Posted on February 28, 2018 by EPR Retail News Editors

Citycon approves two new share-based incentive plans for the Group key employees

ESPOO, Finland, 2018-Feb-28 — /EPR Retail News/ — The Board of Directors of Citycon Oyj has approved two new share-based incentive plans for the Group key employees, a Matching Share Plan 2018—2020 and a Restricted Share Plan 2018—2020.

The aim of the new plans is to combine the objectives of the shareholders and the key employees in order to increase the value of the company in the long-term, to bind the key employees to the company, and to offer them competitive reward plans based on acquiring and receiving the company´s shares.

Matching Share Plan 2018—2020

The new Matching Share Plan 2018—2020 includes three matching periods, calendar years 2018—2019, 2019—2020, 2020—2021. The prerequisite for participation in this plan and for reward payment is that a key employee invests in the company’s shares a pre-determined percentage of the bonus earned from the company’s performance bonus scheme during the calendar year preceding a matching period (the “Share Ownership Prerequisite”). If a key employee´s Share Ownership Prerequisite is fulfilled and his or her employment or service is in force with a Citycon group company upon reward payment, he or she will receive free matching shares for shares subject to the Share Ownership Prerequisite.

The Matching Share Plan 2018-2020 is directed to the CEO and the other members of the Corporate Management Committee. The rewards to be paid on the basis of this plan from the matching period 2018—2019 correspond to the value of an approximate maximum total of 200,000 Citycon Oyj shares. In addition, a cash proportion is included in the reward to cover taxes and tax-related costs arising from the reward to the participant. The rewards from the matching period 2018—2019 will be paid in 2020.

Restricted Share Plan 2018—2020

The rewards from the new Restricted Share Plan 2018—2020 may be allocated in 2018—2020. The reward will be based on a valid employment or service contract of a key employee upon the reward payment, and it will be paid partly in the company’s shares and partly in cash after the end of a vesting period. A vesting period will last 12 to 36 months from a reward allocation.

The Restricted Share Plan 2018-2020 is directed only to selected key employees, excluding the CEO and other members of the Corporate Management Committee. The rewards to be paid on the basis of this plan in 2018—2020 correspond to the value of an approximate maximum total of 200,000 Citycon Oyj shares including also the cash proportion to be used for taxes and tax-related costs.

CITYCON OYJ
The Board of Directors

For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 40 154 6760
marcel.kokkeel@citycon.com

Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic region, managing assets that total almost EUR 5 billion and with market capitalisation of close to EUR 2 billion. For more information about Citycon, please visit www.citycon.com

Citycon has investment-grade credit ratings from Moody’s (Baa1) and Standard & Poor’s (BBB). Citycon Oyj’s share is listed in Nasdaq Helsinki.

SOURCE: CITYCON OYJ

Posted on February 27, 2018 by EPR Retail News Editors

Citycon Oyj to hold Annual General Meeting on Tuesday, 20 March 2018

Espoo, Finland, 2018-Feb-27 — /EPR Retail News/ — The shareholders of Citycon Oyj are hereby invited to the Annual General Meeting to be held on Tuesday, 20 March 2018 at 12.00 noon at Finlandia Hall (Veranda 4 hall), at the address Mannerheimintie 13, Helsinki, Finland (entrance through doors M4 and K4). The reception of participants who have registered for the meeting and the distribution of voting tickets will commence at 11.00 a.m.

A. Matters on the Agenda of the General Meeting

1. Opening of the Meeting

2. Calling the Meeting to Order

3. Election of Persons to Scrutinize the Minutes and to Supervise the Counting of Votes

4. Recording the Legality of the Meeting

5. Recording the Attendance and Adopting the List of Votes

6. Presentation of the Financial Statements and the Report of the Board of Directors for the Year 2017
– Review by the CEO

7. Presentation of the Auditor’s Report

8. Adoption of the Financial Statements

9. Resolution on the Use of the Profit Shown on the Balance Sheet as well as Authorization of the Board of Directors to Decide on the Distribution of Dividend and Assets from the Invested Unrestricted Equity Fund
The Board of Directors proposes that based on the balance sheet to be adopted for the financial period ended on 31 December 2017, no dividend is distributed by a resolution of the Annual General Meeting.

Nonetheless, the Board of Directors proposes that the Board of Directors be authorized to decide in its discretion on the distribution of dividend and assets from the invested unrestricted equity fund in the manner set forth below.

Based on this authorization, the maximum amount of dividend to be distributed shall not exceed EUR 0.01 per share and the maximum amount of equity repayment distributed from the invested unrestricted equity fund shall not exceed EUR 0.12 per share.

The authorization is valid until the opening of the next Annual General Meeting.

Unless the Board of Directors decides otherwise for a justified reason, the authorization will be used to distribute dividend and/or equity repayment four times during the period of validity of the authorization. In this case, the Board of Directors will make separate resolutions on each distribution of the dividend and/or equity repayment so that the preliminary record and payment dates will be as stated below. Citycon shall make separate announcements of such Board resolutions.

Preliminary payment date	Preliminary record date
29 March 2018	22 March 2018
29 June 2018	21 June 2018
28 September 2018	20 September 2018
28 December 2018	14 December 2018

The dividend and/or equity repayment based on the resolution of the Board of Directors will be paid to a shareholder registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd on the record date of the dividend and/or equity repayment.

10. Resolution on the Discharge of the Members of the Board of Directors and the CEO from Liability

11. Resolution on the Remuneration of the Members of the Board of Directors
The Board of Directors proposes on the recommendation of the Nomination and Remuneration Committee that the remuneration of members of the Board of Directors would remain the same and the Chairman of the Board of Directors be paid an annual fee of EUR 160,000, the Deputy Chairmen EUR 70,000 and the ordinary members of the Board EUR 50,000. The Chairmen of the Board of Directors’ Committees would be paid an additional annual fee of EUR 5,000.

It is proposed that the Chairmen of the meetings of the Board’s Committees shall be paid a meeting fee of EUR 800 and other Board and Committee members EUR 600 per meeting, with the exception of the Chairman of the Board, who shall be paid no meeting fees.

The members of the Board of Directors shall be compensated for accrued travel and lodging expenses as well as other potential costs related to Board and Committee work.

12. Resolution on the Number of Members of the Board of Directors
The Board of Directors proposes on the recommendation of the Nomination and Remuneration Committee that the number of members of the Board of Directors shall be nine.

13. Election of the Members of the Board of Directors
The Board of Directors proposes on the recommendation of the Nomination and Remuneration Committee that of the current members of the Board of Directors Chaim Katzman, Bernd Knobloch, Arnold de Haan, Kirsi Komi, David Lukes, Andrea Orlandi, Per-Anders Ovin and Ariella Zochovitzky be re-elected, and that Ofer Stark be elected as a new member to the Board of Directors. The members of the Board of Directors will be elected for a term that will continue until the close of the next Annual General Meeting. Of the current Board members, Rachel Lavine and Claes Ottosson will leave the Board of Directors.

All candidates have given their consent to the election.

All candidates for the Board of Directors have been presented on the company’s website citycon.com/agm2018. In addition, information on the proposed new member of the Board of Directors is available at the end of this notice.

14. Resolution on the Remuneration of the Auditor
The Board of Directors proposes on the recommendation of the Audit and Governance Committee that the audit fee be paid in accordance with the auditor’s invoice approved by the company.

15. Election of the Auditor
On the recommendation of the Audit and Governance Committee, the Board of Directors proposes that the company’s present auditor Ernst & Young Oy, a firm of authorized public accountants, be re-elected as the auditor. Ernst & Young Oy has announced that APA Mikko Rytilahti would act as the auditor with principal responsibility.

16. Proposal by the Board of Directors to amend the Articles of Association
The Board of Directors proposes that the Annual General Meeting would resolve to amend the Articles of Association, and especially Articles 2, 4, 8, 9 and 11 of the Articles of Association in the manner described below.

The Board proposes that Article 2 of the Articles of Association be amended to read as follows:

2 § The Company is engaged in buying, selling, owning and managing real estate, buildings, premises or any parts thereof as well as shares and interests in companies entitling to the above-mentioned. The Company is also engaged in leasing and developing of real estate, buildings and premises as well as providing management and management related services for real estate, buildings and premises. The Company can also engage in other operations related to the business operations specified in this section.

The Board proposes that the following amendments are made to Articles 8 and 9 of the Articles of Association:

8 § The General Meeting shall elect one (1) auditor to examine the administration and accounts of the Company. The auditor shall be an authorized audit firm.

9 § The Company’s Annual General Meeting shall be held annually within six (6) months of the expiration of the financial period on a date determined by the Board of Directors.

In addition, the Board proposes that the following additions are made to Articles 4 and 11 of the Articles of Association:

4 § Such Committees prepare designated items for the Board of Directors and resolve on operative matters as may be instructed by the Board of Directors from time to time.

11 § The General Meetings may be held, in addition to the Company’s domicile Helsinki, in Espoo (Finland), Stockholm (Sweden), Oslo (Norway) or Copenhagen (Denmark) as may be resolved by the Board of Directors.

Otherwise, the Board proposes that linguistic corrections are made to the Articles of Association.

The Articles of Association is proposed to be amended to reflect the new Auditing Act and the needs of Citycon Oyj’s Nordic business.

17. Authorizing the Board of Directors to Decide on the Issuance of Shares as well as the Issuance of Special Rights Entitling to Shares

The Board of Directors proposes that the Board of Directors be authorized to decide on the issuance of shares as well as the issuance of special rights entitling to shares referred to in Chapter 10 Section 1 of the Finnish Companies Act by one or several decisions in the manner described below.

The number of shares to be issued shall not exceed 85 million shares, which corresponds to approximately 9.55 percent of all the current shares in the company. Shares potentially issued by virtue of the special rights entitling to shares are included in the aforesaid maximum number of shares.

The Board of Directors decides on all the conditions of the issuance of shares and special rights entitling to shares. The authorization concerns both the issuance of new shares as well as the transfer of own shares held by the company. The issuance of shares and special rights entitling to shares may be carried out in deviation from the shareholders’ pre-emptive rights by way of a directed issue.

The authorization is valid until the close of next Annual General Meeting, however, no longer than until 30 June 2019.

