InvenTrust divests its student housing platform University House for $1.4 Billion to UHC Acquisition Sub LLC

  • Positions InvenTrust to Become a Pure-Play Retail REIT
  • Transaction Expected to Close in Mid-2016

OAK BROOK, Ill., 2016-1-5 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”) today announced that it has entered into a definitive purchase agreement (“Purchase Agreement”) with UHC Acquisition Sub LLC, a subsidiary of a joint venture formed between Canada Pension Plan Investment Board, GIC and Scion Communities Investors LLC (together “the Joint Venture”), under which the Joint Venture’s subsidiary will acquire InvenTrust’s student housing platform, University House Communities Group Inc. (“University House”).

“The sale of University House marks the culmination of our portfolio evolution strategy to focus our energies and investment capital into our multi-tenant retail platform,” said Thomas McGuinness, Chief Executive Officer and President of InvenTrust. “While University House has been a valuable component of InvenTrust’s portfolio, we are very excited about this transaction, which represents the conclusion of a robust evaluation process to maximize the value we receive for the platform. Following this important step and the recently announced spin-off of our non-core portfolio, we remain committed to our strategy of refining and tailoring our pure-play retail platform.”

“The sale of University House is another great example of our ability to negotiate and act on large, complex transactions,” said Michael Podboy, Chief Financial Officer and Chief Investment Officer of InvenTrust. “After a thorough assessment of the landscape for student housing, we believe now is the right time to sell our student housing platform.”

The Purchase Agreement’s gross all-cash value is $1.4 billion. Under the terms of the Purchase Agreement, the final net proceeds will be determined at the closing of the transaction following the determination of several events and closing considerations. The transaction is expected to close in mid-2016 subject to certain closing conditions. InvenTrust intends to explore all options regarding the use of the net proceeds from the University House transaction.

Advisors

Citigroup and JP Morgan are acting as financial advisors to InvenTrust. Skadden, Arps, Slate, Meagher & Flom LLP and Hunton & Williams LLP are acting as legal counsel to InvenTrust.

ABOUT INVENTRUST PROPERTIES CORP.
As of September 30, 2015, InvenTrust owned 128 multi-tenant retail properties (including 18 JV assets), comprising 19 million square feet of retail space in 24 states.

Forward-Looking Statements Disclaimer

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. These statements include statements about our plans and strategies and future events, including the sale of University House; the consideration for the University House transaction the anticipated timing to close the University House transaction; the retail strategy; and the use of proceeds, among other things. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain and involve known and unknown risks that are difficult to predict. Factors that may cause actual results to differ materially from current expectations include, among others, the potential failure to satisfy closing conditions with respect to the transaction; and our ability to execute on our strategy. For further discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see the Risk Factors included in InvenTrust’s most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the Securities and Exchange Commission. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

InvenTrust Properties Corp.
Dan Lombardo, 630-570-0605
dan.lombardo@InvenTrustProperties.com

Source: InvenTrust Properties Corp.

JJX Logistics signs five-year lease with London & Cambridge Properties

LONDON, 2016-1-5 — /EPR Retail News/ — A West Midlands logistics and warehouse company is on the first step of a major expansion plan after more than doubling its space.

JJX Logistics is adding the finishing touches to Building 40, The Pensnett Estate, Kingswinford, after agreeing a five-year lease with London & Cambridge Properties (LCP), which owns and manages the site.

The commercial pallet storage,international courier service and general haulage company is preparing to move in to its new 21,460 sq ft unit before Christmas.

Mick Cox, operations manager, said the new site complements its existing

10,000 sq ft base in Wolverhampton and it has already appointed three new members of staff.

It marks the beginning of what is likely to be a rapid period of expansion for JJX Logistics, with plans for a larger vehicle fleet and new drivers to be rolled out during 2016.

“We are growing at a rapid rate of knots and I believe we could even outgrow our new facilities within three years,” said Mick.

“We looked at around 15  properties before we settled on Building 40 because of its great location, its level of security, and the fact that it had already undergone refurbishment so it was ready to move in.”

Andrew Preston, industrial portfolio manager at LCP, said: “The Pensnett Estate is continuing to attract businesses that like the attention to detail that we offer; it is one of the reasons why it is proving to be a very popular option for established firms that want to expand their enterprises, as well as for start-ups who are on the first rung of the ladder.

“We are pleased to welcome JJX Logistics to the estate after its long search for the right premises. We are committed to providing a first-class service for our tenants, which is something that businesses want when they take on a lease because they want to focus on their own customers and not worry about anything else.”

London & Cambridge Properties Limited

LCP House
The Pensnett Estate
Kingswinford
DY6 7NA
Tel: 01384 400123
Fax: 01384 400862
20th Floor
Millbank Tower
Millbank
London SW1P 4QP
Tel: 020 7233 5255
Fax: 020 7233 5266
Email: propertyenquiry@lcpproperties.co.uk

SOURCE: London & Cambridge Properties Limited

The Bon-Ton Stores, Inc. invites local groups to sign up for the company’s semi-annual Community Days event

Groups Can Raise Funds by Selling Community Days Booklets Through February 27

MILWAUKEE, 2016-1-5 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT), which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores, invites local schools and non-profit groups to sign up for the company’s semi-annual Community Days event. Local groups are invited to sign up now at www.communitydayevent.com to sell Community Days savings booklets in their neighborhoods and online.  The shopping event will be held on February 26 and February 27, with savings booklet donations benefitting local non-profit organizations. For the fourth consecutive year, customers may also designate donations to the American Heart Association (AHA) to support heart health.

“Community Days is a great opportunity for local schools and non-profit organizations to raise funds and increase visibility in their community,” saidKathryn Bufano, President & CEO, The Bon-Ton Stores, Inc. “Bon-Ton is proud to continue to support the communities that we serve.”

Eligible Community Days organizations include schools and 501(c) (3) nonprofit organizations. These organizations sell coupon booklets for a $5donation to support their organization; the organization keeps 100% of the $5 donation. When an organization registers to sell the books online, they will receive a unique online selling link that can be e-mailed to supporters, friends and family. Sellers are encouraged to utilize the link on all social media channels.

Now through Saturday, February 27, customers can purchase a $5 Community Days booklet from a local participating organization,  in any Bon-Ton,Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s or Younkers store or online. In return, the purchaser receives the valuable booklet of offers, which pays the donor back with a $10 off coupon.  The booklet also contains a 25% off shopping pass, a 30% item coupon and over $500 in exclusive coupon savings to use at all stores and online during the Community Days event February 26-27.

During the November Community Days event in 2015, schools and nonprofit organizations raised over $5.4 million. Since 1999, Bon-Ton Stores Community Days has helped thousands of local non-profit 501(c) (3) groups and schools raise more than $130 million to support local community initiatives. For more information or to support a participating organization, visit www.communitydayevent.com.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 270 stores, which includes ten furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates.  The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings.  The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves.

For store locations and information visit www.bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter,Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle.

CONTACTS: Christine Hojnacki, Vice President Public Relations 414.347.5329, cell 262.378.9354 Christine.Hojnacki@bonton.com Nicole Koremenos, Senior PR Coordinator 414.347.1152 ext. 3278 Nicole.koremenos@bonton.com

Source: The Bon-Ton Stores, Inc.

News Provided by Acquire Media

Bonmarché awarded one-star accreditation from Best Companies and shortlisted in the Top 25 Best Companies to Work For List

Bonmarché shortlisted in the Best Companies “Top 25 Best Companies to Work For”

Wakefield, England, 2016-1-5 — /EPR Retail News/ — Bonmarché has been awarded a one-star accreditation from Best Companies, the employee engagement specialists, and simultaneously has been shortlisted in the Top 25 Best Companies to Work For List. The winners of the award will be announced at an awards ceremony on 25 February 2016.

The recognition is due to Bonmarché achieving a high score on Best Companies’ survey, which examined the ins-and-outs of company life. As the survey reveals how employees perceive their work environment, Bonmarché was seen as an employer that creates a workplace environment which is engaging and uplifting.

Earlier this year, Bonmarché conducted its second Culture Survey which aimed to improve the understanding of areas of current strengths and possible improvements in the business. These findings were used to identify how to build a high performance culture and as a result, the employees feel better connected with the wider company and feel their opinions are valued as a result of such improvements.

Speaking of this year’s shortlist, the Best Companies’ CEO and Founder Jonathan Austin said, “I would like to congratulate Bonmarché on their outstanding achievement. We know that the main challenge for many organisations this year will be talent attraction and retention. For organisations like Bonmarché that have demonstrated their ability to create an engaged workforce and recognise the importance of caring about their employees, they are in a good position to retain and attract the talent they need.”

Paul Kendrick, Marking & Multi Channel Director for Bonmarché said, “We are so thrilled that Bonmarché has been shortlisted for the Best Companies to Work For in the UK and it is reflective of the passion, energy and drive of our colleagues across the business. It has been an exciting year for the business reflected not only by this accolade but also in our shortlisting in two categories for the Retail Week Awards 2016 as Employer of the Year and Speciality Retailer of the Year.”

Media Contacts
For all media enquiries please contact:

FTI Consulting

Email: bonmarche.sc@fticonsulting.com
Call: +44 20 7831 3113

SOURCE: Bonmarché

Staples helps small businesses succeed and grow in the New Year with the launch of Quick Wins app

Small Businesses Want Help Getting Metrics on Track, Not Sure What to Focus on To Ensure Success, according to Staples Survey

FRAMINGHAM, Mass., 2016-1-5 — /EPR Retail News/ — Staples (NASDAQ: SPLS) today announced the launch of its Quick Wins app to help small businesses succeed and grow in the New Year. The Quick Wins app offers business-specific ideas, metrics and community support in one easy-to-access place.

