Pennsylvania Real Estate Investment Trust declared quarterly cash dividend of $0.21 per common share

PHILADELPHIA, 2016-Nov-02 — /EPR Retail News/ — Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on December 15, 2016 to common shareholders of record on December 1, 2016. The December 15th dividend payment will be the Company’s 159th consecutive distribution since its initial dividend paid in August of 1962.

The Company also announced today that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares and $0.460938 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares.  These dividends are payable on December 15, 2016 to holders of record on December 1, 2016.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets.  PREIT’s 25 million square feet of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the eastern U.S. with concentrations in the mid-Atlantic’s top MSAs.   Since 2012, the company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures. Additional information is available at www.preit.com or on Twitter or LinkedIn.

Forward Looking Statements
This press release, together with other statements and information publicly disseminated by us, contain certain “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current views about future events, achievements or results and are subject to risks, uncertainties and changes in circumstances that might cause future events, achievements or results to differ materially from those expressed or implied by the forward-looking statements. In particular, our business might be materially and adversely affected by uncertainties affecting real estate businesses generally as well as the following, among other factors:

Changes in the retail industry, including consolidation and store closings, particularly among anchor tenants; our ability to maintain and increase property occupancy, sales and rental rates, in light of the relatively high number of leases that have expired or are expiring in the next two years; increases in operating costs that cannot be passed on to tenants; current economic conditions and the state of employment growth and consumer confidence and spending, and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions and on our cash flows, and the value and potential impairment of our properties; our ability to sell properties that we seek to dispose of or our ability to obtain estimated sale prices; potential losses on impairment of certain long-lived assets, such as real estate, or of intangible assets, such as goodwill, including such losses that we might be required to record in connection with any dispositions of assets; risks relating to development and redevelopment activities; our ability to identify and execute on suitable acquisition opportunities and to integrate acquired properties into our portfolio; our partnerships and joint ventures with third parties to acquire or develop properties; concentration of our properties in the Mid-Atlantic region; changes in local market conditions, such as the supply of or demand for retail space, or other competitive factors; changes to our corporate management team and any resulting modifications to our business strategies; the effects of online shopping and other uses of technology on our retail tenants; acts of violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales; our substantial debt and stated value of preferred shares and our high leverage ratio; constraining leverage, unencumbered debt yield, interest and tangible net worth covenants under our Credit Agreements; our ability to refinance our existing indebtedness when it matures, on favorable terms or at all; our ability to raise capital, including through the issuance of equity or equity-related securities if market conditions are favorable, through joint ventures or other partnerships, through sales of properties or interests in properties, or through other actions; our short and long-term liquidity position; potential dilution from any capital raising transactions or other equity issuances; and general economic, financial and political conditions, including credit and capital market conditions, changes in interest rates or unemployment.

Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed herein and in our Annual Report on Form 10-K for the year ended December 31, 2015 in the section entitled “Item 1A. Risk Factors.” We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.

CONTACT: 
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
heather.crowell@preit.com

SOURCE: PREIT

Inditex Group: Massimo Dutti opens its new flagship store in Barcelona

Inditex Group: Massimo Dutti opens its new flagship store in Barcelona
Inditex Group: Massimo Dutti opens its new flagship store in Barcelona

 

Arteixo, Spain, 2016-Nov-02 — /EPR Retail News/ — This Friday, 28 October, Massimo Dutti will inaugurate its new flagship store in Barcelona, which is housed in an architectural jewel of Catalan Modernism from the end of the 19th century, the Casa Ramón Casas. The Inditex Group has carried out significant renovation and refurbishment works to this iconic building to enhance its uniqueness and splendour.

The new store, located at Paseo de Gracia no. 96, in one of the world’s most important retail areas, boasts more than 2,000 m² of retail space where Massimo Dutti will display its Women, Men, Boys&Girls, Personal Tailoring and Limited Edition collections. All of the collections are showcased in an impressive space where innovative architectural and decorative elements are combined with the original features of the building, which have been restored and refurbished to the benefit of the city of Barcelona. What’s more, since the brand is always at the cutting-edge of where fashion and technology meet, Massimo Dutti has implemented a series of activities with the aim of offering new purchasing experiences based on innovation, adaptation to customers’ new needs, and the implementation of the latest energy-saving advances.

Following an exhaustive refurbishment process carried out by Massimo Dutti’s architecture studio along with technicians from Barcelona’s Historical Heritage and Parks and Gardens authorities, Casa Ramón Casas (also known as Casas-Carbó), has recovered the modernist essence that the architect Antoni Rovira i Rabassa imagined in his building designs in the year 1898, commissioned by the painter Ramón Casas. A powerful original architecture and interior decoration have recovered their former glory in this renovated building, which has always been linked to the world of art and fashion.

Apart from being the artist’s place of residence and work during the first half of the 20th century, as of the 1950s the building housed the workshop of the Catalan haute couture designer, Asunción Bastida, and the iconic designer gift shop of Enrique Levi and Hugo Vinçon.

