Food Marketing Institute honored Alabama Grocers Association president Ellie Taylor with 2017 Donald H. MacManus Award

WASHINGTON, D.C., 2017-May-04 — /EPR Retail News/ — Today (May 3, 2017) Food Marketing Institute (FMI) proudly awarded Ellie Taylor, president of the Alabama Grocers Association, as the 2017 Donald H. MacManus Award recipient for her outstanding leadership and dedication to the grocery industry.

FMI President and CEO Leslie G. Sarasin presented Taylor with the award at FMI’s Day in Washington fly-in event on Capitol Hill.

“Ellie’s passion for the food retail community is evident as she tirelessly dedicates herself to improving her community and the entire industry,” said Sarasin.

Taylor has been a successful champion for the food retail industry for more than twenty years. She was instrumental in creating “Eat At Home Alabama”, a consumer campaign to promote the grocery industry and eating at home. This campaign provided customers with tools on how to save money at grocery stores, how to effectively use coupons, recipes and food safety information. In 2016, she successfully lobbied for H.B. 174 “Alabama’s Uniform Minimum Wage Right-to-Work Act”, which provides the Alabama Legislature with the authority to establish uniform employment policies and regulations under collective bargaining under federal labor laws.

In 2015, she worked with legislature to pass S.B. 260, the Healthy Food Financing Act. This Act establishes the Healthy Food Financing Fund housed under the Alabama Department of Economic and Community Development Affairs and provides loans and grants to grocery stores for the construction, expansion and renovation of grocery stores in lower-income, underserved areas of rural and urban Alabama. In another effort to assist the low-income, she worked with her state to expand the number of days in the month that Supplemental Nutrition Assistant Program (SNAP) recipients could purchase groceries. Because of this, SNAP clients, along with all customers have a better shopping experience. Stores can hire more labor and can provide fresher stocks of perishable items throughout the month.

Taylor has implemented “Buy Alabama Best” that garnered state legislature attention and promotion in their Capitol. The Buy Alabama’s Best campaign will run throughout the year and is designed to inform and educate consumers on what products are made, produced, manufactured and/or headquartered in the state of Alabama. Proceeds from the sales of Alabama products will benefit Children’s Hospital of Alabama.

Ellie Taylor is distinguished among food retail industry executives. She has previously served as the Southern representative on the FMI Government Relations Committee, and has served on the board of directors for the Food Industry Association Executives (FIAE). She is a past award winner of the Grocery Industry “Women Who Make a Difference” award, and is a member of the Food Industry Hall of Fame.

Tagged with:

Leslie Sarasin, day in washington, government relations, MacManus Award, Alabama, public affairs, State Executive

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Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

SOURCE: FMI

Contact:

phone: 202-452-8444
fax: 202-429-4519

Australian Retailers Association opposes SDA’s proposed increase to Saturday casual rates

Melbourne, Australia, 2017-May-04 — /EPR Retail News/ — The Australian Retailers Association (ARA) opposes the SDA’s proposed increase to Saturday casual rates as it would impede on retail growth nationally.

ARA Executive Director, Russell Zimmerman said any increase in Saturday casual rates will eliminate many of the benefits achieved through reducing Sunday penalty rates.

“We sought to reduce Sunday penalty rates to provide more employment opportunities for young workers seeking both additional hours and new employment on weekends,” Mr Zimmerman said.

“Increasing Saturday casual rates will not only increase the unemployment rate across Australia, it will further impede on national retail growth.”

The ARA are concerned that increasing Saturday casual rates will severely disadvantage the employment of casual workers across the retail sector.

“With the Fair Work Commission and Federal Court’s recent decisions on casual employment, redundancy and annual leave entitlements, the cost of engaging casual employees is already substantial, and acts as a disincentive to casual employment,” Mr Zimmerman said.

The ARA believe casual jobs are an important step into gaining long-term employment within the industry and their flexible hours are essential to Australian retailers.

“With the existing change-of-hours rules around part-time employees, there is a continual need for casual employees and their flexible working arrangements,” Mr Zimmerman said.

“The seven days’ notice required to change the rostered hours of part-time employees can be unrealistic for retailers, highlighting the necessity of casual employees.”

The ARA will be opposing this increase in Saturday casual rates on behalf of their members and the Australian retail industry.

“This increase will only bring further challenges and cost implications for Australian retailers who are already facing a difficult operating environment,” Mr Zimmerman said.

“We will continue to support our members in opposing this increase as many Australian retailers are already experiencing significant cost pressures throughout the sector.”

The ARA understand the Fair Work Commission will be releasing some further research on the history of Saturday casual rates, and are expecting some additional documents to be filed later on today.

-ends-

For interview opportunities with ARA Executive Director Russell Zimmerman call: The ARA Media Line T: 0439 612 556, E: media@retail.org.au

About the Australian Retailers Association:

Founded in 1903, the Australian Retailers Association (ARA) is the retail industry’s peak representative body representing Australia’s $310 billion sector, which employs more than 1.2 million people. The ARA works to ensure retail success by informing, protecting, advocating, educating and saving money for its 7,500 independent and national retail members throughout Australia. For more information, visit www.retail.org.au or call 1300 368 041.

SOURCE: Australian Retailers Association

Rugby welcomes its new B&M Bargains Store

Rugby welcomes its new B&M Bargains Store

Warwickshire, England, 2017-May-04 — /EPR Retail News/ — Shoppers in Rugby were delighted to finally step foot inside their new B&M Bargains Store.

Based on Junction One Retail Park, the newly developed store will allow locals to experience the variety retailer’s great selection of branded and own label products.

With everything from toys and homewares to food and drink, there’s plenty of items for visitors to the store to browse.

More than 50 jobs have been created as a result of the new store, which comes as a welcome boost to the local economy.

As part of B&M’s Local Hero campaign, given to a local charity or individual who’ve made an important contribution to their community, store colleagues invited along the Hope4 charity to open the store.

They aim to relieve poverty among the homeless and badly-housed people in Rugby, with hope that their work can help prevent homelessness in the area.

They run the Hope Centre for those who have been referred to the charity, where the users have access to professional help and are provided with hot food and drinks.

In addition to opening the new store, the charity also received £250 worth of B&M vouchers as a thank you for taking part and for all their hard work.

Also attending the store opening was the Mayor of Rugby, Councillor Sally Bragg, who gratefully accepted an invitation to attend.

Paul Harris, store manager at B&M Newbold, said: “The team from Hope4 really stood out for us as they go the extra mile for the homeless and less fortunate people in the community, we wanted to give them some VIP treatment as a thank you for all the hard work they do.

“We hope that our donation can help them to continue the great work they do.”

He also commented: “The new team have been working really hard to get the store ready for opening day and we couldn’t wait to get the doors open and show customers their new B&M Rugby.”

The opening day fun will continue beyond opening day, with a face painter making an appearance in store on Saturday to help turn shoppers into their favourite superheroes, animals and much more!

SOURCE: B&M Retail Limited

Contacts

For national media and press enquiries:
Neil Bennett or Tom Eckersley
bmstores-maitland@maitland.co.uk
+44 (0) 207 379 5151

For local and regional press enquiries:
press@bandmretail.com
+44 (0) 151 728 5400 / 5725

Sunoco LP recorded total revenue of $4.4 billion an increase of 36.7 percent in 1Q 2017 vs. same period last year

– Completed the private placement of $300 million in SUN preferred equity to ETE
– Maintained quarterly distribution of 82.55 cents, an increase of 1.0 percent compared to first quarter 2016
– Executed definitive agreement to divest a majority of company-operated convenience stores to 7-Eleven, Inc. for $3.3 billion; transaction includes 15-year take-or-pay fuel supply agreement with 7-Eleven
– Launched sales process for remaining company-operated convenience stores in North and West Texas, New Mexico and Oklahoma
Conference Call Scheduled for 9:30 a.m. CT (10:30 a.m. ET) on Thursday, May 4 

DALLAS, 2017-May-04 — /EPR Retail News/ — Sunoco LP (NYSE: SUN) (“SUN” or the “Partnership”) today (May 3, 2017) announced financial and operating results for the three-month period ended March 31, 2017.

