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Daily Archives: May 8, 2017

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Express To Close All Canadian Stores To Optimize Store Footprint

Express to close its 17 stores in Canada; following these closings, Express will continue to operate 635 stores in the U.S. Actions aligned with strategic focus on improving profitability and optimizing the store footprint COLUMBUS, Ohio, 2017-May-08 — /EPR Retail News/ — Express, Inc. (NYSE:EXPR) (the “Company”) today (May 4, 2017) announces an additional measure…
May 8, 20170Comments

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Apparel Business Financial Management Retail Retailer

Abercrombie & Fitch to Hold Quarterly Earnings Conference Call on May 25

New Albany, Ohio, 2017-May-08 — /EPR Retail News/ — Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on May 25, 2017, at 8:30 a.m. EDT.  A press release detailing the company's first quarter results is expected to be issued shortly after 7:30 a.m. EDT. What: Abercrombie &…
May 8, 20170Comments

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Beauty Business Cosmetics Financial Management Philanthropy Retail Retailer

Avon’s New Fundraising Initiative and Grant To Support Survivors of Domestic Violence

New Limited-Edition Fundraising Tote Introduced by Avon, Featuring Artwork Designed by Three Children Who Resided with Their Mother at One of Sanctuary for Families’ Shelters NEW YORK, 2017-May-08 — /EPR Retail News/ — Today (May 4, 2017), New Avon LLC (“Avon”) and the Avon Foundation for Women launch a new fundraising initiative in support of domestic violence victims, and announce a…
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Business Financial Law Management Retail Retailer

Retail Industry Hopes for Tax Reforms, Infrastructure Investment, and Skills Funding

Melbourne, Australia, 2017-May-08 — /EPR Retail News/ — The Australian Retailers Association (ARA) and its members are hoping next week’s Federal Budget announcement will bring relief to the industry through tax reform, smart infrastructure investment and additional skills funding. Russell Zimmerman, Executive Director of the ARA said the retail industry have been looking to both the…
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Business E-Commerce Financial Management Retail Retailer

Shopify Shows Excellent Start to the Year With First Quarter 2017 Results

First-Quarter Revenue Grows 75% Year on Year First-Quarter Gross Merchandise Volume Grows 81% Year on Year Shopify reports in U.S. dollars and in accordance with U.S. GAAP Ottawa, Canada, 2017-May-08 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SHOP), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today (May 2,…
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Apparel Business Management Retail Retailer

New Chief Financial Officer for Nordstrom Announced

SEATTLE, 2017-May-08 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced today (May 4, 2017) that Anne Bramman is joining the company as Chief Financial Officer (CFO), effective June 2, 2017. "After a thorough search for a CFO, we're excited to have Anne join our team," said Blake Nordstrom, co-president of Nordstrom, Inc. "Anne's breadth of financial…
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Business Marketing Online Retailers Retail Retail Services Retail Software Retailer

Amazon FreeTime Unlimited service now on Android phones and tablets

Amazon FreeTime Unlimited service now on Android phones and tablets   Amazon adds popular FreeTime app to Google Play—now kids can enjoy their favorite books, videos, YouTube videos, and websites inside FreeTime for the first time on a phone FreeTime Unlimited service blends world-class parental controls with access to over 10,000 age-appropriate titles from brands…
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Business Entertainment Grocery Management Outlet Retail Retailer

Whole Foods Market opens its third store in Charlotte located at Waverly Walk Avenue on Tuesday, May 23

Community invited to BBQ & Bluegrass event benefiting Sustain Charlotte on Saturday, May 20 CHARLOTTE, N.C., 2017-May-08 — /EPR Retail News/ — Whole Foods Market will open its third store in Charlotte on Tuesday, May 23, at 7221 Waverly Walk Avenue. Opening day shoppers will be greeted with door-buster deals and an array of product demonstrations and…
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Business Discounts Food & Beverage Marketing Retail Retailer

Get Half Off Your Frappuccino With Frappuccino Happy Hour

Get Half Off Your Frappuccino With Frappuccino Happy Hour   Seattle, 2017-May-08 — /EPR Retail News/ — Frappuccino Happy Hour is back! Starting Friday, customers who visit participating Starbucks® stores in the United  States and Canada between 3 and 6 p.m. local time can enjoy half-off Frappuccino® blended beverages, any flavor and any size. This summer's featured Frappuccino® beverages include…
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Business Food & Beverage Management Retail Retailer

