Rawproconcepts, Inc. Launches Rawproconcepts® Supplement Program for Dogs, Delivering a Key Nutritional Advantage for Puppies and Adult Dogs

Green Cove Springs, FL, 2014-8-26 — /EPR Retail News/ — Rawproconcepts®, Inc. introduces a one-of-a-kind advanced supplement program formulated for use with all commercial dog food and homemade diet formulations*. Using Rawproconcepts® supplements, dog owners, breeders, and handlers are able to correctly supplement nutrient deficiencies of homemade dog food diets and commercial dog food diets, without the missing analysis often presented by other supplement programs.

Unique to the development of the Rawproconcepts® product line, and the foundation of the Program, is the published workbook titled, The Complete Nutrition Workbook for Dogs. This premier instructional workbook written by company co-founder Alan Anderson, pulls together nutrient data and nutrient requirements for dogs into an exact, step-by-step/table-based guide to homemade dog food formulation. Following daily feeding profiles recommended in the workbook, combined with daily use of Rawproconcepts®, provides an optimal program for homemade diet enthusiasts.

Spending over seven years in the development of the workbook using computer assisted analysis of food ingredient nutrient data provided by the United States Department of Agriculture (USDA), and the nutrient requirements [Recommended Allowance (RA)] for dogs provided by the National Research Council (NRC) of The National Academies, who are advisors to the Nation on Science, Engineering, and Medicine, the Rawproconcepts® master formulations for adult dogs and puppies were developed. These formulations capitalize the science used for canine diet formulation into a premier supplement program of advanced product formulations for all dogs.

The Rawproconcepts® product line is manufactured under the labels Rawpromax™, Rawpromega™, Rawprobial™, and RawproCa:P™.

Rawpromax™ is a Protein, Vitamin, and Mineral supplement, manufactured with a formula variant for adult dogs and a formula variant for puppies; Rawpromega™ is an Omega 6 and Omega 3 Fatty Acid supplement manufactured with a formula variant for adult dogs and a formula variant for puppies; Rawprobial™ is a supplement manufactured for adult dogs to support Eye Health, Joint Health, and Digestive Health; and RawproCa:P™ is manufactured for homemade diets only and is considered a “Special Use” supplement for adult dogs and puppies requiring additional Calcium and Phosphorus.

The Rawproconcepts® Program debuts in the United States through E-Commerce Platforms and veterinary clinics.

*Managed care of a licensed veterinarian on all matters relative to the feeding and healthcare of animals takes precedence.

For more information, please visit Rawproconcepts® Premier Canine Supplement Program

Rawpromax™, Rawpromega™, Rawprobial™, and RawproCa:P™ are trademarks of Rawproconcepts®, Inc.

Rawproconcepts® is a trademark of Royal Atlantic E-Commerce, LLC

Contact Details: 411 Walnut Street, Suite 4495
Green Cove Springs, FL 32043
webmaster@rawproconcepts.com
https://rawproconcepts.com/
1-866-340-8245

JB HI-FI announces the appointment of Tim Carter to the newly created position of Online & Commercial Director

Melbourne, Australia, 2014-8-26 — /EPR Retail News/ — JB HI-FI today announces the appointment of Tim Carter to the newly created position of Online & Commercial Director. Tim will report to the Chief Executive Officer, Richard Murray, and will have primary responsibility for the Company’s online and commercial businesses.

Tim was previously with JB HI-FI between September 2005 and July 2011 in a variety of roles including General Manager, Inventory & Supply Chain. After leaving JB Hi-Fi Tim spent 2 years as Chief Operating Officer at online retailer Catch of the Day and, more recently, he has been providing advisory services, including online strategy development and execution, to a number of businesses.

JB HI-FI CEO, Richard Murray, said “I have worked closely with Tim for many years and hold him in high regard.

I am excited that Tim is rejoining the JB HI-FI team. Our online and commercial divisions are important growth areas for the Company and we believe that it is the right time to appoint a member of the Executive team dedicated to these areas. Tim brings both energy and intellect to the role together with significant experience in online retailing. We look forward to Tim leading the continued growth of our online and commercial businesses.”

