MPPA opens its new Hypermart G7 store at Citimall Baturaja in South Sumatera

Lippo Village, Tangerang, 2016-Oct-29 — /EPR Retail News/ — PT Matahari Putra Prima Tbk (MPPA), a multi-format modern retailer in Indonesia, which operates Hypermart, SmartClub, Foodmart, Boston Health & Beauty and FMX, today (October 27, 2016) proudly opens its new Hypermart G7 store at Citimall Baturaja in South Sumatera.

MPPA keeps continuing to execute and deliver its expansion strategy throughout the country with a series of new store openings across its business formats. The Hypermart Baturaja Citimall is 20th store within Sumatra Island.

The new store is strategically located within the growing province of South Sumatera along with other existing Hypermart stores already operating in the city of Palembang and other areas within the province. The store has adopted the latest G7 concept with gross selling area of ± 6,500 m². This format features a new and improved store design. The new retail offering from Hypermart G7 will certainly add the MPPA’s strength as the dominant modern retail player in Sumatera.

MPPA’s Director of Public Relations and Communications, Danny Kojongian stated, “We are delighted to open our latest new Hypermart G7 store at Baturaja, South Sumatera. We would ensure that our quality product assortments and unparalleled retail services would bring a positive impact of modern retail offerings in Baturaja and South Sumatera, support the positive impact toward regional economy as well as provide the best services for the modern lifestyle in the region.”

About PT Matahari Putra Prima Tbk (MPPA)

PT Matahari Putra Prima one of Indonesia largest retailers employs more than 13,000 associates who serve customers in 112 Hypermarkets (Hypermart), 25 Supermarkets (Foodmart Primo/Fresh), 52 Minimarket/ Convenience stores (FMX), 106 Health and Beauty format stores (Boston) and 2 Wholesale (SmartClub). As of 30 June 2016, MPPA operates 297 stores in 68 cities throughout Indonesia.

MPPA continues to receive both domestic and international acknowledgement with several awards such as: Anugerah Indonesia TBK Company -III- 2016 (APTI-III-2016) – Top 150 Best Public Listed Companies in Indonesia, 2016 SWA 100: Indonesia’s Best Wealth Creator, 2016 Brandz™ Top 50 Most Valuable Indonesia Brands by Millward Brown & WPP, The Charter Award concerning the environmental standards from Ecolabel & Green Label Indonesia by the Ministry of Environment and Forestry of Republic of Indonesia, 2015 Indonesia WOW Brand by MarkPlus Inc, 2015 Top 50 Most Valuable Indonesian Brands by Millward Brown, 2015 Indonesia Best eMark Award by SWA & Telkom University, and 2015 Top 10 Retailers Certificate of Distinction by Retail Asia.

Contact:

corporate.communications@hypermart.co.id

Source: PT Matahari Putra Prima Tbk (MPPA)

Tops Friendly Markets celebrates Halloween with contests and parades for the whole family

WILLIAMSVILLE, N.Y., 2016-Oct-28 — /EPR Retail News/ — Tops Friendly Markets, a leading full-service grocery retailer in New York, northern Pennsylvania, western Vermont, and north central Massachusetts wants to welcome you and your family to celebrate Halloween in a spooktacular fashion this October. From free costume contests and parades, to in store trick or treating and sampling of tasty treats, Tops is ready to celebrate the season with all of your cute ghosts and goblins! For a complete listing of stores and their respective activities, please see below:2382 Route 19, Warsaw, NY – 10:00 am – 2:00 pm, 10/29/16: In-store trick or treating.

4777 Transit Rd., Depew, NY – All Day, 10/29/16: In-store trick or treating.

450 West Ave., Rochester, NY – 12:00-2:00 pm, 10/29/16: In-store trick or treating. The Rochester Fire Department will be present with their Fire Truck & Fire Safety House.

12775 Broadway, Alden, NY – 2:00 – 4:00 pm, 10/30/16: In-store trick or treating. Costume contest. Cider & donuts party in Playland for kids.

