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Monthly Archives: April 2016

Rite Aid Corporation announces operating results for its fourth quarter and fiscal year ended February 27, 2016

Revenues of $8.3 Billion for the Fourth Quarter, Up 20.8 Percent Year-Over-Year and $30.7 Billion for the Full Year, Up 15.9 Percent Year-Over-Year  Fourth Quarter Adjusted Net Income Per Diluted Share of $0.07, Compared to the Prior Yearof $0.06; Full Year Adjusted Net Income Per Diluted Share of $0.23, Compared to the Prior Year  of $0.27  Fourth…

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Raiffeisenbank Straubing eG has selects Wincor Nixdorf to renew and modernize its branch network

Paderborn, Germany, 2016-Apr-09 — /EPR Retail News/ — In the course of its plans to renew and modernize its branch network, Raiffeisenbank Straubing eG has chosen Wincor Nixdorf to create the concept. Implementation of the new concept began in Salching, where Wincor Nixdorf’s Branch & Store Modernization unit has converted the bank’s branch from a classic…

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Citi ThankYou Points can now be used to purchase on BestBuy.com

Minneapolis, MN, 2016-Apr-09 — /EPR Retail News/ — Forget checking the couch cushions for spare change. It’s time to check your credit card rewards balance for unused points instead. Best Buy customers can now use Citi ThankYou Points to pay for all or a portion of most purchases made on BestBuy.com, making it easy and convenient to…

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Best Buy expands its test of same-day delivery service to 13 major metro markets across the United States

Minneapolis, MN, 2016-Apr-09 — /EPR Retail News/ — Want to get your hands on the latest technology — or everyday must-haves like printer ink — quickly but don’t have time to stop by a store? Best Buy has good news for you. The company announced Wednesday that it’s expanding its test of same-day delivery service to 13…

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Wider selection of Maytag appliances now available at Best Buy

Minneapolis, MN, 2016-Apr-09 — /EPR Retail News/ — Best Buy’s family of appliances is getting a bit bigger. We will be selling Maytag appliances — including a French door refrigerator, front-load washer, 10-cycle dryer and stainless steel gas range — at more than 600 stores later this week. The products are already available at BestBuy.com. Maytag is a longstanding…

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BRC – NIELSEN March 2016: This month shoppers can celebrate three years of falling non-food prices

BRC – NIELSEN SHOP PRICE INDEX – MARCH 2016 NON-FOOD PRICES FALL FOR 36TH CONSECUTIVE MONTH Period Covered: 07 – 11 March 2016 - Overall shop prices reported deflation of 1.7% in March from the 2.0% decline in February. - Non-food deflation rose to 2.6% in March from the 3.0% fall in February. - Food deflation remained at 0.4% for…

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SONIC® Drive-In to create the SONIC Square Shake inspired by SONIC’s new line of Creamery Shakes designed for Instagram

America's Drive-In creates #SquareShakes, inspired by new Creamery Shake line and perfect for photographing and sharing on Instagram OKLAHOMA CITY, 2016-Apr-07 — /EPR Retail News/ — In a first-of-its-kind partnership, SONIC® Drive-In (NASDAQ: SONC) is collaborating with Instagram celebrity chef, @ChefJacquesLaMerde, and a group of renowned Instagram design influencers to create the SONIC Square Shake inspired by…

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Starbucks Corporation to release its Q2 FY 2016 financial results on Thursday, April 21, 2016

SEATTLE, 2016-Apr-07 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) plans to release its second quarter fiscal year 2016 financial results after the market close on Thursday, April 21, 2016, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay…

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Starbucks Philippines shared coffee knowledge with consumers at the Coffee Appreciation Festival in Shangri-La Plaza

MANILA, PHILIPPINES, 2016-Apr-07 — /EPR Retail News/ — The key to appreciating good coffee lies in knowing the story and art involved in creating every cup. Recently, Starbucks Philippines shared coffee knowledge with consumers at the company’s Coffee Appreciation Festival, which took place at the Grand Atrium in Shangri-La Plaza. This two-day exploration showcased the origins of…

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Starbucks next Roastery location will be in New York City

SEATTLE, 2016-Apr-07 — /EPR Retail News/ — Today, Starbucks (NASDAQ: SBUX) announced that its next Roastery location will be in New York City in the heart of the Meatpacking District at 61 Ninth Avenue, which is currently under development. Scheduled to open in 2018, this New York location will get inspiration from the first Starbucks Reserve® Roastery and Tasting…

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Marks and Spencer Group’s Q4 2015/16: Food sales continue to outperform the market

LONDON, 2016-Apr-07 — /EPR Retail News/ — Marks and Spencer Group Plc Quarter 4 2015/16 Trading Statement 13 Weeks to 26 March 2016    ‘Another good quarter in Food; more to do in Clothing and Home’ Food sales continue to outperform the market Sales +4.0%; LFL +0.0%; grew market share to 4.3% New store opening programme performing ahead of expectation Significant…

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Tesco to invest £6 million to help support British agriculture

CHESHUNT, England, 2016-Apr-07 — /EPR Retail News/ — Tesco has today announced that it will invest £6 million over two years to help support British agriculture. The retailer has created the new Tesco Cheese Group (TCG), which will guarantee dairy farmers an above market price for the milk they produce for Tesco’s British own-label Mild, Medium, Mature,…

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New high quality variety of English grown asparagus will soon be on sale at Tesco

CHESHUNT, England, 2016-Apr-07 — /EPR Retail News/ — A new high quality variety of English grown asparagus, which has been causing a sensation with gourmets, will soon be on sale - one week earlier than usual. Only launched in 2012 Jubilee asparagus, which is grown exclusively for Tesco in Herefordshire, is an early season variety with a…

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Amazon expands Prime FREE Same-Day Delivery to 11 New Metro Areas

