CBRE Group, Inc. appoints Spencer Levy as Americas Head of Research

Los Angeles, 2014-9-4 — /EPR Retail News/ — CBRE Group, Inc. today announced that Spencer Levy has been appointed Americas Head of Research. Mr. Levy, a seven-year veteran of CBRE, had previously served as Executive Managing Director in the company’s Capital Markets Group.

“We are very excited to have Spencer lead our Research efforts in the Americas,” said Dr. Nick Axford, CBRE’s Global Head of Research. “He knows commercial real estate, our company and culture extremely well, and has sharp analytical skills as well as strong ties with our clients.  We will leverage these strengths as Spencer works with our Research team to deliver market analysis and insight to our professionals and our clients.”

Steven Swerdlow, CBRE’s Chief Operating Officer of the Americas, added:  “Spencer has excelled at every role he has undertaken at CBRE.  He has forged a strong reputation for being thoughtful and analytical, engaging deeply with our clients, and collaborating closely with our people around the world, including with our Research team.”

“I am delighted to be joining CBRE Research,” Mr. Levy said.  “Our team includes some of the finest researchers in the industry.  I have always been a big proponent of their work and have teamed with them often to deliver insight and value to our clients.  I am looking forward to doing this now on a regular basis and helping CBRE Research – as well as our clients – achieve greater success.”

Mr. Levy joined CBRE in 2007 to lead the Eastern Division of the Capital Markets Group. Since then, he has assumed positions of increasing responsibility. His most recent duties included oversight of CBRE Capital Market’s Corporate Advisory, Auction and Latin America operations.  He also directly serves a number of major clients.

Prior to CBRE, he was a principal at Stifel Nicolaus (formerly Legg Mason Capital Markets), a leading investment bank serving the real estate industry, where he played a significant role in M&A, IPO and private capital-raising activities. Before that, he served as assistant general counsel at the Witkoff Group and was an attorney at Fried Frank Harris Shriver & Jacobson and Jones Day Reavis & Pogue.

Mr. Levy is a frequent speaker before industry groups, including NAIOP, ICSC and CREW, and his insights on the real estate market are often quoted in the press.  In 2010, he won CBRE’s Gary J Beban Teamwork Award, which acknowledges professionals who take a multi-disciplinary approach to client service.

Mr. Levy resides in Owings Mill, MD with his wife and three children.  He serves on the Board of Directors of the Baltimore Leadership School for Young Women, an inner-city charter school.   He is a graduate of Cornell University and Harvard Law School.

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

For Further Information:

Robert Mcgrath
T +1 212 9848267
email

New collection of exclusive tech accessories from kate spade new york to arrive at Best Buy

Richfield, MN, 2014-9-4 — /EPR Retail News/ — Give your smartphone, tablet and laptop a makeover – after all, it is Fashion Week in New York– as a new collection of exclusive tech accessories from top fashion designers and brands begins to arrive at Best Buy.

Starting Sunday, Sept. 7, kate spade new york smartphone, tablet and laptop cases, as well as portable power packs, will be available at select Best Buy and Best Buy Mobile stores and on BestBuy.com. It’s the first in a series of Best Buy fashion designer partnerships to be announced in coming weeks.

So, say goodbye to boring black cases and accessories, because the New York Times reports they are the fashion statements customers care about. CEA data supports it: 67 percent of customers customize accessories through color and 62 percent with design.

“In an era where technology and fashion intersect, we look forward to offering high-quality, stylish and affordable tech accessories from a carefully curated portfolio of top designers and brands,” said Mary Ortizcarzarin, vice president of accessories at Best Buy.

The kate spade new york line will include more than 50 unique products with exclusive designs – colorful solids, classic stripes and graphic polka dots – all available only at Best Buy. The selection includes:

  • Smartphone cases for Apple iPhone 5s, iPhone 5 and the Samsung Galaxy S5 in two-piece plastic snap styles, leather wraps, leather wristlets and battery cases
  • Tablet cases for Apple iPad Air and iPad mini in leather folio and plastic snap back styles
  • Laptop sleeves for 13-inch computers in both leather and neoprene styles
  • Portable power packs

For more information, visit www.BestBuy.com/katespadenewyork.

