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…
Business
Haggen Receives Approval of Sale of Stalking Horse Bidder Packages and Announces Auction Results
Bellingham, Wash, 2015-11-18 — /EPR Retail News/ — Haggen today announced that the U.S. Bankruptcy Court for Delaware in Wilmington confirmed the sale of certain stores. The Court approved two separate purchase agreements for certain assets with Gelson’s Markets and Smart &…
SUPERVALU’s Cub Foods President Mike Stigers named new Executive Vice President, Independent Business and Supply Chain to succeed Haugarth
MINNEAPOLIS, 2015-11-18 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that Janel Haugarth, Executive Vice President and President, Independent Business and Supply Chain Services, has informed the Company of her plans to retire on December 26,…
CBRE earns a perfect score of 100, its highest ever
Los Angeles, CA, 2015-11-18 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that for the third consecutive year, it has been recognized for climate-change transparency through its inclusion in CDP’s S&P Climate Disclosure Leadership Index (CDLI). This year, CBRE received a perfect score…
Los Angeles, CA, 2015-11-18 — /EPR Retail News/ — CBRE Group, Inc. today announced that the CBRE Women’s Network earned a Top Ten ranking in the inaugural Global Diversity List, supported by the Economist. The Global Diversity List identifies large companies which put diversity at the center of their business strategies.
Other companies recognized for their…
Milton Keynes, UK, 2015-11-17 — /EPR Retail News/ — Chris McDonough has been appointed to the role of Marketing Director at Homebase, reporting to Managing Director Echo Lu as part of the Homebase Leadership Team. He takes up the position on 1 December 2015.
Chris brings with him a wealth of experience from a broad range of…
Retailer to open seven shop-in-shops with The Netherlands' leading department store
LONDON, 2015-11-17 — /EPR Retail News/ — In a first for the retailer, John Lewis has announced it will have a physical presence in Europe by opening shop-in-shops within seven branches of The Netherlands' leading department store, de Bijenkorf.
The first three shop-in-shop departments will open…
NEW YORK, 2015-11-17 — /EPR Retail News/ — PVH Corp. (NYSE:PVH) today announced that it will release its third quarter 2015 earnings results on Wednesday, December 2, 2015 after the market closes. PVH will sponsor a conference call on Thursday, December 3, 2015 at 9:00 A.M. Eastern Standard Time, hosted by Emanuel Chirico, Chairman and Chief Executive…
AUCKLAND, New Zealand, 2015-11-17 — /EPR Retail News/ — Foodstuffs has today announced that its traditional liquor retail brand, Liquorland, has successfully completed the purchase of 20 liquor stores across the country from The Mill Retail Holdings (TMRH). Following the initial announcement of intent to purchase in September, the deal was completed today, Tuesday 17…
STOCKHOLM, SWEDEN, 2015-11-16 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 12 percent in local currencies in October 2015 compared to the same month last year.
The total number of stores amounted to 3,807 on 31 October 2015 compared to 3,437 on 31 October 2014.
Percentage sales development for the month of November and…
Findings show that CVS/pharmacy® ReadyFill® program improves medication adherence while reducing drug waste
WOONSOCKET, R.I., 2015-11-16 — /EPR Retail News/ — New research by the CVS Health (NYSE: CVS) Research Institute is the first to show the impact of prescription refill programs on medication adherence. The study, published in the American Journal of Managed Care, found that…
Zaandam, the Netherlands, 2015-11-16 — /EPR Retail News/ — Ahold and Delhaize Group today announced the proposed Executive Committee of Ahold Delhaize, effective upon completion of the proposed merger of the two companies.
The future Executive Committee will be comprised of the Management Board members as announced on June 24, 2015, and will be supplemented by the…
LONDON, 2015-11-16 — /EPR Retail News/ — Today, the BRC and the FDF with the support of Anaphylaxis Campaign and Coeliac UK are launching a guidance document which provides food manufacturers, retailers and enforcement authorities with essential advice on what must be considered before making a ‘free-from' claim on a product (1).
At present, with the exception…
Boulogne-Billancourt, FRANCE, 2015-11-16 — /EPR Retail News/ — Carrefour has just renewed its commitment to the International Labour Organisation (ILO) by signing the "Global Business and Disability Network" charter. The purpose of the charter is to promote the interests of people with disabilities and to include them through concrete initiatives at international level. An initiative that…
ALEXANDRIA, VA, 2015-11-16 — /EPR Retail News/ — Diane Rusignola has joined NACS as a deputy editor. In this newly created role, Rusignola will help guide the content, design consistency and editing of the award-winning monthly NACS Magazine as well as content across NACS Media platforms including the NACS Daily e-newsletter and NACS social media.
Rusignola previously…
DULUTH, Ga., 2015-11-16 — /EPR Retail News/ — NCR Corporation (NYSE: NCR) today announced that Richard T. (Mick) McGuire III, Founder and Managing Partner, Marcato Capital Management, has resigned from the Company’s Board of Directors. McGuire has served on the Board since November 2014.
