Dixons Carphone appoints Alex Baldock as Group Chief Executive

LONDON, 2018-Jan-23 — /EPR Retail News/ — Dixons Carphone plc announces the appointment of Alex Baldock as Group Chief Executive from April 2018, to succeed Sebastian James who has informed the board of his decision to step down around the end of the financial year after six years in the role. Sebastian will be joining Walgreens […]

Tops Friendly Markets introduces Better For You packages in its bulk department

WILLIAMSVILLE, N.Y., 2018-Jan-23 — /EPR Retail News/ — As American’s are becoming more and more health conscious, retailers are finding customers are buying less food items in bulk and are becoming more conservative in their portion sizes. This shift to “less is more” can prove to be a challenge especially for a store team whose emphasis […]

Fortune magazine named CBRE Group a World’s Most Admired Company in the real estate industry for the sixth consecutive year

Los Angeles, 2018-Jan-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today  (January 22, 2018) announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year. Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the […]

X5 Retail Group assigned long-term credit rating of ruAA with a stable outlook by RAEX rating agency

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces that RAEX rating agency (“RAEX”) has assigned X5 a long-term credit rating of ruAA with a stable outlook. RAEX in its press release outlines the key factors contributing to this credit rating, which […]

X5 Retail announces net retail sales and operational results for the Q4 and full year 2017

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announces preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2017(1). X5 Chief Executive Officer Igor Shekhterman said: “X5 delivered strong growth […]

Rite Aid updates on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc.

CAMP HILL, Pa., 2018-Jan-23 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today (Jan. 22, 2018) provided an update on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc. (Nasdaq: WBA) pursuant to the previously disclosed Amended and Restated Asset Purchase Agreement, dated as of September 18, 2017 (the “Asset […]

Tesco announces removal of People Managers to simplify its operational structures

Welwyn Garden City, UK, 2018-Jan-23 — /EPR Retail News/ — Tesco has today (22 Jan 2018) announced changes to simplify its operational structures to improve efficiency and give line managers clearer accountability for colleague and customer experience. As part of these changes, the role of People Manager and Compliance Manager will be removed from large […]

Waitrose commits to not sell any own label food in black plastic beyond 2019

LONDON, 2018-Jan-23 — /EPR Retail News/ — And black plastic will not be used for Waitrose meat, fish, fruit and veg by end of this year Waitrose has pledged to not sell any own label food in black plastic beyond 2019 – this is the earliest date a supermarket has committed to removing black plastic […]

John Lewis partners with design team PATTERNITY to launch its first ever Fashion and Home collaboration

Department store works with the design duo famous for using pattern to encourage people to slow down, be more mindful and appreciate the world LONDON, 2018-Jan-23 — /EPR Retail News/ — John Lewis has partnered with design team PATTERNITY to launch its first ever Fashion and Home collaboration, encompassing both homeware and athleisure. The PATTERNITY+ […]

LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline

LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline   Paris, 2018-Jan-23 — /EPR Retail News/ — LVMH announces the appointment of Hedi Slimane as Artistic, Creative and Image Director of Céline with effect from February this year. He will direct all Céline collections, extending to men’s fashion, couture and fragrances. Hedi Slimane’s […]