A.S. Watson Group (ASW) web sites received three awards for Web Accessibility

HONG KONG, 2016-Apr-22 — /EPR Retail News/ — A.S. Watson Group (ASW) received three silver awards in the website stream category under the Web Accessibility Recognition Scheme 2016 today, including the ASW corporate website, the Group’s flagship local philanthropy programme ‘Hong Kong Students Sports Awards’ website, and the new CSR programme ‘Project LOL’ website, which participated in the scheme for the first time.

ASW revamped and launched the new corporate website and its affiliate ‘Hong Kong Students Sports Awards’ website with fresh new looks in Oct last year. The new websites feature a user-friendly design with enhanced navigation flow, which enable the public to access to the corporate information and latest news in an efficient and timely manner. The group also rolled out a new CSR programme ‘Project LOL’ website to promote the Corporate Social Responsibility and to bring ‘Lots Of Love, Lots Of Laughs’ to those in need.

ASW is committed to providing a barrier-free web environment, the design of our websites have taken into account the needs of people with disabilities, and conformed all 14 judging criteria listed under the Silver Category of the scheme, so that all users, with or without disabilities, can enjoy surfing our websites conveniently.

Over the years, ASW has been actively pursuing web accessibility design. We have been receiving the ‘Silver Award’ in the Web Accessibility Recognition Scheme co-organised by the Office of the Government Chief Information Officer (OGCIO) and the Equal Opportunities Commission (EOC) since 2013, to recognise our efforts in enhancing the user experience with a more user-friendly and accessible internet environment.

SOURCE: A.S. Watson Group

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A.S. Watson Group received three silver awards in the website stream category under the Web Accessibility Recognition Scheme 2016

A.S. Watson Group received three silver awards in the website stream category under the Web Accessibility Recognition Scheme 2016

Tractor Supply Company Sales Increased 10.2% to $1.47 Billion in First Quarter

BRENTWOOD, TN, 2016-Apr-22 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced financial results for its first quarter ended March 26, 2016.

First Quarter Results
Net sales increased 10.2% to $1.47 billion from $1.33 billion in the prior year’s first quarter. Comparable store sales increased 4.9% compared to a 5.7% increase in the prior year period. The increase in comparable store sales was driven by an increase in both traffic and ticket, with comparable store transaction count increasing 4.2% and average ticket increasing 0.7%. Sales were broad-based, with all of our major product categories and geographic regions generating positive comparable store sales. Solid performance in consumable, usable and edible (C.U.E.) products, specifically pet and livestock consumables benefited sales. Seasonal products including lawn and garden, riding lawn mowers and fencing also performed very well, driven in part by early spring weather in the first quarter of 2016.

Gross profit increased 11.2% to $494.4 million from $444.6 million in the prior year’s first quarter, and gross margin improved to 33.7% compared to 33.4% in the prior year period. The increase in gross margin was driven primarily by improved merchandise margin, which was partially offset by increased transportation costs. The improvement in merchandise margin resulted principally from our key margin initiatives of price management, imports and exclusive brands as well as cost negotiations and vendor support programs.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 9.8% to $386.2 million from $351.8 million in the prior year period. As a percent of net sales, SG&A decreased by 10 basis points to 26.3%. SG&A benefited from the strong comparable store sales increase and effective expense control and payroll management.

Net income increased 16.6% to $67.7 million from $58.0 million and diluted earnings per share increased 19.0% to $0.50 from $0.42 in the first quarter of the prior year.

The Company opened 36 new stores and closed three stores, all of which were Del’s stores, in the first quarter of 2016 compared to 41 new store openings and one store closure in the prior year period.

Greg Sandfort, President and Chief Executive Officer, stated, “We are pleased with our results and execution in the first quarter. Comparable store sales increased 4.9% and were balanced across product categories and regions. We know the seasons and weather can influence the timing of when our customers buy certain products, but we also know it is our job to manage the business accordingly. Once again, the team did an excellent job and we believe our first quarter results demonstrate the resiliency of our business model.”

Mr. Sandfort continued, “Although we are off to a solid start in the first quarter, we recognize the importance of the spring selling season to our first half performance. We believe we have the inventory, people and processes in place to continue to meet the needs of our customers and drive our business.”