Restoration project

The restoration project carried out by Massimo Dutti was based on rigorous research and historical documentation in order to get to know the original layout of the building, the materials used and the distribution of ornamental features. Access via the main door on the ground floor allows visitors to appreciate how features such as the original ceiling and other ornamental details that in the past made this building a light-filled, harmonious space have been recuperated. Some of the artistic details of this part of the building include an old interior patio that allows the natural light to flood in, and the restoration of Ramón Casas’ artist’s studio.

On the first floor, the restoration process placed a special emphasis on work to restore reliefs and plaster corbels, the stripping of wooden surfaces, and cleaning and improvements to the coffered ceilings typical of modernist decoration. In particular, significant restoration work was carried out to the majestic chimneypiece designed by Josep Pascó i Mensa, the flooring, and coffered ceilings (for further information see appendix).

In the interior patio, an exquisite example of Catalan modernist architecture, the restoration work has respected the charm of this Mediterranean oasis with a landscaping project from the British landscape architects, Harry and David Rich.

Eco-efficiency: a brand commitment

The new store is in line with the Inditex Group’s most advanced concepts of sustainability, principles that have been followed both in the restoration project and in the store’s commercial operations. Electricity consumption has been reduced by some 30% and water consumption by 40% in comparison with conventional stores. The eco-efficiency measures implemented include a store lighting system that optimizes the lighting of the furnishings, and the exclusive use of LED bulbs. The lighting system also enables partial lighting of store spaces depending on the time of day and tasks to be carried out, as well as automatic activation when a presence is detected in internal working areas.

Optimal air conditioning and ventilation are achieved using thermal insulation, and a ventilation control that varies according to space occupation, calculated using CO2 measurements. The equipment installed employs inverter technology capable of regulating itself depending on the demand for heating or cooling, adapting at all times to consumption needs. The air curtain is controlled by probe and allows three working levels depending on the air temperature on the premises. Finally, control and monitoring devices allow instant distance readings of consumption levels, making it possible to detect and correct any anomaly affecting the use of the facilities and their consumption.

The building also engages in efficient water usage, and interior spaces are planned for the recycling of materials.

Advanced technology

Technology at the service of customers. The explosion of 3.0 technology including social networks and mobile services has led to the appearance of new, omni-channel trends that serve to connect the virtual and online world with brick-and-mortar stores, making the point of sale a space where emotions can take flight.

Always at the cutting-edge of where fashion and technology meet, Massimo Dutti has implemented a series of activities with the aim of offering new purchasing experiences based on innovation and adaptation to customers’ new needs. These activities include:

Dynamic marketing screens. These allow the continual publication and broadcast of the brand’s own contents, reflecting its physical and aspirational world.

Personal Shopper Fitting Room. This fitting room is designed especially for the brand’s Personal Shopper Service, available in store. In this space, customers will be able to view the garments they have selected in high-definition before trying them on, as well as select complementary items to complete a full look suitable for any occasion.

Interactive fitting rooms. This is one of the brand’s most revolutionary technological projects. Before customers go into the fitting rooms to try on clothing, garments are scanned and appear automatically on the fitting room screen. Using the touch screens located in fitting rooms, customers can consult information on the garments they have chosen or request a different size from the fitting room itself.

This system also has an innovative feature that proposes complementary or similar items to the customer using Visual Search Technology.

Buyable windows. This pioneering initiative from Massimo Dutti allows customers to buy the items displayed in the stores’ shop windows via the Massimo Dutti app for iOS. No matter what time of day it is, if a customer likes what they see in a store window they will be able to buy it. By connecting to the brand’s app and using geolocation, customers can view a screen featuring all the products on display in store windows at the moment, with the possibility of purchasing them immediately and picking them up at the most convenient point of sale at the time that best suits them.

Easy Checkout. In response to the Inditex Group’s desire to offer new alternatives to its customers to make their shopping trips easier, the company has created a new kind of quick checkout that allows customers to check out and pay for their purchases themselves. Located near to the fitting rooms, this new payment system speeds up the payment process using touch screens, tag removal devices and pin pads.

Free Wi-Fi for customers and staff. Advances in technology offer many chances to make the customer experience in both brick-and-mortar and online stores into something unique. Massimo Dutti reflects these advances, offering the possibility of enjoying free Wi-Fi to customers and staff alike. Thanks to this new free connectivity in store, customers will be able to enjoy an interactive experience using the new version of Massimo Dutti’s app, which includes a whole range of updates.

Mobile checkout. This service offers customers the chance to pay for premium services via mobile device, making its easier for customers to pay without having to go to the till area.

Mobile wallet payment. Massimo Dutti’s new online store app includes the innovative new mobile wallet payment service. Available for iOS devices, it allows users to buy products directly from their mobile using any card previously registered with the app. Customers will merely have to display a QR code generated by the app itself in order to make payment in a secure way. The mobile wallet also allows users to save a digital version of all of their receipts on their device.

