Target CEO Brian Cornell announced several leadership roles in key areas to fuel digital transformation and enhance guest experience

Casey Carl elevated to Chief Strategy and Innovation Officer

MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — Target Corporation (NYSE: TGT) Chairman and Chief Executive Officer Brian Cornell today announced the elevation and expansion of several leadership roles in key areas across the enterprise, as the retailer continues to accelerate the business, fuel its digital transformation and enhance the guest experience.

“Today’s organizational announcements reflect our continued focus on the guest and our goal of delivering an extraordinary experience to ensure that Target not only meets but exceeds our guests’ expectations. With these changes, we are even better positioned to continue to drive the momentum in our business in 2015 and beyond,” said Cornell.

Strategy and Innovation
Casey Carl, president, omnichannel and senior vice president, strategy, will assume the role of chief strategy and innovation officer. With this move, Carl joins Target’s leadership team reporting to Cornell. Additionally, the retailer is creating a center of excellence under Carl’s leadership to accelerate and strengthen its data, analytics and business intelligence capabilities. This effort will be led by Paritosh Desai in the new role of senior vice president, Enterprise Data, Analytics and Business Intelligence.

Guest Experience
Jeff Jones, chief marketing officer, will take on the added responsibility of leading Target’s work in architecting the guest experience across all channels and touch points. Additionally, Jones will create and lead a new guest center of excellence, designed to enable the organization to develop a greater sense of advocacy and empathy for the guest in all of its business decisions.

Corporate Social Responsibility
To more closely align Target’s corporate social responsibility efforts and support of the communities in which it does business, Laysha Ward, president, Community Relations, becomes executive vice president, chief corporate social responsibility officer. Ward’s expanded organization will include the Community Relations, Global Affairs and Sustainability teams as well as Target Foundation.

Target.com and Mobile
To further drive the growth of mobile and e-commerce, Jason Goldberger has been named President, Target.com and Mobile. Goldberger joined Target two years ago from Gilt, where he launched a new Gilt Home site and grew the business by more than 40 percent, and his background also includes eight years at Amazon. Additionally, Dawn Block has been promoted to senior vice president, Target.com and mobile merchandising.

Investor Relations
In an effort to elevate the work of investor relations, John Hulbert has been named vice president, Investor Relations, and will continue to build engagement among investors and the financial community.

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.

An exclusive deluxe edition of Grammy Award-winning rock band Imagine Dragons’ new album Smoke + Mirrors available only at Target

MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — Multi-platinum, Grammy Award-winning rock band Imagine Dragons today announced that they will release their new album, Smoke + Mirrors, on February 17, 2015, via KIDinaKORNER/Interscope Records.

An exclusive deluxe edition available only at Target, which features four extra tracks and exclusive cover art, is available for pre-order beginning today on Target.com, and will go on sale in stores and on Target.com on February 17.

On Smoke + Mirrors, Imagine Dragons use the frenetic energy of life on the road to infuse their music with both raw tension and intense vulnerability. As on their double-platinum full-length debut Night Visions, the band works with sharply crafted beats and grooves to dream up rhythm-driven rock music that’s artful yet visceral. Also revealing the band’s dedication to keeping it homespun, Smoke + Mirrors marks the first release recorded in their new self-built home studio.

Formed in 2009, and featuring lead vocalist Dan Reynolds, guitarist Wayne Sermon, bassist Ben McKee, and drummer Daniel Platzman, Imagine Dragons quickly earned a grassroots following. With 2012’s Night Visions, the album debuted at No. 2 on the Billboard Top 200 Albums chart, sold nearly four million copies worldwide, and became the No. 1 album on Spotify Worldwide for 2013. Night Visions’ second single, the 9x-platinum “Radioactive,” hit No. 1 on the Billboard Rock chart and earned the band a 2014 Grammy for “Best Rock Performance.” It is the best-selling rock song in U.S. digital history. The third single, “Demons,” hit No. 1 at Alternative and Top 40 radio, and has sold 3.9 million copies in the U.S. The band has sold more than 24 million tracks worldwide.