Revenue totaled $4.4 billion, an increase of 36.7 percent, compared to $3.2 billion in the first quarter of 2016. The increase was the result of the average selling price of fuel being 56 cents per gallon higher than last year, additional wholesale gallons sold and increased merchandise sales.

Total gross profit was $503 million, compared to $511 million in the first quarter of 2016.

The key driver of the decrease was lower wholesale motor fuel profits partly offset by increases in retail motor fuel and merchandise profits.

Income from operations was $48 million, versus $92 million in the first quarter of 2016. General and administrative expenses increased $6 million from the first quarter 2016 to $64 million primarily due to increased salary and benefit costs.  Other operating expenses increased $14 million from the first quarter 2016 to $263 million as a result of stores acquired or opened in the last 12 months.

Net income was $1 million, or ($0.22) per diluted unit, versus $62 million, or $0.47 per diluted unit, in the first quarter of 2016.

Adjusted EBITDA (1) for the quarter totaled $155 million, compared with $159 million in the first quarter of 2016.  The unfavorable year-over-year comparison reflects decreased wholesale motor fuel gross profit contribution and increased total operating expenses.

Distributable cash flow (1), as adjusted, was $77 million, compared to $112 million a year ago. This year over year decrease reflects an increase in cash interest expense.

On a weighted-average basis, fuel margin for all gallons sold decreased to 14.5 cents per gallon, compared to 14.7 cents per gallon in the first quarter of 2016.  The decrease was primarily attributable to lower margins in the wholesale segment.

Net income for the wholesale segment was $42 million compared to $87 million a year ago.  Adjusted EBITDA was $95 million, versus $103 million in the first quarter of last year.  Total wholesale gallons sold were 1,313 million, compared to 1,233 million in the first quarter of 2016, an increase of 6.5 percent as a result of growth in both the Southwest geography and unbranded business and contribution from the Emerge acquisition.  This includes gallons sold to consignment stores and third-party customers, including independent dealers, fuel distributors and commercial customers. The Partnership earned 10.6 cents per gallon on these volumes, compared to 11.4 cents per gallon a year earlier.

Net loss for the retail segment was $41 million compared to a net loss of $25 million a year ago.  Adjusted EBITDA was $60 million, versus $56 million in the first quarter of last year.  Total retail gallons sold decreased by 2.1 percent to 595 million gallons as a result of the decreased demand across SUN’s operating geography, particularly along the East Coast.  The Partnership earned 23.1 cents per gallon on these volumes, compared to 21.3 cents per gallon a year earlier.

Total merchandise sales increased by 3.1 percent from a year ago to $540 million, reflecting the contribution from third party acquisitions and new-to-industry locations opened during the last 12 months. Merchandise sales contributed $170 million of gross profit with a retail merchandise margin of 31.6 percent, a decrease of 0.1 percentage points from the first quarter of 2016.

Same-store merchandise sales decreased by 1.1 percent during the first quarter, reflecting weakness in convenience store and restaurant operations in Texas, partly offset by growth in SUN’s East Coast and Hawaiian operations.  Same-store gallons decreased by 5.7 percent as a result of weakness throughout SUN’s retail geography.  In the Texas oil producing regions, same-store merchandise sales increased by 1.6 percent, and same-store gallons increased 1.1 percent.  Both same store merchandise sales and same store fuel sales were impacted from a leap day in the first quarter of last year by approximately 1.1 percent.

As of March 31, 2017, SUN operated 1,355 convenience stores and retail fuel outlets along the East Coast, in the Southwest and in Hawaii. Third party wholesale customers totaled 7,825.

SUN’s other recent accomplishments include the following:

  • On January 18, SUN announced it retained NRC Realty & Capital Advisors, LLC (“NRC”) to assist with strategic alternatives for approximately 100 real estate assets.
  • On March 30, SUN and Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) announced the completion of a private placement of $300 million in SUN preferred equity to ETE.
  • On April 6, SUN announced the planned divestiture of company-operated convenience stores in the continental United States.
    • SUN entered into a definitive asset purchase agreement for the sale of a majority of its company-operated convenience stores to 7-Eleven, Inc. Total consideration in the transaction is $3.3 billion in cash plus fuel, merchandise and other inventories.
    • As part of the transaction, SUN will enter into a 15-year take-or-pay fuel supply agreement with a 7-Eleven subsidiary under which SUN will supply approximately 2.2 billion gallons of fuel annually.
    • SUN retained JP Morgan Securities, LLC to manage the marketing process for the remaining approximately 200 company-operated convenience stores in North and West Texas, New Mexico and Oklahoma in a separate process.

SUN’s segment results and other supplementary data are provided after the financial tables below.

Distribution

On April 27, 2017 the Board of Directors of SUN’s general partner declared a distribution for the first quarter of 2017 of $0.8255 per unit, which corresponds to $3.3020 per unit on an annualized basis.  This distribution was unchanged from the fourth quarter 2016 and represented a 1.0 percent increase compared with the first quarter of 2016. The distribution will be paid on May 16 to unitholders of record on May 9.

SUN’s distribution coverage ratio for the first quarter was 0.74 times. The distribution coverage ratio on a trailing 12-month basis was 0.88 times.

Liquidity

At March 31, SUN had borrowings against its revolving line of credit of $761 million and other long-term debt of $3.6 billion.  Availability on the revolving credit facility after borrowings and letters of credit commitments was $718 million.  In the first quarter of 2017, SUN issued 1.3 million common units through its at-the-market equity program, generating net proceeds of $33 million.  The leverage ratio of debt to Adjusted EBITDA, calculated in accordance with SUN’s credit agreements, including the revolving credit facility and Term Loan A, was 6.31 times at the end of the first quarter.

    1. Adjusted EBITDA and distributable cash flow are non-GAAP financial measures of performance that have limitations and should not be considered as a substitute for net income. Please refer to the discussion and tables under “Reconciliations of Non-GAAP Measures” later in this news release for a discussion of our use of Adjusted EBITDA and distributable cash flow, and a reconciliation to net income.

Earnings Conference Call

Sunoco LP management will hold a conference call on Thursday, May 4, at 9:30 a.m. CT (10:30 a.m. ET) to discuss first quarter results and recent developments.  To participate, dial 201-389-0877 approximately 10 minutes early and ask for the Sunoco LP conference call. The call will also be accessible live and for later replay via webcast in the Investor Relations section of Sunoco’s website at www.SunocoLP.com under Events and Presentations.

Sunoco LP (NYSE: SUN) is a master limited partnership that operates 1,355 convenience stores and retail fuel sites and distributes motor fuel to 7,825 convenience stores, independent dealers, commercial customers and distributors located in 30 states. Our parent — Energy Transfer Equity, L.P. (NYSE: ETE) — owns SUN’s general partner and incentive distribution rights.

