Rite Aid Corporation announces Physician Direct ACO as the latest healthcare provider to join its Rite Aid Health Alliance initiative

Member Physicians, Rite Aid Pharmacists and Special Care Coaches to Provide Personalized, Community-Based Health Management to Chronic and Poly-Chronic Patients

CAMP HILL, Pa., 2014-11-12— /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) has announced Physician Direct ACO, based in Sylvan Lake, Mich., as the latest healthcare provider to join its Rite Aid Health Alliance initiative. Through Rite Aid Health Alliance, physicians, Rite Aid pharmacists and special care coaches provide comprehensive care and support to individuals with chronic and poly-chronic health conditions, helping them achieve health improvement goals established by their physicians.

“Since launching our Rite Aid Health Alliance program, we’ve received positive feedback from our physician partners, care coaches, pharmacists and patients alike,” said Robert Thompson, Rite Aid executive vice president of pharmacy. “As we continue to expand Rite Aid Health Alliance, we are excited to announce Physician Direct ACO as our latest Rite Aid Health Alliance partner and to be working with them to improve the health and wellbeing of the chronic and poly-chronic patients in northern Oakland County.”

Rite Aid’s Health Alliance integrated care model is a first for the drugstore industry, because it uniquely leverages the combined expertise of community pharmacists, who are one of the most accessible and trusted resources among healthcare providers, along with specially trained in-store care coaches. Physicians can refer patients who they feel would benefit from additional coaching in areas such as medication management and meal and exercise planning. All members of the care team will communicate regularly with physicians in a true partnership to improve patients’ overall health.

“Through Rite Aid’s Health Alliance program, we’ll be able to further our mission of being a leader in the delivery of high quality and cost effective healthcare,” said Rodger Prong, Physician Direct ACO executive director. “By working closely with Rite Aid pharmacists and care coaches, physicians will be in an even greater position to help their patients successfully manage their condition and achieve desired health outcomes.”

Through Rite Aid Health Alliance, patients with chronic conditions, such as congestive heart failure, COPD, high cholesterol and diabetes, are recommended to the program by their primary care physician. Rite Aid pharmacists and specially trained care coaches, located in Rite Aid pharmacies, work with the physician and patient on an on-going basis to improve the patient’s overall health and self-management abilities. The care team members collaborate with the patient to establish health goals, eliminate barriers and create a personalized health care action plan in coordination with the patient’s physician.

Rite Aid previously announced that it is piloting Rite Aid Health Alliance partnerships with High Point, N.C.-based Cornerstone Health Care; Glendale, Calif.-based Apollo Medical Holdings, Inc. (“ApolloMed”); Greater Buffalo United Accountable Healthcare Network of Buffalo, N.Y.; Penn State Hershey Health System of Hershey, Pa.; and Heritage Provider Network based in Marina Del Rey, Calif.

In these markets at select Rite Aid pharmacies, Rite Aid provides the care coaches on the team through its wholly owned subsidiary Health Dialog, a leading provider of healthcare patient support, analytics and decision support. Health Dialog coaches will be available in Rite Aid pharmacies, and specialize in behavior change to help patients address lifestyle health issues.

The full range of services available to patients participating in Rite Aid Health Alliance includes medication compliance support; comprehensive medication reviews and reconciliation; nutrition and weight management information; disease education; exercise coaching and tobacco cessation support. Records of all interactions, which occur in Rite Aid pharmacies, as well as updates from the physician, are stored electronically, along with patient profiles including medications and lab results. This supports continuity of care and provides convenient access of information to other members of the patient’s healthcare team.

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.

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Contact:

Investors: Matt Schroeder 717-214-8867 or investor@riteaid.com

Media: Ashley Flower 717-975-5718

Meijer to double match every customer’s $10 Simply Give donation made Nov. 14-15 to restock the shelves of its food pantries for the holiday season

Retailer’s double match turns a $10 donation into $30 program from Nov. 14-15

GRAND RAPIDS, Mich, 2014-11-12— /EPR Retail News/ — Meijer will double match every customer’s $10 Simply Give donation made Nov. 14-15 in an effort to restock the shelves of its food pantries in time for the holiday season.

Although the holiday campaign runs through Jan. 3, the Grand Rapids, Mich.-based retailer plans to distribute a first installment donation to each of its participating food pantries before the holidays begin so the families they serve have the food they need.