Most small businesses (72 percent) want assistance getting their business metrics on track, yet two in five (41 percent) are not sure what business metrics they should focus on in order to ensure their success.

Through Staples Quick Wins app, small businesses will sync their most important business metrics such as Facebook and Twitter engagement, site traffic, sales and tools such as Google Analytics and QuickBooks to pull in key financial, website and marketing metrics that can be tracked daily and weekly. Instagram and MailChimp will be available at a later date.

Based on these metrics, Quick Wins will provide business-specific ideas to grow their small business. The Quick Wins app also gives members access to a community of small business peers where they can ask questions and support each other with ideas, something most (62 percent) small businesses are interested in.

“At Staples, we have 30 years of experience helping small businesses with the products and services they need to succeed,” said Alison Corcoran, senior vice president North American stores and online, Staples. “We know our customers are so busy running their businesses that they don’t have the time and resources to grow. The Staples Quick Wins app will help pull key metrics together in one location, making it easy for the small business to access no matter where they are.”

To learn more about the Staples Quick Wins app visit: www.staplesquickwins.com

“Our recent small business survey found that small businesses know they should be setting goals and tracking progress, but can’t find the time or the tools to do it,” said Corcoran. “The Quick Wins app lets small businesses track their progress and helps with business-specific ideas to grow.”

The survey also found:

  • A majority (62 percent) would find it useful to have a single dashboard with all of their core business metrics organized in one place for quick and easy viewing.
  • More than half of all small business leaders (51 percent) admit that they do not measure and track business metrics as often as they should.
  • One in three small businesses (32 percent) does not hold themselves accountable by regularly comparing marketing and financial measurements against their business goals.
  • Most small business leaders (65 percent) would like easy ways to compare key financial and marketing measurements against business goals on a regular basis.
  • Small business leaders are very community-minded and most (53 percent) would find advice and support from peers very useful.
  • Three in five small business leaders (62 percent) are interested in participating in a community of small business leaders to exchange ideas, questions, and advice on growing a business.

The Staples Quick Wins app is the latest addition to a suite of services and products Staples offers small business customers. From the MORE account, Staples Business Loans and Staples Rewards® to Print and Marketing Services and Tech Services, Staples offers small businesses everything needed to make more happen.

To provide more context on the Quick Wins App and how mobile apps can help grow your small businesses, Staples teamed up with small business expert, Gene Marks, for an online webinar on Tuesday, January 12 at 1pm EST. To register, please visit: https://cc.readytalk.com/r/q4kdkit6oqie&eom

About the Survey
This survey of 998 small business leaders was conducted using Research Now and was live from December 10, 2015 – December 17, 2015.

About Staples
Staples makes it easy to make more happen with more products and more ways to shop. Through its world-class retail, online and delivery capabilities, Staples lets customers shop however and whenever they want, whether it’s in-store, online, on mobile devices, or through the company’s innovative buy online, pick-up in store option.Staples offers more products than ever, such as technology, facilities and breakroom supplies, furniture, safety supplies, medical supplies, and Print and Marketing Services. Headquartered outside of Boston, Staples operates throughout North and South America, Europe, Asia, Australia and New Zealand. More information about Staples (SPLS) is available at www.staples.com.

Source: Staples

Staples
Kristine Houston, 508-253-8468
Kristine.Houston@Staples.com
or
Carrie McElwee, 508-253-1405
Carrie.McElwee@Staples.com

People’s Choice Award for Favorite Humanitarian, presented by Walgreens to be awarded to Ellen DeGeneres

LOS ANGELES, CA, 2016-1-5 — /EPR Retail News/ — The People’s Choice Awards and CBS announced today that Ellen DeGeneres will receive the fourth annual People’s Choice Award for Favorite Humanitarian, presented by Walgreens, during the live awards show from the Microsoft Theater on Wednesday, January 6th, 2016 (9:00-11:00 PM, ET/delayed PT) on the CBS Television Network.

“I am so honored to be receiving the People’s Choice Humanitarian Award. I think it sums me up perfectly as I am both a human and an itarian,” stated DeGeneres.

DeGeneres was chosen as this year’s honoree in recognition of her tireless efforts to help communities in need and bring awareness to organizations and charities that are making a difference in people’s lives. As the recipient of the Favorite Humanitarian Award, DeGeneres has selected St. Jude Children’s Research Hospital as the beneficiary of the annual donation presented by Walgreens. Additionally, for every CoverGirl, Pantene, Crest and Oral-B 3DWhite product sold at Walgreens, Walgreens.com, or Duane Reade between 1/6 and 1/9, Walgreens will make a $1 donation to St. Jude Children’s Research Hospital.

St. Jude is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to more than 80 percent since it opened more than 50 years ago. St. Jude is working to drive the overall survival rate for childhood cancer to 90 percent, and they won’t stop they eliminate childhood cancer entirely.

Walgreens, the official retail sponsor of PEOPLE’S CHOICE AWARDS 2016, is once again presenting the award for Favorite Humanitarian in conjunction with the company’s purpose to champion everyone’s right to be happy and healthy. Past winners of the award include Sandra Bullock in 2013 in recognition of her work with the Warren Easton High School in New Orleans, Jennifer Hudson in 2014 to honor her work with the Julian D. King Gift Foundation and Ben Affleck in 2015 to recognize his work with the Eastern Congo Initiative.

DeGeneres is a 15-time People’s Choice Awards winner and a nominee again in 2016 for Favorite Talk Show Host, putting her in contention to become tied for the most People’s Choice Award wins in the 42-year history of the franchise.

Tickets to the PEOPLE’S CHOICE AWARDS 2016 show are available for fans to purchase through AXS.com.

ABOUT ST. JUDE CHILDREN RESEARCH HOSPITAL
St. Jude Children’s Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to 80 percent since the hospital opened more than 50 years ago. St. Jude is working to drive the overall survival rate for childhood cancer to 90 percent, and we won’t stop until no child dies from cancer. St. Jude freely shares the discoveries it makes, and every child saved at St. Jude means doctors and scientists worldwide can use that knowledge to save thousands more children. Families never receive a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is helping their child live.

ABOUT WALGREENS
Walgreens (www.walgreens.com), one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise. More than 8 million customers interact with Walgreens each day in communities across America, using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens operates 8,173 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens digital business includes Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic and provider practice locations around the country.

ABOUT PEOPLE’S CHOICE
Now in its 42nd year, the People’s Choice Awards is the only major awards show voted on entirely by the public for fan favorites in movies, music, television and digital.  The People’s Choice official website at www.PeoplesChoice.com houses the voting platform where fans determine the nominees and winners for the annual awards show.  Every year, potential nominees are determined by national ratings averages, box-office grosses, music & gaming sales, social activity and PeoplesChoice.com data, then vetted through E-Poll Market Research.  Fred Nelson is the President of People’s Choice, and serves alongside Mark Burnett and Jane Mun as Executive Producers of the awards show. The awards show, and digital, mobile and social extensions of the brand are owned by Procter & Gamble, and produced by United Artist Media Group (UAMG) a joint venture among MGM, Mark Burnett, Roma Downey and Hearst Corporation. MGM will serve as the international distributor.
Follow us on our social channels:
Facebook      facebook.com/peopleschoice
Twitter         @peopleschoice
Instagram     @peopleschoice
Periscope     @peopleschoice
Snapchat       peopleschoice

People’s Choice Awards 2016 Contacts:
Andy Gelb / Rachael Trager | Slate PR | 310-461-0111 | andy@slate-pr.com / rachael@slate-pr.com
Johanna McCabe | People’s Choice | 212-969-7515 | Johanna@uamg.com

Starbucks Canada introduces Evolution Fresh™/mc cold-pressed, HPP juices to customers nationwide

High-quality cold-pressed, high pressure processed (HPP) juices now widely available to Canadians

TORONTO, 2016-1-5 — /EPR Retail News/ — Today, Starbucks Canada introduces high-quality, delicious and nutritious Evolution Fresh™/mc cold-pressed, HPP juice to customers at more than 1,300 participating stores nationwide.

The introduction of Evolution Fresh will make Starbucks Canada one of the largest distributors of cold-pressed HPP juices in the country, providing Canadians with a quick and convenient way to make a healthy lifestyle choice. Evolution Fresh™/mc cold-pressed, high pressure processed juices will be available in four varieties – Orange, Sweet Berry, Sweet Greens and Super Green – competitively priced from $4.95 to $5.95.

“We want to enrich our customers’ lives by offering a superior option for their healthy choice,” said Rossann Williams, president, Starbucks Canada. “Customers will be amazed when they learn that each 450 milliliter bottle contains from one to two pounds of fruit, or fruit and vegetables. I am certain they will enjoy how remarkably fresh the pure ingredients taste – as if the juice had just been freshly made in their kitchen.”

This launch marks the Evolution Fresh brand’s first foray into the Canadian market and demonstrates continued business momentum, building on the more than 15,000 points of distribution in the United States, including grocery, natural channel and Starbucks® retail locations. Evolution Fresh was acquired by Starbucks in 2011, which invested in a $70 million, 264,000-square-foot juicery based in Rancho Cucamonga, California, which is the largest HPP juicery (in sales) in the United States capable of sourcing, peeling, squeezing and pressing raw fruits and vegetables. This facility has furthered Evolution Fresh’s industry leadership and enabled the company to deliver high-quality juice at scale using HPP to help protect nutrients and authentic flavor in every bottle.

Evolution Fresh founder, Jimmy Rosenberg, discovered his passion for juice more than 30 years ago making fresh juice in his mom’s kitchen and selling it on the beaches of Santa Monica, California. In 1995, he started Evolution Fresh with a mission of giving more people access to the amazing health benefits and vibrant flavor of juice. The introduction of high pressure processing in 2010 was a milestone in protecting authentic flavor and nutrients.

