Brian Cornell becomes Target’s new chairman of the Board of Directors and CEO

MINNEAPOLIS, 2014-8-4 — /EPR Retail News/ — Target Corporation (NYSE: TGT) announced today that its Board of Directors has named seasoned retail and consumer products veteran Brian Cornell as the company’s next chairman of the Board of Directors and chief executive officer, effective August 12. Cornell, 55, joins Target with more than 30 years of experience at some of the nation’s leading […]

Ingles Markets reports its nine month sales rose 2.9% to $2.87 billion vs. prior year nine-month period

ASHEVILLE, N.C., 2014-8-4 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported higher sales and net income for the three and nine months ended June 28, 2014 as compared with the three and nine months ended June 29, 2013. Third quarter net sales rose 4.7% to $978.3 million, an increase of $44.2 million over last […]

CBRE Group, Inc. completes the acquisition of Preuss Gesellschaft mbH and its subsidiaries

CBRE Expands Building Consultancy Capabilities in Germany with Addition of Project Management Specialists ​Los Angeles, 2014-8-4 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today announced it has closed the acquisition ofPreuss Gesellschaft mbH and its subsidiaries (“Preuss”), a leading provider of project management services in Germany. Preuss focuses on the project management of new real […]

CBRE Group, Inc. acquires specialized project management company Paragon Project Management Pty Ltd

Los Angeles, 2014-8-4 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired Paragon Project Management Pty Ltd, a leading specialized project management company. The acquisition materially strengthens CBRE’s position as a leader in corporate real estate services in the Pacific Region. Paragon’s national team of 26 professionals will be integrated with […]

CBRE Group, Inc. acquires CBRE Louisville

Los Angeles, 2014-8-4 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Louisville, a commercial real estate services firm that has served as CBRE’s affiliate in metropolitan Louisville, Kentucky and southern Indiana since 1996. CBRE | Louisville is one of the Louisville region’s leading providers of leasing, investment sales, […]

CBL & Associates Properties, Inc. and Horizon Group Properties, Inc. mark the opening of The Outlet Shoppes of the Bluegrass

LOUISVILLE, KY SHOPPING CENTER OPENS 100% LEASED CHATTANOOGA, TN and NORTON SHORES, MI, 2014-8-4 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) and Horizon Group Properties, Inc. (OTC: HGPI), announced today the grand opening of The Outlet Shoppes of the Bluegrass, which opened fully leased with 90 stores and eateries. The center opened to the […]

Foodstuffs: New Zealand’s largest food distribution centre expected to be complete by September 2014

Whakatane, New Zealand, 2014-8-4 — /EPR Retail News/ — When Foodstuffs South Island purchased the 13 hectare Hornby ‘Greenfields’ property in February 2011 it was with a view to develop the site into the key South Island distribution centre (DC) and future of supply chain for the South Island business. Construction at the site commenced in 2013 with the […]

Kingfisher announces the second instalment of its European Home Report

Rising energy prices are homeowners’ number one fear Home improvement increasingly seen as a way to add value LONDON, 2014-8-4 — /EPR Retail News/ — Kingfisher, the home improvement retailer whose businesses include B&Q and Castorama, has unveiled the second instalment of its European Home Report, two years on since the first:  a survey of 17,000 householders’ attitudes […]