“We are very appreciative of the generosity our customers and team members have shown this year, and we are looking forward to partnering with them again during the holiday Simply Give campaign to help feed our hungry neighbors,” Co-Chairman Hank Meijer said. “Hunger is a problem that continues to increase in all of our communities, and no one deserves to go without.”

The Grand Rapids, Mich.-based retailer began its Simply Give program in November 2008 as a way to help local food pantries throughout the Midwest achieve their missions of feeding hungry families. Since then, the program has generated nearly $12 million for those partners to restock their shelves and feed hungry families.

But, more importantly, those donations stay local, said Janet Emerson, executive vice president of retail operations for Meijer.

“We know how important it is to our customers that their generous donations remain in their local communities,” Emerson said. “That’s why each of our stores partner with a local food pantry during the Simply Give campaigns.”

During each Simply Give campaign, customers are encouraged to purchase $10 Meijer Food Pantry Donation Cards that are then converted into Meijer food-only gift cards and given to the food pantry selected by the store. The holiday campaign will run through Jan. 3.

Simply Give Double Match Days held Nov. 14-15 will stretch those donations even further: For every $10 donation card purchase, Meijer will give $20 to the program, resulting in a total $30 donation.

Customers can find the donation cards on fixtures near the checkout; they will also be near the Meijer Taste of the Holidays in-store sampling stations Nov. 15.

To view a video that further explains the Simply Give program, and other Meijer hunger relief efforts, please visit http://newsroom.meijer.com/meijer-simply-give.

About Meijer Philanthropy
Meijer is a family-owned retailer based in Grand Rapids, Mich. with a fundamental philosophy aimed at strengthening the communities it serves. Meijer proudly donates more than 6 percent of its net profit each year to charities throughout the Midwest. With hunger as a corporate philanthropic focus, Meijer partners with hundreds of food banks and pantries through its Simply Give and food rescue programs. Meijer also supports education, disaster relief, and health and wellness initiatives. For additional information on Meijer philanthropy, please visit www.meijercommunity.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact: Christina Fecher, 616-735-7968, christina.fecher@meijer.com

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Meijer announces aggressive pricing on Thanksgiving turkeys: As low as 54 cents per pound

More reasons to be thankful: Turkeys priced as low as 54 cents per pound

GRAND RAPIDS, Mich., 2014-11-12— /EPR Retail News/ — Meijer is once again announcing aggressive pricing on turkeys that are expected to lead the Midwest in low-price Thanksgiving turkeys.

“A Thanksgiving meal isn’t complete without the turkey, and with these great prices, Meijer wants to ensure that our customers can provide their families with the best holiday experience,” said Jerry Suter, vice president of fresh merchandising. “Not only is Meijer able to deliver a delicious meal to our customers, but we’re able to do so at a tremendous value.”

When a Meijer customer spends $20, their purchase of any fresh or frozen turkey – regardless of brand or size – will be 50 percent off. The discount on frozen turkeys is going on now through Thanksgiving Day, while the discount on fresh turkeys will begin Nov. 16 and run through Thanksgiving Day.

That means Meijer brand frozen turkeys will be priced at 54 cents per pound, and Meijer brand fresh turkeys will cost 98 cents per pound.

Meijer is just as committed to variety – offering more than a dozen varieties of the holiday bird in varying sizes, ensuring there is something for everyone. Last year, the Grand Rapids, Mich.-based retailer sold 700,000 turkeys.

“But the savings don’t stop there,” Suter said. “We have all the staples to help our customers make a memorable – and affordable – Thanksgiving meal to share with family and friends.”

Meijer is once again preparing for high sales of premade Thanksgiving dinners for those who want the traditional holiday meal without the time spent in the kitchen. Customer demand for premade meals at Thanksgiving is a trend that has been growing for the last several years for individuals looking for convenience or as a great gifting solution by companies, clubs and organizations.

A deluxe turkey dinner costs $49.99 and includes a 10-12 pound prebaked turkey, home-style stuffing, roasted turkey gravy, cranberry walnut relish, mashed potatoes and green bean casserole. A deluxe ham dinner costs $49.99 and includes a 7-9 pound spiral ham, green bean casserole, mashed potatoes, roasted turkey gravy and cranberry salad. Both deluxe dinners can feed between 8-10 people.

While Meijer will work to accommodate any customer request, deli team members encourage customers to place orders for those premade dinners 24 hours in advance to ensure availability.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 213 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 apparel departments, garden centers and electronic 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.

