H&M CEO Karl-Johan Persson receives the Pontus Schultz prize for more humane economy

Stockholm, Sweden, 2014-9-23— /EPR Retail News/ — Karl-Johan Persson, CEO at H&M, is this year’s recipient of the Pontus Schultz prize for a more humane economy. The prize is awarded annually to individuals in the business community who contribute significantly to an increased diversity, equality and sustainability. The award was presented by Crown Princess Victoria.

The foundation characterizes this year’s award recipient as “a trend setter in the true sense of the word”. It recognizes H&M’s successful efforts to increase minimum wages and improve working conditions, by actively influencing the authorities in the production countries. H&M’s sustainability goals, which have resulted in a wide range of new initiatives; from garment collecting to a strategy for a fair living wage in the production countries, are also highlighted.

Sara Öhrvall, chairman of the Pontus Schultz Foundation, says:

– We want to reward Karl-Johan Persson for his work and initiatives within the sustainability field as well as the controversial issue regarding working conditions in the textile industry. With a proactive business development that goes hand in hand with a minimizing of the company’s environmental impact, he proves that business can be a catalyst to meet difficult and global challenges.

Karl-Johan Persson is the second recipient of this award. Previous year, Antonia Ax:son Johnson was awarded this price.

Learn more about Pontus Schultz Foundation for a more humane economy.

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.

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H&M CEO Karl-Johan Persson receives the Pontus Schultz prize for more humane economy

H&M CEO Karl-Johan Persson receives the Pontus Schultz prize for more humane economy

H&M Conscious Foundation donates $100,000 to support Save the Children in helping flood victims in South Asia

Stockholm, Sweden, 2014-9-23— /EPR Retail News/ — H&M Conscious Foundation has donated 100,000 USD to support the organization Save the Children in their work to help the victims of the devastating flooding in South Asia.

The funding will be directed towards emergency relief kits, solar lamps, hygiene kits etc. Food packages and safe drinking water will also be provided in the affected areas. Cash-for-work programs and unconditional cash grants will be set up to help families in need.  Child friendly places for education and psychosocial care will also be a part of the support.

Since the beginning of September more than 14.5 million people have been affected by this disaster, out of which 5.6 million are children. Massive damage has been caused to homes and local infrastructure in the Himalayan region and Bangladesh due to raging monsoon floods. More than 460 people have lost their lives and one million are displaced. There is an urgent need for humanitarian assistance to people that have lost their families and homes in these areas, why the support of the H&M Conscious Foundation is very much needed.

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.

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H&M Conscious Foundation donates $100,000 to support Save the Children in helping flood victims in South Asia

H&M Conscious Foundation donates $100,000 to support Save the Children in helping flood victims in South Asia

IKEA Group announces expansion of residential solar offer during UN Climate Summit and Climate Week in New York

IKEA Group announces expansion of residential solar offer during UN Climate Summit and Climate Week in New York. It also unveils a new commitment for all plastic material used in its home furnishing products to be 100% renewable and/or recycled by 2020.

CONSHOHOCKEN, PA, 2014-9-23— /EPR Retail News/ — IKEA Group announced today that before the end of this year, it will expand its residential solar offer from the UK to the Netherlands and Switzerland, making solar energy affordable to many more homeowners. Over the coming 18 months the offer will roll out to a further six countries.

As well as helping its customers to access renewable energy, the company is also making strong progress on the €1.5 billion it has committed to invest in wind and solar power for its own operations. So far it has installed 700,000 solar panels on its stores and buildings and has committed to own and operate 224 wind turbines as part of its goal to match 100% of its energy use with renewable energy generation by 2020.

The company also highlighted a commitment for all plastic material used in its home furnishing products to be 100% renewable and/or recycled by 2020 . Together the announcements mark a significant step forward in the company’s People & Planet Positive sustainability strategy.

The announcements were made in New York by Peter Agnefjäll, the IKEA Group President and CEO, on the eve of the UN Climate Summit which he is attending to call for ambitious measure to tackle climate change.

“We know that our customers want to save energy and live more sustainably at home, but we believe they shouldn’t spend more money or time to do so. That is why we are determined to make sustainability both affordable and attractive to as many people as possible. I am delighted that we can now commit to bringing affordable home solar to a further eight countries, starting with the Netherlands and Switzerland,” said Peter Agnefjäll.

The solar systems will be available in the first store in the Netherlands on 28th October and the first Swiss store in mid December, through a partnership with Hanergy. The offer will include full installation and warranties in an affordable package, enabling customers to significantly reduce their household energy bills. The systems are on sale now in all 18 UK stores at prices that have enabled more people to invest in solar when it was previously out of their reach.

