SPAR UK introduces new range of own brand popcorn

United Kingdom, 2017-Mar-08 — /EPR Retail News/ — SPAR UK is launching a trendy new range of own brand popcorn consisting of Salted and Sweet & Salted flavours.

The popcorn market has experienced massive change over recent years as new brands have exploded onto the scene. An increase in popularity has seen the own brand popcorn market grow by 14% in just one year.

Cath McIlwham, SPAR UK Head of Brand said: “The trend for alternative snack choices is growing and we are delighted to respond to this by launching these two new varieties.

“Salted and Sweet & Salted are two of the top selling popcorn flavours in the market. We are providing our shoppers with not just a very tasty snack, but also a healthier option compared to other snacks and impulse purchases,” she added.

These new popcorn lines are the latest step taken by SPAR UK to keep adapting to changing customer needs.

Contact:

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

Source: Spar International

hhgregg files for voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code

Strategic decisions allow the Company to move forward as a stronger, debt free and customer-focused business

INDIANAPOLIS, 2017-Mar-08 — /EPR Retail News/ — hhgregg, Inc. (“hhgregg” or the “Company”) today (March 6, 2017) announced that the Company has taken action to restructure its balance sheet and better position itself for future success by filing voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. The petitions were filed in the U.S. Bankruptcy Court for the Southern District of Indiana (the “Court”). The restructuring is intended to facilitate the Company’s long-term, strategic goals of enhancing profitability and reaffirming its commitment to its associates, vendors and the communities it serves.

“We’ve given it a valiant effort over the past 12 months,” said Robert J. Riesbeck, hhgregg’s President and CEO. “We have conducted an extensive review of alternatives and believe pursuing a restructuring through Chapter 11 is the best path forward to ensure hhgregg’s long-term success. We are thankful for the continued support of our dedicated employees, valued customers, vendors and business partners as we navigate this process, and look forward to becoming a stronger company in the coming months.”

The Company has signed a term sheet with an anonymous party to purchase the assets of the Company, which is intended to allow the Company to exit Chapter 11 debt free with significant improvement in liquidity for the future stability of the business. The Company expects a quick and smooth process through Chapter 11 with emergence in approximately 60 days.

“We have streamlined our store footprint and remain fully committed to the 132 remaining stores, and the associates supporting those locations. We have solidified our senior management team and everyone is dedicated to restructuring our business model for future profitability and growth,” continued Riesbeck. “Through these strategic steps, we plan to come out of this debt free and more agile as we serve our valued customers and vendor partners, and continue to be a dominant force in appliances, electronics and home furnishings.”

hhgregg’s 132 store locations will operate in the ordinary course of business throughout the restructuring process. The 88 stores affected by the Company’s announcement on March 3, 2017 will continue to operate as previously disclosed in the coming weeks.

As it navigates the Chapter 11 process, hhgregg intends to continue:

  • Providing superior delivery, installation and customer service;
  • Providing wages, healthcare and other benefits to its associates without interruption; and
  • Paying suppliers and vendors for the goods and services it receives in the ordinary course of business throughout the restructuring process.

The Company has obtained a committed $80 million debtor-in-possession (“DIP”) financing facility underwritten by Wells Fargo Bank, National Association and GACP Finance Co., LLC. Subject to Court approval, this DIP financing, combined with the acquiring party’s investment and the Company’s cash from operations, is expected to provide sufficient liquidity during the Chapter 11 case to support its continuing normal business operations and minimize disruption.

Morgan, Lewis and Bockius LLP and Ice Miller are serving as hhgregg’s legal advisors in the restructuring and Stifel, Nicolaus & Company, Incorporated, Miller Buckfire & Co., and Berkeley Research Group, LLC are serving as financial and restructuring advisors.

About hhgregg

hhgregg is an appliance, electronics and furniture retailer that is committed to providing customers with a truly differentiated purchase experience through superior customer service, knowledgeable sales associates and the highest quality product selections. Founded in 1955, hhgregg is a multi-regional retailer currently with 220 stores in 19 states that also offers market-leading global and local brands at value prices nationwide via hhgregg.com.

Forward Looking Statements

The following is a Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release includes forward-looking statements, including with respect to hhgregg’s intentions and plans to restructure hhgregg and the conduct of its business during and after such restructuring. hhgregg has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While hhgregg believes these expectations, assumptions, estimates and projections are reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These and other important factors may cause hhgregg’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Some of the key factors that could cause actual results to differ from hhgregg’s expectations are: the ability to successfully execute the Company’s strategies and initiatives, particularly in returning the Company to profitable growth; the Company’s ability to successfully navigate a Chapter 11 bankruptcy; the Company’s ability to increase customer traffic and conversion; competition in the retail industry; the Company’s ability to maintain a positive brand perception and recognition; the Company’s ability to attract and retain qualified personnel; the Company’s ability to maintain the security of customer, associate and Company information; rules, regulations, contractual obligations, compliance requirements and fees associated with accepting a variety of payment methods; the Company’s ability to effectively achieve cost cutting initiatives; the Company’s ability to generate strong cash flows to support its operating activities; the Company’s relationships and operations of its key suppliers; the Company’s ability to generate sufficient cash flows to recover the fair value of long-lived assets; the Company’s ability to maintain and upgrade its information technology systems; the fluctuation of the Company’s comparable store sales; the effect of general and regional economic and employment conditions on the Company’s net sales; the Company’s ability to meet financial performance guidance; disruption in the Company’s supply chain; changes in trade regulation, currency fluctuations and prevailing interest rates; and the potential for litigation.

