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Staples and Office Depot Open Letter regarding The Federal Trade Commission’s intention to challenge Staples’ acquisition of Office Depot

FRAMINGHAM, Mass. and BOCA RATON, Fla., 2015-12-9 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies: To Our Valued Customers, The Federal Trade Commission recently announced…
December 9, 20150Comments

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Business E-Commerce Management Marketing Online Retailers Online Shopping Retail Retailer

Grand & Toy expands its online offering with the addition of new products from wholesale partner SP Richards

TORONTO, 2015-12-9 — /EPR Retail News/ — Grand & Toy today announced a major increase in its online offering with the addition of new products from wholesale partner SP Richards'. The increase will add a curated selection of online content for over 6,000 products. 'We're committed to continually enhancing the GRANDANDTOY.COM experience," said Gaurav Sharma, Senior Director, Marketing…
December 9, 20150Comments

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Business Grocery Management Retail Retailer

King Kullen opened new supermarket in North Patchogue

King Kullen Opens North Patchogue Store Former Waldbaum’s supermarket offers customers greater selection and expanded technology to enhance the shopping experience. BETHPAGE, NY, 2015-12-9 — /EPR Retail News/ — King Kullen Grocery. Co., Inc. opened a new supermarket in North Patchogue on Friday, December 4, at the site of the former Waldbaum’s at 440 West Sunrise Highway,…
December 9, 20150Comments

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Business Financial Management Retail Retailer

Macy’s, Inc. priced its $500 Million senior notes due 2021

CINCINNATI, 2015-12-9 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced the pricing of the public offering of $500 million aggregate principal amount of senior notes due 2021 by its wholly owned subsidiary, Macy's Retail Holdings, Inc. The senior notes were issued at a price of 99.899% of par and will bear interest at a rate…
December 9, 20150Comments

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Business Environment Management Retail Retailer

COP21: LVMH Environment Director Sylvie Bénard provides an update and looks at the next steps

PARIS, 2015-12-9 — /EPR Retail News/ — The 21st Conference of the Parties to the United Nations Framework Convention on Climate Change has been meeting in Paris since November 30th. The goal of COP21 is an ambitious agreement to fight climate change. Where do negotiations stand midway through the conference? LVMH Environment Director Sylvie Bénard…
December 9, 20150Comments

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Beauty Business Environment Management Retail Retailer

COP21: Sephora CEO Chris de Lapuente talks about the importance of the environment

PARIS, 2015-12-9 — /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. Chris de Lapuente, CEO of Sephora, spotlights innovative solutions introduced by the beauty…
December 9, 20150Comments

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Business Home & Garden Home Decor Law Retail Retailer

California Transparency in Supply Chains Act: IKEA Way on Purchasing Products and Services

CONSHOHOCKEN, PA, 2015-12-9 — /EPR Retail News/ — On January 1, 2012, the California Transparency in Supply Chains Act of 2010 (SB 657) went into effect. The law requires retailers operating in California to publically state the steps they have undertaken to eliminate slavery and human trafficking from their supply chain. At IKEA we have worked…
December 9, 20150Comments

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Business Retail Retailer

Online sales of Non-Food products in UK up 11.8% in November vs. a year earlier – BRC-KPMG

Online sales of Non-Food products in the UK grew 11.8% in November versus a year earlier, when they had risen by 12.0% over the previous year. November's online sales performance was in line with its 3-month average of 11.9% and was just ahead of its 12-month average of 11.6%. In November 2015, Online sales represented…
December 9, 20150Comments

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Business Retail Retailer

UK retail sales in November 2015 decreased 0.4% on a like-for-like basis from November 2014 – BRC-KPMG

UK retail sales decreased 0.4% on a like-for-like basis from November 2014, when they had increased 0.9% from the preceding year. On a total basis, sales were up 0.7%, against a 2.2% rise in November 2014. Adjusted for the BRC-Nielsen Shop Price Index deflation, total growth was 2.2%. Total growth was below the 3-month average…
December 9, 20150Comments

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Business Environment Management Retail Retailer

Best Buy’s VP Public Affairs & Sustainability: We are committed to uphold our status as a leader in corporate responsibility and sustainability

“We are committed to upholding our status as a leader in corporate responsibility and sustainability because our employees and customers expect that of us,” says Laura Bishop, Best Buy’s vice president of Public Affairs & Sustainability. MINNEAPOLIS, 2015-12-9 — /EPR Retail News/ — While the holiday shopping season is in full-swing here in the U.S., there’s another…
December 9, 20150Comments

