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Nordstrom, Inc. appoints Gordon Smith, CEO of Consumer and Community Banking at JPMorgan Chase to its Board of Directors

SEATTLE, 2015-11-19 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced the appointment of Gordon Smith, CEO of Consumer and Community Banking at JPMorgan Chase to the company's Board of Directors. The addition of Mr. Smith brings the total number of directors to 15 and the number of independent directors to 12. Nordstrom…
November 19, 20150Comments

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Business Financial Management Retail Retailer

Nordstrom announce its quarterly dividend of 37 cents per share

SEATTLE, 2015-11-19 — /EPR Retail News/ — Nordstrom, Inc. (NYSE:JWN) announced today that its board of directors approved a quarterly dividend of 37 cents per share payable onDecember 15, 2015, to shareholders of record at the close of business on November 30, 2015. About Nordstrom Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in…
November 19, 20150Comments

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Business Management Marketing Retail Retailer

Starbucks Malaysia gives back to Malaysian communities with its Connecting Communities Project

MALAYSIA, 2015-11-19 — /EPR Retail News/ — Weaving with Mengkuang leaves used to be a leisurely pastime of coastal women in Malaysia. Today, a small Malaysian business is revisiting this craft and selling Mengkuang products in Starbucks® stores. “Giving back to Malaysian communities is important to our company as well as our partners (employees),” said Sydney…
November 19, 20150Comments

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Carrefour Spain awards supplier Lugo fishery Puerto Celeiro for its selective hake fishing extraction method

Galician fishery awarded a prize for its selective and sustainable hake fishing extraction method. SPAIN, 2015-11-19 — /EPR Retail News/ — The Lugo fishery Puerto Celeiro, which has been a Carrefour Spain suppler for 14 years, has been awarded by the distribution company with the “Grand Climate Challenge Award for Suppliers”, for its selective hake fishing…
November 19, 20150Comments

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Business Online Retailers Online Shopping Retail Retailer

Amazon announces the opening of the Martha Stewart American Made store on Handmade at Amazon

Participating artisans personally selected by Martha Stewart Handmade at Amazon has quickly grown to more than 200,000 items from 10,000 approved artisans SEATTLE, 2015-11-19 — /EPR Retail News/ — Amazon (NASDAQ: AMZN) announced today the opening of the Martha Stewart American Made store (www.amazon.com/marthastewartamericanmade) on Handmade at Amazon, which spotlights local artisans that are personally selected…
November 19, 20150Comments

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Business Human Resources Management Retail Retailer

Amazon.com to open fulfillment centers in Obetz and in Etna, Ohio; will create more than 2,000 jobs to the region

The fulfillment centers in Obetz and Etna will total more than 1.8 million-square-feet COLUMBUS, Ohio, 2015-11-19 — /EPR Retail News/ — Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open fulfillment centers in Obetz, Ohio and in Etna, Ohio. Together these Amazon facilities will bring more than 2,000 jobs to the region. “We are very pleased to continue…
November 19, 20150Comments

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Business Financial Management Retail Retailer

Lowe’s Companies, Inc. announces net earnings of $736 million for the quarter ended October 30, 2015; 25.8% increase YoY

MOORESVILLE, N.C. , 2015-11-19 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $736 million for the quarter ended October 30, 2015 , a 25.8 percent increase over the same period a year ago. Diluted earnings per share increased 35.6 percent to $0.80 from $0.59 in the…
November 19, 20150Comments

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Business Management Retail Retailer

AB Acquisition LLC appoints Anuj Dhanda as Executive Vice President & Chief Information Officer

Dhanda to lead IT Operations of the Company’s 2,200+ stores including Albertsons and Safeway Banners Boise, ID, 2015-11-19 — /EPR Retail News/ — AB Acquisition LLC (“Albertsons Companies”) has named Anuj Dhanda to the position of Executive Vice President & Chief Information Officer. Mr. Dhanda has most recently served as Chief Information Officer and Senior Vice President of…
November 19, 20150Comments

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Business Human Resources Management Retail Retailer

IKEA US recognized a great place to work in Human Rights Campaign Foundation’s 14th Annual Scorecard on LGBT Workplace Equality

IKEA US recognized as a progressive company and great place to work in Human Rights Campaign Foundation’s 14th Annual Scorecard on LGBT Workplace Equality Conshohocken, PA, 2015-11-19 — /EPR Retail News/ — IKEA US announced today that it received a perfect score of 100 percent on the 2016 Corporate Equality Index (CEI). The CEI is a national…
November 19, 20150Comments

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Business Human Resources Management Retail Retailer

CVS receives perfect score on the Corporate Equality Index for the second year in a row

