LuLu Group joins charity drive to distribute Ramadan Charity Cards to families in need throughout the UAE

LuLu Group joins charity drive to distribute Ramadan Charity Cards to families in need throughout the UAE   Abu Dhabi, UAE, 2017-May-27 — /EPR Retail News/ — LuLu Group joins Ramadan charity drive with Mohammed Bin Rashid Al Maktoum Charity & Humanitarian Foundation Launches Ramadan Charity Cards Worth Dh. 4 million this year DUBAI: Retail major […]

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Walmart expands its military leave of absence policy offering differential pay to eligible military associates

Company announces more than 170,000 veteran hires since 2013 and grants $100,000 to Tragedy Assistance Program for Survivors (TAPS) Bentonville, Ark., 2017-May-27 — /EPR Retail News/ — Today (May 23, 2017), Walmart announced expansions to its military leave of absence policy, offering differential pay to all eligible military associates taking on assignments lasting more than […]

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EROSKI ha entregado 30.000€ a Càritas Mallorca, obtenidos con la campaña “Compromís per la dignitat”

EROSKI ha entregado 30.000€ a Càritas Mallorca, obtenidos con la campaña “Compromís per la dignitat”   Esta mañana en Eroski Center de Aragón 206 (Palma) ha tenido lugar el acto de entrega de los donativos recaudados en los supermercados Eroski de Mallorca a través de la campaña solidaria a beneficio de Càritas Mallorca, que ha […]

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Lowe’s reports net earnings of $602 million and diluted earnings per share of $0.70 for 1Q 2017

MOORESVILLE, N.C., 2017-May-27 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (May 24, 2017) reported net earnings of $602 million and diluted earnings per share of $0.70 for the quarter ended May 5, 2017, compared to net earnings of $884 million and diluted earnings per share of $0.98 in the first quarter […]

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IKEA to host ‘Feeding the Future’ in-store program from June 1 – 30 to support local Feeding America member food banks

Conshohocken, PA, 2017-May-27 — /EPR Retail News/ — IKEA announced today (05/25/2017) that it is collaborating with Feeding America®, the nation’s largest domestic hunger-relief organization, to sponsor an in-store program, ‘Feeding the Future,’ which runs June 1 – 30, to support local Feeding America member food banks. Through the ‘Feeding the Future’ program, IKEA U.S. will […]

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UK’s GDP in 1Q: second estimate shows slower growth, from 0.3% to 0.2% on the previous quarter

London, 2017-May-27 — /EPR Retail News/ — The second estimate of the UK’s GDP in quarter one has revealed that growth so far this year has been slower than the first thought, dropping from 0.3% to 0.2% on the previous quarter. The data, released earlier today (May 25, 2017) by the Office for National Statistics, […]

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Dollar Tree announces its participation in the RBC Capital Markets Consumer and Retail Conference

CHESAPEAKE, Va., 2017-May-26 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores, today (May 25, 2017 )announced its participation in the RBC Capital Markets Consumer and Retail Conference on May 31, 2017. Kevin Wampler, Chief Financial Officer, and Randy Guiler, Vice President – Investor Relations, will […]

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PetSmart Charities supports Boston Children’s Hospital’s animal assisted therapy program with $360,000 grant

Grant Will Help Double the Number of Therapy Dogs Supporting Pediatric Patients, Family and Staff From 17 To 34 Dogs, and Serve an Additional Three Satellite Locations by 2019 PHOENIX and BOSTON, 2017-May-26 — /EPR Retail News/ — Boston Children’s Hospital and PetSmart Charities today (May 25, 2017) announced that the Hospital received a $360,000 grant […]

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Greggs thanks customers and colleagues for making North East Children’s Cancer run a success

Newcastle upon Tyne, United Kingdom, 2017-May-26 — /EPR Retail News/ — Greggs were incredibly proud to once again support the North East Children’s Cancer run, where this year over 8,000 runners completed either the 5 mile run or the children’s mini 1 mile run. This year the event celebrated its 35th year, and throughout this time […]

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M&S Energy launches £300,000 Community Energy Fund to support energy projects and technologies across the UK

LONDON, 2017-May-26 — /EPR Retail News/ — For the third year, M&S Energy is today (22 May 2017) launching the M&S Energy Community Energy Fund, with up to £300,000 available to support community energy projects and technologies across the UK. Any not for profit organisation that wants to use renewable energy to provide community benefits […]

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$350,000 funding for the inaugural class of LS&Co. Collaboratory fellowship program to accelerate innovation in sustainable apparel

