Rila’s letter to U.S. Senate Committee on Commerce, Science and Transportation highlights the retail industry progress in preventing cyber attacks

RILA Submitted Comments Wednesday Ahead Of Senate Commerce, Science And Transportation Committee Hearing

Arlington , VA, 2014-3-27 — /EPR Retail News/ — In a statement submitted today to the U.S. Senate Committee on Commerce, Science and Transportation, the Retail Industry Leaders Association (RILA) highlights the progress retailers have made collaborating within the retail industry as well as with other stakeholders in the payments ecosystem to advance payments security to prevent future cyber attacks. The letter was submitted for the record ahead of the Committee hearing, “Protecting Personal Consumer Information from Cyber Attacks and Data Breaches.”

Retailers take the threat of cyber attacks extremely seriously and work diligently every day to stay ahead of the sophisticated criminals behind them.

In the letter, RILA calls on Congress, “to enact federal data breach notification legislation that is practical, proportional and sets a single national standard, replacing the patchwork of state laws currently in place. A federal standard will help ensure that customers receive timely and accurate information following a breach, and any legislation considered by Congress should include three essential provision.”

Creating a single national standard to replace the current patchwork of 46 state notification laws that add unnecessary complexity to the process is extremely important and a concept endorsed by Members of Congress as well as the Administration.

“RILA and the retail industry have taken strides to improve security and form strategic partnerships to improve information sharing,” Bill Hughes, senior vice president of government affairs at RILA, continued in the letter.

In February, RILA launched its Cybersecurity and Data Privacy Initiative. As part of the initiative, RILA called for collaboration among retailers, banks and card networks to advance improved payments security. The RILA plan focused on four major steps that should be taken to improve the security of debit and credit cards.

Another critical part of RILA’s Cybersecurity and Data Privacy Initiative is developing a threat information sharing network for retailers.  The Retail Cybersecurity Leadership Council (RCLC), established as part of the RILA Initiative, had its first in-person meeting at the NCFTA’s facility in Pittsburgh this week to begin exploring models for future information sharing across the retail industry and externally, and will defining next steps in the development of such a network.

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

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Allie Brandenburger
Director, Communications
Phone: 703-600-2063
Email: allie.brandenburger@rila.org

Intershop to sponsor the Coffee Shop at this year’s Internet Retailing Expo at NEC Birmingham, 26-27 March

London, 2014-3-27 — /EPR Retail News/ — Intershop is once again sponsor of the Coffee Shop at this year’s Internet Retailing Expo, which takes place from 26-27 March at NEC Birmingham. As the UK’s leading B2B exhibition for online and multi-channel retailers, Internet Retailing Expo offers a platform for retail industry leaders to meet and discuss strategy and innovation.

Intershop’s UK team will be available at the Coffee Lounge to discuss the latest trends and issues in omni-channel commerce, including how to simplify complex business processes and create rich and rewarding shopping experiences, and whether wearable devices will change the retail landscape in the near future.

Internet Retailing Expo is aimed at the progressive retail business industry. It comprises a traditional trade show with an extensive programme of learning and trade opportunities. For more information, visit www.internetretailingexpo.com.

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services including online marketing. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online atwww.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Intershop Public Relations

Heide Rausch

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
E-Mail

The National Retail Federation to host its second Virtual Career Fair to connect students and young professionals with leading retailers

Register as a recruiter or a candidate at NRF’s Virtual Career Fair

J.C. Penney, Kmart, IKEA, Neiman Marcus, Bridgestone, Among Retail Participants

WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation today announced it will host its second Virtual Career Fair, designed to connect students and young professionals seeking entry-level careers and internships with leading retailers. Recruiters from companies including Macy’s, Nordstrom, Walgreens and Neiman Marcus will participate in the virtual event, offering one-on-one interviews for registered students and professionals. The career fair is free for jobseekers, open to all students and young professionals, and will take place Wednesday, April 2, from 1:00 p.m. – 4:00 p.m. EDT.

“Always on the cutting edge of technology, retailers are constantly seeking new methods to reach the modern-day job seeker, particularly students and young professionals,” said NRF Senior Vice President and Executive Director of the NRF Foundation, Ellen Davis. “The Virtual Career Fair is a valuable tool for retail companies to reach qualified talent across the country, and fill the amazing career opportunities retail offers, in an efficient, cost-effective manner.”

