Ethisphere Institute recognized Gap Inc. among the World’s Most Ethical Companies for the 8th year in a row

SAN FRANCISCO, 2014-3-24 — /EPR Retail News/ — For the 8th year in a row, Gap Inc. (NYSE: GPS) has been recognized by the Ethisphere Institute as a 2014 World’s Most Ethical Company®.

“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Gap Inc. joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Gap Inc. for this extraordinary achievement.”

The award recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. To be included on this list, companies must demonstrate leadership in categories such as compliance and ethics, corporate responsibility, sustainability and governance.

“Gap Inc. is honored to again be included among the World’s Most Ethical Companies based on our commitment to grow our global business with high integrity and in a responsible way,” said Wilma Wallace, Vice President, Gap Inc.  “We view this recognition from the Ethisphere Institute as another example that we are living up to our company’s promise—‘to do more than sell clothes.’”

This is the eighth year Ethisphere, an independent center of research promoting best practices in corporate ethics and governance, has published the WME rankings, which appear in Ethisphere Magazine’s March issue.

Additional information about Gap Inc.’s commitment to global integrity can be found online at  http://gapinc.com/content/gapinc/html/investors/corporate_compliance.html/. The full list of the 2014 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.

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 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,100 company-operated stores, over 350 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

About the Ethisphere Institute
The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and governance and enables organizations to improve compliance, mitigate risk, and enhance relationships with employees, business partners, investors and the broad regulatory community. Ethisphere evaluates and benchmarks compliance and governance programs, honors superior achievement through its World’s Most Ethical Companies® recognition program and publishes Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. More information about Ethisphere can be found at: www.ethisphere.com.

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GOME announced stronger-than-expected earnings results in 2013

Special Dividend Declared; Dividend Payout Ratio Increased to 40%
GOME to “Build another GOME” with Open Supply Chain

  • Profit attributable to the owners of the parent company surged to RMB892 million, up 222.5% y-o-y
  • Sales revenue amounted to RMB56,401 million, up 10.4% y-o-y steadily
  • Consolidated gross profit margin remained at high level of 18.4%
  • Declaration of Special Dividend in 2013; dividend payout ratio increased to 40% starting from 2014

Hong Kong, 2014-3-24 — /EPR Retail News/ — GOME Electrical Appliances Holding Limited (HKSE: 493, “GOME” or “The Company”, together with its subsidiaries, “The Group”) today announced the Group’s audited consolidated results for the 12 months ended 31 December 2013. Benefitting from its strong supply chain advantage, the Group recorded sales revenue of approximately RMB56,401 million, up 10.4% year-on-year. In 2013, the Group’s profit attributable to the owners of the parent company surged to RMB892 million, demonstrating its sustainable profitability.

Declaration of Special Dividend; Dividend Payout Ratio Increased to 40%
To share the Group’s operational achievements with its shareholders, the board of directors of the Company (the “Board”) recommended that (1) to declare a 2013 special dividend of HK$2.0 cents (equivalent to RMB1.6 fen per ordinary share); (2) to declare a final dividend of HK$1.3 cents (equivalent to RMB1.0 fen per ordinary share) in accordance with existing dividend policy; (3) to increase the dividend payout ratio from not more than 30% to 40% of the Group’s distributable profit starting from 2014.

GOME to “Build another GOME” with Open Supply Chain
GOME also announced that the Group will upgrade its strategy to become a “Omni-Channel Retailer” from 2014; meanwhile, the Group will open up its low-cost high-efficient supply chain to its business partners to assist in all sales processes, including transactions, settlement, logistics services, after-sales services and support for membership integration and mobile payment, for retailers of all channels, including online and offline retailers. The Group is working towards to achieve its goal to “build another GOME” by 2017.

During the reporting period, riding on the supply chain advantages that include strong procurement, logistics and IT, etc., the performance of physical stores improved further with the sales revenue from comparable stores growing at 13.7% YOY, far outweighing the industry average. The Group’s consolidated gross profit margin remained at a relatively high level of 18.4%; and operating expenses were also optimized effectively.

