DFS Group and the House of Rémy Martin to celebrate the arrival of limited-edition Rémy Martin XO Touzac

HONG KONG, 2015-3-31 — /EPR Retail News/ — In a rare collaboration, DFS Group and the House of Rémy Martin have come together to celebrate the arrival of Rémy Martin XO Touzac. This is the first retail partnership of its kind in the Cognac House’s 291-year history. The limited-edition collectible cognac is available now at DFS airport stores in Abu Dhabi, Hong Kong, Vietnam, Honolulu, Los Angeles, Okinawa, New York, San Francisco and Singapore. It will be introduced and sold exclusively at other select DFS airport stores in Bali, Jakarta, Medan, Mumbai and Saipan later this year.

As a tribute to the savoir-faire of the House’s revered Cellar Masters throughout the generations, the iconic design of the Rémy Martin XO Touzac’s gilt bottle is inspired by the copper stills in its Touzac distillery and the distinctively colored stone of its aging cellars.

Composed of over 400 eaux-de-vie that have each been aged for at least nine years, the Rémy Martin XO Touzac is the latest object of desire created exclusively for DFS, adding to a growing collection of distinctive items and experiences selected for the discerning world traveler.

“We are excited to offer the world traveler an exclusive taste of the Rémy Martin XO Touzac. The launch of this prestigious spirit celebrates the strong partnership we enjoy with Rémy Martin, and is the result of many months of collaboration. This is what positions DFS as the home of some of the world’s most loved brands,” said Brooke Supernaw, DFS Group’s Senior Vice President of Global Merchandising for Spirits, Wine and Tobacco.

As one of DFS’s longstanding brand partners, Rémy Martin has been driven by a constant quest for excellence. Since 1724, it has drawn its identity from the heart of the Cognac region, selecting only the finest grapes from the most sought-after vineyards in the Grande Champagne and Petite Champagne growth areas in France to craft its Fine Champagne cognacs.

“From harvest to bottle, the Rémy Martin XO Touzac is the embodiment of our finest eaux-de-vie,” said Baptiste Loiseau, Cellar Master for the House of Rémy Martin. “We are delighted to partner with DFS to share this exquisite spirit with a global audience of collectors and connoisseurs around the world.”




– end –

About DFS Group
DFS Group is the world’s leading luxury travel retailer. Established in Hong Kong in 1960, DFS Group continues to be a pioneer in global luxury travel retail, offering its travelling customers a carefully curated selection of exceptional products from over 700 of the most desired brands through 420 locations on three continents. Its network consists of duty free stores located in 18 major global airports, 14 downtown T Galleria stores, as well as affiliate and resort locations. The Group is privately held and majority owned by the world’s largest luxury conglomerate Moët Hennessy Louis Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Miller. DFS Group employs over 9,000 people focused on creating inspiring retail experiences for its customers. In 2014, over 200 million travelers visited DFS stores. DFS is headquartered in Hong Kong and has offices in Hawaii, Los Angeles, Shanghai, Singapore and Tokyo.

DFS Group was recently awarded the Grand Prize winner in VMSD Magazine’s 2014 International Visual Competition and Best Luxury Travel Retailer T Galleria by DFS in 2015. Discover more at www.dfs.com

About Rémy Cointreau
The Rémy Cointreau Group is a leading operator in the global Wines &Spirits market with sales of €1,031.6 million for the year ended 31 March 2014 and approximately 1,800 employees. The Rémy Cointreau Group, whose origins in the Charente region date back to 1724, is the result of the merger in 1990 of the holding companies of the Hériard Dubreuil and Cointreau families, which controlled E. Rémy Martin & Cie SA and Cointreau & Cie SA respectively. Rémy Cointreau has a portfolio of global, upmarket brands, including the Rémy Martin and Louis XIII cognacs, the Cointreau and Passoa liqueurs as well as the Metaxa, Mount Gay, St-Rémy, Bruichladdich and The Botanist spirits. Rémy Cointreau is listed on NYSE Euronext Paris.


DFS Group and the House of Rémy Martin to celebrate the arrival of limited-edition Rémy Martin XO Touzac

DFS Group and the House of Rémy Martin to celebrate the arrival of limited-edition Rémy Martin XO Touzac

CBRE Group to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls for $1.475 billion

Los Angeles, 2015-3-31 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI).  GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world.  The purchase price is $1.475 billion, payable in cash, or $1.3 billion net of the present value of estimated tax benefits, and with customary post-closing adjustments for working capital and other items.

GWS will operate as part of CBRE’s Global Corporate Services (GCS) business, which has increased revenue at a double-digit compound annual growth rate over the last decade, as more major corporations and other institutions outsource their real estate services. When the transaction is completed, the full range of combined occupier services – notably including CBRE’s leasing expertise and GWS’s engineering expertise – will be available to the clients of both companies.

