2017 Amazon Robotics Challenge winners announced

2017 Amazon Robotics Challenge winners announced

 

  • Additional winners at the event included Nanyang Technological University of Singapore, winners of the Pick Task, and MIT Princeton of the U.S., winners of the Stow Task
  • Contestants at this year’s Amazon Robotics Challenge were awarded $270,000 in prizes to support continued innovation within the robotics and automation community

SEATTLE, 2017-Aug-01 — /EPR Retail News/ — Amazon (NASDAQ: AMZN) today announced the results of its 2017 Amazon Robotics Challenge with winners hailing from Australia, the U.S., and Singapore. Australian Centre for Robotic Vision from Australia succeed in the Grand Championship Combined Task to win the overall Challenge with Nanyang Technological University of Singapore winning the Pick Task and MIT Princeton of the U.S., winning the Stow Task. This year’s finalists demonstrated sophisticated solutions combining object recognition, pose recognition, grasp planning, compliant manipulation, motion planning, task planning, task execution, and error detection and recovery to successfully pick and stow unique items. Teams were judged based on how many items were successfully picked and stowed by their robots in a fixed amount of time. A total of $270,000 in prizes were awarded to contestants throughout the four-day competition.

The Amazon Robotics Challenge aims to strengthen the ties between the industrial and academic robotic communities and promote shared and open solutions to the technical challenges faced in unstructured automation. This year’s Amazon Robotics Challenge was held during RoboCup, the leading and most diverse competition for intelligent robots and one of the world’s most important technology events in research and training. RoboCup and the Amazon Robotics Challenge were held in Japan at the Nagoya International Exhibition Hall (Portmesse Nagoya).

“This year, we made some changes to the Challenge to make it even more difficult and to encourage broader participation from multiple robotics fields – and the response was exciting,” said Joey Durham, Contest Chairperson and Manager of Research and Advanced Development for Amazon Robotics. “The versatility of recognition capabilities in an unstructured environment and the dexterity of grasping mechanisms was truly impressive. What we’re most proud of with the Amazon Robotics Challenge is its celebration of robotic community and the venue it’s created to share and promote research in a fun and rewarding way. Congratulations to our winners and all of our contestants!”

The Australian Centre for Robotic Vision team consisted of researchers, early PhD candidates and undergraduate students who combined computer vision, machine learning and a variety of robotic hardware to successfully complete both pick and stow tasks the fastest. Below is additional information on all winners.

Grand Championship in Combined Task

Winning team University/organization Country Award
1st ACRV Australian Center for Robotic Vision Australia $80,000
2nd NimbRo University of Bonn Germany $40,000
3rd Nanyang Nanyang Technological University Singapore $20,000

Pick Task

Winning team University/organization Country Award
1st Nanyang Nanyang Technological University Singapore $20,000
2nd NimbRo Picking University of Bonn Germany $10,000
3rd IITK TCS Indian Institute of Technology Kanpur, Tata Consultancy Services India $5,000

Stow Task

Winning team University/organization Country Award
1st MIT-Princeton MIT-Princeton USA $20,000
2nd Nanyang Nanyang Technological University, Singapore $10,000
3rd MC^2 Mitsubishi Electric, Chubu University, Chukyo University Japan $5,000

Amazon is committed to supporting innovation in robotics and automation. The company utilizes a wide range of innovative technology within its fulfillment centers, including more than 100,000 Amazon Robotics drive units in over 25 fulfillment centers worldwide. Amazon Robotics drive units deliver items directly to employees at ergonomic work stations and help make associates’ roles more efficient to enable superfast delivery speeds for customer orders. The company currently has more than 90,000 full-time employees across its U.S. fulfillment network.

For additional information about the Amazon Robotics Challenge including contest details, participating teams, rules, FAQs and detailed results, visit www.amazonrobotics.com/#/roboticschallenge. For more information about RoboCup, visit www.robocup2017.org. A video from the event can be viewed here.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

Media Hotline:
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

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Amazon: sales by small businesses now account for over half of the unit sales on Amazon sites around the world

  • More than half of the items sold on Amazon worldwide are from small businesses and entrepreneurs
  • Sales grew by more than 60 percent for small businesses and entrepreneurs on Prime Day 2017

SEATTLE, 2017-Aug-01 — /EPR Retail News/ — Amazon today (Jul. 31, 2017) announced that small businesses and entrepreneurs on Amazon sold more than 2 billion items in a record-breaking first half of 2017. With more than 300 million active customers, Amazon offers small businesses the opportunity to reach shoppers in more than 180 countries around the world. Small businesses are also able to use Amazon’s world-class fulfillment and customer service expertise through Fulfillment by Amazon.

“We started working with small businesses to sell online back in 2000 and have helped hundreds of thousands achieve success. AmazonMarketplace has grown so significantly that sales by small businesses now account for over half of the unit sales on Amazon sites around the world, and 2017 is off to a record-start with over 2 billion units sold,” said Peter Faricy, Vice President for Amazon Marketplace. “We love hearing the stories from these small business owners who are able to quit their day jobs to sell on Amazon full-time, hire more employees to grow their business, and, in many cases, start other businesses – it’s very energizing for Amazonians to know that the technology we are building is helping so many people pursue their dreams.”

Facts about the Amazon Marketplace:

  • Amazon has 11 marketplaces around the world for small businesses and entrepreneurs to reach customers.
  • More than half of the items sold on Amazon worldwide are from small businesses and entrepreneurs that offer their products through AmazonMarketplace, many of whom also choose to use Fulfillment by Amazon as a way of making their items Prime eligible.
  • More than 100,000 entrepreneurs achieved over $100,000 in sales selling on Amazon in 2016.
  • According to an Amazon economic study, sellers have created over 600,000 new jobs outside of Amazon.
  • Small businesses and entrepreneurs selling on Amazon come from every state in the U.S., and from more than 130 different countries around the world.
  • Amazon sellers fulfilled orders to customers in 185 countries in 2016.
  • The Prime Day 2017 event grew by more than 60 percent over last year – sales growth by small businesses and entrepreneurs was even higher

“Being able to sell on Amazon has been paramount in driving massive amounts of sales and customer visibility, allowing us to build brand awareness where customers shop,” said Kelly Fedio, founder of One Savvy Life, based in Redondo Beach, Calif. “Since we started in 2014, we have successfully introduced several products to customers on Amazon, including our original best-selling infusion water bottle. Amazon has played an instrumental role in helping us launch our small business and grow into an enduring brand.”

