Sainsbury’s to help plant millions of native British trees across Centenary Woods in England, Northern Ireland, Scotland and Wales

LONDON, 2014-6-5 — /EPR Retail News/ — Sainsbury’s is marking its ten year partnership with the Woodland Trust by announcing a new partnership to support the charity’s commemorative First World War Centenary Woods project. Customers who buy Sainsbury’s Woodland free range eggs, chicken and turkey will not only be buying higher welfare produce – they will be helping to create four lasting memorial woodlands for those affected by the Great War across the UK.

As the Woodland Trust’s biggest supporter, Sainsbury’s will help plant millions of native British trees across Centenary Woods in England, Northern Ireland, Scotland and Wales. Money raised by Sainsbury’s will be through:

  • Sales of its Woodland product s in store. Sainsbury’s donates 1p from every dozen Woodland free range eggs sold, 2p from Woodland chicken and 10p from Woodland turkeys to the Woodland Trust
  • Sales of dedicated Woodland products including English apples, honey and Jute bags
  • Promoting tree planting through customers and colleagues

The Woodland Trust today announced the location of Scotland’s Centenary Wood, in the Pentland Hills, south of Edinburgh. Over the next four years more than 50,000 trees including oak, birch and rowan will be planted. The first Sainsbury’s funded tree will be planted in honour of Margaret Murison’s grandfather William Balmer and his brother John, who both fell on the 11 April 1917.

Mrs Murrison said: “William and John are buried in France, but it’s unlikely that I’ll be able to visit their graves. Dedicating trees to their memory is a wonderful idea, bringing them to life for me more vividly than ever before. It’s something that’s growing, something that’s living and fresh.”

England’s Centenary Wood will cover 640 acres in Langley Vale, near Epsom, Surrey. Sainsbury’s has hand picked David Appleton from Diss, Suffolk to plant the first Sainsbury’s funded tree in honour of his four great-uncles, George, Charles, Henry and Frances James, who were all killed in action between 1915 and 1916.

Mr Appleton said: “I think the new Centenary Woods are as fitting a means of commemoration as can be imagined: practical, beneficial and long-term sustainable. A wood is the polar opposite of war – a beautiful, peaceful oasis of calm and life which throws into sharp contrast all that war brings.”

Mike Coupe, Sainsbury’s Group Commercial Director and CEO Delegate said: “We’re pleased to support such a fitting memorial to those affected by the First World War. It’s important to our customers and colleagues, and commemorative to the 350 colleagues who fell during World War One.

“As well as choosing our high welfare Woodland products, our customers know they’re also playing a part in a great cause that we’ve supported for 10 years.”

The first Sainsbury’s funded tree in the 53 acre Centenary Wood in Faughan Valley, County Londonderry in Northern Ireland will be dedicated to Edmund Gray, and planted by his nephew, Stanley McMinn from Londonderry.  Private Edmund Gray was a 26 year old stretcher bearer for the 9th Battalion Royal Irish Fusiliers in Passchendaele when he was killed in 1917, by shell fire while retrieving a wounded officer.

Mr McMinn said: “There is no known grave for Eddie and his remains were never found. I think the Centenary woods are a brilliant idea and an excellent way to commemorate all those who fell like my Uncle Eddie. I’m so excited that the Northern Ireland wood will be near where we live, and I will be able to go and visit.”

Beccy Speight, Chief Executive of the Woodland Trust said: “I am new to the Woodland Trust but I have already seen how mutually beneficial and fruitful this partnership has been over the past ten years – and look forward to the First World War project – and the creation of 1,000 acres of woodland through our four centenary woods.

“It will ensure all those brave people who fell while representing Britain and the Commonwealth will never be forgotten, while also helping to create lasting legacies that people can hopefully benefit from for hundreds of years to come – as well as ensuring over three million trees are available to schools, community groups and youth groups.

“On behalf of myself and the Woodland Trust, I thank Sainsbury’s for continuing to support and work with us to ensure that together we protect and create woods which are the lifeline for both people and wildlife.”

