Intershop Communications AG appoints Olivier Plas as country manager in Copenhagen, Denmark

  • Olivier Plas appointed country manager for the Nordics
  • Intershop expands market position and intensifies partner co-operation

Jena, Germany, 2017-Feb-24 — /EPR Retail News/ — Intershop Communications AG, supplier of innovative omni-channel commerce solutions for business-to-business (B2B) and business-to-consumer (B2C) companies, has appointed Olivier Plas as country manager in Copenhagen, Denmark to further expand its position in the Nordic region.

Olivier Plas joins in order to drive regional growth, to strengthen the cooperation with customers as well as to further extend the Company’s relationship with business partners.

Intershop is already well represented by strong business partners, such as Accenture Interactive, iStone and Tieto. As a result, there are some well-known B2C and B2B companies in the Nordics using the Intershop commerce engine to grow their businesses internationally, increase efficiencies, improve customer satisfaction and exceed customer expectations.

Gerrit Enthoven, Director Sales EMEA West at Intershop said, “Olivier brings a lot of knowledge to the table, with many years of experience in both sales management and business consultancy of IT businesses in the Nordics, at SAP, itelligence, Stibo Systems and MultiQ.”

One of Plas’ first engagements with Intershop will be at the D-Congres in Göteborg, on Thursday March 9th.

About Intershop

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

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

Contact:

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

Source: Intershop Communications AG

Intershop customer Zamro nominated for the Best Starter award in the Netherlands

Jena, Germany, 2017-Feb-24 — /EPR Retail News/ — Zamro, an Intershop customer, has been nominated for the Best Starter award, which is part of the Shopping Awards. This is a prestigious award show in the Netherlands, which honors the best e-commerce players every year. On March 9, it will be decided whether the industrial supplies retailer is indeed the best starter in the Netherlands.

Zamro is nominated together with two other Dutch start-ups: Gogido, which let people compare cab drivers, and Terello, a start-up that repairs smartphones and tablets wherever the customer wants. A jury will decide which one of these will go home with a trophy of the Shopping Awards. In the Netherlands, this is the biggest and most important award show for the e-commerce industry.

The jury has said it will choose the winner based on certain criteria: is the concept distinctive enough, is there a clear business model with a long-term plan and is the setup of the online store state of the art,, professional and unique?

“In our point of view, Zamro fits these criteria perfectly. We are profoundly proud of this nomination for our customer”, says Intershop’s marketing manager Harold van der Horst. “What makes this nomination special is the fact that Zamro has only been active for one year. Intershop is often seen as a solution for companies who are having their second or third growth spurt, when performance becomes a challenge or when the complexity increases because of complicated system integrations, international growth, multiple brands, or a combination of business models. But Zamro shows perfectly that the Intershop commerce engine also caters for new initiatives with serious international ambitions.”

Zamro is a real disruptive player. In contrast to what’s common business in the industry, Zamro shows all of their catalogs, products and prices online, with total transparency. The company was founded in February 2016, but is growing strongly. In the online store, customers (mostly SMEs) can choose from 500,000 industrial components, which will soon grow to one million components.

Last year, Zamro chose Intershop after an extensive competition analysis. The successful cooperation reflects perfectly Intershop’s B2B focus and the fact our solution is very interesting for both new players and existing fast-growing companies with international ambitions, who thanks to the 100% success rate of Intershop can start soon after the short implementation time.

About Intershop

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

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

Contact:

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

Source: Intershop Communications AG

CBRE announces Bangladeshi Moin Ahmed as the winner of Urban Photographer of the Year competition

Los Angeles, 2017-Feb-24 — /EPR Retail News/ — Moin Ahmed, from Bangladesh, has been named as the winner of CBRE Group, Inc.’s Urban Photographer of the Year competition. Mr. Ahmed’s image, “The Man’s Stare,” captures the entrancing visage of a train rider during a rainy day in Dhaka, Bangladesh. With more than 29,000 entries from 111 countries, the competition’s 10th year was its largest.

Regional winners were also named. The Americas prize was awarded to Conner Schuh from the United States for his entry, “Golden Hour on Tower Bridge,” depicting a young skateboarder gliding across the Tower Bridge in Sacramento, USA. The EMEA prize was awarded to Pedro Luis Ajuriaguerra Saiz from Spain for his entry, “The Block,” a photograph that gives a captivating insight into daily life at an apartment complex located in Bilbao, Spain. The Asia Pacific prize went to K. M. Asad from Bangladesh for his entry, “Off to Home,” a striking image of a man riding between two train cars in Dhaka, Bangladesh.

The annual competition, which offers unprecedented insight into urban life, is run by CBRE, the world’s leading commercial real estate services and investment firm. Amateur and professional photographers were challenged to capture moments of connectivity across the daily urban life through the brief, “Cities of Connections: People, Places, Perspectives.”

Martin Samworth, Chief Executive Officer, Europe, Middle East, and Africa (EMEA), CBRE, said, “Every year, the competition gives us a fascinating look into our ever-changing urban environments, with 2016 being no exception. I would like to thank everyone who has contributed to what has been a record year for this global competition.”

The top prize is a special photography trip to a destination of the winner’s choice for themselves and a friend. Regional winners will receive photography drones.

Paul Suchman, CBRE’s Global Chief Marketing Officer, says, “The competition continues to serve as a source of inspiration and creativity, celebrating the richness and diversity of city life. The volume and broad range of images received this year underscores the power of our brief, “Cities of Connections,” to resonate across markets and cultures. We are humbled to have the unique opportunity to play a role in capturing and celebrating stories of the modern urban environment.”

In acknowledgment of all photographs submitted, CBRE will donate £10,000 to Plan International, CBRE’s EMEA charity partner. The donation will support the global NGO’s work in advancing children’s rights and equality for girls. CBRE has recently embarked on a new two-year project with Plan International called Safer Cities which will help create a safer living environment for thousands of girls in Nairobi, Kenya.  This new project is a natural extension of the significant work CBRE has been doing with Plan in Sierra Leone since 2014 where CBRE EMEA raised over £1 million – giving an education to a generation of children, particularly girls.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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

Source:  CBRE Group, Inc.

The Lipsey Company names CBRE the top global brand in commercial real estate for the 16th consecutive year

Los Angeles, 2017-Feb-24 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today (February 23, 2017) announced that The Lipsey Company has named CBRE the top global brand in commercial real estate for the 16th consecutive year.

Lipsey, a training and professional development firm specializing in commercial real estate, has surveyed commercial real estate professionals on their perceptions of the industry’s leading brands since 2002. CBRE has been ranked number one every year that Lipsey has conducted its brand survey. In 2017, more than 150,000 U.S. and international professionals participated in the survey, including property owners, investors, lenders, occupiers, brokers and property managers.

“Recognition from our clients and industry peers is one of the best compliments that any company can receive. This makes us especially proud of our sustained excellence in the Lipsey brand survey. It is a reflection of how hard our people work every day to deliver great results for our clients,” said Bob Sulentic, president and chief executive officer of CBRE.

Earlier this month, CBRE was ranked among Fortune’s World’s Most Admired Companies in the real estate industry for the fifth consecutive year. In the 2017 Fortune program, CBRE scored particularly well on global competitiveness, quality of services and quality of management.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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

Source:  CBRE Group, Inc.

Defense Commissary Agency supports “Military Saves Week” Feb. 27 – March 4

FORT LEE, Va., 2017-Feb-24 — /EPR Retail News/ — Commissary shoppers tend to be savvy shoppers – they know the best grocery deals in town are found on their commissary store’s shelves. That’s been true for almost 150 years, since commissaries began offering groceries to all service members in July of 1867.

Today (Feb. 16, 2017), the Defense Commissary Agency is tasked with safeguarding that tradition of savings for the military – active duty, guard and reserve, military retirees, and their families. It’s no surprise then that DeCA supports “Military Saves Week,” held this year Feb. 27 – March 4.

Military Saves is one part of the nonprofit America Saves, and a partner in the Department of Defense’s Financial Readiness Campaign. According to their website, the organization “seeks to motivate, support, and encourage military families to save money, reduce debt and build wealth.”

The organization’s website offers financial planning tools, encouragement and advice for both military consumers and their DOD civilian counterparts. The site offers advice on everything from basic financial planning, to taxes, avoiding scams, and even investment tips.

The commissary benefit is fundamental to many service members’ budgetary planning. Best in town everyday savings throughout the store means not having to make multiple stops to ensure you’re saving all you can. And by adding the Commissary Rewards Card digital coupon program to their savings strategy, commissary shoppers stretch their grocery dollars even further.

Patrons use a mobile device app to select and “save” coupons to the card, redeeming them automatically at the register. The app is available for both Android and Apple devices and also offers store location information for patrons, as well as highlighting promotions and contests tied to the Rewards Cards. Authorized shoppers who prefer to load coupons to their cards from a computer can go to the Rewards Card page where they can also find program information and register their cards.

“The Commissary Rewards Card goes that extra step and saves patrons even more on top of their commissary benefit,” said Marye Dobson, manager of DeCA’s Commissary Rewards Card program. “We work with our industry partners to provide our patrons with the type of digital coupons they want most.

Here are just a few of the ways shopping at commissaries helps balance your budget:

  • Commissaries provide a one-stop-shopping experience, with pricing that is consistently best-in-town, across their entire line of goods.
  • Commissaries offer better-for-you food choices, at easy on your budget prices, including organics and a growing number of specialty items, such as gluten-free alternatives, low sodium, sugar-free and reduced-calorie products.
  • Commissaries strongly support use of coupons for additional savings, and the Commissary Rewards Card banks electronic coupons for automatic savings at checkout. Rewards Card users are now approaching 1.5 million, who’ve saved an additional $11.5 million on their grocery bills.

Military Saves is a great source for financial planning tools, ideas and encouragement, not only during Military Saves Week, but year-round,” said Tracie Russ, DeCA’s director of sales. “Military members and their families can follow them on Facebook, Twitter, through their website and their newsletter. And be sure to take advantage of your commissary benefit when planning your budget. As we like to say, ‘it’s worth the trip!'”

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

REI announces its second REI Outessa retreats — a three-day outdoor adventures designed to connect women with the outdoors

Three summer events in California, Oregon and New Hampshire

SEATTLE, 2017-Feb-23 — /EPR Retail News/ — REI, the outdoor co-op and national specialty retailer, announced its 2017 REI Outessa retreats with three immersive, three-day outdoor adventures designed to connect women with the outdoors in a supportive learning environment. Now in its second year, the getaways are filled with activities and inspiration, offer access to coveted gear and products, serve up great food and wine, and create the environment for making new friends and lasting memories. Registration is now open at www.REI.com/Outessa.

