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Carrefour franchise partner the Marinopoulos Group opened two new stores in Bulgaria

PARIS, 2014-4-23 — /EPR Retail News/ —  Our franchise partner – the Marinopoulos Group – has opened two new stores. The Pleven Carrefour Market (12 April 2014) extends over a sales area of 1300 m². The Plovdiv Carrefour hypermarket (17 April 2014) has a sales area of 2100 m². The Marinopoulos Group currently runs 591 stores – 55 hypermarkets, 274…
April 23, 20140Comments

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Business Financial Management Retail Retailer

Ahold repurchased 1,070,000 Ahold common shares for €14.80 million between April 14 and April 18, 2014

Zaandam, the Netherlands, 2014-4-23 — /EPR Retail News/ — Ahold has repurchased 1,070,000 Ahold common shares in the period from April 14, 2014 up to and including April 18, 2014. The shares were repurchased at an average price of €13.8332 per share for a total consideration of €14.80 million. These repurchases were made as part of…
April 23, 20140Comments

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Business Management Retail Retailer

ICSC and Goldman Sachs Weekly Chain Store Sales Index rose by 0.4% on week-over-week basis ending April 19

In Spite of Drag from Mother Nature NEW YORK, 2014-4-22 — /EPR Retail News/ —   The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index rose by 0.4% on a week-over-week basis ending April 19. Sales on a year-over-year basis posted a solid 1.9% increase. This increase comes on the…
April 22, 20140Comments

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Business Consumer Goods Grocery Retail Retailer

The Co-operative Group to open new food store in Bishopston

Manchester, 2014-4-22 — /EPR Retail News/ —   The Co-operative Group has announced plans to open a new food store in Bishopston. It has agreed a deal to open a new store following planning approval to undertake an extensive re-development of a former convenience store on the site near Bishopston Primary School.  It is expected that around…
April 22, 20140Comments

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Business Malls Management Retail Retailer

Carrefour and its co-investment partners established company dedicated to enhancing the value of its shopping centers in Europe

PARIS, 2014-4-18 — /EPR Retail News/ — Completion of agreements with Klépierre and creation of CARMILA, a company dedicated to enhancing the value of its shopping centers in Europe Carrefour and its co-investment partners announce today the creation of CARMILA, a company dedicated to enhancing the value of the shopping centers adjacent to Carrefour hypermarkets in France,…
April 18, 20140Comments

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Business Consumer Goods Environment Grocery Management Retail Retailer

Alliance of food manufacturers, retailers and foodservice operators released toolkit to help businesses in the food sector reduce food waste

WASHINGTON, DC, 2014-4-18 — /EPR Retail News/ — Today an alliance of food manufacturers, retailers and foodservice operators announced the release of a toolkit to help businesses in the food sector reduce the amount of food waste sent to landfill. The Best Practices and Emerging Solutions Toolkit was produced by the Food Waste Reduction Alliance (FWRA), a cross-sector…
April 18, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

Groupe Auchan succesfully priced €600 million 7-year bond offering

Croix, France, 2014-4-18 — /EPR Retail News/ — On Tuesday April 15, Groupe Auchan successfully priced a €600 million 7-year bond offering. The order book was quickly closed, given the size and quality of the orderbook, in excess of €2.4 billion. Price guidance was first established at ms+60/65 bps. Investors' eagerness of this issuing enabled Groupe Auchan to improve its financing conditions by…
April 18, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

The last two Real hypermarkets in Romania opened under the Auchan banner

Bucharest, Romania, 2014-4-18 — /EPR Retail News/ — On April 10 and 11, the Romanian hypermarkets of Timisoara and of Cotroceni opened under the Auchan banner. They were the last of the 20 Real hypermarkets to do so. Everything went very quickly since September 12, 2013 and the closing of Real hypermarkets in Romania. In 2013, 12 hypermarkets had…
April 18, 20140Comments

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Business Consumer Goods Grocery Retail Retailer

The Defense Commissary Agency opened new $14.5 million commissary at Naval Submarine Base New London, Ct

NEW LONDON, Ct., 2014-4-18 — /EPR Retail News/ — A new $14.5 million commissary opened at Naval Submarine Base New London, April 16. The new facility replaces a store built in 1981 at the installation known historically as the Navy’s first submarine base. With a significantly larger sales area, the commissary represents a much anticipated boost in…
April 18, 20140Comments

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Business Consumer Goods Consumer Information Food & Beverage Grocery Management Retail Retailer

Product Recall: Sub Sandwiches and Wraps containing turkey sold on April 15 at Wegmans’ Onondaga Boulevard Sub Shop only

Syracuse, NY, 2014-4-17 — /EPR Retail News/ — Wegmans Food Markets, Inc. has initiated a recall of Sub Sandwiches and Wraps containing turkey and sold individually or in party trays on Tuesday, April 15, at Wegmans’ Onondaga Boulevard Sub Shop only. The recall was initiated by two reports that ‘thin strands of flexible, clear plastic wrap’…
April 17, 20140Comments

