Gala to also welcome Carl Banks of NY Giants fame and executives from American Express, DreamWorks, PwC
WASHINGTON, 2015-10-22 — /EPR Retail News/ — The NRF Foundation today announced the names of several industry insiders, retail CEOs and business partners who will serve as host committee members for the Foundation’s second annual Gala. The NRF Foundation…
Business
WASHINGTON, 2015-10-22 — /EPR Retail News/ — A broad-based coalition of 10 associations led by the National Retail Federation sent a letter today to Senate leadership in support of an amendment by Senator Tom Cotton to S. 754, the Cybersecurity Information Sharing Act of 2015, that would give liability protection to businesses that share cyber…
Arlington , VA, 2015-10-22 — /EPR Retail News/ —In a letter sent to Senate Majority Leader Mitch McConnell (R-KY) and Minority Leader Harry Reid (D-NV) today the Retail Industry Leaders Association (RILA), along with the Electronic Transactions Association (ETA), Food Marketing Institute (FMI), Healthcare Information Management Systems Society (HIMSS), National Association of Convenience Stores (NACS), National Association of…
RICHMOND, Va., 2015-10-22 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) today announced that its board of directors has elected Alan B. Colberg to membership on the board, bringing its total board membership to 12. Colberg will serve on the Audit Committee.
Since January 2015, Colberg, 54, has been president, CEO and director of Assurant, Inc., a global…
YORK, Pa., 2015-10-22 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced it will close its Elder-Beerman stores in the Huntington Mall in Huntington, West Virginia and the Lima Mall in Lima, Ohio. The Company will not renew these leases, which terminate January 31, 2016. Additionally, the Company announced the closing of…
WASHINGTON, 2015-10-22 — /EPR Retail News/ — The costs to small businesses of the transition to EMV credit and debit card technology are “staggering”—averaging more than half of annual profits for convenience stores—yet the switch still represents a “missed opportunity” to further reduce fraud, according to congressional testimony by a NACS Board member.
Testifying before the…
SAN FRANCISCO, 2015-10-22 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that Tracy Gardner has been elected to serve on the Gap Inc. Board of Directors, effective November 11, 2015.
“With more than 30 years of experience, Tracy is an accomplished merchant, creative advisor and leader in growing multi-channel brands,” said Bob Fisher, chairman…
Transaction allows Darden to reduce approximately $1 billion in debt; Creates new opportunities for both companies to increase shareholder value
ORLANDO, Fla., 2015-10-22 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) announced today that its board of directors has approved, subject to certain conditions, the tax-free spin-off (Spin-off) of select real estate and restaurant…
Consolidated operating earnings of $94 million for Q2 fiscal 2016
Adjusted EBITDA of $166 million for Q2 fiscal 2016
Save-A-Lot sales, operating earnings and Adjusted EBITDA increase over last year's second quarter
Ninth consecutive quarter of positive Save-A-Lot corporate stores ID sales
MINNEAPOLIS, 2015-10-22 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today reported second quarter fiscal…
Testimony Highlights Rite Aid's Efforts to Improve Health of Patients, Increase
Access to High-Quality Healthcare and Lower Healthcare Costs
CAMP HILL, Pa., 2015-10-22 — /EPR Retail News/ — Emphasizing Rite Aid's commitment to patient care, Jesse McCullough, a registered pharmacist and Rite Aid's director of field clinical services, testified today before the U.S. House of Representatives…
AFTER THE ANNUAL SUSTAINABLE APPAREL COALITION MEMBERSHIP MEETING IN JAPAN LAST WEEK, BESTSELLER HAS COMMITTED TO WORKING IN COOPERATION WITH LARGE INTERNATIONAL COMPANIES LIKE H&M, INDITEX, LEVI STRAUSS & CO., NIKE ETC. TO CREATE A COMMON AUDIT STANDARD FOR THE INDUSTRY.
Brande, Denmark, 2015-10-22 — /EPR Retail News/ — Today (21 October 2015), many companies have…
Tangerang, Indonesia, 2015-10-22 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, today has reopened Hypermart outlet at Royal Plaza Surabaya with the latest concept, G7. This outlet which come with a new appearance and a modern concept has…
DULUTH, Ga., 2015-10-22 — /EPR Retail News/ — Chris Poelma, president and general manager of NCR Small Business, will speak at Mobility LIVE! 2015, an event that brings together key thought leaders in the mobile technology industry.
The event, hosted by the Metro Atlanta Chamber, will provide attendees with insight into mobile technology standards, strategies and innovations. Poelma’s…
Helsinki, Finland, 2015-10-22 — /EPR Retail News/ — Citycon will publish its Interim Report for 1 January – 30 September 2015 on Wednesday, 28 October approximately at 9 am Helsinki time (Helsinki time is EET, which is CET +1). The report will be available on Citycon’s website immediately after publication.
Citycon's investor, analyst and press conference…
Carrefour Romania opened 2 new supermarkets.
Timisoara, Romania, 2015-10-21 — /EPR Retail News/ — On September 30th, Carrefour inaugurated a new store in Timisoara. Market Uranus extends over a sales area of 800m², and focuses on a range of approximately 5,000 products.
