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Publix’s sales for Q4-2013 were $7.4 billion, 5.3 percent increase YoY

LAKELAND, Fla., 2014-3-7 — /EPR Retail News/ — Publix's sales for the fourth quarter of 2013, were $7.4 billion, a 5.3 percent increase from last year's $7.0 billion. Comparable-store sales for the fourth quarter of 2013 increased 4.3 percent. Net earnings for the fourth quarter of 2013 were $422.0 million, compared to $392.8 million in 2012, an…
March 7, 20140Comments

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Luca Maestri to succeed Peter Oppenheimer as Apple CFO at the end of September

CUPERTINO, Calif., 2014-3-5 — /EPR Retail News/ — Apple® today announced that Peter Oppenheimer, Apple’s senior vice president and CFO, will retire at the end of September. Luca Maestri, Apple’s vice president of Finance and corporate controller, will succeed Peter as CFO reporting to Apple CEO, Tim Cook. Peter will transition the CFO role to Luca in…
March 5, 20140Comments

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Russia: fraud prevention system IRIS 5 now protects QIWI’s 100,000 self-service kiosks and 15 million e-wallets

Leading Russian kiosk, e-wallet and prepaid card provider deployed full fraud prevention system in record five weeks Paderborn, Germany, 2014-3-5 — /EPR Retail News/ — IRIS Analytics and its sales partner Wincor Nixdorf support QIWI, a leading Russian multichannel provider of next generation payment services, with the full fraud prevention system IRIS 5 in its fight against…
March 5, 20140Comments

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Ahold to suspend its share buyback program as from March 7, 2014

Zaandam, the Netherlands, 2014-3-4 — /EPR Retail News/ — Ahold has repurchased 3,784,727 Ahold common shares in the period from February 24, 2014 up to and including February 28, 2014. The shares were repurchased at an average price of € 13.4862 per share for a total consideration of € 51.04 million. These repurchases were made as part of…
March 4, 20140Comments

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Philippines: SM Investments Corporation reports its 2013 net income grew 11% to PHP27.45 billion

Pasay City, Philippines, 2014-3-3 — /EPR Retail News/ — Philippines: SM Investments Corporation reports its 2013 net income grew 11% to PHP27.45 billion Financial Highlights SM Investments Corporation (SM) reported that net income for the full year of 2013 grew 11% to PHP27.45 billion from PHP24.67 billion for the same period last year. Earnings growth was driven largely by…
March 3, 20140Comments

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John Lewis partners with technology entrepreneur Stuart Marks for the launch of its first ever tech incubator ‘JLAB’

LONDON, 2014-3-3 — /EPR Retail News/ — As part of its 150 year celebrations, John Lewis is to launch its first ever technology incubator 'JLAB' later this year in a new partnership with technology entrepreneur Stuart Marks*. The purpose of JLAB is to identify and develop technology innovations that will provide the retailer with future strategic advantage…
March 3, 20140Comments

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Publix reports $7.4 billion Q4-2013 sales, 5.3 percent increase YoY

LAKELAND, Fla., 2014-3-3 — /EPR Retail News/ — Publix's sales for the fourth quarter of 2013, were $7.4 billion, a 5.3 percent increase from last year's $7.0 billion. Comparable-store sales for the fourth quarter of 2013 increased 4.3 percent. Net earnings for the fourth quarter of 2013 were $422.0 million, compared to $392.8 million in 2012, an increase…
March 3, 20140Comments

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L Brands’ Amie Preston to present February Sales Report in pre-recorded webcast on Thursday, Mar. 6, 2014

COLUMBUS, Ohio, 2014-3-3 — /EPR Retail News/ — In conjunction with L Brands'  sales release, you are invited to listen to a pre-recorded broadcast of the February sales report with Amie Preston, Chief Investor Relations Officer for L Brands (NYSE: LB).  The broadcast will be available on the Internet on Thursday, Mar. 6, at 7:30 a.m. ET. What: L…
March 3, 20140Comments

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Gap Inc intends to increase the company’s annual dividend to $0.88 in fiscal year 2014

SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors intends to increase the company’s annual dividend to $0.88 in fiscal year 2014, a 10 percent increase from the company’s current annualized rate of $0.80. This represents more than a 75 percent increase in the company’s annual dividend…
February 28, 20140Comments

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Michaels Stores, Inc. updates on possible fraudulent activity on some U.S. payment cards used at its stores

IRVING, TX, 2014-2-28 — /EPR Retail News/ — Michaels Stores, Inc. (the “Company” or “Michaels”) recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the Company may have experienced a data security attack. The Company is working closely with federal law enforcement and is conducting an investigation with the help…
February 28, 20140Comments

