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Daily Archives: August 1, 2016

Giant’s new infographic reminds families to keep healthy choices top of mind

Landover, Md., 2016-Aug-01 — /EPR Retail News/ — To help families stay healthy and keep kids fueled during the busy summer season, Giant Food of Landover, Md. offers tips to build a better lunch for camps and other summer activities now - or for school lunches in the fall. With guidance from ChooseMyPlate.gov, Giant's licensed in-store…

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Philippines: SM Prime Holdings registered 12% growth in its core net income during first half of 2016

Pasay City, Philippines, 2016-Aug-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP 12.6 billion from PHP 11.2 billion. This was supported by a 9% increase in consolidated revenues to PHP 39.2 billion from PHP 35.9 billion…

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Philippines: 2016 Ramon V. Del Rosario (RVR) Award given to Retail pioneer Henry Sy, Sr.

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ — Retail pioneer Henry Sy, Sr. received the 2016 Ramon V. Del Rosario (RVR) Award for Nation Building. This award is a project of the Junior Chamber International (JCI) Manila  and the Asian Institute of Management’s Center for Corporate Social Responsibility. Named in honor of JCI’s (formerly Manila Jaycees) founding…

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Philippines: SM Prime Holdings issues PHP10 billion fixed rate bonds due on 2026

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ —SM Prime Holdings,Inc. (SM Prime) marked its 3rd listing of retail bonds with its issuance of PHP10 billion fixed rate bonds due on 2026. With SM Prime’s bond issuance, the total listed amount of the SM Group on PDEx shall be PHP84.83 billion, representing 14.47% of the total corporate fixed-income…

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New Zealand: PAK’nSAVE’s superhero-themed promotion winner Sade Murray became real-life superhero following domestic violence incident intervention

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — Sade Murray only went to her local PAK'nSAVE Kaitaia dressed as Spiderwoman in order to enter a competition – but when she got there she became a real-life superhero, intervening in a serious domestic violence incident. Sade, a 27-year-old teacher, won PAK'nSAVE’s superhero-themed birthday promotion – and a…

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New Zealand: 120 checkout operators from Bay of Plenty New World and PAK’nSAVE stores competed for Foodstuffs North Island Checker of Year title

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — Last night, more than 120 checkout operators from Bay of Plenty New World and PAK’nSAVE stores tested their skills against each other onstage at the Baycourt Centre with the hope of ultimately taking out the title of Foodstuffs North Island Checker of Year. The checkers were judged by…

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New Zealand: Pams wins Reader’s Digest Most Trusted Supermarket Home Brand for the fourth consecutive time

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — This is the fourth consecutive win for Pams in the Reader’s Digest Most Trusted Supermarket Home Brand. The independent survey asked more than 1200 New Zealander’s what brands they trusted across a range of categories; including supermarkets and supermarket own brands. Rod Gibson, General Manager, Foodstuffs Own Brands says…

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New World named New Zealand’s Most Trusted Supermarket for the first time

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — New World is absolutely delighted to have won New Zealand’s Most Trusted Supermarket for the first time. Steve Anderson, Managing Director, Foodstuffs New Zealand says, “We think there is no higher praise than that of our customers, and this award is direct recognition that we are consistently delivering quality product, range and service,…

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New Zealand: Foodstuffs supermarkets invests more than $200 million on new stores and store refurbishments nationwide

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — A stocktake of property developments currently underway by Foodstuffs supermarkets shows more than $200 million is being invested nationwide on new stores and store refurbishments. Work includes the construction of seven new stores, worth around $120 million in total – four in the North Island and three in…

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New Zealand: Checkout operators from Waikato New World and PAK’nSAVE stores competed against each other for Foodstuffs North Island Checker of Year title

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — Last night, more than 50 checkout operators from Waikato New World and PAK’nSAVE stores tested their skills against each other onstage at the Clarence St Theatre with the hope of ultimately taking out the title of Foodstuffs North Island Checker of Year. The checkers were judged by a…

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Advance Auto Parts president George Sherman to step down from his current role on August 13