Contact: Christina Fecher, 616-735-7968, christina.fecher@meijer.com

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Meijer announces aggressive pricing on Thanksgiving turkeys: As low as 54 cents per pound

Meijer announces aggressive pricing on Thanksgiving turkeys: As low as 54 cents per pound

 

Price Chopper: The Golub Corporation to modernize Market 32 stores following the launch of its new banner

‘Market 32’ Will Modernize and Enhance the Shopping Experience

SCHENECTADY, NY, 2014-11-12— /EPR Retail News/ — The Golub Corporation today unveiled a new banner for its stores – Market 32 – and promised the new brand would change food shopping for its customers by modernizing its stores and offering new services and products. Market 32 stores will begin rolling out across the chain’s six-state footprint this spring.

“Market 32 represents the next leap forward for our company. We have evolved from the Public Service Market to Central Market to Price Chopper by responding to customers’ changing needs over time and Market 32 is the next natural progression for us,” said Neil Golub, Price Chopper’s executive chairman of the board. “Early learnings gleaned from our Market Bistro concept store have put our next generation in an excellent position to make this move today.”

Initially, three Price Chopper stores are being converted into Market 32 stores: Shopper’s World in Clifton Park, N.Y.; Wilton, N.Y.; and Pittsfield, Mass. The first “ground up” Market 32 will be built in Sutton, Mass. beginning on November 12, 2014. A second wave of conversions will begin over the next 18 months and encompass another 10 to 15 stores. More than half of the 135-store chain will be converted within five years. In total, the investment in this phase of the evolution will be more than $300 million.

“Market 32 combines what we are hearing from our customers and what we are learning at Market Bistro with some of the best thinking in the retail industry, and will focus on delivering a distinctively different shopping experience to our customers. Our stores will meet customers’ needs today and for decades to come. Most importantly, though, we will continue to offer great value for great food and service,” said Jerel Golub, Price Chopper’s president and CEO.

The new stores will have expanded food service options, an enhanced product mix and a re-emphasis on customer service. More details about the many differences in the new concept will be unveiled in the coming months as store conversions begin.

Key elements of the savings platform currently in Price Chopper stores will be incorporated into Market 32, such as Price Chopper brand products, AdvantEdge card savings, weekly features and special promotions, the Fuel AdvantEdge program, double coupons and e-coupons.

“This is not merely about beautifying our Price Chopper stores. It is a complete refocus of our company on the core values that our customers are looking for in a store. We will be re-engineering nearly every facet of the store, beginning with the name but extending into our marketing, product selection, services offered and customer focus,” said Jerry Golub. “Our investment in this transformation reflects not only the position of strength from which we take this calculated risk, but our determination to set a new and higher more customer-focused standard that will engage and inspire shoppers for decades to come.”

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About The Golub Corporation: Based in Schenectady, NY, the Golub Corporation owns and operates 134 Price Chopper and Market 32 grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American owned, family-managed company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub’s 22,000 teammates collectively own more than 47% of the company’s privately held stock, making it one of the nation’s largest privately held corporations that is predominantly employee-owned. For additional information, visit www.pricechopper.com

Contact:
Mona Golub
The Golub Corporation
518-379-1480
Jonathan M. Pierce, APR
Pierce Communications
518-221-1186
jon@albanypr.com

 

Best Buy’s Black Friday “doorbuster” deals: 5 p.m. on Thanksgiving, Nov. 27 and 8 a.m. on Black Friday Nov. 28

WASHINGTON, DC, 2014-11-12— /EPR Retail News/ — Best Buy customers will have two opportunities to secure Black Friday “doorbuster” deals and get a jump on their holiday shopping.

More than 1,000 Best Buy stores in 47 states will open at 5 p.m. local time on Thanksgiving, Nov. 27, to give shoppers an early chance to take advantage of Black Friday deals. Nearly all stores will remain open until 1 a.m. local time on Friday, Nov. 28.

Stores will reopen at 8 a.m. local time on Nov. 28 and close at 10 p.m. that day. Our stores will be open from 9 a.m. until 10 p.m. on Saturday, Nov. 29, and from 11 a.m. until 8 p.m. on Sunday, Nov. 30.

Best Buy will begin selling “doorbuster” deals at 5 p.m. local time on Thursday before offering a second set of different “doorbusters” at 8 a.m. on Friday. Customers have already begun lining up outside of some Best Buy stores in preparation.

For customers who prefer to shop without leaving their home, BestBuy.com will provide a number of opportunities for great deals. There will be online-only “doorbuster” deals all day on Thanksgiving. In addition, there will be deals available all day Thursday and Friday on BestBuy.com.