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Business Environment Malls Management Retail Retailer

Philippines: SM malls evolved into sustainable structures

Pasay City, Philippines, 2015-12-9 — /EPR Retail News/ — SM malls, which now total 56 in the country, have evolved into sustainable structures that are proving to be valuable and sensible investments. In the last few years, SM malls have consciously integrated disaster risk reduction into design and operations in the midst of worsening effects of climate…
December 9, 20150Comments

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Business Financial Management Retail Retailer

Walgreens Boots Alliance, Inc. to release its fiscal 2016 first quarter earnings results on Thursday, 7 January 2016

DEERFIELD, Ill., 2015-12-8 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) will release its fiscal 2016 first quarter earnings results at 7 a.m. Eastern time Thursday, 7 January 2016, followed by a one-hour conference call with Walgreens Boots Alliance management beginning at 8:30 a.m. Eastern time. The conference call will be simulcast through the Walgreens…
December 8, 20150Comments

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Business Management

Unibail-Rodamco to sell 2-8 Ancelle office building (Neuilly-sur-Seine, Paris region) for €267 Mn

Paris, Amsterdam, 2015-12-8 — /EPR Retail News/ — Unibail-Rodamco entered into an agreement (promesse de vente) for the sale of the 2-8 Ancelle office building (Neuilly-sur-Seine, Paris region) for a net disposal price of approximately €267 Mn. This transaction is subject to standard conditions precedent and is expected to close in Q1-2016. 2-8 Ancelle is a…
December 8, 20150Comments

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Business Financial Management Retail Retailer

Kimco Realty Corp. to announce its fourth quarter earnings on Wednesday, February 3, 2016 after market close

NEW HYDE PARK, N.Y., 2015-12-8 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) will announce its fourth quarter earnings on Wednesday, February 3, 2016 after market close. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Thursday, February 4, 2016 at 10:00 AM EST. Event: Kimco…
December 8, 20150Comments

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Business Food & Beverage Management Restaurants Retail Retailer

Dunkin’ Donuts to switch to 100 percent cage-free eggs in its U.S. menu by 2025

CANTON, MA AND WASHINGTON, DC, 2015-12-8 — /EPR Retail News/ — Dunkin’ Donuts, with The Humane Society of the United States, today announced a commitment to source 100 percent cage-free eggs for eggs used in its U.S. menu by 2025. Earlier this year, the company announced its intent to source 10 percent of the eggs for U.S.…
December 8, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation to release financial results for Fiscal 2016 Third Quarter ended Nov. 28, 2015 on Thursday, Dec. 17, 2015

CAMP HILL, Pa., 2015-12-8 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2016 Third Quarter, which ended Nov. 28, 2015, on Thursday, Dec. 17, 2015. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…
December 8, 20150Comments

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Business Management Retail Retailer

ICA Gruppen presents strategic priorities for 2016

Solna, Sweden, 2015-12-7 — /EPR Retail News/ — ICA Gruppen presents its strategic priorities for 2016. The aim is to continue to develop, improve and grow our business. Compared with 2015, three new priorities have been added and three have been removed. Some of the priorities have been adjusted to suit the opportunities and challenges of the…
December 7, 20150Comments

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Business Management Retail Retailer

ICA Gruppen to expand and renovate its central warehouse and head office for Rimi Baltic

Solna, Sweden, 2015-12-7 — /EPR Retail News/ — ICA Gruppen has decided to expand and renovate its central warehouse and head office for Rimi Baltic. The investment will amount to an estimated EUR 75 million, equivalent to around SEK 700 million, and will be implemented between 2016 and 2018. The new warehouse will allow for an entirely new…
December 7, 20150Comments

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Business Retail Retailer

Saks Fifth Avenue OFF 5TH and Ivanhoé Cambridge to bring four new Saks OFF 5TH locations to Canada

Each Store Will Be the First to Open in Its Market NEW YORK & TORONTO, 2015-12-7 — /EPR Retail News/ — Saks Fifth Avenue OFF 5TH and Ivanhoé Cambridge announced today an agreement to bring four new Saks OFF 5TH locations to Canada. The stores, which will be the first to introduce the Saks OFF 5TH brand to…
December 7, 20150Comments

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Business Management Retail Retailer

The Kroger Co. reports net earnings of $428 million in the third quarter of fiscal 2015