“Getting more fruits and vegetables in your diet is not some new health and wellness trend,” said Rosenberg.  “Life is complicated and although we know it will make us feel better, getting enough fruits and green vegetables can require a lot of effort. By offering cold-pressed juice in select Starbucks® stores across Canada, especially our green juices, we are making it convenient for people to make what I call a ‘loving choice,’ something delicious that also offers three servings of vegetables or combined fruit and vegetable servings  in each bottle.”

By kicking off 2016 with the launch of Evolution Fresh™/mc juices in Canada, customers in more than 1,300 Starbucks® locations now have a convenient way to start a getting more fruit and vegetables into their diets. From drinking a green juice to taking a weekly walk, Evolution Fresh is encouraging and inspiring people to make small, positive changes that can lead to a little more joy and wellness in 2016.

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

About Evolution Fresh, Inc.
Evolution Fresh offers cold-pressed juice and goods that provide high-quality, wholesome and delicious nutrition to consumers. Evolution Fresh takes a different approach to crafting its cold-pressed juice – it presses and squeezes vegetables and fruits, bottles the juice cold and uses high pressure processing (HPP) to help protect flavours and nutrients. Acquired by Starbucks (NASDAQ:SBUX) in 2011, Starbucks and Evolution Fresh seek to make incredible nutrition widely accessible. To learn more about Evolution Fresh and our cold-pressed difference, please visit evolutionfresh.com.

For more information on this news release, contact us.

SOURCE: Starbucks Corporation

###

Starbucks Canada introduces Evolution Fresh™/mc cold-pressed, HPP juices to customers nationwide

Starbucks Canada introduces Evolution Fresh™/mc cold-pressed, HPP juices to customers nationwide

Amazon: more than 23 million items were ordered worldwide on Cyber Monday; more than 40 percent increase year-over-year

  • Sellers received orders for more than 23 million items on Cyber Monday
  • Fulfillment by Amazon delivered more than 1 billion items worldwide in 2015
  • Sponsored Products adoption grew more than 100 percent in 2015

SEATTLE, 2016-1-5 — /EPR Retail News/ — (NASDAQ: AMZN) – Amazon today announced that more than 23 million items were ordered worldwide from sellers on Amazon on Cyber Monday, a more than 40 percent increase year-over-year. To help sellers scale their businesses and delight customers with Amazon’s award-winning fulfillment and customer service, the Fulfillment by Amazon (FBA) service delivered more than 1 billion items worldwide in 2015. Sponsored Products adoption by sellers worldwide grew more than 100 percent year-over-year as sellers advertised their products and built their brands on Amazon. During the holiday season, individuals and businesses selling onAmazon sold to more than 80 percent of Amazon customers worldwide who ordered a physical item.

“It’s never been easier for sellers, local merchants and artisans to grow their businesses on Amazon. With targeted advertising tools like Sponsored Products, access to Amazon’s fulfillment and customer service expertise through FBA, and new marketplaces like Handmade atAmazon and Amazon Home Services, businesses of all sizes can easily reach millions of customers around the world,” said Peter Faricy, VP for Amazon Marketplace. “2015 was a big year for sellers on Amazon. In fact, sellers added more new selection and shipped more items than in any previous year. We’re excited to build on that momentum as we continue to innovate on behalf of sellers and customers.”

2015 Amazon Services Growth

Marketplace and FBA

  • FBA delivered more than 1 billion items to customers worldwide.
  • Active sellers worldwide using the FBA service grew more than 50 percent year-over-year.
  • Using the FBA service, Amazon sellers from more than 100 different countries around the world fulfilled orders to customers in 185 countries.
  • Cross-border sellers worldwide using FBA grew more than 100 percent year-over-year.
  • FBA offers from sellers are now available with FREE Same-Day Delivery to Prime members in more than 750 U.S. cities across 16 U.S. metro areas on qualifying orders over $35.

Sponsored Products

  • In 2015, sellers worldwide using Sponsored Products grew more than 100 percent.
  • Sellers worldwide garnered more than $1.5 billion in sales through Sponsored Products listings.

Holiday Season

  • During the holiday season, individuals and businesses selling on Amazon sold to more than 80 percent of Amazon customers worldwide who ordered a physical item.
  • Sellers received orders for more than 23 million items on Cyber Monday.
  • FBA items shipped worldwide grew more than 60 percent year-over-year during the holiday season.
  • In the U.S., Sponsored Products clicks grew 200 percent year-over-year during the holiday season.

Business Highlights

New Marketplaces

  • Amazon launched Handmade at Amazon (www.amazon.com/handmade), a new store featuring genuinely handmade items crafted and sold directly from artisans. Handmade at Amazon offers more than 200,000 quality handcrafted items from around the world, and artisans continue to add thousands of items each day. Handmade at Amazon has expanded to more than 10,000 artisans, with hundreds of new artisans joining every week.
  • Amazon unveiled Amazon Home Services (www.amazon.com/homeservices), a new marketplace for on-demand professional services, backed by Amazon’s Happiness Guarantee. Customers can browse, purchase, and schedule hundreds of professional services directly on Amazon. Amazon Home Services has handpicked pros offering upfront pricing on pre-packaged and custom services with helpful reviews from customers who have made verified purchases.
  • Amazon introduced Amazon Business (www.amazon.com/business), a new marketplace that provides sellers the opportunity to grow their sales by reaching business customers. Amazon Business features exclusive business pricing tools, the ability for sellers to list their credentials and quantity discounts for qualifying purchases.
  • Amazon launched Amazon Exclusives (www.amazon.com/exclusives), a new store that gives customers direct access to innovative new products from more than a hundred up-and-coming brands. Manufacturers that join the Amazon Exclusives program and sell exclusively on Amazon and their own website receive additional merchandising, account management and promotion.

Expansion

  • Amazon launched Selling on Amazon and FBA offerings in Mexico (www.amazon.com.mx). Amazon Mexico now offers customers millions of unique items from thousands of sellers across Mexico.
  • Amazon introduced Seller Fulfilled Prime in the U.S. and select international regions. Trusted sellers who fulfill their own products and guarantee fast, free shipping can now have their items badged and visible to customers as Prime-eligible. Participating sellers have already made Prime shipping benefits available on 500,000 products worldwide.
  • Top brands and vertical retailers became sellers on Amazon including Payless Shoes, Bluefly, Jewelry.com and Pep Boys.
  • Sellers on Amazon worldwide participated in Amazon Prime Day offering thousands of deals to customers.
  • Amazon Lending launched in the U.K. and India. The Amazon Lending program offers business loans to invited sellers on Amazon to help them grow their businesses.

New Seller Tools and Services

  • Amazon launched the FBA Small and Light Program in the U.S. with free 4-8 day shipping. The FBA Small and Light program added thousands of items less than eight ounces priced under $10.
  • Sponsored Products added new placements to better reach customers including the first row of Search, Mobile Shopping App, and a second Product Detail Page carousel.
  • Sponsored Products introduced new tools to help sellers save time and effectively manage their advertising spend, including Bid+, an API, and Bulk Sheet uploads.
  • On the Seller Central Pricing Dashboard, sellers can now review and act on a variety of recommendations to help adjust their pricing in real time.
  • Amazon launched the North America Unified Accounts feature that allows sellers to manage their U.S., CA, and MX businesses from a single Seller Central account.
  • Sellers on Amazon that ship their products direct to customers can now show the estimated delivery date on the offer listing page instead of at checkout, providing a better customer experience.
  • Amazon added the Selling Coach tool to the Amazon Seller app allowing sellers to review and act on sourcing recommendations within the app to help on-the-go sellers manage their businesses from mobile devices. The Amazon Seller app is available for Android and iOS.
  • Amazon launched the new and improved Build International Listings tool allowing sellers in the U.S. and the EU to easily create product offers, manage pricing and translate offers across international marketplaces.
  • Amazon introduced “Lite” Product Listing Templates that reduce the number of attributes required to list new items, making it easier and faster for sellers to list new offers.
  • Amazon launched Inventory Planning tools to help sellers better plan and manage their inventory. The Inventory Planning tools provide sellers their key inventory metrics, highlight opportunities to improve inventory efficiency and in-stock rates, and provide insights to help sellers take action to improve their inventory performance.

Businesses interested in Selling on Amazon, FBA and Sponsored Products can visit us for more details at http://services.amazon.com.

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 tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

Source: Amazon.com, Inc.

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

Lowe’s to offer professional monitoring services for its do-it-yourself Iris smart home solution

MOORESVILLE, N.C., 2016-1-5 — /EPR Retail News/ — Today, Lowe’s announced it will offer professional monitoring services for its do-it-yourself Iris smart home solution.  Lowe’s has partnered with United Central Control, Inc. (UCC), a U.L-listed, Five Diamond-rated central monitoring station, to offer the new service. UCC has been providing world class monitoring services for over thirty-three years. For the first time, Iris customers, who are either homeowners or renters, will have the ability for emergency responders to be dispatched to their homes in the event of an intrusion, smoke, carbon monoxide or panic alarms for an all-inclusive, month-to-month fee with no long-term contract required.  This addition to Lowe’s smart home offering demonstrates the company’s focus on delivering value to consumers and represents a significant entry into the professional monitoring market.

According to the 2015 Smart Home Survey annually conducted by Lowe’s, 62 percent of adults claim security is the most beneficial reason to own smart home devices.

