Brixmor Property Group announces the acquisition of Arborland Center in Ann Arbor, Michigan for $102 million

NEW YORK, 2017-Mar-07 — /EPR Retail News/ — Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today (March 6, 2017) the acquisition of Arborland Center, a 404,000 square foot grocery-anchored regional shopping destination located in Ann Arbor, Michigan, for $102 million. Arborland Center is located in a high barrier-to-entry trade area situated between the University of Michigan and Eastern Michigan University and is anchored by a range of best-in-class retailers including Kroger, DSW, Marshalls, Nordstrom Rack, Starbucks and Ulta.

With the acquisition of Arborland Center, Brixmor owns four assets totaling over 1 million square feet in the Ann Arbor MSA, including Maple Village, an open-air shopping center currently undergoing redevelopment.  Brixmor recently replaced a former Kmart at Maple Village, which is also anchored by a specialty grocer, with HomeGoods, Michigan’s first Sierra Trading Post and Stein Mart. The Company intends to leverage its local market expertise, deep retailer relationships and value creation capabilities to drive cash flow growth at Arborland Center through near-term remerchandising and repositioning and long-term site densification.

“The acquisition of Arborland positions Brixmor as the largest institutional open-air landlord in the Ann Arbor market and is another great example of our strategy to cluster our ownership of assets in successful retail corridors and dynamic markets across the country. We see significant opportunities to enhance the merchandising at the center, densify the site and expand Arborland’s regional draw, while capitalizing on the below market rents at the center,” commented Mark Horgan, Executive Vice President, Chief Investment Officer.


Brixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company’s more than 500 retail centers comprise 86 million square feet in established trade areas across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing reinvestment opportunities. Headquartered in New York City, Brixmor is a partner to more than 5,500 best-in-class national, regional and local tenants and is the largest landlord to The TJX Companies and The Kroger Company.

This press release may contain 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 statements include, but are not limited to, statements related to the Company’s expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at  Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

SOURCE: Brixmor Property Group Inc.

The Andersons to sell its farm center locations in Florida to Wedgworth’s Inc.

MAUMEE, Ohio, 2017-Mar-07 — /EPR Retail News/ — The Andersons, Inc. (Nasdaq: ANDE) announces it has signed an agreement to sell its farm center locations in Florida to Wedgworth’s Inc., of Belle Glade, Florida. This agreement includes real estate and assets owned by The Andersons at Zellwood, Clewiston, and Lake Placid as well as the assets and operations located in Immokalee.

“Over time it has become clear the Florida farm centers are not strategically aligned with our locations in the Eastern Corn Belt,” said CEO Pat Bowe. “We believe Wedgworth’s will continue to effectively serve the needs of the growers in this region and make good use of the capable workforce and assets in Florida.”

The Andersons obtained the Florida farm centers through the acquisitions of Douglass Fertilizer in 2008 and Immokalee Farmers Supply, Inc. in 2011. The Andersons’ products will continue to be available to customers in the region through a distribution agreement with Wedgworth’s.

“This combination brings together the state’s leading dry and liquid plant nutrient suppliers and melds the most knowledgeable team of professionals in the fertilizer industry,” says Dennis Wedgworth, President of Wedgworth’s Inc. “We are excited about the expanded capabilities of not only supplying dry and liquid plant nutrition, but also crop protection products that this acquisition allows us to offer our customers.”

About The Andersons, Inc.
Founded in Maumee, Ohio, in 1947, The Andersons is a diversified company rooted in agriculture conducting business across North America in the grain, ethanol, plant nutrient and rail sectors. For more information, visit The Andersons online at

About Wedgworth’s Inc.
Wedgworth’s Inc., founded in 1932, is a family owned and operated custom blend fertilizer company and is headquartered in Belle Glade, Florida.  The company’s plant facility is located in Moore Haven, Florida.  For more information, visit Wedgworth’s online at

For further information:
John P. Kraus
Investor Relations
Phone: 419-891-6544

SOURCE: The Andersons, Inc.

RUSSIA: Lenta announces the opening of its second hypermarket in Engels

With this opening, Lenta expands its network in the Volga region to 33 hypermarkets in 21 cities

St. Petersburg, Russia, 2017-Mar-07 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Engels.

The new store is a Lenta compact format hypermarket located at 5B Krasnoyarskaya str., Engels. The store has a total area of 9,409 sq.m with 4,991 sq.m of selling space and is open from 8.00 am till 11.00 pm, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Engels and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 300 parking spaces and 28 cash registers. The property is owned by Lenta.

This opening in Engels is Lenta’s fourth hypermarket opening in 2017 and brings the total number of Lenta stores to 195 hypermarkets in 78 cities across Russia and 50 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fifth largest retail chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 195 hypermarkets in 78 cities across Russia and 50 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,166,197 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit


Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53

Anastasia Kuznetsova,
Corporate Communications Manager
Тel:+7 (812) 336 39 97

FTI Consulting
International Media:
Leonid Fink & Jenny Payne
Тel: +44 7497 783 705

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23

Source: Lenta

Barnes & Noble to host in-store building event to conclude three-month-long celebration of The LEGO® Batman Movie

Final Event to Feature Fun Activities for Children Ages 5+ Including Building The LEGO®Batman Movie Batmobile “Speedwagon” and a Giveaway of Collectible Character Trading Cards Featuring DC Super Heroes and Super Villains

New York, New York, 2017-Mar-07 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and a leading retailer of content, digital media and educational products, today (March 6, 2017) announced, in partnership with Warner Bros. and The LEGO Group, an exciting in-store building event that will take place at stores nationwide on Saturday, March 11. This will conclude Barnes & Noble’s three-month-long celebration of the animated adventure The LEGO® Batman Movie, a worldwide hit which has so far surpassed $225 million at the box office.

The March 11 event will feature fun activities for children ages 5+ including a LEGO Make & Take event, where fans can build the iconic Batmobile “Speedwagon” from The LEGO Batman Movie to take home. Attendees can also collect the final two limited-edition Barnes & Noble Exclusive character trading cards from a series of six, and those who attended the previous two events on January 28 and February 25 will be able to put the complete set of trading cards together to create a memorable scene inspired by the movie.Specific times for the March 11 event will vary by store. Space and materials are limited, so customers are encouraged to make their plans to share in the movie’s action and adventure, while supplies last. To learn more, customers should visit or contact their local store for details.

Customers are encouraged to continue to check out Barnes & Noble’s robust offering of related merchandise from Warner Bros. Consumer Products’ global licensing and merchandising program, including a selection of books and toys, as the three-month-long celebration of The LEGO Batman Movie comes to a close. Featured books include DK’s The LEGO Batman Movie: The Essential Guide (B&N Exclusive Poster Edition) and Scholastic’s Batman’s Guide to Being Cool (The LEGO Batman Movie), as well as the exciting construction sets from The LEGO Batman Movie line, including The Joker Balloon Escape, Catwoman Catcycle Chase, The Riddler Riddle Racer, Clayface Splat Attack, Killer Croc Tail-Gator and The Batcave Break-In. Customers should contact their local store for more details on what products are available for purchase.

About Barnes & Noble

Barnes & Noble, Inc. (NYSE: BKS) is a Fortune 500 company, the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products.  The Company operates 634 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, (  The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4.5 million digital books in the US (, plus periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

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

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

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

All Contacts:

Mary Ellen Keating
Senior Vice President
Corporate Communication
(212) 633-3323

Alan McNamara
Senior Director
Corporate Communications
(212) 633-3379

Source: Barnes & Noble, Inc.

NCR showcases omni-channel solution at EuroShop 2017

NCR helps retailers address the most pressing needs in store transformation, unified commerce and digital enablement to implement their omni-channel strategies

Duluth, Ga / Dusseldorf, Germany, 2017-Mar-07 — /EPR Retail News/ — NCR Corporation, a global leader in omni-channel solutions, demonstrates at this year’s EuroShop how retailers can dramatically improve sales growth by using the right technologies. A recent Unified Commerce Landscape Report from NCR, in partnership with research and analyst firm IHL Group, found that retailers who invest in technologies designed to create seamless shopping experiences, personalization and store transformation enjoy sales boosts of up to 100 percent and more.

Not surprisingly, omni-channel, digital store and digital transformation are the top three technology trends in Retail according to a study on IT trends in retail published by the EHI Retail Institute in February 2017.

Anticipating these needs, NCR showcases solutions at this year’s EuroShop that help retailers fulfil their goals in the following key areas:

Store transformation
Retailers are moving to a seamless checkout experience to eliminate wait times and friction at the checkout. NCR is showcasing the NCR FastLane Mobile Shopper powered by Revision. This innovative new application gives retailers the ability to offer consumers a scan-as-you-shop option using either the consumer’s own iOS or Android mobile phone or a store-provided device.

Russian Hypermarket Globus is the first customer to deploy the NCR solution with these handheld devices. Globus customers that are using the scan & go service simply scan products as they put them in their cart and conclude their shopping by scanning a barcode at one of the NCR self-checkouts provided in the designated checkout-areas. These consist of the NCR SelfServ 90 as well as NCR FastLane SelfServ self-checkouts. Both of these solutions were recognized by iF Design Awards 2017 for their ease of use and innovative, modern design.

Unified commerce
For general merchandise, fashion, department stores and specialty retailers in Spain, France, Germany, Denmark and Italy, NCR has introduced NCR Enactor, a platform-independent unified commerce software suite that includes a wealth of pre-packaged retail applications that span all current customer channels as well as store and estate management. Its extensive configuration options and scale enable retailers to introduce new features quickly and replicate the same seamless shopping experience across all stores and markets.

With NCR Power Picking supermarkets and convenience retailers can take advantage of the growing trend of online grocery shopping by introducing click & connect services that are fulfilled in-store. The solution, which is part of NCR’s retail hub, leverages store level inventory and imports customers’ decision-making preferences, such as perishability dates or the ripeness of produce, through e-commerce applications. The solution translates online ordering in the workflow of brick and mortar shopping processes.

Digital Enablement
Leveraging the Unified Commerce Landscape report by IHL, NCR has developed a benchmarking tool that allows retailers to find out how they measure up against retailers that are already increasing sales by making the most out of their technology investments. Retailers can complete the benchmarking survey at NCR’s booth in hall 6, stand C09 or complete the form online and receive a customized report.

Visualizing the power of insights, NCR has installed an augmented reality table on its stand that shows the various touchpoints in a customer journey from the viewpoint of a consumer, retail associate or manager. Rich content explains how the world of commerce is connected and how NCR technology and services can help to transform the customer journey to a truly unified experience.

“Many retailers across the globe are still struggling to get omni-channel right and it’s no surprise, as they are all in a different phase of their journey. There is no standard recipe that they can turn to,” said David Wilkinson, senior vice president and general manager, NCR Retail. “With our engaging and interactive tools at EuroShop, we help retailers identify their immediate needs and to show them how smart investments can boost their bottom line.”

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:
Twitter: @NCRCorporation

News Media Contact:
Ortrud Wenzel
NCR Corporation
+49 821 405 8191

Source: NCR Corporation

Ross Stores opened 23 Ross Dress for Less® and five dd’s DISCOUNTS® stores in February and March 2017

DUBLIN, Calif., 2017-Mar-07 — /EPR Retail News/ — Ross Stores recently opened 23 Ross Dress for Less® (“Ross”) and five dd’s DISCOUNTS® stores across 15 different states in February and March. These new locations are part of the Company’s plans to add approximately 70 Ross and 20 dd’s DISCOUNTS locations during 2017.

“These new Spring stores further strengthen our presence in the Midwest, which accounts for approximately one-quarter of these openings, and includes initial entry into our newest state of Iowa.  We also continue to see opportunity to grow in our largest states with new locations in California, Florida and Texas,” said Jim Fassio, President and Chief Development Officer. “With these recent openings, we now operate a total of 1,561 Ross Dress for Less and dd’s DISCOUNTS stores across 37 states, the District of Columbia, and Guam. Looking ahead, we remain confident that over time, Ross can grow to 2,000 locations and dd’s DISCOUNTS can become a chain of 500 stores.”

Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2016 revenues of $12.9 billion. Currently, the Company operates Ross Dress for Less®(“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,363 locations in 37 states, the District of Columbia and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also currently operates 198 dd’s DISCOUNTS® in 15 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at

Connie Kao
Vice President
Investor & Media Relations
(925) 965-4668

SOURCE: Ross Stores, Inc.

Office Depot Small Business Index survey revealed most SMBs did not use tax software in 2016

BOCA RATON, Fla., 2017-Mar-07 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), the leading global provider of office products, services, and solutions revealed in its latest Small Business Index survey that approximately three-fourths (70 percent) of small business owners (SMBs) indicated they did not use tax software when they filed their taxes in 2016. The survey results also showed that one in four (24 percent) of large SMBs (those with 50-99 employees) still use paper forms compared to the 20 percent that reported they were using online tax software.

“With the availability of tax software at office supply stores like Office Depot and OfficeMax and the variety and ease of use of tax software available today, such as TurboTax or H&R Block, SMBs should strongly consider transitioning to tax software,” said Christine Nessen, senior director of contract marketing for Office Depot, Inc. “Tax software can provide SMB owners with the flexibility to file their taxes at their own pace.”

One in every 10 SMBs (11 percent) waited to file their taxes on Tax Day or asked for an extension. The survey results also revealed that 21 percent of SMBs indicated that they were looking to use more technology and/or use less paper while filing their taxes in 2017, out of the 61 percent who indicated that they were looking to make changes in how they filed their taxes this year.

“Owners of businesses large and small should aim to start organizing their paperwork at least one to two months before Tax Day so they don’t feel the stress of filing last minute or asking for an extension,” said Nessen. “Office Depot has a variety of products to help SMBs organize their paperwork, shred sensitive documents and file their taxes.”

With tax season approaching rapidly, Office Depot and OfficeMax stores are the one-stop shop for all tax-related needs, for both SMBs and consumers. With a variety of services ranging from tax software, to shredding and copying services, to small business experts, Office Depot and OfficeMax stores have everything SMBs need to successfully file their taxes.

Survey Methodology/Sample Qualifications

Interviews are conducted online among a nationally representative sample of small and medium-sized businesses. The wave of interviewing was conducted from October 15 – December 30, 2016 among a total of 1,500 small and medium-sized businesses.

For more SMB resources and tax tips visit Office Depot’s Ideas Center at

About Office Depot, Inc.

Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

The company had annual sales of approximately $11 billion, employed approximately 38,000 associates, and served consumers and businesses in North America and abroad with approximately 1,400 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – with a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax and Grand & Toy. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol “ODP.”

All trademarks, service marks and trade names of Office Depot, Inc. and OfficeMax Incorporated used herein are trademarks or registered trademarks of Office Depot, Inc. and OfficeMax Incorporated, respectively. Any other product or company names mentioned herein are the trademarks of their respective owners.

Julianne Embry

APCO Worldwide
Lauren O’Leary

Source: Office Depot, Inc.

Violeta by MANGO launches the second edition of the #WeAreVioleta digital campaign with Rossy de Palma, Barbie Ferreira and Tania Llasera

Barcelona, 2017-Mar-07 — /EPR Retail News/ — Violeta by MANGO has launched the second edition of the #WeAreVioleta digital campaign, starring Rossy de Palma, Barbie Ferreira and Tania Llasera.#Wearevioleta encourages us to reflect upon the need to break away from established beauty canons, while celebrating a diversity of styles, beauty and sizes.The campaign states that the most important part of feeling good about one’s self is having self-esteem.

In addition to the main campaign, a series of videos have been produced, which will be published throughout the season, starring Barbie Ferreira and Tania Llasera, which reveal different ways of wearing and interpreting the trends of Violeta by MANGO, each one adapted to their own personal style.

Given the success of the first edition of the #WeAreVioleta campaign, the second edition will also be linked to a competition.Customers can enter if they cannot find their size in fashion stores, by using the hashtag #WeAreVioleta on Instagram, Facebook or Twitter.Each week, entrants will have the chance to win a total Violeta by MANGO outfit.

Violeta by MANGO offers fashion garments up to size 54 and aims to dress young and demanding women who want to feel attractive and sexy and wear the latest fashion.The secret to this project, launched in January 2014, lies in the care taken in the technical pattern details from size to size and in being able to offer a high quality collection for any moment of the day, with garments designed to be comfortable, feminine and modern.The main markets of the brand are Spain, France and Russia.

TEL: +34 938 602 222

Source: Mango

SpartanNash announces quarterly cash dividend of $0.165 per common share

Byron Center, MI, 2017-Mar-07 — /EPR Retail News/ — SpartanNash Company (the “Company”) (Nasdaq: SPTN) today (Mar 6th, 2017) announced that its Board of Directors approved a 10% increase to its quarterly cash dividend from $0.15 per common share to $0.165 per common share. The dividend will be paid on March 31, 2017 to shareholders of record as of March 20, 2017. As of March 1, 2017 there were 37,519,304 common shares outstanding.

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. Although SpartanNash expects to continue to pay a quarterly cash dividend, adoption of a dividend policy does not commit the Board of Directors to declare future dividends. Each future dividend will be considered and declared by the Board of Directors at its discretion. The ability of the Board of Directors to continue to declare dividends will depend on a number of factors, including SpartanNash’s future financial condition and profitability and compliance with the terms of its credit facilities.

Investor Contact:
Chris Meyers
Executive Vice President & CFO

Media Contact:
Meredith Gremel
Vice President Corporate Affairs and Communications

Source: SpartanNash Company

SSP America announces the opening of The Eatery at Tampa International Airport

London, 2017-Mar-07 — /EPR Retail News/ — SSP America, a division of SSP Group, a leading operator of food and beverage brands in travel locations worldwide, has announced the opening of a 7,700 square-foot marché at Tampa International Airport comprised of six brands which offer the TPA traveler a memorable taste of the Tampa Bay region.

The opening of The Eatery at Terminal F is part of a larger 10-year, $298 million contract awarded by the Hillsborough County Aviation Authority to operate 14 units occupying over 22,168 square feet at Tampa International Airport (TPA). Tampa International Airport is one of the region’s most significant economic engines, with a total economic output of more than $7 billion. The airport and its tenants employ more than 7,000 people on the airport campus and support more than 80,000 jobs in the community. TPA reported more than 18.9 million passengers in 2016.

>Michael Svagdis, SSP America Chief Executive Officer commented, “There’s a great synergy among this all-star group which includes our operating partner Perez of Florida Inc. and design team Alfonso Architects as well as this extraordinary group of local restaurant leaders. We are passionate about this long-term partnership and a collective focus on bringing the TPA passengers a unique taste of place from the Tampa Bay region.”

“Having worked with SSP America since 2001 as an Airport Concessions Disadvantaged Business Enterprise (ACDBE), I love that my own passion for great local restaurants is equaled by the SSP America team. And, of course, it’s great to see these amazing local brands continue to expand and develop their businesses airside,” said Ruben Perez, President of Perez of Florida, Inc.

SSP America is proud to have also partnered with Alfonso Architects, a Tampa based Architectural Design firm with a history of delivering many iconic and complex projects at Tampa International Airport including Airside C, the recent International Addition to Airside F, and the exciting new Eatery at Airside F. Over 5 years ago HCAA envisioned a unique dining experience at Airside F that would raise the bar on dining for travelling airport guests.  Ultimately SSP America and Alfonso Architects were entrusted to deliver this new groundbreaking venue by assembling local and national brands in a high energy, modern Marche atmosphere.

TPA Marché F offers passengers a local market-place style eatery with multiple paying options, either at the counter where they order or at a central point of service location.

Bella Veloce: Opened in 1986, Bella’s Italian Café has become a Tampa star known for its authentic Italian food and warm, welcoming neighborhood ambience. At The Eatery, Bella Veloce will emphasize a carefully curated “best of” list, focusing on its hot-from-the-brick-oven pizza, mouthwatering sandwiches and garden-fresh salads. When asked about the opening, general manager Eric Potts said,“After 30 years in south Tampa we are honored to join SSP America’s TPA concessions team and are very excited about the exposure and the opportunity to reach new customers.”

Square 1: At Tampa’s own Square 1, all proteins are hormone and antibiotic-free, from the 100% all-natural Angus beef to ground chicken and buffalo—there’s even a juicy grilled Portobello burger for vegetarian travelers. Owners Joanie Corneil, Bill Shumate and Ray Leich source ingredients from the best purveyors, using only the finest seasonal produce, creamery-fresh dairy and fresh baked breads. Vice President Bill Milner said, “Square 1 is excited to partner with SSP America and TPA to bring our 11th location to market. Square 1 is an up-and-coming concept that appeals to all demographics. The exposure for Square 1 at the airport is incredible, and the partnership will only strengthen our brand.”

Buddy Brew: Brew Good and Do Good. That’s the Buddy Brew motto, reflecting Dave and Susan Ward’s commitment to sourcing the highest quality beans from the most dedicated sustainable farmers around the world. It also translates to the meticulous care in how the coffee is prepared, from hand roasting the beans to grinding and brewing them at the peak of freshness. Speaking on the opening, Ward said, “We couldn’t be more honored to represent Tampa by having a Buddy Brew Coffee bar at The Eatery. The opportunity to be exposed to domestic and international travelers in this wonderful airport is beyond measure.”

Fitlife Foods: David Osterweil’s Fitlife Foods offers passengers flavor-forward, healthy grab-and-go meals specifically prepared to power your travel endurance. Using fresh local ingredients, salads, wraps and expertly crafted meals and snacks are perfectly portioned, and meet every dietary preference including gluten-free, low-carb and vegetarian. Commenting on the opening, Osterweil said, “We’re excited to be a part of this opportunity and represent Tampa and the local business community. At Fitlife Foods, we are committed to powering travelers to be at their best with our fresh, grab-and-go items that are nutritious, delicious and perfectly crafted from scratch.”

Yogurtology: Yogurtology is known as “the art + science of frozen yogurt” and provides a truly memorable self-serve experience. Perfectly sized for travelers on the go and packed with the necessary vitamins and probiotic cultures to make it through the day. Director of Operations Kyle Walker commented, “We’re beyond excited to have the opportunity to share our fabulous product with everyone that travels through our great city. It truly has been an awesome experience bringing the local fare to TPA and giving them a little taste of what Tampa really has to offer!”

Liquid Provisions: A focal point in The Eatery, Liquid Provisions is an “effortlessly cool” spot created just for the TPA passengers. A full service bar punctuated by local craft beer offers a welcome respite from the stresses of travel while and a small plate menu featuring shareable plates like the charcuterie & cheese board, or forward-thinking twists on the classics like the smoked gouda mac & cheese or roasted Brussels sprouts with bacon-butter, honeyed golden raisins and shaved Reggiano. SSP America Vice President of Business Development, John Clark commented, “We are honored to deliver a concept that is tailored to TPA’s vision of an extraordinary passenger experience that attracts travelers from around the globe. Liquid Provisions will truly offer TPA travelers a taste of place.”


Templemere Public Relations
+44 (0) 1306 735574

Source: SSP America

Starbucks launches its first barrel-aged coffee

Starbucks launches its first barrel-aged coffee


Seattle, 2017-Mar-07 — /EPR Retail News/ — The centuries-old craft of barrel aging has long been a source of culinary inspiration, influencing everything from sugars and chocolates to sauces and ciders. Here the extraction of distinct flavors imparted by the barrel enhance the integrity of the product it meets. Naturally, the versatility of green coffee seemed like the perfect pair with the barrel aging technique.

