Daily Archives: February 10, 2017

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J. C. Penney Company, Inc. to release its fourth quarter and full year 2016 financial results on February 24, 2017

PLANO, Texas, 2017-Feb-10 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) announced today (Feb. 9, 2017) that it will release its fourth quarter and full year 2016 financial results on Friday, February 24, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chairman and Chief Executive Officer Marvin R. Ellison and Chief Financial Officer Ed Record that will begin at 8:30 a.m. ET.

To access the conference call, please dial (844) 243-9275, or (225) 283-0394 for international callers, and reference 66598627 conference ID or visit the Company’s investor relations website at http://ir.jcpenney.com. Supplemental slides will be available on the Company’s investor relations website approximately 10 minutes before the start of the conference call.

Telephone playback will be available for seven days beginning approximately two hours after the conclusion of the conference call by dialing (855) 859-2056, or (404) 537-3406 for international callers, and referencing 66598627 conference ID.

Investors and others should note that we currently announce material information using SEC filings, press releases, public conference calls and webcasts.  In the future, we will continue to use these channels to distribute material information about the Company and may also utilize our website and/or various social media to communicate important information about the Company, key personnel, new brands and services, trends, new marketing campaigns, corporate initiatives and other matters.  Information that we post on our website or on social media channels could be deemed material; therefore, we encourage investors, the media, our customers, business partners and others interested in our Company to review the information we post on our website as well as the following social media channels:

Facebook (https://www.facebook.com/jcp) and Twitter (https://twitter.com/jcpnews).

Any updates to the list of social media channels we may use to communicate material information will be posted on the investor relations page of the Company’s website at www.jcpenney.com.

About JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every customer’s shopping experience is worth her time, money and effort. Whether shopping jcp.com or visiting one of over 1,000 store locations across the United States and Puerto Rico, she will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands. Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

Media Relations:
(972) 431-3400
jcpnews@jcp.com

Investor Relations:
(972) 431-5500
jcpinvestorrelations@jcpenney.com

Source: J.C. Penney Corporation, Inc.

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Joe’s taps on top model Taylor Hill for its Spring 2017 campaign

Joe’s taps on top model Taylor Hill for its Spring 2017 campaign

 

LOS ANGELES, Calif., 2017-Feb-10 — /EPR Retail News/ — Joe’s unveiled its newest ad campaign starring top model and social media influencer Taylor Hill. The campaign marks the launch of a long-term partnership which features Taylor Hill as the new face of Joe’s in addition to a series of capsule collections, which she will co-design with the brand.

The Joe’s Spring ’17 campaign was shot by photographer and director Mario Sorrenti and styled by George Cortina in New York City. The creative team, led by Joe’s Founder and Creative Director Joe Dahan set out to depict a fresh and authentic vibe, highlighting the label’s newest denim silhouettes, knits, and outerwear offerings for women.

“As soon as we saw Taylor we knew she embodied the ultimate Joe’s girl – confident, feminine, and strong with a bit of rebellion,” explained Joe Dahan. “Beyond being the face of our brand, we are very much enjoying collaborating with her on the creative projects we have in the works that we will be unveiling later this spring.”

Suzy Biszantz, President and CEO of Joe’s added, “This is the first-time Joe’s is doing a capsule collection and we are thrilled to team up with Taylor. She brings a tremendous amount of energy and passion for craftsmanship, design and fabric and is the perfect partner to bring Joe’s newest offerings to life.”

The Spring campaign highlights the newest denim fits and washes from the label, which are available at leading retailers including Nordstrom, Saks Fifth Avenue, Bloomingdale’s and Neiman Marcus as well as at Joe’s freestanding boutiques and online at joesjeans.com.

“I’m super excited about the campaign launch,” said Hill. “Working with the team, and of course, Mario, has been an awesome process, and it’s amazing to see it live!”

Among the styles Taylor is photographed wearing are the Charlie high rise skinny crop jeans in Neelam wash and the Naomi tank in White Fawn paired with Cut-Off Shorts in Thula wash.

