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Rite Aid Corporation reported $6.7 billion revenues for its fiscal third quarter ended November 29, 2014

• Third Quarter Net Income of $104.8 Million and Net Income per Diluted Share of $0.10, Compared to Prior Year's Third Quarter Net Income of $71.5 Million and Net Income per Diluted Share of $0.04 • Third Quarter Adjusted EBITDA of $332.8 Million Compared to Adjusted EBITDA of $282.3 Million in Prior Third Quarter • Rite Aid Raises Fiscal 2015 Outlook CAMP HILL, Pa., 2014-12-18…
December 18, 20140Comments

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Healthcare Management Marketing Retail Retailer Shopping

Rite Aid stores nationwide to help customers complete their last-minute shopping lists with extended shopping hours, gift options, holiday treats and home decorations

Most Rite Aid Stores Offer Extended Shopping Hours From 8 a.m. to 11 p.m. Through Dec. 23 Camp Hill, Pa., 2014-12-18 — /EPR Retail News/ — Rite Aid stores nationwide are helping customers complete their last-minute shopping lists at each of its 4,600 convenient locations with great gift options, tasty holiday treats and unique home decorations. According…
December 18, 20140Comments

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Business Management Marketing Retail Retailer

NRF’s Holiday Consumer Spending Survey: the average holiday shopper completed 52.9 percent of their shopping as of December 10, up from 49.9 percent last year

WASHINGTON, 2014-12-18 — /EPR Retail News/ — For millions of Americans the rush to find the perfect gift started early this year, and according to the National Retail Federation’s latest Holiday Consumer Spending Survey conducted by Prosper Insights & Analytics, the average holiday shopper has completed 52.9 percent of their shopping as of December 10, up…
December 18, 20140Comments

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Business Management Retail Retailer

UK’s foremost investigator of labour exploitation GLA to deliver bespoke training for the Sainsbury’s product suppliers

LONDON, 2014-12-18 — /EPR Retail News/ — The GLA has teamed up with Sainsbury’s in a ground-breaking partnership between the UK’s foremost investigator of labour exploitation and the supermarket to deliver bespoke training for its product suppliers. The training focuses on assisting Sainsbury’s suppliers in identifying whether hidden exploitative practices exist at the farms, pack houses,…
December 18, 20140Comments

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E-Commerce Electronics Management Marketing Online Retailers Online Shopping Retail Retailer Shopping

Argos commissioned Leeds Beckett University report unveiled the new ways people are shopping in modern-day Britain

Milton Keynes, UK, 2014-12-18 — /EPR Retail News/ — A new independent report has unveiled the new ways that 49 million[1] people are shopping in modern-day Britain. Eight different shopping ‘tribes’ have been revealed in the How We Shop Report[2], commissioned by Argos through Opinion Matters in partnership with Leeds Beckett University, identifying the different tactics and…
December 18, 20140Comments

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Business Financial Management Retail Retailer

Brazilian investment company Península takes 10% stake in Carrefour subsidiary in Brazil

Boulogne-Billancourt, France, 2014-12-18 — /EPR Retail News/ — The Carrefour group announces today that the Brazilian investment company Península, chaired by Abilio Diniz, is taking a 10% stake in its subsidiary in Brazil. This transaction is a significant first step in the plan, previously announced by Carrefour group Chairman and Chief Executive Officer, Georges Plassat, to bring…
December 18, 20140Comments

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Business Grocery Management Retail Retail Services Retailer

Customers at 400 Tesco stores will have dedicated bag packers working every day from now until Christmas Eve

• Customers to receive the best possible service this Christmas as Tesco steps up customer service efforts • From today 400 Tesco stores will have teams of 6-9 bag packers • All large stores will also have a dedicated greeter at the store entrance Cheshunt, England, 2014-12-18 — /EPR Retail News/ — Customers at 400 Tesco stores will have…
December 18, 20140Comments

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Food & Beverage Management Retail Retailer

Starbucks CEO Howard Schultz discussed racial tension in America with partners who work in the Starbucks Support Center

SEATTLE, 2014-12-18 — /EPR Retail News/ — One week ago today Starbucks chairman, president and ceo Howard Schultz held an impromptu meeting in the company’s Seattle headquarters that many partners (employees) said was “the most emotional, powerful discussion” they’ve ever been a part of. Although all-company meetings, called Partner Open Forums, are regular occurrences for partners…
December 18, 20140Comments

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Convenience Stores Management Retail Retailer

NACS Consumer Fuels Survey: More consumers think that gas prices will be lower in the next 30 days rather than higher

ALEXANDRIA, VA, 2014-12-17 — /EPR Retail News/ — The recent decline in fuel prices has resonated with consumers, 80% of whom report that gas prices are lower than they were 30 days ago and, for the first time in two years, more consumers think that gas prices will be lower in the next 30 days (30%) rather…
December 17, 20140Comments

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Apparel Fashion Management Marketing Retail Retailer

Banana Republic to give additional perks for last-minute shoppers during its The Procrastinators Event on December 17 – 22

