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H&M next designer collaboration will be with New York based Fashion Designer Alexander Wang

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…
April 14, 20140Comments

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Consumer Goods Food & Beverage Grocery Management Marketing Retail Retailer

Sobeys research drives company’s commitment to get Canadians cooking for Food Revolution Day

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…
April 14, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

Ahold repurchased 380,435 Ahold common shares for € 5.40 million between April 7 and April 11, 2014

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…
April 14, 20140Comments

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National Retail Federation: Warmer spring weather spurred continued consumer spending and activity this March

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…
April 14, 20140Comments

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National Retail Federation to launch information-sharing platform for retail industry information security specialists

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…
April 14, 20140Comments

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Gap Inc. to host meeting for the investment community on April 16, 2014 at its headquarters in San Francisco

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…
April 14, 20140Comments

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Awards Business Management Retail Retailer

SM Investments Corporation won “2013 Global Chinese Business 1000” award by international affairs magazine Yazhou Zhoukan

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…
April 14, 20140Comments

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Business Financial Malls Management Retail

Vornado Realty Trust plans to spin off its shopping center business into new publicly traded REIT

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,…
April 14, 20140Comments

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Sainsbury’s introduces Gok Wan’s California chic collection from Tu

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…
April 11, 20140Comments

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Consumer Goods Grocery Management Marketing Retail Retailer

Sainsbury’s first supermarket to let customers recycle their Easter egg packaging

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…
April 11, 20140Comments

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Consumer Goods Food & Beverage Grocery Management Retail Retailer

Chiappetti brand lamb, veal and grass fed beef now available at Price Chopper Supermarkets

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…
April 11, 20140Comments

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Kimco Realty acquired remaining 60.9 percent interest in the 12-property Kimco Income Fund I portfolio

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…
April 11, 20140Comments

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Gap Inc. reported net sales of $1.51 billion for the five-week period ended April 5, 2014

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…
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New Zealand’s largest retailer Foodstuffs to offer Visa payWave contactless payments

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…
April 11, 20140Comments

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SM Investments Corporation highlights opportunities in Philippine real estate following its recent merger of property assets under SM Prime Holdings, Inc.

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…
April 11, 20140Comments

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Business Consumer Goods Discounts Grocery Management Retail Retailer

Family Dollar Stores, Inc reported $2.7 billion net sales for the second quarter of fiscal 2014 ended March 1, 2014

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,…
April 11, 20140Comments

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Consumer Goods Grocery Management Philanthropy Retail Retailer

HARRIS TEETER ANNOUNCED WEEK 10 WINNERS OF ITS TOGETHER IN EDUCATION $100,000 GIVEAWAY

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…
April 11, 20140Comments

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Olympic long jump champion Greg Rutherford and Paralympic 100m silver medallist Libby Clegg to compete at Sainsbury’s Glasgow Grand Prix on 11-12th July

LONDON, 2014-4-10 — /EPR Retail News/ — Olympic long jump champion Greg Rutherford and Paralympic 100m silver medallist Libby Clegg have confirmed that they will compete at the Sainsbury’s Glasgow Grand Prix on 11-12th July. Joining fellow Olympian Mo Farah, the announcement coincides with tickets going on sale for the 2014 Sainsbury’s Summer Series. Rutherford, who famously leapt…
April 10, 20140Comments

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Organic groceries provider Wild Oats to relaunch at Walmart with more affordable price

Nation’s Largest Grocer Works with Organics Pioneer to Relaunch Brand and Save Customers 25 Percent or More on Organic Groceries BENTONVILLE, Ark., 2014-4-10 — /EPR Retail News/ — Walmart, the nation’s largest grocer, announced today it will carry Wild Oats organic food items. Originally introduced in 1987, Wild Oats will relaunch at Walmart starting this month with a new, more…
April 10, 20140Comments

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John Lewis opens 92,000 sq ft shop at Vangarde Shopping Park in York

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…
April 10, 20140Comments

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Rite Aid acquires retail clinics operator RediClinic

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…
April 10, 20140Comments

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Belk Inc announced operating results for the fiscal year ended February 1, 2014

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…
April 10, 20140Comments

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IKEA aquires Hoopeston Wind in Illinois its first wind farm investment in the United States

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…
April 10, 20140Comments

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H&M Conscious Foundation named model Alek Wek as official ambassador

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…
April 10, 20140Comments

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H&M publishes its twelfth Conscious Actions Sustainability Report

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…
April 10, 20140Comments

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Target and 17 natural, organic and sustainable brands launch “Made to Matter – Handpicked by Target”

Collection makes it easier to find products made with simple, recognizable ingredients at unbeatable prices MINNEAPOLIS, 2014-4-10 — /EPR Retail News/ — Known for bringing great design to the masses through signature partnerships and products, Target Corp. (NYSE: TGT) is now introducing “Made to Matter – Handpicked by Target.” The first-of-its-kind collection brings together 17 leading natural,…
April 10, 20140Comments

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Wincor Nixdorf becomes GS1 Germany solution provider

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…
April 10, 20140Comments

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Business Malls Management Retail Retailer

CBRE Group analysis: U.S. commercial real estate market continued to recover in first quarter of 2014

Los Angeles, 2014-4-10 — /EPR Retail News/ — The U.S. commercial real estate market continued to recover steadily in the first quarter (Q1) of 2014, according to the latest analysis from CBRE Group, Inc. The office vacancy rate declined by 10 basis points (bps) to reach 14.8% in Q1 2014. Although vacancy rate improvements slowed in Q1 2014…
April 10, 20140Comments

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The National Grocers Association welcomes Legislative Action on Tax Extender Package

Arlington, VA, 2014-4-9 — /EPR Retail News/ — The National Grocers Association (NGA) released the following statement after the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act was passed by the Senate Finance Committee earlier today: "NGA commends Chairman Wyden and Ranking Member Hatch for working together and passing a responsible tax extenders package. While it is our…
April 9, 20140Comments

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BRC-NIELSEN SHOP PRICE INDEX MARCH 2014: March recorded deepest level of deflation since the series began in December 2006

LONDON, 2014-4-9 — /EPR Retail News/ — Overall shop prices reported deflation for the eleventh consecutive month in March, accelerating to 1.7% from 1.4% in February. This is the deepest level of deflation since the series began in December 2006. Food inflation slowed to 0.8% from 1.1% in February – the lowest ever recorded. Non-food reported annual deflation of 3.2%…
April 9, 20140Comments

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