Businesses interested in selling on Amazon can visit http://services.amazon.com. To view inspiring stories of inventors, authors, and small business owners who are transforming their lives and pursuing their dreams with Amazon, check out Transformations.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

Media Hotline:
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

GRAIL, Inc. selects Amazon Web Services as its cloud infrastructure provider

Global life sciences company with a mission to detect cancer early taps the cloud with the most functionality to power breakthroughs

SEATTLE, 2017-Aug-01 — /EPR Retail News/ — Today (Jul. 31, 2017), Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that GRAIL, Inc., a life sciences company whose mission is to detect cancer early, when it can be cured, has selected AWS as its cloud infrastructure provider. With more than a billion dollars in funding and advised by a world-class set of industry and cancer experts, GRAIL is combining high-intensity genomic sequencing with the techniques of modern data science as it seeks to transform the way cancer is diagnosed. GRAIL is running one of the largest clinical research programs ever pursued in genomic medicine, and AWS will enable GRAIL to ingest hundreds of thousands of records and genomic datasets, securely and reliably store them, and choose from a wide range of analytics and machine learning services to develop early detection products and demonstrate their clinical utility.

GRAIL is collaborating with leading community and academic medical centers to conduct its studies, which will create unprecedented amounts of data as each patient record can contain as much as a terabyte. By migrating its core processing and analytical infrastructure from on-premises to AWS, GRAIL is leveraging AWS’s unmatched breadth and depth of cloud functionality, HIPAA-compliant services, and proven security to build a data science pipeline that will allow GRAIL and its clinical partners to process and analyze large-scale datasets.

“In today’s complex and competitive global healthcare marketplace, technology is a cornerstone in our effort to develop solutions that detect cancer at its earliest stages,” said Ken Drazan, Chief Business Officer at GRAIL. “AWS’s cloud platform provides critical infrastructure as we scale our databases and computational tools to support our large population-scale clinical studies and the development of our early detection products.”

“Customers across industries are using AWS’s comprehensive set of storage, analytics, and machine learning services to power massive-scale data analytics initiatives,” said Mike Clayville, Vice President, Worldwide Commercial Sales at AWS. “GRAIL is undertaking one of the largest, and most complex, data science initiatives ever conceived. Running on the world’s most widely adopted cloud platform will allow GRAIL to produce and analyze datasets of unprecedented scale, securely collaborate with research and clinical partners, and focus on developing the deepest and most comprehensive understanding of cancer biology to reduce global cancer mortality.”

GRAIL joins a growing list of life sciences and genomics customers and partners running their cloud infrastructures on AWS, including Novartis, Merck, AstraZeneca, GE, Cerner, Phillips, and Bristol Meyers Squibb, along with academic institutions such as NYU, Baylor and Harvard.

About Amazon Web Services

For 11 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 90 fully featured services for compute, storage, networking, database, analytics, application services, deployment, management, developer, mobile, Internet of Things (IoT), Artificial Intelligence (AI), security, hybrid, and enterprise applications, from 43 Availability Zones (AZs) across 16 geographic regions in the U.S., Australia, Brazil, Canada, China, Germany, India, Ireland, Japan, Korea, Singapore, and the UK. AWS services are trusted by millions of active customers around the world — including the fastest growing startups, largest enterprises, and leading government agencies — to power their infrastructure, make them more agile, and lower costs. To learn more about AWS, visit https://aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

About GRAIL

GRAIL is a life sciences company whose mission is to detect cancer early when it can be cured. GRAIL is using the power of high-intensity sequencing, population-scale clinical trials, and state of the art Computer Science and Data Science to enhance the scientific understanding of cancer biology and develop blood tests for early-stage cancer detection. The company’s funding was led by ARCH Venture Partners and includes Amazon, Bezos Expeditions, Bill Gates, Bristol-Myers Squibb, Celgene, Decheng Capital, GV, Illumina, Johnson & Johnson Innovation, Merck, McKesson Ventures, Sutter Hill Ventures, Tencent, Varian Medical Systems, and other financial partners. For more information, please visit www.grail.com.

Media Hotline:
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

CBL completes the extension and modification of two unsecured term loans due to mature in 2018

CHATTANOOGA, Tenn., 2017-Aug-01 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today ( 7/31/2017) announced that it had closed the extension and modification of two unsecured term loans due to mature in 2018.

“We are extremely pleased to complete the extension and modification of these term loans,” said Stephen Lebovitz, president & chief executive officer. “With the significant negativity in the media toward the industry, this demonstrates the ongoing confidence and support by lenders in CBL and our strategy of owning dominant retail real estate.”

“Over the past several years, we have actively pursued balance sheet goals that included extending our maturity schedule as well as reducing our total debt,” said Farzana Khaleel, CBL’s chief financial officer. “We are reinforcing our liquidity by striking an appropriate balance between secured debt, unsecured term loans, lines of credit and public bonds. We are pleased to have the continued confidence and support of our lead banks, Wells Fargo and First Tennessee, as well as that of more than 15 other participating banks.”

Two unsecured term loans expiring in 2018 were modified and extended. The first, with a balance of $400 million, was increased to a balance of $490 million until July 2018, when it will be reduced to $300 million for the remainder of its term. New borrowings under this term loan were used to reduce outstanding balances on the Company’s unsecured lines of credit. The new term loan has an initial maturity date of July 2020 with two, one-year extension options (the 2nd option is at the lenders’ sole discretion), for a final maturity of July 2022. The term loan bears an interest rate of 150 basis points over LIBOR, based on CBL’s current investment grade rating of BBB-/Baa3/BBB-. Wells Fargo Bank National Association served as Administrative Agent; Citizens Bank, N.A. served as the syndication agent; and PNC Bank, National Association and U.S. Bank National Association served as documentation agents. Wells Fargo Securities, LLC, Citizens Bank, N.A., PNC Capital Markets LLC and U.S. Bank National Association served as Joint Lead Arrangers and Joint Bookrunners.

