Retail

Mattel Receives Record Number of “Toy of the Year” Awards

Saturday, February 22, 2020 - 10:24pm

Mattel, Inc. (NASDAQ: MAT) was recognized with a total of four prestigious Toy of the Year awards at the 2020 Toy Association's annual Toy of the Year (TOTY) Awards ceremony held on Friday evening in New York.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) was recognized with a total of four prestigious Toy of the Year awards at the 2020 Toy Association's annual Toy of the Year (TOTY) Awards ceremony held on Friday evening in New York.
  • This marks the most TOTY awards Mattel has been awarded in one year.
  • The Toy Association TOTY Awards are given to products for being the most outstanding, unique and creative toy introductions from the past year.
  • The awards are based on votes from toy retailers, media, Toy Association members and consumers.

Berkshire Hathaway Inc. News Release

Saturday, February 22, 2020 - 1:00pm

This press release includes certain non-GAAP financial measures.

Key Points: 
  • This press release includes certain non-GAAP financial measures.
  • In addition to the GAAP presentations of net earnings, Berkshire shows operating earnings defined as net earnings exclusive of investment and derivative gains/losses.
  • Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services.
  • Certain statements contained in this press release are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

FCPT Announces Closing of Second Tranche (Nine Properties) of Brookfield Transaction for $12.9 Million

Friday, February 21, 2020 - 9:05pm

The properties are located in Michigan, Minnesota, Missouri (2), North Carolina, Oklahoma (2) and Washington (2) within highly trafficked retail corridors.

Key Points: 
  • The properties are located in Michigan, Minnesota, Missouri (2), North Carolina, Oklahoma (2) and Washington (2) within highly trafficked retail corridors.
  • The tranche has an average lease term of approximately four years and eight of the nine leases are corporate-operated or guaranteed.
  • The Brookfield Properties portfolio transaction was priced at a cap rate in range with previous FCPT transactions.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

Sealed Air Announces Upcoming Events with the Financial Community

Friday, February 21, 2020 - 9:30pm

Interested parties can view the event on Sealed Airs Investors homepage at www.sealedair.com/investors .

Key Points: 
  • Interested parties can view the event on Sealed Airs Investors homepage at www.sealedair.com/investors .
  • Sealed Air is in business to protect, to solve critical packaging challenges and to leave our world better than we found it.
  • Our portfolio of leading packaging solutions includes CRYOVAC brand food packaging, SEALED AIR brand protective packaging and BUBBLE WRAP brand packaging, which collectively enable a safer, more efficient food supply chain and protect valuable goods shipped around the world.
  • Sealed Air generated $4.8 billion in sales in 2019 and has approximately 16,500 employees who serve customers in 124 countries.

Urban Edge Properties Declares a Quarterly Common Dividend of $0.22 per Share

Friday, February 21, 2020 - 9:15pm

Urban Edge Properties (NYSE:UE) announced today that its Board of Trustees has declared a regular quarterly dividend of $0.22 per common share.

Key Points: 
  • Urban Edge Properties (NYSE:UE) announced today that its Board of Trustees has declared a regular quarterly dividend of $0.22 per common share.
  • The dividend will be payable on March 31, 2020 to common shareholders of record on March 16, 2020.
  • Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region.
  • Urban Edge owns 79 properties totaling 15.3 million square feet of gross leasable area.

DXP Enterprises Elects Joseph R. Mannes to Board of Directors; Cletus Davis to Retire From Board in June

Friday, February 21, 2020 - 8:00pm

The company also announced today that after reviewing multiple candidates, its board of directors has elected Joseph Mannes, 61, a director of the company, effective tomorrow.

Key Points: 
  • The company also announced today that after reviewing multiple candidates, its board of directors has elected Joseph Mannes, 61, a director of the company, effective tomorrow.
  • Davis contributions to DXP have been numerous, having served as an advisor and board member of DXP and its predecessor company Southern Engine and Pump Company.
  • Davis joined DXP before it was a publicly traded entity and served as a consistent voice, advisor and confidant to DXPs chief executive officer, David Little.
  • It has been my privilege to work with Cowboy over the past 25 years, said David Little, DXP chief executive officer.

Frozen Vegetables Market 2019-2023|Growth of the Restaurant and Food Service Industry to Boost Growth | Technavio

Friday, February 21, 2020 - 8:00pm

Our frozen vegetables market report covers the following areas:

Key Points: 
  • Our frozen vegetables market report covers the following areas:
    This study identifies technological developments in the frozen vegetables market as one of the prime reasons driving the frozen vegetables market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the frozen vegetables market, including some of the vendors such as B&G Foods, Inc., Conagra Brands Inc., General Mills Inc., Greenyard NV and The Kraft Heinz Co.
  • Backed with competitive intelligence and benchmarking, our research reports on the frozen vegetables market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Bossa Nova Appoints Stuart Pann as CEO

Friday, February 21, 2020 - 8:00pm

SAN FRANCISCO, Feb. 21, 2020 (GLOBE NEWSWIRE) -- Bossa Nova , the leading data service provider for global retailers, announced today that Stuart Pann, former Chief Supply Chain Officer at HP Inc., has been appointed chief executive officer, effective immediately.

Key Points: 
  • SAN FRANCISCO, Feb. 21, 2020 (GLOBE NEWSWIRE) -- Bossa Nova , the leading data service provider for global retailers, announced today that Stuart Pann, former Chief Supply Chain Officer at HP Inc., has been appointed chief executive officer, effective immediately.
  • Stuart brings an extensive supply chain background that will help further drive our business growth and scale, said Bruce McWilliams.
  • I am truly honored to lead an extraordinary company thats at the forefront of streamlining inventory management for retailers worldwide through bleeding-edge artificial intelligence, said Stuart Pann.
  • I am excited to lead Bossa Nova on its next phase of global growth and market leadership.

Camping World Holdings, Inc. Announces Date of Fourth Quarter and Full Year 2019 Earnings Conference Call

Friday, February 21, 2020 - 6:25pm

Investors and analysts interested in participating in the call are invited to dial 888-394-8218 (international callers please dial 1-323-701-0225) approximately 10 minutes prior to the start of the call.

Key Points: 
  • Investors and analysts interested in participating in the call are invited to dial 888-394-8218 (international callers please dial 1-323-701-0225) approximately 10 minutes prior to the start of the call.
  • A live audio webcast of the conference call will be available online at http://investor.campingworld.com .
  • Camping World Holdings, Inc. (together with its subsidiaries) is Americas largest retailer of recreational vehicles (RVs) and related products and services.
  • Our vision is to build a long-term legacy business that makes RVing fun and easy, and our Camping World and Good Sam brands have been serving RV consumers since 1966.

NFRA State of the Industry Report Shows Impressive Category Power of Frozen and Dairy Departments

Friday, February 21, 2020 - 4:10pm

Today's frozen and dairy departments are clearly connecting with shoppers showing combined sales of $125 billion in the 52 weeks ending June 29, 2019.

Key Points: 
  • Today's frozen and dairy departments are clearly connecting with shoppers showing combined sales of $125 billion in the 52 weeks ending June 29, 2019.
  • The average frozen and dairy department shopper spends $13.44 per trip making these departments important for increasing the dollar sales of each shopping basket.
  • "Both the frozen and dairy departments have strong, broad appeal among consumers with the potential to drive short- and long-term growth for retailers.
  • NFRA's complete 400+ page 2019 State of the Industry Report is free to NFRA members as a benefit of membership.