ALDI to host hiring events throughout the United States during the month of August for more than 2,500 positions

Grocery Leader Offers Valued Jobs with Generous Compensation

Batavia, Ill., 2015-8-7— /EPR Retail News/ — ALDI, the nation’s low-price grocery leader*, will host hiring events throughout the United States during the month of August for more than 2,500 positions, a significant step toward achieving its goal of creating 10,000 new jobs by the end of 2018. With more than 1,400 stores in 32 states, ALDI has Store Associate, Shift Manager and Manager Trainee roles available, offering wages higher than the national average for the retail industry.

Employing approximately 20,000 people in the US, ALDI maintains a long track record as an employer of choice, offering generous wages and benefits, as well as frequent pay increases commensurate with time of service. ALDI employees averaging 25 hours per week are eligible for full health insurance benefits and dental coverage. Additionally, all employees are offered the opportunity to participate in the company’s 401(k) program, in which ALDI makes annual matching contributions.

ALDI is in the midst of its strategic plan to open 650 new locations across the country, bringing its total number of US stores to nearly 2,000 coast-to-coast by the end of 2018. ALDI will open its first stores in Southern California in March 2016. Local hiring events begin in September 2015, creating more than 1,100 quality jobs by the end of 2016 for its new stores, as well as at the company’s regional headquarters and warehouse in Moreno Valley, Calif.

“As we continue to expand and meet increased demand for high-quality, fresh groceries at a great value, these hiring events are critical to finding the best possible talent to serve our customers,” said Jason Hart, CEO, ALDI US. “We firmly believe that our employees are the key to our success and their commitment to customer service is one of the reasons why we’re growing at an accelerated pace. To attract and retain the best talent, we have a strong track record of being an employer of choice, rewarding our employees for their continued service and promoting from within.”

For details regarding local hiring events, including dates, locations, open positions and salary information, please visit www.ALDIstorejobs.com/events or checkout our ALDI Career Facebook page www.facebook.com/ALDIUSACareers.

About ALDI Inc. A leader in the grocery retailing industry, ALDI operates more than 1,400 US stores in 32 states, primarily from Kansas to the East Coast. More than 30 million customers each month save up to 50 percent** on their grocery bills, benefiting from the ALDI simple and streamlined approach to retailing. ALDI sells more than 1,300 of the most frequently purchased grocery and household items, primarily under its exclusive brands, which must meet or exceed the national name brands on taste and quality. ALDI is so confident in the quality of its products, the company offers a Double Guarantee: If for any reason a customer is not 100 percent satisfied with any ALDI food product, ALDI will gladly replace the product and refund the purchase price. ALDI was named the 2014 Retailer of the Year by Store Brands Magazine for its strong commitment to value and innovation-focused private brand product development. For more information about ALDI, visit www.aldi.us.

*According to a survey of more than 6,000 consumers conducted in March 2014 by Market Force Information.
**Based upon a price comparison of comparable products sold at leading national retail grocery stores.

Contact:

Ebonne Just                                  Kristin Petersen
(312) 988-2114 (312)                  988-2304
EJust@webershandwick.com     KPetersen@webershandwick.com

The Home Depot® announces the appointment of Gerard J. Arpey to the company’s board of directors

ATLANTA, 2015-8-7— /EPR Retail News/ — The Home Depot®, the world’s largest home improvement retailer, today announced the appointment of Gerard J. Arpey to the company’s board of directors. Arpey will serve on the company’s Finance Committee and its Nominating and Corporate Governance Committee. His appointment gives the company 11 directors, 10 of whom are independent.

Arpey is the former CEO and chairman of AMR Corporation and American Airlines. His nearly 30-year career with American Airlines also included service as its President and Chief Operating Officer, senior vice president of Finance and Planning, and Chief Financial Officer. He is currently a partner in Emerald Creek Group, LLC, a private equity firm based in Southern California, which he joined in 2012 following his retirement from AMR.

Arpey currently serves on the board of directors of S.C. Johnson & Son, Inc., a privately-held company. He is also a trustee of the American Beacon Funds and a member of The Business Council.

“I’m pleased to welcome Gerard to our board, where his extensive experience in organizational management, strategy and finance will serve our company and shareholders well,” said Craig Menear, chairman, CEO and president.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,270 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2014, The Home Depot had sales of $83.2 billion and earnings of $6.3 billion. The Company employs more than 370,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Financial Community, Diane Dayhoff, Vice President, Investor Relations, 770-384-2666, diane_dayhoff@homedepot.com, News Media, Stephen Holmes, Director, Corporate Communications, 770-384-5075, stephen_holmes@homedepot.com

Dennis & Mireille Gillings Foundation joins forces with Walgreens Boots Alliance to help fight cancer; donates €1 million to EORTC Research Fund

Brussels, Belgium, 2015-8-7— /EPR Retail News/ — The Dennis & Mireille Gillings Foundation has pledged €1 million to the European Organisation for Research and Treatment of Cancer (EORTC) Research Fund to help fight cancer, particularly breast cancer. Part of the donation will support the SPECTAcolor Biobank, a tumour tissue sample Biobank and biomarker analysis platform for genetic profiling of patients suffering from advanced cancer. In supporting this Biobank, the Dennis & Mireille Gillings Foundation will join forces with Walgreens Boots Alliance, which has a long-term partnership with the EORTC Cancer Research Fund.

