CBRE Group completes acquisition of project management and design engineering provider Heery International, Inc.

Los Angeles, 2017-Nov-01 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (October 30, 2017) announced it has completed its previously-announced acquisition of Heery International, Inc. (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC. Heery, based in Atlanta, is a leader in providing project management, […]

Gymboree emerges from Chapter 11 as a new corporation under the name Gymboree Group, Inc.

Emerges from Chapter 11 Process Well-Positioned for Long-Term Growth and Success San Francisco, CA, 2017-Oct-03 — /EPR Retail News/ — The Gymboree Corporation today announced that it has successfully completed its financial restructuring and emerged from Chapter 11 as a new corporation under the name Gymboree Group, Inc. (the “Company” or “Gymboree Group”). The Company’s […]

Macy’s, Inc. to host national holiday hiring event from Sept. 28-Sept. 29; will hire 80,000 seasonal associates

CINCINNATI, 2017-Sep-21 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced plans to hire approximately 80,000 seasonal associates for positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2017 Christmas and holiday season. The company also announced its national holiday hiring event, expanding to two […]

Macy’s, Inc. to report its 2Q 2017 sales and earnings on Thursday, August 10, 2017

CINCINNATI, 2017-Jul-31 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) is scheduled to report its second quarter 2017 sales and earnings before the opening of financial markets on Thursday, August 10, 2017. The company will webcast a call with financial analysts and investors that day at 10 a.m. ET. Macy’s, Inc.’s webcast is accessible to the media […]

Coach, Inc. completes acquisition of Kate Spade & Company for $18.50 per share in cash

NEW YORK, 2017-Jul-14 — /EPR Retail News/ — Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that it has completed the acquisition of Kate Spade & Company (NYSE:KATE) for $18.50 per share in cash for a total transaction value of $2.4 billion. The tender offer by a subsidiary of Coach, Inc. for all the outstanding […]

Rakuten Card launches two special FC Barcelona Credit Cards this Autumn 2017

Cards commemorate partnership between Rakuten, Inc. and FC Barcelona  https://www.rakuten-card.co.jp/card/design/fcbarcelona/ TOKYO, Japan, 2017-Jul-14 — /EPR Retail News/ — Rakuten Card Co., Ltd. today announced that Rakuten Card will issue two special FC Barcelona Credit Cards from fall 2017 to celebrate the partnership between Rakuten, Inc. and FC Barcelona. Rakuten, Inc. became FC Barcelona’s Main Global […]

Kenko.com and Soukai Drug merge to form Rakuten Direct, Inc.

Tokyo, 2017-Jun-13 — /EPR Retail News/ — Rakuten Inc. today (JUNE 12, 2017) announced that the new company to be formed through the merger of Rakuten’s wholly-owned subsidiaries Kenko.com, Inc. and Soukai Drug. Co., Ltd. on July 1, 2017 will be named Rakuten Direct, Inc. Noriaki Komori will assume the role of Representative Director & CEO at […]

The Bon-Ton Stores, Inc. to release its 1Q FY2017 financial results on Thursday, May 18, 2017

YORK, Pa., 2017-May-06 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (May 4, 2017) announced that its financial results for the first quarter fiscal 2017 will be released on Thursday, May 18, 2017. The company will host a conference call at 10:00 a.m. eastern time to discuss the financial results, followed by a […]

Barnes & Noble appoints Demos Parneros to CEO

NEW YORK, 2017-May-01 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE:BKS), today (April 27, 2017) announced the promotion of Demos Parneros to Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Commensurate with the appointment of Mr. Parneros, Leonard Riggio will step down as CEO and remain Chairman of […]

Rakuten subsidiaries Kenko.com, Inc. and Soukai Drug Co., Ltd. to merge

Tokyo, 2017-Apr-03 — /EPR Retail News/ — Rakuten, Inc. today (March 31, 2017) announced that its wholly-owned subsidiaries Kenko.com, Inc. and Soukai Drug Co., Ltd. will be merged on July 1, 2017. Following this merger, Noriaki Komori will assume on the role of Representative Director & CEO at the new company. Both companies are e-commerce businesses selling daily […]

hhgregg, Inc. engages Stifel Nicolaus and Miller Buckfire as financial advisor and investment banker

INDIANAPOLIS, 2017-Feb-16 — /EPR Retail News/ — hhgregg, Inc. (NYSE: HGG) (“hhgregg” or the “Company”) today (February 15, 2017) announced that it has engaged Stifel, Nicolaus & Co., Inc. and Miller Buckfire & Co., LLC, each subsidiaries of Stifel Financial Corp. (NYSE: SF) to pursue a range of potential strategic and financial transactions that will […]

Overstock.com blockchain subsidiary Medici Ventures participates in Series A funding for Factom, Inc.

