Lagardère Travel Retail given “Most Helpful Company” award in the category of retail shops at the HKIA’s “Give Me 5 in the Airport” Award Presentation

HONG KONG, 2016-Jan-20 — /EPR Retail News/ — At the “Give Me 5 in the Airport” Award Presentation held by Hong Kong International Airport (HKIA), Lagardère Travel Retail was presented the “Most Helpful Company” award in the category of retail shops.

Lagardère Travel Retail receiving ‘The Most Helpful Company’ award at the ‘Give Me 5′ Courtesy Campaign organised by HKIA. This is made to retailers following recommendations by passengers for the most helpful staff and service in the airport.

“Give Me 5 in the Airport” campaign is a 3-week service appreciation activity held by HKIA. It aims at recognizing excellent customer service delivered by corporate or individuals by inviting passenger to vote for their excellent service.

Mr Louis Dambrine, General Manager, Lagardère Travel Retail said after receiving the award on stage, “”Give Me 5” Courtesy Campaign is an annual customer service event organised by HKIA. It is to further strengthen customer service excellence within the airport community to passengers. It invites passengers to vote for the most helpful staff & service in HKIA. Once again, it has proven our continuous outstanding customer services are well recognised by passengers and I like to thank the team. Keep up with the good work and I feel really proud of you.”

SOURCE: Lagardère Travel Retail

 

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Left to right: Cissy Chan Executive Director, Commercial, Airport Authority Hong Kong and Louis Dambrine, General Manager, Lagardère Travel Retail on stage giving a hearty 5

Left to right: Cissy Chan Executive Director, Commercial, Airport Authority Hong Kong and Louis Dambrine, General Manager, Lagardère Travel Retail on stage giving a hearty 5

Co-op opens new food store in Huntington

Manchester, England, 2016-Jan-20 — /EPR Retail News/ — Pupils from Littleton Green Community School, Staffordshire Fire and Rescue Service’s Community Safety Officers, Local Councillors and an up-and-coming pop group shared top-billing in Huntington this week at the launch the Co-op’s new food store in Stafford Road.

The Co-op is investing to transform and grow its convenience business and opened its first new store of the year with a £650,000 development in Huntington, creating more than 20 new retail roles.

The new Co-op store opens between 7am – 10pm daily and features a focus on fresh, healthy foods, meal ideas and essentials. The store also includes an in-store bakery, ATM, a Costa coffee dispenser and dedicated car parking.

Among the guests of honour marking the launch of the new store were rising girl band, CherryBomb. The singers – who are inspired by acts such as Atomic Kitten and Ed Sheeran – have supported artists including Rough Copy and Gareth Gates and include the 21 year-old daughter of the Co-op’s store manager, Carol Battersby, in its line-up.

The store also launches a Community Pioneer role where a member of the food store team, Ash Roberts, will also work to foster involvement in community activities, from local fundraising initiatives to helping to understand and develop solutions to meet community needs. Including support for the British Red Cross, The Co-op’s new charity partnership which will help to tackle social isolation and loneliness in local communities.

Carol Battersby, Manager of the Co-op’s new store, said:

“We are delighted to have had the opportunity to make such a significant investment in Huntington, the Co-op is investing to transform and grow its convenience business and to launch its first new store of the year is extra special.

“We are thrilled that the Fire Service, the local school, Councillors and, my daughter’s band could join us to share in our special day. We are confident that the new store will be a real asset to the community, enabling shoppers to pick up delicious food conveniently and, as a community retailer and a co-operative, it will play its part in local life too.”

There are offers and promotions in and around the store to mark its launch. Students – who hold a NUS extra card – receive a 10% discount off their groceries in store. And, The Co-op has also announced a £125M investment in lowering the price of everyday essentials – a move which has seen it prune the price of over 100 lines of fresh fruit and vegetables including revolving offers on popular fresh produce, called “fresh three”.

Further information

Andrew Torr
The Co-op Press Office
Tel: 07702 505551
Email: andrew.torr@co-operative.coop

SOURCE: Co-operative Group Limited

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Co-op opens new food store in Huntington

Co-op opens new food store in Huntington

The National Retail Federation announces new members to its Board of Directors

Washington, DC, 2016-Jan-20 — /EPR Retail News/ — The National Retail Federation today announced the addition of five retail company executives and a state retail association president to its Board of Directors.

