CVS Health’s EVP and CFO Dave Denton to present at the Barclays Global Healthcare Conference on March 16, 2016

WOONSOCKET, R.I., 2016-Mar-09 — /EPR Retail News/ — CVS Health Corporation (NYSE: CVS) today announced that Dave Denton, executive vice president and chief financial officer, will be speaking to investors at the Barclays Global Healthcare Conference on March 16, 2016, at approximately 9:30 a.m. EDT.

An audio webcast of the event will be broadcast simultaneously on the Investor Relations portion of the CVS Health website for all interested parties, and will be archived and available for a one-year period. To access the webcast or an archive of the event, visit http://investors.cvshealth.com.

About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its approximately 9,600 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 75 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and expanding specialty pharmacy services, the Company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

SOURCE CVS Health Corporation

PREIT sold its ninth lower-productivity mall since it started divesting non-core properties in late 2012

PHILADELPHIA, 2016-Mar-09 — /EPR Retail News/ — PREIT (NYSE: PEI) today announced that its recent sale of Palmer Park Mall marked the ninth lower-productivity mall sold by PREIT since having announced its plans to divest non-core properties in late 2012.   These properties generated average sales psf of $254 at the time of sale.  The Company also has four additional malls under contract with significant non-refundable deposits.  Pro-formaJanuary 31, 2016 portfolio sales per square foot excluding the assets sold or under contract for sale are $451.

In total, including several other non-core properties sold, the program has generated  over half a billion dollars in gross proceeds, contributing to the Company’s impressive reduction in its Bank Leverage ratio from 64.1% as ofSeptember 30, 2012 to approximately 50% as ofDecember 31, 2015.  Balance Sheet strengthening, in addition to portfolio quality, has been at the core of PREIT’s efforts, having demonstrated a plan at its January 2016 investor day to reach below 47% leverage in 2018.  The Company has since repaid the mortgage loan on Valley Mall increasing the pool of unencumbered properties supporting our borrowing capacity under our line of credit.

These portfolio improvements are also changing the nature of the Company’s dialog with tenants.  The portfolio has a prime presence in two top 10 MSAs, which enables the Company to continue to add new retail and entertainment concepts to its expanding tenant roster, having recently signed key new additions:

  • Saks OFF 5th at Springfield Town Center, expanding the lineup of top fashion brands at great value;
  • Round 1 Bowling & Entertainment at Exton Square, an entertainment concept from Japan, that includes bowling, arcade games and billiards, representing a unique family entertainment offering that will bring new customers to the property; and
  • Dry Goods at Woodland Mall, a boutique-style retail store, created by Von Maur, offering trendy women’s apparel and accessories.

“PREIT is on track to achieve its goal of $500 per square foot in sales, advancing our progression along the mall REIT quality continuum intended to drive shareholder value through an improved multiple and share price,” saidJoseph Coradino, CEO of PREIT.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls.  Headquartered in Philadelphia, Pennsylvania, the company owns and operates over 26 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has driven a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures.  Additional information is available at www.preit.com, on Twitter or LinkedIn.

CONTACT:
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
crowellh@preit.com

SOURCE PREIT

Meijer kicks off its Easter interactive social media campaign

Retailer teams up with candy suppliers in the interactive Race to the Basket political campaign

GRAND RAPIDS, Mich., 2016-Mar-09 — /EPR Retail News/ — Meijer is encouraging its customers to get out and vote this month in the ultimate political campaign that pits Peep against Chocolate Bunny in the race for President of the Easter Basket.

The Grand Rapids, Mich.-based retailer’s interactive social media campaign launched today, and will feature a variety of ways for customers to show their support of the candidates, including a temporary Twitter profile picture, and voting opportunities on Facebook and at a handful of Meijer stores across the Midwest later this month.

“At Meijer, we are always looking for opportunities to engage our customers, and the Race to the Basket is really a fun way for them to get excited about Easter,” Meijer Social Media Strategic Director Keith Boswell said. “Thanks to our great relationships with Just Born and Lindt, we were able to team up and present our customers with some great Easter basket presidential candidates.”

Meet the candidates:

Peep: Graduated from Peeperdine University with Marshmallow of Arts and has been a basket fixture since 1953. Elect a compassionate confectionist. Vote Peep for Basket President. #VotePeep

Bunny: His parents were chocolatiers, and their parents before them. Graduated from Hoppkins University with eggstra credit. A true basket centrist who will stand up for you. Vote Bunny for Basket President. #VoteBunny

Like most political campaigns, the Meijer Race to the Basket social media campaign will feature a debate, released as quick videos, as well as campaign stops for each of the candidates.

Fans can vote by sharing the hashtag #votebunny or #votepeep on Twitter or Instagram, or directly on the Meijer Facebook page, which will feature a running tally. Children will have an opportunity to vote, and receive stickers and buttons, March 19-20 at the following Meijer stores across the Midwest:

  • Cascade in Grand Rapids, Mich.
  • Knapp’s Corner in Grand Rapids, Mich.
  • Howell, Mich.
  • East Lansing, Mich.
  • Auburn Hills, Mich.
  • Canton, Mich.
  • Bloomingdale, Ill.
  • Boughton Road in Bolingbrook, Ill.
  • Richmond, Ky.
  • Westerville, Ohio
  • Maysville Road in Fort Wayne, Ind.
  • Highland, Ind.

About Meijer:
Meijer is a Grand Rapids, Mich.-based retailer that operates 223 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. As a pioneer of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, garden centers and electronic offerings. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/meijer and @twitter.com/meijerPR or become a fan at www.facebook.com/meijer.

Contact: Christina Fecher, 616-540-6108, christina.fecher@meijer.com

 

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Meijer kicks off its Easter interactive social media campaign

Meijer kicks off its Easter interactive social media campaign

CarMax now accepting applications for more than 1,600 positions across the country

One of FORTUNE Magazine’s 100 Best Companies to Work For® Now Accepting Applications

RICHMOND, Va., 2016-Mar-09 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is recruiting for more than 1,600 positions in locations across the country. The majority of open positions are in sales, with additional positions in service (detailers, experienced technicians), purchasing and the business office. Positions range from full and part-time positions, with day and evening shifts available. CarMax was also recently named one of FORTUNE magazine’s 100 Best Companies to Work For®, the twelfth year in a row.

“CarMax is committed to hiring people who are passionate about providing an exceptional customer experience,” said Bill Nash, president of CarMax. “Our associates’ dedication and drive to not only support the customer, but each other, is what makesCarMax a great place to work.”

Some of the areas with a large number of job openings include: Washington, D.C. andBaltimore, MD area; Southern Florida area; Los Angeles, CA; Chicago, IL; Houston, TX;Sacramento, CA and Denver, CO.

In addition, at the home office in Richmond, VA, CarMax is hiring for 50 digital and technology positions. Open technology and digital positions include a range of roles such as application architects, UX designers, security analysts and software developers. They will be charged with using innovative technology to enhance the e-commerce capabilities that CarMax offers customers.

“You don’t necessarily need to have experience in the automotive industry to work at CarMax,” said Tracey Shoemaker, director of talent acquisition for CarMax. “We focus on hiring people with high integrity and provide award-winning training and development to help our associates build great careers.”

Why Work at CarMax?