The aims of the EORTC are to develop, conduct, coordinate, and stimulate translational and clinical research in Europe to improve the management of cancer and related problems by increasing survival but also patient quality of life. Among its initiatives is a breast cancer group whose goal is to carry out high quality international clinical trials.

Ornella Barra, Executive Vice President of Walgreens Boots Alliance and President and Chief Executive of Global Wholesale and International Retail, who oversees corporate responsibility at the Company, commented: “We warmly thank the Dennis & Mireille Gillings Foundation for its kind donation, which will greatly help support the Biobank in its efforts to prolong and save lives of colorectal cancer patients. Corporate Social Responsibility is at the heart of what we do at Walgreens Boots Alliance and we are committed to making a positive and lasting difference to the wellbeing of the communities we serve.”

“We are making powerful inroads in the fight against breast, colon and other cancers,” said Mireille Gillings, Ph.D., trustee of the Dennis & Mireille Gillings Foundation. “This donation will continue to build momentum as we strive to develop cancer cures within a generation.”

“Warmest thanks to Mireille and Dennis for this generous donation, and for their visionary philanthropy,” said Denis Lacombe, Director General of the EORTC. “This donation will significantly advance the Biobank, which has the ultimate goal of enabling better access to new treatment options.”

– ENDS –
Notes to Editors:

About the EORTC
The European Organisation for Research and Treatment of Cancer (EORTC) brings together European cancer clinical research experts from all disciplines for trans-national collaboration.  Both multinational and multidisciplinary, the EORTC Network comprises more than 2,500 collaborators from all disciplines involved in cancer treatment and research in more than 300 hospitals in over 30 countries.

Through translational and clinical research, the EORTC offers an integrated approach to drug development, drug evaluation programs and medical practices.  EORTC Headquarters, a unique pan European clinical research infrastructure, is based in Brussels, Belgium, from where its various activities are coordinated and run.

The EORTC Cancer Research Fund was established as an international association with the specific aim of obtaining funds for the support of the activities of the EORTC.
www.eortc.org.

About The Dennis & Mireille Gillings Foundation
The Dennis & Mireille Gillings Foundation was created with the mission of accelerating progress in global public health. Through the Foundation, Dennis Gillings, PhD, CBE, and Mireille Gillings, Ph.D., support various projects, including global public health fellowships and research involving cancer, precision medicine and thrombosis.

About Walgreens Boots Alliance
Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise in the world.

The company was created through the combination of Walgreens and Alliance Boots in December 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.

The company employs over 370,000* people and has a presence in more than 25* countries; it is the largest retail pharmacy, health and daily living destination in the USA and Europe. Including its equity method investments, Walgreens Boots Alliance is the global leader in pharmacy-led, health and wellbeing retail with over 13,200* stores in 11* countries. The company includes one of the largest global pharmaceutical wholesale and distribution networks with over 350* distribution centers delivering to more than 200,000** pharmacies, doctors, health centers and hospitals each year in 19* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Botanics and Soap & Glory. More company information is available at www.walgreensbootsalliance.com.

* As at 31 May 2015 including equity method investments
** For 12 months ended 31 May 2015 including equity method investments

 

Media Relations Contact
International / Laura Vergani – Julie Longton +44 (0)207 980 8585

Netflix to premiere the original documentary Winter on Fire: Ukraine’s Fight for Freedom, directed by Evgeny Afineevsky, on October 9, 2015

Captivating Film Profiles Ukrainian Youth Movement and the Nation’s Struggle for Freedom

Beverly Hills, Calif., 2015-8-7— /EPR Retail News/ — Netflix, the world’s leading Internet TV network, will premiere the original documentary Winter on Fire: Ukraine’s Fight for Freedom, directed by Evgeny Afineevsky, on Friday, October 9, 2015 exclusively to Netflix members worldwide.

Chronicling events that unfolded over 93 days in 2013 and 2014, Winter on Fire: Ukraine’s Fight for Freedom witnesses the formation of a new civil rights movement in Ukraine. What started as peaceful student demonstrations supporting European integration morphed into a full-fledged violent revolution calling for the resignation of the nation’s president. The film captures the remarkable mobilization of nearly a million citizens from across the country protesting the corrupt political regime that utilized extreme force against its own people to suppress their demands and freedom of expression.

The harrowing documentary is set to make its world premiere at the 72nd Venice Film Festival in September.

“Evgeny has assembled a cinematic tribute to the heroism, spirit and determination of the Ukrainian people,” said Lisa Nishimura, Netflix VP of Original Documentary Programming. “We are honored to provide a global platform for him to share his powerful narrative.”

“While we were filming unfathomably brutal attacks by the police on unarmed citizens, we weren’t thinking about how to get the best shots, only the importance of showing the ways in which the movement would forever change the country and the lives of its participants,” said director Evgeny Afineevsky. “We’re pleased that Netflix is enabling us to share the hard truth and shocking reality of this historical event with the rest of the world.”

