Skip to main content

Logistics

  • Lowe’s to rebuild North Carolina store destroyed by tornado

    Mooresville, N.C. -- Lowe’s will rebuild its store in Sanford, N.C., that was demolished by a tornado April 16, the company announced Thursday.

    Lowe’s will tear down what is left of the remaining building, which has been condemned, and build a new facility on the site, said company spokeswoman Karen Cobb. The chain hopes to re-open the store this fall.

  • Tesco annual profit up, losses continue at Fresh & Easy

    New York City -- Tesco PLC said Tuesday that its profit rose 14% to $4.3 billion in its most recent fiscal year ending Feb.26, while annual group sales increased 8% to almost $106 billion. However, losses continued to mount at its U.S. division, Fresh & Easy Neighborhood Market, which lost about $302.6 million. The division, which opened its first stores in 2007, now has 172 locations. It has yet to post a profit.

    Tesco remains committed to Fresh & Easy, and said it is ramping up expansion, with about 50 stores on tap for this year.

  • Toys 'R' Us girds for online battle on Western front

    The multichannel capabilities of Toys “R” Us were enhanced this week when the company announced plans to open a new online fulfillment center near Reno, Nev., that will allow for more timely shipment of West coast customers’ online orders.

  • Toys ‘R’ Us to open e-commerce DC near Reno

    Wayne, N.J. -- Toys “R” Us announced Wednesday that it will open a new e-commerce distribution center near Reno, Nev., to support its expanding online business.

    The dedicated e-commerce fulfillment center, located in McCarran, is slated to open in July.

    Once operational, the retailer said the 300,000-sq.-ft. facility will enable it to increase its fulfillment capacity and expedite deliveries to online customers in the western United States.

  • Wal-Mart details environmental progress

    Bentonville, Ark. -- Wal-Mart Stores on Monday released its "2011 Global Responsibility Report." According to the report, the chain has made steady year-to-year improvement towards its goals of creating zero waste, using 100% renewable energy and selling products that sustain people and the environment.

  • Gap establishes international division

    San Francisco -- Gap said Tuesday that it is establishing an international division, based in London, to ramp up overseas growth, and will open its first Old Navy stores abroad -- in Japan -- by 2012.

    Gap said it has set a goal for international and online sales to make up 30% of its total by 2013, up from 22% in 2010 and 14% in 2006. The new international division will oversee stores across Europe, the Middle East, North Africa, Asia Pacific and South America.

  • Kellogg names new SVP global supply chain

    BATTLE CREEK, Mich. — A former PepsiCo executive has joined Kellogg's as its new SVP global supply chain.

    Steven Sterling, who most recently served as group VP operations for Pepsi's Frito-Lay division, joined Kellogg's on Friday. He will serve as a member of the company's executive leadership team and report to Kellogg president and CEO John Bryant.

  • WS Development, Olympic Realty close on land for new Walmart project

    Millcreek, Pa. -- Chestnut Hill, Mass.-based WS Development and Olympic Realty & Development Corp. announced that they have closed on 42 acres of land in Millcreek, Pa., in conjunction with Walmart.

    The land is the future home of Millcreek Town Center, a 350,000-sq.-ft. open-air shopping center, which will include a new Walmart and approximately 160,000 sq. ft. of additional retail and restaurant space.

X
This ad will auto-close in 10 seconds