Gap Inc intends to increase the company’s annual dividend to $0.88 in fiscal year 2014

SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors intends to increase the company’s annual dividend to $0.88 in fiscal year 2014, a 10 percent increase from the company’s current annualized rate of $0.80. This represents more than a 75 percent increase in the company’s annual dividend […]

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Gap Inc announced Old Navy opens its first store in China

Building on success of Gap brand, Old Navy opens in Shanghai, continues growth in Japan SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced Old Navy’s opening of the brand’s first store in China, continuing its expansion outside the U.S. With the debut of Old Navy’s first company-operated store, opening March 1 […]

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SM Retail Inc. expanded into Southern Philippines with the opening of Savemore Market General Santos

Pasay City, Philippines, 2014-2-28 — /EPR Retail News/ — SM Retail Inc., the department and food stores operator of SM Investments Corporation, has further expanded into Southern Philippines with the opening of Savemore Market General Santos. Aside from Savemore, SM is present in the city through its mall, SM City General Santos which opened in 2012. […]

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A.S. Watson Group (ASW) recognised by the Hong Kong Council of Social Service with CSR Awards

Hong Kong, 2014-2-28 — /EPR Retail News/ — A.S. Watson Group (ASW) has always been demonstrating good corporate social responsibility and caring spirit to the community. This year, ASW is once again recognised by the Hong Kong Council of Social Service for our passion and commitment in exemplary corporate citizenship, with the newly established “10 Year Plus […]

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Argos, Homebase, M&S and Lloyds Banking Group to become more dementia friendly

Milton Keynes, UK, 2014-2-28 — /EPR Retail News/ — Our high streets are set to become more dementia friendly following a commitment from major British businesses today (Friday 28 February). Argos, Homebase, Marks and Spencer and Lloyds Banking Group, backed by Health Secretary Jeremy Hunt, have committed to create over 121,500 Dementia Friends in shops and banks […]

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Waitrose announced its first export deal in South Africa

Bracknell, UK, 2014-2-28 — /EPR Retail News/ — Waitrose has today announced its first export deal in South Africa. The deal means that the supermarket will be selling its products in every continent, with the exception of Antarctica, and exports to 50 countries across the globe. In one of its biggest deals to date, more than […]

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The first-ever Sainsbury’s Sport Relief Games to take place from Friday 21 to Sunday 23 March 2014

LONDON, 2014-2-28 — /EPR Retail News/ — Sport Relief is back and Sainsbury’s is going the extra mile to help customers and colleagues fundraise. The first-ever Sainsbury’s Sport Relief Games takes place in March and there is likely to be a run, cycle or swim event near you. Meanwhile, a range of new merchandise is now on […]

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Sainsbury’s stores teamed up with children’s authors to help schools celebrate World Book Day

LONDON, 2014-2-28 — /EPR Retail News/ — Several Sainsbury’s stores have teamed up with children’s authors to help schools celebrate World Book Day. As part of Sainsbury’s ‘Make Believe’ campaign, we have opened up a new chapter in our community work by inviting children’s authors such as Joanna Gray and many more into several stores. The event […]

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Paralympians and Para-athletes to visit 12 Sainsbury’s stores to help launch Sport Relief fundraising in-store

LONDON, 2014-2-28 — /EPR Retail News/ — Paralympians and Para-athletes will be visiting twelve Sainsbury’s stores this weekend to help launch Sport Relief fundraising in-store. Stars including Wheelchair Basketball star Natasha Davies and  Para-athletics star Rob Womack will be encouraging customers to sign up for the first ever Sainsbury’s Sport Relief Games, with over 1000 events taking […]

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Jon Rudoe to join Sainsbury’s Operating Board as Digital and Technology Director

LONDON, 2014-2-28 — /EPR Retail News/ — Sainsbury’s Jon Rudoe is to join the retailer’s Operating Board as Digital and Technology Director in a move that recognises the rapidly growing importance of online and digital sales channels to the business as well as Jon’s talent and significant achievements at the company. Sainsbury’s CEO Justin King said: “I’m delighted […]

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Good Housekeeping Easter Egg of the Year goes to Tesco for a second year in a row

Cheshunt, England, 2014-2-28 — /EPR Retail News/ — The finest* Medley of Belgian Chocolate Easter Eggs, £25 has cracked it by beating luxury rivals to take the title of Good Housekeeping Easter Egg of the Year.  This is the second year running that Tesco has won the coveted award. The judges were wowed by this egg – they […]

