Logistics

Advance Auto Parts has appointed a longtime GE executive as it supply chain leader. 

Todd Greener has been named senior vice president and will lead the company’s supply chain function in its efforts to support Advance Auto Parts stores and customers.

Slow and steady is winning the race at AutoZone where the company just notched its 34th consecutive quarter of double digit profit growth and has a stock pricing heading toward $700.

AutoZone’s sales in the company’s second quarter ended Feb. 14, increased 7.7% to slightly more than $2.1 billion and same store sales increased 3.6%. Net income increased 9.8% to $218 million with an aggressive stock buyback program enabling earnings per share to advance 15.6% to $6.51 cents from $5.63 the prior year and well ahead of analysts’ estimate of $6.38.

Roanoke, Va. -- Advance Auto Parts announced that Todd Greener has been appointed senior VP, supply chain.

The 2,200 store Bridgestone Retail Operations group is refining its approach to a key supplier relationship with a new deal involving Shell Lubricants Americas.

Beginning Jan. 1, 2016, Bridgestone Retail Operations (BSRO) said Shell would serve as its supplier of choice for automotive lubricants at the company’s more than 2,200 U.S. tire and automotive service centers.

Conshohocken, Pa. -- Ikea announced that it has chosen VCC to serve as construction manager both for the site work and store development of its new, larger store in Burbank, California. The new location will replace the chain’s existing Burbank store, which is also Ikea’s oldest store in the Western United States.

Pending remaining approvals and permits, groundbreaking is on track for fall 2015 and store opening in spring 2017. Until the new, roomier store opens on the new site, customers can continue to shop at the existing Ikea Burbank.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in north Jacksonville, Florida.  The opening is slated for Feb. 28.

The new store is located in Highland Square at Dunn Avenue and Monaco Drive off Interstate 95. Florida is the retailer’s third largest state with a total of 25 stores. Including this new location, dd’s Discounts will operate over 150 locations in 15 states.
 

Scottsdale, Ariz. – For all the advancements in retail in recent years, the tools and processes supporting the global supply chain remain outdated.

Minneapolis – While some retailers have been raising their spending threshold for free shipping in the past year or so, Target Corp. is taking the opposite approach. Target now offers free shipping for orders of $25 or more. The retailer said the price cut follows an enthusiastic response to its free-shipping offer during the holiday shopping season.

That is half the $50 minimum Target previously required for free shipping. The free rate applies to standard shipments that take three to five business days to arrive.