For more information:
Shandra Tollefson
Best Buy
(612) 323-4418
shandra.tollefson@bestbuy.com

###

New collection of exclusive tech accessories from kate spade new york to arrive at Best Buy

New collection of exclusive tech accessories from kate spade new york to arrive at Best Buy

Flu vaccinations now available at all Stop & Shop in-store pharmacies

Help yourself and also a neighbor in need this flu season with new Unilever partnership

Purchase, NY & Quincy, MA, 2014-9-4 — /EPR Retail News/ — To help prepare you and your family for the upcoming flu season, flu vaccinations are now available at all Stop & Shop in-store pharmacies. No appointment is needed and vaccinations are provided any time the pharmacy is open by Stop & Shop’s trusted in-store pharmacists. All Stop & Shop stores are also taking steps to ensure its pharmacies and health departments are well stocked to handle flu-related prescriptions and over-the-counter medications throughout the fall and winter seasons.

“It’s important for people to take the time to get vaccinated, especially during this time of the year”, said Brian Pavur, pharmacy director at Stop & Shop. “In addition, we are delighted to partner with Unilever and help with our hunger relief efforts during flu season.”

The cost for the standard flu shot is $35 ($25 in New Jersey) and most major insurance plans along with Medicare are accepted. Other flu vaccinations are available upon request, including the quad and high dose vaccines. Customers with a Stop & Shop prescription savings card will receive $10 off of the regular price of a flu shot (excluding New Jersey). Stop & Shop pharmacists are also available to provide on-site flu clinics at workplaces and businesses throughout the community. For more information or to schedule an on-site flu clinic for your office, please call Julienne Tran at 877-439-1313.

In addition to helping yourself by getting your annual flu shot, this year, it will also help a neighbor in need. For each flu shot Stop & Shop pharmacies administer this year, Unilever will donate three meals to Feeding America. $1 helps provide nine meals secured by Feeding America® on behalf of local member food banks. Between 8/29/2014 and 12/31/2014, $0.333 will be donated for every flu shot purchased up to $60,000. Unilever guarantees a minimum donation of $125,000 up to a maximum donation of $160,000 to Feeding America®. Meal claims calculation valid as of 8/29/2014 through 12/31/2014. For more information, visit www.feedourfamilies.org.

For more information or to find the Stop & Shop pharmacy nearest you, please visit www.stopandshop.com. If you are interested in signing up for a Stop & Shop prescription savings card, ask a pharmacist on your next visit (excluding New Jersey).

About Stop & Shop
The Stop & Shop Supermarket Company LLC employs approximately 59,000 associates and operates 395 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. The company helps support local communities fight hunger, combat childhood cancer and promote general health and wellness – with emphasis on children’s educational and support programs. In its commitment to be a sustainable company, Stop & Shop is a member of the U.S. Green Building Council and EPA’s Smart Way program and has been recognized by the EPA for the superior energy management of its stores. Stop & Shop is an Ahold company. To learn more about Stop & Shop, visit www.stopandshop.com or www.facebook.com/stopandshop.

Contacts:
Arlene Putterman
Stop & Shop NY Metro Division
(914) 251-2834
arlene.putterman@stopandshop.com

Jenny Krupski
Stop & Shop New England Division
(617) 520-7043
jkrupski@webershandwick.com

QVC announces the departure of Claire Watts as Chief Executive Officer of QVC’s U.S. operations

WEST CHESTER, Pa., 2014-9-4 — /EPR Retail News/ — QVC, the global leader in video and ecommerce retail, today announced that Claire Watts has resigned from her role as Chief Executive Officer of QVC’s U.S. operations, effective Friday, September 5, to pursue other opportunities.

“Claire has played an instrumental role in QVC’s evolution to a leading multichannel retailer since joining the company in 2008,” said Mike George, President and Chief Executive Officer of QVC, Inc.  “Under her leadership, we’ve deepened our customer relationships and significantly expanded our ecommerce, mobile, and social platforms. I want to thank Claire for her many contributions to QVC, including helping to build an experienced, dedicated U.S. leadership team and a stronger, more agile U.S. business. Everyone at QVC wishes her the best in her future endeavors.”

