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Monthly Archives: October 2016

Home2016Monthly Archives: October 2016
Business Management Retail Retailer

KappAhl’s Nomination Committee proposals for the AGM on 6 December, 2016

Mölndal, Sweden, 2016-Oct-21 — /EPR Retail News/ — The Nomination Committee in KappAhl AB (publ) is proposing a re-election of the Board members Anders Bülow, Susanne Holmberg, Kicki Olivensjö och Pia Rudengren at the Annual General Meeting in KappAhl on 6 December, 2016. Christian W. Jansson has declined re-election. Moreover, it is proposed that Göran Bille och…
October 21, 20160Comments

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Business Financial Management Retail Retailer

SUPERVALU’s outstanding debt further reduced during Q2-FY2017

Net earnings from continuing operations of $30 million; Adjusted EBITDA of $147 million Net earnings per share from continuing operations of $0.11; adjusted earnings per share of $0.10 Outstanding debt further reduced by approximately $100 million in the quarter MINNEAPOLIS, 2016-Oct-21 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today reported second quarter…
October 21, 20160Comments

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Business Malls Management Retail

Taubman Centers, Inc. replies to Land & Buildings Investment Management, LLC

BLOOMFIELD HILLS, Mich., 2016-Oct-21 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today issued the following statement in response to the materials issued by Land & Buildings Investment Management, LLC: Taubman Centers values the strong relationships we have with our shareholders and welcomes open and constructive dialogue toward the goal of enhancing long-term value. The…
October 21, 20160Comments

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Business Financial Management Retail Retail Software Retail Solutions Retailer Technology

Co-op and forensic tech company SmartWater team up to cut ATM crime

MANCHESTER, England, 2016-Oct-21 — /EPR Retail News/ — Splashing the cash, and criminals, could cut ATM crime in communities as the Co-op teams-up with award-winning forensic technology company SmartWater to roll-out a new deterrent linking criminals back to the scene of a crime. In a first of its kind, SmartWater have adapted its dispersal technology to ensure…
October 21, 20160Comments

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Consumer Goods Home & Garden Retail Shopping Shops

Premiala Announces Restocking of its Meat Injector in USA, UK and Germany

Australia, 2016-Oct-20 — /EPR Retail News/ — Premiala BBQ and Kitchenware today announced its meat injector is once more available for purchase on Amazon USA, as well as Amazon UK and Amazon Germany. The announcement follows periods of stock unavailability on all markets. Premiala General Manager Greg Carder confirmed the news in a short interview today,…
October 20, 20160Comments

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Awards Business Grocery Management Retail Retailer

The Co-op recognised by the Institute of Grocery Distribution (IGD)

MANCHESTER, England, 2016-Oct-20 — /EPR Retail News/ — The Co-op beat off stern competition to win three major awards at a prestigious business event which celebrates the best in the food and grocery industry. The Co-op has been recognised by the Institute of Grocery Distribution (IGD), the global food and grocery experts, for its ‘food to…
October 20, 20160Comments

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Apparel Business E-Commerce Healthcare Management Philanthropy Retail Retailer

QVC join forces with the Fashion Footwear Association of New York (FFANY) to battle breast cancer

WEST CHESTER, Pa., 2016-Oct-20 — /EPR Retail News/ — Contribute to the cure while scoring a great deal. For the 23rd consecutive year, leading video and ecommerce retailer QVC is set to join forces with the Fashion Footwear Association of New York (FFANY) to help conquer breast cancer with its annual QVC Presents “FFANY Shoes on…
October 20, 20160Comments

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Business Management Outlet Retail Retailer

Indonesia: PT Matahari Putra Prima opens new hypermart outlet under the latest G7 concept at Poso City Mall, Central Sulawesi

Lippo Village, Tangerang, 2016-Oct-20 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (mppa), a multi-format modern retailer in Indonesia, which operates hypermart, SmartClub, foodmart, boston health & beauty and fmx, today (October 19, 2016) opens new hypermart outlet under the latest G7 concept at Poso City Mall, Central Sulawesi. This is the 1st Hypermart…
October 20, 20160Comments

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Business Marketing Mobile Online Retailers Pet Products Retail Retailer

PetSmart acquired one of the largest online and mobile platforms for pet adoption

Phoenix, 2016-Oct-20 — /EPR Retail News/ — PetSmart Inc., the largest pet specialty retailer and leading resource for pet adoption in North America, today ( Oct. 19, 2016) announced it has acquired AllPaws, one of the largest online and mobile platforms that matches those looking to adopt a pet with pets ideally suited for their home,…
October 20, 20160Comments

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Business Financial Management Retail Retailer

Stockmann to publish Interim Report for January–September 2016 on 28 October 2016

Helsinki, Finland, 2016-Oct-20 — /EPR Retail News/ — Stockmann plc will publish the Interim Report for January–September 2016 on Friday, 28 October 2016 at 8:00 a.m. EET. A press and analyst briefing will be held on 28 October 2016 at 9:15 a.m. EET in the Fazer À la Carte restaurant on the 8th floor of Stockmann’s Helsinki…
October 20, 20160Comments

