Daily Archives: August 16, 2016

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Jessica Simpson, Camuto Group and Sequential Brands Group launch performance footwear collection

Jessica Simpson, Camuto Group and Sequential Brands Group launch performance footwear collection
Jessica Simpson, Camuto Group and Sequential Brands Group launch performance footwear collection

 

NEW YORK, 2016-Aug-16 — /EPR Retail News/ — Jessica Simpson, in partnership with Sequential Brands Group, Inc. (Nasdaq:SQBG) and footwear partner, Camuto Group, launches a collection of performance footwear as part of her athleisure line, The Warm Up.  The introduction of sneakers expands upon the success of active apparel, which launched in December 2015.  The footwear line features modern, feminine designs and, in line with the apparel, touts a focus on technical attributes.  The offering boasts lightweight, flexible constructions, breathable linings, mesh, custom knits and a sock-like fit designed to move with you to meet the needs of a multi-hyphenate lifestyle.

“I don’t always have time to do a quick change from a workout to playing with my kids to going out to lunch or approval meetings, so being able to create active apparel and sneaker styles that work both at the gym and on the go, fits well for my lifestyle and my collection,” Simpson says.  “It’s all about working out and wearing out for women these days; we deserve to feel sporty, stylish and comfortable.”

Simpson, who appears on the cover of the September issue of Women’s Health magazine, fronts a multi-media campaign for the fall 2016 collection, including an exclusive new video.

Exclusive video accompanying this announcement is available at www.jessicasimpson.com

The Warm Up video accompanies a vibrant campaign, both shot by renowned photographer and director, Anthony Mandler in Beverly Hills, California.  The imagery juxtaposes Simpson’s iconic brand of carefree styling with the resilient passion she brings to her designs.  The campaign video is brought to life with new music and lyrics co-written by Simpson and Grammy nominated singer-songwriter and producer, Linda Perry.

“For the launch of active footwear, we felt it was important to create content that connects to our customer the way they consume media,” said Jameel Spencer, president of the fashion division at Sequential.  “Jessica has been at the center of so many incredible campaigns over the years, and as we move the brand forward, we hope to translate that energy into multiple mediums.  Fashion, film or music – she brings the same passion, so she felt it was important that she create original music as the soundtrack.”

The Warm Up campaign will launch across multiple digital platforms and outdoor advertising will run in New York and Los Angeles.  Campaign footage and additional creative content will be featured on www.jessicasimpson.com.

ABOUT THE JESSICA SIMPSON® COLLECTION
This lifestyle collection is inspired by and designed in collaboration with Jessica Simpson, entertainment, music and style icon, along with her mother, Tina. This lifestyle collection reflects all that is modern Americana: it is iconic, fashion-forward, accessible, comfortable, timeless and affordable. The product offering spans 35 classifications –including footwear, outerwear, sunglasses, optical frames, handbags and handbag accessories, swimwear, perfume, belts, legwear, scarves/hats/wraps, jewelry, intimates, slippers, cold weather accessories, luggage, dresses, jeanswear, sportswear, athletic and leisure, tween footwear, coats, swimwear, legwear and apparel, activewear, maternity apparel, toddler apparel, baby footwear and home. The collection, like jessica herself, is classically familiar, approachable yet inspirational, sexy yet sweet, flirtatious and whimsical, vintage at times, but always of-the-moment. The Jessica Simpson® lifestyle collection is currently available in over 3,000 points of distribution globally.

www.jessicasimpson.com / Instagram @JessicaSimpson @JessicaSimpsonStyle

ABOUT SEQUENTIAL BRANDS GROUP, INC.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the home, active, lifestyle, and fashion categories, which includes the Jessica Simpson Collection. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Media Contacts:
For Sequential Brands Group
Jaime Cassavechia
(212) 518-4771 x108
jcassavechia@sbg-ny.com

Jessica Simpson Collection
The Warm Up Peggy Merck
(212) 376-7281
pmerck@sbg-ny.com

Source: Sequential Brands Group / GlobeNewswire

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The Children’s Place to release its 2Q2016 financial results on Wednesday, August 17, 2016

SECAUCUS, N.J., 2016-Aug-16 — /EPR Retail News/ — The Children’s Place, Inc. (Nasdaq:PLCE) today announced that in conjunction with the release of its second quarter 2016 financial results you are invited to listen to the Company’s conference call on Wednesday, August 17, 2016, beginning at 8:00 a.m. Eastern Time.

To access the webcast, visit http://investor.childrensplace.com. An archive of the webcast can be accessed two hours after the live call has concluded.

About The Children’s Place, Inc.
The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America.  The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary “The Children’s Place,” “Place” and “Baby Place” brand names.  As of April 30, 2016, the Company operated 1,064 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 110 international points of distribution open and operated by its 6 franchise partners in 16 countries.

Forward Looking Statements
This press release contains, and the above referenced conference call may contain, forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the Company’s strategic initiatives and adjusted net income per diluted share.  Forward-looking statements typically are identified by use of terms such as “may,” “will,” “should,” “plan,” “project,” “expect,” “anticipate,” “estimate” and similar words, although some forward-looking statements are expressed differently.  These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission, including in the “Risk Factors” section of its Annual Report on Form 10-K for the fiscal year ended January 30, 2016. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company’s business and its dependence on consumer spending patterns, which may be affected by weakness in the economy that continues to affect the Company’s target customer, the risk that the Company’s strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Company’s global supply chain, including resulting from foreign sources of supply in less developed countries or more politically unstable countries, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, and the uncertainty of weather patterns. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.

The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact: 

Robert Vill
Group Vice President, Finance
(201) 453-6693

Source: The Children’s Place, Inc. / GlobeNewswire

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The H&M group recorded 10 percent sales increase in July 2016 compared to the same month the previous year

STOCKHOLM, SWEDEN, 2016-Aug-16 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 10 percent in local currencies in July 2016 compared to the same month the previous year.

The total number of stores amounted to 4,105 on 31 July 2016 compared to 3,649 on 31 July 2015.

Percentage sales development for the month of August and total revenue in SEK for the third quarter (June to August) will be published in a separate press release on 15 September 2016.

The Nine-Month Report, covering the period 1 December 2015 – 31 August 2016, will be published on 30 September 2016 at 08.00 (CET).

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under the EU Market Abuse Regulation (596/2014 /EU). The information was submitted for publication by the above mentioned person at 08.00 CET on 15 August 2016. This press release, along with additional information about H&M, is available at www.hm.com.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has more than 4,100 stores in 62 markets including franchise markets. In 2015, sales including VAT were SEK 210 billion and the number of employees is more than 148,000. For further information, visit hm.com (http://www.hm.com/)..

Karl-Johan Persson, CEO

Contact:
Nils Vinge
Head of IR
+46 8 796 5250.

