Reasor’s the 2nd largest majority employee owned company in Oklahoma and the 45th in US

Tahlequah, OK, 2015-8-28— /EPR Retail News/ — The National Center for Employee Ownership has announced that the Reasor’s is the second largest majority employee owned company in Oklahoma and the 45th in the United States.

Reasor’s set up an Employee Stock Ownership Plan (ESOP) in 2007 and now employs more than 3000 employees. Since the first store in 1963, the foundation of Reasor’s was built on delivering unbeatable customer service. By transitioning to an ESOP, this has further motivated employees to maintain a superior level of customer service and aided in the continued growth of a favorite local Oklahoma Company.

The National Center for Employee Ownership’s 2015 Employee Ownership 100 list includes the nation’s largest companies that are at least 50% owned by an employee stock ownership plan (ESOP) or other broad-based employee ownership plan. Many are 100% employee-owned. The great majority (90%) of the companies on this list have ESOPs, although a number of them have more than one plan. Other vehicles for employee ownership on this list include profit sharing plans invested in company stock, stock purchase plans, 401(k) plans, and a worker cooperative.

The companies on the list employ approximately 668,000 people worldwide

Employee stock ownership plans (ESOPs), the most common form of employee ownership for companies on the list, are an employer-sponsored benefit plan. Companies contribute stock or cash to buy stock to an employee stock ownership trust. Generally, all full-time employees who have worked for a year or more are in the plan and receive allocations of stock every year based on relative pay or a more level formula. They get their shares after they leave and can sell them back to the company at an appraised fair market value. Companies and their owners can get significant tax benefits from an ESOP, and they are particularly attractive as a means to buy out an owner or owners of a closely held company. Most of the ESOPs on this list were set up for that reason. ESOPs are only very rarely funded by employees themselves.

Research on ESOPs shows that:

  • ESOP companies grow about 2.5% per year faster after an ESOP is set up than would have been expected based on their performance relative to peer companies prior to an ESOP.
  • ESOP participants average about 2.5 times more in total retirement assets than do employees in non-ESOP companies.
  • ESOP companies lay people off at one-third to one-fourth the rate of other companies.

About the National Center for Employee Ownership
The National Center for Employee Ownership is a non-profit information, and research organization on all forms of broad-based employee ownership. Details about the NCEO and employee ownership are available at www.nceo.org.

About Reasor’s®
Reasor’s® was founded 52 years ago at a single location in Tahlequah, Oklahoma by namesake, Larry Reasor. Today, the company has 19 locations and two convenience stores throughout northeastern Oklahoma. In 2007, Reasor’s® became employee-owned and now provides jobs for over 3,000 community members. In 2013, Supermarket News ranked the company #25 on its Top 50 Small Chains and Independents in the U.S. For more information about Reasor’s®, visit www.reasors.com.

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Kmart Pharmacy survey: 41 percent typically do not get a flu shot

Survey finds more than forty percent of adults typically do not get a flu shot

HOFFMAN ESTATES, Ill., 2015-8-28— /EPR Retail News/ — Flu season is coming, which means coughing, fevers, body aches and misconceptions about the flu vaccine are on the horizon. A new online survey of Kmart shoppers, conducted on behalf of Kmart Pharmacy by Sears Holdings Member Feedback and Insights team, found that while nearly all (94 percent) agree some people are particularly vulnerable to getting the flu or having a serious case of the flu, 41 percent typically do not get a flu shot.

Getting a seasonal flu shot is the best way to prevent the flu – and Kmart Pharmacy is out to debunk some of the most common flu-related myths preventing people from staying healthy each year:

  • The flu shot does not protect me from the virus: The Kmart Pharmacy survey found that approximately one in three (31 percent) people typically do not get a flu shot because they believe the vaccine won’t protect them. The flu vaccine is intended to create a stronger immune system to keep you from not catching the bug, and also lessens the chances of spreading the flu virus to others.
  • I never get the flu so I do not need a flu shot: No one is immune from getting the flu. Some individuals are actually more susceptible to developing serious flu-related complications than others, including children under the age of five, adults age 65 or older, and pregnant women. While the Kmart Pharmacy survey found that only 28 percent of people think getting the flu shot will not protect others around them, everyone should receive the flu shot. The vaccine helps protect others around you.
  • My decision to get the flu shot only affects me: If you were to contract the contagious virus, there is a chance you could infect your family, your friends, and your co-workers. More than half of respondents (55 percent) said they have missed work themselves or know someone who missed work last year due to the flu. Sick employees are likely not working at an optimum level and can expose others to germs in the workplace. The end result is costly to both employees and employers.

“Getting an annual flu shot is the best way to prevent the seasonal flu, and we encourage families to take this important step to protect themselves,” says Phil Keough, president, Kmart Pharmacy. “Stop in today and visit one of our professionally trained immunizing pharmacists who are ready to administer flu shots as well as other CDC-recommended vaccinations.*”

Kmart is now offering no-cost flu shots (with most insurance)** to customers at participating Kmart pharmacy locations – including Quadravalent and high-dose flu shots. No appointment is necessary and Shop Your Way® Pharmacy Rewards members receive points for each flu shot purchased. Announced earlier this year, the new Shop Your Way® Pharmacy Rewards Program gives members $10 back in points 1(10,000 points) for every five qualifying prescriptions filled in a rolling 12-month period.

The CDC recommends people start getting vaccinated soon after the flu vaccine becomes available. Kmart Pharmacy wants to keep families healthy this flu season and invites them to stop by their nearest Kmart Pharmacy location for a flu shot today. Learn more at kmartpharmacy.com/flu or cdc.gov.
Kmart Pharmacy also offers onsite flu shot clinic services. Ask your local Kmart pharmacist how to schedule a flu shot clinic at your workplace.

Survey Methodology
This United States survey was conducted online by Sears Holdings on behalf of Kmart Pharmacy from July 29 through Aug. 6, 2014among over 10,000 U.S. adults ages 18 and older.

About Kmart
Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company and part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Kmart offers customers quality products through a portfolio of exclusive brands that include Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense. For more information visit the company’s website at www.kmart.com | Sears Holdings Corporation website at www.searsholdings.com | Facebook: www.facebook.com/kmart.

About Shop Your Way
Shop Your Way® is a free social shopping destination and rewards program offering millions of products, personalized services, and advice. Through a network of retail partners and service providers, members can shop, compare, purchase items and earn points to use on future purchases. Members also enjoy special pricing, exclusive sales, events, access to celebrity brands and sweepstakes. And through the unique social community on shopyourway.com, members can research and browse products, create wish lists, poll friends and family and even get advice from experts to help choose the products and services that best meet their needs.

There is no minimum purchase required for Shop Your Way members to redeem points and points can be used toward purchases across countless product categories. Download the free Shop Your Way app available on iTunes or Google Play. By accepting Shop Your Way member benefits and offers, you agree to the Shop Your Way terms and conditions, available at www.shopyourway.com/terms.

MEDIA CONTACTS:
Sara Taylor Andrea Abate
Sears Holdings Zeno Group for Kmart
847-286-0774 312-396-9713
Sara.Taylor@searshc.com Andrea.Abate@zenogroup.com

*Vaccine administration is dependent on local Pharmacy State Rules and Regulations.
** No co-payment unless required by your plan. Cash price of the Trivalent flu shot is $27.99. 

1 Subject to Shop Your Way® Pharmacy Rewards program terms and conditions. Points are valid for two weeks once received on the purchase of non-pharmacy merchandise. This offer is not valid for and cannot be used by any patient who is a beneficiary of a federal healthcare program, such as Medicare Part D, Medicare Advantage, Medicare Part B, Medicaid, TRICARE or Plan de Salud del Gobierno de PR (PSG). Offer not valid in LA for controlled substance prescriptions or in AR, MA, NJ, NY, Virgin Islands and Guam. By accepting Shop Your Way® member benefits and offers, you agree to the Shop Your Way® terms and conditions, available at www.shopyourway.com/terms.

SOURCE Kmart

RELATED LINKS
http://www.kmart.com

Overstock.com to acquire a group of related, privately held financial technology companies

New Subsidiary Brings Crypto and U.S. National Market System Together

SALT LAKE CITY, 2015-8-28— /EPR Retail News/ — Overstock.com, Inc. (Nasdaq:OSTK) announced today that it has entered into agreements to acquire a group of related, privately held financial technology companies, and has closed the acquisition of the assets of one of those companies. These acquisitions were made through Overstock’s t0 subsidiary. This transaction is a pioneering development in connecting crypto capital markets to existing national markets.

SpeedRoute currently routes approximately 2.5 percent of U.S. equity order flow. The acquisition of SpeedRoute and its underlying technologies positions Overstock to connect t0 trading to the entire U.S. equity market. The combination of SpeedRoute’s infrastructure and critical mass connectivity with the t0 blockchain software plugged into the U.S. equity markets creates a paradigm-changing moment for capital markets, stated Overstock officials.

“This merger combines vision with market-leading trading technology and infrastructure that is already accepted across the industry, creating the opportunity for a quantum leap in securities trading and settlement processes,” said SpeedRoute CEOJoseph Cammarata.  “This collaboration allows Overstock to enter this new financial technology arena with a speed and aggression that I believe will revolutionize Wall Street, while adding an already profitable and cash-flow positive business right to Overstock’s bottom line. The winners are going to be investors and regulators alike.”

