Walgreens Boots Alliance to present at the 35th Annual J.P. Morgan Healthcare Conference

DEERFIELD, Ill., 2017-Jan-05 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) Executive Vice Chairman and CEO Stefano Pessina, and Co-Chief Operating Officer Alex Gourlay, will participate at the 35th Annual J.P. Morgan Healthcare Conference. Pessina and Gourlay are scheduled to appear at 10:30 a.m. Pacific time (1:30 p.m. Eastern time) on Wednesday, 11 January. The conference is taking place at the Westin St. Francis Hotel in San Francisco.

The appearance will be webcast live and can be accessed through the Walgreens Boots Alliance investor relations website at http://investor.walgreensbootsalliance.com/events.cfm.

Notes to Editors:

Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise.

The company was created through the combination of Walgreens and Alliance Boots in December 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the USA and Europe. Walgreens Boots Alliance and the companies in which it has equity method investments together have a presence in more than 25* countries and employ more than 400,000* people. The company is a global leader in pharmacy-led, health and wellbeing retail and, together with the companies in which it has equity method investments, has over 13,200* stores in 11* countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 390* distribution centers delivering to more than 230,000** pharmacies, doctors, health centers and hospitals each year in more than 20* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands such as No7, Botanics, Liz Earle and Soap & Glory.

In October 2016 Walgreens Boots Alliance received the United Nations Foundation Global Leadership Award for its commitment to the UN’s Sustainable Development Goals.

More company information is available at www.walgreensbootsalliance.com.

* As of 31 August 2016, using publicly available information for AmerisourceBergen.

** For 12 months ending 31 August 2016, using publicly available information for AmerisourceBergen.

Contact:
Media Relations:
USA
Michael Polzin
+1 847 315 2935

International
Laura Vergani
+44 (0)207 980 8585

Investor Relations:
Gerald Gradwell and Ashish Kohli
+1 847 315 2922

Source: Walgreens Boots Alliance, Inc.

Sonic Corp. announces first quarter of fiscal year 2017 results

OKLAHOMA CITY, 2017-Jan-05 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants, today (Jan 4, 2017) announced results for its first fiscal quarter ended November 30, 2016.

Key highlights of the company’s first quarter of fiscal year 2017 included:

  • Net income per diluted share increased 17% to $0.28 compared with $0.24 in the same period of the prior year; adjusted net income per diluted share was flat versus the prior-year period at $0.24;
  • System same-store sales declined 2.0%, consisting of a 2.0% same-store sales decrease at franchise drive-ins and 2.4% decrease at company drive-ins;
  • Company drive-in margins declined by 150 basis points;
  • Fourteen new franchise drive-ins opened and 56 drive-ins were refranchised; and
  • The company repurchased 2.0 million outstanding shares.

“Our first quarter results reflect a sluggish consumer landscape and exceptionally strong prior-year performance,” said Cliff Hudson, Sonic Corp.CEO. “Although the business faces even tougher sales and margin hurdles in the second fiscal quarter, we remain optimistic in our ability to show sequential same-store sales and profitability improvement beginning in the second half of fiscal 2017.

“Our unit growth, capital structure, refranchising and technology initiatives are performing well,” continued Hudson. “We refranchised 56 drive-ins during the quarter and remain confident that we will complete our targeted refranchising transactions prior to the end of the third fiscal quarter, leaving us with a more efficient, higher-margin portfolio of company-owned stores. We are also pleased to have repurchased 2 million shares in the first quarter of 2017, representing 4% of shares outstanding, while continuing to invest in the people, development and content that will drive our consumer-facing technology to the next level.”

Same-Store Sales

For the first quarter ended November 30, 2016, system same-store sales decreased 2.0%, which was comprised of a 2.0% same-store sales decline at franchise drive-ins and a decline of 2.4% at company drive-ins.

Financial Overview

For the first fiscal quarter of 2017, the company’s net income totaled $13.1 million or $0.28 per diluted share compared to net income of$12.5 million or $0.24 per diluted share in the same period of the prior year. Excluding the items outlined below, net income declined 9% and net income per diluted share was flat.

The following analysis of non-GAAP adjustments is intended to supplement the presentation of the company’s financial results in accordance with GAAP. The company believes that the presentation of this analysis provides useful information to investors and management regarding the underlying business trends and the performance of the company’s ongoing operations and is helpful for period-to-period and company-to-company comparisons, which management believes will assist investors in analyzing the financial results of the company and predicting future performance.

Fiscal Year 2017 Outlook

While the macroeconomic environment may impact results, the company continues to expect adjusted earnings per share for fiscal year 2017 to be in the range of down 7% to flat year over year. The outlook for fiscal 2017 anticipates the following elements:

  • (2)% to 0% same-store sales for the system;
  • Royalty revenue growth from new unit development;
  • 65 to 75 new franchise drive-in openings;
  • Drive-in-level margins of 16% to 17%, depending upon the timing of drive-in divestitures and the degree of same-store sales growth at company drive-ins;
  • Selling, general and administrative expenses of approximately $84.0 million reflecting increased investment in human resources and technology to support brand initiatives;
  • Depreciation and amortization expense of $37.5 million to $38.5 million reflecting the divestiture of company drive-ins as previously announced;
  • Net interest expense of approximately $26.5 million to $27.5 million;
  • Capital expenditures of $40 million to $45 million reflecting ongoing investment into the company’s technology initiatives;
  • Free cash flow(1) of approximately $60 million;
  • An income tax rate between 35.0% to 36.0%;
  • The planned use of the remaining $122 million share repurchase authorization across the fiscal year, inclusive of refranchising proceeds; and
  • An expected quarterly cash dividend of $0.14 per share.

Earnings Conference Call

The company will host a conference call to review financial results at 5:00 PM ET this evening. The conference call can be accessed live over the phone by dialing (888) 297-0353 or (719) 325-2410 for international callers. A replay will be available one hour after the call and can be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the conference ID is 2683899. The replay will be available until Wednesday, January 11, 2017. An online replay of the conference call will be available approximately two hours after the conclusion of the live broadcast. A link to this event may be found on the company’s investor relations website at http://ir.sonicdrivein.com/.

About Sonic

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. Over more than 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated more than $5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM:SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit Limeadesforlearning.com.

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those expressed in, or underlying, these forward-looking statements are detailed in the company’s annual and quarterly report filings with the Securities and Exchange Commission. The company undertakes no obligation to publicly release revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required to be reported under the rules and regulations of the Securities and Exchange Commission.

Contact:
Corey Horsch
405-225-4800
Vice President of Investor Relations and Treasurer

Source: Sonic Corp.

The NRF Foundation announces 25 individuals named to The List of People Shaping Retail’s Future

Washington, 2017-Jan-05 — /EPR Retail News/ — The NRF Foundation today (January 4, 2017) announced the 25 individuals named to The List of People Shaping Retail’s Future. The honorees represent the best and brightest individuals impacting the retail industry and will be recognized on January 15 at the NRF Foundation Gala during Retail’s BIG Show in New York City.

“Retail is driven by millions of talented and passionate individuals who are constantly changing the industry, and The List 2017 captures the very best of people making an impact,” NRF Foundation Executive Director Ellen Davis said. “Each in their own way, this year’s honorees are shaping retail’s future and emulate the very best of what retail represents.”

Now in its third year, the Gala brings together hundreds of industry executives to honor those named to The List and award scholarships to talented students working hard to become the next generation of retail leaders. In addition to celebrating The List at the Gala, NRF will also recognize Nike Chairman, President and CEO Mark Parker as “The Visionary,” a new honor for an inspiring leader with a long record of spearheading change in the industry.

The List of People Shaping Retail’s Future 2017 include:

Disruptors:
Brad Bogolea – Co-Founder and CEO, Simbe Robotics
Anthony Bruce – Co-Founder and CEO, Applied Predictive Technologies
Christine Hunsicker – Founder and CEO, Gwynnie Bee
Dominik Richter – Founder & CEO, HelloFresh Global
Tristan Walker – Founder and CEO, Walker and Company Brands

Dreamers:
Stefanie Botelho – Founder and CEO, Fitzroy Toys
Chieh Huang – Co-Founder and CEO, Boxed Wholesale
Michelle Lam – Co-Founder and CEO, True&Co.
Kavita Shukla – Inventor and Founder, FreshPaper
Mikaila Ulmer – Founder and CEO, Me & the Bees Lemonade

Givers:
James Brett – President, West Elm
Emily Avedikian – Founder and Director, Keeps Boutique at The Gatehouse
Roslyn S. Jaffe – Co-Founder, Secretary & Director Emeritus, Ascena Retail Group
Drew Ann Long – Inventor, Caroline’s Cart
Monika Wiela – CEO and Founder, Give Back Box®

Influencers:
Lisa Clyde – Global Head of Consumer & Retail Investment Banking, Bank of America Merrill Lynch
Jason Goldberg – SVP, Content & Commerce, SapientRazorfish
David Lawenda – Vice President, Global Marketing Solutions – US, Facebook
Wendy Liebmann – Founder, CEO and Chief Shopper, WSL Strategic Retail
Phil Wahba – Senior Writer, Fortune

Power Players:
Scott Dahnke – Global Co-CEO, L Catterton
Kevin Hofmann – President, Online and Chief Marketing Officer, The Home Depot
Steven Lowy – Co-CEO, Westfield Corporation
Toni M. Miller – Senior Executive Vice President, Chief Administration Officer and Chief Financial Officer, Boscov’s Department Store, LLC
Marisa Thalberg – Chief Marketing Officer, Taco Bell Corp.