SALT LAKE CITY, 2017-Feb-08 — /EPR Retail News/ — Medici Ventures, the blockchain-focused subsidiary of retail technology leader Overstock.com, Inc. (NASDAQ:OSTK), announces its participation in the Series A funding for Factom, Inc., a blockchain-as-a-service technology company based in Austin, TX focusing on mortgage compliance solutions. “We like what Factom is doing with blockchain technology in […]

Lawson, Inc. and Save On Corp. swap franchising rights in Japan

TOKYO, JAPAN, 2017-Feb-02 — /EPR Retail News/ — Lawson, Inc. and Save On Corp. have signed a mega-franchise contract in Gumma, Tochigi, Niigata, Saitama, and Chiba prefectures. About the mega-franchise agreement: At the end of December 2016, Save On operated 503 SAVE ON convenience stores. Save On has agreed to gradually change the outlets into […]

t0.com, Inc. further expands its presence and range of services in global financial ecosystem with the acquisition of Blue Ocean Technologies

Creates Blue Ocean Technologies, LLC to offer U.S. securities trading after close of U.S. capital markets SALT LAKE CITY, 2017-Jan-18 — /EPR Retail News/ — Financial technology firm t0.com, Inc., has formed Blue Ocean Technologies, LLC after acquiring the assets of Singapore-based Blue Ocean Financial Technology, Pte. Ltd. The addition of Blue Ocean Technologies to the […]

CBRE acquires Floored, Inc., a leading producer of SaaS solutions for the global commercial real estate industry

Floored’s 3D Graphics Technology Further Enhances CBRE’s Marketplace Differentiation Los Angeles, 2017-Jan-04 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today  (January 3, 2017) announced that it has acquired Floored, Inc., a leading producer of SaaS (Software as a Service) solutions, including scalable, interactive 3D graphics technology, for the global commercial real estate industry.  […]

Toys“R”Us, Inc. reports 3Q 2016 earnings

WAYNE, NJ, 2016-Dec-02 — /EPR Retail News/ — Details for the Toys“R”Us, Inc. third quarter 2016 earnings conference call are provided below. On the call, the company’s leadership team will discuss the financial results of Toys“R”Us, Inc. and Toys“R”Us – Delaware, Inc. at 2:00 p.m. ET on Tuesday, December 20, 2016. Participation in this call […]

Illinois-based Central Grocers, Inc. joins Topco family

Elk Grove Village, Ill., 2016-Dec-01 — /EPR Retail News/ — Topco Associates LLC announced today ( November 29, 2016) that Joliet, Illinois-based Central Grocers, Inc. has joined the cooperative, expanding its retail, wholesale and foodservice companies’ membership. “I am excited for this strong retailer-owned wholesaler to join our membership,” stated Randy Skoda, Topco President & CEO. […]

Lowe’s Companies, Inc. declares quarterly cash dividend of thirty five cents per share

MOORESVILLE, N.C., 2016-Nov-18 — /EPR Retail News/ — The Board of Directors for Lowe’s Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of thirty five cents ($0.35) per share, payable February 8, 2017, to shareholders of record as of January 25, 2017. Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company […]

Coach, Inc. declared quarterly cash dividend of $0.3375 per common share

NEW YORK, 2016-Nov-17 — /EPR Retail News/ — Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of modern luxury accessories and lifestyle brands, today (Nov. 15, 2016) announced that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on January 3, 2017 to shareholders […]

Build-A-Bear Workshop Inc. among Best Workplaces in Retail according to Great Place to Work® and Fortune for the third consecutive year

Saint Louis, MO, 2016-Nov-03 — /EPR Retail News/ — For the third consecutive year, Build-A-Bear Workshop Inc. (NYSE: BBW)—an interactive destination where guests can make their own personalized furry friends­—is one of the Best Workplaces in Retail, according to global research and consulting firm Great Place to Work® and Fortune. Build-A-Bear Workshop ranked No. 3 on the […]

