Posted on February 25, 2014 by EPR Retail News Editors

BESTSELLER’s employees donate to three humanitarian projects in India, China and Africa

BESTSELLER EMPLOYEES HELPED MAKE A DIFFERENCE BY DONATING A PART OF THEIR NEW YEAR’S GIFT TO THREE HUMANITARIAN PROJECTS IN INDIA, CHINA AND AFRICA. FOLLOWING THE EMPLOYEE DONATIONS, BESTSELLER AND BESTSELLER FUND TOPPED UP THE DONATION TO THE FULL AMOUNT OF DKK 3.5 MILLION.

Brande, Denmark, 2014-2-25 — /EPR Retail News/ — The money is distributed to each project according to votes received from BESTSELLER’s employees. 42 % voted for the project in China, while the projects in India and in Africa each received 29 % of the votes.

India
Following the cyclone Phailin, BESTSELLER FUND’s partner, Aktion Børnehjælp, is currently visiting the affected areas in the Orissa region to assess how we can help the thousands of victims that were left homeless.

China
On 18 February, BESTSELLER FUND participated in the official launch of a development project that will specifically improve the situation for children in the poor Hubei province. In the coming months, our partners and the villagers in Hubei will start to plan the establishment of activity centres.

Mozambique, Africa
The construction of the chicken houses for the African entrepreneurs is progressing as planned. The first team of enthusiastic agricultural entrepreneurs has been selected for the project. They will soon start to receive training and equipment to establish the first chicken production.

BESTSELLER FUND donates to help Syrian refugees in Lebanon

BESTSELLER FUND HAS SIGNED A CHEQUE OF DKK 2 MILLION TO HELP DANISH REFUGEE COUNCIL DELIVER EMERGENCY AID TO THOUSANDS OF SYRIAN REFUGEES LIVING IN LEBANON.

Brande, Denmark, 2014-2-25 — /EPR Retail News/ — Emergency relief to Syrian refugees in Lebanon

BESTSELLER FUND’s donation will be earmarked to deliver emergency aid to thousands of Syrian refugees in Lebanon. The donation will cover ‘start-packages’ to Syrian families who have fled the war – and have arrived in Lebanon with very few personal items. They need help to start a new life. The start package will vary according to the families’ individual needs, but they may include:

• Mattresses and blankets
• Kitchen utensils (pots, pans, plates, cups and cutlery etc.)
• Baby/children’s accessories (diapers, lotions, soaps etc.)
• Women’s hygienic accessories (soaps, sanitary pads, cloth etc.)
• Food packages (meat, wheat, beans, oil, sugar, salt etc.)

Status on the refugee situation in Lebanon
By January 2014, more than one million Syrian refugees have sought refuge in Lebanon. Approximately 350,000 people receive relief aid and support from the Danish Refugee Council every month. Danish Refugee Council has provided assistance to Syrian refugees in Lebanon since March 2011, when the conflict broke out. Lebanon is currently the organisation’s largest operational land.

Read more about BESTSELLER FUND at bestsellerfund.com

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BESTSELLER FUND donates to help Syrian refugees in Lebanon

Posted on February 25, 2014 by EPR Retail News Editors

FTC clears Bi-Lo Holdings acquisition of all stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize Group

JACKSONVILLE, Fla., 2014-2-25 — /EPR Retail News/ — Bi-Lo Holdings, LLC and Delhaize Group (Euronext Brussels: DELB – NYSE: DEG) today announced they have received approval from the Federal Trade Commission (FTC) to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize. Bi-Lo Holdings agreed to divest 12 Delhaize America stores in the states of Fla., Ga., and S.C., and Delhaize Group has agreed to retain two additional

stores and convert them to the Food Lion banner, pursuant to a consent order accepted by the FTC for public comment on February 25, 2014. The order is subject to final approval by the FTC after the close of a 30-day comment period.