About The NRF Foundation
The NRF Foundation shapes retail’s future by building awareness of the industry through statistics and stories; developing talent through education, experiences and scholarships; and fostering career growth among people who work in retail. The NRF Foundation is the 501(c)(3) nonprofit arm of the National Retail Federation and is funded in part by generous donations from retail industry supporters. NRF.com/Foundation.

Contact:

Ana Serafin Smith
(202) 626-8189
press@nrf.com
(855) NRF-Press

Source: NRF

Immochan France CFO Benoît Chang appointed CEO of the Alliages & Territoires company

Paris, 2017-Jan-05 — /EPR Retail News/ — Benoît Chang, Chief Financial Officer at Immochan France, is appointed CEO of the Alliages & Territoires company.

Benoît Chang is now responsible for translating the ambition of the two shareholders in Alliages & Territoires, Immochan and Dalian Wanda Group to create a unique and innovative location in France, in the heart of Greater Paris: EuropaCity. With his operational and international professional experience, his mission is to lead the EuropaCity project following the public debate and thus to prepare the various administrative procedures that are involved in this new development phase.

Benoît Chang, 42, graduate of the ESCP, began his career with CEGELEC where he held various financial management positions, both internationally (Brazil and Indonesia) and in France. He then supported the development of a Parisian IT startup for two years before joining the Groupe Auchan Group 2004 as CFO, and becoming Director of Risk and Planning at ONEY bank in Portugal.

In 2009, Benoît Chang became Chief Financial Officer at Immochan France with particular responsibility for redesigning the property strategy. He has been working on the EuropaCity project since 2009 and is in the Board of the Alliages & Territoires company since 2016.

Benoît Chang, CEO of the Alliages & Territoires company states: “At a time when the digital revolution is changing all our known modes of interaction and profoundly affecting the lifestyles of men and women, EuropaCity will be the response of ambitious entrepreneurs to this new world.

It is an honour for me to participate in the creation of this major project in France that is emblematic of the Greater Paris of tomorrow.

My ambition is to make EuropaCity a unique place of original experiences, accessible to all and built on a combination of sharing, authenticity, fun and innovation.

This project will also be an opportunity to create a new economic, social, societal and environmental dynamic for North-Eastern Paris.”

EuropaCity in figures:
• 3.1 billion euros of private investment
• A new combination of leisure, culture, commerce, hotels, restaurants and green spaces
• 80 hectares within the 299 hectares of the ZAC du Triangle de Gonesse
• 10 ha parkland
• 7 ha of urban farm
• Just 24 minutes from Paris-Saint-Lazare railway station and 7 minutes from ParisCharles de Gaulle airport

About EuropaCity

EuropaCity is a new French project of national importance funded by private investment of 3.1 billion euros, initiated and supported by Alliages & Territoires, subsidiary of Immochan. From 2024, it will offer a new leisure area, open to all, between Paris and Paris-Charles de Gaulle airport. Located in the Triangle de Gonesse, as part of a public development project supported by Grand Paris Aménagement, it will combine leisure, culture, commerce, hotels and restaurants aimed all residents of the Ile de France, and national and international tourists. Its objective is to support the development of Grand Roissy, to the direct benefit of the inhabitants of the area. EuropaCity is one of the flagship projects of Greater Paris.

For more information:
Website : www.europacity.com
New website dedicated to consultation : www.construisonseuropacity.com
Twitter : @EuropaCity
Facebook : facebook.com/EuropaCity

Media Contacts:
Agence Wellcom
Audrey Houssais – ThomasAlves-Chaintreau
europacity@wellcom.fr
Tél. : +33(0)1 46 34 60

Source: EuropaCity

Chipotle launches an online tool to help customers not just count calories, but make calories count

Chipotle’s online tool helps customers meet their dietary needs in the New Year without sacrificing freshness or taste

DENVER, 2017-Jan-05 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE: CMG) announced today (Jan. 4, 2017) its New Year’s resolution: an online tool to help customers not just count calories, but make calories count. Chipotle is launching a dietary options page that shows which ingredients are right for specific individual needs, so that customers can build a specifically customized meal, no matter their dietary restrictions or preferences. Whether eating vegan, avoiding gluten or looking to pump up the protein, Chipotle’s menu has the right combination for everyone.

“Many New Year’s resolutions involve a pledge to live a more active and healthy lifestyle,” said Mark Crumpacker, chief marketing and development officer at Chipotle. “And our dietary options page can help you keep your New Year’s resolution this year. The tool makes it easy to customize your meal with fresh ingredients from our everyday menu so you can stay on track with your goals.”

To see which combinations are best for their personal health plan, customers can enter potential ingredient groupings into Chipotle’s nutrition calculator. This webpage also recommends healthy ingredient combinations, such as:

  • Chicken Salad (435 cal, 15.5g fat): Romaine lettuce, Responsibly Raised chicken, black beans, fresh mild tomato salsa and cheese (vinaigrette not included)
  • Vegetarian Salad (405 cal, 23.5g fat): Romaine lettuce, black beans, sautéed bell peppers and onions, fresh mild tomato salsa and guacamole (vinaigrette not included)
  • 3 Crispy Steak Tacos (490 cal, 21.5g fat): Crispy corn tortillas, marinated and grilled Responsibly Raised steak, fresh mild tomato salsa, cheese and romaine lettuce

For years Chipotle has been providing fresh, Responsibly Raised ingredients grown and raised with respect for farmers, animals and the environment, and now it’s making smart eating choices easy for customers, too.

Picky eaters welcome.

ABOUT CHIPOTLE

Steve Ells, Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls, and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in an interactive style allowing people to get exactly what they want. Chipotle seeks out extraordinary ingredients that are not only fresh, but that are raised responsibly, with respect for the animals, land, and people who produce them. Chipotle prepares its food using whole, unprocessed ingredients and without the use of added colors, flavors or other additives typically found in fast food. Chipotle opened with a single restaurant in Denver in 1993 and now operates more than 2,200 restaurants. For more information, visit Chipotle.com.

Contact:
Chris Arnold
303.222.5912
carnold@chipotle.com

Source: Chipotle Mexican Grill

Athleta launches Power of She campaign; features 98-year-old yogi Tao Porchon-Lynch on itS first 2017 catalog cover

PETALUMA, Calif., 2017-Jan-05 — /EPR Retail News/ — Athleta is starting 2017 with the launch of a Power of She campaign showcasing the power of women coming together to create social impact through a foundation of health and wellness.

The new campaign builds on the Power of She platform the brand launched in April 2016.  The Power of She brings to life the brand’s mission to ignite a community of active, confident women and girls to reach their limitless potential and celebrates the power of sisterhood with the mantra “Alone We Are Strong, United We Thrive.”

“Athleta stands for inclusivity,” said Athleta President Nancy Green.  “We want to break down stereotypes and help redefine perceptions of wellness and strength while celebrating the power of the female collective to make an impact.”

The centerpiece of the campaign is a collection of stories each highlighting one ‘power’ of Power of She – including positivity, potential, community and confidence:

Positivity: Tao + Terri

At 98 years old, Tao Porchon-Lynch is the world’s oldest yoga instructor whose philosophy is “there is nothing we cannot do if we harness the power within us.”  She and Dr. Terri Kennedy collaborated on a book about Tao’s life Dancing Light: The Spiritual Side of Being and travel the world together to inspire and impact the lives of women across the globe.

Potential: Audrey + Estelle + Melanie + Kimi

When Audrey ‘s daughter Estelle was born with Down syndrome, she helped create Club 21 Learning and Resource Center as a community for parents of children with Down syndrome dedicated to including people with Down syndrome in society.  She partnered with local studio Rose City Yoga, where instructors Melanie and Kimi lead classes teaching their students confidence and the power of their potential.

Community: Clancy + Kristen + Roma

This trio of athletes turned their passion for running into a way to support and bring awareness to maternal health for women around the world through Every Mother Counts (EMC).  Clancy, Kristen and Roma participate in races to raise awareness and funds to provide skilled healthcare to new and soon-to-be moms around the world.

Confidence: Kate + Ella + Alice

Kate T. Parker is a professional photographer who takes photos of girls the way they are naturally – in her words, “silly, adventurous, frustrated, happy, athletic, fierce, funny.” She has collected her photos in a new book Strong is the New Pretty (Workman Publishing; available in March) celebrating the strength and spirit of girls being 100% themselves.

“These women embody the Power of She and represent the impact each of us can have in our community and in the world,” added Green.

Each of the stories will be prominently featured in Athleta’s catalog, in its stores and across digital channels.  The brand’s Chi Blog hosts the campaign content and where Athleta has also added resources for women who are inspired by the campaign to get involved with the organizations featured.  The brand will be hosting in-store events throughout the campaign to give women and girls the chance to showcase their Power of She.

Additionally, Athleta announced that it is a member of #SeeHer, a movement to accurately portray all women and girls in media spearheaded by the Association of National Advertiser (ANA)’s Alliance for Family Entertainment.

“We are delighted to have Athleta and their new campaign ‘The Power of She’ join our #SeeHer movement.  Athleta’s portrayal of women as strong, smart, beautiful, fun and fearless is a valuable addition to our mission of championing an accurate representation of women in media.  We applaud Athleta for amplifying this important message,” said Stephen Quinn, Chairman, ANA Alliance for Family Entertainment.

In support of its goal to increase the accurate portrayal of women in media 20 percent by 2020, the group created a proprietary Gender Equality Measure, GEM™ in which ad content is compared to thousands of other ads.  In the analysis, executed by #SeeHer research partner ABX, Athleta’s 2017 Power of She launch video scored in the top 1% of approximately 10,000 ads measured for its portrayal of women and girls.

