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H&M participates in World Water Week in Stockholm

Stockholm, Sweden, 2014-9-4 — /EPR Retail News/ —  World Water Week is one of the world´s most influential water conventions. This week it’s taking place in Stockholm. Energy and Water is this year’s theme and the leading minds in water will discuss how to develop and manage energy and water for the good of society and ecosystems.…
September 4, 20140Comments

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Apparel Business Fashion Management Retail Retailer

H&M and Swedfund to contribute to the development of responsible Ethiopian textile industry

Stockholm, Sweden, 2014-9-4 — /EPR Retail News/ — H&M and Swedfund have come together in a unique cooperation in Ethiopia. The aim is to contribute to the development of a responsible Ethiopian textile industry characterized by both high social and environmental standards. The partnership will start this autumn. The first steps of this collaboration were taken after talks between…
September 4, 20140Comments

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Business Financial Management Retail Retailer

REWE Group completes first German Private Placement of EUR 175 million as promissory note loan

Cologne ,  Germany,  2014-9-4 — /EPR Retail News/ —  REWE Group has successfully concluded the first German Private Placement of 175 million euros in the form of a promissory note loan. Through the fixed interest transaction with a term of 10 years, REWE Group strengthens its financial foundations for implementing its strategy and secures historically low…
September 4, 20140Comments

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Business Management Marketing Retail Retailer

BRC-Nielsen Shop Price Index August 2014: Overall shop prices reported deflation for the sixteenth consecutive month, decelerating to 1.6% in August from 1.9% in July

LONDON, 2014-9-3 — /EPR Retail News/ —  The deceleration in the overall SPI figure has broken the four month declining trend. Food inflation remained at 0.3% in August – the lowest ever recorded. Non-food reported deceleration in deflation of 2.9% in August from 3.3% in July. Helen Dickinson, British Retail Consortium Director General, said: "Shop prices reported deflation of…
September 3, 20140Comments

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Awards Business Malls Management

CBRE Group, Inc. recognized by U.S. Veterans Magazine as one of the 2014 Top Veteran-Friendly Companies in the U.S.

LOS ANGELES, 2014-9-3 — /EPR Retail News/ —  CBRE Group, Inc. has been recognized by U.S. Veterans Magazine (USVM)as one of the Top Veteran-Friendly Companies in the  U.S. for  2014. “Our veteran and reservist employees are some of our best employees,” said Jennifer Ashley, Senior Vice President, Human Resources, CBRE. “We are pleased to provide an organizational culture where these individuals…
September 3, 20140Comments

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Business Environment Grocery Management Retail Retailer

New Zealand: Foodstuffs began rolling out its new sustainable Seafood Boxes to its PAK’nSAVE and New World stores across the North Island

North Island, New Zealand, 2014-9-3 — /EPR Retail News/ —  Foodstuffs North Island Ltd today announced it has begun rolling out its new sustainable Seafood Boxes to its PAK’nSAVE and New World stores across the North Island. Over the last three years the Seafood Team has been working hard to develop a more environmentally friendly solution…
September 3, 20140Comments

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Business Management Retail Retailer

Lawson, Inc. announces organizational and personnel changes

TOKYO, 2014-9-2 — /EPR Retail News/ —  Lawson, Inc. (Head Office: Shinagawa Ward, Tokyo; President and CEO, Representative Director: Genichi Tamatsuka) has announced the following organizational and personnel changes effective September 1, 2014. Organizational changes With the aim to enhance the execution of operations, the following organizational changes has been made. 1) Abolition of the in-house company system and…
September 2, 20140Comments

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Awards Business Entertainment Management Retail Retailer

PHILIPPINES: SM Prime Holdings’ lifestyle and entertainment solutions company SM Lifestyle Entertainment, Inc. honored at 2014 Bangko Sentral ng Pilipinas (BSP) Awards Ceremony

Pasay City, Philippines, 2014-9-2 — /EPR Retail News/ — SM Lifestyle Entertainment, Inc., (SMLEI) the lifestyle and entertainment solutions company of SM Prime Holdings, was cited for the third year in a row  the “Outstanding Partner for Currency Information Program” at the 2014 Bangko Sentral ng Pilipinas (BSP) Awards Ceremony and Appreciation Lunch for Stakeholders. SM LEI has been a constant partner…
September 2, 20140Comments

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Business Management Retail Retailer

Suomen Osuuskauppojen Keskuskunta (SOK) renews its consumer goods trade organisation

Helsinki, Finland,  2014-9-1 — /EPR Retail News/ —  SOK is renewing its consumer goods trade organisation. The related statutory labour negotiations are now completed and, following on from the decisions, the number of employees will be reduced by approximately 110 people. Originally, the estimate was a maximum of 130 people. The organisational reform was triggered by…
September 1, 20140Comments

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Business Financial Management Retail Retailer

Belk, Inc., announces operating results for its fiscal second quarter and six months ended August 2, 2014

