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Management

Management

Temasek Holdings acquired 24.95% in HWL’s retail division A.S. Watson Holdings for HK$44 billion

Special Dividend of HK$7 per share to shareholders Hong Kong, 2014-3-24 — /EPR Retail News/ — Hutchison Whampoa Limited (HWL) is pleased to announce today the formation of a strategic alliance with Temasek by Temasek taking up an indirect equity interest of 24.95% in A.S. Watson Holdings, HWL’s retail division, for HK$44 billion. Benefits of the Transaction Following the completion…

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Carrefour Spain rolled out “At Carrefour, everything matters!” TV campaign

Paris, France, 2014-3-24 — /EPR Retail News/ — A media campaign was launched last 13 March with the objective of ensuring that Carrefour Spain’s customers are fully aware of the advantages Carrefour offers them: a comprehensive offer that goes further than good prices. This is why we can say that “AT CARREFOUR EVERYTHING MATTERS.” > The fact that…

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Meijer announced new features to its mPerks program to help customers track savings

Overall mPerks savings to customers eclipse $100 million; how much can you save GRAND RAPIDS, Mich., 2014-3-24 — /EPR Retail News/ —  Meijer today announced added features to its mPerks program that allows customers to store digital receipts from purchases in a single place and details exactly how much they’ve saved by shopping at the…

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ShopRite stores in Hudson Valley raised over $95,000 for Maria Fareri Children’s Hospital at Westchester Medical Center

Keasbey, NJ, 2014-3-22 — /EPR Retail News/ — ShopRite stores throughout the Hudson Valley region raised more than $95,000 in support of Maria Fareri Children’s Hospital at Westchester Medical Center during the month of January this year. The donations were collected at checkout from the generous customers at ShopRite during the Together for our Childrencampaign and a…

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The Home Depot® Foundation launched 2nd annual Spring into Service campaign to plant edible gardens for 1,000 Homeless Veterans at Housing Facilities

Team Depot Associate Volunteers to Plant Edible Gardens for 1,000 Homeless Veterans at Housing Facilities across the Country ATLANTA, 2014-3-20 — /EPR Retail News/ — Today, The Home Depot® Foundation launched its second-annual Spring into Service campaign, a season-long initiative to plant edible gardens that will provide fresh fruits and vegetables for 1,000 homeless U.S. military veterans at…

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Intershop and Siteworx to jointly demonstrate “experience-driven commerce” at Adobe Summit

Intershop selects Siteworx as a strategic North American partner, furthering Intershop’s continued expansion of U.S. partner strategy. Intershop and Siteworx to jointly demonstrate seamless omni-channel commerce experience using Adobe Experience Manager at Adobe Summit, March 24-28. San Francisco, 2014-3-20 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, today announced…

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Carrenza and Intershop launched new joint omni-channel commerce offering

London, 2014-3-20 — /EPR Retail News/ — Carrenza, major specialist in cloud based technologies and Intershop, a leading provider of omni-channel commerce solutions, have announced their partnership and the launch of a new joint offering based on their technologies and services. The joint offering will see Carrenza take the legacy Intershop client/server application and deliver it via…

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Magnit announces results of its BOD meeting held on March 20, 2014

Krasnodar, Russia, 2014-3-20 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”, “Issuer”; MICEX and LSE: MGNT), is pleased to announce the results of the BOD meeting held on March 20, 2014. Please be informed that on March 20, 2014 the BOD meeting was held (minutes of the BOD meeting of OJSC “Magnit” are w/o…

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IKEA announced plans to expand the warehouse of its Detroit-area store in Canton, MI

CONSHOHOCKEN, PA, 2014-3-20 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced plans to expand the warehouse of its Detroit-area store in Canton, MI. As a result of this work, IKEA Canton, which opened June 2006 at 311,000 square feet in size, would grow nearly 44,000 SF to the new size…

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Product recall: IKEA asks customers to bring children’s bed canopies back to any IKEA store for full refund

CONSHOHOCKEN, Pa., 2014-3-20 — /EPR Retail News/ — IKEA asks customers who have a bed canopy from children’s IKEA intended to be draped around children’s cribs/beds to stop using it and bring the canopy back to any IKEA store for a full refund. The affected bed canopies are: LEGENDARISK, MINNEN bed Canopy set, BARNSLIG BOLL, MINNEN Brodyr, HIMMEL,…