Forward-Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

The information contained in this press release is available on our website at www.SunocoLP.com

Qualified Notice

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100 percent of Sunoco LP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Sunoco LP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

SOURCE: Sunoco LP

Contacts

Investors:
Scott Grischow, Senior Director – Investor Relations and Treasury
(214) 840-5660, scott.grischow@sunoco.com

Patrick Graham, Senior Analyst – Investor Relations and Finance
(214) 840-5678, patrick.graham@sunoco.com

Media:
Alyson Gomez, Director – Communications
(469) 646-1758, alyson.gomez@sunoco.com

Jeff Shields, Communications Manager
(215) 977-6056, jeff.shields@sunoco.com

 

 

Retail Council of Canada to host STORE 2017 Conference on May 30-31 at the Toronto Congress Centre

CANADA, 2017-May-04 — /EPR Retail News/ — With technology, evolving consumerism and political disruption reshaping retail, retailers’ needs for inventive approaches are unsurpassed. These highly topical concerns will be explored by the most respected retail leaders from across North America at Retail Council of Canada’s (RCC) STORE 2017 Conference on May 30 and May 31st at the Toronto Congress Centre.

The much-anticipated details of the full agenda have just been released.  To see full agenda, click here.

STORE 2017 is Canada’s biggest retail event of the year, and is the must-attend conference for the retail industry and their partners.

Packed with more than 80 speakers – representing the “who’s who” of retail in North America – this year’s two-day conference will bring together over 2000 delegates, identify critical trends and shifts in retail and provide retailers and their partners with information, contacts, strategies and tactics for ongoing success.

“What’s more prevalent this year is how the global impact of technology, changing consumer shopping preferences and political disruption is directly affecting retailers in Canada”, said Kyle Tomlin, Vice President Education and Events. “This year’s conference topics and speakers will talk to some of the really tough questions and provide a range of unexpected perspectives that retailers can immediately bring to their teams.”

The conference has been structure to provide retailers with the choice of attending both provocative keynote presentations that cover matters affecting all retailers – including a special interview with Matt Shay, President of the National Retail Federation, the largest retail association in the world – as well as concurrent sessions that focus on store operations, marketing, merchant and supply chain, and digital and mobile.  Content at STORE 2017 is also developed so regardless of a retailer’s size or type, whether large, medium or and independent, mass merchant, apparel or grocery, there is a stream with relevant topics.  For example, the entire afternoon on the second day of the conference dedicated to grocery.

Speakers at STORE 2017 will include:

Duncan Fulton, President, FGL Sports who will talk about preparing for the new world of retail.
Sylvain Prud’homme, President & CEO, Lowe’s Canada, will talk publically for the first time since Lowe’s acquired RONA.
Kamy Scarlett, Senior Vice President, Retail and Chief Human Resources Officer and Thierry Hay-Sabourin Senior Vice President, eCommerce from Best Buy will talk about how they built Best Buy’s “clicks and bricks” strategy by bringing vertical business lines together and the role it plays in driving staff, customers and business strategy forward.
Matt Shay, President, National Retail Federation will discuss global forces, times of change and their influence on retail.
Doug Stephens, Founder of Retail Prophet will explain how the customer journey will need to be re-invented so it is unique, multi-layer, personal and impactful.
Michelle Romanow, CBC’s Dragon’s Den “Dragon” and Co-Founder of Snap by Groupon will talk to three current retail disruptors about their business models, why they work and why disruption will continue in retail for the foreseeable future. Michelle will speak with Nicole Tapscott, General Manager, Casper, Deborah Poole, General Manager, Wayfair Canada, and Ben Zifkin, Founder & CEO, HUBBA.

Record numbers of participants have already registered for STORE 2017, which will be held on May 30 and May 31 at the Toronto Congress Centre.  For full information and to register, visit https://www.storeconference.ca/

About Retail Council of Canada:

Retail is Canada’s largest employer with 2.2 million Canadians working in our industry. The sector annually generates payroll of $60 billion and approximately $350 billion in sales (excluding vehicles and gasoline). As of 2016, Retail Council of Canada (RCC) members represent more than two thirds of retail sales in the country. RCC is a not-for-profit industry-funded association and represents small, medium and large retail business in every community across the country. As the Voice of Retail™ in Canada, we proudly represent more than 45,000 storefronts in all retail formats, including department, grocery, specialty, discount, independent retailers and online merchants. www.RetailCouncil.org

SOURCE: Retail Council of Canada

Contacts:

Call us 1-888-373-8245
Email us info@retailcouncil.org

Retail Council of Canada recognized Diamond Gallery with ERA 2017 Independent Retailer of the Year Award

Winnipeg, Manitoba, 2017-May-04 — /EPR Retail News/ — Retail Council of Canada (RCC) announced today (May 2, 2017) that Diamond Gallery is the winner of the Excellence in Retail Awards (ERA) 2017 Independent Retailer of the Year Award.

RCC’s Independent Retail Ambassador of the Year Award recognizes the outstanding contributions of a local independent retailer to his or her community. The recipient is recognized as a visionary, an innovator, and as an integral part of the community that his or her business serves.

“Diamond Gallery is an exceptional retailer who is as well known for its remarkable craftsmanship of custom heirloom jewellery as it is for its outstanding commitment to its customers and community” said Diane J. Brisebois, President and CEO, Retail Council of Canada. “We are so proud to honour Diamond Gallery with this award as they embody the true spirit of entrepreneurship and community service and are a genuine ambassador of the retail industry.”

Diamond Gallery joins a long line of passionate merchants from across Canada who have received the ERA Independent Retailer of the Year Award, including Rocky Mountain Soap Company, Reckless Bike Stores, Amos Pewter, That Pro Look, Cuckoo’s Nest, and Korry’s Clothiers for Gentlemen.

The Independent Retailer of the Year Award will be presented to Diamond Gallery at Retail Council of Canada’s Excellence in Retailing in Retailing Awards Gala on May 30, 2017 at the Toronto Congress Centre from 5:30pm to 8:30pm ET.  For more information and to purchase tickets: http://www.retailawards.ca/tickets

The Excellence in Retailing Awards Gala will complete the end of the first day of STORE 2017, Canada’s biggest and most important retail conference that will feature over 80 speakers and attract over 2000 retail leaders from across North America.  Media are also invited to attend STORE 2017, May 30-May31, 2017.  For more information and to purchase tickets: https://www.storeconference.ca/tickets

About Diamond Gallery
Established in 1992 by Allan and Anita Malbranck, Winnipeg’s Diamond Gallery is dedicated to a world-class customer experience in crafting heirloom jewellery. They concentrate on hand crafting Canadian custom designs in 95% recycled gold and platinum fused with ethically sourced gemstones. In 2009 they erected what is believed to be North America’s first sustainable geo-thermal professional building to house a jewellery store. The innovative architectural space is well balanced by the family owned down to earth approach and old-fashion customer service. Proud to know most clients on a first name basis, the Malbrancks are humbled by their many client referrals and glowing reviews.  The Diamond Gallery was the first Canadian jewellery store featured as one of America’s Coolest jewellery stores in 2010, and was the inaugural recipient of the Canadian Independent Jeweller of the Year Award in 2013, in addition to other regional awards. www.diamond-gallery.com.

About the Malbranck Family
Co-owners Allan, Anita and Lisa Malbranck enthusiastically support their community by working with local charities and non-for-profit organizations. They support Winnipeg’s strong cultural and arts scene, have sat on local board of directors, and host in-store events such as an annual Mother’s Day infant formula drive. Daughter Lisa, third generation jeweller, is an advocate for supporting local storefronts – “Local shops and boutiques help contribute to the charm of what makes the many Winnipeg neighbourhoods unique” says Lisa Malbranck, who was listed as Manitoba’s 100 most fascinating people in 2015 and named in CBC Manitoba’s 40 under 40 in 2016.

