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NCR Corporation: preliminary results of the “Dutch auction” tender offer

DULUTH, Georgia, 2015-12-16 — /EPR Retail News/ — NCR Corporation (NYSE: NCR) today announced the preliminary results of its modified “Dutch auction” tender offer, which expired at 12:00 midnight, New York City time, on Friday, December 11, 2015. Shareholders of NCR had the opportunity to tender shares of NCR’s common stock pursuant to (i) auction tenders at prices…
December 16, 20150Comments

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Apparel Business Fashion Management Retail Retailer

Esprit partners with Canadian distributor Freemark Apparel Brands to re-enter the Canadian market

Ratingen/Montréal, 2015-12-16 — /EPR Retail News/ — Esprit, the international fashion brand headquartered in Ratingen near Düsseldorf, Germany, announces a strategic partnership with Canadian distributor Freemark Apparel Brands (FAB Inc.), to re-enter the Canadian market. As part of a multi-channel distribution strategy, the first stand-alone Esprit doors in Canada will open in Spring 2016. The exact…
December 16, 20150Comments

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Business Environment Management Retail

Coop erhält Topbewertungen im WWF-Umweltrating

Coop erhält Topbewertungen im WWF-Umweltrating BASEL, SWITZERLAND, 2015-12-16 — /EPR Retail News/ — Der WWF hat die wichtigsten Schweizer Gross- und Detailhändler einem Umweltrating unterzogen. Die Resultate belegen: Der WWF beurteilt das Umweltengagement von Coop in vielen der untersuchten Themenfelder als «richtungsweisend», in einigen wird die Detailhändlerin gar als «visionär» bezeichnet. Diese Auszeichnung bestärkt Coop darin, ihr…
December 16, 20150Comments

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Business Food & Beverage Restaurants Retail Retailer

Dairy Queen® system opens DQ Grill & Chill® restaurant in Russell Springs KY

Russell Springs, KY, 2015-12-16 — /EPR Retail News/ — The Dairy Queen® system is pleased to announce the opening of the Russell Springs DQ Grill & Chill® restaurant located at 57 E Steve Wariner Drive. This location is the newest Dairy Queen restaurant in a family of more than 6,600 restaurants world-wide committed to offering every fan…
December 16, 20150Comments

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Business Management Retail Retailer

Mark Doiron joins Schnucks Markets as its new chief merchant

ST. LOUIS, 2015-12-15 — /EPR Retail News/ — Schnucks Markets, Inc. is pleased to announce industry veteran Mark Doiron has joined the company as its new chief merchant. Doiron, who has more than 25 years of experience in the food and grocery industries, will be responsible for procurement and merchandising throughout Schnucks’ 99 supermarkets. He serves…
December 15, 20150Comments

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Business Discounts Entertainment Management Marketing Online Retailers Online Shopping Retail Retailer

Amazon.com celebrates the success of its Indian sister company Amazon.in with 50% off on selection of great Bollywood digital videos

Amazon.in surpasses other Indian e-commerce sites in October Huge investments in technology and distribution bring big crowds Amazon takes 50% off select Bollywood digital videos on Amazon.com to celebrate SEATTLE, 2015-12-15 — /EPR Retail News/ — (NASDAQ: AMZN)—Just two and a half years after launching, Amazon.in became the most visited e-commerce site in India in October 2015, according to the…
December 15, 20150Comments

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Business Fashion Financial Management Retail Retailer

H&M group reports of 4% sales increase in November 2015 compared to the same month last year

November 2015 STOCKHOLM, SWEDEN, 2015-12-15 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 4 percent in local currencies in November 2015 compared to the same month last year. Sales in November were negatively affected by the unseasonably mild weather in North America and in many of the H&M group’s large sales…
December 15, 20150Comments

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Business Management Retail Retailer

Maxima Grupė further expands in Estonia with the opening of its first MAXIMA XXX in Tallinn

Tallinn, Estonia, 2015-12-15 — /EPR Retail News/ — Maxima Grupė continues its development in Estonia. The 75th Maxima Eesti-owned shop was opened in Tallinn, which marks a new stage of development - it is the first MAXIMA XXX in Estonia's capital Tallinn. The investment of 16.5 million euro had been reserved for acquisition of land, construction…
December 15, 20150Comments

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Automotive Business Management Retail Retailer Safety Products

CarMax comments on Kane Case in MA and its Commitment to Recall Transparency

CarMax’s Commitment to Recall Transparency RICHMOND, Va., 2015-12-15 — /EPR Retail News/ — CarMax is committed to providing the most transparent car buying experience in the industry. To ensure our customers are well informed about recalls, CarMax provides vehicle-specific information about open recalls to every retail customer prior to purchasing a used vehicle from our stores.…
December 15, 20150Comments

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Business Management Retail Retailer

NACS survey: continued drop in gas prices could spur last-minute shopping at stores over the holiday season