Other factors that could cause actual results to differ from those implied by the forward-looking statements in this press release are more fully described in the “Risk Factors” section in the Company’s Annual Report on Form 10-K for fiscal year 2016 filed May 19, 2016 and the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2016 filed on January 26, 2017. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. hhgregg does not undertake, and specifically declines, any obligation to update any of these statements or to publicly announce the results of any revisions to any of these statements to reflect future events or developments.

Media Contact:
hhgregg, Inc.
Lance Peterson
317-848-8710
Vice President, Finance and Planning
investorrelations@hhgregg.com

Chantal Kowalski
317-561-7022
Communications Manager
chantal.kowalski@hhgregg.com

Source: hhgregg, Inc.

SpartanNash announces the promotion of Pat Weslow as SVP, Distribution Sales

Byron Center, MI, 2017-Mar-08 — /EPR Retail News/ — SpartanNash (Nasdaq: SPTN) announced today (Mar 6th, 2017) that Pat Weslow has been promoted to Senior Vice President, Distribution Sales, where he will oversee sales across the Company’s distribution network, effective today. Mr. Weslow has been serving as SpartanNash’s Vice President, National Accounts and will report directly to Dave Staples, SpartanNash’s President and Chief Operating Officer.

“Since joining the company in 2014, Pat has been a key member of SpartanNash’s distribution sales team,” commented Mr. Staples. “He has played a significant role in the food distribution segment’s sales growth.”

Prior to joining SpartanNash, Mr. Weslow held executive sales and marketing positions with Acosta and Coca-Cola, including Vice President, Retail Operations for Acosta, and Director of National Retail Sales and Director of Supermarket Sales for Coca-Cola.

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, Family Fresh Market, D&W Fresh Market and SunMart. Through its MDV military division, SpartanNash is the leading distributor of grocery products to military commissaries in the United States.

Contact:
Meredith Gremel
Vice President, Corporate Affairs and Communications
616.878.2830

Source: SpartanNash

BELGIUM: OKay store opens its 124th store in Diegem

Halle, Belgium, 2017-Mar-08 — /EPR Retail News/ — On Wednesday 8 March, OKay opens its 124th store in Diegem. In the practical local supermarket, customers can find everything for quick, cheap and easy shopping. The shop has a surface of 650 m², employs 12 people and is built with sustainable techniques and material. OKay is happy to invite the local residents at the opening reception on Tuesday 7 March from 6 to 9 p.m. where they can enjoy a snack and a drink and get a guided tour of the store.

Opening reception
As from Wednesday 8 March 2017, store manager Wesley Verschueren and his team welcome their customers in the new OKay in Diegem. The evening before, on Tuesday 7 March, the store is officially inaugurated during the opening reception from 6 to 9 p.m. All local residents and future customers will be given a hearty welcome.  The new store is situated at Woluwelaan 113 near the village centre of Diegem and the Brussels Ring, so it is easily accessible. Until now, the inhabitants of Diegem could go shopping at the OKay stores of Steenokkerzeel and Eppegem. The nearest Colruyt stores are located in Vilvoorde and Nossegem.

Fresh, modern design
OKay Diegem is a new generation store with a fresh and modern design. Wide aisles in the fresh market and large glass walls make shopping a pleasant experience. Fresh bread is supplied every day and the co-workers bake high-quality rolls and buns in the oven. The fresh product supply is one of OKay’s assets: fresh fruit and vegetables every day, dairy products, meat, cold cuts, fish and ready-to-eat meals. OKay offers a broad mix of national brands, private labels and discount brands. The local supermarket is also equipped with a handy ‘Easy Cooking’ counter. It contains all the ingredients for delicious season’s dishes. Customers who quickly need to find a meal, don’t have to walk through the whole shop.

Lowest possible impact on environment
It is very important to OKay to save energy and build with the lowest possible environmental impact. That is why, since 2015, they have been using sustainable techniques and materials for the second generation stores. The shops have a propane-powered cooling system for the fresh market. Propane is a natural cooling substance that reduces the emission of greenhouse gasses by 90% as compared to a synthetic coolant. Also, the insulation and ventilation in the shop are tuned to one another to reduce loss of energy to a minimum and recover up to 75% of the warmth in the air. The led lighting in the shop reduces energy consumption by 30% and there is a buffer for rain water that can be reused.

Need photos for your article? Download them from here.

About OKay
OKay is Colruyt Group’s neighbourhood store format. OKay stores are set up near town or city centres and guarantee the lowest prices in the neighbourhood. Customers can find everything they need there.

