Having obtained approval from the anti-trust authorities in Poland*, under certain conditions, Groupe Auchan has just finalised on February, 6th the last part of the acquisition of Real hypermarkets in Eastern Europe with the METRO GROUP.
Croix, France, 2014-2-11 — /EPR Retail News/ — With these additional 57 Polish hypermarkets, Auchan now has 85 hypermarkets in the country…
Management
Zaandam, the Netherlands, 2014-2-10 — /EPR Retail News/ — Ahold has repurchased 3,668,554 Ahold common shares in the period from February 3, 2014 up to and including February 7, 2014.
The shares were repurchased at an average price of € 12.6306 per share for a total consideration of € 46.34 million. These repurchases were made as part…
Paris, France, 2014-2-10 — /EPR Retail News/ — Exito, a Casino subsidiary, announced the signing of an agreement to acquire and operate 50 stores of the Colombian company Super Inter. Exito will acquire 19 stores in 2014 and will operate the 31 remaining ones, which are subject to a call option exercisable in 2015.
Created in 1992, Super…
Manila, Philippines, 2014-2-10 — /EPR Retail News/ — SM Cinema, the largest cinema exhibitor in the country to date, unveiled a Director’s Club Cinema and an IMAX Theatre in the newest expansion of SM Megamall in Ortigas—the Mega Fashion Hall—last January 26, 2014. The Mega Fashion Hall—a high-end wing which will house trendy, global brands from food…
Helsinki, Finland, 2014-2-10 — /EPR Retail News/ — By 24 January 2014, a total of 85,067 new company B shares had been subscribed for with the 2007C options based on Kesko Corporation's 2007 option scheme. The subscribed shares have today been entered in the Trade Register. The whole subscription price of €1,041,220.08 is recorded in the company's…
Krasnodar, Russia, 2014-2-10 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces 25.22% retail sales growth in rubles for January 2014.
During January 2014 the Company opened (net) 36 stores. The total store base reached 8,129 stores (7,234 convenience stores, 161 hypermarkets, 46 “Magnit Family” stores and 688 cosmetics stores).
Preliminary…
Krasnodar, Russia, 2014-2-10 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 47th “Magnit Family” store.
Please be informed that on February 8, 2014 the Company has opened its 47th “Magnit Family” store located at 62, Sovetskaya street, Bugulma, Republic of Tatarstan, Volga federal district. Assortment…
Washington, DC, US, 2014-2-7 — /EPR Retail News/ — The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the January jobs report:
“While it is always positive to see an increase in private sector hiring and a decrease in unemployment, it is alarming that employment can’t shift into a higher gear,”…
Carlisle, PA, US, 2014-2-7 — /EPR Retail News/ — Ahold USA today announced that Rick Herring, president of the Giant Carlisle Division, has made the decision to retire, effective February 14, 2014.
Herring has had a successful career at Ahold companies for nearly 25 years and has made many contributions to the Ahold organization.
Ahold USA COO James…
JCPenney names developers for the development of the vacant land around its Plano, Texas home office
Plano, TX, US, 2014-2-7 — /EPR Retail News/ — JCPenney announced today that it has entered into a new partnership to develop the vacant land around its Plano, Texas home office in the Legacy Business Park. The new partnership will be managed by Team Legacy, a venture of the Karahan Companies, Columbus Realty, and KDC.
The new project,…
London, UK, 2014-2-7 — /EPR Retail News/ — The John Lewis Partnership announces that Denis Hennequin and Keith Williams are to join the Board of John Lewis Partnership plc on 1 March 2014 as non-executive directors.
The Partnership announced on 26 July 2013 that David Barclay, formerly the Partnership's Deputy Chairman, would be retiring as a non-executive director…
Grand Rapids, MI, US, 2014-2-7 — /EPR Retail News/ — For the third consecutive year, Meijer team members and their children will have a chance to receive up to $10,000 to further their college education with the Fred & Lena Meijer Scholarship, a competitive scholarship administered by Grand Rapids Community Foundation.
“Our dad always believed that continued…
Latham, NY, US, 2014-2-7 — /EPR Retail News/ — Price Chopper, QuickCare and Ellis Medicine celebrated the grand opening of the QuickCare center in Price Chopper’s Market Bistro in Latham today, welcoming shoppers and local residents to the convenient, in-store health center.
The three organizations created this innovative and first-of-its-kind in the Capital Region partnership to offer residents access…
Strong peak trading and good progress in delivering our ‘Nouvelle Confiance’ strategic plan
London, UK, 2014-2-7 — /EPR Retail News/ — Darty plc today announces an Interim Management Statement for the period from 1 November 2013 to date. Financial information is for the third quarter period from 1 November 2013 to 31 January 2014, based on unaudited management accounts.
Summary
Good…
Krasnodar, Russia, 2014-2-7 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces the opening of a new distribution center in Voronezh.
