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Financial

Gap Inc. announces March net sales for the five-week period ended April 2, 2016

SAN FRANCISCO, 2016-Apr-09 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that net sales for the five-week period ended April 2, 2016 were $1.43 billion compared with net sales of $1.53 billion for the five-week period ended April 4, 2015. “While March proved challenging, we remain focused on taking the necessary steps to improve…

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Details for upcoming Toys“R”Us fourth quarter 2015 Lenders and Note Investors Conference Call

WAYNE, NJ, 2016-Apr-09 — /EPR Retail News/ — Details for the previously announced Toys“R”Us, Inc. fourth quarter 2015 Lenders and Note Investors Conference Call are provided below. On the call, the company’s leadership team will discuss the financial results of Toys“R”Us, Inc., Toys“R”Us – Delaware, Inc., and Toys“R”Us Property Company II, LLC at 3:00 p.m. ET…

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Rite Aid Corporation announces operating results for its fourth quarter and fiscal year ended February 27, 2016

Revenues of $8.3 Billion for the Fourth Quarter, Up 20.8 Percent Year-Over-Year and $30.7 Billion for the Full Year, Up 15.9 Percent Year-Over-Year  Fourth Quarter Adjusted Net Income Per Diluted Share of $0.07, Compared to the Prior Yearof $0.06; Full Year Adjusted Net Income Per Diluted Share of $0.23, Compared to the Prior Year  of $0.27  Fourth…

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Raiffeisenbank Straubing eG has selects Wincor Nixdorf to renew and modernize its branch network

Paderborn, Germany, 2016-Apr-09 — /EPR Retail News/ — In the course of its plans to renew and modernize its branch network, Raiffeisenbank Straubing eG has chosen Wincor Nixdorf to create the concept. Implementation of the new concept began in Salching, where Wincor Nixdorf’s Branch & Store Modernization unit has converted the bank’s branch from a classic…

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Starbucks Corporation to release its Q2 FY 2016 financial results on Thursday, April 21, 2016

SEATTLE, 2016-Apr-07 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) plans to release its second quarter fiscal year 2016 financial results after the market close on Thursday, April 21, 2016, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay…

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Marks and Spencer Group’s Q4 2015/16: Food sales continue to outperform the market

LONDON, 2016-Apr-07 — /EPR Retail News/ — Marks and Spencer Group Plc Quarter 4 2015/16 Trading Statement 13 Weeks to 26 March 2016    ‘Another good quarter in Food; more to do in Clothing and Home’ Food sales continue to outperform the market Sales +4.0%; LFL +0.0%; grew market share to 4.3% New store opening programme performing ahead of expectation Significant…

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Defense Commissary Agency appoints Linda K. Randall new director of accounting

FORT LEE, Va., 2016-Apr-06 — /EPR Retail News/ — Linda K. Randall has been named the Defense Commissary Agency's director of accounting effective March 20. She fills a position last held by Cynthia Morgan from 2011 until Morgan was selected as director of budget and manpower in 2015. From that time, the resource management directorate manned the…

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Diebold to present its mobile-driven ATM concept and Cryptera’s CryptoTouch™ solution at Money 20/20 Europe, April 4-7, in Copenhagen, Denmark

COPENHAGEN, Denmark, 2016-Apr-05 — /EPR Retail News/ — Diebold, Incorporated (NYSE: DBD) is showcasing one of its newest mobile-driven banking concepts, along with an industry-leading security application from Cryptera, at Money 20/20 Europe. Diebold's mobile-driven ATM concept and Cryptera's CryptoTouch™ solution will be featured at Money 20/20 Europe (hall C3, booth #F18), April 4-7, in Copenhagen, Denmark. Following…

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Rivermark Community Credit Union upgrades its digital banking experience with Digital Insight online banking and mobile banking solutions

Credit union brings new digital banking experience to its 80,000 members Duluth, Ga., 2016-Apr-05 — /EPR Retail News/ — Digital Insight, an NCR company, today announced that Rivermark Community Credit Union, a Beaverton, Oregon-based credit union, upgraded its digital banking experience to include Digital Insight online banking and mobile banking solutions. The credit union replaced its ATM…

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Overstock.com and t0.com CEO Patrick Byrne to keynote at Money 20/20 Europe on April 7, 2016 in Copenhagen, Denmark