The Winter on Fire: Ukraine’s Fight for Freedom filmmakers investigated the escalating political crisis in Ukraine from directly within the conflict zone. At the onset of demonstrations, they were there to record the special forces who were deployed to disperse the crowds, beating and seriously injuring hundreds of protesters. It was this moment that ultimately gave rise to mass protests and large-scale civil unrest in the country. In response, millions of Ukrainians rallied together to fight against the police state. Through interviews with protesters, activists, journalists, medical workers, artists and clergy representing multiple generations, social classes, nationalities and faiths, including a twelve-year old volunteer, the film tells the story of a diverse movement that self-organized towards one common goal, that stood their ground in the midst of extreme bloodshed, despair and the harshest of conditions.

Winter on Fire: Ukraine’s Fight for Freedom is Evgeny Afineevsky’s third feature documentary. He has produced over ten feature and short films, including the 2002 adaptation of Crime & Punishment, starring Vanessa Redgrave, Crispin Glover, John Hurt and Margot Kidder. He also produced and directed numerous TV projects. His feature directorial debut, Oy Vey! My Son is Gay! has garnered numerous awards at film festivals globally.

The Netflix original documentary Winter on Fire: Ukraine’s Fight for Freedom is produced by Netflix, Afineevsky – Tolmor Production, UkrStream.TV and SPN Production, in association with Passion Pictures, Campbell Grobman Films and Rock Paper Scissors Entertainment. The film is produced by Evgeny Afineevsky and Den Tolmor. John Battsek, Lati Grobman, Christa Campbell, Lisa Nishimura, Adam Del Deo, Angus Wall, David Dinerstein, Andrew Ruhemann, Dennis L. Kogod, Nadine Khapsalis Kogod and Bohdan Batruch serve as Executive Producers.

About Netflix:
Netflix is the world’s leading Internet television network with over 65 million members in over 50 countries enjoying more than 100 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Media Contact:
Elektra Gray
Netflix PR
egray@netflix.com
424-363-3440

Colruyt Group and its partners in the purchasing group CORE join the oldest European retail alliance Alidis

HALLE, Belgium, 2015-8-7— /EPR Retail News/ — Colruyt Group and its current partners of the purchasing group CORE (the Swiss Coop and Italian Conad) combined their forces with the oldest European retail alliance Alidis. The “Alliance Internationale de Distributeurs” is composed of the German Edeka, the Spanish Eroski and the French Groupement des Mousquetaires, and will be the largest strategic alliance in Europe with the three new members. The affiliated retailers will be able to offer their customers an even more varied product range and more value for their money. The concentration of forces also opens new perspectives in terms of growth and synergy for the six partners and for their suppliers. The operation has yet to be approved by the competition authorities.

Added value for consumer, supplier and distributor
The six members of Alidis are worth a combined annual turnover of 140 billion euros. “Thanks to the larger purchasing volumes, Colruyt Group will certainly be able to offer the consumer added value”, Frans Colruyt, COO Retail at Colruyt Group, says. “I think of more innovation and variety in the products on offer and an even better price/quality ratio, both for our private labels and for the international brands.”

Moreover, the reinforced grouping sees new possibilities for its suppliers. They can gain access to new markets and thus generate volume growth. In addition, they will be able to spread their investments in for instance innovation or marketing campaigns across several countries.

Finally, the strategic alliance also offers growth potential for the members themselves. Frans Colruyt: “By exchanging knowledge and experience, synergies can develop in working on and in domains such as technology, sustainability, quality and store concepts. Together, we can also react better to the fast evolutions that put the retail sector under pressure today. And the production facilities of the different partners can gain a few extra market opportunities in the long run.”

Strong position in the domestic markets
The Alidis alliance was founded in 2002 by the French Groupement des Mousquetaires and Spanish Eroski Group and was joined in 2005 by the German Edeka Group. With Colruyt Group, the Swiss Coop and Italian Conad joining them, Alidis becomes the most important alliance of independent retailers in Europe. “In addition to the substantial total purchasing volume, the strength of the alliance is certainly also in our joint strategic long-term vision”, Frans Colruyt explains.

The six retail groups have a strong market position and many-branched store network in eight countries: Belgium, France, Germany, Spain, Italy, Switzerland, Poland and Portugal.

More information:
Chris Tournicourt
chris.tournicourt@colruytgroup.com
+32 (0)2 360 10 40
+32 (0)471 73 88 01

Coop tritt gemeinsam mit Conad und Colruyt der strategischen Einkaufsallianz ALIDIS bei

Allianz zwischen Coop, Colruyt, Conad, EDEKA, Eroski und Groupement des Mousquetaires

BASEL, Switzerland, 2015-8-7— /EPR Retail News/ — Coop und die übrigen Partner der bisherigen Einkaufsallianz Core (Colruyt, Belgien; Conad, Italien) treten der Einkaufsallianz ALIDIS bei. ALIDIS ist mit ihren Mitgliedern EDEKA (Deutschland), Groupement des Mousquetaires (Frankreich) und Eroski (Spanien) die älteste Beschaffungs- und Marketingallianz von Detailhandelsunternehmen in Europa.

