Tops Monopoly Collect and Win: The VIP Chef Experience with Julie Taboulie prize awarded to Rochester resident

WILLIAMSVILLE, N.Y., 2017-Aug-08 — /EPR Retail News/ — Tops Friendly Markets, a leading full-service grocery retailer in New York, northern Pennsylvania, western Vermont, and north central Massachusetts is pleased to announce that it will awarded one of its largest prizes in the Monopoly Collect and Win to a Rochester resident. The VIP Chef Experience with Julie Taboulie prize was won by Jennifer C. after she participated in the TOPS Monopoly online game. “I was stunned and shocked as to what to say when I heard I won,” said Jennifer. “I am so excited, I’ve never won anything like this before!” Jennifer and some of her close family and friends will enjoy a Finger Lakes weekend getaway along with a VIP Chef Experience with Julie later this year. Julie, a central New York chef with inspiring Mediterranean and Lebanese food, is the star and host of her own national public television show “Julie Taboulie’s Lebanese Kitchen” and best-selling author of Julie Taboulie’s Lebanese Kitchen: Authentic Recipes for Fresh and Flavorful Mediterranean Home Cooking. “I was so proud to be asked to partner with TOPS and their biggest promotion of the year in the Monopoly sweepstakes,” said Julie Taboulie. “This year’s food theme couldn’t have been more fitting for me to bring my “fresh is best” food philosophy, flavorful recipes, and fun approach to the table to help make this year’s game the biggest success yet! I’m so excited now that the day is finally here and I get to award Jennifer her prize and share this exciting experience with her and her friends and family.”The prize was revealed to Jennifer in a personal video message from Julie Taboulie herself on August 7, 2017. To see the video visit Tops Markets Facebook page, @TopsFriendlyMarkets or the Tops Website at www.TopsMarkets.com.

Customers who played the online game also vied for a chance to win a wide variety of prizes ranging from $1 and $2 in Tops BonusBucks up to $10,000 cash. TOPS also offered a second chance sweepstakes opportunity inside thousands of game tickets. Lucky recipients could then mail in their entry for a chance to win a 2017 FIAT® 500C sponsored by Sparkling Ice. Every entry was another chance to win this amazing prize! The winner of the 2017 FIAT® 500C will be unveiled the week of August 13, 2017.

This year’s biggest combined grand prize was for a chance for participants to win Free Food for a Year, with one lucky winner guaranteed to win FREE FOOD FOR LIFE, sponsored by Pepsi. Participants had to collect the six game markers to win the free food for a year. One lucky winner will then be drawn to win the grand prize of FREE FOOD FOR LIFE the week of August 20, 2017.

TOPS Monopoly® Collect and Win allowed customers to play every time they checked-out at a Tops Friendly Markets location beginning March 26-June 17, 2017. Customers played the Monopoly® Collect and Win game by obtaining a free game board at any Tops Markets location; upon checkout, game tickets were provided. One game ticket was given for every purchase with a BonusPlus card, with additional tickets provided based on the purchase of more than 3,000 specially marked items in the store.

Inside each game ticket, customers received four game “markers” as pieces of one of the 19 opportunities within the game board. Customers collected the appropriate markers on the game board in order to complete the picture and win that prize. Additionally, within each ticket were also instant wins of cash, Tops gift cards, grocery products, and money-saving coupon offers. New this year from Shutterfly®, were chances to win personalized photo books and personalized, reusable shopping bags.

Other big prizes, with multiple winner in most, awarded this year in addition to the Free Food grand prizes were: • $50,000 home makeover • $25,000 culinary dream vacation • $10,000 kitchen remodel • $10,000 cash • $5,000 home recreation package • $2,000 free Tops gas for one year • $1,200 free pet food for one year • $1,000 Darien Lake, NY family vacation • $1,000 Tops gas/grocery gift card

Additional prizes and the associated winners can be found on our website at www.topsmarkets.com/monopoly

Tops Markets, LLC, is headquartered in Williamsville, NY and operates 173 full-service supermarkets with five additional by franchisees under the Tops banner. Tops employs more than 15,000 associates and is a leading full-service grocery retailer in New York, northern Pennsylvania, western Vermont, and north central Massachusetts. For more information about Tops Markets, visit the company’s website at www.topsmarkets.com.

CONTACT: 

Kathy Romanowski
716-635-5577

Source: Tops Friendly Markets

McDonald’s completes partnership with CITIC and Carlyle to operate and manage McDonald’s businesses in mainland China and Hong Kong

OAK BROOK, IL and SHANGHAI, CHINA and HONG KONG, CHINA, 2017-Aug-08 — /EPR Retail News/ — McDonald’s Corporation (NYSE: MCD) (“McDonald’s”) today (Aug 8, 2017) announced the successful completion of a strategic partnership with CITIC Limited (SEHK: 00267) (“CITIC”), CITIC Capital Partners (“CITIC Capital”), and The Carlyle Group (NASDAQ: CG) (“Carlyle”). Ramping up a new era of growth and innovation, the partnership will operate and manage McDonald’s businesses in mainland China and Hong Kong, leveraging combined expertise and strength to drive an expansion strategy.

The transaction has obtained China’s regulatory approval and was completed on July 31, 2017, creating the largest McDonald’s franchisee outside of the United States. The sale to the new McDonald’s China franchisee includes McDonald’s existing businesses in Mainland China (approximately 2,500 restaurants) and Hong Kong (approximately 240 restaurants).

The new partnership today announced a series of development initiatives for mainland China. Termed “Vision 2022,” this strategy aims to drive double-digit sales growth in each of the next five years by increasing the number of restaurants from 2,500 to 4,500, including delivery hub coverage of over 75% of restaurants, by the end of 2022, bringing unparalleled convenience to Chinese customers. Opening pace of new McDonald’s restaurants in mainland China is expected to progressively ramp up from approximately 250 per year in 2017 to 500 per year in 2022 under the new partnership. In addition, Vision 2022 includes plans to increase significantly McDonald’s restaurant portfolio mix in tier 3-4 cities to approximately 45% of all McDonald’s restaurants in China. Vision 2022 also includes an increase of “Experience of the Future” restaurants to over 90%, which will enable the brand to offer digitalized and personalized dining experience to more customers.

With innovation hubs located in Hong Kong and Shanghai, McDonald’s will strengthen its brand leadership by enhancing the customer experience using menu innovation and advanced digital retail experience.

“China will soon become our largest market outside of the United States. We are excited to join forces with CITIC and Carlyle for better localized decision-making to meet changing customer demands in this dynamic market,” said Steve Easterbrook, McDonald’s President and CEO. “Mainland China and Hong Kong are leading the global system in capturing new consumer trends such as delivery and digitalization and its driving strong performance and growth momentum. I have great confidence in our new partnership to unlock the full growth potential of China. McDonald’s Corporation will continue to play an active part in the China growth journey through our remaining interest and participation on the China Board.”

Zhang Yichen, Chairman of the Board of Directors for the new McDonald’s China, commented: “The partnership will strengthen McDonald’s China’s entrepreneurial spirit, driven by ownership at the local level. It will also help us ensure first-class customer service and food safety while accelerating our growth in mainland China and Hong Kong. We believe this is a winning formula that fuses McDonald’s global quality standards and branding with CITIC and Carlyle’s extensive resources and market expertise in real estate, finance, supply chains, consumer & retail, and technology.”

About McDonald’s
McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in over 100 countries. Approximately 90% of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.

Source: McDonald’s

NACS: Economic optimism among American consumers held steady this month despite rise in gas prices

​ALEXANDRIA, Va., 2017-Aug-08 — /EPR Retail News/ — Economic optimism among American gasoline consumers held steady this month, despite a seven-cent climb in the price of gasoline, according to the latest NACS Consumer Fuels survey.

NACS, which represents the convenience store industry that sells an estimated 80% of the fuel sold in the country, has conducted monthly surveys related to economic issues since January 2013.

Gas consumers report a median gasoline price of $2.29 per gallon, up from $2.22 last month. This price increase has been felt most strongly in the South, with about two in five (42%) saying they noticed gas prices “much higher” or “somewhat higher” than last month. In the West, just a third (32%) of gasoline consumers noticed higher prices.

Despite the uptick in gasoline prices, Americans drivers remain optimistic about the current state of the economy. Three in five (60%) drivers say they are optimistic about the economy, the same proportion that said so last month in July 2017 and 16 points higher than last August when optimism stood at 44%. There are strong demographic variations in optimism; 64% of those age 50 or higher say they are optimistic, compared to 54% of those ages 18-34.

American gasoline consumers also expect gasoline prices to continue to rise. 42% of gasoline consumers say that they expect gasoline prices in 30 days to be higher than they are today. Another 49% say they think gasoline prices will remain about the same as today, and just one in ten (8%) say they believe gas prices will drop in the next 30 days.

Nearly one in four consumers (24%) say that they will drive more this month, the highest percentage recorded over the past five Augusts, and nearly one in five (17%) say they will spend more.

“The convenience store industry is glad to see that consumer optimism remains strong despite the slight rise in gas prices this past month,” said Jeff Lenard, NACS vice president of strategic industry initiatives. “Resilient economic optimism is good news as consumers enter the latter half of the summer driving season.”

The survey was conducted online by PSB (Penn Schoen Berland); 1,108 U.S. adults who purchase fuel for a vehicle such as a car, truck or van at least once per month were surveyed August 1-4, 2017. Summary results are available at nacsonline.com/fuelssurvey.

NACS advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve. The U.S. convenience store industry, with more than 154,000 stores nationwide selling fuel, food and merchandise, serves 160 million customers daily—half of the U.S. population—and has sales that are 10.8% of total U.S. retail and foodservice sales. NACS has 2,100 retailer and 1,750 supplier members from more than 50 countries.

Source: NACS

Nordstrom launches Fall 2017 campaign

Retailer showcases fashion through the lens of photographer Max Farago and director Clara Cullen

SEATTLE, 2017-Aug-08 — /EPR Retail News/ — Today ( Aug. 7, 2017), Nordstrom, Inc. launched a new national brand campaign shot by photographer Max Farago with video by director Clara Cullen, which celebrates the best of fall fashion. The campaign will debut on August 7 in the U.S. and on September 4 in Canada with print, digital, social, out of home and video components.

