OPERATIONS

Survey: More adults report personal data theft

BY Dan Berthiaume

Washington, D.C. – A rising percentage of online U.S. adults report experiencing breaches of their personal data. According to newly released data from the Pew Research Center, 18% of online adults have had important personal information stolen, such as their Social Security Number, credit card, or bank account information.

That’s an increase from the 11% who reported personal information theft in July 2013. In addition, 21% of online adults said they had an email or social networking account compromised or taken over without their permission. The same number reported this experience in a July 2013 survey. Internet users have become more worried about the amount of personal information available about them online. Fifty percent reported this concern in January 2014, up from 33% in 2009.

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SUPPLY CHAIN

Save-A-Lot to support sales with new DC

BY Dan Berthiaume

St. Louis – Save-A-Lot will open a new 140,000-sq.-ft. food distribution center in Aurora, Colo., in June 2014. Save-A-Lot currently services its stores in this market out of the company’s distribution center located in Dallas.

Save-A-Lot says the addition of the new facility in Aurora will reduce transportation expenses, shorten delivery times and better position the company for future growth. Save-A-Lot currently operates more than 1,300 stores across 39 states. Currently, there are 15 Save-A-Lot stores in the Denver market. The new distribution center will help support the company’s growth plans in Denver and the surrounding states.

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FINANCE

99 Cents Only net loss widens in fiscal 2014

BY Dan Berthiaume

City of Commerce, Calif. – 99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January. Net loss grew to $12.48 million from $8.9 million.

Total net sales were $1.53 billion, down 8% from $1.66 billion. Same-store sales rose 3.7%.

"We are pleased with the progress we have made on implementing our strategic plan to accelerate store growth and improve sales and margin," said Stephane Gonthier, CEO of 99 Cents Only. “We are also encouraged by the favorable responses from our consumers to our ‘Go-Taller’ program, which has retrofitted the display shelving from a height of 54 inches to 78 inches at 64 of our stores in the past two months. We are on track to complete the retrofits by September 2014.

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