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Monthly Archives: August 2014

Kesko Group reports €797.1 million sales in July 2014

Kesko Group's sales, excluding VAT, in July 2014 totalled €797.1 million, down 1.5%. Helsinki, Finland,  2014-8-14 — /EPR Retail News/ —  In Kesko's food trade, sales in July were €375.1 million, an increase of 0.7% from the previous year. In the home and speciality goods trade, sales in July were €103.4 million, a decrease of 5.7%. The…

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NACS: Consumer optimism plummeted in August, even as gas prices fell by more than 15 cents over the past month

​ALEXANDRIA, VA, 2014-8-14 — /EPR Retail News/ — Just as quickly as consumer optimism surged in July, it plummeted in August, even as gas prices fell by more than 15 cents over the past month. Less than 4 in 10 consumers (39%) now say that they are optimistic about the economy, a sharp decline from 46%…

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General Growth Properties, Inc. declares third quarter common stock dividend of $0.16 per share payable on October 31, 2014

Chicago, Illinois, 2014-8-14 — /EPR Retail News/ —  General Growth Properties, Inc. (NYSE: GGP, the “Company”) today announced its Board of Directors declared a third quarter common stock dividend of $0.16 per share payable on October 31, 2014, to stockholders of record on October 15, 2014. The dividend represents an increase of $0.03 per share,…

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Target Canada unveils number of merchandise expansion including exclusive collaboration with Canadian celebrity designer Sarah Richardson

MISSISSAUGA, ON, 2014-8-14 — /EPR Retail News/ —  Target Canada today announced several initiatives to improve business performance and better deliver the Target brand experience to Canadian guests from coast to coast. The initiatives come on the heels of some leadership changes last spring and a comprehensive review of its Canadian operations. Among the announcements, Target unveiled…

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IDC and Wincor Nixdorf welcome branch managers to participate in expert dialogue on branch transformation on September 15, 2014

Paderborn, Germany,  2014-8-14 — /EPR Retail News/ —  The digital revolution is having a transformative effect on retail banks and particularly their branch operations. Market research firm IDC and IT solutions provider Wincor Nixdorf will focus on key issues related to the transformation of the branch network in an engaging and informative webinar on September…

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Foodstuffs North Island Managing Director Murray Jordan to leave the business mid-2015 to pursue professional board appointments

North Island, New Zealand, 2014-8-14 — /EPR Retail News/ — Foodstuffs North Island (FSNI) Managing Director, Murray Jordan, has notified the Board of his intention to leave the business mid-2015 to pursue professional board appointments. Announcing Mr Jordan’s decision, FSNI Chairman Peter Anderson praised Mr Jordan for his “stellar role” in merging the two former North Island Foodstuffs…

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Defense Commissary Agency CEO Joseph H. Jeu announced changes in four senior leadership positions within the Sales, Marketing & Policy Group

FORT LEE, Va., 2014-8-14 — /EPR Retail News/ —  Defense Commissary Agency Director and Chief Executive Officer Joseph H. Jeu announced changes in four senior leadership positions within the Sales, Marketing & Policy Group. Changes take effect Aug. 10. Randall L. "Randy" Chandler, currently director of sales, will become director of operations and policy, a position currently…

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Walgreens and Alliance Boots merge to create the first global pharmacy-led, health and wellbeing enterprise

Nottingham, 2014-8-14 — /EPR Retail News/ —  Alliance Boots is delighted that Walgreens has exercised its option to complete the second step of its strategic transaction with Alliance Boots. The new company will be the first global pharmacy-led, health and wellbeing enterprise. The combined enterprise will be named Walgreens Boots Alliance and headquartered in the Chicago…

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Alliance Boots completed the acquisition of 1,400 pharmacy stores in Mexico and Chile

Nottingham, 2014-8-13 — /EPR Retail News/ —  Alliance Boots today announces that it has completed the acquisition of Farmacias Ahumada S.A. ("FASA"). The completion follows receipt of regulatory approvals and the closing of the cash tender offer for the outstanding fully diluted share capital of FASA whose shares are listed on the Santiago Stock Exchange. The acquisition comprises…

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S Group reports improved January–June 2014 result compared to the previous year

Helsinki, Finland, 2014-8-13 — /EPR Retail News/ —  Cost reductions implemented within the S Group resulted in an improved January–June result compared to the previous year. Retail sales contributed close to €5.5 billion, which is the same as for the corresponding period last year. In January–June 2014, S Group's total profit before extraordinary items and taxes was…

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Jan du Plessis to step down from the Board of M&S to become Chairman of SABMiller plc.

