Hudson’s Bay Company expands European presence with plans for up to 20 new stores in the Netherlands

  • Canada’s premium department store banner Hudson’s Bay and off-price banner Saks OFF 5TH expected to launch first stores in summer 2017 utilizing HBC’s existing European platform
  • Plans to open up to 20 stores over the next 24 months
  • Expansion is expected to create approximately 2,500 store jobs and 2,500 construction jobs in key Dutch cities
  • Anticipates 300 million Euros in capital investments, with majority to be funded by landlords

TORONTO & COLOGNE, Germany & AMSTERDAM, 2016-May-17 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or the “Company”) (TSX:HBC) is pleased to announce that it is expanding its European presence with plans for up to 20 new stores in the Netherlands over the next 24 months. The Company has finalized and is in the process of finalizing long term leases for select, sought after locations. The first stores are expected to launch in the summer of 2017 and operate under the Hudson’s Bay banner as well as the Saks OFF 5TH banner. The expansion into the Netherlands will build on HBC Europe’s existing infrastructure and will utilize the same platforms such as information technology, procurement and digital support. Build out of the stores will be funded primarily by the relevant landlords and HBC will invest in the operational aspects of the stores including merchandising and employees.

Richard Baker, Governor and Chairman of HBC stated, “We are very pleased to introduce our Canadian Hudson’s Bay banner, one of the world’s most exciting department stores, to the Netherlands. Our acquisition of GALERIA in 2015 established our European headquarters in Cologne and a platform for future organic growth. Expansion intothe Netherlands is a natural extension of our existing presence in Belgium as well as our planned entry into Luxembourg and will complete our presence in all of the Benelux countries. We were able to capitalize on an opportunity to select sought after, high street real estate locations. Canada and The Netherlands have a long, storied history built on collaboration and cultural respect. This is an extremely compelling opportunity to invest in the Dutch market, leverage the iconic Hudson’s Bay brand and introduce what will be the only nationwide all-channel premium department store.”

Jerry Storch, HBC’s Chief Executive Officer, commented, “We believe that in the Dutch retail market there is unmet demand in both the premium department store and off-price segments. The Hudson’s Bay and Saks OFF 5TH banners, tailored for the Dutch market, will introduce our all-channel retail model to the Netherlands with a combination of exciting retail destinations and a best in class ecommerce presence. The situation is similar to the one we capitalized on in Canada with Hudson’s Bay. We introduced a new, innovative format offering relevant brands and excellent service. We will use our proven playbook based on our success with fantastic department stores combined with local management expertise to create innovative retail destinations.”

Olivier Van den Bossche, Head of HBC’s European department store business, said, “We are thrilled about the opportunity to introduce Hudson’s Bay and Saks OFF 5TH to the Netherlands through our strategy of targeted organic growth. Our team of European retail experts has a strong understanding of the Dutch landscape. Our expansion is expected to result in the creation of over 2,500 store jobs, 2,500 construction jobs and 300 million Euros in capital investments, the majority of which will be funded through landlord incentives. We are committed to the Dutch marketplace and look forward to partnering with local governments to create exciting retail destinations.”

HBC was advised by Stibbe and Stikeman Elliott LLP on legal matters and by Eric Zorn, Chairman of ESZ LLC, anInternational Real Estate Consulting Group, along with one of his partners, Robert Bray, on real estate matters.

About Hudson’s Bay Company
Hudson’s Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their all-channel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company inNorth America. HBC’s portfolio today includes ten banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with more than 460 stores and 66,000 employees around the world.

In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium’s only department store group Galeria INNO, as well asSportarena.

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in theHBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

Forward-Looking Statements

Certain statements made in this news release constitute forward-looking statements within the meaning of applicable securities laws, including, without limitation, statements regarding the Company’s plans to expand its European presence to the Netherlands by opening up to 20 stores over the next 24 months, the Company’s expectation that such stores will launch in the summer 2017 and operate under the Hudson’s Bay and Saks OFF 5TH banners, long term leases for up to 20 store locations will be finalized in the near future, the build-out of the stores will be primarily funded by the relevant landlords through landlord incentives, and the benefits that are expected to result from the expansion into the Netherlands, including the creation of new jobs. Often but not always, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “believe”, “estimate”, “plan”, “could”, “should”, “would”, “outlook”, “forecast”, “anticipate”, “foresee”, “continue” or the negative of these terms or variations of them or similar terminology.

Although HBC believes that the forward-looking statements in this news release are based on information and assumptions that are current, reasonable and complete, these statements are by their nature subject to a number of factors and risks that could cause actual results to differ materially from management’s expectations and plans as set forth in such forward-looking statements for a variety of reasons. Some of the factors and risks – many of which are beyond HBC’s control and the effects of which can be difficult to predict – include, among others – (a) the risk that HBC is unable to finalize long term leases for up to 20 select, sought after store locations in the Netherlands, (b) the risk that the expansion into the Netherlands requires capital expenditures in excess of those currently anticipated and/or more than 24 months to complete, (c) the risk of introducing new brands into new markets and of doing business abroad, (d) the risk that the anticipated benefits from the expansion into the Netherlands cannot be realized, (e) credit, market, currency, operational, liquidity and funding risks generally, including changes in economic and geopolitical conditions, interest rates or tax rates, and (f) risks and uncertainties relating to information management, technology, supply chain, product safety, changes in law, competition, seasonality, commodity price and business.

HBC cautions that the foregoing list of important factors and assumptions is not exhaustive and other factors could also adversely affect its results. For more information on the risks, uncertainties and assumptions that could cause HBC’s actual results to differ from current expectations, please refer to the “Risk Factors” section of HBC’s Annual Information Form dated April 28, 2016, as well as HBC’s other public filings, available at www.sedar.com and at www.hbc.com.

The forward-looking statements contained in this news release describe HBC’s expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable Canadian securities laws, HBC does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

INVESTOR RELATIONS:
Kathleen de Guzman, 646-807-0148
kathleen.deguzman@hbc.com
or
Elliot Grundmanis, 416-256-6732
elliot.grundmanis@hbc.com
or
MEDIA CONTACTS:
Andrew Blecher, 212-391-3179
andrew.blecher@hbc.com
or
Tiffany Bourré, 905-595-7184
tiffany.bourre@hbc.com

Source: Hudson’s Bay Company

News Provided by Acquire Media

The Quaker Oats Company recalls select Quaker Quinoa Granola bars due to possible contamination of Listeria Monocytogenes

Products may be contaminated with Listeria Monocytogenes

St. Louis MO, 2016-May-17 — /EPR Retail News/ — The Quaker Oats Company is recalling a small quantity of Quaker Quinoa Granola bars after an ingredient supplier was found to have distributed sunflower kernels that may be contaminated with Listeria Monocytogenes. There have been no reported illnesses to date in connection with this product.

Listeria monocytogenes is an organism, which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, Listeria infection can cause miscarriages and stillbirths among pregnant women.

Schnucks customers are urged to check for:

Quaker Quinoa Bar Chocolate Nut Medley

6.1 oz.                                        

UPC: 3000032241

Best Before dates: 10/16/16 and 10/17/16

 

Quaker Quinoa Bar Fruit and Nut Medley

6.1 oz.

UPC: 3000032243

Best Before dates: 10/10/16 and 10/11/16

Schnucks customers may return the specified product to their nearest store for a full refund. Those with questions should contact Quaker Oats at 1-800-856-5781 or the Schnucks Consumer Affairs department at 314-994-4400 or 1-800-264-4400.

