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Philippines: SM Investments Corporation (SM) announced the issuance of up to P15 Billion Fixed Rate Peso Retail Bonds

Manila, Philippines, 2014-2-17 — /EPR Retail News/ — SM Investments Corporation (SM) announced today that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds worth Php10 Billion with an option for oversubscription for another Php5 Billion. The bonds will be offered in one or two tranches with tenors of 7 and/or 10 years. SM…
February 17, 20140Comments

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Apparel Business Fashion Financial Retail Retailer

H&M Group reports its January sales increased by 15 percent vs. the same month last year

Stockholm, Sweden, 2014-2-17 — /EPR Retail News/ — In January, the H&M Group total sales including VAT increased by 15 percent in local currencies compared to the same month last year. The total number of stores amounted to 3,184 on 31 January 2014 versus 2,808 on 31 January 2013. Percentage sales development for the month of February and…
February 17, 20140Comments

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Business E-Commerce Online Retailers Online Shopping Retail Retail Services Retail Software Retailer Technology

Wincor Nixdorf presents its new tablet-based BEETLE mobile POS solution at EuroShop

Paderborn, Germany, 2014-2-17 — /EPR Retail News/ — Wincor Nixdorf is presenting its new tablet-based BEETLE mobile POS solution at EuroShop. The solution is designed to meet the requirements of international retail companies that wish to offer their customers a more attractive shopping experience with mobile POS functionalities. In addition, Wincor Nixdorf will present its new B2B…
February 17, 20140Comments

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Business E-Commerce Online Retailers Online Shopping Retail Retail Services Retail Software Retailer Technology

Wincor Nixdorf prepares the next release of its store software TP.net for May 2014

Paderborn, Germany, 2014-2-17 — /EPR Retail News/ — Modern retail software needs to integrate the online and offline worlds and meet all the requirements of functionality, architecture and international orientation in multi-channel sales. This is because, for example, today's consumers gather information online but make their purchases in stores – or vice versa. And in the process,…
February 17, 20140Comments

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Business Management Retail Retail Solutions

The University of Leeds and Marks & Spencer work on new research to drive opportunities for economic growth and expansion in retail

Leeds, UK, 2014-2-17 — /EPR Retail News/ — The University of Leeds is working with Marks & Spencer on new research into innovation in international business models, which aims to drive opportunities for economic growth and expansion in retail. Using a £200,000 grant from the Economic and Social Research Council, experts from Leeds University Business School (LUBS)…
February 17, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Federated Co-operatives Limited to purchase 14 food stores from Sobeys Inc

Saskatoon, SK‎, 2014-2-14 — /EPR Retail News/ — Federated Co-operatives Limited (FCL), on behalf of the Co-operative Retailing System (CRS), has agreed to purchase 14 food stores, including 4 co-located gas bars, from Sobeys Inc. FCL has agreed to purchase stores in Edmonton (4), Winnipeg (4), and one each in Regina, Saskatoon, Taber, Leduc, Wetaskiwin and…
February 14, 20140Comments

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Business Consumer Goods Food & Beverage Management Retail Retailer Shops

The Overwaitea Food Group to purchase 15 stores in British Columbia and Alberta from Sobeys Inc

15 Grocery Stores across BC and Alberta to be purchased Vancouver, BC, 2014-2-14 — /EPR Retail News/ — The Overwaitea Food Group (OFG) is pleased to announce the purchase of 15 store locations in British Columbia and Alberta from Sobeys Inc. As part of Sobeys’ acquisition of Canada Safeway, Canada’s Competition Bureau required divestiture of a number of their locations. Overwaitea…
February 14, 20140Comments

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Business Consumer Goods Food & Beverage Grocery Management Marketing Retail Retailer

The Overwaitea Food Group to convert 11 of its PriceSmart Foods stores to the Save-On-Foods banner

Ambitious Conversion Plan will see all stores converted in just a week Vancouver, BC, 2014-2-14 — /EPR Retail News/ — The Overwaitea Food Group (OFG) is pleased to announce that it has set plans in motion to convert 11 of its PriceSmart Foods stores to the Save-On-Foods banner by next Friday, February 14. “With the overwhelming support of team members in…
February 14, 20140Comments

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Business Financial Malls Management Retail Retailer

ICSC: Strong demand from retailers helped landlords boost income at their properties in fourth quarter

NEW YORK, 2014-2-14 — /EPR Retail News/ — Strong demand from retailers helped landlords boost income at their properties during the fourth quarter. At DDR Corp., leasing spreads grew by 13.9 percent year on year for new leases and by 7.9 percent on renewals, driving same-center net operating income up 3.1 percent. “We expect operating metrics…
February 14, 20140Comments

