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Best Buy CEO Hubert Joly: Domestic revenue declined 0.8% during the holiday period driven by the mobile phone category

Domestic Revenue Decreased 0.8% Repurchased $203 million in Stock for a Year-to-Date Total of $588 million Improving the Fourth Quarter Operating Margin Outlook MINNEAPOLIS, 2016-Jan-18 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE:BBY) today announced revenue results for the nine weeks ended January 2, 2016 as compared to the nine weeks ended January 3,…
January 18, 20160Comments

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Debenhams CEO Michael Sharp: We have traded well in the first 19 weeks of the financial year with a strong performance over peak resulting in a record Christmas

LONDON, 2016-Jan-18 — /EPR Retail News/ — Debenhams plc, the leading international, multi-channel brand, today announces its trading update for the 19 weeks to 9th January 2016. Financial Highlights • Group gross transaction value +2.5% • Group like-for-like sales +3.5% in constant currency; +1.9% as reported • Online sales +12.1%; click & collect penetration has risen to 31% • Gross margin within FY16 guidance…
January 18, 20160Comments

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Business Financial Retail Software Retail Solutions Technology

Dunbar Armored and Wincor Nixdorf to deliver CM2900 the first coin and currency recycling smart safe

Paderborn, GERMANY, 2016-Jan-16 — /EPR Retail News/ — CM2900 Smart Safe, Offering Low-Cost Recycling for Retailers, to be First Dunbar Cash Office Product Unveiled at National Retail Federation BIG Show 2016 Dunbar Armored, America’s largest independent, full-service security organization, today announced that it has partnered with Wincor Nixdorf, a leading retail cash management solutions provider, to deliver…
January 16, 20160Comments

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Business Financial Management Retail Retailer

Moody’s Investors Service upgrades Citycon’s credit rating to Baa1

Helsinki, 2016-Jan-16 — /EPR Retail News/ — Moody’s Investors Service has upgraded Citycon’s investment grade level long-term corporate credit rating to Baa1. The outlook is stable. The previous rating was Baa2 with a stable outlook. The rating was upgraded mainly due to Citycon’s improved business profile following the acquisition and integration of Norwegian Sektor Gruppen that increased…
January 16, 20160Comments

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Business Financial Management Retail Retailer

Kroger declares quarterly dividend of 10.5¢ per share to be paid on March 1, 2016

CINCINNATI, 2016-Jan-16 — /EPR Retail News/ —  The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 10.5¢ per share to be paid on March 1, 2016 to shareholders of record as of the close of business on February 15, 2016. Kroger has delivered double-digit compound growth in its dividend since it…
January 16, 20160Comments

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ICA Gruppen’s C shares to be converted to ordinary shares in January 2016

Solna, Sweden, 2016-Jan-14 — /EPR Retail News/ — As previously announced, all C shares in ICA Gruppen will be converted to ordinary shares in January 2016. ICA Gruppen’s board of directors today made the decision that conversion shall be carried as prescribed in the company’s Articles of Association. The total number of shares in ICA Gruppen is 201,146,895,…
January 14, 20160Comments

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RioCan Real Estate Investment Trust to release its financial results for the fourth Quarter and year-ended December 31, 2015 on February 18, 2016

TORONTO, ONTARIO, 2016-Jan-14 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months and year-ended December 31, 2015 prior to the market open on Thursday, February 18, 2016. Interested parties are invited to participate in a conference call with management…
January 14, 20160Comments

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The Bon-Ton Stores announces its store sales for the nine-week holiday period ended January 2, 2016

Company Reports a 1.6% Comparable Store Decrease in Holiday Sales Company Reaffirms Full-Year Adjusted EBITDA Guidance YORK, Pa., 2016-Jan-14 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that its comparable store sales for the nine-week holiday period ended January 2, 2016 decreased 1.6%, in line with guidance provided on November 19, 2015. Total…
January 14, 20160Comments

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NCR ATM and software solutions to modernize Deutsche Postbank’s retail bank branch network

NCR ATM and software solutions enable one of Germany’s largest retail banks to improve service and offer greater flexibility for customers Augsburg, Germany, 2016-Jan-14 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Deutsche Postbank AG will modernize its retail bank branch network with NCR intelligent…
January 14, 20160Comments

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Alibaba Group Holding Limited to report its unaudited financial results for the quarter ended December 31, 2015 on January 28, 2016

