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Financial

Inditex Group’s net sales rose by 10% to €17.96 billion in Q3 2017

The Group continues to develop its integrated offline-online platform, rolling out same-day delivery in six cities and next-day delivery in six markets, including Spain, France, the UK and China. Inditex is deploying automated in-store pick-up points for online orders. Store count reached 7,504 with a footprint in 94 markets, having opened its first…

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Weingarten Realty Investors to release Q4 2017 earnings on Wednesday, February 21, 2018

HOUSTON, 2017-Dec-14 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today that its fourth quarter 2017 earnings will be released after the market closes on Wednesday, February 21, 2018. Senior Management will host our quarterly earnings conference call on Thursday, February 22, 2018 at 10:00 a.m. Central Time. Event: Weingarten Realty’s Fourth Quarter 2017 Earnings…

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Kroger partners with Chase Pay to offer mobile payments for online and in-lane purchases

Redesigning grocery payment experience enables seamless transactions while delivering cost savings for the future CINCINNATI, 2017-Dec-13 — /EPR Retail News/ — The Kroger Co. is teaming up with Chase Pay—the digital engagement wallet from JPMorgan Chase & Co.— to offer mobile payments starting with select retail markets and e-commerce programs in 2018. Kroger's payment solutions are a part of the company's Restock…

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Citycon announces equity repayment of EUR 0.0325 per share

Helsinki, 2017-Dec-13 — /EPR Retail News/ — The Board of Directors of Citycon Oyj has today (12 December 2017) decided, on the basis of the authorisation by the Annual General Meeting 2017, that an equity repayment of EUR 0.0325 per share be distributed from the invested unrestricted equity fund of the company. The equity repayment…

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IKEA Group allocates $113 million into the retirement funds of 123,000 co-workers

Conshohocken, 2017-Dec-13 — /EPR Retail News/ — IKEA Group co-workers around the globe will receive a special thanks from the company as part of the IKEA Tack! retirement fund. IKEA recently announced that Tack!, which means ‘thank you’ in Swedish, will allocate $113 million* total into the retirement funds of 123,000 IKEA co-workers throughout its…

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AHOLD DELHAIZE SHARE BUYBACK UPDATE: 831,088 COMMON SHARES REPURCHASED IN THE PERIOD FROM December 4, 2017 UP TO AND INCLUDING DECEMBER 8, 2017

Zaandam, the Netherlands, 2017-Dec-13 — /EPR Retail News/ — Ahold Delhaize has repurchased 831,088 of Ahold Delhaize common shares in the period from December 4, 2017 up to and including December 8, 2017. The shares were repurchased at an average price of €18.55 per share for a total consideration of €15.4 million. These repurchases were made…

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Weingarten Realty Investor declares special cash dividend of $0.75 per common share

HOUSTON, 2017-Dec-13 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today (12/11/2017) that its Board of Trust Managers declared a special cash dividend of $0.75 per common share payable on December 29, 2017 to shareholders of record on December 26, 2017. The Company estimates the special dividend will consist primarily of gains on dispositions…

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LightInTheBox Holding Co., Ltd. to host 3Q 2017 financial results conference call on Wednesday, December 13, 2017

BEIJING, 2017-Dec-12 — /EPR Retail News/ — LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today (Dec. 11, 2017 ) announced that it will release its unaudited financial results for the third quarter ended September 30, 2017 before the open of U.S.…

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Wendy’s High School Heisman® Scholarship recipients announced

Wendy's High School Heisman® Scholarship recipients announced   NEW YORK, 2017-Dec-12 — /EPR Retail News/ — The most prestigious award in high school athletics has named Soleil Gaylord, a Mountain Runner from Colorado, and Jackson Destine, a Wrestler from Florida, as National Winners of Wendy's® High School Heisman® Scholarship. Chosen from high school seniors at more than 30,000 schools around the country,…

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CarMax to host Q3 2017 financial results conference call on December 21, 2017

RICHMOND, Va., 2017-Dec-11 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) today announced that it will report its financial results for the third quarter ended November 30, 2017, before the market opens on December 21, 2017. CarMax will host a conference call at 9:00 a.m. ET that morning to discuss these results. The conference call can be accessed live over the phone by dialing…

