Sobeys Inc. divests Price Chopper in Winnipeg to The North West Company

STELLARTON, NS, 2014-4-17 — /EPR Retail News/ — Sobeys Inc. today announced that a binding purchase and sale agreement has been entered into with The North West Company for its Price Chopper location in Winnipeg, MB. The sale is part of Sobeys’ October, 2013 Consent Agreement with the Competition Bureau related to its purchase of Canada […]

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CBRE Group’s 2014 Multi-Housing Annual Market Report released

Los Angeles, 2014-4-17 — /EPR Retail News/ — CBRE Group, Inc. has released its 2014 Multi-Housing Annual Market Report, which provides in-depth analysis of investment property market trends, the state of the debt and equity markets and a snapshot of multi-housing specialty products, including seniors, student, tax credit and manufactured housing. “U.S. multi-housing demand strengthened notably […]

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QVC to expand its European presence into France with the launch of new service scheduled for the second quarter of 2015

WEST CHESTER, Pa., 2014-4-17 — /EPR Retail News/ — QVC, the global leader in video and ecommerce retail, today announced plans to expand its European presence into France. With the launch of the new service scheduled for the second quarter of 2015, QVC will expand its global multimedia ecommerce business to seven operations reaching nine countries. “As […]

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Commissary Rewards Card offers Android app to access and clip digital coupons

FORT LEE, Va., 2014-4-17 — /EPR Retail News/ — Commissary Rewards Card users can now download an Android app to access and clip digital coupons. Available free from the Google Play Store, the Commissary Rewards Android app joins the previously released iPhone/iPad app, giving commissary shoppers access to their rewards card accounts through a vast array of […]

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Harris Teeter announces new yearly payment option in celebration of the company’s 150th Express Lane Online Shopping location

Matthews, N.C., 2014-4-17 — /EPR Retail News/ — Harris Teeter knows its customers lead busy lives, and the company is excited to announce a new yearly payment option in celebration of the company’s 150th Express Lane Online Shopping location which opened last week at the brand new Canton Crossing Harris Teeter in Baltimore, Md. Harris Teeter’s Express Lane […]

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NRF tells congressional panel the retail industry is committed to safeguarding and protecting consumer data

NRF Pursues Establishment of Retail Information Sharing and Analysis Center WASHINGTON, 2014-4-16 — /EPR Retail News/ — The National Retail Federation today told a congressional panel that the retail industry is committed to safeguarding and protecting consumer data and information from highly-motivated and sophisticated cybercriminals and hackers. “Retailers make significant investments every year in order to protect [consumer] […]

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BRC-KPMG ONLINE RETAIL SALES MONITOR MARCH 2014: UK Online sales of non-food products grew 12.8% in March vs last year

LONDON, 2014-4-16 — /EPR Retail News/ — Online sales of Non-Food products in the UK grew 12.8% in March versus a year earlier. In March 2013, they had increased by 6.2% over the previous year. In March, online sales represented 17.3% of total Non-Food sales of our Monitor, against 15.8% in March 2013. Furniture saw a decline, […]

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The BRC and Expense Reduction Analysts form partnership to deliver top level savings for retailers and manufacturers’ bottom lines

“The BRC and Expense Reduction Analysts launch partnership to deliver top level savings for retailers and manufacturers’ bottom lines.” London, UK, 2014-4-16 — /EPR Retail News/ — The BRC and Expense Reduction Analysts (ERA) have formed a partnership that will be extremely advantageous to many retailers and manufacturers. The BRC is particularly pleased to add the […]

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Willis, Faber Global, XL Group and BRC Global Standards launch product contamination insurance ‘Recall Shield’ for the food and beverages sector

‘Recall Shield’ to provide food and beverage companies with enhanced cover and additional benefits to encourage and reward higher standards London, UK, 2014-4-16 — /EPR Retail News/ — Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, today announces the launch of a new product contamination insurance proposition, in partnership with XL Group, […]

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Marissa Webb appointed Creative Director and EVP of Design at Banana Republic