SALT LAKE CITY, 2016-Apr-05 — /EPR Retail News/ — Attention: Financial technology journalists and institutional equities market participants What: Patrick Byrne, CEO of t0.com and Overstock.com, will keynote at Money 20/20 Europe Where: Bella Center at Center Blvd. 5, 2300 in Copenhagen, Denmark When: Thursday April 7, 2016 at 10:40am (GMT +1:00) More: t0, the financial technology subsidiary of online…

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Overstock.com invests $4 million in Caribbean-based financial technology firm Bitt

BRIDGETOWN, Barbados, 2016-Apr-05 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) announced a strategic investment in Bitt.com, a Caribbean-based financial technology firm working to move island nations in that region to adopt digital national currencies. Overstock.com is investing $4 million in Bitt initially. “A major impediment to economic advancement around the world is the fact that the…

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Tesco to pay its British dairy farmers 28.69 ppl for their fresh milk

CHESHUNT, England, 2016-Apr-05 — /EPR Retail News/ — Tesco has today confirmed that for three months from 1st May, it will pay its British dairy farmers 28.69 ppl for their fresh milk, through the Tesco Sustainable Dairy Group (TSDG). The TSDG, which was set up in 2007 to address the uncertainty faced by British dairy farmers caused…

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L Brands to webcast 2016 March Sales report on Thursday, April 7

COLUMBUS, Ohio, 2016-Apr-05 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the March Sales report. The broadcast will be available on the Internet on Thursday, April 7 at 7:30 a.m. ET. What: L Brands March Sales Report When: 7:30 a.m. ET on Thursday, April 7, 2016 Where: http://www.LB.com How: Simply…

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Macerich Schedules First Quarter 2016 Earnings Release on Tuesday, May 3, 2016

SANTA MONICA, Calif., 2016-Apr-02 — /EPR Retail News/ — WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2016 Earnings Release WHEN: Earnings Results will be released after market close on Tuesday, May 3, 2016.  Management will hold a conference call at 10:30 am Pacific Time (1:30 pm Eastern Time) on Wednesday, May 4, 2016 to discuss quarterly results. WHERE:…

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Russia’s largest retailer PJSC Magnit announces its audited FY 2015 results

Krasnodar, Russia, 2016-Mar-28 — /EPR Retail News/ — , March 24, 2016: PJSC “Magnit”, Russia’s largest retailer (the “Company”; MOEX and LSE: MGNT) announces its audited FY 2015 results prepared in accordance with IFRS. During 2015 the Company added (net) 2,378 stores (1,250 convenience stores, 29 hypermarkets, 58 “Magnit Family” stores and 1,041 drogerie stores) and…

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Rite Aid Corporation to release Fiscal 2016 Fourth Quarter financial results on April 7, 2016

CAMP HILL, Pa., 2016-Mar-25 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2016 Fourth Quarter at 7 a.m. Eastern time Thursday, April 7, 2016. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…

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PetSmart to make its fourth quarter and full-year 2015 results available on its website on April 7, 2016

PHOENIX, AZ, 2016-Mar-25 — /EPR Retail News/ — PetSmart, Inc. (the “Company”), plans to make its fourth quarter and full-year 2015 results available on the Company’s secure website on Thursday, April 7, 2016. The Company will also hold an investor conference call to review its results for the fourth quarter and full-year 2015 on Friday, April…

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Kingfisher announces final results for the year ended 31 January 2016

Sales up 3.8% and retail profit up 7.4%, in constant currencies Adjusted pre-tax profit of £686m, up 0.3% Good early progress on the journey to ‘ONE’ Kingfisher LONDON, 2016-Mar-25 — /EPR Retail News/ — 2015/16 Financial overview: % Total Change % Total Change % LFL* Change 2015/16 2014/15 Reported Constant currency Constant currency Adjusted sales* £10,331m £10,605m (2.6)% +3.8% +2.3% Retail profit* £746m £742m +0.7% +7.4% Adjusted* pre-tax profit £686m £684m +0.3% Adjusted basic…

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Hudson’s Bay Company declares quarterly dividend of $0.05 per common share

