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Management

Management

Rite Aid Corporation appoints Matt Lynch as senior VP and chief information officer

CAMP HILL, PA, 2014-5-5 — /EPR Retail News/ —  Rite Aid Corporation (NYSE: RAD) announced today that Matt Lynch, an information technology executive with nearly 30 years' experience, is joining Rite Aid as senior vice president and chief information officer. In this position, Lynch will be responsible for all aspects of the company's technology and information operations,…

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Target appoints John Mulligan as interim president, CEO and Roxanne S. Austin as interim non-executive chair of the board

MINNEAPOLIS,  2014-5-5 — /EPR Retail News/ —  Target’s board of directors issued the following statement today: “Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target. Effective immediately, Gregg will step down from his positions as Chairman of the Target board of directors,…

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Ingles Markets reported higher sales and net income for the three and six months ended March 29, 2014

ASHEVILLE, N.C., 2014-5-5 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three and six months ended March 29, 2014 as compared with the three and six months ended March 30, 2013.  Second quarter net sales rose $27.1 million to $947.8 million and net income increased 29.2% to…

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Morrisons opened its first accessible, assisted changing places toilet for disabled customers

Bradford, England, 2014-5-5 — /EPR Retail News/ —  Morrisons officially opened its first accessible, assisted Changing Places toilet for disabled customers to appear in any of its UK stores. Intended for a more dignified experience, the washroom features more space than a standard accessible toilet, to accommodate the user and their carer(s), plus a height adjustable…

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Wincor Nixdorf reaffirmed its projection of 4% growth in net sales and 17% rise in EBITA to €155 million in its fiscal 2013/2014

Paderborn, Germany, 2014-5-5 — /EPR Retail News/ —  Wincor Nixdorf AG completed the first six months of fiscal 2013/2014 with a decline in net sales and growth in operating profit. Net sales fell by 3% to €1,230 million (previous year: €1,266 million). Operating profit (EBITA) rose by 3% to €68 million (€66 million). The EBITA…

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400 professionals from around the world to attend CBRE’s 14th annual Women’s Networking Forum in Chicago

Chicago, IL, 2014-5-5 — /EPR Retail News/ —  More than 400 professionals from around the world will come together in Chicago next week for CBRE Group Inc.’s (CBRE) 14th annual Women’s Networking Forum. The 2014 conference, “Dare to be Extraordinary,” is expected to be the largest in the CBRE Women’s Network’s history and will feature presentations…

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Delhaize Group to announce its first quarter 2014 results on May 7, 2014

BRUSSELS, Belgium,  2014-5-2 — /EPR Retail News/ —  Delhaize Group will announce its first quarter 2014 results (ended March 31, 2014) on Wednesday May 7, 2014 at 7:00 a.m. CET. The press release will be available on Delhaize Group's website (www.delhaizegroup.com) immediately after its publication. The Delhaize Group management team will discuss the first quarter 2014…

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National Retail Federation to kick off its annual Loss Prevention Conference and Expo in Fort Lauderdale this June

Keynote by Former U.S. Secretary of Homeland Security Michael Chertoff  WASHINGTON, 2014-5-2 — /EPR Retail News/ —  The National Retail Federation will kick off its annual Loss Prevention Conference and Expo in Fort Lauderdale this June and will welcome Chairman of the Chertoff Group and former Secretary of the U.S. Department of Homeland Security, Michael Chertoff, for the opening keynote address.…

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NRF: Retail employment increased 28,000 in April from March and 241,000 year-over-year

WASHINGTON, 2014-5-2 — /EPR Retail News/ —  The National Retail Federation issued the statements below from President and CEO Matthew Shay and Chief Economist Jack Kleinhenz in response to the April jobs report released today. NRF calculated that retail employment increased 28,000 in April from March and 241,000 year-over-year. March's retail employment was revised upward…

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Kimco Realty Corp acquired 24-property retail portfolio in New England for $270M, including assumption of $120.5M mortgage debt

Company significantly expands in the Boston metropolitan market NEW HYDE PARK, N.Y., 2014-5-1 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE:KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today announced that it has completed the purchase of a 24-property retail portfolio in New England for $270 million, including…

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Babies“R”Us® to serve as the go-to retail destination for the must-have registry products honored with WHAT TO EXPECT® Awards

