RUSSIA: Lenta announces the opening of its fourth hypermarket in Ufa

With this opening, Lenta expands its network in the Volga region to 30 hypermarkets in 20 cities

St. Petersburg, Russia, 2016-Nov-29 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fourth hypermarket in Ufa.

The new store is a Lenta standard format hypermarket located at 1 Sipaylovskaya str., Ufa. The store has a total area of 11,000 sq.m with 7,018 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 26,000 SKUs has been selected specifically for residents of Ufa and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 560 parking spaces and 40 cash registers. The property is owned by Lenta.

The opening in Ufa is Lenta’s twenty seventh hypermarket opening in 2016 and brings the total number of Lenta stores to 166 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 166 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,026,986 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 20161.

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

Hollister launches its annual “Buy a Coat, Give a Coat” campaign in partnership with non-profit Operation Warm

TO PROVIDE 10,000 NEW COATS FOR CHILDREN IN NEED

New Albany, OH, 2016-Nov-29 — /EPR Retail News/ — Hollister Co., a division of Abercrombie & Fitch Co. (NYSE: ANF), launched its annual “Buy a Coat, Give a Coat” campaign in partnership with non-profit organization, Operation Warm. For each winter coat sold in Hollister stores across the United States and online from Tuesday, November 29 through Tuesday, December 13, a new Operation Warm coat will be donated to a child in need, up to 10,000 coats. In addition, starting today (November 29, 2016) through Friday, December 2, Hollister will donate $1 to Operation Warm for each use of the Hollister + Operation Warm Snapchat Geofilter, up to $10,000.

“As a company, we support health and wellness programs that enrich the lives of children and teens and we are grateful that our strong partnership with Operation Warm allows us to do this in such a meaningful way,” said Kristin Scott, Brand President of Hollister Co. “We are excited for the continuation of this program and we are looking forward to providing new, warm coats for children across the country this holiday season.”

The Operation Warm coats will be distributed to communities across the nation, as well as an elementary school near the company’s headquarters in Columbus, Ohio.

“Last year, we partnered with Hollister for the first time and were simply blown away by their overwhelming support to help children in need,” said Dick Sanford, Chairman & Founder of Operation Warm. “We are beyond excited to continue our partnership and discover new ways to help even more children across the country experience a gift of happiness and warmth through a new winter coat.”

Operation Warm is a non-profit organization dedicated to helping families in need by providing brand new winter coats to children around the United States. Founded in 1998, they manufacture high-quality winter coats exclusively for the children they serve. To date, Operation Warm has given new winter coats to over two million children throughout the country.

To help support this cause, stop by a Hollister store and follow @hollisterco this holiday season. To learn more about Operation Warm visit www.operationwarm.org.

About Hollister Co. 
The quintessential retail brand of the global teen consumer, Hollister Co. celebrates the liberating spirit of the endless summer inside everyone.  Inspired by California’s laidback attitude, Hollister’s clothes are designed to be lived in and made your own, for wherever life takes you. A division of Abercrombie & Fitch Co. (NYSE: ANF), Hollister provides an engaging, welcoming, and unique shopping experience through its global e-commerce websites and its 550 retail locations.

Media Contact:
Michael Scheiner
Abercrombie & Fitch Co.
(614) 283-6192
Public_Relations@abercrombie.com

Investor Contact:
Brian Logan
Abercrombie & Fitch Co.
(614) 283-6877
Investor_Relations@abercrombie.com

Source: Abercrombie & Fitch Co.

Tiffany & Co. reports 3Q 2016 results

NEW YORK, 2016-Nov-29 — /EPR Retail News/ — Tiffany & Co. (NYSE:TIF) reported that worldwide net sales increased 1% in the three months (“third quarter”) ended October 31, 2016, reflecting mixed results across geographic regions and product categories. Net earnings increased 5% in the third quarter and earnings per diluted share rose 9%.

In the third quarter:

  • Worldwide net sales rose 1% to $949 million and comparable store sales declined 2%. A modest increase in fashion jewelry sales was offset by softness in other product categories. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see “Non-GAAP Measures”), worldwide net sales were unchanged from the prior year and comparable store sales declined 3%.
  • Net earnings increased 5% to $95 million, or $0.76 per diluted share, from $91 million, or $0.70 per diluted share, in the prior year. The earnings growth reflects an improvement in gross margin and, to a lesser extent, lower interest and other expenses, partly offset by a lack of sales leverage on selling, general and administrative expenses.

In the year-to-date (nine months ended October 31):

  • Worldwide net sales of $2.8 billion were 4% below the prior year, and comparable store sales declined 6% due to varying rates of decline in all regions except Japan. On a constant-exchange-rate basis, worldwide net sales and comparable store sales were 4% and 7%, respectively, below the prior year.
  • Net earnings were $288 million, or $2.29 per diluted share, compared with $301 million, or $2.32 per diluted share, in the prior year. Earnings in the current year-to-date included a tax benefit of $0.05 per diluted share in the first quarter related to the settlement of a tax examination. Earnings in the first nine months of the prior year included an impairment charge of $0.05 per diluted share in the second quarter in respect of a loan to a diamond mining company (see “Non-GAAP Measures”).

Frederic Cumenal, chief executive officer, said, “We are encouraged by some early signs of improvement in sales trends, but we clearly need more positive data over time before this can be considered an inflection point. In this recent quarter, we saw a smaller sales decline in the U.S. from earlier this year, while Asia-Pacific results reflected strong growth in mainland China and a relatively smaller decline in Hong Kong. Our business in Japan performed well which we attribute to spending by domestic consumers, but we believe the strengthening of the yen has negatively impacted purchases by Chinese consumers. We also saw relative strength in UK sales, but a continuation of softness on the European continent.”

He added, “This year, we’ve added exciting new designs across our jewelry and watch categories and are pleased with initial customer response. As the global environment continues to reflect economic and other challenges that we believe are continuing to affect customer demand, it is more important than ever that we remain focused on strategies to deliver extraordinary products and experiences to our customers. Over the long-term, our objective is to enhance profitability and productivity through sales growth and prudent expense and inventory management, while further strengthening our competitive position among global luxury brands.”

Net sales by region were as follows:

