Carrefour and its co-investment partners established company dedicated to enhancing the value of its shopping centers in Europe

PARIS, 2014-4-18 — /EPR Retail News/ — Completion of agreements with Klépierre and creation of CARMILA, a company dedicated to enhancing the value of its shopping centers in Europe Carrefour and its co-investment partners announce today the creation of CARMILA, a company dedicated to enhancing the value of the shopping centers adjacent to Carrefour hypermarkets in […]

Alliance of food manufacturers, retailers and foodservice operators released toolkit to help businesses in the food sector reduce food waste

WASHINGTON, DC, 2014-4-18 — /EPR Retail News/ — Today an alliance of food manufacturers, retailers and foodservice operators announced the release of a toolkit to help businesses in the food sector reduce the amount of food waste sent to landfill. The Best Practices and Emerging Solutions Toolkit was produced by the Food Waste Reduction Alliance (FWRA), a cross-sector […]

Groupe Auchan succesfully priced €600 million 7-year bond offering

Croix, France, 2014-4-18 — /EPR Retail News/ — On Tuesday April 15, Groupe Auchan successfully priced a €600 million 7-year bond offering. The order book was quickly closed, given the size and quality of the orderbook, in excess of €2.4 billion. Price guidance was first established at ms+60/65 bps. Investors’ eagerness of this issuing enabled Groupe Auchan to improve its financing […]

The last two Real hypermarkets in Romania opened under the Auchan banner

Bucharest, Romania, 2014-4-18 — /EPR Retail News/ — On April 10 and 11, the Romanian hypermarkets of Timisoara and of Cotroceni opened under the Auchan banner. They were the last of the 20 Real hypermarkets to do so. Everything went very quickly since September 12, 2013 and the closing of Real hypermarkets in Romania. In 2013, 12 hypermarkets […]

The Defense Commissary Agency opened new $14.5 million commissary at Naval Submarine Base New London, Ct

NEW LONDON, Ct., 2014-4-18 — /EPR Retail News/ — A new $14.5 million commissary opened at Naval Submarine Base New London, April 16. The new facility replaces a store built in 1981 at the installation known historically as the Navy’s first submarine base. With a significantly larger sales area, the commissary represents a much anticipated boost […]