Hangzhou, China, 2016-Jan-14 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today announced that it will report its unaudited financial results for the quarter ended December 31, 2015 before the U.S. market opens on Thursday, January 28, 2016, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S.…
January 14, 20160Comments

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Bed Bath & Beyond’s Q3 FY 2015 comparable sales on digital channels grew in excess of 25%

Net Earnings per Diluted Share of $1.09 Net Sales Increased by Approximately 0.3%; 0.7% on a Constant Currency Basis Comparable Sales Decreased by Approximately 0.4%; Relatively Flat on a Constant Currency Basis Comparable Sales from Customer Facing Digital Channels Grew in Excess of 25% Modeling Fiscal Fourth Quarter and Full Year 2015 Net Earnings per…
January 14, 20160Comments

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Signet Jewelers Holiday Season total sales up 5.0% over the prior year

HAMILTON, Bermuda, 2016-01-13 — /EPR Retail News/ — Signet Jewelers Limited (“Signet”) (NYSE and LSE: SIG), the world's largest retailer of diamond jewelry, today announced its sales for the eight weeks ended December 26, 2015 (“Holiday Season”) and guidance for the 13 weeks (“Fourth Quarter”) ending January 30, 2016. Holiday Season Sales Highlights: Total sales of $1,947.8 million,…
January 13, 20160Comments

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SUPERVALU reports $4.11 billion net sales in Q3 fiscal 2016

Consolidated operating earnings of $101 million; Adjusted EBITDA of $182 million for Q3 fiscal 2016 Net earnings per share from continuing operations of $0.13; adjusted earnings per share of $0.16 Redeemed remaining $278 million of 8.00% Senior Notes due May 2016 on January 6, 2016 MINNEAPOLIS, 2016-01-13 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today…
January 13, 20160Comments

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Wincor Nixdorf to provide services for the ATM network of Banco Santander in Mexico

Paderborn, GERMANY, 2016-01-13 — /EPR Retail News/ — Wincor Nixdorf has received an order from Banco Santander in Mexico to provide services for the bank’s ATM network. The contract will run for three years. Wincor Nixdorf will provide round-the-clock remote monitoring of Banco Santander’s 5,200 ATMs, located both in the bank’s branches and at third-party locations.…
January 13, 20160Comments

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METRO GROUP achieved like-for-like sales in Q1 2015/16 on prior year level (0.1%)

Group like-for-like sales in Q1 2015/16 on prior year level: +0.1% Very good Christmas business in Germany with like-for-like sales increased by 2.1% Currency adjusted sales growth at METRO Cash & Carry compensates for portfolio changes Media-Saturn with positive sales development especially in Germany and Western Europe Sale of METRO Cash & Carry Vietnam successfully…
January 12, 20160Comments

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Kimco Realty announces transaction activity in fourth quarter of 2015

NEW HYDE PARK, N.Y., 2016-1-12 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today announced transactions of approximately $1.9 billion and $4.4 billion in the fourth quarter and full year 2015, respectively. Highlights for the fourth quarter include the sale of 88 wholly owned and joint venture properties for $1.7 billion, of which Kimco’s share of…
January 12, 20160Comments

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Walgreens Boots Alliance announces financial results for the first quarter 2016 that ended 30 November 2015

Adjusted first quarter net earnings attributable to Walgreens Boots Alliance per diluted share increase 32.1 percent to $1.03 compared with the year-ago period; GAAP net earnings attributable to Walgreens Boots Alliance per diluted share increase 13.5 percent to $1.01 Adjusted first quarter net earnings attributable to Walgreens Boots Alliance increase 51.1 percent to $1.1 billion…
January 11, 20160Comments

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Toys“R”Us announces same store sales for the five-week and nine-week periods ended January 2, 2016

WAYNE, NJ, 2016-1-11 — /EPR Retail News/ — Toys“R”Us, Inc. today reported its same store sales for the five-week and nine-week periods ended January 2, 2016.  The five-week period refers to November 29, 2015 to January 2, 2016, as compared to November 30, 2014 to January 3, 2015 in the prior year.  The nine-week period refers to November 1, 2015 to January 2, 2016,…
January 11, 20160Comments

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Gap Inc. reports net sales for the five-week period ended January 2, 2016

SAN FRANCISCO, 2016-1-11 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that net sales for the five-week period ended January 2, 2016 decreased 4 percent to $2.01 billion, compared with net sales of $2.10 billion for the five-week period ended January 3, 2015. On a constant currency basis, December 2015 net sales decreased 3 percent…
January 11, 20160Comments