  • CarMax is committed to hiring people with strong values of integrity, transparency and respect. We live these values every day and they drive how we treat our associates and our customers.
  • CarMax offers unmatched training and support for associate career growth, and is one of Training Magazine’s “Training Top 125” companies in America (nine years in a row).
  • CarMax offers competitive pay and a comprehensive benefits package.
  • Stores are equipped with climate controlled, state-of-the-art service bays with quality equipment, and associates receive discounts on car purchases and other services.
  • CarMax is recognized as one of FORTUNE magazine’s 100 Best Companies to Work For® (12 years in a row), 50 Best Workplaces for Diversity and 20 Best Workplaces in Retail.

How Can Job Seekers Apply?

  • Applications are only accepted online. Job seekers should apply at jobs.carmax.com.
  • To see videos with first-hand accounts from CarMax associates, visit youtube.com/carmax.
  • While technicians require previous automotive experience, most other positions do not.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and on the FORTUNE 100 Best Companies to Work For® list for 12 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax currently operates 158 superstores in 78 markets. The CarMax consumer offer features low, no-haggle prices, a broad selection of CarMax Quality Certified used vehicles, and superior customer service. During the 12 months ending February 28, 2015, the company retailed 582,282 used cars and sold 376,186 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at www.carmax.com

Source: CarMax, Inc.

Media Contact
Beth Singer, CarMax Public Relations
pr@carmax.com
Twitter: @CarMax, Facebook: facebook.com/CarMax

NACS survey: Consumers expect gas prices to increase

ALEXANDRIA, VA, 2016-Mar-09 — /EPR Retail News/ — Consumer expect gas prices to increase and end the year at $2.68 per gallon, according to the results of a new consumer survey released today by the National Association of Convenience Stores (NACS).

Even with gas prices still averaging below $2 per gallon nationally, consumers continue to look for the best deals. Nearly two in three (64%) say the gas price is the most important factor in determining where they buy gas, compared to only 20% who shop based on location.

Drivers also are willing to price shop: Nearly two in three (64%) consumers also say they would drive five minutes out of their way to save 5 cents per gallon. An even greater percentage (70%) would pay by cash if they could save five cents per gallon.

The survey results were released today as part of the 2016 NACS Retail Fuels Report (www.nacsonline.com/gasprices), which examines conditions and trends that could impact gasoline prices. The online resource is annually published to help demystify the retail fueling industry by exploring, among other topics, how fuel is sold, how prices affect consumer sentiment, why prices historically increase in the spring and which new fuels are likely to gain traction in the marketplace.

In 2015, lower gas prices led to an increase in driving, with American drivers consuming 9.2 million barrels of gasoline per day. Men were more than twice as likely as women (52% vs. 25%) to say that gas prices affected their amount they drove.

Consumers say they are aware of the increase in demand and the transition to summer-blend fuels that takes place every spring. More than two in three (69%) agree that demand causes gas prices go up in the spring and nearly half (47%) agree that the complexity of making and distributing different fuel blends for the summer to meet environmental regulations causes gas prices to increase.

With lower gas prices, more customers are also going inside the store. Overall, two in five gas customers (41%) go inside the store to purchase additional items, with drinks (42%) and snacks (31%) being the most popular items.

Even with gas prices at their lowest level to begin a year since 2009, 17% of consumers say that if they could tell a store owner to do one thing differently it would be to reduce prices.

“Retailers are constantly fighting to attract price-sensitive drivers to their stores, especially given that those fueling up also are likely to go inside the store. As retailers wait to see how the spring transition to summer-blend fuel plays out, they also are addressing consumer trends and preferences by offering more prepared food and healthy options inside the store. As a result, 2016 may turn out to be a good year for convenience and fuels retailers regardless of the price of fuel,” said Jeff Lenard, NACS vice president of strategic industry initiatives.

NACS, which represents the convenience store industry that sells 80% of the gas sold in the country, regularly surveys consumer to gauge how gas prices affect broader economic trends. The results from this survey were part of a larger survey of 1,101 consumers conducted Jan. 7-11, 2016, by Penn, Schoen and Berland Associates LLC.

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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 154,000 stores across the country, posted $696 billion in total sales in 2014, of which $483 billion were motor fuels sales. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

Intershop and Wincor Nixdorf partner to provide integration of leading e-commerce and POS solutions for retailers

  • Cooperation with focus on comprehensive omni-channel offering
  • Deep technical integration of leading e-commerce and POS solutions sets standards for retailers

Jena, Germany, 2016-Mar-09 — /EPR Retail News/ — Intershop and Wincor Nixdorf today announce a partnership that will provide retailers a powerful set of tools helping them respond efficiently to the ever changing demands of their customers.

Ordering or reserving online and picking up the item in store is a common way of shopping today. Just as often customers order a product online when actually being in a brick and mortar store, e.g. if they have found the right product, but would prefer it in another color or size or wish to have it delivered to their homes.

What sounds easy to the customer requires complex processes, e.g. in terms of data management, logistics and payment for businesses. Intershop and Wincor Nixdorf have now initiated a product partnership that will address such challenges via a standard integration of e-commerce platforms and complex POS solutions. Customer data collected from online or offline shopping history, loyalty programs, or in-store search can then be combined for targeted cross and upselling offers at the point of sale. Leveraging the potentials of in-store and online sales channels, retailers then can efficiently offer their customers a truly seamless customer journey across all channels. At the same time they profit from higher conversions, increased sales, lower return rates, and higher customer loyalty.

Lars Wiesner, Vice President of Retail Software at Wincor Nixdorf, says: “With this partnership we enhance once more the openness and flexibility of our TP Application Suite. The integration will provide consumers a unique seamless customer journey experience independent of the channel used. We believe this partnership is an important step in supporting retailers in their operational challenges today and in the future”.

Udo Rauch, VP Sales EMEA and VP Channel at Intershop, explains: “This partnership brings together decades of expertise setting standards for retailers. It does not only offer better customer service, preferred delivery or payment options, but also comes with a wealth of additional personalized marketing and sales possibilities. We are confident that this partnership will shape the way people shop in the years to come”.

About Wincor Nixdorf
Wincor Nixdorf is one of the world’s leading providers of IT solutions and services to retailers and retail banking. The company’s extensive portfolio is centered around optimizing business processes at banks and retail companies. It is aimed mainly at cutting costs and complexity and improving service to the end customer.

Wincor Nixdorf leverages know-how from its core business with banks and retailers to diversify into related sectors. These include postal companies and service station chain operators.

Wincor Nixdorf has a presence in over 130 countries, with its own subsidiary companies in 42 of these. Approximately 9,000 employees work at the Group.

The company is the leader in Europe and the No. 2 in the world for programmable electronic POS systems (EPOSs). For automated teller machines Wincor Nixdorf is the No. 2 in Europe and worldwide.

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

Intershop and Brightstep to exhibit at D-Congress on 10 March 2016 at Gothia Towers, Gothenburg, Sweden

  • Gothia Towers Gothenburg, Sweden, 10 March 2016
  • Stand G06:20

Gothenburg, Sweden, 2016-Mar-09 — /EPR Retail News/ —  Intershop will share a stand with its platinum partner Brightstep at this year’s D-Congress, Scandinavia’s meeting place for digital commerce, which takes place on 10 March 2016 at Gothia Towers, Gothenburg, Sweden.

