NCR Corporation expand its cooperation with the largest Russian retail chain Magnit

Successful ROI indicators of the implementation of NCR Fastlane SelfServ™ checkouts in 2015 led the largest Russian retailer to rollout the technology in further stores

MOSCOW, RUSSIA, 2016-May-25 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies announces the expansion of its cooperation with the largest Russian retail chain Magnit on the installation SelfServ checkouts in its retail stores. The current project includes the implementation of NCR Fastlane SelfServ checkouts with associated software, fiscal printers from NCR’s partner company Shtrih, as well as integration support from New Vision, another local NCR partner.

Together with these two partners, NCR demonstrated in 2015 the value of new technologies for the increase in customer satisfaction, as well as the improvement of the efficiency of work of trade objects in 2015. Based on the results of the cooperation, Magnit has decided to continue with the implementation of Fastlane SelfServ™ checkouts over the next two years. During this period, about 2000 units will be installed in dedicated self-service areas in the majority of its stores.

“In the current economic climate, self-checkout can provide added benefits for retailers. This technology enables retailers to better service customers without increasing the number of staff”, said Andriy Pinkevych, Area Sales Leader of NCR Russia’s Retail Solutions Division.

About Magnit retail chain
The retail chain Magnit is the largest retail network for groceries in Russia. On March 31, 2016 Magnit operated 9,715 stores in the format “at home”, 255 hypermarkets, 157 «Magnit Family» stores, and 2,337 drug stores located in 2,385 locations across the Russian Federation. The company manages its own logistics system consisting of 34 distribution centers, that are equipped with automated stock replenishment systems and a fleet of 5,861 cars.

About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with approximately over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web sites:
Twitter: @NCRCorporation

News Media Contacts

Ortrud Wenzel
NCR Public Relations
+49 821 405 8191

Tim Henschel
NCR Public Relations
770 299 5100

Alibaba Group Holding Limited files its annual report on Form 20-F for the fiscal year ended March 31, 2016

Hangzhou, China, 2016-May-25 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2016. The annual report can be accessed under the SEC Filing section on the Company’s investor relations website at

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Alibaba Group, 26/F Tower One, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong.

Media Contacts

Robert Christie
Alibaba Group

Haili Cao
Alibaba Group

LuLu Group partners with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate Ramadan project

DUBAI, 2016-May-25 — /EPR Retail News/ — LuLu Group joined the charity drive by partnering with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate a Ramadan project that aims to distribute shopping cards worth Dh. 4 million to deserving Emirati families throughout the UAE.

At a press conference held on 23 May at the Foundation’s head office in Dubai, a Memorandum of Understanding MoU in this regard was signed between H.E. Ibrahim Boumelha, Vice Chairman of the Board of Trustees of the Foundation, on behalf of Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation and Yusuff Ali M.A., Chairman and Managing Director of LuLu Group, in the presence of Saleh Zaher Al Mazroai, General Manager, Mohammed Bin Rashid Al Maktoum Humanitarian & Charity Est., Salim M.A., Director of LuLu Group, and other top officials.

More than 5,000 deserving families in all the seven emirates will be given charity cards during the month of Ramadan. The cards will have denomination amount of Dhs. 500 to be redeemed for food items throughout Ramadan at any LuLu Group outlets in the country. This is the 9th year of joint initiative being carried out by LuLu Group and Mohamed Bin Rashid Al Maktoum Charity and Humanitarian Foundation together, and a total of Dhs. 24 million worth of charity cards has so far been issued, including this current year.

Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation engages in charity work within and outside the UAE during the Holy Month of Ramadan. As part of its constant drive to deliver necessary support to various segments of the society, funds are offered to needy UAE nationals and residents and to people in a number of friendly countries around the world.

Commenting on this initiative, H.E. Ibrahim Boumelha said, “This year more families will benefit from this project and is of great importance to the Foundation as it cooperates with its partners in charity within the UAE for the distribution of the smart cards. On this occasion, we also extend our gratitude to LuLu Group for partnering with us for this noble cause.

Mr. Yusuff Ali M.A. said, “It’s indeed an honour for us to be able to be a part of such a noble cause and we thank His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, for choosing us for his vision to bring happiness in the lives of under privileged during the holy month of Ramadan.”

H.E. Ibrahim Boumelha also presented a certificate of appreciation to LuLu Group, which was received by Yusuff Ali for supporting and as a recognition of the charity initiatives of Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation for the last nine years.


• 9th year of joint initiative between LuLu Group and Mohd. Bin Rashid Al Maktoum Charity Foundation
• A total of 8,360 cards to be distributed worth Dhs. 4 million
• More than 5,000 deserving families to benefit
• Cards in Dhs. 500 denomination to be distributed to deserving families
• Cards to be redeemed in any LuLu Group outlets in the country



LuLu Group partners with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate Ramadan project

LuLu Group partners with Mohammed Bin Rashid Al Maktoum Charity and Humanitarian Foundation to initiate Ramadan project

Lowe’s to present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA

MOORESVILLE, N.C., 2016-May-25 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announces that Robert F. Hull, Jr., chief financial officer, and Michael A. Jones, chief customer officer, will present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA.

What: Presentation by Bob Hull and Mike Jones at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA
When: 10:40 a.m. Eastern Time on Wednesday, June 1, 2016
Where: on Webcasts and then Lowe’s Companies, Inc. at RBC Capital Markets 2016 Consumer & Retail Conference
How: Live over the internet – the archived webcast will be available until August 30, 2016

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe’s has more than 2,355 home improvement and hardware stores and 285,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit

SOURCE Lowe’s Companies, Inc.

IKEA broke ground on its future Columbus store scheduled to open in Summer 2017

COLUMBUS, OH, 2016-May-25 — /EPR Retail News/ — With company representatives, Columbus Mayor Andrew J. Ginther, Delaware County Board of Commissioners President Barb Lewis, local officials and community leaders on-hand, IKEA, the world’s leading home furnishings retailer, today officially broke ground on its future Columbus store. Until the future IKEA Columbus opens in Summer 2017 as the second IKEA store in Ohio, customers can shop at stores in: West Chester, OH; Pittsburgh, PA; and Canton, MI; or online at

The 355,000-square-foot future IKEA Columbus and its 1,100 parking spaces will be built on 33 acres at the northeastern corner of Interstate-71 and Gemini Place in the Polaris Centers of Commerce development, approximately 15 miles north of downtown Columbus. IKEA has contracted with Pepper Construction to build the project and plans reflect the same unique architectural design for which IKEA stores are known worldwide. IKEA also will evaluate potential on-site power generation to complement its current U.S. renewable energy presence at nearly 90% of its U.S. locations.

“This location will help bring the unique IKEA family-friendly shopping experience closer to many Columbus-area customers who currently can shop only at IKEA stores elsewhere or online,” said Lars Petersson, IKEA U.S. president. “The store also will attract new customers from throughout Central Ohio who value good design, good function and affordable prices, but have not had a chance yet to shop at IKEA.”

IKEA Columbus will feature nearly 10,000 exclusively designed items, 50 inspirational room-settings, three model home interiors, a supervised children’s play area, and a 450-seat restaurant serving Swedish specialties such as meatballs with lingonberries and salmon plates, as well as American dishes. Other family-friendly features include a ‘Children’s IKEA’ area in the Showroom, baby care rooms, play areas throughout the store, and preferred parking. In addition to the more than 500 jobs that are expected to be created during the construction phase, approximately 300 coworkers will join the IKEA family when the new store opens. IKEA Columbus also will provide significant annual property and sales tax revenue for local governments and schools.

Candidates interested in working at this employer of choice should begin looking online this Fall at, where they can apply for diverse positions available in home furnishings sales, interior decoration, customer service, safety and security, cashiers, maintenance, goods flow, receiving, warehouse and stock replenishment. Among its total coworkers, IKEA Columbus also will offer more than 50 food service opportunities in its Restaurant, Swedish Foodmarket, Café Bistro and coworker cafeteria.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function at low prices so the majority of people can afford them. There are currently more than 380 IKEA stores in 48 countries, including 42 in the U.S. IKEA has been included in rankings of “Best Companies to Work For” and, as further investment in its coworkers, has raised its own minimum wage twice in two years. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information see, @IKEAUSA, @IKEAUSANews, or IKEAUSA on Facebook, YouTube, Instagram and Pinterest

Contact: Joseph Roth, U.S. Expansion
(610) 834-0180, x 6500

H&M announces collaboration with KENZO

STOCKHOLM, SWEDEN, 2016-May-25 — /EPR Retail News/ — H&M is proud to announce that its next designer collaboration will be with KENZO, the vibrant and playful Parisian house that captures the energy of global culture to create its unique, youthful spirit. Creative Directors Carol Lim and Humberto Leon will bring the spirit of KENZO to H&M, creating collections for women and men as well as accessories. KENZO x H&M will be available in over 250 selected H&M stores worldwide, as well as online, from November 3, 2016.

