Toys“R”Us® announced nationwide hunt to fill the the country’s newest and most awesome job yet – President of Play

Wayne, NJ, 2016-Aug-01 — /EPR Retail News/ — Toys“R”Us® announced today a nationwide hunt to fill the company’s, and perhaps the country’s, newest and most awesome job yet – President of Play. One lucky kid in the U.S. will soon be selected to spend a year playing with the hottest new toys and games and providing true expert recommendations to parents and gift-givers alike. The search starts officially today online at Toysrus.com/PresidentofPlay, giving kids everywhere hope to land this dream job with the world’s leading dedicated toy retailer.

CLICK TO TWEET: .@ToysRUs enters the election frenzy with a search for its first #PresidentofPlay – Submit your video now! www.ToysRUs.com/PresidentofPlay

“All children should have the opportunity to play – and who better to remind our country of this, and to experience the uninhibited joy that toys bring, than a President of Play?” said Dave Brandon, Chairman and CEO, Toys“R”Us, Inc. “We’re looking for someone to join our cabinet of Toys“R”Us experts and represent our iconic brand, as we relentlessly strive to bring smiles to our customers’ faces.”

The President of Play’s responsibilities will include testing the most sought after toys, serving as a Toys“R”Us spokesperson, sharing the latest toy trends through online and promotional videos and attending events across the nation.

Parents throughout the U.S. are encouraged to nominate their child by visiting Toysrus.com/PresidentofPlay and submitting a one-to-two minute video that lets their kid’s playful personality shine, as they discuss their favorite toy, gadget or game. Applicants should be between the ages of 9 and 13 years old, comfortable on camera, confident, well spoken, energetic, and most importantly, love playing with toys. All eligible videos will be evaluated based on originality, creativity and enthusiasm. To be considered, subject to the President of Play search rules and regulations, entries must be submitted before 11:59pm EST on August 17, 2016.

Semifinalists will be chosen to participate in an interview and audition with a panel of judges later this summer, followed by a public vote for the two to three semifinalists. The winner of the public vote will be elected to serve as the Toys“R”Us President of Play for a one year term. More details and official rules and regulations are available at Toysrus.com/PresidentofPlay.

For more information about the #PresidentofPlay competition, stay tuned to @ToysRUsNews, the official Twitter account of the Toys“R”Us, Inc. Corporate Communications department, and the company’s newsroom blog.

About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 871 Toys“R”Us and Babies“R”Us stores in the United States, Puerto Rico and Guam, and in more than 755 international stores and 250 licensed stores in 37 countries and jurisdictions. With its strong portfolio of e-commerce sites including Toysrus.com and Babiesrus.com, the company provides shoppers with a broad online selection of distinctive toy and baby products. Toys“R”Us, Inc. is headquartered in Wayne, NJ, and has an annual workforce of approximately 62,000 employees worldwide. The company is committed to serving its communities as a caring and reputable neighbor through programs dedicated to keeping kids safe and helping them in times of need. For more information, visit Toysrusinc.com or follow @ToysRUsNews on Twitter. Follow Toys“R”Us and Babies“R”Us on Facebook at Facebook.com/Toysrus and Facebook.com/Babiesrus and on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus.

Media Contacts:

Adrienne O’Hara
973-617-4383
Adrienne.Ohara@toysrus.com

Nicole Hayes
973-617-4371
Nicole.Hayes@toysrus.com

###

Toys“R”Us® announced nationwide hunt to fill the the country’s newest and most awesome job yet – President of Play
Toys“R”Us® announced nationwide hunt to fill the the country’s newest and most awesome job yet – President of Play

 

Source: Toys“R”Us

 

Delhaize Group CEO Frans Muller and Ahold CEO Dick Boer sign the merger deed after receiving regulatory clearance

Brussels, Belgium, 2016-Jul-29 — /EPR Retail News/ — Delhaize Group and Ahold have received regulatory clearance for their merger from the United States Federal Trade Commission (FTC). The companies subsequently completed the merger with the signing of the merger deed by Delhaize Group CEO Frans Muller and Ahold CEO Dick Boer today.

Mats Jansson, Chairman of Delhaize Group said: “Today is an historic day, as we are now really bringing together these two great companies, creating an even stronger international food retailer. We are completing this international transaction with great momentum and a high level of readiness.”

Frans Muller, Delhaize Group CEO said: “We are pleased to complete our merger with Ahold today. I would like to thank our associates for all their work and dedication. The moment to merge has never been more right, and we are confident that we will deliver even more for customers, communities and investors.”

The merger will become effective on Sunday, July 24, 2016 at 00:01 a.m. CET. Ahold Delhaize shares will start trading on Euronext Amsterdam and Euronext Brussels on Monday, July 25 with ticker symbol AD. Ahold Delhaize American Depositary Receipts (ADRs) will trade over-the-counter in the United States and will be quoted on the OTCQX International marketplace.

Media Contacts:

Tim van der Zanden
Head of External Communications
media.relations@aholddelhaize.com
+31 88 6595134

Maud van Gaal
Manager External Communications
media.relations@aholddelhaize.com
+31 88 6595134

Source: Ahold Delhaize Group

U.S. Federal Trade Commission clears Ahold and Delhaize Group merger

Zaandam, the Netherlands, 2016-Jul-29 — /EPR Retail News/ — Zaandam, the Netherlands – Ahold and Delhaize Group have received regulatory clearance for their merger from the United States Federal Trade Commission (FTC). The companies subsequently completed the merger with the signing of the merger deed by Ahold CEO Dick Boer and Delhaize Group CEO Frans Muller today.

Jan Hommen, Ahold Supervisory Board Chairman said: “Today marks the successful completion of this cross-border merger, bringing together two great food retail companies. Ahold Delhaize is ready for a strong start, building on its strong foundation, heritage and complementary businesses.”

Dick Boer, Ahold CEO said: “Completing this merger today is an exciting and historic moment. I would like to thank all associates for their dedication and hard work. With our new leadership team, we look forward to continuing to deliver for our customers and other stakeholders.”

The merger will become effective on Sunday, July 24, 2016 at 00:01 a.m. CET. Ahold Delhaize shares will start trading on Euronext Amsterdam and Euronext Brussels on Monday, July 25 with ticker symbol AD. Ahold Delhaize American Depositary Receipts (ADRs) will trade over-the-counter in the United States and will be quoted on the OTCQX International marketplace.

Visit www.adcombined.com

Media Contacts:

Tim van der Zanden
Head of External Communications
media.relations@aholddelhaize.com
+31 88 6595134

Maud van Gaal
Manager External Communications
media.relations@aholddelhaize.com
+31 88 6595134

Source: Ahold Delhaize

New Whole Foods Market Midwest Distribution Center in Chicago’s Pullman Neighborhood

CHICAGO, IL, 2016-Jul-29 — /EPR Retail News/ — Chicago Mayor Rahm Emanuel and Whole Foods Market today broke ground on a 150,000 square-foot Whole Foods Market Midwest distribution facility in the Pullman neighborhood on Chicago’s South Side. Expected to open in early 2018, the new Whole Foods Market Midwest distribution center will initially employ 150 people and serve as many as 70 Whole Foods Market locations in Illinois, Indiana, Michigan, Wisconsin, Minnesota, Missouri, Nebraska and Iowa, and the Canadian province of Ontario.

“There is a renaissance happening in Pullman and this Whole Foods center will only make it stronger,” Mayor Emanuel said. “By investing in our neighborhoods and supporting projects like this distribution center, we are creating economic opportunities for families throughout Chicago. I want to thank Whole Foods for their continuing commitment to Chicago and our neighborhoods.”

Relocating from the current Whole Foods Market distribution center in Munster, Indiana, the new location offers a building double the size of the current facility. Investing in additional space to grow as the company expands its reach in Chicago and beyond, this new facility is expected to bring real, long-term economic benefits to Chicago’s Pullman neighborhood.

“We are thrilled to begin construction of our new distribution center,” Whole Foods Market Midwest Regional Vice President, Bobby Turner said. “We’ve grown so much since opening our first Midwest store in Chicago in 1993 and as our growth continues, this distribution center helps us continue our mission of providing access to fresh, healthy foods and supporting the communities where we do business.”
The new distribution center will occupy previously empty land and allow Whole Foods Market to join two major suppliers, Method and Gotham Greens, in the Pullman neighborhood.

It also builds on the company’s plan to serve Chicago’s South Side including a recently-opened location in Hyde Park and a location in Englewood that will open in the fall. Additionally, the company is hosting a Whole Foods Market Job and Employment Resource Fair for the new store in Englewood, July 29 and July 30. South Side residents can apply and interview for available positions as well as attend employment development workshops, sign up for childcare and meet with workforce support organizations. Other businesses with employment opportunities such as Starbucks will also take applications from interested residents.

The new center is among more than $225 million in public and private projects moving forward in Pullman, including: the community’s 2015 designation as a National Monument by the U.S. Park Service for its historic affiliation with industry, land use planning, and workers’ rights; the 2015 construction of Method Products’ first U.S. factory and Gotham Green’s rooftop greenhouse; the 2014 construction of the $135 million Pullman Park retail development; the current construction of a $15 million community center; and improvements to dozens of historic homes and other properties.

