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Monthly Archives: May 2014

METRO GROUP appoints Pieter Haas as Media-Saturn-Holding’s Management Board Deputy Chairman

Düsseldorf, Germany, 2014-5-7 — /EPR Retail News/ —  The METRO GROUP has paid tribute to the tremendous achievements and the enormous contribution made by Horst Norberg, who announced his resignation as Chairman of the Management Board at Media-Saturn-Holding (MSH) on Tuesday. At the same time, the Duesseldorf-based trading group has decided to delegate his fellow Board Member Pieter Haas to MSH's…

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John Lewis marks 150th anniversary with marketing campaign and TV advert ‘Never Standing Still’

LONDON, 2014-5-7 — /EPR Retail News/ —  To mark its 150th anniversary this year, John Lewis will be launching a significant marketing campaign including a brand new TV advert entitled 'Never Standing Still.' The 90 second advert goes live on the retailer's social media channels on Friday 2 May and will launch on Saturday 3 May…

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Alliance Boots to acquire Farmacias Ahumada and Farmacias Benavides

Alliance Boots today announces that it has signed an agreement to acquire Farmacias Ahumada ("FASA"). Nottingham, 2014-5-7 — /EPR Retail News/ —  The acquisition comprises two main businesses, which together operate over 1,400 stores, with combined revenues of around £835 million. Farmacias Benavides is the third largest retail pharmacy chain in Mexico with around 1,000 stores,…

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Sainsbury’s Anniversary Games to be held in Horse Guards Parade Ground and The Mall in central London

British Athletics announces the Sainsbury's Anniversary Games will be held in the iconic setting of Horse Guards Parade Ground and The Mall in central London. LONDON, 2014-5-7 — /EPR Retail News/ —  To mark ticket registration opening at 9am on Tuesday 6 May, Olympic champion Greg Rutherford (coach: Jonas Tawiah-Dodoo) and training partner Jermaine Olasan (Tawiah-Dodoo)…

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IKEA begins recruitment process for its future Kansas City-area store, opening Fall 2014

MERRIAM, KS, 2014-5-7 — /EPR Retail News/ —  IKEA, the world’s leading home furnishings retailer, today announced it has begun the coworker recruitment process for its future Kansas City-area store, opening Fall 2014 at the intersection of I-35 and Johnson Drive in Merriam, KS. Candidates interested in working at the future IKEA Merriam should look online…

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IKEA Foundation campaign ‘Brighter Lives for Refugees’ raised $10.6M for UNHCR to bring sustainable lighting and energy in refugee camps

Campaign supports camps in Asia, Africa and Middle East with Sustainable Lighting and Improved Access to Renewable Energy and Primary Education CONSHOHOCKEN, PA,  2014-5-7 — /EPR Retail News/ —  The IKEA Foundation announces the ‘Brighter Lives for Refugees’ campaign, which ran from February 3 – March 29, 2014 raised $10.6 million* (Є7.7 million) globally, and the…

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Adam Brotman, Phillipe Bourguignon, and Vivek “Vic” Gundotra join Neiman Marcus Group, Inc. Board of Directors

DALLAS, Texas, 2014-5-7 — /EPR Retail News/ —  Neiman Marcus Group, Inc. announced today that Adam Brotman, Phillipe Bourguignon, and Vivek “Vic” Gundotra have been named to the Board of Directors. Mr. Brotman is Chief Digital Officer for Starbucks Coffee Company. In this role, he has responsibility for Starbucks core digital businesses, including mobile and mobile…

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NRF marks Imports Work Week with “Rethinking Made in America in the 21st Century” report

Report Say Imports are More ‘Made in America’ Than Label Reveals WASHINGTON, 2014-5-6 — /EPR Retail News/ —  Imported products sold in the United States from clothing to cars contain far more U.S. parts or other content and value and support significantly more American jobs than consumers or policymakers realize, according to a new report prepared…

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IKEA Group to nominate Lars-Johan Jarnheimer as new chairman of the board from January 2015

Lars-Johan Jarnheimer will be nominated as new chairman of the INGKA Holding B.V Supervisory Board, the board of the IKEA Group, from January 2015. CONSHOHOCKEN, PA, 2014-5-6 — /EPR Retail News/ — He will succeed Göran Grosskopf who will take on the role as chairman of the owner foundation Stichting INGKA Foundation and its two related foundations Stichting…

