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Kesko intents to sell some of the store sites it owns to a joint venture to be set up instead of a real estate investment trust planned earlier

Helsinki, Finland, 2014-11-28 — /EPR Retail News/ — Kesko continues the preparation of a real estate arrangement. The intention is to sell some of the store sites it owns to a joint venture to be set up instead of a real estate investment trust planned earlier. The arrangement is expected to be implemented during the first…

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John Lewis plc priced the issue of £300,000,000 4.25% bonds due 2034 in the wholesale institutional bond markets

LONDON, 2014-11-28 — /EPR Retail News/ — John Lewis plc announces that it has today priced the issue of £300,000,000 4.25% bonds due 2034 (the “Bonds”) in the wholesale institutional bond markets. The bonds are expected to be issued on 4 December and to be listed on the Official List and admitted to trading on the…

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“Magnit” announces the opening of its 181st hypermarket and 76th “Magnit Family” store

Krasnodar, Russia, 2014-11-28 — /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 a “Magnit Family” store. Please be informed that today the Company has opened its 181st hypermarket and 76th “Magnit Family” store. The 181st hypermarket (small format) is located…

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Russia’s largest retailer “Magnit” announces the opening of the 1000th drogerie store

Krasnodar, Russia, 2014-11-28 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces the opening of the 1000th drogerie store. Please be informed that today the Company opened its 1000th drogerie store located at 18/1 Pavshikh Bortsov street, Mishkino village, Kurgan oblast. This is the first "Magnit Cosmetic" store in this location. The…

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Target Corporation kicked off the holiday season with strong early start to Black Friday weekend

Crowds Line Up at Stores Coast-to-Coast; Online Sales Break Records MINNEAPOLIS, 2014-11-28 — /EPR Retail News/ — Target Corporation (NYSE: TGT) kicked off the holiday season with a strong early start to Black Friday weekend, as guests across the U.S. shopped early deals and turned out for the 6 p.m. store openings. In addition, the company’s free shipping…

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Loraine Woodhouse to join the Board of John Lewis Partnership plc on 1 December 2014 as Acting Group Finance Director

LONDON, 2014-11-28 — /EPR Retail News/ — The John Lewis Partnership announces that Loraine Woodhouse is to join the Board of John Lewis Partnership plc on 1 December 2014 as Acting Group Finance Director. The Partnership announced on 17 November 2014 that Helen Weir, the Partnership's Finance Director, had tendered her resignation with a six month…

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Fair Development Fund combines Comic Relief’s expertise in awarding grants with Sainsbury’s experience and knowledge in farming and food to help producers in developing countries thrive

Fair Development Fund by Comic Relief and Sainsbury's is a unique partnership that combines Comic Relief's expertise in awarding grants with Sainsbury's 145 years of experience and knowledge in farming and food to help producers in developing countries thrive. LONDON, 2014-11-27 — /EPR Retail News/ — This means that farmers and workers have a better chance…

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Kesko to revise the Group’s divisional structure by integrating non-food part of K-citymarket chain into Kesko Food Ltd

Kesko will revise the Group's divisional structure by integrating K-citymarket Oy, the non-food part of the K-citymarket chain currently part of the home and speciality goods division, into Kesko Food Ltd. Kesko's food trade division will be changed to the grocery trade division. The currently separate divisions of the building and home improvement trade and…

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Tesco refreshes store in Letnany shopping mall to reflect today’s customers’ needs in Prague

PRAGUE, Czech Republic, 2014-11-27 — /EPR Retail News/ —  The store, located in the busy Letnany shopping mall was opened in 1999 and was refreshed to reflect today’s needs of our customers in Prague. It now brings the very latest thinking on retail destination stores from around the world for our customers in the Czech…

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X5 Retail Group launched Х5000, its pre-New Year project organized around the opening of X5’s 5,000th store

Moscow, 2014-11-27 — /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the launch of Х5000 (the “Project”), the Company’s pre-New Year project organized around the opening of X5's 5,000th store. The Project will mark this symbolic milestone with a number of ceremonial store…

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Dunkin’ Donuts to open 63 new restaurants in the greater San Francisco Bay Area, Palm Springs and Bakersfield over the next several years

CANTON, MA, 2014-11-26 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of multi-unit store development agreements with five franchise groups for a total commitment of 63 new restaurants in the greater San Francisco Bay Area, Palm Springs and Bakersfield over the next several years. The five…

