SUPPLY CHAIN

Manhattan Associates recognized for providing Macy’s with supply chain solutions

BY Marianne Wilson

Atlanta — Manhattan Associates was honored as the "Best Third Party Provider" at the Voluntary Interindustry Commerce Solutions Association Awards, for its strategic thinking and leadership that has resulted in high-impact supply chain practices and partnerships. Manhattan was selected based on its partnership with Macy’s, providing solutions from the Manhattan SCOPE solution suite that have supported the growth of the leading retailer’s direct-to-consumer business.

Macy’s leverages Manhattan’s Warehouse Management, Slotting Optimization and Labor Management solutions from the Distribution Management suite within its distribution centers in Tennessee and Arizona, which support distribution processes to more than 850 Macy’s and Bloomingdale’s department stores in 45 states.

"Manhattan’s strategy in supply chain execution and ability to integrate have enabled Macy’s to continue its success in a growing and emerging industry and helped support our growth in omnichannel initiatives and store fulfillment capabilities," said Pam Sweeney, senior VP logistics systems, Macy’s. "Manhattan’s products have provided the platform to enable sales growth at an accelerated pace while realizing all key operating metrics."

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FINANCE

Hartstrings files Chapter 7

BY Marianne Wilson

New York City — Children’s clothing retailer Hartstrings L.L.C., owned by Maryland private-equity firm American Capital L.P., has declared Chapter 7 bankruptcy. The company, which has 28 stores and a wholesale operation, plans to dissolve the business.

The filing comes a year after the company entered into an agreement with television personality Tori Spelling to develop a children’s clothing line under the Little Maven label.

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OPERATIONS

Borders executive VP and chief merchant resigns

BY Marianne Wilson

Ann Arbor, Mich. — Borders Group executive VP and chief merchandising officer Michele Cloutier has resigned, Borders said in a late afternoon Friday filing with the U.S. Securities and Exchange Commission.

It is the latest in a string of high-level departures from the bookseller as it struggles to emerge from bankruptcy protection.

On Thursday, the company received a deadline extension until mid-October to file a plan to restructure. An attorney for Borders said parts of the company could be sold in as quickly as two weeks.

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