Lowe’s Companies, Inc. now hiring more than 45,000 seasonal employees

MOORESVILLE, N.C., 2017-Feb-03 — /EPR Retail News/ — The spring season kicks off the busiest time of year for home improvement projects. To meet customers’ needs, Lowe’s Companies, Inc. (NYSE: LOW) is now hiring more than 45,000 seasonal employees, supplementing its more than 235,000 U.S. store employees.

In-store seasonal positions include cashiers, lawn and garden associates, stockers and assemblers of outdoor products. The company is also hiring loaders to assist the increasing number of customers who order products online at Lowes.com and pick them up at their local store – a trend that accounts for approximately 60 percent of Lowe’s online orders. Hiring is underway and will continue on a market-by-market basis, with seasonal positions typically supporting stores between the months of March and September.

“Our goal is to meet customers wherever they are – whether in stores, online or at home – with the support, inspiration and solutions they need to tackle their home projects,” said Jennifer Weber, chief human resources officer. “Seasonal employees play an important role in helping customers during this peak period, and we’re excited to welcome them to the Lowe’s team.”

Lowe’s seasonal positions offer competitive pay, flexible hours and a 10 percent employee discount. They can also lead to potential growth opportunities: In 2016, nearly half of the company’s seasonal employees transitioned into part-time and full-time positions, enabling them to take advantage of incentive programs, 401(k), a discounted stock purchase plan, tuition reimbursement and paid time off for community volunteering.

A 2016 Freedom Award winner, Lowe’s is committed to hiring and training veterans, active military and their spouses. The company employs more than 13,000 veterans and members of the National Guard and Reserve.

To learn more about available positions in your area and apply online, visit jobs.lowes.com. You can also apply at your local Lowe’s store.

Market* Estimated Number of Seasonal Positions
Atlanta 944
Boston 1,116
Charlotte, N.C. 1,114
Chicago 405
Cleveland-Akron 735
Dallas-Fort Worth 969
Denver 279
Detroit 651
Houston 403
Los Angeles 662
Minneapolis-St. Paul 111
New York 1,809
Orlando-Daytona Beach-Melbourne, Fla. 650
Philadelphia 1,323
Phoenix 161
Pittsburgh 981
Portland, Ore. 247
Raleigh-Durham, N.C. 1,043
Sacramento-Stockton-Modesto, Calif. 345
San Francisco 235
Seattle-Tacoma 654
St. Louis 681
Tampa-St. Petersburg, Fla. 527
Washington D.C. 944
*For specific locations, visit newsroom.lowes.com or email PublicRelations@Lowes.com.

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

Media Inquiries:

Tel: 704-758-2917
PublicRelations@Lowes.com

Source: Lowe’s Companies, Inc.

Albertsons Companies and Safeway Merger Anniversary Highlights

BOISE, Idaho, 2017-Feb-03 — /EPR Retail News/ — On the two-year anniversary of the merger that created the second-largest supermarket company in the U.S., Albertsons Companies announced that since the merger with Safeway, it has grown its workforce by 10 percent, creating 26,000 jobs; built or acquired 174 locations; increased healthy food and financial donations; and elevated its commitment to sustainability.

“We added an exceptional class of talented employees to our family as we grew to serve more neighborhoods and customers. We also supported hundreds of causes with millions of dollars in donations and transformed into a greener, more sustainable company,” said Bob Miller, Chairman and CEO of Albertsons Companies. “I’m extremely proud of our accomplishments, which are a result of the dedication of every employee. They helped us take steps toward being the Favorite Local SupermarketTM in the communities we serve.”

Merger Anniversary Highlights:

  • 26,000 jobs created
  • 23 new stores built and 151 stores acquired
  • 47,000 team members celebrating 20 or more years of service
  • $271 million of food donations nationwide in 2016
  • $25 million in donations from The Albertsons Companies Foundation in 2016 supporting education, cancer research, hunger relief, veterans support and programs for people with disabilities

When AB Acquisition LLC and Safeway Inc. joined forces on January 30, 2015, the combined company included 2,230 stores and a team of 250,000 people. The 19-banner company is now 26,000 people stronger, with a total workforce of 276,000 team members. Moreover, many of our employees have spent their entire careers with Albertsons, Safeway or one of the other Albertsons Companies banners. At the end of 2016, nearly 47,000 team members had 20 or more years of service.

Supporting Our Neighborhoods

Food donations nationwide topped $271 million last year, up from $245 million in 2015, reflecting a commitment to increasing support for the critical cause of hunger relief. Each store donates wholesome products to a local food bank partner, a collaboration that decreases food insecurity for the many people who rely on these organizations for meals. Along with the direct donations, most stores also conducted in-store food drives and other events throughout the year to bring additional support from our customers during the holidays and summer months when the need is greatest. The company’s Fresh Rescue initiative to donate meat and other perishables to hunger relief partners was expanded in 2016 to include more products and stores. For this ongoing dedication to hunger relief, Albertsons Companies was recognized as a Visionary Partner by Feeding America last year.

In addition, The Albertsons Companies Foundation and the Entertainment Industry Foundation recently awarded $4.6 million in grants through Hunger Is, a joint charitable program designed to increase awareness and funds to end childhood hunger in America. The funds, raised through in-store fundraisers, will increase access to free and reduced-cost school breakfast, improve the nutritional quality of breakfast programs and expand weekend, summer and vacation food programs. Academy Award-nominated actress Viola Davis is the Hunger Is program’s Ambassador and spokesperson.

The Albertsons Companies Foundation also supported education, cancer research, veterans support and programs for people with disabilities in 2016, contributing more than $25 million to these and other important areas of need.

Focus on Sourcing and Sustainability

In 2016, Albertsons Companies continued a broad commitment to sustainability. During the first quarter, the company committed to sourcing and selling only cage-free eggs for its store operations by 2025, based on available supply. The company was among the first and largest in the conventional retail grocery sector to make such a commitment.

In November, the company announced a new Responsible Seafood Policy, which expanded the previous program beyond fresh and frozen seafood to include shelf-stable tuna (canned and vacuum-sealed), as well as sushi sold from our delis. The company also committed to ensure that by 2022, 100 percent of the top 20 wild and farmed seafood products sold at stores will meet the Responsible Seafood Policy.

The U.S. Environmental Protection Agency recognized Albertsons Companies’ industry-leading sustainability initiatives with the Safer Choice Partner of the Year Award for increasing awareness of products that are safer for people and the environment.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. The company operates stores, manufacturing plants and distribution centers across 35 states and the District of Columbia under 19 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to making a meaningful difference, neighborhood by neighborhood, across all of the communities they serve.

Contact:

Chris Wilcox
Vice President, Communications & Public Affairs
christine.wilcox@albertsons.com
208-395-4163

Source: Albertsons Companies

Fromi USA recalls Soureliette cheese and Tomme Brebis Fedou that may be contaminated with Listeria monocytogenes

New York, NY, 2017-Feb-03 — /EPR Retail News/ — Fromi USA. of New York, NY, is recalling its 7 cases of Soureliette cheese and 2 cases of Tomme Brebis Fedou because they have the potential to be contaminated with Listeria monocytogenes, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, listeria infection can cause miscarriages and stillbirths among pregnant women.

The recalled Tomme Brebis Fedou cheese and Soureliette were distributed to CA, NY and MA through retail stores.

The product Soureliette comes in a 3lb box marked with an expiration date of 02/22/2017; 01/25/2017 and 08/02/2017 stamped on the top.

The product Tomme Brebis Fedou comes in a 3lb box marked with an expiration date of 02/22/2017stamped on the top.

No illnesses have been reported to date in connection with this problem.

The potential for contamination was noted after routine testing by the foreign supplier revealed the presence of Listeria monocytogenes in 3lb packages of Tomme Brebis Fedou cheese and Soureliette.

Consumers who have purchased these products are urged to return them to the place of purchase for a full refund. Consumers with questions may contact the company at 1-718-412-0498, Monday – Friday, 9 am – 5 pm, ET.

Consumers Contact:

1-718-412-0498

Source: FDA

Sports Direct International releases detailed information about share purchase In accordance with the Market Abuse Regulation

Shirebrook, UK, 2017-Feb-03 — /EPR Retail News/ — Sports Direct announces that on 31 January 2017 it purchased 671,400 of its ordinary shares from Citigroup Global Markets Limited (acting as the Company’s broker) on the London Stock Exchange at a price of 287.1 pence per share. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 57,058,754 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 583,543,615.

In accordance with DTR 5.6.1 of the FCA’s Disclosure Guidance and Transparency Rules, the Company is required to notify the market of the total number of voting rights and capital in the Company as at the end of each calendar month in which an increase or decrease has occurred.

The issued share capital of the Company is comprised of 640,602,369 ordinary shares of 10p each. As 57,058,754 of these ordinary shares are held as treasury shares, the total number of voting rights in the Company is 583,543,615. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Citigroup Global Markets Limited is set out below.

Aggregated information:

Platform code XLON
Date of purchase: 31 January 2017
Number of ordinary shares purchased: 462,782
Volume weighted average price paid per share: 286.49
Platform code BATE
Date of purchase: 31 January 2017
Number of ordinary shares purchased: 20,103
Volume weighted average price paid per share: 287.67
Platform code CHIX
Date of purchase: 31 January 2017
Number of ordinary shares purchased: 152,886
Volume weighted average price paid per share: 288.64
Platform code TRQX
Date of purchase: 31 January 2017
Number of ordinary shares purchased: 35,629
Volume weighted average price paid per share: 287.60

Contact:
Cameron Olsen
Company Secretary
T. 0344 245 9200
E. investor.relations@sportsdirect.com

KBA PR
Keith Bishop
T. 0207 734 9995
E. sd@kbapr.com

Source: Sports Direct International plc

Retailers to focus on mobile phone initiatives to enhance customer experience in 2017

WASHINGTON, 2017-Feb-03 — /EPR Retail News/ — Amid a seismic shift in how U.S. consumers shop, retailers are vying for time on their customers’ screens across all their devices — before, during and after a purchase. That is according to The State of Retailing Online 2017: Key Metrics, Business Objectives and Mobile report, released today (January 31, 2017) by the National Retail Federation’s Shop.org division and Forrester.

Forrester forecasted that in 2016 direct online sales totaled 11.6 percent of total U.S. retail sales ($394 billion), but digital touchpoints actually impacted an estimated 49 percent of total U.S. retail sales.

In response, this year retailers are focusing on several key areas to enhance customer experiences across all touchpoints, growing their business for the long term. For example, 54 percent of retailers note that mobile is one of their top initiatives in 2017, as are marketing (46 percent), site merchandising (42 percent) and omnichannel efforts (22 percent).

“Smartphones are driving retail sales more than ever, and retailers have found that even modest investments in mobile initiatives can result in huge returns,” NRF Vice President for Digital Retail Artemis Berry said. “This is no longer a new way to reach customers, but it has certainly become a highly effective method and one that boosts the level of customer engagement across the brand.”

Among retailers surveyed, smartphones, on average, made up 30 percent of online sales and 47 percent of online traffic, and sales made on smartphones were up an average of 65 percent year-over-year.

The study found that most retailers are foregoing flashy emerging technology such as virtual and augmented reality, and instead are investing in customer experience. Forty-five percent of retailers surveyed said mobile initiatives transformed their overall digital customer experience, and customer service topped the list of new initiatives retailers will invest in over the next year, with features like live chat offering them an opportunity to connect with their customers.

“Today’s customers are empowered with information and technology,” Forrester Vice President and Research Director Fiona Swerdlow said. “To grow, retailers know they have to operate with a customer-obsessed mindset to deliver the experiences that consumers now expect at every touchpoint. It’s about having all aspects of the business — stores, mobile, merchandising, customer service, fulfillment and more — work together to deliver total value to your customers wherever they are, at any time.”

Contact:

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

Source: NRF

Consumers benefitted from falling shop prices in January

  • Overall shop prices reported deflation of 1.7% in January, an acceleration from the 1.4% fall in December.
  • Non-food deflation accelerated to 2.3% in January, deeper than the 1.9% decline in the previous month.
  • Food deflation accelerated to 0.8% in January from the 0.7% decline in December. This compares with a 0.7% fall on a 3-month basis.
  • Fresh Food deflation remained at 1.2% for the third consecutive month.
  • Ambient Food moved back into deflationary territory after a marginal rise in December, falling 0.2% in January.