“Whether you are an experienced outdoors person or someone who’s thinking about trying new activities, Outessa is about getting away from it all and reconnecting with the outdoors,” said Susan Viscon, REI senior vice president of merchandising and board member of Camber Outdoors. “We heard some amazing stories from participants last year and we are expanding the retreats in 2017. This fun environment is designed by – and for – a supportive community of women who like adventure.”

More than 20 of REI Outdoor School’s top female instructors will partner with leading outdoor brands to host a full range of adventures, including hiking, trail running, mountain biking, rock climbing, trail photography, paddle boarding, kayaking, climbing, yoga, backpacking, wilderness survival training, outdoor cooking and more.

Registration for REI Outessa is $799 per person, which includes classes led by REI’s professional guides, use of on-site gear, chef-prepared meals, wine and beer, evening entertainment, inspirational speakers, and a goodie bag packed with products and gear.

2017 REI Outessa events will be held at three breathtaking mountain playgrounds. Destinations were chosen for their inspirational alpine environments, sweeping views, pristine lake, and adventure-ready terrain with miles of trails for running, hiking and mountain biking. Each offer resort hospitality and proximity to major airports, making travel easy for participants. The dates and locations are:

  • July 14-16: Kirkwood Mountain Resort in Kirkwood, California near South Lake Tahoe
  • August 18-20: Mt. Hood Skibowl in Government Camp, Oregon and 12 miles from the Mt. Hood National Forest
  • September 22-24: Waterville Valley Resort in Waterville, New Hampshire in the White Mountain National Forest

Customized Retreats
REI Outessa attendees will customize their weekend from start to finish. They will choose accommodations from three options: resort rooms or condos; “fancy camp” deluxe camping with fully-outfitted canvas tents, amenities and a concierge; and DIY camping at Camp REI, where guests bring their own gear. Participants will also select their daily schedules from more than 200 activities based on personal interests, outdoor goals and skill levels.

Each morning, women will start their day with a full breakfast before heading out on the trail, crag or water for small group adventures. Evenings are filled with chef-prepared meals and fire-side relaxation complete with s’mores, wine and beer, inspirational speakers, and conversations that reflect on the day.

“Last year, REI Outessa was a transformational experience for hundreds of women. Together with our brand partners, we helped women tap into an emotional and profound connection to the outdoors,” said Sally Johnson, the events manager for REI who helped create the Outessa series. “The beauty of these weekends is that every women discovers something about herself – physical or emotional. Women leave with a supportive tribe to draw boundless inspiration and encouragement from and a new appreciation for living a life outside.”

REI will again be joined by more than 20 companies that represent some of the best outdoor brands and lifestyle products. Major sponsors include Big Agnes, Hydro Flask, Igloo, KEEN, Leatherman, Nuun, OluKai, Osprey, Petzl, Pro Bar and Salomon. Every company at the three-day weekend will engage with participants through experiences, product samples and brand ambassadors who share their passion for the outdoors.

To learn more about the retreats and locations of the epic weekends, visit www.REI.com/Outessa.

About REI
REI is a specialty outdoor retailer, headquartered near Seattle. The nation’s largest consumer co-op, REI is a growing community of more than 6 million active members who expect and love the best quality gear, inspiring expert classes and trips, and outstanding customer service. REI has 149 stores in 36 states. If you can’t visit a store, you can shop at REI.comREI-Garage.com or the free REI shopping app. REI isn’t just about gear. You can take the trip of a lifetime with REI Adventures, a global leader in active adventure travel that runs 170 custom-designed itineraries on every continent. REI’s Outdoor School is run by professionally-trained, expert-instructors who teach beginner- to advanced-level courses about a wide range of activities. To build on the infrastructure that makes life outside possible, REI invests millions annually in hundreds of local and national nonprofits that create access to–and steward–the outdoor places that inspire us.

Contact:
REI Public Affairs
(253) 395-5958
prrequests@rei.com

Source: REI

Rakuten launches “Rakupa” a parking space sharing service that connects parking spaces owners with drivers looking to park

Tokyo, 2017-Feb-23 — /EPR Retail News/ — Rakuten, Inc. today announced the launch of “Rakupa,” a parking space sharing service that provides a platform to connect owners of unused parking spaces with drivers looking to park.

With Rakupa, owners of buildings and homes can register their unused parking spaces, which drivers can then search for and book through the Rakupa PC and smartphone site or dedicated app using their Rakuten membership ID. Drivers can earn Rakuten Super Points by utilizing the service and pay using credit card or with Rakuten Super Points.

As parking spaces can be booked on Rakupa in advance, drivers can travel to their destinations knowing that a vacant parking space awaits them. For owners, simply registering their unused parking spaces on the service lets them make use of underutilized assets, without the need for any upfront or monthly maintenance costs.

Rakupa was launched with the aim of providing a new solution to the common problem of limited parking spaces around popular tourist spots and events, and preparations are underway for new collaborations with other companies and with other Rakuten Group services. Going forward, Rakuten will continue to develop the service to make driving more convenient, comfortable and enjoyable.

Service Overview:
Service name: Rakupa
Launch date: February 23, 2017
Details of service: A platform for connecting owners of unused parking spaces with drivers looking to park
Service site: https://parking.rakuten.co.jp/
Service area at launch: Tokyo, Kanagawa Prefecture, Chiba Prefecture, Saitama Prefecture (to be expanded)
Number of parking spaces available at launch: Approx. 1,000
App download URL:
[iOS] https://itunes.apple.com/jp/app/id1156369880
[Android] https://play.google.com/store/apps/details?id=jp.co.rakuten.rakupa
Payment methods: Credit card, Rakuten Super Points

Source: Rakuten Inc.

Diebold Nixdorf to showcase its full portfolio of retail self-checkout solutions at EuroShop 2017, March 5 – 9 in Düsseldorf, Germany

DÜSSELDORF, Germany, 2017-Feb-23 — /EPR Retail News/ — Diebold Nixdorf is presenting its full portfolio of retail self-checkout solutions—powered by software and services—to drive connected commerce and automate cash-handling at EuroShop 2017, the world’s largest trade show for the retail sector. From March 5 – 9 in Düsseldorf, Germany, at booth E62 in hall 6, visitors have the opportunity to learn more about the company’s new retail automation solutions for all segments and store formats, as well as software solutions for connected commerce.

According to the industry analyst firm RBR, the number of self-checkout installations grew by 5 percent in 2015, but the market remains full of potential.  In the UK, for example one in seven point-of-sale (POS) terminals in supermarkets have been converted to self-checkout systems.  In France, it is one in every 22 systems and only one in 100 in Germany.1 Yet, more than half of all consumers in Germany would use self-checkout systems if they had access to the technology in stores, according to a TNT Infratest commissioned by the EHI Retail Institute.

The industry’s leading checkout solutions will be showcased in Diebold Nixdorf’s booth at EuroShop 2017:

  • The recently introduced eXpress self-checkout solution can be used as an interactive kiosk or a payment terminal with a compact design that meets the industry’s demand for a miniaturized footprint. The user-friendly design is ideal for smaller grocery and convenience stores and supports cashless payments via card or smartphone.
  • The BEETLE/iSCAN EASY Hybrid checkout solution offers retailers unparalleled flexibility with the option to be used as a self-service terminal for smaller purchases during off-peak hours or as a traditional cashier-assisted checkout terminal during peak hours.
  • The K-One Kiosk solution was designed to digitalize the in-store consumer experience by quickly and seamlessly assisting consumers throughout their visit. The versatile, tailored solution can be easily adapted to changing consumer demands, with functionality for order taking, customer service, product information, ticket and lottery sales and even self-checkout.
  • The new Value Line is an attractively priced back office cash management entry-level solution for automatic coin and banknote processing at checkout. It is especially designed to handle smaller payments, such as those made in bakeries, butcher shops and pharmacies.

In addition, Diebold Nixdorf will show brick-and-mortar retailers how they can benefit from deploying mobile touchpoints such as the BEETLE mobile POS. Integrated with other partner technologies, this solution includes versatile possibilities of using beacon technology for direct customer communication and personalized one-to-one marketing in the store – prior, during and after conducting purchases. According IDC Retail Insights, stores offering mobile services are on the way to becoming as equally important as product variety, brands and prices.

Checking online availability of items before going to the store, ordering a product online and picking it up at the store, or ordering a product online that is not available in the store, as well as accessing stock in other stores and returning ordered goods in the store are normal shopping patterns today. With Diebold Nixdorf’s TP Application Software Suite, the company will present several consumer journeys to show how omnichannel processes can be quickly and efficiently deployed in heterogeneous environments. The open, service-oriented software platform links all consumer touchpoints and store applications, from loyalty tools and mobile customer services to back-end systems, and centrally controls all functions between the individual stationary and mobile touchpoints.

“Consumers expect fast, convenient and personalized shopping experiences,” said Thomas Fell, Diebold Nixdorf senior vice president, retail. “Our comprehensive portfolio of solutions not only enables retailers to meet their customers’ expectations but also provides them with options for an efficient and cost-effective realignment of their processes and customer services.”

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

1 RBR. Global EPOS & Self-Checkout 2016.

Contacts:
Ulrich Nolte
Media Relations – Germany
Email: ulrich.nolte@dieboldnixdorf.com
Phone: +49 5251 693 5211

Steve Virostek
Investor Relations
Email: steve.virostek@dieboldnixdorf.com
Phone: 330-490-6319

Source: Diebold Nixdorf

Diebold Nixdorf to present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco

NORTH CANTON, Ohio, 2017-Feb-23 — /EPR Retail News/ — Diebold Nixdorf (NYSE:DBD) announced today (Feb. 22, 2017) that Andy W. Mattes, chief executive officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Wed., March 1, 2017 at 12:20 p.m. PT (3:20 p.m. ET).  Mattes will discuss company’s “Connected Commerce” strategy, its multi-year business integration roadmap, and corresponding financial targets.  He will also be available to meet with institutional investors.

A live audio webcast of the event can be accessed on Diebold Nixdorf’s investor relations website, http://investors.dieboldnixdorf.com/. A replay of the broadcast will also be available on this site.