Esteemed fashion designer brings fresh perspective to the brand’s legacy of Modern American Style SAN FRANCISCO, 2014-4-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that Banana Republic has named Marissa Webb as Creative Director and Executive Vice President of Design, effective April 28. She will be responsible for guiding the brand’s overall […]

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GAP Inc. outlined strategic initiative to achieve long-term, profitable growth across its brands portfolio at its annual investor meeting

Brand Presidents Highlighting Strategies to Drive Product Innovation and Strengthen Brand Value Propositions SAN FRANCISCO, 2014-4-16 — /EPR Retail News/ — As part of its annual investor meeting, Gap Inc. (NYSE: GPS) today is providing an overview of its strategic initiatives designed to achieve long-term, profitable growth across its portfolio of brands. The company also will […]

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Foodstuffs private label Pams recognised in the international Vertex Awards for its creative packaging designs

Waiheke, New Zealand, 2014-4-16 — /EPR Retail News/ — Pams flour packaging won the prestigious “Best in Show” award and took out Gold in Packaged Goods category, and was described by the judges as capturing “a sense of baking nostalgia with familiar baking icons and charming fabrics woven from another time of wisdom and practicality.” They felt […]

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Kimco Realty Corp. announced f $500 million public offering notes due 2021 at 3.20% per annum

NEW HYDE PARK, N.Y., 2014-4-16 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) yesterday announced its public offering of $500 million notes due 2021 at a coupon of 3.20% per annum with an effective yield of 3.232%, maturing May 1, 2021. The company intends to use the net proceeds of approximately $495.4 million from […]

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Kimco Realty won the Lighting Energy Efficiency in Parking campaign award for the largest absolute number of facility upgrades

Company recognized for the most parking facilities upgraded NEW HYDE PARK, N.Y., 2014-4-16 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, announced today that it has won the Lighting Energy Efficiency in Parking (LEEP) campaign award for the largest absolute number […]

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SM Prime Holdings, Inc. secured B+ Global Reporting Initiative application level rating in its sustainability reporting

Pasay City, Philippines, 2014-4-16 — /EPR Retail News/ —  SM Prime Holdings, Inc. (SM Prime) has secured a B+ Global Reporting Initiative (GRI) application level rating in its sustainability reporting, a recognition of its commitment to an integrated sustainable development by addressing economic, environmental, social and governance challenges of its stakeholders. From a C+ rating last […]

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ICSC and Goldman Sachs Weekly Chain Store Sales Index: retailers’ 1st week of April sales down by 0.3% but improved to 2.3% on YoY basis

NEW YORK, 2014-4-15 — /EPR Retail News/ — Warmer weather brought mixed results as some retail segments finally warmed up as others seemingly cooled down this past week. For the first fiscal week of April, retailers saw weekly sales decline slightly by 0.3%, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly […]

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QVC and Cosmetic Executive Women support Cancer and Careers through ‘Beauty with Benefits’ scheduled to air on April 17 at 8 PM (ET)

QVC and Cosmetic Executive Women Support Cancer and Careers Through Charitable Beauty Initiative WEST CHESTER, Pa., 2014-4-15 — /EPR Retail News/ — Two influential forces in the beauty industry are coming together once again to prove that a little makeup can make a big difference. “QVC and CEW Present Beauty with Benefits” is scheduled to air […]

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Kesko reported €794.3 million sales in March 2014, up 0.5%

Helsinki, Finland, 2014-4-15 — /EPR Retail News/ — Kesko Group’s sales, excluding VAT, in March 2014 totalled €794.3 million, up 0.5%. In Kesko’s food trade, sales in March were €358.6 million, a decrease of 6.6% compared to the previous year. The fact that Easter fell in March last year affected sales performance. In the home and speciality […]

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John Lewis announces panel of external mentors to advise and judge entrants to JLAB, the retailer’s first ever technology incubator

LONDON, 2014-4-15 — /EPR Retail News/ — John Lewis today announces the panel of external mentors who will advise and judge entrants to JLAB, the retailer’s first ever technology incubator. The team of external mentors headed up by technology entrepreneur Stuart Marks* are a highly successful and experienced mix of technology entrepreneurs and investors, including Luke […]