“The exceptionally talented GWS team will greatly enhance our service offering for occupiers around the world,” said Bob Sulentic, president and chief executive officer of CBRE.  “With GWS, we further our ability to create advantages for occupier clients by aligning every aspect of how they lease, own, use and operate real estate to enhance their competitive position.”

CBRE and Johnson Controls also announced a 10-year strategic relationship. CBRE will provide Johnson Controls with a full suite of integrated corporate real estate services (including facilities management, project management and transaction services) on more than 50 million sq. ft. and Johnson Controls will offer a factory-direct relationship on HVAC equipment, building automation systems and related services to CBRE for its managed properties.  In addition, the companies will jointly fund an innovation lab that will develop leading-edge energy management solutions to lower costs and enhance their clients’ work environments. The joint innovation lab will evaluate, connect and leverage products, services and energy data to create value for occupiers and investors of real estate.

“Clients are increasingly asking us for fully integrated real estate and facilities solutions, which includes self-performing building technical services across their global portfolios,” said Bill Concannon, chief executive officer, GCS for CBRE. “GWS will further improve our ability to serve clients in more than 50 countries with a market-leading capability in all services, industry sectors and property types. The GWS team is a great fit for our business. They bring leadership and expertise in many areas that are vital to our clients, including engineering excellence, global supply chain management, mission-critical facilities and energy management.”

GWS serves a blue-chip roster of global corporations, particularly in the industrial/manufacturing, life-sciences, and technology sectors. Clients typically purchase these services under five-year contracts, and the average tenure for GWS’s 50 largest clients is 12 years.

Upon closing, John Murphy, GWS’s president, will join CBRE as global chief operating officer, GCS. “This combination will create a global market leader in the provision of value-added occupier services that enable clients to derive maximum value from their workplaces.  Together, we will assure clients of high-quality, reliable, cost-efficient, comfortable and safe working environments no matter their core business mission,” said Mr. Murphy. “The fit between our two organizations – be it culture, values, a client-centered ethos, or our commitment to engaged and empowered employees – is outstanding. This fit will help accelerate our coming together to create new value for our clients and shareholders.  I am extremely excited about our future as part of the first-class team at CBRE. ”

Together, CBRE and GWS will manage nearly 5 billion sq. ft. of real estate and corporate facilities globally, including 2.3 billion sq. ft. in the Americas, 1.2 billion sq. ft. in Europe, the Middle East & Africa and 1.4 billion sq. ft. in Asia Pacific.

GWS, which has approximately 16,000 employees worldwide, generated approximately $3.4 billion of revenue for the 12 months ended December 31, 2014.

CBRE anticipates that GWS will be materially accretive to its adjusted earnings per share in 2016.  It expects to fund the acquisition through a combination of cash on hand and proceeds from the incurrence of debt.  The transaction is expected to close in the late third quarter or early fourth quarter of 2015 and is subject to customary regulatory approvals.  Simpson Thacher & Bartlett LLP acted as CBRE’s legal advisor.

CBRE will hold a conference call at 9 a.m. Eastern Time today (Tuesday, March 31, 2015) to discuss the transaction with the investment community.  A webcast will be accessible through the Investor Relations section of the company’s website at www.cbre.com/investorrelations.

The direct dial-in number for the conference call is 877-407-8037 for U.S. callers and 201-689-8037 for international callers.  A replay of the call will be available starting at 11 a.m. Eastern Time on March 31, 2015, and ending at midnight Eastern Time on April 7, 2015. The dial-in number for the replay is 877-660-6853 for U.S. callers and 201-612-7415 for international callers.  The access code for the replay is 13605214.  A transcript of the call will be available on the company’s Investor Relations website at www.cbre.com/investorrelations.

About Johnson Controls Global WorkPlace Solutions
Johnson Controls Global WorkPlace Solutions (GWS) is a leading provider of facilities, corporate real estate and energy management for many of the world’s largest companies.  The company creates business advantage for its customers through tailored solutions that optimize their real estate performance and employee productivity while reducing total occupancy costs. Its 16,000 employees have delivered over $3 billion in savings for its customers over the last 10 years and ensure the business continuity for the 1.2 billion square feet of real estate that the company manages in 55 countries.

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 2014 revenue).  The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 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.