The campaign vision and concept was developed by Olivia Kim, Vice President of Creative Projects at Nordstrom, who has set the creative tone for the retailer’s last five brand campaigns. Kim along with her creative team tapped Farago and Cullen, the husband and wife creative duo favored by the fashion world, to bring their vision to life.

The campaign features intimate and honest portraits of models and non-models alike, minimally edited and styled how people really dress to depict a modern and relevant perspective on a high-fashion campaign.  The full campaign imagery and videos can be seen at Nordstrom.com/Fall2017.

“People are the foundation of Nordstrom,” said Kim. “Our customers and employees are at the center of everything we do. They are our friends and our friends-of-friends, and this season we wanted to convey a sense of community and celebrate real people who are doing great and extraordinary things, who inspire us in our everyday lives.

“We see the brand campaigns as our opportunity to tell our most fashion-forward story, yet this season we put the focus back on the people. We cast people we find inspiring, who have something to say and use their voice for positive impact and influence whether through art, education, journalism or mixed media. Most of all, we wanted to celebrate them and their immense talents.”

Farago is a Los Angeles-based photographer whose work has been exhibited at New York’s Canada Gallery, London’s Jonathan Viner Gallery and The Future of the Photography Museum at Foam in Amsterdam. His commissioned features and portraits have appeared in Vogue Paris, Purple Magazine, The New Yorker, and the New York Times, to name a few.

Cullen is a director who works in a range of mediums, proposing new ways of showing moving image using the newest technologies and the internet as her primary platform. Her work has appeared in the New York Times, NOWNESS, Purple and Love Magazine, with commissioned work for various fashion brands.

In her role, Kim focuses on creating energy, excitement, a sense of discovery and a bit of disruption through engaging and unique shopping experiences at Nordstrom, both in-stores and online. Kim joined Nordstrom in February 2013, and her Creative Projects initiatives have established Nordstrom as a retail platform to test new partnerships, concept shops and to bring limited distribution collections to customers, as well as introduce customers to the best up-and-coming brands and new talent.

With her creative mind and unique perspective as a merchant, Kim took on the role of setting the vision for the company’s brand campaigns in Spring 2016, the retailer’s first in 15 years. Following her inaugural “See Anew” campaign, “We Are Here” from Fall 2016, and “Love, Nordstrom” from the holiday season, and the Spring 2017 campaign shot by Petra Collins. The Fall 2017 campaign marks Kim’s fifth developed for Nordstrom.

The cast includes:

  • Actress and television journalist Hailey Gates, host of VICELAND’s series States of Undress, in which she explores geopolitics through the lens of fashion. Her work takes her to conflict zones around the world for international fashion weeks.
  • Camryn Taylor, Lourdes Taylor, Nia Parker and Nia Lyons, classically trained ballerinas of The Hiplet™ and the most senior dancers at the Chicago Multi-Cultural Dance Center. The Hiplet™ have appeared in a CFDA/Vogue Fashion Fund Show, TEDxSanFrancisco, the New York Times and CNN. Their YouTube videos have gathered over hundreds of thousands of views.
    Homer Hans Bryant, the artistic director and founder of the Chicago Multi-Cultural Dance Center who conceived dance group phenom The Hiplet™ which showcases dancers en pointe interplaying hip-hop movements with classical styles.
  • Designer Vejas Kruszewski (in his collection) and Saam Emme, the creative team behind the label Vejas. Their designs redefine conventional streetwear, breaking borders and blending youth culture with studious fashion history. Vejas was awarded the LVMH Special Prize in 2016.
  • Contemporary art curator Angela Goding, who has a formidable reputation in the New York art world for her instincts and distinct fashion sense.
  • Twenty-nine-year-old painter, sculptor and model Jane Moseley, who spent six years in New Yorkresisting the lure of the modeling industry, then became a fashion sensation after walking in Balenciaga’s fall 2016 show. She has a collection of horror-movie-inspired tattoos, and a dog, five cats, a lizard, a hedgehog and two pet rats.
  • Tom di Maria, director of Creative Growth Art Center, which provides studio space, representation, instruction and opportunity for personal expression to adult artists with mental, developmental or physical disabilities. Artists from the center exhibit in museums and esteemed collections worldwide.
    Elizabeth Rangel, a self-taught artist and designer who works in textiles and fashion.
    William Scott, a self-taught artist whose work appears in the Museum of Modern Art in New York and the Oakland Museum of California.
  • Marc and Ian Hundley, artists and twin brothers. Marc creates text-based posters incorporating references to literature, lyrics and film; he also makes furniture. Ian constructs colorful, large-scale quilts based on topographic maps.
  • French-born Londoner Hayett McCarthy, a former dog groomer, record-label intern, bartender and sandwich-board carrier, now a model for top fashion brands including Hermès, ACNE Studios, Burberry, COACH and Vetements, among others.
  • Twenty-three-year-old Seattle native Ebonee Davis, a model and activist advocating for more diversity in the fashion industry. In a TED Talk, she discussed her path to self-acceptance and her case for creating positive, inclusive imagery.

Highlights of brands featured in the campaign include: 

3.1 Phillip Lim Acne JW Anderson Simone Rocha
Studios adidas Lemaire Sophie Buhai
Alexander Wang A.P.C. Levi’s® Tibi
Dr. Martens Molly Goddard Tomorrowland
FRAME Norse Project Topman
Isa Arfen Officine Generale Vans®
J.Crew Ovadia & Sons Vejas
Richard Malone
SATURDAYS NYC

EDITOR’S NOTE: To download images and video, please visit HERE for imagery and HERE for video.

ABOUT NORDSTROM

Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 354 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 221 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

Contact:
Brie Cross
Nordstrom, Inc.
206.303.4315
brie.cross@nordstrom.com

Source: Nordstrom, Inc.

S Group H1 2017 results: retail sales increased by 2.4% and stood at EUR 5.5 billion

S Group H1 2017 results: retail sales increased by 2.4% and stood at EUR 5.5 billion

 

Helsinki, Finland, 2017-Aug-08 — /EPR Retail News/ — During the first half of the year, S Group’s result improved across the board. In particular, the travel industry and hospitality business as well as the consumer goods trade showed positive figures.

S Group’s operating result for January–June 2017 was EUR 128 million, compared to EUR 87 million in January–June 2016. SOK Corporation’s operating result remained at last year’s level and amounted to EUR 11 million. S Group’s retail sales excluding taxes increased by 2.4% and stood at EUR 5.5 billion.

The improved result is attributable to streamlining of S Group’s operations and increased sales in various business sectors. Other contributing factors are a wider product range, extended store hours and lower prices. In Finland, S Group’s grocery sales continued to outperform the general market development in the field.

The price of food has been cut by a total of more than EUR 150 million throughout the S Group. To date, the sales margins have been reduced for approximately 3,000 products.

“The improved result allows us to continue lowering prices in future. We will also improve the selection of products and services. A recent example from the consumer goods trade, is the Boy Meets Girl clothing line launched in the Prisma stores in August,” says Taavi Heikkilä, CEO of SOK.

Good service regardless of contact channel

S Group’s digital services have become increasingly popular. The online food trade increased by close to 50% from the corresponding period last year. The ABC mobile refuelling service is available at all ABC stations across the country, and approximately 200,000 co-op members already use S Group’s electronic receipt archive. New services are also underway.

“We want to provide unparalleled convenience and benefits from services. Our ambition is to provide customers with the same quality of service, regardless of the service channel,” says Heikkilä.

Customers have welcomed the extended store hours, including 45 S Group outlets that are open around the clock.

S Group’s investments remained at last year’s level and amounted to EUR 246 million. The main investment object was the new logistics centre for grocery products being built in Sipoo, which is already partly operational.

Co-op members were paid EUR 162 million in Bonus rewards, which was approximately EUR 10 million less than in 2016. Most of the decrease is attributable to a change in legislation prohibiting Bonus rewards for cigarettes and tobacco products. Co-op members received close to EUR 4 million in payment method discount for paying with S-Etukortti card.

S Group’s and SOK Corporation’s key figures for January–June 2017

S Group as a whole (cooperatives + SOK Corporation), January–June 2017:

  • Retail sales excluding taxes totalled EUR 5,464 million (EUR 5,336 million).
  • Retail sales increased by 2.4 percent.
  • Profit before appropriations and taxes was EUR 119 million (EUR 105 million).
  • Operating profit was EUR 128 million (EUR 87 million).
  • Investments totalled EUR 246 million (EUR 246 million).
  • At the end of June, there were 2,295,749 co-op members (2,246,459).
  • At the end of June, the number of personnel was 41,381 (41,337). This year, S Group is employing a total of around 13,000 summer employees and summer trainees through the Learn and Earn programme.
  • The total number of outlets at the end of June was 1,630 (1,647).

SOK Corporation (SOK + subsidiaries), January–June 2017:

  • Net sales (IFRS) were EUR 3,449 million (EUR 3,466 million).
  • Profit before taxes (IFRS) was EUR -4 million (EUR 11 million). The result was affected by non-recurring costs for closing the stores in Latvia and Lithuania.
  • Operating profit (FAS) was EUR 11 million (EUR 10 million).
  • Investments totalled EUR 25 million (EUR 50 million).
  • At the end of June, the number of personnel was 6,708 (6,604).

SOK Corporation’s full interim report will be available in the S-kanava online service on 17 August 2017.

Source: S Group

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Tesco: new ‘Bag for Life’ to replace single use carrier bags; sales of the bag will fund community projects across Britain

Tesco: new ‘Bag for Life’ to replace single use carrier bags; sales of the bag will fund community projects across Britain

 

CHESHUNT, England, 2017-Aug-08 — /EPR Retail News/ — Tesco has today ( 08 Aug 2017 ) announced that from 28 August single use carrier bags will be replaced by a new ‘Bag for Life’ made from 94% recycled plastic. The new bag will be priced at 10p and sales of the bag will fund community projects across Britain.

