GCH Retail (Malaysia) Sdn Bhd launched e-debit transaction service at all 128 stores nationwide

Shah Alam, Malaysia, 2014-2-4 — /EPR Retail News/ — GCH Retail (Malaysia) Sdn Bhd, which operates the Giant hypermarket chain, yesterday launched e-debit transaction service at all 128 stores nationwide to provide the convenience of cashless transactions to Malaysian shoppers, said its marketing director Ruben Brusch. It is the first hypermarket chain in Malaysia to offer customers […]

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Kesko Corporation to acquire the company’s own B shares

Helsinki, Finland, 2014-2-4 — /EPR Retail News/ — Kesko Corporation’s shareholders jointly representing over 10% of the votes carried by the company shares have made a proposal to the Annual General Meeting to be held on 7 April 2014 for the number of Board members, their remuneration and the reimbursement of their expenses. Proposal for the number […]

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Kesko’s board to propose €1.40 per share dividend for 2013 to the Annual General Meeting

Helsinki, Finland, 2014-2-4 — /EPR Retail News/ — Kesko Corporation’s Board has decided to propose to the Annual General Meeting to be convened for 7 April 2014 that the dividend payable for the year 2013 be €1.40 per share. The Board’s Audit Committee proposes that the firm of auditors PricewaterhouseCoopers Oy, Authorised Public Accountants, be elected as the […]

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Sainsbury’s introduced its new new Spring/Summer ‘14 homeware range

London, UK, 2014-2-4 — /EPR Retail News/ — With the prospect of longer, sunnier days, refreshing and renewing your home interior can really get you in the mood for Spring. And what better way to welcome in the new season than by revitalising your interior with the new Spring/Summer ’14 homeware range by Sainsbury’s. Displayed in store […]

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Carrefour’s franchise partner The Majid Al Futtaim Group opened two new stores

Paris, France, 2014-2-4 — /EPR Retail News/ — The Majid Al Futtaim Group – our franchise partner – opened two new stores. United Arab Emirates – Al Seef Carrefour Market store opens in Abu Dhabi On 23 January 2014, the Majid Al Futtaim Group – our franchise partner – opened its 25th Carrefour Market supermarket in the […]

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National Retail Federation calls for coordinated and comprehensive response to recent criminal cyberattacks

Retailers Commit to Collaborative Approach to Reduce Fraud Calls for Coordinated and Comprehensive Response to Recent Cyber Thefts Washington, DC, US, 2014-2-4 — /EPR Retail News/ — The National Retail Federation today urged Congress to take a comprehensive approach as it contemplates a national response to criminal cyberattacks in which millions of consumers’ credit and debit card numbers were stolen. […]

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National Retail Federation released its 2014 Valentine’s Day spending survey conducted by Prosper Insights and Analytics

Washington, DC, US, 2014-2-4 — /EPR Retail News/ — On the heels of a healthy yet modest holiday shopping season, cautious consumers aren’t quite ready to splurge on Valentine’s Day this year, continuing to keep their budgets in check. According to the National Retail Federation’s 2014 Valentine’s Day spending survey conducted by Prosper Insights and Analytics, 54 […]

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New program at Hy-Vee informs customers which seafood comes from environmentally responsible sources

New program will inform customers about Hy-Vee’s high quality seafood that comes from environmentally responsible sources West Des Moines, IA, US, 2014-2-4 — /EPR Retail News/ — Responsible Choice – two simple words that now bring a volume of information to Hy-Vee seafood customers. Starting today, Hy-Vee shoppers will see the blue and green Responsible Choice logos […]

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Marks & Spencer and Oxfam joint campaign ‘Love, Mum’ to raise money for mothers in living poverty around the world

Joanna Lumley, Abbey Clancy and Zoe Ball launch a new initiative from Marks & Spencer and Oxfam to raise money for mothers living in poverty around the world. London, UK, 2014-2-4 — /EPR Retail News/ — CELEBRITY MUMS Joanna Lumley, Abbey Clancy and Zoe Ball today joined forces to launch ‘Love, Mum’, a new joint campaign from […]

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Target CFO and Executive VP John Mulligan: Time for chip-enabled smartcards