“Exploring the potential of coffee and marrying nontraditional experiences and techniques together is something we’re experimenting with daily,” says Duane Thompson from Starbucks beverage R&D team. “We start with the bean first and go from there.”

Thompson began practicing barrel aging as a hobby in his garage four years ago, He saw the barrel-aging technique as something that takes true craftsmanship, and he was drawn to the idea that things get better with age.

“As a chef and a food scientist, experimentation is central to my being,” he said. “My neighbors would tease me about all the barrels in my garage. I’d play with infusing spices like cinnamon sticks and cardamom just to see what flavors would be imparted.”

Thompson’s passion was shared by the Starbucks Coffee team, which offered the opportunity to use a small-lot coffee from the Starbucks Reserve® brand in a new way. The result, Starbucks Reserve® Whiskey Barrel Aged Sulawesi, is available starting today (March 6) for a limited time. This Seattle Roastery exclusive coffee is featured in two new specialty beverages and as hand-scooped whole bean coffee to take home.

“There’s no better stage than the Starbucks Roastery for a unique coffee like this because customers are seeking an immersive, sensorial experience that the craftsmanship of barrel-aged coffee delivers,” said Thompson.

The Roastery’s first barrel-aged coffee starts with just a small 800-pound batch of green (unroasted) Starbucks Reserve® Sulawesi beans hand-scooped into freshly emptied American Oak-Aged Whiskey Barrels from Woodinville Whiskey, Co. Over several weeks, the beans absorb the whiskey flavor. They are hand-rotated frequently to ensure all the coffee comes into contact with the oak barrel. This process is different than the typical aging process Starbucks uses for its Aged Sumatra, which rests in burlap bags.

After the beans age, they are roasted by Starbucks master roasters. Although the intense heat of the roasting process burns off the alcohol, the aroma and flavor of the whiskey’s identity still come through.

“The process takes time, care and patience, ensuring we deliver a distinct experience that stays true to the specialness of the coffee while imparting the complementary, distinguished flavor of the oak-aged barrel,” Thompson said. “You get those earthy notes mingling with the oak to create a cup that’s unlike any other.”

The Starbucks Reserve Roastery is serving up exclusive beverages made with Whiskey Barrel Aged Sulawesi and its own vanilla barrel-aged syrup:

Barrel Aged Cold Brew

The beverage starts with a slow-steeped Whiskey Barrel Aged Sulawesi that’s sweetened with vanilla syrup in a carafe. It’s served as a sidecar next to a glass with a large cube of ice.

“The cold-brewing allows for more caramel flavor to come through from the barrel, along with the vanilla, for a beautifully rounded beverage,” Thompson said. “You get the building of the flavors at every single level. It is complex, but not complicated.”

Barrel Aged Con Crema

The Roastery is also offering a hot Barrel Aged Con Crema, a hot pour-over of Whiskey Barrel-Aged Sulawesi mixed with barrel-aged vanilla syrup, topped with cascara sugar cold-foam topping.

Thompson sees the Roastery as a stage that brings opportunity for innovation with its small-lot Reserve coffees, each with their own identity.

“It’s a really exciting time to be in coffee,” said Thompson. “This meticulous process has been rewarding and hopefully it’s an unforgettable taste in the cup for our customers.”

Media Contact:

Phone: 206 318 7100

Source: Starbucks


Nairobi welcomes new Carrefour Hypermarket located at the Two Rivers Mall

Nairobi welcomes new Carrefour Hypermarket located at the Two Rivers Mall


Nairobi, 2017-Mar-07 — /EPR Retail News/ — Our partner, Majid al Futtaim has opened a a Carrefour Hypermarket at the Two Rivers Mall in Nairobi.

Based in Nairobi’s diplomatic “blue zone” in Limuru Road, a brand-new 7200 m² Carrefour store opened in this building complex, where 205 local jobs will be created.

The whole complex has been built in compliance with the principles of sustainable development: the solar panels located on the building’s roof – the largest concentration of them in Africa – will generate 2 MW of solar power. And 80% of the waste-water produced will be recycled and treated in accordance with WHO norms.

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

. By phone:

Switchboard: +33 (0)1 41 04 26 00

For journalists: +33 (0)1 41 04 26 17

. By e-mail: presse_groupe@

Source: Carrefour Group


Amazon Original Series Le Mans: Racing is Everything to Offer Prime Members Unprecedented Access to the Legendary 24 Hour Race

The Amazon Original Series Will Offer Prime Members Unprecedented Access to the Legendary 24 Hour Race

SEATTLE, 2017-Mar-07 — /EPR Retail News/ — Amazon today (-Mar. 6, 2017) announced it has greenlit the Amazon Original Series Le Mans: Racing is Everything from London based production company New Black Films. The limited series will explore what is known as “the Mount Everest of motorsports,” the grueling, non-stop 24-hour car race that has taken place annually in Le Mans, France since 1923. Prime members will be able to stream the series exclusively via the Amazon Prime Video app for TVs, connected devices including Fire TV, mobile devices and online. Members can also download the series to mobile devices for offline viewing at no additional cost to their membership. Le Mans: Racing Is Everything will be a global release and available exclusively on Amazon Prime Video for members to watch via the Prime Video app for popular smart TVs, Fire TV, Fire Tablets and Android and iOS phones and tablets. The show will also be available on for Prime Video members in more than 200 countries and territories.

Le Mans: Racing is Everything will offer unprecedented access to the entire 24 hours of the race, while exploring the storied legacy of Le Mans and the generations of drivers who have braved the course. Le Mans: Racing is Everything embeds with teams Porsche, Audi, Nissan, Toyota, Aston Martin and Rebellion as they race to build their cars and compete in what is one of the highest attended single-day sporting events in the world. Featured drivers include Australian Formula 1 legend Mark Webber; German three-time Le Mans champion André Lotterer; Nico Prost, son of legendary Formula 1 driver Alain Prost; and English teenage gamer Jann Mardenborough, who at the age of 19 was given a slot on Team Nissan after winning an e-Sports racing competition.

“Fans are consistently thrilled by the excitement and danger that is the annual Le Mans race. Le Mans: Racing is Everything will take that excitement to the next level, giving Prime members behind-the-scenes access to what it takes to win this singular event,” said Conrad Riggs, Head of Unscripted, Amazon Originals.

“We’ll raise the veil on the pressure that racing cars to the limit puts on the teams and drivers, in a unique human-interest driven series that will take a 360 look at what it takes to participate, organize and ultimately try and win what is unquestionably the toughest race in motorsport,” said James Erskine of New Black Films. “It’s a great privilege to bring this to screen with such strong collaborators as Amazon Prime Video. This is racing as you’ve never seen it before.”

“The Automobile Club de l’Ouest was very pleased to grant New Black Films unprecedented access to the 24 Hours of Le Mans, and we are excited for Amazon Prime members to see the result,” said Pierre Fillon, President of the ACO.

Le Mans: Racing is Everything is slated to be directed by Emmy Award-nominated James Erskine (American Masters) and produced by Victoria Gregory (Man on Wire, Senna), and their production company, New Black Films (The White Room, One Night in Turin).

Customers who are not already Prime members can sign up for a free trial at For a list of all Amazon Video compatible devices, visit

About Amazon Video

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

  • Prime Video: Thousands of movies and TV shows, including popular licensed content plus critically-acclaimed and award-winning Amazon Original Series and Movies from Amazon Studios like Transparent, The Man in the High Castle, Love & Friendship and kids series Tumble Leaf, available for unlimited streaming as part of an Amazon Prime membership. Prime Video is also now available to customers in more than 200 countries and territories around the globe at
  • Amazon Channels: Over 100 video subscriptions to networks like HBO, SHOWTIME, STARZ, PBS KIDS, Acorn TV and more, available to Amazon Prime members as add-ons to their membership – to view the full list of channels available, visit
  • Rent or Own: Hundreds of thousands of titles, including new-release movies and current TV shows available for on-demand rental or purchase for all Amazon customers
  • Instant Access: Instantly watch anytime, anywhere through the Amazon Video app on TVs, mobile devices, Amazon Fire TV, Fire TV Stick, and Fire tablets, or online. For a list of all compatible devices visit
  • Premium Features: Top features like 4K Ultra HD, High Dynamic Range (HDR) and mobile downloads for offline viewing of select content

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

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

About New Black Films

Innovative and groundbreaking, New Black Films is one of the world’s premium producers of sporting stories, from high end documentary to feature film. Based in London, England, the company was founded by filmmakers James Erskine and Victoria Gregory in 2009, and joined in 2015 by Alex Holmes. Our films combine state-of-the-art filmmaking techniques with a passion for story-telling and the emotional journeys at their core. Our films have been released theatrically in the US, UK, Italy, Australia, New Zealand and throughout Europe and the Middle East; and with broadcast partners such as BBC, ITV, HBO, Discovery, Canal+ and many others.

Media Hotline:


Source:, Inc.

Macy’s annual floral extravaganza returns in New York City, Chicago and San Francisco locations

Macy’s annual floral extravaganza returns in New York City, Chicago and San Francisco locations


  • Macy’s Downtown Flagships Showcase a Floral Spectacular In New York City, Chicago and San Francisco
  • Sunday, March 26 – Sunday, April 9, 2017

NEW YORK, 2017-Mar-07 — /EPR Retail News/ — Step right up to get a front row view of lush gardens celebrating the color and whimsy of Carnival as the Macy’s Flower Show® welcomes the renewal of spring. Macy’s (NYSE:M) annual floral extravaganza sprouts once again at three flagship locations nationwide including Herald Square in New York City, State Street in Chicago, and Union Square in San Francisco. From Sunday, March 26 through Sunday, April 9, 2017, Carnival, the theme of this year’s exhibition will transport more than a million spectators into a world of imagination, filled with brilliantly-hued flora expertly landscaped into breathtaking gardens that bring the magic of a traveling roadshow to life.

“As we celebrate the renewal of the spring season, this year’s Macy’s Flower Show will take spectators on a trip through a classic fair, where the deep colors, patterns and displays recreate everyone’s favorite carnival elements. From the big top to the fun house with thrilling stops on a rollercoaster and Ferris wheel, ‘Carnival’ will surprise and delight more than a million spectators who step into these floral wonderlands at our three flagship stores,” said Susan Tercero, group vice president, special productions/Macy’s Parade & Entertainment Group.

At the center of the spring celebration, a colorful two-tiered carousel complete with animated column horses will bloom with thousands of rhododendrons, bromeliads and other exotic flora, welcoming guests into the funhouse atmosphere. As spectators walk through the midway, they will see a kaleidoscope of color as the world of Carnival reveals classic fair favorites, including a roller coaster, bumper cars, a Ferris wheel and games of whimsy, all recreated using more than 5,000 types of florals and plants.

For more than 70 years, Macy’s Flower Show has delighted generations of floral aficionados with over-the-top presentations of lavish gardens that showcase millions of live flowers, plants and trees from around the globe. Native to many different landscapes, Macy’s Flower Show features floral material blooming in unison despite their unique climatic DNA. Taking root in unexpected settings such as store countertops, windows and specially-designed architecture, including grand bridges, columns and topiaries, Macy’s Flower Show is staged in unique fashion at each of the three locations nationwide.

In addition to the floral wonder, spectators will have the opportunity to enjoy a host of special in-store events, including floral, food and fashion demonstrations, celebrity appearances, and more during the two weeks the show is in full bloom.

Macy’s springtime tradition is made possible nationally thanks to partners Girl Scouts of the United States of America, Sinclair Oil Corporation, and the Sino-American Friendship Association.

Free to the public, Macy’s Flower Show will be open during regular store hours.