The long-standing business partners, whose joint customers include Vattenfall, one of Europe’s largest power companies, and Elkjop, Scandinavia’s leading provider of electronic products, will present their e-commerce and omni-channel solution portfolio on stand G06:20.

The Intershop Commerce Suite allows organizations to build engaging commerce experiences with the customer at their core, while Brightstep has particular consulting expertise in mobile commerce and product information management. Together, the partners help Scandinavian businesses grow profitably in a digital world where online and offline are closely connected.

With 120 exhibitors, 25 speakers and 1,500 visitors, D-Congress brings together the largest digital retailers and the industry’s leading suppliers.

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

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

Toys“R”Us announces the appointment of Amy von Walter as EVP, Global Communications and Public Relations

WAYNE, NJ, 2016-Mar-09 — /EPR Retail News/ — Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, today announced that Amy von Walter will join the company as Executive Vice President, Global Communications and Public Relations, effective March 14. She will report directly to Chairman and CEO Dave Brandon.

Ms. von Walter comes to Toys“R”Us from Best Buy where she was Vice President of Communications and Public Affairs. There, she led the corporate communications and brand public relations functions, restructured the company’s Internal Communications team and partnered closely with the Corporate Social Responsibility, Community Relations and Government Affairs to support policy and advocacy efforts.

In her new role, Ms. von Walter’s responsibilities will span both external and internal communications for the company. This includes strategic efforts related to media relations, crisis management and brand reputation in the public and the press, as well as special events and team member engagement. She will also lead philanthropic efforts, emphasizing the company’s commitment to keeping children safe and helping them in times of need.

“Communications touches every aspect of our business and is especially critical as we strive to grow our brand presence throughout the world and make our culture a competitive advantage,” said Mr. Brandon. “Amy brings proven leadership experience at several global brands where she strategically and effectively communicated with key stakeholders. I am confident that she will be a strong collaborator across all of our company functions and that she will provide valuable guidance as we seek to expand the depth and breadth of our communications reach.”

Ms. von Walter serves as a member of the Board of Directors for two organizations: Athletes Committed to Educating Students (ACES), which aims to reduce the academic achievement gap and improve the future for at-risk students in Minneapolis and St. Paul, MN, as well as Techbridge, which strives to inspire girls in underserved communities to discover a passion for science, technology and engineering.

Previously, Ms. von Walter held leadership positions in public relations, public affairs and corporate communications at Medtronic, HealthPartners, the U.S. Department of Homeland Security and the Metropolitan Airports Commission. She has also worked for Target Corporation and CBS Radio.

Ms. von Walter earned her bachelor’s degree in broadcast journalism and public relations from the University of Minnesota.

FOR MEDIA USE: Download a photo of Amy von Walter here: https://toysrus.sharefile.com/d-sb1c645259fc44009.

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 865 Toys“R”Us and Babies“R”Us stores in the United States, Puerto Rico and Guam, and in more than 750 international stores and more than 245 licensed stores in 37 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 toy and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. has an annual workforce of approximately 62,000 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. Follow Toys“R”Us and Babies“R”Us on Facebook at Facebook.com/Toysrus and Facebook.com/Babiesrus and on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus.

# # #

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

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

Whole Foods Market to increase the number of rooftop solar units on its stores

AUSTIN, Texas, 2016-Mar-09 — /EPR Retail News/ — Whole Foods Market (NASDAQ: WFM) is working with with national solar providers NRG and SolarCity to increase the number of rooftop solar units on the company’s U.S. stores.

The company aims to install up to 100 additional solar rooftop units on its stores; if that goal is reached, the project has potential to be among the 25 largest commercial rooftop solar installations in the country[1].

“This program showcases an exciting step in Whole Foods Market’s efforts to increase support for renewable energy as well as lower energy costs,” said Kathy Loftus, global leader in sustainability for Whole Foods Market. “We strive to live our core values of environmental stewardship, as well as serving and supporting our local and global communities. This project allows us to continue to meet the needs of all of our stakeholders.”

The expanded solar portfolio could increase Whole Foods Market’s solar energy portfolio by up to 400 percent and will help supply cleaner power to the grid.

[1] Solar Means Business 2015: Top U.S. Corporate Solar Users, http://www.seia.org/research-resources/solar-means-business-2015-top-us-corporate-solar-users

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Whole Foods Market to increase the number of rooftop solar units on its stores

Whole Foods Market to increase the number of rooftop solar units on its stores

Whole Foods Market opens variety of new prepared food venues across its New York City locations

New York, NY, 2016-Mar-09 — /EPR Retail News/ — The weather isn’t the only thing changing for spring! As the snow begins to melt and the flowers start to bloom, Whole Foods Market will be making some exciting updates to its Columbus Circle, Bowery, Chelsea, and Gowanus, Brooklyn locations. The natural and organic food retailer is excited to announce the opening of a variety of new prepared food venues across its New York City locations, bringing unique flavors and fresh inspirations.

The openings will be rolling out throughout the month of March as follows:

  • March 1st: Bowery welcomes Bon Mi
    • The Vietnamese inspired fast casual restaurant will feature non-traditional Bánh Mì Sandwiches, Greens, Rice and Noodle Bowls. Each item is made by hand using premium all-natural ingredients.
    • Bon Mi will also open in Whole Foods Market Chelsea on April 15th
  • March 7th: Columbus Circle On Tap reopens with Genji Izakaya
    • Genji LLC, the sushi purveyor behind the more than 160 sushi bars at Whole Foods Market locations across the country, has opened a Japanese gastropub at the newly renovated On Tap bar at Columbus Circle. The venue will serve up quick bites like Wonton Nachos, Gyoza, Bao Sliders and a wide selection of regional craft and international beers, wine and sake.
  • March 10th: Third & 3rd (Gowanus) welcomes No. 7 Sub
    • No. 7 Sub will offer an array of vegetarian and savory meat-filled sandwiches & Gluten-free Grain Bowls, including:  General Tso’s Seitan and Hot Roast Beef with Fried Broccoli. All sandwiches will be served on bread from Caputo Bakery, baked daily in Brooklyn.

For additional information and exciting announcements about Whole Foods Market in New York City and Brooklyn, please visit the stores’ social media channels:

Whole Foods Market NYC

Facebook: facebook.com/wholefoodsnyc/
Twitter and Instagram: @WholeFoodsNYC

Whole Foods Market Brooklyn

Facebook: facebook.com/WholeFoodsBrooklyn/
Twitter and Instagram: @WFMBrooklyn

 

Volunteer registration now open for 2016 Meijer LPGA Classic for Simply Give

Third-year event looking for tournament volunteers

GRAND RAPIDS, Mich., 2016-Mar-09 — /EPR Retail News/ — Entering its third year, the Meijer LPGA Classic for Simply Give has grown into one of the premier events on the LPGA Tour, and organizers expect it to continue growing this year. Registration is now open to welcome volunteers from across Michigan and the Midwest to the 2016 event, which will be held June 14-19 at Blythefield Country Club. 

“This community has embraced our event, and we look forward to continued growth and development each and every year,” Meijer Co-Chairman Doug Meijer said. “We could not continue to bring such a world-class event to the community without tremendous support from our volunteers and tournament staff.”

The Meijer LPGA Classic will need more than 700 volunteers, ranging in responsibilities from marshals and standard bearers to transportation and assisting the media. Volunteers can indicate their top three choices, and will be assigned to a committee on a first-come, first-served basis.