Jameel Spencer, Fashion Division President at Sequential Brands Group (Nasdaq:SQBG), owner of the Joe’s brand stated, “Our partnership with Taylor allows us to tap into the new generation of super focused, modern women and at the same time continue to grow the Joe’s brand by introducing incredible product and compelling content that speaks to our core consumer.”

Joe’s Spring campaign will launch in March across multiple digital platforms and outdoor advertising will run in Los Angeles, New York and Chicago. A campaign film and additional creative content will be featured on joesjeans.com.

ABOUT JOE’S
Founded in 2001 by Creative Director Joe Dahan, Joe’s redefines everyday style with its inherently LA sensibility and distinctive rock + roll point-of-view. With an emphasis on offering the perfect fit for everybody, the brand takes a revolutionary approach to denim and sophisticated classics, incorporating the very latest in technology to offer product that is beautiful, innovative and fits flawlessly.

A global brand, Joe’s is available coast to coast at fine department stores and specialty boutiques in the USA and internationally. In addition, Joe’s has 18 company-owned boutiques located in top domestic markets such as New York, Los Angeles and Miami.

Website: joesjeans.com // Instagram: @joesjeans

ABOUT SEQUENTIAL BRANDS GROUP, INC.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the home, active, and fashion categories, which includes the Joe’s brand. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

Media Contacts:

For Sequential Brands Group
Jaime Cassavechia
(212) 518-4771 x108

Source: Sequential Brands Group/globenewswire

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Auchan Retail announces the departure of its board chairman Vianney Mulliez; Régis Degelcke to succeed

Croix Cedex, France, 2017-Feb-10 — /EPR Retail News/ — Auchan Retail enters a new phase in its history as Chairman Vianney Mulliez hands over the reins to Régis Degelcke

After 11 years as Chairman of the Board, Vianney Mulliez felt it was time for Auchan Retail to take a new direction in the years ahead and has accordingly tendered his resignation to the Board of Directors.

The appointment of Régis Degelcke to replace Vianney Mulliez will be put to Auchan Retail’s Board of Directors and Auchan Holding Supervisory Board at the meeting on 8 March.

Source: Auchan Holdings

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DFS Group unveils the newly expanded T Galleria by DFS, City of Dreams in Macau

DFS Group unveils the newly expanded T Galleria by DFS, City of Dreams in Macau

 

MACAU, 2017-Feb-10 — /EPR Retail News/ — DFS Group, the world’s leading luxury travel retailer, unveiled the final phase of T Galleria by DFS, City of Dreams in Macau today (FEBRUARY 8, 2017), marking the culmination of a year-long expansion and delivering a strategically designed, exclusive and eye-opening lifestyle luxury shopping experience in the heart of Macau.

“T Galleria by DFS, City of Dreams brings travelers the breadth of a luxury shopping mall with the personalized service of a high-end department store. This innovative and audacious take on the retail experience is the final piece in what has been a spectacular year of excitement for DFS and our customers,” said Philippe Schaus, DFS Group Chairman and CEO. “T Galleria by DFS, City of Dreams has raised the bar in Macau, providing a curated and modern product selection across the major luxury categories and we look forward to delighting visitors to Macau with the DFS experience.”

Originally opened in 2009, T Galleria by DFS, City of Dreams expanded throughout 2016 to over three times its current size. Stretching across 173,000 square feet, the expanded T Galleria by DFS, City of Dreams is the fashion destination in Macau and introduced T Galleria by DFS’ first shoe hall globally. With over 50 men’s and women’s shoe brands across two floors, including exclusive-to-Macau brands such as Aquazzura and Rupert Sanderson, the shoe hall is the largest shoe floor in Hong Kong and Macau and a destination unto itself.

For fashion-lovers the experience continues with over 40 fashion and accessories brands, including Louis Vuitton, Dior, Prada, Miu Miu and Fendi. Men can also enjoy a dedicated multi-branded, lifestyle area that mixes ready-to-wear, accessories, shoes, watches and grooming all in one space to allow shoppers to complete a head-to-toe look with ease.

