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Inditex donates EUR 1.2 million to humanitarian aid programmes in Nepal; to be channelled through Red Cross, Oxfam and Caritas

The donations will go to the Red Cross, Oxfam and Caritas, three of the organisations with the most professionals on the ground in Nepal Arteixo, Spain, 2015-4-28 — /EPR Retail News/ — Inditex will donate 1.2 million euros to humanitarian aid programmes in Nepal after the dramatic earthquake that hit the country on Saturday. This aid is channelled…
April 28, 20150Comments

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Financial Grocery Management Retail Retailer

Whole Foods Market events to raise more than $4.6 million for global poverty alleviation as part of Whole Planet Foundation’s 2015 Prosperity Campaign

AUSTIN, Texas, 2015-4-24 — /EPR Retail News/ — From concerts to craft fairs, shoppers took part in thousands of Whole Foods Market events to raise more than $4.6 million for global poverty alleviation. The events were all part of Whole Planet Foundation’s 2015 Prosperity Campaign to boost awareness and support for microlending projects worldwide. “Microcredit offers low-income individuals…
April 24, 20150Comments

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Starbucks Corporation reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended March 29, 2015

Comp Store Sales Rise 7% Globally; 7% in the Americas and 12% in CAP; Global Traffic Up 3% Net Revenues Rise 18% to a Q2 Record $4.6 Billion GAAP Operating Income Up 21% to a Q2 Record $778 Million; Non-GAAP Operating Income Up 23% to $789 Million Channel Development Revenues Up 16% and Operating Income…
April 24, 20150Comments

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Wincor Nixdorf AG presents its results for the first half of the current fiscal year 2014/2015; outlined details of the restructuring program

Paderborn, Germany, 2015-4-23 — /EPR Retail News/ — On presenting its results for the first half of the current fiscal year 2014/2015, Wincor Nixdorf AG outlined details of the restructuring program launched by the company. Prior to this, the company had already announced that it would fail to meet its original guidance issued for the current…
April 23, 20150Comments

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Business Financial Management Retail Retailer

X5 Retail Group announces that Moody’s Investors Service upgraded its credit rating to B1 from B2

Amsterdam, 2015-4-22 — /EPR Retail News/ — X5 Retail Group ("X5" or "the Company"), a leading Russian food retailer, announced today that the rating agency Moody’s Investors Service (“Moody’s”) upgraded the Company's credit rating (corporate family rating - CFR) to B1 from B2. The outlook on the rating is stable. “The upgrade of X5’s ratings to B1…
April 22, 20150Comments

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JPMorgan Asset Management Holdings now owns less than 3% of Delhaize Group’s voting rights

BRUSSELS, Belgium, 2015-4-22 — /EPR Retail News/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that the total shareholding of its subsidiaries crossed below the threshold of 3% of the shares issued by Delhaize Group SA…
April 22, 20150Comments

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Delhaize Group to announce its first quarter 2015 results on April 29, 2015

BRUSSELS, Belgium, 2015-4-21 — /EPR Retail News/ — Delhaize Group will announce its first quarter 2015 results (ended March 31, 2015) on Wednesday April 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 first quarter…
April 21, 20150Comments

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Ahold share buyback update: Ahold repurchased 1,179,305 Ahold common shares in the period from April 13, 2015 up to and including April 17, 2015

Zaandam, the Netherlands, 2015-4-20 — /EPR Retail News/ — Ahold has repurchased 1,179,305 Ahold common shares in the period from April 13, 2015 up to and including April 17, 2015. The shares were repurchased at an average price of € 18.6041 per share for a total consideration of € 21.94 million. These repurchases were made as part…
April 20, 20150Comments

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J. C. Penney Company, Inc. named one of America’s Best Employers for 2015 according to independent study organized by Forbes and Statista.com

PLANO, Texas, 2015-4-17 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) was recently named one of America’s Best Employers for 2015 according to an independent study organized by Forbes and Statista.com. The survey anonymously questioned 20,000 Americans on whether they would recommend their employer to potential employees, and was conducted through a variety of…
April 17, 20150Comments

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Children Financial Management Philanthropy Retail Retailer Sports Toys

Toys“R”Us® announces that its in-stores campaign across the U.S. to benefit Special Olympics raised more than $2 million

Company’s U.S. Shoppers Pledged Significant Support through In-Store and Online Fundraising to Help Ensure Youth of All Abilities Can Experience #MyFirstSportsMoment; Customer Donations Combined with Toys“R”Us Children’s Fund Grants Totaling Nearly $4 Million Aid Special Olympics World Games and Global Growth of Young Athletes™ Program; 100-Day Countdown to 2015 Special Olympics World Games Begins Today WAYNE,…
April 17, 20150Comments

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Target Corporation entered into Settlement Agreement with MasterCard International relative to the data breach Target experienced during Q4 2013

