Kum & Go opens new store in 220 50th Street, West Des Moines, Iowa

New eco-friendly store features fresh food and a variety of fuel options including E85, E15 and Diesel

West Des Moines, Iowa, 2016-Dec-01 — /EPR Retail News/ — Kum & Go will open the doors Thursday, December 1, at 6 a.m. to its newest location in West Des Moines, Iowa, at 220 50th Street. The 6,200+-square-foot store featuring the Marketplace store design with a variety of unique offerings is the latest Kum & Go to be built in the metro.  To encourage customers to try out those offerings, the first 99 customers to arrive on Thursday morning will receive a coupon for a 99-cent whole pizza.

strong>The centerpiece of the store is an expanded and open food preparation area that customers can see from the moment they enter. Other location features include:

  • Elevated food experience with Kum & Go’s “Go Fresh Market”
  • Open kitchen layout, clear aisles and easy-to-navigate zones
  • Seating inside with heated patio seating outside
  • Complimentary Wi-Fi and charging stations for customers
  • Expansive beer cave and growler station with fresh beer
  • Designed for LEED-certified status, using energy efficient and sustainable design practices

“This new footprint represents everything that Kum & Go strives to be for our associates and for our customers,” said Kum & Go president and CEO Kyle J. Krause. “This is the evolution of our brand promise and business approach. Now customers can truly experience the “more” that we provide.”

The store will be open 24 hours a day. The phone number to the store is (515) 223-9313; the phone number to the food area is (515) 223-0591.

Kum & Go operates more than 50 stores in the Des Moines area. Future locations of this new layout are planned for 2016 in Iowa, Colorado, and Oklahoma.

About Kum & Go, L.C.

For nearly 60 years, Kum & Go has been dedicated to the communities it serves, sharing 10 percent of its profits with charitable causes. For four generations the family-owned convenience store chain has focused on providing exceptional service and delivering more than customers expect. Established in Hampton, Iowa, in 1959, the chain has since grown to employ more than 5,000 associates in more than 400 stores in 11 states (Iowa, Arkansas, Colorado, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota and Wyoming).

MEDIA CONTACT:

Kristie Bell
Director of Communications
Kum & Go
kristie.bell@kumandgo.com

Source: Kum & Go

Popeyes® brings back the $5 Boneless Wing Bash for a limited time

ATLANTA, 2016-Dec-01 — /EPR Retail News/ — Popeyes® Louisiana Kitchen today (Nov 30, 2016 ) announced the return of the $5 Boneless Wing Bash, featuring the amazing flavor of Popeyes famous Bonafide® chicken now in a boneless wing. For a limited time, guests can get six tender, juicy, all white meat Boneless Wings marinated in authentic Louisiana seasonings, a Signature Side like our Red Beans and Rice or Mashed Potatoes with Cajun Gravy, Buttermilk Biscuit and a choice of Signature dipping sauce, all for just $5.

“We continue to celebrate the wonderful flavors of Louisiana with our $5 Boneless Wing Bash. Our customers love the great taste of our Boneless Wings and the value this deal brings with a choice of a Signature Side and a mouthwatering Buttermilk Biscuit,” said Hector A. Muñoz, Chief Marketing Officer – US. “With all of the hustle and bustle of the holiday season, we invite our guests to come by Popeyes when they are out and about to pick up this delicious, portable and affordable deal.”

The $5 Boneless Wing Bash is available at participating restaurants through December 24th, while supplies last.

For more information, please visit us at Popeyes.com.

About Popeyes Louisiana Kitchen

Founded in 1972 in New Orleans, Popeyes is a leader in the New Orleans segment of the foodservice industry and is the world’s second largest quick-service chicken concept based on the number of units. As of October 2, 2016, Popeyes had 2,631 operating restaurants in the United States, the District of Columbia, three territories, and 26 foreign countries. For more information, visit the Popeyes Louisiana Kitchen Web site at www.popeyes.com.

Media Contact:
Popeyes Louisiana Kitchen, Inc.
Renee Kopkowski
404-459-4630
Vice President, Brand Communications
renee.kopkowski@popeyes.com

Coltrin & Associates (on behalf of Popeyes)
Jennifer Webb
212-221-1616
Jennifer_webb@coltrin.com

Source: Popeyes Louisiana Kitchen

RUSSIA: Lenta debuts in Kostroma with its first hypermarket

With this opening, Lenta expands its network in the Central region to 22 hypermarkets in 15 cities

St. Petersburg, Russia, 2016-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Kostroma.

The new store is a Lenta compact format hypermarket located at 11 Davydovskiy micro district, Kostroma. The store has a total area of 8,165 sq.m with 4,781 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 17,000 SKUs has been selected specifically for residents of Kostroma and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 450 parking spaces and 26 cash registers. The property is owned by Lenta.The opening in Kostroma is Lenta’s thirtieth hypermarket opening in 2016 and brings the total number of Lenta stores to 169 hypermarkets in 76 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 169 hypermarkets in 76 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,043,894 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

RUSSIA: Lenta announces the opening of its third hypermarket in Rostov-on-Don

With this opening, Lenta expands its network in the South region to 22 hypermarkets in 13 cities

St. Petersburg, Russia, 2016-Dec-01 — /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 Rostov-on-Don.

The new store is a Lenta compact format hypermarket located at 84 14th Line str., Rostov-on-Don. The store has a total area of 9,500 sq.m with 5,030 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Rostov-on-Don and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 310 parking spaces and 30 cash registers. The property is owned by Lenta.The opening in Rostov-on-Don is Lenta’s twenty ninth hypermarket opening in 2016 and brings the total number of Lenta stores to 168 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 168 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,039,113 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

RUSSIA: Lenta expands in Ekaterinburg with the opening of its second hypermarket

With this opening, Lenta expands its network in the Urals region to 18 hypermarkets in 8 cities

St. Petersburg, Russia, 2016-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Ekaterinburg.

The new store is a Lenta standard format hypermarket located at 107/1 Akademika Sakharova av., Ekaterinburg. The store has a total area of 13,784 sq.m with 7,097 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 Ekaterinburg and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 493 parking spaces and 40 cash registers. The property is owned by Lenta.

The opening in Ekaterinburg is Lenta’s twenty eighth hypermarket opening in 2016 and brings the total number of Lenta stores to 167 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 167 hypermarkets in 75 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,034,083 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

Lenta announces the completion of purchase of Kesko food retail business in Russia

Lenta completes acquisition of Kesko food retail business in Russia from Kesko

St. Petersburg, Russia, 2016-Dec-01 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the completion of the purchase of the the Kesko food retail business in Russia (“KFR”), currently operating under the K-Ruoka brand, on November 30, 2016.

Assets acquired
The KFR assets consist of 10 hypermarkets and one supermarket operating under the K-Ruoka brand in St. Petersburg and the Leningradskiy region as well as three land plots in Moscow and the Leningradskiy regions. Most of the hypermarkets were opened in 2012-2015 and two stores were opened during 2016. Total selling space of the acquired stores is approximately 42,500 sq.m, of which approximately 40,200 sq.m are owned and approximately 2,300 sq.m are rented. The stores are compatible in terms of size and layout with existing Lenta compact and supercompact hypermarket formats, and almost all of the store locations are highly complementary to Lenta’s existing stores in Saint-Petersburg and the Leningradskiy region. The high proportion of owned stores is in line with Lenta’s store ownership strategy. The KFR business and assets are owned by six legal entities which have been purchased as part of the transaction.

Lenta’s Chief Executive Officer, Jan Dunning said:

“We are very pleased to have completed the acquisition of the Kesko retail business in Russia. The acquisition will significantly strengthen our network in St. Petersburg, giving many more customers the opportunity to shop at a Lenta store close to their homes. Lenta will become the largest hypermarket operator in the city, but we still see good opportunities for further growth in and around St. Petersburg, so will continue our organic expansion in both hypermarket and supermarket formats.

The stores have excellent urban locations and well-trained store teams who we welcome to the Lenta family. We will soon operate the stores under the Lenta brand, with Lenta assortment, supply chain and business processes. We expect the integration process to be largely complete by year-end.

With this acquisition, we now expect to open at least 50 new hypermarkets in 2016. While Lenta remains primarily focused on its successful organic expansion, we welcome opportunities to augment this by acquiring high quality assets such as the Kesko stores. Scale is becoming increasingly important in the Russian market which is likely to lead to consolidation of both larger and smaller players over time. Lenta is well positioned to selectively take advantage of any opportunities that may arise in the future.”

