Offering of Senior Notes by Brixmor Property Group Priced

NEW YORK, 2017-Mar-07 — /EPR Retail News/ — Brixmor Property Group Inc. (NYSE: BRX) announced today (March 1, 2017) that its operating partnership, Brixmor Operating Partnership LP (the “Operating Partnership”), priced an offering of $400 million aggregate principal amount of 3.900% Senior Notes due 2027 (the “Notes”). The Notes will be issued at 99.009% of par value with a coupon of 3.900%. Interest on the Notes is payable semi-annually on March 15 and September 15 of each year, commencing September 15, 2017.  The Notes will mature on March 15, 2027.  The offering is expected to close on March 8, 2017, subject to customary closing conditions.

The Operating Partnership expects to use all or a portion of the net proceeds from this offering to repay outstanding indebtedness under its $1.25 billion unsecured revolving credit facility and for general corporate purposes. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and U.S. Bancorp Investments, Inc. are acting as joint book-running managers for the offering.

The Operating Partnership has filed an effective registration statement (including a prospectus supplement and accompanying base prospectus) with the Securities and Exchange Commission (the “SEC”) relating to the offering to which this communication relates. Before making an investment in the Notes, potential investors should read the prospectus supplement, the accompanying prospectus and the other documents that we and the Operating Partnership have filed with the SEC for more complete information about us and the offering. Potential investors may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by email at prospectus@citi.com or by telephone: 1-800- 831-9146; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York, 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, or by telephone: 1-212-834-4533; Merrill Lynch, Pierce, Fenner & Smith Incorporated, by mail at Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, by calling (800) 294-1322 or by emailing dg.prospectus_requests@baml.com; or U.S. Bancorp Investments, Inc., 214 N. Tryon St., 26th Floor Charlotte, NC 28202, Attn: Credit Fixed Income, or by telephone: 877-558-2607.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these Notes in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  Any offer or sale of the Notes will be made only by means of a prospectus supplement relating to the offering of the Notes and the accompanying prospectus.

ABOUT BRIXMOR PROPERTY GROUP
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.

Safe Harbor Language
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 www.sec.gov.  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.

Additional U.S. and Canada Suppliers Included in Expanded Supplier Code of Conduct of The Wendy’s Company

Code Expanded to Additional Suppliers in the United States and Canada, and Highlights Social Responsibility Requirements for Conducting Business within the Wendy’s Family

DUBLIN, Ohio, 2017-Mar-07 — /EPR Retail News/ — The Wendy’s Company today (March 1, 2017 ) announced the expansion of its Supplier Code of Conduct which now includes all U.S. and Canadian contracts managed by Quality Supply Chain Cooperative (QSCC) and suppliers that provide a significant stream of goods or services to The Wendy’s Company on an annual basis. The Code also includes new requirements for certain suppliers of whole, fresh produce, and identifies future aspirations to encourage continuous improvement in a meaningful way.

“Since its founding in 1969 by Dave Thomas, Wendy’s® has operated under a core set of values and is proud of long-standing, collaborative relationships with some of the food industry’s leading suppliers,” said Todd Penegor, President & CEO of The Wendy’s Company. “We expect all of our suppliers to comply with the law and use best practices in all aspects of their operations, and to conduct business in a way that is consistent with the values of Wendy’s and our franchisees. Further, it’s important to us to reaffirm our past commitments and aspire to even greater accomplishments in the areas of environmental and social responsibility.”

The Code focuses on topics important to the Wendy’s brand and its customers, including:

  • Food Safety and Food Ingredients
  • Farm Animal Health and Well-Being
  • Human Rights and Labor Practices
  • Environmentally Sustainable Business Practices
  • Business Ethics and Integrity

The Company will now add approximately 100 additional suppliers to be covered by the Code, including all U.S. and Canadian contracts managed by QSCC, and suppliers that provide a significant stream of goods or services to The Wendy’s Company on an annual basis.

