Sainsbury’s & Oxfam call on people to recycle clothes this Spring

Sainsbury’s & Oxfam call on people to recycle clothes this Spring

 

London, 2017-Apr-07 — /EPR Retail News/ — Brits are set to get rid of 680 million pieces of clothing this season as they spring clean their wardrobes. However, the annual fashion detox will be damaging for the environment with a staggering 235 million garments expected to end in landfill, as people throw them in the bin rather than donating or recycling items.

  • Wardrobe revamp will see 680 million items cleared out, with 235 million heading to landfill
  • 49m people (75%) expect to throw clothes in the bin this spring, with men more likely than women
  • Half of people (49%) believe that worn out or dirty items can’t be donated
  • Sainsbury’s & Oxfam call on people to recycle clothes, which will be welcomed regardless of quality

Now, as we welcome back sunshine and thoughts turn to warmer days, new research released by Sainsbury’s has revealed how the start of a new season fuels the clothing waste problem.

In total, three quarters (75%) of Britons admit they will throw clothes in the bin this spring, rather than donating or recycling items, meaning charities will be missing out to landfill. On average people will dispose of 19 items with seven of those going straight in the bin.

The study also uncovered the reasons people don’t donate or recycle clothing, with half (49%) saying didn’t think they could because they were worn out or dirty. A further 16% admitted they don’t have time to visit a charity shop, or simply could not be bothered to sort items, while 6% of people didn’t realise clothing could be recycled.

Interestingly, men are more likely to send clothes to landfill, with 82% saying they’ll bin items this spring, compared to 69% of women. Men will throw out more than the national average with 21 items being discarded, of which eight (38%) will end up in landfill. Women on the other hand average 17 items, of which six (35%) will go to landfill.

Paul Crewe, Head of Sustainability – Energy, Engineering & Environment for Sainsbury’s, said: “If clothes go out with the rubbish, they’ll end up in landfill, so we’ve teamed up with Oxfam to help Britons become more charitable and environmentally savvy this spring. No matter if they’re worn out or grubby, we’re calling on shoppers to donate their unwanted clothes at recycling points in our stores across the UK – perfectly placed to fit into the nation’s everyday routine.“

Sainsbury’s is the biggest single supplier of second-hand clothing for Oxfam shops and, in the last year alone, the retailer has helped recycle over 16.3 million garments, bringing in an estimated £3.6 million for the charity.

Oxfam promises that 100% of items donated via Sainsbury’s will be reused, resold or recycled, meaning that all items will be accepted regardless of style, condition or age. After being sorted at the charity’s ‘Wastesaver’ plant in Batley, Yorkshire, suitable items will be sold in Oxfam’s shops and online, or sent to support their social enterprise project in Senegal which creates jobs for disadvantaged women sorting and selling clothing in the local market. Items that aren’t fit for re-use can be turned into other textiles, used for the likes of insulation, sound proofing and padding.

Further findings also revealed that while half of respondents (47%) said their preferred way of getting rid of clothes was to take them to a charity shop, 15% said they’d normally throw items away in the rubbish. Again there’s a clear split between men and women, with a fifth (21%) of men favouring binning items, compared to half that (9%) amongst women.

Paul Crewe continued: “While recycling is now common-place for things like paper and plastics, it’s often overlooked when it comes to our clothes. But we’re trying to fix that and now have 340 donation points at our stores, so our customers can spruce their wardrobe in the knowledge that their old items will be making a difference elsewhere.”

Fee Gilfeather, Head of Retail Brand for Oxfam, added: “Many people still think that their unwanted clothes won’t make a difference to charities, but at Oxfam we can reuse or recycle almost anything. The items donated through Sainsbury’s raise millions, helping us continue our vital work to end extreme poverty around the world.

“For example, right now Oxfam is responding to the food crisis in East Africa, where 16 million people are facing terrifying food shortages. Oxfam is providing safe clean water, sanitation and food.  This is life-saving work and your unloved clothes really can make a huge difference.”

Sainsbury’s has Oxfam donation banks at 340 stores nationwide, allowing customers to drop off items while doing their shop. In the last year alone have seen a 15% increase in the number of clothes being donated. Last year more than 5,000 tonnes of clothing were donated through the partnership.

Oxfam and Sainsbury’s have been working in partnership since 2010. In addition to gathering clothing donations for the charity, Sainsbury’s is a member of Oxfam’s Emergency Response Network, helping respond to international crises.

Contact:

press_office@sainsburys.co.uk
020 7695 7295

Source: Sainsbury’s

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Argos launches world’s first date-stamped unique advert launching every day for 80 days

Argos launches world’s first date-stamped unique advert launching every day for 80 days

 

Milton, Keynes, 2017-Apr-07 — /EPR Retail News/ — This week Argos will launch an ambitious new Spring Summer advertising campaign which no brand has ever done before – the first with a brand new, date-stamped unique advert launching every day for 80 days across 10 consecutive weeks.

Breaking on Friday 7th April, the 80 Days of Argos’ campaign, developed by CHI&Partners, is made up of a series of unique, 10-second spots, celebrating how customers can truly ‘seize today’, every day, with Argos throughout Spring and Summer by using Fast Track delivery.  The market-leading service offers four same-day delivery time slots, including evenings, seven days a week for just £3.95.

Drawing inspiration from real-world events and dates in the nation’s calendar, from the London Marathon to Wimbledon, as well as responding to the Great British weather, the campaign aims to encourage viewers to make the most of each day by getting what they want delivered today, reflecting the wants of the nation.

The campaign will spotlight the top products shoppers can order and receive on the same day with Argos.  These include the new Nintendo Switch, Beats headphones, Sony TVs, Dyson fans and outdoor goods such as bikes, paddling pools and barbecues.

Each new execution will use the products as a focal point to celebrate that day’s date in a visually creative way – such as chattering Furbies, troll dolls having a blow-dry, a TV cinema drive-in and cats typing on laptops – all set against the characteristic ‘white world’ backdrop of previous Argos campaigns.

Dan Elton continued: “It also reflects the people involved in making it happen – innovative, creative and totally customer-focused. I’m very proud of the Argos, CHI and Mindshare teams who have contributed to this campaign.”

“We hope the campaign inspires customers everywhere to seize the day and make the most of the Spring and Summer, whether that’s getting a paddling pool for the kids to enjoy a sunny day, a new TV to watch the Champions League final or a tent for Glastonbury.

Dan Elton continued: “It also reflects the people involved in making it happen – innovative, creative and totally customer-focused. I’m very proud of the Argos, CHI and Mindshare teams who have contributed to this campaign.”
Running across TV, VOD and digital, social media and in-store screens, the campaign bought by Mindshare, marks a TV media first: 80 unique pieces of copy within one campaign all running with a different date called out.

It will be supported by a responsive digital engagement campaign from AllTogetherNow – including an influencer marketing campaign in which social media stars set their fans a series of same-day challenges which can only be achieved using Argos Fast Track.

Yan Elliott, Joint Executive Creative Director at CHI&Partners, said “Argos has something worth shouting about – order something by 6pm and you still get it that day – that’s pretty amazing. So we made a pretty amazing amount of ads to celebrate it. Each one runs for a day – each features a different product. This campaign features everything you might possibly want over the Spring and Summer inspiring you to ‘Get it today’.”

Notes to Editors

Credits

Brand: Argos
Client Name: Dan Elton, Nicki Brown, Becky Desert
Agency: CHI&Partners
ECD: Yan Elliott
CD: Laura Rogers
Creatives: Liz Oakley, Duncan Brooks
Planner: Rebecca Munds, Rob Sandford
Producer: Rick Carter
Production Assistant: Alfie Glover-Short
Business Partner: Gary Simmons
Account Director: Stephanie Leonard
Account Manager: Ciara Burke
Production Company: Friend London
Director: Tim Main and Joe Dixon
Production Company Producer: Richard Fenton
Director of Photography: Denzil Armour Brown
Production Designer: Mark Connell
Production Manager: Duncan Bernard
Facility Production Company: Nordic Productions
Facility Producer: Greta Kleinė
Editing: Cut and Run
Editor: Sam Jones
Post-Production: Big Buoy
Flame Artist: Jim Allen
Post Producer: Barny Wright
Sound Studio: Jungle Studios
Sound Design: Jim Griffin
Sound Design Assistant: Nathan Kiff
Voiceover: Miquita Oliver
Media Agency: Mindshare
Media Planner(s): Mark Baschnonga & Jenny Dolan
Social & Content Agency: AllTogetherNow
Managing Director: Steve Parker
Associate Director: Jason Andrews

About Sainsbury’s Argos

Sainsbury’s Argos is a leading UK digital retailer and sells more than 60,000 products under the Argos and Habitat brands. It sells through www.argos.co.uk, www.habitat.co.uk, its growing mobile channels, its 845 stores and over the telephone. Argos Digital Stores and Mini Habitats can also be found in Sainsbury’s supermarkets.
Argos is the UK’s largest high street retailer online and the second most visited website, with nearly a billion website visits a year. More than half of the company’s sales originate online and around 120 million customer transactions take place in its stores each year.

About CHI&Partners

CHI&Partners is a UK-based advertising agency. Founded in 2001, the agency is listed in the Sunday Times’ Top Track 250 and International Track 200 as the UK’s fastest-growing privately-owned ad agency both within the UK and internationally. CHI&Partners has offices spanning New York, Canada and Asia as well as Europe – working with large domestic and international clients including Argos, British Gas, Carphone Warehouse, Diageo, GSK, Lexus, News UK, Royal Bank of Scotland, Samsung, TalkTalk and Travelodge. CHI&Partners is a partner in The&Partnership.

About AllTogetherNow

AllTogetherNow is more than just a content agency. Built on the idea that together is better, AllTogetherNow is a unique, multi-service agency delivering exceptional creative production, social strategy, media buying and exclusive analytics solutions in one unified, responsive team. AllTogetherNow offers mass exposure as well as deep, targeted audience engagement, in real-time – a model which helped the agency win Golds awards at the 2015 & 2016 International Content Marketing Awards. AllTogetherNow is a partner in The&Partnership.

About The&Partnership

The&Partnership is an independent agency holding company where the majority owners are the founders and partners of the individual businesses, sharing one bottom line. The&Partnership comprises ten different communication businesses across four continents, with over 1,500 people,  spanning ten disciplines from advertising to design, CRM, media, data, analytics, PR and social – with digital at the core of all its businesses. The&Partnership is backed by WPP, the world’s largest communications agency network, which is both a partner and a significant minority shareholder.

Contact:
The Argos Press Office
CHI&Partners
media.relations@argos.co.uk
stephanie.nicolaides@theandpartnership.com
0845 120 4365
07849 031 073

Source: Argos

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EROSKI apoya a los productos catalanes en el hipermercado de Tarragona

EROSKI apoya a los productos catalanes en el hipermercado de Tarragona
  • Pone en marcha una campaña para dar a conocer y poner en valor más de 500 alimentos de producción local
  • La cooperativa colabora con un millar de proveedores catalanes, de los que comercializa 34.000 productos
  • El modelo comercial “contigo”, por el que apuesta el establecimiento, otorga protagonismo a los alimentos frescos, el trato personalizado al cliente, la apuesta por los productos locales y la promoción de una alimentación saludable

ELORRIO,España, 2017-Apr-07 — /EPR Retail News/ — EROSKI pone hoy en marcha una campaña para dar a conocer y poner en valor las características de más de 500 alimentos de producción local. La iniciativa se desarrolla en el hipermercado EROSKI de Tarragona y se enmarca dentro de la apuesta de EROSKI por las economías locales. La campaña, abierta hasta el 16 de abril, da continuidad a la celebrada en el año 2016.

“Impulsamos un sector agroalimentario local con un tejido productivo altamente diversificado, como un elemento clave para su sostenibilidad y su contribución a la economía, cultura, alimentación y calidad medioambiental del entorno. Al mismo tiempo, ofrecemos al consumidor la más amplia libertad de elección con un acceso directo a los alimentos que son producidos en su entorno”, señala el gerente del hipermercado EROSKI de Tarragona, Manel Montes.

La política comercial de la cooperativa potencia al máximo la diversidad alimentaria basada en la sostenibilidad del  sector agroalimentario y el desarrollo económico y social de la región. En este sentido, EROSKI colabora con  un millar de proveedores catalanes, de los que comercializa 34.000 productos.

El establecimiento de Tarragona es desde hace ya dos años el hipermercado franquiciado de EROSKI. “El apoyo de EROSKI ha sido una constante desde la puesta en marcha del proyecto. La cultura cooperativa de autogestión de EROSKI encaja a la perfección con mi filosofía como emprendedor”, añade Manel Montes.

La cooperativa apuesta por innovar en los formatos de franquicia al tiempo que impulsa la extensión del modelo comercial “contigo” en su red comercial. El protagonismo de los alimentos frescos, el trato personalizado al cliente, la apuesta por los productos locales y la promoción de una alimentación saludable son las bases de este modelo comercial.

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

Source: Eroski

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EROSKI inaugura un nuevo supermercado franquiciado en la localidad malagueña de Villanueva del Trabuco

EROSKI inaugura un nuevo supermercado franquiciado en la localidad malagueña de Villanueva del Trabuco

 

  • El supermercado responde al modelo comercial “contigo” que EROSKI impulsa en su red de tiendas y cuyas señas de identidad son el protagonismo de los frescos, el trato personalizado, la apuesta por lo local y la alimentación saludable
  • En los últimos tres años EROSKI ha abierto 39 supermercados franquiciados en Andalucía, lo que ha supuesto una inversión de 6 millones de euros
  • Recientemente la cooperativa y Cajasur han firmado un acuerdo para apoyar a los franquiciados de EROSKI en Andalucía con condiciones ventajosas de financiación

ELORRIO,España, 2017-Apr-07 — /EPR Retail News/ — EROSKI ha inaugurado hoy la localidad malagueña de Villanueva del Trabuco un supermercado franquiciado bajo la enseña EROSKI/City que se encuentra en el número 25 de la calle Ribera del Río. El establecimiento responde al modelo comercial “contigo” cuyos ejes se centran en un trato más personalizado al cliente, una fuerte apuesta por los productos locales y frescos de temporada, la promoción de la alimentación saludable y nuevas formas para ahorrar en la compra diaria.

