STOCKHOLM, SWEDEN, 2016-Apr-07 — /EPR Retail News/ — First quarter (1 December 2015 — 29 February 2016)
The H&M group’s sales including VAT increased by 9 percent in local currencies in the first quarter. Converted into SEK, sales including VAT increased by 8 percent to SEK 50,624 m (46,791). Sales excluding VAT amounted to SEK 43,691 m…
Business
CINCINNATI, 2016-Apr-07 — /EPR Retail News/ — Douglas W. Sesler, a recognized leader in real estate investments, restructurings, strategic transactions and portfolio management, will be joining Macy’s, Inc. (NYSE:M) as executive vice president for real estate, effective tomorrow.
At Macy’s, Inc., Sesler will oversee the company’s real estate function and lead high-priority initiatives to increase shareholder value…
MOORESVILLE, N.C., 2016-Apr-07 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced the release of its 2015 Corporate Social Responsibility (CSR) Report. Titled "Building Momentum," the report shares an in-depth look at Lowe’s progress in meeting the needs of its customers, caring for its employees and communities, and responsibly managing its operations. The…
JOLIET, IL, 2016-Apr-07 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today officially began construction on its future Midwest distribution center in Joliet, Illinois on 72 acres at the Laraway Crossings Business Park, 48 miles southwest of Chicago. Slated to become operational in Spring 2018, the approximately 1.25-million-square-foot distribution center will serve…
Ottawa, Canada, 2016-Apr-07 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SH), the leading cloud-based commerce platform, plans to announce financial results for its first quarter ended March 31, 2016 before markets open on Wednesday, May 4, 2016.
Shopify’s management team will host a conference call to discuss first-quarter results at 8:30 a.m. ET on Wednesday, May 4,…
Larger SMBs View Disorganization as More Annoying than Poor Personal Hygiene
BOCA RATON, Fla., 2016-Apr-06 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, found the vast majority (83 percent) of small business owners (SMBs) think an organized office is…
Patients eligible for pharmacy interventions experience 3 percent greater medication adherence and nearly 2 percent less hospitalizations
DEERFIELD, Ill., 2016-Apr-06 — /EPR Retail News/ — Walgreens pharmacy patients offered a multi-faceted medication adherence program demonstrated 3 percent greater medication adherence1, and significantly lower healthcare spending, according to a new Walgreens study recently published in the peer-reviewed journal,…
Boulogne-Billancourt, FRANCE, 2016-Apr-06 — /EPR Retail News/ — Carrefour will be one of the partners of the 1st Start-Up Summit organised by Challenges, scheduled for 6 April at the Palais Brongniart.
Hervé Parizot, Carrefour France's head of e-commerce and client data, will be talking as part of a roundtable discussion on the theme: Big can be smart…
Valencia, Spain, 2016-Apr-06 — /EPR Retail News/ — On 30 March 1976, Carrefour Spain inaugurated what was to be its first hypermarket in the Valencia Community, Carrefour Alfafar.
Its opening was a veritable revolution in the distribution sector, at a time when the commercial offer still followed traditional parameters. That centre is now an establishment which generates jobs…
Haikou, China, 2016-Apr-06 — /EPR Retail News/ — The Haikou Penghui hypermarket opened on March 26th in Haikou, in the Southern Territory. It has a 7,700sqm surface. The shopping center features 19 stores over a total sales area of 1,282sqm. And it includes a car park with space for 500 cars.
Carrefour China has more than 220…
H&M has been following the drafting of the Cambodian Trade Union Law closely. We believe well-functioning industrial relations are essential to the development of the Cambodian garment industry. It is of great importance to have a law which fully respects the ILO fundamental conventions on freedom of association and the right to collective bargaining (fundamental…
The average UK household had a weekly disposable income of £197 in February, £12 more than in February 2015
Annual growth in spending power remained in the double digits in pound terms for the sixteenth consecutive month due to high wage growth
Wage growth remained the biggest contributor to increased household discretionary income, an increase…
Apfelprojekt mit dem NABU als Beispiel nachhaltigen Wirtschaftens ausgezeichnet
Köln, Deutschland, 2016-Apr-06 — /EPR Retail News/ — Die REWE Group hat den Deutschen CSR-Preis 2016 gewonnen. Das Unternehmen erhielt die Auszeichnung in der Kategorie „Vorbildliche Kooperation eines Unternehmens mit NGOs/NPOs“ für sein PRO PLANET-Apfelprojekt mit dem NABU (Naturschutzbund Deutschland e.V.). Der Preis wurde im Rahmen des 12.…
Umsatzplus von 3,7 Prozent* auf 52,4 Milliarden Euro und EBITA mit Plus von 12 Prozent auf 587 Millionen Euro
REWE-Konzern steigert Umsatz um 4,1 Prozent* auf 43,7 Milliarden Euro
Operatives Ergebnis EBITA aus fortzuführendem Geschäft steigt um 12 Prozent auf 587 Millionen Euro
Selbstständige REWE-Kaufleute: EBITA wächst auf 250 Millionen Euro
Investitionen in…
MINNEAPOLIS, 2016-Apr-06 — /EPR Retail News/ — Today (April 5, 2016) Target Corporation (NYSE: TGT) announced it will consolidate its media buying and planning business under GroupM, a world-class media agency based in New York City. GroupM began working with Target in 2015 and will assume full responsibility for Target’s media business. Target will immediately begin transitioning…
BLOOMFIELD HILLS, Mich., 2016-Apr-06 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today announced thatMyron E. (Mike) Ullman has rejoined the company's Board of Directors. He will serve as an independent member of the company's board, filling the vacancy created by former Vice Chairman Lisa A. Payne’s departure on March 31, 2016. Mr. Ullman…
ASHEVILLE, N.C., 2016-Apr-06 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced it will support the industry-wide transition to cage-free hen housing by shifting its own egg sales to cage-free, joining a growing list retailers, restaurants, food manufacturers and egg producers that have announced similar plans.
