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Russia’s largest food retailer Magnit ranked #1 on Boston Consulting Group’s “The Retail Top Ten” list

Krasnodar, 2014-7-17 — /EPR Retail News/ —  OJSC “Magnit”, Russia’s largest food retailer (MICEX and LSE ticker: MGNT) tops the Boston Consulting Group’s (BCG) 2014 List of Value Creators ranking of “The Retail Top Ten” (see chart below). Magnit ranked #1 on list “The Retail Top Ten”, with an average annual TSR of 72.2% ahead of such global…
July 17, 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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Apparel Business Fashion Management Marketing Retail Retailer

J. C. Penney Company, Inc. announced the launch of new back-to-school marketing campaign that celebrates self-expression

PLANO, Texas, 2014-7-17 — /EPR Retail News/ —  Underscoring its commitment to fit every shape, size, color, wallet, style and occasion, J. C. Penney Company, Inc. (NYSE:JCP) today announced the launch of a new back-to-school marketing campaign that celebrates self-expression, showing how the perfect fit inspires kids to stand out and feel one-of-a-kind. The campaign kicks off…
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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Automotive Business Management Retail Retailer

U.S. largest retailer of used cars CarMax, Inc. opened its second store in Ft. Worth

RICHMOND, Virginia, 2014-7-17 — /EPR Retail News/ —  CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has officially opened its second store in Ft. Worth. Located at 4700 River Ranch Blvd., this is CarMax’s sixteenth store in Texas. The Southwest Ft. Worth store is more than 20,000-square-feet, occupies more than 11 acres, employs nearly 70…
July 17, 20140Comments

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Business Food & Beverage Management Marketing Retail Retailer

Starbucks Coffee Company debuted its first store in Colombia honoring the country’s rich coffee heritage, plans to open 50 stores over the next 5 years

First country in the world to serve 100% locally sourced Starbucks® coffee First market in Latin America to offer Starbucks Reserve® Coffee and the Clover® Brewing System 50 stores planned to open in the market over next five years Company reiterates long-term commitment to Colombian coffee farmers and announces investment in Bogota public high schools…
July 17, 20140Comments

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Business Management Marketing Retail Retailer

CBRE Group Inc. and U.S. Equities Realty LLC to combine their Chicago area operations

CBRE Enhances Market Leadership in Greater Chicago Area Los Angeles, 2014-7-17 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) and U.S. Equities Realty, LLC today announced that the companies will combine their Chicago area operations.  The transaction brings together CBRE’s global leadership and expertise across markets and business lines with U.S. Equities Realty’s strong position in…
July 17, 20140Comments

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Business Food & Beverage Management Marketing Retail Retailer Sports

Atlanta Hall Management announced its new logo and Chick-fil-A’s lead sponsorship of the new College Football Hall of Fame in downtown Atlanta

ATLANTA, 2014-7-17 — /EPR Retail News/ —  Atlanta Hall Management today announced its new logo and Chick-fil-A’s lead sponsorship of the new College Football Hall of Fame in the heart of the sports and entertainment district in downtown Atlanta. The attraction will officially be called the “College Football Hall of Fame and Chick-fil-A Fan Experience,” which will…
July 17, 20140Comments

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Children Management Marketing Retail Retailer Toys

Argos research reveals younger generation still yearn for traditional toys

Milton Keynes, UK,   2014-7-17 — /EPR Retail News/ —  Despite digital gadgets becoming an everyday essential for young and old, the younger generation still yearn for traditional toys; with more kids spending over five hours a week playing with classic toys (63 per cent) compared to PC and console gaming (54 per cent) 1* New research…
July 17, 20140Comments

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Entertainment Management Marketing Philanthropy Retail Retailer

Federated Co-operatives Limited CEO Scott Banda: Our thoughts are with the residents and businesses in Saskatchewan and Manitoba dealing with the impact of flood waters

Saskatchewan, Canada, 2014-7-16 — /EPR Retail News/ — The Co-operative Retailing System (CRS) is working together to support members of our communities confronted with the challenges of flood waters. “Our thoughts are with the residents and businesses in Saskatchewan and Manitoba dealing with the impact of flood waters,” said Federated Co-operatives Limited CEO Scott Banda. “We’re all…
July 16, 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 Management Retail

Former U.S. Secretary of Defense and CIA Director Leon E. Panetta will present the keynote address at 2015 NGA Show in Las Vegas, February 8-11, 2015

Arlington, VA, 2014-7-16 — /EPR Retail News/ —  Former U.S. Secretary of Defense and Director of the Central Intelligence Agency (CIA) Leon E. Panetta will present the keynote address at the National Grocers Association's (NGA) 2015 NGA Show in Las Vegas, February 8-11, 2015. Panetta served as a Member of the House of Representatives from California's 16th (now…
July 16, 20140Comments

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Food & Beverage Grocery Management Retail Retailer

15 tonnes of high quality English grown apricots will be made available in 200 Tesco stores across UK

