OPERATIONS

Macy’s wins temporary ban against some J.C. Penney Martha Stewart sales

BY Katherine Boccaccio

New York — The latest round in the battle between Macy’s and J.C. Penney over the sale of Martha Stewart goods went to Macy’s, which on Monday challenged a judge’s decision on Friday to allow certain non-branded Martha Steward items to be sold — at least temporarily — in J.C. Penney stores under the JCP Everyday label.

Macy’s announced Wednesday that it won its appeal, as Richard T. Andrias, an associate justice with the New York State Supreme Court’s Appellate Division in Manhattan, ruled during a closed hearing in Manhattan Tuesday that J.C. Penney would be banned from selling Martha Stewart Living-designed goods under the Penney label until he rules on the retailer’s request for a temporary restraining order blocking the sales.

The Macy’s announcement came via an emailed statement by the retailer’s spokesman Jim Sluzewski, but the court has not yet confirmed the decision.

Macy’s is suing both New York-based Martha Stewart Living and Plano, Texas-based J.C. Penney, alleging that sales of products designed by Stewart’s company in J.C. Penney stores violate an exclusivity deal between Martha Stewart and Macy’s signed in 2006.

keyboard_arrow_downCOMMENTS

Leave a Reply

M.Dai says:
Apr-17-2013 03:54 pm

good jobs
The stories of first attempts are really interesting with lots of fun and enthusiasm filled in it. This post gives truly quality information. I'm definitely going to look into it. Really very useful tips are provided here.
flange

M.Dai says:
Apr-17-2013 03:54 pm

The stories of first attempts are really interesting with lots of fun and enthusiasm filled in it. This post gives truly quality information. I'm definitely going to look into it. Really very useful tips are provided here.
flange

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Tesco to exit U.S.; takes $3.5 billion global write-down

BY Katherine Boccaccio

London — Grocery chain Fresh & Easy’s British parent Tesco confirmed Wednesday that it will abandon its U.S. business, selling off the 199-store chain and taking a $3.5 billion write-down.

According to a report by Reuters, the world’s third largest retailer behind Wal-Mart and Carrefour wrote down the value of its global operations by $3.5 billion, saying that abandoning Fresh & Easy in the U.S. would mean restructuring and other one-off costs of $1.5 billion. The remaining write-downs come from de-valuing British properties and its businesses in Poland, the Czech Republic and Turkey.

Tesco appears to be buoyed by its decision to divest Fresh & Easy. "I’ve been working for Tesco for nearly 40 years and I can tell you this — it already looks, feels and acts like a different and a better business," CEO Philip Clarke told reporters, including Reuters.

"It will take time — retail is detail – but we believe that Tesco is on track and we expect recovery in the U.K. to slowly emerge in fiscal year 2014," Panmure Gordon analyst Philip Dorgan told Reuters.

Fresh & Easy has never turned a profit, struggling against competitors such as Trader Joe’s and Wal-Mart. Clarke put the business under review last December and made no secret that an exit was likely. And buyers appear to be approaching the table. CFO Laurie McIlwee told Reuters that Tesco had received "a lot of interest" in Fresh & Easy, both for the whole business and parcels of stores.

"What we’re most interested in is those buyers that are interested in buying the complete business," he said.

The process is expected to continue for at least another three months.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

GS1 adds more supply chain muscle

BY CSA STAFF

LAWRENCEVILLE, N.J. — GS1 US has appointed two supply chain veterans to its industry engagement team. Melanie Nuce has been named VP of apparel and general merchandise and Michael Pheney has been named VP of healthcare.

GS1 US, a member of GS1, is an information standards organization that brings industry communities together to solve supply-chain problems through the adoption and implementation of GS1 standards. More than 200,000 businesses in 25 industries rely on GS1 US for trading-partner collaboration and for maximizing the cost effectiveness, speed, visibility, security and sustainability of their business processes. They achieve these benefits through solutions based on GS1 global unique numbering and identification systems, barcodes, Electronic Product Code-based RFID, data synchronization and electronic information exchange. GS1 US also manages the United Nations Standard Products and Services Code.

"Melanie and Michael make an impressive addition to the team of talent, dedicated to driving industry collaboration in vertical markets," said Siobhan O’Bara, SVP, industry engagement, GS1 US. "Melanie’s strong retail and technology background combined with Michael’s healthcare supply chain experience will provide the leadership that our industries require to help them adopt GS1 Standards and meet the needs of their businesses."

Nuce will be responsible for leading the industry engagement strategy to drive broader adoption of GS1 standards and GS1 US solutions for the apparel and general merchandise industries. In her role, she will help guide the GS1 US apparel and general merchandise initiative by working with industry stakeholders to identify business needs and by developing standards-based approaches to address them. The goal of the initiative is to support industry-wide adoption and use of GS1 Standards to help companies achieve source to store supply chain visibility, ensuring that the right product is at the right place at the right time.

Prior to joining GS1 US, she was the director of retail industry marketing at GXS, where she monitored and measured industry trends to define the strategy for both the retail and consumer products verticals. She focused on prospect, customer and internal education, as well as positioning and go-to-market plans.

Nuce is active in the ongoing development of global standards and is a frequent speaker at educational seminars and industry tradeshows. She has presented at the National Retail Federation’s Big Show, the Council for Supply Chain Management Professionals’ Annual Global Conference and American Hardware Manufacturers Association’s Hardlines Technology Forum. She earned her bachelor’s degree in professional studies from Bethany University.

Pheney will be responsible for driving the adoption and implementation of GS1 standards to improve patient safety and supply chain performance in the healthcare industry. He will also be responsible for engaging various stakeholders to understand their collective objectives and offering strategic guidance of the use of standards and technology to improve business and clinical processes. Pheney will lead GS1 Healthcare US, an industry-driven initiative that is driving forward open, global standards to help healthcare companies improve the accuracy, speed and efficiency of the supply chain and care delivery.

Prior to joining GS1 US, he was director of global supply chain operations at Covidien, where he was responsible for customer service, global distribution, transportation, trade compliance and replenishment planning. At Covidien, Pheney was recognized for numerous achievements including reducing department spend by more than $1 million each year while improving service levels. He also implemented the Operational Excellence program in which he identified $8 million in cost savings and numerous service improvement opportunities. Before working at Covidien, Pheney was director of business process controls at Tyco-Mallinckrodt Inc. His responsibilities included leading large scale supply chain projects and ensuring that cross-functional business processes were aligned and implemented to meet organizational goals. He earned a master’s degree in business administration and bachelor’s degree in business administration and accounting from St. Louis University.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...