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Pierre Audoin Consultants research on behalf of Wincor Nixdorf: Postal operators to invest 20 billion Euros globally in IT systems alone in 2015

Paderborn, Germany,   2014-6-24 — /EPR Retail News/ —  The international market research and consulting firm Pierre Audoin Consultants (PAC) estimates that alone in 2015, postal operators will invest 20 billion Euros globally in IT systems. Of this total, 3.1 billion Euros will go to transforming their branch operations. These are among the key insights of…
June 24, 20140Comments

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Business Malls Management Retail Retailer

CBRE Group, Inc. to provide property management services for CommonWealth REIT’s 42.9 million-sq.-ft. property portfolio

CBRE to Manage Nearly 43 Million Sq. Ft. in 31 Markets Los Angeles, 2014-6-24 — /EPR Retail News/ —  CBRE Group, Inc. (NYSE:CBG) today announced its appointment to provide property management services for CommonWealth REIT’s (NYSE: CWH) 42.9 million-sq.-ft. property portfolio, excluding properties classified as discontinued operations. CBRE’s appointment is targeted to take effect on or around October 1,…
June 24, 20140Comments

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Management Philanthropy Retail Retailer

Harris Teeter donates $675,153.97 to schools this month through its fundraising program Together in Education

Schools Receive Over $1.5 Million from Harris Teeter throughout 2013-2104 school year Matthews, N.C., 2014-6-24 — /EPR Retail News/ —  Today, Harris Teeter announced it is donating $675,153.97 to schools this month through Together in Education (TIE), Harris Teeter’s fundraising program for schools in its communities.  This third and final payment of the current school year brings the…
June 24, 20140Comments

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Business Home & Garden Home Decor Management Retail Retailer

Kingfisher hosted reception at the House of Commons to mark first year of Net Positive

LONDON, 2014-6-24 — /EPR Retail News/ —  It’s a year since Kingfisher, Europe’s largest home improvement retailer (B&Q and Screwfix) launched Net Positive - its restorative approach to business.  To mark the occasion and its first full-year’s results, the Group hosted a reception at the House of Commons to share its progress against ambitious targets. One of…
June 24, 20140Comments

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Business Financial Management Retail Retailer

Carrefour to acquire DIA France for enterprise value of 600 million euros

PARIS, 2014-6-23 — /EPR Retail News/ —  Carrefour announces, as part of an exclusivity agreement with DIA, the signature of a put option with a view to acquire DIA France for an enterprise value of 600 million euros. With more than 800 stores totaling nearly 550,000 m² to date, DIA France recorded sales under banners of 2.3…
June 23, 20140Comments

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Awards Management Retail Retailer

Glen Tully receives Global Co-operator Award from The Canadian Co-operative Association and Co-operative Development Foundation of Canada

Saskatchewan, Canada, 2014-6-23 — /EPR Retail News/ — The Canadian Co-operative Association and Co-operative Development Foundation (CDF) of Canada recognized Glen Tully with the Global Co-operator Award for his commitment to its international development work. The award was presented June 16 at the Canadian Co-operative Association and Co-operatives and Mutuals Canada Congress in Moncton, N.B. VIDEO: Glen Tully comments…
June 23, 20140Comments

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Management Philanthropy Retail Retailer

Wegmans Food Markets donated $25,000 to Achievement Center of Erie, PA to help fund the construction of outdoor play therapy area at Millcreek Township

ERIE, PA, 2014-6-23 — /EPR Retail News/ —  Wegmans Food Markets has donated $25,000 to the Achievement Center of Erie, PA to help fund the construction of an outdoor play therapy area at the Center’s new location in Millcreek Township. Expected to open early this fall in what was formerly a Walmart store, the site will house…
June 23, 20140Comments

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Consumer Goods Discounts Grocery Management Retail Retailer

Morrisons announces another round of price cuts that will lead to 135 everyday products becoming permanently cheaper

Bradford, England,  2014-6-23 — /EPR Retail News/ —  Morrisons announces another round of price cuts, taking effect on Monday (23 June), that will lead to 135 everyday products becoming permanently cheaper. The latest round of cuts will see prices slashed by as much as 41%, with an average reduction of 14%. Cuts will be across a mix…
June 23, 20140Comments

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Business Grocery Management Retail Retailer

Russia’s largest food retailer Magnit opens 55th “Magnit Family” store

Krasnodar, 2014-6-23 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 55th “Magnit Family” store. Please be informed that today the Company has opened its 55th “Magnit Family” store located at 11, Chistopolskaya street, Kazan, Republic of Tatarstan, Volga federal district. Assortment of the store…
June 23, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

Scotherbs to supply Sainsbury’s range of fresh cut herbs

LONDON,  2014-6-23 — /EPR Retail News/ —  Scotland’s fresh herb grower and packer, Scotherbs has secured a deal to supply Sainsbury’s range of fresh cut herbs. Available in supermarkets across Scotland, Northern Ireland and North West England, products range from coriander to mint. Sainsbury’s has worked with Scotherbs since 2009 having established a regional supply base of branded…
June 23, 20140Comments