The Procrastinators Event offers shoppers free taxi rides, free shipping, extra helping hands, same-day delivery and more San Francisco, 2014-12-17 — /EPR Retail News/ — Just in time for the final holiday shopping rush, Banana Republic is announcing The Procrastinators Event for those who’ve been putting off their holiday shopping until now. From December 17 – 22, the…
December 17, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer Shops

IKEA plans for a possible store in the City of Memphis and Shelby County, Tennessee

CONSHOHOCKEN, PA, 2014-12-17 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today proposed plans for a possible store in the City of Memphis and Shelby County, Tennessee that could increase the Swedish retailer’s presence in the Southeastern United States as its first store in the state. The potential store could open as…
December 17, 20140Comments

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Business E-Commerce Financial Management Marketing Retail Retailer

Wincor Nixdorf to unveil new technology and services to help retailers automate their point of sale at the upcoming NRF event in New York

New technology and services, to be unveiled at NRF in New York, provide a seamless experience for shoppers and merchants Paderborn, Germany, 2014-12-16 — /EPR Retail News/ — Wincor Nixdorf, a global leader in advanced retail and banking IT solutions, today provided an update to its storyline for the upcoming National Retail Federation (NRF) event in…
December 16, 20140Comments

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Business Financial Management Retail Technology

Wincor Nixdorf and planfocus software formed strategic partnership to optimize cash logistics

planfocus software and Wincor Nixdorf agree on global cooperation: Paderborn, Germany, 2014-12-16 — /EPR Retail News/ — Wincor Nixdorf, one of the world’s leading providers of IT solutions for retail banks and retailers, and planfocus software, a company specializing in software for optimizing the cash supply chain, are to enter into a strategic partnership. The partnership…
December 16, 20140Comments

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Food & Beverage Grocery Management Retail Retailer

Russia’s largest food retailer “Magnit” announces the opening of its 84th and 85th “Magnit Family” stores

Krasnodar, Russia, 2014-12-16 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the new “Magnit Family” stores. Please be informed that today the Company has opened its 84th and 85th “Magnit Family” stores. The 84th “Magnit Family” store is located at 6, Kommunisticheskaya street, Togliatti,…
December 16, 20140Comments

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Children Management Retail Retailer

Toys“R”Us® extends shopping hours in its stores nationwide in the days leading up to Christmas

Time-Crunched Customers Will Find the Best In-Stock Selection on the Hottest Toys, Daily Deals, Expert Assistance and More at The World’s Greatest Toy Store®, Along with Uninterrupted Shopping from 6am Tuesday, December 23 through 9pm Christmas Eve WAYNE, NJ, 2014-12-16 — /EPR Retail News/ — As the sound of sleigh bells draws nearer, Toys“R”Us® today announced its stores…
December 16, 20140Comments

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Business Food & Beverage Management Marketing Retail Retailer

Columbia Wegmans transforms its Food Bar into Burger Bar

ROCHESTER, NY,  2014-12-16 — /EPR Retail News/ — Change has been in the air at Columbia Wegmans this fall. The former Food Bar has been transformed into the Burger Bar – a new name and menu are waiting for your visit. What’s worth noticing?< The delish new menu, with a focus on burgers, along with sandwich and salad options…
December 16, 20140Comments

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Business Food & Beverage Management Retail Retailer

Dunkin’ Donuts signs multi-unit store development agreements with two franchise groups to develop four new restaurants in Colorado

CANTON, MA, 2014-12-16 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of multi-unit store development agreements with two franchise groups to develop four new restaurants in Colorado over the next several years. The two franchise groups and their development plans include: - New franchisee Brian “Gib” Long…
December 16, 20140Comments

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Business Financial Management Retail Retailer

Ahold announces its share buyback program has been finalized as of December 12, 2014

Zaandam, the Netherlands, 2014-12-16 — /EPR Retail News/ — Ahold has repurchased 1,501,600 Ahold common shares in the period from December 8, 2014 up to and including December 12, 2014. The shares were repurchased at an average price of €14.3088 per share for a total consideration of € 21.49 million. These repurchases were made as part of the…
December 16, 20140Comments

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Apparel Business Fashion Management Retail Retailer

H&M Group reports 10% increase of its sales including VAT in local currencies in November 2014 vs same month last year

STOCKHOLM, Sweden, 2014-12-16 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 10 percent in local currencies in November 2014 compared to the same month last year. In the fourth quarter of 2014, i.e. during the period 1 September to 30 November, sales including VAT increased by 11 percent in local currencies. Sales…
December 16, 20140Comments

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Consumer Services E-Commerce Electronics Management Online Retailers Online Shopping Retail Retailer

Argos gives its Victoria store a ‘digital makeover’ now local residents can take advantage of the speed and convenience of online shopping

Milton Keynes, UK, 2014-12-16 — /EPR Retail News/ — Local residents in Victoria can now take advantage of the speed and convenience of online shopping on their local high street, thanks to Argos which has given their store a ‘digital makeover’. The revamped ‘paperless’ store has a fresh and contemporary look, with tables of tablets replacing Argos’…
December 16, 20140Comments

