Daily Archives: July 15, 2017

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Russian food retailer O’KEY Group S.A. appoints Tariel Bokuchava as its new Director of Information Technologies

MOSCOW, Russia, 2017-Jul-15 — /EPR Retail News/ — O’KEY Group S.A. (LSE: OKEY, the “Group”), one of the leading Russian food retailers, announces the appointment of Tariel Bokuchava as its new Director of Information Technologies.

All materials published by the Group are available on its website www.okeyinvestors.ru.

Mr. Bokuchava is succeeding Nikolay Zatravin from July 2017. In the role of Information Technologies Director, Mr. Bokuchava will be primarily focused on modernization and improvement of IT system processes and infrastructure.

Tariel Bokuchava, 37, has a broad experience in IT industry. Since 2015, he has been IT Support & Operations Director of X5 Retail Group, where he was responsible for improvement of IT services stability, acceleration of IT capacity management routines and optimization of incident management. Prior to that,  Mr. Bokuchava held various executive positions at the X5 Retail Group IT department, overseeing IT projects related to office operations and business transformation. Up to 2013, he was managing a business application department at “Mars” LLC. Mr. Bokuchava holds degree in Computational Mathematics and Computer Science from the Moscow State University. He speaks Russian and English.

Miodrag Borojević, Chief Executive Officer of O’KEY Group, said:
“We are pleased to welcome Tariel Bokuchava to the management team. With the constantly evolving retail market and strong competition, we strive to be at the cutting edge of modern technologies in our business. I am confident that modernization and automation of IT infrastructure, backed by Tariel’s level of expertise, will enable us to be fast and efficient in delivering our strategic initiatives.”

Tariel Bokuchava commented:
“I am delighted to be joining O’KEY Group at a time of strategic transformation. I look forward to realizing the significant opportunities available to us. I believe that the new strategic course set by the management aimed at processes optimization and modernization is essential for any business with ambitions of market leadership. I look forward to implementing and streamlining high-end IT solutions for the overall benefit of O’KEY Group.

COMPANY OVERVIEW
O’KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket which operates under the “O’KEY” brand, complemented by O’KEY supermarkets. The Group is developing an innovative discounter format under the “DA!” brand. O’KEY is the first among Russian food retailers to launch e-commerce operations in St. Petersburg and Moscow, based on its hypermarket assortment.

The Group opened its first hypermarket in St. Petersburg in 2002 and has since demonstrated continuous growth. As of July 10, 2017, O’KEY operates 109 stores across Russia – 72 hypermarkets, 37 supermarkets and 55 discounters under the “DA!” brand.

Disclaimer
These materials contain statements about future events and expectations that are forward-looking statements. These statements typically contain words such as “expects” and “anticipates” and words of similar import. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this announcement should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in this announcement. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

For further information please contact:
Veronika Kryachko
Head of Investor Relations
+7 495 663 6677 ext. 404
Veronika.Kryachko@okmarket.ru
www.okeyinvestors.ru

Source: O’KEY Group

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Former Bulgari Executive Alessandro Bogliolo to become the next CEO of Tiffany & Co.

Former Bulgari Senior Executive and Current Diesel CEO Brings Deep Luxury Market Experience

NEW YORK, 2017-Jul-15 — /EPR Retail News/ — Tiffany & Co. (NYSE: TIF) today ( July 13, 2017) announced that its Board of Directors has unanimously named Alessandro Bogliolo the Company’s next Chief Executive Officer. He is expected to assume the role by October 2, 2017 and upon joining the Company will also join the Board of Directors.

Mr. Bogliolo, 52, is a veteran luxury industry executive who previously served for 16 years at Bulgari SpA, including in the roles of Chief Operating Officer and Executive Vice President, Jewelry, Watches & Accessories. Most recently, he has served as Chief Executive Officer of global apparel and accessories company Diesel SpA, where he has led the company’s efforts to revitalize its brand and enhance the customer experience. During his career, Mr. Bogliolo has worked in a broad range of countries, including China, Singapore, Italy, France, Spain and the United States.

“Today’s announcement concludes the Board’s thorough process to identify and recruit an accomplished leader to position the Company for sustainable growth in the years ahead,” said Michael J. Kowalski, Chairman and interim CEO. “Alessandro has a well-deserved reputation for creativity and execution, having previously led a number of international brands to success and improved performance. I also believe that his vision and team-oriented approach make him an ideal fit with Tiffany’s long-standing values. Tiffany is an iconic brand and is at an important time in its history. We look forward to Alessandro and the Tiffany team delivering a distinctive vision of luxury and style to our customers around the world, while also focusing on driving attractive returns for our shareholders.”

Independent Director Rose Marie Bravo, speaking as the Chairwoman of the Search Committee of the Board of Directors, said, “We are delighted to have been able to attract a leader who has the global experience and passion for our brand and heritage to drive extraordinary design, outstanding customer experience and capital efficiency. He is a proven executive with the skills necessary to accelerate revenue growth and increase value for all shareholders during this next chapter for Tiffany.”

“I am honored and excited by the opportunity to lead this remarkable Company,” said Mr. Bogliolo. “Tiffany, with its legendary history, has always represented luxury, style, and an extraordinary standard of quality and excellence, and I look forward to working with the Board and the rest of the Tiffany team to build on this foundation. It is my goal to continue to delight our customers with compelling product offerings, supported by best-in-class operations. I am committed to strengthening the Company’s position as one of the world’s most important luxury brands and delivering value for all of our stakeholders.”