“According to Karl Marx, ‘The philosophers have only interpreted the world. The point, however, is to change it.’ The acquisition of SpeedRoute brings to fruition the idea behind t0.com:  making financial markets more fair and efficient through the application of crypto technology,” said Overstock CEO Patrick M. Byrne. “Together, we can revolutionize finance across the globe by providing for it a cryptoledger foundation that is immune to the various forms of risk and mischief that are embedded in our current system.”

The total purchase price for the group of businesses will be paid in cash and Overstock common stock. The majority of the deal closed today. The acquisition of certain assets remains subject to regulatory notification requirements. As a result of this transaction, SpeedRoute and its related companies will be held within Overstock’s subsidiary, t0, in which Overstock’s ownership stake increases to 81 percent.

About Overstock.com
Overstock.com, Inc. (NASDAQ:OSTK) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, rugs, bedding, electronics, clothing, and jewelry. Worldstock.com is dedicated to selling artisan-crafted products from around the world whereas Main Street Revolution supports small businesses across the U.S. by providing them a national customer base. Overstock has additional community-focused initiatives such as a Farmers Market and pet adoptions. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock sells internationally under the name O.co.  Overstock (http://www.overstock.com and http://www.o.co) regularly posts information about the company and other related matters under Investor Relations on its website.

O, Overstock.com, O.com, O.co, Club O, Main Street Revolution, Worldstock Fair Trade, Worldstock, and OVillage are registered trademarks. O.biz, Club O Dollars, and OGlobal are trademarks of Overstock.com, Inc. The Overstock.com, Club O, and Worldstock Fair Trade logos are also registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended June 30, 2015, which was filed with the SEC on August 7, 2015, and any subsequent filings with the SEC.

CONTACT: Media Contact:
Kirstie Burden, Overstock.com, Inc.
+1 (801) 947-3116
pr@overstock.com

Investor Contact:
Mark Harden, Overstock.com, Inc.
+1 (801) 947-5409
mharden@overstock.com

Sprouts Farmers Market’s CEO Amin Maredia and COO Jim Nielsen will present at the Goldman Sachs 22nd Annual Global Retailing Conference

PHOENIX, 2015-8-28— /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today announced that Amin Maredia, chief executive officer, and Jim Nielsen, president and chief operating officer, will present at the Goldman Sachs 22nd Annual Global Retailing Conference at the Plaza Hotel in New York. The presentation will begin at 9:35 am (EDT) on Thursday, September 10, 2015.

The company invites investors to listen to the live webcast of the presentation on the company’s investor relations website,investors.sprouts.com, under “Events and Presentations.” A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market is a healthy grocery store offering fresh, natural and organic foods at great prices. We offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 20,000 team members and operates more than 200 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

CONTACT:

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
donnaegan@sprouts.com

McDonald’s CEO Open Letter To Burger King

Oak Brook, IL, 2015-8-28— /EPR Retail News/ — McDonald’s CEO Open Letter To Burger King

Dear Burger King,

Inspiration for a good cause… great idea.

We love the intention but think our two brands could do something bigger to make a difference.

We commit to raise awareness worldwide, perhaps you’ll join us in a meaningful global effort?

And every day, let’s acknowledge that between us there is simply a friendly business competition and certainly not the unequaled circumstances of the real pain and suffering of war.

We’ll be in touch.

-Steve, McDonald’s CEO

P.S. A simple phone call will do next time.

Raley’s Family of Fine Stores announced new location in Arden, Sacramento

West Sacramento, CA, 2015-8-28— /EPR Retail News/ — Raley’s Family of Fine Stores is announcing a new location in Arden, an established Sacramento neighborhood. The new site advances the company’s vision to bring health and wellness to customers and allows Raley’s to further expand their presence within the region.

Located at the corner of Howe Avenue and Fair Oaks Boulevard, the 36,000 square foot store will deliver customers an exciting shopping experience and an extensive assortment of fresh, high quality food.

“Raley’s takes great pride operating our business in one of the richest agricultural hubs in the world. We are excited about what this region represents for the future of food production,” said Michael Teel, Raley’s owner & CEO. “Raley’s is helping lead the way to a better food system and our new site offers an opportunity to continue that innovation.”

In partnership with Stafford King Wiese Architects and Armstrong Development Properties, Raley’s plans to develop a new store that will be state-of-the art with a focus on the most sustainable features. The recently secured new location is scheduled to begin construction in mid-2016 with an opening targeted for the second quarter of 2017.

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Raley’s Family of Fine Stores announced new location in Arden, Sacramento

Raley’s Family of Fine Stores announced new location in Arden, Sacramento

CVS/pharmacy to reopen its two Baltimore stores damaged during protest activity last April

  • Demolition of closed Pennsylvania Ave. store begins Friday, August 28 to make way for a new store at same location
  • Reopenings expected by end of the year

Woonsocket, Rhode Island, 2015-8-28— /EPR Retail News/ — CVS/pharmacy announced today that it plans to reopen by the end of the year its two Baltimore stores that sustained heavy fire damage during protest activity last April.

Demolition work at the closed CVS/pharmacy at 2509 Pennsylvania Avenue will begin tomorrow morning at 7:00 AM. The store will be completely rebuilt and it is scheduled to reopen by the end of this year. CVS/pharmacy is also renovating its closed store at 2560 West Franklin Street and it is scheduled to reopen in the Fall.

PHOTO OPPORTUNITY: Demolition work at 2509 Pennsylvania Ave. (corner of North Avenue and Pennsylvania Avenue) will begin at 7:00 AM on August 28, 2015.

“CVS/pharmacy is committed to serving the Baltimore community and we look forward to bringing back our two stores better than ever,” said Helena Foulkes, President of CVS/pharmacy. “When these stores reopen, we will be providing our customers and patients an enhanced selection of groceries and healthy food options along with the quality pharmacy care they have come to depend upon from CVS/pharmacy.”

Employees who worked at the closed stores have been serving their customers at other Baltimore locations over the past few months. Those employees will welcome their customers back to their neighborhood CVS/pharmacy once they reopen.

About CVS/pharmacy
CVS/pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with over 7,800 locations. It is the first national pharmacy to end the sale of tobacco and the first pharmacy in the nation to receive the Community Pharmacy accreditation from URAC, the leading health care accreditation organization that establishes quality standards for the health care industry. CVS/pharmacy is reinventing pharmacy to help people on their path to better health by providing the most accessible and personalized expertise, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Health is available at www.cvshealth.com.

Kroger will host a conference call with investors on Friday, September 11

CINCINNATI, OH, 2015-8-28— /EPR Retail News/ — The Kroger Co. (NYSE: KR) will host a conference call with investors on Friday, September 11, 2015 at 10 a.m. (ET) to discuss financial results for the second quarter 2015.

The presentation will be broadcast online at ir.kroger.com. Click on “Quarterly Results” to access the event. An on-demand replay of the webcast will be available from approximately 1 p.m. (ET) Friday, September 11 through Friday, September 25, 2015.

Kroger, one of the world’s largest retailers, employs nearly 400,000 associates who serve customers in 2,626 supermarkets and multi-department stores in 34 states and the District of Columbia under two dozen local banner names including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s.  The company also operates 780 convenience stores, 327 fine jewelry stores, 1,342 supermarket fuel centers and 37 food processing plants in the U.S.  Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and community organizations. Kroger contributes food and funds equal to 200 million meals a year through more than 100 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber’s Million Dollar Club.

SOURCE The Kroger Co.

Citycon: the construction of Mölndal Galleria has now started in Mölndal, Sweden

The groundbreaking for the new Mölndal Galleria and the transformation of Mölndal’s city centre took place yesterday, 27 August in a ceremony held on the construction site. The event was jointly organised by Citycon, NCC, Riksbyggen and MölndalsBostäder, the four companies investing in the renewal of Mölndal city centre.

Helsinki, 2015-8-28— /EPR Retail News/ — “We are pleased that construction of Mölndal Galleria has now started. The interest from tenants has been high and today more than half of the  the retail space is leased including anchors such as H&M, Systembolaget and Lindex as well as a large Ica grocery store. Although the main focus will be on retail, the shopping centre will also become a meeting place for residents and visitors through its offering of services, restaurants and cafés,” says Nils Styf, Chief Investment Officer at Citycon.

Central Mölndal is currently being given a complete makeover. The city centre will feature 400 brand new apartments and refurbished inner city streets and squares. The old shopping centre is being demolished to make way for a new, state-of-the-art shopping centre with over 70 shops, 24,000 square metres of retail space and parking spaces for more than 800 cars.

Mölndal Galleria is being (re)developed in a joint venture between Citycon (50%) and NCC (50%). Citycon will acquire NCC’s share of the shopping centre when the project is completed, and is investing a total of approximately EUR 120 million. The new shopping centre is scheduled to open in 2018. In addition to Mölndal Galleria, NCC is also currently building the new SCA head office next to the shopping centre and 145 apartments for Riksbyggen. In addition, Mölndalsbostäder invests in 200 new apartments in the city centre.

“NCC’s strength is to develop attractive urban environments that combine workplaces, housing, retail and services, thereby leading to a city centre that is both sustainable and attractive. We are now taking the next step towards a more attractive city centre in Mölndal,” says Johanna Hult Rentsch, Regional Manager at NCC Property Development.

“The increase in retail volume that is going to be generated by the new shopping centre will be very positive for Mölndal’s long-term appeal, both for people wanting to settle here and for companies looking to establish an office in Mölndal,” says Marie Östh Karlsson, Mayor of Mölndal Municipality.

