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RetailROI launches database for retailers to donate overstocked goods to local charities

BY Marianne Wilson

New York City — The Retail Orphan Initiative (RetailROI) has launched an online charity locator to match up retailers looking to donate overstocked merchandise with local charities, thus receiving a potential tax deduction for items that were not going to be selling at a profit.

"Retailers’ overstocks can make a huge difference," said Greg Buzek, president of IHL Group and Donor Trustee for the Retail Orphan Initiative, a charitable foundation under the umbrella of the Giving Back Fund, established to help the 400 million orphaned and vulnerable children worldwide. "By cleaning their stores of the items that aren’t selling and getting their employees focused on the items that are, they help women and children in need – providing a lifeline that brings long-term dividends to the community.”

The charity locator features an interactive map of nearby charities from a RetailROI-developed database of 501c3 organizations across the country that focus on at-risk children, women in distress, or families in need. It includes the top 125 cities and top 300 largest malls in the United States, with information on types of items each charity accepts, including clothing, food, furniture, building materials and educational materials.

According to ROI, the vast majority of the estimated $65 billion overstocks are in small lots at local stores, making it costly to consolidate this merchandise. Retailers spend an inordinate amount of labor and cost on printing new price tags for items they know are not selling, often compounding a loss by adding more cost. Worse yet, the retailers often sell those items at a loss to consolidators, incurring more cost in shipping.

RetailROI’s charity locator is available online at retailroi.org/charity-locator.

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R.Ponting says:
Jan-02-2013 06:45 pm

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R.Ponting says:
Jan-02-2013 06:45 pm

Thanks for taking this opportunity to discuss this, I feel fervently about this and I like learning about this subject. If possible, as you gain information, please update this blog with more information. I have found it really useful. Geneva Watches

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Navarro Discount Pharmacy promotes Ortiz to CEO

BY CSA STAFF

MIAMI — Regional pharmacy chain Navarro Discount Pharmacy, which currently has 29 stores, has named finance executive Juan Ortiz the company’s CFO, to the position of CEO.

Ortiz succeeds CEO Steve Kaczynski, whose expertise in retail merchandising and marketing over the last 18 months has been instrumental in setting a strategic direction for the company and expanding its footprint in South Florida and nationally.

"Juan Ortiz and his team have worked diligently on [giving] Navarro¹s successful financial turnaround building a singular focus and working hand-in-hand with management and employees to execute an effective, long term plan," stated Jorge Rico, a co-founding partner of MBF Healthcare Partners, Navarro’s equity partner. "In addition, Juan’s leadership over the last three years laid the needed groundwork for the first phase of Navarro¹s three-year store expansion plan, now being implemented, as well as record sales and earnings in the company’s 50-year history."

Kaczynski is credited with leading the company to year-over-year increases in sales and earnings and developing a new branding and revitalization program, which included its store expansion and e-commerce capabilities, as well as unveiling the Vida Mia brand, Navarro¹s own bilingual, private-label brand of Hispanic products.

Ortiz joined Navarro as its CFO in August 2008. He and his team stabilized sales and customer traffic, identified new revenue streams, increased profitability and reduced operating expenses by $10 million in a 24-month period, the company stated.

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A&P adds locally raised chicken, turkey and beef to exclusive product line

BY CSA STAFF

MONTVALE, N.J. — A&P announced that it has introduced a new line of locally raised chicken, turkey and beef products exclusively available to customers at select A&P, Pathmark, Superfresh, Waldbaum’s and The Food Emporium stores. All Mid-Atlantic Country Farms products are raised by family-owned farms using humane and sustainable farming methods, reducing the environmental impact of shipping food products over long distances, the company reported.

According to A&P, the animals used in the product line are fed a 100% vegetarian dietmade from corn, soybean meal and a blend of vitamins, minerals, amino acids and oils.

“Our new Mid-Atlantic Country Farms brand offers our customers great tasting poultry and beef that is naturally raised on farms within close proximity to the communities we serve,” said Tom O’Boyle, EVP merchandising, marketing, supply and logistics. “We are pleased to support the efforts of Mid-Atlantic farmers to provide our customers with healthier and tastier beef and poultry options, while offering customers the more environmentally sustainable choice of fresh, locally-sourced chicken, turkey and beef.”

Mid-Atlantic Country Farms chicken is available now in all A&P, Waldbaum’s, Superfresh, Pathmark, and The Food Emporium Stores. Beef and turkey will be available in select stores throughout the summer. Natural chicken products will replace the Greenway brand natural chicken products currently sold in A&P banner stores. Greenway organic products, including chicken, will still be available.

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