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Financial

Tesco customers vote for the beneficiaries of £1.8 million set to be raised from carrier bag charges in Wales and Scotland

An incredible 27,000 Tesco customers vote for which charities will partner with Tesco for Scotland and Wales Winning charities Keep Scotland Beautiful and Keep Wales Tidy will use the money to fund environmental and conservation projects Cheshunt, England,  2014-9-2 — /EPR Retail News/ —  Just over 27, 000 Tesco customers have taken part in a vote…

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Belk, Inc., announces operating results for its fiscal second quarter and six months ended August 2, 2014

Comparable store sales and net income increase Online sales grow 43.1 percent CHARLOTTE, N.C., 2014-9-1 — /EPR Retail News/ —  Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for its fiscal second quarter and six months ended August 2, 2014. Tim Belk, chairman and chief executive officer of…

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AHOLD REPURCHASED 1,300,492 AHOLD COMMON SHARES FOR € 16.78 MILLION BETWEEN AUGUST 25 AND AUGUST 29, 2014

Zaandam, the Netherlands, 2014-9-1 — /EPR Retail News/ —  Ahold has repurchased 1,300,492 Ahold common shares in the period from August 25, 2014 up to and including August 29, 2014. The shares were repurchased at an average price of € 12.8991 per share for a total consideration of € 16.78 million. These repurchases were made as part of…

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Philippines: SM Prime Holdings, Inc. upsized its retail bond issue to PHP20 billion due to the strong demand from both retail and institutional investors

Pasay City, Philippines, 2014-9-1 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) has upsized its retail bond issue to Php20 billion from the initial size of Php15 billion due to the strong demand from both retail and institutional investors. This is SMPH’s maiden offering of retail bonds in the public market. The issue consists of the 5.1000% Series…

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Toys“R”Us, Inc reports financial results for the second quarter ended August 2, 2014

Adjusted EBITDA was $81 million for the quarter, an increase of 9.5% compared to the prior year period; Total net sales for the quarter increased by $63 million or 2.7%, driven by comparable store net sales growth of 1.5% domestically and 2.5% internationally WAYNE, NJ, 2014-9-1 — /EPR Retail News/ —  Toys“R”Us, Inc. today reported financial results for…

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AHOLD REPURCHASED 785,209 AHOLD COMMON SHARES FOR € 10.25 MILLION BETWEEN AUGUST 18 AND AUGUST 22, 2014

Zaandam, the Netherlands, 2014-8-26 — /EPR Retail News/ — Ahold has repurchased 785,209 Ahold common shares in the period from August 18, 2014 up to and including August 22, 2014. The shares were repurchased at an average price of € 13.0533 per share for a total consideration of € 10.25 million. These repurchases were made as part…

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GOME Electrical Appliances Holding Limited announces the Group’s unaudited consolidated results for the six months ended 30 June 2014

Core Financial Indicators Exceed Industry Average for Six Consecutive Quarters E-commerce Business Enters Period of Rapid Growth Acceleration of Omni-Channel Strategy; Company to Build Another GOME by 2017 Results summary: GOME achieved excellent results in core financial indicators for six consecutive quarters: 1. Sales revenue up for six consecutive quarters y-o-y, 2014 1H up 7.4% y-o-y to…

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Toys“R”Us® raised over $2.2 million during its fourth consecutive nationwide fundraising and awareness campaign to benefit Alex’s Lemonade Stand Foundation (ALSF)

#Stir4ACure Initiative Encouraged Customers to Show Their Support and Helped Raise Awareness in the Fight Against Childhood Cancer Wayne, NJ, 2014-8-21 — /EPR Retail News/ —  Toys“R”Us® today announced that it raised more than $2.2 million during its fourth consecutive nationwide fundraising and awareness campaign benefiting Alex’s Lemonade Stand Foundation (ALSF), a nonprofit organization dedicated to finding a cure…

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Target Corporation reported Q2 adjusted earnings per share of $0.78 and GAAP earnings per share of $0.37

Minneapolis, 2014-8-21 — /EPR Retail News/ — Adjusted EPS of $0.78 and GAAP EPS of $0.37, Consistent with August 5 Update Target’s digital sales, including flexible fulfillment, grew more than 30 percent in the second quarter, approximately double the industry growth rate. Second quarter U.S. Segment transactions declined 1.3 percent, an improvement of onepercentage point compared with the first…

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Dollar Tree, Inc. reported 9.5% sales increase to $2.03 billion in its results for the second fiscal quarter ended August 2, 2014