Starbucks Expands Caribbean Presence With First Store in Jamaica

Starbucks Expands Caribbean Presence With First Store in Jamaica   Starbucks has granted Caribbean Coffee Traders Limited the exclusive rights to develop and operate stores in Jamaica SEATTLE and KINGSTON, Jamaica, 2017-May-08 — /EPR Retail News/ —Starbucks Coffee Company (NASDAQ: SBUX) today (May 4, 2017) announced it has entered a geographic licensing agreement with Caribbean Coffee Traders Limited,…
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Awards Business Grocery Philanthropy Retail Retailer

Meijer launches its first-ever “Homeroom Heroes” contest to honor teachers

Winning school to receive more than $1,000 in supplies from Meijer and its partners GRAND RAPIDS, Mich., 2017-May-08 — /EPR Retail News/ — Meijer is honoring local teachers in its six-state footprint through its first-ever  “Homeroom Heroes” contest. Now through May 13, parents are encouraged to nominate a teacher in their community and explain why the educator…
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Business Food & Beverage Marketing Retail Retailer

Starbucks Rewards Loyalty Program Introduces New Way to Earn Stars in the Grocery

Starbucks Rewards Loyalty Program Introduces New Way to Earn Stars in the Grocery   Seattle, 2017-May-08 — /EPR Retail News/ — Members of Starbucks Rewards™ loyalty program have a new way to earn Stars as the program expands down the grocery aisle to now include Starbucks® K-Cups® Packs and ready-to-drink beverages. The expansion more than triples the number…
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Business Financial Management Philanthropy Retail Retailer

Sears and Rebuilding Together To Raise Funds And Assist Military Families

Sears and Rebuilding Together To Raise Funds And Assist Military Families   HOFFMAN ESTATES, Ill., 2017-May-08 — /EPR Retail News/ — Sears' commitment to supporting veterans and military families dates back to WWI and has never wavered. That legacy endures as Sears launches its 10th annual Heroes at Home campaign with Rebuilding Together to raise funds and assist…
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Apparel Business Management Retail Retailer

Macy’s and Tailored Brands Inc. Partnership Wind Down Operations

CINCINNATI & FREMONT, Calif., 2017-May-08 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) and Tailored Brands, Inc. (NYSE:TLRD) today (May 3, 2017) announced their joint plan to wind down operations under the tuxedo rental license agreement Macy’s, Inc. had established with Men’s Wearhouse on June 9, 2015. “Macy’s is always looking for new partnerships that benefit…
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Apparel Beauty Business E-Commerce Entertainment Fashion Food & Beverage Management Retail Retailer

Martha Stewart brand to launch at QVC

Martha Stewart brand to launch at QVC America's Most Trusted Lifestyle Expert to Appear on QVC NEW YORK, 2017-May-08 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) ("Sequential" or the "Company") and QVC, Inc. announced today (May 4, 2017) a multi-year agreement for the Martha Stewart brand. Under the new agreement, QVC will launch several categories for…
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Art Business Fashion Management Retail Retailer

Creativity, Sustainability, and Innovating Luxury With LVMH and Central Saint Martins Partnership

Creativity, Sustainability, and Innovating Luxury With LVMH and Central Saint Martins Partnership   Paris, 2017-May-08 — /EPR Retail News/ — On May 4, 2017 LVMH and Central Saint Martins announced a groundbreaking new partnership to promote creativity and identify cutting-edge solutions to drive  sustainability and innovation in luxury. Under the banner LVMH & Central Saint Martins “Sustainability &…
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Business Furniture Home Decor Human Resources Management Philanthropy Retail Retailer

Lowe’s And Habitat for Humanity Empower Women With Construction Skills

Lowe’s And Habitat for Humanity Empower Women With Construction Skills   ATLANTA, 2017-May-08 — /EPR Retail News/ — More than 17,000 women volunteers will come together starting Saturday in their local communities to help build or improve affordable homes alongside future homeowners as part of Habitat for Humanity and Lowe’s 10th annual National Women Build Week. With the…
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Business Food & Beverage Grocery Management Retail Retailer

Fair Trade Certified Scallops Now Available in Albertsons Companies

Fair Trade Certified Scallops Now Available in Albertsons Companies   Santa Monica Seafood® Signature Sea Scallops available at Albertsons, Vons and Pavilions stores in Southern California and coming soon to Safeway in Northern California BOISE, Idaho, 2017-May-08 — /EPR Retail News/ — Albertsons Companies today (May 4th, 2017) announced that it has expanded its Fair Trade Certified™ seafood…
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Apparel Beauty Business Management Retail Retailer

Meet The New Managing Director For Marks And Spencer’s Clothing, Home & Beauty.

