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Lulu Group International inaugurates its food processing and logistics bases in USA

Abu Dhabi, UAE, 2016-Nov-07 — /EPR Retail News/ — Lyndhurst, New Jersey: Lulu Group International, the Abu Dhabi headquartered retail and hospitality group further expanded their operations by inaugurating their food processing and logistics bases in USA. Y International, a wholly owned subsidiary of the group launched its operation in Lyndhurst, New Jersey this morning (11/05/2016). The world…

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LuLu Group International announces plan to develop malls in Umm Al Quwain, Sharjah and Dubai

Abu Dhabi, UAE, 2016-Nov-07 — /EPR Retail News/ — LuLu Group International has announced its biggest ever investment in the UAE with a 2 billion Dh plan to develop three malls in Umm Al Quwain, Sharjah and Dubai in the next two years. The mall development and management division of LuLu Group, Line Investments & Property…

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British Land announces Next and M&S Foodhall at Serpentine Green, Peterborough extension

British Land announces Next and M&S Foodhall at Serpentine Green, Peterborough extension   London, 2016-Nov-02 — /EPR Retail News/ — British Land is pleased to announce two lettings at Serpentine Green, Peterborough totalling 22,000 sq ft as part of a £7 million extension that commenced this month. The extension will deliver three new units totalling 25,000 sq ft…

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CityOn.Zhengzhou shopping center: Taubman Asia announces its second China project to open in March 16, 2017

CityOn.Zhengzhou to bring a fresh, contemporary shopping experience to Central China Zhengzhou, 2016-Nov-02 — /EPR Retail News/ —Taubman Asia, a subsidiary of Taubman Centers, Inc. (NYSE: TCO) and Wangfujing Group Co., Ltd (Shanghai Stock Exchange: 600859), today announced a strong collection of contemporary retailers set to open at CityOn.Zhengzhou in Henan province, Central China. When it opens…

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PREIT brings fashion retailer Zara to Cherry Hill Mall, Philadelphia

PHILADELPHIA, 2016-Nov-02 — /EPR Retail News/ — PREIT (NYSE: PEI) today (Nov. 1, 2016) announced a newly executed lease with Zara, one of the largest international fashion retailers, at Cherry Hill Mall. This is a first-to-portfolio retailer for PREIT and Zara's first location in suburban Philadelphia. Zara will occupy approximately 26,000 square feet of space between…

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Shopping centre Iso Omena to build the largest solar power plant realised in a Finnish retail property

Shopping centre Iso Omena to build the largest solar power plant realised in a Finnish retail property   Helsinki,  Finland, 2016-Oct-31 — /EPR Retail News/ — Shopping centre Iso Omena plans to build a large solar power system. When complete, this will be the largest solar power plant realised in a Finnish retail property. To be installed on…

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Taubman Centers, Inc. replies to Land & Buildings Investment Management, LLC

BLOOMFIELD HILLS, Mich., 2016-Oct-21 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today issued the following statement in response to the materials issued by Land & Buildings Investment Management, LLC: Taubman Centers values the strong relationships we have with our shareholders and welcomes open and constructive dialogue toward the goal of enhancing long-term value. The…

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ICSC Global Awards for 2016 honored SM Supermalls with four major awards

ICSC Global Awards for 2016 honored SM Supermalls with four major awards   Pasay City, Philippines, 2016-Oct-13 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) awarded SM Supermalls with four major awards – one Gold, three Silvers, and one Certificate of Merit from the ICSC Foundation – under different categories from the prestigious International…

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Carrefour teams up with three new app partner start-ups to do away with queueing at the checkouts

Boulogne-Billancourt, FRANCE, 2016-Oct-08 — /EPR Retail News/ — Carrefour is revolutionising the checkout experience. This innovative service developed in partnership with a selection of partner start-up companies is designed to do away with queueing at the checkouts with the help of 3 smartphone apps. The aim is to improve the customer experience and get people moving…

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Carrefour’s first hackathon: leveraging data to enhance the customer experience

Boulogne-Billancourt, FRANCE, 2016-Oct-04 — /EPR Retail News/ — The idea behind it was to come up with new solutions for enhancing the customer experience and leverage data to predict new trends. The teams selected get to join an incubator for 10 weeks and are given the opportunity to transform their prototypes into tangible concepts. Data professionals from…

