Sears Holdings: final tender results to purchase for cash up to $1,000,000,000 principal amount of its outstanding 6 5/8% Senior Secured Notes Due 2018

HOFFMAN ESTATES, Il., 2015-8-31 — /EPR Retail News/ — Sears Holdings Corporation (“we,” “us,” “our,” or the “Company”) (Nasdaq: SHLD) today announced the final tender results of its previously announced tender offer (the “Offer”) to purchase for cash up to $1,000,000,000 principal amount of its outstanding 6 5/8% Senior Secured Notes Due 2018 (the “Notes”).  […]

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RILA: Retailers spent billions upgrading to accept new “chip-and-PIN” cards, but banks keep on issuing “chip and signature” cards in US

Arlington, VA, 2015-8-31 — /EPR Retail News/ — In a segment on this morning’s Today Show, a spokeswoman from MasterCard led viewers to believe that new “chip” credit cards being issued to consumers are the same cards currently issued in Europe and Canada that have reduced fraud by almost 80 percent. What this spokeswoman omitted, […]

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Darden to release its fiscal 2016 Q1 financial results on Tuesday, September 22, 2015

ORLANDO, Fla., 2015-8-31 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2016 first quarter financial results before the market opens on Tuesday, September 22, 2015, with a conference call to follow at 8:30 am ET.  Gene Lee, CEO, and other senior management will discuss first quarter results and […]

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Groupe Auchan: Oney Banque Accord grew in 1st half of 2015 in spite of economic and regulatory effect

Groupe Auchan: Oney Banque Accord grew in 1st half of 2015 in spite of economic and regulatory effect Croix Cedex, France, 2015-8-31— /EPR Retail News/ — On 30 June 2015, Oney Banque Accord had stable Net Banking Income compared to the previous financial year, at €190 million (+0.3%). The French subsidiary stood up well in spite of […]

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ULTA Beauty’s Q2 and H1-2015 results: 20% increase of net sales

Total Sales Increased 19.4% Comparable Sales Increased 10.1% Diluted EPS Increased 22.3% to $1.15 Company Raises Guidance for Fiscal Year 2015 BOLINGBROOK, Ill., 2015-8-28— /EPR Retail News/ — ULTA Beauty (NASDAQ:ULTA) today announced financial results for the thirteen week period (“Second Quarter”) and twenty-six week period (“First Six Months”) ended August 1, 2015, which compares to […]

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Amazon: Musaic and Rachio are the two new recipients of the Alexa Fund

Musaic, maker of a high-resolution wireless HiFi system, will work with the Alexa Skills Kit and Alexa Voice Service to allow customers to control their Musaic devices using their voice Rachio, creator of an intelligent sprinkler controller, will work with the Alexa Skills Kit to allow customers to control their watering system using their voice […]

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Sainsbury’s will award 137,000 colleagues with pay increase of 4%

LONDON, 2015-8-28— /EPR Retail News/ — Sainsbury’s will award 137,000 colleagues working in stores across the country an industry-leading pay increase of 4%, taking Sainsbury’s standard rate of pay to £7.36 per hour, effective from 30 August. This is the highest pay increase for store colleagues the company has awarded in over a decade. Takes […]

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The Michaels Companies, Inc. reports 3.8% increase of net sales and 89.8% of operating income in Q2 2015 financial results

Net sales increased 3.8% to $984.3 million Operating income increased 89.8% to $96.6 million; adjusted diluted EPS increased 21.4% to $0.17 Updates fiscal year 2015 outlook for diluted EPS to $1.66-$1.72 IRVING, Texas, 2015-8-27— /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today announced financial results for the quarter ended August 1, 2015. Chuck […]

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H&M Conscious Foundation announced €1 million grant for early stage innovation in the fashion industry

STOCKHOLM, SWEDEN, 2015-8-27— /EPR Retail News/ — On August 25, the H&M Conscious Foundation launches the first ever Global Change Award − one of the world’s biggest challenges for early stage innovation and the first such initiative in the fashion industry. By catalysing green, truly ground-breaking ideas the aim of the challenge is to protect […]

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General Growth Properties, Inc. announced an increase of $500 million to its existing share repurchase program

CHICAGO, 2015-8-27— /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP)(the “Company”) today announced that its Board of Directors authorized an increase of $500 million to the Company’s existing share repurchase program (the “Program”). Together with amounts previously authorized that have not been used for repurchases, the Company has approximately $600 million available for repurchases under […]

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L Brands’ pre-recorded broadcast of the August Sales report will be available over Internet on Thursday, Sept. 3 at 7:30 a.m. ET

