British Land: New lettings further strengthen the retail, leisure and F&B offer at Fort Kinnaird, Edinburgh

British Land: New lettings further strengthen the retail, leisure and F&B offer at Fort Kinnaird, Edinburgh

LONDON, UK, 2017-Oct-12 — /EPR Retail News/ — The Gibraltar Limited Partnership has announced thirteen new lettings and an additional four re-gears totalling more than 135,000 sq ft including mezzanine space at Fort Kinnaird, Edinburgh. British Land is property advisor to the Gibraltar Limited Partnership.

The new lettings further strengthen the retail, leisure and F&B offer at the centre and include:

  • JD Sports is doubling in size with a new 10,000 sq ft store on a 10 year lease
  • Schuh and Schuh Kids will complement the centre’s existing fashion offer with a new 5,000 sq ft store on a 10 year lease
  • Waterstones has opened a new 3,800 sq ft café concept store on a 10 year lease
  • Office has signed for a new 2,500 sq ft store on a 10 year lease
  • Starbucks is to open a new format café in a bespoke 2,500 sq ft unit on a 10 year lease
  • Card Factory is moving within the scheme and has signed for a new 2,300 sq ft store on a five year lease
  • O2 will be relocating to a new 2,000 sq ft store on a five year lease
  • Tui has signed for a new 1,700 sq ft store on a 10 year lease
  • Currys PC World is upsizing to a new regional flagship store over 39,500 sq ft (ground and mezzanine) on a 10 year lease
  • Pure Gym is to open a new 20,000 sq ft gym over two levels on a 10 year lease
  • Oak Furniture Land has opened its second Edinburgh store with 18,000 sq ft (ground and mezzanine) on a 10 year lease
  • Wilko continues its UK expansion with a new 10,700 sq ft store on a 10 year lease
  • Tapi Carpets has taken 5,300 sq ft on a 10 year lease.

In addition to the new lettings, a number of retailers have demonstrated their commitment to Fort Kinnaird by extending their leases, including Perfume Shop (10 years), Vision Express (10 years), Clarks (five years), and Carphone Warehouse (three years).

James Varley, Asset Manager for British Land, said: “The scale of these lettings, with a number of leading brands choosing to locate their flagship stores with us, is a great endorsement of the work we have done at Fort Kinnaird to enhance the environment for our customers. Our understanding of the way people shop, grounded in data analytics, is enabling us to respond to their needs with a targeted retail and leisure mix, as well as space to relax and be entertained.”

Fort Kinnaird has seen footfall increase and trading hours extended since the opening of a 57,000 sq ft leisure quarter and a bespoke 39,000 sq ft Primark. The leisure quarter, featuring a seven screen Odeon cinema and a range of restaurants, has also extended the centre’s catchment and average dwell time.

Fort Kinnaird is ranked first in its category by Trevor Wood Associates (Going Shopping 2017) and second in its category in Scotland according to CACI.

Fort Kinnaird has a catchment of 840,000 people and features 66 leading shopping and leisure brands including Primark, Odeon, Next, River Island, Boots and Currys.

British Land is Property Adviser to HUT and Crestbridge Hercules Management IC is the Manager.

The Gibraltar Limited Partnership was advised by Eric Young & Co and Paradigm Property Consultants.

Enquiries:
Investor Relations
Cressida Curtis, British Land 020 7467 2938
Media
Pip Wood, British Land 020 7467 2838
Jackie Janssen, British Land 020 7467 3449
Emma Hammond, FTI Consulting 020 3727 1227
Gordon Simpson, Finsbury Group 020 7251 3801

Notes to Editors

About British Land
Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £19.1 billion (British Land share: £13.9 billion) as at 31 March 2017 making us one of Europe’s largest listed real estate investment companies.

Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.

Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 48% of our portfolio. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 46 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.

Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. Our industry-leading sustainability performance led to British Land being awarded a five star rating in the 2017 Global Real Estate Sustainability Benchmark for the second year running.

In April 2016 British Land received the Queen’s Award for Enterprise: Sustainable Development, the UK’s highest accolade for business success for economic, social and environmental achievements over a period of five years.

Further details can be found on the British Land website at www.britishland.com.

About The Gibraltar Limited Partnership 
The Gibraltar Limited Partnership is a 50/50 joint venture between Hercules Unit Trust (HUT) and The Crown Estate (www.thecrownestate.co.uk). The partnership also owns Gallagher retail centre in Cheltenham.

About Hercules Unit Trust
Hercules Unit Trust (HUT) is a Jersey-based closed-ended property unit trust with a fixed life which has been extended to 2020, and is subject to further extension with unit holder consent. HUT’s primary investment focus is major retail properties in the United Kingdom and, in particular, those properties that offer a critical mass of retailing and, where possible, have the benefit of Open A1 planning consent. As at 31 March 2017, we own 76% of the fund.

HUT is the UK’s largest specialist retail warehouse property unit trust. As at 31 March 2017, the Trust owned and managed 12 regional and local centres, including Glasgow Fort and 50% of Fort Kinnaird in Edinburgh, providing in total around 3.5 million sq ft of space. Key tenants include Primark, Next, Boots, M&S, Arcadia, H&M, New Look, JD Sports and TK Maxx.

British Land is Property Adviser to HUT and Crestbridge Hercules Management IC is the Manager.

About Crestbridge Hercules Management IC
Crestbridge Hercules Management IC is a cell company subsidiary of Crestbridge Management ICC, part of the Crestbridge group of companies. Crestbridge is an independent provider of administration, management and corporate governance services. Crestbridge Hercules Management IC is regulated by the Jersey Financial Services Commission.

SOURCE: British Land

British Land rolls out its training programme Bright Lights Starting Out

British Land rolls out its training programme Bright Lights Starting Out

LONDON, UK, 2017-Oct-12 — /EPR Retail News/ — British Land, in partnership with The Source Skills Academy, is rolling out its training programme – Bright Lights Starting Out – across 13 of its Local and Regional retail centres to help youngi people find work in the retail, leisure, food and drink industry.

The free programme, which was launched at six centres in 2016, saw a success rate of 75% of graduates securing a job in retail and hospitality.

