SM Investments Corporation to issue US Dollar Bonds with maturity of up to ten years

Manila, Philippines, 2014-6-4 — /EPR Retail News/ — SM Investments Corporation (SM) announced today that its Board of Directors approved the issuance of US Dollar Bonds with maturity of up to ten years. SM appointed Citi and Standard Chartered Bank as Joint Lead Managers and Joint Bookrunners. The offering is intended to be used for general corporate […]

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DeCA named Mildred Ives its new chief technology officer

FORT LEE, Va., 2014-6-4 — /EPR Retail News/ —  Mildred Ives has been named DeCA’s new chief technology officer, effective May 19. She fills the position previously occupied by Jeff Perry, who is now the agency’s chief information officer. He had been CTO since 2011 and continued acting in that position until Ives’ selection. As chief technology officer, […]

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Famous British department store House of Fraser joins Tesco direct

Famous British department store joins the newly launched ‘Tesco Partners’ For the first time, customers can earn Clubcard points on every purchase Over 50 Tesco Partners now available on Tesco direct Cheshunt, England, 2014-6-3 — /EPR Retail News/ — For the first time, Tesco customers will be able to earn Clubcard points on House of Fraser homeware products […]

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Walmart to host 14,000 shareholders at its annual Shareholders meeting in Bentonville

BENTONVILLE, Ark., 2014-6-3 — /EPR Retail News/ — This week, Walmart will host 14,000 shareholders, including thousands of associates from 27 countries, at its annual Shareholders meeting in Bentonville. This year’s Shareholders theme is serving customers through innovation. “This is a special week at Walmart. We celebrate and thank our 2.2 million associates from around the globe […]

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Walgreens launches nationwide program offering talking prescription devices to customers with visual impairments

Initiative adds to Walgreens other accessible prescription information services; leadership of blindness organizations praise company’s program DEERFIELD, Ill., 2014-6-3 — /EPR Retail News/ — Walgreens, the nation’s largest drugstore chain (NYSE: WAG) (Nasdaq: WAG), today announced the launch of a nationwide program offering talking prescription devices to customers with visual impairments. The initiative introduces a new service that […]

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Argos launches new home and furniture brand ‘Heart of House’ as part of its drive to develop and grow its own-brand business

Milton Keynes, UK, 2014-6-3 — /EPR Retail News/ — Argos is launching a new home and furniture brand designed to respond to modern living as part of its drive to significantly develop and grow its own-brand business. The new brand – ‘Heart of House’ – will be available to  customers this summer with a choice of 1,200 products […]

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John Lewis to open its first ever airport shop at Heathrow Terminal 2: The Queen’s Terminal

LONDON, 2014-6-3 — /EPR Retail News/ — 5.30am tomorrow morning, John Lewis will open its first ever airport shop at Heathrow Terminal 2: The Queen’s Terminal. Doors will open as the first passengers en route to Washington travel through the newly refurbished Terminal. The 3,600 sq ft shop, the largest space allocated to a fashion-led brand, is located […]

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IKEA launched its first global “Life at Home Report” aimed at improving life at home

New York is One of Eight Cities Studied for Insights on How People Start Their Days CONSHOHOCKEN, Pa. 2014-6-3 — /EPR Retail News/ — IKEA, the Life Improvement Store, is today launching its first global Life at Home Report, aiming to improve life at home through a better understanding of how the start of the day impacts […]

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Delhaize Group divests Sweetbay, Harveys and Reid’s operations to Bi-Lo Holdings for $246 million

BRUSSELS, Belgium, 2014-6-2 — /EPR Retail News/ — Delhaize Group (Euronext Brussels: DELB, NYSE: DEG) announces today that it has completed the divestment of the Sweetbay, Harveys and Reid´s operations to Bi-Lo Holdings for a cash amount of $246 million, subject to customary post-closing adjustments. Delhaize Group also completed, in a separate transaction, the sale of its distribution center […]

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Neringa Janavičiūtė named new head of MAXIMA GRUPĖ

Vilnius, Lithuania, 2014-6-2 — /EPR Retail News/ — As of June 3, MAXIMA GRUPĖ, running the retail companies in Lithuania, Latvia, Estonia, Poland, and Bulgaria, will have a new leader. The Company will be headed by the long-standing employee Neringa Janavičiūtė. She will replace the current Director General Mindaugas Bagdonavičius, who has held the position since 2008. In April […]

