Starbucks Coffee Company and Kesko Food entered into new licensing agreement to open Starbucks stores within K-stores throughout Finland

Agreement to open Starbucks stores at grocery locations owned by the Finnish retailer.

HELSINKI, Finland, 2015-4-22 — /EPR Retail News/ — Starbucks Coffee Company and Kesko Food have entered into a new licensing agreement to open Starbucks stores within K-stores throughout Finland. The first store will open in K-citymarket Sello in Espoo later this year, with further locations planned for key business areas, including outside greater Helsinki.

Jorma Rauhala, Senior Vice President, Kesko’s grocery trade division adds, “We are very excited about the partnership agreement now signed with Starbucks. We aim to offer K-store customers a new kind of experience by providing them with an opportunity to spend some high quality time in a coffee house when they do their groceries, Starbucks is the best solution for this. The core of Starbucks operations lies in delivering a superior customer experience. This is also of key importance for K-stores and the common factor that provides a strong connection between Starbucks and Kesko.”

Arjan Oudejans, vice president, Branded Solutions at Starbucks EMEA said: “People in Finland drink more coffee on average than almost any other country globally, so this is a great opportunity for us to bring our premium coffee to Finnish coffee fans. We’re delighted to partner with Kesko to expand our presence in Finland. High quality products and service, and a focus on customer connection and ethical business practices, are shared values for both companies. Furthermore Starbucks wants to be where our customers are, this makes Kesko a great partner in the Finnish grocery channel.”

This announcement demonstrates Starbucks commitment to reach more customers across Europe. Starbucks opened its first store in Finland at Helsinki Airport in 2012; there are now nearly 2,200 Starbucks locations across the Europe, Middle East, and Africa region. Kesko is Finland’s leading retailer and key operators in the grocery channel, with about 2,000 stores in the Nordics and Baltic regions, Russia and Belarus. The recruitment of employees for the new store will begin in April.

For more information please contact:
Jorma Rauhala, Senior Vice President, Kesko’s grocery trade division, tel. +358 10 5322 211, jorma.rauhala@kesko.fi
Mika Rautiainen, Vice President, marketing and concept services, tel. +358 10 5322 090,  mika.rautiainen@kesko.fi

For Starbucks media enquiries please contact: EMEACommunications@starbucks.com

About Kesko
K-food retailers, with whom Kesko grocery trade applies the chain business model, are responsible for customer satisfaction at more than 900 K-food stores. K-food store chains are K-citymarket, K-supermarket, K-market and K-extra. K-food stores are the most responsible in the world in their sector. Their strengths also include superior fresh food departments, competent service, the widest selections, Finnish products and the Pirkka brand. K-food stores provide both high quality and favourable prices.

About Starbucks
Since 1971, Starbucks Corporation has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at Starbucks.com.

Atlanta: Personal stories discussed at Starbucks 10th forum about racial inequality in America

In Starbucks 10th forum to discuss racial inequality in America, dozens of partners (employees) shared their personal stories and expressed gratitude for the company’s willingness to hold conversations that foster better empathy and understanding of one another. 

ATLANTA, 2015-4-22 — /EPR Retail News/ — An elderly white couple, who regularly visited a Colorado Starbucks store over the past few years, refused to be served by black baristas. They were raised during a time period in America when people of different races were segregated.

“What I love about our company is that we have the freedom to go beyond our counter, and step to the other side and sit down and have coffee with the white couple that did not accept me at first,” said a Starbucks partner (employee), who talked about breaking down stereotypes in a forum with her peers in Atlanta.

After sharing her upbringing with the couple and having regular conversations with them, she witnessed a significant change in their behavior. “Now they come in just to see me and bring me birthday cards,” she said.

Her story is one of the hundreds that have been shared across the U.S. with Starbucks partners in meetings called Partner Open Forums – employee gatherings to discuss topics relevant to the company’s business. Starbucks chairman and ceo Howard Schultz initiated the first Partner Open Forum discussing racial tension in America on December 10, 2014. He has led similar conversations in Oakland, St. Louis, New York, Los Angeles, Chicago, Houston, Milwaukee, and most recently in Atlanta to discuss what he calls the “tragic injustice” of racial inequality.