Source: Hennes & Mauritz AB, H & M / GlobeNewswire

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Stein Mart updates its website powered by the Kibo eCommerce platform

DALLAS and JACKSONVILLE, Fla., 2016-Aug-16 — /EPR Retail News/ — Kibo, the world’s leading Cloud-based unified omnichannel commerce platform, and national fashion retailer Stein Mart (NASDAQ:SMRT), today (Aug. 15, 2016) announced their strategic partnership to launch Stein Mart’s updated website powered by the Kibo eCommerce platform. As part of Stein Mart’s overall omnichannel retailing strategy, the feature-rich and responsive designed site allows Stein Mart shoppers to now have the same experience across all of its retail touch-points, giving customers a more personalized online shopping experience.

“ECommerce is a significant sales-growth opportunity for us driving brand awareness and traffic to our stores. In looking for a new business partner, we wanted an agile platform that would be the foundation for our current and future omnichannel business needs,” said Dawn Robertson, CEO, Stein Mart. “Our online sales increased by 70 percent in 2015 and we expect to continue that trend with the launch of our smart, responsive website. Kibo’s Cloud-based eCommerce solution allows us to scale and evolve our omnichannel business, while also giving our customers an easier path-to-purchase.”

New features on Stein Mart’s redeveloped website include:

  • Expanded visual merchandising capabilities for all categories
  • Responsive design to accommodate customers’ screen size orientation on various devices
  • Optimized SEO for improved organic search
  • Easier navigation for searching and shopping
  • Simplified, one-page checkout
  • Customer ratings and reviews

“We had an extensive checklist of requirements for our new eCommerce site, and the Kibo eCommerce solution was the clear choice that best met our needs,” said Sara Meza, Director of eCommerce, Stein Mart. “Not only are they a good fit culturally, but our omnichannel road map is in line with the capabilities that Kibo offers now and will be enhancing in the future. Kibo has been a strong partner for us, and we have already started seeing improved sales, conversions and customer service since launching on the eCommerce platform.”

“The demands of today’s shoppers are clear; they want retailers to make it easy and convenient to find what they are looking for when shopping online. The Kibo eCommerce platform delivers a superior shopping experience, encourages brand loyalty, and ultimately increases sales,” said Kenneth Frank, CEO, Kibo. “Stein Mart’s forward focused approach will position them to succeed in omnichannel retailing for many years to come. We are thrilled to partner with Stein Mart and look forward to further expanding their commerce capabilities.”

About Stein Mart
Stein Mart, Inc. (NASDAQ:SMRT) is a national retailer offering designer and name-brand fashion, accessories and home decor at everyday discount prices. Stein Mart provides real value that customers will love every day both in stores and online. Stein Mart currently operates 283 stores across 31 states and has plans to expand over the next year. Stein Mart is adding new modern brands to its stores this year to offer discriminating shoppers even more of the fashion and savings they want. For more information, please visit www.steinmart.com.

About Kibo
Kibo is the strategic merger of industry leaders MarketLive, Shopatron and Fiverun. With a combined 40 years of innovations, we’re joining forces to help retailers and branded manufacturers unify the consumer experience. Kibo is a complete omnichannel commerce platform, delivering the lowest total cost of ownership and the fastest time to market. With predictive technologies and enterprise performance, we can help you achieve increased sales. No matter the challenge, Kibo powers your success. For more information, visit kibocommerce.com.

Media Contacts:

Kibo
Mariana Fischbach
Ketner Group PR & Marketing
mariana@ketnergroup.com
(512) 794-8876

Stein Mart
Linda Tasseff
Director of Investor Relations
ltasseff@steinmart.com
(904) 858-2639

Source: Stein Mart, Inc. / GlobeNewswire

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EOS Consolidated recorded successful performance in fiscal 2015/16

Hamburg, 2016-Aug-16 — /EPR Retail News/ — EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

“We have achieved the best result in our history to date. This success is attributable to our systematic focus on our core business of providing high-quality receivables management services,” says Hans-Werner Scherer, Chairman of the EOS Group’s Board of Directors. The Board once again invested heavily in receivables purchases and managed in particular to increase productivity in receivables processing. “This means that we have laid a solid foundation for the future,” says Scherer. In addition, the encouraging improvement in the result compared to the previous year was influenced by revenues from the sale of the Group’s interests in business information service Bürgel.

Overview of key performance indicators:

2015/16 2014/15
Sales revenue (MEUR) 596.1 566,9
EBITDA (MEUR) 173.8 173.8
EBT (MEUR) 181.4 125,8

With a view to further growth, EOS is focusing systematically on the opportunities offered by digitalization. To this end, the Group is going to invest up to EUR 100 million in digital transformation and associated technology. New debt collection software is currently being developed in Germany, which continues to be the most important market for EOS Consolidated due to a market share of 46.1 per cent. Productivity is set to improve even more with the help of this new data-driven core system. “This is how we will ensure that we remain the market leader for efficiency and performance in the future,” explains Mr Scherer. In fiscal 2015/16 sales in Germany totalled EUR 274.9 million, up 5.4 per cent on the previous year.

In Western Europe, EOS posted sales of EUR 123 million, an increase of 19.9 per cent over the previous year. The strong performance was due to organic growth at some of the Group’s companies as well as the acquisition of debt collection service provider Alphapay in Switzerland.

Almost all countries in Eastern Europe managed to increase sales. Romania, Slovakia and the Czech Republic in particular performed better than in the previous year. In total, the company’s subsidiaries in Eastern Europe generated sales of EUR 108.1 million. This represents an increase of 12 per cent over the previous year.

In North America, EOS was not able to sustain the very good result from the previous year and experienced a 6.1 per cent drop to EUR 78 million. One of the main reasons for this was a declining trend in the recovery of receivables relating to government-issued student loans.

Media Contact:

Laya Moghaddam
Senior Public Relations Consultant
Tel.: +49 40 2850-1997
Email: l.moghaddam@eos-solution.com

Berit Ewald
Team Manager Corporate Communications
Tel.: +49 40 2850-1566
Email: b.ewald@eos-solutions.com

Source: EOS

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Esprit launches its Fall/Winter 2016 campaign — #Imperfect

Esprit launches its Fall/Winter 2016 campaign — #Imperfect
Esprit launches its Fall/Winter 2016 campaign — #Imperfect

 

Ratingen, Germany, 2016-Aug-16 — /EPR Retail News/ — Esprit’s Fall/Winter 16 campaign presents a fresh interpretation of the #Imperfect narrative explored in previous seasons. Documenting the magnetic power of dance, the campaign is a natural celebration of diversity, individual expression and personal style.

