Martin Luther King Jr. Day at Starbucks

SEATTLE, 2016-Jan-18 — /EPR Retail News/ — Among the Starbucks partners (employees) fanning out to volunteer for community service projects on Martin Luther King Jr. Day, Spencer Bowen is likely the only one who has been rewarded for past good deeds with a series of ceremonial sheep dinners.

That’s sheep, he emphasized. Not lamb. “More mature,” the U.S. Air Force Reserve major explained dryly.

Bowen, a two-year partner involved in research and development at Starbucks Seattle headquarters, spent a period in Kyrgyzstan serving as a humanitarian assistance program manager for the United States Air Force. Arriving in the fall of 2011, he worked with the Kyrgyz ministers of education and health, as well as U.S. Embassy and Peace Corps figures, but also got a taste of day-to-day life in the landlocked Central Asian nation.

During his seven-month deployment, he hired and oversaw local contractors renovating schools and medical clinics, directed an effort to replace English schoolbooks dating from the 1950s with new texts, and led a program that distributed 12,000 blankets to dozens of far-flung locations.

The latter effort, embarked upon as winter approached, put him in contact with village leaders across the mountainous landscape.

“We had coats to provide for their children and they were so grateful,” Bowen said. “They didn’t have money and we didn’t want anything in the first place, but they felt compelled to give us something. So every village we went to we had a sheep dinner.”

Stepping Up at Fisher House

On MLK Day, Bowen will lead a group of Starbucks volunteers at the VA Puget Sound Fisher House. The facility is one of 67 around the United Stated, United Kingdom and Germany providing a place where military and veterans’ families can stay at no cost while a loved one is receiving treatment. Bowen’s crew of 10 adults and a handful of children will make greeting cards for veterans and family members and prepare meals for 30 to 40 residents of the facility.

“The families who go to Fisher House are geographically separated from their homes and they don’t necessarily have access to groceries,” said Bowen. “A home-cooked meal is a treat for them, because otherwise they have fast food or hospital food.”

Bowen, who is involved in community service projects throughout the year as a member of the Starbucks Armed Forces Network, wanted to work with Fisher House from the moment he heard about the opportunity.

“This is exactly the kind of thing we want to be doing, and not just for a one-time kind of impact,” he said.

A Nationwide Day of Service

Fisher House is one of a half-dozen locations in the Seattle area where Starbucks volunteers will be congregating on MLK Day. At several locations, partners will be joined by students from the University of Washington as part of a three-year partnership with the United Way that encourages partners and students to make January 18 a day of service. An estimated 500 UW students participated in service work last year.

Starbucks partners will be involved in hundreds of projects around the nation on MLK Day – from boarding up vacant houses near two Detroit schools and beautifying schools in major cities to serving coffee and guiding visitors through the National Civil Rights Museum in Memphis, Tennessee.

Partners and customers can find a service project in their community through this website.

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

SOURCE: Starbucks Corporation

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Martin Luther King Jr. Day at Starbucks

Martin Luther King Jr. Day at Starbucks

Brazil becomes Starbucks first market in South America to enable mobile payment

BRAZIL, 2016-Jan-18 — /EPR Retail News/ — Starbucks Brazil has launched its mobile app, which includes mobile payment, allowing customers to pay for in-store purchases with their smartphones. Customers now have access to one of the largest mobile payment programs in Brazil and the fastest way to pay at Starbucks® stores.

Brazil is Starbucks first market in South America to enable mobile payment, following successful launches in the United States, Canada, U.K., and other select markets around the world.

In addition to the speed, ease and convenience of paying with a smartphone, the app allows customers to manage their Starbucks Card account, check their card balance, reload their card with any major credit card, and find a nearby Starbucks store with the store locator feature. This is all done through the password-protected app.

The app will engage and reward Starbucks most loyal customers – My Starbucks Rewards™ loyalty program members – by making it easier to earn, track and redeem rewards like free beverages and other special offers via their mobile device.

“Mobile payment is just one example of how we’re continually innovating on behalf of our customers to enhance the Starbucks Experience,” said Bianca Bader, marketing manager for Starbucks Brazil. “A growing segment of our customers here in Brazil are using smartphones, and we’re always thinking of new ways to add value and give them more reasons to choose Starbucks. After great success in other markets around the world, we’re very pleased to be launching our app in Brazil.”

About Starbucks Brazil
Starbucks opened its first store in Brazil in December 2006 and changed the specialty coffee market in the country. Today Starbucks operates over 100 stores in São Paulo, Guarulhos, Jundiaí, Campinas, São José dos Campos, Ribeirão Preto, São José do Rio Preto, Sorocaba, ABC Paulista, Santos, Piracicaba, Niterói and Rio de Janeiro.

In addition to its hot and cold handcrafted beverages and high-quality food products, Starbucks offers customers a “third place” – a welcoming and friendly environment between home and work where people can relax, listen to music and meet friends. The store environment, personalized service and the finest specialty coffees in the world together create the Starbucks Experience. To learn more about Starbucks Brazil, visit this website www.starbucks.com.br.

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

SOURCE: Starbucks Corporation

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Brazil becomes Starbucks first market in South America to enable mobile payment

Brazil becomes Starbucks first market in South America to enable mobile payment

Blue Monday: Tesco is giving away free fruit at stores around the country

CHESHUNT, England, 2016-Jan-18 — /EPR Retail News/ — Tesco is looking to put a smile on the face of thousands of customers as the country endures what is officially known as the most depressing day of the year- Blue Monday.

With millions of people feeling glum due to winter weather, failed New Year’s resolutions or just settling back into their work routine, Tesco is giving away free fruit at stores around the country. The fruit will be handed out between 3.30pm and 5.30pm on the day, and customers will be able to enjoy free kiwis, apples, clementines and blueberries.

Josh Hardie, Corporate Responsibility Director for Tesco said:

“We know lots of our customers will be making healthy little changes to their lifestyle during January and we wanted to do everything we can to help out. We know today is the day people are most likely to be feeling the January blues, and we hope a free piece of fruit will help our customers feel a little bit happier as they shop with us.”