“We have been preparing for the integration of the Sweetbay, Harveys and Reid’s banners and store associates for many months and are delighted to now move forward and welcome them to the Bi-Lo Holdings family,” said R. Randall Onstead, president and CEO of Bi-Lo Holdings.

“We would like to thank the associates of Sweetbay, Harveys, and Reid´s for their outstanding accomplishments,” said Delhaize Group CEO Frans Mueller. “As we complete the transition process, we share our deepest appreciation for their many contributions and service to our customers during their tenure with our company.”

The 12 divested stores and their respective buyers, the two Delhaize America retained stores, and the anticipated transition dates for each store are as follows:

Store	Location	Buyer	Banner	*Deal Closing Dates
Sweetbay #1883	Arcadia, Fla.	Rowe’s IGA X, LLC	Rowe’s IGA	March 22, 2014
Sweetbay #1791	Wauchula, Fla.	Rowe’s IGA VIII, LLC	Rowe’s IGA	March 29, 2014
Sweetbay #1879	Lake Placid, Fla.	Rowe’s IGA VII, LLC	Rowe’s IGA	April 5, 2014
Sweetbay #1795	Dunnellon, Fla.	Rowe’s IGA IX, LLC	Rowe’s IGA	April 12, 2014
Harveys #2374	Statesboro, Ga.	Homeland	Food World	May 3, 2014
Harveys #2375	Statesboro, Ga.	Homeland	Food World	May 3, 2014
Harveys #2336	Vidalia, Ga.	Homeland	Food World	May 3, 2014
Harveys #2378	Bainbridge, Ga.	Food Giant Supermarkets, Inc.	Food Giant	May 10, 2014
Harveys #2379	Madison, Fla.	Food Giant Supermarkets, Inc.	Food Giant	May 10, 2014
Harveys #2349	Waynesboro, Ga.	W. Lee Flowers and Company, Inc.	KJ’s Market IGA	May 10, 2014
Harveys #2370	Sylvania, Ga.	W. Lee Flowers and Company, Inc.	KJ’s Market IGA	May 17, 2014
Reid’s #442	Batesburg, S.C.	W. Lee Flowers and Company, Inc.	KJ’s Market IGA	May 31, 2014
Reid’s #2167	Hampton, S.C.	Retained by Delhaize Group	Food Lion	N/A
Harveys #2398	Americus, Ga.	Retained by Delhaize Group	Food Lion	N/A

*Sorted by buyer

In addition to the sale of the 12 store leases and related assets, the buyers of the 12 stores will provide each store employee the opportunity to interview for continued employment.

Bi-Lo Holdings and Delhaize Group anticipate that the acquisition of the Sweetbay, Harvey’s and Reid’s supermarkets will begin on March 22, 2014 and be complete on May 31, 2014, subject to the satisfaction of remaining closing conditions.

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Posted on February 25, 2014 by EPR Retail News Editors

Old Navy donated over $1M worth of new clothes to survivors of Typhoon Haiyan in Philippines

Donates more than $1 million worth of new clothes to survivors

SAN FRANCISCO, 2014-2-25 — /EPR Retail News/ — Old Navy announced today the donation of more than 100,000 articles of new clothing to the survivors of Typhoon Haiyan that hit the central and southern islands of the Philippines in November 2013.

“At Old Navy, we want to do more than sell clothes and we are committed to supporting the communities where we do business,” said Robert Frank, Executive Vice President, Old Navy International.

Old Navy is opening two new stores – its first ever franchise locations – in Metro Manila in March 2014 through franchise partner Stores Specialists, Inc. “It is indeed heartwarming to know of Old Navy’s plan to reach out to the victims of Typhoon Haiyan via the donation of clothing. We are grateful for their generosity and their desire to support the Philippine community in this way,” added Old Navy franchise partner Anthony Huang, Executive Vice President, Stores Specialist, Inc.

