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April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

March 27, 2014

Walmart had heads turning this week at the Mid-America Trucking Show where it unveiled a futuristic concept vehicle unlike anything on the road today.

Walmart had heads turning this week at the Mid-America Trucking Show where it unveiled a futuristic concept vehicle unlike anything on the road today.

March 13, 2014

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.

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.

Although McMillon’s early exposure to Walmart came inside a sweltering distribution center, he said the camaraderie, enthusiasm and passion he witnessed let him know something special was going on.

January 16, 2014

Successful leaders and companies bring more than unique products or services to market — they consistently tap into 10 key growth enablers outlined in a new book by veteran CPG executive and growth strategist Dan Mack.

Successful leaders and companies bring more than unique products or services to market — they consistently tap into 10 key growth enablers outlined in a new book by veteran CPG executive and growth strategist Dan Mack.

January 2, 2014

OnlyLeggings.com is borrowing a page from the playbook of Costco and Amazon to create a membership-based program to appeal to those who regularly purchase leg wear.

OnlyLeggings.com is borrowing a page from the playbook of Costco and Amazon to create a membership-based program to appeal to those who regularly purchase leg wear.

December 26, 2013

Streamz, a Mozaex spin-off company, has released what it’s calling the “world’s first smart streaming headphones.”

Streamz, a Mozaex spin-off company, has released what it’s calling the “world’s first smart streaming headphones.”

The headphones have a built-in Android processor, WIFI, Bluetooth and storage, which allow you to play music and audio from multiple sources, including onboard stored music, streaming online radio, streamed phone music, plus audio from your TV, movie and game player.

December 18, 2013

Alco is developing a strategy to improve profitability and deliver shareholder value, following a growing net loss during the third quarter of fiscal 2014, compared to the same period in the prior year.

Alco is developing a strategy to improve profitability and deliver shareholder value, following a growing net loss during the third quarter of fiscal 2014, compared to the same period in the prior year.

Net loss totaled $16.4 million, compared to $1.4 million. Results in the third quarter of fiscal 2014 included a non-cash charge of $9.8 million related to a valuation allowance on the company's cumulative deferred tax asset, and $1.1 million of non-recurring expenses attributable to merger activity.

December 16, 2013

UPS expects to pick up more than 34 million packages Monday, Dec. 16, and expects to deliver 29 million packages globally Tuesday, Dec. 17, driven by e-commerce growth. The surge in volume during peak week — the final full week before Christmas, Dec. 16–20 — is a record for a single day at the package delivery company.

UPS expects to pick up more than 34 million packages Monday, Dec. 16, and expects to deliver 29 million packages globally Tuesday, Dec. 17, driven by e-commerce growth. The surge in volume during peak week — the final full week before Christmas, Dec. 16–20 — is a record for a single day at the package delivery company.

December 9, 2013

The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

The company already converted nine Service & Tire Centers to the Road Ahead format this year, and reported that performance at those stores has been ahead of original projections. The company also plans to convert three additional smaller markets (20 supercenters) in the first half of 2014.

December 9, 2013

Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012.

Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012.

According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million 20-ft. Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

November 12, 2013

Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.

Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.

Total sales increase 3.5% to $1.56 billion during the period ended October 5, but the rate of growth would have been nearly double without the government shutdown which impacted defense department commissaries that are Nash Finch customers.

October 23, 2013

FedEx anticipates moving more than 22 million shipments around the world on Cyber Monday, Dec. 2 —its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

FedEx anticipates moving more than 22 million shipments around the world on Cyber Monday, Dec. 2 —its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

October 17, 2013

Michelle Gloeckler, SVP of Home at Walmart and head of the retailer’s domestic manufacturing initiative is scheduled to give an update on the program, its progress and inner workings in Bentonville next month.

Michelle Gloeckler, SVP of Home at Walmart and head of the retailer’s domestic manufacturing initiative is scheduled to give an update on the program, its progress and inner workings in Bentonville next month.

Gloecker was recently confirmed as a speaker at an event organized by the Bentonville Bella Vista Chamber of Commerce for the organization’s Walstreet membership group which consists of Walmart suppliers and service provider companies. Gloecker is scheduled to speak on Thursday, November 14.
 

