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Monthly Archives: July 2014

Home2014Monthly Archives: July 2014
Business Management Retail Retailer

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…
July 3, 20140Comments

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Business Management Marketing Retail Retailer

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…
July 3, 20140Comments

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Business Marketing Retail Retailer

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…
July 3, 20140Comments

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Business Financial Grocery Management Retail Retailer

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’…
July 3, 20140Comments

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Business Financial Malls Management Retail

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…
July 3, 20140Comments

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Convenience Stores Food & Beverage Marketing Retail Retailer

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…
July 3, 20140Comments

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Business Financial Healthcare Management Retail Retailer

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 basis…
July 3, 20140Comments

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Apparel Entertainment Marketing Philanthropy Retail Retailer

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…
July 3, 20140Comments

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Business Management Retail Retail Software Retail Solutions Retailer

Wincor Nixdorf to replace 500 information terminals at BMW Group’s German and international locations

Wincor Nixdorf to deliver 500 info terminals to auto manufacturer and handle subsequent operation Paderborn, Germany,  2014-7-2 — /EPR Retail News/ —  Wincor Nixdorf has received an order from the BMW Group to replace 500 information terminals at the automaker's German and international locations. The terminals enable the company's employees to access corporate intranet applications. In its…
July 2, 20140Comments

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Business Marketing Retail Retailer

The International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index rose by solid 1.0% in the latest week ending June 28 over the previous week

Strongest Year-Over Year Pace Since Dec. 2011 NEW YORK, 2014-7-2 — /EPR Retail News/ —  The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index rose by a solid 1.0% in the latest week (ending June 28) over the previous week. On a year-over-year basis sales increased even more rapidly posting a…
July 2, 20140Comments

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Healthcare Retail Retailer

Rite Aid pharmacists across Ohio now able to administer the MMR vaccine adults 18 and older as number of measles and mumps cases increase statewide

As Number of Measles and Mumps Cases Increase Statewide, Rite Aid Pharmacists Stand Ready to Immunize Under Governor Kasich's Emergency Order CAMP HILL, PA, 2014-7-2 — /EPR Retail News/ —  In response to the increasing number of measles and mumps cases and under Ohio Governor John Kasich's emergency order, Rite Aid pharmacists across Ohio are now able to…
July 2, 20140Comments

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Electronics Marketing Retail Retailer

Apple® announced updates to iTunes U® bringing educators and students great new tools to build and experience educational content on iPad®

Brings Course Creation, Management for Teachers & Student Discussions To iPad CUPERTINO, California, 2014-7-2 — /EPR Retail News/ —  Apple® today announced updates to iTunes U®, bringing educators and students great new tools to build and experience educational content on iPad®. Beginning July 8, teachers using the free iTunes U app can create, edit and manage entire courses…
July 2, 20140Comments

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Business Management Retail Retailer

Meijer continues its investment in the city of Detroit with groundbreaking ceremony for second supercenter at the site of the former Redford High School

GRAND RAPIDS, Mich., 2014-7-2 — /EPR Retail News/ —  Less than a year after Meijer opened a supercenter at the historical Michigan State Fairgrounds on 8 Mile Road and Woodward Avenue, the retailer continued its investment in the city of Detroit today with a formal groundbreaking ceremony for a second supercenter to be located at the site…
July 2, 20140Comments

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Business Financial Management Retail Retailer

Ingles Markets declares cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 per share on all its Class B Common Stock payable July 24, 2014

ASHEVILLE, N.C., 2014-7-2 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock.  This is an annual rate of $0.66 and $0.60 per…
July 2, 20140Comments

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Business Management Retail Retailer

REWE Group extends executive board contract of Dr. Christian Mielsch until the end of August 2018

  Köln, Germany, 2014-7-2 — /EPR Retail News/ — The supervisory board of REWE Group has prematurely extended the executive board contract of Dr. Christian Mielsch (51) by three further years. In September 2012, Dr. Mielsch was appointed to the management board of REWE Group. In this position, he was responsible for Finance, Business Administration, Information Technology, Real Estate Management…
July 2, 20140Comments

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Food & Beverage Grocery Philanthropy Retail Retailer

The Defense Commissary Agency established formal process covering diversion of unsellable but edible food to local food banks

FORT LEE, Va., 2014-7-2 — /EPR Retail News/ —  The Defense Commissary Agency has established a formal process covering diversion of unsellable but edible food to local food banks. The program now involves 110 stateside commissaries that will divert qualifying food to 77 food banks approved by the Department of Defense, but both numbers will continue to rise. "During…
July 2, 20140Comments

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