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Argos gives its Kensington store a ‘digital makeover’

Milton Keynes, UK, 2014-9-1 — /EPR Retail News/ —  Local residents in Kensington can now take advantage of the speed and convenience of online shopping on their local high street, thanks to Argos which has given its Kensington store a ‘digital makeover’. The store, located on Kensington High Street, was selected from more than 700 Argos stores…
September 1, 20140Comments

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Business Management Retail Retailer

Suomen Osuuskauppojen Keskuskunta (SOK) renews its consumer goods trade organisation

Helsinki, Finland,  2014-9-1 — /EPR Retail News/ —  SOK is renewing its consumer goods trade organisation. The related statutory labour negotiations are now completed and, following on from the decisions, the number of employees will be reduced by approximately 110 people. Originally, the estimate was a maximum of 130 people. The organisational reform was triggered by…
September 1, 20140Comments

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Business Financial Management Retail Retailer

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…
September 1, 20140Comments

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Business Financial Management Retail Retailer

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…
September 1, 20140Comments

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Business Financial Management Retail Retailer

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…
September 1, 20140Comments

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Business Children Financial Management Retail Retailer Toys

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…
September 1, 20140Comments

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Management Philanthropy Retail Retailer

Lowe’s grants $500,000 to The Thurgood Marshall College Fund to assist graduating seniors in need of financial support

Grant to Fund Scholarships for Graduating Seniors at Historically Black Colleges and Universities  Washington, DC, 2014-8-29 — /EPR Retail News/ — The Thurgood Marshall College Fund is pleased to announce a $500,000 grant from Lowe’s to assist students attending publicly-supported Historically Black Colleges and Universities (HBCUs). This grant will assist graduating seniors in need of financial support…
August 29, 20140Comments

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Management Philanthropy Retail Retailer

Meijer, SKECHERS and K.I.D.S./Fashion Delivers teamed up to give away 2,000 new BOBS from SKECHERS shoes to Detroit children in need

Children from Detroit Public Schools and Variety Detroit also visited the Detroit Zoo, met professional athletic team athletes and mascots GRAND RAPIDS, Mich., 2014-8-29 — /EPR Retail News/ —  Meijer, SKECHERS and K.I.D.S./Fashion Delivers teamed up earlier this week to give away 2,000 new BOBS from SKECHERS shoes to Detroit children in need during a day of fun…
August 29, 20140Comments

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Business Management Marketing Retail Retailer

REWE Group joins European association Independent Retail Europe

Brussels/Cologne, 2014-8-29 — /EPR Retail News/ — By joining the European association Independent Retail Europe on 1 September, the REWE Group gets to the final round in reaching one of its key objectives: strengthening its independent retailers. Independent Retail Europe represents groups of independent retailers and associations of these groups, and service providers to independent retailers in the…
August 29, 20140Comments

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Management Retail Retailer

PHILIPPINES: SM Development Corp. welcomes new residents to its two condominium developments in Makati and Mandaluyong

Pasay City, Philippines, 2014-8-29 — /EPR Retail News/ —  SM Development Corp. (SMDC), the residential development arm of property conglomerate SM Prime Holdings, Inc., has turned over more than 2,500 units in two condominium developments in Makati, and Mandaluyong. As of end-June, SMDC started the turn over to customers their units in two project phases: 1,077 units of…
August 29, 20140Comments

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Business Environment Management Retail Retailer

Walmart announced new commitment to advance energy efficiency and reduce environmental impact of its China-based manufacturers

Walmart builds on ongoing commitment to boost energy efficiency and reduce environmental impact of China supply chain SHENZHEN, China, 2014-8-28 — /EPR Retail News/ —  At today’s Walmart Supplier Summit in Shenzhen, Walmart announced a new commitment to further strengthen the sustainability of its global supply chain by advancing the energy efficiency of its China-based manufacturers. The commitment…
August 28, 20140Comments

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Business Management Retail Retailer

The National Retail Federation appoints Mary Heitman Vice President of Retail Programs

Mary Heitman Named Vice President of Retail Programs WASHINGTON, 2014-8-28 — /EPR Retail News/ — The National Retail Federation today announced the hiring of Vice President of Retail Programs, Mary Heitman. Heitman comes to NRF from the Trust for the National Mall, where she served as director of events and deputy director of development. In that role,…
August 28, 20140Comments