La apertura del establecimiento ha supuesto la creación de tres puestos de trabajo. La cooperativa suma con esta nueva apertura 16 supermercados franquiciados en la provincia de Málaga.

El supermercado dispone de un surtido de 3.500 productos de marcas de fabricantes líderes, marca propia y productos locales, ofreciendo una amplia libertad de elección a los consumidores. Asimismo cuenta con una extensa oferta de alimentos frescos, especialmente frutas y verduras locales de temporada, en sus más de 200 metros cuadrados. Además, ofrece servicio de mostrador de charcutería para garantizar un trato personalizado a sus clientes y un horno para ofrecer pan y bollería recién horneada.

Las ofertas y promociones se sucederán cada mes para favorecer el ahorro de los consumidores. Una apuesta por el ahorro que tiene su máximo exponente en el programa de fidelización EROSKI Club, el programa de relación de los Socios-Cliente con la marca, que ofrece descuentos de hasta el 15% en más de 2.500 productos, así como promociones y ofertas exclusivas, además de todas las ventajas del programa Travel Club. Más de 106.000 consumidores son Socios-Cliente de la cooperativa y disfrutan ya de las ventajas de EROSKI Club en Málaga.

Zona de expansión prioritaria para franquicias EROSKI

Andalucía es una zona de expansión prioritaria para las franquicias EROSKI. Durante los últimos tres años la cooperativa ha inaugurado 39 supermercados franquiciados en esta comunidad, lo que ha supuesto una inversión de 6 millones de euros.

Estas aperturas suponen, junto a la transformación emprendida de su red de tiendas propias, un fuerte impulso a la expansión del modelo comercial `contigo´ que define la nueva generación de tiendas EROSKI. La cooperativa colabora con más de 780 proveedores en Andalucía. Comercializa más de 5.000 productos y realiza unas compras a proveedores andaluces superiores a los 215 millones de euros anuales.

Acuerdo de financiación con Cajasur

Recientemente EROSKI ha firmado un acuerdo con Cajasur por el que la entidad financiera andaluza pone a disposición de los franquiciados de EROSKI una línea de financiación con condiciones ventajosas para un amplio conjunto de productos y servicios, les permitirá apoyar sus necesidades financieras, así como otras derivadas de su actividad diaria.

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

Source: Eroski

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H&M Foundation announces winners of its annual innovation challenge Global Change Award

Stockholm, SWEDEN, 2017-Apr-06 — /EPR Retail News/ — The public have cast their votes. On April 5, at a ceremony in Stockholm City Hall, the five winners of H&M Foundation’s annual innovation challenge Global Change Award were awarded. The 1 million euro grant was split between them by the global public in an online vote. In addition, a trend report is released today (6 APR, 2017) highlighting learnings about the future of sustainable fashion by looking at the thousands of disruptive ideas from 130 different countries.

To speed up the shift to a circular waste-free fashion industry, the non-profit H&M Foundation initiated Global Change Award in 2015, calling for game-changing ideas that can help reinvent the entire industry.The online vote was held 27 March to 2 April, and the votes are placed:

  • €300,000: Innovation: Grape Leather, Team lead: Rossella Longobardo, Italy
  • €250,000: Innovation: Solar Textiles, Team lead: Miguel A. Modestino, US/Switzerland
  • €150,000: Innovation: Content Thread, Team lead: Natasha Franck, US/UK
  • €150,000: Innovation: Denim-dyed Denim, Team lead: Xungai Wang, Australia
  • €150,000: Innovation: Manure Couture, Team lead: Jalila Essaidi, The Netherlands

“We are deeply glad that such a prestigious Foundation recognised the value of our innovation and strongly believed in it. Our first objectives will consist in switching from a pilot to an industrial scale production our fabric and starting a green, cruelty-free revolution within the leather industry, finally solving its related issues and overexploitations,” says Rossella Longobardo from the team behind Wine Leather (“Grape Leather”).

“The Global Change Award is the first of its kind challenge for early stage innovation in fashion and we are impressed by the level of bold creativity and disruptive innovation shown by the five award winners.”

Jill Standish, Senior Managing Director of Retail at Accenture

“I congratulate all five winning teams. They have the potential to help reinvent the fashion industry, enabling products and resources to have more than one life. Winning the Global Change Award gives you a boost through funding, coaching, industry access and validation that you probably can’t find elsewhere. If you want to help reinvent one of the largest industries in the world, this is the place to go,” says Karl-Johan Persson, Board member of H&M Foundation and CEO of H & M Hennes & Mauritz AB.

The award ceremony on April 5 marked the beginning of a one year innovation accelerator, provided by the H&M Foundation in collaboration with Accenture and KTH Royal Institute of Technology in Stockholm. The program will help the winners develop their ideas, focusing on three main areas; circular economy, innovation and fashion industry connection.

“Consumer expectations for more sustainable products are placing an emphasis on the industry to fundamentally re-examine and re-design the entire fashion value chain. The Global Change Award is the first of its kind challenge for early stage innovation in fashion and we are impressed by the level of bold creativity and disruptive innovation shown by the five award winners. We are passionate about helping them further develop their inspiring ideas through the Accelerator program, to support them in driving the change towards a circular fashion industry,” said Jill Standish, Senior Managing Director of Retail at Accenture.

“Sustainable development is one of KTH’s pillars and as a world-class university of technology we’re an obvious engine and knowledge hub for this. These five amazing innovations can contribute in building a sustainable future and we look forward to kick off the one year accelerator program with the winners,” says Sigbritt Karlsson, President of KTH.

Global Change Award has quickly become the fashion industry’s hot spot for circular innovation, and now a Trend Report gathering the learnings so far is released today by Accenture and the H&M Foundation. It puts the spotlight on what to learn about the future of sustainable fashion by looking at the disruptive ideas from 130 countries competing in the Global Change Award. The report outlines interesting findings and trends within circular fashion and open innovation, based on analytics performed on the close to 3,000 applications submitted for the second Global Change Award.

MORE INFORMATION, VISUAL MATERIAL & TREND REPORT:

Press material: globalchangeaward.com/press

Trend Report: https://issuu.com/globalchangeaward/docs/global_change_award_-_trend_report

Images and films from the Grand Award Ceremony: https://app.frame.io?p=l3weYtle (supports Chrome, Safari, Firefox and Opera).

GCA YouTube channel: youtube.com/channel/UCnO-mFsN63PuuYzI0XgIR1A

Global Change Award is an innovation challenge initiated by the non-profit H&M Foundation in 2015. In September 2016, the second round was launched. By catalyzing early innovations that can accelerate the shift from a linear to a circular fashion industry, the aim is to protect the planet and our living conditions. Global Change Award is one of the world’s biggest challenges for early stage innovation and the first such initiative in the fashion industry. Neither the H&M Foundation nor the company H&M take any equity or intellectual property rights in the innovations. The aim is to influence the fashion industry as a whole. For further information, please visit globalchangeaward.com.

H&M Foundation is privately funded by the Stefan Persson family, founders and main owners of H&M. Since 2013, the family has donated SEK 1.1 billion ($154 million, €123 million) to the foundation, aiming to improve living conditions for people on a global scale. For more information, please visit hmfoundation.com.

PRESS CONTACT:

Malin Björne
PR & Communications Manager
H&M Foundation
malin.bjorne@hmfoundation.com
+46 70 796 39 75

Source: H&M

Glasgow Fort gets new retail, food and beverage lettings following completion of new £12 million Leisure Quarter

Glasgow Fort gets new retail, food and beverage lettings following completion of new £12 million Leisure Quarter

 

London, 2017-Apr-06 — /EPR Retail News/ — British Land and Hercules Unit Trust (HUT) announce a flurry of new retail, food and beverage lettings at Glasgow Fort. These lettings follow the completion of the new £12 million Leisure Quarter which features four restaurants and a 600-space multi-storey car park. The car park provides 30% additional parking capacity to accommodate increasing customer numbers.

  • Superdry has signed for its largest store in Glasgow and its first out-of-town store in the UK taking 12,000 sq ft on a 10 year lease
  • Gourmet Burger Kitchen (3,000 sq ft, 15 year lease) and Thai street food operator Thaikhun (3,750 sq ft, 15 year lease) have taken space at the new Leisure Quarter
  • Paperchase has taken its first Scottish out-of-town store with 2,000 sq ft on a 10 year lease
  • Smiggle is set to open its first out-of-town store in the UK taking 1,000 sq ft on a 10 year lease
  • YO! Sushi will transform the centre’s entrance with a 2,300 sq ft restaurant on a 20 year lease
  • Costa has upsized and will open one of its largest UK units taking 3,500 sq ft on a 10 year lease
  • Footasylum has signed for 5,000 sq ft on a 10 year lease
  • Pret a Manger will operate a bespoke 2,500 sq ft glazed pod featuring a green living wall on a 20 year lease
  • Tessuti will complement the centre’s extensive fashion offering by sharing a 10,000 sq ft store with Scotts on a 15 year lease
  • Waterstones has signed for 3,300 sq ft on a 10 year lease
  • Café Rouge has taken 3,900 sq ft on a 15 year lease for its first Scottish out-of-town restaurant
  • Nando’s which has traded very successfully since first opening at Glasgow Fort has extended into an adjacent unit almost doubling its space to 4,700 sq ft on a 15 year lease
  • JD Sports has also doubled its space at the centre and will open a 10,000 sq ft store on a 15 year lease
  • Mamas & Papas has moved within the centre to a new 5,000 sq ft unit on a 15 year lease.

James Duck, Asset Manager for British Land, said: “Glasgow Fort is a great example of how we’re creating outstanding places that reflect people’s changing lifestyles, and there’s more to come.

“Glasgow Fort’s continued outperformance gave us the confidence to develop the Leisure Quarter increasing the breadth and depth of our food and beverage offering and providing an additional 600 car parking spaces to accommodate growing customer numbers.”

The Leisure Quarter features a unique CorTen rusted steel design and introduces a new palette of materials to the centre including a living green canopy and walls, sustainably sourced timber and natural ventilation to enhance wellbeing. The development provides almost 3,000 sq ft of outdoor dining space, green public spaces, an improved public realm and children’s pocket parks providing places to gather, socialise and play in between the restaurants.

Delivery of the Leisure Quarter follows the opening of a £35.5 million retail extension anchored by a full-line 80,000 sq ft M&S in 2015 and a £9 million leisure extension in 2013. The extensions have changed the demographic of people shopping at the centre and delivered footfall increases.

Glasgow Fort is ranked as the top UK centre in its category by Javelin (Venuescore 2016) and is the top centre in its category in Scotland according to CACI.

Glasgow Fort has a catchment of over 2 million people and now features 90 leading shopping and leisure brands including Zara, Pandora, Topshop, River Island, Fat Face, KIKO Milano, schuh and Wagamama. Glasgow Fort has extended opening hours until 10pm, the longest of any Scottish centre, with 50% of trade taking place after 5pm.

British Land and HUT are represented by Paradigm and Cushman & Wakefield.

Notes to Editors

About British Land

We are one of Europe’s largest publicly listed real estate companies. We own, manage, develop and finance a portfolio of high quality UK commercial property, focused on Retail and London Offices and Residential. We own or manage total assets of £19.0 billion (British Land share is £13.9 billion) as valued at 30 September 2016. Our properties are home to over 1,200 different organisations ranging from international brands to local start-ups.

Our strategy is to create Places People Prefer. It is based on long term trends and creates a portfolio suited to current and future needs which are aligned to modern lifestyles. We employ our placemaking skills, and increasingly our mixed-use expertise to expand the appeal to a broader range of occupiers and drive long term performance.

Retail accounts for 49% of our portfolio. We create outstanding places for modern consumer lifestyles, places to shop, eat and be entertained. Comprising over 20 million sq ft of Retail and Leisure space across regional and local multi-let destinations, superstores, department stores and leisure assets, the Retail portfolio is modern, flexible and adaptable to a wide range of formats.

Office and Residential accounts for 49% of our portfolio. It comprises 7.6 million sq ft of well-connected office-led campuses and ‘campus-lite’ clusters of high quality buildings. Office campuses include Regent’s Place and Paddington Central in the West End and Broadgate (50% share) in the City. Other assets include York House, 10 Portman Square and Marble Arch House and our residential assets are at Clarges Mayfair, The Hempel Collection and Aldgate Place.

Two per cent of our portfolio is at Canada Water – a 46 acre redevelopment opportunity in our medium term pipeline to create a new mixed-use urban centre for London.

Sustainability is embedded throughout our business. Our places become part of their local communities and promote health, improve productivity and increase enjoyment. We protect asset value through energy generation and efficiency, materials innovation and flood risk reduction and we develop skills and opportunities to help local people and businesses grow.

In April 2016 British Land received the Queen’s Award for Enterprise: Sustainable Development, the UK’s highest accolade for business success for economic, social and environmental benefits achievements over the last five years.

Further details can be found on the British Land website at www.britishland.com.

About Hercules Unit Trust

Hercules Unit Trust (HUT) is a Jersey-based closed-ended property unit trust with a fixed life which has been extended to 2020, and is subject to further extension with unit holder consent. HUT’s primary investment focus is major retail properties in the United Kingdom and, in particular, those properties that offer a critical mass of retailing and, where possible, have the benefit of Open A1 planning consent.