Deals will be available on many of the best brands and products customers truly want. Some of the hottest deals include:

  • A Best Buy exclusive Samsung 55” LED Ultra HD Smart TV for $899.99, the lowest price we have ever offered on a Samsung UHD Best Buy GoPro HERO3+ Silver Editiontelevision of this size.
  • Panasonic 50” LED 1080p HDTV for $199.99, a Best Buy exclusive
  • $100 off on all iPad Air 2 models
  • Beats Solo headphones for $79.99, a savings of $90
  • GoPro Hero 3+ Silver action camera for $249.99, a $50 savings.
  • Nest smart thermostat for $199.99, a savings of $50
  • The Dyson DC44 origin cordless stick bagless vacuum will be available for $219.99, $180 off of the regular price of $399.99.
  • A number of PlayStation 4 and Xbox One games including NBA 2K15, Madden 15 and FIFA 15 will be 50 percent off and available for $29.99

While we recognize the decision to open on Thanksgiving affects Best Buy employees, customers have made it clear that many of them want to Best Buy Beats by Dr. Dre Headphonesbegin shopping on Thanksgiving evening. In recent years, millions of Americans have shopped on Thanksgiving, and our store associates are excited and prepared to help customers fulfill their holiday wish lists. Most Thanksgiving evening shifts are filled by employees who volunteer to work. All hourly store employees who work on Thanksgiving will, of course, receive holiday pay.

Because of laws in Maine, Massachusetts and Rhode Island, stores in those states will not open until Black Friday. Our five stores in Maine will open at 12:01 a.m. on Nov. 28. Our 26 stores in Massachusetts and our Rhode Island store will open at 1 a.m. on Nov. 28. Our three Best Buy stores in Puerto Rico will also open at 12:01 a.m. on Nov. 28.

A small number of additional locations across the country might have varied hours because of county or municipal laws. Best Buy and Best Buy Mobile stores located in shopping malls might have their hours adjusted based on the operating hours of the mall. Best Buy Mobile stores not located in malls will open at 5 p.m. on Thanksgiving.

Click to see the front page of the ad.

CBRE Group, Inc. to provide integrated real estate services for Southern California’s highly respected MemorialCare Health System

Los Angeles, 2014-11-12— /EPR Retail News/ — CBRE Group, Inc. has been selected to provide integrated real estate services for Southern California’s highly respected MemorialCare Health System.

Under the multi-year contract, CBRE Healthcare will provide MemorialCare with services including Strategic Real Estate Planning, Property Management, Transaction Management, Lease Administration and Real Estate Accounting for the system’s outpatient portfolio of 85 locations and 1.6 million sq. ft.

MemorialCare Health System, with facilities in Los Angeles and Orange Counties, is gaining national prominence for documented distinction in health care delivery.  The healthcare system selected CBRE Healthcare for its ability to create a system-wide real estate platform with best-in-class processes.  As healthcare evolves, MemorialCare is focused on its core business and is partnering with CBRE to ensure their real estate portfolio will support future patient care as efficiently and economically as possible.

“Hospital executives are seeking innovative real estate strategies, while working hard to ensure their facilities footprint matches the needs of their customers—where and how they want their care delivered,” said Jim Hayden, Executive Managing Director for CBRE Healthcare. “We are confident our work with MemorialCare will provide an excellent environment for MemorialCare’s medical staff to deliver the highest standard of patient care.”

CBRE Healthcare provides a full spectrum of real estate services to more than sixty major healthcare systems and manages the leases of more than 8,300 physician practice groups throughout North America. CBRE Healthcare’s portfolio is comprised of 109 million sq. ft. of inpatient, outpatient, medical office and support space facilities.  For more information, visit www.cbre.com/healthcare.

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.

About MemorialCare
MemorialCare Health System is a nonprofit integrated delivery system that includes six top hospitals – Long Beach Memorial, Miller Children’s & Women’s Hospital Long Beach, Community Hospital Long Beach, Orange Coast Memorial, and Saddleback Memorial Laguna Hills and San Clemente; medical groups – MemorialCare Medical Group and Greater Newport Physicians; a health plan – Seaside Health Plan; and numerous outpatient health centers, imaging centers and surgery centers throughout Orange County and Los Angeles County.

