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Monthly Archives: January 2016

Macy’s Nov and Dec 2015 sales: 80% of our YoY declines in comparable sales can be attributed to shortfalls in cold-weather goods such as coats, sweaters, boots, hats, gloves and scarves

CINCINNATI, 2016-1-7 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced that its comparable sales on an owned plus licensed basis declined by 4.7 percent in the months of November and December 2015 combined, compared with the same period last year. On an owned basis, comparable sales declined by 5.2 percent in the combined November/December period. (Editor’s Note:…

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Macy’s, Inc. to reduce SG&A expense by $400 million while still investing in growth strategies

CINCINNATI, 2016-1-7 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced a series of cost-efficiency and process improvement measures to be implemented beginning in early 2016 that will reduce SG&A expense by approximately $400 million while still investing in growth strategies, particularly in omnichannel capabilities at Macy’s and Bloomingdale’s. The actions represent progress toward the…

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Award-winning Joy Mangano brand launches in Macy’s stores and on macys.com

Known for innovative products that make people’s lives easier, Joy will be carried in Macy’s stores and on macys.com starting January 2016 Joy to appear at Macy’s Herald Square on January 9 NEW YORK, 2016-1-7 — /EPR Retail News/ — Launching on Jan. 9, the award-winning Joy brand will join the roster of Macy’s Home Store,…

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Home Retail Group rejects Sainsbury’s approach for possible cash and share offer

Milton Keynes, UK, 2016-1-7 — /EPR Retail News/ — The Board of Home Retail Group plc (“Home Retail Group” or the “Company”) notes the announcement by J Sainsbury plc (“Sainsbury’s) and confirms that in November 2015 it received an approach from Sainsbury’s regarding a possible cash and share offer for the Company. Having reviewed the approach…

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Sir Charlie Mayfield, Chairman of the John Lewis Partnership: Strong Christmas trading period for the Partnership

Total sales at the John Lewis Partnership in the six weeks to Saturday 2 January were up 4.1% from the same period last year to £1,811.1m Waitrose gross sales (excluding fuel) were £859.8m, up 1.2% compared with last year and down 1.4% on a like-for-like basis John Lewis gross sales were £951.3m, up 6.9% compared…

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LVMH: Moët & Chandon has unveiled its new brand signature: THE NOW

PARIS, 2016-1-7 — /EPR Retail News/ — Captured in a pulsating and impertinent film, Moët & Chandon has unveiled its new brand signature: THE NOW. An invitation to live the present, the brand platform embodies the festive and bold spirit of the Champagne House. A new film from Moët & Chandon celebrates the youthful and thrilling…

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The Michaels Companies will participate in the 2016 ICR Conference in Orlando, Florida

IRVING, Texas, 2016-1-7 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it will participate in the 2016 ICR Conference, which will be held at the JW Marriott Orlando Grande Lakes in Orlando, Florida. Chuck Sonsteby, Chief Administrative Officer and Chief Financial Officer, is currently scheduled to present on Tuesday, January…

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BRC Chief Executive, Helen Dickinson: Prices in Britain’s shops have continued to tumble in December 2015

- Overall shop prices reported deflation of 2.0% in December from the 2.1% decline seen in November. - Food reported annual deflation of 0.3% unchanged from November's rate. - On a 12-month average basis, the Shop Price Index reported deflation of 1.7%. - Non-food deflation decelerated to 3.0% from 3.3% in November. LONDON, 2016-1-7 — /EPR Retail News/ — BRC Chief…

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Austen Jensen and Dave Koenig join Retail Industry Leaders Association (RILA) lobbying team

Two New Lobbyists To Focus On Tax And Financial Services Issues Arlington , VA, 2016-1-7 — /EPR Retail News/ — Today, the Retail Industry Leaders Association (RILA) announced the addition of two experienced professionals to its lobbying team, Austen Jensen and Dave Koenig. Both officially joined RILA on January 4. "Dave and Austen are well-versed in many of…

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Retail Associations respond to EPA proposals to update waste management regulations

