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Business Electronics Financial Management Retail Retailer

Apple® reports $35.3 billion revenue and $6.9 billion net profit in the third quarter

iPhone, Mac & Services Growth Drive Record June Quarter Revenue & 20% EPS Growth CUPERTINO, California, 2014-7-23 — /EPR Retail News/ —  Apple® today announced financial results for its fiscal 2014 third quarter ended June 28, 2014. The Company posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share. These…
July 23, 20140Comments

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Business Environment Financial Grocery Management Retail Retailer

Sainsbury’s announces £200 million corporate ‘green’ loan to invest in on-going carbon reduction and sustainability projects

LONDON, 2014-7-22 — /EPR Retail News/ —   Sainsbury’s today announces it has agreed a £200 million corporate ‘green’ loan to invest in on-going carbon reduction and sustainability projects. Whilst Green Bonds are now increasingly issued by institutions to support environmental and sustainable initiatives, this is the first time that a commercial loan has been structured…
July 22, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 366,228 AHOLD COMMON SHARES FOR € 4.94 MILLION BETWEEN JULY 14 AND JULY 18, 2014

Zaandam, the Netherlands, 2014-7-21 — /EPR Retail News/ —  Ahold has repurchased 366,228 Ahold common shares in the period from July 14, 2014 up to and including July 18, 2014. The shares were repurchased at an average price of € 13.4927 per share for a total consideration of € 4.94 million. These repurchases were made as part of…
July 21, 20140Comments

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Business Discounts Financial Management Marketing Retail Retailer

Family Dollar Stores, Inc. reports 3.3% net sales increase to $2.66 billion for the third quarter of fiscal 2014 ended May 31, 2014

Earnings Per Diluted Share of $0.71; Adjusted Diluted EPS of $0.85 Comparable Store Sales Decreased 1.8% June Comparable Store Sales Approximately Flat Management Reaffirms Guidance for Fourth Quarter of Fiscal 2014 MATTHEWS, NC, 2014-7-17 — /EPR Retail News/ —  Family Dollar Stores, Inc. (NYSE: FDO) today reported that for the third quarter of fiscal 2014 ended…
July 17, 20140Comments

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Business Financial Management Retail Retailer

Target Corporation announced the final results of its previously announced tender offers to purchase for cash up to $1 billion of its notes and debentures

MINNEAPOLIS,  2014-7-17 — /EPR Retail News/ — Target Corporation (“Target”) (NYSE:TGT) today announced the final results of its previously announced tender offers (the “Tender Offers”) to purchase for cash up to $1,000,000,000 (the “Maximum Payment Amount”) of its notes and debentures listed in the table below (collectively, the “Notes”), which commenced on June 17, 2014 and…
July 17, 20140Comments

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Business Financial Law Management Retail Retailer

RILA reiterated its support for both the Marketplace Fairness Act (MFA) and the Internet Tax Freedom Act (ITFA)

Arlington , VA,   2014-7-16 — /EPR Retail News/ —  The Retail Industry Leaders Association (RILA) today reiterated its support for both the Marketplace Fairness Act (MFA) and the Internet Tax Freedom Act (ITFA). Legislation combining the two bills was introduced last night as the Marketplace and Internet Tax Fairness Act (MITFA). Bill Hughes, Executive Vice President…
July 16, 20140Comments

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Business Financial Management Retail

Kimco Realty Corp. acquired portfolio of 10 high-quality shopping centers from its joint venture with SEB Asset Management for $275.8 million

Transaction furthers portfolio transformation and simplification strategy NEW HYDE PARK, New York, 2014-7-16 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM) today announced that it acquired a portfolio of 10 high-quality shopping centers from its joint venture with SEB Asset Management for a gross price of $275.8 million, including the assumption of $193.6 million of…
July 16, 20140Comments

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Business Convenience Stores Financial Management Retail Retailer

National Association of Convenience Stores: Consumer optimism about the economy reached a 12-month high

ALEXANDRIA, VA, 2014-7-16 — /EPR Retail News/ —  Consumer optimism about the economy reached a 12-month high, good news for retailers hoping that a strong second half of 2014 can compensate for sluggish sales earlier this year. Consumer optimism surged from 39% to 46% — the highest level of optimism since it stood at 48% in July 2013.…
July 16, 20140Comments

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Business Financial Management Retail Retailer

Kesko Group reports €792.1 million in sales excluding VAT for June 2014

Kesko Group's sales, excluding VAT, in June 2014 totalled €792.1 million, down 0.9%. Helsinki, Finland,  2014-7-15 — /EPR Retail News/ —  In Kesko's food trade, sales in June were €369.7 million, matching the level of the previous year. The number of delivery days in June was one more than in the previous year. In the home and speciality…
July 15, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 2,667,510 AHOLD COMMON SHARES FOR € 36.19 MILLION BETWEEN JULY 7 AND JULY 11, 2014

