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Daily Archives: November 18, 2015

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Business Retail Retailer

SRC-KPMG: Scottish retail sales decreased by 2.4% in Oct 2015 vs the same month last year

In October 2015, total Scottish sales decreased by 2.4% compared with October 2014, when they had declined by 1.2%. Like-for-like sales decreased by 2.8% on last October, when they had decreased by 2.7%. Adjusted for deflation measured by the BRC-Nielsen Shop Price Index (SPI), total Scottish sales decreased by 0.6%. Total Food sales were 3.2%…
November 18, 20150Comments

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Business Financial Management Retail Retailer Technology

RILA applauds state attorneys general’s letter to America’s largest banks and card networks urging the adoption of chip and PIN technology

Arlington , VA, 2015-11-18 — /EPR Retail News/ — ​​​The Retail Industry Leaders Association (RILA) issued the following statement after nine state attorneys general sent a letter to the CEOs of America's largest banks and card networks urging the adoption of chip and PIN technology in the United States. In the letter, state AGs rebut a number of…
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Business Financial Management Retail Retailer

DDR Corp. determines final conversion price for its 1.75% Convertible Notes due 2040

BEACHWOOD, Ohio, 2015-11-18 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that it has determined the final conversion price for its 1.75% Convertible Notes due 2040 (the "notes"). As previously announced, the notes became convertible on October 6, 2015 when DDR issued its notice of redemption with respect to the notes (as…
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Management Retail Retailer

Reed MIDEM confirms that the international retail property market MAPIC will open for business in Cannes as scheduled

PARIS, 2015-11-18 — /EPR Retail News/ — Reed MIDEM today confirms that MAPIC, the international retail property market, will open for business in Cannes as scheduled and take place November 18-20, 2015. Air and rail transport is operating, the Palais des Festivals MAPIC venue is open and security measures have been reinforced across France. The build-up…
November 18, 20150Comments

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Gifts Marketing Online Retailers Online Shopping Retail Retailer

The Bon-Ton Stores launches exclusive online holiday gift guide

Win $15,000 in Prizes by Entering the Very Merry Gift Guide and Sweepstakes Beginning December 1 MILWAUKEE, 2015-11-18 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) which operates Bon-Ton, Boston Store, Bergner's, Carson's, Elder-Beerman, Herberger's and Younkers stores, has fashionable gifts for everyone on your list this holiday season. We want to make shopping…
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Consumer Information Food & Beverage Management Retail Retailer

USDA FSIS: Tyson Foods Inc. recalls 52,486 pounds of chicken wing product due to possible adulteration

WASHINGTON, 2015-11-18 — /EPR Retail News/ — Tyson Foods Inc., a Pine Bluff, Ark. establishment, is recalling approximately 52,486 pounds of chicken wing product that may be adulterated because of having an “off odor” scent, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The fully cooked buffalo style chicken wing section item…
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Marketing Retail Retailer Technology

eBay’s Interactive Holiday Map provides insights on this season’s consumer trends

Get instant views of the top bought holiday items across North America. San Jose, California, 2015-11-18 — /EPR Retail News/ — With the busy holiday shopping season upon us, eBay’s detailed troves of data are already providing unique insights on this season’s consumer trends. From trending toys to the hottest electronics and fashion choices, you…
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Management Retail Retailer

Lindex opens in Nordic region’s largest shopping center Mall of Scandinavia

Lindex has opened in Mall of Scandinavia, the Nordic region’s largest shopping center with 224 shops and restaurants, across over 101,000 square meters. Gothenburg, Sweden, 2015-11-18 — /EPR Retail News/ — Lindex store has one of the mall’s most central locations and an area of 830 square meters. The shop is one of the fashion chain’s largest…
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Business Management Retail Retailer

Zalando to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018

Zalando is planning the extension of its existing office space to a campus in the Berlin district Friedrichshain/ Kreuzberg with around 100,000 square meters Core will be a seven-story building designed by the architectural firm Henn The official groundbreaking ceremony for Zalando’s new headquarters will follow in Q2 2016 BERLIN, 2015-11-18 — /EPR Retail News/…
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Business Financial Management Retail Retailer

Hudson’s Bay Company sells total of $533 million of its equity in HBS Global Properties to three third party investors

Proceeds to be used to reduce debt TORONTO & NEW YORK, 2015-11-18 — /EPR Retail News/ — (All amounts in US dollars) - Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC) is pleased to announce that it has sold a total of $533 million of its equity in HBS Global Properties, HBC's real estate joint venture with…
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Business Financial Management Retail Retailer

HBS Global Properties announces the sale of $533 million of equity to three new investors