MINNEAPOLIS, 2015-4-16 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced that it has entered into a Settlement Agreement with MasterCard International Incorporated relative to the data breach that Target experienced during the fourth quarter of 2013. Under the agreement, alternative recovery offers will be made by MasterCard to eligible MasterCard issuers worldwide that issued…
April 16, 20150Comments

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NACS survey: low gas prices drive the optimism about the economy in majority of Americans

ALEXANDRIA, VA, 2015-4-15 — /EPR Retail News/ — A majority of Americans say they are optimistic about the economy and low gas prices are driving the optimism. Overall, 52% of Americans are optimistic about the economy, an eight-point jump from March. Those most optimistic are younger consumers ages 18-34 (58%) and those in the West (58), according to…
April 15, 20150Comments

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Apparel Business Fashion Financial Management Retail Retailer

The H&M Group reports 10 percent increase in sales including VAT and in local currencies in March 2015 vs. same month the previous year

STOCKHOLM, Sweden, 2015-4-15 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 10 percent in local currencies in March 2015 compared to the same month the previous year. The total number of stores amounted to 3,580 on 31 March 2015 versus 3,216 on 31 March 2014. Percentage sales development for the month of…
April 15, 20150Comments

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Business Financial Management Retail

National Retail Federation creates multimillion-dollar department within its organization focused on industry research

WASHINGTON, 2015-4-13 — /EPR Retail News/ — Today the National Retail Federation announced a multimillion-dollar investment to form a new department within the organization focusing on industry research. The Retail Research and Analysis Center will bring together all existing research within NRF and expand upon the wide range of issue areas and trends already studied.…
April 13, 20150Comments

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H&M launches shop online in Bulgaria, Bulgaria and Slovakia

STOCKHOLM, 2015-4-13 — /EPR Retail News/ — We are proud to announce that we successfully welcomed our Slovak, Hungarian and Bulgarian customers to a new and extended online experience on April 9th. H&M’s Shop Online will offer the same collections online as in-store giving customers access to a wide range of clothing and accessories including ladies,…
April 13, 20150Comments

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Financial Management Philanthropy Retail Retailer

UN refugee agency UNHCR thanks IKEA customers and co-workers for supporting ‘Brighter Lives for Refugees’

Conshohocken, PA, 2015-4-13 — /EPR Retail News/ — UNHCR, the UN refugee agency, thanks IKEA customers and co-workers for supporting ‘Brighter Lives for Refugees’, a global cause-related campaign that raised $11.6 million* for refugees this year. In just the US, IKEA raised over $1 million and sold 1,031,275 LEDARE bulbs. The campaign ran in IKEA stores…
April 13, 20150Comments

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Standard and Poor’s rating agency upgraded X5 Retail Group’s credit rating from “В+” to “ВB-” with a stable outlook

Amsterdam, 2015-4-13 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), announces that the Standard and Poor’s rating agency upgraded the Company's credit rating from "В+" to "ВB-" with a stable outlook. In the report, S&P noted considerable improvements in the Company's 2014 operating…
April 13, 20150Comments

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Whole Foods Market partners with Austin-based BeeSweet Lemonade as the newest recipient of its Local Producer Loan Program

Young entrepreneur and recent ‘Shark Tank’ contestant receives low-interest loan from national grocer AUSTIN, Texas, 2015-4-9 — /EPR Retail News/ —  Whole Foods Market is partnering with Austin-based BeeSweet Lemonade, founded by 10-year-old Mikaila Ulmer, as the newest recipient of a low-interest loan through the company’s Local Producer Loan Program. Ulmer’s high-quality lemonade, made with mint,…
April 9, 20150Comments

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Rite Aid Corporation reports its operating results for its fourth quarter and fiscal year ended February 28, 2015

•   Fourth Quarter Net Income of $1.835 Billion and Net Income per Diluted Share of $1.79, Compared to the Prior Year's Fourth Quarter Net Income of $55.4 Million and Net Income per Diluted Share of $0.06 •   Full Year Net Income of $2.109 Billion and Net Income per Diluted Share of $2.08, Compared to the Prior…
April 9, 20150Comments

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Klépierre successfully issued 8-year EUR 750 million bond maturing April 17, 2023

PARIS, 2015-4-9 — /EPR Retail News/ — Klépierre announces that it successfully issued today a 8-year, 750 million euro bond maturing April 17, 2023. The bond was priced at a 65 bps margin above the swap rate which translates into a coupon of 1.0%. Oversubscribed 4.5 times, the notes were quickly placed after launch with…
April 9, 20150Comments

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Co-operative Group results for the 52 weeks ended 3 January 2015: robust performances in Food and Funerals, offset by losses in General Insurance