The aim of the programme is to provide unemployed young people with valuable skills to help them to start to build a career in modern retail or hospitality, combining classroom teaching with work placements. The five week course runs to coincide with Christmas recruitment. Each asset will see 15 young people aged 16-24 years old undertake the course which combines work place experience with the delivery of nationally accredited qualifications. The successful individuals will graduate with a Level 1 in Retail Knowledge, Level 2 WorldHost Principles of Customer Service and Level 1 Health & Safety.

Participants will benefit from coaching sessions with industry experts, support with interview and CV writing skills in addition to a personal mentor to get set goals for the next six months following completion of the programme.

At the end of the scheme, trainees will receive their formal qualifications at an official celebration event.

Charles Maudsley, Head of Retail, Leisure & Residential for British Land, said: “The retail industry is the UK’s largest private sector employer with some 2.9 million people working in the sector; a third of these are under 25 years old. Bright Lights and the Starting Out training programme is part of our commitment to connect with the local communities in which we operate, offering best in class service to help both our occupiers and local people to grow, thrive and gain new skills. The Starting Out programme is providing skills and training to young people, hugely important to help them in their future careers and to achieve recognised qualifications.”

Bright Lights supports people of all ages, abilities and backgrounds and includes apprenticeships, training and work experience, internships, employment programmes and graduate schemes. Through supporting local skills, employment and procurement, British Land is helping local people and businesses grow whilst at the same time creating a skilled workforce needed for the future and nurturing thriving economies around its assets.

The programme is being delivered at Meadowhall, Sheffield; St Stephen’s, Hull; Teesside, Stockton; Beaumont, Leicester; Serpentine Green, Peterborough; New Mersey, Speke; Giltbrook, Nottingham; Glasgow Fort, Glasgow; Surrey Quays, Rotherhithe; Ealing Broadway, W5; Fort Kinnaird, Edinburgh; Drake Circus, Plymouth and Broughton, Chester.

Enquiries:
Investor Relations
Cressida Curtis, British Land 020 7467 2938
Media
Pip Wood, British Land 020 7467 2838
Jackie Janssen, British Land 020 7467 3449
Emma Hammond, FTI Consulting 020 3727 1227
Gordon Simpson, Finsbury Group 020 7251 3801

Notes to Editors

About British Land
Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £19.1 billion (British Land share: £13.9 billion) as at 31 March 2017 making us one of Europe’s largest listed real estate investment companies.

Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.

Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 48% of our portfolio. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 46 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.

Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing.  Our industry-leading sustainability performance led to British Land being awarded a five star rating in the 2017 Global Real Estate Sustainability Benchmark for the second year running.

In April 2016 British Land received the Queen’s Award for Enterprise: Sustainable Development, the UK’s highest accolade for business success for economic, social and environmental achievements over a period of five years.

Further details can be found on the British Land website at www.britishland.com.

iThe programme is aimed at those between 16-24 years, with the exception of Drake Circus, Plymouth which has a different local requirement.

SOURCE: British Land

BRC: UK retail sales in September increased by 1.9% on a like-for-like basis from September 2016

LONDON, UK, 2017-Oct-12 — /EPR Retail News/ — Covering the four weeks 27 August – 30 September 2017

  • In September, UK retail sales increased by 1.9% on a like-for-like basis from September 2016, when they had increased 0.4% from the preceding year.
  • On a total basis, sales rose 2.3% in September, against a growth of 1.3% in September 2016. This is above the 3-month and 12-month averages of 2.1% and 1.7% respectively.
  • Over the three months to September 2017, In-store sales of Non-Food items declined 1.5% on a Total basis and 2.0% on a Like-for-like basis.
  • Over the three months to September, Food sales increased 2.5% on a like-for-like basis and 3.5% on a total basis. This remains above the 12-month Total average growth of 2.9%, the highest 12-month average since August 2013.
  • Over the three-months to September, Non-Food retail sales in the UK increased 0.5% on a like-for-like basis and 0.9% on a total basis, above the 12-month Total average growth of 0.7%.
  • Online sales of Non-Food products grew 10.7% in September, above both the 3-month and 12-month averages of 10.0% and 8.8% respectively. Online penetration rate increased from 21.5% in September 2016 to 22.4% in September 2017, the highest penetration rate since January.

 

Helen Dickinson OBE, Chief Executive | British Retail Consortium

“September saw a second consecutive month of relatively good sales growth which should indicate welcome news for retailers and the economy alike. Looking beneath the surface though, we see that much of this growth is being driven by price increases filtering through, particularly in food and clothing, which were the highest performing product categories for the month. Retailers have worked hard to keep a lid on price rises following the depreciation of the pound, but with a potent mix of more expensive imports and increasing business costs from various government policies, something had to give at some point.

“From a consumer perspective, spending is still being focussed towards essential purchases; with consumers buying their winter coats and back to school items, but shying away from big ticket items such as furniture and delaying the renewal of key household electrical goods.  Online has been the biggest beneficiary of the resilience in consumer spending capacity in the last two months, sustaining a return to double digit year on year growth figures as shoppers responded well to discounts and the ongoing investment by retailers in improving the mobile shopping experience.

“September’s overall growth may increase the likelihood of an uplift in interest rates in November. So with stronger headwinds brewing, its vital government keep a tight lid on those costs under its control, which impact on retailers, the cost of doing business and ultimately consumers. The Chancellor has a great opportunity to do just that in his upcoming budget by not adding yet another rise on the business rates bill of every retailer in the country.”

Paul Martin, Head of Retail | KPMG UK

“September’s performance will have left many retailers with smiles on their faces, with sales up 1.9 per cent on a like-for-like basis, compared to last year.

“Children’s clothing clearly hit the mark as one of the leading categories in the month, whilst the August bank holiday and favourable autumnal weather lent a helping hand to non-food sales. Grocers will also be feeling the warmth having performed particularly well, as food and drink remains in high demand with shoppers – although food price inflation continues to be a key driver of this growth.”

“Non-food online sales continued to soar with double digit growth, outpacing the uptick seen on the high street.

“However, with potential interest rate rises on the horizon, shaky consumer confidence and ever increasing levels of household debt, uncertainty remains. We’re now moving into the final quarter, which will ultimately define whether 2017 has been a good or bad year for retailers.”

Food & Drink sector performance | Joanne Denney-Finch, Chief Executive | IGD

“September was a consistently strong month for food and grocery sales with little variation from week to week. This extends the good run from spring into autumn, albeit driven more by rising prices than volumes.

