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Monthly Archives: May 2016

Home2016Monthly Archives: May 2016
Business Financial Management Retail Retailer

Hudson’s Bay Company expands its European presence with plans for up to 20 new stores in the Netherlands over the next 24 months

Canada's premium department store banner Hudson's Bay and off-price banner Saks OFF 5TH expected to launch first stores in summer 2017 utilizing HBC's existing European platform Plans to open up to 20 stores over the next 24 months Expansion is expected to create approximately 2,500 store jobs and 2,500 construction jobs in key Dutch cities…
May 23, 20160Comments

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Business Food & Beverage Management Restaurants Retail Retailer

SSP Group announces results for first half of its 2016 financial year

LONDON, 2016-May-23 — /EPR Retail News/ — SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, announces its results for the first half of its 2016 financial year, covering the six months ended 31 March 2016. Highlights: • Strong results with good progress on last year • Operating profit1 of £30.9m: up 28.0% at constant currency,…
May 23, 20160Comments

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Business Food & Beverage Management Restaurants Retail Retailer

SSP partners with naturally fast food brand LEON

LONDON, 2016-May-23 — /EPR Retail News/ — SSP, a leading operator of food and beverage brands in travel locations worldwide, has entered into a partnership with naturally fast food brand LEON. The initial five-year deal will allow LEON to bring its fun, fresh and fast food to an additional number of railway station sites across the…
May 23, 20160Comments

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Business Food & Beverage Management Restaurants Retail Retailer

Taco Bell unveils and tests four new restaurant designs as part of its expansion plans to open 2,000 new restaurants by 2022

New Restaurants Provide Tailored Concepts that Reflect Diverse Community Experiences Irvine, Calif., 2016-May-23 — /EPR Retail News/ — Remember the original Taco Bell mission restaurants, complete with a bell, an outdoor patio and fire pit? That classic architectural design redefined the fast food experience for generations to come. Today, Taco Bell announced a new line of restaurant…
May 23, 20160Comments

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Healthcare Management Marketing Retail Retailer

Walgreens launches CF Champions: Navigating the Journey, Together in support of people affected by cystic fibrosis

CF Champions provides an online outlet for CF patients and caregivers to share their experiences of navigating the journey together DEERFIELD, Ill., 2016-May-23 — /EPR Retail News/ — In support of patients, caregivers and others affected by cystic fibrosis (CF), Walgreens is launching CF Champions: Navigating the Journey, Together during The Cystic Fibrosis Foundation’s National CF…
May 23, 20160Comments

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Food & Beverage Grocery Retail Retailer

Salty coastal sea plant samphire now available at Tesco

CHESHUNT, England, 2016-May-23 — /EPR Retail News/ — Foodies create soaring demand for salty seaside treat samphire It’s been the seaside’s best kept secret for decades, even centuries. But now demand for the salty coastal sea plant samphire which goes particularly well with fish, is soaring. In the last year demand for samphire has soared by 80 per cent…
May 23, 20160Comments

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Apparel Fashion Marketing Retail Retailer Sports

Macy’s and Ryan Seacrest celebrate 2016 Summer Olympic Games with the launch of new sportswear Ryan Seacrest Distinction Rio

The limited-edition capsule will be available in 150 Macy’s stores and on macys.com this summer NEW YORK, 2016-May-23 — /EPR Retail News/ — Macy’s and Emmy-award winning TV/radio host and producerRyan Seacrest are collaborating in celebration of the 2016 Summer Olympic Games in Rio de Janeiro with an exclusive new fashion collection inspired by the sights…
May 23, 20160Comments

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Electronics Retail Retailer Technology

New Memory Optimized X1 instances available for Amazon Elastic Compute Cloud

New memory-optimized instance family features 2 TB of memory and high-performing Intel processors to support large-scale in-memory databases, big data processing, and HPC X1 instances offer more memory than any other SAP-certified cloud instance available today SEATTLE, 2016-May-20 — /EPR Retail News/ — Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN), today announced the…
May 20, 20160Comments

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Apparel Fashion Marketing Retail Retailer

Les Journées Particulières: Several exceptional places in France open for the first time (no reservation needed)

PARIS, 2016-May-20 — /EPR Retail News/ — France, the cradle of the LVMH Group, is quite naturally home to the majority of the events on the Journées Particulières program. Over 20 Houses are proposing a unique “tour de France” of heritage and traditions inspired by excellence. Several exceptional places are open for the first time (no reservation…
May 20, 20160Comments

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Art Retail Retailer

Les Journées Particulières: Spotlight on exceptional sites open for the first time for visits without reservations in Italy and UK

