Tesco starts online grocery home delivery service in Shetland

  • Customers welcome savings in time and petrol
  • New service creates 30 new jobs
  • Click & Collect to launch on June 4

Cheshunt, England, 2014-5-30 — /EPR Retail News/ — Tesco reached a major milestone in the history of its online grocery home delivery service this week by taking shopping ordered on the net to customers in Shetland for the first time.

The new service is operated out of Tesco’s store in Lerwick which has recently been especially extended.

The first customer to receive their shopping straight to their door, delivered by one of three new specially adapted Mercedes vans was Alison Smedley of Hillswick.

Alison said:

“When I found out online grocery home delivery was coming to Shetland, I was very excited as I realised how much time and money I would save. I think it’s a fantastic service

“Driving to Lerwick and back takes me at least two hours and I end up having to spend the day in town, I’m also saving  on the petrol it takes to make the trip.

“It’s brilliant timing for me as I have a new baby on the way in the next few weeks. “

The new service gives me the opportunity to spend more time with  my family to do the things we enjoy doing together.”

Another customer, Kelly Tait from Clousta said:

“I’m delighted, it’s given me more time to be a mammy. There’s nothing worse than dragging bairns around Tesco. This will save me time and money and I can get what I need. The guys who delivered were super. I can’t fault it.”

Shetland’s Grocery Home Delivery and  Click &Collect (which starts on June 4) are also great news as 30 full and part-time positions have been created as part of the scheme.  Alan Woodworth, one of the new Customer Delivery Assistants said:

“ It’s going really well so far and our customers seem very pleased with the new service we’re providing. I’ve managed to have a bit of a laugh and there have been lots of “thank-yous” between customers and colleagues.  I’m enjoying going out and about around Shetland”

Lerwick Tesco store manager Paul Clelland accompanied the first deliveries. He said:

“The feedback from customers has been amazing – we know that this service has been hugely anticipated and that’s why I’m so pleased that it has got underway.

“Getting to speak to our first customers on the doorstep has been a  wonderful experience. You realise what it means to them and we’re glad to be making things that little bit easier.”

“We’re also really pleased to welcome new colleagues to our  team. Having completed their training, our drivers are keen to get out into the community to deliver customers’ shopping and to start making things just that bit more convenient for them.”

Background

To find out more and book a grocery delivery slot go to Tesco.com.

You can see pictures from our first deliveries at facebook.com/TescoLerwick.

Slots for delivery in Lerwick, Scalloway, Burra and the South Mainland are available seven days a week, North Mainland and Muckle Roe 4 days a week, and the West and Central Mainland four days a week.

The vans will travel from our store in Lerwick as far as Sandvoe and Isbister in the north, to Virkie and Sumburgh in the south, and to Walls and Sandness in the west. The service is expected to be extended later this year to include deliveries to the outer isles.

For more information please contact Richard Holligan on:
07834 620767

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

Tesco forms Joint Venture with China Resources Enterprise Limited to create the leading multi-format retailer in China

Cheshunt, England, 2014-5-30 — /EPR Retail News/ — Following its previous announcement and subsequent confirmation of the satisfaction of all conditions, Tesco has completed the formation of a Joint Venture with China Resources Enterprise, Limited (“CRE”) to create the leading multi-format retailer in China (the “Joint Venture” or “JV”).

The JV combines Tesco’s best-in-class retail practices, international sourcing and multichannel capabilities with CRE’s strong local knowledge and brand, to create a business which is the largest food retailer in China.

Philip Clarke, CEO of Tesco:
“We’re very pleased to have completed this historic agreement. The partnership creates a strong platform in one of the world’s largest markets. We can now combine our strengths to build a profitable multichannel business, offering our customers in China the best of modern retail.”

Hong Jie, CEO of CRE:
“We are very excited about the completion of this agreement; it also marks a major milestone for our business development. We believe that this partnership is one that combines the strength of both parties and enables the JV to become the leading multi-format retailer in Greater China, through improved operations, better growth and enhanced profitability.”

Notes to Editors:

  • There have been no material changes to the terms of the investment agreement as previously advised in the circular of CRE dated 25 February 2014.
  • The Anti-Monopoly Bureau of the Chinese Ministry of Commerce (MOFCOM) approved unconditionally the transactions contemplated by the investment agreement on 12 May 2014.

Ends

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

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

Sainsbury’s opened its 200th convenience store in Shepherd’s Bush Road in Hammersmith London

LONDON, 2014-5-30 — /EPR Retail News/ — Sainsbury’s opened its 200th convenience store in London today, creating 25 local jobs. Shepherd’s Bush Road Local in Hammersmith represents 16 years of continuous growth since Sainsbury’s opened its first convenience store, also in Hammersmith, in 1998.

Over 6,000 people are employed in Sainsbury’s convenience stores across Greater London, and the retailer recently opened a new convenience training centre in London to train 200 new managers and 500 team leaders.

The store was opened by the Bush Family Project and Children’s Centre and offers a broad range of convenience goods for local residents looking to top-up their main food shop.

Simon Twigger, Sainsbury’s Director of Convenience, said: “We’re delighted to open our 200th store in London. We know that people want to shop locally and frequently, and that is why our stores are conveniently located in the places that people want and need them.

“We have a strong presence in London – it’s where our convenience business started, and our Local stores are going from strength to strength. Not only do they provide choice for local people, but they boost the local economy, providing jobs and attracting extra footfall.”

New store manager Yash Desai said: “I am really looking forward to opening our new Hammersmith shop and welcoming customers for the first time. I have a great team in place and our aim is to provide a fresh range of products, excellent customer service and to be part of the local thriving business community.”

Sainsbury’s Locals now account for 27% of the UK’s convenience market growth, with sales of over £1.5 billion and year-on-year growth of nearly 20%. The company is currently opening about two convenience stores every week and has over 630 convenience stores nationwide.

Over five million customers shop in Sainsbury’s Locals each week, and in September, Sainsbury’s was named Convenience Retailer of The Year for the third year running at the Retail Industry Awards.

Sainsbury’s is accelerating the expansion of its convenience store business in London and the South East with plans to open 50 new stores by early 2014. This will create over 1,000 local jobs.

Notes to editors

  • The shop is at 48/50 Shepherds Bush Road, London, W6 7PH
  • The new Hammersmith Sainsbury’s has chosen Shepherd’s Bush Family Project and Children’s Centre as its Local Charity partner. It helps families who are homeless or have other unmet housing needs and suffer social and economic hardship in Shepherds Bush and the Borough of Hammersmith & Fulham

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Sainsbury’s opened its 200th convenience store in Shepherd’s Bush Road in Hammersmith London

Sainsbury’s opened its 200th convenience store in Shepherd’s Bush Road in Hammersmith London

Belk, Inc. announces operating results for fiscal first quarter ended May 3, 2014

  • Online sales grow 42 percent
  • Company repurchases $94.3 million in stock

CHARLOTTE, N.C., 2014-5-30 — /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for its fiscal first quarter ended May 3, 2014.

Tim Belk, chairman and chief executive officer of Belk, Inc., said, “First quarter sales comparisons were challenging due to our large increases last year and the soft selling environment this year.  We did, however, manage to retain most of last year’s gains while experiencing continued growth in our online business.  Although the investments we are making in the Company will continue to impact our short term profitability, we are building a solid foundation for long term growth and success.  We recently increased our regular dividend and completed a stock repurchase to reflect our commitment to drive strong returns for our shareholders.”

Net Sales

Net sales for the 13-week period were $955.1 million compared to $955.8 in the prior-year period. On a comparable store basis, net sales decreased 0.2 percent. Juniors, women’s contemporary and better merchandise categories in general performed well during the quarter.

The company’s online sales from belk.com increased 42.4 percent for the period. Online sales positively affected the company’s comparable store sales by 1.8 percent for the period.

Net Income

First quarter net income totaled $19.3 million compared to $28.2 million in the prior-year period. The decrease was primarily the result of higher expenses associated with the company’s investments in strategic initiatives during the period. Net income excluding non-comparable items totaled $19.4 million compared to $28.4 million in the prior year period. A reconciliation of net income to net income excluding non-comparable items is provided at the end of this release. (See attached PDF file.)

Belk, Inc. Stock Self Tender Offer Results Announced

On March 26, 2014, Belk’s Board of Directors approved a self-tender offer to purchase shares of the company’s common stock at a price of $48.10 per share. The tender offer was initiated on April 24, 2014, and on May 21, 2014, Belk accepted for purchase 1,961,011 shares of common stock for approximately $94.3 million.

New Stores, Store Expansions and Remodels

During the first quarter, the company replaced its former store in High Point, N.C. with a new fashion store at The Palladium at Deep River Shopping Center on March 12, and opened its first Texas flagship store at Galleria Dallas in Dallas, Texas, on April 9. Another new flagship store is scheduled to open in fall 2014 at Bridge Street Town Centre in Huntsville, Ala., along with a new store at Denham Springs/Livingston Parish, La.  Other flagship store expansion and remodeling projects set for completion this fall include Greensboro, N.C. (Friendly Center), Mt. Pleasant, S.C. (phase 2 main store remodel) and Hoover, Ala. (Riverchase Galleria). Belk has also announced the openings of two new stores in 2015 in Bristol, Tenn. (The Pinnacle) and Jacksonville, Fla. (Marketplace at the Fountains), along with a major expansion and remodel of its flagship store in Columbia, S.C. (Columbiana Centre).

Private Brand Launches

Belk recently launched CYNTHIA Cynthia Rowley for the home, an exclusive collection of home fashion merchandise in 70 Belk locations and on belk.com that includes fine linens, bedding, tabletop, decorative pillows and other home décor items.

Marketing Partnership Announced

Belk recently announced a six-year sponsorship agreement with the Southeastern Conference and the SEC Network, a new multiplatform national network devoted to the conference and operated by ESPN. Belk will be the official retail department store of the SEC, giving the company exclusive access to all SEC championship events, including the SEC FanFare events held in conjunction with the SEC Football Championship Game and Men’s Basketball Tournament. The agreement also gives Belk prime exposure on the forthcoming SEC Network, which will launch August 14, 2014 from the ESPN studios in Charlotte, N.C.

Belk Donates to American Red Cross for Tornado and Storm Relief Efforts in Southern U.S.

Belk contributed $100,000 to the American Red Cross to aid victims of the recent tornadoes and storms that affected communities throughout the southern U.S.  The company is also working with local American Red Cross chapters in its market area to provide store discounts to those impacted by the storm.

Investments in Strategic Initiatives

Belk has planned investments totaling more than $700 million over a three-year period that began in fiscal 2014 for key strategic initiatives focused on:

  • A comprehensive Omnichannel initiative that will enable Belk to connect seamlessly with customers regardless of where they are, offer multiple ways to provide what they want, enhance their in-store shopping experience, and create more personalized customer interactions;
  • Creating compelling shopping environments and driving sales by investing in a flagship strategy, opening stores in existing and new markets, and expanding and remodeling existing stores and key merchandise departments;
  • Supply chain initiatives that align distribution capabilities to maximize sales and service;
  • Information technology that delivers new business capabilities for growth and profitability; and
  • Excelling in customer service.

