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CBRE Group report: Demand for “big-box” facilities from e-commerce companies resulted in strong leasing for Class A space, build-to-suit development and the return of speculative construction

Los Angeles, 2014-7-10 — /EPR Retail News/ — Robust demand from e-commerce companies and traditional retailers for the limited supply of new, “big-box” facilities is reshaping the U.S. industrial market, resulting in strong leasing for Class A space, build-to-suit development and the return of speculative construction, according to the latest report from CBRE Group, Inc., E-Commerce and the Changing…
July 10, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 1,424,122 AHOLD COMMON SHARES FOR € 19.61 MILLION BETWEEN JUNE 30 AND JULY 4, 2014

Zaandam, the Netherlands, 2014-7-9 — /EPR Retail News/ — Ahold has repurchased 1,424,122 Ahold common shares in the period from June 30, 2014 up to and including July 4, 2014. The shares were repurchased at an average price of € 13.7675 per share for a total consideration of € 19.61 million. These repurchases were made as part…
July 9, 20140Comments

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Business Management Marketing Retail Retailer Technology

Morrisons became the first supermarket to launch free app for cattle farmers aimed at simplifying livestock management

Bradford, England,  2014-7-9 — /EPR Retail News/ —  Morrisons today becomes the first supermarket to launch a free app for cattle farmers aimed at simplifying livestock management. ‘Morrisons Farming App’ is aimed primarily at beef producers and is available on all Android devices to download free of charge from today and will also be available on Apple…
July 9, 20140Comments

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Business Financial Management Retail Retailer

FamilyMart’s largest shareholder ITOCHU Corporation purchased additional shares of FamilyMart in order to further strengthen the relationship between the two companies

Tokyo, 2014-7-9 — /EPR Retail News/ —  Notice is hereby provided that on July 4, 2014, FamilyMart received notification from its largest shareholder, ITOCHU Corporation, that ITOCHU had decided to purchase additional shares of FamilyMart in order to further strengthen the relationship between the two companies. 1. Overview of additional share purchase (1) Period of purchase: July 7,…
July 9, 20140Comments

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Business Malls Management Marketing Retail

CBRE Group analysis: U.S. commercial real estate market improved strongly across all property types in Q2 2014

Los Angeles, 2014-7-9 — /EPR Retail News/ —  The U.S. commercial real estate market improved strongly across all property types in the second quarter (Q2) of 2014, according to the latest analysis from CBRE Group, Inc. The office vacancy rate declined by 30 basis points (bps) to reach 14.5% in Q2 2014. This was an improvement for the…
July 9, 20140Comments

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Business Grocery Retail Retailer

Foodstuffs announces opening of its new store in Raglan, New Zealand

Auckland, New Zealand,  2014-7-4 — /EPR Retail News/ —  Foodstuffs is thrilled to confirm that its new Raglan Four Square is open. While the previous Four Square closed its doors in August 2012 Foodstuffs has remained 100% committed to the Raglan community and is delighted to be bringing the Four Square brand back. New owners Ken and…
July 4, 20140Comments

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Awards Business Management Retail Retailer

SM Investments Corporation received four awards from the international magazine, Finance Asia

Pasay City, Philippines, 2014-7-4 — /EPR Retail News/ —  SM Investments Corporation (SM) received four awards from the international magazine, Finance Asia. SM was named as one of the awardees for Best Managed Company, Best Corporate Governance, Best Corporate Social Responsibility and Best CFO (Chief Finance Officer) for Mr. Jose T. Sio. Shown in the photo are (L-R)…
July 4, 20140Comments

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Business E-Commerce Home & Garden Home Decor Management Retail Retailer

eBay and Argos to extend their offering of Click & Collect services via Argos stores

Click & Collect at Argos: from successful 150 store trial with 50 eBay sellers to about 650 stores nationally and 80,000 eBay sellers Partnership brings even more convenience, speed and choice for shoppers – giving sellers opportunity to offer Click & Collect Milton Keynes, UK,  2014-7-4 — /EPR Retail News/ —  eBay and Argos today announced…
July 4, 20140Comments

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Business Management Marketing Retail Retailer

John Lewis Partnership sponsored report by Centre for London looks at how to unleash a new wave of employee ownership in the UK

LONDON,  2014-7-4 — /EPR Retail News/ —  Centre for London, the politically independent, not-for-profit think tank and charity, today launches a report, 'Local Owners', that looks at how to unleash a new wave of employee ownership in the UK. The report argues that while recent tax reforms have played an important part in laying the foundation for…
July 4, 20140Comments

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Business Environment Home & Garden Home Decor Management Retail Retailer

