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John Lewis Christmas barometer: Record fashion and home sales weeks

This week's big story: Record fashion and home sales weeks LONDON, 2014-12-23 — /EPR Retail News/ — Both our Fashion and Home directorates had record sales weeks and this was reflected in their year-on-year increases of +2.5% and +0.6% respectively.The Fashion directorate's record sales week reflected the last minute gifting trend with premium beauty +5% year-on-year…
December 23, 20140Comments

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Business Healthcare Management Retail Retailer

Walgreens announced the second step of the Alliance Boots transaction expected to close on 31 December 2014

NOTTINGHAM, UK, 2014-12-23 — /EPR Retail News/ — Alliance Boots notes that Walgreens has today announced that, subject to shareholder approval, the second step of the Alliance Boots transaction is expected to close on 31 December 2014, ahead of the original goal. As previously disclosed, Walgreens will hold a special Meeting of shareholders on 29 December…
December 23, 20140Comments

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Business Food & Beverage Management Philanthropy Retail Retailer

Starbucks employees to organize community service projects during the holidays

SEATTLE, 2014-12-23 — /EPR Retail News/ — The ‘most wonderful time of the year’ can also be the most difficult time of the year for families in need. Starbucks partners (employees) step in to help by organizing community service projects during the holidays. From collecting and distributing food to families to leading toy drives and packing…
December 23, 20140Comments

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Business Management Retail Retailer

Carrefour France and Cora / Supermarchés Match to cooperate on purchasing

Boulogne-Billancourt, France, 2014-12-23 — /EPR Retail News/ — Carrefour France and Cora / Supermarchés Match announce today that they have signed an agreement to cooperate on purchasing. This agreement establishes a long-term partnership, with no equity ties between the two companies, under which both companies maintain their independence while committing to sustainable relationships with their suppliers.…
December 23, 20140Comments

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Business Grocery Management Retail Retailer

PT. Matahari Putra Prima Tbk opened its 105th Hypermart at one of the largest modern shopping centers in Bau-Bau, Indonesia

Lippo Village, Tangerang, Indonesia, 2014-12-23 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, opened its 105th Hypermart. The new Hypermart is located at Lippo Plaza Buton, one of the largest modern shopping centers in Bau-Bau. This outlet is the first Hypermart located…
December 23, 20140Comments

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Business Financial Management Retail Retailer

Kingfisher plc to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for £140 million

LONDON, 2014-12-23 — /EPR Retail News/ — Kingfisher plc, Europe's leading home improvement retailer, today announces a binding agreement to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for a total cash consideration of £140 million. The agreement follows Kingfisher’s previous announcement of its plans to look for a…
December 23, 20140Comments

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Awards Business Human Resources Management Retail Retailer

Auchan won 2 human resources related awards in China

PARIS, 2014-12-23 — /EPR Retail News/ — Auchan China had been selected as a winner of the "100 best Human Resource Management companies of 2014" award and of the "outstanding performance for best E-Learning develoment of 2014" award. These Awards were sponsored by 51job.Inc, the leading integrated human resources service provider in China. This is a great honor…
December 23, 20140Comments

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Business Management Retail

NRF’s 2014 Return Fraud Survey: the industry will lose an estimated $10.9 billion to return fraud this year

WASHINGTON, 2014-12-22 — /EPR Retail News/ — Techniques and processes put in place to thwart criminal activity around retailers’ return policies continue to be put to the test, and with steadily improving retail sales, even more is on the line when it comes to losses from return fraud. According to the National Retail Federation’s 2014 Return…
December 22, 20140Comments

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Business Management Marketing Retail Retailer

2,100 Sainsbury’s office workers pledge over 3,800 days of their time to help out in stores over the busy Christmas period

LONDON, 2014-12-22 — /EPR Retail News/ — This year, over 2,100 Sainsbury’s office workers from the retailer’s store support centres in London, Manchester, Coventry and Edinburgh will pledge over 3,800 days of their time to help out in stores over the busy Christmas period. Sainsbury’s suppliers are also joining in, with more than 480 people from 121…
December 22, 20140Comments

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Business Financial Management Retail Retailer

Walgreen Co. intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA”

Company intends to delist and deregister common stock from NYSE and CHX DEERFIELD, Ill., 2014-12-22 — /EPR Retail News/ — Walgreen Co. (NYSE: WAG) (Nasdaq: WAG) announced today that it intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA” following the…
December 22, 20140Comments

