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Monthly Archives: March 2016

CBRE Group announces the appointment of Paula R. Reynolds to its Board of Directors

Los Angeles, 2016-Mar-17 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Paula R. Reynolds, an accomplished senior executive and highly experienced board member, has been appointed to its Board of Directors. Ms. Reynolds served as Chief Executive Officer of Safeco Corporation, a Fortune 500 property and casualty insurance company, until its acquisition by…

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Best Buy presented at International Home & Housewares Show

MINNEAPOLIS, 2016-Mar-17 — /EPR Retail News/ — Smart appliances are getting smarter, and we’re not just talking washers, dryers and refrigerators. Want a coffee maker that tells you when to buy more beans? Need a blender to tell you the exact nutritional information of your smoothies? How about an air purifier that lets you see the process? All those…

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Best Buy: Brad Anderson retires from the board; Claudia Fan Munce appointed to the Board

MINNEAPOLIS, 2016-Mar-17 — /EPR Retail News/ — Best Buy Co., Inc. today announced that former CEO Brad Anderson will retire from the Board of Directors and that the company has appointed corporate venture capital leader Claudia Fan Munce to the Board, effective March 14. Anderson will serve the remainder of his term through the end of the…

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Co-operative Food teams up with delivery specialist Hermes to launch ParcelShop service

MANCHESTER, England, 2016-Mar-16 — /EPR Retail News/ — Millions of Co-operative Food customers are set to benefit from a new service that will not only enable them to send parcels from their local store but have them delivered there as well. The Co-operative has teamed up with Hermes, the consumer delivery specialist, to offer its ParcelShop service…

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Weingarten Realty Investors announces management promotions

HOUSTON, 2016-Mar-16 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today the promotions of Lee Brody to Senior Vice President / Leasing Mid-Atlantic Region, Mark Stout to Senior Vice President / General Counsel, Darren Amato to Divisional Vice President / Acquisitions and Taylor Vaughan to Area Vice President / Leasing. Lee Brody, Senior Vice President…

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Philippines: Manila-Acapulco Galleon Museum to launch at the Mall of Asia Complex in Pasay City

Pasay City, Philippines, 2016-Mar-16 — /EPR Retail News/ — Museo del Galeon, Inc. is bringing to life the country’s trade heritage with the Manila-Acapulco Galleon Museum at the Mall of Asia Complex in Pasay City. Set to be launched in the third quarter of 2016, the dome-shaped museum’s main feature is a replica of the Galleon…

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Philippines: SM Foundation ended 2015 on high note as four of its scholar-graduates topped the 2015 national licensure examinations for engineering

SM Foundation celebrates board topnotchers and donates 8 school buildings Pasay City, Philippines, 2016-Mar-16 — /EPR Retail News/ — SM Foundation ended 2015 on a high note as it welcomed another first for its college scholarship program—four of its most recent scholar-graduates topped the 2015 national licensure examinations for engineering. These students are part of SM Foundation’s…

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Harris Teeter donates $478,022.78 to schools through its fundraising program Together in Education

Schools have received over $744K since August 1, 2015 Matthews, N.C., 2016-Mar-16 — /EPR Retail News/ — Today, Harris Teeter announced it is donating $478,022.78 to schools this month through Together in Education (TIE), Harris Teeter’s fundraising program for schools in its communities. This is the second of three payouts the Company will make to schools during…

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Toys“R”Us FY 2015: 25% improvement of the consolidated Adjusted EBITDA over the prior year

Consolidated same store sales grew by 2.3% for the quarter and 0.9% for the full year; Fiscal 2015 SG&A expense reduction of $322 million resulted in the lowest full year SG&A since 2006; Full year consolidated Adjusted EBITDA1 of $800 million, a 25% improvement over the prior year; Consolidated Net Leverage2 for fiscal 2015 of…

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Taubman Centers executives to present at the Citi 2016 Global Property CEO Conference

BLOOMFIELD HILLS, Mich., 2016-Mar-14 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer, and Simon J. Leopold, chief financial officer, will participate in a company roundtable presentation to the investment community at the Citi 2016 Global Property CEO Conference on Monday, March 14,…

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Grupo Vips continúa su expansión y suma ya 96 Cafeterías-Restaurantes