“These new board members are thought leaders with decades of experience in every aspect of the retail industry,” NRF President and CEO Matthew Shay said. “They will be invaluable assets in guiding NRF as we advocate on behalf of retailers everywhere.”

The new board members, who were elected Sunday at NRF’s Retail’s BIG Show annual convention in New York, include:

  • B.J.’s Wholesale Club President, CEO and Director Christopher Baldwin
  • J.C. Penney CEO Marvin Ellison
  • Disney Consumer Products Executive Vice President of Disney Retail Paul Gainer
  • Kentucky Retail Federation President Tod Griffin
  • Saks Fifth Avenue President Marc Metrick
  • STORY Founder and CEO Rachel Shechtman

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Kathy Grannis Allen

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

 

NRF announces Emma Jumper as its top recipient of its 2016 Next Generation Scholarship

New York, 2016-Jan-20 — /EPR Retail News/ —  The National Retail Federation announced today that Emma Jumper, a senior at Mississippi State University is the top recipient of its 2016 Next Generation Scholarship. Jumper, one of five finalists, was awarded a $25,000 scholarship at the NRF Foundation’s second annual Gala in New York City. Jumper will receive her bachelor’s degree in corporate finance this December.

NRF Foundation’s Next Generation Scholarship recipients, each a member of the NRF Student Association, are:

  • Ashley Biscan, magazine journalism, University of Georgia $10,000
  • Grace Dusek, marketing, Texas A&M University $10,000
  • Emma Jumper, corporate finance, Mississippi State University $25,000
  • Macaira O’Connell, apparel merchandising, Indiana University $10,000
  • Rachel Weinstein, retailing and consumer sciences, The University of Arizona $10,000

“The NRF Foundation created the Next Generation Scholarship to recognize students who will have a long lasting impact on retail,” said HSNi CEO and NRF Foundation Chair Mindy Grossman. “I am so impressed by the caliber of our finalists this year. They truly stood out as talented, driven and passionate students who are going to do amazing things.”

After two rounds of judging, a panel of retail executives gathered in New York on Thursday to interview the finalists and determine which outstanding student would be named the 2016 Next Generation Scholarship top recipient. The results were announced by Grossman before a crowd of more than 700 retail executives, students and other industry partners at the Gala, which as of early January had raised more than $1.5 million to benefit the NRF Foundation’s initiatives.

Also on stage at the Gala, the NRF Foundation named Nichole Fallis, McKenzie Hibler, Ashley Nudge, and Katelyn Patrick from University of North Texas as the top team in the Student Challenge competition; each was awarded a $5,000 scholarship. The NRF Foundation Student Challenge, sponsored by KPMG LLP and open to Student Association members, is a business-case competition for students to highlight their creativity and business knowledge to retail executives. A KPMG mentor was assigned to guide each team as they prepared a business plan and pitch video to convince their selected retailer to bring their product idea to market.

Finalists of the competition were each awarded a travel scholarship to NRF’s Student Program in New York. Students from Columbia College Chicago were named the second place team and awarded $2,500 scholarships; the third place team, students from Florida State University, were awarded $1,500 scholarships.

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

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. nrf.com

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Treacy Reynolds
press@nrf.com
(855) NRF-Press

SOURCE: National Retail Federation

NACS launches new online resource for everything fuels-related: the Fuels Resource Center

​ALEXANDRIA, Va., 2016-Jan-20 — /EPR Retail News/ — The convenience and fuel retailing industry sells 80% of the fuels purchased in the United States at approximately 128,000 convenience stores—that’s about 40 million fill-ups a day. As the voice of the industry in the fuels arena, NACS created the Fuels Resource Center to encompass research, news and data for the novice consumer to the knowledgeable retailer on all things fuels—from gasoline and diesel to alternative fuels.

“This online research communicates our industry’s expertise, historical insights, analyses and news within the U.S. convenience and fuels retailing landscape. The continually updated Fuels Resource Center is a go-to site for retailers, the media and consumers,” said Jeff Lenard, NACS vice president of strategic industry initiatives. “Since the first filling station opened to consumers in the early 1900s, to today’s growth in alternatives such as electric and hydrogen, our industry has been on the forefront of retail fueling innovations and information. The Fuels Resource Center houses all of this knowledge in a one-stop, easy-to-use online hub.”

