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Management

Kimco Realty Corp. reported its transaction activity for the second quarter of 2014

NEW HYDE PARK, N.Y., 2014-7-3 — /EPR Retail News/ —  Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, today reported its transaction activity for the second quarter of 2014. The company continued transforming its portfolio and simplifying its business model, highlighted by the acquisition of a…

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Rite Aid Corporation announces sales results for June 2014

CAMP HILL, Pa., 2014-7-3 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for June. Monthly Sales For the four weeks ended June 28, 2014, same store sales increased 3.9 percent over the prior-year period. June front-end same store sales increased 0.9 percent. Pharmacy same store sales, which included an approximate 169 basis…

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Wincor Nixdorf to replace 500 information terminals at BMW Group’s German and international locations

Wincor Nixdorf to deliver 500 info terminals to auto manufacturer and handle subsequent operation Paderborn, Germany,  2014-7-2 — /EPR Retail News/ —  Wincor Nixdorf has received an order from the BMW Group to replace 500 information terminals at the automaker's German and international locations. The terminals enable the company's employees to access corporate intranet applications. In its…

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Meijer continues its investment in the city of Detroit with groundbreaking ceremony for second supercenter at the site of the former Redford High School

GRAND RAPIDS, Mich., 2014-7-2 — /EPR Retail News/ —  Less than a year after Meijer opened a supercenter at the historical Michigan State Fairgrounds on 8 Mile Road and Woodward Avenue, the retailer continued its investment in the city of Detroit today with a formal groundbreaking ceremony for a second supercenter to be located at the site…

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Ingles Markets declares cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 per share on all its Class B Common Stock payable July 24, 2014

ASHEVILLE, N.C., 2014-7-2 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock.  This is an annual rate of $0.66 and $0.60 per…

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REWE Group extends executive board contract of Dr. Christian Mielsch until the end of August 2018

  Köln, Germany, 2014-7-2 — /EPR Retail News/ — The supervisory board of REWE Group has prematurely extended the executive board contract of Dr. Christian Mielsch (51) by three further years. In September 2012, Dr. Mielsch was appointed to the management board of REWE Group. In this position, he was responsible for Finance, Business Administration, Information Technology, Real Estate Management…

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METRO GROUP divests Real’s Turkish operations to Hacı Duran Beğendik

Sale covers all twelve stores of Real in Turkey Turkey remains one of the focus countries for METRO Cash & Carry andMedia-Saturn Düsseldorf, Germany, 2014-6-30 — /EPR Retail News/ —  METRO GROUP signed an agreement with Hacı Duran Beğendik about the divestment of Real's Turkish operations. With this move, Real will fully focus on the successful development of its business…

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Delhaize Group announced capital structure disclosure in accordance to the requirements of Belgian law

BRUSSELS, Belgium, 2014-6-30 — /EPR Retail News/ —  Delhaize Group (Euronext Brussels: DELB - NYSE: DEG), the Belgian international food retailer, discloses the information required under article 15, § 1 and 18, § 1 of the Law of May 2, 2007 regarding the disclosure of major shareholdings in listed companies following a capital increase resulting from the exercise…

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AHOLD REPURCHASED 2,520,031 AHOLD COMMON SHARES FOR € 34.41 MILLION BETWEEN JUNE 23 AND 27, 2014

Zaandam, the Netherlands, 2014-6-30 — /EPR Retail News/ —  Ahold has repurchased 2,520,031 Ahold common shares in the period from June 23, 2014 up to and including June 27, 2014. The shares were repurchased at an average price of € 13.6546 per share for a total consideration of € 34.41 million. These repurchases were made as part of…

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Wesfarmers completes the sale of its insurance underwriting operations in Australia and New Zealand to Insurance Australia Group

Perth, Australia,  2014-6-30 — /EPR Retail News/ —  The sale of Wesfarmers’ insurance underwriting operations in Australia and New Zealand to Insurance Australia Group, announced on 16 December 2013, has now been completed. As previously announced, Wesfarmers expects to record a pre-tax profit on the sale of approximately $700 million to $750 million, which will be included…

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Russia’s largest food retailer “Magnit” opens the 57th “Magnit Family” store

Krasnodar, 2014-6-30 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 57th “Magnit Family” store. Please be informed that today the Company has opened its 57th “Magnit Family” store located at 205, Tamanskaya street, Yeysk, Krasnodar region, Southern federal district. Assortment of the store consists…

