Walmart to double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020

MOUNTAIN VIEW, Calif., 2014-5-13 — /EPR Retail News/ — At an event with President Barack Obama, Walmart today announced that it will double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020. The commitment is part of Walmart’s global initiative to drive the production or procurement of 7 billion kWh of renewable energy by the end of 2020.

Over the last few years Walmart has made significant progress toward its goal to be supplied by 100 percent renewable energy.  With today’s commitment Walmart will further extend its leadership in renewables, doubling its solar energy projects in the United States and Puerto Rico over the next six years, compared to a 2013 baseline.

“We share the President’s commitment to a sustainable energy future and applaud his willingness to partner with business on this important issue,” said Bill Simon, president and CEO  of Walmart U.S. “We know from experience that investing in energy innovation allows us to save money, reduce carbon pollution, and create jobs. Every day, millions of Americans depend on us to watch every penny so that we can provide the best prices on products they love. Our customers can feel good that we’re watching out for both their wallets and their children’s future.”

Walmart made the announcement while hosting President Obama at a solar-powered store in Mountain View, California. The President visited the store to highlight the importance of energy efficiency and renewables in keeping America strong.

Walmart today is the No. 1 commercial solar energy user according to the Solar Energy Industry Association and is recognized as the largest on-site renewable energy user in America by the EPA’s Green Power Partnership.

Earlier this week, Walmart also signed on to the Department of Energy’s Better Buildings Initiative, reinforcing the company’s commitment to reduce the energy intensity of its buildings by 20 percent by 2020, compared to a 2010 baseline.

In total, Walmart’s 2020 commitments to scale renewables and accelerate energy efficiency globally could save the company as much as $1 billion a year in energy costs.

The Mountain View store currently derives 14.5 percent of its energy from solar systems built and installed by SolarCity, a local California business and one of Walmart’s largest solar vendors.  According to SolarCity, its projects with Walmart alone have created an estimated 9,000 construction jobs in the United States, and SolarCity has created an additional 5,000 permanent American jobs since it initiated its first project with Walmart in 2010.

As Walmart and other companies commit to solar, it creates more certainty in the marketplace and encourages others to invest, lowering the cost for everyone.  According to Lyndon Rive, CEO of SolarCity, “One of SolarCity’s biggest challenges is that customers are still stuck with the stigma that clean energy is expensive. Walmart’s scale, brand, and leadership is sending the signal that solar is cost effective. Walmart is showing you can be sustainable, and you can do it at prices that meet or beat the price of energy from the grid.”

With today’s commitment, Walmart continues to demonstrate that it can serve more customers while slowing its environmental impact.  Since 2005, Walmart’s greenhouse gas emissions grew at only one-quarter the rate of the company’s growth, nearly flat-lining in recent years. With its 2020 energy goals, it anticipates an absolute decline in GHG emissions by 2020 despite significant growth plans over that same time period.

For more information and to join the conversation, please follow us @Walmartgreen.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our 11,302 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visitinghttp://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

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BRC-KPMG RETAIL SALES APRIL 2014: UK online sales of non-food products grew 11.2% YoY

LONDON, 2014-5-13 — /EPR Retail News/ — Online sales of Non-Food products in the UK grew 11.2% in April versus a year earlier. In April 2013, they had increased by 6.3% over the previous year.

In April, online sales represented 16.1% of total Non-Food sales of our Monitor, against 15.9% in April 2013. April’s penetration is the lowest recorded by our monitor since last April, an effect of the Easter distortion.

The Other Non-Food category contributed almost 80% of the growth, followed for the first time by Furniture, a category helped by the Easter break, which recorded its best contribution since our monitor began in December 2012. In contrast, Easter led Clothing to record its smallest contribution since the start of the monitor.

Online sales contributed 0.5 percentage points to the growth of Non-Food total sales, the lowest contribution since March 2013.

Helen Dickinson, Director General, British Retail Consortium, said: “Online sales have grown steadily over the last year with a twelve month average change of 12.7 per cent year on year which is testament to the great British online retail offering. However the April 2014 growth of 11.2 per cent against 12.8 per cent in March shows that, when an opportunity like the Easter holiday arises, customers like to enjoy a great experience in store.

“Retailers know that customers want to experience shopping across all channels and have risen to the challenge of using digital technology to draw customers into new format stores where everything is available at the touch of a button.”