Fashion and art

As part of its mission to recuperate the artistic essence of this building, Massimo Dutti has embarked on a collaboration with the Barcelona Side Gallery in order to offer installations by internationally renowned artists on the premises. On the occasion of the inauguration of this store, the sculptor laurent martin “Lo” will be holding an art event in the store with three large-scale pieces made from bamboo that explore the aesthetic possibilities of a material not usually associated with the fine arts.

Massimo Dutti

Massimo Dutti was founded in 1985 in Spain as a men’s fashion brand. It launched its first womenswear collection in 1992, offering a variety of styles from the most casual to the most sophisticated and timeless pieces. Today, Massimo Dutti has some 770 stores in 73 countries in Europe, America and Asia.

The brand belongs to the Inditex Group, one of the world’s largest fashion distributors with more than 7,000 stores in 92 countries across the five continents. Apart from Massimo Dutti, Inditex operates another seven fashion brands: Zara, Pull&Bear, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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Nueva campaña: EROSKI refuerza su apuesta por los productos alaveses

New campaign: Eroski reinforces its commitment to the Araba products
New campaign: Eroski reinforces its commitment to the Araba products

 

ELORRIO,España, 2016-Nov-02 — /EPR Retail News/ — EROSKI ha realizado compras de vino, legumbres y patata de Álava por valor superior a los 12,7 millones de euros en los últimos doce meses. La cooperativa ha presentado hoy su nueva campaña de productos alaveses de temporada en el hipermercado EROSKI del Centro Comercial Boulevard en un acto que ha contado con la presencia del Diputado Foral de Agricultura, Eduardo Aguinaco, junto a representantes de EROSKI y proveedores agroalimentarios locales de la cooperativa.

Entre las novedades presentadas destaca la incorporación a la oferta comercial de EROSKI del vino de marca propia Arada de la Viña Crianza de Rioja Alavesa, en colaboración con Bodegas Solagüen. Se trata de un vino de origen 100% Rioja Alavesa, procedente de una selección de viñedos situados en Labastida cuyo suelo, clima y orografía reflejan el carácter de la zona, aportando un fruto diferenciado.

“Arada de la Viña Crianza  es un vino de aspecto moderno y pleno en boca que convierte lo cotidiano en algo especial. Con 12 meses de crianza en barrica con roble americano (80 %) y francés (20 %) nos aporta un aroma de intensidad creciente a medida que respira, en el que convergen las tres fases de forma aromática: notas varietales al descorche como ciruela y regaliz, mezcladas con aromas fermentales y de crianza tales como nata, cereza, fruta confitada, pimienta y nuez”, ha descrito el responsable de Bodegas Solagüen, Iñigo Rubio.

“Con la incorporación del crianza ampliamos nuestra oferta de vino de Rioja Alavesa de marca propia, cuya comercialización iniciamos el pasado año con el cosechero. Apostamos por los alimentos más relevantes de nuestro entorno con el desarrollo de productos con nuestra marca propia, entre los que contamos ya con sidra, txakoli, queso Idiazabal y, por supuesto, el vino de Rioja Alavesa Arada de la Viña”, ha explicado la responsable de Producto Local de EROSKI, Asun Bastida.

EROSKI colabora en Álava con 32 bodegas de vino de Rioja, de las que comercializa 132 referencias. El incremento en ventas en lo que va de ejercicio es superior al 5% con respecto al mismo periodo del año anterior.

Nueva Alubia Arrocina Alavesa con Eusko Label

Dentro de su apuesta por el tejido productivo agroalimentario local, EROSKI incorpora en esta campaña la Alubia Arrocina Alavesa con Eusko Label, de la mano de Garlan S. Coop., encargada de su producción.

“La Alubia Arrocina Alavesa con Eusko Label destaca por su pequeño tamaño, su escasa piel, textura mantecosa y agradable sabor, que le diferencian de otras variedades. El sello Eusko Label garantiza a los consumidores una calidad extraordinaria”, ha puesto en valor el responsable de Legumbres de Calidad de Garlan S. Coop,  David Fernández Sarabia.

“Con la incorporación de la Alubia Arrocina Alavesa con Eusko Label son ya ocho las referencias de legumbres con origen en Álava que ofrecemos en las tiendas EROSKI. Impulsado también por las nuevas tendencias nutricionales, que aconsejan aumentar las legumbres en la dieta debido a su alta calidad nutricional, vemos un incremento del consumo de alubias y otras legumbres”, ha detallado Asun Bastida. En lo que va de año EROSKI ha incrementado un 75% las ventas de alubias, garbanzos y habas de origen alavés.

25 años de colaboración entre EROSKI y UDAPA

El gerente de UDAPA, Alfonso Sáez de Cámara,  ha destacado durante su intervención la larga relación, “de casi 25 años”, que une a EROSKI con la cooperativa de patatas de Álava. “EROSKI es el principal cliente de Udapa para la patata de Álava.  Solamente en la campaña 2015/16, ha comercializado más de 3.000 toneladas de patata de Álava, un 6,2% más que en la campaña anterior. El principal crecimiento de la venta se ha dado en la patata Eusko Label, un 14,2% más que en el año anterior”.