The volunteer fee of $55 includes two official tournament golf shirts, one official tournament hat, one volunteer badge valid as a grounds pass and parking for tournament week, four weekly grounds passes for friends or family, one ticket to the volunteer appreciation party, and meals and beverages during scheduled shifts.

“You don’t need to know golf to volunteer – anyone can contribute, all while experiencing an LPGA Tour event featuring some of the best women golfers in the world,” Tournament Director Lesley Baker said.

Meijer is committed to making West Michigan a staple on the LPGA Tour, increasing the purse to $2 million, while expanding the tournament-week events and activities.

The 2016 Meijer LPGA Classic for Simply Give will host a full field of 144 players, playing 72 holes of stroke play over four days of competition. The driving mission of the Meijer LPGA Classic for Simply Give is to focus on feeding the hungry, and improving the quality of life within the region. The tournament coincides with the retailer’s Simply Giveprogram, which has generated more than $21 million since 2008 for food pantries in the communities it serves.

Similar to last year, proceeds from the tournament – and each of the week’s festivities – will benefit the Meijer Simply Give program that restocks the shelves of food pantries throughout the Midwest. The Meijer LPGA Classic for Simply Give has donated more than $1.3 Million to local food pantries through the Simply Give program.

For more information on the Meijer LPGA Classic for Simply Give or to volunteer, please visit meijerLPGAclassic.com

To view a video recapping the 2015 Meijer LPGA Classic for Simply Give, please visit meijerLPGAclassic.com, and avideo on the Meijer hunger relief efforts, including Simply Give, please visit http://newsroom.meijer.com/meijer-simply-give-video.

About Meijer Simply Give:
Meijer is a family-owned retailer based in Grand Rapids, Mich. with a fundamental philosophy aimed at strengthening the communities it serves. Meijer operates 223 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin, and proudly donates more than 6 percent of its net profit each year to charities throughout the Midwest. With hunger as a corporate philanthropic focus, Meijer partners with hundreds of food banks and pantries through its Simply Give and food rescue programs. Meijer also supports education, disaster relief, and health and wellness initiatives. For additional information on Meijer philanthropy, please visit www.meijercommunity.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

About Blythefield Country Club:
Located just north of Grand Rapids, Blythefield has been providing families the best golf and social experience in West Michigan since 1928. With the Rogue River flowing through, Blythefield boasts one of the most beautiful championship layouts in Michigan. Previously, Blythefield has hosted the 1953 Western Amateur, the 1961 Western Open, won by Arnold Palmer, and the 2005 Western Junior won by Rickie Fowler. Beginning in 2014 Blythefield is honored to host the Meijer LPGA Classic. Learn more about Blythefield Country Club at www.blythefieldcc.org.

About the LPGA (Ladies Professional Golf Association):
The LPGA is the world’s leading professional golf organization for women. Founded in 1950, the association celebrates a diverse and storied membership with more than 2,300 members representing more than 30 different countries. With a Vision to inspire, empower, educate and entertain by showcasing the very best of women’s golf, LPGA Tour Professionals compete across the globe, while dedicated LPGA Teaching and Club Professionals (T&CP) directly impact the game through teaching, coaching and management. The Symetra Tour consistently produces a pipeline of talent ready for the world stage. The LPGA is headquartered in Daytona Beach, Florida. Follow the LPGA on its television home, Golf Channel, and on the web via: www.LPGA.com, www.facebook.com/LPGA, www.twitter.com/lpga, and www.youtube.com/lpgavideo.

About Octagon Global Events:
Octagon Global Events is a division of Octagon, the world’s largest sports and entertainment representation and marketing agency. Octagon Global Events focuses on premium event/property management, providing strategic corporate solutions. The division currently manages two Champions Tour events, two LPGA Tour events and the Toyota Texas Bass Classic. For more information, visit http://www.octagonglobalevents.com.

Contact:
Lesley Baker, Tournament Director, Octagon, Lesley.Baker@octagon.com, 616-426-6225 or Christina Fecher, Public Relations Manager, Meijer, Christina.Fecher@meijer.com, 616-735-7968

Pennsylvania Real Estate Investment Trust to present at the Citi 2016 Global Property CEO Conference

PHILADELPHIA, 2016-Mar-09 — /EPR Retail News/ — Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that Joseph Coradino, Chief Executive Officer, and Robert McCadden, Executive Vice President and Chief Financial Officer, will participate in a roundtable presentation at the Citi 2016 Global Property CEO Conference in Hollywood, Florida.

The Company’s roundtable presentation is scheduled forWednesday, March 16, 2016 at 9:30AM Eastern Time. Individuals interested in listening to the presentation should log in to the audio webcast at the following URL:

http://www.veracast.com/webcasts/citigroup/globalproperty2016/06304153242.cfm

A replay of the audio webcast will be available one hour after the conclusion of the live event, and will remain available until June 14, 2016, and can be accessed by using the same URL.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls.  Headquartered in Philadelphia, Pennsylvania, the Company owns and operates approximately 27 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has seen a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures.  Additional information is available at www.preit.com or on Twitter or LinkedIn.

Forward Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current views about future events, achievements or results and are subject to risks, uncertainties and changes in circumstances that might cause future events, achievements or results to differ materially from those expressed or implied by the forward-looking statements. In particular, our business might be materially and adversely affected by uncertainties affecting real estate businesses generally as well as the following, among other factors: our substantial debt, stated value of preferred shares and our high leverage ratio; constraining leverage, interest and tangible net worth covenants under our 2013 Revolving Facility, our 2014 Term Loans and our 2015 Term Loan; potential losses on impairment of certain long-lived assets, such as real estate, or of intangible assets, such as goodwill, including such losses that we might be required to record in connection with any dispositions of assets; changes to our corporate management team and any resulting modifications to our business strategies; our ability to refinance our existing indebtedness when it matures, on favorable terms or at all; our ability to raise capital, including through the issuance of equity or equity-related securities if market conditions are favorable, through joint ventures or other partnerships, through sales of properties or interests in properties, or through other actions; our ability to identify and execute on suitable acquisition opportunities and to integrate acquired properties into our portfolio; our partnerships and joint ventures with third parties to acquire or develop properties; our short- and long-term liquidity position; current economic conditions and their effect on employment, consumer confidence and spending and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions and on our cash flows, and the value and potential impairment of our properties;  general economic, financial and political conditions, including credit market conditions, changes in interest rates or unemployment; changes in the retail industry, including consolidation and store closings, particularly among anchor tenants; the effects of online shopping and other uses of technology on our retail tenants;  our ability to sell properties that we seek to dispose of or our ability to obtain estimated sale prices; our ability to maintain and increase property occupancy, sales and rental rates, in light of the relatively high number of leases that have expired or are expiring in the next two years; acts of violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales;  increases in operating costs that cannot be passed on to tenants; risks relating to development and redevelopment activities which could be subject to delays or other risks and might not yield the returns we anticipate; concentration of our properties in the Mid-Atlantic region; changes in local market conditions, such as the supply of or demand for retail space, or other competitive factors; and potential dilution from any capital raising transactions.  Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed in our most recent Annual Report on Form 10-K and in any subsequent Quarterly Report on Form 10-Q in the section entitled “Item 1A. Risk Factors.” We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.

