CVS Health’s MinuteClinic achieved its third consecutive reaccreditation from The Joint Commission

Gold Seal of Approval™ Demonstrates Health Care Quality and Safety Compliance

Woonsocket, RI, 2016-Jan-14 — /EPR Retail News/ — Ten years after becoming the first national retail clinic provider to be accredited by The Joint Commission (then JCAHO), MinuteClinic, the walk-in medical clinic of CVS Health, has achieved its third consecutive reaccreditation from the national health care evaluation and certifying agency.

The Joint Commission’s Gold Seal of Approval™ demonstrates MinuteClinic’s compliance with the organization’s national standards for ambulatory health care quality and safety.

Valid for up to a three-year period, The Joint Commission accreditation applies to MinuteClinic’s 1,050 locations inside select CVS/pharmacy stores in 33 states and the District of Columbia.

“Since 2006 we have participated in the rigorous accreditation process carried out by The Joint Commission to validate the high clinical quality and safety standards we strive to achieve at all MinuteClinic locations across the United States,” said Andrew Sussman, President, MinuteClinic and Executive Vice President/Associate Chief Medical Officer CVS Health. “With patient satisfaction ratings of 95 percent and clinical collaborations with more than 60 leading health systems throughout the country, we have demonstrated a consistent record of quality and coordination of care unsurpassed in the retail clinic industry.”

Established in 1975, The Joint Commission’s Ambulatory Health Care Accreditation program encourages high quality patient care in all types of freestanding ambulatory care facilities. An estimated 2,100 organizations currently maintain Ambulatory Health Care Accreditation, awarded for a three-year period.

“Joint Commission accreditation provides ambulatory care organizations with the processes contributing to improvements in a variety of areas from the enhancement of staff education to the demonstration of leading practices within the ambulatory setting,” said Michael Kulczycki, M.B.A., CAE, executive director, Ambulatory Health Care Accreditation program, The Joint Commission. “We commend MinuteClinic for its efforts to become a quality improvement organization, and achieving this pinnacle demonstrating a commitment to patient safety and quality.”

Following The Joint Commission’s usual survey process, on-site evaluations were conducted at MinuteClinic locations across the U.S.  A team of Joint Commission expert surveyors evaluated MinuteClinic for compliance with standards for a variety of areas, including coordination of care, infection prevention and control, management of medications and patient education.

MinuteClinic medical clinics are open seven days a week with weekday evening hours.  No appointment is required. Most visits are covered by insurance. For patients paying cash or credit, treatment prices are posted at each clinic and on The cost for most treatment starts at $89-$99.

Nurse practitioners and physician assistants at MinuteClinic specialize in family health care and can diagnose, treat and write prescriptions for common family illnesses such as strep throat and ear, eye, sinus, bladder and bronchial infections. Minor wounds, abrasions, skin conditions and joint sprains are treated.  In addition, MinuteClinic practitioners administer vaccinations, conduct physicals and wellness screenings, and offer monitoring and point-of-care testing for chronic conditions such as diabetes, high cholesterol and blood pressure.

About The Joint Commission
Founded in 1951, The Joint Commission seeks to continuously improve health care for the public, in collaboration with other stakeholders, by evaluating health care organizations and inspiring them to excel in providing safe and effective care of the highest quality and value. The Joint Commission accredits and certifies nearly 21,000 health care organizations and programs in the United States. An independent, nonprofit organization, The Joint Commission is the nation’s oldest and largest standards-setting and accrediting body in health care. Learn more about The Joint Commission at

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 1,100 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 for more Americans. 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 four 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

Media Contacts:

Amy Lanctot
(401) 770-2931
CVS Health

Brent Burkhardt
(410) 986-1303
TBC (for MinuteClinic)


Staples Advantage Workplace Index: freelance economy is growing rapidly, a trend with significant implications for the workplace

Staples Advantage Provides Tips to Help Businesses Prepare for Freelancers

FRAMINGHAM, Mass, 2016-Jan-14 — /EPR Retail News/ — The freelance economy is growing rapidly, a trend with significant implications for the workplace. Nearly one in four employees freelance in some capacity, according to the Staples Advantage Workplace Index, a recent study of office workers in the U.S. conducted by the business-to-business division of Staples.

Overall, twelve percent of employees work as freelancers as their primary source of income, and the same percentage freelance in addition to their primary job.

“For businesses, augmenting staff with temporary, contract workers is not new,” said Neil Ringel, executive vice president, Staples Advantage. “While the organized online marketplace makes it easier to tap into a pool of skilled workers, businesses need to pay attention to the needs and expectations of freelancers and independent contractors as they can be quite different.”

Benefits for Freelancers and Businesses

Employees freelance for a variety of reasons, including the flexibility to make their own hours (37 percent), make more money (39 percent), and achieve a work-life balance (32 percent). Businesses also benefit from this arrangement by getting access to highly skilled workers they need for special projects.

“The freelance economy is a win-win for people who have a desire to work on their own time and companies who want to streamline in-house operations,” said Pat Griffin, enterprise account executive at HourlyNerd, a company that connects businesses who need help with a project with an expert who can do the job. “With smart, collaborative technology becoming more mainstream, the freelance economy enables businesses to redefine their workplace strategy making the physical workspace more effective by establishing efficient team structures and collaboration models.”

Staples serves the freelance community, including businesses, with technology products, a business relevant assortment and critical print and marketing services that can be obtained in store, online or through

Considerations for Businesses Hiring Freelancers

Freelance workers need temporary access to IT services and equipment, designated desks/workspaces, open communication with coworkers, and necessary supplies for projects. Additionally, businesses should take the following points into consideration:

  • Aligning on a workforce strategy. Human resources and procurement officers need to develop a strategy that balances efficiency, effectiveness, and risk when vetting, managing, and compensating freelancers and contract workers in line with the market.
  • Finding the right mix of face-to-face interaction. Most freelance work should involve some sort of face-to-face interaction, whether the freelancer sits in the office for the duration of the project or has a mix of virtual and in-person work.
  • Providing necessary technology and accommodating personal mobile devices. Businesses should ensure extra equipment such as laptops, docking stations, and monitors are available so freelancers can plug in and get to work without delay. IT departments should also be prepared to incorporate personal mobile technology into their mobile device management service as appropriate.
  • Considering safety concerns. When new freelance employees enter the building, facility managers must provide the necessary safety trainings, such as the Occupational Safety and Health Administration Right to Know standard.
  • Managing expenses for supplies. In some cases, freelancers or contract workers may use their own office supplies and charge it back to the company as an expense, which means negotiated cost savings with office supply providers can be lost. Procurement officers should ensure freelancers and contract workers use company bill codes when acquiring supplies to get company discounts.


  • Follow Staples Advantage on Twitter @StaplesB2B to learn more about the Staples Advantage Workplace Index.
  • Visit the Staples Advantage Workplace Index microsite to download the full report.