“Eventos como el que celebramos hoy son fundamentales para hacer visible la importante labor de nuestros productores y de empresas como EROSKI para garantizar la sostenibilidad de nuestro tejido productivo y poner en valor la calidad de nuestros vinos, legumbres y patata”, ha señalado el diputado foral de Agricultura, Eduardo Aguinaco, al final del acto.

Los asistentes han podido disfrutar de una degustación de los productos presentados, que ha contado con la colaboración de la Escuela de Hostelería de Gamarra.

Datos de contacto con el Departamento de Comunicación:
944 158 642
comunicacion@eroski.es

Source: Eroski

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Michael P. McDermott promoted to the position of Chief Customer Officer at Lowe’s Companies, Inc.

MOORESVILLE, N.C., 2016-Nov-02 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (Oct. 27, 2016) announced that Michael P. McDermott has been promoted to the position of chief customer officer, effective immediately. He will report to Robert A. Niblock, Lowe’s chairman, president and CEO. McDermott currently serves as Lowe’s chief merchandising officer, a position he has held since 2014.

In his new and expanded role, McDermott will be responsible for creating experiences that best serve customers and differentiate Lowe’s in an omni-channel environment, including leading customer insights, customer experience design, marketing and strategy. He will also continue to be responsible for overseeing the company’s full merchandising offering for all Lowe’s U.S. stores and Lowes.com, as well as all global sourcing activities.

McDermott will succeed Michael A. Jones, who is leaving to pursue new opportunities.

“We are extremely confident in Mike McDermott and happy that he has agreed to take on these expanded responsibilities and important role,” Niblock said. “Since joining Lowe’s three years ago, Mike has demonstrated exceptional management and leadership skills that make him ideally suited to lead Lowe’s efforts to create an even more exceptional home improvement experience for customers.”

Niblock added, “At the same time, we want to express our thanks to Mike Jones for his many contributions to the company. We wish him well and great success as he pursues future opportunities.”

Prior to serving as head of merchandising, McDermott joined Lowe’s in 2013 as senior vice president and general merchandising manager-building and maintenance, and was responsible for Lowe’s lumber & building materials, millwork, hardware & tools and rough plumbing & electrical divisions.

He joined Lowe’s from General Electric, where he served as sales leader-appliances and was also a member of the company’s corporate commercial council.  He brought to Lowe’s more than 20 years of experience in product leadership, merchandising, marketing and commercial sales.

McDermott earned a bachelor’s degree in communications from The College of New Jersey and a master’s degree in political science from Villanova University.

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

Media Inquiries:

704-758-2917
PublicRelations@Lowes.co

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Michael P. McDermott promoted to the position of Chief Customer Officer at Lowe’s Companies, Inc.
Michael P. McDermott promoted to the position of Chief Customer Officer at Lowe’s Companies, Inc.

 

SOURCE: Lowe’s Companies, Inc.

The winners of the M&S Energy Community Energy Fund announced

  • Following a staggering 78,837 votes by the general public, 19 projects have been awarded grants from the M&S Energy Community Energy Fund.
  • Judges including Sir Ed Davey, have also awarded a further seven projects up to £12,500 each.
  • The project has helped customers get involved and Spark Something Good through donations  for their preferred project, with an additional £28,798  raised through the Crowdfunding platform.

LONDON, 2016-Nov-02 — /EPR Retail News/ — M&S Energy has today (31 Oct 2016) announced the winners of the M&S Energy Community Energy Fund. Now in its second year the scheme saw a staggering 78,837 people get involved and cast a vote. All of the projects were looking for funding to install renewable technology or energy efficiency measures in their community building.

It was a fierce competition but today 26 projects have been awarded grants. The community energy winners are a diverse range of projects from schools to sports clubs to a community pub. They span Great Britain from the Highlands to Devon and will benefit all different types of communities.

Tom Druitt from the Big Lemon CIC, a winner of the South Regional Prize said, “We’re thrilled to have won the regional M&S Energy Award for our Solar Bus project. This will enable us to cover the roof of our depot in solar panels so we can run our new electric buses on renewable energy.  As far as we know there is nothing quite like this in the country yet, so this award will help us push the boundaries of what is possible and bring a zero carbon, zero emissions bus service to our community.  We would like to pay tribute to the other wonderful projects in our region and wish them well in developing their plans in the future.”

A panel of judges comprising of Sir Ed Davey (Chairman of Mongoose Energy & Former Secretary of State for DECC), Giles Bristow (Director at Forum for the Future), Morven Smith (Head of Community Investment at SSE), Nancy Sheterline (winner of the 2015 M&S Energy Community Energy Fund in the South West region for Exeter Phoenix) and Kuljinder Pank (Community Energy Manager at M&S Energy) selected the seven judge’s prize winners, each awarded up to £12,500.

Sir Ed Davey said, “It’s been an absolute pleasure to be involved in the judging panel for the M&S Energy Community Energy Fund.  All the winners will make a real difference to their local communities, made possible through this fund. The level of community support during the voting stages is a clear confirmation that community energy is thriving and communities around Great Britain want and need it – more so at this time of uncertainty in the community energy field. The judge’s prizes were stand out, presenting some unique and innovative ways to think about generating and saving energy.”