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William Wolfe ICSC’s OAC Summit panelist: Now is a good time to sell assets

NEW YORK, 2014-3-20 — /EPR Retail News/ —Now is a good time to sell assets, said a panelist at ICSC’s OAC (Open-Air Center) Summit Thursday, in Washington. “If you have a desire or need to monetize your investment, this is a beautiful time to do it,” said the panelist, William Wolfe, president of First Washington Realty,…

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British Retail Consortium’s Director Helen Dickinson comments on Chancellor’s Budget announcement

LONDON, UK, 2014-3-19 — /EPR Retail News/ — Commenting on the Chancellor's Budget announcement earlier today, BRC Director General, Helen Dickinson said: "Our customers will welcome the Chancellor's focus on putting more money in their pockets through changing the tax thresholds, fuel duty and savings and pensions arrangements. The BRC's projections demonstrate that whilst recovery is now a…

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SRC-KPMG: Total February 2014 Scottish sales decreased by 1.0% compared with February 2013

LONDON, UK, 2014-3-19 — /EPR Retail News/ — In February 2014 total Scottish sales decreased by 1.0% compared with February 2013, when they had increased by 0.7%. Like-for-like sales decreased by 2.5% on last February, when they had decreased by 0.1%. Taking account of shop price deflation at 1.4%, February total sales were up 0.5% in real terms. Total…

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British Retail Consortium and Department for Work and Pensions partner to get more people into careers in retail sector

LONDON, UK, 2014-3-19 — /EPR Retail News/ — Today the British Retail Consortium and the Department for Work and Pensions committed to working increasingly closely in an effort to get more people, especially those under 25, into careers in the retail sector. A formal partnership agreement was launched today by BRC Director General, Helen Dickinson and Employment Minister Esther…

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The Women Grocers of America announced its 2014 Leadership team

Arlington, VA, 2014-3-19 — /EPR Retail News/ — The Women Grocers of America (WGA) announced its 2014 Leadership team, which consists of a newly appointed president to succeed Denise Beckman, four Executive Committee Members, and six new Board Members. "I commend Denise Beckman for her exemplary leadership of the Women Grocers of America over the last five…

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Wincor Nixdorf extends payment systems terminals with MEI Banknote recycling system

Wincor Nixdorf is further scaling the portfolio for Cash management in Retail Paderborn, Germany, 2014-3-19 — /EPR Retail News/ — Wincor Nixdorf has extended the payment systems terminals by the MEI Banknote recycling system (BNR). Through this Wincor Nixdorf is able to offer a more scalable solution which can easily be adapted to customer demands. “The decision by Wincor…

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Venezuela’s 3rd biggest public bank Banco del Tesoro to install 200 new CINEO ATMs from Wincor Nixdorf by July 2014

Hardware and software from Wincor Nixdorf Paderborn, Germany, 2014-3-19 — /EPR Retail News/ — Banco del Tesoro is extending its range of customer-friendly automated teller machine services. Venezuela’s third biggest public bank will be installing 200 new CINEO ATMs from Wincor Nixdorf by July of this year, doubling the number of systems in its ATM network and supporting…

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North America’s leading shopping centers operator Kimco Realty Corp. closed new $1.75 billion unsecured revolving credit facility

NEW HYDE PARK, N.Y., 2014-3-18 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly traded owner and operator of neighborhood and community shopping centers, announced that it has closed on a new $1.75 billion unsecured revolving credit facility with commitments from 23 lending institutions, replacing the company’s existing $1.75 billion unsecured…

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General Growth Properties to report first quarter 2014 on April 28; conference call on April 29, 2014

CHICAGO, 2014-3-18 — /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP) will report financial and operational results for the first quarter 2014 after the close of business on Monday, April 28, 2014, and host a conference call for investors and other interested parties at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, April 29, 2014.…

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SM Investments Corporation received Anvil Award from Philippines’ Public Relations Society

Pasay City, Philippines, 2014-3-18 — /EPR Retail News/ — SM Investments Corporation recently received the Anvil Award organized by the Public Relations Society of the Philippines (PRSP).   SM received an Award of Merit for its 2012 Annual Report with the theme “We Build to Serve Millions”. In the photo are Anvil Juror Dr. Severino Sarmenta, Jr.; immediate past PRSP VP-Internal Jika M. Dalupan,…