About Staples Advantage
Staples Advantage, the business-to-business division of Staples, Inc. (Nasdaq: SPLS), serves organizations of 10 or more employees up to the Fortune 1000, helping them make more happen with more products, greater cost savings and improved ordering efficiencies. Staples Advantage provides its customers, including global businesses, local, state and federal government, healthcare organizations and educational institutions, with a one source solution featuring comprehensive products and services like office supplies, technology, printing, promotional products, furniture and facility supplies, along with a customized level of account support and best-in-class customer service. More information is available at

Source: Staples Advantage

Staples, Inc.
Shweta Agarwal, 508-253-8249

SOURCE: Staples, Inc.

CVS Health expands its services across the country through clinical collaborations with leading health care providers

CVS/pharmacy and MinuteClinic clinical collaborations will increase access to care and help improve medication adherence for patients throughout the country

Woonsocket, RI, 2016-Jan-14 — /EPR Retail News/ — CVS Health (NYSE: CVS) announced today it has entered into new clinical affiliations with four leading health care providers, John Muir Health in California; University of Chicago Medical Center in Illinois; Novant Health, serving the Winston-Salem area, in North Carolina; and University of Michigan Health System in Michigan. These affiliations will help enhance access to high-quality, affordable health care services for patients. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations by enabling communication between our secured electronic health record (EHR) systems, which will help enhance clinical care for patients. In addition, patients will continue to have access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail medical clinic of CVS Health.

“We are pleased to work with these exceptional health care providers throughout the country to develop collaborative programs that enhance access to patient care, improve health outcomes and lower health care costs in the communities they serve,” said Troyen A. Brennan, MD, Chief Medical Officer, CVS Health. “By allowing our electronic health records and information systems to communicate and share important information about the patients we collectively serve, we will have a more comprehensive view of our patients, which can aid in health care decision making and help ensure patients adhere to important medications for chronic diseases.”

CVS/pharmacy currently has more than 9,500 retail pharmacy locations across the U.S. where CVS pharmacists provide counseling to patients to help them be adherent to their chronic disease medications. In addition, MinuteClinic also plays an important role by providing patients with timely, affordable and high-quality walk-in health care. MinuteClinic locations are open seven days a week, offering evening hours with no appointment necessary and most health insurance is accepted. The clinics are staffed by nurse practitioners and/or physician assistants who provide treatment for common illnesses and administer wellness and prevention services, including health-condition monitoring for patients with chronic diseases.

Health care providers at participating affiliates will receive data on interventions conducted by CVS pharmacists to improve medication adherence for their patients. The affiliation also encourages collaboration between the health care providers and MinuteClinic providers to improve coordination of care for patients seen at MinuteClinic locations. Through this collaboration, the affiliate organizations and MinuteClinic practitioners will also work together on planning strategies around chronic care and wellness. If more comprehensive care is needed, patients can follow up with their primary care provider and have access to affiliates’ services as appropriate. For those patients who do not have regular access to health care, MinuteClinic provides information to help patients in finding a primary care physician and a greater opportunity for continuity of health care services.

MinuteClinic, CVS/pharmacy and the participating health care providers will begin to work toward streamlining and enabling communication through their EHR systems. This will include the electronic sharing of messages and alerts from CVS/pharmacy to affiliates’ physicians regarding medication non-adherence issues. In addition, MinuteClinic will electronically share patient visit summaries with the patient’s primary care physician when they are part of an affiliate organization and with the patient’s consent. MinuteClinic will continue its standard practice of sending patient visit summaries to primary care providers who are not affiliated with these participating health care organizations via fax or mail, with patient consent.

The new affiliations announced here bring the total number of clinical collaborations for CVS Health and MinuteClinic to nearly 70 major health systems and health care providers across the country.

About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,500 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 70 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and expanding specialty pharmacy services, the Company enables people, businesses and communities to manage health in more affordable, effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at

Media Contact:

Christina Beckerman
CVS Health
(401) 770-8868


ICA Gruppen’s C shares to be converted to ordinary shares in January 2016

Solna, Sweden, 2016-Jan-14 — /EPR Retail News/ — As previously announced, all C shares in ICA Gruppen will be converted to ordinary shares in January 2016. ICA Gruppen’s board of directors today made the decision that conversion shall be carried as prescribed in the company’s Articles of Association.

The total number of shares in ICA Gruppen is 201,146,895, of which 82,067,892 are C shares up until conversion. The company’s Articles of Association stipulate that, at the request of shareholders, C shares shall be converted to ordinary shares and that a conversion may take place not earlier than in January 2016. As previously announced, ICA-handlarnas förbund, which owns all of the C shares, made such a request on January 1st2011, which has prompted the Board to now make a decision on conversion in accordance with the company´s Articles of Association. The total number of shares and votes will remain unchanged after the conversion, as will ICA-handlarnas förbund’s share of ownership in ICA Gruppen, 51.3%.

Ordinary shares and C shares have the same voting rights, but different entitlement to cash dividends. Ordinary shares have an unrestricted entitlement to dividends, while C shares lack any right to cash dividends. After the completed conversion, ICA Gruppen will only have one class of shares – ordinary shares – carrying equal entitlement to dividends.

For more information

ICA Gruppen press service, Telephone number: +46 10 422 52 52

ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.00 on Thursday, 14 January 2016.


RioCan Real Estate Investment Trust to release its financial results for the fourth Quarter and year-ended December 31, 2015 on February 18, 2016

TORONTO, ONTARIO, 2016-Jan-14 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months and year-ended December 31, 2015 prior to the market open on Thursday, February 18, 2016.

Interested parties are invited to participate in a conference call with management on Thursday, February 18, 2016 at 11:00 a.m. eastern time. You will be required to identify yourself and the organization on whose behalf you are participating.

In order to participate, please dial 416-340-2216 or 1-800-355-4959. If you cannot participate in the live mode, a replay will be available until March 17, 2016. To access the replay, please dial 905-694-9451 or 1-800-408-3053 and enter passcode 8236092#.

Scheduled speakers include Edward Sonshine, O.Ont., Q.C., Chief Executive Officer, Rags Davloor, President and Chief Operating Officer and Cynthia Devine, Executive Vice President and Chief Financial Officer. Management’s presentation will be followed by a question and answer period. To ask a question, press “star 1” on a touch-tone phone. The conference call operator will be notified of all requests in the order in which they are made, and will introduce each questioner.

Alternatively, to access the simultaneous webcast, go to the following link on RioCan’s website and click on the link for the webcast. The webcast will be archived 24 hours after the end of the conference call and can be accessed for 120 days.

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $15.1 billion as at September 30, 2015. It owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 354 retail properties containing approximately 78 million square feet, including 49 retail properties containing 13 million square feet in the United States as at September 30, 2015. RioCan’s portfolio also includes 16 properties under development in Canada. For further information, please refer to RioCan’s website at

Contact Information:
RioCan Real Estate Investment Trust
Christian Green
Director, Investor Relations & Compliance


eBay appoints Tekedra Mawakana as its new vice president of Government Relations

San Jose, California, 2016-Jan-14 — /EPR Retail News/ — Tekedra Mawakana, an experienced public policy leader has joined eBay as its new vice president of Government Relations.  She will lead legislative, policy, antitrust and government affairs for eBay forging relationships with government officials and other stakeholders around the world.