“Mick has been a good director who has provided the Board a valuable shareholder…
Agreement establishes First Data as preferred payments technology provider for NCR in grocery, petroleum and convenience store industries
NCR becomes First Data’s preferred ATM and services provider, including enterprise license for NCR CxBanking software
DULUTH, Ga. and NEW YORK, 2015-11-16 — /EPR Retail News/ — First Data (NYSE: FDC), a global leader in commerce-enabling technology and solutions,…
All the latest holiday data and findings one click away.
NEW YORK, 2015-11-16 — /EPR Retail News/ — How much money are shoppers spending this holiday season? On Black Friday? Super Saturday? Do shopping centers prefer to hire Santas with real beards or will costume accessories suffice? How are omnichannel and technology trends influencing holiday shoppers?
Find…
New Poll Finds Strong Support for Federal Legislation in the Bluegrass State
WASHINGTON, 2015-11-16 — /EPR Retail News/ — Today the International Council of Shopping Centers (ICSC) released the results of a Kentucky-specific poll that shows that roughly seven in ten Kentucky voters support federal legislation that requires online-only sellers to collect sales tax at the…
More than 7 in 10 Americans (71 percent) plan to stock up on holiday gifts and merchandise over Thanksgiving weekend (Thursday-Sunday), according to the International Council of Shopping Centers (ICSC) Black Friday Shopping Study.
One in three Americans (32 percent) plan to shop in-store on “Cyber Monday.”
Hot toys include LEGO dimensions starter pack, Paw…
DEERFIELD, Ill., 2015-11-15 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) Executive Vice President and Global Chief Financial Officer George Fairweather will participate at the Morgan Stanley Global Consumer & Retail Conference. Fairweather is scheduled to appear at 2:20 p.m. Eastern time on Tuesday, 17 November. The conference is taking place at the…
MOORESVILLE, N.C. , 2015-11-15 — /EPR Retail News/ — At its meeting today, the board of directors of Lowe’s Companies, Inc. (NYSE: LOW) appointed Bertram L. Scott , 65, to the board, effective immediately. Today’s announcement brings Lowe’s board of directors to 12 members, 11 of whom are independent.
Scott brings to the board a wealth of…
LONDON, 2015-11-15 — /EPR Retail News/ — British Land is pleased to announce that it has secured an impressive 11 new lettings totalling nearly 28,000 sq ft at Meadowhall, one of the UK’s leading regional shopping centres and Yorkshire’s premier shopping destination. The lettings follow Meadowhall’s recent 25th birthday celebrations and the launch of a…
STOCKHOLM, SWEDEN, 2015-11-15 — /EPR Retail News/ — H&M has become the Ellen MacArthur Foundation latest Global Partner accelerating the transition to the circular economy. The announcement was made by Dame Ellen MacArthur, speaking at the BSR 2015 conference in San Francisco.
“We see the partnership with the Ellen MacArthur Foundation as a great opportunity to…
Amsterdam, 2015-11-15 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the results of the Company’s Extraordinary General Meeting of shareholders (“EGM”) held on 12 November 2015 at Parkstraat 20, 2514 JK, The Hague, The Netherlands.
All of the resolutions proposed to the EGM…
PARIS, 2015-11-13 — /EPR Retail News/ — For the first time in its history LVMH announces the implementation of an internal carbon fund which is already estimated at over 5 million euros. The fund will be financed by contributions from each Maison, calculated using the greenhouse gas emissions generated by their activities, specifically in terms…
cplXpress to help Digital Insight increase engagement and maximize profitability of existing customer relationships
DULUTH, Ga., 2015-11-13 — /EPR Retail News/ — Digital Insight, an NCR company and leader in digital banking solutions and CUneXus Solutions, a financial services software development firm focused on data-driven consumer lending strategies, have partnered together to resell CUneXus’ cplXpress product to Digital…
Gothenburg, Sweden, 2015-11-13 — /EPR Retail News/ — Today (November 6, 2015) Lindex opens the doors to its second store in London. The fashion chain is unique in the UK market and the earlier establishment in Westfield, Stratford City has been a success with significant impact among customers, the fashion press and bloggers.
“We distinguish ourselves…
NEW LOOK RETAIL GROUP LIMITED (“New Look”) First Half Results for the 26 weeks ended 26 September 2015
LONDON, 2015-11-13 — /EPR Retail News/ — Strong First Half performance with significant progress made against strategic initiatives
Financial Highlights*
Revenue +5.9% to £756.0m (H1 FY15: £713.6m)
New Look Brand like-for-like sales +4.9%
UK like-for-like sales +4.7%
Own website sales +37.9%…
Third quarter revenue up 42.2 per cent to EUR 713.1 million
Nine month revenue up 34.9 per cent to EUR 2.1 billion, almost reaching full-year 2014 revenue level; on track towards 33-35 per cent revenue growth in 2015
Profitable with nine-month adjusted EBIT at EUR 35.7 million or 1.7 per cent margin; margin impacted by…