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Lenta announces the opening of its tenth and eleventh hypermarket in Moscow

St. Petersburg, Russia, 2016-Oct-04 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its tenth and eleventh hypermarkets in Moscow. The larger new store is a Lenta compact hypermarket format located at 111 A Borisovo, Serpukhov district. The store has a total…

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Entirely redesigned City store on Avenue de Malakoff reopens

Entirely redesigned City store on Avenue de Malakoff reopens   Paris, 2016-Oct-03 — /EPR Retail News/ — The City store on Avenue de Malakoff (Paris, 16th arrondissement) reopened its doors on 31 August. This urban, friendly store, firmly rooted in its local environment, has been entirely redesigned, offering consumers practical and digital services. A new updated and welcoming…

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Carrefour Property announces the opening of FAN Mallorca Shopping center in the Balearic Islands

Carrefour Property announces the opening of FAN Mallorca Shopping center in the Balearic Islands   Spain, 2016-Sep-30 — /EPR Retail News/ — The biggest commercial and leisure offer in the Balearic Islands. FAN Mallorca Shopping is  a new open air shopping center in Mallorca and aims to become the reference leisure, shopping and catering complex of the Balearic Islands,…

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SM Supermalls wins Brand of the Year Award, National Tier 2016-2017 at the World Branding Awards ceremonies in London

SM Supermalls wins Brand of the Year Award, National Tier 2016-2017 at the World Branding Awards ceremonies in London   Pasay City, Philippines, 2016-Sep-23 — /EPR Retail News/ — Another Filipino brand has made it to the global stage. This year, SM Supermalls was given the prestigious Brand of the Year Award under the National Tier 2016-2017, during…

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CAPREF to give face lift to Burbank Town Center

Dallas, TX, 2016-Sep-20 — /EPR Retail News/ — The owner of the Burbank Town Center has been making minor renovations to the interior of the retail center to revitalize the facility, but soon CAPREF Manager LLC will be giving it a face-lift on its Magnolia Boulevard side. The Burbank City Council unanimously approved on Tuesday use of…

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PREIT announces the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA

PREIT announces the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA   PHILADELPHIA, 2016-Sep-16 — /EPR Retail News/ — PREIT (NYSE: PEI) today (Sept. 15, 2016) announced the grand opening of Saks Fifth Avenue OFF 5TH at Springfield Town Center in Springfield, VA. The luxury-value retailer occupies 30,000 square feet…

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Ping Jian store: Carrefour Taiwan opened its 88th store in Taoyuan county

http://www.carrefour.com/sites/default/files/pingjianstore.mp4   Taiwan, 2016-Sep-15 — /EPR Retail News/ — On Sep 3rd , Carrefour Taiwan opened its 88th store : Ping Jian store in Taoyuan county. The store is especially designed with the integration of 3 dimensions: eco-friendly, digital application and customer experience. Many new concepts were implemented to create a unique shopping experience. Ping Jian store is a…

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Taubman Asia and Shinsegae Group opens Starfield Hanam shopping center in Hanam, Gyeonggi Province, South Korea

SEOUL, South Korea, 2016-Sep-10 — /EPR Retail News/ —  Excited crowds gathered for the grand opening of Starfield Hanam shopping center today (09/09/2016) in Hanam, Gyeonggi Province, South Korea. Developed by Taubman Asia and Shinsegae Group, the center was opened after a ceremonial ribbon cutting featuring Taubman Centers, Inc. Chairman, President and CEO Robert S.…

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PHILIPPINES: SM reached out to more local investors during its retail investor seminar

PHILIPPINES: SM reached out to more local investors during its retail investor seminar   Pasay City, Philippines, 2016-Sep-10 — /EPR Retail News/ — SM Investments Corporation (SM) reached out to more local investors as it underscored Philippine corporate growth. SM, with subsidiaries SM Prime Holdings and BDO Unibank, recently concluded retail investor seminar in partnership with CitisecOnline.com in Cebu,…

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Carrefour opens its 30th hypermarket in Romania at the brand-new Park Lake shopping centre in Bucharest

http://www.carrefour.com/sites/default/files/marea_deschidere_-_carrefour_park_lake.mp4   Romania, 2016-Sep-06 — /EPR Retail News/ — Located in the brand-new Park Lake shopping centre right in the centre of Bucharest, the hypermarket offers customers an innovative shopping experience in a modern environment, a wide range of services and a broad selection of products. This is Bucharest's 11th Carrefour hypermarket and the 30th in the country as…

