Milton Keynes, UK, 2015-9-11 — /EPR Retail News/ — Home Retail Group, the UK’s leading home and general merchandise retailer, today updates on the trading of its second financial quarter, covering the 13 weeks to 29 August 2015.
John Walden, Chief Executive of Home Retail Group, commented:
“Argos delivered an improved sales performance in the second quarter. It…
Business
LONDON, 2015-9-11 — /EPR Retail News/ — Unaudited condensed Interim Financial Statements for the half year ended 1 August 2015
Solid first half for the Partnership in a difficult market
Financial Summary
Waitrose
John Lewis
Partnership
£m
YoY
Change
£m
YoY
Change
£m
YoY
Change
Gross sales
3,180.8
1.1%
1,935.8
3.8%
5,116.6
2.1%
LFL sales(1)
(1.3)%
3.0%
Revenue
2,998.7
1.1%
1,548.5
3.6%
4,547.2
1.9%
Operating profit before exceptional item(2)(3)
135.5
(6.7)%
47.1
(16.3)%
144.9
(17.7)%
Operating profit(3)
272.9
55.0%
PBT(4)before exceptional item(2)(3)
96.0
(26.0)%
PBT(3)(4)
224.0
72.6%
(1) Waitrose like-for-like sales excludes petrol
(2) Exceptional income of £128.0m (2014/15: £nil) following the sale of…
MOORESVILLE, N.C. , 2015-9-11 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $250 million of Floating Rate Notes due 2018, $750 million of 3.375% Notes due 2025 and $750 million of 4.375% Notes due 2045. Estimated net proceeds from this offering will be approximately…
STOCKHOLM, SWEDEN, 2015-9-11 — /EPR Retail News/ — H&M has been included to the prestigious Dow Jones Sustainability Europe Index for the first time and the World Index for the fourth consecutive year.
The Dow Jones Sustainability indices list the most sustainable companies based on an extensive annual assessment conducted by independent asset managers from the…
STOCKHOLM, SWEDEN, 2015-9-11 — /EPR Retail News/ — H & M Hennes & Mauritz AB presents the nine-month results for 2015 at a press conference on Thursday 24 September at 9.30 CET. There will also be a telephone conference in English at 14.00 CET the same day.
The nine-month results for the period 1 December 2014…
Customers Invited to Join in the Service Campaign through Social Media - The Home Depot Foundation to Donate $1 to Veterans' Causes for Each Tweet, Instagram and Facebook Share, Up to $1 Million
ATLANTA, 2015-9-11 — /EPR Retail News/ — Today, The Home Depot® activates its army of associate volunteers to launch the company's fifth-annual Celebration…
Paris, Amsterdam, 2015-9-11 — /EPR Retail News/ — Unibail-Rodamco announces it has signed an agreement with the EPADESA (The Public Development Authority La Défense Seine Arche) for the development of an alternative project on the site of the Phare Tower in La Défense district (Paris region). A partnership has been entered into between the Group…
WASHINGTON, 2015-9-11 — /EPR Retail News/ — The National Retail Federation and University of Phoenix have named the 20 Dream BIG Scholarship recipients for 2015 whose dreams to further their education will now become a reality. The recipients – all current retail employees – were selected out of hundreds of applicants from more than 75…
WASHINGTON, 2015-9-11 — /EPR Retail News/ — Import cargo volume at the nation’s major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett…
Inclusion in the DJSI confirms Delhaize Group’s leadership in the Food and Staples Retailing Sector.
BRUSSELS, Belgium, 2015-9-11 — /EPR Retail News/ — Delhaize Group is proud to announce its inclusion in the 2015 Dow Jones Sustainability Index (DJSI), a leading benchmark for investors who integrate sustainability considerations into their portfolios.
The Belgian international supermarket operator is one…
Zaandam, the Netherlands, 2015-9-11 — /EPR Retail News/ — Ahold was included in the Food & Staples Retailing industry group in the Dow Jones Sustainability World Index (DJSI) for the 7th consecutive year today. This demonstrates its commitment to responsible retailing.
Ahold received a top score in supply chain management and raw materials sourcing, and also performed particularly…
Overall shop prices reported deflation of 1.4% in August unchanged from July.
Food reported annual inflation of 0.2%, up marginally from the 0.1% rise in July 2015.
On a 12-month average basis, the Shop Price Index reported deflation of 1.7%.
Non-food deflation accelerated further to 2.4% from 2.3% in July.
LONDON, 2015-9-11 — /EPR Retail…
Arlington, VA, 2015-9-11 — /EPR Retail News/ — As retailers spend billions to upgrade their point of sale terminals to accept new "chip" cards before the October 1st liability shift deadline, the nation's largest card network acknowledged that a staggering number of magnetic "swipe" cards have not been replaced with new cards.
The most recent numbers announced by…
Arteixo, Spain, 2015-9-11 — /EPR Retail News/ — Zara's online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week.
