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Old National Bank completes online and mobile banking platform conversion to NCR’s Digital Insight

Digital Insight platform brings the latest in technology to Old National’s customers DULUTH, Ga., 2016-Feb-11 — /EPR Retail News/ — Old National Bank (NASDAQ: ONB), the largest financial services holding company headquartered in Indiana, has completed a successful online and mobile banking platform conversion to Digital Insight, an NCR company. Within 48 hours of its conversion, more…
February 11, 20160Comments

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ICA Gruppen announces 2015 Fourth quarter results

Solna, Sweden, 2016-Feb-11 — /EPR Retail News/ — Stable year, but competition is growing Fourth quarter of 2015 in summary Consolidated net sales amounted to SEK 26,489 million (23,180). Excluding acquisition and divestment effects, the increase was 4.8% Operating profit excluding non-recurring items was SEK 1,024 million (1,081). This includes costs of SEK 76 million related to the…
February 11, 20160Comments

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Swedish ICA stores sales increased by 3.1% in January 2016 vs. same month last year

Solna, Sweden, 2016-Feb-11 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 3.1% in January 2016 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.3%. January 2016 Store sales, excl. VAT SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,646 4.1% 2.1% ICA Kvantum 2,143 3.4% 2.8% ICA Supermarket 2,634 2.2% 2.2% ICA Nära 1,253 2.3% 2.3% Total 8,677 3.1% 2.3% In January 2016, sales in the Swedish ICA stores totalled SEK 8,677 million…
February 11, 20160Comments

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Business Law Management Retail Retailer

The European Commission approved the acquisition of Office Depot by Staples, Inc.

Parties plan to divest Office Depot European businesses beyond EC requirements FRAMINGHAM, Mass., 2016-Feb-11 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) today announced that it has received approval from the European Union to acquireOffice Depot. “This is a significant step, and we’re very pleased that the European Commission has approved this transaction,” said Ron Sargent, Chairman…
February 11, 20160Comments

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Business Management Retail Retailer

Office Depot, Inc. to announce fourth quarter 2015 results for the fiscal period ending December 26, 2015 on February 23, 2016

BOCA RATON, Fla., 2016-Feb-11 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions , which entered into a definitive agreement on February 4, 2015 to be acquired by Staples Inc., will announce fourth quarter 2015 results for the fiscal period ending December 26, 2015, before market open…
February 11, 20160Comments

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Business Retail Retailer

RONA inc. announces the opening of three new Réno-Dépôt stores in Quebec

COMPANY TO OPEN FIVE NEW STORES AND CONVERT TWO PROXIMITY INTO BIG BOX STORES Boucherville, Quebec, 2016-Feb-11 — /EPR Retail News/ — RONA inc. (TSX: RON, RON.PR.A) is announcing the opening of three new Réno-Dépôt stores in Quebec (Boucherville, Trois-Rivières and Valleyfield), along with two new RONA stores (Saint-Félix-de-Valois, QC, and Moose Jaw, SK), and the expansion…
February 11, 20160Comments

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Business Management Retail Retailer

SpartanNash to announce its fourth quarter and fiscal year 2015 financial results on February 24, 2016

Byron Center, MI, 2016-Feb-11 — /EPR Retail News/ — SpartanNash Company (the "Company") (Nasdaq: SPTN) will announce its fourth quarter and fiscal year 2015 financial results after the stock market close on Wednesday, February 24, 2016. The Company will host a conference call to discuss these results with additional comments and details on Thursday, February 25, 2016…
February 11, 20160Comments

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Business Management Retail Retailer

The TJX Companies, Inc. to release fourth quarter and full year Fiscal 2016 sales and earnings results on February 24, 2016

FRAMINGHAM, Mass., 2016-Feb-11 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its fourth quarter and full year Fiscal 2016 sales and earnings results onWednesday, February 24, 2016, before 9:30 a.m. ET. At 11:00 a.m. ET that day, Ernie Herrman, TJX’s Chief Executive Officer and President, will hold…
February 11, 20160Comments

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Maxima Grupė starts operations at the biggest and up-to-date logistics centre in Estonia

Tallinn, Estonia, 2016-Feb-10 — /EPR Retail News/ — Maxima Grupė made a substantial step of development in Estonia – the biggest and up-to-date logistics centre in the country started its operations. It will contribute in greater efficiency of Maxima activity in the country and will ensure the highest quality of products. The logistics centre operating near Tallinn,…
February 10, 20160Comments

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US Foods Holding files registration statement with SEC relating to proposed initial public offering of its common stock