About Retail Council of Canada:
Retail is Canada’s largest employer with 2.2 million Canadians working in our industry. The sector annually generates payroll of $60 billion and approximately $350 billion in sales (excluding vehicles and gasoline). As of 2016, Retail Council of Canada (RCC) members represent more than two thirds of retail sales in the country. RCC is a not-for-profit industry-funded association and represents small, medium and large retail business in every community across the country. As the Voice of Retail™ in Canada, we proudly represent more than 45,000 storefronts in all retail formats, including department, grocery, specialty, discount, independent retailers and online merchants. www.RetailCouncil.org

SOURCE: Retail Council of Canada

Contacts:

Call us 1-888-373-8245
Email us info@retailcouncil.org

 

Auchan Proletarskiy shopping center in Moscow opens

Auchan Proletarskiy shopping center in Moscow opens

 

Croix Cedex, France, 2017-May-04 — /EPR Retail News/ — Auchan Proletarskiy Retail gallery in a south administrative district of Moscow was opened on April, 24th. The location is great, more than 560,000 people living in a catchment area, a super busy metro station Kantemirovskaya situated in a 5-min walking distance from the site. Retail gallery of 3,840 sq m is 95% leased and today more than 25 retailers opened their stores together with Auchan hypermarket at 1pm Moscow time. We are working on O’shopping certification for the site but it is already has our signature O’shopping “look and feel”. Customers are excited, stores and hypermarket are filled with people. Congratulations to all participants of this great project!

Contact:
Philippe Roussel
International leasing director
proussel@immochan.com

Source: Immochan

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Banana Republic introduces five new unisex fragrances as part of The Banana Republic Icon Collection

NEW YORK, 2017-May-04 — /EPR Retail News/ — This May, Banana Republic introduces five unique, new fragrances as part of The Banana Republic Icon Collection–a group of unisex scents that offer an olfactory journey through some of the most iconic moments within the brand’s rich history. Crafted by master perfumers, each fragrance tells a different story of adventure through a distinctly modern lens.

The Banana Republic Icon Collection will be available in individual 75mL bottles ($48.00) and 15mL sprays ($25.00). The scents will also be offered in a Discovery Set, which includes a 5mL five-pack of each fragrance ($38.00). The Banana Republic Icon Collection will be available at all Banana Republic retail locations beginning May 4, 2017.

The Banana Republic Icon Collection includes:

BR78: VINTAGE GREEN – This woodsy scent with leafy undertones captures the fantasy of travel, and celebrates originality and the freedom of expression, voice and vision unique to the cultural landscape of 1978 – the year Banana Republic was founded.

Fragrance notes: Bergamot, Leafy Greens, Mandarin, Magnolia, Jasmine Green Tea, Fig, Cedarwood, Musk, Vetiver

BR83: LEATHER RESERVE – Discover 1983, a time of individualism, boldness and perpetual optimism for the future. Leather Reserve transports the wearer back to classic Banana Republic and a nostalgic place in time. Well-worn leather and Cedarwood notes complement the sweet scents of lemon zest and Tonka bean.

Fragrance notes: Cypress, Lemon Zest, Bergamot, Neroli, Cedarwood, Tonka Bean, Vetiver, Suede, Amber

BR90: PURE WHITE – A clean, natural feel that’s subtly sensual, BR90: Pure White offers musk and lavender notes wrapped in amber scents for a modern interpretation of a pure, classic fragrance

Fragrance notes: Green Tea, Bergamot, Grapefruit, Jasmine, African Violet Leaf, Lavenders White Vetiver, Musk, Amber

BR06: BLACK PLATINUM – Harkening to the return of sleek style and design as seen in 2006, this fragrance offers signature scents of leather and moss with a hint of citrus and florals. BR06: Black Platinum is a celebration of elevated, sophisticated style, urbanism and modernity.

Fragrance notes: Pink Pepper, Lemon, Cactus Pepper, Orange Blossom, Oakmoss, Jasmine, Amber, Patchouli, Leather

BR17: OUD MOSAIC – In 2017, we find ourselves as citizens of the world. With an international spirit and East-meets-West palette, BR17: Oud Mosaic is a harmonious blend of internationally-beloved aromas. This fragrance marries the fruity notes from America and Western Europe with the smoky warmth of Middle Eastern spice markets and the delicate, fresh floral scents of Asia, creating a colorful and innovative sensory experience.

Fragrance notes: White Pepper, Cardamom, Plum, Turkish Rose, Labdanum, Saffron, Oud, Amber, Musk

ABOUT BANANA REPUBLIC (@BananaRepublic)

Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary classics, designed for today with style that endures. Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways. Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials. Founded in San Francisco, Banana Republic is a division of leading global specialty retailer, Gap Inc. (NYSE: GPS). Customers may shop Banana Republic in more than 750 company-operated and franchise retail locations worldwide and online. For more information about Banana Republic, its products and stores, please visit BananaRepublic.com.

Contact: 

650-952-4400

Source: Gap Inc.

NGA launches the “Independents Day of Giving” campaign to help fight hunger and support Feeding America

National Grocers Association partners with Feeding America, Food Distributors to raise funds for local hunger-relief organizations

Arlington, VA, 2017-May-04 — /EPR Retail News/ — Today (May 2, 2017), the National Grocers Association (NGA), along with the NGA Research and Education Foundation, launched the “Independents Day of Giving” campaign to help fight hunger and raise community awareness by supporting Feeding America, the nation’s largest domestic hunger-relief organization with over 200 food banks and 60,000 food pantries nationwide.

The campaign, in partnership with the Retail Owned Food Distributors & Associates (ROFDA) and Making Change, will take place during the month of June, with a focus on June 21, the first day of summer, as a highlighted “Day of Giving,” where shoppers will be encouraged to add a $1, $3, or $5 donation to their grocery bill at independent supermarkets.Over 2,000 independent grocers have committed to participating in the inaugural Independents Day of Giving campaign.

“Too many families are forced to choose between feeding themselves and paying utilities, receiving medical care, or keeping a roof over their head,” said Elizabeth Crocker, vice president and executive director, NGA Research and Education Foundation. “With such strong ties to the communities they serve, independent grocers have the unique opportunity to make sure no one is put in that difficult situation.”

“Together, supermarket operators and the wholesalers that serve them work hard every day to support their communities. ROFDA is pleased to be a part of the Independents Day of Giving to highlight this work, maximize the impact of the independent supermarket industry, and show our nationwide commitment to this cause,” said Francis Cameron, president and CEO, ROFDA.

A recent study by Feeding America found that one in seven people struggles with hunger in the United States. The survey found that nearly 20.9 percent of children face food insecurity, compared to the nation’s overall food insecurity rate of 15.4 percent.

“While food banks are often flooded with donations during the winter months, many are in desperate need throughout summer when kids may lack access to school meal programs,” said Peter J. Larkin, president and CEO, NGA. “By making a small contribution at the register, shoppers can help ensure their local food banks and pantries can better serve their communities,” Larkin commented.

The donations will be collected by Making Change, a registered 501(c)3 nonprofit, and redistributed back into the local communities of each participating independent supermarket.

Each year, Feeding America supplies food to more than 46.5 million people in the U.S., including 12 million children and seven million seniors.

Contact:

Tel: (703) 516-0700
Fax: (703) 516-0115

Source: NGA

Intershop recorded a strong 26% increase in revenues to EUR 9.1 million in the first quarter of 2017

  • Strategy program “Lighthouse 2020” taking effect
  • Total revenues up 26% to EUR 9.1 million (previous year: EUR 7.3 million)
  • Positive EBIT of EUR 0.2 million (previous year: EUR -1.4 million)
  • Strong increase in cash by EUR 2.2 million
  • Intershop technology achieves top ratings by renowned industry analyst Forrester Research

Jena, Germany, 2017-May-04 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), a leading independent provider of innovative solutions for omni-channel commerce, recorded a strong 26% increase in revenues to EUR 9.1 million in the first quarter of 2017. Revenues of EUR 7.3 million had been generated in the weak prior year quarter. The good performance at the beginning of 2017 is attributable to a positive business trend in all of the Group’s revenue areas.

