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Daily Archives: May 25, 2017

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Apparel Business Financial Management Retail Retailer Technology

$350,000 funding for the inaugural class of LS&Co. Collaboratory fellowship program to accelerate innovation in sustainable apparel

Funding part of global fellowship program to accelerate innovation in sustainable apparel SAN FRANCISCO, 2017-May-25 — /EPR Retail News/ — Levi Strauss & Co. (LS&Co.) today (May 24, 2017)  announced it is granting more than $350,000 to the inaugural class of LS&Co. Collaboratory fellows who are working to create a more sustainable apparel industry. The funding will…
May 25, 20170Comments

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Business Financial Management Mobile Retail Retailer

Dixons Carphone’s Seb James on 4Q 2016/17: continued to grow our business and maintained very high levels of customer satisfaction

London, 2017-May-25 — /EPR Retail News/ — Another year of growth for Dixons Carphone Trading update for the 16 weeks ended 29 April 2017 Group reported revenues up 9% for the full year (up 6% in Q4) like-for-like revenues up 4% for the full year (up 2% in Q4) growth across all regions Group…
May 25, 20170Comments

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Apparel Business Financial Management Retail Retailer

The Container Store Group Q4 FY 2016: strong fourth quarter performance that exceeded our expectations

Fourth Quarter Earnings Per Share More Than Doubles to $0.17; SG&A Savings and Efficiency Program Continues to Drive Financial Results Improvement in Comparable Store Sales to -0.2% Expects Fiscal 2017 Earnings Per Share of $0.25 to $0.35 COPPELL, Texas, 2017-May-25 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) (the “Company”), today…
May 25, 20170Comments

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Business Financial Law Management Retail Retailer

Food Marketing Institute (FMI): no room for border adjustments in tax reform

ARLINGTON, VA, 2017-May-25 — /EPR Retail News/ — Food Marketing Institute (FMI) submitted a statement for the record to the U.S. House of Representatives Committee on Ways and Means hearing on Increasing U.S. Competitiveness and Preventing American Jobs from Moving Overseas: How Border Adjustment and Other Policies Will Boost Jobs, Investment, and Growth in the…
May 25, 20170Comments

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Business Financial Food & Beverage Management Retail Retailer

FMI CEO Sarasin on President Trump’s budget proposal to reduce expenditures on the Supplemental Nutrition Assistance Program

ARLINGTON, VA, 2017-May-25 — /EPR Retail News/ — Food Marketing Institute (FMI) President and CEO Leslie G. Sarasin issued the following statement regarding the summary of President Trump’s budget proposal that estimates $2 billion in revenue to reduce expenditures on the Supplemental Nutrition Assistance Program (SNAP) would be generated for the first time, by imposing fees…
May 25, 20170Comments

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Automotive Business Management Online Retailers Retail Retailer

eBay Motors hits the road with TV host Rutledge Wood to overhaul a 1967 Ford Mustang Fastback

eBay Motors hits the road with TV host Rutledge Wood to overhaul a 1967 Ford Mustang Fastback   ‘On the Road with eBay Motors’ five-city tour gets creative with parts to build a unique custom car. San Jose, California, 2017-May-25 — /EPR Retail News/ — This summer, eBay Motors hits the road with TV host and racing analyst…
May 25, 20170Comments

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Business Financial Food & Beverage Management Retail Retailer

DAVIDsTEA to release 1Q FY 2017 financial results on Wednesday, June 7, 2017

MONTREAL, 2017-May-25 — /EPR Retail News/ — DAVIDsTEA Inc. (Nasdaq:DTEA) today (May 24, 2017) announced that its financial results for the first quarter fiscal 2017 will be released after market close on Wednesday, June 7, 2017.  The Company will host a conference call at 4:30 p.m. Eastern Time that day to discuss the financial results. The conference…
May 25, 20170Comments

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Apparel Business Management Retail Retailer

J.Crew Group announces strategic changes across its organization

NEW YORK, 2017-May-25 — /EPR Retail News/ — J.Crew Group, Inc. (the "Company") today announced several strategic changes across its organization to better position the Company for sustainable and profitable growth. "Today's retail environment is changing more rapidly than ever before. Customers demand greater speed to market, convenience and personalized shopping experiences" said J.Crew Chairman and…
May 25, 20170Comments

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Business Financial Jewelry Management Retail Retailer

Tiffany 1Q 2017 results: Net earnings of $93 million compared with $87 million a year ago

NEW YORK, 2017-May-25 — /EPR Retail News/ — Tiffany & Co. (NYSE:TIF) today (May 24, 2017) reported its financial results for the three months ("first quarter") ended April 30, 2017. An increase in net earnings per diluted share primarily reflected a higher operating margin. Management is maintaining its earnings guidance for the year. In the first quarter: …
May 25, 20170Comments

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Business Management Retail Retailer

Ediston: Cathedral Square, Guildford refurbishment work due to complete in October 2017