The announcement follows a successful 10-week trial in Aberdeen, Dundee and Norwich, where Tesco found that customers bought significantly fewer bags. Sales of bags in trial stores have since reduced by 25% and customers found that the Bag for Life, which is replaceable for free if damaged, helped them move to re-useable bags.

Tesco has given out 1.5 billion fewer single use bags since the introduction of the carrier bag charge in England in 2015, but still sells over 700 million of these each year. Removing single use carrier bags will significantly reduce the number of bags sold and will therefore help reduce litter and bags sent to landfill.

Online customers will still be able to opt for single use carrier bags for their shopping or select a bagless delivery, which 57% of Tesco’s online customers are now doing. Tesco also revealed today that it will be removing single-use wine carriers and lowering the price of its ‘Carry me bottle bag’ from £1 to 40p.

The new Bag for Life will continue to fund Tesco’s Bags of Help scheme, which is delivered with Groundwork, and sees local community projects across Great Britain awarded grants, with Tesco customers voting for their favourite local project by picking up a blue token at the checkout each time they shop. Since launching in 2015, Bags of Help has provided more than £33 million to over 6,400 local community projects. The scheme has until now been funded through the levy placed on single-use bags.

Matt Davies, UK and ROI CEO at Tesco, said:

“The number of bags being bought by our customers has already reduced dramatically. Today’s move will help our customers use even fewer bags but ensure that those sold in our stores continue to fund thousands of community projects across the country chosen by customers. It’s the right thing to do for the environment and for local communities.”

Environment Minister Thérèse Coffey added:

“Since we introduced the 5p charge in 2015, the number of single-use plastic bags taken home has plummeted by 83%.

“I welcome Tesco wanting to go further and help their customers use even fewer plastic bags. The switch to a Bag for Life will continue to help reduce litter and boost recycling – helping to leave the environment in a better state than we found it.”

Since launching in 2015, Bags of Help has provided more than £33 million to over 6,400 local community projects, including:

• Robert Kett Primary School in Wymondham, which was awarded a £10K grant from Bags of Help to transform a double decker bus into a library for pupils to visit during playtimes to sample the books or take part in creative activities including Lego, painting and knitting.
• Grove Park Surgery in Hounslow, who received £5,000 to develop a therapeutic garden for patients with chronic illness or who are socially isolated to grow fruit and vegetables.
• Bedworth United Football Club in Bedworth, who were awarded nearly £3,000 to install a training pitch to allow more coaching facilities for young people.

Commenting on Bags of Help Graham Duxbury, Groundwork’s Chief Executive, said:

“Since it launched in 2015 Bags of Help has had an incredible impact on the environment – through the reduction of carrier bags used in Tesco stores and by providing funding for community groups to develop local projects that benefit the people and the places where they live.

“This step will see those environmental benefits increase, and we’re delighted that communities will continue to be able to access Bags of Help funding.”

Community groups and charities can apply for Bags of Help funding and Tesco customers can nominate projects they’d like to see receive some cash. Visit www.tesco.com/bagsofhelp to find out more.

Notes to editors

• Tesco’s Bags of Help sees grants of up to £4,000 being awarded to local community projects.
• So far Bags of Help has awarded over £33 million to more than 6,400 local community projects.
• Tesco is working with Groundwork, community charity, to deliver Bags of Help.
• For more information please visit: www.tesco.com/bagsofhelp/

Source: Tesco

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First Data Q2 2017 results: Consolidated revenue reached $3.0 billion, up 3% versus the prior year period

  • Q2 consolidated revenue of $3.0 billion, up 3%; up 4% excluding currency impacts
  • Q2 record total segment revenue of $1.8 billion, up 3%; up 5% excluding impacts from currency and Australian ATM divestiture
  • Q2 net income of $185 million, up 22%; diluted EPS of $0.20, up 18%
  • Q2 adjusted net income of $378 million, up 17%; adjusted diluted EPS of $0.40, up 14%
  • Q2 record total segment EBITDA of $786 million, up 5%; up 7% excluding impacts from currency and Australian ATM divestiture
  • Q2 cash flow from operations of $580 million; free cash flow of $448 million
  • Refinanced approximately $8.0 billion of debt since end of Q1; increased AR securitization facility at reduced rate; annual cash interest savings from these activities of approximately $50 million
  • Acquired CardConnect; signed agreement to divest Baltics business

NEW YORK, 2017-Aug-08 — /EPR Retail News/ — First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today (07 Aug 2017) reported financial results for the second quarter ended June 30, 2017. Consolidated revenue for the second quarter was $3.0 billion, up 3% versus the prior year period, or up 4% excluding currency impacts. Total segment revenue was $1.8 billion for the quarter, up 3% versus the prior year period, or up 5% excluding the impacts from currency and the divestiture of the Australian ATM business that occurred at the end of the third quarter of 2016.

Net income attributable to First Data for the second quarter of 2017 was $185 million, or $0.20 per diluted share. This represents a 22% increase from the second quarter of 2016 net income of $152 million, or an 18% increase in net income per diluted share from $0.17 in the prior year period.

Adjusted net income, which modifies net income for items such as debt extinguishment charges, stock-based compensation, amortization of acquisition intangibles, restructuring costs and other items, was $378 million, or $0.40 per diluted share. This represents a 17% increase from the second quarter of 2016 adjusted net income of $323 million, or a 14% increase in adjusted net income per diluted share from $0.35 in the prior year period. The increase was primarily driven by improved operating results and lower interest expense.

Total segment earnings before interest, taxes, depreciation, and amortization (total segment EBITDA) in the second quarter 2017 was $786 million, up 5% versus the prior year period, or up 7% excluding impacts from currency and the Australian ATM divestiture. Total reported segment EBITDA margin improved 100 basis points to 42.5% in the quarter.

“The second quarter delivered record quarterly revenue and earnings as we continue to see good new business momentum and improved customer retention across our business segments,” said First Data Chairman and CEO Frank Bisignano. “As we enter the latter half of 2017, we are focused on initiatives to continue the momentum across our global businesses, maintaining an appropriate balance between investing and managing costs, while also driving improved cash flow. We reiterate our full-year 2017 and medium-term financial guidance,” Bisignano added.

Segment Results

Global Business Solutions (GBS)

Second quarter 2017 GBS segment revenue was $1.1 billion, up 3% versus the prior year period, or up 5% excluding the impacts from currency and the Australian ATM divestiture. Within geographic regions, North America revenue of $826 million was up 1% versus the prior year period as growth in non-JV revenue was partly offset by an anticipated decline in JV revenue. EMEA revenue was $140 million, flat versus the prior year, or up 6% excluding currency impacts, primarily driven by growth in the United Kingdom and Germany. Latin America revenue was $64 million, up 56%, or up 60% excluding currency impacts, driven by strong results in Brazil and Argentina.  APAC revenue was $36 million, down 12%, or up 13% excluding impacts from currency and the Australian ATM divestiture, primarily driven by growth in India.

Second quarter 2017 GBS segment expenses were $583 million, down 1% versus the prior year period, or up 1% excluding the impacts from currency and the Australian ATM divestiture.

Second quarter 2017 GBS segment EBITDA was $483 million, up 8% versus the prior year period, or up 9% excluding impacts from currency and the Australian ATM divestiture. Segment EBITDA margin improved 210 basis points to 45.3% in the quarter.

Global Financial Solutions (GFS)

Second quarter 2017 GFS segment revenue was $402 million, up 2% versus the prior year period, or up 4% excluding currency impacts. Within geographic regions, North America revenue of $233 million was down 1%, as growth in processing revenue was more than offset by a decline in card personalization revenue. North America GFS card accounts on file grew 6% year over year. EMEA revenue was $110 million, up 2%, or up 10% excluding currency impacts, primarily driven by internal growth and new business primarily in the United Kingdom. Latin America revenue was $34 million, up 10%, or up 14% excluding currency impacts, driven by growth in Argentina and Colombia.  APAC revenue was $25 million, up 25%, or up 24% excluding currency impacts, primarily driven by growth in Australia.

Second quarter 2017 GFS segment expenses were $235 million, flat versus the prior year period, or up 2% excluding currency impacts.

Second quarter 2017 GFS segment EBITDA was $167 million, up 4% versus the prior year period, or up 7% excluding currency impacts. Segment EBITDA margin improved 100 basis points to 41.5% in the quarter.

Network & Security Solutions (NSS)

Second quarter 2017 NSS segment revenue was $381 million, up 4% versus the prior year period. Stored Value revenue grew low-double digits, Security and Fraud revenue grew low single digits, and EFT revenue was flat.

Second quarter 2017 NSS segment expenses were $201 million, up 1% versus the prior year period.

Second quarter 2017 NSS segment EBITDA was $180 million, up 8% versus the prior year period. Segment EBITDA margin improved 180 basis points to 47.2% in the quarter.

Cash Flow

In the second quarter 2017, cash flow from operations was $580 million, up $58 million compared to $522 million in the prior year period. Free cash flow, which the Company defines as cash flow from operations less capital expenditures, distributions to minority interests and other, was $448 million in the current quarter, up $140 million compared to $308 million in the prior year period, primarily driven by lower cash interest payments and improved operating results.

Capital Structure

Total borrowings at June 30, 2017 were reduced to $18.3 billion, from $18.5 billion at December 31, 2016. Net debt at June 30, 2017 declined $304 million to $17.9 billion, from $18.2 billion at December 31, 2016.

As previously disclosed, in April 2017, the Company closed on a new term loan totaling $4.2 billion with an interest rate of LIBOR plus 250 basis points maturing in April 2024. The proceeds of the term loan were used to redeem a $4.2 billion term loan with an interest rate of LIBOR plus 300 basis points maturing in March 2021.

In June 2017, the Company closed on a new term loan totaling $3.8 billion with an interest rate of LIBOR plus 225 basis points maturing in July 2022. The proceeds of the term loan were used to redeem $3.8 billion of U.S. and euro-denominated term loans with interest rates ranging from LIBOR plus 300 basis points to LIBOR plus 325 basis points.

