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The Children’s Place, Inc. approves new $250 million share repurchase program and declares quarterly dividend

Increases Authorized Stock Repurchases by $250 Million Declares Quarterly Dividend SECAUCUS, N.J., 2015-12-10 — /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 has approved a new $250 million share repurchase program and has declared a quarterly dividend. Jane Elfers, President and…
December 10, 20150Comments

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Business Financial Management Retail Retailer

The TJX Companies, Inc. declares quarterly common stock dividend of $.21 per share payable March 3, 2016

FRAMINGHAM, Mass., 2015-12-10 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE:TJX) today announced the declaration of a quarterly dividend on its common stock of $.21 per share payable March 3, 2016, to shareholders of record on February 11, 2016. About The TJX Companies, Inc. The TJX Companies, Inc. is the leading off-price retailer of apparel and…
December 10, 20150Comments

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Business Financial Management Retail Retailer

BJ’s Restaurants increases its share repurchase program to $250 million

Balanced Capital Allocation Policy Resulted in $187 Million of Common Stock Share Repurchases Since Plan Inception While Continuing Double Digit New Restaurant Growth HUNTINGTON BEACH, Calif., 2015-12-10 — /EPR Retail News/ — BJ's Restaurants, Inc.(NASDAQ:BJRI) today announced that its Board of Directors approved a $50 million increase to the Company's share repurchase program to $250 million.…
December 10, 20150Comments

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Business Financial Human Resources Management Retail Retailer

Zalando SE to repurchase 50.000 own shares for approximately EUR 1.8 million for employee incentive programs

BERLIN, 2015-12-10 — /EPR Retail News/ — The management board of Zalando SE today announced the decision to repurchase 50.000 own shares over the stock market for a total purchase price of approximately EUR 1.8 million (estimate based on the most recent closing price) for the sole purpose of using the shares for employee incentive…
December 10, 20150Comments

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Business Financial Law Retail Retailer

BRC: UK implementation of EU Interchange Fee Regulation may see debit card charges rise for some retailers

LONDON, 2015-12-10 — /EPR Retail News/ — UK consumers are set to lose out as a result of today's decision on fees for consumer debit card payments. The Interchange Fee Regulation, a piece of EU legislation which comes into effect in the UK today, will reduce the hidden ‘interchange' fees levied by banks on retailers…
December 10, 20150Comments

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Business Financial Law Retail Retailer

Retail Industry Leaders Association expressed strong opposition to H.R. 2205, the Data Security Act of 2015

Arlington, VA, 2015-12-10 — /EPR Retail News/ — In a letter sent to members of the House Financial Services Committee today the Retail Industry Leaders Association (RILA), along with thirteen other industry trade groups, expressed strong opposition to H.R. 2205, the Data Security Act of 2015. “While retailers strongly support efforts to safeguard financial data and protect consumers…
December 10, 20150Comments

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Business Financial Management Retail Retailer

DDR Declares Fourth Quarter 2015 dividend

BEACHWOOD, Ohio,  2015-12-10 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its fourth quarter 2015 Preferred Class J stock dividend of $0.406250 per depositary share and Preferred Class K stock dividend of $0.39063 per depositary share. Each Class J depositary share is equal to one-twentieth of a share of DDR's 6.50% Class J Cumulative…
December 10, 20150Comments

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Business Financial Management Retail Retailer

Empire Company Q2-FY2016: Sales up 1.1 percent to $6,059.2 million

Stellarton, Nova Scotia, Canada, 2015-12-10 — /EPR Retail News/ — Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced financial results for its second quarter ended October 31, 2015. In the second quarter, the Company recorded adjusted net earnings, net of non-controlling interest, of $110.7 million ($0.40 per diluted share) compared to $126.6…
December 10, 20150Comments

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Business Financial Management Retail Retailer

ICA Gruppen reports on November 2015 sales figures of it Swedish stores

SOLNA, SWEDEN, 2015-12-9 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 3.7% in November 2015 compared with the corresponding month last year. Sales in like-for-like stores increased by 3.1%. November 2015 January – November 2015 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,660 4.2% 2.4% 29,508 5.7% 3.4% ICA Kvantum 2,103 3.4% 3.0% 23,697 4.5% 3.5% ICA Supermarket 2,612 3.2% 3.2% 30,057 2.2% 2.5% ICA Nära 1,247 3.8% 4.3% 14,757 2.4% 2.9% Total 8,622 3.7% 3.1% 98,018 3.8% 3.1% In November 2015, sales…
December 9, 20150Comments

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Business Financial Management Retail Retailer

