Zaandam, the Netherlands, 2015-3-9 — /EPR Retail News/ — Ahold today commenced the €500 million share buyback program announced on February 26, 2015 and expected to be finalized within 12 months.
The purpose of the share buyback program is to return value to shareholders. The program will be executed by intermediaries allowing the execution of share repurchases…
Business
Regional grocery chain takes ownership of first acquired store in Oregon at 12:01 a.m. Friday, March 20
Bellingham, Wash., 2015-3-9 — /EPR Retail News/ — West Coast regional grocery chain Haggen will take ownership of the Albertsons store at 16199 Boones Ferry Road in Lake Oswego, at 12:01 a.m. Friday, March 20. The new Haggen is scheduled to open…
‘Buy 6-Get 7th Free’ Includes Coffee, Big Gulp®, Slurpee®, Chillers® Drinks
DALLAS, 2015-3-9 — /EPR Retail News/ — 7‑Eleven, Inc. wants its customers to drink up … because the more often they do, the more FREE coffee, Big Gulp®, Slurpee® and Chillers® drinks they’ll earn. Just launched on the 7‑Eleven® mobile app is 7Rewards, an expanded customer loyalty…
AUSTIN, Texas, 2015-3-9 — /EPR Retail News/ — Whole Foods Market (NASDAQ: WFM) has once again earned a spot on FORTUNE magazine’s annual “100 Best Companies to Work For” list. Whole Foods Market has made the list for 18 consecutive years.
America’s Healthiest Grocery Store™ ranked No. 55 on this year’s list, and is one of just…
The team at New World Browns Bay are completing the finishing touches, as the eagerly anticipated replacement supermarket gets ready to open on Tuesday 17 March at 8.15am.
Auckland, New Zealand, 2015-3-9 — /EPR Retail News/ — “We are thrilled to bring a brand new New World offering to Browns Bay,” says Angela Bull, Foodstuffs North…
ROCHESTER, NY, 2015-3-6 — /EPR Retail News/ — FORTUNE announced this morning that Wegmans Food Markets, Inc. is once again on the magazine’s “100 Best Companies to Work For” list, this year ranking #7. For Wegmans, this marks the 18th year in a row that the family-owned supermarket chain has appeared on the FORTUNE list. Wegmans…
LONDON, 2015-3-6 — /EPR Retail News/ — Ex-Pussycat Doll Ashley Roberts is given a stunning golden makeover, to encourage shoppers to find the remaining Golden Noses ahead of Red Nose Day.
TV presenter and ex-Pussycat Doll, Ashley Roberts, was transformed into the ultimate ‘Golden Girl’ when she was hand painted gold for a one-of-a-kind photo-shoot,…
LONDON, 2015-3-6 — /EPR Retail News/ — Sainsbury’s opened its 700th convenience store this week. The new Local on Elliot Street in Liverpool's St. Johns Precinct created 25 new jobs for the community.
The Local will trade from 7am until 11pm, seven days a week, offering customers a wide range of groceries and fresh foods.…
LONDON, 2015-3-6 — /EPR Retail News/ — Marks and Spencer Group plc (“M&S”) today announces the following changes to its Board and Committee membership.
Further to the announcement in August 2014, M&S confirms that Jan du Plessis, Senior Independent Director, will step down from the Board on 4 March 2015, having served on the Board since…
Chicago, Illinois, 2015-3-5 — /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP) and AustralianSuper announced today they have formed a partnership to own and operate Ala Moana Center located in Honolulu, Hawaii. Effective with the partnership formation, GGP will own a 75% equity interest and AustralianSuper will own a 25% equity interest in Ala…
CAMP HILL, Pa., 2015-3-5 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for February.
Monthly Sales
For the five weeks ended Feb. 28, 2015, same store sales increased 3.3 percent over the prior-year period. February front-end same store sales increased 1.6 percent. Pharmacy same store sales, which included an approximate 144 basis…
GRAND RAPIDS, Mich., 2015-3-5 — /EPR Retail News/ — Meijer now offers pharmacy services around-the-clock to customers in Toledo. The new 24/7 pharmacy service at the Sylvania Township location features immunizations, health screenings and medication therapy management, said Nat Love, vice president of Drug Store for the Grand Rapids, Mich.-based retailer.
“We’re pleased to announce that our…
TOKYO, Japan, 2015-3-5 — /EPR Retail News/ — A New Initiative Spanning the Dept. Store and General Merchandise Store Formats for the First Time! An Apparel Innovation in Collaboration with World-Renowned Designers!
2015 Autumn/Winter Season Launch in Line with the Full Scale Kickoff of
The Seven & i Holdings Group’s Omni-Channel Marketing Strategy!
Seven & i Holdings Co.,…
Pasay City, Philippines, 2015-3-5 — /EPR Retail News/ — SM Investments Corporation (SM) reported a record net income in 2014 of PHP28.4 billion. Excluding extraordinary items, recurring net income grew 14.4%.
SM’s underlying earnings growth was mainly driven by BDO Unibank, Inc., which posted a core income growth of 18%. Together with China Banking Corporation, banks accounted…
Chick-fil-A converts 20 percent of its poultry supply for 2015.