For Further Information:

Robert Mcgrath
Director, Sr
T +1 212 9848267
email
Susan Wadsworth
Director, Marketing
T +1 804 3430173
email

CBL & Associates Properties, Inc. announces the opening of the expansion at Fayette Mall in Lexington, KY

Lexington’s premier shopping destination showcases new offerings
and heralds start of the holiday season

CHATTANOOGA, Tenn., 2014-11-12— /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL), announced the opening of the expansion at Fayette Mall in Lexington, KY. Designed to significantly enhance the offerings at the shopping center, the redevelopment of the former Sears location included expanding the mall entrance to create 115,000 square feet of new retail space for a mix of fashion stores, home furnishings and fine dining options in the heart of the shopping center. New retailers include The Cheesecake Factory, H&M, Eddie Bauer, Oakley, Clarks, Swarovski, Janie and Jack, Jos. A. Bank, Altar’d State, L’Occitane, Vera Bradley, and Zales. Michael Kors and Brighton Collectibles also opened new stores at the shopping center within the past month. Additional stores and restaurants such as Pink, Island Purveyor featuring Tommy Bahama, New Balance, Newk’s, Chipotle and Travinia Italian Kitchen are under construction and will soon be joining Fayette Mall in early 2015.

“The expansion of Fayette Mall allows us to further the tremendous growth of one of our most successful and productive centers as well as reinforce its dominant position in the market,” said Stephen Lebovitz, president and chief executive officer, CBL & Associates Properties, Inc. “The mall continually maintains a full occupancy rate, and the queue of retailers interested in joining the center is growing. We are pleased to introduce a number of new retail names to the market like The Cheesecake Factory and H&M which demonstrates our commitment to continually enhance our properties.”

Fayette Mall is a 1.4 million square-foot super regional mall featuring more than 150 specialty stores and eateries and is anchored by Dillard’s, Macy’s, JCPenney and Dick’s Sporting Goods. For more information visit ShopFayette-Mall.com or facebook.com/FayetteMall.

Businesses interested in obtaining leasing information about Fayette Mall should contact Travis Farren, Regional Director of Leasing, by telephone at 423.490.8360 or by email: travis_farren@cblproperties.com.

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. The properties are located in 30 states and total 84.2 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com

CBL contact: Dan Summerlin, Director of Corporate Relations, 423.490.8315, dan_summerlin@cblproperties.com
Fayette Mall contact: Sandy Heymann, Regional Director of Marketing, 859.272.3495, sandra_heymann@cblproperties.com.

Foodstuffs: Yersinia pseudotuberculosis not detected in the Living Foods property and processing plant following test carried out by AsureQuality

Foodstuffs has today announced the results of testing carried out by independent laboratory AsureQuality. Results have confirmed that Yersinia pseudotuberculosis was not detected in any of the samples taken from the Living Foods property and processing plant.

AUCKLAND, New Zealand, 2014-11-12— /EPR Retail News/ — “Multiple soil samples were taken from the quarantined paddock and across the farm, all of which failed to detect an evidence of Yersinia pseudotuberculosis. In addition, samples of irrigation and processing water, and swabs from the processing plant and final product tests also failed to detect any presence of Yersinia pseudotuberculosis,” says Antoinette Shallue, Corporate PR Director, Foodstuffs New Zealand Ltd.

“The outcome of our internal audit of the Living Foods processing facility and farm has indicated that they have a high level of food safety compliance and good farm management practices in place. There were no uncontrolled practices, conditions or incidents which could have contributed to or led to the food poisoning outbreak.”

Based on the outcome of the audit and the negative sample analysis results which couldn’t find any evidence of Yersinia pseudotuberculosis in the samples or products tested at Living Foods, Shallue confirms that Foodstuffs now has a high level of confidence that there is no risk of contamination from any product sourced from Living Foods.

“We are confident in the ongoing supply of all products originating from Living Foods and we have reached the conclusion that there was either no contamination at the source or the food safety protocols in place with our supplier were working as required to eliminate such common environmental organisms,” says Shallue. “We are pleased to be able to confirm to our customers that all Pams lettuce products sold in our stores are safe and the scientific testing results have proved this.”

SM Investments Corporation Chairman Henry Sy, Sr. awarded a Lifetime Achievement Award by CNBC at the St Regis hotel in Singapore

Pasay City, Philippines, 2014-11-12— /EPR Retail News/ — Henry Sy, Sr., Chairman of SM Investments Corporation (SM) and founder of the 56-year old company was awarded by top CNBC officials a prestigious Lifetime Achievement Award at a well-attended ceremony at the St Regis hotel in Singapore.