“After several months of inflation, a growing number of people are taking more time to hunt down value. Just under half (46 per cent) of shoppers now say they usually look for the cheapest products, even if it takes more time, versus 40 per cent in March.”

SOURCE: British Retail Consortium

BRC Press Office

  • TELEPHONE+ 44 (0) 20 7854 8924
  • EMAIL media@brc.org.uk
  • OUT OF HOURS+44 (0) 7557 747 269

NRF and University of Phoenix announce the Dream BIG Scholarship recipients for 2017

WASHINGTON, 2017-Oct-12 — /EPR Retail News/ — The National Retail Federation and University of Phoenix today named the Dream BIG Scholarship recipients for 2017, recognizing individuals who want to enhance their retail careers through education.

“At NRF, we put a premium on lifelong learning, and we’re inspired by the number of individuals in the retail industry who are constantly looking for new ways to improve their craft,” NRF President and CEO Matthew Shay said. “Our mission is to nurture the raw talent and determination that exists in each one of our Dream BIG Scholarship recipients by giving them the resources they need to further their education. This opportunity for professional development is a win for scholarship recipients, their employers, the customers they serve and the retail industry at large.”

“Technology and consumer demands continue to drive change within the retail industries,” said Dennis Bonilla, executive dean, School of Business and College of Information Systems and Technology, University of Phoenix. “Education is essential to helping one grow in their career in order to be prepared for and take advantage of opportunities that change may bring. University of Phoenix is proud to work with the National Retail Federation to develop the next generation of leaders in retail by providing an industry-aligned education designed to help them succeed.”

The 20 recipients are current retail employees and were selected out of hundreds of applicants from 70 retailers across the country. Each will receive a full-tuition scholarship to pursue an undergraduate or master’s degree at University of Phoenix.

The recipients of the 2017 Dream Big scholarship are:

Pursuing a Bachelor’s Degree

  • Aundrea Hyde – Jewelry Sales Supervisor at Macy’s in Glendora, Calif.
  • Emily Villatoro – Assistant Department Manager at Nordstorm in Falls Church, Va.
  • Hailey McLean – Customer Solutions Training and Quality Assurance Sales Trainer at The Container Store in Flower Mound, Texas
  • Justin Martin – Area Sales Manager at Saks Fifth Avenue in Minneapolis
  • Katherine Watt – General Manager at Red Robin in Anaheim, Calif.
  • Kelly Corcoran – Visual Merchandising Lead at Mattel in Phoenix
  • Korinne Jones – Commercial Manager at IKEA in Oakbrook Terrace, Ill.
  • Leslie Courtney – Senior Director of Shared Services at The Kroger Co. in Fort Mitchell, Ky.
  • Natalie Harkness – Associate Buyer at Maurices in Duluth, Minn.
  • Sean Lenahan – Store Manager at Brooks Brothers in Sherman Oaks, Calif.
  • Varinia Boyd – District Manager at Brooks Brothers in Gilbert, AZ

Pursuing a Master’s Degree

  • Alexis Katsafanas – Assistant Buy Planner at Nordstrom in Seattle
  • Alison Wallace – Associate Planner at Burlington Stores in Philadelphia
  • Ana Baron – Production Administrative Support Personnel at The Kroger Co. in Moreno Valley, Calif.
  • Hannah Wong – Accounts Payable Operations Coordinator at Whole Foods Market in Austin, Texas
  • Katherine Mather – Customer Solutions Department Point Person at The Container Store in Lake Dallas, Texas
  • Kenny Rogers – Human Resources Business Partner at Steak n Shake in Sulphur Springs, Calif.
  • Kristen Turner – Assistant Buyer at Burlington Stores in Robbinsville, N.J.
  • Michael Billett – Area Manager at Mattress Firm in Boardman, Ohio
  • Shannon White – Store Manager at Lane Bryant in Atlanta, GA

Retail executives from some of the industry’s best-known companies including Best Buy, Neiman Marcus and The Container Store served as members of the executive judging committee that chose the recipients.

The Dream BIG Scholarship program is made possible through a collaboration between NRF’s nonprofit arm, the NRF Foundation, and University of Phoenix. This is the fifth year the NRF Foundation and University of Phoenix have offered the Dream BIG Scholarship, which is awarded to current retail employees. Meet the 2017 recipients and learn more about the Dream BIG Scholarship.

About University of Phoenix®
University of Phoenix is innovating to help working adults move efficiently from education to careers in a rapidly changing world. Flexible schedules, relevant and engaging courses, and interactive learning can help students more effectively pursue career and personal aspirations while balancing their busy lives. University of Phoenix serves a diverse student population, offering associate, bachelor’s, master’s and doctoral degree programs from campuses and learning centers across the U.S. as well as online throughout the world. For more information, visit phoenix.edu.

About NRF
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

SOURCE: NRF

Ana Serafin Smith
(202) 626-8189
press@nrf.com
(855) NRF-Press

NRF and Ascential PLC partner to provide insight, networking opportunities, intelligence to the global retail community

NRF and Ascential PLC partner to provide insight, networking opportunities, intelligence to the global retail community

WASHINGTON, 2017-Oct-12 — /EPR Retail News/ — The National Retail Federation and Ascential PLC, parent company of the World Retail Congress, today announced a global partnership to bring together their long-standing, convening power around the world. The partnership will leverage the strengths of each group to help continue to provide their shared audiences with insight, networking opportunities, intelligence and more in the years ahead.

“By bringing together the brainpower and credibility of NRF and the World Retail Congress, we ensure that the global retail community will have continued access to first-rate events and thought leadership about the transformation and future of retail,” NRF President and CEO Matthew Shay said. “With the WRC’s international acumen and NRF’s century-old U.S. leadership platform, we will continue to evolve to meet the needs of the modern-day retailer around the world.”

Between NRF’s Retail’s Big Show and Shop.org and Ascential’s annual World Retail Congress, the two organizations host the premiere retail forums each year. The announcement was made on stage today by Shay and WRC Chairman Ian McGarrigle at Ascential’s Retail Congress Asia-Pacific conference in Hong Kong.

“This is a very special partnership which recognizes the great relationship the World Retail Congress has built up with the National Retail Federation,” McGarrigle said. “As the world’s biggest retail trade association, they will be an invaluable help in continuing to ensure that the Congress reflects the key issues and topics that are at the forefront of all retail leaders’ minds.”

