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Starbucks invested more than $3.7 million in Origin Community Grants in 2014 to help support coffee farming communities

SEATTLE, 2015-4-3 — /EPR Retail News/ — In 2014, Starbucks invested more than $3.7 million in Origin Community Grants to help support the health and stability of coffee farming communities. Here’s how Starbucks began its journey with origin grantee Heifer International. When Howard Schultz, Starbucks chairman and chief executive officer, traveled to the hills of northern Rwanda…
April 3, 20150Comments

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Business Financial Management Retail Retailer

Target Canada Co. will complete its inventory liquidation efforts and close the last of its 133 Canadian retail stores to the public on April 12

MINNEAPOLIS, 2015-4-2 — /EPR Retail News/ — This morning, Target Canada Co. announced that it will complete its inventory liquidation efforts and close the last of its 133 Canadian retail stores to the public on April 12.  In addition, Target Canada’s three distribution centres and Mississauga headquarters have been closed.  Liquidator-led fixture sales will continue in…
April 2, 20150Comments

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Wincor Nixdorf takes the Android-based payment terminal Albert global, following successful launch in Australia

Paderborn, Germany, 2015-4-1 — /EPR Retail News/ —  Wincor Nixdorf has been working with Commonwealth Bank of Australia in implementing an innovative payment solution today on the Australian market, which will significantly improve the world of electronic payments. Albert, as the payment tablet is called, was jointly developed by Wincor Nixdorf, Commonwealth Bank and the design…
April 1, 20150Comments

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Ingles Markets, Incorporated announces cash dividend of $0.165 per share on all its Class A Common Stock

ASHEVILLE, N.C., 2015-4-1 — /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 $0.60…
April 1, 20150Comments

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Business Financial Management Retail Retailer

SM Investments Corporation marked its 10th year as publicly-listed company in the Philippine Stock Exchange

Pasay City, Philippines, 2015-3-31 — /EPR Retail News/ — SM Investments Corporation (SM) today marked its 10th year as a publicly-listed company in the Philippine Stock Exchange. SM listed on March 22, 2005 with an adjusted price of PHP 191 per share. As of March 26, SM closed at PHP888 apiece, representing a growth of 365%. In his…
March 31, 20150Comments

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Business Financial Home & Garden Home Decor Management Retail Retailer

Kingfisher preliminary results for the year ended 31 January 2015: Sales up 2.9%; UK & Ireland +5.5%

LONDON, 2015-3-31 — /EPR Retail News/ — Sales up 2.9%, adjusted pre-tax profit of £675m, down 7.5%. New CEO outlines plans to organise Kingfisher very differently and announces her first ‘sharp’ decisions on the journey to ‘ONE’ Kingfisher 2014/15 Financial overview: % Total Change % Total Change % LFL* Change 2014/15 2013/14 Reported Constant currency Constant currency Sales* £10,966m £11,125m (1.4)% +2.9% +0.5% Retail profit* £733m £779m (5.9)% (1.6)% Adjusted*…
March 31, 20150Comments

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Ahold share buyback update: Ahold repurchased 728,000 Ahold common shares in the period from March 23, 2015 up to and including March 27, 2015

Zaandam, the Netherlands, 2015-3-30 — /EPR Retail News/ — Ahold has repurchased 728,000 Ahold common shares in the period from March 23, 2015 up to and including March 27, 2015. The shares were repurchased at an average price of € 18.0444 per share for a total consideration of € 13.14 million. These repurchases were made as part of…
March 30, 20150Comments

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Business Financial Food & Beverage Grocery Management Retail Retailer

Tesco to pay 30.93ppl to its British dairy farmers for milk from 1 May

Cheshunt, England, 2015-3-30 — /EPR Retail News/ — Tesco has today confirmed the new price it will pay its British dairy farmers for milk. Following the regular 6-monthly review of production costs, the new price Tesco will pay for milk from 1 May, will be 30.93ppl*. Set up in 2007, the TSDG comprises around 600 farmers…
March 30, 20150Comments

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Starbucks the first major company to support Pike Place MarketFront Expansion Project

SEATTLE, 2015-3-30 — /EPR Retail News/ — Lillian Hochstein leaves the bustle of Seattle’s historic Park Place Market behind her and steps outside. She surveys Elliott Bay in the distance, raising her voice to be heard above traffic racing north and south on the double-deck Alaskan Way Viaduct that impedes the view of the waterfront. The…
March 30, 20150Comments

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H & M Hennes & Mauritz AB releases its Annual Report for the financial year 2014

STOCKHOLM, SWEDEN,  2015-3-27 — /EPR Retail News/ — H & M Hennes & Mauritz AB’s Annual Report for the financial year 2014 is available starting today on the company’s website, www.hm.com and will be sent out by post to shareholders that have so requested and will also be available at the company’s head office. Contact persons: Nils…
March 27, 20150Comments

