Two Weeks, $20,000 in Prizes Remain
Matthews, N.C., 2014-3-28 — /EPR Retail News/ — Last weekend, Saturday, March 22, 2014, the TIE Prize Patrol returned to Greensboro, N.C to give away another $10,000 as part of Harris Teeter’s Together in Education (TIE) $100,000 Giveaway.
During the $100,000 Giveaway, Weekly Contestants (“Winners”) are randomly drawn and awarded up to $10,000,…
Management
Stockholm, Sweden, 2014-3-28 — /EPR Retail News/ — Shareholders of H & M Hennes & Mauritz AB (publ) are hereby invited to the Annual General Meeting (AGM) on Tuesday 29 April 2014 at 3 p.m., at Victoriahallen, Stockholmsmässan, Älvsjö in Stockholm.
NOTICE OF ATTENDANCE
Shareholders who wish to attend the AGM shall
both be entered in the company’s register of…
Stockholm, Sweden, 2014-3-28 — /EPR Retail News/ — Earth Hour is the world's largest collective environmental action, when millions of people all over the world show their commitment to the environment by turning off all non-essential lights at the appointed time for one hour. H&M has supported Earth Hour for many years and we will join this…
RILA Submitted Comments Wednesday Ahead Of Senate Commerce, Science And Transportation Committee Hearing
Arlington , VA, 2014-3-27 — /EPR Retail News/ — In a statement submitted today to the U.S. Senate Committee on Commerce, Science and Transportation, the Retail Industry Leaders Association (RILA) highlights the progress retailers have made collaborating within the retail industry as well as…
Register as a recruiter or a candidate at NRF’s Virtual Career Fair
J.C. Penney, Kmart, IKEA, Neiman Marcus, Bridgestone, Among Retail Participants
WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation today announced it will host its second Virtual Career Fair, designed to connect students and young professionals seeking entry-level careers and internships with leading retailers. Recruiters from companies including…
View history of NRF logos
Logo includes distinguishable symbol for “Retail” and represents history of industry, association
WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation today unveiled a new logo for the 103 year-old industry association. The logo, revealed on NRF.com, reflects the progressive, innovative industry that NRF represents, and also recognizes the historic significance of retail…
Technologies Available to Reduce Fraud
WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation told the Senate today that it’s time for an overhaul of the nation’s fraud-prone credit and debit card system, saying banks’ insistence on cards that use a signature instead of a Personal Identification Number puts merchants and their customers at risk. Indeed, card…
Hundreds of Lowe’s Heroes frame homes at Lowe’s stores and in Times Square
Visit Habitat.org/Lowes to learn how you can help
MOORESVILLE, N.C., 2014-3-27 — /EPR Retail News/ — Hundreds of Lowe’s Heroes employee volunteers teamed up with local Habitat for Humanity affiliates Friday to build homes in 10 cities across America and kick off “Hammers for Habitat," a nationwide volunteer…
• Sigma has purchased Central Healthcare for $24.5 million
• Further potential for an earn-out payment at 30 June 2015
• Acquisition will be immediately earnings accretive and will generate approximately $3.5 million in additional annual EBITDA in first full year of operations
• ACCC clearance already received
Victoria, Australia, 2014-3-27 — /EPR Retail News/ — Sigma Pharmaceuticals Limited (Sigma)…
Foundation Announces Nearly $4 Million in Additional Grants for Veterans’ Housing, Part of Five-Year, $80 Million Commitment
ATLANTA, 2014-3-27 — /EPR Retail News/ — Today (March 26, 2014), The Home Depot® Foundation announced an additional $3.9 million in grants to organizations across the country that address veterans’ housing needs. The recent round of grants brings the Foundation’s financial contributions…
Los Angeles, 2014-3-26 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced the appointment of Martin Samworth as Chief Executive Officer of its Europe, Middle East and Africa (EMEA) region and of Daniel Queenan as Chief Executive Officer of its Asia Pacific (APAC) region. The appointments are effective immediately.
Mr. Samworth previously served as Managing Director,…
CBL Announces Anchor Redevelopment Plans
CHATTANOOGA, Tenn., 2014-3-26 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL), today announcedThe Cheesecake Factory® and H&M are coming to Fayette Mall in Lexington, KY, as part of the redevelopment of the former Sears location. Designed to significantly enhance the offerings at the shopping center, the plans include redeveloping…
Perth, Australia, 2014-3-26 — /EPR Retail News/ — Wesfarmers today announced it had received confirmation from the Australian Competition and Consumer Commission (ACCC) that it will not oppose Insurance Australia Group’s proposed acquisition of the Australian underwriting operations of Wesfarmers’ Insurance division.
Wesfarmers Managing Director Richard Goyder said he was pleased that a key transaction milestone had been…
Foodstuffs’ first grocery store Four Square to give away 400 reusable bags to local Waiheke shoppers
Waiheke, New Zealand, 2014-3-26 — /EPR Retail News/ — Four Square got behind Plastic-Free Friday by giving out 400 reusable bags to local Waiheke shoppers.
Plastic Free Friday is part of the BYO Bag initiative started by Debbie Lyttle last year to educate the community on plastic pollution and the harm plastic bags, in particular, have on marine…
Manila, Philippines, 2014-3-26 — /EPR Retail News/ — SM Investments Corporation (SM) has approved an expanded code of ethics, further strengthening its corporate governance standards to keep pace with emerging trends in the region.
