Home Improvement Stores

Store planning and workforce management improvement

US: C&S names Bob Palmer CEO
C&S Wholesale Grocers Inc., the largest wholesale grocery supply company in the United States, has appointed Bob Palmer CEO, succeeding Michael A. Duffy in the role. “C&S has been a leader in the rapidly changing grocery industry for over 102 years”, said Rick Cohen, chairman of Keene, New Hampshire-based C&S. “We will continue to drive innovation and adapt to the dynamic market conditions to better serve and support our customers. These unique times have required us to refocus our efforts and priorities”.
Source: progressivegrocer.com 

US: Fresh food makes pandemic-stressed consumers happy
What made consumers happy during the pandemic? Fresh food – at least according to Deloitte. In its new “The Future of Fresh: Patterns from the Pandemic” report, Deloitte found that nine of 10 survey respondents said that fresh food literally makes them happy. The findings were based on interviews of 2,000 adults (age 18 to 70) in the United States who influenced fresh food purchases in their households. The interviews were conducted in July.
Source: progressivegrocer.com 

US: Smart & Final improves store planning, workforce management
Smart & Final has implemented Logile Inc.’s store-planning and workforce management technology solutions in all of its stores. According to Logile, these solutions enable retailers to understand true labor costs and impacts, improve labor use, and achieve unparalleled operational optimization and visibility. Logile’s software supports compliance with regulatory requirements, including predictive scheduling, which applies to several Smart & Final market areas.
Source: progressivegrocer.com 

US: Consumers cut down grocery trips but still overspend
Consumers are making fewer trips to the grocery story but are spending more, according to new LendingTree data that offers one of the most recent views of food retail trends during the pandemic. The Charlotte, North Carolina-based online lending marketplace found that U.S. consumers now spend

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September sees “big improvement” in retail sales growth | Business

The BRC has released figures covering the five weeks from 30th August-3rd October 2020, showing a sales increase of 5.6% on a total basis.

In September, UK retail sales increased 6.1% on a like-for-like basis from September 2019, when they had decreased 1.3% from the preceding year.

Over the three months to September, in-store sales of non-food items declined 12.3% on a total and 9.5% on a like-for-like basis. This is better than the six-month and 12-month total average declines of 29.6% and 18.8% respectively. Over the three-months to September, non-food retail sales increased by 5.2% on a like-for-like basis and 3.2% on a total basis.

Online non-food sales increased by 36.7% in September, against a growth of 3.5% in September 2019. This is below the three-month average of 39.7% but above the 12-month average of 26.3%.

“September saw a big improvement in retail sales growth, however sales over the last six months are still down on the previous year,” said Helen Dickinson OBE, chief executive, British Retail Consortium. “Tighter coronavirus restrictions have continued to hold back clothing and footwear, particularly as the Government further restricts social events. With office workers still at home for foreseeable future, the sales of electronics, household goods and home office products have remained high.

“September sales have also given retailers early signs that consumers are starting their Christmas shopping earlier this year, which retailers are encouraging their customers to do in order to manage demand at Christmas and keep people safe. However, store-based sales, excluding food are still in double-digit decline.

“The industry is beginning to recover, however, forced store or warehouse closures during any future lockdowns could put paid to this progress. Retailers have invested hundreds of millions in making their premises COVID-secure, with perspex screens, social distancing, additional staff and hygiene measures.

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Canning Boulevard improvement project heading toward the home stretch – News – The Herald News, Fall River, MA

FALL RIVER – Hang tight, all you drivers heading north on William S. Canning Boulevard en route to SouthCoast Marketplace.

It won’t be long before your final approach to the popular shopping center in the city’s far South End becomes easier and safer.

Preliminary work is now underway to construct a slip ramp, also known in the parlance of road construction as either a slip lane or slip road.

“It will alleviate congestion and improve access to SouthCoast Marketplace,” said Paul Ferland, who oversees Fall River’s sewer and water divisions in his role as the city’s community utilities administrator.

Ferland says the new ramp, or lane, will sit parallel to the shopping center’s main entrance-and-exit road and will run adjacent to the Santander Bank branch.