With nearly 20 years of experience, Tekedra was previously global head of Public Policy at Yahoo! where she led Yahoo!’s efforts around  human rights, freedom of expression, net neutrality, data privacy, cybersecurity and other critical digital challenges. She has also previously held a number of legal and policy roles at AOL Inc. Tekedra will report to Marie Oh Huber. 

“I am pleased to welcome Tekedra to eBay,” said Marie Oh Huber, SVP Legal Affairs, General Counsel and Secretary at eBay.  “I have no doubt that she will be a strong advocate for eBay, forging relationships with our customers, legislators and regulators around the world.”

Tekedra has a JD from Columbia School of Law and a BA from Trinity College. She will be relocating to San Jose, CA in the near future.  

SOURCE: eBay Inc.




eBay appoints Tekedra Mawakana as its new vice president of Government Relations

eBay appoints Tekedra Mawakana as its new vice president of Government Relations

Fast Retailing supports people seeking asylum in Germany with almost 50,000 items of clothing

Initiative through local partner, Berliner Stadtmission

Berlin, Germany, 2016-Jan-14 — /EPR Retail News/ — Fast Retailing Co., Ltd., the leading Japanese retailer which operates several international brands, including UNIQLO, today announces the donation of almost 50,000 items of clothing to support people seeking asylum in Germany through the winter. The distribution takes place through UNIQLO’s local partner, Berliner Stadtmission.

The donation includes over 39,000 pieces of new Men’s, Women’s and Kids’ clothing, and around 10,000 items of gently used clothing donated by customers at UNIQLO stores in Europe. Over 50 employees from UNIQLO Germany and abroad will volunteer to sort and distribute the items in refugee camps across Berlin and the surrounding area on Saturday, January 9th, and Sunday, January 10th.

Commenting on today’s announcement, Jean Shein, UNIQLO Global Director of Corporate Social Responsibility, said: “We are very happy to be able to support Berlin’s refugee population with warm clothing during this time of the year as temperatures drop lower and lower. This initiative is the result of thousands of our customers in several countries donating gently used clothing and shows how the sum of many individual actions can have a truly large impact. We are grateful for this support and the warm welcome we have received from Berliner Stadtmission and the many volunteers to implement this initiative as part of our 10 Million Ways to HELP project.”

Fast Retailing began the All-Product Recycling Initiative in 2006, through which UNIQLO in 16 countries and regions collect lightly used clothing from customers for distribution to refugees, displaced people and people in need.

UNIQLO started its local partnership with Berliner Stadtmission in March 2015 including monthly donations of gently used clothing to local people in need as part of the All-Product Recycling Initiative.

The donation taking place this coming weekend is part of the 10 Million Ways to HELP project, a joint initiative between Fast Retailing and its long-standing global partner, the United Nations High Commissioner for Refugees (UNHCR), to provide clothing for a growing number of refugees worldwide. This global campaign launched in UNIQLO stores across 16 countries and regions in October 2015, to encourage customers to donate lightly used UNIQLO clothing.

To date, Fast Retailing has collected and distributed through UNHCR more than 10 million items of lightly used clothing to refugees across 37 countries and regions.


UNIQLO will continue to develop sportswear that actively incorporates Kei Nishikori’s ideas and requests

Tokyo, Japan, 2016-Jan-14 — /EPR Retail News/ — UNIQLO today announces that it has renewed its contract with Global Brand Ambassador Kei Nishikori, the leading men’s singles tennis player in Asia, and it will continue to develop sportswear that actively incorporates the player’s ideas and requests.

UNIQLO and Kei Nishikori have built a positive relationship ever since the first Global Brand Ambassador contract came into effect at the beginning of in the 2011 season. Nishikori is continually developing his skills in an aim to become the world’s best. UNIQLO shares this attitude in seeking to be world’s top casual wear brand, which led to the recent contract renewal. At the same time, UNIQLO will continue to develop high-function wear with Nishikori help him deliver his optimal performance.

Kei Nishikori will once again wear the latest from UNIQLO when when he competes in the Australian Open Tennis Championships, this year to be held in Melbourne on January 18-31. “I am very happy to continue my relationship with Uniqlo. Over the past few years they have been a great partner and terrific part of the team. I look forward to continuing to work together and to achieve our goals to being the best.”

Tadashi Yanai, Fast Retailing Chairman, President & CEO, said, “It is a great pleasure and an honor for us to renew our contract with world top tennis player Kei Nishikori. Since he first became a UNIQLO Global Brand Ambassador in 2011, I have been impressed at how he has continued to evolve as a player, striving to be the world’s best. His astounding advancement over the last few years has encouraged people in Japan and all over the world. We hope that he will continue to succeed in 2016.” He added, “At the same time, UNIQLO has continued to exchange thoughts with Kei Nishikori in an ongoing effort to develop highly functional wear that allows people to be comfortable while playing sports or in their everyday lives. We will continue to provide Kei Nishikori with optimal wear, and strive together to create LifeWear to help people everywhere live better lives.”

Shop performance match wear online here.



UNIQLO will continue to develop sportswear that actively incorporates Kei Nishikori’s ideas and requests

UNIQLO will continue to develop sportswear that actively incorporates Kei Nishikori’s ideas and requests

The Bon-Ton Stores announces its store sales for the nine-week holiday period ended January 2, 2016

  • Company Reports a 1.6% Comparable Store Decrease in Holiday Sales
  • Company Reaffirms Full-Year Adjusted EBITDA Guidance

YORK, Pa., 2016-Jan-14 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that its comparable store sales for the nine-week holiday period ended January 2, 2016 decreased 1.6%, in line with guidance provided on November 19, 2015. Total sales for the combined months of November and December were $784.4 million, a decrease of 1.5% from sales of $796.4 million in the prior year nine-week holiday period.

Kathryn Bufano, President and Chief Executive Officer, commented, “We saw a significant improvement in holiday sales following soft selling trends during an unseasonably warm November. The rebound began with a successful Black Friday event and extended through the month of December. We also drove double-digit sales growth in our omnichannel operations, successfully leveraging our new West Jefferson facility and store-fulfillment network. Based on current sales trends, we are maintaining our full-year Adjusted EBITDA guidance (see Note 1) of a range of $110 million to $120 million, exclusive of implementation costs associated with planned expense reductions in fiscal 2016. We expect to be at the low end of this range given the higher level of promotional activity, particularly in seasonal goods. The decrease in sales of cold-weather merchandise, in fact, exceeded increases we otherwise achieved in non-seasonal merchandise categories. That said, overall we are pleased to see the traction we are gaining on some of our merchandising initiatives and will remain focused on continued execution while prudently managing our inventory levels and expenses.”

The Company will provide additional details on March 15, 2016 when it reports its results for the fourth quarter and fiscal 2015 periods ending January 30, 2016.