The very first OKay opened its doors on 14 January 1998 in Ertvelde. Since then, the business unit has been opening an average of 6 new stores every year. Today, OKay has 103 stores in Flanders, 17 in Wallonia and 4 in Brussels. In the next years, local supermarket chain OKay will keep up this pace and continue to open new sales outlets. In time, OKay intends to open a total of 180 stores in Belgium. Since November 2015, the chain also has its own distribution centre at the industrial estate of Lot (Beersel) in Flemish Brabant. OKay employs over 1,500 people today.

Contact:
Silja Decock
Colruyt Group Press Officer
Tel.: +32 (0)473 92 45 10 or +32 (0)2 363 55 45
Email: silja.decock@colruytgroup.com

Practical information:
OKay Diegem
Woluwelaan 113
1831 Diegem
Tel: +32 (0)2 725 52 80
www.okaydiegem.be

Opening hours OKay:
Monday to Saturday from 8.30 to 19.30

Source: Colruyt Group

Tesco provides more convenience for customers with extended Same Day Click and Collect service

Tesco provides more convenience for customers with extended Same Day Click and Collect service

 

CHESHUNT, England, 2017-Mar-08 — /EPR Retail News/ — Tesco has today (7 Mar 2017) announced it is extending its Same Day Click and Collect service, allowing customers to pick up their online groceries more quickly and easily than ever before.

Customers can now order an unlimited number of items before 9 am and book a two hour window to collect their groceries from midday onwards. This new slot is in addition to the existing offer, where customers can order by 1 pm to pick up from 4 pm. The service will now be available from more than 300 locations across the UK.

Tesco’s customers are increasingly turning to Click and Collect as a quick and convenient way to get their groceries with a 20% increase in the number of customers using the service in the past year. The Same Day collection option has proved particularly popular with almost 10% of Click and Collect orders now placed on the same day.

The new slot gives Tesco’s online customers more choice than ever before on how to receive their groceries.

Adrian Letts, Managing Director of Online at Tesco, said:

“More customers than ever are choosing to use our grocery Click and Collect service which is we’ve decided to introduce a new same day collection slot.

“We offer a range of ways to shop with Tesco and Click and Collect means customers can choose to pick up their shopping at a time and location that suits them, without having to hit the aisles themselves.”

These changes further improve Tesco’s online grocery service options open to customers with the retailer also offering same day home delivery to customers in London and the South East. Customers can order by 1pm to have their shopping on their doorstep from 6pm onwards.

To better reflect the cost of delivering the service and including this extra option, Tesco’s Click and Collect service is now priced between £0 and £4 depending on time and day of collection. Click and Collect and Same Day Delivery are free of charge for all Delivery Saver customers.

Same Day Click and Collect is available Monday to Saturday and priced between £2 and £4.

Same Day Delivery is available Monday to Saturday and priced between £3 and £7.

Next Day Click and Collect is priced between £0 and £2.

Same Day Click and Collect, Same Day Delivery and Next Day Click and Collect* are all free of charge for Delivery Saver customers.

*From March 13th onwards.

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

Contact:
Tesco Press Office
01707 918 701

Source: Tesco

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BRC launches cyber security “toolkit” to prevent and manage cyber security threats

London, 2017-Mar-08 — /EPR Retail News/ — The BRC has today (March 07, 2017) launched a cyber security ‘toolkit’ that will provide retail businesses of all sizes with a practical, step-by-step guide to prevent and manage cyber security threats and protect the customers they serve.

The BRC Cyber Security Toolkit, launched in London today by the BRC and Home Office Minister Sarah Newton MP, is the first of its kind. The toolkit aims to provide retailers with practical guidance to ensure they have the appropriate preventative and response measures in place to reduce their vulnerabilities and to protect both themselves and their customers.

For retailers, the online market has seen huge growth in recent years with online sales growing by around 10 to 15 per cent each year. The same period has seen the parallel rise of ever more elaborate forms of cyber-related crimes such as ‘doxing’, ‘whaling’ and ‘spoofing’ against both retail businesses and online shoppers. In developing this toolkit, the BRC and its members were driven by a desire to keep pace with the evolving risks associated with operating online and also to ensure they meet customer expectations around the protection of personal data.

The toolkit’s recommendations to retail businesses include: establishing cyber security as a board level issue, retail-specific information-sharing, completing a cyber security risk assessment, and creating an incident response plan. The toolkit also provides a guide to preparing, responding, recovering and reviewing attacks.

Consumers spend approximately one in four pounds online. According to the BRC Annual Retail Crime Survey 2016, an estimated 53 per cent of reported fraud in the retail industry is cyber-enabled, which represents a total direct cost of around £100 million.

HUGO ROSEMONT, POLICY ADVISER ON CRIME & SECURITY AT BRC, SAID:

“The UK is one of the leading e-commerce markets in the world. The BRC Cyber Security Toolkit is designed to equip British retailers with the know-how, guidance and practical support that will help the industry stay ahead of the ever evolving threats posed by cyber-related criminality. All parts of the retail industry have a large and growing stake in keeping customers safe and secure, and the industry is committed to ensuring the strongest possible measures are in place – all the way through from prevention to incident response.”

