IKEA to open its Columbus store on June 7, 2017

COLUMBUS, OH, 2017-Apr-14 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today (04/12/2017) announced that its future Columbus store will open at 9 a.m. on Wednesday, June 7, 2017, expanding the IKEA presence in the Midwestern United States. Customers can begin lining-up at the store on Monday, June 5, 2017 – […]

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Fendi inaugurates its first flagship store in Milan

Fendi inaugurates its first flagship store in Milan   Paris, 2017-Apr-14 — /EPR Retail News/ — During the recent Salone del Mobile furniture fair in Milan, Fendi inaugurated its first flagship store dedicated to the Maison’s distinctive universe of home furnishings and design. With an exceptional location on via Montenapoleone in the heart of Milan’s famous “Quadrilatero […]

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LVMH Houses – Fendi, Louis Vuitton and Loewe present at the Milan International Furniture Fair

LVMH Houses – Fendi, Louis Vuitton and Loewe present at the Milan International Furniture Fair   Paris, 2017-Apr-08 — /EPR Retail News/ — Milan, Italy showcases the latest in furniture and design at the Milan International Furniture Fair, from April 4-9. Three LVMH Houses – Fendi, Louis Vuitton and Loewe – are taking part in the event, […]

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Majid Al Futtaim Fashion to debut American homeware and furniture brand Crate and Barrel in Doha Festival City

Majid Al Futtaim Fashion to debut American homeware and furniture brand Crate and Barrel in Doha Festival City   Dubai, UAE, 2017-Apr-04 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, today announced the signing of an agreement with Crate […]

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The Bon-Ton Stores, Inc. to close its store at the Schuylkill Mall in Frackville, Pennsylvania

MILWAUKEE, WI, 2017-Apr-04 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (April 1, 2017)  announced it will close its Bon-Ton store at the Schuylkill Mall in Frackville, Pennsylvania. The company has entered into an agreement to sell the store property as of May 1, 2017, when the store will close. The closing […]

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Big Lots kicks off fundraising campaign to benefit Nationwide Children’s Hospital

Retailer Offers Donation Platform in All Stores and Online Columbus, Ohio, 2017-Apr-03 — /EPR Retail News/ — Big Lots (NYSE: BIG), announced today (March 30, 2017)  the relaunch of their national point-of-sale fundraising campaign to benefit Nationwide Children’s Hospital, in their efforts to provide care to children in all 50 states and over 50 different countries […]

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IKEA completes installation of one of Ohio’s largest solar rooftops on its future Columbus store

COLUMBUS, OH, 2017-Mar-31 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today (03/28/2017) announced that the solar panel installation is complete atop its future Columbus store opening Summer 2017. The array is one of the largest solar rooftops in Ohio, just as is the Cincinnati-area one. The Columbus store’s 213,000-square-foot solar […]

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Lowe’s Canada sponsors Tagliani Autosport’s #18 racecar for the 2017 NASCAR Pinty’s Series (NPS) season

Lowe’s Canada sponsors Tagliani Autosport’s #18 racecar for the 2017 NASCAR Pinty’s Series (NPS) season   Boucherville (Québec), 2017-Mar-22 — /EPR Retail News/ — Lowe’s Canada is proud to announce its sponsorship of Tagliani Autosport’s #18 racecar for the 2017 NASCAR Pinty’s Series (NPS) season. In 2016, Alex Tagliani enjoyed his best season ever in […]

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Lowe’s Canada to support the entire independent retailer network and to further leverage the Ace dealer support program

Investing resources to support and grow the Canadian home improvement network and further leverage the Ace brand Ace dealers poised to receive more attractive product pricing, marketing support, a dedicated website with a platform for online sales and broader offering Boucherville, QC , 2017-Mar-22 — /EPR Retail News/ — Lowe’s Canada today (February 16, 2017) […]

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Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic

Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic   MOORESVILLE, N.C., 2017-Mar-09 — /EPR Retail News/ — Today (March 7, 2017), Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic and the latest iteration of Lowe’s Innovation Labs’ Holoroom experience, their immersive design and visualization tool. Debuting at select store locations […]

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hhgregg files for voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code

