Harris Teeter announced opening of its Wards Corner store in Norfolk, VA

Company to Celebrate Grand Opening with Ribbon Cutting Ceremony Matthews, NC, US, 2014-2-6 — /EPR Retail News/ — Harris Teeter is proud to welcome shoppers to its Wards Corner store on Wednesday, Feb. 19, 2014 and is celebrating the grand opening with a ribbon cutting ceremony at 8 a.m. on that day.  This location is Harris Teeter’s […]

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NRF’s senior VP for Government Relations David French comments on NLRB decision to reissue its ambush election rule

National Retail Federation Prepares its Objections Washington, DC, US, 2014-2-5 — /EPR Retail News/ — The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French on the National Labor Relations Board decision to reissue its ambush election rule: “The National Labor Relations Board has issued its ‘new’ ambush election rule that seeks to limit […]

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BRC-NIELSEN SHOP PRICE INDEX JANUARY 2014: Overall shop prices reported deflation for ninth consecutive month

London, UK, 2014-2-5 — /EPR Retail News/ — Overall shop prices reported deflation for the ninth consecutive month in January, accelerating to 1.0% from 0.8% in December. This is the deepest level of deflation since the series began in December 2006. Food inflation slowed to 1.5% from 1.7% in December. Non-food reported annual deflation of 2.7% in […]

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J. C. Penney Company, Inc released preliminary update on its sales performance during the holiday

Plano, Texas, 2014-2-5 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”) today provided a preliminary update on its sales performance during the holiday and fiscal fourth quarter periods. For the combined, nine-week November and December period, the Company reported comparable store sales growth of 3.1 percent over the same period last […]

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Tesco signed two year contract with over 200 British lamb farmers as part of its commitment to British agriculture

Cheshunt, England, 2014-2-5 — /EPR Retail News/ — More than 200 British lamb farmers have entered into direct, two year contracts with Tesco, as part of its long-term commitment to British agriculture, the retailer announced today. The contracts represent the first time a major UK retailer has offered formal, two year direct contracts with lamb producers. The […]

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Immochan France implements new ethics charter to be appended for all partners operating in French shopping centres

Immochan France is implementing an ethics charter applicable all its partners.Under its CSR policy, Immochan is finalising an ethics charter applicable to all its partners and suppliers that will define the conditions for relations with them. Croix, France, 2014-2-5 — /EPR Retail News/ — The charter applies from 1 January 2014 and will be appended for all […]

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Germany based Intershop plans to release the first forecasting software for online commerce in late 2014

The system-independent SaaS solution SIMCOMMERCE is set to be released in late 2014 The first tool tailored specifically to online commerce for new technologies big data and predictive analytics Software shortens the decision-making process while minimizing risks and costs Jena, Germany, 2014-2-5 — /EPR Retail News/ — Intershop, one of the world’s leading providers of integrated omni-channel […]

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BRC-Google online retail monitor Q4 2013: serious increase in searches for UK retailers from key export markets

London, UK, 2014-2-4 — /EPR Retail News/ — Double and triple digit rises in searches for UK retailers from key export markets. Helen Dickinson, Director General, British Retail Consortium, said: “The UK is the world’s second biggest online retail exporter, beaten only by the USA. These new BRC-Google figures show UK retailers are investing heavily in international […]

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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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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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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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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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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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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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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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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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Rite Aid reports same store sales for January 2014 increased 1.8 percent over the prior-year period

Camp Hill, PA, US, 2014-1-30 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for January. Monthly Sales For the four weeks ended Jan. 25, 2014, same store sales increased 1.8 percent over the prior-year period. January front-end same store sales decreased 1.3 percent, of which 1.4 percent was attributable to a […]

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