“This issue, above all else, is the social challenge of America,” Schultz said. “When we are witnessing something that we know is wrong with the country – wrong with humanity – we can do something about it.”

For Schultz, the issue is personal.

“I grew up in the projects in federally subsidized housing. I knew what it was like then, and I know what it’s like now to feel the shame and vulnerability and the scars of a poor kid and what it was like to look over the train tracks and see others who have more and realize that for whatever reason our station in life was not like theirs,” Schultz told partners.

He described how his life changed, “through the grace of God” despite odds that were “beyond comprehension,” because he believed in the American dream. The American dream, he said, has to be available for everyone.

“I promise you we are going to do everything we can as a company to continue the conversation, and to fight for the people whose voices are not being heard,” said Schultz.

In Atlanta, dozens of partners shared personal experiences. Many partners tearfully talked about beliefs they were raised with and are trying to change. They also expressed gratitude for Starbucks willingness to hold conversations that foster better empathy and understanding of one another.

“From the day that I started to this very day, I have one word that resonates through me and it is ‘home,'” said one partner. “I take pride in the fact that I work for a company who makes such strides in society. It knocks on the door that no one wants to knock on; touches the topic that no one wants to speak on.”

Starbucks will hold several additional Partner Open Forums in cities across the U.S. in the months ahead.

For more information on this news release, contact us.

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Atlanta: Personal stories discussed at Starbucks 10th forum about racial inequality in America

Atlanta: Personal stories discussed at Starbucks 10th forum about racial inequality in America

Morrisons predicts 2015’s asparagus crop could increase by up to 20%

Morrisons vegetable buyers have predicted Britain could have the best crop of outdoor grown asparagus for nearly a decade.

Bradford, England, 2015-4-22 — /EPR Retail News/ — Intelligence on growing conditions from our farmers combined with a predicted three month heat wave would mean 2015’s asparagus crop could increase by up to 20%.

Morrisons Asparagus Buyer David Bartle said: “Growing conditions look like they are going to be perfect. The good weather will not only affect the amount of asparagus grown but also the quality of the crop. We could have the most exceptional year since 2007.”

Morrisons asparagus crop will arrive in store on 27 April. Most of the crop will originate from the supermarket’s outdoor growers in the Vale of Evesham and Kent.

Due to the exceptionally warm growing conditions, this year’s asparagus will have tender spears with tight heads which will taste sweet and fresh.

David’s top ten asparagus facts:

  1. Asparagus was first documented in 300BC in Egypt and is said to have arrived in Britain with the Romans in the first century AD.
  2. Each crop is in the ground for ten years and takes three years to grow to maturity before harvest.
  3. The asparagus season traditionally runs from St George’s Day to the Summer Solstice.
  4. Approximately one tonne of asparagus grows per acre of land.
  5. Most British asparagus is green. Morrisons sells Mondeo, Gueleph, Millennium and Gijnlim varieties.
  6. The best quality of asparagus has tight crisp tips and firm green spears.
  7. For best results, the vegetable should be lightly cooked – between 3-6 minutes – and eaten ‘al dente’ with butter.
  8. Asparagus contains A, B and C vitamins, fibre and folic acid, and is virtually fat-free. These nutrients can boost your immune system, maintain healthy skin, nails and hair, and are good for the heart.
  9. Asparagus is said to have aphrodisiac properties – though this has never been proven!
  10. Some people – but not all – experience strange smelling urine after eating asparagus. This is due to sulphur-containing amino acids in the vegetable. It’s thought the ability to detect the odour is a result of some people breaking amino acids down during digestion and others having the nasal receptors needed to pick up the smell.