Citycon and NCC have chosen to submit the Mölndal Galleria project for BREEAM certification (a global environmental and sustainability standard) and expect to obtain a Very Good rating.

“Mölndal Galleria’s location right in the heart of Mölndal city centre, close to the Mölndalsbro transport hub—which is serviced by trains, buses and trams—will make it easier to travel green. Mölndal Galleria will also feature electronic signboards displaying public transport departures, around twenty charging stations for electric cars, and plenty of bicycle parking,” says Nils Styf.

For further information, please contact:
Nils Styf, Chief Investment Officer
Tel. +46 733 50 60 39
nils.styf@citycon.com

Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic regions, managing assets that total approximately EUR 5 billion and with a market capitalisation of approximately EUR 2 billion. For more information about Citycon, please visit www.citycon.com

ULTA Beauty’s Q2 and H1-2015 results: 20% increase of net sales

  • Total Sales Increased 19.4%
  • Comparable Sales Increased 10.1%
  • Diluted EPS Increased 22.3% to $1.15
  • Company Raises Guidance for Fiscal Year 2015

BOLINGBROOK, Ill., 2015-8-28— /EPR Retail News/ — ULTA Beauty (NASDAQ:ULTA) today announced financial results for the thirteen week period (“Second Quarter”) and twenty-six week period (“First Six Months”) ended August 1, 2015, which compares to the same periods ended August 2, 2014.

“The Ulta Beauty team achieved outstanding results in the second quarter, with top line momentum delivering better than expected earnings growth,” said Mary Dillon, Chief Executive Officer. “Strong traffic growth drove healthy comparable sales increases across stores, salon and e-commerce, while average ticket growth also contributed. An exciting pipeline of new products, combined with increasing effectiveness of our marketing strategies, drove market share gains across all categories. In light of the excellent performance of the business in the first half of the year, we are raising our outlook for the full year and now expect to achieve earnings per share growth in the high teens.”

For the Second Quarter

  • Net sales increased 19.4% to $877.0 million from $734.2 million in the second quarter of fiscal 2014;
  • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 10.1% compared to an increase of 9.6% in the second quarter of fiscal 2014. The 10.1% comparable sales increase was driven by 7.0% growth in transactions and 3.1% growth in average ticket;
  • Retail comparable sales increased 8.9%, including salon comparable sales growth of 10.1%;
  • Salon sales increased 19.7% to $51.6 million from $43.1 million in the second quarter of fiscal 2014;
  • E-commerce sales grew 43.4% to $36.1 million from $25.2 million in the second quarter of fiscal 2014, representing 120 basis points of the total company comparable sales increase of 10.1%;
  • Gross profit decreased 40 basis points to 34.9% from 35.3% in the second quarter of fiscal 2014 primarily due to supply chain initiatives including the new Greenwood, Indiana distribution center;
  • Selling, general and administrative (SG&A) expense as a percentage of net sales decreased 50 basis points to 21.0% compared to 21.5% in the second quarter of fiscal 2014 primarily due to marketing efficiencies;
  • Pre-opening expenses increased to $4.1 million, compared to $3.6 million in the second quarter of fiscal 2014. Real estate activity in the second quarter of fiscal 2015 included 20 new stores, one relocation and two remodels compared to 19 new stores and four remodels in the second quarter of fiscal 2014;
  • Operating income increased 20.9% to $118.5 million, or 13.5% of net sales, compared to $98.0 million, or 13.3% of net sales, in the second quarter of fiscal 2014;
  • Net income increased 22.0% to $74.2 million compared to $60.8 million in the second quarter of fiscal 2014; and
  • Income per diluted share increased 22.3% to $1.15 compared to $0.94 in the second quarter of fiscal 2014.

For the First Six Months

  • Net sales increased 20.5% to $1,745.1 million from $1,448.0 million in the first six months of fiscal 2014;
  • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 10.8% compared to an increase of 9.2% in the first six months of fiscal 2014. The 10.8% comparable sales increase was driven by 7.2% growth in transactions and 3.6% growth in average ticket;
  • Retail comparable sales increased 9.3%, including salon comparable sales growth of 10.2%;
  • Salon sales increased 20.1% to $102.9 million from $85.7 million in the first six months of fiscal 2014;
  • E-commerce comparable sales grew 46.8% to $80.1 million from $54.5 million in the first six months of fiscal 2014, representing 150 basis points of the total company comparable sales increase of 10.8%;
  • Gross profit as a percentage of net sales was equal to the first six months of fiscal 2014 at 34.9%;
  • SG&A expense as a percentage of net sales decreased 50 basis points to 21.6% compared to 22.1% in the first six months in fiscal 2014;
  • Pre-opening expense increased to $7.2 million compared to $6.2 million in the first six months of fiscal 2014. Real estate activity in the first six months of 2015 included 44 new stores, two relocations and two remodels compared to 40 new stores and four remodels in the first six months of fiscal 2014;
  • Operating income increased 26.4% to $226.0 million, or 13.0% of net sales, compared to $178.9 million, or 12.4% of net sales, in the first six months of fiscal 2014;
  • Net income increased 27.4% to $141.1 million compared to $110.7 million in the first six months of fiscal 2014; and
  • Income per diluted share increased 28.1% to $2.19 compared to $1.71 in the first six months of fiscal 2014.

Balance Sheet

Merchandise inventories at the end of the second quarter of fiscal 2015 totaled $705.7 million, compared to $541.5 million at the end of the second quarter of fiscal 2014, representing an increase of $164.2 million. This increase was driven by 102 net new stores, the opening of the Company’s fourth distribution center in Greenwood, Indiana, as well as new brand additions. Average inventory per store increased 14%, compared to the second quarter of fiscal 2014. This increase was primarily driven by the new Greenwood, Indiana distribution center, investments in inventory to ensure high in-stock levels to support strong sales growth and incremental inventory for new brands and in-store prestige brand boutiques. Average inventory per store, excluding the investment in the newGreenwood, Indiana distribution center, increased 10.9%.

The Company ended the second quarter of fiscal 2015 with $475.4 million in cash and short-term investments.

Share Repurchase Program

During the second quarter, the Company repurchased 291,227 shares of its stock at a cost of approximately $46 million under its 10b5-1 plan. As of August 1, 2015, $286.3 million remained available under the $400 million share repurchase program.

Store Expansion

During the second quarter, the Company opened 20 stores located in Albuquerque, NM; Ammon, ID; Bristol, TN; Chattanooga, TN;Clark, NJ; Federal Way, WA; Jacksonville Beach, FL; Laurel, MD; Miami, FL; Myrtle Beach, SC; Rancho Cordova, CA; Redlands, CA; Reno, NV; Roseville, MI; San Francisco, CA; San Luis Obispo, CA; Shawnee, OK; Sioux City, IA; Twin Falls, ID and Waterford, CT. The Company ended the second quarter with 817 stores and square footage of 8,628,213, representing a 14% increase in square footage compared to the second quarter of fiscal 2014.

Outlook

For the third quarter of fiscal 2015, the Company currently expects net sales in the range of $869 million to $883 million, compared to actual net sales of $745.7 million in the third quarter of fiscal 2014. Comparable sales for the third quarter of 2015, including e-commerce sales, are expected to increase 8% to 10%. The Company reported a comparable sales increase of 9.5% in the third quarter of 2014.

Income per diluted share for the third quarter of fiscal 2015 is estimated to be in the range of $1.00 to $1.05. This compares to income per diluted share for the third quarter of fiscal 2014 of $0.91. As previously communicated, earnings growth in the second half of 2015 is expected to moderate compared to the first half of the year, reflecting the timing of marketing expenses and supply chain investments including a new distribution center in Greenwood, Indiana which opened on August 3, 2015.

The Company is raising its previously announced fiscal 2015 guidance. The Company plans to:

  • achieve comparable sales growth of approximately 8% to 10%, including the impact of the e-commerce business, compared to previous guidance of 7% to 9%;
  • increase total sales in the mid to high teens percentage range;
  • grow e-commerce sales in the 40% range;
  • expand square footage by approximately 13% with the opening of 100 net new stores;
  • remodel four locations;
  • deliver earnings per share growth in the high teens, compared to previous guidance of the high end of the range of 15% to 17%. This includes planned supply chain and system investments, excluding the $0.02 non-recurring tax benefit in the fourth quarter of 2014, and assuming continued share repurchases to offset dilution; and
  • incur capital expenditures in the $300 million range in fiscal 2015, compared to $249 million in fiscal 2014.

Conference Call Information
A conference call to discuss second quarter results is scheduled for today, August 27, 2015, at 5:00 p.m. Eastern Time. Investors and analysts interested in participating in the call are invited to dial (877) 705-6003. The conference call will also be web-cast live at http://ir.ulta.com and remain available for 90 days. A replay of this call will be available until 11:59 p.m. (ET) on September 10, 2015and can be accessed by dialing (877) 870-5176 and entering conference ID number 13617296.