Sechs führende europäische Detailhandelsunternehmen haben sich in der Allianz ALIDIS zusammengeschlossen, um sich angesichts des zunehmenden Wettbewerbs und der Herausforderungen im Detailhandel optimal für die Zukunft aufzustellen. ALIDIS (Alliance Internationale de Distributeurs) wurde 2002 von Groupement des Mousquetaires und Grupo Eroski gegründet. 2005 stiess die EDEKA-Gruppe hinzu. Neu treten Coop, Colruyt und Conad der Einkaufsallianz ALIDIS bei. Der Beitritt erfolgt vorbehältlich der Zustimmung der Wettbewerbsbehörde.

ALIDIS wird zur wichtigsten internationalen Allianz in Europa
Mit diesem Beitritt wird ALIDIS zur wichtigsten internationalen Allianz in Europa. Die Allianz zwischen den sechs führenden Anbietern in ihren jeweiligen Märkten ist in acht Hauptmärkten präsent (Belgien, Deutschland, Frankreich, Italien, Polen, Portugal, Schweiz und Spanien). Insgesamt erzielen die Partner einen Umsatz von 140 Milliarden Euro und betreiben 23’000 Verkaufsstellen. Die Zusammenarbeit verfügt damit über ein solides Fundament und beruht auf einer langfristig angelegten gemeinsamen Vision.

ALIDIS – Mehrwert für Konsumenten und Lieferanten
«Coop und ihre Allianz-Partner können mit dem Beitritt zu ALIDIS ihre Kräfte bündeln. Für unsere Kundinnen und Kunden heisst das: Noch mehr Vielfalt, noch mehr Kompetenz und ein noch attraktiveres Preis-Leistungs-Verhältnis», so Joos Sutter, Vorsitzender der Geschäftsleitung von Coop.
Die Allianz bietet den Partnern auch die Chance, durch Best Practices und Know-how-Austausch in Bereichen wie Verkaufsstellen- und Logistikkonzepten, Markttrends sowie Nachhaltigkeit voneinander zu profitieren. Der Zusammenschluss eröffnet den Lieferanten neue Marktzugänge und Wachstumspotenziale und sie können auf internationaler Ebene Dienstleistungen in Anspruch nehmen (Innovationsunterstützung, Aktivitäten usw.).

Allianzpartner

Bisherige Partner:
• EDEKA-Gruppe (Deutschland): EDEKA, eines der führenden Unternehmen im deutschen Lebensmitteleinzelhandel, schloss sich ALIDIS im Jahr 2005 an. Die rund 4’000 selbstständigen Detailhändler bilden die Basis des Unternehmenserfolgs. Mit dem Tochterunternehmen Netto Marken-Discount setzt EDEKA darüber hinaus erfolgreiche Akzente im Discountgeschäft. Die Gruppe erzielte 2014 mit ihren rund 11’500 Märkten einen Jahresumsatz von 47,2 Milliarden Euro.

• Grupo Eroski (Spanien): Die spanische Einzelhandelsgenossenschaft ist über die Eroski-Hypermärkte, die unter dem Namen Eroski Center und Eroski City betriebenen Supermärkte, die Caprabo-Supermärkte und über die IF-Parfümeriekette am Markt präsent. Sie verfügt über 1’897 Verkaufsstellen und erwirtschaftet einen Umsatz von 6,1 Milliarden Euro.

• Groupement des Mousquetaires (Frankreich): Mit sechs Einzelhandelsmarken (Intermarché, Netto, Bricomarché, Brico Cash, Roady und Poivre Rouge), mehr als 3’550 Verkaufsstellen in ganz Europa und einem 2014 erzielten Jahresumsatz von 40,1 Milliarden Euro ist Groupement des Mousquetaires ein wichtiger Akteur im Einzelhandelssektor. Die Gruppe ist in Frankreich, Portugal, Belgien, Polen und Serbien präsent.

Neue Partner:
• Colruyt (Belgien): Mit ihren rund 420 eigenen und mehr als 430 angeschlossenen Geschäften in Belgien verzeichnete die Colruyt Group 2014/2015 einen Umsatz von 8,9 Milliarden Euro. Das Einzelhandelsunternehmen ist auch im Lebensmittelhandel, Kraftstoffvertrieb, Digitaldruck, Dokumentenmanagement und in der Produktion von Ökostrom tätig.

• Conad (Italien): Mit ihren Hypermarkets, Supermarkets, Superstores und Convenience Stores, ihren Marken Conad und Sapori&Dintorni sowie ihrem diversifizierten Geschäft in den Segmenten Tankstellen (mehr als 30 Einheiten) und Drogerien (über 100 Läden) verfügt die italienische Einzelhandelsgruppe über mehr als 3’000 Läden und erzielt einen Umsatz von 11,7 Milliarden Euro. Die Gruppe ist in Italien, Albanien und Malta präsent.