“With major projects like this Whole Foods distribution center, the Pullman/Roseland area is reclaiming its history as a thriving hub for manufacturing and innovation,” Alderman Anthony Beale (9th) said. “As this facility grows it will add even more jobs and have an even stronger impact in the 9th ward.”

To ensure the site was competitive with the existing facility in Indiana, City Council approved up to $8.4 million in TIF assistance to help pay for site preparation costs, including grading, demolition, and utility installation.

Contact:

Allison Phelps
Allison.Phelps@wholefoods.com
312.799.5600

Source: Whole Foods Market

SUPERVALU 1Q-FY2017: $5.20 billion consolidated net sales; net earnings from continuing operations at $47 million

MINNEAPOLIS, 2016-Jul-28 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today reported first quarter fiscal 2017 consolidated net sales of $5.20 billion and net earnings from continuing operations of $47 million, or $0.17 per diluted share, which included $6 million in net after-tax charges and costs related to a debt refinancing and debt prepayment, the potential separation of Save-A-Lot, and a sales and use tax refund. When adjusted for these items, first quarter fiscal 2017 net earnings from continuing operations were $53 million, or $0.19 per diluted share.

Net earnings from continuing operations for last year’s first quarter were $63 million, or $0.23 per diluted share, which included$2 million in after-tax costs related to the potential separation of Save-A-Lot. When adjusted for this item, first quarter fiscal 2016 net earnings from continuing operations were $65 million, or $0.23 per diluted share. [See tables 1-4 for a reconciliation of GAAP and non-GAAP (adjusted) results appearing in this release.]

“We’re making great progress in growing our business as evidenced by our recent business announcements regarding our agreement with Marsh Supermarkets and our agreement to acquire 22 Food Lion grocery stores,” said President and CEO Mark Gross. “We’re also seeing great success in growing our wholesale produce business, and I believe we’ll sell more produce to our wholesale customers this fiscal year than our wholesale business has sold before.”

“It takes time to bring on new business and our first quarter results reflect the sales run rate we experienced coming out of last year’s fourth quarter,” continued Gross. “We’ve been replacing lost business, and I am confident in our ability to attract new customers and grow our business.”

First Quarter Results – Continuing Operations
First quarter net sales were $5.20 billion compared to $5.41 billion last year, a decrease of $211 million or 3.9 percent. Total net sales within the Wholesale segment decreased 7.6 percent. Retail identical store sales were negative 4.5 percent. Save-A-Lot network identical store sales were negative 1.4 percent. Identical store sales for corporate stores within the Save-A-Lot network were negative 1.0 percent. Fees earned under transition services agreements (“TSAs”) in the first quarter were $58 million compared to $64 million last year.

Gross profit for the first quarter was $779 million, or 15.0 percent of net sales. Last year’s first quarter gross profit was $810 million, or 15.0 percent of net sales. The gross profit rate is flat to last year and includes the impact of lower product margin rates from investments to lower prices to customers, including higher promotional activities, offset by a favorable business segment sales mix from new corporate Save-A-Lot stores.

Selling and administrative expenses in the first quarter were $646 million and included net costs of $1 million, comprised of costs related to the potential separation of Save-A-Lot, offset by a sales and use tax refund. When adjusted for these items, selling and administrative expenses were $645 million, or 12.4 percent of net sales. Selling and administrative expenses in last year’s first quarter were $652 million and included $3 million of costs related to the potential separation of Save-A-Lot. When adjusted for this item, first quarter fiscal 2016 selling and administrative expenses were $649 million, or 12.0 percent of net sales. The increase in the selling and administrative expense rate when compared to last year is primarily due to the deleveraging impact of lower sales and new corporate Save-A-Lot stores.

Net interest expense for the first quarter was $60 million and included $7 million of debt refinancing and debt prepayment charges and costs. When adjusted for these charges and costs, net interest expense was $53 million. Last year’s first quarter interest expense was $59 million. The decrease in interest expense was driven by lower average debt balances.

Income tax expense was $27 million, or 36.6 percent of pre-tax earnings, for the first quarter, compared to an income tax expense of $38 million, or 36.9 percent of pre-tax earnings in last year’s first quarter.

Wholesale
First quarter Wholesale net sales were $2.28 billion, compared to $2.46 billion last year, a decrease of 7.6 percent. The net sales decrease is primarily due to lost stores and lower sales to existing customers, partially offset by increased sales to new stores operated by existing customers and new customers.

Wholesale operating earnings in the first quarter were $64 million, or 2.8 percent of net sales. Last year’s Wholesale operating earnings in the first quarter were $77 million, or 3.1 percent of net sales. The decrease in Wholesale operating earnings was driven by lower sales and higher employee-related costs.

Save-A-Lot
First quarter Save-A-Lot net sales were $1.43 billion, compared to $1.41 billion last year, an increase of 1.7 percent. The net sales increase reflects new corporate and licensed stores, partially offset by network identical store sales of negative 1.4 percent.

Save-A-Lot operating earnings in the first quarter were $39 million, or 2.7 percent of net sales. Last year’s Save-A-Lot operating earnings in the first quarter were $51 million, or 3.6 percent of net sales. The decrease in Save-A-Lot operating earnings was driven by higher employee-related costs from new corporate stores, higher occupancy costs and higher depreciation expense driven by new corporate stores, and higher shrink.

Retail
First quarter Retail net sales were $1.43 billion, compared to $1.47 billion last year, a decrease of 2.9 percent. The net sales decrease reflects identical store sales of negative 4.5 percent, partially offset by sales from new stores.

Retail operating earnings in the first quarter were $8 million, or 0.6 percent of net sales. Last year’s Retail operating earnings were$33 million, or 2.2 percent of net sales. The decrease in Retail operating earnings was driven by lower sales and lower product margin rates from investments to lower prices to customers, including higher promotional activities.

Corporate
First quarter fees earned under the TSAs were $58 million compared to $64 million last year.

Net Corporate operating earnings in the first quarter were $22 million and included $3 million of costs related to the potential separation of Save-A-Lot and a $2 million sales and use tax refund. When adjusted for these items, net Corporate operating earnings were $23 million. Last year’s first quarter net Corporate operating loss was $3 million and included $3 million of costs related to the potential separation of Save-A-Lot. When adjusted for this item, last year’s net Corporate operating earnings were $0. The improvement in net Corporate operating earnings was primarily driven by lower pension expense and lower employee-related costs.

Cash Flows – Continuing Operations
First quarter net cash flows provided by operating activities of continuing operations were $121 million compared to $111 million last year, reflecting lower benefit plan contributions. First quarter net cash flows used in investing activities of continuing operations were $61 million compared to $70 million last year. First quarter net cash flows used in financing activities of continuing operations were $58 million compared to $19 million last year, reflecting higher payments on debt obligations.

Conference Call ­­­
A conference call to review the first quarter results is scheduled for 9:00 a.m. central time today. The call will be webcast live at www.supervaluinvestors.com (click on microphone icon). A replay of the call will be archived at www.supervaluinvestors.com. To access the website replay go to the “Investors” link and click on “Presentations and Webcasts.”

About SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $18 billion. SUPERVALU serves customers across the United States through a network of 3,342 stores composed of 1,773 stores operated by wholesale customers serviced primarily by the Company’s food distribution business; 1,368 Save-A-Lot stores, of which 896 are operated by licensee owners; and 201 traditional retail grocery stores (store counts as of June 18, 2016). Headquartered in Minnesota, SUPERVALU has approximately 40,000 employees. For more information about SUPERVALU visit www.supervalu.com.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

Except for the historical and factual information contained herein, the matters set forth in this news release, particularly those pertaining to SUPERVALU’s expectations, guidance, or future operating results, and other statements identified by words such as “estimates,” “expects,” “projects,” “plans,” “intends,” and similar expressions are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including competition, ability to execute operations and initiatives, ability to realize benefits from acquisitions and dispositions, impact of exploration of possible separation of Save-A-Lot, reliance on wholesale customers and licensees ability to grow or maintain identical store sales, ability to maintain or increase margins, substantial indebtedness, labor relations issues, escalating costs of providing employee benefits, relationships with Albertson’s LLC, New Albertson’s Inc., and Haggen, intrusions to and disruption of information technology systems, impact of economic conditions, commodity pricing, governmental regulation, food and drug safety issues, legal proceedings, pharmacy reimbursement and health care financing, intellectual property protection, severe weather, natural disasters and adverse climate changes, disruption to supply chain and distribution network, changes in military business, adequacy of insurance, volatility in fuel and energy costs, asset impairment charges, fluctuations in our common stock price and other risk factors relating to our business or industry as detailed from time to time in SUPERVALU’s reports filed with the SEC. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, SUPERVALU undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact:
Steve Bloomquist
952-828-4144
steve.j.bloomquist@supervalu.com

Media Contact:
Jeff Swanson
952-903-1645
jeffrey.s.swanson@supervalu.com

Source: SUPERVALU INC.

