This week sees the first British strawberries of the season land in Sainsbury’s stores.
LONDON, 2014-3-26 — /EPR Retail News/ — Reaching shelves much earlier than in previous years (10 days earlier than last year’s crop), these Taste the Difference strawberries are quite literally a Dream – a variety exclusive to Sainsbury’s which is sweet and aromatic with…
CAMP HILL, Pa., 2014-3-26 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2014 Fourth Quarter, which ended March 1, 2014, on Thursday, April 10, 2014. The company will hold an analyst call at 8:30 a.m. Eastern Daylight Time (5:30 a.m. Pacific Time) with…
CAMP HILL, Pa., 2014-3-26 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced that Dedra N. Castle, a highly experienced human resources executive, is joining Rite Aid as Executive Vice President and Chief Human Resources Officer.
In this position, Castle will be responsible for all aspects of human resources, including training, recruitment, talent management,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
SAN FRANCISCO, 2014-3-24 — /EPR Retail News/ — For the 8th year in a row, Gap Inc. (NYSE: GPS) has been recognized by the Ethisphere Institute as a 2014 World’s Most Ethical Company®.
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good…
Special Dividend Declared; Dividend Payout Ratio Increased to 40%
GOME to “Build another GOME” with Open Supply Chain
Profit attributable to the owners of the parent company surged to RMB892 million, up 222.5% y-o-y
Sales revenue amounted to RMB56,401 million, up 10.4% y-o-y steadily
Consolidated gross profit margin remained at high level of 18.4%
Declaration of Special…
Special Dividend of HK$7 per share to shareholders
Hong Kong, 2014-3-24 — /EPR Retail News/ — Hutchison Whampoa Limited (HWL) is pleased to announce today the formation of a strategic alliance with Temasek by Temasek taking up an indirect equity interest of 24.95% in A.S. Watson Holdings, HWL’s retail division, for HK$44 billion.
Benefits of the Transaction
Following the completion…
LONDON, 2014-3-24 — /EPR Retail News/ — It’s London calling for Moynat, as the House opened the doors of its first ever foreign boutique on March 12.
Moynat won the hearts of the British travelers with the revolutionary Malle Anglaise (English trunk) unveiled in 1870. The ultra-light trunk instantly became an ideal companion for cross-channel voyages. Now …
Paris, France, 2014-3-24 — /EPR Retail News/ — The first of its kind in France: from 19 to 25 March, Carrefour will be treating fashion fans to a completely new experience in partnership with Clear Channel. With "My Virtual Look by Tex", which combines augmented reality and motion recognition, customers can say goodbye to the grind of…
Paris, France, 2014-3-24 — /EPR Retail News/ — A media campaign was launched last 13 March with the objective of ensuring that Carrefour Spain’s customers are fully aware of the advantages Carrefour offers them: a comprehensive offer that goes further than good prices. This is why we can say that “AT CARREFOUR EVERYTHING MATTERS.”
> The fact that…
Retailer launches Black Friday-like prices timed to the first days of spring to kick off the season
BENTONVILLE, Ark., 2014-3-24 — /EPR Retail News/ — Walmart is kicking off spring like never before with its largest outdoor living, lawn and garden event of the year, featuring Black Friday-like prices. Starting at 8 a.m. on Friday, March 21, through March…
Overall mPerks savings to customers eclipse $100 million; how much can you save
GRAND RAPIDS, Mich., 2014-3-24 — /EPR Retail News/ — Meijer today announced added features to its mPerks program that allows customers to store digital receipts from purchases in a single place and details exactly how much they’ve saved by shopping at the…
Keasbey, NJ, 2014-3-22 — /EPR Retail News/ — ShopRite stores throughout the Hudson Valley region raised more than $95,000 in support of Maria Fareri Children’s Hospital at Westchester Medical Center during the month of January this year. The donations were collected at checkout from the generous customers at ShopRite during the Together for our Childrencampaign and a…
Team Depot Associate Volunteers to Plant Edible Gardens for 1,000 Homeless Veterans at Housing Facilities across the Country
ATLANTA, 2014-3-20 — /EPR Retail News/ — Today, The Home Depot® Foundation launched its second-annual Spring into Service campaign, a season-long initiative to plant edible gardens that will provide fresh fruits and vegetables for 1,000 homeless U.S. military veterans at…
Intershop selects Siteworx as a strategic North American partner, furthering Intershop’s continued expansion of U.S. partner strategy.
Intershop and Siteworx to jointly demonstrate seamless omni-channel commerce experience using Adobe Experience Manager at Adobe Summit, March 24-28.
San Francisco, 2014-3-20 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, today announced…
London, 2014-3-20 — /EPR Retail News/ — Carrenza, major specialist in cloud based technologies and Intershop, a leading provider of omni-channel commerce solutions, have announced their partnership and the launch of a new joint offering based on their technologies and services.
The joint offering will see Carrenza take the legacy Intershop client/server application and deliver it via…
Krasnodar, Russia, 2014-3-20 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, “Issuer”; MICEX and LSE: MGNT), is pleased to announce the results of the BOD meeting held on March 20, 2014.
Please be informed that on March 20, 2014 the BOD meeting was held (minutes of the BOD meeting of OJSC “Magnit” are w/o…
Price Chopper Supermarkets hosts Kosher Open House to highlight Kosher Passover products on March 30
Colonie, NY, 2014-3-20 — /EPR Retail News/ — Just in time for Passover, Price Chopper Supermarkets will be hosting a Kosher Open House to highlight the more than 1,000 Kosher for Passover products available, provide samples from a wide variety of
Kosher for Passover products and to get cooking tips from kosher catering experts. Passover begins the…
Stockholm, Sweden, 2014-3-20 — /EPR Retail News/ — On April 10th, H&M launches its new Conscious and Conscious Exclusive collections. With two new materials, organic leather from the Swedish leather supplier Tärnsjö, and organic silk, the collections show what can be done in more sustainable materials.
“H&M is proud of its sustainability work. Conscious and Conscious Exclusive show…
CONSHOHOCKEN, PA, 2014-3-20 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced plans to expand the warehouse of its Detroit-area store in Canton, MI. As a result of this work, IKEA Canton, which opened June 2006 at 311,000 square feet in size, would grow nearly 44,000 SF to the new size…
CONSHOHOCKEN, Pa., 2014-3-20 — /EPR Retail News/ — IKEA asks customers who have a bed canopy from children’s IKEA intended to be draped around children’s cribs/beds to stop using it and bring the canopy back to any IKEA store for a full refund.
The affected bed canopies are: LEGENDARISK, MINNEN bed Canopy set, BARNSLIG BOLL, MINNEN Brodyr, HIMMEL,…