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Daily Archives: October 22, 2015

Host committee members for the NRF Foundation’s second annual Gala announced

Gala to also welcome Carl Banks of NY Giants fame and executives from American Express, DreamWorks, PwC WASHINGTON, 2015-10-22 — /EPR Retail News/ — The NRF Foundation today announced the names of several industry insiders, retail CEOs and business partners who will serve as host committee members for the Foundation’s second annual Gala. The NRF Foundation…

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Coalition of 10 associations led by NRF sent a letter to Senate in support of an amendment of the Cybersecurity Information Sharing Act of 2015

WASHINGTON, 2015-10-22 — /EPR Retail News/ — A broad-based coalition of 10 associations led by the National Retail Federation sent a letter today to Senate leadership in support of an amendment by Senator Tom Cotton to S. 754, the Cybersecurity Information Sharing Act of 2015, that would give liability protection to businesses that share cyber…

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NRF: migrating to chip-and-signature credit cards “overwhelming” for many small retailers

WASHINGTON, 2015-10-22 — /EPR Retail News/ — A gift shop owner told Congress today that making the change to chip-and-signature credit cards has been “overwhelming” for many small businesses and that owners are disappointed that without PINs they are being pressured to make an expensive investment without receiving the full level of security that could…

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RILA: Retailers express support for amendment offered by Senator Tom Cotton (R-AR) to the Cybersecurity Information Sharing Act of 2015 (CISA)

Arlington , VA,  2015-10-22 — /EPR Retail News/ —In a letter sent to Senate Majority Leader Mitch McConnell (R-KY) and Minority Leader Harry Reid (D-NV) today the Retail Industry Leaders Association (RILA), along with the Electronic Transactions Association (ETA), Food Marketing Institute (FMI), Healthcare Information Management Systems Society (HIMSS), National Association of Convenience Stores (NACS), National Association of…

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Alan B. Colberg elected to the CarMax’s board of directors

RICHMOND, Va., 2015-10-22 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) today announced that its board of directors has elected Alan B. Colberg to membership on the board, bringing its total board membership to 12. Colberg will serve on the Audit Committee. Since January 2015, Colberg, 54, has been president, CEO and director of Assurant, Inc., a global…

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The Bon-Ton Stores closes its Elder-Beerman stores in Huntington Mall in Huntington, West Virginia and Lima Mall in Lima, Ohio

YORK, Pa., 2015-10-22 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced it will close its Elder-Beerman stores in the Huntington Mall in Huntington, West Virginia and the Lima Mall in Lima, Ohio. The Company will not renew these leases, which terminate January 31, 2016. Additionally, the Company announced the closing of…

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NACS Board member congressional testimony: costs to small businesses of the transition to EMV credit and debit card technology are “staggering”

WASHINGTON, 2015-10-22 — /EPR Retail News/ — The costs to small businesses of the transition to EMV credit and debit card technology are “staggering”—averaging more than half of annual profits for convenience stores—yet the switch still represents a “missed opportunity” to further reduce fraud, according to congressional testimony by a NACS Board member. Testifying before the…

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Tracy Gardner to serve on Gap Inc. Board of Directors effective November 11, 2015

SAN FRANCISCO, 2015-10-22 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that Tracy Gardner has been elected to serve on the Gap Inc. Board of Directors, effective November 11, 2015. “With more than 30 years of experience, Tracy is an accomplished merchant, creative advisor and leader in growing multi-channel brands,” said Bob Fisher, chairman…

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Darden Restaurants, Inc’s board approved tax-free spin-off of select real estate and restaurant assets into Four Corners Property Trust, Inc

Transaction allows Darden to reduce approximately $1 billion in debt; Creates new opportunities for both companies to increase shareholder value ORLANDO, Fla., 2015-10-22 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) announced today that its board of directors has approved, subject to certain conditions, the tax-free spin-off (Spin-off) of select real estate and restaurant…

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Toys“R”Us® rolls out its 2015 holiday marketing campaign on TV, digital and print

Dual Approach Features Clever TV Spots That Capture What Really Goes on When the Toy Store is Closed, While Ads that Tug at the Heartstrings Showcase the True Spirit of the Season of Giving WAYNE, NJ, 2015-10-22 — /EPR Retail News/ — This week, Toys“R”Us® will begin to roll out its 2015 holiday marketing campaign with a fully-integrated program that…