The Code will also require third party reviews related to the human rights and labor practices of certain produce suppliers. The decision to add third party reviews was due in part to the nature of agricultural work, its workforce, and an evaluation of various risk factors.

The Code’s provisions apply to all suppliers. However certain sections may be inapplicable to certain suppliers. For example, Food Safety and Food Ingredients is relevant only to those suppliers that provide food, paper or packaging services to Wendy’s, and Farm Animal Health and Well-Being is relevant only to meat and protein suppliers that are included within the scope of the Wendy’s animal welfare program.

“At Wendy’s, we are committed to setting clear goals in the areas of social responsibility and communicating our progress against these goals,” said Liliana Esposito, Chief Communications Officer for The Wendy’s Company. “We will continue to promote and encourage our suppliers and partners to employ responsible business practices and work to bring greater transparency so that consumers can continue to trust Wendy’s and the values upon which this company was built.”

Wendy’s has been a leader and innovator in the quick-service restaurant industry across the corporate social responsibility spectrum. In the past few years the Company has reported progress on the following items:

  • RAISES THE BAR ON CHICKEN QUALITY. In February 2017, Wendy’s announced a $30 million investment in chicken quality. This includes partnering with its suppliers to use 20 percent smaller birds—surpassing the standards of other restaurant brands. The changes will be implemented across the entire U.S. supply of Wendy’s premium chicken breasts through the second quarter of 2017 and all suppliers are already raising birds to the new specification.
  • STRENGTHENS ANTIBIOTICS POLICY. Building on a multi-year effort to encourage the responsible use of antibiotics in its supply chain, Wendy’s made a commitment to remove antibiotics important to human medicine from its chicken supply by the end of 2017, while remaining committed to the necessary treatment of sick animals. The Company is on target to announce specific additional commitments related to antibiotics for pork and beef in 2017.
  • JOINS THE U.S. ROUNDTABLE FOR SUSTAINABLE BEEF. With a commitment to serve only fresh, never frozen,* 100 percent North American beef, Wendy’s has long partnered with innovators and leaders throughout the beef industry to advance responsible practices in animal production, health and welfare. In December 2016, Wendy’s joined the U.S. Roundtable for Sustainable Beef to continue to serve as a thought leader with an active voice in discussions about the environmental, social and economic sustainability of the U.S. beef industry.
  • LAUNCHES THE SQUARE DEAL™ BLOG. In March 2016, Wendy’s created a space dedicated to giving customers The Square Deal – Wendy’s views on food, quality, animal welfare, foster care adoption, and doing their best to make Dave proud. Several posts a month are included on the blog with an opportunity for the public to share feedback and suggest future topics of discussion.
  • FURTHERS PROGRESS ON CAGE-FREE EGG COMMITMENT. In January 2016, Wendy’s announced plans to switch to a 100 percent cage-free housing environment for eggs by 2020 and is currently evaluating other evolving best practices for poultry housing.
  • EMERGES AS ENERGY CONSERVATION CHAMPION. Wendy’s joined the U.S. Department of Energy (DOE) Better Buildings Challenge in December 2015, setting a public goal to improve energy efficiency by reducing the amount of energy use per transaction in Company owned and operated restaurants by 20 percent by 2025. By the end of 2015, Wendy’s reduced its energy use by 6 percent against a 2012 baseline. Wendy’s also became the first restaurant company to encourage individual franchisees to join the Better Buildings Challenge. To date, 15 franchisees representing more than 1,000 Wendy’s restaurants are part of the Challenge. The Company also created the Wendy’s Energy Challenge from the DOE’s model to track and celebrate energy conservation of franchisees outside of the U.S.
  • ISSUES INITIAL REPORTING ON PALM OIL USAGE. In August 2015, Wendy’s became a member of the Roundtable for Sustainable Palm Oil (RSPO) and in 2016 reported its domestic Palm Oil use to the RSPO and the World Wildlife Fund. The Company has set a goal to use only certified sustainable palm oil in its North American food products by 2022. The Company is on track to announce their plan by the end of 2017 for sourcing certified sustainable palm oil in international operations.