Media contact

For all media enquiries call0845 611 5111Available 24 hours

X5 Retail Group announces that Moody’s Investors Service upgraded its credit rating to B1 from B2

Amsterdam, 2015-4-22 — /EPR Retail News/ — X5 Retail Group (“X5” or “the Company”), a leading Russian food retailer, announced today that the rating agency Moody’s Investors Service (“Moody’s”) upgraded the Company’s credit rating (corporate family rating – CFR) to B1 from B2. The outlook on the rating is stable.

“The upgrade of X5’s ratings to B1 reflects the company’s strengthened business profile as a result of ongoing efforts to turnaround the business model and achieve the post-merger integration of various formats. This was evidenced through consistently improving operating performance since 4Q 2013 and throughout 2014,” – Moody’s noted in its report.

In addition, Moody’s Interfax Rating Agency has upgraded to A1.ru from A3.ru the national scale corporate family rating (NSR) of X5 Retail Group N.V.

Note to Editors:
X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘B1’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 31 March 2015, X5 had 5,639 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 4,958 Pyaterochka proximity stores, 405 Perekrestok supermarkets, 83 Karusel hypermarkets and 193 convenience stores. The Company operates 33 DCs and 1,407 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totaled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.04%, treasury shares – 0.04%, free float – 37.63%.

For further details please contact
Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Anastasiya Kvon
IR Director
Tel.: +7 (495) 792-3511
e-mail: Anastasiya.Kvon@x5.ru

Rite Aid Corporation announces the appointment of Steve Rempel as its senior vice president and chief information officer

CAMP HILL, PA, 2015-4-22 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Steve Rempel, a highly experienced  information technology executive, has been named Rite Aid’s senior vice president and chief information officer.

In this position, Rempel will have responsibility for all aspects of the company’s technology and information operations, including computer systems, network infrastructure, telecommunications and data security as well as the continued development and execution of Rite Aid’s immediate and long-term information technology strategy. Rempel will report to Frank Vitrano, Rite Aid’s senior executive vice president and chief administrative officer.

“Steve is an information technology expert with a proven track record in creating, driving and delivering value and results through innovative technology solutions,” said Vitrano. “His vast retail experience will be extremely valuable to Rite Aid as we continue to develop our technology and services platforms and strategies to further strengthen our business operations and enhance the experiences of our valued customers and associates.”

Before joining Rite Aid, Rempel served as chief information officer, president and CEO for Lenexa, Kan.,-based Balance Innovations, the leading provider of reconciliation and cash management solutions for the retail industry. During his tenure at Balance Innovations, he had oversight for the company’s technology strategy and provided strategic, financial and operational direction.

Rempel began his career at Safeway, Inc., one of the nation’s largest food and drug retailers. During his 35 years at Safeway, Rempel held a variety of information technology positions with increasing responsibility. Serving as the organization’s group vice president of Application Development, he had enterprise-wide responsibility for all elements of the information technology applications process, including design, development, procurement, development and support.

Rempel earned a bachelor’s degree in business administration from the University of the Fraser Valley in British Columbia and will receive his M.B.A from Auburn University this spring.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2015 annual revenues of $26.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

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Contact:

Media: Kristin Kellum 717-975-5713

ICSC and USC Lusk Center for Real Estate announce the second annual University of Shopping Centers West, Oct. 25–27 at the University of Southern California

Prestigious Industry Opportunity Returns to West Coast

NEW YORK, 2015-4-22 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC), in collaboration with the USC Lusk Center for Real Estate, is pleased to announce the second annual University of Shopping Centers West, the premier educational program serving the retail real estate and shopping center industry with an emphasis on the West Coast marketplace, to be held Oct. 25–27 at the University of Southern California.

The executive level program, which marked its successful debut last year, provides intensive training in trends, practices and forecasts of every aspect of the retail real estate industry. The University features engaging keynote presentations, world-class educational courses and myriad networking opportunities.

The University of Shopping Centers West offers an unparalleled educational experience while promoting a seamless exchange of ideas via roundtable discussions, panels, and receptions. The three-day program commences with retail tours followed by two days of content. Participants can choose from more than 20 interactive courses, taught by a distinguished group of industry professionals and experts, covering the following industry-related topics: retailing, leasing, asset management, development, design and construction and specialized studies.

