ICSC and Goldman Sachs Weekly Chain Store Sales Index: Retail sales slipped by 1.2% for the week ending May 24, 2014

NEW YORK, 2014-5-28 — /EPR Retail News/ — A combination of one-off factors, adverse weather and consumers’ willingness to travel over this past Memorial Day weekend, led to the decline in weekly sales. As a result retail sales slipped by 1.2% for the week ending May 24, 2014, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index. On a year-over-year basis sales continue to remain positive but slowed to 2.1% for the week.

“The latest week’s decline was, in part, due to the increased number of Americans traveling this past holiday weekend. The Automobile Association of America (AAA) estimated that this year’s Memorial Day weekend (Thursday‐Monday) would reach a new post recession high of 36.1 million travelers‐‐going more than 50 miles from home‐‐making it the second highest since 2000,” said Michael Niemira, ICSC vice president of research and chief economist. “In addition, adverse weather in some heavily populated areas gave consumers another reason not to shop,” Niemira added.

Looking ahead, ICSC Research forecasts that May monthly comp‐store sales will increase between 3.0% and 3.5% on a year‐over‐year basis. Monthly sales will be reported on June 5, 2014. The monthly aggregate tends to have a “run rate” of about 2.0 percentage points higher than the industry as a whole.

Week Ending     Index 1977=100     Year/Year Change     Weekly Change
24-May-14                554.4                        2.1%                       -1.2%
17-May-14                560.9                        2.4%                       -1.3%
10-May-14                568.4                        3.9%                       -0.1%
03-May-14                569.2                        2.0%                       -2.0%

[Editor’s notes: The complete report will be available at 7:45 a.m. at http://www.icsc.org/research/publications.  In addition, historical data from this index is available under the Research section on ICSC’s website.  To view the data, visit and click on the “Weekly Chain Sales Tracking” link and enter the following member id number (1177584) and password (press2002pass) to obtain access to report and historical data.

The Weekly Chain Store Sales Snapshot is produced by the International Council of Shopping Centers and Goldman Sachs.  This index measures U.S. nominal same-store or comparable-store sales excluding restaurant and vehicle demand. The weekly index is constructed as a sales-weighted geometric average growth rate to preserve long-term consistency and is statistically benchmarked to a broad-based monthly retail industry sales aggregate that currently represents a sampling of leading retail chain stores, which also is compiled by ICSC. A representative sample of those major retailers has been used as a control group to extrapolate the weekly sales index. As such, the weekly index statistically represents industry sales and is not just a sum of sales for a handful of retailers. The standard period used for the index is Sunday through Saturday, even though some retailers use a different weekly accounting period. The weekly sales index is presented on an adjusted basis to account for normal seasonality and to counter other data anomalies. Weekly seasonal adjustment is at best difficult for chain store sales given that retailers can and often do shift promotions to counter typical shifts in the calendar. Nonetheless, the approach to weekly seasonal adjustment used follows from the Piser Method, which was popular in the early 1930s and became the standard for weekly adjustment.

The Goldman Sachs Group, Inc. is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 60,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.  As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.  For more information, visit www.icsc.org.

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ICSC Contacts:
Jesse Tron
+ 1 646-728-3814
jtron@icsc.org

Malachy Kavanagh
+ 1 646-728-3495
mkavanagh@icsc.org

Goldman Sachs Contact:
Leslie Shribman
+1 212-902-5400

Babies“R”Us® and Disney Baby partner to bring more options to expecting parents through combined offerings of products and services

Two of the Biggest Names in Baby Products Join Forces to Bring More Options to Parents Through Babies“R”Us Registry and Disney Baby Offerings

WAYNE, NJ, 2014-5-28 — /EPR Retail News/ — Babies“R”Us®, the nation’s leading dedicated baby products retailer, and Disney, with its Disney Baby brand, are teaming up to bring more options to new and expecting parents through combined offerings of products and services. Inclusive of online and in-store components, the relationship will bring theBabies“R”Us Registry experience, trusted by more than 18 million parents-to-be, to an expanded audience of expectant parents on DisneyBaby.com and broaden access to Disney Baby products through Babies“R”Us retail locations and marketing vehicles.

Through this collaboration, expectant parents can now create, access and share their Babies“R”Us Registry fromDisneyBaby.com. Other highlights include:

  • Babies“R”Us will carry the broadest assortment of Disney Baby products in the market and will promote them regularly in-store and via its marketing vehicles.
  • Simplicity of locating products online at DisneyBaby.com and adding them directly to a Babies“R”Us Registry with just a few quick clicks.
  • A featured Disney Baby Brand Shop on Babiesrus.com, allowing parents-to-be access to products and information directly.