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@diebold.com

Investor Relations:
Steve Virostek
+1 330 490 6319
steve.virostek@diebold.com

SOURCE: Diebold Nixdorf

Alaska-based Matanuska Valley Federal Credit Union deploys NCR Interactive Teller machines

Interactive technology will enable Matanuska Valley Federal Credit Union members to bank with teller live via ATMs

DULUTH, Ga., 2017-Feb-23 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today ( February 22, 2017 ) announced that Palmer, Alaska-based Matanuska Valley Federal Credit Union (MVFCU) has begun deploying NCR Interactive Teller machines at its branch locations. This unique technology lets users interact with their financial institution’s remotely located video teller via high-quality video and audio.

NCR Interactive Teller enables a centrally located teller to take full remote control of all modules on the device while engaging the customer over two-way, real-time video conversation, delivering a highly personalized experience. This technology is of particular value to users seeking on-the-go access to the unique knowledge and support of their financial institution’s tellers.

“Adding NCR’s Interactive Teller to our network of branches and ATMs was a natural next step in our commitment toward providing easier and more accessible service to our members,” said Ed Gravley, Chief Operating Officer at Matanuska Valley Federal Credit Union. “Many of our members either commute to Anchorage or are located in remote areas, and this will benefit those unable to visit a branch during traditional hours.”

MVFCU has begun installing Interactive Teller-enabled ATMs at branch locations in Palmer and Wasilla, with plans to expand to Anchorage in the future.

“We are increasingly seeing our financial institution customers look for ways to enable their members to bank in a fast, reliable way that also fits into their lives,” said Martin Shires, GM of Global Branch Transformation Marketing at NCR Corporation. “MVFCU and its members are in good company, joining a network of more than 330 North American financial institutions who have brought NCR Interactive Teller into their omni-channel banking offerings.”

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web sites: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

About Matanuska Valley FCU
MVFCU is a financial cooperative that serves over 45,000 members in the Anchorage and Matanuska Susitna Borough, Alaska as well as Waipahu, Hawaii. Their mission is to build better financial futures for their membership through financial knowledge and services.

News Media Contact:
Aaron Gould
NCR Public Relations
212.589.8556
aaron.gould@ncr.com

Source: NCR Corporation

Fratelli Beretta USA, Inc. recalls mortadella product that contains undeclared pistachio nuts

WASHINGTON, 2017-Feb-23 — /EPR Retail News/ — Fratelli Beretta USA, Inc., a Mount Olive, N.J. establishment, is recalling approximately 468 pounds of mortadella product due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today (Feb. 22, 2017). The product contains pistachio nuts, known allergens which are not declared on the product label.

The mortadella items were produced on Nov. 30, 2016. The following product is subject to recall: 

  • 3-oz. plastic packages containing slices of “Deli Thin Dietz & Watson Mortadella” with Lot# LO23633800 and Best By Date April 2, 2017.  

The product subject to recall bears establishment number “EST. 7543B” inside the USDA mark of inspection. These items were shipped to a distributor in Pennsylvania and further distributed to retail and distribution centers in Arizona, California, Florida, Michigan, Nevada, New Jersey, Oklahoma, Pennsylvania, and Texas.

The problem was discovered Feb. 17, 2017 by the Dietz & Watson distributor who observed pistachio nuts through the clear product packaging in a case of products labeled as Deli Thin Dietz & Watson Mortadella products and notified the establishment. The Deli Thin Dietz & Watson Mortadella products are not formulated with pistachio nuts and do not declare the pistachio nut ingredient on the label.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers and media with questions about the recall can contact Simone Bocchini, President, at (201) 438-0723.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 4 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Contact:

Congressional and Public Affairs
Kristen Booze
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

Ready Pac Foods Inc. recalls chicken salad product that may be adulterated with Listeria monocytogenes

WASHINGTON, 2017-Feb-23 — /EPR Retail News/ — Three Ready Pac Foods Inc. establishments, located in Swedesboro, N.J., in Jackson, Ga., and the headquarters establishment in Irwindale, Calif., are recalling approximately 59,225 pounds of one variety of chicken salad product that may be adulterated with Listeria monocytogenes, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today (Feb. 22, 2017 ).

The Puro Picante Blazin’ Hot salad items were produced between Jan. 17, 2017 and Feb. 17, 2017. The following products are subject to recall:

  • 7.5-oz. single serve salad bowl packages of “Ready Pac Foods Puro Picante Blazin Hot” with Use By Dates of 01/31/17 through 03/04/2017.

The products subject to recall bear establishment number P-27497, P-32081, or P-18502B inside the USDA mark of inspection. These items were shipped to retail locations nationwide.

The problem was discovered on Feb. 21, 2017 when the firm received notification from the cheese supplier that the cheese ingredient utilized in the chicken salad products was included in an expanded cheese recall due to potential contamination with L. monocytogenes. There have been no confirmed reports of adverse reactions due to consumption of these products.

Consumption of food contaminated with L. monocytogenes can cause listeriosis, a serious infection that primarily affects older adults, persons with weakened immune systems, and pregnant women and their newborns. Less commonly, persons outside these risk groups are affected.

Listeriosis can cause fever, muscle aches, headache, stiff neck, confusion, loss of balance and convulsions sometimes preceded by diarrhea or other gastrointestinal symptoms. An invasive infection spreads beyond the gastrointestinal tract. In pregnant women, the infection can cause miscarriages, stillbirths, premature delivery or life-threatening infection of the newborn. In addition, serious and sometimes fatal infections can occur in older adults and persons with weakened immune systems. Listeriosis is treated with antibiotics. Persons in the higher-risk categories who experience flu-like symptoms within two months after eating contaminated food should seek medical care and tell the health care provider about eating the contaminated food.

FSIS and the company are concerned that some of this recalled product may be in consumers’ refrigerators.

Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers with questions regarding the recall can contact Mary Toscano, Corporate Affairs Supervisor, at 1-800-800-7822. Media with questions regarding the recall can contact Alan Hilowitz, Director of Corporate Communications, at (626) 678-2180.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 4 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: https://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Contact:

Congressional and Public Affairs
Kristen Booze
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

NORGESGRUPPEN SIER NEI TIL MIKROPLAST

NORGESGRUPPEN SIER NEI TIL MIKROPLAST

 

Mikroplast er små partikler som skaper miljøproblemer ved at de ender opp i havet og videre inn i næringskjeden. NorgesGruppen har nå besluttet at produkter i butikk ikke skal inneholde mikroplast.

Oslo, Norway, 2017-Feb-23 — /EPR Retail News/ — NorgesGruppen har i dag ingen produkter med mikroplast. Dette gjelder både produkter fra merkevareleverandører og egne merkevarer.

Det er estimert at vi i Norge har utslipp av mikroplast på ca. 8000 tonn årlig. Plastbiter som er mindre enn fem millimeter regnes som mikroplast.

– Mikroplast er et miljøproblem og NorgesGruppen skal ikke ha varer i sortiment som inneholder mikroplast, sier Bjart Thorkil Pedersen, fagsjef bærekraftig handel i NorgesGruppen.

Miljødirektoratet peker særlig på kosmetikk og tannkrem som varegrupper hvor forbrukerne kan gjøre en forskjell.

– NorgesGruppen har jobbet over tid med å fase ut produkter med mikroplast innen hygieneprodukter og vaskemidler. Mikroplast kan typisk forekomme i tannkrem, såpe, skurekrem, hårprodukter og ansiktsskrubb, men ikke lenger i våre butikker sier Pedersen.

– Problemene knyttet til mikroplast har vært på dagsorden en god stund i bransjen. Vi har hatt et godt samarbeid med leverandørene for å finne gode løsninger. Selv om utfordringer knyttet til mikroplast ikke lenger er like store i vår bransje, er vi glade for at vi kan være tydelige på at vi ikke skal ha mikroplast i våre butikker, ikke minst fordi vi ser at enkelte forbrukere er usikre, sier Pedersen.

– Det er et økende fokus på plastforsøpling generelt, en utfordring NorgesGruppen tar på alvor. I arbeidet for å erstatte plast som lett havner i naturen, som for eksempel Q-tips, gikk NorgesGruppen i 2016 over fra plastpinner til papirpinner, sier Pedersen.

FAKTA

Fakta mikroplast:

  • I Norge slipper vi ut ca. 8000 tonn mikroplast årlig (Tallet inkluderer ikke mikroplasten som blir til når marin forsøpling brytes ned og deles opp i havet)
  • Mikroplast merkes ofte i ingrediensliste som Polyethylene (PE), Polyethylene terephthalate (PET), Polypropylene (PP) eller Polymethyl methacrylate (PMMA)
  • Mikroplast (mikroskopiske plastkuler) finnes i en rekke hygieneprodukter og vaskemidler.
  • Mikroplast vaskes ut gjennom avløp og forurenser havet, brytes langsomt ned og tas opp i sjødyr.
  • Man tilsetter mikroplast i tannkrem og kremer for å få frem en slipeeffekt.
  • Både knuste olivenstener, granulert sukker og salt kan brukes for å erstatte mikroplast i hudpleieprodukter.

Contact: (+47) 24 11 31 00

Source: NorgesGruppen ASA

###

SPAR Austria promotes sugar-free or sugar-reduced diet and offers healthier food options on its new healthy eating campaign

Austria, 2017-Feb-23 — /EPR Retail News/ — A key dietary focus of health-conscious consumers in 2017 is sugar reduction and SPAR Austria is meeting this need by reducing the amount of sugar in its own brand products.

The World Health Organisation recommends that an adult should not to eat more than 25 grams of sugar a day but the daily average of most Austrians is almost four times this amount. SPAR hopes that by offering healthier food options, it can contribute to helping customers lead a healthier life.

SPAR Austria’s new healthy eating campaign is not only about promoting a sugar-free or sugar-reduced diet, but also sees the company supporting child nutrition by endorsing the drive for healthy school lunches, offering healthy recipe inspiration, and working with organisations such as SIPCAN, the Institute for Preventive Cardiology and Nutrition. SPAR Austria works with a scientific advisory board, consisting of doctors, dieticians and nutritionists, which provides advice on the latest nutritional trends.

With a healthier product offer and the promotion of nutritional information, SPAR Austria is leading the charge for a healthier lifestyle.

Contact:

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

Source: Spar International

SpartanNash announces Consolidated Net Sales Increased 3.4% Despite Deflationary Environment during Fiscal Year 2016

  • Consolidated Net Sales Increased 3.4% Despite Deflationary Environment
  • Reported Fourth Quarter EPS from Continuing Operations of $0.34 per Diluted Share; Adjusted Fourth Quarter EPS from Continuing Operations of $0.53 per Diluted Share
  • Long-Term Debt Decreased $55.7 Million in Fiscal 2016

Byron Center, MI, 2017-Feb-23 — /EPR Retail News/ — SpartanNash Company (the “Company”) (Nasdaq: SPTN) today (Feb 22, 2017) reported financial results for the 12-week fourth quarter and 52-week year ended December 31, 2016.