Clive Anderson, British radio and television presenter and President of the Woodland Trust continues: “I have been President of the Woodland Trust for 10 years, during which time  the partnership between the Woodland Trust and Sainsbury’s has flourished, through schemes such woodland eggs and chickens which benefit farmers as well as preserve trees and woods.

“The Woodland Trust’s project, with the support of £1 million from Sainsbury’s to plant millions of trees across the United Kingdom in memory of the fallen. Allows anyone to be involved and I believe it’s a project that will capture the nation’s heart.

“In this time of great stress on our woods it is vital we redouble our efforts on behalf of our trees to preserve a landscape fit for heroes. In the long run, trees planted today will outlive us and enhance the lives of generations to come.”

Sainsbury’s latest commitment to growing British woodlands adds to the £3.5 million the retailer has donated during its ten year partnership with the Woodland Trust. Since Sainsbury’s first Woodland free range eggs were sourced from Devon in 2004, it is the only retailer to offer high welfare Woodland eggs, chicken and turkey. The Woodland fowl have freedom to roam in a natural wooded environment, under the shelter and protection of trees and hedges. All woodland farms are planted with a mix of indigenous trees, not only benefiting the welfare of the animals, but also enhancing the biodiversity of the UK.

Notes to editors

  • Sainsbury’s latest commitment to growing British woodlands adds to the £3.5 million the retailer has donated during its ten year partnership with the Woodland Trust
  • Sainsbury’s first Woodland product was free range eggs which launched in 2004
  • Sainsbury’s has a target to plant 2 million trees by 2015, as set out in our 20×20 Sustainability Plan
  • The Woodland Trust has been planting trees and standing up for woodland for 40 years. Today, it’s an even louder voice for woodland and the species that call it home. Today it owns 1,200 woods which are open year round for the public to enjoy free of charge. And it continues to plant.  In the last year it’s planted 6 million trees, many with the help of schools and communities to create urban green spaces.

###

Sainsbury’s to help plant millions of native British trees across Centenary Woods in England, Northern Ireland, Scotland and Wales

Sainsbury’s to help plant millions of native British trees across Centenary Woods in England, Northern Ireland, Scotland and Wales

Sainsbury’s launched interactive new mobile and online tool “Sainsbury’s Food Rescue” to help Brits waste less

LONDON, 2014-6-5 — /EPR Retail News/ — Sainsbury’s has launched an interactive new mobile and online tool, Sainsbury’s Food Rescue, developed in partnership with Google. The tool gives people practical help and inspiration on using up ingredients that can often lay forgotten at the back of the fridge or cupboard.

Sainsbury’s Food Rescue aims to satisfy Brits’ growing appetite to waste less as busy, cash-conscious families continue to rediscover habits such as meal planning and using leftovers to make their hard-earned money go further. WRAP data estimates that 4.2 million tonnes of avoidable food and drink is still wasted each year, leading to the average family losing out on £60 each month. Sainsbury’s Food Rescue has the potential to help families make those savings through offering inspiration on how to use up the food they already have.

New data from Google reveals that searches for recipes using leftovers have surged by 1/3 compared to last year, with 64% of searches done on-the-go via mobile devices. Sainsbury’s Food Rescue fuses the latest mobile voice recognition technology with recipe inspiration to offer families practical help and advice whether they are at home or on the move, helping make their food go further. Users can say or input up to nine ingredients and in return they will be presented with recipe inspiration from more than 1,200 choices, including anything from showstopping suppers to simple snacks.

In a bid to unleash the nation’s competitive spirit, Sainsbury’s Food Rescue uses live technology to record the weight of food rescued and the money saved per completed recipe in a fun, interactive way. This feeds into a leaderboard to show which regions across the UK lead the way when it comes to rescuing their food. Users can also see the most rescued ingredient in their region and the most popular recipes being cooked across the UK.

Speaking about the new technology, Sarah Warby, Marketing Director of Sainsbury’s said: “Shopping habits have really changed. Families are savvier than ever, looking for practical help to make the most of the food in their cupboards and fridges.

