John Lewis to open new 638,000 sq feet distribution centre in Milton Keynes

MILTON KEYNES, UK, 2015-2-6 — /EPR Retail News/ — John Lewis has announced that it will open a new distribution centre (DC) in Milton Keynes, to support the growth of its omnichannel business in both shops and online.

John Lewis has signed a 25-year lease on the 638,000 sq feet warehouse. The DC will support the retailer’s existing distribution centre (DC) at Magna Park which opened in 2009, and the adjacent Magna Park 2, which will be fully operational in 2016.

The move is part of the omnichannel retailer’s plans for improvements in productivity, availability and customer service as well as supporting its expansion plans. Recognising shopping habits are changing and with omnichannel giving shoppers more choices than ever before, the retailer is strengthening its distribution network to ensure it continues to deliver a coordinated and convenient shopping experience to its customers.

The new DC will be responsible for large furniture and electricals and home furnishings, while Magna Park one and two, will be responsible for handling smaller products such as iPads and accessories and hanging garments respectively.

Distribution Partners located at four of John Lewis’s existing sites today received the proposal to relocate to either the new DC or to another of the retailer’s operations in Milton Keynes. This includes 239 Partners at three Milton Keynes sites, 8 Partners from Stevenage and 37 Partners from Carlisle. Each of the Partners will be offered a new role at the new site or our other operations in Milton Keynes.

Dino Rocos, Operations Director at John Lewis, said: ‘As customers shopping habits evolve so too does our operational business model. The new DC will enable us to better respond, react and fulfil omnichannel shopping experiences be it via phone, tablet, desktop or visiting a shop.

‘For the supply chain this means improving availability. Our new Milton Keynes DC will complement our two Magna Park sites and provide us with the space to continue to build on the improvements we have made in providing better service to our shops and customers.

‘We recognise the high level of talent and valuable experience that currently exists with our Partners across the sites that we propose to relocate and every Partner will be guaranteed a new role at our new DC.’

Notes to editors

John Lewis – John Lewis operates 43 John Lewis shops across the UK (31 department stores, ten John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as johnlewis.com. It is part of the John Lewis Partnership, the UK’s largest example of worker co-ownership and all 30,000 John Lewis staff are Partners in the business. John Lewis, ‘Multichannel Retailer of the Year 2014’¹ , ‘Best Overall Retailer’² and ‘Best Retailer 2014’³, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 280,000 products, and is consistently ranked one of the top online shopping destinations in the UK. John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

¹ Oracle Retail Week Awards 2014
² Verdict Consumer Satisfaction Awards 2014
³ Which? Awards 2014.

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter
www.johnlewis.com/facebook
www.johnlewis.com/youtube.

Enquiries

For further information please contact:

Vikki Speed
Senior Communications Officer, Corporate & Brand, John Lewis
Telephone: 020 7931 4921
Email: vikki.speed@johnlewis.co.uk

Harris Teeter will collect non-perishable food items in all of its Mecklenburg County stores to benefit Loaves & Fishes

Mecklenburg County, NC, 2015-2-6 — /EPR Retail News/ — Saturday, Feb. 7, 2015 through Sunday, Feb. 15, 2015, Harris Teeter will be collecting non-perishable food items in all of its Mecklenburg County stores to benefit Loaves & Fishes, a food pantry program which provides a week’s worth of nutritious groceries at no cost to individuals and families who are experiencing a crisis.  The food drive in Harris Teeter stores will supplement the Mecklenburg County Boy Scouts’ Scouting for Food drive held on Feb. 7.

The 2014 Scouting for Food drive collected a record 240,000 pounds of food for Loaves & Fishes’ 20 food pantries. According to Loaves & Fishes, priority needs for 2015 include: canned meat, canned pastas, cereal, canned fruit and 100% fruit juice.

There are three ways to participate…
1. Visit Harris Teeter stores in Mecklenburg County, Feb. 7 – Feb. 15 and drop-off donations in the Scouting for Food collection barrels found in the lobby.

2.  If you received a grocery bag from the Mecklenburg County Boy Scouts, fill it with non-perishable food items and leave it outside your home for pick-up Saturday, Feb. 7.

3. Drop-off food donations at eight convenient locations throughout Charlotte on Feb. 7 from 10 a.m – 4 p.m. or Feb. 8 from 12:30 – 2:30 p.m.  The locations are:

Arboretum Shopping Center Providence & Highway 51, Charlotte, N.C.
Ada Jenkins Center 212 Gamble St., Davidson, N.C.
Huntersville United Methodist Church 14005 Stumptown Rd., Huntersville, N.C.
Mulberry Presbyterian Church 5600 Tuckaseegee Road, Charlotte, N.C.
Philadelphia Presbyterian Church 11501 Bain School Rd., Mint Hill, N.C.
Sharon United Methodist Church 4411 Sharon Road, Charlotte, N.C.
Town Center Plaza 8600 University City Blvd., Charlotte, N.C.
Trinity Presbyterian Church 3115 Providence Road, Charlotte, N.C.