Shot in New York by Christian MacDonald, the campaign features a cast of 10 who bring their own #ImPerfect twist to the story. Set to the irresistible beat of MC Hammer’s ‘You Can’t Touch This’, the campaign film captures the electric energy that is synonymous with the mood of the season.

Photographed in a studio setting, the accompanying stills capture the models’ natural responses to the music that embody the sentiment of #ImPerfect. MacDonald, a former assistant of Steven Meisel, engages intensely with his subject thus bridging the divide between fashion and portrait photography.

The warm lighting lends itself to a visually upbeat mood, whilst the coloured backdrop captures the diverse range of textures and patterns in the FW 16 collection. The overall look is casual yet rich, thanks to lush and creatively textured knits, jacquards, wool and viscose fabrics. Kept wide with roomy popover tops and fluid blouses, and the new wider masculine pant and still popular culottes also have room to move. On the long and narrow, there are slim skirts and dresses, uncomplicated in cut and thus all the more striking, and the jumpsuit further continues its one-piece reign. Prints and patterns play a pivotal role, starting with wallpaper and muted Indian florals and paisleys plus novelty woven stripes and jacquards in earthy autumn hues. There’s a comfy, homey touch to it all, with slouchy sweaters, tops, slightly romantic dresses and skirts just waiting to be thrown on and enjoyed.

Letting go of all inhibitions, Esprit’s #ImPerfect campaign is a celebration of natural beauty and individual style as a confident and unique form of self-expression.

The campaign will be launched in September with a fun series of TV/Web TV spots, digital, print and out-of-home ads, and a social media presence that will run throughout the season. The campaign further supports Esprit’s ambitious marketing efforts to reintroduce and power the brand.

Contact:

e: press@esprit.com

Source: Esprit

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London & Cambridge Properties to manage Govan Cross Shopping Centre in Glasgow

London, 2016-Aug-16 — /EPR Retail News/ — London & Cambridge Properties (LCP) has added a popular neighbourhood shopping centre in Glasgow to its retail portfolio after it was appointed to manage the development.

LCP has taken on 21 fully occupied retail units at the 65,295 sq.ft Govan Cross Shopping Centre, which was purchased for in excess of £5 million by a company LCP works closely with.

James Buchanan, investment director at LCP, said: “We are committed to growing our property portfolio and the Govan Cross acquisition provides us with yet another excellent opportunity for our proactive asset management team to use their expertise to add further value.”

LCP, a leading West Midlands-based property investment and development company, is continually seeking high yielding investment property acquisitions in the UK. The market is constantly monitored and acquisitions are undertaken where there are real opportunities to enhance returns using LCP’s intensive management approach.

LCP’s largest retail acquisition of the year was the Blossom portfolio at £23.34 million, which comprises 14 retail sites totaling approximately 216,000 sq ft.

Govan Cross Shopping Centre is a popular neighborhood shopping centre located 3 miles West of Glasgow City Centre. It is located at the heart of Govan and is adjacent to Govan Bus Station.  Tenants include Home Bargains, Greggs, Peacocks, Iceland and Subway.

If you have any media enquiries please email kyates@lcpproperties.co.uk

Source:  London & Cambridge Properties (LCP)

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Diebold acquisition of Wincor Nixdorf AG finalized

NORTH CANTON, 2016-Aug-16 — /EPR Retail News/ — Diebold, Incorporated (NYSE: DBD) today (15 August 2016) announced that it has successfully completed the acquisition of Wincor Nixdorf AG through its voluntary takeover offer for all the company’s ordinary shares.  The combined organization will begin operating as Diebold Nixdorf on Tuesday, Aug. 16.

Offer consideration and other transaction details

Under the terms of the takeover offer, Wincor Nixdorf shareholders received €38.98 in cash plus 0.434 Diebold common shares in exchange for each Wincor Nixdorf share. The total offer consideration consists of approximately €891.7 million in cash and 9,928,514 newly issued Diebold common shares. To the extent that Wincor Nixdorf shareholders are entitled to fractional shares, those fractional entitlements will be aggregated and sold in the market and the proceeds of such sale distributed pro rata no later than Aug. 29, 2016.

The Diebold common shares issued to Wincor Nixdorf shareholders commenced trading on the NYSEunder the symbol DBD, and all Diebold common shares commenced trading on the Frankfurt Stock Exchange under ISIN US2536511031 (symbol DBD).

In the United Kingdom, the Diebold and Wincor Nixdorf brands and operations will remain distinct pending completion of the Competition and Markets Authority’s review of the transaction.

Financing, synergy targets and capital allocation plans

The cash portion of the offer consideration is being financed with funds available under Diebold, Incorporated’s existing credit agreement and net proceeds from the issuance and sale of its senior notes due 2024.  Diebold Nixdorf expects to report pro forma net debt/EBITDAi of less than 4x as of September 30, 2016. The combined organization plans to deliver approximately $160 million of annual cost synergies and is targeting a non-GAAP operating margin in excess of 9 percent by the end of the third full year following the closing of the takeover offer. The realization of these synergies and Diebold Nixdorf’s focus on deleveraging its balance sheet is expected to result in net debt/EBITDA below 3x by the end of the third full year. The combined company currently intends to pay a dividend per share at a rate of approximately one-third of Diebold’s current annual cash dividend per share, subject to market and other conditions, expected to be paid on a quarterly basis. Paying regular dividends remains a part of Diebold Nixdorf’s philosophy of returning value to shareholders.

About Diebold
Diebold, Incorporated (NYSE: DBD) provides the technology, software and services that connect people around the world with their money – bridging the physical and digital worlds of cash conveniently, securely and efficiently. Since its founding in 1859, Diebold has evolved to become a leading provider of exceptional self-service innovation, security and services to financial, commercial, retail and other markets.

Diebold has approximately 15,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter: http://twitter.com/DieboldInc.

Cautionary Statement About Forward-Looking Statements
Certain statements contained in this communication regarding matters that are not historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These include statements regarding management’s intentions, plans, beliefs, expectations or forecasts for the future including, without limitation, the business combination with Wincor Nixdorf. Such forward-looking statements are based on the current expectations of Diebold and involve risks and uncertainties; consequently, actual results may differ materially from those expressed or implied in the statements. Such forward-looking statements may include statements about the acquisition of Wincor Nixdorf, the effects of the acquisition on the businesses and financial conditions of Diebold or Wincor Nixdorf, including synergies, pro forma revenue, targeted operating margin, net debt to EBITDA ratios, accretion to earnings and other financial or operating measures.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity, and the development of the industries in which the combined company operates may differ materially from those made in or suggested by the forward-looking statements contained in this document. In addition, risks and uncertainties related to the acquisition include, but are not limited to, the ability to successfully integrate the businesses of Diebold and Wincor Nixdorf, the timing, receipt and terms and conditions of any governmental and regulatory approvals that could reduce anticipated benefits or cause the parties to abandon the business combination, risks associated with the impact of the business combination agreement, the contemplated domination and profit and loss transfer agreement and any related litigation may have on the business and operations of the combined company, risks related to disruption of management time from ongoing business operations due to the acquisition, and the risk that the acquisition could have an adverse effect on the ability of the combined company to retain and hire key personnel and maintain relationships with its suppliers, and on its operating results and businesses generally.

