RILA: Miscellaneous tariff bill (MTB) will help spur investment and new jobs in US

Legislation Will Eliminate Duties, Spur Economic Growth Arlington , VA, 2016-May-16 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) issued the following statement in response to Senate passage of the American Manufacturing Competitiveness Act of 2016. “Retailers applaud the Senate for joining the House of Representatives in support of legislation that will promote […]

Live audio webcast of Gap’s Annual Meeting of Shareholders on May 17, 2016

SAN FRANCISCO, 2016-May-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) will provide a live audio webcast of the company’s Annual Meeting of Shareholders, beginning at 10:00 a.m. Pacific Daylight Time on May 17, 2016. To register for the webcast on May 17, please visit www.gapinc.com (follow the Investors, Financial News and Events, Webcasts links). […]

Gap April and Q1: Our industry is evolving and we must transform at a faster pace

Company Sharpens Focus for Long-Term Growth SAN FRANCISCO, 2016-May-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced April net sales were $1.12 billion for the four-week period ended April 30, 2016, compared with net sales of $1.21 billion for the four-week period ended May 2, 2015. For the first quarter of fiscal year […]

Ingles Markets Q1-2016: Higher sales and net income vs. the three months ended March 28, 2015

INGLES MARKETS, INCORPORATED REPORTS HIGHER SALES AND NET INCOME FOR SECOND QUARTER OF FISCAL 2016 ASHEVILLE, N.C., 2016-May-16 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three months ended March 26, 2016 compared with the three months ended March 28, 2015.  Net income totaled $14.4 […]

Opioid overdose-reversal medicine naloxone available without prescription at all CVS Pharmacy locations across Virginia

RICHMOND, Va., 2016-May-16 — /EPR Retail News/ — CVS Health (NYSE: CVS) today joined Virginia Governor Terry McAuliffe, Health and Human Resources SecretaryWilliam Hazel and Secretary of Public Safety and Homeland Security Brian Moran in highlighting the availability of the opioid overdose-reversal medicine naloxone without a prescription at all CVS Pharmacy locations across Virginia. CVS […]

Walgreens launched new mental health platform and campaign

Collaboration with Mental Health America to help connect more people with resources in their community, goal to screen 3 million people through 2017 Company expands digital offering, including access to behavioral telehealth, part of initiative to heighten mental health awareness, improve adherence and reduce stigma DEERFIELD, Ill., 2016-May-16 — /EPR Retail News/ — Mental health conditions […]

Kroger stores’ associates in Indianapolis market area ratified new labor agreement with UFCW Local 700

INDIANAPOLIS, 2016-May-16 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) associates working at Kroger stores in the Indianapolis market area of the company’s Central division have ratified a new labor agreement with UFCW Local 700. “We are pleased to reach an agreement that is good for our associates and also allows us to be […]

Jean‑Pierre Roelands will leave Colruyt Group at the end of June

Halle, Belgium, 2016-May-16 — /EPR Retail News/ — On 30 June 2016, Jean-Pierre Roelands will end his active career at Colruyt Group. In his position of commercial director he helped shape the “Lowest Prices” concept which has become Colruyt’s signature since. In the past years Jean-Pierre was the Store Concepts Director and one of the moving spirits […]

METRO GROUP acquires stake in the leading provider of iPad based POS systems for restaurants in the German-speaking region

Düsseldorf, Germany, 2016-May-16 — /EPR Retail News/ — METRO GROUP acquires a stake in the Berlin-based start-up orderbird, the leading iPad based point of sale system for restaurants in the DACH region. With this move, METRO GROUP underscores its commitment to digitalisation in the hospitality sector. By investing into yet another start-up with digital solutions […]

Migros-Genossenschafts-Bundes (MGB): Beat Zahnd wird neuer leiter des departements handel und mitglied der generaldirektion

Zürich, 2016-May-16 — /EPR Retail News/ —  An ihrer Sitzung vom 12. Mai hat die Verwaltung des Migros-Genossenschafts-Bundes (MGB) Beat Zahnd per 1. September 2016 zum Leiter des Departementes Handel und als Mitglied der Generaldirektion des MGB gewählt. Er tritt die Nachfolge von Dieter Berninghaus an, der sich als Verwaltungsrat und Unternehmer neuen Aufgaben zuwendet. Beat […]

Office Depot on Staples Merger: As the Staples merger process comes to an end we look forward to re-energizing our business

BOCA RATON, Fla., 2016-May-16 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP) today issued the following statement from Chairman and Chief Executive Officer Roland Smith after the U.S. District Court in the District of Columbia granted the Federal Trade Commission’s (FTC) request for a preliminary injunction to block the proposed merger of Staples, […]

Zalando SE Q1-2016: Revenues at EUR 796 million; adjusted EBIT margin of 2.5%

Q1 revenues at EUR 796 million, adjusted EBIT margin of 2.5% Strong growth coupled with strategic investments Acquires e-commerce specialty software provider Tradebyte BERLIN, 2016-May-16 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, had a good start into the year and remained on its profitable high-growth path. In the first quarter […]

Staples, Inc. to discuss first quarter 2016 results on Wednesday, May 18

FRAMINGHAM, Mass., Country, 2016-May-16 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) will hold its quarterly conference call to discuss first quarter 2016 results onWednesday, May 18, 2016 at 8:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit Staples’ Investor Relations website at http://investor.staples.com. About Staples, Inc. Staples retail stores and […]

Staples and Office Depot to terminate their merger agreement on May 16, 2016

Staples Announces Strategic Plan to Enhance Value: – Increasing Focus on Mid-Market Customers in North America – Exploring Strategic Alternatives for European Operations – Initiating New $300 Million Cost Reduction Plan – Continuing to Return Cash to Shareholders FRAMINGHAM, Mass., 2016-May-16 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today announced that on May 16, 2016, […]

Swedish ICA stores report decreased sales by 0.8% in April 2016

Solna, Sweden, 2016-May-16 — /EPR Retail News/ — Sales in the Swedish ICA stores decreased by 0.8% in April 2016 compared with the corresponding month last year. Sales in like-for-like stores decreased by 1.1%. April 2016 January – April 2016 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like […]

Sports Direct International extended the Goldman Sachs Put Option Agreement referencing 10.5% in Debenhams plc

Shirebrook, UK, 2016-May-16 — /EPR Retail News/ — Sports Direct International plc (“Sports Direct” or “the Group”), the UK’s leading sports retailer, announces that, further to the announcement made by the Group on 23 January 2015, it has extended the Put Option Agreement entered into with Goldman Sachs International referencing 128,927,113 ordinary shares of Debenhams plc […]

Intershop expanded its partner network in the Benelux region

E-Commerce Specialist We/Provide Becomes Intershop Business Partner Amsterdam, the Netherlands, 2016-May-16 — /EPR Retail News/ — Intershop Communications, a leading provider of innovative omni-channel commerce solutions and services for mid-sized and large enterprises, has expanded its partner network in the Benelux region by starting a partnership with We/Provide, a full-service e-commerce agency based in Bergeijk, the Netherlands. […]