The strategically important product revenues rose by 49% from EUR 2.7 million to EUR 4.1 million, while service revenues increased by 12% to EUR 5.1 million. Product revenues accounted for 45% of total revenues (previous year: 38%).

While the gross margin climbed from 44% to 49% in the reporting period, operating expenses declined by 7% from EUR 4.6 million to EUR 4.3 million. As announced, the financial scope resulting from the savings was used to develop and implement new market-oriented sales and marketing measures to intensify the cloud and industry focus.

At EUR 0.2 million, Intershop generated moderately positive earnings before interest and taxes (EBIT) in the first quarter of 2017 (previous year: EUR -1.4 million), which is equivalent to an EBIT margin of 2% (previous year: -19%). Operating earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 0.8 million, compared to EUR -0.8 million in the first quarter of 2016. The result for the period came in at EUR 0.1 million (previous year: EUR -1.5 million), resulting in earnings per share of EUR 0.00 (previous year: EUR -0.05).

At EUR 2.8 million, operating cash flow was clearly positive in the reporting period (previous year: EUR -0.9 million). Cash and cash equivalents rose from EUR 10.9 million at the end of 2016 to EUR 13.1 million as of 31 March 2017. This means that the company has a good financial basis to push ahead with the implementation of the “Lighthouse 2020” roadmap and to remain flexible in its day-to-day business. The Intershop Group’s equity ratio stayed at a comfortable level of 58% (31 December 2016: 59%).

Says Dr. Jochen Wiechen, CEO of Intershop Communications AG: “During the first three months we have laid a solid foundation to achieve the objectives we have set ourselves for 2017 as the year progresses. Moreover, the results show that the measures implemented in the context of the “Lighthouse 2020” strategy program are successively taking effect. We must now continue these positive developments. We are additionally benefiting from the latest analyses conducted by Forrester Research on the market for e-commerce platforms. We were again able to position ourselves as a leading supplier in both the B2B and the B2C segment. This success will help us very much in targeting new customers. Moreover, the analyst assessments will strengthen the relationships with our customers and increase our partners’ confidence in our solutions, as they objectively document our technological leadership.”

Intershop has confirmed its forecast for the full year 2017 and continues to project moderately higher revenues and balanced earnings before interest and taxes (EBIT).

The interim report on the first three months of 2017 is available for download at http://www.intershop.com/investors-financial-reports.

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

CBRE supports promising new technologies for built environment

Venture Capital Fund to Back New Technologies for the Built Environment

Los Angeles, 2017-May-04 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (May 2, 2017) announced that the company is a founding anchor investor in Fifth Wall Ventures Management, LLC (Fifth Wall Ventures), the first significant venture capital fund entirely focused on backing promising new technologies for the built environment.

The fund closed with $212 million of capital commitments, with CBRE as the only real estate services company invested in the fund. Other Fifth Wall Ventures anchor investors include key industry players such as Equity Residential, Host Hotels, Hines, Lennar, Macerich and Prologis.

“Our active engagement in Fifth Wall Ventures will provide early insight into companies and technologies that have the potential to enhance our ability to deliver great outcomes for our clients,” said Chandra Dhandapani, CBRE’s Chief Digital & Technology Officer. “This is one vehicle, among several, that CBRE will use to identify emerging technologies, connect with top talent, build strategic partnerships and make investments that will create further competitive advantages for our clients and our company.”

“CBRE understands technology, talent and venture investing,” said Brendan Wallace, co-founder of Fifth Wall Ventures. “They moved quickly to engage with another founding investor to lead the negotiations to help establish our venture fund. Their early sponsorship of VTS/Hightower and acquisition of Floored, a top-tier innovator, impressed our team. They are also the largest, most profitable full-service commercial real estate firm in the world. With talent and scale advantage, CBRE is a perfect partner for our fund and for the companies that we invest in.”

Forward-Looking Statements
Certain of the statements in this release regarding our investment in Fifth Wall Ventures Management, LLC (Fifth Wall Ventures) that do not concern purely historical data are forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our management’s expectations and beliefs concerning future events affecting us and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Accordingly, actual performance, results and events may vary materially from those indicated in forward-looking statements, and you should not rely on forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in forward-looking statements, including, but not limited to, our ability to utilize our investment in Fifth Wall Ventures to identify emerging technologies, as well as other risks and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements and other risks and uncertainties to our business in general, please refer to our SEC filings, including our Form 10-K for the fiscal year ended December 31, 2016. Such filings are available publicly and may be obtained from our website at www.cbre.com or upon request from the CBRE Investor Relations Department at investorrelations@cbre.com.

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

MEDIA CONTACT:

Robert McGrath
212.984.8267
robert.mcgrath@cbre.com

SOURCE: CBRE Group, Inc.

SHARE BUYBACK UPDATE: AHOLD DELHAIZE REPURCHASED 696,584 OF AHOLD DELHAIZE COMMON SHARES FROM APRIL 24, 2017 UP TO AND INCLUDING APRIL 28, 2017

Zaandam, the Netherlands, 2017-May-04 — /EPR Retail News/ — Ahold Delhaize has repurchased 696,584 of Ahold Delhaize common shares in the period from April 24, 2017 up to and including April 28, 2017. The shares were repurchased at an average price of €18.90 per share for a total consideration of € 13.2 million. These repurchases were made as part of the €1 billion share buyback program announced on December 7, 2016.

The total number of shares repurchased under this program to date is 17,684,799 common shares for a total consideration of €351.4 million.

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

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

Contact:

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

Source: Ahold Delhaize

Apple posted 2Q FY 2017 revenue of $52.9 billion and quarterly earnings per diluted share of $2.10

Capital Return Program Expanding to $300 Billion

CUPERTINO, California, 2017-May-04 — /EPR Retail News/ — Apple today (MAY 2, 2017) announced financial results for its fiscal 2017 second quarter ended April 1, 2017. The Company posted quarterly revenue of $52.9 billion and quarterly earnings per diluted share of $2.10. These results compare to revenue of $50.6 billion and earnings per diluted share of $1.90 in the year-ago quarter. International sales accounted for 65 percent of the quarter’s revenue.

“We are proud to report a strong March quarter, with revenue growth accelerating from the December quarter and continued robust demand for iPhone 7 Plus,” said Tim Cook, Apple’s CEO. “We’ve seen great customer response to both models of the new iPhone 7 (PRODUCT)RED Special Edition and we’re thrilled with the strong momentum of our Services business, with our highest revenue ever for a 13-week quarter. Looking ahead, we are excited to welcome attendees from around the world to our annual Worldwide Developers Conference next month in San Jose.”

Apple also announced that its Board of Directors has authorized an increase of $50 billion to the Company’s program to return capital to shareholders and is extending the program timeframe by four quarters.  Under the expanded program, Apple plans to spend a cumulative total of $300 billion by the end of March 2019.

“We generated strong operating cash flow of $12.5 billion and returned over $10 billion to our investors in the March quarter,” said Luca Maestri, Apple’s CFO. “Given the strength of our business and our confidence in our future, we are happy to announce another $50 billion increase to our capital return program today.”

As part of the latest update to the program, the Board has increased its share repurchase authorization to $210 billion from the $175 billion level announced a year ago. The Company also expects to continue to net-share-settle vesting restricted stock units.

The Board has approved a 10.5% increase to the Company’s quarterly dividend, and has declared a dividend of $0.63 per share of the Company’s common stock, payable on May 18, 2017 to shareholders of record as of the close of business on May 15, 2017.

From the inception of its capital return program in August 2012 through March 2017, Apple has returned over $211 billion to shareholders, including $151 billion in share repurchases.

The Company plans to continue to access the domestic and international debt markets to assist in funding the program. The management team and the Board will continue to review each element of the capital return program regularly and plan to provide an update on the program on an annual basis.

