Glenmorangie launches two ambitious projects to purify and clean all the waste water from its whisky distillery

Glenmorangie launches two ambitious projects to purify and clean all the waste water from its whisky distillery


Paris, 2017-May-24 — /EPR Retail News/ — Glenmorangie initiated two ambitious projects at the end of May to purify and clean all the waste water from its whisky distillation process. The first is the creation of an anaerobic digestion plant to purify by-products from the historic distillery on the Scottish coast. The second initiative, called DEEP (for Dornoch Environmental Enhancement Project), aims to reintroduce native oysters to the Dornoch Firth estuary.

To reduce the environmental impact of its distillery and purify 95% of the waste water from the distillation process, Glenmorangie has inaugurated an anaerobic digestion plant. This major initiative reaffirms Glenmorangie’s commitment to protecting and improving the natural environment around the distillery and to being a sustainable business.

Alongside the purification plant, Glenmorangie has forged a partnership with Heriot-Watt University and the Marine Conservation Society. Together they have launched the DEEP project, which aims to both improve water quality and promote biodiversity in the Dornoch Firth, a site of special scientific interest and an important Special Area of Conservation. As part of this project, native European oyster reefs, which were decimated in this part of Scotland over 100 years ago, have been reintroduced in order to clean the remaining 5% of organic waste in the water.

Dr. Bill Sanderson, Associate Professor of Marine Biodiversity at Heriot-Watt, explains that: “Oyster reefs are among the most endangered marine habitats on Earth and it is thanks to Glenmorangie’s commitment that we have been able to create this project, which we hope will become an example that could be replicated in other parts of the world.” The oysters will be studied over the coming year by Heriot-Watt University researchers with the aim of building an established reef within five years. This will both prevent the extinction of the European oyster and create a natural solution to filter water.


LVMH Moët Hennessy – Louis Vuitton
22, avenue Montaigne, 75008 Paris – France
Tel: +33 (0)1 44 13 22 22
Fax: +33 (0)1 44 13 22 23

Source: LVMH


H&M Foundation makes new commitment to improving education, clean water and women’s economic empowerment

Stockholm, SWEDEN, 2017-May-24 — /EPR Retail News/ — With a donation of $20.5 million and three new Global Programs the non-profit H&M Foundation makes a new strong commitment to long-lasting improvements in education, clean water and women’s economic empowerment. The goal is not only to transform lives for some of the world’s poorest, but also to influence national, regional and global agendas to work towards an equal society.

The new three-year partnerships with UNICEF (Education), WaterAid (Clean water) and CARE (Women’s economic empowerment) build on the achievements and learnings made in the previous Global Programs which ended in January 2017. With this new pledge, the total donation since 2014 to the Global Programs is 360 million Swedish krona ($41 million/€37 million).

So far, over 100,000 children are reached with education, over 250,000 school children have access to clean water and toilets and 100,000 women are empowered to start or expand their businesses. In addition, dialogues with governments have resulted in more resources to education and implementation of clean water, improved hygiene and sanitation in some of the poorest parts of the world. Due to the success of these programs, a renewed three-year commitment is now made.

“We’ve seen that our programs can make real change and that makes both the H&M Foundation and our partner organizations very eager to move into the next gear. With our insights from the first three years, we are well-equipped to create even more impact together in the years to come.“

Diana Amini, Global Manager, H&M Foundation

To make even more impact, all three programs include a component to break new ground. UNICEF will develop a tool to highlight the relevance of Early Childhood Development efforts for tolerance, cooperation and respect to prevent conflicts and bring communities together. CARE will launch a pioneering Global Report on the economic and social value of investing in women’s enterprise development and WaterAid will share learnings and best practice on how to deliver long lasting access to water, sanitation and hygiene services.

“There is a constant need for new partnerships and innovative solutions and the H&M Foundation will continue to be a catalyst for positive change for the planet, communities and people. It is a long-term commitment from my family and this work has just begun,” says Karl-Johan Persson, Board member, H&M Foundation and CEO H & M Hennes & Mauritz AB.

In a recently launched Impact Report 2013-2016, H&M Foundation has compiled all its efforts so far, and the progress is also described in a short film.


The H&M Foundation is a non-profit global foundation, privately funded by the Stefan Persson family, founders and main owners of H&M. Its mission is to drive long lasting positive change and improve living conditions by investing in people, communities and innovative ideas. Through partnerships with organizations around the globe, the H&M Foundation drives change within four focus areas; Education, Water, Equality and Planet. In addition to this, the Foundation can also provide emergency relief. Since 2013, the Stefan Persson family has donated 1.1 billion Swedish krona (USD 154 million/EUR 123 million) to the Foundation.

For more information, visit


Global Program Goals – 2017-2020


  • Reach 145,000 children, parents, teachers and influencers with Early Childhood Development programs, so that every child can have the best start in life.
  • Facilitate collaboration within national ministries in four countries to enable implementation of Early Childhood Development services.
  • Develop a tool to highlight the relevance of Early Childhood Development efforts for tolerance, cooperation and respect to prevent conflicts and bring communities together.


  • Give 150,000 people access to water and sanitation services in some of the world’s poorest communities.
  • Improve systems for delivering sustainable water, sanitation and hygiene services in four countries.
  • Launch a Global Report to share learnings and best practice on how to deliver long lasting access to water, sanitation and hygiene services.


  • Empower 100,000 women entrepreneurs from low-income communities worldwide to develop and grow their business.
  • Showcase successful business models in 7 countries to inspire women to become entrepreneurs, ensuring they have the right conditions to succeed.
  • Launch a pioneering Global Report on the economic and social value of investing in women’s enterprise development.

Quotes from partner organizations

”Nearly 250 million children under the age of five in developing countries are at risk of poor development. We rely on support from our partners to reach the most vulnerable and excluded children to help change their life paths. UNICEF is grateful to the H&M Foundation for its ongoing support helping to make sure babies and children experience the love, good nutrition, stimulation through play and early learning, and protection they need in the critical early moments,” says UNICEF Chief of Early Childhood Development Pia Britto.

“Today, 900 children under five die every day from diahorrea caused by dirty water and poor sanitation. This is something WaterAid is passionate to change. With the funding from the H&M Foundation we will be able to transform the lives of some of the world’s poorest people by improving their wellbeing and living conditions – not only today but tomorrow and for many years to come. This will take us one step closer to our vision where everyone everywhere have safe water, adequate toilets and improved hygiene,” says Cecilia Chatterjee-Martinsen, Chief Executive WaterAid Sweden.

“We now know that women from poor communities have the potential to become successful entrepreneurs and take control of their lives. Through our partnership with the H&M Foundation, we will support a further 100,000 women entrepreneurs across the globe, helping them from survival to success. It is fascinating to see how women gain power once they believe in themselves,” says Reintje van Haeringen, Director, CARE Nederland.

Malin Björne
PR & Communications Manager, H&M Foundation
+46 70 796 39 75

Source: H&M

The Michaels Companies, Inc. to host 1Q 2017 results conference call on Tuesday, June 6, 2017

IRVING, Texas, 2017-May-24 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today (2017-05-22) announced that the Company plans to report first quarter results on Tuesday, June 6, 2017, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT onTuesday, June 6, 2017, to discuss its financial and operational results.

Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: Callers who pre-register will be given a phone number and a unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

Investors without internet access or who are unable to pre-register can join the call by dialing (866) 777-2509 or (412) 317-5413.

The conference call will also be webcast at To listen to the live call, please go to the website at least 15 minutes before the call is scheduled to begin to register and download any necessary audio software. The webcast will be accessible for 30 days after the call. Additionally, a telephone replay will be available until June 20, 2017, by dialing (877) 344-7529 or (412) 317-0088, access code 10107108.

About The Michaels Companies, Inc.

The Michaels Companies, Inc. is North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator.

As of January 28, 2017, the Company owned and operated 1,367 stores in 49 states and Canada under the brands Michaels, Aaron Brothers and Pat Catan’s. The Michaels Companies, Inc., also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the craft, gift and decor industry. The Michaels Companies, Inc. produces a number of private brands including Recollections®, Studio Decor™®, Bead Landing®, Creatology®, Ashland®, Celebrate It®, ArtMinds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Make Market™®, Foamies®, LockerLookz®, Imagin8®, and Sticky Sticks®. Learn more about Michaels at

Kiley F. Rawlins

ICR, Inc.
Farah Soi

Financial Media:
ICR, Inc.
Jessica Liddell / Julia Young

Source: The Michaels Companies, Inc.

British Land releases sixth version of its Sustainability Brief for Developments

London, 2017-May-24 — /EPR Retail News/ — The latest version of our Sustainability Brief for Developments supports our vision to create Places People Prefer – places that promote wellbeing and improve productivity; places considered part of their local communities; places designed for the future, flexible and adaptable as the world changes; places where local people develop skills and businesses grow.

We look to our project teams to be ambitious in achieving the greatest positive social and environmental outcomes through their work on our developments. Our Sustainability Brief provides a process and guidance for setting and delivering best practice sustainability goals on each development project.

The sixth version of our Sustainability Brief was informed by consultation with our development partners and experts, along with a review of current best practice and upcoming regulation. It aligns with our 2020 sustainability strategy and other policies, including our Supply Chain Charter and Local Charter.

Nigel Webb, Head of Developments at British Land: “For more than ten years, our Sustainability Brief for Developments has been driving improvements in construction site management, efficient designs for energy and water use, and enhanced biodiversity. We are pleased to launch our updated Brief, which supports our vision to create Places People Prefer.”

Notes to Editors

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £19.1 billion (British Land share: £13.9 billion) as at 31 March 2017 making us one of Europe’s largest listed real estate investment companies.

Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.

Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 48% of our portfolio. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 46 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.

Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. Our industry-leading sustainability performance led to British Land being named a European Sector Leader in the 2016 Global Real Estate Sustainability Benchmark for the third year running.

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 a period of five years.

Further details can be found on the British Land website at

Press Contact:
Pip Wood
British Land
020 7467 2838

Source: British Land

Opioid overdose-reversal medicine naloxone now available without prescription at all CVS Pharmacy locations in Arizona

PHOENIX, 2017-May-24 — /EPR Retail News/ — Attorney General Mark Brnovich and State Representative Heather Carter joined CVS Health (NYSE: CVS) today (May 23, 2017) in announcing an important step to increase access to the opioid overdose-reversal medicine naloxone by making it available without a prescription at all CVS Pharmacy locations in Arizona. Pharmacists in Arizona will use prescriptive authority to dispense the life-saving medication to patients without the need for a physician visit to obtain an individual prescription. Prevention advocate Cindy Sierzchula and President of the Professional Firefighters of Arizona Bryan Jeffries expressed support for increased access to naloxone from the parent and first responder communities.

“Naloxone is a safe and effective antidote to opioid overdoses and by expanding access to this medication in our Arizona pharmacies, we can help save lives,” said Robert Marshall, Regional Manager for CVS Pharmacy in Arizona. “CVS Health is dedicated to addressing and preventing prescription drug abuse in the communities we serve and we believe the step we are announcing today will give more people a chance to get the help they need for recovery.”

“The opioid epidemic is an urgent public health crisis facing Arizona and the entire country,” said Attorney General Mark Brnovich. “We want to ensure that Arizona families who have loved ones struggling with addiction have access to Naloxone because it saves lives.”

“As a lawmaker, it’s always rewarding to see the policy decisions we make put into practice,” said Representative Heather Carter. “The main purpose behind the legislation I sponsored was to get this medication in the hands of a person who may have an opportunity to save a life. I’m here today to recognize a critical step toward achieving this goal.”

