BESTSELLER brands VERO MODA and JACK & JONES team up with Danish athletes to design the official wardrobe for the Danish team going to Rio

BRANDE, Denmark, 2016-Jul-13 — /EPR Retail News/ —‘We are red, we are white, we are Danish dynamite…’ This was the anthem of the renowned Danish 80’s football team. In 2016, Denmark has no football team at the Euros, so the Danes are eager to be #allforrio and support the Danish athletes going to the Olympic Games this summer.

TEES, POLOS AND MORE
On July 18, the Danes will be able to put action behind their support of the Danish athletes and buy selected items from the official Danish Olympic collection by JACK & JONES and VERO MODA. The selection available to the Danish fans includes cool t-shirts with catchy statements and Danish colours along with classic polo shirts and a few dresses, shorts and sweatshirts.

EXCLUSIVE STYLES
The Olympic styles are exact replicas of the ones designed and used by the Danish athletes, and can be bought exclusively at bestseller.com/olympic. A selection of the menswear styles will also be available in JACK & JONES stores across Denmark as of 18 July.

ABOUT THE OLYMPIC COLLECTION
BESTSELLER brands VERO MODA and JACK & JONES have teamed up with a number of Danish athletes to design the official wardrobe for the Danish team going to the Olympic Games in Rio this summer. The collection contains everything from official opening ceremony wear to formal reception wear, medal suits, casual wear and, of course, red and white Denmark wear.

Read more about BESTSELLER’s Olympic collaboration and shop selected Danish Olympic styles at bestseller.com/olympic.

Contact:

CORPORATE COMMUNICATION GENERAL CONTACT

Phone: +45 99 42 16 62
E-mail: communications@bestseller.com

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BESTSELLER brands VERO MODA and JACK & JONES team up with Danish athletes to design the official wardrobe for the Danish team going to Rio

BESTSELLER brands VERO MODA and JACK & JONES team up with Danish athletes to design the official wardrobe for the Danish team going to Rio

 

Source: Bestsellers

Philippines: 1,300 retail outlets will be merged into SM Retail in exchange for shares of stock in SM Retail’s expanded net assets

Pasay City, Philippines, 2016-Jul-13 — /EPR Retail News/ — SM Investments reported today that the company has obtained the approval of the Securities and Exchange Commission for the merger of Sy family-owned specialty stores into SM Retail Inc. Under the terms of the deal, over 1,300 retail outlets will be folded into SM Retail in exchange for shares of stock in SM Retail’s expanded net assets.

To be merged with SM Retail’s food and department stores are a wide ranging portfolio of leading local brands such as Ace Hardware, Watsons, Toy Kingdom, SM Appliances, Our Home, Baby Company, Kultura, Sports Central, Pet Express and other specialty retailers.

The merger is seen to be both value and earnings accretive given the stores’ competitive position, synergies with SM Supermalls and strong growth potential.

Macquarie Capital was the appointed advisor of SM Investments for the merger.

About SM Investments Corporation
SM Investments Corporation, founded by entrepreneur Henry Sy, Sr., is one of the country’s largest publicly listed companies with a sustainable group of businesses that thrives on synergies of its banking, property and retail operations. SM has grown into one of the most highly respected companies in the country owing to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.

SM’s retail operations enjoy a strong brand franchise consisting of non-food under THE SM STORE and food under SM Markets comprising of SM Supermarket, SM Hypermarket, and Savemore and other food retail stores under Waltermart and Alfamart. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest bank and China Banking Corporation (China Bank), the seventh largest bank

For more about SM, click here: www.sminvestments.com

For further information, please contact:

Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
E-mail: cora.guidote@sminvestments.com
Tel. No. (632) 857-0117

Source: SM

Philippines: SM Prime Holdings sets the interest rate for its Php10.0 billion 10-year retail bonds at 4.2005% p.a.

Pasay City, Philippines, 2016-Jul-13 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% p.a. SM Prime will issue an aggregate principal amount of Php 10.0 billion of the Series F bonds, which will be offered to investors through underwriters from July 13 to 19, 2016. The retail bonds will be issued on July 26, 2016. According to the underwriters, SM Prime received a strong demand for the retail bonds.

The SM Prime bonds have been rated PRS Aaa by Philippine Rating Services Corporation (PhilRatings), the highest rating assigned by PhilRatings. Obligations rated PRS Aaa are of the highest quality with minimal credit risk, and denotes that the Issuer’s repayment capacity is extremely strong. This series of SM Prime bonds is the third offering of Peso-denominated retail bonds to the public.

“The retail bond to be issued will sustain SM Prime’s development roadmap, which is geared towards provincial expansions mostly allotted on malls and offices developments. We remain optimistic on the huge growth potential in the provinces where large areas remain unserved.” SM Prime President Hans T. Sy said.

The SM Prime bonds’ joint issue managers, joint lead underwriters and joint book runners are BDO Capital & Investment Corporation, BPI Capital Corporation, China Bank Capital Corporation and First Metro Investment Corporation. East West Banking Corporation, PNB Capital and Investment Corporation and United Coconut Planters Bank are participating underwriters for the bond issue.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.

For further information, please contact: 
Alexander Pomento 
Vice President, Investor Relations
SM Prime Holdings, Inc.
E-mail: alex.pomento@smprime.com
Tel. no.: +632 862 7940

Source: SM

DeCA: 700 military children each received $2,000 scholarship thanks to the 2016 Scholarships for Military Children program

FORT LEE, Va., 2016-Jul-13 — /EPR Retail News/ — Seven hundred students from military families each received a $2,000 scholarship this year thanks to the 2016 Scholarships for Military Children program.

The program, created in 2001, recognizes the contributions of military families to the readiness of the fighting force and celebrates the commissary’s role in enhancing military quality of life. It’s administered by Fisher House Foundation, a nonprofit organization that provides assistance to service members and their families.

“With a 13 percent increase in applications this year, the program was even more selective than in the past,” said Fisher House Foundation Vice President Jim Weiskopf. “In addition to recognizing the scholastic achievements of the 700 recipients, we owe special appreciation to the Defense Commissary Agency business partners whose donations each year make the scholarship program possible,” he added.

No government funds are used to support the program. DeCA’s industry partners — vendors, manufacturers, brokers, suppliers — and the general public donate money to fund the program, and every dollar donated goes directly to funding the scholarships. The contributions go to Fisher House Foundation Inc., which treats each as a “restricted donation.” The foundation in turn contracts with Scholarship Managers, a professional scholarship management firm, to evaluate the applications and select the best qualified as awardees. In all there were 4,513 qualified applicants this time around.

“I’m always impressed with the creativity and dedication to the pursuit of scholastic excellence shown by these students,” said Michael J. Dowling, DeCA deputy director and COO. “These scholarships are a wonderful way to give back to the military communities we serve by investing in the futures of these brilliant children.

“Our stores are honored to host awards ceremonies for the students who’ve earned a scholarship,” Dowling added, “and it’s important that we also recognize the support of the many folks — our industry partners and Fisher House Foundation — for making the scholarship program possible.”

“The competition among applicants was keen,” said Weiskopf. “We are recognizing the best of the best.”

One student selected for a scholarship is definitely going places. Megan Stith of Chester, Virginia, said she will be attending school at Queens University Belfast, in Northern Ireland. Her father, Richard, retired from the Army as a chief warrant officer 3 after 24 years of service in 2014.

“I chose to apply there because it is sort of like home base for me,” said Stith. “I have friends and family there, because that is where my mother is from, and for me it is a place that I feel grounded. With the help of this generous scholarship, I will be able to continue my international education whilst minimizing my student debt. It is encouraging to know that I have the support of the military community.”

The number of scholarship awards each year is based on funds available, but the program awards at least $2,000 at each military commissary. If there are no eligible applicants from a given commissary, the funds designated for that commissary are awarded as an additional scholarship at a different store.

The list of this year’s winners is posted at MilitaryScholar.org.

Planning for next year’s program begins soon, and the announcement of open dates to apply is usually made in the fall.

Note: For photos, go to DeCA’s Flickr page.

About DeCA:
The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5-percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

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Source: Commissary

The new Prada boutique at Plaza 66 in Shanghai reopens

Shanghai, China, 2016-Jul-13 — /EPR Retail News/ — Fashion is an experience in intimacy. The relationship between garment and the body creates a personal narrative informed by texture and color, contrast and complement. Garments toy with perception –who we are, who we will be –realized in the way we dress. The new Prada boutique at Plaza 66 in Shanghai, comprising three levels of luxurious salons, embraces the intimate customer experience.