Strategic rationale

  • The acquired stores have a very good fit with Lenta given their high quality, complementary locations; store sizes and designs compatible with the Company’s existing formats; high quality of construction; and well trained and motivated staff. The combination of these factors with Lenta’s well-known brand and attractive consumer proposition is expected to enable rapid and successful integration;
  • The acquisition strengthens Lenta’s market position in St. Petersburg, Russia’s 2nd largest city. Lenta operates 22 hypermarkets and nine supermarkets in the Saint-Petersburg/Leningradskiy region with total selling space of 144k sq.m – approximately 15% of the Company’s total selling space in Russia as of 30 November 2016. The addition of the KFR stores will take Lenta’s total presence in the St. Petersburg/Leningradskiy region to 32 hypermarkets and 10 supermarkets with around 186k sq.m of selling space. The company envisions significant further expansion in the Saint-Petersburg/Leningradskiy region;
  • Given the quality of KFR stores and locations, the acquisition is expected to deliver attractive returns, broadly in line with returns on organic expansion.

Approvals and financing
Approval of the Federal Antimonopoly Service of the Russian Federation (“FAS Russia”) was received during November. The transaction has closed and no further approvals are required. Some administrative actions such as registration of assets and leases and renewal of certain licenses are required and it is expected that these will be largely completed before year end 2016. The transaction was financed using Lenta’s existing cash and a new long-term loan facility with a fixed interest rate below current Central Bank key rate which will lead to further reduction of the Company’s average effective cost of debt.

JP Morgan and VTB Capital acted as advisors to Lenta on this transaction.

Purchase price
The aggregate transaction consideration is Rub 11.4bn, an increase of Rub 0.4bn due to closing adjustments when compared to the aggregate base transaction consideration of Rub 11.0bn given in our earlier announcement. The difference is due to a higher than initially planned amount of cash and cash-like items on the balance sheet at closing. Lenta estimates that the replacement value of the acquired real estate and other fixed assets, positive working capital and other non-fixed assets is approximately equal to the purchase price.

Integration
Integration of KFR with Lenta will begin immediately. Each store will be closed for approximately one week from December 1st, then reopened as a Lenta store. The stores will operate in the same way as other Lenta stores in St. Petersburg under the Lenta brand, with Lenta assortment, supply chain, IT and business processes. Former KFR employees are now Lenta employees. Every effort will be made to minimize disruption for customers and employees during this integration period. Lenta considers the well-trained store staff to be one of the strengths of the business and welcomes them to the Lenta team. No redundancies among store staff are expected. KFR headquarters functions are being integrated into Lenta headquarters. Operationally, the integration is expected to be largely complete by year-end 2016.

Guidance related to the acquisition

  • Sales – the effect of the acquisition on Lenta 2016 sales will not be material (approximately 0.2% of total sales in 2016), given the short period between closing and year end 2016, and closure of the stores during part of this period in December for rebranding and other integration activities. The acquisition is expected to add around 3-4p.p. to Lenta sales growth in 2017 after taking into account minor cannibalization effects. The stores are expected to deliver sales densities at or above Lenta’s average by 2018;
  • EBITDA and Net Income margins – in 2016 EBITDA margin will be negatively impacted by around 0.1p.p. and Net income margin will be impacted by approximately 0.2p.p due to one-off integration/M&A related costs. In 2017 the overall effect on Lenta EBITDA margin and Net income margin is not expected to be material. The stores are expected to deliver margins at or above Lenta’s average by 2018;
  • Capex – the KFR stores are built to high standards and relatively new, so capex costs to rebrand the stores and adapt to Lenta requirements are not expected to be material. In the short term, Lenta will optimize capacity at the existing owned and rented distribution centres in St. Petersburg without significant additional supply chain related capex. In the medium term, some additional supply chain capacity is likely to be added in St. Petersburg to support continued growth in both hypermarkets and supermarkets – options on how best to achieve this are being evaluated. The Company’s new 2016 capex guidance is Rub 55-60bn, including the investment in the acquisition of the KFR stores;
  • Acquisition of KFR will not affect Lenta’s credit rating and was considered as credit positive by Moody’s and Fitch Rating Agencies.

Guidance related to Lenta new store openings

  • New hypermarket opening guidance – the acquisition will be additional to Lenta’s prior guidance of at least 40 new hypermarkets in 2016. Lenta therefore plans to open at least 50 hypermarkets in 2016, inclusive of the acquired KFR stores. If the number of store openings in 2016 significantly exceeds this new guidance, the Company may adjust the pipeline for 2017 while still delivering a total of at least 90 hypermarket openings in 2016-2017;
  • New supermarket opening guidance – the acquisition does not affect prior supermarket opening guidance.

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 169 hypermarkets in 76 cities across Russia and 43 supermarkets in Moscow and St. Petersburg, with a total of approximately 1,043,894 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 six owned hypermarket 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 and Marina Zakharova
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

Belle International wins Family-Friendly Employers and Breastfeeding Support awards in 2015/16 Family-Friendly Employers Scheme

Belle International wins Family-Friendly Employers and Breastfeeding Support awards in 2015/16 Family-Friendly Employers Scheme
Belle International wins Family-Friendly Employers and Breastfeeding Support awards in 2015/16 Family-Friendly Employers Scheme

 

Shenzhen, China, 2016-Dec-01 — /EPR Retail News/ — To recognize the commitment and effort in demonstrating a family-friendly spirit, Belle International was presented with two awards, namely “Family-Friendly Employers” and “Awards for Breastfeeding Support”, in the “2015/16 Family-Friendly Employers Scheme” co-organized by the Home Affairs Bureau and the Family Council.

The biennial Award Scheme, with more than 2,700 companies and organizations taking part this year, aims to recognize employers who attach importance to the family-friendly spirit.  Belle International is delighted toreceive the two recognitions on her first attempt.  In the long run, the Group will continuously live up to the “Family-friendly spirit”, foster a pro-family culture and strive for a win-win situation between employer and employees.

Contact:

Tel:+86 755 8287 7388

Source: Belle International

###

Belle International associate Baroque Japan Limited listed on Tokyo Stock Exchange

belle-international-associate-baroque-japan-limited-listed-on-tokyo-stock-exchange
belle-international-associate-baroque-japan-limited-listed-on-tokyo-stock-exchange

 

Shenzhen, China, 2016-Dec-01 — /EPR Retail News/ — On 1 November, Baroque Japan Limited (“Baroque”), an associate of Belle International, was listed on the first section of the Tokyo Stock Exchange.

Belle International has invested in Baroque since August 2013, with an aim to gain entry into the fashion apparel and accessories field in China.  In the 3 years since the set up of China joint ventures, Belle International was successfully in building a team and improving the quality of operations.  The cooperation with the Japan team has been fairly smooth.  At the same time, with rapid growth and a much larger scale, the China business is increasingly more important to Baroque.  There is already a very strong tie of business collaboration and interdependence.

Baroque’s business in China is primarily for the fashion apparel brands including MOUSSY and SLY.

Contact:

Tel:+86 755 8287 7388

Source: Belle International

###

FMI releases its inaugural consumer analysis, The Power of Fresh Prepared/Deli

Research Explores Opportunities for a $24 Billion Category with Unprecedented Growth 

CHICAGO, IL, 2016-Dec-01 — /EPR Retail News/ — Food Marketing Institute (FMI) released its inaugural analysis, The Power of Fresh Prepared/Deli, which explores fresh prepared and deli foods through the eyes of the consumer. Grounded in Nielsen data, the research outlines how the supermarket industry will continue to identify improved ways to track consumer dynamics, convenience and household trends that have had a profound impact on meal preparation and shopping behaviors regarding fresh prepared foods.

The Power of Fresh Prepared/Deli uncovers insights on consumer buying behaviors for fresh prepared food choices to better identify what choices consumers are making and how they are determining where and what they will eat. Key opportunities and strategies for retailers and their suppliers are identified in the fresh/deli space.

“Understanding the choices consumers make in the grocery store are vital in helping retailers drive image, reputation and trips to the fresh prepared and deli section,” says Sarah Schmansky, director of Nielsen Fresh. “Improvements to drive increased fresh-prepared purchases can be approached in many different ways, including meal solution type, operational improvements and aligning specific food items and featured cuisines most closely to the intended store audience.”

“The research shows that an increasing number of consumers are only buying a portion of the meal that’s already prepared and taking it home to combine it with ‘from scratch’ ingredients from their kitchen, which offers retailers valuable insight as they begin to think of connecting the consumer who buys the whole rotisserie chicken with other areas of the store,” FMI Vice President of Fresh Foods, Rick Stein, said. “Aligning these meal and recipe solutions with ambiance, atmosphere and experiential factors suggest evolving expectations among grocery customers.”