Fourth Quarter Results

Consolidated net sales for the fourth quarter increased to $1.83 billion from $1.77 billion in the prior year quarter, driven by increases in the food distribution and military segments and the timing of the New Year’s Day holiday.

Reported operating earnings were $24.6 million compared to $33.0 million in the prior year quarter. The decrease was due to restructuring and asset impairment charges, and merger integration and acquisition expenses. Similar to the prior year, the deflationary environment resulted in a positive fourth quarter LIFO benefit of $4.0 million, compared to $4.4 million in the prior year quarter. Adjusted operating earnings improved to $35.8 million from $35.4 million in the prior year quarter, despite the negative impact of food deflation in all segments. Adjusted operating earnings(1) is a non-Generally Accepted Accounting Principles (GAAP) operating financial measure. Please see the financial tables at the end of this press release for a reconciliation of each non-GAAP financial measure to the most directly comparable measure prepared and presented in accordance with GAAP.

Reported earnings from continuing operations for the fourth quarter were $12.8 million, or $0.34 per diluted share, compared to $17.2 million, or $0.46 per diluted share, in the prior year quarter. Adjusted earnings from continuing operations for the fourth quarter increased to $20.0 million, or $0.53 per diluted share, from $19.6 million, or $0.52 per diluted share, in the prior year quarter. Current year adjusted earnings from continuing operations exclude net after-tax charges of $0.19 per diluted share primarily related to asset impairment charges associated with certain underperforming retail stores, merger integration and acquisition activities mainly associated with the acquisition of Caito Foods Service (“Caito”) and Blue Ribbon Transport (“BRT”), and net restructuring gains primarily attributable to a favorable lease buyout. Prior year adjusted earnings from continuing operations exclude net after-tax charges of $0.06 per diluted share primarily related to merger integration and acquisition expenses, debt extinguishment and restructuring activities. Adjusted earnings from continuing operations(2) is a non-GAAP operating financial measure.

Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Adjusted EBITDA) were $50.8 million compared to $49.9 million in the prior year quarter, representing 2.8 percent of consolidated net sales in both years. Adjusted EBITDA(3) is a non-GAAP financial measure.

“Our fourth quarter performance was a strong finish to an equally strong fiscal 2016 as we continued to grow sales and exceed our earnings guidance despite a continued challenging deflationary environment,” stated Dennis Eidson, SpartanNash’s Chief Executive Officer and Chairman of the Board. “Our results reflect the sound execution of our strategy to leverage our supply chain network in order to drive new and expanded customer supply business. We also posted our fourth consecutive quarter of improved retail comparable store sales trends as we benefited from the shift of New Year’s Day into fiscal 2017. Additionally, we announced the acquisition of Caito Foods Service, a leading supplier of fresh fruits and vegetables as well as value-added meal solutions for retailers, and Blue Ribbon Transport, which provides temperature-controlled distribution and logistics services throughout North America. We were also competitively awarded by the Defense Commissary Agency to be the exclusive worldwide supplier of private brand products to U.S. military commissaries, and we look forward to expanding on these opportunities in 2017.”

Gross profit margin for the fourth quarter was 14.2 percent compared to 14.6 percent in the prior year quarter primarily due to the mix of business operations.

Reported operating expenses for the fourth quarter were $234.6 million, or 12.8 percent of sales, compared to $225.3 million, or 12.7 percent of sales, in the prior year quarter. Fourth quarter operating expenses would have been $223.5 million, or 12.2 percent of net sales, compared to $222.9 million, or 12.6 percent of net sales in the prior year quarter, if asset impairment, restructuring, merger and acquisition, and severance charges were excluded from both periods. The decrease as a rate to sales was primarily attributable to improved operating expense leverage resulting from sales growth and the mix of business operations, partially offset by higher health care and other benefit costs.

Food Distribution Segment

Net sales for the food distribution segment increased to $838.6 million from $773.7 million in the prior year quarter primarily due to business gains from new and existing customers, as well as holiday timing, which more than offset the negative impact of deflation.

Reported operating earnings for the food distribution segment were $21.1 million compared to $22.6 million in the prior year quarter. Fourth quarter adjusted operating earnings increased to $23.9 million from $23.4 million in the prior year quarter. The higher sales and supply chain improvements in food distribution were largely offset by continued deflation, a lower deflation-related LIFO benefit compared to the prior year, and higher health care and other benefit costs. Fourth quarter adjusted operating earnings in the current and prior year exclude $2.8 million and $0.8 million, respectively, of pre-tax charges primarily related to merger integration and acquisition expenses. Adjusted operating earnings by segment(4) is a non-GAAP operating financial measure.

Military Segment

Net sales for the military segment increased to $510.4 million from $504.7 million in the prior year quarter. The increase was due to new business gains associated with the distribution of fresh products and holiday timing, partially offset by lower sales at the Defense Commissary Agency (“DeCA”) operated commissaries.

Reported operating earnings for the military segment were $3.4 million compared to $3.6 million in the prior year quarter. Adjusted operating earnings were $3.1 million compared to $3.7 million in the prior year period. Fourth quarter adjusted operating earnings exclude $0.3 million of pre-tax restructuring gains related to the sale of vacant land. The decrease in operating earnings was primarily due to higher health care costs.

Retail Segment

Net sales for the retail segment were $479.2 million in the fourth quarter compared to $489.6 million for the prior year quarter. Comparable store sales for the quarter, excluding fuel, improved to -1.2 percent from -1.8 percent a quarter ago as a 50 basis point impact as a result of the holiday shift helped mitigate the impact of ongoing deflation and continued challenging economic conditions, particularly in North Dakota. The decrease in net sales was primarily attributable to $7.7 million in lower sales resulting from retail store closures, and the negative comparable store sales, partially offset by a $2.4 million increase in sales due to higher retail fuel prices and gallons sold compared to the prior year.

Reported operating earnings in the retail segment were $0.2 million compared to $6.8 million in the prior year quarter. Adjusted operating earnings were $8.7 million compared to $8.4 million in the prior year quarter. Current year adjusted operating earnings exclude $8.5 million of net pre-tax charges primarily associated with asset impairment charges and restructuring gains. The prior year fourth quarter excludes $1.6 million of pre-tax restructuring, merger integration and acquisition costs. The increase in adjusted operating earnings was primarily attributable to cost reductions, higher fuel margins, and the closure of under performing stores, largely offset by lower comparable store sales impacted by deflation, and higher benefit costs.

During the fourth quarter, the Company closed two stores upon lease expiration, ending the quarter with 157 corporate owned retail stores, 78 pharmacies, and 30 fuel centers.

Balance Sheet and Cash Flow

Cash flow provided by operating activities for fiscal 2016 was $154.5 million, compared to $219.5 million in the comparable period last year, decreasing primarily due to customer advances and higher inventory levels to support sales growth and the timing of working capital requirements and income tax payments.

On December 20, 2016, the Company amended its existing credit facility to provide more flexibility with certain financial covenants, including the ability to increase the size of the term loan, extend the maturity from January 2020 to December 2021, and eliminate the highest cost tier of its pricing grid.

Long-term debt and capital lease obligations, including current maturities, decreased $55.7 million to $431.1 million at December 31, 2016, from $486.8 million at January 2, 2016. Net long-term debt (including current maturities and capital lease obligations and subtracting cash) decreased $57.4 million to $406.7 million as of December 31, 2016, from $464.1 million at January 2, 2016. The Company’s total net long-term debt-to-capital ratio is 0.3-to-1.0 and net long-term debt to Adjusted EBITDA is 1.8-to-1.0, which is better than the Company’s year-end goal of 2.0 times, as of December 31, 2016. Net long-term debt(5) is a non-GAAP financial measure.

Fiscal Year 2016 Results

For fiscal 2016, consolidated net sales increased $82.6 million to $7.73 billion, from $7.65 billion in fiscal 2015. The increase in net sales was primarily driven by business gains from new and existing customers in the food distribution and military segments, which more than offset the negative impact of food deflation on all segments; lower sales at the DeCA-operated commissaries; and lower sales attributable to both the decrease in comparable retail store sales and the closure of retail stores.

Reported earnings from continuing operations for fiscal 2016 were $57.1 million, or $1.52 per diluted share, compared to $63.2 million, or $1.67 per diluted share, in the prior year. Adjusted earnings from continuing operations for fiscal 2016 increased to $82.2 million, or $2.19 per diluted share, from $74.6 million, or $1.98 per diluted share, in the prior year. The increase was primarily attributable to sales growth at food distribution and lower operating expenses due in part to lower depreciation, and productivity and efficiency initiatives, which offset the negative impact of deflation in all segments. The increase was also due in part to the timing of the New Year’s Day holiday, which shifted from the fourth quarter of fiscal 2016 into the first quarter of fiscal 2017 and contributed approximately $0.03 per diluted share. Fiscal 2016 adjusted earnings from continuing operations exclude $25.1 million of net after-tax charges primarily related to restructuring and asset impairment charges associated with the Company’s warehouse and retail store rationalization plan, asset impairment charges associated with certain under performing retail stores, and merger integration and acquisition costs. Adjusted earnings from continuing operations for fiscal 2015 exclude net after-tax charges of $11.4 million, primarily related to restructuring and asset impairment charges, merger expenses and other adjusted charges.

Adjusted EBITDA for fiscal 2016 improved to $231.0 million from $229.5 million in fiscal 2015, representing 3.0 percent of net sales in each year.

For fiscal 2016, depreciation and amortization expense was $77.2 million, interest expense totaled $19.1 million, and capital expenditures were $73.4 million.

