CarMax opens 15,000 square-feet store in Warwick, its first in Rhode Island

Company Celebrates with Community Donations

RICHMOND, Virginia, 2015-6-16 — /EPR Retail News/ — CarMax (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first store in Rhode Island located at 153 Bald Hill Road in Warwick. The store is more than 15,000 square-feet, occupies more than 8 acres and stocks more than 300 used vehicles.

“We are excited that our growth has allowed us to bring the CarMax experience to the state of Rhode Island,” said Tom Folliard, president and CEO of CarMax. “Our team can’t wait to help local residents find their perfect vehicle.”

In celebration of the Warwick store opening, CarMax donated $5,000 to the YMCA of Cranston. The nonprofit was selected by local associates for its positive impact on the community by providing programs that help families and individuals seeking healthy lifestyles and wellness.

The CarMax Foundation also is providing a $10,000 grant to the Boys & Girls Club of Warwick. This grant will support the Norwood Branch’s Keystone Club, a character and leadership program for teens focusing on academic success, career preparation and community service. The CarMax Foundation has granted more than $25 million on behalf of associates across the country since 2003. In addition to the grant, 30 CarMax associates volunteered at the club where they repainted hallways and restrooms as the first of many future volunteer activities in the community.

“We have great admiration for these organizations and look forward to building relationships with community partners in the area,” said Ric Raposo, location general manager of the Warwick CarMax store. “Our associates take pride in our involvement in the communities where we live, work and play.”

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. We make the process more ethical, fair and transparent by offering a no-haggle, no-hassle experience and an incredible selection of CarMax Quality Certified vehicles. We spend an average of 12 hours putting each vehicle through a rigorous inspection and reconditioning process to meet our standards. In addition, we stand behind our vehicles with a 5-Day Money-Back Guarantee and a Limited 30-Day Warranty. CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our more than 50,000 vehicles nationwide. CarMax also takes the hassle out of selling your car by offering fast, commitment free appraisals – we’ll buy your car, even if you don’t buy ours. Shopping at CarMax is truly the way car buying should be.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE “100 Best Companies to Work For” for 11 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax currently operates 148 superstores in 75 markets. The CarMax consumer offer features low, no-haggle prices, a broad selection of CarMax Quality Certified used vehicles, and superior customer service. During the 12 months ending February 28, 2015, the company retailed 582,282 used cars and sold 376,186 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts

Michelle Ellwood, CarMax Public Relations
pr@carmax.com
Twitter: @CarMax, Facebook: facebook.com/CarMax

SPAR UK won the 2015 NACS Insight European Technology Implementation Award, sponsored by Verifone Inc.

​LONDON, 2015-6-16 — /EPR Retail News/ — SPAR UK has won the 2015 NACS Insight European Technology Implementation Award, sponsored by Verifone Inc. The award was presented during the NACS Insight Convenience Summit – Europe in London on June 11.

The award recognizes SPAR UK for excellence in the implementation of innovative and outstanding IT solutions within the convenience retailing industry. SPAR UK’s long-term technology investments are keeping pace with today’s sophisticated payment methods, such as chip and PIN, and maintain compliance with Payment Card Industry (PCI) standards. The company recognizes that secure, cost-effective payment solutions not only provide customers with piece of mind, but also enhance the SPAR brand by strengthening data security measures and delivering exceptional customer service. Founded in Holland in 1932 by Adriaan van Well, SPAR is the world’s largest international food retail chain, with 12,322 stores in 34 countries, and the United Kingdom’s leading convenience store group.

“Around the world retailers face daunting challenges related to the rapidly evolving payment landscape to keep up with changing regulations and consumer demands of today—and tomorrow—all while protecting consumers against the ever present threat of cybercriminals,” said Brad McGuiness, senior vice president of engineering for Verifone. “Verifone is honored to recognize SPAR UK for its forward-thinking use of technology, which is helping the company efficiently overcome these challenges while enhancing the customer experience.”

“SPAR genuinely deserves this European Technology accolade. Consumers are looking for more speed in everything they do and in order to capitalize on the opportunity this creates for our industry, independent convenience retailers need to be at the forefront of technology implementation,” said Dan Munford, managing director of Insight. “SPAR UK, with the close support of its leading wholesalers, is really doing a great job in giving retailers the technology they need to do their jobs.”

NACS President and CEO Henry Armour congratulated SPAR UK for its commitment to advancing technology best practices. “Key learnings from world-class peers such as SPAR help our global convenience retail community innovate and develop in the technology arena, driving operational efficiencies that deliver cost savings and exceeding customer expectations during their shopping occasions.”

Now in its second year, the NACS Insight Convenience Summit – Europe (conveniencesummit.com) brings together convenience and fuel retailing industry professionals from around the world to discuss new ideas and gain new commercial connections. This year’s event kicked off in Berlin on June 7 and ends on June 12 in London.

Note to editors: Images available upon request.

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Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 152,700 stores across the country, posted $696.1 billion in total sales in 2014, of which $482.6 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

Musgrave Group won the 2015 NACS Insight European Sustainability Retailer of the Year Award sponsored by The Coca-Cola Company

LONDON, 2015-6-16 — /EPR Retail News/ — Musgrave Group has won the 2015 NACS Insight European Sustainability Retailer of the Year Award, sponsored by The Coca-Cola Company. The award was presented during the NACS Insight Convenience Summit – Europe awards dinner in London on June 11.