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Diet Coke FROST Cherry as a Slurpee® will be available exclusively at 7-Eleven locations nationwide Feb. 26, 2014

No. 2 Beverage in U.S. Has a New Product Now Available as Low-Calorie Frozen Carbonated Beverage; Nationwide Launch Coming in May ATLANTA, 2014-2-28 — /EPR Retail News/ — Warning! A nationwide “frosting” is about to hit the United States, and its cool taste will keep Diet Coke fans chattering well past the winter months. Diet Coke, the […]

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Dunkin’ Donuts signed with existing franchise group OKD Holdings for 13 new restaurants throughout Oklahoma City

CANTON, MA, 2014-2-28 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City, Okla. The first of the planned restaurants will open in 2015. Together, this team […]

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Carolina Hurricanes defenseman Andrej Sekera teams up with Harris Teeter to debut Sekera’s personally designed Signature Sub Sandwich

Raleigh, N.C., 2014-2-28 — /EPR Retail News/ — Sekera to Sign Autographs, Sample Signature Sub Sandwich, Introduce Fans to Must-Have Meal for Lunch Date:      Thursday, March 6, 2014 Time:      5:30 – 6:30 p.m. Where:   North Hills East Harris Teeter 120-100 St. Albans Dr. Raleigh, N.C. 27609 Interviews are available.  Live shots are welcomed! Thursday, March […]

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Michaels Stores, Inc. updates on possible fraudulent activity on some U.S. payment cards used at its stores

IRVING, TX, 2014-2-28 — /EPR Retail News/ — Michaels Stores, Inc. (the “Company” or “Michaels”) recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the Company may have experienced a data security attack. The Company is working closely with federal law enforcement and is conducting an investigation with the help […]

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H&M Studio presented its autumn 2014 catwalk show during Paris fashion week

Stockholm, Sweden, 2014-2-28 — /EPR Retail News/ — Last night (26 FEB 2014), H&M Studio, the new name for H&M’s seasonal collection of key pieces, presented its autumn 2014 catwalk show during Paris fashion week. Held at the Grand Palais in front of 600 guests, including Miranda Kerr, Jessica Alba and Solange Knowles, models such as […]

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Clinton Keay appointed Executive VP Finance Sobeys Inc.

Company veteran brings Finance and IT leadership to new role STELLARTON, NS, 2014-2-28 — /EPR Retail News/ — Sobeys Inc. today announced the appointment of Clinton Keay, CA, as Executive Vice President, Finance. Mr. Keay will be responsible for leading all areas of the company’s finance function including controllership, treasury, tax management, investor relations, financial planning, internal audit and risk management. […]

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Russia’s largest retailer Magnit opened its 48 th Magnit Family store in Tobolsk, Urals federal district

Krasnodar, Russia, 2014-2-28 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 48th “Magnit Family” store. Please be informed that on February 28, 2014 the Company has opened its 48th “Magnit Family” store located at 38, 6th neighborhood unit (“Eurasia” shopping center), Tobolsk, Tyumen region, Urals […]

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The Retail Industry Leaders Association’s statement at the close of the Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore

Arlington , VA, 2014-2-27 — /EPR Retail News/ — The Retail Industry Leaders Association issued the following statement at the close of the Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore. RILA’s vice president for international trade was in Singapore for the talks with the twelve countries, meeting with negotiators and other stakeholders. “Immediate duty-free market access for […]

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National Retail Federation’s CEO Matthew Shay comments on JPMorgan Chase & Co’s PIN and Chip credit cards announcement

WASHINGTON, DC, 2014-2-27 — /EPR Retail News/ — The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the announcement by JPMorgan Chase & Co. that the bank will issue its Europay MasterCard Visa credit cards as PIN and Chip cards. The bank has previously issued the cards only as […]

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Delhaize Group to divest its Bulgarian operations to AP Mart

BRUSSELS, Belgium, 2014-2-27 — /EPR Retail News/ — Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announces that it has signed today an agreement with AP Mart on the sale of its Bulgarian operations. Delhaize Group has signed an agreement with AP Mart, which is in process of registration, to divest its Bulgarian operations. The […]

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Indonesia: PT Matahari Putra Prima Tbk reported revenue up 16.2% and net earnings up 115% in 2013