“Many of our customers have been interested in the added peace of mind of 24/7 protection with live professionals available to help if problems occur, but only if it was as affordable and flexible as Iris is today,” said Mick Koster, vice president and general manager of Iris Home Systems.  “By providing customers with Iris’ easy-to-install, wireless DIY system combined with professional monitoring capabilities they can trust and afford, we are offering the most all-inclusive smart home solution available at the best value for both homeowners and renters alike.  Whether our customers self-monitor or use our new professionally monitored service, Iris is the smart home system that evolves with you as your life changes and helps make your life easier.”

Lowe’s customers in select markets and where licensing allows (TBA) will be able to take full advantage of professional monitoring for their Iris system for only $19.99 per month starting in Q2 2016. This new service includes the Iris Premium Service ($9.99 monthly value), offering advanced ways to monitor and control the home, including notifications and calls to family and friends in the event of an alarm. Also included with Iris’ professional monitoring service is the Iris cellular backup service, which provides connection when homeowners’ broadband or WiFi goes down ($4.99 monthly value). An additional purchase of a cellular modem is required to enable cellular functionality.

Iris will offer the combination of professionally monitored home security, cellular backup and market-leading home automation all for the one monthly price of $19.99 with no long-term contract required.  Customers will then be able to choose from a simple line-up of Iris services that includes the Iris Basic Service for free, Iris Premium for $9.99, or the all-inclusive Iris professional monitored service for $19.99 per month with the ability to change their plan at any time as their needs change.

“We are pleased Lowe’s chose us to be their Central Monitoring Station partner,” saidTeresa Gonzalez, president UCC. “The DIY professional monitoring space is a new market and one we believe will continue to grow. UCC continues to be at the forefront of innovation within the professional monitoring industry. By partnering with a dynamic smart home market-leader in Iris, we are helping to grow the number of customers who can now take advantage of the benefits of a traditional alarm system coupled together with a smart home.”

The new service will support the primary Iris security and safety devices already available for sale today with additional devices as they are added to the Works with Iris program. Current devices that will be monitored include:  Iris contact sensors, Iris motion sensors, Iris keypads, Utilitech glass break sensors, Iris garage door controllers, First Alert smoke detectors, and First Alert smoke/CO detectors.  A minimum of two monitored security devices will be required to help reduce false alarms and an Iris by Lowe’s smart hub must be installed to support functionality.  A new customer can simply buy the Iris Security Pack ($99.99) and Iris Smart Hub ($59.99), and then be up and running with a professional monitored security solution that they can take with them as they move from apartment to apartment or into a new home, as licensing allows.

The next generation of Iris will be on display at CES Unveiled in the Mandalay Bay North Convention Center on Jan. 4 from 4 – 7:30 p.m. PST, and in the Iris by Lowe’s booth (Tech West, Smart Home Marketplace in the Sands Expo Hall, #70727) at CES 2016 from Jan. 6-9 in Las Vegas.

Lowe’s was the first company to target the mass consumer market with a broad home automation solution in Iris and the first to introduce a truly open platform – allowing devices across its stores to connect with one another.  Late last year, Lowe’s announced the next generation of its Iris smart home solution, which champions a mobile-first philosophy, giving users a simpler, more intuitive, interactive way to communicate with their homes.  Iris offers value-priced products, an easy DIY system setup, free service from the day of installation, customizable rules to connect devices and a level of customer support consumers have come to expect from Lowe’s.  Iris was developed and designed for the consumer, using nearly 70 years of home improvement experience and input from its 16 million shoppers a week.

For the complete list of products available for Iris, please visit IrisbyLowes.com.

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customers a week in the United States, Canada andMexico through its stores and online at Lowes.com, Lowes.ca and Lowes.com.mx. With fiscal year 2014 sales of $56.2 billion, Lowe’s has more than 1,845 home improvement and hardware stores and 265,000 employees. Founded in 1946 and based in Mooresville, North Carolina, Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

Contact

If you’re a journalist working on a story about Lowe’s:
704-758-2917
PublicRelations@lowes.com

SOURCE Lowe’s Companies, Inc.

CVS Health: MinuteClinic walk-in medical clinic opens inside the Navarro Discount Pharmacy in Miami Lakes

Clinic Open Seven Days A Week, With No Appointment Necessary

Woonsocket, RI, 2016-1-5 — /EPR Retail News/ — Convenient and affordable treatment for common family illnesses is now available at the new MinuteClinic walk-in medical clinic inside the Navarro Discount Pharmacy in Miami Lakes at 16801 NW 67th Street.  It is the first Navarro-based MinuteClinic and joins 22 other South Florida clinic locations inside select CVS/pharmacy stores.

MinuteClinic at Navarro, and other clinics throughout South Florida, are open seven days a week with no appointment necessary.

Most major health insurance is accepted, including Medicare and Medicaid plans. For patients paying cash or credit, treatment prices are posted at each clinic and on MinuteClinic’s bilingual website www.minuteclinic.com. The cost for most services starts at $89 – $99.

CVS Health is the parent company of both Navarro and MinuteClinic.

“This new location broadens both MinuteClinic and Navarro’s ability to serve patients in South Florida including the Hispanic community in Miami Lakes and beyond,” said Andrew Sussman, MinuteClinic President and Executive Vice President/Associate Chief Medical Officer of CVS Health.  “Our experienced nurse practitioners help adults and children feel better every day and make it easier and more affordable to obtain basic health care services in convenient locations close to home, school and work.”

MinuteClinic at Navarro is staffed by bilingual nurse practitioners who specialize in family health care and can diagnose, treat and write prescriptions for acute illnesses such as strep throat and ear, eye, sinus, bladder and bronchial infections. Minor wounds, abrasions, skin conditions and joint sprains are treated, and common vaccinations such as influenza, tetanus, pneumonia and Hepatitis A & B are available.

In addition, MinuteClinic administers a series of wellness services designed to help patients identify lifestyle changes needed to improve their current and future health, including screenings and monitoring for diabetes, high blood pressure and high cholesterol, and smoking cessation and weight loss management services.

At the conclusion of each MinuteClinic visit, patients receive educational material, a prescription (when clinically appropriate) and a visit summary. A copy of the diagnostic record can be sent electronically, or by fax or mail to a primary care provider with patient permission.

Individuals who visit MinuteClinic without a primary care provider are given a list of physicians in the community who are accepting new patients.

The MinuteClinic walk-in medical clinic at Navarro is located at 16801 NW 67th Street. It is open from 8:30 a.m. to 7:30 p.m. Monday through Friday; 9 a.m. to 5:30 p.m. Saturday; and 10 a.m. to 5:30 p.m. Sunday.

About MinuteClinic

CVS/minuteclinic is the retail medical clinic of CVS Health (NYSE: CVS), the largest pharmacy health care provider in the United States. MinuteClinic launched the first retail medical clinics in the United States in 2000 and is the largest provider of retail clinics with more than 1,050 locations in 33 states and the District of Columbia. By creating a health care delivery model that responds to patient demand, MinuteClinic makes access to high-quality medical treatment easier. Nationally, the company has provided care through more than 26 million patient visits, with a 95% customer satisfaction rating. MinuteClinic is the only retail health care provider to receive three consecutive accreditations from The Joint Commission, the national evaluation and certifying agency for nearly 20,000 health care organizations and programs in the United States. For more information, visit www.minuteclinic.com.

MEDIA CONTACT

Carolyn Castel
1-401-770-5717
carolyn.castel@cvshealth.com

Asda kicks off New Year with 3ppl price cut on diesel; the first retailer to bring diesel prices to below £1

  • Drivers filling up at any of Asda’s 277 filling stations across the country will only pay 99.7ppl for diesel from Monday 4th January 2016
  • 3ppl price cut on diesel takes it to below £1 for the first time in six years (May 2009)
  • Unleaded and Diesel both now at 99.7p across the UK

LEEDS, England, 2016-1-5 — /EPR Retail News/ — Effective from 4th January, Asda announces New Year cheer for drivers by kicking off 2016 with a 3ppl price cut on diesel – making it the first retailer to bring diesel prices to below £1.

Asda’s national price cap will see diesel and unleaded available at the same price of 99.7ppl for the first time in over 6 years, across every single one of its filling stations.

Today’s announcement is welcome news for customers as they return to their regular daily commutes after the holidays and puts money back in their pockets as they recover from the cost of Christmas.

Asda is the only retailer that has a national price cap on fuel at all 279 filling stations, ensuring every single customer knows the maximum price they will pay at the pump regardless of where they live.

Andy Peake, Asda’s Senior Petrol Director, said: “We’re glad to be leading the way and investing in some New Year cheer for customers by bringing the cost of diesel to below £1 for the first time in over six years. This latest announcement shows that we’re committed to being the driving force behind lowering fuel prices.”

Asda was the first to cut fuel below £1 at the end of November and received strong feedback from customers who said they benefitted from the price cut and would welcome further investment.

SOURCE:  ASDA

The NRF Foundation announces the 25 individuals named to The List of People Shaping Retail’s Future 2016

WASHINGTON, 2016-1-5 — /EPR Retail News/ — The NRF Foundation today announced the 25 individuals named to The List of People Shaping Retail’s Future 2016. The List honorees represent the best and brightest individuals impacting the retail industry today and will be recognized and celebrated at the NRF Foundation Gala on January 17, 2016 in New York City.

The Gala, in its second year, will bring together hundreds of industry executives to celebrate and honor The List of People Shaping Retail’s Future and award scholarships to talented students striving to become the next generation of retail leaders.

“The List of People Shaping Retail’s Future represents the most innovative and impressive group of professionals impacting the retail industry today,” said NRF Senior Vice President and Foundation Executive Director Ellen Davis. “We are thrilled to celebrate ‘The List’ and hold them up as shining examples of the talent, passion and creativity that drive the retail industry forward. Recognizing our List honorees and awarding scholarships to students who want to succeed in retail goes right to the heart of the NRF Foundation’s mission – shaping retail’s future.”