18. Authorizing the Board of Directors to Decide on the Repurchase and/or on the Acceptance as Pledge of the Company’s Own Shares
The Board of Directors proposes that the Board of Directors be authorized to decide on the repurchase and/or on the acceptance as pledge of the company’s own shares in one or several tranches as follows.

The number of own shares to be repurchased and/or accepted as pledge shall not exceed 50 million shares, which corresponds to approximately 5.61 per cent of all the current shares in the company. Only the unrestricted equity of the company can be used to repurchase own shares on the basis of the authorization.

Own shares can be repurchased at a price formed in public trading on the date of the repurchase or at a price otherwise formed on the market.

The Board of Directors decides how own shares will be repurchased and/or accepted as pledge. Own shares can be repurchased for instance by using derivatives. Own shares can be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase).

The authorization is valid until the close of next Annual General Meeting, however, no longer than until 30 June 2019.

19. Closing of the Meeting

B. Documents of the General Meeting
Citycon Oyj’s Financial Statements, the Report of the Board of Directors and the Auditor’s Report, the proposals for the decisions on the agenda of the Annual General Meeting, and this notice are available on the company’s website citycon.com/agm2018 not later than 27 February 2018. Said documents will also be available at the venue of the meeting. Minutes of the Annual General Meeting will be available on the aforementioned website as of 3 April 2018 at the latest.

C. Instructions for the Participants in the General Meeting

1. Shareholders registered in the shareholders’ register
Each shareholder, who is registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd on Thursday, 8 March 2018 has the right to participate in the general meeting. A shareholder, whose shares are registered on his/her personal Finnish book-entry account, is registered in the company’s shareholders’ register.

A shareholder, who is registered in the company’s shareholders’ register and wants to participate in the general meeting, shall register for the meeting by giving a prior notice of participation not later than 15 March 2018 at 4.00 p.m. The notice has to be received by the company before the end of the registration period. Such notice can be given
– on the company’s website citycon.com/agm2018,
– by e-mail to legal@citycon.com,
– by telephone +358 20 766 4400 from Mondays to Fridays between 9.00 a.m. and 4.00 p.m., or
– by mail addressed to Citycon Oyj, AGM, Suomenlahdentie 1, FI-02230 Espoo, Finland.

In connection with the registration, a shareholder is requested to notify his/her name, personal identification number or business-ID, telephone number as well as the name of a possible assistant or proxy representative, and the personal identification number of the proxy representative. The personal data given to Citycon Oyj is used only in connection with the general meeting and with the processing of related registrations.

The shareholder, his/her authorized representative or proxy representative shall, where necessary, be able to prove his/her identity and/or right of representation.

2. Holders of nominee registered shares
A holder of nominee registered shares has the right to participate in the general meeting by virtue of such shares, based on which (s)he on the record date of the general meeting, i.e. on 8 March 2018, would be entitled to be registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd. In addition, the right to participate in the general meeting requires that the shareholder has, on the basis of such shares, been temporarily registered in the shareholders’ register maintained by Euroclear Finland Ltd not later than 15 March 2018 at 10.00 a.m. As regards nominee registered shares this constitutes due registration for the general meeting.

A holder of nominee registered shares is advised to request without delay necessary instructions regarding the temporary registration in the company’s shareholders’ register, the issuing of proxy documents and registration for the general meeting from his/her custodian bank. The account management organization of the custodian bank shall register a holder of nominee registered shares, who wants to participate in the general meeting, to be temporarily entered in the company’s shareholders’ register at the latest by the time stated above. Further information on these matters can also be found on the company’s website citycon.com/agm2018.

3. Proxy representative and proxy documents
A shareholder may participate in the general meeting and exercise his/her rights at the meeting by way of proxy representation. A proxy representative shall produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the general meeting. When a shareholder participates in the general meeting by means of several proxy representatives representing the shareholder with shares at different securities accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the general meeting. Proxy templates are available on the company’s website citycon.com/agm2018.

Possible proxy documents are requested to be submitted to the company by the end of the registration period.

4. Further instructions/information
Pursuant to Chapter 5, Section 25 of the Finnish Companies Act, a shareholder who is present at the general meeting has the right to request information with respect to the matters to be considered at the meeting.

Further information on matters pertaining to general meeting and on shareholder’s rights is available on the company’s website citycon.com/general-meeting.

On the date of publication of this notice, 23 February 2018, Citycon Oyj has 889,992,628 shares and votes. The company holds 24,767 of the company’s own shares on the date of publication of the notice.

CITYCON OYJ
Board of Directors

Information on the proposed new member of the Board of Directors

Ofer Stark
Born 1972
Israel and US citizen
Main occupation: Architect, entrepreneur

MEDIA CONTACT
Sanna Kostiainen
COMMUNICATIONS MANAGER, FINLAND
+358 400 712 072
sanna.kostiainen (at) citycon.com

Posted on February 20, 2018 by Retail News Editor

CBL Properties to deliver fresh new eateries at Volusia Mall in Daytona Beach, FL, and Northgate Mall in Chattanooga, TN

CHATTANOOGA, Tenn., 2018-Feb-20 — /EPR Retail News/ — CBL Properties (NYSE: CBL) today (2/19/2018) announced plans to add new dining options as part of the redevelopment of two former Sears Auto Centers. The redevelopments will deliver fresh new eateries at both Volusia Mall in Daytona Beach, Florida, and Northgate Mall in Chattanooga, Tennessee. Construction on both projects will begin in March with an expected opening this fall.

“CBL is committed to diversifying the uses at our properties to include more dining and other lifestyle options. We are thrilled to move forward with our plans to redevelop the two Sears Auto Centers we acquired last year,” said Stephen Lebovitz, president & CEO, CBL Properties. “This is one of many announcements we look forward to sharing in 2018 detailing the transformation of CBL properties through our redevelopment program.”

Bonefish Grill, Metro Diner, and The Casual Pint will join the mix at Volusia Mall. Additional tenants planned as part of the project will be announced as leases are executed.

Northgate Mall will welcome Tennessee-based Aubrey’s as well as Panda Express as part of the redevelopment.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 119 properties totaling 74.4 million square feet across 27 states, including 76 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Investor Contact:
Katie Reinsmidt
423-490-8301
Executive Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
423-490-8361
Director of Public Relations & Corporate Communications
Stacey.Keating@cblproperties.com

Source: CBL Properties

Posted on February 19, 2018 by EPR Retail News Editors

Alshaya brands Starbucks and Babel recognised for their world-class customer service in Kuwait’s Public Relations Association’s annual awards

Alshaya brands Starbucks and Babel recognised for their world-class customer service in Kuwait’s Public Relations Association’s annual awards

Shuwaikh, Kuwait, 2018-Feb-19 — /EPR Retail News/ — Two brands operated by retail franchise operator M.H. Alshaya, Starbucks and Babel, have been recognised for their commitment to providing world-class customer service in Kuwait’s Public Relations Association’s annual awards.

The awards, under the patronage of HH the Amir Sheikh Sabah Al Ahmad Al Jaber Al Sabah, saw Starbucks win awards for ‘Excellence in Customer Service’, for best practices in providing customer service in the café category; and ‘Excellence in Sustainability and Corporate Social Responsibility’. Babel won an award for ‘Excellence in Website Services.’ The awards highlight the brands’ ability to follow up on customer feedback in a quick and effective way.

An Alshaya representative received the award from Her Excellency Hind Al-Sabih, Minister of Social Affairs and Labour and Minister of State for Economic Affairs, at a ceremony also attended by Sheikh Khalid Al Abdullah Al Sabah, Head of Amiri Protocols, and Jamal Al Nasrullah, Head of Kuwait’s Public Relations Association.

Kuwait’s Public Relations Association aims to recognise excellent customer service across the public and private sectors.

Mona Dabbah, Alshaya’s Customer Service Director, said: “We’re proud and delighted that our efforts to put our customer at the heart of our business have been recognised in this way. Our culture at Alshaya is built on listening to our customers and ensuring their satisfaction. Delivering the highest levels of customer service at every touchpoint is our top priority.”

Alshaya operates more than 3,900 stores for nearly 90 of the world’s best-known and best-loved brands, including Starbucks, H&M, Mothercare, Debenhams, The Cheesecake Factory, Victoria’s Secret, and Boots, and Pottery Barn across the Middle East, North Africa, Russia, Turkey and Europe. The company’s Contact Centre manages a broader customer service offering that builds connections with the customers of all the brands that the company operates, 365 days a year.

SOURCE: M.H. Alshaya Co.

Media

If you are a journalist and want some information about Alshaya or one of our brands, please contact our Corporate Communications team:

+965 2224 2475
+965 2224 3626
communications@alshaya.com

Posted on February 16, 2018 by EPR Retail News Editors

CBL Properties appoints Mike Harrison to EVP, operations and Alan Lebovitz to EVP, management

CHATTANOOGA, Tenn., 2018-Feb-16 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today announced the appointment of Mike Harrison to executive vice president – operations and Alan Lebovitz to executive vice president – management.

Commenting on the promotions, CBL’s president & CEO, Stephen Lebovitz, said, “Mike and Alan have established themselves as leaders within CBL in their respective fields and the shopping center industry. We are pleased to recognize their accomplishments and significant contributions to the company.

“Mike has been an invaluable contributor since joining CBL in 2013. His significant financial and prior real estate experience have served as a strong foundation as he has worked effectively across departments to improve CBL’s systems and implement new technologies. Mike is an innovative thinker who will play a valuable role in advancing CBL’s operations going forward.”

Since taking over the management division, Alan has proven himself to be a hands-on leader with a team-centric approach, and he has built strong relationships with the mall teams. In this role, Alan will continue to oversee approximately 300 field team members who staff CBL’s property portfolio.

CBL also announced two promotions within the management division. Don Sewell has been promoted to senior vice president – management and Dan Wolfe to vice president – management.

Lebovitz added, “Alan’s team has decades of proven leadership within CBL and a strong desire to move the company forward. Don joined CBL in 1973, has been instrumental in supervising operations of our malls, and has worked tirelessly to achieve higher productivity for each property. Dan has exhibited great leadership with his mall teams, and he has used his extensive management background to maximize the performance of the mall management teams with which he works.”

In late 2013, Mike joined CBL to provide leadership and oversight of new strategic initiatives and technology solutions with the goal of improving CBL’s operations. CBL launched this program, dubbed CBL 2.0, in January 2014, and the first phase became fully operational in October 2015. Prior to joining CBL, Mike served for two years as senior vice president real estate and chief financial officer for a private real estate developer, owner and operator. Mike’s prior experience also includes 18 years of senior level consulting practice focused on strategic management in the real estate industry.