SARAH NEWTON, MINISTER FOR VULNERABILITY, SAFEGUARDING AND COUNTERING EXTREMISM SAID:

“Crime is changing and so the way we all work to tackle it must change too.

“We are already taking world-leading action to stamp out cyber crime and fraud, including investing £1.9 billion in cyber security over five years. But as we have said, the Government cannot do this alone.

“Businesses have a responsibility to take steps to protect themselves and their customers, which is why we are delighted that the BRC has introduced their Cyber Security Toolkit to help retailers to do so.”

DR IAN LEVY, TECHNICAL DIRECTOR AT THE NATIONAL CYBER SECURITY CENTRE, SAID:

“The retail sector is vital to the UK’s economic well-being and both the sector and its supply chain are increasingly reliant on online safety and security.

“The NCSC is delighted to be working with the BRC in finding innovative ways to make the UK a safe place for citizens, e-commerce, small businesses and large chains to do retail business online.

“We are committed to giving individuals and businesses of all sizes confidence to deliver success in our increasingly digitalised economy, and were pleased to support the development of this toolkit.”

Notes to Editors

  1. The Cyber Security Toolkit for retailers was developed under the auspices of the BRC’s Fraud and Cyber Security Member Group and has benefitted from formal and informal consultation.
  2. Consumers spend approximately one in four pounds online: BRC- KPMG Online Retail Sales Monitor February 2017
  3. The BRC Annual Retail Crime Survey 2016 is here: http://brc.org.uk/media/116348/10081-brc-retail-crime-survey-2016_all-graphics-latest.pdf An estimated 53 per cent of reported fraud in the retail industry is cyber-enabled, which represents a total direct cost of around £100 million. Representing around 15% of the total cost of retail crime, cyber-enabled fraud covers traditional categories of deception (such as scams or other forms of social engineering) which, according to the Government’s definition, can be increased in scale through the use of computers or other information and communications technology (ICT). Cyber-crime, by contrast, are crimes (such as hacking to steal data) that can be committed only through ICT. As a conservative first estimate, this latter category represented a direct financial loss to the retail industry of around £36m in 2016.
  4. For detail on the character of threats including doxing, whaling and spoofing, the BRC Cyber Security Toolkit contains a Glossary of Cyber Security Threats and Terminology (pp.39-40).

Contact:

BRC Press Office
TELEPHONE: + 44 (0) 20 7854 8924
EMAIL: media@brc.org.uk

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BRC launches cyber security “toolkit” to prevent and manage cyber security threats

Source: BRC

 

BRC/KPMG: Online sales of Non-Food products in the UK grew 8.0% in February YoY

  • Online sales of Non-Food products in the UK grew 8.0% in February versus a year earlier, when they had increased by 10.7%. This is above the 3-month average of 7.7% and the 12-month average of 9.3%. This is the second month in a row the 12-month average has sat below double-digit figures.
  • Over the 3 months to February, Online sales of Non-Food products in the UK grew 7.7% year-on-year, the lowest 3-month average since our monitor began. Over the same period, Total Non-Food sales in the UK fell by 0.2%, the first decline since November 2011.
  • In February 2017, Online sales represented 22.2% of total Non-Food sales in the UK, against 21.0% in February 2016. On a 3-month basis, penetration rate was 23.2%.
  • Over the 3 months to February, Online sales contributed 2.3 percentage points to the year-on-year growth of Total Non-Food sales. In contrast, In-Store sales made a negative 3-month contribution of 2.5 percentage points. In February, Online sales contributed 1.8 percentage points to Non-Food growth.
  • Over the 3 months to February, In-Store sales fell, posting declines of 2.4% on a total basis and 2.6% on a like-for-like basis. For the month of February, In-Store sales showed a decline.

London, 2017-Mar-08 — /EPR Retail News/ — HELEN DICKINSON OBE, CHIEF EXECUTIVE, BRITISH RETAIL CONSORTIUM

“A fairly stable rate of online growth has again helped compensate for declines in stores. The online market has now grown to over 20 per cent of total non-food sales, and as a result growth of 8.0 per cent is understandable if not as impressive in previous years and helps explain the lowest 3-month average rate of year-on-year growth since May 2013.“Digital platforms remain the preference for a savvy shopper to search for the items they want at the best price, and helps explain why clothing and electronics have driven online growth when sales in stores have flagged. A later Mother’s Day this year has distorted the figures for February, since purchases which were made in the final week of February last year will now fall in March’s figures this year. We expect March’s growth to be stronger due to the impact of this distortion and of new video game releases.”

PAUL MARTIN, UK HEAD OF RETAIL, KPMG

“Online retail sales in February provide further contrast to the poor performance noted on the high street. Non-food online sales are up 8% on last year and penetration rates remain stable at 22.2%.

“Interestingly, many of the categories that failed to capture the attention of shoppers in store, did so online – including clothing and footwear. Carefully placed promotions and the shorter wait until pay day in February are likely to have nudged online shoppers to e-checkouts.

“School half-term will also have contributed to online retailer’s stronger performance and notably children’s toys performed particularly well during the month.

