Logistics

Solid same store sales growth at Rite Aid caused second quarter profits to surge but looming pressure on pharmacy margins prompted the company to reduce its full year outlook.

The nation’s largest wholesaler of retail returns, GENCO Marketplace, and marketing automation provider SnapRetail, have combined to bring new capabilities to those looking to efficiently and profitably liquidate merchandise.

The companies joined forces to offer new, easy-to-use online marketing tools to retailers and resellers within the $2.5 billion GENCO Marketplace who will receive special software pricing, access to free educational resources and one-on-one consultations from SnapRetail.

Every holiday season is filled with uncertainty, and this year is no different, except when it comes to e-commerce, where the only unknown is the size of the sales increase.

Goya Foods plans to open a state-of-the-art distribution center in Georgia to aid with the expansion of their business in the southeast region.

Located at 4005 Haworth Pkwy., in McDonough, the facility will be officially inaugurated with a ribbon-cutting ceremony Wednesday, Sept. 17, between 10:30 a.m. and 2p.m. McDonough’s Mayor Billy Copeland will be present for the ceremony.

By Christoph Stehmann, Pitney Bowes

Imagine that it’s a breezy Friday morning and tonight is your nephew’s birthday party. It’s completely slipped your mind, and there just isn’t time in your day to go shopping. However, you’re not stricken with panic, because this solution is routine. You go online, find the hottest toy, and hit Amazon Prime Air. You quickly hop in the shower, scarf down a breakfast, and on your way out the door, a small “Octocopter” is touching down on your doorstep to save your day.

New York — Chico’s FAS Inc. has partnered with Borderfree to expand its e-commerce capabilities globally. Through this partnership, Chico’s FAS will now be able to transact with shoppers in more than 100 countries and territories worldwide in more than 60 global currencies.

Non-deductible costs related to the purchase of Jos. A. Bank helped sharply reduce net earnings at The Men’s Wearhouse during the second quarter of fiscal 2014.

The Men’s Wearhouse reported net earnings of $12.3 million, down 71% from $42.9 million the same period a year earlier, although the total still beat Wall Street projections.

Philadelphia – Five Below plans to open a new distribution center in Oldmans Township, New Jersey, in 2015. The center will replace an existing 421,000-sq.-ft. facility located in New Castle, Delaware.

Five Below will occupy approximately 700,000 sq. ft. of the facility to start with, and plans to grow to one million sq. ft. over time. The new distribution center, which is expected to be fully operational in the second half of 2015, will support the company's continued growth and expansion on the East Coast.