Cheshunt, England,  2014-7-15 — /EPR Retail News/ —  It’s taken several years of careful preparation but 2014 will go down in agricultural history as the year that the UK got its own apricot industry. While very small amounts of English grown apricots have appeared on supermarket shelves over the last few years this is the first time that…
July 15, 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 Home & Garden Home Decor Management Retail Retailer

IKEA submits plans to Clark County, Nevada for a Las Vegas-area store

CONSHOHOCKEN, PA, 2014-7-15 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced it is submitting plans to Clark County, Nevada for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s…
July 15, 20140Comments

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Apparel Business Fashion Management Retail Retailer

H&M Group reports 12 percent increase in total sales for June 2014 compared to the same month last year

Stockholm, Sweden,  2014-7-15 — /EPR Retail News/ —  In June 2014, the H&M Group total sales including VAT increased by 12 percent in local currencies compared to the same month last year. Sales in June were negatively affected by calendar effects of approximately 3 – 4 percentage points. The total number of stores amounted to 3,301 on…
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 Management Marketing Retail

BRC-KPMG ONLINE RETAIL SALES MONITOR JUNE 2014: UK sales of non-food products grew 10.6% vs last year’s June

LONDON, 2014-7-15 — /EPR Retail News/ —  Online sales of Non-Food products in the UK grew 10.6% in June versus a year earlier. In June 2013, they had increased by 12.5% over the previous year. This is the lowest online growth recorded since July 2013. In June, online sales represented 17.2% of total Non-Food sales of our…
July 15, 20140Comments

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Business Management Marketing Retail

BRC-KPMG RETAIL SALES MONITOR JUNE 2014: UK retail sales down 0.8% vs June 2013

LONDON, 2014-7-15 — /EPR Retail News/ —  UK retail sales were down 0.8% on a like-for-like basis from June 2013, when they had increased 1.4% on the preceding year. On a total basis, sales were up 0.6%, against a 2.9% rise in June 2013. Excluding Easter distortions, this is the lowest total growth recorded since May 2011.…
July 15, 20140Comments

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Apparel Fashion Management Philanthropy Retail Retailer

Boys & Girls Clubs of America announced Old Navy’s donation drive to support young people in communities across the US

Retailer to Match Customer Donations, for a Potential Total Donation of $1 Million ATLANTA, 2014-7-15 — /EPR Retail News/ — Boys & Girls Clubs of America (BGCA) today announced Old Navy’s donation drive to support young people in communities across the US. The drive will take place in Old Navy stores nationwide from July 17th through July 30th,…
July 15, 20140Comments

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Business Management Retail

ICSC and Goldman Sachs Weekly Chain Store Sales Index rose by 0.1% for the week ending July 12, fifth consecutive weekly gain

Fifth Consecutive Weekly Gain NEW YORK, 2014-7-15 — /EPR Retail News/ —  The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index rose by 0.1% for the week ending July 12 – relative to its prior week – marking its fifth consecutive sequential weekly gain. On a year-over-year basis, sales momentum accelerated…
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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Business Grocery Management Retail Retailer

Defense Commissary Agency appoints Air Force Command Chief Master Sgt. Stuart M. Allison new senior enlisted advisor to the director

FORT LEE, Va., 2014-7-14 — /EPR Retail News/ — Air Force Command Chief Master Sgt. Stuart M. Allison is the Defense Commissary Agency's new senior enlisted advisor to the director. He reported to the agency July 1. Allison succeeds Army Command Sgt. Maj. John M. Gaines Jr., who retires Aug. 31. Allison comes to DeCA from Whiteman…
July 14, 20140Comments

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Business Environment Management Retail Retailer

Carrefour announced it is one of the founding partners of Solutions COP21

PARIS, 2014-7-14 — /EPR Retail News/ —  As the world prepares for COP21 – the United Nations Climate Change Conference scheduled to be held in Paris in December 2015 – Solutions COP21 has created an original scheme for showcasing initiatives and solutions to do with climate. It was launched on 9 July 2014, and Carrefour is one…
July 14, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer

IKEA submitted plans to the City of Renton, WA for new building to replace its current Seattle-area store

CONSHOHOCKEN, PA, 2014-7-11 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced it is submitting plans to the City of Renton, Washington for a new and updated building to replace its current store as the Swedish retailer’s Seattle-area presence. The application will mark the beginning of the governmental review process for this…
July 11, 20140Comments

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Business Management Marketing Retail Retailer

NRF and Hackett Associates report: retailers bring holiday merchandise into the country at record levels due to the expiration of West Coast port contract

WASHINGTON, 2014-7-11 — /EPR Retail News/ —   With West Coast longshoremen still negotiating a new contract, retailers are bringing holiday merchandise into the country at record levels to protect against potential supply chain disruptions, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Import volume at major…
July 11, 20140Comments

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Business Law Management Retail Retailer

NRF supports the National Day of Action for Immigration Reform

WASHINGTON, 2014-7-11 — /EPR Retail News/ —  The National Retail Federation today issued the following statement from President and CEO Matthew Shay in support of the National Day of Action for Immigration Reform: “The National Retail Federation strongly supports legislative efforts aimed at reforming our broken and ineffective immigration system, and commends activities that seek to raise…
July 11, 20140Comments

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