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Financial

ProCredit Bank Georgia selects NCR and its local partner RS Line to implement the first intelligent deposit ATMs in the country

NCR ATM and software solutions enable direct, convenient loan repayments, as well as direct currency exchange Tbilisi, Georgia, 2015-10-29 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that ProCredit Bank Georgia has chosen NCR and its local partner RS Line to implement the first intelligent deposit ATMs in the…

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The Macerich Company declared 4.4% increase in its quarterly cash dividend to $.68 per share of common stock

SANTA MONICA, Calif., 2015-10-27 — /EPR Retail News/ — The Board of Directors of The Macerich Company (NYSE: MAC) declared a 4.4% increase in its quarterly cash dividend to $.68 per share of common stock. The dividend is payable on December 4, 2015 to stockholders of record at the close of business on November 12,…

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RILA: banks announced they will move to chip and PIN cards while ABA lobbyist says PIN is not going to be adopted in U.S.

Arlington , VA, 2015-10-27 — /EPR Retail News/ — Earlier this month, lobbyists from the American Bankers Association (ABA) loudly asserted that an FBI consumer alert urging consumers to use PINs with newly issued EMV or "chip" credit cards was misguided, because banks in the United States were not issuing chip and PIN credit cards. A…

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Experian Marketing Services topped the list of email marketing vendors to the largest digital retailers – Internet Retailer

Retailers that leverage Experian’s marketing technology saw ecommerce revenue increase more than 10 percent since 2014, according to internet RETAILER®’s leading vendors report Experian Marketing Services is named the top email technology provider to the largest retailers in North America New York, N.Y., 2015-10-27 — /EPR Retail News/ — Experian Marketing Services, a recognized leader…

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Pennsylvania Real Estate Investment Trust (PREIT) declared $0.21 quarterly cash dividend per common share

PHILADELPHIA, 2015-10-26 — /EPR Retail News/ — Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on December 15, 2015 to common shareholders of record on December 1, 2015. The December 15thdividend payment will be the…

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Starbucks to transition processing of all non-mobile payments and U.S. retail card payment transactions to Chase Commerce Solutions

SEATTLE, 2015-10-23 — /EPR Retail News/ — Starbucks (NASDAQ: SBUX) has announced the selection of Chase Commerce Solutions, the global payment processing and merchant acquiring division of JPMorgan Chase & Co. (NYSE: JPM), to transition processing of all non-mobile payments and U.S. retail card payment transactions in company-operated stores in addition to partnering on the…

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Coalition of 10 associations led by NRF sent a letter to Senate in support of an amendment of the Cybersecurity Information Sharing Act of 2015

WASHINGTON, 2015-10-22 — /EPR Retail News/ — A broad-based coalition of 10 associations led by the National Retail Federation sent a letter today to Senate leadership in support of an amendment by Senator Tom Cotton to S. 754, the Cybersecurity Information Sharing Act of 2015, that would give liability protection to businesses that share cyber…

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NRF: migrating to chip-and-signature credit cards “overwhelming” for many small retailers

WASHINGTON, 2015-10-22 — /EPR Retail News/ — A gift shop owner told Congress today that making the change to chip-and-signature credit cards has been “overwhelming” for many small businesses and that owners are disappointed that without PINs they are being pressured to make an expensive investment without receiving the full level of security that could…

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SUPERVALU reports 2Q fiscal 2016 net sales of $4.06 billion

Consolidated operating earnings of $94 million for Q2 fiscal 2016 Adjusted EBITDA of $166 million for Q2 fiscal 2016 Save-A-Lot sales, operating earnings and Adjusted EBITDA increase over last year's second quarter Ninth consecutive quarter of positive Save-A-Lot corporate stores ID sales MINNEAPOLIS, 2015-10-22 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today reported second quarter fiscal…

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Citycon to publish its Interim Report for 1 Jan – 30 Sep 2015 on Wednesday, 28 Oct

Helsinki, Finland, 2015-10-22 — /EPR Retail News/ — Citycon will publish its Interim Report for 1 January – 30 September 2015 on Wednesday, 28 October approximately at 9 am Helsinki time (Helsinki time is EET, which is CET +1). The report will be available on Citycon’s website immediately after publication. Citycon's investor, analyst and press conference…

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X5 Retail group offers RUB 5 bln BO-04 series rouble-denominated bonds issued by OOO X5 Finance