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Business Financial Management Retail Retailer

AHOLD REPURCHASED 2,622,529 AHOLD COMMON SHARES FOR € 35.36 MILLION BETWEEN JUNE 16 AND 20, 2014

Zaandam, the Netherlands, 2014-6-23 — /EPR Retail News/ —  Ahold has repurchased 2,622,529 Ahold common shares in the period from June 16, 2014 up to and including June 20, 2014. The shares were repurchased at an average price of € 13.4815 per share for a total consideration of € 35.36 million. These repurchases were made as part of…
June 23, 20140Comments

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Business Convenience Stores Food & Beverage Management Retail Retailer

NACS and the United Fresh Produce Association to increase sales of fresh produce in convenience stores

​Alexandria, VA, 2014-6-20 — /EPR Retail News/ —  NACS and the United Fresh Produce Association announced a new partnership to significantly increase the sales of fresh produce in convenience stores. A new task force of members of both groups met during the United Fresh 2014 convention in Chicago last week. As the leading associations representing produce suppliers and…
June 20, 20140Comments

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Baby Products Business Management Retail Retailer Toys

Michael J. Short appointed Executive Vice President and Chief Financial Officer of Toys“R”Us, Inc.

WAYNE, NJ, 2014-6-20 — /EPR Retail News/ — Toys“R”Us, Inc. today announced that it has named Michael J. Short Executive Vice President and Chief Financial Officer, Toys“R”Us, Inc., effective June 23. Mr. Short, 53, a seasoned finance executive with broad retail and corporate development experience, was most recently Executive Vice President and Chief Financial Officer of…
June 20, 20140Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation reported $6.5 billion revenues for its fiscal first quarter ended May 31, 2014

First Quarter Net Income of $41.4 Million and Net Income per Diluted Share of $0.04, Compared to Prior Year's First Quarter Net Income of $89.7 Million and Net Income per Diluted Share of $0.09 First Quarter Adjusted EBITDA of $282.6 Million Compared to Adjusted EBITDA of $344.8 Million in Prior First Quarter Rite Aid Confirms Outlook…
June 20, 20140Comments

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Management Philanthropy Retail Retailer

Commissary starts this year’s Feds Feed Families campaign

FORT LEE, Va., 2014-6-20 — /EPR Retail News/ —  Commissary employees and customers are working together again this year to collect donations for the Feds Feed Families campaign. The campaign, which takes place June 1 through Aug. 31, collects much-needed items for local food banks. Customers and employees can donate nonperishable food and personal hygiene items to the…
June 20, 20140Comments

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Business Consumer Goods Consumer Services Grocery Management Retail Retailer

Grocery carts for special-needs children “Caroline’s Cart” to be available in 40 commissaries across United States

FORT LEE, Va., 2014-6-20 — /EPR Retail News/ —  Forty commissaries across the United States will soon offer grocery carts designed specifically for special-needs children. Called "Caroline's Cart," it enables special-needs children – or even adults under 250 pounds – to safely and easily accompany parents or caretakers on commissary shopping trips. The cart provides the option…
June 20, 20140Comments

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Management Retail Retailer

The second application window for Tesco’s Future Farmer Foundation will open on Friday 20 June

Cheshunt, England, 2014-6-19 — /EPR Retail News/ —  The second application window for Tesco’s Future Farmer Foundation will open on Friday 20 June, with the first talented group of young farmers already on course to be the country’s next agricultural entrepreneurs. Over a twelve month programme, each group of 50 young farmers will take part in business planning…
June 19, 20140Comments

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Management Philanthropy Retail Retailer

Tesco in search for charities to benefit from estimated £1.8 million to be raised from carrier bag levies in Wales and Scotland

Cheshunt, England, 2014-6-19 — /EPR Retail News/ — Tesco has launched its search for the charities that will benefit from an estimated £1.8 million set to be raised from carrier bag levies in Wales and Scotland. The retailer has given the green light for charities to submit proposals on how they could work with Tesco and use the money to…
June 19, 20140Comments

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Business Consumer Goods Consumer Information Food & Beverage Management Retail Retailer

METRO GROUP launches unique technology that allows detailed tracking of the origin of fish and meat products

Düsseldorf, Germany, 2014-6-19 — /EPR Retail News/ —  METRO GROUP is stepping up its efforts for a sustainable handling of sensitive product categories: the Düsseldorf-based retail company today presented a new and so far unique technology that allows a detailed tracking of the origin of fish and meat products. Thus, when purchasing fish, customers of the wholesale subsidiary METRO Cash…
June 19, 20140Comments

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Business Environment Grocery Management Retail Retailer

Sainsbury’s Cannock store to run on power generated solely from the supermarket’s own food waste

LONDON, 2014-6-19 — /EPR Retail News/ —  Industry partners Biffa and Sainsbury’s are today celebrating an innovative facility that will allow Sainsbury’s Cannock store to run on power generated solely from the supermarket’s own food waste. Using Biffa’s advanced anaerobic digestion (AD) facilities and a unique power link up, Sainsbury’s Cannock store will be powered using electricity generated…
June 19, 20140Comments

