Skip to main content

OPERATIONS / SUPPLY CHAIN

  • Costco sets goal of 150 new stores in five years

    NEW YORK — Costco Wholesale Corp. is looking to open approximately 150 locations over the next five years, CFO Richard Galanti said on the company’s quarterly conference call with investors.

    “And if we get a little better than that, great,” he added. “But that’s certainly a good starting point given where we’ve come over the last few years.”

    Of the total, about 55 of the new units would be in the United States, with the rest located in Canada or foreign markets.

  • Survey: 11% of adults consider themselves shopaholics

    Whiting, Ind. -- Survey results released Thursday by CouponCabin.com found that more than one-in-10 Americans say their shopping habits have put them in debt, with 20% saying the most amount of shopping debt they've been in exceeds $5,000.

    The survey, conducted by Harris Interactive, also revealed that 41% of U.S. adults have created shopping debt of more than $1,000. Eleven percent consider themselves to be shopaholics.

  • Ebay, Walmart and McDonald's tops for in-store charity donations

    Chicago -- Ebay, Walmart and McDonalds are tops when it comes to in-store charity donations, according to a study by Cause Marketing Forum that ranked the largest consumer donations at the point-of-sale last year. More than $358 million was raised in 2012 through a total of 63 corporate-backed charity checkout campaigns identified by Cause Marketing.

  • Home Depot to hold more than 700 in-store hurricane workshops

    Atlanta -- The Home Depot announced a single-day effort to prepare residents in storm-prone regions for the upcoming hurricane season. On July 27, Home Depot said it will host Hurricane Preparedness Workshops at more than 700 of its stores from the Gulf Coast to New England.

    The expansion of the workshops is one of several preemptive measures the company is taking in preparation for 2013 hurricane activity, which is once again predicted to be above average.

  • Alco Stores names senior VP

    Abilene, Kan. -- Alco Stores said Thursday that it has promoted Ricardo Clemente to senior VP, human resources, store operations and loss prevention.

    Clemente joined the chain in 2011 as a district manager, most recently serving as VP stores and human resources.

  • Target expanding beauty concierge program to 190 locations by yearend

    Minneapolis -- Target said it will introduce its Beauty Concierge program to 27 stores in Washington D.C., Northern Virginia and Baltimore on June 28. The program calls for an on-staff “Beauty Concierge” – a trained, brand-agnostic beauty advisor – who provides personal-care advice and beauty tips in the Target beauty aisle.

  • ICSC names divisional VP, Europe

    London — The International Council of Shopping Centers’ executive committee has elected Marcus Wild, CEO of SES Spar European Shopping Centers, as divisional VP for the association’s European division.

  • Consumer sentiment maintains at five-year record high

    New York -- Consumer sentiment for the week ended May 27 maintained a near five-year high level, according to the Bloomberg Consumer Comfort Index on Thursday.

    Crediting an improving economy and healing personal finances, Americans are expressing continued optimism, as the Index was at minus 29.7 in the period compared with minus 29.4 a week earlier. The margin of error for the figure is 3 percentage points.

    According to Bloomberg, views on the current state of the economy matched a mid-April reading as the strongest since January 2008.

X
This ad will auto-close in 10 seconds