Company scores 100 Percent on 2016 Human Rights Campaign Foundation Corporate Equality Index WOONSOCKET, R.I., 2015-11-19 — /EPR Retail News/ — CVS Health, the nation's largest pharmacy innovation company, today announced that for the second year in a row it received a perfect score of 100 percent on the Corporate Equality Index (CEI), a national benchmarking…
November 19, 20150Comments

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Business Management Retail Retailer

RILA: retailers urged lawmakers to authorize twin 33s to operate on America’s highway system

Arlington, VA, 2015-11-19 — /EPR Retail News/ — ​​​In a letter to the U.S. Senate, retailers urged lawmakers to keep language authorizing twin 33s to operate on America’s highway system. The change would allow for a five foot increase in twin trailers—from 28 to 33 feet—with no change to federal weight guidelines. Retailers support the measure which…
November 19, 20150Comments

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Business Law Management Retail Retailer

NACS applauded the House Energy and Commerce for passing bipartisan menu-labeling legislation

WASHINGTON, D.C., 2015-11-19 — /EPR Retail News/ — The National Association of Convenience Stores (NACS) today applauded the House Energy and Commerce for passing bipartisan menu-labeling legislation that would enable compliance for convenience store operators while increasing the availability of both nutrition information and choice for consumers. The committee approved H.R. 2017, the Common Sense Nutrition Disclosure…
November 19, 20150Comments

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Business Financial Management Retail Retailer

L Brands, Inc. reports its 2015 third quarter results

Provides Fourth Quarter and Raises Full-Year 2015 Earnings Guidance COLUMBUS, Ohio, 2015-11-19 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) today reported 2015 third quarter results Third Quarter Results Earnings per share for the third quarter ended Oct. 31, 2015, increased 25 percent to a record $0.55 compared to $0.44 for the quarter ended Nov. 1, 2014. …
November 19, 20150Comments

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Business Management Retail Retailer

Immochan presents its ambitious development programme at Mapic 2015

Croix Cedex, France, 2015-11-19 — /EPR Retail News/ — Immochan maintains the high level of investment previously announced and a significant development plan, representing more than €1.5 bn between 2015 and 2017 to develop its assets and increase their value. Major projects are becoming a reality The strategy of developing Immochan's assets and increasing their value has proved…
November 19, 20150Comments

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Business Malls Management Retail Retailer

QVC announces the appointment of Gregg Bertoni to CEO of CNR Mall, QVC’s joint venture with China National Radio

West Chester, Pa., 2015-11-19 — /EPR Retail News/ — QVC, the global leader in video and ecommerce retail, today announced the appointment of Gregg Bertoni to CEO of CNR Mall, QVC's joint venture with China National Radio (CNR). In this role, Bertoni will be responsible for overseeing QVC's growth and operations in China and will continue…
November 19, 20150Comments

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Business Retail Retailer

SRC-KPMG: Scottish retail sales decreased by 2.4% in Oct 2015 vs the same month last year

In October 2015, total Scottish sales decreased by 2.4% compared with October 2014, when they had declined by 1.2%. Like-for-like sales decreased by 2.8% on last October, when they had decreased by 2.7%. Adjusted for deflation measured by the BRC-Nielsen Shop Price Index (SPI), total Scottish sales decreased by 0.6%. Total Food sales were 3.2%…
November 18, 20150Comments

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Business Financial Management Retail Retailer Technology

RILA applauds state attorneys general’s letter to America’s largest banks and card networks urging the adoption of chip and PIN technology

Arlington , VA, 2015-11-18 — /EPR Retail News/ — ​​​The Retail Industry Leaders Association (RILA) issued the following statement after nine state attorneys general sent a letter to the CEOs of America's largest banks and card networks urging the adoption of chip and PIN technology in the United States. In the letter, state AGs rebut a number of…
November 18, 20150Comments

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Business Financial Management Retail Retailer

DDR Corp. determines final conversion price for its 1.75% Convertible Notes due 2040

BEACHWOOD, Ohio, 2015-11-18 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that it has determined the final conversion price for its 1.75% Convertible Notes due 2040 (the "notes"). As previously announced, the notes became convertible on October 6, 2015 when DDR issued its notice of redemption with respect to the notes (as…
November 18, 20150Comments

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Business Management Retail Retailer

Zalando to open its office campus in the Berlin district Friedrichshain/ Kreuzberg in 2018

Zalando is planning the extension of its existing office space to a campus in the Berlin district Friedrichshain/ Kreuzberg with around 100,000 square meters Core will be a seven-story building designed by the architectural firm Henn The official groundbreaking ceremony for Zalando’s new headquarters will follow in Q2 2016 BERLIN, 2015-11-18 — /EPR Retail News/…
November 18, 20150Comments

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Business Financial Management Retail Retailer

Hudson’s Bay Company sells total of $533 million of its equity in HBS Global Properties to three third party investors

