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Management

Auchan expresses its total disagreement with Hungarian Competition Office’s EUR 3.5 million fine

The Hungarian Competition Office (GVH) fined Auchan Hungary nearly €3.5 million for abuse of its market position. An accusation that strongly denies the firm. Budapest, Hungary, 2015-3-26 — /EPR Retail News/ — Auchan Hungary was informed on March, 23 of the Hungarian Competition Office (GVH) to be fined HUF1.061 billion (i.e. nearly €3.5 million). "Auchan expresses its total disagreement with the arguments used by this Office…

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Best Buy teams up with youth science and technology education nonprofit FIRST to help low-income teens around US compete in robotics competitions

Richfield, MN, 2015-3-26 — /EPR Retail News/ — Best Buy was among the contributors named by the White House yesterday committing to a $240 million effort to prepare students to excel in the fields of science and technology. Best Buy is teaming up with FIRST, a youth science and technology education nonprofit, to  help low-income teens around…

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The Co-operative Food and their Hereford beef supplier, Dunbia honoured with Supply Chain Excellence Award at the biannual Northern Ireland Food and Drinks Awards (NIFDA) 2015

MANCHESTER, UK, 2015-3-26 — /EPR Retail News/ — The Co-operative Food and their premium Hereford beef supplier, Dunbia have picked up the Supply Chain Excellence Award at the prestigious, biannual Northern Ireland Food and Drinks Awards (NIFDA) 2015. Dunbia supplies all of The Co-operative Food’s own-brand premium “Truly Irresistible” fresh beef, which is all British, as part…

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The Dairy Farm Company acquired the Macau-based supermarket operator, San Miu Supermarket Limited

HONG KONG, 2015-3-26 — /EPR Retail News/ — Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, had acquired the Macau-based supermarket operator, San Miu Supermarket Limited. San Miu operates 15 mass-market supermarkets with an average gross store size of approximately 9,500 sq. ft. The acquisition of San Miu…

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Donation: Harris Teeter presented eight Charlotte, NC schools each with a $5,000 check, for a total of $40,000

Part of Company’s $100K Donation toward Youth Wellness Programming Matthews, NC, 2015-3-26 — /EPR Retail News/ — Monday, March 23, 2015, Store Director Bob Ramsey presented eight local schools each with a $5,000 check, for a total of $40,000, to support Harris Teeter’s commitment to both youth wellness and education.  All eight organizations are within the Charlotte-Mecklenburg school…

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Kingfisher issues statement regarding Kingfisher’s potential acquisition of Mr Bricolage

LONDON, 2015-3-26 — /EPR Retail News/ — Kingfisher notes the suspension of the shares of Mr Bricolage on the French stock exchange. Kingfisher has been working with the Board and major shareholders of Mr Bricolage in relation to the outstanding condition surrounding Kingfisher's potential acquisition of Mr Bricolage.  Kingfisher has been made aware that both the majority…

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H&M group’s sales incl. VAT increased by 15 percent during the first quarter (1 December 2014 – 28 February 2015)

STOCKHOLM, SWEDEN, 2015-3-25 — /EPR Retail News/ — First quarter (1 December 2014 — 28 February 2015) Well-received collections for all brands in the H&M group resulted in good sales and increased market share. The H&M group’s sales including VAT increased in local currencies by 15 percent during the first quarter. Converted into SEK, sales excluding VAT…

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M&S calls on customers to join its employees, the Marine Conservation Society (MCS) and the Canal & River Trust to help clear litter from Britain’s beaches and canals

2015 Big Beach Clean-up to clear litter from 135 beaches and canals 8,000 M&S customers and employees to take par MCS survey shows litter on Britain’s beaches increased 6.4% last year LONDON, 2015-3-25 — /EPR Retail News/ — Marks & Spencer (M&S) is today calling on customers to join its team of employees, the Marine Conservation Society (MCS)…

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Equity One, Inc. calls for redemption all of its 5.375% senior notes due October 2015 in an aggregate outstanding principal amount of $107.5 million

New York, NY, 2015-3-25 — /EPR Retail News/ — Equity One, Inc. (NYSE: EQY), an owner, developer, and operator of shopping centers, announced today that it is calling for redemption all of its 5.375% senior notes due October 2015 (the “5.375% Notes”), in an aggregate outstanding principal amount of $107.5 million, with a redemption date of…