  • In the Americas, total sales of $417 million in the third quarter were 2% below the prior year, and sales of $1.25 billion in the year-to-date were 7% below the prior year; comparable store sales declined 2% and 7% in the respective periods. On a constant-exchange-rate basis, total sales declined 2% in the third quarter and 6% in the year-to-date; comparable store sales declined 2% and 7%, respectively. Management attributed the sales decline in the quarter to lower spending by U.S. customers which was largely offset by higher spending attributed to foreign tourists primarily from Japan.
  • In the Asia-Pacific region, total sales rose 4% to $247 million in the third quarter and declined 4% to $715 million in the year-to-date; comparable store sales declined 7% and 11%, respectively. On a constant-exchange-rate basis, total sales rose 3% in the third quarter and declined 2% in the year-to-date; comparable store sales declined 7% and 10%, respectively. In the quarter, management noted double-digit sales growth in China, solid retail and wholesale sales growth in Korea and a decelerating rate of sales decline in Hong Kong, as well as continued sales declines in Australia and Singapore.
  • In Japan, sales benefited from the yen strengthening versus the U.S. dollar, with total sales increasing 13% to $150 million in the third quarter and 10% to $419 million in the year-to-date, but were negatively affected by lower wholesale sales; comparable store sales rose 20% and 15%, respectively. However, on a constant-exchange-rate basis, total sales declined 4% in the third quarter and 3% in the year-to-date, reflecting lower wholesale sales, while comparable store sales rose 2% and 1%, respectively. Management noted higher spending attributed to local customers in the quarter, along with lower spending attributed to Chinese tourists in both periods.
  • In Europe, total sales declined 10% to $104 million in the third quarter and 10% to $312 million in the year-to-date; comparable store sales declined 14% and 15%, respectively. On a constant-exchange-rate basis, total sales declined 2% in the third quarter and 6% in the year-to-date; comparable store sales declined 7% and 11%, respectively. Management attributed soft demand across continental Europe, especially in France, to both local customers and foreign tourists, while strong local-currency sales growth in the United Kingdom was primarily attributable to higher foreign tourist spending.
  • Other sales rose 18% to $31 million in the third quarter due to increased wholesale sales of diamonds, and declined 7% to $71 million in the year-to-date as an increase in wholesale sales of diamonds was offset by lower retail sales in the United Arab Emirates (“UAE”). Comparable store sales declined 12% and 19% in the respective periods.
  • Tiffany opened four Company-operated stores in the third quarter and closed two existing locations, all in the Asia-Pacific region. At October 31, 2016, the Company operated 313 stores (125 in the Americas, 85 in Asia-Pacific, 55 in Japan, 43 in Europe, and five in the UAE), versus 305 stores a year ago (125 in the Americas, 79 in Asia-Pacific, 56 in Japan, 40 in Europe, and five in the UAE).

Other highlights:

  • Gross margins (gross profit as a percentage of net sales) of 61.0% in the third quarter and 61.4% in the year-to-date were higher than 60.2% and 59.7%, respectively, in the prior year. The increases were due to lower product input costs, changes in product sales mix and price increases taken in the past year, partly offset by the impact of increased wholesale sales of diamonds.
  • SG&A expenses increased 4% in the third quarter primarily due to increases in store occupancy and depreciation expenses, marketing expenses, and labor and incentive compensation costs. SG&A expenses rose 1% in the year-to-date, primarily reflecting increased store occupancy and depreciation expenses, lower benefit costs and the effect of a loan impairment charge recorded last year.
  • The effective tax rates were 34.6% in the third quarter and 33.0% in the year-to-date, versus 35.5% and 34.8%, respectively, in the prior-year. The decline from last year in the year-to-date effective tax rate reflected the favorable impact of the conclusion of a tax examination in this year’s first quarter.
  • Cash and cash equivalents and short-term investments were $787 million at October 31, 2016, versus $725 million at October 31, 2015. Total debt (short-term and long-term) as a percentage of stockholders’ equity was 38% at October 31, 2016 and 37% at October 31, 2015.
  • Net inventories at October 31, 2016 were 2% lower than at October 31, 2015.
  • Capital expenditures were $157 million and $159 million in the nine months ended October 31, 2016 and 2015.
  • The Company repurchased approximately 455,000 shares of its Common Stock in the third quarter at an average cost of approximately $68 per share, and repurchased approximately 2.8 million shares at an average cost of approximately $65 per share in the year-to-date. At October 31, 2016, approximately $313 million remained available for repurchases under a program that authorizes the repurchase of up to $500 million of the Company’s Common Stock and that expires on January 31, 2019.
  • With respect to the impact of recent election-related activity near the Company’s New York Flagship store, management has noted some adverse effect on traffic in that store and a continuation of sales softness relative to prior year and to the Company’s other U.S. stores this year. That store represented less than 10% of worldwide net sales for the three and nine-month periods ended October 31, 2016, as well as for each quarter in fiscal 2015. The Company cannot provide any assurance that sales in that store will not be negatively affected by this activity in the fourth quarter or in any future period.

Outlook:

For the full 2016 fiscal year, management is maintaining its outlook to expect: (i) worldwide net sales declining by a low single-digit percentage from the prior year and (ii) earnings per diluted share declining by a mid-single-digit percentage from 2015’s adjusted earnings (which excluded loan impairment and certain staffing and occupancy charges – see “Non-GAAP Measures”). These expectations are approximations and are based on the Company’s plans and assumptions, including: (i) worldwide gross retail square footage increasing 3%, net through 11 store openings, 6 relocations and 6 closings; (ii) operating margin below the prior year (excluding the prior year’s charges – see “Non-GAAP Measures”) due to an anticipated increase in gross margin more than offset by SG&A expense growth; (iii) interest and other expenses, net unchanged from 2015; (iv) an effective income tax rate lower than the prior year; (v) the U.S. dollar unchanged at current spot rates versus other foreign currencies for the balance of the year; and (vi) weighted average diluted shares outstanding lower than in fiscal 2015.

Management also expects for the full 2016 fiscal year: (i) net cash provided by operating activities of at least $660 million and (ii) free cash flow (net cash provided by operating activities less capital expenditures – see “Non-GAAP Measures”) of at least $400 million. These expectations are approximations and are based on the Company’s plans and assumptions, including: (i) net inventories unchanged from the prior year, (ii) capital expenditures of $250 million and (iii) net earnings in line with management’s expectations as described above.

Today’s Conference Call:

The Company will conduct a conference call today at 8:30 a.m. (Eastern Time) to review actual results and the outlook. Please click on http://investor.tiffany.com (“Events and Presentations”).

Next Scheduled Announcements:

The Company expects to report its sales results for the two month holiday period ending December 31, 2016 on Tuesday January 17th before the market opens. To be notified of future announcements, please register at http://investor.tiffany.com (“E-Mail Alerts”).

Tiffany is the internationally-renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit www.tiffany.com or call our shareholder information line at 800-TIF-0110.

Forward-Looking Statements:

The historical trends and results reported in this document and on our third quarter earnings call should not be considered an indication of future performance. Further, statements contained in this document and made on such call that are not statements of historical fact, including those that refer to plans, assumptions and expectations for the current fiscal year and future periods, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the statements under “Outlook” as well as statements that can be identified by the use of words such as ‘expects,’ ‘projects,’ ‘anticipates,’ ‘assumes,’ ‘forecasts,’ ‘plans,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘pursues,’ ‘continues,’ ‘outlook,’ ‘may,’ ‘will,’ ‘can,’ ‘should’ and variations of such words and similar expressions. Examples of forward-looking statements include, but are not limited to, statements we make regarding the Company’s plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.

These forward-looking statements are based upon the current views and plans of management, speak only as of the date on which they are made and are subject to a number of risks and uncertainties, many of which are outside of our control. Actual results could therefore differ materially from the planned, assumed or expected results expressed in, or implied by, these forward-looking statements. While we cannot predict all of the factors that could form the basis of such differences, key factors include, but are not limited to: global macroeconomic and geopolitical developments; changes in interest and foreign currency rates; shifting tourism trends; regional instability, violence (including terrorist activities), election-related or other political activities or events, and weather conditions that may affect local and tourist consumer spending; changes in consumer confidence, preferences and shopping patterns, as well as our ability to accurately predict and timely respond to such changes; shifts in the Company’s product and geographic sales mix; variations in the cost and availability of diamonds, gemstones and precious metals; changes in our competitive landscape; disruptions impacting the Company’s business and operations; failure to successfully implement or make changes to the Company’s information systems; gains or losses in the trading value of the Company’s stock, which may impact the amount of stock repurchased; and our ability to successfully control costs and execute on, and achieve the expected benefits from, the operational and strategic initiatives referenced above. Developments relating to these and other factors may also warrant changes to the Company’s operating and strategic plans, including with respect to store openings, closings and renovations, capital expenditures, information systems development, inventory management, and continuing execution on, or timing of, the aforementioned initiatives. Such changes could also cause actual results to differ materially from the expected results expressed in, or implied by, the forward-looking statements.