The second unsecured term loan, which currently has a balance of $50 million and was due to mature in February 2018, was modified to a new $45 million term loan. The new loan has an initial maturity date of June 2021 with an additional one-year extension option available at CBL’s discretion, for a final maturity of June 2022. The term loan bears interest at a rate of 165 basis points over LIBOR. First Tennessee Bank NA served as Administrative Agent.

About CBL & Associates Properties, Inc.

Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 121 properties, including 78 regional malls/open-air centers. The properties are located in 27 states and total 75.5 million square feet including 6.3 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

Contact:
Katie Reinsmidt
423-490-8301
EVP – Chief Investment Officer
katie.reinsmidt@cblproperties.com

Source: CBL & Associates Properties, Inc.

John Lewis Partnership announces five retail tech startups for JLAB 2017

John Lewis Partnership announces five retail tech startups for JLAB 2017

 

  • Selected startups include a smart grocery shopping app, a new addressing system and a software which uses artificial intelligence to predict footfall  
  • Finalists will have access to investment of up to £100,000 and 12 weeks’ mentoring
  • Female-led startups set to be strongly represented in the John Lewis and Waitrose accelerator

London, 2017-Aug-01 — /EPR Retail News/ — After a competitive application process, the John Lewis Partnership has selected five retail tech startups for JLAB 2017, its accelerator programme run in association with innovation partner L Marks.

Now in its fourth year, JLAB has become the UK’s largest retail tech accelerator, with Waitrose joining John Lewis for the first time this year, broadening access and opportunities for UK and international startups with the best disruptive ideas in the retail and food services space.

Female-led startups will be strongly represented in this year’s programme, with three of the five companies in this year’s cohort launched by women. The finalists were chosen from more than 300 applications, following a successful pitch to senior John Lewis and Waitrose executives.

The finalists will spend 12 weeks working from the head offices of both Waitrose and John Lewis, developing their ideas while gaining invaluable access to John Lewis and Waitrose resources, as well as industry-leading insight from specialist mentors. At the end of the 12-week programme, each team will have an opportunity to pitch for up to £100,000 in funding in exchange for equity, from a combined fund of £200,000.

The following finalists will begin JLAB’s 12 week programme:

  • Mucho – a smart grocery shopping app which provides daily personalised recipes and enables you to order ingredients when you need them
  • Exaactly – an intelligent addressing system that enables customers to mark any location for delivery, empowering them to get orders anywhere. First time, every time
  • WeFiFo – This digital social hub connects home chefs, supper club hosts and professional chefs with paying guests
  • BB1 – a data analytics solution that uses customer behaviour to help  businesses optimise their ways of working, monitoring an assortment of variables such as customer footfall
  • Journifi – linking online and in-store shopping by providing customers with personalised in-store experiences – such as tailored personal shopper sessions – based on their online behaviour and tastes

Paul Coby, Chief Information Officer at the John Lewis Partnership, said: ‘We’re incredibly excited to welcome a fresh wave of innovators into JLAB this year, and we look forward to helping them fast track their fresh ideas into the lives of our customers. With Waitrose on board, JLAB now offers unrivalled expertise across two of the country’s leading retailers and this has sparked a record number of applications this year. We look forward to supporting and nurturing our five finalists as they shape and develop their products under the guidance of the John Lewis Partnership.’

Stuart Marks, technology entrepreneur and Chairman of L Marks, said: ‘As finalists in the UK’s largest retail tech accelerator, these startups can expect an unprecedented level of support and guidance. The companies enrolled in this year’s JLAB bring together some of the most exciting emerging technology across the fast-moving retail and grocery sectors, and I’m sure they’ll benefit hugely from the industry-leading insight that only John Lewis and Waitrose can provide.’

JLAB will run until late September. For more information visit http://jlab.co.uk.

Notes to editors

The John Lewis Partnership operates 48 John Lewis shops across the UK, johnlewis.com, 354 Waitrose shops, waitrose.com and business to business contracts in the UK and abroad. The business has annual gross sales of over £11bn. It is the UK’s largest example of an employee-owned business where all 86,700 staff are Partners in the business.

Waitrose – voted Best Supermarket in the Which? Customer Survey 2017 awards – currently has 354 shops in England, Scotland, Wales and the Channel Islands, including 64 convenience branches, and another 27 shops at Welcome Break locations. It combines the convenience of a supermarket with the expertise and service of a specialist shop – dedicated to offering quality food that has been responsibly sourced, combined with high standards of customer service.  Waitrose also exports its products to 58 countries worldwide and has eight shops which operate under licence in the Middle East. Waitrose’s omnichannel business includes the online grocery service Waitrose.com, as well as specialist online shops including waitrosecellar.com for wine.

John Lewis – John Lewis operates 48 John Lewis shops across the UK (34 department stores, 12 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as johnlewis.com. It is part of the John Lewis Partnership, the UK’s largest example of worker co-ownership and all 30,000 John Lewis staff are Partners in the business. John Lewis,  ‘Best In-Store Experience 2017’, ‘Best Furniture Retailer 2017,’ ‘Best Homewares Retailer 2017’1, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 280.000 products and is consistently ranked one of the top online shopping destinations in the UK. John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

1Verdict Consumer Satisfaction Awards 2017

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter 
www.johnlewis.com/facebook 
www.johnlewis.com/youtube.

L Marks is a corporate innovation specialist and startup investor, building bridges between big companies seeking innovation and disruptive startups. Founded by serial entrepreneur Stuart Marks, L Marks work with some of the UK’s biggest brands, including DPD, John Lewis and William Hill, running bespoke startup partnership programmes across industry sectors, supporting rapid innovation and connecting them with the best startups. Each programme is tailored to deliver real solutions to the corporate partners frustrations and opportunities, as well as creating real opportunities for startups to test and grow their product with a major partner.