ID Sales Up 5.4% Without Fuel; Raises Annual ID Sales Guidance Q3 EPS of $0.43; Raises 2015 EPS Guidance to $2.02 to $2.04 Third Quarter 2015 Highlights: Achieved 48 th consecutive quarter of positive identical supermarket sales growth, excluding fuel Exceeded goal to slightly expand FIFO operating margin, without fuel, on a rolling four quarters basis…
December 7, 20150Comments

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Business Consumer Information Management Retail Retailer

Kesko to gradually wind up Musta Pörssi Ltd’s operations

Musta Pörssi to wind up operations HELSINKI, Finland, 2015-12-7 — /EPR Retail News/ — Kesko will gradually wind up Musta Pörssi Ltd's operations and close the mustaporssi.fi online store by the end of 2015. Business operations of Musta Pörssi have focused on home technology and electronics. Kesko closed the chain operations of Musta Pörssi in 2013…
December 7, 20150Comments

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Business Financial Management Retail Retailer

Gap Inc. November 2015 net sales decreased 9 percent vs. the 6 percent increase last year

SAN FRANCISCO, 2015-12-7 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that November 2015 net sales decreased 9 percent compared with a 6 percent increase last year. On a constant currency basis, November 2015 net sales decreased 8 percent compared with last year.1 Net sales for the four-week period ended November 28, 2015 were…
December 7, 20150Comments

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Business Financial Management Retail Retailer

L Brands, Inc. reports 8 percent net sales increase in the four weeks ended Nov. 28, 2015 YoY

COLUMBUS, Ohio, 2015-12-7 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $1.169 billion for the four weeks ended Nov. 28, 2015, an increase of 8 percent, compared to net sales of $1.078 billion for the four weeks ended Nov. 29, 2014.  Comparable store sales increased 7 percent for the four…
December 7, 20150Comments

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Business Management Retail Retailer Toys

Toys“R”Us, Inc. Q3 2015 Lenders and Note Investors Conference Call has been scheduled for 1:00 pm ET on Friday, December 18, 2015

WAYNE, NJ, 2015-12-7 — /EPR Retail News/ — Toys“R”Us, Inc. is pleased to announce that its third quarter 2015 Lenders and Note Investors Conference Call has been scheduled for 1:00 pm ET on Friday, December 18, 2015. On the call, the company’s leadership team will discuss the financial results of Toys“R”Us, Inc., Toys“R”Us – Delaware, Inc., and…
December 7, 20150Comments

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Business Management Restaurants Retail Retailer

Dunkin’ Donuts and franchise group Berliner III, LLC to develop 14 new restaurants in St. Louis and 2 new locations in Kansas City

FIRST DUNKIN’ DONUTS RESTAURANT UNDER NEW AGREEMENT PLANNED TO OPEN IN 2016 CANTON, MA, 2015-12-4 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with franchise group Berliner III, LLC to develop 14 new restaurants in St. Louis and two new…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation announces sales results for November

CAMP HILL, Pa., 2015-12-4 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for November. Monthly Sales For the five weeks ended Nov. 28, 2015, same store sales increased 0.9 percent over the prior-year period. November front-end same store sales increased 1.2 percent. Pharmacy same store sales, which included…
December 4, 20150Comments

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Business Management Retail Retailer

Dollar General promotions: John W. Garratt as CFO; Anita C. Elliott as Chief Accounting Officer

GOODLETTSVILLE, Tenn., 2015-12-4 — /EPR Retail News/ — Dollar General Corporation (NYSE:DG) today announced the promotion of John W. Garratt to executive vice president and chief financial officer (CFO), effective December 2, 2015. Garratt has served as Dollar General’s interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Dollar General Corporation to pay quarterly cash dividend of $0.22 per share on its common stock

GOODLETTSVILLE, Tenn., 2015-12-4 — /EPR Retail News/ — Dollar General Corporation (NYSE: DG) announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.22 per share on the Company’s common stock. The dividend will be payable on January 6, 2016 to shareholders of record at the close of business on December 23, 2015. About Dollar General…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Dollar General Q3 2015: we executed well in a retail environment very similar to the second quarter

Net Sales Increased 7.3%; Same-Store Sales Increased 2.3% Diluted Earnings Per Share Increased 10% to $0.86; Adjusted Diluted EPS Increased 11% to $0.88 Incremental $1 Billion Share Repurchase Authorization Announced $1.2 Billion of Capital Returned to Shareholders Year to Date Through Combination of 13.4 Million Shares Repurchased and Dividends Paid Company Updates 2015 Financial Guidance…
December 4, 20150Comments

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