“The Babies“R”Us Registry is the most widely used registry among parents-to-be, and we are excited to extend its reach through our new relationship with the Disney Baby brand and to provide our registrants with an even broader assortment of unique merchandise,” said Tom Via, Senior Vice President, Babies“R”Us. “By collaborating with Disney, we will enable more expectant parents to have seamless and convenient access to create, add to and make purchases from their registries from the site of the beloved Disney Baby brand.”

The Babies“R”Us and Disney Baby brands, both of which have millions of followers on social media channels, will leverage their social channels, such as Facebook and Twitter, to highlight ongoing, cross-promotional opportunities to engage with consumers.

“Working with Babies“R”Us allows us to introduce the magic of Disney Baby to a wider audience of new and expecting parents,” Rob Michaelis, Director, Disney Baby. “Through our collective efforts, we can aid new parents on their journey to prepare for their baby’s arrival and help them in ‘Creating magical moments right from the start.’”

About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and juvenile products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 873 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 715 international stores and over 180 licensed stores in 35 countries and jurisdictions. In addition, it exclusively operates the legendary FAO Schwarz brand and sells extraordinary toys in the brand’s flagship store on Fifth Avenue in New York City. With its strong portfolio of e-commerce sites including Toysrus.comBabiesrus.comeToys.com and FAO.com, it provides shoppers with a broad online selection of distinctive toy and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. employs approximately 70,000 associates annually worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. Additional information about Toys“R”Us, Inc. can be found on Toysrusinc.com. Follow Toys“R”Us, Babies“R”Us and FAO Schwarz on Facebook at Facebook.com/ToysrusFacebook.com/Babiesrusand Facebook.com/FAO and on Twitter at Twitter.com/Toysrus andTwitter.com/Babiesrus.

About Disney Baby
The Disney Baby brand provides parents with essential products and information they need for Creating Magical Moments Right From The Start™. From its launch of the Disney Cuddly Bodysuit™ in Spring 2011, and through products designed with parents in mind, Disney Baby offers today’s parents everything they need to bond with Baby at every stage. The Disney Baby product line includes essentials for Apparel, Nursery, On-the-Go, Bathtime, Mealtime, Playtime and Baby’s Firsts. A multifaceted digital resource for families, Disney Baby provides consumers with information and inspiration online via the website www.DisneyBaby.com, on Facebook (www.Facebook.com/DisneyBaby), on YouTube (www.YouTube.com/DisneyBaby) and Twitter (www.Twitter.com/DisneyBaby).

# # #

Media Contacts:
Toys“R”Us, Inc.
Linda Connors
973-617-4398
Linda.Connors@toysrus.com

Disney Consumer Products
Erin Barrier
626-773-5132
Erin.J.Barrier@disney.com

Wegmans Employee Scholarship Program to award college tuition assistance to 1,766 new recipients for the upcoming academic year

ROCHESTER, NY, 2014-5-28 — /EPR Retail News/ — Wegmans Food Markets has announced that the Wegmans Employee Scholarship Program will award college tuition assistance to 1,766 new recipients for the upcoming academic year. Wegmans expects to pay out more than $4.91 million in tuition assistance to both new and returning scholarship recipients during the 2014/2015 school year.

Click here to view the list of this year’s scholarship recipients organized by area and store.

Since the program began in 1984, more than 30,000 Wegmans employees have been awarded scholarships totaling $95 million. The first class of Wegmans scholarship recipients in the 1984/1985 academic year included 241 employees with scholarships totaling $280,000.

“My grandfather established this long-standing tradition with the aim of helping young people succeed,” says Wegmans President Colleen Wegman. “The program has grown considerably, and we’re proud to continue helping our people reach their academic and career goals.”

All Wegmans stores will offer a free cake celebration for employees and customers on Saturday June 7, from 12 p.m. to 2 p.m. in recognition of scholarship recipients and graduates.

Part-time employee scholarship recipients are eligible to receive up to $1,500 a year for four years (a maximum of $6,000), and full-time employees can receive up to $2,200 a year for four years (up to $8,800 total). No limit is placed on the number of scholarships awarded each year and no restrictions are made on a student’s course of study. Recipients may choose any area of study from an accredited college and enter any field they desire upon graduation. Many scholarship winners, however, have stayed with Wegmans after college, continuing career growth within the company.

To receive a scholarship, Wegmans employees must meet work-performance criteria. Eligibility is also based on a minimum number of work hours over a specified time period. Scholarship applications are evaluated by a team from Wegmans.

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Wegmans Food Markets, Inc. is an 84-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 17 consecutive years. In 2014, Wegmans ranked #12 on the list.