Website: www.lmarks.com
Twitter: @LMarks
Enquiries: press@lmarks.com

For more information please contact:

Rob Joyce
Antidote Communications
Email: JLAB@antidotecommunications.com
Telephone: 0203 740 4009

Source: John Lewis

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Sriracha voted Auntie Anne’s® Pretzel Nation Creation champion; The new spicy pretzel arrives in stores for a limited time only later this year

Sriracha voted Auntie Anne’s® Pretzel Nation Creation champion; The new spicy pretzel arrives in stores for a limited time only later this year

 

LANCASTER, Pa., 2017-Aug-01 — /EPR Retail News/ — More than 1.3 million fan votes have been tallied and the winner has been declared: Sriracha is the Auntie Anne’s® Pretzel Nation Creation champion. The spicy new pretzel will be available in stores for a limited time only later this year.

“As Pretzel Nation Creation confirmed, Auntie Anne’s fans are intensely passionate about their pretzels,” said Carol Pasquariello, vice president of marketing for Auntie Anne’s. “We loved letting them choose our next flavor and can’t wait for the Sriracha Pretzel to join our menu for a limited time later this year.”

An initial request for flavors on social media last month generated more 1,200 fan suggestions. The ten most popular flavors comprised the Pretzel Nation Creation finalists, a mouthwatering mix of sweet and savory. Voting took place from July 21 – July 30 and Sriracha emerged as the overwhelming victor with nearly 200,000 votes more than second place S’mores. At the other end of the spectrum, Pink Lemonade finished last with just 3,578 votes. The final tally:

  • Sriracha: 638,759 votes
  • S’mores: 449,491 votes
  • Taco: 92,693 votes
  • Buffalo Wings: 90,861 votes
  • Maple Brown Sugar: 47,085 votes
  • Korean BBQ: 25,678 votes
  • Apple Pie: 20,855 votes
  • Chocolate Cherry: 9,522 votes
  • Dill Pickle: 7,907 votes
  • Pink Lemonade: 3,578 votes

The new Sriracha Pretzel will join the likes of other Auntie Anne’s delights, including Pepperoni, Cinnamon Sugar, Sweet Almond and more. For updated details about when the new pretzel will be available, visit AuntieAnnes.com or follow on FacebookTwitter and Instagram.

About Auntie Anne’s®:

With over 1,700 locations in 48 states and more than 25 countries, Auntie Anne’s is the world’s largest hand-rolled soft pretzel franchise. Known for their freshness, Auntie Anne’s pretzels are twisted and baked to golden brown perfection in front of guests all day long. Auntie Anne’s can be found in shopping malls and outlet centers, as well as in non-traditional spaces including universities, airports, Walmarts, travel plazas, military bases, and food trucks. For more information, visit AuntieAnnes.com, or follow on FacebookTwitter and Instagram. To receive the latest offers – including a free pretzel for your birthday – download the My Pretzel Perks app.

Source: Auntie Anne’s

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AHOLD DELHAIZE SHARE BUYBACK UPDATE: 1,578,173 COMMON SHARES REPURCHASED IN THE PERIOD FROM JULY 24, 2017 UP TO AND INCLUDING JULY 28, 2017

Zaandam, the Netherlands, 2017-Aug-01 — /EPR Retail News/ — Ahold Delhaize has repurchased 1,578,173 of Ahold Delhaize common shares in the period from July 24, 2017 up to and including July 28, 2017. The shares were repurchased at an average price of €17.30 per share for a total consideration of €27.3 million. These repurchases were made as part of the €1 billion share buyback program announced on December 7, 2016.

The total number of shares repurchased under this program to date is 33,965,160 common shares for a total consideration of €647 million.

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

Contact:

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

Source: Ahold Delhaize

Albert Heijn opent vierde logistiek centrum voor online groei

Zaandam, Netherlands, 2017-Aug-01 — /EPR Retail News/ — Binnenkort opent Albert Heijn een nieuw logistiek centrum in Eindhoven, specifiek voor online bestelde boodschappen. Dit zogenaamde Home Shop Center (HSC) is het vierde HSC van de supermarktketen, en, inclusief alle lokale HUB’s, de 25ste locatie voor de bezorging van online bestelde boodschappen. Vanuit het HSC in Eindhoven worden straks tienduizenden bestellingen per week bij klanten in het zuiden van het land bezorgd.

Online boodschappen doen is niet meer weg te denken en groeit stormachtig. Er is bij klanten steeds meer behoefte aan gemak en flexibiliteit. Zij vinden het prettig om de ene keer boodschappen online te bestellen en een andere keer naar de winkel te gaan. Dat geldt niet alleen voor gezinnen met drukke schema’s, ook bij ouderen die minder mobiel zijn of bijvoorbeeld kinderdagverblijven en zorginstellingen. Op ah.nl – de grootste online supermarkt van Nederland – vinden zij een assortiment van 28.500 producten van Albert Heijn, Etos en Gall & Gall.

Meer boodschappen, meer werkgelegenheid
In het pand van 18.000 m2 aan de Keten 15 in Eindhoven wordt op dit moment volop gebouwd om vanaf het najaar 40.000 bestellingen bij klanten thuis te kunnen bezorgen. Ook worden vanuit de nieuwe locatie de op ah.nl bestelde boodschappen klaargezet bij de Pick Up Points in Brabant, Limburg en Gelderland. Het Home Shop Center geeft een mooie impuls aan werkgelegenheid in de regio met op termijn plek voor 800 medewerkers.

.. met minder kilometers
Door het toevoegen van een extra HSC hoeven minder kilometers gereden te worden voor de thuisbezorging in het zuiden van het land. Vanuit Eindhoven wordt direct bij klanten in de omgeving bezorgd. Om nog meer kilometers te besparen rijden grotere vrachtwagens naar HUB’s in Brabant, Limburg en zuidelijke deel van Gelderland. Een HUB is een plek aan de rand van de stad waar de online bestelde boodschappen met een grote vrachtwagen worden afgeleverd. Vanaf daar rijden kleinere bezorgauto’s de stad in.