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Wegmans Food Market to contribute $250,000 in scholarship opportunities over the next five years at Johnson & Wales University

PROVIDENCE, RI, 2015-3-26 — /EPR Retail News/ — Wegmans Food Market, a family-owned, 85-store supermarket chain, recently pledged to contribute $250,000 in scholarship opportunities over the next five years at Johnson & Wales University (JWU). Full-time students enrolled in the JWU College of Culinary Arts at the Providence, R.I. campus will be eligible for a Wegmans Scholarship…
March 26, 20150Comments

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Ahold repurchased 394,244 Ahold common shares in the period from March 16, 2015 up to and including March 20, 2015

Zaandam, the Netherlands, 2015-3-26 — /EPR Retail News/ —Ahold has repurchased 394,244 Ahold common shares in the period from March 16, 2015 up to and including March 20, 2015. The shares were repurchased at an average price of €18.2141 per share for a total consideration of €7.18 million. These repurchases were made as part of the €500…
March 26, 20150Comments

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Auchan expresses its total disagreement with Hungarian Competition Office’s EUR 3.5 million fine

The Hungarian Competition Office (GVH) fined Auchan Hungary nearly €3.5 million for abuse of its market position. An accusation that strongly denies the firm. Budapest, Hungary, 2015-3-26 — /EPR Retail News/ — Auchan Hungary was informed on March, 23 of the Hungarian Competition Office (GVH) to be fined HUF1.061 billion (i.e. nearly €3.5 million). "Auchan expresses its total disagreement with the arguments used by this Office…
March 26, 20150Comments

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H&M group’s sales incl. VAT increased by 15 percent during the first quarter (1 December 2014 – 28 February 2015)

STOCKHOLM, SWEDEN, 2015-3-25 — /EPR Retail News/ — First quarter (1 December 2014 — 28 February 2015) Well-received collections for all brands in the H&M group resulted in good sales and increased market share. The H&M group’s sales including VAT increased in local currencies by 15 percent during the first quarter. Converted into SEK, sales excluding VAT…
March 25, 20150Comments

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Business Financial Malls Management Retail

Equity One, Inc. calls for redemption all of its 5.375% senior notes due October 2015 in an aggregate outstanding principal amount of $107.5 million

New York, NY, 2015-3-25 — /EPR Retail News/ — Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today that it is calling for redemption all of its 5.375% senior notes due October 2015 (the “5.375% Notes”), in an aggregate outstanding principal amount of $107.5 million, with a redemption date of…
March 25, 20150Comments

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Kimco Realty Corp. announces its public offering of $350 million notes due 2045

NEW HYDE PARK, N.Y., 2015-3-24 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced its public offering of $350 million notes due 2045 at a coupon of 4.25% per annum with an effective yield of 4.313%, maturing April 1, 2045. The company intends to use the net proceeds of approximately $342.7 million…
March 24, 20150Comments

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Business Electronics Financial Management Retail Retailer

GOME Electrical Appliances Holding Limited announces the Group’s audited consolidated results for the year ended 31 December 2014

Core Financial Indicators Exceed Industry Average for Eight Consecutive Quarters E-commerce Business Grew Rapidly with GMV Doubled in Q4 Business Model Upgrade to Total Retail Company to Build Another GOME by 2017 • GOME achieved industry leading results with core financial indicators for eight consecutive quarters: 1. 2014 Sales revenue up 7.0% y-o-y to RMB60.36 billion with…
March 24, 20150Comments

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Rite Aid Corporation to offer $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 to fund its acquisition of EnvisionRx

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today the terms of an offering of $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 (the "Notes"). Rite Aid intends to use the net proceeds of the offering, together with other available cash, to fund the cash portion…
March 20, 20150Comments

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Rite Aid Corporation to release financial results for its Fiscal 2015 Fourth Quarter ended Feb. 28, 2015 on Apr. 8, 2015

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2015 Fourth Quarter, which ended Feb. 28, 2015, on Wednesday, Apr. 8, 2015. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid's management team.…
March 20, 20150Comments

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Toys“R”Us, Inc. to hold presentation for the investment community on March 24

WAYNE, NJ, 2015-3-20 — /EPR Retail News/ — Toys“R”Us, Inc. today announced that it will hold a presentation for the investment community on Tuesday, March 24 at 1:30pm ET, hosted by Antonio Urcelay, Chairman and CEO, Toys“R”Us, Inc., Hank Mullany, President, Toys“R”Us, U.S., and Mike Short, Chief Financial Officer, Toys“R”Us, Inc. During the event, executives will…
March 20, 20150Comments

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Business Financial Food & Beverage Management Retail Retailer