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An exclusive deluxe edition of Grammy Award-winning rock band Imagine Dragons' new album Smoke + Mirrors available only at Target

An exclusive deluxe edition of Grammy Award-winning rock band Imagine Dragons’ new album Smoke + Mirrors available only at Target

Target: Unbeatable Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

Guests Will Find Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — With one week until Christmas, Target Corp.(NYSE: TGT) today announced that it will continue to offer guests unbeatable last-minute deals and free shipping on Target.com – where orders placed through Saturday, Dec. 20, can still be delivered by Christmas. After Saturday, guests can use Target’s Store Pickup option as a convenient way to make their last-minute purchases. On Christmas Eve, guests can place online orders for store pickup as late as 5 p.m. and have their items ready that day.

“We know our guests have a lot to tackle the week before Christmas and we want to make sure shopping remains fun and stress-free,” said Kathee Tesija, Chief Merchandising and Supply Chain Officer, Target. “From now until Christmas, we’re making it even easier for guests to complete their lists with great deals, free shipping through Dec. 20, and the latest cutoff for same-day store pickup we have ever offered on Christmas Eve.”

Last-Minute Deals

Over the next week, Target will offer unbeatable deals on top gifts in electronics, housewares, toys and more. Check target.com/weeklyad for further details. Some of the top deals from Dec. 21-24 include:

  • Magnavox 32” LED HDTV, $169.99, Reg. $219.99
  • Sony PlayStation 4, $399.99 with a free controller charger (a $19.99 value)
  • Samsung Galaxy 10” Tab 4 16GB tablet, $279.99, Reg. $349.99
  • Keurig 2.0 K400 brewer, $159.99 with a free $30 Target GiftCard
  • 30 percent off select video games and starter packs including Call of Duty Advanced Warfare, Disney Infinity Marvel and Skylanders Trap Team
  • 15 percent off select Disney Junior toys
  • New Bright Remote Control Jeep Mud Slinger, $20.00, Reg. $25.99

Cartwheel Offers

Cartwheel, Target’s mobile savings app, is offering its over 12 million users 50 percent off a different toy every day until Dec. 24. Also, from now until Christmas, Cartwheel will feature more than 150 offers at 25 percent off or more to help guests decorate their homes and complete their holiday shopping lists. Top deals include 15 percent off Sony PlayStation 4 bundles, 15 percent off iPad Air 2, 30 percent off newborn, infant, toddler and kids apparel and 40 percent off boots for the family.

Gift Cards

Target GiftCards are a perfect gift for anyone on the list and are available in denominations from $5 to $1,000. The gift card assortment is available in-store and online and includes 10 traditional gift cards with unique holiday themed designs and two GiftCards that incorporate lights, sounds and motion. Each year, approximately one-third of all Target GiftCards are sold between Black Friday and Christmas and the top time for gift card redemption is the five days following Christmas.

Holiday Shopping Hours

Target stores will continue to offer extended hours through the holiday season:

  • Dec. 16-20: 8 a.m. to 11 p.m. or 12 a.m.
  • Dec. 21-22: 8 a.m. to 12 a.m.
  • Dec. 23: 7 a.m. to 12 a.m.
  • Dec. 24: 7 a.m. to 9 p.m. or 10 p.m.
  • Dec. 25: Closed
  • Dec. 26: 7 a.m. to 10 p.m., 11 p.m., or 12 a.m.
  • Dec. 31: 8 a.m. to 9 p.m.

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.

Note: Target welcomes media to its stores. To contact your local store about shooting b-roll or photos or to request a local interview during the holiday season, please visit “Find a Store” at Target.com and contact the Leader on Duty.

For more information, visit Target.com/Pressroom.

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Target: Unbeatable Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

Target: Unbeatable Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

Russia’s largest food retailer “Magnit” announced the opening of the new “Magnit Family” stores

Krasnodar, RUSSIA, 2014-12-19 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the new “Magnit Family” stores.

Please be informed that today the Company has opened its 87th and 88th “Magnit Family” stores.

The 87th “Magnit Family” store is located at 91, Krasnoflotskaya street (“Niagara” shopping center), Stavropol, North Caucasian federal region. Assortment of the store consists of more than 7,000 SKUs, out of which about 93% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 9 am to 11 pm.