Contact Information:  

Jo Natale, director of media relations 585-429-3627

Evelyn Carter, consumer affairs manager (Syracuse media only), 315-546-1110

Michele Mehaffy, consumer affairs manager (Buffalo media only), 716-685-8170

Rite Aid supports The Skin Cancer Foundation’s annual Road to Healthy Skin Tour

7th Annual Coast-to-Coast Tour Brings Free Skin Cancer Screenings to 53 Rite Aid Pharmacies Nationwide  

CAMP HILL, Pa., 2014-5-28 — /EPR Retail News/ — For the seventh consecutive year, Rite Aid (NYSE: RAD) will proudly serve as the presenting sponsor of The Skin Cancer Foundation’s annual Road to Healthy Skin Tour. Kicking off today, the Tour runs through August and features local dermatologists coming out into the community to provide free, full-body and potentially life-saving skin cancer screenings to the public.

The Tour’s customized 38-foot recreational vehicle (RV) is gearing up to head across the country recruiting local volunteer dermatologists to provide full-body screenings from the comfort and privacy of one of the RV’s two exam rooms. As The Skin Cancer Foundation’s flagship early detection program, the Tour also aims to raise skin cancer awareness and educate about the importance of prevention and early detection.

“Skin cancer is the most common form of cancer in the United States. The Tour strives to save lives by detecting skin cancers early on and aims to educate the public about skin cancer prevention,” said Skin Cancer Foundation President Perry Robins, MD. “We appreciate Rite Aid’s continued partnership, which enables us to bring this life-saving program to many cities across the country for the seventh year in a row.”

Since 2008, the Road to Healthy Skin Tour has detected more than 7,000 suspected cancers and precancers, including more than 300 cases of melanoma. Over its seven years, the Tour has traveled more than 100,000 miles, winding its way across the United States on its mission to provide easy access to 10-minute screenings that can potentially save lives.

“Each year, more than 3.5 million cases of skin cancer are diagnosed across the county, but the good news is, if detected early, it is also one of the most preventable and curable forms of cancer,” said Rite Aid Executive Vice President of Pharmacy Robert I. Thompson, RPh. “Rite Aid is proud to be the presenting sponsor of the Road to Healthy Skin Tour and bring this valuable screening to the communities we serve.”

People interested in receiving a screening are advised to arrive early, as the free screenings are provided on a first-come, first-served basis. Visitors will also receive educational materials explaining how to perform monthly skin checks at home, proper ways to protect the skin against sun on a daily basis, along with sunscreen samples and other giveaways. Visit riteaid.com/skincare for the complete Tour schedule.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2014 annual revenues of $25.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

The Skin Cancer Foundation is the only global organization solely devoted to the prevention, early detection and treatment of skin cancer. The mission of the Foundation is to decrease the incidence of skin cancer through public and professional education and research. Since its inception in 1979, the Foundation has recommended following a complete sun protection regimen that includes seeking shade and covering up with clothing, including a wide-brimmed hat and UV-blocking sunglasses, in addition to daily sunscreen use. For more information, visitSkinCancer.org.

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Contact:

Media: Kristin Kellum 717-975-5713

Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

GRAND RAPIDS, Mich., 2014-5-28 — /EPR Retail News/ — One of this season’s most popular trends is the addition of soft pants – palazzo and straight legs – to a wardrobe because the flowing design offers extreme comfort and femininity. The Meijer Style Team would like to share some style tips to highlight the versatility of soft pant dressing:

Work: Add a chiffon top with a statement necklace and ankle strapped heel for the office.

Casual: Playful patterned palazzos are perfect for a casual night out. They are easily paired with a cotton tee, tank with chiffon overlay, or tie front blouse. A flat gladiator or high heel sandal complete the outfit.

Beach: Consider a lightweight or crochet style soft pant to use as a cover up on your way to the beach, or at a pool party. A flowing chiffon blouse or crop top is easily matched.

Soft pants are offered in many colors and patterns in sizes for women, women’s plus and juniors. Fabrics include rayon/spandex, challis and cotton. The pants are priced from $16 to $20.

For additional advice on in-trend fashions and other ideas from the Meijer Style Team, please visit www.MeijerStyle.com.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 207 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As the inventor of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. For more information on Meijer please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/meijer and @twitter.com/meijerPR or become a fan at www.facebook.com/meijer.