This second event builds on the success of NRF’s first-ever Virtual Career Fair held in October 2013 which attracted over 800 students and young professionals. Of the recruiters that participated in the event and completed the post-event survey, 100 percent said they would take part in an NRF Virtual Career Fair again.

As of March 25, participating employers for the April 2 event include:

•    Bridgestone
•    Gordmans
•    H-E-B
•    HSN
•    IKEA
•    J.C. Penney
•    Kmart
•    Macy’s
•    Neiman Marcus
•    Nordstrom
•    Total Wine & More
•    Walgreens

The career fair provides jobseekers with the opportunity to connect live and one-on-one with recruiters, share information about their background and experience, discuss their resume, and find out more about retail companies and opportunities offered. Following each virtual chat with a recruiter, jobseekers can go back to the “event lobby” and select additional recruiters to chat with from other companies.

Retailers can create their own fully customizable virtual booth that allows executives to engage in online chats with qualified students and young professionals, during which their resumes, work history and more will be available. Retailers can also rate their interactions and record notes about each candidate in order to conduct follow-up interviews with desired candidates.

To learn more about the Virtual Career Fair and the opportunities available for retailers and job-seekers visit http://web.nrf.com/virtualcareerfair.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com.

Kathy Grannis or Bethany Aronhalt (855) NRF-PRESS
press@nrf.com

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The National Retail Federation unveiled new logo for the 103 year-old industry association

 View history of NRF logos

Logo includes distinguishable symbol for “Retail” and represents history of industry, association

WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation today unveiled a new logo for the 103 year-old industry association. The logo, revealed on NRF.com, reflects the progressive, innovative industry that NRF represents, and also recognizes the historic significance of retail and the National Retail Federation.

In an open letter to more than 12,000 member companies sent today and posted on NRF.com, NRF President and CEO Matthew Shay stated, “For more than 100 years, the National Retail Federation has been your eyes and ears – and your voice – on the most important issues of the day. Our rich history as an organization has mirrored the industry we represent – an industry that is exciting, resilient and one of the most dynamic in the world. And in that, we see a bright and limitless future.

“And now we’d like to introduce you to a new NRF…you’ll notice a new logo with a modern, updated image of NRF that speaks both to our past and our future.”

Because the industry has evolved in dramatic fashion over the past decade, NRF decided to remove the iconic shopping bag from its logo and instead add a shopping tag, indicative of all of retail – brick-and-mortar, online, omnichannel, large and small. The most recent logo change for NRF was in 1994.

The unveiling of the new logo is part of a multi-step strategic plan, created in 2010 by the Board of Directors when Shay came on board. As part of the strategic plan, NRF will also launch a new content-focused, user-friendly website and will move its headquarters in Washington D.C.

New York based full-service digital agency Rain designed the logo for NRF.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com.

Bethany Aronhalt or Kathy Grannis (855) NRF-PRESS
press@nrf.com
www.nrf.com/ANewNRF

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The National Retail Federation: PIN-Based Credit Cards must be adopted to reduce risk for merchants and their customers

Technologies Available to Reduce Fraud

WASHINGTON, 2014-3-27 — /EPR Retail News/ — The National Retail Federation told the Senate today that it’s time for an overhaul of the nation’s fraud-prone credit and debit card system, saying banks’ insistence on cards that use a signature instead of a Personal Identification Number puts merchants and their customers at risk. Indeed, card companies have continued to promulgate the use of fraud-prone signature cards despite their own research – conducted almost 25 years ago – that showed that PIN-based cards provided more security for consumers, retailers and banks.

“Everything a fraudster needs is right there on the card,” NRF Senior Vice President and General Counsel Mallory Duncan said, describing how the cardholder’s name and account number are clearly printed on each card along with the expiration date and security code. “The bottom line is that cards are poorly designed and fraud-prone products that the system has allowed to continue to proliferate.”

Duncan comments came in a statement submitted to the Senate Committee on Commerce, Science and Transportation, which is holding a hearing today on criminal cyber attacks in which consumer card numbers have been stolen. He said current magnetic stripe cards with signatures are too easy to duplicate and forge.