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Beauty Business Cosmetics Marketing Retail Retailer

Avon “This is Boss Life” campaign encourages women to take step beyond their typical 9-to-5 work life

NEW YORK, NY, 2016-Oct-20 — /EPR Retail News/ — Avon launched more female bosses than any other company in the past century, now New Avon LLC (“Avon”) has commissioned a survey for National Boss’s Day (October 17), which found that most Americans (80 percent) would love to be their own boss. The research was conducted in…
October 20, 20160Comments

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Business Games Gifts Marketing Retail Retailer

GameStop launches holiday layaway program; now customers can reserve and pay for gifts on their holiday shopping list

GRAPEVINE, TX, 2016-Oct-20 — /EPR Retail News/ — The holiday shopping season is quickly approaching and GameStop, a global family of specialty retail brands that makes the most popular technologies affordable and simple, is making it easier for customers to purchase the gifts on their holiday shopping list by opening up its holiday layaway program. Now through…
October 20, 20160Comments

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Business Equipment Marketing Retail Retail Services Retailer Technology

Linear Retail Properties announces Invisalign-only boutique Smilebar at Bryant Back Bay in Boston, MA

Linear Retail Properties announces Invisalign-only boutique Smilebar at Bryant Back Bay in Boston, MA   Burlington, MA, 2016-Oct-20 — /EPR Retail News/ — Linear Retail Properties, LLC, announced today (10/18/2016) that Smilebar, an Invisalign-only boutique has opened at 303 Columbus Ave.in the Bryant Back Bay luxury condominium building in Boston, MA. The property is situated where the Back…
October 20, 20160Comments

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Business Financial Management Retail Retailer

Alibaba Group to report its unaudited financial results for quarter ended September 30, 2016 on November 2, 2016

Hangzhou, China, 2016-Oct-20 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today (October 19, 2016) announced that it will report its unaudited financial results for the quarter ended September 30, 2016 before the U.S. market opens on Wednesday, November 2, 2016, and will hold a conference call to discuss the financial results…
October 20, 20160Comments

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Business E-Commerce Financial Management Retail Retailer Technology

Puerto Rico’s Banco Popular pilots Diebold Nixdorf’s advanced predictive maintenance analytics to increase operational efficiency

NORTH CANTON, Ohio, 2016-Oct-20 — /EPR Retail News/ — Banco Popular, the largest bank in Puerto Rico, is partnering with Diebold Nixdorf to pilot advanced predictive maintenance analytics in order to increase operational efficiency and broaden consumer touchpoint visibility. Diebold Nixdorf's analytics program is enabling Banco Popular to have a complete view of its self-service…
October 20, 20160Comments

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Business Financial Management Retail Retailer

InvenTrust Properties Corp. acquires 61,000 square foot Northcross Commons in Huntersville, NC for approximately $31 million

OAK BROOK, Ill., 2016-Oct-20 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust or “the Company”) today (10/18/2016 ) announced that it has acquired Northcross Commons, a 61,000 square foot Whole Foods-anchored center located in Huntersville, NC, part of the Charlotte, NC metropolitan statistical area (“MSA”), for approximately $31 million. “The property will improve our asset base…
October 20, 20160Comments

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Apparel Business Children Financial Management Retail Retailer

The Children’s Place announces financial results for the thirteen weeks ended July 30, 2016

Delivers Q2 Comparable Retail Sales Increase of 2.4% Reports Q2 GAAP Loss per Diluted Share of ($0.11) vs ($0.67) in Q2 2015 and Q2 Adjusted Loss per Diluted Share of ($0.01) vs ($0.33) in Q2 2015 Increases Fiscal 2016 Adjusted EPS Guidance to $4.60 to $4.70 vs Previous Guidance of$4.17 to…
October 20, 20160Comments

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Apparel Business Children Financial Management Retail Retailer

The Children’s Place declares quarterly dividend

SECAUCUS, N.J., 2016-Oct-20 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced that its Board of Directors has declared a quarterly dividend. Jane Elfers, President and Chief Executive Officer, commented, “The continuation of the quarterly dividend is a further reflection of our confidence in our…
October 20, 20160Comments

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Business Management Retail Retailer Technology

Fnac in partnership with Daphni launches new funding and support model for start-ups

A Ivry, 2016-Oct-20 — /EPR Retail News/ — By joining forces to launch the Daphni Purple fund, Fnac Darty is taking part in the creation of a new funding and support model for start-ups, once again reaffirming its commitment to digital technology and innovation in Europe. Fnac has been investing for years in innovation and has formed close…
October 20, 20160Comments

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Business Financial Management Retail Retailer