The partnership is supported at the highest levels of both organizations.

“As the industry continues to change, there is so much to learn from our colleagues and innovators around the globe,” said Macy’s Executive Chairman Terry Lundgren, who is chairman of the NRF Board of Directors. “It makes perfect sense for two organizations seeking to serve the same industry and facing the same challenges to collaborate and not work independent of one another. This is the right opportunity at the right time.”

“We’re delighted to announce a global partnership between Ascential PLC and the National Retail Federation,” Ascential CEO Duncan Painter said. “The collaboration of our organizations has the express purpose of furthering global connections and knowledge sharing that support this dynamic industry as leaders continue to navigate the extraordinary changes and opportunities posed by the digital revolution.”

About Ascential
Ascential is a global business-to-business media company that informs and connects the business world in 150 countries through market-leading exhibitions and festivals and information services. Ascential powers the prestigious Cannes Lions festival for the branded communications industry, the world’s premier payments and financial services congress Money20/20, Spring Fair/Autumn Fair, World Retail Congress, the global trend forecasting service WGSN, environmental risk data business Groundsure, e-commerce analytics provider One Click Retail and MediaLink, the strategic advisory and business services firm. Ascential’s premium products enable focus, growth and value. The company provides customers with world class content and connections empowering their businesses to be the best informed and best connected. www.ascential.com

About NRF
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

SOURCE: NRF

Ana Serafin Smith
(202) 626-8189
press@nrf.com
(855) NRF-Press

NRF/Hackett Associates report: Imports break records two months in a row as retailers brought in merchandise for the holiday season

WASHINGTON, 2017-Oct-12 — /EPR Retail News/ — Imports set a second all-time monthly record high this summer as retailers brought in merchandise for the busy holiday season, and are continuing at unusually high levels this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“When imports break records two months in a row, it’s hard to see that as anything other than a good sign about what retailers expect in consumer demand,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Consumers are buying more, and everybody from dockworkers to truck drivers is trying to keep up. We hope this is a sign of a strong holiday season for retailers, shoppers and our nation’s economy.”

Ports covered by Global Port Tracker handled 1.8 million Twenty-Foot Equivalent Units in August, the latest month for which after-the-fact numbers are available. The volume was the highest recorded since NRF began tracking imports in 2000, topping the previous record of 1.78 million TEU set just one month earlier in July. The record before that had been 1.73 million TEU in March 2015. August was up 1.4 percent over July and 5.6 percent over August 2016. A TEU is one 20-foot-long cargo container or its equivalent.

September was estimated at 1.65 million TEU, up 3.7 percent from last year, and October is forecast at 1.72 million TEU, up 2.8 percent. While not a record, the October number would be one of only six times in the report’s history that any month has hit 1.7 million TEU or higher. November is forecast at 1.62 million TEU, down 1.7 percent from last year, and December is forecast at 1.59 million TEU, up 1.3 percent.

Growth has slowed from the first half of the year but 2017 is expected to total 19.8 million TEU, topping last year’s previous record of 18.8 million TEU by 5.4 percent. That compares with 2016’s 3.1 percent increase over 2015. The first half of 2017 totaled 9.7 million TEU, up 7.5 percent from the same period in 2016.

January 2018 is forecast at 1.64 million TEU, down 2 percent from January 2017, and February is forecast at 1.58 million TEU, up 10 percent from the same month in 2017.

The import numbers come as NRF is forecasting that 2017 retail sales  will grow between 3.2 and 3.8 percent over 2016 and that this year’s holiday sales will grow between 3.6 and 4 percent. Cargo volume does not correlate directly with sales because only the number of containers is counted, not the value of the cargo inside, but nonetheless provides a barometer of retailers’ expectations.

“The volume of containers imported through August continues to grow and we expect this to continue through October before a slack period arrives as the holiday season inventory buildup comes to an end,” Hackett Associates Founder Ben Hackett said. “We do expect growth in imports to slacken off in the coming year, but it will still remain positive.”

Global Port Tracker, which is produced for NRF by the consulting firm Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades and Miami on the East Coast, and Houston on the Gulf Coast. The report is free to NRF retail members, and subscription information is available at www.nrf.com/PortTracker or by calling (202) 783-7971. Subscription information for non-members can be found at www.globalporttracker.com.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF.com

Hackett Associates provides expert consulting, research and advisory services to the international maritime industry, government agencies and international institutions. www.hackettassociates.com

SOURCE: NRF

MEDIA CONTACT

J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

Asda unveils Tickled Pink campaign to support Breast Cancer Care and Breast Cancer Now

Asda unveils Tickled Pink campaign to support Breast Cancer Care and Breast Cancer Now

LEEDS, UK, 2017-Oct-12 — /EPR Retail News/ — World-famous fashion photographer Rankin has captured portraits of UK celebrities, including TV Presenter Amanda Holden and Saturday’s pop star Frankie Bridge for Asda’s Tickled Pink campaign raising money to support Breast Cancer Care and Breast Cancer Now.

They are joined by fashion darling and daughter of Rock legend Noel Gallagher, Anais Gallagher; alongside Cora Corre, model and granddaughter of Punk pioneer Dame Vivienne Westwood. Jacqui Ritchie, British model, mother and wife of film director Guy Ritchie also stars in the campaign, as well as British actress and presenter Donna Air. British supermodel and multiple Vogue cover star, Cecilia Chancellor also stars in the campaign, which has raised £55 million so far.

Anais Gallagher says, “It’s the first time I have joined Asda’s Tickled Pink campaign for Breast Cancer Care and Breast Cancer Now and I am so proud to be part of it. Every 10 minutes, someone in the UK is diagnosed with breast cancer. I’m encouraging everyone to buy Tickled Pink products to help everyone affected by breast cancer, the most common cancer in the UK.”

Amanda Holden says, “It’s so exciting to be part of the Tickled Pink campaign this year, and amazing to know that this will encourage people to get involved in supporting the campaign this October. I am officially ‘Proud to be Pink’ and thrilled to support such an incredible cause.”

Frankie Bridge says, “Breast cancer is still the most common cancer in the UK. I am so proud to support Asda’s Tickled Pink campaign which has transformed the work of two charities and has incredibly raised more than £55 million over the last 21 years.”

