Skip to content Skip to sidebar Skip to footer

Business

Business

The National Retail Federation agrees with FBI warning that new chip-based credit cards are safer but need PIN to minimize risk of fraud

WASHINGTON, 2015-10-12 — /EPR Retail News/ — The National Retail Federation today said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN instead of a signature to minimize risk. “What the FBI is saying is…

Read more

Overwaitea Food Group promotes Brenda Kirk to VP, Centre of Store Merchandising

Langley, B.C., 2015-10-12 — /EPR Retail News/ — To ensure that Centre of Store Merchandising is appropriately supported through the company’s anticipated growth and expansion, Overwaitea Food Group (OFG) President Darrell Jones has promoted Brenda Kirk to Vice President, Centre of Store Merchandising. In this capacity, Brenda holds responsibility for all Centre of Store merchandising deliverables…

Read more

NACS President and CEO Henry Armour welcomed attendees at the 2015 NACS Show

LAS VEGAS, 2015-10-12 — /EPR Retail News/ — The NACS Show is so important to the industry that it’s almost unimaginable to not attend it, noted NACS President and CEO Henry Armour, welcoming attendees at the 2015 NACS Show opening general session. “Whether you are attending your first NACS Show, or whether it’s your 30th NACS Show, like…

Read more

Whole Foods Market opens new 128,000-square-foot distribution center in Vernon, California

128,000-square-foot facility features updated energy efficiency, water savings and state-of-the-art innovations LOS ANGELES, 2015-10-12 — /EPR Retail News/ —  Whole Foods Market celebrated the opening of its new state-of-the-art distribution center Wednesday, Oct. 7, at 5000 Pacific Blvd, in Vernon, California. The 128,000-square-foot distribution center has nearly 100 full-time team members and serves the company’s 56 stores in…

Read more

Philippines: Now part of the SM Markets family, Cherry Foodarama Shaw and Congressional reopen their doors on Oct 13 and 15, 2015

PASAY CITY, PHILIPPINES, 2015-10-12 — /EPR Retail News/ — After months of waiting, Cherry Shaw and Cherry Congressional are finally reopening their doors on October 13 and October 15, 2015 respectively, with a renewed enthusiasm to serve. Having served as main grocery stores for residents within their areas for decades, the two Cherry stores have…

Read more

Starbucks CEO Howard Schultz addressed more than 200 people representing veterans service organizations

SEATTLE, 2015-10-9 — /EPR Retail News/ — At any given time in the past decade, less than 1 percent of the American population has been on active military duty. As a result, many who served in the Armed Forces recently feel like the general public doesn't understand their sacrifice. “I don’t think we’ve ever lived through…

Read more

Carrefour and the Avril collaborate within the framework of the @SolutionsCOP21 Diet and Climate working group in preparation for COP21

Boulogne-Billancourt, FRANCE, 2015-10-9 — /EPR Retail News/ — Because what we eat influences our climate, Carrefour and the Avril group have been working together within the framework of the @SolutionsCOP21 Diet and Climate working group in preparation for COP21. Our shared aim? Showcase our concrete solutions upstream of the farming sector to ensure that average global temperatures do…

Read more

Leeds City Council, John Lewis and Hammerson sign Employment and Skills Charter

LONDON, 2015-10-9 — /EPR Retail News/ — Leeds City Council, John Lewis and Hammerson have signed an Employment and Skills Charter, marking their commitment to support Leeds residents to access more than 1,000 new employment opportunities as part of the £165 million Victoria Gate development. The Charter sets out how the organisations will work collaboratively to…

Read more

John Lewis to open new department store in Cheltenham in 2017

LONDON, 2015-10-9 — /EPR Retail News/ — John Lewis has today announced plans to open a new department store in Cheltenham in 2017. With a combined investment of over £30m from John Lewis, BlackRock and Cheltenham Borough Council, the proposal will see the Beechwood shopping centre in Cheltenham transformed into a John Lewis department store. Creating up…

Read more

Kimco Realty Corp. announces its transaction activity for the third quarter of 2015 totaled more than $245 million

NEW HYDE PARK, N.Y., 2015-10-9 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today announced that the company’s transaction activity for the third quarter of 2015 totaled more than $245 million. Subsequent to the third quarter, Kimco acquired the remaining 85% ownership interest in a Houston power center for a gross price of $64 million,…

Read more

NACS: Convenience stores poised to capitalize on the growing trend of consumers seeking healthy products according to new Hudson Institute report