Media & Investors:
Richard Murray
Chief Executive Officer
03 8530 7333

AHOLD REPURCHASED 785,209 AHOLD COMMON SHARES FOR € 10.25 MILLION BETWEEN AUGUST 18 AND AUGUST 22, 2014

Zaandam, the Netherlands, 2014-8-26 — /EPR Retail News/ — Ahold has repurchased 785,209 Ahold common shares in the period from August 18, 2014 up to and including August 22, 2014.
The shares were repurchased at an average price of € 13.0533 per share for a total consideration of € 10.25 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 130,629,364 common shares for a total consideration of € 1,698.00 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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MAXIMA GRUPĖ announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland

Vilnius, Lithuania,  2014-8-26 — /EPR Retail News/ — MAXIMA GRUPĖ, running the retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria, announces new top managers of the companies “MAXIMA LT” in Lithuania and “ALDIK NOVA” in Poland.

Žydrūnas Valkeris steps in as the new general director of “MAXIMA LT”. Previously he has managed Poland’s company “ALDIK NOVA” for the past three years. In the position of the Chairman of the Board of this company he will be replaced by Mindaugas Pilkauskas, who until now has headed one of the divisions of “MAXIMA” companies’ group in Lithuania. Meanwhile, Arūnas Zimnickas, who until now has been in the position of the General Director of “MAXIMA LT”, takes up new challenges and will be managing retail chains, currently under development in Spain.

“We take pride in our team of managers, who have proved themselves and gained a wealth of experience in our international companies’ group, and we are eager to create opportunities for them to apply their experience in a variety of countries. We have no doubt that this change in the top-management will ensure the further successful work of the companies and allow them to reach established targets”, – says General Director of MAXIMA GRUPĖ Neringa Janavičiūtė.

According to her, “MAXIMA LT” in Lithuania will steadily follow its strategic directions – the company will continue projects already underway with the particular emphasis on preparing for euro introduction. Objectives set for the new manager “ALDIK NOVA” do not change as well. The most important task for the new manager in Poland remains to increase the competitiveness of retail stores and ensure steady expansion of the retail chain.

The new leader of “MAXIMA LT” Ž. Valkeris has been working in the companies’ group for 18 years. He has accumulated an impressive international business experience while managing companies and various projects in Poland, Romania and Estonia. Ž. Valkeris had contributed to the launch of the shopping mall “Ermitažas” in Vilnius. For the last three years he was managing the retail chain “ALDIK” in Poland.
The new manager of “ALDIK” M. Pilkauskas joined “MAXIMA” companies’ group almost 20 years ago. In the course of his career he was in charge of products and goods purchases in foreign countries, headed one of “MAXIMA LT” departments, and, most recently – one of the divisions of “MAXIMA” companies’ group.

MAXIMA GRUPĖ was established in 2007. It controls retail companies in Lithuania, Latvia, Estonia, Poland, and Bulgaria. There are 509 retail stores MAXIMA X, MAXIMA XX, MAXIMA XXX, ALDIK, T-MARKET in total: 230 are in Lithuania, in Latvia – 142, in Estonia – 71, in Bulgaria – 42, in Poland – 24. In 2013 MAXIMA GRUPĖ’s consolidated turnover grew 5.9% and accounted for 2,519 billion euros without VAT.

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RILA President Sandy Kennedy urged PMA and ILWU leaders to ensure stability at the west coast ports

Letter Underscores Retail Industry Concerns To The Heads Of The PMA And ILWU

Arlington, VA, 2014-8-26 — /EPR Retail News/ — In a letter addressed to the heads of the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU), Retail Industry Leaders Association (RILA) President Sandy Kennedy urged both leaders to remain focused on securing a new, long-term contract in the immediate future to ensure stability at the west coast ports, highlighting growing angst among the retail community over the lack of a new agreement.

“Without a finalized contract, the chief concern of a possible repeat of the 2002 shutdown remains,” RILA President Sandy Kennedy writes in the letter.

The protracted negotiations follow the expiration of a six-year agreement between the PMA and ILWU almost two months ago, leaving the long term stability of the west coast ports as a reliable channel in the global supply chain unsettled.  Unlike in 2002, where produced rotted on the docks, goods passed out of season and the American economy lost close to a billion dollars a day, work has continued during the extended talks.

“Retailers continue to exercise contingency plans throughout their massive supply chain operations despite the fact the west coast negotiations have not reached an impasse,” Kennedy continued. “While goods continue to move at an efficient rate through the west coast ports of entry, each day without a finalized agreement jeopardizes the movement of goods destined for shelves during the all-important Holiday season.”

Retailers, including RILA members, are some of the largest users of the global supply chain and rely on access to efficient and reliable transportation systems every day. In this system, ports play an outsized role as the hub where goods are transported from ship to shore and sent along to consumers across the continent.