For additional information about these events contact the Macy’s Flower Show Hotline at (212) 494-4495, or visit

Orlando Veras

Christine Olver Nealon

Source: Macy’s


John Lewis to strengthen its omni-channel customer experience with £4million investment

London, 2017-Mar-07 — /EPR Retail News/ — John Lewis has today (6 March 2017) announced plans to invest £4 million in a new customer service initiative in 20 of its shops to strengthen its omni-channel customer experience. The investment will see 8,000 Partners who work on the shop floor, receive an iPhone loaded with a dedicated ‘Partner App’ designed to enable them to quickly help customers with information about products, check stock availability, and place orders. This development will put an end to customers waiting for Partners to go to stock rooms to see whether a product is in stock, or check information at tills as they will be able to help on the spot.

The app was designed and built by John Lewis’s in-house online team using feedback from Partners in its Cambridge shop where the project was tested with customers for five months.  Following a training programme this summer the mobile phones will be rolled out to the 8,000 shop floor Partners in 20 John Lewis shops across the UK.

The app gives Partners visibility of stock availability in all shops and at John Lewis’s warehouse in Milton Keynes, where online orders are fulfilled, as well as product information, customer reviews, the ability to email customers product information and to place orders. During the busiest week in the trial, half of all online purchases made in the shop assisted by a Partner were made using the app.

Announcing the new initiative Craig Inglis, John Lewis’s Customer Director said; ‘As online and physical worlds increasingly come together, this initiative, which forms the foundation of our digital strategy for shops, will support our Partners in offering great customer service in a digital world.’

‘During the trial in our Cambridge store, customer feedback was overwhelmingly positive. It consistently speeded up response times to customer queries as Partners didn’t need to leave the customer to find answers, or complete a purchase. This is just the beginning. We will keep adding to the Partner App in the future with new, innovative ways to help our customers.’

John Lewis first started to bring its online business into its shops in 2008 when it installed screens so that customers could look up product information and check online availability.  Earlier this year the retailer ​introduced a self check-in option at  its collection desks in shops. Customers wanting to use this put their order number into an iPad while they are queuing, and the Partner serving them will greet them with their order, so speeding up the process.

Notes to editors

John Lewis – John Lewis operates 48 John Lewis shops across the UK (34 department stores, 12 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as It is part of the John Lewis Partnership, the UK’s largest example of worker co-ownership and all 30,000 John Lewis staff are Partners in the business.

John Lewis stocks more than 350,000 separate lines in its department store and across fashion, home and technology, and was named  ‘Best In-Store Experience’, ‘Best Clothing Retailer,’ ‘Best Electricals Retailer,’ ‘Best Furniture Retailer,’ ‘Best Homewares Retailer’ and ‘Best Click & Collect Retailer’ in the 2016 Verdict Customer Satisfaction awards. is consistently ranked one of the top online shopping destinations in the UK. John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

You can follow John Lewis on the following social media channels:

General information
For further information please contact:

Mandy Pursey
Communications Manager Corporate
Mobile: 07813 696637

Source: John Lewis

Tractor Supply Company announces the promotion of Kurt D. Barton to SVP, Chief Financial Officer and Treasurer

Bob Volke Promoted to Vice President, Controller

BRENTWOOD, TN, 2017-Mar-07 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (03/06/17) announced that Kurt D. Barton has been promoted to Senior Vice President, Chief Financial Officer and Treasurer in line with the Company’s management transition plan announced last July. Mr. Barton succeeds Anthony F. Crudele who retired after serving as the Company’s Chief Financial Officer for the past 11 years. As part of the planned succession, Mr. Crudele and Mr. Barton have worked together over the last seven months to ensure a smooth transition of all responsibilities.

Mr. Barton first joined Tractor Supply in 1999 and was promoted to Senior Vice President, Controller earlier this year. He had served as the Company’s Vice President, Controller since 2009. Mr. Barton also served as Director, Internal Audit from 2002 to 2009 and held other leadership roles in accounting during his tenure with the Company. Mr. Barton has had direct responsibility for the Company’s accounting, financial reporting, tax, purchasing, master data management, accounts payable and inventory control functions and has been an integral part of the Company’s corporate finance and strategy team. Mr. Barton, a Certified Public Accountant, began his career in public accounting in 1993, spending six years at Ernst & Young, LLP.

Bob Volke has been promoted to the position of Vice President, Controller, effective immediately. Mr. Volke joined Tractor Supply in April 2007 and has served as the Company’s Vice President, Accounting since February 2014. Mr. Volke’s expanded responsibilities include the Company’s general accounting and financial reporting, as well as operations accounting and non-merchandise purchasing functions. Mr. Volke served as Director of Accounting from 2009 to 2014, and has worked directly for Mr. Barton over the last eight years. A Certified Public Accountant, Mr. Volke has more than 30 years of accounting experience in the manufacturing, financial services and publishing industries.

Greg Sandfort, Chief Executive Officer, stated, “On behalf of Tractor Supply, I would like to thank Tony for his many contributions to the Company over the last 11 years. We wish Tony the very best in his retirement and are excited to have Kurt Barton take the helm as Tony’s planned successor. Kurt has been with Tractor Supply for 18 years and is a talented financial leader with a deep understanding of the business and track record of success. I congratulate Kurt on his promotion and look forward to continuing our work together.”

Sandfort continued, “I would also like to congratulate Bob on his well-deserved promotion to Vice President, Controller. Bob has worked alongside Kurt for several years and has been an important part of our finance team, with a passion for our business and dedication to our continued growth. I am both confident and excited about the team we have in place to continue to move our business forward.”

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

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


Christine Skold
Vice President
Investor Relations
(615) 440-4000

John Rouleau/Rachel Schacter, ICR

Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Dunkin’ Brands Group, National Grid and Eversource honored with AESP 2017 Energy Award

AESP presents the companies with 2017 Energy Award for Outstanding Achievement in Non-Residential Program Design and Implementation

CANTON, MA, 2017-Mar-07 — /EPR Retail News/ — Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, National Grid (LSE: NG; NYSE: NGG) and Eversource (NYSE: ES) have been honored with the Association of Energy Services Professionals (AESP) 2017 Energy Award for Outstanding Achievement in Non-Residential Program Design and Implementation, recently presented at AESP’s 27th National Conference & Expo in Orlando, Florida. AESP recognized the three companies for their collaboration in developing the Dunkin’ Brands Energy Management Program, a strategic partnership for the development of streamlined processes to engage Dunkin’ Donuts franchise owners in investing in energy efficiency.

National Grid and Eversource partnered with Dunkin’ Brands to identify opportunities for key energy efficiency upgrades for its Dunkin’ Donuts franchise owners. The team structured the program to provide a simple path, generous incentives and financing for franchisees opting into the program to implement these upgrades. The Energy Management Program addressed whole building energy savings, while providing insight into building operations and system controls to reduce overall operating costs and encourage investments to pursue energy efficiency. The optional program applies to participating franchisees’ restaurants both within National Grid and Eversource’s Massachusetts, Connecticut and Rhode Island service territories.

“Dunkin’ Brands is committed to supporting our franchisees’ initiatives towards reducing energy usage and adopting sustainable approaches whenever possible,” said Kate Jaspon, Vice President, Finance & Treasury. “Through our collaboration with National Grid and Eversource, we have developed an innovative program that provides our franchisees an effective process for investing in energy efficiency in ways that can create more sustainable restaurants while maintaining store profitability. We are honored that the result of our partnership has been recognized by AESP, a leading association in energy efficiency and management.”

“National Grid is proud to be part of the team receiving this award. It highlights our commitment to energy efficiency and getting more tools in the hands of customers to help them save energy, while making a positive impact on the environment,” said John Isberg, Vice President, Customer Solutions for National Grid. “It’s extremely gratifying for us to have worked with Dunkin’ Brands as they do their part to reduce energy usage and invest in a more sustainable energy future.”

“Our partnership with Dunkin’ Brands exemplifies the evolution of how we bring our energy efficiency solutions to customers,” said Tilak Subrahmanian, Vice President of Energy Efficiency at Eversource. “Instead of the one-size-fits-all programming of years past, we now have the ability and the infrastructure to collaborate with key customers, like Dunkin’ Donuts, to design energy solutions tailored to their specific business objectives.”

Founded in 1989, AESP is a member-based association dedicated to improving the delivery and implementation of energy efficiency, energy management and distributed renewable resources. AESP provides professional development programs, a network of energy practitioners, and promotes the transfer of knowledge and experience. AESP members work in the energy services industry and represent electric and natural gas utilities, public benefits associations, regulatory and non-profit entities, vendors, manufacturers and consulting firms.

About Dunkin’ Brands Group, Inc.

With more than 20,000 points of distribution in more than 60 countries worldwide, Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) is one of the world’s leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of the fourth quarter 2016, Dunkin’ Brands’ 100 percent franchised business model included more than 12,200 Dunkin’ Donuts restaurants and more than 7,800 Baskin-Robbins restaurants. Dunkin’ Brands Group, Inc. is headquartered in Canton, Mass.

About National Grid

National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities’ long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization). For more information please visit our website:, or our Connecting website. You can also follow us on Twitter, watch us on You Tube, Friend us on Facebook and find our photos on Instagram.

About Eversource

Eversource (NYSE: ES) transmits and delivers electricity and natural gas for more than 3.7 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its approximately 8,000 employees across three states to build a single, united company around the mission of delivering reliable energy and superior customer service. For more information, please visit our website ( and follow us on Twitter (@EversourceCorp) and Facebook (

Name: Lindsay Cronin
Phone: 781-737-5200

Source: Dunkin’ Brands Group, Inc.

Meijer’s “Be a #FamilyFoodRockstar” campaign earns 2016 Gold Plate Award from Food Marketing Institute Foundation

Meijer’s “Be a #FamilyFoodRockstar” campaign earns 2016 Gold Plate Award from Food Marketing Institute Foundation


The Food Marketing Institute Foundation recognizes the best National Family Meals Month programs

GRAND RAPIDS, Mich., 2017-Mar-07 — /EPR Retail News/ — A social media-driven photo contest aimed at encouraging families to prepare and eat healthy meals together recently earned Midwest retailer Meijer accolades from the Food Marketing Institute Foundation.

The retailer’s “Be a #FamilyFoodRockstar” campaign earned a 2016 Gold Plate Award honorable mention. The awards recognize members of the food retail industry who implemented the best in-store and media campaigns during September, which was national family meals month.

The campaign was created with Jump with Jill, the world’s only rock & roll nutrition show. The #FamilyFoodRockstar photo contest sought photos on social media that recognized families who prepared nutritious and delicious meals.

“We are so pleased with the success of this campaign that highlighted the importance of families eating meals together,” Meijer Healthy Living Advisor Melissa Hehmann said. “We’re extending the reach of Meijer Health and Wellness initiatives through our partnership with Jump with Jill and its mission to educate kids about good nutrition.”

Over the course of National Family Meals Month™, more than 10,000 students across three states received the customized recipe card promoting the “Be a #FamilyFoodRockstar” campaign with Meijer. Overall, Meijer joined 56 food retailers, 15 suppliers and 37 allied organizations helped the FMI Foundation amplify the national campaign.

“This was the second year for National Family Meals Month, and the FMI Foundation acknowledges the extraordinary efforts by the retail food industry to help consumers make family mealtime easier,” said Sue Borra, RD, Chief Health and Wellness Officer for FMI and Executive Director of the FMI Foundation. “According to a Nielsen analysis of National Family Meals Month, 85 percent of shoppers who saw the campaign reported healthier behaviors as a result. So these programs can make a difference in the wellbeing of the customers we serve.”