PARIS, 2016-May-20 — /EPR Retail News/ — Les Journées Particulières is a resolutely European event, proposing visits to LVMH Houses in France, Italy, Spain, the United Kingdom, Poland and Switzerland. Spotlight on exceptional sites open for the first time for visits without reservations in Italy and the UK. Italy A deep tradition of excellence, creativity, innovation and heritage…
May 20, 20160Comments

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Business Financial Management Retail Retailer

Lowe’s Companies, Inc. Q1 2016: 31.4 percent increase of net earnings over the same period a year ago

MOORESVILLE, N.C., 2016-May-20 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $884 million for the quarter ended April 29, 2016 , a 31.4 percent increase over the same period a year ago. Diluted earnings per share increased 40.0 percent to $0.98 from $0.70 in the first…
May 20, 20160Comments

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Business Financial Food & Beverage Management Retail Retailer

Sonic Corp. issued $425 million of Series 2016-1 Class A-2 Fixed Rate Senior Secured Notes in private securitization transaction

Sonic Announces Increase to Share Repurchase Program OKLAHOMA CITY, 2016-May-20 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation's largest chain of drive-in restaurants, today announced that certain of its subsidiaries have issued $425 million of Series 2016-1 Class A-2 Fixed Rate Senior Secured Notes (the "2016 Fixed Rate Notes") in a private securitization transaction. The 2016…
May 20, 20160Comments

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Business Management Retail Retailer

The Home Depot reports $22.8 billion sales for the first quarter of fiscal 2016

ATLANTA, 2016-May-20 — /EPR Retail News/ — The Home Depot®, the world's largest home improvement retailer, today reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0 percent increase from the first quarter of fiscal 2015. Comparable store sales for the first quarter of fiscal 2016 were positive 6.5 percent, and comp sales for…
May 20, 20160Comments

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Business Human Resources Law Retail Retailer

Rob Green of National Council of Chain Restaurants on DOL’s new federal overtime regulations

WASHINGTON, 2016-May-20 — /EPR Retail News/ — The National Council of Chain Restaurants issued the following statement from Executive Director Rob Green strongly objecting to the Labor Department's new federal overtime regulations: “By dramatically increasing the wage threshold for determining a restaurant manager’s overtime eligibility, key management positions will be eliminated, restaurant employee career advancement will be derailed and workplace…
May 20, 20160Comments

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Business Management Retail Retailer

Delhaize Group discloses acquisition of treasury shares

BRUSSELS, Belgium, 2016-May-20 — /EPR Retail News/ — Delhaize Group discloses information with respect to the acquisition of treasury shares in accordance with Belgian law. Delhaize Group has recently acquired 313 202 shares pursuant to a share buy-back program with a Belgian credit institution for the purchase of Delhaize Group shares in order to satisfy exercises…
May 20, 20160Comments

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Business Human Resources Law Management Retail Retailer

National Retail Federation on DOL’s overtime rules: hundreds of thousands of career professionals will lose their status as salaried employees

Retailers Appeal to Congress to Block Overtime Expansion WASHINGTON, 2016-May-20 — /EPR Retail News/ — The National Retail Federation today released the following statement from Senior Vice President for Government Relations David French in response to the Department of Labor’s new overtime rules: “These rules are a career killer. With the stroke of a pen, the Labor Department…
May 20, 20160Comments

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Business Electronics Management Marketing Retail Retail Solutions Retailer Technology

BNP Paribas and Carrefour to test mobile payment app for paperless electronic payment, loyalty and couponing services

•    BNP Paribas and Carrefour are testing a new secure mobile services model designed to make life easier for the customer •    A ground-breaking initiative, which will be open to all retailers PARIS, 2016-May-20 — /EPR Retail News/ — BNP Paribas and Carrefour are about to test an application that will enable customers to pay for purchases…
May 20, 20160Comments

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Business Financial Management Retail Retailer

Carrefour to pay €0.70 per share dividend for the 2015 FY

Boulogne-Billancourt, 2016-May-20 — /EPR Retail News/ — At the Annual General Meeting held today, Carrefour's shareholders approved the proposed €0.70 per share dividend for the 2015 financial year and decided to offer shareholders an option to receive the dividend payment in shares. The issue price of the new shares to be issued in consideration for the dividend…
May 20, 20160Comments

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Business Human Resources Law Retail Retailer

RILA: DOL’s overtime rule will certainly hurt those that it purports to help

Final Rule Undermines Important Employee Benefits And Creates Enormous Burdens For Employers Arlington , VA, 2016-May-20 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) issued the following statement from Jennifer Safavian, executive vice president for government affairs, in response to published reports about the U.S. Department of Labor's overtime rule. "While a review of the…
May 20, 20160Comments

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Convenience Stores Retail Retailer Technology