Chris Morrisroe, 248-666-3897, cmorrisroe@comcast.net

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Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

 

Target forms Digital Advisory Council to accelerate its digital transformation

Company also hiring additional engineers for Target.com and Mobile product teams — all part of digital transformation

MINNEAPOLIS, 2014-5-28 — /EPR Retail News/ — Target Corp. (NYSE: TGT) announced it has formed a Digital Advisory Council, as part of its efforts to accelerate its digital transformation. The panel of technology industry leaders will help guide Target’s omnichannel strategies and push Target to innovate faster, and discover new ways to leverage technology to enhance the guest experience – both online and in stores.

The council includes experts with varied tech backgrounds, and is comprised of:

  • Ajay Agarwal, Managing Director of Bain Capital Ventures
  • Amy Chang, CEO/Co-Founder of Accompani, formerly led Google Analytics
  • Roger Liew, Chief Technology Officer of Orbitz Worldwide
  • Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid

“We believe this council can play an important role in Target’s digital transformation – one of our top priorities as a company,” said Casey Carl, president of Omnichannel, Target. “This new group is bringing their tremendous talents and experience to help guide Target’s strategies and tactics. They’re also providing fresh, disruptive ideas that will help us re-invent the Target run for tomorrow’s guests.”

The council will meet quarterly as a group with Carl and others driving Target’s omnichannel strategies, including Target.com and Mobile teams, the Enterprise Strategy team and other Target leaders. Council members, who will serve two-year terms with an optional third year, also will be called upon to provide guidance on various topics and to help Target connect with other tech leaders.

In addition to forming the new council, Target is bolstering its internal digital talent with plans to hire at least 50 new software engineers this year for Target.com and Mobile product teams. The engineers will be primarily based in Minneapolis, where they will work as part of the company’s new digital product teams. Some new engineers will be based in Target’s San Francisco office.

In the past year, Target has launched a number of successful digital initiatives, including the mobile coupon app Cartwheel, Target Subscriptions and Store Pickup, which allows guests to buy online at Target.com and pickup in a store. Target is now enhancing and expanding these services while also beginning to test new offerings like same-day delivery and the ability to ship online orders from stores.

“Target is pursuing an aggressive omnichannel agenda and we want to go faster,” said Carl. “We’re confident that efforts such as creating the council and adding new engineering talent to our organization will help us achieve our goal of becoming a leading omnichannel retailer.”

Check out Target’s Careers site to find engineering and other digital positions now available at Target.

To view videos of Target’s Digital Advisory Council members in action, check out Target’s online magazine, A Bullseye View.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit target.com/corporateresponsibility. For more information, visit Target.com/Pressroom.

media contact

Eddie Baeb
p: 612-761-9658

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Left to right: Jason Goldberger, SVP, Target.com and Mobile leads a panel with the Target Digital Advisory Council at Target headquarters; Roger Liew, Chief Technology Officer of Orbitz Worldwide; Ajay Agarwal, Managing Director of Bain Capital Ventures; Amy Chang, CEO/Co-Founder of Accompani; Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid.

Left to right: Jason Goldberger, SVP, Target.com and Mobile leads a panel with the Target Digital Advisory Council at Target headquarters; Roger Liew, Chief Technology Officer of Orbitz Worldwide; Ajay Agarwal, Managing Director of Bain Capital Ventures; Amy Chang, CEO/Co-Founder of Accompani; Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid.

CBRE’s global corporate headquarters honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards

Los Angeles, CA, 2014-5-28 — /EPR Retail News/ — CBRE’s global corporate headquarters in Downtown Los Angeles was honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards. CBRE and Gensler, its architectural partner on the project, received the Work Medium award which recognizes the best office projects between 20,000 and 50,000 square feet. The Calibre Awards honors the collaboration between designers, dealers and manufactures that ultimately results in exceptional projects.

More than 1,000 guests walked the red carpet at the black tie event. In total, six awards were presented at the Calibre Awards in the following categories: Health & Wellness, Leisure & Entertainment, Retail, Work Large, Work Medium, and Work Small.

Nominated with twelve other projects in the Work Medium category, CBRE’s global headquarters came out on top. Lewis C. Horne, president of Greater Los Angeles and Orange County for CBRE, accepted the award along with Gensler. Other team members recognized included ARC Engineering, Inc., CBRE Project Management, CBRE Workplace Strategy, Brandow & Johnson Inc., Kaplan Gehring McCarroll Architectural Lighting, and Taslimi Construction Company, Inc.

“We’re thrilled to accept this award and to share it with all those who were a part of the project,” says Lewis C. Horne, president of Greater Los Angeles and Orange County. “We appreciate IIDA for recognizing our space, as we truly believe that it is transformational not only for our firm, but for all office users as companies seek workplace solutions that better support the way people work today and will work in the future.”