The low-cost high-efficient supply chain, with strengths in procurement, logistics and IT, contributed to the Group’s strategic success in 2013 and also form solid foundation for GOME’s “Open Omni-Channel Retailer” upgrade strategy. During the reporting period, the Group continued to optimize its store network, opening 93 stores and closing 126 others, bringing the total number of stores (including Dazhong Appliances) to 1,075 in 260 cities across China. The Group also tightened its control over operating expenses through sub-letting and lease termination. Operating expenses as a percentage of sales revenue fell from 18.2% in2012 to 16.6% this year.

With the improved efficiency in its supply chain, the Group has solid cash position. Cash and cash equivalents amounted to approximately RMB9,016 million as at 31 December 2013, up by a significant 27.6% compared with RMB7,067 million in the previous year. The Group’s net cash flows generated from operating activities amounted to approximately RMB1,995 million.

“Omni-Channel Retailer” Upgrade Strategy to “Build another GOME” by 2017 The rapid development of mobile Internet and the prevalence of e-commerce bring an opportunity for the upgrading of GOME’s “Open Omni-Channel Retailer” strategy. Having identified the trend of fragmented consumer behavior in which the consumer chooses “consumption value” from “consumption channels”, GOME will leverage on its valuable platforms, featuring its low-cost high-efficiency supply chain management capabilities as the core competitiveness of GOME.

The Group believes that in the future, its low-cost high-efficient supply chain will continue to boost the Group’s performance and help the Group achieve its goal to “build another GOME” in 2017. GOME will tap into opportunities in mobile Internet development focusing on three strategic priorities under the “Omni-Channel Retailer” strategy to enhance its retail value platform and refocus the crux of its retail business.

  1. Open Supply Chain Tactics: through its Open Procurement Platform, Open Logistics Platform and Open IT Cloud System, the Group will strengthen the MVNO, Accessories and Warranties sectors to enhance consumer loyalty and build up its nation-wide supply chain management services.
  2. Store Network Tactics: GOME will continue to upgrade its store merchandising displays, low price experience and O2M shopping experience to improve in-store turnover. As for the network development, the Group will continue to optimize its store network in first and second tier cities, enhance cross-industry alliances with department stores and supermarkets, etc.. In the third and fourth tier cities, the Group will open new stores and provide supply chain output operations while closing underperforming stores and adjusting inefficient stores.
  3. E-commerce Tactics: the Group will improve the pre-sale, sale and after-sales services to enhance the online shopping experience; strengthen competitive edge in the integration of Online and Offline and the comprehensive supply chain; and win the price competition with the Online/Offline guaranteed under lowest price policy. In addition, the Group has also proposed five major online initiatives, including: online/offline price match, differentiated products, delivery and installation service, major offline models and offline product support.

Mr. Wang Junzhou, CEO of GOME, concluded, “Adhering to the essence of ‘Openness, Collaboration, Sharing, Win-win’ internet thinking, the Group has decided to engage a comprehensive upgrade strategy from being a “multi-channel retailer” to an “Omni-Channel Retailer” which can establish more intensive and effective retail tentacles with an open and wide-range terminal interface to fully meet various needs of different channels and a diverse range of customer groups.

The strong results achieved in 2013 demonstrate the validity and effectiveness of the ‘open supply chain to support GOME’s long-term sustainable earnings’ strategy. This has also strengthened the Group’s confidence in fully implementing the ‘Omni-Channel Retailer’ upgrade strategy. Under the leadership of the Board and the management, we believe that GOME will seize opportunities in the mobile Internet era to gradually become China’s largest and most professional Omni-Channel Retailer, and to generate maximum returns for shareholders and consumers.”

-End-

About GOME Electrical Appliances Holding Limited
GOME Electrical Appliances Holding Limited was listed on The Hong Kong Stock Exchange in July 2004 (HKSE: 00493). The GOME Group was founded in China in 1987 and is engaged in the retail business of electrical appliances and consumer electronics in China. It is the largest retail chain of electrical appliances and consumer electronics and the largest retail chain enterprise in China.