HUT is the UK’s largest specialist retail warehouse property unit trust. As at 31 March 2016, the Trust owned and managed 12 regional and local centres, including Glasgow Fort in Glasgow and 50% of Fort Kinnaird in Edinburgh, providing in total around 3.5 million sq ft of space. Key tenants of the centres include Primark, Next, Boots, M&S, Arcadia, H&M, New Look, JD Sports and TK Maxx. British Land is Property Adviser to HUT and Crestbridge Hercules Management IC is the Manager.

Crestbridge Hercules Management IC

Crestbridge Hercules Management IC is a cell company subsidiary of Crestbridge Management ICC, part of the Crestbridge group of companies. Crestbridge is an independent provider of administration, management and corporate governance services. Crestbridge Hercules Management IC is regulated by the Jersey Financial Services Commission.

Enquiries:
Investor Relation:
Jonathan Rae
British Land
020 7467 2938

Media Relation:
Pip Wood
British Land
020 7467 2838

Jackie Janssen
British Land
020 7467 3449

Emma Hammond
FTI Consulting
020 3727 1227

Gordon Simpson
Finsbury Group
020 7251 3801

Source: British Land

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Auntie Anne’s® celebrates National Pretzel Day with some serious pretzel generosity

Auntie Anne’s® celebrates National Pretzel Day with some serious pretzel generosity

 

LANCASTER, Pa., 2017-Apr-06 — /EPR Retail News/ — Who says there’s no such thing as a free lunch? Today (April 5th, 2017), Auntie Anne’s®, the world’s largest hand-rolled soft pretzel franchise, announced they will be honoring National Pretzel Day with some serious pretzel generosity. Guests who use the “My Pretzel Perks” app will have a choice of one free Original or Cinnamon Sugar Pretzel, redeemable from National Pretzel Day – Wednesday, April 26 – through Sunday, April 30, 2017.

“National Pretzel Day is our favorite day of the year at Auntie Anne’s,” said Heather Neary, president of Auntie Anne’s. “Our stomachs would be in serious knots if not everyone got to celebrate this special holiday with us, so we’re giving our loyal fans five days to redeem their free pretzel offer!”

In order to receive the free pretzel, guests must download the “My Pretzels Perks” app – available for free in Apple’s App Store and Android’s Google Play Store – before 11:59 p.m. EST on April 26. In addition to the National Pretzel Day reward, “My Pretzel Perks” members earn 10 points for every $1 spent at any Auntie Anne’s location that can be redeemed for more free pretzels and signature Auntie Anne’s items. Members also receive free pretzels on their birthday and information about fresh, new products from the company.

Auntie Anne’s hand-rolled soft pretzels come freshly-baked in a variety of flavors including Original, Cinnamon Sugar, Sweet Almond, Sour Cream & Onion, Roasted Garlic & Parmesan, and Pepperoni. For guests on-the-go, Auntie Anne’s offers portable Pretzel Nuggets, Pretzel Dogs, and Mini Pretzel Dogs. With eight dipping sauces and a variety of drinks to accompany each pretzel, Auntie Anne’s is bound to hit the spot any time, any day.

National Pretzel Day will be honored at participating Auntie Anne’s nationwide.

About Auntie Anne’s®:

With more than 1,600 locations in 48 states and more than 25 countries, Auntie Anne’s mixes, twists and bakes pretzels to golden brown perfection all day long in full view of guests. Auntie Anne’s can be found in malls and outlet centers, as well as in non-traditional spaces including universities, airports, Walmarts, travel plazas, military bases, and food trucks. For more information, visit www.auntieannes.com, or follow on FacebookTwitter and Instagram. To receive the latest offers – including a free pretzel for your birthday – download the My Pretzel Perks app.

Source: Auntie Anne’s

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Krispy Kreme Doughnuts kicks off fundraising campaign to provide summer camp experience to children with chronic medical conditions

Krispy Kreme Doughnuts kicks off fundraising campaign to provide summer camp experience to children with chronic medical conditions

 

WINSTON-SALEM, N.C., 2017-Apr-06 — /EPR Retail News/ — Krispy Kreme Doughnuts today ( April 5, 2017 ) announced the beginning of the 9th annual Drive for 45 campaign. The campaign will raise money for Victory Junction, a non-profit organization that provides children with chronic medical conditions with a classic summer camp experience in a medically-safe environment. Guests can donate at any participating shops in the U.S. through May 19.

Victory Junction is located on 84 acres of land in Randleman, N.C. The camp serves children from across the country between the ages of six and 16.

“Victory Junction is changing lives for hundreds of children each summer,” said Jackie Woodward, Chief Marketing Officer of Krispy Kreme Doughnuts. “Everyone should be able to make friends and memories at summer camp, and we are grateful to be partners with an organization that gives this opportunity to so many.”

Kyle Petty led efforts to build Victory Junction in honor of his son Adam, who died in a racing accident in 2000. Adam’s racecar number was 45, and that’s why the Drive for 45 is 45 days long.

“Since 2009, Krispy Kreme has sent more than 1,300 kids to Victory Junction,” said Petty. “We are grateful for their passion for our mission and their continued generosity, which helps to provide normal childhood experiences to even more kids who wouldn’t be able to attend camp anywhere else due to their medical conditions.”

Krispy Kreme fans can also donate online at www.victoryjunction.com/krispykreme.

About Krispy Kreme Doughnut Corporation

Krispy Kreme Doughnut Corporation is a global retailer of premium-quality sweet treats, including its signature Original Glazed® doughnut. Headquartered in Winston-Salem, N.C., the Company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Krispy Kreme Doughnuts is proud of its Fundraising program, which for decades has helped non-profit organizations raise millions of dollars in needed funds. Krispy Kreme doughnuts can be found in approximately 12,000 grocery, convenience and mass merchant stores in the U.S. The Company has more than 1,300 retail shops in 31 countries. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one of its many social media channels, including www.Facebook.com/KrispyKreme, and www.Twitter.com/KrispyKreme.

About Victory Junction

In the wake of the untimely death of NASCAR driver Adam Petty, Victory Junction was founded in his honor in 2004 to realize his dream of creating a camp for children battling disease or disability. Victory Junction believes that every child, no matter their illness or diagnosis, should be able to just be a kid. That’s why it provides medically-safe camp experiences filled with discovery, friendship and lots of laughter. Always at no cost to families.

Contact:

Sarah Roof
336-726-8878
Corporate Communications Coordinator
sroof@krispykreme.com

Source: Krispy Kreme Doughnut Corporation

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Intershop expands its footprint in North America with Dev9 partnership

  • Leading cloud-first software development firm will support Intershop in enterprise and complex B2B technology implementations

San Francisco, CA, 2017-Apr-06 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, announced today a formal partnership with Dev9, a leader in cloud-focused, custom software development. The relationship furthers Intershop’s U.S. partner expansion strategy.

Intershop selected Dev9 for the organization’s unique set of skills and capabilities including Cloud and automation. Furthermore, Dev9 is a fit with Intershop’s quality-first, continuous software delivery methodology. This provides constant business value by making it easy to consume new updates and roll out new features.

“Dev9’s deep experience architecting and developing e-commerce systems for enterprises will expedite development by providing technology delivery with a high level of automation”, Andrej Maihorn, VP Customer Innovations at Intershop, said. “This dramatically improves time to market.”

The companies will work together on large enterprise and complex B2B client projects in North America. Dev9 will help increase Intershop’s footprint in North America as a part of Intershop’s continued partner growth strategy in this region.

Mike Ensor, VP of Delivery at Dev9, says “We thrive on creating software that has the power to revolutionize business. We design for the flexibility, scalability, predictability and rapid deployment that are needed for companies to run smoothly and remain competitive. With the versatility of Intershop’s platform, we can design and implement custom, diverse software solutions tailored to each client without impacting upgrade capabilities.”

About Dev9

Accelerating Cloud Adoption

Dev9 is a custom software development firm focused on Cloud services. With a foundation in Continuous Delivery, our experienced software architects deliver the needed expertise to identify, develop and implement custom Cloud strategies. We offer specialized services for Cloud Adoption, Cloud Infrastructure and Cloud Modernization. Our certified developers operate on Amazon Web Services, Google Cloud Platform and Microsoft Azure to ensure the best results for every project.

Contact Dev9 to get started on your Cloud implementation strategy, and streamline your IT investment: info@dev9.com, (425) 296-2800.

About Intershop

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

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

Contact:

Intershop Public Relations
HEIDE RAUSCH
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
mailto: pr@intershop.de

Source: Intershop Communications AG

ShopRite launches new rotisserie-style, cage-free, no-antibiotics chicken

Supermarket Partners With Perdue To Bring First “No Antibiotics Ever” Rotisserie Chicken To Its Stores 

Keasbey, NJ, 2017-Apr-06 — /EPR Retail News/ — ShopRite has announced the launch of a new rotisserie-style, cage-free chicken raised without the use of antibiotics, ever. The chicken is part of ShopRite’s growing commitment to offering customers delicious, convenient and “better for you” meal solutions that meet their needs and fit their busy lifestyles.

Developed in partnership with Perdue Farms and marketed under the “ShopRite Kitchen” by PERDUE® label, the chicken is the first offering of its kind available at all ShopRite stores.

“We’re proud to be bringing this unique product to market,” says Geoffrey Wexler, Vice President, Food Service Division at ShopRite, who reports that the National Chicken Council estimates that 900 million rotisserie chickens are sold each year in the United States.

“We know our customers are looking for products that they can feel good about serving their families and we believe this chicken, raised entirely without antibiotics on an all-vegetarian diet, is in line with the changing health and wellness needs of our shoppers. Rotisserie chicken is a great, protein-packed, grab-and-go product that grows in popularity each year.”

The chicken is the latest in a new range of products recently debuted by ShopRite that address changing customer needs and buying preferences. In December, ShopRite introduced its new Wholesome Pantry line, a private label line featuring hundreds of food products that are free from artificial preservatives, colors and additives.

“Perdue has long been a valued partner of ShopRite, and we look forward to working together and continuing to provide delicious new options for our customers,” says Wexler. “We’re confident our shoppers will find this new rotisserie chicken a terrific way to create balanced meals their entire family will enjoy.”

For additional information visit ShopRite.com.

About ShopRite
ShopRite is the registered trademark of Wakefern Food Corp., a retailer-owned cooperative based in Keasbey, NJ, and the largest supermarket cooperative in the United States. With more than 270 ShopRite supermarkets located throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland, ShopRite serves more than six million customers each week. A long-time supporter of key community efforts, ShopRite is dedicated to fighting hunger in the communities it serves. Through its ShopRite Partners In Caring program, ShopRite has donated more than $43 million to 1,700 worthy charities and food banks since the program began in 1999. For more information, please visit www.ShopRite.com.

Contact:

Karen O’Shea
Phone: 732-906-5932
Communications Specialist

Maureen Gillespie
Phone: 732-906-5295
Manager

Source: ShopRite

Meijer pharmacists share tips for seasonal allergy sufferers

Meijer pharmacists share tips for seasonal allergy sufferers

 

GRAND RAPIDS, Mich., 2017-Apr-06 — /EPR Retail News/ — The return of warmer weather brings blooming flowers, fresh grass, and sunshine, which means itchy eyes, sneezing and wheezing for seasonal allergy sufferers. As respiratory problems for an estimated 50 million people worsen, Meijer pharmacy experts are sharing tips to ease reactions to allergens and help everyone breathe a little easier.

“Whether it’s pollen from flowers and trees or environmental factors like mold and dust affecting allergy sufferers, the important thing is to minimize or treat the symptoms before they begin to escalate,” said Karen Mankowski, Vice President of Pharmacy Operations for the Grand Rapids, Mich.-based retailer. “Too often we wait until the symptoms hit to start thinking about seasonal allergies.”

Mankowski said it’s vital to make sure any allergies are diagnosed by a medical professional to better understand the cause before treating symptoms. Symptoms often include sneezing, wheezing, coughing, nasal congestion, itchy, watery eyes, itchy throat, or a combination. Once diagnosed, there are several options to consider to reduce the effects. Meijer pharmacists share information about these options:

  • Antihistamines: Can be taken by mouth or as a nasal spray, relieving sneezing and itching in the nose and eyes. They also reduce runny nose and, to a lesser extent, nasal stuffiness.
  • Nasal Corticosteroids: These anti-inflammatory medicines can reduce all symptoms when taken regularly, and can help block allergic reactions. They are widely considered to be the most effective medication for allergic rhinitis. Combining an antihistamine with a corticosteroid appears to be more effective than either of the nasal sprays alone.
  • Decongestants: Intended for short-term use, oral and nasal decongestants help decrease swelling of the nasal passages, relieving nasal stuffiness.
  • Leukotriene Receptor Antagonists: Leukotriene Receptor Antagonists, such as the prescription drug montelukast (Singulair®), block the action of leukotrienes – the chemical messengers involved in allergic reactions – when taken daily.
  • Cromolyn Sodium: Cromolyn sodium is a nasal spray that blocks the release of chemicals that cause allergy symptoms. The drug causes few side effects, but must be taken regularly four times a day.
  • Natural remedies include neti pots, saline spray, honey, herbs (spirulina, eyebright and goldenseal), steam showers, spicy foods, tea and eucalyptus oil.

Mankowski said before any over-the-counter antihistamines or allergy relief products are taken, patients need to ensure the allergies aren’t something more severe. Some people also struggle with asthma that’s either hereditary or caused by environmental factors. Even a cold can be mistaken for allergies as they have similar symptoms and duration.

Since respiratory problems are initially caused by pollen and dust in the air, one preventive measure is dusting, vacuuming and circulating clean air as much as possible. Other tips to consider include removing carpeting, not sleeping with pets and performing a deep wash of clothes, living surfaces and toys to remove dust mites that have remained stagnant all winter long.