“Safe Harbor” Statement Under the U.S. Private Securities Litigation Reform Act of 1995
Certain of the statements in this release regarding the acquisition of the Global Workplace Solutions (GWS) business of Johnson Controls, Inc. that do not concern purely historical data are forward-looking statements within the meaning of the ”safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including, but not limited to, the expected closing date of the acquisition, expected cost synergies and earnings accretion, expected tax benefits, expected financing sources for the transaction, and the ability of the parties to successfully integrate GWS with CBRE’s existing operations globally, as well as other risks and uncertainties discussed in CBRE’s filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release and, except to the extent required by applicable securities laws, CBRE expressly disclaims any obligation to update or revise any of them to reflect actual results, any changes in expectations or any change in events. If CBRE does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements and risks to CBRE’s business in general, please refer to CBRE’s SEC filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2014. Such filings are available publicly and may be obtained off CBRE’s website at www.cbre.com or upon request from the CBRE Investor Relations Department at investorrelations@cbre.com.

For Further Information

Steve Iaco
T +1 212 9846535

Robert Mcgrath
T +1 212 9848267

Indonesia: PT. Matahari Putra Prima Tbk opens Foodmart Supermarket at Suncity Mall Madiun

Lippo Village, Tangerang, 2015-3-31 — /EPR Retail News/ — PT. Matahari Putra Prima Tbk (MPPA), a leading modern multi-format retailer in Indonesia, operator of Hypermart, Foodmart and Boston Health & Beauty, launched the new Foodmart Supermarket at Suncity Mall Madiun, a luxury shopping center located in the heart of Madiun.

Foodmart Suncity Mall Madiun is the third Foodmart outlet in East Java with a gross area of +/- 1,500 m². The opening ceremony was attended by the Director of Foodmart Operations, Dave Rao, Regional
Manager of Foodmart, Gembara Asnam, local authorities, supplier representatives, mall management, and invited guests.

Danny Kojongian, MPPA’s Director of Public Relations and Communications said “Madiun has a remarkable economic growth, especially in trade and services sector. We want to develop meaningful, long-term relationships with our customers by delivering convenience, informative and engaging in-store experience.”

Store Manager, Enjang Rahmat Fadilah and the entire staffs expressed their readiness to serve and reinvent the shopping experience in the store.

About PT Matahari Putra Prima Tbk (MPPA)
PT Matahari Putra Prima (MPPA) operates Hypermart, Foodmart and Boston Health & Beauty. Total 2014 Sales amounted to Rp 13,59 Trillion (audited), a growth of 14.1% from 2013. Net Income 2014 amounted to Rp 554 Billion, which grew 24.5% from Rp 444,9 Billion in 2013. Hypermart has the widest store network among hypermarket operators in more than 60 cities ranging from Tanjung Balai (Medan) to Jayapura (Papua).

MPPA continues to receive both domestic and international acknowledgement with several awards such as:
2014 Customer Satisfaction by Roy Morgan, 2014 Excellence Experience by Bisnis Indonesia & Carre CCSL, 2014 Top 500 Bronze Award by Retail Asia, 2014 Charta Peduli Indonesia by Dompet Dhuafa, 2014 Superbrand Indonesia by Superbrand, 2014 Best Senior Management IR Support & Most Improved Investor Relations by Alpha Southeast Asia, 2014 Most Admired Companies by Fortune Indonesia, and 2014 Most Admired Company by Warta Ekonomi.

For further information, please contact :
PT. Matahari Putra Prima, Tbk
Danny Kojongian, Director Communications and Public Relations
Email: danny.kojongian@hypermart.co.id
Fernando Repi, Head of Public Relations
Mobile : 081511181187
Email: fernando.repi@hypermart.co.id


Fresh Section at Foodmart Madiun

Fresh Section at Foodmart Madiun

SM Investments Corporation marked its 10th year as publicly-listed company in the Philippine Stock Exchange

Pasay City, Philippines, 2015-3-31 — /EPR Retail News/ — SM Investments Corporation (SM) today marked its 10th year as a publicly-listed company in the Philippine Stock Exchange.

SM listed on March 22, 2005 with an adjusted price of PHP 191 per share. As of March 26, SM closed at PHP888 apiece, representing a growth of 365%.

In his remarks during the anniversary ceremony, SM Chief Finance Officer Jose T. Sio said that the company’s growth has been tremendous over the last ten years.

“More compelling is how our operating companies in retail, property and banking have emerged to be market leaders in just ten years. Such leadership is backed by having one of the largest footprints in the country consisting of highly productive assets and delivering superior value, margins and returns. These assets have evolved to cater to more sophisticated lifestyles of our customers by providing a world-class look and feel, a sense of completeness and an exciting experience for every member of the family,” Mr. Sio said.

In 2005, SM had total assets of PHP153 billion and a market capitalization of PHP127 billion. Today, , SM’s assets are worth over PHP711 billion with a market capitalization of PHP732 billion. Its assets grew almost seven -fold, delivering an average annual growth of 21% over the last ten years. Market capitalization grew by 19% during the same period.