Cora Corre says, ‘I’m really proud to support a cause close to my heart and celebrate the 21st anniversary. Show your support; join us and wear your t-shirt this October!’

Jacqui Ritchie says, “Everybody knows somebody… Let’s make sure that our loved ones are supported today and that the future generation will benefit for endless tomorrows. Please show your support by wearing a Tickled Pink T-shirt, alongside us this October.”

Donna Air says, “I am immensely proud to be part of Asda’s Tickled Pink campaign which has helped the two charities to provide support and vital research. I love that Tickled Pink makes it easy for people to get involved and show their support; you can even just pick up something from the range on your weekly shop.”

Cecelia Chancellor says, “It was a pleasure and a privilege to be part of the shoot to support Asda’s Tickled Pink campaign which raises money for the charities ‘Breast Cancer Care’ and ‘Breast Cancer Now’. Please do pop into Asda to buy one of the fab Tickled Pink T shirts or other products to support this very important cause.”

Samia al Qadhi, Chief Executive of Breast Cancer Care and Baroness Delyth Morgan, Chief Executive of Breast Cancer Now said, “We would like to thank Asda’s colleagues, customers and suppliers for all they have done to support those affected by breast cancer.

“We’re so proud of everything Asda’s Tickled Pink campaign has achieved over the past 21 years. Funds raised for Tickled Pink are vital to the work of both charities; to provide specialist support and care for people living with, through and beyond breast cancer, and to invest in world-class research to stop women dying of this devastating disease once and for all.

“It’s wonderful to see this incredible line-up of celebrities supporting Tickled Pink this year and we are thrilled to have their support in helping us to raise awareness and funds for the work of both charities.”

The campaign has been raising money for Breast Cancer Care and Breast Cancer Now for 21 years, with the funds raised helping to support people diagnosed with breast cancer and helping to progress life-saving breast cancer research. Asda’s Tickled Pink campaign has helped Breast Cancer Care and Breast Cancer Now achieve improved care, support and information for anyone affected by the disease, as well as funding vital research to help stop women dying of breast cancer in the future.

The Tickled Pink T-shirt, £8, and exclusive products from George and Asda go on sale in store and online from 2nd October.

For all further information contact the George team at Lee Publicity
Tel: 020 7833 5885/ Email: GeorgeTeam@leepublicity.co.uk

Notes to Editors

About Asda Stores Ltd:
Founded in the 1960s in Yorkshire, Asda is one of Britain’s leading retailers. It has more than 165,000 dedicated Asda colleagues serving customers across 606 stores, including 33 Supercentres, 336 Superstores, 33 Asda Living stores, 204 Supermarkets, and we’ve 26 depots and 18 Stand Alone Petrol stations. Its main office is in Leeds, Yorkshire and its George clothing division is in Lutterworth, Leicestershire. More than 17 million people shop at Asda stores every week and 98 per cent of UK homes are served by www.ASDA.com. Asda joined Walmart, the world’s number one retailer, in 1999.

About Breast Cancer Care:
When you have breast cancer, everything changes. Time becomes measured in appointments. The next scan. The next results. The next challenge. At Breast Cancer Care, we understand the emotions, challenges and decisions you face every day. So, from the day you notice something’s not right to the day you begin to move forward, we’ll be here to help you through.
Whether you want to speak to our nurses, download our specialist information or connect with volunteers who have faced what you are facing now, we can help you feel more in control.

For care, support and information from day one, call our nurses free on 0808 800 6000 or visit www.breastcancercare.org.uk

About Breast Cancer Now:
Breast Cancer Now is the UK’s largest breast cancer charity.
Breast Cancer Now’s ambition is that by 2050 everyone who develops breast cancer will live. The charity is determined to stop women dying from the disease, working in a new, collaborative way and bringing together all those affected by breast cancer to fund research, share knowledge and find answers.

Breast Cancer Now’s world-class research is focused entirely on breast cancer. The charity supports nearly 450 of the world’s brightest researchers at more than 20 locations across the UK and Ireland. Together, they’re working to discover how to prevent breast cancer, how to detect it earlier and how to treat it effectively at every stage so we can stop the disease taking lives.

Breast cancer is still the most common cancer in the UK. Nearly 700,000 people living in the UK have experienced a diagnosis and one in eight women will face it in their lifetime. This year alone, more than 50,000 women will be told they have the disease.

The UK still has one of the lowest breast cancer survival rates in Western Europe and this year alone around 11,500 women and 80 men will lose their lives – that’s nearly 1,000 deaths each month. It’s time to act.

Breast Cancer Now launched in June 2015, created by the merger of leading research charities Breast Cancer Campaign and Breakthrough Breast Cancer.
For more information on Breast Cancer Now’s work, visit www.breastcancernow.org or follow us on Twitter or on Facebook.

SOURCE: ASDA

MEDIA CONTACT
0113 826 2829

NACS Consumer Fuels Survey: consumers optimistic about the economy as gas prices fall

ALEXANDRIA, Va., 2017-Oct-12 — /EPR Retail News/ — Consumers have seen gas prices fall after the temporary supply disruptions caused by Hurricanes Harvey and Irma and they say they are more optimistic about the economy, according to the latest national NACS Consumer Fuels Survey.

Americans say that they have seen gas prices fall 9 cents to $2.50 per gallon over the past month, and one in four (24%) expect prices to continue to fall this month, far higher than the number who normally say gas prices will decrease this time of the year. In October 2016, only 11% of Americans said they thought gas prices would decline that month.

This sentiment is particularly strong in the South, the region most impacted by Hurricanes Harvey and Irma. A third (34%) of Southern gas purchasers say they believe prices will drop in the next 30 days.

Lower gas prices have boosted consumer optimism over the economy. Consumer optimism shot up seven points to 61% from September’s reading of 54%, the highest level recorded since March 2017. Men are significantly more optimistic than women (68% vs. 56%) but there are no significant differences by age group. Consumer optimism is strongest in the South (64%) and Northeast (64%), and slightly weaker in the Midwest (59%) and West (58%).

Overall, three in four (76%) consumers say that gas prices impact their feelings about the economy and that is particularly true among younger consumers. Nearly nine in 10 Americans (87%) ages 18 to 34 say that gas prices affect their economic confidence. Similarly, the drop in prices also affects their spending: 37% of this age group say they will drive more this month and 24% say they will spend more this month than last month.