“Being educated about allergies is the best way to manage through the season,” Mankowski said. “If you feel your allergies flaring up, see your Meijer pharmacist today about how you can beat them before the symptoms get out of hand.”

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 www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact:

Joe Hirschmugl
616-791-3943
Joseph.Hirschmugl@meijer.com

Source: Meijer

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Sequential Brands Group and DRINKS announce the launch of Martha Stewart Wine Co.

Sequential Brands Group and DRINKS announce the launch of Martha Stewart Wine Co.

 

NEW YORK, 2017-Apr-06 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) and DRINKS announced today (April 05, 2017 ) the launch of Martha Stewart Wine Co., an online wine shop featuring a carefully curated collection of wines, plus monthly wine club options and special occasion gift memberships, available only at MarthaStewartWine.com.

Beginning today, wine lovers can turn to Martha Stewart Wine Co. for a collection of wines tasted and selected by Martha from the world’s great wine regions, plus a special collection of “Martha’s Favorites” that she reaches for first when entertaining family and friends. An expert panel, which includes Chris Hoel, the former sommelier of The French Laundry, and Martha Stewart Wine Co.’s in-house winemaker, consulted with vintners from around the world to develop the collection, with selections from top wine-producing regions such as Bordeaux, Tuscany, and coastal California. The result is a diverse selection of wines that have all passed Martha’s personal test for quality, delicious flavor, and the ability to pair well with food.

“I am excited to bring my passion for wine to wine lovers across the nation with Martha Stewart Wine Co.,” said Martha Stewart. “Wine has played an important role in that part of my life focused on entertaining and teaching others how to entertain. With the launch of this fabulous online wine shop, I am confident that we can teach consumers how to pour the right wine, and enjoy the right wine, at every occasion.”

“Martha brings a trusted and authoritative point of view, and we are thrilled to work closely with her to offer everyone the opportunity to enjoy the wine that Martha serves to her family and friends,” said Zac Brandenberg, Chief Executive Officer of DRINKS. “Martha Stewart Wine Co.’s direct-to-consumer model offers wine lovers, and those new to wine, the chance to get award-winning wines conveniently delivered to their home or office.”

“We are thrilled to announce today’s expansion of the Martha Stewart brand, as it adds an entirely new product category to the business, while also furthering our e-commerce strategy,” added Karen Murray, CEO of Sequential Brands Group. “With the successful growth we have seen of the Martha Stewart brand in direct commerce channels overall, we believe this new launch of Martha Stewart Wine Co. will become a significant business for us over time.”

Martha Stewart Wine Co. offers a wide range of varietals and price points, from affordable everyday wines to premium, special occasion bottles. When a customer shops at Martha Stewart Wine Co., their selections will be carefully packaged and delivered to their door in about three business days. Shipping is included with orders of 12 or more bottles.

Monthly wine clubs and year-long gift subscriptions are also available through Martha Stewart Wine Co., offering curated wine packs for weddings, anniversaries, birthdays, and more. Ongoing deliveries can be tailored to the customer’s liking and each shipment contains a congratulatory letter from Martha to the recipient, creating a special moment upon opening.

Additionally, MarthaStewartWine.com is a content-rich destination, offering in-depth wine storytelling and articles; video tasting notes and food pairings with “Martha’s Favorites” wines; education and etiquette; recipes and pairings; entertaining ideas and tips; bottle reviews and more.

Martha Stewart Wine Co. delivers wine to legal adults 21 years of age and older. Home and office delivery is available within the United States, only at MarthaStewartWine.com. Pricing and availability of wines subject to change, and wine selections may vary by state.

For more information and the full collection from Martha Stewart Wines Co. visit: www.MarthaStewartWine.com.

ABOUT MARTHA STEWART
Martha Stewart is an Emmy Award-winning television show host, entrepreneur, bestselling author of 88 books, and America’s most trusted lifestyle expert and teacher. Millions of people rely on Martha Stewart as a source of useful “how-to” information for all aspects of everyday living – cooking, entertaining, gardening, home renovating, collecting, organizing, crafting, holidays, healthy living and pets. The Martha Stewart brand reaches approximately 100 million consumers across all media and merchandising platforms each month. Her branded products can be found in over 70 million households and have a growing retail presence in thousands of locations.

ABOUT DRINKS
DRINKS (www.drinks.com) operates the leading consumer marketplace for high quality and affordable premium wine available for delivery around the United States. Leveraging big data and patent-pending technology, DRINKS maximizes consumer demand by generating customized store shelves and wine packs to match prospective customers with the right wines. DRINKS was founded in 2013 in Los Angeles, CA by a team of digital marketing, technology, and beverage alcohol experts.

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

Both photos are available via AP PhotoExpress, and the photo, “Martha Stewart launches Martha Stewart Wine Co.,” is also available at Newscom, www.newscom.com.

MEDIA CONTACTS:
Mary Blanton Ogushwitz
Magrino
212-259-0534
mary.blanton@smapr.com

Morgan Boston
Magrino
212-822-8163
morgan.boston@smapr.com

Jaime Cassavechia
Sequential Brands Group, Inc.
212-518-4771 x108
jcassavechia@sbg-ny.com

Katie Gerber
Drinks Holdings, Inc.
310-441-8400
pr@drinks.com

Source: Sequential Brands Group, Inc./globenewswire

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Lagardere Travel Retail brings Aelia Duty Free in the Pacific region at Cairns Airport

Lagardere Travel Retail brings Aelia Duty Free in the Pacific region at Cairns Airport

 

Tasmania, Australia, 2017-Apr-06 — /EPR Retail News/ — The travel retailer has successfully opened the doors to Aelia Duty Free in the Pacific region at Cairns Airport.

Opening in both Arrivals and Departures and covering over 1000 square metres of retail space, passengers travelling through Cairns Airport ‘s T1 International Terminal will have the chance to discover the Aelia Duty Free concept, offering global and local brands, in a highly engaging shopping environment.

Having been recently awarded 10 year concessions to operate both Duty Free and Speciality stores at Cairns Airport, the group is reinforcing its strategic plan of operating three business units in one location – Duty Free & Fashion, Travel Essentials and Food Service – and strengthening its ongoing and successful relationship with the landlord.

CEO Matthieu Mercier said the opening has set a new benchmark in the Pacific. “We are delighted to be extending our duty free presence to this part of the Pacific region. Cairns Airport has been a valued partner of ours for 25 years, and we are very pleased to expand on our enduring partnership. We will continue to work together to deliver outstanding customer service and develop our stores so every international passenger through Cairns Airport receives a world class experience.”

“The level of detail in the preparation, organisation and coordination of this project has allowed an incredibly smooth transition for Aelia Duty Free to open and we are very excited to unveil Aelia Duty Free at Cairns Airport. We believe it can exceed the expectations of both the terminal and passengers”.

Cairns Airport General Manager Commercial, Fiona Ward, said she is excited to welcome long term retail partner, Lagardère Travel Retail, as the operator of the airport’s new Aelia Duty Free offer.

“The Lagardère team were simply exceptional in their well-executed overnight transformation of the Duty Free stores to their Aelia brand. They brought in an army of over 100 people including CEO Matthieu Mercier, to move and unpack several thousand items of stock.”

“I am confident Aelia Duty Free will introduce a high quality and broad ranging product offer that meets the demand for exceptional value and accessible indulgence presented by Cairns Airport’s unique customer mix.”

“Our 10 year duty free agreement builds strongly on the existing relationship between our two companies, with Lagardère already operating 16 specialty stores and food and beverage outlets at Cairns Airport.”

Committed to delivering unique experiences and world firsts, Aelia Duty Free in Cairns offers an extensive selection of the best liquor brands, both global and local, including Bundaberg Rum, Hennessy, Bombay Sapphire, Martel and Hibiki to cater to the diverse passenger profile through Cairns Airport.

Chanel, Dior, Estee Lauder and Jurlique make up part of an extensive range of luxury perfume and cosmetic brands, along with Tissot & Longines watches, well known tech brands Apple and Bose, Opals & Pearls, a selection of souvenirs from the local region, confectionery, Wellness and premium gifts are all on offer.

Aelia Duty Free in Cairns has joined our digital world, with a dedicated website for a first class on-line Aelia Duty Free shopping experience:

https://cairns.aeliadutyfree.com.au

A stage 2 store evolution is planned towards end of 2017.

ABOUT LAGARDERE TRAVEL RETAIL:

With 4 billion euros 100% managed sales in 2015 and a presence in 31 countries, 220 airports and 700 train stations in EMEA, North America and ASPAC, Lagardère Travel Retail is a pioneering and leading travel retail player with global reach. Operating stores in travel essentials, duty free and luxury and foodservice, Lagardère Travel Retail offers a complete range of products and services to satisfy each and every traveller all along his journey. As a multi- specialist retailer, beyond the expertise within its 3 business lines, Lagardère Travel Retail creates value-added opportunities in each location.

In Asia Pacific, Lagardère Travel Retail operates over 300 outlets in 16 airports, supported by professional local teams in Australia, New Zealand, New Caledonia, Singapore, Malaysia, Hong Kong, China and India.

PRESS CONTACT:

Janette Doolan
Communications Manager
j.doolan@lagardere-traspac.com
www.lagardere-traspac.com

Source: Lagardère Travel Retail

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DICK’S Sporting Goods to host grand opening celebrations of six new stores in Colorado, Missouri, New York and Texas

PITTSBURGH, 2017-Apr-06 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will celebrate the opening of six new DICK’S Sporting Goods Friday, April 21 through Sunday, April 23 in various locations across the country. These openings will bring the retailer’s total, national store count for the chain to 692 locations.

“We look forward to celebrating the grand opening of six new stores in four different states,” said Lauren Hobart, Executive Vice President & Chief Consumer and Digital Officer, DICK’S Sporting Goods. “Having an expanded presence in these cities will allow us to better-serve the athletes and outdoor enthusiasts who live there. We hope these communities join us for the celebrations that we have planned.”

DICK’S has brought more than 375 jobs to these markets through the hiring of full-time, part-time and temporary associates for the store.

The stores will host their grand opening celebrations from Friday, April 21 through Sunday, April 23. Customers will receive the chance to win great prizes throughout the weekend and meet special guests such as New York Safety Landon Collins**, New York Running Back Paul Perkins**, former Houston Wide Receiver Andre Johnson**, former Houston forward Robert Horry**, Denver Defensive Lineman Derek Wolfe** and former Colorado Outfielder Dante Bichette**.

Visit one of the following websites for full details on the Grand Opening celebrations taking place in each local community, including giveaways, promotions, special guests and brand activations – dicks.com/LeesSummit, dicks.com/LongIsland, dicks.com/Pearland, dicks.com/Pueblo and dicks.com/DenverWest.

**WRISTBAND REQUIRED!  Wristbands are distributed on a first-come, first served basis beginning at store open on the day of event only. Limited Quantity. Limit one wristband per person.  Must be present to receive wristband.  Must have a wristband and must be in the Special Appearance line prior to the start of the appearance to receive an autograph.  Times and appearances are subject to change without notice. See store for details.

About DICK’S Sporting Goods, Inc.

Founded in 1948, DICK’S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of January 28, 2017, the Company operated more than 675 DICK’S Sporting Goods locations, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated associates, in-store services and unique specialty shop-in-shops.  Headquartered in Pittsburgh, PA, DICK’S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as DICK’S Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile apps for communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. For more information, visit the Press Room or Investor Relations pages at dicks.com.

Contact:

DICK’S Sporting Goods
press@dcsg.com
724-273-5552

Source: DICK’S Sporting Goods, Inc.

Co-op food stores in Luton now accepting donations in support of Luton Foodbank

MANCHESTER, England, 2017-Apr-06 — /EPR Retail News/ — Co-op food stores in Luton have launched a bid to serve-up trolley-loads of support for Luton Foodbank as the charity experiences record levels of demand and referrals.

Nine of the community retailer’s food stores in the area are supporting the appeal and taking donations for the Foodbank which is need of: tinned rice pudding; custard; tinned vegetables, fruit and soup; sugar; jam; cereal and toiletries.

The Co-op is also kick-starting the appeal with a £200 basket of groceries.

Salma Khan, Project Co-ordinator at Luton Foodbank, said: “We are delighted with the support from the Co-op. We are facing ever increasing levels of demand, in fact, almost every month last year saw an increase compared to the previous year. Working with a community retailer like the Co-op helps to build awareness and extend our reach – giving more people an opportunity to consider making donations. It is only with the help of the community that we’re able to continue our work. We would love for there not to be a need for the foodbank, but whilst there are people facing crisis in and around Luton, we will continue to offer emergency support.”

Gemma Edmonds, Area Manager for the Co-op, said: “As a community retailer we are pleased to support the foodbank and its work to make a difference to the lives of people locally who are in difficulty. We now have nine stores in the area supporting the foodbank, and we would like to say thank you to our members and customers whose generous donations will make a huge difference to people in need in our community.”

Donations can be made at Co-op food stores in: Biscot Road; Manor Road, Caddington; 259 Birdsfoot Lane; Marsh Road, Leagrave; Dominics Square, Lewsey Farm; Hitchin Road, Stopsley; Market Square, Whipperley and, Wigmore Lane.

Media Contact:

Andrew Torr
Co-op Press Office
Mobile: 07702 505 551
Email: andrew.torr@coop.co.uk

Source: Co-op

PetSmart launches Easter Collection

  • Easter Bunny Photo Event in All Stores April 8; Collection Includes Bunny Costumes,
  • Tees, Accessories, Treats and Toys Perfect for Pet Easter Baskets

PHOENIX, 2017-Apr-06 — /EPR Retail News/ — PetSmart wants all pets to be ready for the season so it’s launching an Easter Collection chock-full of festive apparel, accessories, toys and treats to celebrate the spring holiday.  With bunny costumes, bunny-eared accessories and festive collars, PetSmart has lots of styling options for photo ops with the Easter Bunny, who will be visiting all PetSmart stores across North America, Saturday, April 8, 12-4 p.m. (local time; please check your local store for availability).