Revenues also accelerated in the last ten years for an average growth of 20.6% per annum with net income showing an average growth of 21.4 percent each year.

“Indeed, the story of SM has inspired and surprised many, ourselves included, as we witnessed its phenomenal growth from humble beginnings to what it has become today. SM is a story of leadership, innovation, commitment, focus and a collective effort to advance the great legacy that Mr. Henry Sy, Sr. built,” Mr. Sio further said.

# # #

About SM Investments Corporation
SM Investments Corporation (SM) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SM has evolved into one of the most highly respected companies in the country owing to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.

SM’s retail operations enjoy a strong brand franchise consisting of The SM Store and its food retail chains namely SM Supermarket, SM Hypermarket, Savemore , WalterMart and Alfamart stores. SM’s property arm, SM Prime Holdings, Inc., is among the largest integrated property developers in the Philippines with interests in mall, residential, commercial and tourism development. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest and in China Banking Corporation (China Bank), the fifth largest. Combined, these two banks have a network of over 1,000 branches nationwide.

For further information, please contact:

Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
E-mail: cora.guidote@sminvestments.com
Tel. No. (632) 857-0117



SM officials led by SM Executive Vice President and Chief Finance Officer Jose T. Sio (fifth from right) rang  the bell on the local bourse to mark the company’s 10th year of listing as well as the opening of trades for the day. From left to right: Philippine Stock Exchange (PSE) Director Alejandro T. Yu; SM Senior Vice President (SVP) for Investor Relations Corazon P. Guidote; SM SVP for Corporate Services Elizabeth Anne C. Uychaco; SM SVP for Finance Franklin C. Gomez; SM SVP for Investments Portfolio Frederic C. DyBuncio; SM Independent Director Vicente S. Perez, Jr.; SM EVP and CFO Jose T. Sio; PSE Directors Edgardo G. Lacson, Eddie T. Gobing, Emmanuel O. Bautista and PSE Chief Operating Officer Roel A. Refran.

SM officials led by SM Executive Vice President and Chief Finance Officer Jose T. Sio (fifth from right) rang the bell on the local bourse to mark the company’s 10th year of listing as well as the opening of trades for the day. From left to right: Philippine Stock Exchange (PSE) Director Alejandro T. Yu; SM Senior Vice President (SVP) for Investor Relations Corazon P. Guidote; SM SVP for Corporate Services Elizabeth Anne C. Uychaco; SM SVP for Finance Franklin C. Gomez; SM SVP for Investments Portfolio Frederic C. DyBuncio; SM Independent Director Vicente S. Perez, Jr.; SM EVP and CFO Jose T. Sio; PSE Directors Edgardo G. Lacson, Eddie T. Gobing, Emmanuel O. Bautista and PSE Chief Operating Officer Roel A. Refran.

Jonathan and Drew Scott to debut their outdoor furnishings and accessories collection Scott Living on QVC

Jonathan and Drew Scott to Debut Outdoor Décor Line

WEST CHESTER, Pa., 2015-3-31 — /EPR Retail News/ — Best known as stars of four hit television series, Jonathan and Drew Scott are recognized worldwide for their real estate and design expertise. Now, they’re bringing their home renovation know-how and dynamic design vision to the world of backyard décor with Scott Living, an outdoor furnishings and accessories collection scheduled to debut on QVC Tuesday, March 31 at 10 PM (ET).

“Jonathan and Drew are famous for their ability to transform any living space into a dream dwelling,” said Ken O’Brien, senior vice president of merchandising for QVC. “We hope viewers will be inspired by the expert tips the brothers have to offer and seize the opportunity to update or refresh their outdoor spaces, just in time for spring.”

A combination of quality, style, versatility and affordability, the Scott Living collection has something to offer for design pros and novices alike. With products ranging from traditional to contemporary, the collection features an assortment of patio furniture, lanterns and lamps, decorative planters and more guaranteed to complement any style and space, with items perfect for all budgets.

“Helping fans turn their dream homes into reality is something we’re very passionate about,” said Jonathan Scott. “We are excited to unveil our collection on QVC and share our knowledge and experience with millions of viewers across the country,” added Drew Scott.

Tune in to the “Scott Living Outdoor Style with the Scott Brothers” broadcast Tuesday, March 31 at 10 PM (ET) as the brothers present their collection and demonstrate how to turn any space into an outdoor oasis. The Scott Livingcollection is scheduled to be available, while supplies last, beginning March 31 through QVC.com, QVC apps or by calling 800.345.1515.

# # #

About QVC
QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation (NASDAQ: QVCA, QVCB), 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, 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. Based in West Chester, Pa. and founded in 1986, QVC has evolved from a TV shopping company to a leading ecommerce and mobile commerce retailer. 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.

