QVC and Cosmetic Executive Women Support Cancer and Careers Through Charitable Beauty Initiative
WEST CHESTER, Pa., 2014-4-15 — /EPR Retail News/ — Two influential forces in the beauty industry are coming together once again to prove that a little makeup can make a big difference. “QVC and CEW Present Beauty with Benefits” is scheduled to air on…
Management
Helsinki, Finland, 2014-4-15 — /EPR Retail News/ — Kesko Group's sales, excluding VAT, in March 2014 totalled €794.3 million, up 0.5%.
In Kesko's food trade, sales in March were €358.6 million, a decrease of 6.6% compared to the previous year. The fact that Easter fell in March last year affected sales performance.
In the home and speciality goods trade,…
LONDON, 2014-4-15 — /EPR Retail News/ — John Lewis today announces the panel of external mentors who will advise and judge entrants to JLAB, the retailer's first ever technology incubator. The team of external mentors headed up by technology entrepreneur Stuart Marks* are a highly successful and experienced mix of technology entrepreneurs and investors, including Luke…
New survey by Sainsbury’s reveals kids’ perfect Easter starts with family at home
More than half of parents feel they need to opt for potentially expensive days out over family fun at home
Quality time with family ranks above going away on holiday and hanging out with friends for kids
LONDON, 2014-4-15 — /EPR Retail…
Cheshunt, England, 2014-4-15 — /EPR Retail News/ — F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion.
F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the east coast of America this year in…
Stockholm, Sweden, 2014-4-14 — /EPR Retail News/ — Today (13 APR 2014 ) the H&M Conscious Foundation has decided to make a donation to the victims and the families affected by the tragic Rana Plaza collapse almost one year ago. H&M has never had any production in any of the factories situated in Rana Plaza, so the Foundation…
Palm Springs, California, 2014-4-14 — /EPR Retail News/ — H&M announced yesterday during an event at the Coachella Music Festival, in Palm Springs, California, USA, that their next designer collaboration will be with Alexander Wang. This partnership marks the first time that an American designer teams up with H&M on the much anticipated designer collaboration.
The New York…
STELLARTON, NS, 2014-4-14 — /EPR Retail News/ — Research released today by Sobeys Inc. has revealed a generation gap when it comes to food knowledge and confidence in cooking skills. Only 31 per cent of 18 to 29 year olds feel confident in the kitchen versus 48 per cent of those 50 and older. The national…
Zaandam, the Netherlands, 2014-4-14 — /EPR Retail News/ — Ahold has repurchased 380,435 Ahold common shares in the period from April 7, 2014 up to and including April 11, 2014.
The shares were repurchased at an average price of € 14.1909 per share for a total consideration of € 5.40 million. These repurchases were made as part…
Continued Optimism Expected with the Arrival of Easter & Tax Refunds
WASHINGTON, 2014-4-14 — /EPR Retail News/ — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world's largest retail trade association – March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month…
First Step in Establishment of Retail and Merchant Industry Information Sharing and Analysis Center for Cybersecurity
WASHINGTON, 2014-4-14 — /EPR Retail News/ — The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the…
SAN FRANCISCO, 2014-4-14 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that it will host a meeting for the investment community on Wednesday, April 16, 2014 at its headquarters in San Francisco. A live webcast of the presentations will take place from approximately 10:00 a.m. to 2:30 p.m. Pacific Time.
The following Gap Inc. executives…
Pasay City, Philippines, 2014-4-14 — /EPR Retail News/ — SM Investments Corporation (SM) was cited as a winner of the "2013 Global Chinese Business 1000" by international affairs magazine Yazhou Zhoukan.
The Global Chinese Business 1000 Awards assess all listed Chinese corporations around the globe based on their market value and award pioneers with outstanding business operations.
Founded in 1987, Yazhou…
NEW YORK, 2014-4-14 — /EPR Retail News/ — Vornado Realty Trust plans to spin off its shopping center business consisting of 81 strip centers and four malls into a new publicly traded REIT. The strip centers are primarily located in the densely populated Northeastern U.S. The malls consist of Bergen Town Center, in Paramus, N.J.; Monmouth Mall,…
LONDON, 2014-4-11 — /EPR Retail News/ — Introducing Gok Wan’s California chic collection from Tu at Sainsbury’s. This summery collection has everything you need to ensure you look and feel fabulous this season. As the days grow longer and the weather gets warmer, make your wardrobe work for you with wearable but effortlessly glamorous pieces from…
LONDON, 2014-4-11 — /EPR Retail News/ — Sainsbury’s has launched a brand new scheme to let customers recycle their Easter egg packaging in stores, the first supermarket to do so.
