Chennai, India, January 13, 2016 -- /EPR Retail News/ -- Indian retail market is evolving at a rapid pace riding on technology innovations and customers’ changing preferences for superior shopping experience.
A lot of changes had happened during the last decade at Point of Sale (POS) counters as customers increasingly prefer cash-less transactions, and businesses have…
Business
Creating an attractive shopping experience with leading technologies and efficient processes
Paderborn, GERMANY, 2016-1-12 — /EPR Retail News/ — A perfect shopping experience, satisfied customers, efficient processes: That is the slogan under which Wincor Nixdorf is presenting its forward-looking portfolio at EuroCIS 2016. Apart from mobile applications, as well as enhancements in attended and self-service checkouts…
Six Year Trend of Declining Office Vacancy and Industrial Availability Continues
Los Angeles, 2016-1-12 — /EPR Retail News/ — The U.S. commercial real estate market shows continued healthy demand across all property types during the fourth quarter of 2015 (Q4 2015), according to the latest analysis from CBRE Group, Inc.
In Q4 2015:
The office vacancy rate declined…
HONG KONG, 2016-1-11 — /EPR Retail News/ — The perfect blend of coffee and creativity can now be found at Starbucks.
Recently, Starbucks commemorated its 15th year in Hong Kong with the opening of a new Starbucks Reserve™ store. The 4,500-square-foot Gala Place store is located in the Kowloon district of Mong Kok and features the…
Adjusted first quarter net earnings attributable to Walgreens Boots Alliance per diluted share increase 32.1 percent to $1.03 compared with the year-ago period; GAAP net earnings attributable to Walgreens Boots Alliance per diluted share increase 13.5 percent to $1.01
Adjusted first quarter net earnings attributable to Walgreens Boots Alliance increase 51.1 percent to $1.1 billion…
Gary Philbin Continues to Lead Family Dollar as President & Chief Operating Officer, Reporting to Bob Sasser, Chief Executive Officer of Dollar Tree ~
CHESAPEAKE, Va., 2016-1-11 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores, today announced that Howard R. Levinehas completed his role in the integration…
Schenectady, NY, 2016-1-11 — /EPR Retail News/ — Price Chopper and Market 32’s freight fleet continues to turn heads and recently placed 5th nationwide in the Successful Concept category in Commercial Carrier Journal’s annual “Flashiest Fleets” contest.
The series of trailer graphics features colorful close-up images of fresh fruits and vegetables with the tag line, “The Farm…
WAYNE, NJ, 2016-1-11 — /EPR Retail News/ — Toys“R”Us, Inc. today reported its same store sales for the five-week and nine-week periods ended January 2, 2016. The five-week period refers to November 29, 2015 to January 2, 2016, as compared to November 30, 2014 to January 3, 2015 in the prior year. The nine-week period refers to November 1, 2015 to January 2, 2016,…
Düsseldorf, Germany, 2016-1-11 — /EPR Retail News/ — METRO GROUP has closed the transaction of the sale of its Cash & Carry wholesale business in Vietnam to Thailand-based TCC. TCC Land International Pte. Ltd., a subsidiary of TCC Holding Co. Ltd., has thereby acquired METRO GROUP'scomplete wholesale operations in Vietnam including all 19 wholesale stores…
SEATTLE, 2016-1-11 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today announced that Mary Dillon, CEO of Ulta Beauty (NASDAQ: ULTA) was elected to the Starbucks Board of Directors on Jan. 4 and she will serve on the Board’s Compensation and Management Development Committee. Dillon brings three decades of experience leading consumer-driven brands to…
LONDON, 2016-1-11 — /EPR Retail News/ — Marks and Spencer Group plc today announces that Marc Bolland has informed the Board that, after six years in the role, he wishes to retire as CEO in 2016.
Marc will be succeeded as CEO by Steve Rowe, Executive Director of General Merchandise. Marc Bolland will remain CEO and…
OKLAHOMA CITY, 2016-1-11 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation's largest chain of drive-in restaurants, today announced that the company will be presenting at the 18th Annual ICR Conference on Wednesday, January 13, 2016 at the JW Marriott Orlando Grande Lakes inOrlando, FL. The presentation will begin at 9:30 AM ET.
Investors and interested…
Washington, 2016-1-11 — /EPR Retail News/ — The growing use of smartphones by consumers, a shift in investments by technology companies and continued optimization strategies from retailers has officially landed smartphones on top as a driver of sales and traffic for retail companies. According to the State of Retailing Online 2016, conducted by Shop.org, Forrester Research…
ROCKVILLE, Md., 2016-1-11 — /EPR Retail News/ — Federal Realty Investment Trust (NYSE: FRT) will announce fourth quarter and year-end 2015 earnings in a press release to be issued after market close on Tuesday, February 9, 2016.
The conference call for fourth quarter and year-end earnings will take place on Wednesday, February 10, 2016, at 11:00…
SAN FRANCISCO, 2016-1-11 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that net sales for the five-week period ended January 2, 2016 decreased 4 percent to $2.01 billion, compared with net sales of $2.10 billion for the five-week period ended January 3, 2015.