Móstoles, España, 2016-Mar-14 — /EPR Retail News/ — VIPS, la marca origen y buque insignia de Grupo Vips, compañía multimarca y multiformato líder del sector de la hostelería y el comercio en España, continúa su expansión y suma ya 96 Cafeterías-Restaurantes. Móstoles es el lugar elegido para la ubicación de este icónico establecimiento que está ubicado…

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Kroger to present at BAML Consumer & Retail Technology Conference and Barclays Emerging Payments Forum

CINCINNATI, 2016-Mar-14 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that Rodney McMullen, Kroger's chairman and CEO, and Mike Schlotman, Kroger's executive vice president and CFO, will address investors at the following conferences next week: Tuesday, March 15: 2:40 pm ET     BAML Consumer & Retail Technology Conference Q&A Wednesday, March 16: 11:20 am ET    BAML Consumer…

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Kroger declares quarterly dividend of 10.5 cents per share to be paid on June 1, 2016

CINCINNATI, 2016-Mar-14 — /EPR Retail News/ — The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 10.5 cents per share to be paid on June 1, 2016, to shareholders of record on the close of business on May 13, 2016. Kroger has delivered double-digit compound growth in its dividend since it…

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Colruyt Belgium and Luxembourg, Collect&Go and OKay recall minneolas 1.5 kg packed in nets due to exceeded amount of Carbaryl insecticide

Sales period: from 7/3 to 10/3/2016 Halle, Belgium, 2016-Mar-14 — /EPR Retail News/ — During inspections of minneolas 1.5 kg packed in nets, our supplier found that the authorised amount of Carbaryl was exceeded in a specific batch of goods. Carbaryl is an insecticide. The toxic quantity is absorbed by the rind of the minneolas. Repeated and frequent…

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Taco Bell launches new $1 Morning Value Menu

Not entirely groundbreaking new research coincides with announcement of new, $1 Morning Value Menu at Taco Bell IRVINE, Calif., 2016-Mar-14 — /EPR Retail News/ —  THIS JUST IN: A breakthrough new study conducted on behalf of Taco Bell reveals that consumers actually prefer spending less money than more money, Surprising no one, key highlights of the research…

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Topaz opens its newest Re.Store in Ballincollig, Co Cork

€25million investment in Ireland’s newest retail convenience concept DUBLIN, Ireland, 2016-Mar-14 — /EPR Retail News/ — Ireland’s leading fuel and convenience retailer, Topaz, has launched its newest Re.Store retail offering in Ballincollig, Co Cork, marking the 100th store opening for Ireland’s most dynamic convenience concept. Cork County footballer and local man Daniel Goulding was guest of…

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Nordstrom announces the opening of its new, relocated store at Ala Moana Center in Honolulu

SEATTLE, 2016-Mar-14 — /EPR Retail News/ — Leading fashion specialty retailer Nordstrom, Inc.opened the doors to its new, relocated store today at Ala Moana Center in Honolulu. The three-level, 186,000 square-foot store features new interior and exterior design concepts, a full-service restaurant and bar, cocktail lounge, new departments and an enhanced beauty shopping experience. The store is…

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Tesco redirects millions of surplus food to charity with Community Food Connection with FareShare FoodCloud rollout

CHESHUNT, England, 2016-Mar-14 — /EPR Retail News/ — Tesco announces nationwide rollout of Community Food Connection with FareShare FoodCloud, which will redirect millions of meals of Tesco surplus food to charity by end of 2017. Tesco CEO Dave Lewis has today announced the nationwide rollout of an initiative designed to dramatically reduce the amount of food that…

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IKEA supports women artisans in rural India by bringing their products in store

Conshohocken, PA, 2016-Mar-14 — /EPR Retail News/ — “There is no better route out of poverty than the opportunity for people to have a decent job. At IKEA, it’s a privilege to be able to work with social entrepreneurs that are helping make society a little bit fairer.”- Steve Howard, IKEA Chief Sustainability Officer IKEA supports…

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CVS Health announces $50 million initiative to help deliver the nation’s first tobacco-free generation

WOONSOCKET, R.I., 2016-Mar-14 — /EPR Retail News/ — CVS Health (NYSE: CVS), the nation's largest pharmacy innovation company, today announced Be The First, a five-year $50 million initiative to help deliver the nation's first tobacco-free generation. Through this initiative, which is funded through CVS Health and the CVS Health Foundation, the company is extending its…

