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SRC-KPMG SCOTTISH RETAIL SALES MONITOR JULY 2014: Total Scottish sales decreased by 1.8% vs. July 2013

LONDON, 2014-8-22 — /EPR Retail News/ —  In July 2014 total Scottish sales decreased by 1.8% compared with July 2013, when they had increased by 4.0%, the strongest growth recorded in 2013. Like-for-like sales decreased by 3.7% on last July, when they had increased by 1.4%. Adjusted for deflation measured by the BRC-Nielsen Shop Price Index,…
August 22, 20140Comments

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Business Law Retail Retailer

NACS asks U.S. Supreme Court to hear their appeal of the DC Circuit Court of Appeals ruling that upheld the Federal Reserve’s debit swipe fee rules

WASHINGTON, DC, 2014-8-22 — /EPR Retail News/ —  The National Association of Convenience Stores (NACS), along with several merchant associations and companies, today filed a writ of certiorari with the U.S. Supreme Court asking the Court to hear their appeal of the DC Circuit Court of Appeals ruling that upheld the Federal Reserve’s debit swipe fee rules.…
August 22, 20140Comments

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Automotive Business Marketing Retail

NACS: Consumers’ buying decision on alternative fuels and vehicles driven by economics

ALEXANDRIA, VA, 2014-8-22 — /EPR Retail News/ —  Consumers look at alternative fuels and vehicles the same way that they look at traditional fuels: economics drives the purchasing decision. Consumers say that they consider fuel economy and the cost of the vehicle far more important than any other attribute when purchasing a new vehicle, according the results of…
August 22, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Gap Inc. to enter India through franchise-operated Gap brand stores in 2015

First stores to open in Mumbai and Delhi in 2015 SAN FRANCISCO, 2014-8-22 — /EPR Retail News/ —  Gap Inc. (NYSE: GPS) today announced plans to enter India through franchise-operated Gap brand stores in 2015. Gap is partnering with Arvind Lifestyle Brand Limited, a subsidiary of Arvind Limited, which is one of India’s largest textile companies.  The first…
August 22, 20140Comments

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Business Law Management Retail Retailer

National Grocers Association (NGA) sent letter to USDA requesting extension on FSIS Meat-Grinding Rule

Arlington, VA, 2014-8-21 — /EPR Retail News/ —  Today (Aug. 19, 2014), the National Grocers Association (NGA), along with the American Meat Institute and the North American Meat Association, sent a letter to the U.S. Department of Agriculture (USDA) requesting for an extension of the comment period on the Food Safety and Inspection Service's (FSIS) recently proposed rule requiring…
August 21, 20140Comments

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Business Financial Management Retail Retailer

Target Corporation reported Q2 adjusted earnings per share of $0.78 and GAAP earnings per share of $0.37

Minneapolis, 2014-8-21 — /EPR Retail News/ — Adjusted EPS of $0.78 and GAAP EPS of $0.37, Consistent with August 5 Update Target’s digital sales, including flexible fulfillment, grew more than 30 percent in the second quarter, approximately double the industry growth rate. Second quarter U.S. Segment transactions declined 1.3 percent, an improvement of onepercentage point compared with the first…
August 21, 20140Comments

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Business Financial Management Retail Retailer

Dollar Tree, Inc. reported 9.5% sales increase to $2.03 billion in its results for the second fiscal quarter ended August 2, 2014

Sales increased 9.5% to $2.03 billion Comparable store sales increased 4.5% Diluted EPS, including acquisition-related costs, increased 5.4% to $0.59 Excluding acquisition-related costs, diluted EPS increased 8.9% to $0.61 CHESAPEAKE, Va., 2014-8-21 — /EPR Retail News/ —  Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores selling everything for $1 or less,…
August 21, 20140Comments

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Business E-Commerce Management Retail Retail Services Retail Software Retail Solutions Retailer Technology

Intershop awarded Gold Partner status to SAP e-commerce specialist AGETO Service GmbH

SAP e-commerce specialist AGETO helps customers pave the way for success with its SAP expansion for Intershop 7 Expert partner with lengthy industry experience offers consulting and implementation services for international B2B and B2C omni-channel projects Jena, Germany, 2014-8-21 — /EPR Retail News/ —  Intershop, the leading independent provider of innovative, comprehensive services for omni-channel…
August 21, 20140Comments

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Business E-Commerce Management Online Retailers Online Shopping Retail Retail Software Retail Solutions Retailer Technology

e-commerce industry veteran David Ricketts to lead Intershop’s sales organization in North America

E-Commerce industry veteran to drive growth in strategic region Also adds additional talent in technical pre-sales San Francisco, 2014-8-21 — /EPR Retail News/ —  Intershop, the leading independent technology vendor for omni-channel commerce solutions, today announced that it has appointed e-commerce industry veteran David Ricketts to lead the sales organization in North America. It has…
August 21, 20140Comments