Macy’s, Inc. priced its $500 Million senior notes due 2021

CINCINNATI, 2015-12-9 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced the pricing of the public offering of $500 million aggregate principal amount of senior notes due 2021 by its wholly owned subsidiary, Macy's Retail Holdings, Inc. The senior notes were issued at a price of 99.899% of par and will bear interest at a rate…
December 9, 20150Comments

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Business Financial Management Retail Retailer

Walgreens Boots Alliance, Inc. to release its fiscal 2016 first quarter earnings results on Thursday, 7 January 2016

DEERFIELD, Ill., 2015-12-8 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) will release its fiscal 2016 first quarter earnings results at 7 a.m. Eastern time Thursday, 7 January 2016, followed by a one-hour conference call with Walgreens Boots Alliance management beginning at 8:30 a.m. Eastern time. The conference call will be simulcast through the Walgreens…
December 8, 20150Comments

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Business Financial Management Retail Retailer

Kimco Realty Corp. to announce its fourth quarter earnings on Wednesday, February 3, 2016 after market close

NEW HYDE PARK, N.Y., 2015-12-8 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) will announce its fourth quarter earnings on Wednesday, February 3, 2016 after market close. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on Thursday, February 4, 2016 at 10:00 AM EST. Event: Kimco…
December 8, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation to release financial results for Fiscal 2016 Third Quarter ended Nov. 28, 2015 on Thursday, Dec. 17, 2015

CAMP HILL, Pa., 2015-12-8 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2016 Third Quarter, which ended Nov. 28, 2015, on Thursday, Dec. 17, 2015. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…
December 8, 20150Comments

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Consumer Services Financial Management

Sainsbury’s Bank appoints David Jones as Chief Customer Officer

David Jones, MD at Moneysupermarket, to join Sainsbury’s Bank to lead its customer division. LONDON, 2015-12-8 — /EPR Retail News/ — Sainsbury’s Bank is delighted to announce today, 7th December, the appointment of David Jones as Chief Customer Officer. His appointment will see him lead the Bank’s newly formed Customer Division, bringing together trading and…
December 8, 20150Comments

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Business Financial Management Retail Retailer

Gap Inc. November 2015 net sales decreased 9 percent vs. the 6 percent increase last year

SAN FRANCISCO, 2015-12-7 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that November 2015 net sales decreased 9 percent compared with a 6 percent increase last year. On a constant currency basis, November 2015 net sales decreased 8 percent compared with last year.1 Net sales for the four-week period ended November 28, 2015 were…
December 7, 20150Comments

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Business Financial Management Retail Retailer

L Brands, Inc. reports 8 percent net sales increase in the four weeks ended Nov. 28, 2015 YoY

COLUMBUS, Ohio, 2015-12-7 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $1.169 billion for the four weeks ended Nov. 28, 2015, an increase of 8 percent, compared to net sales of $1.078 billion for the four weeks ended Nov. 29, 2014.  Comparable store sales increased 7 percent for the four…
December 7, 20150Comments

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Environment Financial Management Philanthropy Retail Retailer

Inditex to allocate €3.7m to Water.org to facilitate access to safe water and sanitation to those with scarce resources

The contribution will facilitate more than 33,000 microloans for this purpose and will benefit more than 160,000 people in Bangladesh and Cambodia. Arteixo, Spain, 2015-12-4 — /EPR Retail News/ — Inditex will allocate €3.7m to Water.org to facilitate access to safe water and sanitation to those with scarce resources. On December 3, the Group's chairman, Pablo Isla,…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation announces sales results for November

CAMP HILL, Pa., 2015-12-4 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for November. Monthly Sales For the five weeks ended Nov. 28, 2015, same store sales increased 0.9 percent over the prior-year period. November front-end same store sales increased 1.2 percent. Pharmacy same store sales, which included…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Dollar General Corporation to pay quarterly cash dividend of $0.22 per share on its common stock

GOODLETTSVILLE, Tenn., 2015-12-4 — /EPR Retail News/ — Dollar General Corporation (NYSE: DG) announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.22 per share on the Company’s common stock. The dividend will be payable on January 6, 2016 to shareholders of record at the close of business on December 23, 2015. About Dollar General…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Dollar General Q3 2015: we executed well in a retail environment very similar to the second quarter

Net Sales Increased 7.3%; Same-Store Sales Increased 2.3% Diluted Earnings Per Share Increased 10% to $0.86; Adjusted Diluted EPS Increased 11% to $0.88 Incremental $1 Billion Share Repurchase Authorization Announced $1.2 Billion of Capital Returned to Shareholders Year to Date Through Combination of 13.4 Million Shares Repurchased and Dividends Paid Company Updates 2015 Financial Guidance…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Taubman Centers, Inc. to pay regular quarterly dividend of $0.565 per share of common stock