Wendy’s Supplier Code of Conduct is accessible under the Responsibility tab in Supply Chain Practices section of its website.

“We recognize the important role that continuous improvement plays in advancing our supply chain,” said Esposito. “The relationship between Wendy’s and our Suppliers is a journey based on mutual trust and transparency, and we strongly support and celebrate the work of our suppliers who find improvements in their policies, practices and processes.”

Wendy’s established its Supplier Code of Conduct in 2015 to aggregate and outline key priorities, and encourage supplier responsibility across critical areas of the supply chain. The Code — developed with input from Wendy’s supplier community and through benchmarking with industry experts and Non-Governmental Organizations — took effect in 2016 and initially applied only to U.S. suppliers of food, paper and packaging. With the recent enhancements outlined earlier, the Code now represents the vast majority of The Wendy’s Company and QSCC managed annual spending. Wendy’s has been committed to reviewing its Code of Conduct regularly and will ask suppliers to reaffirm their acknowledgement of the Code annually.

*Fresh beef available in the contiguous U.S., Canada, and Alaska

About The Wendy’s Company
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger restaurant chain. The Wendy’s system includes more than 6,500 restaurants in 30 countries and U.S. territories. For more information, visit www.aboutwendys.com.

MEDIA CONTACTS:
Heidi Schauer
Director – Corporate Communications
(614) 764-3368
heidi.schauer@wendys.com

Bry Roth
Manager – Brand Communications & Corporate Social Responsibility
(614) 764-3138
bry.roth@wendys.com

SOURCE: The Wendy’s Company

Springfield Welcomes Newest Kum & Go Store

Springfield, MO, 2017-Mar-07 — /EPR Retail News/ — Kum & Go opens the doors Thursday, March 2, at 6 a.m. to its newest store in Springfield, Missouri, at 1211 West Sunshine Street. The 6,200+-square-foot store is the latest store in Springfield and was built with the new Marketplace store design which features a variety of unique offerings.  To encourage customers to try out those offerings, the first 99 customers to arrive on Thursday morning receive a coupon for a 99-cent whole pizza.

The centerpiece of the store is an expanded and open food preparation area that customers can see from the moment they enter. Other location features include:

  • Elevated food experience with Kum & Go’s “Go Fresh Market”
  • Open kitchen layout, clear aisles and easy-to-navigate zones
  • Seating inside with heated patio seating outside
  • Complimentary Wi-Fi and charging stations for customers
  • Designed for LEED-certified status, using energy efficient and sustainable design practice

“This new footprint represents everything that Kum & Go strives to be for our associates and for our customers,” said Kum & Go president and CEO Kyle J. Krause. “This is the evolution of our brand promise and business approach. Now customers can truly experience the “more” that we provide.”

The store will be open 24 hours a day. The phone number to the store is 417-869-4861.

Kum & Go operates 46 stores in the Springfield area, and more than 70 in the state of Missouri. Future locations of this new layout are planned for 2017 in Colorado, Iowa, Missouri, Nebraska, Oklahoma and South Dakota.

About Kum & Go, L.C.

For nearly 60 years, Kum & Go has been dedicated to the communities it serves, sharing 10 percent of its profits with charitable causes. For four generations the family-owned convenience store chain has focused on providing exceptional service and delivering more than customers expect. Established in Hampton, Iowa, in 1959, the chain has since grown to employ more than 5,000 associates in more than 400 stores in 11 states (Iowa, Arkansas, Colorado, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota and Wyoming).