ALEXANDRIA, VA, 2015-12-15 — /EPR Retail News/ — Two in three gasoline customers report that gas prices in their area are lower than they were last month, and the continued drop in prices could spur last-minute shopping at stores over the holiday season, according to the latest Consumer Fuels Survey results released by the National Association…
December 15, 20150Comments

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Business Financial Malls Management Retail

Taubman to announce its fourth quarter 2015 earnings on February 10, 2016

BLOOMFIELD HILLS, Mich., 2015-12-15 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) will announce its fourth quarter 2015 earnings after the market closes on February 10, 2016. The company will host a conference call to discuss these results on February 11, 2016 at 11 a.m. EST. Stockholders and interested parties may listen to a live…
December 15, 20150Comments

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Business Financial Management Retail Software Technology

Wincor Nixdorf to take over central operations management of Landesbank Baden Württemberg branch systems

Paderborn, GERMANY, 2015-12-15 — /EPR Retail News/ — Landesbank Baden Württemberg (LBBW) has commissioned Wincor Nixdorf to take over central operations management of its branch systems – consisting of automated teller machines, cash recyclers, self-service terminals and automated teller safes – to ensure more efficient self-service and higher system availability. The contract will run for four…
December 15, 20150Comments

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Business Management Retail Retailer

Morrisons the first retailer to bring unleaded fuel price down to below the £1 mark since June 2009

Bradford, England, 2015-12-15 — /EPR Retail News/ — From this morning (Friday 11th December) motorists filling up with unleaded at a Morrisons petrol station will pay no more than 99.9p per litre. This is the first time any retailer has brought its everyday price down to below the £1 mark since June 2009. Earlier this week the RAC,…
December 15, 20150Comments

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Business Financial Management Retail Retailer

Saudi Automotive Services Company signs SR 150 Million bank facility agreement with Gulf International Bank B.S.C.

Retailing and Operation Division Riyadh, Kingdom of Saudi Arabia, 2015-12-15 — /EPR Retail News/ — Saudi Automotive Services Company (SASCO) announces completion of signing of the bank facility agreement (Shariah-compliant) with Gulf International Bank B.S.C on 13 December 2015 at a value of SR 150 Million against signed promissory note. A part of the above mentioned facility agreement…
December 15, 20150Comments

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Business Grocery Management Retail Retailer

Foodstuffs North Island to open brand new New World Milford store in April 2016

Auckland, New Zealand, 2015-12-15 — /EPR Retail News/ —Foodstuffs North Island has today announced that the replacement New World Milford will open in April 2016.  The brand new store is currently under construction on Kitchener Road, Milford, after the old store was demolished in March 2015. “We had originally intended for New World Milford to open…
December 15, 20150Comments

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Business Environment Management Retail Retailer

Indonesian retailer MPPA collaborates with Tetra Pak

Tangerang, Indonesia, 2015-12-15 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, through Hypermart and Foodmart is in a collaboration with Tetra Pak. Tetra Pak is a leading food packaging company in the world that partners with EcoBali and continue the CSR program "One Pack, One Act for…
December 15, 20150Comments

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Business Malls Management Retail Retailer

Philippines: SM celebrates 30th anniversary of SM City North EDSA mall

Pasay City, Philippines, 2015-12-15 — /EPR Retail News/ — SM City North EDSA, one of the most iconic shopping malls in the country, has been an epitome of how SM malls have transformed to meet the shifting needs and demands of consumers in a dynamic Philippine retail environment. From a footprint of only 125,000 square meters…
December 15, 20150Comments

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Business Management Retail Retailer

SpartanNash appoints EVP Kathleen Mahoney to Chief Legal Officer

Byron Center, MI, 2015-12-14 — /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, has named Executive Vice President Kathleen Mahoney Chief Legal Officer. Mahoney has served as Executive Vice President, General Counsel and Secretary for SpartanNash since the merger…
December 14, 20150Comments

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Awards Business Grocery Management Retail Retailer

LuLu Hypermarket honored with the Sheikh Khalifa Excellence Award SKEA

ABU DHABI, 2015-12-14 — /EPR Retail News/ — LuLu Hypermarket has been bestowed with the annual Sheikh Khalifa Excellence Award SKEA, which honours government and private organisations that set and follow the best all round business practices in various fields. The award was presented by HH Sheikh Hamed Bin Zayed Al Nahyan, Chief of the…
December 14, 20150Comments

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Business Electronics Financial Management Marketing Retail Retailer

Walmart becomes the only retailer to offer its own payment solution with the launch of Walmart Pay

Pay with any iOS or Android smartphone, any major payment type and at any checkout lane – all through the Walmart app. Bentonville, Ark., 2015-12-14 — /EPR Retail News/ — Walmart knows customers want to save not just money, but also time. Today, the retailer introduced Walmart Pay – a fast, easy and secure way for…
December 14, 20150Comments