About Belk, Inc. 
Charlotte, N.C.-based Belk, Inc. (www.belk.com) is the nation’s largest family owned and operated department store company with 299 Belk stores located in 16 Southern states and a growing digital presence.  Its belk.com website offers a wide assortment of national brands and private label fashion apparel, shoes and accessories for the entire family along with top name cosmetics, a wedding registry and a large selection of quality merchandise for the home. Founded in 1888 by William Henry Belk in Monroe, N.C., the company is in the third generation of Belk family leadership and has been committed to community involvement since its inception. In the fiscal year ended Feb. 1, 2014, the company and its associates, customers and vendors donated more than $20.9 million to communities within Belk market areas.

Belk offers many ways to connect via digital and social media, including Facebook, Pinterest, Twitter, YouTube, Google Plus and Belk Blog, and provides exclusive offers, fashion updates, sales notifications and coupons via email or mobile phone text messages. Customers can also download the latest Belk mobile apps for the iPad, iPhone or Android.

NOTES:

To provide clarity in measuring Belk’s financial performance, Belk supplements the reporting of its consolidated financial information under generally accepted accounting principles (GAAP) with the non-GAAP financial measure of “net income excluding non-comparable items.” Belk believes that “net income excluding non-comparable items” is a financial measure that emphasizes the Company’s core ongoing operations and enables investors to focus on period-over-period operating performance. It is among the primary indicators Belk uses in planning and operating the business and forecasting future periods, and Belk believes this measure is an important indicator of recurring operations because it excludes items that may not be indicative of or are unrelated to core operating results. Belk also excludes such items when evaluating company performance in connection with its incentive compensation plans. In addition, this measure provides a better baseline for modeling future earnings expectations and makes it easier to compare Belk’s results with other companies that operate in the same industry. Net income is the most directly comparable GAAP measure. The non-GAAP measure of “net income excluding non-comparable items” should not be considered in isolation or as a substitute for GAAP net income.

Certain statements made in this news release, and other written or oral statements made by or on behalf of the Company, may constitute forward-looking statements. Statements regarding future events and developments and the Company’s future performance, as well as our expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “intend,” “project,” “expect,” “anticipate,” “believe,” “estimate,” “continue” or other similar words.

Forward-looking statements include information concerning possible or assumed future results from merchandising, marketing and advertising in our stores and through the Internet, general economic conditions, and our ability to be competitive in the retail industry, our ability to execute profitability and efficiency strategies, our ability to execute growth strategies, anticipated benefits from our strategic initiatives to strengthen our merchandising and planning organizations, anticipated benefits from our belk.com website and our eCommerce fulfillment center, the expected benefits of new systems and technology, and the anticipated benefits under our Program Agreement with GE Capital Retail Bank (“GECRB”). These forward-looking statements are subject to certain risks and uncertainties that may cause our actual results to differ significantly from the results we discuss in such forward-looking statements.

We believe that these forward-looking statements are reasonable. However, you should not place undue reliance on such statements. Any such forward-looking statements are qualified by the following important risk factors and other risks which may be disclosed from time to time in our filings that could cause actual results to differ materially from those predicted by the forward-looking statements. Forward-looking statements relate to the date initially made.

Risks and uncertainties that might cause our results to differ from those we project in our forward-looking statements include, but are not limited to:

• Economic, political and business conditions, nationally and in our market areas, including rates of economic growth, interest rates, inflation or deflation, consumer credit availability, levels of consumer debt and bankruptcies, tax rates and policy, unemployment trends, a health pandemic, catastrophic events, potential acts of terrorism and threats of such acts and other matters that influence consumer confidence and spending;

• Our ability to anticipate the demands of our customers for a wide variety of merchandise and services, including our predictions about the merchandise mix, quality, style, service, convenience and credit availability of our customers;

• Unseasonable and extreme weather conditions in our market areas;

• Seasonal fluctuations in quarterly net income due to the significant portion of our revenues generated during the holiday season in the fourth fiscal quarter and the significant amount of inventory we carry during that time;

• Competition from other department and specialty stores and other retailers, including luxury goods retailers, general merchandise stores, Internet retailers, mail order retailers and off-price and discount stores, in the areas of price, merchandise mix, quality, style, service, convenience, credit availability and advertising;

• Any significant damage to our brand or reputation which could negatively impact sales, diminish customer trust and generate negative sentiment;

• Our ability to prevent a security breach that results in the unauthorized disclosure of Company, employee or customer information;

• Loss of key management or qualified employees or an inability to attract, retain and motivate additional highly skilled employees;

• Our ability to successfully implement our new information technology platform that will impact our primary merchandising, planning and core financial process;

• Our ability to manage multiple significant change initiatives simultaneously;

• Our ability to effectively use advertising, marketing and promotional campaigns to generate high customer traffic in our stores and through online sales;

• Variations in the amount of vendor allowances received;

• Our ability to successfully operate our website, and our fulfillment facilities and manage our social community engagement by providing a broader range of our information online, including current sales promotions and special events;

• Our ability to successfully develop and maintain a relevant and reliable Omnichannel experience for our customers;

• Our ability to find qualified vendors from which to source our merchandise and our ability to access products in a timely and efficient manner from a wide variety of domestic and international vendors; and to deliver in a timely and cost-efficient manner;

• Increases in the price of merchandise, raw materials, fuel and labor or their reduced availability;

• The income we receive from, and the timing of receipt of, payments from GECRB, the operator of our private label credit card business, which depends upon the amount of purchases made through the proprietary credit cards, changes in customers’ credit card use, and GECRB’s ability to extend credit to our customers;

• Our ability to manage our expense structure;

• Our ability to continue to open new stores, or to remodel or expand existing stores, including the availability of existing retail stores or store sites on acceptable terms and our ability to successfully execute our retailing concept in new markets and geographic regions;

• Our ability to manage risks associated with owning and leasing real estate;

• The efficient and effective operation of our distribution network, and information systems to manage sales, distribution, merchandise planning and allocation functions;

• The effectiveness of third parties in managing our outsourced business;

• Changes in federal, state or local laws and regulations; and

• Our ability to comply with debt covenants, which could adversely affect our capital resources, financial condition and liquidity.

For a detailed description of the risks and uncertainties that might cause our results to differ from those we project in our forward-looking statements, we refer you to the section captioned “Risk Factors” in our annual report on Form 10-K for the fiscal year ended February 1, 2014 that we filed with the SEC on April 15, 2014. Our other filings with the SEC may contain additional information concerning the risks and uncertainties listed above, and other factors you may wish to consider. Upon request, we will provide copies of these filings to you free of charge.

Our forward-looking statements are based on current expectations and speak only as of the date of such statements.

For further information: Ralph Pitts, Belk, Inc., 704-426-8402, ralph_pitts@belk.com

IKEA in Merriam to install largest rooftop solar array in Kansas before the store’s opening in Fall 2014

MERRIAM, KS, 2014-5-30 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced solar energy plans for its Kansas City-area store opening Fall 2014 in Merriam, KS. Pending permits, rooftop panel installation will begin next month, with completion before the store’s opening, making the project the largest rooftop solar array in the State of Kansas.

The 92,000-square-foot solar array will consist of a 869.25-kW system, built with 2,850 panels, and will produce approximately 1,348,000 kWh of electricity annually for the store, the equivalent to reducing 930 tons of carbon dioxide (CO2) – equal to the emissions of 196 cars or providing electricity for 128 homes yearly (calculating clean energy equivalents at www.epa.gov/cleanenergy/energy-resources/calculator.html). For the development, design and installation of IKEA Merriam’s customized solar power system, IKEA contracted with Chicago-based SoCore Energy, one of the largest commercial solar developers in the Midwest, with more than 100 commercial-scale U.S. installations.

Under construction on 19 acres along the eastern side of Interstate-35 and Johnson Drive, the 359,000 square-foot future IKEA Merriam and 1,200 parking spaces will be built in the city of Merriam, eight miles southwest of Kansas City, Missouri. IKEA Merriam will be the second U.S. store for IKEA with a geothermal component to its heating and cooling system. (Denver-area IKEA Centennial opened with geothermal in 2011.) Incorporating geothermal and solar will significantly reduce the energy IKEA Merriam will draw from the power grid.

“We are excited about furthering our sustainability commitment with solar panels on the future Merriam store,” said Rob Parsons, IKEA Merriam store manager. “As is the case with geothermal, solar energy will reduce greatly the new store’s energy needs and carbon footprint as well as contribute to our vision of creating a better everyday life for the many.”

This installation will represent the 41st solar project for IKEA in the U.S, contributing to the IKEA solar presence atop nearly 90% of its U.S. locations, with a total generation goal of 40 MW. IKEA owns and operates each of its solar PV energy systems atop its buildings – as opposed to a solar lease or PPA (power purchase agreement) – and globally has allocated $1.8 billion to invest in renewable energy through 2015, reinforcing its confidence and investment in solar photovoltaic technology. Consistent with the goal of being energy independent by 2020, IKEA has installed more than 550,000 solar panels on buildings across the world and owns approximately 157 wind turbines in Europe and Canada, with 49 more being built in the U.S.

IKEA, drawing from its Swedish heritage and respect of nature, believes it can be a good business while doing good business and aims to minimize impacts on the environment. Globally, IKEA evaluates locations regularly for conservation opportunities, integrates innovative materials into product design, works to maintain sustainable resources, and flatpacks goods for efficient distribution. Specific U.S. sustainable efforts include: recycling waste material; incorporating environmental measures into the actual buildings with energy-efficient HVAC and lighting systems, recycled construction materials, skylights in warehouse areas, and water-conserving restrooms; and operationally, eliminating plastic bags from the check-out process, phasing-out the sale of incandescent light bulbs, facilitating recycling of customers’ compact fluorescent bulbs, and by 2016 selling only L.E.D. bulbs. IKEA also has installed electric vehicle charging stations at 13 stores, with roll-out planned for more locations.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function at low prices so the majority of people can afford them. There are currently more than 350 IKEA stores in 44 countries, including 38 in the U.S. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information, see IKEA-USA.com, @IKEAUSANews, @DesignByIKEA or IKEAUSA onFacebook, Youtube, Instagram and Pinterest.

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Sigma: Amcal Pharmacy honored with Canstar Blue Most Satisfied Customers Award – Pharmacy for 2014

Victoria, Australia, 2014-5-30 — /EPR Retail News/ — Amcal Pharmacy has won the prestigious Canstar Blue Most Satisfied Customers Award – Pharmacy for 2014, ahead of other well-known pharmacy brands.

