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Monthly Archives: March 2017

Home2017Monthly Archives: March 2017
Business Financial Management Retail Retailer

Office Depot, Inc. reports improved profitability in 2016

Q4 2016 GAAP Diluted EPS from Continuing Operations of $0.10 versus $0.06 in Q4 2015 Realizes $700 Million in OfficeMax Integration Synergies Completes Sale of European Business BOCA RATON, Fla., 2017-Mar-06 — /EPR Retail News/ — Office Depot, Inc. (“Office Depot,” or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions,…
March 6, 20170Comments

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Business Children Financial Grocery Management Philanthropy Retail Retailer

SPAR Zimbabwe’s “Piggy Bank Challenge” provides support for children’s charity

Zimbabwe, 2017-Mar-06 — /EPR Retail News/ — SPAR Zimbabwe recently ran a campaign - the ‘Piggy Bank Challenge’ - aimed at educating children on the importance of saving money whilst at the same time providing financial support for children’s charity, Childline. Running until the end of February, the campaign saw piggy banks (money boxes) on sale in…
March 6, 20170Comments

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Business Consumer Information Food & Beverage Management Retail Retailer

Meijer recalls pre-made Caesar salads that were mislabeled as Greek salads

Grand Rapids, Mich., 2017-Mar-06 — /EPR Retail News/ — Meijer announced it is recalling a recent shipment of its pre-made Caesar salads  after discovering they were mislabeled as Greek salads. The mislabeled salads contain packaged croutons, which is an undeclared wheat allergen not included on the Greek salad kit label. Individuals who have an allergy or…
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Business Consumer Information Food & Beverage Management Retail Retailer

Versa Marketing recalls Fusia Szechuan Stir fry due to potential contamination of Listeria monocytogenes

Versa Marketing recalls Fusia Szechuan Stir fry due to potential contamination of Listeria monocytogenes   Fresno, CA, 2017-Mar-06 — /EPR Retail News/ — Versa Marketing Inc. of Fresno, CA is recalling 4,089 cases of Fusia Szechuan Stir fry because it has the potential to be contaminated with Listeria monocytogenes, an organism which can cause serious and sometimes…
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Business Children Electronics Games Marketing Retail Retailer Toys

Nintendo’s highly-anticipated new console, Switch arrives at Toys“R”Us stores nationwide

Nintendo's highly-anticipated new console, Switch arrives at Toys“R”Us stores nationwide   WAYNE, NJ, 2017-Mar-06 — /EPR Retail News/ — Gamers, rejoice! This Friday, March 3, Nintendo's highly-anticipated new console, Switch, will hit shelves at Toys“R”Us stores nationwide - no preorder required! A combination home console and handheld, Switch delivers an entirely new way to play whenever and wherever…
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Business Grocery Management Retail Retailer Supply Chain

Whole Foods Market opens new location in Newark, New Jersey

Newark, N.J., 2017-Mar-06 — /EPR Retail News/ — Whole Foods Market, America’s Healthiest Grocery store®, will celebrate the opening of its much anticipated Newark, New Jersey, location on Wednesday, March 1. The 29,000-square-foot store is located in the recently renovated Hahne and Company building at 633 Broad St. in the city’s Central Ward. Opening day will…
March 6, 20170Comments

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Business Food & Beverage Management Retail Retailer

X5 Retail Group opens new distribution centre in Orenburg, Russia

Orenburg, 2017-Mar-06 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer, announces the development of its logistics infrastructure in the Southern Ural Region with the opening of a distribution centre (DC) in Orenburg. The 19,000 sq m logistics facility will serve the Pyaterochka chain in the Orenburg Region…
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Apparel Business Furniture Management Retail Retailer

JCPenney announces the election of Debora Plunkett to its board of directors

Colleen Barrett to Retire from the Board in May PLANO, Texas, 2017-Mar-06 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today (March 2, 2017) announced the election of Debora Plunkett, former senior advisor to the director of the U.S. National Security Agency (NSA), to its board of directors. Possessing extensive experience in cybersecurity, information assurance…
March 6, 20170Comments

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Business Financial Grocery Management Retail Retailer Supply Chain

Meijer announces $375 million investment for seven new Meijer supercenters and 22 different remodel projects in 2017

Meijer announces $375 million investment for seven new Meijer supercenters and 22 different remodel projects in 2017   Investment includes retailer’s first stores in Michigan’s Upper Peninsula and the Green Bay, Wis. market GRAND RAPIDS, Mich., 2017-Mar-06 — /EPR Retail News/ — Meijer is investing more than $375 million in new and remodeled stores this year across its…
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Apparel Business Management Retail Retailer

Xcel Brands management team to present at the Bank of America Merrill Lynch 2017 Consumer and Retail Technology Conference

