Whole Foods Market supports Oregon’s Measure 92 requiring mandatory labeling of raw and packaged foods containing Genetically Modified Organisms (GMOs)

PORTLAND, Ore.,  2014-7-25 — /EPR Retail News/ — Whole Foods Market strongly supports Oregon’s Measure 92, requiring mandatory labeling of raw and packaged foods containing Genetically Modified Organisms (GMOs) by Jan.1, 2016.

More than 155,000 Oregonians signed a petition to put Measure 92 on the ballot this November.

“At Whole Foods Market, we believe consumers have a fundamental right to know what’s in their food so that they can make informed choices about what’s right for them and their families,” said Joe Rogoff, Whole Foods Market’s Regional President of the Pacific Northwest.

“We label ingredients, we label allergens, we label nutrients, and we label countries of origin. Why wouldn’t we also require labeling for genetic modification? The time has come for the people of Oregon to let their voices be heard and make a change,” said Rogoff.

Whole Foods Market currently has eight stores and one mobile grocery location in the state of Oregon. Together with thousands of Oregon-based team members, Whole Foods Market will partner with the Yes on Measure 92 campaign team to support this measure to victory.

In March 2013, Whole Foods Market became the first national grocer to set a deadline for full GMO transparency. By 2018, all food in Whole Foods Market’s U.S. and Canadian stores must be labeled to indicate if they contain GMOs. Whole Foods Market has already been hard at work with its suppliers for several years to source products without GMO ingredients. Whole Foods Market currently sells more than 6,800 grocery items, represented by more than 500 brands that are verified non-GMO. This is more than any retailer in North America.

For more information on Yes on Measure 92, please visit www.oregonrighttoknow.org.

 

Rite Aid Corporation names Darren Karst as executive vice president and chief financial officer

Current SEVP and CFO Frank Vitrano to Continue as Rite Aid Chief Administrative Officer Until His Retirement in September, 2015   

CAMP HILL, Pa., 2014-7-25 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced that Darren Karst, a highly experienced retail finance executive, is joining Rite Aid as executive vice president and chief financial officer, effective Aug. 20. Karst succeeds Frank Vitrano, who has announced he will retire in September, 2015. Until then, Vitrano retains the chief administrative officer responsibilities for the company’s information technology, real estate and indirect procurement functions. He will also serve as a key resource in the development and execution of new business and growth initiatives.

In his position, Karst will be responsible for all aspects of the company’s finance, accounting, treasury, tax, investor relations, legal, risk management, internal assurance and asset protection functions. He will report to Rite Aid’s Chairman and CEO John Standley.

“We are pleased to welcome Darren to the Rite Aid team,” said Standley. “He is a proven leader with a broad-based financial background and a track record of success across a range of operating and financial disciplines. I am confident Darren’s deep retail knowledge and experience will serve Rite Aid well as we move forward.”

“I would also like to acknowledge the pivotal role Frank Vitrano has played in helping significantly improve Rite Aid’s business performance and results over the past six years,” Standley added. “We thank Frank for his dedication and hard work and we look forward to continuing to work together on executing our strategy to expand our health care offering and transform Rite Aid into a growing retail health care company.”

Karst joins Rite Aid from Roundy’s, Inc. (NYSE:RNDY), a leading Midwest grocer based in Milwaukee, Wis., where he has been the executive vice president, chief financial officer and assistant secretary since 2002. Prior to that, Karst was a partner at the Yucaipa Companies, a private equity investment firm. He also held executive financial positions within several Yucaipa portfolio companies, including Chicago-based Dominick’s, where he served as the chief financial officer and a director.

Karst earned a bachelor’s degree in business administration and accounting from the University of Kansas in Lawrence. He is also a certified public accountant.

Rite Aid Corporation (NYSE: RAD) 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.

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Contact:

Investors: Matt Schroeder 717-214-8867 or investor@riteaid.com

Media: Susan Henderson 717-730-7766

CBRE Group, Inc. certified more than 300 buildings through the U.S. Green Building Council LEED®

Los Angeles, 2014-7-25 — /EPR Retail News/ — CBRE Group, Inc. announced today that it has certified more than 300 buildings through the U.S. Green Building Council LEED® for Existing Buildings rating system, making the company the commercial real estate services and investment industry leader in LEED for Existing Buildings certifications. CBRE’s Global Energy & Sustainability LEED Programs team has now certified 305 buildings totaling more than 95 million square feet in 30 states.

The 305 buildings that CBRE has certified with LEED make up approximately 10% of the 3,100 buildings with the LEED for Existing Buildings certification globally. CBRE’s LEED Programs team is led by Gary Thomas, Director, CBRE Global Energy & Sustainability.

“The Green Building Adoption Index recently published by CBRE and Maastricht University demonstrated the growing prominence of environmentally certified assets in major U.S. cities,” said Dave Pogue, CBRE’s Global Director of Corporate Responsibility. “CBRE made a bold commitment seven years ago to gain 100 LEED Existing Building certifications. Reaching 300 is a tribute to Gary, his team, and our many clients who have also made a commitment to achieving improved environmental performance in their assets.”