9 Leather St., Sheffield, PA – 6:00 – 8:00 pm, 10/30 & 10/31/16: In-store trick or treating.

360 W. Pulteney St., Corning, NY – 6:00 – 8:00 pm, 10/31/16: Children’s Halloween parade.

4235 Military Rd., Town of Niagara, NY – 3:00 – 8:00 pm, 10/31/16: In-store trick or treating.

3035 Niagara Falls Blvd., Amherst, NY – 4:00 – 6:00 pm, 10/31/16: In-store trick or treating.

301 Meadow Dr., N. Tonawanda, NY – All Day, 10/31/16: In-store trick or treating.

11200 Mapleridge Rd., Medina, NY – 4:00 – 6:00 pm, 10/31/16: Candy at the registers for kids shopping w/ their parents.

Tops Markets, LLC, is headquartered in Williamsville, NY and operates 172 full-service supermarkets with five additional by franchisees under the Tops banner. Tops employs over 16,000 associates and is a leading full-service grocery retailer in New York, northern Pennsylvania, western Vermont, and north central Massachusetts. For more information about Tops Markets, visit the company’s website at www.topsmarkets.com.

CONTACT: 

Kathy Romanowski
716-635-5577

Source: Tops Markets

 

SpartanNash TO announce its 3Q FY2016 financial results on Wednesday, November 9, 2016

Byron Center, MI, 2016-Oct-28 — /EPR Retail News/ — SpartanNash Company (the “Company”) (Nasdaq: SPTN) will announce its third quarter fiscal year 2016 financial results after the stock market close on Wednesday, November 9, 2016.

The Company will host a conference call to discuss these results with additional comments and details on Thursday, November 10, 2016 at 9:00 a.m. ET. The call will be broadcast live over the Internet hosted at SpartanNash’s website at www.spartannash.com/webcasts under the “Investor Relations” section and will remain available for replay on the Company’s website for approximately ten days.

About SpartanNash

SpartanNash (SPTN) is a Fortune 400 company and the leading distributor of grocery products to military commissaries in the United States. The Company’s core businesses include distributing grocery products to military commissaries and exchanges and independent and Company-owned retail stores located in 47 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. SpartanNash currently operates 159 supermarkets, primarily under the banners of Family Fare Supermarkets, Family Fresh Markets, D&W Fresh Markets, and Sun Mart.

Investor Contact:
Chris Meyers
Executive Vice President & CFO
(616) 878-8023

Media Contact:
Meredith Gremel
Vice President Corporate Affairs and Communications
(616) 878-2830

Source: SpartanNash Company

China: SPAR opens two stores in Meizhou, Guangdong

Meizhou, China, 2016-Oct-28 — /EPR Retail News/ — The city of Meizhou in the Chinese province of Guangdong has welcomed its first two SPAR stores – bringing the brand to the local Meizhou community for the first time.

SPAR Wanda was the first to open. It was unveiled on 23 September and set the tone for SPAR’s expansion into Meizhou. The store was designed and developed in the hypermarket format, covering an area of 8,800 m2, on the second and third floors of the Wanda Shopping Mall. In total, 20,000 products are on offer in this store, from fresh food and grocery items to fashion accessories.

The SPAR Wanda opening was followed by the launch of SPAR Jailing Aoyuan on 28 September. This too is a hypermarket, covering 10,000m2 and three floors.

SPAR Guangdong has plans in place to open more SPAR stores in Meizhou, with a total sales area of 40,000m2, creating more than 2,000 jobs in the next three years. The third SPAR store in Meizhou is set to open in December.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

Wendy’s brings new consumer experience to its new stores in Brazil with NCR technology

São Paulo, 2016-Oct-28 — /EPR Retail News/ — The Wendy’s Company (NASDAQ: WEN) has opened its first two stores in Brazil, in the city of São Paulo. With capacity for over 140 people, Wendy’s is transforming the customer experience across its restaurants thanks to the technology provided by NCR Corporation (NYSE: NCR), a global leader in omni–channel solutions.

Wendy’s has rolled out NCR Vitalcast digital signage solution at its restaurant entrances, enabling the brand to promote its menu and promotions in a new way. After ordering and paying at the point-of-sale (POS) terminal, guests are given a device enabled with geolocation capabilities that enables the staff to bring the order directly to the customer wherever the customer is seated.