Alan joined CBL in 1995 serving various roles in management, leasing and development. In 2002, he was promoted to vice president – asset management and in 2009 to senior vice president – asset management. In June 2017, Alan assumed the role as head of CBL’s management division in addition to overseeing CBL’s third party and asset management division. Alan has an in-depth knowledge of the CBL portfolio and has fostered strong relationships with each mall team.

Don joined CBL in 1973 as general manager of Heartland Mall in Brownwood, Texas, and was later transferred to Post Oak Mall in College Station, Texas. In 1986, Don moved to Chattanooga and became director of operations – malls. In 2000, Don was promoted to vice president – mall management and has been instrumental in supervising the operations of CBL’s malls to achieve higher productivity.

Dan joined CBL in 1999, and prior to joining CBL’s home office management staff in 2016, he served as general manager of several CBL properties in the southeast. In his new role, Dan will be charged with assisting in the oversight of the management division as well as the marketing department.

About CBL Properties

CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com
or
Media Contact:
Stacey Keating, 423-490-8361
Director of Public Relations & Corporate Communications
Stacey.Keating@cblproperties.com

Source: CBL Properties

Posted on February 14, 2018 by EPR Retail News Editors

CBRE recognized as a 2018 World’s Most Ethical Company® by the Ethisphere Institute

LOS ANGELES, CA, 2018-Feb-14 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2018 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is the fifth year in a row CBRE has achieved this recognition.

“Our clients trust CBRE to not only deliver exceptional client outcomes but to act with integrity in all areas of our business, which our people do day-in and day-out,” said Bob Sulentic, president and chief executive officer of CBRE.

Ethisphere honors companies that influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key stakeholders and use their values and culture to underpin the decisions they make every day. Companies are evaluated in five key categories: ethics and compliance program, corporate citizenship and responsibility, culture of ethics, governance, and leadership, innovation and reputation.

“While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society’s strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World’s Most Ethical Companies, in particular continued to show exemplary leadership,” explained Ethisphere’s CEO, Timothy Erblich. “I congratulate everyone at CBRE for being recognized as one of the World’s Most Ethical Companies.”

Earlier this year CBRE was included on the 2018 America’s Best Employers For Diversity list by Forbes, the only commercial real estate company to receive this honor. In December 2017, FORTUNE magazine also named CBRE one of the best U.S. workplaces for diversity.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

SOURCE: CBRE

Media Contacts
CBRE Logo
Robert McGrath
Corporate Communications, Global

Posted on February 6, 2018 by Retail News Editor

Nordstrom to relocate its Oak Park Mall store to Country Club Plaza in Kansas City, Missouri

SEATTLE, 2018-Feb-06 — /EPR Retail News/ — Nordstrom, Inc. today (Feb. 2, 2018) announced plans to relocate its Oak Park Mall store in Overland Park, Kansas, to Country Club Plaza in Kansas City, Missouri. The new, approximately 116,000-square-foot store is expected to open in 2021. Nordstrom will continue serving customers at its current location in Oak Park Mall until it relocates.

“We’ve been fortunate to be able to serve our customers in this market at Oak Park Mall for the past 20 years and look forward to offering them a new shopping experience at Country Club Plaza,” said Jamie Nordstrom, president of stores for Nordstrom. “Kansas City continues to be a terrific market for us. We want to grow our business here, which means we need to invest in bringing our customers the best we have to offer when it comes to both our digital capabilities and our physical locations. By building a new store, we’re excited to provide a new experience that makes shopping with us even more convenient.”

“The addition of a new Nordstrom store advances Taubman and Macerich’s promise to create a modern, point-of-difference experience on the Plaza,” said William S. Taubman, chief operating officer, Taubman Centers, Inc. “Exciting new retail and dining will ensure the district’s future success and that it remains the crown jewel of the market.”

Taubman Centers, Inc. (NYSE: TCO) and The Macerich Company (NYSE: MAC) jointly own and manage the 15-block, 1.3 million-square-foot, mixed-use retail and office property located in Kansas City.

Nordstrom’s Oak Park Mall store opened in 1998 and was the company’s first store in Kansas. Nordstrom currently operates 18 Nordstrom stores and 44 Nordstrom Rack stores in the Midwest.

About Nordstrom
Nordstrom, Inc. is a leading fashion retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 366 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 232 Nordstrom Rack stores; two Jeffrey boutiques; two clearance stores; seven Trunk Club clubhouses; and its Nordstrom Local service concept. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com, HauteLook and TrunkClub.com. Nordstrom, Inc.’scommon stock is publicly traded on the NYSE under the symbol JWN.

MEDIA CONTACT:
Jennifer Tice Walker
Nordstrom, Inc.
Jennifer.ticewalker@Nordstrom.com
1-877-746-6228

SOURCE: Nordstrom, Inc.

Posted on January 28, 2018 by Retail News Editor

DFS brings BVLGARI’S new Serpenti Passion Red collection at DFS airport stores and T Gallerias

: DFS brings BVLGARI’S new Serpenti Passion Red collection at DFS airport stores and T Gallerias

HONG KONG, 2018-Jan-29 — /EPR Retail News/ — DFS Group, the world’s leading luxury travel retailer and the magnificent Italian High Jeweler, BVLGARI, are delighted to introduce the new Serpenti Passion Red collection, available exclusively at DFS airport stores and T Gallerias from January 1, 2018.

This exclusive collection introduces four new brilliant BVLGARI pieces, immediately recognizable by their unmistakable Italian design reflecting 2,700 years of Roman history, and embracing stylistic audacity and a penchant for rich, vibrant color.

The collection features two Serpenti Twist Your Time watches with interchangeable straps crafted in calf and Karung leather in pink and red or burgundy and black, a Serpenti Seduttori pendant with a ruby eye, and a Serpenti Forever ruby red handbag in brushed metallic calf leather with a red and white Serpenti head and onyx eyes.

Christophe Chaix, DFS Group Senior Vice President Fashion, Watches, Jewelry and Accessories said the introduction of the new collection symbolizes DFS Group’s appreciation of BVLGARI’s unrivaled commitment to high-end quality.

“We are delighted to continue our unique partnership with BVLGARI, whose name is synonymous with a luxurious lifestyle,” said Christophe. “These stunning new designs are a perfect complement to DFS’ belief that life should be lived beautifully. We are sure our discerning traveling customers will be thrilled to find Serpenti and Seduttori in our collection of fine watches and jewelry.”

Lelio Gavazza, Executive Vice President Sales and Retail BVLGARI, said the new collection signifies what BVLGARI is and has always been about; homage to legacy, and the grace of uniquely designed jewelry, watches and bags.

“BVLGARI is pleased to present this exclusive capsule collection to DFS. This premium network represents the ultimate luxury retail shopping experience in travel retail channel. With BVLGARI‘s unique products combined with DFS expertise in delivering customized customer experience, we are certain to satisfy various travelers’ needs, especially during the coming Chinese New Year holiday. ”

DFS brings BVLGARI’S new Serpenti Passion Red range to global travelers, luxury shoppers and particularly to customers in Hong Kong, China, Macau and Japan who value high-quality luxury fashion and jewelry.

BVLGARI’s Serpenti Passion Red will be available for purchase at T Galleria by DFS stores worldwide until 31 December 2018.

Details of the new BVLGARI Serpenti and Seduttori range:

• BVLGARI Serpenti Twist Your Time 27mm Watch with Pink and Red Interchangeable Straps in calf and Karung leather: Watch size 27 mm in steel case, Mother of Pearl dial sourced from Australia and Indonesia, pink bracelet calf with two loops, hour/minute display, quartz stones, waterproof up to 30 metres and Crown with Rubellite

• BVLGARI Serpenti Twist Your Time 27mm Watch with Burgundy Red and Black Interchangeable Straps in calf and Karung leather: Watch size 27 mm in steel case, red dial, bordeaux bracelet calf with two loops, hour/minute display, quartz stones, waterproof up to 30 metres and Crown with Rubellite

• BVLGARI Seduttori Pink Gold Pendant with Ruby: Pink gold necklace with .24 ct pear ruby in a round mounted setting

• BVLGARI Serpenti Forever Nappa Handbag Ruby Red Limited Edition: Flap Cover, Serpenti Forever Accessories, brushed metallic calf leather in ruby red and light gold with 100% Nappa Ruby Red lining.

MEDIA CONTACTS:

press.enquiries@dfs.com

Source: DFS Group

###

Posted on January 25, 2018 by EPR Retail News Editors

Mid Rivers Mall announces significant investment and upgrades on the property

St. Peters, MO, 2018-Jan-25 — /EPR Retail News/ — On the heels of the announcement by H&M to open a store at Mid Rivers Mall this fall, the mall is also excited to announce several store relocations to make way for the new store, as well as significant investment and upgrades both inside and outside the property.

Three national retailers have made a commitment to stay at Mid Rivers Mall, despite the need for them to relocate for the new H&M store. Claire’s will move to a new 1,250 square foot space on the lower level in Center Court. Justice will relocate to a new 4,100 square foot space on the lower level near Dillard’s. Lane Bryant will move to a new 5,000 square foot space on the lower level in the Dillard’s wing. All three will open in their new locations by this summer. American Eagle Outfitters is also reinvesting in their store at the mall by completing a remodel of the space in their current location on the lower level in the Dillard’s wing.

Mid Rivers Mall will also be opening a new “Pop-Up Shop” next month, an opportunity for local boutiques to try their business in a mall setting for one week at a time. Additional details are forthcoming in the coming weeks, but small businesses interested in more information about this new leasing opportunity can contact Justine Robinson, Specialty Leasing Manager, at 636.970.2610 ext. 227.

In addition to these retailer moves inside the mall, Mid Rivers Mall is also investing in the interior with several projects. First, the Center Court escalators will be replaced. Second, both elevators will be improved with new finishes and mechanical upgrades. Finally, new digital directories will be installed throughout the mall. All of the interior projects will be complete by this summer.

Finally, several major improvements are being made on the exterior of the mall as well. The parking lot lights will be upgraded to LED, plus 24 more poles will be installed throughout the lot. The majority of the lot will be resurfaced this year, and the remaining portion completed in 2019.