Tesco is also hosting its very own pop-up Blueberry Smoothie Station in its Tooley Street Metro store in central London today.  The pop-up will open at 7am in the morning and will be providing customers with blueberry based smoothies designed to make people feel happier and healthier.

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

We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

SOURCE: Tesco PLC

Carrefour’s infographic on tackling food wastage

Boulogne-Billancourt, FRANCE, 2016-Jan-18 — /EPR Retail News/ — As France’s leading food retailer, Carrefour has implemented an ambitious strategy to reduce its CO2 emissions by 40% between 2010 and 2025.

As France’s biggest private donor to the Food banks, tackling food wastage is central to Carrefour’s commitments.

See the attached graphic for information about all the initiatives that Carrefour France is implementing in order to tackle food wastage.

SOURCE: Carrefour

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Carrefour's infographic on tackling food wastage

Carrefour’s infographic on tackling food wastage

Felicia Williams elected executive VP, controller and enterprise risk of Macy’s and will serve as the corporation’s chief accounting officer

CINCINNATI, 2016-Jan-18 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) today announced that Felicia Williams, currently its senior vice president for enterprise risk and internal audit, has been elected executive vice president, controller and enterprise risk of Macy’s, Inc. and will serve as the corporation’s chief accounting officer, effective June 1, 2016. She will report to Karen Hoguet, chief financial officer.

Williams, a 12-year Macy’s veteran, will succeed EVP/Controller Joel Belsky, who retires effective May 31, 2016 after a 41-year career in management of corporate financial functions, including 36 years at Macy’s, Inc. and its predecessor companies.

Belsky, 62, was elected executive vice president and controller of Macy’s, Inc. (then known as Federated Department Stores, Inc.) in May 2009. Belsky began his career in 1975 as an accounting supervisor at Bloomingdale’s. In 1977, he joined Gimbels where he became director of inventory control before leaving to join the MacGregor Golf Co. in 1981. Belsky joined Atlanta-based Rich’s in 1982 as manager of financial reporting. Over the next 10 years, he assumed positions of increasing responsibility in finance and operations before being named vice president of finance and chief financial officer of Rich’s in 1992. He was named vice president and controller of Federated in 1996. Belsky, a native New Yorker, is a graduate of Brooklyn College and a certified public accountant. Belsky resides in theCincinnati area.

Williams, 50, was named senior vice president for enterprise risk and internal audit in January 2014. Previously, she served as senior vice president for risk and financial services and as senior vice president for treasury and risk management since September 2008. Williams joined Macy’s in 2004 as vice president for internal audit from Coca-Cola Hellenic Bottling Co. in Athens, Greece, where she was director of internal audit. She began her career in 1994 as a commercial paper trader and money market analyst for the Coca-Cola Company in Atlanta and was promoted to various positions in treasury, financial control and finance. Prior to Coca-Cola, Williams worked for Bristol-Myers Squibb and Arthur Andersen & Company. A native of Chicago, Williams is a graduate of Florida A&M University and is a certified public accountant. She lives in the Cincinnati area.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2014 sales of $28.015 billion. The company operates about 900 stores in 45 states, the District of Columbia, Guamand Puerto Rico under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Bloomingdale’s inDubai is operated by Al Tayer Group LLC under a license agreement.

All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Macy’s management and are subject to significant risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including conditions to, or changes in the timing of, proposed transactions, prevailing interest rates and non-recurring charges, competitive pressures from specialty stores, general merchandise stores, off-price and discount stores, manufacturers’ outlets, the Internet, mail-order catalogs and television shopping and general consumer spending levels, including the impact of the availability and level of consumer debt, the effect of weather and other factors identified in documents filed by the company with the Securities and Exchange Commission.

(Note: additional information on Macy’s, Inc., including past news releases, is available at www.macysinc.com/pressroom)

Source: Macy’s, Inc.

Macy’s, Inc.
Media – Jim Sluzewski, 513-579-7764
or
Investor – Matt Stautberg, 513-579-7780

SSP to operate 21 outlets at Bangkok’s Don Mueang International Airport for 5 years

LONDON, 2016-Jan-18 — /EPR Retail News/ — SSP, a leading operator of food and beverage brands in travel locations worldwide, has been awarded a contract valued at approximately £61 million (600 million CNY) to operate 21 outlets at Bangkok’s Don Mueang International Airport. The contract will run for five years.

Commenting on the win, Chris Rayner, CEO of SSP Asia Pacific said; “Our proven ability to provide world-class brands together with our continuing focus on driving customer satisfaction, quality and sales have been instrumental in helping us win this latest deal. Don Mueang is not only one of the fastest growing airports in the world, but it is also where SSP’s operations in Thailand first began. We are delighted to be building on our strong partnership with Airports of Thailand PLC, and to have secured this very substantial new deal in the face of strong competition from local as well as international operators.”

The brand mix SSP will offer features a number of names that the company has already operated with great success in Thailand, including internationally renowned brands Burger King, The Pizza Company, ice cream concept Dairy Queen, coffee shop Caffè Ritazza and SSP’s own pub offer Bill Bentley. As around three quarters of the passengers who use the airport are locals, SSP is opening a range of Bangkok favourites alongside these global names. These include bakery S&P, fast food concept Thai Express, and noodle brand Yentafo. The majority of the airport’s international passengers are from South East Asia and China, and to meet their needs SSP will introduce Asia’s much loved Ajisen Ramen, and bakery Bread Talk.

SSP has worked with Airports of Thailand PLC since 1995, and today the company has a presence at all of the country’s major airports including Suvarnabhumi, Chiang Mai, Chiang Rai, Phuket, Hat Yai, Samui and Udon Thani.

Brand highlights:

· Thai Express is the world’s largest chain of modern Thai restaurants. Serving traditional Thai cuisine in a relaxed and yet contemporary environment, today the brand can be found at over 30 locations from China and Malaysia to Vietnam and Singapore.

· Bread Talk specialises in sweet and savoury bakery specifically tailored to appeal to Asian tastes. The brand was founded in 2000, and today Bread Talk serves more than 1,000 products at over 850 outlets in 17 countries.