About Alessandro Bogliolo
Mr. Bogliolo has been CEO of Diesel SpA, a global apparel and accessories company based in Breganze, Italy, since 2013. Previously, he was Chief Operating Officer, North America at Sephora USA Inc. from 2012 to 2013. Mr. Bogliolo spent 16 years at Bulgari SpA from 1996 to 2012, including most recently as Chief Operating Officer. He started his career at the global consulting firm Bain & Co., after graduating from Università Bocconi with a degree in business administration and later completed the International Management Program at HEC Paris.

About Tiffany
Tiffany is the internationally renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit www.tiffany.com.

Forward-Looking Statements:
Statements contained in this document that are not statements of historical fact, including those that refer to the vision for the Company and the plans, strategies and goals of our new Chief Executive are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

The potential risks and uncertainties that could cause the Company’s actual results, performance or achievements to differ from the predicted results, performance or achievements include, among others, global macroeconomic and geopolitical developments; changes in interest and foreign currency rates; changes in taxation policies and regulations; shifting tourism trends; regional instability, violence (including terrorist activities), political activities or events, and weather conditions that may affect local and tourist consumer spending; changes in consumer confidence, preferences and shopping patterns, as well as our ability to accurately predict and timely respond to such changes; shifts in the Company’s product and geographic sales mix; variations in the cost and availability of diamonds, gemstones and precious metals; changes in our competitive landscape; and our ability to successfully control costs and execute on, and achieve the expected benefits from, our operational and strategic initiatives.

Additional information about potential risks and uncertainties that could affect the Company’s business and financial results is included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2017, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law or regulation.

Contact:

Mark L. Aaron
212-230-5301
mark.aaron@tiffany.com

Source: TIFFANY & CO.

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J.Crew Group, Inc. closes private offer to holders of 7.75%/8.50% Senior PIK Toggle Notes due 2019

NEW YORK, 2017-Jul-15 — /EPR Retail News/ — J.Crew Group, Inc. (the “Company”) today (July 13, 2017) announced the closing of the previously announced private offer (the “Exchange Offer”) to holders of the $566.5 million aggregate principal amount of 7.75%/8.50% Senior PIK Toggle Notes due 2019 (the “Old Notes”) issued by Chinos Intermediate Holdings A, Inc. (the “Old Notes Issuer”), a direct wholly-owned subsidiary of Chinos Holdings, Inc., the ultimate parent of the Company (“Parent”).

Following acceptance in the Exchange Offer of 99.85% of the Old Notes, eligible note holders received:

  • $249,596,000 aggregate principal amount of 13% Senior Secured Notes due 2021 issued by J. Crew Brand, LLC and J. Crew Brand Corp. (the “Issuers”), both wholly-owned subsidiaries of the Company;
  • 189,688 shares of Parent’s 7% non-convertible perpetual preferred stock, series A, no par value per share, with an aggregate initial liquidation preference of $189,688,000; and
  • approximately 15% of Parent’s common equity, or 17,362,719 shares of Parent’s class A common stock, $0.00001 par value per share.

In addition, concurrently with the Exchange Offer, the Company announced completion of previously disclosed related transactions, including the following:

Term Loan Transactions.  Following receipt of requisite consents for approval by lenders holding approximately 88% of the outstanding principal amount of loans under the Company’s term loan agreement, the Company entered into the previously disclosed term loan amendment.  In connection with the term loan amendment, the Company purchased $150 million principal amount of term loans under the term loan agreement held by lenders who consented to the term loan amendment at par plus accrued interest. This repurchase was financed with additional borrowings under the term loan agreement of $30 million principal amount (at a 2% discount), as well as the issuance in a private placement of $97 million principal amount (at a 3% discount) of new 13% Senior Secured Notes due 2021 issued by the Issuers, the proceeds of which were loaned on a subordinated basis to the Company. The balance of the repurchase price of term loans was funded with cash resources of the Company.

As permitted by the term loan amendment, a Company subsidiary contributed to a subsidiary of the Issuers the remaining undivided 27.96% ownership interest of certain U.S. intellectual property rights not previously transferred. The intellectual property initially contributed and the remaining undivided interest contributed secure the $346.6 million principal amount of new notes issued by the Issuers in the Exchange Offer and the private placement, with the priorities previously disclosed.

The term loan amendment also includes a direction to the term loan administrative agent to dismiss, with prejudice, certain litigation relating to the assignment of the initial transferred intellection property (and related matters), which will be effected pursuant to an agreed stipulation.

Equity Recapitalization. A majority in interest of the current holders of Parent’s Class L Common Stock, par value $0.001 per share, including affiliates of TPG Capital, L.P. and Leonard Green & Partners, L.P. elected to convert all the outstanding shares of Class L Common Stock into (i) 110,000 shares of Parent’s 7% non-convertible perpetual preferred stock, Series B, no par value, with an initial liquidation preference of $1,000 per share ($110 million aggregate initial liquidation preference) that will be pari passu with the new Series A preferred stock issued in the Exchange Offer, and (ii) 95,350,555 shares of Parent’s Class A common stock.

In connection with the Recapitalization, the Principal Investors Stockholders’ Agreement, dated as of March 7, 2011, among Parent, the Old Notes Issuer, Chinos Intermediate Holdings B, Inc., an indirect wholly-owned subsidiary of Parent, the Company, the Sponsors and the other stockholders party thereto, was amended and restated to provide that the holders of the Class A common stock (including participants in the Exchange Offer) will be subject to certain rights and obligations as set forth in greater detail therein.

The Company intends to implement a new management incentive plan, pursuant to which it is expected that certain officers and employees of the Company will be entitled to receive equity awards of up to 10% of the Class A common stock outstanding after the Exchange Offer and up to $20 million in initial liquidation preference of additional new Series B preferred stock of Parent. The Class A common stock component of the new management incentive plan will dilute all holders of the Class A Common Stock. Any additional new Series B preferred stock will be in addition to the new Series B preferred stock issued in the Exchange Offer.

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell, nor an offer to sell or a solicitation of an offer to purchase, any securities. The New Securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any other applicable securities laws and, unless so registered, the New Securities may not be offered, sold, pledged or otherwise transferred within the United States or to or for the account of any U.S. person, except pursuant to an exemption from the registration requirements thereof.  Accordingly, the New Securities were issued only (i) to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and (ii) to non-“U.S. persons” who are outside the United States (as defined in Regulation S under the Securities Act). Non U.S.-persons may also be subject to additional eligibility criteria.

Cautionary Note Regarding Forward-Looking Statements

Certain statements herein, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company’s current expectations or beliefs concerning future events, and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including ongoing litigation, the Company’s substantial indebtedness and the indebtedness of its indirect parent, the retirement, repurchase or exchange of its indebtedness or the indebtedness of its indirect parent, its substantial lease obligations, its ability to anticipate and timely respond to changes in trends and consumer preferences, the strength of the global economy, declines in consumer spending or changes in seasonal consumer spending patterns, competitive market conditions, its ability to attract and retain key personnel,  its ability to successfully develop, launch and grow its newer concepts and execute on strategic initiatives, product offerings, sales channels and businesses, its ability to implement its growth strategy, material disruption to its information systems, its ability to implement its real estate strategy, adverse or unseasonable weather, interruptions in its foreign sourcing operations, and other factors which are set forth in the section entitled “Risk Factors” and elsewhere in the Offering Memorandum and in the Company’s Annual Report on Form 10-K, Quarterly Report on Form 10-Q and in all filings with the SEC made subsequent to the filing of the Form 10-Q. Because of the factors described above and the inherent uncertainty of predicting future events, the Company cautions you against relying on forward-looking, whether as a result of new information, future events or otherwise.

About J.Crew Group, Inc.

J.Crew Group, Inc. is an internationally recognized omni-channel retailer of women’s, men’s and children’s apparel, shoes and accessories. As of July 13, 2017, the Company operates 277 J.Crew retail stores, 118 Madewell stores, jcrew.com, jcrewfactory.com, the J.Crew catalog, madewell.com, and 179 factory stores (including 39 J.Crew Mercantile stores). Certain product, press release and SEC filing information concerning the Company are available at the Company’s website www.jcrew.com.

SOURCE: J.Crew Group, Inc.

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Diebold Nixdorf to pay dividend of 10 cents per share on all common shares

NORTH CANTON, Ohio, 2017-Jul-15 — /EPR Retail News/ — The board of directors of Diebold Nixdorf, Incorporated (NYSE: DBD) today (July 13, 2017) declared a third quarter cash dividend of 10 cents per share on all common shares.  The dividend is payable on Friday, Sept. 15 to shareholders of record at the close of business on Friday, Aug. 25.

About Diebold Nixdorf

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

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:

Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@dieboldnixdorf.com

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

SOURCE: Diebold Nixdorf

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Woodinville Whiskey Company (WWC) becomes part of Moët Hennessy’s world-renowned wine and spirits portfolio

Paris, 2017-Jul-15 — /EPR Retail News/ — Moët Hennessy and Woodinville Whiskey Company (WWC) announced today (JULY 13, 2017) that Moët Hennessy has acquired WWC, which has become part of Moët Hennessy’s world-renowned wine and spirits portfolio. Financial terms of the transaction were not disclosed.

WWC was founded in 2010 by lifelong friends Orlin Sorensen and Brett Carlile, who will continue to oversee WWC’s operations.  WWC has quickly established itself, in the world of craft whiskeys, today focused on the Washington state market only.

Mr. Christophe Navarre, President and CEO of Moët Hennessy said, “We are convinced that Woodinville fits very well within the Moët Hennessy portfolio. Orlin and Brett have done a great job to establish Woodinville Whiskey as an iconic brand in Washington state with significant potential for expanded distribution through our US and international networks. While we are no strangers to whiskey, with our Glenmorangie and Ardbeg single malts, we have much to learn from Orlin and Brett about American distilling and look forward to this important new partnership.”

Mr. Orlin Sorensen added, “We are very proud about what we have accomplished since founding Woodinville Whiskey Company just a few years ago. As we considered the many strategic opportunities before us, it was clear that being part of the Moët Hennessy portfolio and distribution network will allow us to reach our goals much more quickly. Brett and I are thrilled to continue leading the business and to be part of the accelerated growth we expect to achieve as part of Moët Hennessy, and its parent LVMH, the world’s leading luxury goods company.”

Since its founding, WWC has been based in the namesake town of Woodinville, Washington, a robust beverage alcohol hub of more than 100 wineries, microbreweries, distilleries, and cideries with more than 300,000 annual visitors. The new state of the art distillery and tasting room were completed in 2014. The company’s barrel warehouses are based in Quincy, Washington, where local resources are plentiful, and climatic conditions facilitate the aging process.

WWC’s Rye and Bourbon Whiskies are matured for at least five years.  Having relied primarily on sales of its Micro Barreled Bourbon and Rye, the company was able to launch its 5-year-old Straight Bourbon in 2015, which was immediately crowned “Whiskey of the Year” for 2016 by the American Distilling Institute. Its 5-year-old Straight Rye followed in 2016, and that was named as Best Rye Whiskey for 2017, also by the American Distilling Institute.

Contact:

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

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Bon-Ton Stores launches new online fashion solution to make buying trend right outfits quick and easy

Bon-Ton Stores launches new online fashion solution to make buying trend right outfits quick and easy

 

MILWAUKEE, 2017-Jul-15 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), has launched “Style2Go”, a new online fashion solution created to make buying trend right outfits quick and easy.  Each week, Bon Ton stylists create five looks to fit a variety of lifestyles: casual, weekend, office to evening, active and special occasion. Unveiled online every Friday morning, each outfit can be accessed with just one click to purchase the outfit or mix and match.

“Bon-Ton’s Style2Go provides outfit shopping solutions for our online customers,” commented Luis Fernandez, Chief Marketing Officer, The Bon-Ton Stores, Inc. “We know our customers are busy so we want to make shopping for head to toe looks easy.  With five new Style2Go outfits each week, customers will be inspired to visit our website regularly for their wardrobe needs.”

Style2Go outfits include a variety of products and accessories from shoes, tops and pants to dresses, handbags, jewelry and more.  Every week Style2Go outfits change, inspiring online guests to explore new unexpected fashion combinations helping them to look their very best.

About The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc., with corporate headquarters in York, New York and Milwaukee, Wisconsin, operates 261 stores, which includes 9 furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves. For further information, please visit thebontonstoresinc.com or the company’s web site at bonton.com.

SOURCE: The Bon-Ton Stores, Inc.

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Shopify merchants to list and sell their products on eBay directly from their Shopify account

Shopify merchants to list and sell their products on eBay directly from their Shopify account

 

New channel to bring added product choice to eBay customers.

San Jose, California, 2017-Jul-15 — /EPR Retail News/ — eBay Inc. (NASDAQ: EBAY) and Shopify Inc. (“Shopify”) (NYSE: SHOP, TSX: SHOP), the leading cloud­-based, multi­channel commerce platform, today (Jul 13, 2017) announced that Shopify merchants will soon be able to list and sell their products on eBay directly from their Shopify account.

With the new integration, Shopify merchants will have the opportunity to surface their brand and products to a massive new audience of more than 169 million active eBay buyers. eBay shoppers will benefit from added selection and choice from potentially hundreds of thousands of Shopify merchants.

This integration will also enable Shopify merchants to immediately sync inventory information such as product title and description, item specifics, price and quantity from Shopify to eBay. Customer orders will also be imported to Shopify and allow merchants to fulfill orders from both platforms in one location, while messages from buyers on eBay will also be visible within Shopify so their sellers won’t miss any important communications.

“eBay is focused on delivering the best choice and selection of inventory to buyers across the globe,” said Bob Kupbens, VP of Global Trust & Seller Experience, eBay. “This new integration with Shopify will bring even more great products to eBay buyers, while offering Shopify merchants the ability to seamlessly drive their business and brand at scale by tapping into our vibrant marketplace.”

This integration continues to make selling online easier for Shopify merchants to conveniently manage their product catalog across multiple channels like online, in-person, marketplaces, social and messaging all in one dashboard.

The eBay channel joins the fast-growing list of other Shopify sales channels, including Amazon, BuzzFeed, Facebook, Pinterest, Messenger and retail via Shopify’s Point of Sale, among others. These integrations are possible because of Shopify’s Sales Channel Platform, a collection of APIs that can be used to add commerce to any site, app, or platform. Sales channels are an important part of a Shopify merchant’s business strategy, and more than 60% of merchants sell in two or more channels.

“Shopify is the industry leader when it comes to multi-channel commerce, and we look to partner with the best and biggest platforms to bring new sales opportunities to our merchants,” said Satish Kanwar, VP of Product, Shopify. “The eBay channel has the potential to introduce our merchants to eBay’s millions of buyers, exposing merchants to a massive number of new sales opportunities.”

The eBay sales channel is expected to be available in Fall 2017 for Shopify merchants selling in USD in the United States.

For more information visit: https://www.shopify.com/ebay

About Shopify

Shopify is the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers more than 400,000 businesses in approximately 175 countries and is trusted by brands such as Tesla, Red Bull, Nestle, GE, Kylie Cosmetics, and many more.

About eBay

eBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2016, eBay enabled $84 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

Contact:
(408) 376-7400

Source: eBay

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Kmart Summer Blowout: deals on summer essentials

Huge savings on this season’s most-fun outdoor entertainment, gift ideas, apparel, stylish home décor and vacation must-haves

HOFFMAN ESTATES, Ill., 2017-Jul-15 — /EPR Retail News/ — Even after the fireworks clear, summer is still in full swing with kids’ parties, road trips, beach days and outdoor entertaining. Soak up every drop of summer with the Kmart Summer Blowout and find awesome sales with 10-50% off almost everything summer as Kmart makes room for all of the amazing fall merchandise on the way!

“When the sun’s out – fun’s out – and our members and shoppers come to us to help them make the most of the season,” said Kelly Cook, chief marketing officer, Kmart. “This Summer Blowout is crazy with amazing deals in every department, so we can help everyone stock up on anything they need to make their summer perfect for them and their families!”

The Kmart Summer Blowout includes deals on summer essentials, like:

  • 50% off Swimwear for the family, reg. $9.99-$49.99, like the Joe Boxer Boys’ Swim Trunks($10.49, reg. $26.00) to get the family perfectly packed and vacation ready
  • Up to 60% off Pools and Up to 30% off Swing Sets & Trampolines, savings range 20-50%, including the Bestway 10′ x 30′ Inflatable Fast Set Pool Kit ($39.99, reg. $99.99) to bring summer fun to your backyard
  • Up to 50% off Select Patio Furniture and 30% off Outdoor Décor, savings range 20-50%, to jazz up your outdoor space including the Jaclyn Smith Amelia Lounge ($174.99, reg. $349.99), and Anchor Pillow ($10.49, reg. $14.99)
  • 50% off Select Camping Gear, reg. $99.99-$699.99, including the Northwest Territory Homestead 21′ x 14′ Tent ($99.99, reg. $279.99) to help prepare for your next outdoor adventure
  • 20% off Grills, reg. $29.99-$499.99, such as the Kenmore 4 Burner Gas Grill with Sider Burner and Stainless Steel Lid ($199.99, reg. $279.99) for family barbeques
  • 70% off Fine Jewelry, reg. $7.99-$9,999.99, to help give the gift of a little glitz this summer including the 10K White Gold 1/6 Ct. Certified Diamond 2 Piece Bridal Set** ($389.99, reg. $1,299.99)
  • Up to50% off Infants & Kids Tops, Bottoms, Sleepwear, Sets and Dresses, reg. $2.99-$79.99, including the Route 66 Girls’ Belted Chambray Shirtdress ($10.19, reg. $16.99) so the kids can rock summer style for any occasion

To take help to make the most of the Summer Blowout, Kmart teamed up with Farah Merhi, Inspire Me! Home Décor founder and entertaining expert, to share her tips on creating the perfect outdoor space for any summer celebration.

“It is all about getting outside – so whether you have a big backyard, small balcony or anything in-between, summer is the time to be bold, try new things and make your outdoor space amazing,” said Merhi. “During a quick trip to Kmart for the Summer Blowout, I found great summer essentials at even better prices! To help spark inspiration for your own outdoor space, I curated a list of my top entertaining tips.”

  1. Maximize Comfort– No matter how you use the space, you want to be comfortable. So snuggle up or sink into the Grand Harbor Palm Canyon Modular Sofa. Add decorative pillows such as this Pineapple Pillow for extra comfort and – voila! – you now have an on-trend, fun pop of color. We all know it’s been all about the pineapple this year!
  2. The More, The Merrier– If you’re all about the party, make sure you can comfortably accommodate a large group with a chic outdoor dining table and chair set such as the Grand Harbor Logandale Dining Table & Chair Bundle. For extra seating, add a rustic-inspired lounge chair or a classic picnic bench.
  3. Add a Touch of the Indoors – Soften the space and make it barefoot friendly by adding an outdoor rug. Even if it’s outdoors, a rug really warms up a space. Have fun with it and choose a bold pattern like this United Weavers of America Atrium Spellbound Rug.
  4. Fire Up the Grill– Add the best smells of the season with a new grill like the Smoke Hollow Combo Gas & Charcoal Grill…mmmmm!
  5. Make It Fun– Outdoor games are the best way to get everyone involved, like with the Sportcraft Volleyball & Badminton Combo Set. Keep the fun going throughout the night with backyard sleepovers using a tent like the Northwest Territory Sierra Dome Tent. Camping anyone?
  6. Light Up the Night– Nothing cozies up a space like lighting so add a touch of soft ambiance with these Edison Bulb String Lights. You can also make a statement with these Smart Solar Crackled Glass Color Changing Gazing Ball. How fun?!

The Summer Blowout is happening online and in store NOW through July 30*, so there still plenty of time to create your dream outdoor space and rock the last few weeks of summer! Head to your local participating Kmart or visit www.Kmart.com for more!

*Blowout starts at 8:00 a.m. on 7/9/17 and ends at 10:00 p.m. on 7/30/17 and is not combinable with any other offers. Discounts do not apply to food, pharmacy, stationary, pets, paper products, cleaning supplies, prepaid gift cards and EGP (Everyday Great Price) and WOW value center items. Discounts only available on inventory in stock. The Summer Blowout offer is only valid at participating stores.
**Diamond weight may not be exact, but is never more than .05 carats below the stated weight.

About Kmart
Kmart is making shopping fun again. The retailer, a subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is bringing back the iconic Blue light Specials, hosting Freebie Saturdays and in-store family events for its Shop Your Way members and customers. Kmart offers customers thrilling deals and amazing finds on quality products and exclusive brands including Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense.

Contact:

Bridgette Potratz
Zeno Group for Kmart
312-527-2SHC (2742)
Bridgette.Potratz@zenogroup.com

Tricia Perrotti
Kmart
551-226-0488
Tricia.Perrotti@searshc.com

SOURCE: Kmart

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Smart & Final Stores, Inc. to report its 2Q 2017 financial results on Tuesday, July 25, 2017

COMMERCE, Calif., 2017-Jul-15 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (July 13, 2017) announced that it will report its financial results for the second quarter ended June 18, 2017, on Tuesday, July 25, 2017, after the close of market. David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.

The call will also be broadcast live over the Internet, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

Smart & Final Stores Second Quarter 2017 Conference Call Details:

Date: Tuesday, July 25, 2017

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Dial-In: 1-877-407-0784 (domestic), 1-201-689-8560 (international)

Conference ID: 13665867

A telephonic replay of the call will be available beginning Tuesday, July 25, 2017, at 8:00 p.m. Eastern Time, through Tuesday, August 8, 2017, at 11:59 p.m. Eastern Time. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter the replay pin number: 13665867. A replay of the webcast will also be available for 60 days upon completion of the conference call, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of June 18, 2017, the Company operated 313 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho, and Utah, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for over 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

SOURCE: Smart & Final Stores, Inc.

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Kimco: Target to open at Westmont Plaza in Haddon Township, New Jersey in July 2018

The addition of the brand’s small-format concept will spark a transformative repositioning of this New Jersey shopping center

NEW HYDE PARK, N.Y., 2017-Jul-15 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced that it has signed a lease with Target for a 48,000-square-foot, small-format store at Westmont Plaza in Haddon Township, New Jersey, set to open in July 2018. The addition of Target is the first step in a larger repositioning of the 173,000-square-foot, open-air center.

“The addition of Target opens the door for some exciting changes that will significantly enhance the retail and service offerings available in Haddon Township,” said David Jamieson, Executive Vice President and Chief Operating Officer of Kimco Realty. “Quality attracts quality, and we’ve seen that time and time again across our portfolio as we redevelop assets and execute on our 2020 Vision. Residents can look forward to additional changes in the near future, with Target setting the tone for Westmont Plaza’s revitalization.”

The Westmont Target, which is the brand’s third small-format store in the state of New Jersey, will provide residents with a quick-trip shopping experience featuring Target’s curated assortment of apparel and accessories, grocery and grab-and-go items, beauty products, electronics, toys, and more. The store will also offer a CVS Pharmacy and Target’s Order Pickup service for added convenience.

“We’re thrilled to bring the convenience of Target and its robust assortment of offerings to the residents of Haddon Township,” said Tom Simmons, President of Kimco’s Mid-Atlantic Region. “This addition is the perfect fit for the community, and we look forward to providing more best-in-class brands that will transform the shopping experience at Westmont Plaza.”

About Kimco

Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of June 30, 2017, the company owned interests in 510 U.S. shopping centers comprising 84 million square feet of leasable space across 32 states and Puerto Rico. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

Contact:
Jennifer Maisch
516-869-7224
Director, Corporate Communications
jmaisch@kimcorealty.com

Source: Kimco Realty Corporation

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Mattel®, Toys”R”Us® and WWE to support Make-A-Wish with new John Cena action figure available exclusively at Toys”R”Us

PHOENIX, 2017-Jul-15 — /EPR Retail News/ — Three national corporate sponsors of Make-A-Wish® are coming together to support the organization that grants life-changing wishes for children with critical illnesses. Mattel®, Toys”R”Us® and WWE are partnering to launch a new John Cena action figure – available exclusively at Toys”R”Us stores nationwide beginning Tuesday, August 15. The presale for the limited-edition collectible begins today, July 11, online at Toysrus.com.

For every purchase of the action figure, Mattel will donate a portion of the proceeds to Make-A-Wish to support the wish granting efforts of the organization.

The figure features John Cena looking match-ready in red, white and blue, stars-and-stripes ring gear. The patriotic color scheme is the result of input from Alex, a Make-A-Wish kid from Los Angeles, Calif. Alex worked with the teams at Mattel and WWE to put his personal design on the new action figure. Alex is an example of the hundreds of wish kids who have wished to meet John Cena and have been forever changed as a result. Having granted more than 500 wishes to date, Cena is the most popular celebrity wish granter in Make-A-Wish history.

“Having the opportunity to meet Alex and witness first-hand his vision behind the action figure was an incredible experience,” said WWE Superstar John Cena. “There is nothing more humbling than a child who could ask for anything in the world asking to meet me, and I will continue to grant wishes as long as I am asked.”

“At Make-A-Wish, we have heard over and over again how wishes have the power to bring families and communities closer together for the better,” said David Williams, Make-A-Wish America president and CEO. “This is a case where wishes have inspired three of our sponsors to work collaboratively to bring the life-affirming nature of a wish to more wish kids, and we could not be more excited.”

In conjunction with the pre-sale of the action figure, now through Monday, July 31, Toys”R”Us will host a social media fundraising initiative benefitting Make-A-Wish America. For every retweet or share of the retailer’s #GivingIsAwesome posts, the company will donate $1 to the organization, up to $25,000.

Another fundraising opportunity will come in late August when five John Cena autographed action figures will be auctioned off to the public on eBay with 100% of revenue generated through the auction benefitting Make-A-Wish.

Mattel, Toys”R”Us and WWE each have a longstanding history with Make-A-Wish as corporate sponsors on a local and national level. Mattel, a national sponsor since 2007, has donated thousands of toys for wish activities and developed co-branded toy items with some of its most popular brands like Hot Wheels® and Barbie®. Toys”R”Us regularly donates toys and gift cards for shopping sprees in addition to providing annual grants from the Toys”R”Us Children’s Fund – leading to more than $3.5 million in donations in nearly 20 years. In addition to providing monetary support, WWE has granted thousands of wishes to meet Superstars as well as donated event tickets since the early 1980s.

To learn more about this unique collaboration and find out how to make more wishes possible, visit www.wish.org/JohnCenaFigure.

Media Relations:

1 (973) 617-5900
Press@toysrus.com

SOURCE: Make-A-Wish(R)

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Sunneen Health Foods recalls mislabeled Whole Foods Market PB&J parfaits

Sunneen Health Foods recalls mislabeled Whole Foods Market PB&J parfaits

 

Allentown, Pennsylvania, 2017-Jul-15 — /EPR Retail News/ — Sunneen Health Foods is voluntarily recalling mislabeled Whole Foods Market PB&J parfaits sold at five Whole Foods Market stores in New York and New Jersey because the products contained soy and tree nut (almond and coconut) allergens that were not listed on the product label. People who have an allergy or severe sensitivity to soy or tree nuts run the risk of serious or life-threatening allergic reaction if they consume these products.

No allergic reactions have been reported to date. All affected products have been removed from store shelves.

The products were sold in 8 oz. containers labeled as Whole Foods Market PB&J Parfaits. They can be identified by UPC codes 636910500448 and best-by dates before 7/13/2017. They were sold at the following Whole Foods Market stores:

  • 905 River Rd, Edgewater, NJ
  • 4 Union Square South, New York, NY
  • 238 Bedford Ave, Brooklyn, NY
  • 1095 6th Ave, New York, NY
  • 113 Route 9 S, Englishtown, NJ

Customers who purchased these product and wish to return them can bring a valid receipt into stores for a full refund. Consumers with additional questions should call Sunneen Health Foods’ customer service at 610 774-9894 between the hours of 8 am and 3 pm EST, Monday through Friday.

Consumers Contact:

610 774-9894

Source: FDA

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JCPenney opens toy shops in all of its brick-and-mortar locations

JCPenney opens toy shops in all of its brick-and-mortar locations

 

Toy assortment at JCPenney.com will continue to multiply in preparation for holiday season

PLANO, Texas, 2017-Jul-15 — /EPR Retail News/ — As JCPenney [NYSE: JCP] continues to explore new merchandise categories and differentiate its business, the retailer is opening toy shops in all of its brick-and-mortar locations with a significantly expanded assortment available at JCPenney.com. Strategically adjacent to the Disney Collection inside JCPenney, the shops feature an extensive selection of toys for kids of all ages including dolls, action figures, racing cars, arts and crafts, board games, plushes and learning sets from leading brands such as Hasbro®, Mattel®, Playmobil® and Fisher Price®, to name a few. To further reinforce its commitment to this playful category, JCPenney has doubled its online assortment of toys over the last year with plans to expand even more by the holiday shopping season.

“JCPenney has a nostalgic history of selling sought-after toys in our early Christmas catalogs, so we brought toys back last holiday season to see if they would resonate once again. We were extremely pleased by customer response and confidently made the decision to grow our toy assortment in stores and at JCPenney.com. We know that shoppers buy toys year-round and by creating a fun, inviting toy shop, with some of the biggest brands and hottest products, we will entice families to shop and spend more at JCPenney,” said John Tighe, executive vice president and chief merchant for JCPenney. “Toys are an exciting product category for JCPenney and an in-store attraction that will drive traffic and sales as we continue to focus on increasing revenue per customer.”

The toy shop inside JCPenney will help kids dream, imagine and explore with some of the most popular toys for toddlers, preschoolers and big kids, such as Barbie®, Shopkins™, Hatchimals®, NERF®, Hotwheels® and Star Wars™. Located within the children’s department, many of the shops feature an area that kids can play with select toys that will be available for them to try out and enjoy while in the store.

Discover More at JCPenney.com
As JCPenney continues to focus on omnichannel advancements, the retailer has doubled its toy assortment at JCPenney.com since last year. Based on customer feedback, the team added new product categories, including bicycles, video games, outdoor trampolines, costumes and science kits, while sorting the product by age group. As science, technology, engineering and math tools continue to evolve in schools, JCPenney is adding an expansive assortment of toys this fall designed to help kids combine STEM principles with interactive play. Shoppers can expect an even larger toy assortment available at JCPenney.com in time for the holiday shopping season.

“JCPenney realizes the importance of having a significantly expanded product selection at JCPenney.com to compete with pure e-commerce rivals, which is why we are so proud of both our product and category expansions over the past 12 months. The toy industry continues to grow and JCPenney intends to capture a significant portion of this $20 billion industry* with our new toy shops in stores and our impressive selection at JCPenney.com,” added Tighe.

*Toy Association

For current store images of the new toy shops, please visit:

http://www.jcpnewsroom.com/news-releases/2017/0713_launches_toy_shops.html

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 jcp.com 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 jcp.com.

Forward-Looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Words such as “expect” and similar expressions identify forward-looking statements, which include, but are not limited to, statements regarding the Company’s financial position, the revolving credit facility and interest expense.  Forward-looking statements are based only on the Company’s current assumptions and views of future events and financial performance. They are subject to known and unknown risks and uncertainties, many of which are outside of the Company’s control that may cause the Company’s actual results to be materially different from planned or expected results. Those risks and uncertainties include, but are not limited to, general economic conditions, including inflation, recession, unemployment levels, consumer confidence and spending patterns, credit availability and debt levels, changes in store traffic trends, the cost of goods, more stringent or costly payment terms and/or the decision by a significant number of vendors not to sell us merchandise on a timely basis or at all, trade restrictions, the ability to monetize non-core assets on acceptable terms, the ability to implement our strategic plan including our omnichannel initiatives, customer acceptance of our strategies, our ability to attract, motivate and retain key executives and other associates, the impact of cost reduction initiatives, our ability to generate or maintain liquidity, implementation of new systems and platforms, changes in tariff, freight and shipping rates, changes in the cost of fuel and other energy and transportation costs, disruptions and congestion at ports through which we import goods, increases in wage and benefit costs, competition and retail industry consolidations, interest rate fluctuations, dollar and other currency valuations, the impact of weather conditions, risks associated with war, an act of terrorism or pandemic, the ability of the federal government to fund and conduct its operations, a systems failure and/or security breach that results in the theft, transfer or unauthorized disclosure of customer, employee or Company information, legal and regulatory proceedings and the Company’s ability to access the debt or equity markets on favorable terms or at all.  There can be no assurances that the Company will achieve expected results, and actual results may be materially less than expectations.  Please refer to the Company’s most recent Form 10-Q for a further discussion of risks and uncertainties. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made.  We do not undertake to update these forward-looking statements as of any future date.

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

Source: J. C. Penney Company, Inc.

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Whole Foods Market 365 to open its first Ohio store in Akron on September 14

AKRON, Ohio, 2017-Jul-15 — /EPR Retail News/ — Whole Foods Market 365 will open its first Ohio store in Akron on September 14. The store will be the sixth Whole Foods Market 365 to open nationally. Located at 1745 W. Market Street, the store will feature a curated mix of products that adhere to Whole Foods Market’s industry-leading standards in a shopping environment that’s welcoming and convenient.

All products sold in the store will meet Whole Foods Market’s rigorous quality standards and are free of artificial flavors, colors, sweeteners, preservatives and hydrogenated fats. The store will feature an array of organic products, GAP 5 Step Animal Welfare rated meat, sustainable seafood, freshly prepared grab-and-go items and a variety of products tailored for individuals with special diets.