The positive environmental impacts of the certifications include annual savings of more than 150 million gallons of water and more than 162 million kWh of electricity. At an average rate of $.10 per kWh, this would result in annual energy cost savings of more than $16 million and eliminate more than 112,000 metric tons of CO2 emissions. This reduction in emissions equates to removing 23,591 passenger vehicles from the road for one year.

“There are some 5.4 million existing buildings in the U.S. today, and every one of them would benefit from the protocols of continuous building performance improvement that is a hallmark of the LEED for Existing Buildings certification program,” said Rick Fedrizzi, President, CEO and Founding Chair, USGBC. “While some view green buildings as a ‘nice to do,’ CBRE has embedded sustainability values across its far-reaching footprint, and this latest milestone specifically focused on green buildings is a significant example of the kind of leadership CBRE provides the global real estate community.”

The LEED Existing Building certification creates ongoing and verifiable sustainability practices by developing and implementing environmentally preferable building operation and maintenance strategies. CBRE delivers energy and sustainability services around the world, with industry-leading programs and practices in all primary regions that reduce energy costs, improve building performance and drive greater value for clients. For more information, visit www.cbre.com/sustainability.

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:

Kingfisher reports total sales up by 0.8% on its second quarter pre-close update to 12 July 2014

LONDON, 2014-7-25 — /EPR Retail News/ — Kingfisher reports total sales up 0.8% (-1.8% LFL) in constant currencies and confirms binding agreement reached with principal shareholders of Mr Bricolage

Sales*
In constant currencies
10 weeks to 12 July 2014 23 weeks to 12 July 2014
% Total
Change
% LFL*
Change
% Total
Change
% LFL
Change
*Throughout this release ‘*’ indicates first instance of a term defined or explained in the glossary towards the end of this release.
France* (1.4)% (2.2)% +1.1% (0.2)%
UK & Ireland* +0.7% (1.3)% +7.0% +4.7%
Other International* +4.7% (1.8)% +9.5% +2.1%
Total Group +0.8% (1.8)% +5.1% +2.3%

Sir Ian Cheshire, Kingfisher’s Group Chief Executive, said:

“Trading in our Q2 was always expected to be more difficult, annualising a very strong Q2 performance last year and following this year’s weather boosted Q1. However, our markets in Q2, notably in June, have been slower than anticipated particularly in France and Poland. It is unclear whether this recent weakness is short term phasing in nature, though we will know more by our interims in September having then traded through our key summer months. In the meantime we are accelerating our self-help margin and cost initiatives to help support our second half performance.  “We are progressing well with the acquisition of Mr Bricolage, a leading French home improvement retailer. I am delighted that this transaction, which was announced in April, has now become binding and will progress to anti-trust clearances. Adding a third, complementary strong business alongside Castorama and Brico Dépôt will provide us with an attractive growth opportunity in our most important market.”

TRADING REVIEW FOR THE 10 WEEKS (IN CONSTANT CURRENCIES)

FRANCE

Total sales in France were down 1.4% (-2.2% LFL) in softer markets, up 1.1% year to date (-0.2% LFL). Gross margin is expected to be up across Q2 compared to the same period last year.Castorama total sales were down 1.6% (-0.9% LFL), up 0.7% year to date (+0.6% LFL). According to provisional Banque de France* data, sales for the home improvement market were down 1.4%, with a small positive in May (+0.3%) reversing sharply in June (-4.3%).Brico Dépôt sales were down 1.3% (-3.8% LFL), up 1.5% year to date (-1.2% LFL). Sales were impacted by a slower house building market, with new housing starts and planning consent data* down around 20% and 16% respectively.

UK & IRELAND
Total sales in the UK & Ireland were up 0.7% (-1.3% LFL), up 7.0% year to date (+4.7% LFL). Gross margin is expected to be up across Q2 compared to the same period last year.B&Q total sales were down 2.5% (-3.2% LFL), up 4.3% year to date (+3.6% LFL). In Q2 sales of outdoor and seasonal products were down almost 8%, representing around 35% of total sales, impacted by both a strong performance in Q1 this year (+30%) and in Q2 last year (+17%). Showroom sales (kitchens, bathrooms and bedrooms) were down around 6% reflecting less promotional activity whereas sales of indoor products, excluding showroom, were up almost 2%.Screwfix sales grew by 22.6% (+11.8% LFL), up 23.5% year to date (+11.9% LFL) and is on track to have opened 12 new outlets during Q2, taking the total to 356.