Fiscal 2016 Outlook
The Company is reiterating the following guidance for the results of operations expected for fiscal 2016:

Net Sales $6.9 billion – $7.0 billion
Comparable Store Sales 3.5% – 5.0%
Net Income $455 million – $467 million
Earnings per Diluted Share $3.40 – $3.48
Capital   Expenditures $230 million – $250 million

Included in this forecast are additional expenses related to the first year of operations for the new Casa Grande, Arizona distribution center and the continued transition of the Company’s Del’s stores to Tractor Supply stores. The forecast also considers the impact of the additional 53rd week in fiscal 2016. Anticipated capital expenditures include spending to support 115 – 120 new store openings.

Conference Call Information
Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly and full year results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At March 26, 2016, Tractor Supply Company operated 1,521 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives and new store and distribution center openings in future periods. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, general economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute our key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on our business, competition, weather conditions, the seasonal nature of our business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of our information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR
Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

10 essays written by the winners of Chipotle’s 2015 “Cultivating Thought” student essay contest will be featured on Chipotle’s cups and bags

DENVER, 2016-Apr-22 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE: CMG) has announced the fourth and final installment of its “Cultivating Thought” author series, which will begin arriving in restaurants around the country today. The final round of packaging will feature 10 essays written by the winners of Chipotle’s 2015 “Cultivating Thought” student essay contest.

The “Cultivating Thought” author series began in May 2014 in partnership with New York Times best-selling author Jonathan Safran Foer(“Extremely Loud and Incredibly Close,” “Eating Animals,” “Everything Is Illuminated”), as a way to feature original essays written by influential thinkers, authors, actors and comedians on its restaurant packaging. The program has featured 30 famed contributors, includingJudd Apatow, Michael Lewis, Paulo Coelho, Amy Tan, Lois Lowry, Stephen Dubner, Laura Hillenbrand, Sue Monk Kidd, and many others who have created stories for Chipotle’s packaging that are meant to entertain and challenge customers.

“Packaging in fast food restaurants is typically sold to advertisers, or used to promote new limited-time menu items, but we have never used our packaging that way,” said Mark Crumpacker, chief creative and development officer at Chipotle. “Instead, we have used it to entertain our customers using wit, humor and design. Our ‘Cultivating Thought’ author series has allowed customers to connect with a great selection of entertaining and thought-provoking authors they may not otherwise have encountered.”

The 10 students featured on Chipotle’s final round of “Cultivating Thought” packaging were the grand prizewinners of Chipotle’s “Cultivating Thought” essay contest. The contest, which was judged by Foer, invited middle and high school students to submit a 1,700-character essay about a time when food created a lasting memory. Among the thousands of essays submitted, the 10 grand prizewinners were chosen based on their originality, creativity, quality of composition and use of theme. In addition to having their essays featured on Chipotle’s packaging, the 10 winners received $20,000 each to support their continuing education.

The winners are:

  • Abigail Alford, 17, Spring Hill, Tennessee
  • Alec Smith, 18, Tucson, Arizona
  • Anam Adil, 14, Westmont, Illinois
  • August Hagemann, 17, Fort Wayne, Indiana
  • David Rhoads, 18, Magnolia, Texas
  • Fue Xiong, 17, St. Paul, Minnesota
  • Marianne Hughes, 17, Elizabeth, Colorado
  • Marilyn Juarez, 17, Los Angeles
  • Sophia Torres, 16, Marco Island, Florida
  • Tori Brown, 15, Fairfax, California

The “Cultivating Thought” packaging is available in many Chipotle restaurants starting today and will be arriving in all restaurants in the coming weeks. For more information about “Cultivating Thought,” please visit chipotle.com/cultivatingthought.

ABOUT CHIPOTLE
Steve Ells, founder, chairman and co-CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through our vision of Food With Integrity, Chipotle is seeking better food from using ingredients that are not only fresh, but that — where possible — are sustainably grown and raised responsibly with respect for the animals, the land and the farmers who produce the food. In order to achieve this vision, we focus on building a special people culture that is centered on creating teams of top performers empowered to achieve high standards. This people culture not only leads to a better dining experience for our customers, it also allows us to develop future leaders from within. Chipotle opened with a single restaurant in 1993 and operates more than 2,000 restaurants, including Chipotle restaurants outside the US and ShopHouse Southeast Asian Kitchen restaurants, and is an investor in an entity that owns and operates Pizzeria Locale restaurants. For more information, visit Chipotle.com.

