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Financial

Wincor Nixdorf to host free webinar with ATM Marketplace on February 10

Wincor Nixdorf’s Terence Devereux and ATM Marketplace Editor Suzanne Cluckey present the Best Practices for implementing a multi-layered Approach to Software Security Paderborn, Germany, 2015-2-9 — /EPR Retail News/ — Wincor Nixdorf today announced that it is hosting a free webinar with ATM Marketplace on February 10 at 4:00 pm CET. This event will discuss the…

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X5 Retail Group: Fitch Ratings assigned the Company Long-term foreign and local currency Issuer Default Ratings of ‘BB’

Amsterdam, 2015-2-9 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today that Fitch Ratings (‘Fitch’) has assigned the Company Long-term foreign and local currency Issuer Default Ratings of 'BB' and a National Long-term Rating of ‘AA-(rus)’. The Outlooks for both ratings are…

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Co-operative Food stores across Wales to stock new range of longer-life reusable carrier bags to raise bags more cash for good causes

MANCHESTER, UK, 2015-2-6 — /EPR Retail News/ — The Co-operative Food pledges to reinvest the profits from its entire carrier bag range in Wales to good causes. A move that is in addition to the money raised by The Co-operative through the existing statutory 5p charge on single-use bags, which is supporting conservation programmes in Wales. Co-operative Food…

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Target Corporation to webcast its meeting with the financial community on March 3

MINNEAPOLIS, 2015-2-5 — /EPR Retail News/ — Target Corporation (NYSE:TGT) will webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time. Investors and others are invited to access the presentations and Q&A session online on the Events & Presentations section of Target.com/Investors. The webcast will be…

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MAXIMA GRUPĖ reports of EUR 2,583 billion Turnover in 2014; 2.5% up compared to 2013

Vilnius, Lithuania, 2015-2-5 — /EPR Retail News/ — Last year the consolidated turnover of the company “MAXIMA GRUPĖ” was EUR 2,583 billion without VAT, and grew 2.5 percent as compared with 2013. The retail chains belonging to the company in the Baltics, Poland, and Bulgaria focused on increasing the competitiveness and more effective organization of operations. 17…

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JPMorgan Asset Management Holdings Inc. shareholding in Delhaize Group crossed the threshold of 3%

BRUSSELS, Belgium, 2015-2-4 — /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 certain of its subsidiaries crossed the threshold of 3% of the shares issued by Delhaize Group…

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Co-op donation supports the people left homeless after a fire destroyed a South Regina apartment complex

Alberta, Canada, 2015-2-4 — /EPR Retail News/ — Co-op is donating $10,000 to the Canadian Red Cross in support of 30 people left homeless after a fire destroyed a South Regina apartment complex in early January. Sherwood Co-op is donating $5,000 to the Red Cross, which is helping provide food, clothing and shelter to those affected…

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Tesco to pay the liquidated damages contractually due to Philip Clarke and Laurie McIlwee under their separation agreements as former directors of the Company

Cheshunt, England, 2015-2-3 — /EPR Retail News/ — Tesco confirms that it has agreed to pay the liquidated damages contractually due to Philip Clarke (£1,217,000) and Laurie McIlwee (£970,880) under their separation agreements as former directors of the Company (the “Payments”). At the time of the Company's last interim results, it was noted that the Payments…

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Wincor-Nixdorf: Russia’s leading provider of online retail financial services Tinkoff Bank selected IRIS Analytics’ fraud prevention solution

Paderborn, Germany, 2015-1-30 — /EPR Retail News/ — Tinkoff Bank, Russia’s leading provider of online retail financial services and one of the largest credit card issuers in the country with 4.8 million cards issued, has selected IRIS Analytics’ fraud prevention solution, IRIS, as its central fraud prevention system for all payment channels. This includes acquiring, issuing,…

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The IKEA Group reports EUR 3.3 billion net income for the financial year 2014

Conshohocken, PA, 2015-1-30 — /EPR Retail News/ — The IKEA Group net income amounted to EUR 3.3 billion ($3.7 billion US)* for the financial year 2014**. Market conditions continued to improve with strong performance in China and North America, and an upward trend in Europe. There were 716 million visits to the IKEA Group stores and more…