The 88th “Magnit Family” store is located at Rybatskaya street, Novorossiysk, Krasnodar krai, Southern federal region. Assortment of the store consists of about 8,900 SKUs, out of which about 89% are food items. There are 13 cash desks installed in the sales area. The outlet is owned by the Company.
The store is open 7 days a week from 9 am to 11 pm.

For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562

Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562

Company description:
Magnit is Russia’s largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891 convenience, 243 hypermarkets, and 886 drogerie stores) in approximately 2,000 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 million USD. Magnit’s local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor’s of BB. Measured by market capitalization, Magnit is one of the largest retailers in Europe.

Inter IKEA Group sold 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (IKEA Group)

Leiden, Netherlands, 2014-12-19 — /EPR Retail News/ — Inter IKEA Group has signed an agreement to sell its 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (also referred to as the IKEA Group).

Ingka Group already owns 49% of the shares of Inter IKEA Centre Group. The transaction will enable Ingka Group to bring their existing shopping centre business in Russia, and the Inter IKEA Centre Group businesses in Europe and China under one roof.

Ingka did earlier this year express an interest in buying Inter IKEA Centre Group, and a thorough due diligence has been performed by the buyer. After agreeing on the commercial terms, the parties have now signed an agreement.

– I believe that this transaction creates great opportunities to further develop and strengthen the shopping centre business, benefiting tenants and consumers in the retail centres, as well as co-workers, says Søren Hansen, CEO of Inter IKEA Group in a comment.

Inter IKEA Centre Groups operates 36 retail destinations, of which 31 are shopping centres, totalling 1.5 million square meters, and have a pipeline of some 12 retail destinations under development. The total assets under management are about euro 4 billion. The transaction takes place on December 31st 2014.

Inter IKEA Group media contact
Kristian Sjöholm, +32 486 040 963, kristian.sjoholm@inter-IKEA.com

Link to IKEA Group press release regarding the transaction

CBRE Group’s healthcare specialty group achieved 14 long-term contracts signed in 2014

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients.

Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and MemorialCare Health System.  CBRE also expanded several existing healthcare relationships in 2014. Most notably, CHRISTUS Health retained CBRE for one of the largest facilities management assignments in the industry during 2014, comprising 10.5 million square feet across Texas and Louisiana.

In addition, several hospitals across the U.S. selected CBRE Healthcare to provide master planning, project management or facility activation services. These include Children’s National Health System, Cherokee Indian Hospital Authority, Florida Hospital, Pardee Hospital and Baptist Health.

The healthcare industry continued to be transformed in 2014. Healthcare systems consolidated via mergers and acquisitions, repositioned themselves within their markets, and sought new ways to reduce operating costs while ensuring regulatory compliance.  To respond to this shifting environment, healthcare systems turned to CBRE to develop long-term solutions for facilities, capital projects and operational issues and to implement ambulatory care programs.

“Healthcare providers are increasingly seeking opportunities to optimize the performance of their real estate portfolio, while focusing their attention on providing the highest quality of patient care,” said Jim Hayden, Executive Managing Director of CBRE Healthcare.

CBRE now has more than 1,500 employees dedicated to providing services for the healthcare industry including specialists in design, planning, construction, brokerage, and facilities.  These experts have published industry articles and spoken before industry groups on opportunities to unlock real estate value in the evolving healthcare industry.

Today, CBRE provides real estate and facilities management services to approximately 90 major hospitals and healthcare systems and more than 10,600 physician practice groups throughout North America. 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.

For Further Information:

Robert Mcgrath
Director, Sr
T +1 212 9848267
email

CBRE Research’s survey: London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations

Three of Five Priciest Markets are in Asia; Five of 10 Fastest Growing Occupancy Cost Markets are in U.S.

Los Angeles, 2014-12-19 — /EPR Retail News/ — London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey. The study also found that prime rents are rising fastest in the Americas, where real estate fundamentals continue to improve. Overall, the U.S. accounted for five of the 10 markets with the fastest growing prime occupancy costs. These markets were Seattle (Suburban), San Francisco (Peninsula), Boston (Suburban), San Francisco (Downtown) and Seattle (Downtown).