Additional information about potential risks and uncertainties that could affect the Company’s business and financial results is included under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2016 and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent quarterly report on Form 10-Q. Readers of these documents should consider the risks, uncertainties and factors outlined above and in the Form 10-K in evaluating, and are cautioned not to place undue reliance on, the forward-looking statements contained herein. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law or regulation.

Contact:

Mark L. Aaron
212-230-5301
mark.aaron@tiffany.com

Source: Tiffany & Co.

LCP: Children’s charity Barnardo’s opens shop at Boscomoor Shopping Centre in Penkridge

London, 2016-Nov-29 — /EPR Retail News/ — Children’s charity Barnardo’s has opened a fundraising shop in Penkridge, Staffordshire, London & Cambridge Properties (LCP) has announced.

The shop at Unit 7a, Boscomoor Shopping Centre, Wolverhampton Road, opened after the charity agreed a 10-year lease with LCP, which manages the nine-store site.

The 1,004 sq ft property is the seventh store that Barnardo’s has opened in an LCP property in the past 12 months. Andrew Allen at LWE Commercial Property Advisers represented the charity during the negotiations.

Jo Salmon, retail portfolio manager at LCP, said: “We have a close relationship with Barnardo’s, having worked with the charity for a number of years accommodating their property requirements, within our portfolio. We are pleased to have been able to help yet again so that it can continue its fundraising efforts.”

Other stores at Boscomoor Shopping Centre, include: The Co-operative and Flaming Grill.

Media Enquiries:

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

Source: London and Cambridge Properties

InvenTrust Properties Corp. extends its modified “Dutch Auction” tender offer to December 1, 2016

OAK BROOK, Ill., 2016-Nov-29 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”) announced today (11/28/2016) that in order to provide additional time to stockholders to submit paperwork to validly tender their shares, and to allow them to correct any paperwork submitted in error, the Company has decided to extend its modified “Dutch Auction” tender offer (the “Offer”) to 5:00 p.m. New York Time on Thursday, December 1, 2016. The Offer was previously scheduled to expire at 5:00 p.m. New York Time on Monday, November 28, 2016.

In accordance with the terms of the Offer and subject to its conditions, tendering stockholders will specify the price or prices at which they are tendering their shares, which may not be greater than $2.94 nor less than $2.45 per share. The purchase price will be the lowest price that will enable the Company to buy up to $200 million in value of its shares of common stock pursuant to the Offer. Upon expiration, payment for the shares of common stock accepted for purchase under the Offer will occur promptly in accordance with applicable law.

None of the Company, its board of directors, or DST Systems, Inc. (“DST”), in its capacity as depositary, paying agent or information agent, makes any recommendation to stockholders as to whether to tender or refrain from tendering their shares or as to the price or the prices at which they may choose to tender their shares. Each stockholder must make his, her or its own decision whether to tender shares, and if so, how many shares to tender and the price or prices at which to tender.

As of November 25, 2016, approximately 109.1 million shares have been tendered. Please note that the number of shares tendered may change significantly between such date and the new expiration date of December 1, 2016. In accordance with rules promulgated by the Securities and Exchange Commission (“SEC”), the Company may increase the number of shares accepted for payment in the Offer by up to 2% of the outstanding shares without amending or extending the Offer. This could result in the dollar value of the Offer increasing by up to approximately $42 million assuming a purchase price at the low end of the range or $51 million assuming a purchase price at the high end of the range. All shares purchased by the Company pursuant to the Offer will be purchased at the same price. InvenTrust expects to fund the tender offer with cash on hand.

Any questions or requests for assistance may be directed to DST by telephone toll free at 855-377-0510. Requests for copies of the offer to purchase, the letter of transmittal or other tender offer materials may be directed to the information agent and such copies will be furnished promptly at the Company’s expense. Stockholders may also want to consider contacting their broker dealer, commercial bank, trust company, custodian or other nominee for assistance concerning the Offer.

Important Notice

This press release is a summary provided for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of the Company. The full details of the modified “Dutch Auction” tender offer, including complete instructions on how to tender shares, will be included in the offer to purchase, the letter of transmittal and other related materials, which the Company will publish, send or give to stockholders upon commencement of the tender offer, and file with the SEC. Stockholders are urged to read carefully the offer to purchase, the letter of transmittal and other related materials when they become available because they contain important information, including the terms and conditions of the Offer. Stockholders may obtain free copies of the offer to purchase, the letter of transmittal and other related materials after they are filed by the Company with the SEC at the SEC’s website at www.sec.gov. Each stockholder should consult with its tax advisor, broker, dealer, commercial bank, trust company, custodian or other nominee to evaluate the consequences of tendering or selling Shares in the Offer.

About InvenTrust Properties Corp.

InvenTrust became a self-managed REIT in 2014 and as of September 30, 2016, is an owner and manager of 88 retail properties, representing 15.1 million square feet of retail space, and one non-core property.

Forward-Looking Statements Disclaimer

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain and involve known and unknown risks that are difficult to predict. Factors that may cause actual results to differ materially from current expectations include, among others, the Risk Factors included in InvenTrust’s most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the SEC. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contact:
Dan Lombardo
630-570-0605
dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

CURRYS PC World reports increase in shoppers opting for click and collect on Black Friday 2016

LONDON, 2016-Nov-29 — /EPR Retail News/ — CURRYS PC World saw a rise in shoppers opting for click and collect on Black Friday.

With 10 orders per second being processed during peak trading time (2-3pm on Friday), the electrical retailer saw an 8% YOY surge in customers choosing to pick up their items in store later on, making the most of the omni-channel shopping options available to them.  Two thirds of online visitors were from mobile devices.

Home delivery also saw an increase compared to the same time last year as TVs were once again a hot favourite. Shoppers were also eagerly getting their hands on laptops, Google Chromecasts and Samsung Tablets as well as large kitchen appliances.

More shoppers were hunting deals online at 7am this year, an hour earlier than in 2015, while evening traffic was also up in comparison to Black Friday 2015.

About Dixons Carphone

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

Contact: 

dixonscarphone@mcsaatchi.com
020 7544 3600

Source: Dixons Carphone

Cold Stone Creamery® launches Sea Salt Fudge Ice Cream and Cake Batter Ganache Ice Cream plus Sea Salt Fudge Frappe for the holidays

Sea Salt Fudge Ice Cream and Cake Batter Ganache™ Ice Cream Available for a Limited Time Only

Scottsdale, Ariz., 2016-Nov-29 — /EPR Retail News/ — The holidays are upon us and Cold Stone Creamery® (www.ColdStoneCreamery.com) is celebrating by offering customers two new decadent flavors this season: Sea Salt Fudge Ice Cream and Cake Batter Ganache Ice Cream, plus a creamy and delicious Sea Salt Fudge Frappe, available for a limited time only, in stores on November 25, 2016.

The new Sea Salt Fudge Ice Cream is the perfect complement of rich, chocolatey fudge and sea salt. Mix in Roasted Almonds, Brownie and Caramel for the Salted Fudge Decadence™ Creation™. Additionally, Cold Stone Creamery is putting a twist on their popular Cake Batter Ice Cream® with a new flavor, Cake Batter Ganache Ice Cream, which can be mixed with Yellow Cake, Chocolate Chip Cookie and Fudge for The Great Ganache™ Creation.

