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Monthly Archives: May 2017

RioCan to sell 50% interest in Sunnybrook Plaza to Concert Real Estate Corporation

TORONTO, ONTARIO, 2017-May-25 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) and Concert Real Estate Corporation ("Concert") are pleased to announce the signing of a firm agreement on May 17, 2017, with RioCan selling a 50% interest in Sunnybrook Plaza at a sale price of $26.3 million ($52.5 million at 100%)…

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Armour Eckrich Meats recalls ready-to-eat sausage products that may be contaminated with extraneous materials

This recall does not impact retail consumers. The product was never sold in retail stores. This is a voluntary recall of a limited quantity of Eckrich® Cheddar Smok-y smoked sausage products sold to our foodservice customers ONLY. WASHINGTON, 2017-May-25 — /EPR Retail News/ — Armour Eckrich Meats, LLC, a Junction City, Kan. establishment,…

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New partnership to expand SPAR Brand in Southeast China

SPAR China Partners show increased revenue, growth in store numbers and announce new partner China, 2017-May-25 — /EPR Retail News/ — SPAR International (“SPAR”) and Yunnan Anning Jinfang Commercial Group (“Jinfang”) have announced a new partnership agreement authorising Jinfang to grow the SPAR Brand in Southeast China across Yunnan Province, Liu Pan Shui City, Bijie City, Buyi…

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SpartanNash appoints Kathy Mahoney as President MDV military division

SpartanNash appoints Kathy Mahoney as President MDV military division   Senior executive expands her role with the nation's fifth largest food distributor and leading distributor of grocery products to U.S. commissaries Byron Center, MI,, 2017-May-25 — /EPR Retail News/ — SpartanNash (Nasdaq: SPTN) today (May 24th, 2017) announced Executive Vice President and Chief Legal Officer Kathy Mahoney has been…

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SpartanNash 2017 annual shareholder meeting highlights

Byron Center, MI, 2017-May-25 — /EPR Retail News/ — SpartanNash Company (the "Company") (Nasdaq: SPTN) today (May 24th, 2017) announced that shareholders approved all proposals and re-elected all director nominees at its 2017 annual shareholder meeting, held yesterday in Grand Rapids, Michigan. Shareholders re-elected 11 directors to the Board of Directors for one-year terms expiring at…

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Smart & Final Stores announces participation in upcoming conferences

COMMERCE, Calif., 2017-May-25 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (May 24, 2017) announced that Richard Phegley, Senior Vice President and Chief Financial Officer, will participate in the following upcoming conferences: The RBC Capital Markets 2017 Consumer and Retail Conference taking place…

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Zalando to open its first Nordic fulfillment center in Sweden later this year

Zalando to open its first Nordic fulfillment center in Sweden later this year   BERLIN, Germany, 2017-May-25 — /EPR Retail News/ — Zalando, Europe’s leading online fashion platform, successfully completed its location search to open its first Nordic fulfillment center in Sweden later this year. Together with the developer NREP Logicenters, Zalando will build a fulfillment center in…

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Walgreens announces Memorial Day 20% discount for veterans, active duty military and families on May 29, 2017

DEERFIELD, Ill, 2017-May-25 — /EPR Retail News/ — To honor the service and sacrifices of Americans who served in the armed forces, Walgreens is offering a Memorial Day 20-percent discount to all veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their…

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75% of Walgreens mental health platform visitors who complete screenings take active steps for follow-up

One year into initiative and collaboration with Mental Health America, data shows nearly 75 percent of Walgreens visitors who complete screenings take active steps for follow-up DEERFIELD, Ill., 2017-May-25 — /EPR Retail News/ — One year after Walgreens launched its mental health initiative and collaboration with Mental Health America (MHA), data shows nearly 75 percent of…

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Teavana launches new line of summer cocktail-inspired iced teas

Teavana launches new line of summer cocktail-inspired iced teas   Seattle, 2017-May-25 — /EPR Retail News/ — When summer weekends beckon, there’s no better feeling that comes from the end of a hectic work week. With Memorial Day on the horizon, many of us start thinking about flip flops, sunshine and outdoor fun. Teavana is helping iced…

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Starbucks to open in Dallas, TX and Trenton, NJ as part of its initiative to invest in underserved communities across the U.S.

