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Monthly Archives: May 2016

SM group’s Foundation produced 225 graduates from its 20th batch of scholars since 1993

Pasay City Philippines, 2016-May-30 — /EPR Retail News/ — SM Foundation celebrated another milestone under its education program as it produced 225 graduates from its 20th batch of scholars since its college scholarship program started in 1993. This year’s Presentation of Graduates produced 71* awardees of which, 4 are summa cum laude, 11 are magna cum…

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Stamford Town Center appoints Dan Stolzenbach as general manager

STAMFORD, Conn., 2016-May-30 — /EPR Retail News/ — Retail industry veteran Dan Stolzenbach has been named general manager of Stamford Town Center, responsible for operations, retailer and community relations, as well as marketing for the shopping center. Stolzenbach succeeds long-time Taubman employee Meredith Keeler who was named general manager of Country Club Plaza, a marquee retail…

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SM Mall of Asia reinvents itself into one of the biggest and most exciting destination malls in the world

Pasay City, Philippines, 2016-May-30 — /EPR Retail News/ — A mall as successful as SM Mall of Asia is entering a new phase, reinventing itself, this time, into one of the biggest and most exciting destination malls in the world. SM and SM Prime Chairman Henry Sy who once called this mall, the greatest project of…

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Michelle Frost named director of the Defense Commissary Agency’s East Area

FORT LEE, Va., 2016-May-27 — /EPR Retail News/ — Michelle Frost, a supervisory category manager for the Defense Commissary Agency's Sales Directorate, has been named director of the agency's East Area effective June 13. She fills a position held by Hector Granado who in January became part of DeCA's newly formed business transformation team. A successor has…

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Nike Detroit Community Store opens in downtown’s historic F.W. Woolworth Co. building, at 1261 Woodward Avenue

Detroit, MI, 2016-May-27 — /EPR Retail News/ — Detroit’s automotive history may have earned it the nickname Motor City, but the city is also renowned for a strong sports engine, fueled by a championship legacy of professional teams and local youth clubs, that never stops running. The May 26 opening of the Nike Detroit Community Store…

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Kevin Wampler and Randy Guiler of Dollar Tree, Inc. to attend RBC Capital Markets Consumer and Retail Conference on June 2, 2016

CHESAPEAKE, Va, 2016-May-27 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, today announced its participation in the RBC Capital Markets Consumer and Retail Conference on June 2, 2016. Kevin Wampler, Chief Financial Officer, and Randy Guiler, Vice President - Investor Relations, will attend this conference. The Company's…

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Dollar Tree, Inc. Q1-2016: Consolidated net sales increased 133.6% to $5.09 billion from $2.18 billion in the prior year’s first quarter

Sales Increased 134% to $5.09 Billion and Same-Store Sales Increased 2.3%  Diluted Earnings per Share Increased 188% to $0.98  Excluding One-Time Tax Benefit, Diluted EPS Increased to $0.89  CHESAPEAKE, Va, 2016-May-27 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, today reported results for its first fiscal…

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The Oilerie rolled out modern NCR Silver tablet point-of-sale (POS) system to its eight franchise stores

POS system provides easy insight into operations for franchisee and franchisor DULUTH, Ga., 2016-May-27 — /EPR Retail News/ — Following an appearance on ABC’s Shark Tank, Curt Campbell set out to achieve his dream of expanding his business, The Oilerie. The challenge he faced was finding the right technology to support its growth. To tackle that common small…

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Flexible billing options and advanced functionality in NCR’s latest POS app releases for NCR Silver and NCR Silver Pro Restaurant Edition

New app versions offer advanced functionality for caterers, dry cleaners, hotels and other businesses that need flexible billing options DULUTH, Ga., 2016-May-27 — /EPR Retail News/ — Users of NCR Silver and NCR Silver Pro Restaurant Edition have significantly more flexible billing options, thanks to the latest point-of-sale (POS) app releases. The main NCR Silver app allows service-oriented businesses…

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Bankia Spain will upgrade its ATM network with more than 600 NCR SelfServ 34 and NCR SelfServ 32 cash deposit ATMs