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Ski and outdoor retailer Ekosport to upgrade to Intershop 7 to power its international online shop

Leading ski and outdoor retailer to upgrade online shop across 15 countries Intershop confirms growth plans for French market Jena, Germany / Paris, France, 2014-6-2 — /EPR Retail News/ — The Leading ski and outdoor specialist Ekosport has chosen Intershop’s omni-channel commerce platform Intershop 7 to power its international online shop. The sports retailer, based in France, […]

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BRC survey reveals customers using less cash than ever as retailers make it easier and more convenient to shop and pay

LONDON, 2014-6-2 — /EPR Retail News/ — Customers are using less cash than ever as retailers make it easier and more convenient to shop and pay. New data reveals that a growing proportion of smaller payments previously made in cash are now being made in other ways. The availability of contactless cards, handy express stores and self-service […]

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General Growth Properties CEO Sandeep Mathrani and CFO Michael Berman to present at NAREIT REITWeek 2014 investor conference on June 4

Chicago, Illinois, 2014-6-2 — /EPR Retail News/ — General Growth Properties, Inc. (the “Company”) (NYSE: GGP) today announced that Sandeep Mathrani, chief executive officer, and Michael Berman, chief financial officer, will present at the NAREIT REITWeek 2014 investor conference in New York on Wednesday, June 4, 2014 at 3:00 p.m. Eastern Time. The live audio-­only webcast will […]

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Kimco management to present in the REITWeek 2014 NAREIT’s Investor Forum on June 3, 2014

NEW HYDE PARK, New York, 2014-6-2 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced today that its management will participate in the REITWeek 2014 NAREIT’s Investor Forum on Tuesday, June 3, 2014 in New York. Kimco management will provide a general overview of the company followed by a question and answer session. The webcast […]

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Toys“R”Us, Inc. supports nonprofit organization dedicated to finding childhood cancer cure Alex’s Lemonade Stand Foundation

Company Renews Commitment to Help Fight Pediatric Cancer with Nationwide Fundraising and Awareness Program, In-Store Events and User-Generated Social Media Initiative Wayne, NJ, 2014-6-2 — /EPR Retail News/ — Toys“R”Us, Inc. today announced it has reaffirmed its support of Alex’s Lemonade Stand Foundation (ALSF), a nonprofit organization dedicated to finding a cure for childhood cancer. Beginning this Sunday, June 1 […]

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Apple® to acquire subscription streaming music service Beats Music, and Beats Electronics for $3 billion

CUPERTINO, California, 2014-6-2 — /EPR Retail News/ — Apple® today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, speakers and audio software. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple is acquiring the two […]

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Wincor Nixdorf launches new version of its global software platform TP.net 5.5

Paderborn, Germany, 2014-6-2 — /EPR Retail News/ — Retail software needs to integrate the online and offline worlds and meet all the requirements of functionality, architecture and international orientation of retail companies. This is because today’s consumers interact with a retail company via various touchpoints, for example, they gather information online but make their purchases in stores – […]

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Tesco forms Joint Venture with China Resources Enterprise Limited to create the leading multi-format retailer in China

Cheshunt, England, 2014-5-30 — /EPR Retail News/ — Following its previous announcement and subsequent confirmation of the satisfaction of all conditions, Tesco has completed the formation of a Joint Venture with China Resources Enterprise, Limited (“CRE”) to create the leading multi-format retailer in China (the “Joint Venture” or “JV”). The JV combines Tesco’s best-in-class retail practices, international sourcing […]

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Belk, Inc. announces operating results for fiscal first quarter ended May 3, 2014

Online sales grow 42 percent Company repurchases $94.3 million in stock CHARLOTTE, N.C., 2014-5-30 — /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for its fiscal first quarter ended May 3, 2014. Tim Belk, chairman and chief executive officer of Belk, Inc., said, “First […]

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IKEA in Merriam to install largest rooftop solar array in Kansas before the store’s opening in Fall 2014

MERRIAM, KS, 2014-5-30 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced solar energy plans for its Kansas City-area store opening Fall 2014 in Merriam, KS. Pending permits, rooftop panel installation will begin next month, with completion before the store’s opening, making the project the largest rooftop solar array in the State […]

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Sigma: Amcal Pharmacy honored with Canstar Blue Most Satisfied Customers Award – Pharmacy for 2014