Apple® announces quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion

Cupertino, CA, 2016-Jul-28 — /EPR Retail News/ — Apple® today announced financial results for its fiscal 2016 third quarter ended June 25, 2016. The Company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. These results compare to revenue of $49.6 billion and net income of $10.7 billion, or $1.85 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 39.7 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

“We are pleased to report third quarter results that reflect stronger customer demand and business performance than we anticipated at the start of the quarter,” said Tim Cook, Apple’s CEO. “We had a very successful launch of iPhone SE and we’re thrilled by customers’ and developers’ response to software and services we previewed at WWDC in June.”

“Our Services business grew 19 percent year-over-year and App Store revenue was the highest ever, as our installed base continued to grow and transacting customers hit an all-time record,” said Luca Maestri, Apple’s CFO. “We returned over $13 billion to investors through share repurchases and dividends, and we have now completed almost $177 billion of our $250 billion capital return program.”

Apple is providing the following guidance for its fiscal 2016 fourth quarter:

  • revenue between $45.5 billion and $47.5 billion
  • gross margin between 37.5 percent and 38 percent
  • operating expenses between $6.05 billion and $6.15 billion
  • other income/(expense) of $350 million
  • tax rate of 25.5 percent

Apple’s board of directors has declared a cash dividend of $.57 per share of the Company’s common stock. The dividend is payable on August 11, 2016 to shareholders of record as of the close of business on August 8, 2016.

Apple will provide live streaming of its Q3 2016 financial results conference call beginning at 2:00 p.m. PDT on July 26, 2016 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), and tax rate. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 26, 2015, its Form 10-Q for the fiscal quarter ended December 26, 2015, its Form 10-Q for the fiscal quarter ended March 26, 2016, and its Form 10-Q for the fiscal quarter ended June 25, 2016 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contact:

Kristin Huguet
Apple
khuguet@apple.com
(408) 974-2414

Investor Relations Contacts:

Nancy Paxton
Apple
paxton1@apple.com
(408) 974-5420

Joan Hoover
Apple
hoover1@apple.com
(408) 974-4570

Source: Apple®

Fresh Market in Kaysville launches online shopping and curbside pickup service — Fresh Market to Go

Salt Lake City, UT, 2016-Jul-28 — /EPR Retail News/ — Between long days at the pool, family get-togethers and vacations, there isn’t always enough time to grocery shop. Fresh Market in Kaysville is helping shoppers save time and make the most of their summer days with the launch of Fresh Market to Go, an online shopping and curbside pickup service. The program is part of a partnership with eCommerce company Rosie and available exclusively at the Kaysville location.

“Fresh Market to Go makes it possible to get the groceries you need, even when you don’t have a lot of time,” said Steve Bitter, Customer Service Operations Manager for Associated Retail Operations and Fresh Market. “We’ve trained our personal shoppers to shop for you the way you would shop for yourself. If they have any questions about your order, they’ll call or text you to make sure we provide exactly what you want.”

Fresh Market to Go makes grocery shopping simple with four easy steps. To get started, guests create a free Fresh Market to Go account on the store’s website. With their account, shoppers can select needed items and fill their cart. After they have everything they need, they can pay and select a time to pick up their order. When they arrive at the store, they park in one of the designated Fresh Market to Go stalls and text the Fresh Market to Go team to have their order brought out to their car.

There is a small convenience fee for the service, but Fresh Market to Go shoppers will benefit from all in-store ads, sales and promotions. Kaysville is the first Fresh Market location to launch the service. Guests have responded extremely well to similar programs at Fresh Market’s sister stores, Macey’s and Lin’s.

Reporters interested in trying Fresh Market to Go should contact Rachael Wabel at 801-978-8913 or rmwabel@afstores.com

About Fresh Market
Fresh Market opened in 2009 when Associated Food Stores acquired several stores from Albertsons and currently operates under the Associated Retail Operations banner of Associated Food Stores. With an emphasis on fresh and local products tied with exceptional customer service, Fresh Market serves multiple communities with more than 20 locations throughout Utah.  For more information about Fresh Market and to find the nearest location, visit freshmarketstores.com

About Rosie
The industry leading online grocery shopping platform for mobile and web; Rosie launched in July 2013 and today enables customers to shop online from their favorite local stores for same-day delivery or in-store pickup. Rosie partners with leading local retailers and their wholesalers to provide e-commerce, delivery opportunities, omni-channel marketing and deep data services. IBM selected Rosie as the Top Startup in North America in its 2014 IBM Smartcamp Competition. Visit rosieapp.com for company information and to sign up for a free account. Like us at fb.com/rosieapp. Follow us ontwitter.com/rosieapp

Media Contact:
Rachael Wabel
rmwabel@afstores.com
801-978-8913

Source:  Fresh Market

Kohlberg Kravis Roberts & Co. L.P. affiliates to offer for sale in an underwritten secondary offering 15,000,000 shares of Walgreens Boots Alliance’s common stock

DEERFIELD, Ill., 2016-Jul-28 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) (the “company”) today announced that affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR,” and together, the “selling stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of the company’s common stock pursuant to the shelf registration statement (File No. 333-209569) filed by the company with the Securities and Exchange Commission (the “SEC”) on 17 February 2016.

The company previously issued to the selling stockholders an aggregate of 52,461,215 shares of common stock in connection with the company’s strategic combination with Alliance Boots GmbH (“Alliance Boots”) completed in December 2014. On 11 May 2016, the selling stockholders sold 15,000,000 shares in an underwritten secondary offering. Prior to the proposed offering, the selling stockholders owned 37,461,215 shares in the aggregate, representing approximately 3.5 percent of the company’s outstanding shares of common stock, based on the number of shares outstanding as of 30 June 2016. Following the proposed offering, the selling stockholders will own 22,461,215 shares in the aggregate, representing approximately 2.1 percent of the company’s outstanding shares of common stock, based on the number of shares outstanding as of 30 June 2016. The company is not selling any shares and will not receive any proceeds from the proposed offering. Pursuant to the Shareholders Agreement by and among the company, certain of the selling stockholders, including affiliates of KKR and certain other investors, dated as of 2 August 2012, as amended, upon completion of the proposed offering, KKR’s contractual right to designate a nominee for election to the company’s board of directors will terminate. However, Dominic Murphy, a senior executive at KKR, will remain a member of the company’s board of directors after the completion of the proposed offering.

Morgan Stanley will act as the sole underwriter for the offering. The last reported sale price of the company’s common stock on 26 July 2016 was $81.33. The company filed an automatically effective shelf registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before making any investment decision, you should read the prospectus in that registration statement and other documents the company has filed with the SEC for more complete information about the company and this offering.

The company intends to file a further prospectus supplement with respect to this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at: www.sec.gov. Copies of the prospectus supplement and accompanying prospectus relating to the offering, when available, also may be obtained by writing or telephoning us at:

Walgreens Boots Alliance, Inc.
108 Wilmot Road
Deerfield, IL 60015
(847) 315-2922
Attention: Investor Relations

Morgan Stanley will arrange to send you the prospectus supplement, when available, and the accompanying prospectus relating to the offering if you request them by contacting Morgan Stanley & Co. LLC – Attn: Prospectus Department – 180 Varick Street, 2nd Floor – New York, NY 10014.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. The proposed offering of these shares of common stock is being made only by means of a prospectus supplement and a related prospectus.

Notes to Editors:

About Walgreens Boots Alliance
Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise. The company was created through the combination of Walgreens and Alliance Boots in December 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination in the USA and Europe and, together with its equity method investments*, employs more than 370,000* people and has a presence in more than 25* countries. Walgreens Boots Alliance is a global leader in pharmacy-led, health and wellbeing retail with over 13,100* stores in 11* countries. The company includes one of the largest global pharmaceutical wholesale and distribution networks with over 350* distribution centers delivering to more than 200,000** pharmacies, doctors, health centers and hospitals each year in 19* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Botanics, Liz Earle and Soap & Glory.

* As at 31 August 2015 (without subsequent adjustment for business acquisitions or dispositions), including equity method investments

** For 12 months ended 31 August 2015 (without subsequent adjustment for business acquisitions or dispositions), including equity method investments

Cautionary Note Regarding Forward-Looking Statements:
All statements in this release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and involve risks, assumptions and uncertainties, including those described in Item 1A (Risk Factors) of our Form 10-K for the fiscal year ending 31 August 2015 and our subsequent Forms 10-Q, including our Form 10-Q for the fiscal quarter ended 31 May 2016, which are incorporated herein by reference, and in other documents that we file or furnish with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially. These forward-looking statements speak only as of the date they are made. Except to the extent required by law, we do not undertake, and expressly disclaim, any duty or obligation to update publicly any forward-looking statement after the date of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

Contacts:

Walgreens Boots Alliance, Inc.
USA:
Michael Polzin
+1 847 315 2935

International:
Laura Vergani
+44 (0)207 980 8585

Investor Relations:
Gerald Gradwell and Ashish Kohli
+1 847 315 2922

Source: Walgreens Boots Alliance, Inc.