Moscow, 2015-10-21 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or "the Company"), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of RUB 5 bln BO-04 series rouble-denominated bonds issued by OOO X5 Finance. The coupon rate on the bonds with oferta in 3.5 years, is set at 11.90%. The Company…

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CVS Health Corporation will hold its third quarter financial results conference call on October 30, 2015

WOONSOCKET, R.I., 2015-10-21 — /EPR Retail News/ — CVS Health Corporation (NYSE:CVS) will be holding a conference call on Friday, October 30, 2015, at 8:30 a.m. (EDT) with analysts and investors to discuss its third quarter financial results. An audio webcast of the conference call will be broadcast simultaneously through the Investor Relations portion of the…

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NCR Small Business and Creditcall to demonstrate NCR Silver EMV solution at Money20/20

At event, NCR Small Business President will also speak about omnichannel experience DULUTH, Ga., 2015-10-20 — /EPR Retail News/ — Chris Poelma, president and general manager of NCR Small Business, will speak about the omnichannel experience on a panel of mobile payments experts at Money20/20, an event that brings together key industry leaders in financial services and…

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Delhaize Group to announce its third quarter 2015 results on Thursday October 29, 2015

BRUSSELS, Belgium, 2015-10-19 — /EPR Retail News/ — Delhaize Group will announce its third quarter 2015 results (ended September 30, 2015) on Thursday October 29, 2015 at 7:00 a.m. CET. The press release will be available on Delhaize Group's website (www.delhaizegroup.com) immediately after its publication. Frans Muller, CEO, and Pierre Bouchut, CFO, will discuss the third quarter 2015…

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METRO GROUP posts like-for-like sales growth of 1.5% in financial year 2014/15

Like-for-like sales growth of 1.5% in financial year 2014/15 Growth drivers online retail and delivery remain successful METRO Cash & Carry and Media Saturn report like-for-like sales growth in both financial year 2014/15 and Q4 2014/15 Acquisitions Classic Fine Foods and RTS strengthen sales lines Sale of Galeria Kaufhof successfully completed; net cash inflow of €1.75…

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Overstock.com: t0.com successfully used bitcoin blockchain to record evidence of compliance with SEC Regulation SHO before a trader can engage in a short-sale

t0.com Completes Another Successful Production Beta Test of Its Software SALT LAKE CITY, 2015-10-17 — /EPR Retail News/ — t0.com, a majority-owned subsidiary of Overstock.com, Inc.(NASDAQ:OSTK) today announced it successfully completed another production beta test of its t0 software, by successfully using the bitcoin blockchain to record evidence of compliance with SEC Regulation SHO before a…

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Sprouts Farmers Market to release financial results for 3Q ended Sep 27, 2015 before the market opens on Thursday, November 5

PHOENIX, Ariz., 2015-10-17 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced it will issue financial results for the third quarter ended September 27, 2015 before the market opens on Thursday, November 5, 2015. Following the release, Sprouts management will conduct a conference call at 8 a.m. MST (10 a.m. EST) to discuss…

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DDR Corp announced pricing of $400m 4.250% senior unsecured notes due 2026

BEACHWOOD, Ohio, 2015-10-16 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced the pricing of $400 million of senior unsecured notes in an underwritten public offering.  The offering consists of $400 million of 4.250% notes due 2026.  The notes are being offered to investors at a price of 99.094% with a yield to maturity of…

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Commercial Bank of Ethiopia upgraded its ATM management system to NCR APTRA Vision

NCR APTRA Vision helps increase business performance and consumer experience among the bank’s 1,200 plus mutli-vendor ATM network with a single and accurate view to empower decision making ADDIS ABABA, Ethiopia, 2015-10-15 — /EPR Retail News/ — NCR Corporation, (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Commercial Bank of Ethiopia (“CBE”), the…

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Wincor Nixdorf launches new ATM that allows customers to withdraw cash via smartphone

PADERBORN, GERMANY, 2015-10-13 — /EPR Retail News/ — Wincor Nixdorf is now launching a new automated teller machine (ATM) on the market that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The system's innovative design is intended to appeal especially to digital natives who have grown up with digital…

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The National Retail Federation agrees with FBI warning that new chip-based credit cards are safer but need PIN to minimize risk of fraud