Sales increased 9.5% to $2.03 billion Comparable store sales increased 4.5% Diluted EPS, including acquisition-related costs, increased 5.4% to $0.59 Excluding acquisition-related costs, diluted EPS increased 8.9% to $0.61 CHESAPEAKE, Va., 2014-8-21 — /EPR Retail News/ —  Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores selling everything for $1 or less,…

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AHOLD REPURCHASED 1,102,084 AHOLD COMMON SHARES FOR € 14.16 MILLION BETWEEN AUGUST 11 AND AUGUST 15, 2014

Zaandam, the Netherlands, 2014-8-19 — /EPR Retail News/ — Ahold has repurchased 1,102,084 Ahold common shares in the period from August 11, 2014 up to and including August 15, 2014. The shares were repurchased at an average price of € 12.8446 per share for a total consideration of € 14.16 million. These repurchases were made as…

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The Co-operative Group announced 207 farms will share £4,928,627.46 in premium payments

MANCHESTER, UK, 2014-8-18 — /EPR Retail News/ —  The Co-operative announced today (Saturday, 16 August) an almost £5m shot in the arm for British farmers, who supply its own-brand fresh meat, poultry and milk. The premiums will go to members of The Co-operative’s farming groups which were launched in order to back British farmers and agriculture, and to…

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Dollar Tree, Inc. to host conference call for investors and analysts to discuss financial results for the second quarter ended August 2, 2014

CHESAPEAKE, Va., 2014-8-15 — /EPR Retail News/ —  Dollar Tree, Inc. (NASDAQ: DLTR), North America's leading operator of discount variety stores selling everything for $1 or less, will host its conference call for investors and analysts to discuss financial results for the second quarter ended August 2, 2014. WHEN: Thursday, August 21, 2014 9:00 a.m. Eastern Time PARTICIPATE: At least 5…

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Kesko Group reports €797.1 million sales in July 2014

Kesko Group's sales, excluding VAT, in July 2014 totalled €797.1 million, down 1.5%. Helsinki, Finland,  2014-8-14 — /EPR Retail News/ —  In Kesko's food trade, sales in July were €375.1 million, an increase of 0.7% from the previous year. In the home and speciality goods trade, sales in July were €103.4 million, a decrease of 5.7%. The…

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General Growth Properties, Inc. declares third quarter common stock dividend of $0.16 per share payable on October 31, 2014

Chicago, Illinois, 2014-8-14 — /EPR Retail News/ —  General Growth Properties, Inc. (NYSE: GGP, the “Company”) today announced its Board of Directors declared a third quarter common stock dividend of $0.16 per share payable on October 31, 2014, to stockholders of record on October 15, 2014. The dividend represents an increase of $0.03 per share,…

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S Group reports improved January–June 2014 result compared to the previous year

Helsinki, Finland, 2014-8-13 — /EPR Retail News/ —  Cost reductions implemented within the S Group resulted in an improved January–June result compared to the previous year. Retail sales contributed close to €5.5 billion, which is the same as for the corresponding period last year. In January–June 2014, S Group's total profit before extraordinary items and taxes was…

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Philippines: SM Prime Holdings, Inc. set the interest rates for its Peso-denominated 15 billion retail bonds

Pasay City, Philippines, 2014-8-11 — /EPR Retail News/ —  SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year retail bonds at 5.2006% p.a., and its Series C, 10-year retail bonds at 5.7417% p.a. SMPH will issue an aggregate principal amount of…

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AHOLD REPURCHASED 1,746,164 AHOLD COMMON SHARES FOR € 22.16 MILLION BETWEEN AUGUST 4 AND AUGUST 8, 2014

Zaandam, the Netherlands,  2014-8-11 — /EPR Retail News/ —  Ahold has repurchased 1,746,164 Ahold common shares in the period from August 4, 2014 up to and including August 8, 2014. The shares were repurchased at an average price of € 12.6901 per share for a total consideration of € 22.16 million. These repurchases were made as…

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Gap Inc. reports 5% net sales increase in July compared to same month last year

Guides to Second Quarter Earnings per Share Range of $0.73 to $0.74, Including Gain on Asset Sale SAN FRANCISCO, 2014-8-8 — /EPR Retail News/ —  Gap Inc. (NYSE: GPS) today reported that July net sales for the four-week period ended August 2, 2014 increased 5 percent to $1.17 billion compared with net sales of $1.12 billion…

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Delhaize Group reports its second quarter 2014 results

BRUSSELS, Belgium,  2014-8-8 — /EPR Retail News/ —  Delhaize Group reports its second quarter 2014 results Financial Summary Second Quarter 2014 » Revenue growth of 3.7% at identical exchange rates (3.7% organic growth) » Comparable store sales growth of 3.3% in the U.S. and -1.2% in Belgium » Group underlying operating margin of 3.4% (3.6% in the U.S., 3.2%…