ABOUT ATHLETA

Athleta creates versatile premium performance apparel designed by women athletes to inspire a community of active, confident women and girls to reach their limitless potential. Founded in 1998, Athleta integrates performance and technical features across its collection to carry a woman through her life in motion.  In 2016 the company launched Athleta Girl mirroring its signature performance in styles for the next generation. Based in Petaluma, CA and a Gap Inc. brand (NYSE:GPS), Athleta apparel is available at its 130 retail stores across the country, through its catalog, and at www.athleta.com.

Investor information:

investor_relations@gap.com
650-952-4400

Source: Gap Inc.

PREIT announces its proactive efforts to replace Sears stores in Capital City, Magnolia and Woodland Malls

PHILADELPHIA, 2017-Jan-05 — /EPR Retail News/ — PREIT (NYSE: PEI) released comments today (Jan. 4, 2017) on its proactive effort to replace Sears and the anticipated closures of three stores in its portfolio in 2017 (Capital City, Magnolia and Woodland Malls):

“These store recaptures are an opportunity to continue to enhance the shopper experience, drive traffic and create value by executing on repositioning plans at these three market-dominant assets,” said PREIT CEO Joseph F. Coradino. “The Company has an executed lease with a fashion department store to replace Sears at Woodland Mall, providing a remarkable opportunity to enhance this premier property, and is finalizing lease documents with replacement tenants at Capital City and Magnolia Malls.  The transactions are part of PREIT’s plan to continue upgrading its properties following our aggressive portfolio disposition and repositioning program which has created a quality platform that is more compelling to retailers.”

Since 2012, PREIT has made a concerted effort to reduce its exposure to select department stores, understanding that department store rationalization is a net positive for our industry.  Through dispositions and store recaptures, PREIT has reduced the number of Sears and KMart stores in its portfolio from 27 to 11 following this announcement.

At Viewmont Mall, in Scranton, PA, construction is underway for DICK’S Sporting Goods, Field & Stream and HomeGoods to replace the former Sears store in 2017 and at Exton Square in Chester County, PA, construction continues on Whole Foods which will replace a former KMart.

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

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

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

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

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

Source:  PREIT

Macy’s appoints CBRE for the disposition of its stores that are closing

Los Angeles, 2017-Jan-05 — /EPR Retail News/ — CBRE Group Inc. announced today (January 4, 2017) that Macy’s, Inc., has appointed CBRE to help with the national disposition of a portion of the stores that Macy’s has announced it will be closing.

“This partnership brings together two industry leaders, each with more than 100 years of history,” said Jack Durburg, CBRE Chief Executive Officer, the Americas. “We are honored to assist Macy’s, a storied retailer that helped create much of the American retail landscape, as it charts its course to a future of continued retail leadership.”

The Macy’s partnership comes as CBRE has enhanced its flagship Retail Advisory & Transaction Services business line to include robust practices in several specialized sectors, including malls, urban retail and dispositions.

“CBRE has dedicated the resources and expertise to expand its dispositions business at a time when many retailers are optimizing their store portfolios to focus on their best-positioned, most-profitable operations,” said Brandon Famous, CBRE Senior Managing Director and Retail Leader, the Americas. “Helping national retailers through this intricate process requires industry knowledge, location-analytics capabilities, capital-markets resources and relationships with investors and retailers on a scale that only CBRE can provide.”

Developers, retailers and other parties potentially interested in the properties can contact Neill Kelly, CBRE’s Senior Vice President and Practice Leader of Occupier Restructuring and Disposition Services, at 631-370-6067 or neill.kelly@cbre.com. They also can visit the project web site: www.cbre.com/macys.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

MEDIA CONTACT:
Robert McGrath
Senior Director, Global Media Relations
+1 212 9848267

Source:  CBRE Group, Inc.

Stockmann finalises divestment of Hobby Hall to Finnish SGN Group

Helsinki, 2017-Jan-05 — /EPR Retail News/ — Hobby Hall’s business operations have been transferred to the new owner, the Finnish SGN Group, on 1 January 2017. The transaction was completed according to a letter of intent, announced in a stock exchange release on 28 April 2016.

The transaction price does not have a significant effect on Stockmann’s earnings, but the divestment will improve Stockmann’s profitability. Following the divestment, Stockmann is concentrating on its core businesses, which are Stockmann Retail (department stores and online store), Real Estate and Lindex.

Hobby Hall’s revenue in 2016 was approximately EUR 72 million. The operating result in 2016 will be reported as a part of Stockmann’s Financial Statements Bulletin, which will be published on 15 February 2017. As part of the transaction, approximately 150 Hobby Hall’s employees were transferred to SGN Group. Hobby Hall’s logistics and warehouse functions were transferred to Posti on 1 May 2016.

Further information:
Jukka Naulapää
Director, Legal affairs
tel. +358 9 121 3850
www.stockmanngroup.com

Source: Stockmann

Garmin adds three fēnix® 5 series watches to its line of multisport GPS wearables

Garmin adds three fēnix® 5 series watches to its line of multisport GPS wearables

 

OLATHE, Kan., 2017-Jan-05 — /EPR Retail News/ — Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today (January 4, 2017) announced fēnix 5, fēnix 5S and fēnix 5X, adding three watches designed with adventurers of all sizes in mind to its popular line of multisport GPS wearables. The fēnix 5S is lighter, sleeker and smaller than previous models – perfect for small wrists without sacrificing multisport functionality. The fēnix 5X boasts preloaded wrist-based mapping; and the compact fēnix 5, like other fēnix watches, is feature-packed and ready to take on any adventure with an all-new industrial design. All of the fēnix 5 models are 24/7 wearable with extended battery life, daily activity tracking1, Garmin Elevate™ wrist heart rate technology, and a host of connected features2. And users can easily switch between stylish leather and metal accessory bands to sporty silicone in seconds and without tools, thanks to the new QuickFit™ bands. With the new fēnix 5 lineup, users now have a watch that compliments their style and adventures.

The fēnix 5, 5S and 5X are announcing in conjunction with the Consumer Electronics Show in Las Vegas, Nev., and will be showcased at the Garmin booth #35811. Additionally, fēnix 5S has been named a CES 2017 Innovation Awards Honoree in the wearable technologies category. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, independent engineers and members of the trade media to honor outstanding design and engineering in cutting edge consumer electronics products across 28 product categories.

“After years in the wearables market, Garmin knows that athletes and adventurers come in all sizes, which is why we have designed the new line of fēnix 5 watches to fit every wrist and every workout,” said Dan Bartel, Garmin vice president of worldwide sales. “This is the first time Garmin has created a variety of sizes for one product so now users don’t have to choose between getting the features they want and wearing a watch that fits.”

Measuring 47mm, the fēnix 5 has a brand new industrial design and is more compact than previous models like the fēnix 3HR, but is still packed with multisport features. All of the new fēnix 5 models are available in a variety of colors and finishes with more accessory bands available (sold separately), which makes the new QuickFit bands a great addition. Users can mix and match between their choice of leather, metal or silicone watchbands and switch between them in seconds with no tools needed. Easier than changing clothes for different occasions, fēnix 5 users just need to swap, click and go to change out their band.

The first fēnix designed with a focus on female adventurers, the fēnix 5S is a sleek, smaller-sized watch. At 42mm, fēnix 5S is small and comfortable for petite wrists, without compromising any multisport features. Both stylish and functional, fēnix 5S is available in silver with either a white, turquoise or black silicone band with a mineral glass lens. The fēnix 5S Sapphire has a scratch-resistant sapphire lens and is available in black with a black band, champagne with a water resistant gray suede band or champagne with a metal band. The fēnix 5S Sapphire units also come with an extra silicone QuickFit band.

Preloaded with TOPO US mapping, routable cycling maps and other navigation features like Round Trip Run and Round Trip Ride, the fēnix 5X measures at 51mm. With these features, users can enter how far they’d like to run or ride, and their watch will suggest appropriate courses to choose from. Users can also get at-a-glance guidance from their fēnix 5X. During an activity, easy-to-read guidance cues for upcoming turns are displayed as banners on the watch so users are always aware of their route. Additionally, fēnix 5X users can use the Around Me map mode to see different points of interest, waypoints and other map objects within the user’s range to help users be more aware of their surroundings. Users can configure their fēnix 5X to see data overlays on mapping screens, and to see highlight key information without having to switch screens during an activity. The fēnix 5X is available with a scratch-resistant sapphire lens.

All of the new fēnix 5 models come preloaded with the full multisport toolset for running, hiking, swimming, biking and more that has made the fēnix line one of Garmin’s bestselling wearables. Whether users are on an adventure, or just in the gym, Garmin Elevate wrist heart rate technology gives users 24/7 heart rate monitoring, without needing a chest strap. In addition to the wide variety of sport profiles, all three fēnix 5 models have daily activity tracking, so users can wear their fēnix as a daily timepiece and a rugged training tool. Built-in navigation features include a 3-axis compass, gyroscope and barometric altimeter, as well as GPS and GLONASS support to track in more challenging environments than with GPS alone. Users can also keep their training stats right at their fingertips with a performance widget that shows training status, training load and more.

In addition to the multiport features, the fēnix 5, 5S and 5X boast a variety of connected features. When paired with a compatible smartphone, users can get call, text and email smart notifications right on their wrist. All fēnix 5 models are compatible with Connect IQ so users can customize their watch with apps, widgets, data fields and watch faces. To take watch faces one step further, fēnix 5 watches are compatible with the Face It app, so users can set their favorite photo as their watch face. Sapphire models are Wi-Fi® Enabled, so users can connect their watch to their home network for automatic uploads to Garmin Connect™ when within range.

Each of the new fēnix 5 models is water rated to 100 meters3, and is built to withstand the elements with a stainless steel bezel, buttons and rear case. The fēnix 5 can get up to two weeks of battery life in smartwatch mode and 24 hours in GPS mode. The fēnix 5X can get up to 12 days of battery life in smartwatch mode and 20 hours in GPS mode. The fēnix 5S can get up to eight days in smartwatch mode and up to 13 hours in GPS mode.4 Users can also take advantage of the UltraTrac™ power saver mode to extend battery life even more.