“We are extremely pleased to receive the Canstar Blue award on behalf of our Amcal pharmacies this year. Amcal pharmacists pride themselves on providing expert advice for all Australians, and have consistently featured high in ratings, so to receive this award from our customers this year is great recognition”, said Mark Hooper, Sigma Chief Executive Officer.

Amcal achieved the highest five star rating in five categories including overall customer satisfaction, service satisfaction, availability, availability of health management programs, and the provision of advice. Amcal also achieved four stars for value for money, range of health related products, and the range of beauty related products.

“It is great for Amcal to win the Canstar Blue most satisfied customers award again, they are obviously meeting the needs of their customers,” said Megan Doyle, Canstar Blue Business Unit Leader & Group Strategy Manager

“To achieve such consistently high ratings across all categories, but in particular relating to health management programs, validates our strategy of introducing structured professional services in Amcal pharmacies to assist Australian’s to better manage their health and wellbeing, said Mr Hooper.”

Amcal’s win this year follows two years of success in this award for our other pharmacy brand, Guardian, with Guardian again featuring high in customer satisfaction ratings.

“Pharmacy is the third pillar of the healthcare system, so Sigma is proud to have both Amcal and Guardian being held in such high regard for leading the way in the future of pharmacy.”

For more information please contact:

Gary Woodford
Manager Corporate Affairs
Sigma Pharmaceuticals Limited
Mob: 0417 399 204

Canada: Sherwood Co-op opens new store in Regina

Regina, Canada, 2014-5-30 — /EPR Retail News/ — Sherwood Co-op’s new south Albert Street location was one of the last stores of 14 purchased from Sobey’s Inc to make the transition when it opened May 23.

Like many of the other stores, a lot changed in the 36 hours the store was closed: painting, new checkouts, aisle markers and Co-op products. But there is also more in store in the coming weeks and months.

“We also appreciate that our customers deserve to shop in clean, modern facilities and as a result we will continue to develop and focus on our infrastructure,” General Manager Troy Verboom said in a message to members. “…we are very excited to be able to provide another Food Store in Regina. We are really looking forward to the current Safeway employees joining our Sherwood Co-op Team.”

Thank you to all Co-op members and shoppers for your patience during this period. Together, we are building a different shopping experience for you and the community. These are your stores; you’re at home here.

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Canada: Sherwood Co-op opens new store in Regina

Canada: Sherwood Co-op opens new store in Regina

General Growth Properties, Inc. released its 2014 Sustainability Report

Chicago, Illinois, 2014-5-30 — /EPR Retail News/ — General Growth Properties, Inc. (“GGP”) (NYSE: GGP) today released its 2014 Sustainability Report. The report covers many of GGP’s significant achievements in Sustainability during the pastcalendar year and details GGP’s integrated approach to environmental and social responsibility.

Click here for the 2014 GGP Sustainability Report.

Highlights of the 2014 GGP Sustainability Report include:

  • Adopting the Global Reporting Initiative (GRI) standard reporting format, which ensures we measure anddocument our achievements in a manner consistent with global best practices.
  • Reporting greenhouse gas emissions for the first time, creating a baseline for future performance.
  • Completing our first LEED Certified project at The Mall in Columbia (Maryland), which includes theinstallation of a 6,000 gallon cistern that collects rainwater that is reused to irrigate mall landscaping.
  • Installing solar power systems at four properties in New Jersey, which resulted in saving more than 5.5million kilowatt hours in 2013.
  • Retrofitting of lighting at numerous properties across our portfolio, which is estimated to save more than 7.5million kilowatt hours per year.

The Report reinforces GGP’s commitment to the reporting principles of transparency and accountability by sharing details of our performance that affect our Communities, Retailers, Employees, Consumers and Shareholders (CRECS).

ABOUT GGP
GGP is an S&P 500 company focused exclusively on owning, managing, leasing, and developing high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

CONTACTS:

INVESTORS
Kevin Berry
(312) 960-5529

MEDIA
David Keating
(312) 960-6325

Gap Inc’s Growth, Innovation and Digital division president Art Peck to present at Goldman Sachs’ Fifth Annual dotCommerce Day on June 4, 2014

SAN FRANCISCO, 2014-5-30 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that Art Peck, president of the company’s Growth, Innovation and Digital division, will address investors at Goldman Sachs’ Fifth Annual dotCommerce Day in New York City on June 4, 2014.

A live webcast of the presentation will be accessible from www.gapinc.com (follow the Investors, Financial News and Events, Webcast links) beginning at approximately 10:30 a.m. ET on June 4, 2014. An archive of the webcast presentation will be available for 90 days.

Forward-Looking Statements

This investor day conference and related webcast may contain forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Forward-looking statements may include statements regarding financial and operational benefits resulting from the company’s planned investments in digital, omni-channel, and personalization capabilities. Words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “project,” and similar expressions also identify forward-looking statements.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:

  • the risk that changes in global economic conditions or consumer spending patterns could adversely impact our results of operations;
  • the highly competitive nature of our business in the United States and internationally;
  • the risk that the failure to attract and retain key personnel could have an adverse impact on our results of operations;
  • the risk that our investments in omni-channel shopping initiatives may not deliver the results we anticipate;
  • the risk that updates or changes to our information technology (“IT”) systems may disrupt our operations;
  • the risk that we are subject to data or other security breaches that may result in increased costs, violations of law, significant legal and financial exposure, and a loss of confidence in our security measures, which could have an adverse effect on our results of operations and our reputation; and
  • the risk that changes in the regulatory or administrative landscape could adversely affect our financial condition, strategies, and results of operations.

Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014, as well as the company’s subsequent filings with the Securities and Exchange Commission.

These forward-looking statements are based on information as of the date of the conference. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children 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 more than 3,100 company-operated stores, over 350 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Banana Republic’s give-back program ONE+ALL invites customers to shop in support of Community-Focused Organizations

New York, NY, 2014-5-30 — /EPR Retail News/ — Banana Republic is proud to announce the expansion of its ONE+ALL program that commits volunteer hours and fund-raising support to organizations that make a difference in communities where the brand’s employees work and live. Over the first weekend in June, customers are invited to shop for a cause in support of four non-profit organizations: Big Brothers Big Sisters, Boys & Girls Clubs, Dress for Success, and Habitat For Humanity.

ONE+ALL was launched in 2010 to encourage employees to support their local communities through volunteering, tying back to the social-minded spirit of Banana Republic’s hometown of San Francisco and since then, employees have volunteered over 178,000 hours of service. As an extension of the current ONE+ALL program,  Banana Republic is partnering with four non-profit organizations – including Big Brothers Big Sisters, Boys & Girls Clubs, Dress for Success® and Habitat For Humanity – and is encouraging customers to participate by crowd-sourcing votes on how financial support should be distributed between partners.

During the weekend of June 5 through June 8, 2014, customers will receive 25 percent off their Banana Republic purchase, with 5 percent of sales being donated to community organizations – up to a goal of $500,000. From May 26 to June 8, 2014, customers are invited to visit bananarepublic.com/OneandAll to vote for which of the four participating non-profits they would like to have contribution dollars benefit. While each organization will receive a donation, customer votes will determine the percentage each receives.

ONE+ALL Partners:

  • Big Brothers Big Sisters – A non-profit organization whose goal is to help all children reach their potential through professionally supported, one-on-one relationships with volunteer mentors
  • Boys & Girls Clubs® – Through a network of 4,000 Clubs, Boys & Girls Clubs enable young people in need to achieve great futures as productive, caring and responsible citizens. The Club provides a safe place, caring adult mentors, fun, friendship, and high-impact youth development programs on a daily basis during critical non-school hours.
  • Dress for Success® – An international non-profit organization offering services designed to help disadvantaged women find jobs and remain employed
  • Habitat For Humanity – An international and non-profit organization devoted to building simple, decent, and affordable housing

In 2013, over 6,000 Banana Republic employees in North America and Canada participated in nearly 60,000 hours of skills-based volunteering, creating more than $1.3 million of value in hours benefitting local communities.

“Giving back to our communities has long been an important part of the Banana Republic employee culture,” said Roy Hunt, senior vice president of Banana Republic Global Stores, Operations, Field Visual and Store Design. “By encouraging our customers to get involved, we are able to expand the message of this valuable work and make a larger impact nationwide.”

Join the conversation with @BananaRepublic #LetsDoMore and #TrueStyle. To learn more, visit www.BananaRepublic.com/OneAndAll.

ABOUT BANANA REPUBLIC
Banana Republic is a global apparel and accessories brand focused on delivering modern American style. Dedicated to helping customers achieve their best in life’s moments big and small, both personally and professionally, Banana Republic offers covetable clothing, handbags, jewelry, eyewear and fragrance at accessible prices. Founded in San Francisco, Banana Republic is located in over 700 company-operated and franchise retail locations worldwide. Customers also can shop online or at (888) BR-STYLE. For more information about Banana Republic, a division of Gap Inc. (NYSE: GPS), please visit bananarepublic.com

ICSC and Goldman Sachs Weekly Chain Store Sales Index: Retail sales slipped by 1.2% for the week ending May 24, 2014

NEW YORK, 2014-5-28 — /EPR Retail News/ — A combination of one-off factors, adverse weather and consumers’ willingness to travel over this past Memorial Day weekend, led to the decline in weekly sales. As a result retail sales slipped by 1.2% for the week ending May 24, 2014, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index. On a year-over-year basis sales continue to remain positive but slowed to 2.1% for the week.

“The latest week’s decline was, in part, due to the increased number of Americans traveling this past holiday weekend. The Automobile Association of America (AAA) estimated that this year’s Memorial Day weekend (Thursday‐Monday) would reach a new post recession high of 36.1 million travelers‐‐going more than 50 miles from home‐‐making it the second highest since 2000,” said Michael Niemira, ICSC vice president of research and chief economist. “In addition, adverse weather in some heavily populated areas gave consumers another reason not to shop,” Niemira added.

Looking ahead, ICSC Research forecasts that May monthly comp‐store sales will increase between 3.0% and 3.5% on a year‐over‐year basis. Monthly sales will be reported on June 5, 2014. The monthly aggregate tends to have a “run rate” of about 2.0 percentage points higher than the industry as a whole.

Week Ending     Index 1977=100     Year/Year Change     Weekly Change
24-May-14                554.4                        2.1%                       -1.2%
17-May-14                560.9                        2.4%                       -1.3%
10-May-14                568.4                        3.9%                       -0.1%
03-May-14                569.2                        2.0%                       -2.0%

[Editor’s notes: The complete report will be available at 7:45 a.m. at http://www.icsc.org/research/publications.  In addition, historical data from this index is available under the Research section on ICSC’s website.  To view the data, visit and click on the “Weekly Chain Sales Tracking” link and enter the following member id number (1177584) and password (press2002pass) to obtain access to report and historical data.