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AHOLD repurchased 1,960,000 AHOLD COMMON SHARES for € 26.99 million between April 28 and May 2, 2014

Zaandam, the Netherlands, 2014-5-6 — /EPR Retail News/ — Ahold has repurchased 1,960,000 Ahold common shares in the period from April 28, 2014 up to and including May 2, 2014. The shares were repurchased at an average price of € 13.7705 per share for a total consideration of € 26.99 million. These repurchases were made as…

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Retail Industry Leaders Association to highlight essential role of imports in American economy during “Imports Work” week, May 5-9, 2014

Arlington , VA, 2014-5-6 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) will highlight the essential role that imports play in the American economy during the third annual “Imports Work” week, scheduled from May 5-9, 2014. May has long been recognized as World Trade Month, with many groups taking the opportunity to underscore the…

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NACS welcomes Reed Armstrong as its products & services manager

ALEXANDRIA, VA, 2014-5-6 — /EPR Retail News/ — Reed Armstrong has joined NACS as products & services manager. Armstrong comes to NACS after several years as an advisor at Cresa, a corporate real estate firm. Earlier in his career, Armstrong also served as a marketing associate, research & insights consulting, at The Advisory Board Company.Armstrong earned…

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SM Prime Holdings, Inc. reported consolidated net income increase of 11% to Php4.58 billion for the Q1-2014

Pasay City, Philippines, 2014-5-6 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported consolidated net income increase of 11% to Php4.58 billion for the first three months of 2014 from Php4.11 billion in the same period last year. Consolidated revenues, rose…

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Global retail real estate convention ICSC RECon to be held from 18 to 20 May 2014 in Las Vegas

New Schedule, New Hours, New Floor Plan NEW YORK, 2014-5-5 — /EPR Retail News/ —  RECon, the global retail real estate convention, hosted by the International Council of Shopping Centers (ICSC), will provide networking, deal making, and educational opportunities for shopping center professionals from across the globe. The convention runs from May 18-20, 2014 and takes…

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L Brands to broadcast April Sales Report on May 8, 2014

COLUMBUS, Ohio, 2014-5-5 — /EPR Retail News/ —  In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the April sales report with Amie Preston, Chief Investor Relations Officer for L Brands (NYSE: LB).  The broadcast will be available on the Internet on Thursday, May 8, at 7:30…

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Toys“R”Us, Inc. to hold fourth quarter 2013 Lenders and Note Investors Conference Call on May 7, 2014

WAYNE, NJ, 2014-5-5 — /EPR Retail News/ —  Toys“R”Us, Inc. is pleased to announce that its fourth quarter 2013 Lenders and Note Investors Conference Call to discuss the financial results of Toys“R”Us, Inc., Toys“R”Us – Delaware, Inc., and Toys“R”Us Property Company II, LLC has been scheduled for 10:00 a.m. ET on Wednesday, May 7, 2014. Participation…

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Rite Aid Foundation donates $40,000 to American Red Cross to help victims affected by the severe weather in the southeast

Camp Hill, Pa., 2014-5-5 — /EPR Retail News/ —  Rite Aid today announced that The Rite Aid Foundation is making a $40,000 donation to the American Red Cross to help the victims, families and communities affected by the severe weather that occurred in the southeast earlier this week. The Rite Aid Foundation is donating $25,000 to the…

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Rite Aid Corporation appoints Matt Lynch as senior VP and chief information officer

CAMP HILL, PA, 2014-5-5 — /EPR Retail News/ —  Rite Aid Corporation (NYSE: RAD) announced today that Matt Lynch, an information technology executive with nearly 30 years' experience, is joining Rite Aid as senior vice president and chief information officer. In this position, Lynch will be responsible for all aspects of the company's technology and information operations,…

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Target appoints John Mulligan as interim president, CEO and Roxanne S. Austin as interim non-executive chair of the board

MINNEAPOLIS,  2014-5-5 — /EPR Retail News/ —  Target’s board of directors issued the following statement today: “Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target. Effective immediately, Gregg will step down from his positions as Chairman of the Target board of directors,…