These risks, as well as other risks are more fully discussed in Diebold’s reports filed with the SEC and available at the SEC’s website at www.sec.gov. Any forward?looking statements speak only as at the date of this document. Except as required by applicable law, neither Diebold nor Wincor Nixdorf undertakes any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

i Expected pro forma net debt/EBITDA includes contributions from both Diebold, Incorporated and Wincor Nixdorf as if both companies were operating as a single entity for the 12 months ending September 30, 2016.  Net debt is defined as long-term debt plus short-term debt minus cash and cash equivalents.  Diebold’s management believes that given the significant cash, cash equivalents and other investments on its balance sheet that net cash against outstanding debt is a meaningful net debt calculation.

Diebold defines EBITDA as net (loss) income excluding income tax (benefit) expense, net interest, and depreciation and amortization expense. Diebold defines Adjusted EBITDA as EBITDA before the effect of the following items: income from discontinued operations, net of tax, share-based compensation, foreign exchange loss, net, other (expense) income miscellaneous, net, restructuring expense, and non-routine expenses, net. These are non-GAAP financial measurements used by management to enhance the understanding of our operating results. EBITDA and Adjusted EBITDA are key measures Diebold uses to evaluate our operational performance. Diebold provides EBITDA and Adjusted EBITDA because it believes that investors and securities analysts will find EBITDA and Adjusted EBITDA to be useful measures for evaluating Diebold’s operating performance and comparing its operating performance with that of similar companies that have different capital structures and for evaluating Diebold’s ability to meet its future debt service, capital expenditures, and working capital requirements. However, EBITDA and Adjusted EBITDA should not be considered as alternatives to net income as a measure of operating results or as alternatives to cash flows from operating activities as a measure of liquidity in accordance with GAAP.

Contacts:

Media Relations:
Mike Jacobsen
APR
+1 330 490-3796
michael.jacobsen@diebold.com

Investor Relations:
Steve Virostek
+1 330 490-6319
stephen.virostek@diebold.com

SOURCE: Diebold, Incorporated

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NCR Corporation announces Bank of Oak Ridge and Gorham Savings Bank to deploy its Interactive Teller technology

DULUTH, Ga, 2016-Aug-16 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that the Bank of Oak Ridge, Oak Ridge, N.C. (OTCPink:BKOR), and Gorham Savings Bank, Gorham, Maine, are the latest financial institutions to deploy NCR Interactive Teller technology, bringing NCR’s total number of interactive teller customers beyond 300. This unique software-driven, hardware-enabled disruptive technology enables consumers to interact via high-quality video and audio with their banks’ remote-based video teller.

NCR’s software gives remote tellers full control over each module in specially configured ATMs, enabling them to deliver up to 95 percent of traditional teller transaction services to their customers across extended locations and hours of business.

“We are always on the lookout for new opportunities to provide clients with the most convenient and best banking experience possible,” said Tom Wayne, President at Bank of Oak Ridge. “Deploying NCR’s Interactive Teller Machines enables us to expand our teller hours by 31 percent, offer a better work-life balance for our employees and continue to develop even stronger relationships with our clients and community.”

NCR’s video-enabled Interactive Teller helps financial institutions transform their branch banking offer into an omni-channel proposition, matching the convenience needs of today’s consumer. Branches now can be refocused from being transaction hubs into advisory centers of expertise, helping their customers achieve their financial goals. Consumers who can’t visit a branch during traditional hours can still get the dedicated assistance and support of their financial institution with a remote teller.

“Interactive Teller software offers seamless, reliable service.  Our customers really appreciate the increased convenience and the flexibility of choice on how they interact with our staff” said Kevin Heatley, Director of Technology, SVP, at Gorham Savings.  “We take great pride in bringing innovative banking technologies to our state and the ability to offer our customers banking options to fit their lifestyle.”

“Financial institutions around the world continue to turn to NCR to deliver superior customer experiences with our branch solutions,” said Jed Taylor, general manager, Global Video Services, NCR Corporation. “Bank of Oak Ridge and Gorham Savings Bank are transforming their service while maintaining a personal touch with customers.”

NCR is the global leader in Interactive and Assisted Service Branch technology, enabling financial institutions to cost effectively merge digital convenience with the personal branch experience—delivering amazing consumer experiences and driving increased loyalty and revenue generation for the institution.

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

NCR is headquartered in Duluth, Ga., with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. All other trademarks or registered trademarks are property of their respective owners.

Media Contact:

John Buchholz
(203-948-4550)
john.buchholz@ncr.com

Source: NCR Corporation

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NCR Corporation to provide innovative ATM and Branch Transformation solutions to Kuwait Finance House

KUWAIT, 2016-Aug-16 — /EPR Retail News/ — Kuwait Finance House (KFH), announced that it has selected NCR Corporation (NYSE: NCR), the global leader in omni-channel solutions, to replace its over 300 ATMs with the innovative NCR ATMs, in addition to upgrading the underlying infrastructure to NCR’s APTRA Connections and Branch effectiveness modeling software solution.

As part of this agreement, NCR will provide a host of innovative ATM technologies, including full-function ATM’s with scalable cheque deposit and cash dispenser facilities, in addition to its existing suite of e-marketing solutions powered by NCR APTRA Connections. This will enable the bank to create a modern banking environment with interactive and personalized banking services for its customers.

Deputy General Manager Sales and Distributions at KFH, Khaled Alsubaiei said, “This agreement with a global leader such as NCR will definitely assist KFH in realizing its fullest potential of being the most innovative and advanced Islamic Banking Solutions provider in the country, capable of serving its client base on a 24/7 basis, irrespective of the traditional constraints of working hours or back-office processing. KFH has always been at the forefront of the latest in banking technology initiatives, and this is yet another milestone which will further enhance KFH’s leadership position within the banking sector in Kuwait.”

KFH is also aiming to modernize its entire branch network with NCR’s innovative Branch Effectiveness Modelling (BEM) solution, which comprise a range of consultancy tools that will help the bank to explore customer volumes, transaction mix and service bandwidth, giving KFH a holistic overview of the effectiveness of their branch network as well as areas of improvements.

