News

Redwood Shores, Calif. -- Kohl’s has overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, allowing the retailer to coordinate a unified system of record for inventory to better serve multi-channel customers and to simplify its business user experience.  

Michael Bauersfeld has resigned as Sun Products Corporation’s vp, corporate controller and treasurer to pursue other interests.

The company has appointed Jody L. Macedonio, currently the company’s vp, finance and planning, to the additional role of treasurer, responsible for all treasury functions at the company including investor relations. 

Kevin Page, currently the Sun’s director of financial operations has been designated as interim corporate controller.

Sunbury, Penn. –- Weis Markets Inc. reported net income of $13.7 million in the third quarter of fiscal 2014, a 17% increase from $11.7 million in the same period a year earlier. The elimination of a one-time severance charge and impairment charge from the loss of four properties helped boost net income for the quarter.   Net sales increased 3% to $683.9 million from $661.4 million, while its same-store sales increased 2.6%.   

Dallas –- Tuesday Morning Corp. cut its net loss almost in half to $6.23 million in the first quarter of fiscal 2015 from $12 million in the same period the prior fiscal year. Net sales increased 10% to $202.2 million, compared to $183.7 million.    Same-store sales increased 11%. The retailer credited the turnaround phase of its ongoing transformation program for creating the generally encouraging results.  

Whole Foods has a tendency to zig when other retailers zag and it is doing just that with a new line PBS Kids branded toys this holiday season.

No bright shiny plastic toys will be found on Whole Foods shelves. Instead, the natural grocer struck a deal with PBS Kids to offer a line of educational and sustainable wooden toys and plush products for kids ages six months to three years. Each item in the PBS Kids line is made with safe, non-toxic materials and inks, and all packaging is made from recycled materials, according to the companies.

ABF Freight has done something no other company in the trucking industry has done before.

The Fort Smith, Ark.-based national carrier was awarded the American Trucking Association’s President’s Trophy for the seventh time during the group’s annual safety and human resources conference in Orlando. ABF Freight also received the trucking industry’s most prestigious award in 1984, 1989, 1993, 1998, 2003 and 2010. No other national carrier has earned the award more than five times.

General Mills has partnered  with GRAMMY Award-winning group Camila for the company's 2014-2015 Musica y Sabor campaign focused on connecting with customers in the Hispanic markets.