London, 2017-Feb-03 — /EPR Retail News/ — HELEN DICKINSON OBE, CHIEF EXECUTIVE, BRITISH RETAIL CONSORTIUM:

“January bucked the monthly trend of an easing in shop price deflation, with prices down 1.7 per cent compared to January 2016; a larger year on year fall in shop prices than the 1.4 per cent fall in December. For now, consumers continue to benefit from falling shop prices year on year. However, fluctuations in the monthly figures belie an underlying trend of building cost pressures that are gradually feeding through from the fall in sterling combined with higher commodity prices. This will inevitably mean that we start to see a general upward trend in inflation over 2017.

“In fact month-on-month food prices were up, although the impact of this on inflationary pressure was offset by the discounting of excess stock by a number of non-food retailers after a tepid sales performance over the festive period.

“Retailers’ focus will be on protecting their customers from the effects of increasing input costs, but with the cost of doing business rising and margins and profits being squeezed, their efforts will require the support of public policies that help them keep prices low for shoppers. This means capping the annual uplifts in business rates and ensuring no new tariffs remains a core objective of the negotiations on exiting the EU.”

MIKE WATKINS, HEAD OF RETAILER AND BUSINESS INSIGHT, NIELSEN:

“Consumer demand was perhaps better than expected at the end of last year and retailers are still managing to limit currency related cost increases being passed onto shoppers. This is helping to give some stability to the industry at the start of 2017. However, there is already inflationary pressure elsewhere in the economy and this will start to have an impact on the disposable income of households later in the year.”

Contact:
BRC Press Office
TELEPHONE: + 44 (0) 20 7854 8924
EMAIL: media@brc.org.uk
OUT OF HOURS: +44 (0) 7557 747 269

Source: BRC

Former D.C. police chief Cathy Lanier and Five-time NFL MVP Peyton Manning among keynote speakers at NRF PROTECT 2017, June 26-28, 2017

WASHINGTON, 2017-Feb-03 — /EPR Retail News/ — A Super Bowl-winning quarterback and the first woman to lead the nation’s capital’s police force will be among keynote speakers as more than 2,000 industry leaders, loss prevention professionals, cybersecurity experts and law enforcement officers convene in Washington, D.C., June 26-28, 2017, at NRF PROTECT 2017.

Cathy Lanier, former chief of the Metropolitan Police Department of the District of Columbia, will kick off the keynote sessions at 8:00 a.m. on Wednesday, June 28, in a session titled “Safety and Preparedness in the 21st Century.” The session will cover Lanier’s extensive experience in fighting crime and security threats while protecting people and assets.

On the same day, five-time NFL MVP Peyton Manning will speak at 1:00 p.m. in a session titled “The Goalposts of Leadership are shifting: Are You?” Manning will discuss how he has fought many epic battles under intense pressure on the gridiron, earning the respect of the league and players as a game-changing leader.

“We are thrilled to welcome two extraordinary leaders who have great insights to offer from their extensive and inspirational careers,” NRF Vice President of Loss Prevention Bob Moraca said. “These experts will give the audience new ways to impact their business while protecting and enhancing the customer experience.”

The conference will also feature top-notch educational sessions and provide a forum for professionals to identify solutions to industry security challenges and explore the latest cutting-edge technologies.

Complimentary registration is available to editorial staff members of the press, as well as accredited retail analysts and bloggers. To register, contact Ana Serafin Smith at smitha@nrf.com.

For more information about NRF PROTECT 2017, visit http://nrfprotect.nrf.com/ .

Contact:

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

Source: NRF

NRF and Prosper Insights & Analytics: Valentine’s Day total spending expected to reach $18.2 billion, down from $19.7 billion last year

WASHINGTON, 2017-Feb-03 — /EPR Retail News/ — After a decade-long increase in Valentine’s Day spending is expected to finally see a market correction this year, according to the annual survey released today (February 1, 2017) by the National Retail Federation and Prosper Insights & Analytics.

U.S. consumers are expected to spend an average $136.57, down from last year’s record-high $146.84. Total spending is expected to reach $18.2 billion, down from $19.7 billion last year, which was also a record.

“Valentine’s Day continues to be a popular gift-giving occasion even if consumers are being more frugal this year,” NRF President and CEO Matthew Shay said. “This is one day of the year when millions find a way to show their loved ones they care regardless of their budget. Consumers will find that retailers recognize that their customers are looking for the best deals and will offer good bargains just as they did during the holiday season.”

Starting at an average $119.67 for a total of $16.9 billion in 2007, Valentine’s spending grew most years over the past decade before hitting last year’s record. But the number of people surveyed who plan to celebrate the holiday has dropped by nearly 10 percentage points over the same period from 63 percent in 2007 to 54 percent this year.

This year’s survey found consumers plan to spend an average $85.21 on their significant other/spouse, $26.59 on other family members such as children or parents, $6.56 on children’s classmates/teachers, $6.51 on friends, $4.27 on co-workers, and $4.44 on pets.

Consumers plan to spend $4.3 billion on jewelry (given by 19 percent of shoppers), $3.8 billion on an evening out (37 percent), $2 billion on flowers (35 percent), $1.9 billion on clothing (19 percent), $1.7 billion on candy (50 percent), $1.4 billion on gift cards/gift certificates (16 percent) and $1 billion on greeting cards (47 percent).

Also popular this year are “gifts of experience” such as tickets to a concert or sporting event, a gym membership or an outdoor adventure. While 40 percent of consumers want an experience gift, only 24 percent plan to give one.

Consumers plan to shop at department stores (35 percent), discount stores (32 percent), online (27 percent), specialty stores (18 percent), florists (18 percent), and local small businesses (15 percent).

“While fewer are planning to celebrate Valentine’s Day this year, millions of shoppers will still make room in their budgets to spoil their loved ones,” Prosper Principal Analyst Pam Goodfellow said. “Consumers can expect promotions on everything from flowers to date-night dinner packages in the coming days, leaving plenty of ideas for those looking to spoil their Valentines.”

The survey, which asked 7,591 consumers about their Valentine’s Day plans, was conducted January 4-11 and has a margin of error of plus or minus 1.1 percentage points. Full data results will not be published on NRF.com but news media and analysts who require additional information can contact press@nrf.com.

About Prosper Insights & Analytics
Prosper Insights & Analytics delivers executives timely, consumer-centric insights from multiple sources. As a comprehensive resource of information, Prosper represents the voice of the consumer and provides knowledge to marketers regarding consumer views on the economy, personal finance, retail, lifestyle, media and domestic and world issues. www.ProsperDiscovery.com

About NRF
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs — 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.

Contact:

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

Source: NRF

Chipotle Mexican Grill, Inc. releases financial results for its 4Q and year ended December 31, 2016

DENVER, 2017-Feb-03 — /EPR Retail News/ — Chipotle Mexican Grill, Inc. (NYSE: CMG) today (Feb. 2, 2017) reported financial results for its fourth quarter and year ended December 31, 2016.

Overview for the fourth quarter of 2016 as compared to the fourth quarter of 2015:

  • Revenue increased 3.7% to $1.0 billion
  • Comparable restaurant sales for the month of December increased 14.7% and declined 4.8% for the full quarter
  • Restaurant level operating margin was 13.5%, a decrease from 19.6%
  • Net income was $16.0 million, a decrease from $67.9 million
  • Diluted earnings per share was $0.55, a decrease from $2.17
  • Opened 72 new restaurants

Overview for the year ended December 31, 2016 as compared to the prior year:

  • Revenue decreased 13.3% to $3.9 billion
  • Comparable restaurant sales decreased 20.4%
  • Restaurant level operating margin was 12.8%, a decrease from 26.1%
  • Net income was $22.9 million, a decrease from net income of $475.6 million
  • Diluted earnings per share was $0.77, a decrease from $15.10
  • Opened 240 new restaurants, net of 3 relocations or closures

“We are energized and focused to achieve our goals in 2017, and to return to a path of long-term value creation for our shareholders,” said Steve Ells, Founder, Chairman and CEO of Chipotle. “Returning to our roots of what originally made Chipotle great has helped refocus all of our strategies toward the guest experience. In the upcoming year we intend to continue to simplify and improve our restaurant operations, utilize creative marketing to rebuild our brand, and further the roll-out of our digital sales efforts. All three of these strategic initiatives are centered on improving the guest experience and restoring customer affinity for the Chipotle brand, and we are confident in our teams’ abilities as we start this new year.”

Fourth quarter 2016 results

Revenue for the quarter was $1.0 billion, up 3.7% from the fourth quarter of 2015. The increase in revenue was driven by new restaurant openings, partially offset by a 4.8% decrease in comparable restaurant sales. Comparable restaurant sales declined primarily as a result of a decrease in the number of transactions in our restaurants, and to a lesser extent from a decline in average check. Comparable restaurant sales decreased 20.2% and 1.4% in October and November 2016, and increased 14.7% in December 2016. Comparable restaurant sales benefitted from easier comparisons due to lower sales levels in November and December 2015. We opened 72 new restaurants during the quarter, bringing the total restaurant count to 2,250.

Food costs were 35.3% of revenue, an increase of 150 basis points compared to the fourth quarter of 2015. The increase was driven by higher avocado prices and increased expense for pre-diced tomatoes, partially offset by relief in beef prices.

Restaurant level operating margin was 13.5% in the quarter, a decrease from 19.6% in the fourth quarter of 2015. The decrease was driven primarily by increased marketing and promotional spend, sales deleveraging and higher food costs.

General and administrative expenses were 6.3% of revenue for the fourth quarter of 2016, an increase of 160 basis points over the fourth quarter of 2015. In dollar terms, general and administrative expenses increased compared to the fourth quarter of 2015 due to increased stock based compensation and legal expenses, partially offset by lower bonus expense.

Net income for the fourth quarter of 2016 was $16.0 million, or $0.55 per diluted share, compared to net income of $67.9 million, or $2.17 per diluted share, in the fourth quarter of 2015.

Full year ended December 31, 2016 results

Revenue for the full year 2016 was $3.9 billion, down 13.3% from the prior year. The decrease in revenue was driven by a 20.4% decrease in comparable restaurant sales, partially offset by revenue from new restaurants. Comparable restaurant sales declined primarily as a result of a decrease in the number of transactions in our restaurants, and to a lesser extent from a decline in average check.

We opened 240 new restaurants during the full year 2016, net of 3 relocations or closures, bringing the total restaurant count to 2,250.

Food costs were 35.0% of revenue, an increase of 160 basis points as compared to the prior year. The increase was driven by increased waste and costs related to new food safety procedures as well as higher avocado prices, partially offset by relief in beef prices and a benefit of menu price increases implemented in select restaurants in the second half of 2015.

Restaurant level operating margin was 12.8% for the full year 2016, a decrease from 26.1% from the prior year. The decrease was driven by sales deleverage, increased marketing and promotional spending, and other increased costs of doing business.

General and administrative expenses were 7.1% of revenue for the full year of 2016, an increase of 150 basis points over the prior year, primarily as a result of sales deleverage. In dollar terms, general and administrative costs increased compared to the prior year due to higher legal expense, higher payroll costs as we grew, and expenses associated with our biennial All Managers’ Conference held during 2016, partially offset by lower bonus expense and travel costs.

Our 2016 effective tax rate was 40.8%, an increase of 2.6% from 2015, due to higher state tax rates, not qualifying for the federal research and development tax credit in 2016, and non-deductible items on overall lower pre-tax operating income.

Net income for the full year of 2016 was $22.9 million, or $0.77 per diluted share, compared to net income of $475.6 million, or $15.10 per diluted share, for the prior year.

Outlook

For 2017, management is targeting the following:

  • Comparable restaurant sales increases in the high-single digits
  • 195 – 210 new restaurant openings
  • An estimated effective full year tax rate to be between 39.0% and 39.5%, which will be impacted by volatility due to a recently issued accounting standard that changes how we account for taxes associated with stock-based compensation awards.

Definitions

The following definitions apply to these terms as used throughout this release:

Comparable restaurant sales, or sales comps, represent the change in period-over-period sales for restaurants in operation for at least 13 full calendar months.

Comparable restaurant transactions represent the change in period-over-period transactions, including transactions with no sales dollars due to promotional discounts, for restaurants in operation for at least 13 full calendar months.

Restaurant level operating margin represents total revenue less restaurant operating costs, expressed as a percent of total revenue.

Conference Call

Chipotle will host a conference call to discuss the fourth quarter and full year 2016 financial results on Thursday, February 2, 2017 at 4:30 PM Eastern time.

The conference call can be accessed live over the phone by dialing 1-888-791-4326 or for international callers by dialing 1-913-905-3216. The call will be webcast live from the company’s website on the investor relations page at ir.chipotle.com. An archived webcast will be available approximately one hour after the end of the call.