David McCorquodale, Head of Retail, KPMG, said: “While the Easter break helped the high street, the sunshine proved to be something of a distraction to the online channel, which saw sales slow, with just over 16 per cent of non-food items bought online. While this is a fall on previous months’ levels, it is an expected blip and reminds us that when the sun shines and people are on holiday, they are still attracted by the theatre of the store. Now the Easter bank holiday season has passed, I expect online sales to continue unabated.”

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP. 020 7854 8900. info@brc.org.uk.

BRC-KPMG RETAIL SALES MONITOR APRIL 2014: UK retail sales up 4.2% on like-for-like basis from April 2013

LONDON, 2014-5-13 — /EPR Retail News/ — UK retail sales were up 4.2% on a like-for-like basis from April 2013, when they had decreased 2.2% on the preceding year. On a total basis, sales were up 5.7%, against a 0.6% fall in April 2013. Growth was positively distorted by the timing of Easter.

Furniture & Flooring was the best performing category, reporting its highest growth since Easter 2006. Strong growth was also recorded in Other Non-Food and Children’s fashion.

Including both the positive and the negative distortions from Easter, the 12-month total sales growth now stands at 2.8%, ahead of the average CPI over the 12 months to March at 2.3%.

Online sales of non-food products in the UK grew 11.2% in April versus a year earlier. The Non-Food online penetration rate was 16.1% in April, the lowest since April 2013.

Helen Dickinson, Director General, British Retail Consortium, said: “Retail sales growth for the twelve months to April showed a healthy increase of 2.8 per cent compared to the twelve months to April 2013. There are now clear signs that the retail economy is expanding as retailers offer great new products and competitive prices to consumers who are still watching their spending very closely.

“As anticipated, the Easter break introduced a positive distortion into the April 2014 comparable figures (as the holiday fell in March in 2013) and so April sales were up by 5.7 per cent. However what we can say for certain, is that customers responded well to great deals and good ranges in children’s clothes, DIY products and furniture, although volumes of food sales did not rise significantly. As the Online Retail Sales Monitor shows, customers took advantage of the holidays to visit and buy their products in stores, which is a useful reminder that people still very much enjoy the great experience of shopping in store as well as online.”

David McCorquodale, Head of Retail, KPMG, said: “Strong April sales figures may have benefitted from Easter falling late this year but it is clear that the effects of the wider economic recovery are feeding through to the retail sector, as evidenced by the 3.3 per cent rise in non-food sales in the last quarter. The clothing and footwear segments performed well over the Spring months, benefitting from milder weather than last year.

“The renewed confidence in the housing market inspired homeowners to invest in their property once again during April. Sales of furniture and flooring increased over the Easter break as consumers not only had the confidence to refresh their décor, but also to invest in big ticket items.

“The food sector remained competitive with grocers slashing prices to attract customers. The last three months’ figures, which eliminate the distortion of Easter’s timing, reveal that total food sales have been flat at best. Price wars may be good news for the consumers but mean that grocers have to urgently re-think business models to maintain margins.

“After splashing out at Easter shoppers may be more restrained in the forthcoming months as they keep a keen eye on cash. However, if we have fine weather and the good economic news keeps coming, this should give retailers the momentum they need to drive sales of summer stock.”

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP. 020 7854 8900. info@brc.org.uk.

NACS names Nancy Cuellar-Gochez as its IT coordinator

ALEXANDRIA, VA, 2014-5-13 — /EPR Retail News/ — Nancy Cuellar-Gochez has joined NACS as IT coordinator. Cuellar-Gochez comes to NACS from NCR Corporation where she was a customer engineer. Earlier in her career, Cuellar-Gochez worked at ITT Technical Institute.Cuellar-Gochez earned an associate of applied science degree in computer networking systems and a BS in information systems and cybersecurity from ITT Technical Institute.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 151,000 stores across the country, posted $696 billion in total sales in 2013, of which $491 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

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World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

  • The world’s fifth largest mail-order retailer of musical instruments and technical equipment picks Intershop—again
  • Top selling points of the Intershop 7 omni-channel commerce solution: the smart promotion framework, high scalability, and great flexibility

Jena, Germany, 2014-5-13 — /EPR Retail News/ — Music Store confirms the value of its cooperation with Intershop: For eight years now, the world’s fifth largest music retailer has trusted in the technology and expertise of Intershop—the leading independent provider of omni-channel commerce solutions—to implement its online strategy. Now it is time for an upgrade, so Music Store is switching to Intershop 7.4, the current platform version. Intershop implementation partner dotSource is supporting Music Store in this migration project.