In pursuit of this intensely personal experience, the entirety of the long-established Prada store has been reimagined. The external façade, overlooking Shanxi Road to the right of the Plaza 66 entrance, pays homage to Franco-Venezuelan artist Carlos Cruz-Diez*. The effect is at once playful and majestic: a striking kinetic art piece that appears to move with the viewer. Inside, a black marble façade unifies the three tiers of the store. Large windows reveal the interior, providing passers-by with a glimpse of the luxurious ambience: velvet, marble, Perspex, glass. Here Prada reconsiders the domestic environment in a retail setting, inviting visitors into a space where comfort is paramount.

The Prada boutique at Plaza 66 is one of the most important touch-points for the Prada brand. The intense design, detailing, and materiality reflect Prada’s century long commitment to craftsmanship and luxury since Mario Prada founded his first shop in Milan in 1913. That this emerging retail typology of highly crafted intimacy finds its fullest expression in Shanghai is an index both of the importance that the brand places on its Chinese customers and the growing sophistication of the luxury consumer. Prada’s focus continues, as it always has, on customer service and the experience,surprise and delight possible in an intimate retail environment.

*PRADA PAYS TRIBUTE TO THE ART OF CARLOS CRUZ-DIEZ
Prada wishes to express its admiration for French-Venezuelan artist Carlos Cruz-Diez, one of the leaders of the kinetic art movement, an innovative form of dynamic expression with a strong visual impact. Having always greatly appreciated Carlos Cruz-Diez and his contribution to this artistic genre, Prada wishes to publicly pay homage to his artwork, which served as a starting point for the design of the façade of the Prada boutique located in Shanghai, Plaza 66.

The Rooms
Enter the first level into the main room: the space is framed by Prada’s signature round-edged windows, the floor glistens with black and white chequered tiles. The original Milan Galleria store is reflected in tall vitrines and beamed ceilings in the familiar Prada“Encausto Verde”. The three retail floors are linked by an elegant staircase featuring narrow vertical bands of green and white marble, engaging with a modern retelling of renaissance materials and designs. Green marble doorways and thresholds lead in a series of dedicated salons. Each salon’s ceiling is unique, different heights and shapes individualize the experience, each new room a journey.

The Red Salon
The red salon pays tribute to China with walls of floral jacquard and velvet-lined niches for luxury leather goods and the most precious articles. The salon is small, drawing visitors to engage in a unique moment with each piece.

The Green Salon
The green salon engages with the Prada green in an intimate space: deep green panelling and green marbleshelves display women’s leather goods and small leather articles.

The Circular Salon
The circular salon draws intimacy from its shape.New green velvet Osvaldo Borsani chairs and sofas –exclusive edition for Prada -draw visitors to sit and enjoy the space. Green marble surrounds the footwear display niches, complemented by scored-metal back panels, reflecting light back into the space.

Level 2
The second level embodies the intimacy of the store, a space at once feminine and private. A space with a secret. The black and white floor of the salons downstairs is reprised in large carpets of different shapes, incorporating softness into the rooms. The walls are a textural adventure, lined with different patterns of green-shaded velvet in silk and mohair.The first room is dedicated to the clothing collections, as well as select leather goods and the Made-to-Order service. The central room –a sitting area with more Borsani chairs and a large geometric rug –highlights footwear. The connecting corridors contain videos and special products in marble display cases and at the end a small oval room. Lined with velvet curtains and featuring mustard yellow velvet seating in the middle, this VIP chamber is a spatial embodiment of femininity and softness, complemented by smooth, curving lines.

Level 3
The final level holds the men’s collections. Beamed ceilings and black and white floors recall the lower levels. Grey Encausto walls, Bardigliomarble shelving, green lounges and accessories all contribute to the masculine look of the space, which contains menswear, leather goods, and travel collections. The footwear room features a red velvet seating suite, a seductive contrast to the other cool tones. In the clothing collection rooms, wood and velvet seating completes the furnishing, while narrow ebony floorboards sit under colourful geometric carpets. Paired with the air force-blue velvet walls, the room is playful in its intimacy, inviting guests to touch, to sit, and to engage with the pieces around them.

For further information: 
Prada Press Office
Ph. +39.02.541921
e-mail: ufficio.stampa@prada.com

Source: Prada Group

Russian food retailer O’KEY Group S.A. announces the appointment of commercial directors

Moscow, 2016-Jul-13 — /EPR Retail News/ — O’KEY Group S.A. (LSE: OKEY), one of the largest food retailers in Russia, announces the appointment of commercial directors responsible for purchasing of food and non-food products for hypermarkets and supermarkets.

In April 2016, the Group established three divisions responsible for implementation of commercial policies in the areas of: (1) Products with long shelf life, including drinks and alcohol; (2) Products with short shelf life and “Fresh” products; (3) Non-food products. Each division is headed by commercial director overseeing assortment, turnover and profitability of these categories and reporting to Mr. Heigo Kera, the CEO of the Group.

Alla Sinko manages purchasing of the products with long shelf life, drinks and alcohol. As a commercial director with expanded responsibilities, she is also responsible for control of the commercial margin of the Company, development of private labels and other areas.

Oxana Shuliko manages the purchasing of short shelf life products and “Fresh” products. She is also in charge of the own production of the Group: bakery and culinary.

Maxim Platonov appointed as commercial director of non-food division is in charge of the assortment of non-food products, including products for kids and shoes & clothes for adults.

Mr. Hego Kera, Chairman and CEO of the Group, commented,

“We have completed the build-up of our commercial team under a new structure. As I had commented previously, the rationale behind the organisational changes is to increase the focus on specific categories and their profitability, to offer assortment that our customers need and generate higher sales. Given the changes to the Retail Law, it is equally important for us to build partner relations with producers and suppliers during the autumn negotiating campaign and to ensure reliable supplies and attractive price offerings before and after 01 January 2017.”

All of the newly appointed directors know O’KEY well having served in various roles in commercial and operations departments,

Biographies
Alla Sinko joined the Group from Kesko FoodRus where she has worked for four years as commercial director. She started working at O’KEY in 2005 as a category manager and was later promoted to head of purchasing for North-West region. In 2010, she was appointed as operations director for supermarkets. Alla graduated from the Saint-Petersburg University of Economics and Finance with a degree in economics.

Oxana Shuliko joined O’KEY from Lenta where she worked as director for products with short shelf life for six years. Prior to joining Lenta, she worked at X5 Retail Group. She started her career at O’KEY in 2001, at the founding of the Company and served as a category manager, launched sales of culinary products before being promoted to head of products with short shelf life and fresh products. Oxana graduated from the Saint-Petersburg State Electrotechnic University.

Maxim Platonov joined O’KEY from Intertorg where he was responsible for hypermarkets operating under the SPAR brand. In 2001 – 2010 he worked at O’KEY as head of assortment in the purchasing department in Saint-Petersburg, assortment director and director for purchasing of non-food products. Maxim graduated from the Saint-Petersburg University of Economics and Finance with a degree in management.

COMPANY OVERVIEW
O’KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket under the “O’KEY” brand reinforced by O’KEY supermarket. The Group is developing the innovative discounter format under the “DA!” brand. O’KEY is the first among Russian food retailers to launch e-commerce operations in St. Petersburg and Moscow based on hypermarket assortment.

The Group opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As of 11 July 2016, O’KEY operates 157 stores across Russia: 71 hypermarkets, 37 supermarkets and 49 discounters.

Disclaimer
These materials contain statements about future events and expectations that are forward-looking statements. These statements typically contain words such as “expects” and “anticipates” and words of similar import. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this announcement should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in this announcement. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

For further information please contact:
Nikolai Minashin
Head of Investor Relations
Phone: +7(495)663-6677, ext. 127
Mobile: + 7 985 180 31 07
e-mail: Nikolay.Minashin@okmarket.ru www.okeyinvestors.ru

Source: O’KEY

Russian retail chain Lenta sees its Fitch Ratings upgraded

St. Petersburg, Russia, 2016-Jul-13 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA), one of the largest retail chains in Russia, today announced that the Fitch Ratings has upgraded its Long-term foreign and local currency Issuer Default Ratings (IDRs) from ‘BB-’ to ‘BB’ and its National Long-term rating from ‘AA-(rus)’ to ‘A+(rus)’. The outlook on the ratings is stable.

The upgrade of Lenta ratings to ‘BB’ reflects the Company’s proven execution of its sales growth strategy while maintaining strong profitability.