New investment values HBS Global Properties' portfolio at US$4.5 billion(1)(2) NEW YORK, LOS ANGELES & COLOGNE, Germany, 2015-11-18 — /EPR Retail News/ — (All amounts in US dollars) - HBS Global Properties, the real estate joint venture between Hudson's Bay Company ("HBC") (TSX: HBC) and Simon Property Group Inc. ("Simon") (NYSE: SPG), is pleased to announce the…
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Business Management Retail Retailer

Kohl’s Department Stores appoints Sona Chawla Chief Operating Officer

MENOMONEE FALLS, Wis., 2015-11-18 — /EPR Retail News/ — Kohl’s Department Stores (NYSE: KSS) today announced the appointment of Sona Chawla to the newly created position of Chief Operating Officer, reporting directly to Kohl’s chairman, chief executive officer and president Kevin Mansell. Chawla, who will join Kohl’s onNovember 30, will have leadership responsibility for Kohl’s full omnichannel…
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Business Financial Management Retail Retailer

The TJX Companies, Inc. announces sales and earnings results for Q3 ended October 31, 2015

FRAMINGHAM, Mass., 2015-11-18 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the third quarter ended October 31, 2015. Net sales for the third quarter of Fiscal 2016 increased 5% to $7.8 billion…
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Business Management Marketing Restaurants Retail Retailer Technology

METRO Start-up Study 2015 shows digital tools continually gaining importance among restaurateurs and customers

METRO Start-up Study 2015 investigates the demand for digital tools and services in the hotel and food service industries Young adults in particular want more digital services, like the option to reserve tables and pay via smartphone in restaurants and cafés Business owners’ use of digital tools is so far largely limited to image-building and…
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Business Environment Management Retail Retailer

Walmart announces the completion of commitments to reduce 20m metric tons of greenhouse gas emissions and expanded commitment to preserve wildlife habitat

Company celebrates 10 years of progress towards aspirational sustainability goals at Milestone Meeting, announces new commitment to preserve wildlife habitat BENTONVILLE, Ark., 2015-11-18 — /EPR Retail News/ — In front of an audience of associates, suppliers and nonprofit organizations at its Global Sustainability Milestone Meeting, Walmart today announced the completion of commitments to reduce 20 million metric…
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Food & Beverage Management Marketing Retail Retailer

Teavana stores receive makeovers to create special experience for tea connoisseurs

SEATTLE, 2015-11-18 — /EPR Retail News/ — A team of Teavana and Starbucks partners (employees) have created a special experience for tea connoisseurs in two Seattle-area locations. “We selected one of our Teavana stores and completely transformed the customers experience,” said Dan Karches, director, Marketing and Category for Teavana. “A tight partnership between tea, design and merchandise…
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Electronics Food & Beverage Marketing Retail Retailer Technology

Starbucks Coffee Korea launches new Starbucks® app on the Samsung Gear S2 smartwatch

Seoul, Korea, 2015-11-18 — /EPR Retail News/ — Starbucks Coffee Korea today launched the new Starbucks® app on the Samsung Gear S2 smartwatch. Through the pre-loaded Starbucks® app, customers in Korea can track their My Starbucks Rewards™ status and pay for Starbucks purchases directly from the wearable device. This marks the company’s first Starbucks® app on a…
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Discounts Management Marketing Retail Retailer

Amazon.com announces holiday deals starting on November 20-27

Enjoy new deals every five minutes starting Friday, November 20 through Friday, November 27 Effortlessly keep tabs on top deals from anywhere with new “Watch A Deal” feature SEATTLE, 2015-11-18 — /EPR Retail News/ — (NASDAQ:AMZN)—Amazon.com today announced holiday deals start on Friday, November 20, with new deals added as often as every five minutes for…
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Entertainment Retail Retailer

Netflix to premiere new action adventure drama series Frontier exclusively in 2016

Beverly Hills, Calif., 2015-11-18 — /EPR Retail News/ — Netflix, the world’s leading internet TV network, announced that Frontier, a new action adventure drama series starring Jason Momoa (Game of Thrones, Batman vs. Superman: Dawn of Justice) and from co-creators Rob Blackie (Republic of Doyle) and Peter Blackie (Majumder Manor) and director Brad Peyton (San…
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Management Philanthropy Retail Retailer

Lowe’s to give $25,000 each to 4 U.S. public schools through its student letter-writing campaign on ways to improve their school

MOORESVILLE, N.C., 2015-11-18 — /EPR Retail News/ — Thanks to students who put their writing skills and imaginations to the test to highlight the needs of their schools, four public schools across the U.S. will each receive a $25,000 grant from Lowe’s and its Charitable and Educational Foundation.  The winning schools were announced today after…
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Business Financial Management Retail Retailer