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Business Financial Law Management Retail Retailer

NRF and RILA asked appeals court to overturn federal judge’s approval of controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees

WASHINGTON, 2014-6-17 — /EPR Retail News/ —  The National Retail Federation and the Retail Industry Leaders Association today asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees, saying it was negotiated by only a handful of merchants and would do nothing to…
June 17, 20140Comments

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Business Management Retail Retailer

British Retail Consortium: Government plans to charge for carrier bags with an overly complex system will confuse shoppers

LONDON, 2014-6-17 — /EPR Retail News/ —  Retailers have expressed serious disappointment that Government plans to charge for carrier bags will ignore the advice of the industry and a key Parliamentary committee and press ahead with an overly complex system that will confuse shoppers. Retailers have consistently maintained that plans to charge 5p for carrier bags to…
June 17, 20140Comments

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Business Convenience Stores Management Retail Retailer

7-Eleven, Inc. and Seven Emirates Investment LLC to develop and operate 7-Eleven® stores in the UAE

Retailer Anticipates First Store Will Open in Dubai Next Summer Dallas, 2014-6-17 — /EPR Retail News/ —  7-Eleven, Inc. (SEI), the world’s largest convenience retailer with 53,000 stores worldwide, has signed a master franchise Agreement with Seven Emirates Investment LLC to develop and operate 7-Eleven® stores in the United Arab Emirates (UAE). The expansion marks the company’s first entry into…
June 17, 20140Comments

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Consumer Goods Consumer Information Food & Beverage Management Retail Retailer

Wegmans Food Markets, Inc. recalls Wegmans Cinnamon Raisin Buns, 12 oz., due to not declared egg on the label

ROCHESTER, NY, 2014-6-17 — /EPR Retail News/ — Wegmans Food Markets, Inc. in Rochester, NY, has initiated a voluntary recall of approximately 1,315 units of Wegmans Cinnamon Raisin Buns, 12 oz., because they may contain egg, which is not declared on the label.  People who have an allergy or severe sensitivity to eggs run the risk of serious or life-threatening…
June 17, 20140Comments

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Business Food & Beverage Grocery Management Retail Retailer

Russia’s largest food retailer Magnit opened its 54th “Magnit Family” store

Krasnodar, 2014-6-17 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 54th “Magnit Family” store. Please be informed that on June 13, 2014 the Company has opened its 54th “Magnit Family” store located at 24/1, Zaozernaya street, Omsk, Siberian federal district. Assortment of the store…
June 17, 20140Comments

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Business Financial Management Retail Retailer

Inter IKEA Group announced 7.4% revenue increase in its 2013 annual report

Luxembourg, 2014-6-17 — /EPR Retail News/ — In a rather tough business climate, the IKEA Concept continued to show good strength. Inter IKEA Group continued to make long term investments in order to secure independence and longevity of the group and the IKEA Concept. Inter IKEA Group total revenues increased by 7.4%, to €2,856 million in 2013. Net profit…
June 17, 20140Comments

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Awards Business Management Retail

Chain Store Age named CBRE Group the world’s fastest-growing retail property and leasing manager for the fourth straight year

CBRE Tops Annual Ranking for Fourth Straight Year ​Los Angeles, 2014-6-17 — /EPR Retail News/ —  CBRE Group, Inc. has been named the world’s fastest-growing retail property and leasing manager by Chain Store Age for the fourth straight year. The retail industry publication’s April/May 2014 issue reported that CBRE added 39 million square feet of new global…
June 17, 20140Comments

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Apparel Business Fashion Management Retail Retailer

BESTSELLER AQUIRED THE BRITISH FASHION RETAILER M AND M DIRECT LTD

Brande, Denmark,  2014-6-17 — /EPR Retail News/ —  M and M is one of Europe’s leading online and mail order retailers of discounted lifestyle, fashion, sports apparel and footwear. M and M has dedicated local market websites covering the UK, German, French, Austrian, Dutch and Polish markets, and also serves more than 20 additional countries worldwide. “We…
June 17, 20140Comments

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Grocery Management Philanthropy Retail Retailer

Stop & Shop donated $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School Rewards Program

Now in its fifth year, Stop & Shop’s A+ Rewards Program has given almost $10 million to local schools Purchase, NY & Quincy, MA, 2014-6-17 — /EPR Retail News/ —  The Stop & Shop Supermarket Company LLC announced it distributed $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School…
June 17, 20140Comments

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Business Grocery Management Retail Retailer

Sharon Washington named Defense Commissary Agency zone 8 manager

FORT LEE, Va., 2014-6-17 — /EPR Retail News/ — Sharon Washington has been selected DeCA zone 8 manager. That announcement came today from DeCA Executive Director of Store Operations Keith Hagenbuch. Washington succeeds Arnielle Fernandez who became the agency's bread and snacks category manager in April. Washington has been assistant store director at Naval Base San Diego for the…
June 17, 20140Comments

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