About Meijer:

Meijer is a Grand Rapids, Mich.-based retailer that operates more than 230 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the “one-stop shopping” concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit Follow Meijer on Twitter and or become a fan at


Christina Fecher

Source: Meijer


Ahold Delhaize commences €1 billion share buyback program; expects to complete before the end of 2017

Zaandam, the Netherlands, 2017-Mar-07 — /EPR Retail News/ — Ahold Delhaize continues its €1 billion share buyback program announced on December 7, 2016. On January 9, 2017 Ahold Delhaize announced the commencement of a €1 billion share buyback program, which it expects to complete before the end of 2017. Ahold Delhaize will continue the brokerage led buyback program with one material change. The intermediary executing the buyback program has guaranteed that the final price per share will be the arithmetic average of the daily volume weighted average prices (VWAP) over the period of acquisition of the shares less an agreed discount. The intermediary may in connection therewith enter into transactions to hedge its exposure under the share buyback agreement. Ahold Delhaize will continue to provide regular updates on the progress of the program with respect to the brokerage led part of the mandate by means of press releases.

Cautionary notice
This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as continues, expects and will or other similar words or expressions are typically used to identify forward-looking statements.

Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the “Company”) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to the risk factors set forth in the Company’s public filings with the U.S. Securities and Exchange Commission and other disclosures. Forward-looking statements reflect the current views of the Company’s management and assumptions based on information currently available to the Company’s management. Forward-looking statements speak only as of the date they are made, and the Company does not assume any obligation to update such statements, except as required by law.announced on


Ellen van Ginkel
Director External Communications
+31 88 6595134

Source: Ahold Delhaize

Xcel Brands to report its 4Q and full year 2016 financial results on Wednesday, March 22, 2017

NEW YORK, 2017-Mar-07 — /EPR Retail News/ — Xcel Brands, Inc. (NASDAQ:XELB) (“Xcel” or the “Company”), a brand management and media company, today(March 06, 2017)  announced that it will report its fourth quarter and full year 2016 financial results after market close on Wednesday, March 22, 2017. The Company will hold a conference call with the investment community at 5:00 p.m. Eastern Time that day.

A webcast of the conference call will be available live on the Investor Relations section of Xcel’s website at Interested parties unable to access the conference call via the webcast may dial 888-542-0999. A replay of the conference call will be available on the Company website for approximately two weeks following the event and can be accessed at 844-512-2921 using replay pin number 4121068.

About Xcel Brands
Xcel Brands, Inc. (NASDAQ:XELB) is a brand management and media company engaged in the design, production, licensing, marketing, and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of dynamic consumer lifestyle brands. Xcel was founded by Robert W. D’Loren in 2011 with a vision to reimagine shopping, entertainment, and social as one. Xcel owns and manages the Isaac Mizrahi, Judith Ripka, H Halston, C. Wonder, and Highline Collective brands, pioneering a ubiquitous sales strategy which includes the promotion and sale of products under its brands through direct-response television, internet, brick and mortar retail, and e-commerce channels. Headquartered in New York City, Xcel Brands is led by an executive team with significant production, merchandising, design, marketing, retailing, and licensing experience, and a proven track record of success in elevating branded consumer products companies.  With a team of over 100 professionals focused on design, production, and digital marketing, Xcel maintains control of product quality and promotion across all of its product categories and distribution channels.  Xcel differentiates by design.

For further information please contact:

Hunter Wells / John Mills
646-277-1246 /

Source: Xcel Brands, Inc./globenewswire

Intershop and MAC-IT Solutions Extend Their Competencies In E-Commerce and Microsoft Dynamics NAV

  • Connection of Microsoft Dynamics NAV solution for retail and e-commerce offers new solution on Microsoft Azure Cloud
  • Jointly developed integrated solution offers optimal start for customers in digitization strategy

Jena, Germany, 2017-Mar-07 — /EPR Retail News/ — Intershop Communications AG and MAC IT-Solutions GmbH are extending their respective core competencies in the areas of e-commerce and Microsoft Dynamics NAV as part of their partnership. MAC IT-Solutions specializes in supporting medium-sized enterprises in the fields of e-commerce and multi-channel commerce. Customers who already run or want to run Microsoft Dynamics NAV and use the cutting-edge Microsoft Azure cloud platform can now do so to flexibly expand their IT environment with a highly scalable e-commerce platform.

The integrated solution from MAC IT-Solutions and Intershop specially developed for this application combines the Microsoft Dynamics NAV “DiVA” ERP and CRM solution, specifically optimized for medium-sized mail order retailers, with the powerful Intershop Commerce Suite. Both systems can be particularly efficiently operated in the Microsoft Azure Cloud, and can even cope with large peak loads flexibly and scalably. Functionalities for both retail and wholesale trade are seamlessly covered. This relieves retailers of the need to make their own arrangements in this respect as well as from their own IT operations and costly upfront investment. This means they can focus solely on the success and growth of their business.

Customer data security is a particularly important aspect for many German mail order companies. For companies that want to be sure that their customer data is stored and processed 100% in Germany, Microsoft Cloud Germany provides a cloud service in which data are processed by a trusteeship solution in partnership with Deutsche Telekom in Azure data centers in Frankfurt and Magdeburg. The joint MAC IT-Solutions and Intershop offering is also available in this Azure environment.

Dr. Jochen Wiechen, CEO at Intershop Communications AG, sees huge importance in the collaboration: “The MAC IT-Solutions and Intershop Microsoft Azure Cloud offering combines ERP, CRM, finance, purchasing and e-commerce as key elements in a purposeful digitization strategy. It is needs-focused and flexible, while being safe and efficient. Moreover, Office365 can be seamlessly integrated as a further cornerstone of Microsoft’s cloud strategy. We are sure it will be very well received in the market.”

Oliver Bartl, Head of MAC Cloud Solutions, describes the collaboration as follows: “Our Plus, Garden XXL and Lenscare customers have already been operating successfully in the market with MAC DiVA and Intershop for some years. The new integrated solution from the Azure Cloud is a valuable additional option allowing us to operate efficiently in an ever more rapidly changing market. We are sure we will be gaining a number of new joint customers with this combination.

About MAC IT-Solutions GmbH:

MAC is the IT solution provider for e-commerce and multi-channel software. MAC’s goal is to offer modern retail an IT platform that handles all business processes efficiently while facilitating a cross-channel brand strategy. Their ERP, CRM, PIM and POS systems are used by many reputable retailers throughout Europe. The modular IT platform is based on the integrated MAILPlus and DiVA ERP and CRM systems, which are based on Microsoft Dynamics. The system can be operated both on physical premises and in the cloud.

Our customers include 4Care, Baur Fulfillment, dress-for-less, Falke, Fiege, frontline,, hess natur, jpc, Orion,, and many more

MAC is a Microsoft Gold Certified Partner, IBM Advanced Business Partner, a member of the K5 Liga and Preferred Business Partner in the bevh trade association.

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

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.


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

Source: Intershop Communications AG

Artificial Colorings to be Removed by End of 2018 in all Dunkin’ Donuts and Baskin Robbins US Products

Artificial Colorings to be Removed by End of 2018 in all Dunkin’ Donuts and Baskin Robbins US Products


CANTON, MA, 2017-Mar-07 — /EPR Retail News/ — Dunkin’ Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, today (March 2, 2017) announced plans to remove artificial colors from its products in the U.S. As part of the company’s ongoing efforts to offer guests great-tasting, high-quality products and cleaner menu labels, both the Dunkin’ Donuts and Baskin-Robbins product development teams, in partnership with suppliers, have been working to eliminate synthetic colors from their food and beverages and replace the ingredients with naturally sourced colorings in the U.S. by the end of 2018.

Within the next two years, Dunkin’ Donuts will remove synthetic colors across its menu, including donut icings, fillings and toppings, as well as frozen beverages such as Fruit Smoothies and COOLATTA® frozen beverages, baked goods, breakfast sandwiches and coffee flavorings. Similarly, Baskin-Robbins will remove synthetic colors from its menu, including ice cream sold both at its restaurants and in quarts and pints at retail locations, as well as its syrups, sauces, sprinkles and beverages, including Cappuccino Blast®. The exceptions on both brands’ menus include select supplier-branded ingredients produced by other companies and used as toppings, ice cream inclusions or decorative elements. Additionally, Baskin-Robbins will take a longer period of time to find replacements for the decorative elements on its ice cream cakes.

“We are pleased to announce our plans to eliminate artificial colors from our menus in the U.S. by the end of 2018,” said Dunkin’ Brands Chairman and CEO Nigel Travis. “This is a significant undertaking on the part of our product development teams and suppliers. However, we are committed to meet the evolving needs of our customers, including their preference for more nutritional transparency and simpler ingredients, while maintaining the great taste and the fun, vibrant colors expected from Dunkin’ Donuts and Baskin-Robbins products.”

In 2014, Dunkin’ Brands conducted a comprehensive menu review that resulted in a new product development process focused on reformulating many of its products to enhance menu quality by simplifying ingredient labels and lowering sodium and sugar content without sacrificing taste.

Additionally, the company continues to offer products that broaden the nutritional choices available to consumers through the Dunkin’ Donuts DDSMART® and Baskin-Robbins BRight Choices™ menus.

About Dunkin’ Brands Group, Inc.

With more than 20,000 points of distribution in more than 60 countries worldwide, Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) is one of the world’s leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of the fourth quarter 2016, Dunkin’ Brands’ 100 percent franchised business model included more than 12,200 Dunkin’ Donuts restaurants and more than 7,800 Baskin-Robbins restaurants. Dunkin’ Brands Group, Inc. is headquartered in Canton, Mass.

Name: Michelle King
Phone: 781-737-5200

Source: Dunkin’ Brands Group, Inc.


Inaugural BJ’s Charity Championship A Marquee Stop on The Legends Tour

Inaugural BJ’s Charity Championship A Marquee Stop on The Legends Tour


WESTBOROUGH, Mass., 2017-Mar-07 — /EPR Retail News/ — BJ’s Wholesale Club today (March 1, 2017) announced the BJ’s Charity Championship, a marquee stop on The Legends Tour. BJ’s is expanding its annual charity golf Pro-Am Tournament, which has raised more than $20 million over the years. The funds go to the BJ’s Charitable Foundation, which is committed to nourishing communities and helping families thrive.

“BJ’s is committed to making a positive difference in the communities where we live and work, and I’m thrilled to build on this commitment with BJ’s Charity Championship,” said Lee Delaney, chief growth officer of BJ’s Wholesale Club. “The tournament will be our biggest ever, and we’re grateful for the support of our valued sponsors and supplier partners who continue to make a positive difference in our communities through the BJ’s Charitable Foundation.”

The BJ’s Charity Championship is set for Thursday, September 7 in Plymouth, MA and Friday, September 8 in Sandwich, MA. The event will feature a Pro-Am Tournament on Thursday at Pinehills Golf Course and Plymouth Country Club followed by a Legends Tour team competition on Friday at The Ridge Club. The Legends Tour team event, showcasing the talents of LPGA Hall of Famers and veteran LPGA Tour stars, will be open to the public. Established in 1989, The Ridge Club is a premier private golf country club located in the oldest town on Cape Cod and was voted Best Private Club in 2014 by Cape Cod Magazine.

All proceeds from the tournament benefit the BJ’s Charitable Foundation, which helps families meet essential needs, such as access to education, wellness and quality food.

“The Legends Tour is proud to partner with BJ’s to showcase the talent of some of the greatest names in women’s golf, while also helping communities and families in need,” said Jane Blalock, chief executive officer of The Legends Tour. “We look forward to being a part of this year’s BJ’s Charity Championship and to helping make it the biggest and most successful tournament in its history.”

Over the years, BJ’s has donated more than 50 million pounds of food to help alleviate hunger, invested in more than 2,300 community organizations and helped deliver 13 million meals to neighbors in need. Through its partnership with Feeding America®, the BJ’s Charitable Foundation has provided grants to help agencies along the east coast distribute fresh, nutritious food. Additionally, the foundation has positively impacted more than 250,000 students, providing them with classroom supplies necessary for success.

To learn more about the BJ’s Charity Championship, visit

About BJ’s Wholesale Club, Inc.
Headquartered in Westborough, Massachusetts, BJ’s is the leading operator of membership warehouse clubs in the Eastern United States. The company currently operates 214 clubs and 130 BJ’s Gas® locations in 15 states.

