Wawa adds Cold Brew coffee to its hand-crafted specialty beverage program

Wawa, PA, 2017-Jul-20 — /EPR Retail News/ — Wawa is thrilled to announce that delicious Cold Brew coffee is now available in all stores chain-wide as part of Wawa’s hand-crafted specialty beverage program. Available in two flavors of traditional black or sweet cream and both 16 oz. and 24 oz. sizes, Wawa Cold Brew incorporates a slow steeping process using Wawa unique coffee beans to deliver a smooth, full body flavor.

Made with just two ingredients—water and coffee—Wawa’s traditional black Cold Brew includes no added preservatives or additives, while the sweet cream variety includes the addition of Wawa’s classic sweet cream. Wawa Cold Brew is made through a small-batch process using triple-filtered water and low temperature extraction which delivers a smooth, bold coffee experience with very low acidity and virtually no bitterness.

“Providing our customers with their morning cup of coffee or afternoon pick-me-up has been part of Wawa’s heritage for many years, and we couldn’t be more excited to offer Cold Brew coffee at all of our stores,” said Mike Sherlock, Chief Fresh Food & Beverage Officer for Wawa. “Keeping up with consumer trends and customer demand has been part of Wawa’s culture since the very beginning. So, it was only natural for us to make this new, delicious addition to our growing list of hand-crafted specialty beverages that already includes smoothies, frozen cappuccinos, iced and hot lattes, and more. Here’s a toast to all those who stop by our stores to grab our new Cold Brew coffee!”

About Wawa, Inc.
Wawa, Inc., a privately held company, began in 1803 as an iron foundry in New Jersey. Toward the end of the 19th Century, owner George Wood took an interest in dairy farming and the family began a small processing plant in Wawa, PA in 1902. The milk business was a huge success, due to its quality, cleanliness and “certified” process. As home delivery of milk declined in the early 1960’s, Grahame Wood, George’s grandson, opened the first Wawa Food Market in 1964 as an outlet for dairy products. Today, Wawa is your all day, every day stop for freshly prepared foods, beverages, coffee, fuel services, and surcharge-free ATMs. A chain of more than 750 convenience retail stores (over 500 offering gasoline), Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia and Florida. The stores offer a large fresh food service selection, including Wawa brands such as custom prepared hoagies, freshly-brewed coffee, hot breakfast sandwiches, Specialty Beverages, and an assortment of soups, sides and snacks. In 2016 Wawa was recognized in Forbes as one of America’s Best Large Employers, a survey-based ranking of employers offering the best associate experiences and strongest opportunities. In 2017 Wawa was the recipient of a Silver Plate Award in the category of Retail & Specialty Foodservice by the International Foodservice Manufacturers’ Association during their 63rd Annual Award Event. Wawa was also designated as a 2017 Best Place to Work for LGBT Equality by the Human Rights Campaign Foundation.

CONTACT:

public.relations@wawa.com

Source: WAWA Inc.

CommerceHub to issue its 2Q financial results on Wednesday, August 2, 2017

ALBANY, N.Y., 2017-Jul-20 — /EPR Retail News/ — CommerceHub, Inc. (NASDAQ:CHUBA) (Nasdaq:CHUBK) (“CommerceHub” or the “Company”), a leading distributed commerce network for retailers and brands, today (July 19, 2017) announced that it will issue its financial results for the three months ended June 30, 2017 after the market close on Wednesday, August 2, 2017. On the same day, CommerceHub will host a conference call and webcast to discuss the results at 4:30 p.m., Eastern Time, during which its management team will discuss the Company’s financial performance and strategy, and may discuss future opportunities. After the conference call is completed, a recorded version of the call will be available at http://ir.commercehub.com/events.cfm.

What: CommerceHub Second Quarter 2017 Financial Results

When: Wednesday, August 2, 2017

Time: 4:30 p.m. Eastern Time

Live Call: U.S./Canada Toll-Free Participants Dial-in Number: (800) 219-6912International Toll Participants Dial-in Number: (574) 990-1026Conference ID/Passcode: 55684519

Webcast (live and replay): http://ir.commercehub.com/events.cfm

About CommerceHub:

CommerceHub is a distributed commerce network connecting supply, demand and delivery that helps retailers and brands increase sales by expanding product assortments, promoting products on the channels that perform, and enabling rapid, on-time customer delivery. With its robust platform and proven scalability, CommerceHub helped over 10,000 retailers, brands, and distributors achieve an estimated $13+ billion in Gross Merchandise Value in 2016.

CommerceHub Investor Relations Contact:

Sara Leggat
investor@commercehub.com

Source: CommerceHub/globenewswire

Lenta reports of total sales grew 16.3% in 2Q 2017 to Rub 85.6bn

Lenta sales and operating highlights for the second quarter ended 30 une 2016

St-Petersburg, Russia, 2017-Jul-20 — /EPR Retail News/ — Lenta Ltd, (LSE, MOEX: LNTA / “Lenta” or the “Company”) one of the largest retail chains in Russia, is pleased to announce the Company’s consolidated sales and operating results for the second quarter ended 30 June 2017.

2Q 2017 Operating Highlights:

  • Total sales grew 16.3% in 2Q 2017 to Rub 85.6bn (2Q 2016: Rub 73.6bn);
  • Like-for-like (“LFL”)1 sales growth of (2.0%) vs. 2Q 2016;
  • LFL traffic growth of (2.9%) combined with a 0.9% increase in LFL ticket;
  • Seven supermarkets opened during the second quarter of 2017;
  • Total store count reached 254 stores as at 30 June 2017, comprising 195 hypermarkets and 59 supermarkets;
  • Total selling space increased to 1,173,416 sq.m as at 30 June 2017 (+27.1% vs. 30 June 2016); and
  • Number of active loyalty cardholders2 increased to 11.5m (+23% y-o-y) with approximately 94% of transactions in the second quarter made using the loyalty card.

1H 2017 Operating Highlights:

  • Total sales grew 16.7% in 1H 2017 to Rub 163.5bn (1H 2016: Rub 140.1bn);
  • LFL sales growth of (1.8%) vs. 1H 2016;
  • LFL traffic growth of (2.4%) combined with a 0.6% increase in LFL ticket;
  • Lenta started expansion of its supermarket format in Novosibirsk with three stores opened in 1H 2017; and
  • Four new hypermarkets and 11 supermarkets were opened during 1H 2017 while one supermarket was closed.

