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Management

Ahold repurchased 3,784,727 Ahold common shares for € 54.76 million between 24-28 February 2014

Zaandam, the Netherlands, 2014-3-11 — /EPR Retail News/ — Ahold has repurchased 3,784,727 Ahold common shares in the period from February 24, 2014 up to and including February 28, 2014. The shares were repurchased at an average price of € 13.8086 per share for a total consideration of € 54.76 million. These repurchases were made as part of…

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Ahold to acquire SPAR’s business in the Czech Republic for CZK 5,245 million

Zaandam, the Netherlands, 2014-3-11 — /EPR Retail News/ — Ahold is pleased to announce that it has entered into an agreement to acquire SPAR’s business in the Czech Republic for an enterprise value of CZK 5,245 million. The acquisition will be funded from existing cash resources and is subject to merger clearance. Ahold acquires 50 stores, of which…

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Nearly 11,000 Sainsbury’s employees will share £8 million as two Sharesave plans mature

LONDON, 2014-3-10 — /EPR Retail News/ — Nearly 11,000 Sainsbury’s colleagues will share in the company's success as two Sharesave plans mature, with the biggest savers in the five year plan set to profit over £10,000 each, which is also tax-free. With a share price of £3.38 when the three-year and five-year plans matured, Sainsbury's colleagues saw an…

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Rite Aid Corporation announces new health management program Rite Aid Health Alliance

Rite Aid Pharmacists Will Partner With Physicians And Special Care Coaches To Provide Personalized, Community-Based Health Management To Chronic and Poly-Chronic Patients CAMP HILL, Pa., 2014-3-10 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) announced today a new program, Rite Aid Health Alliance, a pioneering health management collaboration among various healthcare providers that provides comprehensive care and…

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The ShopRite of New London initiated voluntary recall of all store-made ground meat

New London, CT, 2014-3-10 — /EPR Retail News/ — The ShopRite of New London, located at 351 North Frontage Road in New London, CT has initiated a voluntary recall of all store-made ground meat produced and sold between 7:00am and 11:00pm on Thursday, March 6, 2014. There is a possibility that these products may contain small pieces of…

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ShopRite begun construction on its newest store in Yardley, PA

New London, CT, 2014-3-10 — /EPR Retail News/ — The ShopRite of New London, located at 351 North Frontage Road in New London, CT has initiated a voluntary recall of all store-made ground meat produced and sold between 7:00am and 11:00pm on Thursday, March 6, 2014. There is a possibility that these products may contain small pieces of…

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CBRE research: Germany is the most sought-after retail market in the world

LOS ANGELES, 2014-3-10 — /EPR Retail News/ — Germany is the most sought after retail market in the world, with 40% of global retailers planning to open a store there in 2014, while U.S. retailers dominate large-scale expansion plans, with almost half aiming to open 40 stores or more, according to the latest research from CBRE…

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Belk invites kids to participate as models in its KidFest fashion show on March 29

Parents and legal guardians interested in having their children ages 4 – 12 participate as models in the KidFest fashion show in their community should contact their local Belk store now to register. CHARLOTTE, N.C., 2014-3-10 — /EPR Retail News/ — Belk hosts its bi-annual Kidfest in-store event Saturday, March 29, from noon – 3 p.m. at all…

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Belk announced grand opening of its new $7 million department store at The Palladium at Deep River Shopping Center in High Point, N.C.

Grand Opening ribbon-cutting ceremony begins at 9:30 a.m. First 300 customers will receive Belk gift cards ranging in value from $5 to $500 New 75,000-square-foot fashion store features latest retail design and decor, expanded lines of premium brands, convenience and a continued focus on customer service and community involvement CHARLOTTE, N.C., 2014-3-10 — /EPR Retail…

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AB Acquisition LLC to acquire all outstanding shares of Safeway for $40 per share

Merger Will Lead to an Enhanced Shopping Experience, Including Lower Prices for Customers Safeway Shareholders Expected to Receive Total Value Estimated at $40 Per Share Cash of $32.50 per share, plus other contingent consideration with an estimated value of $3.65 per share Blackhawk shares with a recent value of $3.95 per Safeway share to be…

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Gap to open its first Taiwan flagship store on March 8