Arlington , VA, 2016-1-7 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA), the Food Marketing Institute (FMI), the National Association of Chain Drug Stores (NACDS), the National Grocers Association (NGA), and the National Retail Federation (NRF), and their members (collectively, the Retail Associations) submitted comments last week in response to proposals by the…

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SaskBusiness magazine highlights Federated Co-operatives Limited’s most recent efforts to give back to the communities it serves

Saskatoon, SK, Canada, 2016-1-7 — /EPR Retail News/ — Federated Co-operatives Limited (FCL) is SaskBusiness magazine’s 2015 Business of the Year. In its December 2015 issue, the magazine highlights FCL’s most recent efforts to give back to the communities it serves. “It was FCL’s renewed and revamped focus on philanthropic projects directly affecting Saskatchewan communities that grabbed…

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Chipotle Mexican Grill, Inc. to host Q4 and full year 2015 financial results conference call on February 2, 2016

DENVER, 2016-1-6 — /EPR Retail News/ — Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced that it will host a conference call to discuss fourth quarter and full year 2015 financial results on Tuesday, February 2, 2016 at 5:00 PM Eastern time. A press release with fourth quarter and full year 2015 financial results will be…

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CarMax, Inc. begins hiring for the company’s new store in Springfield, Il

One of FORTUNE Magazine’s 100 Best Companies to Work For® is Now Accepting Applications RICHMOND, Virginia, 2016-1-6 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently hiring associates for the company’s new store in Springfield, Il. The store is scheduled to open in April 2016 at 2531…

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CarMax, Inc. to hire more than 80 employees for its new store in Buford, Georgia

One of FORTUNE Magazine’s 100 Best Companies to Work For® is Now Accepting Applications RICHMOND, Virginia, 2016-1-6 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently hiring more than 80 employees for the company’s new store in Buford, Georgia. The store is scheduled to open in February…

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The Dollar General Literacy Foundation now accepting grant proposals for adult, family, summer reading and youth literacy program

Goodlettsville, Tenn., 2016-1-6 — /EPR Retail News/ — The Dollar General Literacy Foundation is now accepting grant proposals for adult, family, summer reading and youth literacy programs.  Applications are available online at www.dgliteracy.org. Eligible organizations must be a qualified 501(c)(3) organization with a valid IRS tax ID or be a public library or school and must be…

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Meijer’s free prescription program hit 30 million prescriptions dispensed since October 2006

Retailer’s program grows year over year, saving customers more than $422 million GRAND RAPIDS, Mich., 2016-1-6 — /EPR Retail News/ — Meijer pharmacies marked a major milestone late last month when the retailer’s free prescription program hit 30 million prescriptions dispensed – 6 million alone in 2015 – since October 2006 when the program launched. The…

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Janna Potts becomes Executive VP Chief Stores Officer Target Corporation

MINNEAPOLIS, 2016-1-6 — /EPR Retail News/ — Today Target Corporation (NYSE: TGT) announced the promotion of Janna Potts to executive vice president, chief stores officer. Potts will be responsible for the leadership of Target’s 1,805 stores across the United States. Potts will replace Tina Tyler and will assume the position effective immediately. She will serve as a…

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Price Chopper store in Guilderland, NY to be converted into Market 32

Unique Layout Will Require Store to be Closed During Construction Schenectady, NY, 2016-1-6 — /EPR Retail News/ — The Golub Corporation, parent company of Price Chopper, Market Bistro and Market 32, today announced its newest project to convert the Price Chopper store located in the Hamilton Square shopping plaza at the corners of Routes 20 and 155…

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Malaysia: Giant to open six new stores and relaunch 28 existing stores nationwide

MALAYSIA, 2016-1-6 — /EPR Retail News/ — SHAH MAIM GCH Retail (Malaysia) Sdn Bhd (Giant) plans to open six new stores and relaunch 28 existing stores nationwide to provide a renewed shopping experience for customers next year. Among the six new stores to be opened are in Setapak, Kuala Lumpur, ICangar, Kedah; Kota Baru, Kelantan; and Jeneh.…

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DICK’S Sporting Goods announced its roster of more than 180 U.S. Olympic and Paralympic Contenders