· Family-run business S&P welcomed its first customers in 1973 and since that time it has grown to become one of Thailand’s most renowned restaurant and bakery chains. Its menu incorporates elements from Thai, Asian and Western cuisines.

· Yentafo by A. Mallika specialises in the highly popular noodle dish Yentafo – a red fish soup. Founded in 1999 by A Mallika, the brand now has 24 outlets throughout Bangkok.

· Japanese brand Ajisen Ramen is the country’s leading ramen restaurant and can now be found across the Asian continent. It serves a range of Asian dishes in a format that is simple, tasty and healthy as well as convenient.

SOURCE: SSP Group plc

Best Buy CEO Hubert Joly: Domestic revenue declined 0.8% during the holiday period driven by the mobile phone category

  • Domestic Revenue Decreased 0.8%
  • Repurchased $203 million in Stock for a Year-to-Date Total of $588 million
  • Improving the Fourth Quarter Operating Margin Outlook

MINNEAPOLIS, 2016-Jan-18 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE:BBY) today announced revenue results for the nine weeks ended January 2, 2016 as compared to the nine weeks ended January 3, 2015.

Hubert Joly, Best Buy chairman and CEO, commented, “During the holiday period, Domestic revenue declined 0.8% against a backdrop where the NPD-reported categories were down a greater-than-expected 4.8%5. The Domestic decline was primarily driven by the mobile phone category, which was softer than both our expectations and the prior year. Excluding mobile phones, Domestic revenue increased year over year due to our strong performance in health & wearables, home theater and appliances. Online revenue increased 12.6% on top of a 13.4% increase last year. In addition, we saw a significant improvement in our Net Promoter Score. From a financial perspective, despite a slightly softer-than-expected topline, we are improving our fourth quarter operating income rate outlook as a result of our continuing conviction to a disciplined promotional strategy and strong expense management.”

Joly concluded, “These results and our outlook are driven by the solid execution of our holiday strategy and the leveraging of investments in our merchandise assortment, digital capabilities, higher in-stocks, Blue Shirt and Geek Squad expertise and faster shipping. Ultimately, this performance is the result of the hard work, dedication and customer focus on the part of all of our associates.”

Sharon McCollam, Best Buy EVP, CAO and CFO, commented, “Based on the holiday results Hubert just discussed, we are updating our fourth quarter outlook as follows. In the Domestic business, we are expecting (1) a revenue decline of near 1.5% versus our previous expectation of near flat due to softer consumer demand in mobile phones and greater-than-expected declines in the NPD-reported categories; and (2) a non-GAAP operating income rate decline of 10 to 15 basis points versus our previous expectation of a rate decline of 20 to 35 basis points. As a reminder, the shift of the Super Bowl into Q1 FY17 is driving an expected 40 basis points of pressure on this quarter’s revenue.

“In the International business, our outlook has not changed. We continue to expect (1) an International revenue decline of approximately 30% due to the ongoing impacts of the Canadian brand consolidation, foreign currency fluctuations and softness in the Canadian market; and (2) an International non-GAAP operating income rate in the range of positive 2.0% to 3.0%.

“Based on the above, our Enterprise outlook includes (1) a revenue decline of near 4% versus our previous expectation of a low single-digit decline; and (2) a non-GAAP operating income rate decline of approximately 15 to 30 basis points versus our previous expectation of a rate decline of 25 to 45 basis points. From a tax rate perspective, we now expect the non-GAAP effective income tax rate from continuing operations to be in the range of 34.5% to 35%, versus 34.2% last year, which is expected to result in a negative $0.01 to negative $0.03 year-over-year non-GAAP diluted EPS impact in Q4 FY16.”

Share Repurchases Reach $588 million

On March 3, 2015, the company announced the intent to repurchase $1 billion worth of its shares over a three-year period. On a year-to-date basis, the company has already repurchased 17.8 million shares for a total of $588 million – of which 6.6 million shares, or $203 million, were repurchased in the nine-week period ended January 2, 2016. The company intends to continue to repurchase shares through the end of the fourth quarter.

Domestic Segment Holiday Revenue Results

Domestic revenue of $10.1 billion decreased 0.8% versus last year. This decrease was primarily driven by a comparable sales decline of 1.4%, excluding the estimated 20-basis point benefit associated with the classification of revenue for the mobile carrier installment billing plans3 and the loss of revenue from closed stores. These declines were partially offset by an estimated 20-basis point benefit associated with installment billing3 and an approximate 95-basis point periodic profit sharing benefit from our externally-managed extended service plan portfolio.

Domestic online revenue of $1.7 billion increased 12.6% on a comparable basis primarily due to a higher conversion rate. As a percentage of total Domestic revenue, online revenue increased 200 basis points to 16.7% from 14.7% last year.

From a merchandising perspective, comparable sales growth in health & wearables, home theater and major appliances was more than offset by significant declines in mobile phones, tablets and digital imaging. The company also saw continued revenue declines in services due to investments in services pricing, declining attach rates of traditional warranty plans and, to a lesser extent, the reduction of frequency and severity of claims on extended warranties which has reduced repair revenue.

International Segment Holiday Revenue Results

International revenue of $911 million declined 26.1% versus last year. This decline was primarily driven by (1) a negative foreign currency impact of approximately 1,350 basis points; (2) the loss of revenue associated with closed stores as part of the Canadian brand consolidation; and (3) ongoing softness in the Canadian economy and consumer electronics industry.

(1) On March 28, 2015, the company consolidated the Future Shop and Best Buy stores and websites in Canada under the Best Buy brand. This resulted in the permanent closure of 66 Future Shop stores and the conversion of the remaining 65 Future Shop stores to the Best Buy brand.

(2) Best Buy’s comparable sales is comprised of revenue at stores, websites and call centers operating for at least 14 full months, as well as revenue related to certain other comparable sales channels. Relocated stores, as well as remodeled, expanded and downsized stores closed more than 14 days, are excluded from the comparable sales calculation until at least 14 full months after reopening. Acquisitions are included in the comparable sales calculation beginning with the first full quarter following the first anniversary of the date of the acquisition. The calculation of comparable sales excludes the impact of revenue from discontinued operations.