Please be informed that the Company has opened a new distribution center (DC) in Voronezh. Total space of the warehouse is about 40 thousand sq. m. Launch of the…
Jena, Germany, 2014-2-6 — /EPR Retail News/ — Intershop Communications AG, the leading independent technology provider for omni-channel commerce solutions, ranks among Germany's best employers. This was one of the findings of a study by the news magazine Focus in cooperation with Xing, the leading professional network in the German-speaking countries, andkununu, the largest German-language employer rating portal. In a…
Matthews, NC, US, 2014-2-6 — /EPR Retail News/ — Store Director to Present Check to Carrboro High School PTSA
Date: Thursday, Feb. 6, 2014
Time: 8 a.m.
Location: Carrboro High School
201 Rock Haven Rd.
Carrboro, N.C. 27510
Live shots are welcomed!
Thursday, Feb. 6, 2014, Harris Teeter Store Director Stephen Roberts will present a $5,000 check to Carrboro…
Company to Celebrate Grand Opening with Ribbon Cutting Ceremony
Matthews, NC, US, 2014-2-6 — /EPR Retail News/ — Harris Teeter is proud to welcome shoppers to its Wards Corner store on Wednesday, Feb. 19, 2014 and is celebrating the grand opening with a ribbon cutting ceremony at 8 a.m. on that day. This location is Harris Teeter’s second…
National Retail Federation Prepares its Objections
Washington, DC, US, 2014-2-5 — /EPR Retail News/ — The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French on the National Labor Relations Board decision to reissue its ambush election rule:
“The National Labor Relations Board has issued its ‘new’ ambush election rule that seeks to limit employees and…
London, UK, 2014-2-5 — /EPR Retail News/ — Overall shop prices reported deflation for the ninth consecutive month in January, accelerating to 1.0% from 0.8% in December. This is the deepest level of deflation since the series began in December 2006.
Food inflation slowed to 1.5% from 1.7% in December. Non-food reported annual deflation of 2.7% in January…
Plano, Texas, 2014-2-5 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) (the "Company") today provided a preliminary update on its sales performance during the holiday and fiscal fourth quarter periods. For the combined, nine-week November and December period, the Company reported comparable store sales growth of 3.1 percent over the same period last…
Cheshunt, England, 2014-2-5 — /EPR Retail News/ — More than 200 British lamb farmers have entered into direct, two year contracts with Tesco, as part of its long-term commitment to British agriculture, the retailer announced today. The contracts represent the first time a major UK retailer has offered formal, two year direct contracts with lamb producers.
The contracts,…
Immochan France is implementing an ethics charter applicable all its partners.Under its CSR policy, Immochan is finalising an ethics charter applicable to all its partners and suppliers that will define the conditions for relations with them.
Croix, France, 2014-2-5 — /EPR Retail News/ — The charter applies from 1 January 2014 and will be appended for all…
Shah Alam, Malaysia, 2014-2-4 — /EPR Retail News/ — GCH Retail (Malaysia) Sdn Bhd, which operates the Giant hypermarket chain, yesterday launched e-debit transaction service at all 128 stores nationwide to provide the convenience of cashless transactions to Malaysian shoppers, said its marketing director Ruben Brusch. It is the first hypermarket chain in Malaysia to offer customers…
Helsinki, Finland, 2014-2-4 — /EPR Retail News/ — Kesko Corporation's shareholders jointly representing over 10% of the votes carried by the company shares have made a proposal to the Annual General Meeting to be held on 7 April 2014 for the number of Board members, their remuneration and the reimbursement of their expenses.
Proposal for the number of…
Helsinki, Finland, 2014-2-4 — /EPR Retail News/ — Kesko Corporation's Board has decided to propose to the Annual General Meeting to be convened for 7 April 2014 that the dividend payable for the year 2013 be €1.40 per share. The Board's Audit Committee proposes that the firm of auditors PricewaterhouseCoopers Oy, Authorised Public Accountants, be elected as the…
Paris, France, 2014-2-4 — /EPR Retail News/ — The Majid Al Futtaim Group - our franchise partner - opened two new stores.
United Arab Emirates – Al Seef Carrefour Market store opens in Abu Dhabi
On 23 January 2014, the Majid Al Futtaim Group - our franchise partner - opened its 25th Carrefour Market supermarket in the United Arab…
Retailers Commit to Collaborative Approach to Reduce Fraud Calls for Coordinated and Comprehensive Response to Recent Cyber Thefts
Washington, DC, US, 2014-2-4 — /EPR Retail News/ — The National Retail Federation today urged Congress to take a comprehensive approach as it contemplates a national response to criminal cyberattacks in which millions of consumers’ credit and debit card numbers were stolen.…
Joanna Lumley, Abbey Clancy and Zoe Ball launch a new initiative from Marks & Spencer and Oxfam to raise money for mothers living in poverty around the world.
London, UK, 2014-2-4 — /EPR Retail News/ — CELEBRITY MUMS Joanna Lumley, Abbey Clancy and Zoe Ball today joined forces to launch ‘Love, Mum’, a new joint campaign from Marks…
Minneapolis, MN, US, 2014-2-4 — /EPR Retail News/ — The data breach that struck our company spotlighted the sophistication of criminal hacker networks operating across the globe. We know the attack created significant concerns for millions of customers. We will learn from this incident and we will work to make Target, and the wider business community, more…