Fitch’s expectation that Lenta will be able to further strengthen its market position and increase the scale of its business over the medium term, while keeping conservative
credit metrics consistent with higher ratings.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 147 hypermarkets in 72 cities across Russia and 42 supermarkets in Moscow and St. Petersburg, with a total of approximately 922,865 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,000 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates six owned hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 38,414 people as of 31 December 2015.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97
E-mail: a.kuznetsova@lenta.com

Citigate 
International Media:
David Westover and Marina Zakharova
Тel: +44 207 282 2886
E-mail: lentateam@citigatedr.co.uk

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

Source: Lenta

Health and Beauty brand owner and retailer The Hut Group acquired Hale Country Club & Spa in Cheshire

Northwich, United Kingdom, 2016-Jul-13 — /EPR Retail News/ — The Hut Group, Europe’s fastest growing online Health and Beauty brand owner and retailer, has acquired Hale Country Club & Spa in Cheshire. Operating across 50,000 sq. ft., Hale Country Club provides its 5,000+ members with best-in-class fitness, leisure, spa and beauty facilities.

The acquisition of Hale Country Club is a continuation of The Hut Group’s commitment to substantial investment in infrastructure to support the growth and durability of its core online Health and Beauty businesses. Similar recent investments by the Group include: the £120 million design, build and acquisition of a one million sq. ft. distribution centre; and £10 million invested during 2015 into the Group’s sports nutrition and weight management production centre.

The Hut Group will continue to expand Hale Country Club’s industry-leading health and beauty facilities for the benefit of the membership and the Group’s key brands, Myprotein and Lookfantastic.

Myprotein is the world’s largest online sports nutrition brand and, in re-branding the gym facility to Myprotein, Hale Country Club will become the focal point for the brand’s 200+ ambassadors. With a social media following of over two million, Myprotein’s ambassadors are elite athletes drawn from over 30 different sports and 30 different countries. Recent members to join #TEAMMYP include: Danny Willett, Masters Golf Champion 2016; Max Whitlock, the gymnastics World, European, Commonwealth and British champion and Olympic medallist; and Michael Bisping, the UFC Middleweight Champion of the World.

Retailing over 800 prestige brands, The Hut Group is the world’s second largest online beauty retailer. Members of Hale Country Club will now have access to this broader prestige brand offering as more brands are retailed within its spa, wellness pool, thermal suite and treatment facilities. Hale Country Club will be a focal point for the 90+ Look fantastic beauty ambassadors who, with a social media reach of 15 million, support The Hut Group’s commitment to prestige brands, product innovation and unrivalled infrastructure.

The Hut Group recently announced record results for 2015 with sales +35% to £334m (2014: £248m), EBITDA up +33% to £30m and £42.2m of cash generated from operating activities (2014: £38.2m). The Hut Group had a 2015 year-end cash position of £141.5m (2014: £54.6m), providing it with significant resources for further strategic initiatives.

Group Chief Executive Officer and founder, Matthew Moulding, commented: “As we continue to build enduring and scalable brands we are committed to investing in the infrastructure which supports our core online Health and Beauty businesses. This acquisition is a continuation of our investment strategy, with Hale Country Club & Spa’s unrivalled facilities providing a step-change in Myprotein and Lookfantastic.”

Media Enquiries:
media-enquiries@thehutgroup.com

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Health and Beauty brand owner and retailer The Hut Group acquired Hale Country Club & Spa in Cheshire
Health and Beauty brand owner and retailer The Hut Group acquired Hale Country Club & Spa in Cheshire

 

Source:  The Hut Group

Cencosud S.A. filed a prospectus for a registered public secondary offering for 5% of its total outstanding common stock

Santiago, Chile, 2016-Jul-13 — /EPR Retail News/ — Cencosud S.A. (NYSE: CNCO, BCS: Cencosud) (“Cencosud” or the “Company”) announced today that it has filed a prospectus for a registered public secondary offering of 142,126,044 shares of its common stock, representing 5% of Cencosud total outstanding common stock, including in the form of American Depositary Shares (“ADSs”). The shares will be sold by Inversiones Tano Limitada (the “Selling Shareholder”) in the United States and elsewhere outside of Chile in the form of ADSs (the “International Offering”) and in Chile in the form of common stock (the “Chilean Offering” and, together with the International Offering, the “Global Offering”), subject to market and other conditions. J.P. Morgan Securities LLC and Credicorp Capital S.A. Corredores de Bolsa are acting as global coordinators in the Global Offering, with J.P. Morgan Securities LLC acting as sole book-running manager in the International Offering and Credicorp Capital S.A. Corredores de Bolsa, and J.P. Morgan Corredores de Bolsa SpA acting as Chilean placement agents in the Chilean Offering. The Selling Shareholder is controlled by the Paulmann Family, who will continue to be the controlling shareholders of Cencosud following the Global Offering.

Cencosud will not receive any of the proceeds from the sale by the Selling Shareholder of the shares of common stock in the Global Offering.

The Global Offering will be priced by means of the sale of the shares by the Selling Shareholder in one block through a book auction on the Santiago Stock Exchange in a process known as Subasta de Libro de Órdenes, in compliance with Chilean law and the rules of the Santiago Stock Exchange. The price and allocations resulting from the auction are expected to be announced before trading of Cencosud shares and ADSs commences in Santiago and New York, respectively, on or around July 15, 2016.

The shares of common stock are being offered pursuant to an effective registration statement that was filed with the U.S. Securities and Exchange Commission on July 11, 2016. Any offer, solicitation or sale will be made only by means of the prospectus included in that registration statement. Before you invest, 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. You may get these documents by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company or any dealer participating in the offering will arrange to send you the accompanying prospectus supplement if you request it by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Phone: 631-254-1735.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or 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 jurisdiction.

About Cencosud

S.A. Cencosud is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The Company operates in supermarkets, home improvement stores, shopping centers and department stores. In 2012, the company listed American Depositary Receipts on the New York Stock Exchange.

Investor Relations Contact:

Marisol Fernández
Mariasoledad.fernandez@cencosud.cl
+562 2959 0545

Natalia Nacif
Natalia.nacif@cencosud.cl
+562 2959 0368

Valentina Klein
Valentina.klein@cencosud.cl
+562 2200 4395

Source:  Cencosud

Insomniac Games’ new underwater exploration game Song of the Deep launches

GRAPEVINE, TX, 2016-Jul-13 — /EPR Retail News/ — A gorgeous underwater world, a mysterious disappearance, and a girl who’ll stop at nothing to find her father — that’s just the beginning of Insomniac Games’ new underwater exploration game, Song of the Deep, which launches today for PlayStation 4, Xbox One and PC. Combining discovery, skill, and suspense with a touching narrative, this journey will challenge players to explore, experiment, and skillfully navigate an aquatic world filled with secrets. Song of the Deep is the first game published under GameTrust, GameStop’s independent game publishing division announced in April.

“Song of the Deep is a passion project for us. The story was partially inspired by the daughter of our chief creative officer and delivers a timeless, yet important, message that no matter who you are, you can overcome overwhelming obstacles and succeed,” said Ted Price, founder/CEO, Insomniac Games. “Working with GameStop as their first GameTrust partner allowed us to bring Song of the Deep to life. We’re excited to have GameStop’s full support to ensure gamers get to experience this intriguing adventure.”

“GameTrust believes in supporting great game craftsmanship around the world, and our partnership with Insomniac Games is a result of that vision,” said Mark Stanley, Vice President, Internal Development and Diversification, GameStop. “The story and message of Song of the Deep resonates with us and we believe gamers will agree.”

The game is set in a gorgeous underwater world where players navigate lost civilizations and ruins among treacherous terrain and monsters of the deep. Players take on the role of the unlikely heroine, Merryn, in her quest to find her father with nothing but a rickety submarine and a lot of heart. Song of the Deep delivers unique game play in a tale of love, heartbreak and triumph.

The game is accompanied by a series of books sold separately that were created by Brian Hastings, Chief Creative Officer of Insomniac Games. The books delve deeper into the story of 12 year-old Merryn and her voyage to rescue her father. Song of the Deep is available starting today in hardcover. Two additional books related to this IP will follow: The Art of Making Song of the Deep and Merryn’s Journey, which will both release later this year. The books will be available in Barnes & Nobles, GameStop and other bookstores, as well as online.

The physical version of Song of the Deep is available exclusively at all U.S. GameStop stores and EB Games in Canada, and the full-game download is available globally in stores and online at all GameStop, EB Games and Micromania video game retail channels, PlayStation Network, Xbox Live and Steam for$14.99. There is also a Collector’s Edition for $29.99. The game will be available in GameStop stores across Europe, Australia, and New Zealand on July 19th, and at major retailers across Latin America on this same date. To view the recently released launch trailer, visit https://www.youtube.com/watch?v=rw5uGVz3-d4.