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Macerich management to present at Citi 2016 Global Property CEO Conference

SANTA MONICA, Calif., 2016-Mar-14 — /EPR Retail News/ — Macerich® (NYSE: MAC), today announced that Art Coppola, CEO and Chairman of the Board of Directors, Ed Coppola, President and Tom O'Hern, Senior Executive Vice President and Chief Financial Officer will participate in the Citi 2016 Global Property CEO Conference in Hollywood, Florida. Macerich will participate in a…

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Dollar General donates $25,000 and collects donations to support American Red Cross in its flood relief efforts

Goodlettsville, Tennessee, 2016-Mar-14 — /EPR Retail News/ — Dollar General today donated $25,000 to the American Red Cross to provide aid to individuals and communities impacted by recent floods. Additionally, all Dollar General stores across the 43 states it serves have immediately begun collecting donations to further support ongoing relief efforts by the American Red Cross. “Dollar…

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Associated Food Stores launches Red Button Vintage Creamery premium pies

Local Associated Food Stores launches premium pies for Pi Day Salt Lake City, Utah, 2016-Mar-14 — /EPR Retail News/ — Associated Food Stores is bringing back the sweet, classic taste of fresh- baked pie with the launch of Red Button Vintage Creamery premium pies. The exquisite pies are a whopping four pounds and rival a traditional 9”…

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Carolina Hurricanes center Victor Rask partners with Harris Teeter to debut his personally designed Signature Sub Sandwich

Raleigh, N.C, 2016-Mar-14 — /EPR Retail News/ — Rask to Sign Autographs, Sample Signature Sub Sandwich, Introduce Fans to Must-Have Meal Date:    Monday, March 21, 2016 Time:    5:30 – 6:30 p.m.                        Where: North Hills East Harris Teeter                120-100 St. Albans Dr. Raleigh, N.C. 27609 Interviews are available.  Live shots are welcomed! Monday, March. 21, 2016 Carolina Hurricanes center Victor Rask will…

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CBL closes sale of 75% interest in River Ridge in Lynchburg, VA, to Liberty University

CHATTANOOGA, Tenn., 2016-Mar-14 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today announced progress on its mall disposition program. CBL closed on the sale of a 75% interest in River Ridge in Lynchburg, VA, to Liberty University. CBL received net cash proceeds of $33.5 million for the interest in River Ridge. CBL…

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BBVA upgrades its ATM network with Wincor Nixdorf’s CINEO cash recycling systems

More than 800 new systems to be installed during 2016 Paderborn, Germany, 2016-Mar-11 — /EPR Retail News/ — BBVA is upgrading its ATM network with Wincor Nixdorf's CINEO cash recycling systems to enable banknotes deposited by customers to be reused for cash withdrawals. The bank is a pioneer in Spain with this solution, which helps provide customers…

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Philippines: The Henry Sy Foundation renovates school auditorium of Sacred Heart School- Hijas de Jesus (SHS-HDJ) in Cebu

Cebu, Philippines, 2016-Mar-11 — /EPR Retail News/ — The Henry Sy Foundation has turned over a newly refurbished 810-square meter school auditorium to the Sacred Heart School- Hijas de Jesus (SHS-HDJ) in Cebu. The SHS-HDJ was established in 1956. Among its sister schools are Manresa School in B.F Homes, Parañaque City and Nazareth School of National University…

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A.S. Watson Group eLab announces the appointment of Mtel as its Asia mobile solution partner for the next three years

HONG KONG, 2016-Mar-11 — /EPR Retail News/ — As a strategic move to accelerate the enhancement of mobile engagement with customers, A.S. Watson Group (ASW) eLab has announced today the appointment of Mtel as its Asia mobile solution partner for the next three years. In 2016 alone, MTel will deliver 9 mobile apps for ASW eLab…

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Stella McCartney launches new fragrance—POP

POP. Bold. Authentic. Irreverent. INTRODUCING POP LONDON, 2016-Mar-11 — /EPR Retail News/ — A celebration of individuality, authenticity and adventure, Summer 2016 sees the launch of a new Stella McCartney fragrance, POP. In the moment, bold, and irreverent, POP is the scent of a new generation, who are coming into their own, true to themselves and are about to…

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