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Business Management Retail Retailer

The Local Court in Düsseldorf appointed Gwyn Burr as member of the Supervisory Board of METRO AG

Düsseldorf, Germany, 2014-12-16 — /EPR Retail News/ — The Local Court in Düsseldorf appointed Gwyn Burr (51), former executive manager at Sainsbury's, as member of the Supervisory Board of METRO AG. In this function, she succeeds Baroness Lucy Neville-Rolfe who had been appointed Undersecretary of State at the British Department for Business, Innovation & Skills in summer…
December 16, 20140Comments

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Management Philanthropy Retail Retailer

Walmart announced the 75 food pantry winners of the Food Pantry Holiday Makeover campaign; each to receive a $20,000 grant for facility makeovers

Food Pantry Holiday Makeover Campaign Awards $20,000 in Grants to 75 Food Pantries Across the Country BENTONVILLE, Ark., 2014-12-16 — /EPR Retail News/ — Today, Walmart announced the 75 food pantry winners of the Food Pantry Holiday Makeover campaign that will each receive a $20,000 grant for facility makeovers. Over the past two weeks, communities nationwide came…
December 16, 20140Comments

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Business Financial Management Retail Retailer

Palm Springs Albertsons/Sav-On Pharmacy honors Desert AIDS Project with $1,000 donation for its re-opening

CALIFORNIA, 2014-12-15 — /EPR Retail News/ — Blustery weather couldn’t keep customers and community members away from the afternoon ribbon cutting ceremony held in celebration of the newly renovated Palm Springs Albertsons/Sav-On Pharmacy on Dec. 3. Surrounded by his department managers, Store Director Tim Hesting was elated to talk about his ‘new’ store, “It has been…
December 15, 20140Comments

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Food & Beverage Grocery Management Retail Retailer

Rancho Mirage ABS first Southern California store to feature in-store juice bar

CALIFORNIA, 2014-12-15 — /EPR Retail News/ — Just in time for the holidays, the Rancho Mirage Albertsons/Sav-On Pharmacy is sporting a new look and store associates were rolling out the red carpet for all at their Dec 3 ribbon cutting ceremony. And even though it was early in the morning, few could resist all of…
December 15, 20140Comments

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Business Financial Malls Management

Standard & Poor’s Rating Services raised CBRE’s corporate rating to Investment Grade (BBB-), with a positive outlook

Los Angeles, CA, 2014-12-15 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Standard & Poor’s Rating Services (S&P) has raised CBRE’s corporate rating to Investment Grade (BBB-), with a positive outlook. This is the second time in six months that S&P has raised its rating of CBRE.  S&P took its latest action under…
December 15, 20140Comments

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Business Management Retail Retailer

Former Camp Pendleton Commissary store director Scott Hill promoted as DeCA’s Zone 18 manager

FORT LEE, Va., 2014-12-12 — /EPR Retail News/ — Scott Hill, former Camp Pendleton Commissary, California, store director has been promoted as DeCA's Zone 18 manager, filling a vacancy left when the zone's former manager Ken Chastain moved to be DeCA's Zone 35 manager. The changes took place in August and September. Chastain, who moved in August to…
December 12, 20140Comments

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Awards Business Management Retail Retailer

Magnit’s CEO Sergey Galitskiy named the CEO of the Year by The Moscow Times

Krasnodar, Russia, 2014-12-12 — /EPR Retail News/ — Sergey Galitskiy, CEO of “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) has been named the CEO of the Year by The Moscow Times. Magnit CEO Sergey Galitskiy became the winner in the CEO of the Year Large Company category by Moscow Times, for combined performance, and growth, investment and…
December 12, 20140Comments

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Business Financial Management Retail Retailer

METRO GROUP acquires 15% stake in Düsseldorf-based start-up retailer Emmas Enkel

Real supplies Emmas Enkel stores Significant acceleration of expansion in German city centres Düsseldorf, Germany, 2014-12-12 — /EPR Retail News/ — Emmas Enkel, an emerging corner store and online food retailer, has found a strong partner: METRO GROUP is a new shareholder in the Düsseldorf-based start-up company and now supports its business processes as well as the…
December 12, 20140Comments

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Business Malls Management Retail

Unibail-Rodamco signs agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier

Paris, Amsterdam, 2014-12-12 — /EPR Retail News/ — Unibail-Rodamco, Europe’s leading listed commercial property company, has signed an agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier. This includes the acquisition of land plots from former owners. The agreement is subject to ratification by the State Parliament of Hamburg. The development project…
December 12, 20140Comments

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Business Financial Management Retail Retailer

Equity One, Inc. closes $600 million unsecured revolving credit facility which replaces its existing $575 million facility

North Miami Beach, FL, 2014-12-11 — /EPR Retail News/ — Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today that it has closed a $600 million unsecured revolving credit facility which replaces its existing $575 million facility. The new facility, which matures on December 31, 2018, with options to extend the maturity…
December 11, 20140Comments

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