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Media Contact: Paul Simon
314-994-4603
psimon@schnucks.com

Smart & Final converts 33 Haggen stores into Smart & Final Extra! stores

New Smart & Final Extra! format answers the call for a one-stop shopping experience in a highly competitive grocery market, creates over 1,900 new jobs and more than $140,000 in philanthropic donations in four months

COMMERCE, Calif., 2016-May-17 — /EPR Retail News/ —  As part of its aggressive growth plan, Smart & Final, one of the longest continuously-operating food retailers in the U.S., today announced all 33 lease locations it acquired in December 2015 which were operated under the Haggen banner are now open as Smart & Final Extra! stores.

The transition and re-opening of the 33 stores was a considerable undertaking that has allowed Smart & Final to make significant strides in achieving its Project 100 Initiative goal of opening 100 new stores over the next four years. In opening the 33 stores, Smart & Final has increased its presence in the important Los Angeles and Orange County markets, and doubled store count in the California Central Coast and San Diego.

Each store opening created more than 50 new jobs, with Smart & Final hiring more than 1,900 associates to support the 33-store increase. Additionally, in line with its promise to give back to the communities in which it operates, for each new store opened, Smart & Final’s Charitable Foundation™ made donations to local nonprofits, resulting in over $140,000 in philanthropic donations. Furthermore, through its “First Street First Percent” campaign, Smart & Final will donate the first one percent of net profits from the sale of its private label brand First Street® in US-based Smart & Final banner stores to the Smart & Final Charitable Foundation™ which supports local nonprofits such as Boys & Girls Clubs, food pantries and Little League organizations.

Smart & Final offers a one-stop shopping experience where businesses, clubs and organizations, as well as household shoppers, can fulfil their grocery needs while also stocking up on thousands of club-size products, all without a membership fee. All new stores feature Smart & Final’s Extra! format, which includes expanded frozen, deli and meat sections, a full produce section, organic and natural food products, high quality perishables and meats, a wide selection of private label offerings, and unique products such as self-serve bulk goods by the pound and oven-roasted chicken. The company is also testing new merchandising initiatives including hot bakery, sushi and cut fruit offerings in select stores.

“The positive growth and momentum Smart & Final has experienced is a true reflection of our consistent focus on value, quality and convenience which has not gone unnoticed by today’s savvy shopper,” said Chief Executive Officer Dave Hirz. “I’m excited that these 33 new stores provide an opportunity for Smart & Final to reach more customers with our unique offering, broad range of products and dedicated staff, and am confident that our brand promise will continue to give us a competitive edge in this market. I truly appreciate the dedication and effort of our associates to achieving this incredible milestone and want to welcome all of the new associates that have joined our team,” Hirz added.

Between January 20th and May 11th of 2016, Smart & Final opened 11 Smart & Final Extra!stores in the San Diego area, seven in Los Angeles County, four in Orange County, three inVentura County, four in the Central Coast, and two in the Inland Empire, all of which were formerly operated under the Haggen banner, and one additional non-Haggen location inSacramento County.

Currently, Smart & Final operates 306 stores in California, Oregon, Washington, Arizona,Nevada and Idaho, including 251 Smart & Final banner stores, 160 of which are Smart & FinalExtra! format stores. As part of Project 100, the Company plans to open 100 new stores over a period of four years, in line with its 10 % annual unit growth plan, and to hire at least 5,000 new employees to staff those stores over the next four years. Smart & Final is approximately one year into Project 100, and almost one-third of the way towards meeting its goal of 100 new stores.

With several more stores slated to open this year, the Company will continue to focus on providing its household and business customers the quality, value and convenience that they have come to expect from Smart & Final stores.

Appealing to both businesses and households with its variety of offerings and different sizes, Smart & Final invites local residents to visit the new stores that have opened in their community.  As of May 11th, the following new Smart & Final store locations are now open:

Location Address
1 Paso Robles 1191 E. Creston Road
2 Atascadero 8200 El Camino Real
3 San Luis Obispo 1321 Johnson Avenue
4 Santa Barbara 3943 State Street
5 Carpinteria 850 Linden Avenue
6 Ventura 7800 Telegraph Road
7 Simi Valley 5135 Los Angeles Avenue
8 Newbury Park 2100 Newbury Road
9 Westlake Village 5770 Lindero Canyon Road
10 Palmdale 5038 W Avenue North
11 Burbank 3830 W Verdugo Avenue
12 Redondo Beach 615 N. Pacific Coast Highway
13 Torrance 21035 Hawthorne Boulevard
14 San Pedro 1636 W 25th Street
15 Diamond Bar 240 S Diamond Bar Boulevard
16 Chino Hills 4200 Chino Hills Parkway
17 Yorba Linda 21500 Yorba Linda Boulevard
18 Trabuco Canyon 21672 Plano Trabuco Road
19 Laguna Niguel 30252 Crown Valley Parkway
20 Corona del Mar 3049 Coast Highway
21 Carlsbad 955 Carlsbad Village Drive
22 Santee 9870 Magnolia Avenue
23 El Cajon 13439 Camino Canada
24 El Cajon 2800 Fletcher Parkway
25 San Diego 10740 Westview Parkway
26 San Diego 2235 University Avenue
27 San Diego 10633 Tierra Santa Boulevard
28 La Mesa 3681 Avocado Avenue
29 Coronado 150 B Avenue
30 Chula Vista 360 East H Street
31 San Ysidro 350 W San Ysidro Boulevard
32 Redondo Beach 1516 S Pacific Coast Highway
33 Palm Desert 72675 Highway 111

About Smart & Final
Smart & Final Stores, Inc. (NYSE:SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of March 27, 2016, the Company operated 290 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

SOURCE Smart & Final Stores, Inc.

Nordstrom hosted successfull 34th Annual Nordstrom Beat the Bridge athletic race and fundraiser

NEARLY 10,500 PARTICPANTS RAISE $1.5 MILLION FOR JUVENILE DIABETES RESEARCH

SEATTLE, WA, 2016-May-17 — /EPR Retail News/ — This morning (May 15, 2016), nearly 10,500 participants gathered at Husky Stadium to participate in the 34th Annual Nordstrom Beat the Bridge athletic race and fundraiser. The event, hosted by JDRF (Juvenile Diabetes Research Foundation) and Nordstrom, raised more than $1.5 million that will support diabetes research.

“Beat the Bridge has grown into the largest fundraiser for our JDRF chapter, and the largest event of its kind for JDRF nationally,” said Teri Yoder, Development director for the JDRF Northwest Chapter. “Our ultimate goal is to live in a world without Type 1 Diabetes (T1D). The funds our community helped us raise today will help us make that possible through research into the treatment and prevention of the disease.”

The Nordstrom Beat the Bridge event consists of a competitive 8K run and wheelchair race to beat the University Bridge in Seattle, as well as non-competitive 3-mile family walk, 1-mile fun run, and Diaper Derby for toddlers.  Local food trucks were stationed outside Husky Stadium and the top finishers were handed their awards by special guests Cliff Avril and Michael Bennett of the Seattle Seahawks.

Nordstrom Beat the Bridge has raised more than $19.5 million since its inception in 1983. The event was started by a group of Nordstrom employees who wanted to support a coworker whose young son had been diagnosed with T1D. This year, more than 1,000 Nordstrom employees ran, walked and volunteered to help find a cure, and raised more than $321,000 for JDRF.