“The USC Lusk Center for Real Estate is thrilled to again partner with ICSC to bring University of Shopping Centers to Los Angeles. As the retail sector continues its recovery, technology and demographics are reshaping how business is done. This session allows us to design a curriculum and create programs that directly address how these disrupters affect retailers, developers and owners. We are looking forward to another exchange of ideas on what the future will bring,” said Richard K. Green, director of the USC Lusk Center for Real Estate.   ­­­­

“For more than 50 years, we have effectively and efficiently operated the University of Shopping Centers at the University of Pennsylvania, Wharton School of Business,” said Eric Hertz, senior vice president of education at ICSC.  “Last year, we introduced this unique industry opportunity to the West Coast in collaboration with USC Lusk, another esteemed institution in Southern California, and experienced remarkable results. We are excited to once again offer this dynamic program to the West Coast.”

Click here to save the date and receive immediate
 notification once registration opens. 

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 68,000 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.

ICSC HEADQUARTERS

1221 Avenue of the Americas
41st floor
New York, NY 10020-1099
PHONE: +1 646 728 3800
FAX: +1 732 694 1755
EMAIL: icsc@icsc.org
Hours: 9am-5pm (EST)

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ICSC and USC Lusk Center for Real Estate announce the second annual University of Shopping Centers West, Oct. 25–27 at the University of Southern California

ICSC and USC Lusk Center for Real Estate announce the second annual University of Shopping Centers West, Oct. 25–27 at the University of Southern California

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Haggen expands its pharmacy management staff from 6 to 28 to manage the 470 pharmacists and pharmacy technicians who will make up the Haggen Pharmacy team

Pharmacies remain open during conversions

Bellingham, Wash. and Irvine, Calif., 2015-4-22 — /EPR Retail News/ — As West Coast regional grocer Haggen acquires and converts stores in Washington, Oregon, California, Nevada and Arizona during the first half of 2015, its pharmacy business is growing from 17 pharmacies to 106 pharmacies. To support this growth, Haggen is expanding its pharmacy management staff from six to 28 to manage the 470 pharmacists and pharmacy technicians who will make up the Haggen Pharmacy team.

As Haggen continues its unprecedented 146 store acquisitions across five states, the pharmacies are committed to minimizing any downtime during the intense 40+-hour store conversions. The pharmacy conversion team at each store works diligently from the 6 p.m. store closing time to 11 a.m. the next morning to ensure the current pharmacy guests and future Haggen guests have access to their prescription medications while the rest of the store is closed for the conversion.

“We want to make this transition a seamless experience for both our guests and our associates,” said Guy A. DiPasqua, R.Ph. corporate senior vice president, pharmacy of Haggen. “While we’re making a lot of changes behind the scenes to our pharmacy management and point of sale systems, our pharmacies are staffed by the same great pharmacy associates who deliver the same great level of care. We hope our service and care will keep shoppers returning to their new neighborhood pharmacy at Haggen.

New Faces on the Pharmacy Team

The Haggen pharmacy business will continue to be led by DiPasqua, who joined Haggen in 2012 after 25 years at Albertsons and six years at Target. DiPasqua will lead two division vice presidents, Mike Arndorfer, promoted from his director of pharmacy position and Stewart Edington, who joined Haggen in March 2015.

Mike Arndorfer will oversee the Pacific Northwest division, which includes 53 pharmacies in Washington and Oregon.  Arndorfer brings a great deal of pharmacy experience to Haggen, having served in a number of store- and management-level positions in Community Pharmacy as well as director-level positions with Amber Specialty Pharmacy in Omaha and Harrison Memorial Hospital in Kentucky, prior to joining Haggen as director of pharmacy.

Stewart Edington will be responsible for the 53 pharmacies in the Pacific Southwest which includes California, Arizona and Nevada. Born in Zimbabwe and raised in South Africa, Edington moved to the United States 13 years ago with his wife and three children to work for Albertsons. Edington served in a variety of roles there ultimately rising to vice president of pharmacy for Albertsons LLC from June 2011 through the end of 2013, leaving the Company to own and operate Jupiter Compounding in Jupiter, Florida.