Alsubaiei indicated that branches remain a critical component of the banking relationship and are physical representation of a brand. “At KFH, we are committed to ensure that all our touch points i.e. ATM’s, kiosk, Online, Call Center or the branch have consistent and exceptional experience at all times,” he added, noting that KFH realizes that the branch today is not the only opportunity to interact with customers face-to-face, especially in today’s technologically-advanced world, but it is most definitely the primary touch point, and we wanted to ensure that our modern branches powered with NCR’s BEM solutions will help us provide exceptional experience for every customer visiting our branches.”

“This win is of immense significance to NCR as it reiterates the trust that KFH has in NCR technology and solutions, especially when the bank is moving towards upgrading its customer touch points to meet expectation of today’s modern customers,” said Wael Elaawar, NCR managing director for Financial Service in the Middle East. ”By implementing this complete solution from NCR, KFH is aiming at enhancing its productivity, expanding its market share, increasing customer retention, improving customer satisfaction and reducing operational costs”.

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

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

Web sites: www.ncr.com, www.ncrsilver.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

Media Contact:
Rakesh Aulaya
NCR Corporation
912.261.954.583
rakesh.aulaya@ncr.com

Source: NCR

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The Bon-Ton Stores, Inc. completes the closing of new $150 million ABL Term Loan

YORK, Pa, 2016-Aug-16 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) announced today (August 15, 2016) that it has successfully completed the closing of a new $150 million ABL Term Loan that matures in March 2021.

The new $150 million ABL Term Loan replaces the existing $100 million A-1 Tranche of the Company’s credit facility and increases the total commitment under the facility to $880 million. The ABL Term Loan was placed with institutional lenders and bears interest at a rate of LIBOR plus 950 basis points.  The Company will use approximately $75 million of the net proceeds to reduce all amounts currently outstanding under the existing A-1 tranche of its credit facility which matures in  December, 2018, and the balance of the net proceeds will be used to enhance the Company’s liquidity and retire the remaining $57 million of its Senior Notes due 2017.

In commenting on the transaction, Nancy Walsh, Bon-Ton’s Executive Vice President, Chief Financial Officer said, “We are pleased to announce this refinancing which enhances our borrowing capacity and extends our debt maturities.  We have successfully added liquidity which will facilitate the retirement of our 2017 Notes.  We appreciate the strong support of our existing bank group as well as the new institutional lenders in the ABL Term Loan.”

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 267 stores, which includes nine furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates.  The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings.  For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.  Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes or to refinance existing indebtedness; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Investor Relations:
Wendy Wilson
414-347-5153
Wendy.Wilson@bonton.com

Source: The Bon-Ton Stores, Inc.

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RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for the month of August

TORONTO, ONTARIO, 2016-Aug-16 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today ( Aug. 15, 2016) announced a distribution of 11.75 cents per unit for the month of August. The distribution will be payable on September 8, 2016 to unit holders of record as at August 31, 2016.

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $15 billion as at June 30, 2016. RioCan owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 302 Canadian retail and mixed use properties, including 15 properties under development, containing an aggregate net leasable area of 45 million square feet. For further information, please refer to RioCan’s website at www.riocan.com.

Contact Information:
RioCan Real Estate Investment Trust
Christian Green
Assistant Vice President, Investor Relations & Compliance
416-864-6483
www.riocan.com

Source: RioCan Real Estate Investment Trust

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Lindex unveils Autumn/Winter 2016 collection

Lindex unveils Autumn/Winter 2016 collection
Lindex unveils Autumn/Winter 2016 collection

 

Gothenburg, Sweden, 2016-Aug-16 — /EPR Retail News/ — Lindex Autumn 2016 lookbook presents a strong and conceptual collection inspired by soft femininity and classic sharp 60’s details and silhouettes.

“For autumn 2016, we have focused on different types of silhouettes to create strong and contemporary looks. The A-line and ankle length pieces are a nod to the 60’s trend. We also wanted to embrace feminine influence by adding the flattering bell shape to jumpers, skirts and dresses”, says Annika Hedin, Lindex Head of Design.

Lindex autumn collection is built around silhouettes and shapes, with dense and bouncy fabrics, hairy yarns, graphic patterns as well as intricate details such as statement zip pulls and matte metal buttons. The oversized balloon sleeves seen on beautiful knitwear are another unique detail to the new collection.

The colour palette is strong with hues of deep berry and wine, dark navy, black, orange, green and teal.

Lindex autumn collection launches in store and at lindex.com from September 2016.

For more information, please contact:

Filippa Tarras-Wahlberg
PR/Press, Lindex
Tel: 46 31 739 53 13
E-mail: filippa.tarras-wahlberg@lindex.com

Source: Lindex

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Kroger announces new health and wellness campaign with The Little Clinic and Feeding America®

CINCINNATI, 2016-Aug-16 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced a new health and wellness campaign in partnership with The Little Clinic and Feeding America®, the nation’s largest domestic hunger relief organization. From August 15, 2016 through April 1, 2017 Kroger will donate one meal through the Feeding America network of food banks for every flu shot administered at all Kroger family of pharmacies or The Little Clinic locations.

“At Kroger, receiving the flu shot this year will do more than protect you and your families’ health. Throughout this flu season, we’ll provide a meal for a neighbor struggling with hunger for every flu shot administered in our pharmacies or The Little Clinic locations nationwide,” said Philecia Avery, Kroger’s vice president of Pharmacy. “Kroger has a long history of bringing help and hope to our neighbors in need in the communities we serve. We’re proud to continue that tradition by bringing health and wellness to our local communities, as well.”

Every year in the United States more than 200,000 individuals are hospitalized by influenza. The Centers for Disease Control and Prevention recommends a yearly flu vaccination for everyone 6 months and older by the end of October. Flu shots can reduce the risk of more serious symptoms and outcomes, including flu-related hospitalizations.

“Our goal is to provide quality and affordable healthcare for our customers,” said Colleen Lindholz, president of The Little Clinic. “Healthcare experts recommend a yearly vaccination as the best protection from the flu. This campaign allows us to address two community needs simultaneously.”

“Kroger is a true visionary partner committed to our mission to feed people facing hunger in America,” said Diana Aviv, CEO of Feeding America. “This new health and wellness campaign is invaluable not only for Kroger customers, but also for the 46 million food-insecure Americans who receive food and groceries from our network of food banks.”

About Feeding America
Feeding America is a nationwide network of 200 food banks that leads the fight against hunger in the United States. Together, we provide food to more than 46 million people through food pantries and meal programs in communities throughout America. Feeding America also supports programs that improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Individuals, charities, businesses and government all have a role in ending hunger. Donate. Volunteer. Advocate. Educate.  Together we can solve hunger. Visit http://www.feedingamerica.org/. Find us on Facebook at www.facebook.com/FeedingAmerica or follow us on Twitter at www.twitter.com/FeedingAmerica.

