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Monthly Archives: October 2015

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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New Starbucks store opens in London’s bustling Covent Garden district

LONDON, 2015-10-21 — /EPR Retail News/ — London’s bustling Covent Garden district has always been a place of connection and contrasts – where past meets present, design meets culture, and fashion meets entertainment. The new Starbucks store at Upper St. Martin’s Lane brings together these worlds, promoting interaction between Starbucks partners and customers. “The store is…

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Marshawn Lynch teams up with Starbucks to introduce the Beast Mode™ Frappuccino® blended beverage

SEATTLE, 2015-10-21 — /EPR Retail News/ — Marshawn Lynch approached the fun challenge of creating a new Starbucks Frappuccino® blended beverage to benefit his foundation with the same decisive action that’s made him one of the NFL’s top running backs. Lynch, sporting a Starbucks green apron in a test lab deep inside the company’s Seattle headquarters,…

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Fruit and vegetables at Tesco will stay fresher for longer as a result of new food waste initiative

CHESHUNT, England, 2015-10-21 — /EPR Retail News/ — Customers can benefit from salads and citrus fruit that will stay fresh for up to two extra days, thanks to an industry leading initiative by Tesco. Some of the most popular fruit and vegetables will stay fresher for longer as a result of Tesco cutting out a food packing…

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Carrefour now with 100 “Market” supermarkets in Romania

Carrefour Romania opened 2 new supermarkets. Timisoara, Romania, 2015-10-21 — /EPR Retail News/ — On September 30th, Carrefour inaugurated a new store in Timisoara. Market Uranus extends over a sales area of 800m², and focuses on a range of approximately 5,000 products. On October 8th 2015, Carrefour opened its first supermarket in Floresti – Cluj, bringing the…

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Amazon: Prime Now customers in Portland can now enjoy free delivery from local restaurants

Prime Now customers in Portland can now enjoy delivery from local restaurants and food carts, including Pok Pok, Sizzle Pie, Waffle Window, Luc Lac, Seres Restaurant, East India Co Grill & Bar, Kim Jong Grillin’ and many more Free delivery for a limited time on all restaurant orders SEATTLE, 2015-10-21 — /EPR Retail News/ — Amazon.com, Inc.…

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Home Retail Group announces its results for the 26 weeks to 29 August 2015

Milton Keynes, UK, 2015-10-21 — /EPR Retail News/ — Home Retail Group, the UK’s leading home and general merchandise retailer, today announces its results for the 26 weeks to 29 August 2015. Operating highlights Argos Transformation Plan progress: Substantially completed development and testing of new digital propositions – Fast Track Collection and Fast Track Delivery – which launched…

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Mark Price to step down as Managing Director of Waitrose and Deputy Chairman and to leave the Partnership on 3 April 2016

Rob Collins appointed new Managing Director of Waitrose LONDON, 2015-10-21 — /EPR Retail News/ — The John Lewis Partnership announces today that, after a 33 year career, Mark Price has set out his intention to step down as Managing Director of Waitrose and Deputy Chairman and to leave the Partnership on 3 April 2016.  Mark has…

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Sainsbury’s cuts the price of unleaded petrol and diesel by one pence per litre from 21 Oct

LONDON, 2015-10-21 — /EPR Retail News/ — From tomorrow, 21 October, Sainsbury’s is cutting the price of unleaded petrol and diesel by one pence per litre across its 300 forecourts. Until the end of October, customers can also earn ten Nectar points, instead of one, on every litre of fuel purchased, which is the equivalent…

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Balmain x H&M collection made its global runway debut on Wall Street in New York

NEW YORK, 2015-10-21 — /EPR Retail News/ — Last night on Wall Street in New York, the Balmain x H&M collection made its global runway debut in front of a celebrity-packed audience. Kylie Jenner, Diane Kruger, Rosie Huntington-Whiteley and Alexa Chung were among the guests to get an exclusive look at the glamourous, powerful and…

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DOG for DOG® pet treats now available in Tractor Supply Company stores

BRENTWOOD, TN, 2015-10-21 — /EPR Retail News/ — DOG for DOG® pet treats are now available in Tractor Supply Company stores nationwide. Tractor Supply Company (NASDAQ: TSCO) , the largest rural lifestyle retail store chain in the United States, will carry a select line of DOG for DOG natural ingredient, made-in-America treats. DOG for DOG®, a mission-based dog…

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X5 Retail group offers RUB 5 bln BO-04 series rouble-denominated bonds issued by OOO X5 Finance

Moscow, 2015-10-21 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of RUB 5 bln BO-04 series rouble-denominated bonds issued by OOO X5 Finance. The coupon rate on the bonds with oferta in 3.5 years, is set at 11.90%. The Company…

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