OTHER INTERNATIONAL
Total sales in Other International grew by 4.7% (-1.8% LFL), up 9.5% year to date (+2.1% LFL).Total sales in Poland were down 3.4% (-3.5% LFL), up 4.5% year to date (+3.9% LFL). In Q2 to date, sales of outdoor and seasonal products were down almost 9%, representing around 20% of sales. Sales in these categories were impacted by both a strong performance in Q1 this year (+36%) and in Q2 last year (+9%). Sales of indoor products were down around 2%. Gross margin is expected to be up across Q2 compared to the same period last year.Total sales in Russia grew by 15.7% (+12.0% LFL) whereas total sales in Spain were up 12.2% (-7.3% LFL). In China total sales were down 9.2% (-9.3% LFL) impacted by a slowing Chinese property market* which was down around 18%.Â

MR BRICOLAGE UPDATE
On 3 April 2014, Kingfisher announced it had entered into exclusive negotiations with the principal shareholders of Mr Bricolage, the home improvement retailer, to acquire their shareholding.On 2 April 2014, a non-binding memorandum of understanding was entered into, marking the start of exclusive negotiations during which the operating businesses of Mr Bricolage and of Kingfisher in France (Castorama and Brico Dépôt) would meet with their respective works councils and would propose improved commercial terms to the franchisees of Mr Bricolage. The outcome of these negotiations has been successful and accordingly, a binding agreement was entered into on 23 July 2014.The acquisition by Kingfisher of Mr Bricolage will now proceed subject to anti-trust clearances. Subsequently, a mandatory offer will be made to acquire the shares held by the minority shareholders at the agreed price per share of €15, in accordance with applicable law. The remainder of the process is expected to be completed around the end of Kingfisher’s 2014/15 financial year.

CREATING THE LEADER
Progress continued with Kingfisher’s medium term development under the following eight steps:

EASIER

  1. Making it easier for our customers to improve their home
  2. Giving our customers more ways to shop

COMMON

  1. Building innovative common brands
  2. Driving efficiency and effectiveness everywhere

EXPAND

  1. Growing our presence in existing markets
  2. Expanding in new and developing markets

ONE TEAM

  1. Developing leaders and connecting people
  2. Sustainability: becoming ‘Net Positive’

Further details on progress will be given with the interim results for the half year ended 2 August 2014 on 10 September 2014.

COMPANY PROFILE (AS AT THE END OF Q1 2014/15)
Kingfisher plc is Europe’s leading home improvement retail group and the third largest in the world, with 1,134 stores in nine countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher also operates the Koçtaş brand, a 50% joint venture in Turkey with the Koç Group.

ENQUIRIES
Ian Harding, Group Communications Director
+44 (0) 20 7644 1029Sarah Levy, Director of Investor Relations
+44 (0) 20 7644 1032Nigel Cope, Head of Media Relations
+44 (0) 20 7644 1030Clare Feast, Media Relations Manager
+44 (0) 20 7644 1286Brunswick
+44 (0) 20 7404 5959Further copies of this announcement can be downloaded from www.kingfisher.com or viewed on the Kingfisher IR iPad App available for free at the Apple App store. We can also be followed on twitter @kingfisherplc with the Q2 results tag #KGFQ2.Kingfisher American Depository receipts are traded in the US on the OTCQX platform: (OTCQX: KGFHY) http://www.otcmarkets.com/stock/KGFHY/quote

GLOSSARY (terms are listed in alphabetical order)
Banque de France data for the two months to June 2014 was down 1.4% and includes relocated and extended stores.

http://webstat.banque-france.fr/fr/browseSelection.do?node=5384398&start=31/12/1992&end=31/05/2014&trans=N

French property market
New housing starts and planning consent data for the three months to May 2014 was down 20% and 16% respectively, according to the Ministry of Housing.

http://www.statistiques.developpement-durable.gouv.fr/logement-construction/s/construction-logements.html

Chinese property market
New property transaction sales were down 18% for the three months to June 2014 for 17 cities in which B&Q China operates, according to the China Real Estate Exchange.

France consists of Castorama France and Brico Dépôt France.

LFL stands for like-for-like sales growth which represents the constant currency, year-on-year sales growth for stores that have been open for more than a year.

Other International consists of China, Poland, Romania, Russia, Spain, Portugal, Germany and Turkey (Koçtaş JV).

Sales All figures are on a constant currency basis. Group sales exclude Joint Venture (Koçtaş JV) sales. Data is provided for the 10 and 23 weeks to 12 July 2014, with the exception of China, Romania and Russia which are reported for the 13 and 26 weeks to 30 June 2014.

UK & Ireland consists of B&Q in the UK & Ireland and Screwfix in the UK.