The specially designed Easter recycling facility allows customers to recycleall elements of Easter egg packaging – includingplastic, film, card, foil and ribbon. The scheme makes it even…
Two Multi-Generational, Family-Managed Businesses Join Forces
Schenectady, NY, 2014-4-11 — /EPR Retail News/ — Price Chopper Supermarkets today announced a new trade partnership with the family owned and operated Strauss Brands, a company of specialty meat experts that is now exclusively supplying the progressive chain of 132 stores in six Northeastern states with their exclusive Chiappetti Meat…
Acquisition of 12 properties furthers company’s simplification and transformation goals
NEW HYDE PARK, N.Y., 2014-4-11 — /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 acquired the remaining 60.9-percent interest in the 12-property Kimco Income Fund I portfolio…
Company Reaffirms Full-Year Earnings per Share Guidance of $2.90 to $2.95 for Fiscal 2014
SAN FRANCISCO, 2014-4-11 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported net sales of $1.51 billion for the five-week period ended April 5, 2014. Gap Inc.’s comparable sales for March 2014 were down 6 percent versus a 1 percent decrease last…
Waiheke, New Zealand, 2014-4-11 — /EPR Retail News/ — New Zealand’s largest retailer, Foodstuffs, intends to make Visa payWave payments available to its members, who collectively operate 3,500 terminals in 700 stores including PAK’nSAVE, New World and Four Square stores.
Visa and Foodstuffs have collaborated to offer customers of the cooperative, the option to pay for their shopping…
Pasay City, Philippines, 2014-4-11 — /EPR Retail News/ — SM Investments Corporation (SM) (SM) highlighted the opportunities in real estate in the Philippines following its recent merger of property assets under mall developer now property conglomerate SM Prime Holdings, Inc. (SM Prime).
In a recent forum by the Fund Managers Association of the Philippines held at the SMX Convention Center in Taguig, SM officials…
Comparable Store Sales Decreased 3.8%
Earnings Per Diluted Share of $0.80, Including At Least a $0.05 Negative Impact from Winter Weather
Company Conducts In-Depth Business Review and Implements Actions to Improve Financial Performance Including: Investment to Lower Prices, Reduction of Cost Structure, Closing of Approximately 370 Stores and Slowing of New Store Growth
MATTHEWS,…
Company Donates $50,000 to Schools, $50,000 to Customers in 10 Weeks
Matthews, N.C., 2014-4-11 — /EPR Retail News/ — Saturday, April 5, 2014, Harris Teeter’s Together in Education (TIE) Prize Team visited winners’ homes in Raleigh, N.C. to give away another $10,000 as part of Harris Teeter’s TIE $100,000 Giveaway. The company has donated $100,000 since the Prize…
YORK, 2014-4-10 — /EPR Retail News/ — At 9am this morning, John Lewis York opened its doors to excited customers for the very first time. The 92,000 sq ft shop, located at Vangarde Shopping Park in York, is the retailer's 41st shop and the first John Lewis shop to open this year.
The shop opening comes at…
Will Begin to Open New RediClinics in Select Rite Aid Markets as well as Continue to Support RediClinic's Expansion in Texas
CAMP HILL, Pa., 2014-4-10 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) announced today it has acquired Houston-based RediClinic, one of the nation's leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater…
Total sales increase 2.1 percent, comparable store sales rise 2.9 percent
Online sales grow 42.5 percent
CHARLOTTE, N.C., 2014-4-10 — /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for the fiscal year ended February 1, 2014.
Tim Belk, chairman and chief executive officer…
98 MW Hoopeston Wind Project Is the Largest Single IKEA Renewable Energy Investment Globally to Date
Conshohocken, PA, 2014-4-10 — /EPR Retail News/ — IKEA US announced today that it is making its first wind farm investment in the United States with the purchase of Hoopeston Wind in Hoopeston, Illinois. The 98 megawatt wind farm is…
Stockholm, Sweden, 2014-4-10 — /EPR Retail News/ — H&M Conscious Foundation has named Sudanese model Alek Wek as its official ambassador as the Foundation initiates its work for its three prioritized global development issues; education, clean water, and strengthening women.
In October 2013, the foundation invited all H&M employees and customers to make a difference. Through a global…
Stockholm, Sweden, 2014-4-10 — /EPR Retail News/ — Today, H&M publishes its twelfth Conscious Actions Sustainability Report. Some of the highlights during 2013 are the launch of H&M´s roadmap for fair living wages, the first closed loop collection made with recycled material from collected garments and a doubling of the share of more sustainable cotton in the…
Retailers and banks benefit from standardized interfaces that lower costs and enhance security throughout the entire cash cycle
Paderborn, Germany, 2014-4-10 — /EPR Retail News/ — How can the overall efficiency of the cash handling process be improved? According to experts, a potential solution lies in a more efficient cash cycle, in which players such as banks, retail…