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Daily Archives: May 10, 2017

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Business Fashion Retail Retailer

Esprit by Opening Ceremony launches Spring/Summer 2017 collection

Esprit by Opening Ceremony launches Spring/Summer 2017 collection Ratingen/New York, 2017-May-10 — /EPR Retail News/ — This Spring, Opening Ceremony is once again collaborating with Esprit, debuting a collection which draws from the counterculture mall brand’s fresh, subversive history. Inspired by funhouse prints and sherbert stripes from Esprit’s ‘80s and ‘90s heydey—with silhouettes that will look as…
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Uncategorized

“Esprit Friends” customer loyalty programme recognised with the EDDI Award

“Esprit Friends” customer loyalty programme recognised with the EDDI Award Ratingen, Germany, 2017-May-10 — /EPR Retail News/ — The customer loyalty programme “Esprit Friends” was awarded the EDDI Award in the category B-to-C on 3 May. The award was presented by the Deutsche Dialogmarketing Verband (German Dialogue Marketing Association - DDV) within the context of the Dialogue…
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Business Financial Management

The Container Store Group, Inc to hold 4Q and Full Fiscal 2016 Earnings Conference Call on Tuesday, May 23, 2017

DALLAS, 2017-May-10 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) today (05.09.17) announced that its financial results for the fourth quarter and full fiscal 2016 will be released after market close on Tuesday, May 23, 2017. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.…
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Business Financial Management Retail Retailer

Costco Wholesale Corporation announces pricing of its offering of $3.8 billion aggregate principal amount of senior unsecured notes

ISSAQUAH, Wash., 2017-May-10 — /EPR Retail News/ — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq:COST) today (05.09.17) announced the pricing of its offering of $3.8 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches: $1.0 billion principal amount of 2.15% notes due May 18, 2021 $800.0 million…
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Business Financial Management Retail Retailer

Coach, Inc. signs definitive agreement to acquire Kate Spade & Company for $2.4 billion

Acquisition Expected to be Accretive in Fiscal 2018 and to Reach Double-Digit Accretion by Fiscal 2019 on a non-GAAP Basis NEW YORK, 2017-May-10 — /EPR Retail News/ — Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of modern luxury accessories and lifestyle brands, today (03.08.17) announced it has signed a definitive agreement to acquire Kate…
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Awards Business Human Resources Management Philanthropy Retail Retailer

The Wawa Foundation seeks nominations for its second annual “Hero Award”

Launched During the 2016 Wawa Welcome America! Festivities, the Second Annual Hero Award Will Honor Greater Philadelphia Area Non-Profits that Assist Others and Help to Advance Their Communities Wawa, PA., 2017-May-10 — /EPR Retail News/ — The Wawa Foundation, a registered 501(c)(3) non-profit founded to support Wawa’s charitable giving and philanthropic activities, is seeking nominations for its…
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Apparel Business Management Retail Retailer

REI Englewood, Colorado store to relocate to Greenwood Village in the fall of 2017

Co-op will continue to invest in local outdoor places, including $160,000 in local Colorado nonprofits this year SEATTLE, 2017-May-10 — /EPR Retail News/ — Outdoor co-op REI today (05.08.17) announced plans to relocate its Englewood, Colorado store to nearby Greenwood Village in the fall of 2017. After nearly two decades in its current location, the new store…
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Business Financial Management Mobile Point of Sale Retail Retail Services Retailer Technology

ScanSource reports of 2% net sales increase during 3Q FY2017 compared to the prior year quarter

Greenville, SC, 2017-May-10 — /EPR Retail News/ — ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions, today ( May 09, 2017) announced financial results for the third quarter of its fiscal year 2017, which ended March 31, 2017. "We are pleased to report both net sales and EPS within our forecast range,…
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Business Law Management Retail Retailer

Florida Retail Federation celebrates major accomplishments as 2017 Legislative Session comes to a close