Funding part of global fellowship program to accelerate innovation in sustainable apparel SAN FRANCISCO, 2017-May-25 — /EPR Retail News/ — Levi Strauss & Co. (LS&Co.) today (May 24, 2017)  announced it is granting more than $350,000 to the inaugural class of LS&Co. Collaboratory fellows who are working to create a more sustainable apparel industry. The funding […]

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Dixons Carphone’s Seb James on 4Q 2016/17: continued to grow our business and maintained very high levels of customer satisfaction

London, 2017-May-25 — /EPR Retail News/ — Another year of growth for Dixons Carphone Trading update for the 16 weeks ended 29 April 2017 Group reported revenues up 9% for the full year (up 6% in Q4) like-for-like revenues up 4% for the full year (up 2% in Q4) growth across all regions Group gross […]

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The Container Store Group Q4 FY 2016: strong fourth quarter performance that exceeded our expectations

Fourth Quarter Earnings Per Share More Than Doubles to $0.17; SG&A Savings and Efficiency Program Continues to Drive Financial Results Improvement in Comparable Store Sales to -0.2% Expects Fiscal 2017 Earnings Per Share of $0.25 to $0.35 COPPELL, Texas, 2017-May-25 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) (the “Company”), today (05/23/2017) announced […]

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Food Marketing Institute (FMI): no room for border adjustments in tax reform

ARLINGTON, VA, 2017-May-25 — /EPR Retail News/ — Food Marketing Institute (FMI) submitted a statement for the record to the U.S. House of Representatives Committee on Ways and Means hearing on Increasing U.S. Competitiveness and Preventing American Jobs from Moving Overseas: How Border Adjustment and Other Policies Will Boost Jobs, Investment, and Growth in the […]

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FMI CEO Sarasin on President Trump’s budget proposal to reduce expenditures on the Supplemental Nutrition Assistance Program

ARLINGTON, VA, 2017-May-25 — /EPR Retail News/ — Food Marketing Institute (FMI) President and CEO Leslie G. Sarasin issued the following statement regarding the summary of President Trump’s budget proposal that estimates $2 billion in revenue to reduce expenditures on the Supplemental Nutrition Assistance Program (SNAP) would be generated for the first time, by imposing fees […]

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DAVIDsTEA to release 1Q FY 2017 financial results on Wednesday, June 7, 2017

MONTREAL, 2017-May-25 — /EPR Retail News/ — DAVIDsTEA Inc. (Nasdaq:DTEA) today (May 24, 2017) announced that its financial results for the first quarter fiscal 2017 will be released after market close on Wednesday, June 7, 2017.  The Company will host a conference call at 4:30 p.m. Eastern Time that day to discuss the financial results. The […]

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Tiffany 1Q 2017 results: Net earnings of $93 million compared with $87 million a year ago

NEW YORK, 2017-May-25 — /EPR Retail News/ — Tiffany & Co. (NYSE:TIF) today (May 24, 2017) reported its financial results for the three months (“first quarter”) ended April 30, 2017. An increase in net earnings per diluted share primarily reflected a higher operating margin. Management is maintaining its earnings guidance for the year. In the first […]

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Leading Swiss bank PostFinance AG to install 820 Diebold Nixdorf ATMs and cash recycling systems

NORTH CANTON, Ohio and PADERBORN, Germany, 2017-May-25 — /EPR Retail News/ — PostFinance AG, a leading Swiss bank, is upgrading its self-service network with new technology, monitoring software and services from Diebold Nixdorf (NYSE: DBD). The new systems will be equipped with barcode and near field communication (NFC) readers that will enable contactless transactions using […]

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International Trade Commission issued final ruling in favor of Diebold Nixdorf in its patent infringement case against Nautilus Hyosung

International Trade Commission prohibits import of Hyosung ATMs with infringing technology NORTH CANTON, Ohio, 2017-May-25 — /EPR Retail News/ — Diebold Nixdorf, Incorporated (NYSE: DBD) today (May 23, 2017) announced that the International Trade Commission (ITC) has issued a final ruling in favor of Diebold Nixdorf in its patent infringement case against Korea-based Nautilus Hyosung. […]

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SpartanNash 2017 annual shareholder meeting highlights

Byron Center, MI, 2017-May-25 — /EPR Retail News/ — SpartanNash Company (the “Company”) (Nasdaq: SPTN) today (May 24th, 2017) announced that shareholders approved all proposals and re-elected all director nominees at its 2017 annual shareholder meeting, held yesterday in Grand Rapids, Michigan. Shareholders re-elected 11 directors to the Board of Directors for one-year terms expiring […]

