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Management

Rite Aid reports its February 2015 same store sales increased by 3.3 percent over the prior-year period

CAMP HILL, Pa., 2015-3-5 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for February. Monthly Sales For the five weeks ended Feb. 28, 2015, same store sales increased 3.3 percent over the prior-year period. February front-end same store sales increased 1.6 percent. Pharmacy same store sales, which included an approximate 144 basis…

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Rite Aid’s 2015 Miracle Balloon campaign will be underway for Children’s Miracle Network Hospitals beginning March 8

Rite Aid Raises $6.3 Million in 2014 Camp Hill, Pa., 2015-3-5 — /EPR Retail News/ — Beginning March 8, Rite Aid's 2015 Miracle Balloon campaign will be underway for Children's Miracle Network Hospitals, a leading nonprofit organization that raises funds for children's hospitals to provide pediatric equipment, treatments, research, therapy programs and charitable care benefiting local sick…

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Seven & i Holdings Co., Ltd. to launch new private label “SEPT PREMIÈRES” for the 2015 Aut umn/Winter season

TOKYO, Japan, 2015-3-5 — /EPR Retail News/ — A New Initiative Spanning the Dept. Store and General Merchandise Store Formats for the First Time! An Apparel Innovation in Collaboration with World-Renowned Designers! 2015 Autumn/Winter Season Launch in Line with the Full Scale Kickoff of The Seven & i Holdings Group’s Omni-Channel Marketing Strategy! Seven & i Holdings Co.,…

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SM Investments Corporation (SM) reports 14.4% increase in recurring net income

Pasay City, Philippines, 2015-3-5 — /EPR Retail News/ — SM Investments Corporation (SM) reported a record net income in 2014 of PHP28.4 billion. Excluding extraordinary items, recurring net income grew 14.4%. SM’s underlying earnings growth was mainly driven by BDO Unibank, Inc., which posted a core income growth of 18%. Together with China Banking Corporation, banks accounted…

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Chick-fil-A updates on its No Antibiotics Ever Commitment program

Chick-fil-A converts 20 percent of its poultry supply for 2015. ATLANTA, 2015-3-5 — /EPR Retail News/ — Chick-fil-A’s No Antibiotics Ever Commitment: In 2014, we announced we would work with suppliers over the next several years to remove all antibiotics (including ionophores) from our chicken supply. Below are details of our program’s specifications: No Antibiotics means No Antibiotics. This means we…

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H&M signed long-term partnership with the Belgian show jumpers Nicola and Olivier Philippaerts

STOCKHOLM, SWEDEN, 2015-3-4 — /EPR Retail News/ — H&M is proud to announce it has signed a long-term partnership with the Belgian show jumpers Nicola and Olivier Philippaerts, currently ranked as 55 and 43 in the world. The 21 years old twin brothers are often described as future stars of riding and have despite their young age…

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Neiman Marcus Group LTD LLC to announce its Q2 financial results on Tuesday, March 10, 2015

DALLAS, 2015-3-4 — /EPR Retail News/ — Neiman Marcus Group LTD LLC will announce its second quarter financial results on Tuesday, March 10, 2015 with an investor conference call to be held at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). The audio webcast may be accessed on the Neiman Marcus Group LTD LLC website at www.neimanmarcusgroup.com…

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Netflix’s statement in support of the FCC’s adoption of strong net neutrality rules

Washington, D.C., 2015-3-4 — /EPR Retail News/ — Below is Netflix’s statement in support of the FCC’s adoption of strong net neutrality rules: “The net neutrality debate is about who picks winners and losers online: Internet service providers or consumers. Today, the FCC settled it: Consumers win. Today’s order is a meaningful step towards ensuring ISPs cannot shift bad…

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Sainsbury’s named 50 books every child should read by the age of 16 in celebration of World Book Day

LONDON, 2015-3-4 — /EPR Retail News/ — To celebrate World Book Day, Sainsbury’s has published a list of 50 books which every child should read by the age of 16, with Roald Dahl's Charlie and the Chocolate Factory taking top spot! The magical story about Charlie Bucket’s golden ticket to Willy Wonka’s chocolate factory proves…

