Zaandam, the Netherlands, 2014-5-6 — /EPR Retail News/ — Ahold has repurchased 1,960,000 Ahold common shares in the period from April 28, 2014 up to and including May 2, 2014.
The shares were repurchased at an average price of € 13.7705 per share for a total consideration of € 26.99 million. These repurchases were made as…
Business
Arlington , VA, 2014-5-6 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) will highlight the essential role that imports play in the American economy during the third annual “Imports Work” week, scheduled from May 5-9, 2014. May has long been recognized as World Trade Month, with many groups taking the opportunity to underscore the…
ALEXANDRIA, VA, 2014-5-6 — /EPR Retail News/ — Reed Armstrong has joined NACS as products & services manager. Armstrong comes to NACS after several years as an advisor at Cresa, a corporate real estate firm. Earlier in his career, Armstrong also served as a marketing associate, research & insights consulting, at The Advisory Board Company.Armstrong earned…
Pasay City, Philippines, 2014-5-6 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported consolidated net income increase of 11% to Php4.58 billion for the first three months of 2014 from Php4.11 billion in the same period last year. Consolidated revenues, rose…
New Schedule, New Hours, New Floor Plan
NEW YORK, 2014-5-5 — /EPR Retail News/ — RECon, the global retail real estate convention, hosted by the International Council of Shopping Centers (ICSC), will provide networking, deal making, and educational opportunities for shopping center professionals from across the globe. The convention runs from May 18-20, 2014 and takes…
COLUMBUS, Ohio, 2014-5-5 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the April sales report with Amie Preston, Chief Investor Relations Officer for L Brands (NYSE: LB). The broadcast will be available on the Internet on Thursday, May 8, at 7:30…
WAYNE, NJ, 2014-5-5 — /EPR Retail News/ — Toys“R”Us, Inc. is pleased to announce that its fourth quarter 2013 Lenders and Note Investors Conference Call to discuss the financial results of Toys“R”Us, Inc., Toys“R”Us – Delaware, Inc., and Toys“R”Us Property Company II, LLC has been scheduled for 10:00 a.m. ET on Wednesday, May 7, 2014. Participation…
CAMP HILL, PA, 2014-5-5 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Matt Lynch, an information technology executive with nearly 30 years' experience, is joining Rite Aid as senior vice president and chief information officer.
In this position, Lynch will be responsible for all aspects of the company's technology and information operations,…
MINNEAPOLIS, 2014-5-5 — /EPR Retail News/ — Target’s board of directors issued the following statement today:
“Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target. Effective immediately, Gregg will step down from his positions as Chairman of the Target board of directors,…
ASHEVILLE, N.C., 2014-5-5 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three and six months ended March 29, 2014 as compared with the three and six months ended March 30, 2013. Second quarter net sales rose $27.1 million to $947.8 million and net income increased 29.2% to…
Paderborn, Germany, 2014-5-5 — /EPR Retail News/ — Wincor Nixdorf AG completed the first six months of fiscal 2013/2014 with a decline in net sales and growth in operating profit. Net sales fell by 3% to €1,230 million (previous year: €1,266 million). Operating profit (EBITA) rose by 3% to €68 million (€66 million). The EBITA…
Chicago, IL, 2014-5-5 — /EPR Retail News/ — More than 400 professionals from around the world will come together in Chicago next week for CBRE Group Inc.’s (CBRE) 14th annual Women’s Networking Forum. The 2014 conference, “Dare to be Extraordinary,” is expected to be the largest in the CBRE Women’s Network’s history and will feature presentations…
BRUSSELS, Belgium, 2014-5-2 — /EPR Retail News/ — Delhaize Group will announce its first quarter 2014 results (ended March 31, 2014) on Wednesday May 7, 2014 at 7:00 a.m. CET. The press release will be available on Delhaize Group's website (www.delhaizegroup.com) immediately after its publication.
The Delhaize Group management team will discuss the first quarter 2014…
Zaandam, the Netherlands, 2014-5-2 — /EPR Retail News/ — Albert Heijn will invest in an automated distribution center for non-perishables. By creating more capacity in the same space, Albert Heijn can better accommodate the future demands of customers and supply its stores more efficiently.