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Awards Business Human Resources Management Retail Retailer

Meijer named “Employer of the Year” by United Cerebral Palsy

Retailer recognized for providing meaningful opportunities to persons with disabilities GRAND RAPIDS, Mich., 2014-4-17 — /EPR Retail News/ — Recognizing its dedication to the employment of persons with disabilities, United Cerebral Palsy (UCP) has named Meijer “Employer of the Year.” The 2014 Award for Excellence, announced at UCP’s Annual Conference in Nashville, Tenn., demonstrates the retailer’s steadfast…
April 17, 20140Comments

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Business Consumer Goods Healthcare Law Management Retail Retailer

Sobeys Inc. to file legal challenge against Alberta College of Pharmacists to overturn College’s Ban on Rewards Programs

Company Responds to College’s Ban on Rewards Programs EDMONTON, AB, 2014-4-17 — /EPR Retail News/ — Albertans who collect reward points, including Air Miles and Club Sobeys, on pharmacy purchases will be shocked to learn that the Alberta College of Pharmacists have adopted a resolution that will prohibit patients from collecting reward points on pharmacy purchases…
April 17, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

Sobeys Inc. divests Price Chopper in Winnipeg to The North West Company

STELLARTON, NS, 2014-4-17 — /EPR Retail News/ — Sobeys Inc. today announced that a binding purchase and sale agreement has been entered into with The North West Company for its Price Chopper location in Winnipeg, MB. The sale is part of Sobeys’ October, 2013 Consent Agreement with the Competition Bureau related to its purchase of Canada Safeway…
April 17, 20140Comments

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Business Financial Management Retail Retailer

CBRE Group’s 2014 Multi-Housing Annual Market Report released

Los Angeles, 2014-4-17 — /EPR Retail News/ — CBRE Group, Inc. has released its 2014 Multi-Housing Annual Market Report, which provides in-depth analysis of investment property market trends, the state of the debt and equity markets and a snapshot of multi-housing specialty products, including seniors, student, tax credit and manufactured housing. “U.S. multi-housing demand strengthened notably at…
April 17, 20140Comments

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Business Consumer Services E-Commerce Management Retail Retailer

QVC to expand its European presence into France with the launch of new service scheduled for the second quarter of 2015

WEST CHESTER, Pa., 2014-4-17 — /EPR Retail News/ — QVC, the global leader in video and ecommerce retail, today announced plans to expand its European presence into France. With the launch of the new service scheduled for the second quarter of 2015, QVC will expand its global multimedia ecommerce business to seven operations reaching nine countries. "As the…
April 17, 20140Comments

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Business Consumer Information Consumer Services E-Commerce Management Online Retailers Retail Retailer

NRF tells congressional panel the retail industry is committed to safeguarding and protecting consumer data

NRF Pursues Establishment of Retail Information Sharing and Analysis Center WASHINGTON, 2014-4-16 — /EPR Retail News/ — The National Retail Federation today told a congressional panel that the retail industry is committed to safeguarding and protecting consumer data and information from highly-motivated and sophisticated cybercriminals and hackers. “Retailers make significant investments every year in order to protect [consumer] data,” NRF…
April 16, 20140Comments

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Business Financial Management Retail Retailer

BRC-KPMG ONLINE RETAIL SALES MONITOR MARCH 2014: UK Online sales of non-food products grew 12.8% in March vs last year

LONDON, 2014-4-16 — /EPR Retail News/ — Online sales of Non-Food products in the UK grew 12.8% in March versus a year earlier. In March 2013, they had increased by 6.2% over the previous year. In March, online sales represented 17.3% of total Non-Food sales of our Monitor, against 15.8% in March 2013. Furniture saw a decline, while the…
April 16, 20140Comments

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Business Management Retail Retailer

The BRC and Expense Reduction Analysts form partnership to deliver top level savings for retailers and manufacturers’ bottom lines

“The BRC and Expense Reduction Analysts launch partnership to deliver top level savings for retailers and manufacturers’ bottom lines.” London, UK, 2014-4-16 — /EPR Retail News/ — The BRC and Expense Reduction Analysts (ERA) have formed a partnership that will be extremely advantageous to many retailers and manufacturers. The BRC is particularly pleased to add the company’s…
April 16, 20140Comments

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Business Financial Food & Beverage Management Retail Retailer

Willis, Faber Global, XL Group and BRC Global Standards launch product contamination insurance ‘Recall Shield’ for the food and beverages sector

‘Recall Shield’ to provide food and beverage companies with enhanced cover and additional benefits to encourage and reward higher standards London, UK, 2014-4-16 — /EPR Retail News/ — Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, today announces the launch of a new product contamination insurance proposition, in partnership with XL Group, Willis…
April 16, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Marissa Webb appointed Creative Director and EVP of Design at Banana Republic

