Global Cloud Storage Market Challenges, Key Vendors, Drivers and Trends by Forecast to 2023

PUNE, India, 2017-Aug-04 — /EPR Retail News/ — Cloud storage allows enterprises to store data on remote servers that can be accessed through internet. These remote servers are maintained, operated and managed by cloud storage service providers. Cloud storage is basically a virtual mode of data storage. The data stored on cloud can be accessed and shared across devices through internet. Data security is a major restraining factor in cloud storage. Due to rapid growth in malicious hacking technologies, data security is at risk and can lead to heavy losses for the company if critical data is hacked.

Other restraining factors in Cloud Storage Market would be regulatory compliance issues and lack of high network bandwidth for data transfer. These issues can cause hindrance in growth of cloud storage market.

Major factors driving the growth of cloud storage market are high demand for hybrid cloud storage and growing need for enterprise mobility. Need for easy implementation of cloud storage systems is another factor fueling the growth of cloud storage market. The solution segment is further classified into primary storage, cloud storage gateway, data archiving, disaster recovery and back up storage. Out of these Cloud Storage Market gateway has gained maximum popularity owing to easy integration into existing infrastructure of the enterprise.

The global cloud storage market is expected to grow at approx. USD 104 Billion by 2023, at 25% of CAGR between 2017 and 2023.

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Major Key Players:

  • Amazon Web Services (U.S.)
  • IBM Corporation (U.S.)
  • Microsoft Corporation (U.S.)
  • VMware, Inc. (U.S.)
  • HP Enterprise Company (U.S.)
  • Google, Inc. (U.S.)
  • Oracle Corporation (U.S.)
  • Rackspace Hosting, Inc. (U.S.)
  • EMC Corporation (U.S.)
  • Dropbox, Inc. (U.S.)

 

Cloud Storage Market Segmentation:

The cloud storage market has been segmented on the basis of solution, service, deployment and vertical. The managed services is expected to grow at the highest rate during the forecast period owing to better user experience. Managed services offer remote management of IT infrastructure and hence large number of companies are opting for managed services.

 

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Cloud Storage Market -Forecast to 2023”.

 

Market Research Analysis:

The global cloud storage market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. In the global cloud storage market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate as compared with other regions. Within Asia Pacific, the reasons fuelling the market growth are the growing demand for hybrid cloud storage, increasing need for enterprise data storage, and rising cloud-based applications.

 

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of cloud storage market. In Europe, the presence of several market players that provide cloud services have fueled the market growth. The presence of high end infrastructure ensures higher penetration of internet and hence better connectivity.

 

Intended Audience:

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original equipment manufacturers (OEMs)
  • Research/Consultancy firms
  • Cloud vendors
  • Application design and development service providers
  • System integrators/migration service providers
  • Training and education service providers
  • Data integration service providers
  • Managed service providers
  • Data quality service providers

 

Regional Analysis:

The regional analysis of cloud storage market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period.

 

The highest market share in North America region is attributed to early adoption of new technologies and larger investments in cloud based solutions.

 

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Table of Contents

1          Market Introduction

1.1       Introduction

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

Continued….

 

List of Tables

Table 1 Cloud Storage Market, By Component

Table 2 Cloud Storage Market, By Deployment Model

Table 3 Cloud Storage Market, By Vertical

Continued….

 

List of Figures

Figure 1 Research Type

Figure 2 Cloud Storage Market, By Component (%)

Figure 3 Cloud Storage Market, By Deployment Model (%)

Continued….

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Contact:

Akash Anand,

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Global Blu-ray Players Market is estimated to grow at a CAGR of 15% by Forecast to 2023

PUNE, India, 2017-Aug-04 — /EPR Retail News/ —

Market Highlights:

Blu-ray player is a digital optical disc data storage format. It was designed to supersede the DVD format and is establishing itself world-wide as the successor standard to DVD. It offers users many advantages in comparison to normal DVDs owing to its high storage capabilities. It is capable of storing high-definition (720p and 1080p) and ultra-high-definition video resolution (2160p). Blu-ray refers to the blue laser used to read the disc, which allows information to be stored at a greater density. The blu-ray disc player is basically a device to play a blu-ray disc. It can support various formats of discs namely, high fidelity pure audio, advanced video coding high definition, 3D and ultra HD. Out of which ultra HD being the highest resolution format that supports 4K with 10-bit HDR.

Major factors driving the growth of blu-ray players market is the increasing demand for high quality digital entertainment and changing consumer preferences about the choice of video content. Due to growing digital urbanization, blu-ray players market is growing rapidly and has given a new definition to digital entertainment. With the rapid growth in the gaming sector, blu-ray players market is expected to grow at a high rate.

The Blu-ray Players Market has been segmented on the basis of component, disc format and application. The component segment is further bifurcated into software and hardware. The hardware used in putting together a blu-ray player depends upon the disc format that will be run on the respective blu-ray player.

The global blu-ray players market is expected to grow at approx. USD 2.4 Billion by 2023, at 15% of CAGR between 2017 and 2023.

Major Key Players:

  • Cambridge Audio (U.K.)
  • Panasonic Corporation (Japan)
  • Sony Corporation (Japan)
  • Samsung Group (South Korea)
  • LG Electronics Inc. (South Korea)
  • Philips (Netherlands)
  • Seiki Digital (U.S.)
  • Magnavox (U.S.)
  • Toshiba (Japan)
  • Hualu (China)

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Blu-ray Players Market Segmentation:

The blu-ray players market has been segmented on the basis of component, disc format and application. The disc format segment is further bifurcated into high fidelity pure audio, advanced video coding high definition, 3D and ultra HD. Advanced video coding high definition (AVCHD) is a format for the digital recording and playback of high-definition video which was jointly developed by Sony and Panasonic. It supports a variety of video resolutions and scanning methods. Ultra HD Blu-ray is a new disc format which is incompatible with existing blu-ray players. It supports 60fps 4K UHD video encoded in HEVC with 10-bit HDR and a wider color gamut.

 

Regional Analysis:

The regional analysis of blu-ray players market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in blu-ray players market in North America is attributed to the technical advancements and increasing demand for high end digital entertainment and increasing technological advancements in that region.

 

Market Research Analysis:

The global blu-ray players market, by geography, has been segmented into North America, Europe, Asia Pacific and Others. In the global blu-ray players market, Asia Pacific is anticipated to witness relatively faster adoption and hence is expected to grow at the highest CAGR during the forecast period. Within Asia Pacific, blu-ray players market is projected to contribute faster to the growth of revenue backed by increasing demand for high quality digital entertainment in countries such as Japan, China and India.

 

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of blu-ray players market. In Europe, the presence of advanced infrastructure with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of blu-ray players market.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Blu-ray Players Market – Forecast to 2023”.

