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Monthly Archives: March 2015

Home2015Monthly Archives: March 2015
Business Malls Management Retail Retailer

British Land completed £733 million property exchange transaction with Tesco

LONDON, 2015-3-23 — /EPR Retail News/ — British Land announces it has completed a £733 million property exchange transaction with Tesco.  Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco’s 50% interest in two joint venture portfolios…
March 23, 20150Comments

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Business Grocery Retail Retailer

Morrisons to stop infrared sensors Intelligent Queue Management systems that determine how many customers are flowing through the store

Morrisons is to stop using the Intelligent Queue Management (iQM) system in stores from today (Monday 23rd March 2015). Bradford, England, 2015-3-23 — /EPR Retail News/ — The system was used to determine how many checkouts to keep open at Morrisons supermarkets using infrared sensors that determine how many customers are flowing through the store. Now checkout teams…
March 23, 20150Comments

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Awards Business Human Resources Management Retail

CBRE Group named to the Companies That Care Honor Roll for the eighth consecutive year

National Award Recognizes Commitment to Employees, Families and Communities Los Angeles, 2015-3-23 — /EPR Retail News/ — CBRE Group, Inc. today announced it has been named to the Companies That Care Honor Roll for the eighth consecutive year. Companies on the 2015 Honor Roll have demonstrated socially responsible workplace practices and active community involvement, as determined…
March 23, 20150Comments

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Entertainment Marketing Retail Retailer

Chris Tucker’s first full length stand-up comedy special, Chris Tucker Live, to premiere exclusively on Netflix on July 10

Chris Tucker Live To Debut Exclusively on Netflix on July 10 Beverly Hills, Calif., 2015-3-23 — /EPR Retail News/ — Actor and comedian Chris Tucker will headline his first full length stand-up comedy special, Chris Tucker Live, premiering exclusively on Netflix on Friday, July 10. Tucker’s stand-up comedy performance will be available to stream in all…
March 23, 20150Comments

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Business Food & Beverage Management Retail Retailer

Starbucks focuses on what it means to be a corporate citizen in the 21st century in its 2014 Global Responsibility Report

What is the role and responsibility of a for-profit, public company? SEATTLE, 2015-3-23 — /EPR Retail News/ — In its 14th consecutive year of issuing a Global Responsibility Report, Starbucks offers its perspective on what it means to be a corporate citizen in the 21st century and openly shares its progress and challenges. “I strongly believe that today,…
March 23, 20150Comments

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Business Grocery Management Retail Retailer

Tesco regains sole ownership of 21 superstores in a transaction with British Land

Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Tesco has regained sole ownership of 21 superstores in a transaction with British Land.  The agreement comes as Tesco continues to strengthen its core UK business. The 21 superstores and associated debt were part of a joint venture between Tesco and British Land and were all subject to RPI-indexed…
March 23, 20150Comments

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Food & Beverage Grocery Retail Retailer

Tesco’s new sales data shows that Brits are becoming more adventurous in their taste for fish

Brits are becoming more adventurous in their taste for fish, latest stats can reveal. Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Many Brits supposedly lack confidence  when it comes to preparing and eating fish, with a recent industry survey finding that more than half (56 per cent) of adults don’t consume the recommended weekly amount of…
March 23, 20150Comments

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Business Management Philanthropy Retail Retailer

Carrefour Brazil launches the Instituto! a non-profit making corporate philanthropy body to serve the general public interest

Boulogne-Billancourt, France, 2015-3-23 — /EPR Retail News/ — Carrefour Brazil launches the Instituto! The Instituto Carrefour is set up as a non-profit making corporate philanthropy body and exists to serve the general public interest. Promoting diversity by working in three different areas: raising people’s awareness of Human Rights, facilitating the professional integration of people who require…
March 23, 20150Comments

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Awards Business Grocery Management Retail Retailer

The Defense Commissary Agency presented its 2014 Equal Employment Opportunity Awards

FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — The Defense Commissary Agency presented its 2014 Equal Employment Opportunity Awards March 3. "As an agency we are dedicated to promoting fairness, objectivity and equality within DeCA's workforce," said DeCA Director and CEO Joseph H. Jeu. "Our award winners personify our commitment to equal employment opportunity." Leader of the Year:…
March 23, 20150Comments

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Business Food & Beverage Grocery Management Retail Retailer

Defense Commissary Agency seeks new contractor for its deli and bakery services in 22 commissaries

FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — Deli and bakery services in 22 commissaries in 12 states face temporary suspension today as the Defense Commissary Agency seeks a new contractor. Six of the 22 commissaries have sushi bars that will also be temporarily suspended. Today's announcement comes because the agency terminated two deli/bakery service contracts held…
March 23, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation to offer $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 to fund its acquisition of EnvisionRx