About the Scott Brothers
Jonathan and Drew Scott host four HGTV hit series, “Property Brothers,” “Buying and Selling” and “Brother vs. Brother” as well as “Off Topic With The Scott Brothers,” a 60-minute lifestyle radio series on Canada’s Corus Radio produced in conjunction with a third brother, J.D. Scott. After founding the indie film company Dividian Production Group in 2004, Jonathan and Drew went on to launch Scott Brothers Entertainment in 2010, a multifaceted company that strives to develop cutting-edge original entertainment for television and other platforms and is dedicated to the craft of production and providing innovative content for U.S., Canadian and international markets.


Air Force Command Chief Master Sgt. Stuart M. Allison: The best way to use the commissary benefit is to be an informed shopper

FORT LEE, Va., 2015-3-31 — /EPR Retail News/ — What a commissary patrons know about their commissary benefit – how it works, its history and its features – can make all the difference in how they use it.

Just ask Air Force Command Chief Master Sgt. Stuart M. Allison, the Defense Commissary Agency’s senior enlisted advisor to the director.

“The best way to use the commissary benefit is to be an informed shopper,” Allison said. “By ‘informed,’ I mean being aware of what the benefit is and how it began. Do you know about our great savings in produce, meat and other grocery products? The more you know, the more the benefit works for you.”

So, to help commissary shoppers, here’s Allison’s quick guide of fact vs. fiction information:

The commissary is only authorized for married military members living in on-base housing:
Fiction. Where a person lives or their marital status does not determine commissary access. All that matters is their status as an authorized patron. Active duty military, reservists, retirees, 100 percent disabled military veterans, Medal of Honor recipients, and their authorized family members are all authorized to shop.

Case lot sales can save patrons upwards of 50 percent:
Fact. DeCA’s Commissary Customer Appreciation case lot sales offer savings of 50 percent or more on club pack and full-case items. Customers can go to the Case Lot Sales page to find out scheduled sales. They can also find this information on their store’s Web page.

The Defense Commissary Agency isn’t connected to its patrons in cyberspace:
Fiction. DeCA reaches hundreds of thousands of patrons online through social media platforms such as Facebook,Twitter, YouTube, Flickr, Foursquare and Pinterest. Through social media, DeCA gets instant feedback from customers on promotions, store conditions and product preferences. The sites also draw patrons to www.commissaries.com for more information to maximize their benefit.

DeCA has a rewards card that gives its patrons access to digital coupons:
Fact. The Commissary Rewards Card is a convenient way for customers to save even more with about 160 digital coupons. Patrons can download those digital coupons to the Commissary Rewards Card from the commissary website or from Smart Source “direct to card.” iPhone and Android apps make it even easier for customers to review their coupon accounts, as well as locate commissaries and their contact information.

Patrons can only access commissary products in a commissary:
Fiction. DeCA’s Guard and Reserve On-Site sales extend the commissary benefit to Guard and Reserve members and their families who don’t live near a commissary. These sales are hosted by nearby commissaries in cooperation with Guard and Reserve units that have at least 150 members stationed in an area. Although designed for reservists, any authorized patron can shop during the sales. A listing of on-site sales can be found on the Guard/Reserve On-Site Sales page.

The 5-percent surcharge is a tax:
Fiction. The 5-percent surcharge, mandated by Congress, is returned to commissary patrons in the form of continually improved commissary facilities – new stores, as well as renovations of existing ones. The savings of 30 percent includes the 5-percent surcharge.

Military commissaries date back to the 1860s:
Fact. Although DeCA was formed in 1991, the modern era of sales commissaries actually began in 1867. It was then that enlisted men received the same at-cost purchasing privileges officers had already enjoyed for four decades. From the start, commissaries were meant to allow the Army to “care for its own.” The stores provided wholesome food beyond official rations, and the savings supplemented military pay.

Baggers are commissary employees:
Fiction. Baggers are not commissary employees, and are paid solely by tips from commissary patrons in exchange for bagging and carryout services. Baggers are self-employed and work under a license agreement with an installation commander.

“Doing your homework can pay off at the cash register,” Allison said. “If you want to save more, boost your commissary knowledge. Tune in to DeCA’s social media sites, and check the commissary website for the current sales flyer, ongoing promotions, the lineup of Commissary Value Brands, and available digital coupons for your Commissary Rewards Card.

“It’s your benefit,” he added. “Take the time to understand it and use it.”

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5-percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773

Hy-Vee to sponsor fundraising events in five Midwestern cities to help children with cancer

WEST DES MOINES, Iowa, 2015-3-31 — /EPR Retail News/ — Today (March 30, 2015), Hy-Vee, Inc. officials announced a new partnership with the Pinky Swear Foundation, a national charitable organization that supports children with cancer and their families through fundraising kids triathlons and other community activities. This unique partnership will bring the Hy-Vee Pinky Swear Kids Triathlons to Des Moines, Minneapolis, Omaha, the Quad Cities and Kansas City this summer. In addition, 5K Family Runs will be held in all the cities except Minneapolis.