BJ’s provides a one-stop shopping destination filled with top-quality, leading brands, including its exclusive Wellsley Farms and Berkley Jensen brands, along with USDA Choice meats, premium produce and delicious organics, many in supermarket sizes. BJ’s is also the only major membership warehouse club to accept all manufacturers’ coupons and, for greater convenience, offers the most payment options.

Visit, and for exclusive content find us on Facebook, Twitter, Pinterest and Instagram.

BJ’s is wholly owned by affiliates of Leonard Green & Partners, CVC Capital Partners and its management team.

About The Legends Tour

The Legends Tour is the official senior tour of the LPGA. The tour began in 2000 by LPGA professionals to showcase the talents of some of the greatest women’s golfers of all time. The Legends Tour has more than 120 members, including 14 LPGA and World Golf Hall of Fame members. Legends Tour players have over 750 combined LPGA Tour victories, including 84 major championships. In its 16 seasons, The Legends Tour has awarded more than $14 million in prize money and helped raise over $19 million for charity. The Legends Tour has hosted events in Arizona, Arkansas, Connecticut, Florida, Georgia, Hawaii, Indiana, Iowa, Maine, Mississippi, Massachusetts, Michigan, New Hampshire, New Jersey, South Carolina, Tennessee, Wisconsin, Japan and Australia. For additional information on The Legends Tour, log on to

For further information:
Jennie Hardin

Sue Fracker

SOURCE: BJ’s Wholesale Club

H&M Studio Unveils a “See Now, Buy Now” S/S 17 Collection At Paris Fashion Week

H&M Studio Unveils a “See Now, Buy Now” S/S 17 Collection At Paris Fashion Week


STOCKHOLM, SWEDEN, 2017-Mar-07 — /EPR Retail News/ — Last night (1 MAR, 2017), H&M Studio unveiled its latest runway show in Paris, a “see now, buy now” S/S 2017 collection inspired by the power of love, grace, strength and passion of ballet, featuring both womenswear and for the first time, menswear.

Bringing fashion immediately from catwalk to checkout marks a new era for the fashion industry and we value the direct communication we can have with customers through a ‘see now, buy now’ collection. Anything that brings us closer to our customers and makes fashion even more accessible is very positive,” says Pernilla Wohlfahrt, H&M’s Head of Design and Creative Director.

For the show, the vast, concrete expanse of the iconic Tennis Club de Paris was transformed into a warm, inviting space broadcasting messages of love and togetherness. Guests such as Nicki Minaj, Alexa Chung, Lucky Blue Smith, Clémence Poésy and Sasha Lane were in attendance, soaking up the atmosphere.

On the catwalk, which featured a stellar cast of models including Gigi and Bella Hadid, Adwoa Aboah, Amber Valletta, Jordan Barrett and Luis Borges, a balance between tailoring and sportswear was struck – clean-cut wool garments worn with fine knits, voluminous silk and translucent nylon, while ruffles and jolts of bright pink were set against monochrome anoraks and reworked trekking sandals.

“With this collection we want to send a global message of love. There are a few pieces that carry the word again and again, kind of like a ticker tape and as a constant reminder of what is important. It feels like now, more than ever, we all need positive feelings and thoughts in our lives” Pernilla Wohlfahrt

Following the show, the over 800 guests in attendance – along with a global audience watching live at and via VR on H&M’s YouTube channel – were all treated to an electrifying performance by the chart-topping singer/songwriter The Weeknd, who played hits such as Starboy, Can’t Feel My Face and I Feel It Coming.

An interactive pop-up shop was also set up for at the Paris show, while customers around the world could shop the collection online at at the same time. The collection will also be available in around 180 selected stores from today.

H&M Studio is the key seasonal collection from H&M, with its own dedicated design team.

For show images please visit H&M image gallery.
For film material, including B-roll material and celebrity quotes, click here.
The full show can be seen at YouTube here.

#HMStudio  #SS17


Phone: +46 8 796 55 00
Fax: +46 8 20 99 19

Source: H&M


Lowe’s Achieves Strong Fourth Quarter Results

MOORESVILLE, N.C., 2017-Mar-07 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (March 1, 2017) reported net earnings of $663 million and diluted earnings per share of $0.74 for the quarter ended February 3, 2017 compared to net earnings of $11 million and diluted earnings per share of $0.01 in the fourth quarter of 2015. Excluding certain items described below, adjusted diluted earnings per share1 increased 45.8 percent to $0.86 from adjusted diluted earnings per share1 of $0.59 in the fourth quarter of 2015.

The items referenced above for the fourth quarter consisted of the following:

  • $0.06 per share for severance-related costs associated with the company’s productivity efforts;
  • $0.04 per share for a tax charge primarily related to the issuance of final Internal Revenue Code Section 987 regulations in December 2016; and
  • $0.02 per share for the premium paid to acquire the outstanding RONA preferred shares.

For the fiscal year ended February 3, 2017, net earnings were $3.1 billion and diluted earnings per share were $3.47 compared to net earnings of $2.5 billion and diluted earnings per share of $2.73 in fiscal 2015.  Excluding certain items described herein, adjusted diluted earnings per share1 increased 21.3 percent to $3.99 from adjusted diluted earnings per share1 of $3.29 in fiscal 2015.

In addition to the items referenced above, the fiscal year also included the following:

  • $0.05 per share for the net gain on the settlement of a foreign currency hedge entered into in advance of the company’s acquisition of RONA in the first half of the year;
  • $0.33 per share for a charge related to the joint venture with Woolworths in Australia recognized in the third quarter;
  • $0.07 per share for project write-offs recognized in the third quarter that were canceled as a part of the company’s ongoing review of strategic initiatives in an effort to focus on the critical projects that will drive desired outcomes; and
  • $0.05 per share for goodwill and long-lived asset impairment charges associated with the company’s Orchard Supply Hardware operations as part of a strategic reassessment of this business during the third quarter.

1 Adjusted diluted earnings per share are non-GAAP financial measures. Refer to the “Non-GAAP Financial Measures Reconciliation” section of this release for additional information as well as reconciliations between the company’s GAAP and non-GAAP financial results.

Sales for the fourth quarter increased 19.2 percent to $15.8 billion from $13.2 billion in the fourth quarter of 2015, and comparable sales increased 5.1 percent. For the fiscal year, sales were $65.0 billion, a 10.1 percent increase over the same period a year ago, and comparable sales increased 4.2 percent. Comparable sales for the U.S. business increased 5.1 percent for the fourth quarter and 4.1 percent for the fiscal year.

“We achieved strong fourth quarter results, delivering comparable sales growth and adjusted earnings per share above our expectations,” commented Robert A. Niblock, Lowe’s chairman, president and CEO. “We leveraged our omni-channel platform, customer experience design capabilities, and project expertise to drive strong holiday performance and capitalize on broad-based project demand throughout the quarter.  Our success is a testament to our employees and I’d like to thank them for their dedication and purposeful commitment to serving the evolving needs of customers.

“We’ve entered 2017 well-positioned to capitalize on a favorable macroeconomic backdrop for home improvement by continuing to execute on our strategies to expand customer reach and develop capabilities to anticipate and support their needs. We remain committed to making productivity a core strength and investing in future capabilities that will add the most value for customers. We have the vision, the drive, the plan, and the leadership team to deliver long-term value for customer and shareholders,” Niblock added.

Delivering on its commitment to return excess cash to shareholders, the company repurchased $551 million of stock under its share repurchase program and paid $306 million in dividends in the fourth quarter. For the fiscal year, the company repurchased $3.5 billion of stock under its share repurchase program and paid $1.1 billion in dividends.

As of February 3, 2017, Lowe’s operated 2,129 home improvement and hardware stores in the United States, Canada and Mexico representing 213.4 million square feet of retail selling space.

A conference call to discuss fourth quarter 2016 operating results is scheduled for today (Wednesday, March 1) at 9:00 am ET.  The conference call will be available by webcast and can be accessed by visiting Lowe’s website at and clicking on Lowe’s Fourth Quarter 2016 Earnings Conference Call Webcast.  Supplemental slides will be available fifteen minutes prior to the start of the conference call. A replay of the call will be archived on until May 23, 2017.

Lowe’s Business Outlook

Fiscal Year 2017 — a 52-week Year (comparisons to fiscal year 2016 — a 53-week year; based on U.S. GAAP)

  • Total sales are expected to increase approximately 5 percent
  • Comparable sales are expected to increase approximately 3.5 percent
  • The company expects to add approximately 35 home improvement and hardware stores.
  • Earnings before interest and taxes as a percentage of sales (operating margin) are expected to increase approximately 120 basis points2.
  • The effective income tax rate is expected to be approximately 37.8%.
  • Diluted earnings per share of approximately $4.64 are expected for the fiscal year ending February 2, 2018.

2 Includes the net gain on the settlement of the foreign currency hedge entered into in advance of the company’s acquisition of RONA (1Q 2016 and 2Q 2016) and the impact of the non-cash charge associated with the  joint venture with Woolworths in Australia (3Q2016), the project write-offs that were a part of the ongoing review of the company’s strategic initiatives (3Q2016) , the goodwill and long-lived asset impairment charges associated with the company’s Orchard Supply Hardware operations (3Q2016), as well as severance-related costs associated with the company’s productivity efforts (4Q 2016).

Disclosure Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “could”, “would”, “may”, “strategy”, “potential”, “opportunity” and similar expressions are forward-looking statements. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.  Forward-looking statements include, but are not limited to, statements about future financial and operating results, Lowe’s plans, objectives, business outlook, priorities, expectations and intentions, expectations for sales growth, comparable sales, earnings and performance, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for services, share repurchases, Lowe’s strategic initiatives, including those regarding the acquisition by Lowe’s Companies, Inc. of RONA, inc. and the expected impact of the transaction on Lowe’s strategic and operational plans and financial results, and any statement of an assumption underlying any of the foregoing and other statements that are not historical facts.  Although we believe that the expectations, opinions, projections and comments reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and we can give no assurance that such statements will prove to be correct. Actual results may differ materially from those expressed or implied in such statements.

A wide variety of potential risks, uncertainties and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, the availability of consumer credit and of mortgage financing, inflation or deflation of commodity prices, and other factors that can negatively affect our customers, as well as our ability to: (i) respond to adverse trends in the housing industry, such as a demographic shift from single family to multi-family housing, a reduced rate of growth in household formation, and slower rates of growth in housing renovation and repair activity, as well as uneven recovery in commercial building activity; (ii) secure, develop, and otherwise implement new technologies and processes necessary to realize the benefits of our strategic initiatives focused on omni-channel sales and marketing presence and enhance our efficiency; (iii) attract, train, and retain highly-qualified associates; (iv) manage our business effectively as we adapt our traditional operating model to meet the changing expectations of our customers; (v) maintain, improve, upgrade and protect our critical information systems from data security breaches and other cyber threats; (vi) respond to fluctuations in the prices and availability of services, supplies, and products; (vii) respond to the growth and impact of competition; (viii) address changes in existing or new laws or regulations that affect consumer credit, employment/labor, trade, product safety, transportation/logistics, energy costs, health care, tax or environmental issues; (ix) positively and effectively manage our public image and reputation and respond appropriately to unanticipated failures to maintain a high level of product and service quality that could result in a negative impact on customer confidence and adversely affect sales; and (x) effectively manage our relationships with selected suppliers of brand name products and key vendors and service providers, including third party installers. In addition, we could experience impairment losses if either the actual results of our operating stores are not consistent with the assumptions and judgments we have made in estimating future cash flows and determining asset fair values, or we are required to reduce the carrying amount of our investment in certain unconsolidated entities that are accounted for under the equity method. With respect to the acquisition of RONA inc., potential risks include the effect of the transaction on Lowe’s and RONA’s strategic relationships, operating results and businesses generally; our ability to integrate personnel, labor models, financial, IT and others systems successfully; disruption of our ongoing business and distraction of management; hiring additional management and other critical personnel; increasing the scope geographic diversity and complexity of our operations; significant transaction costs or unknown liabilities; and failure to realize the expected benefits of the transaction. For more information about these and other risks and uncertainties that we are exposed to, you should read the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Critical Accounting Policies and Estimates” included in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and the description of material changes thereto, if any, included in our Quarterly Reports on Form 10-Q or subsequent filings with the SEC.

