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Maxima Bulgaria acquires 12 stores from the German retail chain Penny Market

Vilnius, Lithuania, 2016-Aug-02 — /EPR Retail News/ — Maxima Bulgaria, one of the companies of Maxima Grupė, acquired 12 stores, which previously belonged to the German retail chain Penny Market. This year they will become a part of T Market chain. After the transaction, the company’s chain in Bulgaria will increase from 48 to 60 stores.…
August 2, 20160Comments

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The Macerich Company announces financial results for the quarter ended June 30, 2016

SANTA MONICA, Calif., 2016-Aug-02 — /EPR Retail News/ — The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended June 30, 2016, which included net income attributable to the Company of $45.2 million or $.31 per share-diluted for the quarter ended June 30, 2016 compared to net income attributable to the…
August 2, 20160Comments

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Whole Foods Market signs new lease for 365 by Whole Foods Market™ location at Buckhead area in Atlanta

AUSTIN, Texas, 2016-Aug-02 — /EPR Retail News/ — Whole Foods Market announced with its third quarter earnings that it has signed a new lease for a 365 by Whole Foods Market™ location in Atlanta. The store will be located in the Buckhead area and will feature a simple, affordable and convenient grocery-shopping experience that offers the…
August 2, 20160Comments

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Apple CEO Tim Cook announced the billionth sold iPhone

Cupertino, California, 2016-Aug-02 — /EPR Retail News/ —At an employee meeting in Cupertino this morning, CEO Tim Cook announced that Apple recently sold the billionth iPhone. "iPhone has become one of the most important, world-changing and successful products in history. It's become more than a constant companion. iPhone is truly an essential part of our daily…
August 2, 20160Comments

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Morrisons launches one of its biggest price crunches on 1,045 every day products

Bradford, England, 2016-Aug-02 — /EPR Retail News/ — Morrisons will today launch one of its biggest price crunches with an average of 18 per cent being cut from the price of 1,045 every day products – including hundreds of core grocery and dairy items. The British supermarket will cut the price of family essentials such as British…
August 2, 20160Comments

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Dollar General Corporation to report 2QFY2016 financial results ended July 29, 2016 on August 25, 2016

GOODLETTSVILLE, 2016-Aug-02 — /EPR Retail News/ — Dollar General Corporation (NYSE:DG) plans to report its financial results for its fiscal 2016 second quarter ended July 29, 2016, on Thursday, August 25, 2016. In connection with the announcement, Todd Vasos, chief executive officer, and John Garratt, chief financial officer, will host a conference call on Thursday, August…
August 2, 20160Comments

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The Angel Garden at Primary Children’s Hospital reopens following renovation funded by Macey’s Food Stores

Salt Lake City, UT, 2016-Aug-02 — /EPR Retail News/ — The Angel Garden at Primary Children’s Hospital on Monday will reopen as a redesigned refuge for patients, families and staff — thanks to generous gifts from the community. WHEN: Monday, Aug. 1, 2016, at 11 a.m. WHERE: Primary Children’s Hospital, 100 N. Mario Capecchi Drive in Salt Lake…
August 2, 20160Comments

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Wincor Nixdorf AG reports 10% increase in Net sales during first nine months of its current fiscal year

Paderborn, Germany, 2016-Aug-02 — /EPR Retail News/ — Having completed the first nine months of its current fiscal year, Wincor Nixdorf AG remains on a clear path of growth and is reaping the rewards of its restructuring program more rapidly than originally projected. Net sales increased by 10%, taking the figure to €1,938 million (previous year:…
August 2, 20160Comments

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Philippines: SM Prime Holdings registered 12% growth in its core net income during first half of 2016

Pasay City, Philippines, 2016-Aug-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP 12.6 billion from PHP 11.2 billion. This was supported by a 9% increase in consolidated revenues to PHP 39.2 billion from PHP 35.9 billion…
August 1, 20160Comments

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Philippines: SM Prime Holdings issues PHP10 billion fixed rate bonds due on 2026

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ —SM Prime Holdings,Inc. (SM Prime) marked its 3rd listing of retail bonds with its issuance of PHP10 billion fixed rate bonds due on 2026. With SM Prime’s bond issuance, the total listed amount of the SM Group on PDEx shall be PHP84.83 billion, representing 14.47% of the total corporate fixed-income…
August 1, 20160Comments

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New Zealand: Foodstuffs supermarkets invests more than $200 million on new stores and store refurbishments nationwide

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — A stocktake of property developments currently underway by Foodstuffs supermarkets shows more than $200 million is being invested nationwide on new stores and store refurbishments. Work includes the construction of seven new stores, worth around $120 million in total – four in the North Island and three in…
August 1, 20160Comments

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Macy’s annual Fashion Pass initiative to benefit The Elizabeth Taylor AIDS Foundation and the Council of Fashion Designers of America Foundation, Inc.