New clothing for the whole family – infants, children and adults – chosen for its suitability for the Philippines’ tropical climate is being shipped to the Philippines and will arrive in February.

Old Navy is partnering with International Relief and Development (IRD), a non-profit with staff that has been on the ground since the first days after the storm’s devastation. The clothing will be distributed directly to typhoon-affected families through IRD’s extensive local network of partner organizations and municipal government agencies.

In addition to Old Navy’s support, Gap Inc. employee donations to CARE to support relief efforts were matched by the company and totaled more than $95,000. The Gap Foundation gave a $65,000 grant to CARE to facilitate long-term recovery and resilience through shelter, infrastructure, and economic development.

“Our investments in communities affected by a disaster focus on long-term recovery and helping to address the needs of those impacted once widespread attention has passed,” said Bobbi Silten, President of Gap Foundation. “Our partnership with CARE to support survivors of Typhoon Haiyan will help rebuild communities and create long lasting change in the region.”

About Old Navy 
Old Navy is a global apparel and accessories brand that makes current American fashion essentials accessible to every family. Originated in 1994, the brand has now grown to one of the largest apparel retailers in North America. A division of San Francisco-based Gap Inc. (NYSE: GPS), Old Navy brings a fun, energizing shopping environment to its customers in more than 1,000 stores in the U.S., Canada and Japan. For more information, please visit www.oldnavy.com.

About Gap Inc.  
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2012 net sales were $15.7 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,100 company-operated stores, over 300 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Posted on February 25, 2014 by EPR Retail News Editors

Gok Wan’s eleventh collection for Tu now availble at over 200 Sainsbury’s stores nationwide

LONDON, 2014-2-25 — /EPR Retail News/ — Step in to Spring with Gok Wan’s elegant new collection for Tu at Sainsbury’s

Ladies we’re excited to announce that Gok Wan’s eleventh collection for Tu is landing in stores tomorrow (Tuesday 25th February) and we for one can’t wait!

The ultimate go-to collection for all your spring must have items, the new collection features 22 stylish pieces, that can be worn separately or to update an existing outfit, and embodies all the qualities the modern woman’s wardrobe should reflect; ease, comfort, style and power.

With a definitive nod to this season’s pretty pastel trend, Gok has also taken inspiration from the SS14 catwalk, combining rose pink hues with delicate whites and muted mocha tones to create a fresh spring-time palette which allows you to embrace the season’s hottest trends, without breaking the bank.

Underpinned by clever tailoring tricks and body-enhancing solutions, for example inner control slips, the new range is easy to wear, incredibly flattering for all figures types, and most importantly creates gorgeous looks that can be worn time and time again.

Shaped by dynamic and versatile separates, which can be worn alone or together for a stylish look, one of our personal favourites includes the Bow Wrap Dress which takes you effortlessly from day to night and versatile Nude Jacquard Trousers which work well with both flat ballet pumps and crisp white shirt or heels and a black evening top.

Gok for Tu is available at over 200 Sainsbury’s stores nationwide in sizes 8-22. For more information and stockist details visit www.sainsburys.co.uk/gok <http://www.sainsburys.co.uk/gok> or call 0800 636 262

Gok for Tu Spring ’14 comprises of 22 pieces, totalling 32 styles when including multiple prints and colour ways. Prices range from £10 – £65

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Gok Wan’s eleventh collection for Tu now availble at over 200 Sainsbury’s stores nationwide

Posted on February 25, 2014 by EPR Retail News Editors

Sainsbury’s CEO Justin King reinforced the importance of British sourcing at today’s NFU conference in Birmingham

Birmingham, UK, 2014-2-25 — /EPR Retail News/ — Justin King, Sainsbury’s Chief Executive reinforced the importance of British sourcing at today’s NFU conference. At a time when the UK faces a storm of adverse weather and economic difficulty the retailer is committed to sourcing closer to home.