“We know that confidence and know-how can really help people reduce the amount of food they throw away.  We’ve created Sainsbury’s Food Rescue with Google to inspire people to turn the food items they already have into something delicious. And over the months ahead we’ll be able to see how much food and money British households are saving by using Sainsbury’s Food Rescue, as well as the popular ways to save.”

Indy Saha, Director of Creative Strategyat Google added: “More people in Britain are online than ever before and this growth is driven by tablets and smartphones. The average household in the UK has 3.1 devices – the highest in Europe.

“Using our voice search technology, the Food Rescue tool allows Sainsbury’s customers to use up the food that they might otherwise throw away. Simply say what ingredients you have left and discover simple inspirational recipes. Whether you are on the way home thinking about what’s for dinner, at the supermarket lacking inspiration or in the kitchen, the tool will help you save and get better value for money by not wasting food.”

Welcoming the move, Emma Marsh of WRAP’s Love Food Hate Waste campaign said: “Our research has shown that one of the main reasons that we throw away food from our homes is because we don’t get around to eating it before it’s gone past it’s best. We’re delighted to have worked with Sainsbury’s helping customers to reduce their food waste with the launch of Sainsbury’s Food Rescue. It’s a fantastic tool which can help everyone to make the most of their forgotten foods and leftover ingredients by providing some tasty recipe ideas.”

###

Sainsbury’s launched interactive new mobile and online tool "Sainsbury’s Food Rescue" to help Brits waste less

Sainsbury’s launched interactive new mobile and online tool “Sainsbury’s Food Rescue” to help Brits waste less

Marks & Spencer publishes new, agile and stronger sustainable business plan in its 2014 “Plan A Report”

LONDON, 2014-6-5 — /EPR Retail News/ — Marks & Spencer (M&S) today publishes its 2014 Plan A Report which launches a new, agile and stronger sustainable business plan which extends Plan A across M&S’ international business over the next six years.

Called Plan A 2020, the 100 commitment plan retains and strengthens M&S’ 2015 eco and ethical commitments and includes new commitments that tackle both today’s and tomorrow’s sustainable retail challenges.

The plan builds on the first seven years of Plan A by extending successful commitments and scaling them across M&S operations worldwide. It further aligns the sustainability plan to M&S’ business plan to be a leading international, multi-channel retailer and includes innovative commitments that are firsts in retail and sustainable business.

Plan A 2020 highlights: 
• M&S operations worldwide, not just the UK, now carbon neutral1;
• Launch of a Global Community Programme to increase the scale of the social, environmental and economic benefits of supply chain Plan A projects;
• Make Your Mark extended to help 5,000 young unemployed people by 2016 and Marks & Start employability programme launched in international markets2;
• Sustainable learning stores to be launched overseas and UK stores to be adapted for future climate change challenges;
• Energy efficiency target increased from 35% to 50% per sq ft by 20203;
• UK stores to raise £1 million every year for local charities and plan to raise £20 million for health and well being charities by 2020.

Marc Bolland, Chief Executive of M&S, said: “Plan A is at the heart of our plans to become a sustainable, international, multi-channel retailer. It’s become a vital part of how we run our business and represents a better way of working that materially improves our customers’ and partners’ experience of M&S. Once again we have made 100 commitments comprising of existing, revised and new targets with our sights set on significant progress in the next few years.”

Mike Barry, Director of Plan A, said: “Plan A 2020 is a sustainable business plan focused on customer, employee and supplier engagement. We’ve formally included our international operations in Plan A for the first time and put Plan A at the heart of our business principles. By aligning social and environmental outcomes with our business goals in this way, we believe we can deliver greater value for all and achieve our goal of becoming the world’s most sustainable major retailer.”

Plan A 2020 in more detail
Plan A 2020 is a 100 commitment sustainable business plan with four pillars – Inspiration, In Touch, Integrity and Innovation.

