NRF and RILA asked appeals court to overturn federal judge’s approval of controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees

WASHINGTON, 2014-6-17 — /EPR Retail News/ — The National Retail Federation and the Retail Industry Leaders Association today asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees, saying it was negotiated by only a handful of merchants and would do nothing to bring […]

British Retail Consortium: Government plans to charge for carrier bags with an overly complex system will confuse shoppers

LONDON, 2014-6-17 — /EPR Retail News/ — Retailers have expressed serious disappointment that Government plans to charge for carrier bags will ignore the advice of the industry and a key Parliamentary committee and press ahead with an overly complex system that will confuse shoppers. Retailers have consistently maintained that plans to charge 5p for carrier bags to […]

7-Eleven, Inc. and Seven Emirates Investment LLC to develop and operate 7-Eleven® stores in the UAE

Retailer Anticipates First Store Will Open in Dubai Next Summer Dallas, 2014-6-17 — /EPR Retail News/ — 7-Eleven, Inc. (SEI), the world’s largest convenience retailer with 53,000 stores worldwide, has signed a master franchise Agreement with Seven Emirates Investment LLC to develop and operate 7-Eleven® stores in the United Arab Emirates (UAE). The expansion marks the company’s first entry into […]

Wegmans Food Markets, Inc. recalls Wegmans Cinnamon Raisin Buns, 12 oz., due to not declared egg on the label

ROCHESTER, NY, 2014-6-17 — /EPR Retail News/ — Wegmans Food Markets, Inc. in Rochester, NY, has initiated a voluntary recall of approximately 1,315 units of Wegmans Cinnamon Raisin Buns, 12 oz., because they may contain egg, which is not declared on the label.  People who have an allergy or severe sensitivity to eggs run the risk of serious or life-threatening […]

Russia’s largest food retailer Magnit opened its 54th “Magnit Family” store

Krasnodar, 2014-6-17 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 54th “Magnit Family” store. Please be informed that on June 13, 2014 the Company has opened its 54th “Magnit Family” store located at 24/1, Zaozernaya street, Omsk, Siberian federal district. Assortment of the […]

Inter IKEA Group announced 7.4% revenue increase in its 2013 annual report

Luxembourg, 2014-6-17 — /EPR Retail News/ — In a rather tough business climate, the IKEA Concept continued to show good strength. Inter IKEA Group continued to make long term investments in order to secure independence and longevity of the group and the IKEA Concept. Inter IKEA Group total revenues increased by 7.4%, to €2,856 million in 2013. Net […]

Chain Store Age named CBRE Group the world’s fastest-growing retail property and leasing manager for the fourth straight year

CBRE Tops Annual Ranking for Fourth Straight Year ​Los Angeles, 2014-6-17 — /EPR Retail News/ — CBRE Group, Inc. has been named the world’s fastest-growing retail property and leasing manager by Chain Store Age for the fourth straight year. The retail industry publication’s April/May 2014 issue reported that CBRE added 39 million square feet of new global […]

BESTSELLER AQUIRED THE BRITISH FASHION RETAILER M AND M DIRECT LTD

Brande, Denmark, 2014-6-17 — /EPR Retail News/ — M and M is one of Europe’s leading online and mail order retailers of discounted lifestyle, fashion, sports apparel and footwear. M and M has dedicated local market websites covering the UK, German, French, Austrian, Dutch and Polish markets, and also serves more than 20 additional countries worldwide. “We have […]

Stop & Shop donated $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School Rewards Program

Now in its fifth year, Stop & Shop’s A+ Rewards Program has given almost $10 million to local schools Purchase, NY & Quincy, MA, 2014-6-17 — /EPR Retail News/ — The Stop & Shop Supermarket Company LLC announced it distributed $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School […]

Sharon Washington named Defense Commissary Agency zone 8 manager

FORT LEE, Va., 2014-6-17 — /EPR Retail News/ — Sharon Washington has been selected DeCA zone 8 manager. That announcement came today from DeCA Executive Director of Store Operations Keith Hagenbuch. Washington succeeds Arnielle Fernandez who became the agency’s bread and snacks category manager in April. Washington has been assistant store director at Naval Base San Diego for […]