Starbucks to open in Dallas, TX and Trenton, NJ as part of its initiative to invest in underserved communities across the U.S.   Starbucks new stores in Dallas, TX and Trenton, NJ are part of the company’s strategy to invest in at least 15 underserved communities across the U.S. by 2018 Similar stores are open…

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Walmart enhances its military leave of absence policy

Company announces more than 170,000 veteran hires since 2013 and grants $100,000 to Tragedy Assistance Program for Survivors (TAPS) Bentonville, Ark., 2017-May-25 — /EPR Retail News/ — Today ( May 23, 2017), Walmart announced expansions to its military leave of absence policy, offering differential pay to all eligible military associates taking on assignments lasting more than…

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Amazon.com introduces Wedding Shop from Handmade at Amazon

Amazon.com introduces Wedding Shop from Handmade at Amazon   The Handmade Wedding Shop offers thousands of handcrafted items including wedding décor, invitations, gifts and jewelry Handmade at Amazon is the premier destination to shop for genuinely handcrafted items from artisans around the world SEATTLE, 2017-May-25 — /EPR Retail News/ — Amazon.com, Inc. (NASDAQ: AMZN) today…

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Sears Holdings announces agreement to annuitize $515 million of its pension obligations

Partial Repayment and Extension of Loan Facility Agreement to Annuitize $515 Million of Pension Liability HOFFMAN ESTATES, Ill., 2017-May-25 — /EPR Retail News/ — Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (NASDAQ: SHLD) today (May 23, 2017) announced agreements to extend a portion of its $500 million 2016 Secured Loan Facility…

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Sears Holdings to release its 1Q FY2017 financial results on Thursday, May 25, 2017

HOFFMAN ESTATES, Ill., 2017-May-25 — /EPR Retail News/ — Sears Holdings (NASDAQ: SHLD) announced today (May 23, 2017) that it expects to release its financial results for the Company's fiscal 2017 first quarter before the market opens on Thursday, May 25, 2017, and simultaneously post a pre-recorded conference call and audio webcast on its corporate website.…

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Guerlain opens new parfumeur boutique in Brussels; More international openings to follow

Guerlain opens new parfumeur boutique in Brussels; More international openings to follow   Paris, 2017-May-25 — /EPR Retail News/ — Following the success of its first concept store in Paris in 2016, Maison Guerlain is now opening boutiques dedicated exclusively to fragrances in other countries. The new boutique on prestigious avenue Louise in Brussels offers an unprecedented personalization…

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Glenmorangie launches two ambitious projects to purify and clean all the waste water from its whisky distillery

Glenmorangie launches two ambitious projects to purify and clean all the waste water from its whisky distillery   Paris, 2017-May-24 — /EPR Retail News/ — Glenmorangie initiated two ambitious projects at the end of May to purify and clean all the waste water from its whisky distillation process. The first is the creation of an anaerobic digestion plant…

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H&M Foundation makes new commitment to improving education, clean water and women’s economic empowerment

Stockholm, SWEDEN, 2017-May-24 — /EPR Retail News/ — With a donation of $20.5 million and three new Global Programs the non-profit H&M Foundation makes a new strong commitment to long-lasting improvements in education, clean water and women’s economic empowerment. The goal is not only to transform lives for some of the world's poorest, but also…

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The Michaels Companies, Inc. to host 1Q 2017 results conference call on Tuesday, June 6, 2017

IRVING, Texas, 2017-May-24 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today (2017-05-22) announced that the Company plans to report first quarter results on Tuesday, June 6, 2017, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT onTuesday, June 6,…

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British Land releases sixth version of its Sustainability Brief for Developments