“While the decision to move on from QVC was not an easy one, I am proud of what the U.S. team has accomplished over the past six years,” said Watts.  “As I look forward to taking on new challenges, I know QVC has a strong and seasoned team in place to build upon the momentum that we have achieved in the U.S. business.”

With Ms. Watts’ departure, the senior U.S. leadership team, including Doug Howe, EVP Merchandising & Planning, Mary Campbell, EVP Commerce Platforms, and Rob Muller, SVP U.S. Strategic Planning & Analytics, will report to Mike George on an interim basis as QVC seeks to optimize its long-term management structure.

About QVC
QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation (NASDAQ: LINTA, LINTB), is the world’s leading video and ecommerce retailer. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, and jewelry and home products. Its programming is distributed to approximately 300 million homes worldwide through operations in the U.S., Japan, Germany, United Kingdom, Italy and a joint venture in China. West Chester, Pa.-based QVC has shipped more than a billion packages in its 27-year history and the company’s website, QVC.com, is ranked among the top general merchant Internet sites. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc.

Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements about QVC’s interim and long-term management structure. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, general market conditions. These forward looking statements speak only as of the date of this press release, and QVC expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in QVC’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of QVC, including the most recent Form 10-K for additional information about QVC and about the risks and uncertainties related to QVC’s business which may affect the statements made in this press release.

###

Mobile by Sainsbury’s offers new and existing customers free £15 pay as you go bundle from 2nd – 30th September 2014

LONDON, 2014-9-4 — /EPR Retail News/ — From 2nd – 30th September 2014, Mobile by Sainsbury’s is offering new and existing customers a free £15 pay as you go bundle. To take advantage of the offer all customers have to do is order a free SIM* online and link their Nectar card to their Mobile by Sainsbury’s number. No top up is required.

This Mobile by Sainsbury’s offer also gives customers Double Nectar points for 30 days on shopping and fuel every time they shop at a Sainsbury’s store or online at Sainsburys.co.uk. The £15 bundle includes:

  • 800 minutes
  • Unlimited texts
  • 2GB of data
  • Double Nectar points on shopping and fuel

New customers can join Mobile by Sainsbury’s by ordering a free SIM card at: http://www.phoneshopbysainsburys.co.uk/nectar-bundle  Customers then need to link their new mobile number to a valid Nectar card within 30 days of activating the SIM in order to receive the free £15 bundle.

The £15 bundle will be added within 7 days of the customer linking their Nectar card to their Mobile by Sainsbury’s number and customers will receive a confirmation text once this has been done.

Nectar cards can be ordered from here:https://www.nectar.com/register/consumer/enrol.htm

*This promotion applies to SIMs ordered online at https://www.phoneshopbysainsburys.co.uk/free-sim between 2nd – 30th September

###

Mobile by Sainsbury’s offers new and existing customers free £15 pay as you go bundle from 2nd – 30th September 2014

Mobile by Sainsbury’s offers new and existing customers free £15 pay as you go bundle from 2nd – 30th September 2014

David Beckham and Jonnie Peacock to inspire young athletes heading to the Sainsbury’s 2014 School Games

David Beckham and Jonnie Peacock were reunited today over a decade after their first meeting, this time to inspire young athletes heading to the Sainsbury’s 2014 School Games.The sporting icons shared invaluable advice and support to prepare the athletes for the event, which takes place at various sporting venues across Manchester, this weekend.

LONDON, 2014-9-4 — /EPR Retail News/ — David and Jonnie first met in 2000, when Jonnie was only seven. Jonnie credits this meeting as a pivotal moment that motivated him on his path to School Games glory followed by the ultimate prize, winning gold at London 2012.

As part of Sainsbury’s ‘Show your Support’ campaign, Beckham and Peacock spoke of their experiences and gave advice on achieving their goals, managing pressure and success, and the importance of resilience. The pair held a special motivational session with a group of rising sports stars against the backdrop of the iconic London 2012 Olympic and Paralympic Cauldron at the Museum of London.