The Fuels Resource Center is designed to help educate the NACS audience and general public on retail fueling by serving as the go-to resource for fuels-related information, which is categorized into four areas:

  • Basics: General and historical information on retail fueling
  • Petroleum: The scoop on the leading energy source for today’s vehicles
  • Alternative Fuels: What’s new and what’s on the horizon in renewable fuels
  • Operations: Trending topics and regulatory information for convenience store operators

The Center also incorporates research and analysis from the Fuels Institute, which was founded by NACS in 2013 as a venue for all transportation industry stakeholders to come together and share ideas without a pre-determined agenda or outcome.

“Together, NACS and the work of the Fuels Institute is enhancing the education, awareness and regulatory issues that impact retailing fueling operations,” said John Eichberger, executive director of the Fuels Institute. “By bringing all our of research and knowledge into one centralized online location, we will continue amplifying the important role convenience stores have in the current retail fueling space and innovations being developed throughout the entire transportation market.”

As the Fuels Resource Center continues to evolve, NACS will bring fuels information to its audience with easy to find, engaging and approachable content. Be on the lookout for the 2016 NACS Consumer Fuels Report, launching in early March.

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

SOURCE: NACS

Intershop to exhibit at Webwinkel Vakdagen, 20-21 January at Jaarbeurs Utrecht

  • Jaarbeurs Utrecht, Hall 1, Stand T08, 20-21 January 2016

Utrecht, Netherlands, 2016-Jan-20 — /EPR Retail News/ — Intershop will once again exhibit at Webwinkel Vakdagen, the Netherlands’ premier e-commerce event, which takes place from 20-21 January at Jaarbeurs Utrecht. Intershop will have a joint stand – Stand T08 in Hall 1 – with its partners, enterprise cloud computing provider Carrenza, product information management specialist inRiver, and experience driven commerce integrator Fenego.

Online consumer spending has increased rapidly over the last few years. For many retailers, online will be at the core of their growth strategy for years to come, with a growing focus on putting the customer at the centre of all business activities. Intershop and its partners will demonstrate how true customer centricity can be achieved, based on an industry-leading technology base and their joint expertise built on over 20 years of customer centric business collaboration.

In its tenth year, Webwinkel Vakdagen is the premier tradeshow in the Benelux region to specifically focus on e-commerce. This year’s key conference topics include customer experience, retention, cross-border commerce, and omnichannel.

For more information, visit http://www.intershop.com/event-details/WWVD_2016_EN.

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Bosch, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Intershop Public Relations

Heide Rausch

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
E-Mail

SOURCE: Intershop Communications AG

Toys“R”Us celebrates the opening of its 100th store in China

The World’s Leading Dedicated Toy and Baby Products Retailer Strengthens Its Brand Presence and Position in Growth Market; Company Celebrates Milestone Achievement with Grand Opening of New Store in Beijing, Featuring the Latest Technology, Interactive Displays and the Hottest Toys, Making Toys“R”Us THE Toy Destination in the Capital

BEIJING, CHINA, 2016-Jan-20 — /EPR Retail News/ — Ten years after first entering the market, Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, today announced that the company has opened its 100th store in China. The milestone achievement was marked by a grand opening celebration event that took place Saturday, January 16, at the APM Shopping Mall in Wang Fu Jing, one of the leading retail districts in Beijing, where Toys“R”Us®opened one of its 27 new stores across the country within the past year.

“It’s our mission to be the best toy and baby products retail company in the world, and international expansion, particularly throughout China and Southeast Asia, continues to be an important part of our long-term growth strategy,” said Dave Brandon, Chairman and CEO, Toys“R”Us, Inc. “The opening of the 100th store in China represents a significant achievement for our business as it allows us to meet the increasing demand for high-quality children’s products and family entertainment experiences in this market.”

Toys“R”Us opened its first store in China in 2006 and currently operates in 44 cities throughout the country, including six where the company established a presence for the first time last year. China has been one of the most important markets for the company’s global expansion plans, and growth in this region is expected to continue with the planned opening of more than 30 new Toys“R”Us stores in 2016.

“The grand opening of our 100th store is a major milestone for Toys“R”Us on our exciting journey in China,” said Andre Javes, Managing Director, Toys“R”Us, Greater China and Southeast Asia. “What differentiates Toys“R”Us as a specialty toy retailer is the memorable shopping experience we provide for our customers. This includes a combination of the widest assortment of toys and baby products, including exclusive items not available anywhere else in the market, fun store layouts, interactive in-store experiences, product displays and demonstrations, activities and more.”