TORONTO & NEW YORK, 2016-Mar-23 — /EPR Retail News/ — Hudson's Bay Company ("HBC" or the "Company") (TSX:HBC) announced that the Company's Board of Directors has approved a quarterly dividend for holders of the Company's common shares in the amount of $0.05 per common share. The dividend will be paid on April 15, 2016 to shareholders…

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IKEA Foundation commits $13.9 million to Water.org to expand its WaterCredit model

Kansas City, 2016-Mar-23 — /EPR Retail News/ — IKEA Foundation today, World Water Day, announced a new grant to Water.org to expand efforts to provide safe water and sanitation to one million people in India and Indonesia. IKEA Foundation is committing $13.9 million to Water.org to expand its WaterCredit model, helping families have access to small,…

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Lowe’s Companies, Inc. declares quarterly cash dividend of twenty eight cents ($0.28) per share

MOORESVILLE, N.C., 2016-Mar-22 — /EPR Retail News/ — The Board of Directors for Lowe’s Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of twenty eight cents ($0.28) per share, payable May 4, 2016 , to shareholders of record as of April 20, 2016 . Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home…

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CBRE Group, Inc. extends maturity on its revolving credit facility to March 2021

Los Angeles, CA, 2016-Mar-22 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has extended the maturity on its revolving credit facility to March 2021 and increased its borrowing capacity under this facility by $200 million, to $2.8 billion. At year-end 2015, the company had no outstanding borrowings on its revolving credit…

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CBRE: Global real estate investors remain strongly expansionary in 2016

London, Los Angeles and Sydney are Top Regional Targets to Investors Office is Most Attractive Property Type Ahead of Retail, Multifamily Los Angeles, CA, 2016-Mar-22 — /EPR Retail News/ — Global real estate investors remain strongly expansionary in 2016, with more than US$1 trillion of planned expenditures anticipated to enter global real estate markets—6 percent higher than…

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Taubman Centers, Inc. announces its first quarter 2016 earnings on May 2, 2016

BLOOMFIELD HILLS, Mich., 2016-Mar-22 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) will announce its first quarter 2016 earnings after the market closes on May 2, 2016. The company will host a conference call to discuss these results on May 3, 2016 at 11 a.m. EDT. Stockholders and interested parties may listen to a live…

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Kroger declares quarterly dividend of 10.5 cents per share to be paid on June 1, 2016

CINCINNATI, 2016-Mar-14 — /EPR Retail News/ — The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 10.5 cents per share to be paid on June 1, 2016, to shareholders of record on the close of business on May 13, 2016. Kroger has delivered double-digit compound growth in its dividend since it…

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BBVA upgrades its ATM network with Wincor Nixdorf’s CINEO cash recycling systems

More than 800 new systems to be installed during 2016 Paderborn, Germany, 2016-Mar-11 — /EPR Retail News/ — BBVA is upgrading its ATM network with Wincor Nixdorf's CINEO cash recycling systems to enable banknotes deposited by customers to be reused for cash withdrawals. The bank is a pioneer in Spain with this solution, which helps provide customers…

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SpartanNash Company to pay quarterly cash dividend of $0.15 per common share

Byron Center, MI, 2016-Mar-10 — /EPR Retail News/ — SpartanNash Company (the "Company") (Nasdaq: SPTN) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share. This represents an increase of approximately 11% from $0.135 per common share paid previously. The dividend will be paid on March 31, 2016…

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Smart & Final Stores Q4 and full year 2015: net sales up 12.4%

COMMERCE, Calif., 2016-Mar-10 — /EPR Retail News/ — Smart & Final Stores, Inc. (the "Company") (NYSE:SFS), the value-oriented food and everyday staples retailer, today reported financial results for the thirteen week and fifty-three week periods ended January 3, 2016. Full Year Highlights: Net sales increased 12.4% to $3.97 billion Comparable store sales growth of 4.5% Net income of…

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AmRest Holdings SE Investors Teleconference will be held on March 11th, 2016

Wrocław, Polska, 2016-Mar-10 — /EPR Retail News/ — The Management Board of AmRest Holdings SE invites to the 2015 Annual Investors Teleconference. The teleconference will be held on March 11th, 2016 at 2:30 pm (CET). AmRest 2015 Annual Financial Statement will be published on March 11th, 2016, before the WSE session. The presentation summarizing AmRest FY 2015 financial results…

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