Source: Chipotle Mexican Grill

Chipotle Mexican Grill
Chris Arnold, 303-222-5912
carnold@chipotle.com

Unibail-Rodamco’s €1.0 billion of bonds issuance attracted more than €5 billion of demand in less than 2 hours

Paris, Amsterdam, 2016-Apr-22 — /EPR Retail News/ — Unibail-Rodamco has successfully placed two bonds of which:

  • A €500 Mn bond with an 11-year maturity and a 1.125% coupon;
  • A €500 Mn bond with a 20-year maturity, the longest maturity ever for a real estate company in the Euro market, and a coupon of 2.0%.

These issuances attracted more than €5 billion of demand in less than 2 hours.

The Group also simultaneously launched a tender offer on 8 of its existing bonds maturing in June 2017, December 2017, August 2018, October 2018, March 2019, November 2020, February 2021 and June 2023. The tender offer period is expected to end April 26, 2016.

These transactions are part of the proactive management of Unibail-Rodamco’s balance sheet, which aims to extend the average maturity of its debt and optimize its cost of debt.

For further information, please contact:

Investor Relations
Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Zeineb Slimane
+33 1 76 77 57 22
zeineb.slimane@unibail-rodamco.com

Antoine Onfray
+33 1 53 43 72 87
antoine.onfray@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €37.8 billion as of December 31, 2015. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 1,996 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.

The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.

The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor’s and FitchRatings. For more information, please visit our website: www.unibail-rodamco.com

Stella McCartney launches the POP capsule collection to celebrate her new fragrance

LONDON, 2016-Apr-22 — /EPR Retail News/ — POP is about a mindset rather than an individual woman. Bold. Authentic. Irreverent. In celebration of the launch of her new fragrance, POP, Stella McCartney launches the POP capsule collection with designs inspired by the free spirited attitude of the young women who wear it; a new generation of girls who are coming into their own and are about to POP. The spirit of POP is also echoed in the campaign and video that supports the launch, which celebrates friendship and doing things your own way. The campaign stars four creative talents who are strong on their own, but even stronger together, girls that represent today’s new generation of determined women, and embody a modern liberated approach to beauty.

Included in the collection are iconic Stella McCartney designs; the Elyse shoe and the Falabella bag, as well as a t-shirt, scarf, sunglasses and key rings. Each piece of the collection echoes the minimalist bottle design and vivid pink tones of POP. The playful cat eye sunglasses and the mini cross body Falabella in hot pink both feature the signature chain hardware in a tonal pink. The Elyse shoe with sustainable wood platform features metallic pink stars that mirror the shade of the POP bottle’s medallion cap. The t-shirt and the scarf are adorned with the POP medallion motifs in varying shades of pink. Two different plexi key chains, a Stella McCartney medallion and a neon laser cut” POP” complete the collection.

The POP collection will be available in stores from April 7that select Stella McCartney boutiques and www.stellamccartney.com

 About Stella McCartney
Stella McCartney is a 50/50 joint venture partnership between Ms. Stella McCartney and Kering established in 2001. A lifelong vegetarian, Stella McCartney does not use any leather or fur in her designs. The brand’s ready-to-wear, accessories, lingerie, fragrance, kids and adidas by Stella McCartney collections are available through 49 other free-standing stores including London, New York, Los Angeles,

SOURCE: Stella McCartney Ltd

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Stella McCartney launches the POP capsule collection to celebrate her new fragrance

Stella McCartney launches the POP capsule collection to celebrate her new fragrance

SSM Health to operate 27 retail health clinics within Walgreens stores across the St. Louis region including four clinics in Illinois

Walgreens and SSM Health expand relationship to further coordinate patient care

DEERFIELD, Ill. & ST. LOUIS, 2016-Apr-22 — /EPR Retail News/ — Walgreens and SSM Health have signed an agreement to expand their relationship, through which SSM Health will own and operate the clinical practice and management of operations of 27 retail health clinics within Walgreens stores across the St. Louis region, including four clinics in Illinois.

The clinics will transition to SSM Health this fall, at which time the clinics will become an extension of the SSM Health Medical Group. Upon transition, the sites will be renamed SSM Health Express Clinic at Walgreens. Walgreens will continue to manage the existing Walgreens Healthcare Clinics in these locations until that time.