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Delhaize Group discloses information for the acquisition of treasury shares in off-exchange transaction

BRUSSELS, Belgium, 2015-1-29 — /EPR Retail News/ — Delhaize Group discloses the information with respect to the acquisition of treasury shares required under the article 207 of the Royal Decree of January 30, 2001 implementing the Belgian Companies Code. Delhaize Group acquired the following number of shares in an off-exchange transaction pursuant to a share buy-back program…

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Apple® announced highest-ever revenue & earnings drive 48% increase in EPS for its fiscal 2015 first quarter ended December 27, 2014

Highest-ever revenue & earnings drive 48% increase in EPS Growth led by record revenue from iPhone, Mac & App Store CUPERTINO, California, 2015-1-28 — /EPR Retail News/ — Apple® today announced financial results for its fiscal 2015 first quarter ended December 27, 2014. The Company posted record quarterly revenue of $74.6 billion and record quarterly net profit…

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Delhaize Group announces 3.9% revenue growth in its full year preliminary and unaudited 2014 results

BRUSSELS, Belgium, 2015-1-26 — /EPR Retail News/ — Delhaize Group announces 3.9% revenue growth in its full year preliminary and unaudited 2014 results Full Year preliminary and unaudited 2014 Results at actual exchange rates(1) » Group revenue growth of 3.9% at identical exchange rates including the 53rd week in the U.S. » Group revenue growth of 2.6% at…

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Starbucks Corporation reports its financial results for its 13-week fiscal first quarter ended December 28, 2014

Strong Holiday Performance Drives 5% Global Comp Growth, Global Traffic Increases 2% Revenues rise 13% to a record $4.8 billion; EPS of $1.30 includes a gain on the acquisition of Starbucks Japan Record non-GAAP EPS jumps 16% to $0.80 excluding non-routine items Dollars loaded on Starbucks Cards surge 17% year-over-year to a record $1.6 billion…

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Wincor Nixdorf: Sparkasse Fürth realized significant savings with its self-service park of 32 CINEO C4060/5 and C4060/8 devices

Paderborn, Germany, 2015-1-22 — /EPR Retail News/ — Just four years after introducing Wincor Nixdorf's CINEO recycling technology across the board, Sparkasse Fürth can look back on positive results. Thanks to more efficient processes, the bank has realized significant savings with its self-service park of 32 CINEO C4060/5 and C4060/8 devices in 22 of its 27…

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Family Dollar shareholders approved Dollar Tree Merger

  Family Dollar Shareholders Vote to Approve Dollar Tree Merger Transaction Creates Leading Discount Retailer with More Than 13,000 Stores and Annual Sales Exceeding $18 Billion Completion of Transaction Expected as Early as March 2015   CHESAPEAKE, VA, 2015-1-22 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling…

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The National Retail Federation expressed disappointment at the U.S. Supreme Court’s ruling on swipe fees

WASHINGTON, 2015-1-21 — /EPR Retail News/ — The National Retail Federation today expressed disappointment at the U.S. Supreme Court’s announcement that it would not review an appellate court ruling on whether the Federal Reserve set a 2011 cap on debit card swipe fees higher than the level sought by Congress in legislation passed the year before. “The…

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Target Corporation declares quarterly dividend of 52 cents per common share

MINNEAPOLIS, 2015-1-16 — /EPR Retail News/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 52 cents per common share. The dividend is payable March 10, 2015 to shareholders of record at the close of business February 18, 2015. The 1st quarter dividend will be the company’s 190th consecutive dividend paid…

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Preliminary METRO GROUP sales in Q1 2014/15 grew by 2.6% compared to the previous year quarter

Group sales up by 2.1% in like-for-like terms; 2.6% increase in sales adjusted for currency effects and portfolio changes Christmas business overall positive METRO Cash & Carry records like-for-like sales growth of 1.4%; noticeable growth in Eastern Europe and Asia Media-Saturn grows like-for-like by 3.8% Real with like-for-like sales growth of 0.9% Düsseldorf, Germany, 2015-1-15 — /EPR…

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Rite Aid Corporation announced the completion of an amendment and extension of its existing senior secured credit facility