FORWARD-LOOKING STATEMENTS
This announcement contains certain statements that are forward-looking and which should be considered, amongst other statutory provisions, in light of the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts may be forward-looking statements. Such statements are, therefore, subject to risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied because they relate to future events. These forward-looking statements include, but are not limited to, statements relating to the Company’s expectations around the Company’s programme known as ‘Creating the Leader’ and its associated eight steps. Forward-looking statements can be identified by the use of relevant terminology including the words: “believes”, “estimates”, “anticipates”, “expects”, “intends”, “plans”, “goal”, “target”, “aim”, “may”, “will”, “would”, “could” or “should” or, in each case, their negative or other variations or comparable terminology and include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations and those of our officers, directors and employees concerning, amongst other things, our results of operations, financial condition, changes in tax rates, liquidity, prospects, growth, strategies and the businesses we operate. Other factors that could cause actual results to differ materially from those estimated by the forward-looking statements include, but are not limited to, global economic business conditions, monetary and interest rate policies, foreign currency exchange rates, equity and property prices, the impact of competition, inflation and deflation, changes to regulations, taxes and legislation, changes to consumer saving and spending habits; and our success in managing these factors. Consequently, our actual future financial condition, performance and results could differ materially from the plans, goals and expectations set out in our forward-looking statements. We urge you to read our annual report and other company reports, including the risk factors contained therein, for a more detailed discussion of the factors that could affect our future performance and the industry in which we operate. Reliance should not be placed on any forward-looking statement. Our forward looking statements speak only as of the date of this press release and the Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Nothing in this press release should be construed as a profit forecast.

Starbucks expands presence in Hanoi with the opening of three stores

SEATTLE, 2014-7-25 — /EPR Retail News/ — Starbucks celebrated the opening of the first of three stores in Hanoi, welcoming customers for the first time in Vietnam’s capital city. Nestled in the Hanoi’s vibrant Hoan Kiem district, at the Lan Vien Hotel, this store embraces the local traditions and coffee culture. In the coming days, Starbucks will open two additional stores in Hanoi on July 24 at 314 Ba Trieu and on July 31 at 59A Lý Thái Tổ, further demonstrating Starbucks deep commitment to the Vietnamese community, after entering the market in February of last year.

“We are both excited and humbled to bring the Starbucks Experience to our customers in Hanoi. Our stores are designed as gathering places for our customers to enjoy a personalized, handcrafted cup of coffee with friends and family. We look forward to serving our customers and the local community,” said Jeff Hansberry, president, Starbucks China and Asia Pacific region.

Speaking on the occasion, Patricia Marques, general manager, Starbucks Vietnam, added, “We are thrilled to open the first Starbucks store in Hanoi, which will offer customers the distinct third place experience Starbucks is known for around the world. At the heart of that experience are the passionate, knowledgeable partners, who proudly wear the iconic Starbucks green apron every day – and are key to our continued success in Vietnam.”

Store Designs that Reflect Hanoi’s Vibrant Culture

Each new Starbucks store is specifically designed to reflect the vibrant modernity of the city with an acknowledgement of the long-standing coffee heritage of Vietnam. Stores will feature artwork created by Hanoi-based artists, as well as décor that has been sourced locally from Vietnamese market vendors to create distinctive store features – such as a community table made of reclaimed wood that will draw customers together as they connect over their coffee.

Asian Dolce Latte – Created for Local Taste Preferences

In addition, the Starbucks stores in Hanoi will offer a variety of locally distinct beverage options, most notably the Asian Dolce Latte, which debuted at the opening of the Ho Chi Minh City store last year. Created specifically for the distinct taste preferences of coffee-lovers across the region, the Asian Dolce Latte was inspired by Vietnam’s coffee culture and lifestyle. Through this strong, velvety espresso-based beverage, Starbucks sought to introduce one of the many facets of Vietnam’s rich coffee tradition to the rest of the Asia Pacific region. The Asian Dolce Latte has become one of Starbucks most popular beverages across the region, and Starbucks is proud to bring this distinctly Vietnamese beverage to customers in Hanoi.

Starbucks opened its first store in Vietnam in Ho Chi Minh City in February 2013, and since then has opened eight stores across the city and hired more than 200 part- and full-time partners across Vietnam. Starbucks operates its stores in Vietnam through a licensed partnership with Coffee Concepts (Vietnam), a subsidiary of Hong Kong Maxim’s Group.

About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online atwww.starbucks.com.

For more information on this news release, contact us.

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Starbucks expands presence in Hanoi with the opening of three stores

Starbucks expands presence in Hanoi with the opening of three stores

Starbucks Corporation reports financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 29, 2014

  • Strong comp store sales increases of 6% globally and 7% in the U.S. drive record Q3 revenues of $4.2 billion
  • Channel Development revenues increase 13%
  • Consolidated operating margin expands to a Q3 record 18.5%
  • Company reiterates strong growth outlook; introduces initial FY15 growth targets

View detailed financial data here

SEATTLE, 2014-7-25 — /EPR Retail News/ — Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 29, 2014.