Inspiration
Eleven commitments that inspire customers to live a more sustainable lifestyle and encourage other businesses to take a lead on sustainability. This includes developing products that are desirable and sustainable and encouraging M&S customers to take part in eco activities, support their local communities and choose healthier lifestyles. Highlights include:
• Introducing graphic symbols to highlight products with Plan A qualities;
• Helping customers recycle 20 million items of clothing a year;
• Promoting healthy food, working with key external stakeholders to define best practice.

In Touch
Twenty-nine commitments that connect M&S employees and suppliers to local communities to improve employment opportunities and create shared value. Highlights include:
• Launching a new set of Global Sourcing Principles with a wider remit including human rights and gender equality;
• Training for top 100 executives in sustainability and ensuring every single one of M&S’ international employees receives Plan A training;
• Ensuring every UK store supports its community by raising funds for a local charity, by taking part in employability programmes and by running events such as Macmillan coffee mornings and beach cleans with the Marine Conservation Society.

Integrity
Twenty four commitments that lead the sector in sustainable consumption and production. Covers sourcing products with integrity and operating to the highest environmental and social standards. Highlights include:
• Working with customers and stakeholders to define and deliver leadership on transparency, for example publishing annual list of clothing suppliers across the world;
• Procuring 50% of cotton from sustainable sources by 20204;
• Ensuring 75% of all M&S food comes from eco and ethical benchmarked factories by 2020.

Innovation
Thirty six commitments that invest in the products, services and operations of the future. Accelerating M&S’ work to put the circular economy into practice and operate a zero carbon business. Highlights include:
• Ensuring 50% of the energy used in UK and Ireland stores to come from small-scale renewable sources by 2020;
• Reducing UK and Ireland store refrigeration gas emissions by 80% by 20205;
• Targeting a 35% reduction in water usage in M&S stores and offices by 20206.

Plan A achievements 2013/14 in more detail
Well over half of M&S products now have at least one Plan A quality – one year ahead of the 50% by 2015 target. Plan A qualities include Fairtrade, free range, sustainably sourced, made in an eco factory and healthy food. New products added to the list this year includedM&S.com bouquets, now delivered in water-free packaging. The airtight seal on the packaging maintains the quality and freshness of the product.

The launch of Make Your Mark transformed M&S’ work on the issue of youth unemployment last year. 1,450 young (18-24), unemployed people took part with over 1,000 of them going on to find employment within three months of completing the programme. It has also helped create the national Movement to Work scheme to help thousands of UK businesses deliver 100,000 youth employment opportunities.

506,000 people working in the worldwide M&S supply chain have benefitted from training in subjects such as employment rights, basic healthcare and financial literacy and numeracy since 2010. This achieves the target of half-a-million by 2015 a year early.

M&S became the first retailer to receive the triple award of certification for achievements in carbon, water and waste reduction from the Carbon Trust.

Eighty five of M&S’ top 100 clothing suppliers now operate from eco factories and last year saw a doubling of the number of food factories that supply M&S achieving the ‘Silver’ sustainability benchmark.

96% of wood based materials used by M&S in all M&S operations (including products, marketing and construction) were FSC certified, recycled or from sources that protect forests and communities (last year 88%).

All of the palm oil used in M&S products is now covered byRoundtable for Sustainable Palm Oil certification and this year M&S purchased 15,000 Roundtable for Responsible Soy (RTRS) credits to cover the same amount of soy used as feed for M&S Oakham chickens.

Plan A 2007 – 2013 
Plan A was launched in 2007 as a 100 commitment, five year eco and ethical plan to transform the way M&S operated and sourced its products. Ninety-four of the original commitments were achieved, five were not achieved and one was deleted due to changes in circumstances. In 2010 Plan A was extended and strengthened with 80 new commitments with 2015 and 2020 deadlines added to the original 100. Since launch Plan A has won 190 awards.