“We are thrilled to offer a visit with the Easter Bunny this coming Saturday in all our stores,” said Eran Cohen, chief customer experience officer, PetSmart.  “This photo op will be fun for all — families, kids and pets a like.  We’ll be offering all the items and services needed to get pets photo-ready and to enrich the season with more special moments with our pets.”

Festive apparel and accessories for the Easter season include the “I Love Everybunny” tee, an all-white hippity hoppity bunny dog hoodie, bunny ear headband, as well as brightly color collars.

Include your pet in the Easter basket tradition by filling theirs with fun treats like vanilla-flavored duck cookie dog treats, apple-cinnamon-flavored egg cookie treats, a “Happy Spring” dog bone treat and carrot-shaped cookie. Easter-themed toys include Peeps® squeaker toys in a range of options from plush to vinyl renditions, as well as flatties and plush toys featuring bunnies, chicks, pigs and other springtime critters.

In addition to the free Easter Bunny photo op, the national in-store Easter Bunny Event will include give-aways such as Easter-themed finger puppets, as well as a craft activity and scavenger hunt experience for kids*.

Special Offers Help Pet Parents get Spring- and Easter-Ready!

For a single day only, April 8, U.S.-based PetSmart stores are offering special discounts to help pet parents get pets ready with grooming, as well as product offers to fill their Easter baskets with pet treats and toys.  Special one-day-only discount offers are available on the nail grind service, apparel purchases, all dog and cat treats, as well as pet toys.**

New Philanthropic Program

Last month, in celebration of PetSmart’s 30th anniversary, the pet retailer launched the unprecedented Buy a Bag, Give a Meal program***, where it will give a meal to a pet in need for any and every bag of dog or cat food purchased March 1 – Dec. 31, 2017, in its more than 1,500 stores and online at PetSmart.com and PetSmart.ca, including through its automatic subscription-based service available at PetSmart.com. PetSmart said it expects to donate more than 60 million meals**** under this philanthropic program.

About PetSmart®
PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. At PetSmart, we love pets, and we believe pets make us better people. Every day with every connection, PetSmart’s passionate associates help bring pet parents closer to their pets so they, together, can live more fulfilled lives. This vision impacts everything we do for our customers, the way we support our associates and how we give back to our communities. We employ approximately 55,000 associates, operate more than 1,500 pet stores in the United States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart®  PetsHotel® dog and cat boarding facilities. PetSmart provides a broad range of competitively priced pet food and products, as well as pet-focused services such as dog training, pet grooming, pet boarding, PetSmart® Doggie Day Camp® and pet adoption.  PetSmart, together with non-profits PetSmart Charities® and PetSmart Charities™ of Canada, invite more than 3,000 animal welfare organizations to bring adoptable pets into stores so they have the best chance possible of finding a forever home.  Through this in-store adoption program and other signature events, PetSmart has facilitated more than 7.3 million adoptions – more than any other brick-and-mortar organization. The company’s portfolio of digital resources for pet parents includes PetSmart.com, PetFoodDirect.com, OnlyNaturalPet.com, Pet360.com, petMD.com, Pawculture.com,  AllPaws, an online pet adoption platform that helps potential pet parents find the perfect pet to adopt based on their home, family and lifestyle, as well as BlogPaws, the world’s first pet blogger and influencer network. Through these digital platforms, PetSmart offers the most comprehensive online pet supplies and pet care information in the U.S.  In celebration of its 30th anniversary, PetSmart launched its Buy a Bag, Give a Meal™ program in March 2017.  For every bag of cat or dog food purchased March 1 – Dec. 31, 2017, PetSmart will donate a meal to pets in need and expects to donate more than 60 million meals in 2017.

Follow PetSmart on Twitter: @PetSmart
Find PetSmart on Facebook: www.facebook.com/PetSmart
See PetSmart on YouTube: www.YouTube.com/PetSmart

*April 8th give-aways and craft and scavenger hunt experiences available while supplies last.  See local stores for details.

**Offers valid in U.S. stores only with PetPerks® membership on 4/8/17 while supplies last and subject to availability. Free merchandise must be equal to or lesser value than purchased merchandise for Buy One Get One Free offer. Selection of grooming services may vary by store and pet age, health & vaccination requirements may apply. See store for additional details.

*** For every bag of dog or cat dry food purchased at a PetSmart store, PetSmart.com or PetSmart.ca between 3/1/17 – 12/31/17, PetSmart will donate a meal (5 oz dog food; 1.5 oz cat food) to PetSmart Charities to help feed a pet in need. Visit www.PetSmart.com/giveameal for more information.

****Actual donation based on dog and cat food bag sales.  Meal donation goal based on historic sales for similar time period. No guaranteed amount.

Contacts:
Danielle Bickelmann
Golin for PetSmart
972-341-2503
dbickelmann@golin.com

PetSmart Media Line:
623-587-2177

Source: PetSmart Inc.

The Florida Retail Federation: Easter spending expected to record levels this year

Consumers expected to spend more than ever before this year, averaging $152 per person; Food, clothing, candy, flowers and decorations lead the way in popularity

TALLAHASSEE, FL, 2017-Apr-06 — /EPR Retail News/ — The Florida Retail Federation (FRF), the state’s premier trade association celebrating its 80th year in supporting Florida’s retail industry, says Floridians will increase their Easter spending to record levels this year, with the per person average expected to top $152, up four percent from 2016. The total expected to be spent nationally is $18.4 billion, up six percent from last year’s record of $17.3 billion and the highest in survey history.

“With Easter falling almost an entire month later than last year, that means warmer weather and more people in the mood to spend money to celebrate,” said FRF President/CEO R. Scott Shalley. “This is great news for Sunshine State retailers, and with more consumers spending more money, we expect stores to be busy in the days leading up to Easter.”

According to the survey, which was conducted by FRF’s national partners at the National Retail Federation, consumers will spend $5.8 billion on food (purchased by 87 percent of shoppers), $3.3 billion on clothing (50 percent), $2.9 billion on gifts (61 percent), $2.6 billion on candy (89 percent), $1.2 billion on flowers (39 percent), $1.1 billion on decorations (43 percent) and $788 million on greeting cards (48 percent).

The 50 percent of consumers planning to buy clothing is up from 45 percent last year and is the highest level in a decade while the $3.3 billion expected to be spent is up 9 percent from last year.

With shopping lists in hand, 58 percent of consumers will head to discount stores, 46 percent will go to department stores and 26 percent will shop at local small businesses. In addition, 27 percent will shop online, up from 21 percent last year. Among smartphone owners, 28 percent will research products on their devices while 18 percent will use their phones to make a purchase, while another 9 percent will use apps to do their research or purchase products.

Consumers plan to celebrate Easter in several different ways: 61 percent will visit family and friends, 57 percent will cook a holiday meal, 52 percent will go to church and 17 percent will go to a restaurant. Children will have plenty to look forward to after the Easter Bunny arrives: 35 percent of consumers will have an Easter egg hunt and 16 percent will open gifts. In addition, some consumers will celebrate with more leisurely activities: 43 percent will watch TV, 10 percent will shop online and 9 percent will head to the movies or shop in a store.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers — the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity. For more information, visit the FRF website, and follow FRF on Facebook and Twitter.

CONTACT:

James Miller
james@frf.org
(850)701-3015

Source: FLORIDA RETAIL FEDERATION

NORGESGRUPPEN UTE MED BÆREKRAFTSRAPPORT 2016

NORGESGRUPPEN UTE MED BÆREKRAFTSRAPPORT 2016

 

Vi skal bidra til en bærekraftig utvikling, det er også god butikk, sier Runar Hollevik, konsernsjef i NorgesGruppen.

Norway, 2017-Apr-06 — /EPR Retail News/ — På NorgesGruppens bærekraftseminar 4. april presenterte Runar Hollevik den ferske bærekraftsrapporten 2016.

Her kan du lese NorgesGruppens bærekraftsrapport 2016.

Bærekraftrapporten inneholder resultater og mål innen helse, miljø, mangfold og lokal verdiskaping.

– Dette er områder hvor våre tiltak kan gi stor effekt for samfunnet, og samtidig by på forretningsmuligheter og god lønnsomhet for konsernet. Innsatsområdene har imidlertid liten verdi uten et sterkt fundament – en ansvarlig verdikjede, sa Runar Hollevik på seminaret.

Å jobbe ansvarlig med verdikjeden handler om å vite at man er en del av en lang, global og kompleks verdikjede. NorgesGruppen arbeider metodisk og måltrettet i hvert ledd for å sikre at produktene vi selger, lever opp til krav for mattrygghet, kvalitet, miljø og etikk.

Contact: (+47) 24 11 31 00

Source: NorgesGruppen

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Rakuten and Telefarm connect consumers with producers of pesticide-free, pesticide-reduced produce

Ensuring stable revenue for producers while also supporting the
development and independence of new farmers

Tokyo, 2017-Apr-06 — /EPR Retail News/ — Rakuten, Inc. and Telefarm Co., Ltd. today ( April 5, 2017) announced the launch of “Ragri,” an internet-based Community Supported Agriculture (CSA) service that connects consumers with producers of pesticide-free, pesticide-reduced and other agricultural produce.

CSA is a new framework for agriculture in which producers plant crops based on pre-paid orders placed by consumers for specific produce, thereby facilitating planned production and revenue stabilization. In general, agriculture is greatly affected by the timing and quantities of harvests, price trends and external factors such as the weather. With CSA, the sale and purchase agreements are concluded once consumers’ consent regarding such risks has been obtained.

Ragri is based on the Telefarm Remote Farming service that was operated by Telefarm, in which Rakuten announced it had invested in June 2016. The two companies have collaborated to significantly overhaul the Ragri website and service.

Much of the agricultural produce provided through Ragri places particular emphasis on being pesticide-free or pesticide-reduced, or otherwise organic or specially cultivated produce. Users select the produce and producer from which they want to order, and await the harvest while remotely managing the cultivation of the produce from seed or seedling in virtual fields online. Users are able to check up on how the cultivation of the actual produce is progressing through photographs and comments sent by the producers. Once the produce has reached harvest, it is delivered directly from the farms to the locations designated by the users.

Users will be able to use Ragri via Ragri’s PC and smartphone websites by logging in with their Rakuten membership IDs, and will therefore also be able to use their Rakuten membership IDs to pay their Ragri fees via the Rakuten Pay payment service, meaning it will also be possible to earn and use Rakuten Super Points. Furthermore, in cases where typhoons or other natural disasters make it impossible to carry out the harvest, or in cases where the minimum crop yield set for each crop is not reached, users will be granted Rakuten Super Points with a value equivalent to the cultivation fees paid*1. Rakuten and Telefarm are also exploring enhancements to Ragri’s services in the future such as adding a feature enabling users to communicate with producers, and introducing plans for combining a large number of different vegetable items in small quantities.

In addition to providing a platform connecting consumers and producers, Ragri will also support new farmers. Telefarm has already begun recruiting and training new farmers in Ehime Prefecture, and plans to roll out the program nationwide in the future. Alongside promoting CSA through Ragri, Rakuten and Telefarm are also proactively promoting new agriculture and contributing to resolving challenges such as labor shortages and the growing amount of deserted arable land.

*1 Excludes the seed / seedling fee

About the Ragri service

Name: Ragri
Service launch: April 5, 2017
Fee schedule:
– The first payment comprises of a seed / seedling fee (first time only) and a cultivation fee, which are paid at the time of the agreement
– From the first payment onward, the cultivation fee is paid every 30 days in accordance with the agreement period (*The usage fees and number of payments will differ depending on the type of crop, cultivation period and producer)
– Produce delivery is included in the cultivation fee
Payment method: Rakuten Pay (a payment service that utilizes the Rakuten Member ID and supports a wide variety of credit cards)

Source: Rakuten Inc.

Rakuten and Japan Post expand partnership in e-commerce logistics to reduce the redelivery of parcels

Tokyo, 2017-Apr-06 — /EPR Retail News/ — Rakuten, Inc. and Japan Post Co., Ltd. will strengthen their collaboration in e-commerce logistics to reduce the redelivery of parcels by examining various measures to increase the efficiency of deliveries and pick-ups.

1. Background
The e-commerce market continues to grow at an accelerated pace with the continued evolution of the internet and the diversification of consumer needs as e-commerce has become one of the primary means of consumption in daily life.

Rakuten and Japan Post have already collaborated on picking up products purchased on Rakuten Ichiba with “HAKO POST” lockers for receiving Yu-Pack parcels and convenience stores and “Rakuten Box” delivery lockers. Both companies have continued trials and studies for further efficiency in e-commerce logistics and delivery.

However, the ratio of redeliveries to homes remains high and reducing this is a pressing issue in e-commerce logistics. Rakuten and Japan Post are working together on the following to address this issue.

2. Policies under consideration
Rakuten and Japan Post are studying the provision of and policies for a last mile delivery service that allows users of e-commerce services to have products delivered once with certainty, without worrying about missing a delivery.

Specifically, both companies are considering:
(1) Expanding parcel pick up locations (convenience stores, post offices, HAKO POST, and Rakuten Box)
(2) Implementing designated pick-up locations
(3) Expanding notification services
(4) Awarding Rakuten Super Points when parcels are picked up the first time

To promote these measures, Rakuten and Japan Post are working together to offer special delivery fees for purchases made with Rakuten Ichiba merchants.

Rakuten and Japan Post are striving to develop more convenient and robust e-commerce and improve the efficiency of e-commerce logistics.

Source: Rakuten, Inc.