Beauty shoppers will love the expanded beauty offering, with two wings across 23,000 square feet and nearly 70 beauty and fragrance brands, making T Galleria by DFS, City of Dream’s beauty hall the largest in Southern China. Highlights include popular Korean brands Sulwhasoo, Laneige and HERA.

An expanded jewelry offering was also unveiled in December, bringing key luxury jewelry brands Tiffany & Co. and Van Cleef & Arpels to T Galleria by DFS, City of Dreams as well as new watches boutiques from Audemars Piguet and Vacheron Constantin.

T Galleria by DFS, City of Dreams is one of four T Galleria stores in Macau, including T Galleria by DFS, Shoppes at Four Seasons; T Galleria by DFS, Studio City; and the standalone beauty hall T Galleria Beauty by DFS, Galaxy Macau. The new T Galleria by DFS, City of Dreams store builds upon DFS Group’s recent expansion strategy which included the opening of T Galleria by DFS, Angkor in Siem Reap, Cambodia in June 2016 as well as DFS Group’s entry into Europe with the opening of T Fondaco dei Tedeschi by DFS in Venice, Italy in October 2016.

MEDIA CONTACTS:
press.enquiries@dfs.com

Source: DFS Group

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Nieuwe spaarcampagne Albert Heijn en Efteling met augmented reality

Zaandam, Netherlands, 2017-Feb-10 — /EPR Retail News/ — Van 13 tot 26 februari kan er weer gespaard worden voor korting op Eftelingkaartjes. Nieuw dit jaar is dat klanten de Efteling thuis kunnen beleven door middel van augmented reality (AR). Speciaal voor Albert Heijn en Efteling is een “Albert Heijn-Efteling’’ app ontwikkeld waarin klanten zeven Efteling-verhalen in AR kunnen beleven.

Beleef de Efteling via de AH-Efteling app
In de app, geschikt voor zowel iOS als Android apparaten, staat Efteling-content centraal. Door het scannen van een Eftelingzegel kunnen kinderen, en natuurlijk ook volwassenen, met AR zeven verschillende Efteling-verhalen tot leven brengen. De verhalen kunnen overal beleefd worden, met vriendjes rond de keukentafel of als voorleesverhaal voor het slapen gaan. Ook kunnen ze door middel van de 360º functie twee spannende achtbanen alvast thuis beleven. De app is vanaf zaterdag 11 februari beschikbaar.

Augmented reality
Augmented reality, oftewel toegevoegde realiteit, is een live, direct of indirect, beeld van de werkelijkheid waaraan elementen worden toegevoegd door bv een mobiel. Augmented reality zorgt voor versterking van beleving. In elk Efteling-verhaal komt de hoofdpersoon in AR tot leven die de kijker meeneemt in zijn/haar bijzondere verhaal.

Met korting naar de Efteling
Bij elke vijf euro aan boodschappen krijgt de klant een zegel. Met vier zegels heb je een volle spaarkaart en ontvang je 10 euro korting op een Efteling ticket. Inleveren kan tot en met 11 juni bij de kassa van Albert Heijn. De Efteling bestaat dit jaar 65 jaar, een extra reden om nieuwe herinneringen te komen maken. Want in de Efteling gaan de aandacht voor natuur, de liefde voor sprookjes én de Brabantse gastvrijheid al 65 jaar hand in hand. Met de opening van Vakantiepark Efteling Loonsche Land en Symbolica, het Paleis der Fantasie, is de Efteling ook dit jubileumjaar weer dé plek waar talloze nieuwe herinneringen gemaakt gaan worden.

Afdeling mediarelaties:
pers@ah.nl
088 6590 2020

Source: Albert Heijn

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REWE Group erneut als Top Employer zertifiziert

Bereits 2015 und 2016 für konsequente Mitarbeiterorientierung ausgezeichnet

Koln, Deutschland, 2017-Feb-10 — /EPR Retail News/ — Für ihre außerordentliche Mitarbeiterorientierung wurde die REWE Group nach 2015 und 2016 im dritten Jahr in Folge vom Top Employers Institute als Top Employer Deutschland 2017 zertifiziert.