CBRE’s global headquarters is located on the 25th and 26th floors of 400 South Hope Street in Downtown Los Angeles. Opening in September 2013, the 100 percent “free-address” and paperless office, which is part of CBRE’s global “Workplace360” initiative, incorporates leading-edge workspaces designed to support the way employees work through enhanced flexibility, mobility, technology, wellness and productivity.

“Feedback about our new space, both internally and externally, has been overwhelmingly positive. Internal feedback is our employees are happier because they can choose where to work based on their individual needs, and that they would never want to go back to the old way of working. Externally, the interest level in the new space has exceeded all expectations,” says Laura O’Brien, CBRE’s Global Head of Human Resources and Workplace Strategy.

To date, CBRE, has had more than 100 news articles published about the space, with coverage spanning from LA to Chicago to London and even Japan.

Andy Ratner, Senior Managing Director of the Downtown office, says, “The level of interest goes far beyond mere curiosity – we’ve toured more than 4,000 people through the space and have seen a marked increase in client interest in replicating similar strategies in their own offices.

“We’re very proud that our space can and is being used as showpiece for our clients to see firsthand how these strategies can improve collaboration, productivity and wellness in the workplace,” adds Nancy Wilhite, Managing Director of the Downtown office.

The Downtown LA office was one of the first – and the largest – of CBRE’s global “Workplace360” initiative. CBRE is opening almost two dozen more “Workplace360” offices around the globe before the end of the year, including offices in Tokyo, Melbourne, Chicago, San Diego and Orlando.

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

Jacqueline Bayley
T +1 949 8093742
email

CBRE’s “How Global is the Business of Retail?” report: Paris is the world’s hottest global retail market with 50 new brands attracted last year

Global Retailers Focus on More Mature Markets – – U.S. Retailers Dominate Cross-Border Expansion – – Luxury Brands Account for a Quarter of New Market Entrants Globally

Los Angeles, 2014-5-28 — /EPR Retail News/ — Paris is the world’s hottest global retail market attracting 50 new brands last year, while France is ranked as the leading country for new entrants, according to the latest edition of How Global is the Business of Retail? by global property advisor CBRE Group, Inc.

The 2014 report, which tracks retailer’s movements in 2013, found that the overall footprint of global retailers at country level grew by 1.7%. More than half of retailers (51%) are now present in all three major global regions, The Americas, Europe Middle East and Africa (EMEA) and Asia Pacific, a slight increase on the previous year.

Retailers focused on more mature markets in 2013, with 18 of the top target cities considered mature markets compared with only 14 the previous year. 83% of the survey cities saw at least one new entrant throughout the year (compared with 81% the year before); with the top target markets seeing a 28% rise in new entrants.

The number of new entrants at city level was up by 26% year-on-year, with an increasing number of retailers crossing borders to grow their businesses. Paris has risen in popularity among the cities most attractive to retailers welcoming 50 new entrants over the year, including 10 new Luxury & Business Fashion brands. Paris benefitted from three new shopping centers in 2013, but it was the prime high street locations that attracted most global brands. Competition on these high streets between luxury brands is fierce due to surging demand from tourists, especially from China.

France also topped the table of the hottest countries ahead of Japan and Hong Kong. France has seen a renewed confidence in the market. Paris was the main point of entry for many retailers and has seen rents increase to decade highs due to significant interest from global retailers for the limited amount of available prime space. Paris was not the only target market; retailers also chose nine other French cities for their first store.

Tokyo is second as the most attractive city for global retailers, seeing double the number of new entrants during 2013 (48) than it did in 2012, reflecting renewed confidence in the economic prospects of Japan. Half of all new entrants (24) came from the U.S., while a further 18 were from Europe. Hong Kong and Abu Dhabi were the third and fourth ‘hottest’ markets with 43 and 42 new entrants respectively.

London is the home of more international brands than any other city, yet it still attracted 31 new market entrants last year. Other cities in the top ten included Beijing, Moscow, Shanghai, Frankfurt, Taipei and Singapore.

Jose Luis Martin, EMEA Senior Director of Cross Border retail, CBRE, commented:

“The improving economic prospects in Western Europe and North America is leading global retailers to refocus their expansion plans on mature markets and the world’s major retail destinations, with Paris, Tokyo, London and Berlin the top targets. Retailers have also turned their attention to recovering European markets and Asian and South American cities where they are still under represented.

“Global shopping center development is also at an all-time high and is providing the opportunity for retailers to enter new markets, particularly in Asia, Latin America and Eastern Europe. Owners are putting sizable resources into revamping, extending and freshening up their existing centers and securing major international brands is a key part of this strategy.

