Content about Sourcing

April 24, 2014

Overstock.com, Inc. has promoted Seth Marks to the position of senior VP of merchandising and strategic sourcing for the online shopping site.

Salt Lake City -- Overstock.com, Inc. has promoted Seth Marks to the position of senior VP of merchandising and strategic sourcing for the online shopping site.

Marks began his work at Overstock.com in 2013, and has served as VP of sales and special acquisitions. Previously, he co-founded Big Lots Capital, the special acquisitions arm of Big Lots, Inc., and served there as the VP of merchandising.  He also was chief marketing officer and Acquisition Group president of Tuesday Morning Corp.

 

October 9, 2013

Rite Aid has renewed its sourcing partnership with Intesource, an e-sourcing provider in the retail, drugstore, grocery and restaurant industries.

Phoenix -- Rite Aid has renewed its sourcing partnership with Intesource, an e-sourcing provider in the retail, drugstore, grocery and restaurant industries.

Rite Aid has leveraged Intesource's e-sourcing technology since 2009. The partnership helped the chain secure significant savings  on both direct and indirect categories -- including snow plowing services -- and drove efficiencies across the entire supply chain.

February 15, 2013

Ascena Retail Group announced it has named Ronnie Robinson to the position of president of Ascena Global Sourcing (AGS).

Suffern, N.Y. -- Ascena Retail Group announced it has named Ronnie Robinson to the position of president of Ascena Global Sourcing (AGS).

David Jaffe, president and CEO of the Ascena Retail Group, commented: “Leveraging our sourcing capability across all our brands is an important strategic initiative for Ascena. Ronnie’s experience and accomplishments make him the ideal candidate to lead this effort.”

January 15, 2013

Walmart plans to significantly boost its sourcing from domestic suppliers over the next decade.

New York -- Walmart plans to significantly boost its sourcing from domestic suppliers over the next decade. The plan was announced during an address by Bill Simon, Walmart U.S. president and CEO, at the National Retail Federation's annual convention in New York. Simon also announced the company is committed to helping part-time associates who want to be full time, make that transition.

November 26, 2012

A report by Business Insider said that Ken Mangone, executive VP product development, design and sourcing for J.C. Penney Co., has abruptly resigned the company.

Plano, Texas -- A Friday report by Business Insider said that Ken Mangone, executive VP product development, design and sourcing for J.C. Penney Co., has abruptly resigned the company.

Mangone has been with the retailer since 1977 and is credited with helping to establish J.C. Penney’s private brands.

“We can confirm that Ken Mangone is no longer with the company,” a J.C. Penney spokesman told Business Insider. “We wish Ken continued success and thank him for his years of service….”

November 28, 2011

By Ian Lifshitz, Asia Pulp and Paper Group

By Ian Lifshitz, Rainforest Realities

One of the hottest and most important topics today for retailers and consumers is environmental sustainability. It’s no secret that consumers want to know that retailers are being responsible organizations and are not procuring paper products that come from questionable or non-environmentally friendly sources.

November 3, 2011

Sycamore Partners, a private equity firm based in New York, and Limited Brands announced that Sycamore has acquired a controlling 51% interest in Mast Global Fashions, the third-party apparel sourcing division of Limited Brands.

New York City -- Sycamore Partners, a private equity firm based in New York, and Limited Brands announced that Sycamore has acquired a controlling 51% interest in Mast Global Fashions, the third-party apparel sourcing division of Limited Brands.

Limited Brands will retain a 49% stake in this standalone apparel production and sourcing company. Terms of the transaction were not disclosed. Limited Brands will retain 100% ownership of its separate sourcing operation for their intimate apparel and personal care/beauty businesses.

October 3, 2011

The Children's Place Retail Stores, Inc. said Friday that it has named Peter Warner as SVP global sourcing, for the chain.

Secaucus, N.J. — The Children's Place Retail Stores, Inc. said Friday that it has named Peter Warner as SVP global sourcing, for the chain.

Warner will be responsible for the global sourcing and production functions, technical services and Asian operations. Most recently, he served as SVP of Global Sourcing & Operations for Liz Claiborne Inc.

September 8, 2011

TradeStone Software announced that Family Dollar Stores has gone live with TradeStone's Collaborative Sourcing and Supplier Community Management solutions.

Gloucester, Mass. -- TradeStone Software announced that Family Dollar Stores has gone live with TradeStone's Collaborative Sourcing and Supplier Community Management solutions. The implementation was done in only 100 days.

“In my years at Family Dollar, I don't know of an application that's been up as fast as we got TradeStone up and running," said Scott Zucker, VP IT solutions, Family Dollar Stores, Matthews, N.C.

December 16, 2010

Office Depot said Thursday it will sell its Japan business to Japanese distribution company Kakuyasu.

Boca Raton, Fla. -- Office Depot said Thursday it will sell its Japan business to Japanese distribution company Kakuyasu.

The transaction also includes an agreement for Kakuyasu to license Office Depot’s trade names, obtain sourcing services and continue to support Office Depot’s global customers in Japan. Kakuyasu is one of the fastest growing and leading multichannel businesses in Japan with fiscal-year 2009 sales of $775 million.

December 14, 2010

According to a survey released Monday by CareerBuilder and conducted by Harris Interactive, 80% of retail companies report that a bad hire has adversely affected their business in the last year, meaning that hiring the right employees will become a top priority in 2011.

Chicago -- According to a survey released Monday by CareerBuilder and conducted by Harris Interactive, 80% of retail companies report that a bad hire has adversely affected their business in the last year, meaning that hiring the right employees will become a top priority in 2011.

Nearly one-quarter (23%) of the 254 U.S. retail hiring managers surveyed said that one bad hire cost their business more than $50,000 in the last year. One-third (33%) said that one bad hire cost them more than $25,000.

September 30, 2010

When it comes time to hire a new store manager or assistant manager, many...

September 7, 2010

Earlier this year, the world’s largest retailer, Wal-Mart Stores, agreed to turn over purchasing operations for certain apparel lines and other goods to Li & Fung, the world’s largest sourcing agent.

By Peter Brown and Jeremy Rubman, Kurtsalmon.com, Jeremy.Rubman@kurtsalmon.com

August 2, 2010

Workforce solution-provider Headway Corporate Resources said Tuesday it has partnered with Casual Male Retail Group...

May 10, 2010

On-demand resume sourcing technology provider TalentDrive, along with Stowe, Mass.-based SmashFly Technologies, provider of the...

November 2, 2008

Charming Shoppes announced the appointment of Stephen Yeung, VP, as interim general manager of the...

September 30, 2008

Hickory Farms may know beef sticks and cheese, but to staff its network of...