LONDON, 2017-May-08 — /EPR Retail News/ — Marks & Spencer announces that Jill McDonald, currently CEO at Halfords, has been appointed to the new role of Managing Director, Clothing, Home & Beauty. Jill’s role will have overall profit and loss accountability for all aspects of the M&S non-Food business, from design and sourcing through to…
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Business Law Management Retail Retailer

BRC Publishes Recommendations For Next Government That Promotes Interests of Retail Industry Consumers

London, 2017-May-08 — /EPR Retail News/ — The British Retail Consortium (BRC) has today (May 04, 2017) published its recommendations for the next Government. ‘Pioneers’ sets out the retail industry’s vision for a plan that promotes the interests of consumers in the Brexit negotiations and supports a pioneering, responsible and vibrant industry for the future. HELEN DICKINSON…
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Business Law Management Retail Retailer

BRC And Other Trade Bodies Request For Fundamental Reform of Business Rates System

London, 2017-May-08 — /EPR Retail News/ — The BRC, along with a number of other trade bodies, are co-signatories to a letter sent to the three political parties to make the case for fundamental reform of the business rates system. The challenges businesses face as the UK negotiates its future relationship with Europe has made reducing the…
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House Action To Repeal Obamacare Welcomed By Retailers

WASHINGTON, 2017-May-08 — /EPR Retail News/ — The National Retail Federation today (May 4, 2017) applauded the House for passing the American Health Care Act, legislation that would repeal the Affordable Care Act. “Nothing in health care is ever easy or simple, but the House has shown its commitment to closing the book on Obamacare,” NRF…
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Apparel Business Fashion Financial Management Online Retailers Retail Retailer

Yoox Net-A-Porter Group’ 2017 First Quarter Trading Statement Presentation Released To The Public

Milan, Italy, 2017-May-08 — /EPR Retail News/ — YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, hereby informs that YNAP’s 2017 First Quarter Trading Statement Prsentation is available to the public on the Company’s website at www.ynap.com (Investor Relations Section / Results Centre / Presentations) at www.ynap.com/pages/investor-relations/results-centre/presentation/2017. YOOX NET-A-PORTER GROUP YOOX NET-A-PORTER GROUP…
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Business Environment Financial Management Retail Retailer

SIRCA Funding To Develop New Way To Clean Up Soil at Former Gas Stations

Saskatoon, SK, 2017-May-08 — /EPR Retail News/ — Funding announced this week will help SIRCA partners develop and test a new way to clean up the soil at former gas stations. Biowaste from a cattle processing plant is being converted into a water-based, nutrient-rich material to be injected into the ground to aid in the digestion…
May 8, 20170Comments

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Apparel Business Equipment Financial Management Retail Retailer

Cabela’s Inc Experienced Challenging Traffic Patterns In Release of First Quarter 2017 Results

First Quarter GAAP Diluted EPS of $0.28 and Non-GAAP Diluted EPS of $0.40 Cabela’s CLUB® Avg. Receivables Grew 11.0% Consolidated Retail Comparable Store Sales Decreased 8.9% SD&A Expenses Decreased $1.3 Million to $327.9 Million on a GAAP Basis and Decreased $3.1 Million to $318.6 Million on a Non-GAAP Basis SIDNEY, Neb., 2017-May-08…
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Business Financial Management Retail Retailer

RioCan Real Estate Investment Trust To Redeem All Its Outstanding Cumulative Rate Reset Preferred Trust Units Series C

TORONTO, ONTARIO, 2017-May-08 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today ( May 3, 2017) announced that it will exercise its right to redeem all of its 5,980,000 outstanding Cumulative Rate Reset Preferred Trust Units, Series C (the "Series C Units") on June 30, 2017 at the cash redemption price of…
May 8, 20170Comments

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Business Financial Management Restaurants Retail Retailer

Restaurant Brands International, Inc. Announces Pricing, Upsizing, and Revised Sizing of their Senior Notes and Incremental Facility

OAKVILLE, ON, 2017-May-08 — /EPR Retail News/ — Restaurant Brands International Inc. ("RBI") (TSX/NYSE: QSR, TSX: QSP) and 1011778 B.C. Unlimited Liability Company (the "Issuer") and New Red Finance, Inc. (the "Co-Issuer" and, together with the Issuer, the "Issuers") announced today (May 3, 2017) that the Issuers priced their previously announced offering of 4.250% First Lien…
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