“It is our hope that both sides are engaged in open and honest discussions, moving with haste toward a long-term solution that will stabilize the labor picture on the west coast.  Securing an agreement is of paramount importance to the retail industry,” Kennedy concludes in the letter.

To read a copy of the letter, please click here.

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.
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Zachary Taylor
Coordinator, Public Affairs
Phone: 703-600-2042
Email: zachary.taylor@rila.org

Meijer hosts more than 20 in-store parties to welcome 40,000 incoming college freshmen across the Midwest

Retailer hosts more than 20 in-store parties for incoming students across the Midwest

GRAND RAPIDS, Mich., 2014-8-26 — /EPR Retail News/ — Midwest retailer Meijer is welcoming an estimated 40,000 incoming college freshmen as they head to campus this fall during the widely-popular in-store parties dubbed “Meijer Mania.”

These annual Back-to-College events celebrate incoming students in style during a night of fun – complete with a DJ, photo booth and interactive contests – while helping them collect their last-minute dorm and classroom essentials. The retailer kicked off Meijer Mania events in mid-August and will host a total 23 events across the Midwest through early September.

“Our Meijer Mania events generate a lot of energy among the students, who are embarking on a new experience,” said Cathy Cooper, senior director of promotions and sponsorships at Meijer. “They bring their creativity and school spirit, and share the fun with their family and friends through social networks like Vine, Instagram and Twitter. We are pleased to partner with so many colleges and universities to help ease the transition for these students.”

To follow what students and the community are saying about these events on their social media channels and in the news, visit the Meijer Mania feed on Storify: https://storify.com/meijer/meijermania

Meijer began throwing in-store parties for incoming college freshmen about a decade ago to give students a chance to get to know their peers in a fun environment, and introduce the Meijer brand to those who may not have grown up shopping at the Midwest supercenter – some of whom may learn how to pronounce the retailer’s name for the first time, Cooper said.

In total, an estimated 40,000 students – about 1,700 freshmen per event – will bus from campus to their local Meijer store location for a night of festivities. Typically, a DJ will get the crowd pumped up while students participate in interactive games and contests, snap pictures in the photo booth, and stock their carts with snacks and school supplies. Meijer also provides samples and coupons, and occasionally hosts big-ticket giveaways.

One of retail’s leading shopping seasons, Back-to-School and College is a $75 billion industry, according to the National Retail Federation. Meijer Mania events help spread out the spending during a time when college students and their families are busy preparing for the school year.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 213 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As a pioneer of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact: Joe Hirschmugl, 616-791-3943, Joseph.Hirschmugl@meijer.com

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Meijer hosts more than 20 in-store parties to welcome 40,000 incoming college freshmen across the Midwest

Meijer hosts more than 20 in-store parties to welcome 40,000 incoming college freshmen across the Midwest

 

 

 

ShopRite of Waretown extends its delivery service for its popular ShopRite from Home service to all of Long Beach Island

Waretown, NJ, 2014-8-26 — /EPR Retail News/ — Stocking up for that beach vacation just got easier! ShopRite of Waretown has announced that it has extended its delivery service for its popular ShopRite from Home service to all of Long Beach Island. By placing an order online at ShopRite.com or via the ShopRite from Home mobile app, LBI residents or summer vacationers can now have their entire grocery order delivered directly to their homes or rentals. Customers can even pick up their online order in-store on their way to their beach vacation.

ShopRite from Home orders are carefully selected in-store by a team of personal shoppers. All of ShopRite’s weekly sales and traditional low prices are also applied to online orders – customers can even use coupons!
First introduced to customers in 2002, ShopRite from Home is available in all ShopRites across NY, NJ, CT, PA, DE and MD. ShopRite from Home delivery service allows customers to place online orders from their home computer or mobile device and have their groceries delivered to their homes or picked up in-store Visit ShopRite.com to place order.

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About ShopRite
ShopRite is the registered trademark of Wakefern Food Corp., a retailer-owned cooperative based in Keasbey, NJ,  and the largest supermarket cooperative in the United States.  With more than 250 ShopRite supermarkets located throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland, ShopRite serves more than six million customers each week.  A long-time supporter of key community efforts, ShopRite is dedicated to fighting hunger in the communities it serves.  Through its ShopRite Partners In Caring program, ShopRite has donated $33 million to 1,700 worthy charities and food banks since the program began in 1999.  As a title sponsor of the LPGA’s ShopRite Classic, ShopRite has raised more than $27 million for local organizations, hospitals and community groups.  Progressive Grocer named ShopRite its 2011 Retailer of the Year and Supermarket News awarded ShopRite its 2011 Retail Excellence Award.  For more information, please visit www.ShopRite.com.

