Russia’s largest retailer Magnit opened its 162nd hypermarket

Krasnodar, Russia, 2014-2-21 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 162nd hypermarket of a small format. Please be informed that today the Company has opened its 162nd hypermarket of a small format located at Lenina prospect (“Boom” shopping center), Magnitogorsk, Chelyabinsk region, […]

Geek Squad, Best Buy to help more than 300 people bridge the digital literacy gap with EveryoneOn seminars this year

WASHINGTON, DC, 2014-2-20 — /EPR Retail News/ — Ricky Hester is a licensed electrician who knows full well the role computers will play as the 44-year-old advances further in his career. “That’s what this era we are living in is all about – computers,” he said. “When I went through the apprenticeship for engineering, it took five […]

NRF’s Senior VP David French comments on the Administration Leadership On Patent Trolls

WASHINGTON, DC, 2014-2-20 — /EPR Retail News/ — The National Retail Federation issued the following statement today from Senior Vice President David French before his meetings at the White House, where the administration will announce a series of steps aimed at protecting business owners and innovators from patent trolls: “The National Retail Federation credits the administration’s attention to strengthening the United States patent […]

J. C. Penney Company, Inc. to release its fourth quarter and full year 2013 financial results on Wednesday, February 26

PLANO, TX, 2014-2-20 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its fourth quarter and full year 2013 financial results on Wednesday, February 26 at 4:00 p.m. ET, followed by a live conference call and webcast conducted by Chief Executive Officer Mike Ullman and Chief Financial Officer […]

Sainsbury’s research: 85% do not know how many calories in a glass of wine

LONDON, 2014-2-20 — /EPR Retail News/ — 85% of adults do not know how many calories there are in a glass of wine according to new research released today from Sainsbury’s. The study comes as the retailer launches calorie labelling on a selection of its new own-brand wines. 85% do not know how many calories in a […]

Dana Langley Birdsong joined National Association of Convenience Stores as political relations director

ALEXANDRIA, VA, 2014-2-20 — /EPR Retail News/ — Dana Langley Birdsong has joined NACS as its political relations director.Birdsong comes to NACS after several years of running her own consulting business working with former members of Congress, federal candidates and nonprofits on fund-raising and grassroots initiatives. Prior to consulting she was director for advocacy, grassroots & political […]

Philippines: SM Prime Holdings to give warm welcome for winter Olympian and skating rink talent Michael Martinez

Pasay City, Philippines, 2014-2-20 — /EPR Retail News/ — SM Prime Holdings Inc., the property conglomerate of the SM Group of Companies, is all set to give a warm welcome for winter Olympian and homegrown skating rink talent Michael Martinez as he comes home on February 23, 2014 from a sensational performance at the Sochi Winter Olympics […]

The John Lewis Partnership: David Anderson to step down from the Board and Chair of the Partnership’s Audit and Risk Committee

LONDON, 2014-2-20 — /EPR Retail News/ — The John Lewis Partnership announces that David Anderson has decided to step down from the Board and Chair of the Partnership’s Audit and Risk Committee for health reasons. David Anderson joined the John Lewis Partnership Board in February 2011 and became Chair of its Audit and Risk Committee in […]

Wal-Mart Stores Inc. announced it is significantly accelerating its capital plan for U.S. small store format openings for the current fiscal year

BENTONVILLE, Ark., 2014-2-20 — /EPR Retail News/ — Behind a real estate strategy focused on providing the broadest selection of products and convenient access through a digitally connected, multi-format portfolio, Wal-Mart Stores Inc. (NYSE: WMT) today announced it is significantly accelerating its capital plan for U.S. small store format openings for the current fiscal year. The company […]

Intershop Communications AG announced its licensing revenues up 20% in financial year 2013

Licensing revenues grew by 105% in fourth quarter and by 20% during full financial year Total net revenues up 3% to EUR 53.6 million High investments in marketing and sales reflected in EBIT of EUR -3.2 million Jena, Germany, 2014-2-19 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), the leading independent provider of innovative omni-channel […]

RILA to partner with National Cyber-Forensics and Training Alliance (NCFTA) to enhance cybersecurity information sharing