Strategic decisions allow the Company to move forward as a stronger, debt free and customer-focused business INDIANAPOLIS, 2017-Mar-08 — /EPR Retail News/ — hhgregg, Inc. (“hhgregg” or the “Company”) today (March 6, 2017) announced that the Company has taken action to restructure its balance sheet and better position itself for future success by filing voluntary petitions […]

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Lowe’s Achieves Strong Fourth Quarter Results

MOORESVILLE, N.C., 2017-Mar-07 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (March 1, 2017) reported net earnings of $663 million and diluted earnings per share of $0.74 for the quarter ended February 3, 2017 compared to net earnings of $11 million and diluted earnings per share of $0.01 in the fourth quarter […]

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JCPenney announces the election of Debora Plunkett to its board of directors

Colleen Barrett to Retire from the Board in May PLANO, Texas, 2017-Mar-06 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today (March 2, 2017) announced the election of Debora Plunkett, former senior advisor to the director of the U.S. National Security Agency (NSA), to its board of directors. Possessing extensive experience in cybersecurity, information […]

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IKEA US to install more electric vehicle (EV) charging stations bringing the total to 32 locations by early Spring

Conshohocken, PA, 2017-Mar-06 — /EPR Retail News/ —  IKEA US is in the process of installing more electric vehicle (EV) charging stations bringing the total to 32 IKEA locations by early Spring. The Three Blink® electric vehicle (EV) charging stations* reflect the IKEA goal to be carbon free, as EVs have zero tailpipe emissions. “Installing […]

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IKEA ranked No. 11 on EPA’s National Top 100 list of the largest green power users; fourth on the Top 30 Retail list

Conshohocken, PA, 2017-Feb-28 — /EPR Retail News/ — Today (February 27, 2017), IKEA announced that it appears as No. 11 on the national U.S. Environmental Protection Agency’s (EPA’s) National Top 100 list of the largest green power users from the Green Power Partnership. In addition to IKEA’s spot on the National Top 100 list, IKEA […]

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JCPenney achieves $1 Billion in EBITDA for Full Year 2016; a $477 Million Improvement

Operating Income Grew $292 Million in Fourth Quarter and $484 Million for Full Year PLANO, Texas, 2017-Feb-27 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today (Feb. 24, 2017) announced financial results for its fiscal fourth quarter and full year ended Jan. 28, 2017. Comparable store sales were (0.7) % for the […]

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JCPenney to close two distribution facilities and approximately 130 – 140 stores to optimize its retail operations

PLANO, Texas, 2017-Feb-27 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today (Feb. 24, 2017) announced it is implementing a plan to optimize its national retail operations as part of the Company’s successful return to profitability. Under the plan, the Company expects to close two distribution facilities and approximately 130 – 140 stores […]

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The Home Depot® in-store takeback program recycled more than one million pounds of rechargeable batteries in 2016

ATLANTA, 2017-Feb-25 — /EPR Retail News/ — The Home Depot® today (February 23, 2017) announced that it recycled more than one million pounds of rechargeable batteries in 2016 through its in-store takeback program, in partnership with Call2Recycle®. The Home Depot is Call2Recycle’s first North American retail partner to achieve this milestone in a single year. Call2Recycle […]

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Stein Mart to open five new stores this spring

JACKSONVILLE, Fla., 2017-Feb-22 — /EPR Retail News/ — Stein Mart (NASDAQ:SMRT) (the “Company”) today ( Feb. 16, 2017) announced the  locations of its five new stores opening this spring – the first phase of its 2017 store plan to open a total of 11 new stores. “These new stores fall within our real estate strategy to […]

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Lowe’s hiring 1,700 full-time employees to fill new customer support and central production office positions

MOORESVILLE, N.C., 2017-Feb-17 — /EPR Retail News/ — Each week, Lowe’s Companies, Inc. (NYSE: LOW) serves more than 17 million customers in stores, online, on the phone, in customers’ homes and on the jobsite. To continue helping customers wherever – and whenever – they need support, the company is hiring 1,700 full-time employees between now and […]

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hhgregg, Inc. engages Stifel Nicolaus and Miller Buckfire as financial advisor and investment banker