The forward-looking statements contained in this news release are expressly qualified in their entirety by the foregoing cautionary statements. The foregoing list of important factors that may affect future results is not exhaustive. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf about any of the matters covered in this release are qualified by these cautionary statements and in the “Risk Factors” included in our most recent Annual Report on Form 10-K and the description of material changes thereto, if any, included in our Quarterly Reports on Form 10-Q or subsequent filings with the SEC. We expressly disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, change in circumstances, future events or otherwise, except as may be required by law.

Lowe’s Companies, Inc.

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 2016 sales of $65.0 billion, Lowe’s and its related businesses operate or service more than 2,375 home improvement and hardware stores and employ over 290,000 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

Media Inquiries:


SOURCE: Lowe’s Companies, Inc.

Retailers Urge Congress to Support Association Health Plans for Small Businesses

WASHINGTON, 2017-Mar-07 — /EPR Retail News/ — The National Retail Federation today (March 1, 2017) urged Congress to support legislation that would allow small businesses to join together through association health plans to provide greater access to affordable health care for their employees.

“Small businesses compete every day with large employers for both customers and employees,” Retailers Association of Massachusetts President Jon Hurst said. “Employees of small businesses deserve the same marketplace rights to obtain comparable coverage at comparable rates as those that work for big business and big government.”

“Association health plans are an important answer,” Hurst said. “Not only do they offer the potential to band with additional small employers in their local state through bona fide trade or professional associations, but it also offers potential to band together with other employer groups in other states … to maintain common benefits across state lines.”

Hurst testified on behalf of NRF this morning before the House Education and Workforce Committee during a hearing on the Small Business Health Fairness Act, an association health plan bill cosponsored by Health, Education, Labor and Pensions Subcommittee Chairman Tim Walberg, R-Mich.

The Retailers Association of Massachusetts has run an association health plan since 2012 that serves more than 5,000 workers at 287 small businesses. Operating under a Massachusetts law that authorized the plans at the state level, the association has been able to “directly impact the cost of coverage” for participating companies, and has been able to offer additional benefits such as hospital care plans, dental plans and wellness programs, Hurst said.

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.

Treacy Reynolds
(855) NRF-Press

Source: NRF

Best Buy Approves Plan to Return Excess Capital to Shareholders

  • Two-Year $3 Billion Share Repurchase Plan
  • 21% Increase in Quarterly Dividend to $0.34 per Share

MINNEAPOLIS, 2017-Mar-07 — /EPR Retail News/ — Best Buy Co., Inc. (NYSE: BBY) today ( March 1, 2017) announced that its Board of Directors approved a plan to return excess capital to shareholders as follows:

  • A new $3 billion share repurchase plan expected to be completed over the next two years; and
  • A 21% increase in the regular quarterly dividend to $0.34 per share, effective immediately.

This updated capital return plan is consistent with the company’s long-term capital allocation strategy to first fund operations and investments in growth, including potential acquisitions, and then to return excess free cash flow over time to shareholders through dividends and share repurchases, while maintaining investment grade credit metrics. The company is targeting a non-GAAP dividend payout ratio1 between 35% and 45%.

Hubert Joly, Best Buy chairman and CEO, commented, “Today we are pleased to announce our fiscal 2018 return of capital plan which includes a 21% increase in the regular quarterly dividend to $0.34 per share and a share repurchase plan that accelerates from $1 billion over two years to $3 billion over two years. This is in addition to the nearly $2.7 billion in cash we returned to shareholders in fiscal 2016 and 2017 combined. The increase in the dividend and acceleration of our share repurchase program are aligned with our long-term capital allocation strategy and display continued confidence in our ongoing business performance and future cash-flow generation.”

In order to execute the two-year $3 billion share repurchase plan, the board of directors approved a new $5 billion share repurchase authorization for the company’s common stock, superseding the existing authorization dated June 2011 which had $2.2 billion in purchases remaining.

The regular quarterly dividend will be payable on April 12, 2017 to shareholders of record as of the close of business on March 22, 2017. The company had 311,278,169 shares of common stock issued and outstanding as of January 28, 2017. The regular quarterly dividend and share repurchases will be funded through existing cash and cash equivalents on the balance sheet and future cash flow generation. The share repurchases will be executed in the open market or through privately negotiated transactions at times and amounts determined by the company based on its evaluation of market conditions and other factors and may be suspended, discontinued or resumed at any time.

(Editor’s Note: Best Buy Co., Inc. this morning also issued a separate press release announcing its fourth quarter and full year fiscal 2017 financial results.)

Forward-Looking and Cautionary Statements:

This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that reflect management’s current views and estimates regarding future market conditions, company performance and financial results, business prospects, new strategies, the competitive environment and other events. You can identify these statements by the fact that they use words such as “anticipate,” “believe,” ”assume,” “estimate,” “expect,” “intend,” “project,” “guidance,” “plan,” “outlook,” and other words and terms of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: macro-economic conditions (including fluctuations in housing prices, oil markets and jobless rates), conditions in the industries and categories in which we operate, changes in consumer preferences or confidence, changes in consumer spending and debt levels, the mix of products and services offered for sale in our physical stores and online, credit market changes and constraints, product availability, trade restrictions or changes in the costs of imports, competitive initiatives of competitors (including pricing actions and promotional activities), strategic and business decisions of our vendors (including actions that could impact promotional support, product margin and/or supply), the success of new product launches, the impact of pricing investments and promotional activity, weather, natural or man-made disasters, attacks on our data systems, the company’s ability to prevent or react to a disaster recovery situation, changes in law or regulations, changes in tax rates, changes in taxable income in each jurisdiction, tax audit developments and resolution of other discrete tax matters, foreign currency fluctuation, the company’s ability to manage its property portfolio, the impact of labor markets, the company’s ability to retain qualified employees and management, failure to achieve anticipated expense and cost reductions, disruptions in our supply chain, the costs of procuring goods the company sells, failure to achieve anticipated revenue and profitability increases from operational and restructuring changes (including investments in our multi-channel capabilities), inability to secure or maintain favorable vendor terms, failure to accurately predict the duration over which we will incur costs, development of new businesses, failure to complete or achieve anticipated benefits of announced transactions, and our ability to protect information relating to our employees and customers. A further list and description of these risks, uncertainties and other matters can be found in the company’s annual report and other reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, Best Buy’s Report on Form 10-K filed with the SEC on March 23, 2016. Best Buy cautions that the foregoing list of important factors is not complete, and any forward-looking statements speak only as of the date they are made, and Best Buy assumes no obligation to update any forward-looking statement that it may make.

(1) The company defines its non-GAAP dividend payout ratio as annual dividends divided by annual non-GAAP Net Earnings from Continuing Operations. Reconciliations of its non-GAAP earnings measures to its GAAP equivalents are provided in its quarterly releases and in its Forms 10-K and 10-Q. A reconciliation of the projected non-GAAP dividend payout ratio, which is a forward-looking non-GAAP financial measure, to the most directly comparable GAAP financial measure, is not provided because the company is unable to provide such reconciliation without unreasonable effort. The inability to provide a reconciliation is due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the non-GAAP adjustments may be recognized. These GAAP measures may include the impact of such items as restructuring charges; litigation settlements; asset impairments, gains and losses; and the tax effect of all such items. Historically, the company has excluded these items from non-GAAP financial measures. The company currently expects to continue to exclude these items in future disclosures of non-GAAP financial measures and may also exclude other items that may arise (collectively, “non-GAAP adjustments”). The decisions and events that typically lead to the recognition of non-GAAP adjustments, such as a decision to exit part of the business, the early retirement of an asset or reaching settlement of a legal dispute, are inherently unpredictable as to if or when they may occur. For the same reasons, the company is unable to address the probable significance of the unavailable information, which could be material to future results.

Investor Contact:
Mollie O’Brien
(612) 291-7735

Media Contact:
Jeff Shelman
(612) 291-6114

Source: Best Buy Co., Inc.

Dollar Tree, Inc.’s 2016 Fiscal Results Delivers Positive Growth

  • Sales Increased 5.0% to $5.64 Billion 
  • Enterprise Same-Store Sales Increased 1.2% 
  • Same-Store Sales by Segment: Dollar Tree +2.3%, Family Dollar +0.2% 
  • Diluted Earnings per Share Increased 40.2% to $1.36 vs. $0.97 
  • Earnings Include Expenses of $0.03 per Share for Debt Prepayment 

CHESAPEAKE, Va., 2017-Mar-07 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores, today (March 1, 2017 ) reported results for its fourth quarter and fiscal year ended January 28, 2017.

“We are pleased with our overall performance for fiscal 2016,” stated Bob Sasser, Chief Executive Officer. “For the fourth quarter, both the Dollar Tree and Family Dollar banners delivered positive growth in same-store sales. Gross margin and operating margin rates improved and EPS grew 40.2% from the prior year’s quarter, exceeding the upper end of our guidance range. For the year, we opened 584 new stores, exceeded $20 billion in sales, delivered record earnings, and continued to make significant progress on our integration of Family Dollar.”

Fourth Quarter Results

Consolidated net sales increased 5.0% to $5.64 billion from $5.37 billion in the prior year’s fourth quarter. Enterprise same-store sales increased 1.2% on a constant currency basis. Adjusted to include the impact of Canadian currency fluctuations, the same-store sales increase was 1.3%. The same-store sales growth was driven by increases in comparable customer count and average ticket. Same-store sales for the Dollar Tree banner increased 2.3% on a constant currency basis (or 2.4% when adjusted to include the impact of Canadian currency fluctuations). Same-store sales for the Family Dollar banner increased 0.2%.

Gross profit increased 9.3% to $1.81 billion in the quarter compared to $1.65 billion in the prior year’s fourth quarter. As a percent of sales, gross margin increased to 32.1% compared to 30.8% in the prior year. The improvement was driven primarily by lower merchandise and freight costs. The prior year’s fourth quarter included $15.9 million for Family Dollar related to the amortization of the stepped-up inventory basis and $11.5 million for Dollar Tree of planned markdowns associated with re-bannering Deals stores.

Selling, general and administrative expenses were 21.7% of sales compared to 22.0% of sales in the prior year’s fourth quarter. The improvement, as a percent of sales, was driven primarily by lower payroll costs, legal fees and depreciation expense, partially offset by higher store hourly payroll, advertising, and repairs and maintenance expense.

Operating income increased 24.9% to $586.5 million compared with $469.7 million in the same period last year. Operating income margin increased to 10.4% in the current quarter from 8.8% in last year’s quarter. This increase in operating income is the result of a $71.7 million increase in operating income in the Dollar Tree segment and a $45.1 million increase in operating income in the Family Dollar segment.

The Company’s effective tax rate for the quarter was 35.3% compared to 35.0% in the prior year period.

Net income compared to the prior year’s fourth quarter increased $92.8 million, or 40.5%, to $321.8 million, and diluted earnings per share increased to $1.36.

During the quarter, the Company opened 104 stores, expanded or relocated 27 stores, and closed 55 stores. Additionally, the Company opened eight former Family Dollar store locations as new Dollar Treestores. Retail selling square footage at fiscal year-end was approximately 112.4 million square feet.

Full Year Results

Consolidated net sales increased 33.7% to $20.72 billion from $15.50 billion in the prior year. The $5.22 billion increase was the result of $4.42 billion in incremental net sales from the acquired Family Dollar stores, sales from new Dollar Tree stores, and a 1.8% same-store sales increase.