On June 28, 2017, the Company entered into an amendment to its Receivable Financing Agreement. The amendment increased the borrowing capacity of the facility from $240 million to $600 million, reduced the interest rate from LIBOR plus 200 basis points to LIBOR plus 150 basis points, and extended the termination date from January 2019 to June 2020.

The aggregate annualized cash interest savings derived from the above transactions is approximately $50 million.

CardConnect Acquisition

As previously disclosed, on July 6, 2017, the Company announced the successful completion of First Data’s tender offer to purchase the outstanding shares of CardConnect Corp. common stock. CardConnect’s results will be consolidated in the results of First Data’s GBS business as of July 6, 2017.

Divestiture

On July 25, 2017, First Data entered into an agreement to divest all of its businesses in the Baltics (Lithuania, Latvia and Estonia) for €73 million (approximately $85 million). The deal is expected to close in the third quarter of 2017. The businesses were reported within the GFS segment.

Innovation

First Data continues to invest in innovation to differentiate itself as a leader in commerce-enabling solutions. Below are examples of innovative solutions that the company introduced during the second quarter:

•      Clover Flex – First Data’s latest addition to the Clover family can be used as a handheld device or on the countertop. Clover Flex is fully integrated into the Clover platform and can accept PIN entry, NFC, mag stripe, EMV and electronic gift cards. Flex is perfect for the service-based merchant that wants to take the checkout experience to the customer.

•      Local Payments – First Data’s new online payments solution that powers cross-border global commerce around the world. Local Payments allows merchants to manage up to 195 local payment options online through a single interface.

•      Global PFAC – First Data’s solution for payment facilitators around the globe allows a payment facilitator to achieve global scale through a single integration interface. Global PFAC enables payment facilitators to easily authorize transactions in more than 150 currencies worldwide, and settle in 17 currencies, as well as providing a robust range of other services.

•      Business Activity Monitor – First Data’s new operational monitoring solution for issuing clients, which enables financial institutions to easily access and monitor their customers’ transaction activity and track the operational health of their portfolios in real-time.

•      Fraud Detect – First Data’s latest comprehensive solution to help merchants around the world detect fraudulent activity. Fraud Detect uses artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, and information from the dark web to help merchants detect fraudulent in-store, at the pump, online, mobile and in-app transactions before they occur.

Non-GAAP Measures

To supplement the Company’s consolidated financial statements presented in accordance with generally accepted accounting principles, or GAAP, the company uses non-GAAP measures of certain financial performance. These non-GAAP measures include total segment revenue, total segment expense, total segment EBITDA, total segment EBITDA margin, adjusted net income, adjusted net income per diluted share, free cash flow and net debt. The company has included non-GAAP measures because management believes that they help to facilitate comparisons of the company’s operating results between periods. The company believes the non-GAAP measures provide useful information to both management and users of our financial statements by excluding certain expenses, gains and losses that may not be indicative of its core operating results and business outlook. In disclosing year-over-year comparisons, the company has chosen to present non-GAAP measures because it believes that these measures provide users of our financial statements a consistent basis for reviewing the company’s performance across different periods.

These non-GAAP measures are not in accordance with, or an alternative to, measures prepared in accordance with GAAP and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Non-GAAP measures have limitations in that they do not reflect all of the amounts associated with the company’s results of operations as determined in accordance with GAAP. These measures should only be used to evaluate the company’s results of operations in conjunction with the corresponding GAAP measures.

Reconciliation to the most directly comparable GAAP measure of all non-GAAP measures can be found in the tables included in this press release.

The company excludes certain items and other adjustments from total segment revenue, total segment expense, total segment EBITDA, total segment EBITDA margin, adjusted net income and adjusted net income per diluted share. See reconciliations for a complete list of items excluded from non-GAAP measures.

Adjusted net income is a non-GAAP financial measure used by management that provides additional insight on performance. Adjusted net income excludes amortization of acquisition-related intangibles, stock-based compensation, restructuring costs and other items affecting comparability and, therefore, provides a more complete understanding of continuing operating performance. Management believes that the presentation of adjusted net income provides users of our financial statements greater transparency into ongoing results of operations allowing them to better compare our results from period to period.

The company uses free cash flow, a non-GAAP measure. Free cash flow is defined as cash flow used in/provided by operating activities less capital expenditures, distributions to minority interest, and other. The company considers free cash flow to be a liquidity measure that provides useful information to management and users of our financial statements about the amount of cash generated by the business which can then be used to, among other things, reduce debt outstanding.

The company also uses net debt, a non-GAAP measure. Net debt is defined as total long-term borrowings plus short-term and current portion of long-term borrowings, at par value, excluding lines of credit used for settlement purposes, less cash and cash equivalents. The company believes that net debt provides additional insight on its level and management of leverage.

Certain revenue measures in this release are presented excluding the estimated impact of foreign currency changes (constant currency). To present this information, monthly results in the current period for entities reporting in currencies other than United States dollars are translated into United States dollars at the average exchange rates in effect during the corresponding month of the prior fiscal year, rather than the actual average exchange rates in effect during the current fiscal year. Once translated, each month in the period is added together to calculate the constant currency current period results. The company believes that revenue growth is a key indication of how First Data is progressing from period to period and the non-GAAP constant currency financial measure is useful to investors, lenders and other creditors because such information enables them to measure the impact of currency fluctuations on the company’s revenue from period to period.

Investor Conference Call

The company will host a conference call and webcast on Monday, August 7, 2017, at 8 a.m. ET to review the second quarter 2017 financial results.

To listen to the call, dial +1 (844) 826-3033 (U.S.) or +1 (412) 317-5172 (outside the U.S.) at least 10 minutes prior to the start of the call. The call will also be webcast on the “Investor Relations” section of the First Data website at investor.firstdata.com along with a slide presentation to accompany the call.

A replay of the call will be available through September 7, 2017, at +1 (877) 344-7529 (U.S.) or +1 (412) 317-0088 (outside the U.S.); passcode 10109727 and via webcast at investor.firstdata.com.

Please note: Other than the replay, First Data has not authorized, and disclaims responsibility for any recording, replay or distribution of any transcription of this call.

About First Data

First Data Corporation (NYSE: FDC) is a global leader in commerce-enabling technology, 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.

Contact:

Peter Poillon
Investor Relations
First Data
212-266-3565
Peter.Poillon@firstdata.com

Liidia Liuksila
Public Relations
First Data
212-515-0174
Liidia.Liuksila@firstdata.com

Source: First Data Corporation

Macy’s announces 12th annual Shop For A Cause charity event benefitting the March of Dimes, Aug. 10-13

  • From Thursday, August 10 through Sunday, August 13, give $5 to the March of Dimes at any Macy’s store or macys.com and save 20 to 25 percent on a great selection of merchandise
  • “First Hug” video brings the mission of March of Dimes to life, and customers are invited to write letters of support to families with babies in the Newborn Intensive Care Unit (NICU)

NEW YORK, 2017-Aug-08 — /EPR Retail News/ — Macy’s invites customers to participate in its 12th annual Shop For A Cause charity event benefitting the March of Dimes, beginning on Thursday, Aug. 10 through Sunday, Aug. 13. Macy’s Shop For A Cause is a four-day shopping event created to support the fundraising efforts of nonprofit organizations. Since 2006, the program has helped raise tens of millions of dollars for thousands of charities across the country. New this year, Macy’s partnered with the March of Dimes to produce a short film titled, “First Hug,” which can be viewed online at macys.com/SFAC.

For the seventh year, Macy’s has designated the March of Dimes, the leading nonprofit organization in support of pregnancy and baby health, as its national in-store and online beneficiary of Shop For A Cause. Customers will be invited to give $5 to the March of Dimes at any Macy’s register or online at macys.com and receive a savings pass valid for 20 to 25 percent off select regular-priced and sale items all weekend long. Exclusions apply and offer differs online, visit macys.com/SFAC for details. Customers who give $5 in-store may also enter for a chance to win a $500 Macy’s gift card, and customers can visit participating stores for details and the official rules.

As part of Macy’s support for the March of Dimes mission to give every baby the healthiest start in life, Macy’s is inviting shoppers to write a letter of hope and support to a family of a baby in a hospital Newborn Intensive Care Unit (NICU) at macys.com/SFAC. Shoppers can also write a letter by visiting select Macy’s stores from Aug. 10 through Aug. 13. Following the Shop for A Cause campaign, Macy’s and the March of Dimes will deliver these messages to families in communities nationwide.

“Macy’s has supported the work of national and local charities through our Shop For A Cause program for more than a decade,” said Lauren Anania, Macy’s director of cause marketing. “Together with our associates and customers, we are deeply proud to again raise much-needed funds for the March of Dimes in support of families across the country, while offering shoppers four days to enjoy great savings.”

Macy’s has also partnered with the March of Dimes to produce a short film titled, “First Hug,” which shares the morning routine of a mother whose baby is in the NICU, reminding viewers that not all first hugs are the same. With 380,000 babies born prematurely in the United States each year, this video illustrates just one aspect of what those families experience. The video will premiere online at macys.com/SFAC, where customers can also pen their letter to families.

“Macy’s associates and customers are going the extra mile to show their compassion for families with babies born too sick or too soon by writing letters to encourage and inspire, and sharing our ‘First Hug’ short film to raise awareness of the March of Dimes mission,” says Stacey D. Stewart, president of the March of Dimes. “For the past 20 years, Macy’s associates and customers have raised $25 million to support March of Dimes research and programs that help give every baby the chance to survive and thrive.”

In addition to the March of Dimes, more than 1500 local charities have signed up to participate this year in Macy’s Shop For A Cause Charity Challenge hosted by CrowdRise, the world’s largest crowdfunding platform dedicated exclusively to charitable fundraising. By giving $5 to their favorite participating local charity, customers will help their favorite cause compete for cash prizes, and as a thank you, they’ll receive the Shop For A Cause savings pass to enjoy special discounts on a great selection of merchandise. For a list of participating organizations, visit crowdrise.com/shopforacause.