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Automotive Business Management Retail Retailer

CarMax issues statement regarding recalled vehicles

RICHMOND, Virginia, 2014-8-20 — /EPR Retail News/ — CarMax was founded to fundamentally change the way Americans buy used vehicles and is the industry leader in integrity and transparency. As part of our commitment to transparency, we notify all customers prior to purchasing any vehicle from CarMax about the importance of registering their vehicle with the manufacturer…
August 20, 20140Comments

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Automotive Business Human Resources Management Retail Retailer

CarMax, Inc. opens 75 positions for the company’s new store in Reno

Retailer Known for Hiring Outside the Auto Industry Accepting Applications for Third Location in Nevada RICHMOND, Virginia, 2014-8-20 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently hiring approximately 75 positions for the company’s new store in Reno. This is the third CarMax location in Nevada. The new Reno store, which…
August 20, 20140Comments

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Business Grocery Management Retail Retailer

Matahari Food Business opens 31st Foodmart in Plaza Lippo, Kuningan, Jakarta

Jakarta, Indonesia, 2014-8-20 — /EPR Retail News/ — PT. Matahari Putra Prima, Tbk ("MPPA") through its Matahari Food Business (“MFB”) who operates Hypermart, Foodmart and Boston Health & Beauty, opened its 31st Foodmart located in Plaza Lippo, Kuningan, Jakarta. The opening ceremony was attended by the MFB Board of Directors, employees, supplier’s representatives and invited guests. This…
August 20, 20140Comments

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Business Healthcare Management Retail Retailer

Alliance Boots announces the acquisition of full ownership of UniDrug Distribution Group

Nottingham,  2014-8-19 — /EPR Retail News/ —  Alliance Boots today announces it has acquired full ownership of UniDrug Distribution Group (UDG), its pre-wholesale and contract logistics joint venture in the UK, from UDG Healthcare for a consideration of around £66 million for the 50% shareholding it did not already own. The joint venture is already…
August 19, 20140Comments

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Business Management Retail Retailer

Sainsbury’s cuts the price of unleaded petrol and diesel across its 294 forecourts

LONDON, 2014-8-19 — /EPR Retail News/ —  Sainsbury’s has announced that from tomorrow, Tuesday 19th August, it will be cutting the price of unleaded petrol by up to 2 pence per litre and diesel by up to 1 pence per litre across its 294 forecourts. Avishai Moor, Sainsbury’s Head of Fuel, said: “We always aim to offer…
August 19, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 1,102,084 AHOLD COMMON SHARES FOR € 14.16 MILLION BETWEEN AUGUST 11 AND AUGUST 15, 2014

Zaandam, the Netherlands, 2014-8-19 — /EPR Retail News/ — Ahold has repurchased 1,102,084 Ahold common shares in the period from August 11, 2014 up to and including August 15, 2014. The shares were repurchased at an average price of € 12.8446 per share for a total consideration of € 14.16 million. These repurchases were made as…
August 19, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

Morrisons announced 230 stores extend opening hours between 6am and 11pm UK-wide

Bradford, England,  2014-8-18 — /EPR Retail News/ —  New research has established the emergence of a ‘dawn and dusk’ shopper, with one in five consumers now regularly shopping before 9am in the morning and after 8pm at night. Morrisons is responding to the growing trend by introducing an extra 1,600 hours of trading a week –…
August 18, 20140Comments

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Business Financial Management Retail Retailer

The Co-operative Group announced 207 farms will share £4,928,627.46 in premium payments

MANCHESTER, UK, 2014-8-18 — /EPR Retail News/ —  The Co-operative announced today (Saturday, 16 August) an almost £5m shot in the arm for British farmers, who supply its own-brand fresh meat, poultry and milk. The premiums will go to members of The Co-operative’s farming groups which were launched in order to back British farmers and agriculture, and to…
August 18, 20140Comments

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Business Discounts Retail Retailer

Big Lots to celebrate the grand opening of its newest store in Reynoldsburg, Ohio on August 22, 2014

OSU Great Archie Griffin to Sign Autographs at Reynoldsburg Grand Opening Columbus, OH, 2014-8-18 — /EPR Retail News/ —  Big Lots announced today that it will celebrate the grand opening of its newest store at 9 a.m. on August 22, 2014. The 30,055 square foot Reynoldsburg, Ohio, store is located in the Century City Shopping Center at…
August 18, 20140Comments

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Business Food & Beverage Management Retail Retailer

Sacramento Mayor Kevin Johnson and Starbucks hosted nation’s first Solutions City™ event