Highlights from the report include:

  • Driving image, reputation and trips is important to grow deli/fresh prepared, particularly as store/deli visits are declining. Fresh/deli prepared had 96 percent penetration yet only 12 percent of shoppers visit the deli with regularity across channels and banners. Making deli/fresh prepared a true point of differentiation can pay huge dividends for the department and total store.
  • Tying into mega trends and touting health and wellness claims may accelerate sales growth in deli/fresh prepared. Shoppers are interested in seeing deli/fresh prepared featuring organic, locally-sourced, non-GMO, gluten free and other mega trend- inspired foods that are aggressively growing sales in other parts of the store.
  • Focus on convenience as the overarching advantage of deli/fresh prepared versus home-cooked meals. Extensive variety helps suit different preferences among household members. Other advantages include saving money on potentially discarded food and offering more convenient options for those who do not or cannot cook on a given occasion.
  • Elevate the profile of the food itself: driving food theater, ambiance, customization, professional chefs and meal inspiration. When compared with restaurants, shoppers see the ability to combine errands and time savings as the top two advantages of deli/fresh prepared.
  • Offer variety across all types of meal options, including number of options, cuisines and regular rotation of offerings. Constant innovation is required to stay on top of flavors, ingredients and customizable options, primarily around mainstream, premium and value options.

The Power of Fresh Prepared/Deli was commissioned by the FMI Fresh Foods Leadership Council, supported by FMI, Nielsen, Hussmann Corporation and The Shelby Report, and prepared by 210 Analytics, LLC.
A copy of the full Power of Fresh Prepared/Deli report is available to media via this link: www.fmi.org/FreshFoods

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Media Contact:

FMI:
Heather Garlich
Senior Director Media & PR
hgarlich@fmi.org
(202) 220-0616

NIELSEN:
Genevieve Aronson
Director Media Relations
genevieve.aronson@nielsen.com
(646) 654-5742

Source: FMI

Barnes & Noble to hold its first-ever Harry Potter Magical Holiday Ball at stores nationwide on Friday, December 9

  • Harry Potter Magical Holiday Ball at Barnes & Noble Stores Nationwide Will Feature Dancing, Music, Harry Potter-Themed Activities & a Special Giveaway
  • Customers Can Discover Barnes & Noble’s Wizarding World of Harry Potter with Unique Assortment of Books, Toys & Games and Gifts, Perfect for the Whole Family

New York, New York, 2016-Dec-01 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, cordially invites customers of all ages to experience its first-ever Harry Potter Magical Holiday Ball at stores nationwide on Friday, December 9, starting at 7 PM. Barnes & Noble’s Harry Potter Magical Holiday Ball will feature dancing, music, Harry Potter-themed activities and a special giveaway at stores nationwide. Customers are encouraged to wear their most festive Harry Potter costumes and holiday attire to the special event as they dance the night away and celebrate all things Harry Potter with Barnes & Noble.

Magical Harry Potter-Themed Activities & GiveawaysThe Harry Potter Magical Holiday Ball will be complemented by special activities, with all stores featuring a designated Harry Potter Themed Craft Making Station, where customers can create their own ornaments and owl fans, while supplies last. There will also be fun activities including Wizard Charades, Trivia, a Word Search, and more, plus a coloring station for customers to enjoy, and a special photo-op station where they will be able to forever capture the magic of the Harry Potter-inspired celebration. Select stores nationwide will also feature delicious treats from the Barnes & Noble Café, including free samples of a festive sugar cookie and a caramel apple spice drink, available while supplies last.

Plus, all Barnes & Noble stores will offer a free giveaway of a special Harry Potter and the Chamber of Secrets: The Illustrated Edition poster, available while supplies last (100 per store).

Additional activities that will take place at select Barnes & Noble stores nationwide during the Harry Potter Magical Holiday Ball will include face painting, fortune telling, strolling carolers, Harry Potter character lookalike showcases, and more. Customers should contact their local store to find out if any additional activities are going to take place.

The Wizarding World of Harry Potter at Barnes & Noble

Fans of Harry Potter can continue to relive the magic at Barnes & Noble this holiday season with a dedicated Harry Potter experience inside all stores nationwide. Customers can shop a unique assortment of books and gifts from J. K. Rowling’s wizarding world, including Harry Potter and the Cursed Child Parts I and II, Fantastic Beasts and Where to Find Them: The Original Screenplay, as well as Harry Potter wands, chess sets, music and DVDs, hats, scarves and so much more. For additional details, customers can visit their local Barnes & Noble today.

For more information on how customers can relive the magic of Harry Potter at Barnes & Noble this holiday season with Barnes & Noble’s Harry Potter Magical Holiday Ball, they should visit BN.com/MagicalHolidayBall. For more information on Barnes & Noble’s Wizarding World of Harry Potter with a unique assortment of books, toys & games and gifts, perfect for the whole family, customers should visit BN.com/HarryPotter.

About Barnes & Noble
Barnes & Noble, Inc. (NYSE: BKS) is a Fortune 500 company, the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products.  The Company operates 638 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com).  The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4.5 million digital books in the US (www.nook.com), plus periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website at www.barnesandnobleinc.com.

Barnes & Noble®, Barnes & Noble Booksellers® and Barnes & Noble.com® are trademarks of Barnes & Noble, Inc. or its affiliates. NOOK® and the NOOK logos are trademarks of Nook Digital, LLC or its affiliates.

For more information on Barnes & Noble, follow us on Twitter, Instagram and Tumblr, and like us on Facebook. For more information on NOOK, follow us on Twitter and like us on Facebook.

All Contacts:

Mary Ellen Keating
Senior Vice President
Corporate Communication
(212) 633-3323
mkeating@bn.com

Alan McNamara
Senior Director
Corporate Communications
(212) 633-3379
amcnamara@bn.com

Source: Barnes & Noble, Inc.

Bon APPetit! HMSHost Launches Host2Coast App Featuring Dining Offerings at Airports across North America

Bethesda, Md., 2016-Dec-01 — /EPR Retail News/ — As the industry leader in culinary innovation, with more than 2,000 dining locations in airports from coast to coast, global restaurateur HMSHost launched a new mobile app for the convenience of travelers throughout North America. Host2Coast offers travelers the ability to easily locate dining options near them, view menus, and even pre-order their food at select locations. Host2Coast is now available in the Apple App Store and Google Play Store.

Travelers are always looking for ways to make their trips less stressful. The free mobile app Host2Coast makes it easy for travelers to better manage their time while at the airport. Travelers are able to find the nearest HMSHost-operated restaurant to their current location, view full restaurant menus, and pre-order and pay for their food from select restaurants directly through the app. Upcoming features will also include promotional offers, loyalty offerings, and trip details, among others.

“Host2Coast is the most comprehensive airport restaurant app available with information on thousands of food and dining locations in airports from coast to coast,” said HMSHost President and CEO Steve Johnson. “With Host2Coast, HMSHost is meeting the travelers’ demand for convenience and speed of service by putting information directly in their hands while still providing great in-person customer service when they arrive at one of our dining locations. Host2Coast, the first app of its kind to be created by a food & beverage operator, is another way HMSHost is elevating the guest experience at airports.”

The initial launch of Host2Coast pre-order dining capabilities include select HMSHost-operated restaurants at Charlotte Douglas International Airport, Chicago O’Hare International Airport, Fort Lauderdale-Hollywood International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, Miami International Airport, Phoenix Sky Harbor International Airport, and Seattle–Tacoma International Airport.

Host2Coast will continue to roll out across airports in North America over the coming year. Through frequent upcoming enhancements, the app will continue to expand the number of participating airport restaurants where travelers can conveniently pre-order and pay for their food right from the app.

Throughout the next year, the app will evolve with new features including a loyalty program and additional traveler information that makes Host2Coast a key app for any traveler. Based on traveler feedback, HMSHost is also partnering with other mobile travel app providers to enhance Host2Coast’s capabilities to further improve the overall traveler experience.

HMSHost is dedicated to improving the traveler experience with innovative ideas, not only through technology, but also through high quality hospitality, exceptional guest service, access to leading dining options, and unique traveler experiences and culinary events such as the first-of-its-kind Airport Restaurant Month and the Channel Your Inner Chef cooking competition. To learn more about HMSHost’s vision for the industry, visit the company’s innovation webpage and watch Innovation in Action.

HMSHost Leading the Industry

HMSHost has been recognized by the industry as the top provider of travel dining with awards such as 2016 Best Overall Food & Beverage Operator (for the ninth consecutive year) and Food Operator with the Highest Regard for Customer Service (for the seventh year) by Airport Revenue News. HMSHost has also been recognized by Airports Council International-North America, receiving First Place for Best New Food and Beverage (Full-Service Concept) for 1897 Market at Charlotte Douglas International Airport and First Place for Best Innovative Consumer Experience Concept for its Channel Your Inner Chef live culinary contest at Chicago O’Hare International Airport.

About HMSHost

Global restaurateur HMSHost is a world leader in creating dining for travel venues. HMSHost operates in more than 120 airports around the globe, including 44 of the 50 busiest airports in North America. The Company has annual sales in excess of $2.8 billion and employs more than 37,000 sales associates worldwide. HMSHost is a part of Autogrill Group, the world’s leading provider of food & beverage services for people on the move. With sales of around €4.3 billion in 2015, the Group operates in 31 countries and employs over 57,000 people. It manages approximately 4,200 stores in over 1,000 locations worldwide. Visit www.HMSHost.com for more information. We can also be found on Facebook at fb.com/HMSHost and on Twitter at @HMSHost.