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 nine 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. For further information, please visit the investor relations section of the Company’s website at

Cautionary Note Regarding Forward-Looking Statements

Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2015 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company. Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators. Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

Note 1: As used in this release, Adjusted EBITDA is defined as earnings before interest, income taxes, depreciation and amortization, including amortization of lease-related interests, impairment charges and loss on extinguishment of debt. Adjusted EBITDA is not a measure of financial performance under generally accepted accounting principles (“GAAP”). However, we present Adjusted EBITDA in this release because we consider it to be an important supplemental measure of our performance and because it is frequently used by securities analysts, investors and other interested parties to evaluate the performance of companies in our industry and by some investors to determine a company’s ability to service or incur debt. In addition, our management uses Adjusted EBITDA internally to compare the profitability of our stores. Adjusted EBITDA is not calculated in the same manner by all companies and, accordingly, is not necessarily comparable to similarly entitled measures of other companies and may not be an appropriate measure for performance relative to other companies. Adjusted EBITDA should not be assessed in isolation from or construed as a substitute for net income or cash flows from operations, which are prepared in accordance with GAAP. Adjusted EBITDA is not intended to represent, and should not be considered to be a more meaningful measure than, or an alternative to, measures of operating performance as determined in accordance with GAAP.

The Bon-Ton Stores, Inc.
Kim George, 717-751-3071
Divisional Vice President
Investor Relations

Source: The Bon-Ton Stores, Inc.

News Provided by Acquire Media

The Walt Disney Company welcomes Martha Welborne as Senior Vice President, Real Estate & Global Facilities

BURBANK, Calif., 2016-Jan-14 — /EPR Retail News/ — The Walt Disney Company announced today that Martha Welborne has joined the Company as Senior Vice President, Real Estate & Global Facilities, reporting to Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer.

In this role, Ms. Welborne will drive the Company’s overall real estate strategy while overseeing all real estate development, design, construction, asset management, portfolio management, and facilities support and services.

“Ms. Welborne’s proven track record of bringing multiple stakeholders together on large scale projects makes her especially well-suited to her new role at Disney,” said Christine McCarthy. “Her experience positions her perfectly to lead our real estate strategy, working with various Disney businesses and external providers to deliver best-in-class service.”

Ms. Welborne most recently served as Chief Planning Officer for Countywide Planning for the Los Angeles County Metropolitan Transportation Authority (MTA). In her role at the MTA, she was responsible for planning the long-range future of transportation in Los Angeles County and managing all regional capital development and real estate activities. Before joining the MTA, Ms. Welborne was Managing Director of the Grand Avenue Committee, where she was responsible for creating a vision for, and implementing improvements to, the cultural and civic core of downtown Los Angeles.

Ms. Welborne earned a Bachelor’s degree in Architecture from the University of Notre Dame, and Master’s degrees in both Architecture and City Planning from Massachusetts Institute of Technology.


Zenia Mucha
Corporate Communications
(818) 560-5300

SOURCE: Disney

Nike President and CEO Mark G. Parker elected to The Walt Disney Company Board of Directors

BURBANK, Calif., 2016-Jan-14 — /EPR Retail News/ — The Walt Disney Company (NYSE: DIS) Board of Directors has elected Mark G. Parker, the president and chief executive officer of Nike, Inc., as a director, effective immediately.

“As CEO of Nike, Mark is widely recognized for driving the stellar growth of an industry-leading brand,” said Robert A. Iger, Disney’s chairman and CEO. “His keen insight into consumers and his broad experience in international markets make him a great fit for the Disney Board.”

“I’m honored to be named a director of Disney,” Mr. Parker said. “For decades, Disney has delivered truly elevated consumer experiences globally, inspiring generations with creativity and vision. I look forward to working with this team as the company continues to set its sights on the future.”

Mr. Parker will stand for election along with the Company’s other directors at Disney’s annual meeting on March 3 in Chicago. Mr. Parker’s appointment brings total membership on the Disney Board to 12.

Mr. Parker has served as CEO and president of Nike since January 2006.  He joined Nike as one of the company’s first footwear designers in 1979 and during his 37-year tenure he has been at the center of innovation, bringing pioneering concepts and engineering expertise to vital roles such as vice president of consumer product marketing, vice president of global footwear and co-president of the Nike Brand. Mr. Parker has led the way for Nike Air and a multitude of industry-breakthroughs in product design. In addition to helping lead the continued growth of the Nike brand, Mr. Parker is responsible for the growth of the company’s global business portfolio, which includes Converse Inc. and Hurley International LLC.

Mr. Parker holds a B.S. in Political Science from Pennsylvania State University.


Zenia Mucha
Corporate Communications
(818) 560-5300 

SOURCE: Disney

Delaware North Sportservice to integrate its retail POS and inventory management systems through NCR Counterpoint

NCR software delivers purchasing, receiving, inventory control and credit card processing in single solution at Amalie Arena

DULUTH, Ga., 2016-Jan-14 — /EPR Retail News/ — NCR, the global leader in consumer transaction technologies, announced today Delaware North Sportservice , which operates Amalie Arena for the Tampa Bay Lightning, is integrating its retail point-of-sale (POS) and inventory management systems through NCR Counterpoint. With NCR Counterpoint, Delaware North Sportservice has a single retail management software platform to closely track purchases and inventory levels in real-time across its Lightning stores within the Tampa arena.

With NCR Counterpoint’s flexible POS and inventory management system, Delaware North Sportservice is able to improve inventory tracking of detailed item information such as size, color and styles, and creating matrixes for tracking the performance of various options. Empowered with real-time data insights, they will be able to better control costs through tighter re-order points, increase visibility on mark-up ratios, and improve inventory decision making across multiple locations.

The Tampa Bay Lightning have relied on NCR technology for a number of years, including the use of NCR Quest Venue Management software at concession stands throughout the arena.

“With NCR Counterpoint, we have access to a tremendous amount of data and purchasing insight to help with inventory control and plan future marketing promotions,” said Bruce Ground, general manager, Delaware North. “NCR Counterpoint is helping us make operate our stores more efficiently and effectively.”

Built for retailers of all sizes, whether they have just one or hundreds of locations, NCR Counterpoint integrates all inventory data to make information available whenever retailers need it. It offers comprehensive, customized on-demand inventory management, web-based real-time reporting, touchscreen point-of-sale, built-in customer loyalty, automated purchasing, and configurable reporting capabilities with multiple levels of security. The unified system also offers the option of adding custom solutions that allow retailers the flexibility to configure implementation to their specific business requirements, providing access to instant data feedback at any level, on any web device.

“NCR Counterpoint gives Delaware North a solution that directly addresses the needs of the apparel industry,” said Jim-Barry Behar, president, Relentless Solutions, which worked with Delaware North Sportservice on the purchase and installation. “NCR Counterpoint offers a fully integrated, retail management system that we were able to tailor to fit the specific business needs of Delaware North’s Tampa Bay Lightning business and streamline operations within Amalie Arena.”

About Relentless Solutions
Relentless Solutions is a value-added provider of information technology (IT) solutions with a focus on point of sale and inventory control systems, consulting and managed services. Relentless Solutions has been providing retailers and wholesalers throughout the U.S. and Caribbean with systems and solutions for over 25 years. NCR Counterpoint is Relentless Solutions’ top product in many retail and wholesale industries including apparel, sporting goods, and liquor stores.