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Darden Restaurants scored 100 out of 100 on the Human Rights Campaign (HRC) 2015 Corporate Equality Index (CEI)

Orlando, Fla., 2014-11-26 — /EPR Retail News/ — For the third consecutive year, Darden Restaurants scored 100 out of 100 on the Human Rights Campaign (HRC) 2015 Corporate Equality Index (CEI), one of 366 companies to do so. The HRC’s annual index is a renowned national benchmarking tool for U.S. businesses in the increasingly important issue of…

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NGA president and CEO Peter J. Larkin comments on the new labeling rules of the The U.S. Food and Drug Administration (FDA)

Arlington, VA, 2014-11-26 — /EPR Retail News/ — The U.S. Food and Drug Administration (FDA) released its plans to finalize two rules requiring that chain restaurants, similar retail food establishments and vending machines with 20 or more locations list calorie information on their menus and menu boards. NGA president and CEO, Peter J. Larkin issued the following statement…

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Gap opens its own dedicated online shop within Zalando

New ecommerce channel will help reach new audiences and support Gap’s global growth strategy New York/Berlin, 2014-11-26 — /EPR Retail News/ — Gap brand and Zalando, Europe’s largest online fashion web site, have today announced a partnership that will see Gap open its own dedicated online shop within Zalando. The American retailer will offer a broad assortment…

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The National Association of Convenience Stores expressed disapproval of the sweeping new menu labeling regulations imposed by the FDA on small businesses

​ALEXANDRIA, VA,  2014-11-26 — /EPR Retail News/ — The National Association of Convenience Stores (NACS) expressed disapproval of the sweeping new menu labeling regulations imposed on convenience stores and other food establishments including grocery stores, movie theaters, and vending machines by the Food and Drug Administration earlier today. “The FDA has clearly gone beyond congressional intent by…

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NACS: Ricker Oil Co. chairman Jay Ricker elected chairman of the Fuels Institute

​ALEXANDRIA, VA, 2014-11-26 — /EPR Retail News/ — Jay Ricker, chairman of Ricker Oil Co. (Anderson, IN) was elected chairman of the Fuels Institute. The election took place November 20 during the Fuels Institute’s Annual Meeting and Fuels Summit in Newport Beach, CA.  Andy Viens, president of global marketing for Phillips 66 Co. (Houston, TX), was…

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Wincor Nixdorf’s program for the National Retail Federation (NRF) conference & expo on January 11-14, 2015 in New York City

Together with numerous customers and partners, Wincor Nixdorf demonstrates how its newly enhanced technology enables a seamless experience for Shoppers and merchants Paderborn, Germany, 2014-11-25 — /EPR Retail News/ — Wincor Nixdorf, a global leader in advanced retail and banking IT solutions, discloses its program for the National Retail Federation (NRF) conference & expo, taking place January…

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CBRE Group released first-of-its-kind report on Facility Management titled “Forging the Iron Triangle: Facility Management Operational Excellence”

CBRE Identifies Three Primary Characteristics that Fuel High-Performing Facilities Management Organizations in a First-Of-Its-Kind Report ​Los Angeles, 2014-11-25 — /EPR Retail News/ — Facility management organizations must achieve three primary objectives to maintain operationally excellent performance, according to a first-of-its-kind report by CBRE Group, Inc.’s Global Corporate Services research team, titled: Forging the Iron Triangle: Facility Management Operational…

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CBRE Group, Inc. received perfect score of 100% on the 2015 Corporate Equality Index (CEI)

CBRE Scores 100% on Human Rights Campaign Foundation’s Thirteenth Annual Scorecard on LGBT Workplace Equality ​LOS ANGELES, 2014-11-25 — /EPR Retail News/ — BRE Group, Inc. (NYSE:CBG) announced that it received a perfect score of 100% on the 2015 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to…

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Big Lots survey: Americans focus on holiday discounts and everyday deals as this season’s shopping strategy

COLUMBUS, OHIO, 2014-11-25 — /EPR Retail News/ — Americans’ confidence gives Big Lots the edge during this holiday season. Customers are now focused on deals every day and throughout the entire Thanksgiving week. In addition to heeding the call of Black Friday sales, customers are choosing to shop in-store on Thanksgiving and throughout the holiday season. It’s their confidence in making…

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Sainsbury’s to take part in the Black Friday sales craze for the first time this week