“There are technologies available that could reduce fraud,” Duncan said. “An overhaul of the fraud-prone cards that are currently used in the U.S. market is long overdue.”

NRF has long-advocated for replacing current cards where consumers sign to approve a transaction with next-generation cards that would require use of a PIN. With or without an embedded microchip, a PIN-based card would provide greater security for consumers and retailers alike, Duncan said.

“Protecting all cards with a PIN instead of a signature is the single most important fraud protection step that could be taken quickly,” Duncan said. “It’s proven, it’s effective, and it’s relatively easily implementable. PIN debit cards are close to ubiquitous worldwide, and readily producible in the U.S. Chip is a desirable add-on. If speed of implementation is of importance, then substituting PIN for signature is preferable to implementing chip.”

Along with switching to more-secure, PIN-based cards, NRF supports additional steps aimed at preventing fraud and data breaches, including end-to-end encryption of data, tokenization rather than storing data, and mobile payments.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E. Schatz or Bethany Aronhalt (855) NRF-Press
press@nrf.com
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Lowe’s Heroes employee volunteers and local Habitat for Humanity affiliates to build homes in 10 cities across America

  • Hundreds of Lowe’s Heroes frame homes at Lowe’s stores and in Times Square
  • Visit Habitat.org/Lowes to learn how you can help

MOORESVILLE, N.C., 2014-3-27 — /EPR Retail News/ — Hundreds of Lowe’s Heroes employee volunteers teamed up with local Habitat for Humanity affiliates Friday to build homes in 10 cities across America and kick off “Hammers for Habitat,” a nationwide volunteer drive to mobilize 100,000 new volunteers to raise a hammer for Habitat this year.

From Seattle to Atlanta, volunteers framed homes in Lowe’s store parking lots and left several standing through the weekend to raise awareness of the need for volunteers to help Habitat reach its goal of serving one million people annually by 2018. In New York, volunteers from eight Lowe’s stores partnered with Habitat for Humanity in Monmouth County to raise the walls of a new home in the middle of Times Square.

“To help a family that was really hard hit, it’s just a great thing. It really does renew your faith in people,” said Leslie Morris, whose home of 16 years was destroyed by Hurricane Sandy. “There are great people out there that want to do good things for people that had some bad things happen to them. Maybe that will inspire other people to get involved.”

In addition to New York City, homes were framed in Lowe’s parking lots in Atlanta, Baton Rouge, La., Charlotte, N.C., Denver, Houston, Las Vegas, Los Angeles, Seattle and St. Louis. In the coming months, Habitat will work in partnership with local families in those cities to complete the homes. For downloadable photos and b-roll of the events, click here.

“Lowe’s has been one of the bedrock partners for Habitat for many years,” said Habitat for Humanity International CEO Jonathan Reckford, who participated in the Times Square build. “We’re so excited about our long-term partnership, the effort to get 100,000 new volunteers active in Habitat’s work and the ripples of impact that will come from that.”

Lowe’s recently renewed its commitment to Habitat for Humanity with a five-year, $23.5 million donation that will bring Lowe’s total contributions to more than $63 million since 2003. In celebration of their renewed partnership, Lowe’s and Habitat launched Hammers for Habitat. They are asking men and women across America to give one day to help make the dream of home ownership a reality for a family in their community. Individuals interested in volunteering can find more information at Habitat.org/Lowes.

About Habitat for Humanity International
Habitat for Humanity International’s vision is a world where everyone has a decent place to live. Anchored by the conviction that housing provides a critical foundation for breaking the cycle of poverty, Habitat has helped more than 4 million people construct, rehabilitate or preserve homes since 1976. Habitat also advocates to improve access to decent and affordable shelter and supports a variety of funding models that enable families with limited resources to make needed improvements on their homes as their time and resources allow. As a nonprofit Christian housing organization, Habitat works in more than 70 countries and welcomes people of all races, religions and nationalities to partner in its mission. To learn more, donate or volunteer visit habitat.org. 

About Lowe’s
Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. The company’s signature education grant program, Lowe’s Toolbox for Education®, has donated more than $38 million to 8,000 K-12 public schools, benefiting more than 5 million schoolchildren. Lowe’s Heroes employee volunteers support local community projects and our national nonprofit partners such as Habitat for HumanityRebuilding Together and the American Red Cross. Since 2007, Lowe’s and the Lowe’s Charitable and Educational Foundation together have contributed nearly $200 million to improve communities in the United States, Canada and Mexico. To learn more, visit Lowes.com/SocialResponsibility and LowesInTheCommunity.tumblr.com.

