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Financial

Walmart Canada stores to raise money for Canadian Red Cross in support of its disaster relief and emergency preparedness activities across the country

Sets $2.6 million goal for this year’s campaign Ottawa, ON, 2015-10-3 — /EPR Retail News/ — From October 1 to 23, 2015, all 395 Walmart Canada stores will be supporting families in need by raising money for Canadian Red Cross in support of its disaster relief and emergency preparedness activities across the country. Beginning on Thursday, October 1, Walmart Canada…

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Nordstrom, Inc. closes its credit card transaction with TD Bank U.S.A., N.A.

$1.8 Billion Net Proceeds to be Returned to Shareholders through Dividend and Share Repurchase Board Authorizes Special Cash Dividend of $4.85 per Share SEATTLE, 2015-10-3 — /EPR Retail News/ — Nordstrom, Inc. (NYSE: JWN) today announced the closing of its credit card transaction with TD Bank U.S.A., N.A. (TD), including the sale of its credit…

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Unibail-Rodamco completes the disposal of Nova Lund shopping centre in Sweden to TH Real Estate for €176 Mn

Paris, Amsterdam, 2015-10-3 — /EPR Retail News/ — Further to the agreement with TH Real Estate entered into on March 5, 2015, Unibail-Rodamco announces the completion of the disposal of Nova Lund shopping centre (Lund, Sweden). The total acquisition cost(1) amounts to SEK1,635 Mn (€176 Mn) (2) , representing a net initial yield(3) of 5.5%…

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Publix Super Markets Inc. declared quarterly dividend of 20 cents per share

LAKELAND, Fla., 2015-10-3 — /EPR Retail News/ — Publix Super Markets Inc. announced its board of directors declared a quarterly dividend of 20 cents per share on its common stock. The dividend will be payable Nov. 2, 2015, either through direct deposit or mailed as a check to stockholders of record as of the close of…

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REWE Group investiert 1,7 Milliarden Euro in das Ladennetz in Europa

Trend zur Urbanisierung hält an – Nachhaltige Immobilien im Fokus Köln, Germany, 2015-10-3 — /EPR Retail News/ — Die REWE Group nimmt die Herausforderungen der zunehmenden Digitalisierung des Handels an. Einerseits gründete die genossenschaftliche Unternehmensgruppe im Jahr 2014 mit REWE Digital einen neuen Bereich, der digitale Geschäftsmodelle entwickeln und realisieren soll. Andererseits investiert das Kölner Unternehmen rund…

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PENNY: Hamburger Vereine erhalten insgesamt 12.000 Euro für Kinder- und Jugendförderung

PENNY unterstützt in der Region Hamburg gezielt Organisationen der Kinder- und Jugendförderung. Dazu hatte das Unternehmen bereits im Sommer das Projekt „PENNY Förderkorb“ ins Leben gerufen. Sämtliche Vereine der Hansestadt und des nahen Umlands aus dem Bereich Kinder- und Jugendförderung waren von August bis September aufgerufen, sich auf der Online-Plattform www.foerderkorb.penny.de um einen von insgesamt…

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GALERIA Kaufhof Group provided an overview of its plans following the acquisition by Hudson’s Bay Company

Under the Leadership of CEO Olivier Van den Bossche, GALERIA Kaufhof Group to Benefit from HBC's Relationships with the World's Best Brands, Successful Strategies in Key Merchandise Categories and Expertise in All-Channel Retailing New Strategies Build from GALERIA Kaufhof Group's Strong Heritage and Great Loyalty in the German and Belgian Markets; will be introduced as soon as…

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Macerich Live Webcast On October 1, 2015

SANTA MONICA, Calif., 2015-10-1 — /EPR Retail News/ — Macerich® (NYSE: MAC) invites investors and the general public to a live webcast of management Q & A following the Macerich Investor tour of Tysons Corner Center and mixed-use development on Thursday, October 1, 2015. The live audio-only webcast will be available from approximately 11:00 am to…

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Macerich to repurchase of up to $1.2 billion of its outstanding common shares over the next 24 months