ROANOKE, Va., 2016-Aug-01 — /EPR Retail News/ — Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, serving both professional installer and do-it-yourself customers, today announced that George Sherman, who currently serves as the Company’s President, will step down from his current role on August 13, and remain with the…

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Amazon Launchpad announces creation of Kickstarter Collection featuring more than 300 Kickstarter products available on Amazon.com

SEATTLE, 2016-Aug-01 — /EPR Retail News/ — Amazon Launchpad announced today the creation of a Kickstarter Collection (www.amazon.com/launchpad/kickstarter), featuring more than 300 Kickstarter products available for purchase on Amazon.com. Startups featured in the Kickstarter Collection include Piper, Zivix, Prynt, and MudWatt, among others. Customers shopping the Kickstarter Collection can browse a variety of categories, including Electronics,…

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Amazon to open fulfillment center in Jacksonville, FL

SEATTLE, 2016-Aug-01 — /EPR Retail News/ — Amazon.com (NASDAQ: AMZN) today announced plans for a more than 800,000-square-foot fulfillment center in Jacksonville, Fla. Amazon will create more than 1,500 full-time jobs at the site when the fulfillment center opens. “Becoming a member of the Jacksonville community is very exciting for us as we grow our presence in…

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Nordstrom to add Madewell merchandise to an additional 20 stores this fall

SEATTLE, 2016-Aug-01 — /EPR Retail News/ — Nordstrom (NYSE: JWN) announced plans to expand its partnership with Madewell by adding the brand to an additional 20 stores this fall. This is the third distribution expansion since the initial launch of the partnership in March 2015 and will result in the retailer carrying Madewell in a total of…

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Macy’s annual Fashion Pass initiative to benefit The Elizabeth Taylor AIDS Foundation and the Council of Fashion Designers of America Foundation, Inc.

NEW YORK, 2016-Aug-01 — /EPR Retail News/ — Giving back is always in style at Macy’s and starting tomorrow, customers can join the spirit of giving by participating in Macy’s Fashion Pass. From July 28 to Aug. 7, with a $5 donation at the register, Macy’s shoppers will receive 15 percent to 25 percent off a…

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TAG Heuer announces new partnership with Manchester United football club

Beijing, China, 2016-Aug-01 — /EPR Retail News/ — On July 24, TAG Heuer announced a new partnership with the prestigious Manchester United football club. This follows partnerships with the EnglishPremier League at the end of April and the Spanish LaLiga in mid-July. The announcement was celebrated in Beijing at an event attended by United players. The…

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British Land announces new design partnership with the Royal College of Art

London, 2016-Aug-01 — /EPR Retail News/ — British Land has today announced a new design partnership with the Royal College of Art, the world’s number one university for Art and Design. The three-year initiative will challenge students to find creative solutions to development opportunities across British Land’s portfolio. Innovative and inspired design is integral to British Land’s…

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Bath: Aviva Investors and British Land secured three new restaurants at SouthGate’s newly redeveloped Little SouthGate restaurant quarter

London, 2016-Aug-01 — /EPR Retail News/ — Aviva Investors and British Land have secured three new restaurants at SouthGate Bath. All the operators are new to the city. Thai street food chain Thaikhun (3,700 sq ft, 25 year lease), Lebanese and eastern Mediterranean restaurant Comptoir Libanais (4,000 sq ft, 20 year lease) and Absurd Bird (3,000 sq…

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British Land becomes a member of RE100,

London, 2016-Aug-01 — /EPR Retail News/ — Following on from our switch to renewable electricity purchasing in April 2016, British Land has become a member of RE100, a forward thinking global collaboration of businesses committed to using 100% electricity from renewable sources. The initiative convened by The Climate Group in partnership with Carbon Disclosure Project will drive…

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Millstone Middle School the latest educational facility to incorporate Wakefern’s Supermarket Careers Program

Keasbey, NJ, 2016-Aug-01 — /EPR Retail News/ — In the back corner of Millstone Middle School are two empty rooms. Think of them as blank slates, a pair of canvases that Wakefern will utilize to enrich lives through education. In less than three months, these rooms will be painted, polished and prepped. In less than three months, this…