The M&S Energy Community Energy Fund saw 199 applications from a wide variety of groups looking to make a difference and 125 made the shortlist. This year the voting process included the option to donate to any of the community energy groups via the Crowdfunding platform link on the M&S Energy fund website, this has resulted in an extra £28,798 of funding.

Jonathan Hazeldine, Head of M&S Energy said, “This year the competition has been fierce and we’ve been overwhelmed by the participation from the public who have voted in their tens of thousands. They’ve also generously donated over £28,000 through the Crowdfunding tool on our website which has been brilliant – for local community groups every small donation can make a massive difference. We’re looking forward to seeing the projects come to life and benefit local communities. As a 100% green energy supplier, supporting those who share our vision of a sustainable future through renewable energy is really important to our company, our customers and our colleagues.”

Notes to Editors

If you are a customer with an enquiry, please contact our Customer Service team on 0333 014 8000.

Source: M&S

Sainsbury’s pumpkin-tastic facts

Sainsbury’s pumpkin-tastic facts
Sainsbury’s pumpkin-tastic facts

 

London, 2016-Nov-02 — /EPR Retail News/ — It’s that time of year again when we get busy carving freaky faces into pumpkins to give our neighbours a fright on 31 October.

If you want to do the right thing and get the most from your pumpkin, here are some handy hints and tips.

Sainsbury’s pumpkin-tastic facts:

  • Sainsbury’s stocks six main types of pumpkin at Halloween:
    • Carving Pumpkins (run-of-the-mill pumpkins)
    • Monster Pumpkins (giant pumpkins)
    • Ghost pumpkins (off-white pumpkins)
    • Superfreaks (ugly, warty pumpkins)
    • Munchkins (teeny, tiny pumpkins)
    • Standard eating pumpkins (for cooking)
    • Except for a few Munchkins, all the rest of our pumpkins are British
    • Carving pumpkins are specially grown for their size and colour – so you get the best-looking pumpkin to put on your doorstep
    • Carving pumpkins tend to be stringier and more watery than pumpkins grown for eating.  Therefore, if you do want to use the insides for cooking once they’ve been scooped out – we recommend using them for pumpkin soup.  Here’s a recipe for delicious curried pumpkin soup https://www.homemadebyyou.co.uk/recipes/soups/curried-pumpkin-soup
    • You can also scoop out the pumpkin seeds and bake them in the oven on a low heat
    • Do dispose of your pumpkins responsibly and either put them in the garden compost or in your food waste

Press Enquiries:
press_office@sainsburys.co.uk
020 7695 7295.

Source: Sainsbury

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Sainsbury’s Waste less, Save more: 1.8 million full roast dinners wasted every month in UK

Sainsbury’s Waste less, Save more: 1.8million full roast dinners wasted every month in UK
Sainsbury’s Waste less, Save more: 1.8million full roast dinners wasted every month in UK

 

London, 2016-Nov-02 — /EPR Retail News/ — Britons prepare 108 million on average every month, eat one per week, and half of people rank it as their favourite autumn meal. But despite our love affair with the roast dinner, we waste a fifth (17%) of every one we make.

As the nation adjusts to the changing season, Sainsbury’s has already seen demand for roast ingredients rocket with potatoes perfect for roasties up 21 percent, beef joints up 12 percent, Horseradish sauce up 37 percent and Yorkshire puds have rocketed by 38 percent over the last four weeks.

However, despite our fondness for them, almost a fifth of every roast ends up in the bin, equating to 1.8 million full roast dinners every month in the UK, according to new research from the Sainsbury’s Waste less, Save more campaign.

What’s more, a closer look reveals that it really is a case of ‘meat and two veg’ as we throw out double the amount vegetables (27%) compared to meat (13%).

On the flip side, the roast dinner ingredient we’re least likely to bin is the good old Yorkshire pudding, with 72% of people saying they eat all of their Yorkshire pud every time.  With eight out of ten (81%) agreeing, it’s Yorkshiremen and women who are most likely to eat all of their Yorkshire puddings compared with other areas of the country.

“Rediscovering the roast dinner is one of the joys of autumn, especially since 43% of people say it’s the meal they’re most likely to eat with their families”, commented Paul Crewe, Head of Sustainability Energy, Engineering & Environment at Sainsbury’s.  “But we need to be careful that our enthusiasm for the British dish doesn’t leave us with more than we can eat –  becoming a nation of ‘Roast-Binners.’

“And it’s not just food we could save –  the average roast dinner for a family of four costs around £14**, meaning we’re throwing away £2.80 in leftovers. That’s £145.60 a year that families could pocket”

As part of its ‘Waste less, Save more’ campaign to reduce the 4.2 million tonnes of unnecessary food waste in the UK, Sainsbury’s found that 39% of people leave leftover food every time they eat with a quarter (24%) saying they are unsure of how to reuse or store leftovers, and half (50%) don’t have the right equipment in their kitchens to do so.

