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Daily Archives: April 29, 2017

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Medici Ventures takes an observer’s seat in bitcoin startup Ripio’s board of directors meetings

Overstock.com’s blockchain subsidiary announces participation in Ripio’s Series A financing SALT LAKE CITY, 2017-Apr-29 — /EPR Retail News/ —  Medici Ventures, a global leader in advancing blockchain technology, has added bitcoin consumer financial service platform Ripio to its portfolio of strategic blockchain-focused investments through participation in Ripio’s Series A financing. In addition to Medici Ventures’ equity…
April 29, 20170Comments

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Business Grocery Retail Retailer

Sprouts Farmers Market President and CEO Jim Nielsen and CFO Brad Lukow to present at the BMO Capital Markets 12th Annual Farm to Market Conference

PHOENIX, 2017-Apr-29 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today (April 27, 2017) announced that Jim Nielsen, president & chief operating officer, and Brad Lukow, chief financial officer, will present at the BMO Capital Markets 12th Annual Farm to Market Conference at the Grand Hyatt New York. The presentation will begin at 8:10…
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Art Business Marketing Retail Retailer

Sainsbury’s Home research: 1 in 10 Brits last sent a handwritten card or letter over five years ago

Sainsbury’s Home research: 1 in 10 Brits last sent a handwritten card or letter over five years ago London, 2017-Apr-29 — /EPR Retail News/ — New research reveals true extent of the demise of handwritten correspondence in the 21st century; Tech generation set to revive flagging penmanship skills. The average Brit last sent a handwritten card or…
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Business Food & Beverage Management Retail Retailer

Starbucks Reserve® Roastery to open on Chicago’s Magnificent Mile in 2019

Starbucks Reserve® Roastery to open on Chicago’s Magnificent Mile in 2019 One-of-a-kind coffee experience will be built in an iconic retail space on North Michigan Avenue  Chicago Reserve® Roastery to be the third in the U.S. and sixth internationally for the company as Starbucks continues to transform the global coffee industry  New Roastery expands Starbucks portfolio of premium…
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Business Food & Beverage Management Retail Retailer

Starbucks announces locations of its next five Military Family Stores

The newly dedicated stores will provide a welcoming environment for all customers, with particular recognition and support of the local military community SEATTLE, 2017-Apr-29 — /EPR Retail News/ — As part of its continued commitment to the veteran and military spouse community, Starbucks today (April 25, 2017) announced the locations of its next five Military Family Stores (MFS):…
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Art Business Management Retail Retailer Technology

Majid Al Futtaim expands its leisure and entertainment offerings with the opening of Orbi Dubai on 7th May in City Centre Mirdif

Majid Al Futtaim expands its leisure and entertainment offerings with the opening of Orbi Dubai on 7th May in City Centre Mirdif   Dubai, UAE, 2017-Apr-29 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today (Apil26, 2017) announced that Orbi Dubai, a…
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Business Financial Grocery Management Philanthropy Retail Retailer

“Take A Walk Down First Street” Sweepstakes Offers Shoppers A Chance To Donate To Their Choice of Nonprofit Organizations

COMMERCE, Calif., 2017-Apr-29 — /EPR Retail News/ —  Smart & Final Stores, Inc. (NYSE: SFS) – the neighborhood warehouse grocery store – today (April 26, 2017) announced it will transition the full line of Tradewinds Spices & Seasonings under its signature First Street private label brand, expanding its national brand equivalent or better tier of…
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Business Consumer Information Healthcare Management Retail Retailer

CVS Health Reports Prescription Drug Abuse as A Growing Problem

WOONSOCKET, R.I., 2017-Apr-29 — /EPR Retail News/ — CVS Health (NYSE: CVS) today (April 27, 2017) released a new report following a CVS Health-Morning Consult survey which found Americans see prescription drug abuse as a growing problem that is increasingly impacting their lives. Days ahead of the Drug Enforcement Agency's (DEA) National Prescription Drug Take Back…
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Awards Business Management Retail Retailer

LS Retails’ Top Performing Business Partners Honored At conneXion Madrid

Madrid, Spain, 2017-Apr-29 — /EPR Retail News/ — LS Retail honored its best-performing partners during a dinner and awards ceremony that took place at Santiago Bernabéu Stadium in Madrid, Spain, on April 26. The awards dinner closed the first day of conneXion, LS Retail’s yearly retail and hospitality conference and Expo, which this year takes…
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Business Grocery Management Retail Retailer

B&M’s Local Hero Initiative Invites Gutsy Grandma To Help Open New Wellingborough Store

Hartlepool, United Kingdom, 2017-Apr-29 — /EPR Retail News/ — B&M invited along a very special guest to help open the brand new Wellingborough store on Wednesday. The new Bargain store is based on Market Street and has created more than 30 new jobs for local people. Visitors to the sort will be able to browse a whole…
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Business Financial Management Retail Retailer Toys