Riding the momentum of global expansion, iconic U.S. apparel brand opens in Taiwan TAIPEI, 2014-3-7 — /EPR Retail News/ — Gap, the iconic American apparel brand, will officially open its first Taiwan flagship store on March 8 as part of its ongoing strategy to expand Gap’s global footprint. With plans to open about 30 Gap stores across its…

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Gap Inc.reported $929 million net sales for February

SAN FRANCISCO, 2014-3-7 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported net sales for the four-week period ended March 1, 2014 were $929 million compared with net sales of $966 million for the four-week period ended March 2, 2013. Gap Inc.’s comparable sales for February 2014 were down 7 percent versus a 3 percent increase…

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BRC-NIELSEN SHOP PRICE INDEX FEBRUARY 2014: the deepest level of deflation since the series began in December 2006

LONDON, UK,  2014-3-7 — /EPR Retail News/ — Overall shop prices reported deflation for the tenth consecutive month in February, accelerating to 1.4% from 1.0% in January. This is the deepest level of deflation since the series began in December 2006. Food inflation slowed to 1.1% from 1.5% in January – the lowest ever recorded. Non-food reported…

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Luca Maestri to succeed Peter Oppenheimer as Apple CFO at the end of September

CUPERTINO, Calif., 2014-3-5 — /EPR Retail News/ — Apple® today announced that Peter Oppenheimer, Apple’s senior vice president and CFO, will retire at the end of September. Luca Maestri, Apple’s vice president of Finance and corporate controller, will succeed Peter as CFO reporting to Apple CEO, Tim Cook. Peter will transition the CFO role to Luca in…

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Dole and Meijer partner to donate salad bars to public schools in Detroit, Cincinnati and South Bend, Ind.

Midwest retailer partners with world’s largest producer of fruits and vegetables to increase fresh produce options at schools WESTLAKE VILLAGE, Calif., 2014-3-5 — /EPR Retail News/ —  What is the main obstacle to getting kids to eat healthier? Research suggests that it might be simply a lack of healthy options – a situation that is even…

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ICSC announced the speaker lineup and highlights for 2014 Specialty Retail Entrepreneur Expo (SPREE) in Las Vegas

NEW YORK, 2014-3-5 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) is pleased to announce the speaker lineup and highlights for the 2014 Specialty Retail Entrepreneur Expo (SPREE), which was recently added to ICSC’s programming after the recent acquisition of Pinnacle Publishing Group, and their publication, Specialty Retail Report. SPREE is the specialty…

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International Council of Shopping Centers announces Keynote Speakers for RECon 2014 on May18-20 in Las Vegas

ICSC Announces RECon 2014 Keynote Speakers NEW YORK, 2014-3-5 — /EPR Retail News/ — Want to understand how to decode the symbols and codes that surround us every day; learn about the future of technology from the founder of Twitter; or how to make money make sense? Then join the International Council of Shopping Centers (ICSC) at RECon,…

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Babies“R”Us, Operation Shower and Heidi Klum hosted grand-scale baby shower for 125 military moms-to-be

Wayne, NJ, 2014-3-5 — /EPR Retail News/ — On Tuesday, March 4, Babies“R”Us® and Operation Shower, an organization that hosts baby showers for military moms-to-be, were joined by fashion designer and mom of four Heidi Klum to shower 125 expectant mothers with joy and much-needed gifts, making it the largest event held by this charity since its inception in 2007. During the…

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Wegmans Food Markets started hiring for its latest Massachusetts location Burlington scheduled to open in fall 2014

BURLINGTON, MA, 2014-3-5 — /EPR Retail News/ — Wegmans Food Markets begins recruitment for full-time positions today for its latest Massachusetts location, Burlington, which is scheduled to open in fall 2014. The company’s third location in the state is part of a shopping and dining destination located on 3rd Avenue in Burlington. Available full-time positions include everything from…

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Dunkin’ Brands Group Inc extends employment contract of Chairman and CEO Nigel Travis through December 2018

CANTON, Mass., 2014-3-5 — /EPR Retail News/ — Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced the extension of Chairman and CEO Nigel Travis‘s employment contract through December 2018. Mr. Travis, 64, whose contract previously ran through December 2016, joined Dunkin’ Brands as CEO in December…

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Harris Teeter donates $2,950 to Paisley Magnet School as part of its Together in Education $100,000 Giveaway