SANTA MONICA, Calif., 2015-10-1 — /EPR Retail News/ — The Macerich Company (NYSE Symbol: MAC) today announced that the Company's Board of Directors has authorized the repurchase of up to $1.2 billion of its outstanding common shares over the next 24 months as market conditions warrant.  Repurchases may be made through open market purchases, privately…

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Groupe Fnac SA makes an all-share offer for Darty plc on the basis of 1 Fnac share for every 39 Darty shares held

LONDON, 2015-9-30 — /EPR Retail News/ — The Board of Darty plc (“Darty” or the “Company”) announces that it has received a proposal from Groupe Fnac SA (“Fnac”) regarding an all-share offer by Fnac for Darty on the basis of 1 Fnac share for every 39 Darty shares held. The proposal currently values Darty at…

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Russian food retailer X5 Retail Group signed RUB 24 bn ($367m) long-term unsecured loan facility agreement with VTB Bank

Moscow, 2015-9-30 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” and/or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), has signed a RUB 24 bn long-term unsecured loan facility agreement with VTB Bank (“VTB” and/or the “Bank”) with tranches maturing in up to 3 years and an interest rate of the…

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RioCan Real Estate Investment Trust to release its financial results for the three and nine months ended Sep 30, 2015 on Nov 3, 2015

TORONTO, ONTARIO, 2015-9-30 — /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 and nine months ended September 30, 2015 prior to the market open on Tuesday, November 3, 2015. Interested parties are invited to participate in a conference call with management…

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Ingles Markets declared quarterly cash dividend

ASHEVILLE, N.C., 2015-9-29 — /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 annual rate of $0.66 and…

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The United Family® raised $10,210 for Lubbock students in need during the “Project SOS: Supply our Students” school supply drive

LUBBOCK, Texas, 2015-9-25 — /EPR Retail News/ — The United Family® today announced that store guests raised $10,210 for Lubbock students in need during the annual “Project SOS: Supply our Students” school supply drive. From July 22 through Aug. 11, guests of United Supermarkets, Market Street and Amigos locations in the Lubbock area donated new school supplies…

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PREIT completed the refinancings of Willow Grove Park and Springfield Mall

PHILADELPHIA, PA,  2015-9-25 — /EPR Retail News/ — PREIT (NYSE: PEI) has completed the refinancings of Willow Grove Park and Springfield Mall.  The loans total $202.5 million, at PREIT's share, and carry a weighted average interest rate of 3.97%, generating proceeds of $38.1 million and future annual interest expense savings of approximately $2.5  million on…

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Starbucks UK: Home Sweet Loan programme to help pay rental deposits for Starbucks partners (employees)

Home Sweet Loan programme, with support from Generation Rent and Shelter, will help pay rental deposits for Starbucks partners (employees) Extends National Living Wage to all partners regardless of age SEATTLE, 2015-9-25 — /EPR Retail News/ — Starbucks UK is announcing two new initiatives as part of its on-going commitment to help partners, particularly those aged under-25, tackle the cost…

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Macey’s donates $70,000 to Primary Children’s Hospital to support the renovation of the Angel Garden

Salt Lake City, UT, 2015-9-24 — /EPR Retail News/ — Funds to support renovation of the Angel Garden WHAT: Macey’s grocery will present $70,000 to Primary Children’s Hospital to support the renovation of the Angel Garden. A ceremony will take place with speakers Sharon Goodrich, Foundation Director, and Darin Peirce, Associated Retail Operations and Macey’s District Manager.…

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RILA: retailers spend billions to accept new, more secure credit cards, commonly referred to as “chip” cards

American Banks And Credit Unions Continue To Issue Less Secure “Signature” Cards Arlington, VA, 2015-9-22 — /EPR Retail News/ — A change is coming to the checkout. This fall national retailers are turning on newly installed payment terminals aimed at better protecting consumers from cybercrime and credit card fraud.  These machines are designed to accept new, more secure…

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RILA: financial services industry make dubious claims about the deployment of new cards and the readiness of retailers

Arlington, VA, 2015-9-22 — /EPR Retail News/ — As the October 1st liability shift approaches for banks and retailers to use new "chip" credit cards, many in the financial services industry are making dubious claims about the deployment of new cards and the readiness of retailers. Randy Vanderhook, executive director of the Smart Card Alliance is falsely claiming…

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Intershop Communications AG increases share capital by EUR 1,500,000 to EUR 31,683,484

