Sears Holdings to release its fiscal 2015 Q4 and full year financial results on Feb. 25, 2016

HOFFMAN ESTATES, Ill., 2016-Feb-23 — /EPR Retail News/ — Sears Holdings (NASDAQ: SHLD) announced today that it expects to release its financial results for the Company’s fiscal 2015 fourth quarter and full year before the market opens on Thursday, Feb. 25, 2016, and simultaneously post a pre-recorded conference call and audio webcast on its corporate website. It will feature prepared remarks from Robert A. Schriesheim, executive vice president and chief financial officer, who will focus his comments to provide additional context around the quarter.

The pre-recorded conference call may be accessed by telephone at 844.826.0613 or 973.200.3092 (conference ID: 57636392), and on Sears Holdings’ website at http://www.searsholdings.com/invest/ under “Events & Presentations.” The accompanying presentation and transcript will be posted online in conjunction.

About Sears Holdings Corporation
Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve our members – wherever, whenever and however they want to shop. Sears Holdings is home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears and Kmart as well as with other retail partners across categories important to them. The company operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States. For more information, visit www.searsholdings.com.

NEWS MEDIA CONTACT:
Sears Holdings Public Relations
(847) 286-8371

SOURCE Sears Holdings Corporation

Kmart’s Strategic Merchandising Group to actively source extreme-value deals by purchasing the inventory of liquidated companies

HOFFMAN ESTATES, Ill., 2016-Feb-23 — /EPR Retail News/ — With an ongoing vision to make shopping fun again and offer members and customers unique deals, Kmart’s Strategic Merchandising Group announced it is actively sourcing extreme-value deals by purchasing the inventory of liquidated companies and other opportunistic situations.

“The path to making Kmart great again starts with sourcing truly brag-worthy deals,” said Kmart President Alasdair James. “Just as when we brought back Bluelight Specials last year, we continue to find innovative ways to provide our Shop Your Way® members with an extreme value proposition that can only be found at Kmart.”

These purchases provide unique opportunities to obtain outstanding products and offer unbeatable value while providing higher recoveries to sellers in need of inventory monetization. For example, Kmart will soon offer truly brag-worthy deals in-store, at Kmart.com and via the Kmart app on outdoor cookers, smokers, outdoor lighting and hand-held lighting manufactured by The Brinkmann Corporation. Brinkmann was a leading manufacturer of premier products under the Brinkmann, Malibu Lighting and Q-Beam brands. Kmart will soon sell these products as Bluelight Specials and also at closeout prices that are brag-worthy deals.

Kmart offers Bluelight Specials every single day at every single store, online at Kmart.com and via the Kmart app. Members who download the Kmart app can receive real-time push notifications announcing Bluelight Specials exclusive to Kmart.com. As soon as a Bluelight Special is available online, users who opt in for push notifications will receive item details and can make a purchase directly from the app. “The Kmart app is another fantastic way for our Shop Your Way members to be the first to know about a truly brag-worthy deal,” said James.

About Kmart
Kmart is making shopping fun again. The retailer, a subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is bringing back the iconic Bluelight Specials, hosting Freebie Saturdays and in-store family events for its Shop Your Way members and customers. Kmart offers customers thrilling deals and amazing finds on quality products and exclusive brands, including Jaclyn Smith,Joe Boxer, Route 66 and Smart Sense.

NEWS MEDIA CONTACT:
Sears Holdings Public Relations
(847) 286-8371

 

SOURCE Kmart

Starbucks UK raised money to support Send a Cow’s projects in both Rwanda and Ethiopia

LONDON, 2016-Feb-23 — /EPR Retail News/ — Aaron Swift returned from an emotional four-day journey in Rwanda with one goal in mind.

“I wanted to find a way to help Rwandan farmers and educate my peers at the same time,” said Swift, a four-year partner (employee) and shift supervisor at a Starbucks store in Manchester, England.

