7-Eleven completes purchase of 12 Fast Track stores
Dallas — 7-Eleven announced that it has completed the purchase of 12 stores from Fast Track in Central North Carolina, including Winston-Salem. Terms of the agreement are not disclosed.
Remodeling of the units to transform them into 7-Eleven stores gets underway in late November and rebranding is expected to be complete by mid-February 2013.
These locations are in close proximity to another acquisition the company made earlier this year – 55 Sam’s Marts locations in the greater Charlotte area –and compliments the 7-Eleven stores’ expansion in the Tar Heel State.
Ascena Retail Group selects TradeStone PLM
Gloucester — TradeSone Software, provider of merchandise lifecycle management (MLM) solutions that unify the design, sourcing, ordering and delivery of retail goods, announced that Ascena Retail Group has gone live with TradeStone’s PLM for Retail and Collaborative Sourcing in 18 weeks at its subsidiary, Tween Brands, which encompasses both the Justice and Brothers retail banners.
"In the selection process, TradeStone became our vendor of choice because they represented a strategic vision that understood our space, how we work and could enable us to have one unified system for our product development, design, merchandise, and sourcing teams," said Ronnie Robinson, executive VP, Ascena Global Sourcing. "The fact that they have delivered on that unified vision so quickly is exciting for the organization and our users. We look forward to what the next phase will bring."
TradeStone’s merchandising lifecycle management suite is enabling Ascena to drive collaboration, enhance consistency and improve efficiency across the organization. The first phase of the broader transformation encompasses key capabilities in the PLM for Retail and Collaborative Sourcing modules including material, color and artwork libraries, color palettes, design intent, points of measure, tech pack development including sample management, RFQs, offers, and three-way sourcing with the company’s international sourcing offices.
User adoption and feedback has been very positive with quick wins including a reduction in time and manual labor, and automated workflow process and communication between designers, tech designers and vendors.
West Elm to open first Indiana location
Brooklyn, N.Y. — Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15. Located in The Fashion Mall at Keystone, the new store will be the first West Elm in Indiana.
Through a partnership with Etsy, the store will feature a locally made collection of decorative accessories from artists in the Indianapolis area.
A portion of the proceeds on opening day will go directly to The Harrison Center for the Arts, an Indianapolis-based non-profit organization supporting renewal in the city by fostering awareness, appreciation and community for arts and culture. Additionally, the first 200 customers on opening day will receive a free West Elm Indianapolis reusable tote bag.
“The store at The Fashion Mall at Keystone is our 8th new West Elm store this year, and caps a strong year of growth for the West Elm brand,” said Jim Brett, president of West Elm. “Equally as important, we’ve made strong local connections with organizations supporting the arts and the environment at all of our openings. We’re excited to continue this in Indianapolis with The Harrison Center for the Arts, an organization that shares the same views as West Elm on the importance of supporting local art in the community.”