New Zealand: Entries for the 2014 New World Wine Awards open on 12 May

Waiheke, New Zealand, 2014-4-30 — /EPR Retail News/ — Entries for the 2014 New World Wine Awards open on 12 May and top winemakers are encouraging their peers to enter. In addition to the distinction of an award that recognises quality on the same international scale as all other wine competitions, winning winemakers are guaranteed national distribution in New World supermarkets and extensive brand exposure, driving sustained sales.

Simon Swa from Peregrine Wines, which won two gold medals last year for their Saddleback range, says the promotion of New World Wine Awards award-winning wines is a key point of difference from other wine shows.

“There is a well-planned program of in-store promotions, online publicity and printed media that is triggered by a medal win so the commercial benefits are immediate and meaningful. Without doubt, we have enjoyed a notable increase in sales and a heightened level of brand awareness,” said Swa.

Last year 364,000 bottles of the Top 50 wines, with a retail value of $4.7m, were sold throughout New World supermarkets in the first six weeks of the results being announced; the Champion White Wine, Spy Valley’s Marlborough Chardonnay 2012, sold out in a week. That volume of sales in the first six weeks was over 21% higher than in the corresponding period in the previous year, reflecting increasing awareness among consumers of the integrity of these wine awards.

Julie Ibbotson from Saint Clair Family Estate says that alongside a range of other positive reviews and medal results from wine shows all over the world, Saint Clair values the opportunity to showcase their wines at the New World Wine Awards each year.

“The New World Wine Awards has become another credible fixture in the annual New Zealand wine show calendar. Wine show judging credibility is essential and at the New World Wine Awards this has always been of a consistently high calibre,” she said.

The New World Wine Awards is also the only wine show in New Zealand that has a low alcohol category, providing an opportunity for wineries that are at the forefront of responding to consumer demand for high quality reduced or low alcohol wines to benchmark their wines. In addition, the closing date for entries has been extended, which enables more new vintage wines to be entered.

The New World Wine Awards is judged by an independent panel of 13 expert wine judges who blind-taste each wine over the course of two days, using the same internationally recognised 20-point system as other leading wine competitions to ensure the winning wines are the best examples of their type. The only difference is that all wines entered must retail for below $25 a bottle and there must be at least 6,000 bottles of each wine available for sale, responding to consumer demand for high quality but affordable and widely available wines.

This year the judging panel will include Sam Harrop as the guest international judge. Voted the ‘10th most influential wine consultant in the world’ by Drinks Business in 2013, he is also one of only 312 wine experts globally to hold the prestigious Masters of Wine qualification.

The judges will award Gold, Silver and Bronze medals, and a Champion Red, White and Bubbles overall. In addition to the distinction of an award, the top 50 wines will be showcased in 137 New World stores nationwide, online and in the New World Wine Awards booklet.

Entries to the competition close on Friday 20 June. All details are at www.wineshow.co.nz

Ends

2014 New World Wine Awards Judges
Jim Harré – Wine Consultant (Chair)
Sam Harrop – Wine Making Consultant (guest international judge)
Barry Rewai – Clearview Estate
Ben Glover – Mudhouse
Dr. Alistair Leggat – Wine judge
Jane Boyle – Villa Maria
Jeff Clarke – Ara Wine Estate
Kate Radburnd – CJ Pask
Olly Masters – Misha’s Vineyard, Ata Rangi & Seresin Estate
Sam Kim – Wine Orbit
Sarah Kate Dineen – Maude Wines
Simon Nunns – Coopers Creek
Terry Copeland – Wine Consultant

SASCO to release cash dividends for the financial year 2013 with lump sum of 33,750,000 Saudi Riyals

Malaz, Riyadh, 2014-4-30 — /EPR Retail News/ — Reference to SASCO Ordinary General Assembly Meeting (thirty one) held at 4:00 pm of Tuesday April 29th 2014 at SASCO Head office (Al-Ehsa Street Malaz – Riyadh) which was decided to release cash dividends for the financial year 2013 with a lump sum of 33,750,000 Saudi Riyals equivalent to 7.5% of the share par value as (0.75) SR for each share taking into consideration that the profit distribution is eligible for shareholders registers in company’s record at the end of the general assembly day (29th April 2014),

SASCO would like to announce the date of releasing the cash dividends will start on Sunday 25th May 2014 through Al Rajhi Bank, where the dividends will be deposited in current accounts related to investors portfolio for eligible shareholders. Other shareholders don’t have investment portfolio, SASCO would like to request them to open an investment portfolio or review any branch of Al Rajhi Bank to receive their dues.

For any inquiry, please call the toll free number of Al Rajhi Bank 8001228888 or the shareholders affairs department in the company on (011 2068855) Ext. 1112.

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Harris Teeter and Cargill Meat Solutions to host ceremony to present Second Harvest Food Bank of Metrolina with protein and cash donation

Charlotte, N.C. , 2014-4-30 — /EPR Retail News/ — Donation Timed to Celebrate Launch of USDA Certified Very Tender Program at Harris Teeter

Date:        Tuesday, May 6, 2014

Time:        10 a.m.