Under the company's new plan, Ingles' goal is to…
MANCHESTER, England, 2016-Apr-06 — /EPR Retail News/ — We opened 12 new stores in the first three months of 2016, investing over £8 million and creating 240 jobs for local people. Our new shops can be found all over the country – from Blackpool and Glasgow, to north London and Newhaven – providing communities with award-winning…
Auckland, New Zealand, 2016-Apr-06 — /EPR Retail News/ — Following on from the huge success of the Great New Zealand Cookbook, this year PAMS is supporting the launch of the Great New Zealand Baking Book. Celebrity chefs and bakers from around the country have lent their favourite baking recipes to this delightful book with proceeds…
George Sherman, Current Interim CEO, Continues As President
ROANOKE, Va., 2016-Apr-06 — /EPR Retail News/ — Advance Auto Parts, Inc. (NYSE:AAP), a leading automotive aftermarket parts provider in North America serving both professional installers and do-it-yourself customers, today announced that the Company has named Thomas (Tom) Greco as CEO and a Director, effective April 11, 2016.…
FORT LEE, Va., 2016-Apr-06 — /EPR Retail News/ — Linda K. Randall has been named the Defense Commissary Agency's director of accounting effective March 20.
She fills a position last held by Cynthia Morgan from 2011 until Morgan was selected as director of budget and manpower in 2015. From that time, the resource management directorate manned the…
Staples teams up with Workbar to offer convenient workspace starting late spring
FRAMINGHAM, Mass., 2016-Apr-06 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) and Workbar today announced a new collaboration to offer coworking facilities within select Staples retail locations. Staples and Workbar will make more productive workplaces happen for small business customers, independent professionals, startups…
The brand now has 38 retail outlets in the Netherlands with this new 1000 m2 store
Barcelona, 2016-Apr-06 — /EPR Retail News/ — MANGO is consolidating its presence in the Netherlands with the opening of a new store last Friday. The Dutch capital is the location for a new 1000 m2 store distributed on two floors,…
Appointment of Chief Executive Officer
Wakefield, England, 2016-Apr-05 — /EPR Retail News/— The Board of Bonmarché is pleased to announce the appointment of Helen Connolly as the Company’s new Chief Executive Officer. Helen will take up her position later in the year and a further announcement will be made at the relevant time.
Helen is currently Senior Buying…
To succeed Larry Rossy who will remain active as Executive Chairman
MONTRÉAL, Québec, 2016-Apr-05 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) announced today that the Board of Directors has appointed Neil Rossy as President and Chief Executive Officer, effective May 1, 2016. Company founder Larry Rossy will continue to play an…
NEW YORK, 2016-Apr-05 — /EPR Retail News/ — Tiffany & Co. (NYSE: TIF) will be hosting an Investor Day on Tuesday April 12, 2016 at its corporate office in New York City. The meeting will be led by Frederic Cumenal, chief executive officer, during which members of the executive management team will provide overviews of their…
InvenTrust Properties Corp. acquires Renaissance Center in Durham, North Carolina for $129.2 million
Property to Serve as Centerpiece of Company’s Portfolio in Key Strategic Raleigh-Durham Market
OAK BROOK, Ill., 2016-Apr-05 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired Renaissance Center, a 96% leased, 363,176 square foot retail power center, located in Durham, North Carolina, for $129.2 million.
“We are pleased to…
COPENHAGEN, Denmark, 2016-Apr-05 — /EPR Retail News/ — Diebold, Incorporated (NYSE: DBD) is showcasing one of its newest mobile-driven banking concepts, along with an industry-leading security application from Cryptera, at Money 20/20 Europe. Diebold's mobile-driven ATM concept and Cryptera's CryptoTouch™ solution will be featured at Money 20/20 Europe (hall C3, booth #F18), April 4-7, in Copenhagen, Denmark. Following…
2016 Expansion Plans on Track with Plans for 90 New Stores
DUBLIN, Calif., 2016-Apr-05 — /EPR Retail News/ — Ross Stores recently opened a total of 22 Ross Dress for Less®("Ross") and six dd's DISCOUNTS® stores across 15 different states in February and March. These new locations are part of the Company's 2016 expansion plans to add…
SALT LAKE CITY, 2016-Apr-05 — /EPR Retail News/ — Attention: Financial technology journalists and institutional equities market participants
What: Patrick Byrne, CEO of t0.com and Overstock.com, will keynote at Money 20/20 Europe
Where: Bella Center at Center Blvd. 5, 2300 in Copenhagen, Denmark
When: Thursday April 7, 2016 at 10:40am (GMT +1:00)
More: t0, the financial technology subsidiary of online…