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Henrietta Baring appointed Head of Argos IT Commercial and Supply Chain

Milton Keynes, UK,  2014-6-27 — /EPR Retail News/ — Henrietta Baring has been appointed to the newly created role of Head of Argos, IT Commercial and Supply Chain, reporting to Mike Sackman, IT Director. The role is key to bringing to life the strategic vision for Argos to be a digital retail leader, as announced to The…

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The John Lewis Partnership Director of Legal Services and Company Secretary Margaret Casely-Hayford to retire at the end of July 2014

LONDON, 2014-6-27 — /EPR Retail News/ —  The John Lewis Partnership announces that Margaret Casely-Hayford, Director of Legal Services and Company Secretary has decided to retire from the Partnership at the end of July 2014. Margaret has been appointed to the position of Chair of the Charity Action Aid UK and is also a Non-Executive Director…

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IKEA US to adopt new minimum hourly wage structure for their US retail co-workers beginning January 1, 2015

Average Minimum Hourly Wage Rises to $10.76, approximately 50% of IKEA US Retail Co-Workers to Benefit. Conshohocken, PA, 2014-6-27 — /EPR Retail News/ — IKEA US announced today it will adopt a new minimum hourly wage structure for their US retail co-workers beginning January 1, 2015. The change will take the average minimum hourly wage in existing US stores…

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The National Retail Federation: Retailers applaud supreme court decision on NLRB appointments

Executive Power to Push Pro-Union Agenda Halted by Court WASHINGTON, 2014-6-27 — /EPR Retail News/ — The National Retail Federation released the following statement from Senior Vice President for Government Relations David French on the U.S. Supreme Court decision in National Labor Relations Board v. Noel Canning, which questioned President Obama’s use of recess appointments to fill vacancies on the NLRB during a “pro forma”…

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Ahold receives preliminary approval from the Czech competition authority to acquire SPAR’s business in the country

Zaandam, the Netherlands, 2014-6-27 — /EPR Retail News/ —  Ahold today announced that it has received preliminary approval from the Czech competition authority to acquire SPAR’s business in the country. The competition authority has stipulated that after completion of the acquisition, Ahold is required to divest a limited number of stores in the Czech Republic. Once this decision is…

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NACS releases the convenience and fuel retailing industry’s premier benchmarking tool and comprehensive collection of data and trends – the NACS State of the Industry Report of 2013 Data

ALEXANDRIA, VA, 2014-6-27 — /EPR Retail News/ — NACS has released the NACS State of the Industry Report of 2013 Data, the convenience and fuel retailing industry’s premier benchmarking tool and most comprehensive collection of data and trends. Published since 1972, the NACS State of the Industry Report provides valuable information to help industry stakeholders maximize their company’s growth and profitability. This…

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Jeff Miller appointed as Executive Chef and Vice President of Product Innovation of Dunkin’ Brands Group, Inc.

CANTON, MA,  2014-6-26 — /EPR Retail News/ —  Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, today announced Jeff Miller as the company’s new Executive Chef and Vice President of Product Innovation. In this role, Miller will head the 22-person culinary team assembled by Dunkin’ Brands to create new and…

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Dunkin’ Brands Group, Inc. announces new appointments and executive promotions within its Global Marketing, Innovation and Operations teams

CANTON, MA, 2014-6-26 — /EPR Retail News/ —  Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, today announced several new appointments and executive promotions within its Global Marketing, Innovation and Operations teams. These changes, announced officially by John Costello, President, Global Marketing and Innovation, and Bill Mitchell, President, Baskin-Robbins U.S. and…

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Meijer sponsors the pharmacy technician adult career training program at the West Michigan Center for Arts + Technology

GRAND RAPIDS, Mich., 2014-6-26 — /EPR Retail News/ —  Meijer is sponsoring the pharmacy technician adult career training program at the West Michigan Center for Arts + Technology in an effort to recruit well-trained graduates for placement in its pharmacies throughout West Michigan. The investment also strengthens the retailer’s commitment to continued education and partnership with WMCAT that…

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Morrisons.com now taking online food orders in North London

Bradford, England,  2014-6-26 — /EPR Retail News/ —  Morrisons is now taking online food orders in North London via Morrisons.com. The website now features delivery slots for postcodes across the capital from Ealing to Essex. Deliveries will begin on 9th July 2014. On the move into London, Simon Thompson, managing director for online food at Morrisons said: “We’re aware…