London West End’s overall prime occupancy costs of US$274 per sq. ft. per year topped the “most expensive” list. Hong Kong (Central) followed with total prime occupancy costs of US$251 per sq. ft., Beijing (Finance Street) (US$198 per sq. ft.), Beijing (Central Business District (CBD)) (US$189 per sq. ft.) and Moscow (US$165 per sq. ft.) rounded out the top five.

The change in prime office occupancy costs mirrored the gradual, multi-speed recovery of the global economy. Global prime office occupancy costs rose 2.5 percent year-over-year, led by the Americas (up 4.1 percent) and Asia Pacific (up 2.8 percent). Meanwhile, EMEA was essentially flat, edging up 0.3 percent year-over-year.

“We expect the gradual recovery of the global economy to continue, leading to better hiring rates and further reduction in the availability of space across most markets over the near term,” said Richard Barkham, Global Chief Economist, CBRE. “In this environment, we expect occupancy costs to continue rising from current levels, further limiting options for occupiers. Technology, quality and flexibility are expected to increasingly come into consideration in space use and location decisions, as occupiers will seek to contain costs and improve productivity.”

CBRE tracks occupancy costs for prime office space in 126 markets around the globe. Of the top 50 “most expensive” markets, 20 were in EMEA, 20 were in Asia Pacific and 10 were in the Americas.

Europe Middle East & Africa (EMEA)
The Eurozone’s tepid economic recovery has held back occupier activity, resulting in static prime occupancy costs in most core European markets. The region’s 0.3 percent year-over-year increase in prime occupancy costs was primarily driven by buoyant conditions in U.K. cities, most Nordic markets, and the strong recovery of the Dublin office market. The main decreases have been in central European markets, such as Warsaw (down 1.6 percent), where the economies are relatively healthy but new supply has driven down rents. In only a few markets, notably Dublin (up 34.9 percent) and London, a robust recovery in occupier demand coincided with a lack of new supply.

In addition to London West End, other markets from the region on the global top 10 list were Moscow (US$165 per sq. ft.) and London City (US$153 per sq. ft.).

Asia Pacific
Asia Pacific had 20 markets ranked in the top 50 most expensive, including seven of the top 10—Hong Kong (Central), Beijing (Finance Street), Beijing (CBD), New Delhi (Connaught Place – CBD), Hong Kong (West Kowloon), Tokyo (Marunouchi Otemachi) and Shanghai (Pudong). Occupier activity in the region was largely driven by domestic corporations and companies in the technology, media and telecommunications sectors. Half the markets saw costs increase above 1 percent.

Hong Kong (Central) remained the only market in the world—other than London’s West End—with a prime occupancy cost exceeding $200 per sq. ft.

The most expensive market in the global ranking from the Pacific Region was Sydney (US$99 per sq. ft.), in 19th place.

Americas
In the U.S., where the economic recovery has firmly taken hold, strong leasing activity led to the highest level of quarterly net absorption since 2007, driving above-inflation increases in prime occupancy costs across all but one major U.S. market. Additionally, increasingly broad-based rising hiring rates have boosted demand for office space.

Eight North American markets recorded double-digit increases in prime occupancy costs in Q3 2014, and the top six growth markets in the Americas were all U.S. cities.

New York Midtown, the 11th most expensive market in the world, remained the most expensive Americas market, with a prime office occupancy cost of US$121 per sq. ft.

Rio de Janeiro remained the most expensive market in Latin America, posting an office occupancy cost of US$101 per sq. ft. and ranking as the 18th most expensive market globally.

Top 10 Most Expensive Markets
(In US$ per sq. ft. per annum)

Microsoft Word - Press release - POOC December 2014 FINAL.doc

Largest Annual Changes Occupancy Costs
(In local currency and measure)

Microsoft Word - Press release - POOC December 2014 FINAL.doc

 

Note: The full Top 50 Most Expensive Markets chart is located at the end of this press release.