Blu-ray Players Market (MRFR) Analysis:

Blu-ray players market can be segmented on the basis of component, disc format and application. The application segment is further bifurcated into consumer electronics, cinema, automobiles and others. Blu-ray player offers various features like video streaming, Wi-Fi capabilities, surround sound, picture adjustability, disc formats, multiple disc capacity, blu-ray player live and few more. This is what makes it perfect for the applications like cinema and consumer electronics. New ultra HD blu-ray discs hold up to 66 GB and 100 GB of data on dual and triple layer discs respectively.

 

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Intended Audience:

  • Technology investors
  • Research/Consultancy firms
  • Service providers
  • Platform vendors
  • Third party providers
  • Cloud service providers
  • Internet service providers
  • Application service providers
  • Technology providers

 

Table of Contents

1          Market Introduction

1.1       Introduction

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

2          Research Methodology

2.1       Research Type

2.2       Primary Research

2.3       Secondary Research

2.4       Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

Continued….

 

List of Tables

Table 1 Blu-Ray Players Market, By Component

Table 2 Blu-Ray Players Market, By Disc Format

Table 3 Blu-Ray Players Market, By Application

Continued….

 

List of Figures

Figure 1 Research Type

Figure 2 Blu-Ray Players Market, By Component (%)

Figure 3 Blu-Ray Players Market, By Disc Format (%)

Continued….

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Contact:

Akash Anand,

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Ross Stores to announce its Q2 2017 earnings results on Thursday, August 17, 2017

Dublin, California, 2017-Aug-04 — /EPR Retail News/ — Ross Stores, Inc. (Nasdaq:  ROST) will announce its second quarter 2017 earnings results on Thursday, August 17, 2017. A press release will be sent out at approximately 4:00 p.m. Eastern time.

The Company will also provide additional details concerning its second quarter 2017 results and business outlook on a conference call to be held on Thursday, August 17, 2017 at 4:15 p.m. Eastern time.  Participants may listen to a real-time audio webcast of the conference call by visiting the Investors section of the Company’s website located at www.rossstores.com.

A recorded version of the call will also be available at the website address, as well as via a telephone recording at 404-537-3406, Passcode #61894409, through 8:00 p.m. Eastern time on August 24, 2017.

Ross Investor Relations:

investor.relations1@ros.com

Source: Ross Stores, Inc./globenewswire

Chance to win a breakroom makeover with Staples

$50,000 Prize Will Transform the Winner’s Workplace

FRAMINGHAM, Mass., 2017-Aug-04 — /EPR Retail News/ — Is your current breakroom lacking and in need of an upgrade? Do you actively avoid the breakroom because it doesn’t represent an inviting and collaborative space where you want to spend time? If so, you are in luck. Staples, Inc. wants to makeover your breakroom and show how office design contributes not only to office morale, but also to productivity, collaboration, recruitment and retention.

Starting today (Aug. 2, 2017), all U.S. businesses with at least 10 employees are eligible to enter for a chance to win the makeover. As a leader in the breakroom space, Staples Business Advantage, the B2B division of Staples, will provide the grand prize winner access to its solutions – including coffee options, healthy snacks, office furniture, cleaning solutions, and technology products – as well as expert design and installation services. The winning breakroom will also be the focus of a professional workplace study to demonstrate how a changing workspace can impact office behavior and culture.

“The workplace continues to evolve and the classic meaning of the breakroom as just a place to heat up your lunch is a thing of the past,” said Neil Ringel, president, North American Delivery.” When designed thoughtfully and with the employee in mind, the breakroom can be one of the most valuable spaces in the office and Staples is excited to demonstrate the impact that workplace design can have on productivity and collaboration.”

How to Enter:

  • In 150 words or less, describe the features of your ultimate breakroom and why your current company needs a breakroom makeover
  • Submit up to three photos of your current breakroom
  • Enter before August 29th at 5:00 p.m. Eastern Time

All entries will be judged to determine three finalists. A Staples design expert will then visit those three offices in-person to determine which breakroom is most suitable for the makeover. To learn more about the contest or for more information including judging criteria and eligibility, please visit the contest website.

Staples, Inc.
Staples brings technology and people together in innovative ways to consistently deliver products, services and expertise that elevate and delight customers. Staples is in business with businesses and is passionate about empowering people to become true professionals at work. Headquartered outside of Boston, Mass., Staples, Inc. operates primarily in North America, with additional offices in South America and Asia. More information about Staples (NASDAQ: SPLS) is available at www.staples.com.

Contact:
Nikki D’Addario
508-253-8249
Nikki.Daddario@staples.com

Source: Staples, Inc.

SPAR Hungary completes renewal and renovation of two supermarkets in Budapest as part of its store modernisation program

Hungary, 2017-Aug-04 — /EPR Retail News/ — SPAR Hungary recently renewed two stores in Budapest with a budget of more than 500 million HUF (€1.6 million).

The SPAR Partner is constantly monitoring and meeting customer demands and store modernisation forms an important part of this. During the first half of this year, SPAR Hungary implemented major developments in eight of its stores and has now completed the renewal and renovation of two supermarkets in the capital city. Both stores are located at busy crossroads in districts near residential and office buildings. They provide a modern working environment and a long-term livelihood to 36 employees.

The supermarket located at Rózsa street in District IV of Budapest was renewed with a budget of 399 million HUF (€1.3 million), according to the latest SPAR design concept. The reconstruction included the installation of a new curtain wall structure on the building facade, with the installation of a new canopy. The 851m² retail space was completely renewed, including new cooling equipment and furniture, cashiers and stands. A new bakery was added to the store, offering fresh, locally-made products. An automatic motion-sensor gate welcomes shoppers at the entrance, which leads to the fruit and vegetable department, then to the bakery and delicatessen counters. The building’s energy-efficiency has increased, and LED lighting and closed coolers have also helped to lower energy usage.

Additionally, SPAR Hungary invested 112 million HUF (€366,000) in the development of the SPAR store at Váci street in District XIII of Budapest. This store, located near a busy transport crossing, is popular among employees of the nearby offices. The investment included the renovation of the 168m² retail space with most of the equipment being replaced. New stands, shelves and cashiers were installed and most of the cooling equipment is new.

Contact:

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

Source: Spar International

Lowe’s Canada opens new RONA store in Carignan, Quebec

Boucherville, Quebec, 2017-Aug-04 — /EPR Retail News/ — Lowe’s Canada announced today (August 3, 2017) the official opening of a new RONA store in Carignan, Quebec. Located at 2395 Chambly Road, this is the 9th RONA store to open in Canada since the beginning of 2017, consolidating the expansion of the RONA brand in Canada. This new store, resulting from a total investment of close to $10 million, has enabled the creation of 50 new jobs in the Montérégie community.

“Lowe’s Canada’s network of stores is growing rapidly and the RONA brand is contributing significantly to this expansion. By investing in an enhanced offering, we want to make RONA the market leader in the proximity segment (small and medium-sized stores) in Quebec and Canada,” said Serge Éthier, Executive Vice President, RONA Proximity. “Led by Benoit Laganière, the seasoned team at RONA Carignan has the expertise to guide and advise consumers in all their renovation and construction projects. With a selection of high-quality products and unparalleled customer service, we are confident that this new store will quickly position itself as an essential destination for home improvement in the region.”

