Sainsbury’s partners with ReFood to power supermarkets by green gas

London, 2016-May-06 — /EPR Retail News/ — Produced entirely from waste food, the energy generated over the past year alone is enough to power 5,000 homes*, or 10% of Sainsbury’s entire national gas consumption for the year, with ReFood having supplied the retailer with almost 50 million KWh of biomethane gas to date.

As part of the agreement, food waste is collected from Sainsbury’s’ two depots in Sherburn-in-Elmet and Haydock, before being converted into gas, heat and fertiliser at ReFood’s state-of-the-art anaerobic digestion (AD) processing facilities.

The green gas is then exported to the national gas grid by ReFood and, through a third party, is imported by Sainsbury’s stores nationwide – being used to generate carbon-neutral electricity for power and heating. The agreement is one of the largest of its kind in the UK, seeing ReFood supplying both green gas and supporting certification.

As a result of the partnership, ten stores have already significantly increased their use of renewable energy, while lowering utility bills. The partnership also helps to deliver Sainsbury’s commitment to send zero operational waste to landfill, by finding a use for inedible waste products. All surplus edible food is donated to local charity partners.

Commenting on the project, Paul Densham, utilities buyer at Sainsbury’s, said:“Increasing the sustainability of our UK stores is a key corporate priority and we’re making great progress in our drive to reduce food waste across the business. Working in partnership with ReFood allows us to effectively recycle our food waste while creating green gas.

What’s more, it sits well alongside our wider sustainability goals, such as working with food redistribution charities and prioritising sustainable transport strategies. The project has helped us to become a market leader in sustainability and waste reduction, ensuring that we send zero waste to landfill – a promise we’ve been able to make for some years now.”

Philip Simpson, commercial director at ReFood, added: “Using our national network of processing plants, we’ve provided a truly sustainable solution for stores across the UK.

Generating a significant volume of green gas in result, the partnership has enabled Sainsbury’s to use less fossil fuels, minimise utility bills and eliminate unnecessary food waste disposal. What’s more, with a highly effective sustainable biofertiliser also generated via the AD process, stores nationwide are working together to effectively close the food supply chain – from farm to fork and back again.”

Anaerobic digestion is a natural process where organic materials are broken down by naturally occurring micro-organisms. This releases biogas that can be used to generate renewable heat and power, helping to reduce dependence on fossil fuels, while minimising greenhouse gas emissions.

For more information about the project, or to find out more about ReFood’s innovative food waste collection and recycling services, visit www.refood.co.uk. For more information on Sainsbury’s commitment to sustainability, visit www.j-sainsbury.co.uk/responsibility.

* The volume of green gas created by the partnership is enough to have continually powered 5,000 homes for a year.

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Sainsbury’s partners with ReFood to power supermarkets by green gas

Sainsbury’s partners with ReFood to power supermarkets by green gas

 

Contact:
For corporate press enquiries please contact press_office@sainsburys.co.uk or call 020 7695 7295.

Source: Jsainsbury store

StubHub unveils new vision and brand identity with focus on enriching lives within the “experience economy”

San Jose, California, 2016-May-06 — /EPR Retail News/ — Recognizing that the richest moments in life are becoming less about the things people own and more about the experiences they share, StubHub today unveiled a new vision and brand identity.

From sharing in the anticipation before an event to posting photos online after an encore, experiences have become the new social currency. This phenomenon is creating a new ‘experience economy*,’ where the inspiration and energy from an event, along with shared experiences, have an enormous impact on how people choose to spend their time.

For StubHub, the experience economy represents an opportunity to evolve the company’s strategic direction and double down on four key pillars: mobile, social, personal, and global. StubHub understands** that today’s consumers are increasingly turning to mobile devices to research events, make purchases and enter venues; they are tapping into social media to share their emotions and connect with each other during the event itself; and they expect a personalized experience that is tailored to their interests, with relevant content surfaced to them. These changes are occurring on an unprecedented global scale.

“The live events industry continues to evolve alongside a new experience economy, which places a premium on connecting to one-of-a-kind experiences and sharing memories with each other,” said Scott Cutler, president of StubHub. “StubHub’s new vision reflects our approach to these preferences and behaviors, and how StubHub is charting a path to be more mobile, social, personal and global.”

