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Daily Archives: March 14, 2016

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Business Management Retail Retailer Toys

Toys“R”Us FY 2015: 25% improvement of the consolidated Adjusted EBITDA over the prior year

Consolidated same store sales grew by 2.3% for the quarter and 0.9% for the full year; Fiscal 2015 SG&A expense reduction of $322 million resulted in the lowest full year SG&A since 2006; Full year consolidated Adjusted EBITDA1 of $800 million, a 25% improvement over the prior year; Consolidated Net Leverage2 for fiscal 2015 of…
March 14, 20160Comments

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Business Management Marketing Retail Retailer

Taubman Centers executives to present at the Citi 2016 Global Property CEO Conference

BLOOMFIELD HILLS, Mich., 2016-Mar-14 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer, and Simon J. Leopold, chief financial officer, will participate in a company roundtable presentation to the investment community at the Citi 2016 Global Property CEO Conference on Monday, March 14,…
March 14, 20160Comments

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Business Food & Beverage Restaurants Retail Retailer

Grupo Vips continúa su expansión y suma ya 96 Cafeterías-Restaurantes

Móstoles, España, 2016-Mar-14 — /EPR Retail News/ — VIPS, la marca origen y buque insignia de Grupo Vips, compañía multimarca y multiformato líder del sector de la hostelería y el comercio en España, continúa su expansión y suma ya 96 Cafeterías-Restaurantes. Móstoles es el lugar elegido para la ubicación de este icónico establecimiento que está ubicado…
March 14, 20160Comments

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Business Management Retail Retailer

Kroger to present at BAML Consumer & Retail Technology Conference and Barclays Emerging Payments Forum

CINCINNATI, 2016-Mar-14 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that Rodney McMullen, Kroger's chairman and CEO, and Mike Schlotman, Kroger's executive vice president and CFO, will address investors at the following conferences next week: Tuesday, March 15: 2:40 pm ET     BAML Consumer & Retail Technology Conference Q&A Wednesday, March 16: 11:20 am ET    BAML Consumer…
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Business Financial Management Retail Retailer

Kroger declares quarterly dividend of 10.5 cents per share to be paid on June 1, 2016

CINCINNATI, 2016-Mar-14 — /EPR Retail News/ — The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 10.5 cents per share to be paid on June 1, 2016, to shareholders of record on the close of business on May 13, 2016. Kroger has delivered double-digit compound growth in its dividend since it…
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Consumer Information Food & Beverage Grocery Management Retail Retailer

Colruyt Belgium and Luxembourg, Collect&Go and OKay recall minneolas 1.5 kg packed in nets due to exceeded amount of Carbaryl insecticide

Sales period: from 7/3 to 10/3/2016 Halle, Belgium, 2016-Mar-14 — /EPR Retail News/ — During inspections of minneolas 1.5 kg packed in nets, our supplier found that the authorised amount of Carbaryl was exceeded in a specific batch of goods. Carbaryl is an insecticide. The toxic quantity is absorbed by the rind of the minneolas. Repeated and frequent…
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Food & Beverage Marketing Retail Retailer

Taco Bell launches new $1 Morning Value Menu

Not entirely groundbreaking new research coincides with announcement of new, $1 Morning Value Menu at Taco Bell IRVINE, Calif., 2016-Mar-14 — /EPR Retail News/ —  THIS JUST IN: A breakthrough new study conducted on behalf of Taco Bell reveals that consumers actually prefer spending less money than more money, Surprising no one, key highlights of the research…
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Business Management Retail Retailer

Topaz opens its newest Re.Store in Ballincollig, Co Cork

€25million investment in Ireland’s newest retail convenience concept DUBLIN, Ireland, 2016-Mar-14 — /EPR Retail News/ — Ireland’s leading fuel and convenience retailer, Topaz, has launched its newest Re.Store retail offering in Ballincollig, Co Cork, marking the 100th store opening for Ireland’s most dynamic convenience concept. Cork County footballer and local man Daniel Goulding was guest of…
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Apparel Fashion Retail Retailer

Nordstrom announces the opening of its new, relocated store at Ala Moana Center in Honolulu

