LONDON, 2014-8-8 — /EPR Retail News/ — Darty plc, a leading multi-channel electrical retailer, today announces that it has completed an agreement to sell its 60% shareholding in Datart International SA to SEW 1001 a,s in a deal valued at Euro 5 million.
Régis Schultz, Chief Executive of Darty, said:
"Having concluded as part of our strategic…
Guides to Second Quarter Earnings per Share Range of $0.73 to $0.74, Including Gain on Asset Sale
SAN FRANCISCO, 2014-8-8 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that July net sales for the four-week period ended August 2, 2014 increased 5 percent to $1.17 billion compared with net sales of $1.12 billion…
Fall Campaign Showcases the Brand’s Evolution and Tells the Story of Exciting Things to Come
SAN FRANCISCO, 2014-8-8 — /EPR Retail News/ — Starting today, Banana Republic is revealing a new look, anchored in the fresh styling point of view of the brand’s new Creative Director and EVP of Design, Marissa Webb. Fall signals a significant…
BRUSSELS, Belgium, 2014-8-8 — /EPR Retail News/ — Delhaize Group reports its second quarter 2014 results
Financial Summary Second Quarter 2014
» Revenue growth of 3.7% at identical exchange rates (3.7% organic growth)
» Comparable store sales growth of 3.3% in the U.S. and -1.2% in Belgium
» Group underlying operating margin of 3.4% (3.6% in the U.S., 3.2%…
LONDON, 2014-8-8 — /EPR Retail News/ — Overall shop prices reported deflation for the fifteenth consecutive month, accelerating to 1.9% in July. This is the deepest level of deflation since the series began in December 2006. Food inflation fell to 0.3% in July – the lowest ever recorded. Non-food reported deceleration in deflation of 3.3%…
MARKS AND SPENCER GROUP PLC
QUARTER 1 2014/15 TRADING STATEMENT
13 WEEKS TO 28 JUNE 2014
LONDON, 2014-8-8 — /EPR Retail News/ — ‘Womenswear in growth’
• Group sales 1 +2.3%
• UK: total sales +2.0%, like-for-like +0.3%
• GM: total sales -0.8%, like-for-like -1.5%
• Clothing: total sales +0.1%, like-for-like -0.6%
• Food 2: total sales +4.2%, like-for-like +1.7%
• M&S.com -8.1%
• International sales1 +4.7%
¹Stated on ex-VAT and constant currency basis. International sales…
Nottingham, 2014-8-8 — /EPR Retail News/ — Alliance Boots is delighted that Walgreens has exercised its option to complete the second step of its strategic transaction with Alliance Boots. The new company will be the first global pharmacy-led, health and wellbeing enterprise. The combined enterprise will be named Walgreens Boots Alliance and headquartered in the…
LONDON, 2014-8-8 — /EPR Retail News/ — By Sainsbury’s Mature Cheddar has been awarded Reserve Supreme Champion at this year’s Nantwich Cheese Festival, the biggest international cheese awards in the world.
The Sainsbury’s haul of 160 awards at the festival includes 14 trophies for Champion Cheeses and 46 Gold awards. The Reserve Supreme Champion winning by…
LONDON, 2014-8-8 — /EPR Retail News/ — Sainsbury’s has bought the remaining stake, previously held by Penguin Random House and HarperCollins UK, in the e-books platform Anobii Ltd. The deal gives the retailer full control of the company as part of its growing Sainsbury’s Entertainment digital offer.
In June 2012, Sainsbury’s bought a 64% share of…
Zaandam, the Netherlands, 2014-8-7 — /EPR Retail News/ — Ahold has repurchased 2,098,612 Ahold common shares in the period from July 28, 2014 up to and including August 1, 2014.
The shares were repurchased at an average price of € 13.0158 per share for a total consideration of € 27.32 million. These repurchases were made as part…
NEW HYDE PARK, New York, 2014-8-7 — /EPR Retail News/ — Kimco Realty Corporation (NYSE:KIM) today announced that Conor C. Flynn, the company’s Executive Vice President, Chief Operating Officer and Chief Investment Officer, has been named President of the company effective August 5, 2014.
“Conor has demonstrated extraordinary leadership in directing the strategic and operational activities…
Retail Sales Up 4.5%
NEW YORK, 2014-8-7 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 0.2% for the week ending August 2 – relative to its prior week. On a year-over-year basis, sales accelerated rapidly by 4.5% compared to the same week of…
WAYNE, NJ, 2014-8-7 — /EPR Retail News/ — Toys“R”Us, Inc. has named Chetan Bhandari Senior Vice President, Corporate Finance and Treasurer. In this capacity, Mr. Bhandari will be responsible for managing relationships with domestic and international lenders, depository banks, credit insurers and credit rating agencies, as well as overseeing the company’s global cash management, foreign exchange…
PALM DESERT, Calif., 2014-8-7 — /EPR Retail News/ — As part of its “Summer of Giving” campaign, from Aug. 3 through 16, Whole Foods Market’s Palm Desert store is raising funds and awareness for The Living Desert, an AZA-accredited zoo and garden dedicated to desert conservation.
“We are honored to be chosen by Whole Foods for this…
SEATTLE, 2014-8-7 — /EPR Retail News/ — All house-made, chef-prepared chicken dishes at Whole Foods Market stores in Oregon and Washington are now made only with organic or Non-GMO Project verified chicken. Additionally, all rotisserie chickens sold in these 15 locations are organic or Non-GMO Project verified.