Strategically located in the heart of a new and growing commercial district, the new RONA Carignan store has a retail area of nearly 65,000 square feet, including a garden centre of more than 7,500 square feet. The store offers a shopping experience and a value proposition that are the hallmarks of this brand, which is greatly appreciated by consumers, as well as construction and renovation professionals.

In addition to the full range of RONA products available on rona.ca, customers of RONA Carignan have access to more than 20,000 in-store products, including home appliances. This new product category is growing fast at RONA stores in Quebec and includes major brands such as Samsung, LG, Bosch, KitchenAid, Whirlpool, Maytag, Frigidaire, Electrolux and GE. The store also offers the following main product categories: paint, lighting, hardware, electricity, tools and seasonal products. Furthermore, it includes specialty departments for building supplies, doors and windows, bathrooms and kitchens, plumbing and flooring. Services offered at the new location include installation, cutting and delivery, as well as sales to businesses and contractors. Finally, customers can benefit from the AIR MILES® rewards program and the very attractive RONAdvantages financing program.

Today, local dignitaries and RONA executives joined employees to celebrate the store’s official opening at an inauguration ceremony where a donation of $5,000 was made to the local organization J’ai faim à tous les jours. This donation will help the organization continue its mission of offering hot meals and snacks to underprivileged children at the nine elementary schools and one high school in the municipalities of Chambly and Carignan, as well as assisting many disadvantaged families in these municipalities.

To share this news on social networks, please use #RONAOpening and @RONAinc.

About Lowe’s Canada

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe’s and its related businesses operate or service 2,365 home improvement and hardware stores and employ over 290,000 people. Based in Boucherville, Quebec, Lowe’s Canadian business, together with its wholly owned subsidiary, RONA inc., operate or service over 600 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe’s, RONA, Réno-Dépôt, Marcil, Dick’s Lumber and Ace. In Canada, the companies have more than 25,000 employees, in addition to nearly 5,000 employees in the stores of RONA’s independent affiliate dealers. For more information, visit Lowes.ca.

For more information, please contact:

Valérie Gonzalo
Media Relations
514 626-6976
media@rona.ca

Source: Lowe’s Companies, Inc.

Schnucks teams up with the Gateway Arch Park Foundation to host an eclipse party in downtown St. Louis

Grocer is partnering with Gateway Arch Park Foundation for an eclipse party in downtown St. Louis!

ST. LOUIS, 2017-Aug-04 — /EPR Retail News/ — On Monday, Aug. 21 at approximately 1:18 p.m., the St. Louis metropolitan area will experience its first TOTAL solar eclipse since 1442 – 50 years before Columbus sailed the ocean blue. To celebrate this extremely rare occurrence, Schnucks has partnered with the Gateway Arch Park Foundation to host an eclipse party in downtown St. Louis.

The two St. Louis institutions are inviting all to attend the party from noon – 2 p.m. on the day of the eclipse at Luther Ely Smith Square at the corner of 4th and Market Street. There will be a variety of food trucks on hand, and Schnucks will be offering complimentary special solar eclipse cookies – baked fresh at Schnucks Bakery (while supplies last).

Schnucks Chief Marketing Officer Andrew Nadin reminds sky gazers that it’s never safe to look at the sun without proper eye protection. (Normal or even darkened sunglasses are not safe enough.) “To protect everyone’s eyes at the party, Schnucks will be handing out special solar eclipse glasses FREE of charge,” Nadin said. “For those not able to attend the party, starting Aug. 7 and while supplies last, the glasses will be available at no charge at the courtesy center of St. Louis metropolitan area Schnucks stores as well as other select stores in the eclipse path.” (For a complete list of stores and more information on the event, please visit schnucks.com/totaleclipse.)

Parking will be available at the Kiener East, Kiener West and Stadium East Garages. For more parking options, visit getaroundstl.com.

Founded in St. Louis in 1939, Schnuck Markets, Inc. is a third-generation, family-owned grocery/pharmacy retailer committed to nourishing people’s lives. The company takes pride in its community partnerships and gives more than $13 million annually in food to food pantries and more than $1.7 million to not-for-profit organizations through the company’s My Schnucks Card program. Schnucks operates 100 stores in Missouri, Illinois, Indiana, Wisconsin and Iowa. Privately held, Schnucks employs 14,000 teammates and is headquartered in St. Louis, Missouri. Follow Schnucks on Facebook at www.facebook.com/schnucks.

Media Contact:

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

Source: Schnucks

Sprouts Farmers Market Q2 2017 results: Net sales of $1.2 billion; a 15% increase from the same period in 2016

PHOENIX, 2017-Aug-04 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today ( 8/3/2017) reported results for the 13-week second quarter ended July 2, 2017.

Second Quarter Highlights:

  • Net sales of $1.2 billion; a 15% increase from the same period in 2016
  • Comparable store sales growth of 1.4% and two-year comparable store sales growth of 5.5%
  • Net income of $41 million; a 10% increase from the same period in 2016
  • Diluted earnings per share of $0.29; a 16% increase from the same period in 2016
  • Increased full-year sales, comps and EPS guidance for 2017

“Sprouts’ accelerating comp sales and strong top-line growth during this competitive grocery environment demonstrates the power of our brand,” said Amin Maredia, chief executive officer of Sprouts Farmers Market. “Strategic initiatives focused on product innovation, online customer engagement and knowledgeable customer service are driving new store productivity and customer loyalty.”

Second Quarter 2017 Financial Results

Net sales for the second quarter of 2017 were $1.2 billion, a 15% increase compared to the same period in 2016.   Net sales growth was driven by strong performance in new stores opened and a 1.4% increase in comparable store sales.

Gross profit for the quarter increased 12% to $342 million, resulting in a gross profit margin of 28.9%, a decrease of 70 basis points compared to the same period in 2016.  This primarily reflects the impact of modest cost inflation coupled with the ongoing competitive environment and higher occupancy costs.

Direct store expense (“DSE”) for the quarter increased 14% to $236 million, or 19.9% of sales, compared to 20.1% in the same period in 2016.  This leverage primarily reflects our strategic focus on labor productivity improvement and operating efficiencies, partially offset by higher benefit costs.

Selling, general and administrative expenses (“SG&A”) for the quarter increased 24% to $38 million, or 3.2% of sales, compared to 3.0% in the same period in 2016. This primarily reflects higher compensation expenses and other corporate costs versus the prior year.

Net income for the quarter was $41 million, a 10% increase compared to net income for the same period in 2016. Diluted earnings per share was $0.29, an increase of $0.04 or 16%, as compared to diluted earnings per share of $0.25 for the same period in 2016. This increase was driven by higher sales, fewer shares outstanding due to our repurchase program and a lower effective tax rate primarily related to the 2017 change in accounting standards for stock-based compensation.