ATLANTA, 2015-3-5 — /EPR Retail News/ — Chick-fil-A’s No Antibiotics Ever Commitment:
In 2014, we announced we would work with suppliers over the next several years to remove all antibiotics (including ionophores) from our chicken supply. Below are details of our program’s specifications:
No Antibiotics means No Antibiotics.
This means we…
DALLAS, 2015-3-4 — /EPR Retail News/ — Neiman Marcus Group LTD LLC will announce its second quarter financial results on Tuesday, March 10, 2015 with an investor conference call to be held at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).
The audio webcast may be accessed on the Neiman Marcus Group LTD LLC website at www.neimanmarcusgroup.com…
Washington, D.C., 2015-3-4 — /EPR Retail News/ — Below is Netflix’s statement in support of the FCC’s adoption of strong net neutrality rules:
“The net neutrality debate is about who picks winners and losers online: Internet service providers or consumers. Today, the FCC settled it: Consumers win.
Today’s order is a meaningful step towards ensuring ISPs cannot shift bad…
PARIS, France, 2015-3-4 — /EPR Retail News/ — Everything we do centers on our customers, and making sure that the products created by our Houses are available when and where they are needed is a fundamental priority. The LVMH Supply Chain plays a pivotal role in respecting this promise. Alain Doudard, Supply Chain Director for…
BRUSSELS, Belgium, 2015-3-3 — /EPR Retail News/ — Delhaize Group discloses the information required under article 15, § 1 and 18, § 1 of the Law of May 2, 2007 regarding the disclosure of major shareholdings in listed companies following a capital increase resulting from the exercise of subscription rights by employees.
Information as of February 27, 2015…
LONDON, 2015-3-3 — /EPR Retail News/ — Marks & Spencer (M&S) has completed the installation of the UK’s largest single roof mounted solar panel array on its East Midlands distribution centre in Castle Donington.
With the final panel laid and the system fully commissioned, the solar PV array will span the site’s 900,000 sq ft roof…
LONDON, 2015-3-3 — /EPR Retail News/ — Marks & Spencer has today provided an update on the growth plans for its China business. In line with prior announcements Marks & Spencer has today confirmed that:
Marks & Spencer has a firm intent to enter key cities such as Beijing and Guangzhou from 2015/16.
It will continue…
SEATTLE, 2015-3-2 — /EPR Retail News/ — Long before Kevin Johnson was named Starbucks president and chief operating officer, and a decade before being appointed to the company’s board of directors, he was a Starbucks customer.
“Like everyone else, I started walking into my local Starbucks for coffee and became a part of what millions of…
WASHINGTON, 2015-3-3 — /EPR Retail News/ — The National Council of Chain Restaurants today issued the following statement from Executive Director Rob Green on the introduction of the Corn Ethanol Mandate Elimination Act, sponsored by Senators Pat Toomey, R-Pa., Dianne Feinstein, D-Calif., and Jeff Flake R-Ariz., which would repeal the federal Renewable Fuel Standard corn ethanol…
Q4 sales of €8.1 billion, up 7.9% driven by currency and improved sales trends (up 2.6% at constant exchange rates)
Underlying operating margin of 3.7%; excluding the impact of the SPAR acquisition, stable versus prior two quarters at 3.9%
Simplicity program 2012-2014 achieved €865 million; new target for 2015 of €350 million
Strong free cash…
Innovative Burgers, BBQ and Bacon Set to Sweep Menus Across the Country
Rosemont, Ill., 2015-3-3 — /EPR Retail News/ — This Spring, US Foods is taking some of the most beloved and distinctly American recipes to the next level with the introduction of its latest Scoop product line-up. From the Chef’s Line® Belly Burger and Cross Valley…
Vilnius, Lithuania, 2015-3-3 — /EPR Retail News/ — MAXIMA Eesti owned by MAXIMA GRUPĖ became the first retail chain in Estonia to open a store online. Residents of Tallinn and its surroundings are now able to buy more than 6000 different types of everyday food and drinks, vegetables, fruits, perishable and frozen products.
MAXIMA was also the first…
Saskatchewan, Canada, 2015-3-2 — /EPR Retail News/ — Researchers from the University of Saskatchewan’s Centre for the Study of Co-operatives are seeking the social and economic characteristics that allow co-operatives to thrive in a community. To do so, they’re hosting 40 community meetings over three months to gather input from residents and leaders.
The research is part of…
SEATTLE, 2015-3-2 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer, today announced plans to open a full-line store in the new regional shopping center in Norwalk, CT being developed by General Growth Properties (NYSE: GGP). The three-level, approximately 150,000 square-foot store is scheduled to open in fall 2018 and will…
COLUMBUS, Ohio, 2015-3-2 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the February sales report with Amie Preston, Chief Investor Relations Officer for L Brands (NYSE: LB). The broadcast will be available on the Internet on Thursday, March 5, at 7:30 a.m.…
• Gross margin improved 540 basis points for the fourth quarter and full year
• SG&A savings of $121 million; 210 basis points improvement for the year
• Positive free cash flow of $57 million for the year, a $2.8 billion improvement
PLANO, Texas, 2015-3-2 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced financial…