The 25 individuals named to The List of People Shaping Retail’s Future 2016 are (click title of group to see bios for individuals):

Disruptors:

Jessica Herrin, CEO and founder, Stella & Dot Family Brands
Katrina Lake, CEO and founder, Stitch Fix
Kyle Nel, executive director, Lowe’s Innovation Labs, Lowe’s Companies, Inc.
Greg Petro, president and CEO, First Insight
Debbie Sterling, founder and CEO, GoldieBlox

Dreamers:

Moziah Bridges, founder and CEO, Mo’s Bows
Matthew Corrin, founder and CEO, Freshii
Danielle DiFerdinando, founder and creative director, Danielle Nicole
Alexis Ringwald, co-founder and CEO, LearnUp

Givers:

Tory Burch, chairman and co-CEO, Tory Burch LLC, founder, Tory Burch Foundation
Erin Harper, senior program manager, local producer loan program, Whole Foods Market
Kindley Walsh Lawlor, vice president, global sustainability, Gap, Inc.
Bea Perez, vice president and chief sustainability officer, The Coca-Cola Company
Doug Rauch, founder and president, Daily Table
Laysha Ward, executive vice president and chief corporate social responsibility officer, Target

Influencers:

Walter Loeb, president, Loeb Associates
Courtney Reagan, retail reporter, CNBC
Al Sambar, managing partner, retail and consumer group, Kurt Salmon
Dana Telsey, CEO and chief research officer, Telsey Advisory Group
The Honorable Mark R. Warner, United States Senator for Virginia

Power Players:

Mary Dillon, CEO, Ulta Beauty
Gary Friedman, chairman and CEO, Restoration Hardware
Michelle Gass, chief merchandising and customer officer, Kohl’s
James Rhee, executive chairman and CEO, Ashley Stewart
Stormy Simon, president, Overstock.com

The NRF Foundation shapes retail’s future by building awareness of the industry through statistics and stories; developing talent through education, experiences and scholarships; and fostering career growth among people who work in retail. The NRF Foundation is the 501(c)(3) nonprofit arm of the National Retail Federation and is funded in part by generous donations from retail industry supporters. NRF.com/Foundation.

###

Kathy Grannis Allen
(202) 783-7971
press@nrf.com
(855) NRF-Press

BRC: Helen Dickinson awarded OBE in the New Year’s Honours List for 2016 for services to the retail industry

LONDON, 2016-1-5 — /EPR Retail News/ — Helen Dickinson has been awarded an OBE in the New Year’s Honours List for 2016 for services to the retail industry. Helen has been Chief Executive of the BRC since January 2013, following a successful career working with retailers at KPMG. At the BRC, Helen is a strong advocate of retail, supporting retailers and influencing governments and stakeholders in order to make a positive difference to the industry and the customers it serves.

Helen Dickinson said: ‘I am deeply honoured to receive an OBE – it is a testament to the encouragement and support of the BRC’s members as we have sought to promote and serve the industry and to our great BRC team. I am passionate about the retail industry and its place at the forefront of innovation and social cohesion, touching every aspect of our local communities and the lives of everyone in the country.’

Sir Charlie Mayfield, BRC Chair, said: ‘Helen is a very worthy recipient of this honour. She strives tirelessly to work on behalf of retail, to lead debate and influence policy. The BRC has made great strides since her arrival and we look forward to the future success of the BRC with Helen in the driving seat.’

Ends.

Notes for editors
Helen leads the BRC team and is responsible for the strategic direction and performance of the BRC. The BRC leads the industry and works with our members to shape debates and influence issues and opportunities that will help make a positive difference to the industry and the customers it serves. We care about the careers of people who work in our industry, the communities retail touches and competitiveness as a fundamental principle of the industry’s success – our 3Cs.

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP.
020 7854 8900. info@brc.org.uk.

Kimco Realty Corp. announces the appointment of Conor C. Flynn as President and Chief Executive Officer

NEW HYDE PARK, N.Y., 2016-1-5 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) announced that Conor C. Flynn, President and Chief Executive Officer, has been appointed to the company’s Board of Directors effective January 1, 2016, simultaneous with his elevation to the CEO role. Mr. Flynn succeeds David B. Henry who retired as Vice Chairman of the Board of Directors and Chief Executive Officer on January 1, 2016.

“We are excited to have Conor as a member of Kimco’s Board of directors. His enthusiasm, extraordinary leadership and entrepreneurial vision will complement the board’s depth of knowledge and our shareholders will benefit greatly from his addition,” said Milton Cooper, Executive Chairman.

“I am honored to be part of Kimco’s Board and consider strong corporate governance a core principal to a successful organization,” said Mr. Flynn. “I have a deep passion for real estate and expect to make a number of meaningful contributions as a member of this board with the intention of further increasing shareholder value.”

Conor Flynn, who joined Kimco in 2003 as an asset manager, was appointed President of the company in August 2014 and has previously served in a number of other senior leadership roles with the organization including that of Chief Operating Officer, Chief Investment Officer and President, Western Region. Mr. Flynn received a B.A. degree in Economics from Yale University and a Master’s degree in Real Estate Development from Columbia University. Mr. Flynn is a licensed real estate broker in California, and a member of National Association of Real Estate Investment Trusts (NAREIT), Urban Land Institute (ULI) and International Council of Shopping Centers (ICSC).

ABOUT KIMCO
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North America’s largest publicly-traded owner and operator of open-air shopping centers. As of December 31, 2015, the company owned interests in 564 U.S. shopping centers comprising 90 million square feet of leasable space across 38 states and Puerto Rico. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years.

SAFE HARBOR STATEMENT

The statements in this release state the company’s and management’s intentions, beliefs, expectations or projections of the future and are forward-looking statements. It is important to note that the company’s actual results could differ materially from those projected in such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, but are not limited to, (i) general adverse economic and local real estate conditions, (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business, (iii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms to the company, (iv) the company’s ability to raise capital by selling its assets, (v) changes in governmental laws and regulations, (vi) the level and volatility of interest rates and foreign currency exchange rates and management’s ability to estimate the impact thereof, (vii) risks related to the company’s international operations, (viii) the availability of suitable acquisition, disposition, development and redevelopment opportunities, and risks related to acquisitions not performing in accordance with the company’s expectations, (ix) valuation and risks related to the company’s joint venture and preferred equity investments, (x) valuation of marketable securities and other investments, (xi) increases in operating costs, (xii) changes in the dividend policy for the company’s common stock, (xiii) the reduction in the company’s income in the event of multiple lease terminations by tenants or a failure by multiple tenants to occupy their premises in a shopping center, (xiv) impairment charges and (xv) unanticipated changes in the company’s intention or ability to prepay certain debt prior to maturity and/or hold certain securities until maturity. Additional information concerning factors that could cause actual results to differ materially from those forward-looking statements is contained from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the company’s Annual Report on Form 10-K for the year ended December 31, 2014 and any subsequent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Copies of each filing may be obtained from the company or the Securities and Exchange Commission.

The company refers you to the documents filed by the company from time to time with the Securities and Exchange Commission, specifically the section titled “Risk Factors” in the company’s Annual Report on Form 10-K for the year ended December 31, 2014, as it may be updated or supplemented by subsequent Annual Reports on Form 10-K or Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission, which discuss these and other factors that could adversely affect the company’s results.

Kimco Realty Corp.
David F. Bujnicki, 1-866-831-4297
Vice President, Investor Relations and Corporate Communications
dbujnicki@kimcorealty.com

Source: Kimco Realty Corporation

DDR Corp closed on $564 million of acquisitions and $1.0 billion of dispositions at 100% ownership in 2015

BEACHWOOD, Ohio, 2016-1-5 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today announced that it closed on the acquisition of seven prime shopping centers totaling $404 million and the disposition of 12 assets totaling $275 million at 100% ownership during the fourth quarter of 2015. For the full year 2015, the Company closed on $564 million of acquisitions and $1.0 billion of dispositions at 100% ownership.

Fourth quarter acquisition activity:
During the fourth quarter, DDR acquired seven assets for $166 million at the Company’s share. The Company acquired Millenia Plaza, a 412,000 square foot power center anchored by Dick’s Sporting Goods, BJ’s Wholesale Club, The Home Depot, Total Wine & More, and Ross Dress For Less and located next to the Mall ofMillenia in Orlando, Florida, for $67 million.  The acquisition elevates Orlando to the Company’s 6th largest market by pro rata base rent. DDR and an affiliate of The Blackstone Group L.P. also acquired six assets, totaling $13 million at DDR’s share. The assets are located in Long Island, Philadelphia, Miami, and Orlando.Blackstone owns 95% of the common equity of the joint venture and an affiliate of DDR owns the remaining 5%. DDR’s stake also includes $83 million of preferred equity with an 8.5% annual return.

Fourth quarter disposition activity:
During the fourth quarter, DDR sold nine operating assets and three non-operating assets for an aggregate $211 million at the Company’s share. DDR has an additional 17 operating assets and nine land parcels under contract for sale, representing total expected volume of $247 million at DDR’s share.

Full year acquisition activity:
For the full year 2015, DDR acquired 10 shopping centers and three outparcels for $326 million at DDR’s share. Investments in 2015 acquisitions were entirely funded by proceeds from asset sales, with excess disposition proceeds used to reduce leverage.

Full year disposition activity:
For the full year 2015, DDR sold 66 operating assets and eight non-operating assets for $569 million at DDR’s share.  The 29 wholly-owned and 37 joint venture assets sold averaged 126,000 square feet and 29 of the 66 assets were located outside of the top 50 MSAs.