Outlook

Mr. Eidson continued, “As we look forward to 2017 and beyond, we believe we are well positioned to continue to leverage our strong business model, distribution network and balance sheet to grow sales and earnings. We expect the net long-term debt to Adjusted EBITDA ratio to be under 2.5 times by year end, excluding any new M&A activity. We have a solid pipeline of opportunities in our distribution and military channels and will continue to focus on driving growth in our retail business, primarily through the expansion of our consumer-centric merchandising and marketing programs. We expect the acquisition of Caito, which closed on January 6, 2017, will accelerate our growth in the food distribution segment as it increases the size and scope of our customer base and strengthens our fresh product offerings as well as value-added products, such as fresh-cut fruits and vegetables and prepared salads. With Caito’s Fresh Kitchen facility commencing production in the first half of fiscal 2017, we are optimistic about the opportunities to offer fresh protein-based foods and prepared meals to our customers. In our military segment, we are excited to be competitively awarded by DeCA in its new initiative to offer private brand products in its commissaries worldwide and will begin to roll out these products in the first half of fiscal 2017. We anticipate a steady ramp up of private brand products throughout 2017, but expect minimal financial benefit next year due to the anticipated costs to launch the program. While we expect the deflationary environment to continue through the first half of the year, we remain confident in our overall strategy and believe our focus on providing value and innovative solutions to our food distribution and retail customers will continue to serve our business well.”

For fiscal 2017, the Company expects to see growth in year-over-year sales in the food distribution segment, continued challenges with sales at DeCA impacting the military segment, and slightly negative to flat comparable retail store sales, which improve throughout the course of the year. The Company anticipates adjusted earnings per share from continuing operations(6) of approximately $2.26 to $2.35, excluding merger integration costs and other adjusted expenses and gains, compared to $2.19 in the prior year. The 2016 results were positively impacted by $0.03 per diluted share due to the holiday shift, which benefited sales and shifted holiday pay out of fiscal 2016 and into fiscal 2017. The Company anticipates that reported earnings from continuing operations will be in the range of approximately $2.10 to $2.19 per diluted share, compared to $1.52 in the prior year. The guidance reflects Caito and BRT having combined sales of approximately $550 million and being accretive to fiscal 2017 earnings, with minimal contributions from the Fresh Kitchen as that operation ramps up during 2017. In the military segment, the Company also expects limited contributions from the DeCA private brand program in the second half of the year as the program is rolled out. Additionally, the Company expects deflation to eventually subside in the second half of the year, and as a result, does not expect a similar deflation-related LIFO benefit of $0.07 per diluted share in the fourth quarter of fiscal 2017. The Company also anticipates benefits from efficiency initiatives to be realized in the second half of the year.

For the first quarter of fiscal 2017, the Company anticipates earnings to be flat to slightly below the prior year due to the timing of New Year’s Day, which as previously mentioned will negatively impact first quarter sales and profits, the timing of the recognition of health care funding costs, unseasonably warm weather, and the seasonality of the Caito business, which is stronger in the summer months.

The Company expects capital expenditures for fiscal year 2017 to be in the range of $70.0 million to $72.0 million, with depreciation and amortization of approximately $79.0 million to $81.0 million, and total interest expense of approximately $25.0 million to $27.0 million.

(1) A reconciliation of operating earnings to adjusted operating earnings, a non-GAAP measure, is provided below.
(2) A reconciliation of earnings from continuing operations to adjusted earnings from continuing operations, a non-GAAP measure, is provided below.
(3) A reconciliation of net earnings to Adjusted EBITDA, a non-GAAP measure, is provided below.
(4) A reconciliation of operating earnings to adjusted operating earnings by segment, a non-GAAP measure, is provided below.
(5) A reconciliation of long-term debt and capital lease obligations to total net long-term debt and capital lease obligations, a non-GAAP measure, is provided below.
(6) A reconciliation of projected earnings per share from continuing operations to adjusted earnings per share from continuing operations, a non-GAAP measure, is provided below.

Conference Call

A telephone conference call to discuss the Company’s fourth quarter of fiscal 2016 financial results is scheduled for 9:00 a.m. Eastern Time, Thursday, February 23, 2017. A live webcast of this conference call will be available on the Company’s website, www.spartannash.com/webcasts. Simply click on “For Investors” and follow the links to the live webcast. The webcast will remain available for replay on the Company’s website for approximately ten days.

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose core businesses include distributing grocery products to independent grocery retailers, national accounts, its corporate owned retail stores, and U.S. military commissaries. SpartanNash serves customer locations in 47 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. SpartanNash currently operates 155 supermarkets, primarily under the banners of Family Fare Supermarkets, VG’s Food and Pharmacy, D&W Fresh Market, Sun Mart, and Family Fresh Market. Through its MDV military division, SpartanNash is the leading distributor of grocery products to military commissaries in the United States.

Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These include statements preceded by, followed by or that otherwise include the words “outlook,” “pipeline,” “optimistic,” “committed,” “anticipates,” “continue,” “expects,” “look forward,” “guidance,” “opportunities,” “position,” “focus, ” or “plan” or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available to SpartanNash as of today’s date, and are not guarantees of the future performance of the company, and actual results may vary materially from the results and expectations discussed. Additional risks and uncertainties include, but are not limited to, the company’s ability to compete in the highly competitive grocery distribution, retail grocery, and military distribution industries. Additional information concerning these and other risks is contained in SpartanNash’s most recently filed Annual Report on Form 10-K, recent Current Reports on Form 8-K and other SEC filings. All subsequent written and oral forward-looking statements concerning SpartanNash, or other matters and attributable to SpartanNash or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. SpartanNash does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Investor Contact:
Chris Meyers
Executive Vice President & CFO
(616) 878-8023

Media Contact:
Meredith Gremel
Vice President Corporate Affairs and Communications
(616) 878-2830

Source: SpartanNash Company

Schnucks: Bee International recalls Plastic Heart Tubes of Chocolate Lentils due to undeclared milk protein – a known allergen

St. Louis, 2017-Feb-23 — /EPR Retail News/ — Bee International has recalled Plastic Heart Tubes of Chocolate Lentils because the product contains undeclared milk protein – a known allergen. People with a dairy allergy or sensitivity may run the risk of a serious or life-threatening allergic reaction if they consume this product.

Schnucks customers are urged to check for:

Plastic Heart Tubes of Lentils

1.7 oz.

UPC: 0-73563-00805-9

Best Before: April 2019

Customers may return any unused product to their nearest store for a full refund. Those with questions can contact Bee International at 1-800-421-6454 or the Schnucks Consumer Affairs Department at 314-994-4400 or 1-800-264-4400.

Media Contact:

Paul Simon
314-994-4603
psimon@schnucks.com

Source: Schnucks

New MinuteClinic walk-in medical clinic opens inside CVS Pharmacy store in Mt. Vernon Triangle neighborhood, Washington, DC

Woonsocket, RI, 2017-Feb-23 — /EPR Retail News/ — A new MinuteClinic walk-in medical clinic has opened inside the CVS Pharmacy store on K Street NW in Washington, DC. The new MinuteClinic, located in the heart of the Mt. Vernon Triangle neighborhood, is open Monday through Friday with no appointment necessary.

“The new MinuteClinic location in downtown Washington, DC will help increase access to high-quality, affordable health care in an area that’s convenient for people who live and work nearby,” said Andrew Sussman, M.D., President of MinuteClinic and Executive Vice President and Associate Chief Medical Officer of CVS Health. “The new clinic will also introduce even more patients to our growing suite of health care services as we continue to bring innovations and convenience to the way health care is delivered.”

MinuteClinic is staffed by nurse practitioners who specialize in family health care and can diagnose, treat and write prescriptions for acute illnesses such as strep throat and ear, eye, sinus, bladder and bronchial infections. Minor wounds and abrasions, and sprains, strains and joint pain are treated, and common vaccinations such as influenza, tetanus, pneumonia and Hepatitis A & B are available.

Prevention and wellness services offered at MinuteClinic include screening and monitoring for diabetes, high blood pressure and high cholesterol, tuberculosis (TB) testing, contraceptive care, motion sickness prevention and smoking cessation. In addition, the nurse practitioners can evaluate and treat common skin conditions, such as acne, dermatitis and rosacea.

At the conclusion of each MinuteClinic visit, patients receive educational material, a prescription (when clinically appropriate) and a visit summary. A copy of the diagnostic record can be sent electronically, or by fax or mail, to a primary care provider with patient permission.

Most major health insurance is accepted at MinuteClinic. For patients paying cash or credit, treatment prices are posted at each clinic and online at www.minuteclinic.com. The cost for most services is between $89 and $129.

Individuals who visit MinuteClinic and do not have a primary care provider are given a list of physicians in the community who are accepting new patients.

The new MinuteClinic walk-in medical clinic is located at 655 K Street NW in Washington, DC. The clinic is open from 8:30 a.m. to 3 p.m. Monday through Friday.

A new digital tool accessible via www.minuteclinic.com allows patients to view wait times at all MinuteClinic locations and hold a place in line from the convenience of their smartphone, computer or tablet.

About MinuteClinic

MinuteClinic is the retail medical clinic of CVS Health (NYSE: CVS), the largest pharmacy health care provider in the United States. MinuteClinic launched the first retail medical clinics in the United States in 2000 and is the largest provider of retail clinics with more than 1,100 locations in 33 states and the District of Columbia. By creating a health care delivery model that responds to patient demand, MinuteClinic makes access to high-quality medical treatment easier for more Americans. Nationally, the company has provided care through more than 34 million patient visits, with a 95 percent customer satisfaction rating. MinuteClinic is the only retail health care provider to receive four consecutive accreditations from The Joint Commission, the national evaluation and certifying agency for nearly 21,000 health care organizations and programs in the United States. For more information, visit www.minuteclinic.com.

Media Contacts:

Amy Lanctot
(401) 770-2931
CVS Health
Amy.Lanctot@cvshealth.com

Brent Burkhardt
(410) 986-1303
TBC (for MinuteClinic)
bburkhardt@tbc.us

Source: CVS Health

CVS Pharmacy continues to evolve into a premier health destination with the removal of partially hydrogenated oils from all exclusive store brands food products

WOONSOCKET, R.I., 2017-Feb-23 — /EPR Retail News/ — CVS Pharmacy is the first national retail pharmacy chain to announce the removal of partially hydrogenated oils (PHO), the primary source of artificial trans fats in processed foods, from all its exclusive store brands food products. The retailer now offers over 600 exclusive snack and grocery options which are free from artificial trans fats. This comes a year and a half ahead of the Food and Drug Administration’s deadline of June 2018 for processed foods to be reformulated without artificial trans fats, underscoring the company’s ongoing commitment to customers’ health. Linked to rising rates of heart disease in the U.S., the removal of artificial trans fats in processed foods is expected to aid in reducing coronary heart disease and help prevent thousands of fatal heart attacks every year. With its purpose of helping people on their path to better health, CVS Pharmacy continues to ensure its own store brands demonstrate quality and innovation that match or exceed industry standards, while offering the best possible value.