2017 Roslyn S. Jaffe Awards nomination enrollment now open

MAHWAH, N.J., 2017-Apr-06 — /EPR Retail News/ — ascena Foundation is proud to announce that the 2017 Roslyn S. Jaffe Awards nomination enrollment is officially open. ascena Foundation, a charitable organization established by ascena retail group, inc., is built on making a meaningful difference in the lives of others.

The Roslyn S. Jaffe Awards Program, now in its fourth year, aims to empower and provide financial support to organizations who are making a meaningful difference in the lives of women and/or children in communities across the United States, specifically in the areas of health, education, social reform and esteem.

“When we started dressbarn decades ago, our goal was to reach working women, which wasn’t really being done at the time,” says Roslyn S. Jaffe, co-founder of dressbarn and Director Emeritus of ascena retail group, inc. She continues, “Once the company began to grow, we recognized the importance of supporting women and children who didn’t otherwise have the means themselves. Through the Awards Program, we learn about so many wonderful people who run organizations that can benefit from our grants and the exposure we provide. I look forward to our fourth year where we will once again be honored to meet and support everyday heroes.”

A trailblazing female entrepreneur, Mrs. Jaffe began her career in 1962. As a working mother, she recognized the need for a convenient one-stop-shop that offered value-based and fashion-forward wardrobe solutions for busy women like herself. It was then that Mrs. Jaffe opened the first dressbarn store in Stamford, CT, eventually growing it into ascena retail group, inc., a $7 billion family of brands, including Ann Taylor, LOFT, Lou & Grey, maurices, dressbarn, Lane Bryant, Catherines and Justice. The Roslyn S. Jaffe Awards honor Mrs. Jaffe’s entrepreneurial spirit and commitment to giving back, while also encouraging female entrepreneurs to give back to their local communities.

Mrs. Roslyn Jaffe along with her daughter, Elise Jaffe, and an esteemed selection committee with expertise in women’s causes, public affairs, health and education will select the three winning organizations based on five criteria: their impact on women and/or children in the U.S., service of lower-to-middle class beneficiaries, use of innovative approaches, scalability, and overall need and use for funding. In addition to receiving financial grants that can be used to further impact the winners’ causes, these grassroots organizations will benefit from increased exposure, funding opportunities and often the potential for expanded programming, collaborations and partnerships with other peer organizations.

“As the award comes into its fourth year, it’s truly amazing to look back and see how many lives have been touched,” says Elise Jaffe, Senior Vice President of Real Estate for dressbarn. She continues, “We are so proud to continue to honor individuals who, like my mother, are able to make lemonade out of lemons – people who are making extraordinary efforts to change the world.”

Last year’s winners of the Roslyn S. Jaffe Awards are all exemplary organizations, each positively impacting women and/or children in low income circumstances, both in their local communities and nationwide. The 2016 winning organizations were:

  • GirlTrek ($100,000 Grand Prize Grant Recipient)
    GirlTrek, led by founders Vanessa Garrison and Morgan Dixon, is a national nonprofit that mobilizes African-American women to live their healthiest, most fulfilled lives through the habit of daily walking.
  • The Mosaic Project ($25,000 Grant Recipient)
    The Mosaic Project, led by executive director Lara Mendel, aims to create a peaceful future by uniting children of diverse backgrounds, providing them with essential community-building skills and empowering them to become peacemakers in their communities.
  • Keshet Dance ($25,000 Grant Recipient)
    Keshet Dance’s mission is to inspire and unite communities by fostering unlimited possibilities through dance, mentorship and a creative space for the arts. Keshet Dance is led by founder and artistic director Shira Greenberg.

“As an organization that helps improve the health of tens of thousands of black women and their families, this Award has helped bring critical resources and attention to GirlTrek’s mission to inspire black women and girls across the country to walk every day,” says co-founder Vanessa Garrison, “We are so proud to have been the 2016 Grand Prize Recipient.”

A luncheon to honor the winners will take place on October 26th at Cipriani 42nd Street in New York City. Acclaimed journalist and philanthropist, Soledad O’Brien, will emcee the event.

“This will mark my fourth year being a part of this unbelievable program,” says Soledad O’Brien. “I am always amazed to learn about the wonderful causes and organizations that are further empowering and helping women and children across the country. This year is even more relevant for women everywhere and I can’t wait to learn about the new nominees for 2017.”

Leading up to the luncheon, ascena Foundation will host the second annual Alumni Summit that will convene all previous grant recipients, further encouraging collaborations and partnerships among philanthropic organizations.

All nominations must be submitted by May 31, 2017. Nomination forms will be available instore at most Ann Taylor, LOFT, Lou & Grey, maurices, dressbarn, Lane Bryant, Catherines and Justice locations or online at www.jaffeawards.com. For additional information about the Roslyn S. Jaffe Awards, please visit www.jaffeawards.com.

About Roslyn S. Jaffe

Roslyn S. Jaffe co-founded the first dressbarn store in 1962; currently she is Director Emeritus of ascena retail group, inc. She is a graduate of Simmons College, and was awarded an honorary Doctorate degree in management from Simmons College in 2011.

In 1962, Roslyn S. Jaffe was a working mother who, with her husband Elliott, saw a need and had a brilliant business idea – a one-stop-shop that offered the convenience of a value-based, yet fashion forward “work” wardrobe solution for busy women. Roslyn and Elliot seized the opportunity and opened a small store named dressbarn in Stamford, CT and helped transform it into what is now ascena retail group, inc., a $7 billion family of brands including Ann Taylor, LOFT, Lou & Grey, maurices, dressbarn, Lane Bryant, Catherines and Justice.  A true trailblazer and entrepreneur, Mrs. Jaffe credits her success to strength, determination and a can-do attitude. But, most of all, she credits the company’s success to a strong team of family, friends and associates.

Understanding the needs of her co-workers, many of whom were also “working moms,” Roslyn Jaffe encouraged a close-knit community where associates could rely on each other. In addition, Mrs. Jaffe supported like-minded organizations in the community and was an early advocate for Dress for Success®, an organization that promotes the economic independence of disadvantaged women by providing professional attire, a network of support and the career development tools to help women thrive in work and in life. This “take care of your own” camaraderie is what inspired the company years later to establish the ascena Foundation, the philanthropic organization.

About ascena Foundation

ascena Foundation, established by ascena retail group, inc., is passionate about making a meaningful difference in the lives of others. ascena Foundation supports ascena’s family of purpose-driven brands that focus their charitable giving for the benefit of women and children, and the causes most important to them.

About ascena retail group, inc.

ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering apparel, shoes and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant and Catherines), and for tween girls under the Kids Fashion segment (Justice).  ascena retail group, inc. operates ecommerce websites and approximately 4,900 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, cacique.com, Catherines.com and shopjustice.com.

PR Contacts:
Kucerak & Co.
Lauren Kucerak/Kelly Cormier
Lauren@kucerakandco.com / Kelly@kucerakandco.com
212.510.8590

SOURCE: ascena retail group, inc.

Diebold Nixdorf introduces new innovative banking concept to advance the future of connected commerce

Diebold Nixdorf introduces new innovative banking concept to advance the future of connected commerce

 

NORTH CANTON, Ohio, 2017-Apr-06 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD) is introducing a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday consumer banking transactions.

Driven by a design philosophy that places the user experience at the core, the Essence Concept features:

  • Clean design: A seamless profile, antimicrobial glass touchscreen display and enhanced user interface combine to deliver the future of consumer transactions.
  • Increased security: In addition to the encrypted touchscreen PIN entry and NFC authentication option, the magnetic stripe card reader found on traditional ATMs has been replaced with an EMV chip card reader to authenticate the consumer and eliminate the risk of card skimming.
  • Endless possibilities:  An array of customizable colors and designs and electronic receipt capabilities provides consumers a glimpse into the future with this modern concept.
  • Miniaturized footprint: By eliminating the traditional magnetic stripe card reader, receipt printer and PIN pad, the concept meets the needs of busy, technology-minded consumers and the compact, through-the-wall design fits in busy environments without compromising valuable space.

“Our latest concept delivers the future of consumer transactions by reimagining what the self-service channel looks like,” said Richard Harris, Diebold Nixdorf vice president, design and new technology incubation. “Diebold Nixdorf is uniquely positioned to connect physical and digital channels and guide financial institutions and retailers into the future of connected commerce.”

About Diebold Nixdorf

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

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

Media Relations:
Renee Murphy
+1-330-490-5825
renee.murphy@dieboldnixdorf.com,

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

SOURCE: Diebold Nixdorf

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New research shows speed and agility are top priorities for every retailer competing in fast fashion

New research shows speed and agility are top priorities for every retailer competing in fast fashion

 

Retailers need to get in shape to meet consumer demand for a fast fashion fix

WORLD RETAIL CONGRESS, DUBAI, 2017-Apr-06 — /EPR Retail News/ — With one in eight younger consumers (18 to 24 year olds) shopping every week and buying a fashion item at least once a fortnight, retailers are gearing themselves up to meet growing demand for fast, on-trend, fashion-led styles, according to new research from Kurt Salmon, part of Accenture Strategy. Speed and agility are the top priorities for every retailer competing in fast fashion.

“Young consumers have a ‘see now, buy now, wear now’ mentality when it comes to fashion, which has been driven by big fashion houses making the latest designs and styles available to buy straight from the catwalk. This is challenging retailers to improve their operational agility to meet rising demand for current trends,” said Dan Murphy, managing director, Kurt Salmon, part of Accenture Strategy. “This insatiable appetite for fast fashion will inevitably continue as these shoppers age. There is no reason to believe that younger consumers, who have grown up wedded to devices and social media, will expect anything less than instant gratification in years to come, and continue to possess the same sense of style and image.”

‘See now’
With many younger consumers constantly searching for style inspiration on everything from social media to the high street, retailers are under increasing pressure to turn around new lines in record time. Many have been working hard to reduce their lead times to meet this growing demand for fast fashion. One leading fashion retailer is now delivering new lines in two to three weeks; yet speed is only part of the success equation.“Retailers need to accurately analyze what is selling in real-time and be in a position where they can react quickly,” explained Murphy. “According to one major fashion retailer, there is now only a 24 to 36-hour window from browsing to buying. Retailers that actively engage with their customers, analyze shopping and social media habits, and pre-empt future trends, will be the winners in the fast fashion market.”

‘Buy now’
Speed of delivery of online orders is also highly important to consumers. Accenture research highlights that one in five of 18 to 20 year olds want same day delivery, and a further 13 percent want delivery in less than half a day. Twenty-one to 37 year olds are slightly more relaxed with almost a third happy for their orders to arrive the next day.

‘Wear now’
The study found that shoppers buy for the present, with 53 percent of all consumers surveyed wearing items within a week of purchase, and 15 percent wearing items the very same day. For younger consumers (18 to 24 year olds), the numbers increase; 60 percent wear items within a week of purchase, and one in five wear items on the same day of purchase.

While the majority of younger shoppers claim that ethical sustainability is a key factor informing their purchasing decisions, their behaviour suggests otherwise; less than half (48 percent) of 18 to 24 year olds recycle their clothes. Additionally, half (50 percent) of retailers surveyed say they are actively exploring new ways to extend the product lifecycle, using recycled materials, or facilitating clothes swapping and sharing.

Please find further information about the report here. Join the conversation at @AccentureStrat.

About the research
Kurt Salmon, part of Accenture Strategy, conducted interviews with 23 Chief Executive Officers (CEOs) and senior executives at leading global fashion retailers to explore the ‘see now, buy now, wear now’ trend and the readiness of retailers to deliver. A survey of 2,000 UK consumers aged between 18 to 55+ was also conducted to understand current appetite for fast fashion.

About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 401,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy.

Contacts:

Lucy Davies
Accenture
+ 44 777 3044 808
lucy.d.davies@accenture.com

Source: Accenture

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Australian retail, service and restaurant merchants can now benefit from NCR Silver family of point-of-sale (POS) solutions

Australian retail, service and restaurant merchants can now benefit from NCR Silver family of point-of-sale (POS) solutions

 

Sydney, 2017-Apr-06 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, has launched the NCR Silver family of point-of-sale (POS) solutions to Australian retail, service and restaurant merchants.

NCR Silver is an integrated payment, marketing and management solution that can transform a tablet into a complete POS system, capable of sales reporting, employee management, inventory management and more.

Designed for small business merchants, NCR Silver is ideal for those who need a mobile solution to complete transactions as well as manage business remotely.

One of NCR Silver’s first customers is Sydney-based Arepas Australia, which currently operates two markets. The popular Venezuelan restaurant chose the NCR Silver Pro Restaurant app for its intuitiveness and quick access to sales reporting.

“I find it very user-friendly and easy to use,” said Arepas Australia owner Ybrahim Camero. “With NCR Silver, I can see trends, I can do email marketing, I can see what my top seller is. It’s a super comprehensive system that gives me everything I need.”

NCR Silver launched in the United States four years ago to address the needs of small businesses, which often favour cloud-based technology.

“We’ve developed NCR Silver specifically for the small business market in mind,” said Adam McArdle, Regional Director, APAC, NCR. “We understand the challenges small businesses face, what’s going to make an impact on their bottom line and the value they place on customers, so we’re confident that this new offering will help them manage and grow their business.”

The new NCR Silver suite of software solutions includes:

·        NCR Silver core app – offers mobile payments, intuitive sales reporting, integrated loyalty and more, and is suitable for small to medium-sized businesses

·        NCR Silver Pro Restaurant app – designed for food-service merchants who want to serve customers faster, optimise staffing, manage table locations, provide promotional pricing and more

NCR Silver operates on iOS and closed Android devices.

NCR Silver offers 24/7 customer support and the unique Silver Concierge service, which provides initial remote setup and remote monthly menu maintenance.

“NCR’s focus is on developing technology that gives small businesses the freedom and flexibility they need to make life easier,” said Chris Poelma, president and general manager of NCR Silver. “NCR Silver has a low cost of entry and quick, professional implementation support so customers can get up and running faster with minimal disruption.”