The Weekly Chain Store Sales Snapshot is produced by the International Council of Shopping Centers and Goldman Sachs.  This index measures U.S. nominal same-store or comparable-store sales excluding restaurant and vehicle demand. The weekly index is constructed as a sales-weighted geometric average growth rate to preserve long-term consistency and is statistically benchmarked to a broad-based monthly retail industry sales aggregate that currently represents a sampling of leading retail chain stores, which also is compiled by ICSC. A representative sample of those major retailers has been used as a control group to extrapolate the weekly sales index. As such, the weekly index statistically represents industry sales and is not just a sum of sales for a handful of retailers. The standard period used for the index is Sunday through Saturday, even though some retailers use a different weekly accounting period. The weekly sales index is presented on an adjusted basis to account for normal seasonality and to counter other data anomalies. Weekly seasonal adjustment is at best difficult for chain store sales given that retailers can and often do shift promotions to counter typical shifts in the calendar. Nonetheless, the approach to weekly seasonal adjustment used follows from the Piser Method, which was popular in the early 1930s and became the standard for weekly adjustment.

The Goldman Sachs Group, Inc. is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 60,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.  As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.  For more information, visit www.icsc.org.

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ICSC Contacts:
Jesse Tron
+ 1 646-728-3814
jtron@icsc.org

Malachy Kavanagh
+ 1 646-728-3495
mkavanagh@icsc.org

Goldman Sachs Contact:
Leslie Shribman
+1 212-902-5400

Babies“R”Us® and Disney Baby partner to bring more options to expecting parents through combined offerings of products and services

Two of the Biggest Names in Baby Products Join Forces to Bring More Options to Parents Through Babies“R”Us Registry and Disney Baby Offerings

WAYNE, NJ, 2014-5-28 — /EPR Retail News/ — Babies“R”Us®, the nation’s leading dedicated baby products retailer, and Disney, with its Disney Baby brand, are teaming up to bring more options to new and expecting parents through combined offerings of products and services. Inclusive of online and in-store components, the relationship will bring theBabies“R”Us Registry experience, trusted by more than 18 million parents-to-be, to an expanded audience of expectant parents on DisneyBaby.com and broaden access to Disney Baby products through Babies“R”Us retail locations and marketing vehicles.

Through this collaboration, expectant parents can now create, access and share their Babies“R”Us Registry fromDisneyBaby.com. Other highlights include:

  • Babies“R”Us will carry the broadest assortment of Disney Baby products in the market and will promote them regularly in-store and via its marketing vehicles.
  • Simplicity of locating products online at DisneyBaby.com and adding them directly to a Babies“R”Us Registry with just a few quick clicks.
  • A featured Disney Baby Brand Shop on Babiesrus.com, allowing parents-to-be access to products and information directly.

“The Babies“R”Us Registry is the most widely used registry among parents-to-be, and we are excited to extend its reach through our new relationship with the Disney Baby brand and to provide our registrants with an even broader assortment of unique merchandise,” said Tom Via, Senior Vice President, Babies“R”Us. “By collaborating with Disney, we will enable more expectant parents to have seamless and convenient access to create, add to and make purchases from their registries from the site of the beloved Disney Baby brand.”

The Babies“R”Us and Disney Baby brands, both of which have millions of followers on social media channels, will leverage their social channels, such as Facebook and Twitter, to highlight ongoing, cross-promotional opportunities to engage with consumers.

“Working with Babies“R”Us allows us to introduce the magic of Disney Baby to a wider audience of new and expecting parents,” Rob Michaelis, Director, Disney Baby. “Through our collective efforts, we can aid new parents on their journey to prepare for their baby’s arrival and help them in ‘Creating magical moments right from the start.’”

About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and juvenile products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 873 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 715 international stores and over 180 licensed stores in 35 countries and jurisdictions. In addition, it exclusively operates the legendary FAO Schwarz brand and sells extraordinary toys in the brand’s flagship store on Fifth Avenue in New York City. With its strong portfolio of e-commerce sites including Toysrus.comBabiesrus.comeToys.com and FAO.com, it provides shoppers with a broad online selection of distinctive toy and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. employs approximately 70,000 associates annually worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. Additional information about Toys“R”Us, Inc. can be found on Toysrusinc.com. Follow Toys“R”Us, Babies“R”Us and FAO Schwarz on Facebook at Facebook.com/ToysrusFacebook.com/Babiesrusand Facebook.com/FAO and on Twitter at Twitter.com/Toysrus andTwitter.com/Babiesrus.

About Disney Baby
The Disney Baby brand provides parents with essential products and information they need for Creating Magical Moments Right From The Start™. From its launch of the Disney Cuddly Bodysuit™ in Spring 2011, and through products designed with parents in mind, Disney Baby offers today’s parents everything they need to bond with Baby at every stage. The Disney Baby product line includes essentials for Apparel, Nursery, On-the-Go, Bathtime, Mealtime, Playtime and Baby’s Firsts. A multifaceted digital resource for families, Disney Baby provides consumers with information and inspiration online via the website www.DisneyBaby.com, on Facebook (www.Facebook.com/DisneyBaby), on YouTube (www.YouTube.com/DisneyBaby) and Twitter (www.Twitter.com/DisneyBaby).

# # #

Media Contacts:
Toys“R”Us, Inc.
Linda Connors
973-617-4398
Linda.Connors@toysrus.com

Disney Consumer Products
Erin Barrier
626-773-5132
Erin.J.Barrier@disney.com

Wegmans Employee Scholarship Program to award college tuition assistance to 1,766 new recipients for the upcoming academic year

ROCHESTER, NY, 2014-5-28 — /EPR Retail News/ — Wegmans Food Markets has announced that the Wegmans Employee Scholarship Program will award college tuition assistance to 1,766 new recipients for the upcoming academic year. Wegmans expects to pay out more than $4.91 million in tuition assistance to both new and returning scholarship recipients during the 2014/2015 school year.

Click here to view the list of this year’s scholarship recipients organized by area and store.

Since the program began in 1984, more than 30,000 Wegmans employees have been awarded scholarships totaling $95 million. The first class of Wegmans scholarship recipients in the 1984/1985 academic year included 241 employees with scholarships totaling $280,000.

“My grandfather established this long-standing tradition with the aim of helping young people succeed,” says Wegmans President Colleen Wegman. “The program has grown considerably, and we’re proud to continue helping our people reach their academic and career goals.”

All Wegmans stores will offer a free cake celebration for employees and customers on Saturday June 7, from 12 p.m. to 2 p.m. in recognition of scholarship recipients and graduates.

Part-time employee scholarship recipients are eligible to receive up to $1,500 a year for four years (a maximum of $6,000), and full-time employees can receive up to $2,200 a year for four years (up to $8,800 total). No limit is placed on the number of scholarships awarded each year and no restrictions are made on a student’s course of study. Recipients may choose any area of study from an accredited college and enter any field they desire upon graduation. Many scholarship winners, however, have stayed with Wegmans after college, continuing career growth within the company.

To receive a scholarship, Wegmans employees must meet work-performance criteria. Eligibility is also based on a minimum number of work hours over a specified time period. Scholarship applications are evaluated by a team from Wegmans.

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Wegmans Food Markets, Inc. is an 84-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 17 consecutive years. In 2014, Wegmans ranked #12 on the list.

Contact Information:  

Jo Natale, director of media relations 585-429-3627

Evelyn Carter, consumer affairs manager (Syracuse media only), 315-546-1110

Michele Mehaffy, consumer affairs manager (Buffalo media only), 716-685-8170

Rite Aid supports The Skin Cancer Foundation’s annual Road to Healthy Skin Tour

7th Annual Coast-to-Coast Tour Brings Free Skin Cancer Screenings to 53 Rite Aid Pharmacies Nationwide  

CAMP HILL, Pa., 2014-5-28 — /EPR Retail News/ — For the seventh consecutive year, Rite Aid (NYSE: RAD) will proudly serve as the presenting sponsor of The Skin Cancer Foundation’s annual Road to Healthy Skin Tour. Kicking off today, the Tour runs through August and features local dermatologists coming out into the community to provide free, full-body and potentially life-saving skin cancer screenings to the public.

The Tour’s customized 38-foot recreational vehicle (RV) is gearing up to head across the country recruiting local volunteer dermatologists to provide full-body screenings from the comfort and privacy of one of the RV’s two exam rooms. As The Skin Cancer Foundation’s flagship early detection program, the Tour also aims to raise skin cancer awareness and educate about the importance of prevention and early detection.

“Skin cancer is the most common form of cancer in the United States. The Tour strives to save lives by detecting skin cancers early on and aims to educate the public about skin cancer prevention,” said Skin Cancer Foundation President Perry Robins, MD. “We appreciate Rite Aid’s continued partnership, which enables us to bring this life-saving program to many cities across the country for the seventh year in a row.”

Since 2008, the Road to Healthy Skin Tour has detected more than 7,000 suspected cancers and precancers, including more than 300 cases of melanoma. Over its seven years, the Tour has traveled more than 100,000 miles, winding its way across the United States on its mission to provide easy access to 10-minute screenings that can potentially save lives.

“Each year, more than 3.5 million cases of skin cancer are diagnosed across the county, but the good news is, if detected early, it is also one of the most preventable and curable forms of cancer,” said Rite Aid Executive Vice President of Pharmacy Robert I. Thompson, RPh. “Rite Aid is proud to be the presenting sponsor of the Road to Healthy Skin Tour and bring this valuable screening to the communities we serve.”

People interested in receiving a screening are advised to arrive early, as the free screenings are provided on a first-come, first-served basis. Visitors will also receive educational materials explaining how to perform monthly skin checks at home, proper ways to protect the skin against sun on a daily basis, along with sunscreen samples and other giveaways. Visit riteaid.com/skincare for the complete Tour schedule.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2014 annual revenues of $25.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

The Skin Cancer Foundation is the only global organization solely devoted to the prevention, early detection and treatment of skin cancer. The mission of the Foundation is to decrease the incidence of skin cancer through public and professional education and research. Since its inception in 1979, the Foundation has recommended following a complete sun protection regimen that includes seeking shade and covering up with clothing, including a wide-brimmed hat and UV-blocking sunglasses, in addition to daily sunscreen use. For more information, visitSkinCancer.org.

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Contact:

Media: Kristin Kellum 717-975-5713

Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

GRAND RAPIDS, Mich., 2014-5-28 — /EPR Retail News/ — One of this season’s most popular trends is the addition of soft pants – palazzo and straight legs – to a wardrobe because the flowing design offers extreme comfort and femininity. The Meijer Style Team would like to share some style tips to highlight the versatility of soft pant dressing:

Work: Add a chiffon top with a statement necklace and ankle strapped heel for the office.

Casual: Playful patterned palazzos are perfect for a casual night out. They are easily paired with a cotton tee, tank with chiffon overlay, or tie front blouse. A flat gladiator or high heel sandal complete the outfit.