Minneapolis, MN, US, 2014-2-4 — /EPR Retail News/ — The data breach that struck our company spotlighted the sophistication of criminal hacker networks operating across the globe. We know the attack created significant concerns for millions of customers. We will learn from this incident and we will work to make Target, and the wider business community, more […]

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Target accelerates smart card technology implementation to dramatically reduce the threat of credit and debit card fraud

Minneapolis, MN, US, 2014-2-4 — /EPR Retail News/ — Target Chief Financial Officer John Mulligan, in testimony before the Senate Committee on the Judiciary in Washington, D.C., announced today that the company will be accelerating its implementation of smart card technology designed to dramatically reduce the threat of credit and debit card fraud among guests shopping in […]

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Russia’s largest retailer OJSC “Magnit” announced the results of its BOD meeting

Krasnodar, Russia, 2014-2-4 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, “Issuer”; MICEX and LSE: MGNT), is pleased to announce the results of the BOD meeting held on February 4, 2014. Please be informed that on February 4, 2014 the BOD meeting was held (minutes of the BOD meeting of OJSC “Magnit” are w/o […]

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Koninklijke Ahold N.V. repurchased 1,803,253 Ahold common shares for €22.32 million between 27 and 31 January 2014

Zaandam, the Netherlands, 2014-2-3 — /EPR Retail News/ — Ahold has repurchased 1,803,253 Ahold common shares in the period from January 27, 2014 up to and including January 31, 2014. The shares were repurchased at an average price of € 12.3775 per share for a total consideration of € 22.32 million. These repurchases were made as part […]

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Sainsbury’s Bank plc now wholly owned subsidiary of Sainsbury’s

London, UK, 2014-2-3 — /EPR Retail News/ — Following the announcement on 8 May 2013 that Sainsbury’s would acquire the remaining 50 per cent shareholding in Sainsbury’s Bank plc from Lloyds Banking Group, Sainsbury’s confirms that the transaction completed on 31 January 2014. Sainsbury’s Bank plc is now a wholly owned subsidiary of the Company and will […]

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Ingles Markets reported $945.1M net sales and $9.5M net income in first fiscal quarter ended December 28, 2013

Asheville, NC, US, 2014-2-3 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported net sales of $945.1 million for its first fiscal quarter ended December 28, 2013, 1.1% higher than last year’s first fiscal quarter. Net income totaled $9.5 million for the December 2013 quarter compared with net income of $11.6 million for the […]

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Wm Morrison Supermarkets plc updates on Welsh Language in Morrisons pharmacies and stores

Bradford, England, 2014-1-31 — /EPR Retail News/ — Following recent discussions around the use of the Welsh language in Morrisons pharmacies and stores, we would like to do what we can to help people who choose to use Welsh as their preferred language. We are therefore taking the following steps to enhance further the use of the […]

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Wm Morrison Supermarkets plc selects Sue Ryder as its next charity partner

Bradford, England, 2014-1-31 — /EPR Retail News/ — Morrisons colleagues have voted for Sue Ryder to be the retailer’s next charity partner. Sue Ryder won the nationwide colleague vote with 42% of the vote, beating Age UK and I CAN to secure a corporate partnership. Sue Ryder is one of the leading national charities providing care for […]

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John Lewis named ‘Official Department Store Provider’ of the Glasgow 2014 Commonwealth Games

London, UK, 2014-1-31 — /EPR Retail News/ — John Lewis has been unveiled as the ‘Official Department Store Provider’ of the Glasgow 2014 Commonwealth Games. The partnership will see the retailer provide bedding and white goods for the Athletes’ Village. Glasgow 2014 merchandise is also available to buy on johnlewis.com now, and, later in the year, […]

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Meijer completes the rollout of its food rescue program across the Midwest

All of retailer’s 204 stores able to support food rescue program by partnering with a local food bank Grand Rapids, MI, US, 2014-1-31 — /EPR Retail News/ — Meijer made significant strides in its hunger relief efforts last year, completing the rollout of its food rescue program across the Midwest. With the addition of eight food bank […]

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Albertsons to become exclusive grocery store home of Double R Ranch Beef in 32 stores in Idaho, Oregon, Nevada and Wyoming

Boise, ID, US, 2014-1-31 — /EPR Retail News/ — Albertsons and Agri Beef Co. are taking fresh to a whole new, sizzling, level. These two legendary Idaho companies have a reputation for freshness and quality that can only be earned from decades of satisfied customers. Beginning January 29, 2014, Albertsons will become the exclusive grocery store home […]