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Food & Beverage Grocery Management Retail Retailer

Co-op launches its new At Home campaign

Western Canada, 2014-8-28 — /EPR Retail News/ — Buying local food items and supporting local businesses has never been easier thanks to new in-store labels and an innovative local scoring system being introduced in 210 Co-op stores throughout Western Canada. Co-op is launching its new At Home campaign (www.athomewithcoop.ca) this week in Alberta and British Columbia. It will be introduced…
August 28, 20140Comments

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E-Commerce Management Marketing Retail Retailer

Target adopts Like2Buy; lets Instagram users easily buy products featured in photos from participating brands

MINNEAPOLIS, 2014-8-28 — /EPR Retail News/ —  You know those moments when that must-have pair of shoes or one-of-a-kind bag appears in your Instagram feed? How about the bummed out feeling after, because you can’t quickly buy what you see? We’re all familiar with the longing that comes from countless hours scouring the Internet tracking down the object…
August 28, 20140Comments

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Business Management Philanthropy Retail Retailer

Groupe Auchan contributes $1.5 million to Rana Plaza Donor’s Trust Fund set up under the auspices of the ILO

Groupe Auchan has decided to contribute a total of $1.5 million to the Rana Plaza Donor's Trust Fund set up under the auspices of the ILO. PARIS, 2014-8-28 — /EPR Retail News/ — The company's employees, buyers, Group council personnel representatives, and shareholders were all distressed by the tragedy of April 24, 2013 in Dhaka, Bangladesh, where the…
August 28, 20140Comments

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Management Philanthropy Retail Retailer

Co-op to help four students begin postsecondary educations toward career in agriculture this fall

Western Canada, 2014-8-27 — /EPR Retail News/ — Four students beginning post-secondary educations this fall are establishing roots toward a career in agriculture with the help of Co-op.  Each student is eligible to receive scholarships up to $20,000, paid summer internships, and the opportunity to secure future employment (including signing bonus) during their pursuit of a diploma or…
August 27, 20140Comments

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Home & Garden Home Decor Management Philanthropy Retail Retailer

Lowe’s awards $1 million Lowe’s Community Partners grant to Keep America Beautiful

STAMFORD, CONN., 2014-8-27 — /EPR Retail News/ —  Keep America Beautiful (KAB), the national nonprofit that builds and sustains vibrant communities, today announced Lowe’s (NYSE: LOW) has awarded KAB a $1 million Lowe’s Community Partners grant. Lowe’s donation will support more than 60 local community service projects and KAB’s Great American Cleanup, the nation’s largest community improvement…
August 27, 20140Comments

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Awards Business Management Retail Retailer

PT. Matahari Putra Prima, Tbk awarded “Best Senior Management Investor Relations Support & Most Improved Investor Relations” from Alpha Southeast Asia

Tangerang, Indonesia, 2014-8-27 — /EPR Retail News/ — PT. Matahari Putra Prima, Tbk ("MPPA") was awarded the "Best Senior Management Investor Relations Support & Most Improved Investor Relations" from Alpha Southeast Asia. The award was presented at the Mandarin Oriental in Jakarta by Publisher & CEO of Alpha Southeast Asia, Siddiq Bazarwala, to the Chief of Investor…
August 27, 20140Comments

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Business Electronics Management Retail Retailer

JB HI-FI announces the appointment of Tim Carter to the newly created position of Online & Commercial Director

Melbourne, Australia,  2014-8-26 — /EPR Retail News/ — JB HI-FI today announces the appointment of Tim Carter to the newly created position of Online & Commercial Director. Tim will report to the Chief Executive Officer, Richard Murray, and will have primary responsibility for the Company’s online and commercial businesses. Tim was previously with JB HI-FI between September 2005…
August 26, 20140Comments

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Business Financial Management Retail Retailer

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…
August 26, 20140Comments

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Business Management Retail Retailer

MAXIMA GRUPĖ announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland

Vilnius, Lithuania,   2014-8-26 — /EPR Retail News/ —  MAXIMA GRUPĖ, running the retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria, announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland. Žydrūnas Valkeris steps in as the new general director of “MAXIMA LT”. Previously he has managed Poland’s company “ALDIK NOVA”…
August 26, 20140Comments