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SM Investments Corporation cited for major awards by Alpha Southeast Asia magazine in its 4th Annual Southeast Asia Institutional Investor Corporate Awards

Pasay City, Philippines, 2014-6-26 — /EPR Retail News/ —  International magazine Alpha Southeast Asia has cited leading Philippine conglomerate SM Investments Corporation (SM) for major awards in its 4th Annual Southeast Asia Institutional Investor Corporate Awards. SM’s Executive Vice President and Chief Finance Officer (CFO), Jose T. Sio was cited as the Best CFO in the Philippines while…

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ICSC and Goldman Sachs Weekly Chain Store Sales Index: Arrival of summer gave way to a rise in weekly sales for the second consecutive week

NEW YORK, 2014-6-25 — /EPR Retail News/ — The arrival of summer gave way to a rise in weekly sales for the second consecutive week, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index (ICSC-GS).  Overall, according to the index, weekly chain store sales jumped by a solid…

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Rite Aid Corporation and Heritage Provider Network to bring Rite Aid Health Alliance program to HPN’s chronic and poly-chronic patients across Southern California

Rite Aid President and COO Ken Martindale and Heritage Provider Network President and CEO Richard Merkin, M.D., To Discuss Collaboration During In-Store Event June 24 in Woodland Hills, California CAMP HILL, Pa. and MARINA DEL REY Calif., 2014-6-25 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD), one of the nation's leading drug store chains, and…

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CBRE and Maastricht University joint project 2014 Green Building Adoption Index finds Minneapolis is leading U.S. market for green commercial real estate

Study Points to Significant Growth Since 2005 in Green Building Spaces in the U.S. ​Los Angeles, 2014-6-25 — /EPR Retail News/ —  Minneapolis is the U.S. city with the highest percentage of green commercial space, and green commercial real estate nationwide has increased significantly since 2005.Those are key findings of the 2014 Green Building Adoption Index, a…

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Foodstuffs: Four Square Coromandel to open in late 2014

Auckland, New Zealand,  2014-6-25 — /EPR Retail News/ —  Coromandel township locals can look forward to a new Four Square in late 2014, as work commences at the new site on the corner of Wharf Road and Charles Street this week.  Angela Bull, Foodstuffs (North Island) General Manager Property Development is thrilled the Coromandel community will soon…

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Harris Teeter gives back to the community with donation of $45,000 to three local food banks

Matthews, N.C.,  2014-6-25 — /EPR Retail News/ —  Harris Teeter gives back to the community with donation of $45,000 to three local food banks Who:      Harris Teeter, Food Bank of the Albemarle, The Foodbank of the Virginia Peninsula and the Foodbank of Southeastern Virginia and the Eastern Shore What:      Harris Teeter is giving back to the community with a…

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Delhaize Group announce the appointment of Kevin Holt as Chief Executive Officer for Delhaize America

Kevin Holt appointed as new Chief Executive Officer for Delhaize America BRUSSELS, BELGIUM, 2014-6-24 — /EPR Retail News/ —  Delhaize Group is pleased to announce the appointment of Kevin Holt as Chief Executive Officer for Delhaize America. Mr. Holt, formerly President of Retail Operations at SUPERVALU, will also become a member of the Delhaize Group Executive Committee. He…

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Rite Aid President and CEO Ken Martindale officially marked the grand re-opening of the Company’s Beverly Hills store

Rite Aid President and Chief Operating Officer Ken Martindale to Host Ribbon-Cutting Ceremony at 11 a.m. Store Rich in Innovation and Unique Merchandising Concepts is the Latest Rite Aid's On-Going Evolution of its Wellness Store Format Rite Aid Foundation Reinforces Commitment to Beverly Hills Community and Beyond, Presenting Donations to Children's Hospital Los Angeles, Beverly Hills…

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Target Corp. announced online orders of $50 or more now qualify for free shipping

MINNEAPOLIS, 2014-6-24 — /EPR Retail News/ —  Target Corp. (NYSE: TGT) announced today that nearly all online orders of $50 or more will now qualify for free shipping. The new policy, which takes effect immediately, simplifies the experience for guests by making tens of thousands more products eligible for free shipping. Target’s new offer is among the…

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