About ULTA Beauty
ULTA Beauty (NASDAQ: ULTA) is the largest beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Since opening its first store 25 years ago, ULTA Beauty has grown to become the top national retailer providing All Things Beauty, All in One Place™. The Company offers more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points, including ULTA Beauty’s own private label. ULTA Beauty also offers a full-service salon in every store featuring hair, skin and brow services. ULTA Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading ULTAmate Rewards loyalty program. As ofAugust 1, 2015 ULTA Beauty operates 817 retail stores across 48 states and also distributes its products through its website, which includes a collection of tips, tutorials and social content. For more information, visit www.ulta.com.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which reflect our current views with respect to, among other things, future events and financial performance. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “plans,” “estimates,” “targets,” “strategies” or other comparable words. Any forward-looking statements contained in this press release are based upon our historical performance and on current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that the future plans, estimates, targets, strategies or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties, which include, without limitation: the impact of weakness in the economy; changes in the overall level of consumer spending; customer acceptance of our rewards program and technological and marketing initiatives; changes in the wholesale cost of our products; the possibility that we may be unable to compete effectively in our highly competitive markets; the possibility that our continued opening of new stores could strain our resources and have a material adverse effect on our business and financial performance; the possibility that new store openings and existing locations may be impacted by developer or co-tenant issues; the possibility that the capacity of our distribution and order fulfillment infrastructure and the performance of our newly opened distribution center may not be adequate to support our recent growth and expected future growth plans; the possibility of material disruptions to our information systems; weather conditions that could negatively impact sales; our ability to attract and retain key executive personnel; our ability to successfully execute our common stock repurchase program or implement future common stock repurchase programs; our ability to sustain our growth plans and successfully implement our long-range strategic and financial plan; and other risk factors detailed in our public filings with the Securities and Exchange Commission (the “SEC”), including risk factors contained in our Annual Report on Form 10-K for the fiscal year ended January 31, 2015. Our filings with the SEC are available at www.sec.gov. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Source: ULTA Beauty

ULTA Beauty
Scott Settersten
Chief Financial Officer
(630) 410-4807
or
Laurel Lefebvre
Vice President, Investor Relations
(630) 410-5230
or
Karen May
Director, Public Relations
(630) 410-5457

FULL RESULTS

Hurricane Katrina 10th anniversary: Starbucks partners will participate in a Citywide Day of Service in New Orleans

SEATTLE, 2015-8-28— /EPR Retail News/ — A decade ago Hurricane Katrina made landfall along the Gulf Coast, leading to one of the most catastrophic natural disasters in U.S. history. This weekend, as residents of New Orleans mark the 10th anniversary, many Starbucks partners (employees) will participate in a Citywide Day of Service to continue giving back to the historical city.

In a personal essay below, Starbucks regional director Jennifer Hicks recalls the day Katrina made landfall, and she shares how Starbucks partners and customers have rebuilt their lives since that time in 2005.

At the time Katrina hit, I was a district manager with stores in Baton Rouge, Lafayette and Lake Charles, Louisiana.

I didn’t think it was going to be much of a storm. Two fellow district managers, who lived in New Orleans, evacuated to my house. We had dinner and tracked our partners to make sure they were safe. We treated it like a regular hurricane.

The next morning, we brewed coffee and delivered it to local Red Cross shelters. Around 10 a.m., we started hearing reports that the levees had failed and at that moment we looked at each other and knew that this was going to turn into something very, very different.

Every Starbucks store in New Orleans closed. One of my stores in Gonzales, Louisiana, which is about 20 minutes outside Baton Rouge, became the last store open on the way to New Orleans. All Starbucks locations in Baton Rouge tripled in volume because we were the only stores open in the area.

I remember that we were adamant about finding every partner. We had hired a young man to be a barista the Friday before Katrina and we told him we were going to close for the hurricane and he could start the next day. It took nearly four weeks to locate him because he had evacuated to Atlanta. Because he had not worked yet, he was surprised that we were still looking for him, but we told him, “You have a partner number, you’re a partner, so we just want to make sure you’re okay.”

New Orleans stores stayed closed for quite a while and they were difficult to re-open because partners didn’t have places to live. It was slow going to get stores back up and running.

‘We’re so happy to see you’ 

When we finally began reopening stores, we wanted to be sensitive about how we spoke with our customers. In the past, we could greet them with, “How are you doing today?” We quickly adjusted our language to, “We’re so happy to see you.” We understood how customers were feeling as they returned to the city and started working to rebuild their homes. I remember a partner who brought a regular customer to tears by asking, “Do you still drink Caramel Macchiato?” Being back in their store, being able to seetheir barista, and simply being acknowledged was powerful.

I am always amazed at how many partners found their way back to Starbucks stores in New Orleans after Katrina and have been there ever since. We have partners who were incredibly grateful for monetary resources from Starbucks CUP Fund. We even have partners who joined the company while they were displaced and then transferred to New Orleans. They tell some pretty compelling stories about what it means to be a partner in New Orleans. There’s a certain level of gratitude and knowledge that working for Starbucks is more than just a job. Some criticized us for not reopening stores faster, but we wanted to be respectful of our partners and the stress they were under after the storm.

Three years after Katrina, Starbucks held its Global Leadership Conference in New Orleans and community service was a main focus. More than 10,000 store managers planted trees and built parks and playgrounds. Through the Greater New Orleans Foundation, we found smaller nonprofits that really needed our help and we maintain many of these relationships to this day.

‘Still more work to do’

Saturday is the anniversary of Katrina and I’m participating in community service with a team of Starbucks partners. We are working with an organization called the NORD foundation to rebuild a playground and park. It’s a challenging day for many partners who just want to be at home with family and friends. There are also many partners who are doing service with church groups and other organizations. There are so many people coming out in support of the city.

Today we’ve reopened all but two Starbucks stores in New Orleans (that were damaged beyond repair) and have added many more in the city. One of my favorites is on Canal Street and St. Charles. The back half of the store is meant to evoke that of a shop keeper where you display pictures of your family. I talked with the designer, David Daniels, and said if we were going to put up pictures of our family, then we had to share those of our partners volunteering during the Global Leadership Conference. The back part of that store is sort of my ode to our partners, with beautiful pictures of them painting and planting trees.

New Orleans has made a lot of progress, but there are still places that have gone unchanged. If you go where tourists typically go, you won’t see areas that haven’t recovered unless you go looking for them. I’m sad to say that there are neighborhoods where residents didn’t have the insurance to rebuild their homes. Katrina brought to light many issues that are now being addressed. There is still more work to do, but the spirit and essence of New Orleans is alive and well.

For more information on this news release, contact the Starbucks Newsroom.

 

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Hurricane Katrina 10th anniversary: Starbucks partners will participate in a Citywide Day of Service in New Orleans

Hurricane Katrina 10th anniversary: Starbucks partners will participate in a Citywide Day of Service in New Orleans

Starbucks unveils two new Frappuccino flavors – Blackberries & Crème and Strawberry Shortcake

SEATTLE, 2015-8-28— /EPR Retail News/ — Labor Day, the unofficial end of summer, is one week later this year. To celebrate the bonus week of summer, Starbucks is offering two new Frappuccino flavors – Blackberries & Crème and Strawberry Shortcake. The new Frappuccino® blended beverages will be available in participating Starbucks® stores beginning today (Aug. 27) through Sept. 7 in the U.S. and Canada.

Blackberries & Crème Frappuccino
A blend of blackberries, vanilla bean, milk and ice, topped with whipped cream and sprinkle of cinnamon dolce topping.

 

Strawberry Shortcake Frappuccino
A blend of strawberries, strawberry juice, vanilla bean, hazelnut syrup, milk and ice, topped with whipped cream.

 

Tips for Customizing Frappuccino Blended Beverages

1. Request nonfat milk, coconut milk or soy: Choose nonfat milk for a beverage that is lower in calories and fat. Don’t drink milk? Customize your beverage with soy or coconut milk.

2. Choose the “light” option: By choosing light, your beverage will have at least 33 percent few calories that the regular Frappuccino® blended beverages.

3. Select sugar-free syrup: Add a sugar-free syrup to any Frappuccino® blended beverage for great flavor without added calories or sugar. Starbucks offers sugar-free syrups in several flavors: Vanilla, Caramel, Hazelnut and Cinnamon Dolce.

4. Ask for a little whipped cream or no whip: Starbucks baristas are happy to meet your request so you can still enjoy a touch of whipped cream on your Frappuccino® blended beverage.

Curious about the first Frappuccino? Here’s the story behind the beloved Starbucks blended beverage.

For more information on this news release, contact us.

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Starbucks unveils two new Frappuccino flavors - Blackberries & Crème and Strawberry Shortcake

Starbucks unveils two new Frappuccino flavors – Blackberries & Crème and Strawberry Shortcake

Starbucks to open its first location in Cambodia by the end of 2015

Starbucks to enter Cambodia, its 16th market in the China/Asia Pacific region, building on a 15-year strategic licensing partnership with Hong Kong Maxim’s Group

HONG KONG, 2015-8-28— /EPR Retail News/ — Starbucks Coffee Company (NASDAQ: SBUX) today announced plans to open its first location in Cambodia by the end of 2015, representing the company’s 16th market in the fast-growing China/Asia Pacific (CAP) region.

The first location will open in the capital city of Phnom Penh by the end of 2015, at the newly expanded Phnom Penh International Airport.  Starbucks expects to open its second store in downtown Phnom Penh in early 2016.

“Cambodia is a vibrant country with a rich cultural heritage, and we are proud to bring the unparalleled Starbucks Experience to this market,” said John Culver, group president, China/Asia Pacific, Channel Development and Emerging Brands, Starbucks Coffee Company. “We look forward to becoming a part of Cambodia’s local coffee culture, embracing its traditions and sharing our deep passion and knowledge of the best coffees from around the world.”