About Chipotle

Steve Ells, our 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 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, the land, and the 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 as of December 31, 2016, operated 2,250 restaurants. For more information, visit Chipotle.com.

Forward-Looking Statements

Certain statements in this press release, including statements under the heading “Outlook” of our expected comparable restaurant sales, number of new restaurant openings, and effective tax rate, for 2017 are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We use words such as “anticipate,” “believe,” “could,” “should,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” and similar terms and phrases, including references to assumptions, to identify forward-looking statements. The forward-looking statements in this press release are based on information available to us as of the date any such statements are made and we assume no obligation to update these forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to, the following: the uncertainty of our ability to achieve expected levels of comparable restaurant sales due to factors such as changes in consumers’ perceptions of our brand, including as a result of food-borne illness incidents beginning in late 2015, the impact of competition, including from sources outside the restaurant industry, decreased overall consumer spending, or our possible inability to increase menu prices or realize the benefits of menu price increases; the risk of food-borne illnesses and other health concerns about our food or dining out generally; factors that could affect our ability to achieve and manage our planned expansion, such as the availability of a sufficient number of suitable new restaurant sites and the availability of qualified employees; the performance of new restaurants and their impact on existing restaurant sales; increases in the cost of food ingredients and other key supplies or higher food costs due to new supply chain protocols; the potential for increased labor costs or difficulty retaining qualified employees, including as a result of market pressures, enhanced food safety procedures in our restaurants, or new regulatory requirements; risks related to our marketing and advertising strategies, which may not be successful and may expose us to liabilities; risks relating to our expansion into new markets; the impact of federal, state or local government regulations relating to our employees, our restaurant design, or the sale of food or alcoholic beverages; risks associated with our Food With Integrity philosophy, including supply shortages and potential liabilities from advertising claims and other marketing activities related to Food With Integrity; security risks associated with the acceptance of electronic payment cards or electronic storage and processing of confidential customer or employee information; risks relating to litigation, including possible governmental actions related to food-borne illness incidents, as well as class action litigation regarding employment laws, advertising claims or other matters; risks relating to our insurance coverage and self-insurance; our dependence on key personnel and uncertainties arising from recent changes in our management team; risks regarding our ability to protect our brand and reputation; risks associated with our ability to effectively manage our growth; and other risk factors described from time to time in our SEC reports, including our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, all of which are available on the investor relations page of our website at ir.Chipotle.com.

Investor Relations:
Mark Alexee
303-605-1042

Source: Chipotle Mexican Grill, Inc.

Tractor Supply Company announces financial results for its fourth quarter and fiscal year 2016

Fourth Quarter Comparable Store Sales Increased 3.1%; Fourth Quarter Earnings per Share Increased 14.6% to $0.94; Full Year Earnings per Share Increased 9.0% to $3.27

BRENTWOOD, TN, 2017-Feb-03 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (02/01/17) announced financial results for its fourth quarter and fiscal year ended December 31, 2016. Additionally, the Company provided its initial outlook for fiscal 2017.

Fourth Quarter Results
Net sales for the fourth quarter 2016 increased 16.4% to $1.92 billion from $1.65 billion in the fourth quarter of 2015. The fourth quarter included an extra sales week as part of the Company’s 53-week calendar in 2016, which represented 6.2 percentage points of the overall 16.4% sales increase. Comparable store sales increased 3.1% versus a decrease of 1.4% in the prior year’s fourth quarter. The 3.1% increase includes an estimated 60 basis point benefit from one additional comparable sales day in the fourth quarter of 2016 versus the prior year. Comparable store transaction count increased 4.0% and average ticket decreased 0.9%. This represents the 35th consecutive quarter of comparable transaction count growth. Comparable store sales were driven by strong performance in everyday basic items across a number of consumable, usable and edible (C.U.E.) and hardline related areas such as livestock and pet, bird and wildlife, trailers and accessories, hand tools and livestock equipment.

Gross profit increased 15.2% to $646.3 million from $561.0 million and gross margin rate decreased to 33.7% from 34.1% in the prior year’s fourth quarter. The decline in gross margin was primarily driven by a higher mix of C.U.E. products, which generally carry below chain average gross margin, and a slightly higher level of promotional activity. Freight expense did not have a significant impact on the quarter.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 16.5% to $451.6 million from $387.7 million in the prior year period. As a percent of net sales, SG&A expenses remained flat at 23.6% compared to the fourth quarter of 2015. SG&A expenses as a percent of net sales benefited from leverage of occupancy costs resulting from the 53rd week of sales and the 3.1% increase in comparable store sales. These benefits were primarily offset by higher store personnel and advertising costs, related primarily to sales driving initiatives, as well as the incremental acquisition and operating expenses associated with the Petsense acquisition.

Net income increased 10.6% to $123.6 million from $111.7 million, and diluted earnings per share increased 14.6% to $0.94 from $0.82 in the fourth quarter of the prior year. The Company estimates that the 53rd week in 2016 represented a benefit of approximately $0.055 per diluted share.

The Company opened 21 new stores and closed one Del’s store in the fourth quarter of 2016 compared to 26 new store openings and three store closures, two of which were Del’s stores, in the prior year period. Additionally in the fourth quarter of 2016, the Company acquired Petsense LLC. At the end of the fourth quarter, there were 143 Petsense stores, which included eight store openings and one store closure during the quarter.

Greg Sandfort, Chief Executive Officer, stated, “While it was obviously a challenging retail environment, our Tractor Supply team managed the business well and drove strong comparable store sales and earnings per share growth. Throughout the quarter, the team worked hard to take advantage of weather trends, localize assortments, manage inventory and shorten the supply chain. Our focus was on driving sales in key categories and keeping our inventory current in others. On a market-by-market basis, we aligned our business from all sides — merchandise, pricing, promotion and inventory. We did this by communicating regularly with our field managers and customers, analyzing sales and product data, and regularly reviewing pricing and promotional strategies. While we never have all the answers, we believe we were successful at driving growth in the fourth quarter through careful planning and execution of our business.”

Fiscal 2016 Results
Net sales increased 8.9% to $6.78 billion from $6.23 billion in fiscal 2015. Comparable store sales increased 1.6% versus a 3.1% increase in fiscal 2015. Gross profit increased 8.5% to $2.33 billion from $2.14 billion, and gross margin decreased to 34.3% from 34.4% in fiscal 2015.

SG&A expenses, including depreciation and amortization, increased 9.3% to $1.63 billion, and as a percent of sales, SG&A expenses increased to 24.1% compared to 24.0% in fiscal 2015.

Net income increased 6.5% to $437.1 million from $410.4 million, and diluted earnings per share increased 9.0% to $3.27 from $3.00 in fiscal 2015.

The Company opened 113 new stores and closed six stores, all of which were Del’s stores, in fiscal 2016 compared to 114 new store openings and eight store closures, five of which were Del’s stores, during fiscal 2015. The Company also acquired Petsense LLC, which operated 143 stores at the end of fiscal 2016.

Fiscal 2017 Outlook
The Company is providing the following initial guidance for the results of operations expected for fiscal 2017:

Net Sales $7.22 billion – $7.29 billion
Comparable Store Sales 2.0% – 3.0%
Net Income $445 million – $457 million
Earnings per Diluted Share $3.44 – $3.52
Capital Expenditures $270 million – $290 million

Anticipated capital expenditures include spending to support approximately 100 new Tractor Supply and 25 to 30 new Petsense store openings.

Conference Call Information
Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives and new store and distribution center openings and expenses in future periods. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, weather conditions, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors: John Rouleau/Rachel Schacter, ICR
Media: Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

EROSKI presenta ‘EKILIBRIA’ un programa pionero de diagnóstico nutricional para el consumidor

  • El nuevo programa ‘Ekilibria’ ofrece al consumidor un informe mensual personalizado y confidencial que compara sus compras con las recomendaciones científicas para practicar una alimentación saludable
  • ‘Ekilibria’ es una herramienta digital pionera que utiliza las nuevas tecnologías en el tratamiento de la información para mejorar el bienestar de los consumidores
  • Cualquier Socio-Cliente, titular de una tarjeta EROSKI Club, puede suscribirse al programa ‘Ekilibria’ y consultar su informe nutricional personalizado
  • El programa ‘Ekilibria’ ofrece también recomendaciones personalizadas, propone nuevas recetas y promociones que impulsen la práctica de una alimentación equilibrada, y pone a disposición de los Socios-Cliente un servicio de consultorio nutricional

ELORRIO,España, 2017-Feb-03 — /EPR Retail News/ — EROSKI presenta hoy ‘Ekilibria’, un programa pionero que utiliza las nuevas tecnologías de la información para ayudar a los consumidores a practicar una alimentación saludable. EROSKI, como cooperativa de consumo que siempre ha destacado por su actividad en la formación e información al consumidor, da un nuevo paso al poner avanzadas herramientas de diagnóstico nutricional personalizado al servicio de los consumidores. Se trata de un servicio pionero en España, disponible para cualquier Socio de EROSKI Club, y que se completa con recomendaciones personalizadas, recetas y promociones que impulsen la práctica de una alimentación equilibrada, y un servicio de consultorio nutricional.

“Las nuevas tecnologías avanzan rápidamente. Hace 40 años el principal soporte de información al consumidor era nuestra revista que hoy seguimos publicando, EROSKI CONSUMER. Luego evolucionamos a la web y, posteriormente, a las aplicaciones para móviles. Ahora damos un nuevo salto para ofrecer una información personalizada al consumidor con el objetivo de ayudarle a mejorar su calidad de vida a través de la práctica de una alimentación más equilibrada”, explica el director de responsabilidad social de EROSKI y máximo responsable de las publicaciones EROSKI CONSUMER,  Alejandro Martínez Berriochoa.

Los consumidores pueden acceder al programa ‘Ekilibria’ a través de la página web de EROSKI www.eroski.es/ekilibria, donde los Socios-Cliente de EROSKI Club pueden registrarse para obtener su diagnóstico nutricional personalizado. Se trata de un informe mensual con el resultado del análisis de las compras de cada Socio-Cliente comparado con los criterios nutricionales recomendados por la comunidad científica. El informe indica, de una forma visual y muy fácil de entender, si el consumo de diferentes grupos de alimentos que realiza el Socio Cliente se ajusta a las recomendaciones científicas de lo que se considera una dieta equilibrada.

Para el diagnóstico se tiene en cuenta la composición del hogar (número de miembros, adultos y niños) y la frecuencia de comidas en casa. Asimismo, el Socio-Cliente podrá ver la evolución de su dieta en el tiempo y comparar sus resultados con la media de los consumidores participantes en el programa.

“Según cual sea el resultado de su diagnóstico, cada uno recibirá consejos, recetas y promociones para acompañarle en su práctica de una alimentación equilibrada”, explica Martínez Berriochoa.

Consultorio nutricional, recetario y noticias de actualidad

Cualquier consumidor puede consultar la información del programa ‘Ekilibria’, que reúne una amplia base de recetas saludables con nuevas formas y trucos para cocinar los alimentos más importantes que configuran una dieta equilibrada. Asimismo, cualquier consumidor puede acceder a las noticias sobre alimentación, nutrición y nuevas tendencias seleccionadas por el programa, así como a las conversaciones de los usuarios en el consultorio nutricional, con consejos y respuestas de un equipo de nutricionistas, si bien para poder participar y solicitar consejos personalizados será necesario formar parte de la “comunidad Ekilibria”.

“Conocerse mejor y acceder a pequeñas ayudas para mejorar nuestra calidad de vida en el día a día es la oportunidad que nos brinda Ekilibria”, apunta el director de Responsabilidad Social de la cooperativa. A lo que añade “se trata de un primer paso en la mejora pero siempre teniendo en cuenta que el programa ofrece orientación pero en ningún caso suple la función de nutricionistas y dietistas, verdaderos expertos y especialistas, especialmente de cara a aquellas personas que tienen diagnosticado algún tipo de intolerancia o afección y que, por tanto, deben ser guiadas por profesionales médicos cuya labor es indispensable y con cuyo asesoramiento hemos contado para desarrollar el programa”.

El nuevo programa ‘Ekilibria’ de EROSKI cuenta con el apoyo de la Sociedad Científica Española de Dietética y Nutrición (SEDYN), la Sociedad Española de Dietética y Ciencias de la Alimentación (SEDCA), la Asociación “5 al día” que tiene por objetivo promover el consumo de frutas y verduras frescas, y la Fundación de Hipercolesterolemia Familiar (FHF).

