Lenta achieves objective to double selling space ahead of schedule

The company has achieved its objective, set three years ago at IPO 

St. Petersburg, Russia, 2016-Nov-26 — /EPR Retail News/ — Lenta Ltd (LSE, MOEX: LNTA), one of the largest retail chains in Russia, is pleased to announce the early achievement of its strategic objective to double selling space before the end of 2016.

Lenta has doubled its total selling space to 1,019,968 sq.m, achieving one of the most important strategic targets established at its IPO in March 2014.

Lenta is Russia’s fastest growing hypermarket operator and became the country’s largest hypermarket chain measured by selling space in 2015. During the first 9 months of 2016, Lenta opened over 60% of the net selling space added in the hypermarket segment by the Top-150 retailers, up from 35% in 20151. Today Lenta accounts for approximately 20% of all hypermarket selling space in Russia2.

Lenta has opened 87 hypermarkets since the beginning of 2014. During this period the company has entered 30 new cities while also strengthening its position in the 45 cities where it was already present. Lenta now has hypermarkets in 32 of the 36 Russian cities with a population above 500,000 and expects to be present in all cities with a population above one million before the end of 2016.

The company expects to open at least 26 more hypermarkets before the end of 2016, including 10 stores through the acquisition of Kesko’s food retail business in Russia, which is projected to be completed on 30th November, 2016.

In addition to hypermarkets, Lenta is also rapidly developing its supermarket format. The first pilot supermarket store was opened in Moscow in 2013 – since then the company has opened 43 stores, including 33 stores since its IPO in 2014. Lenta expanded its supermarket business to St Petersburg in 2015 and will open its first supermarkets in Siberia within the next few months. The company plans to open at least twice as many supermarkets this year as in 2015 and to significantly accelerate this rate of openings in 2017.

Lenta has also invested in its distribution network, opening new distribution centres in Moscow, Yekaterinburg, Rostov-on-Don and Tolyatti during the last 3 years. Lenta’s supply chain network now has the capacity to serve over 250 hypermarkets and 250 supermarkets, providing a strong foundation for future growth.

Total capital investment by Lenta in the 3 year period 2014-16 is expected to exceed RUB 120 billion3. Lenta’s robust low price-low cost business model has enabled the company to increase its rate of investment in 2016 despite the challenging economic environment. In addition to providing 12,0004 new jobs directly since its IPO, Lenta’s continued expansion supports many more jobs among its local suppliers and in the construction industry at a time when employment and incomes in the wider economy are under pressure.

Lenta’s Chief Executive Officer, Jan Dunning commented: “At the beginning of 2014, we set ourselves the goal of doubling retail space within three years. Many felt that this target was too ambitious, but we were completely confident because we had a clear understanding of how to achieve it. For us, it is important to deliver not just rapid growth, but successful growth – successful for our customers, business partners and shareholders. In the context of such rapid expansion, we continue to be one of the most efficient food retailers in Russia and aim to retain this position.

In 2012, just over a year before our IPO, Lenta was Russia’s seventh largest retailer in terms of total sales – since then, our expansion enabled us to become the fourth largest retailer in terms of total sales in the third quarter of 20165. We have also become Russia’s largest hypermarket operator in terms of selling space, up from third place at the time of our IPO.

The Russian retail market presents the most efficient operators with huge potential for future growth combined with attractive returns. In early 2017 we will present a new long-term strategy, in which we will explain our plans to enable Lenta to realize its full market potential”.

In February 2017, after the announcement of the 2016 full year financial results, Lenta intends to hold a strategy presentation open to all investors, at which the company will set out its new long-term goals.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 165 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,019,968 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 20166.

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

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

1 Lenta share of net selling space added in hypermarket segment in 2015 and 2016 derived from Infoline data.
2 Based on Infoline data.
3 Based on the guidance of RUB 45-50 billion for 2016, adjusted upward for the acquisition of Kesko’s food retail business in Russia.
4 Calculated as the increase in the number of FTE (full time equivalent) employees between February 28, 2014 and October 30, 2016.
5  Based on public data on total quarterly sales in the third quarter of 2016.
6 FTE (full-time equivalent). Average FTE for 1H 2016 was 33,758 employees.

Contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

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

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

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

Source: Lenta

RUSSIA: Lenta announces the opening of its third hypermarket in Yaroslavl

With this opening, Lenta expands its network in the Central region to 21 hypermarkets in 14 cities

St. Petersburg, Russia, 2016-Nov-26 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its third hypermarket in Yaroslavl.

The new store is a Lenta compact format hypermarket located at Frunze av., Yaroslavl. The store has a total area of 9,333 sq.m with 5,225 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Yaroslavl and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 361 parking spaces and 30 cash registers. The property is owned by Lenta.

The opening in Yaroslavl is Lenta’s twenty sixth hypermarket opening in 2016 and brings the total number of Lenta stores to 165 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 165 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,019,968 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,900 sq.m. The average Lenta supermarket store has selling space of approximately 1,000 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 34,134 people as of 30 June 2016 1.

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

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

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

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

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

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

Source: Lenta

Pets at Home Group announces Nicolas Gheysens to replace Brian Carroll as Non-Executive Director

Handforth, United Kingdom, 2016-Nov-26 — /EPR Retail News/ — Pets at Home Group Plc, the UK’s leading specialist retailer of pet food, accessories and services, announces that Brian Carroll, Non-Executive Director, will resign from the Board on 2nd December 2016. Mr Carroll has been a Director of Pets at Home since 2011.

Nicolas Gheysens, Director, Private Equity at KKR & Co LP, will replace Mr Carroll with effect from 2nd December 2016.

Ian Kellett, CEO of Pets at Home said: “We are extremely grateful for Brian’s counsel and valuable contribution to the group during his time on the Board, particularly during the IPO process. Nicolas is highly experienced and knows us well, having been a key member of the business since KKR acquired Pets at Home in 2010. Nicolas has also been a Board Observer since IPO. We look forward to his continued contribution to the Board”.

There is no further information to be disclosed under paragraph 9.6.13 of the UK Listing Authority Listing Rules. This announcement contains inside information.