ShopRite of Waretown extends its delivery service for its popular ShopRite from Home service to all of Long Beach Island

ShopRite of Waretown extends its delivery service for its popular ShopRite from Home service to all of Long Beach Island

ShopRite of Greenway Plaza in Yonkers to award “Win Free Groceries for a Year” Sweepstakes winner on August 29, 2014

New York, 2014-8-26 — /EPR Retail News/ — Gift card presentation and celebration scheduled for Friday, August 29th at 2 PM

WHAT: ShopRite recently held a sweepstakes to award one lucky customer with a year of free groceries!

The winner of ShopRite’s “Win Free Groceries for a Year” Sweepstakes is Mount Vernon resident Jeanine Beard,who was chosen from more than 20,000 customer submissions. A presentation celebration will take place on Friday, August 29th at 2 PM. Jeanine will be presented with a gift card to be used at any ShopRite store for all her grocery needs in the year ahead.

WHO: Sweepstakes winner and  resident, Jeanine Beard; ShopRite executives

WHEN: Friday, August 29th, 2 PM

WHERE: ShopRite of Greenway Plaza, 25-43 Prospect Street, Yonkers, NY 10701

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About ShopRite
ShopRite is the registered trademark of Wakefern Food Corp., a retailer-owned cooperative based in Keasbey, NJ,  and the largest supermarket cooperative in the United States.  With more than 250 ShopRite supermarkets located throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland, ShopRite serves more than six million customers each week.  A long-time supporter of key community efforts, ShopRite is dedicated to fighting hunger in the communities it serves.  Through its ShopRite Partners In Caring program, ShopRite has donated $35 million to 1,700 worthy charities and food banks since the program began in 1999.  As a title sponsor of the LPGA’s ShopRite Classic, ShopRite has raised more than $27 million for local organizations, hospitals and community groups.  Progressive Grocer named ShopRite its 2011 Retailer of the Year and Supermarket News awarded ShopRite its 2011 Retail Excellence Award.  For more information, please visit www.ShopRite.com.

New Zealand: Queenstown Mediterranean Market to become Raeward Fresh Queenstown Market on Monday 8 September 2014

Queenstown, New Zealand, 2014-8-26 — /EPR Retail News/ — Local owners of the Queenstown Mediterranean Market, Angela and Nathan Imlach are thrilled they have recently joined the Raeward Fresh family.

While the store will be retailing under the Raeward Fresh brand, Angela and Nathan will still maintain 100% ownership of the business. Angela and Nathan have been operating the current store for more than 10 years and are excited to see the business grow once more.

“This is a great step for our store and we are confident the support from Foodstuffs South Island Ltd will give more longevity to our business and will enable us to continue its growth and keep giving our local customers, and frequent visitors, what they want,” says Nathan.

The Queenstown Mediterranean Market is an all-encompassing gourmet supermarket with everything from a full service deli and butchery, to fresh fruit and vegetables, and has a large selection of spices and super foods. For the foodies, there’s also an in-store cafe, cooking classes and catering options available.

The Raeward Fresh brand has been part of the Foodstuffs South Island  co-operative for the past three years, prior to this it had been providing customers with fresh fruit and vegetables, meats and cooking essentials since its humble beginning as a roadside stall in 2001. With a ‘paddock to plate’ approach, Raeward Fresh works with local growers and farmers to ensure the best quality is offered, at the best price, every day.

Alan Malcolmson, General Manager Retail Operations Foodstuffs South Island is pleased to welcome a store with similar values into the Raeward Fresh family. “Like Raeward Fresh, the Queenstown Mediterranean Market values local produce at a premium quality and a great price and we are delighted to be working alongside a like-minded business and help them in their journey,” says Alan.

The Queenstown Mediterranean Market will become Raeward Fresh Queenstown Market on Monday 8 September 2014 and the store is located at 53 Robins Road, Boydtown, Queenstown.

The Raeward Fresh brand currently has three stores in Christchurch and one store in Nelson.