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National Retail Federation’s CEO Matthew Shay comments on JPMorgan Chase & Co’s PIN and Chip credit cards announcement

WASHINGTON, DC, 2014-2-27 — /EPR Retail News/ — The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the announcement by JPMorgan Chase & Co. that the bank will issue its Europay MasterCard Visa credit cards as PIN and Chip cards. The bank has previously issued the cards only as…
February 27, 20140Comments

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Indonesia: PT Matahari Putra Prima Tbk reported revenue up 16.2% and net earnings up 115% in 2013

MPPA FULL YEAR 2013 RESULTS: REVENUE UP 16.2% NET EARNINGS UP 115.0% Proforma Highlights: ·         Full year gross sales of Rp12,564 billion, 16.2% over 2012 ·         Full year same store sales growth (SSSG) of 4.5% ·         Matahari Food Business (MFB) opened a record 39 new stores in 2013, and now operates a total of 222 multi format stores Jakarta, Indonesia, 2014-2-27 — /EPR…
February 27, 20140Comments

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Harris Teeter to help raise funds for Muscular Dystrophy Association (MDA)

Help MDA this March in the Fight Against Neuromuscular Disease Matthews, N.C., 2014-2-27 — /EPR Retail News/ — Harris Teeter is pleased to announce a partnership with the Muscular Dystrophy Association (MDA) to help the non-profit health agency raise funding to continue its mission of finding treatments and cures for neuromuscular diseases. March 1 - March 31, Harris…
February 27, 20140Comments

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Target Corporation reported Q4 and full-year net earnings $520 million and $1,971 million respectively

Fourth quarter Adjusted EPS of $1.30; full-year Adjusted EPS of $4.38. Fourth quarter GAAP EPS of $0.81; full-year GAAP EPS of $3.07 Target’s U.S. operations generated fourth quarter Adjusted earnings per share of $1.30, at the high end of the updated guidance provided in January. Canadian Segment dilution of (40) cents in the fourth quarter compares…
February 27, 20140Comments

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Target Corporation to webcast its 4th quarter earnings conference call on Wednesday, February 26, 2014 9:30 a.m.

Minneapolis, MN, 2014-2-25 — /EPR Retail News/ — Target Corporation to Webcast 4th Quarter Earnings Conference Call WHAT: Target Corporation’s (NYSE:TGT) webcast of its 4th quarter earnings conference call. WHEN: Wednesday, February 26, 2014 9:30 a.m. central time HOW: Investors and the media are invited to listen to the call through the company’s website at www.target.com/investors (click on link under…
February 25, 20140Comments

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Ahold repurchased 2,232,557 Ahold common shares for € 29.67 million between February 17 and 21, 2014

Zaandam, the Netherlands, 2014-2-24 — /EPR Retail News/ — Ahold has repurchased 2,232,557 Ahold common shares in the period from February 17, 2014 up to and including February 21, 2014. The shares were repurchased at an average price of € 13.2919 per share for a total consideration of € 29.67 million. These repurchases were made as part of…
February 24, 20140Comments

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Philippines: SM Prime Holdings, Inc. reported combined net earnings of PHP16.27 billion in 2013

Pasay City, Philippines, 2014-2-24 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading property developers in Southeast Asia, reported combined net earnings of Php16.27 billion in 2013. Consolidated revenues rose 5% to Php59.79 billion from Php57.22 billion a year ago. Rental revenues accounted for 54% of the total, and grew by 11%…
February 24, 20140Comments

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Casino Guichard Perrachon SA successfully issued new 10-year bond of €900 million with coupon payment of 3.248%

PARIS, 2014-2-21 — /EPR Retail News/ — Casino successfully issued a new 10-year bond of €900 million. This bond, which will pay a coupon of 3.248%, has been significantly oversubscribed by a diversified investor base. Casino also announced today a tender offer for bonds maturing in April 2016 and February 2017 for an amount to be determined at…
February 21, 20140Comments

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J. C. Penney Company, Inc. to release its fourth quarter and full year 2013 financial results on Wednesday, February 26

PLANO, TX, 2014-2-20 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its fourth quarter and full year 2013 financial results on Wednesday, February 26 at 4:00 p.m. ET, followed by a live conference call and webcast conducted by Chief Executive Officer Mike Ullman and Chief Financial Officer…
February 20, 20140Comments

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Intershop Communications AG announced its licensing revenues up 20% in financial year 2013