“Cake Batter Ganache Ice Cream is everything you love about our Cake Batter™, with the added richness of the fudge ganache flavor for this special time of year,” said Kate Unger, senior vice president of marketing for Kahala Brands™. “The Sea Salt Fudge is another must-have treat this winter, combining decadent fudge with a touch of sea salt to create a trend-worthy favorite. Our holiday flavors are always a big hit with our guests and this year will be no different. In fact, we are adding a special Frappe to the holiday line-up this year, too. We invite everyone to stop in and try the Sea Salt Fudge Frappe – it’s the perfect pick-me-up during this busy season.”

Sea Salt Fudge Ice Cream and Cake Batter Ganache Ice Cream, as well as the other promotional holiday items, will be available at Cold Stone Creamery November 25, 2016 through January 3, 2017.

Promotional Creations™
 Salted Fudge Decadence – Sea Salt Fudge Ice Cream, Roasted Almonds, Brownie and Caramel
 The Great Ganache – Cake Batter Ganache Ice Cream, Yellow Cake, Chocolate Chip Cookie and Fudge

Promotional Frappe
 Sea Salt Fudge Frappe – Ice blended coffee with Sea Salt Fudge, Whipped Topping and Chocolate Shavings

In need of a holiday cake? Pick up the Dazzling Fudge Velvet™ cake to share with family and friends. This cake has layers of moist Red Velvet Cake, Fudge and Sea Salt Fudge Ice Cream with Candy Cane Pieces wrapped in fluffy White Frosting and Fudge Ganache. “Your guests will love this cake,” said Unger. “It will definitely add some holiday sparkle to your dessert table.” Order your cake online at www.ColdStoneCreamery.com/cakes.

Cold Stone Creamery gift cards are also available, making it easy to share the Ultimate Ice Cream Experience® this holiday season. Gift cards are available for purchase in stores and online year-round. Holiday-themed gift cards are available online and in stores through the holiday season. Please visit www.ColdStoneCreamery.com/giftcardsretail.

About Cold Stone Creamery®

Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world, with a portfolio of 18 quick-service restaurant concepts. The Cold Stone Creamery brand operates approximately 1,500 locations in over 28 countries.

For more information about Cold Stone Creamery®, please visit www.ColdStoneCreamery.com.

For more information about Kahala Brands™, please visit www.KahalaBrands.com.

CONTACT:
Jessica Benedick
Cold Stone Creamery
480.362.4837
jbenedick@kahalamgmt.com

Source: Cold Stone Creamery

SPAR Austria announces Schneider´s Gemüseland as new local supplier for frozen vegetables

Austria, 2016-Nov-29 — /EPR Retail News/ — A family business, Schneider´s Gemüseland, in Groß-Enzersdorf, Lower Austria, is the new SPAR Own Brand Partner for frozen vegetables from the plains of Marchfeld. Vegetables from the Marchfeld region are now available as SPAR Premium Brand and will soon be offered nationwide under the organic SPAR Natur*pur Brand.

In order to be able to provide the required quantities of vegetables, the Schneider family invested in a new deep-freeze system as well as a fully automated, refrigerated warehouse.

“We have a long-term agreement with SPAR and are cooperating on equal terms. For our employees and ourselves, we have set an important course for future success. Knowing that our products will now be available in all SPAR, EUROSPAR and INTERSPAR stores across the country makes us extremely proud,” said owner, Josef Schneider, who is delighted with what he describes as the most important move in the history of his company.

For many small and medium-sized enterprises, working with SPAR is an important step forward. SPAR has proven to be a reliable and long-term partner.

Contact:

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

Source: Spar International

SPAR International announces €74 million investment on up to 300 new stores across Thailand

  • SPAR International and Bangchak Retail Company Limited Thailand announce significant new retail partnership.
  • €74 million investment will see up to 300 new stores across the country in the next five years.

Amsterdam and Bangkok, 2016-Nov-29 — /EPR Retail News/ — SPAR International (“SPAR”) and Bangchak Retail Company Limited (“BCR”), today [28 November 2016] announced a significant new partnership agreement which will see up to 300 new SPAR stores opening in Thailand by the end of 2020, as part of a €74 million investment.

SPAR International is the world’s largest food retail voluntary chain with over 12,100 stores worldwide and global retail sales of €33 billion in 2015. SPAR presence in Asia continues to grow with the brand attracting independent partners.

BCR plan to open 7 new stores during 2016, comprising key flagship convenience and neighbourhood developments. From 2017 the company plans to open 50-80 stores each year for the next five years with up to 2,500 jobs created in the process. BCR’s retail strategy meets customer needs, with strong market growth in the neighbourhood grocery sector in Thailand; the company anticipates retail sales of €245 million by 2020.

The partnership with BCR will see SPAR share industry expertise with its new partner including the sharing of best practice across its supply chain, retail operations, staff training, retail design and brand development strategy. SPAR Thailand is expanding forecourt retailing stores around food purchasing moments and to achieve this initiative SPAR International worked with BCR to generate detailed store designs and layouts. Ahead of the opening of the first stores, SPAR International also supported the formation of the requisite supply chain capability, introduced the SPAR culture to the teams in the stores and central office, gave advice about equipment suppliers and assisted with secondments to other SPAR Partners by key team members to expand their knowledge of the SPAR Brand.

Speaking at the official announcement of the new partnership Tobias Wasmuht, Managing Director of SPAR International said “In the last decade, SPAR International has grown from strength to strength in key strategic markets of Asia. Today, we have a significant multi-format presence including hypermarkets, supermarkets, convenience and online in China, India, and Indonesia. The launch of SPAR in Thailand in partnership with BCR represents a significant and important step forward in SPAR’s ongoing expansion into Asian markets.  It brings together our internationally tried and tested retail expertise particularly in convenience and supermarket formats with the extensive knowledge of the Thai market. The partnership is a true example of the SPAR ethos in which through working together all shall benefit.”

The new venture is being led on the BCR side by Mr. Viboon Wongsakul, Managing Director of Bangchak Retail Company Limited. Speaking about the partnership Mr. Wongsakul said “BCR is excited to bring this new offering to customers in Thailand. SPAR and BCR share many key values such as a dedication to growth, a commitment to local suppliers, supporting communities and offering diverse retail solutions. We plan to bring local retailing to the next level and will dedicate the resources necessary to have a significant presence in the market in the shortest possible time-frame.”

As a shared core value, SPAR and BCR focus on supporting the communities in which they operate. During the development of the flagship stores in 2016, special focus will be given to the ability to source produce and product locally. SPAR International has a process in place for the development of own brand products by a Partner and has worked with BCR on the development and launch of a national range of own brand products.

Contact:

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

Source: Spar International

Rund 80 Prozent der Coop-Weihnachtsbäume stammen aus der Schweiz

BASEL, SWITZERLAND, 2016-Nov-29 — /EPR Retail News/ — Jahr für Jahr leuchten rund 80’000 Coop-Weihnachtsbäume in Schweizer Stuben. Immer mehr Schweizer entscheiden sich bewusst für einen Weihnachtsbaum aus der Schweiz oder aus ihrer Region. Coop setzt deshalb seit Jahren auf einheimische Weihnachtsbäume. So stammen bei Coop mittlerweile bereits 8 von 10 Tannen aus der Schweiz. Auch der Kunden-Service hat beim Weihnachtsbaum-Kauf einen hohen Stellenwert. Wer’s bequem mag, kann sich deshalb erstmalig seinen Tannenbaum über den Online-Shop von Coop Bau+Hobby nach Hause liefern lassen.