The new plastics commitment is part of a comprehensive plan to transform the sustainability of the materials IKEA uses. The commitment means that by 2020, the plastic in every IKEA product – from a washing up brush to a garden chair – will be made from waste material or from renewable material such as wood waste. This change could cut CO2 emissions by an estimated 700,000 tonnes each year, equivalent to the annual emissions from electricity use in 100,000 US homes.

“The scale of the climate challenge requires bold commitments and bold action. That is why we are committing to go 100% renewable or recycled material for the plastic we use in our home furnishing products, building on our 100% goal for renewable energy, and our goal for 100% of our cotton and wood to come from more sustainable sources”, said Mr Agnefjäll.

For more information, please contact:
Jamie Rusby, Jamie.rusby@ikea.com, +46 723 527 369

About IKEA Group
Our vision is to create a better everyday life for the many people and we offer well designed, functional and affordable, high quality home furnishing, produced with care for people and the environment. The IKEA Group has 315 stores in 27 countries. In addition there are more than 40 stores run by franchisees outside the IKEA Group. The IKEA Group had 716 million visitors during FY14 and 1.5 billion people visited IKEA.com. www.ikea.com

IKEA recalls RUND handmade glass mug
IKEA kindly asks customers who have a RUND glass mug to immediately stop using the mug and bring it back to any IKEA store for full refund.

ICSC Halloween Consumer Spending Survey: Average household plans to spend $125 this year on Halloween-related items

NEW YORK, 2014-9-23— /EPR Retail News/ — Halloween is anticipated to continue to drive consumers to spend, with nearly three-quarters (74%) of U.S. households planning to spend money on Halloween-related items, according to the International Council of Shopping Centers (ICSC) Halloween Consumer Spending Survey. The total for Halloween-related spending is expected to be approximately $11.3 billion in 2014.

Excluding households that don’t plan to spend anything on Halloween, the average household plans to spend $125 this year on candy, costumes, decorations or other Halloween-related items. Eight out of ten households plan to spend the same or more on Halloween compared to last year, with one out of five households planning to increase spending.

“Halloween has continued to grow in importance over the past several years and consumer demand has driven retailers to place greater emphasis on the holiday,” said Jesse Tron, spokesperson for ICSC. “The fact that consumers are willing to spend more on discretionary purchases is a positive sign for the upcoming holiday shopping season.”

Similar to ICSC’s back-to-school shopping survey, the Halloween survey indicates that sales and promotions will be the biggest factor in the decision to shop at a particular location for Halloween-related items. When asked what influences them the most when choosing a store for Halloween, 64% of consumers said sales or the lowest price, 31% said the ability to physically see, touch or try on the merchandise and 29% said convenience/one-stop shopping/good parking.

The focus on price, along with an interest in one-stop shopping, could account for discount stores claiming the top spot this Halloween: 34% of spending will take place at discount stores; behind discounters, supermarkets are expected to grab 18% of purchases; followed by clothing and costume stores (13%); drug store chains (11%); and wholesale clubs (9%).

Overall, according to the survey, more than 90% of households will select brick-and-mortar retail stores as the preferred venue for Halloween shopping, and online is expected to see a 7% share of purchases.

Researching and planning ahead online before buying in-store continues to be an integral part of the shopping experience this fall, with 41% of households planning to participate in ‘webrooming’ – researching online before purchasing Halloween-related items in physical stores.

In addition to being a significant shopping destination for Halloween-related items, shopping centers and malls continue to evolve into community hubs. Out of the parents planning to take their children trick-or-treating this year, 17% will participate in a Halloween event sponsored by a mall or shopping center in 2014, in addition to more traditional neighborhood trick-or-treating and school events. The top costume for boys this year will be a superhero and the top costume for girls in 2014 will be a princess.

Methodology:
The ICSC Halloween Consumer Spending Survey was conducted online by Opinion Research Corporation on behalf of ICSC between September 4-7, 2014. The survey represents a demographically representative U.S. sample of 1,000 adults 18 years of age and older.