Beach: Consider a lightweight or crochet style soft pant to use as a cover up on your way to the beach, or at a pool party. A flowing chiffon blouse or crop top is easily matched.

Soft pants are offered in many colors and patterns in sizes for women, women’s plus and juniors. Fabrics include rayon/spandex, challis and cotton. The pants are priced from $16 to $20.

For additional advice on in-trend fashions and other ideas from the Meijer Style Team, please visit www.MeijerStyle.com.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 207 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As the inventor 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. For more information on Meijer please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/meijer and @twitter.com/meijerPR or become a fan at www.facebook.com/meijer.

Chris Morrisroe, 248-666-3897, cmorrisroe@comcast.net

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Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

Meijer Style Team shares some style tips to highlight the versatility of soft pant dressing

 

Target forms Digital Advisory Council to accelerate its digital transformation

Company also hiring additional engineers for Target.com and Mobile product teams — all part of digital transformation

MINNEAPOLIS, 2014-5-28 — /EPR Retail News/ — Target Corp. (NYSE: TGT) announced it has formed a Digital Advisory Council, as part of its efforts to accelerate its digital transformation. The panel of technology industry leaders will help guide Target’s omnichannel strategies and push Target to innovate faster, and discover new ways to leverage technology to enhance the guest experience – both online and in stores.

The council includes experts with varied tech backgrounds, and is comprised of:

  • Ajay Agarwal, Managing Director of Bain Capital Ventures
  • Amy Chang, CEO/Co-Founder of Accompani, formerly led Google Analytics
  • Roger Liew, Chief Technology Officer of Orbitz Worldwide
  • Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid

“We believe this council can play an important role in Target’s digital transformation – one of our top priorities as a company,” said Casey Carl, president of Omnichannel, Target. “This new group is bringing their tremendous talents and experience to help guide Target’s strategies and tactics. They’re also providing fresh, disruptive ideas that will help us re-invent the Target run for tomorrow’s guests.”

The council will meet quarterly as a group with Carl and others driving Target’s omnichannel strategies, including Target.com and Mobile teams, the Enterprise Strategy team and other Target leaders. Council members, who will serve two-year terms with an optional third year, also will be called upon to provide guidance on various topics and to help Target connect with other tech leaders.

In addition to forming the new council, Target is bolstering its internal digital talent with plans to hire at least 50 new software engineers this year for Target.com and Mobile product teams. The engineers will be primarily based in Minneapolis, where they will work as part of the company’s new digital product teams. Some new engineers will be based in Target’s San Francisco office.

In the past year, Target has launched a number of successful digital initiatives, including the mobile coupon app Cartwheel, Target Subscriptions and Store Pickup, which allows guests to buy online at Target.com and pickup in a store. Target is now enhancing and expanding these services while also beginning to test new offerings like same-day delivery and the ability to ship online orders from stores.

“Target is pursuing an aggressive omnichannel agenda and we want to go faster,” said Carl. “We’re confident that efforts such as creating the council and adding new engineering talent to our organization will help us achieve our goal of becoming a leading omnichannel retailer.”

Check out Target’s Careers site to find engineering and other digital positions now available at Target.

To view videos of Target’s Digital Advisory Council members in action, check out Target’s online magazine, A Bullseye View.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit target.com/corporateresponsibility. For more information, visit Target.com/Pressroom.

media contact

Eddie Baeb
p: 612-761-9658

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Left to right: Jason Goldberger, SVP, Target.com and Mobile leads a panel with the Target Digital Advisory Council at Target headquarters; Roger Liew, Chief Technology Officer of Orbitz Worldwide; Ajay Agarwal, Managing Director of Bain Capital Ventures; Amy Chang, CEO/Co-Founder of Accompani; Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid.

Left to right: Jason Goldberger, SVP, Target.com and Mobile leads a panel with the Target Digital Advisory Council at Target headquarters; Roger Liew, Chief Technology Officer of Orbitz Worldwide; Ajay Agarwal, Managing Director of Bain Capital Ventures; Amy Chang, CEO/Co-Founder of Accompani; Sam Yagan, CEO of the Match Group and CEO/Founder of OkCupid.

CBRE’s global corporate headquarters honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards

Los Angeles, CA, 2014-5-28 — /EPR Retail News/ — CBRE’s global corporate headquarters in Downtown Los Angeles was honored by the International Interior Design Associated (IIDA) at the 26th Annual Calibre Awards. CBRE and Gensler, its architectural partner on the project, received the Work Medium award which recognizes the best office projects between 20,000 and 50,000 square feet. The Calibre Awards honors the collaboration between designers, dealers and manufactures that ultimately results in exceptional projects.

More than 1,000 guests walked the red carpet at the black tie event. In total, six awards were presented at the Calibre Awards in the following categories: Health & Wellness, Leisure & Entertainment, Retail, Work Large, Work Medium, and Work Small.

Nominated with twelve other projects in the Work Medium category, CBRE’s global headquarters came out on top. Lewis C. Horne, president of Greater Los Angeles and Orange County for CBRE, accepted the award along with Gensler. Other team members recognized included ARC Engineering, Inc., CBRE Project Management, CBRE Workplace Strategy, Brandow & Johnson Inc., Kaplan Gehring McCarroll Architectural Lighting, and Taslimi Construction Company, Inc.

“We’re thrilled to accept this award and to share it with all those who were a part of the project,” says Lewis C. Horne, president of Greater Los Angeles and Orange County. “We appreciate IIDA for recognizing our space, as we truly believe that it is transformational not only for our firm, but for all office users as companies seek workplace solutions that better support the way people work today and will work in the future.”

CBRE’s global headquarters is located on the 25th and 26th floors of 400 South Hope Street in Downtown Los Angeles. Opening in September 2013, the 100 percent “free-address” and paperless office, which is part of CBRE’s global “Workplace360” initiative, incorporates leading-edge workspaces designed to support the way employees work through enhanced flexibility, mobility, technology, wellness and productivity.

“Feedback about our new space, both internally and externally, has been overwhelmingly positive. Internal feedback is our employees are happier because they can choose where to work based on their individual needs, and that they would never want to go back to the old way of working. Externally, the interest level in the new space has exceeded all expectations,” says Laura O’Brien, CBRE’s Global Head of Human Resources and Workplace Strategy.

To date, CBRE, has had more than 100 news articles published about the space, with coverage spanning from LA to Chicago to London and even Japan.

Andy Ratner, Senior Managing Director of the Downtown office, says, “The level of interest goes far beyond mere curiosity – we’ve toured more than 4,000 people through the space and have seen a marked increase in client interest in replicating similar strategies in their own offices.

“We’re very proud that our space can and is being used as showpiece for our clients to see firsthand how these strategies can improve collaboration, productivity and wellness in the workplace,” adds Nancy Wilhite, Managing Director of the Downtown office.

The Downtown LA office was one of the first – and the largest – of CBRE’s global “Workplace360” initiative. CBRE is opening almost two dozen more “Workplace360” offices around the globe before the end of the year, including offices in Tokyo, Melbourne, Chicago, San Diego and Orlando.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

For Further Information

Jacqueline Bayley
T +1 949 8093742
email

CBRE’s “How Global is the Business of Retail?” report: Paris is the world’s hottest global retail market with 50 new brands attracted last year

Global Retailers Focus on More Mature Markets – – U.S. Retailers Dominate Cross-Border Expansion – – Luxury Brands Account for a Quarter of New Market Entrants Globally

Los Angeles, 2014-5-28 — /EPR Retail News/ — Paris is the world’s hottest global retail market attracting 50 new brands last year, while France is ranked as the leading country for new entrants, according to the latest edition of How Global is the Business of Retail? by global property advisor CBRE Group, Inc.

The 2014 report, which tracks retailer’s movements in 2013, found that the overall footprint of global retailers at country level grew by 1.7%. More than half of retailers (51%) are now present in all three major global regions, The Americas, Europe Middle East and Africa (EMEA) and Asia Pacific, a slight increase on the previous year.

Retailers focused on more mature markets in 2013, with 18 of the top target cities considered mature markets compared with only 14 the previous year. 83% of the survey cities saw at least one new entrant throughout the year (compared with 81% the year before); with the top target markets seeing a 28% rise in new entrants.

The number of new entrants at city level was up by 26% year-on-year, with an increasing number of retailers crossing borders to grow their businesses. Paris has risen in popularity among the cities most attractive to retailers welcoming 50 new entrants over the year, including 10 new Luxury & Business Fashion brands. Paris benefitted from three new shopping centers in 2013, but it was the prime high street locations that attracted most global brands. Competition on these high streets between luxury brands is fierce due to surging demand from tourists, especially from China.

France also topped the table of the hottest countries ahead of Japan and Hong Kong. France has seen a renewed confidence in the market. Paris was the main point of entry for many retailers and has seen rents increase to decade highs due to significant interest from global retailers for the limited amount of available prime space. Paris was not the only target market; retailers also chose nine other French cities for their first store.

Tokyo is second as the most attractive city for global retailers, seeing double the number of new entrants during 2013 (48) than it did in 2012, reflecting renewed confidence in the economic prospects of Japan. Half of all new entrants (24) came from the U.S., while a further 18 were from Europe. Hong Kong and Abu Dhabi were the third and fourth ‘hottest’ markets with 43 and 42 new entrants respectively.

London is the home of more international brands than any other city, yet it still attracted 31 new market entrants last year. Other cities in the top ten included Beijing, Moscow, Shanghai, Frankfurt, Taipei and Singapore.

Jose Luis Martin, EMEA Senior Director of Cross Border retail, CBRE, commented:

“The improving economic prospects in Western Europe and North America is leading global retailers to refocus their expansion plans on mature markets and the world’s major retail destinations, with Paris, Tokyo, London and Berlin the top targets. Retailers have also turned their attention to recovering European markets and Asian and South American cities where they are still under represented.

“Global shopping center development is also at an all-time high and is providing the opportunity for retailers to enter new markets, particularly in Asia, Latin America and Eastern Europe. Owners are putting sizable resources into revamping, extending and freshening up their existing centers and securing major international brands is a key part of this strategy.

“The growth of the online environment has also elevated the importance of the brand – not just among luxury retailers, but across the retail spectrum with consumers seeking out aspirational brands as well as high street and value offerings, and this is driving demand for new stores.”

Retailers from the Americas are by far the most global, with 80% present in all three regions, compared with 48% of European retailers and 25% of Asia Pacific retailers. The maturity of the American market has encouraged retailers to cross borders and to extend their global reach in order to grow their companies. U.S. retailers expanding into EMEA represented 40% of cross-border movements by American retailers, 35% were entries into Asia, and only 18% were entries into other countries in the Americas region.