“Our goal is to deliver quality products in the shortest time possible. And more than that, customer convenience is our top priority, so we invest in technologies that enable us to automate internal processes and ensure customers get their food as quickly as possible,” said Marcel Gholmieh, from Wendy’s.

To structure these and other restaurant operations, “NCR was our chosen partner because it complemented our own working ethos and approach, which aims to provide the best experience to the Brazilian consumer,” says Wendy’s Marcel Gholmieh.

Cutting-edge technology
Wendy’s uses the NCR Aloha POS software that facilitates the management of daily activities and internal processes, with resources for reporting, menu management, customizable screens and a user-intuitive interface. The solution also includes increased data security for cloud storage between other points that make management more simple and secure with detailed control activities.

With fast service key to Wendy’s offering, the restaurant also uses the NCR Aloha Kitchen – a solution that ensures the management and control of kitchen orders straight from the POS terminal.

NCR Aloha Kitchen enables the analysis of production time of each dish of the restaurant, and allows order visualization in detail to time perfectly the different elements of the order so that customers receive high quality food quickly.

Mobility and productivity
Wendy’s is also using the NCR Pulse Real–Time, a mobile app that provides visibility of sales performance, labor and much more in real time.  NCR Pulse Real-Time enables senior and regional managers to better understand the performance of their restaurants wherever they are.

“The arrival of Wendy’s in Brazil shows how promising the hospitality sector is in the country. We are delighted to be working with this renowned fast food chain to provide the best solutions available in the market for restaurant operations,” Ricardo Carreon, director general for the Hospitality NCR market in Latin America and the Caribbean, “Due to the constant investment NCR makes in innovation, we can offer the best solutions, from hardware to software and services, and make daily activities more efficient with a differentiated experience consumer.”

The arrival of Wendy’s in Brazil is the result of the joint venture between Infinity Services, Starboard and a subsidiary of Wendy’s Company.

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, 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. The company encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.

Website: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: http://linkd.in/ncrgroup
YouTube: www.youtube.com/user/ncrcorporation

Brazilian Media Contact – NCR:
DFREIRE Comunicação e Negócios – (11) 5105 – 7171
Debora Freire – debora@dfreire.com.br – (11) 99976 – 1165
Paula Ires – paula@dfreire.com.br – (11) 98594 – 8848

US Media Contact:
Tim Henschel
NCR Corporation
770.299.5100
tim.henschel@ncr.com

Source: NCR Corporation

Cabela’s Incorporated reports 3Q FY 2016 financial results

  • Third Quarter GAAP Diluted EPS of $0.41 and Non-GAAP Diluted EPS of $0.53
  • Total Revenue Increased 7.6% to $996.5 Million
  • SD&A Leverage of 20 Basis Points on a GAAP Basis and 90 Basis Points on a Non-GAAP Basis
  • Cabela’s CLUB® Avg. Receivables Grew 14.8%
  • Internet and Catalog Sales Increased 3.6%
  • U.S. Retail Comparable Store Sales Decreased 1.8% on a Shift-Adjusted Calendar Basis

SIDNEY, Neb., 2016-Oct-28 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today (Oct. 26, 2016) reported financial results for third quarter fiscal 2016. The Company accelerated the timing of its earnings press release so that it could provide financial information to certain third parties in connection with the pending acquisition of the Company by Bass Pro Shops.

For the quarter, total revenue increased 7.6% to $996.5 million; revenue from retail store sales increased 8.1% to $688.6 million; Internet and catalog sales increased 3.6% to $167.4 million; and Financial Services revenue increased 8.8% to $134.5 million. During the period, adjusted for the shift in weeks, U.S. comparable store sales decreased 1.8% and consolidated comparable store sales decreased 2.3%.

For the quarter, net income decreased 35.4% to $28.2 million compared to $43.7 million in the year ago quarter, and earnings per diluted share were $0.41 compared to $0.62 in the year ago quarter. Adjusted for certain items, the Company reported third quarter net income of $36.8 million and earnings per diluted share of $0.53 as compared to net income of $50.3 million and earnings per diluted share of $0.71 in the year ago quarter. Third quarter 2016 GAAP results included impairment and restructuring charges and other items totaling a $0.12 reduction in earnings per diluted share. See the supporting schedules to this earnings release labeled “Reconciliation of GAAP Reported to Non-GAAP Adjusted Financial Measures” for a reconciliation of the GAAP to non-GAAP financial measures.

