Brisbane, 2015-2-9 — /EPR Retail News/ — CBRE has swept the commercial categories at the 2015 REIQ Awards for Excellence, winning three trophies including Commercial Agency of the Year.
CBRE Asset Services Director Julie Magennis was named Commercial Property Manager of the Year while CBRE Associate Director, Capital Markets, Peter Court was named Commercial Salesperson of the…
Business
Company announces details for Eighth and Grand location, partnership with Councilman Jose Huizar
LOS ANGELES, 2015-2-9 — /EPR Retail News/ — Whole Foods Market’s 41,000-square-foot downtown Los Angeles flagship store, under construction at 770 Grand Avenue, will open Nov. 4, 2015.
The store, which will bring more than 150 jobs to the area, is part of a larger development…
Amsterdam, 2015-2-9 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today that Fitch Ratings (‘Fitch’) has assigned the Company Long-term foreign and local currency Issuer Default Ratings of 'BB' and a National Long-term Rating of ‘AA-(rus)’. The Outlooks for both ratings are…
- Guide issued to industry on how to ensure illegal fish is kept out of supply chains
- Global annual cost of ‘pirate' fishing estimated to be as much as US $23.5 billion
LONDON, 2015-2-9 — /EPR Retail News/ — In a detailed joint ‘Advisory Note' launched today, the British Retail Consortium (BRC), Environmental Justice Foundation (EJF)…
LONDON, 2015-2-9 — /EPR Retail News/ — Further to the announcement made on 17th November 2014, and in accordance with paragraph 9.6.12 of the Listing Rules, Marks and Spencer Group plc today confirms that Helen Weir CBE will take up the position of Chief Finance Officer and join the Board on 1st April 2015.
For further…
MILTON KEYNES, UK, 2015-2-6 — /EPR Retail News/ — John Lewis has announced that it will open a new distribution centre (DC) in Milton Keynes, to support the growth of its omnichannel business in both shops and online.
John Lewis has signed a 25-year lease on the 638,000 sq feet warehouse. The DC will support the…
Mecklenburg County, NC, 2015-2-6 — /EPR Retail News/ — Saturday, Feb. 7, 2015 through Sunday, Feb. 15, 2015, Harris Teeter will be collecting non-perishable food items in all of its Mecklenburg County stores to benefit Loaves & Fishes, a food pantry program which provides a week’s worth of nutritious groceries at no cost to individuals and…
Los Angeles, 2015-2-6 — /EPR Retail News/ — CBRE Group, Inc. today announced the launch of an innovative broker training video and resource center specifically designed and aimed at understanding and promoting sustainable aspects of commercial real estate assets. CBRE’s training program will be offered to the Company’s more than 2,900 U.S. brokerage professionals. A preview video…
Norway, China, Japan and Germany Major Players in U.S. Market
Los Angeles, 2015-2-6 — /EPR Retail News/ — Canada is the unrivaled global investor in U.S. real estate with nearly $10 billion of direct investments in 2014—ahead of Norway, China, Japan and Germany—according to the latest research from CBRE.
Global direct investment in U.S. real estate totaled $41…
MINNEAPOLIS, 2015-2-5 — /EPR Retail News/ — Target Corporation (NYSE:TGT) will webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time. Investors and others are invited to access the presentations and Q&A session online on the Events & Presentations section of Target.com/Investors. The webcast will be…
New store at Bowman and Chenal Parkway opens Feb. 18
LITTLE ROCK, Ark., 2015-2-5 — /EPR Retail News/ — The long-awaited relocation of Little Rock’s Whole Foods Market is almost here. On Wednesday, Feb. 18, the 34,000-square-foot store will open its doors.
In addition to an expanded range of high quality natural and organic products, the store will…
24 RediClinics Now Open in Greater Baltimore/Washington D.C. and Philadelphia Markets
CAMP HILL, Pa., 2015-2-5 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) announced today that 24 RediClinics are now open inside select Rite Aid pharmacies in the greater Baltimore/Washington D.C and Philadelphia markets. These are the first clinics to open inside Rite Aid pharmacies since…
Vilnius, Lithuania, 2015-2-5 — /EPR Retail News/ — Last year the consolidated turnover of the company “MAXIMA GRUPĖ” was EUR 2,583 billion without VAT, and grew 2.5 percent as compared with 2013. The retail chains belonging to the company in the Baltics, Poland, and Bulgaria focused on increasing the competitiveness and more effective organization of operations. 17…
LONDON, 2015-2-5 — /EPR Retail News/ — John Lewis Partnership today hosts the inaugural Inspire EO conference, aimed at providing an insight into the benefits of giving private and public sector employees a stake in their business.
