IKEA plugged-in the expansion of Maryland’s largest rooftop solar array on distribution center in Perryville

CONSHOHOCKEN, PA, 2014-7-3 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today officially plugged-in an expansion of the solar array completed last April atop its Perryville, Maryland distribution center, the state’s largest such solar energy system. Installation of the new panels began Fall 2013, and since then have nearly doubled the size of the […]

Marks & Spencer announces changes to its Executive Team’s responsibilities that will see UK Retail & M&S International represented at Board level for the first time

LONDON, 2014-7-3 — /EPR Retail News/ — Marks & Spencer today announces a number of changes to its Executive Team’s responsibilities that will see UK Retail & M&S International represented at Board level for the first time. The changes are part of M&S’s aim to drive greater accountability and responsibility across the business and will start with […]

David Beckham introduces new styles and fresh trends to his David Beckham Bodywear range for H&M this autumn

Stockholm, Sweden, 2014-7-3 — /EPR Retail News/ — This autumn, David Beckham is introducing new styles and fresh trends to his David Beckham Bodywear range for H&M, again with a focus on comfort, fit and function. The collection launches globally on August 21 in all H&M stores that carry menswear, as well as online. “These new pieces […]

Lowe’s Companies, Inc. announces the appointment of Narayan Ram as managing director for India

BANGALORE, INDIA, 2014-7-3 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that Narayan Ram will join the Company as managing director for India, where he will be responsible for overall strategy and operations.  He will report to Lowe’s Chief Financial Officer Robert F. Hull. Ram joins Lowe’s from Sony, where he served most recently […]

NRF: Amazon.com joined the ranks of the 10 largest companies in the annual ranking of U.S. retailers by domestic sales featured STORES Magazine’s July issue

WASHINGTON, 2014-7-3 — /EPR Retail News/ — For the first time since STORES Media  began reporting on the Top 100 largest retailers in America, Amazon.com has joined the ranks of the 10 largest companies, rising to No. 9 from 11 last year. Amazon’s domestic sales increased 27.2 percent between 2012 and 2013. The annual ranking of U.S. retailers […]

British Retail Consortium research: 80% of MPs believe the current system of business rates is “not fit for purpose and in need of fundamental reform”

LONDON, 2014-7-3 — /EPR Retail News/ — New research published today by the British Retail Consortium finds that 80% of MPs believe the current system of business rates is ‘not fit for purpose and in need of fundamental reform’. The poll which also finds that 93% agree that ‘reform of business rates is an important area for the future success […]

Wesfarmers updates non-trading items expected to be included in its full-year results for the 2014 financial year

Perth, Australia, 2014-7-3 — /EPR Retail News/ — Wesfarmers provides the following update regarding non-trading items expected to be included in its full-year results for the 2014 financial year (FY2014). These non-trading items, which include the profit on sale of the Insurance division, a revision to Target’s carrying value and a provision for restructuring of Coles’ Liquor business, […]

Kimco Realty Corp. reported its transaction activity for the second quarter of 2014

NEW HYDE PARK, N.Y., 2014-7-3 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today reported its transaction activity for the second quarter of 2014. The company continued transforming its portfolio and simplifying its business model, highlighted by the acquisition of a 24-property […]

7-Eleven, Inc. and PepsiCo launch two complementary food and beverage product innovations for 7-Eleven customers this summer

Dallas, 2014-7-3 — /EPR Retail News/ — 7-Eleven, Inc. and PepsiCo today announced the national launch of two complementary food and beverage product innovations for 7-Elevencustomers this summer. The two companies are launching Doritos Loaded, a bold, new snack sensation, and Mtn Dew Solar Flare, the first-ever exclusive Mountain Dew flavor for 7-Eleven’s Big Gulp® fountain drinks. The products, currently available […]

Rite Aid Corporation announces sales results for June 2014

CAMP HILL, Pa., 2014-7-3 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for June. Monthly Sales For the four weeks ended June 28, 2014, same store sales increased 3.9 percent over the prior-year period. June front-end same store sales increased 0.9 percent. Pharmacy same store sales, which included an approximate 169 […]

J.C. Penney Company, Inc. sponsors country music star Blake Shelton’s 2014 “Ten Times Crazier” tour

Singer and Retailer to raise awareness and donations for USO Retailer continues support of military troops and families with 20 percent discount for fourth of July Holiday PLANO, Texas, 2014-7-3 — /EPR Retail News/ — J.C. Penney Company, Inc. (NYSE: JCP) today announced its sponsorship of country music star Blake Shelton’s 2014 “Ten Times Crazier” tour. As part […]