The Canadian brand consolidation, which includes the permanent closure of 66 Future Shop stores, the conversion of 65 Future Shop stores to Best Buy stores and the elimination of the Future Shop website, has a material impact on a year-over-year basis on the Canadian retail stores and the website. As such, all store and website revenue has been removed from the comparable sales base and International (comprised of Canada and Mexico) no longer has a comparable metric until International revenue is comparable on a year-over-year basis. Therefore, Enterprise comparable sales will be equal to Domestic comparable sales until International revenue is again comparable on a year-over-year basis.

(3) In April of 2014, Best Buy began offering mobile carrier installment billing plans to its Domestic customers in addition to two-year contract plans. While the two types of contracts have broadly similar overall economics, installment billing plans typically generate higher revenues due to higher proceeds for devices and higher cost of sales due to lower device subsidies. As the mix of installment billing plans increases, there is an associated increase in revenue and cost of goods sold, and a decrease in gross profit rate, with gross profit dollars relatively unaffected. The company estimates that its nine week ending January 2, 2016 Enterprise and Domestic comparable sales of 1.2% include approximately 20 basis points of impact from this classification difference. The impact on the gross profit rate at the Enterprise and Domestic levels for the quarter was immaterial. The company believes that providing information regarding this impact of installment billing and an estimate of the company’s comparable sales absent this impact assists investors in understanding the company’s underlying operating performance in relation to prior periods when the mix of installment billing plans was lower.

(4) Enterprise comparable sales for the nine weeks ending January 3, 2015 include revenue from continuing operations in the International segment. Excluding the International segment, Enterprise comparable sales for the nine weeks ending January 3, 2015, excluding the impact of installment billing, would have been 2.6%, or equal to Domestic comparable sales excluding the impact of installment billing, for the same period.

(5) According to The NPD Group’s Weekly Tracking Service as published January 11, 2016, revenue for the CE (Consumer Electronics) industry declined 4.8% during the 9 weeks ended January 2, 2016 compared to the 9 weeks ended January 3, 2015. The CE industry, as defined by The NPD Group, includes TVs, desktop and notebook computers, tablets not including Kindle, digital imaging and other categories. Sales of these products represent approximately 65% of the company’s Domestic revenue. The CE industry, as defined by The NPD Group, does not include mobile phones, appliances, services, gaming, Apple Watch, movies or music.

Forward-Looking and Cautionary Statements:
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that reflect management’s current views and estimates regarding future market conditions, company performance and financial results, business prospects, new strategies, the competitive environment and other events. You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: macro-economic conditions (including fluctuations in housing prices, oil markets and jobless rates), conditions in the industries and categories in which we operate, changes in consumer preferences, changes in consumer confidence, consumer spending and debt levels, online sales levels and trends, average ticket size, the mix of products and services offered for sale in our physical stores and online, credit market changes and constraints, product availability, competitive initiatives of competitors (including pricing actions and promotional activities of competitors), strategic and business decisions of our vendors (including actions that could impact promotional support, product margin and/or supply), the success of new product launches, the impact of pricing investments and promotional activity, weather, natural or man-made disasters, attacks on our data systems, the company’s ability to prevent or react to a disaster recovery situation, changes in law or regulations, changes in tax rates, changes in taxable income in each jurisdiction, tax audit developments and resolution of other discrete tax matters, foreign currency fluctuation, availability of suitable real estate locations, the company’s ability to manage its property portfolio, the impact of labor markets, the company’s ability to retain qualified employees, failure to achieve anticipated expense and cost reductions from operational and restructuring changes, disruptions in our supply chain, the costs of procuring goods the company sells, failure to achieve anticipated revenue and profitability increases from operational and restructuring changes (including investments in our multi-channel capabilities and brand consolidations), inability to secure or maintain favorable vendor terms, failure to accurately predict the duration over which we will incur costs, acquisitions and development of new businesses, divestitures of existing businesses, failure to complete or achieve anticipated benefits of announced transactions, integration challenges relating to new ventures, and our ability to protect information relating to our employees and customers. A further list and description of these risks, uncertainties and other matters can be found in the company’s annual report and other reports filed from time to time with the Securities and Exchange Commission(“SEC”), including, but not limited to, Best Buy’s Report on Form 10-K filed with the SEC on March 31, 2015. Best Buycautions that the foregoing list of important factors is not complete, and any forward-looking statements speak only as of the date they are made, and Best Buy assumes no obligation to update any forward-looking statement that it may make.

Source: Best Buy Co., Inc.

Best Buy Co., Inc.

Investor Contact:
Mollie O’Brien, 612-291-7735

Investor Relations
mollie.obrien@bestbuy.com

or

Media Contacts
Amy von Walter, 612-437-5956

Public Relations
amy.vonwalter@bestbuy.com

or

Jeff Shelman, 612-291-6114
Public Relations
jeffrey.shelman@bestbuy.com

FoodMaxx: Califia Farms Almondmilk is being voluntarily withdrawn

Product Withdrawal: Califia Farms Almondmilk

Modesto, CA, 2016-Jan-18 — /EPR Retail News/ — The following Califia Farms product is being voluntarily withdrawn due to a natural separation, which in some cases has resulted in coagulation. While the texture is not what consumers expect of the product, it is completely safe to drink.

Item Description Pack Size Item # Lot Code UPC
Califia Almondmilk Original
Califia Almondmilk Vanilla

Califia Coconut Almondmilk
Califia Almondmilk Unsweetened

48 oz 6-pk
48 oz 6-pk

48 oz 6-pk
48 oz 6-pk

602063
602060

602061
602075

21105252
21105248
21105250
21105251
21105201
21105171
21105239
85290900329
85290900328

85290900342
85290900369

Customers who have additional questions about the withdrawal may contact Save Mart Consumer Relations at (800) 692-5710 or Califia Farms Customer Service at (626) 204-0830, extension 10.