The high scalability and outstanding performance of the new solution is essential for Music Store’s ambitious growth trajectory. Not only does the company run Europe’s largest music store, generating annual revenues of 110 million euros, it has also operated a fully automated high-bay warehouse since 2011. There, in a space spanning 25,000 m2, it stores products to be shipped worldwide. Together with the Intershop platform, this represents the heart of a state-of-the-art omni-channel strategy in which the online store and the world of music housed in the warehouse work together to yield significant profits.

Intershop 7.4 also affords the music retailer the advantage of comprehensive functions for marketing and merchandising that can be used to design customized and highly targeted promotions and campaigns. This makes it easy for Music Store to offer its customers individualized products and, by combining these with attractive pricing, to reinforce its position in the European market.

“After many months of exhaustively evaluating all shop systems available on the market, we decided to go for Intershop once again, because the solution meets our specific requirements perfectly,” emphasizes Michael Sauer, owner and CEO of Music Store A. Sauer GmbH. “Intershop has formed the basis for the consistent expansion of our online store in the past. The new shop platform will allow us to respond even more flexibly to individual customer needs in the future and to press on with our growth strategy, both in Germany and abroad.”

Music Store acquired music dealer DV 247 a year ago. Now, Intershop 7’s multi-client capability allows DV 247’s website to be efficiently controlled from the same platform as the new online shop of Music Store. Outwardly, however, all British customers see is the familiar brand identity of DV 247.

“The many successful years of collaboration with Music Store prove that Intershop solutions are attractive for ambitious mid-sized enterprises as well,” adds Jochen Moll, CEO of Intershop Communications AG. “Our highly scalable commerce platform is designed to adapt easily and flexibly to the business growth of our customers—whether that means significantly expanding the product range, capturing new markets, or adding new sales channels.”

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services including online marketing. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

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World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

7-Eleven launches Mustache Straws and Mason Jar Mugs for Slurpee® drink this summer

Dallas, 2014-5-13 — /EPR Retail News/ — It was only a matter of time. They’re seemingly everywhere – on party supplies, clothing, jewelry, candy, decals, at ‘stache bashes, in party photo booths, even on cars and baby pacifiers.

Now, mustaches are on Slurpee® drink straws too, the perfect accompaniment to this summer’s new, novelty Slurpee cup – a 26-ounce refillable, plastic Mason jar mug. Both on-trend Slurpee accessories, sold separately, are made for summer fun and available exclusively at participating 7-Eleven® stores.

Retailing for 99 cents, the mustache straw comes in four styles and colors. The suggested retail price for the clear Mason jar mug with a colorful screw-top lid, reusable straw (sans mustache) and Slurpee logo is $2.99. The retro-like cup also comes in four colors – blue, green, orange or pink. The first Slurpee comes free with purchase of the Mason jar mug, and refills are discounted.

“Slurpee-lovers of all ages will have fun sporting their favorite ‘stache straw with a mason jar mug, and enjoying a Slurpee drink is all about fun and flavor,” said Laura Gordon, 7-Eleven vice president of brand innovation and marketing. “While everyone loves Slurpee drinks year-round, summertime is definitely Slurpee season. I suspect we will see lots of Slurpee mustache photos on Instagram, Facebook and Twitter (@slurpee or @7eleven).

“People in our office have unofficially named the four mustache styles,” Gordon said. “The British, the handlebar, the Hogan after wrestler Hulk Hogan, and the Swanson, as in Ron Swanson, a character on NBC’s “Parks and Recreation” sit-com series played by Nick Offerman. I think it will be interesting to see which mustaches sell best. Of course, people can buy all four to match their Slurpee moods or if they want to slurp incognito.”

Colorful, tongue-in-cheek 7-Eleven billboards in select markets feature a costumed man and animals sporting Slurpee ‘staches. The mustache straws and Mason jar mugs will be available at participating 7-Eleven stores during the summer while supplies last.

About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 10,300 7-Eleven® stores in North America. Globally, there are some 52,500 7-Eleven stores in 16 countries. During 2012, 7-Eleven stores generated total worldwide sales close to $84.8 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Franchise Times Top 200 Franchise Companies for 2013; #3 spot on Entrepreneur magazine’s Franchise 500 list for 2012, and #3 in Forbes magazine’s Top 20 Franchises to Start. 7-Eleven is No. 3 on Fast Company magazine’s 2013 list of the “World’s Top 10 Most Innovative Companies in Retail” and among the Top Veteran-Friendly Companies for 2013 by U.S. Veterans Magazine and on GI Jobs magazine’s Top 100 Military Friendly Employers for 2014. Hispanic Magazine named 7-Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.