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The Defense Commissary Agency: Yolanda Bowden named shopper insights chief; Willie Watkins selected chief of e-commerce

FORT LEE, Va., 2014-2-14 — /EPR Retail News/ — Yolanda Bowden has been selected chief of the shopper insights division for the Defense Commissary Agency, and Willie Watkins has been selected chief of e-commerce. Bowden's selection is effective Jan. 25 and Watkins' selection, Dec. 15, 2013. Both the shopper insights and e-commerce divisions were created after an…
February 14, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer Shops

Sobeys Inc to sell 30 stores in Canada as part of its divestment program related to the purchase of Canada Safeway

STELLARTON, NS, 2014-2-14 — /EPR Retail News/ — Sobeys Inc. today announced that binding purchase and sale agreements have been entered into with Overwaitea Food Group (“Overwaitea”) and Federated Co-operatives Limited on behalf of the Co-operative Retailing System (“Co-op”), that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its October,…
February 14, 20140Comments

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Business Grocery Management Marketing Retail Retailer

The National Grocers Association announced its Creative Choice Awards “Best of Show” winners

LAS VEGAS, NV, 2014-2-13 — /EPR Retail News/ — The National Grocers Association (NGA) announced its Creative Choice Awards "Best of Show" winners in the Marketing and Merchandising categories at a special reception, held during the 2014 NGA Show.  The "Best of Show" title is the highest award of the Creative Choice Awards contest. The Best of Show in…
February 13, 20140Comments

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Business Convenience Stores Marketing Retail Retailer

NACS Consumer Fuels Survey: Consumer optimism about the economy continues to inch upward after bottoming out in October 2013

ALEXANDRIA, VA, 2014-2-13 — /EPR Retail News/ — Consumer optimism about the economy continues to inch upward after bottoming out in October 2013, according the latest monthly NACS Consumer Fuels Survey that examines how gas prices affect consumer sentiment. While the percentage of consumers who say that they are optimistic about the economy remains unchanged from last…
February 13, 20140Comments

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Business Financial Management Retail Retailer

National Retail Federation: January 2014 retail sales flat due in part to severe winter weather

WASHINGTON, DC, 2014-2-13 — /EPR Retail News/ — Consumers leveled off post-holiday shopping and spending in the beginning of the year due in part to severe winter weather in much of the country. According to the National Retail Federation – the world's largest retail trade association – January retail sales, excluding automobiles, gas stations and restaurants, were flat…
February 13, 20140Comments

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Business E-Commerce Financial Online Retailers Online Shopping Retail

Leading trade associations form cybersecurity partnership

Arlington , VA, 2014-2-13 — /EPR Retail News/ —  Today leading trade associations representing the merchant and financial services industries announced a new cybersecurity partnership. The partnership will focus on exploring paths to increased information sharing, better card security technology, and maintaining the trust of customers. Discussion regarding the partnership was initiated by the Retail Industry…
February 13, 20140Comments

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Awards Business Consumer Goods Discounts Grocery Management Retail Retailer

Nation’s leading low-price grocer ALDI won two nationally recognized awards

ALDI Offers Award-Winning Options at Unbeatable Prices Batavia, IL, 2014-2-13 — /EPR Retail News/ — ALDI, the nation's leading low-price grocer, announced the win of two nationally recognized awards: Private Label => Store Brands 2014 Retailer of the Year and 2014 Product of the Year in the Kid’s Snacks category for SimplyNature Squeezable Fruit Blends. 2014 Retailer of the Year ALDI has…
February 13, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Edward Record to succeed Ken Hannah as CFO at J. C. Penney Company, Inc.

Plano, TX, 2014-2-13 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced that Ed Record has been named executive vice president and chief financial officer, effective March 24, 2014. He will succeed Ken Hannah, who will remain chief financial officer through that date to ensure a smooth transition. As chief financial officer,…
February 13, 20140Comments

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Business Entertainment Malls Management Marketing Retail Retailer

SM Mall of Asia: 5th Pyromusical Competition kicks off on Saturday, February 15, 2014

Pasay City, Philippines, 2014-2-13 — /EPR Retail News/ — An amazing display of fireworks and music will kick off on February 15, 2014, Saturday, 7:00 PM at the Seaside Boulevard of the SM Mall of Asia (MOA). The Festival will run for six consecutive Saturdays until March 22. A phenomenal showdown of lights and sounds from 10…
February 13, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

S Group’s 2013 retail sales up by more than one per cent to more than €11.3 billion

S Group's result for 2013 increased by 6.7% from 2012 and stood at €226 million. Despite the generally poor economic situation, S Group's retail sales went up by more than one per cent to more than €11.3 billion in 2013. Helsinki, Finland, 2014-2-13 — /EPR Retail News/ — In 2013, S Group's total profit before extraordinary items and…
February 13, 20140Comments