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L Brands, Inc. reported net sales of $2.415 billion for the five weeks ended Jan. 2, 2016

COLUMBUS, Ohio, 2016-1-11 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $2.415 billion for the five weeks ended Jan. 2, 2016, an increase of 9 percent, compared to net sales of $2.207 billion for the five weeks ended Jan. 3, 2015.  Comparable store sales increased 8 percent for the five…
January 11, 20160Comments

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The Children’s Place, Inc. BoD will adopt proxy access rights and will propose a set of additional shareholder rights

Company Announces Other Corporate Governance Enhancements SECAUCUS, N.J., 2016-1-8 — /EPR Retail News/ — The Children's Place, Inc.(Nasdaq:PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced that its Board of Directors will adopt proxy access rights and will propose a set of additional shareholder rights for shareholder approval at the Company’s 2016…
January 8, 20160Comments

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Home Retail Group rejects Sainsbury’s approach for possible cash and share offer

Milton Keynes, UK, 2016-1-7 — /EPR Retail News/ — The Board of Home Retail Group plc (“Home Retail Group” or the “Company”) notes the announcement by J Sainsbury plc (“Sainsbury’s) and confirms that in November 2015 it received an approach from Sainsbury’s regarding a possible cash and share offer for the Company. Having reviewed the approach…
January 7, 20160Comments

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Chipotle Mexican Grill, Inc. to host Q4 and full year 2015 financial results conference call on February 2, 2016

DENVER, 2016-1-6 — /EPR Retail News/ — Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced that it will host a conference call to discuss fourth quarter and full year 2015 financial results on Tuesday, February 2, 2016 at 5:00 PM Eastern time. A press release with fourth quarter and full year 2015 financial results will be…
January 6, 20160Comments

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The Dollar General Literacy Foundation now accepting grant proposals for adult, family, summer reading and youth literacy program

Goodlettsville, Tenn., 2016-1-6 — /EPR Retail News/ — The Dollar General Literacy Foundation is now accepting grant proposals for adult, family, summer reading and youth literacy programs.  Applications are available online at www.dgliteracy.org. Eligible organizations must be a qualified 501(c)(3) organization with a valid IRS tax ID or be a public library or school and must be…
January 6, 20160Comments

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Business Financial Malls Management Retail

DDR Corp closed on $564 million of acquisitions and $1.0 billion of dispositions at 100% ownership in 2015

BEACHWOOD, Ohio, 2016-1-5 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that it closed on the acquisition of seven prime shopping centers totaling $404 million and the disposition of 12 assets totaling $275 million at 100% ownership during the fourth quarter of 2015. For the full year 2015, the Company closed on…
January 5, 20160Comments

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DDR Corp. declared its first quarter 2016 common stock dividend of $0.19 per share; a 10% increase from first quarter of 2015

BEACHWOOD, Ohio, 2016-1-5 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its first quarter 2016 common stock dividend of $0.19 per share, which represents an increase of 10% from the first quarter of 2015. The common stock dividend is payable on April 5, 2016 to shareholders of record at the close of business…
January 5, 20160Comments

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SUPERVALU INC. to hold its fiscal 2016 Q3 conference call on January 13, 2016

MINNEAPOLIS, 2016-1-5 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2016 third quarter conference call on Wednesday January 13, 2016 at 9:00 a.m. Central time. The call will be webcast live online at www.supervaluinvestors.com (click on microphone icon). A replay of the conference call will be archived on SUPERVALU's website under “Investors, Presentations and Webcasts.” About…
January 5, 20160Comments

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L Brands, Inc. to broadcast the December Sales report on Thursday, Jan. 7, 2016

COLUMBUS, Ohio, 2016-1-4 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the December Sales report. The broadcast will be available on the Internet on Thursday, Jan. 7 at 7:30 a.m. ET. What: L Brands December Sales Report When: 7:30 a.m. ET on Thursday, Jan.…
January 4, 20160Comments

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India: POS to Scale up Retail Sector Growth in 2016

Chennai, India, 2015-12-31 — /EPR Retail News/ — The fast evolving consumer preferences associated with advancement in technology has made the Indian retail sector one of the most vibrant among the Asian peers with the market indicators forecasting the sector to cross US $ 1 trillion by 2020 from the present $600 billion riding on…
December 31, 20150Comments

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Ingles Markets to pay quarterly cash dividend on both the Class A and Class B Common Stock

ASHEVILLE, N.C., 2015-12-30 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an…
December 30, 20150Comments

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