Paul Crewe at Sainsbury’s continues, “Respondents told us they wished they knew more about managing and cooking food at home, and we’re dedicated to helping them do so, which is why we recently launched our first nationwide advertising campaign to help shoppers waste less food and save more money.”

In the town of Swadlincote, where Sainsbury’s has invested £1 million to test new innovations in food reduction techniques, residents are taking part in the supermarket’s latest initiative, the ‘Zero Waste Kitchen Challenge’.

During the three-month trial, 50 households will receive £100 in vouchers, which can be spent on products that will help them cut down on food waste. Everything from smoothie-makers to portion baskets for pasta are on offer.

Continuing, Paul Crewe commented, “We hope the trial will tell us which items, advice or events people find most useful in helping reduce the amount of food they throw away. They’ll be give regular updates, participate in an online group and complete food waste diaries so we can collect a rich set of insights.”

ELEMENTS MOST LIKELY TO BE ROAST-BINNED:

  1. Roast potatoes
  2. Parsnips
  3. Carrots
  4. Cauliflower
  5. Broccoli
  6. Meat
  7. Sauce (including gravy)
  8. Peas
  9. Stuffing
  10. Yorkshire pudding

To find out more tips and tricks to reduce your food waste, and more about Sainsbury’s mission to help the nation Waste less, Save more visit: https://wastelesssavemore.sainsburys.co.uk/

SAINSBURY’S TOP TIPS TO AVOID BEING A ‘ROAST BINNER’ THIS AUTUMN:

        1. Turn roast lamb into a Mediterranean salad

Lamb is an especially flexible meat, and if planned properly can be cooked once and used for different style meals throughout the week

  2. Make a roast potato curry

Roast potato tikka masala is an easy way to use any leftover roasties. Drizzle tikka sauce over potatoes and fry until warm. Add as part of your normal curry recipe. Speed the process up and reheat your leftovers adding a jarred curry sauce as you go.

 3.  Learn to make catch-all meals for little bits

Rice bowls, salad, pizza, and soup all lend themselves to catch all the small portions from the week.

     4. Freeze It

Roast dinners have a variety of ingredients, so don’t let them go to waste if they don’t get used in that serving. Most food can be frozen (unless it’s been frozen before) and used another time!

  5. Roast dinner waste cake

Roast Dinners are good, but imagine a roast dinner cake! There have been increasingly more recipes for this type of cake, but this is our favourite! ROAST DINNER WASTE CAKE.

Press Enquiries:
press_office@sainsburys.co.uk
020 7695 7295.

Source: Sainsbury

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K-Group commits itself to actions aimed at reducing the consumption of plastic bags

The K-Group contributes to the effort to reduce the amount of plastic litter that ends up in water bodies and elsewhere in the natural environment. In its commitment to The Society’s Commitment to Sustainable Development published today, the K-Group commits itself to actions aimed at reducing the consumption of plastic bags.

HELSINKI, Finland, 2016-Nov-01 — /EPR Retail News/ — In The Society’s Commitment to Sustainable Development, different operators pledge themselves to promoting sustainable development in their work and operations. Kesko joined The Society’s Commitment and published its first two commitments in September 2015.

The objective of Kesko’s third commitment is to reduce the consumption of plastic bags in K-stores. In the background of the objective are the voluntary actions agreed by the Ministry of the Environment and the Finnish Commerce Federation to ensure that the targets for the reduction of the consumption of plastic lightweight carrier bags set in the EU packaging waste directive are achieved also in Finland. Kesko is committed to the EU’s target that the annual consumption is no more than 40 plastic bags per person by 2025.

Aim is to increase the share of alternative shopping bags

At the beginning of 2017, retail plastic bags will be subject to a charge at all K-Group food stores, building and home improvement stores, agricultural and machinery stores, as well as furniture stores.

By the end of 2017, thin small bags will no longer be on display at the checkout line. They will be handed out on request for covering a wet bouquet of flowers or a package of meat with juice dripping out, for example.

Kesko provides alternatives for plastic bags in its selections: reusable bags, cotton bags and jute bags, as well as paper bags and recycled plastic bags. In the spring of 2017, circular economy bags manufactured by Amerplast Ltd will be added to the choice. Plastic waste returned by households to the Rinki eco take-back points is used in their manufacture.

Active communications in customer channels and stores are used to increase the awareness of the environmental impacts of plastic waste, reduce the consumption of plastic bags, increase the use of alternative solutions, such as reusable bags, paper bags and cotton bags, as well as increase plastics recycling.

Material solutions to replace PVC and micro plastic particles to be removed from own brand cosmetic products

In accordance with its plastics policy statement, Kesko promotes the recycling and reuse of plastics. Kesko creates operating models that prevent plastics from ending up in water bodies and elsewhere in the natural environment.

