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National Retail Federation: Warmer spring weather spurred continued consumer spending and activity this March

Continued Optimism Expected with the Arrival of Easter & Tax Refunds WASHINGTON, 2014-4-14 — /EPR Retail News/ — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world's largest retail trade association – March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month…
April 14, 20140Comments

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Business E-Commerce Management Retail Retail Services Retail Solutions

National Retail Federation to launch information-sharing platform for retail industry information security specialists

First Step in Establishment of Retail and Merchant Industry Information Sharing and Analysis Center for Cybersecurity WASHINGTON, 2014-4-14 — /EPR Retail News/ — The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the…
April 14, 20140Comments

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Gap Inc. to host meeting for the investment community on April 16, 2014 at its headquarters in San Francisco

SAN FRANCISCO, 2014-4-14 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that it will host a meeting for the investment community on Wednesday, April 16, 2014 at its headquarters in San Francisco. A live webcast of the presentations will take place from approximately 10:00 a.m. to 2:30 p.m. Pacific Time. The following Gap Inc. executives…
April 14, 20140Comments

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Awards Business Management Retail Retailer

SM Investments Corporation won “2013 Global Chinese Business 1000” award by international affairs magazine Yazhou Zhoukan

Pasay City, Philippines, 2014-4-14 — /EPR Retail News/ — SM Investments Corporation (SM) was cited as a winner of the "2013 Global Chinese Business 1000" by international affairs magazine Yazhou Zhoukan. The Global Chinese Business 1000 Awards assess all listed Chinese corporations around the globe based on their market value and award pioneers with outstanding business operations. Founded in 1987, Yazhou…
April 14, 20140Comments

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Business Financial Malls Management Retail

Vornado Realty Trust plans to spin off its shopping center business into new publicly traded REIT

NEW YORK, 2014-4-14 — /EPR Retail News/ — Vornado Realty Trust plans to spin off its shopping center business consisting of 81 strip centers and four malls into a new publicly traded REIT. The strip centers are primarily located in the densely populated Northeastern U.S. The malls consist of Bergen Town Center, in Paramus, N.J.; Monmouth Mall,…
April 14, 20140Comments

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Business Financial Malls Management Retail Retailer

Kimco Realty acquired remaining 60.9 percent interest in the 12-property Kimco Income Fund I portfolio

Acquisition of 12 properties furthers company’s simplification and transformation goals NEW HYDE PARK, N.Y., 2014-4-11 — /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 acquired the remaining 60.9-percent interest in the 12-property Kimco Income Fund I portfolio…
April 11, 20140Comments

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Gap Inc. reported net sales of $1.51 billion for the five-week period ended April 5, 2014

Company Reaffirms Full-Year Earnings per Share Guidance of $2.90 to $2.95 for Fiscal 2014 SAN FRANCISCO, 2014-4-11 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported net sales of $1.51 billion for the five-week period ended April 5, 2014. Gap Inc.’s comparable sales for March 2014 were down 6 percent versus a 1 percent decrease last…
April 11, 20140Comments

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Business Consumer Goods Financial Food & Beverage Grocery Management Marketing Retail Retailer

New Zealand’s largest retailer Foodstuffs to offer Visa payWave contactless payments

Waiheke, New Zealand, 2014-4-11 — /EPR Retail News/ — New Zealand’s largest retailer, Foodstuffs, intends to make Visa payWave payments available to its members, who collectively operate 3,500 terminals in 700 stores including PAK’nSAVE, New World and Four Square stores. Visa and Foodstuffs have collaborated to offer customers of the cooperative, the option to pay for their shopping…
April 11, 20140Comments

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Business Malls Management Retail Retailer

SM Investments Corporation highlights opportunities in Philippine real estate following its recent merger of property assets under SM Prime Holdings, Inc.

Pasay City, Philippines, 2014-4-11 — /EPR Retail News/ — SM Investments Corporation (SM) (SM) highlighted the opportunities in real estate in the Philippines following its recent merger of property assets under mall developer now property conglomerate SM Prime Holdings, Inc. (SM Prime). In a recent forum by the Fund Managers Association of the Philippines held at the SMX Convention Center in Taguig, SM officials…
April 11, 20140Comments

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Business Consumer Goods Discounts Grocery Management Retail Retailer

Family Dollar Stores, Inc reported $2.7 billion net sales for the second quarter of fiscal 2014 ended March 1, 2014

Comparable Store Sales Decreased 3.8% Earnings Per Diluted Share of $0.80, Including At Least a $0.05 Negative Impact from Winter Weather  Company Conducts In-Depth Business Review and Implements Actions to Improve Financial Performance Including: Investment to Lower Prices, Reduction of Cost Structure, Closing of Approximately 370 Stores and Slowing of New Store Growth  MATTHEWS,…
April 11, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