The young athletes, some of the nation’s future Olympic and Paralympic hopefuls, head to the Sainsbury’s 2014 School Games in Manchester this Thursday to Sunday (4–7 September), along with 1,600 other budding stars aged 11-17.

The Sainsbury’s School Games has provided thousands of school-aged athletes with a true taste of high level competition. The multi-sport Sainsbury’s 2014 School Games sees the nation’s elite young sports people compete in twelve current Olympic and Paralympic sports, including a full athletics programme, swimming, badminton and wheelchair basketball.

 

Jonnie Peacock, Paralympic gold medalist and World Champion explains: “Meeting the young athletes about to take part in the Sainsbury’s School Games brought back heaps of memories for me as I remember exactly what it’s like to be in their shoes. Obviously it was fantastic to meet David again too, and incredible to think how much has happened since we last met. I hope the support and encouragement we have given the young athletes today will be equally as memorable and motivating to them as my meeting with David was to me all those years ago.”

Sainsbury’s Active Kids ambassador, David Beckham, added: “The group of young athletes we met today are at such an exciting time in their sporting careers. It was brilliant to see the enthusiasm and motivation for sport that Jonnie and I both recognised in ourselves at that age. As well as giving them advice from the pressures of competition to bouncing back from setbacks, the kids had a few words of wisdom for us too! I’d like to wish all the athletes heading to Manchester for the Sainsbury’s 2014 School Games best of luck in their competition.”

Sainsbury’s is a proud partner of the School Games which has enabled millions of children to participate in competitive sport across the country. More information on the Sainsbury’s School Games can be found at www.2014schoolgames.com.

The Sainsbury’s School Games is supported by National Lottery funding from Sport England and is delivered by Youth Sport Trust. Other partners include the Department for Culture, Media and Sport, Department of Health and British Paralympic Association.

###

David Beckham and Jonnie Peacock to inspire young athletes heading to the Sainsbury’s 2014 School Games

David Beckham and Jonnie Peacock to inspire young athletes heading to the Sainsbury’s 2014 School Games

Neiman Marcus Group to open flagship Neiman Marcus store on Manhattan’s flourishing west side at Hudson Yard

  • Luxury Retailer’s Multi-level Location Will be First New York City Store
  • Neiman Marcus Group Also Undertakes a Comprehensive Modernization of Bergdorf Goodman

Dallas, TX, 2014-9-4 — /EPR Retail News/ — Neiman Marcus Group announced today plans to open a flagship Neiman Marcus store on Manhattan’s flourishing west side at Hudson Yards. The 250,000 square foot, multi-level store is scheduled to open in 2018 and marks the first for the brand in New York City. The landmark announcement is a signature element of the company’s entrance and expansion into New York, which includes a multi-million dollar comprehensive modernization of Bergdorf Goodman, a Neiman Marcus store on Long Island and a Last Call Studio Store in Brooklyn.

The three-level Neiman Marcus will anchor the one million square foot Shops at Hudson Yards. Integrated into the heart of the neighborhood, customers will have multiple access points throughout the complex including from the east, west, north and south and a dedicated entrance on 10th Avenue. The store will offer customers Neiman Marcus’ signature mix of luxury and fashion brands. The store will offer sweeping views over the vast public plaza and monumental meeting place being designed by Thomas Heatherwick and Thomas Woltz, the unique Culture Shed, the planned home of New York Fashion Week and the widely-acclaimed High Line.

“Neiman Marcus Group is delighted to announce that Manhattan will have its first Neiman Marcus! Hudson Yards presents the ideal location for a Neiman Marcus store. The project is a bold and innovative retail idea and one that complements how we view our Neiman Marcus Brand,” said Karen Katz, president and chief executive officer of Neiman Marcus Group. “Neiman Marcus Group is well-known to New York and New Yorkers through our landmark Bergdorf Goodman store – a beloved and revered New York institution at the corner of 5th and 58th, and we are excited to establish a flagship NM store in one of the world’s premier shopping destinations. We look forward to serving New Yorkers and visitors to New York with legendary Neiman Marcus style.”