PetSmart selects Cognizant to help enhance its customer experience across its brick and mortar, online and mobile sales channels

TEANECK, N.J., 2016-Jul-28 — /EPR Retail News/ — Cognizant (CTSH) today announced that it has been selected by PetSmart, Inc., the largest specialty pet retailer in North America, to help it gain deeper customer insight and provide an improved omni-channel brand and shopping experience across its brick and mortar, online and mobile sales channels.

PetSmart’sCustomer Data Foundation (CDF) initiative will utilize master and analytics-driven demographic, behavioral, interactional and transactional data to create custom profiles of pets and “pet parents” who visit PetSmart at its stores, online and through its mobile app. This digital initiative centers on building an integrated, single view of customers and their pets to enhance PetSmart’s ability to provide its customers more consistent and relevant products and services, an improved brand experience and more personalized communications and engagement.

Using Cognizant’s MDM-in-a-box™ solution with pre-built, industry-specific data models and other features, Cognizant will empower PetSmart with better decision making by integrating operational store, campaign and other data to provide a single view of the entire data landscape. These insights will help PetSmart enhance customer experience across a range of areas, including product and service innovation, store design, as well as customer communications, engagement and loyalty. Over the longer term, PetSmart expects to provide more of this information directly to in-store associates to enhance customer interactions, while also enabling a digital ecosystem focused on pets and their well-being.

“Our work with Cognizant is key to PetSmart’s strategy to become a more customer-focused and data-driven enterprise. We want to improve our pet parents’ brand and shopping experience with us across any channel they choose, including newer digital channels that are becoming the first choice for customers today,” said Brent Cooke, Vice President, CRM, Consumer Insights and Loyalty at PetSmart. “By investing in innovative core technology, we are able to better listen to, and gain a more comprehensive understanding of our pet parents and their pets to expertly serve their needs and provide the convenience they seek.”

“PetSmart’s customers are drawn from a variety of sources, and with varying buying patterns, making it challenging to have a complete view of the diverse needs and desires of its customers,” said Karthik Krishnamurthy, Global Head of Cognizant’s Analytics and Information Management practice. “PetSmart is transforming its business by building out digital and analytics capabilities that enable customers to enjoy a superior omni-channel experience. Our MDM-in-a-box solution will allow PetSmart to rapidly and easily connect the data points within the network of products and services and buying channels. It is also their objective to create the first CDF program in the retail industry that provides a comprehensive view of pets to offer another level of depth to PetSmart’s understanding of its target consumers.”

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, operate 1,466 pet stores in the United States, Canada and Puerto Rico and 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 PetSmart.com, PetFoodDirect.com, Pet360.com and petMD.com – 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 500,000 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.

If you are a member of the news media and have an inquiry, please contact: 

PetSmart Public Relations
24-Hour News Media Line
Phone: 623.587.2177

Source: PetSmart

The Container Store Group, Inc. to release its financial results for the month of March and Q1-FY2016 on August 9, 2016

DALLAS, 2016-Jul-28 — /EPR Retail News/ — The Container Store Group, Inc. (NYSE:TCS) today announced that its financial results for the month of March and the first quarter of fiscal 2016 will be released after market close on Tuesday, August 9, 2016. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. This call will include both live, prepared remarks as well as a Q&A session.

Investors and analysts interested in participating in the call are invited to dial 877-407-3982 (international callers please dial 201-493-6780) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at investor.containerstore.com.

A taped replay of the conference call will be available within two hours of the conclusion of the call and can be accessed both online and by dialing 877-870-5176 (international callers please dial 858-384-5517). The pin number to access the telephone replay is 13640929. The replay will be available until September 9, 2016.

About The Container Store, Inc.
The Container Store (NYSE:TCS) is the nation’s leading retailer of storage and organization products and the only retailer solely devoted to the storage and organization category of retailing. The company originated the concept of storage and organization retailing when it opened its first store in 1978. Today, the retailer has 80 store locations nationwide that each average 25,000 square feet. The Container Store has over 11,000 products to help customers save space and, ultimately, save them time. As the pace of modern life accelerates and being organized is not a luxury anymore but a necessity, The Container Store is devoted to making customers more productive, relaxed and happier by selling customized, complete solutions. Since its inception, the retailer has nurtured an employee-first culture and couples its one-of-kind product collection with a high level of customer service delivered by its highly trained organization experts. The company has been named to FORTUNE magazine’s list of 100 Best Companies to Work For® 17 years in a row. Visit www.containerstore.com for more information about store locations, the product collection and services offered. To find out more about The Container Store’s unique culture, Foundation Principles and devotion to Conscious Capitalism®, visit the retailer’s blog at www.whatwestandfor.com.

Contacts:

Investor:
ICR, Inc.
Farah Soi
Anne Rakunas
203.682.8200
Farah.Soi@icrinc.com

Media:
The Container Store
Casey Shilling
972.538.6621
casey@containerstore.com

Source: The Container Store Group Inc.

USDA FSIS: PT Farm, LLC, recalls raw beef products that may be contaminated with E. coli O157:H7

WASHINGTON, 2016-Jul-28 — /EPR Retail News/ — PT Farm, LLC, a North Haverhill, N.H. establishment, is recalling approximately 8,800 pounds of raw beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The raw, intact and non-intact beef product items (ground beef, ground beef patties and other sub-primal cuts) were produced between June 6 and June 16, 2016. The following products are subject to recall:

  • Various weights and various sizes of raw intact and raw non-intact “Chestnut Farms” beef products packed in cardboard boxes.
  • Various weights and various sizes of raw intact and raw non-intact “PT Farm” beef products packed in cardboard boxes.
  • Various weights and various sizes of raw intact and raw non-intact “Miles Smith Farm” beef products packed in cardboard boxes.
  • Various weights and various sizes of raw intact and raw non-intact “Robie Farm” beef products packed in cardboard boxes.

The products subject to recall bear establishment number “M8868” inside the USDA mark of inspection. These items were shipped to retail locations and for institutional use in Maine, Massachusetts, New Hampshire and Vermont.

FSIS was notified of an E. coli O157:H7 illness cluster on July 20, 2016. Working in conjunction with the New Hampshire Department of Health and Human Services, FSIS determined that there is a link between the beef products from PT Farm and this illness cluster. Based on epidemiological investigation, 14 case-patients have been identified with illness onset dates ranging from June 15 to July 10, 2016. Traceback for 8 case-patients for whom data was available led back to a single day of production at PT Farm. This investigation is ongoing. FSIS continues to work with the New Hampshire Department of Health and Human Services on this investigation and will provide updated information as it becomes available.

E. coli O157:H7 is a potentially deadly bacterium that can cause dehydration, bloody diarrhea and abdominal cramps 2–8 days (3–4 days, on average) after exposure the organism. While most people recover within a week, some develop a type of kidney failure called hemolytic uremic syndrome (HUS). This condition can occur among persons of any age but is most common in children under 5-years old and older adults. It is marked by easy bruising, pallor, and decreased urine output. Persons who experience these symptoms should seek emergency medical care immediately.

FSIS and the company are concerned that some product may be frozen and in consumers’ freezers.

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

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

FSIS advises all consumers to safely prepare their raw meat products, including fresh and frozen, and only consume beef products that have been cooked to a temperature of 145° F for roasts with a three minute rest time and 160° F for ground meat. The only way to confirm that beef is cooked to a temperature high enough to kill harmful bacteria is to use a food thermometer that measures internal temperature, http://1.usa.gov/1cDxcDQ.

Media and consumers with questions regarding the recall can contact Peter L. Roy, company owner, at (603) 787-9199.

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

PREPARING PRODUCT FOR SAFE CONSUMPTION
USDA Meat and Poultry Hotline
1-888-MPHOTLINE or visit
www.fsis.usda.gov

Wash hands with warm, soapy water for at least 20 seconds before and after handling raw meat and poultry. Wash cutting boards, dishes and utensils with hot, soapy water. Immediately clean spills.

Keep raw meat, fish and poultry away from other food that will not be cooked. Use separate cutting boards for raw meat, poultry and egg products and cooked foods.

Color is NOT a reliable indicator that meat has been cooked to a temperature high enough to kill harmful bacteria.

The only way to be sure the meat or poultry is cooked to a high enough temperature to kill harmful bacteria is to use a thermometer to measure the internal temperature.

  • Fish: 145°F
  • Beef, pork, lamb chops/steaks/roasts: 145°F with a three minute rest time
  • Ground meat: 160°F
  • Poultry: 165°F
  • Hot dogs: 160°F or steaming hot

Refrigerate raw meat and poultry within two hours after purchase or one hour if temperatures exceed 90º F. Refrigerate cooked meat and poultry within two hours after cooking.

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

Contact:
Congressional and Public Affairs
Richard J. McIntire
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

The Well JV to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP

TORONTO, ONTARIO, 2016-Jul-28 — /EPR Retail News/ — RioCan REIT (TSX:REI.UN), Allied Properties REIT (TSX:AP.UN) and Diamondcorp(collectively, “The Well JV”) today announced that they have entered into a binding agreement to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP for approximately $180 million, subject to certain closing conditions.