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MARKS AND SPENCER GROUP PLC RELEASES ITS QUARTER 1 2014/15 TRADING STATEMENT

MARKS AND SPENCER GROUP PLC QUARTER 1 2014/15 TRADING STATEMENT 13 WEEKS TO 28 JUNE 2014 LONDON,  2014-8-8 — /EPR Retail News/ —  ‘Womenswear in growth’ • Group sales 1 +2.3% • UK: total sales +2.0%, like-for-like +0.3% • GM: total sales -0.8%, like-for-like -1.5% • Clothing: total sales +0.1%, like-for-like -0.6% • Food 2: total sales +4.2%, like-for-like +1.7% • M&S.com -8.1% • International sales1 +4.7% ¹Stated on ex-VAT and constant currency basis. International sales…

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AHOLD REPURCHASED 2,098,612 AHOLD COMMON SHARES FOR €27.32 MILLION BETWEEN JULY 28 AND August 1, 2014

Zaandam, the Netherlands, 2014-8-7 — /EPR Retail News/ —  Ahold has repurchased 2,098,612 Ahold common shares in the period from July 28, 2014 up to and including August 1, 2014. The shares were repurchased at an average price of € 13.0158 per share for a total consideration of € 27.32 million. These repurchases were made as part…

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Kimco Realty Corp. announces the publication of its inaugural Corporate Responsibility Report

2013 report highlights Kimco’s commitment to energy savings and community involvement NEW HYDE PARK, New York, 2014-8-5 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM) today announced that it has published its inaugural Corporate Responsibility Report. Over a year in the making, this publication provides a comprehensive account of Kimco’s performance on a range of social,…

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SM Prime Holdings, Inc. reports 12% increase of its consolidated net income in the second quarter of 2014 vs. the same period last year

Pasay City, Philippines, 2014-8-5 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported consolidated net income increase of 12% to Php5.22 billion in the second quarter of 2014 from Php4.66 billion in the same period last year, slightly higher than the 11% growth…

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Ingles Markets reports its nine month sales rose 2.9% to $2.87 billion vs. prior year nine-month period

ASHEVILLE, N.C., 2014-8-4 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three and nine months ended June 28, 2014 as compared with the three and nine months ended June 29, 2013. Third quarter net sales rose 4.7% to $978.3 million, an increase of $44.2 million over last…

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Delhaize Group will announce its second quarter 2014 results on Thursday August 7, 2014

BRUSSELS, Belgium,  2014-7-31 — /EPR Retail News/ —  Delhaize Group will announce its second quarter 2014 results (ended June 30, 2014) on Thursday August 7, 2014 at 7:00 a.m. CET. The press release will be available on Delhaize Group's website (www.delhaizegroup.com) immediately after its publication. The Delhaize Group management team will discuss the second quarter 2014 results…

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Ingles Markets, Incorporated to host online, real-time webcast and rebroadcast of its third quarter earnings conference call on August 4, 2014

ASHEVILLE, N.C., 2014-7-30 — /EPR Retail News/ —  Ingles Markets, Incorporated (NASDAQ: IMKTA) will provide an online, real-time webcast and rebroadcast of its third quarter earnings conference call on August 4, 2014. Ingles plans to release earnings for its third quarter ended June 28, 2014, on August 4, 2014. The live broadcast of Ingles Markets’ quarterly conference call will be available…

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AHOLD REPURCHASED 1,466,762 AHOLD COMMON SHARES FOR € 19.42 MILLION BETWEEN JULY 21 AND JULY 25, 2014

Zaandam, the Netherlands, 2014-7-28 — /EPR Retail News/ —  Ahold has repurchased 1,466,762 Ahold common shares in the period from July 21, 2014 up to and including July 25, 2014. The shares were repurchased at an average price of € 13.2413 per share for a total consideration of € 19.42 million. These repurchases were made as part of…

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Kingfisher reports total sales up by 0.8% on its second quarter pre-close update to 12 July 2014

LONDON, 2014-7-25 — /EPR Retail News/ —  Kingfisher reports total sales up 0.8% (-1.8% LFL) in constant currencies and confirms binding agreement reached with principal shareholders of Mr Bricolage Sales* In constant currencies 10 weeks to 12 July 2014 23 weeks to 12 July 2014 % Total Change % LFL* Change % Total Change % LFL Change *Throughout this release ‘*’ indicates first instance of a term…

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