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LVMH Supply Chain Director Alain Doudard on what exactly does supply chain mean

PARIS, France, 2015-3-4 — /EPR Retail News/ — Everything we do centers on our customers, and making sure that the products created by our Houses are available when and where they are needed is a fundamental priority. The LVMH Supply Chain plays a pivotal role in respecting this promise.  Alain Doudard, Supply Chain Director for…

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Delhaize Group sets the threshold as from which a shareholding needs to be disclosed at 3%

BRUSSELS, Belgium, 2015-3-3 — /EPR Retail News/ — Delhaize Group 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 of subscription rights by employees. Information as of February 27, 2015…

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Marks & Spencer completed the installation of UK’s largest single roof mounted solar panel array

LONDON, 2015-3-3 — /EPR Retail News/ — Marks & Spencer (M&S) has completed the installation of the UK’s largest single roof mounted solar panel array on its East Midlands distribution centre in Castle Donington. With the final panel laid and the system fully commissioned, the solar PV array will span the site’s 900,000 sq ft roof…

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Marks & Spencer updates on the growth plans for its China business

LONDON, 2015-3-3 — /EPR Retail News/ — Marks & Spencer has today provided an update on the growth plans for its China business. In line with prior announcements Marks & Spencer has today confirmed that: Marks & Spencer has a firm intent to enter key cities such as Beijing and Guangzhou from 2015/16. It will continue…

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Kevin Johnson named Starbucks president and COO with focus on Starbucks information technology, mobile and digital platforms

SEATTLE, 2015-3-2 — /EPR Retail News/ — Long before Kevin Johnson was named Starbucks president and chief operating officer, and a decade before being appointed to the company’s board of directors, he was a Starbucks customer. “Like everyone else, I started walking into my local Starbucks for coffee and became a part of what millions of…

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National Council of Chain Restaurants Director Rob Green comments on the introduction of the Corn Ethanol Mandate Elimination Act

WASHINGTON, 2015-3-3 — /EPR Retail News/ — The National Council of Chain Restaurants today issued the following statement from Executive Director Rob Green on the introduction of the Corn Ethanol Mandate Elimination Act, sponsored by Senators Pat Toomey, R-Pa., Dianne Feinstein, D-Calif., and Jeff Flake R-Ariz., which would repeal the federal Renewable Fuel Standard corn ethanol…

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Ahold reports Q4 sales of EUR 8.1 billion, up 7.9%; FY 2014 results announced

Q4 sales of €8.1 billion, up 7.9% driven by currency and improved sales trends (up 2.6% at constant exchange rates) Underlying operating margin of 3.7%; excluding the impact of the SPAR acquisition, stable versus prior two quarters at 3.9% Simplicity program 2012-2014 achieved €865 million; new target for 2015 of €350 million Strong free cash…

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MAXIMA GRUPĖ owned MAXIMA Eesti becomes the first retail chain in Estonia to open a store online

Vilnius, Lithuania, 2015-3-3 — /EPR Retail News/ — MAXIMA Eesti owned by MAXIMA GRUPĖ became the first retail chain in Estonia to open a store online. Residents of Tallinn and its surroundings are now able to buy more than 6000 different types of everyday food and drinks, vegetables, fruits, perishable and frozen products. MAXIMA was also the first…

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Co-operative Innovation Project: University of Saskatchewan to host 40 community meetings over 3 months to gather what it takes for co-operatives to thrive in a community

Saskatchewan, Canada, 2015-3-2 — /EPR Retail News/ — Researchers from the University of Saskatchewan’s Centre for the Study of Co-operatives are seeking the social and economic characteristics that allow co-operatives to thrive in a community. To do so, they’re hosting 40 community meetings over three months to gather input from residents and leaders. The research is part of…

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L Brands will broadcast its February 2015 sales report on Thursday, March 5