 

Contact:

Lina Mizerek

HMSHost

Lina.Mizerek@HMSHost.com

240.694.4196

###

Tiffany & Co. announces 3Q 2016 financial results

NEW YORK, 2016-Dec-01 — /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.

InvenTrust Properties announces the appointment of Christy L. David as VP, Deputy General Counsel and Secretary

OAK BROOK, Ill., 2016-Dec-01 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”), today (11/30/2016) announced that Christy L. David, Managing Counsel – Transactions for InvenTrust, has been appointed Vice President, Deputy General Counsel and Secretary. Ms. David’s appointment follows the departure of Scott W. Wilton, Executive Vice President, General Counsel and Secretary. All actions were effective immediately.

“Christy has been an integral part of the legal team for InvenTrust,” said Thomas McGuinness, InvenTrust’s President and Chief Executive Officer. “Over the past 10-years, Christy has taken on increased responsibility while supporting the changing legal needs of the Company. I am pleased to have her take on this expanded role.”

Throughout her time with InvenTrust, Ms. David has been intimately involved in several large platform transactions and spin-offs, as well as all property-level acquisitions and dispositions. Ms. David also managed the legal matters and established the corporate governance program of InvenTrust’s hotel platform, Xenia Hotel & Resorts, prior to Xenia’s spin-off and listing, and was responsible for reviewing and negotiating the Company’s previous debt and financing agreements. The Company believes these considerations, along with her real estate expertise make Ms. David well-prepared to serve in this new role.

Mr. McGuinness continued, “I want to thank Scott for his service and counsel to InvenTrust over the past 12 years, particularly his guidance during our self-management transactions and our hotel and non-core platform spin-offs, and throughout our various improved corporate governance initiatives. We were fortunate to have Scott as part of the InvenTrust executive team during what was a transitional period for the Company and we wish him every success in the future.”

“I am honored to take on this opportunity and expanded role with InvenTrust,” said Ms. David. “I look forward to working closely with Tom and the management team to successfully execute on the Company’s long-term strategy.”

About Christy L. David

Ms. David served as Managing Counsel – Transactions at InvenTrust from April 2014 to November 2016. Prior to that, Ms. David served at the Inland Group Inc., managing, reviewing and drafting legal documents and matters for InvenTrust’s acquisitions, dispositions, corporate contracts and spin-offs. Prior to joining the Inland Group, Ms. David served as an Associate Attorney at The Thollander Law Firm and served in various roles at David & Associates. Ms. David serves on the Executive Committee of the Ravinia Associates Board as Co-Chair of Music Matters and Co-Chair of the Strategic Planning Committee. Ms. David received a Juris Doctor from Washington University School of Law and a Bachelor of Business Administration in Finance from Loyola University.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. is a pure-play retail company with a focus on acquiring open-air centers with a disciplined approach, in key growth markets with favorable demographics. This acquisition strategy, along with our innovative and collaborative property management approach, ensures the success of both our tenants and business partners and drives net operating income growth for the Company. 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.

Costa encourages customers to return their takeaway cups in a nationwide recycling scheme across over 2,000 stores

London, 2016-Dec-01 — /EPR Retail News/ — Costa is launching a nationwide recycling scheme across over 2,000 stores in order to recover and guarantee the recycling of its takeaway cups. Competitor takeaway cups will also be accepted by Costa in order to increase the number of cups recycled across the country.

Customers will be encouraged to leave or return their takeaway cups to a Costa store where they will be collected by Costa team members and stored back of house on a cup rack. Costa will then work with their waste partner, Veolia, to transport them to specialist waste processing plants which have the capability to recycle takeaway coffee cups.

Following a successful trial in over 45 stores across London and Manchester, Costa is rolling out the recycling racks at the end of January 2017 with a clear message of ‘we recycle any paper takeaway cup, no matter what brand’.

Jason Cotta, Managing Director of Costa UK&I, said:

“As the UK’s largest coffee shop brand, with stores up and down the country, we want to make it as easy as possible for the public to recycle their used coffee cups. Our research in Manchester and London shows around 40 cups per day are left in stores, which means we have the potential to recycle 30 million Costa cups a year. What’s more, the fact that we will accept competitors’ cups means we could significantly increase that figure. This will not be a trial. This is going to be business as usual.”

In addition to this Costa is funding research at Sheffield University into cup recyclability and currently donates 25p to litter charities every time a customer uses a reusable cup in a Costa store.

Jason Cotta continues:

“We are committed to taking a lead and, like many others, we are working hard to find a cup that can be recycled anywhere. Whilst there is more work to do in partnership with the wider industry, we are excited to see the impact our new in-store recycling offer will have and hope it is embraced by everyone – by our customers and by those who buy their coffee elsewhere.”

Costa is the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for six years running (2010, 2011, 2012, 2013, 2014 & December 2015).

With 2000 coffee shops in the UK and more than 1,180 in 30 overseas markets, Costa is the fastest- growing coffee shop business in the UK. Founded in London by Italian brothers Sergio and Bruno Costa in 1971, Costa has become the UK’s favourite coffee shop chain and diversified into both the at-home and gourmet self-serve markets.

Costa is committed to looking after coffee-growers. That’s why we’ve established The Costa Foundation, a registered charity. The Costa Foundation’s aims are to relieve poverty, advance education and the health and environment of coffee-growing communities around the world. So far, The Costa Foundation has funded the building of 53 schools and improved the social and economic welfare of coffee-growing communities.

Costa is also committed to tackling the UK’s literacy challenge and is proud to have signed the Vision for Literacy Business Pledge 2016. In continuation of this commitment, and inspired by the Costa Book Awards and the ongoing work of the Costa Foundation, Costa launched its inaugural Reading Week in September 2016 in conjunction with over 500 schools across the UK.

Source: Costa

Baskin-Robbins introduces new Ganache Poinsettia Cake and Peppermint & Winter OREO® Cookies Polar Pizza for the holidays

Baskin-Robbins introduces new Ganache Poinsettia Cake and Peppermint & Winter OREO® Cookies Polar Pizza for the holidays
Baskin-Robbins introduces new Ganache Poinsettia Cake and Peppermint & Winter OREO® Cookies Polar Pizza for the holidays

 

Brings Back Peppermint Bark in the Dark as the December Flavor of the Month

CANTON, Mass., 2016-Dec-01 — /EPR Retail News/ — Baskin-Robbins today (November 30, 2016) announced a festive lineup of frozen treats that is sure to make every ice cream lover jolly this holiday season. Baskin-Robbins is offering guests a new Ganache Poinsettia Cake, which is an elegant and decadent ganache cake topped with a wreath of Winter OREO® Cookie pieces and an icing poinsettia. Baskin-Robbins is also expanding its Polar Pizza™ Ice Cream Treat lineup for a limited time with the addition of its Peppermint & Winter OREO® Cookies Polar Pizza, which features a double fudge brownie crust with Peppermint ice cream, topped with Winter OREO® Cookie pieces and drizzled with marshmallow and fudge toppings. Both of these desserts can be pre-ordered online or in-store.

Baskin-Robbins is also bringing back Peppermint Bark in The Dark as its December Flavor of the Month. Baskin-Robbins “minted” this winter favorite by combining creamy chocolate ice cream and crunchy peppermint bark for a deliciously refreshing blast. Guests can enjoy Peppermint Bark in the Dark by the scoop, in a cup or cone, in a Warm Brownie Sundae or Warm Cookie Sundae to warm up during the cold winter months, or experience an added burst of cool with Peppermint Bark in The Dark Milkshakes and Cappuccino Blasts® beverages.

“We’re excited to introduce two new additions to our holiday lineup this year – the Ganache Poinsettia Cake and our Peppermint & Winter OREO® Cookies Polar Pizza,” said Jeff Miller, Executive Chef and Vice President of Product Innovation for Dunkin’ Brands. “The holiday season is all about creating special moments with family and friends, and we’re happy to provide guests with ice cream treats that celebrate classic seasonal flavors, like peppermint, that they can enjoy during this festive time of the year.”

Baskin-Robbins also invites guests to complement any of its holiday cakes with pre-packed quarts of ice cream or treat friends and family to a Baskin-Robbins gift card, which makes for a great stocking stuffer. Baskin-Robbins gift cards can be purchased in-store or through the Baskin-Robbins Mobile App available for iPhone and Android.

Guests can also ring in the New Year at their local Baskin-Robbins shop with the brand’s“Celebrate 31” promotion on December 31st.* On New Year’s Eve at participating Baskin-Robbins shops nationwide, guests can enjoy all regular and kids-sized ice cream scoops of any ice cream flavor, including holiday classics like Winter White Chocolate or Egg Nog, for $1.31.*

For more information about Baskin-Robbins’ wide variety of premium ice cream flavors and frozen desserts, visit www.BaskinRobbins.com or follow us on Facebook (www.facebook.com/BaskinRobbins), Twitter (www.twitter.com/BaskinRobbins) or Instagram (www.instagram.com/BaskinRobbins).