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Business Grocery Management Retail Retailer Shops

Russia’s largest retailer “Magnit” announces the opening of its 89th “Magnit Family” store

Krasnodar, Russia, 2014-12-22 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of a new hypermarket and “Magnit Family” stores. Please be informed that on December 20, 2014 the Company has opened its 89th “Magnit Family” store. The 89th “Magnit Family” store is located at Gafiatullina…
December 22, 20140Comments

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Business Management Retail Retailer

AB Acquisition LLC and Safeway Inc. to sell 168 stores across eight states to four buyers

Subject to FTC approval, divested stores will continue to operate as competing grocery stores BOISE, ID and PLEASANTON, CA, 2014-12-22 — /EPR Retail News/ — AB Acquisition LLC (Albertsons) and Safeway Inc. (NYSE: SWY) announced today that they have entered into agreements, subject to approval by the Federal Trade Commission (FTC), to sell 168 stores across eight…
December 22, 20140Comments

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Business Food & Beverage Gifts Marketing Retail Retailer

Starbucks: Teavana teamed up with lifestyle maven Camille Styles to create five great gift ideas for everyone on your shopping list this holiday

SEATTLE, 2014-12-22 — /EPR Retail News/ — Last-minute gifts can still be memorable ones with a few thoughtful touches. Teavana teamed up with lifestyle maven Camille Styles to create five great gift ideas for everyone on your shopping list this holiday. 1. Christmas Morning Breakfast for the Hostess Surprise your holiday hostess with a gift basket with…
December 22, 20140Comments

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Awards Business Management Retail Retailer

Carrefour received 3 Design Awards – more than any other company – at Observeur du design awards on 9 December 2014

Boulogne-Billancourt, France, 2014-12-22 — /EPR Retail News/ — On 9 December 2014, Observeur du Design awards were given to 29 designs out of the 150 objects that were shortlisted this year. The awards ceremony was held at Paris’ Cité des sciences et de l’industrie and was an opportunity for various key players involved in French design…
December 22, 20140Comments

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Business Management Retail Retailer

Target CEO Brian Cornell announced several leadership roles in key areas to fuel digital transformation and enhance guest experience

Casey Carl elevated to Chief Strategy and Innovation Officer MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — Target Corporation (NYSE: TGT) Chairman and Chief Executive Officer Brian Cornell today announced the elevation and expansion of several leadership roles in key areas across the enterprise, as the retailer continues to accelerate the business, fuel its digital transformation and enhance the…
December 19, 20140Comments

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Business Management Retail Retailer

Target: Unbeatable Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

Guests Will Find Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — With one week until Christmas, Target Corp.(NYSE: TGT) today announced that it will continue to offer guests unbeatable last-minute deals and free shipping on Target.com – where orders placed through Saturday,…
December 19, 20140Comments

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Business Management Retail Retailer

Russia’s largest food retailer “Magnit” announced the opening of the new “Magnit Family” stores

Krasnodar, RUSSIA, 2014-12-19 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the new “Magnit Family” stores. Please be informed that today the Company has opened its 87th and 88th “Magnit Family” stores. The 87th “Magnit Family” store is located at 91, Krasnoflotskaya street…
December 19, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer

Inter IKEA Group sold 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (IKEA Group)

Leiden, Netherlands, 2014-12-19 — /EPR Retail News/ — Inter IKEA Group has signed an agreement to sell its 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (also referred to as the IKEA Group). Ingka Group already owns 49% of the shares of Inter IKEA Centre Group. The transaction will enable Ingka Group to bring…
December 19, 20140Comments

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Business Healthcare Management Retail Retailer

CBRE Group’s healthcare specialty group achieved 14 long-term contracts signed in 2014

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients. Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and MemorialCare…
December 19, 20140Comments

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Business Management Marketing Retail

CBRE Research’s survey: London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations

Three of Five Priciest Markets are in Asia; Five of 10 Fastest Growing Occupancy Cost Markets are in U.S. Los Angeles, 2014-12-19 — /EPR Retail News/ — London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE…
December 19, 20140Comments

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Business Financial Malls Management Retail

CBRE Group, Inc. acquired its affiliate commercial real estate services firm in Oklahoma and northwest Arkansas

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999. CBRE | Oklahoma is one of the region’s leading providers of leasing,…
December 19, 20140Comments

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Business Grocery Management Marketing Retail Retailer