“Optimale Mitarbeiterbedingungen führen dazu, dass sich Menschen im Privatleben sowie im Berufsleben weiterentwickeln. Unsere detaillierte Untersuchung hat ergeben, dass REWE Group ein herausragendes Mitarbeiterumfeld geschaffen hat und eine große Bandbreite von kreativen Initiativen bietet. Diese reichen von sekundären Vorteilen und Arbeitsbedingungen bis hin zu einem Leistungsmanagement, welches im vollen Einklang mit der Unternehmenskultur steht”, so Steffen Neefe, Country Manager DACH des Top Employers Institute.

“Nicht erst mit der viel zitierten Generation Y verändern sich die Ansprüche der Mitarbeiter an den Arbeitgeber. Neben den klassischen Anforderungen im Hinblick auf Bezahlung und Karriere entwickelt sich seit Jahren ein Kanon weiterer Aspekte, die die Berufswahl beeinflussen. Die REWE Group hat sich darauf erfolgreich eingestellt. Wir machen unseren Mitarbeitern Angebote, die auf die jeweilige Lebenssituation zugeschnitten sind. Ein Mitarbeiter, der gerade eine Familie gegründet hat, benötigt andere Formen der Unterstützung als derjenige, der ein Familienmitglied pflegen möchte oder muss. Wir sind mit unseren Angeboten auf dem richtigen Weg. Insofern freuen wir uns sehr, dass wir durch die Zertifizierung erneut durch externe Spezialisten bestätigt werden”, erklärt Dr. Daniela Büchel, Bereichsvorstand Handel Deutschland, HR & Nachhaltigkeit, REWE Group.

Für die Auszeichnung durchlief die Unternehmensgruppe erfolgreich ein sechsstufiges Zertifizierungsprogramm. In dessen Rahmen wurden die Angebote für Mitarbeiter im Hinblick auf Talentstrategie, Personalplanung, Onboarding neuer Mitarbeiter, Training und Entwicklung, Performance Management, Führungskräfteentwicklung, Karriere- und Nachfolgeplanung, Compensations & Benefits und Unternehmenskultur von unabhängigen Experten anhand eines einheitlichen Untersuchungsprozesses bewertet und anschließend auditiert. Bereits im vergangenen Jahr war die REWE Group Top Arbeitgeber Deutschland 2015.

Das Zertifizierungsunternehmen Top Employer Institute – bisher unter dem Namen CRF Institute bekannt – hat seinen Hauptsitz in den Niederlanden und zeichnet bereits seit 1991 weltweit die Top Employers aus.

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

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

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

Source: Rewe Group

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SM Aura Premier the first and sole mall in the Philippines to achieve LEED Gold certification

SM Aura Premier the first and sole mall in the Philippines to achieve LEED Gold certification

 

Pasay City, Philippines, 2017-Feb-10 — /EPR Retail News/ — SM Aura Premier is currently the first and sole mall in the Philippines to achieve LEED Gold in the retail sector and the largest LEED retail project in the Philippines based on gross square feet.

The LEED (Leadership in Energy and Environmental Design) rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance.

According to LEED Consultant Raymond Andrew Sih, SM Aura achieved LEED Gold by meeting and exceeding international standards in indoor air quality, thermal comfort, then energy and water efficiency. He cited the mall’s very own waste water treatment plant that recycles water for non-potable use, the energy efficient LED lighting system, the centralized air conditioning system cooled with recycled water, and double low emissivity insulated glass panels, to name a few. In addition, the entire operation is run optimally with regular measurement and verification.

“SM Aura Premier was built with the environment in mind. Almost a third of the cost of construction materials were locally sourced, over twenty percent of the cost of construction materials were from recycled materials, and over ninety-five percent of the construction waste was recycled,” Sih said.