Today’s naloxone announcement builds on CVS Health’s longstanding commitment to helping communities address and prevent drug abuse. In 2015, CVS Health launched a community outreach program called Pharmacists Teach, which brings CVS pharmacists to local schools to talk to students about the dangers of drug abuse. More than 250,000 students across the U.S. have already taken part in the program, including nearly 8,000 students in Arizona. High school teachers and administrators can learn more about bringing Pharmacists Teach to their school at

CVS Health has also joined with the Partnership for Drug-Free Kids to create the Medication Disposal for Safer Communities Program, which donates disposal units to local police departments, providing a safe and environmentally friendly way to dispose of unwanted medication. Police departments in Arizona can apply to receive a drug collection unit at Additionally, CVS Health has launched digital resources on its website that give patients and families a single destination to learn more about drug abuse prevention.

With the addition of Arizona, CVS Pharmacy now dispenses naloxone to patients without an individual prescription in these 41 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia and Wisconsin.

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its nearly 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at

Media Contact:

Mia Garcia
Director of Media Relations, Office of Attorney General Mark Brnovich
(602) 339-5895

Corporate Communications, CVS Health
Amy Lanctot
(401) 258-9216

Erin Shields Britt
(401) 770-9237


BASQUE CULINARY CENTER y EROSKI premiarán la innovación gastronómica con productos locales

BASQUE CULINARY CENTER y EROSKI premiarán la innovación gastronómica con productos locales


  • El premio reconoce la labor de los cocineros y cocineras que otorgan una dimensión gastronómica a productos locales de gran tradición
  • El plazo de presentación se abre mañana 23 de Mayo y se cierra el 29 de septiembre de 2017, y pueden participar todos los cocineros profesionales en activo residentes en España
  • Los premios están dotados con 6.000, 3.000 y 1.000 euros para el primer, segundo y tercer ganador
  • Las bases del certamen están publicadas en la web

ELORRIO,España, 2017-May-24 — /EPR Retail News/ — El “Premio BCC-EROSKI Saria” arranca este año su sexta edición que busca reconocer la innovación gastronómica a partir de alimentos de producción local en apoyo de la sostenibilidad y como eje de una alimentación saludable.

En esta edición el “Premio BCC-EROSKI Saria” hace un especial énfasis en la salud, la sostenibilidad y la innovación culinaria, demostrando un compromiso social con los productores y con la preservación de la biodiversidad de especies, variedades y sabores. El primer premio está dotado con 6.000 euros y los segundos y tercer clasificados recibirán 3.000 y 1.000 euros respectivamente.

En la edición anterior, resultaron ganadores los chef Jesús Villarejo (Escuela Cocina Natural Chef, Ciudad Real), Juan Ramón Sau (Restaurante Quema, Zaragoza), Gonzalo Calzadilla (Restaurante Mitte, Madrid).

En ediciones anteriores también fueron reconocidos por estos premios los chefs  Victor Tronchi (Restaurante Les Magnolies. Girona), Aurelio Morales (Restaurante Miramar. Llança. Girona) y Roberto Ruiz (Restaurante Frontón. Tolosa. Gipuzkoa), Pablo Valdearcos (Durango. Bizkaia), Federico Guajardo (Denia. Alicante), Iñaki Moya (Vitoria – Gasteiz), Ana Portals (A Coruña), Nicolás Ramírez (Tafalla. Navarra) y Rubén Cabrera (San Cruz de Tenerife). En torno a 450 chefs de toda España han presentado sus recetas innovadoras a partir de productos locales a este certamen durante las pasadas cinco ediciones.

Cómo presentarse al “Premio BCC-EROSKI Saria”

El “Premio BCC-EROSKI Saria” premiará la mejor elaboración de un cocinero o cocinera que elabore en su restaurante y además ponga en valor la innovación gastronómica a partir de productos locales. El plazo de presentación de las propuestas se abre mañana 23 de mayo y se cierra el 29 de septiembre de 2017, y pueden concurrir todos los cocineros y cocineras profesionales en activo residentes en España. Cada participante deberá presentar a concurso un dossier con la descripción del producto local utilizado, una ficha con la receta y una fotografía de la elaboración ya emplatada. Además, cada participante podrá enviar hasta tres propuestas.

De entre todas las propuestas presentadas el Jurado seleccionará tres recetas que pasarán a la fase final y que se publicarán en la página web del concurso. El Jurado estará compuesto por académicos del Basque Culinary Center (BCC), patronos de la Fundación EROSKI, chefs en activo, expertos gastronómicos independientes y representantes del sector agroalimentario.

La fase final del certamen se celebrará en la sede del Basque Culinary Center (BCC) en San Sebastián, donde los tres cocineros y cocineras finalistas del “Premio BCC-EROSKI Saria” elaborarán sus recetas a partir de alimentos locales producidos en sus entornos de origen, y que serán degustadas por el Jurado del Premio.

Las bases del concurso se encuentran publicadas en la web del certamen, donde también serán publicadas las tres elaboraciones finalistas seleccionadas entre todas las presentadas.

EROSKI impulsa un sector agroalimentario sostenible y altamente diversificado

EROSKI destaca por su fuerte apuesta por los productos locales a través de su modelo comercial “contigo” con el que está remodelando su red de supermercados e hipermercados en toda España. Esta apuesta por los alimentos producidos en los entornos cercanos a sus tiendas impulsa un sector agroalimentario que basa su sostenibilidad en la diversidad de su tejido productivo como aspecto clave por su contribución a la economía, la cultura y el medio ambiente. EROSKI trabaja con más de 4.000 productores agroalimentarios de toda España, de los cuales más del 50% son pequeñas PYMES y cooperativas.

Por otro lado, la diversidad agroalimentaria es también un aspecto crucial para una alimentación saludable. Todos los expertos coinciden en que “comer variado es comer más sano”. Según la Encuesta Nutricional de la Población Española realizada por Fundación EROSKI y presentada el pasado año, la práctica de una alimentación saludable está muy relacionada, entre otros factores, con el nivel de cultura gastronómica de la población. “Del estudio realizado por Fundación EROSKI se concluye que cuanto menos valor se otorga a la alimentación, más se banaliza la comida y se desvincula del acto social de comer en familia o con amigos, alimentándonos peor y aflorando, con el tiempo, casos de deterioro de la salud y obesidad. En consecuencia, la variedad de la dieta es un factor determinante más de nuestra salud” afirma Alejandro Martínez Berriochoa, director de Fundación EROSKI. “La convocatoria de este certamen, junto al Basque Culinary Center, y que se consolida ya en su sexta edición este año, busca precisamente poner en valor la importancia de los alimentos locales en la gastronomía y en la cultura contemporánea post-crisis, con un protagonismo creciente que está adquiriendo lo local en nuestros hábitos alimentarios cotidianos por su contribución a una alimentación más saludable y variada, además de su impacto positivo en la economía, la cultura y el paisaje de nuestro entorno más cercano.”

Basque Culinary Center (BCC), primer centro mundial de investigación e innovación gastronómica

Basque Culinary Center (BCC), la Facultad de Ciencias Gastronómicas de MONDRAGON UNIBERTSITATEA, ha convertido a Euskadi en la sede de la primera universidad de estas características en España, y la primera a nivel mundial con un centro de investigación e innovación en el área de la gastronomía y de la ciencia de los alimentos. El propósito, ser un centro de referencia internacional en la I+D del conocimiento en su ámbito.

Basque Culinary Center (BCC) está respaldado por  los cocineros que han participado activamente en la iniciativa, -Juan Mari Arzak, Martin Berasategi, Pedro Subijana, Karlos Argiñano, Andoni Luis Aduriz, Hilario Arbelaitz, Eneko Atxa-, y por numerosas instituciones vascas y españolas. Además, los cocineros más influyentes del mundo, presididos por Joan Roca, constituyen el Consejo Internacional de Basque Culinary Center (BCC).

“La sostenibilidad y la colaboración con productores agroalimentarios de nuestro entorno es un aspecto que está adquiriendo un mayor protagonismo creciente en la gastronomía. De hecho, el Plan de Sostenibilidad del Basque Culinary Center busca la mejora progresiva en ámbitos como la eficiencia energética, la optimización de la gestión del agua, el fomento de la movilidad activa y el tránsito hacia alimentos de mayor calidad, frescura, cercanía y de producción sostenible” explica Jose Mari Aizega, director del Basque Culinary Center. “Precisamente, esta sexta edición del Premio `BCC-EROSKI Saria´ hace un especial hincapié en los aspectos de sostenibilidad y diversidad que representan los alimentos de producción local, en el protagonismo renovado que adquieren en la cultura contemporánea donde lo local y lo global convive, se mezcla y se complementa. Buscamos premiar ese maridaje entre la tradición de los productos locales y la innovación gastronómica”.

Datos de contacto con el Departamento de Comunicación:
944 158 642

Source: Eroski


NRF’s David French: The border tax proposal would cause the tax burden on retailers to skyrocket

WASHINGTON, 2017-May-24 — /EPR Retail News/ — Retailers would “have no choice” but to pass the higher costs on to consumers if Congress passes a proposed $1 trillion border adjustment tax as part of tax reform, the National Retail Federation said today (May 23, 2017).

“The border tax proposal would cause the tax burden on retailers to skyrocket,” NRF Senior Vice President for Government Relations David French wrote in a statement submitted to the House Ways and Means Committee. “Under this proposal, many retailers will have a tax burden that is larger than their profits. …Obviously, they will have no choice but to pass the tax cost forward to their customers. …Small businesses may be particularly vulnerable to the impact of the border tax on prices.”

The committee is holding a hearing this morning on the border adjustment proposal, which is part of the “Better Way” tax reform plan proposed by House Speaker Paul Ryan, R-Wis., and committee Chairman Kevin Brady, R-Texas.

“The retail industry has been a strong proponent of income tax reform,” French said. “We believe that income tax reform that lowers the rates and broadens the tax base can provide economic growth for the economy as a whole and can be good for the American consumer. We do not believe that a new tax system that shifts the burden of taxation to the consumer is good for our industry, which is the nation’s largest employer, or good for the American consumer.”

The United States has one of the highest corporate tax rates in the world and NRF has led the retail industry in advocating for comprehensive tax reform that would broaden the tax base and lower the corporate tax rate. Retail benefits from few of the tax breaks that lower tax bills for other industries, and pays at or close to the full 35 percent statutory rate.

Among other provisions, the Ryan-Brady plan would create a 20 percent tax on imported goods by ending retailers’ ability to deduct the cost of merchandise that they import. That means retailers would be taxed at nearly the full selling price of imported merchandise rather than just their profit, amounting to $1 trillion in extra costs over the first 10 years.

The border adjustment tax would have significant implications for retailers and other industries that import goods into the United States, including automobiles, technology, food and fuel. Analysis by NRF and many of its member companies indicates that the proposed tax would drive up costs, erode profits and exceed any benefits from a lower rate. It would require price increases of 15 percent or more to retain profitability, effectively creating a new tax paid by consumers.

The BAT would also put at risk millions of retail-supported jobs. A BAT could cause retailers to see tax bills three to five times the amount of their profits, threatening to drive some merchants out of business. The small retailers that make up 98 percent of the retail industry and provide 40 percent of its jobs would be at the biggest risk.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.


Robin Roberts
(855) NRF-Press

Source: NRF

Asda extends its craft beer offering across Scottish stores with additional 25 new lines

Asda extends its craft beer offering across Scottish stores with additional 25 new lines


LEEDS, England, 2017-May-24 — /EPR Retail News/ — With customer demand for craft beer growing, Asda has today announced it is massively extending its craft beer offering across Scottish stores, after collaborating with 10 breweries to bring an additional 25 new lines to its shelves, with a contract value of £875k between them all.