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Sainsbury’s research reveals kids’ perfect Easter starts with family at home

New survey by Sainsbury’s reveals kids’ perfect Easter starts with family at home More than half of parents feel they need to opt for potentially expensive days out over family fun at home Quality time with family ranks above going away on holiday and hanging out with friends for kids LONDON, 2014-4-15 — /EPR Retail […]

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Tesco owned brand for affordable fashion F&F announces its first franchise stores in the USA

Cheshunt, England, 2014-4-15 — /EPR Retail News/ — F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion. F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the east coast of America this year […]

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H&M Conscious Foundation donates to victims and families affected by the tragic Rana Plaza collapse almost one year ago

Stockholm, Sweden, 2014-4-14 — /EPR Retail News/ — Today (13 APR 2014 ) the H&M Conscious Foundation has decided to make a donation to the victims and the families affected by the tragic Rana Plaza collapse almost one year ago. H&M has never had any production in any of the factories situated in Rana Plaza, so the Foundation […]

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H&M next designer collaboration will be with New York based Fashion Designer Alexander Wang

Palm Springs, California, 2014-4-14 — /EPR Retail News/ — H&M announced yesterday during an event at the Coachella Music Festival, in Palm Springs, California, USA, that their next designer collaboration will be with Alexander Wang. This partnership marks the first time that an American designer teams up with H&M on the much anticipated designer collaboration. The New […]

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Sobeys research drives company’s commitment to get Canadians cooking for Food Revolution Day

STELLARTON, NS, 2014-4-14 — /EPR Retail News/ — Research released today by Sobeys Inc. has revealed a generation gap when it comes to food knowledge and confidence in cooking skills. Only 31 per cent of 18 to 29 year olds feel confident in the kitchen versus 48 per cent of those 50 and older. The national […]

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Ahold repurchased 380,435 Ahold common shares for € 5.40 million between April 7 and April 11, 2014

Zaandam, the Netherlands, 2014-4-14 — /EPR Retail News/ — Ahold has repurchased 380,435 Ahold common shares in the period from April 7, 2014 up to and including April 11, 2014. The shares were repurchased at an average price of € 14.1909 per share for a total consideration of € 5.40 million. These repurchases were made as […]

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National Retail Federation: Warmer spring weather spurred continued consumer spending and activity this March

Continued Optimism Expected with the Arrival of Easter & Tax Refunds WASHINGTON, 2014-4-14 — /EPR Retail News/ — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world’s largest retail trade association – March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted […]

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National Retail Federation to launch information-sharing platform for retail industry information security specialists

First Step in Establishment of Retail and Merchant Industry Information Sharing and Analysis Center for Cybersecurity WASHINGTON, 2014-4-14 — /EPR Retail News/ — The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in […]

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Gap Inc. to host meeting for the investment community on April 16, 2014 at its headquarters in San Francisco

SAN FRANCISCO, 2014-4-14 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that it will host a meeting for the investment community on Wednesday, April 16, 2014 at its headquarters in San Francisco. A live webcast of the presentations will take place from approximately 10:00 a.m. to 2:30 p.m. Pacific Time. The following Gap Inc. […]

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SM Investments Corporation won “2013 Global Chinese Business 1000” award by international affairs magazine Yazhou Zhoukan

Pasay City, Philippines, 2014-4-14 — /EPR Retail News/ — SM Investments Corporation (SM) was cited as a winner of the “2013 Global Chinese Business 1000” by international affairs magazine Yazhou Zhoukan. The Global Chinese Business 1000 Awards assess all listed Chinese corporations around the globe based on their market value and award pioneers with outstanding business operations. Founded in […]

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Vornado Realty Trust plans to spin off its shopping center business into new publicly traded REIT

NEW YORK, 2014-4-14 — /EPR Retail News/ — Vornado Realty Trust plans to spin off its shopping center business consisting of 81 strip centers and four malls into a new publicly traded REIT. The strip centers are primarily located in the densely populated Northeastern U.S. The malls consist of Bergen Town Center, in Paramus, N.J.; Monmouth Mall, […]

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