About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web sites:,
Twitter: @NCRCorporation

Media Contacts:

Jeff Dudash
NCR Public Relations

SOURCE: NCR Corporation

BevMo! launches its new digital platform using the NCR eCommerce Click & Collect platform

Better experiences now possible as Magento-based online platform integrates with NCR in-store systems and NCR offer-delivery engine for ClubBev! members

NRF Big Show 2016, New York, 2016-Jan-14 — /EPR Retail News/ — BevMo!, the largest specialty beverage retailer on the West Coast, successfully launched its new digital platform using the NCR eCommerce Click & Collect platform. NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, had previously deployed Advanced Checkout 7 and Advanced Marketing Solution, NCR’s integrated promotional offer-delivery engine, at all 157 BevMo! stores. With the launch of the Magento Enterprise-based NCR solution, ClubBev! Members can now share the same loyalty club shopping experience regardless of whether they are in-store or online.

“The greatest benefit of the new platform is that BevMo! can now take full advantage of our CRM capabilities by initiating promotional offers to specific ClubBev! Members that are properly managed no matter whether the shopper comes to our stores or chooses to shop online,” said Dan Carter, BevMo!’s Chief Financial Officer.

NCR eCommerce Click & Collect has the flexibility and power to enable a next-level retail experience that consistently crosses channels. The platform enables shoppers to initiate transactions on the merchant’s website, for example, then complete them via in-store pickup. While online, shoppers can select items, access pricing information and promotions, and choose standard and mobile payment options.

“BevMo! is a forward-thinking retailer, using omnichannel platforms to drive their customers with a rich, integrated, and personalized experience across each channel,” said Bill Nuti, Chairman and CEO, NCR Corporation. “NCR continues to drive our strategy of omnichannel experiences through the industries we serve, leveraging powerful software platforms and endpoint technologies to create an exciting user experience.”

“Prior to the delivery of NCR eCommerce Click & Collect, the power of NCR’s Advanced Marketing Solution offer-delivery was limited to just in-store use. We were excited to be the first client of NCR to elevate the power of Advanced Marketing Solution to meet customers wherever they shop – in our stores, at their homes on the web, or on the road with their mobile devices – whether it be for immediate purchase, one-hour pickup at BevMo! stores, same-day home delivery, or overnight shipment,” said Bob Graham, BevMo!’s Vice President of IT. “The power of Magento’s Enterprise open source platform, with its rich 3rd party eco system, and NCR integration capabilities allowed the BevMo! and NCR teams to deploy our new integrated eCommerce platform in record time.”

About NCR Corporation

NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site:,
Twitter: @NCRCorporation, @NCRRetail
Facebook: NCR Corp., NCR Retail
LinkedIn: NCR Corporation, NCR Retail

News Media Contact

Jeff Dudash
NCR Corporation

SOURCE: NCR Corporation

NCR ATM and software solutions to modernize Deutsche Postbank’s retail bank branch network

NCR ATM and software solutions enable one of Germany’s largest retail banks to improve service and offer greater flexibility for customers

Augsburg, Germany, 2016-Jan-14 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Deutsche Postbank AG will modernize its retail bank branch network with NCR intelligent deposit ATMs and NCR SelfServ 85 consulting kiosks. The NCR software and hardware solutions deployed by Postbank will enable customers to make appointments and calculate loans on the NCR kiosks, as well as deposit notes and coins through the convenient new ATMs. The new solutions will be available 24/7 across many Postbank locations, with long term plans to roll out the NCR technology across all 1,100 branches.

The ability for customers to conduct routine tasks and initial research at their own pace, and at any time they wish, will help improve customer experience, while simultaneously freeing bank staff to interact with customers on other complex, high-value banking services.

Deutsche Postbank AG is one of Germany’s largest retail banks, with 14 million customers and 15,000 employees, and annual revenues of 155 billion Euro in 2014. Postbank is focused on consumer and business customers that are served through a network of 1,100 branches, 4,500 partner branches and 900 financial consulting centers. The company prides itself in its customer proximity and has identified personal contact with its customers as key component of its success. For this reason, Postbank invests continuously in improving customer experience in its branches.

As part of that strategy, Postbank will deploy more than 500 NCR solutions, including NCR SelfServTM 32 and NCR SelfServTM 34 ATMs, as well as NCR SelfServTM 85 kiosks and NCR account service terminals. While the NCR ATMs enable direct cash deposits to current and savings accounts, the SelfServ 85 kiosks offer a number of completely new services to customers, such as information on new offers, topical finance trends, as well as savings and credit account access. The kiosks’ intuitive touch screens enable customers to calculate loan rates directly on site and make appointments with their bank managers. Furthermore, the NCR solutions feature innovative software solutions to improve customer experience and drive operational efficiency.

“Whether it is saving cash given as a birthday present or the daily earnings of a hairdresser, customers can make all kinds of deposits and the money is credited to their accounts on the same day,” said Kai Schlueter, Chief Operating Officer Self-Service and Retail Banking at Postbank. ”The new generation of NCR solutions significantly improve our service provision as it gives customers more flexibility and the freedom to choose which transactions they want to conduct themselves and which they prefer direct assistance with.”

NCR security software protects the SelfServ ATMs against known and unknown malware and fraud attacks. In addition, NCR Skimming Protection Solution (SPS) protects cardholder data from card skimming attacks by detecting and jamming the signal of fraudulent skimming devices, as well as notifying the bank in real-time.

“Consumers want their banking experience to be digital, but also personal”, explained Harald Heinz, Channel Area Leader in Germany, Austria and Switzerland at NCR Financial Services. “Investing in self-service solutions helps Postbank to achieve this, while freeing bank employees to help customer with more complex consulting services. The technology also provides flexible and innovative customer services that are available outside standard office hours.”

About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web sites:
Twitter: @NCRCorporation

News Media Contacts

Ortrud Wenzel
NCR Public Relations
+49 821 405 8191

SOURCE: NCR Corporation

Costa Book Awards 2015’s First Novel, Novel, Biography, Poetry and Children’s Book category winners unveiled

  •  Debut author Andrew Michael Hurley collects the Costa First Novel Award for The Loney, described by Stephen King as ‘an amazing piece of fiction’
  • Kate Atkinson wins the Costa Novel Award – for the second time in three years – with her ninth novel, A God in Ruins
  • Andrea Wulf claims the Costa Biography Award for The Invention of Nature: The Adventures of Alexander Von Humboldt, The Lost Hero of Science, her biography of the great ‘lost’ scientist and explorer who inspired Darwin, foresaw the destructive impact of man on the world, and after whom more things have been named than anyone who has ever lived
  • Scottish poet, writer and musician Don Paterson takes the Costa Poetry Award for his latest collection, 40 Sonnets
  • The Lie Tree, a Victorian murder mystery by children’s writer Frances Hardinge, scoops the Costa Children’s Book Award

LONDON, 2016-Jan-14 — /EPR Retail News/ — Costa today announces the Costa Book Awards 2015 winners in the First Novel, Novel, Biography, Poetry and Children’s Book categories.

The Costa Book Awards is the only major UK book prize that is open solely to authors resident in the UK and Ireland and also, uniquely, recognises the most enjoyable books across five categories – First Novel, Novel, Biography, Poetry and Children’s Book – published in the last year.

Originally established in 1971 by Whitbread Plc, Costa announced its takeover of the sponsorship of the UK’s most prestigious book prize in 2006. 2015 marks the 44th year of the Book Awards.