SEATTLE, 2016-Mar-14 — /EPR Retail News/ — Leading fashion specialty retailer Nordstrom, Inc.opened the doors to its new, relocated store today at Ala Moana Center in Honolulu. The three-level, 186,000 square-foot store features new interior and exterior design concepts, a full-service restaurant and bar, cocktail lounge, new departments and an enhanced beauty shopping experience. The store is…
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Food & Beverage Management Philanthropy Retail Retailer

Tesco redirects millions of surplus food to charity with Community Food Connection with FareShare FoodCloud rollout

CHESHUNT, England, 2016-Mar-14 — /EPR Retail News/ — Tesco announces nationwide rollout of Community Food Connection with FareShare FoodCloud, which will redirect millions of meals of Tesco surplus food to charity by end of 2017. Tesco CEO Dave Lewis has today announced the nationwide rollout of an initiative designed to dramatically reduce the amount of food that…
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Home & Garden Home Decor Management Philanthropy Retail Retailer

IKEA supports women artisans in rural India by bringing their products in store

Conshohocken, PA, 2016-Mar-14 — /EPR Retail News/ — “There is no better route out of poverty than the opportunity for people to have a decent job. At IKEA, it’s a privilege to be able to work with social entrepreneurs that are helping make society a little bit fairer.”- Steve Howard, IKEA Chief Sustainability Officer IKEA supports…
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Healthcare Management Retail Retailer

CVS Health announces $50 million initiative to help deliver the nation’s first tobacco-free generation

WOONSOCKET, R.I., 2016-Mar-14 — /EPR Retail News/ — CVS Health (NYSE: CVS), the nation's largest pharmacy innovation company, today announced Be The First, a five-year $50 million initiative to help deliver the nation's first tobacco-free generation. Through this initiative, which is funded through CVS Health and the CVS Health Foundation, the company is extending its…
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Business Management Retail Retailer

Macerich management to present at Citi 2016 Global Property CEO Conference

SANTA MONICA, Calif., 2016-Mar-14 — /EPR Retail News/ — Macerich® (NYSE: MAC), today announced that Art Coppola, CEO and Chairman of the Board of Directors, Ed Coppola, President and Tom O'Hern, Senior Executive Vice President and Chief Financial Officer will participate in the Citi 2016 Global Property CEO Conference in Hollywood, Florida. Macerich will participate in a…
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Discounts Management Philanthropy Retail Retailer

Dollar General donates $25,000 and collects donations to support American Red Cross in its flood relief efforts

Goodlettsville, Tennessee, 2016-Mar-14 — /EPR Retail News/ — Dollar General today donated $25,000 to the American Red Cross to provide aid to individuals and communities impacted by recent floods. Additionally, all Dollar General stores across the 43 states it serves have immediately begun collecting donations to further support ongoing relief efforts by the American Red Cross. “Dollar…
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Food & Beverage Retail Retailer

Associated Food Stores launches Red Button Vintage Creamery premium pies

Local Associated Food Stores launches premium pies for Pi Day Salt Lake City, Utah, 2016-Mar-14 — /EPR Retail News/ — Associated Food Stores is bringing back the sweet, classic taste of fresh- baked pie with the launch of Red Button Vintage Creamery premium pies. The exquisite pies are a whopping four pounds and rival a traditional 9”…
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Food & Beverage Grocery Retail Retailer

Carolina Hurricanes center Victor Rask partners with Harris Teeter to debut his personally designed Signature Sub Sandwich

Raleigh, N.C, 2016-Mar-14 — /EPR Retail News/ — Rask to Sign Autographs, Sample Signature Sub Sandwich, Introduce Fans to Must-Have Meal Date:    Monday, March 21, 2016 Time:    5:30 – 6:30 p.m.                        Where: North Hills East Harris Teeter                120-100 St. Albans Dr. Raleigh, N.C. 27609 Interviews are available.  Live shots are welcomed! Monday, March. 21, 2016 Carolina Hurricanes center Victor Rask will…
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Business Malls Management Retail

CBL closes sale of 75% interest in River Ridge in Lynchburg, VA, to Liberty University

CHATTANOOGA, Tenn., 2016-Mar-14 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today announced progress on its mall disposition program. CBL closed on the sale of a 75% interest in River Ridge in Lynchburg, VA, to Liberty University. CBL received net cash proceeds of $33.5 million for the interest in River Ridge. CBL…
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