WASHINGTON, 2015-4-13 — /EPR Retail News/ — Today the National Retail Federation announced a multimillion-dollar investment to form a new department within the organization focusing on industry research. The Retail Research and Analysis Center will bring together all existing research within NRF and expand upon the wide range of issue areas and trends already studied.…
Management
Lowe’s enhances companywide improvement efforts and expands reporting to align with GRI
MOORESVILLE, N.C., 2015-4-13 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced the release of its 2014 Corporate Social Responsibility (CSR) Report, providing an expanded and enhanced review of Lowe’s sustainability objectives and the company’s progress during the past year. The 2014…
LONDON, 2015-4-13 — /EPR Retail News/ — Marks and Spencer Group plc (“M&S”) today announces the appointment of Richard Solomons to its Board as a Non-Executive Director. He will take up his appointment on 13 April 2015 and will also join the Nomination Committee at that time.
Richard is currently Chief Executive Officer of InterContinental Hotels…
Conshohocken, PA, 2015-4-13 — /EPR Retail News/ — UNHCR, the UN refugee agency, thanks IKEA customers and co-workers for supporting ‘Brighter Lives for Refugees’, a global cause-related campaign that raised $11.6 million* for refugees this year. In just the US, IKEA raised over $1 million and sold 1,031,275 LEDARE bulbs. The campaign ran in IKEA stores…
Samara, 2015-4-13 — /EPR Retail News/ — X5 Retail Group (‘X5’ or the ‘Company’), a leading Russian food retailer, announced today that the Company has completed the successful integration of 103 Pokupochka stores, in the Samara Region, into the store base of Pyaterochka, the Company’s proximity store format.
X5 acquired the stores in October 2014 and the…
Amsterdam, 2015-4-13 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), announces that the Standard and Poor’s rating agency upgraded the Company's credit rating from "В+" to "ВB-" with a stable outlook. In the report, S&P noted considerable improvements in the Company's 2014 operating…
Casper Meijer is to step down as Group Trading Director at Morrisons with immediate effect.
Bradford, England, 2015-4-13 — /EPR Retail News/ — Casper's family remain in The Netherlands and he has decided not to commit to living a fuller part of his life in Britain.
The external search for his successor will commence immediately.
Casper was appointed to…
Office Vacancy Continues to Decline
Industrial and Apartment Demand Strong
Los Angeles, 2015-4-13 — /EPR Retail News/ — The U.S. commercial real estate market showed continued strength across all property types in the first quarter of 2015 (Q1 2015), according to the latest analysis from CBRE Group, Inc.
The office vacancy rate* declined by 10 basis…
LONDON, 2015-4-9 — /EPR Retail News/ — Overall shop prices reported deflation for the 23rd consecutive month, accelerating to 2.1% in March, from 1.7% in February.
Food reported annual deflation of 0.9% in March from a 0.4% fall in February.
On a 12-month average basis, the Shop Price Index reported deflation of 1.7%.
Non-food deflation accelerated to 2.8%…
WASHINGTON, 2015-4-9 — /EPR Retail News/ — Import cargo volume at the nation’s major retail container ports is expected to rise 8 percent this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed, according to…
18th Annual Competition Acknowledges Exceptional Cart, Kiosk, and Temporary In-line Retailers
NEW YORK, 2015-4-9 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) Specialty Retail Report has announced the winners of the prestigious 2015 Visual Victories Awards, recognizing the specialty retail industry’s leading visual merchandisers, retailers, and specialty leasing agents.
The 18th annual awards competition,…
Moscow, 2015-4-9 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a cooperation agreement (the ‘Agreement’) between Pyaterochka, the Company’s proximity store chain, and the Moscow Regional Union of Consumer Societies (‘MSPK’). According to the Agreement, Pyaterochka and MSPK…
Young entrepreneur and recent ‘Shark Tank’ contestant receives low-interest loan from national grocer
AUSTIN, Texas, 2015-4-9 — /EPR Retail News/ — Whole Foods Market is partnering with Austin-based BeeSweet Lemonade, founded by 10-year-old Mikaila Ulmer, as the newest recipient of a low-interest loan through the company’s Local Producer Loan Program. Ulmer’s high-quality lemonade, made with mint,…
• Fourth Quarter Net Income of $1.835 Billion and Net Income per Diluted Share of $1.79, Compared to the Prior Year's Fourth Quarter Net Income of $55.4 Million and Net Income per Diluted Share of $0.06
• Full Year Net Income of $2.109 Billion and Net Income per Diluted Share of $2.08, Compared to the Prior…
Company boasts more products with the Seal than any other retailer
PLANO, TX, 2015-4-9 — /EPR Retail News/ — Since 2014, more than 75 JCPenney home products have earned the prestigious Good Housekeeping Seal, the most of any other retailer. From curtains to bedding to cookware and small electrics, the Seal can be found in over a dozen…
Paderborn, Germany, 2015-4-9 — /EPR Retail News/ — At Apps World Germany, mobile developers will get together at the so-called Hackfest to create new apps for Wincor Nixdorf's "Albert", the world's first portable, multifunctional and interactive touchscreen payment device. The Hackfest premieres on April 22-23 at the CityCube, Berlin to challenge teams of mobile developers and…
PARIS, 2015-4-9 — /EPR Retail News/ — Klépierre announces that it successfully issued today a 8-year, 750 million euro bond maturing April 17, 2023. The bond was priced at a 65 bps margin above the swap rate which translates into a coupon of 1.0%. Oversubscribed 4.5 times, the notes were quickly placed after launch with…
Los Angeles, 2015-4-9 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has been rated one of “America’s Best Employers” by Forbes magazine. CBRE was the top rated real estate firm and ranked 71st overall on the list of 500 employers.
