AHOLD REPURCHASED 2,098,612 AHOLD COMMON SHARES FOR €27.32 MILLION BETWEEN JULY 28 AND August 1, 2014

Zaandam, the Netherlands, 2014-8-7 — /EPR Retail News/ — Ahold has repurchased 2,098,612 Ahold common shares in the period from July 28, 2014 up to and including August 1, 2014.

The shares were repurchased at an average price of € 13.0158 per share for a total consideration of € 27.32 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 126,995,907 common shares for a total consideration of € 1,651.68 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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Kimco Realty Corporation names Conor C. Flynn as the company’s President

NEW HYDE PARK, New York, 2014-8-7 — /EPR Retail News/ — Kimco Realty Corporation (NYSE:KIM) today announced that Conor C. Flynn, the company’s Executive Vice President, Chief Operating Officer and Chief Investment Officer, has been named President of the company effective August 5, 2014.

“Conor has demonstrated extraordinary leadership in directing the strategic and operational activities of the company, highlighted by an entrepreneurial vision and passion for the company that will continue Kimco’s organizational success well into the future,” said David B. Henry, Kimco’s Chief Executive Officer and Vice Chairman of the Board of Directors, “In recognizing Conor’s many talents, the company’s board of directors unanimously approved his appointment as President.”

Prior to his appointment, Mr. Flynn served as the company’s Executive Vice President, Chief Operating Officer and Chief Investment Officer, responsible for overseeing the company’s shopping center business including the supervision of all regional personnel handling leasing, property management, construction, asset management and value creation activities, as well as, guiding new investment decisions for the organization. Mr. Flynn, who will continue in his role as Chief Operating Officer and Chief Investment Officer, joined Kimco in 2003 as an asset manager and has held a variety of senior leadership roles over the past 11 years, including President, Western Region. Conor Flynn holds a BS in Economics from Yale University and Masters in Real Estate Development from Columbia University.

“I am honored by the confidence the company’s board of directors and management have shown in naming me President of Kimco.” Mr. Flynn commented, “Together with our talented associates, I’m very excited to
continue positioning this best-in-class organization to achieve strong financial results and maximize shareholder value.”

Mr. Henry held the title of President immediately prior to Mr. Flynn’s appointment and will continue to serve as Chief Executive Officer and Vice Chairman of the Board of Directors.

About Kimco
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, New York, that owns and operates North America’s largest portfolio of neighborhood and community shopping centers. As of June 30, 2014, the company owned interests in 840 shopping centers comprising 121 million square feet of leasable space across 41 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

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CONTACT:
David F. Bujnicki
Vice President, Investor Relations and Corporate Communications
Kimco Realty Corporation
1-866-831-4297

ICSC and Goldman Sachs Weekly Chain Store Sales Index increased 0.2% for the week ending August 2 compared to its prior week

Retail Sales Up 4.5%

NEW YORK, 2014-8-7 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 0.2% for the week ending August 2 – relative to its prior week. On a year-over-year basis, sales accelerated rapidly by 4.5% compared to the same week of the prior year.

“The fiscal month sustained a strong pace of 4.1% overall,” noted Michael Niemira, ICSC research consultant. “There were 12 states that had a sales tax holiday during the week, which helped propel back-to-school sales. As a result, I expect sales for July to increase by better than 4%,” he added.

Fiscal month sales for July will be reported on August 7.

Week Ending           Index 1977=100         Year/Year Change               Weekly Change
02-Aug-14                    584.2                            4.5%                                 0.2%
26-Jul-14                      583.2                            4.6%                                 0.2%
19-Jul-14                      582.3                            2.8%                                -0.4%
12-Jul-14                      584.4                            4.5%                                 0.1%
05-Jul-14                      583.8                            3.3%                                 1.7%

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 67,000 members in over 100 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. For more information, visit www.icsc.org.

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Contact: Jesse Tron
+1 646-728-3814
jtron@icsc.org
@JesseTronPR

 

Chetan Bhandari appointed Senior Vice President, Corporate Finance and Treasurer at Toys“R”Us, Inc.

WAYNE, NJ, 2014-8-7 — /EPR Retail News/ — Toys“R”Us, Inc. has named Chetan Bhandari Senior Vice President, Corporate Finance and Treasurer. In this capacity, Mr. Bhandari will be responsible for managing relationships with domestic and international lenders, depository banks, credit insurers and credit rating agencies, as well as overseeing the company’s global cash management, foreign exchange programs and capital markets activities. An experienced finance executive with broad retail and consumer goods experience, he was most recently Managing Director at GLC Advisors & Co., LLC. Mr. Bhandari will report to Mike Short, Executive Vice President and Chief Financial Officer, Toys“R”Us, Inc.