Fiscal Year-to-Date Financial Results
For the 26-week period ended July 2, 2017, net sales were $2.3 billion, a 14% increase compared to the same period in 2016.  Growth was driven by a 1.2% increase in comparable store sales and solid performance in new stores opened.  Net income was $87 million, a 5% increase compared to net income for the same period in 2016. Diluted earnings per share was $0.62, an increase of $0.07 or 13%, compared to diluted earnings per share of $0.55 for the same period in 2016.

Growth and Development

During the second quarter of 2017, we opened 13 new stores: two each in Colorado, Florida, Georgia and Texas and five in California.  Five additional stores have been opened in the third quarter to date, resulting in a total of 279 stores in 15 states as of August 3, 2017.

Leverage and Liquidity

We generated cash from operations of $180 million year-to-date through July 2, 2017 and invested $113 million in capital expenditures net of landlord reimbursement, primarily for new stores. In addition, we repurchased 1.8 million shares of common stock for a total investment of $40 million during the quarter. We ended the quarter with a $310 million balance on our revolving credit facility, $25 million of letters of credit outstanding under the facility, $15 million in cash and cash equivalents, and $210 million available under our current share repurchase authorization.  Subsequent to the end of the quarter and through July 31, 2017, we repurchased an additional 0.7 million shares of common stock for an investment of $16 million. Year-to-date through July 31, 2017, we have repurchased 6.6 million shares of common stock for a total investment of $136 million.

“Our strong cash generation positions Sprouts well to invest in our business for growth and enhance shareholder returns through our ongoing share repurchase program,” said Brad Lukow, chief financial officer of Sprouts Farmers Market.

2017 Outlook

The following provides information on our guidance for 2017:

Full-Year 2017 Full-Year 2017
Current Guidance Prior Guidance
Net sales growth 13% to 14% 12.5% to 13.5%
Unit growth 32 new stores 32 new stores
Comparable store sales growth 1.5% to 2.0% 0.5% to 1.5%
Diluted earnings per share $0.88 to $0.92(1) $0.87 to $0.91
Capital expenditures
(net of landlord reimbursements)
$155M to $165M $155M to $165M

(1) Guidance includes an estimated effective tax rate of 33% for 2017. The lower effective tax rate is due to the 2017 change in accounting standards related to the recognition of excess tax benefits for stock-based compensation and the associated effect of actual and estimated option exercises for the year.

Second Quarter 2017 Conference Call

We will hold a conference call at 7 a.m. Pacific Daylight Time (10 a.m. Eastern Daylight Time) on Thursday, August 3, 2017, during which Sprouts executives will further discuss our second quarter 2017 financial results.

A webcast of the conference call will be available through Sprouts’ investor webpage located at investors.sprouts.com. Participants should register on the website approximately 10 minutes prior to the start of the webcast.

The conference call will be available via the following dial- in numbers:

  • U.S. Participants: 877-398-9481
  • International Participants: Dial +1-408-337-0130
  • Conference ID: 52336771

The audio replay will remain available for 72 hours and can be accessed by dialing 855-859-2056 (toll-free) or 404-537-3406 (international) and entering the confirmation code: 52336771.

Important Information Regarding Outlook

There is no guarantee that Sprouts will achieve its projected financial expectations, which are based on management estimates, currently available information and assumptions that management believes to be reasonable.   These expectations are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management.  See “Forward-Looking Statements” below.

Forward-Looking Statements

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the company’s guidance, outlook and new store openings for 2017. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release.  These risks and uncertainties include, without limitation, risks associated with the company’s ability to successfully compete in its intensely competitive industry; the company’s ability to successfully open new stores; the company’s ability to manage its rapid growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; and other factors as set forth from time to time in the company’s Securities and Exchange Commission filings, including, without limitation, the company’s Annual Report on Form 10-K.  The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.

Corporate Profile

Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 27,000 team members and operates more than 275 stores in 15 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Non-GAAP Financial Measures

In addition to reporting financial results in accordance with accounting principles generally accepted in the United States (“GAAP”), the company has referenced EBITDA. This measure is not in accordance with, and is not intended as an alternative to, GAAP. The company’s management believes that this presentation provides useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses this measure for reviewing the financial results of the company and as a component of incentive compensation. The company defines EBITDA as net income before interest expense, provision for income tax, and depreciation, amortization and accretion.

Non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, non-GAAP measures should not be considered as a measure of discretionary cash available to use to reinvest in the growth of the company’s business, or as a measure of cash that will be available to meet the company’s obligations. Each non-GAAP measure has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the company’s results as reported under GAAP.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market

First Data announces multiyear partnership with Martinsville Speedway as the entitlement sponsor of Monster Energy NASCAR Cup Series race

  • The October 29 race, part of the Monster Energy NASCAR Cup Series Playoffs, begins First Data’s three-year race entitlement at Martinsville’s famous “Paperclip” half-mile oval
  • First Data will also deploy its Clover point-of-sale platform across three tracks owned by International Speedway Corp. (ISC) and will test other payments technology and gift card partnerships at the Martinsville’s First Data 500 race

NEW YORK and MARTINSVILLE, Va., 2017-Aug-04 — /EPR Retail News/ —First Data (NYSE: FDC), a global leader in commerce-enabling technology, announced Wednesday it will enter into a three-year agreement, running through 2019, with Martinsville Speedway to be the entitlement sponsor of the fall Monster Energy NASCAR Cup Series race, starting with the First Data 500, on October 29. In addition, First Data’s Clover platform, a business management and point-of-sale payments solution, will be deployed at three International Speedway Corporation tracks this season: Martinsville, Phoenix Raceway, and Homestead-Miami Speedway.

The half-mile speedway, known for its unique layout and iconic grandfather clock trophy, has given race fans 70 years of excitement since opening in 1947. “The Paperclip,” as it’s often referred to, is the only speedway on the original 1949 NASCAR schedule that continues to host the sport’s top series today.

“Martinsville Speedway is a legendary race track, and Clay Campbell and his team have been terrific partners for First Data as we add our payments solutions to the NASCAR experience for the benefit of race fans,” said First Data Chairman and CEO Frank Bisignano. “We can’t wait for the fall race to host our clients and partners, many of whom are die-hard race fans, and see the First Data 500 logo proudly displayed on the infield and all around the property.”

“It’s really exciting to have First Data come on board for a multiyear partnership with Martinsville Speedway, as the entitlement sponsor of our fall race,” Martinsville Speedway President Clay Campbell said. “It’s great to see First Data use Martinsville Speedway and NASCAR as the platform to expand their brand and create a deeper public understanding of how their technology is at the heart of transactions around the world.”

Having the Clover platform at International Speedway Corporation tracks is the next step in expanding First Data’s footprint in the sports world, which already includes placement in stadiums and arenas across the country.

Clover offers several different devices, including Clover Mobile and the recently-launched Clover Flex. Clover is designed to safely and securely accept a variety of payment methods, offering increased flexibility to customers. Clover offers an array of apps that simplify business operations, including data and analytics tools that help businesses of all sizes better understand the needs of their customers.

Clover can be used by a wide range of businesses, from neighborhood shops to large businesses. Recently, stadiums and arenas across the country have implemented Clover devices to improve the fan experience. Now, Clover devices will enable commerce at some of the most storied race tracks in the country, including Martinsville.