In alignment with this strategy, StubHub today announced a holistic update to its brand identity, along with plans to execute a strategic, multi-channel brand campaign. The rebranding includes impactful aesthetic changes to convey the feeling and anticipation that only comes with live experiences, including a more contemporary and globally relevant logo; updated design elements that convey more emotion and energy; and a bolder, more flexible and dynamic color palette. The StubHub word bubble is now used to express the range of audience emotions and desires, and is symbolic of the stories that fans will share around an event.

The design elements within StubHub’s new identity were also created to connect the brand to a wider variety of audiences across more genres than StubHub has traditionally been known for, and to be more partner-friendly within the industry.

“StubHub’s new look illustrates our role in the experience economy for consumers, partners and performers, and better represents the needs of a global audience with diverse interests around meaningful, memorable live experiences,” said Jennifer Betka, CMO at StubHub. “We are moving from a static world where the majority of the event experience was done offline – to a dynamic space in which nearly everything about an experience is shared. Our new identity reflects StubHub’s vision to help connect people to the events that inspire rich, shareable memories.”

StubHub’s global marketing campaign, which launches today, highlights how StubHub can connect consumers with the inspiration and unique experiences that come from breaking out of the everyday. The campaign includes radio and digital tactics in the U.S., Canada, the UK and Germany, as well as cinema and out-of-home in the U.S., the U.K. and Germany. StubHub will also run a new TV advertising campaign in the U.S which will launch May 9.

StubHub’s new global identity arrives on the heels of a series of initiatives that centered around driving stronger connections with consumers, and appealing to diverse audiences. In early 2016, StubHub announced new partnerships, including Jennifer Lopez’s “All I Have” residency in Las Vegas and the first blended ticket marketplace with the NBA’s Philadelphia 76ers; in February, StubHub rolled out a new ticket recommendation and best value sorting feature; and in late March, StubHub launched “virtual view” for several event venues, a virtual-reality, 360-degree, panoramic view from the sections where fans are thinking of buying tickets. These moves pave the way for future features that will include social planning and a shopping cart that allows consumers to bundle different types of purchases.

*Wikipedia, The Experience Economy

**StubHub: Year in Live Events, 2015

:https://youtu.be/rhMya41Vsk8

Contacts:

eBay
United States: press@ebay.com
Canada: canada.press@ebay.com

Source: ebay

Sweden-based AI, machine learning and big data analytics company Expertmaker acquired by eBay

San Jose, California, 2016-May-06 — /EPR Retail News/ — Today, eBay announced it has agreed to acquire Sweden-based Expertmaker, which specializes in providing intelligent solutions powered by artificial intelligence (AI), machine learning and big data analytics. Expertmaker has been a partner of eBay’s since 2010, most recently helping with eBay’s structured data initiative. Financial terms of the acquisition were not disclosed.

Upon the close of the transaction, Expertmaker’s employees will join eBay’s structured data product and technology team.  Expertmaker’s Founder and CEO, Lars Hard, will join as Director, Data Science reporting into Amit Menipaz’s organization.

“As a part of eBay, Expertmaker’s technology, expertise and talented engineers will play an important role in helping advance eBay’s structured data initiative,” said  Vice President and General Manager of Structured Data at eBay. “eBay’s structured data effort is a multi-year journey, and we believe the innovation and significant expertise that Expertmaker brings to eBay will help us build a best-in-class product catalog and in turn better serve our customers.”

“Expertmaker is excited to join the eBay team, bringing innovative artificial intelligence, machine learning and large-scale optimization technology to eBay’s structured data initiative,” said Lars Hard, Founder and CEO of Expertmaker. “In partnership with eBay, we will be able to transcend traditional machine learning approaches to create adaptive and learning solutions using the Expertmaker platform.”

eBay remains focused on driving the best choice, the most relevance and the most powerful selling platform for its customers. One component of eBay’s strategy to drive the most relevance is its shift to be more product-based.  With this initiative, which eBay calls structured data, the company is organizing its vast inventory in order to better aggregate insights into supply and demand. This structured data foundation will allow eBay to build better user experiences and improve discoverability.

With over 900 million listings on eBay, there are three key efforts that comprise eBay’s structured data initiative: collect the data; process and enrich the data; and create product experiences.  Expertmaker will contribute to data processing and enrichment, specifically with respect to product attribute normalization.