Naveen Jaggi, Senior Managing Director, Retail Services, CBRE, commented:

“The maturity and density of the American market is encouraging retailers to look outside their home borders in order to seek growth. Retailers from the U.S. were by far the most active in their expansion with at least one American retailer entering 45 of the 61 countries surveyed.

“London remains the top market for American retailers that are looking to move out of their home region. The proportion of American retailers with a presence in London has risen 4.2% since 2012 and two thirds of retailers based in the Americas are now present in London.”

The Luxury and Business Fashion sector accounted for the highest proportion (24%) of new market entrants globally. One third (32%) of all new entrants to the Americas were from this sector which is a direct reflection of the improved outlook for U.S. consumption. Luxury and Business Fashion retailers also proved to be very active in EMEA accounting for 24% of new entrants.

Notes to editors:
CBRE’s annual survey, now in its seventh year, maps the global footprint of 334 of the world’s leading retailers across more than 189 cities, tracking cross-border retailer movements. It also looks at the markets retailers have targeted in 2013 and provides a definitive benchmark against which to measure future changes in the global retail environment through a global ranking of countries and cities which have been most successful in attracting leading international retailers.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com

For Further Information

Robert Mcgrath
T +1 212 9848267
email

Corey Mirman
T +1 212 9846542
email

Commissaries announced series of savings and sales events for the whole family in June and July

FORT LEE, Va., 2014-5-28 — /EPR Retail News/ — Whether it’s fruit and veggies at farmers markets, meat for outdoor grilling, ingredients for graduation dinners or food for the family road trip, you’ll save by shopping your commissary during June.And there’s something new: Your Healthy Lifestyle Festivals. Commissaries worldwide have partnered with installation exchanges, morale, welfare and recreation services, health clinics, and local produce growers to make possible community farmers markets, sidewalk sales, health and wellness screenings and fitness activities for the whole family in June and July. For local dates, go to http://www.commissaries.com/healthy-lifestyle-festival.cfm.

  • “Splash Into Summer,” sponsored by Tropicana, Propel, Starbucks Iced Coffee and Naked Juice. Look for large displays worldwide June 5 through July 9 advertising the event and encouraging shoppers to enter to win the “Fun in the Sun Giveaway.” Grand prize includes a Weber barbeque grill, an inflatable waterslide, $500 commissary gift card and a $300 exchange gift card. First place prizes are 10 Huffy bicycles and many more prizes. This “Splash Into Summer” promotion will be specially advertised on www.tropicanamilitary.com and www.militarywivessaving.com.
  • “Patriot Perks,” hosted by Overseas Service Corporation, June 5 through July 9. This commissary event focuses on saying “thank you” to the families of our military personnel who protect our country. The sale will feature special pricing on dozens of products and will be identified by red, white and blue patriotic signage throughout the commissary. “Perks” can be earned by shopping at your local commissary and purchasing the featured products. For every $25 spent on any combination of products from participating brands, you’ll qualify for a $10 gift card that can be used at your commissary or other military retailers.
  • “Pick Your Flavor, Pick Your Ride” sweepstakes, sponsored by Mott’s and Dr Pepper/Snapple, from June 19 to July 9. One lucky customer will have the chance to win and choose from one of two prizes: a 2014 Harley Softail Deluxe motorcycle or a 2014 Camaro coupe. To enter, customers must visit their local commissary and find the large display that depicts the motorcycle and car with a QR code. Scanning the QR code with your smart phone will take you to the online entry form. You may also enter by visiting www.Harley.commissaryentry.com. Commissaries will have special pricing on 7 UP, A&W, Canada Dry, Sunkist, RC Cola, Mott’s Apple Juice, Hawaiian Punch and Yoo-hoo.
  • “Project Healing Waters,” a cause promotion sponsored by S & K Sales Company from June 5 to July 23. This event will help raise money for this nonprofit organization dedicated to the physical and emotional rehabilitation of disabled active military and disabled veterans through fly fishing and associated activities, including education and outings. Six-page flyers containing coupons and featured savings will be handed out in commissaries during the sale. A portion of the purchase price of each featured item will be donated to “Project Healing Waters Fly Fishing.” This event has provided over $500,000 in donations to this cause.

Check with your local store manager for information on when your commissary will be offering these events. And don’t forget to routinely check the “Sales Events” tab on DeCA’s website for the latest information on sales and savings.

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5–percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Carrefour partner and franchisee Label’Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

PARIS, 2014-5-28 — /EPR Retail News/ — Label’Vie, a Carrefour partner and franchisee, is opening its fortieth supermarket and fourth hypermarket under the Carrefour brand in Morocco.

> On 8 May, Morocco’s fortieth Carrefour Market supermarket opened its doors in Marrakesh.
The ‘Carré Eden’ Carrefour Market has a sales area of 1,900 sq. m. and is located in a shopping centre in the heart of the city.

> On 21 May, the country’s fourth Carrefour hypermarket opened in the city of Oujda.
Carrefour ‘Oujda’ has a sales area of 3,800 sq. m.

Label’Vie currently operates 56 stores, including four Carrefour hypermarkets, 40 Carrefour Market supermarkets, two Express convenience stores and 10 Atacadao stores.

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Carrefour partner and franchisee Label'Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

Carrefour partner and franchisee Label’Vie opens 40th supermarket and 4th hypermarket under the Carrefour brand in Morocco

Kesko Corporation appoints Mikko Helander new Managing Director

Mikko Helander to be Kesko Corporation’s new Managing Director

Helsinki, Finland,  2014-5-28 — /EPR Retail News/ — Kesko Corporation’s Board of Directors has appointed Mikko Helander, M.Sc. (Tech.), as Kesko Corporation’s Managing Director and Kesko Group’s President and Chief Executive Officer as from 1 January 2015.

Mikko Helander (b. 1960) will join Kesko as Kesko Corporation’s Deputy Managing Director and Member of the Group Management Board on 1 December 2014 at the latest and he will be Kesko Group’s President and CEO starting from 1 January 2015. Helander has acted as the Chief Executive Officer of Metsä Board Corporation and as a Member of the Executive Management Teamof Metsä Group since 2006 and before that as the Chief Executive Officer of Metsä Tissue Corporation as well as in various management positions at the Valmet and Metso Groups. He has been a Board Member at Metsä Fibre Oy since 2008 and at the German Pulp and Paper Association (VDP) since 2013. Earlier Helander has been the Vice Chairman of the Board at Myllykoski Paper Oy in 2007-2012 and a Board Member at the Finnish Forest Industries Federation in 2007-2011.

Starting from 1 January 2015, President and CEO Matti Halmesmäki will continue as a special advisor and in special assignments to be agreed with Kesko’s Board of Directors until 31 May 2015 when he will retire.

“In Kesko’s history, Mikko Helander will be the first President and CEO that has been nominated from outside the company. He has a strong track record in effective business leadership in a rapidly changing operating environment. Kesko’s management is experienced and competent and the Group’s financial performance and condition are very strong. This will provide an excellent basis for the work of the new President and CEO”, says Board Chair Esa Kiiskinen.

Kesko will hold a press conference on the appointment today, Wednesday 28 May 2014, at 10 a.m. EET in the auditorium at Ankkurikatu 5, Helsinki. Mikko Helander will also be present.

A photograph of Mikko Helander with personal information is available on Kesko’s website at www.kesko.fi/Group-Management-Board.

Further information will be available after the press conference from Board Chair Esa Kiiskinen, tel. +358 10 53 50200, and President and CEO Matti Halmesmäki, tel. +358 10 53 22201.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

John Lewis reveals five startups who made it to the final stage of its JLAB technology incubator

LONDON, 2014-5-28 — /EPR Retail News/ — John Lewis today reveals the five startup businesses who have made it to the final stage of JLAB, the retailer’s first-ever technology business incubator. From 3D room planners and in-store digital engagement to wireless sound systems and smart labels for after-sales care, the five finalists represent a range of innovative ideas with the potential to shape the shopping experience of the future.The five JLAB finalists are:

  • Localz, in-store digital engagement
  • Musaic, wireless sound system for smart homes
  • SpaceDesigned, online 3D room planning
  • Tap2Connect, smart labelling for after-sales care
  • Viewsy, in-store digital engagement

The final five were selected by the JLAB panel, comprising of John Lewis representatives, technology entrepreneur and JLAB partner Stuart Marks* and a selection of external mentors, following a pitch day on 20 May. The five startup companies will now be given dedicated office space at JLAB’s London hub, located within Level39, as well as initial funding of £12,500, access to John Lewis proprietary technology (platforms, data, APIs etc.) and access to the full mentor panel, which includes experts such as Luke Johnson, Chairman of Risk Capital Partners, and Sarah Murray OBE, founder of confused.com, alongside a range of John Lewis leaders. JLAB will be situated in Level39’s High Growth Space, which is based on the 42nd floor of Canary Wharf’s iconic One Canada Square building.

Following a 12-week incubation period, the JLAB panel will select a winning company who will receive up to £100,000 in further investment and the chance to trial their solution in-store. Should this be a success, their solution may be implemented across the John Lewis estate.

Paul Coby, IT Director at John Lewis, said: ‘Innovation is at the heart of John Lewis Partnership’s DNA, in our 150th year I am delighted that we will be working with some of the best technology innovators to develop better products and better customer service. We’re confident that the JLAB finalists each have an idea with real potential to either improve the shopping experience or offer customers something new to use in the home. I really feel that if our Founder Spedan Lewis were alive today he would be starting a tech incubator.’

Stuart Marks, technology entrepreneur and partner in JLAB, said: ‘We were very pleased with the quality of companies that attended the pitch day.  We are certain that the companies that we have selected will thrive at JLAB over the summer and benefit from the exceptional mentoring team and access to the John Lewis business.  Every company has the potential to win and it will be exciting to watch how they develop.’

JLAB will officially open on Monday 9 June. Further information on each JLAB finalist can be found below. For more information, please visit www.jlab.co.uk.

Localz
Headed up by co-founders Tim Andrew, Pete Williams and Melvin Artemas, Localz is an in-store digital engagement system which uses proximity and iBeacon technology. Currently, retailers don’t know when their best online shoppers arrive at a real life store. Localz is designed to let retailers know they have arrived as they walk through the door.A demo video with further information on Localz can be viewed at vimeo.com.

Musaic
Musaic is a wireless sound system designed to integrate fully with today’s smart home. Founders Matthew Bramble, Simon Grabowski and Carolyn Van Dongen have created a wireless Hi-Fi system that can stream music from any platform to multiple rooms in a house.A demo video with further information on Musaic can be viewed on youtube.

SpaceDesigned
SpaceDesigned, from co-founders Nicholas and Diane Shaw, is an online app which allows consumers to accurately create and view virtual 3D versions of rooms in their house. They can then add potential new furniture purchases and see how they might fit in.A demo video with further information on SpaceDesigned can be viewed on youtube.