The 28-acre Hudson Yards, developed by Related Companies and Oxford Properties Group, will include more than 17 million square feet of commercial and residential space, as well as 14 acres of public open space, a 750-seat public school and a 175-room luxury hotel.

Kenneth A. Himmel, President of Related Urban, the mixed-use division of Related Companies, said, “For over a century, Neiman Marcus has been a visionary brand, focused on serving the unique needs of their customers with distinctive merchandise and superior service. Hudson Yards represents the best of New York’s culture, commerce and community and we are thrilled that Neiman Marcus will anchor Hudson Yards with their New York flagship location and offer a new and exciting benchmark for shopping on the thriving west side. The commitment of such an iconic retailer further solidifies that the epicenter of the city has shifted and Hudson Yards is the new heart of New York.”

Neiman Marcus Group has initiated a five-year plan to modernize Bergdorf Goodman offering its customers a further enhanced shopping experience. Called “BG 20/20,” the redesign includes the addition of space dedicated to designer and luxury women’s sportswear as well as the creation of “labs” to showcase new and emerging designers. The renovation project is scheduled to be completed for a 2020 opening.

As part of its expansion plan into the New York region, the company will open a Neiman Marcus full line store in Long Island in February 2016. The store will be located in the Roosevelt Field Mall in Garden City, NY. Additionally, the company announced its plan to open its first Last Call Studio in New York later this year. The retailer’s off-price store will feature exclusively edited, in-season, apparel and accessories purchased directly from designers and will be located in the Brooklyn Municipal Building.

Owned by Neiman Marcus Group LTD LLC, Neiman Marcus is a specialty retailer that offers customers the finest of luxury merchandise through its brick-and-mortar stores, website and catalogs. The company’s current New York store presence includes two Bergdorf Goodman stores located at Fifth Avenue and 58th Street.

About Neiman Marcus Group:
Neiman Marcus Group LTD LLC operations include the Specialty Retail Stores segment and the Online segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus, Bergdorf Goodman and Last Call stores. The Online segment conducts direct to consumer operations under the Neiman Marcus, Horchow, CUSP, Last Call and Bergdorf Goodman brand names. For more information, visit www.neimanmarcusgroup.com.

About Related Companies:
Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Abu Dhabi, São Paolo and Shanghai and boasts a team of approximately 2,500 professionals. The Company’s existing portfolio of real estate assets, valued at over $20 billion, is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s west side. For more information about Related Companies please visit www.related.com.

# # #

CONTACT:
Kathleen Anne Corless Megan Matthews
HL Group HL Group
212-529-5533 ext. 27600 212-529-5533 ext. 24900
kacorless@hlgrp.com mmatthews@hlgrp.com

H&M participates in World Water Week in Stockholm

Stockholm, Sweden, 2014-9-4 — /EPR Retail News/ — World Water Week is one of the world´s most influential water conventions. This week it’s taking place in Stockholm. Energy and Water is this year’s theme and the leading minds in water will discuss how to develop and manage energy and water for the good of society and ecosystems. H&M will be involved in seminars and panel discussions.

Over the next 30 years, food and energy demands are expected to increase dramatically. We will however, depend on the same finite and vulnerable water resources for sustaining life, economic growth and our environment as we do today.

During World Water Week, H&M will take part of panel discussions during the seminar Eye on Asia: Water for Everyone – Critical Upstream-Downstream Challenges for South & South-East Asia. We will also arrange a live-chat in cooperation with Guardian Sustainable Business, titled “How can the fashion industry act for a sustainable water future?”. Panelists from WWF, Sustainable Fashion Academy, MADE-BY and CDP Water Program will together with H&M discuss relevant points.
Follow the chat on H&M’s platform at Guardian Sustainable Business (live at 2pm – 3.30pm CET, Sept 2nd)

H&M has set our sight on becoming the fashion industry’s leading water steward. Our global water strategy, developed side-by-side with conservation organisation WWF, marks an evolution in the corporate approach to water according to WWF, as it takes the whole supply chain into account and goes far beyond the factory lines. H&M do this to protect the environment, minimize risks in our operations and to secure the availability of water. To get an overview of what H&M means with water stewardship – check out this film

Responsible water use is a deal-breaker for H&M – about two thirds of the factories that make clothes for us using wet processes are already located in extreme water scarce areas. If we want to have a successful business in the future, we need to change practices in our value chain today. This is, of course, a reality for many industries. During World Water Week, we hope to inspire others to take a similar approach, and be part of the solution.