About Pets at Home

Pets at Home Group Plc is the UK’s leading specialist pet omnichannel retailer and services provider. Pets at Home operates from 427 superstores located across the UK. The Group operates the UK’s largest small animal veterinary business with 405 practices, run principally under a Joint Venture model using the Vets4Pets and Companion Care brand names, and four veterinary specialist referral centres. Pets at Home is the UK’s leading operator of pet grooming services offered through its 258 grooming salons. The Group also operates 7 specialist High Street based dog stores, called Barkers. For more information visit: http://investors.petsathome.com/

Investor Relations Enquiries:
Pets at Home Group Plc:
Amie Gramlick, Head Of Investor Relations
+44 (0)161 486 6688

Media Enquiries:
Pets at Home Group Plc:
Brian Hudspith, Director Of Corporate Affairs
+44 (0)161 486 6688

Maitland:
Rebecca Mitchell, Tom Eckersley
+44 (0)20 7379 5151

Source: Pets at Home Group

Carphone Warehouse reports highest ever number of orders made via mobile phone on Black Friday 2016

 

  • Orders up 480% compared to the same time last week
  • iPhone 7, Samsung S7 and iPhone 6S most popular products to date
  • Virtual Reality orders up 300% compared to last week

LONDON, 2016-Nov-26 — /EPR Retail News/ — With Black Friday 2016 firmly underway, Carphone Warehouse is reporting its highest ever number of orders made via mobile phone, with the channel now making up nearly half of all online orders, signifying a shift in the way customers shop on Black Friday.

Early bird shoppers have already made the most of the Black Friday deals, as Carphone Warehouse saw its traffic peak between 8am and 9am this morning, this follows some late-night owl browsing, which saw traffic peak between 9pm and 10pm. This morning alone, there has been a 230% increase on orders compared to the same time yesterday and 483% compared to the same time last week as shoppers flock to the retailer to make use of its deals.

Since the new wave of fresh Black Friday deals went live at 8 pm last night, Carphone Warehouse has seen the iPhone 7, Samsung S7 and iPhone 6s fly off its virtual shelves, with black recorded as the most popular colour with iPhone 7 and rose gold with iPhone 6s customers, whilst Samsung customers preferred the silver titanium – exclusive to Carphone Warehouse.

Key deal items proving popular with customers outside of mobile phones, includes the latest VR devices and Samsung’s Gear 360. In fact, virtual reality is one of Carphone Warehouse’s top Black Friday categories, making up the top five products outside of mobile phones, with orders up 300% compared to last week.

The retailer is expecting more than 1million visitors in-store and over 5million online over its 10-day Black Tag period, with the peak set to be today.

Carphone Warehouse’s top Black Friday deals include:

  • New deals just live:
    • Get the Samsung Galaxy J3 from £13.50 a month on iD Mobile with free Beats by Dr Dre EP On-Ear headphones, representing a saving of £89.95
    • Great SIM-only deal with Vodafone for a Multi SIM 4G card with 20GB data and EU roaming at £22.20 a month, coming with a £50 Currys PC World Gift Card
  • A saving of £100 on the Sony XA at no upfront cost for £11.50 a month on iD Mobile. Shoppers can also pick up iD’s SIM Only deals on its ShockProof plan gaining extra data.
  • Get the latest iPhone 7 (32GB) available for £79.99 up front at just £33.49 a month on EE or get the iPhone SE at £59.99 upfront at just £19 a month on Vodafone.
  • Amazing savings on SIM-free handsets – The iPhone 7 has also been reduced by £20 on the 32GB, 128GB and 256GB SIM-free handsets.
  • Save £200 on the Samsung S7, for no upfront fee at £24 a month. Save £200 on the iPhone 6s (32GB), available for £59.99 at £28 per month. This is alongside the Sony XZ, which will be offered at no up-front cost for just £28 per month.
  • Save £70 on the brand-new Pixel Phone by Google (32GB), or save £100 on the best seller Samsung S7 Edge on the SIM Free pricing.
  • Continued introductory offer on the Samsung Gear 360 – now £249.99, a saving of £100!

For more information on the Carphone Warehouse Black Friday deals, please visit www.carphonewarehouse.com

Notes to editors:

Carphone Warehouse compares the widest range of tariffs on the market so is offering its Price Promise* to any new or upgrading customer. Price Promise means anyone who thinks they’ve found a better deal from either O2, Vodafone or EE on a Pay monthly or SIM Only plan, will have the deal matched by Carphone Warehouse and their first month’s line rental paid for free.

*Offer valid from 8.30 am on 25th November until 23:59 on 28th November

About Dixons Carphone

Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in eleven countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and Knowhow.

Dixons Carphone’s primary brands include Carphone Warehouse and CurrysPCWorld in the UK & Ireland, Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten Phonehouse, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, Dixons Travel in a number of UK & Ireland airports and Phone House in Spain. Our key service brands include Knowhow in the UK, Ireland and the Nordics, and Geek Squad in the UK, Ireland and Spain.

Business-to-business (B2B) services are provided through Connected World Services, PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

Dixons Carphone was voted ‘Retailer of the Year’ at the Retail Week Awards 2016.

For more information about Dixons Carphone plc, please visit www.dixonscarphonegroup.com

Follow us on Twitter: @DixonsCarphone

Please contact Carphone Warehouse Press Office at M&C Saatchi PR for further information:

Press Office: carphonewarehouse@mcsaatchi.com

Source: Dixons Carphone

Currys PC World reports 40% increase in orders during Black Friday 2016 vs. same period last year

LONDON, 2016-Nov-26 — /EPR Retail News/ — ON the morning of Black Friday 2016, Currys PC World is reporting its highest ever number of orders, up 40% on 2015, with over half a million visitors to the website pre-6 am alone.

At 5 am, the UK’s leading electrical retailer saw its highest ever Black Friday mobile share of online traffic at 65%, up 13% against 2015’s peak.

Since the new wave of fresh Black Friday deals went live at midnight, Currys PC World has seen the Google Chromecast and the JVC 32C660 32” Smart LED TV prove to be the two most popular products with customers.

As shoppers made the most of the 10-day Black Tag deals, in the busiest hour yesterday – 9 pm until 10 pm – Currys PC World was selling 23 large screen TVs per minute and received 102 online orders a minute. Leeds (Crownpoint) was the store with the highest number of transactions.

Key tech items proving particularly popular with customers to date including large screen TVs, tablets, the Dyson V6 cordless vacuum cleaner, MacBooks and white goods such as washing machines.