Forbes, in partnership with Statista.com, surveyed 20,000 American employees working for companies and…
Los Angeles, CA, 2015-4-9 — /EPR Retail News/ — CBRE Group, Inc., through its corporate philanthropy program, CBRE Cares, will partner with national housing nonprofit Rebuilding Together to provide renovations to the General Robert E. Wood Boys & Girls Club in Chicago during its annual Women’s Networking Forum.
On Monday, April 20, 2015, 250 CBRE Women’s Network members…
MANCHESTER, 2015-4-9 — /EPR Retail News/ — Final results for Co-operative Group Limited for the 52 weeks ended 3 January 2015
Financial Highlights*:
Group revenue of £9.4bn (2013: £9.7bn)
Core Food convenience business delivers like-for-like sales increase of 3.2%, with like-for-like sales up 0.4% overall for the Food business
Group underlying operating profit** £172m (2013: £177m), reflecting robust performances…
MANCHESTER, 2015-4-9 — /EPR Retail News/ — The Co-operative Food has launched a “Swipe and Win” loyalty promotion in which Co-operative members could share in almost two million prizes during April.
Between 8 – 29 April customers of The Co-operative Food – which operates a store in every postal area - who present their Membership card at the…
Stop & Shop has raised nearly $57 million for pediatric cancer research and care at Dana-Farber Cancer Institute
Quincy, MA, 2015-4-9 — /EPR Retail News/ — Stop & Shop continues its partnership with Dana-Farber Cancer Institute and The Boston Red Sox with the 25th anniversary of its Triple Winner Game to help cure childhood cancer. The organizations are…
Matthews, N.C., 2015-4-9 — /EPR Retail News/ — After careful consideration and strategic market review, Harris Teeter announced today that it will close its four Nashville-area stores and sell three of them to Kroger Nashville Division.
The Harris Teeter stores included in the sale are:
Hillsboro Village located at 2201 21st Ave S in Nashville, Tenn.
Peartree Village located…
Sales of One Step Russet Potatoes provide grants for 130 community gardens.
WEST DES MOINES, Iowa, 2015-4-8 — /EPR Retail News/ — Hy-Vee, Inc. has awarded 130 One Step Garden Grants totaling $52,000 to community organizations and Hy-Vee stores this spring as part of the Hy-Vee One Step program.
The $400 grants will be used to purchase seeds, plants,…
2015 Energy Star® Partner Of The Year-Sustained Excellence
Top Service Firm In “Certification Nation” Promotion
Los Angeles, CA, 2015-4-8 — /EPR Retail News/ — The U.S. Environmental Protection Agency (EPA) has awarded CBRE Group, Inc. (NYSE:CBG) a 2015 ENERGY STAR® Partner of the Year - Sustained Excellence Award in recognition of its continued leadership in protecting the environment…
HOUSTON, 2015-4-8 — /EPR Retail News/ — Store opens April 8 in Houston
WHAT: Whole Foods Market’s Voss store in Houston will open Wednesday, April 8, following a 7:30 a.m. bread-breaking ceremony and remarks from company and community officials.
In celebration of its grand opening, the store will hold tastings and special sales, and will offer live…
LEADING COFFEE AND BAKERY CHAIN SEEKS FRANCHISEE CANDIDATES IN CHAMPAIGN, PEORIA AND QUINCY
CANTON, MA, 2015-4-8 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of multi-unit store development agreements with two existing franchise groups to develop seven restaurants in Illinois over the next several years.
The two…
CHATTANOOGA, Tenn., 2015-4-7 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) today announced the addition of Monique Berke as Vice President – Business Transformation. Berke will be responsible for overseeing project teams and implementation of the Company’s business and technology initiatives.
“We are pleased to welcome Monique to the CBL team,” said Mike…
Continuing Its Long-term Commitment to Provide Pathways to Opportunity for Young People, Starbucks Makes a Donation from Each Cup of Teavana® Oprah Chai to Benefit Youth Organizations Including Girls Inc., National CARES Mentoring Movement, Pathways to College and U.S. Dream Academy
With the Purchase of Every Teavana® Oprah Cinnamon Chai Latte, April 9-11 from 2-5…
The expanded Starbucks College Achievement Plan will be offered to more than 140,000 full-time and part-time partners (employees) and will also provide a remarkable additional benefit to the 10,000 Opportunity Youth Starbucks has committed to hire
Full tuition coverage is now available for all four years of college with access to 49 online degree programs,…