CONTACT:
Margaret Chabris
7-Eleven, Inc.
972-828-7285
margaret.chabris@7-11.com

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7-Eleven launches Mustache Straws and Mason Jar Mugs for Slurpee® drink this summer

CBRE Group welcomes Richard Barkham as the company’s Global Chief Economist

Los Angeles, 2014-5-13 — /EPR Retail News/ — CBRE Group Inc. today announced that Richard Barkham, PhD, will join the company on June 16 as Global Chief Economist.  Dr. Barkham, a 16-year veteran of the real estate industry, will be based in London and will report to Nick Axford, PhD, CBRE’s Global Head of Research.

“We are very excited that Richard has joined our Research team at CBRE,” Dr. Axford said. “He is regularly sought out for his views on commercial real estate, and his insights on the interaction between macroeconomic trends, strategy and real estate market conditions are second to none. I look forward to working with Richard and our global Research team to advance CBRE’s reputation as the foremost authority on commercial real estate worldwide.”

“Richard is a premier real estate economist,” added Mike Lafitte, CBRE’s Chief Operating Officer.  “His addition to our Research team reflects our deep commitment to providing clients with the most thoughtful perspective on market conditions and trends.  Our clients and our professionals will benefit enormously from his broad-ranging knowledge and expertise.”

As CBRE’s Global Chief Economist, Dr. Barkham will work with CBRE’s senior executives to lead the development of the company’s view on global economic, financial and real estate market trends, and will focus on building the company’s reputation for thought leadership, including publishing leading-edge articles and market commentaries and speaking before industry and client groups. In addition, he will work with Dr. Axford and CBRE’s Regional Research Heads to coordinate the analytical activities of the company’s research teams around the world.

A specialist in global macroeconomics and real estate strategy, Dr. Barkham comes to CBRE from Grosvenor, a leading international investor in global real estate based in London.  Dr. Barkham has served as Grosvenor’s Group Research Director since 2006, where he has focused on real estate risk analysis, long-range forecasts, and capital allocation, supervising the work of 12 professional economists. He has also served as Non-Executive Director of Grosvenor Fund Management (GFM) since 2011, working on investment strategy, new fund development, marketing and client relations.  GFM is an international business with circa $5 billion of third party capital under management. He joined Grosvenor in 2000 as Research Director for Britain & Ireland.

Dr. Barkham is a visiting professor of Real Estate Economics at University College London.   Earlier in his career, Dr. Barkham taught at Europe’s leading real estate school, the University of Reading’s Department of Land Management. He is the author of two books – one on real estate and globalization, the other on entrepreneurship economic development – and numerous articles on real estate investment and global real estate markets.

Dr. Barkham earned his Doctorate in Economics from the University of Reading.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

CBRE honored with 11 national awards and named Best Property Consultancy at the 2014 Asia Pacific Property Awards

Hong Kong, 2014-5-13 — /EPR Retail News/ — BRE received 11 national awards and the peak regional award for Best Property Consultancy for the second year running at the prestigious Asia Pacific Property Awards 2014.

CBRE New Zealand was named Best Property Consultancy and will now compete against other regional winners from Africa, Arabia, Europe, UK and the Americas to find the ultimate World’s Best Property Consultancy. The global winner will be revealed at an awards ceremony in Dubai during December 2014.

It is the second year running that CBRE has received the peak regional award, following last year’s win by CBRE Japan.

CBRE was also named as Best Property Consultancy in six countries: Australia, South Korea, Taiwan, Thailand, Vietnam and New Zealand and received Highly Commended awards in China, Hong Kong, India, Japan, Philippines and Singapore.

CBRE CEO, Asia Pacific, Danny Queenan said; “Winning both the Best Property Consultancy for New Zealand and the Best Property Consultancy for Asia Pacific is an outstanding achievement. Our professionals work hard every day to deliver the best real estate services to our clients, and these accolades are a testament to their efforts.”

Other national winners and highly commended awards were as follows:

Lettings Agency, Best – CBRE Philippines

Lettings Agency, Best – CBRE Thailand

Lettings Agency, Highly Commended – CBRE Vietnam

Property Consultancy Website, Best – CBRE Thailand

Property Consultancy Website, Highly Commended – CBRE Philippines

Real Estate Agency, Best – CBRE Philippines

Real Estate Agency, Best – CBRE Thailand

Real Estate Agency, Highly Commended – CBRE Vietnam

Real Estate Agency Website, Highly Commended – CBRE Thailand

Announced on 9th May 2014 in Kuala Lumpur, Malaysia, the Asia Pacific Property Awards are part of the long-established International Property Awards and the logo is recognized as a symbol of excellence throughout the global industry.