“Having First Data choose Martinsville as the platform in which they showcase their brand and products is exciting for all of us at ISC,” Executive Vice President, Chief Development Officer and Chief Digital Officer for International Speedway Corporation Craig Neeb said. “NASCAR racing offers them the opportunity to not only get in front of fans, but also help build relationships with Fortune 500 companies across the globe.”

The First Data 500 is the first race in the Round of 8 of the Monster Energy NASCAR Cup Series Playoffs. If the winning driver is in the Playoffs, he or she would be the first to clinch a spot in the Championship race at Homestead-Miami Speedway. Last fall, Jimmie Johnson won his ninth grandfather clock, on the way to winning his record-tying seventh NASCAR Cup Series championship.

Tickets for the First Data 500 are on sale and may be purchased by calling 877.RACE.TIX or online at www.martinsvillespeedway.com.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 24,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,800 transactions per second and $2.2 trillion per year.

About Martinsville Speedway

Founded in 1947 by the late H. Clay Earles, Martinsville Speedway is only track which has hosted Monster Energy NASCAR Cup Series races every year since the division’s inception in 1949. At .526 miles in length, Martinsville Speedway is the shortest track on the Monster Energy NASCAR Cup Series circuit, and offers some of the most exciting and close-quarters racing in the sport. The track is also one of the most modern, with high-rise aluminum chair back seating, corporate and fan suites and state-of-the-art facilities for the media. Now owned by International Speedway Corporation, Martinsville Speedway conducts three major race event weekends each year. The track annually hosts the STP 500 and the First Data 500 Monster Energy NASCAR Cup Series races, the Alpha Energy Solutions 250 and Texas Roadhouse 200 presented by Alpha Energy Solutions NASCAR Camping World Truck Series races and the ValleyStar Credit Union 300 NASCAR’s biggest, richest and most prestigious Late Model Stock Car race.

For more information about Martinsville Speedway, visit www.martinsvillespeedway.com.

CONTACT:

Martinsville Speedway
Brooks Taylor
276-956-7202
bbtaylor@martinsvillespeedway.com

First Data
Liidia Liuksila
212-515-0174
Liidia.Liuksila@FirstData.com

Source: First Data

Carrefour Spain opens new Supeco store located at Leganés

Carrefour Spain opens new Supeco store located at Leganés

 

Spain, 2017-Aug-04 — /EPR Retail News/ — A new Supeco has opened its doors to the public in Leganés. Forty-six people work in the new centre, in addition to which, the company estimates that new store opening has generated indirect employment for over 90 more people in the area. The store offers the most aggressive retail prices for fresh and packaged food products, and has a 96-vehicle outdoor carpark.

Supeco Leganés boasts a 1,575 m2 sales area and nine checkout points. The store has uninterrupted opening hours, Monday to Saturday, from 9:00 am to 10:00 pm and Sundays from 10:00 am to 9:00 pm, it centres its aggressive sales policy on offering the best price in food products (fresh and packaged), among which, local suppliers play a predominant role. Supeco works with local and regional suppliers to ensure that products arrive “from the field to the table” with the best price on the market.

With over 7,000 references, it also includes a specific product mix for the catering sector.

A “cash and carry” look to reduce costs and offer the lowest price

Aesthetically speaking, Supeco Leganés looks more like a “cash and carry” than a conventional supermarket. And the company has simplified both product packaging and presentation as much as possible, as well as lighting, decoration and furnishings in the store, without neglecting product quality. This means costs can be optimised and the savings made, reinvested in order to offer the best Spanish retail market prices.

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

. By phone:

Switchboard: +33 (0)1 41 04 26 00

For journalists: +33 (0)1 41 04 26 17

. By e-mail: presse_groupe@

Source: Carrefour Group

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Carrefour opens hypermarket store in São Paulo in the new Jardim Pamplona Shopping Center

Carrefour opens hypermarket store in São Paulo in the new Jardim Pamplona Shopping Center

 

São Paulo, 2017-Aug-04 — /EPR Retail News/ — This Carrefour inaugurates an hypermarket store in São Paulo in the new Jardim Pamplona Shopping Center. The store has more than 5,600m2 and an assortment of about 34,000 products, with special emphasis on own brand products and fresh items, which add up to more than 4,000 products. The hypermarket reflects the evolution of the model developed by the company in recent years and brings together the best experiences of the New Generation concept, as well as adding a new selection of products, specialized services and technologies.

The concept of the new store focuses on the assortment of fresh products, with a Bakery, Rotisserie and Butcher’s counters with gained glass walls, enabling to see the manufacture in each one of these sectors and Carrefour’s rigorous quality control. While walking through each of these areas, customers have the experience of being in several specialty stores, but with the convenience of buying everything they need in one place, as the sectors are integrated and facilitate the flow of consumers. Altogether, of the 34,000 products, more than 1,000 are from Carrefour’s own brand, 100 of them with the quality seal of the Guarantee of Origin program. In the Market sector, more than 900 types of fruits and vegetables are available. In addition to a wide range of fresh organic products, special and exotic fruits, there are also the more than 130 types of fresh fish and seafood with daily delivery and sushi service.

The Butcher has more than 400 products, including several types of special, matured and exotic cuts. Added to this is the wide assortment of national and imported cheeses, as well as coldcuts and special varieties of salami. In addition to gourmet sweets, such as macarons, the Bakery offers a variety of homemade cakes, which is part of an assortment of more than 260 items – about 90% made by the hypermarket itself. Rotisserie products, meanwhile, add more than 530 items also produced in the store, which are part of a broad menu available daily. At the Cellar, you can choose from a wide range of wines, whiskeys, spirits and beers, with over 1,300 labels.

Specialized service by the employees of the Bakery, Rotisserie and Butchery, Fish, Sausage and Market sectors is one of the flagship’s highlights. For each type of service, the teams underwent full training focused on production, handling and service in perishables. In total, including training in all sectors of the store, Carrefour has invested in more than 24,000 hours of training for employees of this unit. This store alone employs about 900 people, with 560 direct employees.

On the upper floor of the hypermarket are the Home and Electronics sectors. Therefore, customers find products and services for their homes on a single floor. In total, there are more than 800 types of home appliances and electronics of the main brands, highlighting white goods, telecoms, computers and portable appliances, as well as the extended e-commerce offer on Carrefour.com, with thousands of products from leading brands. In the Home sector there are more than 3,600 products to furnish and decorate, with complete lines of household utilities and more than 400 bed, table and bath items, as well as pet and garden items. The store has an external flower shop. Customers also have home delivery service for purchases made inside the new store.

The store has 100% of its lighting from LED lamps, which are more efficient; a cooling system with natural gas and refrigerated counters with doors, which are more efficient and with reduce environmental impact; an intelligent energy management system; and a recycling station prepared to receive and correctly allocate various types of waste. In addition, the unit, as well as other stores in the network, will also be a partner of the São Paulo Municipal Food Bank with regular donations of products.