The sporting goods retailer is supporting a roster of athletes on their quest to be part of Team USA PITTSBURGH, 2016-1-6 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS), the official sporting goods retail sponsor of Team USA, announced today its roster of more than 180 U.S. Olympic and Paralympic Contenders being supported by the Company…

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Evolution Fresh: Share Your Health and Wellness Activities on Twitter, Instagram or Facebook For A Chance to Win Prizes

SEATTLE, 2016-1-6 — /EPR Retail News/ — The New Year is here, and along with it comes a host of new ways to eat, drink and improve wellness. Evolution Fresh, and its founder Jimmy Rosenberg, have a few ideas to help turn 2016 into the healthiest year yet. Turn It Around Sometimes doing a little can mean a lot.…

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Starbucks Coffee Passport made available to coffee lovers around the globe in a digital form

SEATTLE, 2016-1-6 — /EPR Retail News/ — An enduring coffee tasting guide used by Starbucks partners (employees) is brought to life in a digital form and made available to coffee lovers around the globe. Company-issued print editions of the Starbucks Coffee Passport have been carried around by baristas since it was introduced in the early 1990s.…

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InvenTrust divests its student housing platform University House for $1.4 Billion to UHC Acquisition Sub LLC

Positions InvenTrust to Become a Pure-Play Retail REIT Transaction Expected to Close in Mid-2016 OAK BROOK, Ill., 2016-1-5 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”) today announced that it has entered into a definitive purchase agreement (“Purchase Agreement”) with UHC Acquisition Sub LLC, a subsidiary of a joint venture formed between…

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JJX Logistics signs five-year lease with London & Cambridge Properties

LONDON, 2016-1-5 — /EPR Retail News/ — A West Midlands logistics and warehouse company is on the first step of a major expansion plan after more than doubling its space. JJX Logistics is adding the finishing touches to Building 40, The Pensnett Estate, Kingswinford, after agreeing a five-year lease with London & Cambridge Properties (LCP), which…

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The Bon-Ton Stores, Inc. invites local groups to sign up for the company’s semi-annual Community Days event

Groups Can Raise Funds by Selling Community Days Booklets Through February 27 MILWAUKEE, 2016-1-5 — /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, invites local schools and non-profit groups to sign up for the company's semi-annual Community Days event. Local groups are invited…

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Bonmarché awarded one-star accreditation from Best Companies and shortlisted in the Top 25 Best Companies to Work For List

Bonmarché shortlisted in the Best Companies “Top 25 Best Companies to Work For” Wakefield, England, 2016-1-5 — /EPR Retail News/ — Bonmarché has been awarded a one-star accreditation from Best Companies, the employee engagement specialists, and simultaneously has been shortlisted in the Top 25 Best Companies to Work For List. The winners of the award will be…

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Staples helps small businesses succeed and grow in the New Year with the launch of Quick Wins app

Small Businesses Want Help Getting Metrics on Track, Not Sure What to Focus on To Ensure Success, according to Staples Survey FRAMINGHAM, Mass., 2016-1-5 — /EPR Retail News/ — Staples (NASDAQ: SPLS) today announced the launch of its Quick Wins app to help small businesses succeed and grow in the New Year. The Quick Wins app offers…

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People’s Choice Award for Favorite Humanitarian, presented by Walgreens to be awarded to Ellen DeGeneres

LOS ANGELES, CA, 2016-1-5 — /EPR Retail News/ — The People’s Choice Awards and CBS announced today that Ellen DeGeneres will receive the fourth annual People’s Choice Award for Favorite Humanitarian, presented by Walgreens, during the live awards show from the Microsoft Theater on Wednesday, January 6th, 2016 (9:00-11:00 PM, ET/delayed PT) on the CBS Television…

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Starbucks Canada introduces Evolution Fresh™/mc cold-pressed, HPP juices to customers nationwide

High-quality cold-pressed, high pressure processed (HPP) juices now widely available to Canadians TORONTO, 2016-1-5 — /EPR Retail News/ — Today, Starbucks Canada introduces high-quality, delicious and nutritious Evolution Fresh™/mc cold-pressed, HPP juice to customers at more than 1,300 participating stores nationwide. The introduction of Evolution Fresh will make Starbucks Canada one of the largest distributors of cold-pressed HPP…

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