Pricing and availability

NCR Silver core and NCR Silver Pro Restaurant are available for download from the Apple App Store and work on compatible iPhone, iPad and iPod touch devices running iOS 7.1. They also work on Silver Register, a closed all-in-one Android platform.

Subscriptions start from $109 plus GST[i] for a single location running the app on one device. Additional add-on services will be available soon for an extra charge.

Sales enquiries: visit www.ncrsilver.com.au

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 nearly 700 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 site: www.ncrsilver.com.au
Twitter: @NCRCorporation@NCRSilver
Facebook: www.facebook.com/ncrcorpwww.facebook.com/NCRSilver/
LinkedIn: www.linkedin.com/company/ncr-corporationwww.linkedin.com/company/ncr-silver
YouTube: www.youtube.com/user/ncrcorporationwww.youtube.com/user/NCRSilverPOS

Apple, Apple Pay, iPhone, iPad and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries.
iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license.

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

Belinda Truong
Hill+Knowlton Strategies for NCR
+61 401 384 693
Belinda.truong@hkstrategies.com

Source: NCR Corporation

###

SPAR Oman teamed up with Kellogg’s for Oman Youth Open Scrabble Tournament

Oman, 2017-Apr-06 — /EPR Retail News/ — SPAR Oman and renowned A-brand supplier Kellogg’s teamed up recently to organise the Oman Youth Open Scrabble Tournament.

The Championships were truly exciting and a special highlight of the event was a workshop hosted by Karen Richards. Karen is a professional Australian Scrabble player who has participated in numerous Scrabble World Championships. She now devotes her time to travelling the world, coaching young people in the art of playing Scrabble. Her presence and her willingness to hold a workshop was an incredible boon for the Scrabble community in Oman.

During this event, the best youth players in Oman competed against each other, with the aim of claiming numerous age group prizes and the title of Oman Youth Open Scrabble Champion. This event was a unique chance to experience what tournament Scrabble feels like while at the same time developing one’s language skills.

There were different prizes for the age groups for Under 10, Under 13 and Under 18 – ensuring many delighted winners! For adult Scrabble lovers, a tournament was running simultaneously. Participants of both events received prizes, trophies and certificates of participation. The entire competition was a great experience for young and adult Scrabble players in Oman to play competitively.

SPAR Oman has built a reputation in the market for initiatives which have an educational element such as the Scrabble Tournament following on from the successful ‘Bake with Mom’, ‘Healthy Lunchboxes’ and similar activities since launching in 2015.

Contact:

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

Source: Spar International

Hudson’s Bay Company announces 2.5% retail sales increase to $4.6 billion in 4Q Fiscal 2016

  • Fourth Quarter retail sales increased 2.5% to $4.6 billion
  • Fourth Quarter comparable digital sales increased 13.3% on a constant currency basis, up 20.9% at HBC’s department store banners
  • Fourth Quarter Adjusted EBITDAR of $564 million and Adjusted EBITDA of $404 million
  • Full year Adjusted EBITDAR and Adjusted EBITDA consistent with recent guidance
  • Fourth Quarter net loss of $152 million, which includes a one-time non-cash goodwill impairment charge of $116 million; Prior year quarter included $333 million in net gains related to the sale of investments in joint ventures, which contributed to net earnings of $370 million in that period
  • $75 million in annualized savings expected from initiative announced as part of the Company’s ongoing comprehensive operational review

TORONTO & NEW YORK & COLOGNE, Germany, 2017-Apr-06 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or the “Company”) (TSX: HBC) today (April 4, 2017) announced its fourth quarter financial results for the thirteen and fifty-two week periods ended January 28, 2017. Unless otherwise indicated, all amounts are expressed in Canadian dollars. Certain metrics, including those expressed on an adjusted, normalized, comparable and/or constant currency basis, are non-IFRS financial measures (for more information please refer to the “Supplemental Information” section of this press release and the reconciliation tables further below).

“In 2016 we took important steps to position all of our businesses for industry leadership. Our team remains focused on our all-channel model, anticipating our customers’ evolving needs and adapting to our customers’ expectations both in store and online. We executed on the organic growth of our existing store base and substantially increased our investment in digital. I am very proud of the hard work and dedication of all of our associates, who continue to focus on what matters most: our customers. We believe our winning model of combining world class real estate assets, which are less impacted by short-term trends, with our diverse retail businesses will continue to provide value for the Company and our shareholders.” stated Richard Baker, HBC’s Governor and Executive Chairman.

Jerry Storch, HBC’s Chief Executive Officer, added, “The past year was a disruptive one for the retail industry. While the department store sector remains challenging, we are taking decisive action and making the tough decisions to ensure continued performance should the current environment persist. We are cutting expenses, rationalizing and reallocating our capital spending, strengthening our balance sheet, and taking other necessary actions. Rest assured, as we remain focused on the continued growth of our Company, we are aggressively positioning HBC to adapt to the changing retail environment.”

Key actions:

  • Cutting expenses: Recently announced efficiency measures are expected to save $75 million on an annualized basis, and management continues to work diligently to reduce overhead further and generate additional savings while continuing to focus on our customers. HBC is currently engaged in a cross-banner review of productivity enhancements designed to make improvements in the Company’s operating model and to optimizing in-store operations, and expects to provide additional details on the progress of these initiatives in due course.
  • Rationalizing and reallocating capital spend: Net capital investments in Fiscal 2017 are expected to be between $450 million and $550 million, approximately $150 million less than Fiscal 2016. The Company’s capital investments in Fiscal 2017 will focus on in-progress and expected high-return projects, including growth in Europe and ongoing renovation programs across the world.
  • Strengthening the balance sheet: HBC took advantage of favourable lending conditions during the year to refinance its mortgage on the Lord & Taylor flagship and reduce the interest rate on its term loan. The Company ended the year with approximately the same amount of total debt on its balance sheet as at the beginning of Fiscal 2016.
  • Other actions: As part of the ongoing review of the businesses, the Company took the necessary step of writing down the goodwill associated with HBC’s Off Price business, though management still believes that both Saks OFF 5TH and Gilt have strong strategies in place with potential to generate long term profitable growth. In addition to focusing on a more elevated merchandise mix at Saks OFF 5TH, the Company expects to combine the inventory at Saks OFF 5TH and Gilt by the end of the year, allowing Saks OFF 5TH merchandise to be sold online through Gilt. At Hudson’s Bay and Lord & Taylor, the Company is growing key product categories such as active, dress and home. Initiatives in Europe include new brand additions and merchandising improvements at GALERIA Kaufhof, as well as the introduction of Saks OFF 5TH and Hudson’s Bay. Finally, Saks Fifth Avenue is expected to benefit from ongoing growth of digital and the introduction of buy online pickup in store later in the fall.

Fourth Quarter Summary

All comparative figures below are for the thirteen week period ended January 28, 2017 compared to the thirteen week period ended January 30, 2016. DSG refers, collectively, to the Lord & Taylor, Hudson’s Bay and Home Outfitters banners. HBC Europe refers, collectively, to the GALERIA Kaufhof, Galeria INNO and Sportarenabanners. HBC Off Price refers, collectively, to the Saks Fifth Avenue OFF 5TH (“Saks OFF 5TH”) and Gilt banners.

HBC has now anniversaried the acquisition of HBC Europe, as well as the formation of the real estate joint ventures. Accordingly, reported results for the fourth quarter are largely comparable to the previous year, excluding the impact of the Gilt acquisition which closed on February 1, 2016, the beginning of Fiscal 2016.

Retail sales were $4,600 million, an increase of $114 million, or 2.5%, from the prior year. The increase was primarily driven by the addition of Gilt, which generated $177 million in sales during the quarter, as well as the addition of five Saks Fifth Avenue and 32 Saks OFF 5TH stores, which contributed a total of $123 million in sales during the quarter. These additions were partially offset by the combination of a negative $110 million foreign exchange impact on the translation of U.S. dollar and Euro denominated sales and lower comparable sales of approximately $42 million at the Company as a whole.

On a constant currency basis, comparable sales grew by 0.6% at DSG and 0.1% at Saks Fifth Avenue, offset by declines of 2.0% at HBC Europe and 5.9% at HBC Off Price, resulting in an overall consolidated comparable sales decline of 1.2%. Comparable sales during the quarter were impacted by a highly promotional environment across HBC’s markets. Additionally, sales at Gilt continue to be impacted by lower traffic, while Saks OFF 5TH has experienced lower sales driven in part by the decision to introduce more moderately priced apparel during Fiscal 2016. Saks OFF 5TH is in the process of re-merchandising its product mix to have a higher concentration of products at the top end of its offering range, which is expected to drive increased traffic and conversion as well as a higher overall basket size. This updated product mix is expected to be fully implemented by the third quarter of Fiscal 2017.

Digital sales increased by 52.8% from the prior year, and comparable digital sales on a constant currency basis increased by 13.3%. Excluding Gilt, comparable digital sales on a constant currency basis increased by 20.9%, reflecting the Company’s continued strategic focus on growing this channel.

For HBC overall, gross profit1 as a percentage of retail sales was 40.2%, which improved by 50 basis points compared to the prior year. After adjusting for the $69 million impact associated with the amortization of inventory related purchase accounting adjustments in the prior year, gross profit as a percentage of retail sales declined by 110 basis points. Reduced gross profit rates were the result of lower gross margins realized in the majority of HBC banners, largely driven by the highly promotional environment experienced during the quarter.

SG&A expenses were $1,669 million compared to $1,499 million in the prior year. The increase is primarily attributable to non-cash impairment charges of $150 million and the addition of Gilt, which added $77 million in SG&A during the quarter, as well as a reduction in the Company’s ownership in its real estate joint ventures, which resulted in a $10 million increase in net rent expense. Moreover, the shift to digital sales from traditional in-store sales during the quarter further contributed to higher SG&A expenses as a result of higher fulfillment costs. Profit margins on digital sales are expected to improve over time, as the Company continues to invest in its digital supply chain, reduces expenses related to its digital operations and introduces store centric all-channel delivery options.

These SG&A expense increases were partially offset by a decrease in non-recurring charges of $52 million, a $43 million favourable foreign exchange impact related to the translation of U.S. dollar and Euro denominated SG&A expenses.

Fourth quarter results include a non-cash goodwill impairment charge of $116 million related to HBC Off Price. This charge was driven by recent sales weakness at Gilt and Saks OFF 5TH as described above, which resulted in management prudently lowering its future earnings expectations as compared to initial internal estimates.

Notwithstanding this charge, management continues to believe that both Saks OFF 5TH and Gilt have strong strategies in place with the potential to generate long term profitable growth for the Company. The acquisition of Gilt continues to provide HBC with best in class digital capabilities and a strong online presence with the millennial audience. The Company expects to combine the inventory at Saks OFF 5TH and Gilt by the end of the year, allowing Saks OFF 5TH merchandise to be sold online through Gilt. To improve the customer experience at HBC Off Price, the Company is working on a number of other initiatives, including: expanded brand partnerships; refocusing on higher end core offerings; and, the ongoing roll out of technology enhancements related to enhanced website navigation, personalization and delivery options.

Adjusted SG&A1 expenses were $1,442 million or 31.3% of retail sales, compared to $1,372 million or 30.6% in the prior year. The increase in SG&A expenses is primarily attributable to the addition of Gilt, the reduction in the Company’s ownership in its real estate joint ventures, and the shift of in-store sales to online sales as described above. Partially offsetting this increase was a favourable foreign exchange impact of $38 million related to the translation of U.S. dollar and Euro-denominated SG&A expenses. These factors, combined with the impacts associated with lower than expected comparable sales, resulted in an increased SG&A expense rate.

Adjusted EBITDAR1 was $564 million, a decrease of 9.9% compared to $626 million in the prior year. The decline in Adjusted EBITDAR1 can be primarily attributed to an increase in Adjusted SG&A1 expenses as discussed above, combined with relatively flat gross profit dollars after excluding the impacts of purchase price accounting adjustments in the prior year.

Adjusted EBITDA1 was $404 million, a decrease of $51 million compared to $455 million in the prior year. This decline is largely consistent with the decline in Adjusted EBITDAR1, offset by a smaller cash impact from the Company’s joint ventures resulting from the distribution during the quarter of excess funds that had been reserved to pay taxes in Germany. HBS Global Properties expects to begin paying cash taxes in 2018, and will set aside approximately EUR 1.5 million per month beginning in July of 2017 for future amounts owed.

Net loss was $152 million compared to net earnings of $370 million in the prior year. This loss was driven in part by the impairment charges described above which had a combined after tax impact of $136 million. Additionally, prior year earnings included net of tax gains of $333 million on the sale of investments in the joint ventures and $27 million on contribution of assets to the joint ventures. Normalized Net Earnings1 were $2 million compared to $145 million in the prior year. This decrease is primarily a result of higher Adjusted SG&A1, as described above, as well as increased depreciation and amortization expenses.

During the quarter the Company completed its purchase price allocation for Gilt. This included finalization of the amortization methodology related to customer lists. As a result, amortization expense in the quarter reflects a cumulative adjustment of approximately $37 million.

Finance costs were $43 million compared to $60 million in the prior year. This decrease was largely driven by a $32 million reduction in the write-off of deferred financing costs compared to the prior year, during which the Company repaid U.S. $585 million on its term loan. This reduction was partially offset by lower non-cash finance income generated from mark-to-market adjustments associated with the valuation of outstanding common share purchase warrants. Interest paid in cash was $46 million compared to $40 million in the prior year.

Note:
1 These performance metrics have been identified by the Company as Non-IFRS measures. For the relevant definitions, please refer to the “Non-IFRS Measures” section of this release.