Location:   Ballantyne Commons Harris Teeter
15007 John J. Delaney Drive
Charlotte, N.C. 28277

Live shots are welcomed!

Tuesday, May 6, 2014, Harris Teeter and Cargill Meat Solutions are hosting a private ceremony to present Second Harvest Food Bank of Metrolina with a donation of both protein and cash in support of its commitment to fighting hunger in the Charlotte community.  Harris Teeter is offering the donation to Second Harvest to celebrate that it is the first retailer in the country to meet the requirements of the USDA Certified Very Tender program.

The USDA Very Tender certification guarantees consumers the highest-quality tender eating experience, and Harris Teeter believes that the program will serve as a useful tool for consumers for whom tenderness is a necessary contributor to their beef purchase.

Representatives from Harris Teeter, Cargill Meat Solutions and Second Harvest will attend the ceremony.

Harris Teeter has partnered with Second Harvest Food Bank of Metrolina for decades, providing the organization with both food and funds to help fight hunger in the Charlotte area. Harris Teeter hosts both in-store campaigns for the food bank and also donates to it through corporate giving dollars.

Following the press conference, Harris Teeter will sample its Angus Boneless Strip Steak, a product which meets the requirements of the USDA Certified Very Tender label. The sampling will take place between 10:30 a.m. and 2 p.m. in front of the store.

For more information about Harris Teeter’s USDA Very Tender Program announcement, click here.

To learn more about the USDA’s Process Verified Programs, visit processverified.usda.gov.

Tesco launches its transformed homeware range with over 2000 new products available online and in store

Cheshunt, England, 2014-4-30 — /EPR Retail News/ — Tesco is helping customers to accessorise their homes with the latest design trends, through the launch of its transformed homeware range. The range, led by a new team, reflects current fashions and offers a choice of five key Spring/Summer trends. It encourages customers to make the most of their home life.

The team of experts has travelled the world for inspiration to bring shoppers the most current styles. There are around 2000 new products online and in store from today – that represents around two thirds of the entire home range.  The five key collections for spring summer 2014 run across home, garden, electrical and stationery. They are:

Monochrome: Classic black and white with a pop of bright yellow for a modern twist, reflects a big trend in clothing across the high street and catwalk

Seaside: This blue, white and red nautical theme offers a breath of fresh sea air across home and garden ware

Sherbet Crush: A twist on spring pastels, this theme is based around aqua blues, raspberry sundae pinks and sunny yellows

Moroccan: Sunset shades and glittering lights create a warm look in garden and home ware

Couture: Florals, pretty pinks and sumptuous fabrics, with a few decorative touches, for those who prefer a luxurious feel

The new home and lifestyle collections sit alongside a variety of fashion and high end brands now also available at Tesco, including Emma Bridgewater, Orla Kiely, Jamie Oliver, Nigella Lawson, Denby and many more, so customers can access great style without breaking the bank.

The new General Merchandise range is firmly anchored around family, food and home, making it easy for customers to get everything they need for a comfortable, stylish and affordable home life.

Alongside style and design, there has also been a strong focus on quality. For example, towels are now double sided for extra softness and thickness; a selection of cushions are made in Britain; the weave density and yarns have been changed across bedding to improve the quality and feel; every one of our painted ceramic dinnerware pieces is hand-dipped with two colour glazes using traditional, artisan methods, so every piece is unique. (Please see editor’s notes).

Steven Rowe, Head of Design for Tesco Home, comments: “I take inspiration from everywhere I go, whether it’s travelling round the world, from the catwalks or watching a film. The trends in the range reflect a variety of designs and colours to offer something for everyone’s taste.”

“Monochrome is likely to be very popular this season because it is so crisp, clean and stylish. For shoppers preferring a more romantic feel, the Couture range is beautiful.”

“As a designer, the stand-out accessories for me have to be the beautiful blue oversized vases from the Seaside trend, they are real statement pieces and will look fantastic in any home,” continues Rowe.

“Customers love being able to be ‘supermarket-chic’, surprising their friends with pieces they’ve picked up that are great quality but with a price tag that their friends will never guess. It’s also convenient as they can browse as they’re doing their weekly shop.”

“Right now, lots of customers tell us they don’t have the money to completely refurbish so they’re being savvy and creative and making over their homes with changes in colours and accessories instead.”

Bernadette Lusher, Commercial Director, UK General Merchandise, explains: “My priority over the last year has been to re-energise the home and lifestyle offer with the latest trends. We’re focused on being the supermarket to offer customers stylish, accessible, design-led products for all aspects of their home life, so you’ll see the trends across other departments as well, including stationery and garden.”

Customers will also notice a change in how the ranges are presented in store and these changes have begun to roll out already.