Apple is providing the following guidance for its fiscal 2017 third quarter:

  • revenue between $43.5 billion and $45.5 billion
  • gross margin between 37.5 percent and 38.5 percent
  • operating expenses between $6.6 billion and $6.7 billion
  • other income/(expense) of $450 million
  • tax rate of 25.5 percent

Apple will provide live streaming of its Q2 2017 financial results conference call beginning at 2:00 p.m. PDT on May 2, 2017 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), tax rate, and plans for return of capital. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2016, its Form 10-Q for the fiscal quarter ended December 31, 2016, and its Form 10-Q for the fiscal quarter ended April 1, 2017 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contact:
Kristin Huguet
khuguet@apple.com
(408) 974-2414

Investor Relations Contacts:
Nancy Paxton
paxton1@apple.com
(408) 974-5420

Joan Hoover
hoover1@apple.com
(408) 974-4570

Source: Apple Inc.

Meijer brings one-stop shopping and home delivery option to McCordsville and Franklin, Ind.

Meijer brings one-stop shopping and home delivery option to McCordsville and Franklin, Ind.

 

Retailer brings one-stop shopping and home delivery option to McCordsville and Franklin

GRAND RAPIDS, Mich, 2017-May-04 — /EPR Retail News/ — Meijer opened new 192,000-square-foot supercenters today (May 2, 2017) in McCordsville and Franklin, Ind., bringing residents a new one-stop shopping option that features low prices on groceries, high-quality merchandise and a full-service pharmacy that makes family health care a priority. The new stores will also offer the Shipt home delivery service, which recently launched across Indianapolis and continues to gain popularity with customers looking for another convenient way to shop.

With 38 stores throughout Indiana, the new locations are built to Leadership in Energy and Environmental Design (LEED) standards and are the latest in a $375 million investment this year that includes the construction of seven new Meijer supercenters and remodel projects for 22 additional stores in Indiana, Illinois, Michigan, Ohio and Kentucky. The Grand Rapids, Mich.-based family-owned retailer is also featuring the option for its new home delivery service for customers of its new stores.

“We opened our first stores in Indiana 23 years ago, so we are very pleased to be able to now offer our McCordsville and Franklin neighbors with the service, quality, selection and low prices that Meijer customers in other Indiana communities have come to expect,” Co-Chairman Hank Meijer said.

The stores also demonstrated their commitment to the community by making donations to local organizations. McCordsville Store Director Tim Snyder presented $25,000 to the Mt. Vernon Community School Corporation to help establish CollegeChoice 529 savings accounts for all Mt. Vernon kindergarten students. The Franklin Store Director Nicole Kidd presented $25,000 to the Johnson County Senior Services and Food Pantry (JCSS), an organization dedicated to enhancing the quality of life for seniors age sixty years and older to live with dignity and maintain their independence.

The grocery options that Meijer offers to shoppers include more than 600 varieties of farm-fresh produce and a full-service meat department that features fresh seafood, Certified Angus Beef and custom cuts of meat. The bakery specializes in custom-decorated cakes and fresh bread baked four times daily.

As part of its ongoing community support, Meijer donates more than 6 percent of its net profit to charitable organizations annually, and each of its stores works with local food pantries and banks to help fight hunger at the local level. Since 2008, the retailer’s Simply Give program has generated more than $28 million for its food pantry partners throughout the Midwest.

In addition to the retailer’s traditional grocery and merchandise, garden center, and 24-hour gas station at each store, the McCordsville and Franklin pharmacies will feature a drive-thru pick up and the company’s free prescription program. The prescription program includes leading oral generic antibiotics with a special focus on prescriptions most often filled for children, prenatal vitamins, and medications for those with diabetes and high cholesterol. Since its inception in 2006, the program has filled more than 39 million free prescriptions, saving Meijer customers more than $536 million.

As part of its grand opening celebration, the new Meijer locations will feature a variety of events beginning Thurs., May 4. The first 200 customers to enter the store after 6 a.m. on May 4 will receive a Meijer mystery gift card with a value of $5, $10 or $20.

“Our teams have exceeded expectations every step of the way as we prepared for these openings,” Meijer President & CEO Rick Keyes said. “Our top priority is to serve customers, and we’re excited to provide our neighbors in McCordsville and Franklin the shopping experience they deserve.”

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

###

Xcel Brands to hold 1Q 2017 financial results conference call on Tuesday, May 9, 2017

NEW YORK, 2017-May-04 — /EPR Retail News/ — Xcel Brands, Inc. (NASDAQ:XELB) (“Xcel” or the “Company”), a brand management and media company, today (May 3, 2017) announced that it will report its first quarter 2017 financial results after market close on Tuesday, May 9, 2017. The Company will hold a conference call with the investment community at 5:00 p.m. Eastern Time that day.

A webcast of the conference call will be available live on the Investor Relations section of Xcel’s website at www.xcelbrands.com. Interested parties unable to access the conference call via the webcast may dial 800-231-9012. A replay of the conference call will be available on the Company website for approximately two weeks following the event and can be accessed at 844-512-2921 using replay pin number 4482351.

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

For further information please contact:
John Mills
ICR
646-277-1254
John.mills@icrinc.com

Source: Xcel Brands, Inc. /globenewswire

A.S. Watson Group supports FIVB Volleyball World Grand Prix – Hong Kong 2017

A.S. Watson Group supports FIVB Volleyball World Grand Prix – Hong Kong 2017

 

Hong Kong, 2017-May-04 — /EPR Retail News/ — FIVB Volleyball World Grand Prix – Hong Kong 2017 presented by A.S. Watson Group is back this year from 21 to 23 July at the Hong Kong Coliseum. The four prominent teams competing in this tournament include Rio 2016 Olympics Gold Medalist Team China and Silver Medalist Team Serbia, the world’s fifth-ranked Team Russia and world’s sixth-ranked Team Japan. This will be the first encounter between China and Serbia since Rio Olympics Finals last year – and will definitely be the highlight of the tournament and an exciting match for volleyball fans to look forward to. The event’s organizer, the Volleyball Association of Hong Kong, China (VBAHK) revealed details of the tournament in a press conference at Olympian City today.Mr Wilfred Ng, SBS, JP, President of The VBAHK remarked in his speech, ‘It is our honour to have four world-class powerhouses here in Hong Kong again to compete in FIVB Volleyball World Grand Prix – Hong Kong 2017 presented by A.S. Watson Group. There are a couple of fierce competitions including Team China and Team Serbia’s first encounter after Rio Olympics Final and the restage of Athens Olympics Final in 2004 between Team China and Team Russia, while the battle between the two Asian teams is always a fan-favourite. I would like to take the opportunity to thank A.S. Watson Group for their years of support, helping FIVB Volleyball World Grand Prix become one of the signature sports events in Hong Kong.’

Event’s organizer VBAHK has set up game booths and two pieces of 3D volleyball photo installation at Olympian City, with the hopes of increasing public interest in volleyball. Rio 2016 Olympics Gold Medalist Ms Yang Fangxu and Atlanta 1996 Olympics Silver Medalist Ms Sun Yue took part in the games and had an enjoyable time.

Ms Jacqueline Cheung, Customer Director, Marketing, Watsons Hong Kong under A.S. Watson Group said, ‘With over 175 years of history, A.S. Watson Group launched Project LOL philanthropy programme that aims to bring “Lots of Laugh, Lots of Love” to those in need last year through three main areas of service – Health, Education and Caring Community, spreading happiness over the world. A.S. Watson Group has been actively contributing to the community, bringing health and energy to our customers. In celebration of the 20th anniversary of the Hong Kong Special Administrative Region, we are honored to uphold this belief by supporting the FIVB World Grand Prix – Hong Kong, which is one of the greatest major sports events in Hong Kong.’