Please visit our website for more information: www.GOME.com.hk.

For further enquiries, please contact:

Hong Kong

Hill+Knowlton Strategies Asia
Samantha Wang Candy Chan
Tel: (852) 2894 6266 / 9418 0271 Tel: (852) 2894 6246 / 9715 8681
Email: samantha.wang@hkstrategies.com Email: candy.chan@hkstrategies.com

Beijing

Helen Song
Tel: 86-10-5928 8815
Email: songjie6@GOME.com.cn

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 of the transaction in April 2014, HWL will have an equity interest of 75.05% and will retain control of A.S. Watson Holdings.

The transaction will allow HWL to partially unlock the value of A.S. Watson as well as set an important valuation benchmark for HWL’s remaining interests. This transaction values A.S. Watson at approximately HK$177 billion, which represents approximately $41.50 per share for HWL shareholders.

A.S. Watson has grown internationally in the past two decades with more than 10,500 stores worldwide, 657 of which are in Hong Kong. Together with our strategic partner Temasek, HWL will further maximise the value and future growth potential of A.S. Watson.

HWL and Temasek have agreed to work together towards listing A.S. Watson at a suitable time.

Special Dividend for HWL Shareholders

As the Company has surplus cash, a strong balance sheet and no immediate capital needs, subject to completion of the transaction and approval of the Board, it intends to distribute approximately 70% of the net proceeds of the transaction in the form of a special dividend of HK$7 per share to its
shareholders.

Commenting on the transaction, Hutchison Whampoa Group Managing Director Canning Fok said, “We are pleased to have Temasek, a renowned international investor, as our long-term partner. This demonstrates their confidence in the growth opportunities and prospects of our retail businesses. A.S. Watson has grown to become the largest international health and beauty retailer in Asia and Europe with 10,500 stores, of which 657 are here in Hong Kong.”

A.S. Watson is the largest health and beauty retailer in Asia and Europe, operating in 25 markets. It provides high quality personal care, health and beauty products, food and fine wines, as well as consumer electronics and electrical appliances. A.S. Watson also manufactures and distributes various bottled waters and other beverages in Hong Kong and the Mainland.

Bank of America Merrill Lynch, DBS, Goldman Sachs and HSBC acted as advisors for HWL in this transaction.

For details of the transaction please refer to our announcement on our website: http://www.hutchison-whampoa.com/en/ir/announcements_group.php.

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About Temasek Holdings (Private) Limited
Incorporated in 1974, Temasek Holdings (Private) Limited is an investment company based in Singapore. Temasek’s portfolio covers a broad spectrum of industries: financial services; telecommunications; media and technology; transportation and industrials; life sciences, consumer and real estate; as well as energy and resources.

About Hutchison Whampoa Limited
Hutchison Whampoa Limited (HWL) is a leading international corporation committed to innovation and technology with businesses spanning the globe. With operations in 52 countries and over 260,000 employees worldwide, Hutchison has six core businesses – ports and related services; property and hotels; retail; infrastructure; energy and telecommunications. HWL reported turnover of approximately HKD413 billion (USD53 billion) for the year ended 31 December 2013.

For more information, please visit www.hutchison-whampoa.com

For media enquiries, please contact:

Hutchison Whampoa Limited
Jeremy Lau
Tel: (852) 2128 1207
Fax: (852) 2128 1766
Email: jeremyl@hwl.com.hk

Moynat opened the doors of its first ever foreign boutique at 112 Mount Street in London

LONDON, 2014-3-24 — /EPR Retail News/ — It’s London calling for Moynat, as the House opened the doors of its first ever foreign boutique on March 12.

Moynat won the hearts of the British travelers with the revolutionary Malle Anglaise (English trunk) unveiled in 1870. The ultra-light trunk instantly became an ideal companion for cross-channel voyages. Now  Moynat has made a move to once again captivate the hearts of the British.

The lineup of the London flagship, located at 112 Mount Street, includes handbags, signature trunks and accessories, as well as two new bespoke styles created for the British market. A personalization atelier located in the boutique will offer hand painting of initials and the possibility to create made-to-measure trunks and handbags.