“The growth of the online environment has also elevated the importance of the brand – not just among luxury retailers, but across the retail spectrum with consumers seeking out aspirational brands as well as high street and value offerings, and this is driving demand for new stores.”

Retailers from the Americas are by far the most global, with 80% present in all three regions, compared with 48% of European retailers and 25% of Asia Pacific retailers. The maturity of the American market has encouraged retailers to cross borders and to extend their global reach in order to grow their companies. U.S. retailers expanding into EMEA represented 40% of cross-border movements by American retailers, 35% were entries into Asia, and only 18% were entries into other countries in the Americas region.

Naveen Jaggi, Senior Managing Director, Retail Services, CBRE, commented:

“The maturity and density of the American market is encouraging retailers to look outside their home borders in order to seek growth. Retailers from the U.S. were by far the most active in their expansion with at least one American retailer entering 45 of the 61 countries surveyed.

“London remains the top market for American retailers that are looking to move out of their home region. The proportion of American retailers with a presence in London has risen 4.2% since 2012 and two thirds of retailers based in the Americas are now present in London.”

The Luxury and Business Fashion sector accounted for the highest proportion (24%) of new market entrants globally. One third (32%) of all new entrants to the Americas were from this sector which is a direct reflection of the improved outlook for U.S. consumption. Luxury and Business Fashion retailers also proved to be very active in EMEA accounting for 24% of new entrants.

Notes to editors:
CBRE’s annual survey, now in its seventh year, maps the global footprint of 334 of the world’s leading retailers across more than 189 cities, tracking cross-border retailer movements. It also looks at the markets retailers have targeted in 2013 and provides a definitive benchmark against which to measure future changes in the global retail environment through a global ranking of countries and cities which have been most successful in attracting leading international retailers.

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

Robert Mcgrath
T +1 212 9848267
email

Corey Mirman
T +1 212 9846542
email

Commissaries announced series of savings and sales events for the whole family in June and July

FORT LEE, Va., 2014-5-28 — /EPR Retail News/ — Whether it’s fruit and veggies at farmers markets, meat for outdoor grilling, ingredients for graduation dinners or food for the family road trip, you’ll save by shopping your commissary during June.And there’s something new: Your Healthy Lifestyle Festivals. Commissaries worldwide have partnered with installation exchanges, morale, welfare and recreation services, health clinics, and local produce growers to make possible community farmers markets, sidewalk sales, health and wellness screenings and fitness activities for the whole family in June and July. For local dates, go to http://www.commissaries.com/healthy-lifestyle-festival.cfm.

  • “Splash Into Summer,” sponsored by Tropicana, Propel, Starbucks Iced Coffee and Naked Juice. Look for large displays worldwide June 5 through July 9 advertising the event and encouraging shoppers to enter to win the “Fun in the Sun Giveaway.” Grand prize includes a Weber barbeque grill, an inflatable waterslide, $500 commissary gift card and a $300 exchange gift card. First place prizes are 10 Huffy bicycles and many more prizes. This “Splash Into Summer” promotion will be specially advertised on www.tropicanamilitary.com and www.militarywivessaving.com.
  • “Patriot Perks,” hosted by Overseas Service Corporation, June 5 through July 9. This commissary event focuses on saying “thank you” to the families of our military personnel who protect our country. The sale will feature special pricing on dozens of products and will be identified by red, white and blue patriotic signage throughout the commissary. “Perks” can be earned by shopping at your local commissary and purchasing the featured products. For every $25 spent on any combination of products from participating brands, you’ll qualify for a $10 gift card that can be used at your commissary or other military retailers.
  • “Pick Your Flavor, Pick Your Ride” sweepstakes, sponsored by Mott’s and Dr Pepper/Snapple, from June 19 to July 9. One lucky customer will have the chance to win and choose from one of two prizes: a 2014 Harley Softail Deluxe motorcycle or a 2014 Camaro coupe. To enter, customers must visit their local commissary and find the large display that depicts the motorcycle and car with a QR code. Scanning the QR code with your smart phone will take you to the online entry form. You may also enter by visiting www.Harley.commissaryentry.com. Commissaries will have special pricing on 7 UP, A&W, Canada Dry, Sunkist, RC Cola, Mott’s Apple Juice, Hawaiian Punch and Yoo-hoo.
  • “Project Healing Waters,” a cause promotion sponsored by S & K Sales Company from June 5 to July 23. This event will help raise money for this nonprofit organization dedicated to the physical and emotional rehabilitation of disabled active military and disabled veterans through fly fishing and associated activities, including education and outings. Six-page flyers containing coupons and featured savings will be handed out in commissaries during the sale. A portion of the purchase price of each featured item will be donated to “Project Healing Waters Fly Fishing.” This event has provided over $500,000 in donations to this cause.