Expertmaker was founded in 2006 by Lars Hard. Prior to Expertmaker, Hard was involved in founding a variety of startups with a focus in advanced AI, machine learning, math and big data, including Lytics.ai and Dragonfire Research. Hard will continue to lead his team as a part of eBay and serve as a visiting lecturer at Lund University in Sweden.

Contacts:
eBay
United States: press@ebay.com
Canada: canada.press@ebay.com

Source: ebay

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SWEDEN-BASED AI, MACHINE LEARNING AND BIG DATA ANALYTICS COMPANY EXPERTMAKER ACQUIRED BY EBAY

SWEDEN-BASED AI, MACHINE LEARNING AND BIG DATA ANALYTICS COMPANY EXPERTMAKER ACQUIRED BY EBAY

USDA’S FSIS: The Grey Plume Provisions recalls 471 pounds of charcuterie meat products

WASHINGTON, 2016-May-06 — /EPR Retail News/ — The Grey Plume Provisions, LLC, an Omaha, Neb. establishment, is recalling approximately 471 pounds of charcuterie meat products that were produced, packaged, and distributed without the benefit of federal inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The salami, soppressata, pepperoni, and chorizo items were packaged on multiple dates between Aug. 4, 2015 and Feb. 11, 2016.

The following products are subject to recall: [

  • 1-lb. packages of “Dill Black Pepper Salami” with Batch #008 and “Best if used by” date of Nov. 11, 2016 listed on the label.
  • 1-lb. packages of “Fennel Salami” with Batch #004, Batch #005, Batch #006, and/or Batch #007 and “Best if used by” dates of June 22, 2016, Sept. 30, 2016, and/or Oct. 1, 2016 listed on the label.
  • 1-lb. packages of “Pepperoni” with Batch #005 and “Best if used by” date of May 4, 2016 listed on the label.
  • 1-lb. packages of “Herbes De Provence Salami” with Batch #005, and/or Batch #006 and “Best if used by” dates of May 10, 2016 and/or Sept. 29, 2016 listed on the label.
  • 1-lb. packages of “Soppressata” with Batch #005 and “Best if used by” date of May 4, 2016 listed on the label.
  • 1-lb. packages of “Red Wine Garlic Salami” with Batch #005, and/or Batch #006 and “Best if used by” dates of May 4, 2016 and/or Sept. 30, 2016 listed on the label.
  • 1-lb. packages of “Gin and Juice Salami” with Batch #004 and “Best if used by” date of Sept. 26, 2016 listed on the label.
  • 1-lb. packages of “Chorizo” with Batch #006 and “Best if used by” date of Sept. 29, 2016 listed on the label.
  • 1-lb. packages of “Kaffir Lime Salami” with Batch #002, Batch #004, and/or Batch #005 and “Best if used by” dates of July 26, 2016, March 26, 2016 and/or Oct. 21, 2016 listed on the label.

The products subject to recall do not bear the USDA mark of inspection and were shipped to wholesale locations in Iowa and Nebraska.

FSIS was alerted of charcuterie meat products produced without the benefit of federal inspection by the Iowa Department of Agriculture.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about a reaction should contact a healthcare provider.

Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers and media with questions about the recall can contact Provisions by The Grey Plume at (402) 934-7690.

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

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

Contact:
Congressional and Public Affairs
Kristen Booze
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

SSP announces three outlets scheduled to open at Bergen Airport

London, 2016-May-06 — /EPR Retail News/ — SSP, a leading operator of food and beverage brands in travel locations worldwide, has announced details of the three outlets it is scheduled to open at Bergen Airport following the company’s first contract win at the airport since it opened in 1955.

The featured brands are O’Learys, Upper Crust and Point. All three already have a successful track record in Norway, and have proven highly popular at other international travel hubs in Scandinavia, such as Oslo Airport, Trondheim Airport and Tromsø Airport in Norway and Copenhagen Airport in Denmark and Stockholm Airport in Sweden. The new development is part of a project to double the commercial area of the airport in order to to provide improved and more diverse options to travellers. The new outlets are due to open in 2017.