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Ingles Markets, Incorporated Reports Sales and Net Income for Fourth Quarter and Fiscal Year 2017

Company Reports Sales and Net Income for Fourth Quarter and Fiscal Year 2017 ASHEVILLE, N.C., 2017-Dec-11 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported total sales of $4.00 billion for fiscal year 2017 compared with $3.79 billion in fiscal year 2016. For the fiscal years ended September 2017 and 2016, net income totaled…

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Majid Al Futtaim and Kempinski Hotel Mall of the Emirates to host ‘Annual Stollen Charity Cake Sale’ on Friday 8 December

Majid Al Futtaim and Kempinski Hotel Mall of the Emirates to host ‘Annual Stollen Charity Cake Sale’ on Friday 8 December   Mall of the Emirates and Kempinski Hotel Mall of the Emirates ring in the festive season with the UAE’s largest charity cake sale  Dubai, United Arab Emirates, 2017-Dec-08 — /EPR Retail News/ — Majid Al Futtaim -…

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RUSSIA: Lenta launches its ‘Christmas Tree of Wishes’ charity event to help make New Year’s wishes of children in foster care come true

Saint Petersburg, Russia, 2017-Dec-08 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, launches its ‘Christmas Tree of Wishes’ charity event to help children in institutional foster care make their New Year’s wishes come true. Lenta customers will have the opportunity to act as Santa Claus, helping make the…

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Macy’s declares Friday, Dec. 8 as National Believe Day; doubles its donation to Make-A-Wish and Wishes Across America

Macy’s declares Friday, Dec. 8 as National Believe Day; doubles its donation to Make-A-Wish and Wishes Across America   NEW YORK, 2017-Dec-07 — /EPR Retail News/ — As part of its 10th annual Believe campaign, Macy’s has declared this Friday, Dec. 8, National Believe Day – a day focused on spreading the beloved holiday program’s message of generosity and hope.…

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Macerich and Life Time® to build a Athletic healthy lifestyle, wellness and entertainment resort destination at Biltmore Fashion Park in Phoenix

Macerich and Life Time® to build a Athletic healthy lifestyle, wellness and entertainment resort destination at Biltmore Fashion Park in Phoenix   SANTA MONICA, Calif., 2017-Dec-07 — /EPR Retail News/ — Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of retail properties in top markets, and Life Time®, the nation's only Healthy Way of Life brand, today…

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Taubman Centers declares a regular quarterly dividend of $0.625 per share of common stock

BLOOMFIELD HILLS, Mich., 2017-Dec-06 — /EPR Retail News/ — The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today (12/04/2017) declared a regular quarterly dividend of $0.625 per share of common stock. The common dividend is payable Dec. 29, 2017, to shareholders of record on Dec. 15, 2017. The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative…

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Shop Your Way teams up with Major League Baseball player René Rivera to host toy drive and support ongoing relief efforts in Puerto Rico

Sears and Kmart membership platform and e-commerce marketplace teams with Major League Baseball player to host toy drive and support ongoing relief efforts HOFFMAN ESTATES, Ill., 2017-Dec-05 — /EPR Retail News/ — As rebuilding efforts continue in the wake of Hurricane Maria, Shop Your Way is bringing the magic of the holidays to the island with the…

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AHOLD DELHAIZE SHARE BUYBACK UPDATE: 421,574 COMMON SHARES REPURCHASED IN THE PERIOD FROM NOVEMBER 27, 2017 UP TO AND INCLUDING December 1, 2017

Zaandam, the Netherlands, 2017-Dec-05 — /EPR Retail News/ — Ahold Delhaize has repurchased 421,574 of Ahold Delhaize common shares in the period from November 27, 2017 up to and including December 1, 2017. The shares were repurchased at an average price of €17.08 per share for a total consideration of €7.2 million. These repurchases were made…

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Kimco Realty to host Q4 2017 earnings conference call on Thursday, February 15

NEW HYDE PARK, New York, 2017-Dec-04 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) will announce its fourth quarter 2017 earnings on Thursday, February 15, 2018 before market opens. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Thursday, February 15, 2018…

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RioCan Real Estate Investment Trust to increase its monthly distribution starting with January 2018

