News

Kohl’s optimizes item and store performance with Oracle Retail solution
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.
ABF recipient of unprecedented safety award
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.

Kantar Retail: Walmart.com asserts price leadership over Amazon
General Mills connects to Hispanic customers through music

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.
Weis Markets grows Q3 net income

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%.
Tuesday Morning turning things around

Off price retailer Tuesday Morning enjoyed an 11.3% surge in its first quarter same store sales as it benefitted from the introduction of new and expanded merchandise categories.
Tuesday Morning shrinks net loss in Q1

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.
Clickstop gets creative with employee development

Clickstop, a multi-brand online retailer, has promoted Sarah Watson to Director of Business Development, moving supplies, for the company’s largest online store, USCargoControl.com.

This promotion is in line with Clickstop’s focus on strength-based approach to employee learning implemented in 2014. Watson's natural drive to achieve goals, anticipate obstacles, seek consensus and organize work to improve collaboration has propelled her into this new role, according to the company.
Voting extended in Family Dollar deal

Dollar General has extended the deadline for Family Dollar shareholders to approve a buyout deal while it continues to recommend a “no” vote on a competing proposal from Dollar Tree.
Dollar General extends tender offer to Family Dollar for a second time

Goodlettsville, Tenn. -- Dollar General Corp extended its $80-a-share tender offer to acquire rival Family Dollar Stores Inc. from Oct. 31, 2014, to Dec. 31, 2014, unless further extended. It is the second time Dollar General has extended its offer. About 4 million shares, or some 3.6% of Family Dollar's total share capital of about 114 million, had been validly tendered into the offer as of Oct. 30, Dollar General said in a statement.