“We applaud CVS Pharmacy for working proactively to remove artificial trans fats from its store brands products well in advance of the federal deadline,” said Dr. Eduardo Sanchez, Chief Medical Officer for Prevention at the American Heart Association. “The early removal of trans fats in all CVS Pharmacy store brands products will help to improve overall heart health and prevent heart disease for many Americans.”

“At CVS Pharmacy we are dedicated to helping our customers lead healthier lives, and moved quickly to ensure all of our snack and grocery store brands products are free from artificial trans fats,” said Judy Sansone, senior vice president front store business & chief merchant, CVS Health. “Our commitment to producing high quality products reinforces that CVS Pharmacy is a leading health destination.”

Effective since the start of January, all snack and grocery store brands products developed by CVS Pharmacy and shipping to distribution centers are free from artificial trans fats. The early removal of artificial trans fats from all store brands products follows a significant expansion of healthy foods to stores nationwide throughout 2016. This initiative is a critical step as the company continues to evolve into a premier health destination, providing millions of customers healthier food options that are convenient, affordable and innovative. Other initiatives include:

  • The nationwide roll-out of the exclusive store brand CVS Health, a flagship line of more than 2,500 health and wellness products focused on effective and affordable care as well as unexpected innovations spanning 19 categories.
  • Moving healthy foods towards the front of stores.
  • Dedicating roughly 25 percent of front checkout space to better-for-you snacks.
  • Introducing healthy eating trend zones that showcase carefully curated selections of paleo, raw and vegan snacks at key periods throughout the year.
  • The “Fit Choices” shelf tagging program, helping customers easily find healthier items in stores by clearly identifying products that fit nutritional and dietary preferences including heart healthy, good source of protein, gluten free, sugar free, organic and non-GMO project verified.

CVS Pharmacy is also committed to expanding its exclusive Gold Emblem abound snack and grocery line to provide customers with additional wholesome, great-tasting products that are free from artificial preservatives and flavors. The line offers a variety of products that are gluten-free, USDA organic, non-GMO project verified, heart healthy, low sodium, high in protein, a good source of fiber or sugar-free.

To find a nearby CVS Pharmacy location, please visit CVS.com/stores. CVS Pharmacy stands behind all of its store brand products, with a 100 percent money back satisfaction guarantee.

About CVS Pharmacy
CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with over 9,700 locations. It is the first national pharmacy to end the sale of tobacco and the first pharmacy in the nation to receive the Community Pharmacy accreditation from URAC, the leading health care accreditation organization that establishes quality standards for the health care industry. CVS Pharmacy is reinventing pharmacy to help people on their path to better health by providing the most accessible and personalized expertise, both in its stores and online at CVS.com. General information about CVS Pharmacy and CVS Health is available at www.cvshealth.com.

CONTACT:

Stephanie Cunha
401-770-9354
stephanie.cunha@cvscaremark.com

SOURCE: CVS Pharmacy

The Home Depot® president — Online Kevin Hofmann to present at the Raymond James 38th Annual Institutional Investors Conference

ATLANTA, 2017-Feb-23 — /EPR Retail News/ — The Home Depot®, the world’s largest home improvement retailer, today (Feb. 22, 2017) announced that Kevin Hofmann, president — Online, and chief marketing officer, will present at the Raymond James 38th Annual Institutional Investors Conference in Orlando, Florida. The presentation will begin at 8:40 a.m. ET on March 7, 2017.

The presentation will be webcast live over the internet at http://ir.homedepot.com/events-and-presentations. A link will be displayed under “Events and Presentations.” The webcast will be archived and available at the same location after the conclusion of the live event and will be available until April 6, 2017.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,278 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Contact:

Email: investor_relations@homedepot.com
IR Coordinator: 770-384-2871

SOURCE: The Home Depot

Amazon again ranked #1 in the annual Harris Corporate Reputation Poll

  • Score of 86.27 is a record high in 18-year history of poll
  • Today only, Amazon is offering a discount of $8.62 on orders of $50 or more to thank customers
  • Company receives “excellent” rating across all six dimensions of corporate reputation: Emotional Appeal, Workplace Environment, Products & Services, Financial Performance, Vision & Leadership, and Social Responsibility
  • Amazon ranks in top 10 for ninth straight year and #1 two years running

SEATTLE, 2017-Feb-23 — /EPR Retail News/ — For the second straight year, Amazon ranked #1 in the annual Harris Corporate Reputation Poll. Amazon has now ranked in the top 10 for nine straight years and this year earned a record-high score of 86.27 for the 18-year survey. The survey, conducted by Harris Poll, surveys more than 23,000 people across the U.S. on six dimensions of corporate reputation—Emotional Appeal, Workplace Environment, Products & Services, Financial Performance, Vision & Leadership, and Social Responsibility—and respondents rated Amazon “excellent” in all six. To thank customers, Amazon is offering a discount today of $8.62 on orders of $50 or more. Customers can take advantage of the discount by entering the code BIGTHANKS at checkout.

“A huge thank you to customers—we’re energized by this recognition and will keep working and inventing on your behalf,” said Jeff Bezos, Amazon founder and CEO. “And congratulations to all Amazonians—these accolades are a direct result of the whole team’s obsession over customers, pioneering spirit, commitment to operational excellence and willingness to lean into bold bets.”

Amazon continues to innovate across all six dimensions of corporate reputation—becoming the largest corporate purchaser of renewable energy in 2016, pioneering programs for employees like Career Choice, offering egalitarian benefits so employees in Fulfillment Centers receive the same benefits as top execs, creating hundreds of thousands of direct jobs and hundreds of thousands more at small businesses through Marketplace and FBA, and inventing for customers with products and services like Kindle and Alexa.

About Amazon

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

Media Hotline:

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

Source: Amazon.com, Inc.

The latest generation Amazon Fire TV Stick now available in the UK, Germany, and Japan

The latest generation Amazon Fire TV Stick now available in the UK, Germany, and Japan

 

SEATTLE, 2017-Feb-23 — /EPR Retail News/ — Amazon has announced that the latest generation Amazon Fire TV Stick is now available for customers in the UK, Germany, and Japan. Read the press release announcing Fire TV Stick with Alexa Voice Remote in the UK: www.amazon.co.uk/pr, Germany: www.amazon-presse.de, and the Fire TV Stick with Voice Remote in Japan: www.amazon.co.jp/press.

“Our customers love Fire TV, and we’re thrilled to introduce the latest generation Fire TV Stick in the UK, Germany, and Japan,” said Marc Whitten, Vice President, Amazon Fire TV. “Since its recent launch in the US, the all-new Fire TV Stick has quickly become a best-seller on Amazon.com and received more than 35,000 five-star reviews. With our new content-forward UI, powerful voice search, and a growing collection of movies, TV episodes, and apps, Fire TV helps customers easily find and enjoy their favorite TV content.”

The all-new Fire TV Stick is 30 percent faster than the previous best-selling version, has a powerful quad-core processor for streaming high-quality video, and offers access to thousands of apps, games, movies, and TV shows. Customers in the UK and Germany can also use the included Alexa Voice Remote to get the news and weather, check their commute, get sports scores, create shopping lists, play music, and more. With the included voice remote, customers in Japan can use their voice to search for their favorite programming and control playback of Amazon Video content.

With the new Fire TV Stick, customers have access to a completely redesigned interface that makes finding what to watch even easier and more enjoyable. Fire TV Stick offers a new cinematic experience, delivering video trailers and content screenshots to help customers access the content they want. Fire TV also shows you the best viewing options – stream, rent, or buy – to help you choose content based on convenience and value. Finding and enjoying apps and games is also easy with a customizable app list on the home screen.

The all-new Fire TV Stick with Alexa Voice Remote is available for pre-order now in the UK and Germany, and will ship to customers starting in April. The latest generation Fire TV Stick with Voice Remote is available for pre-order now in Japan and will begin shipping to customers April 6.

About Amazon

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

Media Hotline:

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

Source: Amazon.com, Inc.

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Tesco’s finest Belgian Milk Chocolate Hidden Egg voted the Good Housekeeping Easter Egg of the Year

Tesco’s finest Belgian Milk Chocolate Hidden Egg voted the Good Housekeeping Easter Egg of the Year

 

CHESHUNT, England, 2017-Feb-23 — /EPR Retail News/ — Chocolate lovers should look no further for their Easter treat after Tesco’s finest* Belgian Milk Chocolate Hidden Egg has beaten the best of the high street, including luxury artisan rivals, to be voted the Good Housekeeping Easter Egg of the Year.

It’s the second year in succession that Tesco has won the coveted award. This year, the judges were impressed by the award-winning Hidden Egg and praised its decadent look and ‘meltingly smooth chocolate.’

The Good Housekeeping Institute assessed 127 Easter eggs on their appearance, aroma and texture to find the best eggs for kids, teenagers, adults, sharing and free-from.

With a score of 80/100, it came joint top in a blind taste test with the Bettys Trio Spring Flower Eggs.

In addition, Tesco also scooped second place in the Good Housekeeping Hot Cross Bun tasting with its finest* Extra Fruity Hot Cross Buns.  The buns were found to have ‘plenty of fruit’ and to be ‘delicately spiced’ – a winning combination for the testers.

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

Contact:
Tesco Press Office
01707 918 701

Source: Tesco

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100% plastic-free: Sainsbury’s will replace plastic stems and adhesive from cotton buds

100% plastic-free: Sainsbury’s will replace plastic stems and adhesive from cotton buds

 

London, 2017-Feb-23 — /EPR Retail News/ — Sainsbury’s has become the first retailer to publicly commit to the removal of 100% of plastics in its cotton buds. The move means the adhesive, which holds the cotton bud to the stem, will be replaced by a fully biodegradable substance that – unlike common strong adhesives – will be 100% free from plastic. The retailer is already in talks to find a suitable replacement adhesive.

  • New design will replace the plastic stems and adhesive from cotton buds
  • Retailer is first to publicly commit to finding a biodegradable version of this bathroom staple
  • Sainsbury’s to share details of new biodegradable adhesive with others to encourage further uptake
  • Retailer is microbead free all own brand products

At present common adhesives used on cotton buds are not biodegradable, and Sainsbury’s is the first retailer to pledge publicly to introduce a new biodegradable glue. What’s more, once a practical solution has been found, Sainsbury’s will share the details of the adhesive amongst the industry so that other producers can choose to make the switch.