El presidente de la Sociedad Científica Española de Dietética y Nutrición (SEDYN), Bittor Rodríguez, señala que “como miembros de la comunidad científica, hemos querido apoyar desde un inicio el desarrollo de esta herramienta informática que, desde la rigurosidad de lo que consideramos una dieta equilibrada, ofrece un diagnóstico personalizado. Creemos que es el camino para avanzar en la divulgación de pautas para una alimentación saludable y ayudar al consumidor a reorientar sus hábitos para una mejor calidad de vida”.

Por su parte, el presidente de la Sociedad Española de Dietética y Ciencias de la Alimentación (SEDCA), Jesús Román Martínez Álvarez, manifiesta que “queremos dar la enhorabuena a EROSKI por esta iniciativa, una innovación que abre un nuevo camino en el diagnóstico y las recomendaciones que, como profesionales de la salud, damos a nuestros pacientes en relación a sus hábitos alimentarios. Es de destacar cómo EROSKI comparte esta información con sus clientes para ayudarles a gestionar más conscientemente los cambios que deseen introducir para mejorar su dieta. Es una herramienta que recomendaremos utilizar”.

Las conclusiones personalizadas que ofrece el programa ‘Ekilibria’ se basan en el consenso científico de una pirámide nutricional que sitúa en su base, como alimentos más frecuentes de consumo diario las frutas y verduras frescas. En este sentido, Nuria Martínez, directora de la asociación “5 al día” explica que “su misión es concienciar a la población de la importancia del consumo de fruta y hortalizas frescas, que deben alcanzar las 5 raciones diarias. Ekilibria de EROSKI te dice si lo estás cumpliendo o no y te anima a ponerte pequeños objetivos de mejora. Va a suponer un antes y un después en las acciones de sensibilización por una alimentación más saludable”.

“Ekilibria puede jugar un papel muy relevante en aquellos casos donde se debe ser especialmente cuidadoso con la alimentación porque ofrece un diagnóstico claro de la alimentación practicada en el tiempo y una recomendación concreta para mejorar esos hábitos” en palabras del presidente de la Fundación de Hipercolesterolemia Familiar (FHF), el doctor Pedro Mata.

Una pequeña fiesta para presentar ‘Ekilibria’

EROSKI ha citado para esta tarde en la sala Yimby de Bilbao a todos los que quieran conocer de primera mano el nuevo programa ‘Ekilibria’. Junto a los cerca de 200 Socios-Cliente de EROSKI Club convocados, acudirán entre otros rostros conocidos, la deportista y campeona olímpica Eli Pinedo, el televisivo Julian Iantzi, y el prestigioso cocinero, con 3 estrellas Michelín, Eneko Atxa. Junto a ellos estarán también presentes representantes de la Sociedad Científica Española de Dietética y Nutrición (SEDYN) y la Asociación “5 al día”.

“Me he dado de alta en Ekilibria y el primer informe nutricional que he recibido me ha revelado algunas sorpresas como que no era consciente de la gran cantidad de frutas, hortalizas y cereales que consumo regularmente. Eso está bien y me ha alegrado. Me parece una herramienta extraordinaria para todos aquellos que amamos el deporte y la actividad física porque nos ayuda a mantener un alimentación equilibrada”, destaca Eli Pinedo, jugadora internacional de balonmano hasta 2106 y campeona olímpica en los Juegos de Londres 2012. Activista en las redes sociales y directora actualmente de London 717, una marca de moda y estilo de vida “eco-friendly”.

“Me parece una herramienta revolucionaria. Es increíble ver ahí, todo junto, todas tus compras en EROSKI ordenadas por grupos de alimentos y sacar la conclusión de que deberías reducir esto o aumentar el consumo de aquello. Me encanta”  subraya el presentador de origen californiano, Julian Iantzi, quien más ‘realities’ ha presentado en las televisiones españolas y que confiesa estar contento con su estilo de vida y admite que le gustan los retos, el deporte y la aventura. “En mi opinión, deberíamos consumir más fruta y verdura y repartir los alimentos en cinco comidas al día”.

EROSKI lidera la información al consumidor

EROSKI, como cooperativa de consumo, desarrolla una intensa labor por la formación e información del consumidor. “Estamos convencidos del potencial de la información al consumidor como un elemento esencial para mejorar su calidad de vida a través de un consumo más responsable”, explica Martínez Berriochoa. “También por la importancia que tiene el consumidor, que con sus decisiones diarias de compra, es capaz de condicionar las prácticas de los sectores productivos y distribuidores. En definitiva, la alimentación que cotidianamente practicamos determina toda la cadena alimentaria y tiene una clara influencia en los retos de salud pública a futuro”.

La publicación EROSKI CONSUMER es el medio de comunicación líder en información relacionada con el consumo en habla castellana. Disponible a través de  su revista gratuita mensual con una tirada de 180.000 ejemplares y de su web www.consumer.es, con más de 6 millones de visitas mensuales y más de 1 millón de descargas de sus distintas aplicaciones para móviles, constituye una referencia imprescindible de información veraz y contrastada en relación a la práctica de una alimentación equilibrada y unos hábitos de vida saludables, la vida en compañía de mascotas y los cuidados a bebés. La revista EROSKI CONSUMER está, además, disponible en otros idiomas como euskera, catalán y gallego.

También EROSKI ha sido pionera en la transparencia informativa sobre la calidad nutricional de sus alimentos de marca propia con la implantación de un avanzado etiquetado, el “Semáforo Nutricional”, a través del cual los consumidores tienen la información precisa en el frontal del envase para valorar la calidad nutricional de cada producto a partir de su contenido – bajo (verde), medio (amarillo), alto (naranja) – de azúcar, grasa, grasa saturada y azúcar.

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

Source: Eroski

EROSKI inaugura en Laguna de Duero su primera franquicia en 2017

  • EROSKI aporta su modelo comercial “contigo” y La Salve, empresa con gran arraigo en Valladolid, su conocimiento del mercado
  • La política comercial de EROSKI potencia al máximo las economías locales para crear riqueza en el entorno contribuyendo al desarrollo agroalimentario y económico-social

ELORRIO,España, 2017-Feb-03 — /EPR Retail News/ — EROSKI ha inaugurado hoy en Laguna de Duero (Valladolid) su primera franquicia en 2017. Se trata de una apertura en colaboración con la empresa de supermercados La Salve. El establecimiento, bajo la enseña EROSKI/city, responde al modelo comercial “contigo” por el que apuesta EROSKI y cuyos ejes son un trato más personalizado al cliente, una fuerte apuesta por los productos locales y frescos de temporada, la promoción de la alimentación saludable y nuevas formas para ahorrar en la compra diaria. Se trata de la segunda franquicia de EROSKI en la provincia de Valladolid.

“Hemos abierto esta franquicia junto a la empresa de supermercados La Salve, con quien confiamos iniciar así una colaboración a largo plazo. La Salve es una compañía arraigada en Valladolid desde hace muchos años, que conoce su mercado y se adapta perfectamente al mismo. La idea es aportar lo mejor de cada empresa y ofrecer en el mercado una oferta comercial conjunta más fuerte”, ha señalado el director de franquicias de EROSKI, Enrique Martínez. Supermercados La Salve es una empresa fundada en 1982 y que cuenta con 18 establecimientos en Valladolid, Segovia y Ávila.

El supermercado dispone de un surtido de 3.500 productos de marcas de fabricantes líderes, marcas propias y productores locales en sus 240 metros cuadrados de superficie. Asimismo, cuenta con una amplia oferta de alimentos frescos, especialmente frutas y verduras locales de temporada, y las referencias saludables ganan peso con un surtido más amplio, que incluye una sección de productos ecológicos y dietética. Los clientes disponen de pan horneado en el propio establecimiento diariamente para garantizar la máxima frescura.

Las ofertas y promociones se sucederán cada mes para favorecer el ahorro de los consumidores. Una apuesta por el ahorro que tiene su máximo exponente en EROSKI Club, el programa de relación de los Socios-Cliente con la marca, que ofrece descuentos hasta del 15% en más de 2.500 productos, así como promociones y ofertas exclusivas, además de todas las ventajas del programa Travel Club. Más de 36.000 vallisoletanos son Socios-Cliente de la cooperativa y disfrutan ya de las ventajas de EROSKI Club.

Creación de cuatro puestos de trabajo

La apertura del establecimiento ha supuesto la creación de cuatro puestos de trabajo. “En un momento en el que el paro es el principal problema en nuestro entorno, la franquicia es una fórmula exitosa para la generación de empleo. En EROSKI recibimos una media de 500 llamadas mensuales de personas interesadas en poner en marcha un supermercado. Nuestra cultura cooperativa de autogestión encaja perfectamente con la filosofía de los emprendedores que apuestan por la creación de su propia empresa y buscan el respaldo de profesionales de amplia experiencia y de una marca de confianza”, ha señalado el director de franquicias de EROSKI.

Compras anuales de 143 millones de euros en Castilla y León

La política comercial de EROSKI potencia al máximo las economías locales para crear riqueza en el entorno contribuyendo al desarrollo agroalimentario y económico-social. En este sentido la cooperativa trabaja con 588 proveedores de Castilla y Leon. En las tiendas EROSKI pueden encontrarse hasta 453 referencias de productos de la región. Las compras anuales de la cooperativa en esta comunidad ascienden a 143 millones de euros.

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

Source: Eroski

Co-op Community Spaces Program now open for applications

Saskatoon, SK, 2017-Feb-03 — /EPR Retail News/ — Applications for funding from the Co-op Community Spaces Program are now being accepted. Registered non-profit organizations, registered charities or community service co-operatives are invited to apply online at communityspaces.ca between Feb. 1 and March 1, 2017.

Co-op Community Spaces supports projects in Western Canada dedicated to recreation, environmental conservation and urban agriculture with funding between $25,000 and $150,000, up from $100,000 in 2016. Co-op will increase total funding to $2 million in 2017, up from $1.5 million last year.

“The need to support community-led initiatives remains high in light of the economic slowdown in Western Canada,” said Vic Huard, Executive Vice-President of Strategy at Federated Co-operatives Limited (FCL). “Co-op will continue to give back and invest in our communities. Co-op Community Spaces provides the opportunity to celebrate Western Canadian communities and the efforts of the people behind important local projects.”

The program was launched in 2015 to help protect, beautify and improve local spaces. Since then, it has provided $2.5 million to 37 projects, including as parks, greenhouses and sports fields. Administered by FCL on behalf of the Co-operative Retailing System (CRS), registered non-profit organizations, registered charities or community service co-operatives are invited to apply online between Feb. 1 and March 1, 2017.

Share & win

Co-op is looking to fund great community projects in Western Canada and you can help. Tell your friends and local community groups about Co-op Community Spaces by Feb. 15 for a chance to win a $500 CO-OP® Gift Card.

To learn more about Community Spaces, apply for funding or enter the contest, please visit communityspaces.ca.

Contact:
PHONE: 306.244.3311
FAX: 306.244.3403

Source: Co-op

RILA joins trade associations and businesses to launch Americans for Affordable Products campaign to stop border adjustable tax

National Campaign To Educate Lawmakers On Harmful Impact Of Proposed New Tax​

Arlington , VA, 2017-Feb-03 — /EPR Retail News/ — Today (2/1/2017), the Retail Industry Leaders Association (RILA) joined more than 120 other trade associations and businesses to launch Americans for Affordable Products, a national campaign to stop the border adjustable tax or BAT. The diverse coalition will focus on educating lawmakers on the harmful impact of the new tax, specifically the resulting higher costs consumers will face on family essentials, such as food, gas and clothing. The border adjustable tax is a component of the tax reform proposal under consideration in the U.S. House of Representatives.

“The retail industry pays among the highest effective tax rates of all industries. We, therefore, enthusiastically support reforming the current tax code and welcome the fact that both the President and Congress do so as well,” said RILA President Sandy Kennedy. “However, the border adjustable tax is harmful, untested, and would put American retail jobs at risk and force consumers to pay as much as 20 percent more for family essentials. We are committed to working with Congress to ensure they understand the impact of this proposal and to pursue tax reform that reduces rates and benefits consumers and retailers alike.”

RILA has long supported comprehensive tax reform. While the House Republican Tax Reform Blueprint contains some important elements, specifically reducing the corporate tax rate to a globally-competitive 20% and the territorial tax approach, the inclusion of a border adjustable tax will significantly hurt retail customers.

The BAT would impose a 20 percent tax on all imported goods. Taxing imports would have a disproportionate impact on U.S. retailers, who by necessity import many of the items that they sell.  A border adjustable tax will force higher prices on consumer staples such as food, medicine, clothing, electronics, and home improvement items.