For more information please contact:

Toni Trow 01992 806 206 toni.trow@uk.tesco.com

Laura Quick 01992 806 986 laura.quick@uk.tesco.com

Jo Offord 01992 646479  jo.offord@uk.tesco.com

Notes to Editors:

  • Each collection usually takes around four to six months to develop
  • 63% of ranges is made up of entirely new products and 82% new packaging

Examples of improved quality:

Bedding:

  • The thread count was increased to 180 thread count percale which improved the weave density
  • Moved to a finer yarn thickness to give a softer hand feel

Towels:

  • Offering two towels in one, the ultra-absorbent, super soft towels are dual-sided with one side made from Nanospun°cotton yarns and the reverse side is 100% 2 ply combed cotton

New stores:

  • Customers have commented on the department store look and feel of the larger stores

Home-made:

  • Our luxurious rose cushions are designed and made right here in the UK

Chinaware:

Every one of our painted ceramic dinnerware pieces is hand-dipped with two colour glazes using traditional, artisan methods so every piece is unique.

The new collections sit alongside fantastic brands at Tesco:

  • Tesco stationery offers brands like Emma Bridgewater Sanderson, Orla Kiely
  • Cook and Dine brands include Jamie Oliver, Denby, Nigella, Gordon Ramsay and many more

Head of Design, Steven Rowe, has worked in the home design market for over 20 years, starting his retail career at Laura Ashley. Since then, he has worked with a number of high street names including Marks & Spencer, BHS and Shop Direct.

Commercial Director, UK General Merchandise, Bernadette Lusher has been tasked with re-energising the home and lifestyle products and trends for the home category and, at the same time, roll out these trends across other departments, giving the customer a new shopping experience and making Tesco a truly design led retailer. Prior to her career at Tesco, Bernadette held several commercial director roles with Marks & Spencer. She is credited with the growth of Tesco’s F+F clothing range.

Shop the range at www.tesco.com/direct

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Sherbet Crush

Sherbet Crush

Walmart and key suppliers commit to accelerate innovation in sustainable agriculture and recycling

Leading CEOs pledge to increase sustainable food production, launch recycling fund

BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ — Walmart today joined forces with CEOs from more than a dozen global companies to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand the availability of products that sustain people and the environment. Together, the participating suppliers represent more than $100 billion in sales at Walmart.

Eight of the largest food companies announced pledges to help ensure that tomorrow’s food supply is affordable and sustainable for the nine billion people projected to inhabit the planet by 2050. The commitments aim to drive more collaboration and efficiency across the current food system. In total, this work is expected to bring eight million acres of farmland into sustainable agriculture programs and eliminate six million metric tons of greenhouse gas emissions (GHGs).

Additionally, companies joined with Walmart and the Walmart Foundation in announcing plans to launch a groundbreaking recycling initiative called the Closed Loop Fund, with the goal of making recycling available to all Americans. The Fund aims to invest $100 million in recycling infrastructure projects and spur private and public funding for transforming the recycling system in the United States.

“Walmart and our suppliers recognize that collaboration is the key to bringing sustainable solutions to all of our customers,” said Doug McMillon, president and chief executive officer of Walmart Stores, Inc. “A great deal of innovative work is happening every day, but there are still too many gaps and missed opportunities. Today’s commitments are about creating real systems change from one end of the supply chain to the other — meaning how products are grown and made, how they’re transported and sold, and how we touch the lives of people along the way.”

Leaders joining McMillon and Walmart executives in Bentonville, included:

  • John Bryant, CEO and president, Kellogg Company;
  • Rob Gehring, global account leader, The Coca-Cola Company;
  • Hugh Grant, chairman and CEO, Monsanto;
  • Fred Krupp, president, Environmental Defense Fund;
  • Kees Kruythoff, president, North America for Unilever;
  • A.G. Lafley, chairman of the board, president, and CEO, Procter & Gamble;
  • Roberto Marques, company group chairman, Johnson & Johnson Consumer Family of Companies, North America;
  • Denise Morrison, president and CEO, Campbell Soup Company;
  • Indra Nooyi, chairman and CEO, PepsiCo;
  • Monique Oxender, senior director, sustainability, Keurig Green Mountain, Inc.;
  • Greg Page, executive chairman of the board, Cargill;
  • Ken Powell, chairman and CEO, General Mills;
  • Carter Roberts, president and CEO, World Wildlife Fund;
  • Peter Seligmann, chairman, CEO and co-founder, Conservation International;
  • Rick Smith, president and CEO, Dairy Farmers of America;
  • John Weinberg, vice chairman and co-head of the Investment Banking Division, The Goldman Sachs Group, Inc.

Accelerating Results

The Expo highlighted several initiatives to further expand access to sustainable products and create more transparency in the supply chain:

  • Together with Procter & Gamble, Walmart announced a commitment to a 25 percent reduction in water per dose for all liquid laundry detergent.
  • In the area of fertilizer management, Walmart last year set a goal of optimizing 14 million acres of farmland with the potential to reduce seven million metric tons of GHGs. Combined with progress already made, the new pledges announced today will help advance that goal by optimizing an estimated 10 million acres and eliminating 8.5 million metric tons of GHGs.
  • Working with Cargill, Walmart is developing a small-scale pilot focused on improved beef supply chain visibility, including increased traceability elements resulting in more visibility from farm to fork. This is part of Walmart’s goal to source 15 percent of its beef supply with environmental criteria by 2023.
  • In collaboration with Conservation International and suppliers, Walmart has converted 27 percent of the palm oil used in its private-brand products from conventional to sustainable palm oil.