To learn more about our efforts within water go to: hm.com/water
For information about World Water Week at: siwi.org

GLOBAL MEDIA INQUIRIES

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

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

###

H&M participates in World Water Week in Stockholm

H&M participates in World Water Week in Stockholm

H&M and Swedfund to contribute to the development of responsible Ethiopian textile industry

Stockholm, Sweden, 2014-9-4 — /EPR Retail News/ — H&M and Swedfund have come together in a unique cooperation in Ethiopia. The aim is to contribute to the development of a responsible Ethiopian textile industry characterized by both high social and environmental standards. The partnership will start this autumn.

The first steps of this collaboration were taken after talks between Swedfund and H&M. The plans were further developed during a joint trip to Ethiopia in May this year when they were examining factories together.

– We see the cooperation as an opportunity to get involved in Ethiopia’s growing textile industry at an early stage and to contribute to more jobs. We have for many years worked in existing manufacturing countries to improve working conditions and the environment. This experience is included with the establishment of cooperation with Ethiopian suppliers, says Karl-Johan Persson, CEO at H&M.

Building a strong domestic industry is crucial for job creation in Ethiopia. Investing in production ensures that added value from the textile industry will to a larger extent remain in the country. In this cooperation H&M will contribute with expertise and knowledge of the textile market as well as purchase of products from suppliers that Swedfund will invest in. Swedfund will provide local market expertise and expansion investments in suppliers to H&M. The cooperation will also involve both parties setting standards for sustainable production and following up indicators such as water use and wages.

– Through this unique partnership with H&M, our goal is to contribute to developing the textile industry in Ethiopia, thus creating jobs with good working conditions that lift people out of poverty, especially women, says Anna Ryott, CEO at Swedfund.

Through Swedfund’s role as investor, H&M:s purchase of products and each parties respective knowledge and expertise, a strong and viable textile industry can be developed that will be able to operate and thrive with financial strength and on a sustainable basis.

About Swedfund
Swedfund, owned by the Swedish state, provides risk capital, expertise and financial support for investments in the emerging markets of Africa, Asia, Latin America and Eastern Europe. Our mission is poverty reduction through sustainable business, contributing to economic and environmental development as well as a positive impact to society. Since 1979 Swedfund has been engaged as an active, responsible and long-term investor in more than 230 companies in our countries of operation.

www.swedfund.se

GLOBAL MEDIA INQUIRIES

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

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

###

Picture credit: Swedfund

Picture credit: Swedfund

Albertsons kicks-off 28-day in-store fundraising campaign in support of Cystic Fibrosis Foundation of Southern California

Boise, ID, 2014-9-4 — /EPR Retail News/ — “We’re fighting for a cure” – that’s the chant motivating Albertsons associates to give it their all as they  kick-off a 28-day in-store fundraising campaign in support of the Cystic Fibrosis Foundation of Southern California.

From September 3 through 30, Albertsons 181 Southern California Division stores will offer customers the opportunity to contribute to the Cystic Fibrosis Foundation by selecting a $1 or $5 mobile as they check-out with their groceries.  The mobiles feature a photo of 16-year old Orange County resident, Shelby Klug, a cystic fibrosis survivor and CF Ambassador.

Cystic fibrosis is an inherited disease that affects the lungs and digestive system of about 30,000 children and adults in the United States (70,000 worldwide).  A defective gene and its protein product cause the body to produce unusually thick, sticky mucus that clogs the lungs and leads to life-threatening lung infections, and obstructs the pancreas and stops natural enzymes from helping the body break down and absorb food. The average lifespan of someone with cystic fibrosis is 41 years.