October 16, 2013

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

General Parts International is a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the Carquest and Worldpac brands.

October 1, 2013

ConAgra has appointed Thomas “Tony” K. Brown to its board of directors, effective Oct. 15. With the addition of Brown, ConAgra’s board has increased to 12.

ConAgra has appointed Thomas “Tony” K. Brown to its board of directors, effective Oct. 15. With the addition of Brown, ConAgra’s board has increased to 12. 

October 1, 2013

SMS Assist, a leading technology-driven facilities maintenance and management company, has appointed Geoffrey Wigner as its EVP of facilities.

SMS Assist, a leading technology-driven facilities maintenance and management company, has appointed Geoffrey Wigner as its EVP of facilities.

Wigner previously served as senior director of store services for Dollar General, where he managed more than $500 million in capital and expense budgets while directing major projects affecting more than 10,000 stores. Wigner helped the nationwide retailer open 625 new stores and renovate 525 others in fiscal year 2011. 

September 17, 2013

nGage Labs, a leading provider of in-location shopper engagement solutions, has appointed Michael Ricci as the company's as chief marketing officer, a newly created global post reporting to CEO Rod Ford.

nGage Labs, a leading provider of in-location shopper engagement solutions, has appointed Michael Ricci as the company's as chief marketing officer, a newly created global post reporting to CEO Rod Ford.

September 10, 2013

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3.

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3. 

Sales for the quarter increased 0.4% to $527.6 million from $525.7 million for the prior-year quarter. The company’s operating profit for the quarter, adjusted to exclude merger-related costs, was $19.4 million as compared to $15.5 million for the second quarter of fiscal 2012. 

September 7, 2013

Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

PHILADELPHIA — Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

The tire centers are located throughout the greater Los Angeles market, from Bakersfield to Orange County. They will re-open on September 12 under the Pep Boys banner and provide full-service vehicle maintenance and repair, including brand-name and private-label replacement tires.

September 5, 2013

When Walmart lowered its full year sales forecast last month the company said customer were being cautious with their spending. Maybe so, but that wasn’t the case in new car showrooms were automakers reported record sales and in the process created new holiday headwind for Walmart and other retailers.

When Walmart lowered its full year sales forecast last month the company said customer were being cautious with their spending. Maybe so, but that wasn’t the case in new car showrooms were automakers reported record sales and in the process created new holiday headwind for Walmart and other retailers.

August 13, 2013

Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26.

PHILADELPHIA — Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26. 

July 23, 2013

UPS reported second quarter results that were below the company's expectations as a result of disappointing performance in freight forwarding and a "slight miss" in International package.

UPS reported second quarter results that were below the company's expectations as a result of disappointing performance in freight forwarding and a "slight miss" in International package.

July 22, 2013

The competitive prospects of Spartan Stores and Nash Finch improved considerably on Monday when the two companies agreed to merge and create an enterprise with 177 stores, 22 distribution centers and annual sales of roughly $7.5 billion.

GRAND RAPIDS, Mich. — The competitive prospects of Spartan Stores and Nash Finch improved considerably on Monday when the two companies agreed to merge and create an enterprise with 177 stores, 22 distribution centers and annual sales of roughly $7.5 billion.

July 2, 2013

Workwear brand Carhartt is collaborating with vehicle seat cover protection manufacturer Covercraft to deliver Carhartt duck seat protection for pickups, SUVs, vans and over-the-road work trucks.

DEARBORN, Mich. — Workwear brand Carhartt is collaborating with vehicle seat cover protection manufacturer Covercraft to deliver Carhartt duck seat protection for pickups, SUVs, vans and over-the-road work trucks.

June 28, 2013

The MillerCoors company is giving away a 2013 Ford Fusion SE as part of an innovative Facebook campaign targeting NASCAR fans to promote responsible consumption of alcoholic beverages.

The MillerCoors company is giving away a 2013 Ford Fusion SE as part of an innovative Facebook campaign targeting NASCAR fans to promote responsible consumption of alcoholic beverages.