ABOUT INSOMNIAC GAMES

Burbank and Durham-based Insomniac Games is an independent videogames developer that has released award-winning hits for game consoles for 20-plus years. Insomniac has created world-famous game franchises such as Spyro the Dragon, Ratchet & Clank, Resistance, and Sunset Overdrive resulting in more than 44 million games sold globally. Insomniac is also known for its collaborative workplace culture, having earned 17 local, regional and national “best places to work” honors since 2004. Additional information on Insomniac Games can be found at http://www.insomniacgames.com.

ABOUT GAMETRUST

GameTrust is a new venture by GameStop built around the company’s unique position and experience in working closely with game developers and publishers to deliver new gaming experiences and exclusive content to gaming fans of all ages. GameTrust believes in great game craftsmanship and providing independent developers with a trusted platform for the long-term success of their studio and game. As a division of GameStop, GameTrust’s collaborative planning approach delivers greater discoverability, by leveraging leading-edge physical and digital ecosystems, backed by the reach of the world’s leading video game retailer. For more information, visit gametrustgames.com.

ABOUT GAMESTOP

GameStop Corp. (NYSE: GME), a Fortune 500 company headquartered in Grapevine, Texas, is a global, omnichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 7,000 stores across 14 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. In addition, our Technology Brands segment includes Simply Mac and Spring Mobile stores. Simply Mac, www.simplymac.com, operates 76 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, www.springmobile.com, sells all of AT&T’s products and services, including DirecTV through its 908 AT&T branded stores and offers pre-paid wireless services, devices and related accessories through its 70 Cricket branded stores in select markets in the U.S.

General information about GameStop Corp. can be obtained at the company’s corporate website. Follow GameStop on Twitter at www.twitter.com/GameStop and find GameStop on Facebook at www.facebook.com/GameStop.

PRESS CONTACTS:

Sean Maggard
Zebra Partners
sean@zebrapartners.net
214-267-9001

Kyle Stephenson
GameStop
kylestephenson@gamestop.com
817-722-7735

Source: GameStop Corporation

GameStop collected $760,000 in donations as part of its 4th annual in-store donation campaign benefitting St. Jude Children’s Research Hospital

GRAPEVINE, TX, 2016-Jul-13 — /EPR Retail News/ — GameStop, a family of specialty retail brands that makes the most popular technologies affordable and simple, announced today that it collected more than $760,000 in donations as part of its fourth annual in-store donation campaign benefitting St. Jude Children’s Research Hospital. The proceeds collected help advance research and treatment of childhood cancer.

During the month of June, GameStop, along with its ThinkGeek, Kongregate and Game Informer brands, invited customers and associates to donate to this important cause through an in-store and online donation campaign.

“Our customers and associates continue to show their giving spirit through the generous donations they made to help the children of St. Jude,” said Matt Hodges, vice president of Public and Investor Relations. “On behalf of everyone at St. Jude, we would like to thank our customers for donating and supporting this year’s campaign. Every penny we raised will go toward helping kids fight cancer.”

Since first partnering with St. Jude in 2013, the company has helped raise more than $5 million thanks to the donations and support of its customers and associates. These funds ensure that no family ever receives a bill from St. Jude for treatment, travel, housing or food — because all a family should worry about is helping their child live.

ThinkGeek limited-edition St. Jude superhero T-shirt still available

To continue its support of the kids of St. Jude, ThinkGeek is extending the sale of the exclusive St. Jude superhero T-shirt available only at www.thinkgeek.com. From now until the end of July, geek fans of all ages can help St. Jude fight childhood cancer by purchasing the limited-edition T-shirt, and show their friends who the real superheroes are in our world — St. Jude kids. Available in adult and children sizes, the T-shirt sells for $19.99. ThinkGeek will donate $12.00 for every T-shirt purchased to St. Jude Children’s Research Hospital.

About St. Jude Children’s Research Hospital
St. Jude Children’s Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to 80 percent since the hospital opened more than 50 years ago. St. Jude is working to drive the overall survival rate for childhood cancer to 90 percent, and we won’t stop until no child dies from cancer. St. Jude freely shares the discoveries it makes, and every child saved at St. Jude means doctors and scientists worldwide can use that knowledge to save thousands more children. Families never receive a bill from St. Jude for treatment, travel, housing or food — because all a family should worry about is helping their child live. Join the St. Jude mission by visiting stjude.org, liking St. Jude on Facebook (facebook.com/stjude) and following us on Twitter (@stjude).

About GameStop Corp.
GameStop Corp. (NYSE: GME), a Fortune 500 company headquartered in Grapevine, Texas, is a global, omnichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 7,000 stores across 14 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. In addition, our Technology Brands segment includes Simply Mac and Spring Mobile stores. Simply Mac, www.simplymac.com, operates 76 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, www.springmobile.com, sells all of AT&T’s products and services, including DirecTV through its 908 AT&T branded stores and offers pre-paid wireless services, devices and related accessories through its 70 Cricket branded stores in select markets in the U.S.

General information about GameStop Corp. can be obtained at the company’s corporate website. Follow GameStop on Twitter at www.twitter.com/GameStop and find GameStop on Facebook at www.facebook.com/GameStop.

Media Contact:

Martha Martinez-Sotelo
(817) 722-7950
MarthaMartinez-Sotelo@gamestop.com

Source: GameStop Corporation

Foyles: “Aubrey and the Terrible Yoot” book wins Branford Boase Award at a ceremony at Walker Books in London

London, 2016-Jul-13 — /EPR Retail News/ — This year’s Branford Boase Award has been won by Horatio Clare and his editor Penny Thomas, for Aubrey and the Terrible Yoot. Julia Eccleshare, Chair of the judges, praised the book as ‘beautifully written and highly original’.

On winning the award Horatio Clare said: ‘This is the book I am most proud of: it was written with heart and soul about something painful and important, but meant to read as a joy and an adventure.’

Penny Thomas said, ‘I’m overjoyed for Horatio and for Firefly that the Branford Boase judges loved Aubrey too. It means an enormous amount to all of us at Firefly to win this unique award.’ Firefly Press is an independent children’s publisher, based in Cardiff and Aberystwyth.

The winners were announced last Thursday, 7 July, at a ceremony at Walker Books in London, where Chris Riddell presented the prizes. Horatio Clare was awarded a cheque for £1,000 and both Horatio and Penny Thomas received a unique, hand-crafted silver-inlaid box.

Please contact our James Douglas at our PR agency Four Colman Getty for media enquiries concerning Foyles:

+44 (0) 20 3697 4267
James.Douglas@fourcolmangetty.com

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Foyles: "Aubrey and the Terrible Yoot" book wins Branford Boase Award at a ceremony at Walker Books in London
Foyles: “Aubrey and the Terrible Yoot” book wins Branford Boase Award at a ceremony at Walker Books in London

Source: Foyles

 

Week two of the Get Pop-Cultured with Barnes & Noble celebration includes tokidoki, Pokémon and Manga

New York, NY , 2016-Jul-13 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, today announced that week two of the Get Pop-Cultured with Barnes & Noble (www.bn.com/getpop-cultured) celebration will feature events and promotions highlighting some of the leading properties in pop culture today, including tokidoki, Pokémon and Manga.

Pokémon: Saturday, July 16, at 4PM
Customers are invited to their local Barnes & Noble store on Saturday, July 16, at 4PM, to learn how to become a Pokémon Champion, take a photo with a Pikachu and Charizard standee, enjoy a special offer and more as Barnes & Noble celebrates 20 years of Pokémon at stores nationwide.

The highlight of the event will be a special demonstration of the popular Pokémon trading card game. The event will kick off a special offer at all Barnes & Noble stores nationwide that will run through July 29, in which a special promotional bonus code will print out on customers’ receipts with the purchase of any Pokémon Trading Card product with a value of $11.95 or more. The promo code can be used to unlock two rare Pokémon (Charizard-EX and Jirachi) that can be used on the Pokémon Trading Card Game online.

tokidoki back-to-school and stationery lines to be debuted exclusively at Barnes & Noble stores on July 16
On July 16, Barnes & Noble will be exclusively debuting never-before-seen tokidoki coloring books and launching tokidoki back-to-school and stationery lines at stores nationwide. tokidoki has built a worldwide following with its larger-than-life characters and designs. All Barnes & Noble stores will feature a table with tokidoki stationery and back-to-school items, including a backpack, messenger bag, duffle bag, keyring, coloring books, sketchbook, notebook, pencil case, and much more. To celebrate the arrival of tokidoki, Barnes & Noble will be giving away free limited-edition character trading cards and buttons in stores nationwide on July 16, while supplies last.