ALEXANDRIA, VA, 2015-10-9 — /EPR Retail News/ — Convenience stores are poised to capitalize on the growing trend of consumers seeking healthy, more convenient products, according to a new Hudson Institute report. “Consumers’ desire for convenience is a growing trend and a notable convenience store opportunity,” according to “Health & Wellness Trends and Strategies for the…

Read more

Publix VP of Fresh Product Business Development David Bridges announced his decision to retire

LAKELAND, Fla., 2015-10-9 — /EPR Retail News/ — Last month, David Bridges, Vice President of Fresh Product Business Development, announced his decision to retire Jan. 1, 2016, after 49 years of service to the company. Bridges’s career began in 1966 at store #0011, Lakeland, Florida, as a front service clerk. By 1981, he was promoted to store…

Read more

Nachhaltigere Weihnachtssterne erstmalig im Sortiment von REWE, PENNY und toom

Bessere Bedingungen beim Anbau von Weihnachtssternen: Kontrollierter Einsatz von Pflanzenschutzmitteln, verbesserte Sozialstandards und Reduktion des Torfeinsatzes Köln, Germany, 2015-10-9 — /EPR Retail News/ — Mit der Umstellung auf eine nachhaltigere Produktion von Weihnachtssternen widmet sich die REWE Group einer der beliebtesten Zimmerpflanzen in Deutschland. Rund 40 Millionen Weihnachtssterne (Poinsettien) gehen jährlich in Deutschland über die Ladentische, ungeachtet…

Read more

Swedish ICA stores sales rose by 4.1% in September 2015 compared with the corresponding month last year

Solna, Sweden, 2015-10-9 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 4.1% in September 2015 compared with the corresponding month last year. Sales in like-for-like stores increased by 3.4%. September 2015 January – September 2015 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,537 6.9% 4.2% 24,121 5.9% 3.6% ICA Kvantum 2,065 4.0% 4.2% 19,372 4.6% 3.5% ICA Supermarket 2,621 2.6% 2.3% 24,678 2.1% 2.4% ICA Nära 1,280 2.2% 2.7% 12,182 2.2% 2.6% Total 8,503 4.1% 3.4% 80,353 3.8% 3.0% In September 2015, sales in the Swedish ICA stores totalled SEK…

Read more

Sports Direct International plc enters into sale and purchase agreement with Sandra Minor to purchase shares in Warrnambool

Shirebrook, United Kingdom, 2015-10-9 — /EPR Retail News/ — Sports Direct International plc ("Sports Direct" or the "Group"), the UK's leading sports retailer, announces that it has entered into: (i) a sale and purchase agreement with Sandra Minor (a minority shareholder in Warrnambool) to purchase shares in Warrnambool which, following completion of that purchase will result…

Read more

Smart & Final Stores LLC to acquire 28 store leases and related assets from affiliates of Haggen Holdings, LLC for $56 million

COMMERCE, Calif., 2015-10-9 — /EPR Retail News/ — Smart & Final Stores, Inc. (the "Company") (NYSE:SFS) today announced that its subsidiary, Smart & Final Stores LLC, has entered into an agreement to acquire 28 store leases and related assets from affiliates of Haggen Holdings, LLC ( "Haggen") for a cash purchase price of $56 million,…

Read more

BJ’s Restaurants announces the opening of its new restaurant in Canton, Ohio

HUNTINGTON BEACH, Calif., 2015-10-9 — /EPR Retail News/ — BJ's Restaurants, Inc.(NASDAQ:BJRI) today announced the opening of its new restaurant in Canton, Ohio, on Monday, October 5, 2015. The new BJ's Restaurant & Brewhouse® is located at the regional shopping area called The Strip at Portage Road and Strip Avenue NW. The restaurant is approximately…

Read more

Colruyt opens revamped store at Herbettelaan in Anderlecht after a few months of renovation work

Renovated Colruyt Anderlecht (Herbettelaan) reopens on 7 October Halle, Belgium, 2015-10-9 — /EPR Retail News/ — On Wednesday 7 October, the revamped Colruyt store opens at Herbettelaan in Anderlecht after a few months of renovation work. The store was expanded, revamped into a new-generation Colruyt store and it received a brand-new butcher's department. New-generation store “Colruyt regularly renovates…

Read more

Topaz to introduce Ireland’s newest fresh, urban food concept, Rocket’s to 40 forecourts nationwide

45 new jobs to be created as part of an 11.4 million investment Dublin, Ireland, 2015-10-9 — /EPR Retail News/ — Topaz, Ireland’s largest fuel and convenience brand, has announced a €11.4 million investment which will see them introduce Ireland’s newest fresh, urban food concept, Rocket’s to 40 forecourts nationwide. The rollout, which will take place over…