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Starbucks York plant in Pennsylvania achieved its target of being a “100% Landfill Diversion” facility

SEATTLE, 2015-3-25 — /EPR Retail News/ — One of the largest coffee roasting plants in the world has achieved its target of being a “100% Landfill Diversion” facility, due to Starbucks partners (employees) who led the effort. The accomplishment, certified by Underwriters Laboratories, means that all of the waste produced on site is either recycled…

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Carrefour and TrialPanel staged the second “Preferred by Consumers” Awards

Boulogne-Billancourt, France, 2015-3-25 — /EPR Retail News/ — On 18 March 2015, Carrefour and TrialPanel staged the second "Preferred by Consumers" Awards. These are prizes that are awarded to products that are given the highest ratings by the consumer community active in the MonAvisLeRendGratuit.com forum that was launched by Carrefour in 2013. A product in stores for…

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Celerant Command Retail Lands “Five-Star” Rating By CPA Advisor POS Review

Staten Island, NY, 2015-3-24 — /EPR Retail News/ — CPA Practice Advisor has conducted its 2015 review of Command Retail, and the result is a full five out of five star rating, noting its excellent system customization, E-Commerce integration, and managing multiple locations and warehouses. Command Retail scored highly across each category, including Basic System Functions,…

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NACS published new Public Relations Toolkit to help retailers launch their own publicity efforts in their communities

​ALEXANDRIA, VA, 2015-3-24 — /EPR Retail News/ — NACS has published a new Public Relations Toolkit to help retailers launch their own publicity efforts in their communities — from how to write a press release and craft talking points to how to pitch an interview and elicit great media coverage. The 24-page NACS Public Relations Toolkit includes overviews,…

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Kimco Realty Corp. announces its public offering of $350 million notes due 2045

NEW HYDE PARK, N.Y., 2015-3-24 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced its public offering of $350 million notes due 2045 at a coupon of 4.25% per annum with an effective yield of 4.313%, maturing April 1, 2045. The company intends to use the net proceeds of approximately $342.7 million…

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Haggen partners with National Multiple Sclerosis Society, Greater Northwest Chapter, as a sponsor of the annual Walk MS fundraiser for the 18th consecutive year

As presenting sponsor, Washington grocery chain is the event’s largest supporter in the state BELLINGHAM, Wash.,2015-3-24 — /EPR Retail News/ — Haggen, Inc. has announced its partnership with the National Multiple Sclerosis Society, Greater Northwest Chapter, as a sponsor of the nonprofit’s annual Walk MS fundraiser for the 18th consecutive year. This year also marks Haggen’s seventh…

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ICSC partners with shopper location analytics company Path Intelligence

Path Aims to Optimize Shopping Centers by Combining Big Data and Shopper Location Analytics NEW YORK, 2015-3-24 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) has signed a global sponsorship agreement with shopper location analytics company Path Intelligence. This exciting agreement fuses ICSC’s established and extensive network and resources with Path Intelligence’s innovative…

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Mexican flavors are on the rise: ‘Tastes of Mexico’ at Wegmans, March 18 through May 9, 2015

ROCHESTER, NY, 2015-3-24 — /EPR Retail News/ — Mexican flavors have gone mainstream. Mexican foods outsell hot dogs at American supermarkets, Supermarket Newsfigures show, [source: Supermarket News August 4 2014 edition, Supermarket Categories by dollar sales] and ABC News notes that Mexican restaurants now outnumber Chinese kitchens or Italian bistros. But there’s a lot more to Mexican cuisine than…

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Recall: Wegmans Organic Food You Feel Good About Just Picked Frozen Spinach, 12 oz. due to possible contamination with Listeria monocytogenes

ROCHESTER, NY, 2015-3-24 — /EPR Retail News/ — Wegmans Food Markets, Inc. is recalling approximately 12,540 packages of Wegmans Organic Food You Feel Good About Just Picked Frozen Spinach, 12 oz. (UPC 77890-32932) due to possible contamination with Listeria monocytogenes. The product was sold in the frozen food department of the company’s 85 stores in New York,…

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Whole Foods Market® opens its doors in Chicago’s West Loop neighborhood on March 25

New location includes Mediterranean delights, specialty tea, and rare beers CHICAGO, 2015-3-24 — /EPR Retail News/ — Whole Foods Market® (Nasdaq: WFM) opens its doors in Chicago’s West Loop neighborhood on Wednesday, March 25 at 8am. The over 42,000 square-foot store at 1 N. Halsted is the third of seven Whole Foods Markets slated to…