MEDIA CONTACT:

Kristie Bell
Director of Communications
Kum & Go
kristie.bell@kumandgo.com
515-457-6266 (office)

Source: Kum & Go

Nintendo Switch Launches at Midnight in 3000 GameStop Stores

  • Limited supply of additional systems available at all GameStop stores March 3
  • More than 3,000 stores to open for 12:01 ET launch

GRAPEVINE, Texas, 2017-Mar-07 — /EPR Retail News/ — GameStop, a family of specialty retail brands that makes the most popular technologies affordable and simple, announced today that more than 3,000 of its stores across the country will be open for the 12:01 a.m. ET March 3 launch of the Nintendo Switch. Click to watch the GameStop Nintendo Switch unboxing YouTube video to learn about the revolutionary gaming system.

“It’s finally here!” said Eric Bright, senior director of Merchandising for GameStop. “The Nintendo Switch is the most sought after video gaming system in the market today, and GameStop will have extra units for those customers looking to buy the innovative system.”

GameStop will have a very limited supply of Nintendo Switch systems available at each GameStop store nationwide on March 3 for walk-in customers, as well as online at www.gamestop.com.

GameStop will also offer online a very limited supply of two different Nintendo Switch bundles. Bundle 1 will include the Nintendo Switch, the Nintendo Switch Pro Controller and a copy of The Legend of Zelda: Breath of the Wild game for $429.99. Bundle 2 includes all the previously mentioned items, plus The Legend of Zelda: Breath of the Wild official strategy guide for $454.99. Customers should visit www.gamestop.com/switch for more information.

Customers can trade games, consoles, accessories and electronics towards the purchase of the Nintendo Switch products, or one of the GameStop Nintendo Switch bundles. GameStop is offering some special trade-in deals through March 19 to help celebrate the launch of the new innovative gaming system. Customers can take advantage of any of the following trade offers when applied to the purchase of Nintendo Switch products:

  • Receive up to $100 (PowerUp Rewards Pro members get an extra $25) when trading in a Nintendo Wii U or 3DS system
  • 40% extra trade-in credit (PowerUp Reward Pro members get 50%) when trading any games or accessories

Select Nintendo Switch accessories and The Legend of Zelda branded collectible items are also available in GameStop stores and online at www.gamestop.com/switch. These include the gray, neon blue and red Joy-Con; The Legend of Zelda Breath of the Wild Game Traveler Deluxe travel cases and Play & Protect Skins; and an assortment of The Legend of Zelda apparel items such as socks, t-shirts and a viscose scarf.

Finally, GameStop will also offer a variety of Nintendo Switch games at launch, such as:

  • The Legend of Zelda: Breath of the Wild ($59.99) and the expansion pass ($19.99)
  • 1, 2, Switch ($49.99) from Nintendo
  • Just Dance 17 ($59.99) from Ubisoft

Additional games coming this spring and available now for pre-order at GameStop, include ARMS, Mario Kart 8 Deluxe, LEGO City Undercover and Has-Been Heroes. Future releases now available for pre-order include Splatoon 2, Super Mario Odyssey, Minecraft Story Mode, Xenoblade 2, and Fire Emblem Warriors.

About GameStop Corp.
GameStop Corp. (NYSE:GME), a Fortune 500 company headquartered in Grapevine, Texas, is a global, multichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 7,600 stores across 14 countries. The company’s consumer product network also includes www.gamestop.comwww.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. In addition, our Technology Brands segment includes Simply Mac and Spring Mobile stores. Simply Mac, www.simplymac.com, operates 70 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, www.springmobile.com, sells all of AT&T’s products and services, including DIRECTV through its 1,436 AT&T branded stores and offers pre-paid wireless services, devices and related accessories through its 68 Cricket branded stores in select markets in the U.S.

General information about GameStop Corp. can be obtained at the company’s corporate website. Follow @GameStop on Twitter and find GameStop on Facebook at www.facebook.com/GameStop.

Contact:

Joey Mooring
817-722-7450
joeymooring@gamestop.com

Source: GameStop Corp./globenewswire