Celebrating the opening of the boutique and paying tribute to the famous Limousine travel trunk, Moynat has also unveiled a made-to-measure trunk that fits the boot of the iconic English sports car, the Jaguar F-Type convertible.

The new boutique was conceived by designer Gwenael Nicolas. The design drew inspiration from the signature curves of the Moynat trunks and handbags as well as the Art Deco elements from the golden age of the House. The project is the second collaboration with the celebrated designer, who was behind Moynat’s Parisian boutique at 348 rue de Saint-Honoré .

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Moynat opened the doors of its first ever foreign boutique at 112 Mount Street in London

Moynat opened the doors of its first ever foreign boutique at 112 Mount Street in London

Carrefour and Clear Channel unveiled the first of its kind virtual fitting rooms in France

Paris, France, 2014-3-24 — /EPR Retail News/ — The first of its kind in France: from 19 to 25 March, Carrefour will be treating fashion fans to a completely new experience in partnership with Clear Channel. With “My Virtual Look by Tex”, which combines augmented reality and motion recognition, customers can say goodbye to the grind of trying clothes on. All they have to do is stand in front of a screen, swipe through Carrefour’s new Tex collection with their fingers and they can instantly try out new looks. An opportunity for Tex to showcase its new women’s ready-to-wear collection.

“My Virtual look by Tex”: an innovative virtual experience available in stores and on the social networks
Carrefour is creating quite a buzz with “My virtual look by Tex” in partnership with Clear Channel in six of the shopping centres in which its hypermarkets are located in France: Belle-Épine in Thiais (Paris region), Carré Sénart in Lieusaint (Paris region), Beaulieu in Nantes (western France), Ecully in Lyon, Portet sur Garonne in Toulouse (south-western France) and Rives d’Arcins in Bègles (south-western France).

No need to try everything on with “My Virtual look by Tex”. To choose their clothes and create a look for themselves, all customers have to do is stand in front of a screen and use their fingers to swipe through the new Tex collection. They simply select the items that they like. They are then scanned and filmed before appearing on the screen clothed in the items they have selected. And just like in a proper fitting room, they can see themselves from all angles so they can decide which ones to buy with complete peace of mind. An innovation that saves time and makes shopping for clothes easier.

As a way of continuing with the experience on the social networks, Carrefour is inviting these avid followers of fashion to try their luck at winning one of 10 coupons worth €100. Once they have finished trying clothes on, they can have their photo taken from the virtual fitting room and then share it with their friends using the #MonLookVirtuelTEX hashtag.

A technological feat made possible thanks to Clear Channel’s expertise
Clear Channel Play’s Create division – which combines technology, event-staging and creativity – has developed something for Carrefour that is more than just a fitting room: it’s a genuine virtual showroom. Blending augmented reality so that customers can try out different looks with motion recognition so they can see themselves from every angle, the “My Virtual look by Tex” portrait screens/fitting rooms provide a truly innovative experience the likes of which have never been seen in France.

“We are delighted to be able to treat our customers to a new virtual experience the likes of which have never been seen before in France… and to surprise them”, says Thierry Pelissier, Marketing Director for Carrefour France. “’My Virtual look by Tex’ is a glimpse of the future and a new opportunity to introduce our customers to Tex – our brand of clothing and fashion accessories at Carrefour’s low prices”.

“Innovation is what Clear Channel is focused on – innovating new concepts, new methods or new technologies”, says Emmanuel Pottier, Clear Channel Play’s Chief Operating Officer. “Our aim is to make predictions about consumers’ new requirements and develop solutions to meet them, as well as those of advertisers. We are very pleased to have designed “My Virtual look by Tex” with Havas Media France and to be working with Carrefour on this new adventure”.