John Lewis opens 92,000 sq ft shop at Vangarde Shopping Park in York

YORK, 2014-4-10 — /EPR Retail News/ — At 9am this morning, John Lewis York opened its doors to excited customers for the very first time. The 92,000 sq ft shop, located at Vangarde Shopping Park in York, is the retailer's 41st shop and the first John Lewis shop to open this year. The shop opening comes at…
April 10, 20140Comments

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Business Healthcare Management Retail Retailer

Rite Aid acquires retail clinics operator RediClinic

Will Begin to Open New RediClinics in Select Rite Aid Markets as well as Continue to Support RediClinic's Expansion in Texas  CAMP HILL, Pa., 2014-4-10 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) announced today it has acquired Houston-based RediClinic, one of the nation's leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater…
April 10, 20140Comments

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Belk Inc announced operating results for the fiscal year ended February 1, 2014

Total sales increase 2.1 percent, comparable store sales rise 2.9 percent Online sales grow 42.5 percent CHARLOTTE, N.C., 2014-4-10 — /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for the fiscal year ended February 1, 2014. Tim Belk, chairman and chief executive officer…
April 10, 20140Comments

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IKEA aquires Hoopeston Wind in Illinois its first wind farm investment in the United States

98 MW Hoopeston Wind Project Is the Largest Single IKEA Renewable Energy Investment Globally to Date Conshohocken, PA, 2014-4-10 — /EPR Retail News/ — IKEA US announced today that it is making its first wind farm investment in the United States with the purchase of Hoopeston Wind in Hoopeston, Illinois. The 98 megawatt wind farm is…
April 10, 20140Comments

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H&M Conscious Foundation named model Alek Wek as official ambassador

Stockholm, Sweden, 2014-4-10 — /EPR Retail News/ — H&M Conscious Foundation has named Sudanese model Alek Wek as its official ambassador as the Foundation initiates its work for its three prioritized global development issues; education, clean water, and strengthening women. In October 2013, the foundation invited all H&M employees and customers to make a difference. Through a global…
April 10, 20140Comments

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H&M publishes its twelfth Conscious Actions Sustainability Report

Stockholm, Sweden, 2014-4-10 — /EPR Retail News/ — Today, H&M publishes its twelfth Conscious Actions Sustainability Report. Some of the highlights during 2013 are the launch of H&M´s roadmap for fair living wages, the first closed loop collection made with recycled material from collected garments and a doubling of the share of more sustainable cotton in the…
April 10, 20140Comments

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

Wincor Nixdorf becomes GS1 Germany solution provider

Retailers and banks benefit from standardized interfaces that lower costs and enhance security throughout the entire cash cycle Paderborn, Germany, 2014-4-10 — /EPR Retail News/ — How can the overall efficiency of the cash handling process be improved? According to experts, a potential solution lies in a more efficient cash cycle, in which players such as banks, retail…
April 10, 20140Comments

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Business Malls Management Retail Retailer

CBRE Group analysis: U.S. commercial real estate market continued to recover in first quarter of 2014

Los Angeles, 2014-4-10 — /EPR Retail News/ — The U.S. commercial real estate market continued to recover steadily in the first quarter (Q1) of 2014, according to the latest analysis from CBRE Group, Inc. The office vacancy rate declined by 10 basis points (bps) to reach 14.8% in Q1 2014. Although vacancy rate improvements slowed in Q1 2014…
April 10, 20140Comments

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Business Consumer Information Grocery Law Management Retail

The National Grocers Association welcomes Legislative Action on Tax Extender Package

Arlington, VA, 2014-4-9 — /EPR Retail News/ — The National Grocers Association (NGA) released the following statement after the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act was passed by the Senate Finance Committee earlier today: "NGA commends Chairman Wyden and Ranking Member Hatch for working together and passing a responsible tax extenders package. While it is our…
April 9, 20140Comments

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Business Consumer Information Management Marketing Retail Retailer

BRC-NIELSEN SHOP PRICE INDEX MARCH 2014: March recorded deepest level of deflation since the series began in December 2006

LONDON, 2014-4-9 — /EPR Retail News/ — Overall shop prices reported deflation for the eleventh consecutive month in March, accelerating to 1.7% from 1.4% in February. This is the deepest level of deflation since the series began in December 2006. Food inflation slowed to 0.8% from 1.1% in February – the lowest ever recorded. Non-food reported annual deflation of 3.2%…
April 9, 20140Comments

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Business Law Management Marketing Retail