“In the run up to the Budget, online retailers will be eager to learn if the Chancellor looks to support the retail sector. The business rate rise has been hotly contested, given the varying impact the proposed changes will have on retailers utilising physical or online retail channels.”

Contact:

BRC Press Office
TELEPHONE: + 44 (0) 20 7854 8924
EMAIL: media@brc.org.uk

Source: BRC

BRC/KPMG: February was yet another challenging month for the majority of retailers in UK

  • In February, UK retail sales decreased by 0.4% on a like-for-like basis from February 2016, when they had increased 0.1% from the preceding year.
  • On a total basis, sales rose 0.4% in February, against a 1.1% increase in February 2016. This remains below the 3-month average of 0.8% and the 12-month average of 0.9%.
  • Over the three-months to February, Food sales increased 0.6% on a like-for-like basis and 2.0% on a total basis. This is the third consecutive 3-month average Total growth of 2.0% or above, taking the 12-month Total average growth to 1.2%, the highest since May 2014.
  • Over the three-months to February, Non-Food retail sales in the UK declined 0.4% on a like-for-like basis and 0.2% on a total basis. This is the first 3-month decline since November 2011, dragging the 12-month Total average growth to 0.6%, the lowest since May 2012.
  • Over the three-months to February, Online sales of Non-Food products grew 7.7% while In-store sales declined 2.4% on a Total basis and 2.6% on a like-for-like basis.

London, 2017-Mar-08 — /EPR Retail News/ — HELEN DICKINSON OBE, CHIEF EXECUTIVE, BRITISH RETAIL CONSORTIUM

“Overall growth was subdued in February driven by a continuation of the slowdown in non-food sales. This was marginally offset by slightly stronger growth in food sales.

“There was some negative distortion created by the later timing of Mother’s Day this year, which meant that some categories, notably women’s accessories and health and beauty, didn’t benefit from the build-up of gift purchases as they did last year. But looking beyond this distortion, the persistent weak sales performance of several non-food categories points to an undeniable trend of cautious spending on non- essential items.

“Tougher times are expected ahead. The impact of inflation on consumer spending will add further intensity to an already fiercely competitive environment in which the ability to adapt and innovate will be key to survival. Looking to the Budget this week, we hope to see a commitment from Government to lay a path to a truly sustainable business rates system that will give retailers the flexibility needed to invest and support their local communities.”

PAUL MARTIN, UK HEAD OF RETAIL, KPMG

“Evidently February was yet another challenging month for the majority of retailers, with like-for-like sales down 0.4 per cent on last year. Food sales however, continued to buck the general trend by remaining in the black. That said, with inflation starting to have an impact on retail performance, it is clear that consumer confidence is showing signs of deteriorating.

“School half-term holidays are likely to have contributed to the stronger performance in children’s toy sales during the month. Likewise, furniture and home textile sales will have benefited from parents using the holiday as an opportunity to spruce up the home.

“Retailers will be paying close attention to the upcoming Spring Budget in the hope of seeing some measures to ease the pressure being placed on margins. For some bricks and mortar retailers, a hike in business rates may well be the straw that breaks the camel’s back.”

JOANNE DENNEY-FINCH, CHIEF EXECUTIVE, IGD

“Food and grocery turned in a solid sales performance throughout February, with a particularly strong Valentine’s Day this year.

“The return of a little inflation to the aisles is also playing its part and shoppers are bracing themselves for more to come: 81 per cent believe food prices will rise in the coming year, the highest level of anticipation since September 2016. This puts the emphasis back on hunting for value, with 63 per cent of shoppers favouring everyday low prices over more special offers.”

Contact:

BRC Press Office
TELEPHONE: + 44 (0) 20 7854 8924
EMAIL: media@brc.org.uk

Source: BRC

SHARE BUYBACK UPDATE: AHOLD DELHAIZE REPURCHASED 627,807 OF AHOLD DELHAIZE COMMON SHARES FROM FEBRUARY 27, 2017 UP TO AND INCLUDING March 3, 2017

Zaandam, the Netherlands, 2017-Mar-08 — /EPR Retail News/ — Ahold Delhaize has repurchased 627,807 of Ahold Delhaize common shares in the period from February 27, 2017 up to and including March 3, 2017. The shares were repurchased at an average price of €20.18 per share for a total consideration of € 12.7 million. These repurchases were made as part of the €1 billion share buyback program announced on December 7, 2016.

The total number of shares repurchased under this program to date is 9,981,276 common shares for a total consideration of €200.0 million.

Download the share buyback transactions excel sheet for detailed individual transaction information under “Files to download” (on the right).

Visit www.aholddelhaize.com/en/investors/shareholders/share-buy-back-programs for a complete overview of all Ahold Delhaize share buyback programs.

Contact:

Ellen van Ginkel
Director External Communications
media.relations@aholddelhaize.com
+31 88 6595134

Source: Ahold Delhaize

NOISY MAY now an independent BESTSELLER brand

NOISY MAY now an independent BESTSELLER brand

 

BRANDE, Denmark, 2017-Mar-08 — /EPR Retail News/ — Four years after its conception, our brand NOISY MAY has grown up and is ready to leave the safe nest of mothering brand VERO MODA.