RioCan’s normal course issuer bid approved by Toronto Stock Exchange

TORONTO, ONTARIO, 2016-Oct-20 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today (Oct. 18, 2016) announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units ("Units") as appropriate opportunities arise from time to time. RioCan's…
October 20, 20160Comments

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Business Home Decor Marketing Retail Retail Design Retailer Technology

eBay Collective: eBay launches new destination for curated inventory of furniture, antiques, contemporary design and fine art

eBay Collective: eBay launches new destination for curated inventory of furniture, antiques, contemporary design and fine art Media and syndication partnership with Architectural Digest provides inspiration for shoppers. San Jose, California, 2016-Oct-20 — /EPR Retail News/ —Today (Oct 17, 2016), eBay launched a new destination, eBay Collective, an elevated shopping experience to provide interior designers and consumers…
October 19, 20160Comments

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Business Electronics Marketing Mobile Online Retailers Online Shopping Retail Retailer Technology

eBay launches personalized shopping assistant ShopBot Beta

eBay launches personalized shopping assistant ShopBot Beta   San Jose, California, 2016-Oct-20 — /EPR Retail News/ — Powered by Artificial Intelligence and debuting on Facebook Messenger, ShopBot is a smart personal shopping assistant that's there whenever you need it. With more selection available to online shoppers than ever before, finding items that are perfect for you and your budget…
October 19, 20160Comments

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Business Environment Grocery Management Retail Retailer

DESPAR Partner Ergon brings trash compactors for plastic bottles and detergent containers at INTERSPAR and EUROSPAR in Sicily

AMSTERDAM, The Netherlands, 2016-Oct-20 — /EPR Retail News/ — It is increasingly common in Italy for recycling to be available at supermarkets. DESPAR Partner Ergon has partnered with the local environmental organisation Ricicla Ragusa, to make available two trash compactors for plastic bottles and detergent containers at INTERSPAR Le Dune in Ragusa and EUROSPAR in…
October 19, 20160Comments

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Business Financial Management Online Retailers Online Shopping Retail Retailer

Zalando releases trading update for third quarter of 2016

BERLIN, 2016-Oct-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the third quarter of 2016 to EUR 827-841 million or by 16-18% (Q3 2015: EUR 713 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 8-25 million, corresponding to an adjusted EBIT…
October 19, 20160Comments

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Business Grocery Management Retail Retailer

Tops Friendly Markets celebrates Re-Opening of its 450 West Avenue location on October 19

WILLIAMSVILLE, N.Y., 2016-Oct-20 — /EPR Retail News/ — Tops Friendly Markets, a leading full-service grocery retailer in New York, northern Pennsylvania, western Vermont, and north central Massachusetts, will hold a ribbon cutting celebration for the Re-Grand Opening of its 450 West Avenue location on Wednesday, October 19 at 10:00 am. As a part of a renovation…
October 19, 20160Comments

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Business Consumer Services Healthcare Marketing Retail Retail Services Retailer

Accessible prescription label service now available for visually impaired customers at Bartell Drugs

SEATTLE, 2016-Oct-20 — /EPR Retail News/ — Bartell Drugs is now offering three solutions for persons with visual impairment who cannot read the print on their prescription drug container labels. Patients can receive either ScripTalk audible labels, ScripView large print labels, or Braille labels based on their need.  Accessible prescription labels help low-vision patients safely and…
October 19, 20160Comments

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Business Grocery Management Retail Retailer

Hannaford Supermarkets to acquire the Bud’s Shop ‘n Save stores in Newport and Dexter

SCARBOROUGH, Maine, 2016-Oct-19 — /EPR Retail News/ — Hannaford Supermarkets has reached an agreement to purchase the Bud's Shop 'n Save stores in Newport and Dexter. Bud's has been a wholesale customer of Hannaford for 63 years and carries a wide array of Hannaford-brand items. The transaction is expected to be complete in early December. Dean Homstead,…
October 19, 20160Comments

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Business Financial Grocery Management Philanthropy Retail Retailer

Hannaford donates $10,000 to Boys & Girls Club of Rutland County to support drug and alcohol prevention program

RUTLAND, Vermont, 2016-Oct-19 — /EPR Retail News/ — The Hannaford Charitable Foundation today (Oct. 17, 2013) announced a $10,000 donation to support the Smart Directions drug and alcohol prevention program at the Boys & Girls Club of Rutland County. The donation will allow the Boys & Girls Club of Rutland County to expand the Smart Directions initiative…
October 19, 20160Comments

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Business Home Decor Marketing Mobile Online Retailers Online Shopping Retail Retailer

Overstock.com kicked off its holiday season with its Black Friday Sneak Peek event

SALT LAKE CITY, 2016-Oct-19 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) today (Oct. 18, 2016) kicked off its holiday season with its Black Friday Sneak Peek event, allowing customers to fulfill their holiday shopping even earlier at even more affordable prices. The online retailer will be offering hand-curated doorbuster deals along with additional discounts of…
October 19, 20160Comments

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