OREO is a registered trademark of Mondelēz International group, used under license.

* Offer valid on December 31st. Participation may vary. Scoop offer good on every size scoop. All listed flavors are optional amongst Baskin-Robbins’ stores. Waffle cones and toppings are extra. Cannot be combined with other offers. Plus applicable tax.

About Baskin-Robbins

Named the top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine’s 37th annual Franchise 500(r) ranking in 2016, Baskin-Robbins is the world’s largest chain of ice cream specialty shops. Baskin-Robbins creates and markets innovative, premium hard scoop ice cream and soft serve, custom ice cream cakes and a full range of beverages, providing quality and value to consumers at more than 7,700 retail shops in nearly 50 countries. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,300 ice cream flavors and a wide variety of delicious treats. Headquartered in Canton, Mass., Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For further information, visit www.BaskinRobbins.com.

MEDIA CONTACT:
Justin Drake
Phone: 781-737-5200
Email:press@dunkinbrands.com

Source: Baskin-Robbins

###

The Bon-Ton Stores, Inc. to hold a special “Santa Fest” on all store location, December 3 and December 10

  • THE BON-TON FAMILY OF STORES WELCOMES THE BELOVED MAN IN THE RED SUIT WITH FAMILY-FRIENDLY “SANTA FEST” IN EVERY STORE
  • Free Santa Selfies, kids’ crafts and a host of special activities highlight Santa Fest while new Danny Gokey version of “Santa Claus is Comin’ to Town” launches holiday campaign

MILWAUKEE, 2016-Dec-01 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores brings all things merry and bright to center stage with Santa’s arrival.  Celebrate everyone’s favorite jolly old soul during a special “Santa Fest” at every store location Saturday, December 3 and Saturday, December 10 from 11 am-3 pm.

Children and families can take free selfies with Santa, create family-friendly crafts including reindeer ears and holiday greeting cards, enter for a chance to win prizes and enjoy hot chocolate treats. Parents receive 30% off on kids’ apparel purchases all day. To find a Santa Fest location, visit bonton.com/santafest.

Adding to the holiday cheer is the launch of a partnership with American Idol alum and BMGrecording artist Danny Gokey. Gokey’s exclusive recording of the classic “Santa Claus is Comin’ to Town” serves as the Bon-Ton Stores’ signature song for the 2016 holiday television campaign. The song will also be a bonus track on Gokey’s award winning holiday CD “Christmas is Here” which debuted at #1 on the Billboard Holiday Album chart last year. The CD with bonus track is available exclusively at Bon-Ton Stores. For every CD purchased, one dollar of the proceeds will benefit Sophia’s Heart, a non-profit organization which Gokey founded in honor of his late wife to serve at-risk children and families. The Bon-Ton Stores, Inc. aims to raise $10,000 for the non-profit in December.

“The holidays are a time to celebrate families” said Gokey. “It brings me a lot of joy to combine my passion for music with that special holiday spirit and share it with others. This is also the season of giving and I’m grateful to the Bon-Ton Stores for helping Sophia’s Heart change lives and restore hope for hundreds of kids and families.”

Gokey’s CD will be available at most stores and online for $11.98 December 1 through December 24.  To learn more visit bonton.com/gokey starting December 1.

About The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 267 stores, which includes 9 furniture galleries and five clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves. ?For store locations and information, visit bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle. ?

About Danny Gokey:

BMG recording artist Danny Gokey became a favorite of millions of fans as a Top 3 finalist on Season Eight of American Idol. His first album, My Best Days debuted at #4 on the Billboard Top 200 album chart. Following, Danny has celebrated a series of #1s including his latest full album release, his first Award-winning holiday album, “Christmas Is Here,” as well as singles including “Hope In Front of Me” and “Tell Your Heart to Beat Again.” He is also the founder of Sophia’s Heart, an organization established in honor of his late wife that provides hope and help to homeless families in crisis. It also has a thriving inner city Music & Arts program in Danny’s hometown of Milwaukee.  For more official news and information go to www.dannygokey.com.

MEDIA CONTACT:

Christine Hojnacki
The Bon-Ton Stores, Inc.
414.347.5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores to close its Carson’s Clearance Center at The Landings Shopping Center in Lansing, Illinois

MILWAUKEE, WI, 2016-Dec-01 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (November 30, 2016) announced it will close its Carson’s Clearance Center at The Landings Shopping Center in Lansing, Illinois. The company will not renew the lease, which terminates January 31, 2017. The closing will impact approximately 60 associates at this location. The store will remain open until the end of its lease term.

“Closing this store was a difficult decision,” commented Kathryn Bufano, president and chief executive officer for The Bon-Ton Stores, Inc. “We would like to thank the loyal customers who have shopped with Carson’s over the years as well as our devoted store associates for their dedication and friendly customer service to this community.”

The affected associates at Carson’s Clearance Center in The Landings Shopping Center location will be offered the opportunity to interview for available positions at stores in the area or receive career transition benefits, including severance, according to established practices and state employment service support.

Customers are invited to shop at the nearby Carson’s department store locations at the Woodmar Mall, Hammond, IN; Southlake Mall, Merrillville, IN; Lincoln Mall, Matteson, IL and Evergreen Plaza, Evergreen Park, IL. Customers may also visit the company’s website at bonton.com.

About The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 267 stores, which includes 9 furniture galleries and five clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Boston Store, Bergner’s, Carson’s, ElderBeerman, Herberger’s and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves. For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

MEDIA CONTACT:

Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: Bon-Ton Stores, Inc.

Lowes Foods and Natty Greene’s introduces Boxcar Latte Ale, a beer with flavors of coffee with cream & sugar

WINSTON-SALEM, N.C., 2016-Dec-01 — /EPR Retail News/ — Lowes Foods stores with a Beer Den are celebrating November with a special CollaBEERation with Natty Greene’s Brewing featuring the brewery’s Boxcar Latte Ale. The beer is a brown ale with perfected flavors of coffee with cream & sugar. Natty Green’s brewed the beer with lactose and finished it with Lowes Foods’ signature Boxcar coffee.

“During select months, Lowes Foods partners with a different Carolinas-based brewery to create a oneof-a-kind beer in limited supply. Each Lowes Foods’ Beer Den gets one keg of the beer, and it usually goes fast,” Charles Slezak, Lowes Foods’ category manager for beer and wine said. “Natty Green’s Boxcar Latte Ale is now available in our Beer Dens. The beer has a wonderful flavor profile. I recommend enjoying a glass soon before it’s too late!”

Slezak said the December CollaBEERation will be with Draft Line Brewing to serve Swiggy Puddin’ Scotch Ale a malty, slightly sweet base of Scotch Ale with the flavor and aroma of freshly baked cinnamon rolls. During the past few months, Lowes Foods has featured CollaBEERations with a number of other local breweries including Foothills Brewery, Hi-Wire Brewing, Bold Rock Hard Cider and Highland Brewing Company.

About Lowes Foods

Founded in 1954, Lowes Foods employs approximately 9,000 people and operates nearly 100 full-service supermarkets in North Carolina, South Carolina and Virginia. Locally owned and operated, Lowes Foods is truly a homegrown company committed to bringing community back to the table, by providing customers with the freshest and most innovative local products from local suppliers. The company maintains a strong focus on exceptional attention to our guests, with services like Lowes Foods-To-Go personal shopping and gas rewards discounts. To learn more, visit lowesfoods.com or follow Lowes Foods on Facebook or Twitter. Lowes Foods, LLC is a wholly owned subsidiary of Alex Lee, Inc.

About Alex Lee, Inc.

Founded in 1931, Alex Lee is a family-owned and operated company that employs approximately 10,000 people. It serves as the parent company of Merchants Distributors, LLC, which provides full-service, wholesale distribution to supermarkets. In addition, Alex Lee is the parent company of Lowes Foods, which includes nearly 100 full-service grocery stores in North Carolina, South Carolina and Virginia, as well as Just Save food stores in North Carolina. Alex Lee, Inc. is based in Hickory, NC.

For more information, please visit alexlee.com.

Media contact:
Scott Carpenter
336.722.9660
scott@capturevalue.com

Source: Lowes Foods

Sheetz to move forward with pay increase on all its salaried employees despite federal judge’s injunction

ALTOONA, Pa., 2016-Dec-01 — /EPR Retail News/ — Sheetz, one of America’s fastest-growing family-owned and operated convenience retailers, today (Nov. 30, 2016) announced that all of the company’s salaried employees will earn a minimum base salary of $47,500 per year.  The decision was made in connection to the proposed Federal Labor Standards Act (FLSA) rule from the U.S. Department of Labor which called for an increase to the minimum salary for salaried employees, which was set to take effect on Dec. 1.  Despite a federal judge’s injunction on Nov. 22 which prevented the regulation from going into effect, Sheetz plans to move forward with the salary changes already communicated to its employees.