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Whole Foods Market reopens its location in White Plains, NY on Saturday, October 24

White Plains Location to Officially Reveal New Store Renovations on October 24th, 2015 WHITE PLAINS, NY, 2015-10-22 — /EPR Retail News/ — Whole Foods Market (NASDAQ: WFM), America’s Healthiest Grocery Store®, is excited to announce the grand reopening of its location in White Plains, NY on Saturday, October 24th. Timed perfectly for the start of the Thanksgiving and…

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SUPERVALU reports 2Q fiscal 2016 net sales of $4.06 billion

Consolidated operating earnings of $94 million for Q2 fiscal 2016 Adjusted EBITDA of $166 million for Q2 fiscal 2016 Save-A-Lot sales, operating earnings and Adjusted EBITDA increase over last year's second quarter Ninth consecutive quarter of positive Save-A-Lot corporate stores ID sales MINNEAPOLIS, 2015-10-22 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today reported second quarter fiscal…

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Rite Aid’s director Jesse McCullough testified before the U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Health

Testimony Highlights Rite Aid's Efforts to Improve Health of Patients, Increase Access to High-Quality Healthcare and Lower Healthcare Costs  CAMP HILL, Pa., 2015-10-22 — /EPR Retail News/ — Emphasizing Rite Aid's commitment to patient care, Jesse McCullough, a registered pharmacist and Rite Aid's director of field clinical services, testified today before the U.S. House of Representatives…

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Auchan statements on Rana Plaza accident

Cedex, France, 2015-10-22 — /EPR Retail News/ — Following the publication in today's press regarding events subsequent to the Rana Plaza accident and reviving allegations regarding a former Dacca purchasing office employee whose contract was terminated for misconduct, Auchan wishes to assert the following ... - Firstly, Auchan restates firmly that it had absolutely no involvement…

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Thailand’s first Decathlon store opens in Bangkok

On 22 October, Thailand’s first Decathlon store opened its doors in Bangkok. In its wake, four other stores are set to launch in the capital between now and the end of November. Villeneuve-d’Ascq, France, 2015-10-22 — /EPR Retail News/ — People in Thailand are particularly passionate about football, water sports, trekking, running, road biking and golf.…

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BESTSELLER signs ‘Social and Labor Convergence Project’ facilitated by the SAC (Sustainable Apparel Coalition)

AFTER THE ANNUAL SUSTAINABLE APPAREL COALITION MEMBERSHIP MEETING IN JAPAN LAST WEEK, BESTSELLER HAS COMMITTED TO WORKING IN COOPERATION WITH LARGE INTERNATIONAL COMPANIES LIKE H&M, INDITEX, LEVI STRAUSS & CO., NIKE ETC. TO CREATE A COMMON AUDIT STANDARD FOR THE INDUSTRY. Brande, Denmark, 2015-10-22 — /EPR Retail News/ — Today (21 October 2015), many companies have…

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PT Matahari Putra Prima Tbk reopened Hypermart outlet at Royal Plaza Surabaya with the latest concept, G7

Tangerang, Indonesia, 2015-10-22 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, today has reopened Hypermart outlet at Royal Plaza Surabaya with the latest concept, G7. This outlet which come with a new appearance and a modern concept has…

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NCR Small Business president Chris Poelma will speak at Mobility LIVE! 2015

DULUTH, Ga., 2015-10-22 — /EPR Retail News/ — Chris Poelma, president and general manager of NCR Small Business, will speak at Mobility LIVE! 2015, an event that brings together key thought leaders in the mobile technology industry. The event, hosted by the Metro Atlanta Chamber, will provide attendees with insight into mobile technology standards, strategies and innovations. Poelma’s…

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Citycon to publish its Interim Report for 1 Jan – 30 Sep 2015 on Wednesday, 28 Oct

Helsinki, Finland, 2015-10-22 — /EPR Retail News/ — Citycon will publish its Interim Report for 1 January – 30 September 2015 on Wednesday, 28 October approximately at 9 am Helsinki time (Helsinki time is EET, which is CET +1). The report will be available on Citycon’s website immediately after publication. Citycon's investor, analyst and press conference…

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