SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors intends to increase the company’s annual dividend to $0.88 in fiscal year 2014, a 10 percent increase from the company’s current annualized rate of $0.80. This represents more than a 75 percent increase in the company’s annual dividend…
Building on success of Gap brand, Old Navy opens in Shanghai, continues growth in Japan
SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced Old Navy’s opening of the brand’s first store in China, continuing its expansion outside the U.S.
With the debut of Old Navy’s first company-operated store, opening March 1 on Shanghai’s…
SM Retail Inc. expanded into Southern Philippines with the opening of Savemore Market General Santos
Pasay City, Philippines, 2014-2-28 — /EPR Retail News/ — SM Retail Inc., the department and food stores operator of SM Investments Corporation, has further expanded into Southern Philippines with the opening of Savemore Market General Santos. Aside from Savemore, SM is present in the city through its mall, SM City General Santos which opened in 2012.
The…
Hong Kong, 2014-2-28 — /EPR Retail News/ — A.S. Watson Group (ASW) has always been demonstrating good corporate social responsibility and caring spirit to the community. This year, ASW is once again recognised by the Hong Kong Council of Social Service for our passion and commitment in exemplary corporate citizenship, with the newly established “10 Year Plus…
Milton Keynes, UK, 2014-2-28 — /EPR Retail News/ — Our high streets are set to become more dementia friendly following a commitment from major British businesses today (Friday 28 February). Argos, Homebase, Marks and Spencer and Lloyds Banking Group, backed by Health Secretary Jeremy Hunt, have committed to create over 121,500 Dementia Friends in shops and banks…
Bracknell, UK, 2014-2-28 — /EPR Retail News/ — Waitrose has today announced its first export deal in South Africa. The deal means that the supermarket will be selling its products in every continent, with the exception of Antarctica, and exports to 50 countries across the globe.
In one of its biggest deals to date, more than 250…
LONDON, 2014-2-28 — /EPR Retail News/ — Sport Relief is back and Sainsbury’s is going the extra mile to help customers and colleagues fundraise. The first-ever Sainsbury’s Sport Relief Games takes place in March and there is likely to be a run, cycle or swim event near you. Meanwhile, a range of new merchandise is now on…
LONDON, 2014-2-28 — /EPR Retail News/ — Several Sainsbury’s stores have teamed up with children’s authors to help schools celebrate World Book Day. As part of Sainsbury’s ‘Make Believe’ campaign, we have opened up a new chapter in our community work by inviting children’s authors such as Joanna Gray and many more into several stores.
The event runs…
LONDON, 2014-2-28 — /EPR Retail News/ — Paralympians and Para-athletes will be visiting twelve Sainsbury’s stores this weekend to help launch Sport Relief fundraising in-store.
Stars including Wheelchair Basketball star Natasha Davies and Para-athletics star Rob Womack will be encouraging customers to sign up for the first ever Sainsbury’s Sport Relief Games, with over 1000 events taking place…
LONDON, 2014-2-28 — /EPR Retail News/ — Sainsbury’s Jon Rudoe is to join the retailer’s Operating Board as Digital and Technology Director in a move that recognises the rapidly growing importance of online and digital sales channels to the business as well as Jon’s talent and significant achievements at the company.
Sainsbury’s CEO Justin King said: “I’m delighted to…
Cheshunt, England, 2014-2-28 — /EPR Retail News/ — The finest* Medley of Belgian Chocolate Easter Eggs, £25 has cracked it by beating luxury rivals to take the title of Good Housekeeping Easter Egg of the Year. This is the second year running that Tesco has won the coveted award.
The judges were wowed by this egg – they described…
No. 2 Beverage in U.S. Has a New Product Now Available as Low-Calorie Frozen Carbonated Beverage; Nationwide Launch Coming in May
ATLANTA, 2014-2-28 — /EPR Retail News/ — Warning! A nationwide “frosting” is about to hit the United States, and its cool taste will keep Diet Coke fans chattering well past the winter months.
Diet Coke, the No. 2…
CANTON, MA, 2014-2-28 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City, Okla. The first of the planned restaurants will open in 2015.
Together, this team led…
Raleigh, N.C., 2014-2-28 — /EPR Retail News/ — Sekera to Sign Autographs, Sample Signature Sub Sandwich, Introduce Fans to Must-Have Meal for Lunch
Date: Thursday, March 6, 2014
Time: 5:30 – 6:30 p.m.
Where: North Hills East Harris Teeter
120-100 St. Albans Dr.
Raleigh, N.C. 27609
Interviews are available. Live shots are welcomed!
Thursday, March 6 Carolina Hurricanes defenseman Andrej Sekera will…
IRVING, TX, 2014-2-28 — /EPR Retail News/ — Michaels Stores, Inc. (the “Company” or “Michaels”) recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the Company may have experienced a data security attack. The Company is working closely with federal law enforcement and is conducting an investigation with the help…
Stockholm, Sweden, 2014-2-28 — /EPR Retail News/ — Last night (26 FEB 2014), H&M Studio, the new name for H&M’s seasonal collection of key pieces, presented its autumn 2014 catwalk show during Paris fashion week. Held at the Grand Palais in front of 600 guests, including Miranda Kerr, Jessica Alba and Solange Knowles, models such as…
Company veteran brings Finance and IT leadership to new role
STELLARTON, NS, 2014-2-28 — /EPR Retail News/ — Sobeys Inc. today announced the appointment of Clinton Keay, CA, as Executive Vice President, Finance. Mr. Keay will be responsible for leading all areas of the company’s finance function including controllership, treasury, tax management, investor relations, financial planning, internal audit and risk management.