Check with your local store manager for information on when your commissary will be offering these events. And don’t forget to routinely check the “Sales Events” tab on DeCA’s website for the latest information on sales and savings.

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5–percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Carrefour partner and franchisee Label’Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

PARIS, 2014-5-28 — /EPR Retail News/ — Label’Vie, a Carrefour partner and franchisee, is opening its fortieth supermarket and fourth hypermarket under the Carrefour brand in Morocco.

> On 8 May, Morocco’s fortieth Carrefour Market supermarket opened its doors in Marrakesh.
The ‘Carré Eden’ Carrefour Market has a sales area of 1,900 sq. m. and is located in a shopping centre in the heart of the city.

> On 21 May, the country’s fourth Carrefour hypermarket opened in the city of Oujda.
Carrefour ‘Oujda’ has a sales area of 3,800 sq. m.

Label’Vie currently operates 56 stores, including four Carrefour hypermarkets, 40 Carrefour Market supermarkets, two Express convenience stores and 10 Atacadao stores.

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Carrefour partner and franchisee Label'Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

Carrefour partner and franchisee Label’Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

Kesko Corporation appoints Mikko Helander new Managing Director

Mikko Helander to be Kesko Corporation’s new Managing Director

Helsinki, Finland,  2014-5-28 — /EPR Retail News/ — Kesko Corporation’s Board of Directors has appointed Mikko Helander, M.Sc. (Tech.), as Kesko Corporation’s Managing Director and Kesko Group’s President and Chief Executive Officer as from 1 January 2015.

Mikko Helander (b. 1960) will join Kesko as Kesko Corporation’s Deputy Managing Director and Member of the Group Management Board on 1 December 2014 at the latest and he will be Kesko Group’s President and CEO starting from 1 January 2015. Helander has acted as the Chief Executive Officer of Metsä Board Corporation and as a Member of the Executive Management Teamof Metsä Group since 2006 and before that as the Chief Executive Officer of Metsä Tissue Corporation as well as in various management positions at the Valmet and Metso Groups. He has been a Board Member at Metsä Fibre Oy since 2008 and at the German Pulp and Paper Association (VDP) since 2013. Earlier Helander has been the Vice Chairman of the Board at Myllykoski Paper Oy in 2007-2012 and a Board Member at the Finnish Forest Industries Federation in 2007-2011.

Starting from 1 January 2015, President and CEO Matti Halmesmäki will continue as a special advisor and in special assignments to be agreed with Kesko’s Board of Directors until 31 May 2015 when he will retire.

“In Kesko’s history, Mikko Helander will be the first President and CEO that has been nominated from outside the company. He has a strong track record in effective business leadership in a rapidly changing operating environment. Kesko’s management is experienced and competent and the Group’s financial performance and condition are very strong. This will provide an excellent basis for the work of the new President and CEO”, says Board Chair Esa Kiiskinen.

Kesko will hold a press conference on the appointment today, Wednesday 28 May 2014, at 10 a.m. EET in the auditorium at Ankkurikatu 5, Helsinki. Mikko Helander will also be present.

A photograph of Mikko Helander with personal information is available on Kesko’s website at www.kesko.fi/Group-Management-Board.

Further information will be available after the press conference from Board Chair Esa Kiiskinen, tel. +358 10 53 50200, and President and CEO Matti Halmesmäki, tel. +358 10 53 22201.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

John Lewis reveals five startups who made it to the final stage of its JLAB technology incubator

LONDON, 2014-5-28 — /EPR Retail News/ — John Lewis today reveals the five startup businesses who have made it to the final stage of JLAB, the retailer’s first-ever technology business incubator. From 3D room planners and in-store digital engagement to wireless sound systems and smart labels for after-sales care, the five finalists represent a range of innovative ideas with the potential to shape the shopping experience of the future.The five JLAB finalists are:

  • Localz, in-store digital engagement
  • Musaic, wireless sound system for smart homes
  • SpaceDesigned, online 3D room planning
  • Tap2Connect, smart labelling for after-sales care
  • Viewsy, in-store digital engagement

The final five were selected by the JLAB panel, comprising of John Lewis representatives, technology entrepreneur and JLAB partner Stuart Marks* and a selection of external mentors, following a pitch day on 20 May. The five startup companies will now be given dedicated office space at JLAB’s London hub, located within Level39, as well as initial funding of £12,500, access to John Lewis proprietary technology (platforms, data, APIs etc.) and access to the full mentor panel, which includes experts such as Luke Johnson, Chairman of Risk Capital Partners, and Sarah Murray OBE, founder of confused.com, alongside a range of John Lewis leaders. JLAB will be situated in Level39’s High Growth Space, which is based on the 42nd floor of Canary Wharf’s iconic One Canada Square building.