Edinburgh, Scotland, 2017-May-25 — /EPR Retail News/ — A contract with a value of £7.9m was placed by Ediston Opportunity Partnership II prop Co. II Sarl in January 2017 with Overbury PLC to refurbish Cathedral Square, Guildford. Cathedral Square is a 120,000 sq. ft. Grade A office and the work will include a comprehensive refurbishment of…
May 25, 20170Comments

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Business Management Retail Retailer Shopping

Ediston Real Estate announces second retail terrace at Gallagher Shopping Park, Port Glasgow

Edinburgh, Scotland , 2017-May-25 — /EPR Retail News/ — Works to construct the second retail terrace at Gallagher Shopping Park, Port Glasgow, achieved Practical Completion in May 2017. This brings a conclusion to construction works totalling in excess of £12m, split between two retail terraces and constructed by Heron Brothers Limited between September 2015 and…
May 25, 20170Comments

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Business Financial Management Retail Retailer Technology

Leading Swiss bank PostFinance AG to install 820 Diebold Nixdorf ATMs and cash recycling systems

NORTH CANTON, Ohio and PADERBORN, Germany, 2017-May-25 — /EPR Retail News/ — PostFinance AG, a leading Swiss bank, is upgrading its self-service network with new technology, monitoring software and services from Diebold Nixdorf (NYSE: DBD). The new systems will be equipped with barcode and near field communication (NFC) readers that will enable contactless transactions using…
May 25, 20170Comments

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Business Financial Law Management Retail Retailer

International Trade Commission issued final ruling in favor of Diebold Nixdorf in its patent infringement case against Nautilus Hyosung

International Trade Commission prohibits import of Hyosung ATMs with infringing technology NORTH CANTON, Ohio, 2017-May-25 — /EPR Retail News/ — Diebold Nixdorf, Incorporated (NYSE: DBD) today (May 23, 2017) announced that the International Trade Commission (ITC) has issued a final ruling in favor of Diebold Nixdorf in its patent infringement case against Korea-based Nautilus Hyosung. The…
May 25, 20170Comments

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Business Management Retail Retailer

LCP appointed to manage Churnet Park in Leek, North Staffordshire

LCP appointed to manage Churnet Park in Leek, North Staffordshire   London, 2017-May-25 — /EPR Retail News/ — Leading property investment and management company LCP has increased its portfolio after being appointed to manage Churnet Park in Leek, North Staffordshire. LCP, which is based in Kingswinford, West Midlands, will now manage the park on behalf of Sheet Anchor…
May 25, 20170Comments

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Business Food & Beverage Marketing Retail Retailer

Costa unveils its latest menu innovation — the Costa Cold Brew

Costa Cold Brew launched across selected stores as the nation’s favourite coffee shop launches a new coffee innovation Premium Costa Cold Brew is crafted and then steeped over 20 hours in-store for a smooth, rich flavour experience London, 2017-May-25 — /EPR Retail News/ — Introducing Costa Cold Brew; the latest menu innovation bolstering the coffee…
May 25, 20170Comments

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Business Consumer Goods Malls Management Retail Retailer Shopping

Al Meera opened the doors to its new Community Shopping Mall in Leaibab

Al Meera opened the doors to its new Community Shopping Mall in Leaibab   DOHA, Qatar, 2017-May-25 — /EPR Retail News/ — Bringing the current phase of its expansion plan to fruition, Al Meera Consumer Goods Company (Q.S.C) has opened the doors to its new Community Shopping Mall in Leaibab, which introduces Al Meera’s trademark modern interior designs,…
May 25, 20170Comments

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Business Management Retail Retailer

RioCan to sell 50% interest in Sunnybrook Plaza to Concert Real Estate Corporation

TORONTO, ONTARIO, 2017-May-25 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) and Concert Real Estate Corporation ("Concert") are pleased to announce the signing of a firm agreement on May 17, 2017, with RioCan selling a 50% interest in Sunnybrook Plaza at a sale price of $26.3 million ($52.5 million at 100%)…
May 25, 20170Comments

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Business Consumer Information Food & Beverage Management Retail Retailer

Armour Eckrich Meats recalls ready-to-eat sausage products that may be contaminated with extraneous materials

This recall does not impact retail consumers. The product was never sold in retail stores. This is a voluntary recall of a limited quantity of Eckrich® Cheddar Smok-y smoked sausage products sold to our foodservice customers ONLY. WASHINGTON, 2017-May-25 — /EPR Retail News/ — Armour Eckrich Meats, LLC, a Junction City, Kan. establishment,…
May 25, 20170Comments

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Business Grocery Management Retail Retailer