CONTACT: AT THE COMPANY
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
crowellh@preit.com

SOURCE PREIT

Taubman embarks on a $500 million re-imagination of Beverly Center

Every aspect of the center to be transformed by holiday 2018

LOS ANGELES, 2016-Mar-09 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) is embarking on a $500 million re-imagination of Beverly Center this month that will transform every aspect of the iconic fashion destination. The details were revealed this evening at an event featuring Los Angeles Mayor Eric Garcetti, Taubman Chairman, CEO and President Robert Taubman, Chief Operating Officer William Taubman and other special guests.

Critical focus areas for the project include creating a bright, contemporary and highly accessible exterior and interior that engages the center with the surrounding neighborhood, producing an effortless arrival, parking and departure experience, and offering a perfectly curated retail lineup and superior destination dining. Beverly Center and its tenants will be open during construction which is scheduled to be completed by the 2018 holiday season.

“In re-envisioning Beverly Center, we are looking to create LA’s signature urban shopping and dining experience, as well as an exciting, pedestrian-friendly anchor to one of the most creative and diverse neighborhoods in the world,” said Robert Taubman. “The center is a key asset in our portfolio, and after renovation we believe it will become one of the top ten retail centers in the nation.”

“The Beverly Center holds a special place in LA’s imagination — it’s where an entire generation of Angelenos went on first dates, bought prom dresses and met up with friends on weekends,” said Los Angeles Mayor Eric Garcetti. “Reimagining it for the 21st century is a tremendous investment in making those timeless experiences possible for the next generation of Angelenos. These plans capture the spirit of ambition and innovation that is driving our city’s economic resurgence.”

Los Angeles Councilmember Paul Koretz, Council District 5, added, “I am pleased to be working with the Taubmans to bring to our community a beautifully renovated and updated shopping experience at the iconic Beverly Center. Together, we are bringing a significant investment, good jobs, renewed economic activity and a neighborhood-sensitive project to Council District 5.”

Modern, Fresh Design

The design architect for the renovation of the 886,000 sq. ft. center is Studio Fuksas of Rome, Italy. Visionaries Massimiliano and Doriana Fuksas, known for their distinctive designs, are responsible for numerous high-profile projects around the world, including Shenzhen Bao’an International Airport (Guangdong, China), Ferrari Operational Headquarters and Research Center (Maranello, Italy), CBD Cultural Center (Beijing, China), New National Archives of France (Pierrefitte-sur-Seine, France) and many other exceptional venues.

Taubman selected Studio Fuksas to transform Beverly Center into a great urban space that meets the aspirations of Angelenos and suits the world class city it calls home. Massimiliano Fuksas had this to say about architecture: “Contrary to common belief, music should be observed in order to appreciate its true essence, while architecture should be felt.”

Upon completion, Beverly Center’s shoppers and diners will feel its new personality through significant changes that include:

  • Adding a continuous ribbon of new skylights that will bathe the entire center’s elegant and contoured floor openings and curves in natural light.
  • A shimmering new exterior that incorporates a perforated steel façade and will beautifully capture light during all parts of the day.
  • A fresh new streetscape that combines modern architecture and drought-resistant greenery for a pleasant walking experience.
  • A row of street-level restaurants that open the center to the vibrancy of West Third Street and embrace a pedestrian-oriented environment.
  • An additional valet off West Third Street to provide quick access to the street-level restaurants and retail.
  • A state-of-the-art smart parking system to dramatically improve the center’s arrival and departure experience.
  • An eighth level multi-concept gourmet food hall – THE STREET – by Chef Michael Mina.
  • Spectacular panoramic views of the Hollywood Hills and downtown Los Angeles from THE STREET, as well as from the center’s sixth floor.
  • The continual evolution of the merchandise mix combining luxury, contemporary and fast fashion retailers for an unparalleled shopping experience.
  • A flexible Center Court featuring an impressive 20’ w x 35’ h LED screen, plenty of places to sit, relax and plug in, and the ability to host events, exhibitions and installations.

Superior Retail & Dining

Beverly Center for decades has been an iconic fashion destination regularly shopped by locals, international visitors and those who influence celebrity style and popular culture through their work in the entertainment industry. With this renovation, Beverly Center will remain well positioned to lead the city to its fashion future while connecting with these important core customers.

The center will continue to be anchored by Bloomingdale’s and Macy’s, and will have more than 100 of the world’s most coveted brands, including Apple, Burberry, COS, Dolce & Gabbana, Fendi, Foot Locker, Gucci, H&M, Henri Bendel, Jimmy Choo, Louis Vuitton, Maje, Montblanc, OMEGA, Prada, Saint Laurent, Salvatore Ferragamo, Sandro, Tiffany & Co., Traffic, Uniqlo, Versace, XXI Forever and Z Zegna. Additions to the retail lineup will be announced over the course of the project.

In addition to great retail, an estimated ten dining destinations will be developed, including two by Michelin starred,James Beard Award-winning Chef Michael Mina. His first is a multi-concept gourmet food hall called THE STREET. Located on the center’s eighth floor dining terrace, THE STREET will serve an impressive array of cuisines from hawker stations reminiscent of great bazaars from around the world. The hallmark of the experience will be offerings from both Chef Mina and approximately 15-18 concepts for an ever-changing culinary experience.

“THE STREET will feature incredibly diverse cuisine inspired by the local community and the idea of bringing people together through the universal language of great food,” said Chef Mina. “The fare will be healthy, the atmosphere casual and the overall experience will be like no other in LA.”

Part of the uniqueness of THE STREET will be its sweeping views of downtown Los Angeles and the Hollywood Hills that will provide a distinctly LA experience.

The center’s other new chef-driven and fast-casual restaurants, as well as Mina’s second concept, will be announced in the coming months.

A Reflection of its City

Along with shopping and dining, Beverly Center aims to provide a special place for individuals to gather to create, become inspired or simply connect with others. This will be done through special events and programs.

“Our goal is for Beverly Center to draw the community together through retail, dining, art, entertainment and the other passions that connect people to Los Angeles in a meaningful way,” said William Taubman. “The center will respect creativity and will mirror the interests of its shoppers.”

Investor Information

Further information, including an investor presentation, is available online at www.taubman.com under “Investors.” Such materials include the project’s expected stabilized return and 10-year internal rate of return.

ABOUT MINA GROUP
Mina Group is a San Francisco-based restaurant management company specializing in creating and operating upscale, innovative restaurant concepts. Mina Group is led by Chef/Founder Michael Mina whose accolades include James Beard Foundation “Who’s Who of Food and Beverage” inductee in 2013, Bon Appétit Chef of the Year, Food Arts Silver Spoon Award Winner, San Francisco Magazine Chef of the Year, and International Food and Beverage Forum’s Restaurateur of the Year. Operating since 2003, Mina Group currently manages 27 concepts including MICHAEL MINA in San Francisco (Esquire Magazine’s Restaurant of the Year 2011); RN74 atMillennium Tower in San Francisco and RN74 at the Joshua Green Building in Seattle; PABU and THE RAMEN BAR at 101 California in San Francisco; CLOCK BAR at The Westin St. Francis on Union Square in San Francisco; BOURBON STEAK, BOURBON PUB and Michael Mina’s Tailgate at Levi’s Stadium in Santa Clara; STRIPSTEAK at Mandalay Bay in Las Vegas; MICHAEL MINA Bellagio at Bellagio in Las Vegas; BARDOT BRASSERIE at Aria Resort & Casino in Las Vegas; MICHAEL MINA 74 and STRIPSTEAK at Fontainebleau Miami Beach; Locale Market and FarmTable Kitchen at Sundial St. Petersburg in Florida; and THE HANDLE BAR in Jackson Hole. For a complete list of restaurants please visit http://michaelmina.net.