Jeweils ab Ende November bietet Coop ihren Kundinnen und Kunden eine grosse Auswahl an Christbäumen. Diese sind vor allen grösseren Coop-Supermärkten und in den Coop-Bau+Hobby-Baumärkten zu finden und können dort in Ruhe begutachtet und ausgesucht werden. Seit diesem Jahr können Christbäume neu auch über den Online-Shop von Coop Bau+Hobby bestellt werden. Mit wenigen Klicks kann man sich seinen Traumbaum aussuchen. Zur Auswahl stehen dabei Echt- und Kunstbäume in unterschiedlichen Formen und Grössen. Schon drei Tage später kommt der Tannenbaum dann direkt vor die Haustüre – selbst in den zehnten Stock.

Coop-Vision: 100 Prozent Schweizer Tannenbäume
Bereits rund 80 Prozent der Coop-Weihnachtsbäume stammen aus der Schweiz. Aus einheimischem Anbau stammen inzwischen auch alle Tannen in Standardgrössen, das heisst zwischen einem und zwei Metern. Langfristig sollen alle Tannenbäume bei Coop aus der Schweiz kommen. Eine langjährige Zusammenarbeit mit der IG Suisse Christbaum und über 30 Schweizer Lieferanten ermöglicht den kontinuierlichen Ausbau des Schweizer Tannen-Angebots.

Coop setzt sich für eine nachhaltige Christbaum-Produktion ein
Besonders nachhaltig angebaut sind rund 10 Prozent der Coop-Tannen. Sie tragen das Label Oecoplan, welches Bio-Suisse-zertifizierte Tannen auszeichnet. Zudem setzt sich Coop für eine nachhaltige Produktion von Schweizer Weihnachtsbäumen ein. Coop hat deswegen im Juli 2016 eine eigene Richtlinie erlassen, welche für alle ihre Schweizer Christbaum-Lieferanten gilt. Im Fokus dieser Richtlinie stehen der nachhaltige Einsatz von Pestiziden, die Förderung der Biodiversität sowie der Erhalt der Bodenfruchtbarkeit. Beim Griff zu jeder Schweizer Coop-Tanne kann sich der Kunde deshalb sicher sein, dass diese aus einer nachhaltigen Christbaum-Produktion kommt.

Erntefrische Tannen aus der Region
Seit 2014 finden sich im Coop-Sortiment auch Weihnachtsbäume mit dem Minii-Region-Gütesiegel. Rund 7’600 Tannen stammen dieses Jahr von regionalen Produzenten. Verkauft werden diese Tannen in der Region, in welcher sie gewachsen sind. Das bedeutet noch kürzere Transportwege in die Verkaufsstelle und die Stärkung der regionalen Produktion. «Die Minii-Region-Tanne kommt so frisch wie keine andere in die festliche Stube und hält deshalb auch länger», erklärt Rainer Pietrek, Category Manager Pflanzen bei Coop Bau+Hobby. «Aufgrund der speziellen Witterungsverhältnisse sind die heimischen Bäume in diesem Jahr übrigens besonders schön: Die Nadeln profitierten von den vielen Niederschlägen im Frühling und dem warmen, langen Sommer.»

Mehr Informationen finden Sie unter: www.tatenstattworte.ch/300

Kontaktperson:
Urs Meier
Leiter Medienstelle
Tel. +41 61 336 71 10

Ramón Gander
Mediensprecher
Tel. +41 61 336 71 67

Andrea Bergmann
Mediensprecherin
Tel. +41 61 336 67 37

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Rund 80 Prozent der Coop-Weihnachtsbäume stammen aus der Schweiz
Rund 80 Prozent der Coop-Weihnachtsbäume stammen aus der Schweiz

 

Source: Coop

Starbucks announces the return of Bearista Bears

Starbucks announces the return of Bearista Bears
Starbucks announces the return of Bearista Bears

 

Seattle, 2016-Nov-29 — /EPR Retail News/ — Back in 1997, Starbucks quietly stocked a new gift item on its shelves. It was a small, plush bear the color of honey, dressed as a barista with a tiny green apron. This very first Bearista Bear created a sensation among Starbucks fans, with more than 100 different editions of the bears following in the nearly 20 years since.

The bears have been dressed in everything from ski jackets to surf shorts and comfy pajamas. They’ve celebrated holidays, like Lunar New Year and Halloween, and destinations around the world from Paris to Hong Kong. Some bears even masqueraded as other cuddly animals, including bumblebees, bunnies, chickens and ladybugs.

Starbucks Bearista Bears have been in hibernation in the U.S. since 2009 (although there was an alice + olivia designer bear in 2013). Now the holiday classic bear is back by popular demand for a limited time in participating U.S. Starbucks stores.

The 2016 limited-edition Bearista® Collection includes five new lovable bears. Three are baristas – one with a classic green Starbucks apron, one with a red holiday apron, and a retro 1970s bear dressed in Starbucks original brown apron and logo with corduroy flare pants. There are also two Bearista Bears with fuzzy hats – one with a red comfy sweater and the other with a cozy green sweater. Each has a “Starbucks 2016” commemorative mark on its paw.

Starbucks Store Online

Starbucks Bearista Bears are available in select stores in the U.S. while supplies last. Customers in the United States can shop and ship within the U.S. at store.starbucks.com. Canadian customers can shop and ship within Canada at store.starbucks.ca.

Media contact:

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

Source: Starbucks

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Tesco introduces Christmas selection of European food traditions

Tesco introduces Christmas selection of European food traditions
Tesco introduces Christmas selection of European food traditions

 

 

CHESHUNT, England, 2016-Nov-29 — /EPR Retail News/ — European festive staples such as the sweet fruited breads Stollen, from Germany, and Panettone, from Italy, are now so popular in the UK that Tesco has seen demand double in the last three years.

The popularity of European Christmas markets, which are now very much part of the build up to Christmas in the UK, have helped to create a growing appetite for festive continental bread, cake, biscuits and other sweet treats.

Tesco Christmas cake buyer James Taylor said:

“The popularity of European Christmas markets and food have given Brits a real taste for continental festive sweet treats.

“For many families Stollen and Panettone and gingerbread houses are now as much festive staples as mince pies and Christmas puddings.

“Rather than having to travel to Europe or hunt down where the nearest market is being held, we hope our collection of festive delights will help to take a little bit of the hassle and cost out of Christmas for customers this year.”

Tesco has also seen growing demand for other continental Christmas treats like:

  • Lebkuchen – German gingerbread cakes in the shape of hearts or stars made with honey and spices with demand up 15 per cent
  • Spekulatzius – Biscuits that are popular in Holland, Germany and Belgium with demand up by over 10 per cent

As a result of the trend Tesco is also this Christmas selling a Ginger Bread House which is another German festive tradition but in the form of a kit which people can decorate themselves.

James Taylor added:

“The European range also includes the sumptuous and theatrical Reveal Dessert from western Europe, which brings the restaurant experience into the home, as well as thrilling guest around the table with an unexpected surprise.”

The full range will be available at Tesco stores across the country and online.