IKEA plugged-in the expansion of Maryland’s largest rooftop solar array on distribution center in Perryville

CONSHOHOCKEN, PA, 2014-7-3 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today officially plugged-in an expansion of the solar array completed last April atop its Perryville, Maryland distribution center, the state’s largest such solar energy system. Installation of the new panels began Fall 2013, and since then have nearly doubled the size of…
July 3, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Marks & Spencer announces changes to its Executive Team’s responsibilities that will see UK Retail & M&S International represented at Board level for the first time

LONDON, 2014-7-3 — /EPR Retail News/ —  Marks & Spencer today announces a number of changes to its Executive Team’s responsibilities that will see UK Retail & M&S International represented at Board level for the first time. The changes are part of M&S’s aim to drive greater accountability and responsibility across the business and will start with…
July 3, 20140Comments

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Business Management Retail Retailer

Lowe’s Companies, Inc. announces the appointment of Narayan Ram as managing director for India

BANGALORE, INDIA, 2014-7-3 — /EPR Retail News/ —  Lowe’s Companies, Inc. (NYSE: LOW) announced today that Narayan Ram will join the Company as managing director for India, where he will be responsible for overall strategy and operations.  He will report to Lowe’s Chief Financial Officer Robert F. Hull. Ram joins Lowe’s from Sony, where he served most recently…
July 3, 20140Comments

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Business Management Marketing Retail Retailer

NRF: Amazon.com joined the ranks of the 10 largest companies in the annual ranking of U.S. retailers by domestic sales featured STORES Magazine’s July issue

WASHINGTON, 2014-7-3 — /EPR Retail News/ — For the first time since STORES Media  began reporting on the Top 100 largest retailers in America, Amazon.com has joined the ranks of the 10 largest companies, rising to No. 9 from 11 last year. Amazon’s domestic sales increased 27.2 percent between 2012 and 2013. The annual ranking of U.S. retailers…
July 3, 20140Comments

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Business Marketing Retail Retailer

British Retail Consortium research: 80% of MPs believe the current system of business rates is “not fit for purpose and in need of fundamental reform”

LONDON,  2014-7-3 — /EPR Retail News/ — New research published today by the British Retail Consortium finds that 80% of MPs believe the current system of business rates is ‘not fit for purpose and in need of fundamental reform'. The poll which also finds that 93% agree that ‘reform of business rates is an important area for the future…
July 3, 20140Comments

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Business Financial Grocery Management Retail Retailer

Wesfarmers updates non-trading items expected to be included in its full-year results for the 2014 financial year

Perth, Australia,  2014-7-3 — /EPR Retail News/ —  Wesfarmers provides the following update regarding non-trading items expected to be included in its full-year results for the 2014 financial year (FY2014). These non-trading items, which include the profit on sale of the Insurance division, a revision to Target’s carrying value and a provision for restructuring of Coles’…
July 3, 20140Comments

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Business Financial Malls Management Retail

Kimco Realty Corp. reported its transaction activity for the second quarter of 2014

NEW HYDE PARK, N.Y., 2014-7-3 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today reported its transaction activity for the second quarter of 2014. The company continued transforming its portfolio and simplifying its business model, highlighted by the acquisition of a…
July 3, 20140Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation announces sales results for June 2014

CAMP HILL, Pa., 2014-7-3 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for June. Monthly Sales For the four weeks ended June 28, 2014, same store sales increased 3.9 percent over the prior-year period. June front-end same store sales increased 0.9 percent. Pharmacy same store sales, which included an approximate 169 basis…
July 3, 20140Comments

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Business Management Retail Retail Software Retail Solutions Retailer

Wincor Nixdorf to replace 500 information terminals at BMW Group’s German and international locations

Wincor Nixdorf to deliver 500 info terminals to auto manufacturer and handle subsequent operation Paderborn, Germany,  2014-7-2 — /EPR Retail News/ —  Wincor Nixdorf has received an order from the BMW Group to replace 500 information terminals at the automaker's German and international locations. The terminals enable the company's employees to access corporate intranet applications. In its…
July 2, 20140Comments

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Business Marketing Retail Retailer

The International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index rose by solid 1.0% in the latest week ending June 28 over the previous week

Strongest Year-Over Year Pace Since Dec. 2011 NEW YORK, 2014-7-2 — /EPR Retail News/ —  The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index rose by a solid 1.0% in the latest week (ending June 28) over the previous week. On a year-over-year basis sales increased even more rapidly posting a…
July 2, 20140Comments

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Business Management Retail Retailer

Meijer continues its investment in the city of Detroit with groundbreaking ceremony for second supercenter at the site of the former Redford High School