Material events in 2Q 2017 and after the reported period:

  • Lenta completed placement of Rub 5.0bn 3-years bonds with semi-annual coupon and an interest rate of 8.7%;
  • Lenta issued 98,217 new ordinary shares (491,085 GDRs) under Management Incentive Program (MIP) and Long-Term Incentive Program (LTIP)3. As a result share capital increased to 97,416,963 shares (487,084,815 GDRs);

Lenta’s Chief Executive Officer, Jan Dunning commented:
“Lenta continues to deliver rapid growth, with sales up by 16.3% in the second quarter of 2017 despite the challenging macro environment. Although growth in the reported quarter was slightly below the first quarter of this year we are encouraged by recent trends – after disappointing trading in April which was impacted by abnormally cold weather, growth in May was in line with the quarterly average while June results were very strong with a return positive LFL sales growth which has continued into July.

While Lenta continued gaining new customers ahead of sales, rapid expansion in the cities with existing presence resulted in higher cannibalization effects. These effects were especially visible in St. Petersburg due to the acquisition of Kesko’s food retail business in late 2016. We are very happy with the performance of our new ex-Kesko stores – ramp-up is accelerating, reaching over 30% same-store sales growth in June4, a clear demonstration of the attractiveness of Lenta’s customer proposition. Of course, this growth also put additional pressure on our other stores in the region.

During the quarter the team launched several new initiatives to stimulate sales, including improvements in marketing and communications, category management and our loyalty program. We are pleased with the impact of these efforts, which helped deliver LFL sales growth in June back into positive territory and we hope to continue this momentum in the second half of the year.”

Lenta Store Developments

In the second quarter of 2017, Lenta opened seven supermarkets: three leased supermarkets in Moscow, three leased stores in Saint-Petersburg and one owned supermarket store in Novosibirsk. Total number of stores reached 254 (195 hypermarkets and 59 supermarkets).

In the reported quarter Lenta added 5,815 sq.m of net selling space. Total selling space as at 30 June 2017 increased to 1,173,416 sq.m, up 27.1% year-on-year.

1 Lenta’s stores are included in the LFL store base starting 12 months after the end of the month in which they are opened
2 Cardholders who made at least 2 purchases at Lenta during the 12 months to 30 June 2017 are considered active
3 31,744 shares (158,720 GDRs) under LTIP are held as treasury shares
4 The stores acquired from Kesko are not included in Lenta’s LFL panel. Calculation of same-store sales is made based on the period when the stores were owned by Kesko.

Contact:

T: +7 (812) 380-61-31
F: +7 (812) 380-61-50

Source:: Lenta

Shop Direct seeks its next charity partner

Liverpool,UK, 2017-Jul-20 — /EPR Retail News/ — Liverpool-headquartered Shop Direct, which owns brands including Very.co.uk and Littlewoods.com, is calling on organisations who support children in poverty in the North West to put forward their £600,000 digital ideas to become its next charity partner.

The partnership will see the online retailer’s 4,700-strong team throw its collective weight behind a single charitable project, offering a combination of fundraising and technical expertise to make the greatest difference and leave a legacy in the community.

The company is looking for charities that support children living in poverty in the North West and have a project to fund with digital at its core, in line with Shop Direct’s expertise and ambition to become a world class digital retailer.

Charities that apply by 27 July 2017 will be whittled down to three, before everyone at Shop Direct votes for the final digital project, with fundraising towards the £600,000 target kicking off in October 2017.

To date, Shop Direct has raised £250,000 to support Alder Hey Children’s Hospital to fund the creation and development of a world-first digital app.

Later this year, the company will also reach its fundraising target of £400,000 to enable Claire House Children’s Hospice to get its new, digitally-equipped Liverpool hospice off the ground.

Jacqui Humphries, group people director at Shop Direct, said: “Our people told us they care massively about helping children in poverty. That’s why we’re calling on local charities with this aim to get in touch with their big digital ideas.

“All of us at Shop Direct are passionate about supporting our community and we’ll help our chosen charity make a huge difference – with our expertise as well as our fundraising.”

Charities interested in applying for the partnership should visit: www.shopdirect.com/charity_applications

ABOUT SHOP DIRECT

Shop Direct is the UK’s second largest pureplay online retailer, with annual sales of almost £1.8 billion. Our digital department store brands are Very.co.uk, Littlewoods.com and VeryExclusive.co.uk, and receive an average of 1 million website visits every day, with more than 59% of online sales completed on mobile devices.

We exist to make good things easily accessible to more people. With our department store range of famous brands, market-leading ecommerce and technology capabilities and unique financial services products offering flexible ways to pay, we’re well placed to deliver on that promise.

We sell more than 1,100 famous brands, including big name labels and our own exclusive brands. We have 4 million customers and deliver 48 million products every year. Our free click and collect service, delivers to 5,800 stores across the country, increasing ease and convenience for customers.

For more information on Shop Direct, visit www.shopdirect.com or follow us on Twitter at @ShopDirect

CONTACT INFORMATION:

Shop Direct
Dave Lafferty
Corporate Media Relations Manager
0844 292 2738
07468 718 615
david.lafferty@shopdirect.com

Source: Shop Direct

UNIQLO announces new collaboration line with JW ANDERSON for fall/winter 2017 collection

UNIQLO announces new collaboration line with JW ANDERSON for fall/winter 2017 collection

 

Japan, 2017-Jul-20 — /EPR Retail News/ — UNIQLO today (2017.07.18) unveils its new collaboration line with JW ANDERSON, an internationally renowned fashion brand from London. The fall/winter 2017 range comprises 33 pieces for men and women, and it will roll out at UNIQLO stores and UNIQLO.com from Tuesday, September 191.

The new line features British classics that combine the signature bold and graphic design esthetic of JW ANDERSON with UNIQLO’s excellence in fabrics, fit and functionality. The result is a collection that offers the best of British styling that is at once traditional and modern while providing daily lifestyle options for men and women of all ages.