Q3 Fiscal 2014 Highlights:

• Consolidated net revenue growth accelerated to 11%; net revenues totaled a Q3 record $4.2 billion

• Global comparable store sales increased 6%, marking the 18th consecutive quarter of global comp growth of 5% or greater

Americas comp sales increased 6%; U.S. comp sales increased 7%

EMEA comp sales increased 3%

China/Asia Pacific comp sales increased 7%

• Consolidated operating income increased 25%, to a Q3 record $769 million

• Consolidated operating margin expanded 200 bps, to a Q3 record 18.5%, primarily driven by sales leverage

• Channel Development revenues increased 13%; operating margin expanded 800 bps to 37.1%

• Earnings per share increased 22% to a Q3 record $0.67 per share

• The company opened 344 net new stores globally, ending the quarter with 20,863 stores across 64 countries

Updated Fiscal 2014 Targets:

Following the strong performance year-to-date, the company is updating the following fiscal 2014 targets:

• Consolidated operating margin improvement now targeted at 200 bps over FY13, when excluding the Kraft litigation charge in fiscal 2013

Channel Development now targeting approximately 600 bps improvement over FY13

• Earnings per share now expected to be in the range of $2.70 to $2.72; or $2.65 to $2.67 when excluding an estimated net benefit of $0.05 for certain FY14 non-GAAP adjustments. Please refer to the GAAP to non-GAAP reconciliation at the end of this release:

Q4 EPS now in the range of $0.76 to $0.78; or $0.73 to $0.75 when excluding a $0.03 estimated net benefit as described in the above referenced reconciliation

• Net new stores now expected to be approximately 1,550

Americas: increased from 600 to 650

Fiscal 2015 Targets:

The company introduces initial fiscal 2015 targets as follows:

• Revenue growth of 10% or greater

• Global comparable store sales growth in the mid single digits

• An additional 1,600 net new stores globally

• Earnings per share growth of 15%-20% over FY14 calculated based on non-GAAP earnings per share

“Starbucks Q3 represents another quarter of outstanding operating performance in which each of our segments contributed to record results,” said Howard Schultz, chairman, president and ceo of Starbucks Coffee Company. “The increasing power of the Starbucks brand, the success of our best-in-class mobile, social and digital technologies and our greatest asset – over 300,000 partners who deliver the Starbucks Experience to over 70 million customers around the world each week – position us to continue growing our business around the world and into the future.”

“Starbucks record Q3 results demonstrate both the power of our innovation and the opportunities for growth, globally and in the U.S., that lie ahead. Importantly, record revenues and operating margin reflect an acceleration of top-line growth and meaningful contributions from all operating regions and our Channel Development segment,” said Scott Maw, Starbucks cfo. “Our Q3 results give us confidence in our ability to deliver on our full year fiscal 2014 targets and support the strong 2015 revenue and profit growth targets we introduced today, despite continued challenging economic and consumer headwinds in many of the global markets in which we operate.”

About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www.starbucks.com.

For more information on this news release, contact us.

Tesco research shows that high fuel prices prevent Brits from enjoying holidays and trips in the UK

Cheshunt, England, 2014-7-25 — /EPR Retail News/ — High fuel prices are preventing Brits from enjoying holidays and trips in the UK, according to new research published by Tesco.

85% of those surveyed said they would travel around the country more if fuel prices were cheaper, while over a third (39%) admitted that they have cut down on family day trips. With the summer holidays approaching, over a quarter (29%) of families said they would choose a trip to the seaside as their number one day out if they were given a free tank of fuel.

Stonehenge is the top UK attraction families would most like to visit, with the top ten including:

  1. Stonehenge – 26%
  2. The Eden Project – 25%
  3. Edinburgh Castle – 25%
  4. Cadbury World – 20%
  5. Windsor Castle – 18%
  6. Kew Gardens – 17%
  7. London Eye – 17%
  8. Buckingham Palace – 16%
  9. Brighton Pier – 16%
  10. Blackpool Tower – 15%

The research comes as Tesco reveals that more than six million customers have cut the price of their fuel since the launch of Clubcard Fuel Save, the only scheme of its kind in the UK, with an average saving of 7p per litre. Every time a Clubcard customer shops with Tesco, however small the shop may be, it counts towards a saving at the pump.1 in 10 Clubcard Fuel Save customers have already saved the maximum 20p per litre.

In total, Tesco has given away a whopping 399 million free miles through Clubcard Fuel Save. This equates to*:

  • Driving from Land’s End to John o’ Groats 456,593
  • Driving around the world’s 24,901 mile circumference 16,026 times
  • Driving to the moon and back 835 times

This week, Tesco launches Clubcard Boost as part of a wider drive to help families make the most of their summer holidays. Boost, which doubles the value of Clubcard points, will be available on categories across Tesco Direct and Tesco Clothing, so customers can top up on staycation essentials such as tents, picnic kits and arts and crafts to keep kids occupied on long car journeys.

Customers can also use their points on family days out to 250 places across the UK, such as Madame Tussauds, The Eden Project and Longleat Safari park.

And to make life easier for customers on self-catering staycations, Tesco has launched 17 convenient Click & Collect Grocery sites at popular holiday destinations, including Padstow, St Ives, and Ilfracombe.

Leonie Foster, Customer Communications Director at Tesco, comments: “We know that many of our customers want to get away this summer and enjoy the beautiful British countryside, but the cost of fuel means they can’t explore the UK as much as they’d like to. Clubcard Fuel Save, alongside Boost and free pick up from popular Click & Collect Grocery sites, will ensure that customers can enjoy a holiday in the UK for less.”