Rosemont, Ill., 2016-Feb-10 — /EPR Retail News/ — US Foods Holding Corp. (together with its consolidated subsidiaries, “US Foods”), the parent company of US Foods, Inc., today announced it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its common stock.  The…
February 10, 20160Comments

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Business Management Retail Retailer

X5 Retail announces that Vardan Dashtoyan will step down as General Director of the Karusel hypermarket chain

Amsterdam, 2016-Feb-10 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces today that Vardan Dashtoyan has informed the Company of his intention to step down as General Director of the Karusel hypermarket chain in order to return to his own business ventures. Karusel’s Chief…
February 10, 20160Comments

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Business E-Commerce Food & Beverage Management Marketing Online Retailers Online Shopping Retail Retail Solutions Retailer

16 percent of Panera Bread sales are now digital

Transformation of the Customer Journey Driving Digital Growth Digital highlights include: 16 percent of total Company sales are now ordered, produced and paid for digitally and it is projected that over 20 percent of its business will be digital by year end More than a third of retail sales come from digital channels in top performing markets…
February 9, 20160Comments

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Business Retail Retailer

Non-Food online sales in UK grew 14.9% in January 2016 vs a year earlier – BRC-KPMG

 Online sales of Non-Food products in the UK grew 14.9% in January versus a year earlier, when they had risen by 11.7% over the previous year. This is the second best performance since June 2015. January's online sales performance was ahead of its 3-month and 12-month averages of 14.0% and 12.7%, respectively. In January 2016,…
February 9, 20160Comments

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Business Management Retail Retailer

Dollarama Inc. invests $60 million for a new warehouse in Montreal, Quebec

MONTRÉAL, Québec, 2016-Feb-09 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) announced today that its Board of Directors approved an investment of approximately $60 million in the construction of a new warehouse in Montreal, Quebec. The new 500,000 square-foot warehouse will be located in the Lachine borough near the intersection of highways…
February 9, 20160Comments

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Awards Business Management Retail Retailer

Overstock.com, Inc. SVP and Chief Architect Alec Wilkins included in Utah’s top professionals Under 40

SALT LAKE CITY, 2016-Feb-09 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) Senior Vice President and Chief Architect Alec Wilkins was honored as one of Utah’s top professionals in the Forty Under 40 ceremony, held today at The Grand America Hotel in downtown Salt Lake City. Utah Business Magazine organizes the annual event to celebrate the state's…
February 9, 20160Comments

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Business Management Retail Retailer

Schnucks Markets announces the appointment of Laura L. Freeman, Ph.D. as its new chief people officer

ST. LOUIS, 2016-Feb-08 — /EPR Retail News/ — Schnucks Markets, Inc. is pleased to announce Laura L. Freeman, Ph.D., has joined the company as its new chief people officer. Freeman will lead human resources (HR) for Schnucks, which employs nearly 15,000 teammates in stores, facilities, warehouses and offices across the Midwest. She will also serve on…
February 8, 20160Comments

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Business Grocery Management Retail Retail Software Retail Solutions Retailer Technology

MERKUR to deploy NCR FastLane SelfServ™ Checkout solutions in 45 of its supermarkets in 2016

MERKUR to deploy NCR FastLane SelfServ™ Checkout solutions in 45 of its supermarkets in 2016, making it the first supermarket chain in the region to fully embrace self-checkout technology Augsburg, Germany, 2016-Feb-08 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that MERKUR, a leading Austrian supermarket chain…
February 8, 20160Comments

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Business Management Retail Retailer

97% of Rite Aid stockholders voted in favor of the adoption of the Merger Agreement with Walgreens Boots Alliance

CAMP HILL, Pa., 2016-Feb-08 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) ("Rite Aid") announced today that its stockholders have voted to approve the adoption of the previously announced Agreement and Plan of Merger, dated as of Oct. 27, 2015 (the "Merger Agreement"), by and among Rite Aid, Walgreens Boots Alliance, Inc.,   a Delaware…
February 8, 20160Comments

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SUPERVALU INC. extended its $1 Billion Asset-Based Revolving Credit Facility to February 3, 2021

MINNEAPOLIS, 2016-Feb-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the Company’s inventory, credit card and certain other receivables and certain other assets. The amendment reduces the revolving credit facility’s rates on borrowings…
February 8, 20160Comments

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Business Management Retail Retailer