TORONTO, 2017-Dec-04 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) today ( Dec. 01, 2017) is pleased to announce that it will increase its monthly distribution to unit holders to 12 cents per unit commencing with the January 2018 distribution, payable in February 2018. On an annualized basis, this will increase RioCan's annualized distribution by 3 cents to $1.44 per unit, or…

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Sheetz For The Kidz™ and The Salvation Army to Provide Holiday Gifts to over 9,300 kids

ALTOONA, Pa., 2017-Dec-04 — /EPR Retail News/ — For the past 25 years, Sheetz For The Kidz has partnered with The Salvation Army to host Christmas parties and make the holiday season brighter for more than 100,000 underprivileged kids across the Mid-Atlantic. Sheetz For The Kidz is a 501 (c)(3) employee operated charitable organization that raises funds through in-store…

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First Data Corporation successfully completes the acquisition of BluePay Holdings, Inc.

NEW YORK, 2017-Dec-04 — /EPR Retail News/ — First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today (DECEMBER 1, 2017) announced the successful completion of its acquisition of BluePay Holdings, Inc. from BluePay’s current owners including TA Associates and BluePay management. BluePay is a provider of technology-enabled payment processing for merchants in the…

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The Michaels Companies 3Q 2017 financial results: Total net sales increased 1.1

Comparable store sales increased 1.0%, including the negative impact of approximately 80 basis points related to lost sales from hurricanes Operating income of $153.9 million Diluted EPS of $0.44, including the negative impact of approximately $0.01 related to hurricanes IRVING, Texas, 2017-Dec-04 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ: MIK) today (2017-11-30) announced financial results for…

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The National Retail Federation applauds Senate passage of landmark tax reform legislation

WASHINGTON, 2017-Dec-04 — /EPR Retail News/ —The National Retail Federation welcomed Senate passage early today (December 2, 2017) of landmark tax reform legislation, saying congressional action on the pro-growth plan is helping boost consumer confidence and that savings from reform could be enough to pay for many families’ holiday shopping. “This vote couldn’t come at a better time,”…

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CVS Health to acquire Aetna for $77 billion

Combines CVS Health’s Unmatched Local Presence and Clinical Capabilities with Aetna’s Leading Health Care Benefits and Services Provides Greater Integration of Care, Empowering Consumers and their Health Professionals to Make More Informed Decisions Transaction Expected to Generate Significant Synergies for Shareholders and Benefits for Customers WOONSOCKET, R.I. and HARTFORD, Conn., 2017-Dec-04 — /EPR Retail News/…

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PetSmart to release Q3 2017 results on Monday, December 11, 2017

PHOENIX, AZ, 2017-Dec-01 — /EPR Retail News/ — PetSmart, Inc. (the “Company”) plans to make its third quarter fiscal 2017 results available on the Company’s secure website on Monday, December 11, 2017. The Company will also hold an investor conference call to review its results for the third quarter fiscal 2017 on Tuesday, December 12,…

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Bon-Ton Stores president and CEO Bill Tracy: We are very pleased with our November sales results and our strong start to the holiday season

MILWAUKEE, 2017-Nov-30 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (OTCQX:BONT), today announced that comparable store sales for the four weeks ended November 25, 2017 increased 3.1%. Total sales increased 1.9% to $280.6 million in the current year compared with $275.3 million in the prior year period. "We are very pleased with our November sales results and our strong start to the…

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Calvin Klein, Inc. announces global partnership with The Andy Warhol Foundation for the Visual Arts

NEW YORK, 2017-Nov-29 — /EPR Retail News/ — Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. (NYSE:PVH), today (Nov. 28, 2017) announced a multi-year partnership with The Andy Warhol Foundation for the Visual Arts, Inc. Calvin Klein, Inc.’s financial commitment will support the foundation’s endowment from which it distributes grants sustaining the creation, presentation and documentation of contemporary…

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Visa releases travel and spend data timed with the Final Draw for the 2018 FIFA World Cup Russia™

Visa, the Official Payment Service Partner of FIFA, releases travel and spend data timed with the Final Draw for the 2018 FIFA World Cup Russia™ SAN FRANCISCO, 2017-Nov-29 — /EPR Retail News/ — In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending…

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