Proceeds to be used to reduce debt TORONTO & NEW YORK, 2015-11-18 — /EPR Retail News/ — (All amounts in US dollars) - Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC) is pleased to announce that it has sold a total of $533 million of its equity in HBS Global Properties, HBC's real estate joint venture with…
November 18, 20150Comments

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Business Financial Management Retail Retailer

HBS Global Properties announces the sale of $533 million of equity to three new investors

New investment values HBS Global Properties' portfolio at US$4.5 billion(1)(2) NEW YORK, LOS ANGELES & COLOGNE, Germany, 2015-11-18 — /EPR Retail News/ — (All amounts in US dollars) - HBS Global Properties, the real estate joint venture between Hudson's Bay Company ("HBC") (TSX: HBC) and Simon Property Group Inc. ("Simon") (NYSE: SPG), is pleased to announce the…
November 18, 20150Comments

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Business Management Retail Retailer

Kohl’s Department Stores appoints Sona Chawla Chief Operating Officer

MENOMONEE FALLS, Wis., 2015-11-18 — /EPR Retail News/ — Kohl’s Department Stores (NYSE: KSS) today announced the appointment of Sona Chawla to the newly created position of Chief Operating Officer, reporting directly to Kohl’s chairman, chief executive officer and president Kevin Mansell. Chawla, who will join Kohl’s onNovember 30, will have leadership responsibility for Kohl’s full omnichannel…
November 18, 20150Comments

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Business Financial Management Retail Retailer

The TJX Companies, Inc. announces sales and earnings results for Q3 ended October 31, 2015

FRAMINGHAM, Mass., 2015-11-18 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the third quarter ended October 31, 2015. Net sales for the third quarter of Fiscal 2016 increased 5% to $7.8 billion…
November 18, 20150Comments

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Business Management Marketing Restaurants Retail Retailer Technology

METRO Start-up Study 2015 shows digital tools continually gaining importance among restaurateurs and customers

METRO Start-up Study 2015 investigates the demand for digital tools and services in the hotel and food service industries Young adults in particular want more digital services, like the option to reserve tables and pay via smartphone in restaurants and cafés Business owners’ use of digital tools is so far largely limited to image-building and…
November 18, 20150Comments

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Business Environment Management Retail Retailer

Walmart announces the completion of commitments to reduce 20m metric tons of greenhouse gas emissions and expanded commitment to preserve wildlife habitat

Company celebrates 10 years of progress towards aspirational sustainability goals at Milestone Meeting, announces new commitment to preserve wildlife habitat BENTONVILLE, Ark., 2015-11-18 — /EPR Retail News/ — In front of an audience of associates, suppliers and nonprofit organizations at its Global Sustainability Milestone Meeting, Walmart today announced the completion of commitments to reduce 20 million metric…
November 18, 20150Comments

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Business Financial Management Retail Retailer

The British Land Company PLC reports its Half Year 2015/16 Results

The British Land Company PLC Half Year Results LONDON, 2015-11-18 — /EPR Retail News/ — Chris Grigg, Chief Executive said: “We are reporting another strong set of results. In recent years we have positioned our portfolio to benefit from long-term macro trends. This focus has underpinned our performance in the last six months where we have…
November 18, 20150Comments

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Business Financial Management Retail Retailer

The Home Depot® reports $21.8 billion sales in Q3 of fiscal 2015; 6.4% increase YoY

ATLANTA, 2015-11-18 — /EPR Retail News/ — The Home Depot®, the world's largest home improvement retailer, today reported sales of $21.8 billion for the third quarter of fiscal 2015, a 6.4 percent increase from the third quarter of fiscal 2014. Comparable store sales for the third quarter of fiscal 2015 were positive 5.1 percent, and comp sales…
November 18, 20150Comments

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Business Financial Management Retail Retailer

Asda reports its third quarter trading figures for 2015

LEEDS, England, 2015-11-18 — /EPR Retail News/ — Asda today reported its third quarter trading figures for 2015, posting a 4.5% fall in like-for-like sales for the 13 weeks to 30th September. Speaking in London today, Asda President and CEO Andy Clarke said: “There’s no doubt this represents another challenging quarter. Sales volumes remain under pressure…
November 18, 20150Comments

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Business Financial Management Retail Retailer Technology

NRF welcomed attorneys general’s call to credit card companies on the use of personal identification numbers with the new chip-based credit cards

Letter Calls PIN ‘Gold Standard’ for Card Security WASHINGTON, 2015-11-18 — /EPR Retail News/ — The National Retail Federation today welcomed a letter sent by nine attorneys general to the nation’s top credit card companies and banks calling for the use of personal identification numbers rather than signatures to approve purchases made with new chip-based credit cards. “This…
November 18, 20150Comments

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