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…
Retail
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…
Special Dividend of HK$7 per share to shareholders
Hong Kong, 2014-3-24 — /EPR Retail News/ — Hutchison Whampoa Limited (HWL) is pleased to announce today the formation of a strategic alliance with Temasek by Temasek taking up an indirect equity interest of 24.95% in A.S. Watson Holdings, HWL’s retail division, for HK$44 billion.
Benefits of the Transaction
Following the completion…
LONDON, 2014-3-24 — /EPR Retail News/ — It’s London calling for Moynat, as the House opened the doors of its first ever foreign boutique on March 12.
Moynat won the hearts of the British travelers with the revolutionary Malle Anglaise (English trunk) unveiled in 1870. The ultra-light trunk instantly became an ideal companion for cross-channel voyages. Now …
Paris, France, 2014-3-24 — /EPR Retail News/ — The first of its kind in France: from 19 to 25 March, Carrefour will be treating fashion fans to a completely new experience in partnership with Clear Channel. With "My Virtual Look by Tex", which combines augmented reality and motion recognition, customers can say goodbye to the grind of…
Paris, France, 2014-3-24 — /EPR Retail News/ — A media campaign was launched last 13 March with the objective of ensuring that Carrefour Spain’s customers are fully aware of the advantages Carrefour offers them: a comprehensive offer that goes further than good prices. This is why we can say that “AT CARREFOUR EVERYTHING MATTERS.”
> The fact that…
Retailer launches Black Friday-like prices timed to the first days of spring to kick off the season
BENTONVILLE, Ark., 2014-3-24 — /EPR Retail News/ — Walmart is kicking off spring like never before with its largest outdoor living, lawn and garden event of the year, featuring Black Friday-like prices. Starting at 8 a.m. on Friday, March 21, through March…
Overall mPerks savings to customers eclipse $100 million; how much can you save
GRAND RAPIDS, Mich., 2014-3-24 — /EPR Retail News/ — Meijer today announced added features to its mPerks program that allows customers to store digital receipts from purchases in a single place and details exactly how much they’ve saved by shopping at the…
Keasbey, NJ, 2014-3-22 — /EPR Retail News/ — ShopRite stores throughout the Hudson Valley region raised more than $95,000 in support of Maria Fareri Children’s Hospital at Westchester Medical Center during the month of January this year. The donations were collected at checkout from the generous customers at ShopRite during the Together for our Childrencampaign and a…
Team Depot Associate Volunteers to Plant Edible Gardens for 1,000 Homeless Veterans at Housing Facilities across the Country
ATLANTA, 2014-3-20 — /EPR Retail News/ — Today, The Home Depot® Foundation launched its second-annual Spring into Service campaign, a season-long initiative to plant edible gardens that will provide fresh fruits and vegetables for 1,000 homeless U.S. military veterans at…
Intershop selects Siteworx as a strategic North American partner, furthering Intershop’s continued expansion of U.S. partner strategy.
Intershop and Siteworx to jointly demonstrate seamless omni-channel commerce experience using Adobe Experience Manager at Adobe Summit, March 24-28.
San Francisco, 2014-3-20 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, today announced…
London, 2014-3-20 — /EPR Retail News/ — Carrenza, major specialist in cloud based technologies and Intershop, a leading provider of omni-channel commerce solutions, have announced their partnership and the launch of a new joint offering based on their technologies and services.
The joint offering will see Carrenza take the legacy Intershop client/server application and deliver it via…
Krasnodar, Russia, 2014-3-20 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, “Issuer”; MICEX and LSE: MGNT), is pleased to announce the results of the BOD meeting held on March 20, 2014.
Please be informed that on March 20, 2014 the BOD meeting was held (minutes of the BOD meeting of OJSC “Magnit” are w/o…
Price Chopper Supermarkets hosts Kosher Open House to highlight Kosher Passover products on March 30
Colonie, NY, 2014-3-20 — /EPR Retail News/ — Just in time for Passover, Price Chopper Supermarkets will be hosting a Kosher Open House to highlight the more than 1,000 Kosher for Passover products available, provide samples from a wide variety of
Kosher for Passover products and to get cooking tips from kosher catering experts. Passover begins the…
Stockholm, Sweden, 2014-3-20 — /EPR Retail News/ — On April 10th, H&M launches its new Conscious and Conscious Exclusive collections. With two new materials, organic leather from the Swedish leather supplier Tärnsjö, and organic silk, the collections show what can be done in more sustainable materials.