“During the third quarter, we successfully drove sales growth in several of our key merchandise categories through an aggressive promotional and markdown cadence; however, these promotional activities also resulted in a decrease in merchandise gross margins and were the primary contributor to the profitability shortfall,” said Tommy Millner, Cabela’s Chief Executive Officer. “Importantly, we saw the success of a variety of expense leverage efforts, and we continue to be excited about the Company’s announcement of our combination with Bass Pro Shops, which is expected to be completed in the first half of 2017.”

For the quarter, consolidated comparable store sales decreased 2.3% and U.S. comparable store sales decreased 1.8% as compared to the same quarter a year ago. Comparable store sales strength in firearms and shooting related categories as well as the camping, powersports, and optics categories was more than offset by continued softness in our apparel categories. Internet and catalog sales increased 3.6% in the quarter as a result of strength in fishing, camping, optics, powersports and shooting related categories.

Merchandise gross margins decreased by 420 basis points in the quarter to 31.4% compared to 35.6% in the same quarter a year ago. This decrease was primarily attributable to more aggressive pricing, increased discounts, merchandise mix, and efforts to right size inventory levels. A more aggressive approach to price, promotion and discounting was responsible for approximately 230 basis points of the overall decrease in merchandise gross margin. Merchandise mix was responsible for approximately 90 basis points of the overall decrease and efforts to right size inventory levels were responsible for approximately 50 basis points of the overall decrease.

Expense leverage initiatives continued to generate meaningful contributions to profitability. For the quarter, GAAP basis SD&A expenses as a percentage of total revenue decreased 20 basis points to 35.8% as compared to 36.0% in the same quarter a year ago. On a Non-GAAP basis SD&A expenses as a percentage of total revenue decreased 90 basis points to 34.6% as compared to 35.5% in the same quarter a year ago.

“We have been very pleased with our expense and process improvement initiatives which have continued to exceed our expectations,” Millner said. “It is important to note that the third quarter marks the fourth consecutive quarter of expense leverage at Cabela’s. These efforts span across the entire organization and I commend our teams for executing the implementation of these profitability enhancing improvements throughout the business.”

Cabela’s CLUB had an excellent quarter despite an increase in the loan loss reserve. Due to higher delinquency rates, the reserve for loan losses increased by $18.5 million in the quarter. For the quarter, growth in the average number of active credit card accounts was 6.8% and growth in average balance per active credit card account was 7.6% as compared to the same period a year ago. The average balance of credit card loans grew 14.8% to over $5.2 billion as compared to $4.6 billion in the year ago quarter. For the quarter, net charge-offs were 2.21%. Third quarter Financial Services revenue increased 8.8% over the year ago quarter. This increase was primarily driven by increases in interest and fee income as well as interchange income, both of which were partially offset by increases in the provision for loan losses as well as interest expense.

As a reminder, Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while the acquisition of the Company by Bass Pro Shops is pending.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty omni-channel retailer of hunting, fishing, camping, shooting sports, and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Cabela’s offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