SUPERVALU INC. announces the appointment of Mark Gross as its President and CEO

MINNEAPOLIS, 2016-Feb-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced the appointment of Mark Gross as the Company’s President and Chief Executive Officer, effective February 5, 2016. Gross, age 52, will succeed Sam Duncanwho has previously announced he will be retiring. “Mark is a talented, strategic and results-driven leader with a wealth of industry…
February 8, 20160Comments

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Business Management Retail Retailer

X5 Retail Group commissioned six new distribution centres in 2015

Moscow, Russia, 2016-Feb-08 — /EPR Retail News/ — X5 Retail Group commissioned six new distribution centres (DCs) with a total area of 142 thousand sq. m. in 2015. The DCs service X5’s retail network across a number of high-potential geographies: the Kaluga, Voronezh and Chelyabinsk regions, as well as Moscow and Tatarstan. Four of the new…
February 8, 20160Comments

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Business Management

Ediston Property Investment Company plc acquires Citygate office building in Newcastle for £18.95 million

Edinburgh, Scotland, 2016-Feb-08 — /EPR Retail News/ — Ediston Property Investment Company plc has acquired Citygate, a modern office building in Newcastle, for £18.95 million (net of acquisition costs) from Hanro Limited. The purchase reflects a net initial yield of 6.57% and will be funded from a combination of cash resources and an increase of £12.42m…
February 8, 20160Comments

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Paul Moody appointed to the Board of 4imprint Group plc as a Non-Executive Director

LONDON, 2016-Feb-08 — /EPR Retail News/ — On 1st February 2016, Paul Moody, Independent Non-Executive Director of Pets at Home Group Plc, was appointed to the Board of 4imprint Group plc as a Non-Executive Director. This disclosure is given in accordance with Listing Rule 9.6.14. Enquiries Pets at Home Group Plc: +44 (0)161 486 6688 Louise Stonier, Company Secretary and Group…
February 8, 20160Comments

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Business Management Retail Retailer

Reed Exhibitions Russia to acquire REX (Real Estate eXhibition) and its satellite Arenda (Commercial Leasing) trade show

MOSCOW, 2016-Feb-05 — /EPR Retail News/ — Reed Exhibitions, the world’s leading event organiser, expands in Russia. Reed Exhibitions Russia today announces the acquisition of REX (Real Estate eXhibition) and its satellite Arenda (Commercial Leasing) trade shows. Launched in 2004, REX is a professional trade show dedicated to retail property. The leading and largest event in…
February 5, 20160Comments

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ICA Gruppen to publish its Q4 report 2015 on 10 February 2016

Solna, Sweden, 2016-Feb-05 — /EPR Retail News/ — ICA Gruppen will publish its Q4 report 2015 on Wednesday, 10 February 2016. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 10 February 2016 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and CFO…
February 5, 20160Comments

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Staples, Inc. and Office Depot, Inc. extend their merger agreement from February 4, 2016 to May 16, 2016

FRAMINGHAM, Mass. and BOCA RATON, Fla., 2016-Feb-05 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) and Office Depot, Inc. (NASDAQ: ODP) today announced the completion of financing arrangements and the extension of their merger agreement from February 4, 2016 to May 16, 2016. The extension allows for the completion of ongoing federal district court litigation…
February 5, 20160Comments

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Topaz joins Alimentation Couche-Tard family; appoints Niall Anderton as Managing Director

DUBLIN, Ireland, 2016-Feb-04 — /EPR Retail News/ — Topaz Energy Group Ltd. (“Topaz”) confirms that it has today joined with Alimentation Couche-Tard (“Couche-Tard”). The transaction, which was announced on 2nd December 2015, has been approved by the EU Commission and all final closing requirements have now been completed. Niall Anderton, formerly the Chief Financial Officer (CFO) of…
February 4, 20160Comments

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The Home Depot® gets ready for Spring; is hiring more than 80,000 associates

ATLANTA, 2016-Feb-04 — /EPR Retail News/ — The Home Depot®, the world’s largest home improvement retailer, is hiring more than 80,000 associates nationwide to ensure its nearly 2,000 stores are staffed and ready for the company’s busiest selling season. “There’s no better time to join our team than spring, whether you’re a college student, recent grad or…
February 4, 20160Comments

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Shopify Inc. to announce financial results for its fourth-quarter ended December 31, 2015 on February 17, 2016

Ottawa, Canada, 2016-Feb-04 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SH), a leading cloud-based commerce platform, plans to announce financial results for its fourth-quarter ended December 31, 2015 before markets open on Wednesday, February 17, 2016. Shopify’s management team will host a conference call to discuss its fourth-quarter results at 8:30 a.m. ET on Wednesday, February 17,…
February 4, 20160Comments

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