Manga: Saturday, July 16, at 7PM
Fans of Manga can visit their local Barnes & Noble store and browse its extensive selection of Manga, enjoy drawing and coloring activities featuring the art of renowned Manga artist Camilla d’Errico, and participate in activities, cosplay and giveaways on Saturday, July 16, at 7PM.

Plus, Manga fans can receive a very special offer of buy 2 get the 3rd free on all Manga at Barnes & Noble stores nationwide, which is available now through July 19.*

The robust giveaway offering at the event will include an Attack on Titan Anthology sampler, a VIZ Media 2016 Manga sampler, posters and postcards featuring popular Manga characters such as Chi, Hope and Red, Hatsune and Overlord, and tokidoki limited-edition character trading cards and buttons, plus so much more, available while supplies last.

Customers should stay tuned for upcoming Get Pop-Cultured announcements and visit their local Barnes & Noble store or go online at www.bn.com/getpop-cultured for more information. They are encouraged to post pictures of themselves having fun at Get Pop-Cultured events to their social media channels using the hashtag, #GetPopCultured.

* Of equal or lesser value. eBooks not included. While supplies last.

About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS) is a Fortune 500 company, the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products.  The Company operates 640 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com).  The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4 million digital books in the US (www.nook.com), plus periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website at www.barnesandnobleinc.com.

Barnes & Noble®, Barnes & Noble Booksellers®, and Barnes & Noble.com® are trademarks of Barnes & Noble, Inc. or its affiliates. NOOK® and the NOOK logos are trademarks of Nook Digital, LLC or its affiliates.

For more information on Barnes & Noble, follow us on Twitter, Instagram and Tumblr, and like us on Facebook. For more information on NOOK, follow us on Twitter and like us on Facebook.

CONTACTS:
Mary Ellen Keating
Senior Vice President
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Alan McNamara
Director
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3379
amcnamara@bn.com

Source: Barnes & Noble, Inc.

Jackie Ledwich appointed Food Services Development Manager Motor Fuel Group

Hertfordshire, England, 2016-Jul-13 — /EPR Retail News/ — Top 50 Indies forecourt operator, Motor Fuel Group (MFG) is pleased to announce the appointment of Jackie Ledwich as its new food services development manager.

Jackie joins us from the Kout Food Group where she was responsible for rolling out the Little Chef, Subway and Burger King brands across 30 of their roadside restaurants.

Richard Baker, MFG’s retail director said: “This is a key appointment for the organisation in expanding the choice and quality of our food to go offering to customers. In her role Jackie will be responsible for both identifying the best brands and ensuring they are implemented in our stations to the highest standards.”

Contact:

Address:Motor Fuel Limited
Building 2
Abbey View
Everard Close
St Albans
Hertfordshire
AL1 2QU

Phone:+44 (0) 1727 898 890
Fax:+44 (0) 1727 852 318
Email:info@motorfuelgroup.com

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Jackie Ledwich appointed Food Services Development Manager Motor Fuel Group
Jackie Ledwich appointed Food Services Development Manager Motor Fuel Group

 

Source: Motor Fuel Group

eBay to acquire Israel-based SalesPredict that uses advanced analytics to predict customer buying behavior and sales conversion

San Jose, California, 2016-Jul-13 — /EPR Retail News/ — Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay’s latest acquisition that will support its artificial intelligence, machine learning and data science efforts.  It follows eBay’s recent acquisition of Expertmaker, in order to further bolster our structured data efforts.  Financial terms of the deal were not disclosed.

Upon the close of the transaction, a number of SalesPredict’s employees will join eBay’s structured data organization, working from eBay’s Israeli Development Center in Netanya. SalesPredict Co-Founder and CEO Yaron Zakai-Or will serve as a Director of Product Management, Technology, and SalesPredict Co-Founder and CTO Kira Radinsky will be Director of Data Science & Chief Scientist, eBay Israel.

“Today’s agreement to acquire SalesPredict builds upon our recently completed acquisition of Expertmaker, marking another milestone for eBay in our plans to apply world class learning approaches to building the world’s most comprehensive product catalog and pricing guide,” said Amit Menipaz, Vice President and General Manager of Structured Data at eBay. “SalesPredict’s deep expertise in predictive analytics and machine learning will contribute to eBay’s structured data efforts.  For our buyers, it will help us better understand the price differentiating attributes of our products, and, for our sellers, it will help us build out the predictive models that can define the probability of selling a given product, at a given price over time.

There are three key efforts that comprise eBay’s structured data initiative: collect the data; process and enrich the data; and create product experiences.  SalesPredict will contribute to data processing and enrichment, specifically with respect to inventory insights.

“With more than 900 million listings on eBay, there is an enormous opportunity to extend our experience in machine learning and predictive analytics to help eBay identify important product attributes that can affect the price of a product,” said Yaron Zakai-Or.  “In partnership with eBay’s broader structured data team, we will help arm eBay sellers with more information about the value of items, ultimately helping to increase customer sales conversions.”

“As a data scientist at heart, I’ve always been interested in exploring the myriad ways we can leverage data to predict future high impact events,” said Kira Radinsky.  “In founding SalesPredict, our vision was to bring about a major change in how business is conducted by unifying micro- and macro-economic predictions.  Today, this vision has yielded state-of-the-art automated data science capabilities. I am excited to have the opportunity to bring these capabilities to eBay’s community and ecosystem.”

SalesPredict was co-founded in 2012 by Yaron Zakai-Or and Kira Radinsky and its main investors include Yandex, AfterDox, Redline Capital, KGC Capital, and Pitango Venture Capital.  Prior to SalesPredict, Zakai-Or held various product management positions at Kontera, Microsoft and Quiver. Radinsky is a graduate of Technion-Israel Institute of Technology.  She was recognized by Forbes in 2015 as one of “30 Under 30 in Enterprise Tech” and was named to the prestigious “35 Young Innovators Under 35” by the MIT Technology Review in 2013. in 2014, Forbes named her one of the “50 Most Influential Women in Israel.”

SalesPredict will join eBay’s existing development center in Netanya that specializes in data science and is led by Yuval Matalon.

Contact:

eBay Headquarters
2065 Hamilton Avenue
San Jose, California 95125
USA

(408) 376-7400

Source: eBay

Steve Matyas named President Staples North American Retail

FRAMINGHAM, Mass., 2016-Jul-13 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today announced that it has named Steve Matyas, President, North American Retail. He previously had been President of Staples Canada/Bureau en Gros since July, 2000, and will continue to serve as a member of the company’s executive committee.

Steve has over 25 years of deep experience leading Staples Canada, and a proven track record of delivering profitable growth and innovation,” said Shira Goodman, Interim Chief Executive Officer, Staples, Inc. “Realigning our retail leadership will strengthen our position as we continue to right size our store network and evolve to meet the changing needs of business customers.”

Matyas joined Business Depot Ltd. in Canada as its first employee in March 1991. He has also served as Vice President, Operations, Human Resources and Store Planning, and Vice President, Sales and Operations.

About Staples, Inc.
Staples retail stores and Staples.com help small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop, all backed with a lowest price guarantee. Staples offers businesses the convenience to shop and buy how and when they want – in store, online, via mobile or though social apps. Staples.com customers can either buy online and pick-up in store or ship for free from Staples.com with Staples Rewards minimum purchase. Expanded services also make it easy for businesses to succeed with in-store Business Centers featuring shipping services and products, copying, scanning, faxing and computer work stations, Tech Services, full-service Print & Marketing Services, Staples Merchant Services, small business lending and credit services.

Staples Business Advantage, the business-to-business division of Staples, Inc., helps mid-market, commercial and enterprise-sized customers make more happen by offering a curated assortment of products and services combined with deep expertise, best-in-class customer service, competitive pricing and state-of-the art-ecommerce site. Staples Business Advantage is the one-source solution for all things businesses need to succeed, including office supplies, facilities cleaning and maintenance, breakroom snacks and beverages, technology, furniture, interior design and Print & Marketing Services. Headquartered outside of Boston, Staples, Inc. operates throughout North and South America, Europe, Asia, Australia and New Zealand. More information about Staples (NASDAQ: SPLS) is available at www.staples.com.

Contact:

Mark Cautela
508-253-3832
Mark.Cautela@staples.com

Alessandra Saccal
905-737-1147

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Steve Matyas named President Staples North American Retail

Steve Matyas has been named President, North American Retail for Staples, Inc. (Photo: Business Wire).

Steve Matyas named President Staples North American Retail

 

Source: Staples, Inc.