About ICSC:
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

 

ICSC Halloween Consumer Spending Survey: Average household plans to spend $125 this year on Halloween-related items

ICSC Halloween Consumer Spending Survey: Average household plans to spend $125 this year on Halloween-related items

Toys“R”Us® to hire 45,000 seasonal employees in preparation for the busy holiday shopping months ahead

Company Seeks Motivated, Customer Service-Focused Employees to Join Its Team of #ToyExperts in Bringing Joy to Shoppers Across the Country; Seasonal Positions Can Lead to Year-Round Employment as 20% of the Toys“R”Us 2013 Holiday Workforce Retained Jobs Following Christmas

 

WAYNE, NJ, 2014-9-23— /EPR Retail News/ — Toys“R”Us® today announced plans to hire 45,000 seasonal employees at its stores and distribution centers nationwide, more than doubling the company’s workforce as it prepares for the busy holiday shopping months ahead. Seasonal staff plays a vital role in delivering upon the company’s mission to bring joy into the lives of its customers across the country as traffic in Toys“R”Us stores and online surges in the weeks leading up to Christmas. These seasonal positions, which include sales associates, stock crew and omnichannel fulfillment teams, as well as distribution center workers and department managers, can also serve as a path to non-seasonal employment.

“As THE toy authority, moms, dads and gift-givers are counting on us to provide them with expert toy advice as they search for the perfect present, all while offering exceptional service and a memorable shopping experience,” said Mark Eberly, Vice President, Human Resources, Toys“R”Us, U.S. “We’re looking for dedicated, customer-centric employees who will strive to help shoppers deliver a great Christmas for the little ones in their lives whenever, wherever and however they choose to shop with us this holiday season. Ensuring we are fully staffed with knowledgeable employees is integral as we look to assist customers in crossing off items on their children’s wish lists.”

Interviewing for holiday positions at Toys“R”Us stores begins at the end of September and new hires start working in early October. Staffing continues to build throughout the holiday season right up to Christmas. Seasonal store employees typically work 16 to 20 hours per week with flexible schedules offered during the week, weeknights or weekends. Employment opportunities are also available at the company’s distribution centers nationwide, which began hiring in July and will continue through November.

Interested job seekers can visit the company’s dedicated Holiday Hiring website(www.toysrusinc.com/careers/holiday) to apply and learn more about working at Toys“R”Us during the holiday season. The site is easily accessible via computers, tablets and smartphones.

Training #ToyExperts for This Holiday Season – And Those to Come

As a specialty retailer, part of what differentiates Toys“R”Us is its knowledgeable, toy-trained staff. Holiday hires receive the same specialized training as non-seasonal employees, as well as continuous, on-the-job training, ensuring they learn about the hottest products of the season, store services and more, so they can provide expert advice to shoppers searching for the perfect gift.

With substantial growth opportunities available, seasonal positions continue to offer motivated, high-performing associates the opportunity for year-round employment. Last year, 20 percent of the company’s holiday workforce – more than 9,000 employees – retained a regular position with the company after the holiday season ended. Some of those who began their careers as seasonal hires have also gone on to full-time management positions.

Interested applicants can keep up with the latest hiring news by visiting the company’s Careers pages at Ruscareers.com, Facebook.com/Ruscareers, @ToysrusCareers on Twitter, YouTube.com/Ruscareers and LinkedIn. In addition, from bike aficionados to gaming gurus, Toys“R”Us will showcase its team of #ToyExperts from stores across the country on these channels and the official Toys“R”Us Twitter account, @Toysrus, throughout the holiday season.

To download broadcast quality b-roll footage of Toys“R”Us employees in stores, conducting daily duties, as well as holiday hiring signage, please click here. For high-resolution photos, please click here.

For company news and updates throughout the season, please visit “R” Holiday Press Room.

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 877 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 710 international stores and over 195 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.com, Babiesrus.com, eToys.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/Toysrus, Facebook.com/Babiesrus and Facebook.com/FAO and on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus.

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Media Contacts:
Toys“R”Us, Inc.
Alyssa Peera
973-617-5634
alyssa.peera@toysrus.com

Linda Connors
973-617-4398
linda.connors@toysrus.com

Whole Foods Market opens its Clearwater store on Sept. 24; Donates $40,000 to local school garden grants

Store to donate $40,000 towards local school garden grants

AUSTIN, TX, 2014-9-23— /EPR Retail News/ — The grand opening festivities will kick-off at 8:45 a.m. with a Bread Breaking ceremony in front of the store.

The first 500 customers in line will receive a Whole Foods Market gift card with a mystery value between $5 and $50, with one customer receiving a gift card worth $500. The value of all gift cards will be revealed at checkout.

During the festivities, Whole Foods Market Clearwater will make a $40,000 check presentation to the community on behalf of Whole Kids Foundation. The funds will be distributed to local schools that apply for school garden grants. Additionally, the store will donate one percent of net day sales for five consecutive days to five local non-profits. The organizations are: YMCA of the Suncoast; Clearwater Garden Club; Pinellas Education Foundation; Random Acts of Flowers; and Dunedin Fine Art Center

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Russia’s largest food retailer “Magnit” opens 174th hypermarket of medium format

Krasnodar, 2014-9-23— /EPR Retail News/ — OJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of the 174th hypermarket of a medium format.