COLUMBUS, Ohio, 2015-8-27— /EPR Retail News/ — In conjunction with L Brands’ sales release, you are invited to listen to a pre-recorded broadcast of the August Sales report. The broadcast will be available on the Internet on Thursday, Sept. 3 at 7:30 a.m. ET. What: L Brands August Sales Report When: 7:30 a.m. ET on […]

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Dollar General Corporation announced quarterly cash dividend of $0.22 per share on its common stock

GOODLETTSVILLE, Tenn.,  2015-8-27— /EPR Retail News/ —  Dollar General Corporation (NYSE: DG) announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.22 per share on the Company’s common stock. The dividend will be payable on September 30, 2015 to shareholders of record at the close of business on September 16, 2015. About Dollar […]

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Klépierre sold portfolio of nine shopping centers in the Netherlands to Wereldhave

PARIS, France, 2015-8-27— /EPR Retail News/ — Klépierre today announced it has completed the disposal of a portfolio of nine shopping centers¹ located in the Netherlands to Wereldhave. Total consideration for the transaction including transfer duties is 770 million euros² . The extension of City Plaza will be transferred later in 2015, once this development […]

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Best Buy Co announced regular quarterly cash dividend of $0.23 per common share

MINNEAPOLIS, 2015-8-27— /EPR Retail News/ — The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on October 6, 2015, to shareholders of record as of the close of business on September 15, 2015. The company had […]

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Harris Teeter donated $63,731.60 to benefit families who lost loved ones in the Mother Emanuel AME Church shooting

Company Thanks Customers for Generous Participation Matthews, N.C., 2015-8-27— /EPR Retail News/ — On Tuesday, August 26, 2015, Harris Teeter donated $63,731.60 to benefit various community programs and families who lost loved ones in the Mother Emanuel AME Church shooting which occurred June 17, 2015. Throughout the month of July, Harris Teeter hosted Support Charleston – […]

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Best Buy Co. Q2 FY16: Domestic Segment Revenue Increased 3.9% vs Q2 FY15

Domestic Segment Revenue Increased 3.9% Non-GAAP Diluted EPS from Continuing Operations Increased 17% to $0.49 GAAP Diluted EPS from Continuing Operations Increased 18% to $0.46 MINNEAPOLIS, 2015-8-26— /EPR Retail News/ — Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter (“Q2 FY16”) ended August 1, 2015 as compared to the second […]

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Saudi Automotive Services Company (SASCO) signs Bank facility agreement (Shariah-compliant) with National Commercial Bank for SR 151,825,000

Retailing and Operation Division Riyadh, Kingdom of Saudi Arabia, 2015-8-26— /EPR Retail News/ — Saudi Automotive Services Company (SASCO) announces completion of signing of the Bank facility agreement (Shariah-compliant) with the National Commercial Bank (NCB) on 25 August 2015 at a value of SR 151,825,000 against signed promissory note. A part of the above mentioned […]

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Wincor Nixdorf, Nokas form equally owned joint venture called CROWN (Cash Retail Optimization Wincor Nixdorf Nokas)

PADERBORN, Germany, 2015-8-26— /EPR Retail News/ — Wincor Nixdorf has established a joint venture with Nokas, the leading Scandinavian provider of cash-handling services, in June 2015. The new company, named CROWN (Cash Retail Optimization Wincor Nixdorf Nokas), has its headquarters in Delft, Netherlands, and is owned equally by Wincor Nixdorf and Nokas. CROWN offers a […]

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South Africa: funds from the sale of bandana at Pick n Pay, Round Table, Makro and Zando to benefit people with serious blood disorders

The slogan this year is “We heart Bandana Day!” Cape Town, South Africa, 2015-8-25— /EPR Retail News/ — Take a stand and show you care about people with serious blood disorders like leukaemia.  Buy and wear your bandana on 12thOctober and contribute towards saving a life. The campaign is fun, hip and happening and involves Ambassadors […]

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Funds managed by Sycamore Partners to acquire 100% of Belk, Inc. for approximately $3.0 billion

Belk Stockholders to Receive $68.00 per share in cash Tim Belk to remain CEO Company headquarters to stay in Charlotte, N.C. CHARLOTTE, N.C., 2015-8-24— /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced that it has entered into a definitive merger agreement whereby investment funds […]

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IKEA’s Feeding the Future raised $351,605 in just one month to support Feeding America