The move comes after the retailer announced its plans to remove the plastic stems in the products, replacing them with a biodegradable paper option. Sainsbury’s has committed to changing the stem in 2017, and hopes to phase in the new biodegradable adhesive at the same time.  This would mean that the buds would be 100% biodegradable.

Each year, Sainsbury’s sells over 300 million own-brand cotton buds, with the revised products expected to remove over 50 tonnes of plastic from production.

While cotton buds are not designed to be flushed away, despite on-pack warnings, many end up in the sea as consumers flush them down the toilet rather than disposing of them in household waste.  The Marine Conservation Society’s 2016 Big Beach Clean Report found that the number of cotton bud sticks found on UK beaches had doubled since 2012, from an average of 11 to 24 for every 100 metres. This move means neither plastic stems nor the plastic based adhesive will end up in the sea.

In addition to these changes, Sainsbury’s also plans to increase the prominence of the ‘do not flush’ warnings on the front of cotton bud packs, introducing a new industry-standard marking to help advise customers.

Speaking of the switch Judith Batchelar, Director of Sainsbury’s Brand, said: “We’re always looking for ways to make our products more sustainable and switching to a biodegradable adhesive to our own brand cotton buds is a great example, furthering our promise to remove the plastic stems. Openness and sharing within the industry is going to be key in driving the uptake of sustainable choices, which is why we are committed  to share the new biodegradable glue once it’s developed. This is more than making a competitive product, it’s doing what’s fundamentally right for the environment.”

Dr Clare Cavers, Research Officer for environmental charity Fidra, commented: “Cotton buds should always be bagged and binned but we know that many people still flush them away. Education is key and these changes from Sainsbury’s will have a huge impact on marine health, especially with their pledge to share the revised formula with competitors.  It’s great to see this sustainable way of thinking continuing to prevail.”

Natalie Fee, founder of plastic pollution campaign group City to Sea, added: “Preventing plastics from reaching the ocean is essential for ensuring the health of our marine wildlife and also from stopping plastics entering the food chain. It’s great that retailers have agreed to switch the stick, but this move from Sainsbury’s goes even further to protect our oceans.”

The move is part of Sainsbury’s continued drive to heighten sustainability across all areas of its business, with the retailer previously setting out a number of public commitments within its Sustainability Plan.  Included within this is a pledge to source sustainable fish whilst protecting marine ecosystems. Last year Sainsbury’s was acknowledged with the ‘Seafood Champion Award for Leadership’ at the Seafood Summit, recognising leadership by bringing together seafood stakeholders to improve sustainability. Elsewhere the retailer a supporter of projects like the Global Ghost Gear Initiative, which works to protect our oceans by tackling the issue of lost or abandoned fishing gear.

Press Enquiries:
Email: press_office@sainsburys.co.uk
Tel: 020 7695 7295.

Source: Sainsbury

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Givenchy celebrates designer Hubert de Givenchy and his friendship with Audrey Hepburn thru an exhibition in The Hague, Netherlands

Givenchy celebrates designer Hubert de Givenchy and his friendship with Audrey Hepburn thru an exhibition in The Hague, Netherlands

 

Paris, 2017-Feb-23 — /EPR Retail News/ — When he retired in 1995, Hubert de Givenchy left the House an incredibly rich heritage. His impeccably preserved creations are currently featured in an exhibition entitled “Hubert de Givenchy: To Audrey With Love” in The Hague, Netherlands. The exhibition pays homage to his close friend and muse, the British actress Audrey Hepburn.

After 43 years of designing exquisite haute couture, womenswear and menswear clothes, Hubert de Givenchy retired in 1995, leaving an exceptional heritage. In  March 2016, Givenchy set up a special conservation department to preserve and showcase this exceptional heritage. This initiative has enabled impeccable preservation in the Givenchy heritage archives of numerous clothes and accessories designed between 1952 and 1995. They include emblematic pieces that belonged to faithful friends of Monsieur de Givenchy such as Audrey Hepburn, Jackie Kennedy and the Duchess of Windsor.

The exhibition “Hubert de Givenchy: To Audrey With Love” currently on show at the Gemeentemuseum in The Hague pays homage to the designer and his unique friendship with Audrey Hepburn. Maison Givenchy has loaned nearly 50 haute couture creations along with a hundred accessories. Hubert de Givenchy’s creations are also featured in excerpts from renowned movies in which Audrey Hepburn wore them, including Sabrina, How to Steal a Millionand Breakfast at Tiffany’s.

The exhibition runs until March 26th in The Hague before being adapted for venues in Switzerland and Calais:

– “Audrey Hepburn & Hubert de Givenchy, an Elegant Friendship” at the  Fondation Bolle in Morges, Switzerland from May 19 – September 17, 2017.

– “Hubert de Givenchy” at the Cité Internationale de la Dentelle et de la Mode in Calais, France, from June 15 – December 31, 2017.

Contact:

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

Source: LVMH

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Lowe’s Companies, Inc. to host 4Q 2016 earnings conference call on Wednesday, March 1, 2017

MOORESVILLE, N.C., 2017-Feb-23 — /EPR Retail News/ — In conjunction with the Lowe’s Companies, Inc. (NYSE: LOW) fourth quarter 2016 earnings press release, you are invited to listen to its conference call to be broadcast live over the internet on Wednesday, March 1, 2017 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Michael P. McDermott, chief customer officer; and Robert F. Hull, Jr., chief financial officer.  Supplemental slides will be available fifteen minutes prior to the start of the conference call.

What: Fourth Quarter 2016 Earnings Conference Call Webcast

When: 9:00 a.m. Eastern Time on Wednesday, March 1, 2017

Where: Visit Lowe’s Investor Relations website at http://www.Lowes.com/investor
Click on Webcasts and then on Lowe’s Fourth Quarter 2016 Earnings Conference Call

How: Listen live online and view the supplemental slides by following the directions above

A webcast replay of the call can be accessed from 12:00 p.m. ET on March 1, 2017 through May 23, 2017 by visiting http://www.Lowes.com/investor and clicking on Webcasts and then on Lowe’s Fourth Quarter 2016 Earnings Conference Call.

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
Email: PublicRelations@Lowes.com

SOURCE: Lowe’s Companies, Inc.

NRF and RILA urges supreme court not to revive controversial 2012 settlement of credit card swipe fees

WASHINGTON, 2017-Feb-23 — /EPR Retail News/ — The National Retail Federation and the Retail Industry Leaders Association today (February 21, 2017) asked the U.S. Supreme Court to let stand an appeals court ruling that struck down a controversial 2012 settlement of a class action lawsuit over Visa and MasterCard’s credit card swipe fees.

“This alleged ‘settlement’ was a backroom deal that would have done nothing to end price fixing or keep swipe fees from soaring in the future,” NRF Senior Vice President and General Counsel Mallory Duncan said. “Even worse, it includes a provision that would keep merchants from ever suing over this issue again. The Circuit Court did the right thing in tossing this case out and it should not be revived. There are ways to bring swipe fees under control but this settlement is not one of them.”

“This is not just a business-to-business dispute,” Duncan said. “These fees drive up the price of retail merchandise, costing the average family hundreds of dollars a year in added expenses.”

The 2nd U.S. Circuit Court of Appeals last year struck down a $7.25 billion antitrust settlement approved by U.S. District Court Judge John Gleeson in a 2005 lawsuit brought by a small group of retailers and trade associations claiming to represent the retail industry.

Gleeson approved the settlement even though NRF and others argued that it failed to reform the price-fixing system under which Visa and MasterCard set fees for credit cards issued by thousands of banks. Rather than lower the fees, the card companies proposed in the settlement that they be passed along to consumers as a surcharge. Major retailers rejected the surcharge proposal, saying it was the opposite of what they sought, while small retailers would have seen as little as a few hundred dollars each. Retailers who rejected the monetary settlement would have still been bound by other restrictions the court would not let them opt out of, including a prohibition on future lawsuits over the fees.

NRF in 2014 asked the 2nd Circuit to overturn the settlement, saying a broad cross section of the retail industry ranging from independent Main Street stores to national chains opposed the deal. The appeals court ruled in NRF’s favor last year, saying that merchants “were inadequately represented” in the case. That ruling, however, has been appealed to the Supreme Court by some of the original plaintiffs.

“The settlement itself achieved nothing important for merchants that accept credit cards, which is why every prominent group that represents merchants has opposed it,” NRF and RILA said in a joint brief filed today with the Supreme Court. “This deal is a bad one, unworthy of resuscitation.”

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. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. NRF.com

Contact:
J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

Source: NRF

RILA and NRF oppose the attempt of banks and credit card companies to convince SCOTUS to reinstate unfair settlement terms of MDL1720

Arlington , VA, 2017-Feb-23 — /EPR Retail News/ — Today (2/22/2017), the Retail Industry Leaders Association (RILA) and National Retail Federation (NRF) filed a joint brief opposing the attempt of large banks and credit card companies to convince the U.S. Supreme Court to reinstate the unfair settlement terms of MDL1720 – the lawsuit challenging the anti-competitive behavior of major financial services industry players in setting credit card fees. The case is captioned “Photos, Etc. Corp, et al. v. Home Depot U.S.A., Inc., et al.”

The Second Circuit vacated the MDL1720 settlement after finding that the settlement was developed by conflicted counsel and granted the banks and card networks “permanent immunity” from scrutiny of their anti-competitive practices. In their request for an appeal of the lower court’s decision, the proponents of the settlement claimed to speak for the merchant community.

In the brief filed today, RILA and NRF, the trade associations that actually represent the retail community on a day-to-day basis, explained that the merchant community broadly opposes the settlement and are, in fact, “united in the view that this deal is a bad one, unworthy of resuscitation.”

“Merchants and consumers continue to suffer from the anti-competitive practices of banks and card networks. The plaintiffs’ suggestion that they represent the interests of the broader merchant community defies common sense given the unprecedented level of merchant objection expressed at the Second Circuit and in today’s brief.The Supreme Court should not grant certiorari in this case but, instead, should allow the Second Circuit’s decision to stand, thereby providing the potential for a more reasonable outcome for all parties,” said Deborah White, RILA senior executive vice president and general counsel.

According to the brief:

“Vacating this settlement and correcting the structural flaws that led to it in the first place may allow the parties to go back to the drawing board to reach a settlement with terms that are more fair.”

“Faced with the choice between a “confiscat[ory]” release that “permanently immunizes” defendants’ anti-competitive conduct and no settlement at all—thereby preserving merchants’ future right to pursue these claims— merchants prefer the latter, further demonstrating why certiorari should not be granted.”