COLUMBUS, Ohio, 2015-3-2 — /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, March 5, at 7:30 a.m.…

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J. C. Penney Company reports comparable store sales grew 4.4 percent for both the fourth quarter and full fiscal 2014

• Gross margin improved 540 basis points for the fourth quarter and full year • SG&A savings of $121 million; 210 basis points improvement for the year • Positive free cash flow of $57 million for the year, a $2.8 billion improvement PLANO, Texas, 2015-3-2 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced financial…

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Target Corporation to webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time

MINNEAPOLIS, 2015-3-2 — /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 archived for…

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Best Buy customers donated more than $9.7 million to St. Jude Children’s Research Hospital

Odessa, Texas, 2015-3-2 — /EPR Retail News/ — This past holiday, Mary Collett’s Best Buy mobile store in Odessa, Texas, was a company-wide leader in contributing to the St. Jude Thanks and Giving® campaign. On Wednesday, she got to see first-hand all the good that money can do at St. Jude Children’s Research Hospital®. “Until you visit St.…

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Stop & Shop Supermarket Company to honor New York area WW2 veterans

Memorial Day tributes are among the programs to be sponsored Purchase, NY, 2015-3-2 — /EPR Retail News/ — As we observe the 70th anniversary of the end of World War II this year, The Stop & Shop Supermarket Company LLC has announced that the company will be honoring New York area veterans and those returned from active duty…

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Price comparison study reveals Giant’s prices were lower relative to Safeway, Shoppers and Harris Teeter in Washington, D.C., Virginia, and Maryland

Price Comparisons Show Giant Prices Lower for Frequently Purchased Products Landover, Md., 2015-3-2 — /EPR Retail News/ — Giant Food of Landover, Md. is committed to providing customers with the highest quality products at great prices. Today, Giant announced the results of a price comparison study revealing that Giant’s prices were lower relative to Safeway, Shoppers and Harris…

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Hy-Vee CEO Randy Edeker named CEO of the Year by Retail Leader magazine

The retail food industry magazine recognizes Edeker as one of 2014’s top CEOs WEST DES MOINES, Iowa, 2015-3-2 — /EPR Retail News/ — Hy-Vee, Inc. Chairman of the Board, CEO and President Randy Edeker has been named CEO of the Year by Retail Leader magazine. In the current magazine issue, Edeker is recognized for his outstanding outreach, which includes…

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Free guide on feeding dairy cows now available to all dairy farmers to download via the Morrisons Farming website

Bradford, England, 2015-2-27 — /EPR Retail News/ — A free guide on feeding dairy cows, which has already been posted out to Arla farmers, is now available to all dairy farmers to download via the Morrisons Farming website. Written by the leading experts in their fields and edited by dairy farmers, the guide has been produced by…

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Gap’s Board of Directors approved new $1 billion share repurchase authorization for the company’s common stock

Company Also Increases Annual Dividend for Sixth Consecutive Year SAN FRANCISCO, 2015-2-27 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors approved a new $1 billion share repurchase authorization for the company’s common stock and plans to increase its annual dividend, reinforcing the company’s commitment to returning excess cash to shareholders. The new…

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Starbucks created two Community Stores as part of its commitment to hire veterans and military spouses

SEATTLE, 2015-2-27 — /EPR Retail News/ — Employing two Marine Corps veterans, a former Navy machinist and two military spouses, a Starbucks store in San Diego has among the highest percentage of partners (employees) with personal connections to the U.S. Armed Forces.  It’s fitting that this Starbucks location has received a special designation as the…

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Walmart and Walmart Foundation announced initial investment of $16 million to seven national nonprofit organizations at the National Opportunity Summit

Grants serve as first investment by the company and its foundation as part of larger $100 million commitment to create economic mobility for the U.S. retail workforce WASHINGTON, D.C., 2015-2-27 — /EPR Retail News/ — Today, at the National Opportunity Summit in Washington, D.C., Walmart and the Walmart Foundation will announce an initial investment of $16…

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