“Since our founding in 1952, the success and satisfaction of our employees at Sheetz has been vital to the accomplishments of the company itself,” said Joe Sheetz, president and CEO of Sheetz, Inc.  “This announcement represents our constant efforts toward attracting and retaining the best talent and being a great place to work.  It is a commitment that reaches beyond compensation, to the offering of excellent benefits and a great balance between work and family.”

The pay increase affects approximately 270 employees and is expected to cost approximately $1 million annually.  Sheetz employs more than 17,500 people in Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina.  In just this year alone, it was named by Fortune as one of the 100 Best Companies to Work For, in the Top 12 Best Places to Work for Women and Top 35 Best Workplaces for Millennials.

About Sheetz, Inc.
Established in 1952 in Altoona, Pennsylvania, Sheetz, Inc. is one of America’s fastest-growing family-owned and operated convenience store chains, with more than $6.9 billion in revenue and more than 17,500 employees. The company operates over 535 store locations throughout Pennsylvania, West Virginia, Virginia, Maryland, Ohio and North Carolina. Sheetz provides an award-winning menu of MTO® sandwiches and salads, which are ordered through unique touch-screen order point terminals. All Sheetz convenience stores are open 24 hours a day, 365 days a year. Recognized by Fortune as one of the 100 Best Companies to Work For, Top 12 Best Places to Work for Women and Top 35 Best Workplaces for Millennials, Sheetz is committed to offering employees sustainable careers built on an inspiring culture and community engagement. For more information, visit www.sheetz.com or follow us on Twitter (@sheetz), Facebook (www.facebook.com/sheetz) and Instagram (www.instagram.com/sheetz).

For further information:
Nick Ruffner
nruffner@sheetz.com

SOURCE: Sheetz, Inc.

Best Buy Canada opens Google shops in four Canadian cities

Toronto, 2016-Dec-01 — /EPR Retail News/ — It’s a North American first: Best Buy stores in four Canadian cities are now home to large-scale Google shops, where consumers can fully experience the company’s family of hardware, like Pixel, Daydream View and Chromecast Ultra.

Google Canada’s “shop within a shop” spaces were officially opened today at the Best Buy location in Mississauga’s Heartland Town Centre, along with three others in Calgary, Edmonton and Vancouver. The exciting collaboration is part of Best Buy’s redesigned Experience Stores, and today’s opening marks the official culmination of the large coast-to-coast renovation plan that saw upgrades made to more than a dozen locations.

“We are thrilled about the launch of our newly renovated stores and to showcase the new Google shops,” says Ron Wilson, President and COO of Best Buy Canada. “We are committed to providing our customers with the best service and the most exciting tech. We can’t wait for the public to enjoy the special in-store experiences.”

In October, ten smaller Google shops were introduced in Best Buy stores. However, today marks the debut of the significantly larger scale shops which enable Google to showcase its family of hardware in an immersive retail space.

“We’re proud of the collaboration with Best Buy and their new Experience Stores, particularly as the concept aims to enhance the traditional way of shopping and aligns with Google’s immersive approach,” said Janell Fischer, Director of Retail Marketing at Google Inc. “Google shops bring a whole new way for shoppers to experience and interact with our products, complete with trained Google guides who will be onsite to offer one-on-one tech help.”

At Google shops, guests can go hands-on with Google products in interactive and experiential spaces. Shoppers can also experience Portal, an immersive super-sized display where they can ‘fly’ over anywhere on the planet through Google Earth, explore what people around the world are searching for and play other fun Google apps.

In addition to booking 1:1 appointments with Google guides, customers can also take part in hands-on daily workshops to learn the ins and outs of Google tech and sign up for unique and fun seasonal events, led by YouTube creators, popular tech experts, and more.

Best Buy Canada continues to be a leader online, recently being named the Best Omni-Channel Large Retailer for the third time in a row at the Canada Post E-commerce Innovation Awards.

“We’re really proud to bring Canadians together with Google’s tremendous new line of hardware, to experience the latest innovations first hand,” concluded Best Buy President & COO Ron Wilson. “This is exactly why we have redesigned our Experience Stores – to provide the perfect environment for enthusiastic people and bold new technologies to come together.”

About Best Buy

As a wholly owned subsidiary of Best Buy Co., Inc. (NYSE: BBY), Best Buy Canada Ltd. is one of Canada’s largest and most successful omni-channel retailers, operating the Best Buy, Best Buy Mobile and Geek Squad ( www.geeksquad.ca ) brands. With nearly 200 Best Buy and Best Buy Mobile stores across Canada, and an expanded assortment of lifestyle products offered through BestBuy.ca , Best Buy is a leader in Total Retail, catering to customers how, when, and where they want to shop. Best Buy Canada is committed to making a positive impact in the community with programs and partnerships that support youth to connect with technology to advance their education. For more information visit BestBuy.ca .

For further information, contact:

Christine Tam
Manager
External Communications
Best Buy Canada
ctam@bestbuycanada.ca
604-809-3416

Source: Best Buy

Best Buy Canada opens applications from secondary schools for its Best Buy School Tech Grant program

BURNABY, BC, 2016-Dec-01 — /EPR Retail News/ — Best Buy Canada is now accepting applications from secondary schools for their Best Buy School Tech Grant program, the retailer announced today (November 30, 2016). Financial grants of up to $10,000 are available for schools across the country looking to improve their technology offerings for classes or programs for students in Grades 9-12. Schools can submit their online applications until Thursday, December 22, 2016 at www.bestbuy.ca/schooltechgrants.

The School Tech Grant program exists to help reduce the economic and digital divide for youth by providing them with access to the technology they need to achieve their highest potential as they move into post-secondary education and the workforce.

“We continue to be inspired by the programs that Canadian secondary schools are offering today’s students, regardless of the resources they have available” said Andrea MacBeth, Community Relations Manager, Best Buy Canada. “As our grants allows schools to outline exactly how much funding and specifically what technology is needed, we get an insight into the creativity of teachers and the desires of students as they strive to take learning to the next level.

The Best Buy School Tech Grants are available in two categories:

  • General School Tech Grants are a way for schools to improve or integrate technology in their classrooms to advance student learning. Previous winners have used these grants to support tech needs in libraries, special needs classrooms, and literacy programs.
  • STEM School Tech Grants are for schools looking to add technology to programs with a focus on Science, Technology, Engineering or Math (STEM). Previous recipients include investments in robotics clubs, math or coding programs, makerspaces, and digital media courses.

Tips for educators looking to write a successful application include:

  • Illustrating how the technology purchased will inspire, motivate and empower students in their studies.
  • Outlining how the technology will bring innovation or equality to the classroom.
  • Illustrating the impact this new technology will have on the student experience and potential for learning.
  • Ensuring that the list of new technology purchased with the grant is reflective of the case made for a grant.

Since the program started, Best Buy Canada has awarded $2.3 million in grants to more than 130 Canadian schools as part of their ongoing commitment to supporting students and education in Canada.

About Best Buy

As a wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY), Best Buy Canada Ltd. is one of Canada’s largest and most successful omni-channel retailers, operating the Best Buy, Best Buy Mobile and Geek Squad (www.geeksquad.ca) brands. With nearly 200 Best Buy and Best Buy Mobile stores across Canada, and an expanded assortment of lifestyle products offered through BestBuy.ca, Best Buy is a leader in Total Retail, catering to customers how, when, and where they want to shop. Best Buy Canada is committed to making a positive impact in the community with programs and partnerships that support youth to connect with technology to advance their education. For more information visit BestBuy.ca.

Media contact:

Christine Tam
E : ctam@bestbuycanada.ca
T : 778.229.7532

Source: Best Buy

Illinois-based Central Grocers, Inc. joins Topco family

Elk Grove Village, Ill., 2016-Dec-01 — /EPR Retail News/ — Topco Associates LLC announced today ( November 29, 2016) that Joliet, Illinois-based Central Grocers, Inc. has joined the cooperative, expanding its retail, wholesale and foodservice companies’ membership.

“I am excited for this strong retailer-owned wholesaler to join our membership,” stated Randy Skoda, Topco President & CEO. “We look forward to partnering together to help Central Grocers fulfill their mission of serving the true independent grocer in their local market,” he continued.

Central Grocers supplies popular grocers such as Strack & Van Til, Tony’s Finer Foods, Ultra Foods and Sunset Foods, and will participate in Topco’s Grocery, Dairy/Bakery, Meat, Deli, Produce and Floral programs. Topco expects to have the wholesaler fully transitioned by first quarter of 2017.