The Well JV acquired 7.67 acres on the northwest corner of Front Street West and Spadina Avenue (the “Site”) in late 2012 and early 2013 for a purchase price of $170 million. The Well JV has received Official Plan approval for over three million square feet of mixed-use density on the Site. The City’s Design Review Panel has referred to the proposal as enlightened urbanism. Approximately 1.43 million square feet of the density is currently expected to be residential which will include a mix of both condominium and rental apartments. RioCan will remain a 50% co-owner of one of the rental buildings representing approximately 400,000 square feet of residential rental density. The remainder of the site is being divided between office and retail density in a ratio of approximately two to one, which is intended to be retained by The Well JV. As one of the few remaining developable sites in Downtown Toronto, the strong locational attributes of The Well will be further enhanced by the recent announcement from the Province of Ontario to locate a future transit stop adjacent to the site.

The current buildings on the Site are occupied by tenants expected to vacate on or before the end of 2016. The Well JV is working toward pre-leasing a significant portion of the office component of The Well and is optimistic that a lead tenant will be secured in the near term. The Well JV intends to initiate the development in early 2017, which will involve excavation of the Site and construction of the entire underground parking and loading structure. Tridel and Woodbourne will participate in this and other phases of the construction and pay for their share of the underground parking spaces required for the residential component of The Well in accordance with an agreed formula. With the addition of the residential partners, the intention is to complete the entire development during one continuous construction period rather than a phased in approach.

The sale is scheduled to close upon requisite land severances being granted and upon completion of the underground parking structure and building podiums. This is estimated to occur in early 2020.

“We are very pleased to partner with Tridel and Woodbourne. They bring with them to The Well a tremendous amount of experience and expertise developing high rise residential,” said Edward Sonshine, CEO of RioCan. “This is an excellent transaction for our development group which will greatly assist in managing the development risk of a project of this magnitude, and will allow the consortium to fully develop The Well in a single phased development. We are excited to combine the office and residential components with a unique, destinational retail offering that will be integrated into the community.”

“This is a solid step forward in the execution of one of the largest and most important intensification projects in Downtown Toronto,” said Michael Emory, President & CEO of Allied. “In addition to reducing the risk and enhancing the potential return for the initial co-owners, it brings the expertise necessary to initiate construction of the entire project within the timeframe originally contemplated and to ensure that the office, retail and residential uses compliment one and other as fully as possible.”

“We are pleased that we are able to partner with companies of the caliber of Tridel and Woodbourne. They have embraced our vision for the site, which has been developed through extensive collaboration with the local community and the City’s Planning Department,” said Stephen Diamond, President & CEO of Diamondcorp.

Cautionary Statements – Allied Properties REIT
This press release may contain forward-looking statements with respect to Allied, its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. The actual results and performance of Allied discussed herein could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including that the transactions contemplated herein are completed. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulations and the factors described under “Risk Factors” in Allied’s Annual Information Form, which is available a twww.sedar.com. These cautionary statements qualify all forward-looking statements attributable to Allied and persons acting on Allied’s behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and the parties have no obligation to update such statements.

Cautionary Statements – RioCan REIT
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. This information includes, but is not limited to, statements made with respect to RioCan’s development program and other statements concerning RioCan’s objectives, its strategies to achieve those objectives, as well as statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described under “Risks and Uncertainties” in RioCan’s Management’s Discussion and Analysis (“MD&A”) for the period ended March 31, 2016, the Trust’s most recent Annual Report and Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release. Those risks and uncertainties include, but are not limited to, those related to: liquidity and general market conditions; tenant concentrations and related risk of bankruptcy or restructuring (and the terms of any bankruptcy or restructuring proceeding), defaults, including the failure to fulfill contractual obligations by the tenant or a related party thereof; retailer competition; access to debt and equity capital; interest rate and financing risk; joint ventures and partnerships; the relative illiquidity of real property; development risk associated with construction commitments, project costs and related approvals; environmental matters; and property management. Although the forward looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. Certain statements included in this News Release may be considered “financial outlook” for purposes of applicable securities laws, and such financial outlook may not be appropriate for purposes other than this News Release.

The Income Tax Act (Canada) contains provisions which potentially impose tax on publicly traded trusts (the SIFT Provisions). However, the SIFT Provisions do not impose tax on a publicly traded trust which qualifies as a REIT. RioCan currently qualifies as a real estate investment trust for Canadian tax purposes and intends to qualify for future years. Should this not occur, certain statements contained in this News Release may need to be modified.

Except as required by applicable law, RioCan undertakes no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

About Allied
Allied Properties REIT is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating in Canada’s major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $16 billion as at March 31, 2016. RioCan owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 303 Canadian retail and mixed use properties, including 16 properties under development, containing an aggregate net leasable area of 46 million square feet. For further information, please refer to RioCan’s website at www.riocan.com.

About Diamondcorp
Diamond Corp. is a Toronto real estate development company with a strong commitment to developing high quality, innovative and award-winning residential and mixed-use projects. Diamond Corp. is committed to progressive city building rooted in a legacy and tradition of quality and innovation.

Contact Information:
RioCan REIT
Edward Sonshine, O. Ont., Q.C.
Chief Executive Officer of RioCan
(416) 866-3018
sonshine@riocan.com

Allied Properties REIT
Michael R. Emory
President & Chief Executive Officer of Allied
(416) 977-9002
memory@alliedreit.com

Diamondcorp
Stephen Diamond
President & Chief Executive Officer of Diamondcorp
(416)342-5407
stephen@diamondcorp.com

Source: RioCan

Office Depot announces the opening of a new STEM wing at Lovejoy High School in Lucas, Texas

BOCA RATON, Fla., 2016-Jul-28 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the opening of a new STEM wing at Lovejoy High School, located in Lucas, Texas. The STEM wing is scheduled for an unveiling today at Learning @ Lovejoy, a nine day professional development conference that also kicks off today with more than 50 sessions for every subject area, level and role within K-12 education.

The nearly 28,000 square foot addition features 12 classrooms, two engineering labs, five computer labs and one think tank incubator space, geared toward teaching science, technology, engineering and math (STEM). Office Depot, Inc. provided full end-to-end services from visioning to implementation of the furniture and equipment along with a financial contribution toward the incubator space, which was designed to facilitate a high-impact learning environment that fosters creativity and innovation.

“Today’s classrooms need to stimulate learning in an environment where technology and digital learning are integral components,” said Becki Schwietz, senior director of K-12 Initiatives for Office Depot, Inc. “The STEM program at Lovejoy exemplifies modern learning, and we are pleased to contribute toward this innovative educational solution.”

The STEM wing provides students with two distinct applied learning areas spanning two floors. On the first floor, students produce projects using work tables and traditional and digital tools under the apprenticeship of industry professionals and educators working with them to design, prototype and synthesize advanced products. The second floor, a think tank incubator nest, was created in collaboration with Office Depot, Inc. and overlooks the busy workshop below. This space facilitates ideation, observation and project management of the first floor production area. Although the two areas are separated, they were developed to facilitate collaboration through different steps within the same student-led design process.

The space was designed to resemble an industrial and advanced digital workshop with building systems such as plumbing, electrical, HVAC and some structural beams left exposed to highlight the systems in place that support and operate the building. The incubator space is outfitted with conference tables, high-definition smart TV monitors, and office chairs instead of the typical student seating. Learners and visitors to the space can also experience furnishings and digital tools that are common in modern STEM work environments.

The new STEM wing was developed with input from teachers, who worked with the district to outline the program goals. The STEM courses offered at Lovejoy High School support students in the practice of applying diverse subject area skill sets in order to solve real world and authentic problems, encourage creative thinking and problem solving, and enhance collaboration among students and teachers.

“Office Depot has been a tremendous partner in helping our district establish a 21st century model for educational design,” said Dennis Muizers, deputy superintendent for Lovejoy Independent School District. “The ability to be flexible in order to meet the needs of each student is the hallmark of our learning spaces and instructional goals, and we are thrilled to make this vision a reality for our students and take their education to an even higher level.”

Office Depot, Inc. will also play an integral role at the Learning @ Lovejoy conference, which will feature an Office Depot Innovation Zone where participants can explore an immersive 21st century learning experience within the new STEM wing including dedicated workshops featuring experiential collaboration and highlights from Lovejoy’s own innovation journey with Office Depot, Inc. to reimagine education.

Office Depot, Inc. works with school districts around the country to design classrooms with new technology and furniture to help meet the changing needs of students today. It’s all part of the company’s “Committed to Learning” initiative, which has led to the formation of a national team of education experts and partners across disciplines. In developing this team, the company provides instructional solutions and professional development for educators to enrich the learning experience, in addition to forging partnerships with thought leaders in the industry to focus on early literacy, cognitive computing, entrepreneurship, project-based learning and innovative learning spaces.

About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $16 billion, employs approximately 56,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Contacts:

Julianne Embry
561-438-1451
julianne.embry@officedepot.com

Edelman
Sarah Hoffman
512-634-3651
sarah.hoffman@edelman.com

Source: Office Depot, Inc.