To help customers travelling to UK holiday hotspots, Tesco has enlisted the RAC to share some tips on how to drive more fuel efficiently.

RAC fuel spokesperson, Simon Williams, says: “There are plenty of ways to drive more efficiently, which will not only benefit the environment, but drivers’ wallets too, from lightening the load to gentle acceleration. We’ve joined forces with Tesco as part of the Fuel Save initiative to share tips and advice, and help motorists go further for less.”

Top tips include:

  • Keep your tyres inflated – lower tyre pressure increases the drag on your car, meaning you need more fuel, so regularly check the pressures are correct and your car will need less ‘oomph’ to keep it moving.
  • Gentle acceleration – Efficient driving means getting rid of the ‘heavy foot’ habit that leads to filling up far more frequently. Gentle acceleration and deceleration, and keeping a consistent speed, also makes for fuel efficient and, more importantly, safe driving.
  • Take off your roof rack – a roof rack, even unused, adds wind resistance to a car, increasing drag and making the engine work harder. So if you don’t need it, take it off, along with anything else that’s inefficient. Even closing the windows will make the car run slightly more efficiently.
  • De-clutter – the lighter your car is, the less effort it needs to accelerate. By de-cluttering – clearing out junk from the boot and not carrying unnecessary weight – you can make extra savings.
  • Turn off your engine – whenever possible turn your engine off, for example in traffic or during big delays on motorways. Modern cars have this facility as an automatic feature simply to save fuel and of course reduce exhaust emissions.

For more information and terms and conditions please visit www.tesco.com/fuelsave. Follow the conversation on Twitter at #FuelSave.

-Ends-

Notes to Editors:

*Based on the What Car TrueMPG overall average MPG figure

Survey conducted by OnePoll of 2,000 respondents.

The Click & Collect Grocery service at the following locations will launch from 9th July until 7thSeptember:

Abergele, Braunton, Caister, Diss, Exmouth, Hunstanton, Padstow, Pembroke Dock, St Ives, Stalham, Caemarfon South Road, Cardigan, Castle Douglas, Fakenham, Ilfracombe, Ullapool, Hornsea

Clubcard Boost will be available from 21st July to 8th September in the following departments:

Online

  • Everything on Tesco Direct (excluding products sold as Partners at Tesco)
  • Everything at F-F.com including School Uniform
  • Opticians

In Store

  • Everything on Tesco Direct (stores that have Direct desks, and excludes products sold as Partners at Tesco)
  • All Clothing including School Uniform
  • Back to School Accessories
  • Hudl and Hudl Accessories
  • Opticians

For more details visit tesco.com/clubcard

Find more Infographics on Flickr

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.

Baroness Neville-Rolfe resigns from Supervisory Board of METRO AG to join British government

Baroness Neville-Rolfe joins British government and therefore resigns fromMETRO AG’s Supervisory Board

  • Neville-Rolfe appointed Parliamentary Under Secretary of State at the British Department for Business, Innovation and Skills
  • Ministerial appointment required resignation from Supervisory Board ofMETRO AG

Düsseldorf, Germany, 2014-7-25 — /EPR Retail News/ — Baroness Lucy Neville-Rolfe has been appointed Under Secretary of State at the British Department for Business, Innovation and Skills and therefore had to tender her resignation from the Supervisory Board of METRO AG.

“We warmly congratulate Baroness Neville-Rolfe on her ministerial appointment and wish her every success in this new duty”, says Franz Markus Haniel, Chairman of the Supervisory Board of METRO AG. “Baroness Neville-Rolfe has very constructively contributed to the work of the Supervisory Board. Her vast retailing expertise was a great asset. We thank her for her dedicated work and regretfully accept her resignation from the Board which became necessary with her ministerial appointment”.

The Supervisory Board’s Nomination Committee will initiate the search for a successor at short notice. Neville-Rolfe had been appointed to the Supervisory Board of METRO AG in May 2013.

METRO GROUP is one of the largest and most important international retailing companies. During the financial year 2012/13 (pro forma), it generated sales of about €66 billion. The company operates around 2,200 stores in 31 countries and has a headcount of around 250,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments:METRO/MAKRO Cash & Carry – the international leader in self-service wholesale – Media Marktand Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

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Carrefour: Boucles du Cœur campaign raised €1,400,000 to help children in difficulty

PARIS, 2014-7-25 — /EPR Retail News/ — For the fourth year running, customers and employees from Carrefour and Carrefour Market stores in France have joined forces to support the Boucles du Cœur campaign. After 11 weeks spent supporting the ELA association and 240 local associations, nearly €1,400,000 has been raised to help children in difficulty, beating the record sent in 2013.

2014 – an outstanding display of charity
The fourth edition of the Boucles du Cœur finished on 30 June 2014, the culmination of more than two months of support from the 1153 Carrefour and Carrefour Market stores in France. Thanks to outstanding support from Carrefour customers and employees, this year’s campaign raised nearly €1,400,000 for the ELA association and more than 240 of the operation’s local partner associations, including more than €300,000 for ELA – exceeding the record set in 2013.