Scouting for Food is sponsored by The Boy Scouts of America, Harris Teeter, NBC Charlotte, The New 103.7 WSOC and Stegall Trucking.

Co-operative Food stores across Wales to stock new range of longer-life reusable carrier bags to raise bags more cash for good causes

MANCHESTER, UK, 2015-2-6 — /EPR Retail News/ — The Co-operative Food pledges to reinvest the profits from its entire carrier bag range in Wales to good causes. A move that is in addition to the money raised by The Co-operative through the existing statutory 5p charge on single-use bags, which is supporting conservation programmes in Wales.

Co-operative Food stores across Wales are to stock a new range of longer-life reusable carrier bags, which as well as helping the environment will allow shoppers to raise bags more cash for good causes.

The community retailer, which has more than 150 food stores in Wales, has today (Wednesday, 4 February) pledged to reinvest the profits from its entire carrier bag range to good causes.

This is in addition to the money raised by The Co-operative through the existing statutory 5p charge on single-use bags, which is supporting conservation programmes in Wales*.

The Co-operative Food expects to raise hundreds of thousands of pounds in the next 12 months, with all of the additional money reinvested in community projects across Wales.

The move means that money made by The Co-operative Food on sales of its new woven reusable large shopping bag, a new woven reusable small shopping bag (which doubles as a bottle carrier) and new fold-away bags (all available for £1 each), as well as its redesigned 10p bag for life, will go to good causes.

Matthew Speight, The Co-operative Food’s Divisional Managing Director for Wales, said:

“We have a strong commitment to the environment, and to supporting local communities.

“While we share the aspiration of continuing to reduce the numbers of single-use plastic carrier bags that are in circulation, by buying any of our new range of carriers, customers will not only be contributing to the environment, but they’ll be helping good causes in Wales as well – together we can reduce, reuse, recycle, and also reinvest, in Wales.”

The Co-operative Food will confirm which good causes can bid for the additional funding generated by bag sales, and how they can apply, during 2015.

The new fold-away bags are made from 100% recycled materials are available in black or turquoise. The large and small woven bags, made from 80% recycled materials, are turquoise and decorated a with a “carrier bags are rubbish” design. The small woven bag can double as a bottle carrier. The bags can be recycled at Salvation Army textile recycling banks.

Further information on The Co-operative Food’s range of carrier bags, and how to recycle them, can be found at www.co-operativefood.co.uk/carrier-bags

Notes to editors:

The Co-operative Group, which is the UK’s largest co-operative business with interests across food, funerals, insurance and legal services, has a clear purpose of “championing a better way of doing business for you and your communities”. Owned by millions of UK consumers, The Co-operative Group operates a total of 3,750 outlets, with more than 70,000 employees and an annual turnover of approximately £11 billion. In Wales, The Co-operative Group operates from around 200 stores and branches, and has 500,000 members.

*For example, The Welsh Wildlife Heroes programme: www.wtwales.org/welshwildlifeheroes

 

Further information:
Andrew Torr
The Co-operative Group Press Office
Tel: 07702 505551
Email: andrew.torr@co-operative.coop

###

Co-operative Food stores across Wales to stock new range of longer-life reusable carrier bags to raise bags more cash for good causes

Co-operative Food stores across Wales to stock new range of longer-life reusable carrier bags to raise bags more cash for good causes

CBRE Group, Inc announces the launch training program for brokerage professionals

Los Angeles, 2015-2-6 — /EPR Retail News/ — CBRE Group, Inc. today announced the launch of an innovative broker training video and resource center specifically designed and aimed at understanding and promoting sustainable aspects of commercial real estate assets. CBRE’s training program will be offered to the Company’s more than 2,900 U.S. brokerage professionals. A preview video of the training program can be viewed here​.

“Sustainability has become a business imperative for many of our clients—tenants and landlords alike,” commented Jack Durburg, Global President, CBRE Brokerage Services. “Many of our brokerage professionals are enhancing their knowledge of sustainable real estate to expand their capabilities and best serve their clients’ needs in a changing marketplace.”

The Green Building Adoption Index, a recent CBRE sponsored study, found that the rapid expansion of “green” space in U.S. has led to green buildings now exceeding 50% of commercial office space in several markets.

“CBRE’s brokerage professionals are often the first contact a prospective tenant meets when considering to occupy space in one of our clients’ buildings and many landlords have made significant investments to improve and promote their sustainability characteristics,” added Dave Pogue, CBRE’s Global Director of Corporate Responsibility. “Our innovative new training will ensure our brokers have up-to-the-minute knowledge and appropriate resources to best serve our clients.”