The Expo also included updates from EPA experts on sustainable chemistry and presentations by McKinsey and EDF on new tools suppliers can use to scale factory energy efficiency.
Sustainability for All

Walmart also previewed plans to create a sustainability store on walmart.com. The shopping portal, expected to launch by the end of 2014, will allow customers to easily identify brands that are leading sustainability within a category via a special icon.

Walmart shoppers expect everyday low prices, but sustainability concerns are also important, according to a recent survey by Walmart’s Global Customer Insights and Analytics group. The survey found that 96 percent of Walmart shoppers indicated they have purchased sustainable products in the past year.

“No one should have to choose between products that are sustainable and products they can afford,” said Manuel Gomez, vice president of sustainability for Walmart. “We want to make sustainability easy by taking the guesswork out of values-based shopping. Accessibility and transparency really put the customer in the driver’s seat.”

This new online tool for customers and other initiatives to drive sustainability across the supply chain are based on metrics from the Sustainability Index. Since 2009, Walmart and many suppliers, stakeholders and competitors have worked with The Sustainability Consortium (TSC) to develop measurement and reporting systems for product sustainability, including the Index. The tools from TSC offer Walmart a common way to evaluate supplier performance and drive innovation. More than 700 product categories are now covered by the Index.

For more information on the Sustainable Product Expo, and to view the webcast replay of event highlights, please visit: http://news.walmart.com/events/sustainability-product-expo-2014.

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 visitinghttp://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.

Walmart brings first-of-its-kind auto insurance comparison service to its customers in partnership with AutoInsurance.com

Site brings quick and easy access to the auto insurance shopping experience by allowing customers to compare and buy real policies all in one place

BENTONVILLE, Ark., 2014-4-30 — /EPR Retail News/ — Attention drivers! Online comparison shopping for auto insurance just got much easier. To help answer the question, “How do I know I’m getting a great deal on auto insurance?” Walmart is working with AutoInsurance.com to bring customers a first-of-its-kind auto insurance comparison service that helps drivers quickly buy and save significantly on policies.

AutoInsurance.com provides customers with multiple quotes from many of the leading national insurance carriers, including Progressive, Esurance, Safeco, The General and others within minutes. The service is available immediately in Arkansas, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, Tennessee and Texas, with plans to be offered nationwide in the coming months.

The launch of this service stems from a successful pilot that took place in Pennsylvania last year, in which customers who purchased policies from AutoInsurance.com and reported their savings reduced their annual insurance costs by $1,168 on average.

“Our business is driven by a commitment to taking products and services that are complex and pricey and making them easy and affordable,” said Daniel Eckert, senior vice president of services for Walmart U.S. “Our customers too often have to settle for auto insurance policies that aren’t the best fit and cost more than they want to spend. With AutoInsurance.com, we’re helping our customers save money on one of their largest household expenses in a new, quick and easy way.”

“Today, nearly 90 percent of people comparison shop online for products and services like airline tickets, but our survey data shows that only one in five comparison shop for auto insurance,” said Joshua Kazam, founder of AutoInsurance.com. “We want to make comparison shopping for auto insurance much simpler and faster for everyone who wants to save money on their premiums. We believe strongly in the power of comparing. It’s how you know you got a great deal on auto insurance.”

One-Stop Shopping for Auto Insurance

Unlike a lead generator, AutoInsurance.com brings quick and easy access to the auto insurance shopping experience by allowing customers to compare and buy real policies all in one place. Here’s how it works:

  • When customers log on to the website, all they have to do is provide their name, address, date of birth and contact information.
  • They can then opt-in to have the site retrieve their current auto insurance policy. This allows AutoInsurance.com to automatically fill in most of the necessary coverage information and provide a direct apples-to-apples comparison.
  • In just minutes, the customer is provided multiple quotes from leading carriers. They can customize their coverage, including deductibles, and see those choices immediately reflected in the quotes.
  • They can choose to either purchase the policy online immediately, speak with a licensed agent at 800-700-7500, or save their information and make the purchase later. There is absolutely no cost or commitment to use the service.
  • Customers will only be contacted in the future by AutoInsurance.com or the carrier of the policy they purchase.

“Providing our customers with access to a broad assortment – from groceries to tires – at low prices and in one location is what we’re known for. We’re bringing the same one-stop shopping mentality to the insurance industry with AutoInsurance.com,” added Eckert.

How it Started

AutoInsurance.com, which is operated by a licensed property and casualty insurance agency, was created after Walmart had the idea that there needed to be a better way for customers to compare, buy and save on auto insurance. As the exclusive retailer and marketing partner of AutoInsurance.com, Walmart customers will be able to access the service directly from its website at www.walmart.com/autoinsurance.