Both Arndorfer and Edington are building out their regional teams, with each hiring two regional pharmacy managers. In the Pacific Northwest, Schontel Delaney will oversee the 36 pharmacies located in the state of Washington. She worked for Albertsons Savon Pharmacy for 18 years, starting as a pharmacy technician. She has been a pharmacist since completing pharmacy school in 2007.

Haggen is filling positions for the additional regional pharmacy manager positions, seven pharmacy operations specialist jobs and other support positions within the pharmacy team. For a current list of open positions, visit Haggen’s website.

Pharmacies Open During Conversions 

To date, 38 pharmacies have been converted to Haggen Pharmacies. All of these have been converted within the allotted 17-hour window, thanks to dedicated pharmacy teams and key partners.

Immediately after the store closes and transfers ownership, the pharmacy conversion team takes inventory of the controlled substances, uninstalls the existing IT systems and equipment, and then installs Haggen’s new Enterprise Pharmacy System (EPS), provided by PDX, Inc. The Fort Worth, Texas-based pharmacy technology company has been a key partner in making sure the conversions go smoothly by providing a Project Manager, committed to Haggen for the 20-week cadence of conversions, as well as supplying nine trainers who work side by side with the Haggen store team for five days.

The actual conversion of patient records is overseen by Two Point of Chicago, IL, which specializes in the extraction, analysis and conversion of electronic medical records. The work done by Two Point converts all patient information, including insurance and prescription history. This is a certified, secure and HIPPA-compliant process and regulations do require that all of the records initially be transferred to the Haggen Pharmacy as part of the ownership transfer.

DiPasqua added, “Haggen prides itself on providing genuine and caring service, a commitment that is evident in our associates’ resilience and adaptability through the conversion process.  After 17 hours, we open a freshly painted, new Haggen Pharmacy with the same great team, a completely new Pharmacy Management system, and many new best practices and routines to be executed. Even while the store is undergoing its own makeover, our pharmacists are ready to fill our guests’ prescriptions on day one. It’s been a great, team process.”

About Haggen
Founded in 1933 in Bellingham, Washington, Haggen has built its business on providing guests the freshest and most local products with genuine service, while supporting the communities it serves. The company currently operates stores in Washington, Oregon and California, and is in the process of acquiring 146 stores and establishing a second headquarters in Irvine, California. With this acquisition, Haggen will expand from 18 stores with 16 pharmacies to 164 stores with 106 pharmacies; from 2,000 employees to more than 10,000 employees; and from a Pacific Northwest company with locations in Oregon and Washington to a major regional grocery chain with locations in Washington, Oregon, California, Nevada and Arizona. Throughout its eight decades in business, the company has supported regional farms, ranches, fisheries and other businesses, creating a lasting and sustainable local food economy. The company remains focused on building local, sustainable food economies as it expands. For more information about what’s happening at Haggen, visit haggen.com, and get social with Haggen on FacebookTwitter and Instagram.

Media Contact
Deborah Pleva
deb@weinsteinpr.com
(503) 250-4750

 

Auntie Anne’s introduces newly expanded collection of yummy retail pretzel products just in time for National Pretzel Day on April 26

World’s Largest Pretzel Franchise “Ups the Auntie” with Expanded Line of Retail Products Just in Time for National Pretzel Day

LANCASTER, Pa., 2015-4-22 — /EPR Retail News/ — Twist and shout! Pretzel lovers everywhere have reason to rejoice this month! Auntie Anne’s – the world’s largest hand-rolled soft pretzel franchise – today announced the introduction of a newly expanded collection of yummy retail pretzel products just in time for National Pretzel Day on Sunday, April 26.

The line of irresistible at-home snacks is available in grocery and mass market stores nationwide, and now features new Auntie Anne’s Pretzel Pocket Sandwiches, which come in three mouthwatering varieties: Five Cheese, Ham & Cheese, and Cheese & Pepperoni.

