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Daily Archives: March 25, 2014

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Business Financial Management Retail Retailer

NGA President and CEO Peter J. Larkin outlined concerns with House Ways and Means Committee Chairman Dave Camp’s Tax Reform Proposal

Arlington, VA, 2014-3-25 — /EPR Retail News/ — On behalf of the National Grocers Association (NGA), Peter J. Larkin, NGA President and CEO sent a letter to House Ways and Means Committee Chairman Dave Camp (R-MI), outlining concerns with the his draft proposal to overhaul the nation's tax code. Specifically, NGA addressed the negative impacts that…
March 25, 20140Comments

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Consumer Goods Environment Food & Beverage Grocery Management Marketing Retail Retailer Technology

Tesco successfully trialed its recyclable plastic packaging to save more than million eggs from going to waste each year

Cheshunt, England, 2014-3-25 — /EPR Retail News/ — Recyclable plastic packaging that will save more than a million eggs from going to waste each year has been successfully trialed by Tesco. At the moment Tesco’s free range eggs are sold in pulp cartons and if an egg breaks in transit it can seep through the box and damage…
March 25, 20140Comments

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Business Financial Management Retail Retailer

International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index: Weekly sales slipped by 1.5% for the week ending March 22, 2014

NEW YORK, 2014-3-25 — /EPR Retail News/ — After three weekly sequential sales gains retailers experienced mixed results as retail demand varied across categories and overall was softer than the prior week.  For the week ending March 22, 2014 weekly sales slipped by 1.5%, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs…
March 25, 20140Comments

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Business Consumer Goods Discounts Management Retail Retailer

Brian D. Hancock apppointed Senior VP–Supply Chain at Family Dollar Stores

MATTHEWS, NC, 2014-3-25 — /EPR Retail News/ — Family Dollar Stores, Inc. (NYSE: FDO) today announced that it has named Brian D. Hancock to the position of Senior Vice President–Supply Chain. Mr. Hancock will report to Howard R. Levine, Chairman and CEO. "Since we opened our first store in 1959, our focus has been on providing our…
March 25, 20140Comments

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Baby Products Business Financial Management Marketing Retail Retailer Toys

Toys“R”Us CEO Antonio Urcelay and President Hank Mullany to hold special presentation for the investment community on March 26, 2014

WAYNE, NJ, 2014-3-25 — /EPR Retail News/ — Toys“R”Us, Inc. announced today that it will hold a special presentation for the investment community hosted by  Antonio Urcelay, Chairman of the Board and CEO, Toys“R”Us, Inc., and Hank Mullany, President, Toys“R”Us, U.S., to review the company’s fiscal 2013 performance and discuss its go-forward strategy.  The meeting will…
March 25, 20140Comments

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Business Consumer Goods Grocery Human Resources Management Retail Retailer

Wegmans Food Markets announced leadership team for its second store in Massachusetts at Route 9 in Chestnut Hill

NEWTON, MA, 2014-3-25 — /EPR Retail News/ — Wegmans Food Markets today announced the leadership team responsible for opening and managing the second Wegmans store in Massachusetts located on Route 9 in Chestnut Hill. The team consists of the store manager, chef, pharmacy manager, and area managers, who each oversee multiple departments in the store. The team has…
March 25, 20140Comments

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Business Financial Management Retail Retailer

Kingfisher reports full year adjusted pre-tax profits up 4.1% to £744 million

London, 2014-3-25 — /EPR Retail News/ — Full year dividend up 5% and announcing a multi-year capital return programme in 2014/15. Group Financial Summary % Total Change % Total Change % LFL* Change   2013/14 2012/13 Reported Constant currency 52 week basis Constant currency Sales* £11,125m £10,573m +5.2% +3.5%(1) +0.7% Retail profit*(2) £805m £778m +3.5% +0.7%(1) Adjusted* pre-tax profit £744m £715m +4.1% Adjusted basic EPS 23.4p 22.3p +4.9% Interim dividend 3.12p 3.09p +1.0% Final dividend 6.78p 6.37p +6.4% Full year dividend 9.9p 9.46p +4.7% Net cash* £238m £38m n/a * Throughout this release '*' indicates first instance of a term defined…
March 25, 20140Comments

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Business Furniture Home & Garden Home Decor Management Retail Retailer

IKEA US awarded its current supplier Sauder Woodworking Co. another 5 year contract

IKEA Awards Current Supplier Sauder Woodworking Co. A Five Year Contract Creating at Least 150 New Jobs Conshohocken, PA, 2014-3-25 — /EPR Retail News/ — IKEA US announced today that it has recently awarded its current supplier, Sauder Woodworking Co. of Archbold, Ohio, a 5 year contract. The partnership will create at least 150 new jobs…
March 25, 20140Comments

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Apparel Awards Business Fashion Management Retail Retailer

Ethisphere Institute recognises H&M as 2014 World’s Most Ethical Company® for the fourth time

On March 20 the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, recognised H&M as a 2014 World’s Most Ethical Company®. Stockholm, Sweden, 2014-3-25 — /EPR Retail News/ — This is the fourth time that H&M has been honored with this award, which recognises organisations that continue to raise the bar…
March 25, 20140Comments

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Consumer Goods Food & Beverage Grocery Management Retail Retailer

Mariano’s Ukrainian Village Opens at 2021 West Chicago Avenue

Ukrainian Village Store to Promote Healthy Living with Fresh, Local and Organic Foods Milwaukee, Wis., 2014-3-25 — /EPR Retail News/ — Roundy’s, Inc. (“Roundy’s”) (NYSE: RNDY), a leading grocer in the Midwest, will open its doors to Mariano’s Ukrainian Village tomorrow on Tues., March 25, at 6 a.m. Mariano’s latest store is located at 2021 West Chicago Avenue. “We are excited…
March 25, 20140Comments

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