SOURCE: FoodMaxx

Debenhams CEO Michael Sharp: We have traded well in the first 19 weeks of the financial year with a strong performance over peak resulting in a record Christmas

LONDON, 2016-Jan-18 — /EPR Retail News/ — Debenhams plc, the leading international, multi-channel brand, today announces its trading update for the 19 weeks to 9th January 2016.

Financial Highlights
• Group gross transaction value +2.5%
• Group like-for-like sales +3.5% in constant currency; +1.9% as reported
• Online sales +12.1%; click & collect penetration has risen to 31%
• Gross margin within FY16 guidance of +0 to +50bps
• Strong performance in the 7 week Christmas period to 9th January:
– LFL sales +3.7% in constant currency, two year growth of +7.1%; +1.8% as reported
– Online sales +15.4%, +26% over two years

Operational Highlights
• Further progress on strategic priorities set out at the Prelims in October 2015 delivered a strong trading performance, with the Christmas week achieving record sales
• Less discounting and a lower level of promotional activity led to full price sales growth of 5%, supported by planned reduction in stock levels across clothing, particularly in weather-sensitive categories
• Black Friday, which falls within our existing promotional calendar, traded successfully and profitably with good year on year growth both in stores and online
• Continuing service improvements delivered a further uplift in online performance over peak, with click & collect penetration peaking at 46% in the pre-Christmas period and strong growth in premium delivery services
• As planned, five new stores opened between September and November 2015: in Bradford, Wandsworth, Rugby, Beverley and Newport
• Internationally, Debenhams performed in line with expectations, with Magasin du Nord in Denmark delivering a record Christmas and further strong momentum in constant currency

Michael Sharp, Chief Executive of Debenhams, said:
“We have traded well in the first 19 weeks of the financial year with a strong performance over peak resulting in a record Christmas. This performance is evidence that our strategy is working with our customers finding our mix of products and brands both compelling and great value for money. The further improvements to our service proposition and our online presentation have delivered strong multi-channel sales growth, building on the progress we saw last year.
“I would like to thank all our colleagues for their continued hard work and support which has ensured that we traded our peak period successfully and with our systems and fulfilment working well. We remain on track to deliver full year profits in line with market expectations.”

Performance in the first half to date
In the 19 week period, Group gross transaction value rose by 2.5%, with like-for-like growth of 3.5% in constant currency, 1.9% as reported.

Further progress on our strategic priorities has supported our performance, delivering a good Black Friday and Christmas trading outcome and full price sales growth across the period of 5%. A planned reduction in outerwear clothing stocks has enabled us to trade a difficult autumn clothing season successfully and we entered the sale period post-Christmas with less stock than in the prior year, in line with our expectation. Strong growth in Beauty has reinforced our market leadership in the premium segment and despite tough comparatives over peak, sales across gift categories have shown good further growth. Non-clothing categories now account for 55% of total revenues, in line with our strategy.

Online sales have delivered continuing positive momentum in the 19 week period, growing 12.1% and with stronger growth over peak. This reflects increasing customer confidence in our service proposition as well as later cut-off times, the extension of endless aisle to improve availability, and more competitive premium delivery charges. We have made further improvements in our online presentation, with mobile orders our fastest-growing channel. As expected, click & collect penetration has continued to increase, growing at 45% year on year and accounting for 31% of online orders in H1 to date.

International sales grew in line with expectations, with Magasin du Nord continuing to deliver good growth and record Christmas trading helped by a recovering Danish economy.

-ENDS-

A conference call for analysts and investors will be held at 8.30am today. To join the call, please dial +44 (0) 20 3427 1912 (UK/Europe) or +1 646 254 3388 (US), PIN 9914197. A recording of the call will be available for seven days on +44 (0) 20 3427 0598 or +1 347 366 9565, PIN  9914197

Enquiries:
Analysts and investors
Debenhams PLC  Matt Smith, Chief Financial Officer
Katharine Wynne, Director of Investor Relations
020 3549 6304

Media
Brunswick Group  Simon Sporborg/Jon Drage
020 7404 5959

Notes to editors
Debenhams is a leading international, multi-channel brand with a proud British heritage which trades out of over 250 stores across 27 countries.  Debenhams gives its customers around the world a unique, differentiated and exclusive mix of own brands, international brands and concessions.

Debenhams has been investing in design for over 20 years through its exclusive Designers at Debenhams portfolio of brands.  Current designers include Abigail Ahern, Jeff Banks, Jasper Conran, Giles Deacon, Sadie Frost and Jemima French, Patrick Grant, Henry Holland, Betty Jackson, Stephen Jones , Ben de Lisi, Todd Lynn,  Julien Macdonald, Savannah Miller, Jenny Packham, Aliza Reger, John Rocha, Ashley Thomas, Justin Thornton and Thea Bragazzi, Eric Van Peterson and Matthew Williamson.

CONTACTS
For more information and high-res lifestyle and cut-out imagery please contact:

Debenhams Press Office
020 3549 6420 / press.office@debenhams.com

SOURCE: Debenhams Retail plc

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Debenhams CEO Michael Sharp: We have traded well in the first 19 weeks of the financial year with a strong performance over peak resulting in a record Christmas

Debenhams CEO Michael Sharp: We have traded well in the first 19 weeks of the financial year with a strong performance over peak resulting in a record Christmas

RioCan’s January 2016 Distribution is 11.75 cents per unit

TORONTO, ONTARIO, 2016-Jan-18 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of January. The distribution will be payable on February 5, 2016 to unitholders of record as atJanuary 29, 2016.

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 www.riocan.com.

Contact Information:
RioCan Real Estate Investment Trust
Christian Green
Director, Investor Relations & Compliance
416-864-6483
www.riocan.com

SOURCE: RioCan Real Estate Investment Trust

USDA’S FSIS: Kayem Foods recalls 22,182 pounds of chicken sausage products due to misbranding

WASHINGTON, 2016-Jan-18 — /EPR Retail News/ — Kayem Foods Inc., a Chelsea, Mass. establishment, is recalling approximately 22,182 pounds of chicken sausage products due to misbranding, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The products bear the incorrect nutritional labeling information and are encased in pork casings, which are not declared on the label and may elicit allergic reactions in those allergic to pork proteins.

