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Management

PT. Matahari Putra Prima Tbk opened its 107th Hypermart in East Bekasi, Indonesia

Lippo Village, Tangerang, Indonesia, 2014-12-29 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, opened its 107th Hypermart. The new Hypermart is located at Bekasi Trade Center City, a business center located in East Bekasi. This is the 5th…

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Saudi Arabia: SASCO updates on Ministry of Finance’s decision to cancel contract of one of its leased Gas Station in port Al Batha

Saudi Arabia, 2014-12-29 — /EPR Retail News/ — SASCO refers to its previous announcement on October 26, 2014 regarding the Ministryof Finance’s decision to cancel SASCO lease gas station in port Al Batha border and hand over the site no later than 30/12/1435 H. per their previous letter dated 25/09/1435 H. and company had handed over…

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Walgreens announced the second step of the Alliance Boots transaction expected to close on 31 December 2014

NOTTINGHAM, UK, 2014-12-23 — /EPR Retail News/ — Alliance Boots notes that Walgreens has today announced that, subject to shareholder approval, the second step of the Alliance Boots transaction is expected to close on 31 December 2014, ahead of the original goal. As previously disclosed, Walgreens will hold a special Meeting of shareholders on 29 December…

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Starbucks employees to organize community service projects during the holidays

SEATTLE, 2014-12-23 — /EPR Retail News/ — The ‘most wonderful time of the year’ can also be the most difficult time of the year for families in need. Starbucks partners (employees) step in to help by organizing community service projects during the holidays. From collecting and distributing food to families to leading toy drives and packing…

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Carrefour France and Cora / Supermarchés Match to cooperate on purchasing

Boulogne-Billancourt, France, 2014-12-23 — /EPR Retail News/ — Carrefour France and Cora / Supermarchés Match announce today that they have signed an agreement to cooperate on purchasing. This agreement establishes a long-term partnership, with no equity ties between the two companies, under which both companies maintain their independence while committing to sustainable relationships with their suppliers.…

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Carrefour with 3 awards from The LSA Innovation Awards ceremony held on 17 December 2014

Boulogne-Billancourt, France, 2014-12-23 — /EPR Retail News/ — The LSA Innovation Awards ceremony was held on 17 December 2014, as a unique opportunity for companies in the retail and consumer sector to showcase their various initiatives. Three awards were presented to Carrefour in recognition of its teams' work alongside its partners, demonstrating that innovation is still…

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PT. Matahari Putra Prima Tbk opened its 105th Hypermart at one of the largest modern shopping centers in Bau-Bau, Indonesia

Lippo Village, Tangerang, Indonesia, 2014-12-23 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, opened its 105th Hypermart. The new Hypermart is located at Lippo Plaza Buton, one of the largest modern shopping centers in Bau-Bau. This outlet is the first Hypermart located…

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Kingfisher plc to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for £140 million

LONDON, 2014-12-23 — /EPR Retail News/ — Kingfisher plc, Europe's leading home improvement retailer, today announces a binding agreement to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for a total cash consideration of £140 million. The agreement follows Kingfisher’s previous announcement of its plans to look for a…

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Auchan won 2 human resources related awards in China

PARIS, 2014-12-23 — /EPR Retail News/ — Auchan China had been selected as a winner of the "100 best Human Resource Management companies of 2014" award and of the "outstanding performance for best E-Learning develoment of 2014" award. These Awards were sponsored by 51job.Inc, the leading integrated human resources service provider in China. This is a great honor…

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NRF’s 2014 Return Fraud Survey: the industry will lose an estimated $10.9 billion to return fraud this year

WASHINGTON, 2014-12-22 — /EPR Retail News/ — Techniques and processes put in place to thwart criminal activity around retailers’ return policies continue to be put to the test, and with steadily improving retail sales, even more is on the line when it comes to losses from return fraud. According to the National Retail Federation’s 2014 Return…

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Tesco and Sam Faiers to give Maisie Bone from Kent an incredible Christmas this year

Cheshunt, England, 2014-12-22 — /EPR Retail News/ — Tesco has enlisted the help of stunning starlet Sam Faiers to give one fan an incredible Christmas this year. Maisie Bone, 19, from Kent was given the ultimate surprise when Sam knocked on her door last night to meet her in person. The blonde beauty arrived with her…

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2,100 Sainsbury’s office workers pledge over 3,800 days of their time to help out in stores over the busy Christmas period

LONDON, 2014-12-22 — /EPR Retail News/ — This year, over 2,100 Sainsbury’s office workers from the retailer’s store support centres in London, Manchester, Coventry and Edinburgh will pledge over 3,800 days of their time to help out in stores over the busy Christmas period. Sainsbury’s suppliers are also joining in, with more than 480 people from 121…

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Walgreen Co. intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA”

Company intends to delist and deregister common stock from NYSE and CHX DEERFIELD, Ill., 2014-12-22 — /EPR Retail News/ — Walgreen Co. (NYSE: WAG) (Nasdaq: WAG) announced today that it intends to apply to list the shares of Walgreens Boots Alliance, Inc. common stock on The Nasdaq Stock Market LLC under the ticker symbol “WBA” following the…

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Russia’s largest retailer “Magnit” announces the opening of its 89th “Magnit Family” store

Krasnodar, Russia, 2014-12-22 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of a new hypermarket and “Magnit Family” stores. Please be informed that on December 20, 2014 the Company has opened its 89th “Magnit Family” store. The 89th “Magnit Family” store is located at Gafiatullina…

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AB Acquisition LLC and Safeway Inc. to sell 168 stores across eight states to four buyers