The award recognizes Cork, Ireland-based Musgrave Group for its leadership in sustainable resource strategies and inspiring other businesses to implement sustainability initiatives of their own. Musgrave Group believes that sustainability also goes hand-in-hand with the overall health of the community. With a strong focus on environmental responsibility, the company continues to reduce its carbon footprint, reduce the amount of waste sent to landfill, minimize energy use and expand its use of renewable energy. Through the implementation of consistent sustainability policies and clear targets, Musgrave Group has developed an extremely impressive business model that encourages healthier living and enriches the lives of its customers.

“Focusing on sustainability not only helps protect our world and resources,it is also good for business,” said Ern Sherman, vice president of industry affairs for The Coca-Cola Company. “With this award, we are proud to recognize those who share our passion for making a lasting, positive difference for businesses and communities.”

“Musgrave richly deserves this European sustainability accolade,” said Dan Munford, managing director of Insight. “Consumers who do much of their shopping online are looking for a more compelling, differentiated and engaging retail proposition in bricks-and-mortar locations. The work Musgrave does with local producers and in local communities not only enriches lives, but also serves as a terrific point of differentiation for the business.”

NACS President and CEO Henry Armour congratulated Musgrave Group for its focus on sustainable business solutions. “The dedication Musgrave Group has shown to enhancing the communities and people it serves is a great example of sustainable and environmentally conscious best practices, and even more exciting is that we have the opportunity to share Musgrave’s endeavors with our global convenience retail community.”

Now in its second year, the NACS Insight Convenience Summit – Europe (conveniencesummit.com) brings together convenience and fuel retailing industry professionals from around the world to discuss new ideas and gain new commercial connections. This year’s event kicked off in Berlin on June 7 and ends on June 12 in London.

Note to editors: Images available upon request.

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Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 152,700 stores across the country, posted $696.1 billion in total sales in 2014, of which $482.6 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

Topaz Re.Store concept won the NACS Insight 2015 International Convenience Retailer of the Year Award

​LONDON, 2015-6-16 — /EPR Retail News/ — Topaz has won the NACS Insight 2015 International Convenience Retailer of the Year Award for its Re.Store convenience forecourt concept. The award, sponsored by Imperial Tobacco Group, was presented during the NACS Insight Convenience Summit – Europe in London on June 11.

With more than 330 locations across the country, Topaz is Ireland’s largest fuel and convenience brand. Topaz opened its Re.Store concept at its Manor Stone Ballacolla forecourt, located at junction 3 on the M8 Dublin to Cork Motorway, in January 2015.

“In an increasing number of markets, convenience and fuel retail stores are our main link to consumers and they play a vital role in helping us build brand equity,” said Ramon Kuijpers, international key accounts manager at Imperial Tobacco Group. “We want to recognize these stores for their professional support and for putting the shopper at the heart of their business in a challenging and competitive environment. Simply put, at the end of the day it all happens on the shop floor and that is why we feel passionately about this award and have sponsored it for the last seven years.”

Competition for this year’s Convenience Retailer of the Year Award was incredibly strong, with nine extraordinary companies – four from Ireland, two from the United Kingdom, and one each from Norway, Switzerland and Argentina – selected by convenience and fuel retailing industry peers as finalists.

“Judging the winner this year was very challenging in such a competitive field. Topaz is looking to redefine convenience retailing with this new format and I genuinely feel it deserves the accolade ‘next generation.’ Thanks to the scale of its recent capital investments, Topaz has not simply built one stunning flagship store; it is rolling it out at considerable pace,” said Dan Munford, managing director of Insight.

Since opening its doors six months ago, food accounts for a significant portion of Re.Store’s sales. Customers can choose from a variety of fresh options such as salads and sandwiches, as well as gluten-free foods and protein-rich porridge pots. The store’s coffee program, complete with trained baristas, is also a key contributor to Re.Store’s bottom line, accounting for one third of coffee sales.

Henry Armour, president and CEO at NACS, said: “Topaz demonstrates that great, nutritious and healthy foods are meeting today’s shopper needs along with traditional convenience store offers. This is a movement taking shape across the globe and we are thrilled that companies such as Topaz are leading the way.”

Since 2009, the NACS Insight International Convenience Retailer of the Year Award has recognized excellence in convenience and forecourt retailing on an international stage and celebrates the best convenience retail formats from around the world. Retailers are judged across key criteria including format innovation, range, people development, customer service initiatives, corporate social responsibility, technology and results.

Now in its second year, the NACS Insight Convenience Summit – Europe (conveniencesummit.com) brings together convenience and fuel retailing industry professionals from around the world to discuss new ideas and gain new commercial connections. This year’s event kicked off in Berlin on June 7 and ends on June 12 in London.

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Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 152,700 stores across the country, posted $696.1 billion in total sales in 2014, of which $482.6 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

Gap Inc. to host investment meeting on June 16, 2015 at its headquarters in San Francisco

SAN FRANCISCO,  2015-6-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that it will host a meeting for the investment community on Tuesday, June 16, 2015 at its headquarters in San Francisco. A live webcast of the presentations will take place from approximately 9:00 a.m. to 12:00 p.m. Pacific Time.

The following Gap Inc. executives will provide updates on corporate and brand strategies:

  • Art Peck, Chief Executive Officer
  • Sabrina Simmons, Executive Vice President and Chief Financial Officer
  • Jeff Kirwan, Global President, Gap
  • Stefan Larsson, Global President, Old Navy
  • Andi Owen, Global President, Banana Republic

A live webcast will be accessible on Gap Inc.’s Financial News and Events page at www.gapinc.com/investors. In addition, audio of this meeting can be accessed by calling 1-855-5000-GPS or 855-500-0477 for domestic callers and 913-643-0954 for international callers. The conference passcode is 9911599. A replay of this event will be available on www.gapinc.com.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2014 net sales were $16.4 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,300 company-operated stores, over 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.