Follow Michael Mina on Facebook at Michael Mina, twitter @ChefMichaelMina and Instagram at ChefMichaelMina.

ABOUT TAUBMAN
Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 24 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Taubman is currently developing four properties in the U.S. and Asia totaling 4.1 million square feet. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.www.taubman.com.

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

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

Source: Taubman Centers, Inc.

Media:

Maria Mainville, Taubman, Director, Strategic Communications, 248-258-7469, mmainville@taubman.com

Jenn Dees, PMK*BNC, 310-854-3212, Jenn.Deese@pmkbnc.com

or

Investors:

Ryan Hurren, Taubman, Director, Investor Relations, 248-258-7232, rhurren@taubman.com

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Beverly Center's re-imagined Center Court features a continuous skylight ribbon that will bathe the center in natural light (Photo: Business Wire)

Beverly Center’s re-imagined Center Court features a continuous skylight ribbon that will bathe the center in natural light (Photo: Business Wire)

CBRE Group recognized as a 2016 World’s Most Ethical Company® by the Ethisphere Institute

LOS ANGELES, 2016-Mar-09 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2016 World’s Most Ethical Company by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. This is the third year in a row CBRE has been honored with this award.

“CBRE is proud to be recognized as a World’s Most Ethical Company for the third straight year,” said Bob Sulentic, president and chief executive officer of CBRE. “Our corporate culture fosters an environment where our employees strive to better their communities and provide world-class client service with a high level of integrity.”

Ethisphere recognizes companies that align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow’s best practices today. Companies are evaluated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%).

“Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich. “Congratulations to everyone at CBRE for being recognized as a World’s Most Ethical Company.”

About the Ethisphere Institute The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with the publication of Ethisphere magazine. More information about Ethisphere can be found at: http://ethisphere.com.

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 2015 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 Relations
+1 212 9848267
Robert.McGrath@cbre.com

Yogurt maker Llaeth Y Llan /Village Dairy to boost production and create new jobs following contract coup with the Co-op

MANCHESTER, England, 2016-Mar-09 — /EPR Retail News/ — A Denbigh-based dairy is on course to boost production and create new jobs at its Tal y Bryn farm following a contract coup with the Co-op.

Located in Llannefydd, Llaeth Y Llan /Village Dairy forecasts a six-fold increase in sales of yogurts as availability extends to Co-op food stores across Wales.

Llaeth Y Llan / Village Dairy – which marked its 30th anniversary of making artisan yoghurts at the Roberts family farm last year- is set to double its workforce over the next 24 months and expects to recruit its 50th employee this year after creating new production and product development roles.

Established to diversify the farm’s dairy business in the 1980’s, the yogurts were originally sold through local milk rounds and, local independent stores. The Co-op was the first major retailer to stock Llaeth Y Llan / Village Dairy’s yogurts and, with over 160 Co-op stores across Wales, the new contract is now the Dairy’s largest contract with a convenience retailer.

Llaeth Y Llan / Village Dairy is backing the growth with a TV advertising campaign which follows last year’s successful re-brand of the yogurt pots.

Gareth Roberts creator of Llaeth Y Llan / Village Dairy – pictured at the launch of the new-look Co-op store in Llanrwst last month (February), said:

“We didn’t think that the yogurt made in our farmhouse kitchen would one day be available across the country. The farmhouse remains at the heart of the business and we are still old-fashioned yogurt makers however, our new production plant in our farm outbuildings is capable of trebling production.

“Our team are great, they help us to create and deliver a product that we are all really proud of and a contract on this scale with the Co-op is great news in so many different ways. As a community retailer it opens up new markets for us while providing a boost for local rural jobs.”

Matthew Speight, Managing Director for The Co-op in Wales, said:

“As a retailer with a history stretching back over 150 years the Co-op is committed to supporting local communities, it is investing to transform and grow its convenience business and to enhance the in store experience for customers, offering home-grown products is an important part of this approach and also supports local economies and provides a boost for jobs – Industry data shows that our strategy is taking us in the right direction as we take strides towards our ambition of being the number one community retailer.

“Llaeth Y Llan / Village Dairy is an inspirational story of endeavour and success in Wales and we are delighted to be working closely with the team at the Dairy  and further build our close ties – our stores are located in the heart of Welsh communities and this is a further step in the Co-op’s commitment to offering more locally sourced produce conveniently.”

Consumer shopping habits are changing, shoppers are increasingly buying what they want when they need it, conveniently. The Co-op is the fastest growing non-discounter food store according to retail data released by Kantar Worldpanel (9 February) – the community retailer has grown its Loved by us and Truly Irresistible own-label sales by 7%, with sales of fresh and chilled produce growing fastest. As consumers increasingly shop little, often and conveniently, The Co-op is also confirmed as the most frequently visited major supermarket.

Further information:
Andrew Torr
Co-op Press Office
M: 07702 505 551
E: andrew.torr@co-operative.coop

 

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Yogurt maker Llaeth Y Llan /Village Dairy to boost production and create new jobs following contract coup with the Co-op

Yogurt maker Llaeth Y Llan /Village Dairy to boost production and create new jobs following contract coup with the Co-op

Weingarten Realty Investors to release first quarter 2016 earnings on April 21, 2016

HOUSTON, 2016-Mar-09 — /EPR Retail News/ — Weingarten Realty Investors (NYSE:WRI) announced today that its first quarter 2016 earnings will be released after the market closes on Thursday, April 21, 2016. Senior Management will host our quarterly earnings conference call on Friday, April 22, 2016 at 10:00 a.m. Central Time.

Event:
Weingarten Realty’s First Quarter 2016 Earnings Results

When:
10:00 AM CST, Friday, April 22, 2016

Dial#:
1.888.771.4371 / Conference ID #40193469

Listen via Webcast

This call will be webcast live at www.weingarten.com and can be accessed under the Investor Relations tab of the Company’s website. In addition, an audio archive will be available on the Company’s website shortly after the call concludes. The complete earnings release and supplemental data package will be located in the Investor Relations section of the website on the Quarterly Earnings page. For those without Internet access, the first quarter 2016 earnings release and supplemental data package will be available by mail upon request. To receive a copy, please call Investor Relations at (800) 298-9974.

About Weingarten Realty Investors
Weingarten Realty Investors (NYSE:WRI) is a shopping center owner, manager and developer. At December 31, 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 18 states spanning the country from coast to coast. These properties represent approximately 45.6 million square feet of which our interests in these properties aggregated approximately 28.0 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

Chick-fil-A® launches Frosted Coffee

ATLANTA, Ga., 2016-Mar-09 — /EPR Retail News/ — This spring, Chick-fil-A® is taking cold-brewed iced coffee to the next level, introducing Frosted Coffee for customers beginning Monday, March 14 at restaurants nationwide.