Licensing revenues grew by 105% in fourth quarter and by 20% during full financial year Total net revenues up 3% to EUR 53.6 million High investments in marketing and sales reflected in EBIT of EUR -3.2 million Jena, Germany, 2014-2-19 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), the leading independent provider of innovative omni-channel…
February 19, 20140Comments

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NRF’s Tax Returns Survey: more Americans opt to stash their cash away for a rainy day

WASHINGTON, DC, 2014-2-19 — /EPR Retail News/ — Having a plethora of options for how to use their tax refunds, more Americans this year are opting to stash their cash away for a rainy day.  According to NRF’s Tax Returns Survey conducted by Prosper Insights & Analytics, 46 percent of those expecting a refund this year will…
February 19, 20140Comments

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Tengelmann Group establishes Tengelmann Social Ventures GmbH to invest in social entrepreneurs and businesses

Involvement in Kiddify via new Social Venture unit Mülheim an der Ruhr, Germany, 2014-2-19 — /EPR Retail News/ — As part of its e-commerce strategy, the Tengelmann Group is further expanding its commitment in this field by founding Tengelmann Social Ventures GmbH (TSV). As a sister company of Tengelmann Ventures GmbH and a 100% subsidiary of the Tengelmann…
February 19, 20140Comments

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Ahold repurchased 4,286,262 Ahold common shares for €55.57 million between February 10 and 14, 2014

Zaandam, the Netherlands, 2014-2-17 — /EPR Retail News/ — Ahold has repurchased 4,286,262 Ahold common shares in the period from February 10, 2014 up to and including February 14, 2014. The shares were repurchased at an average price of € 12.9651 per share for a total consideration of € 55.57 million. These repurchases were made as part of…
February 17, 20140Comments

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Philippines: SM Investments Corporation (SM) announced the issuance of up to P15 Billion Fixed Rate Peso Retail Bonds

Manila, Philippines, 2014-2-17 — /EPR Retail News/ — SM Investments Corporation (SM) announced today that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds worth Php10 Billion with an option for oversubscription for another Php5 Billion. The bonds will be offered in one or two tranches with tenors of 7 and/or 10 years. SM…
February 17, 20140Comments

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H&M Group reports its January sales increased by 15 percent vs. the same month last year

Stockholm, Sweden, 2014-2-17 — /EPR Retail News/ — In January, the H&M Group total sales including VAT increased by 15 percent in local currencies compared to the same month last year. The total number of stores amounted to 3,184 on 31 January 2014 versus 2,808 on 31 January 2013. Percentage sales development for the month of February and…
February 17, 20140Comments

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ICSC: Strong demand from retailers helped landlords boost income at their properties in fourth quarter

NEW YORK, 2014-2-14 — /EPR Retail News/ — Strong demand from retailers helped landlords boost income at their properties during the fourth quarter. At DDR Corp., leasing spreads grew by 13.9 percent year on year for new leases and by 7.9 percent on renewals, driving same-center net operating income up 3.1 percent. “We expect operating metrics…
February 14, 20140Comments

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National Retail Federation: January 2014 retail sales flat due in part to severe winter weather

WASHINGTON, DC, 2014-2-13 — /EPR Retail News/ — Consumers leveled off post-holiday shopping and spending in the beginning of the year due in part to severe winter weather in much of the country. According to the National Retail Federation – the world's largest retail trade association – January retail sales, excluding automobiles, gas stations and restaurants, were flat…
February 13, 20140Comments

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Leading trade associations form cybersecurity partnership

Arlington , VA, 2014-2-13 — /EPR Retail News/ —  Today leading trade associations representing the merchant and financial services industries announced a new cybersecurity partnership. The partnership will focus on exploring paths to increased information sharing, better card security technology, and maintaining the trust of customers. Discussion regarding the partnership was initiated by the Retail Industry…
February 13, 20140Comments

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S Group’s 2013 retail sales up by more than one per cent to more than €11.3 billion

S Group's result for 2013 increased by 6.7% from 2012 and stood at €226 million. Despite the generally poor economic situation, S Group's retail sales went up by more than one per cent to more than €11.3 billion in 2013. Helsinki, Finland, 2014-2-13 — /EPR Retail News/ — In 2013, S Group's total profit before extraordinary items and…
February 13, 20140Comments

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METRO AG presents to shareholders the company’s progress made with its transformation process

Sales and EBIT guidance achieved in the short financial year 2013 Growth driving online and delivery sales increased Solid start to the new business year 2013/14 despite tough market conditions Supervisory Board elections: Fredy Raas nominated as a member of the Supervisory Board representing the shareholders Future Management Board remuneration to include Sustainability component Düsseldorf,…
February 12, 20140Comments

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