Attending the iconic 100th store opening ceremony in the heart of the Capital were: Dave Brandon, Chairman and CEO, Toys“R”Us, Inc.; Dr. Victor Fung, Group Chairman, Fung Group; Monika Merz, President, Toys“R”Us, Asia Pacific; Pieter Schats, Executive Director of Fung Retailing Ltd; and Andre Javes, Managing Director, Toys“R”Us, Greater China and Southeast Asia, along with many important business partners and executives from the toy industry.

As part of the grand opening, families were also invited to meet and greet popular mascots such as Geoffrey the Giraffe, Ultraman, Barbie, Ninjago Kai, Balala Emma and more.

Toys“R”Us at Beijing APM Shopping Mall Features Innovative Retail Environment
The new store showcases the very latest in “retailtainment,” digital technology and customer interaction, making shopping at Toys“R”Us a unique and fun experience for kids and adults alike.

Upon entering the store, customers are immediately immersed into the world of Star Wars: The Force Awakens – the first-ever Star Wars movie released on the big screen in Chinese theaters – with life-size characters and dramatic scenes from the movie. Shoppers will also find interactive displays from LEGO® and TOMICA, a Balala magical mirror and more.

Customers can further interact with the huge, 70-inch digital screen at the store entrance, enabling them to browse through promotional items, make purchases, take “selfies” with special photo frames, play games and easily become members of the company’s “Star Card” loyalty program.

The Toys“R”Us store at Beijing APM also brings amazing exclusive products and assortments, which are not available anywhere else in the market. These private brands offer great value, quality and innovation from the Toys“R”Us brand consumers know and trust, and include FastLane®, Dream Dazzlers®, Universe of Imagination, Pavilion®, Just Like Home®, Edu Science®, You & Me, STATs® and Avigo®.

In addition, consumers will find various new features throughout the APM mall, sponsored by Toys“R”Us.

Toys“R”Us in China
Toys“R”Us has been the leading dedicated retailer of toys and baby products around the world for more than 65 years. Toys“R”Us opened its first licensed store in Shanghai, China in 2006, and since then, has continued to expand aggressively in the country. In 2011, Toys“R”Us, Inc. formed a joint venture with its long-term license partner in China and Southeast Asia, Fung Retailing Ltd, for its businesses in the region, with stores in Brunei, China, Hong Kong, Malaysia, Singapore, Taiwan and Thailand, and became 70 percent majority owned and controlled by Toys“R”Us, Inc. and 30 percent owned by Fung Retailing Ltd.

As of January 2016, the company has 100 stores in 44 cities across China, including: Beijing, Shanghai, Shenzhen, Chengdu, Chongqing, Hangzhou, Ningbo, Jiaxing, Jinhua, Shangyu, Nanjing, Suzhou, Nantong, Wuxi, Changzhou, Yancheng, Kunshan, Harbin, Shenyang, Changchun, Dalian, Tianjin, Baoding, Tangshan, Shijiazhuang, Zhengzhou, Jinan, Yantai, Zibo, Qingdao, Hefei, Wuhan, Changsha, Luzhou, Ganzhou, Xi’an, Kunming, Nanning, Guangzhou, Xiamen, Fuzhou, Zhuhai, Jinjiang and Zhongshan.

Enhanced e-Commerce Business and Omnichannel Capabilities in the Chinese Mainland
Toys“R”Us launched a T-mall Store in April 2012 and its own dedicated e-commerce website at Toysrus.com.cn at the end of the same year. Toys“R”Us, China also operates a mobile-optimized website, enabling tech-savvy consumers across the country to easily shop while on-the-go. Additionally, the company uses its “Ship from Store” capabilities to effectively transform the country’s existing Toys“R”Us stores into mini distribution centers by leveraging their inventory to fulfill online purchases.

Now, millions of Mainland customers can access a wide assortment of toys, along with product authenticity and a toy safety guarantee from Toys“R”Us.

Full Range of Toys
Toys“R”Us provides a broad assortment of products from trusted domestic and international brands for children and their parents in China. Stores feature enticing product displays, demonstrations, “see-me touch-me” packaging, and a large number of products that are only available at Toys“R”Us. All products are made to the highest quality standards and have passed all required safety tests.