Since joining the house in 2011, Carol Lim and Humberto Leon have set their own fashion agenda with collections full of bold colours and vivid prints, revealed through high-impact shows, artist collaborations and creative digital campaigns. Global influences and traditions are remixed and fused with the energy of the street, resulting in collections that are both inspirational and accessible to their fans around the world. At KENZO, fashion expresses freedom, joy and individuality for all.

“We can’t wait to share with everyone the world of KENZO x H&M, with all of its creativity, fun and love of fashion,” says Ann-Sofie Johansson, Creative Advisor at H&M.

“With this collaboration with H&M we want to think big, push the boundaries and bring the new energy of KENZO to everyone around the world,” says Carol Lim and Humberto Leon, Creative Directors at KENZO.


Only press enquiries

Phone: +46 8 796 53 00


H&M announces collaboration with KENZO

H&M announces collaboration with KENZO

CVS Health expands access to opioid overdose-reversal drug naloxone in seven additional states this summer

WOONSOCKET, R.I., 2016-May-25 — /EPR Retail News/ — CVS Health (NYSE: CVS) today announced it will expand access to the opioid overdose-reversal drug naloxone in seven additional states this summer, contributing to a total of 30 states where the life-saving medication will be more accessible to CVS Pharmacy patients. CVS Health’s naloxone program establishes a standing order with a physician in the state, which permits CVS Pharmacists to dispense naloxone to patients without an individual prescription.

“Naloxone is a safe and effective antidote to opioid overdose and by expanding availability of this medication, we can save lives and give more people a chance to get the help they need for recovery,” said Tom Davis, RPh, Vice President of Pharmacy Professional Practices at CVS Pharmacy. “By establishing a physician-authorized standing order that allows our pharmacies to dispense naloxone to patients without an individual prescription, we strengthen our commitment to helping the communities we serve begin to address the challenges of prescription drug abuse.”

Expansion of the company’s naloxone program will begin with New Mexico in late May; followed by Louisiana in early June; Florida in early July; Colorado, Idaho andOregon in mid-July; and Washington in early August. Naloxone is already available without a prescription at CVS Pharmacy locations through standing order or collaborative practice agreements in 23 states: Arkansas, California, Connecticut,Indiana, Kentucky, Maryland, Massachusetts, Minnesota, Mississippi, Montana, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio,Pennsylvania, Rhode Island, Tennessee, Utah, Vermont, Virginia and Wisconsin.

“Expanding access to the overdose-reversal drug naloxone is a critical part of our national strategy to stop the prescription drug and heroin overdose epidemic along with effective prevention, treatment, and enforcement,” said Michael Botticelli, Director of National Drug Control Policy. “Thanks to efforts on naloxone like those announced today by CVS Health, more Americans will have access to this lifesaving drug.”

The move to expand access to naloxone builds on CVS Health’s longstanding commitment to help communities address and prevent drug abuse through education, outreach and safe medication disposal. Patients visiting can find recently launched drug abuse prevention resources for themselves and their families. The company has also launched a community outreach program called Pharmacists Teach, which brings local pharmacists to high school health classes to talk to students about the dangers of drug abuse. More than 80,000 students have already been part of the program. High schools across the country can learn more about bringing Pharmacists Teach to their school here.

CVS Health has also joined with the Partnership for Drug-Free Kids for the Medication Disposal for Safer Communities Program, which has donated more than 500 drug disposal units to police departments around the country. The program gives members of the community a safe and environmentally friendly way to dispose of unwanted medication and has already collected more than 35 metric tons of prescription drugs. Police departments across the country can apply to receive a drug collection unit from the program here.

“CVS Health has been a leader in the work of helping communities prevent prescription drug abuse,” said Marcia Lee Taylor, President and CEO, Partnership for Drug-Free Kids. “In addition to proper disposal of unwanted medication, increasing access to naloxone is a critical public health priority that allows patients and their families to prevent opioid fatalities and recognize when people need help working towards recovery from the disease of addiction.”

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

Media Contact:
Erin Shields Britt
Corporate Communications


MinuteClinic announces new initiative to expand access to health care services for Veterans in Northern California

WOONSOCKET, R.I., 2016-May-25 — /EPR Retail News/ — MinuteClinic, the walk-in medical clinic of CVS Health (NYSE: CVS), announced today a new initiative with the Department of Veterans Affairs Palo Alto Health Care System to expand access to high quality and convenient health care services for Veterans in Northern California. Through this initiative, more than 60,000 Veterans who are enrolled in the VA Palo Alto HCS can now be referred to MinuteClinic for acute health services.

“We are pleased to announce this new initiative with the VA Palo Alto Health Care System,” said Andrew Sussman, M.D., Executive Vice President and Associate Chief Medical Officer, CVS Health and President, MinuteClinic. “Through this arrangement, MinuteClinic and the VA Palo Alto will join forces to provide Veterans in Northern California with additional options for high quality clinical services. We’re committed to providing top-notch care to the area’s Veterans and this relationship will allow us to do so in locations and at times that are convenient for the VA’s patients.”

VA Palo Alto HCS consists of three inpatient facilities located at Palo Alto, Menlo Park, and Livermore, plus seven outpatient clinics in San Jose, Fremont, Capitola,Monterey, Stockton, Modesto, and Sonora. Veterans who call the VA Palo Alto’sNurse Helpline (1-800-445-0057) can be referred to one of 14 area MinuteClinic locations for treatment of common illnesses. As an added convenience, Veterans who are written a prescription at a MinuteClinic visit will be able to fill it at CVS Pharmacy.

“This program reaffirms our commitment to access through innovation and flexible health care delivery,” said Dr. Stephen Ezeji-Okoye, Deputy Chief of Staff, VA Palo Alto Health Care System. “The diverse geography of our Veteran population requires us to think about access as providing the right care at the right place at the right time – as defined by the Veteran. We are particularly excited about working with MinuteClinic because they share our commitment to high quality care and our belief in meeting Veterans needs as efficiently and effectively as possible.”

MinuteClinic and the VA Palo Alto will utilize an interconnected electronic medical record (EMR) system, which will advance clinical care for the Veterans treated through the arrangement. After patient consent, participating MinuteClinic locations will electronically send patient visit summaries to the patient’s primary care physician at the VA. If more comprehensive care is needed, Veterans will be directed to follow up with their VA primary care provider for additional services as appropriate.

“By allowing our electronic health records to communicate and share important clinical information, we’ll have a more comprehensive view of the Veterans we collectively serve, which will enable important health care decision making and ensure continuity of care,” Sussman added.

Nurse practitioners at MinuteClinic specialize in family health care and can diagnose, treat and write prescriptions, as appropriate, for common family illnesses such as strep throat; ear, eye, sinus, bladder and bronchial infections; nausea, vomiting and diarrhea; and heartburn and indigestion. Minor wounds, abrasions, skin conditions, sprains and strains are treated, and common vaccinations such as influenza, tetanus, pneumonia and Hepatitis A and B are available at most locations.

Prevention and wellness services include screening and monitoring for diabetes, high blood pressure and high cholesterol, tuberculosis (TB) testing, contraceptive care, motion sickness prevention and smoking cessation. MinuteClinic is open seven days a week and no appointment is necessary.

The 14 MinuteClinic locations that are participating in the VA Palo Alto collaboration include:

  • MinuteClinic, 1871 El Camino Real, Burlingame, CA
  • MinuteClinic, 576 E El Camino Real, Sunnyvale, CA
  • MinuteClinic, 2514 Berryessa Road, San Jose, CA
  • MinuteClinic, 2700 Homestead Road, Santa Clara, CA
  • MinuteClinic, 2630 W El Camino Real, Mountain View, CA
  • MinuteClinic, 1720 S Bascom Avenue, Campbell, CA
  • MinuteClinic, 987 E Hillsdale Boulevard, Foster City, CA
  • MinuteClinic, 10455 S De Anza Boulevard, Cupertino, CA
  • MinuteClinic, 2455 San Ramon Valley Boulevard, San Ramon, CA
  • MinuteClinic 1350 Florin Road, Sacramento, CA
  • MinuteClinic, 5040 Laguna Boulevard, Elk Grove, CA
  • MinuteClinic, 650 San Ramon Valley Boulevard, Danville, CA
  • MinuteClinic, 738 Bancroft Road, Walnut Creek, CA
  • MinuteClinic, 8101 Greenback Lane, Fair Oaks, CA

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

Media Contacts:

Amy Lanctot
(401) 770-2931
CVS Health

Brent Burkhardt
(401) 986-1303
TBC (for MinuteClinic)



COLUMBUS, Ohio, 2016-May-25 — /EPR Retail News/ — In conjunction with L Brands’ sales release, you are invited to listen to a pre-recorded broadcast of the May Sales report. The broadcast will be available on the Internet on Thursday, June 2 at 7:30 a.m. ET.