For five breweries; Black Isle, St Andrews, Bellfield, Tempest and Alchemey this is their first listing with Asda after being recruited through the supermarkets relationship with Craft Beer Clan, bringing an additional 12 new product lines on shelf.

The other five breweries are celebrating after seeing their ranges extended include Deeside Brewery, who’s Lager 500ml is exclusive to Asda, Belhaven Brewery, Wooha, Lerwick and Heather Ale Williams Bros.

The new deals mean that Asda stores across Scotland will now stock over 100 Scottish beers, ales and ciders, as customers look for more premium drinking experiences from local brands.

Asda has worked closely with the Craft Beer Clan, utilising their expertise in the market and Scottish brewery contacts to secure a range of unique beers that offer customers drink experiences with authenticity.

The majority of the new lines will be available in 330ml format, as the smaller single serve bottles and cans soar in popularity. It’s not as simple as transferring existing brands into smaller packaging; it’s about creating new, exciting and innovative products, which can be seen by the new variants being stocked on Asda shelves.

Asda has set its sights on becoming the biggest craft beer retailer in the UK, and with 100 plus breweries in Scotland alone, it’s clear the demand for Scottish real ale and craft beer is still bubbling away. Particularly for the 10 Scottish breweries who are all celebrating after securing impressive new deals with Asda to stock a variety of beers in stores across Scotland.

Heather Turnbull, Asda’s regional buying manager for Scotland, said: “The craft beer culture continues to grow, and it’s clear customers are trading up to more premium beers, particularly ones which come from local brands.

“The new lines we have launched are all premium quality and will give customers a more local choice, with a variety of flavours to suit every palate and occasion.”

Rob Craddock, sales director at Belhaven, said: “We use Scottish ingredients to brew flavour-packed beers that we know drinkers will enjoy, so we are delighted that our new lines will be arriving into Asda stores across Scotland. Interest in craft beer continues to rise and three of our beers to achieve this major supermarket listing – Intergalactic Dry Hop Lager, Twisted Thistle IPA and Twisted Grapefruit IPA – also recently picked up prestigious Monde awards, so this deal comes at a real high point for the brewery.

“The support from Asda and from consumers for brewers who have genuine provenance, and who really deliver on the flavour and quality of their beers, means it’s an exciting time for us and for Scottish craft brewing as a whole.”
Chris Miller, director at the Craft Beer Clan of Scotland, said: “The Craft Beer Clan works hard to promote Scottish craft beer at home and abroad, and it’s fantastic we’ve been able to work with a major retailer such as Asda.

“The craft brewing sector is renowned for its collaborations, so to be able to bring so many new brand listings to the supermarket stores across Scotland has been a great opportunity as we continue to build on Scotland’s reputation as a world-class producer of drink.”

Brewgooder, a craft beer label that donates 100% of its profits to clean water charities around the world, is also celebrating after securing a further deal with Asda to stock its Clean Water Lager at a further 171 stores across the UK, making it 357 stores in total.

0113 826 2829

Source: ASDA


RILA’s Brian Dodge: The new border adjustable tax is a dangerous and untested proposal built upon deeply flawed economics

Dollar Will Not Adjust As Backers Claim, Even In Long-Term, Hurting Consumers And Importers

Arlington , VA, 2017-May-24 — /EPR Retail News/ — An economic report released today (5/22/2017) from the international macroeconomics firm Capital Economics finds the economic theory behind the border adjustment tax to be a “gross simplification” of today’s currency markets. The report concludes that even in the long-term the dollar will appreciate no more than 8 percent in response to the House proposed border adjustment tax—well short of what proponents have suggested will be needed to offset higher costs on groceries, gasoline and thousands of items Americans buy every day.

“The new border adjustable tax is a dangerous and untested proposal built upon deeply flawed economics. The report shows the inevitable harm it will cause American families and businesses and it should give pause to lawmakers considering taking such a gamble with America’s economy,” said Brian Dodge, senior executive vice president for public affairs.

Available Empirical and Anecdotal Evidence Casts Doubt on Basic Exchange Rate Theory

The report, authored by economists Paul Ashworth, Justin Chaloner and Glyn Chambers, takes aim at the argument made by backers of the border adjustment tax that the policy will lead to a significant appreciation of the dollar, offsetting the impact on U.S. businesses and consumers.

Auerbach and Holtz-Eakin – “Border adjustments do not distort trade, as exchange rates should react immediately to offset the initial impact of these adjustments.” (Alan J. Auerbach, Douglas Holtz-Eakin, 11/30/16)

However, the report authors reject this premise, and found that any currency adjustment would fall far short of offsetting the harmful impact on American consumers.

“The notion of the border adjustment tax causing dollar appreciation is based on a simplification of currency markets, which are highly complex. The proposed measure has not been tried in any other country and there are many issues that pose a large number of questions as to what the consequences would be. Available empirical and anecdotal evidence casts doubt on basic exchange rate theory. Multiple barriers to adjustment plus the fact that traded goods and services only have a limited – possibly small – influence in determining exchange rates in today’s world of speculative capital flows means that we expect that most of the proposed appreciation is likely to fail to occur. Some adjustment could occur, but, given the considerable obstacles, we expect it to be no more than 30 per cent of the anticipated total, and it could well be a good deal less than that.”

Exchange Rate Doubts So Substantial BAT “Not Worth The Risk of Attempting It.”

Further, the report finds that the economic theory behind the dollar appreciation argument to be so unreliable that it is unlikely that currencies will adjust as predicted even in the long term.

“There are substantial reasons for believing that [full currency appreciation] will not occur, especially in the short run, but even over medium to long run timeframes and therefore it is not worth the risk of attempting it.”

Because Dollar Will Not Appreciate as Backers Predict, “Border Adjustment Tax Will Amount to a Tax on Consumers.”

“…retail markets are likely to experience the kinds of pass through rates seen in competitive markets. This means that the proportion of the expected exchange rate appreciation that does not occur (which we expect to be 70 per cent or more), which is the proportion of the tax that is passed onto American importing firms, is then likely to be passed on to ordinary consumers.

“Due to these likely price increases, the border adjustment tax will amount to a tax on consumers. It will have the effect of raising consumer prices, which will reduce real incomes and in turn living standards. Moreover, as with any tax on spending, it is probable that the impacts will be regressive in nature. That is, poorer consumers, who tend to save a lower proportion of their income and spend proportionately more, will be the hardest hit from the price rises stemming from the tax.”

BAT Backers’ Assumptions Are “A Gross Simplification of the Complexity of Today’s Currency Markets”

“…the confusing literature on exchange rate determination suggests that any exchange rate offset from border adjustment isn’t as predictable or as clear-cut as its proponents suggest because basic textbook theory is, at best, a gross simplification of the complexity of today’s currency markets. Given the large redistribution of wealth from importers to exporters that would happen in the absence of exchange rate adjustment and the many economic ramifications that could result from that, the policy is, at the very least, highly risky.”

About Capital Economics:

Capital Economics is a leading independent international macro-economic research consultancy, providing research on Europe, the Middle East, United States, Canada, Africa, Asia and Australasia, Latin America and the United Kingdom, as well as analysis of financial markets, commodities and the consumer and property sectors.

About RILA

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.


Christin Fernandez
Vice President, Communications
Phone: 703-600-2039

Source: RILA

RILA’s Jennifer Safavian: The border adjustment tax would jeopardize 42 million jobs retailers currently support

A Border Adjustable Tax Will Be ‘Uniformly Devastating’ To Retailers And Consumers

Arlington , VA, 2017-May-24 — /EPR Retail News/ — ​Today (5/23/2017), Retail Industry Leaders Association Executive Vice President for Government Affairs Jennifer Safavian issued the following statement as the House Ways and Means Committee began its hearing examining the economic and consumer impact of a border adjustable tax:

“As the nation’s largest private-sector employer, retailers support pro-growth tax reform that lowers corporate rates, scrutinizes all deductions and credits in the code, and creates a level playing field among industries.

“Retailers will continue to aggressively oppose any plan that attempts to shift the nation’s tax burden from certain corporations that currently are subject to low effective tax rates onto America’s working families. The border adjustment tax would jeopardize 42 million jobs retailers currently support, and would put an undue burden onto millions of American families that are struggling.

Retailers are confident that tax reform can be a win-win for job creators and American families. We urge lawmakers to scrap the controversial and divisive border adjustment tax and focus on crafting a tax reform plan that benefits all Americans.”

RILA provided a statement for the record during today’s hearing in support of pro-growth tax reform without a harmful border adjustment tax. In her statement, Safavian reiterated the fact that a BAT picks winners and losers and gives an unfair, anti-competitive advantage to companies already paying much lower effective tax rates.

“American companies are at a huge competitive disadvantage with our international competitors,” Safavian told the Committee. “This is not because of a mythical “Made in America” tax. Instead it is a result of the U.S. statutory corporate tax rate being extremely high by international standards…The border adjustable tax would not improve U.S. competitiveness. Instead, the border adjustable tax would impose price increases on American families, while also causing a devastating financial impact on the retail sector – so much so that the financial viability of many companies would be put into question.”

Safavian also focused on the impact to American consumers.

“The border adjustable tax, which would in effect place a new 20 percent tax on imports while completely eliminating the tax on exports, will force retailers to significantly raise prices on everyday consumer staples such as food, medicine, clothing, electronics, and home improvement items. Many personal necessities like life-saving drugs and items essential to the operation of U.S. small businesses, such as cell phones, have no domestically manufactured equivalent and will not in the foreseeable future. While margins on retail goods are already low, adding the border adjustable tax on top of the cost of those goods means that retailers have no other choice than to pass this additional tax onto American families.”

Safavian shared findings from a survey of American retailers conducted earlier this year on the impact of the border adjustable tax and the provisions of the House Republican Tax Reform Blueprint in their entirety (i.e. 20 percent rate, full expensing, territorial tax system). The results were uniformly devastating for the retail industry.

Examples of the representative responses include:

  • One retailer stated that their historic effective tax rate is 39 percent. Based on a three-year analysis, their effective tax rate would be between 140-288 percent.
  • Another retailer found that their effective tax rate would go from 37 percent to 102 percent as a result of the border adjustable tax.
  • Still another retailer’s analysis showed their effective tax rate would go from 38 percent to between 84-94 percent.
  • Beyond the increase in effective tax rates, one retailer explained that overall, they would go from a $1.5 billion net income to a $3.5 billion loss.

Safavian concluded her statement by reiterating the fact that should Congress impose a BAT, American consumers and retail jobs will be at risk.

“The border adjustable tax would disproportionately impact the retail sector because we import many products that are not able to be sourced domestically. Such a drastic new tax would undermine the benefits of a corporate tax rate reduction, precluding the industry from realizing potential economic growth. A border adjustable tax will lead to higher prices for American families and put many retail businesses at risk.”

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.


Christin Fernandez
Vice President, Communications
Phone: 703-600-2039

Source: RILA

DDR prices $450 million of senior unsecured notes in an underwritten public offering

BEACHWOOD, Ohio, 2017-May-24 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (May 23, 2017) announced the pricing of $450 million of senior unsecured notes in an underwritten public offering.  The offering consists of $450 million of 4.700% notes due 2027.  The notes are being offered to investors at a price of 99.817% with a yield to maturity of 4.723%.  Interest on the notes will be paid semi-annually on June 1 and December 1, beginning December 1, 2017.  The offering is expected to close on or about May 26, 2017, subject to the satisfaction of customary closing conditions.