Notes

  1. The Global Prime Office Occupancy Costs report is a survey of office occupancy costs for prime office space in 126 cities worldwide.
  2. The latest survey provides data on office rents and occupancy costs as of September 30, 2014.
  3. The Largest Annual Changes rankings are based upon occupancy costs in local currency and measure. The Most Expensive ranking is based upon occupancy costs in US$ per sq. ft. per annum.
  4. The figures given in this release refer to occupancy cost. This represents rent, plus local taxes and service charges. The occupation cost figures have also been adjusted to reflect different measurement practices from market to market.
  5. Due to methodology changes, comparisons with figures in previously released reports are not valid.
  6. To obtain a full copy of the report or to arrange to speak with a CBRE expert, please contact Robert McGrath (robert.mcgrath@cbre.com) or Corey Mirman (corey.mirman@cbre.com).

Top 50 Most Expensive Office Markets
(In US$ per sq. ft. per annum)

Microsoft Word - Press release - POOC December 2014 FINAL.doc

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.

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For Further Information:

Robert Mcgrath
Director, Sr
T +1 212 9848267
email

Corey Mirman
Specialist, Sr Communication
T +1 212 9846542
email

CBRE Group, Inc. acquired its affiliate commercial real estate services firm in Oklahoma and northwest Arkansas

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999.

CBRE | Oklahoma is one of the region’s leading providers of leasing, investment sales, property management and corporate services. The firm, led by co-founder Tom O’Brien and senior leaders Cary Phillips and Lori Bryant, has a staff of 180 and manages more than 18 million square feet in the region.

“Tom, Cary, Lori and their colleagues in Oklahoma and Arkansas have built this firm into a regional leader,” said Michael Caffey, Executive Managing Director, Texas Region, CBRE. “They also embrace our corporate values and commitment to delivering exceptional client outcomes. We look forward to working more closely than ever with the team to build advantage for our clients.”

Oklahoma is a growing business center in the Southwest and has been recognized for its favorable business climate. The energy, aerospace and defense contracting sectors have been strong growth drivers in the region.

“CBRE is a great fit for us both strategically and culturally,” said Tom O’Brien, CBRE | Oklahoma’s co-founder. “Fully integrating into CBRE’s premier global platform will allow us to expand the depth and breadth of the services we offer to our clients.”

Mr. O’Brien will join CBRE, focusing on strategic client relationships. Mr. Phillips will join CBRE as Managing Director, Brokerage Services, and Ms. Bryant will join as Managing Director, Asset Services. Also joining CBRE are CBRE | Oklahoma’s team of professionals and staff.

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.

“Safe Harbor” Statement Under the U.S. Private Securities Litigation Reform Act of 1995
Certain of the statements in this release regarding the acquisition of CBRE | Oklahoma that do not concern purely historical data are forward-looking statements within the meaning of the ”safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including, but not limited to, the ability of the parties to successfully integrate CBRE | Oklahoma with CBRE’s existing operations, as well as other risks and uncertainties discussed in CBRE’s filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release and, except to the extent required by applicable securities laws, CBRE expressly disclaims any obligation to update or revise any of them to reflect actual results, any changes in expectations or any change in events. If CBRE does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements, and risks to CBRE’s business in general, please refer to CBRE’s SEC filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2014. Such filings are available publicly and may be obtained off the Company’s website at www.cbre.com or upon request from the CBRE Investor Relations Department at investorrelations@cbre.com.

For Further Information:

Steve Iaco
Director, Sr. Managing
T +1 212 9846535
email

Robert Mcgrath
Director, Sr
T +1 212 9848267
email

PT. Matahari Putra Prima Tbk presents the new concept of Hypermart 7th Generation at Cyberpark, North Lippo Karawaci, Tangerang with 8,971 sqm gross area

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), the leading modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, proudly presents the new concept of Hypermart 7th Generation (G7), located at Cyberpark, North Lippo Karawaci, Tangerang, with a gross area of 8,971 sqm.

The G7 concept is the latest format of Hypermart. The new concept will feature updated fixtures, wider aisles, ease for customer navigation, expanded fresh area, plus eco-friendly LED lights and new exterior signage.

The Fashion & Beauty Centers are updated and expanded to capture the growing lifestyle of modern customers, while the Bakery, RTE (Ready to Eat), Fresh Food, Bulk Food, Home & Living sections feature larger assortments and new concepts.

