PHILIPPINES: SM Prime announces a recurring net income growth of 14% in 2016 vs. previous year

Pasay City, Philippines, 2017-Feb-22 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP 23.8 billion from PHP 20.9 billion last year. Consolidated revenues grew 12% to PHP 79.8 billion in 2016 from PHP 71.5 billion in […]

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Mall Owners Look for Sales Data Capture at POS to Bridge Rental Loss

Chennai, India, 2017-Feb-16 — /EPR Retail News/ —  As commercial real estate growth remains sober in cities across India leading to high vacancy levels in Malls, space owners these days adopt new strategy to bring tenants to cover rental revenue loss. As per the new trend, retailers agree to pay less monthly rental but part […]

3,614 total views, 47 views today

British Land starts £23 million enhancement programme at New Mersey, Speke

British Land starts £23 million enhancement programme at New Mersey, Speke   London, 2017-Feb-15 — /EPR Retail News/ — British Land and Hercules Unit Trust (HUT) have started construction of a £23 million leisure extension at New Mersey, Speke. British Land is doubling the amount of food and drink across its retail portfolio over the next […]

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SM Aura Premier the first and sole mall in the Philippines to achieve LEED Gold certification

SM Aura Premier the first and sole mall in the Philippines to achieve LEED Gold certification   Pasay City, Philippines, 2017-Feb-10 — /EPR Retail News/ — SM Aura Premier is currently the first and sole mall in the Philippines to achieve LEED Gold in the retail sector and the largest LEED retail project in the Philippines […]

9,919 total views, 13 views today

Equity One, Inc. to announce its 2016 fourth quarter earnings on Tuesday, February 28, 2017

New York, NY, 2017-Jan-19 — /EPR Retail News/ — Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today ( January 17, 2017 ) that it will release its 2016 fourth quarter earnings on Tuesday, February 28, 2017 after the market close. ABOUT EQUITY ONE, INC. As of September 30, 2016, the […]

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SM Prime Holdings recognized as one of the 2016 Top Ten Successful ASEAN Countries Entering China

SM Prime Holdings recognized as one of the 2016 Top Ten Successful ASEAN Countries Entering China   Pasay City, Philippines, 2017-Jan-19 — /EPR Retail News/ — The year 2016 proved to be an auspicious one for Philippine brand SM Prime Holdings Co. Ltd. (SMPH), operator of SM Supermalls, which led to a recognition as one […]

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PREIT announces its proactive efforts to replace Sears stores in Capital City, Magnolia and Woodland Malls

PHILADELPHIA, 2017-Jan-05 — /EPR Retail News/ — PREIT (NYSE: PEI) released comments today (Jan. 4, 2017) on its proactive effort to replace Sears and the anticipated closures of three stores in its portfolio in 2017 (Capital City, Magnolia and Woodland Malls): “These store recaptures are an opportunity to continue to enhance the shopper experience, drive […]

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SM Vice Chairperson Teresita Sy-Coson honored with the Man of the Year award from the Management Association of the Philippines

SM Vice Chairperson Teresita Sy-Coson honored with the Man of the Year award from the Management Association of the Philippines   Pasay City, Philippines, 2016-Dec-13 — /EPR Retail News/ — Ms. Teresita Sy-Coson received this year the prestigious Man of the Year award from the Management Association of the Philippines (MAP), the same great honor bestowed […]

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FINLAND: Iso Omena shopping centre to complete extension and redevelopment in April 2017

FINLAND: Iso Omena shopping centre to complete extension and redevelopment in April 2017   Helsinki, 2016-Dec-13 — /EPR Retail News/ — Iso Omena is becoming a top leisure and entertainment centre in the Helsinki metropolitan area, reflecting Citycon’s strategic focus to combine everyday services and entertainment activities. Citycon’s extension and (re)development project at the Iso Omena […]

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SM founding Chairman Henry Sy, Sr. honored with Lifetime Achievement Award by Enterprise Asia

SM founding Chairman Henry Sy, Sr. honored with Lifetime Achievement Award by Enterprise Asia   Pasay City, Philippines, 2016-Dec-12 — /EPR Retail News/ — Enterprise Asia, a non-governmental organization based in Malaysia which organizes the world-class Asia Pacific Entrepreneurship Awards (APEA) recently honored retail pioneer Henry Sy, Sr. with a Lifetime Achievement Award on December 1, […]