Store Director to Present Check to Paisley Magnet School  Date:           Monday, March 10, 2014 Time:          1 p.m. Location:   Paisley Magnet School                       1400 Grant Ave.                      Winston-Salem, N.C.  27105 Live shots are welcomed! Winston-Salem, N.C., 2014-3-5 — /EPR Retail News/ — Harris Teeter Store Director Wes Holcomb will present a $2,950 check to Paisley Magnet School as part of Harris Teeter’s Together in…

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Marks & Spencer revealed details of this year’s Big Beach Clean-up

Big Beach Clean-up to clear litter on 140 beaches and canals Storm hit beaches to be targeted Thousands of volunteers to clear over 30 tonnes of litter LONDON, 2014-3-5 — /EPR Retail News/ — Marks & Spencer (M&S) today announces details of this year’s Big Beach Clean-up, which will tackle the scourge of litter on 95 UK…

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Marks & Spencer first retailer to receive Carbon Trust’s triple award for achievements in carbon, water and waste reduction

LONDON, 2014-3-5 — /EPR Retail News/ — Marks & Spencer (M&S) has become the first retailer to receive the triple award of certification for achievements in carbon, water and waste reduction from the Carbon Trust. The Carbon Trust Standards are independent certifications recognising organisations that successfully measure, manage and reduce their greenhouse gas emissions, water use and waste,…

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Russia: fraud prevention system IRIS 5 now protects QIWI’s 100,000 self-service kiosks and 15 million e-wallets

Leading Russian kiosk, e-wallet and prepaid card provider deployed full fraud prevention system in record five weeks Paderborn, Germany, 2014-3-5 — /EPR Retail News/ — IRIS Analytics and its sales partner Wincor Nixdorf support QIWI, a leading Russian multichannel provider of next generation payment services, with the full fraud prevention system IRIS 5 in its fight against…

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Federated Co-operatives Limited (FCL) 85th annual meeting in Saskatoon

Saskatoon, SK‎, 2014-3-4 — /EPR Retail News/ — Federated Co-operatives Limited (FCL) had a record-setting year in 2013, but the Co-op brand has to keep evolving to sustain growth over the long-term, Scott Banda, CEO, shared with more than 350 western Canadian delegates at FCL’s 85th annual meeting in Saskatoon. "We face increasingly complex markets with sophisticated…

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Tom Lenkevich appointed president of GIANT/MARTIN’S division at Ahold USA

Carlisle, PA, 2014-3-4 — /EPR Retail News/ — Ahold USA today announced that Tom Lenkevich will join the GIANT/MARTIN’S division as president, effective March 4, 2014, reporting to Bhavdeep Singh, executive vice president, operations, Ahold USA. Singh recently served in the role of GIANT/MARTIN’S division president on an interim basis following Rick Herring’s retirement. Lenkevich will manage…

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Ahold publishes its 2013 Annual and Responsible Retailing Reports

Zaandam, the Netherlands, 2014-3-4 — /EPR Retail News/ — Ahold today published its 2013 Annual Report and 2013 Responsible Retailing Report. Both reports are available as interactive pdfs on Ahold’s website at www.ahold.com. As part of its reporting suite, Ahold also published a “year in review” video hosted by CEO Dick Boer that looks back on some of the…

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Ahold nominated René Hooft Graafland for appointment to its Supervisory Board

Zaandam, the Netherlands, 2014-3-4 — /EPR Retail News/ — Ahold today announced the nomination of René Hooft Graafland for appointment to Ahold’s Supervisory Board, with effect from January 1, 2015. Ahold also announced the appointment of Judith Sprieser as Vice Chair of the Supervisory Board. Pending the approval of Mr. Hooft Graafland’s appointment, Ahold’s Supervisory Board will once…

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Ahold to suspend its share buyback program as from March 7, 2014

Zaandam, the Netherlands, 2014-3-4 — /EPR Retail News/ — Ahold has repurchased 3,784,727 Ahold common shares in the period from February 24, 2014 up to and including February 28, 2014. The shares were repurchased at an average price of € 13.4862 per share for a total consideration of € 51.04 million. These repurchases were made as part of…

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Michael A. Jones appointed chief customer officer at Lowe’s Companies, Inc.

Gregory M. Bridgeford Sets Plans to Retire After 32 Years with Lowe’s MOORESVILLE, N.C., 2014-3-4 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced that Michael A. Jones has been named the company’s chief customer officer, effective April 30, 2014. Jones currently serves as Lowe’s chief merchandising officer, overseeing the full merchandise offering for all…

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