Tap2Connect
Tap2Connect, from founder Steve Cooke, is an after-sales service that uses smart labels to increase customer engagement. Smart labels enable consumers and retailers to track a product’s lifecycle and make on-going service or repairs easier to handle.A demo video with further information on Tap2Connect can be viewed on youtube.

Viewsy
Viewsy, founded by Odera Ume-Ezeoke, is an in-store digital engagement system designed to help retailers better understand their customers. In-store sensors track customers’ behaviour as they move through the store, allowing retailers to better understand them and to offer them more personalised and efficient services.A demo video with further information on Viewsy can be viewed at vimeo.com.

*Stuart Marks biog – Stuart founded his first business in 1990 and since then has built up and sold several tech based companies specialising in Big Data. These have ranged from managing customer loyalty programmes, such as the Reward Card, the predecessor of Nectar for Sainsbury’s to building complex web interfaces at Module Communications, one of the UK’s leading digital media agencies which was sold to Grey Advertising.  In 1999, Stuart founded LSE listed ITIS Holdings which was a very early adopter of crowd sourced GPS data  to provide real time traffic information across Europe. Having sold ITIS to Seattle based INRIX in 2011, Stuart established his own fund which invests in and mentors many startup and growth stage companies in the UK.

Notes to editors
The John Lewis Partnership – The John Lewis Partnership operates 41 John Lewis shops across the UK (31 department stores and 10 John Lewis at home), johnlewis.com, 317 Waitrose shops, waitrose.com and business to business contracts in the UK and abroad. The business has annual gross sales of over £10bn. It is the UK’s largest example of worker co-ownership where all 91,000 staff are Partners in the business.

John Lewis – John Lewis, ‘Multichannel Retailer of the Year 2014’¹, ‘The Nation’s Best Retailer’² and ‘Best Retailer 2013’³, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 250,000 products, and is consistently ranked one of the top online shopping destinations in the UK. (www.johnlewis.com). John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

¹ Oracle Retail Week Awards 2014
² Verdict Consumer Satisfaction Awards 2013
³ Which? Awards 2013

You can follow John Lewis on the following social media channels:

www.johnlewis.com/twitter 
www.johnlewis.com/facebook 
www.johnlewis.com/youtube.

Enquiries
For further information please contact:Vikki Speed
Press Officer, Corporate and Social Media, John Lewis
Telephone: 020 7931 4921
Email: vikki_speed@johnlewis.co.uk

Delhaize Group’s 2013 accomplishments underscored in its Sustainability Progress Report

Delhaize Group’s 2013 accomplishments underscore progress toward Company’s 2020 ambition – to be ”Supergood” sustainability leaders.

Brussels, Belgium, 2014-5-27 — /EPR Retail News/ —Delhaize Group (NYSE Euronext Brussels: DELB – NYSE: DEG,) the international food retailer serving communities in nine countries, published its 2013 Sustainability Progress Report today online at http://sustainabilityreport.delhaizegroup.com.

The report details the company’s progress in addressing important dynamics of climate change, resource scarcity and consumer health needs within its industry for its local communities. The achievements bring Delhaize Group another step closer to its 2020 ambition, as defined in its “Supergood” Sustainability Strategy launched in 2012.

“Our 2020 ambition is to be sustainability leaders – to be “Supergood” – in all our markets, through full commitment to sustainable private brand products, waste reduction, healthier lifestyles, and employment of a diverse associate base,” said Frans Muller, President and CEO of Delhaize Group.

2013 achievement highlights:

  • Sustainable private brands: Delhaize Group made important strides in supporting sustainable agriculture and healthier eating. One example is Alfa Beta’s launch of its sustainable seafood initiative, ensuring that its fresh seafood will be 100% sustainably sourced. A second example is the fact that our percentage of Global Food Safety Initiative (GFSI)-certified private brand suppliers rose to 82%.
  • Zero waste: Delhaize Group succeeded in reducing waste through innovations in its operations world-wide. For example, its Delhaize America banners reduced their waste sent to landfill by 19% and the average Group-wide recycling rate increased to 56%.
  • Everyday practices: Delhaize Group took responsibility for minimizing one of the industry’s largest contributors to climate change – refrigeration emissions. It installed state-of-the-art transcritical CO refrigeration systems in two stores (one in Belgium and one in the U.S.) to test how the Group can dramatically reduce its climate change impact from refrigeration. The company reduced emissions from refrigerants by 8% per square meter in 2013 alone.
  • Employment of a diverse associate base: Delhaize Group is being recognized for employing a diverse associate population that represents its surrounding communities. For example, the Human Rights Campaign recognized Delhaize America as one of the best places to work in the U.S.

“These are the kinds of examples that embody our values of integrity and determination, and our intention to do what is right,” said Delhaize Group President and CEO Frans Muller. “I am encouraged by the progress Delhaize Group made in 2013 in addressing the concerns that matter most to local customers and the communities we serve.”

This year, the report separates a short summary of overall Group results from distinct “bite-sized” chapters for each Operating Company. Read the full report online here: http://sustainabilityreport.delhaizegroup.com.

This press release is available in English, French and Dutch on Delhaize Group’s website www.delhaizegroup.com/. Delhaize Group also has a sustainability blog “Feed Tomorrow,” available at blog.delhaizegroup.com/.

Questions can be sent to sustainability@delhaizegroup.com

About Delhaize Group
Delhaize Group is a Belgian international food retailer present in nine countries on three continents. At the end of the first quarter of 2014, Delhaize Group’s sales network consisted of 3 520 stores. In 2013, Delhaize Group posted €20.9 billion ($27.8 billion) in revenues and €179 million ($237 million) in net profit (Group share). At the end of 2013, Delhaize Group employed approximately 160 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

Contacts

Charles Davis: +32 2 412 82 57+32 2 412 82 57chdavis@delhaizegroup.com

Fatima Martins: +32 2 412 87 85+32 2 412 87 85fmartins@delhaizegroup.com

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

Statements that are included or incorporated by reference in this press release and other written and oral statements made from time to time by Delhaize Group and its representatives, other than statements of historical fact, which address activities, events and developments that Delhaize Group expects or anticipates will or may occur in the future, including, without limitation, when the sale of Sweetbay, Harveys and Reid´s to Bi-Lo Holdings is expected to be completed; the financial flexibility that will result from the sale; the ultimate value of the transaction to Delhaize Group after working capital adjustments, expected costs savings, the closing, conversion and opening of stores, the expected effect of the portfolio optimization, anticipated revenue and net profit growth, anticipated free cash flow generation, strategic options, future strategies and the anticipated benefits of these strategies and (underlying) operating profit guidance, are “forward-looking statements” within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include phrases such as “guidance,” “outlook,” “projected,” “believe,” “target,” “predict,” “estimate,” “forecast,” “strategy,” “may,”“goal,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “should” or other similar words or phrases. Although such statements are based on current information, actual outcomes and results may differ materially from those projected depending upon a variety of factors, including, but not limited to, changes in the general economy or the markets of Delhaize Group in strategy, in consumer spending, in inflation or currency exchange rates or in legislation or regulation; competitive factors; adverse determination with respect to claims; inability to timely develop, remodel, integrate, open, convert or close stores; and supply or quality control problems with vendors. Additional risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements are described in Delhaize Group’s most recent Annual Report on Form 20-F and other filings made by Delhaize Group with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. Delhaize Group disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, including guidance with respect to underlying operating profit, SG&A, net finance costs, capital expenditures, store openings and free cash flow, or to make corrections to reflect future events or developments

Tengelmann E-Stores GmbH succeeds with its GartenXXL.de on Intershop’s omni-channel commerce platform

  • An especially fast rollout and solid customer orientation quickly turn an online garden supply store into an award-winning model for success
  • On the heels of Plus.de, Intershop continues its partnership with Tengelmann E-Stores GmbH with its GartenXXL collaboration
  • Flexible Intershop solution allows for accessible design

Jena, Germany, 2014-5-27 — /EPR Retail News/ — Tengelmann E-Stores GmbH has been operating GartenXXL.de on Intershop’s omni-channel commerce platform since 2013, and so far has nothing but good to report on balance.

In 2012, under the umbrella of its “e-stores”, the company set up an e-commerce platform capable of handling multiple online shops at once. The complete IT landscape, logistics and product range form the common basis for all shops. The individual brands represent the pillars that build on this foundation, which saves both money and resources. The aim was to quickly launch competitive specialty shops on the market at low cost. For its shop software, the company relies on the standard Intershop technology. It has added several functions and interfaces in order to tailor the solution precisely to the individual design of GartenXXL, its first specialty shop. Taking its cue from the positive experiences with Plus.de, Tengelmann E-Stores GmbH is now expanding its successful work with Intershop in its GartenXXL venture.

Intershop meets complex technical requirements throughout

“When we designed the shop, we were able to draw on our e-commerce experience with Plus.de, which dates back more than 10 years,” reports CEO Bastian Siebers. “Even then, it went well beyond our expectations, which were high to begin with.” With a required time frame of just under 100 working days, the project was implemented in a very short space of time. The shop now has more than 20,000 items from well-known brand names like Gardena, Fiskars, Bosch and Kettler. Buying is easy thanks to a wide selection of payment options including all popular payment methods such as purchase on account up to an order value of EUR 2,500, credit card, PayPal, direct debit, cash in advance, and the SOFORT transfer service. Sophisticated logistics processes and longtime partnerships with shippers and exporters make order processing fast and efficient, ensuring that even fragile goods like potted plants arrive quickly and safely at the buyer’s address.

Customer orientation and a service mentality garner awards for the successful GartenXXL project

The broad range of services available from GartenXXL also helped the store off to a successful start in February 2013. While a toll-free advice hotline with product specialists from the purchasing team helps gardeners with advice, there is also an online magazine integrated directly into the shop with plenty of tips and helpful suggestions for designing the perfect yard or balcony garden. Services include an array of practical video guides – for example, on how to set up a recently purchased greenhouse – that provide answers to every possible customer question. Accessible website design also makes it possible for the visually impaired to shop on GartenXXL. Low shipping costs round off the service package: Any order of EUR 20 or above is shipped free of charge. Even logistics are green – most of the packages are shipped in a CO2-neutral manner with the GoGreen service from Deutsche Post.

The exceptional service quality pays dividends for the company. The online dealer enjoys very high conversion rates and transaction values, and in 2014 was recognized for its shop by the Internet World Business industry magazine, which ranked it second in the category of “Best Online Pure Player”.

“Across the board, Intershop meets our complex requirements for a high-performing e-commerce solution,” summarizes Jens Schürks, Head of Software Development at Tengelmann E-Stores GmbH. “The Intershop platform proved to be a welcome revenue driver in the wake of our heavy investment in brand marketing campaigns.”

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 at www.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

Immochan released its 2013 Annual and Sustainable Development Report

Croix, France, 2014-5-27 — /EPR Retail News/ — Throught this document, you will find the 2013 key events of the firm, in terms of development, retail, innovation and sustainable development.