Build-A-Bear Workshop’s Reports Sales Performance Impacted by Shift in Valentine’s Day and Easter in First Quarter Fiscal 2017 Results

Build-A-Bear Workshop, Inc. Reports Consolidated Comparable Sales and Profit in Line with Guidance with First Quarter Fiscal 2017 Results First quarter consolidated comparable sales decline 8.1%, in line with guidance, reflecting holiday shifts and following a 2.2% increase in the fiscal 2016 first quarter First quarter results include GAAP pre-tax income of $4.6 million…
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Business Financial Management Restaurants Retail Retailer

BJ’s Restaurants Inc. Shows Marked Improvements in First Quarter Fiscal 2017 Results

HUNTINGTON BEACH, Calif., 2017-Apr-29 — /EPR Retail News/ — BJ’s Restaurants, Inc. (NASDAQ:BJRI) today (April 27, 2017) reported financial results for its fiscal 2017 first quarter ended Tuesday, April 4, 2017. First Quarter 2017 Highlights Compared to First Quarter 2016 Total revenues grew 5.9% to $257.8 million Total restaurant operating weeks increased approximately 10% Comparable restaurant…
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Business Financial Law Management Retail Retailer

Retailers Agree Proposed Comprehensive Tax Reform Could Help Economy Grow

WASHINGTON, 2017-Apr-29 — /EPR Retail News/ — The National Retail Federation today (April 26, 2017) welcomed the proposal on comprehensive tax reform released by President Trump. “Retailers commend the president for his leadership on much-needed comprehensive tax reform,” NRF President and CEO Matthew Shay said. “What matters most is that we enact pro-growth tax policy for…
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Business Financial Law Management Retail Retailer

Retailers Urge Congress To Help Save Consumers Billions With Swipe Fee Reform

WASHINGTON, 2017-Apr-29 — /EPR Retail News/ — The National Retail Federation and retailers from across the country went to Capitol Hill today (April 26, 2017) as Congress held a hearing on legislation that would repeal debit card swipe fee reform, telling lawmakers that reform has saved merchants and consumers more than $40 billion and should be…
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Business Financial Management Retail Retailer

Unibail-Rodamco SE Shares Results of Annual General Meeting

Paris, Amsterdam, 2017-Apr-29 — /EPR Retail News/ — Unibail-Rodamco’s Annual General Meeting took place at the Hôtel Salomon de Rothschild, in Paris. All 24 resolutions submitted for approval by shareholders were adopted by very large majorities. Detailed results of the votes are available on the Group’s website (www.unibail-rodamco.com). Among other matters, shareholders approved the Group's annual accounts…
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Business Equipment Financial Management Retail Retailer

Tractor Supply Company Encouraged By Significant Spring Business After Release of First Quarter Fiscal 2017 Results

Sales Increased 6.6% to $1.56 Billion; Comparable Store Sales Decreased 2.2%; Earnings per Share Decreased 8.0% to $0.46 BRENTWOOD, TN, 2017-Apr-29 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (04/26/17 ) announced financial results for its first quarter ended April 1, 2017. First…
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Business Financial Management Restaurants Retail Retailer

Chipotle Off To A Good Start With First Quarter 2017 Results

DENVER, 2017-Apr-29 — /EPR Retail News/ — Chipotle Mexican Grill, Inc. (NYSE: CMG) today (Apr. 25, 2017) reported financial results for its first quarter ended March 31, 2017. Overview for the first quarter of 2017 as compared to the first quarter of 2016: Revenue increased 28.1% to $1.07 billion Comparable restaurant sales increased 17.8% (including 0.6%…
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Business Financial Management Retail Retailer

Kimco Realty Shows Strong Results For First Quarter 2017

NEW HYDE PARK, New York, 2017-Apr-29 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM) today ( April 26, 2017) reported results for the first quarter ended March 31, 2017. First Quarter Highlights  Net income available to the company’s common shareholders of $65.2 million, or $0.15 per diluted share;  Signed 497 new leases, renewals…
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Apparel Business Financial Management Retail Retailer

L Brands To Hold A Webcast For April 2017 Sales Results

COLUMBUS, Ohio, 2017-Apr-29 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the April Sales report. The broadcast will be available on the Internet on Thursday, May 4 at 7:30 a.m. ET. What:   L Brands April Sales Report When:  7:30 a.m. ET on Thursday,…
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Business Financial Grocery Management Retail Retailer

Supervalu Finishes Fiscal 2017 With Momentum

Fourth quarter net earnings from continuing operations of $6 million; adjusted EBITDA of $124 million Fourth quarter net earnings per share from continuing operations of $0.02; adjusted earnings per share of $0.13 Completion of Save-A-Lot sale in fourth quarter strengthened balance sheet Agreement to acquire Unified Grocers announced in April 2017 …
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