SSM Health Express Clinic at Walgreens will give consumers improved access to the compassionate, high-quality care provided by SSM Health.

“This collaboration is an important step in SSM Health’s commitment to improving the health of our community,” said James Bleicher, MD, regional president of the SSM Health Medical Group and ambulatory services in St. Louis. “By combining the convenience of Walgreens locations with the personalized care and expertise of the SSM Health Medical Group, we will provide a seamless health care experience for our patients. This means care that is truly integrated whether you visit an SSM Health physician, hospital, urgent care or Express Clinic at Walgreens.”

As part of the agreement, Walgreens and SSM Health will form a joint council to share best practices and experiences that improve patient care, quality and satisfaction while reducing health care costs.

“Today’s announcement is another example of how providers can work together to help improve population health while helping to ensure a continuum of care for patients in the community,” said Pat Carroll, MD, chief medical officer for Walgreens Healthcare Clinics. “This also demonstrates the value of deeper health system collaborations which can facilitate the transition of retail health clinics from urgent, episodic care to more coordinated care.”

Walgreens is a provider of pharmacy services for SSM Health patients and employees and the two organizations will explore opportunities to integrate other Walgreens services as part of the broader collaboration.

SSM Health Express Clinics at Walgreens will operate seven days a week, including evenings, which gives patients the option to access a variety of health care services without an appointment.

About Walgreens
Walgreens (www.walgreens.com), one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise. More than 8 million customers interact with Walgreens each day in communities across America, using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens operates 8,173 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens digital business includes Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic and provider practice locations around the country.

About SSM Health
SSM Health is a Catholic, not-for-profit health system serving the comprehensive health needs of communities across the Midwest through one of the largest integrated delivery systems in the nation. SSM Health – St. Louis operates 8 hospitals, 12 urgent care locations and more than 40 medical offices in the area. One of the largest employers in St. Louis, SSM Health is recognized as one of the Best Places to Work by the St. Louis Business Journal. For more information, visit us at www.ssmhealth.com or find us on Facebook and Twitter.

Contact(s)

Media Contacts
Emily Hartwig, Walgreens
847-315-3316
Emily.hartwig@walgreens.com
or
Jason Merrill, SSM Health
314-602-8124
Jason_merrill@ssmhc.com

METRO Cash & Carry Germany announces Thomas Storck as Chairman of the Management Board

Düsseldorf, Germany, 2016-Apr-22 — /EPR Retail News/ — METRO Cash & Carry Germany today announces a change in its leadership structure: Thomas Storck, current Chief Solution Officer (CSO & CIO) and member of the Operating Board of the METRO Cash & Carry Holding (MCC), will become with immediate effect Chairman of the Management Board of METRO Cash & Carry Germany. Storck will replaceAxel Hluchy, who is leaving the METRO GROUP of his own accord.

“Thomas Storck is the perfect fit for the challenges that our business in Germany will face in the future”, said Pieter Boone, CEO of METRO Cash & Carry and Chairman of the Supervisory Board of METRO Cash & Carry Germany.”Thomas Storck has a wealth of experience in wholesale and retail and in the transformation of trading formats, and possesses a broad spectrum of skills in Buying, Finance, IT and Logistics. He is also an expert in digitalization and multi-channel trade, an important area for our future activities. With his broad competence, management skills and experiences in the industry, Thomas Storck will lead MCCD’s journey on further increasing the multi-channel focus on our core customers from the Hotel, Restaurant and Catering business as well as from the Traders and Services area.”

“Meanwhile, we wish to thank Axel Hluchy for his contribution to and engagement at METRO”, Boone added. “We are losing a long-serving, strongly committed and successful manager, who has accomplished a lot both internationally and in Germany.” Axel Hluchy (51) departs METRO GROUP voluntarily in order to further pursue his career outside of the organization, after around 19 years of successful activity in a range of leading positions for instance as Managing Director of MCC Ukraine as well as of Czech Republic and Slovakia.