Stuart Ramage, E-Commerce Director at Dixons Carphone, says: “We’ve been preparing for today for almost a year now to ensure the best deals for our customers. We continue to break records with orders already up 40% year-on-year since 2015, and as we predicted, shoppers are making the most of our stores being open early, but also placing orders by mobile devices with our highest ever mobile traffic share since Black Friday began.”

About Dixons Carphone

Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 40,000 people in 9 countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.

Dixons Carphone’s primary brands include Carphone Warehouse, Currys and PC World in the UK & Ireland, Elkjøp, Elgiganten, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, Dixons Travel in a number of UK & Ireland airports and Phone House in Spain, Sweden and Norway. Our key service brands include KNOWHOW in the UK, Ireland and the Nordics, and Geek Squad in the UK, Ireland and Spain.

Business-to-business (B2B) services are provided through Connected World Services, PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

Dixons Carphone was voted ‘Retailer of the Year’ at the Retail Week Awards 2016.

For more information please contact dixonscarphone@mcsaatchi.com / 020 7544 3600

Source: Dixons Carphone

ICA Gruppen confirms talks over a potential acquisition of the Lithuanian grocery chain IKI

Solna, Sweden, 2016-Nov-26 — /EPR Retail News/ — ICA Gruppen today (2016, 25 November) confirms, after reports in local media in Lithuania, that discussions are ongoing with the owners of Palink, over a potential acquisition of the Lithuanian grocery chain IKI.

No agreement has been reached and it is not possible to state with certainty that an agreement will be reached. Further information will be published when there is anything substantial to communicate.

For more information:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen

MIGROS: HANS ASCHWANDEN AUS SEELISBERG IST «AUS DER REGION. FÜR DIE REGION.»-PRODUZENT 2016

MIGROS: HANS ASCHWANDEN AUS SEELISBERG IST «AUS DER REGION. FÜR DIE REGION.»-PRODUZENT 2016
MIGROS: HANS ASCHWANDEN AUS SEELISBERG IST «AUS DER REGION. FÜR DIE REGION.»-PRODUZENT 2016

 

Gossau, Switzerland, 2016-Nov-26 — /EPR Retail News/ — Dierikon – Der Seelisberger Käseproduzent Hans Aschwanden ist «Aus der Region. Für die Region.» (AdR)-Produzent des Jahres 2016 und wurde am 23. November von der Migros Luzern mit der «Goldenen Sonne» ausgezeichnet.

Jedes Jahr bedankt sich die Migros Luzern bei ihren Produzentinnen und Partner für ihre Treue, ihren Innovationsgeist und für ihr Engagement. An diesem „Dankeschön-Tag“ wird zudem der oder die Produzent/in des Jahres gekürt – 2016 der Seelisberger Käseproduzent Hans Aschwanden.

Für die Auszeichnung mit der begehrten «Goldenen Sonne» bewarben sich Produzentinnen und Produzenten im Voraus. Gefragt waren Leistungen in den Bereichen Innovation, soziales Engagement, Nachhaltigkeit, Tierwohl, mutige Investitionen, Mitarbeiterförderung oder Herzblut.

Hans Aschwanden überzeugte die Jury:

  • Mit 13 Arbeitsplätzen in einer Randregion.
  • Mit der hervorragenden Lehrlingsbetreuung.
  • Mit der ökologischen Stromproduktion.
  • Markante Steigerung des Produktionsvolumens.
  • Und natürlich mit dem hervorragenden Seelisberger Bergkäse, der in allen Filialen der Migros Luzern erhältlich ist

Vor 17 Jahren setzte die Genossenschaft Migros Luzern einen Meilenstein mit dem Label «Aus der Region. Für die Region.» (AdR) und bekannte sich damit als erste Detailhändlerin zur regionalen Landwirtschaft. Nach einem Umsatzplus von 2.5% im letzten Jahr, konnte die Genossenschaft Migros Luzern 2016 ihren Umsatz mit Frischeartikeln aus der Region um weitere 5% steigern – damit wurde jeder 7. Franken des Lebensmittelumsatzes mit regionalen Produkten erwirtschaftet.

Contact:
Genossenschaft Migros Luzern
Marisa Michlig
Unternehmenskommunikation
Industriestrasse 2
6036 Dierikon
TEL: 041 455 73 50
E-MAIL: marisa.michlig@migrosluzern.ch

Source: Migros

###

Tesco announces Black Friday deals until 1 December 2016

Tesco announces Black Friday deals until 1 December 2016
Tesco announces Black Friday deals until 1 December 2016

 

CHESHUNT, England, 2016-Nov-26 — /EPR Retail News/ — Customers are set to benefit from even more Black Friday deals today (25 Nov 2016) with the retailer releasing another 300 promotions.

  • Over 700 participating Tesco stores offering Black Friday deals across the country
  • Tesco is already offering market leading prices on the most loved toys this Christmas

Customers are set to benefit from even more Black Friday deals today with the retailer releasing another 300 promotions. Hundreds of Tesco stores opened their doors at 5 am today to help customers to take advantage of the deals.

Thousands of customers have already enjoyed Tesco’s biggest ever Black Friday event. So far this week, there have been over six million visits to the Tesco Direct website, up 40% compared to a typical week.

Top deals launched today (subject to stock availability) include:

  • Blaupunkt 43-134MXN Smart Full HD 43 Inch LED TV with Freeview HD, now £149. Saving £100.
  • Sharp 49 Inch LC-49CFG6001K Full HD LED SMART TV with Freeview, now £199. Saving £130.
  • Samsung UE40KU6020 40 Inch Smart WiFi Built In Ultra HD 4k LED TV with Freeview HD, now £299.
  • Monster iSport Super Slim Bluetooth In-Ears black or lime, now £49. Saving £41 (online only).
  • PS4 Slim 500GB Uncharted 4 Console Bundle & Fifa 17, now £199.
  • LEGO Technic 24 Hours Race Car, now £49.99. Saving £45.
  • Dyson DC34 handheld vacuum £89.

So far this week Tesco has sold almost a hundred items per minute on Tesco Direct. Toys have been the most popular category with one toy sold every two seconds.

Matt Davies, UK&ROI CEO of Tesco, said:  “We’re doing all we can to take the hard work out of Christmas and help our customers get everything they need in one place.