“Sales at convenience stores are directly tied to the economy, fuel prices and the weather. The return of consumer confidence is great news as we start the fourth quarter of 2017,” said Jeff Lenard, NACS vice president of strategic industry initiatives.

In preparation for—and in response to—to the hurricane season (defined as June 1 to November 30), NACS continues to work with its partners at the American Red Cross to help collect donations for areas impacted by the hurricanes. NACS also has developed resources to assist retailers and others with disaster recovery and relief.

The survey was conducted online by PSB (Penn Schoen Berland); 1,103 U.S. adults who purchase fuel for a vehicle such as a car, truck or van at least once per month were surveyed October 3-6, 2017. Summary results are available at nacsonline.com/fuelssurvey.

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NACS advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve. The U.S. convenience store industry, with more than 154,000 stores nationwide selling fuel, food and merchandise, serves 160 million customers daily—half of the U.S. population—and has sales that are 10.8% of total U.S. retail and foodservice sales. NACS has 2,100 retailer and 1,750 supplier members from more than 50 countries.

SOURCE: NACS

For media interviews/comments contact Jeff Lenard.

NACS survey: Convenience store food sales grows; retailers optimistic on business prospects for the remainder of 2017

ALEXANDRIA, Va., 2017-Oct-12 — /EPR Retail News/ — Convenience store retailers say that in-store sales have performed strong so far this year, and they are optimistic about their business prospects for the remainder of 2017, largely because of the growth in food sales, according to a survey of U.S. retailers released today by the National Association of Convenience Stores (NACS).

Three in five convenience store retailers (60%) say that in-store sales in the first nine months of 2017 were higher than the same period last year, compared to 20% who say sales thus far were lower. And one in three (35%) say that motor fuels sales were higher compared to the first nine months, compared to 27% who say sales were lower.

Three in four retailers (75%) say they are optimistic about how their business will perform leading into the fourth quarter. While retailers attributed several reasons for both strong sales and optimism, an increased emphasis on fresh food sales was most often cited. Pride C-Stores Inc. (Columbia City, IN) is placing a greater emphasis on prepared foods, Kwik Trip (La Crosse, WI) continues to grow its hot foods program, and Cameron Park Petroleum (Folsom, CA) is experiencing strong sales with its fresh sandwich program.

A robust foodservice program is just part of the overall reimaging program at Landhope Corp. (Kennett Square, PA). As part of its remodeling process, the stores have provided more fueling locations for customers, improved aesthetics with enhanced lighting both inside and outside the store and an expanded foodservice program that has been well-received by customers, noted Dennis McCartney, the company’s director of operations.

Greater consumer confidence also has helped grow store sales, according to the retailers NACS surveyed. Both the economy and consumer confidence was cited as an important factor growing sales at Gate Petroleum Co. (Jacksonville, FL) and Gore’s 66 (Tuttle, OK).

In fact, the survey found that most convenience store retailers are equally optimistic about the overall economy. More than three in four (76%) say that they are optimistic about the economy in the fourth quarter, a significant increase from this time a year ago when only 53% of retailers were optimistic about the economy. Additionally, 73% of retailers say they are optimistic about the convenience store industry’s prospects leading into 2018.

“We are becoming well known for awesome food, clean facilities and great customer service,” said Don Burd with Otter Creek Country Stores Inc., summing up both his company’s and the industry’s prospects.

Despite the overall optimism, retailers did express some concerns, citing high insurance costs, a shrinking labor pool and increased competition from retail disruptors like Amazon, noted Michael Lanman with Lanman Oil Co. (Charleston, IL).

Most survey respondents (60%) also say that they will be attending next week’s NACS Show, October 17-20 at McCormick Place in Chicago. Retailers cited finding new ideas and networking as the prime reasons for attending the NACS Show, which annually draws more than 22,000 attendees. Specifically, retailers say they are looking forward to finding new foodservice equipment, hear ideas from their peers that will help drive operational efficiencies and explore new trends that could enhance their businesses.

“I’m going so that I can network and learn from those who are trying to improve their businesses. Remember the law of serendipity: Lady Luck favors those who try,” said Lonnie McQuirter with 36 Lyn Refuel Station (Minneapolis, MN).

The quarterly NACS Retailer Sentiment Survey tracks retailer sentiment related to their businesses, the industry and the economy. A total of 90 member companies, representing a cumulative 1,778 stores, participated in the October 2017 survey.

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NACS advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve. The U.S. convenience store industry, with more than 154,000 stores nationwide selling fuel, food and merchandise, serves 160 million customers daily—half of the U.S. population—and has sales that are 10.8% of total U.S. retail and foodservice sales. NACS has 2,100 retailer and 1,750 supplier members from more than 50 countries.

SOURCE: NACS

For media interviews/comments contact Jeff Lenard.

Miele continues to expand its online presence in 18 new international markets with Intershop Commerce Suite

  • Premium appliances producer expands into 18 new international markets
  • Avoids expensive e-commerce re-platforming
  • Based on Microsoft Azure Cloud Germany (MCD) and SaaS model

Jena, Germany, 2017-Oct-12 — /EPR Retail News/ — Premium appliances producer Miele is continuing to expand its online presence in 18 new markets, with the Intershop Commerce Suite. The MS Azure-based software-as-a-service (SaaS) platform is already live in Australia and New Zealand and will be live in the other countries by the mid of October.

Daniel Kaschula, Head of Program Management E-Commerce, Miele explains, “We require the performance of an enterprise-grade commerce solution across our international operations, but are also mindful that our e-commerce teams in our emerging markets are relatively small. So, we opted for a solution that is both affordable and easy to manage. The modular nature of the Intershop platform allows us to upgrade the functionality of the online operation as required, without an expensive re-platforming exercise.”

Updating its e-commerce platform to the latest version of Intershop Commerce Suite, the underlying SaaS infrastructure has also moved to the Microsoft Cloud Germany (MCD) and integrates with Intershop´s Full Service image server, SAP for category and product import, as well as ERP systems ASW, Navision and IBS. Each of the 18 online channels has different feature sets, offers single sign-on and Facebook sign-in functionality for ease of use and integrates seamlessly with Miele’s warehouse systems.