“We are so grateful to have this partnership with Albertsons,” emphasized Cystic Fibrosis Foundation of Southern California Executive Director James Goodson. “With their help in our fight to cure cystic fibrosis, we will one day be able to say CF stands for Cure Found.”

While the in-store campaign finishes at the end of September, the real fun will happen on December 13 at the Angel Stadium  ‘Hike the Halo’ CF climb in Anaheim, CA. Albertsons associates and hundreds of other CF supporters will converge on the field to participate in an exhilarating, timed stair-climbing activity throughout the stadium.  Whether running the basic ‘Halo Course’ or the ‘Challenging Course’ that includes obstacles and other complex elements, participants of all ages are guaranteed to have a great time. The half-day event will also include a Vendor Village offering cool giveaways, on-the-field games and a photo opportunity with Santa Claus. For fundraising and registration information, go to: http://sca.cff.org/climb.

About Cystic Fibrosis Foundation
The Cystic Fibrosis Foundation is the world’s leader in the search for a cure for cystic fibrosis.  The Foundation, a nonprofit donor-supported organization dedicated to attacking cystic fibrosis from every angle, funds more CF research than any other organization, and nearly every CF drug available today was made possible because of Foundation support.  The focus is to support the development of new drugs to fight the disease, improve the quality of life for those with CF, and ultimately to find a cure. The Foundation’s drug development success has been recognized by Harvard Business School and by publications such as Forbes, Discover magazine, and The Wall Street Journal.  The Cystic Fibrosis Foundation is one of the most efficient organizations of its kind and is an accredited charity of the Better Business Bureau’s Wise Giving Alliance.

REWE Group completes first German Private Placement of EUR 175 million as promissory note loan

CologneGermany, 2014-9-4 — /EPR Retail News/ — REWE Group has successfully concluded the first German Private Placement of 175 million euros in the form of a promissory note loan. Through the fixed interest transaction with a term of 10 years, REWE Group strengthens its financial foundations for implementing its strategy and secures historically low interest rates with a fixed coupon.

The issuance of the promissory note loan was developed as a club deal in cooperation with Allianz and placed in Germany with a selected group of investors comprising insurance companies and pension funds. This innovative financing was supported by HSBC bank.

“This transaction is an important step in our financing strategy”, said Dr. Christian Mielsch, CFO of REWE Group. “We were able to broaden our investor base and have increased our long-term financing capacity. Of course, we are also proud to be pioneers when it comes to financing, as REWE Group was the first to conclude a German Private Placement.”

Dr. Klaus Wirbel, CFO at REWE Group, is more than satisfied with the result. “As with the reissuing of the syndicated loan last year, we have used the favourable market environment for this German Private Placement and were able to achieve attractive conditions for the next 10 years.”

The cooperative REWE Group is one of the leading trade and tourism groups in Germany and Europe. In 2013, the company generated a total external turnover of around 51 billion euros. REWE Group, founded in 1927, operates 15,000 stores with 330,000 employees in 12 European countries. In 2013, around 226,000 employees generated sales totalling 36 billion euros in about 10,000 stores in Germany.

Our sales lines include supermarkets and consumer stores under the REWE, REWE CENTER, REWE CITY and BILLA brands, the PENNY discounter brand, toom Baumarkt DIY stores and B1 Discount DIY stores. Under the umbrella of DER Touristik, travel and tourism includes the tour operators ITS, Jan Reisen and Tjaereborg, as well as Dertour, Meier’s Weltreisen and ADAC Reisen, and the business travel division FCm Travel Solutions with over 2,100 travel agencies (including DER Reisebüro, DERPART), and the hotel chains lti hotels, Club Calimera and PrimaSol Hotels, and the direct tour operator clevertours.com.

Press inquiries:
REWE Group Corporate Communications:
Tel: +49 221-149-1050, Email: presse@rewe-group.com

Contact

REWE GROUP-Corporate Communications
Tel.: 0221 – 149-1050
E-Mail: presse(at)rewe-group.com
Contact