The fēnix 5, 5S and 5x will be available in Q1 2017. The fēnix 5 and fēnix 5S will have a suggested retail price of $599.99; the fēnix 5 Sapphire, fēnix 5S Sapphire and fēnix 5X will have a suggested retail price of $699.99. To learn more, visit garmin.com/fenix.

The fēnix 5 is the latest solution from Garmin’s expanding outdoor segment, which focuses on developing technologies and innovations to enhance users’ outdoor experiences. Whether hiking, hunting, geocaching, golfing, or using satellite communication, Garmin outdoor devices are becoming essential tools for outdoor enthusiasts of all levels. For more information about Garmin’s other outdoor products and services, go to http://www.garmin.com/outdoors, www.garmin.blogs.com and http://twitter.com/garmin.

For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin’s virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.

1 See Garmin.com/ataccuracy for more details.
2 When paired with compatible smartphone. See Garmin.com/ble for more details.
3 See Garmin.com/waterrating for more details.
4 Depending on settings.

About Garmin

Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and fēnix are registered trademarks, and Garmin Elevate, QuickFit, UltraTrac and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. Wi-Fi is a registered trademark of the Wi-Fi Alliance.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 26, 2015, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact:
Maddie Estrada
913-397-8200
media.relations@garmin.com

Source: Garmin International Inc.

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Popeyes Louisiana Kitchen, Inc. to present at the 19th Annual ICR Conference in Orlando on January 11, 2017

ATLANTA, 2017-Jan-05 — /EPR Retail News/ — Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), announced today (Jan 3, 2017) that the Company will present at the 19th Annual ICR Conference in Orlando on Wednesday, January 11, 2017 at 11:00 A.M. ET.

All interested parties are invited to listen to this live presentation by visiting the investor section of the Company’s website at www.popeyes.com/investors. A replay of this webcast will be available on the site for 90 days following the conclusion of the conference.

Corporate Profile

Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world’s second-largest Quick-Service Restaurant (“QSR”) chicken concept based on 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. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

Investor Inquiries:
Anita Booe
404-459-4665
Investor Relations
Anita.Booe@popeyes.com

Media Inquiries:
Renee Kopkowski
404-459-4630
Vice President, Brand Communications
renee.kopkowski@popeyes.com

Source: Popeyes Louisiana Kitchen, Inc.

Express, Inc. to present at the 19th Annual ICR Conference on January 10, 2017 in Orlando, Florida

COLUMBUS, Ohio, 2017-Jan-05 — /EPR Retail News/ — Express, Inc. (NYSE:EXPR), a specialty retail apparel company, today (Jan. 4, 2017) announced that the Company will present at the 19th Annual ICR Conference held at the JW Marriott Orlando Grande Lakes in Orlando, Florida on Tuesday, January 10, 2017 at 4:00 p.m. Eastern Time. The presentation will be hosted by David Kornberg, president and chief executive officer and Perry Pericleous, senior vice president and chief financial officer, and will also be webcast live and available for replay for 30 days at www.express.com/investor.

About Express, Inc.:

Express is a specialty apparel and accessories retailer of women’s and men’s merchandise, targeting the 20 to 30- year-old customer. Express has more than 35 years of experience offering a distinct combination of fashion and quality for multiple lifestyle occasions at an attractive value addressing fashion needs across work, casual, jeanswear, and going-out occasions. The Company currently operates more than 650 retail and factory outlet stores, located primarily in high-traffic shopping malls, lifestyle centers, and street locations across the United States, Canada, and Puerto Rico. Express merchandise is also available at franchise locations in Latin America. Express also markets and sells its products through its e-commerce website, www.express.com, as well as on its mobile app.

Investors Contact:
Express, Inc.
Mark Rupe
614-474-4465
VP Investor Relations

ICR, Inc.
Allison Malkin
203-682-8225

Media Contact:
Express, Inc.
Robin Hoffman
614-474-4834
Director of Communications

Source: Express, Inc.

Barnes & Noble offers educators special discounts to celebrate Educator Appreciation Days from January 7-15, 2017

  • Special Discounts Including 25% Off Most Merchandise, Events, Giveaways and the Opportunity to Enter for a Chance to Win Prizes
  •  Educators Can Enter for a Chance to Win a Selection of Books from Sterling Publishing for the Classroom, Valued at Approximately $4,000

New York, NY, 2017-Jan-05 — /EPR Retail News/ — To celebrate pre-K-12 educators, Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, will kick off the second half of the school year and celebrate Educator Appreciation Days from Saturday, January 7, through Sunday, January 15. During Educator Appreciation Days, Barnes & Noble will offer Educators special discounts* including 25% off most merchandise like books, toys and games, various events including free workshops and educator receptions**, limited-time giveaways, while supplies last***, and the chance to win a selection of books from Sterling Publishing perfect for the classroom, valued at approximately $4, 000.

The number and type of books selected by Sterling Publishing will be in accordance with the winner’s subject matter and the grade level he or she teaches. From their Classic Starts™ series to “No Fear Shakespeare” and the Flash Kids line, Sterling Publishing offers a variety of high-quality titles that fit perfectly into the education space for every age group.

To enter for a chance to win the Sterling Publishing sweepstakes, educators should visit their local Barnes & Noble store and ask a bookseller how to enter from Saturday, January 7, through Sunday, January 15. To find their local Barnes & Noble store, customers should visit www.bn.com/storelocator.

Special Discounts  

As always during Educator Appreciation Days, public, private and homeschool educators who shop at their local Barnes & Noble store or online at BN.com with their educator discount card will receive special discounts on merchandise in addition to giveaways, including:

  • 25% off the list price on personal and classroom books, toys, games, music, movies and more;
  • 10% off the list price on Café consumables, select tech tools to help bring tech literacy to classrooms, and select NOOK devices****;
  • Giveaways including a STEM calendar from DK Publishing (20-25 per store, while supplies last).

These special offers are available to pre-K-12 teachers and administrators enrolled in the free Barnes & Noble Educator Discount program. To take advantage of these offers, educators can apply for their Barnes & Noble Educator Discount Card in their local stores. The application form can also be downloaded at BN.com.

Workshops and Educator Receptions

As part of Educator Appreciation Days, all Barnes & Noble stores will host free workshops and/or educator receptions, which will vary by store.  Examples of workshops could include “Cultural Responsiveness,” “A Framework for Math” and “The Reading Makeover” workshops developed exclusively for Barnes & Noble by Shell Education, tech/Maker tools demonstrations, grant writing workshops, and more. Educators are encouraged to visit their local store or visit www.bn.com/storelocator for more information.

*Certain restrictions apply. Educator Discount Card must be presented at time of purchase. Discounts cannot be applied to or combined with any other Barnes & Noble discount programs, NOOK Books® or other digital content, or accessories for digital devices.

**Workshop and event topics will vary by store.

***While supplies last.

****Additional 10% taken off price after instant rebate. Limit 5 devices per customer. Discount is valid January 7, 2017, through January 15, 2017, only. This offer is subject to change or discontinuation without notice. Void where prohibited by law.

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.

Barnes & Noble announces the start of the 2017 “Barnes & Noble My Favorite Teacher Contest”

  • Once Again, Middle & High School Students Can Nominate Their Teachers for National, Regional and Local Awards
  • National Winner and Their School to Split $10,000 in Cash Prizes and More
  • Hundreds of Stores Nationwide to Honor Local Winners

New York, New York, 2017-Jan-05 — /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, today ( January 4, 2017 ) announced the start of the 2017 “Barnes & Noble My Favorite Teacher Contest,” which for the past seven years has provided middle and high school students the opportunity to tell their communities how much they appreciate their teachers.

Students can nominate their teacher by writing essays, poems or thank-you letters that share how their teacher has influenced their life and why they appreciate and admire them.  Participating schools collect the essays and submit them to their local Barnes & Noble store for consideration. Entries are judged on the compelling nature of the teacher’s inspiring qualities, the sincerity of the student’s appreciation and the quality of expression and writing.

The local winning teacher will be recognized in spring 2017 at an event held at their local Barnes & Noble store, where they will receive a special award acknowledging their achievement as well as additional recognition and praise from their community. The student who wrote the winning essay or poem will receive a certificate of recognition and will also be honored at the ceremony.

Teachers from grades 1 through 12 are eligible for nomination. Awards for winning teachers, schools and students include cash prizes, NOOK® devices and more. The contest is broken down into local and regional winners, from which the “Barnes & Noble National Teacher of the Year” will be chosen.

Each regional winner will receive a $500 Barnes & Noble gift card and a NOOK by Samsung device.   From the pool of regional winners, Barnes & Noble will name one teacher the “Barnes & Noble National Teacher of the Year.” The winning teacher will receive $5,000 and the title of “Barnes & Noble National Teacher of the Year.” The national winner will be recognized at a special community celebration at their local Barnes & Noble store, and the winning teacher’s school will receive $5,000. The student who writes the national winning essay, poem or thank-you letter will win a $500 Barnes & Noble gift card and a NOOK.

Last year’s winner, Carrie Martin, a second grade teacher from Evers Park Elementary School in Denton, TX, had this to say about winning: “I would like to thank Barnes & Noble. It’s awesome to have been selected as the 2016 Barnes & Noble National Teacher of the Year, but there is nothing different about me than any teacher.” Mrs. Martin was nominated by her former student, high school senior TiAnna Bridges-Reed, and was chosen from more than 10,000 entries at Barnes & Noble stores nationwide. Carrie added, “We all teach because we love children and because it’s what we are called to do. There are a lot of great teachers in our nation. This could have been any of them. I believe teaching is the greatest profession there is—and we all need to thank our teachers. Sometimes people don’t understand how much that means to us as teachers just to have a student say, ‘Hey, you know you’re the greatest,’ even 10 years later.”