Jena, Germany, 2015-9-21 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1) has successfully completed the capital increase from authorised capital of up to 1,500,000 new shares with existing shareholders’ subscription rights being excluded as per the decision taken yesterday. A total of 1,500,000 shares were privately placed with institutional investors at a price of…

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Darden Restaurants declared $0.55 per share regular quarterly cash dividend on its outstanding common stock

ORLANDO, Fla., 2015-9-21 — /EPR Retail News/ — The Board of Directors of Darden Restaurants, Inc., (NYSE: DRI) declared a regular quarterly cash dividend of $0.55 per share on the Company's outstanding common stock. The dividend is payable on November 2, 2015 to shareholders of record at the close of business on October 9, 2015. About Darden Darden…

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X5 Retail Group’s CEO Stephan DuCharme acquired 1,500 X5 Global Depositary Receipts (GDRs)

Amsterdam, Netherlands, 2015-9-21 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’or the ‘Company’) filed the following notification to the Netherlands Authority for the Financial Markets regarding the acquisition of X5 Global Depositary Receipts (‘GDRs’) by Stephan DuCharme, CEO of X5: Transaction date Number of GDRs Price per GDR 18-09-2015 1,500 USD 15.483 Following this acquisition Stephan DuCharme holds 100,334 GDRs,…

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Rite Aid 2Q Fiscal 2016: Net Income $21.5m; Adjusted EBITDA $346.8m

Second Quarter Net Income of $21.5 Million and Net Income per Diluted Share of $0.02, Compared to Prior Year's Second Quarter Net Income of $127.8 Million and Net Income  per Diluted Share of $0.13 Second Quarter Adjusted EBITDA of $346.8 Million Compared to Adjusted EBITDA of $364.2 Million in Prior Year's Second Quarter Completes Previously Announced Acquisition…

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Associated Food Stores: more than 200 independent and locally owned grocers now accept Android Pay

Contactless Pay Option Available at Macey’s, Dan’s, Dick’s, Lin’s, Fresh Market and other local grocery stores Salt Lake City, Utah, 2015-9-21 — /EPR Retail News/ — Few shoppers leave home without their cell phone. Now their favorite device can help them pay for their groceries. Macey’s, Dan’s, Dick’s, Lin’s and Fresh Market, along with more than 200 independent…

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Wincor Nixdorf, AGS Transact Technologies Limited to produce cash dispensing machines locally in India

Paderborn, Germany, 2015-9-21 — /EPR Retail News/ — Wincor Nixdorf and AGS Transact Technologies Limited (AGS) have signed an agreement that includes the provision of a total of 40,000 cash dispensers from Wincor Nixdorf in India within the next two years. Furthermore, as part of their continuous efforts to offer banking technology products to Indian consumers,…

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SM Prime Holdings to issue Fixed Rate Peso Retail Bonds up to PHP15 Billion

Pasay City, Philippines, 2015-9-21 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds up to Php15 Billion with an over subscription option of up to Php5 Billion with maturities of 5.25 years and 10 years. The Board of Directors…

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Lawson starts new services for UnionPay card holders to improve convenience for foreign tourists

Shinagawa Ward, Tokyo, 2015-9-18 — /EPR Retail News/ — Lawson, Inc. will start new services for holders of the UnionPay card which is widely used in mainland China to improve convenience for foreign tourists. From September 24th, 2015, customers can pay by UnionPay credit card at all Lawson stores in Japan (12,195 stores as of Aug 31,…

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The Co-operative food launches its Local Fund; calls on local causes to apply by Wednesday, 7 October

MANCHESTER, England, 2015-9-18 — /EPR Retail News/ — Good causes across Scotland are set to “bag” a funding boost of more than £750,000 as The Co-operative today (Wednesday, 16 September) launches its Local Fund to share the money raised through carrier bag charges and sales in its food stores. The community retailer is calling on local causes…

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TJX Companies announced $.21 per share quarterly dividend on its common stock

FRAMINGHAM, Mass., 2015-9-18 — /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 December 3, 2015, to shareholders of record on November 12, 2015. About The TJX Companies, Inc. The TJX Companies, Inc. is the leading off-price retailer of apparel…

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