“We are so proud to be sharing this news with Auntie Anne’s fans in time for National Pretzel Day,” said Kat Cole, group president of FOCUS Brands, parent company of Auntie Anne’s. “Our awesome fans appreciate convenience and wholesome, quality ingredients, so they will ‘eat up’ these new prepare-at-home products. The new retail line brings the fresh-baked taste and aroma we’re known for right into their kitchens.”

In addition to the new Pretzel Pocket Sandwiches, the frozen collection also includes the Auntie Anne’s original Soft Pretzels and Pretzel Nuggets – both in Classic and Cinnamon Sugar varieties – as well as the fan-favorite Pretzel Dogs. Auntie Anne’s grocery products will remind customers of the same delicious pretzels that are hand-crafted in-store every day. They can quickly be heated in the oven, toaster oven or microwave. Each box of original Soft Pretzels and Pretzel Nuggets comes with individual Pretzel Butter and Salt or Cinnamon Sugar packets for the ultimate in snack customization.

The expanded product line can be found at retailers like Target, HEB, Schnucks, Ingles, A&P, Weis, Shaw’s, Lowes Foods, Cub Foods, and Piggly Wiggly as well as select Costco regions, where consumers will be able to purchase Classic Soft Pretzels and Pretzel Dogs in a wholesale size. The soft pretzels, nuggets and pocket sandwiches retail for $3.99 a box and the pretzel dogs are priced at $5.79 (pricing may vary by retailer).

The iconic pretzel brand is also celebrating National Pretzel Day in stores by hosting a weekend-long celebration from April 24-26, during which they’ll be offering their “My Pretzel Perks” members a reward for a free Original or Cinnamon Sugar Pretzel. Auntie Anne’s fans must have the “My Pretzel Perks” app downloaded and registered by 11:59 p.m. EDT on April 23, 2015 to take part in the celebration.

For more information on Auntie Anne’s newly expanded retail line please visit the “More Auntie Anne’s” section of AuntieAnnes.com and be sure to follow Auntie Anne’s on Facebook, Twitter and Instagram for all the latest pretzel news and updates.

ABOUT AUNTIE ANNE’S
At its more than 1,600 locations around the world, Auntie Anne’s mixes, twists and bakes pretzels from scratch all day long in full view of guests. Auntie Anne’s can be found in malls, outlet centers, and Walmarts, as well as in non-traditional spaces including universities, airports, travel plazas, amusement parks, and military bases. In addition, it has extended the brand onto retailer’s shelves and also serves as a distributor for fundraising products. Available at select retailers nationwide, pretzel fans can enjoy Auntie Anne’s prepare-at-home products, from frozen Classic and Cinnamon Sugar Soft Pretzels and Pretzel Nuggets, to frozen Pretzel Dogs and Pretzel Pocket Sandwiches, to a versatile Pretzel Baking Kit. For more information, visit Auntie Anne’s website, Facebook pageTwitter or YouTube account.

Media Contact: 

Kaitlin Nonnenmocher
PR/Social Media Specialist
knonnenmocher@auntieannesinc.com
(717) 435-1612

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Auntie Anne’s introduces newly expanded collection of yummy retail pretzel products just in time for National Pretzel Day on April 26

Auntie Anne’s introduces newly expanded collection of yummy retail pretzel products just in time for National Pretzel Day on April 26

RILA: the retail industry leads the efforts to enhance cyber security and data security; makes massive investment in stores

The Retail Industry Highlights Efforts To Protect Consumers, Thwart Cyber Attacks

Arlington, VA, 2015-4-22 — /EPR Retail News/ — Over the past year the retail industry has led efforts to enhance cyber security and data security, starting with a massive investment in our stores.​
​​
​​Retailers Are Investing $8.65 Billion To Upgrade Payment Terminals. New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals.  (“Costly Shift To New Credit Cards Won’t Fix Security Issues,” Reuters, 3/3/15)

Retailers are building cross-industry alliances to work toward solutions that thwart cyber threats.