Speaking to an audience of farmers, MPs and retailers at the ‘Backing the Business of British Farming’ conference, Justin King takes to the stage seven years since he last addressed the conference. His speech covers the investment made by the retailer and its farmers to drive British innovation, the tough times farming has faced and the unrelenting focus on giving our customers what they want.

Seven years after last speaking at the conference Justin King, Chief Executive at Sainsbury’s said: “A lot has changed, we now source more British products than ever, yet many things have remained the same such as consumer trust. Consumer trust is crucial to the success of our business and of the UK farming industry.

“Together with our farmers we have invested in where and how food is produced, and as we work towards our commitment to double the amount of British food we sell by 2020 our farming Development Groups and UK producers will be key to this.”

Emphasising this commitment, the strategy focuses on: What is British will stay British, selling more British when it is in season and growing produce in Britain that would historically be sourced from abroad. To do this requires development and research, for example converting fresh pork to 100% British last summer or the trial of growing figs in Essex.

Highlights of British sourcing over the years include:

In 2007 we were in the process of establishing our Dairy Development Group – today and we have ten groups covering 2,500 farmers across all the main commodities from pork, lamb, eggs to wheat and produce, giving our farmers confidence and stability to invest.
All our fresh chicken has been 100 per cent British for over 10 years. All our milk, eggs, sausages and many other own brand products are 100 per cent British all year round.
Over the past two years we have invested £2.2m in Sainsbury’s agricultural R&D grants focusing on diverse subjects including: The effects of foot trimming lame sheep, frost protection methods to improve the quality for leeks and extending the British Strawberry Season using LED lighting.
Last July we announced a first-of-its-kind Agricultural Graduate Scheme to attract the brightest young talent into British agriculture and a second intake of our agricultural graduates will start in September.

Posted on February 25, 2014 by EPR Retail News Editors

Tesco hosts seminar “Winning in the new era of retail” for investors and analysts

Tesco is today hosting a seminar for investors and analysts.

Cheshunt, England, 2014-2-25 — /EPR Retail News/ — The seminar will comprise presentations from Philip Clarke (Group Chief Executive), Chris Bush (Managing Director – UK), Robin Terrell (Group Multichannel Director) and Laurie McIlwee (Chief Financial Officer).

Tesco will reiterate its strategic priorities of continuing to invest in its strong UK business, establishing multichannel leadership and pursuing disciplined international growth. The seminar will primarily focus on the long-term strategy for the UK business, including how the capabilities Tesco has built up over many decades position it well for the future and how it is accelerating its efforts to deliver the most compelling offer for customers in the new, multichannel era of retailing.

Tesco will outline the progress that has been made over the past two years to strengthen the foundations of its UK business. It will describe how it is accelerating growth in new channels and investing in sharper prices, improved quality, stronger ranges and better service.

Reflecting its strategic priorities, the Group’s capital expenditure will be even more focused on online and convenience growth and on an accelerated refresh programme for its larger stores. Consistent with its rigorous approach to capital discipline, Tesco will describe a further significant reduction in planned net new space growth, with the result that Group capital expenditure will be reduced to no more than £2.5bn per year for at least the next three financial years.

Tesco will describe to investors how ‘Winning in the new era of retail’ is about putting the customer first and how by delivering the most compelling offer across all channels, it is focusing on increasing loyalty and improving sales, leading to sustainable profits and returns over the medium term, consistent with its financial guiderails.

The seminar will be webcast in full and a copy of the speakers’ slides will be available on the Tesco PLC website (www.tescoplc.com) at the start of the presentations at 2.00pm today (UK time).

Tesco will release its preliminary results for the current financial year on 16 April 2014.

Contacts

Investors: Chris Griffith 01992 644 800

Media: Tom Hoskin 01992 644 645

Brunswick 0207 404 5959

For more information please contact the Tesco Press Office on
01992 644645

We are a team of over 530,000 people in 12 markets dedicated to bringing the best value, choice and service to our millions of customers each week. Our core purpose is ‘we make what matters better, together’.