Afdeling mediarelaties:
pers@ah.nl
088 6590 2020

Source: Albert Heijn

Co-op extends its local sourcing programme into Cumbria

MANCHESTER, England, 2017-Aug-01 — /EPR Retail News/ — Four Cumbrian-based breweries are among a host of producers in the County to “toast” new contract wins with the Co-op.

The move will see eight businesses supply a new range of over 40 products from this month (August) as the Co-op extends its local sourcing programme into Cumbria.

UK-wide the community retailer has committed to double its local suppliers. This sits alongside a five-point small business charter which is designed to champion local producers, fostering closer relationships and breaking down the traditional trading barriers that smaller businesses can often face. The Co-op – which last year returned to its iconic “clover leaf” designed logo – is to stock the new range in 18 of its stores in Cumbria.

Cumbrian brewers involved in the programme include: the Handsome Brewery which, based in Bowston, which will supply eight of its brews. The Penrith-based Eden Brewery; Stringers Beer of Ulverston and, the Kirkby Lonsdale Brewery Company.

Established in 2009, Kirkby Lonsdale Brewery Company – a family-run craft brewery which names its ales after local themes and landmarks – will supply the retailer with two of its beers, its Monumental blond ale, named after the monument in Kirkby Lonsdale square and, it’s Stanley’s Pale Ale, named after the road bridge. The brewery – which runs a 60 barrel per week operation – will supply 18 of the Co-op’s food stores in Cumbria. It is the largest contract win to-date for the brewery with a national convenience food operator.

Stuart Taylor, Director and Brewer at Kirkby Lonsdale Brewery Co, said:
“It is great news. We take great pride and passion in producing our beers and we are pleased to work with the Co-op which shares our passion for quality, locally produced products. Cumbria is our home, and our heartland, and the Co-op’s community-based approach extends our reach and availability – supporting our brand awareness and business development. We are often asked where our beers can be bought and the Co-op provides a great route to market, helping us to reach customers in areas where they may not previously have been able to buy our beers.”

In addition to breweries, local new local suppliers are: Kendal-based George Romney’s which has bagged a “sweet” contract to supply the community retailer. Romney’s – which marks its centenary next year and whose famous Kendal Mint Cake formed part of the high altitude ration for the first successful Mount Everest expedition of 1953 – will supply eight of its products to the Co-op, including its: hand-made butter fudge; after dinner mints; old fashioned treacle toffee and, its iconic mint cake.

Paula Barron, Director of Romney’s, said:
“As a Cumbrian-based business we are delighted to be working with the Co-op. The Co-op’s own ethos, history and values are a great fit for us. For residents and visitors alike it will enable people in our local communities to have access to buying locally produced Cumbrian confectionary.”

Kendal-based Ginger Bakers has won its contract less than six months after the baker – which marked its tenth anniversary last year and now employs seven people – moved to new purpose built premises with development kitchens to create new ranges and expand capacity. Ginger bakers will supply three of its products to the Co-op, its: chocolate brownies; caramel shortbread and, Ginger Jake – named after the founder’s son.

Lisa Smith, Founder of Ginger Bakers, said:
“We are delighted. The timing could not have been better. After we were devastated by floods we made a conscious decision to relocate to a bigger, purpose built facility in order to expand capacity and develop new ranges based on our traditional recipes – working with the Co-op extends our reach and opens up new markets for us for both residents and visitors to our area.”

Tea and coffee merchant, Farrer’s – which is the oldest independent coffee roaster in the country, established in 1819 – has “brewed-up” a contract which will now see it supply around 30 Co-op food stores across both Lancashire and Cumbria, its largest contract with a national retailer. Soon to mark its 200th anniversary, Farrer’s will supply two of its products, its: No. 1 Blend Cafetiere Grind Coffee and, its Lakeland Special Teabags – which have been specially blended for Cumbrian Lakeland water.

Simon Walsh, MD, Farrer’s, said:
“We are very happy to work with the Co-op, many people who try our drinks in the guest houses, restaurants and coffee shops of Cumbria are often keen to take our product home and, the Co-op’s own history – like ours, stretching back to the 1800’s, its ethos and local flavour not only compliments our brand, but helps Farrer’s to reach and serve new markets in our Cumbrian communities.”

While a Stavelely-based preserve maker has “potted” its first contract with a national retailer. Established in 2006, Cumbrian Delights will supply five of its products to 18 Co-op stores in the county, including its: damson jam and, chutney; its marmalade and, its Cumbrian hot spot – a chilli jam.

Geoff Monkman, founder of Cumbrian Delights, said:
“This is great news. We produce more than 50 jams and preserves in total, and working with the Co-op will help to “spread” our brand awareness further afield, we believe it will also have a beneficial knock-on effect for many of the farm shops and delis who offer other products from our range – this is our first contract of this size and we are delighted, with stores in many tourist areas, it will also help our business development through sales to visitors who come to our beautiful region.”

Charlotte Bleasdale, Ranging Manager for the Co-op in Cumbria, explained:
“It is the innovation, traditions, quality and passion which makes these prized and locally loved products – our customers tell us that food provenance really matters to them, quality, trust, convenience and value are key for consumers. Backing local produce is about much more than just ‘hanging out the bunting’ – Cumbrian food and drink is world-renowned and the Co-op, as a community retailer, is committed to investing in its local communities, supporting local economies and providing opportunities to showcase, support and celebrate great Cumbrian food and drink.”

Backing British is a cornerstone of the Co-op’s food strategy, the Co-ophas pledged its support for British farming with a commitment to invest £2.5BN over the next three years (2017-19). In May the retailer announced that it would source only 100% own-brand British fresh meat – including lamb and bacon. The Co-op is also the only major retailer to use only British meat in all its own-branded chilled ready meals, pies and sandwiches.

Media Contact:

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

Source: Co-op

TFWA to mark the 70th anniversary of the duty free industry with the launch of global marketing drive

Paris, France, 2017-Aug-01 — /EPR Retail News/ — TFWA is to mark the 70th anniversary of the duty free industry in 2017 by launching a global marketing drive highlighting the vital contribution the industry makes to the travel industry and the wider economy. The campaign, which will be made available for use by business partners and stakeholders across the world, features a series of six illustrative graphical adverts based around a number of core messages.