Year-to-Date Summary

All comparative figures below are for the fifty-two week period ended January 28, 2017 compared to the fifty-two week period ended January 30, 2016.

Retail sales were $14.5 billion, an increase of 29.5% from the prior year. Approximately $3 billion of this increase is related to the addition of HBC Europe and Gilt during the year. The remainder of the increase has been driven by the opening of five Saks Fifth Avenue and 32 Saks OFF 5TH stores during the year which contributed $320 millionin sales. There was also an additional $26 million positive foreign exchange impact on the translation of U.S. dollar and Euro denominated sales. These positive sales impacts were partially offset by lower overall comparable sales of approximately $164 million.

Consolidated comparable sales at the Company decreased by 0.7%. On a constant currency basis, comparable sales grew 0.4% at DSG, offset by declines of 1.2% at HBC Europe, 2.8% at Saks Fifth Avenue, and 7.4% at HBC Off Price, resulting in an overall consolidated comparable sales decline of 1.7%. Comparable sales during the year were impacted by a highly promotional environment across HBC’s markets. Additionally, sales at Gilt continue to be under pressure, while Saks OFF 5TH has experienced lower sales driven in part by the decision to introduce more moderately priced apparel during Fiscal 2016.

Digital sales increased by 69.6% from the prior year, and comparable digital sales on a constant currency basis increased by 8.1%. Excluding Gilt, comparable digital sales on a constant currency basis increased by 16.6%.

For HBC overall, gross profit1 as a percentage of retail sales was 41.3%, an increase of 80 basis points from the prior year. This increase was primarily related to the addition of HBC Europe, which operates at relatively higher gross margin and SG&A rates. The positive impact associated with HBC Europe was offset by lower realized gross margins at the majority of HBC’s other banners.

SG&A expenses were $5,692 million compared to $4,066 million in the prior year, primarily as a result of the addition of HBC Europe and Gilt, which drove approximately $1.5 billion of this increase. Additionally, non-cash impairment charges increased by $174 million, which includes impairment on goodwill as described above, and net rent expense related to the Company’s joint ventures increased by $127 million. These increases were partially offset by gains on sale of assets of $33 million, a decline in other non-recurring expenses of $19 million, an $11 million favorable exchange rate impact related to the translation of U.S. dollar and Euro denominated SG&A expenses.

Adjusted SG&A1 expenses were $5,275 million or 36.5% of retail sales, compared to 33.9% in the prior year. This rate increase was primarily driven by the addition of HBC Europe and Gilt as discussed above, as well as lower comparable sales at the Company as a whole. The impact of net rent expense to the joint ventures was $164 millionfor the fifty-two week period ended January 28, 2017, compared to $37 million for the fifty-two week period ended January 30, 2016. Adjusting for this impact, Adjusted SG&A1 as a percentage of retail sales is 35.4% for the fifty-two week period ended January 28, 2017 compared to 33.5% for the fifty-two week period ended January 30, 2016.

Adjusted EBITDAR1 was $1,353 million, an increase of 12.8% compared to $1,200 million in the prior year, primarily as a result of the increase in gross profit dollars compared to the prior year offset by an increase in Adjusted SG&A1expenses as discussed above.

Adjusted EBITDA1 was $636 million, compared to $781 million in the prior year. The joint ventures had a $227 million impact on Adjusted EBITDA1 in Fiscal 2016, compared to a $76 million impact in the prior year. This increased joint venture impact, plus the rent expense associated with addition of HBC Europe and Gilt, drove the majority of the decline in Adjusted EBITDA1 relative to Adjusted EBITDAR1.

Net loss was $516 million compared to net earnings of $387 million in the prior year. Prior year earnings include total after tax gains of $565 million related to the joint ventures, compared to $44 million in the current year. Fiscal 2016 earnings also include after tax impairment expenses of $150 million compared to nothing in the prior year. Normalized Net Loss1 was $313 million compared to earnings of $55 million in the prior year, primarily driven by lower Adjusted EBITDA1, the non-cash goodwill impairment charge outlined above, as well as increased depreciation and amortization expense.

Finance costs were $192 million compared to $188 million in the prior year. The majority of this increase is related to higher interest expense related to the Company’s finance leases and pension and employee liabilities acquired as part of the GALERIA Kaufhof transaction, offset by a reduction in the write-off of deferred financing costs. Interest paid in cash was $173 million, a $26 million increase over the prior year.

Note:
1 These performance metrics have been identified by the Company as Non-IFRS measures. For the relevant definitions, please refer to the “Non-IFRS Measures” section of this release.

Inventory

Inventory at the end of the fourth quarter decreased by $28 million compared to the prior year. This decrease was driven by foreign exchange movements and lower overall inventory at Saks Fifth Avenue, despite the opening of new stores. These decreases were partially offset by the acquisition of Gilt and slightly higher inventories at HBC Europe, Saks OFF 5TH and DSG. The increase in inventory at Saks OFF 5TH was driven predominantly by the opening of new stores.

Store Network

During the fourth quarter, the Company opened one Saks Fifth Avenue store in Miami, Florida, as well as one Saks OFF 5TH store in Braintree, Massachusetts. The Company closed two Saks OFF 5TH stores located in Folsom, California and Kansas City, Kansas, one GALERIA Kaufhof store in Karlsruhe, Germany and three Home Outfitters stores located in Calgary, Alberta; Edmonton, Alberta and Langford, British Columbia

Capital Investments

Capital investments, net of landlord incentives, during the fourth quarter totaled $165 million, compared to $116 million in the prior year. During the quarter the Company opened one Saks OFF 5TH store and one Saks Fifth Avenue store, both in the U.S. Additionally, the Company completed the renovation of its Garden City Lord & Taylor store, began work on its Hudson’s Bay store in Quebec City, and signed an agreement to install robotic fulfillment technology in its Pottsville, Pennsylvania distribution centre. In Europe, HBC completed work on Germany’s first Top Shop store within a store concept at the GALERIA Kaufhof in Berlin, and made progress on its renovation program at its Düsseldorf and Frankfurt stores. Work also continued on the major renovation at the Saks Fifth Avenue flagship store on 5th Avenue in New York.

The Company is dedicated to prudent capital management, and given the current retail environment, is focusing its capital investment program on in-progress and expected high-return projects. HBC currently expects total capital investments in Fiscal 2017, net of landlord incentives, to be between $450 million and $550 million. Gross capital investment is expected to be between $1,025 million and $1,125 million. Of this gross amount, approximately $800 million is related to growth initiatives, with the remainder allocated towards maintenance projects. The Company remains focused on creating a best in class all-channel shopping experience, and will continue to invest in growth initiatives. This includes the Company’s expansion of its Hudson’s Bay banner into the Netherlands, the ongoing renovation of its Aachen, Düsseldorf, and Frankfurt stores in Germany, and the installation of automated fulfillment technology at the Pottsville distribution centre. Other areas of focus include store renovations in North America, the continued expansion of Saks OFF 5TH in the U.S., Canada and Germany, as well as the build out of increased all-channel capabilities both online and in-store for Fiscal 2017.

The above capital investment expectations reflect exchange rate assumptions of USD:CAD = 1:1.34 and EUR:CAD = 1:1.43. Any variation in these foreign exchange rate assumptions and/or other material assumptions and factors described in the “Forward-Looking Statements” section of this press release could impact the above outlook.

Conference Call to Discuss Results

Richard Baker, HBC’s Governor and Executive Chairman, Jerry Storch, HBC’s Chief Executive Officer, and Paul Beesley, HBC’s Chief Financial Officer, will discuss the fourth quarter financial results and other matters during a conference call on April 5, 2017 at 8:30 am EST.

The conference call will be accessible by calling the participant operator assisted toll-free dial-in number (800) 535-7056 or international dial-in number (253) 237-1145. A live webcast of the conference call will be accessible on HBC’s website at: http://investor.hbc.com/events.cfm. The audio replay also will be available via this link.

Consolidated Financial Statements and Management’s Discussion and Analysis

The Company’s consolidated financial statements for the year ended January 28, 2017 and Management’s Discussion and Analysis (“MD&A”) thereon are available under the Company’s profile on SEDAR at www.sedar.com.

Consolidated Financial Information

The following tables set out summary consolidated financial information and supplemental information for the periods indicated. The summary financial information set out below for the quarters ended January 28, 2017 and January 30, 2016 has been prepared on a basis consistent with our audited annual consolidated financial statements for Fiscal 2016 and Fiscal 2015, respectively. In the opinion of the Company’s management, such unaudited financial data reflects all adjustments, consisting of normal and recurring adjustments, necessary for a fair presentation of the results for those periods. The results of operations for interim periods are not necessarily indicative of the results to be expected for a full year or any future period. The information presented herein does not contain disclosures required by IFRS and should be read in conjunction with the Company’s audited annual consolidated financial statements for Fiscal 2016.

About Hudson’s Bay Company

Hudson’s Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of growing through acquisitions, driving the performance of high quality stores and their all-channel offerings and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes nine banners, in formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and 66,000 employees around the world.

In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium’s only department store group Galeria INNO, as well as Sportarena.

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

Forward-Looking Statements

Certain statements made in this news release, including, but not limited to, the benefits of the Company’s model of combining world class real estate assets with diverse retail businesses, the anticipated benefits and annualized savings from the Company’s operational review and potential additional productivity enhancements, management’s belief in the potential for HBC Off Price to generate long term capital growth, the benefits and timing for combining inventory at Saks OFF 5TH and Gilt by the end of the year and other integration initiatives, the Company’s anticipated gross capital investments and capital investments, net of landlord incentives, for Fiscal 2017, and the intended use of such capital investments, including expansion into the Netherlands, ongoing store renovations and the installation of automated fulfillment technology at the Pottsville distribution centre, and other statements that are not historical facts, are forward-looking. Often but not always, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “believe”, “estimate”, “plan”, “could”, “should”, “would”, “outlook”, “forecast”, “anticipate”, “foresee”, “continue” or the negative of these terms or variations of them or similar terminology.

Implicit in forward-looking statements in respect of capital investments, including, among others, the Company’s anticipated Fiscal 2017 total capital investments, net of landlord incentives, between $450 million and $550 million, are certain assumptions regarding, among others, the overall retail environment and currency exchange rates for Fiscal 2017. Gross capital investment is expected to be between $1,025 million and $1,125 million, of which approximately $800 million is related to growth initiatives. Specifically, the Company has assumed the following exchange rates for Fiscal 2017: USD:CAD = 1:1.34 and EUR:CAD = 1:1.43. These current assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual capital investments could differ materially from what is currently expected and are subject to a number of risks and uncertainties, including, among others described below, general economic, geo-political, market and business conditions, changes in foreign currency rates from those assumed, the risk of unseasonal weather patterns and the risk that the Company may not achieve overall anticipated financial performance.

Although HBC believes that the forward-looking statements in this news release are based on information and assumptions that are current, reasonable and complete, these statements are by their nature subject to a number of factors that could cause the Company’s actual results, level of activity, performance, achievements, future events or developments to differ materially from management’s expectations and plans as set forth in such forward-looking statements, including, without limitation, the following factors, many of which are beyond HBC’s control and the effects of which can be difficult to predict: ability to execute retailing growth strategies, ability to continue comparable sales growth, changing consumer preferences, marketing and advertising program success, damage to brands, dependence on vendors, ability to realize synergies and growth from strategic acquisitions, ability to make successful acquisitions and investments, successful inventory management, loss or disruption in centralized distribution centres, ability to upgrade and maintain the Company’s information systems to support the organization and protect against cyber-security threats, privacy breach, risks relating to the Company’s size and scale, loss of key personnel, ability to attract and retain qualified employees, deterioration in labour relations, ability to maintain pension plan surplus, funding requirement of Saks’ pension plan, funding requirement of the HBC Europe pension plan, limits on insurance policies, loss of intellectual property rights, insolvency risk of parties which the Company does business with or their unwillingness to perform their obligations, exposure to changes in the real estate market, successful operation of the joint ventures to allow the Company to realize the anticipated benefits, loss of flexibility with respect to properties in the joint ventures, exposure to environmental liabilities, changes in demand for current real estate assets, increased competition, change in spending of consumers including the impact of unfavourable or unstable political conditions and terrorism, international operational risks, fluctuations in the U.S.dollar, Canadian dollar, Euro and other foreign currencies, increase in raw material costs, seasonality of business, extreme weather conditions or natural disasters, ability to manage indebtedness and cash flow, risks related with increasing indebtedness, restrictions of existing credit facilities reducing flexibility, ability to maintain adequate financial processes and controls, ability to maintain dividends, ability of a small number of shareholders to influence the business, uncontrollable sale of the Company’s Common Shares by significant shareholders could affect share price, constating documents discouraging favorable takeover attempts, increase in regulatory liability, increase in product liability or recalls, increase in litigation, developments in the credit card and financial services industries, changes in accounting standards, other risks inherent to the Company’s business and/or factors beyond its control which could have a material adverse effect on the Company.

HBC cautions that the foregoing list of important factors and assumptions is not exhaustive and other factors could also adversely affect its results. For more information on the risks, uncertainties and assumptions that could cause HBC’s actual results to differ from current expectations, please refer to the “Risk Factors” section of HBC’s Annual Information Form dated April 28, 2016, as well as HBC’s other public filings, available at www.sedar.com and at www.hbc.com.

The forward-looking statements contained in this news release describe HBC’s expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable Canadian securities laws, HBC does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Readers are cautioned not to place undue reliance on these forward-looking statements.

INVESTOR RELATIONS:
Kathleen de Guzman
646-802-7070
kathleen.deguzman@hbc.com

Elliot Grundmanis
646-802-2469
elliot.grundmanis@hbc.com

MEDIA CONTACTS:
Andrew Blecher
646-802-4030
Andrew.blecher@hbc.com

Source: Hudson’s Bay Company