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Management

Kesko ranked 31st on the Global 100 Most Sustainable Corporations in the World list; the only Finnish company included in the list every year

Helsinki, Finland, 2018-Jan-25 — /EPR Retail News/ — Kesko has been ranked 31st on the Global 100 Most Sustainable Corporations in the World list, and as the most sustainable trading sector company in the world. Kesko is the only Finnish company to be included in the list every year since it was established in 2005. “We at the…

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Lowe’s to hire more than 53,000 employees across its U.S. stores

Lowe’s to hire more than 53,000 employees across its U.S. stores Mooresville, North Carolina, 2018-Jan-25 — /EPR Retail News/ — In preparation for home improvement’s busiest season, Lowe’s Companies, Inc. (NYSE: LOW) is hiring more than 53,000 full-time, part-time and seasonal employees across its U.S. stores, adding to the company’s nearly 250,000 current U.S. store employees. In-store seasonal…

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H&M group the most frequently praised company by NGOs and activists in 2017 according to SIGWATCH

SIGWATCH, the world market leader in analysis of NGO and activist campaigns, has recently published the ranking of the most praised companies by activists in 2017. STOCKHOLM, Sweden, 2018-Jan-25 — /EPR Retail News/ — Out of all companies in the world, H&M group was the most frequently praised one by NGOs and activists in 2017. This is the…

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Carrefour announces a potential investment by Tencent and Yonghui in Carrefour China

Boulogne-Billancourt, France, 2018-Jan-25 — /EPR Retail News/ — Potential investment by Tencent and Yonghui in Carrefour China, alongside a strategic cooperation agreement with Tencent Carrefour announces a potential investment by Tencent and Yonghui in Carrefour China as well as a strategic cooperation agreement with Tencent in China. Potential Investment by Tencent and Yonghui in Carrefour China Carrefour has signed…

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RILA announces the winners of the (R)Tech Retail CEO Innovation Awards

Three Companies Spurring The Future Of Retail Showcase Technologies For Industry’s Most Recognized CEOs Tucson , AZ, 2018-Jan-25 — /EPR Retail News/ — ​The Retail Industry Leaders Association (RILA), the trade association for America's most recognized and innovative retailers, today (1/23/2018) announced the winners of the (R)Tech Retail CEO Innovation Awards. The three winners, IamBot, Multifold, and Persado, selected…

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RILA welcomes new Board Chairman Brian Cornell chairman and CEO of Target Corporation

Semi-Annual Meeting Brings New Chairman, Four New Board Members​ Arlington , VA, 2018-Jan-24 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) announced today (1/22/2018) that four top retail executives have been selected to join the association’s Board of Directors in an election that took place during the Board’s semi-annual meeting, held Sunday in…

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AHOLD DELHAIZE SHARE BUYBACK UPDATE: 2,033,752 COMMON SHARES REPURCHASED IN THE PERIOD FROM JANUARY 15, 2017 UP TO AND INCLUDING JANUARY 19, 2017

Zaandam, the Netherlands, 2018-Jan-24 — /EPR Retail News/ — Ahold Delhaize has repurchased 2,033,752 of Ahold Delhaize common shares in the period from January 15, 2018 up to and including January 19, 2018. The shares were repurchased at an average price of €18.49 per share for a total consideration of €37.6 million. These repurchases were made…

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Darden Restaurants appoints Dave George as Executive Vice President and Chief Operating Officer

ORLANDO, Fla., 2018-Jan-24 — /EPR Retail News/ — Darden Restaurants, Inc. (DRI) today (January 22, 2018) announced the appointment of Dave George as Executive Vice President and Chief Operating Officer (COO), a new position within Darden. As COO, George will maintain his oversight of Olive Garden, Bahama Breeze, Seasons 52 and International Franchising while adding Cheddar's Scratch Kitchen to his leadership…

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Tops Friendly Markets introduces Better For You packages in its bulk department

WILLIAMSVILLE, N.Y., 2018-Jan-23 — /EPR Retail News/ — As American’s are becoming more and more health conscious, retailers are finding customers are buying less food items in bulk and are becoming more conservative in their portion sizes. This shift to “less is more” can prove to be a challenge especially for a store team whose emphasis…

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Fortune magazine named CBRE Group a World’s Most Admired Company in the real estate industry for the sixth consecutive year

Los Angeles, 2018-Jan-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today  (January 22, 2018) announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year. Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the real…

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X5 Retail Group assigned long-term credit rating of ruAA with a stable outlook by RAEX rating agency

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces that RAEX rating agency (“RAEX”) has assigned X5 a long-term credit rating of ruAA with a stable outlook. RAEX in its press release outlines the key factors contributing to this credit rating, which include…

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X5 Retail announces net retail sales and operational results for the Q4 and full year 2017

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer (LSE ticker: "FIVE"), today announces preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2017(1). X5 Chief Executive Officer Igor Shekhterman said: "X5 delivered strong growth in 2017…

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Rite Aid updates on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc.