Sears starts the back-to-school season with two new private label apparel lines and a new “The Secret Life of Pets” app game

HOFFMAN ESTATES, Ill., 2016-Jul-28 — /EPR Retail News/ —  Sears has kicked off the back-to-school season with two new private label apparel lines, a new interactive in-store Sears app experience and shopping conveniences that make shopping easier, more fun with less time taken away from the last few days of summer.

With fresh, updated jeans perennially high on back-to-school shopping lists, Sears was inspired to expand its popular Roebuck & Co. line to boys and girls. Previously only available for men, the new Roebuck & Co. line includes denim, plus khaki cargo pants, long-sleeve tops and hoodies for boys, and leggings, tops and jackets for girls. Sears also introduced R1893 – a diverse women’s denim collection that features six fits and 52 washes.

“Back to school style is about having the confidence and swag to rock a logo-less tee and unbranded jacket. It’s being on trend and owning your style by making it yours. And you can seriously do that at Sears,” said Joelle Maher, president and chief member officer for Sears. “The new apparel lines will remind our members that denim is not only our heritage, it’s our passion. We believe in expertly constructed fits, rich vintage washes and serious attention to detail.”

  • R1893– With a name calling back to when the Sears Roebuck name first appeared, this new women’s collection takes denim to a new level. The collection features six fits – hi-rise jeggings, girlfriend, boot, skinny, jegging, and skinny flare – with higher cotton content and fits with varying stretch, making the jeans feel buttery, yet durable, and holding in the right places. Sizes are 2-18 and range in price from $39-$49.
  • Roebuck & Co.– This brand plays to Sears’ heritage and focuses on quality and value. The boys line has a classic collegiate feel, with tints of color and dry processing to give it a vintage look. The line comes in two fits – straight and slim straight, each in four washes – three denim washes and black. The girls line conveys a bohemian, free-spirited attitude and features three fits – jegging, legging jean, and boot cut, with stretch in each. The jegging comes in six washes, including black, grey, and two fashion colors (pink and turquoise); legging jeans have an elastic waistband and come in four washes/colors; and boot cut comes in two indigo washes. Denim sizes are 7-16 for girls and 8-20 for boys, with plus and husky sizing available, ranging in price from $24-$32.

Find Max and Win at Sears
Catching the wave of engaging, real-world app play, Sears teamed with the makers of the summer blockbuster “The Secret Life of Pets,” bringing the characters to the Sears app for a fun interactive game. To play the “Find Max” game, users launch the Sears app in-store then search for clues marked with a QR code. When all three QR codes are scanned, Max’s secret location is revealed, unlocking opportunities to enter sweepstakes, earn instant Shop Your Way points and more. Text “FINDMAX” to 73277 to download or update the Sears app.

Tying together Sears’ “Seriously Sears” back to school campaign is a series of digital videos that showcase Sears exciting new fashion looks for girls, boys and teens. Two spots viewable on Sears’ YouTube channel include “Chat” and “Soccer Moments.”

Offering More Deals on the Most-Wanted Back-to-School Gear
The National Retail Federation announced that frugality is top-of-mind with back-to-school shoppers this year, with 30 percent saying they will shop sales, 28 percent using more coupons, 25 percent using circulars to seek out deals, and 28 percent buying more store brands*. Sears offers many ways for members to save for back-to-school, including weekly advertised deals on sears.com/localad, via personalized digital coupons easily loaded using the Sears app, and special pricing and offers for Shop Your Way members.

Back-to-school specials and deals include:

Sears offers several conveniences to take the fuss out of shopping as parents prepare to get kids back in the groove. Personal Shopper from Shop Your Way allows members to get free personal shopping advice from experts across a broad range of product categories. Sears’ In-Vehicle Pickup service allows parents to shop online or via their mobile phone anytime and have their items brought to their car when they arrive at the store to pick them up in five minutes guaranteed. Looking for a different color or size of an item that’s not in-store? As an added convenience, Sears app users get free shipping on orders placed while in-store (when location services are enabled).

To see Sears’ best back-to-school deals, visit Sears.com/backtoschool and join the conversation at #SeriouslySears.

*Source: NRF 2016 Back-to-School Survey

About Sears, Roebuck and Co.
Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a leading integrated retailer providing merchandise and related services and is part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Sears, Roebuck offers its wide range of home merchandise, apparel and automotive products and services through Sears-branded and affiliated full-line and specialty retail stores. Sears, Roebuck also offers a variety of merchandise and services through sears.com and specialty catalogs. Sears, Roebuck offers consumers leading proprietary brands including Kenmore, Craftsman, and DieHard — among the most trusted and preferred brands in the U.S. The company is the nation’s largest provider of home services, with nearly 12 million service and installation calls made annually. For more information, visit the Sears, Roebuck website at www.sears.com or the Sears Holdings Corporation website at www.searsholdings.com.

MEDIA CONTACTS:

Brian Hanover
Sears Holdings
847-286-6080
Brian.Hanover@searshc.com

Kamal Bosamia
Zeno Group for Sears
312-527-2SHC (2742)
Kamal.Bosamia@zenogroup.com

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Sears starts the back-to-school season with two new private label apparel lines and a new "The Secret Life of Pets" app game
Sears starts the back-to-school season with two new private label apparel lines and a new “The Secret Life of Pets” app game

 

SOURCE Sears, Roebuck and Co.

BJ’s Restaurants, Inc. announces financial results for its Q2-FY2016 ended Tuesday, June 28, 2016

HUNTINGTON BEACH, Calif., 2016-Jul-28 — /EPR Retail News/ — BJ’s Restaurants, Inc.(NASDAQ:BJRI) today reported financial results for its fiscal 2016 second quarter ended Tuesday, June 28, 2016, and announced that its Board of Directors has approved a $100 million increase to the Company’s share repurchase program.

Second Quarter 2016 Highlights Compared to Second Quarter 2015

  • Total revenues grew 7.9% to $250.3 million
  • Total restaurant operating weeks increased approximately 10%
  • Comparable restaurant sales declined 0.2%
  • Net income increased 10.9% to $13.8 million
  • Diluted net income per share grew 19.5% to $0.56

“Our new restaurant growth, coupled with our successful efficiency initiatives, drove another quarter of record earnings,” commented Greg Trojan, President and CEO.  “Continued success from Project Q, our other ongoing cost savings initiatives and our ability to leverage fixed costs as we further expand our national footprint resulted in a 20 basis point year-over-year increase in operating income margin to 7.8% and healthy restaurant level operating margins of 20.6%.  As a result of the strong operating leverage in our model, combined with the impact of our share repurchases, our 7.9% rise in revenue enabled us to realize a 19.5% growth in diluted net income per share.”

“While industry-wide second quarter comparable restaurant sales were softer than anticipated, we outperformed the industry average.  We are addressing the current operating environment with several menu and marketing initiatives that are planned for the second half of this year.  These menu innovations include the recent additions to our ‘Loaded Burgers’ lineup, a Monday through Thursday daily ‘Brewhouse Special’ and several new items for our very successful ‘Enlightened Menu’ category.  These new ‘Enlighted Menu’ items will focus on today’s more popular ‘superfoods’ and will roll out in the fall.  Additional areas of focus aimed at growing sales over the balance of 2016 include increased engagement with our guests through our loyalty program and mobile app, and a revised marketing plan to introduce the BJ’s brand to guests in our newest markets while further elevating brand awareness in our existing markets.  Most importantly, we continue to drive sales by providing a higher quality, more differentiated casual dining experience for our guests.  We believe our team members’ relentless execution of every detail, during every shift, will support our goal of driving growth for the near and long-term.”

Development Update
In the second quarter of fiscal 2016, BJ’s opened three new restaurants in Pensacola, Florida;Lancaster, Pennsylvania; and Lexington, Kentucky, and to date in 2016, the Company has opened seven new restaurants.  Trojan added, “The majority of our fiscal 2016 restaurant openings are in newer markets in the mid-Atlantic, Ohio Valley and the Northeast, where we believe there is tremendous opportunity to grow our brand.  Our pipeline for new restaurants over the balance of 2016 is in excellent shape as we remain on track to open 18 to 19 new restaurants this year.  We expect to open a total of five new restaurants in the third quarter and up to seven new restaurants in the fourth quarter of fiscal 2016.  In addition, our development team is making great progress in building a solid pipeline for our fiscal 2017 and 2018 new restaurant openings.  With only 177 restaurants opened as of today, and estimated national capacity for at least 425 BJ’s restaurants, our prospects for near and long-term growth remain strong.”

Share Repurchase Program Update
BJ’s announced today that its Board of Directors has approved a $100 million expansion of the Company’s share repurchase program.  The expansion brings the total amount authorized under the share repurchase program to $350 million.   During the second quarter of 2016, the Company did not repurchase any shares and, with this $100 million increase to the plan, has $129.9 million available under the repurchase authorization. Since the Company’s first share repurchase authorization was approved in April 2014, BJ’s has repurchased and retired approximately 5.5 million shares at a cost of approximately $220.1 million.  “Reflecting our strong operating cash flow and solid balance sheet, we believe BJ’s is well positioned to continue executing our restaurant expansion plan, while simultaneously and opportunistically returning capital to shareholders,” commented Trojan.