On October 8th 2015, Carrefour opened its first supermarket in Floresti – Cluj, bringing the…
Milton Keynes, UK, 2015-10-21 — /EPR Retail News/ — Home Retail Group, the UK’s leading home and general merchandise retailer, today announces its results for the 26 weeks to 29 August 2015.
Operating highlights
Argos Transformation Plan progress:
Substantially completed development and testing of new digital propositions – Fast Track Collection and Fast Track Delivery – which launched…
Rob Collins appointed new Managing Director of Waitrose
LONDON, 2015-10-21 — /EPR Retail News/ — The John Lewis Partnership announces today that, after a 33 year career, Mark Price has set out his intention to step down as Managing Director of Waitrose and Deputy Chairman and to leave the Partnership on 3 April 2016. Mark has…
Moscow, 2015-10-21 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of RUB 5 bln BO-04 series rouble-denominated bonds issued by OOO X5 Finance.
The coupon rate on the bonds with oferta in 3.5 years, is set at 11.90%. The Company…
U.S. Rep. Elijah Cummings, Mayor of Baltimore Stephanie Rawlings-Blake and Rite Aid Executive Vice President of Operations Bryan Everett to Host Ribbon-Cutting Today at 1 p.m.
Rite Aid Foundation Reinforces Commitment to Baltimore Community with $10,000 Donation to The Historic Samuel Coleridge-Taylor Elementary School
CAMP HILL, Pa., 2015-10-21 — /EPR Retail News/ — U.S. Rep. Elijah Cummings,…
PVH Corp: Tommy Hilfiger to introduce virtual reality shopping experience at select stores worldwide
Hosted in select ‘Tommy Hilfiger’ stores and wholesale partners globally, consumers can watch the Fall 2015 ‘Hilfiger Collection’ runway show from a front-row seat in 360 degree 3D virtual reality – and then immediately shop the collection.
AMSTERDAM, 2015-10-21 — /EPR Retail News/ — Tommy Hilfiger, which is owned by PVH Corp. [NYSE:PVH], is pleased to…
BOCA RATON, Fla., 2015-10-21 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples Inc., will announce third quarter 2015 results for the fiscal period ending September 26, 2015, before market open on…
EVANSVILLE, Ind., 2015-10-21 — /EPR Retail News/ — Schnucks will open its sixth store in southern Indiana with a ribbon cutting ceremony on Wednesday, Nov. 11 beginning at 8:45 a.m. (Store opens at 9 a.m.) The new 59,000-square-foot, full-service grocery and pharmacy features service meat and seafood departments, a service deli with sliced-to-order specialties including Boar’s…
WOONSOCKET, R.I., 2015-10-21 — /EPR Retail News/ — CVS Health Corporation (NYSE:CVS) will be holding a conference call on Friday, October 30, 2015, at 8:30 a.m. (EDT) with analysts and investors to discuss its third quarter financial results.
An audio webcast of the conference call will be broadcast simultaneously through the Investor Relations portion of the…
CHESHUNT, England, 2015-10-20 — /EPR Retail News/ — The money raised from the government’s 5p bag charge in England will be used by Tesco to pay for a large number of local environmental improvement projects and from today, people right across the UK will be able to apply for grants or nominate online the local projects…
MILAN, ITALY, 2015-10-20 — /EPR Retail News/ — Avi Coop. S.C.A (Amadori), whose waste recycling and energy consumption reduction initiatives helped it secure first place in a competition involving a total of 651 participating suppliers
Within the framework of Carrefour’s official involvement in the COP21 international conference on climate, Avi Coop. S.c.a (Amadori), winner of the…
The company recently hired 25,000 regular, full-time employees in advance of the holiday season
SEATTLE, 2015-10-20 — /EPR Retail News/ — Amazon.com, Inc. (NASDAQ: AMZN) today announced it is creating 100,000 seasonal positions across its U.S. network of fulfillment and sortation centers this holiday season in order to meet the increase in customer demand. In the months leading…
LONDON, 2015-10-20 — /EPR Retail News/ — The Duke of Cambridge and Prince Harry were guests of honour today as The Leadenhall Building, the tallest building in The City of London, officially opened for business.
The Duke of Cambridge and Prince Harry admired the views from the building’s 42nd floor, 200 metres above street level, and…
TOP FINDINGS OF CONSUMERS SURVEYED:
Average spending per person reaches $805.65, comparable with spending in 2014 holiday season ($802.45).
Spending on gifts for family members will total $462.95, up from $458.75 last year, and a survey high.
Almost half of holiday shopping, consisting of browsing and buying, will be done online: average consumers say 46 percent…
IMMOCHAN AT THE MAPIC 2015
Croix, France, 2015-10-20 — /EPR Retail News/ — By 2017 Immochan plans the opening of 50 new centres or extensions for a record amount of investment.
This significant development plan, in France, Eastern Europe and Asia includes an important number of large scale projects, with 10 sites of more than 50,000m2 of total…
Richfield, MN, 2015-10-20 — /EPR Retail News/ — Today (October 19, 2015) we are proud that Best Buy is joining other leading U.S. companies in signing the American Business Act Pledge on Climate Change.
This is an historic moment for Best Buy. In our pledge, we committed to further advancing our efforts toward addressing this global challenge.…