Hypermarket customers also benefit from the advantages offered by the Carrefour La Carte Pass. Among the other services offered by the store is a Carrefour Drugstore, with a wide range of traditional and generic medicines, full pharmaceutical and specialized care with a  dermocosmetics assortment.

Jardim Pamplona Shopping
Address: Rua Pamplona, 1.704, Jardins – São Paulo (SP)
Opening hours: from Monday to Saturday, from 10am to 10pm; Sundays and holidays from 2 pm to 8 pm

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

. By phone:

Switchboard: +33 (0)1 41 04 26 00

For journalists: +33 (0)1 41 04 26 17

. By e-mail: presse_groupe@

Source: Carrefour Group

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Parfums Christian Dior participates for the first time in the Arles photography festival

Parfums Christian Dior participates for the first time in the Arles photography festival

 

Paris, 2017-Aug-04 — /EPR Retail News/ — As part of the Rencontres Internationales de la Photographie photography festival in Arles from July 3 to September 24, Parfums Christian Dior is a sponsor of the LUMA Foundation archive program, which this year spotlights Annie Leibovitz. For its first time participating in this major international photography event, the Maison is also featuring an exclusive exhibition at the Galerie du Cloître called Dior, The Art of Color.

Parfums Christian Dior is participating for the first time in the Arles photography festival as a sponsor of a retrospective honoring Annie Leibovitz, produced by the LUMA Foundation archive program. The exhibition Annie Leibovitz Archive Project #1: The Early Years 1970-1983 features 8,000 black and white photos from her New York series.

Also during the festival, Parfums Christian Dior is presenting the exhibition Dior, The Art of Color in a pop-up space at the Galerie du Cloître. This chromatic journey dedicated to Dior’s passion for color echoes the book of the same title, showcasing the fantastic colors employed to create looks by Serge Lutens, Tyen and Peter Philips, the current Creative and Image Director of Dior Make-up.

Practical Information :
Annie Leibovitz Archive Project #1: The Early Years 1970-1983

Parc des Ateliers, May 27 – September 24, 2017
33, chemin des Minimes – Arles
Produced by the LUMA Foundation

Dior, The Art of Color
Galerie du Cloître,
July 3 – September 24, 2017

Free admission.

Contact:

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

Source: LVMH

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Marks & Spencer trials fresh sushi counters in partnership with sushi experts Wasabi

LONDON, 2017-Aug-04 — /EPR Retail News/ — Today (Wednesday 2nd August) Marks & Spencer has announced a trial of fresh sushi counters in partnership with sushi experts Wasabi – bringing customers expertly prepared fresh products and improving the in-store experience with a touch of theatre.

The counters, located in the Foodhall, will sell an extensive range of Wasabi’s products, with focus on the expertly prepared fresh raw sushi and hot meals. All the products meet M&S’s ethical sourcing standards. As a concession service, customers will order at the Wasabi counters and pay at the M&S checkout, allowing them to easily purchase from both brands.

The partnership will begin with a five store trial, four of which are in London, with all of the counters due to open before Christmas. It comes as M&S develops it’s offering in London, with its new Bishopsgate store opening last week – one of seven that will open over the coming year in the Capital.

As a co-branded partnership it is the first of its kind for both M&S and Wasabi. The companies share a passion for offering customers the very best fresh, healthy and convenient food, alongside delivering effective operations and the very best service for customers. The companies will be listening carefully to customer feedback to develop the roll out of this exciting partnership.

Mr Dong Hyun Kim, Founder of Wasabi said, “This partnership is extremely exciting for Wasabi. Our customers know that they can expect high quality, affordable sushi and hot food from us. We’re delighted to have the opportunity to bring our expertise and innovation to Marks & Spencer customers as well.  M&S has been a sign of quality for 133 years and I am confident that this partnership will lead to more success for both businesses.”

Andy Adcock, Food Director at M&S said, “At M&S we put the customer at the heart of everything we do and we’re excited that this partnership will see us bring new products and a new experience to our customers. Health, convenience and food on the move are all growing areas of our business and by working with an expert partner we know we can offer our customers the very best.”

Media enquiries:

M&S Corporate Press Office
0208 718 1919

Source: M&S

RILA congratulates Marvin Kaplan on his appointment to the National Labor Relations Board

Arlington , VA, 2017-Aug-04 — /EPR Retail News/ — Today (8/2/2017), the Retail Industry Leaders Association (RILA) congratulated Marvin Kaplan on his appointment to the National Labor Relations Board (NLRB). RILA’s Vice President of Government Affairs Evan Armstrong issued the following statement:

“RILA congratulates Marvin Kaplan on the approval of his nomination to the NLRB. Marvin has a deep knowledge of the law and an ability to balance the interests of employees and employers. Retail supports more than 42 million American jobs and as RILA members are our some of our nation’s largest employers, a full and complete NLRB has been one of our top priorities. We thank Senate leadership for a seamless nomination process.”

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

Contact:

Christin Fernandez
Vice President, Communications
Phone: 703-600-5039
Email: christin.fernandez@rila.org

Source: RILA

Fairway “Like No Other Market”® recalls Fairway brand Cookies Blondie that may contain undeclared ingredient

Fairway “Like No Other Market”® recalls Fairway brand Cookies Blondie that may contain undeclared ingredient

 

New York, NY, 2017-Aug-04 — /EPR Retail News/ — Fairway ‘‘Like No Other Market’’ ® of New York, NY Is voluntarily recalling Fairway brand Cookies Blondie, because the product may contain undeclared ingredient, walnuts. People who have an allergy or severe sensitivity to nuts run the risk of serious or life-threatening allergic reaction if they consume this product.

The Fairway brand Cookies Blondie were distributed to Fairway stores in New York, New Jersey and Connecticut and also through home delivery programs provided by Fairway E-commerce,
Google and Instacart.

The product is packaged in octagon-shaped plastic containers that are black on the bottom and clear on the top with a standard weight of 10 oz.  The product bears either Item Code 268492 XXXXXX or 263413 XXXXXX.  All ‘‘SELL BY’’ Date codes are being recalled. No other Fairway products are involved.

The recall is the result of a discovery by Fairway personnel. The company has ceased distribution of the Fairway brand Cookie Blondie and removed the product from Fairway store shelves.

Consumers who purchased the affected Fairway brand Cookies Blondie should return the product to the place of purchase for a full refund. Consumers with questions may contact the company at (646)616-8265, Monday  Friday, 9 am  5 pm EST.

Consumers Contact:

(646)616-8265

Source: FDA

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Whole Foods Market 365 to open new store at Santa Monica on August 9

LOS ANGELES, 2017-Aug-04 — /EPR Retail News/ — Whole Foods Market 365 Santa Monica opens Wednesday, August 9 at 9 a.m., in Santa Monica at 2121 Cloverfield Blvd. at Pico. Regular store hours are 7 a.m. – 10 p.m., seven days a week.