Esteemed fashion designer brings fresh perspective to the brand’s legacy of Modern American Style SAN FRANCISCO, 2014-4-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that Banana Republic has named Marissa Webb as Creative Director and Executive Vice President of Design, effective April 28. She will be responsible for guiding the brand’s overall creative…
April 16, 20140Comments

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Apparel Business Fashion Financial Management Retail Retailer

GAP Inc. outlined strategic initiative to achieve long-term, profitable growth across its brands portfolio at its annual investor meeting

Brand Presidents Highlighting Strategies to Drive Product Innovation and Strengthen Brand Value Propositions SAN FRANCISCO, 2014-4-16 — /EPR Retail News/ — As part of its annual investor meeting, Gap Inc. (NYSE: GPS) today is providing an overview of its strategic initiatives designed to achieve long-term, profitable growth across its portfolio of brands. The company also will highlight…
April 16, 20140Comments

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Awards Business Consumer Goods Food & Beverage Grocery Management Marketing Retail Retailer

Foodstuffs private label Pams recognised in the international Vertex Awards for its creative packaging designs

Waiheke, New Zealand, 2014-4-16 — /EPR Retail News/ — Pams flour packaging won the prestigious “Best in Show” award and took out Gold in Packaged Goods category, and was described by the judges as capturing “a sense of baking nostalgia with familiar baking icons and charming fabrics woven from another time of wisdom and practicality.” They felt…
April 16, 20140Comments

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Business Financial Management Retail

Kimco Realty Corp. announced f $500 million public offering notes due 2021 at 3.20% per annum

NEW HYDE PARK, N.Y., 2014-4-16 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) yesterday announced its public offering of $500 million notes due 2021 at a coupon of 3.20% per annum with an effective yield of 3.232%, maturing May 1, 2021. The company intends to use the net proceeds of approximately $495.4 million from…
April 16, 20140Comments

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Awards Business Management Retail

Kimco Realty won the Lighting Energy Efficiency in Parking campaign award for the largest absolute number of facility upgrades

Company recognized for the most parking facilities upgraded NEW HYDE PARK, N.Y., 2014-4-16 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, announced today that it has won the Lighting Energy Efficiency in Parking (LEEP) campaign award for the largest absolute number of…
April 16, 20140Comments

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Business Management Retail Retailer

SM Prime Holdings, Inc. secured B+ Global Reporting Initiative application level rating in its sustainability reporting

Pasay City, Philippines, 2014-4-16 — /EPR Retail News/ —  SM Prime Holdings, Inc. (SM Prime) has secured a B+ Global Reporting Initiative (GRI) application level rating in its sustainability reporting, a recognition of its commitment to an integrated sustainable development by addressing economic, environmental, social and governance challenges of its stakeholders. From a C+ rating last year,…
April 16, 20140Comments

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Business Financial Management Retail Retailer

ICSC and Goldman Sachs Weekly Chain Store Sales Index: retailers’ 1st week of April sales down by 0.3% but improved to 2.3% on YoY basis

NEW YORK, 2014-4-15 — /EPR Retail News/ —  Warmer weather brought mixed results as some retail segments finally warmed up as others seemingly cooled down this past week. For the first fiscal week of April, retailers saw weekly sales decline slightly by 0.3%, according to the International Council of Shopping Centers (ICSC) and Goldman…
April 15, 20140Comments

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Business Consumer Goods Financial Grocery Management Retail Retailer

Kesko reported €794.3 million sales in March 2014, up 0.5%

Helsinki, Finland, 2014-4-15 — /EPR Retail News/ — Kesko Group's sales, excluding VAT, in March 2014 totalled €794.3 million, up 0.5%. In Kesko's food trade, sales in March were €358.6 million, a decrease of 6.6% compared to the previous year. The fact that Easter fell in March last year affected sales performance. In the home and speciality goods trade,…
April 15, 20140Comments

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Business Consumer Goods Consumer Information Grocery Management Marketing Retail Retailer

John Lewis announces panel of external mentors to advise and judge entrants to JLAB, the retailer’s first ever technology incubator

LONDON, 2014-4-15 — /EPR Retail News/ — John Lewis today announces the panel of external mentors who will advise and judge entrants to JLAB, the retailer's first ever technology incubator. The team of external mentors headed up by technology entrepreneur Stuart Marks* are a highly successful and experienced mix of technology entrepreneurs and investors, including Luke…
April 15, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Tesco owned brand for affordable fashion F&F announces its first franchise stores in the USA

Cheshunt, England, 2014-4-15 — /EPR Retail News/ — F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion. F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the east coast of America this year in…
April 15, 20140Comments

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Business Healthcare Retail Retailer

ShopRite to open seven-day-a-week pharmacy inside Doylestown Hospital this spring

Doylestown, PA, 2014-4-15 — /EPR Retail News/ — ShopRite will open a seven-day-a-week pharmacy inside Doylestown Hospital this spring, offering patients the same level of care and convenience that customers have come to expect at its traditional retail stores. The pharmacy, perched just off the hospital’s north lobby, will mark ShopRite’s first location inside a medical facility.…
April 15, 20140Comments

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