Frosted Coffee is made by combining Chick-fil-A’s signature vanilla Icedream® with THRIVE Farmers™ cold-brewed iced coffee. The hand-spun treat starts at just 240 calories, offering fewer than half the calories of a milkshake.

Chick-fil-A’s cold-brew iced coffee process is typically reserved for specialty coffee houses, providing a hand-crafted taste. Unlike traditional techniques in which hot-brewed coffee is cooled and later iced, Chick-fil-A’s cold-brewed coffee is never heated; instead coffee grounds are infused with cool, filtered water and steeped using proprietary equipment for up to 24 hours to create a concentrate that is naturally sweeter with low acidity and bitterness. This is then blended with Chick-fil-A’s signature Icedream®.

Chick-fil-A’s Icedream® is a delicious, dairy treat with an old-fashioned vanilla taste. The launch of Frosted Coffee comes on the heels of the successful launch of Frosted Lemonade in 2015.

“We’re excited to offer customers a new, great-tasting frosted beverage just in time for spring,” said Amanda Norris, senior director of menu development for Chick-fil-A. “Our guests let us know how much they’ve enjoyed Frosted Lemonade, and we think they’ll love Frosted Coffee just as much when they’re seeking  a delicious, light treat.”

Frosted Coffee will be available in a small (14-ounce) or large (20-ounce) serving with prices starting at $2.69 for a small. A limited-time menu option, Frosted Coffee will be available through May 31, 2016.

Chick-fil-A partnered with THRIVE Farmers Coffee in 2014, becoming the first in the quick-service industry to offer specialty-grade coffee. The sale of each cup of coffee provides direct revenue to the THRIVE Farmers network of family farmers in Central America. The farmer-direct platform allows the farmers to earn up to 10 times more than farmers earn in traditional revenue models.

For more information about Frosted Coffee, THRIVE Farmers Coffee  and stories about the company’s food, people and customers across the country, visit Inside.Chick-fil-A.com.

About Chick-fil-A, Inc.
Atlanta-based Chick-fil-A, Inc. is a family owned and privately held restaurant company founded in 1964 by S. Truett Cathy. Devoted to serving the local communities in which its franchised restaurants operate, and known for its original chicken sandwich, Chick-fil-A serves freshly prepared food in nearly 2,000 restaurants in 42 states and Washington, D.C.

Chick-fil-A system sales exceeded $6 billion in 2015, which marks 48 consecutive years of sales growth. Chick-fil-A ranked first for customer satisfaction in the Limited Service Restaurants industry according to the 2015 American Customer Satisfaction Index and received the highest ACSI score ever in the industry. The company was also recognized in 2015 as America’s “Top Chicken Restaurant Brand” by The Harris Poll and the only restaurant brand named to the Top 10 “Best Companies to Work For” by 24/7 Wall Street. More information on Chick-fil-A is available on the chain’s website located at www.chick-fil-a.com.

Corporate Media Hotline: (800) 404-7196 Email: cfapressroom@chick-fil-a.com Twitter @ChickfilANews

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Chick-fil-A® launches Frosted Coffee

Chick-fil-A® launches Frosted Coffee

Chick-fil-A announces grand opening date of its first restaurant in Oregon

ATLANTA, 2016-Mar-09 — /EPR Retail News/ — Chick-fil-A, Inc. announced today the grand opening date of its first freestanding restaurant in Oregon. The restaurant, located at 2855 NW Town Center Drive in the Tanasbourne neighborhood of Hillsboro, Ore. is set to open Thursday, March 31. Formally named Chick-fil-A at Tanasbourne, the restaurant will be independently owned and operated by local resident Brian Hogan.

Locally Owned and Operated

Hogan is a fifth generation Oregonian and recently returned to the Hillsboro area with his wife, Jaclyn, to open the franchise just three miles down the road from his childhood home on Hennig Street. He is a long-time Chick-fil-A team member, having started with the company at age 16 after moving to Charlotte, N.C. During his 10 years as a team member, Hogan worked in all areas of the restaurant, and even served as a trainer for new franchise owners and team members across the country. He pursued the path to becoming a Chick-fil-A franchisee soon after graduating from UNC Charlotte with a degree in Organizational Communication by entering Chick-fil-A’s Interim Manager program. In the program, Hogan spent 18 months managing Chick-fil-A restaurants in Louisiana, Illinois, Wyoming, North Carolina, South Carolina and Alabama. After building his career with Chick-fil-A, he is excited to return to his hometown to open Oregon’s first Chick-fil-A restaurant.

“I’m so glad to be back in my hometown with my family, and I can believe we’ll be opening the doors to our restaurant in one month,” Hogan says.  “Everyone has been so welcoming since I’ve moved back to Hillsboro, and I’m ready to repay that hospitality when we’re open for business. I hope community members will visit our restaurant to experience the great food and service that we’re known for, and to see what we’re all about.”

Fresh, Regionally Sourced Food

Chick-fil-A is known for its menu of fresh, hand-crafted food and offers a variety of options for guests. Signature items include a hand-breaded, boneless chicken breast sandwich, Waffle Potato Fries and hand-spun milkshakes. The Hillsboro restaurant will use only premium ingredients and make many of its menu items from scratch in the restaurant each day, including hand-chopped salads and fresh-squeezed lemonade.

Chick-fil-A at Tanasbourne will partner with regional farmers and suppliers to source as many locally- and regionally-grown ingredients as possible. In fact, the restaurant will source all of its bread from Portland-based Franz Bakery, which also supplies bread to Chick-fil-A restaurants in Washington. Chick-fil-A sources all potatoes used to make hash browns and Waffle Potato Fries from the Columbia River Basin – buying more than 438 million pounds of potatoes last year alone. Additionally, all of the apples used to supply Chick-fil-A’s West Region restaurants are grown in the Pacific Northwest, sourcing more than 2.25 million pounds of apples from the region each year. Chick-fil-A is also collaborating with national and regional poultry suppliers to ensure it serves chicken raised without antibiotics in all its restaurants nationwide by 2019.

Sustainable Design

Chick-fil-A’s sustainability efforts focus on serving better food in greener restaurants with reduced waste. Chick-fil-A at Tanasbourne will be built to LEED® specifications with water and energy efficiency features, air quality control and waste diversion efforts, among other initiatives. The restaurant will also recycle all cardboard and plastic used in back-of-house operations, and provide napkins, tray liners and Kid’s Meal bags made from 100 percent recycled materials. All beverages will be served in paper cups made from recycled materials.

Community Citizen

Chick-fil-A at Tanasbourne will create approximately 80 new full-and part-time jobs, with team member hiring taking place now. Chick-fil-A is known for developing and retaining young talent, offering a supportive workplace with opportunities for leadership development, promotions that lead to management roles, the opportunity to earn college scholarships, respect for work-life balance (with Sundays off) and competitive wages. In fact, Chick-fil-A was ranked in Glassdoor’s Top 50 “Best Places to Work” in 2014, an achievement voted on by employees. Over the years, the restaurant company, which employs more than 80,000 individuals through both corporate positions and franchised locations, has provided more than $30 million to help its team members pay for college. Interested applicants can apply at jobs.portlandcfa.com.

Among other locally-based giving initiatives, Hogan will partner with a local food bank to donate surplus food to those in need multiple times a week.