The newest concept has embraced a lifestyle center concept, which is complimented with a variety of supporting tenants such as Matahari Department Store, restaurants, cafes, bank, and others.

Noel Trinder, Chief Executive Officer of MPPA stated “Hypermart G7 is a significant improvement in design format compared to previous generations and represents our hardwork and interpretation of evolving the Hypermart concept over a decade from its initial inception. The store offers excitement and new experiences in addition to maintaining the product at an affordable price. The layout and presentation is more dynamic and interesting.”

“Going forward, we are positioned to open approximately 20 new Hypermart per year and a goal to more than double our store network to ±260 outlets by 2020. In 2015, Hypermart will continue to expand with opening 20 new outlets across Indonesia. Additionally, we will renovate 10 existing Hypermart stores per year to adopt elements of the G7 concept. All of our new store openings in 2015 are ensured to adopt the modern features of our Hypermart G7 concept” he further added.

About PT Matahari Putra Prima Tbk (MPPA)
PT Matahari Putra Prima (MPPA) operates Hypermart, Foodmart and Boston Health & Beauty. Total 2013 Gross Sales amounted to Rp 12.6 Trillion (audited), a growth of 11.1% from 2012. Net Income 2013 amounted to Rp 445 Billion, which grew 85.8% from Rp 239 Billion in 2012. Hypermart has the widest store network among hypermarket operators in more than 60 cities ranging from Tanjung Balai (Medan) to Jayapura (Papua).

MPPA continues to receive both domestic and international acknowledgement with several awards such as: 2013 Retail Asia – Gold Award, 2011-2014 Superbrand Indonesia, 2013 Best of The Best 50 Performing Companies by Forbes Indonesia, Top Brand Awards, 2013 and 2014 Indonesia Most Admired Companies by Warta Ekonomi, 2013 Excellent Service Experience Award and 2013 Customer Satisfaction Award by Roy Morgan.

For further information, please contact :
PT. Matahari Putra Prima, Tbk
Danny Kojongian, Director Communications and Public Relations
Email: danny.kojongian@hypermart.co.id
Fernando Repi, Head of Public Relations
Mobile : 081511181187
Email : fernando.repi@hypermart.co.id
Website : www.hypermart.co.id

Hypermart awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for category of Social Disaster organized by Dompet Dhuafa

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, announced its core business, Hypermart, was awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for Category of Social Disaster organized by Dompet Dhuafa.

The award was given by Executive Director of Dompet Dhuafa, Yuli Pujihardi to Director of Communications & Public Relations MPPA, Danny Kojongian. The event was held in Jakarta on Wednesday (12/17/2014).

“MPPA is proud to receive the special award from Dompet Dhuafa. The award is a form of public appreciation of our commitment in terms of CSR (Corporate Social Responsibility). We will continue our efforts in various CSR programs that will be launched in 2015 and we are truly thankful for all the positive support”, said Danny Kojongian.

In addition to Hypermart, 19 other companies that were also received recognition for their positive contributions in developing and empowering education, health and environment, as well as economy.

About PT Matahari Putra Prima Tbk (MPPA)
PT Matahari Putra Prima (MPPA) operates Hypermart, Foodmart and Boston Health & Beauty. Total 2013 Gross Sales amounted to Rp 12.6 Trillion (audited), a growth of 11.1% from 2012. Net Income 2013 amounted to Rp 445 Billion,
which grew 85.8% from Rp 239 Billion in 2012. Hypermart has the widest store network among hypermarket operators in more than 60 cities ranging from Tanjung Balai (Medan) to Jayapura (Papua).

MPPA continues to receive both domestic and international acknowledgement with several awards such as: 2013 Retail Asia – Gold Award, 2011-2014 Superbrand Indonesia, 2013 Best of The Best 50 Performing Companies by Forbes Indonesia, Top Brand Awards, 2013 and 2014 Indonesia Most Admired Companies by Warta Ekonomi, 2013 Excellent Service Experience Award and 2013 Customer Satisfaction Award by Roy Morgan.

