SUPPLY CHAIN

Sears chooses STI for store-renovation logistics

BY CSA STAFF

New York City Sears Holding Corp. selected STI, Fort Wayne, Ind., a leader in specialized supply chain solutions, for its nationwide store modernization program for Sears and K Mart locations.

To support the renovations, STI developed a comprehensive logistics solution to ensure all components such as vendors, Sears’s internal buyers, and transportation was coordinated. Sears’ unique logistics needs required a blend of STI’s services such as vendor management, packaging and crating development, web based visibility tools, and transport optimization to ensure the project was on time and using less trucks than originally planned.

“We assembled a project team of operations, product process engineers, and account management to tailor a customized standard operations procedure (SOP) for Sears,” said Jim Cass, director of operations for STI. “For the menswear roll out, we optimized over 200 truckloads of less-than-truckload shipments leveraging STI’s 43 distribution centers to reduce the number of truckloads by 20%, providing efficiency for the vendors and meeting all delivery dates, damage free.”

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Here comes the Modern Bride line at JCPenney

BY CSA STAFF

Here comes the Modern Bride line at JCPenney

PLANO, Texas – JCPenney announced that it is partnering with Conde Nast to launch Modern Bride, a new line of bridal accessories, to expand its bridal offerings.

The fine jewelery line will launch in February 2011 in stores and online with merchandise targeted primarily to the 25 to 34 year-old customer. The line will include an expanded assortment of bridal jewelery including engagement rings and wedding bands.

"This collaboration with the experts at Conde Nast will allow us to take our bridal business to the next level, creating an even more comprehensive and distinct destination for brides," said Myron Ullman, III, chairman and chief executive officer of JCPenney. "Conde Nast’s deep understanding of the bridal market and valuable direct connection to potential customers make them the ideal partner, allowing JCPenney to cater to brides who will appreciate the Modern Bride name and continue to shop with JCPenney beyond their wedding day."

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NRF anticipates moderate growth for holiday sales

BY CSA STAFF

NRF anticipates moderate growth for holiday sales

WASHINGTON – One of the world’s largest retail trade associations is projecting that holiday sales will increase by a moderate 2.3% to $447.1 billion.

The National Retail Federation said that while growth remains slightly lower than the 10-year average holiday sales increase of 2.5%, it would be a marked improvement from both last year’s 0.4% uptick and the dismal 3.9% holiday sales decline retailers experienced in 2008.

“While many consumers will be wishing for apparel and electronics this holiday season, retailers are hoping the holidays bring sustainable economic growth,” said NRF president and CEO Matthew Shay. “Though the retail industry is on stronger footing than last year, companies are closely watching key economic indicators like employment and consumer confidence before getting too optimistic that the recession is behind them.”

NRF’s holiday sales forecast is based on an economic model using several indicators, including employment, industrial production, disposable personal income and previous monthly retail sales reports. NRF defines holiday sales as those made in November and December.

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