Prime members in Charlotte, Cincinnati, Fresno, Louisville, Milwaukee, Nashville, Raleigh, Richmond, Sacramento, Stockton, and Tucsoncan now enjoy unlimited Prime FREE Same-Day Delivery Over a million items available in more than 1,000 cities and towns nationwide SEATTLE, 2016-Apr-07 — /EPR Retail News/ — (NASDAQ:AMZN) -- Amazon today announced the expansion of Prime FREE Same-Day Delivery to…

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Sears introduces its “Meet With An Expert” service to the Lawn and Garden department just in time for spring

Launch Coincides with Sears' First-Ever "Spring It On Black Friday" Event HOFFMAN ESTATES, Ill., 2016-Apr-07 — /EPR Retail News/ — Just in time for spring, Sears has expanded its "Meet With An Expert" service to the Lawn and Garden department to help shoppers make more informed outdoor equipment purchases. This free service lets online shoppers save time…

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Douglas W. Sesler joins Macy’s, Inc. as EVP for real estate

CINCINNATI, 2016-Apr-07 — /EPR Retail News/ — Douglas W. Sesler, a recognized leader in real estate investments, restructurings, strategic transactions and portfolio management, will be joining Macy’s, Inc. (NYSE:M) as executive vice president for real estate, effective tomorrow. At Macy’s, Inc., Sesler will oversee the company’s real estate function and lead high-priority initiatives to increase shareholder value…

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Sainsbury’s replaces its Brand Match scheme with lower regular prices

LONDON, 2016-Apr-07 — /EPR Retail News/ — Sainsbury’s is reinforcing its commitment to offer great products and services at fair prices by replacing its Brand Match scheme with lower regular prices on products that matter most to customers. The move is a further step in Sainsbury’s pricing strategy to lower regular prices and reassure customers they will…

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British-grown Asparagus now available at Sainsbury’s stores

LONDON, 2016-Apr-07 — /EPR Retail News/ — British-grown Asparagus will be reaching selected Sainsbury’s stores from today. These first British asparagus tips, grown by Lichfield-based New Farm Produce Ltd, have been harvested by hand and will be delivered to selected stores in time for customers to enjoy this weekend. Sainsbury’s asparagus is expected to be 100% British…

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Waitrose launches new Garden Power campaign

Waitrose encourages customers to build hedgehog highways as part of new garden campaign LONDON, 2016-Apr-07 — /EPR Retail News/ — This week sees Waitrose launch its new Garden Power campaign, to encourage customers to make their gardens wildlife friendly this Summer and to help reverse the decline of our much-loved garden creatures. Waitrose has found that over three…

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John Lewis opens UK’s largest smart home technology experience at its Oxford Street store

New 1,000 square foot space is largest fixed retail offering dedicated to smart home technology in the UK 18 times more people are searching for smart home products on www.johnlewis.com, compared to the same time the previous year (Dec 2014 – Dec 2015) Sales of smart home products as a category at John Lewis have increased…

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Guerlain opens new boutique dedicated exclusively to perfumes

PARIS, 2016-Apr-07 — /EPR Retail News/ — Guerlain has opened a new boutique dedicated exclusively to perfumes at 392, rue Saint Honoré in Paris. The boutique is an exceptional journey into the world of Guerlain Fragrances, celebrating the art of perfumery that has earned the House renown since 1828. Fragrances mark the memory, arouse emotion and provoke…

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Lowe’s Companies releases its 2015 Corporate Social Responsibility (CSR) Report “Building Momentum”

MOORESVILLE, N.C., 2016-Apr-07 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced the release of its 2015 Corporate Social Responsibility (CSR) Report. Titled "Building Momentum," the report shares an in-depth look at Lowe’s progress in meeting the needs of its customers, caring for its employees and communities, and responsibly managing its operations. The…

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IKEA starts construction on its future Midwest distribution center in Joliet, Illinois slated to open in Spring 2018

JOLIET, IL, 2016-Apr-07 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today officially began construction on its future Midwest distribution center in Joliet, Illinois on 72 acres at the Laraway Crossings Business Park, 48 miles southwest of Chicago. Slated to become operational in Spring 2018, the approximately 1.25-million-square-foot distribution center will serve…

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IKEA recalls ATTJO bat cape due to risk of strangulation

The fabric hook and loop fastener at the neck of the bat cape may not detach readily during use, posing a risk of strangulation to consumers. CONSHOHOCKEN, PA, 2016-Apr-07 — /EPR Retail News/ — In cooperation with the U.S. Consumer Safety Commission, IKEA announced on April 6th, 2016 a voluntary recall of the LATTJO bat cape. The…

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The Home Depot kicks off its Spring Black Friday sales event

Retail leader combines product innovation with enhanced shopping experience, welcoming the next generation of home improvement ATLANTA, 2016-Apr-07 — /EPR Retail News/ — Spring is synonymous with home improvement for The Home Depot®, and the world's largest home improvement retailer is kicking off the season with its Spring Black Friday sales event. Starting today, customers have access…

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Shopify Inc. to announce financial results for its first quarter ended March 31, 2016 on Wednesday, May 4, 2016

Ottawa, Canada, 2016-Apr-07 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SH),  the leading cloud-based commerce platform, plans to announce financial results for its first quarter ended March 31, 2016 before markets open on Wednesday, May 4, 2016. Shopify’s management team will host a conference call to discuss first-quarter results at 8:30 a.m. ET on Wednesday, May 4,…

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83 percent of SMBs think an organized office is a vital part of their business – Office Depot

Larger SMBs View Disorganization as More Annoying than Poor Personal Hygiene BOCA RATON, Fla., 2016-Apr-06 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, found the vast majority (83 percent) of small business owners (SMBs) think an organized office is…

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