For more information, please visit our online media kit or www.beatthebridge.org.

2016 NORDSTROM BEAT THE BRIDGE 8K RACE WINNERS

 

MEN: 1st Place: Joseph Gray 23:43
2nd Place: Gregory Leak 24:07
3rd Place: Drew Polley 24:28
4th Place: Michael Chinchar 24:39
5th Place: Francis Reynolds 25:08

 

WOMEN: 1st Place: Jamie Cheever 27:19
2nd Place: Emma Polley 27:46
3rd Place: Sarah MacKay Robinson 28:16
4th Place: Sarah West 28:30
5th Place: Janet McDevitt 28:40

 

MEDIA CONTACT: Emily Sterken
Nordstrom, Inc.
(206) 303-3034

About JDRF
JDRF is the leading global organization funding type 1 diabetes (T1D) research. JDRF’s goal is to progressively remove the impact of T1D from people’s lives until we achieve a world without T1D. JDRF collaborates with a wide spectrum of partners and is the only organization with the scientific resources, regulatory influence, and a working plan to better treat, prevent, and eventually cure T1D. As the largest charitable supporter of T1D research, JDRF is currently sponsoring 45 clinical trials in 17 countries.

The Northwest chapter serves people in Washington through advocacy efforts, online support and resources, educational events and mentoring, research updates, fundraisers, and Northwest diabetes resources. For more information, please call (206) 838-5153 or e-mail jdrfnorthwest@jdrf.org.

 

About Nordstrom
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 329 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 200 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com andHauteLook. 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.

Mini Frappuccino will be available for limited time in Starbucks® stores across US and Canada

SEATTLE, 2016-May-17 — /EPR Retail News/ — They say good things come in small packages.

Starbubucks is offering the Mini Frappuccino® blended beverage for in small 10-ounce serving size. Mini Frappuccino, first introduced nationally last summer, will be available for a limited time starting today (May 16) in participating Starbucks® stores in the United States and Canada.

 

Customers will be able to order all flavors of Frappuccino® blended beverages in the Mini serving size, including summer favorites such as S’mores Frappuccino and the new Caramel Waffle Cone Frappuccino.

For more information on this news release, contact us

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Mini Frappuccino will be available for limited time in Starbucks® stores across US and Canada

Mini Frappuccino will be available for limited time in Starbucks® stores across US and Canada

Amazon Web Services: Enterprise usage of SAP on AWS is growing incredibly fast across all verticals and geographies

GE Oil & Gas, Kellogg’s, Brooks Brothers, Ferrara Candy Company, GPT Group, Hoya Corporation, Lionsgate, Macmillan Publishers India, RWE Czech Republic, Zappos.com, and Bart & Associates Inc., among the many customers running SAP on AWS

SEATTLE, 2016-May-17 — /EPR Retail News/ — Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN), shared today that more and more AWS customers, across virtually every industry and geography, are running SAP applications on the AWS Cloud and experiencing the agility, scalability, security, and cost savings of the world’s most comprehensive cloud platform for their business applications. Customers can launch entire enterprise software stacks from SAP and run their businesses seamlessly – whether they want to use AWS for development and test, or run their production SAP environments on AWS. SAP has verified and certified various solutions for production deployment on AWS, including S/4HANA, SAP Business Suite on HANA, Business Warehouse on HANA, SAP HANA, SAP Business All-in-One, SAP Business One, SAP BusinessObjects, SAP Database and Mobile Solutions. To learn more about running SAP on AWS, visit http://aws.amazon.com/sap.

“Enterprise usage of SAP on AWS is growing incredibly fast across all verticals and geographies as enterprises get more comfortable running their most important applications on AWS and the cloud,” said Terry Wise, Vice President, Worldwide Partner Ecosystem, AWS. “Since becoming the first public cloud platform to be certified to run SAP production workloads in 2011, AWS has continued to innovate to deliver the capabilities and operational performance enterprise customers need to run their most critical business applications with confidence on the AWS Cloud.”

General Electric (GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE Oil & Gas is pioneering the company’s digital transformation, a key part of which is its journey to the cloud. “At GE we have to tag, monitor, measure, and automate every one of our business-critical applications and start to create patterns that allow us to make those reusable. Using the AWS Cloud has transformed how we approach this,” said Ben Cabanas, Chief Technology Officer, GE Transportation and previous Cloud Architect for GE Oil & Gas. “We are currently running more than half of our core applications on AWS, including several SAP applications, such as SAP Hybris and SAP BI. To date, we’ve achieved a 52 percent reduction in our total cost of ownership due to using the AWS Cloud and plan to continue migrating critical applications to AWS – our goal is to migrate at least 500 of our applications.”

Founded in 1818, Brooks Brothers is a leading retailer of fashion wear and accessories in the United States. “Using AWS to deploy and operate our SAP environments makes us more nimble in our approach to launching and testing new SAP software-based retail projects – reducing the time it takes from weeks to hours,” said Sahal Laher, Executive Vice President and CIO, Brooks Brothers. “Reducing our time to production means we can get new initiatives to market faster, and if some things aren’t providing the desired business results in pilot mode, we can quickly shut those down, allowing us to put greater focus on initiatives that drive revenue.”

Lionsgate is a diversified global entertainment company that produces feature films and television programming for a worldwide audience. “We have been using AWS for six years and have achieved significant savings in infrastructure costs,” said Theresa Miller, CIO and Executive Vice President, Information Technology, Lionsgate. “As a predominately SAP shop, the ability to run SAP Business Suite and Business Warehouse on AWS is very important for our enterprise IT, especially when it comes to experimenting with new workloads. Running our IT infrastructure on AWS lowers the traditional barriers that slow innovation, allowing us the flexibility to spin-up and test new workloads in near real time. This agility gives my team the confidence to try new things.”

Ferrara Candy Company was founded in 1908 and has become a $1 billion confectionery company in the United States. “Following a merger of Ferrara Pan Candy with Farley’s & Sathers, we were left with an incoherent analytical environment. Our existing solutions could not deliver timely, actionable business insight needed to make business-critical decisions,” said Mustafa Mustafa, IT Director of Business Intelligence and Application Development,Ferrara Candy Company. “The ability to run SAP BusinessObjects on HANA in AWS enables unparalleled agility for reports and analytics across our business. Finance, sales, and operations teams now have easy access to full data sets and the ability to analyze on demand, ensuring a streamlined analytical process for making strategic, tactical, and operational decisions. Our collaboration with AWS enabled us to scale our footprint in-step with superior delivered value, a key AWS differentiator!”

About Amazon Web Services
For 10 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 70 fully featured services for compute, storage, databases, analytics, mobile, Internet of Things (IoT) and enterprise applications from 33 Availability Zones (AZs) across 12 geographic regions in the U.S., Australia, Brazil, China, Germany, Ireland, Japan, Korea, and Singapore. AWS services are trusted by more than a million active customers around the world – including the fastest growing startups, largest enterprises, and leading government agencies – to power their infrastructure, make them more agile, and lower costs. To learn more about AWS, visit http://aws.amazon.com.