‘We have been inviting underprivileged groups to watch the match, providing an opportunity for communities to enjoy the sports event altogether. Watsons, Fortress and Watsons Water under A.S. Watson Group have been supporting this major sports event in Hong Kong and will feature the event snapshots and launch games on social media for customers and communities to engage in the sports event. Prize winners can enjoy free tickets or premium,’ Ms Cheung added.

To further promote volleyball in Hong Kong and encourage community involvement, Ms Yang Fangxu and Ms Sun Yue attended Olympic Medalist Clinic this morning at Yuen Chau Kok Sports Centre, coaching basic volleyball skills to a group of Primary and Secondary school students from Hong Kong. ‘It is such a meaningful event, and we hope that we can personally inspire more youth to love and participate in this sport, to enhance the overall standard of volleyball in Hong Kong,’ said Yang and Sun after the workshop.

The match schedule of FIVB Volleyball World Grand Prix – Hong Kong 2017 presented by A.S. Watson Group is as below:

Volleyball Fixtures

Contact:
Tel: +852 2606 8833
Fax: +852 2690 2836
Email: grouppr@aswatson.com

Source: A.S. Watson Group

###

DICK’S Sporting Goods converts 36 former Golfsmith properties into Golf Galaxy stores

Grand Opening Celebration Events Tee Off May 6-7

PITTSBURGH, 2017-May-04 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer and owner and operator of Golf Galaxy, today (May 1, 2017) announced 36 new Golf Galaxy stores officially opening this weekend with Grand Opening celebration events.

These new locations were formerly Golfsmith properties acquired by DICK’S and have been converted to Golf Galaxy stores – bringing the specialty golf retailer’s footprint to 98 locations across 33 states.

“We look forward to celebrating the grand opening of 36 new Golf Galaxy stores in 16 different states this weekend,” said Lauren Hobart, Executive Vice President & Chief Digital & Consumer Officer, DICK’S Sporting Goods. “These former Golfsmith locations will be fully restocked with the latest new golf equipment, apparel, shoes and accessories offering state-of-the-art fitting tools and dedicated golf associates. We invite former Golfsmith customers to play on at Golf Galaxy.”

Participating Golf Galaxy locations will host Grand Opening celebrations Saturday, May 6 (8 a.m. – 10 p.m.) through Sunday, May 7 (9 a.m. – 8 p.m.). More than $15,000 in prizes from top brands will be given away at each Grand Opening celebration. Customers will also be able experience other great giveaways and activities including:

  1. THE MILLION DOLLAR PUTT*: Customers may enter for a chance to win an Odyssey putter (1 putter winner per store) as well as an on-course experience at the 2017 DICK’S Sporting Goods Open for a chance to putt for ONE MILLION DOLLARS!
  2. FREE MYSTERY GIFT CARD**: A FREE Mystery Gift Card will be given to the first 50 adults in line prior to each new store open on Saturday and Sunday. Every card’s a winner – one lucky winner at each location will receive a $500 gift card each morning.
  3. GOLF GALAXY TUNE-UP: Bring in your golf bag to receive a complimentary full assessment from the top to the bottom of your bag! Golf Galaxy will donate $20 to The First Tee for every bag evaluated. (Maximum donation of $25,000)
  4. COMPLIMENTARY SWING ANALYSIS: Visit our in-store GOLFTEC Training Center for a complimentary Swing Analysis. Saturday and Sunday 10 a.m. – 3 p.m.(GOLFTEC Training Centers not available in our San Diego, Reading, Pasadena and Overland Park locations. See store for details.)
  5. LIVE HOURLY PRIZE DRAWINGS‡‡‡: Stop by to get your ticket for the chance to win prizes from top brands. Every prize valued OVER $200! Saturday and Sunday 2 p.m. – 5 p.m.

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 across the United States, 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 dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. 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 scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. DICK’S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  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.

DICK’S Sporting Goods to open stores in San Diego, Lake City and Bellingham in May

The retailer will celebrate the opening of these new DICK’S Sporting Goods locations during events that will run in May

PITTSBURGH, 2017-May-04 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening three new stores in May. Grand opening events will be held for stores in the following cities:

San Diego, CA – May 5-7

Lake City, FL – May 12-14

Bellingham, WA – May 12-14

“We’re excited to open stores in San Diego, Lake City and Bellingham,” said Lauren Hobart, Executive Vice President & Chief Consumer & Digital Officer, DICK’S Sporting Goods. “The rich history of sports and outdoor traditions in these markets provide us with a great opportunity to serve the communities in a way only we can. The new stores will carry a wide range of apparel, equipment and accessories, including offerings from exclusive brands such as CALIA by Carrie Underwood, Field & Stream and Walter Hagen.”

With the grand opening of these new stores, DICK’S will have 694 DICK’S locations in the country.

DICK’S will bring approximately 215 total jobs to these three communities through the hiring of full-time, part-time and temporary associates for the new stores.

For each grand opening weekend, customers will receive the chance to win great prizes and meet several special guests such as former Jacksonville running back Fred Taylor** in Lake City, FL and Seattle tight end Luke Willson** in Bellingham, WA.

Visit dicks.com/CarmelMountain, dicks.com/LakeCity and dicks.com/Bellingham for full details on the Grand Opening celebrations, including giveaways, promotions, special guests and brand activations.

*Limit one autograph per person.  Autographs will be provided on a first-come, first-served basis at the store on the day of event only.  Limited Quantity.  Times and appearances are subject to change without notice. See store for details.

**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, 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.

CONTACTS:    
Arielle Claypool
Weber Shandwick
314-552-6737
AClaypool@WeberShandwick.com

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

Source: DICK’S Sporting Goods, Inc.

Co-op becomes the first national retailer to switch all fresh meat which bears its name to British

MANCHESTER, England, 2017-May-04 — /EPR Retail News/ — Meat imports into the UK have doubled over the last 20 years, according to new research by the Co-op. It comes the week that the convenience retailer announced it will become the first national retailer to switch all of the fresh meat which bears its name to British. The Co-op has called on more supermarkets and food service providers to back home-grown goods.**

Since 1996, the quantity of meat coming to the UK from the European Union and other countries has soared from £3bn to £6.2bn. More than £5bn worth of meat is now shipped from European Union member states while Asia and Oceania countries account for £804m worth of imports followed by Latin America at £345m.

Asian and Oceanic imports have seen their exports to the UK almost treble from £304m in 1996. The biggest imports from that region come from Thailand (£423m) and New Zealand (£291m).

Ireland is the biggest beneficiary of EU meat trade with the UK, with £1.45bn of meat arriving in the UK from across the Irish Sea.

From today, Co-op stores will provide only 100% fresh British bacon and lamb – dropping Danish bacon and New Zealand lamb. Almost a tenth of all meat imports into the UK come from Denmark, which exports £550m worth of meat into Britain each year while New Zealand lamb accounts for £291m worth of UK imports.

The Co-op already only sells British beef, chicken, ham, pork, sausages, duck and turkey and only uses British meat in all its own-label chilled ready meals, pies and sandwiches***.

Jo Whitfield, Retail Chief Executive, Co-op, said: “British consumers will be shocked to see how meat imports have grown while at the same time retailers hang out the bunting and claim to back British farmers. Only the Co-op offers 100% British fresh meat all year round and not just in the meat cabinet but also in our sandwiches, our pies and our ready meals.

“We can do this because we’re owned by members not shareholders and can invest long-term in what matters to communities, not what provides the fastest shareholder return. I call on other retailers and food providers to do more to help our farmers, particularly as they head towards uncertain times.”

Zoe Davies, Chief Executive, National Pig Association, said: “Around half of the pork consumed in the UK is imported. Fluctuating currency markets and imports which are cheaper because of lower welfare standards can significantly impact the cost of home produced pork, making it harder for farmers to make a living.