CAMP HILL, Pa., 2015-1-14 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced the completion of an amendment and extension of its existing senior secured credit facility, including an increased borrowing capacity of up to $3.0 billion, or up to $3.7 billion when the company repays its 8.00% Senior Secured Notes due 2020 in…

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Wincor Nixdorf and Dutch service provider Jutten Simulation announce partnership over cashiers training at NRF, New York

Paderborn, Germany, 2015-1-14 — /EPR Retail News/ — Wincor Nixdorf, a global leader in the provision of IT solutions for banks and retailers, is establishing a cooperation with the Dutch service provider Jutten Simulation, a specialist in the development of online training programs for retail employees. The two companies signed their partnership agreement at NRF,…

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Toys“R”Us, Inc. reported an increase in gross margin dollars for the year-to-date and holiday periods compared to the prior year as a result of the its improved promotional and pricing strategy

WAYNE, NJ, 2015-1-12 — /EPR Retail News/ — Toys“R”Us, Inc. today reported its comparable store net sales and gross margin results for the year-to-date and nine-week holiday periods ended January 3, 2015. Antonio Urcelay, Chairman of the Board of Directors and Chief Executive Officer, Toys“R”Us, Inc., said, “I am pleased with our year-to-date performance and the actions we have…

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Klépierre S.A. declared its previously announced recommended public exchange offer for all of Corio’s issued and outstanding ordinary shares unconditional

Not to be disseminated in Canada or Japan This is a joint press release by Klépierre S.A. ("Klépierre") and Corio N.V. ("Corio") pursuant to Section 16 Paragraph 1 and Section 17 Paragraph 1 of the Netherlands Decree on Public Takeover Bids (Besluit Openbare Biedingen Wft) in connection with the public exchange offer by Klépierre for all the issued…

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Gap Inc. reports net sales up 4 percent and comparable sales positive 3 percent for the holiday shopping season

SAN FRANCISCO, 2015-1-9 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that net sales were up 4 percent and comparable sales were positive 3 percent for the November and December 2014 holiday shopping season, compared with last year. “During November and December, we were pleased to achieve a positive 3 comp, led by Old Navy…

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Marks and Spencer Group Q3 update: Food business delivered another excellent quarter, significantly outperforming the market by c.3% pts

‘Very good Christmas in Food, difficult quarter in GM’ LONDON, 2015-1-8 — /EPR Retail News/ — Marks & Spencer made good progress in three of its four key priorities for the year: 1) Food growth Great quarter with strong outperformance of the market: sales +2.8%; +0.1% LFL Record sales, +17% in the key Christmas week New stores performing well…

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Starbucks Corporation to release its first quarter fiscal 2015 financial results after the market close on Thursday, January 22, 2015

SEATTLE, 2015-1-8 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal 2015 financial results after the market close on Thursday, January 22, 2015, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay…

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Harris Teeter donates $270,926.70 to schools this month through Together in Education (TIE)

Together in Education Program gives more than $21.5 Million since 1998 Matthews, NC, 2015-1-7 — /EPR Retail News/ — Harris Teeter announced today that it is donating $270,926.70 to schools this month through Together in Education (TIE), Harris Teeter’s fundraising program for schools in its communities. Since 1998, TIE has donated more than $21.5 million to…

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Sainsbury’s Q3 total retail sales down 2.5 per cent (inc fuel); 29.5 million customer transactions in the 7 days before Christmas

LONDON, 2015-1-7 — /EPR Retail News/ — Good sales performance in a tough market. Download related material Download related images Total Retail sales for third quarter down 0.4 per cent (excl fuel), down 2.5 per cent (inc fuel) Like-for-like Retail sales for third quarter down 1.7 per cent (excl fuel), down 3.9 per cent (inc…

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Kingfisher plc to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for £140 million

LONDON, 2014-12-23 — /EPR Retail News/ — Kingfisher plc, Europe's leading home improvement retailer, today announces a binding agreement to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for a total cash consideration of £140 million. The agreement follows Kingfisher’s previous announcement of its plans to look for a…

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Walgreen Co. intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA”

Company intends to delist and deregister common stock from NYSE and CHX DEERFIELD, Ill., 2014-12-22 — /EPR Retail News/ — Walgreen Co. (NYSE: WAG) (Nasdaq: WAG) announced today that it intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA” following the…

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