Mr. Short said, “It is our pleasure to welcome Chetan to the organization as a key member of our Finance team. We look forward to the benefit of his strong background in corporate finance and well-established relationships in the financial community, as we continue to execute our ‘TRU Transformation’ strategy to position the business for long-term profitable growth.”

In his role at GLC Advisors & Co., LLC, Mr. Bhandari primarily focused on restructuring advisory assignments and building the firm’s M&A, financial sponsor and private placement business. Prior to this, he served as a Managing Director in Investment Banking at Goldman, Sachs & Co., responsible for the Consumer/Retail group’s leveraged finance business across the Americas.

Earlier in his career, Mr. Bhandari served as a Managing Director in the Restructuring Group with UBS Securities LLC and a Vice President in the Investment Banking division with Donaldson, Lufkin & Jenrette Securities Corporation. Previously, Mr. Bhandari was a founding member of Merrill Lynch & Co.’s European leveraged finance business. He received a bachelor’s degree in economics and international relations from Brown University and a Master of Business Administration from Harvard Business School.

About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 878 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 710 international stores and over 190 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/Babiesrus and Facebook.com/FAO and on Twitter at Twitter.com/Toysrusand Twitter.com/Babiesrus.

Forward-Looking Statements

This press release contains “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. All statements herein that are not historical facts, including statements about our beliefs or expectations, are forward-looking statements. These statements are subject to risks, uncertainties, and other factors, including, among others, risks, uncertainties and factors set forth in our reports and documents filed with the United States Securities and Exchange Commission (which reports and documents should be read in conjunction with this press release). We believe that all forward-looking statements are based on reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, one should not place undue reliance on these statements. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to update these statements in light of subsequent events or developments. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in any forward-looking statement.

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For more information, please contact:

Toys“R”Us, Inc.
Kathleen Waugh
973-617-5888 or 646-366-8823
waughk@toysrus.com

Whole Foods Market’s Palm Desert store to raise funds and awareness for The Living Desert as part of its “Summer of Giving” campaign

PALM DESERT, Calif., 2014-8-7 — /EPR Retail News/ — As part of its “Summer of Giving” campaign, from Aug. 3 through 16, Whole Foods Market’s Palm Desert store is raising funds and awareness for The Living Desert, an AZA-accredited zoo and garden dedicated to desert conservation.

“We are honored to be chosen by Whole Foods for this community-based support, as we share the values of conservation and environmental awareness. And, of course, we welcome them to the community,” said Allen Monroe, president and CEO of The Living Desert.

“Summer of Giving” is an online fundraising campaign to help address key needs in the Palm Desert community. Community members can get involved by visiting the Whole Foods Market Palm Desert store webpage at www.wholefoodsmarket.com/stores/palmdesert, or by donating through the EStore http://shop.wholefoodsmarket.com/store/default.aspx. Whole Foods Market will match up to $5,000 for funds raised from Aug. 3 through16, with funds benefitting The Living Desert.

Details on grand opening events and store features will be released as they become available. For regular updates, please visit the store’s Facebook page: https://www.facebook.com/wfmpalmdesert.

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Whole Foods Market: Oregon and Washington stores’ prepared chicken dishes now made only with organic or Non-GMO Project verified chicken

SEATTLE, 2014-8-7 — /EPR Retail News/ — All house-made, chef-prepared chicken dishes at Whole Foods Market stores in Oregon and Washington are now made only with organic or Non-GMO Project verified chicken. Additionally, all rotisserie chickens sold in these 15 locations are organic or Non-GMO Project verified.

Whole Foods Market works with NW Poultry in Mt. Vernon, Washington, to source humanely raised chickens whose diets are free of genetically modified organisms. The company is working closely with its supplier partners to increase the number of organic and Non-GMO alternatives it offers.

Currently, Whole Foods Market sells more than 6,800 grocery items—represented by more than 500 brands—that are verified non-GMO. This is more than any other retailer in North America.

“It’s clear from listening to our customers that we’ve reached a tipping point when it comes to their preference for greater availability of products free from GMO ingredients,” said Joe Rogoff, president of the company’s Pacific Northwest Region. “Making this transition hasn’t been easy, but we’ve worked very hard with our supplier partners, who share our commitment to transparency, and we’re very excited to share these Non-GMO Project verified chicken dishes with our customers.”

Whole Foods Market has eight stores and one mobile grocery location in Oregon, and seven stores in Washington.

In March 2013, Whole Foods Market became the first national grocer to set a deadline for full GMO transparency. By 2018, all food sold at Whole Foods Market’s U.S. and Canadian stores must be labeled to indicate if it contains GMOs.