Posted on February 25, 2014 by EPR Retail News Editors

Axel Hluchy appointed new Managing Director of METRO Cash & Carry Germany

Düsseldorf, Germany, 2014-2-25 — /EPR Retail News/ — With Axel Hluchy (49), METRO Cash & Carry Germany is getting a new managing director. Effective beginning of April, the wholesale professional will take over from Dominique Minnaert who will assume another position within METRO GROUP for health reasons.

Hluchy is presently Managing Director of MAKRO Cash & Carry Czech Republic andMETRO Cash & Carry Slovakia. The graduated economist joined METRO AG in 1997 and was first responsible for introducing the International Accounting Standards (IAS) across the Düsseldorf-based retailing group. In 2000, he took over the position of Director Finance METRO Cash & Carry Bulgaria and in 2002 he assumed the position of Managing Director of the newly founded subsidiaryMETRO Cash & Carry Ukraine. The Rhineland-born held this position for around six years and was responsible for the establishment and expansion of activities in this Eastern European country.

“With Axel Hluchy, an experienced and highly successful wholesale manager is taking over the lead of METRO Cash & Carry Germany in order to continue advancing the repositioning of the company”, said Olaf Koch, Chairman of the Management Board of METRO AG. “Axel Hluchy has led our Cash & Carry business to great success, both in a growth country and also in a mature market. We are pleased that he is now contributing his expertise in Germany”.

The previous Managing Director of METRO Cash & Carry Germany, Dominique Minnaert, will in future coordinate the international expansion of the wholesale activities at METRO GROUP. “We regret that we are losing Dominique Minnaert as the head of our German activities, on the one hand, but we fully understand that he wants to pursue another activity for health reasons”, stressed Koch. “Dominique Minnaert did an outstanding job and set the course for the realignment of the German wholesale business. In the name of the Management Board ofMETRO AG and also of the Supervisory Board of METRO Cash & Carry Germany we would like to warmly thank Dominique Minnaert for his achievements”.

The decision is still subject to approvals by the relevant boards.

METRO GROUP is one of the largest and most important international retailing companies. During the financial year 2012/13 (pro forma), it generated sales of about €66 billion. The company operates around 2,200 stores in 32 countries and has a headcount of around 265,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments:METRO/MAKRO Cash & Carry – the international leader in self-service wholesale – Media Marktand Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

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Posted on February 25, 2014 by EPR Retail News Editors

Carrefour Romania launched new range of cosmetics and personal care products, LES COSMÉTIQUES DESIGN PARIS

BUCHAREST, Romania, 2014-2-25 — /EPR Retail News/ — Thursday, February 20th, Carrefour Romania launched LES COSMÉTIQUES DESIGN PARIS, a new range of cosmetics and personal care products created by experts in France and distributed exclusively in Carrefour stores.

„Beauty is not a luxury, it’s a right! This is the motto of LES COSMÉTIQUES DESIGN PARIS, but also an accessible reality for Carrefour clients. Hydra Science, Kera Science Professional and Nectar of Nature are high quality products and the assortment is available at really advantageous prices for the consumers in Romania.” has stated Andreea Mihai, marketing director at Carrefour Romania.

LES COSMÉTIQUES DESIGN PARIS consists of the following brands:
> HYDRA SCIENCE is a range of professional products for face care, that are based on sea minerals and dermatological active ingredients that promote the synthesis of vitamins.
> KERA SCIENCE PROFESSIONAL is the range of professional products for hair care and styling, designed for all hair types: dyed, without volume, rebellious or damaged.
> NECTAR OF NATURE has a full range of products that are herbal and paraben free, which includes personal care, hair care and facial care products. Face care products have organic certification.