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GOME Electrical Appliances Holding Limited announces the Group’s unaudited consolidated results for the six months ended 30 June 2014

  • Core Financial Indicators Exceed Industry Average for Six Consecutive Quarters
  • E-commerce Business Enters Period of Rapid Growth
  • Acceleration of Omni-Channel Strategy;
  • Company to Build Another GOME by 2017

Results summary:

GOME achieved excellent results in core financial indicators for six consecutive quarters:

1. Sales revenue up for six consecutive quarters y-o-y, 2014 1H up 7.4% y-o-y to RMB29.12 billion
2. E-commerce business enters period of rapid growth, gross merchandise volume(GMV) up 53.7% y-o-y
3. Same store sales growth (SSSG) reached 7.3%, tier-two market recorded SSSG of 11.3%
4. Sales revenue per sq.m sustains an upward trend for six consecutive quarters to RMB 4,074 in 2014 Q2
5. Consolidated gross profit margin in 2014 1H up 0.5 percentage points y-o-y to 18.8%
6. Net profit margin amounted to 2.4% in 2014 1H, up 1.2 percentage points

Omni-channel strategy created value for shareholders with earnings per share amounted to RMB 4.1 fen and dividend payout ratio maintained at 40%.

Hong Kong, 2014-8-26 — /EPR Retail News/ — GOME Electrical Appliances Holding Limited (HKSE: 493, “GOME” or “The Company”, together with its subsidiaries, “The Group”) today announced the Group’s unaudited consolidated results for the six months ended 30 June 2014 (“the Reporting Period”).

Conclusion of effective integration of GOME Omni-Channel resources;
Core financial indicators exceed industry average for six consecutive quarters

In the first half of 2014, the Group strictly followed the strategic target of “Open Omni-Channel Retailer”, meeting the strategic demand of “Offline+Online+Mobile Terminals” businesses. It expanded into surrounding areas with core cities as the center, to provide cross-regional and cross-channel services to consumers. As at the end of the reporting period, riding on the open supply chain advantages that include low-cost and highly-efficient procurement, logistics and IT, the Group recorded sales revenue of RMB 29.12 billion, up 7.4% year-on-year. The Group’s consolidated gross profit margin rose from 18.3% to 18.8% compared with the same period last year. Total operating expenses ratio fell by approximately 0.8 percent point year-on-year to 16.3%. Profit attributable to the owners of the parent company accounted for RMB 690 million, up 115.2% year-on-year. Net profit for the second quarter of 2014 amounted to approximately RMB 430 million. Net profit margin for 2014 first half year was recorded at 2.4%, up 1.2 percentage points year-on-year. Thus core financial indicators that include sales, consolidated gross profit margin, operating expenses ratio, same store sales growth, sales per square meter, average single-store sales all outperformed industry average for six consecutive quarters.

The Group achieved satisfactory results with earnings per share of RMB 4.1 fen for the first half of 2014, up 115.8% y-o-y. To share the Group’s operational achievements with its shareholders, the Company recommended to declare an interim dividend in accordance with the dividend payout ratio of 40%.

During the reporting period, the Group opened 55 stores and achieved y-o-y growth of 7.3% in same stores sales. Of this, 34 stores were in tier-two markets where y-o-y growth in same stores sales reached 11.3%. Further, the Group actively promoted strategic cooperation with department stores, supermarkets and local chains and added a total of 79 jointly operated stores, which led to a 60% q-o-q increase in sales of this segment in the second quarter.

In terms of supply chain, the Group’s Enterprise Resources Planning System (“ERP”) continued to build a cross-sharing platform with advantages in cost, efficiency and service.

Differentiated products accounted for 1.2% of total sales in 2009, with the proportion rising significantly to 32% in the first half of 2014. With higher operational efficiency, the Group recorded cash and cash equivalents of RMB 13.07 billion, and operating cash flow of RMB 3.28 billion.

During the reporting period, the Group’s online channels continued to improve on the e-commerce front in terms of reputation and customer satisfaction. This was achieved through the full integration with the procurement, logistics and information supply chain value platform. In the first half of 2014, the Group recorded a 53.7% increase year-on-year in GMV, in which a 64.8% increase was recorded in the second quarter. Unique Visitor(“UV”) rose by 43.8% year-on-year, with gross profit margin of E-commerce business at 7.3%. Further, the Group vigorously expanded its mobile APP and Big Data businesses, with the proportion of mobile terminal GMV increased to 10% of the total amount of the online platform. Focusing on the virtual operator market, the Group is tapping its advantages in the existing retail network to diversify its business, and to prepare strategic channels for mobile terminals, to develop new profit growth points.