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Lloyd Center invites families touched by ASD on November 20 to celebrate “Sensory Santa” Photo Event

Lloyd Center to Host ‘Sensory Santa’ Holiday Photo Event for Children with Autism Portland, OR, 2016-Nov-19 — /EPR Retail News/ — Considering approximately three to six children out of every 1,000 have been diagnosed with Autism Spectrum Disorder (ASD), it can be difficult for families of children with autism to enjoy some of the holiday celebrations and […]

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Lloyd Center re-opens the newly remodeled Lloyd Center Ice

LLOYD CENTER TO CONDUCT GRAND REOPENING OF ICE RINK PORTLAND, Ore., 2016-Nov-19 — /EPR Retail News/ — Lloyd Center is hosting a ribbon cutting ceremony to re-open the newly remodeled Lloyd Center Ice. Lloyd Center Ice has been under construction for approximately one year, and is almost ready to be unveiled to Portland! This famous ice […]

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SM Investments Corporation reports consolidated net income growth of 11% for the first nine months of the year

Pasay City, Philippines, 2016-Nov-09 — /EPR Retail News/ — SM Investments Corporation (SM) reported an 11% growth in its consolidated net income to PHP22.0 billion for the first nine months of the year. Recurring net income, net of one-time items, grew 9%.  Consolidated revenues grew 9% to PHP252.4 billion for the period from PHP230.8 billion. “Our […]

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SM Prime Holdings announces its consolidated net income for third quarter of 2016

Pasay City, Philippines, 2016-Nov-08 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a consolidated net income growth of 15% to PHP4.9 billion in third quarter of 2016 from PHP4.2 billion in the same period last year. Overall revenues in the third quarter also went up by […]

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Lulu Group International inaugurates its food processing and logistics bases in USA

Abu Dhabi, UAE, 2016-Nov-07 — /EPR Retail News/ — Lyndhurst, New Jersey: Lulu Group International, the Abu Dhabi headquartered retail and hospitality group further expanded their operations by inaugurating their food processing and logistics bases in USA. Y International, a wholly owned subsidiary of the group launched its operation in Lyndhurst, New Jersey this morning (11/05/2016). The […]

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LuLu Group International announces plan to develop malls in Umm Al Quwain, Sharjah and Dubai

Abu Dhabi, UAE, 2016-Nov-07 — /EPR Retail News/ — LuLu Group International has announced its biggest ever investment in the UAE with a 2 billion Dh plan to develop three malls in Umm Al Quwain, Sharjah and Dubai in the next two years. The mall development and management division of LuLu Group, Line Investments & Property […]

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British Land announces Next and M&S Foodhall at Serpentine Green, Peterborough extension

British Land announces Next and M&S Foodhall at Serpentine Green, Peterborough extension   London, 2016-Nov-02 — /EPR Retail News/ — British Land is pleased to announce two lettings at Serpentine Green, Peterborough totalling 22,000 sq ft as part of a £7 million extension that commenced this month. The extension will deliver three new units totalling 25,000 […]

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CityOn.Zhengzhou shopping center: Taubman Asia announces its second China project to open in March 16, 2017

CityOn.Zhengzhou to bring a fresh, contemporary shopping experience to Central China Zhengzhou, 2016-Nov-02 — /EPR Retail News/ —Taubman Asia, a subsidiary of Taubman Centers, Inc. (NYSE: TCO) and Wangfujing Group Co., Ltd (Shanghai Stock Exchange: 600859), today announced a strong collection of contemporary retailers set to open at CityOn.Zhengzhou in Henan province, Central China. When […]

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PREIT brings fashion retailer Zara to Cherry Hill Mall, Philadelphia

PHILADELPHIA, 2016-Nov-02 — /EPR Retail News/ — PREIT (NYSE: PEI) today (Nov. 1, 2016) announced a newly executed lease with Zara, one of the largest international fashion retailers, at Cherry Hill Mall. This is a first-to-portfolio retailer for PREIT and Zara’s first location in suburban Philadelphia. Zara will occupy approximately 26,000 square feet of space […]