Please be informed that today the Company has opened its 174th hypermarket of a medium format located at 308 Kirova prospect, Samara, Volga federal region. Assortment of the hypermarket consists of about 19,400 SKUs, out of which about 65% are food items. There are 25 cash desks installed in the sales area. The outlet is owned by the Company. The hypermarket is open 7 days a week from 9 am to 11 pm.

For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562

Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562

Company description:
Magnit is Russia’s largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of June 30, 2014, Magnit operated 24 distribution centers and over 8,600 stores (7,614 convenience, 226 hypermarkets, and 778 drogeries) in approximately 2,000 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 million USD. Magnit’s local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor’s of BB. Measured by market capitalization, Magnit is one of the largest retailers in Europe.

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CBRE report: The balance between landlord-favorable market and tenant-favorable market approaches tipping point in several major U.S. cities

Healthy job growth and limited new construction in downtown areas is creating a supply-demand imbalance that puts landlords back in the driver’s seat, according to CBRE report

​Los Angeles, California, 2014-9-23— /EPR Retail News/ — The delicate balance between a landlord-favorable market and a tenant-favorable market is approaching a tipping point in several major U.S. cities, according to CBRE’s latest OccupierView report, which analyzes the nation’s office markets from the tenant perspective. Tightening conditions are challenging tenants in most downtown areas from both cost and availability perspectives, the report finds, though there is little change in the suburban office markets.

The U.S. vacancy rate gradually declined over the past three years and is at the mid-point between its pre-recession low and recessionary peak (14.5% in Q2 2014). Downtown markets in Denver, Houston, San Francisco, Manhattan, Atlanta, Boston and Seattle are landlord-favorable, while Dallas-Ft. Worth, Los Angeles, Philadelphia, Chicago and Washington, D.C., are still tenant-favorable, but approaching a tipping point.

“By virtually all metrics, the second quarter of 2014 was one of the most robust in years in the office market with more than 15 million sq. ft. of positive net absorption—the highest quarterly figure since 2007,” said Colin Yasukochi, director of research and analysis for CBRE. “Healthy job growth and historically low levels of new construction means that companies need more space to put these employees, but with limited new supply, we’re now seeing a supply-demand imbalance in many key markets. This is very positive for landlords, but challenging for tenants.”

“Tightening labor markets and rising rents are causing tenants to be more focused on location strategies,” said Whitley Collins, who leads CBRE’s Occupier Services Division in the Americas. “As we move toward owner-favorable markets in some downtown areas, tenants who have leases coming due in the next three to five years need to lock in long-term leases in downtown areas now, or consider relocation to a suburban office market where tenants continue to be in the driver’s seat.”

Leasing activity in almost every market is being led by the high-tech sector. High-tech companies accounted for 19.9 percent of all U.S. major leasing activity* in the first half of 2014. Financial services and business services were the second and third most active sectors, at 12.4 percent and 10.6 percent, respectively.

*Major leasing activity reflects the 25 largest leases completed in the top 57 U.S. office markets each quarter.

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:

Christy Ingle
T +1 949 7258591
email

Corey Mirman
T +1 212 9846542
email

Harris Teeter and Carolina Panthers center Ryan Kalil to debut Kalil’s personally designed Signature Sub Sandwich

Charlotte, N.C., 2014-9-23— /EPR Retail News/ — Kalil to Sign Autographs, Sample Signature Sub Sandwich, Introduce Fans to Must-Have Meal for Lunch

Date:    Tuesday, Sept. 30, 2014

Time:    1 p.m. – 2 p.m.

Where: Morrocroft Village Harris Teeter
6701 Morrison Boulevard
Charlotte, N.C. 28211

Interviews are available.  Live shots are welcomed!

Tuesday, Sept. 30, Carolina Panthers center Ryan Kalil will team up with Harris Teeter to debut Kalil’s personally designed Signature Sub Sandwich which is guaranteed to fill even the largest appetite.

Kerrigan’s sandwich “El Centro” is a must-try for Harris Teeter shoppers. For only $3.99, fans can satisfy their appetite with the “El Centro” which features BBQ pork, bacon, onion, avocado, and chipotle sauce on a kaiser roll. Shoppers can make it a lunch pack for only $4.99. The lunch pack includes the “El Centro” sandwich and your choice of one Chocolate Chunk, Macadamia Nut, Oatmeal Raisin or Cranberry Nut Cookie.