Carrefour: a retailer that is constantly seeking to innovate and be connected
For 50 years, Carrefour has been constantly evolving and breaking new ground so that its customers are able to enjoy sneak previews of the best innovations. In 2012, Carrefour surprised travellers at railway stations in Paris (Gare de Nord) and Lyon (Lyon Part-Dieu) with its “Virtual stores”, offering them the option to do their shopping via their smartphones in the middle of a station thoroughfare. And in 2013, Carrefour set up a temporary store in front of the Défense during the Wine Fair, offering passers-by the opportunity to discover a selection of Carrefour winds, talk to wine experts and winegrowers and to submit orders directly via their smartphones or tablet computers.

About Carrefour
Carrefour has over 4500 stores in France operating in 4 formats hypermarket, supermarket, convenience and cash & carry). For 50 years, Carrefour has been a partner in the daily lives of millions of customers, offering them a wide range of products and services at the lowest prices. In all its activities Carrefour embraces its economic, social and environmental responsibilities, and is committed to the quality of its products and its customers’ satisfaction.

For more information, visit: www.carrefour.com (press area), www.carrefour.fr

Or follow us on Twitter: @CarrefourFrance

About Clear Channel
Clear Channel Play is the new brand for Clear Channel Outdoor’s digital business. A major world player in Outdoor Communications, it has 750,000 advertising displays in 30 countries on 5 continents, it employs 7800 people and posted turnover of US$3 billion in 2012.

A dedicated and multidisciplinary team that forms part of the Strategy and Innovation Department heads up this business in France. In France, Clear Channel Play currently has 800 full HD 65-inch portrait screens in the country’s 50 largest shopping centres making up an exclusive network of fully digital malls, the Giant Screen at the Défense (66 m²) and Digital Dream (250 m²) at the Quatre Temps shopping centre in Puteaux.

Carrefour press office
+33 (0)1 58 47 88 80 / presse_france@carrefour.com

Clear Channel press office
Véronique Ferrantin – Head of Communications
+33 (0)1 41 86 44 95 / +33 (0)6 85 82 54 27 vferrantin@clearchannel.fr

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Carrefour and Clear Channel unveiled the first of its kind virtual fitting rooms in France

Carrefour and Clear Channel unveiled the first of its kind virtual fitting rooms in France

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 there is variety and a wide range of products in stores matters because you have everything in one place and are free to choose the items you like and that best meet your needs.

> The fact that Carrefour continues to lower its prices matters because it indicates Carrefour’s positive attitude towards its customers.

> The fact that you save money when you fill up at Carrefour filling stations or at CEPSA service stations matters because you accumulate money in your Savings Cheque for your shopping.

> The fact that there are collective plans (65+ and families) matters because they help those collectives to buy fresh produce saving the cost of VAT.

> The fact that Carrefour support over 3,500 local fresh product producers matters because this guarantees better quality and freshness. By helping the local economy, Carrefour also benefits yours, because reducing transport enables us to offer the best prices.

> That Carrefour have various forms of interest-free financing matters because it helps you to have what you want or need in a way that suits you better.

See the first TV advert of the “AT CARREFOUR, EVERYTHING MATTERS” campaign.

Walmart kicks off this year’s largest outdoor living, lawn and garden event featuring Black Friday-like prices

Retailer launches Black Friday-like prices timed to the first days of spring to kick off the season

BENTONVILLE, Ark., 2014-3-24 — /EPR Retail News/ — Walmart is kicking off spring like never before with its largest outdoor living, lawn and garden event of the year, featuring Black Friday-like prices. Starting at 8 a.m. on Friday, March 21, through March 29, Walmart’s Spring Savings Event will offer its lowest prices of the season on more than 60 outdoor essentials.

With nearly twice as many locations compared to the leading home improvement store, Walmart’s Spring Savings Event will include $1.97 per bag red, black or brown mulch as well as brand-name lawn mowers and grills for less from Murray, Snapper, Weber, Char-Broil and more. In fact, Walmart has the largest selection of lawn mowers and grills under $200, the most popular price range for these items.