Sigma Pharmaceuticals Limited to acquire Central Healthcare Pty Ltd for $24.5 million

• Sigma has purchased Central Healthcare for $24.5 million
• Further potential for an earn-out payment at 30 June 2015
• Acquisition will be immediately earnings accretive and will generate approximately $3.5 million in additional annual EBITDA in first full year of operations
• ACCC clearance already received

Victoria, Australia, 2014-3-27 — /EPR Retail News/ — Sigma Pharmaceuticals Limited (Sigma) is pleased to announce that it has entered into an agreement to purchase all of the issued capital of Central Healthcare Pty Ltd (Central Healthcare) for $24.5 million, with the potential for a further earn out payment at 30 June 2015.

The acquisition has already received clearance from the ACCC.

Central Healthcare is a wholesaler and distributor of pharmaceutical products to hospitals and retail pharmacies and is an approved CSO distributor in Victoria, NSW, ACT and Queensland. Central Healthcare also owns and manages the Pharmasave retail brand.

Central Healthcare has annual sales revenue of over $200 million and is expected to initially generate approximately $3.5 million annual EBITDA.

Central Healthcare and Sigma will continue to operate as stand-alone businesses. Importantly, the current CHS and Pharmasave management teams will continue to be the driving force behind these businesses.

“This acquisition is strategically important to Sigma as it will open new avenues for growth and will be immediately positive for EBITDA.’’ said Sigma’s CEO and Managing Director, Mark Hooper.

“Central Healthcare also provides Sigma with an opportunity to diversify its service offering by establishing an independently operated wholesale and retail channel that can leverage Sigma’s financial strength and national infrastructure to expand and develop new business models to meet the changing needs of the Australian pharmacy landscape,’’ Mr Hooper said.

Since 2010 Central Healthcare and Pharmasave have developed innovative pharmacy retail services and distribution strategies that have seen the group become one of Australia’s fastest growing retail pharmacy brands servicing over 170 stores nationally.

Sue Morgan
General Counsel and Company Secretary

SIGMA PHARMACEUTICALS LIMITED
ABN 15 088 417 403
PO Box 2890 (3 Myer Place) Rowville Victoria 3178 Australia
Telephone: +61 3 9215 9215 Facsimile: +61 3 9215 9799

The Home Depot® Foundation announced additional $3.9 million in grants to support veterans’ housing

Foundation Announces Nearly $4 Million in Additional Grants for Veterans’ Housing, Part of Five-Year, $80 Million Commitment

ATLANTA, 2014-3-27 — /EPR Retail News/ — Today (March 26, 2014), The Home Depot® Foundation announced an additional $3.9 million in grants to organizations across the country that address veterans’ housing needs. The recent round of grants brings the Foundation’s financial contributions to the issue to $65.7 million since launching its mission in the spring of 2011 of ensuring every veteran has a safe place to call home. To date, donations made by The Home Depot Foundation have impacted more than 10,200 units of veterans’ housing.

In the most recent round of grants, The Home Depot Foundation is providing project funding that includes:

• $1.7 million to nonprofits to repair or construct 323 units of permanent supportive housing for veterans, including 225 units that serve veterans with families.

• $800,000 to nonprofits that will provide transitional housing to 131 homeless veterans.

• $400,000 to a nonprofit organization that offers 58 women veterans and their families a permanent supportive housing solution.

• $875,000 to provide critical home repairs and maintenance to 126 single-family homes owned by veterans and their families.

“We know that too many veterans struggle with issues related to housing: nearly 60,000 U.S. veterans are homeless on any given night, and women veterans, many of whom have children, are the fastest-growing segment of this homeless population, while several million others live with a service-connected disability,” said Kelly Caffarelli, president of The Home Depot Foundation. “As we work toward our mission of ensuring every veteran has a safe place to call home, we are committed to funding nonprofit organizations that address veterans’ needs at every point on the housing continuum.”