MANCHESTER, 2015-4-9 — /EPR Retail News/ — Final results for Co-operative Group Limited for the 52 weeks ended 3 January 2015 Financial Highlights*: Group revenue of £9.4bn (2013: £9.7bn) Core Food convenience business delivers like-for-like sales increase of 3.2%, with like-for-like sales up 0.4% overall for the Food business Group underlying operating profit** £172m (2013: £177m), reflecting robust performances…
April 9, 20150Comments

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Harris Teeter to close its four Nashville-area stores and sell three of them to Kroger Nashville Division

Matthews, N.C., 2015-4-9 — /EPR Retail News/ — After careful consideration and strategic market review, Harris Teeter announced today that it will close its four Nashville-area stores and sell three of them to Kroger Nashville Division. The Harris Teeter stores included in the sale are: Hillsboro Village located at 2201 21st Ave S in Nashville, Tenn. Peartree Village located…
April 9, 20150Comments

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Financial Grocery Management Retail Retailer

Hy-Vee, Inc. awarded 130 One Step Garden Grants totaling $52,000 to community organizations

Sales of One Step Russet Potatoes provide grants for 130 community gardens. WEST DES MOINES, Iowa, 2015-4-8 — /EPR Retail News/ — Hy-Vee, Inc. has awarded 130 One Step Garden Grants totaling $52,000 to community organizations and Hy-Vee stores this spring as part of the Hy-Vee One Step program. The $400 grants will be used to purchase seeds, plants,…
April 8, 20150Comments

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Starbucks: sales of Teavana® Oprah Chai raised $5 million for youth organizations in the U.S. and Canada

Continuing Its Long-term Commitment to Provide Pathways to Opportunity for Young People, Starbucks Makes a Donation from Each Cup of Teavana® Oprah Chai to Benefit Youth Organizations Including Girls Inc., National CARES Mentoring Movement, Pathways to College and U.S. Dream Academy With the Purchase of Every Teavana® Oprah Cinnamon Chai Latte, April 9-11 from 2-5…
April 7, 20150Comments

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Delhaize Group discloses information about the acquisition of treasury shares

BRUSSELS, Belgium, 2015-4-6 — /EPR Retail News/ — Delhaize Group discloses information with respect to the acquisition of treasury shares in accordance with Belgian law. Delhaize Group has recently acquired the following number of shares on Euronext Brussels pursuant to a share buy-back program with a Belgian credit institution for the purchase of Delhaize Group shares in…
April 6, 20150Comments

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Ahold updates on its share buyback program from March 30, 2015 up to and including April 3, 2015

Zaandam, the Netherlands, 2015-4-6 — /EPR Retail News/ — Ahold has repurchased 120,000 Ahold common shares in the period from March 30, 2015 up to and including April 3, 2015. The shares were repurchased at an average price of € 18.4048 per share for a total consideration of € 2.21 million. These repurchases were made as part…
April 6, 20150Comments

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Rite Aid Corporation announces March sales results; 4.3 percent up over the prior-year period

CAMP HILL, Pa., 2015-4-6 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for March. Monthly Sales  For the four weeks ended March 28, 2015, same store sales increased 4.3 percent over the prior-year period. March front-end same store sales increased 2.5 percent. Pharmacy same store sales, which included an approximate 167 basis points…
April 6, 20150Comments

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Business Financial Grocery Retail Retailer

Meijer to invest $50M in extensive remodel projects for four supercenters in Kettering, Miami Township, Englewood and Beavercreek

Extensive remodeling project for four Meijer stores will feature intuitive store design along with expanded food, apparel selections GRAND RAPIDS, Mich., 2015-4-6 — /EPR Retail News/ — In an effort to further enhance its customer shopping experience, Meijer will invest nearly $50 million in extensive remodel projects for four supercenters located in Kettering, Miami Township, Englewood and…
April 6, 20150Comments

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MARKS AND SPENCER QUARTER 4 2014/15: Food outperformed the market; General Merchandise performance improved

MARKS AND SPENCER GROUP PLC QUARTER 4 2014/15 TRADING STATEMENT 13 WEEKS TO 28 MARCH 2015 LONDON, 2015-4-4 — /EPR Retail News/ — ‘Food outperformed the market; General Merchandise performance improved’ Marks & Spencer continued to make strong progress against its four priorities for the year: 1) Food business outperformed the market Another strong performance in a difficult market: sales +3.7%; LFL…
April 4, 20150Comments

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Tesco and Children’s Food Trust partner to expand network of children’s ‘Let’s Get Cooking’ clubs

Children’s Food Trust joins forces with Tesco in new deal worth almost £5 million to expand network of children’s ‘Let’s Get Cooking’ clubs New clubs will be concentrated in disadvantaged areas and the number of clubs will be expanded by a third Cheshunt, England, 2015-4-3 — /EPR Retail News/ — The Children’s Food Trust has…
April 3, 20150Comments

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