Note to editors

Included in Tesco’s Christmas selection of European breads, cakes and biscuits this year are the following:

  • Tesco finest* Stollen
  • Tesco finest* Almond & Cherry Stollen
  • Tesco finest* Chocolate and Hazlenut Stollen
  • Kuchenmeister Stollen Load
  • Kuchenmeister Apple Stollen
  • Kuchenmeister Stollen Loaf
  • Kuchenmeister Stollen Bites
  • Tesco finest* Panettone Cake
  • Tesco finest* Amaretti and Amaretto Panettone
  • Arden and Amici Panettone Classic
  • Arden and Amici Panettone Chocolate
  • Arden and Amici Clem Panettone Orange and Cranberry
  • Arden and Amici Mini Panettone Orange and Cranberry
  • Lebkuchen Iced Stars
  • Lebkuchen Chocolate Hearts
  • Spekulatzius Thins – Cinnamon
  • Spekulatzius Thins – Almond
  • Tesco Decorate Your Own Gingerbread House kit

We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

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

Source: Tesco

###

Migros Zürich ihren zweiten Bio-Take-away ein

Migros Zürich ihren zweiten Bio-Take-away ein
Migros Zürich ihren zweiten Bio-Take-away ein

 

Zurich, Switzerland, 2016-Nov-29 — /EPR Retail News/ — Wer Bio-Produkte mag, macht hier halt: Am Bahnhof Oerlikon weiht die Migros Zürich ihren zweiten Bio-Take-away ein. Vom 1. bis 3. Dezember feiert der Standort Neueröffnung.

Lange war der Bahnhof Oerlikon eine Baustelle. Doch das Warten hat sich gelohnt. Die Umbauten für die neue Durchmesserlinie bringen viele Neuerungen am sechstgrössten Bahnhof der Schweiz mit sich. Im Untergrund werden für die Passanten neu zahlreiche Geschäfte zur Verfügung stehen. Auch die Migros Zürich ist vertreten: Zwischen den Gleisen 5 und 6 eröffnet der zweite Bio-Take-away. Nachdem im Sommer 2014 der erste Standort im Hauptbahnhof Zürich seine Türen öffnete, gibt es nun einen zweiten Standort für Bio-Liebhaber.

Der zweite Take-away seiner Art setzt im Sortiment zu 100 Prozent auf Bio. Auf rund 40 Quadratmetern bietet der neue Standort frische Produkte in bester Bio-Qualität an. «Von der Kaffeebohne bis zum Salatblatt – alles stammt aus biologischem Anbau», sagt  Filialleiter Gerhard Fugger. In der neuen Filiale finden die Passanten von morgens bis abends frische Produkte wie Sandwiches, Birchermüesli, Salate und verschiedene Getränke. Wer am Mittag oder Abend Lust auf eine warme Mahlzeit hat, kommt ebenfalls  auf seine Kosten: «Für den grossen Hunger gibt es bei uns auch Hot Baguettes oder Grosi’s Hacktätschli mit Knöpfli zu kaufen.»

Im Zuge der Einweihungsfeierlichkeiten des Bahnhofs Oerlikon feiert auch der Bio-Take-away der Migros Zürich vom 1. bis 3. Dezember seine Eröffnung. Während der offiziellen Eröffnungstagen ist ein Spezialmenü erhältlich: Bio-Hacktätschli mit Knöpfli für 11.80 statt 14.80 Franken.

Contact:
Genossenschaft Migros Zürich
Francesco Laratta
Genossenschaft Migros Zürich
Mediensprecher Migros
Postfach
8021 Zürich
TEL: 058 561 64 62
E-MAIL: francesco.laratta@gmz.migros.ch

Source: Migros

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SSP Group announces its financial results for year ended 30 September 2016

LONDON, 2016-Nov-29 — /EPR Retail News/ — SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, announces its financial results for year ended 30 September 2016.

Highlights:

  • Underlying operating profit1 of £121.4m: up 18.2% at constant currency, and 24.6% at actual exchange rates
  • Like-for-like sales up 3.0%: driven by growth in air passenger travel and retailing initiatives
  • Net gains of 1.7%: strong performances in North America and the Rest of the World
  • Revenue of £1,990m: up 5.0% at constant currency; 8.6% at actual exchange rates
  • Underlying operating margin1 up 70 basis points at constant currency to 6.1%: strategic initiatives delivering further improvements
  • Underlying profit before tax of £107.5m: up 31.1%. Reported profit before tax of £105.6m
  • Underlying earnings per share of 15.5 pence: up 26.0%. Reported earnings per share of 15.2 pence
  • Final dividend of 2.9 pence per share, bringing the full year dividend to 5.4 pence per share: up 26.0%
  • Underlying operating cash inflow of £78.3m, after increased investment in the business
  • Brand and concept portfolio further strengthened
  • Encouraging pipeline of new contracts

Commenting on the results, Kate Swann, CEO of SSP Group, said:

“SSP has delivered another good performance in 2016 and we continue to make progress on our strategic initiatives.  Constant currency operating profit was up 18% driven by good like-for-like sales growth, further operational improvements and higher new contract openings.  We continue to develop our presence across the world, particularly in North America and Asia Pacific.

“The new financial year has started in line with our expectations and whilst a degree of uncertainty always exists around passenger numbers in the short term, we continue to be well placed to benefit from the structural growth opportunities in our markets and our programme of operational improvements.”

If you are a journalist and have a press enquiry, please call:
Templemere Public Relations
+44 (0) 1306 735574
press.office@ssp-intl.com

Source: SSP Group

Loewe opens its first flagship in Spain, CASA LOEWE Madrid

Loewe opens its first flagship in Spain, CASA LOEWE Madrid
Loewe opens its first flagship in Spain, CASA LOEWE Madrid

 

Madrid, Spain, 2016-Nov-29 — /EPR Retail News/ — Loewe has unveiled CASA LOEWE Madrid, an innovative concept envisioned by Creative Director Jonathan Anderson, which explores the roots of a House where fashion goes hand-in-hand with art. This first flagship in Spain, and also the largest, has taken up residence in a historic building in the capital.

Founded in 1846, Loewe is now reconquering the city of its birth with a one-of-a-kind flagship. Located in the heart of Madrid, the new space, which extends over 1,000 m², showcases the entire spectrum of the Loewe universe. The men’s and women’s collections are complemented by specialized departments for exotic leather items and made-to-measure.

The Iberian limestone and wood interior reflects natural light on artworks meticulously selected by the Creative Director and specially acquired for the flagship store. Works by Edmund de Waal dialogue with others by Richard Smith, Gloria Garcia Lorca and Sir Howard Hodgkin. Inspired by the life and work of the British author and florist Constance Spry, CASA LOEWE also incorporates a flower shop, contributing to the space’s unique and vibrant atmosphere.

To celebrate the opening of the new flagship and express his gratitude to the Spanish capital, Jonathan Anderson designed an exhibition for Madrid’s Royal Botanic Garden on the theme of past, present and future, highlighting the House’s evolution and its resolutely forward-looking philosophy. Evoking the rich history of Loewe, the first part of the exhibition displays, in a room entirely covered with images, a collection of unique archive pieces in glass boxes. A second section is devoted to photographs of flower arrangements by Steven Meisel, whose images represent the fresh dynamism of the House.

The flagship opening and exhibition coincide with the release of an album of photographs in collaboration with Spanish publisher Luis Venegas, which is conceived as a spontaneous journey through the esthetic history of the House.

Contact:

LVMH Moët Hennessy – Louis Vuitton
22, avenue Montaigne, 75008 Paris – France
Tel: +33 (0)1 44 13 22 22
Fax: +33 (0)1 44 13 22 23

Source: LVMH

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Neiman Marcus Group appoints Michael Fung as Interim CFO and COO

DALLAS, TX, 2016-Nov-29 — /EPR Retail News/ — Neiman Marcus Group (NMG) announces effective November 28, 2016 Michael Fung will serve as Interim Chief Financial Officer and Chief Operating Officer of Neiman Marcus Group. This position was previously held by Donald T. Grimes.

