News

Dallas -- Transplace, a leading provider of transportation management services and logistics technology, announced that Anna’s Linens has selected the third-party logistics provider (3PL) as its 2010 Business Partner of the Year.

Anna’s Linens recognized Transplace, which manages all of the specialty retailer’s domestic transportation activities, for delivering supply chain improvements via the 3PL’s managed services solution and logistics technology.

EDEN PRAIRIE, Minn. — Supervalu banner Save-A-Lot has appointed a new leader, replacing company veteran Bill Shaner, who has lead the division since 2006.

WINSTON-SALEM, N.C. — HanesBrands announced that CFO E. Lee Wyatt has resigned effective June 30 and current controller and chief accounting officer Dale Boyles will serve as interim CFO while the company conducts a search to fill the position.

Wyatt, 58, who joined HanesBrands before its 2006 spinoff to oversee the development of the company’s financial, accounting, and external reporting capabilities, is leaving the company to seek similar opportunities, according to HanesBrands.

MENOMONEE FALLS, Wis. — Kohl’s reported that its first quarter diluted earnings per share increased 14% to 73 cents, in line with Citi and Stifel analysts expectations and with the company's updated guidance that EPS would be toward the high-end of 68 cents to 73 cents (provided on May 5). Net income for the quarter was $211 million, compared with $199 million (64 cents per diluted share) a year ago. Net sales were $4.2 billion, an increase of 3.1% for the quarter. Comparable-store sales for the quarter increased 1.3%.

Washington, D.C. -- Retail sales rose 0.5% in April after a 0.9% increase in March, the Commerce Department reported Thursday. It was the tenth straight increase and came as consumers spent more on gasoline, clothing and autos in April.

Much of the gain in April, however, came from a surge in gasoline and food prices. Excluding a 2.7% jump in gasoline sales, the increase was a much smaller 0.2%.

Grocery stores sales jumped 1.5% -- triple the March increase. That partly reflected higher food prices.

Comfort and wellness-footwear products  manufacturer Aetrex Worldwide has opened its first retail store, in Englewood, N.J. Designed by Gensler, the store has an upscale look, and combines the latest in technology with eye-catching graphics, high-end millwork and a fitting areas shaped like the company’s corporate logo.

New York City -- All Saints, the U.K. fashion retailer known for its dark interiors and edgy threads, has been bought by British investment firm Lion Capital and U.S. private equity firm Goode Partners, Britain’s The Telegraph reported. The purchase is likely to speed the chain’s expansion in the United States.

When it comes to shopping, Jeff Bezos, CEO of Amazon knows a thing or two about the subject, which is why it was fitting that he was the keynote speaker at Consumer Reports’ ShopSmart magazine summit on May 11. The founder of the leading online retailer offered insights on the consumer and the future of the industry.