The five winning authors who will now compete for the 2015 Costa Book of the Year are:

Former teacher and librarian, Andrew Michael Hurley, who wins the Costa First Novel Award with his debut,The Loney, a slow-burn gothic horror story the judges called ‘as close to the perfect first novel as you can get’

Kate Atkinson, who takes the Costa Novel Award – her second time in three years – for A God in Ruins; the companion novel to Life After Life, winner of the 2013 Costa Novel Award. Atkinson won the Whitbread Book of the Year in 1995 for her debut novel, Behind the Scenes at the Museum

Historian and writer Andrea Wulf who triumphs in the Costa Biography Award category for The Invention of Nature: The Adventures of Alexander Von Humboldt, The Lost Hero of Science, the story of the life of the visionary German naturalist (Napoleon was jealous of him, and Darwin set sail on the Beagle because of him) whose ideas changed the way we see the natural world and who, in the process, created modern environmentalism

Scottish poet Don Paterson who, 12 years after he first won the Poetry Award, collects it again this year for his ‘tour de force’ collection, 40 Sonnets

Young Adult fiction and children’s writer Frances Hardinge, who wins the Children’s Book Award with The Lie Tree, a ghost story.

“The Costa Book Awards have an extraordinary track record of recognising and celebrating some of the best and most enjoyable British books,” said Christopher Rogers, Managing Director of Costa, “so it’s fantastic to be announcing another stellar collection of award winners which we know people will absolutely love reading.”

The five Costa Book Award winners, each of whom will receive £5,000, were selected from 638 entries, and the books are now eligible for the ultimate prize – the 2015 Costa Book of the Year.

The winner, selected by a panel of judges chaired by James Heneage, and comprising authors and category judges Louise Doughty, Matt Haig, Penny Junor, Martyn Bedford and Julia Copus, joined by Katy Brand, Jane Asher and Janet Ellis, will be announced at an awards ceremony hosted by presenter and broadcaster Penny Smith at Quaglino’s in central London on Tuesday 26th January 2016.

Since the introduction of the Book of the Year award in 1985, it has been won eleven times by a novel, five times by a first novel, six times by a biography, seven times by a collection of poetry and once by a children’s book. The 2014 Costa Book of the Year was H is for Hawk by writer Helen Macdonald.

The winner of the Costa Short Story Award – voted for by the general public and now in its fourth year – will also be announced at the awards ceremony. Voting is open until Wednesday 13th January until which time the identity of the six shortlisted authors remains anonymous.

For additional information go to

Full details of the Category Award Winners follow.

– ends-

For further press information and images or to arrange an interview with any of the winning authors, please contact:

Amanda Johnson
Costa Book Awards Press and Publicity
Telephone: 07715 922180

Founded in London by Italian brothers Sergio and Bruno Costa in 1971, Costa is the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for six years running (2010, 2011, 2012, 2013, 2014 & December 2015).

With over 2,000 coffee shops in the UK and more than 1,880 shops in 30 overseas markets, Costa has diversified into both the at-home and gourmet self-serve markets. There are now more than 4,275 Costa Express self-serve machines in the UK.

In the UK Costa employs over 16,000 people and creates around 1,500 jobs each year.

Costa is committed to looking after coffee-growers. That’s why we’ve established The Costa Foundation, a registered charity. The Costa Foundation’s aims are to relieve poverty, advance education and the health and environment of coffee-growing communities around the world. So far, The Costa Foundation has funded the building of 46 schools and improved the social and economic welfare of coffee-growing communities.



Costa Book Awards 2015's First Novel, Novel, Biography, Poetry and Children’s Book category winners unveiled

Costa Book Awards 2015’s First Novel, Novel, Biography, Poetry and Children’s Book category winners unveiled

Alibaba Group Holding Limited to report its unaudited financial results for the quarter ended December 31, 2015 on January 28, 2016

Hangzhou, China, 2016-Jan-14 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today announced that it will report its unaudited financial results for the quarter ended December 31, 2015 before the U.S. market opens on Thursday, January 28, 2016, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day.

Details of the conference call are as follows:
International: +65 6713 5090
U.S.: +1 845 675 0437
U.K.: +44 203 621 4779
Hong Kong: +852 3018 6771
China: 400 620 8038 or 800 819 0121
Conference ID: 24260474

A live webcast of the earnings conference call can be accessed at An archived webcast will be available through the same link following the call. A replay of the conference call will be available for one week (dial-in number: +61 2 8199 0299; conference ID: 24260474).

Please visit Alibaba Group’s Investor Relations website at on January 28, 2016 to view the earnings release and accompanying slides prior to the conference call.

About Alibaba Group
Alibaba Group’s mission is to make it easy to do business anywhere. The company is the largest online and mobile commerce company in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses.

Alibaba Group’s major businesses include:

  • Taobao Marketplace (, China’s largest online shopping destination
  • (, China’s largest third-party platform for brands and retailers
  • Juhuasuan (, China’s most popular online group buying marketplace
  • Alitrip (, a leading online travel service platform
  • AliExpress (, a global online marketplace for consumers to buy directly from China
  • (, China’s largest global online wholesale platform for small businesses
  • (, a leading online wholesale marketplace in China
  • AliCloud (, a provider of cloud computing services to businesses and entrepreneurs

Investor Contact

Jane Penner
Investor Relations
Alibaba Group Holding Limited

SOURCE: Alibaba Group Holding Limited

Stella McCartney presented her new Autumn 2016 collection at Amoeba Music in Hollywood

Los Angeles, 2016-Jan-14 — /EPR Retail News/ — Tonight (January 12th 2016), Stella McCartney presented her new Autumn 2016 collection at Amoeba Music in Hollywood and paid homage to the local music culture. Alongside the fashion launch were surprise musical performances by Dhani Harrison, New Orleans’ Dirty Dozen Brass Band, You + Me, a collaboration between P!nk and Dallas Green, Beach Boy, Brian Wilson, and Johnny Depp and Marilyn Manson. This is the first time the designer has shown her collection in Los Angeles and the first fashion event for the iconic and largest independent record store remaining in California.

Guests that joined Stella McCartney to celebrate the evening included: Gwyneth Paltrow, Johnny Depp, Amber Heard, Leonardo DiCaprio, Orlando Bloom, Mary J Blige, Ringo Starr, Katy Perry, Kate Hudson, Melanie Griffith, Anjelica Huston, Chelsea Handler, Quincy Jones, Beck, Maya Rudolph, Sarah Silverman, Fred Armisen, Carrie Brownstein, Dave Grohl, Natasha Lyonne, Sam Taylor-Johnson, Aaron Taylor-Johnson, Pamela Anderson, Rashida Jones, Nicole Richie, Selma Blair, Lake Bell, Emilia Clarke, Lily Collins, Elizabeth Olsen, Jemima Kirke, Lola Kirke, Stella Banderas, Riley Keough, Odeya Rush, Kiernan Shipka, Amandla Stenberg, Nana Ghana, Gia Coppola, Kim Gordon, Anthony Kiedis, Dhani Harrison, Jakob Dylan, Soko, Alana Haim, Danielle Haim, Estee Haim, Whitney Cummings, Demi Lovato, Ellen von Unwerth, Petra Cortright, Anthony James, Kate Upton, Amber Valletta, Angela Lindvall, Liberty Ross, Frankie Rayder, Dree Hemingway, and more.

