John Lewis Partnership to review previously announced pension scheme

Bracknell, UK, 2014-1-30 — /EPR Retail News/ — In March 2013 the John Lewis Partnership announced that it would be reviewing the pension scheme to ensure that it remains both fair to Partners and affordable over the long term. Since then there have been extensive briefings and discussions with Partners and a draft proposal has now been […]

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S Group announced slightly over EUR 11.3 billion retail sales in 2013

S Group’s retail sales in 2013 amounted to slightly over EUR 11.3 billion. Comparable sales increased by more than one per cent year-on-year. Helsinki, Finland, 2014-1-30 — /EPR Retail News/ — According to Taavi Heikkilä, CEO of SOK, sales developed best in the grocery trade, where growth amounted to nearly 4 per cent. Poor development of the economy […]

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Rite Aid reports same store sales for January 2014 increased 1.8 percent over the prior-year period

Camp Hill, PA, US, 2014-1-30 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for January. Monthly Sales For the four weeks ended Jan. 25, 2014, same store sales increased 1.8 percent over the prior-year period. January front-end same store sales decreased 1.3 percent, of which 1.4 percent was attributable to a […]

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IKEA Group’s net income increased by 3.1% to $4.2 billion in FY2013

The IKEA Group net income increased by 3.1% to EUR 3.3 billion ($4.2 billion*) for the financial year 2013**; and market conditions continued to improve with strong growth in China, Russia and the US. IKEA US FY13 comparable store sales grew by 6.7%. Conshohocken, PA, US, 2014-1-29 — /EPR Retail News/ — “Consumer spending is improving in […]

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J. C. Penney Company, Inc. amends and extends existing stockholder rights plan to protect tax benefits

Plano, TX, US, 2014-1-28 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”) today announced that its Board of Directors has acted to protect the Company’s valuable net operating loss carryforwards (“NOLs”) by amending and extending the Company’s existing stockholder rights plan. The Company has over $2 billion in NOLs, which can […]

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Apple posted record revenue of $57.6 billion for its fiscal 2014 1st quarter ended December 28, 2013

Cupertino, CA, US, 2014-1-28 — /EPR Retail News/ — Apple® today (January 27, 2014) announced financial results for its fiscal 2014 first quarter ended December 28, 2013. The Company posted record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion, or $14.50 per diluted share. These results compare to revenue of $54.5 billion and net […]

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Ahold repurchased 2,445,000 Ahold common shares for € 31 million between 20 and 24 January, 2014

Zaandam, the Netherlands, 2014-1-27 — /EPR Retail News/ — Ahold has repurchased 2,445,000 Ahold common shares in the period from January 20, 2014 up to and including January 24, 2014. The shares were repurchased at an average price of € 12.7317 per share for a total consideration of € 31.13 million. These repurchases were made as part […]

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Ingles Markets to provide real-time online webcast and rebroadcast of its first quarter earnings conference call on February 3, 2014

Asheville, North Carolina, US, 2014-1-27 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) will provide an online, real-time webcast and rebroadcast of its first quarter earnings conference call on February 3, 2014. Ingles plans to release earnings for its first quarter ended December 28, 2013, on February 3, 2014. The live broadcast of Ingles Markets’ […]

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Walmart to launch new $10 million fund for innovation in American manufacturing

Washington, D.C., US, 2014-1-23 — /EPR Retail News/ — Today, Walmart U.S. President and CEO Bill Simon joined 280 of the nation’s mayors in Washington, D.C., at the U.S. Conference of Mayors Meeting to announce a new fund for innovation in American manufacturing and a new supplier commitment to bring production of bikes and jobs to South […]

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Koninklijke Ahold N.V.’s shareholders approved the company’s proposal to return €1 billion to shareholders