The chicken sausage items were produced on Nov. 4, 2015. The following product is subject to recall: [View Labels (PDF Only)]

  • 12-oz. vacuum-packed packages containing “al fresco SWEET APPLE CHICKEN SAUSAGE” bearing identification code “308 BW12 USE/FRZ BY FEB 7, 2016.”

The products subject to recall bear establishment number “EST. P-7839” inside the USDA mark of inspection. These items were shipped to retail locations nationwide.

The problem was discovered after the firm received consumer complaints that the product listed nutritional information for a different product, “al fresco Apple Maple Breakfast” sausages.

There have been no confirmed reports of adverse reactions due to consumption of this product. Anyone concerned about an injury or illness should contact a healthcare provider.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers.

Consumers with questions about the recall can contact Brenda Navaroli, Customer Service Manager, at 1-(800) 426-6100. Media with questions about the recall can contact Molly Kravitz, Public Relations Manager, at (617) 421-5431.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from l0 a.m. to 4 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Congressional and Public Affairs
Katherine Scheidt
(202) 720-9113

Bonmarché now a Full Member of the Ethical Trading Initiative (ETI)

Wakefield, England, 2016-Jan-18 — /EPR Retail News/ — Bonmarché joined the Ethical Trading Initiative (ETI) as a Foundation Stage Member in July 2013 and has now been confirmed as a Full Member.

The ETI promotes respect for workers’ rights around the globe.

Full membership was granted because of Bonmarché’s commitment to ethical practice within its core business, for supporting suppliers to improve working conditions and for the company’s collaboration with other brands seeking to drive positive change in the work environment.

Speaking about this achievement, Wiebke Flach, ETI Head of Membership said, “When companies join ETI they are effectively making a statement that they are serious about ethical trade and that they want to be part of a leading community of socially conscious brands. Since it joined us, Bonmarché has engaged fully with working groups. By awarding full membership we recognise their clear commitment to ethical trade and to driving year-on-year improvements to working conditions.”

Ian Leader, Quality and Sourcing Manager at Bonmarché said, “This is an important milestone of recognition in how we operate as a business. Bonmarché takes great pride in ensuring our products are safe for customers and manufactured under safe, fair and humane working conditions. We look forward to working with the organisation to fulfil the commitments that ETI membership entails.”

– Ends –

For further information regarding Bonmarché, please call:

FTI Consulting – Communications adviser
Jonathon Brill, Josephine Corbett
+44 (0)20 3727 1109

Notes to Editors:
Bonmarché is one of the UK’s largest women’s value retailers, focused on selling stylish, affordable, premium quality clothing and accessories in a wide range of sizes for women over 50 years old, via its own store portfolio, website, mail order catalogues and through the Ideal World TV shopping channel. Established in 1982, Bonmarché has more than 30 years of experience in this growing market segment, operating across the UK.

About the ETI:
The ETI is an alliance of companies, trade unions and voluntary organisations with a commitment to ethical trade, who adopt the ETI base code, widely acknowledged as a model code of labour practice derived from the Conventions of the International Labour Organisation (ILO) that they expect all their suppliers to work towards. Since 1998, the ETI has been working in partnership with its members to improve the lives of workers in global supply chains. In addition to adopting the base code, members of the ETI must also agree to adopt the ETI’s Principles of Implementation.

Sports Direct now owns 2.34% in Dick’s Sporting Goods Inc and 11.52% in Iconix Brand Group Inc

Shirebrook, UK, 2016-Jan-18 — /EPR Retail News/ — Sports Direct International plc (“Sports Direct” or “the Company”) is pleased to announce that consistent with its long standing strategy of taking strategic stakes it now holds the following indirect economic interests through contracts for difference:

  • 5,573,570 shares in Iconix Brand Group Inc, representing 11.52% of the issued common stock of that company; and
  •  2,112,028 shares in Dick’s Sporting Goods Inc, representing 2.34% of the issued common stock of that company.

The main rationale for these stakes is to allow Sports Direct to hopefully build a relationship and develop commercial partnerships with the relevant parties. They also help the Company to build relationships with key suppliers and brands. 

Ends. 

Sports Direct International plc
Dave Forsey, Chief Executive
Matt Pearson, Acting Chief Financial Officer
T: 0344 245 9200

Powerscourt
Rory Godson
Peter Ogden
Lisa Kavanagh
T: 020 7250 1446 

This information is provided by RNS
The company news service from the London Stock Exchange

Leo Lionni’s children books featured as part of Kohl’s Cares collection

100 percent of net profit will support children’s health initiatives nationwide

MENOMONEE FALLS, Wis., 2016-Jan-18 — /EPR Retail News/ — This spring, Kohl’s (NYSE: KSS) will offer customers awardwinning children’s books from renowned author/illustrator Leo Lionni as part of the Kohl’s Cares collection. The playful and artistic story books and complementing accessories are priced at just $5 each, with 100 percent of net profit benefiting children’s health initiatives nationwide. The Kohl’s Cares collection is available at all Kohl’s stores nationwide and on Kohls.com now through early April.

Books and accessories featured in the Kohl’s Cares collection this spring include:

  • Frederick book and mouse soft toy
  • A Color of His Own book and chameleon soft toy
  • It’s Mine! book and frog soft toy
  • Cornelius book and crocodile soft toy
  • Swimmy book
  • Tote bag
  • 101 Kids Activities book

To date, Kohl’s has raised more than $274 million through the Kohl’s Cares merchandise program. To reinforce the company’s commitment to children’s health, Kohl’s has donated financial support to more than 160 hospitals across the country. The donations fund customized hospital outreach programs focused on children’s health initiatives and address the specific issues needed most in each hospital’s community. These tailored programs provide vital resources, training and education to families at no cost and include topics such as injury prevention, asthma awareness, dental care, and fitness. A complete list of hospital partners is available online.

