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Monthly Archives: April 2014

SM Prime Holdings, Inc. secured B+ Global Reporting Initiative application level rating in its sustainability reporting

Pasay City, Philippines, 2014-4-16 — /EPR Retail News/ —  SM Prime Holdings, Inc. (SM Prime) has secured a B+ Global Reporting Initiative (GRI) application level rating in its sustainability reporting, a recognition of its commitment to an integrated sustainable development by addressing economic, environmental, social and governance challenges of its stakeholders. From a C+ rating last year,…

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ICSC and Goldman Sachs Weekly Chain Store Sales Index: retailers’ 1st week of April sales down by 0.3% but improved to 2.3% on YoY basis

NEW YORK, 2014-4-15 — /EPR Retail News/ —  Warmer weather brought mixed results as some retail segments finally warmed up as others seemingly cooled down this past week. For the first fiscal week of April, retailers saw weekly sales decline slightly by 0.3%, according to the International Council of Shopping Centers (ICSC) and Goldman…

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QVC and Cosmetic Executive Women support Cancer and Careers through ‘Beauty with Benefits’ scheduled to air on April 17 at 8 PM (ET)

QVC and Cosmetic Executive Women Support Cancer and Careers Through Charitable Beauty Initiative WEST CHESTER, Pa., 2014-4-15 — /EPR Retail News/ — Two influential forces in the beauty industry are coming together once again to prove that a little makeup can make a big difference. “QVC and CEW Present Beauty with Benefits” is scheduled to air on…

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2014 LPGA winners to attend ShopRite LPGA Classic Presented by Acer on May 26th through June 1st

Creamer, Thompson and Defending Champion Webb Expected to Visit the Shore This Year Galloway, NJ, 2014-4-15 — /EPR Retail News/ — The winners of each of the first seven events on the 2014 LPGA schedule are expected to be in attendance when the ShopRite LPGA Classic Presented by Acer tees off May 30-June 1 at Stockton Seaview…

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Kesko reported €794.3 million sales in March 2014, up 0.5%

Helsinki, Finland, 2014-4-15 — /EPR Retail News/ — Kesko Group's sales, excluding VAT, in March 2014 totalled €794.3 million, up 0.5%. In Kesko's food trade, sales in March were €358.6 million, a decrease of 6.6% compared to the previous year. The fact that Easter fell in March last year affected sales performance. In the home and speciality goods trade,…

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John Lewis announces panel of external mentors to advise and judge entrants to JLAB, the retailer’s first ever technology incubator

LONDON, 2014-4-15 — /EPR Retail News/ — John Lewis today announces the panel of external mentors who will advise and judge entrants to JLAB, the retailer's first ever technology incubator. The team of external mentors headed up by technology entrepreneur Stuart Marks* are a highly successful and experienced mix of technology entrepreneurs and investors, including Luke…

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Sainsbury’s research reveals kids’ perfect Easter starts with family at home

New survey by Sainsbury’s reveals kids’ perfect Easter starts with family at home More than half of parents feel they need to opt for potentially expensive days out over family fun at home Quality time with family ranks above going away on holiday and hanging out with friends for kids LONDON, 2014-4-15 — /EPR Retail…

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Tesco owned brand for affordable fashion F&F announces its first franchise stores in the USA

Cheshunt, England, 2014-4-15 — /EPR Retail News/ — F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion. F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the east coast of America this year in…

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Meijer expects strong sales for Easter basket goodies including candy, toys, and flowers

GRAND RAPIDS, Mich., 2014-4-15 — /EPR Retail News/ —  As the annual kick-off to Spring approaches and even though consumers are watching their spending, Meijer is still expecting strong sales for Easter basket goodies including candy, toys, and flowers. Customers are finding fun ways to personalize Easter décor and treats for their families. Garden:  As warmer weather…

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ShopRite to open seven-day-a-week pharmacy inside Doylestown Hospital this spring

Doylestown, PA, 2014-4-15 — /EPR Retail News/ — ShopRite will open a seven-day-a-week pharmacy inside Doylestown Hospital this spring, offering patients the same level of care and convenience that customers have come to expect at its traditional retail stores. The pharmacy, perched just off the hospital’s north lobby, will mark ShopRite’s first location inside a medical facility.…

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H&M Conscious Foundation donates to victims and families affected by the tragic Rana Plaza collapse almost one year ago