“We call on more retailers and food providers to back British and either source more UK pork or follow the Co-op’s lead and go 100% British.”

Meat imports by UK firms are up from £5.87bn in 2015 to £6.21bn in 2016. They have risen by a third since 2006, when they totalled £4.7bn.

Co-op launches a £10m campaign this week focusing on the benefits of sourcing from British local farmers. Full-page prints ads will appear in national newspapers while a TV campaign airs later.

Media Contact:

Andrew Torr
Co-op Press Office
M: 07702 505 551
E: andrew.torr@co-op.co.uk

Source: Coop

Harris Teeter’s March 2017 donation card campaign raised more than $376,000 for JDRF

Harris Teeter’s March 2017 donation card campaign raised more than $376,000 for JDRF

 

Company Thanks Generous Shoppers who Contributed to JDRF Campaign 

Matthews, NC, 2017-May-04 — /EPR Retail News/ — Today (May 3, 2017), Harris Teeter announced its generous shoppers and valued associates raised more than $376,000 for JDRF, the leading organization funding type 1 diabetes (T1D) advocacy and research, during its March 2017 donation card campaign.

Throughout the campaign, Harris Teeter shoppers and associates were invited to make $1, $3 or $5 donations to JDRF at checkout. This year’s donation will go a long way in helping JDRF continue its mission to accelerate life-changing breakthroughs to cure, prevent and treat T1D and its complications.

“Harris Teeter is overwhelmed by the generosity our shoppers and valued associates who have shown their support to JDRF,” said Danna Robinson, communication manager for Harris Teeter. “We are thankful for each of our associates and customers who joined JDRF in the fight against type 1 diabetes.”

For more information on type 1 diabetes or JDRF, please visit jdrf.org.

About T1D

In T1D, a person’s pancreas stops producing insulin, a hormone that enables people to get energy from food. People with T1D need to test their blood sugar and give themselves insulin (with injections or an insulin pump) multiple times every day, and carefully balance insulin doses with eating and daily activities throughout the day and night. However, insulin is not a cure for diabetes, and even with that intensive care, a significant portion of the day is still spent with either high or low blood sugar, placing people with T1D at risk for devastating complications such as heart attack, stroke, blindness, and amputation.

About JDRF
JDRF is the leading global organization funding type 1 diabetes (T1D) research. Our mission is to accelerate life-changing breakthroughs to cure, prevent and treat T1D and its complications. To accomplish this, JDRF has invested more than $2 billion in research funding since our inception. We are an organization built on a grassroots model of people connecting in their local communities, collaborating regionally for efficiency and broader fundraising impact, and uniting on a national stage to pool resources, passion, and energy. We collaborate with academic institutions, policymakers, and corporate and industry partners to develop and deliver a pipeline of innovative therapies to people living with T1D. Our staff and volunteers throughout the United States and our six international affiliates are dedicated to advocacy, community engagement and our vision of a world without T1D. For more information, please visit jdrf.org or follow us on Twitter: @JDRF

Source: Harris Teeter

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Harris Teeter kicks off its sixth annual Support Our Troops donation card campaign

Company Contributes Over $3 Million Since 2012 to the USO

Matthews, NC, 2017-May-04 — /EPR Retail News/ — Monday, May 1, Harris Teeter will launch its sixth annual Support Our Troops donation card campaign. The campaign, which benefits the USO, will run in stores throughout the month of May in honor of Military Appreciation Month and in support of active duty military and their families, as well as wounded service members, those transitioning back to civilian life, and families of the fallen.

Harris Teeter shoppers and associates will be invited to make $1, $3 or $5 donations to Support Our Troops at checkout, or during their ExpressLane online order. The company gives 100 percent of these donations directly to the USO to help connect America’s service members and their families to family, home and country throughout their service to the nation. The USO acts as an extended family for our nation’s military by delivering valuable programs, morale-boosting services, engaging entertainment and a touch of home through more than 200 locations worldwide.

“Harris Teeter is proud to partner with the USO to show support of our brave servicemen and women, as well as their families,” said Danna Robinson, communication manager for Harris Teeter. “We are thankful for the involvement of our valued associates and loyal shoppers who continuously support the good works of the USO.”

In 2016, the Support Our Troops campaign raised nearly $800,000 to benefit our service men and women; bringing the total donated to more than $3.6 million since 2012.

About the USO

The USO strengthens America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. At hundreds of locations worldwide, we are united in our commitment to connect our service members and their families through countless acts of caring, comfort, and support. The USO is a private, non-profit organization, not a government agency. Our programs, services and entertainment tours are made possible by the American people, support of our corporate partners and the dedication of our volunteers and staff. To join us in this important mission, and to learn more about the USO, please visit uso.org.

Source: Harris Teeter

Harris Teeter opens its Magothy Gateway location on Tuesday, May 16

Company to Celebrate Grand Opening with Sampling Event

Matthews, NC, 2017-May-04 — /EPR Retail News/ — Harris Teeter is proud to welcome shoppers to its Magothy Gateway location on Tuesday, May 16 at 5 p.m. as the company celebrates its grand opening with a ribbon cutting ceremony and Taste of Teeter sampling event. This event is a complimentary, in-store sampling of Harris Teeter’s most unique products. Store registers will be open for sales.

“Harris Teeter is thrilled to be joining the Severna Park community,” said Danna Robinson, communication manager for Harris Teeter. “We are looking forward to getting to know our new neighbors, and we cannot wait for shoppers to see their brand new Harris Teeter.”

In each of its stores, Harris Teeter strives to offer customers an excellent shopping experience, which begins with customer service and features high-quality products, variety and selection. Harris Teeter also works to be a true community partner by supporting local schools and youth sports organizations, among other non-profit organizations.

Store Address: Magothy Gateway Shopping Center
143 Ritchie Highway N. Severna Park, MD 21146

Grand Opening Date: Tuesday,May 16, 2017

Grand Opening Time: 5 p.m.,ribbon cutting; sampling event immediately following

Store Hours: 24 hours/7 days a week

Store Square Footage: 49,000

Check-Out Lanes: 8 checkouts and 5 express checkouts

Pharmacy Hours: Mon.-Fri. 9 a.m.-9 p.m.; Sat. 9 a.m.-7 p.m.; Sun. 10 a.m.-6 p.m.

Store Features and Departments

Full-service Butchers Market with Rancher Beef, HT Reserve Angus Beef and USDA Certified Very Tender Beef • Fresh Store made sausage and burgers • Full-service Fishermans Market • Shrimp Party Trays • Fresh Made Lobster Rolls • Friday Fish events • Farmers Market Produce • Produce Party Trays • Fresh Fruit Bar • Trail Mix Bar •  Salad Bar  •  Expanded organic and specialty produce • Full-Service Floral and Custom Floral Arrangements • Full-service Fresh Foods Market Deli/Bakery • Sushi • Self-Serve Olives • International Cheeses • Custom Cakes and Ice Cream Cakes • Sub Shop • Made to Order Sandwich Program  • Artisan Breads • Boar’s Head Meats and Cheeses  • Fresh Made Pizza • Party Trays • Home Meal Replacements • Natural and Organic Foods • Expanded Specialty Foods • Peanut Butter Grinders • Pharmacy  •  Free Blood Pressure Testing  • Private, Professional Pharmacist Consultations • Drug Interaction/ Allergy Screening • Double Coupons • Club 60 Discount • Carryout Service • Parcel Pick-up •  USCAN • Western Union • Coinstar • Rug Doctor • ExpressLane Online Shopping • Red Box DVD Rental Kiosk •  Starbucks •Sit-down eating area • ATM

Source:  Harris Teeter