Leading apparel retailer C&A is scaling up its Radio Frequency Identification project with Checkpoint Systems, a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, from five to 25 stores.
JCPenney has drawn $850 million from its $1.85 billion revolving credit line and will use the proceeds to fund working capital requirements and capital expenditures, including replenishing inventory in anticipation of the completion of for its newly overhauled in-store home departments, which are due to be unveiled next month.
Dick’s Sporting Goods fell three cents short of analysts’ profit forecast in the fourth quarter thanks to a 1.2% same store sales increase partially caused by unseasonably warm weather and soft sales of big ticket items.
As a leading retailer, you know what your customer wants, and you’ve done the hard work of building the right assortment, sourcing from the right factories, and making it available in time for the season. Now you need to make sure that your customers can have what they want when they want it.
TAGSYS RFID, a provider of item-level inventory management systems that streamline the supply chain, has expanded its U.S.-based organization in response to accelerating demand for smart inventory and loss management systems within the retail and luxury sectors.
Books-A-Million's efforts to secure the inventory, fixtures, equipment and leasehold interests for 30 Borders stores ended unsuccessfully because the company could not agree with Borders on terms and the going out of business sales at these locations commenced, the company announced Monday.
Books-A-Million announced the company has submitted a bid in the Borders Inc. bankruptcy proceedings to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations.