Amazon-Whole Foods Deal to Heighten Industry Competition

Amazon-Whole Foods Deal to Heighten Industry Competition

The acquisition will further immerse Amazon in the $611.9-billion Supermarkets and Grocery Stores industry, where Whole Foods holds a 2.7% market share.

Los Angeles, CA, 2017-Jun-16 — /EPR Retail News/ —This morning, Amazon announced plans to acquire Whole Foods Market in a $13.7 billion deal. The acquisition will further immerse the e-tailer in the $611.9-billion Supermarkets and Grocery Stores industry, where Whole Foods holds a 2.7% market share.

According to IBISWorld Industry Analyst Madeline Hurley, “Although industry revenue is only set to rise at an annualized rate of 0.8% over the five years to 2022, the transaction will allow the online retail giant to boost not only its grocery sales, but expand its brick-and-mortar presence.”

This is not the first time Amazon has dabbled in brick-and-mortar retailing. In 2015 the company  opened a physical book store in Seattle and now operates a total of eight locations nationwide. Over the next five years as the retail sector becomes even more competitive, retail powerhouses like Amazon and Walmart are expected to invest in both online and physical stores in order to maximize their market share.

About IBISWorld Inc. Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. For more information, visit www.ibisworld.com or call 1-800-330-3772.

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For free access to the Supermarkets and Grocery Stores industry report or interviews with our retail sector analyst, please contact Kathryn White at kathryn.white@ibisworld.com

Joseph Seviroli Inc. recalls beef ravioli products due to undeclared milk

WASHINGTON, 2017-Jun-16 — /EPR Retail News/ — Joseph Seviroli Inc., a Garden City, N.Y. establishment, is recalling approximately 114,409 pounds of beef ravioli products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today ( June 13, 2017). The products contain, milk, a known allergen which is not declared on the products labels.

The beef ravioli items were produced on Jan. 9, 2017 to May 10, 2017. The following products are subject to recall:

  • 25-oz. bag of “LOWES foods beef ravioli square shaped,” with lot code 7040 and a sell by date of 2/9/2018.
  • 30-oz. bag of “Big Y SQUARE Beef Ravioli,” with lot code 7009 and 7130, and sell by dates of 1/9/18 and 5/10/2018.
  • 13-oz. bag of “Seviroli Beef Ravioli,” with lot codes 7041, 7042, 7107, 7109, 7118, 7130, and 7079, and sell by dates of 2/10/18, 2/11/18, 4/17/18, 4/19/18, 4/28/17, 5/10/18, and 3/20/18.
  • 24-oz. bag of “BEST YET beef ravioli,” with lot code 7065 and a sell by date of 3/6/18.
  • 20-lb bulk bag of “SEV MINI HEX BEEF RAVIOLI PAR-COOKED,” with lot codes 7034, 7065 and 7100 and package codes of 7034, 7065, and 7100
  • 20-oz bag of “V’s PRE-COOKED SQUARE BEEF RAVIOLI,” with lot codes 7034, 7040, 7065 and 7100 and sell by dates of 2/3/18, 2/9/18, 3/6/18, and 4/10/18.

The products subject to recall bear establishment number “EST. 5342” inside the USDA mark of inspection. These items were shipped to distribution locations in Missouri, New Jersey, Ohio, and Rhode Island.

The problem was discovered on June 6, 2017, when the company received notification from an ingredient supplier that the cracker meal the company received and used in the recalled products potentially contained undeclared milk.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers and media with questions about the recall can contact Lauren Eickhoff, Customer Service Representative, at (516) 222-6220 Ext 159.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Contact:

Congressional and Public Affairs
Gabrielle N. Johnston
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

OFD Foods, LLC. recalls beef product that may be contaminated with extraneous materials

WASHINGTON, 2017-Jun-16 — /EPR Retail News/ — OFD Foods, LLC., an Albany, Ore. establishment, is recalling approximately 197 pounds of beef product that may be contaminated with extraneous materials, specifically rubber, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced toda)y (June 13, 2017).

The beef hash item was produced on Dec. 22, 2016. The following product is subject to recall: 

  • 3.88-oz. pouch of “MOUNTAIN HOUSE FREEZE DRIED SPICY SOUTHWEST BREAKFAST HASH,” with pouch code 3253174 and best by date of Dec. 2046.

The product subject to recall bears establishment number “EST. 1394” inside the USDA mark of inspection. This item was shipped to retail locations nationwide and sold directly to consumers through internet sales.

The problem was discovered when a firm employee reported finding pieces of rubber in the product on June 12, 2017.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

Consumers who have purchased this product are urged not to consume it. This product should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers with questions about the recall can contact OFD’s Customer Service Center at 1-800-547-0244. Media with questions about the recall can contact Becky Boyer, Assistant to the President, at (541) 967-6525.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Contact:
Congressional and Public Affairs
Gabrielle N. Johnston
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

Golden Platter Foods Inc. recalls poultry and beef products due to misbranding and undeclared allergens

WASHINGTON, 2017-Jun-16 — /EPR Retail News/ — Golden Platter Foods Inc., a Newark, N.J. establishment, is recalling approximately 31,662 pounds of poultry and beef products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today (June 14, 2017). The products contain, milk, a known allergen which is not declared on the products labels.

The ready-to-eat turkey, chicken, veal and beef items were produced on various dates between March 16, 2017 and June 7, 2017. The following products are subject to recall:

  • 24-lb bulk cases containing 3-lb. plastic liner retail bags of “Western Beef Fully Cooked CHICKEN TENDERS,” with case code 04952.*
  • 24-lb bulk cases containing 3-lb. plastic liner retail bags of “Western Beef Fully Cooked Chicken Patties,” with case code 04951.*
  • 10-lb bulk cases of “Golden Platter Fully Cooked CHICKEN PATTIES Breaded Nugget Shaped Patties,” with case code 21017.
  • 24-lb bulk cases containing 3-lb. retail bags of “Western Beef Fully Cooked CHICKEN NUGGETS,” with case code 04950.*
  • 20-lb bulk cases of “Golden Platter HALAL Fully Cooked BEEF MEAT BALLS,” with case code 12012.
  • 10-lb bulk cases of “Golden Platter HALAL Fully Cooked CHICKEN NUGGETS Breaded Nugget Shaped Patties,” with case code 21020H.
  • 10-lb bulk cases of “Golden Platter Fully Cooked Breakfast Style Turkey Patties,” with case code 18610.
  • 10-lb bulk cases of “Golden Platter HALAL Fully Cooked Breaded BEEF PATTIES,” with case code 11001.

*Products marked with an asterisk have an additional exterior label. Please click the label link above to view.

The products subject to recall bear establishment number “EST. 8813” inside the USDA mark of inspection. These items were shipped to retail and institutional locations in Massachusetts, New Jersey, New York, and Pennsylvania.

The problem was discovered on June 6, 2017, when the company received notification from an ingredient supplier that the batter and cracker meal the company received and used in the recalled products potentially contained undeclared milk.

There have been no confirmed reports of adverse reactions due to consumption of these products. Anyone concerned about an injury or illness should contact a healthcare provider.

Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

Consumers and media with questions about the recall can contact Scott Bennett, President, at (973) 344-8770.

Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from 10 a.m. to 6 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: https://www.fsis.usda.gov/reportproblem.

USDA Recall Classifications
Class I This is a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death.
Class II This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.
Class III This is a situation where the use of the product will not cause adverse health consequences.

Contact:
Congressional and Public Affairs
Gabrielle N. Johnston
(202) 720-9113
Press@fsis.usda.gov

Source: USDA

iD Mobile launches new postpay offer on Handset and SIM Only

  • One plan with three great features all as standard: data rollover, bill capping and Roam Like at Home
  • Roam Like at Home to cover 50 destinations in the EU and beyond – more than any other MVNO
  • Existing customers automatically get benefits added to their plans

London, 2017-Jun-16 — /EPR Retail News/ — iD Mobile is launching a new postpay offer on Handset and SIM Only by bringing together the very best of its GoTo, Shockproof and TakeAway propositions into one simple 4G plan.

Launching 15 June, iD Mobile Pay Monthly handset and SIM Only customers will now enjoy the benefits of automatic data rollover, bill capping AND inclusive roaming in 50 destinations worldwide. Having all these benefits as standard in one single plan on both handset and SIM Only truly sets iD Mobile apart from anyone else.

What’s more, showing its commitment to customer service, iD Mobile is extending its returns policy to 30 days when any plan is bought on iD Mobile online. Moving beyond the industry standard of 14 days, this will give customers even more time to try out the iD Mobile network to make sure it’s right for them.

Data rollover for all

iD Mobile launched data rollover in 2016, and was the first UK network to allow customers to roll over any unused data from one month to the next for free. Now, it’s extending this compelling service to all Pay Monthly customers, offering more flexibility when using their data.

Bill capping to put customers in control

All customers can now set their own spending limit when it comes to their monthly bills, helping to prevent bill shock, no matter whether that’s at home or abroad. Customers will be able to adjust their cap, track and manage usage all through the easy-to-use iD Mobile app.

Roam Like at Home in 50 destinations

iD Mobile is leading the way in the MVNO market and going beyond EU regulations by offering all customers across its Pay Monthly handset, SIM Only and Pay As You Go plans, the ability to ‘Roam Like at Home’ and use their UK minutes, texts and data in 50 destinations worldwide* – more than any other MVNO.

Adam Dunlop, General Manager at iD Mobile, comments: “We’re shaking up the market to offer key benefits that are uniquely available on every iD Mobile contract plan. Unlike other networks, we are providing these as standard on all SIM Only and handset plans regardless of price point. At iD Mobile, we passed the half a million customer point earlier this year, and as we celebrate our second birthday, this is the next step in building a network that provides even greater value and control for UK mobile customers. We look forward to welcoming more customers to iD Mobile, and can’t wait to hear what they have to say about the new plans.”

For more information, go to: www.idmobile.co.uk/our-plans

*Full list of roam like at home destinations:
Austria, Azerbaijan, Azores, Belarus, Belgium, Bulgaria, Canary Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Kazakhstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Madeira, Malta, Martinique, Monaco, Netherlands, Norway, Poland, Portugal, Réunion, Romania, Saint-Barthélemy, Saint-Martin, San Marino, Slovakia, Slovenia, Spain, Sweden, Vatican City.

Notes to editors:

All existing customers will continue to benefit from the plans that they are on whilst also enjoying additional features which will automatically be applied.

GoTo ShockProof TakeAway DataOnly
Existing features prior to 15 June Data Rollover Bill capping Free roaming in 29 countries including the EU, USA and Australia
New features from 15 June Data Rollover

]Bill capping

Roam like home in 50 destinations

Bill capping

Roam like home in 50 destinations

Roam like home in 50 destinations plus the USA and Australia

Bill capping

Bill capping

Roam like home in 50 destinations

About iD Mobile

Launched in May 2015, iD Mobile UK is Carphone Warehouse’s 4G network operator. Its flexible 4G plans are amongst some of the best value in the UK. These range from great value SIM Only deals, to plans that include the very latest flagship smartphones.

iD Mobile UK is built around its customers, and puts them firmly in control – they can cap their monthly spend, roll over unused data to the next month, and even roam like at home in 50 destinations at no extra cost. iD Mobile UK customers can manage their account online or by using the free smartphone app, where they can buy add-ons, and view their usage whilst they’re on the move. iD Mobile UK runs on the Three network.

About Dixons Carphone

Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in eleven countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and Knowhow.

Dixons Carphone’s primary brands include Carphone Warehouse, CurrysPCWorld and Simplifydigital in the UK & Ireland, Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten Phonehouse, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, Dixons Travel in a number of UK & Ireland airports and Phone House in Spain. Our key service brands include Knowhow in the UK, Ireland and the Nordics, and Geek Squad in the UK, Ireland and Spain.

Business-to-business (B2B) services are provided through Connected World Services (including honeyBee software products), PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

Dixons Carphone was voted ‘Retailer of the Year’ at the Retail Week Awards 2016.

For more information, please contact:
M&C Saatchi PR on:
ID@mcsaatchi.com
>0207 544 3600

Source: Dixons Carphone

SPAR releases The second issue of Contact International for 2017

Düsseldorf, 2017-Jun-16 — /EPR Retail News/ — In this edition, we share the 2016 SPAR worldwide results and reflect on what was another hugely successful year for the SPAR Brand with growth of 4.5%. We look at the trends arising from this year’s EuroShop and SPAR Store Development Seminar in Düsseldorf and we share the success of strengthening our brand exposure through the sustained investment in athletics sponsorship, most recently at the 2017 European Athletics Indoor Championships in Belgrade.

We feature interviews with Lex Hollmann from SPAR South Africa and Krisztina Várkonyi of SPAR Hungary, whose inspiring stories are outlined in our regular Local Champion and SPAR Star stories. We also highlight the rapid development of SPAR China’s Supply Chain and feature a country profile of SPAR Spain, hosts of this year’s SPAR International Congress – more of that event in issue 3-2017.

To read these and other stories about SPAR worldwide, follow this link. Missed any of the previous issues? No problem, visit our archive page to view earlier editions.

The magazine is available in six languages (English, Spanish, German, French, Italian and Mandarin Chinese). The link will automatically open the English language version. To switch between languages, simply click on the arrow next to the country flags on the menu bar in the desktop version and for mobile, simply select your language in the contents list.

Contact:

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

Source: Spar International

Best Buy School Tech Grant program announces recipient schools

  • From more than 515 applicants, 11 elementary schools across Canada have been awarded cash grants of up to $10,000 each
  • Recipients will use grants to enhance or integrate technology used in various classroom programs or extracurricular activities

Burnaby, BC, 2017-Jun-16 — /EPR Retail News/ — Best Buy Canada is proud to announce that 11 elementary schools across the country have been selected to receive funding of up to $10,000 each through the Best Buy School Tech Grant program.

The recipient schools will use these grants to give students access to the latest in computer and digital technology, helping to keep students motivated and engaged as they learn and grow. The tech upgrades will support programs such as coding classes, makerspaces, tech for children at-risk, and even an experiential outdoor learning program.

“We were overwhelmed not only by the number applications we received, but by the diverse and innovative submissions from teachers and principals across Canada,” said Karen Arsenault, Best Buy Canada’s Community Relations Manager. “Successful applicants clearly illustrated the impact this technology will have on their students as they strive to take learning to the next level and provide unique experiences and new ways of finding success in the classroom.”

The 11 schools receiving a Best Buy School Tech Grant are:

General Grants:

  • École Des Grands-Êtres – Saint-Laurent, QC
  • École Du Grand-Héron – Lasalle, QC
  • Highwood School – Calgary, AB
  • Lakewoods Public School – Oshawa, ON
  • Oak Lake Community School – Oak Lake, MB

STEM Grants:

  • Courtenay Elementary School – Courtenay, BC
  • East Three Elementary School – Inuvik, NT
  • Lord Strathcona Elementary – Vancouver, BC
  • Port Elgin Regional School – Port Elgin, NB
  • St. Jane Frances Catholic Elementary School – Toronto, ON
  • Tosorontio Central Public School – Everett, ON

General Tech Grants are designed to help improve or integrate technology in classrooms to advance student learning. This could include new technologies including libraries, special needs classrooms, literacy programs and more. STEM Tech Grants are for schools looking to enhance technology in programs pertaining to Science, Technology, Engineering, and Math, which includes robotics clubs, math programs, computer coding and digital media courses.

All 11 schools will receive their funding in the coming weeks and celebrations will occur at the schools with the support of local Best Buy teams.

Best Buy Canada focuses its community investment on supporting youth to connect with technology to inspire, motivate and empower their education. Through this mission, Best Buy has provided more than 150 Canadian schools with grants to purchase new technology, in addition to offering post-secondary scholarships and supporting youth with hands on tech learning opportunities.

In the fall, Best Buy School Tech Grants will offer secondary schools the opportunity to apply for funding for new technology. Educators interested in being notified when grants are next available can email schoolgrants@bestbuycanada.ca.

For more information about Best Buy’s community investments, visit www.BestBuy.ca/Community.

About Best Buy

As a wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY), Best Buy Canada Ltd. is one of Canada’s largest and most successful omni-channel retailers, operating the Best Buy, Best Buy Mobile and Geek Squad (www.geeksquad.ca) brands. With nearly 200 Best Buy and Best Buy Mobile stores across Canada, and an expanded assortment of lifestyle products offered through BestBuy.ca, Best Buy is a leader in Total Retail, catering to customers how, when, and where they want to shop. Best Buy Canada is committed to making a positive impact in the community with programs and partnerships that support youth to connect with technology to advance their education. For more information visit BestBuy.ca.

Media contact: 

Laura Mitchell
E : laurmitchell@bestbuycanada.ca
T : +1 (604) 412-1196

Source: BestBuy

Schnucks: Earth’s Best issues allergy alert on select Kidz Fish Nuggets that may contain undeclared milk

ST. LOUIS, 2017-Jun-16 — /EPR Retail News/ — Earth’s Best has issued an allergy alert on select Earth’s Best Kidz Fish Nuggets because the products may contain undeclared milk – a known allergen. Those with an allergy or sensitivity to milk run the risk of a severe or life-threatening reaction if they consume these products:

Schnucks customers are urged to check for:

Earth’s Best Kidz Fish Nuggets
8 oz.
UPC: 02392320639
Best By: 23 Jan 18 and 20 Feb 18

Customers may return the affected product to their nearest store for a full refund. Those with questions may contact the Schnucks Consumer Affairs department at 314-994-4400 or 1-800-264-4400.

This product was carried at the following Schnucks stores:

Missouri:
Wildwood     16580 Manchester Road     Wildwood, MO 63040

Illinois:
Bloomington     1701 East Empire Street     Bloomington, IL 61701

Roscoe     4860 Hononegah Road     Roscoe, IL 61073
Mulford     2601 North Mulford Road     Rockford, IL 61114

Media Contact:

Paul Simon
314-994-4603
psimon@schnucks.com

Source: Schnucks

Inditex recorded net sales growth of 14% in the first quarter of 2017 to €5.6 billion

  • The Group generated over 10,668 new jobs over the year, 2,242 of which were in Spain.
  • In April, the company distributed €42 million among 84,000 employees as phase two of its extraordinary employee profit-sharing plan.
  • In total, between commission, incentives and bonuses, the Group has distributed €535 million to its staff over the past year.
  • The reporting period was marked by strong business performance.
  • Sales growth in constant currency was 12.5%.
  • Net profit rose by 18% to €654 million.
  • Zara’s online platform went live in Malaysia, Thailand, Singapore and Vietnam during the first quarter.
  • Sales in constant currency terms increased by 12% from 1 February to 3 June 2017.

Arteixo, Spain, 2017-Jun-16 — /EPR Retail News/ — Inditex recorded net sales growth of 14% in the first quarter of 2017 (1 February – 30 April) to €5.6 billion, underpinned by a solid business performance. Sales growth in constant-currency terms was 12.5%. Net profit amounted to €654 million, up 18% from the first quarter of 2016.

Job creation

The Group has generated some 10,668 new jobs over the past twelve months, 2,242 of which were in Spain. In April, the company distributed €42 million to around 84,000 employees with at least two years’ service in its stores, manufacturing facilities, logistics platforms, brands and subsidiaries as phase two of its extraordinary employee profit-sharing plan.

The plan is equivalent to a payout of 10% of the annual growth in net profit, which equated to €28 million in 2016. The Group subsequently increased this by a further €14 million.

During the 2015/2016 extraordinary profit-sharing plan, the Group has now distributed €79.4 million to its staff. In addition, the Group has announced a new profit-sharing plan with similar characteristics for 2017/2018.

This €42 million payment comes in addition to the €493 million paid out to the entire workforce in the form of performance-based bonuses and commission in 2016. These combines with the fixed wages, that totalled €3,10 billion in 2016.

Sustainability is the bedrock of this 32,000 square metre facility: the façade features automated features to enhance energy efficiency. Indigenous plants requiring little water have been planted in certain areas and are watered using a system that reuses rainwater. These efficiency measures will reduce energy use by 45% and water use by 30%. In addition, the use of locallysourced recyclable materials and the building’s heating system should qualify the building for LEED Gold certification.Meanwhile, the company continued to invest in growth through the constant modernisation and renewal of its stores and facilities. This investment continues to be framed by social responsibility and environmental criteria. The opening of the new Stradivarius offices in the Vallés area of Cerdanyola (Barcelona) during the quarter stands out as a key moment during the quarter. The brand’s design and central services staff have been moved to the new facility.

The Green Building Council has awarded its LEED Gold certification to Oysho’s headquarters in Tordera during the first quarter.

In addition, in the months of May and June, the company announced plans to build two new logistics hubs over the coming months, one in the Dutch town of Lelystad and the other in A Laracha in Galicia, Spain. These hubs will complement and support the Group’s existing central logistics platforms in Spain. Investment in these new facilities will exceed €150 million.

Growth across all regions

All of the Group’s brands increased their international presence, expanding their integrated physical and online store platforms. Four new e-commerce markets were added during the quarter, with Zara launching online operations in Thailand, Malaysia, Singapore and Vietnam. In parallel, the Group continued to expand and refine its presence in its 93 operating markets, ending the period with 7,385 stores. Zara is due to launch online in India during the second half of the year.

The first quarter was marked by a notable number of flagship store openings. In Madrid, Zara opened a four-storey, 6,000 square metre store at Castellana 79, in the heart of the iconic Azca business and retail district. The new store stands apart for its eco-efficiency credentials, as it has been fitted with the latest innovations which will deliver savings in water and energy consumption of 45% and up 20%, respectively. As a result, it holds LEED Gold certification.

Massimo Dutti opened the doors of a two-storey establishment of over 1,000 metres in central Moscow (Russia) which houses the brand’s men’s, women’s and limited-edition collections. This new flagship store, located on Kuznetsky Most street, combines innovative architectural features with the historic building’s original features.

Zara Home, meanwhile, also opened important new stores, including 600 square metre flagship stores on the busy Bahnhofstrasse in Zurich (Switzerland) and on Kärntner Strasse in Vienna (Austria), the latter located in a building opposite the opera house which has been refurbished to preserve its original aesthetics and structure. In May, this brand also inaugurated a flagship store on Shanghai’s West Nanjing Road (China).

Uterqüe opened a particularly special store on Barcelona’s Paseo de Gracia (Spain), one of the world’s most important shopping streets. The store’s aesthetic is based in Uterqüe’s new store image, which is understated yet sophisticated. It features a vertical garden in the middle of the store which provides freshness and vibrancy.

In May, Zara opened the doors of its new flagship store in the Ismail Building in Mumbay (India). In inaugurating this new store, which boasts a total floor area of around 4,800 square metres, the company’s in-house architectural team conducted extensive research work in order to restore one of the city’s oldest and most emblematic buildings, while introducing all of the eco-efficiency measures being rolled out by the Group in order to deliver energy and water consumption savings of 30% and 50%, respectively, making it a candidate for LEED certification in the process.

Pull&Bear also opened in May its first Parisian flagship store on Rue de Rivoli, just a few metres away from the Louvre Museum, the Notre Dame Cathedral and the George Pompidou Centre. The establishment, which spans 550 square metres, stands out for its imposing neoclassic façade which was decorated with illustrations specially designed for the occasion by American artist Andy Remeter for the first few days after the store’s inauguration.

Oysho, the Inditex Group’s underwear and gymwear brand, opened over a dozen new stores during the quarter and in May it opened its new two-storey, 720 square metre flagship store on Vía Roma, one of the most emblematic streets in Turin’s historic district.