Jefferies LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as joint book-running managers for the offering. BNY Mellon Capital Markets, LLC, Capital One Securities, Inc., Scotia Capital (USA) Inc. and U.S. Bancorp Investments, Inc. are serving as senior co-managers, and FTN Financial Securities Corp., The Huntington Investment Company, SMBC Nikko Securities America, Inc. and The Williams Capital Group, L.P. are serving as co-managers, for the offering.

DDR intends to use the net proceeds from the offering of the notes to repay debt under its $750 million unsecured revolving credit facility and for general corporate purposes, which may include the repayment of secured and unsecured debt from time to time.

The notes are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission (the “SEC”).  The offering will be made solely by means of a prospectus supplement and accompanying prospectus filed with the SEC.  You may obtain these documents without charge from the SEC at  Alternatively, you may request copies of these documents by contacting Jefferies LLC, 520 Madison Avenue, New York, New York 10022, Attention:  Investment Grade Syndicate Desk, or by calling 1-877-877-0696; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attention: Investment Grade Syndicate Desk – 3rd floor, telephone: (212) 834-4533 (collect); or Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attention: WFS Customer Service; by calling toll-free: 1-800-645-3751 or by emailing:

This release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted.

DDR is an owner and manager of 309 value-oriented shopping centers representing 103 million square feet in 35 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR.

Safe Harbor 
DDR considers portions of the information in this press release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; redevelopment and construction activities may not achieve a desired return on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; the success of our deleveraging strategy; and any impact or results from the Company’s portfolio transition or any change in strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2016. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.


NACS survey: Low gas prices likely to increase summer vacation spending but won’t lead to longer trips

ALEXANDRIA, Va, 2017-May-24 — /EPR Retail News/ — Low gas prices will likely lead to increased summer vacation spending but won’t lead to longer trips, according to a survey of gas customers conducted by the National Association of Convenience Stores (NACS), which represents the industry that sells an estimated 80% of the gas purchased in the country.

A strong majority of those planning vacations (81%) say they will send at least as much time on vacation as they did last summer, a strong 10-point increase from 2014 when gas prices averaged more than $3.60 per gallon.

While low gas prices may influence the length of vacations, they likely won’t influence the distance driven. Only one in nine drivers (11%) say they will drive more this summer because of low gas prices.

Summer vacationers expect to spend time and money inside the convenience store where they fill up. Overall, 62% of travelers say they expect to buy a drink and 58% say they will buy a snack when they fill up on their summer vacations. And more than one in four (28%) say that they will buy a meal or sandwich while filling up.

With gas prices low, consumers also say they consider price less important when shopping for fuel. Overall, 46% of drivers say that they will stop at the closest location when they are ready to stop, compared to 41% who say that the gas price dictates where they stop. This is the first time price wasn’t cited as the top reason to selected a fueling location. Quality food options (34%) and clean bathrooms (33%) were also cited as top reasons to stop.

Other highlights from the survey include:

  • 75% of travelers say they will use the store’s bathroom when fueling up on trips this summer, a 5-point jump from 2016.
  • Women are much more likely to purchase bottled water than men (66% vs. 49%), and are also more likely to buy candy (73% vs. 52%) and coffee (55% vs. 44%).
  • Travelers are seeking out healthier choices: 29% of consumers say they are buying more healthier choices than a year ago — and 43% of those ages 18-34 are buying more healthier items.

“Vacationers are saying that they will reward retailers who can best meet their one-stop shopping needs – whether fueling up, taking a bathroom break, grabbing quick snacks and drinks or enjoying upscale meals and healthy options,” said NACS Vice President of Strategic Initiatives Jeff Lenard.

Store sales from June through August are 11.3% higher than the rest of the year, especially beverage sales, according to sales data from NACS. Convenience stores account for 42% of all packaged beverage sales and 59% of beer sales in the country, factoring in all sales from convenience stores, grocery, drug and mass merchandisers, according to Nielsen.

Throughout the year, Americans are more likely to visit a convenience store to quench a thirst than for any other reason. Nearly half of all convenience store customers (49%) said that they primarily stopped to purchase a beverage on their most recent visit, according to a 2016 NACS consumer survey.

Not surprisingly, ice sales also are extremely strong over the summer months. Approximately two-thirds of all sales of bagged ice occur between Memorial Day and Labor Day, according to the International Packaged Ice Association. And, of course, convenience stores are the top destination to purchase bagged ice. Convenience stores sell an estimated 45% of all packaged ice purchased, or $1.9 billion overall.

The NACS consumer survey was conducted by PSB (Penn Schoen Berland); 1,104 adult Americans were surveyed from May 3-5, 2017.

NACS advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve. The U.S. convenience store industry, with more than 154,000 stores nationwide selling fuel, food and merchandise, serves 160 million customers daily—half of the U.S. population—and has sales that are 10.8% of total U.S. retail and foodservice sales. NACS has 2,100 retailer and 1,750 supplier members from more than 50 countries.

Source: NACS

Lolli & Pops to open 30 new stores in GGP Locations

The Boutique Sweet Shop Expands Physical Footprint with 30 Additional GGP Locations

CHICAGO, 2017-May-24 — /EPR Retail News/ — Retail real estate company GGP Inc. announced today (May 22, 2017) its partnership with Lolli & Pops, Inc. to open 30 new locations. Brick-and-mortar is the primary channel to create meaningful, emotional connections with consumers, and the partnership illustrates its essential role in the retail industry.

“Our regional shopping centers are the heartbeat of the community, and curation is a fundamental strategy,” said Sandeep Mathrani, CEO of GGP. “We’ve embraced working with Lolli & Pops because their philosophy coincides with our mission to provide a fun environment of search and delight.”

The owner and operator of 127 retail properties in 40 states, nearly 56 percent of the U.S. population lives within one hour from a GGP regional shopping center. To create an optimal customer experience, GGP curates each of its properties with a fusion of traditional retailers, e-commerce tenants expanding into brick and mortar, dining and entertainment.

“The true power of brick-and-mortar retail is the ability to enrich products with emotional and physical context,” said Sid Gupta, CEO of Lolli & Pops. “At Lolli & Pops, our elevated in-store experience has been a key factor to our rapid growth, and we are excited to partner with GGP and play an integral role in their efforts to reinvent today’s shopping centers.”

Under the leadership of Gupta, Lolli & Pops has experienced remarkable growth since first launching in 2012 driven by its experiential stores, elevated assortment and delightful service. In five years, Gupta grew the company into a leading brand with 38 locations and a loyal customer base. Lolli & Pops is not only renowned for its high-quality, innovative sweets, but also a one-of-a-kind ambiance with exceptional service and hospitality. Each store is designed to immerse customers in the emotional potential of the products they purvey.

Lolli and Pops purveys confections, sweets and gifts from around the world. The company measures success with “happiness counts” or how many people have been delighted on a daily basis. It is a system built to promote generosity inside and out of each Lolli and Pops location.

About GGP Inc.

GGP is an S&P 500 company focused exclusively on owning, managing, leasing and redeveloping high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

About Lolli & Pops

Lolli and Pops, Inc. is a mass-premium specialty retailer offering an assortment of confections, sweets, and gifts from around the world. As of April 2017, it operates 38 shops throughout the United States. Its headquarters are located in San Francisco, where it was established in 2012.

Lindsay Kahn

Lolli and Pops
Alex Chang

Investor Relations:
Kevin Berry
Senior Vice President of Investor & Public Relations
(312) 960-5529

Source: GGP

PRODUCT RECALL: L.A. Lucky Brand Basil Seeds 2.1 oz due to presence of Salmonella in the packet

PRODUCT RECALL: L.A. Lucky Brand Basil Seeds 2.1 oz due to presence of Salmonella in the packet


Rickenbacker Rd, Bell, CA, 2017-May-24 — /EPR Retail News/ — L.A. Lucky Import & Export Inc. announced it is voluntarily recalling L.A. Lucky Brand Basil Seeds 2.1 oz due to presence of Salmonella in the packet. Salmonella is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy persons infected with Salmonella often experience fever, diarrhea (which may be bloody), nausea, vomiting and abdominal pain. In rare circumstances, infection with Salmonella can result in the organism getting into the bloodstream and producing more severe illnesses such as arterial infections (i.e., infected aneurysms), endocarditis and arthritis.

L.A. Lucky Basil Seeds 2.1 oz were distributed nationwide in retail stores October 1, 2015 to May 15, 2017.

The product comes in a 2.1 ounce, clear plastic package marked with UPC # 820678201697. There are no other codes on the product.

No illnesses have been reported to date in connection with this problem.

The potential for contamination was noted after routine testing by the company revealed the presence of Salmonella in some 2.1 ounce packages of L.A. Lucky Brand Basil Seeds 2.1 oz.

L.A. Lucky has detained this item.

Customers who purchased these recalled products should dispose of the product. To receive a full refund or replacement product of their choice customers may email the company at or call 323-224-0211, Mon-Fri, 8 a.m. – 5 p.m. PST. When contacting the company, please identify what product was purchased and the location of where it was purchased.

Consumers Contact:

L.A. Lucky Import & Export Inc.

Source: FDA


KappAhl to launch the Limited Edition collection inspired by dried roses and dramatic prints this autumn

Mölndal, Sweden, 2017-May-24 — /EPR Retail News/ — In September, KappAhl will launch a limited edition collection of autumn’s key items for a trendy and timeless wardrobe. Drawing inspiration from the drama of dried roses, the Limited Edition collection will offer 15 stylish pieces and updated classics in materials like cashmere, satin and Tencel. Limited Edition will be available in limited numbers in selected stores and online.

The 5th of September, KappAhl will launch the Limited Edition collection, featuring striking, eye-catching pieces and trendy silhouettes that work equally well when paired with one another or worn individually. Limited Edition consists of 15 key items, including a short, metallic-champagne down jacket, a pink coat, a lace body and a wide-leg jumpsuit. There are also tops in cashmere, satin and Tencel.

“With Limited Edition, we want to create a slightly sharper wardrobe that still has a classic feel. The pieces have straight lines with feminine touches. This is a new thinking collection that we can’t wait to launch. I’m so excited about wearing the pink coat and lace maxi dress”, says Maria Segergren, KappAhl’s vice president for assortment and design.

Limited Edition is inspired by dried roses and dramatic prints in muted tones. This feeling characterises the patterns and their colour palettes, which tastefully combine dirty pinks with burnt hues – a colour scheme that presents both beauty and drama.

Limited Edition will be available in limited numbers in selected stores and online from 5 September 2017.

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 stores in Sweden, Norway, Finland and Poland as well as Shop Online. Our mission is to offer value-for-money fashion of our own design with wide appeal. More than half of the range is sustainability labelled. In 2015/2016 sales were SEK 4.7 billion and the number of employees was about 4,000 in nine countries. KappAhl has been listed on Nasdaq Stockholm since 2006. More information is available at

For more information:
Monika Kostovska
Fashion PR and Sustainability Marketing Manager
tel. +46 704 71 55 56

Source: KappAhl

Whole Foods Market announces Beyond Meat deal on National Hamburger Day on May 28

Whole Foods Market announces Beyond Meat deal on National Hamburger Day on May 28


AUSTIN, Texas, 2017-May-24 — /EPR Retail News/ — Whole Foods Market is celebrating National Hamburger Day on May 28 with a deal on plant-based burger patties from cult favorite, Beyond Meat. For one day only, customers can get two packages of Beyond Meat’s The Beyond Burger for $9. Each package contains two patties.