Over $351,605 raised in just one month – enough to provide over 3 million meals Conshohocken, PA, 2015-8-24— /EPR Retail News/ — IKEA US thanks its customers for their generous contributions to the IKEA in-store program ‘Feeding the Future’, a campaign that supports Feeding America, the nation’s largest domestic hunger relief organization. The campaign which ran […]

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Ahold CEO Dick Boer: We grew sales, operating income and net income and delivered strong free cash flow in Q2 2015

Zaandam, The Netherlands, 2015-8-24— /EPR Retail News/ — Ahold today published its summary report for the second quarter and first half of 2015. Highlights of the second quarter are: Sales of €8.7 billion, up 17.1% (up 3.1% at constant exchange rates) Sales excluding gas up 4.8% at constant exchange rates Underlying operating margin of 3.8%, down 0.1 […]

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Toys“R”Us raised $2.2 million for Alex’s Lemonade Stand Foundation to find cure for pediatric cancer

#Stir4ACure Initiative Heightened Awareness and Encouraged Customers to Join the Fight Against Childhood Cancer Wayne, NJ, 2015-8-24— /EPR Retail News/ — Toys“R”Us® today announced that through Toys“R”Us and Babies“R”Us® in-store and online customer donations, the company raised nearly $2.2 million during its fifth annual nationwide fundraising and awareness campaign benefiting Alex’s Lemonade Stand Foundation™(ALSF), a nonprofit organization […]

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Associated Retail Operations to help make the dreams of Utah kids facing life-threatening illnesses come true

Macey’s, Fresh Market, Lin’s, Dan’s and Dick’s Market stores to help make wishes come true SALT LAKE CITY, 2015-8-24— /EPR Retail News/ — This year’s Star Icon fundraising campaign is in full swing and Associated Retail Operations (Macey’s, Fresh Market, Dan’s, Lin’s and Dick’s Markets) is aiming to help make the dreams of Utah kids facing […]

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Costa Rica und Panama: REWE Group investiert rund 1 Million Euro für eine nachhaltigere Bananenproduktion

Bananenfonds finanziert ökologische und soziale Projekte in Costa Rica und Panama Köln, Germany, 2015-8-24— /EPR Retail News/ — Die REWE Group setzt sich für eine Verbesserung der Bananenproduktion und der ökologischen und sozialen Rahmenbedingungen in Süd- und Zentralamerika ein. Über den 2014 ins Leben gerufenen REWE Group-Bananenfonds wird das Unternehmen bis Ende 2016 lokale Projekte in […]

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The Home Depot® declares second quarter cash dividend of 59 cents per share payable on September 17, 2015

ATLANTA, 2015-8-21— /EPR Retail News/ — The Home Depot®, the world’s largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of 59 cents per share. The dividend is payable on September 17, 2015, to shareholders of record on the close of business on September 3, 2015. This […]

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Sears Holdings to release its financial results for the Company’s fiscal 2015 second quarter before the market opens on Aug. 20, 2015

HOFFMAN ESTATES, Ill., 2015-8-19— /EPR Retail News/ — Sears Holdings (NASDAQ: SHLD) announced today that it expects to release its financial results for the Company’s fiscal 2015 second quarter before the market opens on Thursday, Aug. 20, 2015, and simultaneously post a pre-recorded conference call and audio webcast on its corporate website. It will feature […]

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The Home Depot® reports sales of $24.8 billion for the second quarter of fiscal 2015; 4.3% increase from same period last year

ATLANTA, 2015-8-18— /EPR Retail News/ — The Home Depot®, the world’s largest home improvement retailer, today reported sales of $24.8 billion for the second quarter of fiscal 2015, a 4.3 percent increase from the second quarter of fiscal 2014. Comparable store sales for the second quarter of fiscal 2015 were positive 4.2 percent, and comp […]

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Ulta Beauty will conduct a conference call to discuss its second quarter 2015 results on August 27, 2015

BOLINGBROOK, Ill., 2015-8-18— /EPR Retail News/ — Ulta Beauty (NASDAQ: ULTA) today announced that the Company will conduct a conference call to discuss its second quarter 2015 results on Thursday, August 27, 2015 at 5:00 p.m. Eastern Time / 4:00 p.m. Central Time. A press release detailing the Company’s second quarter 2015 results will be […]

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Arla Foods UK confirms that Asda’s increased price that it pays for milk will be shared directly with its farmer owners

First major grocery retailer customer to agree nationwide pledge across all its liquid fresh milk Industry-leading British cheddar labelling introduced to help customers to support British dairy farmers LEEDS, 2015-8-18— /EPR Retail News/ — Arla Foods UK has today confirmed that Asda’s increased price that it pays for milk, which came into effect this morning, […]

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