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Financial

KidCents charities to receive over $1.5 Million from Rite Aid Foundation’s Big Hearts Give Challenge

182 KidCents Charities to be Honored by Rite Aid Associates     Camp Hill, Pa., 2016-Feb-12 — /EPR Retail News/ — In the spirit of the season, throughout the month of February, Rite Aid associates across the country will recognize their local KidCents charities for participating in The Rite Aid Foundation's Big Heart Gives Challenge. The special challenge was…

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Pennsylvania Real Estate Investment Trust declares quarterly cash dividend of $0.21 per common share

PHILADELPHIA, 2016-Feb-12 — /EPR Retail News/ — Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on March 15, 2016 to common shareholders of record on March 1, 2016 . The March 15 th…

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The Home Depot® to hold its Fourth Quarter & Fiscal 2015 Earnings Conference Call on February 23

ATLANTA, 2016-Feb-11 — /EPR Retail News/ — The Home Depot®, the world's largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal 2015 Earnings Conference Call on Tuesday, February 23, at 9 a.m. ET. A webcast will be available by logging onto http://earnings.homedepot.com and selecting the Fourth Quarter Earnings Conference Call icon.…

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Old National Bank completes online and mobile banking platform conversion to NCR’s Digital Insight

Digital Insight platform brings the latest in technology to Old National’s customers DULUTH, Ga., 2016-Feb-11 — /EPR Retail News/ — Old National Bank (NASDAQ: ONB), the largest financial services holding company headquartered in Indiana, has completed a successful online and mobile banking platform conversion to Digital Insight, an NCR company. Within 48 hours of its conversion, more…

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ICA Gruppen announces 2015 Fourth quarter results

Solna, Sweden, 2016-Feb-11 — /EPR Retail News/ — Stable year, but competition is growing Fourth quarter of 2015 in summary Consolidated net sales amounted to SEK 26,489 million (23,180). Excluding acquisition and divestment effects, the increase was 4.8% Operating profit excluding non-recurring items was SEK 1,024 million (1,081). This includes costs of SEK 76 million related to the…

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Swedish ICA stores sales increased by 3.1% in January 2016 vs. same month last year

Solna, Sweden, 2016-Feb-11 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 3.1% in January 2016 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.3%. January 2016 Store sales, excl. VAT SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,646 4.1% 2.1% ICA Kvantum 2,143 3.4% 2.8% ICA Supermarket 2,634 2.2% 2.2% ICA Nära 1,253 2.3% 2.3% Total 8,677 3.1% 2.3% In January 2016, sales in the Swedish ICA stores totalled SEK 8,677 million…

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US Foods Holding files registration statement with SEC relating to proposed initial public offering of its common stock

Rosemont, Ill., 2016-Feb-10 — /EPR Retail News/ — US Foods Holding Corp. (together with its consolidated subsidiaries, “US Foods”), the parent company of US Foods, Inc., today announced it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its common stock.  The…

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Chipotle Mexican Grill launches Local Grower Support Initiative to help local farmers meet new food safety standards

Chipotle provides education, training and financial assistance to help small and medium-sized growers meet new food safety standards DENVER, CO, 2016-Feb-09 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE: CMG) announced today at its national employee meeting the formation of the Chipotle Local Grower Support Initiative, a new program to help smaller, local suppliers meet its heightened…

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Wincor Nixdorf to continue services to BAWAG P.S.K. for five more years

BAWAG P.S.K., one of Austria’s largest and most profitable banks with more than 1.6 million private and commercial customers, will continue to have Wincor Nixdorf perform the operations management of its software platform as well as the management and the maintenance of its self-service systems. Wincor Nixdorf will maintain the bank’s approximately 1,200 self-service systems…

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SUPERVALU INC. extended its $1 Billion Asset-Based Revolving Credit Facility to February 3, 2021

MINNEAPOLIS, 2016-Feb-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the Company’s inventory, credit card and certain other receivables and certain other assets. The amendment reduces the revolving credit facility’s rates on borrowings…

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ICA Gruppen to publish its Q4 report 2015 on 10 February 2016

Solna, Sweden, 2016-Feb-05 — /EPR Retail News/ — ICA Gruppen will publish its Q4 report 2015 on Wednesday, 10 February 2016. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 10 February 2016 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and CFO…

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Shopify Inc. to announce financial results for its fourth-quarter ended December 31, 2015 on February 17, 2016