Commenting on the launch of the much anticipated line, Jonathan Anderson, the founder of JW ANDERSON, said, “For me, the point of doing this collaboration was that I believe in democracy in fashion, and what I hope will be achieved is that any age demographic can pick up and find something within the collection to relate to. Doing something with UNIQLO is very interesting. It means you come up with a wardrobe which is universal and quirky.”

He added that, “I think what UNIQLO and JW ANDERSON have in common is the idea of ‘making a new product’. That’s always fascinating. The idea of reducing something to its essence is a very Japanese cultural thing. It can be culturally, textile, or silhouette driven, but it’s about the idea of reducing something down so that you can create the most impact.”

Yuki Katsuta, Senior Vice President of Fast Retailing and Head of Research and Design at UNIQLO, said, “This line embodies our shared vision of offering elegance, simplicity, timeless comfort, and individuality through LifeWear. The inspiration for much of the clothing we wear today was the uniforms, work wear, and sportswear that originated in the British Isles. We have combined the energy, creativity, and traditional touches of JW ANDERSON with our fit, fabrics, and functionality, as part of our quest to craft wardrobe essentials that are enduringly appealing.”

1. The collection will roll out on September 19 in the UK, followed by other markets around the world. Availability of the 33-piece range will vary by country and store.

Design is a key focus for the collection, notably through such classics as a double-breasted belted Trench Coat, the Wool Blended Quilted Jacket, the Fair Isle Sweater, and the Striped Scarf. The UNIQLO and JW ANDERSON Trench Coat is accented by a tartan lining. A selection of down jackets, shirts, and padded tote bags also employs tartan. The new collaboration line includes multi-border cut and sewn pieces, knits, and stoles in vivid hues, as well as ruffle blouses and skirts. Such items as the Wool Blended Quilted Jacket and the Padded Tote Bag, feature a faux leather patch with the anchor logo, for an unmistakably JW ANDERSON touch.

The entire 33-piece collection incorporates traditional British materials combined with UNIQLO trademark fabrics. There are Tweed coats in signature herringbone and shirts in extra fine cotton that feels smooth and natural, as well as knits in Extra Fine Merino for an elegant, glossy sheen.

The silhouette is also a key feature for the line. The look ranges from long coats with contemporary button and waist belt styling to jackets that give a modern, slim and sophisticated look but also allow for layering, and includes a turtle neck sweater with boxy silhouette and an oversized knit dress.

Keeping people as warm as possible is another central consideration. Examples include HEATTECH scarves and down jackets that employ ribbed cuffs and feature zipper tape so people can keep gloves on as much as possible in winter.

The Collection:

A total of 14 women’s items

Item Pricing in Japan
(excl. consumption tax)
Item Pricing in Japan
(excl. consumption tax)
Outerwear ¥9,900 – ¥14,900 Pants and Skirts ¥3,990 – ¥4,990
Blouses ¥2,990 Knits
Knit Dresses
¥3,990 – ¥4,990
¥12,900

A total of 19 men’s items

Item Pricing in Japan
(excl. consumption tax)
Item Pricing in Japan
(excl. consumption tax)
Outerwear ¥9,900 – ¥14,900 Pants ¥3,990 – ¥5,990
Shirts ¥2,990 Cut and Sewn
(with unisex pieces)
¥1,500
Knits
(with unisex pieces)
¥2,990 – ¥3,990 Unisex Accessories
(scarves, bag and backpack)
¥1,990 – ¥3,990

See the UNIQLO website below for more details: https://www.uniqlo.com/jwanderson/jp/

About the JW ANDERSON brand

Northern Irish designer Jonathan Anderson established JW ANDERSON in 2008. At first an elaborate collection of accessories, it quickly attracted attention and enabled the fledgling label to show on-schedule during the 2008 London Fashion Week season. The success of this debut collection earned both critical acclaim and commercial success for Anderson, whose label is now regarded as one of London’s most innovative and forward thinking brands.

JW ANDERSON has evolved into an internationally renowned brand that has receiving a number of awards:
2012 British Fashion Awards for Emerging Talent, Ready-to-Wear
2013 The New Establishment Award
2014 Menswear Designer of the Year
2015 British Fashion Awards for Menswear and Womenswear Designer of the Year

Source: Uniqlo

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Rakuten LIFULL STAY and AsiaYo Co., Ltd. partner on vacation rental business

Will begin offering vacation rental services to accommodate travelers to Japan from the Asian region

Tokyo, 2017-Jul-20 — /EPR Retail News/ — Rakuten LIFULL STAY, Inc., a Rakuten Group company providing vacation rental services, and AsiaYo Co., Ltd., operator of “AsiaYo.com,” Taiwan’s largest vacation rental reservation site, today announced that the two companies have agreed to form a business collaboration in the vacation rental business.

In this collaboration, Rakuten LIFULL STAY will provide property listings from its tentatively-titled “Vacation Stay” vacation rental service to AsiaYo.com, making it possible for users of AsiaYo.com to reserve private lodging facilities listed on Vacation Stay. AsiaYo.com is a vacation rental reservation site from Taiwan that has achieved rapid growth in the three years since its launch in 2014. AsiaYo.com operates not only in Taiwan, but in South Korea and Thailand as well, with plans to expand into other Asian countries and regions. Through the collaboration, the two companies will promote travel to Japan from Asia, including Taiwan, raising awareness of the various regions of Japan and increasing the number of visitors to these areas, while aiming to provide vacation rental services that can meet the growing demand for lodgings.

Rakuten LIFULL STAY, Inc. aims to launch its vacation rental service after the new Private Lodgings Business Law is expected to come into effect in January 2018, and is proactively working to expand its stock of vacation rental properties in Japan. AsiaYo is focusing on enhancing the various services it provides through its vacation rental reservation site, such as its native language support for Asian travelers (in Chinese, Korean and English). Both companies are working to build an environment in which owners can offer their properties as vacation rental properties with peace of mind by enhancing their services aimed at travelers to Japan from the Asian region.

According to data released by the Japan National Tourism Organization*1, the number of travelers to Japan from Taiwan surpassed 4 million people for the first time in FY2016, making it the third largest source of tourist traffic behind China and South Korea. In addition to the growing number of visitors to Japan from Taiwan, AsiaYo.com users tend to use private lodgings in groups, such as with their families or friends, and prefer properties with multiple rooms. For this reason, demand for vacant house vacation rentals to be offered by Rakuten LIFULL STAY is expected to be high.