Swift visited Rwanda in 2014 as part of Starbucks Origin Experience, where select partners travel to coffee-growing regions to gain a greater understanding and appreciation for farmers who grow coffee. Having witnessed a cow-giving ceremony while in the city of Kigali, Swift realized providing a cow was an ideal means of giving back to the farmers.

“A cow means that farmers can invest back into their livelihood and in their community,” said Swift. “They can use milk for drinking and selling, the manure to increase the crop yield, and the animal as collateral for a loan to buy farming materials.”

700 Starbucks Stores Raise £40,000

After searching for the ideal charity to help with this endeavor, Swift and fellow partners selected Send a Cow, which works in seven African countries to provide training, tools, seeds and livestock to help those in need lift themselves out of poverty. With the organization in place, Swift invited Starbucks stores in the UK North West to accept donations for a two-week trial in 2014.

Starbucks UK raised enough money to fund the equivalent of 11 cows in the first year. Encouraged by the results, the company initiated The Big Cow Project in 2015 with more than 700 stores participating and an end result of nearly £40,000 (nearly $60,000 USD) in donations. As an added bonus, the total raised will be matched by the UK government to support Send a Cow’s projects in both Rwanda and Ethiopia.

“The Starbucks Big Cow Project was led by one young partner with the passion to make a difference,” said Rhys Iley, vice president operations, Starbucks UK. “Partners across the country have been so inspired to raise funds for farmers in Rwanda and the teams have really enjoyed getting behind this worthwhile cause.”

Overwhelmed by Generosity

“We have been inspired by the enthusiasm of Starbucks partners and their customers,” said Simon Barnes, chief executive of Send a Cow. “Thanks to their fantastic support we have been able to spread the work of Send a Cow to high streets across the UK and Ireland and use the daily Starbucks habit to save lives and ensure futures, not for one day, or even one week, but forever.”

Swift is overwhelmed by Starbucks customers’ generosity.

“It feels great to not only provide cows for Rwandan farmers, but also help so many Rwandan communities,” he said.

The campaign motivated many partners in addition to Swift, most notably Becca Turner, a store manager in London. Due to her exceptional fundraising efforts, Turner was chosen to visit Rwanda this month to witness Send a Cow in action and report back to Starbucks partners about the impact of The Big Cow Project.

“I am incredibly lucky to have the chance to see Send a Cow’s work first-hand in beautiful Rwanda,” said Turner. “This was not achieved alone. It is through my hard-working store partners that I’m able to go and experience something as incredible as this.”

Also taking Swift’s lead, a group of Starbucks partners in Germany have raised enough money to fund their first cow, and the initiative is set to go wider in Europe this year.

Next for Swift is to focus on his work as one of four coffee ambassadors in the UK. He will help coordinate education events for partners as well as the local Coffee Master Program.

“I’ve learned so much from this experience,” added Swift. “I’m sure the campaign will be a yearly tradition for some time to come.”

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

 

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Starbucks UK raised money to support Send a Cow’s projects in both Rwanda and Ethiopia

Starbucks UK raised money to support Send a Cow’s projects in both Rwanda and Ethiopia

More than 1,000 Opportunity Youth offered jobs through the Los Angeles Hiring Fair & Forum on Feb. 11

Biggest Job Fair of its Kind Kicks Off Long-Term Effort to Employ LA’s Opportunity Youth – 16-24 year olds Who Are Not in School or Employed

LOS ANGELES, 2016-Feb-23 — /EPR Retail News/ — The 100,000 Opportunities Initiative, the nation’s largest employer-led coalition committed to creating pathways to employment for young people, today announced that in one day, more than 1,000 Opportunity Youth were offered on-the-spot offers through the Los Angeles Hiring Fair & Forum on Feb. 11.