About Kohl’s Kohl’s (NYSE: KSS) is a leading specialty department store with 1,166 stores in 49 states. With a commitment to inspiring and empowering families to lead fulfilled lives, the company offers amazing national and exclusive brands, incredible savings and inspiring shopping experiences in-store, online at Kohls.com and via mobile devices. Committed to its communities, Kohl’s has raised more than $274 million for children’s initiatives nationwide through its Kohl’s Cares® cause merchandise program, which operates under Kohl’s Cares, LLC, a wholly-owned subsidiary of Kohl’s Department Stores, Inc. For additional information about Kohl’s philanthropic and environmental initiatives, visit www.Kohls.com/Cares. For a list of store locations and information, or for the added convenience of shopping online, visit www.Kohls.com.

Connect with Kohl’s:
Facebook (http://www.facebook.com/Kohls) Twitter (http://twitter.com/Kohls) Google+ (http://plus.google.com/+Kohls) Pinterest (http://pinterest.com/Kohls) Instagram (http://instagram.com/Kohls) YouTube (http://www.youtube.com/kohls)

Contact: Ale DesJean, 262.703.2985 or Ale.DesJean@Kohls.com
Lyra O’Brien, 262.703.5186 or Lyra.OBrien@Kohls.com

SOURCE: Kohl’s

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Leo Lionni's children books featured as part of Kohl’s Cares collection

Leo Lionni’s children books featured as part of Kohl’s Cares collection

Weis Markets’ remodeled store on Crawford Drive in Bethlehem opens

Sunbury, Pennsylvania, 2016-Jan-18 — /EPR Retail News/ — Weis Markets celebrated the Grand Reopening of its remodeled store on Crawford Drive in Bethlehem, Thursday, January 14

The store has all new décor as well as a new organic and natural department. The remodel also includes an expanded floral department and a new gourmet cheese section.

A 30-seat beer café with more than 900 varieties of local crafts and imports opened in November. Customers can create their own six packs and beer can be purchased for takeout or on site consumption. The store also offers online shopping available at weismarkets.com/onlineshopping. Customers can order groceries online and pick up them up at the store in as little as four hours.

At the Grand Reopening celebration, the store made $1500 in donations to three local organizations: the Hanover Township Community Center, Hanover Township Volunteer Fire Company and the Colonial Regional Police Department. The company also announced a $20,500 donation to the Pennsylvania Breast Cancer Coalition, made possible through sales of its Weis Quality Strawberry Cheesecake Ice Cream and specially marked pink bottles of Weis Quality Spring Water.

SOURCE: Weis Markets

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Weis Markets' remodeled store on Crawford Drive in Bethlehem opens

Weis Markets’ remodeled store on Crawford Drive in Bethlehem opens

MANGO presents Tribal Spirit with Kendall Jenner

  • This is the first advertising campaign following the launch of its Fast Fashion concept
  • Kendall Jenner poses for a collection of ethnic influences and natural fabrics

Barcelona, 2016-Jan-18 — /EPR Retail News/ — MANGO presents Tribal Spirit, the first of four trends to be showcased in advertising campaigns this spring-summer 2016. The brand reveals the news just days after announcing a new company strategy based on fast fashion and the launch of a different advertising campaign every month, featuring the trend of the moment together with the face that best defines it. On this occasion the firm counted on the famous American model Kendall Jenner to model a collection of uncontained beauty and cultural fusion, typical of the wildest savannah.

Tribal Spirit is the ethnic-inspired trend for February. The combination of printed fabrics and suede enlivens the natural character of a regular trend during the summer season. An explosion of earth tones, with colours such as mustard, browns, camel and sand are combined with an abundance of accessories to produce outfits of a tribal and free-spirited influence.

On the collection and her latest assignment Kendall said: “I am delighted to have been chosen to present the Tribal Spirit part of the collection. I love wearing the designs, fabrics and shapes – they really speak of the allure of nature which I know this collection was inspired by. The shots we created on set reflect the natural undertones of the collection while showing really beautiful, striking pieces! It was a great shoot and working with the entire Mango team was an amazing experience!”

A regular on the top catwalks of the fashion world, Kendall has modelled for top brands including Chanel, Bottega Veneta, Fendi and Givenchy, among many others. In late 2015, she was named the most influential girl in the world, alongside her sister Kylie, by Time magazine.

The campaign, produced in early December, was shot in some famous photographic studios in London. The shoot also counted on Lucia Pieroni and Paul Hanlon for make-up and hair, respectively.

The campaign will be visible on the streets and on the brand’s various advertising platforms from 1 February.

CONTACTS
PR INTERNATIONAL
PR
Spain
press@mango.com
T. +34 938 602 222

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MANGO presents Tribal Spirit with Kendall Jenner

Kendall Jenner – Tribal Spirit

Office Depot Big Print Sale Jan. 17-30, 2016

Two-day Flash Sale on All HP Ink and Toner at Buy One, Get One for 50 Percent Off in Stores and Online Jan. 24-25

BOCA RATON, Fla., 2016-Jan-18 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced a Big Print Sale Jan. 17-30 where shoppers can get back to business while saving on all their printing-related needs for their home or workplace. The Big Print Sale also includes a two-day flash sale on HP ink and toner from Sunday, Jan. 24 through Monday, Jan. 25.

Great gear inspires great work, and for two days only all HP ink and toner is buy one get one for 50 percent off1 at Office Depot and OfficeMax retail locations and online. Customers can mix and match HP ink and toner of equal or lesser value within each product category for great savings.

Members of the Office Depot® OfficeMax® Rewards program, which is free to join, also receive 10 percent back in rewards2 for purchases of products they use most such as ink, toner and paper.

Featured Big Print Sale highlights:

(Valid Jan. 17- 23)

  • Get $6 back in Office Depot® OfficeMax® Recycling Rewards per recycled cartridge when you buy $59 of HP Ink (Limit 3)3
  • 50% off HP Officejet Pro 8610 Printer: $99.99 (reg. price of $199.99 for $100 in savings)
  • Boise X-9 Paper: $19.99 each when you buy 2 (reg. price of $53.99 each for $68 in savings when you buy 2)
  • Tax Bundle: Buy any tax software such as TurboTax® Home & Business ($15 instant savings) $84.99 or TurboTax® Premier for $74.99 ($15 instant savings) and get copies, shredding, tech services and more free – a $100 value. Details at officedepot.com/taxbundle (valid through Feb. 20).