• Coop (Schweiz): Die Coop-Gruppe betreibt 2’170 Verkaufsstellen und erwirtschaftete 2014 einen Gesamtumsatz von 26,8 Milliarden Euro (28,2 Milliarden Franken). Sie besitzt verschiedene Fachformate aus den Bereichen Food, Non-Food und Dienstleistungen. Mit der Transgourmet-Gruppe ist Coop das zweitgrösste Unternehmen im europäischen Abhol- und Belieferungsgrosshandel.

Kontaktpersonen

Denise Stadler, Leiterin Medienstelle
Tel. +41 61 336 71 10

Ramón Gander, Mediensprecher
Tel. +41 61 336 71 67

Urs Meier, Mediensprecher
Tel. +41 61 336 71 39

Nadja Ruch, Mediensprecherin
Tel. +41 61 336 71 87

METRO GROUP supervisory board proposes Barry Callebaut CEO Jürgen Steinemann as the next board chair

Düsseldorf, Germany, 2015-8-7— /EPR Retail News/ — Düsseldorf-headquartered METRO GROUP is facing a change at the helm of its Supervisory Board: the three largest shareholders of the company, Haniel, Schmidt-Ruthenbeck and Beisheim, as well as the current Supervisory Board ofMETRO AG are backing the succession plan of Supervisory Board Chairman Franz Markus Haniel, who decided to step down from his office after the next Annual General Meeting in February 2016. Jürgen Steinemann, currently CEO ofBarry Callebaut, shall be proposed as his successor. Steinemann is to join the METRO AG Supervisory Board already in September 2015 since Dr. Wulf H. Bernotat decided to resign from his office as a Supervisory Board member.

The reappointment of the Supervisory Board Chairman is to be seen against the backdrop of Haniel’s stake reduction and the termination of the so-called pool agreement between shareholders Haniel and Schmidt-Ruthenbeck in October 2014. Under this agreement, both owner families had originally pooled their voting rights but then separated them again with the aim of simplifying and unbundling the holding structures. “Following the stake reduction and the termination of the pool agreement, I would like to open up the opportunity for putting the chair of the Supervisory Board into the hands of an independent, external representative”, said Franz Markus Haniel. “With Mr. Steinemann, we have found a highly competent and successful personality who will actively support the Management Board of METRO AG on the Supervisory Board and who can provide valuable impulses based on his vast experience”.

The Haniel Group will continue to be represented on the Supervisory Board of METRO AG by Dr. Florian Funck, CFO ofFranz Haniel & Cie. GmbH. “The history of Metro and Haniel has been closely intertwined for more than 50 years and nothing will change in this respect in the future”, said Haniel. “As a member of the Supervisory Board, Dr. Funck will continue to intensively work towards a successful further development of METRO GROUP together with the Management Board. In the same way, the Haniel Group will continue to be a shareholder of METRO AG also in the long-term perspective and thereby participate in the company’s success.”

Franz Haniel & Cie., in addition to Schmidt-Ruthenbeck and Beisheim, belong to the group of co-founders of Metro. The family equity company with head office in Duisburg has gradually reduced its roughly 34 per cent stake in the Düsseldorf-based retailing group and plans to further bring down its shareholding in the company to around 20 per cent until 2020 within the scope of an exchangeable bond. “At this size, the Metro stake will then have an appropriate weighting in the portfolio of Franz Haniel & Cie.”, said Haniel.

Haniel has served as Chairman of the Supervisory Board of METRO AG since April 2012 and already held this office before from 2007 to 2010. He plans to resign from the Supervisory Board with effect from the close of the Annual General Meeting of METRO AG in February 2016 and at the same time propose Steinemann as his successor.”Jürgen Steinemann has an impressive track record of 25 years in management positions at the key interfaces between manufacturers, suppliers and retailers worldwide”, said Haniel. “His sound international experience and entrepreneurial spirit will greatly benefit the Supervisory Board of METRO AG.”

Steinemann has been serving as CEO of Barry Callebaut, the world’s largest producer of chocolate and cocoa products based in Zurich, since 2009. He will retire from this function in late September 2015 as scheduled, but will remain associated with the company in the function of Vice Chairman of the Board. The 56 year-old manager is also non-executive member of the Board of Directors of Lonza Group AG, Switzerland. Before joining Barry Callebaut, Steinemann served in various management positions at Nutreco, Unilever and Eridania Béghin-Say.

Upon his court appointment, Steinemann shall succeed Bernotat, who has served on the Supervisory Board ofMETRO AG since 2003. “We thank Dr. Bernotat for his many years of dedicated and successful work on the Board”, said Haniel. “During his term of office he has accompanied and contributed to shaping significant changes at METRO GROUP.He was at all times a trustful advisor to the Management Board. The Supervisory Board and Management Board ofMETRO AG have greatly benefitted from his excellent management expertise”.

METRO AG will apply for a court appointment of Mr. Steinemann limited until the close of the Annual General Meeting on19 February 2016. The vote of the Annual General Meeting will then decide about his further membership on the Supervisory Board of METRO AG.