Luke J. Petherbridge, chief financial officer of DDR, commented, “Our portfolio upgrade was dramatic in 2015 as we improved our asset base by selling over one billion dollars of lower-quality assets into an environment of historically low cap rates. We expect to continue to take advantage of the competitive transactional market and will use sale proceeds to selectively acquire prime assets and to further reduce leverage.”

About DDR Corp.
DDR is an owner and manager of 367 value-oriented shopping centers representing 115 million square feet in 38 states and Puerto Rico. The Company’s assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com.

Safe Harbor
DDR Corp. considers portions of the information in this press release to be 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, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; constructing properties or expansions that produce a desired yield on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; and the success of our capital recycling strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2014, as amended. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE DDR Corp.

News Provided by Acquire Media

DDR Corp. releases Operating FFO guidance for 2016

BEACHWOOD, Ohio, 2016-1-5 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today released guidance for 2016.  The Company will hold a conference call onMonday, January 4, 2016 at 5:00 p.m. ET to discuss guidance and the related assumptions.  To access the call, dial 877-249-1119 (domestic), or 412-542-4143 (international) at least ten minutes prior to the scheduled start of the call. The conference call webcast will be recorded and available for replay through DDR’s website at www.ddr.com/events.

Based on anticipated 2015 results and current market conditions, the Company is providing the following full year Operating and NAREIT FFO / Share guidance for 2016:
FFO / Share (Operating)  $1.19 to $1.25
FFO / Share (NAREIT) $1.19 to $1.25
The Company’s 2016 Operating and NAREIT FFO guidance is based upon the following assumptions:
Dispositions $600 – $800 million at DDR’s pro rata share, weighted to the first half of the year
Acquisitions $200 – $300 million at a cap rate 75 – 100 basis points lower than dispositions
Same Store NOI +2.5% to +3.5%
Leased Rate 0 to +50 basis points greater at year end 2016 from year end 2015
Development and
Redevelopment
$190 million placed into service at a yield of approximately 7.0%, which will primarily be delivered during the second half of the year
Fee Income $30 to $32 million
Interest Income $32 to $36 million
Interest Expense (GAAP)  $210 to $220 million
G&A Expense Approximately 5% of total revenues, including ventures at 100% share
Annual Dividend / Share  $0.76 per share annually, representing 10% annual growth
Capital Raising  No major capital raises contemplated
Debt / EBITDA 6.4x – 6.7x, approximately 0.5x to 0.8x lower than the most recently reported consolidated results

“We are pleased to guide to another year of strong operating results, transactional activity, and increased dividends to our shareholders. The aggressive transactions market encourages us to be a net seller of assets, which weighs on 2016 earnings but should benefit DDR in the future.  We continue to take a long term view of performance and intend to position our portfolio and balance sheet to outperform over the course of all economic cycles,” remarked David J. Oakes, President and Chief Executive Officer.

About DDR Corp.
DDR is an owner and manager of 367 value-oriented shopping centers representing 115 million square feet in 38 states and Puerto Rico. The Company’s assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com.

Non-GAAP Disclosures
FFO is a supplemental non-GAAP financial measurement used as a standard in the real estate industry and a widely accepted measure of real estate investment trust (“REIT”) performance.  Management believes that FFO and Operating FFO provide additional indicators of the financial performance of a REIT.  The Company also believes that FFO and Operating FFO more appropriately measure the core operations of the Company and provide benchmarks to its peer group.  Neither FFO nor Operating FFO represents cash generated from operating activities in accordance with generally accepted accounting principles (“GAAP”), is necessarily indicative of cash available to fund cash needs and should not be considered as an alternative to net income computed in accordance with GAAP as an indicator of the Company’s operating performance or as an alternative to cash flow as a measure of liquidity.

FFO is defined and calculated by the Company as net income, adjusted to exclude:  (i) preferred share dividends, (ii) gains and losses from disposition of depreciable real estate property, which are presented net of taxes, (iii) impairment charges on depreciable real estate property and related investments and (iv) certain non-cash items.  These non-cash items principally include real property depreciation and amortization of intangibles, equity income from joint ventures and equity income from non-controlling interests and adding the Company’s proportionate share of FFO from its unconsolidated joint ventures and non-controlling interests, determined on a consistent basis.  The Company calculates Operating FFO by excluding certain non-operating charges and gains.  The Company computes FFO in accordance with the NAREIT definition.  Other real estate companies may calculate FFO and Operating FFO in a different manner.  Operating FFO is useful to investors as the Company removes certain charges and gains to analyze the results of its operations and assess performance of the core operating real estate portfolio.

Safe Harbor
DDR Corp. considers portions of the information in this press release to be 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, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; constructing properties or expansions that produce a desired yield on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; and the success of our capital recycling strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2014, as amended. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE DDR Corp.

News Provided by Acquire Media

DDR Corp. declared its first quarter 2016 common stock dividend of $0.19 per share; a 10% increase from first quarter of 2015

BEACHWOOD, Ohio, 2016-1-5 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) declared its first quarter 2016 common stock dividend of $0.19 per share, which represents an increase of 10% from the first quarter of 2015. The common stock dividend is payable on April 5, 2016 to shareholders of record at the close of business on March 10, 2016. Based on the December 31, 2015 closing price, the new dividend represents a yield of 4.5% on an annualized basis.

“We are pleased to announce the sixth consecutive year of a 10% or greater annual increase in our common dividend. Our conservative payout ratio allows us to continue to grow our distribution and still reinvest a considerable amount of free cash flow into our portfolio and reduce leverage,” said Luke J. Petherbridge, chief financial officer of DDR.

About DDR Corp.
DDR is an owner and manager of 367 value-oriented shopping centers representing 115 million square feet in 38 states and Puerto Rico. The Company’s assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com.

Safe Harbor
DDR Corp. considers portions of the information in this press release to be 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, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; constructing properties or expansions that produce a desired yield on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; and the success of our capital recycling strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2014, as amended. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE DDR Corp.

News Provided by Acquire Media

NACS survey: Convenience store retailers expect the robust sales in 2015 to continue into the first quarter of 2016

​ALEXANDRIA, VA, 2016-1-5 — /EPR Retail News/ — Convenience store retailers expect the robust sales in 2015 to continue into the first quarter of 2016, according to the results of a survey released today by the National Association of Convenience Stores (NACS).

Retailers said that overall sales in 2015 were strong, with more than three in four (78%) reporting an increase in foodservice sales and nearly two in three (64%) reporting an increase in fuel gallons sold.

Nearly 8 in 10 convenience store retailers (78%) said that they are optimistic about their business for the first quarter of 2016, compared to only 6% who are pessimistic.

Lower Gas Prices, More Fresh Food Grow 2015 Sales
“People seem to have a bit more money available—maybe due to lower gas prices—and are buying more inside the stores,” said Richard Parry with Aloha Petroleum (Honolulu, HI).

“Customers are willing to spend more inside the store after spending less money at the pump,” said Stephen Lair with Harrison, AR-based Petromark Inc., which operates White Oak Station stores.

“The price of fuel seems to have helped with inside sales,” said Herb Hargraves with Jacobs Entertainment (Lafayette, LA), who added that customers are more willing to purchase additional items inside the stores, including higher-ticket items such as sportsman coolers and even $399 hoverboards for the holiday season.

A proprietary food rollout has helped grow sales at Anderson, IN-based Ricker’s convenience stores. “We’ve seen sales growth inside our stores after adding foodservice—and it has had a halo effect on other in-store items,” said Jay Ricker.

Stores also grew sales by offering a variety of better-for-you items. Nearly two in three retailers (65%) say that sales of better-for-you items increased.

“We had a significant increase in selling healthy foods,” said Jeff Armbruster with Armbruster Energy Stores (Grafton, OH).  At Marshall, MI-based Walter-Dimmick Petroleum, better-for-you beverages, especially water, had strong sales, according to Michael LeBerteaux.

Grab-and-go food items helped drive sales in 2015, according to Gregory Cobb with Freedom Oil LLC (Warsaw, IN).

Trends for 2016
Retailers are also bullish on the convenience store industry’s business prospects. More than three in four retailers (78%) said they are optimistic about the convenience store industry, an increase from 73% last year.

Retailers expect to see continued demand for healthy items in stores. James Lynch, with Burley, ID-based Triple S Oil, expects better-for-you foods sales to grow, especially in the first quarter following New Year’s resolutions.

Breakfast is also a positive growth opportunity for convenience stores in 2016, according to Dee Dhaliwal, with Dhaliwal & Associates (Pleasanton, CA).

While retailers are optimistic about 2016, they also have a number of concerns, especially related to labor. More than two in five retailers (41%) said that labor issues are a threat to their business in 2016. With tight labor markets and pushes to increase the minimum wage in many areas, meeting the demand for more prepared food programs, which require more employees on the payroll, will be challenging.

“With our low unemployment rate, the labor pool has become a puddle,” said Kim Robello with Minit Stop in Kahului, HI. “Employment is near full capacity in the Minneapolis market and is causing serious issues related to a stable workforce,” added Steve Williams, with Bobby & Steve’s Auto World (Minneapolis, MN).

Distribution issues are also a concern for retailers who seek to grow their foodservice offer, including Lisa Dell’Alba, with Square One Markets (Bethlehem, PA).

While competition is always a concern for retailers—47% of retailers said that competition from other convenience retailers was the biggest threat to their business, while 33% cited competition from other channels—the biggest threat in 2016 is over regulation and legislation, cited by 61%.

What factors will most influence sales? Four broad factors emerged from the survey: gas prices (cited by 33%), the economy (15%), the weather (14%) and the embrace of better-for-you items (10%).