Subject to FTC approval, divested stores will continue to operate as competing grocery stores BOISE, ID and PLEASANTON, CA, 2014-12-22 — /EPR Retail News/ — AB Acquisition LLC (Albertsons) and Safeway Inc. (NYSE: SWY) announced today that they have entered into agreements, subject to approval by the Federal Trade Commission (FTC), to sell 168 stores across eight…

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Sainsbury’s donates nearly 10,000 turkeys along with other fruit and veg to offer a Christmas dinner to those in need

LONDON, 2014-12-22 — /EPR Retail News/ — Sainsbury's has pledged a donation of nearly 10,000 turkeys along with other fruit and veg to offer a Christmas dinner to those in need over the week of Christmas. Taste the Difference and By Sainsbury's turkeys and turkey crowns are being donated in partnership with poultry supplier Faccenda. Earlier this month…

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Carrefour received 3 Design Awards – more than any other company – at Observeur du design awards on 9 December 2014

Boulogne-Billancourt, France, 2014-12-22 — /EPR Retail News/ — On 9 December 2014, Observeur du Design awards were given to 29 designs out of the 150 objects that were shortlisted this year. The awards ceremony was held at Paris’ Cité des sciences et de l’industrie and was an opportunity for various key players involved in French design…

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Target CEO Brian Cornell announced several leadership roles in key areas to fuel digital transformation and enhance guest experience

Casey Carl elevated to Chief Strategy and Innovation Officer MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — Target Corporation (NYSE: TGT) Chairman and Chief Executive Officer Brian Cornell today announced the elevation and expansion of several leadership roles in key areas across the enterprise, as the retailer continues to accelerate the business, fuel its digital transformation and enhance the…

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Target: Unbeatable Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve

Guests Will Find Last-Minute Sales, Free Shipping through Dec. 20 and Store Pickup through 5 p.m. on Christmas Eve MINNEAPOLIS, 2014-12-19 — /EPR Retail News/ — With one week until Christmas, Target Corp.(NYSE: TGT) today announced that it will continue to offer guests unbeatable last-minute deals and free shipping on Target.com – where orders placed through Saturday,…

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Russia’s largest food retailer “Magnit” announced the opening of the new “Magnit Family” stores

Krasnodar, RUSSIA, 2014-12-19 — /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the new “Magnit Family” stores. Please be informed that today the Company has opened its 87th and 88th “Magnit Family” stores. The 87th “Magnit Family” store is located at 91, Krasnoflotskaya street…

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Inter IKEA Group sold 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (IKEA Group)

Leiden, Netherlands, 2014-12-19 — /EPR Retail News/ — Inter IKEA Group has signed an agreement to sell its 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (also referred to as the IKEA Group). Ingka Group already owns 49% of the shares of Inter IKEA Centre Group. The transaction will enable Ingka Group to bring…

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CBRE Group’s healthcare specialty group achieved 14 long-term contracts signed in 2014

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients. Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and MemorialCare…

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CBRE Research’s survey: London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations

Three of Five Priciest Markets are in Asia; Five of 10 Fastest Growing Occupancy Cost Markets are in U.S. Los Angeles, 2014-12-19 — /EPR Retail News/ — London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE…

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CBRE Group, Inc. acquired its affiliate commercial real estate services firm in Oklahoma and northwest Arkansas

Los Angeles, 2014-12-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999. CBRE | Oklahoma is one of the region’s leading providers of leasing,…

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PT. Matahari Putra Prima Tbk presents the new concept of Hypermart 7th Generation at Cyberpark, North Lippo Karawaci, Tangerang with 8,971 sqm gross area

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), the leading modern multi-format retailer in Indonesia, which operates Hypermart, Foodmart and Boston Health & Beauty, proudly presents the new concept of Hypermart 7th Generation (G7), located at Cyberpark, North Lippo Karawaci, Tangerang, with a gross area of 8,971 sqm. The G7 concept…

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Hypermart awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for category of Social Disaster organized by Dompet Dhuafa

Lippo Village, Tangerang, Indonesia, 2014-12-19 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a modern multi-format retailer in Indonesia, announced its core business, Hypermart, was awarded in Charta Peduli Indonesia 2014 as a Top CSR Social Development Program for Category of Social Disaster organized by Dompet Dhuafa. The award was given by Executive Director of…

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The Stop & Shop Supermarket Company LLC and Nabisco to support the Food Bank of the Hudson Valley in their efforts to provide meals this holiday season

Purchase, NY, 2014-12-19 — /EPR Retail News/ — Nabisco and The Stop & Shop Supermarket Company LLC joined forces today to support the Food Bank of the Hudson Valley in their efforts to provide meals this holiday season. Representatives from both organizations were on hand to donate thousands of pounds of Nabisco food items to the food…

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Hy-Vee CEO Randy Edeker presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award

WEST DES MOINES, Iowa, 2014-12-19 — /EPR Retail News/ — Hy-Vee, Inc. CEO Randy Edeker recently presented six of the company’s 235 stores with a first-ever Hy-Vee Customer Experience Award to recognize them for excellence in customer service. Hy-Vee’s Customer Experience Program, which began in fiscal year 2014, is designed to evaluate customers’ shopping experiences. Stores are rated…

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Meijer gave 213 unsuspecting customers their entire shopping cart filled with gifts and groceries as a holiday gift

Retailer collects customer reactions in video of the fun-filled events GRAND RAPIDS, Mich., 2014-12-18 — /EPR Retail News/ — Meijer made the holidays very merry for 213 unsuspecting customers recently when those shoppers received a big surprise upon checkout – their entire shopping cart filled with gifts and groceries given to them as a holiday gift by the…

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