Zara's online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week. Both websites, www.zara.com/hk and www.zara.com/tw offer online shoppers the same…
Receives $215 Million in Debtor In Possession Financing to Support Process
Bellingham, Wash., 2015-9-11 — /EPR Retail News/ — Haggen, the West Coast regional grocer, today announced that in order to reorganize around its core profitable stores, it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the U.S. Bankruptcy Court for the…
RICHMOND, Va., 2015-9-11 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) announced today the webcast and conference call access information for upcoming events.
September 22, 2015 – Second Quarter Fiscal Year 2016 Earnings Conference Call
On September 22, CarMax will release sales and earnings for the second quarter endedAugust 31, 2015, and will host a conference call…
BEACHWOOD, Ohio, 2015-9-11 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its third quarter 2015 common stock dividend of $0.1725 per share, which represents an increase of 11 percent from the third quarter of 2014. The common stock dividend is payable on October 9, 2015 to shareholders of record at the close of business…
ALEXANDRIA, Va., 2015-9-11 — /EPR Retail News/ — The 2015 NACS Show will feature an extra day of general sessions in addition to more than 55 educational sessions spread over the four-day event. The event also will feature more than 1,200 exhibitors in a massive 400,000 net-square-foot expo.
The NACS Show will take place October 11-14 at the…
CANTON, MA, 2015-9-11 — /EPR Retail News/ — Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, today announced that effective August 31, 2015, Michael R. Shutley joined the company as Vice President, Federal & State Government Affairs. Reporting directly to Karen Raskopf, Chief Communications Officer, Mr. Shutley will work closely with senior…
New Free Shipping Offer Ranks Among the Most Competitive in the Retail Industry
WAYNE, NJ, 2015-9-11 — /EPR Retail News/ — Toys“R”Us, Inc. announced that starting Wednesday, September 9, it will lower the free shipping minimum required for online orders at Toysrus.com and Babiesrus.com from $49 to $19 (surcharges may apply on large/heavy items)*. The new free shipping…
Amsterdam, 2015-9-11 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announced that Stephan DuCharme has decided to step down as CEO of X5 having successfully completed X5’s turnaround. He will return to the Company’s Supervisory Board (the “Board”) as its Chairman,…
Partnership – now in 17 U.S. Cities – saved Whole Foods Market customers 970,000 shopping hours
AUSTIN, 2015-9-11 — /EPR Retail News/ — Whole Foods Market (NASDAQ: WFM) and one-hour grocery delivery service, Instacart, today marked the one-year anniversary of a partnership that has helped Whole Foods Market customers conveniently purchase groceries and have them delivered…
Ahold USA today announced Nick Bertram, senior vice president of merchandising strategy & support has been named to The Griffin Report’s 2015 40 under 40 class.
Carlisle, PA, 2015-9-11 — /EPR Retail News/ — “Nick brings a wide breadth of grocery retail insight and expertise to his work on behalf of Ahold USA,” said James McCann, chief…
Scholarships Funded through Rite Aid Foundation's $1.3 Million Donation to Folds of Honor
Camp Hill, Pa., 2015-9-11 — /EPR Retail News/ — During the month of September, Rite Aid associates nationwide will honor 274 students who have been named recipients of Folds of Honor educational scholarships provided by The Rite Aid Foundation's KidCents program. The $1.3…
Wrocław, Poland, 2015-9-11 — /EPR Retail News/ — AmRest Holdings SE („AmRest”, “Company”) (WSE: EAT), the largest publicly listed restaurant operator in Central Europe, informs about receiving from Mr. Henry McGovern a letter of resignation from the function of the Chairman of the Supervisory Board of AmRest, effective 10th September 2015.
Mentioned decision was taken in…
Continued market outperformance in France and improving cash position
LONDON, 2015-9-10 — /EPR Retail News/ — Darty plc today announces first quarter trading for the period 1 May 2015 to 31 July 2015, based on unaudited management accounts.
Summary
Successful summer sales and excellent growth in white goods
Continued market outperformance in France with like-for-like sales up 1.1…
BLOOMFIELD HILLS, Mich., 2015-9-10 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer will participate in a company roundtable presentation to the investment community at the Bank of America Merrill Lynch 2015 Global Real Estate Conference on Thursday, September 17, 2015 at 12:30 p.m.…
Bradford, England, 2015-9-10 — /EPR Retail News/ — Morrisons has agreed to sell 140 M local convenience stores for a consideration of c. £25m in cash, to a team led by retail entrepreneur Mike Greene and backed by Greybull Capital LLP. Morrisons will retain five M local stores, which are either on forecourts or will be…
HOUSTON, 2015-9-10 — /EPR Retail News/ — Weingarten Realty Investors (NYSE: WRI) announced today that Drew Alexander, President and Chief Executive Officer, will present at the Bank of America Merrill Lynch 2015 Global Real Estate Conference in New York, New York on Thursday, September 17th at 2:45 PM Eastern Time. To listen to the presentation, please use…
Auckland, New Zealand, 2015-9-10 — /EPR Retail News/ — We are pleased to confirm the Foodstuffs Fresh Grocery Expo will be held on 6 and 7 April 2016 at ASB Showgrounds, Greenlane, Auckland.
We are pleased to confirm the Foodstuffs Fresh Grocery Expo will be held on Wednesday 6 and Thursday 7 April 2016 at ASB…