The “El Centro” will be available in the Fresh Foods Market Sandwich Shop in all Charlotte-area Harris Teeter stores. Tuesday only, however, Kalil will make an appearance at the Morrocroft Village Harris Teeter to personally introduce shoppers and fans to his Signature Sub Sandwich.  He will also be signing autographs.

Harris Teeter’s Fresh Foods Market offers made-to-order sandwiches and wraps daily and is proud to introduce the “El Centro,” Harris Teeter’s second Signature Sub Sandwich of the season.  Be on the look-out for additional Signature Sub Sandwiches this season.

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Harris Teeter and Carolina Panthers center Ryan Kalil to debut Kalil’s personally designed Signature Sub Sandwich

Harris Teeter and Carolina Panthers center Ryan Kalil to debut Kalil’s personally designed Signature Sub Sandwich

Tesco PLC: Alan Stewart joins the Board as Chief Financial Officer with effect from 23 September 2014

Notification pursuant to Listing Rule 9.6.11

Cheshunt, England, 2014-9-23— /EPR Retail News/ — Pursuant to Listing Rule 9.6.11, and further to Tesco PLC’s announcement on 28 July 2014, the Company announces that Alan Stewart will join the Board as Chief Financial Officer with effect from 23 September 2014, rather than the previously announced date of 1 December 2014.

Jonathan Lloyd

Company Secretary

Tesco PLC

For more information please contact the Tesco Press Office on
01992 644645

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

METRO GROUP returns to the ranks of the world’s sustainability leaders in retailing with its inclusion in Dow Jones Sustainability World Index

Düsseldorf, Germany, 2014-9-23— /EPR Retail News/ — METRO GROUP is returning to the ranks of the world’s sustainability leaders in retailing. From today, the Düsseldorf-based company with its sales lines METRO Cash & Carry, Media-Saturn, Real and Galeria Kaufhof will be relisted on the leading international sustainability index Dow Jones Sustainability World, the rating agency RobecoSAM has announced. With a significantly higher score of 71 points in this year’s rating (previous year: 60), the METRO AG share will also be added to the Dow Jones Sustainability Europe Index.

“Our inclusion in two of the internationally important sustainability indices demonstrates that we are on the right track with our sustainable business practices,” said Heiko Hutmacher, responsible for Sustainability in METRO AG’s Management Board. “I am particularly pleased that we cleared the hurdles for inclusion in the Dow Jones index for Europe. This motivates us and serves as affirmation of our environmental and social commitment.”

The Dow Jones Sustainability Indices include those companies that represent the best environmental, social and economic performers in their particular industry. The DJSI World consists of about 10 per cent of the 2,500 largest companies for each industry listed in the S&P Global Broad Market Index. The DJSI Europe is made up about 20 per cent of the 600 largest companies for each industry in Europe. The basis for inclusion in these indices is an analysis of companies’ sustainability strategies and programmes that is conducted by the independent agency RobecoSAM.

In 2012, the METRO GROUP share was temporarily removed from the DJSI World after 12 consecutive years of membership of the well-known index. “Over the past two years, we deliberately took the time we needed to review and transform all of our sustainability-related activities,” Hutmacher said. “This hard work and our re-energised efforts have now paid off. I would like to thank all colleagues involved in the work. We also understand that sustainable actions are not a one-off event. Rather, they involve a process that must be constantly enhanced, improved and modified. This is the declared goal of METRO GROUP.”

The analysts highlighted the retail company’s commitment to the environmental and social aspects of sustainability. A positive assessment was made about trends in such key environmental performance indicators as greenhouse gases, energy and water consumption, and volume of waste, among other things. METRO GROUP was listed as the best company in its industry in the area of labour practice indicators, the observation of human rights and human-capital development.

In developing its sustainability strategy, METRO GROUP has used the company assessment related to the Dow Jones indices as its guide for many years. Most recently, the company announced at its Annual General Meeting in February 2014 that the issue of sustainability would play a key role in Management Board compensation beginning in financial year 2013/14. Under the Sustainable Performance Plan (SPP), 25 per cent of the long-term incentive component of Management Board remuneration will be tied to the achievement of sustainability targets alongside key performance indicators based on the company’s share price. The amount of the long-term incentive related to the sustainability components is linked to the ranking that METRO AG achieves in the RobecoSAM sustainability ranking in comparison with competitors in its industry. Compensation for the senior management of METRO GROUP around the world has also been modified in this manner.

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

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