Caution Concerning Forward-Looking Statements

Statements in this press release that are not historical or current fact are “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. Such forward-looking statements include, but are not limited to, the Company’s statements regarding its proposed merger with Bass Pro Shops being completed in the first half of 2017. Forward-looking statements involve risks and uncertainties that may cause the Company’s actual results, performance, or financial condition to differ materially from the expectations of future results, performance, or financial condition that the Company expresses or implies in any forward-looking statements. These risks and uncertainties include, but are not limited to: the satisfaction of the conditions precedent to the consummation of the proposed merger by and among Bass Pro Group, LLC, Prairie Merger Sub, Inc., a wholly owned subsidiary of Bass Pro Group, LLC, and the Company, including, without limitation, the receipt of stockholder and regulatory approvals; unanticipated difficulties or expenditures relating to the proposed merger; legal proceedings, judgments, or settlements, including those that may be instituted against the Company, the Company’s board of directors, executive officers, and others following the announcement of the proposed merger; disruptions of current plans and operations caused by the announcement and pendency of the proposed merger; potential difficulties in employee retention due to the announcement and pendency of the proposed merger; and the response of customers, suppliers, business partners, and regulators to the announcement of the proposed merger; the state of the economy and the level of discretionary consumer spending, including changes in consumer preferences, demand for firearms and ammunition, and demographic trends; adverse changes in the capital and credit markets or the availability of capital and credit; the Company’s ability to successfully execute its omni-channel strategy; increasing competition in the outdoor sporting goods industry and for credit card products and reward programs; the cost of the Company’s products, including increases in fuel prices; the availability of the Company’s products due to political or financial instability in countries where the goods the Company sells are manufactured; supply and delivery shortages or interruptions, and other interruptions or disruptions to the Company’s systems, processes, or controls, caused by system changes or other factors; increased or adverse government regulations, including regulations relating to firearms and ammunition; the Company’s ability to protect its brand, intellectual property, and reputation; the Company’s ability to prevent cybersecurity breaches and mitigate cybersecurity risks; the outcome of litigation, administrative, and/or regulatory matters (including the ongoing audits by tax authorities and compliance examinations by the Federal Deposit Insurance Corporation); the Company’s ability to manage credit, liquidity, interest rate, operational, legal, regulatory capital, and compliance risks; the Company’s ability to increase credit card receivables while managing credit quality; the Company’s ability to securitize its credit card receivables at acceptable rates or access the deposits market at acceptable rates; the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry; and other risks, relevant factors, and uncertainties identified in the Company’s filings with the SEC (including the information set forth in the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended January 2, 2016, and Form 10-Q for the quarterly period ended April 2, 2016), which filings are available at the Company’s website at www.cabelas.com and the SEC’s website at www.sec.gov. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. The Company’s forward-looking statements speak only as of the date they are made. Other than as required by law, the Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact:
Investor:
Andrew Weingardt
308-255-7428

Media:
Nathan Borowski
308-255-2861

Source: Cabela’s Incorporated

USDA FSIS: Gaiser’s European Style Provision recalls chicken and pork bologna products due to misbranding and undeclared allergens

WASHINGTON, 2016-Oct-28 — /EPR Retail News/ — Gaiser’s European Style Provision Inc., a Union, N.J. establishment, is recalling approximately 3,895 pounds of chicken and pork bologna products due to misbranding, undeclared allergens, and being formulated with meat and poultry products that were not federally inspected, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today (Oct. 26, 2016). The products may contain nonfat dry milk, a known allergen which is not declared on the finished product label.

The bologna items were produced on various dates from Oct. 6, 2016 to Oct. 20, 2016. The following products are subject to recall:

  • 1-lb. chubb artificial casing containing “Gaiser’s RUSSIAN BRAND PROFESSORSKAYA BOLOGNA” pork bologna with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.
  • 10-lb. chubb artificial casing containing “Gaiser’s PROFESSORSKAYA” pork bologna with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.
  • 1-lb. chubb artificial casing containing “NetCost Market PROFESSORSKAYA BRAND BOLOGNA” with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.
  • 1-lb. chubb artificial casing containing “Gaiser’s CHICKEN BOLOGNA” with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.
  • 3-lb. chubb artificial casing containing “Gaiser’s CHICKEN BOLOGNA” with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.
  • 1-lb. chubb artificial casing containing “NetCost Market CHICKEN BOLOGNA” with various packaging dates from Oct. 10, 2016 to Oct. 21, 2016.

The products subject to recall bear establishment number “EST. 5385 or P-5385” inside the USDA mark of inspection. These items were shipped to retail locations and/or for institutional use in California, Minnesota, New Jersey, New York and Washington.

The problem was discovered during a Food Safety Assessment conducted by FSIS personnel.

