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Daily Archives: March 3, 2016

DDR Corp. to release its Q1 2016 financial results on April 28, 2016

BEACHWOOD, Ohio, 2016-Mar-03 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) will issue financial results for the quarter ended March 31, 2016 after the market closes on Thursday, April 28, 2016. The Company will conduct a conference call and audio webcast on Friday, April 29, 2016 at 10:00 a.m. ET. To access the conference, dial 877-249-1119…

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Kimco Realty Corp sold 9.2 acres of land to Target Corp for the construction of a new store in Kimco’s Grand Parkway Marketplace

Target to anchor ground-up development project in Houston NEW HYDE PARK, NEW YORK, 2016-Mar-03 — /EPR Retail News/ — Kimco Realty Corp. (“Kimco”) (NYSE: KIM) is pleased to announce the sale of 9.2 acres of land to Target Corporation for the construction of a new store in Kimco’s Grand Parkway Marketplace, a development in Spring, Texas (Houston-The…

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Wesfarmers’ acquisition of the Homebase business completed; adds 15,000 new employees

PERTH, Australia, 2016-Mar-03 — /EPR Retail News/ — Wesfarmers’ acquisition of the Homebase business from Home Retail Group plc (LSE:HOME) has been completed. Wesfarmers Managing Director Richard Goyder welcomed the completion of the acquisition which will add 15,000 new employees in the United Kingdom and Ireland to the Wesfarmers Group this week. “We welcome our new employees and are…

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Federated Co-operatives Limited’s (FCL) 87th Annual Meeting: FCL recorded increased sales across most business units in FY ending Oct. 31, 2015

Saskatoon, Canada, 2016-Mar-03 — /EPR Retail News/ — Rising sales volumes are signs of a diverse and healthy Co-operative Retailing System (CRS), CEO Scott Banda told Federated Co-operatives Limited’s (FCL) 87th Annual Meeting in Saskatoon. More than 300 delegates, representing over 200 independent retail co-operatives that form the CRS in Western Canada, were in attendance for the…

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Report: UK Retailers making significant progress around carbon emissions, water management and waste reduction

LONDON, 2016-Mar-03 — /EPR Retail News/ — UK Retailers on course to meet ambitious 2020 environmental targets Report shows industry making significant progress around carbon emissions, water management and waste reduction 1 March 2016 Britain's retailers are on track to meet ambitious voluntary targets to cut the environmental impact of their operations, according to the British Retail Consortium (BRC)'s…

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BRC Chief Executive Helen Dickinson: Another fall in shop prices was seen in February

Overall shop prices reported deflation of 2.0% in February from 1.8% in January. Food returned to deflationary territory, falling 0.4% in February from January's 0.1% rise. On a 12-month average basis, the Shop Price Index reported deflation of 1.8%. Non-food deflation remained at 3.0% for the third consecutive month. LONDON, 2016-Mar-03 — /EPR Retail News/…

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The Association for Retail Technology Standards (ARTS): two new omnichannel resources available for retailers

WASHINGTON, 2016-Mar-03 — /EPR Retail News/ — The Association for Retail Technology Standards, part of the National Retail Federation’s technology leadership community, announced today two new resources available for retailers in their efforts to research new applications and implement an omnichannel program. ARTS is dedicated to helping retailers and solution providers identify, adopt and integrate current…

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Unibail-Rodamco placed 10-year €500 million bond maturing in March 2026

Paris, Amsterdam, 2016-Mar-03 — /EPR Retail News/ — Unibail-Rodamco has successfully placed a 10-year bond maturing in March 2026 for a total amount of €500 million. This bond will offer a fixed coupon of 1.375%. It was more than 6 times oversubscribed, the order book reaching over €3 billion in less than 2 hours. The net proceeds from the…

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The average UK household’s weekly disposable income up £12 in January 2016 vs January 2015 – Asda

The average UK household had a weekly disposable income of £197 in January, up £12 on January 2015 Annual growth in spending power fell for the fourth consecutive month – due to a slow down in wage growth and a continued increase in inflation Still, as household incomes continue to increase faster than the cost…

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Save Mart Supermarkets partners with eScrip to manage its S.H.A.R.E.S. charitable giving program

FoodMaxx, Lucky and Save Mart S.H.A.R.E.S. community giving program will continue giving up to 3% a basket to local schools and community-based organizations Modesto, Calif., 2016-Mar-03 — /EPR Retail News/ — Save Mart Supermarkets announced that it has partnered with eScrip to manage its S.H.A.R.E.S. charitable giving program. The new Shares powered by eScrip program continues the…