Existing Barriers and Savings Opportunities for Younger Consumers

According to a national survey commissioned for AutoInsurance.com, which polled over 5,000 drivers, nearly half of respondents felt that they overpay for insurance – including health and auto – more than any other recurring monthly expense.

The same survey also uncovered that auto insurance premiums take a particularly big toll on the finances of millennials who use the internet effortlessly and account for a large portion of online shoppers.

  • One in five millennials – compared to only one in eight baby boomers – spends 10 percent or more of their monthly income on auto insurance.
  • Millennials especially face hurdles to shopping for a new policy. The survey found that 42 percent of millennials say they lack confidence in making their auto insurance purchasing decision compared to 81 percent of baby boomers who do feel confident.

And when it comes to the time it takes to shop around, more than half of respondents don’t feel the savings would justify the effort.

“Every consumer deserves the opportunity to be able to save money on their auto insurance,” said Kazam. “What we’re doing is bringing transparency and simplicity to the shopping process and experience.”

For more information about AutoInsurance.com, please visit http://blog.walmart.comhttp://news.walmart.com/autoinsurance and http://www.autoinsurance.com.

EDITOR’S NOTE:

  • The $1,168 savings is an average based on customers in place in the Commonwealth of Pennsylvania who purchased policies from AutoInsurance.com and reported their savings during the time period from April 2013 to March 2014.
  • The survey was conducted by a national research firm for AutoInsurance.com in February 2014. The sample consisted of 5,228 male and female consumers over the age of 18 who own or lease a vehicle.

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 10,955 stores under 69 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2013 sales of approximately $466 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.

About AutoInsurance.com

AutoInsurance.com is a first-of-its-kind service that helps customers compare, buy and save on auto insurance policies from multiple national insurance carriers online or by phone. Tranzutary Insurance Solutions LLC, which does business as AutoInsurance.com currently in 40 states, is a licensed property and casualty insurance agency. The company is based in Fort Lee, New Jersey with licensed agents in all 50 states operating out of a call center in Charlotte, North Carolina.

Sainsbury’s announced multiple management team changes

LONDON, 2014-4-30 — /EPR Retail News/ — Sainsbury’s today announces a number of internal moves and promotions to its management team, taking effect from 11 May.

  • Roger Burnley, currently MD of General Merchandise, Clothing and Logistics, becomesRetail and Operations Director leading a newly combined team of Supermarkets, Convenience and Logistics
  • Helen Buck, currently Retail Director, becomes Business Development Directorresponsible for developing the business beyond the core. As well as Mobile by Sainsbury’sand Sainsbury’s Energy, this includes Sainsbury’s Online which will be led by Robbie Feather, currently Business Unit Director for General Merchandise & Entertainment, who becomes Director of Online, reporting to Helen
  • Paul Mills-Hicks, currently Business Unit Director for Grocery, is promoted to the Operating Board as Food Commercial Director with Supply Chain, Own Brand, Space & Formats and the Food categories reporting to him
  • James Brown, currently Business Unit Director for Clothing, becomes Director of Non Food Trading, reporting directly to Mike Coupe
  • Peter Griffiths, CEO of Sainsbury’s Bank, joins the Operating Board, reporting to John Rogers, CFO, following Sainsbury’s acquisition of the remaining 50 per cent shareholding in the Bank from Lloyds Banking Group earlier this year
  • Dean Clegg, currently Director of Store Development, becomes Director of Property, reporting to John Rogers

The rest of the Operating Board remains unchanged as follows

  • Tim Fallowfield, Company Secretary & Corporate Services Director
  • John Rogers, Chief Financial Officer
  • Angie Risley, HR Director
  • Jon Rudoe, Digital and Technology Director
  • Sarah Warby, Marketing Director

Justin King, CEO, said: “Mike Coupe and I are working closely to ensure a strong transition as we move towards my departure on 9 July. A key part of our success over the last ten years has been the strength of our leadership team at all levels of our business, and our focus on developing talent from within, ensuring we have a great blend of innovative thinking and experience. The changes we’re announcing today will strengthen an already strong leadership team, and allow us to achieve even greater success in the future.”

Notes to editors

Sainsbury’s plc Board

  • David Tyler, Chairman
  • Justin King, CEO (until 9 July)
  • Mike Coupe, CEO Designate (from 9 July)
  • John Rogers, Chief Financial Officer
  • Matt Brittin, Non-Executive Director
  • Mary Harris, Non-Executive Director
  • Gary Hughes, Non-Executive Director
  • John McAdam, Non-Executive Director
  • Jean Tomlin, Non-Executive Director
  • Susan Rice, Non-Executive Director

Sainsbury’s Operating Board (from 11 May)

  • Justin King, CEO (until 9 July)
  • Mike Coupe, CEO Designate (from 9 July)
  • John Rogers, Chief Financial Officer
  • Helen Buck, Business Development Director
  • Roger Burnley, Retail & Operations Director
  • Tim Fallowfield, Company Secretary & Corporate Services Director
  • Peter Griffiths, CEO of Sainsbury’s Bank
  • Paul Mills-Hicks, Food Commercial Director
  • Angie Risley, HR Director
  • Jon Rudoe, Digital and Technology Director
  • Sarah Warby, Marketing Director