Whole Foods Market works with NW Poultry in Mt. Vernon,…
PLANO, Texas, 2014-8-7 — /EPR Retail News/ — J. C. Penney Company, Inc. [NYSE: JCP] announced today that it is opening its first-ever store in Brooklyn, further increasing its New York City footprint. Located in phase two of Gateway Center, the all-new store will feature the most sought after collection of brands, as well as unique…
Two-time world champion and Target athlete Carissa Moore to defend crown in her home state
MINNEAPOLIS, 2014-8-7 — /EPR Retail News/ — Target Corp. (NYSE: TGT), along with the Association of Surfing Professionals (ASP), today announced that the retailer will be the title sponsor of this season’s Maui Women’s Pro, November 22 through December 6, 2014 in…
Donate Non-Perishable Foods at Charleston RiverDogs Home Games in August
Matthews, N.C., 2014-8-7 — /EPR Retail News/ — In partnership with the Charleston RiverDogs, Harris Teeter is hosting a food drive at the ballpark to support Lowcountry Food Bank’s hunger-relief efforts.
Volunteers will collect donations at the Riley Park Box Office on Tuesday Aug. 12 and Tuesday Aug.…
FORT LEE, Va., 2014-8-5 — /EPR Retail News/ — Kevin Hennelly has been selected as director of the equal employment opportunity office, Defense Commissary Agency officials announced. That announcement came today from DeCA Director and CEO Joseph H. Jeu. Hennelly had served as acting director of EEO from May to July.
"As an agency, we must…
MANCHESTER, UK, 2014-8-5 — /EPR Retail News/ — The British are a nation of cheese lovers, whether it’s classic cheese on toast, the all-important cheese slice on a burger, or a more sophisticated cheeseboard – but as consumers taste become more adventurous, The Co-operative Food is expanding its range, with a whole host of textures and tastes guaranteed…
Chicago, 2014-8-5 — /EPR Retail News/ — The Product Development and Management Association (PDMA), the leading advocate and comprehensive resource for product development and innovation, today announced that it has awarded the 2014 Outstanding Corporate Innovator (OCI) Award to Danish bioinnovation firm Novozymes and Seattle-based Starbucks. The companies were chosen for corporate commitment to innovation as a strategy…
Walmart President and CEO joins top U.S. and African business executives, African heads of state and the U.S. government to build relationships and strengthen business ties.
BENTONVILLE, Ark., 2014-8-5 — /EPR Retail News/ — August 5, 2014 CEO Doug McMillon spoke on a panel titled “Expanding Opportunities: The New Era For Business In Africa,” at the U.S.-Africa Business…
H&M is again topping the list of the world’s biggest users of certified organic cotton, according to Textile Exchange’s latest Organic Cotton Market Report 2013. With a 29% increase in the last year, H&M manifests its leading position. This is part of the company’s strategic target to use only more sustainable cotton by 2020.
Stockholm, Sweden, …
2013 report highlights Kimco’s commitment to energy savings and community involvement
NEW HYDE PARK, New York, 2014-8-5 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced that it has published its inaugural Corporate Responsibility Report. Over a year in the making, this publication provides a comprehensive account of Kimco’s performance on a range of social,…
Pasay City, Philippines, 2014-8-5 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported consolidated net income increase of 12% to Php5.22 billion in the second quarter of 2014 from Php4.66 billion in the same period last year, slightly higher than the 11% growth…
Arlington, VA, 2014-8-5 — /EPR Retail News/ — The National Grocers Association (NGA) announced today the opening of registration for The NGA Show, held in Las Vegas, Nevada, February 8 - 11, 2015.
"The NGA Show is exclusively designed for the independent supermarket channel offering over thirty educational workshops and general sessions geared specifically for independent grocers…
#LetsPlay Campaign Demonstrates How Toys Help Fuel Imagination and Inspire Children to Dream Anything They Want to Dream; Toy Retailer Taps Daniel Hashimoto of The ‘Action Movie Kid’ YouTube Sensation as Commercial Director
WAYNE, NJ, 2014-8-5 — /EPR Retail News/ — Toys“R”Us® today announced the details of its new brand campaign, designed in partnership with award-winning advertising agency The Escape…
BURLINGTON, MA, 2014-8-5 — /EPR Retail News/ — Wegmans Food Markets is recruiting for part-time positions for a new Massachusetts location, Burlington, which is scheduled to open Sunday, October 26 at 7:00 a.m. The company’s third location in the state is part of a shopping and dining destination located on 3rd Avenue in Burlington. The other locations are in…
CAMP HILL, Pa., 2014-8-4 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for July.
Monthly Sales
For the four weeks ended July 26, 2014, same store sales increased 4.6 percent over the prior-year period. July front-end same store sales increased 1.5 percent. Pharmacy same store sales, which included an approximate 203 basis points…
GRAND RAPIDS, Mich., 2014-8-4 — /EPR Retail News/ — It’s time to start preparing to head back to school. The Meijer Style team plans to help customers review the ABC’s of Meijer fashions.
A: Athletic influences have made their way into the season’s new fashions. Look for raglan sleeves, sweatshirt body tees and draw strings on many pieces.…