MPPA FULL YEAR 2013 RESULTS: REVENUE UP 16.2% NET EARNINGS UP 115.0% Proforma Highlights: ·         Full year gross sales of Rp12,564 billion, 16.2% over 2012 ·         Full year same store sales growth (SSSG) of 4.5% ·         Matahari Food Business (MFB) opened a record 39 new stores in 2013, and now operates a total of 222 […]

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National Nutrition Month: ShopRite of Uniondale to host book signing by certified diabetes educator Susan Weiner

Author Susan Weiner, RDN launches new release, The Complete Diabetes Organizer Uniondale, NY, 2014-2-27 — /EPR Retail News/ — In lieu of March, National Nutrition Month, the ShopRite of Uniondale is hosting a book signing by certified diabetes educator Susan Weiner, Registered Dietitian Nutritionist on Saturday, March 1 from 11a.m.-3 p.m..  The Complete Diabetes Organizer, written by Ms. […]

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Harris Teeter to help raise funds for Muscular Dystrophy Association (MDA)

Help MDA this March in the Fight Against Neuromuscular Disease Matthews, N.C., 2014-2-27 — /EPR Retail News/ — Harris Teeter is pleased to announce a partnership with the Muscular Dystrophy Association (MDA) to help the non-profit health agency raise funding to continue its mission of finding treatments and cures for neuromuscular diseases. March 1 – March 31, […]

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Harris Teeter rewarded its Week 4 Winners of $100,000 Giveaway

Six Weeks, $60,000 in Prizes Remain Matthews, N.C., 2014-2-27 — /EPR Retail News/ — Last Saturday, Feb. 22, 2014, as part of Harris Teeter’s Together in Education (TIE) $100,000 Giveaway, Harris Teeter’s TIE Prize Patrol visited homes in Winston Salem, N.C. to reward our Week 4 winners. Shannon Reed won $2,950 for herself and $2,950 for Paisley […]

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Target Corporation reported Q4 and full-year net earnings $520 million and $1,971 million respectively

Fourth quarter Adjusted EPS of $1.30; full-year Adjusted EPS of $4.38. Fourth quarter GAAP EPS of $0.81; full-year GAAP EPS of $3.07 Target’s U.S. operations generated fourth quarter Adjusted earnings per share of $1.30, at the high end of the updated guidance provided in January. Canadian Segment dilution of (40) cents in the fourth quarter […]

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BESTSELLER’s employees donate to three humanitarian projects in India, China and Africa

BESTSELLER EMPLOYEES HELPED MAKE A DIFFERENCE BY DONATING A PART OF THEIR NEW YEAR’S GIFT TO THREE HUMANITARIAN PROJECTS IN INDIA, CHINA AND AFRICA. FOLLOWING THE EMPLOYEE DONATIONS, BESTSELLER AND BESTSELLER FUND TOPPED UP THE DONATION TO THE FULL AMOUNT OF DKK 3.5 MILLION. Brande, Denmark, 2014-2-25 — /EPR Retail News/ — The money is distributed to […]

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BESTSELLER FUND donates to help Syrian refugees in Lebanon

BESTSELLER FUND HAS SIGNED A CHEQUE OF DKK 2 MILLION TO HELP DANISH REFUGEE COUNCIL DELIVER EMERGENCY AID TO THOUSANDS OF SYRIAN REFUGEES LIVING IN LEBANON.  Brande, Denmark, 2014-2-25 — /EPR Retail News/ — Emergency relief to Syrian refugees in Lebanon BESTSELLER FUND’s donation will be earmarked to deliver emergency aid to thousands of Syrian refugees in […]

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FTC clears Bi-Lo Holdings acquisition of all stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize Group

JACKSONVILLE, Fla., 2014-2-25 — /EPR Retail News/ — Bi-Lo Holdings, LLC  and Delhaize Group (Euronext Brussels: DELB – NYSE: DEG) today announced they have received approval from the Federal Trade Commission (FTC) to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from […]

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Old Navy donated over $1M worth of new clothes to survivors of Typhoon Haiyan in Philippines

Donates more than $1 million worth of new clothes to survivors SAN FRANCISCO, 2014-2-25 — /EPR Retail News/ — Old Navy announced today the donation of more than 100,000 articles of new clothing to the survivors of Typhoon Haiyan that hit the central and southern islands of the Philippines in November 2013. “At Old Navy, we want […]

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