Stockholm, Sweden, 2014-4-14 — /EPR Retail News/ — Today (13 APR 2014 ) the H&M Conscious Foundation has decided to make a donation to the victims and the families affected by the tragic Rana Plaza collapse almost one year ago. H&M has never had any production in any of the factories situated in Rana Plaza, so the Foundation…

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H&M next designer collaboration will be with New York based Fashion Designer Alexander Wang

Palm Springs, California, 2014-4-14 — /EPR Retail News/ — H&M announced yesterday during an event at the Coachella Music Festival, in Palm Springs, California, USA, that their next designer collaboration will be with Alexander Wang. This partnership marks the first time that an American designer teams up with H&M on the much anticipated designer collaboration. The New York…

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Sobeys research drives company’s commitment to get Canadians cooking for Food Revolution Day

STELLARTON, NS, 2014-4-14 — /EPR Retail News/ — Research released today by Sobeys Inc. has revealed a generation gap when it comes to food knowledge and confidence in cooking skills. Only 31 per cent of 18 to 29 year olds feel confident in the kitchen versus 48 per cent of those 50 and older. The national…

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Ahold repurchased 380,435 Ahold common shares for € 5.40 million between April 7 and April 11, 2014

Zaandam, the Netherlands, 2014-4-14 — /EPR Retail News/ — Ahold has repurchased 380,435 Ahold common shares in the period from April 7, 2014 up to and including April 11, 2014. The shares were repurchased at an average price of € 14.1909 per share for a total consideration of € 5.40 million. These repurchases were made as part…

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National Retail Federation: Warmer spring weather spurred continued consumer spending and activity this March

Continued Optimism Expected with the Arrival of Easter & Tax Refunds WASHINGTON, 2014-4-14 — /EPR Retail News/ — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world's largest retail trade association – March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month…

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National Retail Federation to launch information-sharing platform for retail industry information security specialists

First Step in Establishment of Retail and Merchant Industry Information Sharing and Analysis Center for Cybersecurity WASHINGTON, 2014-4-14 — /EPR Retail News/ — The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the…

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Gap Inc. to host meeting for the investment community on April 16, 2014 at its headquarters in San Francisco

SAN FRANCISCO, 2014-4-14 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that it will host a meeting for the investment community on Wednesday, April 16, 2014 at its headquarters in San Francisco. A live webcast of the presentations will take place from approximately 10:00 a.m. to 2:30 p.m. Pacific Time. The following Gap Inc. executives…

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SM Investments Corporation won “2013 Global Chinese Business 1000” award by international affairs magazine Yazhou Zhoukan

Pasay City, Philippines, 2014-4-14 — /EPR Retail News/ — SM Investments Corporation (SM) was cited as a winner of the "2013 Global Chinese Business 1000" by international affairs magazine Yazhou Zhoukan. The Global Chinese Business 1000 Awards assess all listed Chinese corporations around the globe based on their market value and award pioneers with outstanding business operations. Founded in 1987, Yazhou…

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Vornado Realty Trust plans to spin off its shopping center business into new publicly traded REIT

NEW YORK, 2014-4-14 — /EPR Retail News/ — Vornado Realty Trust plans to spin off its shopping center business consisting of 81 strip centers and four malls into a new publicly traded REIT. The strip centers are primarily located in the densely populated Northeastern U.S. The malls consist of Bergen Town Center, in Paramus, N.J.; Monmouth Mall,…

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Sainsbury’s introduces Gok Wan’s California chic collection from Tu

LONDON, 2014-4-11 — /EPR Retail News/ — Introducing Gok Wan’s California chic collection from Tu at Sainsbury’s. This summery collection has everything you need to ensure you look and feel fabulous this season. As the days grow longer and the weather gets warmer, make your wardrobe work for you with wearable but effortlessly glamorous pieces from…

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Sainsbury’s first supermarket to let customers recycle their Easter egg packaging

LONDON, 2014-4-11 — /EPR Retail News/ — Sainsbury’s has launched a brand new scheme to let customers recycle their Easter egg packaging in stores, the first supermarket to do so. The specially designed Easter recycling facility allows customers to recycleall elements of Easter egg packaging – includingplastic, film, card, foil and ribbon. The scheme makes it even…

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Chiappetti brand lamb, veal and grass fed beef now available at Price Chopper Supermarkets