Grinding coffee beans, a whirring blender, or the hiss of steaming milk are not the sounds you would expect to hear at a mayor’s town hall. Sacramento, CA, 2014-8-15 — /EPR Retail News/ —  Last night (August 13, 2014), however, a Starbucks store on Alhambra Boulevard in Central Sacramento became the setting for a meeting with Mayor…
August 15, 20140Comments

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Business Management Philanthropy Retail Retailer

Walmart, Walmart Foundation and U.S. Conference of Mayors announced the first grant recipients of Walmart U.S. Manufacturing Innovation Fund’s $10 million commitment

Walmart U.S. Manufacturing Innovation Fund will award $10 Million in grants over next five years; Grants latest milestone in Walmart’s unprecedented $250 billion domestic manufacturing commitment DENVER, 2014-8-15 — /EPR Retail News/ —  Walmart, the Walmart Foundation and the U.S. Conference of Mayors (USCM), kicked off a new chapter in the modern American manufacturing story today as…
August 15, 20140Comments

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Automotive Business Retail Retailer

CarMax, Inc. opens its first store in Lynchburg, Virginia located at 507 Simons Run

Company Celebrates with Community Donations RICHMOND, Virginia, 2014-8-15 — /EPR Retail News/ —  CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first store in Lynchburg, Virginia located at 507 Simons Run. The store is more than 8,000-square-feet, occupies more than 5 acres and stocks approximately 120 used vehicles. In celebration of the Lynchburg store…
August 15, 20140Comments

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Business Management Retail Technology

CBRE: High-tech companies helped fuel double-digit rent growth in eight U.S. markets over the past two years

High-tech Companies Account for 20 Percent of Major Leasing Activity in U.S. Thus Far in 2014, Up from 14 Percent in 2013 ​Los Angeles, 2014-8-15 — /EPR Retail News/ —  Robust high-tech employment has played a major role in the recovery of the U.S. office market and has helped fuel double-digit rent growth in eight U.S. markets…
August 15, 20140Comments

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Business Financial Management Retail Retailer

Dollar Tree, Inc. to host conference call for investors and analysts to discuss financial results for the second quarter ended August 2, 2014

CHESAPEAKE, Va., 2014-8-15 — /EPR Retail News/ —  Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores selling everything for $1 or less, will host its conference call for investors and analysts to discuss financial results for the second quarter ended August 2, 2014. WHEN: Thursday, August 21, 2014 9:00 a.m. Eastern Time PARTICIPATE: At least 5…
August 15, 20140Comments

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Business Food & Beverage Grocery Retail Retailer

Big Lots, Inc. unveils new look for its food department with expanded food selections in all of its 1,491 stores across the U.S.

Big Lots Revamps Department Selection with an Eye Toward Value, Consistency and Convenience COLUMBUS, OH, 2014-8-15 — /EPR Retail News/ — Big News! Big Lots, Inc. (NYSE: BIG) announced today that it has rolled out a new look for its food department with expanded food selections in all of its 1,491 stores across the country. The department will…
August 15, 20140Comments

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Business Management Marketing Online Retailers Online Shopping Retail Retailer Technology

Argos stores in Camden High Street and Holloway Road now offer online shopping

Milton Keynes, UK,  2014-8-14 — /EPR Retail News/ —  Local residents in Camden and Holloway can now take advantage of the speed and convenience of online shopping on their local high street, thanks to Argos which has given two of its stores in the area a ‘digital makeover’. Located on Camden High Street and Holloway Road,…
August 14, 20140Comments

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Business Financial Management Retail Retailer

Kesko Group reports €797.1 million sales in July 2014

Kesko Group's sales, excluding VAT, in July 2014 totalled €797.1 million, down 1.5%. Helsinki, Finland,  2014-8-14 — /EPR Retail News/ —  In Kesko's food trade, sales in July were €375.1 million, an increase of 0.7% from the previous year. In the home and speciality goods trade, sales in July were €103.4 million, a decrease of 5.7%. The…
August 14, 20140Comments

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Business Management Retail

NACS: Consumer optimism plummeted in August, even as gas prices fell by more than 15 cents over the past month

​ALEXANDRIA, VA, 2014-8-14 — /EPR Retail News/ — Just as quickly as consumer optimism surged in July, it plummeted in August, even as gas prices fell by more than 15 cents over the past month. Less than 4 in 10 consumers (39%) now say that they are optimistic about the economy, a sharp decline from 46%…
August 14, 20140Comments

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Business Financial Management Retail Retailer

General Growth Properties, Inc. declares third quarter common stock dividend of $0.16 per share payable on October 31, 2014

Chicago, Illinois, 2014-8-14 — /EPR Retail News/ —  General Growth Properties, Inc. (NYSE: GGP, the “Company”) today announced its Board of Directors declared a third quarter common stock dividend of $0.16 per share payable on October 31, 2014, to stockholders of record on October 15, 2014. The dividend represents an increase of $0.03 per share,…
August 14, 20140Comments

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