“We’re already offering customers market leading prices on the most loved toys this Christmas, and now we’re launching even more Black Friday deals.”

He adds: “Christmas is an extremely busy time for customers, but with more products now on sale for a longer period, we’re hoping to take the stress out of Christmas shopping for our customers.”

This year is Tesco’s biggest ever Black Friday event with the retailer offering 11 days of amazing deals with up to 50% off products. The event is running on the Tesco Direct website until Thursday 1st December and in-store from Friday 25th November until Thursday 1st December.

Notes to editors

  • Please see further press releases on Black Friday here and here
  • For more details on specific stores which are participating in the Black Friday event please visit the online store locator here http://www.tesco.com/store-locator/uk/
  • Tesco’s top 10 toys for Christmas.

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

Source: Tesco

###

Walmart unveils top products purchased on Black Friday

BENTONVILLE, Ark., 2016-Nov-26 — /EPR Retail News/ — Walmart shared the following statement on how the company delivered on its Black Friday plans for customers. The retailer also unveiled top products purchased on Black Friday and how customers shopped that day in stores and online.

“This Black Friday, we promised customers great deals, more availability of those items, an integrated offering with Walmart.com and the simple shopping experience our customers have come to expect from Walmart. I am proud to say that we’ve delivered on all fronts,” said Steve Bratspies, Chief Merchandising Officer, Walmart U.S. “Our customers were particularly excited about the new technologies we offered this year. In addition to picking up Black Friday favorites like televisions and toys, they flocked to our stores for drones, virtual reality products and hoverboards.”

Thanksgiving and Black Friday Fun Facts and Stats:

  • The week kicked off with customers visiting stores in the days leading up to Thanksgiving to grocery shop. This Thanksgiving, Walmart sold 150 million pounds of turkey and ham. Throughout the month of November, the retailer also sold more than six pies per second with the most popular pies being pumpkin and the Patti LaBelle Sweet Potato Pie.
  • Black Friday is about offering great deals in stores and online. At midnight ET on Thanksgiving Day, customers started shopping on Walmart.com and the Walmart app.Thanksgiving Day was once again one of the top online shopping days of the year.
  • Then, at 6 p.m. the retailer kicked off the company’s Black Friday event in stores across the country. Millions of customers went home with the items they wanted. Top sellers included televisions, cookware, video games and systems, drones, toys and pajamas for the whole family.
  • More than 70 percent of traffic to Walmart.com during the retailer’s Black Friday event was driven by mobile.

It is not over. Walmart’s Cyber Week began at 12:01 a.m. ET on Friday, Nov. 25, and will continue with thousands of online specials every day throughout the week.

“We will continue to focus on offering great prices on great products across the whole store and on Walmart.com for the rest of the holiday season,” Bratspies added.

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,593 stores under 63 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs approximately 2.4 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.

Source: Wal-Mart Stores, Inc.

Amazon.com unveils Cyber Monday deals

  • More than 75,000 deals during the week of Cyber Monday
  • Last year on Cyber Monday, Amazon customers ordered a record-breaking 629 items per second
  • Save up to 50% on select toys from Nerf, Play-Doh, Playskool, and more; save up to 50% on select Callaway Golf Sets; Echo Dot, only $39.99

SEATTLE, 2016-Nov-26 — /EPR Retail News/ — Amazon.com today (Nov. 25, 2016) unveiled its plans for Cyber Monday and, with more than 75,000 deals during the week of Cyber Monday, there is sure to be something for everyone! Customers will continue to find new deals as often as every five minutes on toys, electronics, fashion items, and more at www.amazon.com/cybermonday.

Last year on Cyber Monday, Amazon customers ordered more than 54 million items worldwide – a record-breaking 629 items per second – and it’s expected that this year will be even bigger! On Cyber Monday 2015, Amazon customers purchased more than 33 electronics per second on mobile devices alone.

As new deals are constantly being added, customers are using Watch A Deal to ensure they don’t miss out. The most-watched deal so far this holiday season is a Mermaid Tail Blanket. Download the free Amazon shopping app to easily track deals using Watch A Deal alerts, which notify customers via a mobile alert when a deal is about to start.

The deals below – and more – will be available on Cyber Monday, November 28 at www.amazon.com/cybermonday. Customers can also shop the same deals and selection while giving back to their favorite charity – just start with a smile at smile.amazon.com.

Amazon Devices

  • Dash Buttons, .99 cents to buy and $4.99 credit back after your first purchase
  • Save $40 on Amazon Echo, only $139.99
  • Save $10 on Echo Dot, only $39.99
  • Save $40 on Amazon Tap, only $89.99
  • Fire tablet, only $33.33
  • Save $25 on Fire Kids Edition tablet, only $74.99
  • Save $30 on Fire HD 8, only $59.99
  • Save $30 on Kindle, only $49.99
  • Save $30 on Kindle for Kids Bundle, only $69.99
  • Save $20 on Kindle Paperwhite, only $99.99
  • Save $30 on Kindle Voyage, only $169.99
  • Save $15 on Amazon Fire TV, only $74.99
  • Save $10 on Fire TV Stick with Alexa Voice Remote, only $29.99

Electronics

  • 50” 1080p LED TV, $145
  • 50” 4K Ultra HD Smart TV, $249.99
  • Rif6 Mobile Projector + SoundCube, $245
  • Sony Extra Bass Bluetooth Headphones, $88
  • Sonos PLAY:1 Compact Wireless Smart Speaker, $149
  • Save up to 30% on select HP laptops
  • HP Envy Wireless All-in-One Photo Printer, $49.99
  • Arlo 5-Camera Security System, $469
  • Nest Cam Indoor Security Camera, $163.98

Toys

  • Save up to 50% on select toys from Nerf, Play-Doh, Playskool, and more
  • LINCOLN LOGS Centennial Edition Tin, $32.49
  • Save 48% on Shopkins Shoppies Juice Truck
  • Save 40% on K’NEX Looping Light-Up Roller Coaster Building Set
  • Free accessory set with purchase of Melissa & Doug kitchen

Fashion

  • Save 30% on select clothing, shoes, jewelry, and watches for women, men, kids, and baby

Gift Cards

  • $5 off three Christmas greeting cards with ready-to-load Anytime Gift Cards

Kitchen & Home

  • Blendtec Total Blender, $239.99
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All prices available at select times and while supplies last.