London, 2017-May-24 — /EPR Retail News/ — The latest version of our Sustainability Brief for Developments supports our vision to create Places People Prefer – places that promote wellbeing and improve productivity; places considered part of their local communities; places designed for the future, flexible and adaptable as the world changes; places where local people…

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Opioid overdose-reversal medicine naloxone now available without prescription at all CVS Pharmacy locations in Arizona

PHOENIX, 2017-May-24 — /EPR Retail News/ — Attorney General Mark Brnovich and State Representative Heather Carter joined CVS Health (NYSE: CVS) today (May 23, 2017) in announcing an important step to increase access to the opioid overdose-reversal medicine naloxone by making it available without a prescription at all CVS Pharmacy locations in Arizona. Pharmacists in…

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BASQUE CULINARY CENTER y EROSKI premiarán la innovación gastronómica con productos locales

BASQUE CULINARY CENTER y EROSKI premiarán la innovación gastronómica con productos locales   El premio reconoce la labor de los cocineros y cocineras que otorgan una dimensión gastronómica a productos locales de gran tradición El plazo de presentación se abre mañana 23 de Mayo y se cierra el 29 de septiembre de 2017, y pueden…

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NRF’s David French: The border tax proposal would cause the tax burden on retailers to skyrocket

WASHINGTON, 2017-May-24 — /EPR Retail News/ — Retailers would “have no choice” but to pass the higher costs on to consumers if Congress passes a proposed $1 trillion border adjustment tax as part of tax reform, the National Retail Federation said today (May 23, 2017). “The border tax proposal would cause the tax burden on retailers…

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Asda extends its craft beer offering across Scottish stores with additional 25 new lines

Asda extends its craft beer offering across Scottish stores with additional 25 new lines   LEEDS, England, 2017-May-24 — /EPR Retail News/ — With customer demand for craft beer growing, Asda has today announced it is massively extending its craft beer offering across Scottish stores, after collaborating with 10 breweries to bring an additional 25 new lines…

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RILA’s Brian Dodge: The new border adjustable tax is a dangerous and untested proposal built upon deeply flawed economics

Dollar Will Not Adjust As Backers Claim, Even In Long-Term, Hurting Consumers And Importers Arlington , VA, 2017-May-24 — /EPR Retail News/ — An economic report released today (5/22/2017) from the international macroeconomics firm Capital Economics finds the economic theory behind the border adjustment tax to be a "gross simplification" of today's currency markets. The report concludes…

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RILA’s Jennifer Safavian: The border adjustment tax would jeopardize 42 million jobs retailers currently support

A Border Adjustable Tax Will Be ‘Uniformly Devastating’ To Retailers And Consumers Arlington , VA, 2017-May-24 — /EPR Retail News/ — ​Today (5/23/2017), Retail Industry Leaders Association Executive Vice President for Government Affairs Jennifer Safavian issued the following statement as the House Ways and Means Committee began its hearing examining the economic and consumer impact of…

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DDR prices $450 million of senior unsecured notes in an underwritten public offering

BEACHWOOD, Ohio, 2017-May-24 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (May 23, 2017) announced the pricing of $450 million of senior unsecured notes in an underwritten public offering.  The offering consists of $450 million of 4.700% notes due 2027.  The notes are being offered to investors at a price of 99.817% with a…

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NACS survey: Low gas prices likely to increase summer vacation spending but won’t lead to longer trips

ALEXANDRIA, Va, 2017-May-24 — /EPR Retail News/ — Low gas prices will likely lead to increased summer vacation spending but won’t lead to longer trips, according to a survey of gas customers conducted by the National Association of Convenience Stores (NACS), which represents the industry that sells an estimated 80% of the gas purchased in…

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Lolli & Pops to open 30 new stores in GGP Locations

The Boutique Sweet Shop Expands Physical Footprint with 30 Additional GGP Locations CHICAGO, 2017-May-24 — /EPR Retail News/ — Retail real estate company GGP Inc. announced today (May 22, 2017) its partnership with Lolli & Pops, Inc. to open 30 new locations. Brick-and-mortar is the primary channel to create meaningful, emotional connections with consumers, and the…

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