TALLAHASSEE, FL, 2017-May-10 — /EPR Retail News/ — As the 2017 Legislative Session comes to a close, three days later than expected, the Florida Retail Federation (FRF) is celebrating several major accomplishments for retailers including the passage of a reduction in the business rent tax and 3-day sales tax holidays for back to school and disaster…
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Business Malls Management Retail Retailer

Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE

Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE   Sharjah, United Arab Emirates, 2017-May-10 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today (MAY 9, 2017) officially broke ground on what will be the company’s largest…
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Business Children Marketing Philanthropy Retail Retailer

Wendy’s and Snapchat launch new program to support children in foster care

Wendy's and Snapchat launch new program to support children in foster care   DUBLIN, Ohio, 2017-May-10 — /EPR Retail News/ — Find your best angle because the selfie has been given a larger purpose. Now, selfie takers can unlock an exclusive Snapchat filter at Wendy's® to support children in foster care. This program is part of Wendy's continued…
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Business E-Commerce Law Management Retail Retailer

Lexos patent lawsuit against ChannelAdvisor’s customer Costco Wholesale dismissed

Research Triangle Park, NC, 2017-May-10 — /EPR Retail News/ — ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today (May 8, 2017) announced the patent lawsuit filed by Lexos Media IP, LLC (“Lexos”) against ChannelAdvisor’s customer Costco Wholesale Corporation has been dismissed. After a critical…
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Business Financial Law Management Retail Retailer

ARA urges Government to make cuts to concurrent spending instead of slugging consumers with a Medicare levy tax hike

ARA urges Government to make cuts to concurrent spending instead of slugging consumers with a Medicare levy tax hike   Melbourne, Australia, 2017-May-10 — /EPR Retail News/ — The Australian Retailers Association (ARA) believe this year’s Federal Budget brings some relief for retailers through reducing Government debt, but at the undesirable cost of increasing taxes on Australian…
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Business Consumer Goods Management Retail Retailer

Sunoco to present at the 2017 MLP, Midstream and Natural Gas Conference hosted by Deutsche Bank

DALLAS, 2017-May-10 — /EPR Retail News/ — Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today (May 09, 2017) announced that its senior management will hold 1x1 meetings with institutional investors at the 2017 MLP, Midstream and Natural Gas Conference hosted by Deutsche Bank in New York City. Presentation materials to be used during these meetings are…
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Business Financial Management Retail Retailer

Maxima Grupė reports EUR 2.693 billion consolidated audited turnover in 2016

Vilnius, Lithuania, 2017-May-10 — /EPR Retail News/ — In 2016, consolidated audited turnover of “Maxima Grupė” companies in Baltic states, Poland and Bulgaria amounted to EUR 2.693 billion without VAT, consolidated net profit after tax comprised EUR 33 million, while investments in fixed assets exceeded EUR 67 million. More than EUR 179 million of taxes were…
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Apparel Business Financial Furniture Management Retail Retailer

J. C. Penney cash tender offers for two outstanding series of securities

PLANO, Texas, 2017-May-10 — /EPR Retail News/ —  J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”), as co-obligor on the Securities (as defined below), and J. C. Penney Corporation, Inc., a wholly owned subsidiary of the Company, as issuer of the Securities (“JCP”, and together with the Company, “J. C. Penney”), announced today the…
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Awards Business Grocery Management Retail Retailer

Kroger recognized for its commitment to the health and wellness of its associates by the Cincinnati Business Courier

CINCINNATI, 2017-May-10 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) was honored by the Cincinnati Business Courier as a 2017 Healthiest Employer.  The award recognizes the company for its commitment to the health and wellness of its more than 443,000 associates. "We're honored to be recognized as one of the healthiest employers in our headquarters…
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Business Grocery Marketing Retail Retailer

Giant Tiger launches its new spring/summer campaign

OTTAWA, 2017-May-10 — /EPR Retail News/ — Giant Tiger Stores Limited is launching its new spring/summer commercials today (May 8, 2017) with the continuation of the "Inner Voice" campaign. The marketing campaign will continue to use a woman's inner voice to create positive empowerment and self-acceptance messages while highlighting the great styles and prices Giant…
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Business Financial Grocery Management Philanthropy Retail Retailer