For further information, please contact :
PT. Matahari Putra Prima, Tbk
Danny Kojongian, Director Communications and Public Relations
Email: danny.kojongian@hypermart.co.id
Fernando Repi, Head of Public Relations
Mobile : 081511181187
Email: fernando.repi@hypermart.co.id
Website : www.hypermart.co.id

The Stop & Shop Supermarket Company LLC and Nabisco to support the Food Bank of the Hudson Valley in their efforts to provide meals this holiday season

Purchase, NY, 2014-12-19 — /EPR Retail News/ — Nabisco and The Stop & Shop Supermarket Company LLC joined forces today to support the Food Bank of the Hudson Valley in their efforts to provide meals this holiday season. Representatives from both organizations were on hand to donate thousands of pounds of Nabisco food items to the food bank’s warehouse in Cornwall-on- Hudson at a time of need for the holiday season.

1 in 6 residents of Hudson Valley struggle with hunger on a daily basis, and 1 in 4 children in the area may not know where their next meal is coming from. In the 6 counties served by the Food Bank of Hudson Valley, more than 60,000 people are requesting food assistance each week.

“The Food Bank is seeing record numbers of people in need of help this holiday season,” said Jan Whitman, executive director, Food Bank of the Hudson Valley. “This generous donation by Nabisco and Stop & Shop will help our food bank provide hundreds of meals to Hudson Valley families, making their holiday season a little brighter.”

“We are grateful to continue this partnership with Stop & Shop and the Food Bank of the Hudson Valley to help fight hunger in our local communities,” said Daniel Shiner, customer business lead, Nabisco. “The 10 pallets of Nabisco food products we’ve donated are the result of a joint effort across Stop & Shop stores in the New York Metro area. This is an important part of our joint mission and a collective effort to support those with food needs during the holidays and throughout the year.”

“We are proud to partner with Nabisco to raise more awareness in support of hunger relief efforts, particularly during the holidays,” said Arlene Putterman, Manager of Public and Community Relations for Stop & Shop New York Metro division. “With today’s generous donation, the Food Bank of the Hudson Valley can help brighten the holiday season for even more local families struggling to make ends meet.”

About Stop & Shop
The Stop & Shop Supermarket Company LLC employs over 59,000 associates and operates 395 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. The company helps support local communities fight hunger, combat childhood cancer and promote general health and wellness – with emphasis on children’s educational and support programs. In its commitment to be a sustainable company, Stop & Shop is a member of the U.S. Green Building Council and EPA’s Smart Way program and has been recognized by the EPA for the superior energy management of its stores. Stop & Shop is an Ahold company. To learn more about Stop & Shop, visit www.stopandshop.com or www.facebook.com/stopandshop.

About the Food Bank of the Hudson Valley
The mission of the Food Bank of the Hudson Valley is to alleviate hunger and prevent food waste. We work toward this mission by ensuring that all products available for donation reach the Food Bank and are distributed judiciously to our member agencies; by practicing responsible stewardship; and by actively participating in the community to increase awareness of hunger and poverty.

About Mondelez International
Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of $35 billion. Creating delicious moments of joy in 165 countries, Mondelez International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Cadbury, Cadbury Dairy Milk andMilka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum. Mondelez International is a proud member of the Standard and Poor’s 500, NASDAQ 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com and www.facebook.com/mondelezinternational.

Contacts:
Arlene Putterman
Stop & Shop NY Metro Division
(914) 251-2834
arlene.putterman@stopandshop.com

Carol Ann’s Bake Shop, Fisherman’s Net, Salsa’s and The Sausage Guy open at Stop & Shop McGrath Highway Somerville Store

7 Days a Week Customers Can Sit and Eat In or Purchase Meals To Go From Carol Ann’s Bake Shop, Fisherman’s Net, Salsa’s and The Sausage Guy

Quincy, MA, 2014-12-19 — /EPR Retail News/ — The Stop & Shop Supermarket Company LLC is now offering customers an exciting, varied assortment from four well-known local restaurants at the Somerville, MA Stop & Shop. Customers will have a place to sit and eat in or can order food to go from favorite local restaurants Carol Ann’s Bake Shop, Fisherman’s Net, Salsa’s and The Sausage Guy.

“This is a great opportunity to offer our customers a better shopping experience through a broader selection of restaurant quality foods prepared for our customers on the spot.” says Joe Kelley, president, Stop & Shop New England Division. “We’ve been local for 100 years and are excited to partner with other local brands that customers know and love.”