For more information about Macy’s Shop For A Cause or to view “First Hug,” visit macys.com/SFAC.

About Macy’s

Macy’s, the largest retail brand of Macy’s, Inc. (NYSE:M) delivers fashion and affordable luxury to customers at approximately 670 locations in 45 states, the District of Columbia, Puerto Rico and Guam, as well as to customers in the U.S. and more than 100 international destinations through its leading online store at macys.com. Via its stores, e-commerce site, mobile and social platforms, Macy’s offers distinctive assortments including the most desired family of exclusive and fashion brands for him, her and home. Macy’s is known for such epic events as Macy’s 4th of July Fireworks and the Macy’s Thanksgiving Day Parade, as well as spectacular fashion shows, culinary events, flower shows and celebrity appearances. Macy’s flagship stores – including Herald Square in New York City, Union Square in San Francisco, State Street in Chicago, and Dadeland in Miami and South Coast Plaza in southern California – are known internationally and are leading destinations for visitors. Building on a more than 150-year tradition, and with the collective support of customers and employees, Macy’s helps strengthen communities by supporting local and national charities giving more than $54 million each year, plus 180,000 hours of volunteer service, to help make a difference in the lives of our customers.

For Macy’s media materials, including images and contacts, please visit our online pressroom at macys.com/pressroom.

About March of Dimes

The March of Dimes is the leading nonprofit organization for pregnancy and baby health. For more than 75 years, moms and babies have benefited from March of Dimes research, education, vaccines, and breakthroughs. For the latest resources and health information, visit our websites marchofdimes.org and nacersano.org. If you have been affected by prematurity or birth defects, visit our shareyourstory.org community to find comfort and support. You can also find us on Facebook or follow us on Instagram and Twitter.

Macy’s Media Relations:
Julie Strider
646-429-5213
julie.strider@macys.com

Source: Macy’s, Inc.

TAG Heuer becomes the Official Timekeeper and Official Watch of France’s Ligue de Football Professionnel

TAG Heuer becomes the Official Timekeeper and Official Watch of France’s Ligue de Football Professionnel

 

Paris, 2017-Aug-08 — /EPR Retail News/ — TAG Heuer has strengthened its presence in international football, becoming the Official Timekeeper and Official Watch of France’s Ligue de Football Professionnel.

One of the first luxury watch brands to invest in football sponsorship, TAG Heuer continues to expand the global soccer partnership strategy that kicked off in 2014. The French Ligue 1 Conforama is the latest prestigious football competition to be sponsored by TAG Heuer, joining the German, English and Spanish championships, among others.

TAG Heuer becomes Official Timekeeper and Official Watch of competitions organized by the LFP, including the Ligue 1 Conforama, the Coupe de la Ligue and the Trophée des Champions, applying its unique technical savoir-faire to sports performance.

The partnership was announced during the Trophée des Champions match in Tangiers, Morocco between current champion AS Monaco and French Cup winner Paris Saint Germain. This latest partnership continues to push the limits of timekeeping, resonating with the Tag Heuer philosophy of #DontCrackUnderPressure.

In addition to the French LFP, Tag Heuer is also the official partner of:
– the English Premier League and Manchester United;
– the German Bundesliga;
– the Spanish Liga;
– the American Major League Soccer (MLS);
– the Chinese Super League;
– the Japanese J-League;
– the Asian Football Confederation(AFC);
– the Australian national team Caltex Socceroos ;
– and the International Champions Cup in the United States.

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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MIGROS: EIN JAHR WELLE 7 AM HAUPTBAHNHOF BERN

MIGROS: EIN JAHR WELLE 7 AM HAUPTBAHNHOF BERN

 

Schönbühl, Switzerland, 2017-Aug-08 — /EPR Retail News/ — Am 8. August 2016 eröffnete die Migros Aare die Welle 7 am Bahnhof Bern. Inzwischen hat sich das Center gut etabliert. Um die Bedürfnisse der Pendlerinnen und Pendler noch besser abzudecken, wurden und werden kontinuierlich Anpassungen vorgenommen. Auch die Klubschule zieht eine positive Bilanz.

Wöchentlich besuchen rund 80‘000 Menschen die Welle 7, das neue Center am Bahnhof Bern, das die Migros Aare am 8. August 2016 eröffnet hat. Besonders auf Deck 2 (Eingang direkt von der Welle her) herrscht ein kontinuierlicher Besucherstrom.

Innerhalb des Gebäudes verteilen sich die Frequenzen unterschiedlich. Auf Deck 3 bis 7 sind es vor allem Gäste, die gezielt Klubschulkurse besuchen, Räume im Workspace nutzen oder Geschäftstermine in diesen Räumen wahrnehmen. Auf Deck 0 bis 1 gab es vor allem in der Startphase viele Neugierige, welche die Geschäfte und Dienstleistugnen entdeckten. Im Verlaufe des Jahres wurden diese zunehmend gezielt aufgesucht, jedoch entspricht die Frequenz hier noch nicht den Erwartungen der Migros Aare.

Wandel als Bestandteil des Konzepts
Von Beginn weg war klar, dass sich die Welle 7 permanent auf die aktuellsten Bedürfnisse der mobilen Gesellschaft ausrichten will. Der Wandel ist Teil des Konzeptes. Dies illustrieren zum Beispiel die zahlreichen Gastronomieformate: Angebote wie Dunkin‘ Donuts oder das Sortiment Daily im Migros-Supermarkt kommen hervorragend an. Doch wie die meisten anderen Food-Anbieter wurden auch hier Sortimente und Konzepte im ersten Jahr permanent auf die individuellen Bedürfnisse der Kundschaft und der Zielgruppen der Welle 7 angepasst. Keines dieser Formate sieht heute noch so aus wie bei der Eröffnung.

Diese flexible und schnelle Anpassung an den Markt ist und bleibt ein Kennzeichnen der Welle 7 und wird inzwischen vielerorts im stationären Handel ebenfalls umgesetzt – kaum ein namhafter Anbieter aus der Schweiz und dem benachbarten Europa, der die Welle 7 in den ersten Monaten nicht besucht und bestmöglich analysiert hätte. Einzigartige Neuerungen wie die Collect Lounge sorgten für hohe Aufmerksamkeit. Um den Marktvorsprung beizubehalten wird die Welle 7 weiterhin an der permanenten Kundenorientierung arbeiten.

In der breiten Öffentlichkeit, der Retail-Szene und in der Migros-Gemeinschaft wird die Welle 7 denn auch als zukunftsweisend und innovativ wahrgenommen. Ein weiterer Fingerzeig dafür ist das enorme Interesse vieler Veranstalter von Foren, Tagungen und Kongressen, die nicht nur in der Welle 7 zu Gast sind, sondern oft zusätzlich über das Konzept informiert werden wollen.

Startschwierigkeiten bei Räumen und Technik behoben
Der Start der Welle 7 vor einem Jahr war selbstredend auch bei den Verantwortlichen der Migros Aare mit Anspannung erwartet worden, weil viele Angebote und Dienstleistungen in dieser Form das erste Mal umgesetzt wurden – nicht nur in der Migros, sondern gar schweiz- oder europaweit. Angesichts der Komplexität verliefen die ersten Wochen und Monate mehrheitlich reibungslos .

Erste Erfahrungen haben aber beispielsweise ergeben, dass die teilweise offen gestalteten Räume – diese werden gleichermassen von der Klubschule für Kurse wie auch von Drittmietern für Business-Anlässe oder Meetings gemietet – nicht bei allen gut ankamen. Ein Teil der offenen Räume wurde deshalb zusätzlich verglast. Hier war die Migros Aare eine Spur zu offensiv.

Ebenfalls angepasst wurde die Signaletik, um die Kundenführung zu verbessern und die Kundenströme besser zu lenken. Und auch die IT-Systeme in den topmodern ausgestatteten Räumlichkeiten waren und sind gewöhnungsbedürftig und ergaben anfangs Erklärungsbedarf. Mittlerweile haben sich die Kundinnen und Kunden an die Möglichkeiten der Welle 7 gewöhnt und schätzen diese.

Klubschule und Workspace auf Erfolgskurs
Die Klubschule hat den einschneidenen Umzug – aus drei Stadtberner Standorten wurde ein neuer, grosser und moderner in der Welle 7 – nach einer gewissen Eingewöhnungszeit gut verdaut. Die Rückmeldungen der Kursteilnehmenden sind positiv. Insbesondere die zentrale Lage am Bahnhof und die moderne Infrastruktur kommen sehr gut an. Seit der Eröffnung am 8. August 2017 haben 32‘000 Kursteilnehmende insgesamt rund 650‘000 Klubschul-Lektionen besucht – die meistbesuchten Kurse waren Deutsch, Englisch, Informatik, Kochen, Yoga, Pilates und Fitness.

Wenn die Klubschule Migros ihre Räumlichkeiten nicht für Kurse belegt, werden diese als Workspace an Dritte vermietet – auch dies ein Novum für die Migros Aare, welche die Koordination in Eigenregie übernommen hat. Das Angebot wird vom Markt gut angenommen. Seit der Eröffnung verzeichnete die Welle 7 rund 42‘000 Raumbuchungen der Klubschule, 4‘200 Raumbuchungen externer Mieter (davon 1‘100 via Online-Kanäle), rund 100 Mal wurden grosse Eventräume für Anlässe mit 200 Gästen oder mehr gebucht. Entsprechend beeindruckend sind die Zahlen des Caterings der Welle 7, das beispielsweise 4‘600 Gipfeli, 23‘500 Getränkepauschalen, 5‘200 Zvieri oder 5‘800 Znüni liefern konnten.

Agil und optimistisch in die Zukunft
Für eine erfolgreiche Positionierung am Markt rechnet die Migros Aare mit gut fünf Betriebsjahren. Ziel für die Zukunft ist es, weiterhin äusserst kunden­orientiert agieren zu können, um sich stetig weiterzuentwickeln. Nach einem Jahr blickt die Migros Aare der Zukunft der Welle 7 optimistisch entgegen und zeigt sich mit den ersten Erfahrungen zufrieden.