NEW YORK, 2016-Aug-01 — /EPR Retail News/ — Giving back is always in style at Macy’s and starting tomorrow, customers can join the spirit of giving by participating in Macy’s Fashion Pass. From July 28 to Aug. 7, with a $5 donation at the register, Macy’s shoppers will receive 15 percent to 25 percent off a…
August 1, 20160Comments

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US Foods to host Q2-FY2016 live conference call and webcast on August 9

Rosemont, Ill., 2016-Aug-01 — /EPR Retail News/ — US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss Fiscal 2016 second quarter results on Tuesday, August 9 at 9:00 am CDT. The conference call can be accessed live over the phone by dialing (855) 788-2805; the conference ID number is 95116637. …
August 1, 20160Comments

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Federated Co-operatives Limited to build two new fertilizer terminals in Western Canada

Saskatoon, SK, Canada , 2016-Aug-01 — /EPR Retail News/ — Federated Co-operatives Limited (FCL) is investing $75 million to build two new state-of-the-art, high-throughput fertilizer terminals in Western Canada. “These are not only investments in agriculture, they are investments in western Canadian communities,” said Scott Banda, CEO of FCL. “The fact that we are building these facilities in…
August 1, 20160Comments

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Kimco Realty Corp. implements several strategic initiatives to enhance its capital structure while improving both its growth profile and tax efficiency

NEW HYDE PARK, New York, 2016-Aug-01 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced that it will redeem $290,915,000 aggregate principal amount of its 5.70% Senior Notes due 2017 (CUSIP No. 49446RAH2) (the “Senior Notes”), representing all outstanding Senior Notes, on August 26, 2016 (the “Redemption Date”). The Senior Notes were issued pursuant…
August 1, 20160Comments

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Kimco Realty Corp. and KRCX North Holdings, LLC: Redemption of $350 Million Canadian-Denominated Series 3 and Series 4 Notes

NEW HYDE PARK, New York, 2016-Aug-01 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) and its wholly-owned entity, KRCX North Holdings, LLC, announced today that the outstanding aggregate principal amount of CAD $150 million Series 3 5.99% notes, maturing April 13, 2018 (“Series 3 Notes”), and the outstanding aggregate principal amount of CAD $200…
August 1, 20160Comments

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Krispy Kreme acquisition by JAB Beech completed

WINSTON-SALEM, N.C., 2016-Aug-01 — /EPR Retail News/ — Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (“Krispy Kreme” or the “Company”) and JAB Beech Inc. (“JAB Beech”), an indirect controlled subsidiary of JAB Holding Company (“JAB”), today announced the successful completion of the acquisition of Krispy Kreme by JAB Beech. The acquisition was announced on May 9, 2016,…
August 1, 20160Comments

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Toys“R”Us, Inc.: 76% of 2017 notes and 47% of 2018 notes validly tendered

The company also announces the extension of early tender date for the previously announced private exchange offers by TRU Taj LLC for outstanding 10.375% senior notes due 2017 and 7.375% senior notes due 2018. WAYNE, NJ, 2016-Aug-01 — /EPR Retail News/ — Toys“R”Us, Inc. (the “Company”) today announced that as of 5:00 p.m., New York City time,…
August 1, 20160Comments

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U.S. Federal Trade Commission clears Ahold and Delhaize Group merger

Zaandam, the Netherlands, 2016-Jul-29 — /EPR Retail News/ — Zaandam, the Netherlands – Ahold and Delhaize Group have received regulatory clearance for their merger from the United States Federal Trade Commission (FTC). The companies subsequently completed the merger with the signing of the merger deed by Ahold CEO Dick Boer and Delhaize Group CEO Frans Muller…
July 29, 20160Comments

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New Whole Foods Market Midwest Distribution Center in Chicago’s Pullman Neighborhood

