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Monthly Archives: March 2014

First British strawberries of the season now available in Sainsbury’s stores

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…

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Rite Aid Corporation to release financial results for its Fiscal 2014 Fourth Quarter on April 10, 2014

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…

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Rite Aid Corporation appoints Dedra N. Castle as Executive Vice President and Chief Human Resources Officer

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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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Ethisphere Institute recognized Gap Inc. among the World’s Most Ethical Companies for the 8th year in a row

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…

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GOME announced stronger-than-expected earnings results in 2013

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…

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Temasek Holdings acquired 24.95% in HWL’s retail division A.S. Watson Holdings for HK$44 billion

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…

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Moynat opened the doors of its first ever foreign boutique at 112 Mount Street in London

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 …

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Carrefour and Clear Channel unveiled the first of its kind virtual fitting rooms in France

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…

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Carrefour Spain rolled out “At Carrefour, everything matters!” TV campaign

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…

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Walmart kicks off this year’s largest outdoor living, lawn and garden event featuring Black Friday-like prices

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…

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Meijer announced new features to its mPerks program to help customers track savings

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…

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ShopRite stores in Hudson Valley raised over $95,000 for Maria Fareri Children’s Hospital at Westchester Medical Center

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…

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The Home Depot® Foundation launched 2nd annual Spring into Service campaign to plant edible gardens for 1,000 Homeless Veterans at Housing Facilities

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…

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Intershop and Siteworx to jointly demonstrate “experience-driven commerce” at Adobe Summit

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…

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Carrenza and Intershop launched new joint omni-channel commerce offering

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…

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Magnit announces results of its BOD meeting held on March 20, 2014

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…

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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…

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H&M to launch new Conscious and Conscious Exclusive collections using more sustainable materials

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…

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IKEA announced plans to expand the warehouse of its Detroit-area store in Canton, MI

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…

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Product recall: IKEA asks customers to bring children’s bed canopies back to any IKEA store for full refund

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,…

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