Building on a 15-year collaboration with Hong Kong Maxim’s Group, Starbucks has entered a licensing agreement to open Starbucks® stores in Cambodia with Coffee Concepts (Cambodia) Limited,  part of Hong Kong Maxim’s Group. Coffee Concepts (Cambodia) Limited will be responsible for delivering Starbucks iconic coffeehouse experience to customers and stewarding the brand’s growth in the country. This agreement builds on Maxim’s experience in successfully investing in and growing the Starbucks brand across Hong Kong, Macau and, most recently, Vietnam.

“We are pleased to be extending our partnership with Starbucks to Cambodia and look forward to leveraging our expertise and knowledge of the Starbucks brand to deliver the Starbucks Experience to customers in the market,” said Michael Wu, Chairman and Managing Director, Hong Kong Maxim’s Group.

For 44 years, Starbucks has built its brand by delivering a consistent, authentic in-store experience to customers around the globe. The Starbucks Experience is built on sourcing high-quality arabica coffee, delivering high-quality product innovation and surprising and delighting customers with an uplifting experience through engaged, passionate and knowledgeable baristas.

Starbucks today operates more than 5,200 stores and employs more than 80,000 partners (employees) across 15 markets in the CAP region. Through its licensed partner Coffee Concepts (Hong Kong) Limited, a subsidiary of Hong Kong Maxim’s Group, Starbucks operates more than 150 stores in Hong Kong and Macau. Similarly, Starbucks operates 15 stores in Vietnam through Viet Idea Food and Beverages Limited, a sub-licensee of Coffee Concepts (Vietnam) Limited, also a subsidiary of Hong Kong Maxim’s Group.

About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 21,000 stores around the globe, Starbucks 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 Starbucks stores or online at Starbucks.com and news.starbucks.com.

Hong Kong Maxim’s Group
Founded in 1956, Hong Kong Maxim’s Group is a leading food & beverage company comprising of Chinese, Asian and European restaurants, quick service restaurants, bakery shops and institutional catering, while providing a range of festive products, including the award-winning Mei-Xin Mooncakes. The Group is also the licensee of renowned brands including Starbucks Coffee, Genki Sushi and IPPUDO ramen and The Cheesecake Factory in various territories. Altogether, the Group operates over 900 outlets in Hong Kong, PRC and Vietnam. It also established the first Sino-Foreign joint venture in PRC in 1980 and now delivers air catering service in 11 cities through joint ventures.

For more information on this news release, contact us.

Starbucks customers in Canada can customize their beverages with Starbucks® Single Origin Sumatra Coconut Milk from September 8

TORONTO, 2015-8-28— /EPR Retail News/ — After tens of thousands of customer comments, Tweets and barista requests, one thing is clear: Canadian Starbucks customers are thirsty for additional options for dairy alternatives.  Beginning Tuesday, September 8, Starbucks customers in Canada can customize their beverages with Starbucks® Single Origin Sumatra Coconut Milk in company-operated and licensed store locations coast-to-coast.

After careful research and development, Starbucks product innovators developed a rich, creamy coconut milk that complements Starbucks® hot, iced and Frappuccino® blended beverages.  First launched in U.S. Starbucks locations in February 2015, Starbucks® Single Origin Sumatra Coconut Milk is certified vegan and made from single-origin coconuts from the tropical Indonesian island of Sumatra.  With the addition of Coconut Milk, customers have numerous options including soy milk, 2%, non-fat, whole milk, half-and-half and in some areas lactose-free milk, adding to the more than 170,000 ways to customize Starbucks® beverages in stores.

“We love to innovate and co-create with our partners and customers,” said Kevin Reid, director of Food and Beverage at Starbucks Canada. “Our customers told us they want to be able to customize their Starbucks® beverages with alternatives to dairy and soy milk – in fact it is the second-most popular request of all time on MyStarbucksIdea.com.”

My Starbucks Idea™ was launched in 2008 as a way to engage with customers around the world and learn from them. This dynamic community of ideas has brought a number of innovations to the marketplace, including most recently the Mini Frappuccino® blended beverage, Caffeine-Free Oprah Chai Herbal Blend and Starbucks® Cold Brew. Through this forum, customers may submit ideas, vote and rank them, and lobby for their suggestions. Visit MyStarbucksIdea.com or www.Starbucks.ca for more information.

For more information on this news release, contact us.

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Starbucks customers in Canada can customize their beverages with Starbucks® Single Origin Sumatra Coconut Milk from September 8

Starbucks customers in Canada can customize their beverages with Starbucks® Single Origin Sumatra Coconut Milk from September 8

Britain’s biggest fuel retailer Tesco cuts the cost of unleaded petrol for the Bank Holiday Weekend

CHESHUNT, England, 2015-8-28— /EPR Retail News/ — Britain’s biggest fuel retailer is cutting the cost of unleaded petrol by 2p per litre and diesel by 1p per litre at all of its petrol filling stations.

The changes will come into effect from 9am tomorrow.

Tesco’s network of 500 petrol filling stations is the largest of all UK supermarkets and the drop means millions of motorists across the country will benefit as they enjoy trips away for the Bank Holiday weekend.

Peter Cattell, Fuel Director for Tesco said: “We know that lots of customers will have plans for the Bank Holiday weekend, so we’re dropping the price of our fuel to help them enjoy the weekend even more. This reduction of 2p per litre on petrol and 1p on diesel, at all our 500 petrol filing stations, will mean millions of customers save money by shopping at Tesco”.

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

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

Walmart kicks off its first-ever Toy Week

BENTONVILLE, AR., 2015-8-28— /EPR Retail News/ — Walmart is gearing up for the 2015 holiday season by kicking off its first-ever Toy Week with a sneak peek at some of the top toys for the holidays as chosen by kids. The retailer’s Toy Week reveals some of the biggest holiday trends and comes in front of Walmart’s highly anticipated Force Friday events on Sept. 4 when new and exclusive Star Wars merchandise will be unveiled at Walmart. From toys and groceries to apparel and health and wellness items, more than 500 new Star Wars products will be available in stores and thousands more on Walmart.com.

Toy Week also includes the Aug. 28th launch of Walmart’s holiday layaway program, a full two weeks earlier than last year. New this year, the company has lowered the price for eligible items to $10 with a $50 minimum basket. There is no opening fee for customers to start a layaway account, and they only need to put down 10 percent. The last day to pick up layaway items is Dec. 14.

“Outside of the holiday season, we could be looking at the biggest week of 2015 for toys and we’re giving customers every reason to choose Walmart,” said Anne Marie Kehoe, vice president of toys at Walmart. “We’ve made a tradition out of letting kids tell us which toys will be most popular during the holidays. Between their selections this year and the excitement aroundStar Wars, parents know exactly what will top kids’ wish lists, and they can count on us for great prices.”

Star Wars: The Force Awakens
It’s one of the most anticipated toy releases in years, and Walmart is the place for customers, fans and collectors from across the galaxy to be among the first to get their hands on new Star Wars: The Force Awakens merchandise, including items only sold at Walmart. Customers can also visit Walmart.com today to preorder the Legendary Yoda. The excitement begins at 12:01 a.m. on Friday, Sept. 4 at Walmart.com and at midnight Force Friday events in 2,900 Walmart stores across the country. To find Force Friday events happening in your neighborhood, visit walmart.com/starwars.

“A long time ago, in a galaxy far, far away, customers could only shop in stores,” Kehoe said. “Today, we make it easy and convenient to find new Star Wars merchandise in our stores, on a mobile device or on Walmart.com with light speed shipping options.”

Walmart will be the only place to find the Star Wars Galactic Connexxions trading disc game by Topps, a collectible trading disc game featuring the Star Wars characters generations know and love. At Force Friday midnight events, Walmart will hand out a free limited edition two pack of the discs, including a rare star field disc that is only available in packs given away on Force Friday. If customers find one of four special redemption discs inside Galactic Connexxions game sold in stores, on Walmart.com or during the events, they can be redeemed for an ultra-rare 14 karat gold disc and a Star Wars room makeover.

Fans can log onto Walmart.com right now and preorder the video games Star Wars Battlefront and Disney Infinity 3.0. Available exclusively at Walmart is the Disney Infinity 3.0 Star Wars Kanan Jarrus Figure. Former Jedi turned rebel fugitive, Kanan Jarrus leads bands of rebels in covert operations to help overthrow the Galactic Empire.

Top Holiday Toys
Customers won’t need to rely on Jedi mind tricks to find out what the top holiday toys are this year. Once again, Walmart turned to true toy experts – kids – to pick the hottest toys of the season. The retailer enlisted hundreds of kids aged 18 months to 12 years to play with the most-anticipated toys, gadgets and electronics of the season to better understand their changing tastes. With these insights, Walmart is working with suppliers to stock the right toys for great prices all season long. Top toys include:

Future Foodies
Toys that inspire kids to get creative in the kitchen and play with their food … in a good way:

  • Hasbro Pie Face
  • Skyrocket Toys Chocolate Pen
  • Wicked Cool Girl Scout Cookie Oven
  • Moose Shopkins Scoop Ice Cream Truck Playset

Veterinarians in Training
Kid-approved picks for lovers of animals, real and imaginary, and future veterinarians:

  • Fisher Price Little People Zoo
  • Fisher Price Imaginext Ultra T-Rex
  • Spin Master Paw Patrol Mission Chase
  • Just Play Doc McStuffins Vets N Pets Care Center
  • Moose Little Live Pet Clever Keet
  • Hasbro Furreal Unicorn

Adventure-Seekers in the Making
Action-packed toys for kids who love dancing and moving – and all things fast and flying:

  • Vtech Ultimate Raceway
  • MGA MC2 Deluxe Lab Kit
  • Mattel Hot Wheels Ultimate Garage
  • Fisher Price Thomas Shipwreck Rails Playset
  •  Jakks RC Hulk Smash Vehicle
  • Mattel Hot Wheels Terrain Twister
  • Jakks Max Tow Truck
  • New Bright RC Pro Reaper
  • Fisher Price Beatbo
  • Hasbro Nerf Rotofury
  • Blip Hovertech Battle FX
  • Alpha Voice Command Helicopter

Dreaming Design Stars
Play sets that give kids the chance to create outfits and decorate houses and castles:

  • Mattel Frozen Ice Castle
  • Hasbro My Little Pony Canterlot Castle
  • Mattel Barbie Dream House

For more information on Walmart’s Top Toy List Chosen by Kids, visit www.walmart.com/chosenbykids.