The first 365 shoppers will receive coffee, pastries and reusable shopping bags and the first 100 will receive gift cards in varying amounts, including one $365 gift card. DJ Phatrick will be  spinning on the patio and there will be fun giveaways throughout the day.

The 30,000-square-foot store takes “neighborhood grocery store” to the next level with its mix of grab-and-go prepared foods, grocery items, unique venues and retail innovations that streamline the shopping experience. Venues include local Groundwork coffee bar and Asian Box, which will offer 100 percent gluten-free, Asian-inspired street food.

Shoppers can save even more by registering for the 365 Rewards program, a free digital loyalty program that gives customers special offers, free products and other surprises. 365 rewards members also receive 10 percent off more than 100 items everyday. New rewards members will also receive $5 off a $25 purchase.

For details and announcements on all upcoming events, visit the Whole Foods Market 365 website and follow us on FacebookInstagram and Twitter.

Contact:

SOmedia@wholefoods.com

Source: Whole Foods Market

Xcel Brands to report its Q2 2017 financial results on Wednesday, August 9, 2017

NEW YORK, 2017-Aug-04 — /EPR Retail News/ — Xcel Brands, Inc. (NASDAQ:XELB) (“Xcel” or the “Company”), a brand management and media company, today (Aug. 02, 2017) announced that it will report its second quarter 2017 financial results after market close on Wednesday, August 9, 2017. The Company will hold a conference call with the investment community at 5:00 p.m. Eastern Time that day.

A webcast of the conference call will be available live on the Investor Relations section of Xcel’s website at www.xcelbrands.com. Interested parties unable to access the conference call via the webcast may dial 888-857-6931. A replay of the conference call will be available on the Company website for approximately two weeks following the event and can be accessed at 844-512-2921 using replay pin number 8379955.

About Xcel Brands
Xcel Brands, Inc. (NASDAQ:XELB) is a media and brand management company engaged in the design, production, licensing, marketing, and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of dynamic consumer lifestyle brands. Xcel was founded by Robert W. D’Loren in 2011 with a vision to reimagine shopping, entertainment, and social as one. Xcel owns and manages the Isaac Mizrahi, Judith Ripka, H Halston, C. Wonder, and Highline Collective brands, pioneering a ubiquitous sales strategy which includes the promotion and sale of products under its brands through direct-response television, internet, brick and mortar retail, and e-commerce channels. Headquartered in New York City, Xcel Brands is led by an executive team with significant production, merchandising, design, marketing, retailing, and licensing experience, and a proven track record of success in elevating branded consumer products companies.  With a team of over 100 professionals focused on design, production, and digital marketing, Xcel maintains control of product quality and promotion across all of its product categories and distribution channels.  Xcel differentiates by design.  www.xcelbrands.com

For further information please contact:

Andrew Berger
SM Berger & Company
216-464-6400
andrew@smberger.com

Source: Xcel Brands, Inc./globenewswire

Old Hickory Mall introduces Pop Up Shop; available for rent on a weekly basis

JACKSON, Tennessee, 2017-Aug-04 — /EPR Retail News/ — Old Hickory Mall is giving local merchants the opportunity to expand their business without having to sign a long-term lease agreement.

The new Pop Up Shop, located in the center of the mall next to Victoria’s Secret and American Eagle, allows local entrepreneurs and artists to showcase their merchandise to a new audience.  The space is available for rent on a weekly basis, Monday through Sunday, for $500.  The cost includes fixtures, décor, tables, hangers, mannequins, mirrors, a fitting room and vinyl window signage.

“The Pop Up Shop is a great opportunity for local entrepreneurs to showcase their merchandise and experience operating a shop in the mall without the long-term commitment of a permanent lease,” said Marketing Director of CoolSprings Galleria, Kristina Francese.  “With guaranteed traffic, and more people wanting to “shop local”, this is a great way for Old Hickory Mall to embrace our community and all the talented entrepreneurs we have in the Jackson area.”

CBL Properties, owner of Old Hickory Mall, has rolled this concept out at several other properties in its portfolio; the first being Fayette Mall in Lexington, KY, that is almost completely leased through the end of the year.

Interested tenants can call or email Tracy Sudzum, General Manager, at 731.668.7621, or Tracy.Sudzum@cblproperties.com.

About Old Hickory Mall
Old Hickory Mall is owned and managed by CBL & Associates Properties, Inc., of Chattanooga, TN. Old Hickory Mall features more than 70 great specialty shops and eateries including Aeropostale, American Eagle, Bath & Body Works, Buckle, Charlotte Russe, The Children’s Place, Crazy 8, Francesca’s, Finish Line and Victoria’s Secret and is anchored by Belk, JC Penney, Macy’s and Sears. Old Hickory Mall is conveniently located off Interstate 40 at Exit 82-A. For additional information, find us on Facebook at www.facebook.com/OldHickoryMall or visit the mall website at www.ShopOldHickoryMall.com.

Marketing contact:
Kristina Francese
Marketing Director
615.771.4240
Kristina.Francese@cblproperties.com

General Manager contact:
Tracy Sudzum
731.668.7621
Tracy.Sudzum@cblproperties.com

Source: CBL

Fipronil: REWE Group nimmt Konsumeier aus Niederlanden vorsorglich aus dem Verkauf

Fipronil: REWE Group nimmt Konsumeier aus Niederlanden vorsorglich aus dem Verkauf

 

Koln, Deutschland, 2017-Aug-04 — /EPR Retail News/ — Seit Sonntag gibt es Erkenntnisse darüber, dass mit Fipronil belastete Eier aus dem Ausland nach Deutschland gelangt sind. Die REWE Group erklärt zu den immer neuen Erkenntnissen:

„Die REWE Group nimmt noch heute bei allen REWE- und PENNY-Märkten Eier aus den Niederlanden – also diejenigen, die mit NL geprintet sind – umgehend aus dem Verkauf. Ganz gleich ob Markenprodukt oder Eigenmarke. Zudem stellen wir unsere Eigenmarken-Konsumeier bis auf weiteres auf Eier aus Deutschland um. Mit diesem Schritt wollen wir für unsere Kunden Klarheit und Transparenz schaffen. Sollten Kunden bereits Eier mit der Kennzeichnung NL bei uns gekauft haben, so können sie diese zurückgeben und bekommen den Verkaufspreis erstattet“, erklärte Dr. Klaus Mayer, Leiter des REWE Group-Qualitätsmanagements, heute in Köln. Die REWE Group werde Eier aus den Niederlanden erst wieder verkaufen, wenn diese nachweislich frei von Fipronil sind.

Die genossenschaftliche REWE Group ist einer der führenden Handels- und Touristikkonzerne in Deutschland und Europa. Im Jahr 2016 erzielte das Unternehmen einen Gesamtaußenumsatz von über 54 Milliarden Euro. Die 1927 gegründete REWE Group ist mit ihren 330.000 Beschäftigten und 15.000 Märkten in 19 europäischen Ländern präsent. In Deutschland erwirtschafteten im Jahr 2016 rund 240.000 Mitarbeiter in rund 10.000 Märkten einen Umsatz von 39 Milliarden Euro.