Ottawa, Canada, 2016-Feb-04 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SH), a leading cloud-based commerce platform, plans to announce financial results for its fourth-quarter ended December 31, 2015 before markets open on Wednesday, February 17, 2016. Shopify’s management team will host a conference call to discuss its fourth-quarter results at 8:30 a.m. ET on Wednesday, February 17,…

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Application for funding through Co-op Community Spaces open until February 12, 2016

Saskatoon, Canada, 2016-Feb-03 — /EPR Retail News/ — Everyone needs a place to meet, play, learn and share. In 2016, Co-op Community Spaces will contribute up to $1.5 million to support recreation, urban agriculture and environmental conservation projects in Western Canada. Community organizations have until Feb. 12, 2016, to apply for funding through Co-op Community Spaces. Last year,…

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Ingles Markets, Incorporated to webcast its first quarter earnings conference call on February 8, 2016

ASHEVILLE, N.C., 2016-Feb-03 — /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 8, 2016. Ingles plans to release earnings for its first quarter ended December 26, 2015, on February 8, 2016. The live broadcast of Ingles Markets’ quarterly conference call will…

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Starbucks Corporation priced $500 million of 2.100% Senior Notes due 2021

SEATTLE, 2016-Feb-02 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today announced that it has priced an underwritten public offering of senior notes.  The company plans to use the net proceeds from the offering of $500 million of 2.100% Senior Notes due 2021 for general corporate purposes, which may include repurchases of Starbucks common stock…

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Co-operative Retailing System to provide start-up funding for non-profit organization Co-operatives First

Saskatoon, CANADA, 2016-Feb-01 — /EPR Retail News/ — A five-year, $5 million commitment from the Co-operative Retailing System (CRS) will provide critical start-up funding for Co-operatives First, an organization that will facilitate a new wave of co-operative development in Western Canada. As a non-profit, the newly formed Co-operatives First will work with small- to mid-size rural communities…

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National Bank of Pakistan (NBP) to improve the consumer experience with advanced technology from Diebold

KARACHI, Pakistan, 2016-Jan-29 — /EPR Retail News/ — National Bank of Pakistan (NBP), one of the largest commercial banks in Pakistan, has selected Diebold, Incorporated (NYSE: DBD) to improve the consumer experience with advanced technology from Diebold's latest ATM platform and maintenance services. The addition of 500 Diebold 5500 automated teller machines (ATMs) -- with full maintenance…

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Sprouts Farmers Market, Inc. to issue financial results for the 14-week fourth quarter and 53-week year ended January 3, 2016 on February 25, 2016

PHOENIX, AZ, 2016-Jan-28 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today announced it will issue financial results for the 14-week fourth quarter and 53-week year ended January 3, 2016 before the market opens on Thursday, February 25, 2016. Following the release, Sprouts management will conduct a conference call at 8 a.m. MST (10…

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Tractor Supply Company announces financial results for its fourth quarter and fiscal year ended December 26, 2015

Fourth Quarter Earnings per Share of $0.82; Fourth Quarter Sales Increased 3.9% to $1.65 Billion and Comparable Store Sales Decreased 1.4%; Full Year Earnings per Share Increased 12.8% to $3.00 BRENTWOOD, TN, 2016-Jan-28 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO) , the largest rural lifestyle retail store chain in the United States, today announced…

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Walgreens Boots Alliance, Inc. to host live webcast of its annual meeting of stockholders on Wednesday, 27 January 2016

DEERFIELD, Ill., 2016-Jan-26 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq:WBA) will provide a live webcast of its annual meeting of stockholders beginning at 9 a.m. Eastern time on Wednesday, 27 January 2016. The meeting will be held at Park Hyatt New York, 153 W. 57th St., New York. The meeting’s webcast will be available…

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X5 Retail Group N.V. announces preliminary consolidated Q4 and FY net retail sales and operational results ended 31 December 2015

FY 2015 Highlights X5 delivered total net retail sales growth of 27.3% year-on-year (y-o-y), the Company’s fastest pace of growth since 2011. Net retail sales growth of RUB 172.2 bln was the highest in X5’s history. Net retail sales growth was driven by a 13.7% increase in like-for-like (LFL) sales and a 13.6% sales growth contribution…

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The Bon-Ton Stores, Inc. retired its remaining mortgage loan facility due in April using borrowings under its $830 million revolving credit facility