INDIANAPOLIS, 2017-Feb-16 — /EPR Retail News/ — hhgregg, Inc. (NYSE: HGG) (“hhgregg” or the “Company”) today (February 15, 2017) announced that it has engaged Stifel, Nicolaus & Co., Inc. and Miller Buckfire & Co., LLC, each subsidiaries of Stifel Financial Corp. (NYSE: SF) to pursue a range of potential strategic and financial transactions that will […]

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City Council of Norfolk approves IKEA’s proposal for its Hampton Roads store

CONSHOHOCKEN, PA, 2017-Feb-15 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, expressed its appreciation to the City Council of Norfolk, Virginia for its unanimous approval this afternoon of plans for the Swedish company’s Hampton Roads store that would increase the IKEA presence in the southeastern U.S. as its second store in […]

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Argos reports 127% sales increase for Philips Hue

Milton Keynes, UK, 2017-Feb-06 — /EPR Retail News/ — RBS Six Nations kicks off this Saturday and Argos today (02/02/2017) reports a staggering 127 per cent increase in sales across its Philips hue lighting range last week as sports fans get set for a more immersive rugby experience at home. Philips Hue adds a heightened layer to […]

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Argos unveils latest Spring/Summer 2017 collection

Milton Keynes, UK, 2017-Feb-06 — /EPR Retail News/ — Purity This collection is inspired by both Japanese and Scandinavian design principles which embody simple, subtle and calm living. Functional and adaptable design, organic materials and intricate detailing are all qualities that have been captured within this trend. Tactile finishes and natural textures create a de-cluttered, […]

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J. C. Penney Company, Inc. extends its stockholder rights plan for an additional three years

PLANO, Texas, 2017-Jan-25 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”) today (Jan. 23, 2017) announced that it has extended its existing stockholder rights plan for an additional three years to continue protecting the Company’s valuable net operating loss carryforwards (“NOLs”). As of the end of fiscal 2015, the Company had […]

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Bed Bath & Beyond Inc. opens a unique shopping venue in the Sunset Park neighborhood of Brooklyn, New York

Brooklyn Shopping Venue Features Shopping, Dining, Live Events and More UNION, N.J., 2017-Jan-13 — /EPR Retail News/ — Bed Bath & Beyond Inc. (NASDAQ: BBBY) today ( Jan. 10, 2017) announced the grand opening of a unique shopping venue in the Sunset Park neighborhood of Brooklyn, New York. Located at 850 3rd Avenue, “BEYOND at Liberty […]

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hhgregg announces preliminary net sales results for the third fiscal quarter ended December 31, 2016

INDIANAPOLIS, 2017-Jan-12 — /EPR Retail News/ — hhgregg, Inc. (“hhgregg” or the “Company”) (NYSE:HGG) today (January 9, 2017) announced preliminary net sales results for the third fiscal quarter ended December 31, 2016. The Company also announced information on certain non-cash charges and details of its third fiscal quarter earnings conference call. All figures in this […]

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IKEA to open its relocated Los Angeles-area Burbank store on February 8, 2017

BURBANK, CA, 2017-Jan-11 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today (01/10/2017) announced its relocated Los Angeles-area store within Burbank will open to customers at 9:00 a.m. PST on Wednesday, February 8, 2017. Customers can begin lining-up at the store three hours in advance, at 6:00 a.m., to partake in […]

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hhgregg announces the appointment of Aaron Trahan as Chief Merchandising Officer

INDIANAPOLIS, 2017-Jan-05 — /EPR Retail News/ — hhgregg (NYSE:HGG) today (January 3, 2017) announced that Aaron Trahan has been appointed Chief Merchandising Officer. Mr. Trahan has over 14 years of retail merchandising experience, including 10 years in a merchandising leadership role. Prior to joining hhgregg, Mr. Trahan served as Vice President of Merchandising at Conn’s […]

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JCPenney completes sale of its Home Office campus in Plano, Texas to Dreien Opportunity Partners, LLC for $353 million

JCPenney completes sale of its Home Office campus in Plano, Texas to Dreien Opportunity Partners, LLC for $353 million   PLANO, Texas, 2017-Jan-04 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today (January 3, 2017) that it has completed the sale of its Home Office building and surrounding 45 acres […]

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