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Ahold to suspend its share buyback program as from March 7, 2014

Zaandam, the Netherlands, 2014-3-4 — /EPR Retail News/ — Ahold has repurchased 3,784,727 Ahold common shares in the period from February 24, 2014 up to and including February 28, 2014. The shares were repurchased at an average price of € 13.4862 per share for a total consideration of € 51.04 million. These repurchases were made as part of…
March 4, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer

Michael A. Jones appointed chief customer officer at Lowe’s Companies, Inc.

Gregory M. Bridgeford Sets Plans to Retire After 32 Years with Lowe’s MOORESVILLE, N.C., 2014-3-4 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced that Michael A. Jones has been named the company’s chief customer officer, effective April 30, 2014. Jones currently serves as Lowe’s chief merchandising officer, overseeing the full merchandise offering for all…
March 4, 20140Comments

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Business Malls Management Retail

Immochan France transferred its Bérégovoy shopping centre in Avignon to OPCI Shopping Property Fund 2

Croix, France, 2014-3-4 — /EPR Retail News/ — As part of its arbitration strategy opening up to public and private investors and allowing the dynamic management of assets, Immochan France has transferred the “Bérégovoy” retail park adjacent to the Mistral 7 shopping centre in Avignon to OPCI  SPF2 represented and managed by BNP Paribas Real Estate Investment Management France. This retail park, delivered…
March 4, 20140Comments

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Business Malls Management Retail

Immochan France transferred 4 suburban properties to Fiducial Gérance

Croix, France, 2014-3-4 — /EPR Retail News/ — As part of its arbitration strategy and to finance Immochan’s growth including new constructions and extensions totalling almost 700,000 m² over the next 3 years, Immochan France has transferred 4 suburban properties that are located respectively in Nice La Trinité (06), Aubagne (13), St Jean de la Ruelle (45)…
March 4, 20140Comments

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Business Malls Management Marketing Retail Shops

The new Grand Cap shopping center in Le Havre opens for business on Wednesday 5th March 2014

LE HAVRE, France, 2014-3-4 — /EPR Retail News/ — The new extension of the shopping mall the new Grand Cap opened for business on Wednesday 5th March 2014. A total of 100 modern and dynamic shops on 23,700 m² will offer a broad choice of retailers, services and activities to the residents of the urban area. A…
March 4, 20140Comments

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Business Law Retail

BRC Retail Crime Survey finds shop staff were victims of almost 36,000 incidents of violence or abuse in 2013

LONDON, 2014-3-4 — /EPR Retail News/ — Guidelines to help protect the retail sector's three million employees from violence are being launched today, after the latest British Retail Consortium (BRC) Retail Crime Survey found that shop staff were victims of almost 36,000 incidents of violence or abuse last year. The Guidelines are endorsed by Home Office Minister…
March 4, 20140Comments

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Business Financial Management Retail Retailer

Philippines: SM Investments Corporation reports its 2013 net income grew 11% to PHP27.45 billion

Pasay City, Philippines, 2014-3-3 — /EPR Retail News/ — Philippines: SM Investments Corporation reports its 2013 net income grew 11% to PHP27.45 billion Financial Highlights SM Investments Corporation (SM) reported that net income for the full year of 2013 grew 11% to PHP27.45 billion from PHP24.67 billion for the same period last year. Earnings growth was driven largely by…
March 3, 20140Comments

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Business Financial Management Marketing Retail Retailer Technology

John Lewis partners with technology entrepreneur Stuart Marks for the launch of its first ever tech incubator ‘JLAB’

LONDON, 2014-3-3 — /EPR Retail News/ — As part of its 150 year celebrations, John Lewis is to launch its first ever technology incubator 'JLAB' later this year in a new partnership with technology entrepreneur Stuart Marks*. The purpose of JLAB is to identify and develop technology innovations that will provide the retailer with future strategic advantage…
March 3, 20140Comments

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Sainsbury’s awarded top spot of Greenpeace’s tuna league table for its 100% pole and line own brand tinned tuna

LONDON, 2014-3-3 — /EPR Retail News/ — Sainsbury's has taken the top spot of Greenpeace's tuna league table which looks at the sustainability standard of tinned tuna sold in supermarkets. Positioned as one of the 'market leaders' for offering customers pole and line caught skipjack tuna across all our own brand tuna products from canned through to…
March 3, 20140Comments

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Business Consumer Goods Food & Beverage Grocery Management Marketing Retail Retailer

Tesco reduced milk prices as part of its focus on everyday low prices on products that matter most to its customers