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today the terms of an offering of $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 (the "Notes"). Rite Aid intends to use the net proceeds of the offering, together with other available cash, to fund the cash portion…
March 20, 20150Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation to release financial results for its Fiscal 2015 Fourth Quarter ended Feb. 28, 2015 on Apr. 8, 2015

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2015 Fourth Quarter, which ended Feb. 28, 2015, on Wednesday, Apr. 8, 2015. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid's management team.…
March 20, 20150Comments

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Business Food & Beverage Management Retail Retailer

Whole Foods Market will open its newest Morris County location on April 22

Morristown, N.J., 2015-3-20 — /EPR Retail News/ — Whole Foods Market will open its newest Morris County location, at 110 Washington Street in Morristown, New Jersey, on Wednesday, April 22. The grocer’s 13th New Jersey store will serve as a gathering place for local residents, providing them with an unrivaled selection of high quality natural and organic goods, as…
March 20, 20150Comments

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Apparel Awards Business Environment Fashion Management Marketing Retail Retailer

Greenpeace names H&M as a Detox Leader when releasing its Detox Catwalk

STOCKHOLM, SWEDEN, 2015-3-20 — /EPR Retail News/ — Greenpeace names H&M as a Detox Leader when releasing its Detox Catwalk, showing how effectively major fashion brands are removing toxic chemicals from their supply chain and tackling water pollution. Greenpeace states that “H&M’s action on toxic-free fashion puts it firmly at the head of the pack” and…
March 20, 20150Comments

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Home & Garden Home Decor Management Marketing Retail Retailer

Lowe’s Heroes employee volunteers kicked off the spring season by removing snow and brightening spirits at Boston’s Leahy-Holloran Community Center

MOORESVILLE, N.C., 2015-3-20 — /EPR Retail News/ —  This winter has been one of the harshest on record, and for many communities, the first day of spring will still be covered in snow. No city has been more impacted than Boston as residents have experienced one of the snowiest winters in recorded history. This week,…
March 20, 20150Comments

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Baby Products Business Financial Management Retail Retailer

Toys“R”Us, Inc. to hold presentation for the investment community on March 24

WAYNE, NJ, 2015-3-20 — /EPR Retail News/ — Toys“R”Us, Inc. today announced that it will hold a presentation for the investment community on Tuesday, March 24 at 1:30pm ET, hosted by Antonio Urcelay, Chairman and CEO, Toys“R”Us, Inc., Hank Mullany, President, Toys“R”Us, U.S., and Mike Short, Chief Financial Officer, Toys“R”Us, Inc. During the event, executives will…
March 20, 20150Comments

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Baby Products Business Children Management Retail Retailer Toys

Toys“R”Us, Inc. names Reg McLay as Senior Vice President, Babies“R”Us Business effective March 30

WAYNE, NJ, 2015-3-20 — /EPR Retail News/ — Toys“R”Us, Inc. today announced that it has named Reg McLay as Senior Vice President, Babies“R”Us Business, effective Monday, March 30. In this role, Mr. McLay will lead the Babies“R”Us merchandising team in the U.S. in driving product innovation, as well as differentiation in services and offerings across its…
March 20, 20150Comments

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Business Management Retail Retailer

Home Retail Group appoints Echo Lu as Managing Director for Homebase

Milton Keynes, UK, 2015-3-20 — /EPR Retail News/ — Home Retail Group has announced the appointment of Echo Lu as Managing Director for Homebase, one of the UK’s leading home enhancement retailers. Echo has significant experience in retailing both in the UK and Asia, and will take up her new position on 20th April. Echo joins Homebase…
March 20, 20150Comments

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Management Marketing Philanthropy Retail Retailer

The Irish Cancer Society and Home Retail Group partner to raise €150,000 by March 2017 for Daffodil Centre Nurses and Daffodil Centres throughout Ireland

Milton Keynes, UK, 2015-3-20 — /EPR Retail News/ — The Irish Cancer Society has today announced a brand new partnership with the Ireland’s leading home and general merchandise retailer, Home Retail Group, owner of Argos, Homebase and Habitat. The partnership will engage 1,600 Home Retail Group colleagues and customers across Ireland through a range of fundraising…
March 20, 20150Comments

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Business Food & Beverage Management Marketing Retail Retailer

Starbucks and Tingyi Holding Corp. partner to manufacture and expand the distribution of Starbucks ready-to-drink products throughout mainland China

SEATTLE/HONG KONG, 2015-3-20 — /EPR Retail News/ — Starbucks (NASDAQ: SBUX) and Chinese leading food and beverage producer Tingyi Holding Corp. (“Tingyi”) (0322.HK) announced today they have entered into an agreement to manufacture and expand the distribution of Starbucks ready-to-drink (RTD) products throughout mainland China. According to the agreement, Starbucks will be responsible for providing coffee…
March 20, 20150Comments