“We’re excited to bring the Whole Foods Market 365 experience to Ohio with our first store opening in Akron,” said Scott Allshouse, Whole Foods Market regional president. “Whole Foods Market 365 is where high quality meets value – the store will provide a streamlined shopping experience focused on convenience and quality for all shoppers, from college students to families.”

The 30,000-square-foot store will feature a coffee bar by Akron’s Artisan Coffee and Asian-inspired dishes from Fire Leaf a new concept created by Genji for 365 customers as part of the grocer’s Friends of 365 program, which collaborates with chefs and innovators who share our quality standards and have unique expertise in a cuisine, concept or product.

Shoppers can sign up for the 365 Rewards program for personalized offers and to save 10 percent on more than 100 products every day.

For more, visit the Whole Foods Market 365 website, Facebook, Instagram and Twitter.

Contact:

MWmedia@wholefoods.com

Source: Whole Foods Market

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CBRE: availability rate for warehouses and distribution centers in the U.S. declined slightly in second quarter

Decline in Available Space Comes Amid Strong Demand, Temporary Slowdown of Construction Deliveries

Los Angeles, 2017-Jul-15 — /EPR Retail News/ — The average availability rate for warehouses and distribution centers in the U.S. declined slightly in the second quarter, aided by the healthy economy and fewer than expected construction completions, according to a new report from CBRE.

U.S. industrial availability declined by 10 basis points (bps) in the second quarter to 7.8 percent, its lowest level since the first quarter of 2001. The decline was the market’s 27th in the past 28 quarters.

The slight tightening of the market in the second quarter can be attributed to strong demand and a temporary slowdown in new supply.  The U.S. industrial market has benefited from general strength in the economy, notably gains in job growth, port traffic, increased e-commerce activity and key manufacturing indices.

Additionally, developers completed less industrial space in the second quarter (40.2 million sq. ft.) than was expected (46.5 million sq. ft.), according to CBRE.

“This bounceback in demand from a sluggish first quarter isn’t surprising, given the solid economic growth that we’ve seen this year,” said Jeff Havsy, CBRE Chief Economist in the Americas. “New construction deliveries are expected to pick up in the second half of the year since the pipeline of new projects is active.”

CBRE defines availability as the full amount of space available for lease, including vacant space and currently occupied space being marketed for occupation by other users.

In the second quarter, 42 of the U.S. markets that CBRE tracks registered declines in their industrial availability rates. Fourteen registered increases. Six were unchanged.

Markets posting the largest declines in availability in the second quarter from a year earlier include Wilmington, Del., (down 370 bps); Dayton, Ohio, (down 320 bps); Jacksonville (down 230 bps), Cincinnati (down 220 bps); Sacramento (down 210 bps); and Boston (down 200 bps).

Markets posting higher availability rates from a year ago include Austin (up 280 bps); Kansas City (up 130 bps); Fort Worth (up 120 bps); San Jose (up 100 bps); and Houston (up 90 bps).

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

MEDIA CONTACT:

Robert McGrath
212.984.8267
robert.mcgrath@cbre.com

SOURCE: CBRE Group, Inc.

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Wendy’s introduces Bacon Queso Burger, Bacon Queso Chicken Sandwich and Bacon Queso Fries for a limited time

Wendy’s introduces Bacon Queso Burger, Bacon Queso Chicken Sandwich and Bacon Queso Fries for a limited time

 

Wendy’s New Bacon Queso Burger, Chicken Sandwich and Fries are Inspired BY the Queso Obsessed, FOR the Queso Obsessed

DUBLIN, Ohio, 2017-Jul-15 — /EPR Retail News/ — Wendy’s® knows how passionate people have become about queso. In fact, this passion often turns into obsession. Good news for those folks, Wendy’s is also obsessed!  To celebrate this obsession, Wendy’s created three new limited-time Queso products – the Bacon Queso Burger, Bacon Queso Chicken Sandwich and Bacon Queso Fries. Inspired by the queso obsessed, for the queso obsessed.

“Simply put, people are going to go crazy for our new queso products because they are just that good,” said Wendy’s Chief Concept & Marketing Officer, Kurt Kane. “Nobody does fresh beef, chicken sandwiches and topped fries like Wendy’s, so we’ve taken three things our customers already love and made them even better by adding queso.”

For a limited time, Wendy’s will offer two Bacon Queso sandwich options – either with a quarter pound of Wendy’s fresh, never-frozen beef or a Homestyle chicken breast – both sandwiched between a red jalapeno bun. Topped with fire roasted salsa, fresh red onions, thick-cut Applewood Smoked Bacon and all-natural shredded cheddar cheese, the main event is hands-down the poblano queso cheese sauce – the final touch that brings a flavor experience that only Wendy’s can deliver.

And because one can never truly cure that queso obsession, Wendy’s has also developed the perfect, cheesy side item – Bacon Queso Fries. A flavorful fusion of poblano Queso cheese sauce and cheddar cheese melted over Wendy’s natural-cut sea salt fries, the new Bacon Queso Fries are topped with thick-cut Applewood Smoked Bacon, creating a crave-worthy companion.

The Bacon Queso Burger and the Chicken Sandwich have a suggested retail price of $4.99 and $5.39, respectively. The Bacon Queso fries have a suggested price of $2.49.

1Fresh beef available in the contiguous U.S., Canada, and Alaska.

About The Wendy’s Company
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger restaurant chain. The Wendy’s system includes more than 6,500 restaurants in 30 countries and U.S. territories. For more information, visit www.aboutwendys.com.

CONTACTS:
Frank Vamos
614-764-8477
Frank.Vamos@Wendys.com

Amy Baker
214-259-3408
Amy.Baker@Ketchum.com

SOURCE: The Wendy’s Company

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