As a global retailer, Toys“R”Us ensures country-by-country shopping patterns are taken into account at the local market level. Parents in China place great importance on the educational value of toys that help children learn and develop skills while they play. Within its Learning category, Toys“R”Us provides among the most comprehensive and widest selection of educational toys, including many uniquely designed by the company’s in-house team. These toys encourage skill development such as learning languages, mathematics, geography, color-differentiation and coordination.

Digital and New Media Platforms
Digital and new media is a booming business across China, with rapid growth of brands and stores across e-commerce websites and online instant messaging platforms.

Mr. Javes also commented, “Toys“R”Us has 1 million followers in WeChat and continues to grow. WeChat followers have been expanding rapidly within the recent two years and we are seeing more than 80 percent of members join in our “Star Card” Membership Program via this social platform, where they can easily play our WeChat game, get the latest promotional information and explore bonus features, which enhance the fun of digital interaction. Along with the fast development of digital platforms such as mobile internet in China, we will continue to engage and excite our consumer on all their digital devices.”

About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 863 Toys“R”Us and Babies“R”Us® stores in the United States and Puerto Rico, and in more than 755 international stores and more than 250 licensed stores in 38 countries and jurisdictions. In addition, it exclusively operates the legendary FAO Schwarz® brand and sells extraordinary toys at FAO.com. With its strong portfolio of e-commerce sites including Toysrus.com and Babiesrus.com, it provides shoppers with a broad online selection of distinctive toys and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. has an annual workforce of approximately 66,000 employees worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. Additional information about Toys“R”Us, Inc. can be found on Toysrusinc.com.

In Asia, Toys“R”Us currently operates more than 400 stores in Japan, Singapore, Thailand, Malaysia, Hong Kong SAR, Taiwan, Brunei and mainland China, as well as licensed stores in Macau, South Korea and the Philippines.

About Fung Retailing Limited
The retailing businesses of privately-held Fung Retailing Limited extend from Great China to Korea, Singapore, Malaysia, Thailand and the Philippines through a combined network of over 3,000 stores. They include stores operated separately and independently by publicly-listed Convenience Retail Asia Limited (SEHK:00831) and Trinity Limited (SEHK:00891), as well as the privately-held Branded lifestyle Holding Limited, Suhyang Networks Company Limited and UCCAL Fashion Group. Fung Retailing employs over 18,000 staff, and its turnover exceeded US$1.8billion in 2014.

Note to Editors: Privately-held Fung Retailing Limited is totally separate from the publicly-listed company Li & Fung Limited.

Forward-Looking Statements
All statements that are not historical facts in this press release, including statements about our beliefs or expectations, are forward-looking statements. These statements are subject to risks, uncertainties and other factors, including, among others, the seasonality of our business, ability to open new locations in licensed markets and operated markets, competition in the retail industry, changes in our product distribution mix and distribution channels, general economic factors in the United States and other countries in which we conduct our business, consumer spending patterns, birth rates, our ability to implement our strategy including implementing initiatives for season, our ability to recognize cost savings, marketing strategies, the operation of our e-commerce platform, the availability of adequate financing, access to trade credit, changes in consumer preferences, changes in employment legislation, our dependence on key vendors for our merchandise, political and other developments associated with our international operations, costs of goods that we sell, labor costs, transportation costs, domestic and international events affecting the delivery of toys and other products to our stores, product safety issues including product recalls, the existence of adverse litigation, changes in laws that impact our business, our substantial level of indebtedness and related debt-service obligations, restrictions imposed by covenants in our debt agreements and other risks, uncertainties and factors set forth in our reports and documents filed with the Securities and Exchange Commission (which reports and documents should be read in conjunction with this press release). In addition, we typically earn a disproportionate part of our annual operating earnings in the fourth quarter as a result of seasonal buying patterns and these buying patterns are difficult to forecast with certainty. We believe that all forward-looking statements are based on reasonable assumptions when made; however, we caution that it is impossible to predict actual results or outcomes or the effects of risks, uncertainties or other factors on anticipated results or outcomes and that, accordingly, one should not place undue reliance on these statements. Forward-looking statements speak only as of the date they were made, and we undertake no obligation to update these statements in light of subsequent events or developments unless required by the Securities and Exchange Commission’s rules and regulations. Actual results and outcomes may differ materially from anticipated results or outcomes discussed in any forward-looking statement.