Cyber Monday in an Hour with Prime Now: Customers can also shop more than a hundred Cyber Monday Deals and get them to their door in an hour or less through Prime Now in more than 30 cities in the U.S.

  • Prime members making their first Prime Now purchase will save $15 off their order, plus get $5 off their next order after December 2
  • Existing Prime Now customers will save $5 off their order, plus get $5 off their next order after December 2

Save 40% on calendars with Prime Photos: For a limited time, calendars are 40% off. Design a high-quality, custom calendar to stay connected with loved ones all year long. Calendars can be personalized with photos of family and friends, colorful backgrounds, text, and embellishments for a unique and easy to create gift, with free delivery with Prime. Go to https://www.amazonprinting.com/photo-gift/cards to learn more.

Alexa Voice Shopping Deals: This holiday, hundreds of Amazon’s best deals are available to Prime members with Alexa, including $50 off an August Smart Lock – with compatible Alexa skill and $40 off an Amazon Echo. Simply ask Alexa each day, “Alexa, what are your deals?” when using the Amazon Echo, Echo Dot, Amazon Tap, Amazon Fire TV, or Fire tablet or go to www.amazon.com/alexadeals to learn more. Customers who voice order a deal with a price of $20 or greater between Black Friday and Cyber Monday will earn a bonus $10 Amazon gift card. Prime members can use their voice to order tens of millions of products every day of the year.

More to Watch on Amazon Video: Customers will find unbelievable deals on some of today’s top-rated TV series and popular blockbuster films to rent or purchase and instantly stream on Amazon Video.

More Perks for Prime Members: Prime members can shop thousands of Lightning Deals with 30-minute early access and enjoy unlimited fast, free shipping options, including Two-Day Shipping on more than 30 million items, Prime FREE Same-Day Delivery on more than one million items available in 29 cities, and Prime Now where customers can find tens of thousands of products– available for one- and two-hour delivery in more than 30 cities.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

Media Hotline:

206-266-7180
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

Sainsbury’s sees increase in sales of traditional Thanksgiving products across Britain

Sainsbury’s sees increase in sales of traditional Thanksgiving products across Britain
Sainsbury’s sees increase in sales of traditional Thanksgiving products across Britain

 

London, 2016-Nov-26 — /EPR Retail News/ — As American-fever continues to grip the nation, Sainsbury’s expects to see a boost in sales of classic Thanksgiving foods, in advance of the ‘holiday’ this Thursday.

Traditional Thanksgiving products are expected to surge in regions across Britain with strong American communities – such as US airbases – with sales of sweet potatoes and butternut squash predicted to rise by 30%.

Thanksgiving has been building British momentum for a few years – last year, Sainsbury’s saw a 46% week on week increase in sales of cranberry sauce during the week leading up to the main event, whilst sales of pecans – the essence of a sweet, syrupy pecan pie – were up over 30% compared to the previous week. The increasing popularity of Thanksgiving ties in directly with the explosion of the US food trend, with American confectionary, such as Mega Marshmallows, Reese’s Cups and Butterfingers also seeing a 20% uplift in 2015.

Sainsbury’s will also be stocking canned pumpkin for the first time this year; Baking Buddy Tinned Pumpkin is just £1 and will be available in selected stores nationwide from tomorrow, making it easy for customers to rustle up a pumpkin pie. Turkey crowns, the show-stopper at a Thanksgiving feast, will also arrive in store from today.

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

Source: Sainsbury

###

John Lewis’ Black Friday 2016 on course to be one of its busiest shopping periods

London, 2016-Nov-26 — /EPR Retail News/ — Early indicators suggest that Black Friday 2016 is on course to be one of John Lewis’ busiest shopping periods.

Our busiest period so far has been between 8am and 8.30am as people shopped on their way into work, and we’re taking five orders every second on johnlewis.com.

Sales through mobile phones saw a particular increase with a 21% spike between 8am and 9am.

The most popular products sold to date include:

  • The Sonos Play 1 is our biggest technology seller, selling one every ten seconds
  • The Lego simpsons house is our top seller by value
  • Marc Jacobs perfume is seeing strong sales by number
  • Sophie Conran crockery is our best seller in Home

All John Lewis shops opened their doors at 8am this morning and some shops will stay open later than usual.

Customers are invited to take part in Black Friday on johnlewis.com until midnight on 28 November.

Dino Rocos, lead director and operations director, John Lewis said:

‘Sales on johnlewis.com exceeded expectations overnight as customers logged on to take advantage of our great Black Friday deals.  We expect traffic to continue to the website today but for customers who prefer to visit one of our shops they will open earlier than usual at 8am. Over the weekend we expect to see the usual pattern of trade resume as customers head to our 48 shops.

Rocos continued: ‘We have carefully planned for this year’s Black Friday event to ensure orders can be fulfilled without compromising the customer service and seamless delivery we’re famous for. I’d like to thank our Partners in shops, distribution centres and head office for all of their hard work as we kick-off the countdown to Christmas.’

Notes to editors

John Lewis – John Lewis operates 48 John Lewis shops across the UK (34 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  ‘Best In-Store Experience 2016’, ‘Best Clothing Retailer 2016,’ ‘Best Electricals Retailer 2016,’ ‘Best Furniture Retailer 2016,’ ‘Best Homewares Retailer 2016’ and ‘Best Click & Collect Retailer 2016’1, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 280.000 products and 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.

1Verdict Consumer Satisfaction Awards 2016

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

For further information please contact:

Sian Grieve
Senior Communications Manager, John Lewis
Telephone: 020 7592 6887
Email: sian.grieve@johnlewis.co.uk

Emma Cole
Senior Communications Officer, John Lewis
Telephone: 020 7798 3829
Email: emma.l.cole@johnlewis.co.uk

Source:  John Lewis

Krispy Kreme Doughnuts introduces holiday-inspired treats

Krispy Kreme Doughnuts introduces holiday-inspired treats
Krispy Kreme Doughnuts introduces holiday-inspired treats

 

WINSTON-SALEM, N.C., 2016-Nov-26 — /EPR Retail News/ — Krispy Kreme Doughnuts today (November 25, 2016) announced a holiday-inspired line, including the Melted Snowman Doughnut, Santa Belly Doughnut and Toffee Mocha beverage. These seasonal favorites will be available today through Dec. 25 at participating Krispy Kreme shops in the U.S. and Canada.