LONDON,  2014-8-13 — /EPR Retail News/ —  Marks and Spencer Group plc (M&S) notes the announcement made today that Jan du Plessis is to be appointed to the Board of SABMiller plc on 1st September, 2014 and that it is intended that he will become Chairman during July, 2015.  In the light of this appointment,…

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IKEA to open its future Kansas City-area store on September 10, 2014

IKEA, the world’s leading home furnishings retailer, today announced that its future Kansas City-area store will open in Merriam, KS at 9 a.m. on Wednesday, September 10, 2014, expanding the IKEA presence in the Midwestern United States. MERRIAM, KS, 2014-8-13 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, todayannounced that its future…

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Belk announced two executive appointments effective on September 1, 2014

Jan Clevenger named Belk, Inc. EVP and GMM, Men’s, Home and Kids David Luoma appointed Chair of Belk Western Division Based in Birmingham, Ala. CHARLOTTE, N.C., 2014-8-13 — /EPR Retail News/ — Belk has announced two executive appointments effective on September 1, 2014: Jan Clevenger has been named executive vice president (EVP) and general merchandising manager (GMM) of…

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Gap encourages moms and dads to share their experiences of parenthood and celebrate ‘kids being kids’ through social media

Engaging parents and celebrating their one-of-a-kind children with new social channels and program NEW YORK, 2014-8-12 — /EPR Retail News/ — Gap is encouraging moms and dads around the world to share their experiences of parenthood and celebrate ‘kids being kids’ through social media. Today Gap is launching the inaugural GapKids Class of 2014, a contest inviting parents…

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Carolina Cheerwine now available in frozen form at 131 7-Eleven® stores in North and South Carolina

Charlotte, NC, 2014-8-12 — /EPR Retail News/ —  Cheerwine, the “legendary soft drink of the South,” has been described as best served bone-chilling cold, which makes it a perfect new flavor for 7-Eleven, Inc.’s iconic Slurpee® semi-frozen carbonated drink. Now Carolina Cheerwine followers can find their favorite cherry-flavored beverage in frozen form at 131 7-Eleven® stores in North and…

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ICSC and Goldman Sachs Weekly Chain Store Sales Index increased 3.2% for the week ending August 9 vs the year earlier

NEW YORK, 2014-8-12 — /EPR Retail News/ —  The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.2% for the week ending August 9 – relative to the prior year. On a weekly basis, sales decreased 1.4% compared to the previous week. “Business was a bit more mixed this…

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Rite Aid: seasonal flu shots now available at Rite Aid pharmacies nationwide

Flu Shots Now Available at Rite Aid Pharmacies Nationwide Rite Aid's Workplace Flu Shot Clinic and Voucher Programs Return Camp Hill, Pa., 2014-8-12 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that seasonal flu shots are now available at Rite Aid pharmacies nationwide. Customers can visit any Rite Aid pharmacy to…

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Groupe Auchan ends its partnership in India with Max Hypermarkets

By common agreement, Groupe Auchan and Max Hypermarkets end their partnership in India. The 12 stores will no longer operate under the Auchan banner by January 2015 at the latest. PARIS,  2014-8-12 — /EPR Retail News/ —  In August 2012, Groupe Auchan and Max Hypermarkets signed a License Agreement in which Groupe Auchan offered the…

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BRC-KPMG ONLINE RETAIL SALES MONITOR JULY 2014: UK’s online sales of Non-Food products grew 14.9% in July vs last year’s July

LONDON,  2014-8-12 — /EPR Retail News/ —  Online sales of Non-Food products in the UK grew 14.9% in July versus a year earlier. In July 2013, they had increased by 7.9% over the previous year. In July, online sales represented 16.7% of total Non-Food sales of our Monitor, against 15.3% in July 2013. July's penetration was…

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BRC-KPMG RETAIL SALES MONITOR JULY 2014: UK retail sales down 0.3% on like-for-like basis from July 2013

LONDON, 2014-8-12 — /EPR Retail News/ —  UK retail sales were down 0.3% on a like-for-like basis from July 2013, when they had increased 2.2% on the preceding year. On a total basis, sales were up 1.3%, against a 3.9% rise in July 2013. The three-month average total sales growth, 1.3%, is below the twelve-month…

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Philippines: SM Prime Holdings, Inc. set the interest rates for its Peso-denominated 15 billion retail bonds