Toy Week is just the beginning of Walmart’s celebration of toys. With Christmas less than four months away and the much-anticipated theatrical release of Star Wars: The Force Awakens on Dec. 18, the retailer expects to have new toys and other merchandise throughout the holiday season.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, we serve nearly 260 million customers who visit our 11,508 stores under 65 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2015 revenue of $486 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

Amazon: Musaic and Rachio are the two new recipients of the Alexa Fund

  • Musaic, maker of a high-resolution wireless HiFi system, will work with the Alexa Skills Kit and Alexa Voice Service to allow customers to control their Musaic devices using their voice
  • Rachio, creator of an intelligent sprinkler controller, will work with the Alexa Skills Kit to allow customers to control their watering system using their voice
  • The Alexa Fund will provide up to $100 million in investments dedicated to empowering developers, manufacturers, and start-ups of all sizes who have ideas for how voice technology can improve everyday life

SEATTLE, 2015-8-28— /EPR Retail News/ — (NASDAQ:AMZN)—Amazon today announced two new recipients of the Alexa Fund, Musaic and Rachio. The Alexa Fund will provide up to $100 million in investments dedicated to supporting developers, manufacturers, and start-ups of all sizes who are passionate about creating new experiences designed around the human voice. Musaic and Rachio are the latest additions to the growing portfolio of Alexa Fund recipients, and join the seven previously funded companies announced in June. Learn more and apply for funding at developer.amazon.com/AlexaFund.

“We’re continuing to invest in new ideas for how voice technology can improve everyday life,” said Greg Hart, Vice President, Amazon Echo and Alexa Voice Services. “Musaic and Rachio are both innovative companies whose products can help customers create a truly connected home, and with Alexa people will be able to interact with the technology in a new way. We can’t wait to help bring these new products to customers.”

Musaic is a high-resolution wireless HiFi system that allows customers to listen to music in every room with exceptional sound quality, integrate smart lighting to create and control scenes and moods, and combine with home automation to create a connected smart home. Musaic is building skills for Alexa enabling Echo customers to control their Musaic system using only their voice. Musaic is also working to be one of the first companies to integrate with the Alexa Voice Service. Learn more about Musaic at www.musaic.com.

“Musaic is extremely excited to be involved with the Alexa Fund,” said Matthew Bramble, CEO, Musaic. “We make what we call ‘Smart HiFi’ because we believe there is a change coming where audio, video, lighting, comfort-control, and security will no longer be delivered in product silos. We feel that audio has an extremely strong place in this emerging ‘Internet of Things,’ as it is perhaps the most effective and compelling method of communication with the home owner. Natural language understanding is going to be part of the next great leap in home automation, and we’re looking forward to creating some really exciting smart home functionality with the Alexa Voice Service.”

Rachio is a Denver-based software and hardware company focused on improving the water efficiency of homes. Rachio makes an intelligent sprinkler controller that helps customers water smartly for better results and lower costs by monitoring weather conditions automatically, adapting to the specifics of a user’s yard, and providing control and dashboard options through a smartphone app. Rachio will use the Alexa Skills Kit to build new skills for Alexa, enabling customers to ask Alexa to provide schedule updates, list the most recent watering events, and initiate watering in a particular pre-set zone—all by voice. It will be easy for customers to simply say “Alexa, tell Rachio to skip watering today,” or “Alexa, tell Rachio the flower beds need a little bit more water.” Learn more about Rachio at rachio.com.

“Rachio is thrilled to be working with the Alexa Fund,” said Chris Klein, CEO, Rachio. “The possibilities on how to integrate with Amazon’s voice service are endless, and will immediately delight and excite our customers. I can’t wait to be able to teach Alexa skills around making outdoor watering more efficient.”

The Alexa Fund—named for Alexa, the cloud-based voice service that powers Amazon Echo—is open to anyone with an innovative idea for how voice technology can improve customers’ lives. Alexa Fund investment decisions are made based on the potential for unique or novel applications of voice technology that leverage the Alexa Skills Kit or the Alexa Voice Service.

The Alexa Fund is also supporting the following companies with investments: Orange Chef, Scout Alarm, Garageio, Toymail, Dragon Innovation, MARA, and Mojio. To learn more about how these companies are working with Alexa visit developer.amazon.com/AlexaFund.

About Amazon
Amazon.com opened on the World Wide Web in July 1995. The company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire phone, Fire tablets, Fire TV, and Amazon Echo are some of the products and services pioneered by Amazon.

Amazon.com, Inc.
Media Hotline, 206-266-7180
www.amazon.com/pr

Macy’s Presents Fashion’s Front Row adds superstar Jason Derulo to New York Fashion Week

NEW YORK, NY, 2015-8-28— /EPR Retail News/ — Macy’s Presents Fashion’s Front Row adds international superstar Jason Derulo to the fall season’s biggest fashion, dance and music event. Set to close out New York Fashion Week with a massive celebration, Macy’s Presents Fashion’s Front Row will take the stage live at The Theater at Madison Square Garden on Thursday, Sept. 17 at 7:30 p.m. Derulo joins the performance line-up, promising to set the stage on fire as he performs a selection of his biggest hits.

Hitting the runway will be special presentations of designs from Heidi by Heidi Klum Intimates, Hello Kitty, I.N.C. International Concepts, Jessica Simpson, Levi’s, Ryan Seacrest Distinction, Thalía Sodi, Tommy Hilfiger; and more.

Since his rise to fame, singer and songwriter Jason Derulo has amassed an impressive string of top hits including “Want To Want Me,” “Talk Dirty” (ft. 2 Chainz), “Whatcha Say,” “It Girl” and “Wiggle,” with more than 50 million singles sold, and more than 2 billion YouTube views. Derulo and previously announced performer Nate Ruess, front man of the band fun., will serve as the evening’s musical talent.

Tickets to Macy’s Presents Fashion’s Front Row are on sale, priced at $55 and $80, and may be purchased through TICKETMASTER (at ticketmaster.com or 866-858-0008) or in person at the Madison Square Garden Box Office. Ticketmaster orders are subject to service fees. All tickets include a $5 facility fee. Tickets for people with disabilities may be purchased through Ticketmaster, at the MSG Box Office or by calling MSG’s Disabled Services Department at (212) 465-6034.

Macy’s Presents Fashion’s Front Row continues the company’s legacy of charitable giving and is set to support Broadway Cares/Equity Fights AIDS and theCouncil of Fashion Designers of America Foundation(CFDA), with 100 percent of the proceeds from ticket sales from the Sept. 17 live show at The Theater atMadison Square Garden.

Fans from coast-to-coast will have the ultimate front row VIP experience by tuning in to the theatrical presentation on E!, Wednesday, Sept. 23 at 8 p.m. ET (check local listings). The entertainment broadcast will include highlights of the live show and performances, celebrity appearances, interviews, behind-the-scenes elements, including a look at the arrivals carpet, as well as special moments from New York Fashion Week. Additionally, fans will have the opportunity to shop their favorite looks from the show instantly as they come down the runway by visiting macys.com/FrontRow.

Macy’s Presents Fashion’s Front Row is created and produced by Macy’s. The national broadcast that will air on E! is produced in partnership with IMG.

For more information about Macy’s Presents Fashion’s Front Row please visit macys.com/FrontRow.

About Macy’s:
Macy’s (NYSE:M), the largest retail brand of Macy’s, Inc., delivers fashion and affordable luxury to customers at approximately 775 locations in 45 states, the District of Columbia, Puerto Rico and Guam, as well as to customers in the U.S. and more than 100 international destinations through its leading online store at macys.com. Via its stores, e-commerce site, mobile and social platforms, Macy’s offers distinctive assortments including the most desired family of exclusive and fashion brands for him, her and home. Macy’s is known for such epic events asMacy’s 4th of July Fireworks® and the Macy’s Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows and celebrity appearances. Macy’s flagship stores — including Herald Square in New York City, Union Square in San Francisco, State Street in Chicago, and Dadeland in Miami and South Coast Plazain southern California — are known internationally and are leading destinations for visitors. Building on a more than 150-year tradition, and with the collective support of customers and employees, Macy’s helps strengthen communities by supporting local and national charities giving more than $69 million each year to help make a difference in the lives of our customers.

For Macy’s media materials, including images and contacts, please visit our online pressroom at macys.com/pressroom.