Zu den Vertriebslinien zählen Super- und Verbrauchermärkte der Marken REWE, REWE CENTER, REWE CITY und BILLA, der Discounter PENNY sowie die Baumärkte von toom und B1 Discount Baumarkt. Hinzu kommen die Bio-Supermärkte (TEMMA), innovative Convenience-Märkte (REWE To Go), das Gastrokonzept „Oh Angie!“ und E-Commerce-Aktivitäten REWE Lieferservice sowie Zooroyal, Weinfreunde und Kölner Weinkeller. Zur Touristik gehören unter dem Dach der DER Touristik Group die Veranstalter ITS, Jahn Reisen und Travelix sowie Dertour, Meier’s Weltreisen, ADAC Reisen, Kuoni, Helvetic Tours, Apollo und Exim Tours sowie die Geschäftsreisesparte FCM Travel Solutions und über 2.400 Reisebüros (u.a. DER Reisebüro, DERPART, Kuoni), die Hotelmarken lti, Club Calimera, Cooee, PrimaSol und Playitas Resort und der Direktveranstalter clevertours.com.

Für Rückfragen:
REWE Group-Unternehmenskommunikation
Tel: +49 221 149 1050
Mail: presse@rewe-group.com

Source: REWE Group

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Chick-fil-A announces its first Downtown Los Angeles location; Ashley Derby selected as local franchise owner

Chick-fil-A announces its first Downtown Los Angeles location; Ashley Derby selected as local franchise owner

 

LOS ANGELES, 2017-Aug-04 — /EPR Retail News/ — Chick-fil-A, Inc. confirmed today (AUG 1, 2017) that its first Downtown Los Angeles location is on the way. The 6,500 square-foot restaurant will be located at 660 South Figueroa Street and will occupy a two-story space on basement and street levels. Designed and built to fit into the vibrant environment of Downtown Los Angeles, the restaurant will feature dining room seating for 80 and a community table for large gatherings. Formally named Chick-fil-A at 7th & Figueroa, the restaurant will be open 6:30 a.m. to 10 p.m., Monday through Saturday.

Los Angeles resident Ashley Derby was selected as the local franchise owner of the new Chick-fil-A restaurant and will employ approximately 80 full- and part-time team members. Derby currently is franchise owner of the Chick-fil-A restaurant at the University of Southern California and will be leaving her post there to oversee day-to-day activities of the new downtown location.

Locally Owned and Operated
No stranger to Chick-fil-A, Derby got her first job with the restaurant company when she was just 15 years old. She began working as a Team Member at a restaurant in her hometown of Atlanta, Ga., as a way to earn money to buy her first car and continued throughout her years attending Spelman College. More than a decade later, at age 26, Derby relocated to Los Angeles to become the franchise owner of the USC restaurant – making her one of the youngest franchise owners in Chick-fil-A history. While running the USC restaurant, Derby was awarded Chick-fil-A’s Champion’s Club award, an honor reserved for Operators whose businesses experience particularly high growth and success. Having called L.A. home for the last six years, Derby is excited to introduce Chick-fil-A to downtown L.A. with the opening of her new restaurant.

“The energy in downtown L.A. is palpable,” said Derby. “I cannot wait to become a part of this growing neighborhood, and I look forward to welcoming our guests with hand-crafted food and hospitality.”
At her USC restaurant, Derby’s passion has always been supporting her team and helping them grow as professionals. She looks forward to providing the same positive, nurturing workplace environment at Chick-fil-A 7th & Figueroa.

Team Member Investment
Chick-fil-A is known for hiring, developing and retaining young talent, offering a supportive workplace with opportunities for leadership development, promotions that lead to management roles, respect for work-life balance and competitive wages. Chick-fil-A 7th & Figueroa will employ approximately 80 full- and part-time team members. To help its team members pay for college, the restaurant will offer the opportunity for college scholarships through Chick-fil-A’s enhanced national scholarship initiative, Remarkable Futures. Remarkable Futures more than doubles the company’s prior investment in team members’ college educations – providing $4.9 million in scholarships in 2017 alone. Students have the opportunity to receive up to $25,000 in scholarships to be applied at any accredited institution of their choice, including online and on-campus formats, and can be combined with tuition discounts and other benefits at more than 70 partner colleges and universities nationwide. As with all Chick-fil-A restaurants, team members are also guaranteed Sundays off.

Premium Ingredients and Fresh, Handmade Food
Nearly everything on the Chick-fil-A menu is made from scratch daily, including salads made from fresh vegetables and fruit that is hand-chopped throughout the day. The lemonade is fresh-squeezed and is made from three simple ingredients: lemon, sugar and water. Like all Chick-fil-A restaurants, the chicken served at Chick-fil-A 7th & Figueroa will be 100 percent whole breast meat, without any fillers, hormones or additives. Each chicken breast is hand-breaded to order and pressure cooked in 100 percent refined peanut oil, which is naturally trans-fat- and cholesterol-free. By the end of 2019, every Chick-fil-A restaurant will serve chicken raised without antibiotics.

Responsible sourcing goes beyond Chick-fil-A ingredients and includes sustainable efforts throughout the restaurant. Today the equivalent of more than 4.5 million recycled plastic bottles are clothing more than 100,000 restaurant team members across the country.

Commitment to Customer Service
With a longstanding tradition in the restaurant industry for setting the highest standards in customer service, Chick-fil-A recently earned a top spot in the 2016 Customer Service Hall of Fame for the third year in a row and is the only quick service restaurant to make the top five of the Customer Service Hall of Fame. The company has also earned recognition as one of America’s “Most Inspiring Companies” by Forbes Magazine, one of America’s “Top 20 Most Admired Brands” by The Harris Poll and “Top Fast Food Chicken Chain” by Consumer Reports, among other honors.

For more information about Chick-fil-A and stories about the company’s food, people and customers across the country, visit chick-fil-a.com.

About Chick-fil-A, Inc. 
Atlanta-based Chick-fil-A, Inc. is a family owned and privately held restaurant company founded in 1967 by S. Truett Cathy. Devoted to serving the local communities in which its franchised restaurants operate, and known for its original chicken sandwich, Chick-fil-A serves freshly prepared food in more than 2,100 restaurants in 46 states and Washington, D.C.

Chick-fil-A system sales reached nearly $8 billion in 2016, which marks 49 consecutive years of sales growth. In 2017, Chick-fil-A received the top score among fast food brands and one of the top 10 scores overall for customer experience in the Temkin Experience Ratings survey. In 2016, Chick-fil-A was named the Technomic Consumer’s Choice for “providing value through service,” named the “the most polite restaurant in the country” in QSR Magazine’s annual drive-thru report and was the only restaurant brand named to the Top 10 “Best Companies to Work For” by 24/7 Wall Street. More information on Chick-fil-A is available at www.chick-fil-a.com.

Contact:

(800) 404-7196
Email: cfapressroom@chick-fil-a.com
Twitter: @ChickfilANews

Source:  Chick-fil-A

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