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Klépierre S.A. and Corio N.V. merger to take effect on 31 March 2015

Joint Press Release PARIS, 2015-3-24 — /EPR Retail News/ — Klépierre S.A. (Klépierre) (Euronext Paris and Amsterdam) and Corio N.V. (Corio) (Euronext Amsterdam) today announce that all conditions precedent to the implementation of the merger of Klépierre and Corio have been fulfilled. The merger is scheduled to take effect on 31 March 2015, 23:59 hrs CET. In…

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GOME Electrical Appliances Holding Limited announces the Group’s audited consolidated results for the year ended 31 December 2014

Core Financial Indicators Exceed Industry Average for Eight Consecutive Quarters E-commerce Business Grew Rapidly with GMV Doubled in Q4 Business Model Upgrade to Total Retail Company to Build Another GOME by 2017 • GOME achieved industry leading results with core financial indicators for eight consecutive quarters: 1. 2014 Sales revenue up 7.0% y-o-y to RMB60.36 billion with…

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British Land completed £733 million property exchange transaction with Tesco

LONDON, 2015-3-23 — /EPR Retail News/ — British Land announces it has completed a £733 million property exchange transaction with Tesco.  Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco’s 50% interest in two joint venture portfolios…

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CBRE Group named to the Companies That Care Honor Roll for the eighth consecutive year

National Award Recognizes Commitment to Employees, Families and Communities Los Angeles, 2015-3-23 — /EPR Retail News/ — CBRE Group, Inc. today announced it has been named to the Companies That Care Honor Roll for the eighth consecutive year. Companies on the 2015 Honor Roll have demonstrated socially responsible workplace practices and active community involvement, as determined…

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Starbucks focuses on what it means to be a corporate citizen in the 21st century in its 2014 Global Responsibility Report

What is the role and responsibility of a for-profit, public company? SEATTLE, 2015-3-23 — /EPR Retail News/ — In its 14th consecutive year of issuing a Global Responsibility Report, Starbucks offers its perspective on what it means to be a corporate citizen in the 21st century and openly shares its progress and challenges. “I strongly believe that today,…

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Tesco regains sole ownership of 21 superstores in a transaction with British Land

Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Tesco has regained sole ownership of 21 superstores in a transaction with British Land.  The agreement comes as Tesco continues to strengthen its core UK business. The 21 superstores and associated debt were part of a joint venture between Tesco and British Land and were all subject to RPI-indexed…

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Carrefour Brazil launches the Instituto! a non-profit making corporate philanthropy body to serve the general public interest

Boulogne-Billancourt, France, 2015-3-23 — /EPR Retail News/ — Carrefour Brazil launches the Instituto! The Instituto Carrefour is set up as a non-profit making corporate philanthropy body and exists to serve the general public interest. Promoting diversity by working in three different areas: raising people’s awareness of Human Rights, facilitating the professional integration of people who require…

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The Defense Commissary Agency presented its 2014 Equal Employment Opportunity Awards

FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — The Defense Commissary Agency presented its 2014 Equal Employment Opportunity Awards March 3. "As an agency we are dedicated to promoting fairness, objectivity and equality within DeCA's workforce," said DeCA Director and CEO Joseph H. Jeu. "Our award winners personify our commitment to equal employment opportunity." Leader of the Year:…

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Defense Commissary Agency seeks new contractor for its deli and bakery services in 22 commissaries

FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — Deli and bakery services in 22 commissaries in 12 states face temporary suspension today as the Defense Commissary Agency seeks a new contractor. Six of the 22 commissaries have sushi bars that will also be temporarily suspended. Today's announcement comes because the agency terminated two deli/bakery service contracts held…

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Rite Aid Corporation to offer $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 to fund its acquisition of EnvisionRx

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today the terms of an offering of $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 (the "Notes"). Rite Aid intends to use the net proceeds of the offering, together with other available cash, to fund the cash portion…

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Rite Aid Corporation to release financial results for its Fiscal 2015 Fourth Quarter ended Feb. 28, 2015 on Apr. 8, 2015

CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2015 Fourth Quarter, which ended Feb. 28, 2015, on Wednesday, Apr. 8, 2015. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid's management team.…

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