The quality of life at work will also improve for employees in the…
Keynote by Former U.S. Secretary of Homeland Security Michael Chertoff
WASHINGTON, 2014-5-2 — /EPR Retail News/ — The National Retail Federation will kick off its annual Loss Prevention Conference and Expo in Fort Lauderdale this June and will welcome Chairman of the Chertoff Group and former Secretary of the U.S. Department of Homeland Security, Michael Chertoff, for the opening keynote address.…
WASHINGTON, 2014-5-2 — /EPR Retail News/ — The National Retail Federation issued the statements below from President and CEO Matthew Shay and Chief Economist Jack Kleinhenz in response to the April jobs report released today. NRF calculated that retail employment increased 28,000 in April from March and 241,000 year-over-year. March's retail employment was revised upward…
Company significantly expands in the Boston metropolitan market
NEW HYDE PARK, N.Y., 2014-5-1 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today announced that it has completed the purchase of a 24-property retail portfolio in New England for $270 million, including…
Healthcare, Chain Restaurant Menu Labeling, Data Security, and Tax Reform Top Industry Agenda
WASHINGTON, D.C., 2014-5-1 — /EPR Retail News/ — Over 200 grocery retailers, wholesalers, and food industry state association executives from across the nation convened in Washington, DC today for the annual "Day in Washington" Supermarket Industry fly-in. Members of the National Grocers Association (NGA),…
Arlington, VA, 2014-5-1 — /EPR Retail News/ — Brandon Scholz, President and CEO of the Wisconsin Grocers Association (WGA) was presented the National Grocers Association (NGA) Association Leadership Award for his dedication and contributions to the independent supermarket industry.
Throughout his career, Scholz has been a steadfast industry leader, steering many successful state and federal legislative efforts…
NYC and LA Events Benefit Women's Cancer Research, Counseling and Outreach Programs
Winning Nail Enamels from Revlon's "Your Story, Your Shade" Contest Available Exclusively at Rite Aid
CAMP HILL, Pa., 2014-5-1 — /EPR Retail News/ — For the second straight year, Rite Aid will proudly serve as a platinum sponsor of the Entertainment Industry Foundation's Revlon…
CAMP HILL, Pa., 2014-5-1 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for April.
Monthly Sales
For the four weeks ended April 26, 2014, same store sales increased 5.0 percent over the prior-year period. April front-end same store sales increased 4.7 percent, with 4.6 percent of the increase attributable to a shift in…
190,000-square-foot store features fresh fruit delivered daily, a free prescription program and pharmacy services designed to promote family health
GRAND RAPIDS, Mich., 2014-5-1 — /EPR Retail News/ — Meijer opened a supercenter today in South Haven, Mich., marking its first of nine new stores the retailer will open this year in the Midwest, Co-Chairman Doug Meijer announced.…
Two locations now open at the Brossard and Sainte-Dorothée Target store locations
MONTREAL, QC, 2014-5-1 — /EPR Retail News/ — Target announced today that two Brunet Target affiliated pharmacies are now open at the Brossard and Sainte-Dorothée Target store locations. As previously announced, a total of 18 pharmacies operated by pharmacist-owners affiliated with Brunet will open…
Bradford, England, 2014-5-1 — /EPR Retail News/ — Morrisons announces today that it is going to be permanently cheaper with price reductions on 1,200 everyday essentials, reinforcing its credentials as a fresh-led value grocer.
Today’s cuts, which average 17%, will span both own-brand and popular branded products which together make up most of families’ weekly shopping…
In a highly competitive environment in Poland and in Portugal
CONSOLIDATED SALES GROWTH 5.6% (AT CONSTANT EXCHANGE RATES)
First quarter highlights for the Group
Consolidated Sales growth 5.6% (at constant exchange rates) and reached 2,912 million euros
Operational Cash Flow (EBITDA) of 158 million euros
Investment of 109 million euros, with 87% channelled to Biedronka
Profit is 62…
SASCO to release cash dividends for the financial year 2013 with lump sum of 33,750,000 Saudi Riyals
Malaz, Riyadh, 2014-4-30 — /EPR Retail News/ — Reference to SASCO Ordinary General Assembly Meeting (thirty one) held at 4:00 pm of Tuesday April 29th 2014 at SASCO Head office (Al-Ehsa Street Malaz – Riyadh) which was decided to release cash dividends for the financial year 2013 with a lump sum of 33,750,000 Saudi Riyals equivalent to 7.5% of…
Leading CEOs pledge to increase sustainable food production, launch recycling fund
BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ — Walmart today joined forces with CEOs from more than a dozen global companies to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand…
Site brings quick and easy access to the auto insurance shopping experience by allowing customers to compare and buy real policies all in one place
BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ — Attention drivers! Online comparison shopping for auto insurance just got much easier. To help answer the question, “How do I know I’m getting a…
LONDON, 2014-4-30 — /EPR Retail News/ — Sainsbury’s today announces a number of internal moves and promotions to its management team, taking effect from 11 May.
Roger Burnley, currently MD of General Merchandise, Clothing and Logistics, becomesRetail and Operations Director leading a newly combined team of Supermarkets, Convenience and Logistics
Helen Buck, currently Retail Director, becomes Business Development Directorresponsible…
Stockholm, Sweden, 2014-4-30 — /EPR Retail News/ — On Tuesday 29 April H & M Hennes & Mauritz AB held its Annual General Meeting under the chairmanship of lawyer Sven Unger. The AGM approved the dividend of SEK 9.50 per share in accordance with the Board of Directors’ proposal. The record day is 5 May…