Channel Insights - Newsletter

03/17/2014 - 17:34

REI, a leading specialty retailer of outdoor gear and apparel, achieved record annual sales of $2 billion in 2013, up 5.9% from $1.9 billion the previous year, despite a challenging retail environment and severe winter weather.

03/17/2014 - 16:59

Advantage Sales & Marketing (ASM) has acquired San Antonio, Texas-based Longhorn Food Brokers to strengthen its fresh food focus in the Lone Star state.

03/17/2014 - 16:06

The Hain Celestial Group introduced Garden of Eatin' Butternut Squash Corn Tortilla Chips. The gluten-free snack features a combination of butternut squash and organic yellow corn.

03/14/2014 - 16:11

Hibbett Sports experienced a significant slowdown in January due to significant weather-related store closures and a less favorable sales impact this year from the college football championship game. However, sales trends improved in February as weather patterns normalized and the retailer rolled out its spring assortment.

03/14/2014 - 14:06

Premium chocolatier Lindt & Sprungli is adding more than 100,000 sq. ft. of manufacturing capacity at its U.S. headquarters in Statham, N.H.

03/14/2014 - 12:53

Sears Hometown and Outlet Stores said fourth-quarter same-store sales declined 3.4% as two of the company’s best known brand had disappointing results.

03/13/2014 - 17:12

Genesco chairman, president and CEO Robert J. Dennis said that the company’s overall fourth-quarter results were lower than expected, thanks to inconsistent sales patterns and severe winter storms that affected its key markets.

03/13/2014 - 16:52

In 1984, at the impressionable age of 17, Doug McMillon’s journey with Walmart began in a way that hardly foretold he would one day become CEO. On the way to a Walmart warehouse for his first day of unloading trucks, McMillon rear-ended his supervisor’s car with his father’s Honda Civic, he recalled in the February issue of Walmart World.

03/13/2014 - 16:49

Walmart deepened its commitment to domestic sourcing and supply chain efficiency on Thursday when Walmart U.S. president and CEO Bill Simon unveiled a first-of-its-kind RFP process and a new Innovation Fund.

03/13/2014 - 15:54

What’s next for Walmart under the leadership of new CEO Doug McMillon is the focus of the Spring edition of Walmart Supplier News.