The new Hy-Vee Pinky Swear Kids Triathlons and 5K Family Runs will be fun, accessible and engaging for children at all fitness levels and will focus on participation rather than competition. The primary purpose of the swim, bike and run events is the fundraising aspect, in which kids raise money to help kids with cancer and their families. The money raised goes directly toward easing the financial and emotional impacts experienced by children with cancer and their families. In many cases, the money provides basic needs, such as mortgage and rent, transportation, utilities, gas cards and food. According to Pinky Swear, a child is diagnosed with cancer every 45 minutes in the United States, and 1 out of 11 families given that news will file for bankruptcy.

“We are extremely pleased to collaborate with the Pinky Swear Foundation and their commendable efforts in raising funds and awareness for children with cancer,” said Randy Edeker, chairman, CEO and president of Hy-Vee. “Being involved in our communities is a top priority at Hy-Vee. In working with the foundation and local hospitals, we hope to engage families in fitness, raise funds for those in need and have a little fun in the process.”

With the new Hy-Vee Pinky Swear events, Pinky Swear now hosts 12 kids triathlons and four 5K family runs in 12 markets across the country.

“We are thrilled with the partnership with Hy-Vee and are excited about the tremendous impact it will have on our organization and the families we serve,” said Brian Nelson, executive director of the Pinky Swear Foundation. “The foundation began as a pinky swear promise between a son and his father and has grown into a nationwide organization. I am proud of the work we have done and look forward to the Hy-Vee partnership because of the additional triathlons in these new markets and the hundreds of additional patient families we will be able to serve.”

Hy-Vee is committed to fitness-friendly events that engage customers and benefit the communities it serves. Pinky Swear shares that commitment. Through this collaboration, Pinky Swear’s message and mission will reach a broader audience while allowing Hy-Vee to continue its long-term focus and dedication to the sport of triathlon. The Hy-Vee Pinky Swear Triathlons and 5K Family Runs will take the place of the Hy-Vee Triathlon, which was discontinued for 2015.

2015 Event Schedule

Des Moines Kids Triathlon
Date: July 11, 2015
Location: Raccoon River Park
Quad Cities Kids Triathlon
Date: Aug. 15, 2015
Location: Bettendorf YMCA
Des Moines 5K Family Run
Date: July 12, 2015
Location: Principal Park
Quad Cities 5K Family Run
Date: Aug. 16, 2015
Location: TBD
Minneapolis Kids Triathlon
Date: Aug. 1, 2015
Location: Lake Nokomis
Kansas City Kids Triathlon
Date: TBD
Location: TBD
Omaha Kids Triathlon
Date: Aug. 7, 2015
Location: Cunningham Lake
Kansas City 5K Family Run
Date: TBD
Location: TBD
Omaha 5K Family Run
Date: Aug. 8, 2015
Location: TBD

Register now to participate in one of the Hy-Vee Pinky Swear Kids Triathlon or 5K Family Run events at www.pinkyswear.org.


Hy-Vee, Inc. is an employee-owned corporation operating more than 235 retail stores across eight Midwestern states with sales of $8.7 billion annually. Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the United States. Supermarket News, the authoritative voice of the food industry, has honored the company with a Whole Health Enterprise Award for its leadership in providing services and programs that promote a healthy lifestyle. For more information, visit www.hy-vee.com.

The Pinky Swear Foundation was founded on a pinky swear promise as a dying wish between a nine-year old boy and his father to help children with cancer and their families by providing immediate basic needs support and unique family programs. That pinky swear, the most solemn of oaths between two people, lives on today in the Pinky Swear Foundation. The Pinky Swear Foundation is passionately committed to helping children with cancer and their families by being fanatically responsive to the immediate crisis facing families with a childhood cancer diagnosis. Pinky Swear Foundation activities include the world’s largest kids fundraising triathlon series, National Pinky Swear Day, and other community engagement opportunities. Visit us at PinkySwear.org or follow us at @PinkySwearFndtn.

Media Contacts

Tara Deering-Hansen
Assistant Vice President, Communications
Hy-Vee, Inc.
Office: 515-559-5770
Mobile: 515-778-7865
Amy Mauzy
Marketing Director
Pinky Swear Foundation
Office: 952-974-9603
Mobile: 612-812-4439

Hy-Vee partners with Pinky Swear Foundation to sponsor several Hy-Vee Pinky Swear Kids Triathlons and 5K Family Runs in cities across the Midwest

racing for a cause

West Des Moines, IA, 2015-3-31 — /EPR Retail News/ — Hy-Vee is pleased to partner with the Pinky Swear Foundation to sponsor several Hy-Vee Pinky Swear Kids Triathlons and 5K Family Runs in cities across the Midwest. We are excited to help with the foundation’s efforts to raise funds and awareness for the families of children who are suffering from cancer.

