Kesko intents to sell some of the store sites it owns to a joint venture to be set up instead of a real estate investment trust planned earlier

Helsinki, Finland, 2014-11-28 — /EPR Retail News/ — Kesko continues the preparation of a real estate arrangement. The intention is to sell some of the store sites it owns to a joint venture to be set up instead of a real estate investment trust planned earlier. The arrangement is expected to be implemented during the first […]

John Lewis plc priced the issue of £300,000,000 4.25% bonds due 2034 in the wholesale institutional bond markets

LONDON, 2014-11-28 — /EPR Retail News/ — John Lewis plc announces that it has today priced the issue of £300,000,000 4.25% bonds due 2034 (the “Bonds”) in the wholesale institutional bond markets. The bonds are expected to be issued on 4 December and to be listed on the Official List and admitted to trading on […]

“Magnit” announces the opening of its 181st hypermarket and 76th “Magnit Family” store

Krasnodar, Russia, 2014-11-28 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of a new hypermarket and a “Magnit Family” store. Please be informed that today the Company has opened its 181st hypermarket and 76th “Magnit Family” store. The 181st hypermarket (small format) is […]

Russia’s largest retailer “Magnit” announces the opening of the 1000th drogerie store

Krasnodar, Russia, 2014-11-28 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces the opening of the 1000th drogerie store. Please be informed that today the Company opened its 1000th drogerie store located at 18/1 Pavshikh Bortsov street, Mishkino village, Kurgan oblast. This is the first “Magnit Cosmetic” store in this location. […]

PHILIPPINES: SM Lifestyle Entertainment, Inc., brings the country’s first ever tournament of tennis giants at the Mall of Asia Arena on November 28 to 30

Pasay City, Philippines, 2014-11-28 — /EPR Retail News/ — The countdown begins as SM Lifestyle Entertainment, Inc., the lifestyle and entertainment solutions arm of SM Prime Holdings, Inc., is set to bring the country’s first ever tournament of tennis giants at the Mall of Asia Arena on November 28 to 30. Hot on the heels of […]

Target Corporation kicked off the holiday season with strong early start to Black Friday weekend

Crowds Line Up at Stores Coast-to-Coast; Online Sales Break Records MINNEAPOLIS, 2014-11-28 — /EPR Retail News/ — Target Corporation (NYSE: TGT) kicked off the holiday season with a strong early start to Black Friday weekend, as guests across the U.S. shopped early deals and turned out for the 6 p.m. store openings. In addition, the company’s free […]

Loraine Woodhouse to join the Board of John Lewis Partnership plc on 1 December 2014 as Acting Group Finance Director

LONDON, 2014-11-28 — /EPR Retail News/ — The John Lewis Partnership announces that Loraine Woodhouse is to join the Board of John Lewis Partnership plc on 1 December 2014 as Acting Group Finance Director. The Partnership announced on 17 November 2014 that Helen Weir, the Partnership’s Finance Director, had tendered her resignation with a six […]

Argos predicts UK mobile shopping frenzy this year with more visits than ever to its website and apps on ‘Cyber Monday’

Milton Keynes, UK, 2014-11-28 — /EPR Retail News/ — As one of the biggest shopping weekends of 2014 approaches, leading online retailer Argos is predicting a UK mobile shopping frenzy this year with more visits than ever to its website and apps on ‘Cyber Monday’ coming from shoppers using smartphones and tablets. With Christmas shopping […]