April, May and June were all about charity, sharing and commitment throughout France. The Carrefour Lingostière store in Nice lent its support to the Pitchin Pantaï association, helping to make the dreams of a number of ill children come true, while the Carrefour Etampes store rallied to the cause of the Restos Bébé, part of the Restos du Cœur association, creating a drop-in centre for mothers and their children.

“Protecting children, helping them to grow up and flourish… is there anything more satisfying than that? In any case, it’s what our partner associations do day after day. Once again this year, Carrefour has reasserted its support for this most worthy cause and we are proud of just how deeply committed our employees have been throughout this fourth edition of the Boucles du Cœur. If the operation has been a success, it’s down to them”, said Noël Prioux, Executive Director of Carrefour France.

“Thanks to the wonderful support of Carrefour’s employees during the Boucles du Cœur campaign, a message of solidarity has been received loud and clear. The money raised will help the ELA association continue with its work to tackle leukodystrophy, financing medical research and providing families affected by these disorders with support. On behalf of all sufferers and their families, I would like to extend my warmest thanks to them”, said Guy Alba, ELA’s Chairman and founder.

Carrefour, a company committed to giving aid
For many years now, Carrefour has been involved in the charity sector, supporting numerous associations and aid campaigns, such as Pièces Jaunes, the Secours Populaire Français, the Restos du Cœur, Food Banks and the Telethon.

Giving humanitarian aid is one of the company’s guiding principles: the Group’s employees all strive on a daily basis to help people in difficulty, particularly to improve children’s quality of life. In 2013, Carrefour distributed more than 68 million meals to various charity associations, including Restos du Cœur and the Food Banks.

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Carrefour: Boucles du Cœur campaign raised €1,400,000 to help children in difficulty

Carrefour: Boucles du Cœur campaign raised €1,400,000 to help children in difficulty

Walmart announces the promotion of Greg Foran to President and CEO of Walmart U.S.

Bentonville, Ark., 2014-7-25 — /EPR Retail News/ — Today, Walmart (NYSE: WMT) announced that Greg Foran, 53, has been promoted to President and CEO of Walmart U.S. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company.

Foran will assume his responsibilities on August 9 and will report directly to Walmart President and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.

“Greg is one of the most talented retailers I’ve ever met. His depth of knowledge and global experience will bring a fresh perspective to our business,” said McMillon. “His passion for fresh food, experience in general merchandise and commitment to e-commerce will help us serve our customers even more effectively for years to come.”

“During Bill’s eight years of service to Walmart, his passion for our mission, dedication to our associates and our customers, and innovative thinking pushed us forward,” said McMillon. “From the very beginning, his vision led us to lower the cost of health care through our $4 prescription offering. And, most recently, he put us on a path to future growth with small formats and efforts that integrate digital and physical retail.”

A 35-year retail veteran, Foran joined the company in October 2011 and became President and CEO of Walmart China in March 2012. While leading the business in China, the team made significant progress with its assortment, pricing, store operations and compliance as Foran led strategic investments in the supply chain and improved the store portfolio. He was promoted to President and CEO of Walmart Asia earlier this year.

Prior to Walmart, Foran held a number of roles with Woolworths, the leading retailer in Australia and New Zealand. He served as the managing director of supermarkets, liquor and petrol with responsibility for more than $40 billion in sales at that time. Under Foran’s leadership, the business grew sales and market share in a strong competitive market. Earlier in his career, Foran served as general manager of Big W, Woolworth’s industry leading discount store business and as general manager of Dick Smith Electronics.

“I’ve worked closely with Greg for the past few years and I’ve seen firsthand his passion for retail. I’m confident that Greg’s strong leadership skills and alignment with our culture will serve our customers and associates well,” McMillon said. “I’m excited about what he will bring to this important part of our business.”

“Being asked to lead the Walmart U.S. business is a privilege that I don’t take lightly,” said Foran. “I am excited to get started. The needs of our customers are changing dramatically and we have an enormous opportunity to serve them in new and different ways. We must be fierce advocates for our customers, work meticulously to exceed their expectations and earn their trust every day.”

During his tenure as President and CEO of Walmart U.S., Simon led a turnaround that reinvigorated the company’s focus on everyday low costs, everyday low prices and an increased product assortment. He also created more career opportunities for associates, launched a U.S. manufacturing revitalization and committed the company to hire more U.S. veterans.

“Whether we’re helping associates earn more for their families or providing customers affordable prices so they can put food on the dinner table, Walmart is a company that is, truly, changing people’s lives,” said Simon. “It’s been an honor to work for Walmart over the past eight years, and this felt like the right time to move on and focus on my next opportunity. I look forward to helping the company as much as I can over the next six months.”

The company will announce Foran’s successor as President and CEO of Walmart Asia at a later date.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere — in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our almost 11,000 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

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Walmart announces the promotion of Greg Foran to President and CEO of Walmart U.S.