Sih also pointed out SM Aura Premier’s Sky Park, which covers more than half of the building. The roof garden, according to Sih, not only “provides visitors with a great place to dine, relax and enjoy views from up high; it also gives plants plenty of soil, recycled water, and room to grow while protecting the building from the heat of the sun.”

Apart from this outdoor green feature, SM Aura also maintains good indoor air quality for its occupants. The mall is also conveniently located where one can walk or bike to various businesses, offices, homes, public amenities, and transportation facilities.

Mahesh Ramanujam, president and CEO of USGBC, underscored the significance of SM Aura Premier’s LEED Gold certification. “Achieving LEED certification is more than implementing sustainable practices. It represents a commitment to making the world a better place and influencing others to do better,” Ramanujam said. “Given the extraordinary importance of climate protection and the central role of the building industry in that effort, SM Aura Premier demonstrates their leadership through their LEED certification of Gold.”

Source: SM Investments Corporation

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Screwfix opens its 500th UK store at Lumina Park, Enfield, north London

Screwfix opens its 500th UK store at Lumina Park, Enfield, north London

 

Milestone site brings Screwfix closer to even more tradespeople

LONDON, 2017-Feb-10 — /EPR Retail News/ — Leading omnichannel retailer, Screwfix has opened its 500th UK store at Lumina Park, Enfield, north London, marking a major milestone in the retailer’s expansion of its store network.

Since opening its first store in Yeovil in 2005, Screwfix has grown significantly and has opened one store per week for the past six years meaning 90% of the UK population is within a 20-minute drive time of a store.

Screwfix’s second store in Enfield – Southbury has brought 15 more jobs to the local community, bringing the UK Screwfix team to over 10,000 employees.

As well as its omni-channel approach, extensive product range and focus on convenient customer service, Screwfix has also been recognised as a great place to work. In 2016, Screwfix was crowned “Employer of the Year” by Retail Week and as one of the Glassdoor Best Places to Work in 2017.

Andrew Livingston, CEO of Screwfix, commented: “We’re immensely proud to be opening our 500th Screwfix store. This is a significant moment for our business and demonstrates our focus on continued growth to meet the needs of our busy customers.

“As we reach this milestone for Screwfix, I want to thank our staff and, of course our customers.  Our success relies on their success, so we remain as committed as ever to making things easier for them.”

Since starting life as the Woodscrew Supply Company in 1979, Screwfix has always strived to deliver convenience, value and the wide product range required by its busy trade customers and serious DIYers. Its store network is visited by 2.9m customers a year and Screwfix.com by 2.5 million unique visitors each week.

Screwfix’s continued investment in bricks and mortar alongside other elements of its omnichannel retail model, ensures customer convenience is prioritised, as they know they can get the products they need at a store close by. Screwfix understands that time is money for many of its customers and, as a result, offers other services for convenience such as its award-winning 24/7 UK contact centre, extended opening hours at its stores and next day deliveries seven days a week.

In addition, its ever-growing Click & Collect service, which enables customers to pick-up their goods in as little as one minute after ordering online or over the phone, has already received more than 13 million orders.

The retailer’s expansion continues to bring Screwfix closer to even more tradesmen and women and it plans to have a network of around 600 stores in the next couple of years.

For more information on Screwfix, visit www.screwfix.com, call 03330 112 112 or visit the nearest store.

Contact:

Annabelle Davis,
McCann Public Relations
Tel: 0121 713 3761
Email: annabelle.davis@mccann.com

Source: Kingfisher

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Commissary opens at Naval Air Station Jacksonville, Florida

FORT LEE, Va., 2017-Feb-10 — /EPR Retail News/ — On a crisp, cloudless morning service members and their families at Naval Air Station Jacksonville, Florida, lined up as early as 4 a.m. to be among the first to shop in their new commissary.

The day began with Defense Commissary Agency Director and CEO Joseph H. Jeu and NAS Jacksonville Commanding Officer Capt. Sean Haley greeting customers during the ribbon-cutting ceremony.