Judging is carried out through a meticulous process involving a panel of over 70 experts covering every aspect of the property industry.

About International Property Awards
The International Property Awards are open to residential and commercial property professionals from around the globe.  Since 1995, they have celebrated the highest levels of achievement by companies operating in all sectors of the property and real estate industry.  The awards are split into regions covering Africa, Asia Pacific, Arabia, Canada, Caribbean, Central and South America, Europe, UK and USA.  The highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world’s finest property companies.  An International Property Award is a world-renowned mark of excellence. Judging is carried out through a meticulous process involving a panel of over 70 experts covering every aspect of the property business.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.​

For Further Information

Kathryn House
Communications Director
T +61 2 9333 3585
email

Harry Thompson
Manager, Communications, Asia
T +852 2820 1416
email

CBL & Associates Properties, Inc. sells Lakeshore Mall in Sebring Florida for $14.0 million

CHATTANOOGA, Tenn., 2014-5-13 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) announced that it has closed on the sale of Lakeshore Mall in Sebring, FL, to a private buyer for $14.0 million.

“We are pleased to advance our strategic objective of selling lower productivity malls with the disposition of Lakeshore Mall,” said Stephen Lebovitz, CBL’s president & chief executive officer. “We are also achieving progress with our additional disposition efforts and look forward to making announcements over the coming months.”

Margaret Caldwell and Kris Cooper of Jones Lang LaSalle represented CBL in the transaction.

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 150 properties, including 90 regional malls/open-air centers. The properties are located in 30 states and total 86.9 million square feet including 6.3 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

Forward-Looking Statements
Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

Contact: Katie Reinsmidt, Senior Vice President – Investor Relations and Corporate Investments, 423.490.8301,katie_reinsmidt@cblproperties.com

Philippines: SM Development Corporation opens Sun Mall

Pasay City, Philippines, 2014-5-13 — /EPR Retail News/ — Crowds flocked to the opening of Sun Mall, the newest retail podium within SM Development Corporation’s (SMDC) condominium development, Sun Residences.

Sun Mall spans a gross floor area of 15,000 square meters and offers a variety of commercial and retail stores. With its line-up of service and retail establishments such as flagship SM Hypermarket, Watsons, and BDO, as well food stores and specialty shops, residents will have a variety of options to choose from to satisfy their needs and provide utmost convenience.

Among the food concepts in Sun Mall are The Happy Bakery, the first inline store of Happy Dizon of the Dizon family behind Dizon Farms. Happy Bakery will serve breads, cakes, soups, salads and sandwiches; Chef Lau’s Pugon Roasters of Chef Rolando Laudico is a “fast good” restaurant that serves firebrick oven-roasted traditional Filipino dishes like roast chicken, pork liempo and beef at affordable prices. Gong Cha, the Taiwanese milk tea brand with over 200 branches in Asia is also part of Sun Mall.

Launched in 2009, Sun Residences is a two-tower, 43-storey development that offers studio, 1 bedroom and 2 bedroom units with prices ranging between PHP1.8 million and PHP5.1 million. True to SMDC’s promise of providing five-star homes in prime locations, Sun Residences features a list of stellar features and amenities- a hotel-like lobby, a swimming pool, a clubhouse with multi-purpose hall, function rooms, a student’s lounge, children’s play area, barbeque area, and a landscaped garden with gazebos and a jogging path.

For further information, please contact:

Mr. Jose Mari Banzon
Executive Vice President
SM Development Corporation
Tel. No.: (02) 857-0100
Email: josemari.banzon@smdevelopment.com

Céline opens new boutique at avenue Montaigne in the 8th district of Paris

PARIS, 2014-5-13 — /EPR Retail News/ — Céline opened the doors of its new boutique located at 53, avenue Montaigne in the 8th district of Paris. An elegant blend of wood, marble and metal creates a privileged setting for the ready-to-wear, leather goods and accessories collections.

The store occupying 500 sqm on two floors reinforces a network of distribution which already includes a left bank boutique on rue de Grenelle and another one on right bank on avenue Victor Hugo. Intimate and cozy at the same time, the decor of the place is in line with the aesthetic characteristic of the House. Danish artist FOS created a series of furniture pieces including lamps, benches and chandeliers, a visual signature already present in the London boutique that opened its doors ​​Mount Street in March.

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Céline opens new boutique at avenue Montaigne in the 8th district of Paris

Céline opens new boutique at avenue Montaigne in the 8th district of Paris