Macy’s
Orlando Veras, 646-429-7450
Orlando.Veras@macys.com
or
Julie Strider Fukami, 646-429-5213
Julie.StriderFukami@macys.com
or
Christine Olver, 646-429-5713
Christine.Olver@macys.com

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Jason Derulo joins Macy’s Presents Fashion’s Front Row live at The Theater at Madison Square Garden on Thursday, Sept. 17 at 7:30 p.m.

Jason Derulo joins Macy’s Presents Fashion’s Front Row live at The Theater at Madison Square Garden on Thursday, Sept. 17 at 7:30 p.m.

Macy’s expands personal shopping experience with the launch of My Stylist@Macy’s

Experts from Macy’s complimentary personal shopping service will help customers of all ages find the best fashion of the season, as well as select gifts friends and family will love

NEW YORK, NY, 2015-8-28— /EPR Retail News/ — This month, Macy’s (NYSE:M) is expanding the personal shopping experience with the launch of My Stylist@Macy’s, a free service at select Macy’s stores nationwide, dedicated to finding the perfect fashions for every customer from coast-to-coast. In addition to style consultations, the experts at My Stylist@Macy’s will guide shoppers in selecting the best gifts for friends and family, for all occasions.

My Stylist@Macy’s is fun, fast and free—customers will be able to get the scoop on the latest trends and top brands, and have curated items available upon arrival with absolutely no pressure to buy.

“We are ecstatic to bring this unique shopping experience to our customers,” said Susan Bertelsen, Macy’s group vice president of My Stylist@Macy’s and Wedding & Gift Registry. “Macy’s prides itself on offering the best range of fashion and accessories, as well as gifts for loved ones. With My Stylist@Macy’s, we will bring this expertise to the customer on a more personal level, and help ensure that they walk away with exactly what they need, from every day to life’s biggest moments.”

Whether it’s a professional look to make a great first impression at an interview or new job, a cool and casual ensemble for the weekend, or a sophisticated look for a night on the town, the pros at My Stylist@Macy’s will ensure that each look is on-trend, flattering and customized to the wearer. Also, leave it to the experts at My Stylist@Macy’s to update and refresh your whole wardrobe each season, as they carefully select a mix of staple and directional pieces to make you fall in love with your closet all over again.

The breadth of services offered by My Stylist@Macy’s is unparalleled; in addition to providing styling services for periodic events, the specialists at My Stylist@Macy’s can guide shoppers through selecting their looks for entire occasions. Going to a wedding? From the engagement party to the post-wedding brunch, the experts at My Stylist@Macy’s will help customers look their very best. For the bride or groom, Wedding Stylists are there to aid in the impeccable dressing of the stars of the show and the entire wedding party. Leave it to the My Stylist@Macy’s professionals to help customers sparkle with fabulous looks fit for this holiday season’s festive soirees.

My Stylists will even fashion shoppers’ entire homes with a selection of furniture and home goods from Macy’s broad assortment, creating a look perfect for every lifestyle.

My Stylist@Macy’s will also help find the perfect gift to slip under the tree! With the number of special occasions and holidays throughout the year — birthdays, graduations, Mother’s Day, Father’s Day, Valentine’s Day, etc.— Macy’s experts can take the guesswork out of giving friends and family gifts they’ll love. What’s more, shoppers can pair a Macy’s gift card with a My Stylist@Macy’s appointment for an amazing two gifts in one!

With 135 My Stylist locations nationwide, appointments for My Stylist@Macy’s can be made online or via telephone at 800-343-0121. For more information about My Stylist@Macy’s and to make an appointment, visit macys.com/mystylist.

About Macy’s
Macy’s, the largest retail brand of Macy’s, Inc., delivers fashion and affordable luxury to customers at approximately 775 locations in 45 states, the District of Columbia, Puerto Rico and Guam, as well as to customers in the U.S. and more than 100 international destinations through its leading online store at macys.com. Via its stores, e-commerce site, mobile and social platforms, Macy’s offers distinctive assortments including the most desired family of exclusive and fashion brands for him, her and home. Macy’s is known for such epic events as Macy’s 4th of July Fireworks® and the Macy’s Thanksgiving Day Parade®, as well as spectacular fashion shows, culinary events, flower shows and celebrity appearances. Macy’s flagship stores — including Herald Square in New York City, Union Square in San Francisco, State Street in Chicago, and Dadeland in Miami and South Coast Plaza in southern California — are known internationally and are leading destinations for visitors. Building on a more than 150-year tradition, and with the collective support of customers and employees, Macy’s helps strengthen communities by supporting local and national charities giving more than $69 million each year to help make a difference in the lives of our customers.

For Macy’s media materials, including images and contacts, please visit our online pressroom at macys.com/pressroom.

Source: Macy’s

Macy’s Media Relations
Julie Strider Fukami, 646-429-5213
julie.strider@macys.com
or
Macy’s Media Relations
Billy Dume, 646-429-7449
billy.dume@macys.com

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Macy’s is expanding the personal shopping experience with the launch of My Stylist@Macy’s, a free service at select Macy’s stores nationwide; visit macys.com/mystylist for details (Photo: Business Wire)

Macy’s is expanding the personal shopping experience with the launch of My Stylist@Macy’s, a free service at select Macy’s stores nationwide; visit macys.com/mystylist for details

New Netflix original series based on “HIBANA” by Naoki Matayoshi will premiere globally on Netflix in 2016

Tokyo, 2015-8-28— /EPR Retail News/ — Netflix Inc., the world’s leading Internet television network, today announced a new Netflix original series based on “HIBANA,” the novel by Naoki Matayoshi that won the 153rd Akutagawa Prize, which will premiere globally on Netflix in 2016.

“HIBANA” (Spark) is the first novella by the comedian, Haiku Poet and scriptwriter, Naoki Matayoshi. The novella has attracted attention since it was first published in the Japanese magazine, “The Literary World” (February 2015) as a piece of serious literature produced by a popular comedian, and it has garnered high praise for the depth of the tale and the surprising story development. It is the biggest blockbuster of the year and was a candidate for the 28th Mishima Prize and the winner of the 153rd Akutagawa Prize.

“I am excited to hear this. I cannot wait to watch it!” said Naoki Matayoshi, writer and comedian.

“Netflix believes in the vision that a remarkable story connects the world, and we want to deliver the highest quality content to everyone at all times,” said Greg Peters, President of Netflix Japan. “Among the many in Japan, we are excited to announce our project based on Naoki Matayoshi’s “HIBANA”. We believe “HIBANA” is a series that will resonate around the world and we are honored to provide a global platform for Matayoshi- san to share his great story.”

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.

Netflix to lease a significant portion of the ICON office tower at Sunset Bronson Studios

14-Story Office Tower Is Now Over 60% Leased

Los Gatos and Los Angeles, 2015-8-28— /EPR Retail News/ — Netflix (NASDAQ: NFLX), the world’s leading Internet TV network, and Hudson Pacific Properties (NYSE: HPP) today announced an agreement in which Netflix will lease a significant portion of the ICON office tower at Sunset Bronson Studios.

The growing Southern California staff of Netflix is expected to occupy 200,052 square feet at ICON, part of a nearly $200 million creative office development currently under construction along Hollywood’s thriving Sunset Corridor. The deal is the largest office lease signed to date in Hollywood in terms of square feet.

“ICON is a state-of-the-art facility that places Netflix squarely in the middle of Hollywood’s creative culture to support our next stage of growth and content creation,” said Netflix CFO David Wells. “The property’s combination of office, stage and production space provides an ideal setting.”

Victor Coleman, Chairman and CEO of Hudson Pacific Properties, said, “We’re very pleased to welcome Netflix to ICON, part of a unique creative campus at the center of Hollywood’s renaissance. ICON’s innovative architecture, sustainable design, and access to top-of-the-line sound stages and production facilities are perfect for next-generation tech and media companies like Netflix. We’re transforming Sunset Bronson Studios into the most dynamic creative and production complex in the entertainment business today.”

Los Angeles Mayor Eric Garcetti said, “Netflix’s decision to relocate and expand at Hudson Pacific Properties’ beautifully designed ICON office tower reaffirms that Los Angeles remains the nexus for innovative tech and creative companies, and that the future of the entertainment industry will call Hollywood home. With this move, Netflix will bring many well-paying jobs to the Hollywood community, one of our city’s sought-after live-work-play environments. My business team is assisting Netflix with relocation and permit approvals.”

Los Angeles Councilmember Mitch O’Farrell of District 13 said, “We have set the stage for investment and success in Hollywood, and Netflix moving to the 13th District is an indication that our hard work is paying off. Hollywood’s business climate is very favorable for today’s leading media and entertainment companies. I am thrilled to welcome Netflix to ICON, and look forward to the growth, success, and creation of high-quality jobs in my district.”

The planned move of the Netflix Southern California office comes as the Internet TV company ramps up original production in Los Angeles and surrounding communities. Among the Netflix originals shot in or near Los Angeles are Arrested Development, and the Emmy-nominated Grace and Frankie as well as upcoming series Fuller House, The Ranch, Lady Dynamite, Flaked, Love, and With Bob And David and the Netflix original film Pee-wee’s Big Holiday.

ICON is a 14-story, 323,000-square-foot office tower scheduled for completion in late 2016. Hudson Pacific Properties’ other projects underway at Sunset Bronson Studios include an under-construction roughly 1,600-space parking structure and a planned five-story, 96,000-square-foot creative office building for delivery in mid-2017. The two Class A office buildings were designed with today’s leading creative companies in mind. Both will be LEED Gold certified with cutting-edge systems, large floor plates, significant column-free spans, and underfloor power and data options, all of which enhance workplace efficiency and flexibility.