“If gas prices stay low, inside sales will be strong,” said John Long, with Dyno’s Convenience Stores (Spencer, IA).

Even with a variety of external factors, it will likely be internal strategies that drive success in 2016. “Those who have successfully found their visions for the future will continue to make large strides and rally their teams behind them. Our success will depend on our ability to adapt to new trends and deliver a truly different experience than other competing retailers,” said Lonnie McQuirter with Lovingsons Service Center (Minneapolis, MN).

The quarterly NACS Retailer Sentiment Survey tracks retailer sentiment related to their business, the industry and the economy as a whole. A total of 100 member companies, representing a cumulative 1,248 stores, participated in the survey.

-###-

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

SOURCE: NACS

NGA unveils newly redeveloped website

Arlington, VA, 2016-1-5 — /EPR Retail News/ — The National Grocers Association (NGA) today launched a new, redeveloped website to better serve NGA members and educate consumers about the independent supermarket industry.

“In today’s information age, people are going online on a daily basis, seeking information on a variety of issues, and NGA wants our website to be a destination that provides timely and relevant information, resources and tools for our members, and the general public to learn more about the independent supermarket industry,” said Peter J. Larkin, President and CEO, NGA.

The redeveloped NGA website is designed to be more user-friendly, with easier site navigation and responsiveness to mobile devices. “Our members want to stay informed, and similar to consumers, they access information through various platforms so having a mobile responsive site was very important to us. We’re very excited to use this new, enhanced website to further improve our member benefits,” Larkin commented.

In addition, the new website contains a blog that will cover a number of topics from consumer trends to research to public policy initiatives, and includes a section that will spotlight the various service projects and programs independent grocers are leading in their communities. NGA also launched a new website for its annual convention, The NGA Show (www.theNGAshow.com) in August of last year.

Media inquiries: Please email communications@nationalgrocers.org

SOURCE: National Grocers Association

Sprocket Bar and Restaurant opens inside Whole Foods Market’s store at The District in Henderson, Nevada

Offering 24 beers on tap, more than 15 wines by the glass, cauliflower nachos, vegetable tamales, braised short ribs and more

LAS VEGAS, 2016-1-5 — /EPR Retail News/ — Sprocket Bar and Restaurant, located inside Whole Foods Market’s store at The District in Henderson, Nevada, is starting 2016 with a new seasonal menu. Open daily from noon to 9 p.m., the bar features a wide selection of beer and wine, and offers a seasonal menu with something for everyone.

From green chile braised short ribs and a porchetta sandwich to cauliflower nachos and roasted beet dip, the menu includes expanded vegan and vegetarian dishes like a citrus and avocado salad, grilled vegetable tamale and a roasted mushroom flatbread featuring nut-based Kite Hill chive artisanal spread.

Beer and wine:
• 24 beers on tap, featuring local, limited release and seasonal selections
• Local brews from Joseph James, Tenaya Creek, Bangar Brewing, Big Dogs and CraftHouse
• Wines in a range of price points, featuring $5-a-glass wines from local Pahrump Valley Winery
• Refillable craft beer growlers

Sprocket offers daily specials and a happy hour Monday through Friday from 4 to 6 p.m., with wine, beer and food for $7 or less. The restaurant and bar will host special events and programs, including wine and beer pairings, live music and family-friendly activities. Details on upcoming events can be found here.

All menu items meet Whole Foods Market’s strict quality standards and contain no artificial colors, flavors, preservatives, or sweeteners, and no partially hydrogenated fats or oils.

AT WHOLE FOODS MARKET HENDERSON
100 S. Green Valley Parkway
Henderson, NV 89012
IG: WFMHenderson | TW: @WFMLasVegas
#WFMHenderson

SOURCE: Whole Foods Market

###

Sprocket Bar and Restaurant opens inside Whole Foods Market’s store at The District in Henderson, Nevada

Sprocket Bar and Restaurant opens inside Whole Foods Market’s store at The District in Henderson, Nevada

Whole Foods Market shoppers looking to kick-start the new year with healthy eating can now participate in the 28-Day Challenge by Engine 2®

Engine 2 Diet creator celebrates new paperback book, monthlong healthy eating challenge

AUSTIN, Texas, 2016-1-5 — /EPR Retail News/ — Rip Esselstyn is no stranger to a healthy eating lifestyle. The former Austin firefighter created the “Engine 2® Plant-Strong®” brand—named for his former firehouse—after promoting a plant-based diet to his colleagues.

After publishing his first book, “The Engine 2 Diet,” which landed on The New York Times best-seller list in 2009, Esselstyn became a healthy eating partner at Whole Foods Market. Esselstyn now has a new book, “Plant-Strong,” which answers numerous questions about eating a plant-based diet. The book contains 150 recipes, including ten that are exclusive to this edition, like Texas Breakfast Tacos and The Daily Beet Burgers.

“I want people to fuel their strength by eating strong foods, and that’s exactly what people will discover by taking the 28-Day Challenge,” Esselstyn said.

Whole Foods Market shoppers looking to kick-start the new year with healthy eating can participate in the 28-Day Challenge by Engine 2®, which begins today.. Signup is available online at wfm.com/E2Challenge. Participants will receive Engine 2 recipes, tips and coupons delivered to their email inbox in a three-part series.

Additionally, Esselstyn will be traveling across the country, visiting Whole Foods Market stores to promote the new book and discuss the Engine 2 lifestyle.

“One of the most rewarding parts of my job is being able to talk with people face to face about how eating a plant-based diet has changed my life and many others, too,” Esselstyn said.

Shoppers interested in the Plant-Strong® book tour can check with their local Whole Foods Market store to see if Esselstyn will be visiting their area.

###

Whole Foods Market shoppers looking to kick-start the new year with healthy eating can now participate in the 28-Day Challenge by Engine 2®

Whole Foods Market shoppers looking to kick-start the new year with healthy eating can now participate in the 28-Day Challenge by Engine 2®

SUPERVALU INC. to hold its fiscal 2016 Q3 conference call on January 13, 2016

MINNEAPOLIS, 2016-1-5 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2016 third quarter conference call on Wednesday January 13, 2016 at 9:00 a.m. Central time. The call will be webcast live online at www.supervaluinvestors.com (click on microphone icon).

A replay of the conference call will be archived on SUPERVALU’s website under “Investors, Presentations and Webcasts.”

About SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $18 billion.SUPERVALU serves customers across the United States through a network of 3,395 stores composed of 1,854 independent stores serviced primarily by the Company’s food distribution business; 1,342 Save-A-Lot stores, of which 901 are operated by licensee owners; and 199 traditional retail grocery stores (store counts as of September 12, 2015). Headquartered in Minnesota,SUPERVALU has approximately 40,000 employees. For more information about SUPERVALU visit www.supervalu.com.

Source: SUPERVALU INC.

SUPERVALU INC.
Investor Contact
Steve Bloomquist, 952-828-4144
steve.j.bloomquist@supervalu.com
or
Media Contact
Jeff Swanson, 952-903-1645
jeffrey.s.swanson@supervalu.com

Taubman Centers, Inc. and The Macerich Company to purchase Country Club Plaza from Highwoods Properties, Inc.

BLOOMFIELD HILLS, Mich., 2016-1-5 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) and The Macerich Company (NYSE: MAC) today announced an agreement to purchase Country Club Plaza (Kansas City, Mo.) fromHighwoods Properties, Inc. (NYSE: HIW).

The purchase price for the mixed-use retail and office property is$660 million cash, excluding transaction costs. Taubman andMacerich will each have a 50% interest in the center, which will be jointly managed by both companies. Concurrent with or shortly after closing, a long-term, fixed-rate loan for 50-60% of the purchase price is expected to be placed on the asset.

“Taubman and Macerich are bringing our collective expertise together to continue to ensure the long-term growth and success of the iconic Country Club Plaza,” said Robert S. Taubman, chairman, president, and chief executive officer of Taubman Centers. “This purchase is consistent with our strategy to own high quality, dominant assets in great markets.”

”This investment represents the latest example of Macerich’s continuing strategy of recycling capital out of slower-growth assets, including Panorama Mall which we recently sold for $100 million, into truly irreplaceable, market-dominant centers with stronger growth prospects,” said Arthur Coppola, chairman and chief executive officer ofMacerich. “Together with Taubman, we see opportunities to expand the market reach of the Plaza as well as the potential for further retail densification of this timeless asset.”

The transaction has been approved by the Boards of Directors of Taubman and Macerich. It is subject to usual and customary closing conditions and is expected to close in the first quarter of 2016.

About Country Club Plaza
Originally constructed in 1922, Country Club Plaza is an iconic, 15-block, 1.3 million square foot mixed-use retail and office property located in the heart of Kansas City. The retail portion of the property includes 804,000 square feet of GLA featuring 45 unique-to-market tenants, with key retailers such as Apple, H&M, Tesla and Lululemon, as well as a dynamic mix of restaurants, including The Capital Grille and The Cheesecake Factory. The 468,000 square foot office portion of the property is comprised of the ten-story Valencia tower, which serves as the worldwide headquarters of Lockton Companies, and additional office space located above the ground-level retail.

About Macerich
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 55 million square feet of real estate consisting primarily of interests in 50 regional shopping centers. Macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona, Chicago and the Metro New York to Washington, D.C. corridor. Additional information about Macerich can be obtained from Macerich’s website:www.macerich.com.

About Taubman
Taubman Centers is an S&P MidCap 400 real estate investment trust engaged in the ownership, management and/or leasing of 23 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Taubman is currently developing four properties in the U.S. and Asia totaling 4.1 million square feet. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong. www.taubman.com.