Beyond Meat is a plant-based protein source that replaces animal protein with plant protein from peas and other vegetables. The Beyond Burger is the brand’s burger patty and the world’s first plant-based burger that looks, cooks and tastes like fresh ground beef.  Fans love how the beets in the recipe give the burger the texture and appearance of a traditional “bleeding” meat burger when cooked.

Beyond Meat is a Los Angeles-based company founded in 2009 by CEO Ethan Brown. Beyond Meat’s products became available nationwide at Whole foods Market stores in 2013, and has been a favorite among vegans and meat-eaters alike because of the unique flavor and texture that deliver a truly meaty experience.

The offer is valid on May 28, 2017 while supplies last. No rain checks. States that do not carry Beyond Meat can still save on plant-based burger options with $2.00 off Field Roast Meatless Burger (TN, NC, GA, AL, GA, SC, MS) or $1.50 off Sweet Earth Veggie Burger (CA, NV).


Source:  Whole Foods Market


Whole Foods Market to relocate its Lexington store to The Summit at Fritz Farm on Friday, June 23

LEXINGTON, Ky., 2017-May-24 — /EPR Retail News/ — Whole Foods Market will relocate its store in Lexington to The Summit at Fritz Farm on Friday, June 23. Opening-day shoppers are invited to attend the traditional bread-breaking ceremony at 8:45 a.m. and will be greeted with door-buster deals and an array of product demonstrations and samples. The new store will be almost twice the size of the current store at 161 Lexington Green Circle and will offer customers new features, and products from over 75 local suppliers ranging from craft beer to fresh pasta to barbecue sauce.

WHAT: Whole Foods Market Lexington opening and bread-breaking ceremony

WHEN: Friday, June 23, 2017 – Bread-breaking ceremony at 8:45 a.m., doors open at 9 a.m.

WHERE: Whole Foods Market Lexington

4059 Finn Way

Lexington, Kentucky 40503

The original Whole Foods Market Lexington store will close on Wednesday, June 21.

**Media tours of the new Whole Foods Market will be available starting Wednesday, June 21. To schedule a tour please contact


Source:  Whole Foods Market

SUPERVALU President and CEO Mark Gross to address investors at RBC Capital Markets Consumer and Retail Conference

MINNEAPOLIS, 2017-May-24 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will participate in next week’s RBC Capital Markets Consumer and Retail Conference in Boston. President and CEO Mark Gross will address investors at approximately 9:20 a.m. (Eastern Time) on Wednesday, May 31, 2017.

A live webcast of this event will be available through the SUPERVALU website at (click on microphone icon). A replay will be archived on SUPERVALU’s website by going to the “Investors” link and clicking on “Presentations and Webcasts.”

SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $12 billion. SUPERVALU serves customers across the United States through a network of 2,363 stores composed of 1,902 stores operated by wholesale customers serviced primarily by the Company’s food distribution business and 217 traditional retail grocery stores operated under five retail banners in six geographic regions (store counts as of February 25, 2017). Headquartered in Minnesota, SUPERVALU has approximately 29,000 employees. For more information about SUPERVALU visit

Investor Contact:
Steve Bloomquist

Media Contact:
Jeff Swanson


JCPenney appoints Marci Grebstein as executive vice president, chief marketing officer

PLANO, Texas, 2017-May-24 — /EPR Retail News/ — JCPenney [NYSE: JCP] today (May 23, 2017) announced that Marci Grebstein will join the Company’s executive leadership team as executive vice president, chief marketing officer in June. A highly accomplished marketing executive, Grebstein brings over 20 years of retail marketing experience overseeing advertising campaigns, brand positioning, market analysis and digital strategies designed to enhance brand awareness and accelerate revenue growth. Grebstein will report to Chairman and Chief Executive Officer Marvin R. Ellison.

“Marci is an outstanding senior leader with a proven track record of developing winning marketing strategies for a diverse cross-section of leading national retailers,” said Ellison. “As we focus on enhancing our Home Refresh strategy, better utilizing customer data and optimizing our omnichannel capabilities, her broad retail expertise will be invaluable as we seek to differentiate our business through strategic marketing initiatives that will entice new and loyal customers to choose JCPenney for their homes and families.”

Grebstein most recently served as chief marketing officer for Lowe’s Home Improvement, where she was instrumental in driving an integrated and data-driven omnichannel marketing approach to build customer loyalty and position the company for continued growth. Prior to her role as chief marketing officer for Lowe’s, she served as vice president of advertising for the retailer, leading the development and execution of Lowe’s overall advertising strategy and ensuring that the company’s brand promise was brought to life consistently across all platforms.

Prior to joining Lowe’s, Grebstein worked for Food Lion of Delhaize America, overseeing the repositioning of the grocery store chain in her role as vice president of marketing and brand strategy. Grebstein also spent 16 years at Staples, Inc., holding positions of increasing responsibility to include vice president of business-to-business marketing and e-commerce. Grebstein holds a Bachelor of Science degree in management and marketing from Boston College.

“I have been inspired by the continued progress of one of America’s most iconic retailers in the midst of a highly competitive and ever evolving retail environment,” said Grebstein. “I am eager to begin working with Marvin and the entire team at JCPenney to lead a marketing strategy that will continue to build on the Company’s momentum in achieving sustainable growth and profitability.”

About JCPenney:

J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every customer’s shopping experience is worth her time, money and effort. Whether shopping or visiting one of over 1,000 store locations across the United States and Puerto Rico, she will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands.  Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit

Media Relations:
(972) 431-3400
Follow @jcpnews on Twitter for the latest announcements and Company information.

Investor Relations:
(972) 431-5500

Source: J. C. Penney Company, Inc.


Zaandam, the Netherlands, 2017-May-24 — /EPR Retail News/ — Ahold Delhaize has repurchased 608,516 of Ahold Delhaize common shares in the period from May 15, 2017 up to and including May 19, 2017. The shares were repurchased at an average price of €19.98 per share for a total consideration of €12.2 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 19,599,761 common shares for a total consideration of €388.7 million.

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

Visit for a complete overview of all Ahold Delhaize share buyback programs.


Ellen van Ginkel
Director External Communications
+31 88 6595134

Source: Ahold Delhaize

Cal Mare, Eggslut, FARMHOUSE and Yardbird to open at Beverly Center

More award-winning, exciting concepts will be announced this year

LOS ANGELES, 2017-May-24 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) today (05/22/2017) announced four new restaurants will join Beverly Center’s culinary lineup as part of the shopping and dining destination’s $500 million reimagination. The restaurants — Cal Mare, Eggslut, FARMHOUSE and Yardbird — will be located on Level 1 and all are anticipated to open by the end of 2018. More award-winning, exciting concepts will be announced this year.

“We have always focused on food as a key component of Beverly Center’s renovation,” said Taubman’s Chief Operating Officer William Taubman. “In doing so, we have curated a collection of point-of-difference restaurants offering a variety of different cuisine and price points from which to choose. The experience will be unlike anything offered in the market today.”

Full-Service Restaurants:

Cal Mare by Chef Michael Mina

A brand new 8,200 square foot concept from James Beard Award-winning, Michelin-starred Chef Michael Mina, Cal Mare is a celebration of coastal Italian cuisine with Mediterranean and Californian influences. Conceived along with chef partner Adam Sobel, the menu will focus on seafood for satiating but light and healthy Italian meals. The restaurant’s design will evoke the vibrant seaside elegance of Italy’s Amalfi Coastwith a nod to its contemporary southern California setting.

“It’s an honor to partner with Adam Sobel for Cal Mare at Beverly Center, as well as so many other chefs that will be lending their talents to The Street, A Michael Mina Social House, that we announced last year,” said Chef Mina. “I am incredibly excited to share our celebration of global cuisines and our truly dynamic spaces with the Los Angeles community.”

Located on Level 8, The Street will offer a variety of cuisine from Chef Mina and approximately 15 to 18 other chefs. The food will be served from hawker stations reminiscent of the great bazaars of the world. The venue’s indoor seating and outdoor dining terrace offer incredible views of the Hollywood Hills and downtown Los Angeles.

FARMHOUSE by Chef Laurent Halasz

FARMHOUSE celebrates California’s abundance of bounty from local farms, markets, dairies and purveyors, situated within a new informal dining experience at the revitalized Beverly Center. The menu will focus on a curation of four to six key ingredients per season that are at their peak freshness with rotating sharable dishes including vegetables, salads, meats, fishes, pizza and pastas, simply cooked in a wood-fired oven and wood grill. The 7,000 square foot space will be reminiscent of a modern California farmhouse with a relaxed feel, fire place, open kitchen and large bar.

FARMHOUSE is the brainchild of Laurent Halasz, who moved to Southern California from the South of France close to a decade ago, bringing with him a lifelong respect for quality ingredients and simple flavors.

Yardbird Southern Table & Bar by Chef John Kunkel

Yardbird will be a 6,000 square foot house of worship to farm-fresh ingredients, classic Southern cooking, culture and hospitality. Helmed by award-winning restaurateur John Kunkel, the original location was recognized by the James Beard Foundation as “Best New Restaurant” and was named among “America’s Best New Restaurants” by Bon Appétit. A modern take on Southern comfort means shared plates and critically acclaimed fried chicken, to name a few of the restaurants specialties. A crafted cocktail program and extensive bourbon menu round out Yardbird’s hospitable atmosphere that includes an outdoor patio. Los Angeles will be the third city for this concept that also has locations in Miami Beach and Las Vegas.

“We are very excited to be expanding into a major influencer city such as Los Angeles and to be able to call the Beverly Center our new home,” said Kunkel. “We have found a pretty unique niche with the Yardbird brand and think we will be a perfect fit among the other amazing restaurants in the space.”

Fast-Casual Restaurant:


Eggslut is a chef driven, gourmet food concept founded in 2011. It’s inspired by a true love for eggs. The menu is a balance of comfort and innovation, celebrating food that appeals to both a novice and extreme foodie through classic comfort fare, all-encompassing its key ingredient — eggs. No longer just a breakfast staple, Eggslut makes eggs appetizing all day, every day. The restaurant’s focus is on the quality and taste of its food, consistent presentation and great customer service.

Eggslut began as a food truck that roamed the streets of Los Angeles, eventually turning into a food stall in downtown L.A. Although the food truck has since retired, Eggslut has grown to multiple stores across Los Angeles and even in Las Vegas.

Said Eggslut’s founders: “We love food. We care about the way it looks and how it tastes and we strive to give one of the best breakfast experiences. We’re excited about our new location in the Beverly Center and know it will be a great place for us to reach more egg lovers.”

Importantly, each new restaurant at Beverly Center will be easily accessible by pedestrians at the street level, while a new, additional valet entrance and new parking technology will make for easy access for those traveling by car.

Beverly Center’s renovation is not only transforming the dining experience, the project will also create a bright, contemporary and highly accessible exterior and interior that engages the center with the surrounding neighborhood and will expand the center’s perfectly curated retail lineup that covers everything from fast-fashion to luxury. Every store is open throughout the renovation that is scheduled to be completed by holiday 2018. For more details about the project, please visit, or visit Facebook, Twitter or Instagram @beverlycenter.

About Beverly Center

Beverly Center is Southern California’s premier fashion destination with more than 100 distinctive stores reflecting the diverse styles and tastes of Los Angeles, including a paramount portfolio of luxury retailers such as Burberry, Dolce & Gabbana, Fendi, Gucci, Louis Vuitton, Prada, Saint Laurent and Salvatore Ferragamo. The center is anchored by Bloomingdale’s and Macy’s. The unique assortment of point-of-difference stores like Henri Bendel and Traffic, paired with the expanded fast fashion collection comprised of Uniqlo, H&M and XXI Forever and contemporary brands Halston Heritage, Sandro and Maje make Beverly Center the ultimate shopping experience.