About Amazon
Amazon.com opened on the World Wide Web in July 1995. The company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

Source: Amazon.com

Amazon.com, Inc.
Media Hotline, 206-266-7180
Amazon-pr@amazon.com
www.amazon.com/pr

Louis Vuitton’s Fabrique du Temps watch manufacture joins Les Journées Particulière

PARIS, 2016-May-17 — /EPR Retail News/ — Les Journées Particulières is a full-fledged European event, proposing visits to LVMH Houses in France, Italy, Spain, the United Kingdom, Poland and Switzerland. This year a new Swiss site joins the agenda, Louis Vuitton’s Fabrique du Temps watch manufacture.

Switzerland is synonymous with the most stunning luxury watch creations in the world. In the town of Meyrin, near Geneva, La Fabrique du Temps is a new-generation watch manufacture where Louis Vuitton teams have unprecedented creative independence. The site brings together all the métiers and talents in the grand tradition of horological craftsmanship, inspiring innovation and sharing of experience.

The manufacture is a celebration of time and travel, respecting rich tradition and inimitable craftsmanship. Workshops have a human scale, bathed in optimal daylight as master watchmakers, engineers, designers and other experts in time share their creative energy. Their common goal is to unlock and revisit the secrets of Haute Horlogerie, blending the exceptional spirit of luxury watchmaking with the dynamic momentum of the storied Maison. This singular environment feeds the imagination in a high-tech crucible.

The site is open during Les Journées Particulières without reservation, inviting visitors to discover this remarkable spirit as they tour the R&D bureau and the Assemblage, Haute Horlogerie and Cadran workshops. One or two people will even have a chance to take part in a “do it yourself” session at the end of the tour.

Another Swiss watchmaking site not to be missed is TAG Heuer’s headquarters and the museum at La Chaux-de-Fonds, also open without reservation during the Journées Particulières.

For the complete program of Les Journées Particulières, click here.

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Louis Vuitton’s Fabrique du Temps watch manufacture joins Les Journées Particulière

© Regis Golay Federal Studio

Las gasolineras EROSKI han comenzado a comercializar gasóleo aditivado A+

El gasóleo aditivado A+ presenta mejoras con respecto al biodiesel en la calidad de ignición, la limpieza de inyectores, la protección de la corrosión al sistema de alimentación del motor y la buena conservación de las bombas de inyección

ELORRIO, España, 2016-May-17 — /EPR Retail News/ — Las gasolineras EROSKI han comenzado a comercializar gasóleo aditivado A+. La disponibilidad del nuevo combustible ya es efectivo en muchas estaciones de servicio del grupo y ha venido determinado por la propia evolución del mercado, su regulación normativa y las preferencias del consumidor.

“El gasóleo A+ que empezamos a comercializar en nuestras gasolineras EROSKI presenta mejoras con respecto al biodiesel en la calidad de ignición, la limpieza de inyectores, la protección de la corrosión al sistema de alimentación del motor y la buena conservación de las bombas de inyección, lo que induce efectos positivos en la economía del carburante, en la reducción de ruido y de contaminantes, en la facilidad de arranque y en el arranque en frío”, ha afirmado Francisco Javier Fontaneda, responsable de gasolineras de EROSKI. Asimismo, ha recordado que disminuye la tendencia a la formación de espuma y, en consecuencia, las salpicaduras durante el repostaje, facilitando el completo llenado del depósito y disminuyendo el tiempo necesario para ello.

La introducción del nuevo Gasóleo A+ viene a sustituir al antiguo biodiesel, un combustible que ofrece hoy prestaciones menores y tiene una escasa utilización por los consumidores, y con tendencia descendente. A raíz del cambio normativo que regula el sector, los porcentajes de biocombustible presentes ya en los gasóleos convencionales  actuales se han ampliado hasta reducir considerablemente su diferencia respecto al antiguo biodiésel. Una evolución de los gasóleos de última generación que, junto a la desaparición de la exención del impuesto especial de hidrocarburos, ha hecho que quedasen superadas las prestaciones del antiguo biodiesel, ahora sustituido por el nuevo Gasóleo A+.

Datos de contacto con el Departamento de Comunicación:
944 158 642 comunicacion@eroski.es

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Las gasolineras EROSKI han comenzado a comercializar gasóleo aditivado A+

Las gasolineras EROSKI han comenzado a comercializar gasóleo aditivado A+

H&M Group’s April 2016 sales up by 5 percent

STOCKHOLM, SWEDEN, 2016-May-17 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 5 percent in local currencies in April 2016 compared to the same month the previous year.

The cold spring which continued into April in several of H&M’s large markets has had an unfavourable impact on sales of transitional garments.

The total number of stores amounted to 4,035 on 30 April 2016 compared to 3,610 on 30 April 2015.

Percentage sales development for the month of May and total revenue in SEK for the second quarter (March to May) will be published in a separate press release on 15 June 2016. The Six-Month Report, covering the period 1 December 2015 to 31 May 2016, will be published on 22 June 2016 at 08.00 (CET).

Karl-Johan Persson, CEO

GLOBAL MEDIA ENQUIRIES

Only press enquiries

Phone: +46 8 796 53 00
Email: mediarelations@hm.com

CVS Health launched an in-store fundraising campaign to benefit the American Lung Association’s LUNG FORCE initiative

WOONSOCKET, R.I., 2016-May-17 — /EPR Retail News/ —  CVS Health, the nation’s largest pharmacy innovation company, today launched an in-store fundraising campaign at CVS Pharmacy locations nationwide to benefit the American Lung Association’s LUNG FORCE initiative which aims to make lung cancer, the leading cancer killer of women in the United States, a public health priority.

CVS Health launched an in-store fundraising campaign to benefit the American Lung Association's LUNG FORCE initiative

Now through June 11, customers can donate $1, $3 or more at the register at 7,900 CVS Pharmacy locations and online at www.cvs.com/lung (all proceeds will support the initiative). CVS Health is the national presenting sponsor of LUNG FORCE, which is focused on raising awareness about lung cancer in women, and increasing research funding to save lives.

Funds raised through the in-store campaign will support health education and critical research that will lead to better treatment options and improved methods of early detection. Lung cancer kills almost twice as many women as any other cancer. Yet, according to the American Lung Association’s 2nd Annual Women’s Lung Health Barometer a survey of over 1,000 American adult women to better understand their awareness, knowledge and perceptions about lung cancer this disease is not even on women’s health radar.

“Every eight minutes, a woman in the United States loses her battle with lung cancer. This needs to change. More research funding is needed to beat this deadly disease, but we can’t do it alone,” said Harold P. Wimmer, National President and CEO, American Lung Association. “Through our partnership with CVS Health, we are raising critical research funding at CVS Pharmacy locations nationwide to find better treatments and more early detection methods.”

“In the last 38 years, the rate of new lung cancer cases has nearly doubled among women. As a health care company, it is important that CVS Health continues to spread awareness about the prevalence of lung cancer and supports the groundbreaking research being done by the American Lung Association Research Team,” said Helena Foulkes, President, CVS Pharmacy. “Our partnership with LUNG FORCE helps us extend our company’s purpose of helping people on their path to better health.”

Over the past two years, CVS Health colleagues and customers have helped to raise more than $7 million for the LUNG FORCE initiative.

The American Lung Association is the leading organization working to save lives by improving lung health and preventing lung disease through research, education and advocacy. The work of the American Lung Association is focused on four strategic imperatives: to defeat lung cancer; to improve the air we breathe, to reduce the burden of lung disease on individuals and their families, and to eliminate tobacco use and tobacco-related diseases. To learn more about the in-store fundraising campaign or to make a donation, please visit www.cvs.com/lung.

About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,600 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 80 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.