Going forward, Rakuten LIFULL STAY and AsiaYo will continue to offer a broad range of lodging options to meet the rising demand for inbound travel to Japan from Asia, contributing to the development of the vacation rental market.

*1 Number of Foreign Visitors to Japan (2003 – 2017), Japan National Tourism Organization http://www.jnto.go.jp/jpn/statistics/since2003_tourists.pdf

About Rakuten LIFULL STAY
Company name:                  Rakuten LIFULL STAY, Inc.
Address:                             Otemachi Financial City Grand Cube 3F
1-9-2 Otemachi, Chiyoda-ku, Tokyo
Representative:                   Representative Director Munekatsu Ota
Details of business:             Services related to vacation rental platform
Date of establishment:         March 2017
Website:                              https://rakuten-lifull-stay.co.jp/

About AsiaYo
Company name:                 AsiaYo Co., Ltd
Address:                            18-3, Lane 77, Section 2, Dunhua South Road, Taipei, Taiwan
Representative:                 CEO Cheng Chao-Kang
Details of business:
AsiaYo Co., Ltd. runs “AsiaYo.com,” the largest vacation rental reservation site in Taiwan. It has more than 13,000 listed rooms in Taiwan, with the number of reservations growing 20% on average every month since it began operating in 2014. In addition, the number of monthly visits to AsiaYo.com has surpassed 2 million unique sessions, an increase of roughly four times on the previous year. The company has set forth the vision of providing a matching platform that can deliver the greatest travel experiences to travelers.
Date of establishment:       June 2013
Website:                             https://asiayo.com/

Source: Rakuten Inc.

Rakuten and Banpu to collaborate in electricity retail business and environmental values trading

Tokyo, 2017-Jul-20 — /EPR Retail News/ — Rakuten, Inc. and Banpu Public Company Limited today (JULY 18, 2017) announced that the two companies have reached agreement to form a comprehensive partnership in the fields of the electricity retail business and environmental values trading*1.

Under the agreement, Rakuten and Banpu will cooperate on the development of business models in the fields of negawatts*2 and environmental values trading, and also electricity retailing in Japan. By combining Banpu’s experience in the coal industry and power generation in the Asia Pacific region along with Rakuten’s know-how in the domestic electricity retail business and cutting-edge initiatives such as its private trading platform for environmental values and negawatts (planned for launch in fall this year) and IoT and other technologies, the two companies aim to develop the business, including cross-border projects between Japan and Thailand.

Banpu, a pioneering Asian energy company in Thailand operating coal, renewables and other energy businesses in the Asia Pacific region, listed Banpu Power Public Company Limited, its power generation subsidiary, on the Stock Exchange of Thailand in October 2016. Through this subsidiary, it operates solar power plants in Japan and overseas. In addition, Banpu plans to engage in the new business of energy retailing and is making efforts to acquire related knowledge and technology outside Thailand in Japan and elsewhere.

Rakuten established Rakuten Energy, which provides energy solution services centering on electricity, in June 2013. On February 21, 2017, Rakuten Energy was registered as a retail electricity provider with the Ministry of Economy, Trade and Industry’s (METI) Agency for Natural Resources and Energy (ANRE), and in April made a full-fledged entry into the electricity retail business. In addition, Rakuten Energy is also working on the development of a private trading platform for environmental values and negawatts (scheduled to begin operating this fall) and a Home Energy Management System (HEMS) utilizing IoT technology. Through the collaboration with Banpu both in Japan and overseas, Rakuten Energy expects to expand its customer base in the electricity retail industry.

Going forward Rakuten and Banpu will leverage their knowledge and expertise in the power generation and electricity retail business to contribute to healthy competition and growth in the energy markets of Japan and other Asian countries.

*1 “Environmental values” are the greenhouse gas reduction effects obtained through introducing renewable energy, energy conservation and other initiatives, which have been certified and given numerical values by the government or local municipalities.
*2 Added value that can be obtained as a result of viewing the surplus electrical energy arising from users’ conservation of energy as equivalent to electricity generated.

About Banpu
Company name: Banpu Public Company Limited
Established: 1983
Business description: Coal mining, power generation and alternative energy sources
Location: 27th Floor, Thanapoom Tower, 1550 New Petchburi Road, Makkasan, Ratchathewi,
Bangkok 10400, Thailand
Company representative: Somruedee Chaimongkol, Director and Chief Executive Officer
URL: www.banpu.com

Source: Rakuten Inc.

Barnes & Noble announces the appointment of James Lampassi as VP, Real Estate Development

New York, NY, 2017-Jul-20 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today ( July 18, 2017) announced that James Lampassi has been named Vice President, Real Estate Development. Mr. Lampassi, whose appointment is effective July 31, will report directly to Demos Parneros, Chief Executive Officer. In his new role, Mr. Lampassi will have responsibility for developing and executing the real estate strategy as well as lead store development and construction initiatives.  The Company said that David Deason will step down from his current role as Vice President, Development, and enter into a consulting agreement with a guaranteed term through the end of the year, which could be extended further.

“Jim brings a wealth of real estate experience across major retailers including Marshalls, Bed Bath & Beyond and Office Depot, to what is a critical role at Barnes & Noble,” said Mr. Parneros. “I strongly believe that we have the best possible person to help take our stores into the future and grow the business.”

“I also want to thank David for his leadership and outstanding contributions to the company over these past 27 years,” Mr. Parneros added. “I look forward to having David stay on as a consultant providing strategic guidance on our existing portfolio of stores and looking for new store opportunities.”

Mr. Lampassi joins the Company from Petco Animal Supplies Stores, Inc., where he served as Vice President, Real Estate and Construction, in a retail organization with $4.5B in sales and more than 1,440 stores. He led a team of 80 professional site selectors, construction project managers, lease administrators, energy managers, architects and store maintenance managers. The company added nearly 700 stores during Mr. Lampassi’s tenure. He also served as Chairman of Petco’s Real Estate Committee.

Mr. Lampassi has a rich history of retail experience, beginning his career at Grossman’s, Inc., as a Location Research Analyst. He went on to Marshalls, Inc., where he began his 11-year career as a Senior Location Analyst and rose to Manager of Market and Location Research, Regional Real Estate Director of the Western United States, and the Regional Real Estate Director for New England. He also held leadership roles in the real estate segments of Office Depot, Inc., Extended Stay America, Inc., Zoots Corporation and Bed Bath & Beyond, Inc., before coming to Petco, where he has served as Vice President, Real Estate and Construction, for the past 10 years.

Mr. Lampassi currently serves on the Board of Trustees for the International Council of Shopping Centers, of which he has been an active member for more than 25 years. He is a graduate of Salem State University with a Bachelor of Science in Geography, Urban Planning. He has an Executive Master’s in Business Administration from Saint Mary’s College of California.

About Barnes & Noble
Barnes & Noble, Inc. (NYSE: BKS) is the world’s largest bookseller, and a leading retailer of content, digital media and educational products.  The Company operates 633 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com).  The Nook Digital business offers a lineup of popular NOOK®tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4.5 million digital books in the US (www.nook.com), plus periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website at www.barnesandnobleinc.com.

Barnes & Noble®, Barnes & Noble Booksellers® and Barnes & Noble.com® are trademarks of Barnes & Noble, Inc. or its affiliates. NOOK® and the NOOK logos are trademarks of Nook Digital, LLC or its affiliates.

For more information on Barnes & Noble, follow us on TwitterInstagramPinterest and Snapchat (bnsnaps), and like us on Facebook. For more information on NOOK, follow us on Twitter and like us on Facebook.

All Contacts:

Mary Ellen Keating
Senior Vice President, Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323
mkeating@bn.com

Andy Milevoj
Vice President, Investor Relations
Barnes & Noble, Inc.
(212) 633-3489
amilevoj@bn.com

Source: Barnes & Noble, Inc.

LCP: Wolf Thai Boxing opens new training gym at Enterprise City

LCP: Wolf Thai Boxing opens new training gym at Enterprise City

 

London, 2017-Jul-20 — /EPR Retail News/ — A well-known Spennymoor Thai boxing expert has opened a new training gym at Enterprise City, near Durham.

Michael Ellison, who runs Wolf Thai Boxing, has moved from the town centre to unit 34 at the business park, in Spennymoor, which is owned and managed by commercial property and investment company LCP.

Michael has trained a junior world champion and teaches learners from the age of four upwards in the combat sport. He signed a six-year lease for the 1,430 sq ft unit after 11 years at his previous town centre base when he was faced with a steep rise in rents and business rates.

“It was a big decision to move but it was something I had to do,” he said. “I had a look around plenty of places but liked this unit best. It is slightly bigger and has a much better layout; it’s also close to town and has plenty of parking spaces. I’m thrilled with it and know it will be a great place to train.”

It is the second health and fitness outlet to open at Enterprise City. In April, South Durham Fitness Limited opened in unit 3.

Tony Spence, LCP regional estate manager, said: “We’re keen to broaden our tenant mix at Enterprise City and are very pleased to welcome Wolf Thai Boxing. By moving to Enterprise City, he is not only getting excellent value for money, he also has a more modern unit that provides better space for his training.”

Enterprise City is a secure and popular business location offering 300,000 sq ft of industrial, warehouse and office accommodation for more than 30 tenants, including Durham Police and Just Sport (Group) Ltd. The estate benefits from 24hr CCTV estate security, free car parking and an on-site management team.  The site is adjacent DURHAMGATE, which is the largest mixed-use regeneration scheme in the North East.

Contact:

kyates@lcpproperties.co.uk

Source: LCP

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Stella McCartney unveils Winter 2017 Ad Campaign

London, 2017-Jul-20 — /EPR Retail News/ — Staying true to the designer’s commitment to sustainability and responsibility, the striking new campaign in collaboration with artist Urs Fischer and photographer Harley Weir explores the issue of waste and consumption. Shot amidst the man-made landscapes formed from the accumulation of discarded items on the Eastern Coast of Scotland, the images shot by Weir with illustrations by Fischer features the sense of awareness of Stella McCartney’s ethos. The backdrops of a decaying car, a vast landfill and a household refuse collection center question what we are leaving behind for future generations.

Stella McCartney comments:
“The idea we had with this campaign is to portray who we want to be and how we carry ourselves; our attitude and collective path. Our man-made constructed environments are disconnected and unaware of other life and the planet which is why there is waste.”

Our planet has a waste and consumption problem due to “single use” and “disposable” items that are wreaking havoc to our environment. Most of these items are made of plastic which ends up in landfills. We are now producing nearly 300 million tons of plastic every year, half of which is for single use. More than 8 million tons of plastic is dumped into our oceans every year.

The new campaign images bring together models from the designer’s winter runway show cast; Birgit Kos, Iana Godnia and Huan Zhou in Stella’s signature designs featured amidst the harsh reality. Showcasing this season’s signature textures and shapes in tailoring, knitwear and embroidery paired with the latest velvet Falabella Box, Stella Popper bag, Sneak-Elyse and runway sneaker; the cast of women provide a striking contrast and bring forth positivity to the message.

Source: Stella McCartney
“Stella’s fashion to me is about dignity, love and a beautiful attitude to all challenges. All while feeling good and looking great and we wanted to reflect that in the concept of this campaign.”

Since launching in 2001, the Stella McCartney brand has been deeply rooted in its commitments to being a responsible and modern company. As a vegetarian brand, the brand never uses leather, fur, skins or feather in any products for both ethical and environmental reasons, setting a standard for the use of alternative materials. 53% of the womenswear collections come from sustainable materials including sustainable viscose, regenerated cashmere, organic cotton and denim, recycled nylon, sustainable wood and cork, and eco alter nappa.

In addition to the print campaign, is a mood film that further illustrates the spirit of the collection and the environmental message which will is going live on www.stellamccartney.com, and the brand’s social media platforms today.