Known as the Father of Philippine Retail, Sy successfully built SM into the industry’s most dominant player in the country by adopting a highly progressive and innovative approach in expanding the retail business. With his vision, passion and hard work, Sy transformed his company, Shoemart, from a humble shoe retailing business, into SM, now a highly recognizable brand and icon owned by one of the Philippines’ largest conglomerates with interests and presence in retail, banking, and property.

SM Vice Chairperson Teresita Sy-Coson who received the award on behalf of her father said, “We are very happy that our father was recognized beyond the Philippines. What makes him happy, makes us also very happy. On behalf of my father and the rest of the family, thank you for this award.”

CNBC pioneered the Asia Business Leaders Awards (ABLA) in 2001 to recognize regional business leaders for their commitment to excellence, and to develop best practices and innovative strategies. ABLA distinguishes and honors leaders who have contributed and shaped the Asian economy, and are visionaries behind today’s outstanding businesses.

Winners of the Awards exemplify the best in leadership. They epitomize the core values of a successful leader which include: strength, innovation, ingenuity, knowledge and foresight – values that are believed to be imperative to carve out sustainable and successful businesses in the global economy.

Past winners of CNBC’s prestigious awards include Ratan Tata of India’s Tata Sons & Tata Trusts, Khun Dhanin Chearavanont, Chairman & CEO of Thailand’s C P Group, N R Narayana Murthy, Chairman of India’s Infosys and Gordon Wu, Chairman of Hong Kong’s Hopewell Holdings.

The corporate winners are judged by an independent panel comprising CNBC’s knowledge partner, The University of Chicago Booth School of Business, our research partner Development Dimensions International and CNBC management.

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About SM Investments Corporation
SM Investments Corporation (SM) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SM has evolved into one of the highly respected companies in the country owing to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.

SM’s retail operations enjoy a strong brand franchise consisting of The SM Store and its food retail chains namely SM Supermarket, SM Hypermarket, Savemore and WalterMart stores. SM’s property arm, SM Prime Holdings, Inc. is among the largest integrated property developers in the Philippines with interests in mall, residential, commercial and tourism development. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest and in China Banking Corporation (China Bank), the fifth largest. Combined, these two banks have a network of over 1,000 branches nationwide.

For further information, please contact:

Elizabeth S. Lacson
SM Investments Corporation
E-mail: elizabeth.lacson@sminvestments.com
www.sminvestments.com

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SM Vice Chairperson Teresita Sy-Coson receives the Lifetime Achievement award  from CNBC on behalf of her father, Henry Sy, Sr.

SM Vice Chairperson Teresita Sy-Coson receives the Lifetime Achievement award from CNBC on behalf of her father, Henry Sy, Sr.

Target Corp. announces the appointment of Jacqueline Hourigan Rice as senior vice president, chief risk and compliance officer

MINNEAPOLIS, 2014-11-12— /EPR Retail News/ —  Today, Target Corp. (NYSE: TGT) announced it has hired Jacqueline Hourigan Rice as senior vice president, chief risk and compliance officer.

Rice joins Target effective December 1 and will report directly to Brian Cornell, chairman of the board and chief executive officer of Target. In addition, the company is elevating the position to include centralized oversight of enterprise risk management, compliance, vendor management and corporate security under her leadership.

Rice comes to Target from General Motors Company where she was most recently the chief compliance officer. Her 17-year-career with the company included key global leadership roles in areas that included ethics, compliance and data privacy.

“Earlier this year, Target stated our commitment to overhaul our information security and compliance structure and practices, and with that came the need to elevate the role of key positions in the company,” said Cornell. “Jackie is a proven leader with solid global experience and I know she has what it takes to help us move forward in this complex and ever-changing environment.”

“Throughout the process I was struck by the unwavering commitment and incredible talent across Target, and I am thrilled to begin this next chapter of my career,” said Rice. “I look forward to shaping the company’s vision on compliance and risk for the future.”

Earlier this year, Target announced that the company was overhauling information security and compliance which included external searches for leaders in those areas.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,934 stores – 1,801 in the United States and 133 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow@TargetNews on Twitter.

media hotline

e: email
p: (612) 696-3400

We strive to return all media inquiries within one business day.

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Jacqueline Hourigan Rice, Senior Vice President, Chief Risk and Compliance Officer

Jacqueline Hourigan Rice, Senior Vice President, Chief Risk and Compliance Officer