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US Foods to host Q2-FY2016 live conference call and webcast on August 9

Rosemont, Ill., 2016-Aug-01 — /EPR Retail News/ — US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss Fiscal 2016 second quarter results on Tuesday, August 9 at 9:00 am CDT. The conference call can be accessed live over the phone by dialing (855) 788-2805; the conference ID number is 95116637. …

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Federated Co-operatives Limited to build two new fertilizer terminals in Western Canada

Saskatoon, SK, Canada , 2016-Aug-01 — /EPR Retail News/ — Federated Co-operatives Limited (FCL) is investing $75 million to build two new state-of-the-art, high-throughput fertilizer terminals in Western Canada. “These are not only investments in agriculture, they are investments in western Canadian communities,” said Scott Banda, CEO of FCL. “The fact that we are building these facilities in…

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RILA announces the appointment of Evan Armstrong as Vice President for Government Affairs

Arlington , VA, 2016-Aug-01 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) announced today that Evan Armstrong will join the association as Vice President for Government Affairs. Armstrong will lead advocacy efforts related to workforce and employment issues before Congress and federal agencies, including the Department of Labor (DOL), the EEOC and NLRB. Armstrong…

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Kimco Realty Corp. implements several strategic initiatives to enhance its capital structure while improving both its growth profile and tax efficiency

NEW HYDE PARK, NEW YORK, 2016-Aug-01 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced the implementation of several strategic initiatives to enhance the company’s capital structure while improving both its growth profile and tax efficiency. The plans include: 1) Redeeming two outstanding series of Canadian-dollar-denominated notes totaling CAD $350 million due in…

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Kimco Realty Corp. implements several strategic initiatives to enhance its capital structure while improving both its growth profile and tax efficiency

NEW HYDE PARK, New York, 2016-Aug-01 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced that it will redeem $290,915,000 aggregate principal amount of its 5.70% Senior Notes due 2017 (CUSIP No. 49446RAH2) (the “Senior Notes”), representing all outstanding Senior Notes, on August 26, 2016 (the “Redemption Date”). The Senior Notes were issued pursuant…

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Kimco Realty Corp. and KRCX North Holdings, LLC: Redemption of $350 Million Canadian-Denominated Series 3 and Series 4 Notes

NEW HYDE PARK, New York, 2016-Aug-01 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) and its wholly-owned entity, KRCX North Holdings, LLC, announced today that the outstanding aggregate principal amount of CAD $150 million Series 3 5.99% notes, maturing April 13, 2018 (“Series 3 Notes”), and the outstanding aggregate principal amount of CAD $200…

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Krispy Kreme acquisition by JAB Beech completed

WINSTON-SALEM, N.C., 2016-Aug-01 — /EPR Retail News/ — Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (“Krispy Kreme” or the “Company”) and JAB Beech Inc. (“JAB Beech”), an indirect controlled subsidiary of JAB Holding Company (“JAB”), today announced the successful completion of the acquisition of Krispy Kreme by JAB Beech. The acquisition was announced on May 9, 2016,…

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There will be nearly 40 Toys“R”Us Outlet locations to shop at by the end of this year

WAYNE, NJ, 2016-Aug-01 — /EPR Retail News/ — Outlet retailing has taken off over the past couple of years, with a growing number of outlet centers1 and increased popularity among consumers for off-price shopping2. And, it’s no wonder why – if you’re anything like me, you love a good deal. A friend asks, “Cute top! Where’d you…

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Toys“R”Us, Inc.: 76% of 2017 notes and 47% of 2018 notes validly tendered

The company also announces the extension of early tender date for the previously announced private exchange offers by TRU Taj LLC for outstanding 10.375% senior notes due 2017 and 7.375% senior notes due 2018. WAYNE, NJ, 2016-Aug-01 — /EPR Retail News/ — Toys“R”Us, Inc. (the “Company”) today announced that as of 5:00 p.m., New York City time,…

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