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Monthly Archives: May 2014

ICSC and Goldman Sachs Weekly Chain Store Sales Index: Retailers experienced slight dip of 0.1% in sales for the week ending May 10

NEW YORK, 2014-5-14 — /EPR Retail News/ —  Spending was relatively flat on a week-over-week basis, but surged year-over-year. Sequentially, retailers experienced a slight dip of 0.1% in sales for the week ending May 10, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index. On a year-over-year…

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Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis

Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis GRAND RAPIDS, Mich., 2014-5-14 — /EPR Retail News/ —  Meijer opened two new 190,000-square-foot supercenters outside of Indianapolis today, Meijer Co-Chairman Doug Meijer announced. The Plainfield and Whitestown stores are creating more than 540 new jobs and provide local residents with a great option for…

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Philippines: SM Investments Corporation reports PHP 6.24 Billion in Net Income in Q12014

Pasay City, Philippines, 2014-5-14 — /EPR Retail News/ — SM Investments Corporation (SM) reported that net income for the first three months reached PHP 6.24 billion from the PHP 7.42 billion reported during the same period last year. On a recurring basis, however, SM’s net income grew 11% from PHP5.61 billion. Underlying revenues also grew 12% from…

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Homebase launches Dianthus “Memories” plant to raise money for Alzheimer’s Society and sister charities in Scotland and Ireland

Milton Keynes, UK,  2014-5-14 — /EPR Retail News/ —  Homebase, one of the UK’s leading garden centres, has launched Dianthus “Memories” plant, to help raise money for its charity partner Alzheimer’s Society and sister charities in Scotland and Ireland. This year, over 100,000 people in the UK and the Republic of Ireland will develop dementia. 25p…

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Homebase and LEGO recreate the least recognisable flowers ahead of Chelsea Flower Show 2014 and encourage children to get gardening

Milton Keynes, UK,   2014-5-14 — /EPR Retail News/ —  With the RHS Chelsea Flower Show just around the corner, Homebase has tested the nation on its floral familiarity. From buttercup to bulrush the garden retailer has determined where the nation’s blossom blind spots are and has partnered with LEGO to recreate the four least…

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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…

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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…

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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…

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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…

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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…

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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 –…

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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…

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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…

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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…

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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…

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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…

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Intershop reports 64% increase in licensing revenues during Q1 2014

Licensing revenues grow strongly (+64%) Net revenues at prior year level Positive operating cash flow Jena, Germany, 2014-5-9 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), leading independent provider of innovative solutions for omni-channel commerce, continues to drive forward its refocusing on the product business. In the first three months of 2014 Intershop…

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Intershop to present at the Adobe Summit EMEA 2014 on 14-15 May at ICC ExCel London

14-15 May, ICC ExCel, London London, UK, 2014-5-9 — /EPR Retail News/ —  Experience-driven commerce is the future of commerce and Intershop has announced that it will show a live demonstration at the Adobe Summit EMEA 2014, which takes place on 14-15 May at the ICC ExCel, London. The demonstration at booth 4 showcases the…

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Kimco Realty reports 6.3% increase in FFO as adjusted per diluted share in first quarter 2014 operating results

Kimco Realty Announces First Quarter 2014 Operating Results - Reports a 6.3% Increase in FFO as Adjusted per Diluted Share; Advances Portfolio Simplification and Transformation Efforts NEW HYDE PARK, New York, 2014-5-9 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today reported results for the first quarter ended March 31, 2014. Highlights for the First Quarter…

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Gap Inc. announced its April net sales increased 10% to $1.33 billion for four-week period ended May 3, 2014 vs $1.21 billion last year

Guides to First Quarter Earnings per Share Range of $0.56 to $0.57 SAN FRANCISCO, 2014-5-9 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that April net sales increased 10 percent to $1.33 billion for the four-week period ended May 3, 2014 versus $1.21 billion last year.   Gap Inc.’s comparable sales for April 2014 were up 9…

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Two-time homerun champ Cecil Fielder to sign autographs on May 9 at the all-new ShopRite of Union

Two-time homerun champ will sign autographs this Friday Union, NJ, 2014-5-9 — /EPR Retail News/ — Cecil Fielder, a two-time home run king and member of the 1996 World Series-champion New York Yankees, will be signing autographs on Friday, May 9 at the all-new ShopRite of Union from 4 to 6 p.m. During his prime, Fielder was one of…

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Morrisons branded personal care and cosmetic products now certified by Cruelty Free International under the Humane Cosmetics Standard

Bradford, England,  2014-5-9 — /EPR Retail News/ —  We are pleased to announce that after extensive work across our supply chain all Morrisons branded personal care and cosmetic products are now certified by Cruelty Free International under the Humane Cosmetics Standard. This assures customers that products like our shampoo, toothpaste, deodorant and body scrubs are…

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Wincor Nixdorf to present at European ATMs 2014 on 3rd-4th June in London

Paderborn, Germany,  2014-5-9 — /EPR Retail News/ —   Today's customers are demanding and well-informed, and they are used to communicating and requesting services via a variety of different channels. Online and mobile banking services are therefore a must for today´s retail banks. Yet customers expect to be addressed individually even in virtual environments, and…

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Inter IKEA Group names Mathias Kamprad Chairman of the Board

Luxembourg, 2014-5-9 — /EPR Retail News/ —  Mathias Kamprad has been appointed Chairman of the Board of Inter IKEA Holding SA, the holding company of Inter IKEA Group. Mathias replaces Per Ludvigsson who for some years has been planning to retire as Chairman of Inter IKEA Holding at the age of 70. Prior to Mathias appointment as…

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CBRE Group, Inc named Most Valuable Employer for Military® for 2014 by CivilianJobs.com

LOS ANGELES, 2014-5-9 — /EPR Retail News/ —  CBRE Group, Inc. was named a Most Valuable Employer (MVE) for Military® for 2014 in the annual list compiled by CivilianJobs.com, one of the largest military-focused recruiting firms in the U.S. The MVE award recognizes companies for recruiting, training and retention plans that best serve military service members…

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‘Emancipation Day’ author Wayne Grady wins Amazon.ca First Novel Award

Author of ‘Emancipation Day’ selected to receive this year’s award from a shortlist of five first-time novelists SEATTLE, 2014-5-7 — /EPR Retail News/ — Amazon.ca and Quill & Quire today unveiled Wayne Grady as the winner for the 2013 Amazon.ca First Novel Award. Grady’s novel Emancipation Day (Doubleday Canada) earned him the title of the 2013 Amazon.ca First Novel Award and…

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Tesco wins “Outstanding Contribution to Sustainability and Environmental Performance” award

Tesco has won a top award for its outstanding contribution to environmental performance. Cheshunt, England,  2014-5-7 — /EPR Retail News/ —  The award recognises Tesco’s successful efforts to cut carbon emissions across its freight transport operations. Tesco has cut transport emissions per case delivered by as much as 14% in the UK in the last two…

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