(Valid Jan. 24 – 30)

  • Boise Polaris Premium Multipurpose Ream Paper: $3 (after $5.99 instant & $3 mail-in savings; in-store price: $6)
  • All HP Photo and Presentation Paper: Buy one, get one free (reg. price: $7.29 – $62.99 each)
  • Epson Workforce WF-3620 Printer: $89.99 (reg. price: $169.99 for $80 in savings)
  • Free labeler with purchase of any Brother printer (reg. price: $24.99 for $24.99 in savings)

For more information about the Office Depot® OfficeMax® Rewards program, Big Print Sale and two-day flash sale or to find an Office Depot or OfficeMax location near you, please visit officedepot.com.

About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $16 billion, employs approximately 56,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

1 Multipacks count as one. Limit two offers per household/business.

2 Excludes Denver and Nashville market areas. Visit officedepot.com/rewardstores for details.

3 Triple Recycling Rewards: Valid in-store only. Cannot be combined with other Bonus Reward offers on the same or similar products and services. Allow up to 5 weeks for bonus Rewards to post to your account. Recycling Rewards: $10 minimum monthly purchase required, excluding tax, delivery fees, purchases of all gift and prepaid gift cards, postage stamps, and purchases made with Office Depot® OfficeMax® Rewards and Merchandise Cards/Certificates. We do not accept damaged cartridges.

Office Depot, Inc.
Julianne Embry, 561-438-1451
julianne.embry@officedepot.com

ICSC on 2015 holiday season: Physical stores drove sales with 91 percent of consumers choosing brick and mortar retailers this season

  • Holiday shoppers spent a total of $754 this holiday season; 73 percent spent the same or more than last year.
  • Thirty-two percent of shoppers utilized click and collect, making the purchase online, but picking it up in a physical store.
  • 76 percent bought additional items in the same or an adjacent store.

NEW YORK, 2016-Jan-18 — /EPR Retail News/ — The International Council of Shopping Centers (ICSC) released its Holiday Consumer Purchasing Trends study today, providing insight into shopping behavior during the 2015 holiday season. Physical stores drove sales with 91 percent of consumers choosing brick and mortar retailers this season. The strength in brick and mortar is largely due to the technological advancements on the part of retailers and the savviness of consumers.

“Looking back at the holiday season, the major trend that emerged is the prevalence of the omni-channel consumer and the resulting convergence among brick and mortar and digital retail,” said Tom McGee, president and CEO of ICSC. “The story of bricks vs. clicks is an old one. The story is now one of a shopper getting the best of both worlds, using online research and capabilities to inform physical purchases. The American consumer has sent a clear message that the physical store remains at the epicenter of the shopping experience.”

Additional Findings from the ICSC Holiday Consumer Purchasing Trends Study:

Holiday Shoppers Spent More; Vast Majority Visited a Physical Store, Citing Touching Merchandise and Convenience as Key Benefits

  • Consumers continued to show resiliency this season, as 40 percent of shoppers say they spent more this season than in 2014, with 33 percent spending the same this season. Only 23 percent said they spent less than last year.
  • 198 million American adults made holiday purchases at a physical store this holiday season (Nov. 1 – Dec. 25).
  • Seeing, touching, and trying on merchandise was cited the number one reason to shop in store (32%), followed by the ability to browse (26%), and the ability to get the item right away (24%).
  • Shoppers also embrace the ease of returning and exchanging products in store, with 20 percent of shoppers electing to shop in-store because of this advantage.

A Savvier Consumer Uses Mobile and Click and Collect; Boosting In-Store Sales

  • Sixty percent of holiday shoppers used their mobile device while shopping in-store to do such things as compare prices, check availability and view reviews/ratings.
  • Fifty-six percent of holiday shoppers researched products before they even entered the store, noting they arrived better informed and ready to purchase.
  • Nearly one-third (32%) of holiday shoppers used the click and collect method –with 69 percent of these shoppers purchasing additional items in the store of collection and 36 percent making an another purchase in an adjacent store.

Gift Cards, Apparel, and Electronics Leading Gift Categories this Holiday Season 

  • On average, 62 percent of holiday shoppers spent on gift cards, with an average spend of $145. Fifty percent of all consumers received a gift card this season. Of those that received a gift card, February or later (43%) is the most likely time for them to redeem it, followed by January (39%) and the last week of December (18%).
  • Forty-eight percent of holiday shoppers made a purchase in the apparel/footwear and electronics/devices categories this holiday season.

About the ICSC Holiday Consumer Purchasing Trends Study

Methodology

The 2015 ICSC Holiday Consumer Purchasing Trends Study was conducted online by Opinion Research Corporation on behalf of ICSC from December 28-30, 2015. The survey represents a demographically representative U.S. sample of 1,014 adults 18 years of age and older.

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About ICSC
Founded in 1957, ICSC is the global trade association of the shopping center industry. Its more than 70,000 members in over 100 countries include shopping center owners, developers, managers, investors, retailers, brokers, academics, and public officials. The shopping center industry is essential to economic development and opportunity. They are a significant job creator, driver of GDP, and critical revenue source for the communities they serve through the generation of sales taxes and the payment of property taxes. These taxes fund important municipal services like firefighters, police officers, school services, and infrastructure like roadways and parks. Shopping centers aren’t only fiscal engines however; they are integral to the social fabric of their communities by providing a central place to congregate with friends and family, discuss community matters, and participate in and encourage philanthropic endeavors. For more information about ICSC visit www.icsc.org and for the latest news from ICSC and the industry go to www.thecenterofshopping.com.

Jesse Tron
Vice President, Communications
jtron@icsc.org
646-728-3814

SOURCE: International Council of Shopping Centers

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ICSC on 2015 holiday season: Physical stores drove sales with 91 percent of consumers choosing brick and mortar retailers this season

ICSC on 2015 holiday season: Physical stores drove sales with 91 percent of consumers choosing brick and mortar retailers this season