Commitment to Customer Service

With a longstanding tradition in the restaurant industry for setting the highest standards in customer service, Chick-fil-A recently ranked first for customer satisfaction in the Limited Service Restaurants Industry by the American Customer Satisfaction Index for 2015. The company has also earned recognition as one of America’s “Most Inspiring Companies” by Forbes Magazine, one of America’s “Top 20 Most Admired Brands” by The Harris Poll and “Top Fast Food Chicken Chain” by Consumer Reports, among other honors.

Chick-fil-A launched a new website, PortlandCFA.com, to serve as a hub for information about the Portland-area Chick-fil-A restaurants, as well stories about team members, the community and more. Guests are encouraged to visit PortlandCFA.com or the restaurant’s Facebook page – facebook.com/cfatanasbourne– for the latest information leading up to grand opening. The restaurant is scheduled to be open from 6:30 a.m. to 10 p.m. Monday through Saturday beginning Thursday, March 31.

About Chick-fil-A, Inc.
Atlanta-based Chick-fil-A, Inc. is a family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. Devoted to serving the local communities in which its franchised restaurants operate, and known for its original chicken sandwich, Chick-fil-A serves freshly prepared food in more than 1,900 restaurants in 42 states and Washington, D.C.

Chick-fil-A system sales exceeded $6 billion in 2015, which marks 48 consecutive years of sales growth. Chick-fil-A ranked first for customer satisfaction in the Limited Service Restaurants industry according to the 2015 American Customer Satisfaction Index and received the highest ACSI score ever in the industry. The company was also recognized in 2015 as America’s “Top Chicken Restaurant Brand” by The Harris Poll and the only restaurant brand named to the Top 10 “Best Companies to Work For” by 24/7 Wall Street. More information on Chick-fil-A is available on the chain’s website located at www.chick-fil-a.com.

Corporate Media Hotline: (800) 404-7196 Email: cfapressroom@chick-fil-a.com Twitter @ChickfilANews

 

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Chick-fil-A announces grand opening date of its first restaurant in Oregon

Chick-fil-A announces grand opening date of its first restaurant in Oregon

NRF: more than 125 million Americans plan to celebrate St. Patrick’s Day and are expected to spend an average of $35.37 per person

WASHINGTON, 2016-Mar-09 — /EPR Retail News/ — Americans love to put on their green and celebrate St. Patrick’s Day with family and friends, and this year is expected to be no different. According to NRF’s annual St. Patrick’s Day Spending Survey conducted by Prosper Insight and Analytics, more than 125 million Americans plan to celebrate the Irish holiday and are expected to spend an average of $35.37 per person, down slightly from last year’s $36.52.

Total spending for the March 17 holiday is expected to reach $4.4 billion based on U.S. population 18 and older.

“Retailers expect to see a nice boost in sales as consumers head to stores looking for apparel, decorations, food and beverages to help make their St. Patrick’s Day celebrations special,” NRF President and CEO Matthew Shay said. “With the winter holidays behind us and spring flowers starting to bloom, St. Patrick’s Day provides a perfect opportunity for Americans to get together to celebrate with friends and family.”

Fans of St. Patrick’s Day plan to celebrate in a number of ways. According to the survey, 82.1 percent will wear green to show their Irish pride, 31.3 percent plan to make a special dinner, 28.7 percent will head to a party at a bar or restaurant and 21.1 percent will attend a private party. In addition, 22.8 percent plan to decorate their homes or offices in an Irish theme.

According to the survey, 56.5 percent of those celebrating will purchase food and beverages, 28 percent will buy apparel or accessories, 23.3 percent will buy decorations and 17.2 percent will buy candy.

The survey asked for the first time where consumers will make their St. Patrick’s Day purchases. More than a third, 36.2 percent, plan to do so at a grocery store, 30.4 percent at discount stores and 20.8 percent at bars and restaurants.

“St. Patrick’s Day isn’t a holiday for giving gifts, but it is a time for inexpensive and fun celebrations that make it easy for consumers of any age and on any budget to take part in the festivities,” Prosper’s Pam Goodfellow said. “Whether they’re heading to a parade, cooking an Irish meal or joining friends at a bar or restaurant, consumers will take the opportunity to get festive and celebrate.”

The holiday is most popular among individuals 18-24 years old with 70.1 percent celebrating but those 25-34 years old will be the biggest spenders at an average $42.58.

The survey of 7,108 consumers was conducted February 2-9 and has a margin of error of plus or minus 1.2 percentage points.

Prosper Insights and Analytics delivers executives timely, consumer-centric insights from multiple sources. As a comprehensive resource of information, Prosper represents the voice of the consumer and provides knowledge to marketers regarding consumer views on the economy, personal finance, retail, lifestyle, media and domestic and world issues.www.ProsperDiscovery.com

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

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

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NRF: more than 125 million Americans plan to celebrate St. Patrick’s Day and are expected to spend an average of $35.37 per person

NRF: more than 125 million Americans plan to celebrate St. Patrick’s Day and are expected to spend an average of $35.37 per person

NRF: Import cargo volume should see its traditional buildup toward the summer

WASHINGTON, 2016-Mar-09 — /EPR Retail News/ — Import cargo volume at the nation’s major retail container ports should see its traditional buildup toward the summer despite difficult comparisons with last year’s unusual patterns, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Comparisons are still complicated because of last year’s situation at the West Coast ports but should clear up in the second half of the year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Year-over-year numbers are skewed but on a monthly basis imports are building normally as the back-to-school season approaches.”

Ports covered by Global Port Tracker handled 1.5 million Twenty-Foot Equivalent Units in January, the latest month for which after-the-fact numbers are available. That was up 4.4 percent from December and 21.4 percent from unusually low figures in January 2015, the month before a new contract with dockworkers was signed to end a near-shutdown at West Coast ports. One TEU is one 20-foot-long cargo container or its equivalent.

February was estimated at 1.4 million TEU, up 17.1 percent from the same month in 2015 and also skewed by last year’s congestion. March is forecast at 1.35 million TEU, down 22.2 percent from the flood of traffic seen as the backlog of cargo began to move through ports at this time last year. April is forecast at 1.49 million TEU, down 1.8 percent from last year; May at 1.56 million TEU, down 3.4 percent; June at 1.54 million TEU, down 1.6 percent; and July at 1.61 million TEU, down 0.4 percent.

The first half of 2016 is expected to total 8.8 million TEU, down 0.2 percent from the same period in 2015. Total volume for 2015 was 18.2 million TEU, up 5.4 percent from 2014.

With cargo volume down so far this year, Hackett Associates Founder Ben Hackett said recent decisions by major shipping lines to add new super-large capacity vessels to routes between Asia and the U.S. West Coast are likely to bring lower shipping rates at the risk of “chaos” in the balance between supply and demand.

“Does this make sense? Absolutely not,” Hackett said. “It flies in the face of financial and economic wisdom and totally ignores the state of the freight market.”

Global Port Tracker, which is produced for NRF by the consulting firm Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades and Miami on the East Coast, and Houston on the Gulf Coast. The report is free to NRF retail members, and subscription information is available at www.nrf.com/PortTracker or by calling (202) 783-7971. Subscription information for non-members can be found at www.globalporttracker.com.

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

Hackett Associates provides expert consulting, research and advisory services to the international maritime industry, government agencies and international institutions. www.hackettassociates.com

J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press