During his speech Jeu highlighted some of the new features in the store – the most unique being the Living Well Corner.

“There’s something totally new. It’s the Living Well Corner, the first thing you see when you walk in the door,” said Jeu. “More than 1,500 items, from frozen and chilled to dry and fresh, make up the Living Well assortment.”

The Living Well Corner includes organic and natural-labeled products; it also includes non-GMO, Free-range, gluten free and no-added hormone products.

In his remarks, Haley told the crowd their new commissary was well worth the wait and thanked them for their patience during construction.

“I assure you it will be worth the wait,” he said. “Built entirely from commissary surcharges, this new facility rewards one of the strongest markets in the DeCA industry.”

That sentiment seemed to extend to the patrons as well. Ray Carter, the first customer in line, had arrived at 4 a.m., and couldn’t wait to get into the new store and see all the displays.

“It’s great to see them using the money we give them,” he said, speaking of the surcharge. “The old building was nice but this building brings everything up to 2017 standards. It’s a beautiful building and I’m looking forward to shopping here.”

The new store more than doubles the sales area of the old store at 68,831 square feet. The store features extensive produce, meat, frozen, chilled and grocery departments, an international deli-bakery, a sushi-to-go station, prepared rotisserie chicken and a customer service kiosk with two check outs. The store includes 18 regular checkouts and eight self-checkouts and a stock assortment of 18,000 line items.

Cmdr. Billy Bushman, noted that thanks to the commissary’s Living Well Center his wife would have more choices when it came to choosing gluten-free breads.

“My wife would shop this,” said Bushman. “I’m excited that the choices for gluten-free options have been expanded. This means more options for my wife.” He also noted that they can save a significant amount on their gluten-free products versus shopping outside the gate.

Shelia Fortson, whose husband is retired, drove an hour to get to NAS Jacksonville to shop the new store. “This is a privilege. I have a lot of friends who wish they had this benefit,” she said.

Both Carter and Fortson said this store was more convenient than shopping outside the gate.

“The savings and convenience are what bring me back,” said Carter. “They are open early in the morning and I can get the things I need. I’ve been doing it for years and I wouldn’t change it.”

Fortson also said the layout of the store was appealing. “I’ve shopped a lot of commissaries and this one is well-stocked,” she said. “I can find what I’m looking for.”

About DeCA:

The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Commissaries provide a military benefit and make no profit on the sale of merchandise. Authorized patrons purchase items at cost plus a 5-percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. By shopping regularly in the commissary, patrons save thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Source: Defense Commissary Agency (DeCA)

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Defense Commissary Agency announces retirement of its Director and CEO Joseph H. Jeu

FORT LEE, Va., 2017-Feb-10 — /EPR Retail News/ — Defense Commissary Agency Director and CEO Joseph H. Jeu announced today (Feb. 2, 2017) that he will retire June 3 after more than 38 years of federal service. Jeu has served as DeCA’s director since January 2011.

Over the course of his six and a half years as DeCA director, Jeu has guided the agency through an enormous and challenging transformation; set an aggressive strategic direction to ensure the relevance of the commissary benefit for generations to come; and provided direction and oversight for the modernization of DeCA’s supply chain management systems.

His plan for transforming the commissary business model set in motion actions to transition the commissary benefit from an “at cost” benefit to a “variable-price” business model, intended to preserve the future of the benefit while reducing the agency’s reliance on appropriated funds.

Under his direction, the agency also acquired, developed and began deploying its Enterprise Business Solution (EBS), one of the most impactful business initiatives the agency had ever undertaken, which would modernize DeCA’s legacy business systems and revitalize the way it does business.

In announcing his retirement, Jeu noted, “The transformation is well on its way and the right people are in place to see it through. It’s time for me to leave it in their capable hands.”

About DeCA:

The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Commissaries provide a military benefit and make no profit on the sale of merchandise. Authorized patrons purchase items at cost plus a 5-percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. By shopping regularly in the commissary, patrons save thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Source:  Defense Commissary Agency (DeCA)