Acceleration of “Omni-Channel Retailer” Strategy; Company to Build Another GOME by 2017

To further enhance the advantages of “Omni-Channel Retailer”, the Group proposed four drivers of momentum comprising structural upgrade, infrastructure upgrade, as well as online and offline acceleration. These serve to encourage creativity and innovation in every business unit of GOME.

  • Structural Upgrade: GOME will strengthen regional management capacity, optimize internal management and improve efficiency by implementing a flat organizational structure and setting up IT management processes. The Group will implement staff incentive schemes to enhance staff motivation and to accelerate market share expansion in tier-two markets.
  • Infrastructure Upgrade: (1) Procurement Platform: GOME will create a new procurement platform which optimizes the product structure, and ensure the proportion of differentiated products reaches 50% by 2017. (2) IT System: GOME will upgrade the IT system which supports the omni-channel supply chain platform, and work to achieve synergy with vendors’ supply chains. (3) Logistics Service: Relying on GOME’s 428 warehouses covering 398 cities (non-listed GOME Group included), the Group will strive to achieve “3 Deliveries/Day, Precise Delivery, Installation with Delivery” for online and offline ordering in 200 cities by 2014. It aims to achieve “3 Deliveries/Day” in 400 cities by 2016, which will further enhance customer satisfaction.
  • Offline Development Acceleration: (1) Tier-One Market: To accelerate the installation of new smart retail terminals across 1,605 stores. With full Wi-Fi coverage, together with offline and online SKU available on the mobile App, this reinforces the personalized experience and hence improves same-store sales. (2) Tier-Two Market: To accelerate network expansion in tier-two and tier-three cities by opening satellite stores surrounding flagship stores. To further increase market share, the Group focused on middle and western China with high population density, and raised its market share in the regions of Shanghai and Nanjing. The Group will also extend its logistics services with 500km radius of central logistics warehouse to stimulate cross-regional sales. (3) Channel Integration: While expanding sales by leveraging the channel integration with department stores and supermarkets chains, GOME will continue strategic cooperation with Wumart, MoPark and Lianhua etc. It will also step up the strategic alliances with leading supermarkets and department stores located in Beijing, Shanghai, Guangdong, Hebei, Henan, Liaoning and Shandong.
  • Online Development Acceleration: GOME will accelerate the Omni-Channel integration of gome.com.cn, 1,605 offline stores (non-listed stores included), supermarkets and department stores chains in the future. It will utilize the Mobile APP and Big Data, and develop the GOME financial and MVNO businesses. By leveragingthe advantages including adequate inventory levels, competitive pricing, page experience upgrades and timely delivery, the Group will be able to enhance both customer experience and satisfaction, expand its market share and shape gome.com.cn into an omni-channel products and service platform with the core competitiveness in direct home appliances retailing.

Mr. Wang Junzhou concluded, “While the global economic recovery is slowing down, China’s national economic development is transforming from “speed” to “quality”, and is gradually stabilizing. Due to the impact of the internet on home appliances industry, the competition in the home appliances industry is becoming more intense. Looking forward into the future, the Group will continue to operate under the “Omni-Channel Retailer” strategy, with a comprehensively focus on customer needs. GOME will pursue the optimization and development of a store network, stepping up the development of e-commerce businesses and mobile terminal businesses. It will also reinforce the integration of multi-channels, develop an open supply chain platform, and improve sales growth and profitability by strengthening after-sale services. This will let us achieve our goal of “Building another GOME” by 2017, creating greater value for shareholders and consumers.”

-Ends-

About GOME Electrical Appliances Holding Limited
GOME Electrical Appliances Holding Limited was listed on The Hong Kong Stock Exchange in July 2004 (HKSE: 00493). The GOME Group was founded in China in 1987 and is engaged in the retail business of electrical appliances and consumer electronics in China. It is the leading retail chain of electrical
appliances and consumer electronics and the leading retail chain enterprise in China.

Please visit our website for more information: www.gome.com.hk.

For further enquiries, please contact:

Hong Kong

Hill+Knowlton Strategies Asia
Samantha Wang
Tel: (852) 2894 6266 / 9418 0271
Email: samantha.wang@hkstrategies.com

Candy Chan
Tel: (852) 2894 6246 / 9715 8681
Email: candy.chan@hkstrategies.com

Beijing
Helen Song
Tel: 86-10-5928 8815
Email: songjie6@gome.com.cn