“Central Grocers is pleased to join the Topco family. Topco’s innovative approach to finding business solutions in the grocery industry will be of significant benefit to the members we serve in more than 500 independent grocery stores. We envision that their buying power will help us maintain customer-friendly pricing in our intensely competitive markets, while Topco’s expertise in quality assurance, packaging and sustainability will help us improve overall in-store efficiency,” said Ken Nemeth, President & CEO of Central Grocers.

Formed in 1917, Central Grocers, Inc. has grown to become a $2 billion, memberowned, grocery wholesale cooperative. The wholesaler supplies more than 500 independent retailers in the Chicagoland and Northwest Indiana area with groceries, produce, fresh meat, service deli items, frozen foods, ice cream and is the exclusive distributor of the Centrella Brand.

About Topco Associates LLC
Topco Associates LLC is an over $15 billion, privately held company that provides aggregation, innovation and knowledge management solutions for its leading food industry member-owners and customers, including grocery retailers, wholesalers and food service suppliers. Topco leverages the collective volume, knowledge and commitment of these companies to create a competitive advantage in the marketplace by reducing costs and offering winning business-building capabilities. For more information, please visit www.topco.com.

Media contact:
Nancy Antol
847-329-3386
nantol@topco.com

Source: Topco Associates

The TJX Companies, Inc. welcomes Jackwyn Nemerov to its Board of Directors

The TJX Companies, Inc. Elects Jackwyn Nemerov to Board of Directors

FRAMINGHAM, Mass., 2016-Dec-01 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE:TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced today (Nov. 29, 2016) that Jackwyn Nemerov has been elected to its Board of Directors.

Ms. Nemerov, 65, is the former President and Chief Operating Officer of Ralph Lauren Corporation, a position she held from November 2013 to November 2015, and previously served as its Executive Vice President. During her 12-year tenure with Ralph Lauren, from 2004 through her retirement in 2015, Ms. Nemerov led the Wholesale, Retail, Worldwide Licensing, and International businesses along with the full scope of company operations across Design, Merchandising, Marketing, Sourcing, Manufacturing, Supply Chain, and E-commerce. She also served on the Ralph Lauren Board of Directors from 2007 to 2015. Ms. Nemerov’s longstanding relationship with Ralph Lauren began during her 17-year executive career at Jones Apparel Group. At that company, she served as the President and Chief Operating Officer from 1998 to 2002, and earlier as a divisional President leading the Jones New York, Jones New York Sport, licensed Lauren by Ralph Lauren, and Gloria Vanderbilt for Murjani Group businesses. Prior to joining Jones Apparel Group, Ms. Nemerov held multiple roles within the retail industry.

Carol Meyrowitz, Executive Chairman of the Board of The TJX Companies, Inc., stated, “We could not be more pleased to welcome Jacki to our Board of Directors. With her deep retail experience, spanning 40 years, she has led premium, growing brands and operated profitable businesses in a highly competitive marketplace. We see Jacki’s expertise in brand building, marketing, supply chain, and e-commerce as an excellent complement to our Board. We very much look forward to working with her as we continue to grow TJX to become a $40 billion company and beyond.”

About The TJX Companies, Inc.

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. As of October 29, 2016, the end of the Company’s third quarter, the Company operated a total of 3,785 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and three e-commerce sites. These include 1,179 T.J. Maxx, 1,027 Marshalls, 568 HomeGoods, and 11 Sierra Trading Post stores, as well as tjmaxx.com and sierratradingpost.com in the United States; 255 Winners, 106 HomeSense, and 57 Marshalls stores in Canada; 503 T.K. Maxx and 44 HomeSense stores, as well as tkmaxx.com, in Europe; and 35 Trade Secret stores in Australia. TJX’s press releases and financial information are also available at tjx.com.

Important Information at Website

The Company routinely posts information that may be important to investors in the Investor Information section at www.tjx.com. The Company encourages investors to consult that section of its website regularly.

Forward-looking Statement

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Various statements made in this release are forward-looking and involve a number of risks and uncertainties. All statements that address activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements. The following are some of the factors that could cause actual results to differ materially from the forward-looking statements: execution of buying strategy and inventory management; operational and business expansion and management of large size and scale; customer trends and preferences; various marketing efforts; competition; personnel recruitment, training and retention; labor costs and workforce challenges; data security; information systems and new technology; economic conditions and consumer spending; adverse or unseasonable weather; serious disruptions or catastrophic events; disruptions in the second half of the fiscal year; corporate and retail banner reputation; quality, safety and other issues with merchandise; expanding international operations; merchandise importing; commodity availability and pricing; fluctuations in currency exchange rates; fluctuations in quarterly operating results and market expectations; mergers, acquisitions, or business investments and divestitures, closings or business consolidations; compliance with laws, regulations and orders and changes in laws, regulations and applicable accounting standards; outcomes of litigation, legal proceedings and other legal or regulatory matters; tax matters; real estate activities; cash flow and other factors that may be described in our filings with the Securities and Exchange Commission. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized.

Contact:

Debra McConnell
Global Communications
(508) 390-2323

Source: The TJX Companies, Inc.

The TJX Companies, Inc. declares quarterly dividend of $.26 per share on its common stock

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend

FRAMINGHAM, Mass., 2016-Dec-01 — /EPR Retail News/ — The TJX Companies, Inc. (NYSE:TJX) today (Nov. 30, 2016) announced the declaration of a quarterly dividend on its common stock of $.26 per share payable March 2, 2017, to shareholders of record on February 9, 2017.

About The TJX Companies, Inc.

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. As of October 29, 2016, the end of the Company’s third quarter, the Company operated a total of 3,785 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and three e-commerce sites. These include 1,179 T.J. Maxx, 1,027 Marshalls, 568 HomeGoods, and 11 Sierra Trading Post stores, as well as tjmaxx.com and sierratradingpost.com in the United States; 255 Winners, 106 HomeSense, and 57 Marshalls stores in Canada; 503 T.K. Maxx and 44 HomeSense stores, as well as tkmaxx.com, in Europe; and 35 Trade Secret stores in Australia. TJX’s press releases and financial information are also available at tjx.com.

Important Information at Website

The Company routinely posts information that may be important to investors in the Investor Information section at tjx.com. The Company encourages investors to consult that section of its website regularly.

Contact:
Debra McConnell
Global Communications
(508) 390-2323

Source: The TJX Companies, Inc.

Sprouts Farmers Market to hold nationwide hiring day on Tuesday, Dec. 6

Healthy grocery store holding open interviews for non-seasonal career opportunities at every Sprouts location on Dec. 6 from 9 a.m. to 6 p.m.

PHOENIX, 2016-Dec-01 — /EPR Retail News/ — Sprouts Farmers Market will hold a hiring day on Tuesday, Dec. 6 from 9 a.m. to 6 p.m. at all of its stores from coast to coast. Sprouts aims to fill more than 2,000 full- and part-time, non-seasonal positions to meet the demand of continued growth. Open interviews will be held at each Sprouts location; no appointment is necessary. A list of local openings and online applications can be found at sprouts.com/careers.

As one of the fastest-growing retailers in the country, Sprouts has created 4,350 jobs since the start of 2016 and promoted more than 20 percent of its workforce.

“Sprouts is a great place to grow a career. As we expand we’re focused on building future leaders and strengthening our reputation for outstanding customer service,” said Sprouts chief operations officer Dan Sanders. “Through our focus on training and education, new team members will learn everything they need to know to help our shoppers along their healthy living journey.”

Sprouts offers competitive pay, excellent benefits, team member discounts, a fun and rewarding culture and great career advancement opportunities. Last year, Sprouts team members saved more than $8 million through store discounts and received more than $1.5 million in additional incentives and scholarships.

Openings are available in all Sprouts departments, including specialized areas like the Old Tyme Butcher Shop and Vitamins and Body Care department. Interested candidates can learn more during a one-on-one interview at the hiring event. Applications can be completed at a store or online at sprouts.com/careers. Minimum age to work is 16 years old.

Employment opportunities include:

  • Department Managers and Assistant Department Managers (Produce, Meat and Seafood, Vitamins and Body Care, Deli, Grocery, Bakery)
  • Clerks – all departments
  • Cashiers
  • Courtesy Clerks (checkout assistants)
  • Backup Receivers, Administrative Coordinators and Scan Coordinators

About Sprouts Farmers Market
Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 24,000 team members and operates more than 250 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Contact:

Erin Miller
(602) 682-1617
erinmiller@sprouts.com

Source: Sprouts Farmers Market/globenewswire

Kroger to present at the Barclays Eat, Sleep, Play – It’s Not All Discretionary Conference

CINCINNATI, 2016-Dec-01 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today (Nov. 29, 2016) announced that Mike Schlotman, Kroger’s executive vice president and CFO, will address investors at the Barclays Eat, Sleep, Play – It’s Not All Discretionary Conference on Tuesday, December 6, 2016 at 10:40 a.m. (ET).

The presentation will be broadcast online at ir.kroger.com. Click on “Events, Presentations & Webcasts” to access the event.  The presentation will be available in an archived format for one week following the conference.

Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 431,000 associates who shop or serve in 2,781 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to 2,240 pharmacies, 785 convenience stores, 323 fine jewelry stores, 1,423 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.

SOURCE: The Kroger Co.

DreamLand presents the largest Saint Nicholas drawing ever with the help of 10,000 children

Halle, Belgium, 2016-Dec-01 — /EPR Retail News/ — Toys specialist DreamLand gave Saint Nicholas the largest drawing ever. In November, more than 10,000 children digitally coloured a 10 metres wide and 6 metres high mosaic. Yesterday, the drawing was handed over to Saint Nicholas during one of the VTM KZOOM weekends at Plopsaland De Panne.

More than 10,000 children coloured
In November, all Belgian children could help colour the largest Saint Nicholas drawing ever at dreamland.be/welkom. They coloured one (or more) of the 9 available digital drawings and DreamLand combined all entries into one gigantic 60 m² mosaic. The special colouring action was a big success: more than 10,000 children submitted their drawing.

Playful welcome
DreamLand wanted to welcome Saint Nicholas in a playful way, which is what the toys specialist is known for. Geert Gillis, DreamLand Sales Division Manager: “Our slogan is ‘Everything becomes more fun when you play’ for good reason. With this action, we got thousands of kids in Belgium to colour and give Saint Nicholas an original surprise.” And Saint Nicholas was very happy with his welcome gift. “I have never received such a large and beautiful drawing. All children clearly worked very hard and I am sure they had a lot of fun colouring'”, he said. Actually, the colouring fun is still going on. Until 6 December, children can keep colouring on the DreamLand site to their hearts content.

About DreamLand
DreamLand, a subsidiary of Colruyt Group since 1994, guarantees sustainable children’s joy. This year, DreamLand was again elected the best store chain in the Toys category. Today, DreamLand has 44 stores: 32 in Flanders, 10 in Wallonia and 2 in France. They employ over 800 people. DreamLand’s slogan? ‘Everything becomes more fun when you play!’ And that’s not only radiated by the employees, but also in the stores. Because they organise fun experiences every week. Moreover, the toys specialist guarantees its customers the lowest price.

DreamLand, Edingensesteenweg 196, 1500 Halle.
DreamLand customer service: 02 363 56 56, Mon tot Sun from 8 am to 10 pm.
or dreamland@dreamland.be.

For more information:
Silja Decock
Colruyt Group Press Officer
Mobile: +32 (0)473 92 45 10
E-mail: silja.decock@colruytgroup.com

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DreamLand presents the largest Saint Nicholas drawing ever with the help of 10,000 children
DreamLand presents the largest Saint Nicholas drawing ever with the help of 10,000 children

 

Source:  Colruyt Group

Colruyt reopens newly renovated store in Gosselies

Halle, Belgium, 2016-Dec-01 — /EPR Retail News/ — On Wednesday 30 November the renovated Colruyt store in Gosselies will open its doors after a few months of renovation work. This new-generation Colruyt store has been expanded and completely reorganised. The butcher’s department has been completely renovated, and a Collect&Go pick-up point has been added. In March 2017, Colruyt Group’s toys specialist Dreamland will open a store on the same site.

New-generation store

Store manager Luca Tiepido: “Colruyt renovates its stores to make them more efficient and to make it nicer for customers to shop. For instance, near the fresh market we replaced the plastic flaps by an air curtain. When making renovations, we always aim at simplicity and the lowest costs, as our customers expect of us.”

Wider aisles and a new butcher’s department

“We expanded the store and widened the aisles”, the store manager explains. “This enables customers to shop even more efficiently. And we can offer them a broader range of food and non-food products.”
The fresh market has also been enlarged. For fresh quality meat, customers can visit the brand-new butcher’s department. Head butcher Maxime Grandjean: “Our customers have a nice overview of the range of meat, cold cuts and salads. And they can see the butchers at work in an open workshop. Customers can easily talk to them if they have questions or special orders.”

Collect&Go shops for the customer

Colruyt Gosselies now also has a Collect&Go pick-up point. Luca Tiepido: “Collect&Go is Colruyt Group’s handy online shopping service. Customers send their shopping list to collectandgo.be or via the app, and the Collect&Go employees have their products ready at the pick-up point on the day and time of their choice. Handy!”

Special open evening

From Wednesday 30 April, store manager Luca Tiepido, head butcher Maxime Grandjean and their 50 employees will be on hand to welcome customers at the renovated Colruyt Gosselies.
Luca Tiepido: “The evening before, on Tuesday 29 November from 5 to 8 p.m.,everyone is invited for a store preview. During this special open house, customers will be offered snacks and a drink. Everyone is most welcome!”

Practical information: 

Colruyt Gosselies
Rue Tahon 37
6041 Gosselies

Openingsuren:
Mon – Sat:8.30 – 20.00
Fri:8.30 – 21.00

Open evening:
Tuesday 29 November from 17.00 to 20.00

For more information, please contact:

Tiziano Antenucci
(regional manager)
02 345 2345

Patricia Verdoodt
(Colruyt Group press officer)
0473 924510

Source: Colruyt Group

ESCHEN: VORÜBERGEHEND KEINE MIGROS-PRODUKTE

Gossau, Switzerland, 2016-Dec-01 — /EPR Retail News/ — Die Migros Ostschweiz beendet die Zusammenarbeit mit dem Migros-Partnergeschäft in Eschen per Ende Jahr. Damit entfällt die Möglichkeit, sich vor Ort mit Migros-Produkten zu versorgen.

Wie bereits angekündigt, wird die Migros Ostschweiz die Zusammenarbeit mit dem Betreiber des Ländle-Marktes in Eschen per Ende Jahr einstellen. Kundinnen und Kunden aus Eschen und Umgebung müssen aber nicht auf ihre gewohnten Migros-Produkte verzichten. Im Umkreis von wenigen Kilometern finden sie beim Migros-Partner an der Landstrasse 33 in Ruggell, im MM Buchs oder in der Migros Schaan attraktive Einkaufsmöglichkeiten.

Standortsuche mit neuem Partner

Die Migros Ostschweiz evaluiert derzeit Möglichkeiten, um ihren Kunden aus Eschen möglichst bald wieder einen Einkauf in nächster Nähe zu ermöglichen. Dabei steht sie in engem Austausch mit Stefan Ospelt, der bereits erfolgreich Migros-Partnergeschäfte in Ruggell, Balzers, Bad Ragaz und Grabs führt.

Contact:
Genossenschaft Migros Ostschweiz
Herr Christian Possa
Kommunikation/Kulturprozent/Sponsoring
Industriestrasse 47
9201 Gossau
TEL: 071 493 24 92
FAX: 071 493 27 89
E-MAIL: christian.possa@gmos.ch

Source: Migros

VORERST KEINE MIGROS-PRODUKTE MEHR IN HEERBRUGG

Gossau, Switzerland, 2016-Dec-01 — /EPR Retail News/ — Die Migros Ostschweiz hat die Zusammenarbeit mit dem Migros-Partnergeschäft im Dornacherhof auf Ende Jahr gekündigt. Damit entfällt für die Bevölkerung von Heerbrugg die Möglichkeit, sich am Wohnort mit Migros-Produkten zu versorgen. Die Suche nach einem neuen Standort läuft.

Die Migros Ostschweiz beendet per Ende 2016 die Zusammenarbeit mit Jürg Andrist. Als selbständiger Detaillist und Migros-Partner führt er unter anderem ein umfassendes Angebot an Migros-Produkten. Für die Bevölkerung von Heerbrugg entfällt damit die Möglichkeit, sich direkt vor Ort mit Migros-Produkten zu versorgen.

Alternative Einkaufsmöglichkeiten

Die Kundschaft des Migros-Partners Heerbrugg muss aber nicht auf ihre gewohnten Migros-Produkte verzichten. Nur zwei Kilometer entfernt findet sie im MM Widnau ein breites Sortiment für den Tages- und Wocheneinkauf. Weitere attraktive Einkaufsmöglichkeiten in der Umgebung sind der im Sommer 2016 modernisierte Migros-Partner Rebstein, der MMM Rheinpark sowie die M Diepoldsau, die nach einer umfassenden Modernisierung am 24. November Wiedereröffnung feierte.

Standortsuche läuft

Aktuell evaluiert die Migros Ostschweiz einen Nachfolgestandort für die Verkaufsstelle im Dornacherhof in Heerbrugg, um ihren Kunden aus Heerbrugg und Au wieder einen Einkauf in nächster Nähe zu ermöglichen.

Contact:
Genossenschaft Migros Ostschweiz
Herr Christian Possa
Kommunikation/Kulturprozent/Sponsoring
Industriestrasse 47
9201 Gossau
TEL: 071 493 24 92
FAX: 071 493 27 89
E-MAIL: christian.possa@gmos.ch

Source: Migros