The revised code is a more comprehensive guide on how the company should deal with stakeholders, from investors, creditors, customers and employees to…
Brixton, UK, 2014-3-26 — /EPR Retail News/ — Sainsbury’s has today marked the opening of a trailblazing new facility in London, which will run 2,000 training courses in the first year alone for its management teams in Local convenience stores.
The new Convenience Training College is based in Brixton and will train team leaders and store managers in…
CAMP HILL, Pa., 2014-3-26 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2014 Fourth Quarter, which ended March 1, 2014, on Thursday, April 10, 2014. The company will hold an analyst call at 8:30 a.m. Eastern Daylight Time (5:30 a.m. Pacific Time) with…
CAMP HILL, Pa., 2014-3-26 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced that Dedra N. Castle, a highly experienced human resources executive, is joining Rite Aid as Executive Vice President and Chief Human Resources Officer.
In this position, Castle will be responsible for all aspects of human resources, including training, recruitment, talent management,…
Arlington, VA, 2014-3-25 — /EPR Retail News/ — On behalf of the National Grocers Association (NGA), Peter J. Larkin, NGA President and CEO sent a letter to House Ways and Means Committee Chairman Dave Camp (R-MI), outlining concerns with the his draft proposal to overhaul the nation's tax code. Specifically, NGA addressed the negative impacts that…
Cheshunt, England, 2014-3-25 — /EPR Retail News/ — Recyclable plastic packaging that will save more than a million eggs from going to waste each year has been successfully trialed by Tesco.
At the moment Tesco’s free range eggs are sold in pulp cartons and if an egg breaks in transit it can seep through the box and damage…
NEW YORK, 2014-3-25 — /EPR Retail News/ — After three weekly sequential sales gains retailers experienced mixed results as retail demand varied across categories and overall was softer than the prior week. For the week ending March 22, 2014 weekly sales slipped by 1.5%, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs…
MATTHEWS, NC, 2014-3-25 — /EPR Retail News/ — Family Dollar Stores, Inc. (NYSE: FDO) today announced that it has named Brian D. Hancock to the position of Senior Vice President–Supply Chain. Mr. Hancock will report to Howard R. Levine, Chairman and CEO.
"Since we opened our first store in 1959, our focus has been on providing our…
WAYNE, NJ, 2014-3-25 — /EPR Retail News/ — Toys“R”Us, Inc. announced today that it will hold a special presentation for the investment community hosted by Antonio Urcelay, Chairman of the Board and CEO, Toys“R”Us, Inc., and Hank Mullany, President, Toys“R”Us, U.S., to review the company’s fiscal 2013 performance and discuss its go-forward strategy. The meeting will…
NEWTON, MA, 2014-3-25 — /EPR Retail News/ — Wegmans Food Markets today announced the leadership team responsible for opening and managing the second Wegmans store in Massachusetts located on Route 9 in Chestnut Hill. The team consists of the store manager, chef, pharmacy manager, and area managers, who each oversee multiple departments in the store. The team has…
London, 2014-3-25 — /EPR Retail News/ — Full year dividend up 5% and announcing a multi-year capital return programme in 2014/15.
Group Financial Summary
% Total Change
% Total Change
% LFL* Change
2013/14
2012/13
Reported
Constant currency 52 week basis
Constant currency
Sales*
£11,125m
£10,573m
+5.2%
+3.5%(1)
+0.7%
Retail profit*(2)
£805m
£778m
+3.5%
+0.7%(1)
Adjusted* pre-tax profit
£744m
£715m
+4.1%
Adjusted basic EPS
23.4p
22.3p
+4.9%
Interim dividend
3.12p
3.09p
+1.0%
Final dividend
6.78p
6.37p
+6.4%
Full year dividend
9.9p
9.46p
+4.7%
Net cash*
£238m
£38m
n/a
* Throughout this release '*' indicates first instance of a term defined…
IKEA Awards Current Supplier Sauder Woodworking Co. A Five Year Contract Creating at Least 150 New Jobs
Conshohocken, PA, 2014-3-25 — /EPR Retail News/ — IKEA US announced today that it has recently awarded its current supplier, Sauder Woodworking Co. of Archbold, Ohio, a 5 year contract. The partnership will create at least 150 new jobs…
On March 20 the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, recognised H&M as a 2014 World’s Most Ethical Company®.
Stockholm, Sweden, 2014-3-25 — /EPR Retail News/ — This is the fourth time that H&M has been honored with this award, which recognises organisations that continue to raise the bar…
Ukrainian Village Store to Promote Healthy Living with Fresh, Local and Organic Foods
Milwaukee, Wis., 2014-3-25 — /EPR Retail News/ — Roundy’s, Inc. (“Roundy’s”) (NYSE: RNDY), a leading grocer in the Midwest, will open its doors to Mariano’s Ukrainian Village tomorrow on Tues., March 25, at 6 a.m. Mariano’s latest store is located at 2021 West Chicago Avenue.
“We are excited…
SAN FRANCISCO, 2014-3-24 — /EPR Retail News/ — For the 8th year in a row, Gap Inc. (NYSE: GPS) has been recognized by the Ethisphere Institute as a 2014 World’s Most Ethical Company®.
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good…
Special Dividend Declared; Dividend Payout Ratio Increased to 40%
GOME to “Build another GOME” with Open Supply Chain
Profit attributable to the owners of the parent company surged to RMB892 million, up 222.5% y-o-y
Sales revenue amounted to RMB56,401 million, up 10.4% y-o-y steadily
Consolidated gross profit margin remained at high level of 18.4%
Declaration of Special…