Biographies

  • Roger Burnley, Retail & Operations Director: Roger joined Sainsbury’s Operating Board in March 2006 as Supply Chain Director before becoming Retail and Logistics Director (2008-12). He became Managing Director of GM, Clothing and Logistics in March 2012. Roger was previously the Supply Chain Director at Matalan. He spent his early career in retail management and buying at B&Q before joining ASDA/WalMart, where he held a number of positions before becoming their Supply Chain Director in 2001. Roger is currently Vice President of the Chartered Institute of Logistics and Transport (UK) and in September 2012 he joined the board of Transport for London, for which he is also a member of the Projects and Planning Panel
  • Helen Buck, Business Development Director: Helen joined Sainsbury’s in 2005 running Brand Communications before becoming Business Unit Director of Grocery in 2009. She was appointed to the Operating Board on 19 July 2010 as Convenience Director and became Retail Director in March 2012. Before joining Sainsbury’s, Helen held a number of senior positions at Marks & Spencer, Woolworths and Safeway and was a senior manager at McKinsey & Company. Since December 2011 Helen has been a Non Executive Director of LSL Property Services PLC
  • Peter Griffiths, CEO of Sainsbury’s Bank: Peter was appointed CEO of Sainsbury’s Bank in November 2012. Prior to this he was Group Chief Executive of Principality, the largest building society in Wales, growing it from the 13th largest building society in the UK to the 7th, during his decade in charge. He previously worked for NatWest (1977-2000), and was Chief Operating Officer at Morgan Chambers Plc. He is former Chairman of the CBI Wales and the Building Societies Association, and is a Fellow of UWIC and The Chartered Institute of Management
  • Paul Mills-Hicks, Food Commercial Director: Paul has spent over 10 years at Sainsbury’s, working for Justin King in his first two years as Chief Executive during the formation of the ‘Making Sainsbury’s Great Again’ strategy. Since then, Paul has held a variety of roles in commercial, strategy and finance, most recently as Business Unit Director for Grocery. Prior to Sainsbury’s, Paul’s was European Controller at Marks & Spencer and a Director at UBS Warburg. Paul is a qualified electronic engineer and a Chartered Accountant
  • James Brown, Director of Non Food Trading: James joined Sainsbury’s in 2011 as Business Unit Director for Clothing. He began his retail career with Marks & Spencer, where he was Senior Merchandise Manager for womenswear and for Matalan, as Womenswear Merchandise Controller. He joined Shop Direct Group in 2006 as Merchandise Director progressing to become Trading Director in 2011
  • Dean Clegg, Director of Property: Dean joined Sainsbury’s in 2005 as Managing Director for the South Zone and was also Director for both North and West Zones prior to becoming our Director of Store Development.  He began his career at BHS, and also spent eight years at ASDA as well as two years at Woolworths
  • Robbie Feather, Director of Online: Robbie joined Sainsbury’s in 2011 as Business Unit Director for General Merchandise & Entertainment. He previously worked for John Lewis where he was Buying Director for Electricals & Home Technology and for Asda. Robbie also co-founded his own business, Feather & Black, a multichannel lifestyle furniture retailer with a strong online presence and a chain of 30 shops

About Sainsbury’s

  • Over 1,200 stores, 23 depots and 157,000 colleagues
  • Market share of 16.8 % (Kantar 52 week data to 2 March 2014)
  • c24 million customer transactions per week in 2014
  • 596 supermarkets; Supermarket of the Year 2013 (6th time in eight years – Retail Industry Awards)
  • 618 convenience stores; Convenience Chain of the Year (4th consecutive year – Retail Industry Awards)
  • £1bn online grocery business; over 190,000 orders each week; Online Retailer of the Year 2013 (2nd consecutive year – Grocer Gold Awards)
  • Own brand penetration 51% (vs 47% market norm); leading positions on nutritional labelling, British sourcing, Fairtrade, RSPCA Freedom Foods and MSC
  • £1bn annual turnover in general merchandise; 6th biggest clothing retailer in the UK by volume; full offer in over 400 stores; 36% of our customers buy our non-food ranges

Sainsbury’s the UK’s first retailer to launch Marine Stewardship Council certified sustainable tuna sandwich

LONDON, 2014-4-30 — /EPR Retail News/ — Sainsbury’s is the UK’s first retailer to launch a MSC certified sustainable tuna sandwich. With a range of MSC certified pole & line caught sandwiches and salads launching this month, it follows the retailer’s introduction of MSC certified canned skipjack tuna sourced from the Maldives in 2013. The range, including Tuna Mayonnaise Sandwich launched across stores on Monday 28th April priced from £1.20.