PT. Matahari Putra Prima Tbk presents the new concept of Hypermart 7th Generation at Cyberpark, North Lippo Karawaci, Tangerang with 8,971 sqm gross area

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), the leading modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, proudly presents the new concept of Hypermart 7th Generation (G7), located at Cyberpark, North Lippo Karawaci, Tangerang, with a gross area of 8,971 sqm. The G7 concept…
December 19, 20140Comments

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Awards Business Grocery Management Retail Retailer

Hypermart awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for category of Social Disaster organized by Dompet Dhuafa

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, announced its core business, Hypermart, was awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for Category of Social Disaster organized by Dompet Dhuafa. The award was given by Executive Director of…
December 19, 20140Comments

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Business Grocery Marketing Retail Retailer

Carol Ann’s Bake Shop, Fisherman’s Net, Salsa’s and The Sausage Guy open at Stop & Shop McGrath Highway Somerville Store

7 Days a Week Customers Can Sit and Eat In or Purchase Meals To Go From Carol Ann’s Bake Shop, Fisherman’s Net, Salsa’s and The Sausage Guy Quincy, MA, 2014-12-19 — /EPR Retail News/ — The Stop & Shop Supermarket Company LLC is now offering customers an exciting, varied assortment from four well-known local restaurants at the Somerville,…
December 19, 20140Comments

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Business Grocery Management Marketing Retail Retailer

Hy-Vee CEO Randy Edeker presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award

WEST DES MOINES, Iowa, 2014-12-19 — /EPR Retail News/ — Hy-Vee, Inc. CEO Randy Edeker recently presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award to recognize them for excellence in customer service. Hy-Vee’s Customer Experience Program, which began in fiscal year 2014, is designed to evaluate customers’ shopping experiences. Stores are rated…
December 19, 20140Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation reported $6.7 billion revenues for its fiscal third quarter ended November 29, 2014

• Third Quarter Net Income of $104.8 Million and Net Income per Diluted Share of $0.10, Compared to Prior Year's Third Quarter Net Income of $71.5 Million and Net Income per Diluted Share of $0.04 • Third Quarter Adjusted EBITDA of $332.8 Million Compared to Adjusted EBITDA of $282.3 Million in Prior Third Quarter • Rite Aid Raises Fiscal 2015 Outlook CAMP HILL, Pa., 2014-12-18…
December 18, 20140Comments

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Business Management Marketing Retail Retailer

NRF’s Holiday Consumer Spending Survey: the average holiday shopper completed 52.9 percent of their shopping as of December 10, up from 49.9 percent last year

WASHINGTON, 2014-12-18 — /EPR Retail News/ — For millions of Americans the rush to find the perfect gift started early this year, and according to the National Retail Federation’s latest Holiday Consumer Spending Survey conducted by Prosper Insights & Analytics, the average holiday shopper has completed 52.9 percent of their shopping as of December 10, up…
December 18, 20140Comments

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Business Management Retail Retailer

UK’s foremost investigator of labour exploitation GLA to deliver bespoke training for the Sainsbury’s product suppliers

LONDON, 2014-12-18 — /EPR Retail News/ — The GLA has teamed up with Sainsbury’s in a ground-breaking partnership between the UK’s foremost investigator of labour exploitation and the supermarket to deliver bespoke training for its product suppliers. The training focuses on assisting Sainsbury’s suppliers in identifying whether hidden exploitative practices exist at the farms, pack houses,…
December 18, 20140Comments

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Business Financial Management Retail Retailer

Brazilian investment company Península takes 10% stake in Carrefour subsidiary in Brazil

Boulogne-Billancourt, France, 2014-12-18 — /EPR Retail News/ — The Carrefour group announces today that the Brazilian investment company Península, chaired by Abilio Diniz, is taking a 10% stake in its subsidiary in Brazil. This transaction is a significant first step in the plan, previously announced by Carrefour group Chairman and Chief Executive Officer, Georges Plassat, to bring…
December 18, 20140Comments

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Business Grocery Management Retail Retail Services Retailer

Customers at 400 Tesco stores will have dedicated bag packers working every day from now until Christmas Eve

• Customers to receive the best possible service this Christmas as Tesco steps up customer service efforts • From today 400 Tesco stores will have teams of 6-9 bag packers • All large stores will also have a dedicated greeter at the store entrance Cheshunt, England, 2014-12-18 — /EPR Retail News/ — Customers at 400 Tesco stores will have…
December 18, 20140Comments

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