“Between the new H&M, several store relocations and the significant investment both inside and outside the property, a ‘Mid-amorphosis’ at Mid Rivers Mall is taking place,” said the mall’s General Manager, Spencer Dawkins. “These new stores and enhancements prove to our shoppers and the community that Mid Rivers Mall is THE major shopping destination in St. Charles County.”

Mid Rivers Mall completed a full interior renovation program at the end of 2013, which included new flooring, updated interior colors and paint, energy-efficient lighting upgrades, plus new amenities including soft seating areas and holiday décor. In 2016, Mid Rivers Mall made the investment in a brand new HVAC system.

About Mid Rivers Mall
Mid Rivers Mall is owned and managed by CBL Properties and includes over 140 specialty stores including Bath & Body Works, Charlotte Russe, The Children’s Place, Express, Francesca’s, LOFT, New York & Company Outlet, a 14-screen Marcus Theatre, Dick’s Sporting Goods and Best Buy. Mid Rivers Mall is conveniently located along Interstate 70 and Mid Rivers Mall Drive. For more information about Mid Rivers Mall, please call 636.970.2610, or visit the website at www.ShopMidRiversMall.com.

SOURCE: CBL Properties

MEDIA CONTACT
cbl.publicrelations@cblproperties.com

Posted on January 22, 2018 by EPR Retail News Editors

British Land appoints Simon Carter Chief Financial Officer

LONDON, 2018-Jan-22 — /EPR Retail News/ — The British Land Company Plc announces that Simon Carter has been appointed as Chief Financial Officer. Simon is currently Chief Financial Officer at Logicor and prior to that was Finance Director at Quintain Estates & Development Plc. In both roles he contributed to the businesses during periods of considerable change and complexity. Prior to this Simon spent just over ten years at British Land in a variety of financial and strategic roles and was a member of the executive committee from 2012.

Simon succeeds Lucinda Bell who, as previously announced, intended to step down from the Board and leave the company on 4 April 2018. Having now successfully completed the search for a replacement CFO, we have agreed that Lucinda will now step down from her role as a main Board Director as well as her day-to-day responsibilities as CFO with immediate effect. A team has already been established to manage the transition to a new CFO. This is made up of the three Executive Directors and senior members of Group Finance including the Financial Controller and Head of Investor Relations. This transition team will assume responsibility for the year end process and ongoing Group finance functions, until Simon takes up his role. His start date will be announced in due course.

Chris Grigg, Chief Executive, said: “We are delighted to welcome Simon back to British Land. In his roles at Quintain and Logicor he has gained a very broad perspective and significant leadership experience and expertise. During his previous time with the company, he was an incredibly capable and experienced member of our senior team, contributing to the company’s development through a number of roles including treasury, corporate finance, and strategy.”

There are no other disclosures to make pursuant to LR 9.6.13.

Enquiries:
Investor Relations
David Walker, British Land	020 7467 3418

Media
Pip Wood, British Land	020 7467 2838

SOURCE: British Land

Posted on January 19, 2018 by EPR Retail News Editors

CBRE announces the promotion of Bill Concannon to the position of Global Group President

LOS ANGELES, CA, 2018-Jan-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced the promotion of Bill Concannon to the position of Global Group President.

Mr. Concannon, who leads CBRE’s occupier outsourcing business (called Global Workplace Solutions), is one of three senior CBRE executives with the Global Group President title. This designation is reserved for CBRE’s most senior leaders with global, market-facing responsibilities. It reflects outstanding leadership within their areas of responsibility, and significant contributions to the company’s success – and the success of its clients – across the entire enterprise.

“Bill has made exceptional, ongoing contributions to our company over three decades,” said Bob Sulentic, CBRE’s president and chief executive officer. “He pioneered the occupier outsourcing concept in our sector in the early 1990s. Through a passionate commitment to excellence, leadership by example and strategic thinking, he has built our Global Workplace Solutions offering into a $6.4 billion revenue business – one that is known for generating exceptional results for our clients.”

The other senior CBRE executives with the Global Group President title are Cal Frese and Mike Lafitte, who share responsibility with Mr. Concannon for all of CBRE’s geographic and services business line operations.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

SOURCE: CBRE

MEDIA CONTACT
Robert McGrath
Senior Director
+1 212 9848267
FAX +1 212 9848207

Posted on January 18, 2018 by EPR Retail News Editors

Spontini partners with M.H. Alshaya Co. to open restaurants across the Middle East and North Africa region

Spontini partners with M.H. Alshaya Co. to open restaurants across the Middle East and North Africa region

Shuwaikh, Kuwait, 2018-Jan-18 — /EPR Retail News/ — Spontini, the rapidly-growing Milan-based pizzeria known for its simplicity and high-quality Italian ingredients, has signed an agreement with international retail franchise operator M.H. Alshaya Co. to open restaurants across the Middle East and North Africa region.

Spontini, the rapidly-growing Milan-based pizzeria known for its simplicity and high-quality Italian ingredients, has signed an agreement with international retail franchise operator M.H. Alshaya Co. to open restaurants across the Middle East and North Africa region.

“I’m proud that we’ll be able to offer diners in the MENA region a handmade pizza that will be prepared every day using the same recipe Spontini has been using since 1953, with the same Italian ingredients we use in our stores in Milan. It’s a pleasure to work with a partner that shares our vision and wants to offer our customers the same experience that they would experience in our Italian stores,” said Massimo Innocenti, Spontini executive chairman and founder of the brand.

Spontini started life in 1953 under the name of ‘Cibi Cotti’, characterised by simple and inexpensive dishes from Tuscany’s traditional cuisine. It soon introduced the now-typical slice of pizza, officially becoming ‘Spontini’, from the name of the street in which the original store is located. The recipe for the classic Spontini pizza has barely changed since then, offering an unmatched Italian taste experience.

Alshaya is a franchise operator for more than 80 world-leading brands, including Starbucks, Shake Shack, The Cheesecake Factory, P.F. Chang’s, Victoria’s Secret, Pottery Barn, H & M and Mothercare. The company operates more than 3,500 stores across the Middle East, North Africa, Russia Turkey and Europe, and employs more than 50,000 people.

“We think Spontini will offer something unique and authentic to our discerning customer base,” said Mohammed Alshaya, Executive Chairman of M.H. Alshaya Co. “With its simple approach to handmade, quality pizza, and a strong sense of heritage and tradition, it will be an exciting addition to our portfolio of world-leading food brands.”

SOURCE: M.H. Alshaya Co. W.L.L.

Media contact

If you are a journalist and want some information about Alshaya or one of our brands, please contact our Corporate Communications team:

+965 2224 2475
+965 2224 3626
communications@alshaya.com

Posted on January 18, 2018 by EPR Retail News Editors

SPAR Nigeria opens new hypermarket in Tejuoshop shopping centre in Lagos

SPAR Nigeria opens new hypermarket in Tejuoshop shopping centre in Lagos

LAGOS, Nigeria, 2018-Jan-18 — /EPR Retail News/ — In the brand new Tejuoshop shopping centre in Lagos, SPAR Nigeria recently opened a SPAR Hypermarket with a sales area of 1,425m², attracting huge crowds on the opening day.

The Tejuosho Shopping Centre, the former Tejuosho Market, famous for fabric and garment trading, is an ultra-modern shopping centre and with room for 1,000 stores, this multi-storey building is one of the largest shopping destinations in the country. The brand new SPAR Hypermarket is the anchor tenant and will drive key footfall to the shopping centre.

The new hypermarket attracts shoppers through its broad product range. In addition to FMCG products, there is an extensive offering of fruit & vegetables, an instore butchery and bakery, a service counter with freshly prepared snacks and meals, dairy & perishables, a broad range of wines & spirits, electronics, home appliances, mobile phones and laptops – catering for the needs of modern consumers. In addition to this extensive product range, SPAR Nigeria offers a number of promotional items and services to shoppers such as gift cards, reward cards and consumer leasing services.

The SPAR Hypermarket targets consumers in Lagos, the largest city in Nigeria, and the surrounding areas of Yaba, Akoka, Jibowu and Surulere.

With the opening of the new hypermarket, SPAR Nigeria now operates a total of six stores in the city of Lagos and 12 overall in Nigeria, delivering a total retail space of over 39,800m².

Watch this video of the opening of the SPAR Hypermarket in the Tejuoshop shopping centre in Lagos.

About SPAR Nigeria

The SPAR licence for Nigeria was granted to the Artee Group in 2009, a leading retail operator in Lagos. Progress has continued throughout the years in growing the SPAR presence in the country with the development of the brand through a combination of new build and conversion stores.

Both hypermarkets and large supermarkets are operated in key cities across the country, with ongoing development of retail expertise and the import of SPAR Own Brand products to complement the locally sourced ranges.

SOURCE: SPAR International

MEDIA CONTACT
info@spar-international.com
+3120 626 6749

Posted on January 17, 2018 by EPR Retail News Editors

Majid Al Futtaim opens new wing at City Centre Ajman featuring more than 50 international brands and dining concepts

Majid Al Futtaim opens new wing at City Centre Ajman featuring more than 50 international brands and dining concepts

Ajman, United Arab Emirates, 2018-Jan-17 — /EPR Retail News/ — Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – announced the opening of 50 exciting international brands and dining concepts as part of its ongoing enhancement project at City Centre Ajman.

City Centre Ajman is transforming into a regional mall with an investment of AED 643 million, which is part of Majid Al Futtaim’s announcement made in June 2016 to increase its total investment in the UAE by AED 30 billion by 2026, taking its total investment in the country to AED 48 billion.

With a gross leasable area of 34,000 sqm, the mall brings 14 brands to Ajman for the first time. Fashion-forward shoppers will find all their beauty essentials at international stores Inglot and Lush, which mark their debut in the emirate. Style enthusiasts can also shop for all the latest, trendy outfits at Garage and US Polo, which make their first foray into the city, as well.

City Centre Ajman takes family dining to the next level by introducing alfresco eating options for diners who want to enjoy the cool weather while savouring a multi-cuisine spread. Portuguese-style casual dining restaurant Nando’s, Turkish cuisine masters Mado café and authentic Italian comfort food restaurant Pizza Express are serving up their world-famous recipes to residents and tourists for the first time in Ajman.