# # #

Media Contacts:
Toys“R”Us, Inc.
Elizabeth Gaerlan
973-617-5632
Elizabeth.Gaerlan@toysrus.com

Alyssa Peera
973-617-5634
Alyssa.Peera@toysrus.com

Immochan names Philippe GRACIA as its new Human Resources Director

Following the reorganisation of Groupe Auchan into three independent businesses, Immochan reinforces the Board of Directors. Philippe GRACIA has been appointed HRD in one of Europe’s leading commercial real estate companies.

Croix Cedex, France, 2016-Jan-20 — /EPR Retail News/ — Aged 56 and with a Masters in Human Resources, Philippe Gracia began his career in 1983 at Auchan in Périgueux and then held several positions within the group.

He successively held the positions of department manager, checkout manager, head of human resources at the San Sebastian store, Director of Human Resources for the French Western Region, Director of Human Resources for the France Hypermarkets Division (1996-1998), Auchan Poland’s Human Resources Director (1998-2006), Director of Purchasing and Logistics then CEO of Auchan Poland (2007-2010). He was appointed in Decembre 2010 Director of Human Resources for Groupe Auchan.

As HR Director at Immochan, his particular role will be to support the digital transformation of the company, which after 40 years of existence is beginning a new chapter in its history.

Contact
Groupe Auchan
40, avenue de Flandre – BP 139
59964 Croix Cedex – France

SOURCE: Immochan

CBRE Group announces the appointment of Christopher (Chris) Jenny to its Board of Directors

Los Angeles, CA, 2016-Jan-20 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Christopher (Chris) Jenny has been appointed to its Board of Directors. Mr. Jenny is a Senior Advisor to Parthenon-EY, a leading management and strategy consulting firm.

Mr. Jenny has a long history of advising senior executives on corporate strategy and profit improvement programs. For more than two decades at Parthenon, he advised major corporations, leading private-equity firms and mid-market growth companies. He served as President and Senior Partner at Parthenon from 1995 to August 2014, when the firm merged with Ernst & Young. Earlier in his career, Mr. Jenny was a partner at Bain & Company and had 10 years of operating experience as Chief Executive Officer of portfolio companies for Bain Capital and The Noel Group.

“Chris brings deep and wide-ranging experience to our Board,” said Ray Wirta, CBRE’s Chairman of the Board. “We will benefit greatly from his operational expertise, strategic thinking and financial acumen, and look forward to his contributions.”

Mr. Jenny is one of 11 independent Directors on CBRE’s Board, and will serve on the Board’s Corporate Governance and Nominating Committee.

“CBRE is the leading company in its sector,” Mr. Jenny said. “I look forward to helping the company to build on its strength in the marketplace – and create additional shareholder value – by capitalizing on the depth, breadth and quality of its global services and executing its strategy.”

Mr. Jenny earned a bachelor’s degree from Dartmouth College and a master’s degree from Harvard Business School. He was appointed by President George W. Bush to serve on the President’s Export Council, the nation’s premier advisory committee on international trade.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

Media contact

Robert McGrath
Senior Director, Global Media Relations
email

SOURCE: CBRE

Weingarten Realty Investors announces transactions for the fourth quarter and full year of 2015 and introduces 2016 guidance

HOUSTON, 2016-Jan-20 — /EPR Retail News/ — Weingarten Realty Investors (NYSE: WRI) announced today the transactions for the fourth quarter and full year of 2015. The Company also increased 2015 guidance and introduced 2016 guidance.

Transactional Activity

During the fourth quarter, Weingarten Realty acquired two properties for $33.5 million. The Company acquired Westside Center located in Los Angeles, California, which has incredibly strong demographics including a 3-mile trade area boasting over 320,000 people, average household incomes over $112,000, and over 65% of the population with college degrees. The center is a future redevelopment opportunity directly across from Macerich’s Westside Pavilion. In addition, the Company acquired a property adjacent to its flagship River Oaks shopping center in Houston, Texas, which has average household incomes over $135,000 in a 3-mile trade area. This property will be part of the future redevelopment of the River Oaks shopping center.

During the fourth quarter, the Company sold four properties and other real estate for $33.5 million including Fresh Market Shoppes and Town and Country Center in South Carolina and Oklahoma, respectively. These sales complete the Company’s exit from the each of these states.

