Logistics

North Bergen, N.J. – Vitamin Shoppe, Inc. has opened a new 311,740-sq.-ft. distribution center in Ashland, Va. The center began receiving inbound inventory in June 2013 and outbound shipments to stores began in September 2013.

As of October 15, 2013, the center was shipping inventory to 56 Vitamin Shoppe stores located in Texas, Oklahoma, New Mexico and Louisiana. The center, which was built to the Vitamin Shoppe's specifications, features state-of-the art conveyor and picking and packing systems to move goods and orders throughout the facility.

Bentonville, Ark. -- Wal-Mart Stores detailed a number of moves, including opening smaller stores in the United States, cutting back on overseas growth and increasing its investments in technology and e-commerce,  on the occasion of the  company’s 20th annual investor meeting.

Rogers, Ark. -- Wal-Mart Stores is focused on near-term execution to grow its same-store U.S. sales, improve returns in Walmart International and leverage expenses for the full year, company president and CEO Mike Duke said Tuesday at the company’s 20th annual meeting for the investment community.
    

Jacksonville, Fla. -- Stein Mart is expanding its presence this fall with four new stores and two relocated stores. The new stores are located in El Paso, Texas; Buford (Atlanta), Ga.; Elk Grove (Sacramento), Calif.; and Watchung, N.J.

Monroe, Mich. – La-Z-Boy Inc. intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio, market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers who are retiring.  

E-commerce facilitator Newgistics has opened three new distribution facilities in Kentucky, California and Illinois encompassing more than 600,000 square feet.

Changes in foreign exchange rates had a negative impact on Costco’s comparable store sales for the fourth quarter ended Sept. 1, but the wholesaler still reported increases in both its U.S. and international markets.

The company’s comparable sales for the quarter increased 5%. U.S. comparable store sales increased 5% for the quarter, while international comparable store sales increased 4%.

Milwaukee — NAI MLG Commercial has announced eight recent transactions across the state of Wisconsin.