METRO GROUP is one of the most important international trading companies. In the financial year 2013/14, it generated sales of about €63 billion. The company operates around 2,200 stores in 30 countries and has a headcount of around 250,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments: METRO/MAKRO Cash & Carry – the international leader in self-service wholesale -, Media Markt and Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

###

METRO GROUP acquires the Classic Fine Foods Group from private equity firm EQT

  • Acquisition strengthens METRO GROUP’s wholesale operations – dedicated Food Service Distribution (FSD) business as a growth driver
  • Classic Fine Foods provides access to premium FSD markets in high growth Asian mega cities and Middle East
  • With Classic Fine Foods, wholesale market presence expands from 26 to 36 countries
  • Further growth potential by expanding Classic Fine Foods to selected European METRO Cash & Carry markets

Düsseldorf, Germany, 2015-8-7— /EPR Retail News/ — The Düsseldorf-based retailing company METRO GROUP has acquired the Classic Fine Foods Group (CFF) from private equity firm EQT. CFF is a leading premium food service distribution (FSD) player headquartered in Singapore, serving high-end hotels and restaurants in Asian mega cities and Middle East. The acquisition strengthens METRO GROUP’swholesale subsidiary METRO Cash & Carry with dedicated FSD capabilities. It provides access to growth and value creation potential in the attractive premium FSD markets. The transaction covers the operations and all fixed assets of CFF for an enterprise value of $290 million plus an earn-out of up to $38 million depending on the EBITDA performance in 2015 to 2017.

“METRO Cash & Carry aims to strongly expand its FSD operations. With the acquisition of CFF we strengthen our value proposition and enlarge our wholesale market presence fuelling future sales and earnings growth”, said Olaf Koch,Chairman of the Management Board of METRO AG. Pieter Boone, CEO of METRO Cash & Carry, added: “With Classic Fine Foods, we found the perfect partner to expand in high growth Asian FSD markets. CFF has a strong market position and a unique exposure to Asian mega cities and Middle East. CFF partners with some of the world’s most sought after fine food producers and has excellent customer relationships in the high margin premium Hotels, Restaurants and Caterers (HoReCa) segment. The acquisition boosts our FSD capabilities widening the services for our HoReCa customers.”

“During EQT’s ownership, Classic Fine Foods extended into new product categories, initiated relationships with new suppliers, entered new geographies, for instance China, and institutionalized best practices in areas including procurement. The size of the business has doubled and we are pleased that a number of local companies have developed into a coherent group that is a clear leader within fine food services. We believe METRO will be an excellent new home where Classic Fine Foods will be able to enter its next phase of growth,” said Simon Griffiths, Partner at EQT Partners, Investment Advisor to EQT Greater China II.

The FSD potential in the market for HoReCa is substantial: A growing number of HoReCa professionals prefer to have their orders delivered especially in Asian mega cities and Middle East. “We have already successfully established our own FSD activities in markets such as China, Germany and Russia. By expanding the business activities of CFF to selected European METRO Cash & Carry markets we better tap the FSD growth potential in those markets”, said Koch. “Furthermore, we strive for joining forces with CFF by utilising METRO Cash & Carry’s assortment and its suppliers.”

In order to generate even more customer value, Fred Barnes, METRO Group Director FSD, will – in addition to his current role – become the Chairman of the Supervisory Board of CFF; in this role, he will work closely together with CFF’s outstanding Management Team. Fred Barnes, who was the former CEO of Bidvest Europe and Middle East, a leading international FSD player, has a substantial experience in FSD from which both CFF and METRO will benefit.

“I really look forward to working with METRO, especially to help us expand in Japan and China and in new countries where we are not present”, said Fergus Balfour, CEO of Classic Fine Foods.

CFF’s geographical footprint covers 25 cities predominantly Asian (e.g. Singapore, Dubai, Hong Kong, Bangkok, Kuala Lumpur, London, Ho Chi Minh City and Jakarta) across 14 countries. This will increase METRO Cash & Carry’s presence from 26 to 36 countries. CFF’s business comprises sourcing and procurement, import and export, storage and handling, marketing and distribution of high-end fine foods products such as dairy, meat, pastry, seafood, high quality perishables, condiments, pasta and dry products. By directly distributing international and mostly European premium brands CFF serves the daily needs of HoReCa customers like five-star hotels and high-end restaurants in Asian mega cities and Middle East. Additionally, the company serves airlines, supermarket chains and delicatessen stores. CFF employs approximately 800 people, generates annual sales of more than $200 million and is highly profitable.

CFF has its own distribution and warehousing network across the cities it serves. This enables the company to offer highly flexible delivery schedules. Products are sourced and stored in CFF’s network of warehouses through third-party providers and are distributed using CFF’s fleet of vehicles or external drivers to meet peak demand. After being acquired by METRO GROUP, CFF will remain largely independent, maintaining its own sourcing base and distribution network.