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Business Financial Food & Beverage Management Retail Retailer

Starbucks Corporation’s Board of Directors declared two-for-one stock split; trading on a split-adjusted basis begins on April 9, 2015

Infographic SEATTLE, 2015-3-20 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has declared a two-for-one stock split. Shareholders of record as of March 30, 2015 will receive one additional share for each share held on the record date. The new shares will be payable on April 8, 2015. Starbucks common stock will…
March 20, 20150Comments

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Business Financial Food & Beverage Management Marketing Retail Retailer

Starbucks AGM: record financial results as the company heads toward achieving a $100 billion market cap

Reaffirms Seven Strategies to Grow Market Cap to $100 Billion Previews New Delivery Options through “Green Apron” Delivery Service to Debut in New York City; Announces Third-Party Delivery Through Agreement with Postmates Continues to Double Down on Investments in its People, Including $233 Million in Healthcare Benefits and $210 Million in Bean Stock in FY14…
March 20, 20150Comments

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Apparel Business Fashion Human Resources Management Retail Retailer

Inditex Group sales revenue rose by 8% in fiscal 2014; employees to participate in a special profit sharing plan in the next 2 years

Arteixo, Spain, 2015-3-19 — /EPR Retail News/ — The Group announces a special profit sharing plan under which employees will participate in earnings growth in the next two years The profit sharing scheme will benefit all of the Group's store, manufacturing, logistics, concepts and subsidiaries employees all over the world, so long as they have been working…
March 19, 20150Comments

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Business Law Retail Retailer

BRC Helen Dickinson: We welcome the official announcement of a ‘radical’ review of the business rates system

LONDON, 2015-3-19 — /EPR Retail News/ — The Chancellor has used his last budget of this Parliament to reconfirm his commitment to carry out the most "far-reaching" and "radical" review into the business rates system in a generation, kick-starting a process that leads the way to changes to how businesses across England pay the tax. The…
March 19, 20150Comments

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Business Law Management Retail Retailer

Congress needs to pass a strong and effective federal data breach notification law, National Retail Federation

NRF Concerned over ‘Notice Holes,’ Wants ‘Everyone to Have Skin in the Game’ WASHINGTON, 2015-3-19 — /EPR Retail News/ — Congress needs to pass a strong and effective federal data breach notification law that applies to all entities that handle sensitive customer data, the National Retail Federation said today before a congressional panel examining draft data…
March 19, 20150Comments

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Business E-Commerce Electronics Management Marketing Online Retailers Online Shopping Retail Retail Services Retail Solutions Retailer

NRF presented Congress with achievable solutions to better protect consumers and help businesses prevent cyberattacks and data breaches

NRF Testifies on Congressional and Industry Efforts WASHINGTON, 2015-3-19 — /EPR Retail News/ — The National Retail Federation today presented Congress with practical, commonsense and achievable solutions to better protect consumers and help businesses prevent cyberattacks and data breaches. “We should not be satisfied with simply determining what to do after a data breach occurs,” NRF Senior Vice…
March 19, 20150Comments

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Business Grocery Management Marketing Retail Retailer

Albert becomes top player in the Czech market after rebranding 49 SPAR supermarkets and Interspar compact hypers to Albert

Zaandam, The Netherlands, 2015-3-19 — /EPR Retail News/ — Albert finished rebranding the last Interspar compact hyper. This marked the end of an enormous eight-month project in which they successfully rebranded and converted 14 SPAR supermarkets and 35 Interspar compact hypers to Albert. A top player in the market The integration of the SPAR stores makes Albert a…
March 19, 20150Comments

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Food & Beverage Grocery Marketing Retail Retailer

Giant Food, LLC launches its brand new World Menu line

Enjoy Bold Italian and Asian Flavors at Home by Shopping Giant’s World Menu Line Landover, Md., 2015-3-19 — /EPR Retail News/ — Giant Food, LLC is inviting customers to bring tastes from around the world to their dinner tables in just minutes with the launch of its brand new World Menu line. These internationally inspired products, including many…
March 19, 20150Comments

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Consumer Information Food & Beverage Grocery Management Retail Retailer

Product recall: Wegmans Organic Walnut Halves & Pieces 6 oz. tubs due to possible Salmonella contamination

BUFFALO, NY, 2015-3-19 — /EPR Retail News/ — First Source, LLC of Buffalo, New York is voluntarily recalling 3,276 plastic tubs (6 oz.) of Wegmans Organic Walnut Halves & Pieces because the product may be contaminated with Salmonella, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others…
March 19, 20150Comments

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