About Taubman

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 27 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

For ease of use, references in this press release to “Taubman Centers,” “company,” “Taubman” or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management’s current views with respect to future events and financial performance. Forward-looking statements can be identified by words such as “will”, “may”, “could”, “expect”, “anticipate”, “believes”, “intends”, “should”, “plans”, “estimates”, “approximate”, “guidance” and similar expressions in this press release that predict or indicate future events and trends and that do not report historical matters. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, the company assumes no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks, uncertainties and other factors. Such factors include, but are not limited to: changes in market rental rates; unscheduled closings or bankruptcies of tenants; relationships with anchor tenants; trends in the retail industry; the liquidity of real estate investments; the company’s ability to comply with debt covenants; the availability and terms of financings; changes in market rates of interest and foreign exchange rates for foreign currencies; changes in value of investments in foreign entities; the ability to hedge interest rate and currency risk; risks related to acquiring, developing, expanding, leasing and managing properties; changes in value of investments in foreign entities; risks related to joint venture properties; insurance costs and coverage; security breaches that could impact the company’s information technology, infrastructure or personal data; the loss of key management personnel; shareholder activism costs and related business disruptions; terrorist activities; maintaining the company’s status as a real estate investment trust; changes in the laws of states, localities, and foreign jurisdictions that may increase taxes on the company’s operations; and changes in global, national, regional and/or local economic and geopolitical climates. You should review the company’s filings with the Securities and Exchange Commission, including “Risk Factors” in its most recent Annual Report on Form 10-K and subsequent quarterly reports, for a discussion of such risks and uncertainties.


Jenn Deese

Maria Mainville
Director, Strategic Communications, Taubman

Ryan Hurren
Director, Investor Relations, Taubman

Source: Taubman Centers, Inc.

Taubman responds on Institutional Shareholder Services and Glass Lewis reports

Taubman Urges Shareholders to Vote “FOR” Taubman Centers’ Director Nominees on the WHITE Proxy Card

BLOOMFIELD HILLS, Mich, 2017-May-24 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) (the “Company”) today (05/23/2017) issued the following statement in response to reports issued by Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) regarding the election of directors to Taubman’s Board at the Company’s 2017 Annual Meeting of Shareholders to be held on June 1, 2017:

We believe that ISS and Glass Lewis have erred by not recommending that shareholders vote on the WHITEproxy card in support of ALL of Taubman’s highly-qualified director nominees – Robert (“Bobby”) S. Taubman, Cia Buckley Marakovits and Myron (“Mike”) E. Ullman III. Instead of assessing Land & Buildings’ slate on its merits, the proxy advisory firms instead regrettably based their recommendations on other factors, such as the Company’s decision to reject a hostile takeover attempt from 15 years ago – a decision that even ISS acknowledges was correct from a valuation perspective.

ISS even highlighted the experience and expertise of Bobby Taubman, our Chairman and CEO, and Mike Ullman, our lead independent director, noting that “…the chairman/CEO and the lead independent director—have extensive and relevant experience. Taubman has overseen the curation of a valuable portfolio. Mr. Ullman has many years of experience as a director of luxury brands relevant to the company’s malls and experience as a director of Starbucks Corp., which could be relevant to the company’s Asian expansion,” among other positive comments.1

By focusing on a 15-year old issue, the proxy advisor firms have ignored the Company’s track record of performance. Together Taubman’s experienced management team and actively engaged Board have delivered total compounded annualized shareholder returns of approximately 15 percent over the past 20 years, the highest of any publicly traded regional mall REIT over that period, and we remain focused on delivering value.

Taubman’s nominees are highly-qualified, and have the requisite experience, skills and knowledge directly relevant to the Company’s strategy and business which are critical for effective oversight and direction. The Taubman Board recommends that shareholders vote “FOR” each of Taubman’s director nominees – Robert (“Bobby”) S. Taubman, Cia Buckley Marakovits and Myron (“Mike”) E. Ullman III on the WHITE proxy card today.

Mike is a leader in the retail industry and has brought wide-ranging knowledge in critical areas, including leadership of global businesses, finance, executive compensation, governance, risk assessment and compliance; he has been an exceptional addition to Taubman’s Board, and his recent appointment to the newly created position of lead director is reflective of his immense contributions, engagement and leadership.

Bobby is a recognized leader in the REIT and regional mall industries, and has led Taubman to become one of the top performing REITs in the country in terms of shareholder returns. Under Bobby’s leadership as Chairman and CEO, Taubman has assembled the industry’s premier portfolio of high-quality retail assets that has consistently delivered outstanding long-term shareholder returns.

Cia Buckley Marakovits has brought an additional independent perspective to our boardroom, informed by decades of real estate, financial and investment stewardship experience, which both complements and strengthens our Board’s expertise and is proving invaluable to our evolving business.

Taubman has continued to make substantial enhancements to its Board and corporate governance practices and the Board is highly engaged on the Company’s strategies for delivering long-term growth, operational excellence and increased value for all shareholders. For example on the governance front, after Mike joined the Board in 2016 and became the new Chair of Taubman’s Nominating and Corporate Governance Committee, the Board appointed Cia Buckley Marakovits as the newest independent director to enhance the Board’s independence and increase its industry and investment expertise. The Board also created the new position of lead director to augment the Board’s independent leadership, effective oversight and strategic guidance, and the independent directors unanimously appointed Mike Ullman to that role.

In contrast, Land & Buildings’ nominees, Jonathan Litt and Charles Elson, would not be additive to the Taubman Board. Jonathan Litt has no operational experience, and his track record as a sell-side analyst demonstrates a consistent misunderstanding of Taubman’s strategy and ability to create value. Indeed, throughout his tenure, Mr. Litt consistently missed the mark on Taubman’s performance: Mr. Litt had a “sell” or “underperform” rating on Taubman 28 times – in the following 12 months of each report, Taubman produced an average actual stock return of 33.3 percent whereas Mr. Litt predicted a 13.7 percent decline.Mr. Litt’s campaign against the Company exhibits an unwillingness to work collaboratively and in the best interests of all shareholders over the long term. Charles Elson is a paid consultant and serial nominee of Land & Buildings who lacks any real estate, retail, business or other industry expertise, which is acutely important in the evolving retail environment and in light of the Company’s asset-focused model. We believe electing EITHER of Land & Buildings’ nominees and removing the current Chairman and CEO and Lead Director would negatively impact shareholder value creation and derail the proven strategy that is underway at Taubman.

Land & Buildings has engaged in an aggressive campaign replete with misleading and inaccurate information, including with regard to the Series B preferred shares. Contrary to what Land & Buildings may want shareholders to believe, the Series B preferred shares provide for “one share, one unit, one vote” and are simply not a “dual class” structure in which economic interests in the enterprise are misaligned with voting power. As significant holders with substantial economic exposure, the interests of the Taubman family are completely aligned with those of other shareholders.

Taubman continues to create value for all shareholders, and we are confident in the Company’s prospects – with the right leadership – for sustainable growth and long-term value creation.

Taubman shareholders are reminded that their vote is extremely important, no matter how many or how few shares they own, as Land & Buildings has targeted the Company’s Chairman and CEO and the Company’s Lead Director for replacement by its nominees. Taubman believes that replacing Bobby Taubman would be value-destructive, disruptive to the tenant relationships he has created over the last 20 years and destabilizing for employees. In addition, the removal of Mike Ullman would be counterproductive to the Board’s oversight and the governance enhancement initiatives the Company has undertaken, including those announced since Mr. Ullman was appointed the new Chair of the Nominating and Corporate Governance Committee. In addition, the Company believes simultaneously removing the Chairman and CEO as well as the Lead Director would be damaging to the function of the Board and detract, rather than enhance, strong governance. Taubman shareholders are urged to use the WHITE proxy card to vote “FOR” all three of the Company’s director nominees.

If you have any questions or require any assistance in voting your shares,
please call the Company’s proxy solicitor listed below:

Toll-free at (888) 750-5834 (from the U.S. or Canada)
(412) 232-3651 (from other locations)

About Taubman

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 27 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.


This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management’s current views with respect to future events and financial performance. Forward-looking statements can be identified by words such as “will”, “may”, “could”, “expect”, “anticipate”, “believes”, “intends”, “should”, “plans”, “estimates”, “approximate”, “guidance” and similar expressions in this document that predict or indicate future events and trends and that do not report historical matters. The forward-looking statements included in this document are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks, uncertainties and other factors. Such factors include, but are not limited to: changes in market rental rates; unscheduled closings or bankruptcies of tenants; relationships with anchor tenants; trends in the retail industry; the liquidity of real estate investments; the company’s ability to comply with debt covenants; the availability and terms of financings; changes in market rates of interest and foreign exchange rates for foreign currencies; changes in value of investments in foreign entities; the ability to hedge interest rate and currency risk; risks related to acquiring, developing, expanding, leasing and managing properties; changes in value of investments in foreign entities; risks related to joint venture properties; insurance costs and coverage; security breaches that could impact the company’s information technology, infrastructure or personal data; the loss of key management personnel; shareholder activism costs and related business disruptions; maintaining our status as a real estate investment trust; changes in the laws of states, localities, and foreign jurisdictions that may increase taxes on our operations; and changes in global, national, regional and/or local economic and geopolitical climates. You should review our filings with the Securities and Exchange Commission, including “Risk Factors” in our most recent Annual Report on Form 10-K and any subsequent quarterly reports, for a discussion of such risks and uncertainties.

This document may also include disclosures regarding, but not limited to, estimated future earnings assumptions and estimated project costs and stabilized returns for centers under development and redevelopment which are subject to adjustment as a result of certain factors that may not be under the direct control of the company. Refer to our filings with the Securities and Exchange Commission on Form 10-K and Form 10-Q for other risk factors.


The Company has filed a definitive proxy statement and associated WHITE proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Annual Meeting of Shareholders of the Company (the “Annual Meeting”). The Company, its directors, its executive officers and certain other individuals set forth in the definitive proxy statement will be deemed participants in the solicitation of proxies from shareholders in respect of the Annual Meeting. Information regarding the names of the Company’s directors and executive officers and certain other individuals and their respective interests in the Company by security holdings or otherwise is set forth in the Annual Report on Form 10-K of the Company for the fiscal year ended December 31, 2016, filed with the SEC on February 23, 2017, and has been included in the definitive proxy statement filed with the SEC on April 20, 2017. Details containing the nominees of the Company’s Board of Directors for election at the 2017 Annual Meeting of Shareholders are included in the definitive proxy statement. BEFORE MAKING ANY VOTING DECISION, SHAREHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE DEFINITIVE PROXY STATEMENT AND ANY SUPPLEMENTS THERETO AND ACCOMPANYING WHITE PROXY CARD, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. The Company’s definitive proxy statement and a form of proxy have been mailed to shareholders of the Company. Investors and shareholders can obtain a copy of the documents filed by the Company with the SEC, including the definitive proxy statement, free of charge by visiting the SEC’s website, The Company’s shareholders can also obtain, without charge, a copy of the definitive proxy statement and other relevant filed documents when available from the Company’s website at

1 Permission to use quotations neither sought nor obtained

Maria Mainville
Taubman, Director, Communications

Andrew Siegel / Meaghan Repko / Joseph Sala
Joele Frank, Wilkinson Brimmer Katcher

Ryan Hurren
Taubman, Director, Investor Relations

Source: Taubman Centers, Inc.