Comparable store sales and net income increase Online sales grow 43.1 percent CHARLOTTE, N.C., 2014-9-1 — /EPR Retail News/ —  Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for its fiscal second quarter and six months ended August 2, 2014. Tim Belk, chairman and chief executive officer of…
September 1, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 1,300,492 AHOLD COMMON SHARES FOR € 16.78 MILLION BETWEEN AUGUST 25 AND AUGUST 29, 2014

Zaandam, the Netherlands, 2014-9-1 — /EPR Retail News/ —  Ahold has repurchased 1,300,492 Ahold common shares in the period from August 25, 2014 up to and including August 29, 2014. The shares were repurchased at an average price of € 12.8991 per share for a total consideration of € 16.78 million. These repurchases were made as part of…
September 1, 20140Comments

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Business Financial Management Retail Retailer

Philippines: SM Prime Holdings, Inc. upsized its retail bond issue to PHP20 billion due to the strong demand from both retail and institutional investors

Pasay City, Philippines, 2014-9-1 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) has upsized its retail bond issue to Php20 billion from the initial size of Php15 billion due to the strong demand from both retail and institutional investors. This is SMPH’s maiden offering of retail bonds in the public market. The issue consists of the 5.1000% Series…
September 1, 20140Comments

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Business Children Financial Management Retail Retailer Toys

Toys“R”Us, Inc reports financial results for the second quarter ended August 2, 2014

Adjusted EBITDA was $81 million for the quarter, an increase of 9.5% compared to the prior year period; Total net sales for the quarter increased by $63 million or 2.7%, driven by comparable store net sales growth of 1.5% domestically and 2.5% internationally WAYNE, NJ, 2014-9-1 — /EPR Retail News/ —  Toys“R”Us, Inc. today reported financial results for…
September 1, 20140Comments

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Business Human Resources Law Retail Retailer

The National Retail Federation comments on the release of IRS instructions on the employer mandate’s reporting requirement

WASHINGTON, 2014-8-29 — /EPR Retail News/ — The National Retail Federation today issued the following statement from Vice President and Employee Benefits Policy Counsel Neil Trautwein on the release of Internal Revenue Service instructions on the employer mandate’s reporting requirement: “The additional guidance from the administration is welcomed by the employer community and retail industry. Now that we have the regulations, the forms and…
August 29, 20140Comments

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Business Management Marketing Retail Retailer

REWE Group joins European association Independent Retail Europe

Brussels/Cologne, 2014-8-29 — /EPR Retail News/ — By joining the European association Independent Retail Europe on 1 September, the REWE Group gets to the final round in reaching one of its key objectives: strengthening its independent retailers. Independent Retail Europe represents groups of independent retailers and associations of these groups, and service providers to independent retailers in the…
August 29, 20140Comments

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Business Grocery Philanthropy Retail Retailer

Tesco to donate the profits from increased ice sales due to the ice bucket challenge to the Motor Neurone Disease Association

Cheshunt, England,  2014-8-28 — /EPR Retail News/ —  Tesco will donate the profits from an increase in ice sales due to the ice bucket challenge to the Motor Neurone Disease Association, it was announced today. The donation currently stands at £20,000 - an amount which is expected to increase after further ice sales over the weekend. Tesco saw…
August 28, 20140Comments

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Business Environment Management Retail Retailer

Walmart announced new commitment to advance energy efficiency and reduce environmental impact of its China-based manufacturers

Walmart builds on ongoing commitment to boost energy efficiency and reduce environmental impact of China supply chain SHENZHEN, China, 2014-8-28 — /EPR Retail News/ —  At today’s Walmart Supplier Summit in Shenzhen, Walmart announced a new commitment to further strengthen the sustainability of its global supply chain by advancing the energy efficiency of its China-based manufacturers. The commitment…
August 28, 20140Comments

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Business Management Retail Retailer

The National Retail Federation appoints Mary Heitman Vice President of Retail Programs

Mary Heitman Named Vice President of Retail Programs WASHINGTON, 2014-8-28 — /EPR Retail News/ — The National Retail Federation today announced the hiring of Vice President of Retail Programs, Mary Heitman. Heitman comes to NRF from the Trust for the National Mall, where she served as director of events and deputy director of development. In that role,…
August 28, 20140Comments

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Business Management Philanthropy Retail Retailer

Groupe Auchan contributes $1.5 million to Rana Plaza Donor’s Trust Fund set up under the auspices of the ILO

Groupe Auchan has decided to contribute a total of $1.5 million to the Rana Plaza Donor's Trust Fund set up under the auspices of the ILO. PARIS, 2014-8-28 — /EPR Retail News/ — The company's employees, buyers, Group council personnel representatives, and shareholders were all distressed by the tragedy of April 24, 2013 in Dhaka, Bangladesh, where the…
August 28, 20140Comments

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Business Marketing Retail

ICSC and Goldman Sachs Weekly Chain Store Sales Index increased 4.2% for the week ending August 23 compared to the prior year

NEW YORK, 2014-8-27 — /EPR Retail News/ —  The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 4.2% for the week ending August 23 – relative to the prior year. On a week-over-week basis, sales increased 0.6%. “According to the ICSC-GS consumer tracking survey business was strong across the board…
August 27, 20140Comments