Bankia chose NCR as preferred supplier for software and its next ATM renewal project; will install more than 600 NCR SelfServ ATMs by the end of 2016 Madrid, Spain, 2016-May-27 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Bankia Spain, the fourth largest bank in Spain,…

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Tiffany & Co Q1-2016: Worldwide net sales decline 7% and reflect declines in all regions except Japan

NEW YORK, 2016-May-27 — /EPR Retail News/ — Tiffany & Co. (NYSE:TIF) reported its financial results for the three months ("first quarter") ended April 30, 2016. Worldwide net sales were lower than the prior year and reflected declines in all regions except Japan, which management attributes to a continuation of softness in spending by both local…

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Win a pair of tickets to COPA America Centenario with Dunkin’ Donuts and Coca-Cola

New members who enroll in DD Perks through May 27 from select states are registered for a chance to win a pair of tickets to COPA America Centenario matches throughout the U.S. CANTON, MA, 2016-May-27 — /EPR Retail News/ — Dunkin’ Donuts today announced a program to give new members of its popular DD Perks® Rewards Program…

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New affordable mechanical watches launch in Switzerland, the Goldgena Project

Lausanne, Vaud, Switzerland, 2016-May-27 — /EPR Retail News/ — On March 22nd, the Goldgena Project was launched with the goal of creating affordable mechanical watches with complete transparency regarding their origin and costs. The aim is also to shake up the ‘Swiss Made’ label and the traditional approach to distribution and marketing. The community is invited…

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Sainsbury’s launches dedicated Rosé Report to uncork the realities of rosé wine

LONDON, 2016-May-26 — /EPR Retail News/ — As summer approaches, the trend for lighter-coloured ‘posh pink’ – influenced by celeb-endorsed launches from the likes of Brad Pitt, Angelina Jolie and Drew Barrymore – will see rosé wine sales soar, with Sainsbury’s research showing a trend among millenials towards aspirational ‘posh pink’. Selling around 15 million bottles of…

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Sainsbury’s to work with two additional milk processors from July 2017: Tomlinson and Medina

LONDON, 2016-May-26 — /EPR Retail News/ — Sainsbury’s is set to work with two additional processors from July 2017 to help deliver a long-term, sustainable supply of fresh British milk. Through its dedicated group of 270+ farmers, its fresh British milk and cream is currently processed by Arla and Muller Milk & Ingredients. From next year,…

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Research: Quarter of UK households waste £235 worth of food every year due to buying products they already have in the fridge

LONDON, 2016-May-26 — /EPR Retail News/ — Busy Britons could save hundreds of pounds with a simple selfie…. of their fridge. According to research by Sainsbury’s, a quarter of households waste £235 worth of food every year due to buying products they already have in the fridge. Annually, this amounts to a staggering waste bill of…

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LVMH Houses shine during Cannes festival

PARIS, 2016-May-26 — /EPR Retail News/ — Cannes, the world’s most glamorous film festival, was once again the scene this year for star-studded festivities, premieres and press conferences. The movie industry’s top talents and celebrities ascended the storied red-carpet steps, providing a perfect occasion for LVMH Houses to shine during the festival and display their most…

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LVMH group’s 2015 Annual Report illustrated by the year’s most iconic photographs

PARIS, 2016-May-26 — /EPR Retail News/ — You can relive the high points of 2015 for the LVMH group and its Maisons with the digital edition of the Annual Report. https://youtu.be/SWn7ogiK4oI   The LVMH group is giving you a motion control camera’s eye view to explore its 2015 Annual Report, illustrated by the year’s most iconic photographs. This novel, resolutely…

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EROSKI resultado operativo de su actividad de distribución mejora un 15% y alcanza los 107,4 millones de euros

El resultado operativo de su actividad de distribución mejora un 15% y alcanza los 107,4 millones de euros Condicionado todavía por las dotaciones extraordinarias en activos materiales, inmateriales e inmobiliarios, el resultado negativo del ejercicio se limita a 61 millones de euros La facturación se mantiene en los 6.058 millones de euros, impulsada por las…

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Marks and Spencer Group plc 2015/16 results: Continued strong growth in Food