Axel Köhler, COO at Intershop comments:”Miele has been a customer of Intershop since 2010. Seeing them now migrating to our latest software in combination with Azure is much more than an ´educated guess´, but a consequent move based on experience to further grow their online business. We are very happy to support them further on that.”

The Miele Company has a long and rich history of high quality engineering. “Immer besser” was established early as the company motto and stands for a commitment to the highest quality standards, longevity and improvement, both in production and business practices. This philosophy is as relevant today as it was nearly 120 years ago. With global headquarters in Gütersloh, Germany, Miele is a world leader in the production of premium domestic and commercial appliances. The Company is represented with its own sales subsidiaries and via importers in almost 100 countries. The Company’s turnover now exceeds approx. € 3.93 bn.

About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

SOURCE: Intershop Communications AG

Intershop Public Relations

HEIDE RAUSCH

Head of Corporate Communication

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309

KappAhl announces proposal of share split and reduction of share capital through an automatic redemption procedure

Mölndal, Sweden, 2017-Oct-12 — /EPR Retail News/ — The Board of Directors of KappAhl AB (publ) has decided to propose to the Annual General Meeting on 5 December 2017 to make a decision about a share split and reduction of the share capital through an automatic redemption procedure. Through the redemption procedure approximately SEK 500 million will be transferred to KappAhl’s shareholders, corresponding to SEK 6.50 per share.

The proposal means that each KappAhl share will be split into two shares, of which one will be a redemption share. The redemption shares will then automatically be redeemed against a cash redemption payment of SEK 6.50 per share. Lastly, KappAhl’s share capital will be restored to the original amount through a bonus issue without issuing new shares. In order to carry out the redemption procedure the Board also proposes that the provision in the Articles of Association concerning the maximum and minimum number of shares is changed.

The share split and redemption procedure will take place automatically without the shareholder needing to take any action. The cash redemption payment is expected to take place during February 2018. The automatic redemption procedure is proposed in addition to the ordinary dividend communicated in the 2016/2017 year-end report.

Further information about the proposal will be included in the notice to attend the Annual General Meeting, which is expected to be published on 3 November 2017, and in the information brochure regarding the redemption procedure, which is expected to be published on 14 November 2017.

This information is information that KappAhl AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 07.31 CET on 12 October 2017. 

For further information, please contact
Anders Bülow, Chairman of the Board, T. +46 706 610 988
Charlotte Högberg, Head Corporate Communications, T. +46 704 715 631, charlotte.hogberg@kappahl.com

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 370 KappAhl and Newbie stores and Shop Online in Sweden, Norway, Finland and Poland. Our business idea is to offer value-for-money fashion of our own design to the many people. Sustainability-labeled fashion accounts for 53 per cent of the range. Sales for 2016/2017 totaled SEK 4.9 billion and the company has approx. 4,000 employees in nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

SOURCE: KappAhl

JCPenney announces limited-edition capsule collection by award-winning actress and style icon Tracee Ellis Ross

JCPenney announces limited-edition capsule collection by award-winning actress and style icon Tracee Ellis Ross

PLANO, Texas, 2017-Oct-12 — /EPR Retail News/ — This holiday season, JCPenney will be treating shoppers to an exclusive, limited-edition capsule collection created with award-winning actress and style icon Tracee Ellis Ross. Available at JCPenney in all stores and jcpenney.com beginning Nov. 12, Tracee Ellis Ross for JCPenney will inspire customers to embrace their joyful spirit with a collection of women’s apparel, accessories and home décor items.

“We are thrilled to bring Tracee’s style to life with her first-ever retail collection,” said Jodie Johnson, senior vice president of women’s apparel, jewelry, footwear and handbags for JCPenney. “Known for her fresh, bold and confident looks, it’s no wonder that women seek to emulate Tracee’s style. Infused with her unique design aesthetic, the ‘Tracee Ellis Ross for JCPenney’ capsule collection offers an affordable selection of stylish and gift-able items that gives customers another reason to shop us this holiday season.”

Ross, a Golden Globe award winner and star of ABC’s Black-ish, is known for her spirit in style, health and beauty. She’s long been a lover of fashion, beginning with her early career working in the industry as a model and as a contributing fashion editor to Mirabella and New York magazines. Today, whether it’s her perfectly curated red carpet looks or chic street style, the fashion world — and her millions of social media followers — have taken notice.

“It’s been my lifelong dream to design a line of clothing to utilize my love of style and clothes and to create a collection accessible to everyone that empowers women to embrace their joyful spirit. Each piece is timeless and versatile, classic but with flavor. They can be mixed and matched to create elegant looks for everybody and every body. JCPenney was a wonderful partner for me as I designed this affordable collection because I truly believe that looking good does not have to cost a lot,” said Tracee Ellis Ross. “At the same time I thought why not expand the joy of getting dressed into a few beautiful home décor items? These pieces add a special touch when entertaining friends and loved ones this holiday season, giving some sparkle and joy.”

Exuding Ross’ glamour and femininity, Tracee Ellis Ross for JCPenney mixes sophisticated prints and silhouettes offering customers an assortment of sparkly and colorful dresses, trousers, jackets, sleepwear, athleisure pieces and more. Customers can shop an array of fun and elegant looks for any occasion, whether it’s a sequin dress for a festive holiday party to a classic tuxedo jacket or a stretchy body con dress that easily goes from day to night or even pairing the collection’s red robe coat and trousers for a perfect monochromatic head-to-toe look. Apparel items will be offered in sizes small to 3X, with prices ranging from $29 to $74 and can be accessorized with a selection of handbags, totes and scarves, ranging from $19 to $24. Sleepwear items will range from $17 to $34. Ross’ holiday collection also extends to home accessories with a curated assortment of items including throw pillows, dessert dishes, high ball glasses and more, ranging from $12 to $19.

As an exclusive benefit, JCPenney Rewards members will be the first to know when the pink and gold sequin dresses from Tracee Ellis Ross for JCPenney are available for purchase on jcpenney.com before the full collection launches. Beginning Nov. 12, customers can find the Tracee Ellis Ross for JCPenney collection prominently displayed in a dedicated shop in store and online at jcp.com/TraceeEllisRoss.

For images, please visit www.jcpnewsroom.com.