Medienkontakt:

Andrea Bauer
Mediensprecherin
TEL: +41 58 565 87 08
E-MAIL: andrea.bauer@migrosaare.ch

Source: Migros

###

Asda: a further 35% of UK customers claim they prefer eating international foods over classic British meals

Brits travel the world with their taste buds every day, eating 6 international dishes – Fajitas knock curry off the top spot as the nation’s favourite international meal – Sales of international foods have increased 40% in the last 12 weeks at one leading retailer

LEEDS, England, 2017-Aug-08 — /EPR Retail News/ — On average, Brits are eating food from 6 different countries every day, but we’re not talking margherita pizza and chicken tikka masala – our culinary globetrotting is resulting in a demand for the most authentic flavours and ingredients on our dinner plates.

From Greek yogurt for breakfast, to sushi at lunch and paella dinner, many of our mealtime staples now originate from foreign shores, with 35% of Brits claiming they have more adventurous palates now than ever before.

According to the research from Asda*, a further 35% of UK customers claim they now prefer eating international foods over classic British meals, with dishes such as fajitas and moussaka overtaking fish and chips and steak pie when it comes to what we want for dinner. The same applies on our lunch breaks, gone are the days of a ham and cheddar sandwich, we now visit up to 11 different countries in the middle of the day, with bread from Italy and France, chorizo from Spain, burritos from Mexico, miso soup from Japan and gourmet burgers from America.

The passion for international cuisine is constantly evolving, and Brits say their inspiration comes from many sources – the extensive range of dishes available in supermarkets which encourages them to try new flavours (35%), global travel (20%), cookery programmes (16%) a desire to feel more cultured (10%) and social media (6%).

Asda recognises this culinary shift and increasingly gives customers the opportunity to enjoy authentic Global cuisine from the comfort of their own homes. Asda’s innovation team travel the world, from the shores of the Mediterranean to the vast spice markets of Asia and the traditional villages of Mexico and Cuba to introduce new and exciting international dishes, using authentic ingredients to tantalise well-travelled taste buds. As a result, the last 12 weeks alone have seen Asda shoppers buying 40% more international foods.

In terms of dishes, we’re going mad for Mexican, as fajitas top the tables as Brits’ favourite (32%), taking over from curry, the UK’s national dish 10 years ago**. Fueling the Mexican fiesta, searches of Mexican food on Google have increased by 225% in the last 5 years.

Mark Richmond, Head Innovation Chef at Asda, said “Our appetite for international foods continues to grow and we’re broadening our palates far beyond classic tikka masala or chicken chow mein. Our taste buds are likely to travel even further in 2018 with a rise in popularity of foods from the Middle East, the Pacific and Regional Italy as well as deeper exploration of Asian Fusion’.

We travel the world to bring our customers the most authentic flavours from all corners of the globe – direct to the aisles. There are so many flavours of the world to experiment with, we say go for it!”

Mark Richmond’s Global Flavours Trend Predictions
Middle Eastern Inspiration – Driven by our quest for fresh ingredients and healthy food,expect to see a rise in skewers, sharing small plates, dips and pickles, BBQ meats, a variety of grilled breads, topped pide and levantine as well as authentic spices such as zhoug, harissa, zaatar, dukkah and chemoula.
A Trip Across the Pacific – We will see a rise in popularity of authentic Mexican, Cuban and Hawaiian dishes including tacos, pulled meats, empanadas, Latino chills, pickles, marinated fish and seafood, ceviche and poke bowls.
Regional Italian Resurgence – Fresh and tradition flavours and ingredients of regional Italy are predicted to experience a real movement, such as octopus, rabbit, slow roasted pork, burrata, handmade pasta, truffle, fresh beans and Umbrian lentils. We’ll also see more traditional cooking techniques coming to the fore, including charring, smoking, curing and slow fermenting.
Asian Fusion Explosion – We are eagerly anticipating even more innovative combinations of Asian dishes. Bao buns, baozi, robata, kimchi, BBQ grilled meats and lots of Korean flavours are expected to gain momentum.

AROUND THE WORLD IN 20 PLATES: BRITS’ TOP 20 INTERNATIONAL DISHES:
1. Fajitas

2. Paella

3. Peking duck

4. Moussaka

5. Mozzarella salad

6. Tacos

7. Jerk chicken

8. Sushi

9. Chinese dumplings

10. Beef short rib

11. Pad Thai

12. Stuffed vine leaves

13. Tuna niçoise salad

14. Chicken katsu

15. Massaman curry

16. Dahl

17. Ramen

18. Miso soup

19. Souvlaki

20. Empanadas

Source: ASDA

DDR announces the pricing of $350 million of 3.900% senior unsecured notes due 2024

BEACHWOOD, Ohio, 2017-Aug-08 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) today (Aug 07, 2017) announced the pricing of $350 million of senior unsecured notes in an underwritten public offering.  The offering consists of $350 million of 3.900% notes due 2024.  The notes are being offered to investors at a price of 99.703% with a yield to maturity of 3.949%.  Interest on the notes will be paid semi-annually on February 15 and August 15, beginning February 15, 2018.  The offering is expected to close on or about August 16, 2017, subject to the satisfaction of customary closing conditions.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, U.S. Bancorp Investments, Inc. and J.P. Morgan Securities LLC are serving as joint book-running managers for the offering. KeyBanc Capital Markets Inc., Regions Securities LLC, Scotia Capital (USA) Inc., BNY Mellon Capital Markets, LLC and Capital One Securities, Inc. are serving as senior co-managers, and FTN Financial Securities Corp., The Huntington Investment Company, SMBC Nikko Securities America, Inc. and The Williams Capital Group, L.P. are serving as co-managers for the offering.

DDR intends to use the net proceeds from the offering of the notes to redeem all $300 million aggregate principal amount (plus the make-whole amount) of its 7.875% Notes due 2020 and to use any additional net proceeds for general corporate purposes.

The notes are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission (the “SEC”).  The offering will be made solely by means of a prospectus supplement and accompanying prospectus filed with the SEC.  You may obtain these documents without charge from the SEC at www.sec.gov.  Alternatively, you may request copies of these documents by contacting Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free: 1-800-831-9146, or by emailing prospectus@citi.com; Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, attention of Prospectus Department, or by calling toll-free: 1-866-471-2526, or by facsimile: 212-902-9316, or by emailing prospectus-ny@ny.email.gs.com; or U.S. Bancorp Investments, Inc., 214 North Tryon Street, 26th Floor, Charlotte, North Carolina, 28202, attention of High Grade Syndicate Desk, or by calling toll-free: 1-877-558-2607.

This release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted.

ABOUT DDR CORP.

DDR is an owner and manager of 298 value-oriented shopping centers representing 100 million square feet in 34 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR.

SAFE HARBOR

DDR considers portions of the information in this press release to be 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, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; redevelopment and construction activities may not achieve a desired return on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; the success of our deleveraging strategy; and any impact or results from the Company’s portfolio transition or any change in strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2016. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE: DDR Corp.

Gap Inc. to host Q2 2017 results conference call and webcast on August 17, 2017

SAN FRANCISCO, 2017-Aug-08 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) will report its second quarter 2017 earnings results by press release on August 17, 2017 at 1:15 p.m. Pacific Time.

In addition, the company will host a summary of Gap Inc.’s second quarter results during a live conference call and webcast on August 17, 2017 from approximately 2:00 p.m. to 3:00 p.m. Pacific Time. The conference call can be accessed by calling 1-855-5000-GPS or 1-855-500-0477 (participant passcode: 6432748). International callers may dial 1-323-794-2078. The webcast can be accessed at www.gapinc.com.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, Intermix, and Weddington Way brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Contact:
press@gap.com

Source: GAP Inc.

Whole Foods Market 365 opens new store in Santa Monica, Wednesday, Aug. 9

Offers convenient, quality-meets-value experience, Groundwork Coffee, Asian Box

LOS ANGELES, 2017-Aug-08 — /EPR Retail News/ — The fifth Whole Foods Market 365 opens Wednesday, Aug. 9, at 9 a.m. in Santa Monica, CA at 2121 Cloverfield Blvd at Pico.  Regular store hours are 7 a.m. – 10 p.m., seven days a week. This will be the second Whole Foods Market 365 location for the Los Angeles area.

The vibrant 30,000-square-foot space takes “neighborhood grocery store” to the next level with its mix of affordable grocery items, unique venues and retail innovations for customers seeking convenience and value. The store will offer high quality products without any artificial colors, sweeteners or preservatives.

“Whole Foods Market 365 is all about the easy everyday shop—whether you’re meeting a friend for dinner and a glass of wine, stocking up on groceries for the week, or grabbing food to go, this store has a blend of fun foodie finds and convenience,” said Jeff Turnas, president of Whole Foods Market 365. “Our Santa Monica store is a great example of the evolution of the 365 brand and we’re thrilled to bring this neighborhood a new place to shop and hang out.”

Exciting Features & Flavors

Groundwork Coffee: Open daily from 5:30 a.m. to 8 p.m., local favorite Groundwork Coffee features 100 percent certified organic hot and cold coffees and teas, including nitro cold brew coffee and a new vegan horchata & cold brew. In addition to coffee, Groundwork will offer a full menu of made-to-order breakfasts, sandwiches, salads, and bowls with many vegan, gluten-free, and vegetarian options. Highlights include house-made granola, Bitches Brew short rib sandwich, vegan kale caesar salad, and umami rice bowl. All eggs served are organic, and all meats are free of added hormones and antibiotics.

Asian Box Street Food: Regular hours 11 a.m. – 10 p.m. Tuesday to Saturday, and 11 a.m. – 9 p.m. Sunday to Monday. All menu items are 100 percent gluten-free, customizable, and “dtam sang,” or made to order. Guests pick a base of rice, rice noodles or Asian salad, a protein like Six Spice Chicken, Lemongrass Pork, or Coconut Curry Tofu, then top it with a variety of ingredients likes wok steamed or spiced vegetables, crispy shallots, fresh jalapeno and caramel eggs. House made sauces include tamarind vinaigrette, Miss Jones’™ Sriracha, no-oil fish sauce, peanut sauce, and Asian Street Dust™.