The new collection illustrating an individual attitude in a playful style combination of sophisticated, sporty and romantic was showcased on models in fun animated vignettes within the record store. Models dressed in the Autumn 2016 looks played with vintage pin ball machines, video games, a jukebox and video screens. The designer’s signature take on masculine and feminine dressing was well represented in the collection of bold animal prints, sporty diagonal stripes, graphic shapes, and romantic silhouettes.

Accessories that complement the collection including the Falabella bag, Elyse, Binx and Odette shoes alongside the eco-friendly eyewear fabricated from bio materials were prominently displayed.Staying true the designer’s commitment to sustainability every aspect of the collection has been considered to be made in an environmentally responsible way and is consistent with the vegetarian philosophy, completely cruelty free.

To commemorate the event, a limited edition t-shirt will be available for purchase for $35 exclusively in-store at Amoeba Music. 100% of the sales of the t-shirt will be donated to No-Kill Los Angeles, an initiative of Best Friends Animal Society whose mission is to end killing dogs and cats in LA city shelters.

About Stella McCartney
Stella McCartney is a 50/50 joint venture partnership between Ms. Stella McCartney and Kering established in 2001. A lifelong vegetarian, Stella McCartney does not use any leather or fur in her designs. The brand’s ready-to-wear, accessories, lingerie, fragrance, kids and adidas by Stella McCartney collections are available through 49 other free-standing stores including London, New York, Los Angeles, Tokyo, Hong Kong, Paris and Milan as well around 600 wholesale accounts in key cities worldwide.
For more information about Stella McCartney, please visit

SOURCE: Stella McCartney Ltd 


Stella McCartney presented her new Autumn 2016 collection at Amoeba Music in Hollywood

Stella McCartney presented her new Autumn 2016 collection at Amoeba Music in Hollywood

Bed Bath & Beyond’s Q3 FY 2015 comparable sales on digital channels grew in excess of 25%

  • Net Earnings per Diluted Share of $1.09
  • Net Sales Increased by Approximately 0.3%; 0.7% on a Constant Currency Basis
  • Comparable Sales Decreased by Approximately 0.4%; Relatively Flat on a Constant Currency Basis
  • Comparable Sales from Customer Facing Digital Channels Grew in Excess of 25%
  • Modeling Fiscal Fourth Quarter and Full Year 2015 Net Earnings per Diluted Share of Approximately $1.72 to $1.86 and Approximately $4.91 to $5.05, respectively

UNION, N.J., 2016-Jan-14 — /EPR Retail News/ — Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the third quarter of fiscal 2015 ended November 28, 2015.

Fiscal 2015 Third Quarter and Nine Months Results

For the third quarter of fiscal 2015, the Company reported net earnings of $1.09 per diluted share ($177.8 million) compared with $1.23 per diluted share ($225.4 million) for the third quarter of fiscal 2014.  On December 22, 2015, the Company announced revised net earnings estimates of $1.07 to $1.10 per diluted share for the fiscal third quarter of 2015.  The third quarter year-over-year comparison of net earnings per diluted share was unfavorably impacted by approximately $0.13, based on the fiscal 2015 diluted weighted average shares outstanding, due to the following non-comparable items:  a non-recurring credit card fee litigation settlement benefit that occurred in the third quarter of fiscal 2014; lower net after tax benefits in the third quarter of fiscal 2015 as compared to fiscal 2014 due to distinct tax events; and an unfavorable foreign currency rate impact in the third quarter of fiscal 2015.

For the third quarter of fiscal 2015, net sales were approximately $2.952 billion, an increase of approximately 0.3% from net sales of approximately $2.943 billion reported in the third quarter of fiscal 2014.  Net sales on a constant currency basis (a non-GAAP measure) increased by approximately 0.7% for the third quarter of fiscal 2015. Comparable sales in the third quarter of fiscal 2015 decreased by approximately 0.4%, compared with an increase of approximately 1.7% in last year’s fiscal third quarter.  Comparable sales on a constant currency basis (a non-GAAP measure) were relatively flat for the third quarter of fiscal 2015.  Comparable sales from customer facing digital channels grew in excess of 25% while comparable sales from stores declined in the low single-digit percentage range during the third quarter of fiscal 2015.

For the fiscal nine months ended November 28, 2015, the Company reported net earnings of $3.22 per diluted share ($537.9 million) compared with $3.31 per diluted share ($636.4 million) in the corresponding period a year ago.  Net sales for the fiscal nine months of 2015 were approximately $8.686 billion, an increase of approximately 1.7% from net sales of approximately$8.545 billion in the corresponding period a year ago.  Net sales on a constant currency basis increased by approximately 2.0% for the fiscal nine months. Comparable sales for the fiscal nine months of 2015 increased by approximately 0.8%, compared with an increase of approximately 1.9% in last year’s fiscal nine months.  Comparable sales on a constant currency basis increased by approximately 1.2% for the fiscal nine months of 2015.  Comparable sales from customer facing digital channels grew approximately 30% while comparable sales from stores declined in the low single-digit percentage range during the fiscal nine months of 2015.

Share Repurchase Program

During the third quarter of fiscal 2015, the Company repurchased approximately $194 million of its common stock, representing approximately 3.3 million shares, under its existing share repurchase program.  As of November 28, 2015, the remaining balance of the current $2.0 billion share repurchase program was approximately $110 million.  The Company is modeling to complete its current share repurchase program during the fourth quarter of 2015 and commence repurchases under the new $2.5 billion authorization, approved by the Board of Directors in September 2015.

Fiscal 2015 Financial Model

The Company is now modeling comparable sales to be between relatively flat and an increase of approximately 2.0% for the fiscal 2015 fourth quarter which results in a range of approximately 0.6% to 1.1% for the fiscal full year.  Net earnings per diluted share are modeled to be in the range of approximately $1.72 to $1.86 for the fiscal 2015 fourth quarter and approximately $4.91 to $5.05 for the fiscal full year.  The modeling of net earnings per diluted share is based upon a number of assumptions which will be described in the Company’s third quarter of fiscal 2015 conference call. Information regarding access to the call is available in the Investor Relations section of the Company’s website,

About the Company
Bed Bath & Beyond Inc. and subsidiaries (the “Company”) is a retailer selling a wide assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online or through a mobile device. The Company has the developing ability to have customer purchases picked up in-store or shipped direct to the customer from the Company’s distribution facilities, stores or vendors.  In addition, the Company operates Of a Kind, an e-commerce website that features specially commissioned, limited edition items from emerging fashion and home designers.  The Company also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries.  Additionally, the Company is a partner in a joint venture which operates retail stores inMexico under the name Bed Bath & Beyond.

