The Hungarian Competition Office (GVH) fined Auchan Hungary nearly €3.5 million for abuse of its market position. An accusation that strongly denies the firm.
Budapest, Hungary, 2015-3-26 — /EPR Retail News/ — Auchan Hungary was informed on March, 23 of the Hungarian Competition Office (GVH) to be fined HUF1.061 billion (i.e. nearly €3.5 million).
"Auchan expresses its total disagreement with the arguments used by this Office…
Retailer
Richfield, MN, 2015-3-26 — /EPR Retail News/ — Best Buy was among the contributors named by the White House yesterday committing to a $240 million effort to prepare students to excel in the fields of science and technology.
Best Buy is teaming up with FIRST, a youth science and technology education nonprofit, to help low-income teens around…
MANCHESTER, UK, 2015-3-26 — /EPR Retail News/ — The Co-operative Food and their premium Hereford beef supplier, Dunbia have picked up the Supply Chain Excellence Award at the prestigious, biannual Northern Ireland Food and Drinks Awards (NIFDA) 2015.
Dunbia supplies all of The Co-operative Food’s own-brand premium “Truly Irresistible” fresh beef, which is all British, as part…
HONG KONG, 2015-3-26 — /EPR Retail News/ — Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, had acquired the Macau-based supermarket operator, San Miu Supermarket Limited.
San Miu operates 15 mass-market supermarkets with an average gross store size of approximately 9,500 sq. ft. The acquisition of San Miu…
Part of Company’s $100K Donation toward Youth Wellness Programming
Matthews, NC, 2015-3-26 — /EPR Retail News/ — Monday, March 23, 2015, Store Director Bob Ramsey presented eight local schools each with a $5,000 check, for a total of $40,000, to support Harris Teeter’s commitment to both youth wellness and education. All eight organizations are within the Charlotte-Mecklenburg school…
LONDON, 2015-3-26 — /EPR Retail News/ — Kingfisher notes the suspension of the shares of Mr Bricolage on the French stock exchange. Kingfisher has been working with the Board and major shareholders of Mr Bricolage in relation to the outstanding condition surrounding Kingfisher's potential acquisition of Mr Bricolage. Kingfisher has been made aware that both the majority…
STOCKHOLM, SWEDEN, 2015-3-25 — /EPR Retail News/ — First quarter (1 December 2014 — 28 February 2015)
Well-received collections for all brands in the H&M group resulted in good sales and increased market share. The H&M group’s sales including VAT increased in local currencies by 15 percent during the first quarter. Converted into SEK, sales excluding VAT…
2015 Big Beach Clean-up to clear litter from 135 beaches and canals 8,000 M&S customers and employees to take par MCS survey shows litter on Britain’s beaches increased 6.4% last year
LONDON, 2015-3-25 — /EPR Retail News/ — Marks & Spencer (M&S) is today calling on customers to join its team of employees, the Marine Conservation Society (MCS)…
SEATTLE, 2015-3-25 — /EPR Retail News/ — One of the largest coffee roasting plants in the world has achieved its target of being a “100% Landfill Diversion” facility, due to Starbucks partners (employees) who led the effort. The accomplishment, certified by Underwriters Laboratories, means that all of the waste produced on site is either recycled…
Boulogne-Billancourt, France, 2015-3-25 — /EPR Retail News/ — On 18 March 2015, Carrefour and TrialPanel staged the second "Preferred by Consumers" Awards. These are prizes that are awarded to products that are given the highest ratings by the consumer community active in the MonAvisLeRendGratuit.com forum that was launched by Carrefour in 2013.
A product in stores for…
ALEXANDRIA, VA, 2015-3-24 — /EPR Retail News/ — NACS has published a new Public Relations Toolkit to help retailers launch their own publicity efforts in their communities — from how to write a press release and craft talking points to how to pitch an interview and elicit great media coverage.
The 24-page NACS Public Relations Toolkit includes overviews,…
NEW HYDE PARK, N.Y., 2015-3-24 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today announced its public offering of $350 million notes due 2045 at a coupon of 4.25% per annum with an effective yield of 4.313%, maturing April 1, 2045. The company intends to use the net proceeds of approximately $342.7 million…
As presenting sponsor, Washington grocery chain is the event’s largest supporter in the state
BELLINGHAM, Wash.,2015-3-24 — /EPR Retail News/ — Haggen, Inc. has announced its partnership with the National Multiple Sclerosis Society, Greater Northwest Chapter, as a sponsor of the nonprofit’s annual Walk MS fundraiser for the 18th consecutive year. This year also marks Haggen’s seventh…
Path Aims to Optimize Shopping Centers by Combining Big Data and Shopper Location Analytics
NEW YORK, 2015-3-24 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) has signed a global sponsorship agreement with shopper location analytics company Path Intelligence. This exciting agreement fuses ICSC’s established and extensive network and resources with Path Intelligence’s innovative…
ROCHESTER, NY, 2015-3-24 — /EPR Retail News/ — Mexican flavors have gone mainstream. Mexican foods outsell hot dogs at American supermarkets, Supermarket Newsfigures show, [source: Supermarket News August 4 2014 edition, Supermarket Categories by dollar sales] and ABC News notes that Mexican restaurants now outnumber Chinese kitchens or Italian bistros.