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BRC Global Standards to allow audit data sharing between suppliers with new changes to its BRC Global Standards Directory

London, UK, 2014-1-31 — /EPR Retail News/ — BRC Global Standards has announced that it has made a number of technical changes to the BRC Global Standards Directory to allow BRC certificated suppliers to share audit data with other BRC certificated suppliers. Until this announcement only retailers could be given access to the audit data. This new development means that […]

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British Retail Consortium director Tom Ironside comments on interchange fees

London, UK, 2014-1-31 — /EPR Retail News/ — Today, an adviser to Europe’s top court has backed long-term legal efforts to end the excessively high costs retailers pay banks to process card payments. Advocate General Paolo Mengozzi has advised that the court should “dismiss the main appeal” from Mastercard. Tom Ironside, British Retail Consortium Director of Business […]

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UK retail industry sets ambitious targets for reducing its impact on the environment

London, UK, 2014-1-31 — /EPR Retail News/ —  The UK retail industry is today (Wednesday) signing up to a range of ambitious targets for reducing its impact on the environment, having beaten the previous set across all areas. Commitments to be announced at today’s A Better Retailing Climate launch event include a collective pledge to reduce absolute carbon emissions […]

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IKEA raised $13.6 million for UNICEF and Save the Children projects

Thank You IKEA Customers and Co-workers! IKEA US Soft Toy Campaign Raised Over $1 million Conshohocken, PA, US, 2014-1-31 — /EPR Retail News/ — IKEA customers and co-workers have partnered with the IKEA Foundation on a $13.6 million (€10.1 million) gift for UNICEF and Save the Children projects to help realize every child’s right to a quality […]

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Target plans to open 140,000 square feet store in Kahului on the island of Maui in Hawaii

Store will employ approximately 200 new team members Minneapolis, MN, US, 2014-1-31 — /EPR Retail News/ — Target is pleased to announce plans to open a new store in the city of Kahului on the island of Maui in Hawaii, in March 2015. The store will be located on Hookele Street as part of the Pu‘unēnē Shopping […]

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Russia’s largest retailer Magnit to hold Board of Directors meeting on February 4, 2014

Krasnodar, Russia, 2014-1-31 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), is pleased to announce the holding of the Board of Directors meeting. On January 31, 2014 the Chairman of the Board of Directors made the decision to hold the BOD meeting on February 4, 2014 with the […]

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BESTSELLER-owner Anders Holch Povlsen invests in Danish online supermarket nemlig.com

Brande, Denmark, 2014-1-31 — /EPR Retail News/ — THROUGH AN INVESTMENT COMPANY, BESTSELLER-OWNER ANDERS HOLCH POVLSEN BUYS INTO THE DANISH ONLINE SUPERMARKET NEMLIG.COM. BELOW, ANDERS GIVES A FEW COMMENTS ON THE INVESTMENT. What are the reasons for investing in nemlig.com?  I believe that nemlig.com can be one of the very best online retailers of fast-moving consumer goods. […]

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Digital retailer Argos opened office in the heart of London

‘Digital Hub’ to open above Victoria store Opportunities for key roles to work in the growing Digital team Milton Keynes, UK, 2014-1-30 — /EPR Retail News/ — Digital retailer Argos has opened an office in the heart of London with a focus on creating more agile and flexible ways of working and attracting new talent into the […]

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John Lewis Partnership to review previously announced pension scheme

Bracknell, UK, 2014-1-30 — /EPR Retail News/ — In March 2013 the John Lewis Partnership announced that it would be reviewing the pension scheme to ensure that it remains both fair to Partners and affordable over the long term. Since then there have been extensive briefings and discussions with Partners and a draft proposal has now been […]

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S Group announced slightly over EUR 11.3 billion retail sales in 2013

S Group’s retail sales in 2013 amounted to slightly over EUR 11.3 billion. Comparable sales increased by more than one per cent year-on-year. Helsinki, Finland, 2014-1-30 — /EPR Retail News/ — According to Taavi Heikkilä, CEO of SOK, sales developed best in the grocery trade, where growth amounted to nearly 4 per cent. Poor development of the economy […]

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