About The Little Clinic
Founded in 2003 and headquartered in Nashville, Tenn., The Little Clinic is a pioneer in customer-focused healthcare with a mission to provide quality, convenient, affordable healthcare and wellness education. A wholly-owned subsidiary of The Kroger Co., The Little Clinic health care clinics are currently located inside select Kroger stores in Georgia, Kentucky, Tennessee, Mississippi, Virginia, Indiana and Ohio; King Soopers in Colorado; Fry’s Food Stores in Arizona; and JayC stores in Indiana. The Little Clinic was awarded The Joint Commission Gold Seal of Approval™ in 2009 and obtained reaccreditation in 2012 and 2015. Visit The Little Clinic online at www.thelittleclinic.com, www.facebook.com/thelittleclinic and www.thelittleclinic.blogspot.com.

About Kroger
Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 431,000 associates who shop or serve in 2,778 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to 2,230 pharmacies, 785 convenience stores, 323 fine jewelry stores, 1,400 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.

Media Contact:

Keith Dailey
Director, Media Relations/Corporate Communications
Office: 513-762-1304
Cell: 513-257-4955
Email: keith.dailey@kroger.com

 

SOURCE: Kroger

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Starbucks announces the expansion of its York, Pa. distribution center

Starbucks announces the expansion of its York, Pa. distribution center
Starbucks announces the expansion of its York, Pa. distribution center

 

YORK, PA., 2016-Aug-16 — /EPR Retail News/ — The York Distribution Center expansion will increase Starbucks distribution capacity by 35 percent and will support the company’s deliveries to more than 3,000 Starbucks® stores across the Northeastern United States and parts of Canada and Europe. The distribution center is adjacent to Starbucks York Roasting Plant – one of the largest coffee roasting plants in the world. Based in York for 21 years, the plant employs more than 500 people and roasts over 3 million pounds of coffee each week.

“As we looked at our long-term growth plans for the business, and the current demands for distribution at scale, we needed to invest in additional capacity,” said Jim Wells, vice president of Starbucks Distribution and Supply Chain Operations. “Since opening our roasting facility here in 1995 with just a handful of people, we now have more than 500 full-time partners with plans to hire 300 more over the next three to five years. We’ve invested in the community of York for the past 21 years, and there’s no better location to continue to grow our business and create jobs and economic development.”

The facility is the single largest speculative project built in the area to date by Hillwood, the real estate developer for the project. “Central Pennsylvania’s continued growth creates an ideal area for logistics operators to expand their presence,” said Gary Frederick, Senior Vice President and Market Leader for Hillwood’s Northeast U.S. industrial business. “With numerous sites under construction, Hillwood sees continued growth and steady demand for industrial space in the market.”

“We are delighted that we are able to continue to work with Starbucks in 2016 as the company launches plans to increase its physical presence in York County and create 300 new jobs,” said Loren Kroh, Interim President and CEO, York County Economic Alliance.

Investing in Starbucks Inclusion Academy
As part of this expansion, the company will also further invest in The Starbucks Inclusion Academy, which is a unique on-the-job training program that helps individuals with disabilities gain meaningful work experience in manufacturing, warehousing and distribution roles. The academy’s six-week program runs throughout the year and has resulted in many participants being offered full-time positions at the Starbucks facility.

The Starbucks Inclusion Academy program formally launched in 2014 at the company’s roasting plant in Carson City, Nevada. Starbucks is collaborating with Nevada’s Department of Employment, Training and Rehabilitation (DETR) to execute the training program. The York plant is the second Starbucks facility to adopt the program. Similar training opportunities are being evaluated for the rest of Starbucks manufacturing plants and distribution centers across the nation.

Media contact:

Global
Phone: 206 318 7100
Email: press@starbucks.com

Source: Starbucks

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Nordstrom announces new Nordstrom Rack store at South Edmonton Common in Edmonton, Alberta to open in fall 2018

SEATTLE, 2016-Aug-16 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced plans to open a Nordstrom Rack at South Edmonton Common in Edmonton, Alberta. The approximately 35,000-square-foot store is scheduled to open in fall 2018. The property is owned and managed by Cameron Corporation and CREIT.

The store will be located in south Edmonton, directly adjacent to the intersection of Highway 216 and Highway 2, in one of the city’s highest traffic areas. Other retailers at South Edmonton Common include Ikea, Marshall’s, H&M, Banana Republic and Gap Factory Outlets.

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

“We want to be in compelling locations with a great retail mix, and we feel our new store at South Edmonton Common helps us to achieve that goal,” said Karen McKibbin, president of Nordstrom Canada.  “We look forward to introducing ourselves to customers in Edmonton and bringing them great brands at great prices.”

“We have been very fortunate to accommodate a number of retail firsts to the city at South Edmonton Common,” said Tina Naqvi, President of Cameron Corporation. “Given the considerable brand strength of Nordstrom, we are extremely pleased that they have chosen this location as part of their Canadian expansion plans, and we are excited to include them in that list.”

Nordstrom first announced plans to expand to Canada in 2012 and to date has opened three full-line stores in Calgary at CF Chinook Centre on September 19, 2014; CF Rideau Centre in Ottawa on March 6, 2015 and CF Pacific Centre in Vancouver on September 18, 2015. The company will open three additional full-line stores in the Toronto area including CF Eaton Centre on September 16, 2016, Yorkdale Shopping Centre on October 21, 2016 and CF Sherway Gardens, fall 2017.

About Nordstrom
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 329 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico; 200 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

About South Edmonton Commons
South Edmonton Common is one of North America’s largest and most successful open-air retail shopping centres, with over 2.4 million square feet of retail space and featuring over 150 stores and services (many being first-to-market), making South Edmonton Common the preeminent shopping, dining and entertainment destination for the entire region.
(www.southedmontoncommon.com)

About Cameron Corporation
Cameron Corporation is an Edmonton, Alberta based real estate development company, specializing in commercial development projects of the highest standard and quality. Well established and privately held, Cameron has participated in real estate development transactions totaling in excess of 10 million square feet.  Cameron is considered one of the most active commercial development companies in the Alberta market, as it continues to diversify and expand through its multi-faceted role as owner, developer, and manager. (www.cameron-corporation.com)

About CREIT
CREIT is a public real estate investment trust (REIT) traded on the Toronto Stock Exchange (TSX) under the symbol REF.UN.  Its primary business objective is to accumulate a portfolio of high-quality real estate assets and to deliver the benefits of real estate ownership to its investors.  Since being listed on the TSX in September of 1993, CREIT has consistently delivered reliable distributions to its investors and has generated attractive long-term returns. (www.creit.ca)

MEDIA CONTACTS:

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

Tony Rota
Cameron Development Corporation
(780) 424-8008 Ext. 109
tony@cameron-corporation.com

SOURCE Nordstrom, Inc.