Thomas Storck (47) has been active in various functions in the trading sector for 20 years. He was previously on the Board of METRO Cash & Carry Germany as Chief Financial Officer (CFO) between 2002 and 2007, before becoming Chief Innovation Officer (CIO) at METRO AG. Between 2008 and 2014, Storck was a member of the Board ofGALERIA Kaufhof GmbH, initially responsible for Finance, Logistics and IT and subsequently for Buying, Sustainability and Multi-Channel. In October 2014 he moved to METRO Cash & Carry as Chief Solution Officer (CSO & CIO), and in May 2015 he took the step up to fulfil the same role as a member of the Operating Board. In addition to his career atMETRO GROUP, Thomas Storck from 2000 to 2002 gained experience as Chief Financial Officer at the Silicon Valley online purchasing platform GlobalNetXChange.

A decision around Thomas Storck’s replacement as CSO & CIO will be made shortly.

METRO GROUP is one of the most important international retailing companies. It generated sales of some €59 billion in financial year 2014/15. The company operates over 2,000 locations in 29 countries and employs more than 220,000 people. The performance of METRO GROUP is based on the strength of its sales brands, which act independently on the market: METRO/MAKRO Cash & Carry, the international leader in the self-service wholesale trade; Media Markt and Saturn, the European market leader in consumer electronics retailing; and Real hypermarkets.

Contact Media Department

Telephone: +49 211 6886-4252
Telefax: +49 211 6886-2001

E-Mail METRO GROUP: presse@metro.de

Tesco and Kenyan produce growers partnership to save 135 tonnes of bean crop from going to waste each year

  • New initiative will save 135 tonnes of edible fine bean crop from going to waste each year and result in fresher food for customer
  • The move is one of several measures by Tesco and its suppliers to utilise as much of the fruit and vegetable crop as possible

CHESHUNT, England, 2016-Apr-22 — /EPR Retail News/ — A new partnership between Tesco and Kenyan produce growers will save 135 tonnes of edible fine bean crop from going to waste each year – with Tesco shoppers set to benefit from a fresher product.

Until recently, growers were required to deliver fine beans within a specific size range and to trim them before being packed and shipped to the UK.

This move was originally made as a convenience measure to help customers, but after listening to them Tesco found they’d prefer the beans uncut.

So as part of an ongoing review of its food sourcing policy, Tesco has widened the length specifications and stopped the trimming procedure, resulting in the huge waste saving.

The new length specifications will also mean customers will be able to benefit from a fresher, uncut product, meaning less food waste in the home.

Tesco Commercial Director for Fresh Food Matt Simister said: “We have listened to our customers who have told us that they want great tasting, quality fresh produce over uniformed sizing.

“This new partnership with our growers in Kenya is a great example of how we are delivering on that promise to customers while also ensuring we prevent food that could be eaten, going to waste.

“Our overall aim is to use as much of the edible crop as possible. In some cases, we believe that our specifications – such as with the fine beans – can be widened to accommodate more of the crop.

“If there is a surplus, we will work with suppliers to find an outlet – for example, by connecting our growers with our fresh and frozen suppliers for it to be used in foods such as ready meals.” 

The opportunity to provide customers with a fresher, uncut product was identified by Tesco’s Agricultural Hubs’ and the supermarket’s suppliers, Flamingo Produce.

The ‘Agricultural Hubs’, have been set up by Tesco in different parts of the world including Spain, France, Chile, Peru, Costa Rica and South Africa. They are staffed by trained agronomists and act as Tesco’s eyes and ears on the ground, providing insight on levels and causes of farm waste.

As a result of the new measures being adopted, 15 per cent of the bean will no longer go to waste.

Added Matt Simister: “We’ve also improved how we forecast and order to help producers cut down on waste by only growing and harvesting what is required.

“In the case of Kenyan fine bean growers we have overhauled the ordering process. This means the beans can be sent straight to our distribution centres, cutting time out of the supply chain and providing customers with a fresher product.”

Last month Tesco also launched its ‘Perfectly Imperfect’ range.  The range sees the supermarket now selling produce which traditionally fell outside its size specifications.

The first products introduced are parsnips, potatoes, strawberries and apples and Tesco aims to extend the range to between 15 and 20 seasonal lines throughout the year, taking into account crop flushes.