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.

About Hudson Pacific Properties
Hudson Pacific Properties is a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select West Coast markets. Hudson invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, Hudson has strategically assembled a portfolio totaling approximately 17.6 million square feet, including land for development, in high-growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and industry-leading growth companies, many in the technology, media and entertainment sectors. As a long-term owner, Hudson prioritizes tenant satisfaction and retention, providing highly customized build-outs and working proactively to accommodate tenants’ growth. Hudson trades as a component of the Russell 2000® and the Russell 3000® indices. For more information visit hudsonpacificproperties.com.

Forward-Looking Statements For Hudson Pacific Properties
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Hudson’s control that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Hudson’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, Hudson disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause Hudson’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in Hudson’s Annual Report on Form 10-K for the year ended December 31, 2014 filed with the Securities and Exchange Commission, or SEC, on March 2, 2015, as amended, and other risks described in documents subsequently filed by Hudson from time to time with the SEC.

Investor/Media Contacts:

Netflix
Jonathan Friedland
Chief Communications Officer
310.734.2958
jofriedland@netflix.com

Hudson Pacific Properties, Inc.
Laura Campbell
Director, Investor Relations
310.622.1702
lcampbell@hudsonppi.com

Greg Berardi
Blue Marlin Partners
415.239.7826
greg@bluemarlinpartners.com

The Musée Christian Dior in Granville presents exhibition entitled Dior, The New Look Revolution, Jun 6 – Nov 1

PARIS, 2015-8-28— /EPR Retail News/ — The Musée Christian Dior in Granville, located in the couturier’s childhood home, is presenting a stunning exhibition entitled Dior, The New Look Revolution.  This return to sources explores the designer’s original inspirations and illustrates the invention of a  revolutionary new style.

With its assertive curves and clean lines, the New Look style accentuated waists like never before. When Christian Dior presented it for his first haute couture collection in 1947, it triggered an exciting revolution. And the icon of this revolution was the silhouette of the Bar suit, with rounded tails that followed the curves of the bust over a long flared pleated skirt. The exhibitionDior, The New Look Revolution, curated by Florence Müller, retraces the trajectory of the Bar suit, from the timeless design to a mythic modern-day icon, drawing on archive documents and photographs, as well as contemporary Dior creations inspired by the New Look vision. The storied adventure is also recounted in a book with the same title published in conjunction with the exhibition by Rizzoli, with text by Laurence Benaïm.

To celebrate the event and pay tribute to the creative genius of its founder, Dior shot its Fall/Winter 2015-2016 campaign around the Granville family home. Raf Simons’ animal-inspired prints and long thigh boots molding like a second skin are captured against the rocky Normandy cliffs that marked Monsieur Dior’s childhood.

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The Musée Christian Dior in Granville presents exhibition entitled Dior, The New Look Revolution, Jun 6 - Nov 1

The Musée Christian Dior in Granville presents exhibition entitled Dior, The New Look Revolution, Jun 6 – Nov 1

Sainsbury’s will award 137,000 colleagues with pay increase of 4%

LONDON, 2015-8-28— /EPR Retail News/ — Sainsbury’s will award 137,000 colleagues working in stores across the country an industry-leading pay increase of 4%, taking Sainsbury’s standard rate of pay to £7.36 per hour, effective from 30 August. This is the highest pay increase for store colleagues the company has awarded in over a decade.

  • Takes pay for store colleagues well above the Government’s new National Living Wage
  • Sainsbury’s store colleagues are among the best rewarded in the retail industry

This compares favourably to the Government’s recently announced National Living Wage of £7.20 per hour for workers over the age of 25 by April 2016.  Sainsbury’s has also decided not to differentiate between over and under 25s, so the new hourly rate of £7.36 will also apply to more than 40,000 colleagues under the age of 25*.

Sainsbury’s colleagues also enjoy a range of valuable benefits over and above hourly pay; for example, Sainsbury’s is one of the few retailers to pay colleagues for the breaks they take during their shifts**.  Other benefits highly valued by colleagues include a pension, life insurance, a discount card and an annual bonus. This year 133,000 colleagues shared a bonus pot of £50m.

Sainsbury’s CEO, Mike Coupe, said: “We’re delighted to announce a 4% pay increase for the colleagues who work in our stores across the country.  We know what a difference they make to our customers each and every day and we’re totally committed to rewarding them well for the great service they provide.  I’ve talked to thousands of colleagues over the past year and they tell me how much they value their package of benefits and the flexibility that we can offer as an employer, as well as hourly pay which has always been well over the minimum wage.  Their hard work, talent and dedication have been central to our success and will remain so in the future.”

Notes to Editors

*Under 18s in store begin on an introductory training rate for the first six months, before moving up to the standard rate of pay

** Sainsbury’s pays colleagues for a 30 minute break during an eight hour shift, and for a 15 minute break during a 4.5 hour shift. The example below clarifies the significance of paid breaks:

  • A full-time Sainsbury’s store colleague works a 39 hour week.  Her new hourly rate is £7.36 and, because sheis paid for her five x 30 minute breaks, she earns £287.04 per week
  • The Tesco hourly rate is £7.39 but their staff are not paid for breaks, so they earn £269.74 for a comparable working week
  • Sainsbury’s basic rate of pay for 137,000 non-management store colleagues will increase from £7.08 to £7.36 from 30August 2015
  • Sainsbury’s employs 161,000 colleagues across its stores, depots and store support centres

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Sainsbury’s will award 137,000 colleagues with pay increase of 4%

Sainsbury’s will award 137,000 colleagues with pay increase of 4%

Migros: Outdoor by SportXX wird ab Herbst 2015 an acht weiteren Standorten in der Schweiz vertreten sein

Zürich, 2015-8-28— /EPR Retail News/ — „Outdoor by SportXX“, der Migros-Fachmarktspezialist für Trekking- und Wander-Fans wird ab Herbst 2015 an acht weiteren Standorten in der Schweiz vertreten sein. Neu findet die Expansion auch in bestehenden SportXX-Filialen statt, vergleichbar mit dem erfolgreichen Shop in Shop-Konzept des Laufsport-Spezialisten Ryffel Running by SportXX. Die fünf Stand-alone-Filialen von Outdoor by SportXX bleiben weiterhin bestehen.

Outdoor by SportXX geht neue Wege

Bereits im März 2014 wurde ein erster Outdoor-Shop erfolgreich in die Verkaufsfläche der SportXX-Filiale im Glattzentrum Wallisellen integriert, gefolgt von zwei weiteren Standorten in Conthey und in Brügg. Das neue Shop in Shop-Konzept in diesen drei SportXX-Filialen hat sich bewährt. „Die Kunden schätzen es, das komplette Sportartikel-Angebot unter einem Dach vorzufinden“, sagt Roman A. Müller, Leiter von SportXX. Bis Ende Jahr wird das Outdoor-Shop in Shop-Konzept in acht weiteren SportXX-Filialen umgesetzt. Den Beginn macht am 29. August 2015 die SportXX-Filiale im Zentrum Dreispitz in Basel, gefolgt von SportXX-Standorten in Buchs, Sursee, Bülach, Carouge, Schönbühl, Thun und Steinhausen.

Die neuen, integrierten Outdoor by SportXX-Shops mit 320 bis 450 Quadratmetern Verkaufsfläche werden ein anspruchsvolles Sortiment mit bekannten Marken wie Haglöfs, Marmot, Fjällräven, Hanwag, La Sportiva und The North Face führen. Das Angebot enthält eine grosse Auswahl an Kleidern, Schuhen, Ausrüstung und Accessoires und bietet passende Produkte vor allem für ambitionierte Trekking- und Wanderbegeisterte aber auch für Reisekunden und die die ganze Familie.

Fachkundige Beratung
Wie bei den bestehenden Outdoor by SportXX-Filialen werden die Kunden an den neuen Standorten durch Spezialisten beraten. Das auf Trekking geschulte Verkaufspersonal nimmt regelmässig an Weiterbildungskursen zu neuen Technologien und Trends teil. „Unsere Mitarbeitenden sind selbst begeisterte Outdoor-Enthusiasten und testen an mehrtägigen Kursen direkt im Gelände die angebotenen Produkte“, bekräftigt Roman A. Müller.

Outdoor by SportXX wurde 2008 lanciert und wird bis Ende Jahr 16 Standorte zählen. In den folgenden Jahren werden weitere SportXX-Filialen mit integrierten Outdoor-Shops ausgestattet werden.
Informationen zum Sortiment stehen unter www.outdoor-sportxx.ch zur Verfügung.

Für weitere Informationen

Migros-Genossenschafts-Bund
Mediensprecherin
Monika Weibel

Tel.044 277 20 63
Fax044 277 23 33
monika.weibel@mgb.ch

Kontakt für Kunden
M-Infoline

Montag bis Freitag 08.00 – 18.00 Uhr
Samstag: 08.30 – 16.30 Uhr
Limmatstrasse 152
CH-8031 Zürich
Tel.0800 84 08 48

Zum Kontaktformular

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Migros: Outdoor by SportXX wird ab Herbst 2015 an acht weiteren Standorten in der Schweiz vertreten sein

Migros: Outdoor by SportXX wird ab Herbst 2015 an acht weiteren Standorten in der Schweiz vertreten sein