As of 1 March, NOISY MAY will function as an independent BESTSELLER brand with an independent organisation. Standing on its own feet however, does not mean cutting all ties to the family and NOISY MAY hopes for a fruitful collaboration with its mothering brand VERO MODA down the line.

Thanks from NOISY MAY

“NOISY MAY would like to thank everyone at VERO MODA for the best 4 years. The VERO MODA organisation gave birth to us on 3 March 2013, today we are ready to leave the nest and tackle the world on our own. We appreciate where we come from and acknowledge that you’ve all had an enormous impact on our amazing results during the past 4 years.”

Who is NOISY MAY?
“NOISY MAY always craves the latest fashion items and wants to be the number one denim brand. We are a team of passionate individuals bound together by our love for fashion and true denim. Our jeans are authentic, made by skilled professionals who know how to make denim work for you and your lifestyle. We take inspiration from the street to design innovative fast fashion collections for denim loving girls everywhere, and NOISY MAY provides cutting-edge collections for the fashion conscious girl, including heart-achingly on-trend separates.”

Shop NOISY MAY here.

Contact:

E-mail: contact@bestseller.com
Phone: + 45 99 42 32 00

Source: Bestseller

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PHILIPPINES: SM group continues commitment to the government and Go Negosyo’s initiative to promote produce grown by local farmers

PHILIPPINES: SM group continues commitment to the government and Go Negosyo’s initiative to promote produce grown by local farmers

 

Pasay City, Philippines, 2017-Mar-08 — /EPR Retail News/ — In the fourth quarter of last year, the Department of Agriculture (DA) with the help of Go Negosyo, finalized an agreement with supermarket and restaurant chains to source directly from local onion farmers and help them sell their produce. As the first to support the initiative, SM Markets immediately ordered and successfully moved 20 metric tons of Nueva Ecija onions. To continue its support, the company has already placed a new order of 100 metric tons or approximately 90,718.5 kilos of red and white onions from Nueva Ecija-based BONEA Multi-purpose cooperative, the local source endorsed by DA Secretary Manny Piñol. The onions are expected to arrive on the second week of March and will be available in select SM Supermarket, SM Hypermarket, Savemore Market, and Waltermart branches in Metro Manila.

SM Markets’ continuing support is part of the SM group’s commitment to the government and Go Negosyo’s initiative to promote produce grown by local farmers. Led by Agriculture Secretary Manny Piñol and Presidential Adviser on Economic Enterprise Joey Concepcion, the program aims to provide local farmers better access to the market through SM’s chain of stores and other retailers all over Metro Manila.

“Our customers have embraced the DA’s initiative to help the local farmers of Nueva Ecija. We are very pleased to report that we have ordered more than double the previous quantity of onions and we are making it available in more SM Markets stores this time. So far, the partnership between DA and major retailers is going well and we are looking forward to more joint ventures in the future,” says SM Markets consultant for external affairs Pong Ejercito.

With 48 SM Supermarket branches, 146 Savemore Market stores, and 44 SM Hypermarkets, SM Markets remain the largest food retail chain in the country. The group bagged the Philippine Retailers Association’s Best Supermarket award two years in a row with SM Hypermarket gaining Hall of Fame status in 2015. SM Markets has also won numerous DTI Gold Bagwis Service Excellence Seals with SM Supermarket being the first food retailer to win the Corporate Gold Bagwis Seal in 2014 with SM Hypermarket and Savemore Market following a year after. As one of the pioneering supermarket chains in the country, SM Markets continues to deliver world-class products and services to over 230 cities and municipalities nationwide and counting.

For queries, please contact:
Marketing Communications Group
Frances Corsiga – 09175305636
Olivier Guevara – 09175466877

Source: SM Investments Corporation

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Advance Auto Parts to hire more than 15,000 team members in 2017

Company invests in career pathing, training and benefits for people who have a passion for customers

ROANOKE, Va., 2017-Mar-08 — /EPR Retail News/ — Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider that serves both professional installer and do it yourself customers, is accelerating growth and plans to open 75 to 85 new stores and a state-of-the-art distribution center in 2017. As a result of the new jobs created through expansion and existing career opportunities, Advance expects to hire more than 15,000 team members this year across its family of companies, which includes Advance Auto Parts, Carquest, WORLDPAC and Autopart International.

“We’re pleased to expand our company’s presence this year as part of our long term growth plan,” said Tom Greco, President and Chief Executive Officer. “In addition to the investment that new stores bring to our communities, it offers a unique opportunity for people who have a passion for serving customers to join a growing company. At Advance, we treat and reward our team members like owners in our business. We are looking for talented people who are driven to deliver winning outcomes and take action while developing both themselves and others.”

“At Advance, we empower our people because they are our best part,” said Natalie Rothman, Senior Vice President, Human Resources. “They care for our customers’ needs every day and feel like they are part of a family. That sense of family is felt by our customers when they call or visit our stores, and is an important part of the service experience we provide. Advance cares for our people and provides compelling opportunities that allow team members to grow their career with us.”