To learn more about the BAT and Americans for Affordable Products visit www.KeepAmericaAffordable.com

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

Contact:

Brian Dodge
Senior Executive Vice President, Public Affairs
Phone: 703-600-2017
Email: brian.dodge@rila.org

Source: RILA

Stradivarius features British model George Alsford for its new men’s fashion line

Stradivarius features British model George Alsford for its new men’s fashion line

 

Arteixo, Spain, 2017-Feb-03 — /EPR Retail News/ — The first Stradivarius men’s fashion line is on sale in stores in 17 international markets as well as 22 out of all the online markets where it operates. The Stradivarius Man collection appears in newly designed areas of Inditex Group flagship stores and will continue to spread to new stores in the coming months.

The first Stradivarius Man collection has been created for young men, who like fashion and are looking for ways to use it to express their personality and style, without sacrificing comfort. Divided into three blocks, it offers clothes for any time of day and any activity. Smart includes the most cosmopolitan part of the collection, providing simple clothes with fine lines and sober colours. Casual looks, dominated by natural fibres and neutral colours, are included in Cotton, while the Denim line, a historical reference for Stradivarius, includes innovative denim fabrics and patterns.

George Alsford, the British model providing the image for the launch, is the first to represent Stradivarius Man’s values and philosophy. “I define myself a gentleman with a rascal edge,” he said in the online video presentation of the line.

To celebrate the launch, Stradivarius will give a 20% discount to subscribers of the Stradivarius Man newsletter between 1 and 5 February.

Stradivarius around the world
Stradivarius is a new Inditex Group brand shaped every day by its love of fashion, style and originality. The latest trends, strongly influenced by denim garments and romantic styles, can be found in its stores, which are wonderful places for a unique shopping experience. Stradivarius can be found in 64 countries and has a thousand stores around the world. In 2011, it launched its first online store, now serving more than 31 countries.

Contact:

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

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

Source: Inditex

###

Wesfarmers Group opens its first Bunnings Warehouse store in the UK and Ireland

Wesfarmers Group opens its first Bunnings Warehouse store in the UK and Ireland
  • New home improvement and garden store with over 30,000 products opens
  • Bunnings brings famous fundraising ‘Sausage Sizzle’ to the UK
  • On track to open at least four pilot stores by June, creating 120 jobs
  • England rugby union legend Kyran Bracken joins opening ceremony celebrations

Perth, Australia, 2017-Feb-03 — /EPR Retail News/ — The first Bunnings Warehouse store in the UK and Ireland opened its doors to customers today (Thursday 2 February) in St. Albans, Hertfordshire.

The pilot store, on the site of the former Homebase in Griffiths Way, is a major step towards establishing the Bunnings Warehouse format in the UK’s £38 billion-a-year home improvement and garden market.

Bunnings, the leading retailer of home improvement and outdoor living products in Australia and New Zealand, acquired Homebase for £340 million in February 2016.

The company, part of Australia’s Wesfarmers Group, plans to invest up to £500million rolling out the Bunnings Warehouse format in the UK and Ireland over the next three to five years.

The St. Albans store is 67,000 square feet and employs 68 people, almost double the workforce of the previous Homebase store. A third of team members are aged over 50, and include former plumbers, painters, electricians and landscape gardeners, as well as other trades people, who, after extensive training, are perfectly placed to offer customers a helping hand and expert advice on any home or garden project.

The store stocks more than 30,000 different home and garden lines – a 40% increase compared with the average Homebase. It features timber cutting, a new inspiring tool shop offering world leading brands including Ryobi and DeWalt, a ‘colour wall’ with over 3,000 colour tiles – as well as paint mixing from Johnstone’s Trade, Crown and Dulux offering an unlimited paint colour choice to customers.

There is also a 19,000 square feet garden centre and a dedicated DIY workshop area, where the whole family can learn skills from wallpaper hanging to tile cutting. And if you need a rest, the new store also has a café and indoor children’s playground.

To celebrate the opening Bunnings introduced its famous fundraising ‘Sausage Sizzle’ to the UK with Peter ‘PJ’ Davis, managing director of Bunnings UK and Ireland, cooking breakfast for team members.

He said: “It’s great to be able to give people a taste of what Bunnings is all about.

“Our policy is to offer customers the lowest prices, the widest range and best service, and hopefully our first pilot store demonstrates that.

“I want to say a huge ‘thank you’ to everybody who helped get us to this momentous day.

“A second Bunnings Warehouse store in Hatfield Road, St. Albans will open in April and we are on track to have at least four pilots up and running by the summer. We are laying strong foundations on which to build the Bunnings Warehouse business in the UK and Ireland for generations to come.”

Complex Manager Andy Kenwrick, said: “The team has worked incredibly hard over the past three months to transform the store. They have had more than 3,000 hours training on everything from timber and key cutting to product knowledge and health and safety. We’ve even trained our own baristas for the café. Now we just can’t wait to get started.”

Former England Rugby Union scrum-half Kyran Bracken MBE, a member of the England squad that won the World Cup in 2003 and now 1st Team coach at St. Albans School, joined the celebrations.

He said: “It’s great that Bunnings, which is such an iconic business in Australia, has chosen St. Albans as the location for its first two stores in the UK and Ireland. I’m sure they will be a huge success.”

For further information, please contact:

Claire Abercrombie
PR Manager
Claire.abercrombie@homebase.co.uk
01908 352460 or 07753 310573

Clinton Manning
Bell Pottinger
cmanning@bellpottinger.com
0203 772 2560 or 07711 972662

Anna Legge
Bell Pottinger
alegge@bellpottinger.com
0203 772 2559 or 07920 592215

Source: Wesfarmers Group

###

2017 NACS/Nielsen Convenience Industry Store Count: 154,535 stores in U.S. as of December 31, 2016; 0.2% increase vs. last year

​ALEXANDRIA, VA, 2017-Feb-03 — /EPR Retail News/ — The U.S. convenience store count increased to a record 154,535 stores as of December 31, 2016, a 0.2% increase (340 stores) from the year prior, according to the 2017 NACS/Nielsen Convenience Industry Store Count.

The industry store count has increased by 63% over the last three decades. At year-end 1986, the convenience store count was 95,000 stores, at year-end 1996 the store count was 104,600 stores and at year-end 2006 the store count was 145,119 stores. Over that time frame, there have only been five times when the store count did not set a record; the latest being year-end 2008 and 2009 during the Great Recession.

“Nielsen data shows that the U.S. convenience store channel continues to be an industry of opportunity, said Rob Hill, EVP of retail services at Nielsen.  “The current consumer climate has created favorable conditions for c-store sales growth, contributing to a positive, long-term outlook. Nielsen understands the importance of the Convenience channel and is committed to accurately track Convenience store growth for our partners and clients, both chains and independent stores.”

Within the retail universe that Nielsen tracks, convenience stores account for more than one third (34.1%) of all outlets in the United States. In fact, the convenience store count alone is 25% higher than the combined store counts of superettes, supermarket and supercenters (51,191 stores), drug stores (43,636 stores) and dollar stores (28,832 stores).

Overall, 80.1% of convenience stores (123,807) sell motor fuels, a decrease of 0.6% (or 567 stores) from 2016, with the single-store motor fuel segment dropping by 604 stores. “This decline could be something to watch: It’s likely that some stores have stopped selling gas for reasons such as the cost of PCI compliance, competition from QSRs, as well as industry consolidation,” said Bob Swanson, director of research and statistics for NACS.

The convenience retailing industry continues to be dominated by single-store operators, which account for 63.1% of all convenience stores (97,504 stores total) and 42.6% of store growth in 2016. A small operator himself, NACS 2016-17 Chairman Rahim Budhwani, CEO of Hoover, Alabama-based 6040 LLC, stated, “Our continued annual growth in store count shows that our industry’s core offer of convenience strongly resonates with time-starved customers, while our channel continues to innovate with new formats and offers to stay relevant and vibrant.”

Among the states, Texas continues to lead in store count with 15,671 stores—or more than one in 10 stores in the country. The rest of the top 10 states for convenience stores are California (11,774), Florida (9,930), New York (8,570), Georgia (6,761), North Carolina (6,306), Ohio (5,635), Michigan (4,833), Pennsylvania (4,787), and Illinois (4,737). As overall growth in the channel was fairly small during 2016, 23 states experienced declines in total store count from the prior year.

The bottom three states in terms of store count are Alaska (217 stores), Delaware (348), and Wyoming (354).

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 154,000 stores across the country, conducts 160 million transactions a day, sells 80% of the fuel purchased in the country and had total sales of $575 billion in 2015. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

Source: NACS

NACS welcomes the reintroduction of legislation on menu labeling regulations

WASHINGTON, D.C., 2017-Feb-03 — /EPR Retail News/ — The National Association of Convenience Stores (NACS) today (2/2/2017) applauded the reintroduction of legislation to protect small businesses and their workers from the unreasonable burdens and potential criminal penalties of the Food and Drug Administration’s final menu labeling regulations.

The Common Sense Nutrition Disclosure Act, reintroduced by Representatives Cathy McMorris-Rodgers (R-WA 5) and Tony Cardenas (D-CA 29) in the U.S. House of Representatives (H.R. 772) and Senators Roy Blunt (R-MO) and Angus King (I-ME) in the U.S. Senate (S. 261), provides a more practical and flexible approach to regulations finalized in 2014 by the FDA. The FDA is due to begin enforcing the current regulations on May 5, 2017.

“We need some common-sense relief to the FDA’s menu labeling requirements so that it is reasonable and achievable for local convenience stores, grocery stores, restaurants, and others that sell food.  Small businesses are already having to spend money trying to comply with difficult and unworkable regulations.  I am pleased to introduce this bill that recognizes the importance of menu labeling, but more importantly recognizes that there needs to be flexibility for businesses so they can provide important nutritional information to customers in the most useful way,” said U.S. Senator Roy Blunt (R-MO).

Representative Cathy McMorris Rodgers (R-WA-05) also weighed in: “Whether you buy food at the local convenience store or eat out at the neighborhood diner, you should have access to important nutritional information. The FDA’s one-size-fits-all approach places additional burdens on the backs of our nation’s small business owners without giving them the flexibility they need to comply with the regulations. How businesses provide that information should be consistent with how their customers actually place orders—including by phone, online or through mobile apps. By bringing this rule into the 21st Century, we can provide relief to our job creators and preserve important nutritional information for American families at the same time.”

NACS has called for rapid action by Congress and the new administration as the May 5 compliance deadline nears. Lyle Beckwith, NACS senior vice president of government relations, stated, “It is critical that Congress and the new administration act quickly before the May 5 compliance deadline to provide for common-sense, simpler menu-labeling regulations that would ensure more nutritional information and choice for consumers—without exposing small businesses to burdensome costs and penalties and their employees to potential felony prosecution for accidentally putting too many pickles in a sandwich.”

The current FDA menu-labeling regulations create rigid requirements that do not take into account the differences in approach to foodservice between big-chain restaurants and convenience stores, grocery stores and delivery operations.  In particular, the FDA regulations added unfair costs and compliance barriers to establishments with offerings that do not appear on a centralized “menu” board and establishments that may have multiple coffee, frozen drink and food islands as opposed to the central ordering point in a traditional fast food restaurant.  The regulations also place a store or restaurant at risk for criminal penalties if it gives some customers larger servings than they expected based on the calorie information provided.

The Common Sense Nutrition Disclosure Act, which passed the House last year by a strong bipartisan vote of 266–144, maintains but modifies FDA’s menu-labeling regulations so businesses may provide nutritional information to customers in a more practical format. The legislation protects small businesses from overly burdensome costs and penalties, while also removing the possibility of criminal penalties.

Convenience store foodservice sales have risen to $42 billion a year—now accounting for nearly 19% of total in-store revenues—as busy customers look for fast and healthier options to go.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 154,000 stores across the country, conducts 160 million transactions a day, sells 80% of the fuel purchased in the country and had total sales of $575 billion in 2015. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

Source: NACS

Gap celebrates the past and the present with the launch its limited-edition collection – the ‘90’s Archive Re-Issue

GAP PAYS HOMAGE TO THE PAST AND CELEBRATES EMERGING TALENT WITH RUMER WILLIS, COCO GORDON, EVAN ROSS, CHELSEA TYLER, LIZZY JAGGER, TJ MIZELL AND NAOMI CAMPBELL

NEW YORK, 2017-Feb-03 — /EPR Retail News/ — Gap, the American clothing brand, announces the launch of a limited-edition collection – the ‘90’s Archive Re-Issue – for men and women featuring iconic styles from the ‘90’s including the Bodysuit, Reverse Fit and Easy Fit Denim, Pleated Khakis and the timeless Pocket Tee, available online and in select stores globally starting February 7.