– Ends –

Notes to editors 
1 – Carbon neutral commitment extended to 19 owned and operated international markets;
2 – Marks & Start helps disadvantaged groups including people with disabilities, single parents and those at risk of being homeless by offering work placements at M&S. It is being trialled in France and Greece and is already established in India, Bangladesh and Sri Lanka;
3 – against a 2006/7 baseline, reduction in 2013/14 was 32%;
4 – cotton sourced to Better Cotton Initiative (BCI) standards, Fairtrade cotton, Organic or recycled. Currently 20% of cotton used in M&S clothing comes from these sources;
5 – against a 2006/7 baseline, reduction in 2013/14 was 68%;
6 – against a 2006/7 baseline, reduction in 2013/14 was 27%.

Further information
Corporate media enquiries –
Daniel Himsworth, Marks & Spencer Press Office, 0208 718 1618
daniel.himsworth@marks-and-spencer.com

Consumer media enquiries –
Liz Williams, Marks & Spencer Press Office, 0208 718 6087
liz.williams@marks-and-spencer.com

H & M Hennes & Mauritz AB presents six-month results for 2014 at press conference on 18 June

Stockholm, Sweden, 2014-6-5 — /EPR Retail News/ — H & M Hennes & Mauritz AB presents the six-month results for 2014 at a press conference on Wednesday 18 June at 9.30 CET. There will also be a telephone conference in English at 14.00 CET the same day

The six-month results for the period 1 December 2013 to 31 May 2014 is released at approximately at 8.00 CET on 18 June and thereafter published on hm.com.

The press conference starts at 9.30 CET in “Ljusgården” in H&M’s premises on Mäster Samuelsgatan 49, 3rd floor, in Stockholm. H&M’s CEO Karl-Johan Persson and Head of Investor Relations Nils Vinge will present the six-month results followed by an open Q&A session. The press conference is held in Swedish.

Participants in the telephone conference can choose to pre-register at https://eventreg1.conferencing.com/webportal3/reg.html?Acc=056083&Conf=190569 and receive log in details for the telephone conference.

Participants who choose to dial in on the telephone numbers below are kindly asked to call in at least ten minutes prior to the start of the conference in order to avoid a queue. Please quote ref 944925.

Sweden  +46 8 5052 0110 UK  +44 20 7162 0077 US  +1 334 323 6201

Presentation material will be available at hm.com under Investor Relations at approximately 10.30 CET on 18 June and a recording from the telephone conference as of 19 June.

Welcome!

GLOBAL MEDIA INQUIRIES

Only for media representatives
Phone: +46 8 796 53 00
Email: mediarelations@hm.com

Please note the contact details above are only for media representatives. For other enquiries contact H&M’s switchboard on +46 8 796 55 00.

Lowe’s and top DIY dads offer project inspiration to make the perfect Father’s Day

MOORESVILLE, N.C., 2014-6-5 — /EPR Retail News/ — Forget the boring striped tie this Father’s Day and give dad the gift of laying low with Lowe’s. Most dads enjoy spending Father’s Day relaxing at home with their family, so this year, create an experience he won’t forget for years to come.

With help from some of our handiest dads, including Jay Riordan of American Dream Builders, Bruno Bornsztein of ManMade, Timothy Dahl of Charles and Hudson, and Marty Csercsevits and Pete Fazio ofDadAnd, Lowe’s designed inspirational blueprints to help you create the perfect Father’s Day without breaking a sweat – or the bank!

From spending time bonding with the kids over a vegetable garden to building a DIY arbor to hosting a rustic outdoor Father’s Day party for your closest friends and family, find out what our dads have to say about their dream day experience. Visit our custom-made blueprints: http://www.lowes.com/projects/other-activities/perfect-fathers-day-ideas/article.

To help make your blueprint dreams a reality, be sure dad has the following Father’s Day essentials:

  • With 680 square inches of cooking area, the Char-Broil 3-burner grill with a special side burner offers plenty of room to fit burgers and vegetables to feed the whole family.
  • Tackle the lawn chores for dad this weekend, and make it a breeze with the new Kobalt 40-volt cordless string trimmer and edger.
  • Offer dad the complete cordless drill set with the Dewalt 20-volt drill that comes with a carrying case, two battery packs and a compact charger.
  • If your father seems to have it all, let him choose a gift for himself with a special Father’s Day-themed gift card at Lowes.com/giftcard. You can even personalize the card with a favorite photo.