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J. C. Penney Company, Inc. increases its New York City presence with the opening of its first-ever store in Brooklyn

PLANO, Texas, 2014-8-7 — /EPR Retail News/ — J. C. Penney Company, Inc. [NYSE: JCP] announced today that it is opening its first-ever store in Brooklyn, further increasing its New York City footprint. Located in phase two of Gateway Center, the all-new store will feature the most sought after collection of brands, as well as unique design elements and innovative features not found in any other JCPenney store.

“The new Brooklyn store not only solidifies our presence in New York, it also signifies another milestone in JCPenney’s turnaround,” Myron E. (Mike) Ullman, III, chief executive officer said. “This location displays our commitment to mindful store growth in high potential markets, and will perfectly complement our other New York City locations in Manhattan, the Bronx, Queens and Staten Island.”

Exciting Brands and Attractions
Upon entering the store, customers will discover the best and most compelling mix of brands such as Worthington®, Stafford® and The Original Arizona Jean Co.®; trusted national brands like Levi’s®, Disney® and Nike®; and unique exclusive brands such as Liz Claiborne®, MNG by Mango® and THE BODY by Elle Macpherson Intimates®.

The Brooklyn store will also feature a full-service Sephora inside JCPenney, the ultimate beauty destination. Located prominently within the center of the store, the 2,200-square-foot beauty paradise will offer a wide assortment of makeup, skincare, fragrance, bath and accessory products in an open-sell environment. Customers are encouraged to touch, smell and sample products while specially trained beauty consultants offer a completely non-biased approach when recommending brands.

Additionally, a range of in-store services will be available, including optical and portrait.

Innovative Design and Store Environment
The 124,000-square-foot, single-level store’s exterior incorporates clean lines, large glass panels, red accents and the unmistakable JCPenney logo for a contemporary look. The large main entrance leads to an environment that is distinctly JCPenney, yet uniquely Brooklyn. Large murals of Brooklyn landmarks, polished concrete floors and sleek finishing touches complement the store’s modern interior design.

Evolutionary footwear departments will debut in Brooklyn, marking a new trend in shoe presentation at JCPenney. Separate, convenient footwear zones will accommodate men, women and kids, directly adjacent to respective apparel departments. Additionally, the majority of shoes will be open sell, allowing customers to quickly and effortlessly select their favorite footwear. Furthermore, a dedicated shoe clearance room will make it easier than ever for bargain hunters to find the perfect “kicks” at great value.

The store also introduces a completely redesigned Modern Bride® fine jewelry department – the first of its kind at JCPenney. Unique gray tile, special wall coverings and sleek cases featuring bright LED lighting create a truly dazzling shopping environment for diamonds and precious gems. Additionally, the fine jewelry department includes an all-new watch experience that makes finding the perfect timepiece engaging and fun, featuring popular brands such as Citizen®, Seiko®, Bulova® and Relic®.

Energy Efficient by Design
The Brooklyn store furthers JCPenney’s efforts in energy conservation by being certified by the U.S. Environmental Protection Agency as “Designed to Earn the ENERGY STAR.” The store will use approximately 45% less energy than a prototypical JCPenney store built just three years ago, incorporating features such as:

    • High-efficiency 14.2 EER rooftop heating and air-conditioning units.
    • Energy-saving, long-lasting LED lighting throughout the store, as well as LED exterior signage.
    • Double-layer roof insulation to yield higher “R” values than typical stores.
    • Radiant heating in the receiving dock area to reduce reliance on natural gas.
    • Occupancy sensors to automatically dim lighting in stockrooms, offices and restrooms for increased energy savings.

Grand Opening Events for Everyone
An exciting weekend of grand opening events will begin with a ribbon cutting ceremony at 8:30 a.m. on Friday, Aug. 29. During the ceremony, Brooklyn Store Leader Missy Ioanna will present a $5,000 JCPenney Cares grant to United Community Centers, Inc., a multi-service, intergenerational, community-based organization that provides services and support to residents of East New York, Brooklyn. When doors open at 9 a.m., the first 250 customers will receive Sephora gift bags containing samples and a JCPenney gift card with a mystery value up to $100.

From 10 a.m. to 4 p.m. on Saturday, Aug. 30, the store will host an outdoor grand opening block party with local food favorites, interactive games, exciting rides, live entertainment and summer fun for the whole family.

“JCPenney is no stranger to New York City, and our stores have been a top trend destination for decades,” said Ioanna. “Our new location at Gateway Center puts us in the middle of an exciting shopping district, and allows us to share the best assortment of apparel and home furnishings with the residents of Brooklyn, right in their own backyard. Our entire team is excited to deliver a truly memorable customer experience.”