Most recently, Mr. Fung served as Interim Chief Financial Officer and Treasurer for 99 Cents Only Stores and currently serves on its board. Prior to that, Michael spent 11 years at Wal-Mart Stores Inc., retiring in 2012. During his tenure, he served as Chief Financial Officer for Walmart U.S and SVP, Global Procurement and Internal Audit. He was responsible for implementing Walmart’s financial and procurement system, SAP.

“Michael is an excellent choice to serve as our interim Chief Financial Officer and Chief Operating Officer,” said Karen Katz, President and Chief Executive Officer, Neiman Marcus Group. “He is an accomplished leader who brings extensive experience in corporate finance, strategy, financial planning and analysis, logistics and operations to NMG.”

Earlier in his career, he held leadership and executive-level positions at Sensient Technologies, Vanstar Corporation, Bass Pros Shops, Beatrice Companies, and Deloitte & Touche.

Michael Fung brings nearly 40 years of experience to NMG. He currently serves on the Board of Directors for FranklinCovey, Salt Lake City and 99 Cents Only Stores in Los Angeles. Mr. Fung chairs the Audit Committee for both FranklinCovey and 99 Cents Only Stores and also serves on the Compensation Committee and the Nominating and Governance Committee at FranklinCovey. He is a board member and Chair of the Asian Pacific Islander American Scholarship Fund.

Fung received a Masters of Business Administration from the University of Chicago’s Booth School of Business, and a Bachelor of Science in Accounting from the University of Illinois at Chicago.

About Neiman Marcus Group:

Neiman Marcus Group LTD LLC is a luxury, multi-branded, omni-channel fashion retailer conducting integrated store and online operations under the Neiman Marcus, Bergdorf Goodman, Last Call, Horchow, CUSP, and mytheresa brand names. For more information, visit www.neimanmarcusgroup.com.

Contact:

Mimi Sterling
Neiman Marcus Group
Mimi_sterling@neimanmarcus.com
214-573-5682

Source: Neiman Marcus Group

Intershop ranked as leader in e-commerce solutions in France in the latest benchmarking report by NBS System and ESV Digital

  • Independent analysis conducted by NBS System and ESV Digital confirms Intershop’s top position as e-commerce solutions provider
  • Intershop Commerce Suite comes in first for B2B features, internationalization capabilities, and performance

Jena, Germany, 2016-Nov-29 — /EPR Retail News/ —The latest benchmarking report for e-commerce solutions by NBS System and ESV Digital has ranked Intershop Communications as leader in the area of e-commerce solutions in France. Key findings based on the quantitative assessment of functionality across key business capabilities include:

  • B2B: Intershop Commerce Suite is the best solution in the field of B2B e-commerce activities, offering specific features such as the ability to handle different payment periods and methods, recurring orders and catalog management according to order volumes or client requirements. It is able to handle almost any architecture complexity thanks to its flexibility.
  • Internationalization: Intershop Commerce Suite offers the strongest state-of-the-art internationalization and localization capabilities supporting multi-store business models, seamlessly scaling to business abroad. It allows business a fast and easy setup and rollout of new regions, countries, brands, touchpoints and customer segments – all without IT involvement.
  • IT: Intershop Commerce Suite scores best due to its performance capabilities in back-office and front-office stability in a multi-user set up and front-office speed for page rendering.

Jochen Wiechen, CEO at Intershop comments: “Even though it´s no surprise to see our Commerce Suite scoring best when benchmarked, we are always happy to see it resonating well in the market, be it among analysts, customers, or partners. This study confirms once more the proven strengths of our software and will serve those organizations well that look for a future-proof platform for their digitalization strategy.”

The independent analysis has been conducted with nearly 200 respondents including e-commerce solution users, integrators, and consultants. The results of the study have been published in the whitepaper “Choosing your e-commerce solution”, which aims to help decision makers choose the best e-commerce platform to support their business needs, whether they are a retailer, brand, pure player or B2B player. A free copy is available for download at http://www.intershop.com/nbs-esv-whitepaper.

About NBS System:

NBS System is a leading managed hosting company founded in 1999 with more than 3,000 hosted websites. It operates from Europe and is specialized in two fields: very high security hosting and e-commerce hosting.

About ESV Digital:

ESV Digital provides a full suite of consulting and agency services including analytics, media, branding and strategic consulting. The company has 9 offices in Paris, London, Chicago, Ann Arbor, Sao Paulo, Oslo, Luxembourg, Madrid and Milan.

About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Media Contact:

Intershop Public Relations
HEIDE RAUSCH
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309

Source: Intershop Communications AG

L Brands to broadcast its November Sales report on Thursday, Dec. 1

COLUMBUS, Ohio, 2016-Nov-29 — /EPR Retail News/ — In conjunction with L Brands’ sales release, you are invited to listen to a pre-recorded broadcast of the November Sales report. The broadcast will be available on the Internet on Thursday, Dec. 1 at 7:30 a.m. ET.

What:   L Brands November Sales Report

When:  7:30 a.m. ET on Thursday, Dec. 1, 2016

Where:  http://www.LB.com

How:    Simply log on to the Web at the address above or dial 1-866-639-7583.

There is no security passcode.

To access the broadcast, click on the November Sales webcast link on the homepage.  The call will also be archived on www.LB.com.

ABOUT L BRANDS:
L Brands, through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, is an international company.  The company operates 3,073 company-owned specialty stores in the United States, Canada, the United Kingdom and Greater China, and its brands are sold in more than 700 additional franchised locations worldwide.  The company’s products are also available online at www.VictoriasSecret.comwww.BathandBodyWorks.comwww.HenriBendel.com and www.LaSenza.com.

Contact:

Tammy Roberts Myers
Vice President, Communications
tel.: 614-415-7072

Amie Preston
Chief Investor Relations Officer
tel.: 614-415-6704

Source: L Brands/globenewswire

Dollar General and Lisa Frank launches two new adult coloring posters just in time for the holidays

Dollar General and Lisa Frank launches two new adult coloring posters just in time for the holidays
Dollar General and Lisa Frank launches two new adult coloring posters just in time for the holidays

 

Goodlettsville, Tenn., 2016-Nov-29 — /EPR Retail News/ — Just in time for the holidays, Dollar General and Lisa Frank are thrilled to announce two new adult 11×16 coloring posters, a new adult coloring kit and a reprint of the four original coloring books issued earlier this summer!

Rediscover childhood memories with bright colors and scenes that only Lisa Frank can deliver! Posters and adult coloring books available at only $3 each, which make for the perfect stocking stuffer!  Adult coloring kits are $10 each and include coloring pages, a coloring book, gel pens and colored pencils.  That means the entire Lisa Frankl adult coloring collection including the kit, two posters and four coloring books may be purchased for only $28!

Items are available now in more than 13,000 Dollar General stores and online at www.dollargeneral.com/lisa-frank.html. Dollar General will also have an exclusive four-pack of the adult coloring books available for $12 each available online on Thursday, December 1!

The Lisa Frank coloring collection are great gifts to provide an afternoon of childhood nostalgia. Purchase your collection at your local Dollar General store or online today!

About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for over 75 years through its mission of Serving Others. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operated over 13,000 stores in 43 states as of October 28, 2016. In addition to high quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.