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Awards Business Management Retail Retailer

PT. Matahari Putra Prima, Tbk awarded “Best Senior Management Investor Relations Support & Most Improved Investor Relations” from Alpha Southeast Asia

Tangerang, Indonesia, 2014-8-27 — /EPR Retail News/ — PT. Matahari Putra Prima, Tbk ("MPPA") was awarded the "Best Senior Management Investor Relations Support & Most Improved Investor Relations" from Alpha Southeast Asia. The award was presented at the Mandarin Oriental in Jakarta by Publisher & CEO of Alpha Southeast Asia, Siddiq Bazarwala, to the Chief of Investor…
August 27, 20140Comments

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Business Discounts Grocery Marketing Retail Retailer

Commissary announces sales events this Fall

FORT LEE, Va., 2014-8-27 — /EPR Retail News/ — As summer fades, commissary shoppers will see plenty of cool sales events from Labor Day promotions and National Breakfast Month food samplings to Oktoberfest celebrations, with lots of coupons full of high value savings. Throughout September, DeCA's industry partners – vendors, suppliers and brokers – are collaborating with commissaries…
August 27, 20140Comments

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Business Electronics Management Retail Retailer

JB HI-FI announces the appointment of Tim Carter to the newly created position of Online & Commercial Director

Melbourne, Australia,  2014-8-26 — /EPR Retail News/ — JB HI-FI today announces the appointment of Tim Carter to the newly created position of Online & Commercial Director. Tim will report to the Chief Executive Officer, Richard Murray, and will have primary responsibility for the Company’s online and commercial businesses. Tim was previously with JB HI-FI between September 2005…
August 26, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 785,209 AHOLD COMMON SHARES FOR € 10.25 MILLION BETWEEN AUGUST 18 AND AUGUST 22, 2014

Zaandam, the Netherlands, 2014-8-26 — /EPR Retail News/ — Ahold has repurchased 785,209 Ahold common shares in the period from August 18, 2014 up to and including August 22, 2014. The shares were repurchased at an average price of € 13.0533 per share for a total consideration of € 10.25 million. These repurchases were made as part…
August 26, 20140Comments

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Business Management Retail Retailer

MAXIMA GRUPĖ announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland

Vilnius, Lithuania,   2014-8-26 — /EPR Retail News/ —  MAXIMA GRUPĖ, running the retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria, announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland. Žydrūnas Valkeris steps in as the new general director of “MAXIMA LT”. Previously he has managed Poland’s company “ALDIK NOVA”…
August 26, 20140Comments

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Business Law Retailer

RILA President Sandy Kennedy urged PMA and ILWU leaders to ensure stability at the west coast ports

Letter Underscores Retail Industry Concerns To The Heads Of The PMA And ILWU Arlington, VA, 2014-8-26 — /EPR Retail News/ — In a letter addressed to the heads of the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU), Retail Industry Leaders Association (RILA) President Sandy Kennedy urged both leaders to remain focused on securing a…
August 26, 20140Comments

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Business Consumer Services Grocery Management Marketing Retail Retailer

ShopRite of Waretown extends its delivery service for its popular ShopRite from Home service to all of Long Beach Island

Waretown, NJ, 2014-8-26 — /EPR Retail News/ —  Stocking up for that beach vacation just got easier! ShopRite of Waretown has announced that it has extended its delivery service for its popular ShopRite from Home service to all of Long Beach Island. By placing an order online at ShopRite.com or via the ShopRite from Home mobile app,…
August 26, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

New Zealand: Queenstown Mediterranean Market to become Raeward Fresh Queenstown Market on Monday 8 September 2014

Queenstown, New Zealand, 2014-8-26 — /EPR Retail News/ — Local owners of the Queenstown Mediterranean Market, Angela and Nathan Imlach are thrilled they have recently joined the Raeward Fresh family. While the store will be retailing under the Raeward Fresh brand, Angela and Nathan will still maintain 100% ownership of the business. Angela and Nathan have been operating…
August 26, 20140Comments

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Business Electronics Financial Management Retail Retailer

GOME Electrical Appliances Holding Limited announces the Group’s unaudited consolidated results for the six months ended 30 June 2014

Core Financial Indicators Exceed Industry Average for Six Consecutive Quarters E-commerce Business Enters Period of Rapid Growth Acceleration of Omni-Channel Strategy; Company to Build Another GOME by 2017 Results summary: GOME achieved excellent results in core financial indicators for six consecutive quarters: 1. Sales revenue up for six consecutive quarters y-o-y, 2014 1H up 7.4% y-o-y to…
August 26, 20140Comments

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Business Healthcare Management Marketing Retail Retailer

John Lewis to open two John Lewis Opticians in its Stratford City and Cardiff department stores this Autumn

LONDON, 2014-8-22 — /EPR Retail News/ —  John Lewis has announced that it will open two John Lewis Opticians in its Stratford City and Cardiff department stores this Autumn. The new venture will focus on building longstanding relationships between optician and patient and will offer customers the very best in eye healthcare. John Lewis Opticians will feature the…
August 22, 20140Comments

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