“Nobody does Black Friday better than Walmart, and we’re bringing that same philosophy to our new outdoor living, lawn and garden event by offering incredibly low prices on the products our customers are looking for,” said Michelle Gloeckler, senior vice president of home, Walmart U.S. “Given the extreme winter many of our customers experienced, we know they are preparing to restore their gardens and outdoor living spaces. This event will help them save money while they transition into the new season.”

Highlights from Walmart’s Spring Savings Event feature everything from Miracle-Gro soil and Roundup weed killer to Black & Decker tools, ColorPlace interior and exterior paint and Westinghouse lighting. Top deals include:

Special buys for the lawn expert

  • Lawn mowers from brands like Murray and Snapper, such as a Murray side-discharge mower – $144
  • Select trees and shrubs – $9.98
  • Bags of red, black and brown mulch (2 cubic foot) – $1.97
  • Miracle-Gro garden soil – Five bags for $10

Deep savings for the outdoor entertainer

  • Seven-piece Mainstays patio furniture set – $298 ($100 savings)
  • Stacking sling chair – $15

Great deals for the grilling guru

  • Backyard Grill 4-burner gas grill with side burner – $148
  • Kingsford Charcoal Grill – $88

The retailer’s lawn and garden offerings, including plants, are also tailored to the climates of each region. For example, customers in southern markets such as Dallas and Atlanta will find warmer-season plants including petunias and marigolds. Customers in northern markets like Chicago and New York will find cold-tolerant varieties such as pansies and snapdragons. Walmart also offers a guarantee for live plants. The retailer will replace perennials, trees, shrubs and foliage within one year with a receipt.*

A large percentage of Walmart’s outdoor living merchandise is part of Walmart’s domestic manufacturing program. In addition, customers can trust Walmart for low prices on outdoor merchandise with the retailer’s Ad Match Guarantee, which will match competitor prices on an identical item, right at the register. More information on Walmart’s Spring Savings Event is available at news.walmart.com/outdoorliving.

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 11,302 stores under 71 banners in 27 countries and ecommerce 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.
*Guarantee does not apply to annuals

*Products available while supplies last

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 Grand Rapids, Mich.-based retailer. 

With more than $100 million saved by mPerks subscribers since 2010, Meijer is among the first retailer to provide interactive spending and savings information to customers. The new features are available for subscribers who enable the digital receipts option on their accounts and enter their mPerks ID each time at checkout.

“Customers who enjoy our everyday low prices and take advantage of mPerks can really see how their savings are adding up and better recognize the overall impact Meijer makes toward stretching family budgets,” said Michael Ross, vice president of customer marketing and emerging technology.

While paper receipts will still print at checkout for all customers, digital receipts will appear 15 minutes after a purchase, and savings graphs on their mPerks accounts will update every 24 hours. Once the features are enabled, users will be able to track how much they have saved in the “Receipts & Savings” section of mPerks. Pie graphs break down savings into various categories and also display overall savings.

In addition to viewing on mPerks.com, the Receipts and Savings features can also be viewed via the Meijer app. The app is available as a free download for iPhone and Android smartphones through Apple Inc.’s App Store and the Android Market, and has many other popular features, including:

  • View and clip digital coupons with the mPerks program
  • Create and check off items on a shopping list
  • Browse sale items and save to a shopping list
  • Earn total purchase savings from Personalized, Pharmacy and Baby Reward programs
  • Receive maps to a nearby Meijer store
  • Search and find products on a store map

Meijer launched mPerks as a way to help deal-seeking customers save money at the register by offering a faster – and more convenient – way to clip coupons. Ross said the program has a redemption rate up to four times higher than the national average and recently reached a milestone of 344 million clips. In 2013, an average of 90,000 customers signed up for the free online program, which keeps savvy shoppers from having to cut, print or even present a coupon upon checkout.

“We’re pleased that so many of our customers are taking advantage of the time- and money-saving resources we have in place,” Ross said. “We’re dedicated to continually introducing solutions that enhance their shopping experience.”

About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 204 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As a pioneer of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. Additional information on Meijer and the ability to shop for more can be found at www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact: Joe Hirschmugl, 616-791-3943, Joseph.Hirschmugl@meijer.com

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

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