“Krispy Kreme’s mission is to spread joy, and with a busy holiday season, sometimes the most joyful moments are when we slow down and share a treat with family and friends,” said Jackie Woodward, Chief Marketing Officer of Krispy Kreme Doughnuts. “These products were created with that mission in mind, and we are thrilled to offer the Melted Snowman Doughnut, Santa Belly Doughnut and Toffee Mocha throughout the holiday season.”

The new Melted Snowman Doughnut is Kreme™ filled and dipped in white icing. The treat is finished off with a chocolate decoration and a candy snowman face.

The Santa Belly Doughnut is a favorite holiday treat. The doughnut is first filled with Hot Cocoa Kreme filling before being hand-decorated with chocolate icing and a candy belt buckle candy.

The Toffee Mocha beverage is a latte with rich toffee flavors and topped with whipped cream. This wintertime treat is available hot, iced or frozen.

Stop in at a participating Krispy Kreme shop to get the season’s most delicious treats and use #KrispyKreme to show off your holiday cheer.

About Krispy Kreme Doughnuts, Inc.

Krispy Kreme Doughnuts, Inc., is a global retailer of premium-quality sweet treats, including its signature Original Glazed doughnut. Headquartered in Winston-Salem, N.C., the Company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Krispy Kreme Doughnuts is proud of its Fundraising program, which for decades has helped non-profit organizations raise millions of dollars in needed funds. Krispy Kreme doughnuts can be found in approximately 12,000 grocery, convenience and mass merchant stores in the U.S. The Company has more than 1,100 retail shops in 29 countries. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one its many social media channels, including www.Facebook.com/KrispyKreme, and www.Twitter.com/KrispyKreme.

Contact:

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

Source: Krispy Kreme Doughnuts

###

Raritan Pharmaceuticals recalls homeopathic products containing belladonna extract

Brunswick, NJ, 2016-Nov-26 — /EPR Retail News/ — Raritan Pharmaceuticals, a contract manufacturer for Homeolab USA, is voluntarily recalling homeopathic products containing belladonna extract (see products below) due to the potential for variation in the content of belladonna extract in the products. The U.S. FDA has tested some products and recovered varying levels of belladonna extract content from what is declared on the label. Raritan Pharmaceuticals is a contract manufacturer of these products for Homeolab USA that supplies the belladonna blends to Raritan Pharmaceuticals.

UPC: 050428424162
Product: CVS Homeopathic Infants’ Teething Tablet 135 tablets
(Please note that CVS has already taken a market action on this product as of September 30, 2016) Lots: 41116 and 43436

UPC: 778159090639
Product: Kids Relief Homeopathic Ear Relief Oral Liquid 0.85 fl. oz. Lot: 35254

UPC: 050428441633
Product: CVS Homeopathic Kids’ Ear Relief Liquid 0.85 fl. oz. Lot: 33149

The homeopathic products have a very small amount of belladonna, a substance that can cause harm at larger doses. The company is voluntarily recalling the product out of an abundance of caution.

These products were distributed Nationwide. Consumers with any product being recalled should stop using the product. Consumers with questions regarding this recall can contact Raritan Pharmaceuticals by phone at 1-866-467-2748 (Monday-Friday from 8am to 5:30pm EST).

No other Homeolab or Raritan products are affected.

Consumers should contact their physician or healthcare provider if they have experienced any problems that may be related to taking or using this drug product.

Adverse reactions or quality problems experienced with the use of this product may be reported to the FDA’s MedWatch Adverse Event Reporting program:

Complete and submit the report online at www.fda.gov/medwatch/report.htm or
Download and complete the form, then submit it via fax at 1-800-FDA-0178

This recall is being conducted with the knowledge of the U.S. Food and Drug Administration.

Online Version of Press Release:
You can read the online version of this press release at: http://www.pr.com/press-release/696510

Consumers Contact:

Raritan Pharmaceuticals
Sushant Pradhan
1-866-467-2748

Source: FDA

REWE Group steigert nochmals die Frische der Warengruppe bei REWE und PENNY

REWE Group steigert nochmals die Frische der Warengruppe bei REWE und PENNY
REWE Group steigert nochmals die Frische der Warengruppe bei REWE und PENNY

 

Koln, Deutschland, 2016-Nov-26 — /EPR Retail News/ — Frischeoffensive: Nach rund sieben Monaten Bauzeit nimmt die REWE Group heute (24.11.) in Eitting bei München ihr bundesweit drittes Kopflager für Obst und Gemüse in Betrieb.

Bisher fuhren sämtliche Obst- und Gemüse-Lieferanten eines oder gar mehrere der Regionalläger in Eitting, Eching und Buttenheim an, um die rund 1.000 REWE-, PENNY- und nahkauf-Märkte in Bayern zu beliefern. Künftig liefern sie ihre Waren an das Kopflager in Eitting. Von dort aus übernimmt die REWE Group Fruchtlogistik die logistische Versorgung der Regionalläger. Davon ausgenommen sind Lieferanten regionaler Sortimente, die auch weiterhin direkt die Regionalläger anfahren. In den kommenden Jahren wird die REWE Group außer in Leipzig, Berkhof (Hannover) und Eitting zwei weitere Kopfläger ans Netz gehen lassen. Pro Jahr werden in Eitting rund 150.000 Tonnen Obst und Gemüse umgeschlagen. Gleichzeitig übernimmt das neue Eittinger Lager noch die internationale Verteilung bestimmter Warengruppen.

Die Umstellung auf Kopfläger hat für die REWE Group gleich mehrere Vorteile: Zunächst steigt die Frische der sensiblen Warengruppe über die Regionalläger bis in die Märkte. Denn bisher mussten große Teile des gesamten Obst- und Gemüsesortiments in jedem der Regionalläger vorrätig gehalten werden. Künftig ist dies nur noch im Kopflager notwendig. Insgesamt sinkt dadurch die bevorratete Menge an Obst und Gemüse. Zweiter Vorteil: Die Mengenplanung wird bedarfsgerechter, weil im Kopflager die von den Regionallägern benötigten Volumina gebündelt werden. Die breitere Datenbasis erleichtert die Prognose und die bedarfsgerechte Versorgung der Regionalläger. Davon profitieren letztlich die Märkte, denn sie werden nicht nur schneller, sondern auch mengenmäßig präziser versorgt. Fehlartikeln – aber auch Bestellüberhängen – wird noch konsequenter vorgebeugt. Schließlich erlaubt die Bündelung der Ware im Kopflager eine noch effektivere Qualitätskontrolle der gelieferten Waren. Bisher erfolgte diese dezentral auf Ebene der Regionalläger. Für die Lieferanten bringen Kopfläger deutliche Zeitvorteile. Denn für sie fallen die Fahrten zu den einzelnen Regionallägern und die damit verbundenen Anfahrt-, Warte- und Andockzeiten weg.