For the full year of 2015, WRI acquired eight properties for $267.8 million and sold 15 income producing properties and other real estate for $126.4 million.

Subsequent to year-end, the Company sold Rainbow Plaza in Las Vegas for $65.5 million.

“We are pleased with our 2015 transactions, both our acquisitions and dispositions. Consistent with our previously announced strategy to focus the portfolio, the sales in 2015 resulted in our exiting three states. We are especially proud of our acquisition success. We bought several great redevelopment properties and added strong assets to the portfolio,” said Drew Alexander, President and Chief Executive Officer.

Guidance

The Company is increasing its 2015 full-year Recurring FFO guidance from a range of $2.16 to $2.18 per diluted share to a range of $2.17 to $2.19 per diluted share and Reported FFO guidance from a range of $2.04 to $2.06 to a range of $2.06 to $2.08 per diluted share.

The Company is introducing 2016 guidance as follows:

Initial Full-Year 2016 Guidance
Recurring Funds from Operations per Common Share – diluted $2.27 – $2.31
Reported Funds from Operations per Common Share – diluted $2.26 – $2.31
Same Property NOI increase with redevelopments 3.5% – 4.5%
Same Property NOI increase without redevelopments 2.5% – 3.5%
Dispositions ($000s) $125,000 – $225,000
Acquisitions ($000s) $125,000 – $225,000
Re / New Development investment ($000s) $50,000 – $100,000

As it relates to operations for 2016, Johnny Hendrix, Executive Vice President and Chief Operating Officer, said, “We are expecting another strong year of operations from our portfolio. We are continuing to push rents in all markets and improving the quality of our properties through re-tenanting and redevelopment efforts.”

With respect to our disposition assumptions for 2016, Steve Richter, Executive Vice President and Chief Financial Officer, said, “The markets are currently in some state of flux and it is possible we could take advantage of conditions and choose to be opportunistic with sales that might exceed the above guidance.”

About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2015, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 232 properties which are located in 20 states spanning the country from coast to coast. These properties represent approximately 45.9 million square feet of which our interests in these properties aggregated approximately 28.3 million square feet of leasable area. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com.

Forward-Looking Statements
Statements included herein that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company’s regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company’s performance.

Weingarten Realty Investors
Michelle Wiggs, 713-866-6050

Source: Weingarten Realty Investors

Lagardère Travel Retail renewes Relay concession in Hong Kong International Airport

HONG KONG, 2016-Jan-20 — /EPR Retail News/ — Lagardère Travel Retail has renewed its concession in Hong Kong International Airport for the world leading Relay concept, being awarded 5 stores in the existing and new concourses.

Relay has been a trusted landmark at Hong Kong International Airport with more than a decade in operations and will proudly continue to operate following the latest tender process.

Lagardère Travel Retail will also take the opportunity to launch the brand’s latest global evolution across the Relay brand, rolling out the freshly updated brand logo and store features. Relay will continue to offer to the HKIA traveller the great range of books and magazine that it has become famous for and a good range of other stationery, souvenirs & gifts.

Serving international travellers with everything they will need for their journeys, Relay stores sets itself apart through its attractive design and clear accessible zoning allowing travellers the ease to search and manoeuvre as they travel on their journey and within the different sections of offer.

RELAY offers each and every traveller a tailored selection of Books, Magazine, stationery, souvenirs & gifts to facilitate and enrich the journey. Rely on RELAY: upgrade your journey.

Lagardère Travel Retail is a travel retail expert with more than 1500 Relay stores within more than 120 airports and 700 train stations. The Relay brand is by far the Global Market Leader within this category and continues to evolve to meet the changing needs of passengers worldwide.

This win follows soon after Lagardère Travel Retail was awarded earlier Luxury Fashion and also Souvenir stores, with Kate Spade, Pandora, CK Platinum, and Paul & Shark, as well as 3 Discover Hong Kong stores. This diversification demonstrate the group strength and capability to operate in different business lines and confirms our development strategy with Hong Kong International Airport.

Louis Dambrine, General Manager for Lagardère Travel Retail says: “We value our collaboration with HKIA where we have operated for 10 years. RELAY renewal is a great achievement and we are ready to deliver our commitment in terms of innovative concept and operational excellence.