For ease of use, references in this press release to “Taubman Centers,” “Taubman” or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management’s current views with respect to future events and financial performance. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks and uncertainties.You should review both companies’ filings with the Securities and Exchange Commission, including “Risk Factors” in its most recent Annual Report on Form 10-K and subsequent quarterly reports, for a discussion of such risks and uncertainties.

Source: Taubman Centers, Inc.

For Taubman:

Investors, Ryan Hurren 248-258-7232, rhurren@taubman.com

Media, Maria Mainville 248-258-7469, mmainville@taubman.com

or

For Macerich:

Investors, John Perry 424-229-3345, john.perry@macerich.com

Media, Karen Maurer 602-708-6311, karen.maurer@macerich.com

###

Country Club Plaza, Kansas City, Mo. (Photo: Business Wire)

Country Club Plaza, Kansas City, Mo. (Photo: Business Wire)

BILLA spendet 100.000 Euro an Caritas zur Unterstützung heimischer Familien

Wiener Neudorf, Österreich, 2016-1-5 — /EPR Retail News/ — Durch den Kauf von BILLA Corso Produkten im Rahmen der ‚Aktion Glückskind’ konnten BILLA Kunden im Dezember vier Wochen lang benachteiligten Familien helfen. BILLA rundet den gesammelten Betrag von 92.551,80 Euro auf und überreicht dieser Tage 100.000 Euro an die Caritas zur Unterstützung heimischer Familien.

Jeder Einkauf hilft – 100.000 Euro für ‚Aktion Glückskind’ Im Rahmen der ‚Aktion Glückskind’ gehen 30 Cent pro verkauftem BILLA Corso Produkt direkt als Spende an sozial schwache Familien. “Mit jedem gekauften BILLA Corso Produkt haben wir gemeinsam mit unseren Kunden notleidende Familien in Österreich unterstützt”, erklärt BILLA Vorstand Josef Siess. „Nicht allen Menschen beschert die Adventzeit und der Jahreswechsel eine besinnliche Zeit – daher ist es umso wichtiger, verantwortungsvoll zu handeln und sozial Schwächeren zu helfen“, so Siess. „Insgesamt hat unsere ‚Aktion Glückskind‘ mehr als 92.000 Euro gebracht – wir haben diese Summe auf 100.000 Euro aufgerundet“, erklärt Siess weiter.

Hilfe ohne Umwege BILLA unterstützt bereits seit mehr als acht Jahren konsequent Familien in Not durch Spenden an unterschiedliche Projekte – so auch mit der ‚Aktion Glückskind’. Kernziel der Kooperation zwischen Caritas und BILLA – die bereits 2008 ins Leben gerufen wurde – ist die Hilfe für sozial schwache Familien. Direkt und ohne Umwege hilft diese langfristig angelegte Unternehmenspartnerschaft den Betroffenen. Deshalb legt BILLA in seinem sozialen Engagement einen klaren Schwerpunkt auf solcherart Initiativen. „Mit derartigen Aktionen können wir die Kunden in unsere Spenden einbinden und auf den Notstand vieler Mitmenschen hinweisen“, erläutert Siess.

Bildtext zum übermittelten Bildmaterial: Bild (v.l.n.r).: Michael Landau (Präsident Caritas Österreich) und Josef Siess (BILLA Vorstand)

Credits: BILLA AG/ Dusek, Abdruck zu PR-Zwecken honorarfrei.

Über BILLA
BILLA und Österreich verbindet seit mehr als 60 Jahren eine einzigartige Erfolgsgeschichte: Als Pionier im heimischen Lebensmittelhandel sorgt BILLA dafür, dass in ganz Österreich täglich Lebensmittel und Produkte zu einem fairen Preis verfügbar sind. BILLA deckt damit als Nahversorger mit Hausverstand die ganze Range an Produkten ab: Das Angebot reicht von einer breiten Palette an Markenartikeln bis zu den erfolgreichen Eigenmarken, darunter die Ja! Natürlich Bio-Produkte, qualitativ hochwertige Produkte der BILLA Eigenmarke, bis hin zur Diskontlinie clever®. BILLA arbeitet ständig am Produktsortiment und Serviceangebot, um so den Bedürfnissen der Menschen in Österreich gerecht zu werden und diesen tagtäglich ein kulinarisches Erlebnis zu bieten.

BILLA gehört zur REWE International AG und ist Teil von einem der größten Lebensmittelhändler Europas. Nachhaltigkeit hat BILLA in seiner Unternehmensstrategie umfassend verankert: Heute sind rund 350 der mehr als 1.000 BILLA-Filialen in Österreich energieeffizient. Weitere zentrale Themen der BILLA-Unternehmensstrategie sind Gesundheit und die Förderung von verstärktem Ernährungsbewusstsein der Österreicherinnen und Österreicher. Der Verantwortung gegenüber seinen treuen Kunden, rund 18.400 Mitarbeitern und langjährigen Partnern wird BILLA auf vielfache Art und Weise gerecht.

»Wer nicht von gestern sein will, beschäftigt sich mit morgen«, sagt der Hausverstand

Mehr Infos unter: www.billa.at oder shop.billa.at
Besuchen Sie uns auch auf Facebook unter https://www.facebook.com/billa.at

Rückfragehinweis: Team Media Relations REWE International AG REWE International AG, Industriezentrum NÖ-Süd, Straße 3, Objekt 16, A-2355 Wiener Neudorf Tel.: +43 2236 600 5265, E-Mail: mediarelations@rewe-group.at

PetSmart expert Dr. Kemba Marshall provides helpful tips for your pets to also achieve a healthier lifestyle in the New Year

With Renewed Focus on Healthy Lifestyles Front and Center, PetSmart Wants to Ensure Pets are Not Forgotten

PHOENIX, 2016-1-5 — /EPR Retail News/ — As holiday focus shifts to New Year’s resolutions, health and wellness are top-of-mind, but this year PetSmart is extending the trend to involve our pets, too. PetSmart veterinarian and pet care expert Dr. Kemba Marshall provides some helpful tips to ensure our pets also achieve a healthier lifestyle in the New Year.

First things first, exercise is critical. Pets, like humans, need physical activity in order to be healthy. The good news is giving your pet adequate daily exercise is easy. For some dog breeds, 30-minute walks are enough. For others, a walk to the mailbox or a quick game of fetch does the trick. Balls are great for fetch, but have you ever tried another type of fetch toy, like the glow-in-the-dark Chuckit!® Flying Disc Dog Toy? No matter what, your pet will love spending time with you and being active.

Maintaining a healthy pet lifestyle goes beyond just physical exercise – mental stimulation is just as important. Treat-dispensing toys keep a pet’s mind active and can be introduced before a meal so your pet will be hungry to learn. Want to keep your pet stimulated even while you’re away from home?

Marshall offers this helpful tip, “Try ‘active feeding’ by hiding several of the classic Kong toys around the house stuffed with the morning kibble, dispersed across the toys. Once your pet discovers the first toy and gets to the food inside, they’re compelled to go searching for others and this makes them actively work for what’s inside.”

Have you been feeding your pet the same food for years? It may be time for you and your veterinarian to assess his or her food and optimize the diet if needed. Only Natural Pet, recently launched at PetSmart, is a paleo-inspired food brand for pets. It blends proteins with all-natural ingredients and minimal processing, resulting in dehydrated, freeze-dried and air-dried raw products. This natural brand eliminates all artificial ingredients such as flavorings or preservatives.

Improving your pet’s health often means eliminating the bad habits already in place. This may come as a surprise to many, but discovering an unhealthy routine in your pet’s day-to-day life is as simple as paying closer attention to his or her behavior. While many humans monitor daily behavior with technical gadgets and apps, there might be an easier, less expensive way. Is your pup demonstrating pent-up energy? More exercise might be necessary. Are they devouring their food too quickly? Maybe an active feeding approach is the right solution. Most often, correcting the behavior is as easy as discovering it in the first place.

Bear in mind, change can be tough on pets, especially when it disrupts diet or day-to-day routines. The important thing to remember is that positive results rarely come without work. These tips are a wonderful way to kick-start a healthier lifestyle for your pet in the New Year.

Visit http://petsmartsocial.com/ResourceCenter for additional tips on how to maintain a healthier lifestyle.

About PetSmart®
PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. At PetSmart, we love pets, and we believe pets make us better people. Every day with every connection, PetSmart’s passionate associates help bring pet parents closer to their pets so they can live more fulfilled lives. This mission impacts everything we do for our customers, the way we support our associates, and how we give back to our communities. We employ approximately 53,000 associates, operate approximately 1,444 pet stores in the United States, Canada and Puerto Rico and approximately 202 in-store PetSmart® PetsHotel® dog and cat boarding facilities. PetSmart provides a broad range of competitively priced pet food and pet products and offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store. Our portfolio of digital resources for pet parents – including PetSmart.com, PetFoodDirect.com, Pet360.com, OnlyNaturalPet.com and petMD.com – offers the most comprehensive online pet supplies and pet care information in the U.S. Through our in-store pet adoption partnership with independent nonprofit organizations, PetSmart Charities™ and PetSmart Charities™ of Canada, PetSmart helps to save the lives of more than 450,000 homeless pets each year. In addition, PetSmart supports organizations that make communities a better place to call home through our philanthropy program, PetSmart Gives Back™. By giving back to the communities where we live and work, PetSmart not only celebrates the power of pets to enrich people’s lives—we live it.

Follow PetSmart on Twitter: @PetSmart
Find PetSmart on Facebook: www.facebook.com/PetSmart
See PetSmart on YouTube: www.YouTube.com/PetSmart  

Contacts:

Danielle Bickelmann
Golin for PetSmart
972-341-2503
dbickelmann@golin.com
 

PetSmart Media Line
623-587-2177