Hiring managers from more than 30 companies, including, Chipotle, HMS Host, Lyft, Nordstrom, Papa John’s, Pizza Hut, Starbucks, Sweetgreen, Taco Bell, Target, TOMS, and more, met with thousands of young people in an effort to connect Los Angeles County’s more than 200,000 Opportunity Youth – 16-24 year olds who are disconnected from school and employment – to meaningful job opportunities and resources. In addition to immediate job offers, the coalition provided access to services and continued follow up through the City of Los Angeles, Los Angeles County, the Alliance for Children’s Rights & Los Angeles Opportunity Youth Collaborative, Los Angeles Area Chamber of Commerce, UNITE-LA, Los Angeles Unified School District, LeadersUp, and more than 30 other community-based organizations.

Related: A Huge Surprise for the Last Person Interviewed at 100,000 Opportunities Initiative Job Fair

The more than 1,000 jobs offered in LA is in addition to the 1,300 on-the-spot job offers that were granted in Chicago and Phoenix through similar fairs last year, and is part of an overall effort to hire 100,000 Opportunity Youth nationwide by 2018. Along with the record number of job offers granted in one day, the Opportunity Fair and Forum also began a long-term impact on the Los Angeles community and the 6,000 who were onsite for the event. For example:

Thousands of youth worked on their resumes and completed job applications under the support of resume coaches and application expert volunteers

  • 1,200 youth participated in FIND YOUR FIT powered by Clothes the Deal and Nordstrom – 600 Found their Fit, and 300 youth walked away with a new suit or clothes
  • 1,000 engaged at the Taco Bell Live Mas Scholarship booth where youth where encouraged to apply beginning early Spring
  • 350 youth built their confidence through mock interviews with company leaders, community service organizations and hiring managers
  • 220 youth learned how to make a lasting impression at  the Sephora inside JCPenney style booth
  • 200 youth registered to vote, and 20 youth applied to be poll workers for upcoming elections
  • 130 youth got headshots and created new LinkedIn profiles or updated their existing profiles
  • 105 youth and staff received learned more about how to manage a record and explored expungement services

“What we collectively accomplished in LA was extraordinary, and I was personally fortunate to be a part of something that was life-changing for thousands of young people and their support networks as they start their journey to employment and opportunity. This initial effort will continue to impact tens of thousands of young people through the collective efforts of the employers, LA County and the City of LA,” said Brian Niccol, Chief Executive Officer for Taco Bell, on behalf of the 100,000 Opportunities Initiative. “I would like to thank everyone who dedicated their time, resources and energies to make this the largest Opportunity Fair dedicated to supporting and hiring Opportunity Youth.”

“Providing a young person with the opportunity for a job helps create a path to a fulfilling career,” said Los Angeles Mayor Eric Garcetti. “The 100,000 Opportunities Initiative brought thousands of smart, ambitious Angelenos closer to their dreams. We are building on that success with my pledge to connect 15,000 young people with year-round employment opportunities in 2016 — by expanding City Department support of my Hire L.A.’s Youth initiative, and growing our partnerships with the private sector. Together, we are opening new doors of possibilities for the next generation.”

A Call to Action in Los Angeles

There are nearly 214,000 people between the ages of 16 and 24 in metropolitan Los Angeles who are neither working nor in school. According to new research from Arizona State University’s Morrison Institute for Public Policy, failure to act and employ Opportunity Youth in Los Angeles will impose an estimated lifetime social burden of $129.3 billion. And, nationally, 5.5 million Opportunity Youth have a potential taxpayer burden of $1.30 trillion and an aggregate social burden of $4.87 trillion, which underscores the urgent need to create sustainable pathways for Opportunity Youth.  For more information on this economic study, please visit the Morrison Institute for Public Policy website.

The 100,000 Opportunities Initiative is generously supported by the Arizona Community Foundation, California Endowment, Dominos, FedEx, Hilton, HMS Host, JPMorgan Chase Foundation, MacArthur Foundation, Macy’s, Papa John’s, Prudential Foundation, The Rockefeller Foundation, Schultz Family Foundation, Starbucks, Starbucks Foundation, Taco Bell, Target, T-Mobile, Walmart Foundation and the W.K. Kellogg Foundation.