Victoria, Australia, 2014-5-30 — /EPR Retail News/ — Amcal Pharmacy has won the prestigious Canstar Blue Most Satisfied Customers Award – Pharmacy for 2014, ahead of other well-known pharmacy brands. “We are extremely pleased to receive the Canstar Blue award on behalf of our Amcal pharmacies this year. Amcal pharmacists pride themselves on providing expert advice for […]

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General Growth Properties, Inc. released its 2014 Sustainability Report

Chicago, Illinois, 2014-5-30 — /EPR Retail News/ — General Growth Properties, Inc. (“GGP”) (NYSE: GGP) today released its 2014 Sustainability Report. The report covers many of GGP’s significant achievements in Sustainability during the pastcalendar year and details GGP’s integrated approach to environmental and social responsibility. Click here for the 2014 GGP Sustainability Report. Highlights of the 2014 GGP […]

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ICSC and Goldman Sachs Weekly Chain Store Sales Index: Retail sales slipped by 1.2% for the week ending May 24, 2014

NEW YORK, 2014-5-28 — /EPR Retail News/ — A combination of one-off factors, adverse weather and consumers’ willingness to travel over this past Memorial Day weekend, led to the decline in weekly sales. As a result retail sales slipped by 1.2% for the week ending May 24, 2014, according to the International Council of Shopping Centers […]

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Babies“R”Us® and Disney Baby partner to bring more options to expecting parents through combined offerings of products and services

Two of the Biggest Names in Baby Products Join Forces to Bring More Options to Parents Through Babies“R”Us Registry and Disney Baby Offerings WAYNE, NJ, 2014-5-28 — /EPR Retail News/ — Babies“R”Us®, the nation’s leading dedicated baby products retailer, and Disney, with its Disney Baby brand, are teaming up to bring more options to new and expecting […]

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Target forms Digital Advisory Council to accelerate its digital transformation

Company also hiring additional engineers for Target.com and Mobile product teams — all part of digital transformation MINNEAPOLIS, 2014-5-28 — /EPR Retail News/ — Target Corp. (NYSE: TGT) announced it has formed a Digital Advisory Council, as part of its efforts to accelerate its digital transformation. The panel of technology industry leaders will help guide Target’s omnichannel […]

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CBRE’s global corporate headquarters honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards

Los Angeles, CA, 2014-5-28 — /EPR Retail News/ — CBRE’s global corporate headquarters in Downtown Los Angeles was honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards. CBRE and Gensler, its architectural partner on the project, received the Work Medium award which recognizes the best office projects between 20,000 and 50,000 square […]

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CBRE’s “How Global is the Business of Retail?” report: Paris is the world’s hottest global retail market with 50 new brands attracted last year

Global Retailers Focus on More Mature Markets – – U.S. Retailers Dominate Cross-Border Expansion – – Luxury Brands Account for a Quarter of New Market Entrants Globally Los Angeles, 2014-5-28 — /EPR Retail News/ — Paris is the world’s hottest global retail market attracting 50 new brands last year, while France is ranked as the […]

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Carrefour partner and franchisee Label’Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

PARIS, 2014-5-28 — /EPR Retail News/ — Label’Vie, a Carrefour partner and franchisee, is opening its fortieth supermarket and fourth hypermarket under the Carrefour brand in Morocco.> On 8 May, Morocco’s fortieth Carrefour Market supermarket opened its doors in Marrakesh.The ‘Carré Eden’ Carrefour Market has a sales area of 1,900 sq. m. and is located […]

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Kesko Corporation appoints Mikko Helander new Managing Director

Mikko Helander to be Kesko Corporation’s new Managing Director Helsinki, Finland,  2014-5-28 — /EPR Retail News/ — Kesko Corporation’s Board of Directors has appointed Mikko Helander, M.Sc. (Tech.), as Kesko Corporation’s Managing Director and Kesko Group’s President and Chief Executive Officer as from 1 January 2015. Mikko Helander (b. 1960) will join Kesko as Kesko Corporation’s Deputy Managing […]

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John Lewis reveals five startups who made it to the final stage of its JLAB technology incubator

LONDON, 2014-5-28 — /EPR Retail News/ — John Lewis today reveals the five startup businesses who have made it to the final stage of JLAB, the retailer’s first-ever technology business incubator. From 3D room planners and in-store digital engagement to wireless sound systems and smart labels for after-sales care, the five finalists represent a range of innovative ideas […]

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