Barnes & Noble has long supported teachers through Educator Appreciation Weeks, special discounts, personalized service, in-store events, bookfairs, store tours for classrooms, and, since 2011, through the My Favorite Teacher Contest.

“Teachers play such an important role in the lives of children and in our communities and deserve recognition,” said Tracy Vidakovich, Vice President, Business Development for Barnes & Noble. “The My Favorite Teacher Contest is loved by our booksellers because bookstores and schools are both places of learning and aspiration—and the contest has such an impact on students and teachers. There’s rarely a dry eye in the audience during a My Favorite Teacher event at Barnes & Noble.”

The Barnes & Noble My Favorite Teacher Contest submission period begins January 4, 2017, and ends March 1, 2017. Students who want to participate must submit their essay or poem to their local Barnes & Noble store by March 1. Only middle and high school students and active teachers employed in elementary, middle or high schools in the United States are eligible to win.  More details on the contest rules, and photos and the winning essay from the 2016 Contest, can be found at www.bn.com/myfavoriteteacher.

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.

The Gourmet Group moves headquarters to Enterprise City at DurhamGate development owned and managed by LCP

London, 2017-Jan-05 — /EPR Retail News/ — A gourmet food importer and exporter has unveiled tasty expansion plans after opening new headquarters in Durham.

The Gourmet Group, which imports food from Spain, Italy and France, has moved from two small offices in Newcastle-upon-Tyne and Manchester to two units – 3,149 sq ft and 1,500 sq ft – at Enterprise City, Spennymoor, part of the DurhamGate development.

The new head office will also act as the company’s main distribution point, enabling it to undertake its own logistics and warehousing programmes.

The units, which are owned and managed by London and Cambridge Properties (LCP), include a new office and the company, which also exports British foods and drinks –  particularly craft beers, ciders and gins – to France, Italy and Spain, has also built cold-rooms to store correctly the products.

John Targas, who owns the Gourmet Group (www.groupgourmet.co.uk) , the trading arm of the business, and sister company Gourmet Options, which distributes new food products to the catering industry, said: “This is a big step up for us, especially for the Gourmet Options brand, which we are now looking to expand further with new imported brands and also ranges that we can create ourselves for the restaurant and hotel sectors.

“Our products are distributed mainly to companies based in the north of England and the south of Scotland, so having our base at Spennymoor is a good location for us because it is just a couple of minutes from the A1.”

The move has also enabled the company to double its workforce from three to six.

Tony Spence, LCP regional estate manager, said: “We worked closely with the Gourmet Group when it started to look for new premises to ensure we could accommodate its needs and we’re pleased that it is now able to expand and take on new staff.”

Enterprise City is the largest mixed-use regeneration scheme in the North East of England. It is a 300,000 sq ft secure and popular business location offering a mix of industrial, warehouse and office accommodation for a wide range of businesses.

The estate benefits from 24hr CCTV estate security, free car parking and an onsite management team.

There are more than 30 tenants that span industrial, commercial and technological activities, including Boots the Chemist, Durham Police, Just Sport (Group) Ltd and the NHS Primary Care Trust.

Media Enquiries:

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

Source: London and Cambridge Properties

Dunkin’ Donuts adds the Americano to its variety of premium, specially crafted coffees and espressos

Dunkin’ Donuts adds the Americano to its variety of premium, specially crafted coffees and espressos

 

Kick off 2017 with the new Winter Frosted Donut and cool offers throughout January

CANTON, MA, 2017-Jan-05 — /EPR Retail News/ — The New Year brings a new espresso beverage choice to keep Dunkin’ Donuts guests energized throughout 2017. Dunkin’ Donuts today (January 3, 2017) unveiled the Americano as a new, permanent addition to its variety of premium, specially crafted coffees and espressos, joining a lineup that includes lattes, macchiatos, Cold Brew coffee and more.  Available now at participating Dunkin’ Donuts restaurants nationwide, the Americano is served hot and combines two shots of Dunkin’ Donuts’ 100% Rainforest Alliance Certified espresso with hot water, creating a bold beverage with a rich, robust flavor.

According to Jeff Miller, Dunkin’ Brands’ Executive Chef and Vice President of Product Innovation, “Americano offers a perfect beverage to begin a new year, bringing forward the pure flavor of Dunkin’ Donuts espresso featuring notes of caramel and chocolate. As our brand continues to expand our variety of premium, specially crafted coffees and espresso choices, we believe Americano will resonate with guests seeking new, innovative beverages to get going and keep going each day.”

With the 2017 Bridgestone NHL Winter Classic® on January 2, Dunkin’ Donuts became the official U.S. coffee, donut and breakfast sandwich of the NHL®. What better time for the brand to introduce the Winter Frosted Donut, a sweet winter treat to enjoy with any coffee beverage. Sure to score with donut lovers, the cool new Winter Frosted Donut features a yeast ring donut with winter blue colored icing and drizzled with white icing. It is available at participating Dunkin’ Donuts restaurants nationwide for a limited time.

Dunkin’ Donuts is kicking off 2017 with a couple of cool offers for members of its DD Perks® Rewards Program, as all throughout January, new members who enroll into DD Perks with the Promo Code NEWYEAR will earn triple points on purchases when they pay with their enrolled DD card.  And, beginning on January 16 through January 29, DD Perks members will receive 30 bonus points with each purchase of any size Americano. With the DD Perks Rewards program, guests earn points towards free beverages with each purchase of Dunkin’ coffee, espressos, sandwiches and more. To enroll in DD Perks and for complete details about the program, visit www.DDPerks.com.

Finally, January is National Hot Tea Month, and Dunkin’ Donuts has several comforting choices for enjoying a hot cup with its lineup of premium hot teas, available in five vibrant flavors. Served in pyramid tea sachets containing high-quality full leaf teas and herbal infusions for the optimal steep, the new premium hot tea lineup, introduced in November, offers both caffeinated and caffeine-free options, including Bold Breakfast Black™ Tea, Harmony Leaf Green™ Tea, Chamomile Fields™ Herbal Infusion, Hibiscus Kiss™ Herbal Infusion and Cool Mint Herbal Infusion. Guests can also savor these premium teas at home or work, as each flavor can be purchased in boxes containing 15 individually-wrapped pyramid tea sachets at the suggested retail price of $6.99 at participating Dunkin’ Donuts restaurants.

To learn more about Dunkin’ Donuts, visit www.DunkinDonuts.com or follow us on Facebook (www.facebook.com/DunkinDonuts), Instagram (www.instagram.com/DunkinDonuts) and Twitter (www.twitter.com/DunkinDonuts).

About Dunkin’ Donuts

Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned a No. 1 ranking for customer loyalty in the coffee category by Brand Keys for 10 years running. The company has more than 12,000 restaurants in 45 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

Contacts:

Lindsay Cronin
Dunkin’ Brands
781-737-5200
Lindsay.Cronin@dunkinbrands.com

Source:  Dunkin’ Donuts

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Baskin-Robbins launches new Warm Lava Cake Sundaes

Baskin-Robbins launches new Warm Lava Cake Sundaes

 

Baskin-Robbins Brings Back Superfudge Truffle as its January Flavor of the Month

CANTON, Mass., 2017-Jan-05 — /EPR Retail News/ — It may be cold outside, but it will be warm inside Baskin-Robbins locations nationwide this month with the launch of new Warm Lava Cake Sundaes. The latest addition to Baskin-Robbins’ warm dessert lineup, the new Warm Lava Cake Sundae features rich chocolate cake with a warm chocolate center, topped with a scoop of ice cream, hot fudge, whipped cream, almonds and a cherry.

The new Warm Lava Cake Sundae can be customized with a guest’s favorite ice cream flavor, including the January Flavor of the Month, Superfudge Truffle, which is a deliciously decadent classic ice cream flavor that features rich chocolate fudge ice cream loaded with toffee truffle and chocolate truffle pieces.

“We’re so excited to ring in the New Year with our guests by providing them with a new treat to help them warm up during the colder winter months,” said Jeff Miller, Executive Chef and Vice President of Product Innovation for Dunkin’ Brands. “Our Warm Lava Cake Sundaes provide our guests with the best of both worlds – a rich, warm chocolate lava cake combined with delicious, cool ice cream that’s completely customizable with a guest’s favorite ice cream flavor and toppings.”

In addition to the new Warm Lava Cake Sundaes, Baskin-Robbins’ warm dessert lineup also includes Warm Cookie Ice Cream Sandwiches and Warm Cookie Sundaes, as well as Warm Brownie Sundaes. Baskin-Robbins’ Warm Cookie Ice Cream Sandwiches and Sundaes can be personalized with a guest’s choice of ice cream flavor, topping and warm cookies, including a new Love Potion #31® Cookie that will be available for a limited time only. Inspired by Baskin-Robbins’ classic Love Potion #31® ice cream, the delicious chocolate cookie with white chocolate and raspberry chips pairs perfectly with Love Potion #31® ice cream. Additional chewy, warmed to order cookie options include Dark Chocolate Chunk, Double Fudge, Peanut Butter Chocolate and White Chunk Macadamia Nut Cookies.

Finally, another dessert option perfect for any day of the week this January is Baskin-Robbins’ new Love Potion #31® Polar Pizza™ ice cream treat, which is made with a Double Fudge Brownie crust topped with Love Potion #31® ice cream, OREO® Cookie pieces, marshmallow topping, hot fudge and heart quins. The new Polar Pizza variety is available at participating Baskin-Robbins shops nationwide for a limited time.