The Retail Industry Leaders Association (RILA) Joins With Financial Services Roundtable (FSR) In An Effort To Fight Hackers. Financial Services Roundtable is joining forces with the Retail Industry Leaders Association (RILA), the American Bankers Association, the National Restaurant Association, and other trade groups to launch a new working group.  Together the industries plan to combine their brain power to fight hackers and work with Congress on any new possible laws. (“Stores, Banks Team Up To Fight Hackers,” The Hill, 2/13/14)

Retailers are leading the fight for “chip-and-PIN” technology, which is the safest technology available today to protect against data breaches and fraud.

Including A PIN Can Make A Transaction Up To 700 Percent More Secure. A 2013 study by the Federal Reserve found that using PINs in debit card transactions reduced fraud by 700 percent. (“2011 Interchange Fee Revenue, Covered Issuer Costs, And Covered Issuer And Merchant Fraud Losses Related To Debit Card Transactions,” Federal Reserve, 3/5/13)

“Chip-And-PIN” Is A Tested Technology That The U.S. Needs To Employ. When defending against cyber-attacks, there are no silver bullets.  Instead, strong defenses rely on layers of protections.  Widespread migration to Chip-and-PIN is one of those very important layers.  Working across the payments ecosystem with merchants, card networks, banks and credit unions, we hope to achieve that goal and build for a more secure future for our shared customer, the American consumer. (“Chip-And-PIN Increases Cybersecurity,” The Hill, 10/21/14)

The retail industry has been at the forefront of cybersecurity – just last month the Retail Cyber Intelligence Sharing Center (R-CISC) launched a portal to speed up its ability to spread information in the face of rapidly escalating attacks on payment and other retail data.

A Retailer’s Group Formed To Share Cyberattack And Threat Information. Along with making it easier for retailers to report threat information that they uncover, the portal will allow retailers to receive intelligence from law enforcement, government agencies and key partners.  It’s also intended to help provide security education and research offerings for retailers. (“Retail’s Cybersecurity Center Adopts Intel-Sharing Portal,” PYMNTS, 3/26/14)

Retailers are working with Congress to craft new data breach and cyber security legislation that will inform and safeguard our customers.

Retailers Are Backing Strong Federal Data Breach Legislation To Protect Consumers.When attacks on consumer information are successful and will cause economic harm, retailers believe that their customers have the right to be notified as promptly as possible.  Retailers also believe that they have an obligation to provide customers with information that is as accurate and actionable as possible so that they can take steps to protect themselves.(RILA Outlines Key Elements Of Data Breach Legislation At Congressional Hearing, 1/27/15)

Retailers Support Legislation To Strengthen Info Sharing Tools With Law Enforcement.Retailers understand that defense against cyber-attacks must be an ongoing effort, evolving to addre​ss the changing nature of the threat.  RILA is committed to working with Congress to give law enforcement and retailers the tools necessary to thwart this unprecedented attack on the U.S. economy and bring the fight to cybercriminals around the globe. (RILA Outlines Key Elements Of Data Breach Legislation At Congressional Hearing, 1/27/15)

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Jason Brewer
Vice President, Communications & Advocacy
Phone: 703-600-2050
Email: jason.brewer@rila.org

Zara reopened its flagship in Copenhagen after an extensive refurbishment

The store is located on Vimmelskaftet St. at the heart of the historical centre of the city

COPENHAGEN, 2015-4-22 — /EPR Retail News/ — After an extensive refurbishment, Zara has reopened its global flagship in Copenhagen, introducing its latest image to Denmark. The new establishment, which shares Zara’s global store concept and interior design features with the chain’s flagship stores in other prominent cities such as New York, London, Paris and Shanghai, is located at no. 28 Vimmelskaftet in Stroget, the pedestrian street that runs through the historical centre of the Danish capital.

The store, with a commercial area of more than 2,000 square metres over four floors, occupies a building constructed in 1915 by the architect Philip Smidth as a department store. The refurbishment of the store, managed by the Zara’s architectural department, preserves the historical constructive elements of the original building. Its iconic position has made this property a sought-after commercial location from its inception through to today.