What: L Brands May Sales Report
When: 7:30 a.m. ET on Thursday, June 2, 2016
How: Simply log on to the Web at the address above or dial 1-866-639-7583.
There is no security passcode.

To access the broadcast, click on the May Sales webcast link on the homepage.  The call will also be archived on

L Brands, through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 3,038 company-owned specialty stores in the United States, Canada, the United Kingdom and China, and its brands are sold in more than 700 additional franchised locations worldwide.  The company’s products are also available online at,, and

Tammy Roberts Myers
Vice President, Communications
614-415-7072 tel.

Amie Preston
Chief Investor Relations Officer
614-415-6704 tel.

365 by Whole Foods Market opens May 25 in Los Angeles’ Silver Lake

Offers craft brew bar, a “Carrot Dog,” custom tea blends; retailer unveils loyalty program

LOS ANGELES, 2016-May-25 — /EPR Retail News/ — The first 365 by Whole Foods Market location opens Wednesday, May 25, at 9 a.m. in Los Angeles’ Silver Lake at 2520 Glendale Blvd., following a cake-cutting ceremony with 365 by Whole Foods Market leaders and the community.

Open daily from 8 a.m. to 10 p.m., the 28,000-square-foot store offers a thoughtful selection of grab-and-go prepared foods, grocery items, unique venues and retail innovations that streamline the shopping experience for customers seeking convenience and value on high quality products without artificial colors, sweeteners or preservatives.

“Whether you’re looking for a quick in-and-out shop for a few items, stocking up for the week, or having a sit down dinner at by CHLOE. with a beer from Allegro’s craft brew bar, you’ll find a blend of innovation and convenience,” said Jeff Turnas, president, 365 by Whole Foods Market. “From the food offerings to the design, we’ve built a foundation on the quality standards you’ve come to expect from Whole Foods Market in a fun new format that’s easy to navigate and focused on value in every department.”


In the large grab-and-go section with an array of prepared foods options, shoppers can order hot dogs, bowls made with quinoa, rice and veggies and pizza from self-serve kiosks. Prepared foods items meet the same quality standards as all products sold in the store. Menu highlights:

  • Eclectic hot dogs like the vegan “Carrot Dog” made with a braised carrot, tamarind chutney slaw, cilantro and avocado served on a bun from Los Angeles-based Larder Baking Company and
  • Pizza offerings like the vegan veggie made with Kite Hill ricotta and chicken bulgogi with sauce made from Bianco DiNapoli tomatoes.
  • Hot and cold bars with rotating items like bibimbap and kimchee fried rice, chicken verde enchiladas and schichimi togorashi brussel
  • Soups include West African peanut, Tonkatsu chicken and vegetable soup, chicken Hlelem, and vegan coconut vegetable
  • Everyday items like brown rice, beans, tortillas and seasonal salads like cauliflower and radicchio.

“Friends of 365”

  • Allegro Coffee craft brew bar – features cold brew coffee, beers on tap and a new spot for coffee or an after-work happy hour. With more than 65 indoor and outdoor seats, the menu has traditional espresso drinks, brewed coffee, loose leaf tea blends, plus wine and local beers on tap, including Los Angeles County-based 101 India Pale Cider, Ballast Point Sculpin, Grapefruit Sculpin and Imperial Stout from San Diego on Draft during opening week.  Wines by the glass include AIX Rosé, Criterion Collection Mendoza Malbec and Hedges CMS. Besides serving nitro and Vietnamese nitro cold brew on tap, skilled baristas will brew espresso drinks such as cortados, cappuccinos, Americanos and lattes; shoppers can choose from a selection of rotating pastries and savory items like a spinach feta pinwheel, strawberry oat scone or a pain au chocolate made by James Beard award-winning chef Suzanne Goin’s Los Angeles-based Larder Baking Company. Hours of operation are 8 a.m. to 9 p.m., seven days a week.
  • teaBOT – Customizable tea station teaBOT, offers an efficient self-serve kiosk, allowing customers to create personalized tea blends by choosing from a selection of 18 teas and herbal ingredients.
  • by. CHLOE – With a vegan menu and intimate space with 38 seats and a communal dining counter, by CHLOE.’s first Los Angeles outpost offers Silver Lake residents and vegan food enthusiasts a new option for lunch, dinner, weekend brunch or an afternoon snack. The menu features a selection of by CHLOE.’s signature items like the quinoa taco salad, sweet potato mac-and-cheese and ice creams such as “Kale Cookies + Cream” and “Boozy Banana Bourbon” made with Woodford Reserve Bourbon.  All plant-based menu items are vegan and kosher. Hours of operation are Monday and Tuesday, 11 a.m. to 10 p.m., Wednesday through Friday 11 a.m. to 11 p.m., Saturday 10 a.m. to 11 p.m., and Sunday 10 a.m. to 10 p.m. by. CHLOE opens after Memorial Day.


Offers 5,000 square feet of produce with an extensive selection of organic and conventionally grown fruits and vegetables and “veg valley,” an enclosed area for chilled produce.

  • Many items sold by the each and customers can weigh and sticker their own items
  • Value priced floral selections at two price points: $5 and $10.

Meat & Sea

Offers nearly 30 ready-to-cook items including chicken, meat, pork, seafood and marinated selections of high-quality meats from animals raised without antibiotics and added hormones. All items are packaged for convenience. Includes:

  • Sustainably sourced fresh fillets, value priced, vacuum-packed fish and shellfish, and steaks and marinated options.
  • Selection of 100 percent grass-fed organic beef and organic chicken.
  • 365 by Whole Foods Market has full knowledge and traceability of all fresh seafood and strives to source local options that meet Whole Foods Market’s strict quality standards.
  • All beef, chicken and pork are step-rated, using Global Animal Partnership’s 5-Step® Animal Welfare rating system, and adhere to Whole Foods Market’s stringent quality standards.


Total Pantry (grocery, bakery, bulk, supplements and body care)

From a large selection of salty snacks to baking supplies, supplements and body care, the departments has options for everyday grocery needs.

  • An assortment of frozen meals, pet food products and hundreds of 365 Everyday Value™ products.
  • A bulk section with grains, flours, nuts, spices and candies available by the pound.


Features an assortment of kombucha and cold pressed juices from Suja, Evolution Fresh, Temple Turmeric and REBBL, plus a curated collection of more than 400 wines, including eco-friendly and biodynamic options, a varied selection of special-occasion wines and fun beverages like sake and sangria. Highlights:

  • 365 by Whole Foods Market partnered with Banquet by Delectable, a smartphone app that scans wine labels and provides instant descriptions and ratings for customers seeking wine selections.
  • The wide selection of wine is value-oriented; the majority of bottles are priced at or below $20. Shoppers will also find a handful of popular higher-end champagne offerings like Veuve Clicquot, which were thoughtfully selected by buyers.
  • Local wines include selections from Mesa Corazon (San Diego), Forces of Nature (Paso Robles) and Alma Rosa (Buellton).
  • Thirty-two feet of chilled beer with an assortment of local craft beers, domestic favorites and unique imports. Local beer offerings include Angel City, Smog City, Golden Road, Strand Brewing and 101 Cider House.
  • Opening week deals include La Vieille Ferme’s red and white blends and rosé for $6 a bottle, and Red Stripe six packs for $6 each.


  • An assortment of yogurt, eggs, milk, including non-dairy alternative milks and yogurts, like refrigerated rice soy, almond, coconut and flax; also many shelf-stable options: almond, soy, rice, quinoa, hemp.
  • A frozen section with 124 feet of goodies, from entrees to ice cream, pizzas and more.
  • All eggs sold at 365 by Whole Foods Market are cage-free.

Store Design

The look and feel of the store is streamlined to match its product selection. The Silver Lake location and subsequent stores are designed with convenience and efficiency in mind, to create an easy flow and streamlined customer experience.