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Shopping centre Iso Omena to build the largest solar power plant realised in a Finnish retail property

Shopping centre Iso Omena to build the largest solar power plant realised in a Finnish retail property   Helsinki,  Finland, 2016-Oct-31 — /EPR Retail News/ — Shopping centre Iso Omena plans to build a large solar power system. When complete, this will be the largest solar power plant realised in a Finnish retail property. To be […]

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Taubman Centers, Inc. replies to Land & Buildings Investment Management, LLC

BLOOMFIELD HILLS, Mich., 2016-Oct-21 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today issued the following statement in response to the materials issued by Land & Buildings Investment Management, LLC: Taubman Centers values the strong relationships we have with our shareholders and welcomes open and constructive dialogue toward the goal of enhancing long-term value. […]

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ICSC Global Awards for 2016 honored SM Supermalls with four major awards

ICSC Global Awards for 2016 honored SM Supermalls with four major awards   Pasay City, Philippines, 2016-Oct-13 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) awarded SM Supermalls with four major awards – one Gold, three Silvers, and one Certificate of Merit from the ICSC Foundation – under different categories from the […]

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Carrefour teams up with three new app partner start-ups to do away with queueing at the checkouts

Boulogne-Billancourt, FRANCE, 2016-Oct-08 — /EPR Retail News/ — Carrefour is revolutionising the checkout experience. This innovative service developed in partnership with a selection of partner start-up companies is designed to do away with queueing at the checkouts with the help of 3 smartphone apps. The aim is to improve the customer experience and get people moving […]

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Carrefour’s first hackathon: leveraging data to enhance the customer experience

Boulogne-Billancourt, FRANCE, 2016-Oct-04 — /EPR Retail News/ — The idea behind it was to come up with new solutions for enhancing the customer experience and leverage data to predict new trends. The teams selected get to join an incubator for 10 weeks and are given the opportunity to transform their prototypes into tangible concepts. Data professionals […]

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Lenta announces the opening of its tenth and eleventh hypermarket in Moscow

St. Petersburg, Russia, 2016-Oct-04 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its tenth and eleventh hypermarkets in Moscow. The larger new store is a Lenta compact hypermarket format located at 111 A Borisovo, Serpukhov district. The store has a […]

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Entirely redesigned City store on Avenue de Malakoff reopens

Entirely redesigned City store on Avenue de Malakoff reopens   Paris, 2016-Oct-03 — /EPR Retail News/ — The City store on Avenue de Malakoff (Paris, 16th arrondissement) reopened its doors on 31 August. This urban, friendly store, firmly rooted in its local environment, has been entirely redesigned, offering consumers practical and digital services. A new […]

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Carrefour Property announces the opening of FAN Mallorca Shopping center in the Balearic Islands

Carrefour Property announces the opening of FAN Mallorca Shopping center in the Balearic Islands   Spain, 2016-Sep-30 — /EPR Retail News/ — The biggest commercial and leisure offer in the Balearic Islands. FAN Mallorca Shopping is  a new open air shopping center in Mallorca and aims to become the reference leisure, shopping and catering complex of […]

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SM Supermalls wins Brand of the Year Award, National Tier 2016-2017 at the World Branding Awards ceremonies in London

SM Supermalls wins Brand of the Year Award, National Tier 2016-2017 at the World Branding Awards ceremonies in London   Pasay City, Philippines, 2016-Sep-23 — /EPR Retail News/ — Another Filipino brand has made it to the global stage. This year, SM Supermalls was given the prestigious Brand of the Year Award under the National Tier […]

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CAPREF to give face lift to Burbank Town Center

Dallas, TX, 2016-Sep-20 — /EPR Retail News/ — The owner of the Burbank Town Center has been making minor renovations to the interior of the retail center to revitalize the facility, but soon CAPREF Manager LLC will be giving it a face-lift on its Magnolia Boulevard side. The Burbank City Council unanimously approved on Tuesday use […]

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PREIT announces the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA

PREIT announces the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA   PHILADELPHIA, 2016-Sep-16 — /EPR Retail News/ — PREIT (NYSE: PEI) today (Sept. 15, 2016) announced the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA. The luxury-value retailer occupies 30,000 […]

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