The Company’s introduction of the broker training initiative joins other sustainability milestone achievements for CBRE, including:

  • ​Recognized global leader in the certification of 335 LEED EB buildings with another 226 buildings in the current pipeline;
  • Environmental Protection Agency (EPA) ENERGY STAR Certification Nation 2014 Elite Member, earning a top spot with 361 EPA Energy Star labeled buildings;
  • Trained more than 16,000 attendees through the CBRE BOMA BEEP program since 2008.

“This is a continuation of our goal to provide a market leading sustainability solution at each step of the real estate process. Trammell Crow Company provides this though its development efforts, CBRE Global Investors continues to earn recognition through the Global Real Estate Sustainability Benchmark (GRESB) for its environmental stewardship and our Asset Services efforts have been recognized consecutively for the past seven years as an EPA Sustained Excellence Partner of the Year,” noted Mr. Pogue.

CBRE’s Environmental Sustainability program includes global commitments in 11 key areas of environmentally sound performance, including resource management, occupancy, communications and training, public policy and procurement. The program provides best practices and initiatives that strengthen CBRE’s own environmental commitment, reflect the best environmental practices for clients’ properties, and provide vital training and education to CBRE professionals.

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: Canada is the unrivaled global investor in U.S. real estate

Norway, China, Japan and Germany Major Players in U.S. Market

​Los Angeles, 2015-2-6 — /EPR Retail News/ — Canada is the unrivaled global investor in U.S. real estate with nearly $10 billion of direct investments in 2014—ahead of Norway, China, Japan and Germany—according to the latest research from CBRE.

Global direct investment in U.S. real estate totaled $41 billion in 2014—about 11% of all investment in U.S. property assets*. This represents a 6% increase in global investment when compared to 2013.

Canada was the lead global buyer of U.S. real estate last year with 26% of direct foreign investment—$9.7 billion. Canadian investors have already transacted a significant $2.75 billion in U.S. real estate as of mid-January 2015. Canadian real estate investment in the U.S. was one of the largest cross-border capital flows in the world in 2014 after U.S.-to-U.K. and Hong Kong-to-China capital flows.

Microsoft Word - Press Release - Canadian Foreign Investment in

Norway was the second largest global investor in U.S. real estate in 2014 with 11% of direct foreign investment—$4.4 billion and a 120% increase year-over-year. China and Japan reached total investment levels in the U.S. of $3.8 billion (+6%) and $3.5 billion (+397%), respectively, each representing 9% of the global total. German buyers transacted $2.9 billion (+5%) in U.S. real estate, representing 7% of the global total.

“While we have seen rapidly rising Chinese global investment and oil-rich countries in the Middle East or Norway increasing their allocations to global real estate, Canadian buyers continue to dominate foreign investment in the U.S. and should remain on the radar screens of American investors and owners of U.S. real estate,” said Chris Ludeman, Global President, CBRE Capital Markets.

“Canadians, other global investors and Americans share the same challenge—finding attractive opportunities with reasonable pricing that can produce a favorable risk-adjusted return. That said, we expect the investment climate to remain brisk and U.S. volumes will continue rising in 2015.”

The U.S. is by far the largest destination for Canadian global capital. Of the $22 billion that Canada invested outside of its borders in 2014, 44% went to the U.S. The next highest shares—17% and 14%—went to Australia and the U.K., respectively. It should be noted that the U.S. market share of Canadian global investment dropped below its 2007-14 average of 48% in 2014.

“Canadian investors find U.S. real estate attractive for many of the same reasons that other countries do. The U.S. offers opportunities for value creation, healthy cash flows and favorable risk-adjusted returns,” said Ross Moore, CBRE’s Director of Research for Canada. “The level of Canadian investment is highly correlated with the health of the American economy and exchange rates, but the overriding motivation is that Canadian institutional investors need to look beyond their borders to find product and achieve greater diversification.”

Canadian investment is more geographically widespread across the U.S. than other global capital. This should not be surprising given the magnitude of Canadian investment, its high degree of familiarity with U.S. markets beyond the gateway cities, and the relatively low cost and time commitment for Canadian investment professionals to travel to U.S. markets.

For all property types combined, as with total global capital flows into the U.S., New York is the leading destination for Canadian real estate capital, followed by Boston and Broward County in Florida, which made the list due to a significant hotel acquisition. Seattle is somewhat unusual for global capital, but not unusual for Canadian capital given its proximity to Canada and, in particular, Vancouver.

Microsoft Word - Press Release - Canadian Foreign Investment in

* Preliminary figure and may be revised upward as final 2014 closings are recorded. These statistics come from Real Capital Analytics’ transactional database, which includes commercial real estate transactions exceeding $2.5 million. The figures include neither entity-level acquisitions nor pending or under-contract transactions.​

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

Aaron Richardson
Director, Communication-Media
T +1 212 9847126
email

Ayana Miller
Specialist, Communication
T +1 212 9846506
email