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Logistics

  • Increased order sizes boost Overstock.com’s Q1 results

    SALT LAKE CITY — Online discount retailer Overstock.com reported a 19% increase in total net revenue for the first quarter, thanks to a 21% increase in average order size.  

    Overstock.com’s total net revenue for the quarter was $312 million, up from $262 million for the first quarter of last year, even though the company reported a small decrease in the number of customer orders. Its net income for the quarter surged to $8 million, up from $2.7 million for the same period last year. 

  • Sears Holdings launches fulfillment service for merchants

    HOFFMAN ESTATES, Ill. — Sears Holdings is offering a simple, cost-effective way for businesses to manage storage, picking, packing and shipping of customer orders from Sears Marketplace and other places a merchant sells products.

    Fulfilled By Sears allows merchants to market and sell to members of the company's Shop Your Way Rewards program. Sears said members of the program buy and spend more and recently exceeded 60% of Sears’ transactions and sales.

  • Diamond Foods turns to Transplace

    Third party logistics provider Transplace was selected by Diamond Foods to improve operational efficiencies and supply chain visibility.

    Diamond Food wills use Transplace’s Transportation Management System and gain access to the company’s web-based technology and business intelligence analytics to help the company optimize its transportation network, view shipments in real-time, reduce transportation costs and support long-term business goals.

  • Ikea president to keynote Retail Sustainability Conference

    President of Ikea USA Mike Ward is scheduled to keynote this year’s Retail Sustainability Conference, which will run from Monday, Sept. 30 to Thursday, Oct. 3 in Orlando, Fla. 

  • Ikea’s U.S. solar presence brightens

    PERRYVILLE, Md. — Ikea has plugged-in the solar energy system installed at its distribution center in Perryville, Md. 

  • Kroger oversees massive charitable initiative in Louisville

    CINCINNATI — Kroger on Thursday announced plans to bring together more than 4,800 associates at the Kentucky Exposition Center on April 16 to assemble an estimated 17,000 emergency food and personal care boxes for the metro community of Louisville, Ky.

  • NRF supports long-term ports contracts

    WASHINGTON — The National Retail Federation issued a statement on Tuesday in support of the International Longshoreman’s Association’s approval of a new long-term master labor contract covering port terminal operations along the East and Gulf Coast ports.

  • Alco Stores moving corporate headquarters to Texas

    Abilene, Kansas -- Alco Stores Inc. said Wednesday it is moving its corporate headquarters from Abilene, Kan., to a suburb of Dallas, citing the need to be “in a more metropolitan area.”

    The new Coppell, Texas offices will give the company easy access to many of its stores, other major retailers and transportation for its workers and business partners, CEO Rich Wilson said in a Wednesday statement.

    The move is slated to occur in June.

     

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