BLOOMFIELD HILLS, Mich., 2015-12-4 — /EPR Retail News/ — The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.565 per share of common stock. The common dividend is payable December 31, 2015, to shareholders of record on December 15, 2015. The Board of Directors also declared quarterly dividends of $0.40625…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Weingarten Realty Investors to release its fourth quarter 2015 earnings on February 16, 2016

HOUSTON, 2015-12-4 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today its fourth quarter 2015 earnings will be released after the market closes on Tuesday, February 16, 2016. Senior Management will host a quarterly earnings conference call on Wednesday, February 17, 2016 at 9:00 a.m. Central Time. Event: Weingarten Realty’s Fourth Quarter 2015 Earnings Results When: 9:00 AM CST,…
December 4, 20150Comments

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Business Financial Management Retail Retailer

Ingles Markets to webcast its fourth quarter earnings conference call on December 10, 2015

ASHEVILLE, N.C., 2015-12-4 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) will provide an online, real-time webcast and rebroadcast of its fourth quarter earnings conference call on December 10, 2015. Ingles plans to release earnings for its fourth quarter ended September 26, 2015, on December 10, 2015. The live broadcast of Ingles Markets’ quarterly conference call will be…
December 4, 20150Comments

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Business Financial Management Retail

British Land announced successful liability management transaction

LONDON, 2015-12-4 — /EPR Retail News/ — On 24 November 2015, British Land announced a tender offer in respect of its £200 million 6.75% First Mortgage Debenture Bonds due 2020 of which £170 million was outstanding.  The deadline for that offer was 4.00pm on 1 December 2015.  Today, British Land has announced that it received…
December 4, 20150Comments

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Financial Management Retail Retailer

Pacha Soap receives funding from Whole Foods Market’s Local Producer Loan Program

Newest Recipient of Whole Foods Market® Local Producer Loan Program Grows Business AUSTIN, Texas, 2015-12-3 — /EPR Retail News/ — Pacha Soap is the newest independent local business to receive funding from Whole Foods Market’s Local Producer Loan Program. With the new funds, Hastings-based Pacha Soap will develop their sustainable liquid hand soap product line, Pump…
December 3, 20150Comments

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Business Financial Management Retail Retailer

Staples, Inc. to pay quarterly cash dividend of $0.12 per common stock share

FRAMINGHAM, Mass., 2015-12-3 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend onStaples, Inc. common stock of $0.12 per share. The dividend is payable on January 14, 2016, to shareholders of record on December 23, 2015. About Staples Staples makes it easy to make more happen…
December 3, 20150Comments

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Business Financial Management Retail Retailer

Neiman Marcus Group LTD LLC to announce its first quarter financial results on December 14, 2015

DALLAS, 2015-12-1 — /EPR Retail News/ — Neiman Marcus Group LTD LLC will announce its first quarter financial results on Monday, December 14, 2015 with an investor conference call to be held at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). The audio webcast may be accessed on the Neiman Marcus Group LTD LLC website at www.neimanmarcusgroup.com simultaneously…
December 1, 20150Comments

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Business Financial Management Retail Retailer

Kimco Realty Corp. to live audio webcast its 2015 Investor Day Presentation on December 10, 2015

NEW HYDE PARK, N.Y., 2015-12-1 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM), invites you to listen to a live audio webcast of its 2015 Investor Day Presentation on Thursday, December 10, 2015 in New York City. The webcast information is as follows: Event: KIMCO Investor Day 2015 When: Thursday, December 10, 2015, 1:00 P.M. – 5:00 P.M., EST Where: Live…
December 1, 20150Comments

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Business Financial Management Retail Retailer

DDR Corp. to issue financial results for the quarter ended December 31, 2015 on February 11, 2016

BEACHWOOD, Ohio, 2015-12-1 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) will issue financial results for the quarter ended December 31, 2015 after the market closes on Thursday, February 11, 2016. The Company will conduct a conference call and audio webcast on Friday, February 12, 2016 at 10:00 a.m. ET. To access the conference, dial…
December 1, 20150Comments

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Business Financial Management Retail Retailer

L Brands to broadcast its November 2015 Sales report on December 3

COLUMBUS, Ohio, 2015-12-1 — /EPR Retail News/ — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the November Sales report. The broadcast will be available on the Internet on Thursday, Dec. 3 at 7:30 a.m. ET. What: L Brands November Sales Report When: 7:30 a.m. ET on Thursday, Dec. 3,…
December 1, 20150Comments

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