Gross profit increased $1.74 billion, or 37.3%, to $6.39 billion from $4.66 billion in the prior year. Gross margin increased by 70 basis points to 30.8% compared to the prior year period.

Selling, general and administrative expenses were 22.6% of sales compared to 23.3% of sales in the prior year.

Net income increased $613.8 million compared to the prior year, to $896.2 million, resulting in net income of $3.78 per diluted share.

Company Outlook

The Company estimates consolidated net sales for the first quarter of 2017 to range from $5.26 billion to $5.35 billion, based on a flat to low single-digit increase in same-store sales for the combined enterprise. Diluted earnings per share are estimated to be in the range of $0.91 to $0.98. This compares to a reported $0.98 per diluted share from the prior year’s first quarter, or $0.89 per diluted share when adjusted for the one-time tax rate benefit of $0.09 per share related to state tax planning.

For fiscal 2017, the Company estimates consolidated net sales will range from $21.94 billion to $22.33 billion. This estimate is based on a flat to low single-digit increase in same-store sales and 3.9% square footage growth. Fiscal 2017 diluted earnings per share are expected to range from $4.20 to $4.56. Fiscal 2017 will include a 53rd week. The extra week, in the fourth quarter, is expected to add $400 million to $430 million to sales and $0.19 to $0.22 to earnings per diluted share, both of which are included in the guidance.

Sasser added, “We believe we are extremely well positioned in the most attractive sector of retail to deliver increased value for our long-term shareholders. Our Dollar Tree and Family Dollar banners are each focused on offering great value and convenience to our shoppers. With two great banners, we can effectively grow our store base and serve more customers across a broad geography and a diverse demographic population with the products they need and want. We have a resilient business model, a focused and energized leadership team, a lengthy runway for store growth, and tremendous opportunities to continue improving our businesses.”

Conference Call Information

On Wednesday, March 1, 2017, the Company will host a conference call to discuss its earnings results at 9:00 a.m. Eastern Time. The telephone number for the call is 800-406-5345. A recorded version of the call will be available until midnight Tuesday, March 7, 2017 and may be accessed by dialing 888-203-1112. The access code is 2781470. A webcast of the call is accessible through Dollar Tree’s website, and will remain online through Tuesday, March 7, 2017.

Dollar Tree, a Fortune 200 Company, operated 14,334 stores across 48 states and five Canadian provinces as of January 28, 2017. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada. To learn more about the Company, visit

A WARNING ABOUT FORWARD-LOOKING STATEMENTS: Our press release contains “forward-looking statements” as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events, developments or results and typically use words such as believe, anticipate, expect, intend, plan, forecast, or estimate. For example, our forward-looking statements include statements regarding first quarter 2017 and full-year 2017 net sales and same-store sales, first quarter 2017 and full-year 2017 diluted earnings per share, square footage growth, the benefits, results, and effects of the merger with Family Dollar, including integration plans and synergies, and future financial and operating results and shareholder value, the combined company’s plans, objectives, expectations (financial and otherwise) and intentions. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the “Risk Factors,” “Business” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our Annual Report on Form 10-K filed March 28, 2016, the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other sections in our Quarterly Report on Form 10-Q filed December 6, 2016 and other filings with the Securities and Exchange Commission. We are not obligated to release publicly any revisions to any forward-looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.

Randy Guiler
Vice President, Investor Relations

Source: Dollar Tree, Inc.

Ross Stores reports An Earnings Increase in its Fiscal 2016 Results

  • Ross Stores Reports Fourth Quarter and Fiscal 2016 Results
  • Announces New Two-Year $1.75 Billion Stock Repurchase Program and 19% Increase in Quarterly Cash Dividend
  • Also Provides First Quarter and Fiscal 2017 Guidance

DUBLIN, Calif., 2017-Mar-07 — /EPR Retail News/ — Ross Stores, Inc. (Nasdaq:ROST) today (Feb. 28, 2017) reported earnings per share for the fourth quarter ended January 28, 2017 of $.77, up 17% from the prior year, on net earnings that rose 14% to $301 million. Sales for the fiscal 2016 fourth quarter grew 8% to $3.5 billion, with comparable store sales up 4% versus a 4% gain last year.

For the fiscal year, earnings per share rose 13% to $2.83, while net earnings increased 10% to $1.1 billion. Sales for the 2016 fiscal year grew 8% to $12.9 billion, with comparable store sales up 4% on top of a 4% increase in 2015.

Barbara Rentler, Chief Executive Officer, commented, “We are very pleased with our better-than-expected sales and earnings results for the fourth quarter and fiscal year, especially given our strong multi-year comparisons and the highly competitive and promotional holiday season. Our results continued to benefit from our ability to offer customers great values on a wide assortment of gifts and fashions for the family and the home.”

Ms. Rentler continued, “Fourth quarter operating margin grew 90 basis points to 13.6% up from 12.7% in the prior year. This improvement was mainly driven by our above-plan sales along with a favorable comparison of packaway-related costs versus last year’s fourth quarter. For the 2016 fiscal year, operating margin increased 40 basis points to a new record of 14.0%.”

New Two-Year $1.75 Billion Stock Repurchase Program and 19% Increase in Quarterly Cash Dividend

The Company’s Board of Directors authorized a new program to repurchase $1.75 billion of its common stock over the next two fiscal years. At recent stock prices, this new repurchase program represents about 6% of the Company’s total market value and a 25% increase over the prior two-year $1.4 billion authorization that was completed in January 2017.

The Board also approved an increase in the quarterly cash dividend to $.16 per share, up 19% on top of a 15% increase in the prior year. This higher quarterly dividend is payable on March 31, 2017 to stockholders of record as of March 10, 2017.

In commenting on these actions, Ms. Rentler said, “Our larger two-year $1.75 billion stock repurchase authorization and increase in the quarterly cash dividend demonstrate our ongoing confidence in the Company’s ability to generate significant amounts of cash after funding our growth and the other capital needs of our business. We have repurchased stock as planned every year since 1993 and also raised our cash dividend annually since 1994. This consistent record also reflects our unwavering commitment to enhancing stockholder value and returns.”

A total of 11.6 million shares of common stock were repurchased during fiscal 2016, for an aggregate purchase price of $700 million. During the fourth quarter, the Company repurchased 2.6 million shares for a total price of $170 million.

Fiscal 2017 Guidance

Looking ahead, Ms. Rentler said, “There continues to be uncertainty in the political, macro-economic, and retail climates, and we also face our own challenging sales and earnings comparisons. Thus, while we hope to do better, we believe it is prudent to remain somewhat cautious in planning our business for the 2017 fiscal year.”

For the 52 weeks ending January 27, 2018, the Company is forecasting same store sales to grow 1% to 2% compared to 4% last year. For the 53 weeks ending February 3, 2018, earnings per share are projected to be$3.02 to $3.15, up 7% to 11% from $2.83 in fiscal 2016. Incorporated in this guidance range is an estimated benefit to earnings per share of approximately $.08 from the 53rd week in fiscal 2017.

For the first quarter ending April 29, 2017, comparable store sales are forecast to be up 1% to 2% with earnings per share projected to be $.76 to $.79, up from $.73 in the first quarter of 2016.

The Company will host a conference call on Tuesday, February 28, 2017 at 4:15 p.m. Eastern time to provide additional details concerning its fourth quarter and fiscal year 2016 results, and management’s outlook and guidance for fiscal 2017. A real-time audio webcast of the conference call will be available in the Investors section of the Company’s website, located at An audio playback will be available at 404-537-3406, PIN #55318917 until 8:00 p.m. Eastern time on March 7, 2017, as well as on the Company’s website.

Forward-Looking Statements: This press release contains forward-looking statements regarding expected sales, earnings levels and other financial results in future periods that are subject to risks and uncertainties which could cause our actual results to differ materially from management’s current expectations. The words “plan,” “expect,” “target,” “anticipate,” “estimate,” “believe,” “forecast,” “projected,” “guidance,” “looking ahead” and similar expressions identify forward-looking statements. Risk factors for Ross Dress for Less® (“Ross”) and dd’s DISCOUNTS® include without limitation, competitive pressures in the apparel or home-related merchandise retailing industry; changes in the level of consumer spending on or preferences for apparel or home-related merchandise; market availability, quantity, and quality of attractive brand name merchandise at desirable discounts and our buyers’ ability to purchase merchandise that enables us to offer customers a wide assortment of merchandise at competitive prices; impacts from the macro-economic environment, financial and credit markets, and geopolitical conditions that affect consumer confidence and consumer disposable income; our ability to continually attract, train and retain associates to execute our off-price strategies; unseasonable weather trends; potential information or data security breaches, including cyber-attacks on our transaction processing and computer information systems, which could result in theft or unauthorized disclosure of customer, credit card, employee, or other private and valuable information that we handle in the ordinary course of our business – such breaches of our data security, or our failure or delay in detecting and mitigating a loss of personal or business information, could result in damage to our reputation, loss of customer confidence, violation (or alleged violation) of applicable laws, and could expose us to civil claims, litigation and regulatory action, and to unanticipated costs and disruption of our operations; potential disruptions in our supply chain or information systems; issues involving the quality, safety, or authenticity of products we sell could harm our reputation, result in lost sales, and increase our costs; our ability to effectively manage our inventories, markdowns, and inventory shortage to achieve planned gross margin; changes in U.S. tax or tariff policy regarding apparel and other home-related merchandise produced in other countries that could adversely affect our business; volatility in revenues and earnings; an adverse outcome in various legal, regulatory, or tax matters; natural or man-made disaster in California or in another region where we have a concentration of stores, offices, or a distribution center; increase in our labor costs; unexpected issues or costs from expanding in existing markets and entering new geographic markets; obtaining acceptable new store sites with favorable demographics; damage to our corporate reputation or brands; effectively advertising and marketing our brands; issues from selling and importing merchandise produced in other countries; and maintaining sufficient liquidity to support our continuing operations, new store and distribution center growth plans, and stock repurchase and dividend programs. Other risk factors are set forth in our SEC filings including without limitation, the Form 10-K for fiscal 2015, and Form 10-Qs and 8-Ks for fiscal 2016. The factors underlying our forecasts are dynamic and subject to change. As a result, our forecasts speak only as of the date they are given and do not necessarily reflect our outlook at any other point in time. We do not undertake to update or revise these forward-looking statements.

Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2016 revenues of $12.9 billion. The Company operates Ross Dress for Less® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,340 locations in 36 states, the District of Columbia and Guam at fiscal 2016 year end. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 193 dd’s DISCOUNTS® in 15 states at the end of fiscal 2016 that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at

Michael Hartshorn
Group Senior Vice President, Chief Financial Officer

Connie Kao
Vice President, Investor Relations

Source: Ross Stores, Inc.

Stockmann Publishes Annual Report for 2016

Helsinki, Finland, 2017-Mar-07 — /EPR Retail News/ — Stockmann’s report by the Board of Directors, financial statements, Auditor’s report and corporate governance statement for 2016 have been published as a part of Stockmann’s annual reporting on the company’s website at

Stockmann’s 2016 reporting consists of four reviews:
– Business Review ‘Our year 2016’, which includes an overview of business operations and CSR activities
– Financial Review, which includes the consolidated financial statements, parent company financial statement, the report by the Board of Directors and the Auditor’s report
– Corporate Governance Review, which includes the corporate governance statement and the remuneration statement
– CSR Review, which presents the CSR results according to the Global Reporting Initiative (GRI) G4 Guidelines.

The reviews are available in Finnish, Swedish and English.

The printed Business Review will be sent to those who have so requested. Copies of the review can be ordered on the company’s website. The Financial Review and the corporate governance statement are also available as appendixes to this announcement as pdf files.

Further information:
Nora Malin
Corporate Communications
tel. +358 9 121 3558

Source: STOCKMANN plc