The Marine Stewardship Council (MSC) certified fish is sourced from the Maldives using a low-impact pole and line technique where each wild fish is caught individually to reduce by catch. Sainsbury’s led the way in 2011 with all own-brand canned tuna including that used as an ingredient being fished using pole and line method. It sits alongside the retailer’s achievement at top spot of Greenpeace’s 2014 tuna league table which looks at the sustainability standard of tinned tuna sold in supermarkets.

The range includes:

  • by Sainsbury’s Tuna and sweetcorn sandwich
  • by Sainsbury’s Tuna mayonnaise sandwich
  • by Sainsbury’s Tuna and cucumber sub roll
  • by Sainsbury’s Tuna and sweetcorn pasta salad

Ally Dingwall, Sainsbury’s Aquaculture & Fisheries expert said: “We’re always looking for ways to help our customers make sustainable choices. We’re proud that this launch is another example of offering sustainable values along with everyday value.”

Toby Middleton, MSC Senior Country Manager said: “This is a really important move by Sainsbury’s. The UK’s first MSC certified tuna sandwich is a milestone for sustainable seafood. Tuna is a poster child for sustainable seafood and Maldivian pole and line-caught skipjack tuna was MSC certified in 2012. By choosing tuna from the Maldives tuna fishery, Sainsbury’s is supporting artisanal fishermen who have made an international difference to the way the Indian Ocean fishery is managed.”

The move comes as part of Sainsbury’s 20×20 Sustainability Plan that all the fish we sell will be independently certified as sustainable by 2020.

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Sainsbury’s the UK’s first retailer to launch Marine Stewardship Council certified sustainable tuna sandwich

Sainsbury’s the UK’s first retailer to launch Marine Stewardship Council certified sustainable tuna sandwich

H & M Hennes & Mauritz AB approved dividend of SEK 9.50 per share on its AGM on 29 April

Stockholm, Sweden, 2014-4-30 — /EPR Retail News/ — On Tuesday 29 April H & M Hennes & Mauritz AB held its Annual General Meeting under the chairmanship of lawyer Sven Unger. The AGM approved the dividend of SEK 9.50 per share in accordance with the Board of Directors’ proposal. The record day is 5 May 2014. The dividend is expected to be paid out by Euroclear Sweden AB on 8 May 2014.

The Annual General Meeting adopted the income statement and balance sheet for the parent company and the Group. The AGM discharged the members of the Board and the Chief Executive Officer from liability for the 2012/2013 financial year.

The regular Board members Anders Dahlvig, Lottie Knutson, Sussi Kvart, Stefan Persson, Melker Schörling and Christian Sievert were re-elected by the AGM, which also elected the proposed new members Lena Patriksson Keller and Niklas Zennström to the Board.

Bo Lundquist had declined re-election and Mia Brunell-Livfors left the Board of H&M at her own request as of the end of 2013. As in 2013, the Board of Directors comprises eight members elected by the AGM. Stefan Persson was re-elected as Chairman of the Board.

The regular members appointed previously by the trade unions are Margareta Welinder and Ingrid Godin, with Tina Jäderberg and Rita Hansson as deputy members.

The AGM approved the proposal from the Election Committee that the total Board fees be increased by SEK 500,000 to SEK 5,525,000. The Board fees are broken down as follows: Chairman of the Board SEK 1,500,000; members elected by the AGM SEK 525,000; members of the Auditing Committee an extra SEK 100,000; and the chairman of the Auditing Committee an extra SEK 150,000.

The AGM approved the Election Committee’s proposed principles for the Election Committee and elected the members of the Election Committee for the period up to the appointment of a new Election Committee. The members of the Election Committee are Stefan Persson, Lottie Tham, Liselott Ledin (Alecta), Jan Andersson (Swedbank Robur fonder) and Anders Oscarsson (AMF and AMF Fonder).

The AGM approved the resolution proposed by the Board concerning guidelines for remuneration to senior executives.

Contacts:
Nils Vinge, Head of Investor Relations +46 (0)8-796 52 50, +46 70 796 52 50
Kristina Stenvinkel, Head of Communications +46 (0)8-796 39 08, +46 70 796 54 40

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 17:30 (CET) on
29 April 2014.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday and & Other Stories as well as H&M Home. The H&M Group has more than 3,200 stores in 54 markets. In 2013, sales including VAT were approximately SEK 150 billion. The number of employees amounts to more than 116,000. For further information, visit hm.com.

Home Retail Group announces its results for the 52 weeks to 1 March 2014

Milton Keynes, UK, 2014-4-30 — /EPR Retail News/ — Home Retail Group, the UK’s leading home and general merchandise retailer, today announces its results for the 52 weeks to 1 March 2014.