Shoppers to receive $2 Instant Discount on Same-day Binder Purchase at Office Depot and OfficeMax

BOCA RATON, Fla., 2016-Jul-13 — /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 launch of its Binder Recycling Program, encouraging shoppers to help preserve the environment by recycling old binders. Starting today, shoppers can bring any old empty binder to an Office Depot or OfficeMax retail location and receive a $2 instant discount off a same-day binder purchase.

The program is in partnership with TerraCycle, a company whose primary objective is to recycle waste that is typically considered non-recyclable. Consumers find recycling to be the most easily understood component of sustainability, and Office Depot is partnering with TerraCycle to help consumers participate in the movement for a more sustainable planet.

“We’re excited to partner with TerraCycle this back-to-school season as parents, teachers and students prepare for the school year with new supplies,” said Ron Lalla, executive vice president of merchandising for Office Depot, Inc. “The program provides a way to recycle binders in an environmentally conscious way while also offering a discount to shoppers who are looking for new ones.”

Customers can recycle as many binders as they wish and can receive instant discounts for up to six binders per day*. The offer is only valid in-store at Office Depot and OfficeMax retail locations.

To learn more about the Binder Recycling Program, please visit officedepot.com/recyclebinders.

*Get $2 off the purchase of any new binder when you recycle any binder in the same transaction. Discount applies only to binders purchased and will not be applied to any free binders with a purchase. Multipacks count as 1. Discount excludes tax. No cash/credit back. Binder to be recycled must be empty. Not valid on prior purchases or purchases made with Store Purchasing, Procurement or Retail Connect Cards. Limit 6 per household/business.

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 $14 billion, employs approximately 49,000 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.

Contact:

Office Depot, Inc.
Sarah England, 561-438-1448
sarah.england@officedepot.com

Source: Office Depot

Hudson’s Bay Company finalized leases for seven new store locations in the Netherlands

TORONTO en AMSTERDAM, 2016-Jul-13 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or the “Company”) (TSX: HBC) is pleased to announce that it has finalized leases for seven new store locations in the Netherlands, in addition to the four locations previously announced. In aggregate, the lease agreements total approximately 141,800 m2 (1,526,000 sq. ft.) and include 10 Hudson’s Bay and a Saks OFF 5TH store in major markets. As previously announced by the Company, HBC intends to enter the Netherlands with up to 20 new stores over the next 2 years. HBC’s expansion into the Netherlands introduces two new exciting retail concepts to the Dutch market while leveraging the Company’s existing European business infrastructure.

Richard Baker, Governor and Executive Chairman of HBC, stated:
“We are very excited to announce these new locations in prime markets in the Netherlands for our Hudson’s Bay banner. The speed with which the leases are being agreed upon underscores the mutual willingness of the landlords, municipalities and HBC team to open the first stores, which we expect to occur in Q3 of 2017. In addition to bringing our exciting retail experiences to the Dutch customers, our entry will also create 2,500 store jobs and 2,500 construction jobs in the market. We look forward to announcing additional stores as we secure new locations.”

Jerry Storch, HBC’s Chief Executive Officer, commented:
“Combining exciting retail destinations with a best in class ecommerce platform is our main focus as we expand into the Netherlands. Our all-channel model will allow our customers to shop whenever, wherever and however they want. This, in combination with overall operational efficiencies and implementing best practices from our existing banners, will deliver a new, exciting experience for Dutch consumers. We are also making good progress on establishing our management structure and have already hired a number of very experienced Dutch executives into senior management positions.”

The Company expects to open Hudson’s Bay stores in the following locations:
HBC reached three lease agreements with a.s.r. Real Estate Investment Management for Utrechtsestraat 25-37 in Amersfoort, Grote Houtstraat 70 in Haarlem and Aalmarkt 22 in Leiden

Amersfoort, Utrechtsestraat 25-37
Amersfoort has an attractive historic center with a vast variety of shops. Built in 1934, the building has spectacular glass work in the ceiling and an impressive staircase, with entrances from the Utrechtsestraat and the Sint Jorisplein. It is located on the prime shopping street in Amersfoort. The Sint Jorisplein is an important access point with a parking garage of around 460 spaces. The building will be fully renovated before Hudson’s Bay opens its 11,000 m2 (118,000 sq. ft.) store for the people in Amersfoort and surroundings.

Haarlem, Grote Houtstraat 70
Haarlem is a well-known shopping and residential destination adjacent to Amsterdam, with a young and vibrant bar and restaurant scene. The historic department store of approximately 17,000 m2 (183,000 sq. ft.) is centrally located on the Grote Houtstraat, close to Gedempte Oude Gracht and the Gierstraat. The building will be renovated and transformed into a modern and attractive Hudson’s Bay.

Leiden, Aalmarkt 22
This monumental 12,500 m2 (135,000 sq. ft.) department store, located in the city center between the Aalmarkt street and the Breestraat, was built in 1930 and was completely renovated in 2014. Hudson’s Bay is an ideal anchor tenant to elevate the retail mix of the area. The basement includes a bike storage for 880 bicycles and can be used free of charge by the people of Leiden. The adjacent retail project Catharinasteeg will be completed in 2017.

Edwin van de Woestijne of a.s.r. REIM
“We are delighted with this innovative player in the Dutch retail market and we are looking forward to working together to improve the shopping landscape of Amersfoort, Haarlem and Leiden. Hudson’s Bay’s decision to enter a long-term commitment with a.s.r. demonstrates that our properties are in the right locations and that we are a strong retail partner.”

The Hague (Den Haag), Grote Marktstraat 48-50, Spuistraat 3-5
The building, owned by IEFC Berlage, is located in the heart of the prime shopping area in The Hague with entrances from the Grote Marktstraat and the Spuistraat. The building is undergoing a full renovation by IEF Capital, after which it will consist of five retail stores. Hudson’s Bay, with a store of 18,500 m2 (199,000 sq. ft.) will be the largest tenant.

Nechemja de Bruijn of IEF Capital stated:
“We see HBC’s entrance in the Dutch retail market as another confirmation that the prime locations in the Dutch cities are getting more and more popular, on par with many of the big cities in the world. We cordially welcome HBC to our retail complex in the vibrant heart of The Hague and look forward to the opening of the Hudson’s Bay store.”

Den Bosch, Schapenmarkt 2-4
The Company reached a lease agreement with Metroprop for Schapenmarkt 2-4 in Den Bosch. Den Bosch is a thriving city in the south of the Netherlands. The inner-city retail structure is a protected townscape and its heritage makes it an appealing and popular shopping destination. The building is a listed historical monument, curved along the shape of the street, and is located next to City Hall with a beautiful view from the top on the Sint-Jans Cathedral. The building will be transformed into a 9,300 m2 (100,000 sq. ft.) Hudson’s Bay store with direct access to the main shopping streets of Den Bosch.

Jos van de Mortel from Metroprop stated:
“We are very pleased that HBC has chosen this unique building for a Hudson’s Bay store in the Netherlands. The location has a rich history and is located in the city centre of Den Bosch. We are convinced that Hudson’s Bay is the perfect concept to enhance the historic attraction of Den Bosch.”The Company has also reached long-term lease agreements with CBRE Global Investors for Pensmarkt 8 in Den Bosch and Nieuwstraat 51-53 / Spiegelstraat 17 in Zwolle.

Den Bosch, Pensmarkt 8
The Pensmarkt is centrally located in the middle of the historical inner-city of Den Bosch across the Schapenmarkt, this unit of 1,600 m2 (17,000 sq. ft) will be part of the Hudson’s Bay at the Schapenmarkt. This is a true prime location which reflects HBC’s strategy to establish itself in key, high-traffic retail areas.

Zwolle, Nieuwstraat 51-53 / Spiegelstraat 17
Zwolle is a historic city located in the province of Overijssel. The availability of retail space in the dense city centre is scarce. Zwolle is expecting the arrival of a number of large international retailers in the next eighteen months which will make it even more attractive for customers. The arrival of the 12,000 m2 (129,000 sq. ft.) Hudson’s Bay store will further improve the success of Zwolle as shopping destination within the province of Overijssel.

Rik Eertink from CBRE Global Investors stated:
“Hudson’s Bay Company’s new department store format Hudson’s Bay is a unique long-term solution for respectively our prime inner-city locations in Zwolle and Den Bosch. The market entry of the Hudson’s Bay Company will positively shape the retail landscape in the Netherlands. I am very excited to welcome them as a tenant in our buildings and look forward to working together to make the banner a success in the Netherlands.”

Enschede, H.J. van Heekplein 85
The future 9,900 m2 (107,000 sq. ft.) Hudson’s Bay store will be located in the shopping heart of Enschede at the H.J. van Heekplein (H.J. van Heek plaza). Many national and international shopping chains are located in this popular area. Additionally, the ample parking facility under the plaza makes it the most important access point for shoppers. The property manager, Syntrus Achmea Real Estate & Finance, will refurbish the building to accommodate Hudsons’s Bay exciting store format.