Perry Ellis International to webcast its Annual Shareholder Meeting on Tuesday, June 13th

MIAMI, 2017-May-24 — /EPR Retail News/ — Perry Ellis International, Inc. (Nasdaq:PERY) will webcast its Annual Shareholder Meeting to the general public on Tuesday, June 13th, beginning at 11:00 AM (Eastern). The webcast can be accessed live via the link below or on the Investor Relations section of the Perry Ellis International website located at

An archive of the webcast will be available for two weeks following the live event.

About Perry Ellis International
Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories and fragrances. The Company’s collection of dress and casual shirts, golf sportswear, sweaters, dress pants, casual pants and shorts, jeans wear, active wear, dresses and men’s and women’s swimwear is available through all major levels of retail distribution. The Company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis®, An Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®,  Manhattan®, Axist®, Jantzen® and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel. Additional information on the Company is available at

Safe Harbor Statement
We caution readers that the forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as “anticipate,” “believe,” “budget,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “guidance,” “indicate,” “intend,” “may,” “might,” “plan,” “possibly,” “potential,” “predict,” “probably,” “proforma,” “project,” “seek,” “should,” “target,” or “will” or the negative thereof or other variations thereon and similar words or phrases or comparable terminology. Such forward-looking statements include, but are not limited to, statements regarding Perry Ellis’ strategic operating review, growth initiatives and internal operating improvements intended to drive revenues and enhance profitability, the implementation of Perry Ellis’ profitability improvement plan and Perry Ellis’ plans to exit underperforming, low growth brands and businesses. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include: general economic conditions, a significant decrease in business from or loss of any of our major customers or programs, anticipated and unanticipated trends and conditions in our industry, including the impact of recent or future retail and wholesale consolidation, recent and future economic conditions, including turmoil in the financial and credit markets, the effectiveness of our planned advertising, marketing and promotional campaigns, our ability to contain costs, disruptions in the supply chain, including, but not limited to these caused by port disruptions, disruptions due to weather patterns, our future capital needs and our ability to obtain financing, our ability to protect our trademarks, our ability to integrate acquired businesses, trademarks, trade names and licenses, our ability to predict consumer preferences and changes in fashion trends and consumer acceptance of both new designs and newly introduced products, the termination or non-renewal of any material license agreements to which we are a party, changes in the costs of raw materials, labor and advertising, our ability to carry out growth strategies including expansion in international and direct-to-consumer retail markets; the effectiveness of our plans, strategies, objectives, expectations and intentions which are subject to change at any time at our discretion, potential cyber risk and technology failures which could disrupt operations or result in a data breach, the level of consumer spending for apparel and other merchandise, our ability to compete, exposure to foreign currency risk and interest rate risk, the impact to our business resulting from the United Kingdom’s referendum vote to exit the European Union and the uncertainty surrounding the terms and conditions of such a withdrawal, as well as the related impact to global stock markets and currency exchange rates; possible disruption in commercial activities due to terrorist activity and armed conflict, actions of activist investors and the cost and disruption of responding to those actions, and other factors set forth in Perry Ellis’ filings with the Securities and Exchange Commission. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in Perry Ellis’ filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are valid only as of the date they were made. We undertake no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.

Annette Ramos

Source: Perry Ellis International/globenewswire

CBRE named to LinkedIn’s Top Companies list for 2017

Los Angeles, 2017-May-24 — /EPR Retail News/ — CBRE Group, Inc. announced that it has been named to LinkedIn’s Top Companies list for 2017.  At #18, CBRE is the top-ranked real estate services and investment firm on the list of the most sought-after companies for job seekers today.

The Top Companies list leverages exclusive LinkedIn data focused on what job seekers are doing. In turn, the list helps professionals discover and follow the companies where they may want to land their next job. The employers included on the list are selected based on a combination of exclusive LinkedIn data including reach, engagement, job interest, retention and an editorial lens. The methodology also includes the actions of job seekers and professionals with editorial oversight.

“Our inclusion on the list of LinkedIn Top Companies is a reflection of our commitment to creating a work culture and environment that encourages our employees to be better every day,” said Jennifer Ashley, global director of human resources, CBRE. “We’re proud to be recognized as an employer that is sought-after by job seekers, and to be included on this list with so many world-class companies, many of which are esteemed clients of our firm.”

The LinkedIn Top Companies list includes companies from around the globe, including the U.S., U.K., France, India, Australia, Brazil and Germany. The full list of companies named to the list appears here.

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


Robert McGrath

SOURCE: CBRE Group, Inc.

CBRE elects Beth F. Cobert to its Board of Directors

Los Angeles, 2017-May-24 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today (May 22, 2017) announced that Beth F. Cobert has been elected to the company’s Board of Directors.

Ms. Cobert is an accomplished executive with more than 30 years of experience in the private and public sectors.  She is a former Senior Partner at McKinsey & Company, where she advised companies in a wide range of industries on strategic, operational and organizational issues.  She led McKinsey’s strategy work for CBRE from 2011 to 2013.  She served as Acting Director of the U.S. Office of Personnel Management from July 2015 to January 2017, and as the Deputy Director for Management of the U.S. Office of Management and Budget from October 2013 to July 2015. In April 2017, Ms. Cobert was named Chief Executive Officer of Skillful, an initiative of the Markle Foundation, which helps Americans to keep up with the rapid transformations that automation and other technological advancements are bringing to jobs in the digital economy.

“We are pleased to welcome Beth to our Board,” said Ray Wirta, CBRE’s Chairman of the Board. “We will benefit greatly from her breadth of experience, strategic thinking and deep, first-hand knowledge of CBRE.  We look forward to her contributions.”

“CBRE is a company I know well,” Ms. Cobert said. “It is the clear leader in its sector and has a well-thought-out strategy to build on its market position and create further shareholder value.  I look forward to working with my fellow directors to help drive strong outcomes.”

Ms. Cobert holds a B.A. from Princeton University and an M.B.A. from Stanford University.  She previously served as Chair of the United Way of the San Francisco Bay Area and as a member of Stanford University Graduate School of Business’ Advisory Council.

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


Robert McGrath

SOURCE: CBRE Group, Inc.

CBL to transform Cary Towne Center in Cary, North Carolina into a dynamic mixed-use destination

CHATTANOOGA, Tenn., 2017-May-24 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) today (5/22/2017) announced future plans to transform Cary Towne Center in Cary, North Carolina, into a dynamic mixed-use destination. Last week’s announcement by IKEA of its proposal to build a store adjacent to Cary Towne Center provides a keystone attraction for the project and a catalyst for its redevelopment.

Over the last several months, CBL has worked with the town of Cary to start the rezoning process with the goal of creating a flexible land use that will facilitate a creative, modern, multi-phase and multi-use redevelopment. CBL is evaluating a number of redevelopment scenarios that could feature a mix of premier retail, dining, and entertainment options as well as residential, grocery, office, and green space. CBL has commissioned Dwell Design Studio, a nationally respected mixed-use planner and the architect of record for a number of the country’s highly regarded and successful mixed-use destinations.

“CBL is thrilled that IKEA has chosen Cary Towne Center for its next potential location in North Carolina. We are committed to executing a progressive redevelopment of the project that seamlessly complements the proposed IKEA store and is reflective of the vision and unique characteristics of the market,” said Stephen Lebovitz, president and CEO of CBL & Associates Properties, Inc. “Cary Towne Center is ideally located, and there is strong demand to elevate the center to the next level.”

Businesses interested in obtaining information about the Cary Towne Center redevelopment should contact Jon Meshel, Vice President – Development/Redevelopment at or 423.490.8269.

About CBL & Associates Properties, Inc.

Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 123 properties, including 80 regional malls/open-air centers. The properties are located in 27 states and total 76.9 million square feet including 5.9 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at

Katie Reinsmidt
Executive Vice President – Chief Investment Officer

Media Contact:
Stacey Keating
Director – Public Relations & Corporate Communications

Source: CBL & Associates Properties, Inc.

Paradies Lagardère and Kent Rathbun Concepts open Hickory in Dallas Fort Worth International Airport

ATLANTA, 2017-May-24 — /EPR Retail News/ — Paradies Lagardère, the travel retail and restaurateur leader in North America, and Kent Rathbun Concepts, Dallas’ acclaimed culinary group, today (May 23, 2017) announced the opening of its newest concept, Hickory, in Dallas Fort Worth International Airport (DFW). Located in Terminal B, this will be the third of four partner concepts from both companies at the airport. Whitetail Bistro opened in September 2016, and Abacus opened in March 2017.

“We’re thrilled to bring Hickory to DFW, giving travelers an intriguing fusion of a premium sports bar and a high-end culinary experience,” said Bill Casey, senior vice president, Food and Beverage, Paradies Lagardère. “Paradies Lagardère’s offerings through Kent Rathbun Concepts – Hickory, Abacus and Whitetail Bistro – provide sophisticated dining environments and delicious, high-quality menu offerings that give the first-class, internationally-renowned experience travelers expect at DFW.”

“We are very excited to be opening our third restaurant at DFW with Paradies Lagardère! We feel like the addition of Whitetail Bistro, Abacus, and now Hickory will help elevate the culinary offerings at the airport,” said William Hyde, owner of Kent Rathbun Concepts.

Additional Information:

Hickory will blend Kent Rathbun Concepts’ consistent high-end culinary experience with Dallas’ rich sports tradition to create DFW’s premier sports bar serving creative barbeque, burgers and other dishes reminiscent of the all-American family “cookout.” Open for breakfast, lunch and dinner, Hickory’s offerings will showcase the best seasonal ingredients infused with bold, smoky flavors.

Guests will enjoy entrees such as the St. Louis-Style Pork Ribs, slowly prepared on the in-house smoker, as well as an assortment of enticing burgers and other handheld items. Decadent sides include the Blue Corn Grits and Cheddar Mac & Cheese, and the mouthwatering Skillet Cobbler. Diners can also take advantage of a full breakfast menu with offerings such as the Chili Trompo Tacos featuring scrambled eggs, cilantro and serrano cream. A dedicated kid’s menu is available for tiny travelers, of which 25 percent of retail sales will be donated to No Kid Hungry®.

High-end restaurants, quick-serve restaurants, bars and coffee shops are all a part of Paradies Lagardère’s Food and Beverage concepts. Brands have been tailored to entice travelers with the same familiar quality, variety, taste, and atmosphere as their favorite “at home” dining spots, while maintaining the highest levels of quality and service.

Paradies Lagardère was recently recognized for excellence in Food and Beverage. The USA Today 10Best Awards recognized Long Beach Airport, where Paradies Lagardère manages the full restaurant program, as its Best Airport for Dining two years in a row. Bar Symon, at Pittsburgh International Airport, also earned a spot in the top five for the USA Today 10Best awards for Best Airport Bar and Best Airport Bar Waitstaff.


Nicole V. Linton
Marketing Communications Manager
P: 404 494 3419
M: 470 455 1843

Source: Paradies Lagardère

New fundraising program at PetSmart stores to raise $1 million for Service Dogs for Heroes

  • PetSmart Makes it Easy for Shoppers to Donate to this Important Cause Memorial Day through Independence Day
  • Goal is to Raise $1 million to Train and Place Service Dogs With Eligible Veterans

WILTON, Conn. and PHOENIX, Ariz., 2017-May-24 — /EPR Retail News/ —Blue Buffalo, PetSmart Charities and PetSmart are teaming up to support and raise awareness for Service Dogs for Heroes, a nonprofit organization dedicated to training and placing service dogs with veterans who have bravely served America and may now be in need of the support a skilled service dog can provide. Through a new fundraising program established at all 1,388 PetSmart stores across the U.S., PetSmart shoppers can easily donate to this important cause Memorial Day (May 29) through Independence Day (July 4) at the checkout registers with a goal to raise $1 million for Service Dogs for Heroes.