Visitors can also opt to start their day with a steaming cup of coffee and buttery croissants at the new, bigger Starbucks and Gerard Café, which have an indoor and outdoor seating area, or sit down with friends in the central galleria for a hearty breakfast of freshly toasted bagels and beverages at Tim Hortons.

Adrenaline seekers and young-at-hearts can enjoy hours of fun at Majid Al Futtaim’s family entertainment centre, Magic Planet, which is now grown to 1,466 sqm in size. While the kids have their time out on the rides, parents can kick back and enjoy the latest movies at the relocated VOX Cinemas at City Centre Ajman.

The innovatively designed mall extension boasts a bigger parking facility with 1,800 spaces. It took more than six million man hours to construct the striking new wing, which has a central galleria, skylight roof allowing natural light to stream in during the day and contrast lighting levels in stores that create an inviting ambiance for shoppers.

The first phase of the expansion was carried out in line with green building protocol and Majid Al Futtaim’s sustainability strategy. Energy-efficient design and procedures, including installing LED lighting and water-saving, low-flow faucets and fixtures help reduce the mall’s carbon footprint.

The next development phase will involve the renovation of the existing mall which will see City Centre Ajman grow from 29,000 to 55,300 sqm in size upon completion in 2019. As part of the upgrades, the public areas and facilities, including the toilets, baby changing area and prayer rooms will be enhanced for a seamless transition between the old and new section of the mall.

“The new wing at City Centre Ajman, which features more than 50 international brands and dining concepts, is set to revolutionise the emirate’s retail landscape,” said Fuad Mansoor Sharaf, Managing Director for Majid Al Futtaim Properties, Shopping Malls (UAE, Bahrain & Oman).

“We are proud to bring 14 world-class brands that make their debut in Ajman, underscoring our continued leadership in the retail sector. We’ve listened carefully to our fashion-conscious customers who want the convenience of shopping for their favourite brands closer to home and have addressed that demand with our diverse range of new stores and restaurants.

As City Centre Ajman transforms into a regional shopping mall, our focus on contemporary design with convenience and accessibility at the centre of our services, a tailored retail mix with dynamic new brands and unique dining and entertainment concepts continue to make it a destination of choice for both residents and tourists.

City Centre Ajman’s expansion project complements Majid Al Futtaim’s additional investments in the Northern Emirates, which includes the recent opening of My City Centre Al Dhait in Ras Al Khaimah and the expansion of City Centre Sharjah in 2018.

For more information, please visit: www.citycentreajman.com and www.facebook.com/CityCentreAjman.

SOURCE: MAJID AL FUTTAIM

Media Contact:
Wallis PR
+971 50 747 8066
nerry.toledo@wallispr.com wallispr.com

Posted on January 17, 2018 by EPR Retail News Editors

LCP acquires multi-let industrial holding at Southfield Industrial Estate in Glenrothes, Scotland

LCP acquires multi-let industrial holding at Southfield Industrial Estate in Glenrothes in Scotland

Glenrothes industrial estate is added to Scotland portfolio

West Midlands, England, 2018-Jan-17 — /EPR Retail News/ — As part of our ambitious growth plans, we are pleased to announced that we have acquired an industrial estate in Scotland – our ninth acquisition in the country in the past few months.

The £3.1 million investment for the multi-let industrial holding at Southfield Industrial Estate in Glenrothes includes units that range in size from 941 sq ft to 10,000 sq ft and altogether provide 234,148 sq ft of accommodation. The premises are let to 21 different companies, providing a rental income of £465,661.

We opened our first Scotland headquarters in Glasgow last year and have invested millions of pounds acquiring nine portfolios comprising 48 industrial retail units – totalling 346,810sq ft of real estate.

James Buchanan, investment director, said it was keen to secure this latest investment because of the asset management opportunities, which include lease re-gears and potential sales of units to tenants.

“This is a key acquisition in an increasingly important region for the company,” he said. “Our team of pro-active asset managers is now examining ways in which we can add value to the properties for the benefit of local businesses. They will also be using their extensive knowledge to attract tenants to the four units that are currently vacant as part of their marketing campaign.”

The four units that are available range from 2,410 sq ft to 19,242 sq ft and are suitable for a range of uses, including industrial.

For more information about the units, contact Roddy Proudfoot, asset manager, on 0141 465 3395 or email: RProudfoot@lcpproperties.co.uk

SOURCE: LCP Management Ltd

Posted on January 12, 2018 by EPR Retail News Editors

Majid Al Futtaim expands My City Centre brand in the UAE with the opening of My City Centre Al Dhait

Majid Al Futtaim expands My City Centre brand in the UAE with the opening of My City Centre Al Dhait

Ras Al Khaimah, United Arab Emirates, 2018-Jan-12 — /EPR Retail News/ — Majid Al Futtaim—the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia—today opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and services destination for this emirate’s residents and tourists.

“Today we underscore Majid Al Futtaim’s commitment to delivering a unique retail experience to fast-growing communities around the region with the opening of My City Centre Al Dhait, our first shopping destination in Ras Al Khaimah and the latest addition to the growing My City Centre brand in the UAE,” said Ghaith Shocair, Chief Executive Officer – Shopping Malls,
Majid Al Futtaim – Properties.

“We will deliver a diverse retail offering in an accessible location within the expanding residential areas of Ras Al Khaimah. My City Centre Al Dhait will address the daily needs of visitors and the increasing number of tourists in the country’s Northern Emirates.”

The AED 68.5 million mall, which has a gross leasable area of 5,494 square metres, houses more than 30 regional and international lifestyle brands. My City Centre Al Dhait is Majid Al Futtaim’s third My City Centre mall in the UAE, a neighbourhood shopping and dining destination created specifically for nearby residential and commercial communities.

Easily accessible due to its proximity to Mohammed Bin Zayed Road, My City Centre Al Dhait offers a vast array of household goods, including fresh produce and bakery items from Carrefour Market. Dining options include the emirate’s first branch of American fast-food chain Popeye’s, Blends & Brews and McDonald’s alongside more extensive menu options at Indian restaurant Gazebo and Iranian cuisine specialist Hatam.

The opening of My City Centre Al Dhait reinforces Majid Al Futtaim’s commitment made in 2016 to increase investments in the UAE by AED 30 billion by 2026, taking its total investments in the UAE to AED 48 billion.

As part of Majid Al Futtaim’s sustainability strategy, My City Centre Al Dhait follows green building protocol with innovative methods and resource-efficient procedures in place, including collecting condensed water from air-conditioning and ventilations systems to use for irrigation and installing LED lighting and water-saving low-flow fixtures and faucets. The single-storey, 7,000-square-metre property meets LEED Gold criteria and its solar-panelled parking bay shades, which incorporate photovoltaic cells, are expected to deliver energy savings of 7.5 per cent.

My City Centre Al Dhait complements Majid Al Futtaim’s additional investments in the Northern Emirates, which include the expansion of both City Centre Ajman and City Centre Sharjah in 2018.

SOURCE: MAJID AL FUTTAIM

Media Contact:
Wallis PR
mafp@wallispr.com
+971 4 449 0600

Posted on January 10, 2018 by Retail News Editor

CBL Properties unveils major anchor redevelopment project at Eastland Mall in Bloomington, IL

CBL Announces Exciting Redevelopment Plans For Former Department Store

CHATTANOOGA, Tenn., 2018-Jan-10 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today (1/4/2018) confirmed details of its transformation plan for Eastland Mall in Bloomington, IL. Global fashion retailer H&M and popular fitness center Planet Fitness will join the center as part of the redevelopment of the former JCPenney store. In addition to H&M and Planet Fitness, Outback Steakhouse is also slated to join the line-up at Eastland Mall.

“We are thrilled to kick off 2018 by announcing a major anchor redevelopment project at Eastland Mall,” said Stephen Lebovitz, president & CEO, CBL Properties. “The additions of H&M and Planet Fitness are a perfect example of our commitment to bringing a dynamic mix of uses to our centers. Dining, value and fitness are increasingly in demand, and we are pleased to deliver names that not only meet this demand, but elevate the overall customer experience.”

Construction on H&M, Planet Fitness, and Outback Steakhouse is currently underway, and all tenants are set to open prior to the 2018 holiday season.

About CBL Properties

Investor Contact:
Katie Reinsmidt
423-490-8301
Executive Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
423-490-8361
Director of Public Relations & Corporate Communications
Stacey.Keating@cblproperties.com

Source: CBL Properties

Posted on December 20, 2017 by EPR Retail News Editors

Citycon’s VP, Marketing and Branding Marianne Mazarino Håkonsen to leave the company

Espoo, Finland, 2017-Dec-20 — /EPR Retail News/ — Marianne Mazarino Håkonsen, Citycon Oyj’s VP, Marketing and Branding and member of the Corporate Management Committee will leave the company. She will step down from the Corporate Management Committee as of January 2018 and leave the company as of March 2018. The decision to leave is mutual between the company and Mrs. Håkonsen and is the result of the company’s decision to integrate the marketing and branding department with operations under the direct responsibility of Chief Operating Officer (COO) Jurn Hoeksema.

Håkonsen joined Citycon in 2015 when Citycon acquired Sektor Gruppen and has been a member of the Corporate Management Committee since December 2015.

“I want to thank Marianne for her valuable contribution to the company during the past couple of years”, says Marcel Kokkeel, CEO of Citycon.

As a result of the change, effective January 2018, Citycon’s Corporate Management Committee will consist of the following members: Marcel Kokkeel, Eero Sihvonen, Anu Tuomola, Jurn Hoeksema and Tom Lisiecki.

SOURCE: CITYCON OYJ

For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 40 154 6760
marcel.kokkeel@citycon.com

Citycon is a leading owner, manager and developer of urban, grocery-anchored shopping centres in the Nordic and Baltic region, managing assets that total almost EUR 5 billion and with market capitalisation of close to EUR 2 billion. Citycon is No. 1 shopping centre owner in Finland and among the market leaders in Norway, Sweden and Estonia. Citycon has also established a foothold in Denmark.

Citycon has investment-grade credit ratings from Moody’s (Baa1) and Standard & Poor’s (BBB). Citycon Oyj’s share is listed in Nasdaq Helsinki.

www.citycon.com

Posted on December 19, 2017 by EPR Retail News Editors

CBL Properties promotes Randy Owens to Vice President – Leasing

CHATTANOOGA, Tenn., 2017-Dec-19 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today announced the promotion of Randy Owens to Vice President – Leasing.

“During his 30 years with CBL, Randy has nurtured relationships with key national retailers throughout our portfolio. He has also completed deals with a number of expanding retailers including CBL’s first ULTA Beauty store in 2011,” stated Stephen Lebovitz, president & CEO, CBL Properties. “Randy’s enthusiasm and expertise is highly regarded among his peers at CBL as well as with our retail partners. We are pleased to recognize his accomplishments and contributions to the company with this well-deserved promotion.”

Randy started his career at CBL in 1988 as a District Leasing Manager in CBL’s Community Center Leasing Division. In 2002, Randy was promoted to Senior Leasing Manager and in 2007, to Regional Leasing Director. In his new role, Randy will lead the national account and portfolio renewal team and will play a key leadership role in CBL’s overall leasing program.

About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 119 properties totaling 74.4 million square feet across 27 states, including 76 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

-END-

SOURCE: CBL Properties

MEDIA CONTACT
cbl.publicrelations@cblproperties.com

Posted on December 18, 2017 by EPR Retail News Editors

PHILIPPINES: SM Prime open its newest mall in Batangas, SM Center Lemery

SM Prime open its newest mall in Batangas, SM Center Lemery

Pasay City, Philippines, 2017-Dec-18 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continues to expand in the Southern Luzon as it schedules to open its newest mall in Batangas, SM Center Lemery, this Friday, December 15. This latest mall-destination in the province will add 25,000 square meters (sqm) to SM Prime’s total gross floor area (GFA) in the Philippines.

“Lemery has been a gateway to different attractions in Batangas, and with this, it’s been continually developing to meet the needs and standards of its residents and visitors. SM Center Lemery takes part in meeting these needs. The exciting mix of offerings in the mall are sure to delight every Batangueños, as we have also done in SM City Batangas and SM City Lipa,” SM Prime President Jeffrey C. Lim said.

Opening with almost 90% of space lease-awarded, SM Center Lemery will have three floors of mixed retail and food tenants topped with preferred household brands such as SM Hypermarket, BDO, Ace Hardware, Miniso, SM Appliance Center, Watson’s, Simply Shoes and Surplus. Staying true to its commitment to deliver utmost malling experience, SM Center Lemery will have a Wellness Zone and Cyberzone that will cater to the distinct and discriminating taste and style of Batanguenos.

This year, SM Prime has already launched five new malls namely SM Center Pulilan in Bulacan, SM Center Tuguegarao Downtown in Cagayan, SM City Puerto Princesa in Palawan, SM Cherry Antipolo in Rizal, S Maison at Conrad Manila in Pasay City and SM CDO Downtown Premier in Cagayan de Oro.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.

###

For further information, please contact:

Alexander Pomento

Vice President, Investor Relations

SM Prime Holdings, Inc.

E-mail: alex.pomento@smprime.com

Tel. no.: +632 862 7940

Posted on December 14, 2017 by EPR Retail News Editors

John Lewis appoints Simon Coble as Trading Director

Simon Coble appointed as John Lewis Trading Director
Ed Connolly to take up the newly created role of Director, Partnership Strategy

LONDON, 2017-Dec-14 — /EPR Retail News/ — John Lewis is delighted to announce the appointment of Simon Coble to the role of Trading Director. Simon will take up the position on 15 January 2018 and will join the John Lewis Management Board (JLMB), reporting to Managing Director Paula Nickolds.

Simon joins from The Body Shop, where he was Managing Director UK, extending his responsibilities to Europe and North America since the end of 2016. He is currently Zone Managing Director for Europe and part of The Body Shop Board. Prior to this he was Chief Executive at Uniqlo for five years and spent 13 years with Arcadia working across a number of brands.

Simon will take on the leadership of the Trading team, including responsibility for our Buying and Merchandising teams, where he will be focused on delivering exceptional products and services.

Paula Nickolds, Managing Director, John Lewis said: ‘I am really delighted that Simon will be joining us. It is an important appointment for us as we continue to reinvent John Lewis and put the customer at the heart of everything we do from the design of our truly unique own brand ranges to the experiences we offer our customers that they cannot get anywhere else. We look forward to welcoming him to the team.’

Simon said: ‘It’s a privilege to be joining this unique organisation at such a pivotal time and I am excited at the opportunities that lie ahead. John Lewis is such a special brand and I am looking forward to being part of the team that helps shape its future commercial success in the competitive conditions currently facing modern retailing.’

Ed Connolly, who has been leading the Trading function, on an interim basis while a recruitment process took place, will take up a newly created role of Director, Partnership Strategy reporting to Patrick Lewis, Group Finance Director. In this new role, Ed will be responsible for shaping and developing the long term direction and sustainability of the Partnership, working directly with the Executive Team.

Prior to this, Ed was Buying Director, Fashion for three years where he led the transformation of John Lewis own brand ranges including launching modern rarity and AND/OR.

Paula Nickolds said: ‘I would like to thank Ed for his outstanding contribution during his time leading the Trading team, especially in the run up to our peak trading period and I wish him all the best in his new role.’

Notes to editors
John Lewis – John Lewis operates 49 John Lewis shops across the UK (35 department stores, 12 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as johnlewis.com. John Lewis, ‘Best In-Store Experience 2017’, ‘Best Furniture Retailer 2017,’ ‘Best Homewares Retailer 2017’¹, stocks around 350,000 separate lines in its department stores and johnlewis.com across fashion, home and technology. Johnlewis.com is consistently ranked one of the top online shopping destinations in the UK. John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

¹Verdict Consumer Satisfaction Awards 2017

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter
www.johnlewis.com/facebook
www.johnlewis.com/youtube.

Enquries
For more information please contact:

Gillian Taylor, Head of Communications
Mobile: 07919 057931
Telephone: 0207 5925635
Email: gillian.e.taylor@johnlewis.co.uk

Katie Robson, Senior External Communications Manager, John Lewis
Mobile: 07764 675608
Telephone: 0207 5926296
Email: katie.robson@johnlewis.co.uk

SOURCE: John Lewis

Posted on December 14, 2017 by EPR Retail News Editors

DFS Group launched its ninth annual Masters of Time exhibition

DFS Group launched its ninth annual Masters of Time exhibition

COLLECTORS AROUND THE WORLD ARRIVE IN MACAU FOR WORLD’S LARGEST RETAIL EVENT OF FINE WATCHES AND JEWELRY

HONG KONG, China, 2017-Dec-14 — /EPR Retail News/ — DFS Group, the world’s leading travel retailer, launched its ninth annual Masters of Time exhibition on Saturday, December 9. The exhibition, which is held at T Galleria by DFS, Macau, in partnership with Shoppes at Four Seasons, will run until February 28, 2018 for customers to view and shop the curated collection. The DFS Masters of Time exhibition is well known for being the world’s largest and most prestigious retail event for luxury watches and jewelry, showcasing the best in design, innovation and heritage for men and women. This year, DFS’ expert teams brought together an unparalleled collection of more than 450 fine watches and exquisite jewelry from 30 brands in a theme that focused on the concept of memories.

“This year’s Masters of Time exhibition explores how watch collectors and creators commemorate life’s most significant moments, so that certain pieces become imbued with our memories,” said Christophe Chaix, Senior Vice President, Fashion, Watches, Jewelry and Accessories. “As always, the customer is at the heart of everything we do at DFS, and each year we travel the world to curate a Masters of Time exhibition to delight returning and new customers alike. This exhibition offers seasoned collectors and first-time buyers the chance to own exceptional pieces that will forever become part of their own memorable journey.”

The ninth annual Masters of Time exhibition kicked off with a prestigious gala event where award-winning artist Jade Kwan performed for guests as they explored a variety of intriguing activities. A multi-sensory exhibition was introduced for the first time at Masters of Time, in which the curated collection of timepieces and jewelry was displayed through a series of interactive pop-up spaces and animations to evoke emotions and ignite the senses. Guests were taken on a multi-sensory journey through four different spaces that explored the concepts of nostalgia, memories, adventure and heritage, each of which transported guests back to a special place, moment or time.

Romantic, rare and archival pieces with a focus on “savoir faire” took center stage in the section dedicated to nostalgia, whilst innovative complications that are certain to become future icons embodied the idea of making memories. Highly technical sports and lifestyle watches dominated in the adventure area, and finally, iconic and classic timepieces brought heritage to life.

In addition, guests were treated to a taste of The Macallan whisky and fine Petrossian caviar, paired to provide the ultimate culinary experience. Korean illustrator Jae Suk Kim flew in from Seoul to hand-paint guests’ portraits in his signature style, featuring Su Su girls adorned in fine jewelry and watch pieces, as holiday gift cards to commemorate the event.

The 2017 Masters of Time exhibition is available for viewing and purchase at T Galleria by DFS, Macau, Shoppes at Four Seasons until February 28, 2018.

SOURCE: DFS Group Limited

MEDIA CONTACTS
press.enquiries@dfs.com

Posted on December 14, 2017 by EPR Retail News Editors

CBRE named one of America’s Most JUST Companies by Forbes and JUST Capital

LOS ANGELES, CA, 2017-Dec-14 — /EPR Retail News/ —
CBRE Group, Inc. (NYSE:CBG) today announced that it has been named one of America’s Most JUST Companies by Forbes and JUST Capital.

Forbes and JUST Capital evaluate U.S.-based public companies based on measures of corporate citizenship, including employee relations, quality of goods and services, client service, environmental impact, community support, diversity and ethical conduct. Nearly 1,000 companies are considered for inclusion in the JUST 100.

“We work hard to create an environment where our people can build rewarding careers while producing great client outcomes and making a positive impact on their communities,” said Bob Sulentic, president & chief executive officer, CBRE. “We are proud that Forbes has recognized our efforts and thank our talented professionals for continuing to distinguish CBRE.”

JUST Capital is a nonprofit research organization that seeks to provide stakeholders—employees, concerned citizens, business leaders and others—with information to assess how “just” companies are.