Credits:
Model: Birgit Kos, Iana Godnia and Huan Zhou
Artwork: Urs Fischer
Photographer: Harley Weir
Director of Film: Harley Weir
Music Track: Tkay Maidza – ‘Tennies’ (revocalled as ‘Stellies’)
Hair: Gary Gill
Make-up: Thomas de Kluyver
Set Design: David White

About Stella McCartney

Stella McCartney is a luxury lifestyle brand that was launched under the designer’s name in 50/50 partnership with Kering in 2001. Stella’s approach to design emphases on sharp tailoring, a natural confidence and an effortlessly sexy style. A lifelong vegetarian, Stella McCartney does not use any leather or fur in her designs. The brand is committed to ethical values, and believes the company is responsible for the resources it uses and the impact it has on the environment. It is therefore constantly exploring innovative ways to become more sustainable, from design to store practices and product manufacturing. Stella McCartney offers women’s ready-to-wear, menswear, accessories, lingerie, swimwear, kids, fragrance and adidas by Stella McCartney collections through 50 free-standing stores including London, New York, Los Angeles, Tokyo, Hong Kong, Paris, Milan and Shanghai. Her collections are distributed in 77 countries through over 800 doors including specialty shops, and department stores, as well as shipping to 100 countries online. For additional information, please visit: www.stellamccartney.com.

Note to the editor:

Additional Facts on Plastic Waste

  • The world’s plastic production this year is 300 million tons, half which is used just once then thrown away.
  • By 2050 when the population explodes to almost 10 billion, it is expected that plastic production will triple.
  • 63 billion gallons of oil are used every year to supply just the US with plastic water bottles.
  • More than 90% of these plastic water bottles are used only once.

Source: Stella McCartney

RioCan: Shopify expands its lease requirement at King Portland Centre in Toronto; achieving 93% of total leased area of the new office component

Toronto, 2017-Jul-20 — /EPR Retail News/ — Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today (July 19, 2017) announced another important lease transaction in connection with the development of King Portland Centre in Toronto. Shopify has signed a commitment to expand its lease requirement by approximately 46,234 square feet of GLA, bringing its total requirement in the new office space under construction at King Portland Centre to approximately 158,520 square feet of GLA and the total leased area of the new office component to approximately 93%.

King Portland Centre, 602-620 and 642 King Street West, Toronto

The overall development site for King Portland Centre includes 79,975 square feet of land with frontage on King Street West, Portland Street and Adelaide Street West and is comprised of a restored heritage structure, 602-604 King West (the “Rental Property”), an adjacent property extending from King West through to Adelaide West (the “Development Property”) and a heritage structure under restoration, 642 King West (the “Ancillary Property”). The Rental Property is substantially leased and is expected to remain so through the development process. The Ancillary Property is undergoing restoration and is scheduled for completion in early 2018.

Allied and RioCan are building a new structure on the Development Property that will be integrated with the Rental Property and the Ancillary Property. The new structure will be comprised of 256,173 square feet of office GLA and 13,035 square feet of retail GLA fronting on King West and approximately 116 residential units fronting on Adelaide West. The office and retail components of King Portland Centre have been designed to a LEED (Leadership in Energy and Environmental Design) CS (Core & Shell) Platinum standard and will include best-in-class operational, environmental, life-safety and health and wellness systems.

Each of Allied and RioCan owns an undivided 50% interest in the Rental Property, the Development Property and the Ancillary Property. On completion of the new component of King Portland Centre, which is scheduled for early 2019, Allied will manage the office component and RioCan will manage the retail and residential components.

Cautionary Statements – Allied Properties REIT

This press release may contain forward-looking statements with respect to Allied, its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. The actual results and performance of Allied discussed herein could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including that the transactions contemplated herein are completed. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulations and the factors described under “Risk Factors” in Allied’s Annual Information Form, which is available at www.sedar.com. These cautionary statements qualify all forward-looking statements attributable to Allied and persons acting on Allied’s behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and the parties have no obligation to update such statements.

Cautionary Statements – RioCan REIT

This news release contains forward-looking information within the meaning of applicable Canadian securities laws. This information includes, but is not limited to, statements made with respect to RioCan’s development program together with other statements concerning RioCan’s objectives, its strategies to achieve those objectives, as well as statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. All forward-looking statements in this News Release are qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described under “Risks and Uncertainties” in RioCan’s Management’s Discussion and Analysis for the period ended March 31, 2017 (“MD&A”) and the Trust’s most recent Annual Report and Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Except as required by applicable law, RioCan undertakes no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

About Allied

Allied Properties REIT is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating in Canada’s major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.

About RioCan

RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $14.6 billion as at March 31, 2017. RioCan owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 300 Canadian retail and mixed use properties, including 15 properties under development, containing an aggregate net leasable area of 46 million square feet. For the past 25 years, we have shaped the future, sensibly cultivated growth, and taken our stakeholders and partners wherever they needed to go. Currently, we have more than 6,200 tenants and 700 employees with a presence from coast to coast. We know that there is a home for every retailer. Whether we find it today or build it for tomorrow, we deliver real vision, solid ground. For more information, visit www.riocan.com.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Michael R. Emory
President & Chief Executive Officer, Allied Properties REIT
(416) 977-9002

Edward Sonshine
O. Ont., Q.C. Chief Executive Officer
RioCan REIT
(416) 866-3018

Source: RioCan

Cabela’s Incorporated to release 2Q 2017 financial results on Thursday, August 3, 2017

SIDNEY, Neb., 2017-Jul-20 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) announced today (Jul. 18, 2017) it is scheduled to release second quarter 2017 financial results before the market opens on Thursday, August 3, 2017. Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while the acquisition of the Company by Bass Pro Shops is pending.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program.Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB.”

Investors:
Cabela’s Incorporated
Andrew Weingardt
308-255-7428

Media:
Cabela’s Incorporated
308-255-1204

Source: Cabela’s Incorporated

Ross Stores opened 21 Ross Dress for Less® and 7 dd’s DISCOUNTS® stores in June and July 2017

Part of 2017 Store Expansion Plans to Open Approximately 90 New Stores

DUBLIN, 2017-Jul-20 — /EPR Retail News/ — Ross Stores announces the recent opening of 21 Ross Dress for Less® (“Ross”) and seven dd’s DISCOUNTS® stores across 15 different states in June and July. These new locations are part of the Company’s plans to add approximately 70 Ross and 20 dd’s locations in 2017.

“With this opening group, we continued to expand Ross and dd’s in both new and existing markets. Ross grew in its newest market – the Midwest – as well as existing markets, including California, Texas, and Florida. And in June, dd’s opened its 200th location and expanded into its newest state of Pennsylvania,” said Jim Fassio, President and Chief Development Officer. “Looking ahead, we remain confident in our expansion plans and continue to see plenty of opportunity to grow across all of our markets. We continue to believe that over the long-term, Ross can grow to 2,000 locations and dd’s can become a chain of 500 stores.”

Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2016 revenues of $12.9 billion. Currently, the Company operates Ross Dress for Less, the largest off-price apparel and home fashion chain in the United States with 1,384 locations in 37 states, the District of Columbia and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also currently operates 205 dd’s DISCOUNTS® in 16 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

Contact:
Connie Kao
Vice President, Investor & Media Relations
(925) 965-4668
connie.kao@ros.com

SOURCE Ross Stores, Inc.

SPAR Academy in Vienna announces additional training series for apprentices as part of ‘Fairtrade-Ambassador’ project

SPAR Academy in Vienna announces additional training series for apprentices as part of ‘Fairtrade-Ambassador’ project

 

The SPAR Academy in Vienna has been cooperating with Fairtrade Austria for 15 years and in 2016 had set itself the goal of becoming the first commercial vocational school in Austria with a Fairtrade award.

Vienna, Austria, 2017-Jul-20 — /EPR Retail News/ — Part of this award is the project ‘Fairtrade-Ambassador’ – additional training series for SPAR apprentices in the first year of their apprenticeship. The 98 apprentices who voluntarily opted for supplementary training this year were honored for their special commitment.

“To educate young people about Fairtrade is the most sustainable way to strengthen Fairtrade as well as small production companies in the future. The commitment and the willingness of our SPAR apprentices to learn more is a positive thing for the future, “said Fritz Poppmeier, Director of SPAR Austria, about the enthusiasm of the SPAR apprentices.

“The apprentices are given additional training on topics such as solidarity and sustainability, and their awareness of global connections is intensified in connection with commercial responsibility. Social responsibility is thus a central and also a corporate value of SPAR,” continued Mr Poppmeier on the occasion of the presentation of the Fairtrade award to the SPAR Academy in Vienna.

“Every day hundreds of thousands of people are buying at SPAR. It is therefore all the more important that the employees in the stores also know about Fairtrade. SPAR is already making a great contribution to apprentice training in order to anchor the idea of ​​Fairtrade even more firmly” says Fairtrade CEO Hartwig Kirner, who is enthusiastic about SPAR Austria’s commitment.

Contact:

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

Source: Spar International

###

SPAR UK partners donate hours of employee time to support youth project in South Wales

SPAR UK partners donate hours of employee time to support youth project in South Wales

 

An army of 40 volunteers from Blakemore Trade Partners has donated 520 hours of employee time supporting a youth project in South Wales.

South Wales, 2017-Jul-20 — /EPR Retail News/ — Volunteers from the division’s Trading Department rolled up their sleeves and spent two days regenerating the Fernhill Youth Project, Mid Glamorgan in South Wales.

Employees were tasked with painting the communal and kitchen areas inside the centre, restoring and painting a wooden memorial bench, turning over a large area of land for the project to use for vegetables, and build six work benches. In addition, employees used their IT expertise to clean up the youth centre’s IT software. The team also donated an iPad Mini and 32” flat screen TV to the project.

The Fernhill Youth Project provides a safe, warm place where young people can socialise, have fun, try new activities, learn new skills, help create trust and respect for each other and their community. The project offers a variety of opportunities enabling young people to grow in confidence, increase self-esteem and participate in practical and physical activities that they would not be able to experience otherwise.

Contact:

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

Source: Spar International

###

SPAR Spain highlights programmes supported by partners

SPAR Spain highlights programmes supported by partners

 

SPAR in Spain support many initiatives on an ongoing basis; here we highlight two recent programmes which were supported by partners.

Spain, 2017-Jul-20 — /EPR Retail News/ — Approximately 350,000 children in Spain are considered to be in need of supplementary nutrition to meet their daily needs. One programme focused on meeting this need is the Food Bank which has an annual national appeal for the donation of milk. SPAR Gran Canaria contributed one pallet of long-life milk recently to this very worthy cause, just one part of their ongoing annual support for the Food Bank and other similar programmes.

SPAR Spain suported the AFIS Pediatric Programme which addresses childhood obesity, combining physical activity in groups, nutritional education and focuses on both individual and family behavior, aiming to normalise the Body Mass Index (BMI) of children.

SPAR Spain supported this programme through its exclusive product range Sensations, highlighting its concern and commitment to nutrition and especially to child nutrition. SPAR is committed to nutritional education to lead a balanced diet and promote healthy habits, which is a fundamental part of the philosophy and scale of values ​​of SPAR.

The children who participated in the programme come from schools of primary education in Granollers (Barcelona), aged between 6 and 12 years. On the one hand, the sports service of the city council facilitates physical activity sessions for children, as well as offering workshops on health education for families to address emotional issues related to self-esteem and food, work eating habits, exercise, etc.

Contact:

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

Source: Spar International

###

Zalando launches new program Zalando Zet

BERLIN, 2017-Jul-20 — /EPR Retail News/ — Zalando announces Zalando Zet, a new program that offers customized premium services like pick-up of returns on demand as well as additional benefits such as premium customer service. The first phase will run by invite-only in four different cities in Germany, Berlin, Leipzig, Frankfurt, Hannover.

Zalando Zet introduces benefits along the entire customer journey: members get early access to sales, and can contact stylists and experts via telephone or Facebook chat to answer fashion-related questions. Members further benefit from faster delivery, including same-day, dedicated customer service, and the new return-on-demand service, which enables customers to have their returns picked up within two hours at a time and location of their convenience.

“To make it as easy as possible to buy fashion online, Zalando constantly invests into customers by piloting new and innovative services and partnering with brands and retailers. Zalando Zet is the next step within our strategy of providing an even more frictionless shopping experience, tailored to fashion,” says David Schröder, Senior Vice President Convenience at Zalando.

From the very beginning Zalando has been focused on providing the best customer experience. In 2008, Zalando revolutionized online shopping by introducing free delivery and returns within up to 100 days. Trying on goods at home for free as well as free shipping and convenient returns have been an integral part of Zalando’s offering ever since.

“Service is key to our customers. Zalando Zet combines the best of both online and offline shopping: Customers receive orders faster and return items easier. Furthermore, Zalando Zet adds a personal experience, as customers can ask Zalando about the latest trends or if they are unsure how to combine the shirt they just ordered,” says Lisa Schöner, Head of Zalando Zet.