Zaandam, the Netherlands, 2014-7-15 — /EPR Retail News/ —  Ahold has repurchased 2,667,510 Ahold common shares in the period from July 7, 2014 up to and including July 11, 2014. The shares were repurchased at an average price of € 13.5665 per share for a total consideration of € 36.19 million. These repurchases were made as part of…
July 15, 20140Comments

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Business Financial Management Retail Retailer

CBRE Group, Inc. to acquire Preuss Gesellschaft mbH and its subsidiaries “Preuss”

Los Angeles, 2014-7-14 — /EPR Retail News/ —  CBRE Group, Inc. (NYSE: CBG) today announced that it has entered into a definitive agreement to acquire Preuss Gesellschaft mbH and its subsidiaries (“Preuss”). Preuss was founded in 2003 by Dr. Norbert Preuss and provides market-leading project management services in Germany. Preuss primarily focuses on project management of new…
July 14, 20140Comments

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Apparel Business Fashion Financial Management Retail Retailer

Gap Inc. reports 1 percent sales increase in June 2014 compared to last year

SAN FRANCISCO, 2014-7-11 — /EPR Retail News/ —  Gap Inc. (NYSE: GPS) today reported that June net sales increased 1 percent compared with last year. Net sales for the five-week period ended July 5, 2014 were $1.54 billion compared with net sales of $1.53 billion for the five-week period ended July 6, 2013. “Old Navy’s performance was stellar this…
July 11, 20140Comments

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Business E-Commerce Electronics Financial Management Retail Retail Services Retail Software Retail Solutions Retailer

Diebold, Incorporated and Wincor Nixdorf AG to establish industry association dedicated to improving ATM security

Global ATM leaders initiate concerted effort to curb fraud and establish industry-wide security measures Paderborn, Germany,  2014-7-10 — /EPR Retail News/ —  As automated teller machine (ATM) networks have expanded worldwide, so has the sophistication of global crime. The combination of these factors has led to intensified security concerns at the ATM. Combating this issue requires consistent…
July 10, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 1,424,122 AHOLD COMMON SHARES FOR € 19.61 MILLION BETWEEN JUNE 30 AND JULY 4, 2014

Zaandam, the Netherlands, 2014-7-9 — /EPR Retail News/ — Ahold has repurchased 1,424,122 Ahold common shares in the period from June 30, 2014 up to and including July 4, 2014. The shares were repurchased at an average price of € 13.7675 per share for a total consideration of € 19.61 million. These repurchases were made as part…
July 9, 20140Comments

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Business Financial Management Retail Retailer

FamilyMart’s largest shareholder ITOCHU Corporation purchased additional shares of FamilyMart in order to further strengthen the relationship between the two companies

Tokyo, 2014-7-9 — /EPR Retail News/ —  Notice is hereby provided that on July 4, 2014, FamilyMart received notification from its largest shareholder, ITOCHU Corporation, that ITOCHU had decided to purchase additional shares of FamilyMart in order to further strengthen the relationship between the two companies. 1. Overview of additional share purchase (1) Period of purchase: July 7,…
July 9, 20140Comments

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Business Financial Grocery Management Retail Retailer

Wesfarmers updates non-trading items expected to be included in its full-year results for the 2014 financial year

Perth, Australia,  2014-7-3 — /EPR Retail News/ —  Wesfarmers provides the following update regarding non-trading items expected to be included in its full-year results for the 2014 financial year (FY2014). These non-trading items, which include the profit on sale of the Insurance division, a revision to Target’s carrying value and a provision for restructuring of Coles’…
July 3, 20140Comments

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Business Financial Malls Management Retail

Kimco Realty Corp. reported its transaction activity for the second quarter of 2014

NEW HYDE PARK, N.Y., 2014-7-3 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today reported its transaction activity for the second quarter of 2014. The company continued transforming its portfolio and simplifying its business model, highlighted by the acquisition of a…
July 3, 20140Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation announces sales results for June 2014

CAMP HILL, Pa., 2014-7-3 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for June. Monthly Sales For the four weeks ended June 28, 2014, same store sales increased 3.9 percent over the prior-year period. June front-end same store sales increased 0.9 percent. Pharmacy same store sales, which included an approximate 169 basis…
July 3, 20140Comments

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Business Financial Management Retail Retailer

Ingles Markets declares cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 per share on all its Class B Common Stock payable July 24, 2014

ASHEVILLE, N.C., 2014-7-2 — /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 per…
July 2, 20140Comments

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Business Financial Management Retail Retailer

Delhaize Group announced capital structure disclosure in accordance to the requirements of Belgian law

BRUSSELS, Belgium, 2014-6-30 — /EPR Retail News/ —  Delhaize Group (Euronext Brussels: DELB - NYSE: DEG), the Belgian international food retailer, discloses the information required under article 15, § 1 and 18, § 1 of the Law of May 2, 2007 regarding the disclosure of major shareholdings in listed companies following a capital increase resulting from the exercise…
June 30, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 2,520,031 AHOLD COMMON SHARES FOR € 34.41 MILLION BETWEEN JUNE 23 AND 27, 2014