To launch the collection, Gap collaborated with director Kevin Calero to create ‘Generation Gap,’ a film that is the ultimate contemporary homage to the iconic Gap ads of the ‘90’s with references to “Mellow Yellow,” “Crazy Little Thing Called Love” and “Just Can’t Get Enough” and updated with a modern twist. ‘Generation Gap’ features a roll call of emerging talent cast from the offspring of stars of the iconic Gap ‘90s ads with a special cameo from the timeless icon and Gap alumni Naomi Campbell wearing the iconic pocket tee that she modeled in 1992 for her Steven Meisel shoot. Set to an a capella version of the 1992 Billboard music #1 hit ‘All 4 Love’ by Color me Badd, ‘Generation Gap’ is a nod to the past and a celebration of the next generation as they reimagine the iconic Gap looks in their own unique style.

“The ‘90’s is having a sartorial moment and we have an archive of pieces that set the tone for that decade commercially and culturally, so it seemed right to re-issue some of those pieces and the stories that come with them,” said Craig Brommers, chief marketing officer for Gap. “‘Generation Gap’ came together in a celebration of who was with us then and who we are with now – it has, at its heart, that simple truth that we can take from the past but also celebrate our future.”

The ‘Generation Gap’ cast includes:

  • Model Lizzy Jagger, daughter of Jerry Hall, wears her take on the classic black Bodysuit that her mother flaunted in 1991.
  • “The classic look for anyone is not just a ‘90’s look. The white t-shirt and jeans look has gone through the decades and is still around, and I think of that as being really Gap,” said Jagger.
  • DJ TJ Mizell, son of Jam Master Jay of Run DMC, wears the iconic Gap Logo Sweatshirt that his father wore in the “Original Fit Jeans” commercial in 1990.
  • “I feel honored. Being part of anything Run DMC is a huge honor for me and being able to back up my father’s legacy with Gap,” said Mizell.
  • Actor Evan Ross, son of Diana Ross, wears the sleeveless Logo Tee as a tribute to his mother who wore a simple tank in her 1991 ad.
  • “Gap can transcend all eras. It still feels relevant. It looks like what we would be wearing right now… it is at the cusp of what we’re doing right now,” said Ross.
  • Singer Chelsea Tyler, daughter of Steven Tyler, wears the sleeveless Tee and Reverse Pleated Jeans channeling her dad’s “Easy Fit Jeans” commercial from 1997.
  • “Gap is taking something so classic that we all know and is so quintessential in our minds but has a new spin and current feeling to it,” said Tyler.
  • Singer Rumer Willis, daughter of Demi Moore, wears the Cropped Denim Jacket, similar to the one her mother wore in her 1990 ad, with the Henley Bodysuit.
  • “Gap was really the first brand to come out of the box… and do different and interesting things,” said Willis.
  • Artist Coco Gordon, daughter of Kim Gordon who wore the Pocket Tee in her 1990 ad, wears the navy Icon Leather Jacket, black short-sleeve Mockneck Tee and High Rise Denim Short in the film.
  • “My mom always bought me Gap clothes… we definitely went to the Gap for my cool clothes.”
  • Model Actress & Activist Naomi Campbell, who was shot wearing the Pocket Tee in her 1992 ad by Steven Meisel, wears the Pocket Tee re-issue in the film.
  • “It’s an honor to be here, in the same outfit that I wore twenty years ago in my Gap ad,” said Campbell. “The creativity in the ‘90s is something I’m so grateful that I got to be a part of and to see and to learn from and to draw inspiration from.”

“I was a ‘Gap kid’ so when the call came through to re-interpret the legendary ‘90’s Gap campaigns, it was a dream come true,” says ‘Generation Gap’ director Kevin Calero. “The ‘90’s ads set the tone for a whole stream of fashion attitudes and moments. I don’t think many other brands could pull off this sort of film with authenticity and heart.”

For further information on the collection and to view ‘Generation Gap’ go to Gap.com.

About Gap

Gap is one of the world’s most iconic apparel and accessories brands and the authority on American casual style.  Founded in San Francisco in 1969, Gap’s collections are designed to build the foundation of modern wardrobes – all things denim, classic white shirts, khakis and must-have trends.  Beginning with the first international store in London in 1987, Gap continues to connect with customers online and across the brand’s about 1,700 company-operated and franchise retail locations around the world. Gap includes Women’s and Men’s apparel and accessories, GapKids, babyGap, GapMaternity, GapBody and GapFit collections.  The brand also serves value-conscious customers with exclusively-designed collections for Gap Outlet and Gap Factory Stores.  Gap is the namesake brand for leading global specialty retailer, Gap Inc. (NYSE: GPS) which includes Gap, Banana Republic, Old Navy, Athleta and Intermix. For more information, please visit http://gap.com/archivereissue

Investor information:

investor_relations@gap.com
650-952-4400

Source: Gap Inc.

Kimco Realty Corp. closed on a new $2.25 billion unsecured revolving credit facility with 19 lending institutions

NEW HYDE PARK, N.Y., 2017-Feb-03 — /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM), one of North America’s largest publicly traded owner and operator of open air shopping centers, announced that it has closed on a new $2.25 billion unsecured revolving credit facility with commitments from 19 lending institutions, replacing the company’s existing $1.75 billion unsecured credit facility. The new facility is scheduled to mature on March 17, 2021 (or March 17, 2022 if Kimco exercises two six-month options to extend the maturity date). Interest on borrowings accrues at an annual rate of LIBOR plus 87.5 basis points. In addition, the facility includes a $500 million sub-limit which provides the company the opportunity to borrow in alternative currencies including Canadian dollars, British pounds sterling, Japanese yen or euros.

“The strength of Kimco’s balance sheet continues to be demonstrated by the company’s ability to access capital at highly competitive terms,” said Glenn G. Cohen, Kimco executive vice president, CFO and treasurer. This new credit facility will provide the financial flexibility and liquidity necessary to pursue our 2020 Vision over the next several years. We are grateful to our bank group and the valuable role they play in helping us achieve these goals.”

JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, PNC Capital Markets LLC and RBC Capital Markets served as Joint Bookrunners, JPMorgan Chase Bank, N.A. served as Administrative Agent, and JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, PNC Capital Markets LLC, RBC Capital Markets, The Bank of Nova Scotia, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Mizuho Bank, Ltd., Regions Capital Markets, U.S. Bank National Association, Barclays Bank PLC and Deutsche Bank Securities Inc. served as Joint Lead Arrangers.

ABOUT KIMCO

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North America’s largest publicly traded owner and operator of open-air shopping centers. As of September 30, 2016, the company owned interests in 534 U.S. shopping centers comprising 86 million square feet of leasable space across 35 states and Puerto Rico. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

Contact:
David F. Bujnicki
1-866-831-4297
Senior Vice President
Investor Relations and Strategy
dbujnicki@kimcorealty.com

Source: Kimco Realty Corporation

CarMax celebrates the grand opening of its new store in Palmdale, Los Angeles area

Company announces $15,000 in contributions to two local organizations

RICHMOND, Virginia, 2017-Feb-03 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today (February 1, 2017) celebrated the grand opening of its new store in Palmdale, located at 405 W. Technology Drive. The Palmdale CarMax will have the capacity to stock approximately 200 used vehicles of nearly every make and model, and has brought more than 60 new jobs to the area.

The Palmdale store is one of two new stores opening this month in the Los Angeles area. CarMax is opening the company’s largest multi-purpose facility on the West Coast in Murrieta later this month. This location will serve as a reconditioning hub that will feed inventory to several of the company’s stores in southern California. The location will also house CarMax’s largest auctions facility on the West Coast. Together, the Palmdale and Murrieta stores have brought more than 300 jobs to the Los Angeles region.

In celebration of the Palmdale store opening, CarMax donated $5,000 to the Antelope Valley Boys & Girls Club in Lancaster. CarMax associates recently volunteered with the Boys & Girls Club and nominated the organization to receive the donation.

The CarMax Foundation is also providing a $10,000 grant to the YMCA of Metro Los Angeles, Antelope Valley. Funding from the grant will provide art and STEM supplies, healthy snacks and aquatic programing for area youth. Support for the YMCA also came at the recommendation of the Palmdale associates, who enjoyed volunteering with this organization as well.

“CarMax associates are really passionate about giving back to our local communities and we look forward to participating in more opportunities with the YMCA and Boys & Girls Club,” said Arnold Chaparro, location general manager at CarMax Palmdale. “The Palmdale community and city leaders have been so welcoming of CarMax and we look forward to serving customers here with the easy, no-haggle CarMax experience.”

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our nearly 50,000 vehicles nationwide. In addition, we stand behind our vehicles with a 5-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ). The CarMax Foundation has granted more than $35 million on behalf of associates across the country since 2003.

About CarMax
CarMax is the nation’s largest retailer of used cars and operates 170 stores in 39 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 20 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has more than 23,000 associates nationwide and for 12 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 29, 2016, the company retailed 619,936 used cars and sold 394,437 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts:
Lindsey Duke
CarMax Public Relations
PR@CarMax.com
Twitter: @CarMax
Facebook: facebook.com/CarMax

Source: CarMax

NGA applauds introduction of the Common Sense Nutrition Disclosure Act of 2017

Arlington, VA, 2017-Feb-03 — /EPR Retail News/ — The National Grocers Association (NGA) today (Feb 2, 2017) applauded the introduction of the Common Sense Nutrition Disclosure Act of 2017 (H.R. 772, S. 261), a bipartisan bill that clarifies the U.S. Food and Drug Administration’s (FDA) final rule regarding menu labeling at restaurants and similar retail food establishments, which includes grocery stores with 20 or more locations. The bill is sponsored by U.S. Representatives Cathy McMorris Rodgers (R-WA) and Tony Cardenas (D-CA) in the House, and Senators Roy Blunt (R-MO) and Senator Angus King (I-ME) in the Senate.

“Independent supermarket operators are committed to providing their customers with transparent information about the products they sell, however grocers continue to face challenges and uncertainty with implementing a regulation that was originally designed for chain restaurants. The Common Sense Nutrition Disclosure Act provides the needed flexibility in how nutritional information is disclosed to customers based on the different ways that foods are prepared and sold across various supermarket venues and formats. Additionally, the bill protects store associates who make inadvertent mistakes and provides stores with 90 days to take corrective steps prior to any enforcement action,” said NGA President and CEO Peter J. Larkin. “NGA applauds Representatives McMorris Rodgers and Cardenas and Senators Blunt and King for championing this important issue. We look forward to working with them and their colleagues in the House and Senate to advance this common sense legislative fix to an unworkable regulation.”

The FDA finalized menu labeling regulations at the direction of the Affordable Care Act in November of 2014. The regulations require that chain restaurants, similar retail food establishments and vending machines with 20 or more locations list caloric information on their menus and menu boards.  The regulation is set to go into effect on May 5, 2017. NGA has actively engaged with Members of Congress and the FDA throughout the regulatory process to ensure a workable solution for supermarkets.

Contact:

Tel: (703) 516-0700
Fax: (703) 516-0115

Source: NGA

Ruth’s Salads recalls Ruth’s Original Pimento Spread due to potential contamination of Listeria Monocytogenes

Charlotte, NC, 2017-Feb-03 — /EPR Retail News/ — Ruth’s Salads is undertaking a recall of Ruth’s Original Pimento Spread in 7oz plastic containers.  The product has the potential to be contaminated with Listeria Monocytogenes.

Consumers who have purchased this 7 oz Ruth’s Original Pimento Spread with the Lot #16, Sell By Date 4/30/2017 are urged to return the product to the place of purchase for a full refund.

The contamination was discovered during random testing by the NC Department of Agriculture.  Consumers with questions may contact the company at 800-532-0409 between the hours of 7AM and 3 PM Monday-Friday.  After hours, consumers may leave a message and your call will be returned as soon as possible.

Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, listeria infections can cause miscarriages and stillbirths among pregnant women.

No illnesses have been reported to date in connection with this problem.

The recalled product was distributed in grocery stores  in NC, SC, GA, and parts of Virginia and Tennessee.

Consumers Contact:

Bill Rudisill
brudisill@ruthsalad.com
800-532-0409
864-616-4504

Source: FDA

ALLERGY ALERT: Falafel King’s Tzatziki Sauce with undeclared milk

ALLERGY ALERT: Falafel King’s Tzatziki Sauce with undeclared milk

 

Boulder, Colorado, 2017-Feb-03 — /EPR Retail News/ — Falafel King of Boulder, Colorado is notifying the public that its containers of Tzatziki Sauce made with sour cream contains milk, a known allergen. People who have an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume these products.