National In-Store Raffle Event and Online Promotions Planned to Celebrate Award-Winning Baby Registry Products, Offering More Than $300,000 in Prizes NEW YORK, NY, 2014-5-1 — /EPR Retail News/ —  WhatToExpect.com, the official online home for Heidi Murkoff’s world-renowned pregnancy and parenting brand, today announced that Babies“R”Us®, the nation’s leading dedicated baby products authority, will serve as the go-to…

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200 retailers, wholesalers, and food industry state association executives convened in Washington, DC for the annual “Day in Washington” Supermarket Industry fly-in

Healthcare, Chain Restaurant Menu Labeling, Data Security, and Tax Reform Top Industry Agenda  WASHINGTON, D.C., 2014-5-1 — /EPR Retail News/ —  Over 200 grocery retailers, wholesalers, and food industry state association executives from across the nation convened in Washington, DC today for the annual "Day in Washington" Supermarket Industry fly-in. Members of the National Grocers Association (NGA),…

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Wisconsin Grocers Association President Brandon Scholz presented with National Grocers Association (NGA) Association Leadership Award

Arlington, VA, 2014-5-1 — /EPR Retail News/ —  Brandon Scholz, President and CEO of the Wisconsin Grocers Association (WGA) was presented the National Grocers Association (NGA) Association Leadership Award for his dedication and contributions to the independent supermarket industry. Throughout his career, Scholz has been a steadfast industry leader, steering many successful state and federal legislative efforts…

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Rite Aid to serve as platinum sponsor of the Entertainment Industry Foundation’s Revlon Run/Walk For Women events in May

NYC and LA Events Benefit Women's Cancer Research, Counseling and Outreach Programs Winning Nail Enamels from Revlon's "Your Story, Your Shade" Contest Available Exclusively at Rite Aid CAMP HILL, Pa., 2014-5-1 — /EPR Retail News/ —  For the second straight year, Rite Aid will proudly serve as a platinum sponsor of the Entertainment Industry Foundation's Revlon…

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Rite Aid Corporation announced sales results for April 2014

CAMP HILL, Pa., 2014-5-1 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for April. Monthly Sales For the four weeks ended April 26, 2014, same store sales increased 5.0 percent over the prior-year period. April front-end same store sales increased 4.7 percent, with 4.6 percent of the increase attributable to a shift in…

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Morrisons announces its biggest ever price cuts and unveils price transparency website

Bradford, England,  2014-5-1 — /EPR Retail News/ —  Morrisons announces today that it is going to be permanently cheaper with price reductions on 1,200 everyday essentials, reinforcing its credentials as a fresh-led value grocer. Today’s cuts, which average 17%, will span both own-brand and popular branded products which together make up most of families’ weekly shopping…

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Jerónimo Martins reports 5.6% consolidated sales growth in its 1st Quarter 2014 Results

In a highly competitive environment in Poland and in Portugal  CONSOLIDATED SALES GROWTH 5.6% (AT CONSTANT EXCHANGE RATES) First quarter highlights for the Group Consolidated Sales growth 5.6% (at constant exchange rates) and reached 2,912 million euros Operational Cash Flow (EBITDA) of 158 million euros Investment of 109 million euros, with 87% channelled to Biedronka Profit is 62…

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SASCO to release cash dividends for the financial year 2013 with lump sum of 33,750,000 Saudi Riyals

Malaz, Riyadh, 2014-4-30 — /EPR Retail News/ — Reference to SASCO Ordinary General Assembly Meeting (thirty one) held at 4:00 pm of Tuesday April 29th 2014 at SASCO Head office (Al-Ehsa Street Malaz – Riyadh) which was decided to release cash dividends for the financial year 2013 with a lump sum of 33,750,000 Saudi Riyals equivalent to 7.5% of…

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Harris Teeter and Cargill Meat Solutions to host ceremony to present Second Harvest Food Bank of Metrolina with protein and cash donation

Charlotte, N.C. , 2014-4-30 — /EPR Retail News/ —  Donation Timed to Celebrate Launch of USDA Certified Very Tender Program at Harris Teeter Date:        Tuesday, May 6, 2014 Time:        10 a.m. Location:   Ballantyne Commons Harris Teeter 15007 John J. Delaney Drive Charlotte, N.C. 28277 Live shots are welcomed! Tuesday, May 6, 2014, Harris Teeter and Cargill Meat Solutions are hosting a…

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Walmart and key suppliers commit to accelerate innovation in sustainable agriculture and recycling