Mr. Keay…
Krasnodar, Russia, 2014-2-28 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 48th “Magnit Family” store.
Please be informed that on February 28, 2014 the Company has opened its 48th “Magnit Family” store located at 38, 6th neighborhood unit (“Eurasia” shopping center), Tobolsk, Tyumen region, Urals federal…
Arlington , VA, 2014-2-27 — /EPR Retail News/ — The Retail Industry Leaders Association issued the following statement at the close of the Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore. RILA’s vice president for international trade was in Singapore for the talks with the twelve countries, meeting with negotiators and other stakeholders.
“Immediate duty-free market access for…
WASHINGTON, DC, 2014-2-27 — /EPR Retail News/ — The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the announcement by JPMorgan Chase & Co. that the bank will issue its Europay MasterCard Visa credit cards as PIN and Chip cards. The bank has previously issued the cards only as…
BRUSSELS, Belgium, 2014-2-27 — /EPR Retail News/ — Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announces that it has signed today an agreement with AP Mart on the sale of its Bulgarian operations.
Delhaize Group has signed an agreement with AP Mart, which is in process of registration, to divest its Bulgarian operations. The transaction…
MPPA FULL YEAR 2013 RESULTS:
REVENUE UP 16.2%
NET EARNINGS UP 115.0%
Proforma
Highlights:
· Full year gross sales of Rp12,564 billion, 16.2% over 2012
· Full year same store sales growth (SSSG) of 4.5%
· Matahari Food Business (MFB) opened a record 39 new stores in 2013, and now operates a total of 222 multi format stores
Jakarta, Indonesia, 2014-2-27 — /EPR…
Author Susan Weiner, RDN launches new release, The Complete Diabetes Organizer
Uniondale, NY, 2014-2-27 — /EPR Retail News/ — In lieu of March, National Nutrition Month, the ShopRite of Uniondale is hosting a book signing by certified diabetes educator Susan Weiner, Registered Dietitian Nutritionist on Saturday, March 1 from 11a.m.-3 p.m.. The Complete Diabetes Organizer, written by Ms. Weiner…
Help MDA this March in the Fight Against Neuromuscular Disease
Matthews, N.C., 2014-2-27 — /EPR Retail News/ — Harris Teeter is pleased to announce a partnership with the Muscular Dystrophy Association (MDA) to help the non-profit health agency raise funding to continue its mission of finding treatments and cures for neuromuscular diseases.
March 1 - March 31, Harris…
Six Weeks, $60,000 in Prizes Remain
Matthews, N.C., 2014-2-27 — /EPR Retail News/ — Last Saturday, Feb. 22, 2014, as part of Harris Teeter’s Together in Education (TIE) $100,000 Giveaway, Harris Teeter’s TIE Prize Patrol visited homes in Winston Salem, N.C. to reward our Week 4 winners. Shannon Reed won $2,950 for herself and $2,950 for Paisley…
Fourth quarter Adjusted EPS of $1.30; full-year Adjusted EPS of $4.38. Fourth quarter GAAP EPS of $0.81; full-year GAAP EPS of $3.07
Target’s U.S. operations generated fourth quarter Adjusted earnings per share of $1.30, at the high end of the updated guidance provided in January.
Canadian Segment dilution of (40) cents in the fourth quarter compares…
BESTSELLER EMPLOYEES HELPED MAKE A DIFFERENCE BY DONATING A PART OF THEIR NEW YEAR’S GIFT TO THREE HUMANITARIAN PROJECTS IN INDIA, CHINA AND AFRICA. FOLLOWING THE EMPLOYEE DONATIONS, BESTSELLER AND BESTSELLER FUND TOPPED UP THE DONATION TO THE FULL AMOUNT OF DKK 3.5 MILLION.
Brande, Denmark, 2014-2-25 — /EPR Retail News/ — The money is distributed to each…
BESTSELLER FUND HAS SIGNED A CHEQUE OF DKK 2 MILLION TO HELP DANISH REFUGEE COUNCIL DELIVER EMERGENCY AID TO THOUSANDS OF SYRIAN REFUGEES LIVING IN LEBANON.
Brande, Denmark, 2014-2-25 — /EPR Retail News/ — Emergency relief to Syrian refugees in Lebanon
BESTSELLER FUND's donation will be earmarked to deliver emergency aid to thousands of Syrian refugees in Lebanon. The…
JACKSONVILLE, Fla., 2014-2-25 — /EPR Retail News/ — Bi-Lo Holdings, LLC and Delhaize Group (Euronext Brussels: DELB – NYSE: DEG) today announced they have received approval from the Federal Trade Commission (FTC) to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from…
Donates more than $1 million worth of new clothes to survivors
SAN FRANCISCO, 2014-2-25 — /EPR Retail News/ — Old Navy announced today the donation of more than 100,000 articles of new clothing to the survivors of Typhoon Haiyan that hit the central and southern islands of the Philippines in November 2013.
“At Old Navy, we want to do…