RILA Announces Partnership With The National Cyber-Forensics And Training Alliance Arlington, VA, 2014-2-19 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) today announced a partnership with the National Cyber-Forensics and Training Alliance (NCFTA) to enhance cybersecurity information sharing and expand retailers’ proactive and vigilant approach to cyber threats to protect consumers against criminals. Partnering […]

NRF’s Tax Returns Survey: more Americans opt to stash their cash away for a rainy day

WASHINGTON, DC, 2014-2-19 — /EPR Retail News/ — Having a plethora of options for how to use their tax refunds, more Americans this year are opting to stash their cash away for a rainy day.  According to NRF’s Tax Returns Survey conducted by Prosper Insights & Analytics, 46 percent of those expecting a refund this year will […]

SRC-KPMG: Scottish retail sales up by 4.3% in January 2014

LONDON, 2014-2-19 — /EPR Retail News/ — In January 2014 total Scottish sales increased by 4.3% compared with January 2013, when they had increased by 2.1%. Like-for-like sales increased by 2.5% on last January, when they had increased by 1.1%. Taking account of shop price deflation at 1.0%, January total sales were up 5.4% in real terms. […]

Tengelmann Group establishes Tengelmann Social Ventures GmbH to invest in social entrepreneurs and businesses

Involvement in Kiddify via new Social Venture unit Mülheim an der Ruhr, Germany, 2014-2-19 — /EPR Retail News/ — As part of its e-commerce strategy, the Tengelmann Group is further expanding its commitment in this field by founding Tengelmann Social Ventures GmbH (TSV). As a sister company of Tengelmann Ventures GmbH and a 100% subsidiary of the […]

NACS “Future of Fuels” report: Gasoline to remain the dominant fuel powering light duty vehicles through 2040 but consumption and market share will shrink

ALEXANDRIA, VA, 2014-2-19 — /EPR Retail News/ — Gasoline will remain the dominant fuel powering light duty vehicles through 2040, but consumption will drop 24% and market share will shrink 14% as fuel efficiency improves and alternative fuels — led by diesel fuel — increase their penetration into the market, according to a new report released by […]

Gap rolls out its global marketing campaign “Lived-In”

Brings to Life Relaxed and Authentic Spring Collection NEW YORK, 2014-2-19 — /EPR Retail News/ — Launching today, “Lived-In,” Gap’s global marketing campaign celebrates an authentic attitude, also captured in the brand’s spring product collection featuring a modern and youthful interpretation of classic, casual styles. For years, Gap has shared its belief in the power of the […]

Major milestone for BJ’s Wholesale Club’s Feeding Communities program: 15 million pounds of nutritious food donated to local food bank since inception

Westborough, MA, 2014-2-19 — /EPR Retail News/ — Today BJ’s Wholesale Club announced that its Feeding Communities program achieved a major milestone by donating 15 million pounds of nutritious food to local food banks since the program began in November 2011.  The 15 million pounds of food equates to 12 million meals to feed people who struggle […]

Russia’s largest retailer Magnit to hold BOD Meeting on February 25, 2014

Krasnodar, Russia, 2014-2-19 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), is pleased to announce the holding of the Board of Directors meeting. On February 19, 2014 the Chairman of the Board of Directors made the decision to hold the BOD meeting on February 25, 2014 with the […]

Marks & Spencer to open flagship store located at newly renovated De Markies development in The Hague

LONDON, 2014-2-19 — /EPR Retail News/ — Marks & Spencer has today unveiled details of its flagship store located at the newly renovated De Markies development in The Hague. Marks & Spencer Chief Executive, Marc Bolland, will be joined by the UK Ambassador to the Netherlands, Sir Geoffrey Adams to officially mark the opening of the store […]

Global multimedia retailer QVC to set up shop in LA to capture the magic of awards season with three-hour live broadcast

QVC‘s Red Carpet Broadcast to Feature Elegant Fashion and Glamorous Beauty Live Broadcast from L.A. to Spotlight Star-Studded Soiree WEST CHESTER, Pa., 2014-2-19 — /EPR Retail News/ — Celebrating red carpet style for the fifth consecutive year, global multimedia retailer QVC will once again set up shop in Los Angeles to capture the magic of awards season with an […]

Kourtney, Kim and Khloé Kardashian, in collaboration with Jupi Corp, to debut designs for girls at Babies“R”Us