LONDON, 2016-May-26 — /EPR Retail News/ —   53 weeks to 2 April 16 change on LY 52 weeks to 26 March 16 change on LY Group revenue  £10.6bn  +2.4% £10.4bn +0.8% Underlying profit before tax1  £689.6m  +4.3% £684.1m +3.5% Non-underlying items  (£200.8m)  n/a (£200.8m) n/a Profit before tax  £488.8m  -18.5% £483.3m -19.5% Underlying basic earnings per share1  35.0p  +5.7% 34.8p +5.1% Basic earnings per share  24.9p  -16.2% 24.6p -17.2% Free cash flow  £539.3m  +2.9% Net debt  £2.14bn -£84.9m Dividend per share  18.7p 3.9% 1 Underlying results are consistent with how business performance is measured internally. Non underlying items principally include: the…

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Representative Peter Welch D-Vt. and Senator Tim Scott R-S.C. named NRF’s Legislators of the Year

WASHINGTON, 2016-May-26 — /EPR Retail News/ — The National Retail Federation announced today that Representative Peter Welch, D-Vt., and Senator Tim Scott, R-S.C., have been named NRF’s Legislators of the Year. The awards were presented this week during the Retail Advocates Summit, NRF’s annual congressional fly-in. “I would like to thank Senator Scott and Representative Welch for…

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Gary Cammack named 2016 America’s Retail Champion of the Year

WASHINGTON, 2016-May-26 — /EPR Retail News/ — The National Retail Federation today announced that it has named Gary Cammack, owner of Cammack Ranch Supply in Union Center, S.D., as the 2016 America’s Retail Champion of the Year. The award was presented Tuesday night at NRF’s annual Retail Advocates Summit as small retailers from across the country…

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BRC supports the e-commerce proposals from the European Commission

LONDON, 2016-May-26 — /EPR Retail News/ — The BRC represents many e-commerce retailers, including both omni-channel and pure players. The E-commerce proposals from the European Commission issued today (Geoblocking Regulation; revised Consumer Protection Co-operation - CPC- Regulation; Parcels Delivery Regulation; new Unfair Commercial Practices Directive Guidance) complement those in the Online Contracts Directives that are already being…

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The Gymboree Corporation’s Tender Offer expired at 11:59 p.m., New York City time, on May 23, 2016

San Francisco, Calif., 2016-May-26 — /EPR Retail News/ — The Gymboree Corporation (the "Company") announced today the expiration, final results and final settlement of its previously announced tender offer (the "Tender Offer") to purchase the maximum aggregate principal amount of its outstanding 9.125% senior unsecured notes due 2018 (the "Notes," CUSIP No. 403777AB1) that it can…

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NCR Corporation expand its cooperation with the largest Russian retail chain Magnit

Successful ROI indicators of the implementation of NCR Fastlane SelfServ™ checkouts in 2015 led the largest Russian retailer to rollout the technology in further stores MOSCOW, RUSSIA, 2016-May-25 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies announces the expansion of its cooperation with the largest Russian retail chain Magnit…

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Alibaba Group Holding Limited files its annual report on Form 20-F for the fiscal year ended March 31, 2016

Hangzhou, China, 2016-May-25 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2016. The annual report can be accessed under the SEC Filing section on the Company's investor relations website at http://alibabagroup.com/en/ir/secfilings. The Company will provide a hard…

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LuLu Group partners with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate Ramadan project

DUBAI, 2016-May-25 — /EPR Retail News/ — LuLu Group joined the charity drive by partnering with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate a Ramadan project that aims to distribute shopping cards worth Dh. 4 million to deserving Emirati families throughout the UAE. At a press conference held on 23 May at the…

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Lowe’s to present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA

MOORESVILLE, N.C., 2016-May-25 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announces that Robert F. Hull, Jr. , chief financial officer, and Michael A. Jones , chief customer officer, will present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA. What: Presentation by Bob Hull and Mike Jones at the RBC…

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IKEA broke ground on its future Columbus store scheduled to open in Summer 2017

COLUMBUS, OH, 2016-May-25 — /EPR Retail News/ — With company representatives, Columbus Mayor Andrew J. Ginther, Delaware County Board of Commissioners President Barb Lewis, local officials and community leaders on-hand, IKEA, the world’s leading home furnishings retailer, today officially broke ground on its future Columbus store. Until the future IKEA Columbus opens in Summer 2017 as…

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