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Logistics

  • Walmart makes big move in China with stake in Internet giant

    In a big step to grow its business in China, Walmart has entered into an agreement to acquire a 5% stake in JD.com, China’s second largest e-commerce company. 
  • Another retailer pilots same-day delivery service

    Staples is hopping on board the same-day delivery train.    The chain is testing “Staples Rush,” a same-day delivery service to its online customers in major metropolitan areas across the United States. It’s offering the service initially for a fee of $14.99 per delivery, which may change while the project is in beta.  
  • Here’s a feel good story about … Amazon!

    Amazon is lending its considerable logistics expertise to a major food bank in New Jersey.

    The Internet giant sent three logistics experts to tour the Community FoodBank’s 285,000-sq.-ft. warehouse in Hillside, New Jersey, and suggested ways the agency can run more efficiently, NJ Advance Media reported.

  • Amazon keeps expanding supply chain infrastructure

    Amazon.com has been announcing a lot of new distribution centers lately, and now is opening a new IT office dedicated to logistics, as well as a new physical pick-up location.

    The e-tail giant is planning a new technology development center in downtown Minneapolis that will create 100 full-time, technology-focused jobs. Amazon currently has hundreds of employees in Minnesota and is also in the process of hiring an additional 1,000 full-time employees for its new Shakopee, Minnesota, fulfillment center.

  • Bankruptcy bid date set for Hancock Fabric

    New York City-based RCS Real Estate Advisors has announced a bid deadline of June 16, 2016 for the remaining available leases of retailer Hancock Fabrics.
     
    RCS began the process of selling the retailer's leases following Hancock Fabrics' February bankruptcy announcement. Hancock Fabrics operated 250 retail stores in 37 states when it filed for Chapter 11 bankruptcy protection on Feb. 2, 2016. Spence Mehl, senior VP of RCS, made the announcement.
     

  • Ace Hardware takes practical approach to supply chain

    The do-it-yourself vertical is all about getting things done correctly, and Ace Hardware International is building the proper foundation for seamless commerce.
     
    Ace will implement Blue Ridge supply chain planning technology to unify and optimize supply chain planning functions across its global distribution centers and retail locations.
     

  • Lower costs equal higher Q4 profits at Casey’s; store growth planned

    Casey’s General Stores Inc. reported increased net income and decreased revenue during the fourth quarter of fiscal 2016.

    The retailer also said it plans to build or acquire 77 to 116 new stores, among other goals for fiscal 2017.

    In the fourth quarter, Casey’s reported net income of $47.04 million, up 14% from $41.34 million the same period the prior year. Total revenue fell 4% to $1.58 billion, from $1.65 billion. A significant reduction in cost of goods sold offset increases in operating and other expenses, resulting in higher profits.

  • Dollar General adds to fulfillment network

    Photo: Dollar General executives and local leaders cut the ribbon to celebrate the grand opening celebration of the company's new San Antonio Distribution Center. (L to R, Steve Sunderland; Wayne Peacock, Chairman, San Antonio Economic Development Foundation; Bexar County Judge, Nelson Wolff; Mike Kindy; Mario Tort; Todd Vasos, Dollar General CEO; Jeff Owen; Alan Warrick, San Antonio City Council; Jeff Owen; Bob Ravener; Jim Thorpe)

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