NEW YORK, 2014-2-19 — /EPR Retail News/ — Kourtney, Kim and Khloé Kardashian, in collaboration with Jupi Corp, will soon debut designs for girls up to 24 months at Babies“R”Us, the nation’s leading juvenile products retailer. The Kardashian Kids collection features much adored motifs including butterflies, shimmering stars and a uniquely sweet take on the Kardashian’s signature […]

ICSC / Goldman Sachs Weekly Chain Store Sales Index: retailers enjoyed strong weekly sales results thanks to Valentine’s Day

NEW YORK, 2014-2-19 — /EPR Retail News/ — Love was in the air this past week as Valentine’s Day provided a much needed sales incentive for consumers. Given this, retailers enjoyed strong weekly sales results as sales rose by a solid 2.5% for the week ending February 15, 2014, according to the International Council of Shopping Centers […]

Australia: Wesfarmers Managing Director Richard Goyder announced senior management changes within the Group

Perth, Australia, 2014-2-18 — /EPR Retail News/ — Wesfarmers Managing Director Richard Goyder today announced senior management changes within the Group. Mr Goyder said Coles Managing Director, Ian McLeod, would move to a senior role within the wider Wesfarmers Group, with John Durkan, Coles Chief Operating Officer, replacing him as Coles Managing Director. The changes will be […]

The British Retail Consortium published ground breaking ideas for the complete reform of the UK business rates system

LONDON, 2014-2-18 — /EPR Retail News/ — The British Retail Consortium has today published  The Road to Reform, a range of ground breaking ideas for the complete reform of the UK business rates system. These innovative options could ensure that customers continue to benefit from competition, provide positive incentives for retailers to invest in property, support the regeneration […]

McKesson assumes responsibility for sourcing and distribution of generic pharmaceuticals for Rite Aid in new five-year agreement

New relationship to drive greater supply chain efficiencies for both companies; ensures highest levels of service for Rite Aid stores and customers McKesson to assume responsibility for the sourcing and distribution of generic pharmaceuticals for Rite Aid as part of McKesson’s One Stop proprietary generics program Expanded distribution relationship to provide Rite Aid with daily […]

Australia: Wesfarmers released landmark publication about its extraordinary story

Perth, Australia, 2014-2-18 — /EPR Retail News/ — The extraordinary story of how a humble Western Australian farmers’ co-operative became one of the nation’s top ten companies is revealed in a landmark publication to be launched today, Tuesday, 18 February. Based on interviews with scores of past and present staff and the families of the company’s founding […]

NGA SupermarketGuru Consumer Survey: shoppers want professional support for healthier eating habits in supermarkets

The Annual National Grocers Association-SupermarketGuru Consumer Survey Reveals Shoppers Want Support to Eat Healthier Including Professionals on the Selling Floor to Guide Food-Buying Decisions.  LAS VEGAS, NV, 2014-2-18 — /EPR Retail News/ — Shoppers are spending more than half of their fresh-food dollars in supermarkets and want professionals on the shopping floor to support healthier eating habits […]

National Grocers Association announced over 3,100 grocery retailers and wholesalers attended its 2014 Show in Las Vegas’ Mirage Hotel

LAS VEGAS, NV, 2014-2-18 — /EPR Retail News/ — With record attendance and a larger expo floor, which featured six partner pavilions, the National Grocers Association (NGA) concluded its 2014 Show today. Over 3,100 independent grocery retailers and wholesalers, and other Show participants attended this year’s conference, while close to 400 industry partners displayed their latest products […]

ICSC: Olympics bring retail revival to Sochi, Russia

Sochi, Russia, 2014-2-18 — /EPR Retail News/ — Snow machines, skating rinks, ski jumps, high-speed trains and even a small army of security guards — Russia spared no expense staging the Winter Olympics in Sochi. By some estimates, the government plowed some $50 billion into the event, four times what China spent on its Summer Olympic Games. Nor […]

Hy-Vee, Inc. to acquire Omaha based Amber Pharmacy

WEST DES MOINES, IA, 2014-2-18 — /EPR Retail News/ — Hy-Vee, Inc. announced today that it has entered into an agreement to purchase Amber Pharmacy, a specialty pharmacy solutions provider based in Omaha, Neb. Hy-Vee and Amber Pharmacy have been partners in Hy-Vee Pharmacy Solutions since 2010. This acquisition allows Hy-Vee to expand its current specialty pharmacy […]