Purchase is expected to be complete in late July
Sunbury, PA, 2016-Jun-02 — /EPR Retail News/ — Weis Markets today announced it has entered into an agreement with Mars Super Markets, Inc. to purchase five Mars stores in Baltimore County, including two in Dundalk and individual units in Essex, Arbutus and Carney.
The Company intends to complete the…
Business
OAK BROOK, IL, 2016-Jun-02 — /EPR Retail News/ — McDonald's Corporation (NYSE: MCD) Board of Directors today announced that Enrique ("Rick") Hernandez, Jr. has been elected non-executive Chairman of the company's Board of Directors following the company's Annual Shareholders' Meeting held today. Hernandez, 60, has served on the Board as an independent Director since 1996 and most…
WOONSOCKET, R.I., 2016-May-31 — /EPR Retail News/ — MinuteClinic, the retail medical clinic of CVS Health (NYSE: CVS) which operates more than 1,100 retail medical clinics in CVS Pharmacy and Target stores across the United States , has introduced a new digital tool that allows patients to view wait times at most locations and hold a…
CINCINNATI, 2016-May-31 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced it has expanded the store locations included in a recall of two green peas products, Pictsweet Steamable Green Peas and Kroger Green Peas, announced previously by The Pictsweet Company.
Both products were included in a recall initiated earlier this month by supplier CRF Frozen…
Total Sales Increased 23.7%
Comparable Sales Increased 15.2%
Diluted EPS Increased 39.4% to $1.45
Company Raises Outlook for Fiscal Year 2016
BOLINGBROOK, Ill, 2016-May-31 — /EPR Retail News/ — Ulta Beauty (NASDAQ:ULTA) today (May 26, 2016) announced financial results for the thirteen week period ended April 30, 2016 (“First Quarter”), which compares to the same period…
BELGIUM, 2016-May-31 — /EPR Retail News/ — StoreCheck, the Belgian magazine focusing on the Retail sector, has honoured Carrefour Belgium with two awards in the StoreCheck Sales Team Awards.
These prestigious awards recognise the efforts and achievements of suppliers and retailers in further improving their offering.
The Panel, comprising 80 suppliers and seven retailers, made four awards to…
PARIS, 2016-May-31 — /EPR Retail News/ — The Paris Saint Marcel Market supermarket right in the heart of Paris’ 13th arrondissement has been completely redesigned, the aim being to serve its customers as effectively as possible.
Over a sales area of 1334 sq.m., the store has a wide selection of high-quality products, with the emphasis on fresh…
HOFFMAN ESTATES, Ill., 2016-May-31 — /EPR Retail News/ — Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company")(NASDAQ: SHLD) today announced financial results for its first quarter ended April 30, 2016. As a supplement to this announcement, a presentation, pre-recorded conference and audio webcast are available at our website http://searsholdings.com/invest.
In summary, we reported:
Reported net loss attributable to…
DEERFIELD, Ill., 2016-May-31 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the pricing of an underwritten public offering of unsecured, unsubordinated notes consisting of:
$1.25 billion 1.750% notes due 2018
$1.5 billion 2.600% notes due 2021
$750 million 3.100% notes due 2023
$1.9 billion 3.450% notes due 2026
$600 million 4.650% notes…
The development financier Swedfund and the industry group DBL will establish a textile factory in Ethiopia, which will provide job opportunities for 4,000 people. H&M supports with expert knowledge from sustainable textile production and also by buying products from this factory.
STOCKHOLM, SWEDEN, 2016-May-31 — /EPR Retail News/ — Decent working conditions, job creation for women and…
The average UK household had £200 a week of discretionary income in April – £12 more than in April 2015 – and the highest figure recorded since the Asda Income Tracker began in 2008
Year-on-year growth in spending power has remained above £10 per week for a full year and a half, marking 18 consecutive…
Vilnius, Lithuania, 2016-May-31 — /EPR Retail News/ — In 2015, the audited consolidated turnover, exclusive of VAT, of the companies of Maxima grupė in the Baltic States, Poland and Bulgaria amounted to 2.683 billion euro. The consolidated net profit after taxes was 77 million euro, and investments in business development and maintenance exceeded 75 million euro.…
WAYNE, NJ, 2016-May-31 — /EPR Retail News/ — Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, today announced that Lance Wills will join the company as Executive Vice President, Global Chief Technology Officer (CTO), effective June 13. He will report directly to Chairman and CEO Dave Brandon.
As CTO, a newly created position within…
ORLANDO, Fla., 2016-May-31 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2016 fourth quarter financial results before the market opens on Thursday, June 30, 2016, with a conference call to follow at 8:30 am ET. Gene Lee, CEO, and other senior management will discuss fourth quarter results and conduct a question…
Net Sales Increased 7%; Same-Store Sales Increased 2.2%
Diluted Earnings Per Share Increased 23% to $1.03
Operating Profit Improved 12%; Operating Profit Margin Expanded 42 Basis Points
Over $300 Million of Capital Returned to Shareholders Through Combination of 2.7 Million Shares Repurchased and Dividends Paid in the Quarter
Board of Directors Declares Second Quarter 2016…
Sales Revenue reached RMB15.2 billion, up 5.2% y-o-y, with B2C direct sales revenue of e-commerce business grew by 91.6%
Total gross merchandise volume (“GMV”) for both online and offline grew by 12.7% y-o-y, with GOME Online GMV up 105.3% y-o-y
Consolidated gross profit margin was 17.0%, remained at a relatively high level
HONG KONG, 2016-May-31…
Total Group revenue up nearly 13 per cent and a significant improvement in cash position
PARIS, 2016-May-30 — /EPR Retail News/ — Darty plc today announces fourth quarter trading for the period 1 February 2016 to 30 April 2016, based on unaudited management accounts.