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Ingles Markets reported higher sales and net income for the three and six months ended March 29, 2014

ASHEVILLE, N.C., 2014-5-5 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three and six months ended March 29, 2014 as compared with the three and six months ended March 30, 2013.  Second quarter net sales rose $27.1 million to $947.8 million and net income increased 29.2% to…

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Morrisons opened its first accessible, assisted changing places toilet for disabled customers

Bradford, England, 2014-5-5 — /EPR Retail News/ —  Morrisons officially opened its first accessible, assisted Changing Places toilet for disabled customers to appear in any of its UK stores. Intended for a more dignified experience, the washroom features more space than a standard accessible toilet, to accommodate the user and their carer(s), plus a height adjustable…

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Wincor Nixdorf reaffirmed its projection of 4% growth in net sales and 17% rise in EBITA to €155 million in its fiscal 2013/2014

Paderborn, Germany, 2014-5-5 — /EPR Retail News/ —  Wincor Nixdorf AG completed the first six months of fiscal 2013/2014 with a decline in net sales and growth in operating profit. Net sales fell by 3% to €1,230 million (previous year: €1,266 million). Operating profit (EBITA) rose by 3% to €68 million (€66 million). The EBITA…

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400 professionals from around the world to attend CBRE’s 14th annual Women’s Networking Forum in Chicago

Chicago, IL, 2014-5-5 — /EPR Retail News/ —  More than 400 professionals from around the world will come together in Chicago next week for CBRE Group Inc.’s (CBRE) 14th annual Women’s Networking Forum. The 2014 conference, “Dare to be Extraordinary,” is expected to be the largest in the CBRE Women’s Network’s history and will feature presentations…

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Delhaize Group to announce its first quarter 2014 results on May 7, 2014

BRUSSELS, Belgium,  2014-5-2 — /EPR Retail News/ —  Delhaize Group will announce its first quarter 2014 results (ended March 31, 2014) on Wednesday May 7, 2014 at 7:00 a.m. CET. The press release will be available on Delhaize Group's website (www.delhaizegroup.com) immediately after its publication. The Delhaize Group management team will discuss the first quarter 2014…

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Albert Heijn to invest in automated distribution center for non-perishables

Zaandam, the Netherlands, 2014-5-2 — /EPR Retail News/ —  Albert Heijn will invest in an automated distribution center for non-perishables. By creating more capacity in the same space, Albert Heijn can better accommodate the future demands of customers and supply its stores more efficiently. The quality of life at work will also improve for employees in the…

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National Retail Federation to kick off its annual Loss Prevention Conference and Expo in Fort Lauderdale this June

Keynote by Former U.S. Secretary of Homeland Security Michael Chertoff  WASHINGTON, 2014-5-2 — /EPR Retail News/ —  The National Retail Federation will kick off its annual Loss Prevention Conference and Expo in Fort Lauderdale this June and will welcome Chairman of the Chertoff Group and former Secretary of the U.S. Department of Homeland Security, Michael Chertoff, for the opening keynote address.…

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NRF: Retail employment increased 28,000 in April from March and 241,000 year-over-year

WASHINGTON, 2014-5-2 — /EPR Retail News/ —  The National Retail Federation issued the statements below from President and CEO Matthew Shay and Chief Economist Jack Kleinhenz in response to the April jobs report released today. NRF calculated that retail employment increased 28,000 in April from March and 241,000 year-over-year. March's retail employment was revised upward…

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Co-op teams opened two new food stores in the Edmonton area

Edmonton, Alberta, 2014-5-2 — /EPR Retail News/ — Fresh paint. New signs. In 24 hours, Co-op teams turned around and opened two new food stores in the Edmonton area. This morning, Leduc Co-op opened its new food store at 5421-50th Street. Yesterday, TGP opened in the Gold Bar neighbourhood in southeast Edmonton, the first of its two new food stores. TGP took…

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Kimco Realty Corp acquired 24-property retail portfolio in New England for $270M, including assumption of $120.5M mortgage debt

Company significantly expands in the Boston metropolitan market NEW HYDE PARK, N.Y., 2014-5-1 — /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 completed the purchase of a 24-property retail portfolio in New England for $270 million, including…

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