J. C. Penney Company, Inc. granted equity inducement award of 223,964 restricted stock units to its EVP & CFO Edward Record

PLANO, Texas, 2014-5-22 — /EPR Retail News/ — In accordance with the New York Stock Exchange rules regarding equity inducement awards, J. C. Penney Company, Inc. (NYSE: JCP) announced that on May 20, 2014, an equity inducement award of 223,964 restricted stock units (RSUs) was granted to Edward Record, the Company’s Executive Vice President and Chief Financial […]

Target Corporation announces $418 million net earnings on its First Quarter 2014 report

First quarter Adjusted EPS of $0.70; GAAP EPS of $0.66 First quarter Adjusted EPS of 70 cents was above the mid-point of Target’s prior guidance of 60 cents to 75 cents. Target’s U.S. comparable sales decreased (0.3)% in the first quarter, near the high end of the expected range. Canadian Segment sales were $393 million, […]

Target Corporation partners with luxury fashion brand Altuzarra

Limited-edition collection to include apparel, accessories and shoes for the modern, sophisticated woman MINNEAPOLIS, 2014-5-22 — /EPR Retail News/ — Target Corporation (NYSE:TGT) today announced it is partnering with Altuzarra – a luxury fashion brand known for merging femininity, sophistication and practicality – on a limited-edition collection of women’s ready-to-wear, accessories and shoes. The collection will be […]

Kristi Argyilan appointed SVP Media and Guest Engagement at Target

MINNEAPOLIS, 2014-5-22 — /EPR Retail News/ — Today Target Corp. (NYSE: TGT) announced it has further strengthened its marketing organization with the hiring of Kristi Argyilan as senior vice president, media and guest engagement. Argyilan joins the company effective June 2 and will be responsible for leading and integrating the company’s paid, earned, owned and shared media […]

Darty plc announces trading update for the fourth quarter period from 1 February 2014 to 30 April 2014 and for the financial year ended 30 April 2014

London, UK, 2014-5-22 — /EPR Retail News/ — Darty plc today announces a trading update for the fourth quarter period from 1 February 2014 to 30 April 2014 and for the financial year ended 30 April 2014, based on unaudited management accounts. Reflecting the evolving structure of the Group, all trading data for the prior quarters for […]

The Defense Commissary Agency: Scholarships for Military Children program awards $1.2 million to six hundred children from the military community

FORT LEE, Va., 2014-5-22 — /EPR Retail News/ — Six hundred children from the military community are receiving about $1.2 million in financial assistance thanks to this year’s Scholarships for Military Children program. Since its start in 2001, the Scholarships for Military Children program has awarded about $14.5 million in scholarships to more than 8,000 children […]

Hy-Vee Homefront to hold next Round Up fundraiser in its stores over Memorial Day weekend, May 23 – 26, 2014

Next ‘Round Up’ fundraiser in Hy-Vee stores Memorial Day weekend from May 23-26 WEST DES MOINES, IA, 2014-5-22 — /EPR Retail News/ — Hy-Vee Homefront, Hy-Vee’s veteran support initiative, will hold its next Round Up event in all of its stores over Memorial Day weekend, May 23 – 26, 2014. Customers will be able to round […]

Tesco becomes the first retailer in the UK to remove sweets and chocolates from checkouts

First major retailer in the UK to remove confectionery from checkouts across the full range of store formats, including smaller Metro and Express stores Move follows research that found nearly two-thirds of shoppers said removing confectionery from checkouts would help them make healthier choices News coincides with publication of Tesco’s second ‘Tesco and Society’ report, […]

Walmart’s Veterans Welcome Home Commitment hired more than 42,000 veterans during its first year

The Walmart Foundation pledges another $20 million to expand veteran employment and transition support programs BENTONVILLE, Ark.,  2014-5-22 — /EPR Retail News/ — During the first year of Walmart’s Veterans Welcome Home Commitment it hired more than 42,000 veterans.  The commitment, launched last Memorial Day, guarantees a job offer to any honorably discharged veteran within his […]

Michael A. Tummillo named Lowe’s SVP/General Merchandising Manager, Building And Maintenance

MOORESVILLE, N.C., 2014-5-22 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that Michael A. Tummillo has been promoted to senior vice president and general merchandising manager-building and maintenance, replacing Michael P. McDermott, who was recently named chief merchandising officer.  Tummillo is responsible for the Lumber & Building Materials, Millwork, Tools & Hardware and […]