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Carrefour Romania launched new range of cosmetics and personal care products, LES COSMÉTIQUES DESIGN PARIS

Posted on February 25, 2014 by EPR Retail News Editors

Wal-Mart Stores, Inc. to attend the 35th annual Raymond James Institutional Investors Conference on Tuesday, March 4, 2014

BENTONVILLE, Ark., 2014-2-25 — /EPR Retail News/ — Wal-Mart Stores, Inc. (NYSE: WMT) will participate in the 35th annual Raymond James Institutional Investors Conference on Tuesday, March 4, 2014. Walmart U.S. President and CEO Bill Simon will provide an update on the Walmart U.S. business at 10:25 a.m. EST.

Click here to follow Bill Simon’s presentation. The presentation will be webcast live through links at http://news.walmart.com/events/ and a transcript will be available later in the week. The materials will be archived for one year on the company’s website.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better — anytime and anywhere — in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our 10,942 stores under 71 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2014 sales of over $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

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Posted on February 25, 2014 by EPR Retail News Editors

Big Lots to host three job fairs across San Francisco Bay and San Jose areas in early March

COLUMBUS, OH, 2014-2-25 — /EPR Retail News/ — Job seekers can talk with Big Lots store management teams about employment opportunities at three Career Fairs in the San Francisco Bay and San Jose areas the first week of March. The Fortune 500 retailer has opportunities for experienced store management, entry-level management, store associates, and stockers.

In conjunction with work2future and EASTBAY Works, Big Lots will host the Career Fairs at the following times and locations:

Monday, March 3
9 a.m. – 4 p.m.
work2future Job Center
1601 Foxworthy Avenue, San Jose, CA 95118

Tuesday, March 4
10 a.m. – 4 p.m.
EASTBAY Works Tri-Valley One Stop Career Center
5020 Franklin Drive, Pleasanton, CA 94588

Thursday, March 6
9 a.m. – 4 p.m.
EASTBAY Works Business & Career Center
4071 Port Chicago Hwy., Suite 250, Concord, CA 94520

The events will give candidates a chance to meet face-to-face with store and district managers. Qualified candidates are encouraged to bring a resume and a can-do attitude.

“We’re looking for people committed to delivering terrific service in a fast-paced retail environment,” said Regional HR Manager Bill Armstrong. “This is a great opportunity to meet and interact with a prospective employer and make a real impact.”

About Big Lots
Big Lots is America’s largest broadline closeout retailer, operating 1,493 BIG LOTS stores in 48 states. For more information, visit www.biglots.com.

Contact:
Bill Armstrong
Regional Human Resources Manager
925.463.0805

Posted on February 25, 2014 by EPR Retail News Editors

Hy-Vee, Inc. to expand its Minnesota operations into the Twin Cities market

WEST DES MOINES, IA, 2014-2-25 — /EPR Retail News/ — Hy-Vee, Inc., an industry leading grocery retailer with 235 stores in eight states, announced plans today for a major expansion of its Minnesota operations into the Twin Cities market. Hy-Vee has been a fixture in Minnesota communities since 1969 and currently has 17 employee-owned stores statewide with approximately 5,100 employees.

“Our commitment to excellent customer service, health and wellness, and culinary expertise is unlike anything in the market to date,” said Randy Edeker, Chairman, CEO and President of Hy-Vee, Inc. “Minnesota and its residents have long been important partners, and we are proud to extend that partnership into the Twin Cities area.”

The proposed expansion would add several new stores to the Twin Cities market per year, over the next several years. Each store opened will be approximately 90,000-square foot, with an investment of approximately $14-16 million, creating anywhere from 400-550 new jobs.

Hy-Vee is an employee-owned retail corporation dedicated to providing shoppers with quality products and service offerings. Hy-Vee stores emphasize freshness, wellness, variety and one-stop shopping convenience. Store amenities often include: Market Grill or Market Cafe with sit-down, wait-staffed service; pharmacies with drive-up windows; in-store dietitians and wellness department; floral design and shop; certified wine, beer and spirit specialists; specialty cheese and artisan bread; in-store chefs and cooking demonstration stations; and dry cleaning and postal services.