Following a 12-week incubation period, the JLAB panel will select a winning company who will receive up to £100,000 in further investment and the chance to trial their solution in-store. Should this be a success, their solution may be implemented across the John Lewis estate.

Paul Coby, IT Director at John Lewis, said: ‘Innovation is at the heart of John Lewis Partnership’s DNA, in our 150th year I am delighted that we will be working with some of the best technology innovators to develop better products and better customer service. We’re confident that the JLAB finalists each have an idea with real potential to either improve the shopping experience or offer customers something new to use in the home. I really feel that if our Founder Spedan Lewis were alive today he would be starting a tech incubator.’

Stuart Marks, technology entrepreneur and partner in JLAB, said: ‘We were very pleased with the quality of companies that attended the pitch day.  We are certain that the companies that we have selected will thrive at JLAB over the summer and benefit from the exceptional mentoring team and access to the John Lewis business.  Every company has the potential to win and it will be exciting to watch how they develop.’

JLAB will officially open on Monday 9 June. Further information on each JLAB finalist can be found below. For more information, please visit www.jlab.co.uk.

Localz
Headed up by co-founders Tim Andrew, Pete Williams and Melvin Artemas, Localz is an in-store digital engagement system which uses proximity and iBeacon technology. Currently, retailers don’t know when their best online shoppers arrive at a real life store. Localz is designed to let retailers know they have arrived as they walk through the door.A demo video with further information on Localz can be viewed at vimeo.com.

Musaic
Musaic is a wireless sound system designed to integrate fully with today’s smart home. Founders Matthew Bramble, Simon Grabowski and Carolyn Van Dongen have created a wireless Hi-Fi system that can stream music from any platform to multiple rooms in a house.A demo video with further information on Musaic can be viewed on youtube.

SpaceDesigned
SpaceDesigned, from co-founders Nicholas and Diane Shaw, is an online app which allows consumers to accurately create and view virtual 3D versions of rooms in their house. They can then add potential new furniture purchases and see how they might fit in.A demo video with further information on SpaceDesigned can be viewed on youtube.

Tap2Connect
Tap2Connect, from founder Steve Cooke, is an after-sales service that uses smart labels to increase customer engagement. Smart labels enable consumers and retailers to track a product’s lifecycle and make on-going service or repairs easier to handle.A demo video with further information on Tap2Connect can be viewed on youtube.

Viewsy
Viewsy, founded by Odera Ume-Ezeoke, is an in-store digital engagement system designed to help retailers better understand their customers. In-store sensors track customers’ behaviour as they move through the store, allowing retailers to better understand them and to offer them more personalised and efficient services.A demo video with further information on Viewsy can be viewed at vimeo.com.

*Stuart Marks biog – Stuart founded his first business in 1990 and since then has built up and sold several tech based companies specialising in Big Data. These have ranged from managing customer loyalty programmes, such as the Reward Card, the predecessor of Nectar for Sainsbury’s to building complex web interfaces at Module Communications, one of the UK’s leading digital media agencies which was sold to Grey Advertising.  In 1999, Stuart founded LSE listed ITIS Holdings which was a very early adopter of crowd sourced GPS data  to provide real time traffic information across Europe. Having sold ITIS to Seattle based INRIX in 2011, Stuart established his own fund which invests in and mentors many startup and growth stage companies in the UK.

Notes to editors
The John Lewis Partnership – The John Lewis Partnership operates 41 John Lewis shops across the UK (31 department stores and 10 John Lewis at home), johnlewis.com, 317 Waitrose shops, waitrose.com and business to business contracts in the UK and abroad. The business has annual gross sales of over £10bn. It is the UK’s largest example of worker co-ownership where all 91,000 staff are Partners in the business.

John Lewis – John Lewis, ‘Multichannel Retailer of the Year 2014’¹, ‘The Nation’s Best Retailer’² and ‘Best Retailer 2013’³, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 250,000 products, and is consistently ranked one of the top online shopping destinations in the UK. (www.johnlewis.com). John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

¹ Oracle Retail Week Awards 2014
² Verdict Consumer Satisfaction Awards 2013
³ Which? Awards 2013

You can follow John Lewis on the following social media channels:

www.johnlewis.com/twitter 
www.johnlewis.com/facebook 
www.johnlewis.com/youtube.

Enquiries
For further information please contact:Vikki Speed
Press Officer, Corporate and Social Media, John Lewis
Telephone: 020 7931 4921
Email: vikki_speed@johnlewis.co.uk