Falafel King Tzatziki Sauce is distributed to retail stores in certain areas of Colorado, New Mexico, Utah, and Nebraska.

Falafel King Tzatziki Sauce is sold in a 10 ounce plastic container with a black rimmed lid with the UPC #822986-70015-2 and a “Sell By” date printed on the top label. The old label on this product will have a “Sell By” date prior to 03/04/17.

No illnesses have been reported to date in connection with our product.

This Allergy Alert was initiated to protect the consumers after it was discovered that the Tzatziki Sauce made with sour cream was distributed in packaging that did not declare the presence of milk.

Anyone with questions may contact the Falafel King Corporate office at 303-443-1346 and ask for Amnon Gilady, Owner, Monday-Friday, 9:00 a.m.–5:00 p.m. MST.

Attachment:  Falafel King Tzatziki Sauce Labeling / Previous and Revised

Consumers Contact:

Amnon Gilady
falafelkingent@aol.com
303-443-1346

Source: FDA

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Wegmans Food Market stores raised $1.74 million during its fall 2016 hunger relief checkout scanning campaign

ROCHESTER, NY, 2017-Feb-03 — /EPR Retail News/ — Customers of Wegmans Food Market stores raised $1.74 million during the company’s fall 2016 hunger relief checkout scanning campaign, known regionally as Check Out Hunger, Care About Hunger, or Food 2 Feed.

“We’re grateful for our customers and employees who demonstrate a shared commitment to making a difference in our communities by giving so generously during this campaign each year,” said Linda Lovejoy, Wegmans community relations manager. “Every dollar counts in the fight against hunger, and we can’t thank our customers and employees enough for helping us reduce the hunger that exists right in our own neighborhoods and communities.”

Check Out Hunger, Care About Hunger, and Food 2 Feed programs allow customers to donate $1, $2, $3, $5, or any other amount at checkout with 100% of the proceeds going to each store’s local food bank. The food banks that will receive donations are listed below with the amount raised, and in parentheses, the Wegmans stores that raised money for them:

Maryland

  • Anne Arundel County Food Bank – $12,917 (Crofton)
  • Frederick Community Action Agency – $9,471 (Frederick)
  • Harford Community Action Agency – $8,787 (Bel Air)
  • Howard County Community Action Council – $20,091 (Columbia)
  • Manna Food Center – $7,941 (Germantown)
  • Maryland Food Bank – $50,982(Hunt Valley and Owings Mills)
  • Shabach Ministries and Capital Area Food Bank – $6,644 (Woodmore)

New Jersey

  • Community Food Bank of New Jersey – $82,794 (Bridgewater and Woodbridge)
  • Food Bank of Monmouth & Ocean Counties – $98,463 (Ocean and Manalapan)
  • Food Bank of South Jersey – $68,049 (Cherry Hill and Mt. Laurel)
  • Mercer Street Friends – $46,587 (Princeton)

New York

  • Foodlink – $680,817 (21 stores in the Greater Rochester area)

Pennsylvania

  • Bucks County Opportunity Council – $21,765 (Warrington)
  • Chester County Food Bank – $146,262 (Downingtown and Malvern)
  • Cluster Outreach Center – $62,270 (Collegeville)
  • Manna on Main Street – $28,976 (Montgomeryville)
  • Philabundance – $50,462 (King of Prussia and Concordville)
  • Second Harvest Food Bank of Lehigh Valley & SE PA – $85,189 (Allentown, Bethlehem, and Nazareth)

Virginia

  • ACTS – $34,572 (Potomac Mills)
  • Capital Area Food Bank – $45,206 (Alexandria)
  • Food for Others – $65,363 (Fairfax)
  • Fredericksburg Area Food Bank – $17,026 (Fredericksburg)
  • Loudoun Interfaith Relief – $56,511 (Sterling and Leesburg)
  • SERVE – $32,873 (Lake Manassas)

The fall campaign ran from September through December 2016. The timing of annual checkout scanning campaigns varies by region. In 2016, all Wegmans stores raised a total of $2.88 million for hunger relief through scanning campaigns, and since these programs began in 1993, Wegmans has raised more than $32.5 million.

In addition to money raised for emergency food services in 2016, Wegmans also donated approximately 14.5 million pounds of food to local food banks, food pantries, and soup kitchens across all of its market areas.

Wegmans Food Markets, Inc. is a 92-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, recognized as an industry leader and innovator, celebrated its 100th anniversary in 2016. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 19 consecutive years, ranking #4 in 2016.

Press Contact:
Tracy Van Auker
Wegmans Media Relations Coordinator
585-429-3826
tracy.vanauker@wegmans.com

Source: Wegmans Food Markets, Inc.

X5 Retail Group and Internet Initiatives Development Fund announce retail partnership programme

Moscow, 2017-Feb-03 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today ( 2 February 2017) announces a strategic retail partnership programme with the Internet Initiatives Development Fund (IIDF) to test early-stage innovative projects and implement the best solutions in its business processes.

Under the partnership, the IIDF will set up a special retail track within its accelerator programme to give participating start-ups the opportunity to road-test their business models and multiply their growth. Applications may be submitted by companies offering products and services that can help streamline and improve the traditional shopping experience, personalise customer service, optimise logistics and shopping space layout, and increase conversion rates through synergies between online and offline sales.

Start-up companies completing the IIDF accelerator programme will be able to attract RUB 2 million to RUB 25 million in investment from the fund, and will have access to advice from Russia’s largest food retailer and the opportunity to test their business ideas on X5’s anonymised database of more than 3 billion purchases.

X5 will also launch projects to adopt high-potential start-up solutions in its business processes. Accelerator programme graduates and some mature names from the fund’s portfolio with an established track record will be invited to take part. The key requirement is for start-up products and services to be complementary to X5’s business strategy.

X5 CEO Igor Shekhterman said:

“Working with the IIDF will enable us to test and apply early-stage innovations, and to find new and unconventional solutions to deliver on our own objectives of focusing on operational improvements across the entire chain from suppliers to stores.”

IIDF CEO Kirill Varlamov said:

“Strategic partnership with X5 gives a strong competitive edge to start-ups in IIDF’s portfolio. Working with X5 gives founders access to industry-leading expertise at the very earliest stages, lets them test hypotheses on X5’s big data to deliver a perfect product-market fit, and once the pilot projects are completed will give them a successful case-study of working with Russia’s largest offline retailer.”

Until recently, investments in retail-tech start-ups disproportionately lagged the retail segment’s contribution to GDP worldwide: in 2015, global retail turnover was USD 22.6 trillion, while the traditional retail sector’s investment in start-up solutions has been low for many years. Digitisation unlocks opportunities for retailers to tap into and gain ground in new segments, and to build up competitive strengths and operating performance, and retailers worldwide are increasingly investing in retail-tech start-ups.

According to CB Insights, funding of traditional retail technologies is increasing around the globe, while online shopping technologies are attracting less money. In 2016, in-store investments exceeded projections and exceeded USD 800 million. In the past two years alone, global investments in retail-tech start-ups totaled over USD 2.3 billion, according to research from Tracxn.

Start-up projects providing solutions applicable in retail are increasing in number and technological diversity. In IIDF’s three-year history, the number of start-ups in the fund’s funnel developing products or services that can be successfully adopted by retail already numbers in the thousands, with more than half having applied for investment in 2016.

Self-checkout services to eliminate queues, maximum customisation of the product basket, smart loyalty programmes based on analysis of individual shopping histories using big data and machine learning – these and many other technologies will give retailers more precise insight into individuals’ shopping habits and help them tailor their offerings in terms of product mix and customer experience.

Note to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 31 December 2016, X5 had 9,187 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 8,363 Pyaterochka proximity stores, 539 Perekrestok supermarkets, 91 Karusel hypermarkets and 194 convenience stores. The Company operates 35 DCs and 2,318 Company-owned trucks across the Russian Federation.

For the full year 2015, revenue totalled RUB 808,818 mln (USD 13,268 mln), Adjusted EBITDA reached RUB 59,413 mln (USD 975 mln), and net profit for the period amounted to RUB 14,174 mln (USD 233 mln). In 9M 2016, revenue totaled RUB 739,491 mln (USD 11,443 mln), EBITDA reached RUB 56,361 mln (USD 872 mln), and net profit amounted to RUB 19,874 mln (USD 308 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.06%, treasury shares – 0.01%, free float – 37.64%.

Forward looking statements:

This announcement includes statements that are, or may be deemed to be, “forwardlooking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Retail Group N.V.’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Retail Group N.V. speak only as at the date of this announcement. Save as required by any applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

For further details please contact:

Maxim Novikov
Head of Investor Relations
Tel.:+7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 retail group

Ingles Markets First Quarter FY 2017 Results: Net sales increase of $31.7 million vS same period the previous year

ASHEVILLE, N.C., 2017-Feb-03 — /EPR Retail News/ — Ingles Markets, Incorporated (NASDAQ: IMKTA) today (February 2, 2017) reported higher sales and net income for the three months ended December 24, 2016, compared with the three months ended December 26, 2015. Total sales rose 3.3% over the comparative quarters. Net income totaled $13.8 million for the quarter ended December 24, 2016, compared with $13.0 million for the quarter ended December 26, 2015.

Robert P. Ingle II, Chairman of the Board, stated, “We are off to a good start this year with increased sales and net income, and have planned improvements to our store base in 2017 that we believe our customers will appreciate.”

First Quarter Results

Net sales totaled $982.8 million for the quarter ended December 24, 2016, compared with $951.1 million for the quarter ending December 26, 2015, an increase of $31.7 million. Comparable store sales, excluding gasoline, increased 1.8%. Gasoline gallons sold and the average price per gallon both increased comparing the December 2016 quarter with the December 2015 quarter. The number of customer transactions (excluding gasoline) increased 2.2%, while the comparable average transaction size (excluding gasoline) increased slightly compared with the same quarter last year.

Gross profit for the December 2016 quarter rose to $237.1 million, or 24.1% of sales. Retail gross margin (excluding gasoline) increased 50 basis points comparing the December 2016 quarter with the December 2015 quarter. Gross profit for the December 2015 quarter was $225.6 million, or 23.7% of sales.

Operating and administrative expenses for the December 2016 quarter totaled $206.3 million, compared with $194.1 million for the December 2015 quarter. Increased personnel costs accounted for much of the increase, as well as higher maintenance costs and bank charges.

Interest expense totaled $11.3 million for the three-month period ended December 24, 2016, compared with $12.0 million for the three-month period ended December 26, 2015. Total debt at the end of December 2016 was $900.2 million compared with $924.8 million at the end of December 2015.

Basic and diluted earnings per share for Class A Common Stock were $0.70 and $0.68, respectively, for the quarter ended December 24, 2016, compared with $0.66 and $0.64 per share, respectively, for the quarter ended December 26, 2015. Basic and diluted earnings per share for Class B Common Stock were each $0.64 for the quarter ended December 24, 2016, compared with $0.60 per basic and diluted Class B share for the quarter ended December 26, 2015.

Capital expenditures totaled $29.3 million for the December 2016 quarter, compared with $40.6 million for the December 2015 quarter. The decrease was primarily attributable to the timing of larger development projects and sites purchased in the previous year for future store development. During the twelve months ended December 2016, the Company opened two new stores, and closed one store that is currently being rebuilt. Total fiscal 2017 capital expenditures are expected to be between $100 million and $140 million.

The Company currently has a line of credit totaling $175.0 million, of which $140 million is currently available. The Company believes its financial resources, including this line of credit and other internal and anticipated external sources of funds, will be sufficient to meet planned capital expenditures, debt service and working capital requirements for the foreseeable future.

The comments in this press release contain certain forward-looking statements. Ingles undertakes no obligation to publicly release any revisions to any forward-looking statements contained herein to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events, except as required by law. Ingles’ actual results may differ materially from those projected in forward-looking statements made by, or on behalf of, Ingles. Factors that may affect results include changes in business and economic conditions generally in Ingles’ operating area, pricing pressures, increased competitive efforts by others in Ingles’ marketing areas and the availability of financing for capital improvements. A more detailed discussion of these factors may be found in reports filed by the Company with the Securities and Exchange Commission including its 2016 Form 10-K.

Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 202 supermarkets. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Company supermarkets and unaffiliated customers. The Company’s Class A Common Stock is traded on The NASDAQ Stock Market’s Global Select Market under the symbol IMKTA. For more information, visit Ingles’ website www.ingles-markets.com.