Since more than 65 million passengers will pass by our new stores every year, special attention has been placed towards creating an inviting shop front, understandable offer, visible display and coupled with an effective cashier system to ensure a seamless experience.

While we continue to operate RELAY, we will be able to re-inforce our partnerships with the airport, the brands and the distributors, supporting our common goal to develop the business to the benefit of the final consumer. We have been continually investing in order to always meet or exceed our promise on service level; the 25 service awards in 2015 alone including “Best Of The Year Customer Service Award” is a testament to our ability to deliver.

Moving forward, we will definitely continue to grow our business, expanding our footprint in Travel Essential as well as in Duty Free & Luxury and Food Service. We thank Hong Kong International Airport for supporting our vision and partnering us on these exciting projects.”

‘It is our pleasure to continue our strong partnership with Lagardère Travel Retail. We look forward to the new Relay stores and new products that will be brought into HKIA”, said Cissy Chan, Executive Director, Commercial of Airport Authority Hong Kong.

ABOUT LAGARDERE TRAVEL RETAIL: With 3,2 billion euros 100% managed sales in 2014 and a presence in 30 countries, 150 airports and 700 train stations in EMEA, North America and ASPAC, Lagardère Travel Retail is a pioneering and leading travel retail player with global reach. Operating stores in travel essentials, duty free and luxury and foodservice, Lagardère Travel Retail offers a complete range of products and services to satisfy each and every traveller all along his journey. Beyond its three businesses expertise, as a multi-specialist assembler, Lagardère Travel Retail creates value-added opportunities in each location.

In Asia Pacific, Lagardère Travel Retail operates over 300 outlets in 16 airports, supported by professional local teams in Australia, New Zealand, New Caledonia, Singapore, Malaysia, Hong Kong, China and India.

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Louis Dambrine, General Manager for Lagardère Travel Retail

Louis Dambrine, General Manager for Lagardère Travel Retail

Jerónimo Martins ranked the 59th largest retailer in the world in the 2016 Global Powers of Retailing ranking

Lisbon, Portugal, 2016-Jan-20 — /EPR Retail News/ — The Jerónimo Martins Group rose three places in the 2016 Global Powers of Retailing ranking and is the 59th largest retailer in the world, according to the study carried out every year by consultancy firm Deloitte and by the American “Stores” magazine.

This study, which is based on 2014 financial information, shows that Jerónimo Martins had a remarkable growth, having jumped 26 places in the last five years.

The renowned global ranking also included the Jerónimo Martins Group in its list of the 50 retailers with the fastest sales growth in the last five years, coming in at 50th place. Since 2009, the Group has had an average revenue aggregate growth (CAGR)* of 12.2% per annum.

This classification is based on various economic indicators, namely on total revenue, the value of the retail business and net profits.

*CAGR – Compound Annual Growth Rate

Media Relations
Rita Fragoso
rita.fragoso@jeronimo-martins.pt
+351-21 752 61 14

SOURCE: Jerónimo Martins

Co-op kicks off 2016 with the launch of two new stores in Huntington (Staffordshire) and Kirkcaldy (Fife)

MANCHESTER, England, 2016-Jan-20 — /EPR Retail News/ — The Co-op team is kicking off 2016 with the launch of two shiny new stores in Huntington (Staffordshire) and Kirkcaldy (Fife). Although over 300 miles apart, the aim both is simple – offer good food, served by friendly people in a format that is easy to shop.

Stuart Hookins, Director of the Portfolio, Acquisitions and Location Planning, comments:
“2015 was a great year for us in terms of the quantity and quality of stores we delivered and this year is going to be even better. By the end of the month we will have opened five new shops, two more than we did in January last year. And we’re starting as we mean to go on – we want to open over 100 stores in 2016, comfortably more than any other UK food retailer. We are in the middle of the biggest new store development program the business has ever seen, so it’s an exciting time for the Food team.”

Pupils from Littleton Green Community School and Staffordshire firefighters attended the opening of the Huntington store, whereas the Kirkcaldy store was opened by 95 year old life-long Co-op shopper, Nellie Gordon (pictured below at the store opening).

SOURCE: Co-operative Group Limited

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Co-op kicks off 2016 with the launch of two new stores in Huntington (Staffordshire) and Kirkcaldy (Fife)

Co-op kicks off 2016 with the launch of two new stores in Huntington (Staffordshire) and Kirkcaldy (Fife)