The chlorine, stabilisers and phthalates contained in polyvinyl chloride, or PVC, are estimated to cause significant environmental and health impacts. Kesko is seeking replacement material solutions for PVC, especially for product or packaging materials that are difficult to recycle, or that are used for a short time. The packaging of those Kesko’s own brand products that currently contains PVC will be replaced by an alternative material by the end of 2016. The use of PVC as the material of Kesko’s gift vouchers will be discontinued within 2017. The aim is to replace the material of Plussa cards with a PVC free material within 2017.

Small micro plastic particles contained in cosmetic products pass through waste water treatment plants into water bodies risking to end up in food chains and household drinking water. Kesko will remove micro plastic particles from its own brand cosmetic products within 2017. Kesko’s selections do not include oxo-degradable plastic bags or small bags because they fragment into micro particles.

Further information:
Matti Kalervo, Vice President, Corporate Responsibility, Kesko Corporation, tel. +358 50 306 4081, matti.kalervo@kesko.fi
Timo Jäske, Sustainability Manager, Kesko’s grocery trade, tel. +358 50 529 2028,timo.jaske@kesko.fi

https://sitoumus2050.fi/

http://kesko.fi/yritys/vastuullisuus/miten-johdamme-vastuullisuutta/linjaukset-ja-kannanotot/keskon-muovilinjaus/

SOURCE: KESKO

The first LVMH Day of 2016-2017 school year held at the HEC business school campus

© ARR / LVMH

© ARR / LVMH

A series of on-campus LVMH Days at partner schools give LVMH a unique opportunity to engage with future talents and let them learn more about the Group and its Maisons.

PARIS, 2016-Nov-01 — /EPR Retail News/ — LVMH Days bring students a chance to more clearly see the tremendous diversity of career opportunities and professions at LVMH across the Group’s 70 houses. The events include themed workshops, conferences, business case studies, recruitment sessions and more, with programs tailored specifically to each partner school.

The first LVMH Day of the 2016-2017 school year took place on October 27 at the campus of the HEC business school. The day was divided into three parts, beginning with workshops. Managers from Louis Vuitton hosted a workshop on finance while the Parfums Christian Dior workshop focused on challenges in the field of marketing. Parfums Givenchy and Kenzo Parfums co-hosted a workshop on the customer experience for new product launches.

The themed workshops were followed by a talk on value creation by LVMH Chief Financial Officer Jean-Jacques Guiony. He then spoke at length with students during a Q&A session.

“Luxury is about value, anchored by 5 essential pillars: quality, functionality, design, branding and client experience. The creation of value is the core aspect of LVMH business development.” Jean-Jacques Guiony, Chief Financial Officer, LVMH

Lastly, the 250 students attending were invited to take part in more informal discussions with HR managers from different LVMH Maisons to learn about internships (including France’s VIE international work program) and job opportunities with the Group.

LVMH Days will continue throughout the 2016-2017 school year:

  • HEC: 27/10/2016
  • EM Lyon: 27/10/2016
  • Arts et Métiers Paris Tech ENSAM: 08/12/2016
  • Grenoble EM: 16/02/2017
  • EDHEC: 28/02/2017
  • Institut Français de la Mode: 09/03/2017
  • Bocconi University: 03/2017
  • Central Saint Martins: 04/2017
  • Saint Gall: 03/2017

SOURCE: LVMH

Shopify’s stock ticker symbol to change from its original two-letter symbol “SH” to “SHOP”

Ottawa, Canada, 2016-Nov-01 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SH) (“Shopify”) announces that, effective the start of trading on Tuesday, November 1, 2016, Shopify’s stock ticker symbol on the Toronto Stock Exchange (“TSX”) will expand from its original two-letter symbol, “SH” to “SHOP” (TSX: SHOP).

“Shopify has already been going from strength to strength with the launch of multichannel offerings and our mobile efforts. And now, we’re excited to announce 100% growth in stock ticker digits,” said CEO Tobi Lütke from an undisclosed location.

A pioneer in the application of four-letter words to regulatory filings, the Company requested the change to its ticker symbol in Canada once it was permitted to use a four-letter symbol by the TSX. The change will align the Company’s Canadian ticker symbol with its U.S. ticker symbol, which remains “SHOP” (NYSE: SHOP).

No action is required to be taken by current shareholders in connection with the change, and no change has been made to the Company’s share capital. However, shareholders are welcome to celebrate the ticker expansion however they see fit.

About Shopify
Shopify is the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants use the software to design, set up and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and- mortar locations and pop-up shops. The platform also provides a merchant with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers over 300,000 businesses in approximately 150 countries and is trusted by big brands including Tesla Motors, Red Bull, Nestle, GE, Kylie Cosmetics and many more.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding a change in Shopify’s TSX stock ticker symbol. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on Shopify’s current expectations about future events, and on certain assumptions and analysis made by Shopify in light of current conditions and expected future developments and other factors management believes are appropriate. These expectations are subject to known and unknown risks, uncertainties, assumptions and other factors that could cause actual events to differ materially from those anticipated in these forward-looking statements. Although Shopify believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that actual events will be consistent with these forward-looking statements. Actual events could differ materially from those projected in the forward-looking statements as a result of numerous factors, many of which are beyond Shopify’s control. The forward-looking statements contained in this news release represent Shopify’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. Shopify undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Press Inquiries
press@shopify.com

SOURCE: Shopify

Drunken Berries the first start up to hit their funding target through Tesco’s BackIt initiative

Drunken Berries the first start up to hit their funding target through Tesco’s BackIt initiative

Drunken Berries the first start up to hit their funding target through Tesco’s BackIt initiative

Welwyn Garden City, UK, 2016-Nov-01 — /EPR Retail News/ — A new award-winning drinks mixer that enhances the flavour of Prosecco could be hitting supermarket shelves thanks to the early success of a crowd-funding programme run by Tesco.