GRAND RAPIDS, Mich., 2014-7-2 — /EPR Retail News/ —  Less than a year after Meijer opened a supercenter at the historical Michigan State Fairgrounds on 8 Mile Road and Woodward Avenue, the retailer continued its investment in the city of Detroit today with a formal groundbreaking ceremony for a second supercenter to be located at the site…
July 2, 20140Comments

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Business Financial Management Retail Retailer

Ingles Markets declares cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 per share on all its Class B Common Stock payable July 24, 2014

ASHEVILLE, N.C., 2014-7-2 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock.  This is an annual rate of $0.66 and $0.60 per…
July 2, 20140Comments

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Business Management Retail Retailer

REWE Group extends executive board contract of Dr. Christian Mielsch until the end of August 2018

  Köln, Germany, 2014-7-2 — /EPR Retail News/ — The supervisory board of REWE Group has prematurely extended the executive board contract of Dr. Christian Mielsch (51) by three further years. In September 2012, Dr. Mielsch was appointed to the management board of REWE Group. In this position, he was responsible for Finance, Business Administration, Information Technology, Real Estate Management…
July 2, 20140Comments

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Business Management Retail Retailer

METRO GROUP divests Real’s Turkish operations to Hacı Duran Beğendik

Sale covers all twelve stores of Real in Turkey Turkey remains one of the focus countries for METRO Cash & Carry andMedia-Saturn Düsseldorf, Germany, 2014-6-30 — /EPR Retail News/ —  METRO GROUP signed an agreement with Hacı Duran Beğendik about the divestment of Real's Turkish operations. With this move, Real will fully focus on the successful development of its business…
June 30, 20140Comments

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Business Financial Management Retail Retailer

Delhaize Group announced capital structure disclosure in accordance to the requirements of Belgian law

BRUSSELS, Belgium, 2014-6-30 — /EPR Retail News/ —  Delhaize Group (Euronext Brussels: DELB - NYSE: DEG), the Belgian international food retailer, discloses the information required under article 15, § 1 and 18, § 1 of the Law of May 2, 2007 regarding the disclosure of major shareholdings in listed companies following a capital increase resulting from the exercise…
June 30, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 2,520,031 AHOLD COMMON SHARES FOR € 34.41 MILLION BETWEEN JUNE 23 AND 27, 2014

Zaandam, the Netherlands, 2014-6-30 — /EPR Retail News/ —  Ahold has repurchased 2,520,031 Ahold common shares in the period from June 23, 2014 up to and including June 27, 2014. The shares were repurchased at an average price of € 13.6546 per share for a total consideration of € 34.41 million. These repurchases were made as part of…
June 30, 20140Comments

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Business Financial Management Retail Retailer

Wesfarmers completes the sale of its insurance underwriting operations in Australia and New Zealand to Insurance Australia Group

Perth, Australia,  2014-6-30 — /EPR Retail News/ —  The sale of Wesfarmers’ insurance underwriting operations in Australia and New Zealand to Insurance Australia Group, announced on 16 December 2013, has now been completed. As previously announced, Wesfarmers expects to record a pre-tax profit on the sale of approximately $700 million to $750 million, which will be included…
June 30, 20140Comments

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Business Law Marketing Retail Retailer

RILA endorsed legislation introduced by Senator Johnny Isakson (R-GA) that repeals the automatic enrollment provision of the Affordable Care Act

Senator Isakson’s Bill Helps Employers Avoid Complex Administrative Challenges Arlington, VA, 2014-6-30 — /EPR Retail News/ —  The Retail Industry Leaders Association (RILA) endorsed legislation introduced by Senator Johnny Isakson (R-GA) that repeals the automatic enrollment provision of the Affordable Care Act (ACA). The bill, the Auto Enroll Repeal Act, S. 2546, reduces the complex administrative challenges imposed…
June 30, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

Russia’s largest food retailer “Magnit” opens the 57th “Magnit Family” store

Krasnodar, 2014-6-30 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 57th “Magnit Family” store. Please be informed that today the Company has opened its 57th “Magnit Family” store located at 205, Tamanskaya street, Yeysk, Krasnodar region, Southern federal district. Assortment of the store consists…
June 30, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer

Henrietta Baring appointed Head of Argos IT Commercial and Supply Chain

Milton Keynes, UK,  2014-6-27 — /EPR Retail News/ — Henrietta Baring has been appointed to the newly created role of Head of Argos, IT Commercial and Supply Chain, reporting to Mike Sackman, IT Director. The role is key to bringing to life the strategic vision for Argos to be a digital retail leader, as announced to The…
June 27, 20140Comments

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