Taqueria: An in-house kitchen offers tacos, bowls, burritos, plus build-your-own pizza and convenient ordering via kiosk. This venue includes many vegan options like tofu picadillo and jackfruit al pastor tacos, plus a full menu of Detroit-style pizza.

Antipasto bar: A mouth-watering selection of olives, roasted garlic, tapenades, pickled and marinated artichokes, beets and cauliflower sold by the pound.

Specialty cheeses: Planning a party? Stop by the specialty cheese set for a hand-picked selection of nearly 30 artisanal cheeses, from Parrano and Pavino to Seaside and Vermont Creamery’s Minimont, made exclusively for Whole Foods Market 365 stores.

Organic soda fountain: 100 percent organic, non-GMO sodas by Tractor Beverage Co made without artificial colors, flavors or preservatives. The organic soda fountain will have rotating flavors on tap like Cola, Root Beer, Ginger Beer, Coconut, Cherry Cream and Cucumber.

Grab-and-go: Build your-own salad and meals at hot and cold bars with fresh ingredients. Shoppers can pick up ready-made wraps, sushi, pizza, sandwiches, pastas, breakfast tacos, plus crowd pleasing favorites like cakes, pies, fruit and veggie trays.

Fresh baked goods: Pick up baked goods by local favorite, Larder Baking Company, and choose from a selection of cookies, pastries and hearth breads. Plus, a bulk cookie bar will offer cookies by the pound.

“Flash Finds”: New, seasonal or unique offerings available for a limited time.  Flash Finds for opening week include Jica chips, Severino pasta, Coolhaus Ice Cream Sandwiches and Milkadamia Macadamia Nut Milk.

On-site pairing kiosk: Scan wine bottles, beer or spirits for food pairing ideas, ratings, user reviews and recommendations. The beer, wine and spirits section has 400+ wines, 200+ craft, domestic and imported beers, 50+ spirits, with many organic and sustainable options.

365 Rewards:  A free digital loyalty program that gives customers special discounts, free products and other surprises. 365 rewards members receive 10 percent off more than 100 items throughout the store. Program highlights include 20 percent off all berries on Wednesdays, digital punch cards with buy 5 get 1 free offers and $5 off a $25 purchase for new members. Shoppers can sign-up here.

Opening Day Celebration

The first 365 shoppers will receive complimentary coffee, pastries and reusable shopping bags, DJ Phatrick will be spinning tunes on the patio and there will be fun giveaways throughout the day.  On Wednesday, August 23, the store will host a “Community Giving Day” where 5 percent of the store’s net sales will be donated to KCRW, a service of Santa Monica College. From 4 p.m. – 7 p.m., KCRW street teams will be on-site to give away free memberships to shoppers who purchase $50 or more on that day with proof of purchase on receipt.

Contact:

SOmedia@wholefoods.com

Source: Whole Foods Market

X5 launches Pyaterochka and Post Bank co-branded Visa card

Moscow, 2017-Aug-08 — /EPR Retail News/ — X5 Retail Group (“X5” or “the Company”), a leading Russian food retailer (LSE: FIVE), announces the launch of a co-branded Visa card by the Pyaterochka retail format and Post Bank (part of VTB Group), offering customers the combined benefits of the Helping Card loyalty programme with enhanced banking services. Clients can apply for the card at any Post Bank branch, with no issuance or service fees.

From 1 August 2017, the cards are available at over 1,500 Post Bank branches in the Northwestern and Central Federal Districts, where more than 5,000 Pyaterochka stores operate. Starting from September, the cards will be issued at the bank’s branches across the entire territory where Pyaterochka operates, including the Volga, Urals and Southern Federal Districts, and certain regions of the Siberian Federal District.

“The Pyaterochka loyalty programme is gaining momentum. In the first four months since its launch, more than 10 million Helping Cards have been activated, and the pace of growth remains high. This co-branded card with Post Bank gives participants of the loyalty programme additional benefits. Card holders will get points for all of their purchases, while earning three times as many points when shopping at Pyaterochka compared to the regular Helping Card. The pilot project in St Petersburg and the Leningrad region showed that Pyaterochka card holders visited our stores almost twice as often than they did before getting the card,” said Pyaterochka CEO Olga Naumova.

“The co-branded card with Pyaterochka is our first project of its kind. I am confident that Pyaterochka’s many customers will value the card and the benefits it offers. In addition to points for purchases, card owners gain a free savings account with monthly accruals at an annual interest rate of up to 7%,” said Grigory Babajanyan, Vice-President, Director for Retail Business Development at Post Bank.

The Pyaterochka loyalty programme gives participants points for any purchase with the Pyaterochka card. Purchases in Pyaterochka will return card owners 3 points for every 20 roubles if the ticket is up to 555 roubles or 4 points for every 20 roubles if the ticket is over 555 roubles. Moreover, card owners get Pyaterochka points (2 points for every 20 roubles) for purchases with the card in any other store, including online. When shopping in Pyaterochka, customers can then use these points to pay for up to 100% of the amount of their purchases at the conversion rate of 10 points per 1 rouble. Participants of the Helping Card loyalty programme can get the new co-branded Pyaterochka card from Post Bank and consolidate points under both programmes.

Contact:

Maxim Novikov
Head of Investor Relations
Tel.:+7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group

AHOLD DELHAIZE SHARE BUYBACK UPDATE: 1,564,286 COMMON SHARES REPURCHASED IN THE PERIOD FROM JULY 31, 2017 UP TO AND INCLUDING August 4, 2017

Zaandam, the Netherlands, 2017-Aug-08 — /EPR Retail News/ — Ahold Delhaize has repurchased 1,564,286 of Ahold Delhaize common shares in the period from July 31, 2017 up to and including August 4, 2017. The shares were repurchased at an average price of €17.45 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 35,529,446 common shares for a total consideration of €675 million.

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

Visit www.aholddelhaize.com/en/investors/share-information/share-buy-back-programs for a complete overview of all Ahold Delhaize share buyback programs.

Contact:

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

Source: Ahold Delhaize

Meijer expands its natural pet food assortment with the addition of Blue Buffalo Life Protection Formula® line of products

Retailer expands pet food assortment; adds brand previously available at specialty retailers only

GRAND RAPIDS, Mich., 2017-Aug-08 — /EPR Retail News/ — Meijer announced today (August 7, 2017) that it is expanding its assortment of natural pet food with the addition of Blue Buffalo Life Protection Formula® line of products. Beginning today, Blue Buffalo Life Protection Formula will be available in all Meijer stores across its six-state footprint. The product will soon be available to add to a home delivery order later this month.

“We are excited to offer Blue Buffalo Life Protection Formula to our customers,” said Jenn Martin, Director of Pets Merchandising for Meijer. “We continue to expand our selection of high-quality pet products as our pet parent customers seek healthier and more natural products for their pets.”

Meijer continues to enhance its entire pet product assortment – from food to care essentials to toys. Earlier this year, Meijer unveiled a new enhanced pet department format in all six of its new stores that opened in May. The enhanced department will be unveiled in all new and remodeled Meijer stores moving forward.

About Meijer:

Meijer is a Grand Rapids, Mich.-based retailer that operates 230 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the “one-stop shopping” concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, garden centers and electronics offerings. For more information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact: 
Jennifer Rook
616.791.2242
Jennifer.Rook@meijer.com

Source: Meijer

CBRE releases 2016 Corporate Responsibility Report

Los Angeles, 2017-Aug-08 — /EPR Retail News/ — CBRE, the world’s largest commercial real estate services and investment firm, has released its tenth annual Corporate Responsibility Report. The 2016 report – themed “Building Connections” – highlights CBRE’s many accomplishments as a leader in responsible business practices within the commercial real estate industry.

CBRE has been consistently recognized for its corporate responsibility practices and performance:

• CBRE remained a constituent of the FTSE4Good Index following the June 2017 index review, and has been a part of FTSE4Good since 2014.

• CBRE has been included in the Dow Jones Sustainability Index (DJSI) North America since 2014, reflecting the strength of its performance regarding environmental, social and governance issues.

• In early 2017, CBRE was named a World’s Most Ethical Company by The Ethisphere Institute for the fourth consecutive year and received an EPA ENERGY STAR® Partner of The Year — Sustained Excellence Award, the tenth consecutive year of EPA recognition.

Other CBRE achievements for 2016 and early 2017 highlighted in the report include:

• CBRE created its first global greenhouse gas emissions reduction goal. The company aims to reduce Scope 2 emissions 30 percent by 2025 and 50 percent by 2035 compared to a 2015 baseline.

• In 2016, CBRE registered and benchmarked 1,975 buildings totaling more than 314 million square feet to EPA ENERGY STAR. CBRE’s 288 ENERGY STAR labeled buildings under management represent nearly 3.5 percent of the total U.S. office buildings labeled in ENERGY STAR.

• In the United Kingdom, CBRE received a total of 32 Royal Society for the Prevention of Accidents (RoSPA) Health & Safety Awards in 2016.

• CBRE global corporate and employee donations totaled nearly $13 million in 2016, supporting a range of nonprofit organizations.

“We recognize the role we play in the communities in which we work and are striving to develop thoughtful business solutions to address issues such as resource management, environmental impact, community improvement and workplace health and safety,” said Bob Sulentic, CBRE’s president and chief executive officer. “We are proud of our people’s commitment to acting responsibly and with integrity while producing great outcomes for our clients.”

“Building Connections” was produced in accordance with the Global Reporting Initiative (GRI) Standards at the Core level and includes the company’s progress toward implementing the Ten Principles of the United Nations Global Compact.

More information on corporate responsibility at CBRE can be found at www.cbre.com/responsibility.

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

MEDIA CONTACT:

Robert McGrath
212.984.8267
robert.mcgrath@cbre.com

SOURCE: CBRE Group, Inc.

Foodstuffs New Zealand launches new fleet of 100 percent electric vans

A new fleet of 100 percent electric vans is cruising around New Zealand, branded with New World, PAK’nSAVE and Four Square logos.