Cheshunt, England, 2014-3-3 — /EPR Retail News/ — Tesco has today announced that the price of a four pint bottle of milk as been cut from £1.39 to £1 from Monday 3rd March, as part of the retailer’s focus on every day low prices on the products that matter most to its customers. The announcement comes a week after…
March 3, 20140Comments

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Business Consumer Goods Environment Grocery Management Retail Retailer

Carrefour in Belgium work with Bebat, Recupel and Atravet to help its customers recycle

Brussels, Belgium, 2014-3-3 — /EPR Retail News/ — Carrefour Belgium's hypermarkets are working alongside Bebat, Recupel and Atravet, and are asking their customers to return their batteries, power cells, torches, deep frying oils and fats, low-energy lights bulbs and a small household appliances. Sustainable entrepreneurship and sustainable waste management go hand-in-hand. We've known this for some time: Carrefour…
March 3, 20140Comments

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Publix reports $7.4 billion Q4-2013 sales, 5.3 percent increase YoY

LAKELAND, Fla., 2014-3-3 — /EPR Retail News/ — Publix's sales for the fourth quarter of 2013, were $7.4 billion, a 5.3 percent increase from last year's $7.0 billion. Comparable-store sales for the fourth quarter of 2013 increased 4.3 percent. Net earnings for the fourth quarter of 2013 were $422.0 million, compared to $392.8 million in 2012, an increase…
March 3, 20140Comments

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Apparel Beauty Business Financial Fragrances Management Retail Retailer

L Brands’ Amie Preston to present February Sales Report in pre-recorded webcast on Thursday, Mar. 6, 2014

COLUMBUS, Ohio, 2014-3-3 — /EPR Retail News/ — In conjunction with L Brands'  sales release, you are invited to listen to a pre-recorded broadcast of the February sales report with Amie Preston, Chief Investor Relations Officer for L Brands (NYSE: LB).  The broadcast will be available on the Internet on Thursday, Mar. 6, at 7:30 a.m. ET. What: L…
March 3, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Russia’s largest retailer Magnit opened its 163rd small format hypermarket in Novocherkassk, Russia

Krasnodar, Russia, 2014-3-3 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 163rd hypermarket of a small format. Please be informed that on March 1, 2014 the Company has opened its 163rd hypermarket of a small format located at 71, Platovsky prospect, Novocherkassk, Rostov region, Southern…
March 3, 20140Comments

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Apparel Business Fashion Financial Management Retail Retailer

Gap Inc intends to increase the company’s annual dividend to $0.88 in fiscal year 2014

SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors intends to increase the company’s annual dividend to $0.88 in fiscal year 2014, a 10 percent increase from the company’s current annualized rate of $0.80. This represents more than a 75 percent increase in the company’s annual dividend…
February 28, 20140Comments

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Apparel Business Fashion Management Retail Retailer

Gap Inc announced Old Navy opens its first store in China

Building on success of Gap brand, Old Navy opens in Shanghai, continues growth in Japan SAN FRANCISCO, 2014-2-28 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced Old Navy’s opening of the brand’s first store in China, continuing its expansion outside the U.S. With the debut of Old Navy’s first company-operated store, opening March 1 on Shanghai’s…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

SM Retail Inc. expanded into Southern Philippines with the opening of Savemore Market General Santos

Pasay City, Philippines, 2014-2-28 — /EPR Retail News/ — SM Retail Inc., the department and food stores operator of SM Investments Corporation, has further expanded into Southern Philippines with the opening of Savemore Market General Santos. Aside from Savemore, SM is present in the city through its mall, SM City General Santos which opened in 2012. The…
February 28, 20140Comments

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Awards Business Consumer Goods Management Retail Retailer

A.S. Watson Group (ASW) recognised by the Hong Kong Council of Social Service with CSR Awards

Hong Kong, 2014-2-28 — /EPR Retail News/ — A.S. Watson Group (ASW) has always been demonstrating good corporate social responsibility and caring spirit to the community. This year, ASW is once again recognised by the Hong Kong Council of Social Service for our passion and commitment in exemplary corporate citizenship, with the newly established “10 Year Plus…
February 28, 20140Comments

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Business Healthcare Management Retail Retailer

Argos, Homebase, M&S and Lloyds Banking Group to become more dementia friendly

Milton Keynes, UK, 2014-2-28 — /EPR Retail News/ — Our high streets are set to become more dementia friendly following a commitment from major British businesses today (Friday 28 February). Argos, Homebase, Marks and Spencer and Lloyds Banking Group, backed by Health Secretary Jeremy Hunt, have committed to create over 121,500 Dementia Friends in shops and banks…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Waitrose announced its first export deal in South Africa