Contact:
Mary Alfieri
401-770-9811
mary.alfieri@cvscaremark.com

SOURCE CVS Health

CVS Health Corporation commenced cash tender offers for its Senior Notes to refinance a portion of CVS Health’s outstanding indebtedness

WOONSOCKET, R.I., 2016-May-17 — /EPR Retail News/ — CVS Health Corporation (“CVS Health”, NYSE: CVS) announced today that it has commenced cash tender offers (the “Tender Offers”) for (1) any and all of its 5.75% Senior Notes due 2017, its 6.60% Senior Notes due 2019 and its 4.75% Senior Notes due 2020 (collectively, the “Any and All Notes”) and (2) up to $1,500,000,000 aggregate principal amount (the “Maximum Tender Offer Amount”) of its 6.25% Senior Notes due 2027, its 6.125% Senior Notes due 2039, its 5.750% Senior Notes due 2041, the 5.00% Senior Notes due 2024 (the “Omnicare 2024 Notes”) issued by its wholly-owned subsidiary, Omnicare, Inc. (“Omnicare”), the 4.75% Senior Notes due 2022 (the “Omnicare 2022 Notes”, and together with the Omnicare 2024 Notes, the “Omnicare Notes”) issued by Omnicare, its 4.875% Senior Notes due 2035 and its 3.875% Senior Notes due 2025 (collectively, the “Maximum Tender Offer Notes” and together with the Any and All Notes, the “Notes”). The Tender Offers are being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 16, 2016 (as amended or supplemented from time to time, the “Offer to Purchase”) and related Letter of Transmittal (the “Letter of Transmittal”). The Tender Offers are open to all registered holders (individually, a “Holder” and collectively, the “Holders”) of the Notes. The purpose of the Tender Offers is to refinance a portion of CVS Health’s outstanding indebtedness.

Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on May 27, 2016 (the “Early Tender Date”) will be eligible to receive the applicable Total Consideration (as defined in the Offer to Purchase), which includes the applicable Early Tender Payment (as defined in the Offer to Purchase). The applicable Total Consideration per $1,000 principal amount of the 5.00% Senior Notes due 2024 and the 4.75% Senior Notes due 2022 issued by Omnicare will be the fixed amounts set forth in the table below. With regard to the other Notes, the applicable Total Consideration payable with respect to the Notes issued by CVS Health will be an amount based on the yield to maturity of the U.S. Treasury reference securities specified in the table below (the “UST Reference Security”), as determined at 11:00 a.m., New York City time, on May 27, 2016 (unless otherwise extended as described in the Offer to Purchase), plus a fixed spread, calculated in accordance with the Offer to Purchase.

Notes validly tendered after the Early Tender Date but at or prior to 11:59 p.m., New York City time, on June 13, 2016 (the “Expiration Date”) will be eligible to receive the applicable tender offer consideration (the “Tender Offer Consideration”), namely the applicable Total Consideration minus the applicable Early Tender Payment specified in the table below.

In addition to the Total Consideration or Tender Offer Consideration, as applicable, Holders of Notes accepted for purchase will receive accrued and unpaid interest on those Notes from the last interest payment date with respect to those Notes to, but not including, any Early Settlement Date (as defined in the Offer to Purchase, and which may occur as early as May 31, 2016) or the Final Settlement Date (as defined in the Offer to Purchase) and which is expected to occur on June 15, 2016, as applicable.

Certain details regarding the Tender Offers are set forth in the table below:
cvs-health-investor-table Tender Offers

Holders who tender their Notes at or prior to 5:00 p.m., New York City time, on May 27, 2016 (such date and time, as it may be extended, the “Withdrawal Deadline”) may withdraw such tendered Notes at any time at or prior to the Withdrawal Deadline. Following the Withdrawal Deadline, Holders who have tendered their Notes (whether before, on or after the Withdrawal Deadline) may not withdraw such Notes unless CVS Health is required to extend withdrawal rights under applicable law. Acceptance of tendered Maximum Tender Offer Notes will be purchased based on the acceptance priority levels applicable to the relevant series and may be subject to proration, in each case as described in the Offer to Purchase. CVS Health reserves the right, but is not obligated, to increase the Maximum Tender Offer Amount without extending withdrawal rights, subject to compliance with applicable law.

CVS Health expressly reserves the right, in its sole discretion, subject to applicable law, to terminate the Tender Offers at any time prior to the Expiration Date. The Tender Offers are not conditioned on any minimum principal amount of Notes being tendered but the Tender Offers are subject to a financing condition and certain other general conditions as described in the Offer to Purchase.

CVS Health has retained Barclays Capital Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC to act as Dealer Managers for the Tender Offers. D.F. King & Co., Inc. has been retained to act as the Tender and Information Agent for the Tender Offers. For additional information regarding the terms of the Tender Offers, please contact the Dealer Managers at Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581 (collect), J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-3424 (collect), or RBC Capital Markets, LLC at (877) 381-2099 (toll-free) or (212) 618-7822 (collect). Requests for documents and questions regarding the tendering of Notes may be directed to D.F. King & Co., Inc. either by email at cvs@dfking.com, or by phone (212) 269-5550 (for banks and brokers only) or (866) 745-0265 (for all others toll free).

This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, the Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Tender Offers are being made solely pursuant to the Offer to Purchase and the related Letter of Transmittal made available to Holders of the Notes. None of CVS Health, the Dealer Managers, Tender and Information Agent or the trustees with respect to the Notes, or any of their respective affiliates, is making any recommendation as to whether or not Holders should tender or refrain from tendering all or any portion of their Notes in response to the Tender Offers. Holders are urged to evaluate carefully all information in the Offer to Purchase and the related Letter of Transmittal, consult their own investment and tax advisers and make their own decisions whether to tender Notes in either Tender Offer, and, if so, the principal amount of Notes to tender.

About the Company
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,600 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 80 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.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. By their nature, all forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by the forward-looking statements for a number of reasons as described in CVS Health’s Securities and Exchange Commission filings, including those set forth in the Risk Factors section in its Annual Report on Form 10-K for the year ended December 31, 2015.

SOURCE CVS Health Corporation

Alvydas Šustikas to succeed Neringa Janavičiūtė as as CEO of MAXIMA GRUPĖ

Vilnius, Lithuania, 2016-May-17 — /EPR Retail News/ — Alvydas Šustikas will take over as CEO of MAXIMA GRUPĖ controlling retail chain MAXIMA in Lithuania and retail chains in Latvia, Estonia, Poland, and Bulgaria from May 21. He will replace current CEO of MAXIMA GRUPĖ, Neringa Janavičiūtė, who is leaving the group of companies.

‘I have gone a long and interesting way in the companies of MAXIMA, and by completing my work here, I may summarize that the companies of the Group operate steadily, and the foreseen plans and projects are implemented. Over the last few years, I think, we successfully achieved the key goals set by the shareholder. I am leaving the office calmly and with a strong belief in the team which will now hold the helm of MAXIMA’, said N. Janavičiūtė.

‘I thank Neringa Janavičiūtė for her many years of work at MAXIMA GRUPĖ and other associated companies, and wish her good luck in her future work. Many new and continuous challenges lie ahead for the new CEO, the most important of which are to increase the business competitiveness, strengthen the positions in the foreign markets, and continue to implement the contemporary model of business management in all companies of the group’, said Raimonda Kižienė, CEO of Vilniaus prekyba, UAB, which is the shareholder of MAXIMA GRUPĖ.