The company has one location under contract in the Twin Cities area, with several more projects in various stages of research and development.

Hy-Vee, Inc. is an employee-owned corporation operating 235 retail stores in eight Midwestern states. For 2013 the company recorded sales of $8 billion, ranking it among the top 25 supermarket chains and the top 50 private companies in the United States.

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Posted on February 25, 2014 by EPR Retail News Editors

AB Acquisition (Albertsons) LLC announced two senior management appointments

Boise, ID, 2014-2-25 — /EPR Retail News/ — AB Acquisition LLC (Albertsons), which operates Albertson’s LLC and New Albertson’s Inc., today announced that Rick Navarro, who had been the Company’s Chief Financial Officer since its inception in 2006, has been appointed Chief Administrative Officer. Succeeding Navarro as the company’s CFO is Robert B. Dimond.

“Our decentralized operating structure requires executives with entrepreneurial mindsets, and the work that Rick and Bob have done in their careers exemplify that trait,” said Bob Miller, CEO of Albertsons. “Our leadership teams at Albertson’s LLC and New Albertson’s Inc. have done a phenomenal job positioning our stores for the future, and both Rick and Bob are capable executives who will help our company to capitalize on that as we look to grow for the future.”

As CFO, Navarro oversaw all aspects of the Company’s financial management, including treasury, accounting and controls, financial planning and analysis, inventory control, payroll, and tax. He was integral to the formation of the Company in its earliest stages and the creation and implementation of its rigorous operations review processes that have been one of the hallmarks of the Company’s success. In his new role, Navarro will oversee the Information Technology, Legal, Business Development, Human Resources and Public Affairs functions.

Dimond brings 24 years of financial and senior executive management experience in the grocery and distribution industry. Dimond most recently served as Executive Vice President, CFO and Treasurer at Nash Finch, a food distribution and retail company with $5.0 billion in annual revenues. In that role, Dimond was responsible for all of the Company’s financial functions, and he also served as the primary contact for all investor relations, investment and commercial banking activities.

Prior to Nash Finch, Dimond was with Wild Oats Markets as Chief Financial Officer and Senior Vice President from April 2005 to December 2006, and he also served as Group Vice President and Chief Financial Officer for the western region of The Kroger Co. (NYSE:KR), as well as Vice President, Administration and Controller for Smith’s Food and Drug Centers. Dimond earned his Bachelor of Science degree in accounting from the University of Utah and is a Certified Public Accountant.

About Albertsons
Established in 2006, AB Acquisition LLC (“Albertsons”), which operates Acme, Albertsons, Jewel-Osco, Shaws & Star Market stores, is working to become the favorite food and drug retailer in every market it serves. The company is privately owned by Cerberus Capital Management, Kimco Realty Corporation, Klaff Realty, Lubert-Adler Partners, and Schottenstein Stores Corporation, and operates 1,075 stores and 14 distribution centers in twenty nine states and employs approximately 115,000 associates. For more information, please visit www.Albertsons.com.

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Posted on February 25, 2014 by EPR Retail News Editors

Target Corporation to webcast its 4th quarter earnings conference call on Wednesday, February 26, 2014 9:30 a.m.

Minneapolis, MN, 2014-2-25 — /EPR Retail News/ — Target Corporation to Webcast 4th Quarter Earnings Conference Call

WHAT: Target Corporation’s (NYSE:TGT) webcast of its 4th quarter earnings conference call.

WHEN: Wednesday, February 26, 2014 9:30 a.m. central time

HOW: Investors and the media are invited to listen to the call through the company’s website at www.target.com/investors (click on link under “Upcoming Events”)

WHO: Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,917 stores – 1,793 in the United States and 124 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week.

For more information about Target’s commitment to corporate responsibility, visit Target.com/corporateresponsibility.

For more information, visit Target.com/Pressroom.