Rene Vierkant of Syntrus Achmea Real Estate & Finance stated:
We are delighted with HBC as our new tenant in Enschede. We believe that a Hudson’s Bay department store will add something new and exciting in the local retail market. We are committed to the longevity and success of HBC in Enschede and are convinced that this is an ideal location as they look for key markets for their entry into the country.”

Over Hudson’s Bay Company
Hudson’s Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their all channel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes ten banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with more than 460 stores and 66,000 employees around the world. In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium’s only department store group Galeria INNO, as well as Sport arena. HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

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

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

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

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

MEDIA CONTACTS:

Citigate First Financial
Marieke Heringa
+31-6-11327533
marieke.heringa@citigateff.nl

Ingrid Prins
+31-6-51592484
ingrid.prins@citigateff.nl

Hudson’s Bay Company
Andrew Blecher
+1-212-391-3179
andrew.blecher@hbc.com

Gerd Koslowski
+49-(0)221-223-5595
gerd.koslowski@kaufhof.de

Source: HBC

HUDSON’S BAY COMPANY KONDIGT ZEVEN NIEUWE LOCATIES AAN IN NEDERLAND

TORONTO en AMSTERDAM, 2016-Jul-13 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” of “de onderneming”) (TSX: HBC) is verheugd aan te kondigen dat ze in Nederland nieuwe huurovereenkomsten voor zeven nieuwe locaties hebben getekend, dit in aanvulling op de eerder aangekondigde vier locaties. In totaal beslaan de contracten 141.800 m2 en bestaan ze uit tien Hudson’s Bay winkels en een Saks OFF 5TH winkel in grote steden. Zoals HBC eerder bekendmaakte, is de onderneming voornemens de Nederlandse markt te betreden en er de komende twee jaar tot 20 nieuwe warenhuizen te openen. HBC zal bij deze uitbreiding naar de Nederlandse markt gebruik maken van haar bestaande Europese infrastructuur en twee nieuwe winkelformules introduceren.

Richard Baker, Governor en Executive Chair van HBC:
“We zijn erg enthousiast om deze nieuwe locaties op A1 locaties voor de Hudson’s Bay formule in Nederland aan te kondigen. De snelheid waarin we overeenstemming bereiken over de contracten, onderstreept de wederzijdse bereidheid van verhuurders, gemeenten en het HBCteam om de eerste winkels naar verwachting in het derde kwartaal van 2017 te kunnen openen. Naast dat we de Nederlandse klant kennis willen laten maken met onze bijzondere winkelbeleving, zal onze komst ook 2,500 banen creëren in de winkels en nog eens 2,500 door bouwactiviteiten. We kijken er naar uit om binnenkort nog meer winkels aan te kondigen omdat we doorgaan met het zekerstellen van nieuwe locaties.”

Jerry Storch, HBC´s Chief Executive Officer:
“Het belangrijkste doel voor onze uitbreiding in Nederland is om onze bijzondere winkelbestemmingen met een ‘best in class’ e-commerce platform te combineren. Ons allchannel model maakt het mogelijk dat onze klanten altijd en overal kunnen winkelen. In combinatie met operationele efficiëntie op alle fronten en het implementeren van ‘best practices’ uit onze bestaande formules, zal dit leiden tot een nieuwe winkelbelevenis voor onze Nederlandse klanten. We maken ook goede voortgang met het vormgeven van de management structuur. Er zijn een aantal zeer ervaren Nederlandse executives aangenomen voor senior management posities.”

De onderneming verwacht om Hudson’s Bay winkels te openen op de volgende locaties:
HBC heeft drie huurovereenkomsten gesloten met a.s.r. Vastgoed Vermogensbeheer voor Utrechtsestraat 25-37 in Amersfoort, Grote Houtstraat 70 in Haarlem en Aalmarkt 22 in Leiden.

Amersfoort, Utrechtsestraat 25-37
Amersfoort heeft een sfeervolle historische binnenstad met een grote diversiteit aan winkels. Het gebouw dat dateert uit 1934, heeft een spectaculaire lichtkoepel en een prachtige trappartij met ingangen aan de Utrechtsestraat en het Sint Jorisplein. Het warenhuis ligt aan de drukste A1 winkelstraat van Amersfoort. Het Sint Jorisplein is een belangrijk bronpunt met een parkeergarage met 460 plaatsen. Het gebouw wordt volledig gerenoveerd voordat Hudson’s Bay haar warenhuis van 11.000 m2 opent voor de mensen uit Amersfoort en omgeving.

Haarlem, Grote Houtstraat 70
Haarlem is een bekende winkel- en woonstad nabij Amsterdam met levendige horeca. Het historische warenhuis van ongeveer 17.000 m2 is centraal gelegen aan de Grote Houtstraat, nabij de Gedempte Oude Gracht en de Gierstraat. Het gebouw zal worden gerenoveerd om een eigentijdse aantrekkelijke Hudson’s Bay te realiseren.

Leiden, Aalmarkt 22
Dit monumentale warenhuis van 12.500 m2 in de binnenstad van Leiden tussen de Aalmarkt en de Breestraat, is in 1930 gebouwd en in 2014 volledig gerenoveerd. Hudson’s Bay is een belangrijke huurder (anchor tenant) die de retailmix in de binnenstad naar een hoger niveau tilt. De kelder is voorzien van een openbare fietsenstalling met 880 plaatsen en is gratis te gebruiken door alle Leidenaren. Het naastgelegen winkelproject Catharinasteeg zal in 2017 worden opgeleverd.

Edwin van de Woestijne van a.s.r. Vastgoed Vermogensbeheer
“Wij zijn blij met Hudson’s Bay als vernieuwende speller op de Nederlandse retailmarkt. We zijn er van overtuigd dat dit aantrekkelijke warenhuis bijdraagt aan de aantrekkingskracht van de binnensteden als winkelbestemming voor Amersfoort, Haarlem en Leiden. Het besluit van Hudson’s Bay om een langjarige samenwerking met a.s.r. aan te gaan, geeft aan dat we op de juiste locaties zitten en een sterke vastgoedpartner in retail zijn.”

Den Haag, Grote Marktstraat 48-50, Spuistraat 3-5
Het door IEFC Berlage gehouden gebouw ligt in het hart van het A1-winkelgebied in Den Haag met entrees aan zowel de Grote Marktstraat en de Spuistraat. Het gebouw wordt momenteel door IEF Capital volledig gerenoveerd en zal in de nieuwe situatie vijf winkelunits huisvesten waarvan Hudson’s Bay, met een winkel van 18.500 m2 de grootste huurder zal zijn.

Nechemja de Bruijn van IEF Capital: “Wij zien de komst van HBC naar de Nederlandse retailmarkt wederom als een bevestiging dat de A-1 winkelmarkt in de grote steden in Nederland aan populariteit wint en zich steeds meer kan meten met de grote steden in de wereld. Wij verwelkomen HBC van harte in ons winkelcomplex in het bruisende hart van Den Haag en kijken erg uit naar de opening van de Hudson’s Bay winkel.

Den Bosch, Schapenmarkt 2-4
HBC heeft een huurovereenkomst gesloten met Metroprop voor de Schapenmarkt 2-4 in Den Bosch. Den Bosch is een welvarende stad in het zuiden van Nederland. Het binnenstedelijke winkelgebied is een beschermd stadsgezicht en het wordt hierdoor een aantrekkelijke en populaire winkelbestemming. Het gebouw staat op de lijst van historische monumenten en vormt een geheel met de gebogen straat. Het bevindt zich naast het gemeentehuis en vanaf het dak heeft de bezoeker een prachtig uitzicht op de Sint-Jans Kathedraal. Het gebouw wordt getransformeerd in een Hudson’s Bay winkel van 9,300 m2 met directe doorgangen naar de belangrijkste winkelstraten van Den Bosch.

Jos van de Mortel van Metroprop:
“Wij zijn zeer verheugd dat HBC dit unieke pand gekozen heeft voor een Hudson’s Bay winkel in Nederland. De locatie heeft een rijke historie en bevindt zich in het centrum van Den Bosch. Wij zijn er van overtuigd dat Hudson’s Bay het perfecte concept is om de historische aantrekkingskracht van Den Bosch te versterken.”

HBC heeft lange termijn huurovereenkomsten gesloten met CBRE Global Investors voor Pensmarkt 8 in Den Bosch en Nieuwstraat 51-53 / Spiegelstraat 17 in Zwolle.