  • There are limited printed signs, all price tags are digital and customers should be able to see the entire store from where they stand when they walk in.
  • The space is accented with blues, reds and yellows, denoting an energetic, fresh vibe that complements the light shades of green and blue in the brand’s logo.
  • A colorful and textured piece of art reflective of the neighborhood, “Silver Kale,” by Sebastien Leon Agneessens serves to inspire team members.
  • Each 365 by Whole Foods Market store will feature a signature piece of art that reflects the community in which it opens.
  • Additional amenities include home delivery via Instacart, free Wi-Fi available in seating areas throughout the store, a bike lock-up section and accessible parking.

My 365 Rewards

The Silver Lake opening coincides with the launch of My 365 Rewards, a 100 percent digital loyalty program offering customers added value and personalized offers, product recommendations and deals based on individual preferences.

  • “Gimme 10 Deals” provide 10 percent off products featured on the end caps throughout the store and select items chilled and frozen.
  • Digital “Punch Buddy Cards” offer “buy 10 and get one free” on favorite items.
  • “Yay for You!” offers complement shoppers’ product preferences.
  • Shoppers can sign up online and can use their digital membership card or phone number at checkout.

Opening Day Deals & Happenings

Throughout the store, customers will discover “Flash Finds,” featuring new products, seasonal items or unique offerings available for a limited time. Opening week highlights include Frankie’s Spuntino olive oil, Momofuko Market Ssam sauce, CoolHaus ice cream, Pop Art popcorn and an assortment of hand-selected wines.

Additional grand opening deals include 365 by Whole Foods Market boneless skinless chicken breasts 5-Step® Animal Welfare Step 3 Rated for $3 a pound, seedless watermelon for $3 each, organic grass fed ground beef 5-Step® Animal Welfare Step 4 Rated for $5 a pound and pints of organic blueberries, two for $5.

For details on all upcoming events and activities, click here, follow us on Facebook or @365bywholefoods on Instagram and Twitter.


365 by Whole Foods Market opens May 25 in Los Angeles’ Silver Lake

365 by Whole Foods Market opens May 25 in Los Angeles’ Silver Lake

Paradies Lagardère invites active or retired military for free meals between Memorial Day and Independence Day at its participating airport restaurants

Popular program thanks nation’s military for service and sacrifice

ATLANTA, 2016-May-25 — /EPR Retail News/ — Paradies Lagardère, the North American travel retail and restaurateur leader, will once again offer free meals to the country’s military personnel through its Food and Beverage Division’s Treat Our Troops program. Between Memorial Day and Independence Day, Paradies Lagardère invites active or retired military to receive this special form of gratitude from its customers in these participating airport restaurants:

  • Hartsfield–Jackson Atlanta International Airport – Sweet Auburn Market
  • Asheville Regional Airport – Blue Ridge Tavern
  • Ronald Reagan Washington National Airport – Say Si Bon!, Washington Pour Bar, U Street Pub, Wow Bao and Magic Pan
  • Denver International Airport – Say Si Bon!, Magic Pan, Big Bowl and The Coffee Bean & Tea Leaf
  • Long Beach Airport – Long Beach Marché, The Boathouse and 4th Street Vine
  • Northwest Arkansas Regional Airport – Jammin’ Java, Coastal Roast, Say Si Bon!, Smokewood American Grill and Core Brewing Co.

Active and retired military service personnel can show their military identification when ordering or checking out. Paradies Lagardère will donate one menu item such as an entrée, sandwich, appetizer or salad, and a non-alcoholic beverage. Troops can enjoy a variety of culinary experiences from customer favorites such as the Smokewood Sampler straight from the in-house meat smoker at Smokewood American Grill in Northwest Arkansas Regional Airport, to the Mediterranean Vegetable Piadina at award-winning 4th Street Vine in Long Beach Airport.


“Providing free meals in our airport restaurants to our country’s military personnel through the Paradies Lagardère Food and Beverage Division’s Treat Our Troops program is our way of saying thank you for serving our country,” said Bill Casey, senior vice president, Food and Beverage, Paradies Lagardère. “In exchange for all that they do, we want to serve them for a change.”

Additional Information:

High-end restaurants, quick-serve restaurants, bars and coffee shops are all a part of Paradies Lagardère’s Food and Beverage concepts. Brands have been tailored to entice travelers with the same familiar quality, variety, taste, and atmosphere as their favorite “at home” dining spots, while maintaining the highest levels of quality and service.

Paradies Lagardère was recently awarded three prestigious awards for excellence in Food and Beverage. Airport Revenue News awarded the company an ARN Award for Best Chef-Driven, Local or Regional Restaurant for Bar Symon in the Pittsburgh International Airport. The USA Today 10Best Reader’s Choice Awards also awarded Paradies Lagardère the Best Airport Bar Wait Staff for its Bar Symon Restaurant in the Pittsburgh International Airport, and recognized Long Beach Airport, where Paradies Lagardère manages the full restaurant program, as its Best Airport for Dining.


Nicole V. Linton
Marketing Communications Manager
Phone: 404 494 3419
Mobile: 470 455 1843

Email Nicole

PetSmart expands patriotic-themed services in honor of National Military Appreciation Month in May and upcoming patriotic holidays

$1 from Each Patriotic Top DogSM Package and Other Select Services Will Benefit Canine Companions for Independence’s Wounded Veterans Initiative

PHOENIX, 2016-May-25 — /EPR Retail News/ — In honor of National Military Appreciation Month in May and upcoming patriotic holidays, PetSmart has expanded its patriotic-themed services aimed at honoring the service and sacrifice made by the nation’s men and women in the military. Now through July 4, 2016, $1 from every Patriotic Top Dog Package and other select grooming, PetsHotel® and training purchases will go to the nonprofit Canine Companions for Independence®. Over the past two years, PetSmart and its customers have donated more than $250,000 to Canine Companions through this philanthropic program.

“Since the launch of our collaboration two years ago, Canine Companions for Independence has placed personal assistance dogs with 44 veterans and helped to get an additional 81 veterans on the path to having a dog,” said Joanna Zucker, VP of Services for PetSmart. “These patriotic services, and the proceeds that are donated to Canine Companions through shopper purchases, are just one way that PetSmart is able to say thank you to the brave men and women in our military.”

$1 from the sale of each patriotic package will go toward the Canine Companions for Independence’s Wounded Veterans Initiative. The philanthropic patriotic services* are available in-store now through July 4, 2016 and include:

  • Patriotic Top Dog and Select Grooming Services: Choose from select PetSmart grooming packages that include an assortment of patriotic add-ons, including patriotic bandanas and collar charms, as well as a red (cherry), white (coconut) and blue (blueberry) signature scent.
  • Yellow Ribbon Pet Expressions**: Show patriotic support with a washable yellow ribbon stencil.
  • Treat Time at PetsHotel and Doggie Day Camp:
    • Dog-friendly ice cream with crunchy biscuit topping
    • Snack KONG (PetsHotel offering only): a fun KONG toy stuffed with tasty filling
  • Pet Training: Pet parents can choose any six week pet training class

PetSmart for Patriots is a joint endeavor between PetSmart and CanineCompanions for Independence, in support of Canine Companions’ Wounded Veterans Initiative to help partner assistance dogs with the military veterans who need them. Since 1992, Canine Companions has placed 144 dogs with military veterans, with the number of dogs placed tripling since 2008. Many of those dogs are with men and women who served in Iraq and Afghanistan and returned with spinal cord injuries, limb amputations or deafness. PetSmart’s support also helps to raise awareness of service dogs among veterans and other pet parents. Veterans can visit any PetSmart store and learn about Canine Companions and what they need to do to get their own service dog.

*All services are subject to availability.
** Not available in SC, Boulder, CO & select cities in CA. Colors may vary by salon. Available to puppies 12 weeks and older.

About Canine Companions for Independence
Canine Companions for Independence provides highly trained assistance dogs to children, adults and veterans with disabilities. Established in 1975, Canine Companions has six training centers across the country, including CA, FL, OH, NY and TX. Canine Companions is recognized worldwide for the excellence of its dogs, and the quality and longevity of the matches it makes between dogs and people. There is no charge for the dog, its training and ongoing follow-up services. For more information, call 1-800-572-BARK or visit

About PetSmart
PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. At PetSmart, we love pets, and we believe pets make us better people. Every day with every connection, PetSmart’s passionate associates help bring pet parents closer to their pets so they can live more fulfilled lives. This mission impacts everything we do for our customers, the way we support our associates, and how we give back to our communities. We employ approximately 53,000 associates, and operate approximately 1,450 pet stores in the United States, Canada and Puerto Rico and approximately 203 in-store PetSmart® PetsHotel® dog and cat boarding facilities. PetSmart provides a broad range of competitively priced pet food and pet products and offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store.