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Smart & Final Stores announces participation in upcoming conferences

COMMERCE, Calif., 2017-May-25 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (May 24, 2017) announced that Richard Phegley, Senior Vice President and Chief Financial Officer, will participate in the following upcoming conferences: The RBC Capital Markets 2017 Consumer and Retail Conference taking place […]

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Sears Holdings announces agreement to annuitize $515 million of its pension obligations

Partial Repayment and Extension of Loan Facility Agreement to Annuitize $515 Million of Pension Liability HOFFMAN ESTATES, Ill., 2017-May-25 — /EPR Retail News/ — Sears Holdings Corporation (“Holdings,” “we,” “us,” “our,” or the “Company”) (NASDAQ: SHLD) today (May 23, 2017) announced agreements to extend a portion of its $500 million 2016 Secured Loan Facility and […]

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Sears Holdings to release its 1Q FY2017 financial results on Thursday, May 25, 2017

HOFFMAN ESTATES, Ill., 2017-May-25 — /EPR Retail News/ — Sears Holdings (NASDAQ: SHLD) announced today (May 23, 2017) that it expects to release its financial results for the Company’s fiscal 2017 first quarter before the market opens on Thursday, May 25, 2017, and simultaneously post a pre-recorded conference call and audio webcast on its corporate website. […]

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H&M Foundation makes new commitment to improving education, clean water and women’s economic empowerment

Stockholm, SWEDEN, 2017-May-24 — /EPR Retail News/ — With a donation of $20.5 million and three new Global Programs the non-profit H&M Foundation makes a new strong commitment to long-lasting improvements in education, clean water and women’s economic empowerment. The goal is not only to transform lives for some of the world’s poorest, but also […]

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The Michaels Companies, Inc. to host 1Q 2017 results conference call on Tuesday, June 6, 2017

IRVING, Texas, 2017-May-24 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today (2017-05-22) announced that the Company plans to report first quarter results on Tuesday, June 6, 2017, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT onTuesday, June 6, […]

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NRF’s David French: The border tax proposal would cause the tax burden on retailers to skyrocket

WASHINGTON, 2017-May-24 — /EPR Retail News/ — Retailers would “have no choice” but to pass the higher costs on to consumers if Congress passes a proposed $1 trillion border adjustment tax as part of tax reform, the National Retail Federation said today (May 23, 2017). “The border tax proposal would cause the tax burden on […]

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RILA’s Brian Dodge: The new border adjustable tax is a dangerous and untested proposal built upon deeply flawed economics

Dollar Will Not Adjust As Backers Claim, Even In Long-Term, Hurting Consumers And Importers Arlington , VA, 2017-May-24 — /EPR Retail News/ — An economic report released today (5/22/2017) from the international macroeconomics firm Capital Economics finds the economic theory behind the border adjustment tax to be a “gross simplification” of today’s currency markets. The report […]

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RILA’s Jennifer Safavian: The border adjustment tax would jeopardize 42 million jobs retailers currently support

A Border Adjustable Tax Will Be ‘Uniformly Devastating’ To Retailers And Consumers Arlington , VA, 2017-May-24 — /EPR Retail News/ — ​Today (5/23/2017), Retail Industry Leaders Association Executive Vice President for Government Affairs Jennifer Safavian issued the following statement as the House Ways and Means Committee began its hearing examining the economic and consumer impact […]

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DDR prices $450 million of senior unsecured notes in an underwritten public offering

BEACHWOOD, Ohio, 2017-May-24 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (May 23, 2017) announced the pricing of $450 million of senior unsecured notes in an underwritten public offering.  The offering consists of $450 million of 4.700% notes due 2027.  The notes are being offered to investors at a price of 99.817% with a […]

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AHOLD SHARE BUYBACK UPDATE: AHOLD REPURCHASED 608,516 AHOLD COMMON SHARES IN THE PERIOD FROM MAY 15, 2017 UP TO AND INCLUDING MAY 19, 2017

Zaandam, the Netherlands, 2017-May-24 — /EPR Retail News/ — Ahold Delhaize has repurchased 608,516 of Ahold Delhaize common shares in the period from May 15, 2017 up to and including May 19, 2017. The shares were repurchased at an average price of €19.98 per share for a total consideration of €12.2 million. These repurchases were […]

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