ENDS

Note to editors:

Recent Tesco achievements in helping reduce food waste

  • Giving customers up to two days extra food freshness through a scheme that cuts out a food packing stage in the journey from farm to fork.
  • Tesco works in partnership with Fareshare and FoodCloud to ensure that surplus food in stores goes to people in need. The aim is to never throw away food that could be eaten: if it can’t be sold, it will be offered to charities and community groups to feed people in need. By 2017 Tesco will roll out Community Food Connection to all of its UK stores.
  • Community Food Connection with FareShare FoodCloud is the latest innovation in Tesco’s work with FareShare on the provision of surplus food.
  • The partnership has included activities which make food available from the Tesco supply chain, distribution centres and Dotcom centres. This has seen 4.5 million meals of surplus food donated to support nearly 2,000 charities and community groups across the UK.

For more information please contact the Tesco Press Office on 01707 918 701
We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

SSP awarded £41 million contract to operate nine bakery and snack outlets at Frankfurt Airport

LONDON, 2016-Apr-22 — /EPR Retail News/ — SSP, a leading operator of food and beverage brands in travel locations worldwide, has won a five-year contract valued at approximately £41 million to operate nine bakery and snack outlets at Frankfurt Airport. The new units, which are located both landside and airside in the airport’s Terminal 1, will open between 2016 and 2018.

The win will see the company open seven new units featuring well-known German premium bakery chains including Ditsch and two Heberer Traditional Bakeries which will be located airside, as well as one Wiener Feinbäcker Heberer located landside. In addition, two well-known bakery names, German high-street favourite self-service bakery Backwerk and two outlets of French-inspired premium brand Le Crobag, will make their first appearance at Frankfurt Airport. It will also continue to operate two existing SSP outlets – a mobile perfect day café and bakery Kamps Backstube.

Ute Pohl, senior vice president of airport retailing at Fraport, the operator of Frankfurt Airport said; “This new venture underscores SSP’s role as a strong partner, which has the capability and knowledge to understand the needs of our customers. SSP’s ability to enhance the units with a stronger take away focus, as well as high levels of food service and operational excellence will undoubtedly drive sales in this very busy terminal.”

Cornelius Everke, CEO of SSP DACH and FRABEL, said; “SSP’s well-balanced brand offer, meeting the needs of all relevant customer groups at the terminal, was instrumental in securing the new deal. SSP has operated at Frankfurt Airport for almost a decade, and we are delighted to be building on our relationship with the team here. The brand mix we proposed for this initiative was precisely tailored for Frankfurt, and contains an outstanding line-up.”

SOURCE:  SSP Group plc

If you are a journalist and have a press enquiry, please call Templemere Public Relations on +44 (0) 1306 735574 or press.office@ssp-intl.com

Nordstrom announces changes to its operating model

SEATTLE, Wash., 2016-Apr-22 — /EPR Retail News/ — Nordstrom, Inc. (NYSE: JWN) today shared with its employees that in order to continually evolve with the expectations of its customers, ensure it is best positioned to respond to the current business environment, and meet long-term growth plans, the company is making a number of changes to its operating model. The company is expecting that approximately 350 to 400 positions will be reduced through a phased approach. These positions will primarily be in its Corporate Center and regional support teams, and the process should be completed by the end of the second quarter. In an effort to minimize impacts on current employees, the company will first look at options such as closing unfilled open positions. Employees whose roles are eliminated will receive separation pay and benefits. These changes are estimated to generate savings of approximately $60 million in fiscal 2016.

Changes to the operating model are part of the company’s broader strategic plans to strengthen its foundation for future growth and improve productivity and service. The company has previously shared that it is continuing to make fundamental changes to serve customers better by leveraging its enterprise capabilities. Initiatives include a new operating model in its Technology group focused on strengthening its ability to deliver on e-commerce and digital initiatives, and proactively addressing opportunities to improve supply chain and marketing effectiveness.

“We will never change our commitment to serving customers, but recognize how they want to be served has been changing at an increasingly rapid pace,” said Blake Nordstrom, co-president, Nordstrom, Inc. “Meeting our customers’ expectations means we must continually evolve with them. We see opportunities to create a more efficient and agile organization that ensures we’re best positioned to achieve our goals.”

The financial impact of these strategic initiatives has been incorporated in the company’s financial outlook that was provided on February 18, 2016.

About Nordstrom, Inc.
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 326 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 197 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

INVESTOR CONTACT: Trina Schurman
Nordstrom, Inc.
(206) 303-6503
MEDIA CONTACT: Tara Darrow
Nordstrom, Inc.
(206) 303-3016

SOURCE Nordstrom, Inc.