Leading CEOs pledge to increase sustainable food production, launch recycling fund BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ —  Walmart today joined forces with CEOs from more than a dozen global companies to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand…

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Walmart brings first-of-its-kind auto insurance comparison service to its customers in partnership with AutoInsurance.com

Site brings quick and easy access to the auto insurance shopping experience by allowing customers to compare and buy real policies all in one place BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ —  Attention drivers! Online comparison shopping for auto insurance just got much easier. To help answer the question, “How do I know I’m getting a…

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Sainsbury’s announced multiple management team changes

LONDON, 2014-4-30 — /EPR Retail News/ —  Sainsbury’s today announces a number of internal moves and promotions to its management team, taking effect from 11 May. Roger Burnley, currently MD of General Merchandise, Clothing and Logistics, becomesRetail and Operations Director leading a newly combined team of Supermarkets, Convenience and Logistics Helen Buck, currently Retail Director, becomes Business Development Directorresponsible…

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Sainsbury’s the UK’s first retailer to launch Marine Stewardship Council certified sustainable tuna sandwich

LONDON, 2014-4-30 — /EPR Retail News/ — Sainsbury’s is the UK’s first retailer to launch a MSC certified sustainable tuna sandwich. With a range of MSC certified pole & line caught sandwiches and salads launching this month, it follows the retailer’s introduction of MSC certified canned skipjack tuna sourced from the Maldives in 2013. The range, including…

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H & M Hennes & Mauritz AB approved dividend of SEK 9.50 per share on its AGM on 29 April

Stockholm, Sweden,  2014-4-30 — /EPR Retail News/ —  On Tuesday 29 April H & M Hennes & Mauritz AB held its Annual General Meeting under the chairmanship of lawyer Sven Unger. The AGM approved the dividend of SEK 9.50 per share in accordance with the Board of Directors’ proposal. The record day is 5 May…

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Home Retail Group announces its results for the 52 weeks to 1 March 2014

Milton Keynes, UK,  2014-4-30 — /EPR Retail News/ —  Home Retail Group, the UK's leading home and general merchandise retailer, today announces its results for the 52 weeks to 1 March 2014. OPERATING HIGHLIGHTS Good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year Argos Transformation plan progress: Increased internet…

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NRF Survey: Americans to spend an average of $162.94 on mom this year compared to survey’s $168.94 last year

WASHINGTON, 2014-4-29 — /EPR Retail News/ —  After splurging on tablets and smartphones, beauty supplies, apparel and jewelry for mom last year, consumers this year will celebrate Mother’s Day keeping practicality in mind. According to NRF’s 2014 Mother’s Day Spending Survey conducted by Prosper Insights & Analytics, Americans will spend an average of $162.94 on…

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Weekly retail sales rose by 1.6% for the week ending April 26, 2014 according to ICSC and Goldman Sachs Weekly Chain Store Sales Index

NEW YORK, 2014-4-29 — /EPR Retail News/ —  Consumers sprung into action and gave retailers a solid week of sales as warmer weather helped to lift seasonal demand, especially in the East and Midwest. As a result weekly retail sales rose sharply by 1.6% for the week ending April 26, 2014, according to the International…

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5th Annual East High School Iron Chef Competition to be held on May 4 at Wegmans Conference Center

When: 4 p.m. to 8 p.m. on Sunday, May 4th Where: Wegmans Conference Center 400 Market Street (off Chili Avenue), Rochester, NY ROCHESTER, NY, 2014-4-29 — /EPR Retail News/ —   Once again, the East High School Iron Chef Competition will bring together the culinary skills and hospitality management knowledge of eight high school students to compete for…

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ShopRite, 2014 Special Olympics USA Games and General Mills announced the creation of limited edition commemorative Wheaties box

ShopRite of Brookdale Associate Featured on Special Edition Wheaties Box BROOKDALE, NJ, 2014-4-29 — /EPR Retail News/ —   ShopRite, the 2014 Special Olympics USA Games, and General Mills announced the creation of a limited edition, commemorative Wheaties box in celebration of the 2014 Special Olympics USA Games.  This limited edition box, which will be sold exclusively…

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J. C. Penney Company, Inc. to release its first quarter 2014 financial results on May 15 followed by live conference call and webcast

PLANO, Texas, 2014-4-29 — /EPR Retail News/ —  J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its first quarter 2014 financial results on Thursday, May 15 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 Ed Record…

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