In 2016, Advance was proud to promote more than 6,000 team members across the company who demonstrated our commitment to customers and drive for results. In 2017, Advance will continue to focus on growing talent by developing team members within the organization and recruiting outstanding candidates who have passion for serving customers.

As part of those efforts, the company is investing in career pathing and training programs, with a key focus on expanding leadership and business fundamentals training, and offering more opportunities for team members to connect and network with others across the organization through shared experiences. A newly created inclusion and diversity team is dedicating efforts to ensure our team reflects the community of customers we serve across our operations.

Interested candidates may apply at www.AdvanceAutoParts.jobs. You may also follow the company on Facebook at facebook.com/AdvanceAutoPartsCareers and on LinkedIn at linkedin.com/company/advance-auto-parts.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of December 31, 2016, Advance operated 5,062 stores and 127 WORLDPAC branches and employed 74,000 Team Members in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The company also serves approximately 1,250 independently owned Carquest branded stores across these locations in addition to Mexico and the Bahamas, Turks and Caicos, British Virgin Islands and Pacific Islands. Additional information about the Company, employment opportunities, customer services, and on-line shopping for parts, accessories and other offerings can be found on the Company’s website at www.AdvanceAutoParts.com.

Forward Looking Statements

Certain statements contained in this release are forward-looking statements, as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events or developments, and typically use words such as believe, anticipate, expect, intend, plan, forecast, outlook or estimate. These forward looking statements include, but are not limited to, key assumptions for 2017 financial performance including statements regarding expected growth and future performance of Advance Auto Parts, Inc. (AAP), including store growth; expectations regarding leadership changes and their impact on the company’s strategies, opportunities and results; statements regarding enhancements to shareholder value; statements regarding strategic plans or initiatives, growth or profitability; and all other statements that are not statements of historical facts. These forward-looking statements are subject to significant risks, uncertainties and assumptions, and actual future events or results may differ materially from such forward-looking statements. Such differences may result from, among other things, AAP’s ability to implement its business and growth strategy; ability to attract, develop and retain executives and other employees; changes in regulatory, social and political conditions, as well as general economic conditions; competitive pressures; demand for AAP’s products; the market for auto parts; the economy in general; inflation; consumer debt levels; the weather; business interruptions; information technology security; availability of suitable real estate; dependence on foreign suppliers; and other factors disclosed in AAP’s 10-K for the fiscal year ended December 31, 2016 and other filings made by AAP with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. AAP intends these forward-looking statements to speak only as of the time of this communication and does not undertake to update or revise them as more information becomes available.

Contact:
Laurie Stacy
540-561-1206
laurie.stacy@advance-auto.com

Source: Advance Auto Parts, Inc.

MIGROS KOMMT NACH MATZINGEN

Gossau, Switzerland, 2017-Mar-08 — /EPR Retail News/ — Die Migros Ostschweiz plant, voraussichtlich Ende 2017 an der Frauenfelderstrasse 95 in Matzingen einen Supermarkt zu eröffnen. Das entsprechende Baugesuch hat sie bei der Gemeinde Matzingen in diesen Tagen eingereicht.

Die Migros wird als Mieterin in das neue Gewerbehaus einziehen, welches die Gyr & Co. AG an der Frauenfelderstrasse 95 erstellt. Der Mietvertrag konnte Anfang August unterzeichnet werden. Die Eröffnung ist für Ende 2017 vorgesehen.

Optimale Anbindung

Der Standort befindet sich direkt an der Hauptstrasse Richtung Frauenfeld. „Dadurch können auch die Nachbargemeinden Stettfurt, Wittenwil und Wängi von der geplanten Migros als Einkaufsort profitieren“, kommentiert Dominique Lumpert, Leiter Direktion Supermarkt bei der Migros Ostschweiz. Ein weiterer Pluspunkt sei die Haltestelle der Frauenfeld-Wil-Bahn, die sich direkt auf der anderen Strassenseite befinde. „So ist der Supermarkt auch mit den öffentlichen Verkehrsmitteln gut erschlossen.“ 50 Parkplätze werden den Kundinnen und Kunden einen zeitgemässen Einkaufskomfort ermöglichen.

Viel Frische

Der geplante Migros-Supermarkt in Matzingen wird auf einer Verkaufsfläche von rund 500m2 ein vielfältiges und frisches Sortiment für den täglichen Bedarf anbieten. Dazu gehören insbesondere eine grosszügige Frischeabteilung mit einem attraktiven Angebot an Früchten und Gemüse sowie eine Aufbackstation für stets ofenfrische Waren. Die Migros wird rund zwei Millionen Franken investieren und zehn neue Arbeitsplätze schaffen.