NEW YORK, 2017-Mar-06 — /EPR Retail News/ — Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a brand management and media company, today (March 02, 2017) announced Robert W. D'Loren, Chairman and Chief Executive Officer, and Seth Burroughs, Executive Vice President of Business Development and Treasury, will present at the Bank of America Merrill Lynch 2017…
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Business Grocery Management Retail Retailer

Fresh Grocer store opens at Monument Rd. in Philadelphia

PHILADELPHIA, PA, 2017-Mar-06 — /EPR Retail News/ — Brown’s Super Stores, operator of ShopRite supermarkets in the Philadelphia area for nearly three decades, cut the ribbon today (March 2, 2017) on its second Fresh Grocer store concept at 4160 Monument Rd. in Philadelphia. The new store brings 200 jobs to the area and offers an expanded selection of…
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Business Financial Management Retail Retailer Shops

Taubman Centers, Inc. declares regular quarterly dividend of $0.625 per share of common stock

BLOOMFIELD HILLS, Mich, 2017-Mar-06 — /EPR Retail News/ — The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today (03/02/2017) declared a regular quarterly dividend of $0.625 per share of common stock, an increase of 5 percent. The common dividend is payable March 31, 2017 to shareholders of record on March 15, 2017. Since…
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Business Grocery Marketing Online Retailers Retail Retail Services Retailer Supply Chain

Stater Bros. Markets expands Instacart online grocery ordering and home delivery service in Orange County to 26 supermarket locations

SAN BERNARDINO, CALIFORNIA, 2017-Mar-06 — /EPR Retail News/ — To provide added convenience and accommodate the evolving needs of its customers, Stater Bros. Markets is proud to announce the expansion of Instacart online grocery ordering and home delivery service in Orange County. Instacart's online grocery ordering and delivery service has gone from operating out of one Stater…
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Business Management Retail Retailer

Weingarten Realty Investors to participate in the Citi 2017 Global Property CEO Conference in Florida

HOUSTON, 2017-Mar-06 — /EPR Retail News/ — Weingarten Realty Investors (NYSE: WRI) today (3/2/2017) announced its participation in the Citi 2017 Global Property CEO Conference being held March 5th to March 8th in Hollywood, Florida. Andrew “Drew” Alexander, President and Chief Executive Officer, will present on Tuesday, March 7th. To listen to the presentation, please…
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Automotive Business Management Retail Retailer Sports

Advance Auto Parts becomes the Official Automobile Aftermarket Parts Partner of the Mexican National Team’s annual U.S. tour

Leading automotive aftermarket parts provider aligns with El Tricolor ROANOKE, Va. & NEW YORK, 2017-Mar-06 — /EPR Retail News/ — Advance Auto Parts, Inc. (NYSE: AAP) and the Federación Mexicana de Fútbol (FMF), the national governing body for the sport of soccer in Mexico, today (Mar. 2, 2017) announced a multi-year partnership, designating Advance Auto Parts as…
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Business Grocery Management Retail Retail Software Retailer Technology

Defense Commissary Agency to relaunch newly enhanced website this summer

Commissaries.com helps patrons maximize savings FORT LEE, Va., 2017-Mar-06 — /EPR Retail News/ — For commissary shoppers such as Air Force Command Chief Master Sgt. Stuart M. Allison, the Defense Commissary Agency website is a GPS to even greater savings opportunities. "My wife and I don't step foot into a commissary until we've first gone on commissaries.com…
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Business Grocery Management Retail Retailer

SPAR Austria teams up with Salzburg Technical College students to develop an energy self-sufficient supermarket

Austria, 2017-Mar-06 — /EPR Retail News/ — SPAR Austria is working with students from the Salzburg Technical College to develop an energy self-sufficient supermarket of the future. The work is being done as part of the College’s Smart Building study programme and SPAR Austria has provided energy data and retail planning knowledge from its existing EUROSPAR…
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Apparel Business Management Retail Retailer

Macy’s completes sale of its Minneapolis property at 700 Nicollet Mall to 601W Companies

Store anticipated to close in spring 2017 and slated for redevelopment by 601W Companies CINCINNATI, 2017-Mar-06 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today (Mar. 1, 2017) announced the completion of the sale of its downtown Minneapolis property located at 700 Nicollet Mall. The property was acquired by 601W Companies, which is planning a major…
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Business Children Discounts Financial Grocery Management Philanthropy Retail Retailer

Sainsbury’s stores in Liverpool trials autism friendly initiative

Sainsbury’s stores in Liverpool trials autism friendly initiative   London, 2017-Mar-06 — /EPR Retail News/ — Three Sainsbury’s stores in Liverpool are trialling an autism friendly initiative, helping Liverpool achieve its goal of being the first autism friendly city in the UK. Adjustments made to meet the needs of children with autism, all day every day …
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Business Fragrances Marketing Retail Retailer

Guerlain introduces Mon Guerlain its new women’s fragrance embodied by Angelina Jolie