New partnership to expand SPAR Brand in Southeast China

SPAR China Partners show increased revenue, growth in store numbers and announce new partner China, 2017-May-25 — /EPR Retail News/ — SPAR International (“SPAR”) and Yunnan Anning Jinfang Commercial Group (“Jinfang”) have announced a new partnership agreement authorising Jinfang to grow the SPAR Brand in Southeast China across Yunnan Province, Liu Pan Shui City, Bijie City, Buyi…
May 25, 20170Comments

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Business Grocery Management Retail Retailer

SpartanNash appoints Kathy Mahoney as President MDV military division

SpartanNash appoints Kathy Mahoney as President MDV military division   Senior executive expands her role with the nation's fifth largest food distributor and leading distributor of grocery products to U.S. commissaries Byron Center, MI,, 2017-May-25 — /EPR Retail News/ — SpartanNash (Nasdaq: SPTN) today (May 24th, 2017) announced Executive Vice President and Chief Legal Officer Kathy Mahoney has been…
May 25, 20170Comments

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Business Financial Grocery Management Retail Retailer

SpartanNash 2017 annual shareholder meeting highlights

Byron Center, MI, 2017-May-25 — /EPR Retail News/ — SpartanNash Company (the "Company") (Nasdaq: SPTN) today (May 24th, 2017) announced that shareholders approved all proposals and re-elected all director nominees at its 2017 annual shareholder meeting, held yesterday in Grand Rapids, Michigan. Shareholders re-elected 11 directors to the Board of Directors for one-year terms expiring at…
May 25, 20170Comments

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Business Financial Grocery Management Retail Retailer

Smart & Final Stores announces participation in upcoming conferences

COMMERCE, Calif., 2017-May-25 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (May 24, 2017) announced that Richard Phegley, Senior Vice President and Chief Financial Officer, will participate in the following upcoming conferences: The RBC Capital Markets 2017 Consumer and Retail Conference taking place…
May 25, 20170Comments

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Apparel Business Management Online Retailers Online Shopping Retail Retailer

Zalando to open its first Nordic fulfillment center in Sweden later this year

Zalando to open its first Nordic fulfillment center in Sweden later this year   BERLIN, Germany, 2017-May-25 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in…
May 25, 20170Comments

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Business Discounts Healthcare Management Retail Retailer

Walgreens announces Memorial Day 20% discount for veterans, active duty military and families on May 29, 2017

DEERFIELD, Ill, 2017-May-25 — /EPR Retail News/ — To honor the service and sacrifices of Americans who served in the armed forces, Walgreens is offering a Memorial Day 20-percent discount to all veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their…
May 25, 20170Comments

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Business Healthcare Marketing Retail Retailer

75% of Walgreens mental health platform visitors who complete screenings take active steps for follow-up

One year into initiative and collaboration with Mental Health America, data shows nearly 75 percent of Walgreens visitors who complete screenings take active steps for follow-up DEERFIELD, Ill., 2017-May-25 — /EPR Retail News/ — One year after Walgreens launched its mental health initiative and collaboration with Mental Health America (MHA), data shows nearly 75 percent of…
May 25, 20170Comments

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Business Food & Beverage Marketing Retail Retailer

Teavana launches new line of summer cocktail-inspired iced teas

Teavana launches new line of summer cocktail-inspired iced teas   Seattle, 2017-May-25 — /EPR Retail News/ — When summer weekends beckon, there’s no better feeling that comes from the end of a hectic work week. With Memorial Day on the horizon, many of us start thinking about flip flops, sunshine and outdoor fun. Teavana is helping iced…
May 25, 20170Comments

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Business Food & Beverage Management Retail Retailer

Starbucks to open in Dallas, TX and Trenton, NJ as part of its initiative to invest in underserved communities across the U.S.

Starbucks to open in Dallas, TX and Trenton, NJ as part of its initiative to invest in underserved communities across the U.S.   Starbucks new stores in Dallas, TX and Trenton, NJ are part of the company’s strategy to invest in at least 15 underserved communities across the U.S. by 2018 Similar stores are open…
May 25, 20170Comments

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Business Grocery Management Retail Retailer

Walmart enhances its military leave of absence policy

Company announces more than 170,000 veteran hires since 2013 and grants $100,000 to Tragedy Assistance Program for Survivors (TAPS) Bentonville, Ark., 2017-May-25 — /EPR Retail News/ — Today ( May 23, 2017), Walmart announced expansions to its military leave of absence policy, offering differential pay to all eligible military associates taking on assignments lasting more than…
May 25, 20170Comments

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Business Management Online Retailers Retail Retailer

Amazon.com introduces Wedding Shop from Handmade at Amazon

Amazon.com introduces Wedding Shop from Handmade at Amazon   The Handmade Wedding Shop offers thousands of handcrafted items including wedding décor, invitations, gifts and jewelry Handmade at Amazon is the premier destination to shop for genuinely handcrafted items from artisans around the world SEATTLE, 2017-May-25 — /EPR Retail News/ — Amazon.com, Inc. (NASDAQ: AMZN) today…
May 25, 20170Comments

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