Still not sure how to show the love this Father’s Day? Visit Lowes.com/FathersDay for gifts by price or our Lowe’s Father’s Day Fun pinboard at Pinterest.com/Lowes for more inspiration to help dad relax and enjoy his special day.

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe’s has more than 1,830 home improvement and hardware stores and 260,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

Contacts:

Kelly Connelly
Lowe’s Companies, Inc.
(704) 758-3512
kelly.p.connelly@lowes.com

AND

Jaclyn Pardini
Lowe’s Companies, Inc.
(704) 758-4317
jaclyn.pardini@lowes.com

###

Lowe’s and top DIY dads offer project inspiration to make the perfect Father's Day

Lowe’s and top DIY dads offer project inspiration to make the perfect Father’s Day

Denis Knoops appointed as the new CEO for Delhaize Belgium and Luxembourg

BRUSSELS, Belgium, 2014-6-5 — /EPR Retail News/ — Delhaize Group (Euronext Brussels: DELB, NYSE: DEG) is announcing that Denis Knoops has been appointed as the new CEO for Delhaize Belgium and Luxembourg, effective immediately.

Denis Knoops has worked for Delhaize Group for 22 years, serving the company in a variety of commercial, operational, strategic, and real estate roles across Belgium, the United States, and Asia. Since 2006 he has been a member of the Delhaize Belgium Executive Committee where he was most recently responsible for leading the network of affiliates as well as new markets and real estate.

“Denis is a seasoned leader with a strong customer orientation and a thorough knowledge of both food retail and Delhaize Group”, said Frans Muller, President and Chief Executive Officer of Delhaize Group.  “I want to congratulate him on becoming the new CEO of Delhaize Belgium and Luxembourg and look forward to working with him.”

Denis Knoops assumes the role immediately and succeeds Dirk Van den Berghe, who announced his resignation last week.

» 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 in revenues and €179 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).

This press release is available in English, French and Dutch. You can also find it on the website http://www.delhaizegroup.com. Questions can be sent to investor@delhaizegroup.com.

» Contacts

Investor Relations: +32 2 412 21 51

Media Relations: +32 2 412 86 69

Media Relations (Belgium): + 32 2 412 84 51

National Retail Federation names Robert Moraca new VP of Loss Prevention

NRF’s Senior Asset Protection Advisor Rich Mellor to Retire After 40 + Years in Retail Industry

WASHINGTON, 2014-6-5 — /EPR Retail News/ — The National Retail Federation today announced the addition of the organization’s new Vice President of Loss Prevention Robert Moraca. Moraca comes to NRF after leading Sunoco, Inc’s security, business continuity and crisis management programs for nearly 15 years where he worked to develop their loss prevention and interactive remote system, and workplace violence policy; while there, Moraca also chaired the Threat Assessment Committee and Active Shooter program. Additionally, Moraca managed more than 650 of the organization’s company-operated retail stores, and played an integral role in company preparedness efforts and critical infrastructure aspects after 9/11.

Moraca will be responsible for directing loss prevention initiatives including NRF’s annual Loss Prevention Conference and EXPO, the LP Advisory Council and the NRF Investigator’s Network.  Moraca will also help lead the industry’s advocacy efforts around increasing the awareness of retail loss prevention issues including organized retail crime, active shooter issues and disaster preparedness.

Former Vice President of Loss Prevention Richard Mellor retired in February and has since assumed the role of a senior asset protection advisor to NRF where he continues to lend his insights and expertise during the transition.

“Bob brings a wealth of knowledge and professionalism to NRF, and we are confident that his expertise in managing a large company’s security policies and programs will be invaluable to our members,” said NRF Senior Vice President Vicki Cantrell. “I fully expect our loss prevention community to reap the benefits of having Bob on our team as we continue to take on retail crime, workplace violence, threat assessment and other issues in the asset protection arena. His connections to educators, retailers and federal agencies will keep NRF at the forefront for years to come.”