YORK, Pa., 2016-Jan-25 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that, effective as of January 15, 2016,  it has retired its remaining mortgage loan facility due in April using borrowings under the Company's $830 million revolving credit facility.  The mortgage loan facility had principal outstanding of $102.4 million and was secured…

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Tiffany & Co. holiday period sales results: Results negatively affected by the strong U.S. dollar and weak tourist spending in a number of markets

NEW YORK, NY, 2016-Jan-25 — /EPR Retail News/ — Tiffany & Co. (NYSE: TIF) today reported its sales results for the two-month period ended December 31st (“holiday period”). Results were negatively affected by the strong U.S. dollar and weak tourist spending in a number of markets. On a constant-exchange-rate basis that excludes the effect of…

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Grupo Vips repurchased 49% of Starbucks Coffee Spain S.L. equity from Starbucks EMEA

Madrid, Spain, 2016-Jan-25 — /EPR Retail News/ — Starbucks exclusive licensed partner to operate and develop the brand in Spain and Portugal, Grupo Vips, announced today that the company has signed an agreement with Starbucks Coffee Company, in which Grupo Vips has repurchased 49% of Starbucks Coffee Spain S.L. equity to Starbucks EMEA. Grupo Vips had…

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Starbucks opened 528 net new stores in Q1 globally; reports record 8% sales increase

Strong Holiday Performance Drives 9% Comp Growth in the U.S. and Americas, 8% Globally; Global Traffic up 4% Consolidated Net Revenues Rise 12% to a Record $5.4 Billion; Channel Development Revenues Jump 16% Consolidated Operating Income up 16% to a Record $1.1 Billion; GAAP EPS of $0.46; Non-GAAP EPS up 15% to a Record $0.46 Dollars…

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Federal income tax treatment for 2015 distributions to holders of Federal Realty Investment Trust’s Common Shares of Beneficial Interest

ROCKVILLE, Md., 2016-Jan-25 — /EPR Retail News/ - Federal Realty Investment Trust (NYSE:FRT) released today the Federal income tax treatment for 2015 distributions to holders of its Common Shares of Beneficial Interest (NYSE: FRT). The characterization of distributions on our common shares traded under the ticker symbol FRT is as follows: Distribution Type CUSIP Record Date Payable Date Distr. Per Share Taxable Ordinary…

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Wesfarmers’ 2016 half-year results will be announced on Wednesday 24 February 2016

Perth, Australia, 2016-Jan-25 — /EPR Retail News/ — The Manager Company Announcements Office Australian Securities Exchange ADVANCE NOTICE - 2016 HALF-YEAR RESULTS Wesfarmers’ 2016 half-year results (including second quarter retail sales results) will be announced on Wednesday 24 February 2016. An analyst briefing will be held at 10:00am (AWST) / 1:00pm (AEDT) following the release of the half-year results announcement. This briefing will…

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BESTSELLER UNITED Acquires majority stake in Bianco Footwear

BESTSELLER UNITED HAS BOUGHT THE MAJORITY OF THE DANISH COMPANY BIANCO FOOTWEAR. BRANDE, Denmark, 2016-Jan-22 — /EPR Retail News/ — Anders Holch Povlsen comments on the new investment in Bianco Footwear: “We have known the founder behind Bianco Footwear for many years, and I know that we share many of the same ideas and beliefs. At several occasions…

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Zalando posts 30-31 per cent revenue growth in the fourth quarter of 2015

Strong continued growth with Q4 revenues at EUR 865-872 million (30-31 per cent growth) Adjusted EBIT of EUR 61-78 million (7-9 per cent margin), in line with prior management guidance Full year revenues at EUR 2,955-2,962 million, clearly profitable with 3.3-3.9 per cent adjusted EBIT margin BERLIN, 2016-Jan-21 — /EPR Retail News/ — Zalando SE,…

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AGS Transact Technologies installs 50,000th Wincor Nixdorf automated teller machine at an Indian bank

AGS installs 50,000th automated teller machine from Wincor Nixdorf in India Paderborn, GERMANY, 2016-Jan-19 — /EPR Retail News/ — AGS Transact Technologies and Wincor Nixdorf have two good reasons to celebrate: AGS has installed the 50,000th Wincor Nixdorf automated teller machine at an Indian bank, and the new collaboration model involving Wincor Nixdorf and AGS was…

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