 

METRO GROUP is one of the largest and most important international retailing companies. In the financial year 2013/14 it generated sales of around €63 billion. The company operates around 2,200 stores in 30 countries and has a headcount of around 250,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments: METRO/MAKRO Cash & Carry – the international leader in self-service wholesale – Media Markt and Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

EQT is a leading private equity group in Europe, with portfolio companies across Europe, Asia and the US with total sales of more than EUR 17 billion and approximately 140,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

###

Nordstrom to open its third Canadian location in the heart of downtown Vancouver at Pacific Centre on September 18

VANCOUVER, BRITISH COLUMBIA, 2015-8-7— /EPR Retail News/ — Nordstrom will open its third Canadian location in the heart of downtown Vancouver at Pacific Centre on Friday, September 18 at 9:30 a.m. Customers are invited to preview the new 230,000 square-foot flagship store during a BFF Event on September 11-12, and a Beauty Bash on September 18. Nordstrom is proud to partner with the Canadian Breast Cancer Foundation – BC/Yukon Region (CBCF) for these events. For more store opening information, please visit www.nordstrom.com/vancouver.

NORDSTROM BFF (BEAUTY + FIT + FRIENDS) EVENT
Friday, September 11, 2015
11 a.m. to 7 p.m.
Saturday, September 12, 2015
10 a.m. to 3 p.m.
Be one of the first to see the new Nordstrom Pacific Centre flagship store before it opens to the public and explore some of the special services the store has to offer. Get your makeup done by one of our artists. Learn the latest tips and tricks from the biggest names in beauty. Plus, find the perfect bra with help from our certified fitters during this two-day event. For every bra you purchase from a participating brand, $2 will be donated to the Canadian Breast Cancer Foundation – BC/Yukon Region. Nordstrom and participating brands will make a minimum donation of $5,000 to the Foundation. Appointments are required. Book yours today by calling 1 (866) 792-6167 for your personalized bra fitting, makeup appointments or beauty classes.

NORDSTROM OPENING DAY BEAUTY BASH
Friday, September 18, 2015
7:30 a.m. to 9:30 a.m.
Shop the world of beauty while you wait for the Nordstrom Pacific Centre flagship store to open during an outdoor Robson Street beauty celebration with our charity partner the Canadian Breast Cancer Foundation – BC/Yukon Region. Get the inside scoop on the latest products and trends from the top names in beauty. Learn the latest tips and tricks from our beauty experts during complimentary consultations and demonstrations. Get your makeup done by one of our artists, the first 2,500 customers to do so will receive an exclusive Nordstrom Beauty Bash tote (one per customer; while supplies last.). While celebrating all things beauty, visit the CBCF table and sign up for the Canadian Breast Cancer Foundation CIBC Run for the Cure to help create a future without breast cancer. You can also spin the breast health trivia wheel to win fun prizes. Also, enjoy food truck eats, snap a photo of your new makeup look at the Nordstrom photo booth and listen to live tunes from local band Side One.

# # #

 

About Nordstrom
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 304 stores in 38 states, including 118 full-line stores in the United States and Canada; 178 Nordstrom Racks; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About the Canadian Breast Cancer Foundation
The Canadian Breast Cancer Foundation is the leading community driven organization in Canada dedicated to creating a future without breast cancer. Our investments in innovative and relevant research and education have led to progress in breast cancer prevention, diagnosis, treatment and care. Since 1986, we have been at the forefront of a nationwide movement supporting and advocating for the breast cancer community. Join us at www.cbcf.org.

CONTACT:
John Bailey
Nordstrom, Inc.
(206) 303-3018

Starbucks Coffee Company with Premium Restaurants of America opened its first store in Panama; Starbucks 15th market in Latin America

  • 20 stores expected to open in Panama City over next five years with Premium Restaurants of America, Starbucks long-term licensing partner in Central America
  • Building on over a decade of sourcing coffee from Panama, Starbucks stores in Panama City will feature Starbucks® premium, single-origin Starbucks Reserve Panama Carmen Estate coffee, sourced from Panama’s Volcán Chiriquí Valley
  • Starbucks Panama comes together with Municipality of Panama City and Glasswing International to restore local community center for youth

PANAMA CITY, Panama, 2015-8-7— /EPR Retail News/ —  Starbucks Coffee Company (NASDAQ: SBUX), together with Premium Restaurants of America (PRA), its long-term strategic licensing partner in Central America, today opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide. Located in Panama City’s Street Mall shopping center, the new store proudly features Starbucks Reserve™ Panama Carmen Estate coffee, part of the company’s exclusive Starbucks Reserve collection of unique, small-batch coffees.

“We are proud to bring the Starbucks Experience to customers in Panama and build our brand in a way that honors the coffee passion and traditions inherent to this region,” said Rich Nelsen, senior vice president and general manager for Starbucks in Latin America, where the company now has more than 880 stores employing over 12,000 partners (employees). “By extending our relationship with Premium Restaurants of America, we are diligently positioning the brand for continued growth in Latin America as we enter our 15th market in the region.”