“The 70th anniversary of our industry gives us a wonderful opportunity to tell people why duty free and travel retail matters – whether it’s at airports, on board ferries and cruise ships, at the border, downtown or during a flight,” says TFWA president Erik Juul-Mortensen. “Our industry generates excitement and pleasure as well as vital revenues, and we want to mark that through this campaign.”

The campaign, featuring the caption “Duty free & travel retail: part of the journey”, will consist of a series of evocative and distinctive adverts, each highlighting an aspect of the contribution made by duty free and travel retail to the world of travel. Some of these are practical, such as how the industry brings jobs to local communities, makes travel more accessible and paves the way for transport improvements. Others are more emotional, such as how a visit to the duty free store is part of the holiday experience, how a gift from duty free can make a homecoming even happier, and how the industry brings customers great brands at great prices. The imagery on each advert has been designed to be culturally universal, and the series will be produced in English, French, Spanish, Chinese, Korean, Japanese and Arabic as well as other languages if required.

Airports, retailers, airlines, cruise lines, brands, trade press and other stakeholders partnering with TFWA for this venture will be invited to add their own logo to the adverts, which will be available in a range of formats. These can then be used at their own locations according to availability, in their own promotional material or as part of social media campaigns. The visuals will be made available to partners entirely free of charge.

“It’s a powerful platform for us all to come together and convey a positive message to the traveller about what our industry is all about. So far, we’ve had a really positive response from some of the leading operators in the industry, and I hope all will be united in supporting this initiative. As said before, we as an industry need to speak more often with one voice – this is a chance to do just that.”

To follow TFWA on Twitter, please visit @TFWAnews or search for the hashtag #DutyFree70

For further information please contact:
TFWA press office/Templemere PR
Email: tfwapress@tfwa.com
Tel: +44 (0)1306 735574
www.tfwa.com

Source: TFWA

UK value retailer Poundland launches its first ever summer sale

Willenhall, United Kingdom, 2017-Aug-01 — /EPR Retail News/ — Leading UK value retailer Poundland has today (31st July) launched its first ever summer sale, cutting the price of thousands of product lines to 50p.

At the start of the year Poundland said they would continue to sell the huge majority of items at a £1, but would introduce added value with simple price points which included 50p. This is the first time they have done just that and will continue to do so at key periods in the year, offering even more amazing value.

From outdoor living and gardening products to jewellery and clothing, this sale ensures customers can snap up remarkable summer bargains. Fun in the sun with family and friends doesn’t have to come with an expensive price tag thanks to Poundland.

Amazing value items are always at the heart of Poundland’s offering and this summer sale – set to run until the end of August – brings extra value to high streets up and down the country.

Poundland trading director Barry Williams said: “No-one loves a bargain more than Poundland customers and our promise to them is clear – amazing value every day. Our first ever summer sale is yet another example of how we provide customers with that value.”

“We are discounting everything from outdoor living to confectionery so come rain or shine, we are confident this sale event will brighten our customer’s summer!”

Products that will be reduced include summer toys, outdoor living, gardening, clothing, jewellery and selected confectionery for just 50p.

Source: Poundland

Delivery Hero Group partners with The Coca-Cola Company

New collaboration marks the starting point of a strategic partnership in digital innovation, sales and marketing activities

Berlin, 2017-Aug-01 — /EPR Retail News/ — Delivery Hero Group (“Delivery Hero”), the leading global online food ordering and delivery marketplace, announced today (31 July 2017) that it has entered into a strategic partnership with The Coca-Cola Company. This will mark a new way of collaborating in the field of online food ordering and delivery services.

Delivery Hero will allow for easier ordering of Coca-Cola beverages with the meals its consumers are ordering. The pairings are endless with Delivery Hero’s multiple restaurant choices and the vast choices of Coca-Cola products.

Campaigns and projects under this new partnership will be implemented in several markets where Delivery Hero operates.

Agron Rexhepi, Global Director of Sales of Delivery Hero, comments: “For several years, we have already worked with Coca-Cola successfully in several key markets like Turkey and Greece. We are now entering into a strategic partnership to deepen our cooperation. This will create a clear win-win-win scenario for both partners and our customers.”

Julie Bowerman, VP, Global Omni-Shopper & Ecommerce of Coca-Cola, adds: “Delivery Hero is making the lives of consumers better and easier by bringing them food and beverages where they want it, when they want it.  This is an exciting opportunity for both businesses to work together and deliver to our consumers around the world.

About Delivery Hero

Delivery Hero is the leading global online food ordering and delivery marketplace with number one market positions in terms of restaurants, active users and orders in more countries than any of its competitors and online and mobile platforms across 40+ countries in Europe, the Middle East & North Africa (MENA), Latin America and the Asia-Pacific region. Delivery Hero also operates its own delivery service primarily in 50+ high-density urban areas around the world. The Company is headquartered in Berlin and has over 6,000 employees in addition to thousands of employed delivery drivers.

Media Contact:
Bodo von Braunmühl
Head of Corporate Communication
bodo.braunmuehl@deliveryhero.com

Source: Delivery Hero Group

The Florida Grocers Association hosted The 1st Annual Florida Best Bagger Competition

The Florida Grocers Association hosted The 1st Annual Florida Best Bagger Competition

 

TALLAHASSEE, FL, 2017-Aug-01 — /EPR Retail News/ — The Florida Grocers Association (FGA), a division of the Florida Retail Federation, hosted an event to identify Florida’s best bagger of groceries among Sunshine State grocery industry employees. The 1st Annual Florida Best Bagger Competition took place Sunday, July 23 during the 2017 Sunshine EXPO®, one of the largest retailing events in the Southeast, with contestants representing a number of grocery stores throughout Florida. The winner of this inaugural contest was Kelina Salinas from Lucky’s Market. In addition to taking home “bagging rights” for the year, Kelina also won the $1,000 grand prize along with an all-expense paid trip to represent Florida and compete for a $10,000 grand prize at the National Grocers Association National Best Bagger Championship held in February 2018, in Las Vegas, Nevada.