Zaandam, the Netherlands, 2014-6-30 — /EPR Retail News/ —  Ahold has repurchased 2,520,031 Ahold common shares in the period from June 23, 2014 up to and including June 27, 2014. The shares were repurchased at an average price of € 13.6546 per share for a total consideration of € 34.41 million. These repurchases were made as part of…
June 30, 20140Comments

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Business Financial Management Retail Retailer

Wesfarmers completes the sale of its insurance underwriting operations in Australia and New Zealand to Insurance Australia Group

Perth, Australia,  2014-6-30 — /EPR Retail News/ —  The sale of Wesfarmers’ insurance underwriting operations in Australia and New Zealand to Insurance Australia Group, announced on 16 December 2013, has now been completed. As previously announced, Wesfarmers expects to record a pre-tax profit on the sale of approximately $700 million to $750 million, which will be included…
June 30, 20140Comments

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Business Financial Management Retail Retailer

Ahold receives preliminary approval from the Czech competition authority to acquire SPAR’s business in the country

Zaandam, the Netherlands, 2014-6-27 — /EPR Retail News/ —  Ahold today announced that it has received preliminary approval from the Czech competition authority to acquire SPAR’s business in the country. The competition authority has stipulated that after completion of the acquisition, Ahold is required to divest a limited number of stores in the Czech Republic. Once this decision is…
June 27, 20140Comments

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Business Financial Management Retail Retailer

Carrefour to acquire DIA France for enterprise value of 600 million euros

PARIS, 2014-6-23 — /EPR Retail News/ —  Carrefour announces, as part of an exclusivity agreement with DIA, the signature of a put option with a view to acquire DIA France for an enterprise value of 600 million euros. With more than 800 stores totaling nearly 550,000 m² to date, DIA France recorded sales under banners of 2.3…
June 23, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 2,622,529 AHOLD COMMON SHARES FOR € 35.36 MILLION BETWEEN JUNE 16 AND 20, 2014

Zaandam, the Netherlands, 2014-6-23 — /EPR Retail News/ —  Ahold has repurchased 2,622,529 Ahold common shares in the period from June 16, 2014 up to and including June 20, 2014. The shares were repurchased at an average price of € 13.4815 per share for a total consideration of € 35.36 million. These repurchases were made as part of…
June 23, 20140Comments

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Business Financial Retail Retailer

The Scottish Retail Consortium calls on the Government to help keep down the cost of doing business and assist retailers to expand and create jobs

LONDON,  2014-6-23 — /EPR Retail News/ —  The Scottish Retail Consortium (SRC) is calling on the Scottish Government to do more to help keep down the cost of doing business and cost of living, and assist retailers to expand and create jobs. In a new paper ‘Scottish Retail: Creating Jobs, Investing in Communities, Boosting Growth' submitted to…
June 23, 20140Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation reported $6.5 billion revenues for its fiscal first quarter ended May 31, 2014

First Quarter Net Income of $41.4 Million and Net Income per Diluted Share of $0.04, Compared to Prior Year's First Quarter Net Income of $89.7 Million and Net Income per Diluted Share of $0.09 First Quarter Adjusted EBITDA of $282.6 Million Compared to Adjusted EBITDA of $344.8 Million in Prior First Quarter Rite Aid Confirms Outlook…
June 20, 20140Comments

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Business Financial Law Management Retail Retailer

NRF and RILA asked appeals court to overturn federal judge’s approval of controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees

WASHINGTON, 2014-6-17 — /EPR Retail News/ —  The National Retail Federation and the Retail Industry Leaders Association today asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees, saying it was negotiated by only a handful of merchants and would do nothing to…
June 17, 20140Comments

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Business Financial Management Retail Retailer

Inter IKEA Group announced 7.4% revenue increase in its 2013 annual report

Luxembourg, 2014-6-17 — /EPR Retail News/ — In a rather tough business climate, the IKEA Concept continued to show good strength. Inter IKEA Group continued to make long term investments in order to secure independence and longevity of the group and the IKEA Concept. Inter IKEA Group total revenues increased by 7.4%, to €2,856 million in 2013. Net profit…
June 17, 20140Comments

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Business Financial Management Retail Retailer

Kesko Group reports €797.1 million sales in May 2014, excluding VAT

Kesko Group's sales, excluding VAT, in May 2014 totalled €797.1 million, down 5.9%. Helsinki, Finland,  2014-6-16 — /EPR Retail News/ —  In Kesko's food trade, sales in May were €358.0 million, a decrease of 7.4% compared to the previous year. The number of delivery days in May was one less than in the previous year. In the home…
June 16, 20140Comments

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