Commenting on the deal, Morten Solberg Nilsen, managing director of SSP Norway and Denmark said; “We are delighted that SSP is now a part of the offer Bergen Airport and are pleased to introduce some of our most successful brands to its customers. At Bergen Airport, travellers tend to spend a larger than average percentage of their time at the terminal, and we know that our offer will cater to their needs and allow them to make the most of their time at the airport. We look forward to building on our relationship with Bergen Airport and hope to contribute further to the development of the F&B offer in the future.”

Bergen is the second largest city in Norway and is home to Norway’s second largest airport.

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

Source: SSP

British Retail Consortium: We’ve seen three years of falling shop prices

  • Overall shop prices reported deflation of 1.7% in April, unchanged from the decline seen in March. This is in-line with the 12-month average
  • Non-food deflation accelerated to 2.9% in April from the 2.6% fall in March. This is deeper the 12-month average of -2.7%
  • Food returned to inflationary territory in April, up 0.1% compared with the 0.4% decline in the previous two months
  • Fresh Food reported annual deflation of 0.5%, slowing from the 0.9% decline seen in March
  • Ambient Food inflation rose further in April, up 1.0% from the 0.4% rise in March. This is above the three-month average of 0.5% and the 12-month average of 0.8%

London, 2016-May-06 — /EPR Retail News/ — Helen Dickinson OBE, Chief Executive, British Retail Consortium

“This month marks an important anniversary for retailers and shoppers alike. We’ve seen three years of falling shop prices, with prices falling by 1.7% in April compared to a year earlier. The thirty-six consecutive months of price falls is being driven by intense competition across the industry. It has knock on implications for margins and profitability given the combination of continued investment in digital and rising cost pressures, compounded by recent policy announcements. Ensuring they do not pass on these cost increases, alongside the intensity of competition in the market, are the principal reasons why retailers continue to respond to their customers’ demands for value. As this month’s figures show, this has helped shoppers and kept inflation (and therefore interest rates) low to betterment of the UK economy.”Food prices rose a fraction (0.1%), marking the fourth time over the last 10 months. While the prices for fresh goods fell 0.5%, the ambient category rose 1.0%.”Non-food prices marked the thirty-seventh month of deflation, with prices falling 2.9% during the month. Excellent bargains were to be found in clothing and footwear, electricals and furniture and floorcovering. Clothing and footwear saw a significant fall of 7.1%, highlighting the heavy discounting in the run up to the summer season.”Hopefully today’s anniversary of falling prices will be a strong remedy to consumer confidence which has weakened significantly since the beginning of the year.”

Mike Watkins, Head of Retailer and Business Insight, Nielsen
“Whilst some food prices have stabilised this month, this is partly due to external factors, and will probably be short term. The underlying trend in shop prices is downwards with continued price cutting by Supermarkets which is driving deflation. Further discounts may also be necessary on the high street as the cool spring has impacted the sales of many retailers, and an increase in the levels of promotion over the next few weeks to drive footfall is not out of the question.”

For Media Enquiries:
Bryan Johnston
British Retail Consortium
T 0207 854 8936
E Bryan.Johnston@brc.org.uk

Source: BRC

Wine.com announce the appointment of Tim Marson, MW, as the new senior buyer for California Wine

Former buyer Jonathan Han promoted to new role

SAN FRANCISCO, CA., 2016-May-06 — /EPR Retail News/ — Wine.com, the nation’s #1 online wine retailer, is pleased to welcome Tim Marson, MW, as the new senior buyer for California Wine. Jonathan Han, who handled the California purchasing for nearly 18 months, has been promoted to a new position overseeing pricing strategy and content. Marson will join the senior buying team comprised of Wendy Stanford and Chimo Boehm, who are 11-year and 16-year Wine.com employees, respectively.

Marson earned the distinction of Master of Wine from the Institute of Masters of Wine in 2009. Today he is one of 343 who hold this title; 38 are residents of the USA. Marson brings two decades of wine industry experience to Wine.com. Most recently, he was a senior buyer for Global Wine Co., a California-based wine club operator. Marson has also held positions in London with importers and wine merchants Bibendum Wine Ltd, Richards Walford & Co Ltd., and Wimbledon Wine Cellar Ltd.

“Tim Marson is an exceptionally talented individual with a great deal of experience and knowledge of the wine industry. His perspective in the marketplace and knowledge of consumer trends is excellently suited for continued growth in our wine selection,” says Wine.com founder and VP Merchandising, Michael Osborn. Osborn added, “In the past year, our customers have purchased more than 22,500 labels from our full and mobile websites. Our loyal customers have embraced our assortment growth and led us to our current offering of the world’s largest wine selection.”