“H&M is proud of its sustainability work. Conscious and Conscious Exclusive show…
CONSHOHOCKEN, PA, 2014-3-20 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced plans to expand the warehouse of its Detroit-area store in Canton, MI. As a result of this work, IKEA Canton, which opened June 2006 at 311,000 square feet in size, would grow nearly 44,000 SF to the new size…
CONSHOHOCKEN, Pa., 2014-3-20 — /EPR Retail News/ — IKEA asks customers who have a bed canopy from children’s IKEA intended to be draped around children’s cribs/beds to stop using it and bring the canopy back to any IKEA store for a full refund.
The affected bed canopies are: LEGENDARISK, MINNEN bed Canopy set, BARNSLIG BOLL, MINNEN Brodyr, HIMMEL,…
NEW YORK, 2014-3-20 — /EPR Retail News/ —Now is a good time to sell assets, said a panelist at ICSC’s OAC (Open-Air Center) Summit Thursday, in Washington. “If you have a desire or need to monetize your investment, this is a beautiful time to do it,” said the panelist, William Wolfe, president of First Washington Realty,…
Rancho Cucamonga, California, 2014-3-20— /EPR Retail News/ — NASCAR Driver Brian Scott Gearing Up for Sweet Shopping Spree Race at Albertsons
Who:
Brian Scott, Richard Childress Racing driver of the No. 2 Anderson’s Maple Syrup Chevrolet, is preparing to trade in his race car for an Albertsons grocery cart.
What:
Traveling at lightning speed is no problem for this NASCAR Nationwide…
LONDON, UK, 2014-3-19 — /EPR Retail News/ — Commenting on the Chancellor's Budget announcement earlier today, BRC Director General, Helen Dickinson said: "Our customers will welcome the Chancellor's focus on putting more money in their pockets through changing the tax thresholds, fuel duty and savings and pensions arrangements. The BRC's projections demonstrate that whilst recovery is now a…
LONDON, UK, 2014-3-19 — /EPR Retail News/ — In February 2014 total Scottish sales decreased by 1.0% compared with February 2013, when they had increased by 0.7%. Like-for-like sales decreased by 2.5% on last February, when they had decreased by 0.1%. Taking account of shop price deflation at 1.4%, February total sales were up 0.5% in real terms.
Total…
LONDON, UK, 2014-3-19 — /EPR Retail News/ — Today the British Retail Consortium and the Department for Work and Pensions committed to working increasingly closely in an effort to get more people, especially those under 25, into careers in the retail sector.
A formal partnership agreement was launched today by BRC Director General, Helen Dickinson and Employment Minister Esther…
Arlington, VA, 2014-3-19 — /EPR Retail News/ — The Women Grocers of America (WGA) announced its 2014 Leadership team, which consists of a newly appointed president to succeed Denise Beckman, four Executive Committee Members, and six new Board Members.
"I commend Denise Beckman for her exemplary leadership of the Women Grocers of America over the last five…
Wincor Nixdorf is further scaling the portfolio for Cash management in Retail
Paderborn, Germany, 2014-3-19 — /EPR Retail News/ — Wincor Nixdorf has extended the payment systems terminals by the MEI Banknote recycling system (BNR). Through this Wincor Nixdorf is able to offer a more scalable solution which can easily be adapted to customer demands.
“The decision by Wincor…
Hardware and software from Wincor Nixdorf
Paderborn, Germany, 2014-3-19 — /EPR Retail News/ — Banco del Tesoro is extending its range of customer-friendly automated teller machine services. Venezuela’s third biggest public bank will be installing 200 new CINEO ATMs from Wincor Nixdorf by July of this year, doubling the number of systems in its ATM network and supporting…
Intershop to demonstrate integration of leading B2B and B2C ecommerce platform with Adobe Experience Manager for Experience-Driven Commerce at Adobe Summit 2014
Recently inked collaboration signals continued growth and investments by Intershop
San Francisco, 2014-3-19 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, today announced that it will showcase…