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LuLu Group to sell Harrogate Spring premium bottled water in its stores

Abu Dhabi, 2016-Mar-03 — /EPR Retail News/ — The famed Harrogate Water dubbed as the ‘Original British Bottled Water’ is now available in the UAE and across the GCC region. LuLu Group recently signed the deal to sell the premium bottled water through its 123 stores across the region. Harrogate Water Brands currently exports Harrogate Spring,…

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SSP America opens Union Street Gastropub at San Francisco International Airport’s Terminal 3

Union Street Gastropub is a boutique, in-house solution designed specifically for SFO LONDON, 2016-Mar-03 — /EPR Retail News/ — SSP America, a division of SSP Group, a leading operator of food and beverage brands in travel locations worldwide, announced today the opening of Union Street Gastropub, its new 3,000 square foot bar and dining concept designed specifically…

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SSP America announces the completion of new line up of restaurants at Winnipeg Richardson International Airport

LONDON, 2016-Mar-03 — /EPR Retail News/ — Winnipeg Airports Authority and SSP America are pleased to announce the completion of a new line up of restaurants beyond passenger screening at Winnipeg Richardson International Airport. On the domestic and international side, new restaurants include Freshii, True Burger, Prairie Bistro and Skylights Lounge. Travellers heading to the United…

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SSP America announces the opening of Chef Fabio Viviani’s Osteria at Los Angles International Airport’s Terminal 6

Osteria brings top chef inspired fare packed with Italian flair and premium fresh ingredients to Terminal 6 LONDON 2016-Mar-03 — /EPR Retail News/ — SSP America, a division of SSP Group, a leading operator of food and beverage brands in travel locations worldwide, announced today the opening of Chef Fabio Viviani’s Osteria at Los Angles International Airport’s Terminal…

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The Carrefour Group to acquire 36 compact hypermarkets from Eroski Group

SPAIN, 2016-Mar-03 — /EPR Retail News/ — The Carrefour Group announces it has signed an agreement with the Eroski Group to acquire 36 compact hypermarkets with a total sales area of 235,000 square meters, as well as 8 shopping malls and 22 gas stations adjacent to the stores. This acquisition would allow Carrefour to grow its store…

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Carrefour France awarded “Top Employer France” certification for 2016

Boulogne-Billancourt, FRANCE, 2016-Mar-03 — /EPR Retail News/ — Carrefour France, the country's leading private employer, is among the companies which have awarded "Top Employer France" certification for 2016. Awarded by the Top Employers Institute, an independent body that looks at best employer HR practices all over the world, Carrefour has been given this certification for its…

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Starbucks Coffee Company to open its first Italian store in 2017

SEATTLE, 2016-Mar-03 — /EPR Retail News/ — It’s a dream more than 30 years in the making. Howard Schultz walked cobblestone streets of Milan for the first time in 1983 as the marketing director of Starbucks, which then sold whole-bean coffee from a handful of stores in Seattle. Schultz went to Italy to represent the company at an…

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Amazon signed with The University of Texas at Austin to open first pickup location in Texas

Amazon Student and Amazon Prime members at UT Austin will get Free One-Day Pickup on over two million items when shipped to the Amazon@UT Austin location Amazon@UT Austin will be the first Amazon pickup location in Texas SEATTLE, 2016-Mar-03 — /EPR Retail News/ — (NASDAQ: AMZN)–Amazon today announced an agreement with The University of Texas at…

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Macy’s teams up with Nickelodeon and NBA All-Star Carmelo Anthony to launch new line of boys’ apparel TMNT x Melo

The bold capsule collection of apparel and accessories features iconography of the Teenage Mutant Ninja Turtles as well as basketball motifs NEW YORK, 2016-Mar-03 — /EPR Retail News/ — Macy’s has teamed up with Nickelodeon and NBA All-Star Carmelo Anthony to introduce, TMNT x Melo a high-octane line of boys’ apparel and accessories inspired by the beloved Teenage…

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Nordstrom to open Nordstrom Rack at Poplar Commons in Memphis, Tenn

SEATTLE, 2016-Mar-03 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Poplar Commons in Memphis, Tenn. The approximately 33,000 square-foot store is scheduled to open in the fall of 2017. The store is leased from Seritage Growth Properties (NYSE: SRG) who is replacing an existing Sears…

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