Starbucks Corporation’s Board of Directors declared two-for-one stock split; trading on a split-adjusted basis begins on April 9, 2015

Infographic SEATTLE, 2015-3-20 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has declared a two-for-one stock split. Shareholders of record as of March 30, 2015 will receive one additional share for each share held on the record date. The new shares will be payable on April 8, 2015. Starbucks common stock will…
March 20, 20150Comments

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Starbucks AGM: record financial results as the company heads toward achieving a $100 billion market cap

Reaffirms Seven Strategies to Grow Market Cap to $100 Billion Previews New Delivery Options through “Green Apron” Delivery Service to Debut in New York City; Announces Third-Party Delivery Through Agreement with Postmates Continues to Double Down on Investments in its People, Including $233 Million in Healthcare Benefits and $210 Million in Bean Stock in FY14…
March 20, 20150Comments

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AT&T, ExxonMobil, Macy’s, Nationwide, Rite Aid, Direct Energy and Hulu join American Express to launch first U.S.-based coalition loyalty program Plenti

Debuting in Spring, Plenti Will Let Consumers Earn and Use Points across a Range of Well-Known Brands in Different Industries NEW YORK, 2015-3-19 — /EPR Retail News/ — AT&T, ExxonMobil, Macy's, Nationwide, Rite Aid, Direct Energy and Hulu are joining with American Express to launch Plenti, the first U.S.-based coalition loyalty program with well-known brands where…
March 19, 20150Comments

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Sainsbury’s Q4 CSR Update: Commitment to sourcing with integrity reinforced through Dairy Development Group Cost of Production model

LONDON, 2015-3-17 — /EPR Retail News/ — Commitment to sourcing with integrity reinforced through Sainsbury’s Dairy Development Group Cost of Production model Our values Sainsbury’s 20x20 Sustainability Plan Download related images Announced on Red Nose Day that our customers, colleagues and suppliers helped to raise £11.5 million for Comic Relief, with further funds still due to…
March 17, 20150Comments

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Harris Teeter donates $100,000 to 20 local elementary, middle and high schools to encourage active lifestyles among students

Company to Give $5,000 to 20 North, South Carolina Schools MATTHEWS, NC, 2015-3-17 — /EPR Retail News/ — Today, Harris Teeter announced it will donate $100,000, in increments of $5,000, to 20 local elementary, middle and high schools in an effort to encourage active lifestyles among students. Through this partnership, the company worked each school’s administration teams to…
March 17, 20150Comments

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BRC Director General Helen Dickinson comments on the announcement that the Government will examine the structure of the current business rates system

LONDON, 2015-3-16 — /EPR Retail News/ — Commenting on today's announcement that the Government will examine the structure of the current business rates system Helen Dickinson, British Retail Consortium Director General, said: "We very much welcome this further announcement of a complete review of the business rates system. This is, after all, a system that acts…
March 16, 20150Comments

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Ahold repurchased 753,700 Ahold common shares in the period from March 9, 2015 up to and including March 13, 2015

Zaandam, the Netherlands, 2015-3-16 — /EPR Retail News/ — Ahold has repurchased 753,700 Ahold common shares in the period from March 9, 2015 up to and including March 13, 2015. The shares were repurchased at an average price of €18.0311 per share for a total consideration of €13.59 million. These repurchases were made as part of the…
March 16, 20150Comments

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The H&M Group reports 15% sales increase including VAT in local currencies in February 2015 vs last year’s same month

The H&M Group’s sales including VAT increased by 15 percent in local currencies in February 2015 compared to the same month the previous year. STOCKHOLM, SWEDEN, 2015-3-16 — /EPR Retail News/ — In the first quarter, i.e. 1 December 2014 to 28 February 2015, sales increased by 15 percent including VAT in local currencies compared to the…
March 16, 20150Comments

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Business Financial Malls Management Retail Retailer

Klépierre acquires 70 000 sq.m. shopping center located in Madrid, Pleniliunio

PARIS, 2015-3-16 — /EPR Retail News/ — Klépierre signed an agreement to acquire 100% of Plenilunio from an entity 100% indirectly owned by the Orion European Real Estate Fund III C.V., a real estate fund sponsored by Orion Capital Managers. Pleniliunio is a leading 70 000 sq.m. shopping center located in Madrid. With a large…
March 16, 20150Comments

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CBRE Group’s senior secured bank credit facility and senior unsecured ratings raised to Investment Grade (Baa3) by Moody’s Investors Service

Los Angeles, CA, 2015-3-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Moody's Investors Service has raised the Company’s senior secured bank credit facility and senior unsecured ratings to Investment Grade (Baa3), with a stable outlook. In making the upgrade, the Moody’s analysis cited CBRE’s conservative capital structure, sound financial policy and increased contractual…
March 12, 20150Comments

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