Since launching in July 2015, the 100,000 Opportunities Initiative has grown to 35 leading U.S. companies including Alaska Airlines, Chipotle Mexican Grill, Cintas, CVS Health, Delaware North, Dominos, FedEx, Hilton Worldwide, HMSHost, Hyatt, JCPenney, JPMorgan Chase, Lyft, Macy’s, Mars, Microsoft, Nordstrom, Papa John’s, Pizza Hut, Porch.com, Potbelly Sandwich Shop, Prudential, Red Robin, Republic Services, Sprinkles, Starbucks, Sweetgreen, Taco Bell, Target, Teavana, T-Mobile, TOMS, VILLA, Walgreens and Walmart.

For more leader quotes from members of the 100,000 Opportunities Initiative, visit: www.100kOpportunities.org.

About the 100,000 Opportunities Initiative
The 100,000 Opportunities Initiative has the goal of creating the nation’s largest employer-led private sector coalition committed to creating pathways to employment for young people. Companies engaged in the coalition will help to launch careers for young people that are just entering the workforce, including internships, apprenticeships and on the job training, in addition to developing potential in youth that have some work experience but are looking to gain new skills that lead to a successful career. For more information, please visit www.100kOpportunities.org.

For more information on this news release, contact us

SOURCE: Starbucks Corporation

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More than 1,000 Opportunity Youth offered jobs through the Los Angeles Hiring Fair & Forum on Feb. 11

More than 1,000 Opportunity Youth offered jobs through the Los Angeles Hiring Fair & Forum on Feb. 11

Tiffany & Co. to pay regular quarterly dividend of $0.40 per share on April 11, 2016

NEW YORK, 2016-Feb-23 — /EPR Retail News/ — The Board of Directors of Tiffany & Co. (NYSE – TIF) has declared a regular quarterly dividend of $0.40 per share of Common Stock. The dividend will be paid on April 11, 2016 to shareholders of record on March 21, 2016. Future dividends are subject to declaration by the directors.

Tiffany is the internationally-renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit www.tiffany.com or call our shareholder information line at 800-TIF-0110.

Tiffany & Co.
Mark L. Aaron, 212-230-5301
Mark.aaron@tiffany.com

Source: Tiffany & Co.

News Provided by Acquire Media

RioCan’s CEO Edward Sonshine, O.Ont., Q.C. to remain CEO of the Trust until at least December 2018

TORONTO, ONTARIO, 2016-Feb-23 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that RioCan’s Board of Trustees has approved and Edward Sonshine, O.Ont., Q.C., RioCan’s Chief Executive Officer, has accepted an amendment to his employment contract. Under the amended contract, Mr. Sonshine has agreed to a commitment to remain CEO of the Trust until at least December 2018.

“The members of the Board of Trustees are all very pleased that Mr. Sonshine has agreed to remain as CEO of the Trust for the next three years. He has brought a tremendous amount of leadership to the management team as he guides RioCan through this important period of growth and development in Canada” said Paul V. Godfrey, C.M. Chairman of the Board of Trustees for RioCan.

“I am very pleased to continue to lead our organization as we enter into an exciting and transformative stage through our development, and residential intensification platforms,” said Edward Sonshine, CEO of RioCan “and I am committed to continuing to build and secure the future growth of Canada’s leading REIT for our Unitholders.”

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $15 billion as at December 31, 2015. RioCan owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 305 Canadian retail and mixed use properties, including 16 properties under development, containing an aggregate net leasable area (“NLA”) of 46 million square feet. For further information, please refer to RioCan’s website at www.riocan.com.

Contact Information:
RioCan Real Estate Investment Trust
Cynthia J. Devine
Executive Vice President
Chief Financial Officer and Corporate Secretary
(647) 253-4973
www.riocan.com