LONDON, 2014-11-24 — /EPR Retail News/ — Sainsbury’s will be taking part in the Black Friday sales craze for the first time this week, with amazing prices on a range of selected products. Over 141 million customers shopped at the event in the US last year, with more UK retailers taking part in recent years,…

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AHOLD REPURCHASED 2,051,098 AHOLD COMMON SHARES FOR €28.53 MILLION BETWEEN NOVEMBER 17 AND NOVEMBER 21, 2014

Zaandam, the Netherlands, 2014-11-24 — /EPR Retail News/ — Ahold has repurchased 2,051,098 Ahold common shares in the period from November 17, 2014 up to and including November 21, 2014. The shares were repurchased at an average price of € 13.9084 per share for a total consideration of € 28.53 million. These repurchases were made as part…

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CBRE Group report: Shortage of truck drivers poses a risk to existing distribution chain strategies and elevates the importance of real estate in supply chain structures

Markets with Intermodal Infrastructure Positioned for Industrial Space Growth ​Los Angeles, 2014-11-24 — /EPR Retail News/ — The U.S. industrial real estate market expansion has been driven, in part, by the ongoing evolution of supply chains, as businesses seek to distribute goods across the country ever more quickly and efficiently. However, a nationwide shortage of truck drivers…

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Auchan selected as the favorite hypermarket banner in Italy according to the “Retailer of the Year” survey

PARIS, 2014-11-24 — /EPR Retail News/ — Auchan has recently been selected as the favorite hypermarket banner in Italy according to the « Retailer of the Year » survey, launched among customers of more than 400 retailers of the country. "Retailer of the Year" is one of the most valued price at the european level. It…

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NRF’s Thanksgiving Weekend Expectations survey: 140.1 million unique shoppers, similar to last year’s preliminary survey results of 140.3 million

WASHINGTON, 2014-11-21 — /EPR Retail News/ — Americans are readying for the upcoming Thanksgiving weekend by making sure they have a menu for their family gathering and a complete shopping list for their weekend shopping activities. According to NRF’s Thanksgiving Weekend Expectations survey conducted by Prosper Insights & Analytics, which provides a preliminary look at…

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IKEA US received score of 90 on the 2015 Corporate Equality Index (CEI) administered by the Human Rights Campaign Foundation

Recognition Honors Diverse IKEA US Co-worker Population Conshohocken, PA, 2014-11-21 — /EPR Retail News/ — IKEA US is pleased to announce today it has received a score of 90 on the 2015 Corporate Equality Index (CEI) administered by the Human Rights Campaign Foundation. This national benchmark survey reports on corporate policies and practices relating to lesbian, gay, bisexual…

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Marks & Spencer announces details of its five point action plan to tackle the industry-wide challenge of reducing levels of Campylobacter in whole chickens

Five point action plan rolling out across M&S supply chain M&S plan implemented since September already seeing step change in results LONDON, 2014-11-21 — /EPR Retail News/ — Marks & Spencer (M&S) today announces details of its five point action plan to tackle the industry-wide challenge of reducing levels of Campylobacter in whole chickens. The measures,…

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Lowe’s Companies, Inc. announces the appointment of Ross W. (Bill) McCanless as general counsel, secretary and chief compliance officer

MOORESVILLE, N.C., 2014-11-21 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that Ross W. (Bill) McCanless will be joining the company as general counsel, secretary and chief compliance officer, effective January 12, 2015. McCanless will replace Gaither M. Keener, who announced plans to retire from the company following 30 years of service. McCanless is…

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Carrefour received the approval of the Competition Authority to acquire Dia France

Boulogne-Billancourt, 2014-11-21 — /EPR Retail News/ — Carrefour has received the approval of the Competition Authority to acquire Dia France. This decision marks a positive step in the completion of the purchase of Dia France's activities. This acquisition will allow Carrefour to continue its multiformat expansion in its domestic market. This approval is the result of a…

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Gap Inc. announces the promotion of two successful current executives to become global brand presidents for Gap and Banana Republic

Global brand presidents named: Andi Owen to lead Banana Republic and Jeff Kirwan to take over Gap SAN FRANCISCO, 2014-11-21 — /EPR Retail News/ — With an eye towards 2015, Gap Inc. (NYSE: GPS) today announced the promotion of two successful current executives, with 35 years of combined company experience between them, to become global brand presidents for…

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