The new Brooklyn JCPenney is located at 360 Gateway Drive. Regular store hours will be 9 a.m. to 9:30 p.m., Monday through Friday; 9 a.m. to 10 p.m., Saturday; and 10 a.m. to 8 p.m. on Sunday.

Media Relations: 
(972) 431-3400 or jcpnews@jcp.com

Investor Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishing retailers, is dedicated to fitting the diversity of America with unparalleled style, quality and value. Across approximately 1,100 stores and at jcpenney.com, customers will discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, colors and wallets. For more information, please visit jcpenney.com.

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Target Corp. sponsors 2014 ASP Maui Women’s Pro Surfing Competition, November 22 through December 6, 2014 in Honolua Bay, Maui

Two-time world champion and Target athlete Carissa Moore to defend crown in her home state

MINNEAPOLIS, 2014-8-7 — /EPR Retail News/ — Target Corp. (NYSE: TGT), along with the Association of Surfing Professionals (ASP), today announced that the retailer will be the title sponsor of this season’s Maui Women’s Pro, November 22 through December 6, 2014 in Honolua Bay, Maui.

The Target Maui Pro presented by Schick Hydro Silk will return the world’s best female surfers to the region for the first time since 2009. Part of an elite 10-event series held around the world to determine the ASP Women’s World Champion, Honolua Bay will serve as the final stop on the 2014 Samsung Galaxy ASP Women’s World Championship Tour (WCT).

Target-sponsored surfer Carissa Moore, the reigning two-time ASP Women’s Champion and current ASP WCT No. 1, has competed as a wildcard in the past at Honolua Bay, and will defend her crown at this year’s event. “These are easily some of the best waves on the planet and they’re set in the most beautiful location,” said Moore. “Honolua Bay will be the ideal platform for the ASP Top 17 to perform upon, and I can’t thank Target enough for supporting us there.”

“Carissa has been a partner of Target since 2009, and this year we are doing even more by working with the ASP to help bring elite surfers like her to the world’s best waves,”  said Daniel Griffis, vice president, Experiential Marketing and Alliances, Target. “Target’s goal is to help better the sport for its competitors and fans, so we are proud to play our part in bringing this women’s ASP WCT event back to Honolua Bay.”

“It’s a pleasure to partner with such a great retailer as Target,” said Mark Noonan, global chief commercial officer, ASP. “The combination of the world’s best female surfers, the world-class waves of Honolua Bay and Target as a title sponsor will ensure a fantastic end to this year’s Women’s WCT. We thank Target for their support and look forward to an incredible event.”

For the complete 2014 ASP Women’s World Champion Tour schedule, visit www.aspworldtour.com

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,925 stores – 1,795 in the United States and 130 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.

About the Association of Surfing Professionals
The ASP is the world surf league. The ASP organizes the annual tour of professional surf competitions and broadcasts each event live at www.aspworldtour.com where you can experience the athleticism, drama and adventure of competitive surfing — anywhere and anytime it’s on. Travel alongside the world’s best male and female surfers to the most remote and exotic locations in the world. And fully immerse yourself in the sport of surfing with live event broadcasts, social updates, event highlights and commentary on desktop and mobile.

For more information, visit Target.com/Pressroom

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Target Corp. sponsors 2014 ASP Maui Women’s Pro Surfing Competition, November 22 through December 6, 2014 in Honolua Bay, Maui

Target Corp. sponsors 2014 ASP Maui Women’s Pro Surfing Competition, November 22 through December 6, 2014 in Honolua Bay, Maui

Harris Teeter and Charleston RiverDogs partner to host food drive at the ballpark to support Lowcountry Food Bank’s hunger-relief efforts

Donate Non-Perishable Foods at Charleston RiverDogs Home Games in August

Matthews, N.C., 2014-8-7 — /EPR Retail News/ — In partnership with the Charleston RiverDogs, Harris Teeter is hosting a food drive at the ballpark to support Lowcountry Food Bank’s hunger-relief efforts.

Volunteers will collect donations at the Riley Park Box Office on Tuesday Aug. 12 and Tuesday Aug. 26. Fans who bring at least two non-perishable food items to either of those games will receive $2 off any individual ticket. In addition, Harris Teeter will be making a donation of 50 cases of various non-perishable food products to the Lowcountry Food Bank.

“The RiverDogs are always proud to partner with Harris Teeter, and we are thrilled to host this food drive during our final Harris Teeter 2-for-$20 Date Night Tuesdays from Nash FM,” said RiverDogs General Manager Dave Echols. “The Lowcountry Food Bank has also been a big partner through our HOPE Week initiative and our Smokin’ Chef series on Sundays. We fully encourage our fans to join the fight against hunger when they come to these Tuesday games.”

Please join us as we partner with and Lowcountry Food Bank and the Charleston RiverDogs in the fight against hunger.

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