NACS and Pinnacle to enhance fuel dispenser security and combat skimming through new SkimDefend app

ALEXANDRIA, Va., 2016-May-19 — /EPR Retail News/ — Fuel dispenser security is of great concern for the convenience store industry. Approximately 39 million Americans fill-up their gas tanks every day and fuel dispensers have become one of many targets for thieves looking to steal credit and debit card information by “skimming,” an aggressive tactic used to…
May 19, 20160Comments

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Business Food & Beverage Management Retail Retailer

BRC Global Standards to launch new voluntary module assessing food safety culture in partnership with Taylor Shannon International

LONDON, 2016-May-19 — /EPR Retail News/ — BRC Global Standards has today announced the launch in June of a new voluntary module assessing food safety culture. The module is being offered in partnership with Taylor Shannon International (TSI), industry leaders in the fields of food safety, management, education and organisational culture. Drawing on decades of academic research,…
May 19, 20160Comments

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Business Management Retail Retailer

BRC: full range of solutions and tools designed to assist you in preparing to meet FSMA expectations

LONDON, 2016-May-19 — /EPR Retail News/ — BRC is pleased to announce the development of a full range of solutions and tools designed to assist you in preparing to meet FSMA expectations. In addition, these tools will help effectively evaluate how prepared the supply chain is. BRC Global Standards contracted The Acheson Group (TAG) to assess the…
May 19, 20160Comments

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Food & Beverage Retail

Winecrasher.com launches revolutionary best value wine club

Napa, California, 2016-May-19 — /EPR Retail News/ — Winecrasher.com, announced today the launch of a new wine club based on the company’s unique “Crash Pricing” concept – which guarantees the best prices for critically rated wine. In Winecrasher’s innovative concept, which was inspired by Hotwire/Priceline, the customer is shown all the info about a wine (rating, varietal,…
May 19, 20160Comments

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Human Resources Law Management Retail

The National Grocers Association: DOL final rule regarding overtime pay for salaried workers will negatively affect many store associates

Arlington, VA, 2016-May-18 — /EPR Retail News/ — The National Grocers Association (NGA) today issued the following statement on the U.S. Department of Labor’s (DOL) final rule regarding overtime pay for salaried workers. “The independent supermarket industry plays a crucial role in America’s economy, creating nearly one million jobs across the nation. NGA members are proud to…
May 18, 20160Comments

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Food & Beverage Grocery Management Retail Retailer

The new Midlothian Wegmans at 12501 Stone Village Way opens on Sunday, May 22

MIDLOTHIAN, VA, 2016-May-18 — /EPR Retail News/ — Seeking a fun, affordable and culinary-inspired shopping experience? Look no further than your local grocery store! That’s right - the new Midlothian Wegmans at 12501 Stone Village Way, opens its doors to the public at 7 a.m. on Sunday, May 22. Store Manager Jerry Shelly and Executive Chef…
May 18, 20160Comments

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Management Retail Retailer

Mark Tritton named executive VP and chief merchandising office Target

Jason Goldberger to become retailer’s first chief digital officer and president, Target.com MINNEAPOLIS, 2016-May-18 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced the hire of Mark Tritton asexecutive vice president and chief merchandising officer. In this role, Tritton will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and…
May 18, 20160Comments

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Electronics Marketing Retail Retailer

Appliances and tech gadgets on Best Buy’s hottest products list for the wedding season

Minneapolis, MN, 2016-May-18 — /EPR Retail News/ — We’re in wedding season, folks. An average of 2.4 million nuptial ceremonies are performed in the U.S. each year, with 44,230 taking place each weekend. That’s a lot of vows, cake and chicken dances. For many couples, it’s crunch time to knock out their to-dos before the “I Dos.” That means finalizing attendee lists,…
May 18, 20160Comments

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Business Malls Management Retail Retailer

CBRE Group to acquire 49 percent interest in Malaysia’s leading real estate services provider WTW

C H Williams Talhar & Wong Malaysia (WTW) and CBRE will deliver a premier, full-service offering for clients across Malaysia. Los Angeles, CA, 2016-May-18 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into an agreement to acquire a 49 percent interest in Malaysia’s leading real estate services provider, C H…
May 18, 20160Comments

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Apparel Marketing Retail Retailer

Stradivarius organised the first digital pop up store on board a plane

Arteixo, Spain, 2016-May-18 — /EPR Retail News/ — Flight attendants on a flight from Barcelona to Split gave passengers mobile phones that came with an app, designed specifically for the event, for purchasing clothes from Stradivarius' latest collection. Stradivarius has organised the first digital pop up store on board a plane. Flight attendants on a flight from Barcelona to Split…
May 18, 20160Comments

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