Earlier this month CBRE was named a 2017 Best Workplace for Diversity by FORTUNE and Great Place to Work®. Additionally, CBRE has been in both the FTSE4Good Index and the Ethisphere Institutes’ World’s Most Ethical Company list every year since 2014. It also has received an EPA ENERGY STAR® Partner of The Year — Sustained Excellence Award for 10 consecutive years.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

SOURCE: CBRE

Media Contacts

Robert McGrath
Senior Director
+1 212 9848267

Posted on December 14, 2017 by EPR Retail News Editors

Weingarten Realty Investors to release Q4 2017 earnings on Wednesday, February 21, 2018

HOUSTON, 2017-Dec-14 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today that its fourth quarter 2017 earnings will be released after the market closes on Wednesday, February 21, 2018. Senior Management will host our quarterly earnings conference call on Thursday, February 22, 2018 at 10:00 a.m. Central Time.

Event: Weingarten Realty’s Fourth Quarter 2017 Earnings Results

When: 10:00 AM CST, Thursday, February 22, 2018

Dial#: 1.888.771.4371 / Conference ID #45774516

Listen via Webcast

This call will be webcast live at www.weingarten.com and can be accessed under the Investor Relations tab of the Company’s website. In addition, an audio archive will be available on the Company’s website shortly after the call concludes. The complete earnings release and supplemental data package will be located in the Investor Relations section of the website on the Quarterly Earnings page. For those without Internet access, the fourth quarter 2017 earnings release and supplemental data package will be available by mail upon request. To receive a copy, please call Investor Relations at (800) 298-9974.

About Weingarten Realty Investors

Weingarten Realty Investors (NYSE:WRI) is a shopping center owner, manager and developer. At September 30, 2017, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 210 properties which are located in 18 states spanning the country from coast to coast. These properties represent approximately 42.4 million square feet of which our interests in these properties aggregated approximately 27.2 million square feet of leasable area. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com.

Forward-Looking Statements

Statements included herein that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company’s regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company’s performance.

Weingarten Realty Investors
Michelle Wiggs, 713.866.6050

Source: Weingarten Realty Investors

Posted on December 13, 2017 by Retail News Editor

Majid Al Futtaim held successful inaugural UAE National Ski and Snowboard Championships at Ski Dubai

: Majid Al Futtaim held successful inaugural UAE National Ski and Snowboard Championships at Ski Dubai

Dubai, United Arab Emirates, 2017-Dec-13 — /EPR Retail News/ — The inaugural UAE National Ski and Snowboard Championships at Ski Dubai witnessed extraordinary skiing and snowboarding performances by more than 130 home-grown snow sports athletes. Concluded recently, the first-of-its-kind event was organised by Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, under the patronage of Dubai Police and the Community Sport initiative of H.H Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai – Chairman of the Executive Council – Chairman of the Dubai Sports Council. The championship was held on December 8th and 9th, 2017, and was supported by the UAE National Olympics Committee and UAE Ice Sports Federation

Attended by hundreds of cheering fans, the country’s biggest ever snow sports event opened with an impressive performance by Dubai Police band, which marched from Ski Dubai through to Central galleria and back to Ski Dubai enthralling visitors along the way.

The championship, which was divided into four snow sports disciplines, provided unparalleled thrills for snow sports fans and enthusiasts from the UAE and beyond and marks a crucial step in ensuring the UAE’s membership in the International Ski and Snowboard Federation (FIS).

The alpine competition on day one was opened by renowned athletes: Gorgio Rocca, winner of 11 World Cup races in Alpine Skiing and four times Olympian, up and coming British snowboarder Sparrow Knox; and 2010 X games big air gold medallist Halldor Helgason. For the second day the freestyle judging panel included 5 international judges headed up by World Cup head Judge Martin Carr. Dedicated to ensuring the championship was held to the highest of global standards, the highly esteemed panel of judges invested all of their efforts to encourage the young participants throughout the event.

There were a total of 30 winners across four disciplines, 18 of whom were UAE nationals, underscoring the growing popularity of snow sports in the Arab world and Ski Dubai’s relentless pursuit to foster and mentor new skiing and snowboarding athletes.

Following world-class display of snow sports skills by participants in Alpine speed disciplines of Slalom Skiing and Giant Slalom, the winners for day-one were announced. Robyn Leslie (GBR) took the top prize in Slalom Skiing Women’s category while Oscar Morgan (AUS) won the Men’s category. Giant Slalom first place was a tie between Robyn Leslie (GBR) and Summer Spendlove (GBR) in the Women’s category, while Oscar Morgan (AUS) swept the top prize in the men category.

The second day of the championship was equally spell binding as the UAE Freestyle Ski and Snowboard Championships in two freestyle disciplines; Slopestyle and Big Air got underway. The day saw performances by a further ten snow sports athletes; Ayshia Al Tamimi (UAE) claimed the gold in Slopestyle Ski women category and Faisal Abdulla (UAE) in the Slopestyle Ski men category, while Saaed Almatrooshi (UAE) swept up the first prize in the Slopestyle Snowboard male category.

Big Air, a more extreme version of Slopestyle where competitors are awarded points based on the Degree of Difficulty of their tricks on a huge jump , was won by Meera Sahoo (UAE), Faisal Abdulla (UAE) and Saaed Almatrooshi (UAE) Freestyle Ski Women category, Freestyle Ski men category and men snowboard category respectively.

Commenting on the competition, Ahmed Galal Ismail – CEO at Majid Al Futtaim Ventures, said: “It is a matter of great pride for Ski Dubai to have been given the opportunity to work with Dubai Police to organise the first-ever UAE National Ski and Snowboard Championships. The championships were a resounding success and this day forward, snow sports in the UAE has entered a new and exciting era of growth and popularity. Having successfully hosted a championship of this scale, I am confident that Ski Dubai will soon become one of the preferred international destinations for snow sports and will host many similar events in the future.

“We are also thankful for the invaluable support provided by Dubai Police, Dubai Sports Council, UAE National Olympics Committee and UAE Ice Sports Federation, which enabled us to organise championships of such stature,” Ahmed Galal Ismail added.

Ski Dubai would like to thank sponsor partners including; ENOC, Aqdar, Sheraton, Empower, Emarat, Emirates NBD, Dutco and Capriole. In addition, Ski Dubai would also like to thank their sponsors including; ZSI Trading, Rossignol and Spyder, as well as and Burton who are proud partners and sponsors of the Ski Dubai Alpine and Freestyle team.

Media Contact:

Carine Arif
Weber Shandwick
04 445 4222
MAFLeisure@webershandwick.com

Source: Majid Al Futtaim

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Posted on December 11, 2017 by EPR Retail News Editors

CBL Properties to announce Q4 and year-end results on Thursday, February 8, 2018

CHATTANOOGA, Tenn., 2017-Dec-11 — /EPR Retail News/ — CBL Properties, Inc. (NYSE: CBL) announced details for the release of its results for the fourth quarter and full year ending December 31, 2017.

CBL plans to issue its earnings release for the fourth quarter and year-end after the market closes on Thursday, February 8, 2018, and will host a conference call on Friday, February 9, 2018, at 11:00 a.m. ET. To access this interactive teleconference, dial (888) 317-6003 or (412) 317-6061 and enter the confirmation number, 6695155. A replay of the conference call will be available through February 16, 2018, by dialing (877) 344-7529 or (412) 317‑0088 and entering the confirmation number, 10114768.

The live broadcast of CBL’s quarterly conference call will be available online at cblproperties.com on Friday, February 9, 2018, at 11:00 a.m. ET. The online replay will follow shortly after the call and continue for three months.

SOURCE CBL Properties

Posted on December 11, 2017 by EPR Retail News Editors

CBRE named a 2017 Best Workplace for Diversity in the United States by FORTUNE and Great Place to Work®

LOS ANGELES, CA, 2017-Dec-11 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it was named a 2017 Best Workplace for Diversity in the United States by FORTUNE and Great Place to Work®.

“We are honored to be named a FORTUNE Best Workplaces for Diversity,” said Bobby Griffin, CBRE’s Vice President of Diversity and Inclusion for the Americas. “This award highlights the work CBRE is doing to continue to fulfill our mission of providing a work environment that attracts, develops and celebrates the professional success of every individual.”

FORTUNE and Great Place to Work considered more than 440,000 employee surveys from organizations in a wide range of industries across the U.S.

Great Place to Work, a research and consulting firm, evaluated more than 50 elements of team members’ experience on the job. These included professional development, behaviors linked to innovation, leadership confidence and consistent treatment among employees of different backgrounds.

More information on CBRE’s diversity and inclusion efforts can be found here. Learn more at Greatplacetowork.com

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.SOURCE: CBREMedia Contacts

Robert McGrath
Senior Director
tel +1 212 9848267
fax +1 212 9848207

Posted on December 11, 2017 by EPR Retail News Editors

Majid Al Futtaim: Disney’s Olaf’s Frozen Adventure will be brought to life at Ski Dubai

Majid Al Futtaim: Disney’s Olaf’s Frozen Adventure will be brought to life at Ski Dubai from 10th December

Dubai, United Arab Emirates, 2017-Dec-11 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, will be providing residents and visitors the opportunity to create more great moments, with an extra special white Christmas experience in Dubai this year, as Ski Dubai becomes home to Frozen’s Olaf this festive season.

From 10^th December, Disney’s Olaf’s Frozen Adventure will be brought to life in the ski resort where guest will be able to journey through a glittering archway into the kingdom of Arendelle and the wonderful world of Olaf. Once inside, visitors will travel through the frozen forest venturing into various festive zones, celebrating Christmas traditions from around the world:

The Snow Globe zone: with a life-size Snow Globe complete with much-loved Frozen favourites waiting to have their picture taken.
Snowman making zone: where guests can build their very own Olaf.
Santa’s Grotto: where the man himself will be making an appearance from 10^th – 24^th December giving out gifts to to all of the good girls and boys as a pre-Christmas treat.
Ski Dubai’s famous Christmas tree: this 40ft wonder will be adding a flourish of Christmas spirit to the winter wonderland.

Guests can then warm up with a cup of hot chocolate in Olaf’s Warm Hug area, before visiting the pop-up retail zone featuring limited edition Olaf merchandise.

Olaf’s residency at Ski Dubai coincides with the loveable snowman’s latest big screen 22-minute movie, Disney’s Olaf’s Frozen Adventure, which will be playing alongside Pixar’s film Coco, showing in all VOX Cinemas until 14^th December.

