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  • Exclusive: Impact of Hurricane Sandy on Retail Supply Chains

    New York -- Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

    "While most retailers should have enough inventory for their regular replenishment items, we expect to see out-of-stock situations up and down the East Coast for promotional items retailers have ordered and advertised for Black Friday," Merritt said.

  • 7-Eleven closes deal to purchase 163 Tetco stores

    Dallas -- 7-Eleven announced that it has acquired the retail and wholesale dealer assets of San Antonio-based Tetco, closing a deal that was announced Aug. 14.

    The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.

    Terms of the deal were not disclosed.

    The acquisition signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

  • JDA and RedPrairie to merge

    Atlanta -- RedPrairie and JDA Software, providers of enterprise software and services for the extended supply chain, have entered into a definitive merger agreement. The combined entity will offer a broad portfolio of solutions and services to manage global supply chains -- from raw materials, to finished products, into the hands of consumers -- through any channel.
     

  • Costco October sales up 9%

    ISSAQUAH, Wash. — Costco's sales for October rose 9% to $7.67 billion from $7.01 billion during the similar period last year.

    Total comps for the month increased 7%, consisting of a 7% increase in the United States, and a 9% increase internationally. Excluding the impact of fuel, U.S., international and total same-store sales increased by 5% each.

  • Walgreens launches recovery efforts, 500+ stores still closed

    Deerfield, Ill. -- Walgreens said Tuesday that it is beginning its recovery efforts in the wake of Hurricane Sandy. The retailer said that it is working to provide its stores with what they need to again serve customers in areas impacted by the storm.

    By noon ET on Tuesday, the number of Walgreens stores closed dropped to 530 with more re-opening by the hour, from a peak of about 750 stores closed during the height of the storm.

  • Walmart powers up Red Bluff wind turbine

    Red Bluff, Calif. -- Walmart's wind turbine at its distribution center in Red Bluff, Calif., is now operational. The wind turbine is Walmart's first onsite industrial-sized wind turbine and will generate approximately 2,200,000 kilowatt-hours of power, providing up to 20% of the distribution center's annual electricity use. U.S. House Representative Wally Herger joined local officials, as well as Walmart and Foundation Windpower executives, to commemorate the pilot project.

  • Report: DIY major players deploy truckloads of supplies

    New York -- A Tuesday report by the Wall Street Journal said that Home Depot and Lowe’s Cos. had deployed hundreds of truckloads of storm-recovery inventory Tuesday into areas impacted by Hurricane Sandy.

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