In parallel, the Group continued to expand and/or refurbish some of its most iconic stores. In Paris (France), Zara reopened its emblematic store in the Opera district; the establishment now spans 4,000 square metres in total and presents impressive façades looking on to Boulevard des Capucines and Rue Halevy, opposite the Garnier Opera House.

Paris was also home to the reopening of the Bershka flagship store on Rue de Rivoli, where it has unveiled its new Stage store image and concept in a bigger space in the heart of the French capital.

Stradivarius, meanwhile, reopened the doors of its renovated 900 square metre flagship store on Portal del Angel in Barcelona (Spain). During the reopening, Inditex’s youth brand also commemorated the milestone of reaching 1,000 stores worldwide.

Commercial initiatives

All of the brands launched novel commercial initiatives in early 2017. Massimo Dutti launched #DressedinDutti, a new Instagram initiative which enables shoppers to purchase from the content shared on this social network. For the launch of the new hashtag and web section, the brand used Italian influencer Diletta Bonaiuti as ambassador. #DressedinDutti is available in 13 countries, including Spain, the US, Russia, the UK, Mexico and Italy, among others.

Oysho, meanwhile, extended its support for sporting events. In Lisbon, the brand was responsible for the design and production of the official T-shirt for the local women’s race, Corrida da Mulher, and in Rome it was the Local Major Partner for the Race for the Cure charity run for the third year running. In a new development, this year Oysho organised the official practice runs for both events, which started from the Oysho Galleria Colonna and the Oysho Rua Garret stores in the case of the Rome and Lisbon races, respectively.

Zara also embarked on a range of initiatives, including the Exotic Allure, Blooming and Mustard’s Garden collections and the limited-edition online TRF collection called Oil On Denim.

The world of motorbike racing inspired Pull&Bear once again this quarter with the brand not only announcing its official sponsorship of Marc Márquez and the Honda HRC motor-racing team for 2017 and 2018, but also launching the first collection designed by the rider himself along with the brand’s creative teams. The Marc Márquez x Pull&Bear collection is on sale in a selection of stores around the world and on the brand’s website www.pullandbear.com.

Elsewhere, in order to mark the 56th edition of the Salone Internazionale del Mobile furniture trade fair in Milan, Zara Home presented La Grande Illusione, a pop-up installation in the Piazza San Babila store designed in collaboration with the British set designer and art director Simon Costin.

For this project, the Zara Home team and Simon Costin worked jointly to develop a concept that would bring the brand closer to the world of art and design by means of a spectacular montage in which the brand’s 2017 spring-summer collections take centre stage.

This collaboration was rounded out with the input of another talented British artist: photographer Tim Walker participated in the initiative with a series of six photographs in which the dresses imagined by Simon Costin come to life through his lens.

Stradivarius also had an active start to the year. One of the most noteworthy initiatives was the celebration in May of the third edition of its Summer Expedition, an annual trip which brings a group of international influencers to top destinations, in collaboration with Vueling. Specifically, the brand brought 16 influencers to Marrakesh (Morocco), where it presented its spring/summer 2017 collections and they enjoyed three activity-filled days

Giving back to the community

On the social and environmental responsibility front, the company’s for&from programme attained a new milestone when it opened a new Tempe store in the Sambil Outlet shopping centre in Leganés (Madrid, Spain), which is managed by people with disabilities.

The store has a headcount of 18 people and a floor area of 500 square metres. It sells the shoes and accessories made by Tempe for all of the Group’s brands (Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe) and is managed by the Prodis Foundation, an organisation devoted to integrating people with disabilities into the workforce.

With this new addition, Inditex has opened 12 for&from stores, which employ 144 people, in collaboration with specialist charitable organisations.

2Q17 trading update

Sales in constant currency terms increased by 12% from 1 February to 3 June 2017.

Inditex has scheduled its Annual General Meeting for 18 July. The Board of Directors will ask the company’s shareholders to approve the payment of an overall dividend from 2016 profits of €0.68 per share, €0.34 of which was already paid out on 2 May 2017; the balance would be paid on 2 November 2017.

Contact:

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex