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Financial

MPPA increases stake in MatahariMall.com to 10%

Lippo Village, Tangerang , 2016-Jul-02 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, Smartclub, Foodmart, Boston and FMX, today announced that its Board of Directors has authorized an additional share purchase option of MatahariMall.com for Rp12,065 per share in all cash transaction valued at…

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RioCan Real Estate Investment Trust to release its financial results for the three and six months ended June 30, 2016 on Friday, July 29, 2016

TORONTO, ONTARIO, 2016-Jul-02 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three and six months ended June 30, 2016 prior to the market open on Friday, July 29, 2016. Interested parties are invited to participate in a conference call with…

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Macerich to release Second Quarter 2016 Earnings on Monday, August 1, 2016

SANTA MONICA, Calif. 2016-Jul-02 — /EPR Retail News/ — WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2016 Earnings Release WHEN: Earnings Results will be released before market open on Monday, August 1, 2016.  Management will hold a conference call at 11:00 am Pacific Time (2:00 pm Eastern Time) on Monday, August 1, 2016 to discuss quarterly results. WHERE:…

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Federated Co-operatives Limited donates 400 cans of paint to restore buildings that were damaged or are being rebuilt in Fort McMurray

Alberta, Canada, 2016-Jul-02 — /EPR Retail News/ — The effort to help Fort McMurray residents rebuild their homes and community received a colourful boost from Co-op today. Federated Co-operatives Limited (FCL) donated 400 cans of paint to restore buildings that were damaged or are being rebuilt. “Co-op is fundamentally committed to serving and caring for western Canadian…

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NACS releases the NACS State of the Industry Report of 2015 Data

ALEXANDRIA, VA, 2016-Jun-29 — /EPR Retail News/ — NACS has released the NACS State of the Industry Report of 2015 Data, the convenience and fuel retailing industry’s premier benchmarking tool and most comprehensive collection of data and trends. Published since 1972, the NACS State of the Industry Report provides valuable information to help industry stakeholders maximize their…

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Southeastern Grocers announces donation of all profits generated at its grocery stores on July 4 to Hope For The Warriors

JACKSONVILLE, Fla. 2016-Jun-29 — /EPR Retail News/ — Today, Southeastern Grocers, parent company of BI-LO, Harveys and Winn-Dixie, announced that for the second consecutive year, all profits generated at its grocery stores on Monday, July 4, will be donated in support of veterans and service members. This year, Southeastern Grocers has partnered with Hope For The Warriors.…

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Whole Foods Market’s 2016 Prosperity Campaign for Whole Planet Foundation raised $3.26 million

AUSTIN, Texas, 2016-Jun-29 — /EPR Retail News/ — Whole Foods Market customers, team members, supplier sponsors and online donors raised a combined $3.26 million to alleviate global poverty during the company’s 2016 Prosperity Campaign for Whole Planet Foundation this spring. Every dollar raised will go to support the foundation’s work to fund micro credit for poverty relief…

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SM Investments Corporation won awards from Hong Kong-based magazine Corporate Governance Asia

Pasay City, Philippines, 2016-Jun-29 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries won awards from Hong Kong-based publication Corporate Governance Asia during the 6th Asian Excellence Recognition Awards 2016 organized by the magazine. SM and its subsidiaries SM Prime Holdings, Inc. (SM Prime), BDO Unibank, Inc. and China Banking Corporation (China Bank) were chosen as awardees…

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Ingles Markets, Incorporated declares cash dividend on both Class A and Class B Common Stock

ASHEVILLE, N.C., 2016-Jun-29 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an…

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CBRE announces the appointment of Chandra Dhandapani as its Chief Digital & Technology Officer

Longtime Capital One Financial Corporation Executive to Lead CBRE’s Technology and Digital Enablement Los Angeles, 2016-Jun-29 — /EPR Retail News/ — CBRE Group, Inc. today announced that Chandra Dhandapani has been named the company’s Chief Digital & Technology Officer.  Ms. Dhandapani, a longtime technology executive at Capital One Financial Corporation, will join CBRE in mid-July, and…

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Co-op Community Spaces commits $1.5 million to protect, beautify and enhance spaces in communities across Western Canada

Nipawin, Canada, 2016-Jun-28 — /EPR Retail News/ — A $1.5 million commitment from Co-op will protect, beautify and enhance spaces in communities across Western Canada. The funding is provided by Co-op Community Spaces, a program supporting community-based recreation, conservation and urban agriculture projects. This year’s 21 recipients span all four western Canadian provinces and include local organizations…

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Rite Aid Foundation to help victims affected by West Virginia flooding with $50,000 donation to the American Red Cross

CAMP HILL, Pa., 2016-Jun-28 — /EPR Retail News/ — The Rite Aid Foundation announced today a $50,000 donation to the American Red Cross West Virginia Region to help the victims, families and communities affected by this week's historic flooding. "One of Rite Aid's core values is to be a caring neighbor in the communities we serve and…

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Melco Crown Entertainment Limited and DFS Group unveil the exciting expansion of City of Dreams’ retail area

ANOTHER FIRST FOR CITY OF DREAMS SET TO TRANSFORM THE REGION’S RETAIL LANDSCAPE MACAU, 2016-Jun-28 — /EPR Retail News/ — Melco Crown Entertainment Limited (Nasdaq: MPEL) (“Melco Crown Entertainment” or the “Company”), developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, and DFS Group, the world’s leading luxury travel retailer, proudly unveiled…

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The third annual Meijer LPGA Classic for Simply Give a complete success: $850,000 donation to the retailer’s Simply Give program

Memorable week of golf raises funds for Meijer Simply Give program to restock Midwest food pantries GRAND RAPIDS, Mich., 2016-Jun-28 — /EPR Retail News— Representatives with the Meijer LPGA Classic for Simply Give today deemed the third annual tournament a success with an $850,000 donation to the retailer’s Simply Give program, which restocks the shelves of its food…

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Starbucks will support The Mission Continues revitalization mission to refresh Detroit Central High School

SEATTLE, 2016-Jun-28 — /EPR Retail News/ — Among the dynamic veterans profiled in the 2014 book “For Love of Country,” written by Howard Schultz and Rajiv Chandrasekaran, was David Oclander, a West Point graduate who served two tours in Iraq and one in Afghanistan before retiring as a lieutenant colonel. Oclander left the military in 2012 and turned…

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Giant Food, LLC announces the 2016 recipients of the Izzy Cohen Memorial Scholarship and the Esther Peterson Memorial Grant

Scholarships recognize family, financial need, school and community service Landover, Md., 2016-Jun-28 — /EPR Retail News/ — Giant Food, LLC today announced the 2016 recipients of the Izzy Cohen Memorial Scholarship and the Esther Peterson Memorial Grant. The winners are from a variety of high schools in the Greater Washington, D.C. region and were selected based on…

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Kantar Retail: British FMCG suppliers and the Brexit

Boston, MA, 2016-Jun-27 — /EPR Retail News/ — Shock has arrived on the back of the UK’s historic vote to leave the European Union and Prime Minister David Cameron’s decision to resign.  This shock has resulted in a “Black Friday” effect in financial markets with the price of British Pounds Sterling plummeting and stock markets searching for…

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Rakuten invests in remote farming service provider Telefarm as part of the agriculture reforms it intends to promote

Aiming to contribute to regional revitalization with agriculture support through the internet Tokyo, 2016-Jun-27 — /EPR Retail News/ — Rakuten, Inc. (TOKYO: 4755) today announced that it has invested in remote farming service provider Telefarm Co., Ltd. Since September 2010, Telefarm has been providing a remote cultivation service for organic vegetables which incorporates gamification. The company carries out…

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Barnes & Noble posts $850 million retail sales in FY2016 Q4 and $4.0 billion for the full year

New York,NY, 2016-Jun-27 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS) today reported sales and earnings for its fiscal 2016 fourth quarter and full-year ended April 30, 2016. Retail sales, which include Barnes & Noble stores and BN.com, were $850 million for the quarter and $4.0 billion for the full year, decreasing 2.2% and…

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Philippines: SM Foundation renovated its third Philippine National Police (PNP) medical facility

PASAY CITY, PHILIPPINES,  2016-Jun-27 — /EPR Retail News/ — SM Foundation continues its support for our men and women in uniform as it turned over its 116th Felicidad Sy Wellness Center- the Philippine National Police Academy (PNPA) Health Service Dispensary in Silang, Cavite on June 23. This is its 17th soldiers’ ward rehabilitated and its third PNP medical…

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Pets at Home Group Plc will hold its AGM on 14 September 2016

LONDON, 2016-Jun-27 — /EPR Retail News/ — Pets at Home Group Plc (LSE: PETS) (the "Company") today announces that its Annual Report and Accounts for the year ended 31 March 2016 ("Annual Report"), Notice ("Notice") of the 2016 Annual General Meeting ("AGM") and Form of Proxy for the 2016 AGM have been sent to shareholders and…

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NCR Corporation released the fastest, most secure version of its transaction processing solution Authentic

New software delivers PA-DSS 3.1 compliance and improved security DULUTH, Ga., 2016-Jun-26 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that it has released the fastest, most secure version of its transaction processing solution, Authentic, which is the first major payments platform to be compliant with the…

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H&M group’s sales in 1H2016 increased by 7 percent

STOCKHOLM, SWEDEN, 2016-Jun-24 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 7 percent in local currencies during the first six months of the financial year. Converted into SEK, sales including VAT increased by 5 percent to SEK 104,965 m (100,024). Sales excluding VAT amounted to SEK 90,565 m (86,143). Profit after…

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Chinese Aisino Corporation established a joint venture with Wincor Nixdorf in China

PADERBORN, GERMANY, 2016-Jun-24 — /EPR Retail News/ — Aisino Corporation, a Chinese company that specializes in intelligent anti-forgery tax control systems, EFT POS solutions, financial IC cards, bill receipt printing solutions and public IT security solutions, has established a joint venture (JV) with Wincor Nixdorf in China to develop, produce and market IT solutions for banking…

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Harris Teeter’s fifth annual Support Our Troops donation card campaign raised nearly $800,000 for the USO

Matthews. NC, 2016-Jun-22 — /EPR Retail News/ — Harris Teeter announced today it is donating nearly $800,000 to the USO, an organization dedicated to supporting America’s service members and their families. The donation was made possible thanks to generous contributions from Harris Teeter shoppers and valued associates during the Company’s fifth annual Support Our Troops donation…

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eBay appoints Alyssa Cutright Vice President of Global Payments

Cutright will lead eBay’s global strategy and operations of billing and payments. San Jose, California, 2016-Jun-21 — /EPR Retail News/ — This week, we are welcoming Alyssa Cutright, eBay’s new Vice President of Global Payments. In this new role, she will lead eBay’s global strategy and operations of billing and payments. Payments are a critical part of the commerce…

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RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for the month of June 2016

TORONTO, ONTARIO, 2016-Jun-21 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of June. The distribution will be payable on July 8, 2016 to unit holders of record as at June 30, 2016. About RioCan RioCan is Canada's largest real estate investment trust…

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Taubman Centers, Inc. to announce its second quarter 2016 earnings on July 28, 2016

BLOOMFIELD HILLS, Mich., 2016-Jun-20 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2016 earnings after the market closes on July 28, 2016. The company will host a conference call to discuss these results on July 29, 2016 at 10 a.m. EDT. Stockholders and interested parties may listen to a live…

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