Zaandam, the Netherlands, 2014-1-23 — /EPR Retail News/ — Ahold’s shareholders today approved the company’s proposal to return € 1 billion to shareholders by way of a capital repayment and reverse stock split. Shareholders voted at an Extraordinary General Meeting held at Ahold’s headquarters in Zaandam, The Netherlands. The meeting was attended by 65 shareholders, representing approximately […]

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JCPenney released its 2013 Sustainability Report

Plano, TX, US, 2014-1-22 — /EPR Retail News/ — JCPenney (NYSE: JCP) announced today that it has released its 2013 Sustainability Report, detailing activities in fiscal year 2012, which ended February 2013. The report highlights strategic initiatives to reduce the Company’s environmental impact and encourage positive social change. “JCPenney has recently experienced a time of transition and […]

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Wincor Nixdorf AG announced its first quarter net sales fell by 5%

Paderborn, Germany, 2014-1-20 — /EPR Retail News/ — Wincor Nixdorf AG completed the first quarter of its current fiscal year with a decline in net sales and growth in operating profit. Compared with the same period a year ago, net sales for the first quarter fell by 5%. In total, net sales stood at €638 million (previous […]

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Russia’s largest retailer Magnit announced acquisition of shares by the entity under the issuer’s control

Krasnodar, Russia, 2014-1-20 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), announces the acquisition of shares by the entity which is under the Issuer’s control. Full company name and address:  joint-stock company “Tander” 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State Registration Number: 1022301598549 Object of […]

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arvato Financial Solutions verwerft AfterPay, een Nederlandse serviceprovider voor ‘betalen na ontvangst’

Gütersloh, Duitsland, 2014-1-17 — /EPR Retail News/ — Achteraf betalen, of wel betaling na ontvangst van een besteld product, bijvoorbeeld via een (digitale) acceptgiro of factuur, is een betaalmethode waar veel online consumenten de voorkeur aan geven en draagt voor webwinkeliers bij aan een hogere verkoop. Steeds meer Europese online retailers bieden hun klanten de mogelijkheid om […]

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METRO GROUP had a solid start into Financial Year 2013/14

1.1% sales growth (adjusted for currency effects and portfolio changes), like-for-like sales almost on prior year’s level Further like-for-like sales trend improvements at METRO Cash & Carry against FY 2012/13 (pro-forma) Both Egyptian MAKRO Cash & Carry stores were closed down Düsseldorf, Germany, 2014-1-15 — /EPR Retail News/ — Preliminary METRO GROUP sales in Q1 2013/14, adjusted for currency effects […]

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Darty plc announced EGM 2014 on Monday 3 February 2014

London, UK, 2014-1-15 — /EPR Retail News/ — Darty plc today announces that a circular (the «Circular») has been posted to shareholders. The Circular contains a notice of a general meeting (the «General Meeting») of Darty to consider and, if thought fit, to pass a resolution authorising the Board to amend the borrowings limit set out in […]

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OJSC “Magnit” Announces the Acquisition of Shares by the Entity under the Issuer’s Control

Krasnodar, Russia, 2014-1-15 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MCX:MGNT and LON:MGNT), announces the acquisition of shares by the entity which is under the Issuer’s control. Full company name and address: joint-stock company “Tander” 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State Registration Number: 1022301598549 Object of […]

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Target Provides Update on Data Breach and Financial Performance

Company extends credit monitoring and identity theft protection to all guests Minneapolis, MN, US,  2014-1-13 — /EPR Retail News/ — Target today announced updates on its continuing investigation into the recent data breach and its expected fourth quarter financial performance. As part of Target’s ongoing forensic investigation, it has been determined that certain guest information — separate from […]

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The Royal Mint Reveals The Official London 2012 Olympic And Paralympic Coins

The Royal Mint has announced that two British students have had the honour of designing the official UK coins to celebrate the London 2012 Olympic and Paralympic Games. The two designs – one for the Olympic Games and one for the Paralympic Games – will soon be in the hands of Games enthusiasts around the […]

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