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Grocery Management Marketing Retail Retailer

Meijer hosts more than 20 in-store parties to welcome 40,000 incoming college freshmen across the Midwest

Retailer hosts more than 20 in-store parties for incoming students across the Midwest GRAND RAPIDS, Mich., 2014-8-26 — /EPR Retail News/ —  Midwest retailer Meijer is welcoming an estimated 40,000 incoming college freshmen as they head to campus this fall during the widely-popular in-store parties dubbed “Meijer Mania.” These annual Back-to-College events celebrate incoming students in style during a…
August 26, 20140Comments

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Business Consumer Services Grocery Management Marketing Retail Retailer

ShopRite of Waretown extends its delivery service for its popular ShopRite from Home service to all of Long Beach Island

Waretown, NJ, 2014-8-26 — /EPR Retail News/ —  Stocking up for that beach vacation just got easier! ShopRite of Waretown has announced that it has extended its delivery service for its popular ShopRite from Home service to all of Long Beach Island. By placing an order online at ShopRite.com or via the ShopRite from Home mobile app,…
August 26, 20140Comments

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Grocery Management Marketing Retail Retailer

ShopRite of Greenway Plaza in Yonkers to award “Win Free Groceries for a Year” Sweepstakes winner on August 29, 2014

New York, 2014-8-26 — /EPR Retail News/ —  Gift card presentation and celebration scheduled for Friday, August 29th at 2 PM WHAT: ShopRite recently held a sweepstakes to award one lucky customer with a year of free groceries! The winner of ShopRite’s “Win Free Groceries for a Year” Sweepstakes is Mount Vernon resident Jeanine Beard,who was chosen from more than 20,000 customer…
August 26, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

New Zealand: Queenstown Mediterranean Market to become Raeward Fresh Queenstown Market on Monday 8 September 2014

Queenstown, New Zealand, 2014-8-26 — /EPR Retail News/ — Local owners of the Queenstown Mediterranean Market, Angela and Nathan Imlach are thrilled they have recently joined the Raeward Fresh family. While the store will be retailing under the Raeward Fresh brand, Angela and Nathan will still maintain 100% ownership of the business. Angela and Nathan have been operating…
August 26, 20140Comments

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Business Electronics Financial Management Retail Retailer

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…
August 26, 20140Comments

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Electronics Management Marketing Retail Retailer Technology

Argos reported 90% YoY increase in sales of instant cameras in the last week

Milton Keynes, UK, 2014-8-22 — /EPR Retail News/ — Over the past week, sales of instant picture cameras have soared as Brits opt for the retro camera look to capture their precious memories while out and about this summer. Digital retailer Argos has reported a 90 per cent year on year increase in sales of instant cameras in the…
August 22, 20140Comments

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Home & Garden Home Decor Management Marketing Retail Retailer

Argos to launch full through-the-line campaign for its first ever home and furniture power brand ‘Heart of House’

Milton Keynes, UK,  2014-8-22 — /EPR Retail News/ —  Argos is heralding the launch of Heart of House, its first ever home and furniture power brand, with a full through-the-line campaign, kicking off with TV advertising on Monday 25 August and running across press, digital, social and PR. The campaign, which was created by agency Path WorldWide,…
August 22, 20140Comments

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Business Healthcare Management Marketing Retail Retailer

John Lewis to open two John Lewis Opticians in its Stratford City and Cardiff department stores this Autumn

LONDON, 2014-8-22 — /EPR Retail News/ —  John Lewis has announced that it will open two John Lewis Opticians in its Stratford City and Cardiff department stores this Autumn. The new venture will focus on building longstanding relationships between optician and patient and will offer customers the very best in eye healthcare. John Lewis Opticians will feature the…
August 22, 20140Comments

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Food & Beverage Grocery Management Marketing Retail Retailer

“Bake-Off effect” contributed to rise in bakery sales at Sainsbury’s

LONDON, 2014-8-22 — /EPR Retail News/ — With the show now in its fifth season, the "Bake-Off effect" has contributed to a rise in bakery sales at Sainsbury’s, with both ingredients and equipment seeing significant uplifts. Sainsbury’s has reported a 30% increase in the sale of flaked almonds after Mary Berry featured Florentines in last week’s episode. Similarly…
August 22, 20140Comments

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