Our portfolio of digital resources for pet parents – including and – offers the most comprehensive online pet supplies and pet care information in the U.S. Through our in-store pet adoption partnership with independent nonprofit organizations, PetSmart Charities™ and PetSmart Charities™ of Canada, PetSmart helps to save the lives of more than 450,000 homeless pets each year. In addition, PetSmart supports organizations that make communities a better place to call home through our philanthropy program, PetSmart Gives Back™. By giving back to the communities where we live and work, PetSmart not only celebrates the power of pets to enrich people’s lives – we live it.

Follow PetSmart on Twitter: @PetSmart
Find PetSmart on Facebook:
See PetSmart on YouTube:


Danielle Bickelmann
Golin for PetSmart

PetSmart Media Line

Wincor Nixdorf to equip all 59 stores of Dutch supermarket chain Jan Linders with new POS systems starting early 2017

Wincor Nixdorf to provide hardware, software and services

Paderborn, Germany, 2016-May-25 — /EPR Retail News/ — Following a test installation, which is due to begin in August 2016, Wincor Nixdorf will equip all 59 stores of Dutch supermarket chain Jan Linders with new POS systems starting early 2017. The partners signed a corresponding agreement in March this year.

Prior to signing, Jan Linders thoroughly investigated Wincor Nixdorf’s POS solution portfolio, for example by visiting German food retailer tegut, which belongs to the Swiss Migros Group and also relies on Wincor Nixdorf for its POS systems. This exchange of experiences as well as Wincor Nixdorf’s outstanding expertise and many installations, particularly in the Benelux countries, were the deciding factors for the order. “It was also extremely important to us that Wincor Nixdorf was able to offer a complete solution of hardware, software and services from a single source,” says Marcel Gommans, ICT Manager at Jan Linders.

Wincor Nixdorf will deliver and install the hardware for the supermarket chain’s approximately 350 checkouts, consisting of BEETLE/ M-III POS systems and TH 230 POS printers as well as touch displays and scanners. The BEETLE/ M-III is equipped with Intel’s fourth generation of core processors (Haswell technology). Through the processors’ performance, coupled with high-speed main memory modules, users can clearly feel just how powerful the overall system actually is. The systems will be controlled by, Wincor Nixdorf’s internationally proven store and POS software. “The application impresses on two fronts: its extensive feature richness as well as its modularity, which means that it can be easily adapted to individual requirements,” says Marcel Gommans. TPAdmin, a software module that can be used to manage the entire store network, will also be installed at Jan Linders. In addition, the TPAnalyze application will provide Jan Linders with simple, cost-efficient control over customer touchpoints, marketing campaigns and POS terminals. TPAnalyze thus gives decision-makers a solution-oriented view of the business performance in real time – as a basis for optimizing marketing strategies.

The agreement with Jan Linders also stipulates that Wincor Nixdorf will provide all services for an initial period of three years to ensure permanent availability of all POS systems.

About Jan Linders
Jan Linders is an independent chain of supermarkets with 59 shops in the southeast of the Netherlands. Jan Linders has nearly 4,000 employees, a regional focus and is known for its customer service and affordable products. The supermarket chain was awarded best fresh supermarket in the Netherlands for the sixth consecutive year (Customer Satisfaction Survey GfK September ’15). For 12 years in a row the bread and pastry department has been awarded with the first prize and for the last three years, the chain can call itself the Best Beer Specialist Supermarket in the Netherlands.

Press Contact

Press/Financial Press

Andreas Bruck
Head of Corporate Communications
Phone: +49 5251 693 5200

Press/Trade Press

Dr. Thomas Daubenbüchel
Head of Press and Editorial Office
Phone: +49 5251 693 5212
Ulrich Nolte
Phone: +49 5251 693 5211

Trade Press

Claudia Wendorff-Goerge
Phone: +49 5251 693 5203

Best Buy announces results for the first quarter ended April 30, 2016

  • GAAP Diluted EPS of $0.69
  • Non-GAAP Diluted EPS Increased 19% to $0.44
  • Domestic Segment Comparable Sales Essentially Flat

MINNEAPOLIS, 2016-May-25 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE:BBY) today announced results for the first quarter ended April 30, 2016 (“Q1 FY17”), as compared to the first quarter ended May 2, 2015 (“Q1 FY16”). The company reported GAAP diluted earnings from continuing operations of $0.69, an increase from $0.10 in Q1 FY16. Non-GAAP diluted earnings per share from continuing operations were $0.44, an increase of 19% from $0.37 in Q1 FY16.

Q1 FY17 Q1 FY16
Revenue ($ in millions)1
Enterprise $8,443 $8,558
Domestic segment $7,829 $7,890
International segment $614 $668
Enterprise comparable sales % change (0.1%) 0.6%
Domestic comparable sales % change (0.1%) 0.6%
Domestic comparable online sales % change 23.9% 5.3%
International revenue % change (8.1%) (22.1%)
International revenue % change on a constant currency basis (1.2%) (12.1%)
Operating Income:
GAAP operating income as a % of revenue 4.4% 1.0%
Non-GAAP operating income as a % of revenue 2.9% 2.6%
Diluted Earnings per Share (EPS):
GAAP diluted EPS from continuing operations $0.69 $0.10
Non-GAAP diluted EPS from continuing operations $0.44 $0.37
For GAAP to non-GAAP reconciliations, please refer to the attached supporting schedule titled “Reconciliation of non-GAAP Financial Measures.”

“Our teams delivered a strong first quarter, with better-than-expected revenue, improved profitability and progress against our fiscal 2017 initiatives,” said Best Buy Chairman and CEO Hubert Joly. “We are reaffirming our previously provided full year financial outlook which includes approximately flat revenue and non-GAAP operating income, with non-GAAP EPS growth driven by share repurchases. Although we are reporting better-than-expected results today, we are not raising our full year outlook as the first quarter represents less than 15% of full year earnings and at this stage we have no new material information as it relates to product launches throughout the year.”

Joly continued, “In our Domestic business, we are reporting essentially flat comparable sales versus guidance of a 1% to 2% decline driven by strong year-over-year sales growth in health & wearables, home theater and appliances offset by continued softness in mobile phones and tablets. Contributing to these better-than-expected results was the strong performance in our online channel, which grew 24% in the quarter.”

Joly concluded, “As we look forward, we remain focused on our FY17 priorities. These priorities are (1) to build on our strong industry position and multi-channel capabilities to drive the existing business; (2) to drive cost reductions and efficiencies; and (3) to advance key initiatives to drive future growth and differentiation. We are investing to make it easy for customers to learn about and enjoy the latest technology as they pursue their passions and take care of what is important to them in their lives. With our combination of digital, store and in-home assets, we feel we have a great opportunity to address key customer pain points, build stronger ongoing relationships with our customers and unleash growth opportunities.”

Sharon McCollam, Best Buy EVP, CAO and CFO, commented, “As Hubert said, we are reaffirming our previously provided full year financial outlook of approximately flat revenue and non-GAAP operating income, including lapping the significant periodic profit sharing benefits from our services plan portfolio that we earned in FY16. A key element to achieve this will be the delivery of our cost reduction and gross profit optimization initiatives. Based on current industry dynamics and how we see the various product cycles playing out, we are expecting slight declines in revenue in the first half followed by growth in the back half. As discussed in our last earnings release, we recognize this will be challenging without a strong mobile cycle and improvements in the NPD-reported categories overall.”

McCollam continued, “For Q2 FY17, our guidance is Enterprise revenue in the range of $8.35 billion to $8.45 billion and both Enterprise and Domestic comparable sales of approximately flat. We expect our Q2 non-GAAP diluted earnings per share to be in the range of $0.38 to $0.42, assuming a diluted weighted average share count of approximately 325 million and a non-GAAP effective income tax rate in the range of 36.0% to 36.5%.”

McCollam concluded, “In line with our original expectations, there are two factors impacting our year-over-year non-GAAP EPS guidance for the second quarter. First, we are expecting an approximate $0.03 net negative impact from the lapping of the periodic profit sharing benefit from our services plan portfolio that we received in the second quarter of last year. Second, we are expecting an approximate $0.06 negative impact from the carryover of last September’s services pricing investment. In addition, in digital imaging, we are now expecting an approximate $0.03 to $0.04negative impact due to the April 2016 earthquake in Japan, which is impacting inventory availability in this high-margin category. Combined, these are putting $0.12 to $0.13 of pressure on Q2 FY17, which will be partially offset by an approximate $0.04 benefit from share repurchases.”