Read more

Amazon to launch new store featuring genuinely handmade items crafted and sold directly from artisans

Handmade at Amazon items are factory-free, handcrafted Shop for handmade items from more than 60 countries around the world Artisans are adding thousands of new items daily SEATTLE, 2015-10-8 — /EPR Retail News/ — Amazon (NASDAQ:AMZN) announced today the launch of Handmade at Amazon (www.amazon.com/handmade), a new store featuring genuinely handmade items crafted and sold directly from…

Read more

DFS Furniture FY15 sales up 7.0% to £913.1 million YoY

Doncaster, England, 2015-10-8 — /EPR Retail News/ — DFS Furniture plc, (the “Group”), the market leading retailer of upholstered furniture in the United Kingdom today announces its preliminary results for the 52 weeks ended 1 August 2015 (prior year: 53 weeks ended 2 August 2014). Financial Highlights: Group gross sales up 7.0% to £913.1 million (FY14: £853.4…

Read more

CVS announced the results to date for the previously announced private exchange offers and solicitation of consents

WOONSOCKET, R.I., 2015-10-8 — /EPR Retail News/ — CVS Health Corporation ("CVS Health", NYSE: CVS) announced today the results to date for the previously announced (A) private exchange offers ("Exchange Offers") to Eligible Holders (as defined below) to exchange new 4.75% Senior Notes due 2022 (the "New CVS Health 2022 Notes") and new 5.00% Senior…

Read more

NRF to Congress: new chip-and-signature credit cards without PIN will not stop data breaches

WASHINGTON, 2015-10-8 — /EPR Retail News/ — The National Retail Federation today told Congress that new chip-and-signature credit cards without a PIN will not stop data breaches, and that small businesses should not be pressured to install the equipment to accept them at the expense of more effective technology. “The new EMV equipment does not stop breaches,”…

Read more

NRF: Shop.org announced the group’s Digital Commerce Startup of the Year competition winner – Reflektion

Washington, DC, 2015-10-8 — /EPR Retail News/ — Shop.org today announced the group’s Digital Commerce Startup of the Year competition winner. After being named a finalist in September, Reflektion was selected by several esteemed leaders in the retail industry as the winner of the competition. The company’s technology aims to capture and respond to individual shopper’s…

Read more

The National Retail Federation expects November and December sales to increase by 3.7 percent to $630.5 billion

Washington, DC, 2015-10-8 — /EPR Retail News/ — The National Retail Federation announced today it expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5 billion — significantly higher than the 10-year average of 2.5 percent. Holiday sales in 2015 are expected to represent approximately 19 percent of the retail industry’s annual sales of $3.2 trillion. Additionally, NRF is forecasting online sales…

Read more

Kimco’s public offering: $500 million notes due 2022 at a coupon of 3.400% per annum with an effective yield of 3.510%

NEW HYDE PARK, N.Y., 2015-10-8 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today announced its public offering of $500 million notes due 2022 at a coupon of 3.400% per annum with an effective yield of 3.510%, maturing November 1, 2022. The offering is expected to settle on October 19, 2015, subject to customary closing conditions. The…

Read more

L Brands reports $919.9m net sales for the five weeks ended Oct 3, 2015; up 8 percent YoY

COLUMBUS, Ohio, 2015-10-8 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $919.9 million for the five weeks ended Oct. 3, 2015, an increase of 8 percent, compared to net sales of $853.5 million for the five weeks ended Oct. 4, 2014.  Comparable store sales increased 9 percent for the five…

Read more

Volker Hornsteine wird zum 1. Januar 2016 in den Vorstand der REWE International AG aufrücken

Köln, Germany, 2015-10-8 — /EPR Retail News/ — Im Vorstand der REWE International AG werden die Weichen für die Zukunft gestellt. Volker Hornsteiner, seit 2001 im Vorstand von BILLA, wird zum 1. Januar 2016 in den Vorstand der REWE International AG aufrücken. Er wird aber weiterhin auch Vorstandssprecher der BILLA AG bleiben. Im Holding-Vorstand übernimmt er…

Read more

SM Prime Holdings to open its 53rd mall in Philippines on October 9, 2015

Pasay City, Philippines, 2015-10-8 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens SM City Cabanatuan on October 9, 2015. It is SM Prime’s 53rd mall in the country, and the second mall within Nueva Ecija - along with SM Megacenter Cabanatuan. The new…

Read more

EPR Retail News