Owning more than 2.3 million sqm GLA in shopping centres, Immochan is one of the biggest commercial real estate compagny in Europe. The firm broadcasts its 2013 Annual and Sustainable Development Report, consolidating all the actions launched in the countries where it is present.

You will find the 2013 key events in terms of development (Bronowice, Epinay-sur-Seine), retail (retailer quality charter, promotional events), innovations (Creative Attitude, Perpignan) and the Sustainable Development policy (BREEAM certification, Immochan France foundation) of the firm.

Download the 2013 Annual and Sustainable Developement Report

AHOLD REPURCHASED 2,285,504 AHOLD COMMON SHARES FOR € 32.26 million BETWEEN MAY 19 AND 23, 2014

Zaandam, the Netherlands, 2014-5-27 — /EPR Retail News/ — Ahold has repurchased 2,285,504 Ahold common shares in the period from May 19, 2014 up to and including May 23, 2014.

The shares were repurchased at an average price of € 14.1137 per share for a total consideration of € 32.26 million. These repurchases were made as part of the € 500 million share buyback program announced on February 28, 2013 as increased by € 1.5 billion to a total amount of € 2 billion announced on June 4, 2013.

The total number of shares repurchased under this program to date is 105,061,322 common shares for a total consideration of € 1,356.51 million.

During the share buyback program, Ahold publishes a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to communications@ahold.com if you would like to receive one or more of these weekly releases.

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National Association of Convenience Stores welcomes Palak Patel as analyst-programmer

​ALEXANDRIA, VA, 2014-5-27 — /EPR Retail News/ — Palak Patel has joined NACS as an analyst-programmer. Before coming to NACS, Patel interned at i3Solutions and worked at George Mason University.  She also tutored other students in Java programming and web development at Northern Virginia Community College.Patel earned a BS in Applied Information Technology from George Mason University with a concentration in database and programming.

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Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 151,000 stores across the country, posted $696 billion in total sales in 2013, of which $491 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

Giant Eagle Inc.® opens its second Giant Eagle Express neighborhood grocery store in Indiana

New 24-hour neighborhood grocery store opens featuring fresh prepared foods, full-service deli and a broad selection of grocery items in a quick in-and-out setting.

INDIANA, Pa.,  2014-5-27 — /EPR Retail News/ — Pittsburgh-based multi-format food and fuel retailer Giant Eagle Inc.® is today opening the company’s second Giant Eagle Express, a new 14,000 square-foot neighborhood grocery store at 435 South 7th Street in Indiana.

Giant Eagle Express features a wide selection of fresh prepared foods like fresh-to-order old-fashioned subs, sandwich wraps, breakfast sandwiches, sushi made in-store daily, made-to-order pizzas, house-roasted rotisserie chicken, hearty pot pies, a salad bar, and a full-service deli with premium, fresh-sliced meats and cheeses.

The store also includes an in-store bakery, 150 varieties of domestic and imported beers, meat and seafood offerings, farm fresh produce, and a broad selection of the most commonly shopped for grocery items.

“Our new Indiana Giant Eagle Express features all of the fresh food offerings customers expect from Giant Eagle, in a contemporary, neighborhood grocery format,” said Vice President of Giant Eagle Express Dave Daniel. “Since the 2007 introduction of our first Giant Eagle Express in the Pittsburgh area, customers quickly came to appreciate the ability to get fresh and high quality meal solutions in a fast and friendly manner. We have continued to refine the concept in Pittsburgh, and are excited to bring our latest thinking to Indiana.”

Daniel said Giant Eagle Express customers will find:

The freshest foods

  • Restaurant quality offerings including old-fashioned subs, made-to-order pizza, sushi rolled fresh daily, rotisserie chicken, breakfast sandwiches and more
  • A salad bar and hot bar
  • Full-service deli with premium, fresh-sliced meats and cheeses
  • High quality meat and seafood items
  • A wide selection of farm fresh produce, fruits and vegetables
  • A bakery offering fresh-baked bagels in a variety of flavors, as well as donuts, muffins, cookies and bread

A World of Beverages

  • More than 20 varieties of fountain beverages including Pepsi and Coke products, as well as a variety of frozen drinks and f”real Milkshakes
  • Popular energy drinks and sports drinks like Monster, Red Bull and Gatorade
  • Bottled waters, flavored waters and tea
  • Custom coffee with a range of roasts from mild to strong, and a selection of cappuccinos, teas and hot chocolates
  • 150 varieties of domestic and imported beers to take home or enjoy in our café with a delicious meal

Time-Saving Convenience

  • A wide selection of grocery items in an easy-to-shop format, including frozen food, dairy, pasta and sauces, snacks and beverages
  • Health & beauty items and baby products, with convenient pharmacy prescription delivery available at the nearby Giant Eagle supermarket on Ben Franklin Road
  • A touch screen kiosk permitting customers the ability to custom-order numerous items including fresh pizzas, breakfast sandwiches, old-fashioned subs, salads, wraps and soups
  • Dual Citizens Bank surcharge free ATM kiosks
  • Free, unlimited WiFi in the café area with seating for more than 100 inside and an additional 25 outside, and a DVD rental kiosk
  • Fresh floral bouquets

Great Customer Values

  • The Giant Eagle fuelperks! rewards program, offering customers who meet purchase requirements a 10-cent discount on each gallon of gas purchased at GetGo locations for every $50 spent with the Giant Eagle Advantage Card®
  • The Giant Eagle Gift Card Gallery, allowing customers to purchase gift cards from more than 150 retailers, using them like cash for everyday necessities or gifts, all while earning fuelperks!

“The Indiana Giant Eagle Express offers the best in fresh foods, fill-in grocery needs and convenience-oriented services,” said Daniel. “We believe it fits the need right here in the center of town, with the nearby university and area residents.”

The new store will employ approximately 75 Team Members and will be open 24 hours a day, seven days a week. The store’s grand opening celebration begins on Thursday, May 24 at 9 a.m. with a ribbon-cutting ceremony followed by a $1,000 donation to the Indiana County Action Program.

About Giant Eagle
Giant Eagle Inc., is one of the nation’s largest food retailers and distributors with approximately $9.3 billion in annual sales, which would make the company the 27th largest privately held company on Forbes magazine’s largest private corporations list. Giant Eagle is also a recent recipient of Grocery Headquarters’ Retailer of the Year Award and the EPA’s ENERGY STAR Retail Partner of the Year Award. Founded in 1931, Giant Eagle, Inc. has grown to be the number one supermarket retailer in the region with 231 supermarkets in addition to 172 fuel and convenience stores throughout western Pennsylvania, Ohio, north central West Virginia and Maryland.

Russian retailer Magnit opens its 51st Magnit Family store

Krasnodar, Russia, 2014-5-27 — /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 51st “Magnit Family” store.

Please be informed that today the Company has opened its 51st “Magnit Family” store located at 39, 30 Letiya Pobedy Boulevard, Volgograd, Southern federal district. Assortment of the store consists of about 5,900 SKUs, out of which about 80% are food items. There are 13 cash desks installed in the sales area. The out let is owned by the Company. The hypermarket is open 7 days a week from 9.30 am to 10 pm.

For further information, please contact:

Timothy Post
Director, Investor Relations
Email:  post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562

Dina Svishcheva
Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-4554 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562

Company description:
Magnit is Russia’s largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of March 31, 2014, Magnit operated 23 distribution centers and over 8,200 stores (7,341 convenience, 215 hypermarkets, and 700 cosmetics) in more than 1,905 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS consolidated financial statements for 2013, Magnit had revenues of $18,202 million USD and an EBITDA of $2,032 million USD.

Magnit’s local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor’s of BB. Measured by market capitalization, Magnit is one of the largest retailers in Europe.

Hy-Vee’s seafood sustainability efforts ranked fifth among the country’s top 26 retailers according to Greenpeace USA report

Hy-Vee’s Seafood Procurement Policy and Responsible Choice program lauded as ‘remarkable’ and efforts debut as fifth best in U.S.

WEST DES MOINES, IA, 2014-5-27 — /EPR Retail News/ — In the world of seafood sustainability, Hy-Vee has quickly become a big fish in a big pond. In the Carting Away the Oceans: 2014 Rankings of Seafood Sustainability in U.S. Supermarkets report released last week by Greenpeace USA, Hy-Vee’s seafood sustainability efforts are ranked fifth among the country’s top 26 retailers. The report evaluates major U.S. retailers for the sustainability of their seafood in four key areas: policy, initiatives, labeling and transparency, and Red List inventory.

According to the report, “Hy-Vee’s remarkable entrance can be credited to the seafood team’s internal drive and proactive approach to seafood sustainability, coupled with corporate-level endorsement and confidence in its category staff.”

“We were surprised at how well Hy-Vee performed, by essentially rocketing to fifth place, which is a particularly impressive showing for a new entrant to the evaluations,” said James Mitchell, Greenpeace senior seafood campaigner.

Hy-Vee has made it a priority to focus on and improve how it provides a diverse selection of seafood to its customers. As a result of that process, the company has updated its Seafood Procurement Policy for both wild caught and farmed seafood and rolled out a Responsible Choice program to educate consumers. Hy-Vee’s Responsible Choice program and its comprehensive Procurement Policy were developed in partnership with FishWise – a non-profit organization focused on supporting sustainability through environmentally responsible business practices.

Through these new efforts, Hy-Vee has committed to sell responsibly sourced fresh and frozen seafood that is either rated Green or Yellow by the Monterey Bay Aquarium’s Seafood Watch program, certified to an environmental standard equivalent to these ratings, or is sourced from credible, time-bound improvement processes by the end of 2015. In addition, Hy-Vee has been a strong supporter of both the Ross Sea Pledge and the Bering Sea Canyons initiative, and has committed to not selling genetically engineered seafood.

“We’re extremely pleased and honored with this recognition. It represents both a commitment from our stores as well as from Hy-Vee customers who have demonstrated that they want seafood that is responsibly harvested and minimizes damage to the environment,” said Hy-Vee’s Nate Stewart, Vice President of Perishables. “Through our new efforts, we are providing our customers high quality seafood in accordance with the most stringent environmental standards in the food industry. We look forward to continually improving our offerings in the future.”

For more information on Hy-Vee’s seafood sustainability efforts, please visitwww.hy-vee.com/company/sustainability/responsible-choice-seafood. To access the full report, please visitwww.greenpeace.org/usa/en/campaigns/oceans/seafood.

ABOUT HY-VEE, INC
With 237 retail stores across eight Midwestern states and sales of more than $8 billion, Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the United States. Supermarket News, the authoritative voice of the food industry, has honored the company with a Whole Health Enterprise Award for its leadership in providing services and programs that promote a healthy lifestyle. For more information, visit www.hy-vee.com.