CAMP HILL, Pa., 2018-Jan-23 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today (Jan. 22, 2018) provided an update on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc. (Nasdaq: WBA) pursuant to the previously disclosed Amended and Restated Asset Purchase Agreement, dated as of September 18, 2017 (the "Asset…

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Tesco announces removal of People Managers to simplify its operational structures

Welwyn Garden City, UK, 2018-Jan-23 — /EPR Retail News/ — Tesco has today (22 Jan 2018) announced changes to simplify its operational structures to improve efficiency and give line managers clearer accountability for colleague and customer experience. As part of these changes, the role of People Manager and Compliance Manager will be removed from large stores…

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Waitrose commits to not sell any own label food in black plastic beyond 2019

LONDON, 2018-Jan-23 — /EPR Retail News/ — And black plastic will not be used for Waitrose meat, fish, fruit and veg by end of this year Waitrose has pledged to not sell any own label food in black plastic beyond 2019 - this is the earliest date a supermarket has committed to removing black plastic from…

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John Lewis partners with design team PATTERNITY to launch its first ever Fashion and Home collaboration

Department store works with the design duo famous for using pattern to encourage people to slow down, be more mindful and appreciate the world LONDON, 2018-Jan-23 — /EPR Retail News/ — John Lewis has partnered with design team PATTERNITY to launch its first ever Fashion and Home collaboration, encompassing both homeware and athleisure. The PATTERNITY+ John…

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LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline

LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline   Paris, 2018-Jan-23 — /EPR Retail News/ — LVMH announces the appointment of Hedi Slimane as Artistic, Creative and Image Director of Céline with effect from February this year. He will direct all Céline collections, extending to men’s fashion, couture and fragrances. Hedi Slimane’s talent and his…

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RIMOWA celebrates its upcoming 120th anniversary with the creation of new visual identity

RIMOWA celebrates its upcoming 120th anniversary with the creation of new visual identity PARIS, 2018-Jan-22 — /EPR Retail News/ — In conjunction with celebrations around its upcoming 120th anniversary, RIMOWA has unveiled a new visual identity. Just as RIMOWA suitcases are uniquely resilient over time and combine the best of German engineering and craftmanship, the new logo embodies the…

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Walgreens Boots Alliance welcomes Sebastian James as SVP and President and Managing Director of Boots

DEERFIELD, Ill., 2018-Jan-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Sebastian James as Senior Vice President and President and Managing Director of Boots. He also will be contributing to the Group with involvement in a number of key areas, joining the company in the summer of 2018…

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Lowe’s welcomes David H. Batchelder, Brian C. Rogers and Lisa W. Wardell as new independent directors

MOORESVILLE, N.C., 2018-Jan-22 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that it has appointed David H. Batchelder, co-founder of Relational Investors, and Lisa W. Wardell, CEO of Adtalem Global Education, to its board of directors effective March 22, 2018.  The company will nominate Batchelder, Wardell and new nominee Brian C. Rogers,…

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CVS Health recognized by FORTUNE magazine as one of the World’s Most Admired Companies

WOONSOCKET, R.I. , 2018-Jan-22 — /EPR Retail News/ — CVS Health (NYSE: CVS), the nation's largest pharmacy innovation company, today was recognized by FORTUNE magazine as one of the World's Most Admired Companies. CVS Health was honored as No. 39 on the corporate rankings, up six spots from the previous year and marking the fourth consecutive…

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Walgreens Boots Alliance declares a regular quarterly dividend of 40 cents per share

DEERFIELD, Ill., 2018-Jan-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a regular quarterly dividend of 40 cents per share, an increase of 6.7 percent over the year-ago period. The dividend is payable 12 March 2018 to stockholders of record as of 15…

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Marks & Spencer to open a new Clothing & Home distribution centre in Welham Green (Hertfordshire) in 2019

New 495,000 sq ft Clothing & Home distribution centre to open in Welham Green in 2019 Operations at Neasden distribution centre to transfer to other sites in the M&S network LONDON, 2018-Jan-22 — /EPR Retail News/ — As part of its five-year transformation plan, Marks & Spencer (M&S) is set to open a new Clothing…

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Marks & Spencer appoints Sharry Cramond to the new role of Marketing Director, Food & Hospitality

LONDON, 2018-Jan-22 — /EPR Retail News/ — Marks & Spencer today announces that it has restructured its Marketing Team as part of its ongoing programme of change under its five-year transformation plan. The new team structure strengthens talent and will be more closely aligned to the strategic priorities of the Food and Clothing & Home business…

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The National Retail Federation elects new chairman

NEW YORK, 2018-Jan-22 — /EPR Retail News/ — The National Retail Federation today announced that BJ’s Wholesale Club President and CEO Christopher J. Baldwin has been elected chairman of the NRF Board of Directors. In addition, eight other retailers and retail partners have been elected as new members of the board. “Chris Baldwin is one of the top…

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Toys“R”Us® annual fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5 million and collected 175,000 toys

Toy Retailer, With Support from its Loyal Customers, Collects Thousands of Toys and More Than $5 Million, Giving the Gift of Play to Millions of Children on Christmas Morning WAYNE, NJ, 2018-Jan-19 — /EPR Retail News/ — Today (January 17, 2018), Toys“R”Us® announced its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation…

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CBRE announces the promotion of Bill Concannon to the position of Global Group President

LOS ANGELES, CA, 2018-Jan-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced the promotion of Bill Concannon to the position of Global Group President. Mr. Concannon, who leads CBRE’s occupier outsourcing business (called Global Workplace Solutions), is one of three senior CBRE executives with the Global Group President title.  This designation is reserved…

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