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.

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, a full range of beverages, and a delicious lineup of desserts including custom ice cream cakes, Polar Pizza™ Ice Cream Treats and take-home ice cream quarts and pints, 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

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Staples Survey revealed optimism among small business owners as they kick off 2017

Majority Believe Business Tax Reform Should be Top Priority in 2017

FRAMINGHAM, Mass., 2017-Jan-05 — /EPR Retail News/ — On the heels of an unprecedented year, the Staples National Small Business Survey (NASDAQ: SPLS) has revealed optimism among small business owners as they kick off 2017. The survey, commissioned by Staples and conducted by Wakefield Research, discovered that 85% of American small business owners are “optimistic” about the small business climate in the new year, while 67% think business tax reform should be the top policy priority for 2017.

Signaling further short- and long-term positivity, 67% of respondents plan to hire employees in 2017, while 91% would be likely to encourage their children to start their own business given the current state of the small business environment.

Staples fielded the survey to explore the outlook of small business owners across the country as they gear up for success in the year ahead. Additional results include:

  • 97% of small business owners plan to increase investment in their companies in 2017
  • 72% plan to increase staff compensation in 2017
  • 93% believe running your own business is the best kind of job satisfaction there is

“We’ve been a small business champion for more than 30 years, and are pleased that small business owners are hopeful and confident as we head into the new year,” said Frank P. Bifulco, Jr., executive vice president global marketing, Staples. “We conducted the survey to better understand the pulse of small business owners and to further identify those priority product and service areas in which we can help our customers achieve success in 2017.”

To help small business owners both in-stores and at Staples.com, Staples Print and Marketing Services offers everything from business cards and logo design to marketing materials and signage. Additionally, the Staples Small Business Hub is a resource with expert tips, information and industry advice.

Survey Methodology
This 2017 small business survey was designed by Staples and conducted online by Wakefield Research, among 502 U.S. small businesses owners, from December 14 to December 21, 2016. For the purpose of this survey, small businesses owners were defined as those who had up to 10 full-time employees.

About Staples, Inc.
Staples helps small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online, via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates throughout North and South America, Europe, Asia, Australia and New Zealand. More information about Staples(NASDAQ: SPLS) is available at www.staples.com.

Contact:
Carrie McElwee
508-253-1405
Carrie.McElwee@Staples.com

Source: Staples, Inc.

SPAR Hungary opens its first recruitment office located at SPAR Supermarket in Nyugati Square

Budapest, Hungary, 2017-Jan-05 — /EPR Retail News/ — SPAR Hungary has opened its first recruitment office, located at the SPAR Supermarket in Nyugati Square, one of Budapest’s three main railway terminals. As one of the largest employers in the country, SPAR decided to open the office in order to establish direct contact with jobseekers.

This is a unique initiative in the Hungarian retail market, allowing the business to directly and effectively reach potential employees. Two HR experts are on hand at the office in the SPAR store, ready to meet interested candidates, providing them with information and answering any questions they may have before following the formal application process or having a job interview.

If the pilot proves successful, SPAR Hungary will look at opening more of these offices around the country. As a family enterprise creating value, SPAR has long-term plans in Hungary. They are constantly opening and developing stores and are therefore always in need of trustworthy and motivated colleagues. SPAR Hungary is an attractive employer, offering a good atmosphere, predictable future and competitive wages and benefits.

SPAR Hungary is always on the lookout for shop assistants, cashiers, shelf stackers, kitchen helpers, cooks, butchers and heads of departments. The business puts a great deal of emphasis on employee training and skills development, and encourages applicants with a positive mind-set who are interested in the retail trade.

With close to 500 stores across the country, SPAR Hungary currently employs 13, 000 people.

Contact:

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

Source: Spar International

hhgregg announces the appointment of Aaron Trahan as Chief Merchandising Officer

INDIANAPOLIS, 2017-Jan-05 — /EPR Retail News/ — hhgregg (NYSE:HGG) today (January 3, 2017) announced that Aaron Trahan has been appointed Chief Merchandising Officer.

Mr. Trahan has over 14 years of retail merchandising experience, including 10 years in a merchandising leadership role. Prior to joining hhgregg, Mr. Trahan served as Vice President of Merchandising at Conn’s Home Plus, where he was responsible for providing strong direction for process improvement, assortment optimization and profit maximization for their major appliance, consumer electronics and furniture and mattress categories. Prior to that, he held the roles of Senior Director and Director of Merchandising, Senior Buyer of Consumer Electronics and Buyer of Home Office and Appliance categories.

“As we shift our focus to expanding our furniture business in 2017, Aaron’s unique background and expertise will be a huge asset in helping to drive the future growth and success of hhgregg,” said Robert Riesbeck, President and CEO of hhgregg. “We are excited to add Aaron’s leadership in appliances, electronics and furniture merchandising to our executive team and look forward to the contributions he is sure to make.”

About hhgregg

hhgregg is an appliance, electronics and furniture retailer that is committed to providing customers with a truly differentiated purchase experience through superior customer service, knowledgeable sales associates and the highest quality product selections. Founded in 1955, hhgregg is a multi-regional retailer currently with 220 stores in 19 states that also offers market-leading global and local brands at value prices nationwide via hhgregg.com.

Contact:
Lance Peterson
VP, Finance and Planning
(317) 848-8710
investorrelations@hhgregg.com

Chantal Kowalski
Communications Manager
(317) 561-7022
Chantal.Kowalski@hhgregg.com

Source: hhgregg

Sears Holdings Corporation enters into $500 million secured loan facility maturing in July 2020

HOFFMAN ESTATES, Ill., 2017-Jan-05 — /EPR Retail News/ — Sears Holdings Corporation (the “Company”) (NASDAQ: SHLD) announced today (Jan. 4, 2017) that certain of its subsidiaries (the “Borrowers”) have entered into a $500 million committed secured loan facility (the “Loan Facility”) maturing in July 2020. $321 million was funded under the Loan Facility today and up to an additional $179 million may be drawn by the Borrowers in the future.

The Loan Facility is secured by mortgages on 46 real properties owned by the Company’s subsidiaries and will be secured by additional real properties if the remaining $179 million loan commitment is drawn. The Loan Facility bears interest at a rate of 8% per annum and is guaranteed by the Company. The Loan Facility is intended to provide the Company with additional liquidity to fund its operations while it initiates a process to market and sell a portfolio of its real estate assets, the proceeds of which would primarily be used to repay outstanding indebtedness.”This Loan Facility will provide Sears Holdings with additional financial flexibility and support our operations as we meet all of our financial obligations,” said Jason M. Hollar, Sears Holdings’ chief financial officer.

Entities affiliated with ESL Investments, Inc. are the lenders under the Loan Facility. Edward S. Lampert, the Company’s Chief Executive Officer and Chairman, controls ESL Investments, Inc.
The terms of the Loan Facility were approved by the Related Party Transactions Subcommittee of the Board of Directors of the Company, with advice from Centerview Partners and Weil Gotshal & Manges, the Subcommittee’s outside financial and legal advisors.

Forward-Looking Statements
This press release contains forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements about our intention and ability to obtain the remaining $179 million in advances contemplated by the Loan Facility and our intention to market and sell real properties and repay outstanding indebtedness. Forward-looking statements are subject to risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Such statements are based upon the current beliefs and expectations of our management and are subject to significant risks and uncertainties. Factors that could cause actual results to differ from those set forth in the forward-looking statements include, but are not limited to, those discussed in this release and those discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. We intend the forward-looking statements to speak only as of the time made and do not undertake to update or revise them as more information becomes available, except as required by law.

About Sears Holdings Corporation

Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve our members – wherever, whenever and however they want to shop. Sears Holdings is home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears and Kmart as well as with other retail partners across categories important to them. The Company operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States. For more information, visit www.searsholdings.com.

NEWS MEDIA CONTACT:
Sears Holdings Public Relations
(847) 286-8371

SOURCE: Sears Holdings Corporation

LuLu Group opens new hypermarket at Al Messila in Doha

Abu Dhabi, UAE, 2017-Jan-05 — /EPR Retail News/ — LuLu Group has opened a new outlet in Qatar at Al Messila in Doha. The new hypermarket, located near Fariq bin Omran was inaugurated by the Chairman of Qatar Chamber of Commerce and Industry, Sheikh Khalifa bin Jassem bin Mohammed al-Thani. Prominent entrepreneurs of Qatar, Sheikh Khaled bin Hassan al-Thani, Hussain Alfardan, Ali Hussain Alfardan, Deputy Group President & CEO–Mena of Qatar Insurance Company Salem Khalaf al-Mannai, Ashraf Abou Issa, Nabeel Abou Issa, Ghanem al- Kubaisi, along with the CEO of Doha Bank, Group, R Seetharaman and the Indian Ambassador Periyaswamy Kumaran were present for the occasion. They were also joined by envoys and many senior diplomats serving in Qatar along with several high ranking officials from various government departments and other representatives from local business communities.

The Chariman for LuLu Group, Yussuffali MA, CEO Saifee Rupawala, Director Mohammed Althaf and other senior executives of LuLu Group were among the others present at the event along with a large number of residents. The hypermarket which is the 132nd such venture by the group is spread over an area of about 150,000 sq.ft. The place will serve the residents of Al Messila and its surrounding areas with ample car parking services and easy access.

Speaking at the event, Mr. Yussuffali MA said, “We are happy to unveil our latest hypermarket in Qatar which will bring world class shopping nearer to people. Our main emphasis is on showcasing the biggest range of ‘free from’ products such as gluten-free, lacto-free, suagr-free and fat-free which have been specially flown in from our own sourcing offices in the UK, US, Brazil and Far East. The excitement surrounding the opening has been building among the residents of the region for several months, and we believe this store will be as popular with shoppers as our other existing stores.”