“We were thrilled with the interest and participation from our grocery members for our first ever Best Bagger Competition as well as the excitement of the audience during the event,” said FGA Executive Director Josie Correa. “I want to congratulate all of the contestants for participating in this inaugural event, and we look forward to supporting Kelina and cheering her on as she represents the State of Florida at the national championships in February.”

The runner-up bagger, Josue Anelus from Publix, received $500 while the third place contestant, J.P. Paiva also from Publix, won $250.

The Florida Best Bagger Competition was for supermarket employees demonstrating a superior core customer service skill in a friendly competition. Contestants were judged by speed of bagging, proper bag-building technique, weight distribution in the bag, as well as style, attitude and appearance. All stores were encouraged to do their own in-store competition and then send their best bagger to the Florida competition. Family, friends, cheer teams and fellow workers were in attendance to cheer on their favorite contestant.

ABOUT THE FLORIDA GROCERS ASSOCIATION
The Florida Grocers Association, a division of the Florida Retail Federation, was launched in 2015 to provide a voice and identity to the state’s $45 billion grocery industry. FGA’s goal is to advocate for its members at the local, state and national level while serving the needs of the more than 2,300 grocery stores and their industry partners statewide. For more information about the Florida Grocers Association, please visit flgrocers.com.

CONTACT:

James Miller
james@frf.org
(850)701-3015

Source:  Florida Grocers Association

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Barnes & Noble invites LEGO Fans to Join the LEGO BOOST Creative Toolbox Building Event on Saturday, August 5

LEGO Fans 7 Years Old and Up Are Invited to Join the LEGO BOOST Creative Toolbox Building Event by Helping Build Vernie, the Coolest New Robot You Can Code

New York, New York, 2017-Aug-01 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today (July 31, 2017) announced the LEGO® BOOST collaborative build experience that will take place at all stores nationwide on Saturday, August 5, where fans will have the exciting opportunity to experiment with LEGO bricks while using coding skills using the LEGO BOOST tablet app, bringing their LEGO creations to life.

During the event, LEGO fans are invited to their local Barnes & Noble store to use the LEGO BOOST Creative Toolbox by working together to build Vernie the Robot. Vernie when coded becomes a moving, talking robot.  Fans will enjoy interacting with Vernie through fun games and obstacle courses.

Specific times for the August 5 event will vary by store. Plus, at select Barnes & Noble stores, local robotics and coding experts will be on hand to help customers with the build. Customers should visit the Barnes & Noble Store Locator or contact their local store for details.

“We are committed to offering customers interactive and fun hands-on experiences. The LEGO BOOST event is another example of how Barnes & Noble sparks creativity and builds imagination,” said Kathleen Campisano, Vice President, Specialty at Barnes & Noble. “The LEGO Group is one of our most important partners, and we are thrilled to be able to deliver this unique opportunity to our customers.”

LEGO BOOST combines the versatile LEGO building system with advanced technology to boost creativity. Customers can download the free tablet app to their devices and follow the step-by-step instructions to build and code any of the five multifunctional models. In addition to Vernie the Robot, the toolbox features M.T.R.4 (Multi-Tooled Rover 4), a robust, versatile rover with four different tool attachments; the Guitar4000, a musical instrument with pitch bend and sound effects; Frankie the Cat, an interactive pet that plays, purrs and expresses its mood; and the AutoBuilder, an automated production line that builds miniature LEGO models. Customers can bring their creations to life with the app’s intuitive, icon-based coding interface and complete an array of exciting activities designed for each model. The set also includes a playmat for use with specific activities, an Interactive Motor, a Color & Distance Sensor and a LEGO BOOST wall poster.

Customers are also encouraged to post pictures of themselves having fun at the event to their social media channels using the hashtag, #BNLegoBoost.

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

Alan McNamara
Senior Director, Corporate Communications
Barnes & Noble, Inc.
(212) 633-3379
amcnamara@bn.com

Source: Barnes & Noble, Inc.

LCP: discount retailer Poundland completes major refit of its Moor Centre store at Brierley Hill

LCP: discount retailer Poundland completes major refit of its Moor Centre store at Brierley Hill

 

London, 2017-Aug-01 — /EPR Retail News/ — Leading discount retailer Poundland has committed to Brierley Hill after refurbishing its store at the Moor Centre.

The high street retailer has undertaken a major refit at the 7,978 sq ft store, said Matt Pegg, asset manager for LCP, the leading national property, investment and management company that manages the Moor Centre.

“We are pleased Poundland has recognised the benefit of being in the centre and reinvested in their store which is well used by the local community,” he said.

“Since purchasing the centre two years ago we’ve been working hard to cement the scheme’s importance in Brierley Hill centre for larger retailers.  With free parking and easy access to the High Street, Poundland will further bolster the Moor Centre’s appeal and significance in this town”.

A spokesman for Poundland said: “We are delighted with our Moor Centre store at Brierley Hill and think it is currently the perfect size and shape for its function.”

The Moor Centre comprises over 12 stores, including leading high street names such as Boots, Iceland and Card Factory.  LCP are in discussions with other occupiers to take the remaining available units.

Contact:

kyates@lcpproperties.co.uk

Source: LCP

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Price Rite Check-Out Hunger fundraising campaign raised more than $135,000 for Greater Boston and Rhode Island Food Banks

Price Rite Check-Out Hunger fundraising campaign raised more than $135,000 for Greater Boston and Rhode Island Food Banks

 

Keasbey, NJ, 2017-Aug-01 — /EPR Retail News/ — Team members from Price Rite presented checks totaling more than $135,000 to representatives of The Greater Boston Food Bank and the Rhode Island Community Food Bank from funds raised during the supermarket chain’s annual Check-Out Hunger fundraising campaign.

Representatives from both food banks accepted the donations at Price Rite stores in Rhode Island and Massachusetts.

Associates are pictured below presenting a check for $65,000 on July 24 to representatives from The Greater Boston Food Bank.  An additional donation of $500 was presented on behalf of Price Rite of Swansea for its finish as the third top-fundraising store across all 64 Price Rite locations.