For Media Inquiries:
Email: dgpr@dollargeneral.com
Call: 1-877-944-3477

Source: Dollar General

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Albert Heijn introduceert kersttrui

Albert Heijn introduceert kersttrui
Albert Heijn introduceert kersttrui

 

Zaandam, Netherlands, 2016-Nov-29 — /EPR Retail News/ — De kersttrui is populairder dan ooit. Dit merkten we vorig jaar tijdens de eerste editie van het Allerhande Kerstfestival. Iedereen vroeg zich af waar die leuke kersttrui van onze medewerkers te koop was. Hoewel we Nederland vooral een handje gaan helpen met een heerlijk kerstmenu, mag een bijpassende kersttrui natuurlijk niet ontbreken. Via Istagram vroegen we onze volgers om binnen 72 uur een kersttrui te ontwerpen. Resultaat: 3 unieke kersttruien die exclusief te koop zijn tijdens het Allerhande Kerstfestival.

72 uur ontwerp challenge

Maar liefst 80 enthousiaste ontwerpers reageerden op onze oproep. Er sprongen 3 ontwerpen uit die daadwerkelijk in productie zijn genomen. Een van de winnende ontwerpen is van Floor Evers, 35 jaar en grafisch ontwerpster uit Amsterdam: “Met dit stoere unisex ontwerp laat ik zien dat het woord ‘kersttrui’ krachtig genoeg is om in de kerststemming te komen. Geen toeters en bellen dus. Net als de naam Albert Heijn, dat staat voor een helder en krachtig merk.”

Verkrijgbaarheid

De trui van Floor is, net als de twee andere winnende ontwerpen, verkrijgbaar tijdens het Allerhande Kerstfestival van 9 t/m 11 december in het Spoorwegmuseum in Utrecht en kost 15 euro.

Afdeling mediarelaties:

pers@ah.nl
088 6590 2020

Source: Albert Heijn

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Foodstuffs North Island Ltd announces the appointment of Joanna Allan as CFO

Foodstuffs North Island Ltd announces the appointment of Joanna Allan as CFO
Foodstuffs North Island Ltd announces the appointment of Joanna Allan as CFO

 

Auckland, New Zealand, 2016-Nov-29 — /EPR Retail News/ — Foodstuffs North Island Ltd welcomes Joanna Allan as Chief Financial Officer, starting mid-January 2017. Jo brings more than 20 years of FMCG finance and leadership experience to the table, and she is also an engineer who offers a unique diversity of thought when it comes to strategic vision and planning. Her arrival comes at a time when such diversity is essential to the business’ future direction.

Chris Quin, CEO, Foodstuffs North Island, says, “The shape of retail is changing rapidly; in the way customers shop with us, the products our suppliers are delivering and the expectations shoppers have of our service offering and systems. Smart financial planning and management enables us to be as entrepreneurial and innovative as possible, all while being more competitive and agile.”

As one of New Zealand’s largest companies and employers, Foodstuffs North Island plays a hugely important role, investing extensively in store, product and people development. Quin says, “Jo’s role as CFO will see her develop and deliver a financial and strategic plan to maintain and grow the business at a very exciting time. Her diverse experience in FMCG and the food and beverage industry will stand her in good stead as we embrace the challenge of doing business in the ‘new normal’.”

Jo has held senior finance, strategy, leadership and transformation roles for a number of leading companies including Frucor, Danone, Fonterra, Tegel and Lion.

“I am delighted to be joining Foodstuffs North Island. I’ve worked very closely with many of the household names on our supermarket shelves and understand just how important it is to ensure New Zealanders continue to enjoy the best value products in the best shopping environments,” says Jo.

“While I won’t necessarily be out there checking the already well-engineered stores and DCs we operate, I will be taking great satisfaction in crafting a finely balanced plan with Chris and the fantastic team on hand. Our role is to help deliver an exceptional shopper experience – and retain and extend our leadership in a competitive market.”

Jo holds a Bachelor of Engineering (Mechanical) and is a CPA.

Contact:

Tel: +64 4 472 6435
Fax: +64 4 472 6412

Source: Foodstuff NZ

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Foodstuffs announces car park access changes at New World Porirua

Auckland, New Zealand, 2016-Nov-29 — /EPR Retail News/ — For some time now Foodstuffs has had works planned at New World Porirua to rectify ground issues created by last year’s floods. The planned works for the lower car park are scheduled for January 2017 and will be carried out by Hawkins Construction.

Following engineering advice after the recent earthquakes Foodstuffs has taken the precautionary decision to close the entry/exit to the car park from Walton Leigh Avenue and close the southern end of the car park reducing the top level parking availability at the store by approximately 22 parks – 134 car parks remain on the top level for customers shopping at New World Porirua in addition to the lower level car parks.

We can confirm entry and exit to the store car park will now be via the Lyttelton Avenue access ramp, and to ensure all customers are catered for temporary 45 minute car parking time limits have been put in place. This change is effective immediately.

The store has been cleared by engineers and remains open and its trading hours are unchanged. The store itself is unaffected. Customer safety is paramount and with the ongoing aftershocks the parking building is being checked regularly by engineers to ensure no further damage occurs.

“I appreciate this is a bit of a change for customers who are used to entering and exiting the store via Walton Leigh Ave,” says Tony McNeil, owner-operator, New World Porirua. “Post-earthquake we are taking a very cautious approach with the parking building but we are fortunately able to make the Lyttelton Ave access two-way which means customers can still enjoy the convenience of parking at the store.”

“I’d like to thank our customers in advance for their patience while we carry out the works on the car park,” adds Tony.

Contact:

Tel: +64 4 472 6435
Fax: +64 4 472 6412

Source: Foodstuff NZ

DICK’S Sporting Goods acquires GameChanger Media as a new part of its Team Sports HQ suite of digital youth sports offerings

PITTSBURGH, 2016-Nov-29 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS) announced today (November 28, 2016) the acquisition of GameChanger Media as a new part of its DICK’S Team Sports HQ suite of digital youth sports offerings.  GameChanger is a live scoring app that delivers data-driven coaching insights, live play-by-play updates and instant game recap stories for 165,000 amateur baseball and softball teams.

“We are very excited to acquire GameChanger to enhance our DICK’S Team Sports HQ platform.  GameChanger will allow us to provide the baseball and softball communities better tools and in-game information for coaches, players and fans alike,” said Edward W. Stack, Chairman & CEO, DICK’S Sporting Goods. “We believe the addition of GameChanger and its unique in-game mobile experience to DICK’S Team Sports HQ strongly supports our efforts to provide unparalleled technological capabilities to youth, prep teams and leagues across the country.”

“GameChanger exists to serve the needs of coaches, parents and volunteers who dedicate so much time and energy to amateur sports,” said Ted Sullivan, VP/CEO of GameChanger. “And now as part of the DICK’S Sporting Goods family, we look forward to further enhancing the youth sports experience for these team communities.”

DICK’S Team Sports HQ offers youth sports leagues, teams, coaches and parents across the country three key services – free league management services, including websites and online registration with free mobile app for scheduling and communications; custom uniforms and FanWear shops; and access to donations and sponsorships.

More information on Teams Sports HQ can be found by visiting dicks.com/TSHQ.

About DICK’S Sporting Goods, Inc.

Founded in 1948, DICK’S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of October 29, 2016, the Company operated more than 675 DICK’S Sporting Goods locations across the United States, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated associates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. Headquartered in Pittsburgh, PA, DICK’S also owns and operates Golf Galaxy, Field & Stream, True Runner and Chelsea Collective specialty stores and  DICK’S Team Sports HQ,  an all-in-one youth sports digital platform with free league management services, including websites and online registration with free mobile app for scheduling and communications; custom uniforms and FanWear shops; and access to donations and sponsorships.  DICK’S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  For more information, visit the Press Room or Investor Relations at DICKS.com.

Contact:

press@dcsg.com
724-273-5552

Source:DICK’S Sporting Goods, Inc.