The British Land Company PLC reports its Half Year 2015/16 Results

The British Land Company PLC Half Year Results LONDON, 2015-11-18 — /EPR Retail News/ — Chris Grigg, Chief Executive said: “We are reporting another strong set of results. In recent years we have positioned our portfolio to benefit from long-term macro trends. This focus has underpinned our performance in the last six months where we have…
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Business Financial Management Retail Retailer

The Home Depot® reports $21.8 billion sales in Q3 of fiscal 2015; 6.4% increase YoY

ATLANTA, 2015-11-18 — /EPR Retail News/ — The Home Depot®, the world's largest home improvement retailer, today reported sales of $21.8 billion for the third quarter of fiscal 2015, a 6.4 percent increase from the third quarter of fiscal 2014. Comparable store sales for the third quarter of fiscal 2015 were positive 5.1 percent, and comp sales…
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Business Financial Management Retail Retailer

Asda reports its third quarter trading figures for 2015

LEEDS, England, 2015-11-18 — /EPR Retail News/ — Asda today reported its third quarter trading figures for 2015, posting a 4.5% fall in like-for-like sales for the 13 weeks to 30th September. Speaking in London today, Asda President and CEO Andy Clarke said: “There’s no doubt this represents another challenging quarter. Sales volumes remain under pressure…
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Consumer Information Gifts Marketing Retail Retailer

NRF’s Gift Card Spending Survey reveal that those planning to buy gift cards will spend slightly less on average this year

WASHINGTON, 2015-11-18 — /EPR Retail News/ — While gift cards remain the most requested holiday gift, they seem to have fallen off consumers’ shopping lists this year. Torn between the love of a great deal and settling for a gift card, the latest National Retail Federation’s Gift Card Spending Survey found that those planning to buy gift…
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Business Financial Management Retail Retailer Technology

NRF welcomed attorneys general’s call to credit card companies on the use of personal identification numbers with the new chip-based credit cards

Letter Calls PIN ‘Gold Standard’ for Card Security WASHINGTON, 2015-11-18 — /EPR Retail News/ — The National Retail Federation today welcomed a letter sent by nine attorneys general to the nation’s top credit card companies and banks calling for the use of personal identification numbers rather than signatures to approve purchases made with new chip-based credit cards. “This…
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Food & Beverage Restaurants Retail Retailer

Starbucks Coffee Company and food-service organization Albron open Starbucks branch at the University of Twente campus

ENSCHEDE, THE NETHERLANDS, 2015-11-18 — /EPR Retail News/ — Today (13 November 2015), Starbucks Coffee Company and food-service organization Albron are jointly opening a new Starbucks branch at EDU-Café, which is located at the Education and Research square of the University of Twente (UT) campus. The UT campus is a meeting place for international pioneers and entrepreneurs,…
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Business Management Retail Retailer

Haggen receives court approval for two purchase agreements on certain assets with Gelson’s Markets and Smart & Final LLC.

Haggen Receives Approval of Sale of Stalking Horse Bidder Packages and Announces Auction Results Bellingham, Wash, 2015-11-18 — /EPR Retail News/ — Haggen today announced that the U.S. Bankruptcy Court for Delaware in Wilmington confirmed the sale of certain stores. The Court approved two separate purchase agreements for certain assets with Gelson’s Markets and Smart &…
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Consumer Information Food & Beverage Grocery Management Retail Retailer

Wegmans Food Markets recalls Wegmans Italian Classics Butternut Squash Ravioli due to undeclared cashews and almonds

ROCHESTER, NY, 2015-11-18 — /EPR Retail News/ — Wegmans Food Markets, Inc. is recalling Wegmans Italian Classics Butternut Squash Ravioli, 9 oz. (UPC #77890 36434), because the product may contain undeclared cashews and almonds. People who have an allergy or severe sensitivity to cashews or almonds run the risk of serious or life-threatening allergic reaction if they…
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Gifts Marketing Retail Retailer

Dollar General helps customers stretch their budget this holiday season

Major retailer provides product assortment to save customers time and money this holiday Major retailer provides savings on popular gift options, electronics, entertaining supplies and food with weekly specials, discounts and digital coupons to help customers further stretch their budget this holiday season. Dollar General offers a wide selection of toys, of which 70 percent…
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Management Retail Retailer

Dollar General begins construction on its new distribution center in Janesville, Wisconsin

New Distribution Center is expected to create more than 550 jobs in Rock County Goodlettsville, Tenn., 2015-11-18 — /EPR Retail News/ — Dollar General Corporation (NYSE:DG) announced it has begun construction today on its new state-of-the-art distribution center in Janesville, Wisconsin. It will be the 14th facility in the retailer’s growing distribution network. At full capacity, the approximately one…
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