But there’s a lot more to Mexican cuisine than…
ROCHESTER, NY, 2015-3-24 — /EPR Retail News/ — Wegmans Food Markets, Inc. is recalling approximately 12,540 packages of Wegmans Organic Food You Feel Good About Just Picked Frozen Spinach, 12 oz. (UPC 77890-32932) due to possible contamination with Listeria monocytogenes. The product was sold in the frozen food department of the company’s 85 stores in New York,…
New location includes Mediterranean delights, specialty tea, and rare beers
CHICAGO, 2015-3-24 — /EPR Retail News/ — Whole Foods Market® (Nasdaq: WFM) opens its doors in Chicago’s West Loop neighborhood on Wednesday, March 25 at 8am. The over 42,000 square-foot store at 1 N. Halsted is the third of seven Whole Foods Markets slated to…
Joint Press Release
PARIS, 2015-3-24 — /EPR Retail News/ — Klépierre S.A. (Klépierre) (Euronext Paris and Amsterdam) and Corio N.V. (Corio) (Euronext Amsterdam) today announce that all conditions precedent to the implementation of the merger of Klépierre and Corio have been fulfilled. The merger is scheduled to take effect on 31 March 2015, 23:59 hrs CET.
In…
Core Financial Indicators Exceed Industry Average for Eight Consecutive Quarters E-commerce Business Grew Rapidly with GMV Doubled in Q4 Business Model Upgrade to Total Retail Company to Build Another GOME by 2017
• GOME achieved industry leading results with core financial indicators for eight consecutive quarters:
1. 2014 Sales revenue up 7.0% y-o-y to RMB60.36 billion with…
FORT LEE, Va., 2015-3-24 — /EPR Retail News/ — April is Month of the Military Child and commissaries are celebrating with giveaways and savings for the entire family. "Children in military households face unique challenges because of the demands of military life," said Tracie Russ, DeCA's sales director. "So, at the Defense Commissary Agency, we want to…
LONDON, 2015-3-23 — /EPR Retail News/ — British Land announces it has completed a £733 million property exchange transaction with Tesco. Under the terms of the transaction, British Land has sold its 50% interest in a joint venture portfolio of 21 stand-alone foodstores to Tesco and acquired Tesco’s 50% interest in two joint venture portfolios…
Morrisons is to stop using the Intelligent Queue Management (iQM) system in stores from today (Monday 23rd March 2015).
Bradford, England, 2015-3-23 — /EPR Retail News/ — The system was used to determine how many checkouts to keep open at Morrisons supermarkets using infrared sensors that determine how many customers are flowing through the store.
Now checkout teams…
Chris Tucker Live To Debut Exclusively on Netflix on July 10
Beverly Hills, Calif., 2015-3-23 — /EPR Retail News/ — Actor and comedian Chris Tucker will headline his first full length stand-up comedy special, Chris Tucker Live, premiering exclusively on Netflix on Friday, July 10. Tuckers stand-up comedy performance will be available to stream in all…
What is the role and responsibility of a for-profit, public company?
SEATTLE, 2015-3-23 — /EPR Retail News/ — In its 14th consecutive year of issuing a Global Responsibility Report, Starbucks offers its perspective on what it means to be a corporate citizen in the 21st century and openly shares its progress and challenges.
“I strongly believe that today,…
Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Tesco has regained sole ownership of 21 superstores in a transaction with British Land. The agreement comes as Tesco continues to strengthen its core UK business.
The 21 superstores and associated debt were part of a joint venture between Tesco and British Land and were all subject to RPI-indexed…
Brits are becoming more adventurous in their taste for fish, latest stats can reveal.
Cheshunt, England, 2015-3-23 — /EPR Retail News/ — Many Brits supposedly lack confidence when it comes to preparing and eating fish, with a recent industry survey finding that more than half (56 per cent) of adults don’t consume the recommended weekly amount of…
Boulogne-Billancourt, France, 2015-3-23 — /EPR Retail News/ — Carrefour Brazil launches the Instituto! The Instituto Carrefour is set up as a non-profit making corporate philanthropy body and exists to serve the general public interest. Promoting diversity by working in three different areas: raising people’s awareness of Human Rights, facilitating the professional integration of people who require…
FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — The Defense Commissary Agency presented its 2014 Equal Employment Opportunity Awards March 3.
"As an agency we are dedicated to promoting fairness, objectivity and equality within DeCA's workforce," said DeCA Director and CEO Joseph H. Jeu. "Our award winners personify our commitment to equal employment opportunity."
Leader of the Year:…
FORT LEE, Va., 2015-3-23 — /EPR Retail News/ — Deli and bakery services in 22 commissaries in 12 states face temporary suspension today as the Defense Commissary Agency seeks a new contractor. Six of the 22 commissaries have sushi bars that will also be temporarily suspended.
Today's announcement comes because the agency terminated two deli/bakery service contracts held…
CAMP HILL, Pa., 2015-3-20 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today the terms of an offering of $1.8 billion aggregate principal amount of 6.125% senior unsecured notes due 2023 (the "Notes"). Rite Aid intends to use the net proceeds of the offering, together with other available cash, to fund the cash portion…