WASHINGTON, 2015-10-12 — /EPR Retail News/ — The National Retail Federation today said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN instead of a signature to minimize risk. “What the FBI is saying is…

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Kimco Realty Corp. announces its transaction activity for the third quarter of 2015 totaled more than $245 million

NEW HYDE PARK, N.Y., 2015-10-9 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today announced that the company’s transaction activity for the third quarter of 2015 totaled more than $245 million. Subsequent to the third quarter, Kimco acquired the remaining 85% ownership interest in a Houston power center for a gross price of $64 million,…

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Swedish ICA stores sales rose by 4.1% in September 2015 compared with the corresponding month last year

Solna, Sweden, 2015-10-9 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 4.1% in September 2015 compared with the corresponding month last year. Sales in like-for-like stores increased by 3.4%. September 2015 January – September 2015 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,537 6.9% 4.2% 24,121 5.9% 3.6% ICA Kvantum 2,065 4.0% 4.2% 19,372 4.6% 3.5% ICA Supermarket 2,621 2.6% 2.3% 24,678 2.1% 2.4% ICA Nära 1,280 2.2% 2.7% 12,182 2.2% 2.6% Total 8,503 4.1% 3.4% 80,353 3.8% 3.0% In September 2015, sales in the Swedish ICA stores totalled SEK…

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Kimco’s public offering: $500 million notes due 2022 at a coupon of 3.400% per annum with an effective yield of 3.510%

NEW HYDE PARK, N.Y., 2015-10-8 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) today announced its public offering of $500 million notes due 2022 at a coupon of 3.400% per annum with an effective yield of 3.510%, maturing November 1, 2022. The offering is expected to settle on October 19, 2015, subject to customary closing conditions. The…

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L Brands reports $919.9m net sales for the five weeks ended Oct 3, 2015; up 8 percent YoY

COLUMBUS, Ohio, 2015-10-8 — /EPR Retail News/ — L Brands, Inc. (NYSE:LB) reported net sales of $919.9 million for the five weeks ended Oct. 3, 2015, an increase of 8 percent, compared to net sales of $853.5 million for the five weeks ended Oct. 4, 2014.  Comparable store sales increased 9 percent for the five…

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Meijer’s new Wisconsin one-stop shopping supercenter donates $10,000 to the Dream Playground in Kenosha

KENOSHA, Wis., 2015-10-8 — /EPR Retail News/ — Meijer, the new Wisconsin one-stop shopping supercenter, announced a $10,000 donation to the Dream Playground, the first fully accessible playground in Kenosha. The Kenosha Achievement Center, Inc (KAC) and the city of Kenosha, two of the driving forces behind the Dream Playground, will hold a ribbon cutting ceremony…

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Wincor Nixdorf expands its cash management capacities in the Netherlands

Paderborn, Germany, 2015-10-8 — /EPR Retail News/ — By acquiring Brink's CiT operations in the Netherlands, Wincor Nixdorf is expanding its cash management capacities in the Netherlands. The primary objective of the takeover is to provide one-stop cash management and cash logistics services to leading Dutch banks that have signed long-term agreements for them. Wincor Nixdorf is…

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Carrefour Foundation donates €100,000 to flood victims in southeastern France

Boulogne-Billancourt, FRANCE, 2015-10-8 — /EPR Retail News/ — In response to the heavy flooding that has hammered southeastern France over the past 48 hours, the Carrefour Foundation has released €100,000 to provide aid to victims in the Var and Alpes Maritimes departments. This donation to Secours Populaire in France will provide cleaning equipment to the flood…

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ATM Marketplace / Wincor Nixdorf white paper: One-size-fits-all approach to banking services no longer applies in the omnichannel banking era

PADERBORN, Germany, 2015-10-7 — /EPR Retail News/ — Digital technologies are providing alternative customer access channels, which means that the branch – the oldest delivery channel – must evolve and transform if it is to remain a core component of the banking mix ATM Marketplace, a preeminent banking and finance publication, and Wincor Nixdorf, a global…

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Asda, Iceland, Morrisons and Waitrose to support the construction of new world class dementia research centre at UCL in London

LEEDS, England, 2015-10-6 — /EPR Retail News/ — Asda, Iceland, Morrisons and Waitrose have joined together in a unique partnership to support an initiative that will make medical history. All four retailers have pledged funds from the new levy on single-use carrier bags to support the construction of a new world class dementia research centre at…

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