The Company operates websites at,,,,, and  As of November 28, 2015, the Company had a total of 1,526 stores, including 1,022 Bed Bath & Beyond stores in all 50 states, the District of Columbia, Puerto Rico and Canada, 276 stores under the names of World Market, Cost Plus World Market or Cost Plus, 100 buybuy BABY stores, 78 stores under the names Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, and 50 stores under the names Harmon or Harmon Face Values.  During the fiscal third quarter, the Company opened five Bed Bath & Beyond stores, one buybuy BABY store and six Cost Plus World Marketstores and closed six Bed Bath & Beyond stores.  In addition, the Company is a partner in a joint venture which operates six stores in Mexico under the name Bed Bath & Beyond.

Non-GAAP Information

This press release contains certain non-GAAP information, such as net sales on a constant currency basis, which is intended to provide visibility into the Company’s operations by excluding the effects of foreign currency exchange rate fluctuations.

Forward-Looking Statements

This press release may contain forward-looking statements.  Many of these forward-looking statements can be identified by use of words such as may, will, expect, anticipate, approximate, estimate, assume, continue, model, project, plan, and similar words and phrases.  The Company’s actual results and future financial condition may differ materially from those expressed in any such forward-looking statements as a result of many factors. Such factors include, without limitation: general economic conditions including the housing market, a challenging overall macroeconomic environment and related changes in the retailing environment; consumer preferences, spending habits and adoption of new technologies; demographics and other macroeconomic factors that may impact the level of spending for the types of merchandise sold by the Company; civil disturbances and terrorist acts; unusual weather patterns and natural disasters; competition from existing and potential competitors; competition from other channels of distribution; pricing pressures; liquidity; the ability to attract and retain qualified employees in all areas of the organization; the cost of labor, merchandise and other costs and expenses; potential supply chain disruption due to political instability, labor disturbances and other items; the ability to find suitable locations at acceptable occupancy costs and other terms to support the Company’s plans for new stores; the ability to assess and implement technologies in support of the Company’s development of its omnichannel capabilities; uncertainty in financial markets; disruptions to the Company’s information technology systems including but not limited to security breaches of systems protecting consumer and employee information; reputational risk arising from challenges to the Company’s or a third party supplier’s compliance with various laws, regulations or standards, including those related to labor, health, safety, privacy or the environment; reputational risk arising from third-party merchandise or service vendor performance in direct home delivery or assembly of product for customers; changes to statutory, regulatory and legal requirements; new, or developments in existing, litigation, claims or assessments; changes to, or new, tax laws or interpretation of existing tax laws; changes to, or new, accounting standards including, without limitation, changes to lease accounting standards; foreign currency exchange rate fluctuations; and the integration of acquired businesses.  The Company does not undertake any obligation to update its forward-looking statements.

SOURCE Bed Bath & Beyond Inc.

INVESTOR CONTACTS: Janet M. Barth, (908) 613-5820; Kenneth C. Frankel, (908) 855-4554

ascena retail group reaffirmed its full year EPS guidance range of $0.75 to $0.80 for the 52-week period ending July 23, 2016

MAHWAH, N.J., 2016-Jan-14 — /EPR Retail News/ — ascena retail group, inc. (NASDAQ – ASNA) (the “Company”) today announced consolidated comparable sales decreased 4% over the Holiday period, which represents performance fromSaturday, November 21, 2015 through Sunday, January 3, 2016. The Company also reaffirmed its full year EPS guidance range of $0.75 to $0.80 for the 52-week period ending July 23, 2016.

Total Comparable Holiday Sales*
ANN Brands (1%)
Justice (15%)
Lane Bryant 6%
maurices 1%
dressbarn (3%)
Catherines (2%)
ascena (4%)

Figures include ecommerce on a demand basis

David Jaffe, President and CEO, commented, “The Holiday period for specialty retail was marked by soft traffic and unseasonably warm conditions, and was highly competitive. Excluding the planned decline at Justice, consolidated comparable sales were flat to last year.”

Jaffe further commented, “Consistent with performance over the Black Friday week, performance was mixed across our portfolio through the holiday period. We were very pleased with the positive comp trend that we continue to see at Lane Bryant. Inventory levels were down significantly to last year across our ANN Brands and at Justice, which helped drive significant gross margin rate improvement. Justice’s negative comp sales performance was in line with our expectations, and the brand is set up well for the upcoming transition to Spring. Our maurices and Catherines brands faced very strong performance last year, with compounded two-year growth up high single digits at both brands. Finally, we saw a modest improvement in trend at dressbarn, with roughly flat comp performance over a two year period.”

Jaffe concluded, “We remain comfortable with our full year outlook, and are reaffirming our earnings per share guidance range of $0.75 to $0.80. We were a bit disappointed with our overall Holiday sales performance, and expect second quarter earnings per share will be below the $0.02 we had guided to at our December earnings call. We now see second quarter earnings per share between breakeven and ($0.03). However, inventories are very well controlled across ascena as we transition into the Spring season, and we are pleased with the continuing turnaround at Justice.”

About ascena retail group, inc.
ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering clothing, shoes, and accessories for missy and plus-size women under the Ann Taylor, LOFT, Lou & Grey, Lane Bryant, Cacique, maurices, dressbarn, andCatherines brands, and for tween girls under the Justice brand. ascena retail group, inc. operates, through its 100% owned subsidiaries, ecommerce operations and approximately 5,000 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, visit,,,,,,,,, and

Source: ascena retail group, inc.

Investor Relations
ICR, Inc.
James Palczynski, 203-682-8229

Mary Amicucci appointed Chief Merchandising Officer Barnes & Noble

New York, NY, 2016-Jan-14 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, today announced the appointment of Mary Amicucci as Chief Merchandising Officer, effective immediately. Ms. Amicucci previously held the role of Vice President of Adult Trade & Children’s Books and will continue to report directly to Jaime Carey, Chief Operating Officer.

“We are thrilled to announce that Mary Amicucci has been promoted to Chief Merchandising Officer. Mary has a proven track record of success and leadership of our physical book business, making her the perfect choice for this position,” said Mr. Carey. “She has already made an outstanding contribution to our merchandising efforts and we’re excited to see what she will achieve in this new role.”

Ms. Amicucci served as Vice President, Children’s Books since 2010 and was promoted to Vice President, Adult Trade & Children’s Books in 2013, where she was responsible for leading merchandising plans and marketing strategies. In her new role, she will oversee the planning of all merchandising initiatives and will also be responsible for managing and developing talent across all of the merchandising groups within the Company, including Books, Toys & Games, Gift, Newsstand and Music/DVD.

Ms. Amicucci joined Barnes & Noble from The Children’s Place Retail Stores, Inc., where she held the position of Vice President, Planning and Allocation. She was responsible for the strategic development of that company’s sales, markdown, inventory management plans and margin for both the retail stores and the e-commerce business. In addition to her eight years at The Children’s Place, Ms. Amicucci has also held buying positions at May Company Department stores, Ames Department stores, and Maurices, Inc.

About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS) is a Fortune 500 company, the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products. The Company operates 640 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, ( The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4 million digital books in the US ( and UK (, plus periodicals, comics, apps, movies and TV shows, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website at

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Mary Ellen Keating
Senior Vice President,
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323

Andy Milevoj
Vice President,
Investor Relations
Barnes & Noble, Inc.
(212) 633-3489

SOURCE: Barnes & Noble, Inc.