Coach, Inc. to hold 1Q financial results conference call on November 1, 2016

NEW YORK, 2016-Oct-26 — /EPR Retail News/ — On Tuesday, November 1, 2016 at 8:30 a.m. (ET), Coach, Inc. (NYSE:COH) (SEHK:6388) will hold a conference call to discuss the company’s first quarter results and strategic initiatives, which will be reported via press release earlier that morning. To listen to the call, please dial: 1-888-405-2080 or 1-210-795-9977 […]

Electronic Transaction Clearing, Inc. to provide custodial services in historic issuance of blockchain securities from Overstock.com

SALT LAKE CITY, 2016-Oct-07 — /EPR Retail News/ — Electronic Transaction Clearing, Inc. (ETC) has integrated with t0’s platform and will act as custodian of shares in a forthcoming blockchain preferred share offering from Overstock.com. Under the agreement, ETC will provide custodian services to securities broker-dealer Keystone Capital Corporation, which has licensed t0’s blockchain-based trading technology.“This […]

ascena retail group, inc. implements major enterprise transformation plan and announces new Change for Growth program

MAHWAH, N.J., 2016-Oct-06 — /EPR Retail News/ — After more than six months of extensive planning, ascena retail group, inc. (NASDAQ:ASNA) (the “Company”) today (Oct. 4, 2016) begins the execution phase of its major enterprise transformation plan. In addition to the ongoing implementation of its $235 million cost-savings initiative associated with its integration of ANN INC., […]

Yum! Brands Board of Directors approve separation of its China business, now owned by Yum China Holdings, Inc.

LOUISVILLE, KY, 2016-Sep-30 — /EPR Retail News/ — Yum! Brands, Inc. (NYSE: YUM) today (September 26, 2016) announced that its Board of Directors has approved the previously announced separation of its China business, now owned by Yum China Holdings, Inc. (Yum China), from Yum! Brands, which is currently expected to occur after the close of business on […]

Yum! Brands, Inc. announces nine new directors of Yum China Holdings, Inc.

LOUISVILLE, KY and SHANGHAI, 2016-Sep-16 — /EPR Retail News/ — Yum! Brands, Inc. (NYSE: YUM) today ( September 15, 2016) announced the expected composition of the Board of Directors of Yum China Holdings, Inc. (“Yum China”). The nine new directors announced today, seven of whom are independent, are expected to serve on the Yum China Board of […]

ascena retail group to present at Oppenheimer’s 16th Annual Consumer Conference in Boston

MAHWAH, N.J., 2016-Aug-18 — /EPR Retail News/ — ascena retail group, inc. (NASDAQ: ASNA) will be presenting at Oppenheimer’s 16th Annual Consumer Conference at the Four Seasons Hotel in Boston, MA on Wednesday June 22, 2016 at 10:25 am ET. A live webcast of the presentation will be available at http://www.ascenaretail.com. A replay of the […]

Equity One, Inc. declares cash dividend of $0.22 per share

New York, NY, 2016-Aug-16 — /EPR Retail News/ — Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today that its Board of Directors has declared a cash dividend of $0.22 per share of its common stock for the quarter ending September 30, 2016, payable on September 30, 2016 to stockholders of […]

J. C. Penney Company, Inc. announces 2Q financial results ended July 30, 2016

PLANO, Texas, 2016-Aug-16 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today announced financial results for its second quarter ended July 30, 2016. Comparable sales increased 2.2 % for the second quarter, delivering a two-year stack of 6.3%. Net loss improved 52% to $(56) million versus the prior year. Marvin R. Ellison, […]

GameStop completes acquisition of AT&T authorized retailers: Cellular World Corp., Midwest Cellular, Inc., and Red Skye Wireless, Inc.

GRAPEVINE, TX, 2016-Aug-05 — /EPR Retail News/ — GameStop Corp.(NYSE: GME), a family of specialty retail brands that makes the most popular technologies affordable and simple, today announced that it has completed the acquisition of three national AT&T authorized retailers: Cellular World Corp.,Midwest Cellular, Inc., and Red Skye Wireless, Inc., adding 507 stores to its Technology […]

Faribault Foods, Inc.: voluntary recall of a limited number of 15 ounce No-Salt-Added Black Beans

WASHINGTON, 2016-Jul-20 — /EPR Retail News/ — Faribault Foods, Inc. of Faribault, MN, is initiating a voluntary recall of a limited number of 15 ounce No-Salt-Added Black Beans due to the potential presence of plastic and/or metal pieces within the product. This voluntary recall covers one specific production code and was distributed under the following […]