Summary
Continued market outperformance in France with like-for-like sales up 16.0 per cent, aided by…
CHESAPEAKE, Va, 2016-May-27 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, today announced its participation in the RBC Capital Markets Consumer and Retail Conference on June 2, 2016. Kevin Wampler, Chief Financial Officer, and Randy Guiler, Vice President - Investor Relations, will attend this conference.
The Company's…
Sales Increased 134% to $5.09 Billion and Same-Store Sales Increased 2.3%
Diluted Earnings per Share Increased 188% to $0.98
Excluding One-Time Tax Benefit, Diluted EPS Increased to $0.89
CHESAPEAKE, Va, 2016-May-27 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, today reported results for its first fiscal…
POS system provides easy insight into operations for franchisee and franchisor
DULUTH, Ga., 2016-May-27 — /EPR Retail News/ — Following an appearance on ABC’s Shark Tank, Curt Campbell set out to achieve his dream of expanding his business, The Oilerie. The challenge he faced was finding the right technology to support its growth.
To tackle that common small…
New app versions offer advanced functionality for caterers, dry cleaners, hotels and other businesses that need flexible billing options
DULUTH, Ga., 2016-May-27 — /EPR Retail News/ — Users of NCR Silver and NCR Silver Pro Restaurant Edition have significantly more flexible billing options, thanks to the latest point-of-sale (POS) app releases.
The main NCR Silver app allows service-oriented businesses…
Bankia chose NCR as preferred supplier for software and its next ATM renewal project; will install more than 600 NCR SelfServ ATMs by the end of 2016
Madrid, Spain, 2016-May-27 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Bankia Spain, the fourth largest bank in Spain,…
NEW YORK, 2016-May-27 — /EPR Retail News/ — Tiffany & Co. (NYSE:TIF) reported its financial results for the three months ("first quarter") ended April 30, 2016. Worldwide net sales were lower than the prior year and reflected declines in all regions except Japan, which management attributes to a continuation of softness in spending by both local…
LONDON, 2016-May-26 — /EPR Retail News/ — Sainsbury’s is set to work with two additional processors from July 2017 to help deliver a long-term, sustainable supply of fresh British milk. Through its dedicated group of 270+ farmers, its fresh British milk and cream is currently processed by Arla and Muller Milk & Ingredients. From next year,…
El resultado operativo de su actividad de distribución mejora un 15% y alcanza los 107,4 millones de euros
Condicionado todavía por las dotaciones extraordinarias en activos materiales, inmateriales e inmobiliarios, el resultado negativo del ejercicio se limita a 61 millones de euros
La facturación se mantiene en los 6.058 millones de euros, impulsada por las…
LONDON, 2016-May-26 — /EPR Retail News/ —
53 weeks to 2 April 16
change on LY
52 weeks to
26 March 16
change on LY
Group revenue
£10.6bn
+2.4%
£10.4bn
+0.8%
Underlying profit before tax1
£689.6m
+4.3%
£684.1m
+3.5%
Non-underlying items
(£200.8m)
n/a
(£200.8m)
n/a
Profit before tax
£488.8m
-18.5%
£483.3m
-19.5%
Underlying basic earnings per share1
35.0p
+5.7%
34.8p
+5.1%
Basic earnings per share
24.9p
-16.2%
24.6p
-17.2%
Free cash flow
£539.3m
+2.9%
Net debt
£2.14bn
-£84.9m
Dividend per share
18.7p
3.9%
1 Underlying results are consistent with how business performance is measured internally. Non underlying items principally include: the…
WASHINGTON, 2016-May-26 — /EPR Retail News/ — The National Retail Federation today announced that it has named Gary Cammack, owner of Cammack Ranch Supply in Union Center, S.D., as the 2016 America’s Retail Champion of the Year. The award was presented Tuesday night at NRF’s annual Retail Advocates Summit as small retailers from across the country…
LONDON, 2016-May-26 — /EPR Retail News/ — The BRC represents many e-commerce retailers, including both omni-channel and pure players.
The E-commerce proposals from the European Commission issued today (Geoblocking Regulation; revised Consumer Protection Co-operation - CPC- Regulation; Parcels Delivery Regulation; new Unfair Commercial Practices Directive Guidance) complement those in the Online Contracts Directives that are already being…
San Francisco, Calif., 2016-May-26 — /EPR Retail News/ — The Gymboree Corporation (the "Company") announced today the expiration, final results and final settlement of its previously announced tender offer (the "Tender Offer") to purchase the maximum aggregate principal amount of its outstanding 9.125% senior unsecured notes due 2018 (the "Notes," CUSIP No. 403777AB1) that it can…
Successful ROI indicators of the implementation of NCR Fastlane SelfServ™ checkouts in 2015 led the largest Russian retailer to rollout the technology in further stores
MOSCOW, RUSSIA, 2016-May-25 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies announces the expansion of its cooperation with the largest Russian retail chain Magnit…