Guerlain introduces Mon Guerlain its new women’s fragrance embodied by Angelina Jolie   Paris, 2017-Mar-06 — /EPR Retail News/ — Created for a strong, free and sensual woman, Mon Guerlain is Guerlain’s new fragrance, orchestrated by Guerlain Master Perfumer Thierry Wasser. Embodied by Angelina Jolie, the new fragrance is a tribute to Maison Guerlain’s unique savoir-faire, handed down…
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Business Furniture Home Decor Management Retail Retailer

IKEA US to install more electric vehicle (EV) charging stations bringing the total to 32 locations by early Spring

Conshohocken, PA, 2017-Mar-06 — /EPR Retail News/ —  IKEA US is in the process of installing more electric vehicle (EV) charging stations bringing the total to 32 IKEA locations by early Spring. The Three Blink® electric vehicle (EV) charging stations* reflect the IKEA goal to be carbon free, as EVs have zero tailpipe emissions. "Installing EV…
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Convenience Stores Financial Management Retail Retailer

Alimentation Couche-Tard to host 3Q 2017 financial results conference call on March 14th, 2017

Laval, 2017-Mar-06 — /EPR Retail News/ — Alimentation Couche-Tard Inc. (“Couche-Tard”) (TSX: ATD.A ATD.B), will be holding a conference call on March 14th, 2017 at 2:30pm (EST) to present its third quarter financial results for 2017. As such, Brian Hannasch, President and CEO, as well as Claude Tessier, Chief Financial Officer, will be the speakers and…
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Business Financial Management Retail Retailer

BRITISH RETAIL CONSORTIUM: Overall shop prices reported deflation of 1.0% in February

Overall shop prices reported deflation of 1.0% in February, a sharp deceleration from the 1.7% fall in January. Non-food deflation decelerated to 1.8% in February, an easing from the 2.3% decline in the previous month. Food reported inflation of 0.4% in February, a sharp acceleration from the 0.8% fall in January. This is…
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Business Management Retail Retailer

RILA appoints Jason Brewer as EVP, communications & state affairs and Brian Rose as director, state affairs & advocacy

Additions Signal Increased Focus On State Affairs Arlington , VA, 2017-Mar-06 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) recently welcomed the addition of two new members to the public affairs team, Jason Brewer, who will serve as executive vice president, communications & state affairs and Brian Rose, director, state affairs & advocacy. Jason…
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Apparel Business Financial Management Retail Retailer

Levi Strauss & Co. closes its private placement of €475 million aggregate principal amount 3⅜% Senior Notes due 2027

SAN FRANCISCO, 2017-Mar-06 — /EPR Retail News/ — Levi Strauss & Co. (the “Company”) announced today (February 28, 2017) that it has closed its private placement of €475 million aggregate principal amount 3⅜% Senior Notes due 2027 (the “Notes”). The Company also announced today that approximately $370.3 million (or approximately 71%) of its $525 million aggregate…
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Business Grocery Management Retail Retailer

RUSSIA: Lenta announces the opening of its third hypermarket in Cherepovets

With this opening, Lenta expands its network in the North-West region to 12 hypermarkets in 7 cities St. Petersburg, Russia, 2017-Mar-06 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its third hypermarket in Cherepovets. The new store is a Lenta compact format…
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Apparel Business Fashion Marketing Retail Retailer

Express introduces Express “Your Life, Your Dress Code” brand platform with the launch of its Spring 2017 campaign

Express introduces Express "Your Life, Your Dress Code" brand platform with the launch of its Spring 2017 campaign   COLUMBUS, Ohio, 2017-Mar-06 — /EPR Retail News/ — Express, Inc. (NYSE: EXPR) today ( Feb. 28, 2017) announced the Express "Your Life, Your Dress Code" brand platform with the launch of their Spring 2017 campaign. The new brand platform celebrates…
March 6, 20170Comments

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Business Jewelry Management Outlet Retail Retailer

James Avery to open new store in Tomball, Texas at Tomball Marketplace

KERRVILLE, TEXAS, 2017-Mar-06 — /EPR Retail News/ — James Avery, a Texas based family-owned jewelry retailer, announces the upcoming opening of its new store in Tomball, Texas at Tomball Marketplace located at the southwest corner of SH 249 and FM 2920 near Panera Bread. To celebrate the March opening, visitors of the new store may…
March 6, 20170Comments

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Business Financial Management Retail Retailer

Diebold Nixdorf reaffirms full-year 2017 financial guidance; introducing multi-year business integration roadmap, DN2020

Company also introduces DN2020 roadmap; establishes net cost improvement target of $200 million NORTH CANTON, Ohio, 2017-Mar-06 — /EPR Retail News/ — In advance of its Investor Day meeting today (Feb. 28, 2017) in New York, Diebold Nixdorf, Incorporated (NYSE: DBD) is reaffirming its full-year 2017 financial guidance.  The company is also introducing its multi-year business…
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