17th annual Hannaford Helps Schools campaign raised $640,000 for more than 1,500 local schools

Scarborough, Maine, 2017-May-10 — /EPR Retail News/ — Hannaford Supermarkets today (May 9, 2017) announced that the 17th annual Hannaford Helps Schools campaign has raised $640,000 for local schools in Maine, New Hampshire, Vermont, New York and Massachusetts. More than 1,500 schools received funds that they can use to support their educational program -- field trips, supplies,…
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Business Food & Beverage Management Restaurants Retail Retailer Travel

SSP America opens new food hall Marche C at Tampa International Airport

SSP America opens new food hall Marche C at Tampa International Airport   London, 2017-May-10 — /EPR Retail News/ — SSP America, a division of SSP Group, a leading operator of food and beverage brands in travel locations worldwide, has announced the opening of Marche C at Tampa International Airport, which is part of a larger 10-year…
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Business Grocery Management Retail Retailer

J Sainsbury plc announces the appointment of Phil Jordan as Group Chief Information Officer

J Sainsbury plc announces the appointment of Phil Jordan as Group Chief Information Officer   London, 2017-May-10 — /EPR Retail News/ — J Sainsbury plc today (05 May 2017) announces the appointment of Phil Jordan as Group Chief Information Officer (Group CIO). He will join the business in January 2018 and will be a member of Sainsbury’s Operating Board,…
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Apparel Business Environment Management Retail Retailer

H&M commits to doubling its energy productivity by 2030; joins EP100

STOCKHOLM, Sweden, 2017-May-10 — /EPR Retail News/ — H&M is the first international fashion retailer to join EP100 since its launch in May 2016. The company is now part of a global, collaborative initiative that consists of nine other major leading businesses such as Woolworths, Land Securities, Dalmia Cement, Swiss Re, and Johnson Controls. Led by…
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Business Furniture Home Decor Marketing Retail Retailer

Lowe’s Iris smart home security system expands with new professional monitoring service

Lowe’s Iris smart home security system expands with new professional monitoring service   MOORESVILLE, N.C., 2017-May-10 — /EPR Retail News/ — Lowe’s Companies, Inc. today (May 8, 2017) announced the release of a professional monitoring service for the all-inclusive, market-leading price of $14.95 per month for its Iris smart home security system. The new professional monitoring service gives…
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Business Food & Beverage Grocery Marketing Retail Retailer

Asda launches new product developments with Comber-based supplier Mash Direct

Asda launches new product developments with Comber-based supplier Mash Direct   Mash Direct cooks up ‘fresh’ new Asda deal LEEDS, England,, 2017-May-10 — /EPR Retail News/ — Family-owned Mash Direct has landed a significant contract with Asda to supply five new lines of its award-winning produce to selected Asda stores in Northern Ireland. The Comber-based supplier has extended its…
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Business Financial Grocery Management Retail Retailer

Albertsons distributes 1.7 cents cash per Contingent Value Right related to Property Development Centers sale of the assets

Holders to receive 1.7 cents cash per PDC Contingent Value Right Boise, ID, 2017-May-10 — /EPR Retail News/ — Albertsons Companies announced today (May 8, 2017 ) that it is distributing 1.7 cents cash per Contingent Value Right (a total of approximately $4 million) related to the sale of the assets of Safeway’s property development subsidiary, Property…
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Business Entertainment Marketing Restaurants Retail Retailer

Chipotle announces its first-ever Trifesta VIP Sweepstakes

From May 8 – May 22, Fans Can Text to Win a Festival Package to Experience Lollapalooza, Life is Beautiful Festival and Austin City Limits Music Festival DENVER, 2017-May-10 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE:CMG) is helping its fans get into summer festival mode with its first-ever Trifesta VIP Sweepstakes. The sweepstakes gives fans…
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