„Die REWE Group entwickelt ihre REWE- und PENNY-Filialen systematisch weiter. Fast täglich passen wir unsere Sortimente an die sich wandelnden Kundenwünsche an. Wir haben quasi jeden Tag eine kleine Volksabstimmung. Das kann aber nur gelingen, wenn wir uns auch in den rückwärtigen Bereichen und der Logistik immer weiter entwickeln. Das Konzept der Kopfläger ist dabei ein wesentlicher Baustein. Mit den Kopflägern legen wir bereits heute die Basis für die Obst&Gemüse-Sortimente von Morgen“, erklärt Oliver Mans, stellvertretender Vorsitzender der Geschäftsführung der REWE Group Buying.

Eugenio Guidoccio, Geschäftsführer der REWE Group Fruchtlogistik und Mitglied der Geschäftsleitung REWE Group Buying, stellt heraus: „Obst und Gemüse sind eine sehr sensible Warengruppe, die maßgeblich zu unserem Image beiträgt. Mit der Strategie der Kopfläger erweitern und optimieren wir unsere Logistik für diese Warengruppe und stellen die wesentlichen Basisfähigkeiten zu einem erfolgreichen Umsetzen unserer Gesamtstrategie sicher. Unser Blick ist auf die Schaffung internationaler Bündelungen und einer Beschleunigung der Lieferwege gerichtet, auch in Bezug auf Österreich und einige CEE-Länder.“

„Bei geringerem Warenbestand in den Lägern erhöhen wir die Warenverfügbarkeit in unseren REWE- und PENNY-Märkten. Die Bündelung im Kopflager erleichtert zudem die Qualitätssicherung. Wir können nun den gesamten Bestand zentral kontrollieren. Außerdem sparen unsere Lieferanten Zeit“, resümiert Matthias Geuder, Geschäftsführungsmitglied der REWE Group Fruchtlogistik, die Vorteile anlässlich der feierlichen Übergabe.

„Die Ansiedlung des Kopflagers zeigt deutlich, wie attraktiv Eitting mit seiner Lage im Erdinger Moos ist. Lebensmittel-Logistik ist heute mehr denn je ein extrem zeitkritisches Metier. In der Ansiedlung sehen wir auch ein Indiz, dass es uns gelungen ist, ein stimmiges Gesamtkonzept zu bieten“, freut sich Bürgermeister Georg Wiester.

Das 10.000 Quadratmeter große Kopflager in Eitting wurde in nur sieben Monaten errichtet (Baubeginn: Mai 2016) und verfügt über 40 An- und Auslieferungstore. Am Standort arbeiten bis zu 60 Beschäftigte.

Foto: Andreas Köhler

Bildunterschrift: Viel Platz. Im neuen Kopflager der REWE Group, das am 24.11.2016 offiziell eröffnet wurde,  werden jährlich rund 150.000 Tonnen Obst&Gemüse umgeschlagen. Mit dem bundesweit dritten Kopflager nach Leipzig und Berkhof bei Hannover optimiert die REWE Group ihre Obst&Gemüse-Logistik.

V. l. n. r.:

  • Martin Bayerstorfer, Landrat des Landkreises Erding
  • Matthias Geuder, Geschäftsführungsmitglied der REWE Group Fruchtlogistik
  • Florian Naegele, Leiter PENNY-Region Eching
  • Hendrik Busmann, Betriebsleiter des Kopflagers
  • Eugenio Guidoccio, Geschäftsführer der REWE Group Fruchtlogistik
  • Georg Wiester, Erster Bürgermeister der Gemeinde Eitting
  • Volker Hornsteiner, Leiter der REWE-Region Süd

Die genossenschaftliche REWE Group ist einer der führenden Handels- und Touristikkonzerne in Deutschland und Europa. Im Jahr 2015 erzielte das Unternehmen einen Gesamtaußenumsatz von über 52,4 Milliarden Euro. Die 1927 gegründete REWE Group ist mit ihren 330.000 Beschäftigten und 15.000 Märkten in 20 europäischen Ländern präsent. In Deutschland erwirtschafteten im Jahr 2015 rund 232.000 Mitarbeiter in rund 10.000 Märkten einen Umsatz von 38,2 Milliarden Euro.

Zu den Vertriebslinien zählen Super- und Verbrauchermärkte der Marken REWE, REWE CENTER, REWE CITY und BILLA, der Discounter PENNY sowie die Baumärkte von toom und B1 Discount Baumarkt. Hinzu kommen die Bio-Supermärkte (TEMMA), innovative Convenience-Märkte (REWE To Go), das Gastrokonzept „Oh Angie!“ und E-Commerce-Aktivitäten REWE Lieferservice sowie Zooroyal, Weinfreunde und Kölner Weinkeller. Zur Touristik gehören unter dem Dach der DER Touristik Group die Veranstalter ITS, Jahn Reisen und Travelix sowie Dertour, Meier’s Weltreisen, ADAC Reisen, Kuoni, Helvetic Tours, Apollo und Exim Tours sowie die Geschäftsreisesparte FCM Travel Solutions und über 2.400 Reisebüros (u.a. DER Reisebüro, DERPART, Kuoni), die Hotelmarken lti, Club Calimera, Cooee und PrimaSol und der Direktveranstalter clevertours.com.

Für Rückfragen:
REWE Group-Unternehmenskommunikation
Tel: +49 221 149 1050
Fax: +49 221 138898
Mail: presse@rewe-group.com

Source: REWE Group

###

BESTSELLER’s releases Sustainability Report 2015/16

BRANDE, Denmark, 2016-Nov-26 — /EPR Retail News/ — Today (25 november 2016), we launch BESTSELLER’s Sustainability Report 2015/16 – a report that captures how far we have come in our efforts towards being among the most sustainable high street fashion companies.