The new road will be functional before the arrival of Thanksgiving on Nov. 26, he said.

Ferland said northbound and southbound drivers exiting nearby Route 24 will appreciate the road addition, as will people driving in from Tiverton and down the Canning Boulevard/Route 81 hill from the Stafford Road rotary.

The new entrance road will eliminate the need for northbound traffic to swerve into the right-hand lane to enter the shopping center — which in turn should create a more orderly and safer two-lane path for drivers heading past SouthCoast Marketplace.

“I know a lot of people will be happy when this is done,” said John Perry, director of the city’s Department of Community Maintenance.

Ferland said the state’s Department of Transportation has approved plans and designs for two new, large traffic signal lights to be installed at the intersection in front of SouthCoast Marketplace.

He says synchronization of the lights will be fine-tuned to create a more orderly flow of traffic from various turn lanes.

Another road improvement soon to be undertaken will be

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Bay Area hardware stores battle through a crazy year

In San Francisco, the pandemic and subsequent economic downturn have hit many local businesses like a ton of bricks. But for a select few sectors, business has been booming, from the grocery stores that saw mobs of panic-buyers to the gardening centers overwhelmed by bored quarantiners starting victory gardens.

So, what about our neighborhood hardware stores, trustworthy bastions of power tools and cleaning supplies? Are they crazy-busy from the legions of people taking on home improvement projects, or struggling to survive? Four of our favorite local spots told us how they’re doing, from enduring multiple burglaries to seeing soaring sales on unexpected items.

Cliff’s Variety


While business has generally been OK in 2020 at Cliff’s Variety in the Castro, general manager Terry Asten Bennett said they’re forecasting a rough fourth quarter. A lot of the store’s sales come from gifts, souvenirs and seasonal items, and with Halloween effectively canceled and the December holidays up for debate, it could be a tough three months. Sales in September were trending 10% down, when they had only been 5% down over the summer months.

“It’s a balancing act,” Asten Bennett said. “I’m so grateful we got to be open this whole time but it still really hurts. Normally our fourth quarter carries us. We’ve forecasted a bad Halloween.”

While certain department’s sales are up — she said jigsaw puzzle sales have grown 300% — she said the lack of tourists buying gifts, souvenirs and novelty items is hurting their bottom line. She also said school supply sales have been down as kids stay home for distance learning. Most of all, Asten Bennett said she thinks some people are still just scared to go to stores and are choosing online shopping over a traditional retail experience. “We’re also getting really hurt by the Amazon

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Home Depot Inc (NYSE:HD) Shares Sold by Gofen & Glossberg LLC IL

Gofen & Glossberg LLC IL lessened its holdings in shares of Home Depot Inc (NYSE:HD) by 1.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 79,788 shares of the home improvement retailer’s stock after selling 793 shares during the period. Gofen & Glossberg LLC IL’s holdings in Home Depot were worth $22,158,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of HD. Skandinaviska Enskilda Banken AB publ lifted its position in Home Depot by 1.3% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 326,905 shares of the home improvement retailer’s stock worth $61,036,000 after acquiring an additional 4,303 shares during the period. ETF Managers Group LLC grew its position in Home Depot by 11.4% in the 1st quarter. ETF Managers Group LLC now owns 1,448 shares of the home improvement retailer’s stock valued at $284,000 after buying an additional 148 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new position in Home Depot in the 1st quarter valued at $111,444,000. Geode Capital Management LLC raised its position in Home Depot by 1.1% during the 1st quarter. Geode Capital Management LLC now owns 16,956,982 shares of the home improvement retailer’s stock worth $3,160,862,000 after buying an additional 191,403 shares during the last quarter. Finally, Intact Investment Management Inc. boosted its holdings in shares of Home Depot by 11.1% in the first quarter. Intact Investment Management Inc. now owns 52,900 shares of the home improvement retailer’s stock valued at $9,877,000 after acquiring an additional 5,300 shares in the last quarter. Hedge funds and other institutional investors own 69.00% of the company’s stock.

In related news, EVP William G. Lennie sold 13,199 shares of the stock in a transaction that occurred on Wednesday,

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