Philippines: SM Cinema unveiled Director’s Club Cinema and IMAX Theatre in the newest expansion of SM Megamall in Ortigas – the Mega Fashion Hall

Manila, Philippines, 2014-2-10 — /EPR Retail News/ — SM Cinema, the largest cinema exhibitor in the country to date, unveiled a Director’s Club Cinema and an IMAX Theatre in the newest expansion of SM Megamall in Ortigas—the Mega Fashion Hall—last January 26, 2014. The Mega Fashion Hall—a high-end wing which will house trendy, global brands from food […]

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Kesko Corporation: 85,067 new company B shares subscribed for with Kesko’s 2007C options

Helsinki, Finland, 2014-2-10 — /EPR Retail News/ — By 24 January 2014, a total of 85,067 new company B shares had been subscribed for with the 2007C options based on Kesko Corporation’s 2007 option scheme. The subscribed shares have today been entered in the Trade Register. The whole subscription price of €1,041,220.08 is recorded in the company’s […]

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Russia’s largest retailer OJSC “Magnit” announces 25.22% retail sales growth in January 2014

Krasnodar, Russia, 2014-2-10 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces 25.22% retail sales growth in rubles for January 2014. During January 2014 the Company opened (net) 36 stores. The total store base reached 8,129 stores (7,234 convenience stores, 161 hypermarkets, 46 “Magnit Family” stores and 688 cosmetics stores). […]

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Russia’s largest retailer Magnit opens the 47th “Magnit Family” store

Krasnodar, Russia, 2014-2-10 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 47th “Magnit Family” store. Please be informed that on February 8, 2014 the Company has opened its 47th “Magnit Family” store located at 62, Sovetskaya street, Bugulma, Republic of Tatarstan, Volga federal district. […]

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National Retail Federation issues statement on the January jobs report

Washington, DC, US, 2014-2-7 — /EPR Retail News/ — The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the January jobs report: “While it is always positive to see an increase in private sector hiring and a decrease in unemployment, it is alarming that employment can’t shift into a higher […]

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Ahold USA’s Giant Carlisle Division president Rick Herring to retire

Carlisle, PA, US, 2014-2-7 — /EPR Retail News/ — Ahold USA today announced that Rick Herring, president of the Giant Carlisle Division, has made the decision to retire, effective February 14, 2014. Herring has had a successful career at Ahold companies for nearly 25 years and has made many contributions to the Ahold organization. Ahold USA […]

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JCPenney names developers for the development of the vacant land around its Plano, Texas home office

Plano, TX, US, 2014-2-7 — /EPR Retail News/ — JCPenney announced today that it has entered into a new partnership to develop the vacant land around its Plano, Texas home office in the Legacy Business Park. The new partnership will be managed by Team Legacy, a venture of the Karahan Companies, Columbus Realty, and KDC. The new […]

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Denis Hennequin and Keith Williams appointed to the Board of John Lewis Partnership plc as non-executive directors

London, UK, 2014-2-7 — /EPR Retail News/ — The John Lewis Partnership announces that Denis Hennequin and Keith Williams are to join the Board of John Lewis Partnership plc on 1 March 2014 as non-executive directors. The Partnership announced on 26 July 2013 that David Barclay, formerly the Partnership’s Deputy Chairman, would be retiring as a non-executive […]

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Grand Rapids Community Foundation to award two Fred & Lena Meijer scholarships to Meijer team members and their children

Grand Rapids, MI, US, 2014-2-7 — /EPR Retail News/ — For the third consecutive year, Meijer team members and their children will have a chance to receive up to $10,000 to further their college education with the Fred & Lena Meijer Scholarship, a competitive scholarship administered by Grand Rapids Community Foundation. “Our dad always believed that continued […]

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Price Chopper, QuickCare and Ellis Medicine open in-store health center in Price Chopper’s Market Bistro in Latham

Latham, NY, US, 2014-2-7 — /EPR Retail News/ — Price Chopper, QuickCare and Ellis Medicine celebrated the grand opening of the QuickCare center in Price Chopper’s Market Bistro in Latham today, welcoming shoppers and local residents to the convenient, in-store health center. The three organizations created this innovative and first-of-its-kind in the Capital Region partnership to offer residents access […]

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Darty plc progresses further with its ‘4Ds’ plan to Drive trading, Digitalise Darty, Develop the brand and Deliver cost efficiency

Strong peak trading and good progress in delivering our ‘Nouvelle Confiance’ strategic plan  London, UK, 2014-2-7 — /EPR Retail News/ — Darty plc today announces an Interim Management Statement for the period from 1 November 2013 to date. Financial information is for the third quarter period from 1 November 2013 to 31 January 2014, based on unaudited management […]

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Russia’s largest retailer Magnit opens new distribution center in Voronezh

Krasnodar, Russia, 2014-2-7 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces the opening of a new distribution center in Voronezh. Please be informed that the Company has opened a new distribution center (DC) in Voronezh. Total space of the warehouse is about 40 thousand sq. m. Launch of the new […]

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Intershop Communications named one of Germany’s best employers according news magazine Focus

Jena, Germany, 2014-2-6 — /EPR Retail News/ — Intershop Communications AG, the leading independent technology provider for omni-channel commerce solutions, ranks among Germany’s best employers. This was one of the findings of a study by the news magazine Focus in cooperation with Xing, the leading professional network in the German-speaking countries, andkununu, the largest German-language employer rating portal. In a […]

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Harris Teeter to donate to Carrboro High School as part of its Together in Education (TIE) $100,000 Giveaway

Matthews, NC, US, 2014-2-6 — /EPR Retail News/ — Store Director to Present Check to Carrboro High School PTSA Date:            Thursday, Feb. 6, 2014 Time:            8 a.m. Location:     Carrboro High School 201 Rock Haven Rd. Carrboro, N.C.  27510 Live shots are welcomed! Thursday, Feb. 6, 2014, Harris Teeter Store Director Stephen Roberts will […]

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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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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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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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