Pursuant to the share repurchase authorization, purchases may be made from time to time through various methods in accordance with applicable securities laws, including open market transactions, block trades, accelerated share repurchases, privately negotiated transactions or otherwise, certain of which may be effected pursuant to a trading plan adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.  The timing and actual amount of shares to be purchased will be subject to management’s evaluation of market conditions, applicable legal requirements, the Company’s ongoing evaluation of its capital position and capital requirements and other factors.  The Company is not obligated to purchase any additional shares under its expanded repurchase program, and repurchases may be suspended or discontinued at any time without prior notice.

Investor Conference Call and Webcast
BJ’s Restaurants, Inc. will conduct a conference call on its second quarter 2016 earnings release today, July 26, 2016, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).  Senior management will discuss the financial results and host a question and answer session.  In addition, a live audio webcast of the call will be accessible to the public on the “Investors” page of the Company’s website located at http://www.bjsrestaurants.com and a recording of the webcast will be archived on the site for 30 days following the live event.  Please allow 15 minutes to register and download and install any necessary software.

About BJ’s Restaurants, Inc.
BJ’s Restaurants, Inc. currently owns and operates 177 casual dining restaurants under the BJ’s Restaurant & Brewhouse®, BJ’s Restaurant & Brewery®, BJ’s Pizza & Grill® and BJ’s Grill® brand names.  BJ’s Restaurants offer an innovative and broad menu featuring award-winning, signature deep-dish pizza complemented with generously portioned salads, appetizers, sandwiches, soups, pastas, entrees and desserts, including the Pizookie® dessert.  Quality, flavor, value, moderate prices and sincere service remain distinct attributes of the BJ’s experience.  All restaurants feature BJ’s critically acclaimed proprietary craft beers, which are produced at several of the Company’s Restaurant & Brewery locations, its two brewpubs in Texas and by independent third party craft brewers.  The Company’s restaurants are located in the 23 states of Alabama, Arizona, Arkansas,California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Nevada, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington. Visit BJ’s Restaurants, Inc. on the Web at http://www.bjsrestaurants.com for locations and additional information.

Forward-Looking Statements Disclaimer
Certain statements in the preceding paragraphs and all other statements that are not purely historical constitute “forward-looking” statements for purposes of the Securities Act of 1933 and the Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby.  Such statements include, but are not limited to, those regarding expected comparable restaurant sales and margin growth in future periods, total potential domestic capacity, the success of various sales-building and productivity initiatives, future guest traffic trends, construction cost savings initiatives and the number and timing of new restaurants expected to be opened in future periods.  These “forward-looking” statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from those projected or anticipated.  Factors that might cause such differences include, but are not limited to: (i) our ability to manage an increasing number of new restaurant openings, (ii) construction delays, (iii) labor shortages, (iv) increases in minimum wage and other employment related costs, including the Patient Protection and Affordable Care Act, (v) the effect of credit and equity market disruptions on our ability to finance our continued expansion on acceptable terms, (vi) food quality and health concerns and the effect of negative publicity about us, our restaurants, other restaurants, or others across the food supply chain, due to food borne illness or other reasons, whether or not accurate, (vii) factors that impact California, where 62 of our current 177 restaurants are located, (viii) restaurant and brewery industry competition, (ix) impact of certain brewing business considerations, including without limitation, dependence upon suppliers, third party contractors and related hazards, (x) consumer spending trends in general for casual dining occasions, (xi) potential uninsured losses and liabilities due to limitations on insurance coverage, (xii) fluctuating commodity costs and availability of food in general and certain raw materials related to the brewing of our craft beers and energy, (xiii) trademark and service-mark risks, (xiv) government regulations and licensing costs, (xv) beer and liquor regulations, (xvi) loss of key personnel, (xvii) inability to secure acceptable sites, (xviii) legal proceedings, (xix) other general economic and regulatory conditions and requirements, (xx) the success of our key sales-building and related operational initiatives, and (xxi) numerous other matters discussed in the Company’s filings with the Securities and Exchange Commission, including its recent reports on Forms 10-K, 10-Q and 8-K.  The “forward-looking” statements contained in this press release are based on current assumptions and expectations, and BJ’s Restaurants, Inc. undertakes no obligation to update or alter its “forward-looking” statements whether as a result of new information, future events or otherwise.

For further information, please contact:

Greg Levin
BJ’s Restaurants, Inc.
(714) 500-2400

JCIR
(212) 835-8500
bjri@jcir.com.

Source: BJ’s Restaurants, Inc.

MIGROS SCHAFFHAUSEN BUCHTHALEN ERSTRAHLT IN NEUEM GLANZ

Am 3. August 2016 öffnet die Migros Buchthalen in Schaffhausen wieder ihre Türen für die Kundschaft. In weniger als acht Wochen wurde der Supermarkt komplett modernisiert.

Gossau, Switzerland, 2016-Jul-28 — /EPR Retail News/ — Die optimierte Warenpräsentation sowie die moderne Ladeneinrichtung sorgen für ein neues Migros-Einkaufserlebnis in der Migros Schaffhausen Buchthalen. Der versetzte Windfang ermöglicht eine bessere Wegführung im Ladeninnern. In der grosszügig angelegten Frischeabteilung werden Früchte, Gemüse, Käse, Fisch, Fleisch und Charcuterie-Produkte in Selbstbedienung angeboten. Dank der Aufbackstation profitieren die Kundinnen und Kunden bis Ladenschluss von ofenfrischem Brot.

Kaffee und Süsses für Geniesser
Gelegenheit für eine Pause bietet die in den Supermarkt integrierte Kaffeeecke. Ein Novum in der Filiale Buchthalen sind die verlockenden Süssgebäcke, die im Offenverkauf angeboten werden. Die Kundinnen und Kunden können die Leckereien mit nach Hause nehmen oder direkt in der Kaffeeecke geniessen. Dort rundet eine Kaffeemaschine mit verschiedenen Kaffee-Spezialitäten das Angebot ab.

Nachhaltige Bauweise
Auch die Haustechnik wurde auf den aktuellsten Stand gebracht. So sorgen künftig die Beleuchtung mit LED-Spots und –Röhren sowie die Verwendung von Kühlmöbeln der neusten Generation für einen ressourcenschonenderen Betrieb des Supermarktes. Die Abwärme, welche durch die Kühlmöbel produziert wird, gibt die Migros Ostschweiz an die benachbarte Alcon Grieshaber AG ab. Insgesamt hat die Migros Ostschweiz drei Millionen Franken in die Modernisierung der Migros Buchthalen investiert.

Attraktive Eröffnungsangebote
Von Donnerstag bis Samstag, 4. bis 6. August 2016, feiert die Migros Schaffhausen Buchthalen ihre Wiedereröffnung. An diesen Tagen kommen Kundinnen und Kunden in den Genuss von zehn Prozent Rabatt auf das reguläre Supermarkt-Sortiment. Ausserdem gibt es für nur CHF 2.50 eine Bratwurst vom Grill mit Bürli, dazu kostenlos ein Aproz-Mineralwasser. Filialleiter Thomas Sigrist und sein Team freuen sich auf zahlreiche Besucherinnen und Besucher.

Migros-Bauprojekte im Internet
Informationen zu allen laufenden Neu- und Umbauprojekten der Migros Ostschweiz finden Interessierte auf folgender Internetseite: http://www.migros.ch/de/ueber-die-migros/ostschweiz/neubau-umbau.html

Kontakt für Medienanfragen:

Christian Possa
Projektleiter Kommunikation Migros Ostschweiz
071 493 24 92
christian.possa@gmos.ch

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MIGROS SCHAFFHAUSEN BUCHTHALEN ERSTRAHLT IN NEUEM GLANZ
MIGROS SCHAFFHAUSEN BUCHTHALEN ERSTRAHLT IN NEUEM GLANZ

 

Source: Migros

Walgreens installs safe medication disposal kiosks at its pharmacies across 21 states

DEERFIELD, Ill., 2016-Jul-27 — /EPR Retail News/ — In the first national effort of its kind by a retailer, Walgreens has installed safe medication disposal kiosks at 288 pharmacies across 21 states and Washington D.C. Walgreens is now more than halfway toward its goal, announced in February, of installing medication disposal kiosks at 500 locations around the country.

To mark the first store in Wisconsin with a drug take-back kiosk, Walgreens will be joined today by House Speaker Paul Ryan for a ceremony at a Janesville, Wis., store. Safe medication disposal kiosk installation in Wisconsin is expected to be complete by the end of August.

The kiosks provide a safe and convenient way to dispose of unwanted, unused or expired prescriptions, including controlled substances, and over-the-counter medications at no cost. As part of Walgreens drug take-back program, the kiosks make the disposal of medications easier and are available year-round to help reduce the misuse of medications and the rise in overdose deaths.