Contact:
Genossenschaft Migros Ostschweiz
Herr Christian Possa
Kommunikation/Kulturprozent/Sponsoring
Industriestrasse 47
9201 Gossau
TEL: 071 493 24 92
FAX: 071 493 27 89
E-MAIL: christian.possa@gmos.ch

Source: Migros

EROSKI renueva parte de su Consejo de Dirección para afrontar una nueva etapa focalizada en la competitividad del negocio

EROSKI renueva parte de su Consejo de Dirección para afrontar una nueva etapa focalizada en la competitividad del negocio

 

  • El órgano de Dirección se ha renovado parcialmente con la incorporación de una nueva directora Comercial, una nueva directora de Marketing y un nuevo director Social de la cooperativa
  • Las prioridades de la cooperativa para los próximos años son competir en cada uno de los mercados en los que está presente, situar al Socio-Cliente en el centro de su estrategia y potenciar las capacidades de sus equipos de personas
  • Los máximos órganos de gobierno corporativo de la cooperativa, el Consejo Rector y el Consejo Social, están ocupados por un 83 % de mujeres

ELORRIO,España, 2017-Mar-08 — /EPR Retail News/ — EROSKI ha renovado parcialmente su Consejo de Dirección con la incorporación de una nueva directora Comercial, Beatriz Santos, una nueva directora de Marketing, Eva Ugarte, y un nuevo director Social, Iñigo Eizaguirre. Completan la composición de este Consejo de Dirección su presidente, Agustín Markaide; el director de Recursos, Javier Amezaga; y la directora de Red, Rosa Carabel.

Con estas incorporaciones la cooperativa conforma un Consejo de Dirección paritario. La igualdad de género está claramente reflejada en los estatutos fundacionales de EROSKI y constituye un principio aplicado en todas las políticas de la empresa, en todos los procesos y en todos los niveles de la organización para garantizar una igualdad de oportunidades expresa y tácita, manifiesta tanto en las relaciones profesionales como en el trato personal. El 78% de la plantilla de EROSKI son mujeres, los órganos de gobierno de la cooperativa – Consejo Rector y Consejo Social – son ocupados por un 83% de mujeres, y la representación femenina en puestos de responsabilidad alcanza el 72%, la más alta del sector de distribución.

Nueva etapa focalizada en la competitividad de su actividad comercial

EROSKI inicia una nueva etapa, tras haber concluido sus operaciones de reconversión, en la que se marca como objetivo prioritario competir en cada uno de los mercados donde está presente, situar al Socio-Cliente en el centro de su estrategia y potenciar las capacidades de sus equipos de personas.

EROSKI es el primer grupo de distribución de carácter cooperativo de España y operador de referencia en las regiones de Galicia, País Vasco, Navarra, Cataluña y Baleares, donde concentra principalmente su red de establecimientos propios y cuenta con una cuota de mercado en torno al 20%. Además, EROSKI cuenta con una importante red franquiciada cuyas áreas de expansión son principalmente las regiones de Andalucía, Madrid, Castilla La Mancha, Extremadura y Levante.

Ofrecer al consumidor una propuesta comercial más saludable y sostenible, con un fuerte protagonismo de los alimentos producidos en su entorno más cercano son las principales claves competitivas del modelo comercial “contigo” con el que EROSKI está remodelando su red de tiendas. Son ya 512 los establecimientos de nueva generación – 26 hipermercados y 486 supermercados – que permiten una compra más fácil y atractiva al cliente con una fuerte especialización en frescos y el protagonismo de los productos locales. Para este 2017, EROSKI prevé añadir 79 nuevas remodelaciones que mejoren la competitividad de sus tiendas, a las que se suman 4 aperturas de nuevas tiendas propias, además de la fuerte expansión de franquicias.

Para los próximos 4 años, la prioridad de EROSKI es el fortalecimiento de su negocio y para ello, el Plan Estratégico impulsado por el renovado Consejo de Dirección refuerza la unidad de acción orientada a resultados y sitúa a los 7 millones de Socios Clientes, titulares de las tarjetas EROSKI, CAPRABO, IF y FORUM, en el centro de la estrategia del Grupo.

Potenciar el desarrollo profesional y personal de los equipos de EROSKI constituye el tercer pilar del Plan Estratégico a 2020, situando la formación de las personas como una de las claves en la mejora competitiva. Ya durante el pasado ejercicio, EROSKI aumentó un 20% las horas de formación interna superando las 210.000 horas.

Para mejorar la atención al cliente y avanzar hacia una atención más personalizada, EROSKI cuenta con sus propias “Escuelas de Frescos” en Carnicería, Pescadería, Panadería, Charcutería y Frutería, donde más de 500 trabajadores han pasado por sus aulas durante 2016.

Destaca también dentro de esta apuesta por el desarrollo profesional y personal de las personas que conforman EROSKI, el programa “summa” de desarrollo directivo. Un programa de formación desarrollado conjuntamente con MONDRAGON UNIBERTSITATEA y que forma parte del Plan de Transferencia de Talento Universidad – Empresa definido por la cooperativa para los próximos 4 años como motor de innovación para la construcción de nuevas ventajas competitivas sostenibles en el tiempo.

Sobre EROSKI

EROSKI tiene una red comercial de 1.877 establecimientos, entre supermercados, hipermercados y cash&carry, además de gasolineras, ópticas, oficinas de viajes, perfumerías y tiendas de equipamiento deportivo. Cuenta con más de 7 millones de Socios Clientes y 33.870 socios cooperativistas y trabajadores.

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

Source: Eroski

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