Disney’s Olaf’s Wintery Adventure at Ski Dubai in Mall of the Emirates will be open from 10^th December – 24^th December. Admission is AED 150 per person for entry to Disney’s Olaf’s Frozen Adventure at Ski Dubai with a free hot chocolate and a VOX Cinema ticket for standard 2D entry to see Pixar’s Coco along with Disney’s Olaf’s Frozen Adventure. AED 130 per person for entry to Disney’s Olaf’s Frozen Adventure at Ski Dubai with a free hot chocolate. For more information and bookings please visit www.skidxb.com.

SOURCE: MAJID AL FUTTAIM

Posted on December 7, 2017 by Retail News Editor

The first-ever UAE National Ski and Snowboard Championships at Ski Dubai, December 8 and 9, 2017

: The first-ever UAE National Ski and Snowboard Championships at Ski Dubai, December 8 and 9, 2017

Dubai Police and Ski Dubai to Host First Ever UAE National Ski and Snowboard Championships

Dubai, United Arab Emirates, 2017-Dec-08 — /EPR Retail News/ — Under the patronage of Dubai Police and the Community Sport initiative of H.H Sheikh Hamdan Bin Mohammed Bin Rashid Al-Maktoum, Crown Prince of Dubai – Chairman of the Executive Council for Dubai Government and Chairman of the Dubai Sports Council, Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, is organising the first-ever UAE National Ski and Snowboard Championships at Ski Dubai. The championships are also supported by the UAE National Olympics Committee and UAE Ice Sports Federation and Dubai Sports Council and will be held on December 8 and 9, 2017.

The National Championships are organised as part of Ski Dubai’s on-going efforts to promote snow sports in the country, and fulfil one of the key requirements laid out by International Ski and Snowboard Federation (FIS) for membership. Once the UAE receives membership to FIS, snow sports athletes from the country will be allowed to compete internationally for the first time.

This is exciting news for snow sports athletes and enthusiasts in the UAE, who will no longer be restricted to local and regional events and can now aspire to make a mark on an international stage. The UAE National Ski and Snowboard Championships herald a new era for snow sports in the country, which continues to go from strength to strength since the inception of Ski Dubai.

The championships, which are divided into four snow sports disciplines, will see more than 200 top athletes from the UAE, many of whom have honed their skills on the slopes of Ski Dubai, battle it out for the title honours. The first day will witness the UAE Alpine Ski Championships with athletes participating in the fiercely competitive Alpine speed disciplines of Slalom Skiing and Giant Slalom. The second day will feature the UAE Freestyle Ski and Snowboard Championships under two freestyle disciplines: Slopestyle and Big Air. The competitions will be adjudicated by a panel of four distinguished international judges, headed up by World Cup judge Martin Carr. Other renowned international guests and judges on the panel include: Gorgio Rocca, winner of 11 World Cup races in Alpine skiing and four times Olympic Champion, Halldór Helgason, winner of 2010 X-Games in Snowboard Big Air discipline and Sparrow Knox, the up and coming British Snowboarder.

Over the past decade, Ski Dubai has been committed to creating and supporting local talent and has helped lead the way in building and growing snow sports in the UAE. From organising regular freestyle nights and races at its state-of-the-art facilities, to mentoring, coaching and encouraging young athletes to develop their skills to an international standard, years of continued work by Ski Dubai and its partners has now come to fruition in the shape of the first-ever UAE National Ski and Snowboard Championships.

Commenting on the championships, Ahmed Galal Ismail – CEO at Majid Al Futtaim Ventures said: “We are proud to host the inaugural UAE National Ski and Snowboard Championships at Ski Dubai. We are committed to fostering snow sports talent in the country and our goal is to make the UAE and Ski Dubai an international destination for the sport. With approximately one million visitors per year, which is on par with the international benchmark for major ski resorts, Ski Dubai is poised to become one of the major global destinations for Ski and Snowboard Championships. It is immensely fulfilling to see world-class athletes, many of whom have learned and refined their craft at Ski Dubai, creating great moments as they take part in this prestigious event.”

Colonel Khaled Ali Shahil, General Director of the Community Happiness Department at Dubai Police added: “We support every activity that is aimed at bettering the lives of citizens and residents of the UAE. The UAE National Ski and Snowboard Championships are opening new avenues to promote snow sports in the country and develop home-grown talent in the field. This will eventually lead to the formation of the UAE National Ski and Snowboarding team, which is a matter of great pride for the nation and will bolster the country’s stature on the international snow sports stage.”

Dubai Police in association with the Dubai Positive Soul initiative and the Dubai Sports Council, along with the UAE Olympics Committee, are providing valuable logistical and strategic support for the first UAE National Ski and Snowboard Championship event. Dubai Police are Ski Dubai’s esteemed partner, and have played an integral part in the pre-planning of the Championships. As part of this they have generated a huge amount of support for this event, engaging a number of sponsors including ENOC, Aqdar, Sheraton, Empower, Emirat, Emirates NBD, Dutco and Capriole. In addition, Ski Dubai would also like to thank their sponsors including; ZSI Trading, Rosinol and Spyder, as well as and Burton who are proud partners and sponsors of the Ski Dubai Alpine and Freestyle team.

Commenting on the championships, HE Saeed Mohammed Hareb, Secretary General of Dubai Sports Council said: “H.H Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai – Chairman of the Executive Council – Chairman of the Dubai Sports Council has launched several initiatives to promote an active lifestyle among the residents of the UAE, and Ski Dubai’s launch of the National Championships is in line with that vision. The UAE National Ski and Snowboard Championships, will boost the awareness of snow sports in the country and attract new people to the sport, whilst globally showcasing the talented athletes to emerge from the UAE.”

Ski Dubai recently announced the launch of its Sponsored Athletes team with an impressive roster of experienced coaches, who will guide the athletes over the coming years. The line-up includes: Mohamed Moulay, a former Moroccan National Ski Team member and experienced race coach, James Machon, a former Great Britain Olympic Freestyle skier and Mike Barker, whose experience includes five years as a coach of the British Children’s team. The entire project is headed up by Chris David, Snow Sports Operations Manager at Ski Dubai. Chris is a former GBR athlete and was Head Freestyle Moguls Ski Coach for Great Britain.

Media Contact:

Carine Arif
Weber Shandwick
04 445 4222
MAFLeisure@webershandwick.com

Source: Majid Al Futtaim

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Posted on December 7, 2017 by Retail News Editor

Majid Al Futtaim and Kempinski Hotel Mall of the Emirates to host ‘Annual Stollen Charity Cake Sale’ on Friday 8 December

: Majid Al Futtaim and Kempinski Hotel Mall of the Emirates to host ‘Annual Stollen Charity Cake Sale’ on Friday 8 December

Mall of the Emirates and Kempinski Hotel Mall of the Emirates ring in the festive season with the UAE’s largest charity cake sale

Dubai, United Arab Emirates, 2017-Dec-08 — /EPR Retail News/ — Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia – has announced the return of the ‘Annual Stollen Charity Cake Sale’ at Mall of the Emirates in partnership with Kempinski Hotel Mall of the Emirates on Friday 8 December.

Now in its 12th year, the highly anticipated festive family event is set to be bigger and better than ever and takes place in the mall’s Central Galleria from 10am onwards, with the goal of selling a record amount of the festive German Cake. All proceeds from the sale will go to the Emirates Red Crescent and will be used to provide essential support promoting humanitarian work on both domestic and international levels.

Under the leadership of Sudqi Naddaf, Executive Chef at Kempinski Hotel Mall of the Emirates, a team of 30 chefs will spend weeks preparing and baking around the clock to create the largest string of stollen made to-date. With the help of over 50 volunteer team members, the Annual Stollen Charity Cake Sale is set to be a huge success once again.

By the day of the sale, they will have used more than 2,210 eggs, 600 kilograms of flour, 278 kilograms of raisins and 55 kilograms of marzipan to create this mouth-watering delicacy. Moreover, 120 kilograms of lemons and 131 kilograms of oranges will be zested, giving a burst of citrus flavor.

The sixty-centimetre-long stollen loaves can be bought whole for AED100 or just AED5 for a delicious slice. Pre-sales will start from 7 December at Aspen by Kempinski, the hotel’s luxury lobby lounge.

Mohammad Abdullah Al Haj Al Zarouni, manager of Emirates Red Crescent said, “In this ‘Year of Giving’, we pledge continuous assistance and thank Mall of the Emirates and Kempinski Hotel Mall of the Emirates for their continuous support towards Emirates Red Crescent’s projects, particularly in the field for Special Needs and will be used to provide essential education and therapy, as well as assisting parents with annual fees. Through this charitable initiative, we can raise awareness about the condition and provide moral and monetary support to Special Needs.”

Hussain Moosa, Director for Mall of the Emirates at Majid Al Futtaim – Properties said, “We are delighted to once again provide a platform for community initiatives with our partners and the talented team of chefs at Kempinski Hotel Mall of the Emirates to deliver one of the most anticipated festive events of the year. Mall of the Emirates’ #bakeasmile campaign is a wonderful way to kick off the festive season with great moments, and for people to give back to the community. This event is a highlight on our yearly calendar and we would like to thank our colleagues who volunteer their time to assist selling every last slice of cake.

Each year we set a new challenge to raise more for charity than ever before, and in this ‘Year of Giving’ we hope to achieve a fundraising record to support the Emirates Red Crescent. We applaud the Emirates Red Crescent for their continuous efforts and look forward to gifting a healthy sum towards their humanitarian work.”

Slim Zaiane, General Manager of Kempinski Hotel Mall of the Emirates, said: “The annual Stollen Charity Cake Sale is a great way for us to mark the festive season, with special thanks going to Executive Chef Sudqi Naddaf and his amazing team for all the passion and energy they have put into making this event a success, and to our many colleagues who will be volunteering on 8 December to help sell a record amount of cake in support of the amazing work done by Emirates Red Crescent on both domestic and international levels.

“While we may be coming towards the end of the Year of Giving, this past 12 months has been incredibly inspiring, and we are delighted that the annual Stollen Charity Cake Sale will also be the launchpad for #KempinskiKares, a new initiative created to support our continued efforts to do more for good causes in our local community.”

For more information, please visit: www.malloftheemirates.com, www.facebook.com/MallOfTheEmirates, or www.instagram.com/malloftheemirates.

www.kempinski.com/dubai or www.facebook.com/ kempinskihotelmalloftheemirates

Media Contact:

Wallis PR
mafp@wallispr.com

Source: Majid Al Futtaim

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