There have been no confirmed reports of illness or adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

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

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

Consumers and members of the media with questions about the recall can contact Igor Denisenko, Gaiser’s European Style Provision Inc.’s plant manager, at (908) 686-3421.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 4 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

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

Contact:
Congressional and Public Affairs
Maria Machuca
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

Al Meera Group announces 3Q FY2016 financial results

Al Meera Group announces 3Q FY2016 financial results
Al Meera Group announces 3Q FY2016 financial results

 

QATAR, 2016-Oct-28 — /EPR Retail News/ — Al Meera Group gross profit increased 6.2% (QAR 18.4 million), from QAR 295.5 million to QAR 313.9 million. Meanwhile, Group gross shops rental income increased 49.6%, from QAR 35.6 million to QAR 53.3 million, compared to the same period last year.

Dr. Mohammed Nasser Al Qahtani, Al Meera Deputy Chief Executive Officer said:
“For the third quarter of 2016, Al Meera’s Group sales increased 7.2% (QAR 129.2 million), from QAR 1,805.0 million to QAR 1,934.2 million, compared to the same period last year. Al Meera’s Group operating income increased 9.4%, from QAR 349.6 million to QAR 382.6 million, compared to the same period last year.”

Al Meera’s financial results for 2016’s third quarter reflect the Company’s sound policies, high standards of service, and the continued progress achieved in its medium and long term expansion plans, including the recent soft opening of its 4,239 m2 Bu Sidra branch; the first of five new shopping centers set to open their doors to consumers in succession in the soon future, adding a total of 9,709 m2 Supermarket Area to Al Meera’s presence in Qatar.

Al Qahtani continued:
“Guided by a clear vision, a passion for excellence, and a growth strategy that is perfectly aligned with the country’s National Vision and its urbanization plans, Al Meera has successfully concluded yet another successful quarter that boasts strong financial results, growth figures, and Key Performance Indicators. 2016’s Q3 results propels us to continue our march of progress, and spare no effort in bringing our future expansion plans to fruition and Al Meera’s upcoming shopping centers to new neighborhoods across Qatar’s various regions, with an unmatched, totally revamped shopping experience designed to take our household brand and the retail market in the country to greater new heights.”

Earlier this month, the Company announced that it is in the final stages of preparations for four of the Company’s upcoming stores in North Sailiya (Al Miarad), Al Wakra (East), Um Salal Ali, and Leaibab 2, on a covered area of 4,000 m2, 2,667 m2, 4,014 m2 and 5,093 m2 respectively, in addition to the recently launched Bu Sidra branch. Each center will feature a supermarket equipped with world-class technologies and facilities, a huge parking space, and a diversity of shops and restaurants and other stores, further fulfilling the Company’s vision of becoming consumers’ ‘Favourite Neighbourhood Retailer’.

With the upcoming stores reaching the finalization stage, the Supermarket Retail Chain is bringing progress to 11 out of the ‘14 shopping centers’ expansion plan that Al Meera announced last year.

Contact:

Tel: 40119111/40119112
Fax: +974 40119186
Email: admin@almeera.com.qa

Source: Al Meera

###

Gordy’s Market re-opens its newly updated Birch Street location in Eau Claire, WI

CHIPPEWA FALLS, WISC, 2016-Oct-28 — /EPR Retail News/ — Gordy’s Market is pleased to announce the Grand Re-opening of its Birch Street location in Eau Claire, WI.

Opened in 2005, the 65,000 sq. ft store recently received the retail chain’s updated décor and branding. New features include an easy-to-navigate layout, signage, lower prices on hundreds of everyday grocery items, including their new “Fresh Savings” program with markdowns on produce, meat and bakery items, as well as an expanded line of natural and organic products with their “Better for You” program.

“This is a significant milestone in Gordy’s brand evolution,” Dave Schafer, Gordy’s Market CFO, said in a release announcing the recent renovation. “The reinvention of our stores will place an emphasis on fresh, convenience, value and most importantly, friendly service. This signifies our commitment to our shoppers, as well as our dedication towards innovation and evolution in today’s fast pace grocery atmosphere.”

Other elements of the new decor include a continued focus on fresh departments like produce, meat and seafood, as well as a new mix of deli items such as salads, entrees, and signature sandwiches.

The new look and feel opens just in time for Gordy’s 50th Anniversary celebrations. A special ribbon cutting will take place at the store located at 2717 Birch Street in Eau Claire, on Tuesday, October 25, at 4pm with the Eau Claire Chamber of Commerce and a special cake from Gordy’s Bakery. The ribbon cutting is open to the general public and media.