Most recently, Moraca was the adjunct professor of Criminal Justice, Homeland Security, for the Camden County College in Blackwood, New Jersey, where he is also a member of the College Security and Homeland Advisory Committee.

Moraca also worked as operations consultant for Professional Systems Engineering in Pennsylvania. In that role Moraca led the team responsible for large-scale security projects at 28 state office complexes, justice centers and the State Capitol building in Harrisburg, PA.

Moraca currently holds a security clearance with the U.S. Department of Homeland Security and an array of licenses and certifications, including Certified Protection Professional (CPP) and a Certified Fraud Examiner (CFE). He also is the current chairman of the board of the Citizens Crime Commission of the Delaware Valley.

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

Contact:
Kathy Grannis
(202) 783-7971

press@nrf.com
(855) NRF-Press

###

Bob Moraca, NRF VP of Loss Prevention

Bob Moraca, NRF VP of Loss Prevention

BRC-NIELSEN SHOP PRICE INDEX MAY 2014: Overall shop prices reported deflation for the 13th consecutive month in May, remaining unchanged at 1.4% from April

LONDON, 2014-6-5 — /EPR Retail News/ — Food inflation remained unchanged at 0.7% from April – the lowest ever recorded. Non-food reported annual accelerated deflation of 2.8% in May from 2.7% in April. Non-food has reported deflation for the fourteenth consecutive month.

Helen Dickinson, British Retail Consortium Director General, said: “May has seen shop price deflation remain unchanged at 1.4 per cent, the thirteenth consecutive month of deflation.

“We’ve also past the fourteenth consecutive month of non-food deflation, mainly as the result of good bargains in categories popular with consumers in summer months such as clothing and footwear. Value was also a mainstay across the gardening and DIY categories, as retailers competed to cater for strong demand over the May Bank Holiday.

“Food inflation remaining at its lowest level since our records began is great news for hard-pressed households as the summer approaches, and confirms that retailers are responding to current conditions by matching attractive offers with those products most in demand at this time of the year.

“Further evidence that consumer confidence is steadily improving was picked up by the GfK index which is now at a nine year high. The everyday low prices offered by retailers have clearly played a role in the rise of household spending.

“With the World Cup fast approaching I would expect retailers to continue to keep prices down for the foreseeable future.”

Mike Watkins, Head of Retailer and Business Insight, Nielsen, said: “Food inflation is still low, many supermarkets are price cutting and non-food prices remain deflationary, so the high street continues to generate little inflationary pressure. Little in the way of immediate seasonal or weather related price increases is anticipated so the outlook for the next three months is for relatively stable shop price inflation. Helped by the increases in consumer confidence since the start of the year, this should encourage shoppers to spend more freely over the summer months.”

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP. 020 7854 8900. info@brc.org.uk.

 

ICSC and Goldman Sachs Weekly Chain Store Sales Index: sales rose by solid 2.9% for the week ending May 31, 2014

NEW YORK, 2014-6-5 — /EPR Retail News/ — Consumers kicked off the traditional start of summer with a shopping spree as sales soared with a bout of warmer weather across the nation. As a result retailers enjoyed a positive final sales week as sales rose by a solid 2.9% for the week ending May 31, 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 also rose by a solid 3.1% for the week.

“Sales soared over the past week, which included the Memorial Day holiday, after consumers seemingly deferred spending in the prior week and a bout of hot weather helped drive demand for seasonal goods,” said Michael Niemira, ICSC vice president of research and chief economist. “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 when most retailers report their monthly figures on Thursday, June 5, 2014,” Niemira added

Week Ending     Index 1977=100     Year/Year Change     Weekly Change
31-May-14              570.4                         3.1%                         2.9%
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%

[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.

ICSC Contacts:

Michael Niemira
+1 646-728-3482
mniemira@icsc.org

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

###