CHICAGO, IL, 2016-Jul-29 — /EPR Retail News/ — Chicago Mayor Rahm Emanuel and Whole Foods Market today broke ground on a 150,000 square-foot Whole Foods Market Midwest distribution facility in the Pullman neighborhood on Chicago’s South Side. Expected to open in early 2018, the new Whole Foods Market Midwest distribution center will initially employ 150 people…
July 29, 20160Comments

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SUPERVALU 1Q-FY2017: $5.20 billion consolidated net sales; net earnings from continuing operations at $47 million

MINNEAPOLIS, 2016-Jul-28 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today reported first quarter fiscal 2017 consolidated net sales of $5.20 billion and net earnings from continuing operations of $47 million, or $0.17 per diluted share, which included $6 million in net after-tax charges and costs related to a debt refinancing and debt prepayment, the…
July 28, 20160Comments

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Apple® announces quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion

Cupertino, CA, 2016-Jul-28 — /EPR Retail News/ — Apple® today announced financial results for its fiscal 2016 third quarter ended June 25, 2016. The Company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. These results compare to revenue of $49.6 billion and net income of $10.7…
July 28, 20160Comments

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Kohlberg Kravis Roberts & Co. L.P. affiliates to offer for sale in an underwritten secondary offering 15,000,000 shares of Walgreens Boots Alliance’s common stock

DEERFIELD, Ill., 2016-Jul-28 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) (the “company”) today announced that affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR,” and together, the “selling stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of the company’s common stock pursuant to the shelf registration statement…
July 28, 20160Comments

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The Container Store Group, Inc. to release its financial results for the month of March and Q1-FY2016 on August 9, 2016

DALLAS, 2016-Jul-28 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) today announced that its financial results for the month of March and the first quarter of fiscal 2016 will be released after market close on Tuesday, August 9, 2016. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the…
July 28, 20160Comments

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The Well JV to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP

TORONTO, ONTARIO, 2016-Jul-28 — /EPR Retail News/ — RioCan REIT (TSX:REI.UN), Allied Properties REIT (TSX:AP.UN) and Diamondcorp(collectively, "The Well JV") today announced that they have entered into a binding agreement to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP for approximately $180 million, subject to certain…
July 28, 20160Comments

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Office Depot announces the opening of a new STEM wing at Lovejoy High School in Lucas, Texas

BOCA RATON, Fla., 2016-Jul-28 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the opening of a new STEM wing at Lovejoy High School, located in Lucas, Texas. The STEM wing is scheduled for an unveiling today at Learning…
July 28, 20160Comments

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Sears starts the back-to-school season with two new private label apparel lines and a new “The Secret Life of Pets” app game

HOFFMAN ESTATES, Ill., 2016-Jul-28 — /EPR Retail News/ —  Sears has kicked off the back-to-school season with two new private label apparel lines, a new interactive in-store Sears app experience and shopping conveniences that make shopping easier, more fun with less time taken away from the last few days of summer. With fresh, updated jeans perennially high…
July 28, 20160Comments

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BJ’s Restaurants, Inc. announces financial results for its Q2-FY2016 ended Tuesday, June 28, 2016

HUNTINGTON BEACH, Calif., 2016-Jul-28 — /EPR Retail News/ — BJ’s Restaurants, Inc.(NASDAQ:BJRI) today reported financial results for its fiscal 2016 second quarter ended Tuesday, June 28, 2016, and announced that its Board of Directors has approved a $100 million increase to the Company’s share repurchase program. Second Quarter 2016 Highlights Compared to Second Quarter 2015 Total revenues…
July 28, 20160Comments

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IKEA U.S. ‘Feeding the Future’ program raised over $350,000 during its June campaign

Conshohocken, PA, 2016-Jul-27 — /EPR Retail News/ — Now in its third year, the IKEA U.S. ‘Feeding the Future’ campaign raised over $350,000 during its June campaign. These donations will help provide more than 3.8 million meals for children and families in local IKEA communities through Feeding America®, the nation’s leading domestic hunger-relief organization. IKEA U.S. thanks…
July 27, 20160Comments

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The NRF Foundation announces 25 semi-finalists for the Ray Greenly Scholarship

WASHINGTON, 2016-Jul-27 — /EPR Retail News/ — The NRF Foundation today announced 25 semi-finalists for the Ray Greenly Scholarship, which provides financial support to students pursuing degrees in fields related to digital retailing. Five finalists will be announced at Retail’s Digital Summit in Dallas in September, with four students receiving a $10,000 scholarship each and one…
July 27, 20160Comments

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