Den Bosch, Pensmarkt 8
De Pensmarkt ligt centraal in het midden van het historische centrum van Den Bosch, tegenover de Schapenmarkt, deze unit van 1.600 m2 vormt dan ook een onderdeel van de Hudson’s Bay op de Schapenmarkt 2-4. Dit is een echte A1 locatie wat de strategie van HBC weergeeft om zich te vestigen in drukbezochte kern winkelgebieden.

Zwolle, Nieuwstraat 51-53 / Spiegelstraat 17
Zwolle is een historische stad in de provincie Overijssel. De beschikbaarheid van winkelruimte in de dichtbevolkte stad is schaars. De komst van een aantal grote internationale retailers in Zwolle in de komende 18 maanden, zal de aantrekkelijkheid van de stad vergroten. De opening van de Hudson’s Bay winkel van 12.000 m2 zal het succes van Zwolle als winkelbestemming voor de provincie Overijssel verder versterken.

Rik Eertink van CBRE Global Investors:
“De nieuwe warenhuis formule Hudson’s Bay is een unieke lange termijn oplossing voor onze toplocaties in de centra van Zwolle en Den Bosch. De komst van Hudson’s Bay Company in de Nederlandse markt zal een positieve invloed hebben op het retaillandschap. Ik ben zeer verheugd om hen als huurder van onze gebouwen te verwelkomen en kijk uit naar de samenwerking om Hudson’s Bay succesvol te maken in Nederland.”

Enschede, H.J. van Heekplein 85
De toekomstige Hudson’s Bay winkel van 9,900 m2 wordt gevestigd in het winkelhart van Enschede aan het H.J. van Heekplein. Veel nationale en internationale winkelketens zijn gevestigd in dit populaire gebied. De ruime parkeerfaciliteit onder het plein zorgt er tevens voor dat het Van Heekplein het belangrijkste bronpunt is voor het winkelend publiek. Investment manager Syntrus Achmea Real Estate & Finance zal het gebouw aanpassen om de winkelformule Hudson’s Bay optimaal te kunnen huisvesten.

René Vierkant van Syntrus Achmea Real Estate & Finance:
”Het doet ons genoegen om HBC te verwelkomen als onze nieuwe huurder in Enschede. Wij geloven dat Hudson’s Bay iets nieuws en spannends gaat toevoegen aan de lokale retailmarkt. Wij zijn gecommitteerd voor het lange termijn succes van HBC in Enschede en wij zijn er van overtuigd dat dit een perfecte plek is omdat HBC kernplekken uitkiest voor hun entree in Nederland.”

Over Hudson’s Bay Company
Hudson’s Bay Company is een van de snelst groeiende warenhuisketens in de wereld. Het succes is gebaseerd op een formule die een combinatie biedt van sturen op de prestaties van kwalitatief hoogwaardige vestigingen, een all-channel aanbod van fysiek en online, het realiseren van de waarde van vastgoedbezit en groei door acquisities. HBC, opgericht in 1670, is de oudste onderneming in Noord-Amerika. De portfolio van HBC omvat tien formules, van luxueuze warenhuizen tot betere warenhuizen en discountformules, met in totaal wereldwijd meer dan 460 vestigingen en 66.000 medewerkers. In Noord Amerika behoren Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, en Saks OFF 5TH, samen met Find @ Lord & Taylor en Home Outfitters tot de leidende ketens van HBC. In Europa behoren GALERIA Kaufhof, de grootste warenhuisketen van Duitsland, Galeria INNO, de enige warenhuisketen in België, en Sportarena, tot HBC. HBC heeft significante investeringen in vastgoed joint ventures. Met Simon Property Group Inc. heeft HBC de HBS Global Properties Joint Venture, die vastgoed in bezit heeft in de Verenigde Staten en in Duitsland. In Canada werkt HBC met RioCan Real Estate Investment Trust samen in de RioCan-HBC Joint Venture.

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

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

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

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

Dit bericht is een vertaling van de oorspronkelijke Engelse versie. In geval van interpretatieverschillen prevaleert de oorspronkelijke Engelse tekst.

MEDIA CONTACTEN:

Citigate First Financial Marieke Heringa
+31-6-11327533
marieke.heringa@citigateff.nl

Ingrid Prins
+31-6-51592484
ingrid.prins@citigateff.nl

Hudson’s Bay Company
Andrew Blecher
+1-212-391-3179
andrew.blecher@hbc.com

Gerd Koslowski
+49-(0)221-223-5595
gerd.koslowski@kaufhof.de

Source: HBC

Save Mart Companies: Betty Crocker Delights Super Moist Carrot Cake Mix voluntarily recalled

Modesto, CA, 2016-Jul-13 — /EPR Retail News/ — The following Betty Crocker products are being voluntarily recalled out of an abundance of caution due to potential presence of E. coli:

Item Description Size Best By Dates UPC
Betty Crocker Delights Super Moist Carrot Cake Mix 15.25 oz. pkg. 12APR2017, 13APR2017,
14APR2017, 28MAY2017,
29MAY2017, 30MAY2017,
07JUL2017, 08JUL2017
000-16000- 40987
Betty Croker Delights Super Moist Party Rainbow Chip Cake Mix 15.25 oz. pkg. 25MAR2017, 28MAR2017,
27APR2017, 28APR2017,
23MAY2017, 24MAY2017,
25MAY2017
000-16000- 40997

 

The Save Mart Companies has received no reports of health complaints linked to this product. Customers who purchased any of the above listed products with matching UPC and impacted date codes may contact the General Mills consumer hotline at (800) 230-8103 or bring the unused portion to the store where the product was purchased for a full refund.

Customers who have additional questions about the recall may call the General Mills consumer hotline or The Save Mart Companies Customer Care at (800) 692-5710.

Source: Foodmaxx

Krusteaz Blueberry Pancake Mix voluntarily recalled at Save Mart Companies

Modesto, CA, 2016-Jul-13 — /EPR Retail News/ — The following Krusteaz product is being voluntarily recalled out of an abundance of caution due to potential presence of E. coli. This is an isolated issue and only affects specific lots of Krusteaz Pancake Mix:

Item Description Size Best By Dates UPC
Krusteaz Blueberry Pancake Mix 28 oz. carton 3/30/2018 to 6/16/2018 04144900128

The Save Mart Companies has received no reports of health complaints linked to this product. Customers who purchased the above listed product with matching UPC and impacted date codes may contact Continental Mills Consumer Relations at (800) 457-7744, Monday-Friday, 7 am to 4 pm PST, or bring the unused portion to the store where the product was purchased for a full refund.

Customers who have additional questions about the recall may contact Continental Mills Consumer Relations or The Save Mart Companies Customer Care at (800) 692-5710.

Source: Foodmaxx

Krispy Kreme Doughnuts will celebrate its 79th birthday on July 13

WINSTON-SALEM, N.C., 2016-Jul-13 — /EPR Retail News/ — Krispy Kreme Doughnuts will celebrate its 79th birthday in a seriously sweet way. On July 13, Krispy Kreme customers who buy any dozen doughnuts at regular price can then also buy a second dozen Original Glazed® doughnuts for 79 cents at participating shops in the U.S. and Canada.

“Krispy Kreme is a classic American brand with generations of fans,” said Jackie Woodward, Krispy Kreme Doughnuts’ Chief Marketing Officer. “We are not only celebrating our 79 years of spreading joy, but also the many guests who continue to share our classic treats with family and friends.”

Krispy Kreme Doughnuts was founded in Winston-Salem, N.C. on July 13, 1937, and it has become known through the years for high-quality sweet treats and premium coffee, both across the U.S. and internationally.

Help Krispy Kreme Doughnuts celebrate the big day by sharing your favorite birthday moments using #KrispyKreme.

About Krispy Kreme Doughnuts, Inc.
Krispy Kreme Doughnuts, Inc., is a global retailer of premium-quality sweet treats, including its signature Original Glazed® doughnut. Headquartered in Winston-Salem, N.C., the Company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Krispy Kreme Doughnuts is proud of its Fundraising program, which for decades has helped non-profit organizations raise millions of dollars in needed funds. Krispy Kreme Doughnuts can be found in approximately 12,000 grocery, convenience and mass merchant stores in the U.S. The Company has more than 1,000 retail shops in 27 countries. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one its many social media channels, including www.Facebook.com/KrispyKreme, and www.Twitter.com/KrispyKreme.

Contact:
Krispy Kreme Doughnuts
Sarah Roof, 336-726-8878
Corporate Communications Coordinator
sroof@krispykreme.com

Source: Krispy Kreme Doughnuts