Employee ownership has been shown to produce fast employment and sales growth; lead to higher productivity and profitability; and…
SEATTLE and ATLANTA, 2015-2-5 — /EPR Retail News/ — Delta Air Lines (NYSE: DAL) and Starbucks Coffee Company (Nasdaq: SBUX) announced today that Delta will extend existing service of Starbucks® coffee onboard every Delta and Delta Connection flight around the globe. Delta officially began serving Starbucks® Pike Place® Roast and Starbucks VIA® Ready Brew Italian Roast…
BRUSSELS, Belgium, 2015-2-4 — /EPR Retail News/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that the total shareholding of certain of its subsidiaries crossed the threshold of 3% of the shares issued by Delhaize Group…
LONDON, 2015-2-4 — /EPR Retail News/ — Overall shop prices reported deflation for the 21st consecutive month, decelerating to 1.3% in January, after reporting deflation of 1.7% in December.
Food reported annual deflation of 0.5% in January after reporting inflation of 0.1% in December.
On a 12 month average basis, the Shop Price Index reported deflation of…
Sedans and SUVs challenge sports cars for midlife purchase of choice, new CarMax survey reveals
RICHMOND, Virginia, 2015-2-4 — /EPR Retail News/ — For many, the words “midlife crisis car” immediately bring to mind “flashy, red and sporty.” CarMax, Inc. (NYSE: KMX) today published a survey on midlife crisis car trends, and the results may be surprising: sedans…
Riyadh, Kingdom of Saudi Arabia, 2015-2-4 — /EPR Retail News/ — Saudi Automotive Services Co. (SASCO) announces for the Board's decision on February 3, 2015 approving the appointment of Mr. Ali Mohammed Ali Aba Al-Khail as a board member in the vacant seat (Independent Member) with effect from the date of the decision until the…
Cheshunt, England, 2015-2-3 — /EPR Retail News/ — Tesco confirms that it has agreed to pay the liquidated damages contractually due to Philip Clarke (£1,217,000) and Laurie McIlwee (£970,880) under their separation agreements as former directors of the Company (the “Payments”).
At the time of the Company's last interim results, it was noted that the Payments…
Kesko's web service at www.kesko.fi has been redesigned. The new website is responsive, which improves its usability especially on mobile devices.
HELSINKI, Finland, 2015-2-3 — /EPR Retail News/ — The website look has also been revised. New functionalities include a report centre which improves, for example, the searchability of investor materials, and services which enhance the following…
Paderborn, Germany, 2015-2-3 — /EPR Retail News/ — At EuroCIS 2015 in Düsseldorf, Wincor Nixdorf will show how its combination of hardware, software and professional services helps retailers deliver a seamless omnichannel experience for consumers. In this context, the company will also provide information on the latest version of its retail software suite TP.net 5.5.
According…
McNamara will play a key role in Target’s digital transformation
MINNEAPOLIS, 2015-2-3 — /EPR Retail News/ — Target Corporation today announced that Mike McNamara will assume the role of executive vice president and chief information officer. As the company’s top technology leader, McNamara will further advance Target’s digital transformation and help Target become a leading omnichannel retailer.
McNamara replaces…
Helsinki, Finland, 2015-2-2 — /EPR Retail News/ — Timo Virtanen, 47, M.Sc. (Tech.), eMBA, Director of VV-Auto Group Oy's After Sales Services, has been appointed Konekesko Ltd's President as from 1 May 2015.
Aatos Kivelä, who has been Konekesko's President since 2006, will retire on an old age pension with effect from the beginning of May…
LONDON, 2015-2-2 — /EPR Retail News/ — In March 2013 the John Lewis Partnership announced that it would review its pension scheme to ensure that it remains both fair to Partners and affordable to the Partnership. After considerable discussion and debate, the Partnership Council voted unanimously in favour of the final proposal.
The final proposal has…
Fifteen new stores focus on localization and guest experience, including two TargetExpress locations in the Washington, D.C. area and one in Chicago
MINNEAPOLIS, 2015-2-2 — /EPR Retail News/ — Target Corp. (NYSE: TGT) will open 15 stores in 2015, including three distinct store formats: eight TargetExpress locations, one CityTarget and six general merchandise stores. Target’s strategic store growth is…
Milton Keynes, UK, 2015-2-2 — /EPR Retail News/ — On 26 January 2015 Morrisons will open its 400th UK cafe in Milton Keynes, ranking it within the top ten largest foodservice operators in the country.
Morrisons 400 cafe outlets now serve 800,000 customers 35 million meals each year, turning over £225m. This will rank Morrisons foodservice…
Krasnodar, Russia, 2015-2-2 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), announces the change of the official website for information disclosure.
Please be informed that the official website used by the Company for information disclosure has been changed from http://www.magnit-info.ru to http://ir.magnit.com.
According to the legislation of the Russian Federation,…
POLAND, 2015-2-2 — /EPR Retail News/ — On 30 January Rossmann celebrates its 1,000th store opening in Poland.
This milestone has sealed the brand's undisputed market leadership with a 26% share in the Polish drugstore and cosmetics sector, operating in more than 400 Polish towns and cities, and every day they are visited by nearly 600,000 customers, as…
LONDON, 2015-1-30 — /EPR Retail News/ — The latest report from the British Retail Consortium (BRC) confirms Britain's retailers are on course to meet ambitious voluntary targets to reduce the direct environmental impact of their operations. The figures and case studies, which form part of the BRC's progress report on the industry initiative A Better Retailing…