Having served in the United States Marine Corp., BJ Ganem, program director and founder of Service Dogs for Heroes, has seen and experienced first-hand the impact that service dogs can have on veterans’ lives. While on patrol in Iraq in 2004, the vehicle BJ was driving was struck by an Improvised Explosive Device (IED) causing the loss of his lower left leg.

“I can’t thank Blue Buffalo and PetSmart Charities enough for how they have embraced and supported Service Dogs for Heroes to help us make a truly meaningful and positive impact on the lives and health of these men and women who have bravely served our country,” said Ganem. “Right now there aren’t enough service dogs available for all the veterans in need so this is truly a noble effort.”

A service dog is a type of assistance dog specifically trained to help people who have disabilities such as visual impairment, hearing impairment, mobility impairments and Post Traumatic Stress Disorder. Donations from this collaborative effort will support Service Dogs for Heroes. Service dogs help veterans in the following key areas:

  • Recognizing emotional cues and triggers
  • Providing mobility and stability support
  • Providing support with vision
  • Providing support with hearing

“Pets have an uncanny ability to enhance the human spirit through unconditional love. With the necessary training, service dogs can help veterans restore their physical independence following traumatic injuries,” said David Haworth, DVM, Ph.D., president of PetSmart Charities. “By working with Blue Buffalo and Service Dogs for Heroes to leverage the healing power of pets, we hope to help improve the quality of life and well-being of veterans.”

PetSmart Charities recently expanded its mission to include finding lifelong, loving homes for all pets by supporting programs and thought leadership that bring people and pets together. This new mission includes a year-round grant category specifically for enhancing the quality of life through pets. Grants from this category are designed to fund programs that train pets to become service animals for people when they need them the most.

“We are thrilled to team up with PetSmart Charities and PetSmart stores to increase awareness about service dogs for veterans and help raise funds for the necessary training. The program will run a little more than five weeks at PetSmart stores, and we look forward to meeting our goal of $1 million,” said David Petrie, Vice President Blue Buffalo Foundation.

PetSmart shoppers who are interested in participating may choose their donation amount at the check-out register.

For more information on these efforts, please visit

About Blue Buffalo Company

Blue Buffalo, based in Wilton, CT, is the nation’s leading natural pet food company, providing natural foods and treats for dogs and cats under its BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines. Paying tribute to its founding mission, the Company, through the Blue Buffalo Foundation, is a leading sponsor of pet cancer awareness and of critical research studies of pet cancer, including causes, treatments and the role of nutrition, at leading veterinary medical schools and clinics across the United States. For more information about Blue Buffalo, visit the Company’s website at

About PetSmart Charities®

PetSmart Charities, Inc. is a nonprofit animal welfare organization with a mission to find lifelong, loving homes for all pets by supporting programs and thought leadership that bring people and pets together. In addition to finding homes for almost 500,000 shelter pets each year through its in-store adoption program in all PetSmart stores across the U.S. and Puerto Rico, PetSmart Charities provides funding to non-profits aligned with its mission through four key areas of grant support: Preventing Pet Homelessness; Helping Shelter Pets Thrive; Supporting the Bond Between People and Pets; and Emergency Relief and Disaster Support. Each year, millions of generous PetSmart shoppers help pets in need by donating to PetSmart Charities using the pin pads at checkout registers inside PetSmart stores. In turn, PetSmart Charities efficiently uses 90 cents of every dollar donated and has become the leading funder of animal welfare in North America, donating about $300 million to date. PetSmart Charities, a 501(c)(3) organization, has received the Four Star Rating from Charity Navigator, an independent organization that reports on the effectiveness, accountability and transparency of nonprofits, for the past 14 years in a row — placing it among the top one percent of charities rated by this organization. To learn more visit

Follow PetSmart Charities on Twitter: @PetSmartChariTs
Find PetSmart Charities on Facebook:
See PetSmart Charities on YouTube:

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 7.4 million adoptions – more than any other brick-and-mortar organization. The company’s portfolio of digital resources for pet parents includes,,,,,, 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:
See PetSmart on YouTube:

*Ends 12/31/17.  5 oz. dog food, 1.5 oz. cat food donated to PetSmart Charities to feed dogs and cats in need.  See details at The actual number of meals donated is based on dog and cat food bags sold.  The meal donation estimate is based on historic sales for similar time periods. No guaranteed amount. Rescue Bank and Feeding America will help distribute a large portion of the pet food donation in the U.S.

About Service Dogs for Heroes

Service Dogs for Heroes is a non-profit 501 (c) (3) working to be a national leader for education, advocacy, promotion and funding necessary to connect high-quality service dogs to deserving veterans via a network of partner providers creating an effective and efficient resource that places emphasis on the physical and emotional wellness of our nation’s veterans. For more information please visit


PetSmart Charities
Phone: 623.587.2177
PetSmart Charities Newsroom

Source: Petsmart Inc.

BJ’s Wholesale Club Offers Businesses Unbeatable Value and Personalized Service with Launch of B2B Sales

BJ’s B2B division helps businesses increase their bottom line with special volume pricing and rewards on leading brands

WESTBOROUGH, Mass., 2017-May-24 — /EPR Retail News/ — BJ’s Wholesale Club today announced the launch of its B2B Sales division, offering businesses the best value and personalized service for volume orders. Businesses can take advantage of BJ’s special volume pricing, easy ordering and pickup and coordination of multiple pallet, truckload or container orders. Businesses can use purchases made through B2B Sales for individual needs or resale with a minimum purchase of $5,000.

“BJ’s B2B Sales division minimizes stress and maximizes savings for businesses,” said Mike Leary, senior vice president, food, sundries and beverages at BJ’s Wholesale Club. “BJ’s leverages its unique buying power to offer the lowest prices possible on grocery and general merchandise items, providing businesses with everything they need at an incredible value.”

BJ’s B2B Sales provides domestic and international businesses a streamlined process – from ordering to delivery with no extra fees. Orders are shipped directly to the BJ’s location chosen by the business.

Businesses can save even more through the BJ’s Volume Rewards Program, earning back 1.6 percent of in-Club or purchases – with no cap on rewards. Rewards are paid out monthly and applied toward future volume orders.

To learn more about BJ’s B2B Sales or to contact a B2B Sales Representative, visit

For smaller orders, BJ’s Wholesale Club also offers Members convenient shopping options including in-club shopping, and its recently launched PICK UP & Pay service.


About BJ’s Wholesale Club, Inc.
Headquartered in Westborough, Massachusetts, BJ’s is the leading operator of membership warehouse clubs in the Eastern United States. The company currently operates 214 clubs and 132 BJ’s Gas
® locations in 16 states. 

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

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

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

Kingfisher reports sales of £2.9 billion during 1Q 2017

  • Q1 LFL down 0.6% reflecting continued weaker sales in France and some business disruption from our ONE Kingfisher plan
  • Remain on track to deliver Year 2 strategic milestones
  • Returned further £79m (23m shares) year to date via share buyback of previously announced c.£600m capital return(3)

LONDON, 2017-May-24 — /EPR Retail News/ —

Véronique Laury, Chief Executive Officer, said: “We have set ourselves up well for our transformation, which continues in line with our plans. Strong performance in Screwfix and Poland continues, though performance in France remains weak. In addition, we are experiencing some business disruption given the volume of change, as we clear old ranges, remerchandise new ranges and continue the roll out of our unified IT platform.

“However, we are on track to deliver our Year 2 strategic milestones. Early customer reaction to our new ranges is encouraging, especially in France where our new unique bathroom ranges are launching first. We are also progressing well with our IT platform, which is now live in nearly a third of our Castorama France stores and which will enable us to build a much stronger digital offer.

“We remain confident in the size of the prize and our ability to deliver our long term plan, both the financial benefits of the transformation and the benefits to customers, supported by the continued expertise and energy of our colleagues.”

Q1 trading highlights by division (in constant currencies)


  • Total sales +1.4%. LFL +3.5% reflecting continued strong Screwfix performance and modest price inflation
    • B&Q UK & Ireland sales -4.6% reflecting annualisation of completed store closure programme. LFL +0.5% including benefit from sales transference associated with store closures(4) and strong digital growth (+31%). LFL of seasonal +17.5%. LFL of non-seasonal, including showroom -3.9%
    • Screwfix sales up +20.3% (LFL +12.6%) driven by its leading digital capability, new and extended ranges and new outlets


  • Total sales -5.0% (LFL -5.5%). Sales for the home improvement market (Banque de France data(5)) were down c.1% in Q1
    • Castorama sales -4.0% (LFL -4.3%). LFL of seasonal +3.3%. LFL of non-seasonal, including showroom -6.9%
    • Brico Dépôt sales -6.2% (LFL -6.8%)


  • Total sales in Poland +5.7% (LFL +3.5%) benefiting from a supportive market. LFL of seasonal -5.9%. LFL of non-seasonal, including showroom +5.2%


(1) Like-for-like sales growth representing the constant currency, year on year sales growth for stores that have been open for more than a year
(2) Brico Dépôt Romania, Brico Dépôt Portugal and Screwfix Germany
(3) Through to end of FY 2018/19 (over and above the annual ordinary dividend); now returned £279m of the c.£600m
(4) c.1% LFL sales transference benefit from B&Q store closures remains full year guidance
(5) Includes relocated and extended stores

This announcement can be downloaded from or viewed on the Kingfisher IR iPad App. Data tables for Q1 2017/18 are available for download in excel format at
Our next announcement will be the Q2 sales update on 17 August 2017.

We can be followed on Twitter @kingfisherplc with the Q1 results tag #KGFQ1. Kingfisher American Depository Receipts are traded in the US on the OTCQX platform:(OTCQX: KGFHY)

Forward-looking statements

You are not to construe the content of this announcement as investment, legal or tax advice and you should make your own evaluation of the Company and the market.  If you are in any doubt about the contents of this announcement or the action you should take, you should consult a person authorised under the Financial Services and Markets Act 2000 (as amended) (or if you are a person outside the UK, otherwise duly qualified in your jurisdiction).

This announcement has been prepared in relation to the financial results for the Quarter ended 30 April 2017. The financial information referenced in this announcement is not audited and does not contain sufficient detail to allow a full understanding of the results of the group.  Nothing in this announcement should be construed as either an offer or invitation to sell or any offering of securities or any invitation or inducement to any person to underwrite, subscribe for or otherwise acquire securities in any company within the group or an invitation or inducement to engage in investment activity under section 21 of the Financial Services and Markets Act 2000 (as amended).

Certain information contained in this announcement may constitute “forward-looking statements” (including within the meaning of the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995), which can be identified by the use of terms such as “may”, “will”, “would”, “could”, “should”, “expect”, “anticipate”, “project”, “estimate”, “intend”, “continue”, “target”, “plan”, “goal”, “aim” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding the Company’s intentions, beliefs or current expectations concerning, among other things, the Company’s results of operations, financial condition, changes in global or regional trade conditions, changes in tax rates, liquidity, prospects, growth and strategies.  By their nature, forward-looking statements involve risks, assumptions and uncertainties that could cause actual events or results or actual performance of the Company to differ materially from those reflected or contemplated in such forward-looking statements. No representation or warranty is made as to the achievement or reasonableness of and no reliance should be placed on such forward-looking statements.

The Company does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in the Company’s expectations.


Investor Relations:
+44 (0) 20 7644 1082

Media Relations:
+44 (0) 20 7644 1030

Teneo Blue Rubicon
+44 (0) 20 7260 2700

Source: Kingfisher