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Business Environment Management Retail Retailer

COP21: Moët Hennessy CEO Christophe Navarre on the importance of the environment

PARIS, 2015-12-14 — /EPR Retail News/ — In conjunction with the COP21 World Climate Summit, of which LVMH is a partner, we asked five CEOs from our different business sectors to talk about the importance of the environment for their respective Houses. Christophe Navarre, CEO of Moët Hennessy, presents initiatives taken by LVMH Wines &…
December 14, 20150Comments

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Business Management Marketing Retail Retailer

The Institut des Métiers d’Excellence LVMH to partner with Ecole Boulle

PARIS, 2015-12-14 — /EPR Retail News/ — The Institut des Métiers d’Excellence LVMH has signed a partnership with Ecole Boulle. A new work/study program organized in conjunction with the GRETA Création, Design et Métiers d’Art vocational training structure will provide specialized training in retail design for the luxury sector, expanding the IME course list. Inaugurated in 2014, the Institut…
December 14, 20150Comments

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Business Management Retail Retailer

Sycamore Partners Director Stefan Kaluzny: We are excited to have completed this acquisition and to begin our partnership with Belk

NEW YORK and CHARLOTTE, N.C., 2015-12-14 — /EPR Retail News/ — Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. ("Belk" or the "Company"). Stefan Kaluzny, Managing Director of Sycamore Partners, said, "We are excited to have completed this acquisition and to begin our partnership with Belk. The Company has developed a loyal…
December 14, 20150Comments

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Business Financial Management Retail Retailer

IKEA Group announces 11.2% sales increase for the financial year 2015

FY 2015: The IKEA Group sales are up 11.2% – allowing for continued investments in sustainability and business development Conshohocken, PA, 2015-12-14 — /EPR Retail News/ — The IKEA Group net income amounted to $3.9 billion (€ 3.5 billion)* for the financial year 2015**. Total sales increased by 11.2% from last year to $35.7 billion (€ 31.9…
December 14, 20150Comments

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Business Financial Management Retail Retailer

The NRF Foundation to award 25 outstanding students for its Next Generation Scholarship program on January 17, 2016

WASHINGTON, 2015-12-14 — /EPR Retail News/ — The NRF Foundation will award $125,000 in scholarships to 25 outstanding students as a part of its Next Generation Scholarship program. Today, the NRF Foundation has named the top five finalists, who will interview with a panel of executive judges to determine the four $10,000 scholarship recipients and the…
December 14, 20150Comments

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Business Financial Management Retail Retailer

Inditex Group’s net sales increased to €14.74bn in the first nine months of FY2015; 16% up from a year earlier

Over the past 12 months, the Group has generated more than 13,000 new jobs worldwide, more than 3,000 of which were in Spain. It now has a total 146,478 employees Over this period the company has been particularly active in Community investment by providing direct aid to refugees in Europe and support to organisations such…
December 14, 20150Comments

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Business Management Retail Retailer

General Growth Properties, Inc. to report Q4 2015 results on Monday, February 1, 2016

CHICAGO, 2015-12-11 — /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP) will report financial and operational results for the fourth quarter 2015 after the close of business on Monday, February 1, 2016, and host a conference call at 8:00 a.m. Central (9:00 a.m. Eastern) on Tuesday, February 2, 2016. The information to be discussed during…
December 11, 20150Comments

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Business Malls Management Retail Retailer

Convenience retail: London & Cambridge Properties to acquire nationwide portfolio of neighbourhood shopping parades

LONDON, 2015-12-11 — /EPR Retail News/ — London & Cambridge Properties (LCP) has strengthened its hold in the UK local convenience retail sector by acquiring a £36.65 million nationwide portfolio of neighbourhood shopping parades, it was announced today. The addition of the Navigation portfolio to the Local Convenience Parades division of LCP - one of the UK’s…
December 11, 20150Comments

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Business Malls Management Retail Retailer

InvenTrust Properties Corp acquired two high performing open air shopping centers in Orlando, Florida and in Katy, Texas

Acquires Rio Pinar Plaza in Orlando, Florida and Price Plaza in Katy, Texas OAK BROOK, Ill., 2015-12-11 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired two high performing open air shopping centers. InvenTrust acquired Rio Pinar Plaza, a 124,283 square foot, 100% leased shopping center located in Orlando,…
December 11, 20150Comments

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Business Grocery Management Retail Retailer

Ingles Markets Reports Record Core Grocery Sales and Net Income for Fiscal 2015

ASHEVILLE, N.C., 2015-12-11 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported record core grocery sales and record net income for fiscal 2015.  Core grocery sales exclude gasoline.  Total sales were $3.78 billion for fiscal 2015 compared with $3.84 billion in fiscal 2014.  For the full fiscal years ended September 2015 and 2014, net income…
December 11, 20150Comments

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