“Walgreens has taken an important first step to curb the misuse of medications throughout the country and continues to make progress in offering easy and convenient medication disposal,” said Richard Ashworth, Walgreens president of pharmacy and retail operations. “Everyone has a role to play in minimizing prescription drug abuse, and we are committed to being part of a comprehensive solution to reverse this epidemic.”

The kiosks at Walgreens pharmacies are available during regular pharmacy hours (24 hours a day at most kiosk locations) and offer one of the best ways to ensure medications are not accidentally used or intentionally misused by someone else.

Walgreens also has helped curb the rise in opioid overdose deaths by making naloxone, a lifesaving opioid antidote, available without requiring a prescription in more than 2,600 pharmacies across 14 states. On Aug. 1, Walgreens will begin offering naloxone without requiring a prescription in North Carolina and Wisconsin as the company continues toward its goal of offering naloxone without a prescription at more than 7,000 of its nearly 8,200 pharmacies. In states where a prescription is required, Walgreens is available and eager to work with regulators to help update rules to allow for dispensing of naloxone without a prescription.

Naloxone can be used in the event of an overdose to reverse the effects of heroin or other opioid drugs, and is administered by injection or nasal spray.

When naloxone is dispensed, instructions are provided on how to administer the medication, including calling 911. Naloxone is not a substitute for medical care, and anyone who is administered the medication should seek immediate medical attention.

Drug abuse continues to be a public health and safety risk. More Americans die every day from drug overdoses than from motor vehicle crashes, according to the Office of National Drug Control Policy. According to the Substance Abuse and Mental Health Services Administration’s 2014 National Survey on Drug Use and Health, almost 15 million Americans misused a prescription drug in 20141, and that same year the Centers for Disease Control and Prevention (CDC) reported a national total of 47,055 drug overdose deaths, which include deaths from prescription and illicit drugs. That is a 6.5 percent increase from 2013 and a 140 percent increase since 2000.2

In addition to offering a year-round solution for individuals to dispose of their medications, Walgreens continues to participate in DEA sponsored National Prescription Drug Take Back Days, serving as a collection point in communities for law enforcement to collect unwanted, unused or expired medications for safe disposal. The company is also collaborating with the American Pharmacists Association Institute on Alcoholism and Drug Dependencies to continue to offer a substance abuse education program for pharmacists and student pharmacists.

States where Walgreens Safe Medication Disposal Program has been implemented:

Alabama, Arizona, California, Colorado, District of Columbia, Iowa, Kansas, Mississippi, Montana, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin*

*Installation has begun in the state and is expected to be complete in August.

States where Walgreens offers naloxone without requiring a prescription:

Alabama, Idaho, Indiana, Maryland, Massachusetts, New Jersey, New Mexico, New York (including Duane Reade drugstores), Ohio, Oklahoma, Pennsylvania, Rhode Island, Texas, Washington.

Note: North Carolina and Wisconsin will begin offering naloxone without requiring a prescription on Aug. 1.

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

1 Substance Abuse and Mental Health Services Administration’s 2014 National Survey on Drug Use and Health http://www.samhsa.gov/data/sites/default/files/NSDUH-DetTabs2014/NSDUH-DetTabs2014.htm

2 Centers for Disease Control and Prevention, Increases in Drug and Opioid Overdose Deaths –United States, 2000-2014 http://www.cdc.gov/mmwr/preview/mmwrhtml/mm6450a3.htm

Contact:

Phil Caruso
847-315-2962
philip.caruso@walgreens.com
http://news.walgreens.com
@WalgreensNews
facebook.com/Walgreens

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House Speaker Paul Ryan joins Walgreens at the July 25, 2016 launch of drug take-back disposal program in Wisconsin
House Speaker Paul Ryan joins Walgreens at the July 25, 2016 launch of drug take-back disposal program in Wisconsin

 

Source: Walgreens

Nordstrom Rack to open at The Centre at Preston Ridge in Frisco, Texas

SEATTLE, 2016-Jul-27 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at The Centre at Preston Ridge in Frisco, Texas. The approximately 33,000-square-foot store is scheduled to open in fall 2017. The property is owned by Brixmor Property Group.

Nordstrom Rack will join Saks OFF 5TH, T.J. Maxx, Target, DSW, Ross, Ulta, Old Navy, Best Buy and many more shops and restaurants. The Centre at Preston Ridge is located at the corner of Gaylord Parkway and Preston Road, just northwest of where the Dallas North Tollway and Sam Rayburn Tollway meet.

“We’ve been fortunate to serve customers in Frisco with our full-line store at Stonebriar Center for more than 15 years, and we’ve heard from them how convenient it would be to also have a Rack location close by,” said Geevy Thomas, president of Nordstrom Rack. “We’re excited to get our doors open here and hope to offer our customers less time in the car and more time to shop the great brands they love at great prices.”

This will be the sixth Nordstrom Rack in the Dallas area. The company also operates four Nordstrom stores: Stonebriar Centre, NorthPark Center, Galleria Dallas, and North East Mall.

“Off-price retail is a rapidly growing segment that is highly desired by our consumers,” said Brian Finnegan, executive vice president of leasing for Brixmor Property Group. “Our redevelopment of Preston Ridge, driven by the addition of best-in-class retailers such as Nordstrom Rack, Saks OFF 5TH and J. Crew Mercantile, allows us to further strengthen the center’s appeal and to better serve the Frisco community.”

Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30 to 70 percent off regular prices. The Rack carries merchandise from Nordstrom stores and Nordstrom.com, as well as specially purchased items from many of the top brands sold at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.

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 and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About The Centre at Preston Ridge
Preston Ridge is a 780,000-square-foot power center anchored by top national retailers, including T.J. Maxx, Marshalls, Ross Dress for Less, Ulta Beauty and Old Navy.  Plus, this market-dominant center boasts a strong lineup of popular restaurants, including Texas L & C Co. Steak House, Romano’s Macaroni Grill and Corner Bakery.

About Brixmor Property Group
Brixmor owns and operates the nation’s largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with 518 properties aggregating approximately 87 million square feet of gross leasable area located primarily across the top 50 U.S. metro markets.  Brixmor leverages its national footprint, local market knowledge and operational expertise to support the growth of its retail tenants. The Company is focused on maximizing the value of its portfolio through strategic leasing and anchor space repositioning / redevelopment initiatives.  Headquartered in New York City, the Company is the largest landlord to The TJX Companies and The Kroger Company.

MEDIA CONTACT:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com

Kristen Moore
Brixmor Property Group
(646) 344-8841
Kristen.Moore@brixmor.com

 

SOURCE: Nordstrom, Inc.

New partnership brings Holland & Barrett health and wellbeing products in Tesco stores across the UK

CHESHUNT, England, 2016-Jul-27 — /EPR Retail News/ — Tesco and Holland & Barrett have today announced an exciting new partnership to introduce a health and wellbeing ‘store in store’ format in a number of Tesco stores across the UK.

The new partnership follows Tesco’s successful introduction of several Arcadia sites in its larger stores last year which showed that shoppers find it more helpful to combine shopping at Tesco with other well-known brands. Both businesses are keen to learn how the new proposition and format will be received by customers, but are confident the brands and propositions will work successfully alongside each other in store.  The first Holland and Barrett store opened in the Dudley Tesco Extra on Monday 25th July, with a number of further concessions set to be introduced over the summer.

Holland & Barrett’s sales areas will include a range of popular brands from the specialist health and wellness retailer, including Bootea, snail gel and its best-selling coconut-based products.  The new format will be integrated within Tesco’s store sales floors, enabling Tesco customers to shop across some 3000 product lines from Holland & Barrett’s health, food, beauty and sports ranges. Customers will also be able to access Holland & Barrett’s popular natural beauty section showcasing the brand’s ethical and natural beauty products, its natural Tea Bar and its Pick n Mix station for healthy snacking.

Holland & Barrett staff in the trial stores will be trained in the same way as all Holland & Barrett staff in the company’s ‘Qualified to Advise’ standards, the equivalent of an A-level in nutrition, and will be able to answer and advise on a range of customer queries from sports nutrition through to pregnancy supplementation.

Matt Davies, Tesco UK and ROI CEO said:
“We’re always looking at new ways our stores can best serve the needs of our customers, so we’re excited to be embarking on this partnership with such a recognized and trusted brand as Holland and Barrett. The new concessions will provide an exciting new offer for our customers that will complement our Tesco stores.”

Commenting on the trial, Holland & Barrett CEO Peter Aldis said:
“This pilot is a fantastic opportunity to demonstrate the value of a partnership between two trusted and complementary brands in retail and we are excited to be exploring with Tesco how their customers respond to this innovative in-store concept.

“We know that Tesco’s customers are diverse, like ours, but one thing that they have in common is that they want access to a wide range of health and wellbeing products without having to take too much time out of their busy routines to source them. We hope that this pilot will help them to achieve this as we continue our mission to bring health and wellbeing to high streets across the UK.”

We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

For more information please contact the Tesco Press Office on
01707 918 701

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New partnership brings Holland & Barrett health and wellbeing products in Tesco stores across the UK
New partnership brings Holland & Barrett health and wellbeing products in Tesco stores across the UK

 

Source: Tesco