Team members from the Price Rite of Providence in Rhode Island also presented a check for $70,030 to representatives from the Rhode Island Community Food Bank.

From October – December 2016, Price Rite stores banded together to collect donations at checkout, raising over $250,000 for food banks across nine states to support the fight against hunger. The supermarket chain has raised over $1.4 million for the Check-Out Hunger initiative since 2002.

The supermarket chain contributes approximately $500,000 annually to local food banks and food pantries to benefit local families in need within the communities its stores serves. Through its support of local food banks, the annual Check-Out Hunger fundraising campaign and partnership with Feed The Children, Price Rite is a committed member of its local community. Price Rite stores that contributed to The Greater Boston Food Bank donation include its Brockton, Fall River, New Bedford, Seekonk, South New Bedford, Stoughton and Swansea, MA locations.

About Price Rite

Price Rite is a registered trademark of Wakefern Food Corp., a retailer owned cooperative based in Keasbey, NJ and the largest supermarket cooperative in the United States. Price Rite opened its first store in West Springfield, MA in 1995 and currently operates 64 grocery stores while employing more than 4,000 people in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Maryland, and Virginia. Price Rite offers expanded produce departments and a curated selection of quality food products at exceptional prices. Through its support of local food banks, the annual Check-Out Hunger fundraising campaign and partnership with Feed The Children, Price Rite is a committed member of its local community.  For more information, please visit www.priceritesupermarkets.com.

Source: Price Rite

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SpartanNash to announce its 2Q FY 2017 financial results on Wednesday, August 16, 2017

Byron Center, MI, 2017-Aug-01 — /EPR Retail News/ — SpartanNash Company (the “Company”) (Nasdaq: SPTN) will announce its second quarter fiscal year 2017 financial results after the stock market close on Wednesday, August 16, 2017.

The Company will host a conference call to discuss these results with additional comments and details on Thursday, August 17, 2017 at 9:00 a.m. ET. The call will be broadcast live over the Internet hosted at SpartanNash’s website at www.spartannash.com/webcasts under the “Investor Relations” section and will remain available for replay on the Company’s website for approximately ten days.

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose core businesses include distributing grocery products to independent grocery retailers, national accounts, its corporate owned retail stores and U.S. military commissaries. SpartanNash serves customer locations in 47 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. SpartanNash currently operates 150 supermarkets, primarily under the banners of Family Fare Supermarkets, VG’s Food and Pharmacy, D&W Fresh Market, Sun Mart, and Family Fresh Market. Through its MDV military division, SpartanNash is the leading distributor of grocery products to U.S. military commissaries.

Investor Contact:
Tom Van Hall
616-878-8023
Interim Chief Financial Officer

Media Contact:
Meredith Gremel
616-878-2830
Vice President Corporate Affairs and Communications

Source: SpartanNash Company

Overstock.com to release 2Q financial results on Thursday, August 3, 2017

SALT LAKE CITY, 2017-Aug-01 — /EPR Retail News/ — Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform:OSTKP) / Series B Preferred (OTCQX:OSTBP) is scheduled to release second quarter financial results for the period ending June 30, 2017 on Thursday, August 3, 2017 after the market closes. The company has scheduled a conference call and webcast for 4:30 p.m. ET that day to discuss these results. The company will take questions via email prior to the call. Please email all questions in advance of the call to ir@overstock.com.

Webcast information

To access the live webcast and presentation slides, go to http://investors.overstock.com. To listen to the conference call via telephone, dial (877) 673-5346 and enter conference ID 51222829 when prompted. Participants outside the U.S. or Canada who do not have Internet access should dial +1 (724) 498-4326 and enter the conference ID provided above.

Replay

A replay of the conference call will be available at http://investors.overstock.com starting two hours after the live call has ended. An audio replay of the webcast will be available via telephone starting at 7:30 p.m. ET on Thursday, August 3, 2017, through 7:30 p.m. ETon Thursday, August 17, 2017. To listen to the recorded webcast by phone, dial (855) 859-2056 and enter the conference ID provided above. Outside the U.S. or Canada, dial +1 (404) 537-3406 and enter the conference ID provided above.

About Overstock.com
Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform:OSTKP) / Series B Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, jewelry, electronics, apparel, and more, as well as a marketplace providing customers access to hundreds of thousands of products from third-party sellers. Additional stores include Worldstock.com, dedicated to selling artisan-crafted products from around the world, and Main Street Revolution, supporting small-scale entrepreneurs in the U.S. by giving them access to our national customer base. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock regularly posts information about the company and other related matters under Investor Relations on its website.

O, Overstock.com, O.com, O.co, Club O, Main Street Revolution, Worldstock and OVillage are registered trademarks of Overstock.com, Inc.  O.biz and Space Shift are also trademarks of Overstock.com, Inc.  Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

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-Q 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:

Mark Delcorps
Overstock.com, Inc.
+1 (801) 947-3564
pr@overstock.com

Investor Contact:

Brian Keller
Overstock.com, Inc.
+1 (801) 947-5374
ir@overstock.com

Source: Overstock.com, Inc./globenewswire

Costco Wholesale Corporation declares quarterly cash dividend on common stock of $.50 per share

ISSAQUAH, Wash., 2017-Aug-01 — /EPR Retail News/ — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq:COST) today (July 31, 2017) announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $.50 per share. The quarterly dividend is payable September 1, 2017, to shareholders of record at the close of business on August 18, 2017.

Costco currently operates 736 warehouses, including 511 in the United States and Puerto Rico, 97 in Canada, 37 in Mexico, 28 in the United Kingdom, 25 in Japan, 13 in Korea, 13 in Taiwan, eight in Australia, two in Spain, one in Iceland and one in France. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.

Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (including health care costs), energy and certain commodities, geopolitical conditions, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements, except as required by law.

CONTACTS:
Costco Wholesale Corporation
Richard Galanti
425/313-8203

Bob Nelson
425/313-8255

David Sherwood
425/313-8239

Source: Costco Wholesale Corporation/globenewswire