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Business Consumer Goods Grocery Human Resources Management Retail Retailer

Sainsbury’s started major recruitment campaign in London for its convenience stores

LONDON, 2014-2-13 — /EPR Retail News/ — Sainsbury’s has started a major recruitment campaign in London to find 500 Team Leaders and 200 Managers for its convenience stores. The drive will bring in fresh talent to power the growth of Sainsbury’s Local convenience stores, with 60 new stores due to open in in London and the South East…
February 13, 20140Comments

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Business Consumer Goods Grocery Marketing Retail Retailer

Tesco: whopping 85 per cent of all Valentine’s Day bouquets are bought on the day itself

Cheshunt, England, 2014-2-13 — /EPR Retail News/ — It’s the news that will shame many British men.  A whopping 85 per cent of all Valentine’s Day bouquets are bought on the day itself. And nearly three quarters of all boxes of Valentine’s Day chocolates are sold on February 14 –with a third being bought after working hours, suggesting…
February 13, 20140Comments

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

Netherland’s department store chain de Bijenkorf implemented Intershop’s commerce platform to power its web shop

Jena, Germany, 2014-2-12 — /EPR Retail News/ — Netherland's premium department store chain, de Bijenkorf, has implemented Intershop's commerce platform to power its web shop, deBijenkorf.nl. The Intershop 7 solution replaces an existing e-commerce engine and was selected for its scalability, robustness and future-proof architecture. The de Bijenkorf web shop is designed to be an online flagship.…
February 12, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

METRO AG presents to shareholders the company’s progress made with its transformation process

Sales and EBIT guidance achieved in the short financial year 2013 Growth driving online and delivery sales increased Solid start to the new business year 2013/14 despite tough market conditions Supervisory Board elections: Fredy Raas nominated as a member of the Supervisory Board representing the shareholders Future Management Board remuneration to include Sustainability component Düsseldorf,…
February 12, 20140Comments

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Meijer announced major initiative to upgrade its apparel offerings

Best known for grocery, retailer recharges one-stop shopping experience with stylish mix and match apparel for the whole family GRAND RAPIDS, MI, 2014-2-12 — /EPR Retail News/ — Meijer is best known for the freshness it offers in the grocery aisles, but more and more Meijer customers are now also looking across the center aisle for bright colors,…
February 12, 20140Comments

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Business Consumer Goods Food & Beverage Grocery Management Retail Retailer

Wegmans Food Markets to celebrate grand opening of its 2nd location in Massachusetts on Sunday, April 27, 2014

NEWTON, MA, 2014-2-12 — /EPR Retail News/ — Wegmans Food Markets today announced it will celebrate the grand opening of its second location in Massachusetts on Sunday, April 27, 2014. In advance of the grand opening, the second-level 10,500 square-foot wine, beer and spirits shop will open to the public on Saturday, March 29. Additional details on the grand…
February 12, 20140Comments

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Business Law Retail Retailer

NRF’s Neil Trautwein comments on the Administration’s announcement on the Affordable Care Act

WASHINGTON, DC, 2014-2-11 — /EPR Retail News/ — The National Retail Federation today issued the following statement from Vice President and Employee Benefits Policy Counsel Neil Trautwein on the Administration’s announcement on the Affordable Care Act: “The Administration should receive a gold medal for recognizing the enormous complexities of the Affordable Care Act, and its agility and flexibility in working with retailers and others…
February 11, 20140Comments

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Business Retail Retailer

NRF, Hackett Associates: Retail Imports at the nation’s major retail container ports expected to drop 8.4 percent in February

WASHINGTON, DC, 2014-2-11 — /EPR Retail News/ — Import volume at the nation’s major retail container ports is expected to drop 8.4 percent in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released today by the National Retail…
February 11, 20140Comments

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Business Retail Retailer

BRC-KPMG: UK retail sales in January 2013 represent the strongest growth since March 2010

London, UK, 2014-2-11 — /EPR Retail News/ — UK retail sales were up 3.9% on a like-for-like basis from January 2013, when they had increased 1.9% on the preceding year. On a total basis, sales were up 5.4%, against a 3.0% increase in January 2013, the strongest growth since March 2010. The 3-month average total growth was…
February 11, 20140Comments

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Business Retail Retailer

BRC-KPMG: Online sales of non-food products in UK grew 19.2% in January vs. year earlier

Online sales of non-food products in the UK grew 19.2% in January versus a year earlier. In January 2013, they had increased by 13.5% over the previous year.  London, UK, 2014-2-11 — /EPR Retail News/ — In January, online sales represented 17.4% of total non-food sales of our Monitor, against 16.3% in January 2013. January online growth was the…
February 11, 20140Comments

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