Pasay City, Philippines, 2014-8-11 — /EPR Retail News/ —  SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year retail bonds at 5.2006% p.a., and its Series C, 10-year retail bonds at 5.7417% p.a. SMPH will issue an aggregate principal amount of…

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Starbucks relocated from smaller store in Fremont to spacious two-level, corner site that opened on August 8, 2014

Fremont, Seattle, 2014-8-11 — /EPR Retail News/ —  There are more than 20,000 Starbucks worldwide, but only one of those stores has a neon letter “f” inside that’s five-feet tall. The reclaimed art piece might look out of place anywhere else. It fits perfectly in Fremont. The Seattle neighborhood, with a six-ton concrete troll sculpture under a…

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Starbucks China donates RMB1.5 million to support disaster relief work in the earthquake-hit regions of Yunnan’s Ludian county

Yunnan, China, 2014-8-11 — /EPR Retail News/ —  Starbucks China announced a RMB1.5 million donation to support the disaster relief work in the earthquake-hit regions of Yunnan’s Ludian county. This donation, by the Starbucks Foundation, will be administered by the China Soong Ching Ling Foundation. “Our thoughts are with the people in Ludian, Yunnan, whose lives and…

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ALDI recognized as nation’s low-price grocery leader for the fourth year in a row according to Market Force Information, Inc. survey

Survey also recognizes ALDI as one of America’s top three favorite grocery store chains Batavia, Ill., 2014-8-11 — /EPR Retail News/ —  Discount grocer ALDI was recognized as the nation’s low-price grocery leader for the fourth year in a row, according to a recent consumer survey* conducted by Market Force Information, Inc., the world’s leading customer intelligence…

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AHOLD REPURCHASED 1,746,164 AHOLD COMMON SHARES FOR € 22.16 MILLION BETWEEN AUGUST 4 AND AUGUST 8, 2014

Zaandam, the Netherlands,  2014-8-11 — /EPR Retail News/ —  Ahold has repurchased 1,746,164 Ahold common shares in the period from August 4, 2014 up to and including August 8, 2014. The shares were repurchased at an average price of € 12.6901 per share for a total consideration of € 22.16 million. These repurchases were made as…

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CarMax, Inc. names Jim Lyski as chief marketing officer and SVP

RICHMOND, Virginia, 2014-8-11 — /EPR Retail News/ —  CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced the appointment of Jim Lyski as chief marketing officer and senior vice president. Lyski will begin employment at CarMax immediately. Lyski, 51, will be responsible for directing and managing all of the company’s marketing functions, including consumer…

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Morrisons the first food retailer whose colleagues achieved the Welfare of Animals at the Time Of Killing qualifications

Bradford, England,  2014-8-11 — /EPR Retail News/ —  Morrisons is the first food retailer whose colleagues have achieved the Welfare of Animals at the Time Of Killing (WATOK) qualifications. The WATOK qualification assesses and confirms the competence of individuals in ensuring the highest possible standards of welfare of animals at the point of slaughter. Morrisons colleagues at…

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Sonia Kashuk and Target® Corp partner with The Breast Cancer Research Foundation® to create exclusive new brush set to raise money in support of the fight against breast cancer

MINNEAPOLIS,  2014-8-11 — /EPR Retail News/ —  Sonia Kashuk, breast cancer survivor and beauty entrepreneur, and Target® Corp (NYSE:TGT) have partnered with The Breast Cancer Research Foundation® (BCRF) for the eighth straight year to create an exclusive NEW brush set to raise money in support of the fight against breast cancer. Sonia Kashuk introduces a newly redesigned Proudly…

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Sonia Kashuk launches 2014 Collection available exclusively at Target

MINNEAPOLIS, 2014-8-11 — /EPR Retail News/ —  Update your beauty routine this fall with sophisticated makeup and luxe new tools from Sonia Kashuk. Beautiful makeup begins with flawless skin, and Sonia makes achieving it easier than ever with her first radiance boosting face oil. Remarkably chic kajals put just the right emphasis on the eyes, while…

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Meijer sponsors the first Miller Park giveaway featuring Hank, “The Ballpark Pup,” on Aug. 6 at Milwaukee Brewers game

Brewers fans to receive full-size Hank beach towel at Aug. 6 game GRAND RAPIDS, Mich., 2014-8-8 — /EPR Retail News/ —  As a new partner of the Milwaukee Brewers, Grand Rapids, Mich.-based retailer Meijer will sponsor the first Miller Park giveaway featuring Hank, “The Ballpark Pup,” on Aug. 6 when the Brewers play the San Francisco Giants…

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