The essence of the Vimmelskaftet St. establishment is based on the four core principles which inspire the Zara global store concept: beauty, clarity, functionality and sustainability. The store as a whole prioritises contact with the customer. Its simplicity, accentuated by the presence of large white spaces which blur the limits between the ceiling and walls, creates a sensation of openness and freedom. The new store concept, dominated by a neutral and elegant palette, confers prominence on the collections and their uncluttered displays whose furniture textures evoke fabrics such as linen and silk.

Moreover, the store marks a new milestone in terms of the Group’s sustainability commitments, crystallised in the Sustainable Inditex 2011-2015 Plan, by incorporating all the green-building criteria of Inditex’s eco-efficient stores. The result is a store that consumes 30% less energy per annum than a conventional store and saves 50% more water.

Today Zara operates three stores in Denmark and since March 2011, Zara offers online shopping. Zara’s online platform sells the full range of women’s, men’s and children’s clothing that are also available in-store.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex

Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

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The new Zara store located on Vimmelskaftet St

The new Zara store located on Vimmelskaftet St

Delhaize Group publishes interactive Annual Report 2014 which outlines its accomplishments in 2014

Brussels, Belgium, 2015-4-22 — /EPR Retail News/ — Delhaize Group is pleased to announce the publication of the interactive Annual Report 2014 which outlines the Group’s accomplishments in 2014 and includes Delhaize Group’s financial statements.

The Annual Report includes the following sections:

  • An overview with key figures and an interview with Mats Jansson, Delhaize Group’s Chairman of the Board of Directors and Frans Muller, Delhaize Group’s President and Chief Executive Officer;
  • A strategy section which outlines the Group’s Strategic Framework and shows how the strategy provides a roadmap for how the Group delivers to customers and other key stakeholders;
  • A performance section which includes a segment overview and an overview of Delhaize Group’s global operations;
  • A corporate governance section, including remuneration report;
  • Financial statements and notes.

“Our Annual Report 2014 highlights our performance and underscores our commitment to deliver on our Purpose: to operate our customers’ preferred local supermarkets and work together to support that ambition.” stated Frans Muller, President and Chief Executive Officer of the Delhaize Group.

The report is available on the website http://annualreport.delhaizegroup.com/.

Delhaize Group
Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of 2014, Delhaize Group’s sales network consisted of 3 402 stores. In 2014, Delhaize Group recorded €21.4 billion ($29.4 billion) in revenues and €89 million ($118 million) net profit (Group share). At the end of 2014, Delhaize Group employed approximately 150 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

This press release is available in English, French and Dutch. You can also find it on the website http://www.delhaizegroup.com. Questions can be sent to investor@delhaizegroup.com.

Contacts

Investor Relations: +32 2 412 21 51
Media Relations: +32 2 412 86 69

 

JPMorgan Asset Management Holdings now owns less than 3% of Delhaize Group’s voting rights

BRUSSELS, Belgium, 2015-4-22 — /EPR Retail News/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that the total shareholding of its subsidiaries crossed below the threshold of 3% of the shares issued by Delhaize Group SA on April 13, 2015.

On April 16, 2015, JPMorgan Asset Management Holdings Inc. notified Delhaize Group that as of April 13, 2015 JPMorgan Asset Management Holdings Inc. owned through its various subsidiaries less than 3% of Delhaize Group’s voting rights.

The notification is available on our internet website under the section Corporate Governance.

Delhaize Group
Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of 2014, Delhaize Group’s sales network consisted of 3 402 stores. In 2014, Delhaize Group recorded €21.4 billion ($28.4 billion) in revenues and €89 million ($118 million) net profit (Group share). At the end of 2014, Delhaize Group employed approximately 150 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

This press release is available in English, French and Dutch. You can also find it on the website http://www.delhaizegroup.com. Questions can be sent to investor@delhaizegroup.com.

Contacts

Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669