Domestic Segment First Quarter Results

Domestic Revenue

Domestic revenue of $7.8 billion decreased 0.8% versus last year. This decrease was primarily driven by the loss of revenue from 13 large format and 24 Best Buy Mobile store closures. Comparable sales were essentially flat against a backdrop where the NPD-reported categories were down 1.9%.2

From a merchandising perspective, comparable sales growth in health & wearables, home theater, major appliances and computing was offset by declines in mobile phones, tablets and gaming. As expected, television sales related to the shift of the Super Bowl into Q1 FY17 positively impacted the Domestic segment by approximately 70 basis points. The company also saw continued revenue declines in services due to investments in services pricing and the reduction of frequency of claims on extended warranties which has reduced repair revenue.

Domestic online revenue of $832 million increased 23.9% on a comparable basis primarily due to higher conversion rates and increased traffic. As a percentage of total Domestic revenue, online revenue increased 210 basis points to 10.6% versus 8.5% last year.

Domestic Gross Profit Rate
Domestic gross profit rate was 25.4% versus 23.9% last year. On a non-GAAP basis, gross profit rate was 23.0% versus 22.9% last year. Both the GAAP and non-GAAP gross profit rates increased 10 basis points primarily due to (1) a prior-year reserve on non-iconic phone inventory which did not recur this year; and (2) improved rates primarily driven by our more disciplined promotional strategy across product categories. These increases were partially offset by our investments in services pricing. The GAAP gross profit rate was also positively impacted by $183 million in CRT settlement proceeds.

Domestic Selling, General and Administrative Expenses (“SG&A”)
Domestic SG&A expenses were $1.59 billion, or 20.3% of revenue, versus $1.58 billion, or 20.1% of revenue, last year. On a non-GAAP basis, SG&A expenses were $1.56 billion, or 19.9% of revenue, versus $1.56 billion, or 19.8% of revenue, last year. Non-GAAP SG&A was flat as investments in the business were offset by the flow-through of Renew Blue Phase 2 cost reductions. GAAP SG&A increased year over year due primarily to $22 million in legal fees and costs associated with the CRT settlement proceeds.

International Segment First Quarter Results

International Revenue
International revenue of $614 million declined 8.1%. This decline was primarily driven by (1) approximately 690 basis points of negative foreign currency impact; and (2) the loss of revenue associated with closed stores as part of the Canadian brand consolidation. On a constant currency basis, International revenue declined 1.2%.

International Gross Profit Rate
International gross profit rate was 25.9% versus 21.6% last year. On a non-GAAP basis, gross profit rate was 25.9% versus 22.8% last year. Both the GAAP and non-GAAP gross profit rates increased 310 basis points primarily driven by a higher year-over-year gross profit rate in Canada as the company (1) lapped the significant disruption and corresponding increased promotional activity related to the brand consolidation in Q1 FY16; and (2) received a higher periodic profit sharing payment in the services business. The GAAP gross profit rate increase was also impacted by the prior year impact of COGS restructuring charges.

International SG&A
International SG&A expenses were $157 million, or 25.6% of revenue, versus $182 million, or 27.2% of revenue, last year. On a non-GAAP basis, SG&A expenses were $156 million, or 25.4% of revenue, versus $179 million, or 26.8% of revenue, last year. This $23 million, or 140-basis point, decrease in GAAP and non-GAAP SG&A was primarily driven by the elimination of expenses associated with closed stores as part of the Canadian brand consolidation and the positive impact of foreign exchange rates. GAAP SG&A decreased an additional $2 million due primarily to lower Canadian brand consolidation charges.

Income Taxes
In Q1 FY17, the GAAP continuing operations effective income tax rate decreased 1,300 basis points to 37.3% versus 50.3% last year. On a non-GAAP basis, the continuing operations effective income tax rate increased 130 basis points to 37.7% versus 36.4% last year.

Q2 FY17 Financial Guidance
Best Buy is providing the following Q2 FY17 financial guidance:

  • Enterprise revenue in the range of $8.35 to $8.45 billion, a decline of (2.1%) to (0.9%)
  • International revenue decline of (5%) to (10%)
  • Enterprise and Domestic comparable sales of approximately flat
  • Non-GAAP effective income tax rate of approximately 36.0% to 36.5% versus 37.1% last year
  • Diluted weighted average share count of 325 million versus 354 million last year, resulting in a positive $0.04year-over-year non-GAAP EPS impact
  • Non-GAAP diluted EPS of $0.38 to $0.42 versus $0.49 last year

Note: Enterprise comparable sales are currently equal to Domestic comparable sales due to the impacts of the Canadian brand consolidation.1 The company’s non-GAAP financial guidance does not reflect the potential impact of non-GAAP adjustments, which include (but, in future periods, may not be limited to) restructuring charges, CRT and LCD settlements, asset impairments, gains and losses on investments, other brand consolidation costs and the tax effect of such items. The company cannot reliably predict or estimate if and when these types of transactions or adjustments may occur or their impact to its financial statements.

Share Repurchases and Dividends
On February 25, 2016, the company announced the intent to repurchase $1 billion of its shares over a two-year period. In Q1 FY17, the company repurchased 3.2 million shares for a total of $97 million. The company’s cumulative share repurchases positively benefitted non-GAAP diluted EPS by $0.04 in Q1 FY17.

On April 07, 2016, the company paid a quarterly dividend of $0.28 per common share outstanding, or $90 million, and a special one-time dividend of $0.45 per common share outstanding, or $145 million.

Restructuring Charges
During Q1 FY17, the company made decisions to cease certain operations and restructure certain teams. As such, restructuring charges of $29 million were recorded primarily relating to asset impairments and severance. In Q1 FY16, restructuring charges of $186 million were recorded primarily in relation to the Canadian brand consolidation.

Reminder: Discontinuation of Holiday Sales Press Release in FY17
Beginning in January FY17, the company will no longer issue an interim Holiday press release due to the increasing significance of the month of January to the company’s overall fourth quarter financial results.

Conference Call
Best Buy is scheduled to conduct an earnings conference call at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) onMay 24, 2016. A webcast of the call is expected to be available at both live and after the call.

(1) On March 28, 2015, the company consolidated the Future Shop and Best Buy stores and websites in Canada under the Best Buy brand. This resulted in the permanent closure of 66 Future Shop stores, the conversion of 65 Future Shop stores to Best Buy stores and the elimination of the Future Shop website. The Canadian brand consolidation has a material impact on a year-over-year basis on the Canadian retail stores and the website. As such, all store and website revenue has been removed from the comparable sales base and International (comprised of Canada andMexico) no longer has a comparable metric until International revenue is comparable on a year-over-year basis. Therefore, Enterprise comparable sales will be equal to Domestic comparable sales until International revenue is again comparable on a year-over-year basis. Additionally, the company is no longer reporting comparable sales excluding the impact of installment billing as the mix of installment billing plans is comparable on a year-over-year basis.

The term constant currency represents results adjusted to exclude foreign currency impacts. Foreign currency impact represents the difference in results that is attributable to fluctuations in currency exchanges rates the company uses to convert the results of its International segment where the functional currency is not the U.S. dollar. The company calculates the impact as the difference between the current period results translated using the current period currency exchange rates and using the comparable prior period’s currency exchange rates. The company believes the disclosure of revenue changes in constant currency provides useful supplementary information to investors in light of significant fluctuations in currency rates and ongoing inability to report comparable store sales for the International segment as a result of the Canadian brand consolidation.

(2) According to The NPD Group’s Weekly Retail Tracking Service as published May 9, 2016, revenue for the CE (Consumer Electronics) industry declined 1.9% during the 13 weeks ended April 30, 2016 compared to the 13 weeks ended May 2, 2015. The CE industry, as defined by The NPD Group, includes TVs, desktop and notebook computers, tablets not including Kindle, digital imaging and other categories. Sales of these products represent approximately 65% of the company’s Domestic revenue. The CE industry, as defined by The NPD Group, does not include mobile phones, appliances, services, gaming, Apple Watch, movies or music.

Forward-Looking and Cautionary Statements:
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that reflect management’s current views and estimates regarding future market conditions, company performance and financial results, business prospects, new strategies, the competitive environment and other events. You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: macro-economic conditions (including fluctuations in housing prices, oil markets and jobless rates), conditions in the industries and categories in which we operate, changes in consumer preferences, changes in consumer confidence, consumer spending and debt levels, online sales levels and trends, average ticket size, the mix of products and services offered for sale in our physical stores and online, credit market changes and constraints, product availability, competitive initiatives of competitors (including pricing actions and promotional activities of competitors), strategic and business decisions of our vendors (including actions that could impact promotional support, product margin and/or supply), the success of new product launches, the impact of pricing investments and promotional activity, weather, natural or man-made disasters, attacks on our data systems, the company’s ability to prevent or react to a disaster recovery situation, changes in law or regulations, changes in tax rates, changes in taxable income in each jurisdiction, tax audit developments and resolution of other discrete tax matters, foreign currency fluctuation, availability of suitable real estate locations, the company’s ability to manage its property portfolio, the impact of labor markets, the company’s ability to retain qualified employees and changes in senior management, failure to achieve anticipated expense and cost reductions from operational and restructuring changes, disruptions in our supply chain, the costs of procuring goods the company sells, failure to achieve anticipated revenue and profitability increases from operational and restructuring changes (including investments in our multi-channel capabilities and brand consolidations), inability to secure or maintain favorable vendor terms, failure to accurately predict the duration over which we will incur costs, acquisitions and development of new businesses, divestitures of existing businesses, failure to complete or achieve anticipated benefits of announced transactions, integration challenges relating to new ventures, and our ability to protect information relating to our employees and customers. A further list and description of these risks, uncertainties and other matters can be found in the company’s annual report and other reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, Best Buy’s Report on Form 10-K filed with the SEC on March 23, 2016. Best Buy cautions that the foregoing list of important factors is not complete, and any forward-looking statements speak only as of the date they are made, and Best Buy assumes no obligation to update any forward-looking statement that it may make.

Source: Best Buy Co., Inc.

Best Buy Co., Inc.

Investor Contact:
Mollie O’Brien, 612-291-7735


Media Contact:
Jeff Shelman, 612-291-6114

Best Buy CAO and CFO Sharon McCollam to step down and will be succeeded by Corie Barry on June 14, 2016

  • CAO and CFO Sharon McCollam to step down at conclusion of company’s annual shareholder meeting in June
  • Current Chief Strategic Growth Officer to assume CFO role

MINNEAPOLIS, 2016-May-25 — /EPR Retail News/ — As part of an internal succession plan, Best Buy today announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will be stepping down on June 14, 2016. McCollam will remain with the company in an advisory capacity until the end of the fiscal year, January 28, 2017, to ensure a seamless transition. (PDF Version)

Corie Barry, a 16-year veteran of Best Buy and its current chief strategic growth officer, will become the company’s chief financial officer at the conclusion of Best Buy’s annual shareholder meeting, being held on June 14.

Hubert Joly, Best Buy chairman and CEO commented, “Over her many years at Best Buy, Corie has held several field and corporate roles, both in operations and finance. She was formerly the senior vice president of U.S. Finance and, until recently, she led our services business on an interim basis while standing up the company’s Strategic Growth Office. Since Sharon arrived, she has been grooming Corie for this role and the Board of Directors, Sharon and I are confident that Corie’s experience, skills and commitment to Best Buy’s future make her the perfect choice for this role.”

Joly continued, “On behalf of my colleagues on the executive team and the people around Best Buy whose professional lives she’s touched, I want to thank Sharon for all that she’s done for Best Buy. Sharon came out of retirement in 2012 to help revitalize the company when it was facing a multifaceted crisis. Three and a half years later, we are in a completely different place and are into the next phase of our journey as a company. Sharon can leave with a sense of confidence in the future of the company and certain that her legacy will endure.”

Joly concluded, “To my friend, I say simply, thank you for the profound and lasting impact that you have had here! The ability to now begin to spend more time with your husband is so well-deserved.”

Sharon McCollam, CAO and CFO commented, “In every person’s career, there are moments when their heart is filled with emotion. Today is one of those moments for me. I cannot express deeply enough what an immense privilege it has been to be a part of this remarkable company and exciting transformation. With our team of more than 125,000 people, we have worked hand-in-hand to Renew Blue, and today, Best Buy is stronger than ever. What I will cherish most of my time here is the pride that I have felt working with one of the most talented and dedicated teams in retail, not to mention with Hubert who is an extraordinary leader, an inspiring business partner and a friend. I will be forever grateful to have had the opportunity to share this journey with my entire Best Buy family.”

McCollam continued, “As I step down, I do so knowing that we have never been as well-positioned as we are today to take Best Buy to a new level. For this, I would like to thank Hubert, my peers, our corporate and field teams, and in particular, my direct reports, for their exceptional contributions that have made this possible. I would also like to thank our Board and our shareholders for their confidence and support.”

McCollam concluded, “Finally, I would like to thank Corie. Corie has been my strategic right-hand partner since I joined Best Buy. With her exceptional financial acumen and deep understanding of Best Buy’s operations, she has been an influential leader over the financial and cost disciplines that have been established across the company over the past several years. She is also a highly respected cross-functional leader and will be an incredible CFO of whom I could not be more proud or confident. Congratulations, Corie!”

Succeeding Barry as the chief strategic growth officer is Asheesh Saksena. Saksena was most recently the executive vice president of strategy and new business development for Cox Communications. Previously, he was the deputy chief strategy officer for Time Warner Cable. He joins Best Buy next month, reporting to Joly and serving on the executive team.

McCollam’s duties as chief administrative officer will be assumed by several members of the company’s executive team.

  • Barry will also have reporting to her the company’s information technology, information security, audit, procurement and pricing functions.
  • Shari Ballard, president of U.S. retail, takes on the real estate function and will have Best Buy’s business in Mexico reporting to her. In recognition of her additional duties and broad responsibilities, she has been promoted to senior executive vice president.
  • Mike Mohan, Best Buy’s chief merchandising officer, will now have reporting to him the supply chain function. He, too, has been promoted to senior executive vice president in recognition of his expanded role and responsibilities.
  • Trish Walker, president of services, will now have the company’s Enterprise Customer Care function reporting to her. Walker joined Best Buy in April 2016 after two decades with Accenture where, most recently, she led their retail practice.


Investor Contact:

Mollie O’Brien
(612) 291-7735 or

Media Contact:
Jeff Shelman
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PT Matahari Putra Prima Tbk announces the reopening of Hypermart outlets at Manado Town Square and Sun Plaza Medan

Tangerang, Indonesia, 2016-May-25 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, SmartClub, Foodmart, Boston Health & Beauty and FMX, further strengthen the presence and market leadership of Hypermart through the outlets reopening at Manado Town Square, North Sulawesi and Sun Plaza Medan, North Sumatra in an adjacent time. The opening of these outlets demonstrate MPPA’s ability and commitment to provide the best modern retail services through Hypermart G7 in Indonesia.

The reopening of Hypermart G7 Manado Town Square strengthened MPPA’s presence in eastern Indonesia, particularly in North Sulawesi. This store has a gross selling area of ± 8,500 m² and is equipped with various needs of modern households. On May 26, 2016, MPPA will also open Hypermart G7 and Boston outlet at Sun Plaza Medan. The reopening of Hypermart G7 Sun Plaza Medan are also strengthen MPPA position in western Indonesia, especially in North Sumatra with a gross selling area of ± 7,238 m².

In addition, MPPA Director of Public Relations and Communications, Danny Kojongian stated, “Today we are proud to see MPPA has strengthen its Hypermart position in two important cities in Indonesia. With the reopening of these two outlets, we believe it will provide a positive impact to each of the regional’s economy, as well as the best modern retail offering for the needs and lifestyle of modern consumers in Manado and Medan. ”

For further information, please contact:
Phoa Marchea Trenggono,
Investor Relations & Communications Officer

Danny Kojongian,
Director of Public Relations & Communications

About PT Matahari Putra Prima Tbk (MPPA)
PT Matahari Putra Prima one of Indonesia largest retailers employs more than 30,000 associates who serve customers in 110 Hypermarkets (Hypermart), 23 Supermarkets (Foodmart Primo/Fresh), 50 Minimarket/ Convenience stores (FMX), 105 Health and Beauty format stores (Boston) and 1 Wholesale (SmartClub). As of 31 March 2016, MPPA operates 289 stores in 68 cities throughout Indonesia.

MPPA continues to receive both domestic and international acknowledgement with several awards such as: The Charter Award concerning the environmental standards from Ecolabel & Green Label Indonesia by the Ministry of Environment and Forestry of Republic of Indonesia, 2015 Indonesia WOW Brand by MarkPlus Inc, 2015 Top 50 Most Valuable Indonesian Brands by Millward Brown, 2015 Indonesia Best eMark Award by SWA & Telkom University, and 2015 Top 10 Retailers Certificate of Distinction by Retail Asia.