Hy-Vee is collaborating with the foundation to bring youth triathlons and family-friendly 5K runs to several of the communities it serves. In summer 2015, races will be held in Des Moines, Minneapolis, Omaha, the Quad Cities and Kansas City. The new Hy-Vee Pinky Swear Kids Triathlons will be fun, fitness-friendly and accessible to youth of all skill levels. At most event locations, parents and family members will be able to join the fun the next day by participating with the children in a 5K run. These events reinforce our commitment to health and wellness while providing exciting opportunities to engage children in fundraising and giving back to their communities.

the story behind pinky swear

What began as a promise between a father and son has turned into a nationwide triathlon series and fundraiser for children fighting cancer.

Before 9-year-old Mitch Chepokas died of cancer, his dad, Steve, made a pinky swear promise with him to continue to help children with the disease. Today, Pinky Swear provides immediate needs support and unique family programs to families with children who have cancer. To accomplish this, the foundation holds youth triathlons in a dozen states across the country and encourages kids to fundraise and build support for other children in need.

Visit pinkyswear.org to learn more about Pinky Swear and ways you can get involved.

partnering for success

Pinky Swear embodies two core focuses that are also central to Hy-Vee — health and wellness and community support. We are proud to partner with the foundation and our customers to raise money for families in need while engaging families in events that promote a healthy lifestyle.

Through this partnership, we hope to raise awareness for the foundation, place a spotlight on its mission and provide more fundraising opportunities through additional kids triathlon and 5K family events. We look forward to our customers joining us in working to make a difference in the lives of families in the communities we call home.

2015 Event Schedule

Des Moines Kids Triathlon

July 11, 2015
Location: Raccoon River Park
Omaha Kids Triathlon

Aug. 7, 2015
Location: Cunningham Lake
Quad Cities Kids Triathlon

Aug. 15, 2015
Location: Bettendorf YMCA
Des Moines 5K Family Run

July 12, 2015
Location: Principal Park
Omaha 5K Family Run

Aug. 8, 2015
Location: TBD
Kansas City Kids Triathlon

Location: TBD
Minneapolis Kids Triathlon

Aug. 1, 2015
Location: Lake Nokomis
Quad Cities Kids Triathlon

Aug. 15, 2015
Location: Bettendorf YMCA
Kansas City 5K Family Run

Location: TBD


Hy-Vee partners with Pinky Swear Foundation to sponsor several Hy-Vee Pinky Swear Kids Triathlons and 5K Family Runs in cities across the Midwest

Hy-Vee partners with Pinky Swear Foundation to sponsor several Hy-Vee Pinky Swear Kids Triathlons and 5K Family Runs in cities across the Midwest

Kingfisher preliminary results for the year ended 31 January 2015: Sales up 2.9%; UK & Ireland +5.5%

LONDON, 2015-3-31 — /EPR Retail News/ — Sales up 2.9%, adjusted pre-tax profit of £675m, down 7.5%. New CEO outlines plans to organise Kingfisher very differently and announces her first ‘sharp’ decisions on the journey to ‘ONE’ Kingfisher

2014/15 Financial overview:

% Total Change % Total Change % LFL* Change
2014/15 2013/14 Reported Constant currency Constant currency
Sales* £10,966m £11,125m (1.4)% +2.9% +0.5%
Retail profit* £733m £779m (5.9)% (1.6)%
Adjusted* pre-tax profit £675m £730m (7.5)%
Adjusted basic EPS 20.9p 22.8p (8.3)%
Full year dividend 10.0p 9.9p +1.0%
Net cash* £329m £238m n/a

* Throughout this release ‘*’ indicates the first instance of terms defined in Section 5 ‘Glossary’ of this announcement.

2014/15 highlights

  • Total sales in constant currencies up 2.9% (France -1.0%, UK & Ireland +5.5%, Other International +5.0%)
  • Adjusted pre-tax profit of £675m impacted by a slower market in France since summer 2014, £34m adverse foreign exchange movements on the translation of non-sterling profits and £22m charges for new country development activity
  • Year end net cash of £329m is after £275m capital investment and £434m of cash returned to shareholders
  • Appointed new Chief Executive Officer in December 2014, new initiatives underway on the journey for ‘ONE’ Kingfisher

Commenting on the strategic update:

Véronique Laury, Chief Executive Officer, said:

“Home improvement is a great market with huge potential and Kingfisher has a strong position within it with further scope to grow in a sustainable way. However, it is clear to me that we need to organise ourselves very differently to unlock our potential. This will involve taking what is essentially a locally managed set of businesses and creating instead a single, unified company where customer needs come first. The first step in developing this new organisation is the creation of a new, international leadership team with more focused cross-company roles.