Bracknell, UK, 2014-2-28 — /EPR Retail News/ — Waitrose has today announced its first export deal in South Africa. The deal means that the supermarket will be selling its products in every continent, with the exception of Antarctica, and exports to 50 countries across the globe. In one of its biggest deals to date, more than 250…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Marketing Retail Retailer Sports

The first-ever Sainsbury’s Sport Relief Games to take place from Friday 21 to Sunday 23 March 2014

LONDON, 2014-2-28 — /EPR Retail News/ — Sport Relief is back and Sainsbury’s is going the extra mile to help customers and colleagues fundraise. The first-ever Sainsbury’s Sport Relief Games takes place in March and there is likely to be a run, cycle or swim event near you. Meanwhile, a range of new merchandise is now on…
February 28, 20140Comments

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Sainsbury’s stores teamed up with children’s authors to help schools celebrate World Book Day

LONDON, 2014-2-28 — /EPR Retail News/ — Several Sainsbury’s stores have teamed up with children’s authors to help schools celebrate World Book Day. As part of Sainsbury’s ‘Make Believe’ campaign, we have opened up a new chapter in our community work by inviting children’s authors such as Joanna Gray and many more into several stores. The event runs…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Jon Rudoe to join Sainsbury’s Operating Board as Digital and Technology Director

LONDON, 2014-2-28 — /EPR Retail News/ — Sainsbury’s Jon Rudoe is to join the retailer’s Operating Board as Digital and Technology Director in a move that recognises the rapidly growing importance of online and digital sales channels to the business as well as Jon’s talent and significant achievements at the company. Sainsbury’s CEO Justin King said: “I’m delighted to…
February 28, 20140Comments

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Good Housekeeping Easter Egg of the Year goes to Tesco for a second year in a row

Cheshunt, England, 2014-2-28 — /EPR Retail News/ — The finest* Medley of Belgian Chocolate Easter Eggs, £25 has cracked it by beating luxury rivals to take the title of Good Housekeeping Easter Egg of the Year.  This is the second year running that Tesco has won the coveted award. The judges were wowed by this egg – they described…
February 28, 20140Comments

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Business Food & Beverage Management Marketing Retail Retailer

Dunkin’ Donuts signed with existing franchise group OKD Holdings for 13 new restaurants throughout Oklahoma City

CANTON, MA, 2014-2-28 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City, Okla. The first of the planned restaurants will open in 2015. Together, this team led…
February 28, 20140Comments

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Michaels Stores, Inc. updates on possible fraudulent activity on some U.S. payment cards used at its stores

IRVING, TX, 2014-2-28 — /EPR Retail News/ — Michaels Stores, Inc. (the “Company” or “Michaels”) recently learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels, suggesting that the Company may have experienced a data security attack. The Company is working closely with federal law enforcement and is conducting an investigation with the help…
February 28, 20140Comments

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H&M Studio presented its autumn 2014 catwalk show during Paris fashion week

Stockholm, Sweden, 2014-2-28 — /EPR Retail News/ — Last night (26 FEB 2014), H&M Studio, the new name for H&M’s seasonal collection of key pieces, presented its autumn 2014 catwalk show during Paris fashion week. Held at the Grand Palais in front of 600 guests, including Miranda Kerr, Jessica Alba and Solange Knowles, models such as…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Clinton Keay appointed Executive VP Finance Sobeys Inc.

Company veteran brings Finance and IT leadership to new role STELLARTON, NS, 2014-2-28 — /EPR Retail News/ — Sobeys Inc. today announced the appointment of Clinton Keay, CA, as Executive Vice President, Finance. Mr. Keay will be responsible for leading all areas of the company’s finance function including controllership, treasury, tax management, investor relations, financial planning, internal audit and risk management. Mr. Keay…
February 28, 20140Comments

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Business Consumer Goods Grocery Management Retail Retailer

Russia’s largest retailer Magnit opened its 48 th Magnit Family store in Tobolsk, Urals federal district

Krasnodar, Russia, 2014-2-28 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 48th “Magnit Family” store. Please be informed that on February 28, 2014 the Company has opened its 48th “Magnit Family” store located at 38, 6th neighborhood unit (“Eurasia” shopping center), Tobolsk, Tyumen region, Urals federal…
February 28, 20140Comments

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Business Management Retail Retailer

The Retail Industry Leaders Association’s statement at the close of the Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore

Arlington , VA, 2014-2-27 — /EPR Retail News/ — The Retail Industry Leaders Association issued the following statement at the close of the Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore. RILA’s vice president for international trade was in Singapore for the talks with the twelve countries, meeting with negotiators and other stakeholders. “Immediate duty-free market access for…
February 27, 20140Comments

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