Two Multi-Generational, Family-Managed Businesses Join Forces Schenectady, NY, 2014-4-11 — /EPR Retail News/ — Price Chopper Supermarkets today announced a new trade partnership with the family owned and operated Strauss Brands, a company of specialty meat experts that is now exclusively supplying the progressive chain of 132 stores in six Northeastern states with their exclusive Chiappetti Meat…

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Kimco Realty acquired remaining 60.9 percent interest in the 12-property Kimco Income Fund I portfolio

Acquisition of 12 properties furthers company’s simplification and transformation goals NEW HYDE PARK, N.Y., 2014-4-11 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today announced that it has acquired the remaining 60.9-percent interest in the 12-property Kimco Income Fund I portfolio…

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Gap Inc. reported net sales of $1.51 billion for the five-week period ended April 5, 2014

Company Reaffirms Full-Year Earnings per Share Guidance of $2.90 to $2.95 for Fiscal 2014 SAN FRANCISCO, 2014-4-11 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported net sales of $1.51 billion for the five-week period ended April 5, 2014. Gap Inc.’s comparable sales for March 2014 were down 6 percent versus a 1 percent decrease last…

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New Zealand’s largest retailer Foodstuffs to offer Visa payWave contactless payments

Waiheke, New Zealand, 2014-4-11 — /EPR Retail News/ — New Zealand’s largest retailer, Foodstuffs, intends to make Visa payWave payments available to its members, who collectively operate 3,500 terminals in 700 stores including PAK’nSAVE, New World and Four Square stores. Visa and Foodstuffs have collaborated to offer customers of the cooperative, the option to pay for their shopping…

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SM Investments Corporation highlights opportunities in Philippine real estate following its recent merger of property assets under SM Prime Holdings, Inc.

Pasay City, Philippines, 2014-4-11 — /EPR Retail News/ — SM Investments Corporation (SM) (SM) highlighted the opportunities in real estate in the Philippines following its recent merger of property assets under mall developer now property conglomerate SM Prime Holdings, Inc. (SM Prime). In a recent forum by the Fund Managers Association of the Philippines held at the SMX Convention Center in Taguig, SM officials…

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Family Dollar Stores, Inc reported $2.7 billion net sales for the second quarter of fiscal 2014 ended March 1, 2014

Comparable Store Sales Decreased 3.8% Earnings Per Diluted Share of $0.80, Including At Least a $0.05 Negative Impact from Winter Weather  Company Conducts In-Depth Business Review and Implements Actions to Improve Financial Performance Including: Investment to Lower Prices, Reduction of Cost Structure, Closing of Approximately 370 Stores and Slowing of New Store Growth  MATTHEWS,…

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HARRIS TEETER ANNOUNCED WEEK 10 WINNERS OF ITS TOGETHER IN EDUCATION $100,000 GIVEAWAY

Company Donates $50,000 to Schools, $50,000 to Customers in 10 Weeks Matthews, N.C., 2014-4-11 — /EPR Retail News/ — Saturday, April 5, 2014, Harris Teeter’s Together in Education (TIE) Prize Team visited winners’ homes in Raleigh, N.C. to give away another $10,000 as part of Harris Teeter’s TIE $100,000 Giveaway.  The company has donated $100,000 since the Prize…

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Olympic long jump champion Greg Rutherford and Paralympic 100m silver medallist Libby Clegg to compete at Sainsbury’s Glasgow Grand Prix on 11-12th July

LONDON, 2014-4-10 — /EPR Retail News/ — Olympic long jump champion Greg Rutherford and Paralympic 100m silver medallist Libby Clegg have confirmed that they will compete at the Sainsbury’s Glasgow Grand Prix on 11-12th July. Joining fellow Olympian Mo Farah, the announcement coincides with tickets going on sale for the 2014 Sainsbury’s Summer Series. Rutherford, who famously leapt…

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Organic groceries provider Wild Oats to relaunch at Walmart with more affordable price

Nation’s Largest Grocer Works with Organics Pioneer to Relaunch Brand and Save Customers 25 Percent or More on Organic Groceries BENTONVILLE, Ark., 2014-4-10 — /EPR Retail News/ — Walmart, the nation’s largest grocer, announced today it will carry Wild Oats organic food items. Originally introduced in 1987, Wild Oats will relaunch at Walmart starting this month with a new, more…

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