Walmart announces the promotion of Greg Foran to President and CEO of Walmart U.S.

LED Recessed Ceiling 4 Inch Dimmable Can Lights Provide the Upside to Down Lighting

Torrance, CA, 2014-7-24 — /EPR Retail News/ — LEDtronics, Inc., with more than 30 years of leadership in innovative LED lighting solutions, announces the newest member to its series of high-brightness, energy-efficient retrofit LED Recessed Downlights. The RDL32-4-12W series are Energy Star and UL/cUL listed, dimmable ceiling can-style downlights ideal for indoor use in architectural/décor lighting and commercial applications: hospitals & medical facilities, hotels and resorts. They only use 12 Watts of energy and can replace halogen bulbs up to 75 watts — a tremendous energy savings of up to 80%.

The RDL32-4-12W series fits 4-inch ceiling can openings. They come with pigtail wires connected to a quick-disconnect connector attached to a standard E26 Edison male screw base connector that can be detached and hard-wired into a two-wire ceiling can fixture connection. A GU24 base connector option is available for qualified customers. RDL32-4-12W has a white color body and lip ring. It has a softly frosted, white-diffused, flat-precision, polycarbonate lens that directs light in a wide 90 degree floodlight illumination pattern, while providing high-brightness of 910 to 980 lumens, depending on LED light Color. The RDL32-4-12W series operates on a voltage input of 120VAC, offering long-lasting durability and easy drop-in installation in existing standard 26mm Edison screw-base ceiling cans.

These new state-of-the-art LED recessed dimmable downlights are available in three white LED color temperatures: Warm White 3000K to 3200K, Natural White 4000K to 4500K and Pure White 5000K to 5500K range, akin to halogen white (other color temperatures available for qualified applications). As well, it boasts outstanding color fidelity with a CRI greater than 80 that enhances color nuances. In addition, these recessed downlights maintain 70 percent or greater of LED lumens at 40,000 hours of 24/7 operation — a lifespan many times longer than the equivalent halogen or other incandescent bulbs!

Because LEDs have no filament, their solid-state design renders them impervious to shock, vibration, frequent switching and environmental extremes. These ROHS-compliant UL/cUL listed dimmable retrofit LED recessed downlights have no harmful mercury or other toxic elements like CFL bulbs; and unlike incandescent bulbs, LEDs do not emit large amounts of heat, and little to no ultraviolet or infrared light. This makes them perfect for use in museums, hospitals, offices or areas where heat and UV radiation might degrade the surroundings (such as illuminating valuable artwork, wine cellars or food service areas). The fact that they run remarkably cool also means they greatly reduce building air-conditioning load on energy.

These economical, high-quality 4-inch LED recessed dimmable downlights are perfect in non-wet outdoor or dimming indoor flood lighting applications such as ceiling-can downlight fixtures as security and emergency lights, general/architectural and landscape lighting, retail store, display case fixtures and cabinet lighting, sign spot lighting, OEM equipment lighting, bio-medical and medical applications, museums or theatrical-effects lighting. Since LED lights are much more energy efficient than halogens and other filament lamps, these LED recessed downlights are perfect operating with an alternative or renewable energy resource such as solar or wind power in cold or warm environments.

In addition, these LED downlights are Energy Star listed, making them eligible for rebate and tax incentive programs.

The RDL32-4-12W LED recessed dimmable downlights come with a LEDtronics 5-year warranty, and are available through LEDtronics distributors. Retail price is $29.95 each. Quantity discounts are available to qualified distributors. Availability is stock to 4-6 weeks for large order requirements. For additional information on how to incorporate incandescent-replacement, energy-saving RDL32-4-12 style LED recessed downlights into your facility lighting plans or architectural designs, contact LEDtronics toll free at 1-800-579-4875, telephone 310-534-1505, fax at 310-534-1424, E-mail us at info@ledtronics.com or postal mail at LEDtronics, Inc., 23105 Kashiwa Court, Torrance, CA 90505.

About LEDtronics®
Based in Torrance, California, LEDtronics, Inc., since 1983 has been a world leader in designing, manufacturing and packaging Solid State Lighting products and state-of-the-art LED’s to meet the world’s constantly changing lighting needs—from industrial control panel LED indicator lights to solid-state LED street light fixtures, LED Post Top or Pendant bulbs, High-Bay or Low Bay fixtures, LED Wall Pack Floodlights from direct incandescent- replacement based LED bulbs to direct fluorescent-replacement T8 and CFL LED tube lamps.

For more details and technical data, visit the RDL 4 inch and 6 inch LED recessed downlights direct web link at:
http://www.ledtronics.com/Products/products_new.aspx?category=Downlight&sub=Y

Contact Details: LEDtronics toll free at 1-800-579-4875, telephone 310-534-1505, fax at 310-534-1424, E-mail us at info@ledtronics.com or postal mail at LEDtronics, Inc., 23105 Kashiwa Court, Torrance, CA 90505.