Gordy Schafer opened his first grocery store in Chippewa Falls in 1966. Gordy’s has been a family owned and operated business ever since. They now operate 25 Gordy’s grocery stores throughout West Central Wisconsin and combined, employs more than 2,000 people.

Source: Gordy’s Market

Sustainability report 2015/16: Esprit expands activities in the area of sustainability and social compliance

Sustainability report 2015/16: Esprit expands activities in the area of sustainability and social compliance
Sustainability report 2015/16: Esprit expands activities in the area of sustainability and social compliance

 

Ratingen, Germany, 2016-Oct-28 — /EPR Retail News/ — Doing business responsibly has been a key component of the corporate culture and an important part of the brand’s identity since the founding of Esprit. This commitment resulted in the first sustainability report for the financial year 2014/15, which is intended to bolster and secure the work of Esprit in this area and make it measurable and transparent. Having reported a positive result for the financial year 2015/16, Esprit is now publishing its second global sustainability report. In spirit of the founding philosophy, Esprit is continuing to expand its activities in the area of sustainability and social compliance, focusing on the three main topics of sustainable materials, social sustainability and environmental sustainability. The company has been able to further advance these important fields of action, among other things, through valuable strategic cooperations with partners such as IndustriALL, Canopy and the Better Cotton Initiative.

Whereas, in the financial year 2014/15 the focus in the area of sustainable materials was on the Tier 1 suppliers, in the financial year 2015/16, the focus has moved to the Tier 2 suppliers and cotton farms. This means that Tier 2 suppliers are now also integrated into the HIGG index and thus their environmental impacts in the value chain can be measured. In February 2016, Esprit also became a Learning Member of the Better Cotton Initiative (BCI), which contributes to the promotion of organic cotton production. The likewise new alliance with the non-profit organisation Canopy ensures the sustainable production of viscose, which, besides cotton, is the most important textile fibre at Esprit.

To guarantee social sustainablity, Esprit cooperates with various initiatives and programmes such as the Business Social Compliance Initiative (BSCI), Better Work and Bangladesh Accord on Fire and Building Safety. In addition, in September 2015, Esprit joined the Action, Collaboration, Transformation (ACT) programme1 in which the company works with other members to ensure fair living wages in the textile industry.

In order to implement environmental sustainability in the textile industry, Esprit is a member of the Zero Discharge of Hazardous Chemicals Group (ZDHC) to completely eliminate hazardous chemicals from the supply chain by 2020.

José Manuel Martínez Gutiérrez commented on the sustainability report as follows: “Given our legacy as a socially responsible company, we are eager to continue to better our operations through the engagement in issues related to sustainability and social responsibility – hereby, we seek to do our part in enabling a more sustainable fashion future. In this spirit, in the last financial year 2015/16 we further expanded our sustainability strategy and systematically advanced the development of significant fields of action. An important part of our sustainability strategy consists of cooperation with initiatives and programmes such as IndustriALL, Canopy and the Better Cotton Initiative. We are convinced that these cooperations are essential to implement our sustainability vision and to make industry-wide improvements possible. We also want to continue along this path in the current financial year.”

Esprit is also a member of the Sustainable Apparel Coalition (SAC) and the Business Social Compliance Initiative (BSCI). In addition to participating in these initiatives, Esprit also has its own department which examines the risks associated with sustainability and social responsibility and works to implement national and international requirements. This includes, for example, the standards of the International Labour Organization, REACH standards and environmental and animal welfare directives.

The global sustainability report was written in accordance with the Global Reporting Initiative (GRI) G4 ‘Core’ Level and will be published in English and German on Esprit’s website. For more information on Esprit’s global sustainability report, please visit www.esprit.com/company/sustainability/

For further information:

Esprit Social Compliance
Esprit Sustainability
Esprit Sustainability Report 2016

1 You’ll find further information at http://www.hiil.org/project/act-towards-living-wages-in-global-supply-chain.

Investor Relations:
Patrick Lau
tel: +852 2765 4232
fax:  +852 2303 4610
email:  esprit-ir@esprit.com

Source: Esprit

###