In the first phase customers in four cities in Germany will be able to test the service for no additional cost for three months, after which they can become members for 19€ per year. Further cities in Germany will follow within the next months.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 200 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACTS:
Matteo Bovio
Corporate Communications
matteo.bovio@zalando.it
+49 (0)176 127 591 35

Source: Zalando

Zalando SE grew revenues in the first half of 2017 by 21-22% to EUR 2,071-2,089 million

  • HY revenues at EUR 2,071-2,089 million (21-22% growth), adjusted EBIT at EUR 100-106 (4.8-5.1% margin)
  • Q2 revenues at EUR 1,091-1,109 million (19-21%), adjusted EBIT at EUR 80-86 million (7.3-7.8% margin)
  • Zalando launches membership program Zalando Zet to offer customized premium services

BERLIN, 2017-Jul-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew revenues in the first half of 2017 by 21-22% to EUR 2,071-2,089 million (HY 2016: EUR 1,713 million), according to preliminary figures. The adjusted EBIT for the first half-year 2017 is expected to come in at EUR 100-106 million, a margin of around 4.8-5.1% (HY 2016: EUR 101 million or 5.9%).

In the second quarter of 2017 the company achieved revenues of EUR 1,091-1,109 million (Q2 2016: EUR 916 million), growing by 19-21%. Zalando achieved an adjusted EBIT of EUR 80-86 million, corresponding to an adjusted EBIT margin of 7.3-7.8% (Q2 2016: EUR 81 million or 8.8%) for the same period.

Co-CEO Rubin Ritter said: “We are pleased with the performance in the first half of 2017 and continue to invest in order to meet our ambitious growth targets for the full year and beyond. In the fast-growing online segment, we continue to outperform the market and deliver on our 20-25% growth corridor. Our investments, for example in our fulfillment capabilities and the launch of our membership program Zalando Zet, are the cornerstones for future growth.”

Zalando Zet is a new program that offers customized premium services like faster delivery, including same day, pick-up of returns on demand as well as additional benefits such as personal fashion advice or early access to sales. In the first phase customers in four German cities (Berlin, Leipzig, Frankfurt, Hannover) will be able to test the service for three months, after which they can become members for EUR 19 per year.

Zalando Zet is another example of the company’s continued customer focus: In 2008, Zalando revolutionized online shopping by introducing free delivery and returns within up to 100 days. Trying on goods at home as well as free shipping and convenient returns have been an integral part of Zalando’s offering ever since.

All figures reported herein are preliminary, full financial disclosure for the second quarter 2017 will be published on August 10, 2017.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 200 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACT:
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles
Financial Communications
alexander.styles@zalando.de
+49 30 20968

Source: Zalando

Major investor in blockchain technology Medici Ventures invests in Symbiont

SALT LAKE CITY, 2017-Jul-20 — /EPR Retail News/ — Medici Ventures and Symbiont today (July 19, 2017 ) announced the completion of a strategic investment in Symbiont by Medici Ventures, a major investor in blockchain technology. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform : OSTKP) / Series B Preferred (OTCQX:OSTBP).

Jonathan Johnson, President of Medici Ventures and a director of Overstock.com, said: “We look forward to Medici Ventures becoming one of the first Delaware entities to convert its registration to blockchain form at the State of Delaware using thnew Delaware blockchain amendments, which take effect August 1, 2017 pending Governor John Carney’s signature.”

He added: “We also anticipate using blockchain to administer Medici Ventures’ fund interests from inception, thereby providing our investors with end-to-end recordkeeping on a blockchain and administration of investor interests using smart contracts.  We expect to deliver best-in-class investor transparency.”

“We welcome Medici Ventures as an investor in Symbiont and as a partner for Medici’s blockchain registration with the State of Delaware, said Mark Smith CEO and co-founder of Symbiont. “Management of fund interests is a logical extension of Symbiont’s Smart Securities®capabilities, and we welcome a partner that is equally committed to the principle of ensuring accuracy of shareholder records at all times during a company’s life cycle.”

Overstock’s CEO and founder, Dr. Patrick Byrne, added: “When Overstock went public in our IPO in 2002, I had no choice but to sign over ownership of my personal shares to the DTC’s Cede & Co. Thanks to Delaware’s new law, entrepreneurs won’t be forced into such a Faustian bargain anymore as the admission ticket into the club of publicly-traded companies because Delaware is giving entrepreneurs a path to retaining direct ownership of their shares after their IPOs. We are studying opportunities opened by Delaware’s new law for Overstock’s shareholders to gain direct ownership of our OSTK shares at some point. One thing is for sure — the Dole Food case, where investors presented brokerage statements evidencing ownership of roughly 33% more Dole shares than were legally outstanding — is Exhibit A to prove the existing system doesn’t always keep accurate track of who owns what. Thanks to Delaware, accuracy in securities ownership records can be achieved.”

About Symbiont
Symbiont is the market-leading smart contracts platform for institutional applications of distributed ledger technology. Disclosed users of its platform include nineteen financial institutions for Smart Loans™, arranged by Credit Suisse and executed via Synaps, its syndicated loans joint venture with Ipreo; the State of Delaware for Smart Records™; a major European insurance company for Smart Swaps™ in the catastrophe insurance market; Orebits, a provider of asset digitization services; PrivateMarket.io, an alternative assets platform; and Medici Ventures, a blockchain-focused venture firm. For more information about Symbiont: www.symbiont.io

About Medici Ventures:

Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc., created to leverage blockchain technology to solve real-world problems with transparent, efficient and secure solutions. Medici Ventures has a growing portfolio of groundbreaking blockchain-focused investments, including t0.com, Peernova, Bitt, SettleMint, Factom, and IdentityMind, Spera and Symbiont. The company’s majority-owned financial technology company, t0.com, executed the world’s first blockchain-based stock offering in December 2016.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact.  Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-K for the quarter ended March 31, 2017, which was filed with the SEC on May 4, 2017, and any subsequent filings with the SEC.

Media Contact:
pr@mediciventures.com

Investor Contact:
ir@overstock.com
Aspectus Sean Mogle
646-202-9845
sean.mogle@aspectuspr.com

Source: Overstock.com