For the last four years, new CEO Alvydas Šustikas headed the company Azeri Retail established by the Austrian Investment Fund EMSA Capital which controls the Azerbaijani retail store chain Fresco. Before then, for eight years, he had held various leading positions in the retail store chain RIMI Lietuva; and for two years in the trade company Ekovalda.

A. Šustikas graduated in Business Management at Vilnius Gediminas Technical University, had an internship at Ahold Retail Academy of the Netherlands.
The changes concern only the holding company, and companies in the local market continue their operations as usual.

MAXIMA GRUPĖ, UAB is a controlling company registered in 2007, which currently consolidates retail companies in Lithuania, Latvia, Estonia, Bulgaria and Poland. 528 stores of Maxima X, Maxima XX, Maxima XXX, Aldik, T-Market operate in them: in Lithuania, 232 stores operate, in Latvia – 148, in Estonia – 74, in Bulgaria – 48, in Poland – 26. More than 31 thousand workers are employed in the Companies of the Group.

More information:
Giedrius Juozapavičius
Corporate Affairs Manager | Maxima Grupė
+37065915118
Giedrius.Juozapavicius@maximagrupe.eu

Aeon Co and Marne & Finance Europe to establish “Bio c’ Bon Japon” joint venture

CHIBA, JAPAN, 2016-May-17 — /EPR Retail News/ — Aeon Co., Ltd. (Location of headquarters: Chiba Prefecture, President and representative executive officer: Motoya Okada, hereinafter, Aeon) and Marne & Finance Europe (Location of headquarters: Brussels, Representative: Thierry Chouraqui) with an affiliated company, Bio c’ Bon which operates organic specialty SM (supermarket) business in Europe, mainly in France (Location of headquarters: Paris, CEO: Thierry Chouraqui), concluded a basic agreement on establishment of Bio c’ Bon Japon, a joint venture company today. The new company is to lead the expansion of organic market in Japan through operating organic specialty SM business, and contribute to the realization of customer’s health, wellness and happiness.

In response to the mounting health-consciousness, the organic market across the world continues to grow at 15 % or more a year. Especially in France, the annual sales of organic products reach approximately 573 billion yen* which is the third biggest market in the world following America and Germany. Furthermore, the French government has adopted “Ambition Bio 2017” aiming to increase the area of organic farmland to double and introducing a healthy meal in which organic food is used 20 % of the entire meal served in a staff cafeteria by 2017. This is one of the efforts of the government in promoting the expansion of the market nationwide.

On the other hand, the organic market in Japan is the seventh biggest with the annual sales of approximately 143.1 billion yen*. Therefore, the Japanese market still has a room to grow. Together with mounting health-consciousness, there is growing interest in safety and sustainability of food among people, especially families with small children, which leads to increasing demand for organic products. Moreover, the market is expected to further grow upon the release of basic principle in procurement code concerning over sustainability in 2020 Tokyo Olympics just as 2012 London Olympics and 2016 Rio Olympics.

Bio c’ Bon which is established in 2008, has opened 90 organic SM “Bio c’ Bon” in Paris in France, continued to grow focusing on “fresh perishables” and “reasonably priced products.” Bio c’ Bon continues to expand its business in urban areas including Milano in Italy and Madrid in Spain in a rapid pace, leading the expansion of organic market in France.

Since organic JAS system was introduced in 2000, Aeon has actively worked on expanding organic market in Japan in cooperation with public organizations and producers, and offered Japan’s first organic certified products.

With the establishment of “Bio c’ Bon Japon,” a joint venture company of Aeon and Marne & Finance Europe, the new company is determined to take a lead in expansion of organic market in Japan by taking full advantage of the assets and know-how of both companies. Through attractive and abundant lineup of products and services, we strive to realize customer’s health, wellness, and happiness.

■ Company profile
Company name: Bio c’ Bon Japon
President and representative director: Mitsuko Tsuchiya
Location of headquarters: 1-5-1, Nakase, Mihama-ku, Chiba-shi
Date of establishment: June (date), 2016
Description of business: Organic supermarket business
Ratio of investment: AEON CO., LTD.: 50%
Marne & Finance Europe: 50%

■ President and representative director
Mitsuko Tsuchiya
April, 1986 Joined JUSCO Co., Ltd. (current AEON CO., LTD.)
March, 2001 General Manager of Customer Service Department, Marketing Division, JUSCO Co., Ltd.
May, 2003 Senior Chief Officer of Customer Office, General Manager of Customer Service Department, JUSCO Co., Ltd.
May, 2006 Executive Officer, JUSCO Co., Ltd.
September, 2007 Senior Chief Officer of Customer and Quality Control Office, JUSCO Co., Ltd.
March, 2008 Senior Chief Officer of Environment Office, JUSCO Co., Ltd.
May, 2008 Managing Executive Officer, JUSCO Co., Ltd.
August, 2008 Executive Officer, CEO of Environment Office, JUSCO Co., Ltd.
May, 2010 President and Representative Director, AEON Fantasy Co., Ltd.
March, 2013 Senior Managing Executive Officer, AEON Retail Co., Ltd.
General Manager of Food Product Planning Division, AEON Retail Co., Ltd.
May, 2013 Director, AEON Retail Co., Ltd.

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Aeon Co and Marne & Finance Europe to establish “Bio c’ Bon Japon” joint venture

Aeon Co and Marne & Finance Europe to establish “Bio c’ Bon Japon” joint venture

Intershop and its partner SMC Consulting will have a joint stand at this year’s Netcomm E-Commerce Forum, 18-19 May 2016

  • 18-19 May 2016
  • MiCo – Gate 14, Ingresso Ala Nord, Milan, Italy, Booth A14

Milan, Italy, 2016-May-17 — /EPR Retail News/ — Intershop and its implementation partner, SMC Consulting, will have a joint stand, Booth A14, at this year’s Netcomm E-Commerce Forum, held from 18-19 May 2016 at MiCo, Milan. E-commerce experts from both companies will be on hand to demonstrate features of the flexible and scalable Intershop Commerce Suite, and discuss how the omni-commerce platform enables companies worldwide to leverage the full potential of B2B, B2C and B2X online selling, while consistently delivering outstanding and engaging customer experiences.

With over 6,000 participants, E-Commerce Forum is the leading Italian event dedicated to e-commerce. Promoted by Netcomm, the first and only Consortium of Electronic Commerce in Italy, the event investigates the dynamics of the entire e-commerce supply chain, and brings together prominent guests and speakers to offer useful market insights. For more information, visit http://www.intershop.com/event-details/netcomm-e-commerce-forum.

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, Würth, 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

Best Buy the first and only U.S. retailer where customers can try out Oculus Rift

Minneapolis, MN, 2016-May-17 — /EPR Retail News/ — Last week, Aaron Neuhouser climbed the steep face of a Himalayan mountain for an incredible view — and he did so without ever taking his feet off the ground or leaving the United States.

You see, Aaron wasn’t actually on a mountain. He was virtually on a mountain.

Aaron was at the Best Buy store at Mall of America in Bloomington, Minnesota, where he had an opportunity to experience the highly anticipated Oculus Rift virtual reality headset for the first time.

“It’s entirely immersive,” he said. “It’s incredible to see.”

Best Buy is the first and only U.S. retailer where customers can try out Oculus Rift, with free in-store demos at 48 stores across the country. Hundreds of people have already participated, and the time slots for demos at many stores are booked up for days — or even weeks — in advance.

The demos feature two virtual reality experiences. There’s The Climb, the rock-climbing game that Aaron played, and there’s Dreamdeck, which transports you to places like the top a skyscraper or an alien encounter in outer space.

Haven’t tried VR yet and wondering what you can expect?

“A whole lot of awesomeness,” said Blue Shirt Tim Davis, an Intel Experience Expert at the Mall of America store.

This is expected to be a breakthrough year for VR because the immersive technology is getting easier for consumers to acquire. The Consumer Technology Association (CTS) estimates that virtual reality headset sales will increase 500 percent to 1.2 million units in 2016.

If you want to experience the fully immersive world of virtual reality for yourself, sign up for a demo at live.oculus.com. If time slots are full, try to score one of the walk-up sessions by visiting the store. To find a list of locations, visit BestBuy.com/Oculus.

SOURCE: Best Buy

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Best Buy the first and only U.S. retailer where customers can try out Oculus Rift

Best Buy the first and only U.S. retailer where customers can try out Oculus Rift

Paradies Lagardère won the 2016 Gallup Great Workplace Award for the fourth consecutive year

Travel retail and restaurateur leader secures award for fourth consecutive year

ATLANTA, 2016-May-17 — /EPR Retail News/ — Paradies Lagardère, the North American travel retail and restaurateur leader, won the 2016 Gallup Great Workplace Award for the fourth consecutive year. The award recognizes companies for their extraordinary ability to create an engaged workplace culture. Paradies Lagardère was among select organizations such as Hyatt®, Charles Schwab and Wells Fargo, to receive the award. The company was honored during a ceremony on Wednesday, May 11, at the 2016 Gallup Workplace Summit in Omaha, Neb.

Quotes:

“People and relationships are at the heart of everything we do, and this includes our employees. We place tremendous emphasis on nurturing relationships and loyalty not only among our business partners and the communities we serve, but our associates,” said Gregg Paradies, president and CEO. “Our company culture inspires our highly-engaged workforce to outperform the rest of the industry.”

“Paradies Lagardère works hard to remain people strong through motivating our highly-engaged and committed workforce to outperform the rest of the industry. We do this through our dedicated management teams, extensive training and unrivalled recognition programs,” Nikki Harland, SPHR, senior vice president, Human Resources.

Additional Information:

The Gallup Great Workplace Award recognizes the world’s top-performing organizations for their extraordinary ability to create an engaged workplace culture. These organizations understand that employee engagement is a force that drives real business outcomes and helps lead the global economy. Gallup delivers analytics and advice to help leaders and organizations solve their most pressing problems. Combining more than 80 years of experience with its global reach, Gallup knows more about the attitudes and behaviors of employees, customers, students and citizens than any other organization in the world.

Paradies Lagardère specializes in three key airport concessions areas. Within Travel Essentials and Specialty Retail, we offer a diverse mix of categories including fashion, luxury, electronics, convenience, sports, luggage, jewelry and souvenirs. The company delivers casual and quick-serve restaurants, and quality bars, including local, national and international brands that provide travelers delicious dining options.

Nicole V. Linton

Marketing Communications Manager

Phone: 404 494 3419
Mobile: 470 455 1843
Email Nicole
Mail:  2849 Paces Ferry Road, Overlook 1 – 4th Floor, Atlanta, GA 30339, USA

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Paradies Lagardère won the 2016 Gallup Great Workplace Award for the fourth consecutive year

Paradies Lagardère won the 2016 Gallup Great Workplace Award for the fourth consecutive year

A.S. Watson Group Hong Kong Student Sports Awards (HKSSA) held the 11th Award Presentation Ceremony

HONG KONG, 2016-May-17 — /EPR Retail News/ — A.S. Watson Group Hong Kong Student Sports Awards (HKSSA), one of the most recognised local youth sports awards, held the 11th Award Presentation Ceremony today. With the participation of 85% of all primary, secondary and special schools in Hong Kong, HKSSA presented awards to 943 student sports elites this year. Launched in 2005, HKSSA opens to all local schools to commend one sports talent from each school every year, recognising the effort made by student sports elites behind their achievements and injecting positive energy into the youths.

Mr. LI Bing, Director, Department of Publicity, Cultural and Sports Affairs Liaison Office of the Central People’s Government in the Hong Kong S.A.R., Mr. Eddie NG Hak-kim, SBS, JP, Secretary for Education, Mr. YEUNG Tak-keung, Commissioner for Sports, Recreation and Sport Branch, Home Affairs Bureau and Dr. Trisha LEAHY, BBS, Chief Executive, Hong Kong Sports Institute were invited to present the awards to the student sports elites. Adhering to the motto of HKSSA “Yes I Can!”, awardees were encouraged to work hard for a wonderful future.

Leading up to the Rio 2016 Olympic Games, Ms. LO Sin-lam, the Windsurfing Elite Athlete who secured a spot at the game shared how she prepares for her Olympic debut in Rio. Ms. CHAN Yuen-ting, Head Coach of Eastern Football Team and Mr. CHOW Ting-yu, Former World Wushu Champion were also invited to share their happiness and struggle behind success with the awardees, hoping awardees’ passion can be fired up and brought into full play the spirit of Rio Olympics “Live your passion”.

Speaking at the ceremony, Mr. Dominic Lai, Group Managing Director of A.S. Watson Group said, “Being one of the largest scale student sports elite recognition programmes, the number of HKSSA awardees this year marked a record high. It is encouraging to see that the schools support the awardees very much.”

Mr. Lai continued, “To celebrate the 175th anniversary of A.S. Watson Group, the Group launched a philanthropy programme “Project LOL”, which focuses in 3 areas namely health, education and community, hoping to bring “Lots of Love” and “Lots of Laughs” to the people of Hong Kong and to inject more positive energy into the community. HKSSA has now become one of the large-scale events under Project LOL.”

Mr. Eddie Ng Hak-kim, Secretary for Education said, “The Education Bureau has made every effort to nurture and identity students with sports talent through various learning experiences. In schools, the physical education curriculum is broad and balanced to promote students’ interest in sports though a variety of activities. After school lessons, students can also take part in co-curricular activities, like interest groups and school team training, to receive systematic and specialised training, and participate in sports competitions. In addition, talented and outstanding students can further receive special sports training in respective institutions, paving the way for aspiring to be elite athletes.”

“I would like to extend special thanks to A.S. Watson Group for its continuous support for student sports activities in Hong Kong, serving as a role model for enterprises to fulfill their social responsibility. This award has made enormous contributions in encouraging young people to take part in wholesome sports activities and hence establishing an active and healthy lifestyle.”

Watson House, 1-5 Wo Liu Hang Road, Fo Tan,Shatin, N.T., Hong Kong
+852 2606 8833
+852 2690 2836
grouppr@aswatson.com

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Celebrating the 11th anniversary of HKSSA, Mr. LI Bing, Director, Department of Publicity, Cultural and Sports Affairs Liaison Office of the Central People’s Government in the Hong Kong S.A.R. (5th from left in the front row), Mr. Dominic Lai, Group Managing Director of A.S. Watson Group (5th from right in the front row) and Mr. YEUNG Tak-keung, Commissioner for Sports, Recreation and Sport Branch, Home Affairs Bureau (4th from right in the front row) kick off the award presentation ceremony

Celebrating the 11th anniversary of HKSSA, Mr. LI Bing, Director, Department of Publicity, Cultural and Sports Affairs Liaison Office of the Central People’s Government in the Hong Kong S.A.R. (5th from left in the front row), Mr. Dominic Lai, Group Managing Director of A.S. Watson Group (5th from right in the front row) and Mr. YEUNG Tak-keung, Commissioner for Sports, Recreation and Sport Branch, Home Affairs Bureau (4th from right in the front row) kick off the award presentation ceremony

Jason Davy, Store Owner, New World Foxton: I am extremely grateful to be given the opportunity by Foodstuffs to purchase New World Foxton

Jason Davy left school at 16 to become a full-time trolley boy at PAK’nSAVE New Plymouth. 

Auckland, New Zealand, 2016-May-17 — /EPR Retail News/ — Since then a lot of things have changed, he has been married to Patricia for over 22 years and together they have three children, Chloe, Madison and Zavier. Trish studied law as an adult while raising her family and now works as a lawyer in her own practice.

And, almost 30 years later, Davy is thrilled to be taking on the role of owner-operator of New World Foxton and says buying the store is the realisation of a long-held dream.

“Since I was 16, I’ve wanted to run my own store,” he says. “I love being in the grocery business, it moves fast and no day is ever the same – I’ve been managing PAK’nSAVE Kapiti now for 5 years and what I’ve leant is the heartbeat of a supermarket is quite simply its customers. Making sure we meet, and exceed, our customer’s expectations every day is both challenging and thrilling.”

“I am extremely grateful to be given the opportunity by Foodstuffs to purchase New World Foxton. And I guess it shows that young ones just starting out can reach their goals if they work hard.”

Davy credits Foodstuffs’ internal management development programme, and the mentorship of his long-time bosses at PAK’nSAVE Kapiti, owners Peter Anderson and Glen Taylor, with helping him reach his goal of store ownership.

“I wouldn’t be where I am today without the training, leadership and coaching that I received from Peter and Glen,” he says. “They, along with all the managers and staff at PAK’nSAVE Kapiti, are a large part of the reason I’ve been successful, and I’m very thankful to them all for their encouragement and support.”

PAK’nSAVE Kapiti co-owner and Foodstuffs North Island Board Chairman, Peter Anderson says for hard working, passionate individuals with strong leadership skills these opportunities exist right across the Foodstuffs network – both at store level and in the support centres.

“It is in the Foodstuffs DNA to work hard and have a real passion for the business and Jason really is a great example of what can be achieved through hard graft and dedication.”

“As a cooperative the Foodstuffs business is unique, each store is operated by an owner that lives and breathes the success of their store – part of this success is seeing our people achieve their true potential. And I feel that I speak on behalf of all the New World and PAK’nSAVE owners when I say we take real pride in investing in our people and giving them the chance to grow and develop within the wider business,” says Anderson.

“Jason is a wonderful example of how our people can rise through the ranks by working hard and seizing all the opportunities that are made available to them. Glen and I wish him every success as he takes on New World Foxton, I know he will do a great job.”

—- ENDS —-

Notes to editors – Jason Davy’s work history at Foodstuffs

2016       Store Owner, New World Foxton

2012       Winner, Wellington Top Shop Award (large format)

2011       Store Manager, PAK’n SAVE Kapiti

2010       Winner, Foodstuffs Emerging Leader Award

1997       Grocery/Hardware/Liquor Manager, PAK’n SAVE Kapiti

1994       Deli Manager, PAK’n SAVE Kapiti

1993       Deli Manager, New World Wellington City

1990       Deli Assistant-Manager, PAK’nSAVE New Plymouth

1988       Deli Assistant, PAK’nSAVE New Plymouth

1987       Trolley Wrangler, PAK’nSAVE New Plymouth

Entries now open for the 2016 New World Wine Awards

Auckland, New Zealand, 2016-May-17 — /EPR Retail News/ — Entries are now open for the 2016 New World Wine Awards, a wine show that provides winemakers with the opportunity to enjoy direct, tangible commercial benefits from their award-winning wines. In addition to the distinction of an award that judges quality on the same basis as all other wine competitions, winning wines are guaranteed national distribution and extensive promotion, driving sustained sales.

Mark Bowers of Rapaura Springs, the vineyard behind the 2015 New World Wine Awards Champion Sauvignon Blanc said they saw an immediate boost in sales of their Reserve Sauvignon Blanc.

“We enjoyed a huge boost in sales and brand awareness because our Champion wine was in every New World throughout the country and because of the promotional support that is wrapped around top wines that win medals at the awards. Other wine shows just don’t have the distribution and retail network to support the award winners in the same way,” he said.

Chair of the independent judging panel, Jim Harré, said the New World Wine Awards has grown yearon-year to become such an important fixture on the wine calendar because of the credibility of the awards, the benefits to winemakers, and the unique focus of this wine show on affordability and availability of wines.

In order to be eligible for entry to the New World Wine Awards the wines entered must retail for $25 or less and there must be at least 5,000 bottles available for sale through New World’s supermarkets nationwide. This ensures the award-winning wines are more accessible for wine lovers than is often the case for other wine awards.

“The calibre of the judging panel and integrity of the judging process are essential elements for any serious wine show, and that is certainly the case for the New World Wine Awards,” said Mr Harré.

Chaired by Jim Harré every year since 2008, the New World Wine Awards judging panel includes 12 other independent expert wine judges, many of whom return to the panel each year. This year’s guest international judge is Sue Hodder, one of Australia’s most well-known winemakers and senior winemaker for Wynns Coonawarra Estate in South Australia.

The judging panel blind taste and judge each wine using the same internationally recognised 20-point scale as other leading wine shows. They award Gold, Silver and Bronze medals, with the best wines in each category re-tasted to determine the Champion wine of each varietal, plus the overall Champion Red and Champion White.

“Wine lovers are increasingly recognising and eagerly anticipating the results of the New World Wine Awards each year, as reflected by how quickly some of the winning wines are snapped up,” said Mr Harré.

Following the announcement of the 2015 New World Wine Awards results last year, 323,000 bottles of wine, with a retail value in excess of $4.6m, sold in the first six weeks of the promotion last year. Some Champion wines were so popular that they sold-out within the first 10 days.

The judging will take place over three days at Wellington’s Westpac Stadium in August, with results announced later in the year.

Entries to the New World Wine Awards close on Friday, 24 June. All details can be found online.

ENDS

For more information or images, please contact: Louise Nolan 022 692 2752

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Entries now open for the 2016 New World Wine Awards

Entries now open for the 2016 New World Wine Awards

Philippines: SM Prime Holdings to offer to the public up to Php60 billion worth of Bonds

Pasay City, Philippines, 2016-May-17 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the offering to the public of up to Php60 billion worth of Bonds (the ”Bonds”). The Bonds will be filed under a shelf registration to be issued for a period of three (3) years, with an initial offering of up to Php5 billion with an over subscription option of up to Php5 billion worth of Fixed rate bonds, with maturity of 10 years (the “Series “F” Bonds”).

The Board of Directors also authorized the management to negotiate and finalize the terms and conditions, including pricing, tenor and any increase in issuance amount, and execute any and all documents necessary, to implement the retail bond issue.

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For further information, please contact:

Ms. Teresa Cecilia H. Reyes
Vice President, Finance
SM Prime Holdings, Inc.
E-mail: teresa.cecilia.reyes@smprime.com
Tel. no.: 831.1000 loc. 7820