The new hypermarket showcases a fresh food section which consists of a wide range of fruits, vegetables, dairy products, poultry, meat, fish along with a hot food and bakery section. There is also a large area which focuses on the department store that includes garments, electronics, IT products, stationary and home appliances. The hypermarket will also feature a wide variety of world-class brands and product lines at the ‘fairest ‘prices. The hypermarket is tailored to meet the needs of modern day shoppers, thanks to the world class interiors and well planned retail floor layout which gives importance to customer convenience.

“We are very excited about the economic stability and growth prospects of Qatar, under the visionary leadership of HH the Emir Sheikh Tamim bin Hamad al-Thani and we are fully committed to play our role in the further development of this great country,” Mr. Yussuffali added.

“LuLu Group has always been a one-stop shop for the multi-ethnic community in the region with an international assortment of products which cater to the tastes and preferences of every shopper. Knowing the customer’s needs and providing them with quality products at reasonable prices has always remained the secret behind the success of the group across the globe.” A spokesperson added here at the event.

Contact:

Tel: +971 2 4182000
Fax: +971 2 6421716
headoffice@ae.lulumea.com marketing@ae.lulumea.com

###

LuLu Group opens new hypermarket at Al Messila in Doha

 

Source: LuLu Group

First Starbucks® Single-origin Yunnan coffee launches in China

First Starbucks® Single-origin Yunnan coffee launches in China

 

SHANGHAI, China, 2017-Jan-05 — /EPR Retail News/ — Starbucks Coffee Company (NASDAQ: SBUX) today (January 3, 2017) launched its first Starbucks® Single-origin Yunnan coffee to usher in the New Year in China. Available for a limited time across all Starbucks retail locations in Mainland China, the new Starbucks® Single-origin Yunnan coffee pays tribute to four years of close collaboration between the Starbucks China Farmer Support Center and local coffee farmers in Pu’er, Yunnan Province. The introduction of the Starbucks® Single-origin Yunnan coffee, which features 100 percent arabica coffee from the region, signifies an important step forward to completing the Starbucks China supply-chain, delivering premium coffee from bean to cup.

“The Starbucks Yunnan Coffee Project is about creating a positive impact on the local coffee farming communities and we are thrilled to bring this vision to life with the launch of the Starbucks® Single-origin Yunnan coffee, especially at the beginning of the New Year,” said Belinda Wong, ceo, Starbucks China. “We will continue to build on the strong foundations established by the Starbucks China Farmer Support Center to deepen our partnership with local farmers and to develop even more localized, high-quality coffee that can be celebrated and enjoyed in Starbucks stores across China and globally.”

Located at the same latitude as other renowned coffee-producing regions, such as Colombia and Jamaica, Pu’er is the coffee capital of China. The distinctive packaging of the Starbucks® Single-origin Yunnan coffee is inspired by its sub-tropical landscape, which is home to soaring mountains, running creeks, and vibrant coffee and tea plantations.

“Over the past few years, we have been extremely humbled by how the local Pu’er coffee farming community has embraced us as part of their extended family,” said Alan Tong, director, Starbucks Farmer Support Center. “The Starbucks® Single-origin Yunnan coffee is the fruits of labour for many local farmers and I am very excited that we are able to share them with our customers in China. This medium-roasted coffee is rich, multidimensional and consistently captures the unique flavors of Yunnan in a Starbucks cup – herbal notes, balanced acidity, and a smooth and elegant mouthfeel.”

Yunnan plays an important strategic role in Starbucks growth in China. In 2012, Starbucks established its first Asia-based Starbucks Farmer Support Center in Pu’er with the aspiration to help improve the quality of Yunnan coffee and to share it with the world. Over the past four years, the Starbucks Farmer Support Center has trained nearly 10,000 farmers in Yunnan province on sustainable farming practices. It has also certified over 1,200 farms, covering nearly 11,000 hectares of land, through the company’s Coffee and Farmer Equity (C.A.F.E.) Practices, which ensures high-quality coffee that is grown in a socially and environmentally responsible manner. In the 12 months between 2015 and 2016 alone, the Starbucks Farmer Support Center has certified 576 farms.

Starbucks has a long history of collaboration with Yunnan coffee farmers. In early 2009, as part of the Starbucks 10th Anniversary celebrations in China, the company launched the Starbucks® South of the Clouds Blend®, featuring high-quality Yunnan arabica coffee beans. With firm support from the local and provincial governments, the Starbucks® South of the Clouds Blend® is now available in Starbucks stores in numerous locations across Asia and the United States.

Media contact:

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

Source: Starbucks

###

Amazon announces 2 billion items delivered by Fulfillment by Amazon service for Marketplace sellers worldwide in 2016

  • FBA items shipped worldwide grew more than 50 percent during the holiday season
  • Thousands of sellers worldwide joined the Seller Fulfilled Prime program
  • Sellers worldwide received orders for more than 28 million items on Cyber Monday

SEATTLE, 2017-Jan-05 — /EPR Retail News/ — Amazon today (Jan. 4, 2017) announced the Fulfillment by Amazon (FBA) service delivered more than 2 billion items for Marketplace sellers worldwide in 2016. The Amazon Marketplace creates opportunities for sellers, brand owners and entrepreneurs to reach customers around the world. FBA items shipped worldwide grew more than 50 percent during the holiday season, while Prime members ordered millions of items from sellers in the Seller Fulfilled Prime program offering free two-day or next-day shipping.

“2016 was a record-breaking year in sales worldwide for sellers on Amazon. The Amazon Marketplace empowers brand owners and retailers of all sizes, many of them small businesses, to reach customers around the world,” said Peter Faricy, VP for Amazon Marketplace. “In fact, according to our economic studies, sellers have created over 600,000 new jobs outside of Amazon. Sellers are choosing Amazon because we help them build and grow their businesses with impactful programs like Seller Fulfilled Prime, and we’re proud of the fact that sellers are reinvesting their success into their local communities by creating jobs.”

“As a growing business and brand owner, the Amazon Exclusives and FBA programs helped us accelerate our business to achieve more than 100 percent growth in sales this year,” said Ben Arneberg, co-founder of Willow & Everett. “The FBA service handles the work of packaging and shipping orders to customers, which gives us the time to create new products that customers will love. We had our most successful Black Friday and Cyber Monday ever, and on Prime Day earlier in the year our sales boomed more than 10x compared to last year.”

2016 Selling on Amazon Milestones:

Marketplace and FBA

  • FBA delivered more than 2 billion items worldwide.
  • Active sellers worldwide using the FBA service grew more than 70 percent.
  • Outside the U.S., FBA units shipped grew more than 80 percent.
  • Using the FBA service, Amazon sellers from more than 130 different countries around the world fulfilled orders to customers in 185 countries.
  • The Seller Fulfilled Prime program added more than 6 million new items that are now Prime eligible across the U.S., U.K., France, Germanyand Japan.
  • Sellers on Amazon that reached $100K in sales grew by 30 percent.
  • Sellers worldwide have created more than 600,000 new jobs outside of Amazon.

Holiday Season

  • Sellers worldwide received orders for more than 28 million items on Cyber Monday.
  • FBA items shipped worldwide grew more than 50 percent year-over-year during the holiday season.
  • Prime members worldwide ordered millions of items from sellers in the Seller Fulfilled Prime program offering free two-day or next-day shipping.

Sponsored Products

  • Sponsored Products clicks worldwide grew by more than 150 percent driven by expansion of advertising placements on desktop and mobile sites.
  • The number of sellers worldwide using Sponsored Products grew more than 100 percent.
  • Sponsored Products introduced a new and convenient payment method, Unified Billing, which allows Sellers to deduct their advertising spend from sales proceeds.

Category Growth

  • Amazon Business (www.amazon.com/business) generated more than $1 billion in sales in its first year, with sellers receiving over half of the orders. Amazon Business now serves more than 400,000 business customers in the U.S., and includes more than 45,000 sellers with access to the business-specific selling tools. Amazon Business launched in Germany, marking its first international expansion.
  • Handmade at Amazon (www.amazon.com/handmade) launched in Germany, France, Italy, Spain and the United Kingdom, expanding its selection of handcrafted artisan-made goods to customers in the EU. In the U.S., the Handmade at Amazon store added six new categories (Accessories, Baby, Toys and Games, Beauty & Grooming, Pet Supplies) and now offers over 500,000 items sold directly by artisans across all 50 states from 80 countries around the world.
  • Amazon Home Services (www.amazon.com/services), a marketplace for on-demand professional services, expanded to more than 50 U.S. metro areas. Home Services now offers over 1,200 unique services from providers across 60 professions. Customer orders fulfilled by Home Services pros grew more than 200 percent.
  • Amazon Exclusives (www.amazon.com/exclusives), a store that gives customers direct access to innovative new products from 600 up-and-coming brands, with thousands of unique items being added each month. Sales from the Amazon Exclusives store grew more than 250 percent.

Business Highlights

  • Amazon Mexico (www.amazon.com.mx) continued its expansion by enabling more than 20,000 domestic and international sellers to add more than 50 million product offers available to Mexican customers.
  • Sellers on Amazon Canada (www.amazon.ca) achieved a record-setting $1 billion in sales.
  • Popular brands that started selling on Amazon included American Girl, Lands’ End and Segway.
  • Amazon introduced the Pan-European FBA program allowing sellers to build their international business by selling across all AmazonEuropean marketplaces while shipping inventory to just one destination.
  • Sellers on Amazon worldwide used capital from Amazon Lending loans to grow sales by an estimated $4 billion. The Amazon Lending program offers business loans to invited sellers on Amazon to help them grow their businesses.
  • Amazon hosted more than 300 women-owned businesses in Seattle for the first-ever Amazon Marketplace Women’s Entrepreneur Conference.