On a constant currency basis, December 2015 net sales decreased 3 percent…
COLUMBUS, Ohio, 2016-1-11 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $2.415 billion for the five weeks ended Jan. 2, 2016, an increase of 9 percent, compared to net sales of $2.207 billion for the five weeks ended Jan. 3, 2015. Comparable store sales increased 8 percent for the five…
MINNEAPOLIS, 2016-1-8 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that it filed an initial Form 10 Registration Statement (Form 10) with the U.S. Securities and Exchange Commission in connection with the possible spin-off of its Save-A-Lot business into a separate, publicly traded company.
SUPERVALU announced in July 2015 that it was exploring a separation…
MAHWAH, N.J., 2016-1-8 — /EPR Retail News/ — ascena retail group, inc.(NASDAQ: ASNA) today announces that it will be presenting at the 18th Annual ICR Conference to be held at the JW Marriott Orlando Grande Lakes in Orlando, Florida onTuesday, January 12, 2016 at 10:30 a.m. EST.
A live webcast of the presentation will be available at http://www.ascenaretail.com.…
Greenwich, CT and Paris, 2016-1-8 — /EPR Retail News/ — Catterton, the leading consumer-focused private equity firm, LVMH, the world leader in high-quality products, and Groupe Arnault, the family holding company of Bernard Arnault, announced today that they have entered into an agreement to createL Catterton. The new partnership will combine Catterton’s existing North American…
Groups Can Raise Funds by Selling Community Days Booklets Through February 27
MILWAUKEE, 2016-1-8 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT), which operates Bon-Ton, Boston Store, Bergner's, Carson's, Elder-Beerman, Herberger's and Younkers stores, invites local schools and non-profit groups to sign up for the company's semi-annual Community Days event. Local groups are invited…
DULUTH, Ga., 2016-1-8 — /EPR Retail News/ — Today, (January 7, 2016) NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced that it has signed a definitive agreement under which Atlas Holdings LLC will acquire NCR Corporation’s Interactive Printer Solutions (IPS) division. The acquisition is anticipated to be completed in the second quarter of…
Announces Comparable Retail Sales of Positive 7.3% Through the First Nine Weeks of the Fourth Quarter
SECAUCUS, N.J., 2016-1-8 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE) Jane Elfers, President and Chief Executive Officer, said, “We have consistently stated that our multi-pronged transformation strategy would begin to deliver results in the back half of 2015 and…
Company Announces Other Corporate Governance Enhancements
SECAUCUS, N.J., 2016-1-8 — /EPR Retail News/ — The Children's Place, Inc.(Nasdaq:PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced that its Board of Directors will adopt proxy access rights and will propose a set of additional shareholder rights for shareholder approval at the Company’s 2016…
BURBANK, Calif., 2016-1-8 — /EPR Retail News/ — The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2016 financial results via a live audio webcast beginning at 5:00 p.m. EST / 2:00 p.m. PST on Tuesday, February 9, 2016.
Results will be released at approximately 4:15 p.m. EST / 1:15 p.m. PST.
To listen to…
Majority of Small Businesses Value Next Day Guarantee for Tech Services, according to Staples Survey
FRAMINGHAM, Mass., 2016-1-8 — /EPR Retail News/ — Staples (NASDAQ: SPLS) makes more happen for small businesses with its new Next Day Guarantee Staples Tech Services. The suite of Staples Tech Services includes PC services that now come with a Next…
Acquisition Accelerates HBC's All-Channel Growth
Strong Mobile and Personalization Expertise Will Advance Pace of Innovation Across HBC's Rapidly Growing Digital Business
Gilt has Loyal and Devoted Millennial Membership
TORONTO & NEW YORK, 2016-1-8 — /EPR Retail News/ — (All amounts in US dollars) - Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC) today announced that it…
Millions prefer buying online to speaking with a salesperson – for everything from financial services, to car insurance and utilities
Nottingham, UK, 2016-1-8 — /EPR Retail News/ — When it comes to buying financial services, utilities, or car insurance, just one in five (21%)* favour speaking to a provider in person, while the rest prefer online dealings.
Despite…
Eau Claire, WI, 2016-1-7 — /EPR Retail News/ — Gordy’s Market and Mega Co-op are excited to announce that they have reached an agreement that will allow each company to focus on their primary business. Under the new agreement, the Mega Co-op grocery stores will become Gordy’s Markets and the Gordy’s Express convenience stores and fuel centers…
Wisconsin-based 21-store chain to begin transition February 1
Byron Center, MI, 2016-1-7 — /EPR Retail News/ — SpartanNash (Nasdaq: SPTN), the nation's fifth largest food distributor and leading distributor to U.S. military commissaries and exchanges in the world, announced today that it has signed a long term contract to be the primary wholesaler to Gordy's Market, the…
Colruyt opens temporary store during Oudenaarde closure
Halle, Belgium, 2016-1-7 — /EPR Retail News/ — From Monday 11 January to December 2016, Colruyt customers in Oudenaarde can shop in a temporary store (Meersbloem-Leupegem 24). The current store at the Tacambaroplein will be closed during that period. It will be completely demolished to make room for a new-generation…