News

TOWACO, N.J. — Bosco brand chocolate syrup is making its Walmart debut in 530 stoes in 12 Eastern states including Maine, New Hampshire, Vermont, Rhode Island, Connecticut, New Jersey, New York, Pennsylvania, Massachusetts, Maryland, Virginia and West Virginia.

Bosco which comes in a 22 ounce squeeze bottle is all-natural and vitamin-fortified. Walmart will sell Bosco for $1.98.     

HOUSTON — Ikea has officially plugged-in the solar energy system installed at its store in Houston, Texas – which, when combined with Ikea projects atop stores in Frisco and Round Rock, will make Ikea the state’s largest solar owner. Ikea Houston’s 116,400-square-foot PV array consists of a 813-kW system, built with 3,388 panels.

NEW YORK — Manhattan-based retailer Duane Reade is expanding its footprint with a second distinct location in the historic American Surety building in the city’s Financial District.

URBANDALE, Iowa — Hy-Vee is opening a new store in Iowa that will include a casual dining spot called Market Fresh Grille that will become a full-service restaurant at 4 p.m., including trained servers and a menu that includes dishes created by the store's chefs and a selection of wines and craft beers.

In order to make way for the store, the company is closing its current store in central Iowa in order to make way for a parking lot for the new store, set to open Aug. 14. The new store will include

To help manage its rapidly growing e-commerce business, Walmart’s Asda division in the United Kingdom has selected multiple components of Manhattan Associates supply chain solutions portfolio known as SCOPE.

Asda Direct, the retailer’s general merchandise ecommerce operation, will deploy the supply chain solutions within several distribution centers across the United Kingdom and leverage the Manhattan Associates Supply Chain Process Platform.

Martin Fry has joined Premier Retail Networks as chief operating officer, the company announced Monday.

Sandpoint, Idaho -- Private equity firm Golden Gate Capital has provided Coldwater Creek with a five-year, $65 million senior secured term loan. The retailer also announced the completion of an amendment to its $70 million revolving credit facility with Wells Fargo Capital Finance, which matures on May 16, 2016.

Foot Locker is debuting a new retail brand, The Locker Room, in the United Kingdom. The format was unveiled at the end of 2011, in Brent Cross Shopping Centre, North London. Two additional stores opened in spring 2012, in Birmingham’s Bullring shopping center, and in London’s Lakeside center.

By Renato Scaff, [email protected] and Mark Allen, [email protected]

While the proliferation of new products, personalized services, and digital channels are giving consumers more shopping options than ever, they also are making it tough for traditional retailers and consumer goods manufacturers to capitalize on the demand being created. Succeeding in this environment will require a new level of seamless retail-supplier collaboration.

Birmingham, Ala. -- Hibbett Sports announced plans to build a wholesaling and logistics facility in Alabaster, Ala.

Construction on the new 360,000-sq.-ft. center is expected to commence in fall 2012 with the facility expected to be fully operational by fall 2014. When completed, it will replace the existing 180,000-sq.-ft. facility that the company currently leases in Birmingham.