The TJX Companies reported increased net sales during first quarter fiscal 2014. Revenue rose almost 7% from the same quarter a year earlier to about $6.2 billion, while same store sales grew 2% on top of an 8% increase from last year. Net earnings totaled $453 million.
Columbia Sportswear is headed to the Gartner Supply Chain Executive Conference, being held May 21-23, in Phoenix, Ariz., to share insights and best practices for deploying cloud technology alongside GT Nexus.
Family Dollar has named Trade Area Systems, a supplier of enterprise market knowledge systems for retail, its IT Strategic Partner of the Year. The award was presented during the company’s fifth annual IT Strategic Partner Summit.
Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years.
Nordstrom reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest. The company also lowered its full-year sales forecast.