The Home Depot Foundation’s latest grants to organizations that address veterans’ housing needs include: Grant Amount Organization Location Primary Focus of Grant
$500,000 Community Solutions Washington, D.C. Support the new construction of 125 units of affordable housing, including 60 for veterans; units targeted to formerly homeless veterans using Housing First model.
$300,000 Center for Veterans Issues Green Bay, WI Support construction of Veterans Manor, a new 50-unit permanent supportive housing facility for veterans.
$300,000 Habitat for Humanity of Greater Los Angeles Los Angeles, CA Provide critical home repairs to 25 low-income veteran homeowners and their families.
$300,000 PATH Ventures Los Angeles, CA Support construction of Vermont Villas, which will have 80 one-bedroom permanent supportive housing units, including 41 units reserved for low-income and homeless veterans, veterans with small families and veterans with a caregiver.

 

 

$300,000 USO Fort Belvoir, VA and Bethesda, MD Support the construction of USO Warrior and Family Center at Fort Belvoir, VA and Walter Reed National Military Medical Center.
$275,000 National League of Cities Washington, D.C./ Nationwide Support programs and events that aim to eliminate and prevent veteran homelessness in cities across the country.
$250,000 Longview Housing Authority Longview, WA Renovate three housing sites, totaling 25 units for homeless and low-income veterans and their families.
$200,000 HELP USA Philadelphia, PA Support the construction of an affordable housing facility that will have 60 units, including at least 12 specifically for veterans.
$200,000 Rebuilding Together Pittsburgh Pittsburgh, PA Provide critical home repairs and accessibility modifications for 35 veteran homeowners and their families.
$200,000 The Empowerment Program Denver, CO Support the construction of Odyssey Family Residences, 36 permanent affordable housing units for women veterans with children.
$200,000 Twin Cities Habitat for Humanity Minneapolis/St. Paul, MN Support construction of new homes for two veteran families; provide critical home repairs to five veteran homeowners; and provide home repairs and accessibility modifications to 15 veteran homeowners.
$200,000 Veterans Village of San Diego San Diego, CA Support the construction of Women’s Veterans Center, 20 one-bedroom transitional affordable housing units for homeless women veterans.
$200,000 Women’s Institute for Housing and Economic Development Newington, CT Support the construction of a permanent supportive housing facility for 74 veterans and their families, including 22 women veterans.
$175,000 Meals on Wheels Atlanta Atlanta, GA Provide critical home repairs and energy-efficiency improvements for 44 veteran homeowners and their families.
$100,000 Buffalo Valley Nashville, TN Support development of Patriot Place, which includes 30 units of permanent supportive housing for formerly homeless veterans and their families.
$100,000 Caritas Communities Boston, MA Convert vacant police precinct into Patriot Homes, a 24-unit affordable housing complex for veterans and their families.
$100,000 Hoosier Veterans Assistance Foundation Indianapolis, IN Renovate Warman Woods, a transitional housing facility that houses 47 veterans.
$85,000 Three Hots and a Cot Birmingham, AL Complete rehab and renovations on nine properties that offer permanent supportive housing to 44 veterans and their families.

 

For more about The Home Depot Foundation’s efforts to address veterans’ housing needs, follow The Home Depot Foundation on Twitter

@homedepotfdn, #TeamDepot, like us on Facebook at www.facebook.com/homedepotfoundation www.homedepotfoundation.org.

About The Home Depot Foundation
The Home Depot Foundation is dedicated to improving the homes of U.S. military veterans through financial and volunteer resources to help nonprofit organizations. The Foundation has pledged $80 million to these efforts over five years, and since 2011 has invested more than $65 million to ensure every veteran has a safe place to call home.

Through Team Depot, the company’s associate-led volunteer program, thousands of Home Depot associates volunteer their time and talents to positively transform neighborhoods and perform basic repairs and modifications to homes and facilities serving veterans with critical housing needs.

Since its formation in 2002, The Home Depot Foundation has granted more than $380 million to nonprofit organizations improving homes and lives in local communities. To learn more and see our associates in action, visit

www.homedepotfoundation.org.

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For more information, contact

Lisa Walsh
The Home Depot Foundation
770-384-4281
Lisa_Walsh@homedepot.com

Ben Owens
The Home Depot Foundation
770-433-8211 x 84133
Benjamin_Owens@homedepot.com