Contact:
Ron Freeman
Chief Financial Officer
(828) 669-2941 (Ext. 223)

Source: Ingles Markets, Incorporated

DFS Group granted the Whisky Ambassador Venue Accreditation at San Francisco International Airport

SAN FRANCISCO, 2017-Feb-03 — /EPR Retail News/ — DFS Group, in partnership with The Whisky Ambassador and 15PL Limited, has established DFS, San Francisco International Airport as the first-ever travel retailer in North America to be granted the Whisky Ambassador Venue Accreditation. The Whisky Ambassador program is the world’s first accredited training course focused solely on whisky that provides staff with the knowledge, skills and confidence to engage customers with Scotch whisky. Together with DFS’ own learning and development program DFS University, the Whisky Ambassador and 15PL Limited designed an in-depth training program exclusively for DFS employees to provide specialized assistance to travel retail customers across DFS’ wines and spirits stores at San Francisco International Airport.

“We are excited to partner with The Whisky Ambassador to bring our customers an inspiring and educational experience when shopping for the perfect whisky at DFS, San Francisco International Airport,” said Mark Sullivan, Managing Director, North America, DFS Group. “As interest in whisky grows, we want to provide all levels of customers – whether whisky novices or connoisseurs – with the highest level of service to meet their needs. We’re confident that our staff’s expertise and deep understanding of Scotch whisky, coupled with our fantastic product offering, DFS, San Francisco International Airport will continue to be world traveler’s preferred destination for wines and spirits.”

As the first travel retail location to receive this accreditation in North America and second worldwide after DFS, Singapore Changi International Airport, DFS Group is pioneering a new standard of service in the world of whisky. With Whisky Ambassadors on the sales floor, travelers at DFS, San Francisco International Airport can expect to indulge themselves in and learn about various whiskies from across the globe with tailored tastings for an even more personalized shopping experience.

Since January 2016, DFS Group has invested in the formal Whisky Ambassador training of Sales Associates across the globe to cultivate an innovative and exclusive educational experience in DFS stores. To complete the Whisky Ambassador program, DFS Sales Associates undergo extensive training on how whisky is made, tasting and nosing, the history of the drink, the economic impact and culture of whisky as well as customer service. The course was developed as part of DFS University’s School of Wines and Spirits and has been rolled out to DFS employees at Singapore Changi Airport, Hong Kong International Airport and San Francisco International Airport.

MEDIA CONTACTS:
press.enquiries@dfs.com

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DFS Group granted the Whisky Ambassador Venue Accreditation at San Francisco International Airport

 

Source: DFS Group

Kohl’s donates $750,000 to support the new Hunger Task Force MyPlate initiative

MENOMONEE FALLS, Wis, 2017-Feb-03 — /EPR Retail News/ — Kohl’s (NYSE: KSS) announced a donation of $750,000 to support the new Hunger Task Force MyPlate initiative, a healthy eating guide influenced by the USDA MyPlate food model. The program raises the awareness of incorporating all five food groups and encourages the public to be conscious of how their food donations impact healthy eating. Hunger Task Force has adopted this new food bank model to set higher standards for food donations.

“Kohl’s is proud to partner with Hunger Task Force to support the MyPlate model, which encourages the donation and consumption of healthy foods for deserving families,” said Jen Johnson, Kohl’s vice president of communications. “It’s a smart, simple approach that has a healthy impact on our community.”

The majority of Kohl’s funding will purchase nearly 700,000 pounds of food in 2017, including boxes of 1% dairy milk, cans of low-sodium green beans, bags of whole grain brown rice, naturally sweet canned pears and peaches in 100% juice, and pinto beans packed with plant-based protein. This purchased food will offset the substantial cost of supplying the Hunger Task Force network with the healthy, nutritious foods needed to stock MyPlate-certified pantries.

“Hunger Task Force is the first food bank in the country to operate under a healthy food model – the first MyPlate food bank,” said Sherrie Tussler, Hunger Task Force executive director. “We have set the standard on the importance of serving healthy food to the community, and this generous support from Kohl’s will help ensure we can provide nutritious foods to hungry Milwaukee families.”

Several food pantries within the Hunger Task Force network, including the Riverwest Food Pantry and Ebenezer Food Pantry and Clinic, are already operating under Hunger Task Force MyPlate guidelines. Hunger Task Force will be working with all of its network sites to implement the MyPlate model.

Kohl’s funding will also continue to support summer supper purchases. From June through August, the federal Summer Food Service Program provides mostly breakfast and lunch at summer meal sites, meaning many hungry children do not have access to healthy suppers. Hunger Task Force will direct Kohl’s funding to purchase nearly 65,000 summer suppers, ensuring that Milwaukee children in need who do not attend daycare or elementary school can receive three meals a day.

The donation is made possible through Kohl’s philanthropic program, Kohl’s Cares®, which sells children’s books and toys and donates 100 percent of the net profit to benefit children’s initiatives. More information about the Hunger Task Force MyPlate model is available here.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading specialty department store with more than 1,100 stores in 49 states. With a commitment to inspiring and empowering families to lead fulfilled lives, the company offers amazing national and exclusive brands, incredible savings and inspiring shopping experiences in-store, online at Kohls.com and via mobile devices. Committed to its communities, Kohl’s has raised nearly $300 million for children’s initiatives nationwide through its Kohl’s Cares® cause merchandise program, which operates under Kohl’s Cares, LLC, a wholly-owned subsidiary of Kohl’s Department Stores, Inc. For additional information about Kohl’s philanthropic and environmental initiatives, visit http://www.Kohls.com/Cares. For a list of store locations and information, or for the added convenience of shopping online, visit www.Kohls.com

Connect with Kohl’s:

Facebook (http://www.facebook.com/Kohls)
Twitter (http://twitter.com/Kohls)
Pinterest (http://pinterest.com/Kohls)
Instagram (http://instagram.com/Kohls)
YouTube (http://www.youtube.com/kohls)

About Hunger Task Force

Hunger Task Force believes that every person has a right to adequate food obtained with dignity. Hunger Task Force works to prevent hunger and malnutrition by providing food to people in need today and by promoting social policies to achieve a hunger free community tomorrow

Contact:

Ale DesJean
Kohl’s
Ale.DesJean@Kohls.com
262.703.2985

Sarah Kikkert
Hunger Task Force
Sarah.Kikkert@Hungertaskforce.org
414.238.6477

Source: Kohl’s

PetSmart Charities issued more than $11 million in grants to fund no-cost or low-cost spay and neuter surgeries across the United States and Canada

  • Grants will help facilitate more than 200,000 spay and neuter surgeries in local communities 
  • across North America to proactively prevent unplanned litters and reduce pet homelessness

PHOENIX, 2017-Feb-03 — /EPR Retail News/ — Pet overpopulation is a serious issue, but there are solutions.  February is National Spay and Neuter Awareness Month, and leaders in the animal welfare industry are aiming to raise awareness of the significant impact spay and neuter surgeries can have in reducing the overpopulation of pets.  PetSmart Charities, the leading funder of animal welfare in North America, is continuing its work in this area and today announced it has issued more than $11 million in grants to over 200 animal welfare organizations over the course of two months. The grants will help fund more than 200,000 no-cost or low-cost spay and neuter surgeries for pets in need – both owned and free-roaming – across the United States and Canada in 2017.

While spaying and neutering pets is essential to curbing unplanned litters, veterinary care is not always affordable nor accessible for all pet parents and families.  With these grants, animal welfare organizations in local communities across the continent will offer free or low-cost surgeries – about $20 – for a procedure that can traditionally cost as much as $100 or more.

“Spaying and neutering pets is key to reducing the number of pets entering shelters, lowering euthanasia rates and proactively preventing pet homelessness,” said David Haworth, DVM, Ph.D., president of PetSmart Charities. “By partnering with more than 200 animal welfare organizations, PetSmart Charities can help provide accessible spay and neuter services for pets and pet parents in need across North America.  This brings us one step closer to ending pet homelessness and finding lifelong, loving forever homes for all pets.”

PetSmart Charities provided the grants to more than 200 animal welfare organizations. Below are examples of the impact of this significant funding support across North America:

  • Altered Tails (Phoenix, Ariz.) received more than $300,000 to provide low-cost services for at-risk breeds, Pit Bulls, cats and Chihuahuas for $20.  Funding will also help cover critical vaccinations and support 4,450 surgeries at the organization’s facilities in Phoenix, Mesa and Tucson, Ariz.
  • Ontario Society for the Prevention of Cruelty to Animals (Newmarket, Ontario) will use $135,000 in grants to provide pet transfers, food, supplies, spay and neuter procedures and wellness services to pet parents in remote First Nations communities across Ontario, Canada.  The grant will support an estimated 250 pets in need.
  • Second Chance Animal Shelter (East Brookfield, Mass.) was awarded a grant for more than $180,000 to secure essential clinical equipment for its third subsidized veterinary clinic and low-cost spay and neuter program with the goal of assisting an estimated 2,500 pets.
  • Spay-Neuter Assistance Program, Inc. (SNAP) was awarded two PetSmart Charities spay and neuter grants. A grant of $158,000 will make it possible to provide an estimated 1,200 free spay/neuter surgeries for dog and cat companions of income-qualified residents of the Greater Houston Area. A second grant of $52,000 will fund approximately 500 free surgeries for residents in and around the San Antonio, Texas, metropolitan area.
  • University of Pennsylvania School of Veterinary Medicine (Philadelphia, Penn.) secured more than $450,000 to fund a three-year spay and neuter surgical program with Penn Vet’s Surgical Outreach Program. This grant will be used to secure a mobile clinic and nursing/technical staffing to execute surgeries for 4,000 rescue, shelter and community pets in need per year. In addition, the program is predicted to train at least 200 veterinary students per year while spearheading medical and education outreach to the community and shelters.

Thanks in large part to the support of generous PetSmart® shoppers who donate in stores using the pin pad at checkout, PetSmart Charities, along with its Canadian counterpart, PetSmart Charities™ of Canada, has contributed more than $300 million to date to directly help pets in need – more than any other funder of animal welfare in North America.  With the help of its animal welfare partners, the organization has funded more than 1.4 million spay and neuter surgeries in the U.S. since 2009.

In 2016, PetSmart Charities introduced a new focus on strategic grant-making and unveiled an expanded mission, allowing it to reach beyond its core efforts to end pet homelessness and help pets in need to include connecting pets and people.  In late February, the organization will unveil an enhanced online application process and its 2017 grant cycle calendar with more information on how to apply across 10 new grant categories.

For more information on how to make a donation to PetSmart Charities® and PetSmart Charities™ of Canada or to apply for a grant on behalf of a deserving animal welfare organization*, please visit PetSmartCharities.org or PetSmartCharities.ca.

*Must provide documentation verifying status as a 501(c)(3) organization for the US or registered charity in Canada.

About PetSmart Charities®

PetSmart Charities, Inc. is a nonprofit animal welfare organization that saves the lives of homeless pets.  Each year nearly 500,000 dogs and cats find homes through our adoption program in all PetSmart® stores across the U.S. and sponsored adoption events.  Each year millions of PetSmart shoppers contribute to PetSmart Charities to help pets in need by making donations on a pin pad at the register.  PetSmart Charities efficiently uses 90 cents of every dollar to support its mission of finding lifelong, loving homes for all pets.  PetSmart Charities grants more money to directly help pets in need than any other animal welfare group in North America, with a focus on funding adoption and spay/neuter programs that help communities solve pet overpopulation.  PetSmart Charities is a 501(c)(3) organization, independent from PetSmart, Inc.  PetSmart Charities has received the Four Star Rating for the past 13 years from Charity Navigator, an independent nonprofit that reports on the effectiveness, accountability and transparency of nonprofits, placing it among the top one percent of charities rated by this organization.

About PetSmart Charities™ of Canada

PetSmart Charities of Canada is a nonprofit animal welfare organization that saves the lives of homeless pets in Canada.  Each year more than 20,000 cats and dogs find Canadian homes through our adoption program in nearly all PetSmart stores across Canada and our sponsored adoption events. A leading funder of animal welfare, PetSmart Charities of Canada has granted more than $10 million to help pets in need with a funding focus on adoption, spay/neuter programs that help communities solve pet overpopulation, and providing emergency relief funding and supplies to pets and pet parents impacted by natural or man-made disasters.  PetSmart Charities of Canada is a registered charity, independent from PetSmart.

Contact:
Lauren Sawyer
lsawyer@petsmart.com
623-295-3238

PetSmart Media Line:
623-587-2177

Source: PetSmart Inc.