Alliance Boots completed the acquisition of 1,400 pharmacy stores in Mexico and Chile

Nottingham, 2014-8-13 — /EPR Retail News/ — Alliance Boots today announces that it has completed the acquisition of Farmacias Ahumada S.A. (“FASA”). The completion follows receipt of regulatory approvals and the closing of the cash tender offer for the outstanding fully diluted share capital of FASA whose shares are listed on the Santiago Stock Exchange. The acquisition […]

S Group reports improved January–June 2014 result compared to the previous year

Helsinki, Finland, 2014-8-13 — /EPR Retail News/ — Cost reductions implemented within the S Group resulted in an improved January–June result compared to the previous year. Retail sales contributed close to €5.5 billion, which is the same as for the corresponding period last year. In January–June 2014, S Group’s total profit before extraordinary items and taxes was […]

Jan du Plessis to step down from the Board of M&S to become Chairman of SABMiller plc.

LONDON, 2014-8-13 — /EPR Retail News/ — Marks and Spencer Group plc (M&S) notes the announcement made today that Jan du Plessis is to be appointed to the Board of SABMiller plc on 1st September, 2014 and that it is intended that he will become Chairman during July, 2015.  In the light of this appointment, Jan will […]

IKEA to open its future Kansas City-area store on September 10, 2014

IKEA, the world’s leading home furnishings retailer, today announced that its future Kansas City-area store will open in Merriam, KS at 9 a.m. on Wednesday, September 10, 2014, expanding the IKEA presence in the Midwestern United States. MERRIAM, KS, 2014-8-13 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, todayannounced that its future Kansas […]

Belk announced two executive appointments effective on September 1, 2014

Jan Clevenger named Belk, Inc. EVP and GMM, Men’s, Home and Kids David Luoma appointed Chair of Belk Western Division Based in Birmingham, Ala. CHARLOTTE, N.C., 2014-8-13 — /EPR Retail News/ — Belk has announced two executive appointments effective on September 1, 2014: Jan Clevenger has been named executive vice president (EVP) and general merchandising manager (GMM) […]