Despite winning two top food industry awards, the husband and wife team behind Drunken Berries have yet to get their product on sale at a major UK supermarket.

But that could change very soon after the pair became the first start up business to hit their funding target through Tesco’s BackIt initiative.

BackIt gives small food and drink businesses a platform to showcase their products to Tesco customers, and campaign for funding to drive their future growth.

Now Drunken Berries owners Gemma and Andre Glanville are hopeful their alcoholic mixers, which can also be drizzled on desserts or made into sorbets, could soon become a household name.

The mixer range uses high quality gin and brandy with a fine balance of pureed berries, caramelised sugar and lemon juice.

Gemma Glanville said:

“The BackIt scheme is a great idea to help small businesses like ourselves reach customers. Thanks to Tesco customers we can now proceed with our first run of products which they will receive in time for Christmas.

“Prosecco has become one of the UK’s most popular drinks and we are really optimistic we can now start to turn Drunken Berries into a winning brand.”

Drunken Berries are one of eight small businesses currently being supported through the Tesco scheme which also offers suppliers access to advice and mentoring from industry experts, as well as the experience of working with a large retailer.

Customers can discover new and unique products by visiting the www.tesco.com/backit website. If they wish to support any of them they are rewarded with the products they’ve invested in.

Tesco Business Development Director Michael Francis said:

“Drunken Berries was the first product on our BackIt site and it’s fantastic to see it surpass its target.

“As the UK’s largest buyer of locally sourced products, we understand the challenges suppliers face to get a product to market. Which is why BackIt is about more than just crowd funding, it’s a platform which provides advice and mentoring to help suppliers bring their ideas to life.

“By providing support for small suppliers, they can focus on what they do best –creating exciting new innovative products for customers.”

Businesses who sign up to BackIt are not obliged to list or work with Tesco after their campaign.

 

ENDS

Note to editors

Drunken Berries – a brief history

The idea for Drunken Berries came about after Gemma and Andre Glanville created the recipe for a friend’s New Year’s Eve party which went down a storm.

The couple continued to make the drink for private gatherings and feedback was so overwhelmingly complementary that they decided to embark on a business venture.

Drunken Berries have won two awards from Great Taste – the acknowledged benchmark for fine food and drink, which is run by the Guild of Fine Food.

Their Raspberry Gin Mixer won two Gold Stars while their Blackberry Brandy Mixer won one Gold Star.

Other companies currently looking for funding through BackIt include:

  • Botonique – a soft drink for wine lovers
  • B-Tempted – delicious gluten free cakes
  • Tg Green Teas – a high quality iced green tea
  • TrooGranola – fresh granola toasting kits
  • Nanaimo Bars – Tasty Canadian dessert treats
  • Rejuvenation Water – The world’s first amino acid enriched spring water
  • Nim’s Fruit Crisps– the UK’s first 100 per cent natural air dried fruit and veg crisps for kids

MEDIA CONTACT

If you’re a journalist and would like to speak to one of the team please call 01707 918 701

SOURCE: Tesco PLC

The first Shop’n Go car sharing and charging station opened at Carrefour Market store in Milan

ITALY, 2016-Nov-01 — /EPR Retail News/ — The first Shop’n Go car sharing and charging station was launched on October 25th at the Carrefour Market store at 79/81, Via Farini in Milan. This is the first of eight Shop’n Go car sharing stations to be installed at Carrefour Market supermarkets. The stations will all be active by the end of the year, with 30 charging spaces and up to 40 parking places in total.

From today, the supermarket’s customers will be able to use the free floating car sharing service and can take advantage of a number of benefits, including 30 minutes of free parking for every shop and 50 minutes of free driving for every 1,000 payback points.

The initiative is part of efforts to raise customer awareness of the advantages of shared and electric mobility for environmental sustainability, promoting eco-sustainable and efficient behaviour, including in urban areas and particularly in major cities such as Milan.

The partnership with Share’ngo is a further example of Carrefour’s commitment to environmental sustainability, as is the recent achievement of UNI CEI EN ISO 50001 certification, which certifies that all Carrefour Italy’s energy management processes are well-managed and controlled, and makes the Group’s Italian operations some of the best in the world.

Press relations of Carrefour Group

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

By phone:

Switchboard: +33 (0)1 41 04 26 00
For journalists: +33 (0)1 41 04 26 17

By e-mail: presse_groupe@carrefour.com

SOURCE: Carrefour Group