Logistics

Third party logistic provider Kenco was chosen by Haier America to manage the appliance brand’s U.S. distribution.

Mooresville, N.C. -- Lowe’s Cos. has named Stephen Szilagyi to the post of supply chain executive, reporting to Rick Damron, COO.

In his new role, Szilagyi will oversee Lowe’s logistics and distribution network that expedites the replenishment of merchandise and supplies to all Lowe’s stores.

Szilagyi has more than 25 years of supply chain experience, including leadership roles prior to Lowe’s in wholesale distribution and retail/consumer products supply chain consulting services.

New York -- Supply chain solution-provider DeSL said Thursday that Men’s Warehouse is embarking on a phase 2 project that expands its PLM application usage to implement the DeSL full supply chain solution.

"Now that we have implemented DeSL's PLM solution we have full control of our product development, are sharing on-line tech packs with our vendors along with time and action calendars and collaborative costing, the natural extension was to go to full supply chain management,” said Will Silveria , executive EVP , Men's Wearhouse.

Eden Prairie, Minn. -- Bloomberg reported Tuesday that Supervalu Inc. has set the rate it will pay on $2.4 billion of loans to fund the sale of five supermarket chains to a Cerberus Capital Management LP-led investor group.

A six-year, $1.5 billion term will pay interest at 5.75 percentage points more than the London interbank offered rate with a 1.25 percent minimum, reported Bloomberg, citing an unnamed source.

Walmart's U.K. chain, Asda, is optimizing its distribution operations by incorporating Isotrak vehicle-tracking, along with Paragon routing and scheduling software.

The new system has enabled Asda to implement a new regional distribution structure.

GRAND RAPIDS, Mich. — Chief Super Market, an Ohio-based grocery chain, has selected Spartan Stores, a regional grocery distributor and retailer, as its primary wholesale grocery supplier.

Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores stated that it will assume distribution to all of Chief’s banners for grocery, dairy, frozen, bakery and other products in March.

By Kevin Farkas, [email protected]

PHILADELPHIA — Teen and tween retailer Five Below will open 60 stores this year, including its first-ever locations in Texas.

The retailer said it will open four to five stores in Austin, Texas, and 10 to 12 stores in Dallas by late summer, with the potential for more than 100 stars in the Lone Star Sate stores over time.