Starbucks stores in Panama are operated through a strategic licensing agreement with El Salvador-based Premium Restaurants of America (PRA), formerly named Corporación de Franquicias Americanas (CFA), which initially teamed up with Starbucks in 2010 for the opening of the company’s first store in San Salvador. Since then PRA has opened 19 Starbucks stores, with eight in El Salvador, five in Guatemala, five in Costa Rica and one opening today in Panama, employing more than 340 partners across the region. Together, Starbucks and PRA plan to open at least 20 stores in Panama City over the next five years.

“We are honored to be Starbucks strategic partner in Central America,” said Francisco Alemán, General Director for Central America at PRA. “Our local market knowledge combined with our proven track record of operating Starbucks® stores will allow us to offer an exceptional experience to Panamanian customers. With the arrival of Starbucks in Panama, we are confident that we can continue to drive growth in the region by bringing customers a truly unique retail experience.”

Starbucks Reserve™ Panama Carmen Estate Coffee, Now Available in Panama City

To mark the launch of Starbucks in Panama, Starbucks stores in the country will feature Starbucks Reserve™  Panama Carmen Estate coffee, a bright and nutty-sweet coffee grown in Panama’s Volcán Chiriquí Valley, where coffee producer Carlos Aguilera produces some of the world’s most renowned specialty coffees on his award-winning, family estate. Starbucks has featured coffee from farms in Panama like Carmen Estate, Los Cantares Estate, La Florentina, San Benito and Hacienda La Esmeralda since 2000 for customers to enjoy in select locations in the U.S. and is now proud to offer Starbucks Reserve™ Panama Carmen Estate Coffee in its new stores in Panama City.

“Starbucks has a long history of working with coffee growers like Carlos Aguilera across Central America and we are thrilled to now share that story here,” said David Batres, managing director for Starbucks Central America. “Our customers in Panama City have a strong appreciation for coffee and I believe we’ve created a unique destination between home and work where they can relax in our beautiful store, discover Starbucks® signature coffees from around the world, or enjoy a bag of our local Starbucks Reserve™  Panama Carmen Estate coffee to take home to share with friends and family.”

Only three other markets in Latin America currently offer whole bean packaged Starbucks Reserve™  coffees in select stores for limited times, including Colombia, Mexico, and Brazil. From the mountains of Nicaragua, to faraway highlands in Papua New Guinea, to the valleys of Panama – these coffees are hand selected by some of Starbucks most experienced coffee buyers.

Starbucks Panama Celebrates Coffee Passion through Design

The Starbucks store at Street Mall offers customers an inviting destination to relax, recharge, and connect in one of Panama City’s most cosmopolitan commercial neighborhoods while enjoying Starbucks® signature brewed, espresso and blended beverages. Starbucks Latin America design team spent many months transforming the 3,304 sq. ft. space into a celebration of the Starbucks coffee journey, from its first location in Seattle’s Pike Place Market, as highlighted in the store’s artwork, to Panama’s Paso Ancho and Los Cantares coffee-growing regions in the Volcán Chiriquí Valley, depicted across a large hand-painted mural on a locally-sourced, wood-clad wall.

With a 28 ft. high ceiling, the focal point of the store is a one-of-a-kind custom made hanging mobile, designed to represent the Geisha coffee plant, which signifies the birth of the coffee industry in Panama. The store is dotted with beautiful images of Panama’s coffee farms and also features tile work resembling a hand painted style unique to the local culture. Starbucks also incorporated design elements from neighboring regions, including furniture from Colombia and wood slatted light fixtures from Brazil.

“Latin America has been part of Starbucks story from the very beginning,” said Scott Mitchem, Starbucks director of design for Latin America. “Our store designs pay tribute to the region’s heritage and culture by working with local inspirations, artists and designers. We wanted to bring that same passion to the design of our first store in Panama.”

Supporting Opportunities for Youth in Panama City

As part of Starbucks global commitment to creating opportunities for young people in the communities it serves, Starbucks Panama is collaborating with Panama City´s Municipality and nonprofit organization Glasswing International in a long-term project to renew and support a community center in Boca La Caja in Panama City. The first stage of this project will include restoring the center’s infrastructure and refurbishing the building. Once the center is open, Starbucks Panama partners (employees) will continue to engage in community service, supporting various clubs and activities aimed at fostering youth leadership. The program is expected to benefit more than 2,400 youth in Panama City.

View this story in Spanish (Español) here.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-qualityarabica coffee. 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 www.starbucks.com.

About Premium Restaurants of America
With headquarters in El Salvador, Premium Restaurants of America –PRA- (previously Corporación de Franquicias Americanas – CFA) operates more than 500 restaurants in Mexico and Central America, employing more than 12,000 people.  International companies such as Pizza Hut, KFC, Wendy’s and China Wok have relied on CFA for the operation of their brands. With Starbucks, PRA operates eight stores in El Salvador, five stores in Costa Rica, five stores in Guatemala, and one in Panama, employing more than 340 partners.

For more information on this news release, contact us.

 

###

Starbucks Coffee Company with Premium Restaurants of America opened its first store in Panama; Starbucks 15th market in Latin America

Starbucks Coffee Company with Premium Restaurants of America opened its first store in Panama; Starbucks 15th market in Latin America