Hypermart outlets


Enjoy $1.31 ice cream scoops as Baskin-Robbin kicks off summer season on May 31st with its “Celebrate 31” promotion

Guests can also pre-order ice cream cakes for the upcoming Father’s Day holiday, including the brand’s festive The Cold One Cake and new OREO® Triple Chocolate Cake

CANTON, Mass., 2016-May-25 — /EPR Retail News/ — Baskin-Robbins, the world’s largest chain of ice cream specialty shops, is kicking off the summer season on Tuesday, May 31st with its “Celebrate 31” promotion at participating Baskin-Robbins shops nationwide. On that day, guests can enjoy all regular and kids scoops for just $1.31.* Guests can enjoy this special “Celebrate 31” deal on their favorite Baskin-Robbins flavors, including Pralines ‘n Cream, Jamoca® Almond Fudge and Very Berry Strawberry, as well as seasonal summer favorites including Berry Fruitful Greek Frozen Yogurt, Dulce de Leche, Pink Bubblegum and Watermelon Splash.

“We’re excited to help our guests kick off the summer season with our ‘Celebrate 31’ promotion on May 31 and offer them a special lineup of flavors including Berry Fruitful Greek Frozen Yogurt and Watermelon Splash that they can enjoy during the warm summer months,”  said Carol Austin, Vice President of Marketing, Baskin-Robbins. “We’re also looking forward to helping our guests celebrate Dad in the coming weeks with our lineup of delicious and eye-catching Father’s Day ice cream cakes.”

To help guests celebrate Dad or the special father figure in their lives, Baskin-Robbins is offering a fun and festive lineup of ice cream cakes which can be customized with Dad’s favorite ice cream and cake flavor combination, including:

  • The Cold One Cake: Guests can say cheers to Dad with this festive ice cream cake shaped like a mug that celebrates Dad in a frosty and flavorful way.
  • New! OREO® Triple Chocolate Cake: Features a chocolate, OREO® cookie infused frosting topped with a mouthwatering waterfall of dark chocolate, a border of fudge and alternating goodness of OREO® cookies, frosting dollops and chocolate triangles.

Guests can customize and pre-order ice cream cakes for Father’s Day either in-store or online at

For more information about Baskin-Robbins’ wide variety of ice cream flavors and frozen desserts, visit or follow us on Facebook (, Twitter ( or Instagram (www.instagram/com/BaskinRobbins).

OREO is a registered trademark of Mondelēz International group, used under license.

* Offer valid on May 31st. Participation may vary. Scoop offer good on every size scoop. Waffle cones and toppings are extra. Cannot be combined with other offers. Plus applicable tax.

About Baskin-Robbins
Named the top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine’s 37th annual Franchise 500® ranking in 2016, Baskin-Robbins is the world’s largest chain of ice cream specialty shops. Baskin-Robbins creates and markets innovative, premium hard scoop ice cream and soft serve, custom ice cream cakes and a full range of beverages, providing quality and value to consumers at more than 7,600 retail shops in nearly 50 countries. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,300 ice cream flavors and a wide variety of delicious treats. Headquartered in Canton, Mass., Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For further information, visit


Justin Drake
Phone: 781-737-5200


Leading Toothbrush Protector Recommended by Dentists and Moms Doubles Distribution

Expanding To 30,000 Stores Throughout the US

LOS ANGELES, 2016-May-25 — /EPR Retail News/ — Bonfit America, Inc., maker of products for living well, recently doubled distribution for its market leading Steripod® clip-on toothbrush protector, which is now available in 30,000 stores across the US, including for the first time 6,000 CVS and 6,000 Walgreens stores. Additionally, Steripod added 200 Meijer stores, Shopco Wisconsin locations and will roll out to a thousand or so Kroger Group stores nationwide later this year.

“It’s been exciting to see the Steripod brand become the leading toothbrush protector since it was first introduced in the US in 2009,” said Bonfit CEO Paul Krok. “Since that time we have grown over 50 percent, introduced Steripod in over 20 countries around the world and look forward to expanding our ‘pod squad’ of Steripod products into more independent drug stores, supermarkets, health food stores, airports, chain and convenience store channels across the US.”

Dentists and moms agree that Steripod is the preferred way to protect your toothbrush. According to dentist and mom Jamielynn Hanam-Jahr, DDS of Beverly Hills AestheticDentistry: “Steripod is a great invention to help everyone keep their toothbrush fresh and clean and avoid cross contamination. When you’re done brushing your teeth put it over your toothbrush and that way it stays clean and safe in your bathroom between uses.”

Tonya Stabb of popular mom blog adds: “Bathrooms aren’t very sanitary places and our toothbrushes are sitting around soaking up airborne germs and bacteria. Then we put those toothbrushes in our mouths… ewww!!! If you’re like me, you’ve read articles about how much bacteria and gross contaminants are in bathrooms, but just tried not to think about it. Well, good news… the answer is so simple. Snap on a Steripod.”

Steripod is a clip-on protector that fits any standard or electric toothbrush and keeps it fresh and clean for up to three months using a patented vapor shield of thymol – used in many mouthwashes and oral antiseptics. You simply clip Steripod on your electric or manual toothbrush and it goes to work; no cables or batteries are needed.

Available in a rainbow of bright colors, Steripod is fun and easy for the whole family to use at home or on the go, and has been specially designed so that air can circulate freely which means your toothbrush can dry naturally.

Steripod is available at major retailers nationwide including Bed, Bath & Beyond; CVS; Target; Walgreens; and Walmart, or online at Amazon or The suggested retail price for a two-pack is $5.99.

About Steripod

Developed by doctors and independently tested for efficacy at an accredited lab, Steripod is a clip-on protector that fits any standard or electronic toothbrush. Each Steripod contains thymol – found in many mouthwashes and oral antiseptics – and a patented design to help keep your toothbrush fresh and clean for up to three months.  Simply clip it on your electric or manual toothbrush and it goes to work; no cables or batteries are needed. You can use it at home, work, the gym, school or when your travel. Learn more at Follow Steripod on Facebook, Twitter and Instagram. #GetYourPodOn

About Bonfit

Bonfit America, Inc., maker of products for living well, is a family owned business with research, marketing, shipping and customer service located in Culver City, CA. From Steripod® Toothbrush and Razorpod Razor Protectors to the innovative Brush-t™ performance golf tee and Play Nine, the card game of golf, Bonfit manufactures its products in a number of countries globally. For sales inquiries, please contact:, 310-204-7880.






Castel Romano is located 25 km from the center of Rome, in the heart of Agro Pontino. The outlet is part of the McArthurGlen Designer Group and offers over 200 designer brands, ranging from iconic fashion to casual favourites.

Hour Passion store spans over 127 square meters and has a modern and contemporary look by providing the perfect setting for the diverse collection of watch brands. An interior concept was developed for the location to create an authentic shopping experience, from the elegant wood floor to the clean graphic lines of the custom displays.

The Castel Romano Village boutique will fulfil the principal of the Hour Passion model: offer the customer a qualitative environment to discover the world of watches and provide the best possible service and advice.




Motor Fuel Group announces the appointment of Richard Baker as its new retail director

Hertfordshire, England, 2016-May-25 — /EPR Retail News/ — Top 50 Indies forecourt operator, Motor Fuel Group (MFG) is pleased to announce the appointment of Richard Baker as its new retail director.

Richard has had a varied and exciting 37 year career with Tesco. Joining them in 1978 as a part-time student, he very quickly progressed through the business in the UK, Northern Ireland and overseas. His final position with them was as managing director of their 800 UK superstores with annual sales of some £14bn.

After this very successful period with Tesco, Richard decided to leave them to pursue a new challenge.   So, immediately prior to joining MFG, he has spent the last year in America as a retail consultant with the Egremont Group assisting with a business transformation project for Walgreens who are one of the biggest pharmacy/convenience operators in USA with 8200 stores.

William Bannister, chief executive officer of MFG said: “This is a key appointment for us as MFG drives ahead with strengthening its retail offering. In this new role Richard will be responsible for the retail relationships with suppliers and driving the performance of sites while refining our retail, customer service and product proposition.”

Motor Fuel Group (MFG) is the second largest independent forecourt operator in the UK. It has 374 stations operating under the BP, Shell, Texaco and JET fuel brands.


Motor Fuel Limited
Building 2
Abbey View
Everard Close
St Albans

Phone:+44 (0) 1727 898 890
Fax:+44 (0) 1727 852 318


Motor Fuel Group announces the appointment of Richard Baker as its new retail director

Motor Fuel Group announces the appointment of Richard Baker as its new retail director