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Macerich celebrates the opening of the expansion and major redevelopment of Broadway Plaza in Walnut Creek, California

SANTA MONICA, Calif., 2016-Sep-02 — /EPR Retail News/ — Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top markets, today (Sept. 1, 2016) celebrates the official opening of the expansion and major redevelopment of Broadway Plaza in Walnut Creek, Calif. The iconic open-air retail center, anchored by Nordstrom,…

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Lenta announces the opening of its fifth and sixth hypermarkets in Omsk, Russia

St-Petersburg, Russia, 2016-Aug-31 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fifth and sixth hypermarkets in Omsk. Each new store is a Lenta compact format hypermarket. The larger new store is located at 33 Lukashevicha str., Omsk and has a…

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Lenta announces the opening of its new hypermarket at Okhta Mall shopping center in St. Petersburg

St. Petersburg, Russia, 2016-Aug-31 — /EPR Retail News/ — One of the largest retail chains in Russia, is pleased to announce the opening of its twenty second hypermarket in St. Petersburg. The new store is a Lenta compact format hypermarket located at 11 Magnitogorskaya str., St. Petersburg, at the Okhta Mall shopping center. The store has…

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LuLu Group further expands in the eastern region of UAE with the opening its 128th hypermarket in Al Ain

LuLu Group further expands in the eastern region of UAE with the opening its 128th hypermarket in Al Ain   Al Ain, UAE, 2016-Aug-31 — /EPR Retail News/ — Al Ain : LuLu Group has further expanded its presence in the eastern region of the UAE by opening its latest hypermarket in the garden city of Al Ain. The…

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Bassett Place completes construction of its new food court; announces new eateries

Bassett Place completes construction of its new food court; announces new eateries   Dallas, TX, 2016-Aug-29 — /EPR Retail News/ — Bassett Place has completed construction of its new food court, officials with the East Central mall announced Tuesday. Chinese Gourmet Express opened March 8; Sansei Japan, featuring traditional Japanese teriyaki and teppanyaki dishes, opened March 1; and returning food court…

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Cypress Equities completes the acquisition of retail center in Covington, La. — Covington Nord du Lac

Cypress Equities completes the acquisition of retail center in Covington, La. — Covington Nord du Lac   Dallas, TX, 2016-Aug-29 — /EPR Retail News/ — Cypress Equities  announced today (August 16, 2016) that it has closed on the acquisition of Covington Nord du Lac, a retail center in Covington, La. The project is comprised of 214,000 square feet of…

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Philippines: SM Investments to expand in Visayas and Mindanao

Cebu, Cagayan de Oro, Davao, Philippines, 2016-Aug-28 — /EPR Retail News/ — SM Investments Corporation (SM), one of the largest conglomerates in the Philippines, is committed to expand outside of Metro Manila where huge potential for growth is apparent. In particular, Visayas and Mindanao contributed 26.9% to total Gross Domestic Product (GDP) in 2014 based on most…

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PREIT completes sale of Washington Crown Center in Washington, PA for $20 million

PHILADELPHIA, 2016-Aug-18 — /EPR Retail News/ — PREIT (NYSE: PEI) announced it has completed the sale of Washington Crown Center in Washington, PA.  The property was sold for $20.0 million. "We remain committed to crafting a strong portfolio of assets that are well-positioned for the future," said Joseph F. Coradino, CEO of PREIT. "This commitment has been…

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PHILIPPINES: SM Megamall announces exciting new expansion beside the recently launched Mega Fashion Hall — a 50-storey office tower

PHILIPPINES: SM Megamall announces exciting new expansion beside the recently launched Mega Fashion Hall — a 50-storey office tower Pasay City, Philippines, 2016-Aug-17 — /EPR Retail News/ — SM Megamall is still at the heart of a mall revolution even after 25 years since opening its doors to the public. As the third mall of retail pioneer…

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Philippines: SM Prime Holdings registered 12% growth in its core net income during first half of 2016

Pasay City, Philippines, 2016-Aug-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP 12.6 billion from PHP 11.2 billion. This was supported by a 9% increase in consolidated revenues to PHP 39.2 billion from PHP 35.9 billion…

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