The restaurant area is located near the front of the store and is open seven days a week from 11am – 7pm.

All four restaurants will offer a variety of specialties:

  • Carol Ann Bake Shop, with a storefront at Faneuil Hall in Boston, will offer fresh pastries,
  • The Sausage Guy, a well-known Fenway Park vendor brings sandwiches of sausage, peppers and onions.
  • Fisherman’s Net, with a storefront at Faneuil Hall in Boston, will sell fried seafood, fresh cut fries, and chowder.
  • Salsa’s in South Boston and Hingham, will offer favorite Mexican dishes.

Store Hours

The Somerville Stop & Shop, located at 779 McGrath Highway, is open 6 a.m. – Midnight, seven days a week. For additional information please visit Stop & Shop’s web site at www.stopandshop.com orwww.facebook.com/stopandshop

About Stop & Shop
The Stop & Shop Supermarket Company LLC employs approximately 59,000 associates and operates 394 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. The company helps support local communities fight hunger, combat childhood cancer and promote general health and wellness – with emphasis on children’s educational and support programs. In its commitment to be a sustainable company, Stop & Shop is a member of the U.S. Green Building Council and EPA’s Smart Way program; and has been recognized by the EPA for the superior energy management of its stores. Stop & Shop is an Ahold company. To learn more about Stop & Shop, visit www.stopandshop.com or www.facebook.com/stopandshop.

Contact:
Annmarie Seldon
Stop & Shop New England Division
(617) 276-7756
aseldon@webershandwick.com

Hy-Vee CEO Randy Edeker presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award

WEST DES MOINES, Iowa, 2014-12-19 — /EPR Retail News/ — Hy-Vee, Inc. CEO Randy Edeker recently presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award to recognize them for excellence in customer service.

Hy-Vee’s Customer Experience Program, which began in fiscal year 2014, is designed to evaluate customers’ shopping experiences. Stores are rated by trained customer experience analysts several times a month in areas such as conditions, employee image and customer satisfaction.

“At Hy-Vee, being helpful, friendly and doing whatever it takes to ensure great customer experiences have been our top priorities for over 80 years. We created the Customer Experience Program to provide stores with constant analytical feedback on how they are performing so they can make improvements throughout the year,” said Paula Correy, executive vice president and chief customer officer of Hy-Vee. “The Customer Experience Award winners are leading their peers and setting the example for our entire company on customer service and store appearance.”

“We are proud of all our employees; but we are extremely proud of the teams in our stores that are receiving this honor and for the work they do every day to make our customers’ lives easier, healthier and happier,” Correy added.

Two stores from each of Hy-Vee’s three regions were recognized Dec. 10 for ranking the highest in their store category on the customer experience surveys. Stores were divided into two size categories — smaller than 50,000 square feet and larger than 50,000 square feet. Full- and part-time employees from each of the top-rated stores will receive a bonus for helping their store excel in customer experience.

2014 Hy-Vee Customer Experience Award Winners

Eastern Region Pella Hy-Vee 118 S.E. Ninth St.
Pella, Iowa
Store Director
Scott Johnson
Peru Hy-Vee 1651 Midtown Road
Peru, Ill.
Store Director
Doug Overlee
Northern Region Windom Hy-Vee 192 10th St.
Windom, Minn.
Store Director
Josh Grimes
Hilltop Hy-Vee 2010 Adams St.
Mankato, Minn.
Store Director
Dan Vondrak
Western Region Trenton Hy-Vee 1617 E. Ninth St.
Trenton, Mo.
Store Director
Steve Busch
Lenox Village Hy-Vee 7151 Stacy Lane
Lincoln, Neb.
Store Director
Scott Schlatter

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Hy-Vee, Inc. is an employee-owned corporation operating 235 retail stores across eight Midwestern states with sales of more than $8.7 billion annually. Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the United States. Supermarket News, the authoritative voice of the food industry, has honored the company with a Whole Health Enterprise Award for its leadership in providing services and programs that promote a healthy lifestyle. For more information, visit www.hy-vee.com.