The British Retail Consortium welcomes the Draft Modern Slavery Bill

LONDON, 2014-4-9 — /EPR Retail News/ — The British Retail Consortium today (April 8, 2014) welcomed the publication of the report of a Joint Parliamentary Committee on the Draft Modern Slavery Bill. The retail industry supports the approach outlined in the Draft Bill which is intended to expose the hidden crime of slavery, bring more perpetrators to justice and…
April 9, 20140Comments

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Business Malls Management Retail Retailer

General Growth Properties: Zara to open store at Glendale Galleria in Los Angeles

Chicago, Illinois, 2014-4-9 — /EPR Retail News/ —  General Growth Properties, Inc. (NYSE: GGP) today announced fast-fashion retailer  Zara will open a 35,000-square-foot store at  Glendale Galleria in Los Angeles in 2015. The Spanish fashion retailer, known for its men’s, women’s and children’s clothing and accessories, expertly and quickly interprets current fashion and style trends of the season,…
April 9, 20140Comments

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Business Consumer Information Convenience Stores Management Marketing Retail Retailer

NACS Consumer Fuels Survey: Consumer optimism remains steady in April even as gas prices rise

ALEXANDRIA, VA,  2014-4-9 — /EPR Retail News/ — Consumer optimism remains steady in April, a period in which the ongoing spring transition to summer-blend fuel usually increases gas prices and reduces optimism. While gas prices increased nearly another dime over the past four weeks, 44% of consumers remain optimistic about the economy, the same figure as…
April 9, 20140Comments

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Business Convenience Stores Management Retail Retailer

NACS appoints Jennifer Lipner as director digital content

ALEXANDRIA, VA, 2014-4-9 — /EPR Retail News/ — Jennifer Lipner has joined NACS in the newly created position of director, digital content. Lipner comes to NACS after several years serving in editorial roles at the American Society of Interior Designers (ASID) — most recently, the last ten years as senior managing editor. Prior to her time at…
April 9, 20140Comments

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Awards Business Management Retail Retailer

SM Investments Corporation and its subsidiaries awarded on good corporate governance from Hong Kong publication Corporate Governance Asia

Pasay City, Philippines, 2014-4-9 — /EPR Retail News/ — Leading Philippine conglomerate SM Investments Corporation (SM) and its subsidiaries garnered awards on good corporate governance from Hong Kong publication Corporate Governance Asia (CG Asia). CG Asia is the most authoritative journal on Corporate Governance in the region. Published quarterly, it provides news and analysis on corporate governance issues, boardroom practices and…
April 9, 20140Comments

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Music lifestyle brand SOL REPUBLIC now available at Argos

Milton Keynes, UK, 2014-4-8 — /EPR Retail News/ — Fans of world leading music lifestyle brand, SOL REPUBLIC, can now access the range of premium headphones and wireless speakers at online retailer Argos. Dedicated to enhancing people’s lives through better sounding headphones and speakers and constantly developing its products to look, sound and feel unlike anything else in…
April 8, 20140Comments

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Business Healthcare Management Retail Retailer

Rite Aid appoints David Abelman as senior VP of brand development and innovation

CAMP HILL, PA, 2014-4-8 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that David Abelman, a retail veteran with more than 25 years' experience, is joining Rite Aid as senior vice president of brand development and innovation. His appointment is effective immediately. In this newly created position, Abelman will be responsible for overseeing…
April 8, 20140Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation awarded Specialty Pharmacy accreditation from URAC

CAMP HILL, Pa., 2014-4-8 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) announced today it has been awarded Specialty Pharmacy accreditation from URAC, a Washington, D.C.-based health care accreditation organization that establishes quality standards for the health care industry. "We are very proud to have received full accreditation as a specialty pharmacy provider from URAC," said…
April 8, 20140Comments

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Apparel Business Fashion Management Retail Retailer Shops

H&M opened first store at Melbourne’s GPO, Australia

More than 3000 fans eagerly awaited the moment when H & M, Hennes & Mauritz AB (H&M – one of the world’s largest fashion retailers – opened its doors to the general public for the very first time in Australia at Melbourne’s GPO. Melbourne, Australia, 2014-4-8 — /EPR Retail News/ — The new Melbourne H&M Australia flagship store…
April 8, 20140Comments

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Gartner study: Wincor Nixdorf ranks second for product-related services in Western Europe’s banking sector

Gartner publishes “Market Share: IT Services, 2013” report, March 31, 2014 Paderborn, Germany, 2014-4-8 — /EPR Retail News/ — Wincor Nixdorf has maintained its second-place ranking in hardware support for banking & securities in Western Europe based on revenue. This is the result of the study “Market Share: IT Services, 2013” carried out by the American market research…
April 8, 20140Comments

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