“This year, we have adjusted our strategy in order to ensure that it continuously reflects a high commitment and ambition level and that it embraces new sustainability tendencies and focus areas. We have set a new goal to reduce the amount of virgin plastic in our packaging and in our supply chain, and we have emphasised our commitment to integrate animal welfare in our buying practices to a higher degree,” says Mogens Werge, Communication & Sustainability Director.

The core of BESTSELLER’s sustainability work is continuously to ensure responsible supply chain management in all production countries. As of 31 July 2016, BESTSELLER’s supply base includes 425 suppliers manufacturing at 831 factories, and the compliance rate is stable at 93%, while the last 7% are under remediation.

“We address many complex issues that cannot be solved over night or by BESTSELLER alone. Therefore, we engage in various multi-stakeholder collaborations to find joint solutions to these issues at industry level,” says Mogens Werge

This year, BESTSELLER has become a Foundation Stage Member of the Ethical Trading Initiative, a leading alliance of companies, trade unions and NGOs that promotes respect for workers’ rights around the world. BESTSELLER has also become a member of the Ellen McArthur Foundation CE 100 group with the aim of understanding and assessing the challenges and opportunities of bringing circular economy into a business context.

We have come far in our work and achieved satisfactory results, but our work continues. What’s most important is that we keep making progress on our goals and work proactively to make continuous improvements in our supply chain,” says Mogens Werge.

Read the Sustainability Report 2015/16 here

For further details, please contact:
Sustainability & Communication Director Mogens Werge
mogens.werge@bestseller.com
+45 27 95 87 13

Source: Bestseller

New World Hutt City closed until further notice due to earthquake damage risk identified

Auckland, New Zealand, 2016-Nov-26 — /EPR Retail News/ — New World Hutt City is currently closed due to the possible demolition of a neighbouring building at the Queensgate Mall.

Just prior to 8pm this evening (24/11/2016) Hutt City Council issued Foodstuffs with a warrant under the s129 Building Act 2004 regarding earthquake damage risk identified with the Queensgate Building. Receipt of the warrant means that with immediate effect the decision was taken to close New World Hutt City. The store will remain closed until further notice.

No other Foodstuffs stores in the Wellington region are affected by this issue and there are no safety issues with the New World Hutt City building. The store has been cleared by engineers following last week’s earthquakes and the closure is a precautionary measure only due to the potential risk posed by the neighbouring Queensgate Building.

“We are unable to give any further detail at this stage,” says Chris Quin, CEO, Foodstuffs North Island Ltd. “Our priority right now is with the customers and staff and ensuring the appropriate measures are taken with the closure of the store. We apologise to customers for the inconvenience, but staff and customer safety is paramount and legally we are required to act.”

The Williams family have been part of the Hutt City community for around 30 years, they are 100% committed to working with council and getting the store open again as soon as possible.

Steve Williams says, “Sarah and I are absolutely gutted that the store has been closed tonight. The team really pulled together following last Sunday night’s earthquake, they pitched in to get the store cleaned up and open for business and despite the aftershocks and bad weather we kept serving our loyal customers. To get through all of that unscathed and have the store closed due to risk from a neighbouring building is really tough to deal with – I’ve personally been at this store for over 25 years and I can guarantee you we’re not going anywhere. Our top priority is working with council to get the store open and serving the community again as soon as we can.”

“On behalf of the Williams family I would like to apologise to all of our loyal customers for the inconvenience, please bear with us, we are doing everything we can to work this through and get back to business as usual,” says Steve.

New World Hutt City customers are advised that the nearest New World stores to Hutt City are;

  • New World Stokes Valley – Oates/Evans Streets, Stokes Valley
  • New World Silverstream – 28 Whiteman’s Rd, Silverstream
  • New World Railway Metro – Wellington Railway Station, 2 Bunny Street, Wellington
  • New World Thorndon – 150 Molesworth Street, Thorndon

For up-to-date information on the status of this store please go to the New World Facebook page.

For further information please call Hutt City Council on 027 403 5348 .

Source: FoodstuffsNZ

SM Investments Corporation (SMIC) sets the coupon for its Peso-denominated Series G, 7-year retail bonds at 5.1590% p.a.

Pasay City, Philippines, 2016-Nov-26 — /EPR Retail News/ — SM Investments Corporation (SMIC) has set the coupon for its Peso-denominated Series G, 7-year retail bonds at 5.1590% p.a. SMIC will issue an aggregate principal amount of Php15.0 billion of the Series G bonds, with an option to issue an additional amount of up to Php5.0 billion. The bonds are scheduled to be offered by SMIC to investors through underwriters from November 25 to December 2, 2016. The retail bonds are set to be issued on December 9, 2016.

This series of SMIC bonds due 2023 is the fourth offering by SMIC of Peso-denominated retail bonds to the public. Similar to its previous bond issues, the SMIC Series G bonds have been rated PRS Aaa by Philippine Rating Services Corporation (PhilRatings). A rating of PRS Aaa is the highest rating assigned by PhilRatings, and is assigned to long-term debt securities with the smallest degree of investment risk. This rating denotes that SMIC’s capacity to meet its financial commitment is extremely strong.

The SMIC bonds’ joint issue managers are BDO Capital & Investment Corporation and China Bank Capital Corporation, which are also acting as joint lead underwriters and joint bookrunners together with BPI Capital Corporation and First Metro Investment Corporation. SB Capital Investment Corporation is a co-lead underwriter for the bond issue.

About SM Investments Corporation

SM Investments Corporation (SM) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SM is one of the more responsible companies in the country due to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.

SM’s retail operations enjoy a strong brand franchise consisting of THE SM STORE; a strong portfolio of leading specialty retailers including Ace Hardware, SM Appliances, Homeworld, Our Home, Toy Kingdom, Watsons and others; and its food retail chains, namely SM Supermarket, SM Hypermarket, Savemore and WalterMart stores. SM’s property arm, SM Prime Holdings, Inc., is one of the largest integrated property developers in the Philippines with interests in mall, residential, commercial and tourism development. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s leading bank and in China Banking Corporation (China Bank), the sixth largest private bank. Combined, these two banks have a network of over 1,400 branches nationwide.

For more about SM, visit www.sminvestments.com

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

Source: SM Investments Corporation