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Ulta Beauty to host 2Q2016 results conference call on August 25, 2016

BOLINGBROOK, Ill, 2016-Aug-16 — /EPR Retail News/ — Ulta Beauty (NASDAQ: ULTA) today announced that the Company will conduct a conference call to discuss its second quarter 2016 results on Thursday, August 25, 2016 at 5:00 p.m. Eastern Time / 4:00 p.m. Central Time. A press release detailing the Company’s second quarter 2016 results will be issued after the market closes and prior to the call. The conference call will be hosted by Mary Dillon, Chief Executive Officer, and Scott Settersten, Chief Financial Officer.

Investors and analysts interested in participating in the call are invited to dial (877) 705-6003. The conference call will also be webcast live at http://ir.ulta.com. A replay of the webcast will remain available for 90 days. A replay of the conference call will be available until 11:59 p.m. ET on September 8, 2016 and can be accessed by dialing (877) 870-5176 and entering conference ID number 13642433.

About Ulta Beauty
Ulta Beauty (NASDAQ: ULTA) is the largest beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. Since opening its first store in 1990, Ulta Beauty has grown to become the top national retailer providing All Things Beauty, All in One Place™. The Company offers more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty’s own private label. Ulta Beauty also offers a full-service salon in every store featuring hair, skin and brow services. Ulta Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading Ultamate Rewards loyalty program. As of July 30, 2016, ULTA Beauty operates 907 retail stores across 48 states and the District of Columbia and also distributes its products through its website, which includes a collection of tips, tutorials and social content. For more information, visit www.ulta.com.

Contact:

Scott Settersten
Chief Financial Officer
(630) 410-4807

Laurel Lefebvre
Vice President, Investor Relations
(630) 410-5230

Karen May
Director, Public Relations
(630) 410-5457

Source: Ulta Beauty

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Equity One, Inc. declares cash dividend of $0.22 per share

New York, NY, 2016-Aug-16 — /EPR Retail News/ — Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today that its Board of Directors has declared a cash dividend of $0.22 per share of its common stock for the quarter ending September 30, 2016, payable on September 30, 2016 to stockholders of record on September 16, 2016.

ABOUT EQUITY ONE, INC.
As of June 30, 2016, the company’s portfolio comprised 122 properties, including 97 retail properties and five nonretail properties totaling approximately 12.2 million square feet of gross leasable area, or GLA, 14 development or redevelopment properties with approximately 2.9 million square feet of GLA, and six land parcels. As of June 30, 2016, the company’s retail occupancy excluding developments and redevelopments was 96.3% and included national, regional and local tenants. Additionally, the company had joint venture interests in six retail properties and two office buildings totaling approximately 1.4 million square feet of GLA. To be included in the company’s e-mail distributions for press releases and other company notices, please click here or send contact details to Investor Relations at investorrelations@equityone.com.

Contact:

Equity One, Inc.
410 Park Avenue, Suite 1220
New York, NY 10022
212-796-1760

For additional information:

Matthew Ostrower
EVP and Chief Financial Officer

Source: Equity One, Inc.

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John Lewis launches new initiative ‘Locally Made’ to enhance its support of local UK suppliers and manufacturers

London, 2016-Aug-16 — /EPR Retail News/ — John Lewis has today ( 14 August 2016) announced ‘Locally Made’, a new initiative to enhance its support of local UK suppliers and manufacturers. The project will see the retailer bring together locally designed and made products from across the country in a dedicated area in its shops.

The project will kick-start in John Lewis Leeds (opening 20 October 2016) which will stock over 120 products from 11 local Yorkshire suppliers including Masons Yorkshire Gin and the Harrogate Candle Company. All of the suppliers are based within a 30 mile radius of Leeds. The products will also be available on the John Lewis website, broadening their exposure and making them available to shoppers across the country.

Over the next few months, John Lewis shops in Edinburgh, Glasgow and Cardiff will also increase their range of locally made products, followed by new shops opening next year in Oxford and Westfield London.

The project is in partnership with Harrogate-based The Great British Exchange (GBE) which launched in 2014 and sources artisanal products from new designers, established makers, independent businesses and British-based factories from across the UK. It provides direct support for independent suppliers, making their products available in national retailers and easily accessible for shoppers.

Anna Rigby, Head of Buying for Home Accessories and Gifts at John Lewis, said: ‘We know that our customers are interested in the provenance of products and as a British retailer, we’re proud to support British design and quality by sourcing locally. Our Made Locally campaign, in partnership with The Great British Exchange, will help us strengthen our existing local supplier base and inevitably champion more British designers and manufacturers.’

Matthew Hopkins, Managing Director at The Great British Exchange, said: ‘The essence of The Great British Exchange is to provide a stepping stone into retail for British manufacturers and it’s a one-stop-shop for retailers looking for British made products. We work hard to provide a route to market for new British manufacturers and designers. I’m very proud of our partnership with John Lewis, which creates fantastic ongoing opportunities for more locally sourced products to be sold in one of the UK’s most prestigious retailers.’

John Lewis has a rich heritage when it comes to working with British manufacturers. The retailer has already established relationships with local suppliers at several of its existing shops, including John Lewis Cardiff which has 80 Welsh product lines and its shop in Birmingham which has several ‘Made in the Midlands’ products including suppliers from the city’s famous Jewellery Quarter.

John Lewis own-brand furnishing fabrics, duvets and pillows are also manufactured at its own textiles mill, Herbert Parkinson, founded in 1934 in Lancashire. Its own-brand mattresses are produced by Spink & Edgar, a family-owned business based in Yorkshire.

Notes to editors
John Lewis – John Lewis operates 46 John Lewis shops across the UK (32 department stores, 12 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as johnlewis.com. It is part of the John Lewis Partnership, the UK’s largest example of worker co-ownership and all 30,000 John Lewis staff are Partners in the business.

John Lewis stocks more than 350,000 separate lines in its department stores and johnlewis.com across fashion, home and technology, and was named  ‘Best In-Store Experience’, ‘Best Clothing Retailer,’ ‘Best Electricals Retailer,’ ‘Best Furniture Retailer,’ ‘Best Homewares Retailer’ and ‘Best Click & Collect Retailer’ in the 2016 Verdict Customer Satisfaction awards.

Johnlewis.com is consistently ranked one of the top online shopping destinations in the UK. John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter
www.johnlewis.com/facebook
www.johnlewis.com/youtube.

General enquires:
For further information please contact:

Vikki Speed
Senior Communications Officer, Corporate & Brand
Telephone: 0207 931 4921
Email: vikki.speed@johnlewis.co.uk

Source: John Lewis

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The Michaels Companies, Inc. to report second quarter results on August 25, 2016

IRVING, Texas, 2016-Aug-16 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it will report second quarter results on Thursday, August 25, 2016, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Thursday, August 25, 2016, to discuss the financial and operational results.

Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: http://dpregister.com/10091269.  Callers who pre-register will be given a conference call passcode and a unique PIN to gain immediate access to the call and bypass the live operator.  Participants may pre-register at any time, including up to and after the call start time.

Investors without internet access or who are unable to pre-register can join the call by dialing (866) 777-2509 or (412)-317-5413.

The conference call will also be webcast at http://investors.michaels.com/. To listen to the live call, please go to the website at least 15 minutes before the call is scheduled to begin to register and download any necessary audio software. The webcast will be accessible for 30 days after the call.  Additionally, a telephone replay will be available until September 8, 2016, by dialing (877) 344-7529 or (412) 317-0088, access code 10091269.

About The Michaels Companies, Inc.
The Michaels Companies, Inc. is North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator.  As of April 30, 2016, the Company owned and operated 1,352 stores in 49 states and Canada under the brands Michaels, Aaron Brothers, and Pat Catan’s.  The Michaels Companies, Inc., also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the craft, gift and decor industry.  The Michaels Companies, Inc. produces a number of exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland®, Celebrate It®, Art Minds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Make Market®, Foamies®, LockerLookz®, and Sticky Sticks®. Learn more about Michaels at www.michaels.com.

Investor Contacts:
Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com

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

Financial Media Contacts:
ICR, Inc.
Michael Fox/Kristina Jorge
203.682.8200
Michaels@icrinc.com 

Source: Michaels Stores, Inc.

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Federated Co-operatives Limited announces the appointment of Tony Van Burgsteden as Vice President Finance

Saskatoon, SK, Canada, 2016-Aug-16 — /EPR Retail News/ — Chief Executive Officer Scott Banda is pleased to announce the appointment of Tony Van Burgsteden as Federated Co-operatives Limited’s (FCL) Vice-President Finance, effective October 3, 2016.

Tony presently is FCL’s Associate Vice-President, Controls and Reporting, a position he has held since joining FCL in April 2015. He also presently serves as the General Manager of Interprovincial Cooperative Limited (IPCO).

Prior to joining FCL, Tony was the Vice-President Finance and Chief Financial Officer for AREVA Resources Canada Inc., where he was a member of the senior management team and oversaw all accounting, finance, risk, tax, insurance and budget functions. In addition, he has experience with many joint-venture committees, major projects, technology systems and corporate social responsibility including government relations and First Nations relationships. While at AREVA, Tony also held the positions of Director, Finance and Accounting; Manager, Finance and Accounting; Superintendent, Finance and Accounting; and Financial and Taxation Accountant.

Tony was raised on a farm near Kinistino, Sask. He worked with Agriculture and Agri-Food Canada and then went on to earn a Bachelors of Commerce from the University of Saskatchewan before starting his accounting career with KPMG in Saskatoon and continuing it with KPMG in Almaty, Kazakhstan. He is a Chartered Financial Analyst (CFA) and a Chartered Professional Accountant (CPA, CA).

Tony has been active in the business community and has just completed his fifth year as a board member of the Greater Saskatoon Chamber of Commerce where he served as its President in 2014-15. Tony has also served as a long-term board member of Junior Achievement of Saskatchewan and the Saskatoon Chapter of the Treasury Management Association of Canada.

In his new role, Tony will contribute to the strategic direction and management of FCL and its subsidiaries, be a strong advocate and role model for FCL’s values, vision, mission and brand, and provide executive leadership and direction to the enterprise wide Finance Business Unit.

Please join Scott in welcoming Tony to his new role as Vice-President Finance.

Contact:

PHONE: 306.244.3311
FAX: 306.244.3403
GENERAL INQUIRIES: inquiries@fcl.ca
GENERAL CAREER INQUIRIES: careers@fcl.ca

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Federated Co-operatives Limited announces the appointment of Tony Van Burgsteden as Vice President Finance
Federated Co-operatives Limited announces the appointment of Tony Van Burgsteden as Vice President Finance

 

Source: Coop

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Auntie Anne’s® takes over from independent franchisee and reinstating all employees of Dickson, Tennessee, Store

LANCASTER, Pa., 2016-Aug-16 — /EPR Retail News/ — Auntie Anne’s ®, the world’s largest hand-rolled soft pretzel franchise, today announced plans to take ownership of, and operate, the Dickson, Tennessee, Auntie Anne’s location, effective Friday, August 12.

Earlier this week, an employee at the franchise location in Dickson made an accusation of discrimination against a potential franchisee of that location, which was scheduled to be transferred from the current owner on August 10. That potential franchisee will no longer be purchasing the store. Under corporate ownership, Auntie Anne’s intends to offer employment to all of the store’s former employees, including Kami Watkins Tucker and Keri Watkins, subject to normal hiring practices.

“Auntie Anne’s is deeply committed to a diverse and inclusive workplace,” said Heather Neary, president of Auntie Anne’s. “We have a long, proud history of supporting everyone, without exception, in the communities in which we operate. It is vital that all of our franchisees and associates uphold our brand standards and values.”

The store, located inside of the Walmart at 175 Beasley Drive in Dickson, is scheduled to reopen this Friday at 10:00 a.m. CT.  Ms. Neary will be on hand at the location to welcome back Kami Watkins Tucker, Keri Watkins, and the entire store crew. Guests are invited to stop by this store from 10 a.m. to 2 p.m. to enjoy one free Original or Cinnamon Sugar pretzel.

“Auntie Anne’s began nearly 30 years ago as a company founded on the principle of caring for others. We have proudly and sincerely continued that tradition ever since, and will continue to do so,” Ms. Neary said.

About Auntie Anne’s®:
At its more than 1,600 locations around the world, Auntie Anne’s mixes, twists and bakes pretzels from scratch all day long in full view of guests. Auntie Anne’s can be found in malls, outlet centers, and Walmarts, as well as in non-traditional spaces including universities, airports, travel plazas, amusement parks, and military bases. In addition, it has extended the brand onto retailers’ shelves and also serves as a distributor for fundraising products. Available at select retailers nationwide, pretzel fans can enjoy Auntie Anne’s prepare-at-home products, from frozen Classic and Cinnamon Sugar Soft Pretzels and Pretzel Nuggets, to frozen Pretzel Dogs and Pretzel Pocket Sandwiches, to a versatile Pretzel Baking Kit. For more information, visit www.auntieannes.com, or follow on Facebook, Twitter and Instagram.

Media Contact:

Chas Kurtz
Public Relations Manager
ckurtz@auntieannesinc.com
(717) 435-1612

Source: Auntie Anne’s