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Argos promotes John Walden to Group Chief Executive

Milton Keynes, UK, 2014-3-18 — /EPR Retail News/ — Home Retail Group today announces a new management structure for Argos as a result of the promotion of John Walden, formerly Manager Director of Argos, to the role of Group Chief Executive.  All changes are effective immediately. As Group Chief Executive, John Walden will continue to provide guidance to…

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Waitrose to open first national distribution centre at its Magna Park development in Milton Keynes in Summer 2015

Bracknell, UK, 2014-3-18 — /EPR Retail News/ — Waitrose is to open a state-of-the-art national distribution centre (NDC) to be developed by Gazeley at its Magna Park development in Milton Keynes in Summer 2015. The retailer is in talks to transfer the operation at the nearby Kuehne+Nagel-run Celestia depot - which services Waitrose - to the national distribution…

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Tesco Group CEO Philip Clarke presented at The Guardian Changing Media Summit 2014

Cheshunt, England, 2014-3-18 — /EPR Retail News/ — Our Group CEO has delivered a keynote presentation at The Guardian Changing Media Summit 2014. Thank you for inviting me here today. You might think this is an unusual platform for the CEO of a supermarket chain. After all, we're retailers, not a media company. In fact Tesco is the largest…

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Walmart makes video games even more affordable with new trade-in service and pre-owned offering

BENTONVILLE, Ark., 2014-3-18 — /EPR Retail News/ — Walmart is giving the more than 110 million gamers across the U.S. a new way to unlock value in their current purchases and save even more when it comes to one of the fastest-growing forms of entertainment. Starting Wednesday, March 26, customers will be able to trade in their video…

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Harris Teeter Together in Education and North Carolina Education Lottery to donate $1,000 each to four local schools

Matthews, NC, 2014-3-17 — /EPR Retail News/ —Primrose School of West Cary, Highcroft Drive Elementary, Green Hope High School, Turner Creek Elementary School Each to Receive $1,000 Date:              Friday, March 21, 2014 Time:             11 a.m. Location:      High House Crossing Harris Teeter 2741 NC Highway 55 W Cary, N.C. 27519 Live shots are welcomed! Friday, March 21, 2014, Harris Teeter Store…

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H&M: February total sales 11% up compared to the same month last year

Stockholm, Sweden, 2014-3-17 — /EPR Retail News/ — In February, the H&M Group total sales including VAT increased by 11 percent in local currencies compared to the same month last year. In the first quarter, i.e. 1 December 2013 to 28 February 2014, sales increased by 12 percent including VAT in local currencies compared to the corresponding quarter…

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HGTV’s “DesignStar” winner Emily Henderson to join Target as new home style expert

Minneapolis, MN, 2014-3-17 — /EPR Retail News/ — “Houses are like people; the more inviting and interesting, the better.” We couldn’t agree more, which is why Target has teamed up with the very interesting  Emily Henderson to be the new home style expert. Not only is she the winner of HGTV’s hit show “DesignStar” and TV host of “Secrets From a Stylist,” she’s also a brilliant…

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BRC/SPRINGBOARD FOOTFALL MONITOR FEBRUARY 2014: High streets reported the greatest footfall since March 2013

LONDON, UK, 2014-3-17 — /EPR Retail News/ — Footfall in February was 2.9% lower than a year ago, down on the 1.6% rise in January and below the three-month average of -1.1%. High streets reported the greatest fall, down 5.3%, which is the largest drop since March 2013. On a three-month basis reported a drop in footfall of 3.0%, Footfall…

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NACS encourages stores selling e-cigarettes to treat these products as age restricted as those applicable to tobacco products

ALEXANDRIA, VA, 2014-3-17 — /EPR Retail News/ — NACS has issued a statement of position that encourages stores selling e-cigarettes to adopt, as a best practice, a policy of treating these products as age restricted and subjecting them to the same age-verification procedures as those applicable to tobacco products. NACS’ position was developed by the association’s retail…

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Argos reappoints CHI& Partners to provide creative support for the next phase of its transformation plan

Milton Keynes, UK, 2014-3-17 — /EPR Retail News/ — Following a highly competitive review process of its advertising agency account, leading digital retailer Argos has reappointed CHI& Partners to provide creative support for the next phase of its transformation plan. Argos initiated the review at the end of last year, challenging contenders to deliver a creative idea aligned…

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