OPERATING HIGHLIGHTS

  • Good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year
  • Argos Transformation plan progress:
    • Increased internet penetration to 44% of Argos’ total sales, including mobile commerce which grew 89% to account for 18% of total sales
    • Launched improved smartphone and tablet apps
    • Achieved 11.6 million customer registrations
    • Trialled ‘hub & spoke’ distribution model in 49 stores
    • Added aspirational new brands to Argos range
    • Trialled six digital concept stores
  • Homebase Renewal plan progress:
    • Completed another 12 store refits
    • Launched a next-day delivery proposition
    • Grew multi-channel sales by 53%
    • Reduced the store estate in line with plans

FINANCIAL HIGHLIGHTS

  • Sales up 3% at £5,663m
  • Cash gross margin up 2% to £2,034m
  • Operating and distribution costs up £13m to £1,921m as a result of ongoing investment in strategic initiatives across both Argos and Homebase
  • Benchmark operating profit1 up 21% to £113.0m
  • Benchmark profit before tax2 up 27% to £115.4m
  • Basic benchmark earnings per share3 up 35% to 10.4p
  • Reported profit before tax of £71.2m; reported basic earnings per share of 6.8p
  • Year-end cash balance of £331m
  • Full-year dividend up 10% at 3.3p (FY13: 3.0p); final dividend of 2.3p recommended

John Coombe, Chairman of Home Retail Group, commented:

“The Group has delivered a good financial performance in the year and it has maintained its strong financial position with a year-end cash balance of £331m. The Board remains mindful of both the investment needs of the Group and the importance of the dividend to our shareholders and, after careful consideration, it is recommending a final dividend of 2.3 pence and thus a full-year dividend of 3.3 pence. This represents a 10% increase against the previous year.

“I would like to take this opportunity to pay tribute to Terry Duddy who, over the last 15 years, the last seven as Chief Executive of Home Retail Group, has contributed so much to the Group. We wish Terry every success for the future. I would also like to welcome John Walden, who has been running Argos for the last two years, to the Board as our new Chief Executive.”

John Walden, Chief Executive of Home Retail Group, added:

“The Group has delivered a good performance in what remained a challenging market. Both retail businesses recorded positive like-for-like sales for all four reporting periods, resulting in 27% growth in Group benchmark profit before tax. We also made good progress with our strategic plans in both businesses, which will become increasingly important in a competitive retail environment where shopping behaviours are changing rapidly.”

 

1 Benchmark operating profit is defined as operating profit before amortisation of acquisition intangibles, post-employment benefit scheme administration costs, store impairment and onerous lease charges or releases and costs or income associated with store closures and exceptional items.
2 Benchmark profit before tax (benchmark PBT) is defined as profit before amortisation of acquisition intangibles, post-employment benefit scheme administration costs, store impairment and onerous lease charges or releases and costs or income associated with store closures, exceptional items, financing fair value remeasurements, financing impact on post-employment benefit obligations, the discount unwind on non-benchmark items and taxation.
3 Basic benchmark earnings per share (benchmark EPS) is defined as benchmark PBT less taxation attributable to benchmark PBT, divided by the weighted average number of shares in issue (excluding shares held in Home Retail Group’s share trusts net of vested but unexercised share awards).

To view the announcement in PDF, click here.

To watch the webcast, click here.

To watch a video of Chief Executive, John Walden, discussing these results, click here.

Enquiries

Analysts and investors (Home Retail Group)
Richard Ashton Finance Director 01908 600 291
Mark Willis Director of Investor Relations

Media (RLM Finsbury)
Rollo Head 020 7251 3801

There will be a presentation today at 9.30am to analysts and investors at the King Edward Hall, Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ. The presentation can be viewed live on the Home Retail Group website www.homeretailgroup.com. The supporting slides and an indexed replay will also be available on the website later in the day.

An Interim Management Statement, covering the 13 weeks from 2 March 2014 to 31 May 2014, will be published on 12 June 2014.

Certain statements made in this announcement are forward looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from any expected future events or results referred to in these forward looking statements.

 

Petorama announces opening of PANGEA Nature Center inside their store

PETORAMA a Fish & Reptile Specialty store in business since 2004 announces the opening of a Nature Center within the store. 

Mansfield, TX, 2014-4-30 — /EPR Retail News/ — PETORAMA, a fish & reptile specialty store opened a nature center within the store named PANGEA. The 2,500 square feet nature center within the 4,400 square feet store, displays many species of Marine & Freshwater fish as well as lizards, snakes, spiders, turtles, frogs and many other critters. The main display is a 1,100 gallon size stingray / amazon aquarium with a sitting bar.

As per Lambert de Haan, owner of DAS Aquariums and manufacturer of the exhibits on display in the store: “This is a great concept for pet stores world-wide”. “By providing a small nature center within the store, those ‘just visiting the pets’ will have an area in the store dedicated to just that”.

The PANGEA Nature Center is open during regular business hours. Monday through Saturday from 11AM to 7PM and Sundays from 12PM to 6PM. Entrance into the retail part of the store is free, a small fee is charged to enter the Nature Center.

Petorama has been in business in Mansfield TX since 2004 and has transformed from a former full line pet store into a fish & reptile specialty store. All enclosures featured in the store are by DAS Aquariums, a Pet Enclosure & Specialty Aquarium company out of Waxahachie, TX. (www.DASAquariums.com)

Contact Details: Petorama Mansfield
featuring their PANGEA Nature Center
817 453 2043 PH
214 208 6365 Text
www.PangeaWebStore.com