SUPPLY CHAIN

Park City Group enhances ReposiTrak food safety solution

BY Dan Berthiaume

Salt Lake City – Park City Group is adding enhancements to its food safety solution known as ReposiTrak. To enhance interaction between product suppliers and their customers, a communication feature has been added to ReposiTrak related to each referential document.

An automated document content validation has been activated and will alert both partners (by email or online) every time customer requirements are not met. Additional document audit features have been added to facilitate automated and manual independent certification reviews. Several usability enhancements have also been added; for example certificate of insurance coverages are now more easily seen via contextual pop-ups. The latest traceability enhancements include identification of the country of origin for each ingredient in the product. And, graphic mapping overlays of product movement have been expanded to integrate with additional map providers.

“Making the food supply safer for the consumer is at the heart of what ReposiTrak is all about,” said Randall K. Fields, chairman and CEO of Park City Group. “We continue to focus on the two best ways to do this by managing brand and reputational risk through better management of audit and insurance documentation and, through our interoperable platform, continuing to enhance capabilities that enable faster tracking and tracing of suspect products or ingredients more than one forward and one back in the food supply chain.”

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OPERATIONS

Wet Seal director resigns for retail CEO role

BY Dan Berthiaume

Foothill Ranch, Calif. — Mindy C. Meads has resigned from the board of directors of The Wet Seal, effective Feb. 4, in order to focus on her new role as CEO of specialty women’s apparel retailer Calypso St. Barth.

“Mindy has been a valued member of the board of directors and we wish her well in her future endeavors with Calypso St. Barth,” said Lynda Davey, non-executive chairman of the board Wet Seal. “Mindy’s leadership as chair of the nominating and corporate governance committee and her general contributions to the board were a value to the Company and its shareholders.”

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FINANCE

Wal-Mart Canada plans $500 million expansion

BY Dan Berthiaume

Mississauga, Ont. – Wal-Mart Canada plans to complete 35 supercenter projects in the company’s fiscal year which runs from February 1, 2014 to January 31, 2015. The company also will expand its distribution network to support its growth and will continue to expand its Canadian e-commerce operation.

The projects will represent a combined investment of close to $500 million in the Canadian economy during the next 12 months and will include the construction of new stores as well as the expansion, remodeling and relocation of existing stores. The investments will include more than $376 million for store projects, $91 million for distribution network projects to grow Walmart Canada’s fresh food capability, and $31 million for e-commerce projects. The combined expansion is expected to generate more than 7,500 jobs during the next year, including construction jobs.

The locations for specific store and distribution center projects will be announced as specific projects become finalized. Expansion will bring Wal-Mart Canada’s store count to 395 by the end of January 2015, including 282 supercenters and 113 discount stores.

"Customers in every region of Canada are looking to save money on their entire list of shopping needs," said Shelley Broader, Wal-Mart Canada’s president and CEO. "Delivering on our commitment to help lower the cost of living is our top priority, and our growing network of supercenters and our expanding e-commerce offering enable us to do just that."

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