Businesses interested in Selling on Amazon, FBA and Sponsored Products can visit us for more details at http://services.amazon.com.

About Amazon

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

Media Hotline:

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

Source: Amazon.com, Inc.

Amazon to open second fulfillment center in Jacksonville, Florida

SEATTLE, 2017-Jan-05 — /EPR Retail News/ — Amazon (NASDAQ: AMZN) today (Jan. 4, 2017) announced plans to open a second fulfillment center in Jacksonville, Florida. The facility will add more than 1,000 full-time jobs with benefits starting on day one. In the Sunshine State, Amazon currently employs more than 4,000 full-time employees.

“We’re excited to further expand our presence in the state with this new fulfillment center in Jacksonville,” said Akash Chauhan, Amazon’s vice president of North American operations. “Florida has been an ideal location to help enable superfast shipping speeds to customers and a source of exceptional talent for Amazon. We’re proud to be creating great jobs with benefits for Floridians.”

“Six months after announcing a major fulfillment center in Jacksonville, Amazon is again choosing Jacksonville as the site of another facility that will create an additional 1,000 new jobs, bringing the company’s announced footprint in Jacksonville to 2,500 jobs,” said Aaron Bowman, senior vice president of JAXUSA Partnership. “Landing a second facility in such a short amount of time further solidifies the JAX region as a place of unlimited opportunity, fueled by possibilities.”

During the past three years, Amazon has announced multiple facilities in Florida including four fulfillment centers, two sortation centers as well as Prime Now hubs in Miami, Tampa and Orlando. At the new 1-million-square-foot fulfillment center in Jacksonville, employees will pick, pack and ship large items like household decor, sporting equipment and gardening tools.

Governor Rick Scott said, “Amazon’s decision to continue investing and creating jobs in our state is great news. I look forward to celebrating the many new job opportunities Amazon will bring to Jacksonville families and their continued success across Florida.”

Full-time employees at Amazon receive competitive hourly wages and a comprehensive benefits package, including healthcare, 401(k) and company stock awards starting on day one, as well as generous maternity and parental leave benefits.

“Amazon.com has been one of Florida’s best job creators since they announced their first project three years ago,” said Mike Grissom, executive vice president of Enterprise Florida, Inc. “Since that first announcement, the company has created thousands of jobs and hundreds of millions of dollars in capital investments across the state. This most recent project in Jacksonville is another great win for Florida and we thank Amazon for their continued investment and job creation.”

In addition to competitive wages and comprehensive benefits, Amazon also offers employees innovative programs like Career Choice, where it will pre-pay 95 percent of tuition for courses related to in-demand fields, regardless of whether the skills are relevant to a career at Amazon. Since the program’s launch four years ago, more than 7,000 employees in 10 countries have pursued degrees in game design and visual communications, nursing, IT programming and radiology, to name a few.

Cissy Proctor, executive director of the Florida Department of Economic Opportunity, said, “Amazon’s expansion to the Jacksonville area is a great opportunity for North Florida job seekers to get a job in Florida’s competitive logistics industry. We are thankful for Amazon’s commitment to Florida and look forward to its creation of more than 1,000 new jobs in Jacksonville.”

“This is an exciting development for Jacksonville and the Cecil Commerce Center,” said Mayor Lenny Curry. “The center is a tremendous asset for our city offering companies like Amazon ample space, resources and accessibility. In addition to the state-of-the art fulfillment and distribution center to be located in northwest Jacksonville, I am looking forward to Amazon’s expanding presence in our city and contributions to its continued economic development and growth.”

To learn more about working at an Amazon fulfillment center, visit www.amazondelivers.jobs.

About Amazon

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

Media Hotline:

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

Source: Amazon.com, Inc.

Amazon announces third season of original dramatic series The Man in the High Castle on Amazon Prime Video

  • Eric Overmyer will serve as showrunner and executive producer
  • Season Two had the most viewers over its debut weekend of all scripted Amazon Original Series that debuted this year

SEATTLE, 2017-Jan-05 — /EPR Retail News/ — Amazon today (Jan. 3, 2017) announced it has greenlit a third season of the original dramatic series The Man in the High Castle. Additionally, Eric Overmyer (Treme, Bosch, The Affair) will serve as showrunner and executive producer for this new season. Seasons one and two of the Emmy Award-winning drama series are now available exclusively on Amazon Prime Video in the US, UK, Germany and Austria via the Amazon Prime Video app for TVs, connected devices including Fire TV, mobile devices and online at http://amazon.com/originals. Following in the footsteps of its first season, Season Two of The Man in the High Castle premiered with the most viewers over its debut weekend of all scripted Amazon Original Series.

The Man in the High Castle stars Alexa Davalos (Mob City), Rupert Evans (American Pastoral), Luke Kleintank (Pretty Little Liars), DJ Qualls (Z Nation), Joel De La Fuente (Hemlock Grove), Brennan Brown (Focus), Bella Heathcote (The Neon Demon), and Callum Keith Rennie (Longmire), with Cary-Hiroyuki Tagawa (Revenge) and Rufus Sewell (Victoria). The series was developed by Frank Spotnitz (The X-Files), with Ridley Scott (The Martian), David W. Zucker (The Good Wife), Richard Heus (Ugly Betty), Isa Dick Hackett (The Adjustment Bureau), and Daniel Percival (Banished) serving as executive producers for Season Three.

“As timely as ever, the exploration of characters at a dark point for humanity has provided incredible stories for two seasons,” said Joe Lewis, Head of Comedy and Drama, Amazon Studios. “Eric and his team are doing an incredible job crafting stories about the inner lives of those who struggle to do good in a world that is not. We couldn’t be more excited to bring season three to customers in 2017.”

Season two has an average customer rating of 4.6 stars. Here is what customers have been saying:

  • “Set in a dystopian future where the Allies lose the war, it is a brilliant piece with an interesting plot line and interesting characters to match.”
  • “…A terrific television drama in all of the ways I was expecting — it’s an intelligently written and competently directed adaptation of what seems like a truly great science fiction classic.”
  • “The screenplay is mesmerizing, and the sets beyond perfection, giving you an idea of what America would have been.”
  • “The Man in the High Castle is phenomenal television in every sense.”
  • “This show has one of the best possible premises in the history of television.”

Based on Philip K. Dick’s Hugo Award-winning 1962 alternate history novel, season two of the one-hour drama series The Man in the High Castle continues to explore what would have happened if the Allied Powers had lost World War II. While Germany controls much of the East Coast and Japan controls the West Coast, the Rocky Mountains have become a “neutral zone”—and ground zero for a resistance, led by a mysterious figure known only as “the Man in the High Castle.” While some citizens struggle against the fear, oppression and inequality, others accept their lives, as compromised and unfulfilling as they might be. But after a series of enigmatic films surface depicting a world vastly different from their own, some begin to question the very nature of their reality.

Eric Overmyer has writing and producing credits that include St. Elsewhere, The Days and Nights of Molly Dodd, Homicide: Life on the Street, Law & Order, The Wire, New Amsterdam and Treme, which he created with David Simon, and adapting Amazon Original Series Bosch for television. He has four Writers Guild nominations, three Emmy nominations, two Edgar nominations and a Humanitas nomination. With his colleagues, he has shared a Writers Guild award and an Edgar award for The Wire, and a Peabody award and a PEN teleplay award for Treme.

The first two seasons of The Man in the High Castle are now available for Prime members to stream and enjoy using the Amazon Prime Video app for TVs, connected devices including Amazon Fire TV, and mobile devices, or online at Amazon.com/originals, at no additional cost to their membership. Customers who are not already Prime members can sign up for a free trial at www.amazon.com/prime. For a list of all Amazon Video compatible devices, visit www.amazon.com/howtostream.

About Amazon Video

Amazon Video is a premium on-demand entertainment service that offers customers the greatest choice in what to watch, and how to watch it. Amazon Video is the only service that provides all of the following:

  • Prime Video: Thousands of movies and TV shows, including popular licensed content plus critically-acclaimed and award-winning Amazon Original Series and Movies from Amazon Studios like Transparent, The Man in the High Castle, Love & Friendship and kids series Tumble Leaf, available for unlimited streaming as part of an Amazon Prime membership
  • Amazon Channels: Over 80 video subscriptions to networks like HBO, SHOWTIME, STARZ, PBS KIDS, Acorn TV and more, available to Amazon Prime members as add-ons to their membership – to view the full list of channels available, visit www.amazon.com/channels
  • Rent or Own: Hundreds of thousands of titles, including new-release movies and current TV shows available for on-demand rental or purchase for all Amazon customers
  • Instant Access: Instantly watch anytime, anywhere through the Amazon Video app on TVs, mobile devices, Amazon Fire TV, Fire TV Stick, and Fire tablets, or online. For a list of all compatible devices visit www.amazon.com/howtostream
  • Premium Features: Top features like 4K Ultra HD, High Dynamic Range (HDR) and mobile downloads for offline viewing of select content

In addition to Prime Video, the Prime membership includes unlimited fast free shipping options across all categories available on Amazon, more than two million songs and thousands of playlists and stations with Prime Music, secure photo storage with Prime Photos, unlimited reading with Prime Reading, unlimited access to a digital audiobook catalogue with Audible Channels for Prime, a rotating selection of free digital games and in-game loot with Twitch Prime, early access to select Lightning Deals, exclusive access and discounts to select items, and more. To sign-up for Prime or to find out more visit: www.amazon.com/prime.

About Amazon

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

Media Hotline:

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

Source: Amazon.com, Inc.