The brief concludes:

“For the reasons stated above and in Merchant Respondents’ Brief in Opposition, the petition for a writ of certiorari should be denied.”

The full brief, drafted by Debra L. Greenberger and Andrew G. Celli, Jr. of Emery Celli Brinckerhoff & Abady, LLP, can be read here.

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:

Christin Fernandez
Vice President, Communications
Phone: 703-600-2039
Email: Christin.fernandez@rila.org

Source: RILA

Wegmans Food Markets president Colleen Wegman to deliver keynote address at St. John Fisher College’s 63rd Commencement ceremony

Wegmans Food Markets president Colleen Wegman to deliver keynote address at St. John Fisher College’s 63rd Commencement ceremony

 

PITTSFORD, NY, 2017-Feb-23 — /EPR Retail News/ — More than 1,000 students will graduate from St. John Fisher College during its 63rd Commencement, which begins at 9:30 a.m. on Saturday, May 13, 2017, at the Blue Cross Arena in Rochester.

Colleen Wegman, president of Wegmans Food Markets, Inc., will deliver the keynote address during the ceremony, which will see baccalaureate, master’s, and doctoral students receive their diplomas.

“We are honored to have Colleen serve as the keynote speaker at our Commencement ceremony. Her professional and personal accomplishments and demonstrated commitment to the community are a great example for our graduates,” said Gerard J. Rooney, president of the College. “The values of the College align so closely with those of the Wegmans company, and we look forward to the wisdom and advice she will offer.”

Founded in 1916, Wegmans is a family-owned supermarket chain with 92 stores in six states. Ms. Wegman first joined the company in 1991 and was named president in 2005.  Locally, more than 600 Fisher alumni and current students work or intern with the company, and many have received scholarships through the Wegmans Employee Scholarship Program, which began in 1984.

Under Ms. Wegman’s leadership, the company has received dozens of awards and accolades touting its excellence as an employer and retailer, as well as its commitment to the community. Among those awards are the inaugural Champion of Diversity award from Supermarket News, the 2009 Corporate Stewardship Award from the U.S. Chamber of Commerce Business Civic Leadership Center, and a #2 ranking for Corporate Reputation, among the “100 most visible companies,” in the 2017 Harris Poll Reputation Quotient® study. Wegmans has also been on FORTUNE magazine’s list of the “100 Best Companies to Work For” since the list began in 1998.

The Wegman family have been benefactors of the College for more than 60 years. The late Robert B. Wegman—Ms. Wegman’s grandfather—joined the Board of Trustees in the 1960s, and over the years, his philanthropic efforts helped transform both academic and co-curricular aspects of the Fisher student experience. In 2005, a $5 million gift led to the foundation of the Wegmans School of Pharmacy, and a year later, an $8 million gift—the largest in College history—established the Wegmans School of Nursing. Both gifts enabled the College to build facilities to house the Schools, which boast state-of-the-art laboratories and learning spaces.

At the ceremony, Ms. Wegman will follow in her grandfather’s footsteps, becoming the second family member to receive an honorary degree from the College; a first for the institution. In 1985, Mr. Wegman was given an Honorary Degree of Doctor of Laws by then-president, Rev. Patrick O. Braden, C.S.B.; Ms. Wegman will receive an Honorary Degree of Doctor of Humane Letters.

“It is a special honor to be part of this year’s commencement at St. John Fisher College,” said Wegman.  “We have had a long-standing partnership and connection with the school that started with my grandfather, and we are very proud of that.  We respect Fisher’s mission, and we know that their values align with ours.  I look forward to celebrating the Class of 2017.”

A 1993 graduate of the University of Colorado, Ms. Wegman also holds a master’s degree from the Simon Business School at the University of Rochester. She serves on the Board of Directors for the Food Marketing Institute, and locally, has held several positions with the United Way of Greater Rochester, including board chairperson.

The Commencement ceremony is the culmination of a week-long series of events and activities celebrating members of the Class of 2017. For more information about the ceremony, visit the College’s Commencement website.

About St. John Fisher College

St. John Fisher College is a coeducational liberal arts institution located in Pittsford, N.Y. The campus is situated on 154 park-like acres—a beautiful setting for 26 modern buildings and a warm, friendly campus community of over 2,600 full-time undergraduates, nearly 200 part-time undergraduates, and over 1,000 graduate students.

Founded in 1948 by the Congregation of St. Basil as a Catholic College for men, St. John Fisher College became independent in 1968 and coeducational in 1971. As it moves through the twenty-first century, the College remains true to its Catholic and Basilian heritage. The College now offers 35 academic majors in the humanities, social sciences, natural sciences, business, education, and nursing, as well as 11 pre-professional programs. Fisher also offers a variety of master’s and doctoral programs.

About Wegmans Food Markets, Inc.
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:

St. John Fisher College
Melissa Greco Lopes
Assistant Director of Marketing and Communications
585-385-8190

Wegmans Food Markets
Jo Natale
Vice President of Media Relations
585-429-3627

Source: Wegmans Food Markets, Inc.

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Bee International recalls Plastic Heart Tubes with Chocolate Lentils that may contain undeclared milk protein

Bee International recalls Plastic Heart Tubes with Chocolate Lentils that may contain undeclared milk protein

 

Chula Vista, CA, 2017-Feb-23 — /EPR Retail News/ — Bee International, Inc. of Chula Vista, CA is recalling its 1.7oz. Plastic Heart Tubes with Chocolate Lentils because they may contain undeclared milk protein. People who have allergies to milk may run the risk of serious or life-threatening allergic reaction if they consume this product.

The recalled “Chocolate Lentils” were distributed nationwide in retail stores and through food distributors.

The product comes in a 1.7 oz clear plastic tube marked with Best Before April 2019 on the label and bearing the UPC 0-73563-00805-9. It is a Valentine item consisting of chocolate lentils packed inside the clear plastic tube, with a heart shaped topper as a lid.

The recall was initiated after it was discovered that the milk-containing product was used during the packaging of the product. Subsequent investigation indicates the problem was caused by a temporary breakdown in the company’s production and packaging processes.

Consumers who have purchased 1.7 oz. Plastic Heart Tubes with Chocolate Lentils with Best Before April 2019 are urged to return them to the place of purchase for a full refund. Consumers with questions may contact the company at 1-800-421-6465, Monday-Friday from 7:30 am-4:00 pm, PST.

Consumers Contact:

1-800-421-6465

Media Contact:

Chuck Block
619-710-1800

Source: FDA

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Dollar General to build its 16th distribution center located in Amsterdam, New York

Project expected to create 430 jobs in Montgomery County when fully operational; Facility to serve as 16th distribution center for major discount retailer

GOODLETTSVILLE, Tenn., 2017-Feb-23 — /EPR Retail News/ — Dollar General (NYSE: DG) today (February 22, 2017) announced plans to build the company’s 16th distribution center in Amsterdam, New York, located in Montgomery County. At full capacity, the project is expected to create 430 new jobs, as well as up to 200 additional, temporary construction jobs needed to build the project. After necessary permits and approvals are received, construction on the estimated 750,000-square-foot facility should begin in late spring 2017 with a planned completion date in fall 2018.

“Dollar General is excited to add another state-of-the-art and highly-efficient distribution center to support our growing store network in both New York and throughout the northeast,” said Todd Vasos, Dollar General’s CEO. “It’s very exciting to move forward on a project that will create more than 400 jobs in Montgomery County. I am grateful for our continued partnership and support on this project from New York Governor Andrew Cuomo, New York’s Empire State Development and local leadership in Montgomery County.”

Dollar General has selected Clayco as the project’s official general contractor, Leo A. Daly as the architectural engineering firm and Elan Design as the civil engineering firm.

When fully operational, the facility is expected to supply products to approximately 800 Dollar General stores throughout New York and the northeastern states that Dollar General serves. Dollar General most recently opened its 14th distribution center in Janesville, Wisconsin and is currently under construction on its 15th facility in Jackson, Georgia. Regionally, the most recent distribution center was completed in 2014 in Bethel, Pennsylvania.

Amsterdam was chosen in part for its convenient location to Interstate 90, its proximity to Dollar General stores throughout the northeast, Montgomery County’s local business environment, quality workforce in the area and the availability of local and state economic incentives, among numerous other considerations.

In New York, Dollar General currently operates approximately 360 stores with more than 3,000 employees. Earlier this month, the company announced plans to create roughly 340 net new jobs in New York as a result of new store growth planned for its 2017 fiscal year.

Dollar General’s 15 other distribution centers are located in Alabama, California, Florida, Georgia, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, Wisconsin.

Stock footage and project renderings are available on the Dollar General Newsroom. For additional information, photographs or items to supplement a story, please contact the Media Relations Department at 1-877-944-DGPR (3477) or via email at dgpr@dg.com.

Forward-Looking Statements

Dollar General includes “forward-looking statements” within the meaning of the federal securities laws throughout this release. A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as “will,” “should,” “expected,” “anticipate,” “plan,” “estimated,” and similar expressions that concern Dollar General’s strategy, plans, intentions or beliefs about future occurrences or results.

Forward-looking statements are subject to risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those that Dollar General expected. Many of these statements are derived from Dollar General’s operating budgets and forecasts, which are based on many detailed assumptions that Dollar General believes are reasonable, or are based on various assumptions about certain plans, activities or events which we expect will or may occur in the future. However, it is very difficult to predict the effect of known factors, and Dollar General cannot anticipate all factors that could affect actual results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors, including those factors disclosed under “Risk Factors” in Dollar General’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 22, 2016 and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on December 1, 2016.

All forward-looking statements are qualified in their entirety by the cautionary statements that Dollar General makes from time to time in its SEC filings and public communications. Dollar General cannot assure the reader that it will realize the results or developments Dollar General anticipates, or, even if substantially realized, that they will result in the consequences or affect Dollar General or its operations in the way Dollar General expects. Forward-looking statements speak only as of the date made. Dollar General undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, Dollar General.

About Dollar General Corporation

Dollar General Corporation has been delivering value to shoppers for over 75 years through its mission of Serving Others. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operates 13,320 stores in 43 states as of February 3, 2017. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.

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Contacts:

Investor Contacts:
Mary Winn Pilkington
615-855-5536

Matt Hancock
615-855-4811

Media Contacts:
Dan MacDonald
615-855-5209

Crystal Ghassemi
615-855-5210

Media Hotline:
877-944-DGPR (3477)
dgpr@dg.com

Source: Dollar General Corporation