About Wine.com
Wine.com is the nation’s leading online wine retailer, offering selection, guidance and convenience not found in brick and mortar stores.  The company provides its customers access to the world’s largest wine store, with live chat wine experts available 7 days a week on its mobile and full websites.

With multiple fulfillment centers and the most sophisticated retail wine distribution network in the United States, Wine.com delivers in 1-2 days to most locations, offering date-certain delivery and the convenience of shipping for pickup at over 2,000 FedEx Office locations.  The company’s popular StewardShip program provides unlimited wine delivery and exclusive access to new releases for $49 per year.

For more information, visit the company’s website at
http://www.wine.com.

Media Contact:
Gwendolyn Osborn
press@wine.com

Source: wine.com

Macerich CEO Arthur Coppola: The first quarter reflected continued strong performance

SANTA MONICA, Calif., 2016-May-06 — /EPR Retail News/ — The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended March 31, 2016, which included funds from operations (“FFO”)  diluted of $141.0  million or $.87 per share-diluted compared to $133.5 million or $.79 per share-diluted for the quarter ended March 31, 2015.

Net income attributable to the Company was $421 million or $2.76 per share-diluted for the quarter ended March 31, 2016 compared to net income attributable to the Company for the quarter ended March 31, 2015 of $24.6 million or $.15 per share-diluted.   Included in net income in the first quarter of 2016 results is a $434 million or $2.67 per share of gain, primarily from the sale of joint venture interests in four malls during the quarter.

A description and reconciliation of FFO per share-diluted to EPS-diluted is included in the financial tables accompanying this press release.

Results and Capital Highlights:

  • Mall tenant annual sales per square foot for the portfolio were $625 for the year ended March 31, 2016 compared to $607 for the year ended March 31, 2015.
  • The releasing spreads for the year ended March 31, 2016 were up 15.4%.
  • Mall portfolio occupancy was 95.1% at March 31, 2016 compared to 95.4% at March 31, 2015.
  • On March 1, 2016 the Company, in a 50/50 joint venture, closed on the purchase of Country Club Plaza in Kansas City, MO. The total purchase price was $660 million and the Company’s pro rata share of the purchase price was $330 million.
  • On April 13, 2016 the Company sold Capitola Mall for $93 million.
  • On April 19, 2016 the Company completed an accelerated stock repurchase program resulting in the retirement of 5.1 million shares of the Company at an average cost of $78.69.

“The first quarter reflected continued strong performance, as evidenced by the strength of our portfolio’s key operating metrics,” said Arthur Coppola, chairman and chief executive officer of Macerich.

“Furthermore, we were able to return capital to stockholders and continue to reinvest in our best assets at what we firmly believe is a significant discount to underlying property value through stock repurchases.

Looking ahead, the Company remains keenly focused on driving strong same-center net operating income growth, executing on its value-add redevelopment pipeline and achieving superior stockholder returns.”

Joint Ventures, Special Dividends and Stock Repurchase
In October, 2015 and January, 2016 the Company closed on previously announced joint ventures that included contributing eight properties, valued at$5.4 billion (at 100%), into separate joint ventures with GIC (40% interest in five assets) and Heitman (49% interest in three assets).

Cash proceeds to Macerich from the transactions totaled $2.3 billion, which included $1.1 billion of excess financing proceeds.  Part of the cash proceeds from the joint ventures was used in December, 2015 and January, 2016 to pay two special dividends of $2.00 each.

In addition, the Company has used a portion of the joint venture proceeds to complete a total of $800 million of share repurchases under the Company’s recently authorized $1.2 billion share repurchase program.

During a period from November 13, 2015 to January 19, 2016 the Company repurchased 5.11 million shares of Macerich common stock at an average share price of $78.26.  From the period of February 18, 2016 to April 19, 2016 the Company retired 5.08 million shares at an average price of $78.69.

Financing Activity:
Subsequent to the closing of the purchase of Country Club Plaza, a $320 million 10 year fixed rate loan with an interest rate of 3.85% was placed on the asset.

The Company has committed to a $375 million loan on The Shops at North Bridge.  The loan is a 12 year fixed rate loan with an interest rate of 3.68% that is expected to close in May, 2016.  It will pay off the existing loan of $189 million that has an interest rate of 7.50%.

2016 Earnings Guidance:
Management is reaffirming its previous estimate of diluted EPS and FFO per share guidance for 2016. A reconciliation of estimated EPS to FFO per share-diluted follows:
The only major assumption that changed in the guidance is that the sale of Capitola Mall in April and its dilutive impact on FFO has now been considered in the above guidance range.

Details of the guidance assumptions are included in the Company’s Form 8-K supplemental financial information.
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 55 million square feet of real estate consisting primarily of interests in 50 regional shopping centers. Macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona,Chicago, and the New York Metro area to Washington DC corridor.

Additional information about Macerich can be obtained from the Company’s website at www.macerich.com.

Investor Conference Call
The Company will provide an online Web simulcast and rebroadcast of its quarterly earnings conference call.  The call will be available on The Macerich Company’s website at www.macerich.com (Investors Section).

The call begins Wednesday, May 4, 2016 at 10:30 AM Pacific Time. To listen to the call, please go to the website at least 15 minutes prior to the call in order to register and download audio software if needed. An online replay at www.macerich.com (Investors Section) will be available for one year after the call.

The Company will publish a supplemental financial information package which will be available at www.macerich.com in the Investors Section.  It will also be furnished to the SEC as part of a Current Report on Form 8-K.

Note:  This release contains statements that constitute forward-looking statements which can be identified by the use of words, such as  “expects,” “anticipates,” “assumes,” “projects,” “estimated” and “scheduled” and similar expressions that do not relate to historical matters.

Stockholders are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to vary materially from those anticipated, expected or projected.

Such factors include, among others, general industry, as well as national, regional and local economic and business conditions, which will, among other things, affect demand for retail space or retail goods, availability and creditworthiness of current and prospective tenants, anchor or tenant bankruptcies, closures, mergers or consolidations, lease rates, terms and payments, interest rate fluctuations, availability, terms and cost of financing and operating expenses; adverse changes in the real estate markets including, among other things, competition from other companies, retail formats and technology, risks of real estate development and redevelopment, acquisitions and dispositions;

the liquidity of real estate investments, governmental actions and initiatives (including legislative and regulatory changes); environmental and safety requirements; and terrorist activities or other acts of violence which could adversely affect all of the above factors.

The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2015, for a discussion of such risks and uncertainties, which discussion is incorporated herein by reference.

The Company does not intend, and undertakes no obligation, to update any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events unless required by law to do so.

Contact:
Jean Wood
VP of Investor Relations,
310-394-6000

Source: The Macerich Company

 

 

 

 

Forever 21 Summer 2016 collection features rising model-musician-sister duo Pyper Smith and Daisey Clementine of The Atomics

LOS ANGELES, CA , 2016-May-06 — /EPR Retail News/ — Forever 21, one of the most recognized and largest independent fashion retailers in the world, debuts its Summer 2016 collection and campaign globally featuring rising model-musician-sister duo, Pyper Smith and Daisey Clementine of The Atomics.

The campaign pays homage to the iconic fashion era of the ‘90s, and Pyper Smith and Daisey Clementine trigger nostalgia through their carefree spirit and playful attitude. The collection provides a chic modern twist on the decade that is synonymous with grunge-punk trends offering tattoo choker necklaces, cropped cuts, tie-dye, daisy and sunflower prints, acid wash denim, and overalls.

The women’s collection features colorful and neutral prints and patterns for free-spirited girls who like to have fun with dresses that have attitude; lightweight knits to keep you warm on cool summer nights; attention grabbing swimwear; cropped knit tops that can be dressed up or down; and denim in mini skirts, cut-off shorts, button-up shirts, and jeans.

The men’s collection features summer wardrobe basics that let denim be the focal point of the outfit with basic tees, marled gray hoodies and distressed denim in jackets, jeans, shirts, and shorts.

The Forever 21 Summer 2016 collection will inspire you to throw on your favorite outfit and head to a beach getaway, summer concert, or outdoor party.

The Forever 21 Summer Collection will launch in stores globally and on Forever21.com beginning Friday, April 22, 2016.

ABOUT FOREVER 21

Forever 21, Inc., headquartered in Los Angeles, California, is a fashion retailer of women’s, men’s and kids clothing and accessories and is known for offering the hottest, most current fashion trends at a great value to consumers. This model operates by keeping the store exciting with new merchandise brought in daily.

Founded in 1984, Forever 21 operates more than 730 stores in 48 countries with retailers in the United States, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Israel, Japan, Korea, Latin America, Mexico, Philippines and United Kingdom.

For more information please visit: www.newsroom.forever21.com

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Forever 21 Summer 2016 collection features rising model-musician-sister duo Pyper Smith and Daisey Clementine of The Atomics

 

CONTACT INFORMATION

J. C. Penney Company, Inc. to release its Q1-2016 financial results on Friday, May 13

PLANO, Texas , 2016-May-06 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today that it will release its first quarter 2016 financial results on Friday, May 13, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chief Executive Officer Marvin Ellison and Chief Financial Officer Ed Record that will begin at 8:30 a.m. ET.

To access the conference call, please dial (877) 337-1347, or (262) 558-6137 for international callers, and reference 97042356 conference ID or visit the Company’s investor relations website at http://ir.jcpenney.com. Supplemental slides will be available on the Company’s investor relations website approximately 10 minutes before the start of the conference call.

Telephone playback will be available for 7 days beginning approximately two hours after the conclusion of the meeting by dialing (855) 859-2056, or (800) 585-8367 for international callers, and referencing 97042356 conference ID.

Investors and others should note that we currently announce material information using SEC filings, press releases, public conference calls and webcasts.  In the future, we will continue to use these channels to distribute material information about the Company and may also utilize our website and/or various social media to communicate important information about the Company, key personnel, new brands and services, trends, new marketing campaigns, corporate initiatives and other matters.

Information that we post on our website or on social media channels could be deemed material; therefore, we encourage investors, the media, our customers, business partners and others interested in our Company to review the information we post on our website as well as the following social media channels:

Facebook (https://www.facebook.com/jcp) and
Twitter (https://twitter.com/jcpnews).

Any updates to the list of social media channels we may use to communicate material information will be posted on the Investor Relations page of the Company’s website at www.jcpenney.com

About JCPenney:

J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every shopping experience is worth the customer’s time, money and effort. Whether shopping jcp.com or visiting one of over 1,000 store locations across the United States and Puerto Rico, customers will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands.

Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omni channel retailer and increasing revenue per customer.

For additional information, please visit jcp.com.

Contacts:
Media Relations:
(972) 431-3400 or jcpnews@jcp.com

Investor Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com

Source: JCPenny

Whole Foods Market’s new store in Vernon Hills, Ill. to open in 2018

CHICAGO, 2016-May-06 — /EPR Retail News/ — Whole Foods Market (Nasdaq: WFM), the confirms a new location planned for Vernon Hills, Illinois. The 48,000-square-foot store will be located at Route 60 and Route 21.

At the time of opening, Whole Foods Market Vernon Hills will be the 28th location in Chicagoland. Currently there are 25 Chicagoland locations, with two additional stores opening in the Hyde Park and Englewood neighborhoods in Chicago in 2016.

Press contact:

Allison Phelps
Allison.Phelps@wholefoods.com
312.799.5600

Source: Whole foods

Whole Foods Market signs lease for 41,500sq ft store in downtown Nashville, Tennessee

AUSTIN, Texas , 2016-May-06 — /EPR Retail News/ — Whole Foods Market announced today that it has signed a lease for a store in downtown Nashville, Tennessee.

The 41,500-square-foot store will be part of a mixed-use development near the intersection of 12th Avenue North and Broadway. It will be Whole Foods Market’s third location in Greater Nashville, and its seventh store in Tennessee.

“Nashville is such a vibrant and exciting city, and we are thrilled to be opening a store downtown,” said Omar Gaye, president of Whole Foods Market’s South Region. “We look forward to bringing fresh, healthy, delicious food to this growing area and its surrounding neighborhoods, as well being a community gathering spot in such a thriving city.”

Construction is expected to begin in late 2016. An opening date has not been set.

Press Contacts:

Darrah Gist
darrah.gist@wholefoods.com
678.638.5888

Lauren Bernath
lauren.bernath@wholefoods.com
678.638.5805

Source: Whole foods