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JCPenney Media Relations:
(972) 431-3400 or jcpnews@jcp.com
@jcpnews

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishings retailers, combines an expansive footprint of approximately 875 stores across the United States and Puerto Rico with a powerful e-commerce site, jcp.com, to connect with shoppers how, when and where they prefer to shop. At every customer touchpoint, she will get her Penney’s worth of a broad assortment of products from an extensive portfolio of private, exclusive and national brands. Powering this shopping experience is the customer service and warrior spirit of over 100,000 associates across the globe, all driving toward the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

SOURCE: J.C. Penney Corporation, Inc.

AHOLD DELHAIZE SHARE BUYBACK UPDATE: 809,415 COMMON SHARES REPURCHASED IN THE PERIOD FROM October 2, 2017 UP TO AND INCLUDING October 6, 2017

Zaandam, the Netherlands, 2017-Oct-12 — /EPR Retail News/ — Ahold Delhaize has repurchased 809,415 of Ahold Delhaize common shares in the period from October 2, 2017 up to and including October 6, 2017. The shares were repurchased at an average price of €15.94 per share for a total consideration of €12.9 million. These repurchases were made as part of the €1 billion share buyback program announced on December 7, 2016.

The total number of shares repurchased under this program to date is 45,908,173 common shares for a total consideration of €841 million.

Download the share buyback transactions excel sheet for detailed individual transaction information under “Files to download” (on the right).

Visit www.aholddelhaize.com/en/investors/share-information/share-buy-back-programs for a complete overview of all Ahold Delhaize share buyback programs.

SOURCE: Ahold Delhaize

MEDIA CONTACT

Ellen van Ginkel
Director External Communications
media.relations@aholddelhaize.com
+31 88 6595134

CBL Properties to close on Thanksgiving Day

CHATTANOOGA, Tenn., 2017-Oct-12 — /EPR Retail News/ — CBL Properties (NYSE:CBL) announced today that their portfolio of market-dominant regional shopping centers will close on Thanksgiving Day and open at 6:00 a.m. on Black Friday, November 24th.

“The support that we received last year when we made this decision was overwhelmingly positive,” said Stephen Lebovitz, President and CEO, CBL Properties, “It is based on this feedback from our retail partners, employees of CBL and retailers at our properties, as well as the customers in our markets that we made the decision to again close our centers on Thanksgiving Day.”

Department stores, movie theaters, restaurants, and retailers with exterior mall entrances will have the option to open their stores on Thursday. However, access to mall common areas will be restricted until 6:00 a.m. on Friday. Patrons should check their local center’s website for more specific information. Click here for a list of CBL properties.

Help us share the news, tweet or post using #MakeThanksgivingYours

About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 121 properties totaling 75.5 million square feet across 27 states, including 78 high-quality enclosed, outlet and open-air retail centers and 14 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

CBL Properties
Stacey Keating, (o) 423-490-8361 or (c) 724-331-0646
Director of Public Relations
Stacey.Keating@cblproperties.com

Source: CBL Properties

Harris Teeter to open its Belmont Town Center location on Tuesday, Oct. 24

Company to Celebrate Grand Opening with Sampling Event

Matthews, NC, 2017-Oct-12 — /EPR Retail News/ — Harris Teeter is proud to welcome shoppers to its Belmont Town Center location on Tuesday, Oct. 24 at 5 p.m. as the company celebrates its grand opening with a ribbon cutting ceremony and Taste of Teeter sampling event. This event is a complimentary, in-store sampling of Harris Teeter’s most unique products. Store registers will be open for sales.

This location will also feature a Harris Teeter Fuel Center, which will offer customers $0.03 off per gallon every day with the use of a VIC card, but shoppers are encouraged to fill up during the grand opening weekend when the Center will feature a special $0.20 off per gallon discount Oct. 27-29, 2017.

This fuel center is Harris Teeter’s center in Belmont, N.C. The company operates 17 other fuel centers throughout North Carolina, South Carolina and Virginia.

“Harris Teeter is thrilled to be joining the Belmont community,” said Danna Robinson, communication manager for Harris Teeter. “We are looking forward to getting to know our new neighbors, and we cannot wait for shoppers to see their brand new Harris Teeter store and Fuel Center.”

In each of its stores, Harris Teeter strives to offer customers an excellent shopping experience, which begins with customer service and features high-quality products, variety and selection. Harris Teeter also works to be a true community partner by supporting local schools and youth sports organizations, among other non-profit organizations.

Store Address Belmont Town Center
905 South Point Road
Belmont, NC 28012
Grand Opening Date
Tuesday, Oct. 24, 2017
Grand Opening Time
5 p.m.,ribbon cutting; sampling event immediately following
Store Hours 6 a.m. – midnight, 7 days a week
Store Square Footage
53,000
Check-Out Lanes
8 checkouts and 4 express checkouts
Pharmacy Hours Mon.-Fri. 9 a.m.-9 p.m.; Sat. 9 a.m.-7 p.m.; Sun. 10 a.m.-6 p.m.
Fuel Center Hours Staffed daily from 6 a.m. – 10 p.m.; fuel available for purchase by debit/credit card 24 hours
Fuel Dispensers Five

Store Features and Departments

Full-service Butchers Market with Rancher Beef, HT Reserve Angus Beef and USDA Certified Very Tender Beef • Fresh Store made sausage and burgers • Full-service Fishermans Market • Shrimp Party Trays • Farmers Market Produce • Produce Party Trays • Fresh Fruit Bar •  Salad Bar  • Full-Service Floral and Custom Floral Arrangements • Full-service Fresh Foods Market Deli/Bakery • Sushi • Self-Serve Olives • Hot Wing Bar • Hot Asian Foods Bar • International Cheeses • Custom Cakes and Ice Cream Cakes • Sub Shop • Made to Order Sandwich Program  • Artisan Breads • Boar’s Head Meats and Cheeses  • Fresh Made Pizza • Party Trays • Organic Foods • Beer and Wine • Local and Craft beers • Build Your Own 6-pack • Drive-Thru Pharmacy  •  Free Blood Pressure Testing  • Private, Professional Pharmacist Consultations • Double Coupons • Club 60 Discount • Carryout Service • Parcel Pick-up •  USCAN • Western Union • Coinstar • Rug Doctor • ExpressLane Online Shopping • Red Box DVD Rental Kiosk •  Starbucks •Sit-down eating area • ATM • Fuel Center • Ethanol-free Fuel

SOURCE: Harris Teeter Inc.