“We have a lot to do and we are announcing today a set of first ‘sharp’ decisions which are already underway including the closure of around 15% surplus B&Q space (c.60 stores) and our few loss making stores in Europe, the development of unified garden and bathroom businesses and the start of a Big Box revitalisation programme across Europe.

“In addition, we will be developing our detailed plans for the wider reorganisation of the company as we progress on this exciting journey towards becoming ‘ONE’ Kingfisher.”

Karen Witts, Chief Financial Officer, said:

“We believe our plans will drive an increase in the value of our business for shareholders, with improved financial metrics through higher sales and lower costs, whilst at the same time optimising the generation and use of cash. Besides the growth in full year dividend, we are also pleased to be announcing today a further £200 million capital return during FY 2015/16 reflecting our confidence in our medium term prospects. In the short term, whilst we remain encouraged by the improving economic backdrop in the UK, we remain cautious on the outlook for France, our biggest market.”


Related links

Statutory reporting

2014/15 2013/14 % Change Reported
Statutory pre-tax profit £644m £759m (15.2)%
Statutory post-tax profit £573m £710m (19.3)%
Basic EPS 24.3p 30.0p (19.0)%


Sarah Levy, Group Investor Relations Director
+44 (0) 20 7644 1032

Christian Cowley, Head of Investor Relations
+44 (0) 20 7644 1126

Nigel Cope, Head of Media Relations
+44 (0) 20 7644 1030

Giles Hartley, Investor Relations Manager
+44 (0) 20 7644 1082

+44 (0) 20 7404 5959

Further copies of this announcement can be downloaded from www.kingfisher.com or viewed on the Kingfisher IR iPad App available for free at the Apple App store. We can be followed on Twitter @kingfisherplc.

Kingfisher American Depository Receipts are traded in the US on the OTCQX platform: (OTCQX: KGFHY) http://www.otcmarkets.com/stock/KGFHY/quote

Kingfisher acquisition of Mr Bricolage will not proceed further

LONDON, 2015-3-31 — /EPR Retail News/ — On 23 July 2014 Kingfisher entered into a binding agreement with the principal shareholders of Mr Bricolage to acquire their shareholdings subject to satisfactory anti-trust clearance. This agreement made provision that it would lapse if the anti-trust clearance was not obtained by 31 March 2015 although an extension could be agreed by all parties. Kingfisher notes the statement of the ANPF (an organisation controlled by Mr Bricolage’s franchisees holding 41.9% of the share capital of Mr Bricolage) dated 27 March 2015 which cites their decision to refuse any extension of the 31 March 2015 deadline.

Therefore, notwithstanding Kingfisher’s efforts to pursue the completion of the transaction, and in light of the positions expressed to date by the ANPF and Mr Bricolage, the anti-trust clearance will not be obtained by 31 March 2015 and therefore the July 2014 agreement will lapse on that date.

Consequently the transaction will not proceed. Kingfisher is considering all of its options.


+(44) 20 7644 1032

+(44) 20 7644 1030

French media
+(33) 6 09 24 42 42

Kingfisher executive director Kevin O’Byrne to step down from the Board on 15 May 2015

LONDON, 2015-3-31 — /EPR Retail News/ — In accordance with Listing rule 9.6.14(2), Kingfisher plc today announces that Kevin O’Byrne, an executive director of the Company, is to step down from the Board and leave the business on 15 May 2015. Mr O’Byrne will remain in his current role as CEO for B&Q UK & Ireland until this time allowing a smooth handover of his responsibilities, further details of which will be announced in due course.

Mr O’Byrne joined the Board in September 2008 as Group Finance Director where he played a key role in transforming the Group’s cash position during the financial crisis. In 2012 he became Divisional CEO of the Group’s interests in Turkey, China, Germany and the UK & Ireland. In 2013 he took full responsibility for running B&Q UK & Ireland.

Véronique Laury, Kingfisher’s Chief Executive Officer, said:

“I would like to thank Kevin for his contribution to Kingfisher over the last six years. He has played an important part in the development of the company over that time and I wish him well in the future.”

Kevin O’Byrne, CEO B&Q UK & Ireland said:

“I want to thank all the team at Kingfisher and in particular B&Q. It has been a privilege to work with so many passionate and talented people at Kingfisher and B&Q. The team at B&Q have created a stronger business over the last few years and I wish them, and all of Kingfisher, great success in the coming years.”

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