Auckland, New Zealand, 2017-Aug-08 — /EPR Retail News/ — Foodstuffs New Zealand officially launched the fleet at a ceremony attended by Foodstuffs New Zealand Managing Director, Steve Anderson and MP for Selwyn Amy Adams, held at New World Lincoln in Canterbury on August 4.

Foodstuffs New Zealand was awarded $500,000 by EECA from the Low Emission Vehicles Contestable Fund to implement a project that involved importing 28 electric vans from the UK.

“The EECA funding covered 50 percent of the project cost, with Foodstuffs New Zealand funding the other half. The EECA funding is designed to encourage innovation and investment that will accelerate the uptake of electric and other low-emission vehicles (LEV) in New Zealand that might not otherwise occur,” Foodstuffs New Zealand Managing Director Steve Anderson says.

Sustainability Manager for Foodstuffs New Zealand Mike Sammons says the van rollout complements the electric vehicle fast charging points that are being installed in a number of stores.

“We already have fast charge stations at the New World stores in Otaki, Warkworth, Te Kuiti and Kumeu in the North Island and Northwood in the South Island, we anticipate another half dozen will be installed over the next year or so. We see these charging stations as an important community resource. They will become increasingly useful to our customers as more New Zealanders transition over to electric vehicles over the coming years.”

With their brightly coloured branding, the Foodstuffs vans are highly visible on the road. Sammons says they’ll be a talking point in the 28 communities they are being distributed to around New Zealand.

“EECA’s aim is to encourage the uptake of electric vehicles by making this funding available to businesses. Our store owners are very happy with them and we think our customers will take an interest in them too. For Foodstuffs, this is just a small part of our efforts to reduce our carbon footprint and make our business more environmentally sustainable.

“Fully electric vehicles produce no emissions improving both local air quality and helping reduce global warming. They use battery technology, which powers an electric motor. They require less maintenance and are extremely quiet. They’re also very functional and can accelerate and climb hills better than a standard petrol vehicle,” Sammons says.

There are 28 stores involved in the programme. Thorndon New World in Wellington was the test store, and received its electric van in May. The store offers a delivery service, for which the van has already proven very useful.

All 28 stores will have their vans on the road by the beginning of September.

Contact:
Tel: +64 4 472 6435
Fax:+64 4 472 6412

Source: Foodstuffs NZ

DICK’S Sporting Goods to open two new stores and three new Field & Stream stores in August

The retailer will celebrate with four grand opening celebrations

PITTSBURGH, 2017-Aug-08 — /EPR Retail News/ — DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening two new DICK’S Sporting Goods stores and three new Field & Stream stores in the first half of August. Grand Opening events will be held for stores in the following cities:

Prosper, TX – Aug. 4 – 6: A new DICK’S Sporting Goods and Field & Stream will open under one roof at the Gates of Prosper, 700 Richland Blvd., Prosper, TX 75078

Florence, AL – Aug. 4 – 6: A new Field & Stream will be built next to the existing DICK’S Sporting Goods location at Cox Creek Shopping Center, 376 Cox Creek Parkway, Florence, AL 35630

Kennesaw, GA – Aug. 11 – 13: A new Field & Stream will be built next to the existing DICK’S Sporting Goods location at Town Center Commons, 667 Ernest W. Barrett Parkway NW, Kennesaw, GA 30144

Houston, TX – August. 11 – 13: A new DICK’S Sporting Goods will open at Post Oak Shopping Center, 2131 Post Oak Blvd., Houston, TX 77056

“We look forward to celebrating the grand opening of five new stores in three different states,” said Lauren Hobart, President, DICK’S Sporting Goods. “Having a presence in these cities will allow us to better-serve the athletes and outdoor enthusiasts who live there. We hope the community joins us for the celebrations that we have planned.”

With the grand opening of these new stores, DICK’S will have 704 DICK’S locations and 32 Field & Stream locations in the country.

DICK’S will bring approximately 320 total jobs to these four communities through the hiring of full-time, part-time and temporary associates for these stores.

For each grand opening weekend, customers will receive the chance to win great prizes and meet several special guests, such as Darren Woodson**, Daryl Johnston**, Mike Modano**, Troy Landry**, Marcus Spears** and Bill Blodgett* in Prosper, TX; Frank Thomas**, Tom Oar**, Melissa Bachman*, Justin Tuck** and Jimmy Houston** in Florence, AL; Champ Bailey**, Roddy White**, Phil Niekro**, Mike Stroff*, Melissa Bachman*, Ryan Klesko**, Troy Landry**  and Skeet Reese* in Kennesaw, GA and Clyde Drexler** and Bruce Matthews** in Houston, TX. Additionally, celebrity trainer Eve Overland‡ will lead a CALIA Fit Workout at all four Grand Opening celebrations.

Visit dicks.com/Prosper, dicks.com/Florence, dicks.com/Kennesaw and dicks.com/Houston for full details on the Grand Opening celebrations, including giveaways, promotions, special guests and brand activations.

*Limit one autograph per person.  Autographs will be provided on a first-come, first-served basis at the store on the day of event only.  Limited Quantity.  Times and appearances are subject to change without notice. See store for details.

**WRISTBAND REQUIRED!  Wristbands are distributed on a first-come, first served basis beginning at store open on the day of event only. Limited Quantity. Limit one wristband per person.  Must be present to receive wristband.  Must have a wristband and must be in the Special Appearance line prior to the start of the appearance to receive an autograph.  Times and appearances are subject to change without notice. See store for details.

‡ NO PURCHASE NECESSARY.  VOID WHERE PROHIBITED.  LIMIT ONE PRIZE PER PERSON.  LIMITED TO THE FIRST 50 PARTICIPANTS.

About DICK’S Sporting Goods, Inc.

Founded in 1948, DICK’S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of April 29, 2017, the Company operated more than 690 DICK’S Sporting Goods locations across the United States, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated associates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. Headquartered in Pittsburgh, PA, DICK’S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as DICK’S Team Sports HQ, an all-in-one youth sports digital platform offering free league management services, mobile apps for scheduling, communications and live scorekeeping, custom uniforms and FanWear and access to donations and sponsorships. DICK’S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  For more information, visit the Press Room or Investor Relations pages at dicks.com.

About Field & Stream Specialty Store

Named for the iconic brand that for more than 140 years has been synonymous with outdoor experiences, the Field & Stream store offers a vast assortment of outdoor equipment, accessories and services in hunting, fishing, archery, camping and more. As of April 29, 2017, the Company operated more than 25 Field & Stream stores offering top of the line in-store services along with a wide variety of top  national brands including Remington, Huk, Carhartt, Shimano and Yeti, in addition to its exclusive offering of Field & Stream products. The Field & Stream trademark is owned by American Sports Licensing LLC., and is not associated with Field & Stream Magazine. For more information, visit FieldandStreamShop.com .

CONTACTS:    

DICK’S Sporting Goods
724-273-5552
press@dcsg.com

Source: DICK’S Sporting Goods, Inc.

ENGLAND: B&M opens new store in Thorne, South Yorkshire

Hartlepool, United Kingdom, 2017-Aug-08 — /EPR Retail News/ — There was plenty of excitement in Thorne today (05 August 2017) as a new B&M store, with Garden Centre, was opened.

It’s the latest addition to the stores in the South Yorkshire region and comes as a huge boost to the local economy thanks to the creation of more than 50 jobs.

Visitors to the store, based in Quora Retail Park, will be able to browse a wide range of branded and own label goods, including toys, groceries, health & beauty and pet ranges.

The new store also features a large 5842 square foot garden centre attachment.

As part of the opening day celebrations, B&M colleagues invited along a local charity, Thorne and Moorends Community Hub and Food Bank, to be their VIP for the day – who also received £250 worth of B&M vouchers as a thank you for taking part.

The team support local people in their community that suffer from food poverty – they supply them with parcels which include a variety of nutritious food that will last three days.

Volunteers at the charity aim to provide much more than bags of food to those who are hungry in their community. They also provide support, a cup of tea, a warm smile and a listening ear to anyone who needs it, together they want to eradicate food poverty in modern day Britain.

The store manager, Nick Lockwood, said: “The team from Thorne and Moorends Community Hub and Food Bank really stood out for us as they go the extra mile for local people, we wanted to give them some VIP treatment as a thank you for all the hard work they do.

“We hope that our donation can help them to continue the great work they do.”

He also commented: “The new team have been working really hard to get the store ready for opening day and we can’t wait to get the doors open Saturday and show customers their new B&M Thorne.”

Customers will also be able to enter the B&M Big Prize Bonanza, a free game show taking place at the store to carry the atmosphere on throughout the day. Those who enter will be in with a chance of winning prizes including a Steam Cleaner, B&M vouchers, Cadbury’s Chocolates and much more.

Contact:

email: press@bmstores.co.uk

Source: B&M

Coach introduces Selena Grace Bag from Coach x Selena Gomez collection

Coach introduces Selena Grace Bag from Coach x Selena Gomez collection

 

NEW YORK, 2017-Aug-08 — /EPR Retail News/ — Coach (NYSE: COH, SEHK: 6388) announces the launch of Coach x Selena Gomez, a new collection in partnership with the actress and singer. Featuring the Selena Grace, a bag designed by Selena in collaboration with Coach Creative Director Stuart Vevers, the offering also includes small leather goods and accessories available for a limited time.

The Selena Grace is a double-handled carryall named after the star and the quality she most embodies. A staple that reflects Gomez’s effortless all-American style, it’s a go-everywhere bag built for real life. The Selena Grace features Gomez’s personal touches: a hangtag bearing her signature and a storypatch sewn inside with her empowering message: “To be you is to be strong.” The bag is further customized with “Love yourself first” in Selena’s handwriting—a phrase inspired by one of her tattoos—embossed onto the base of the bag.

The Selena Grace comes from a legacy of American authenticity, craftsmanship and unfussy luxury for which Coach is known, imbued with a youthful new personality. It is available in three exclusive colors: Selena Black Cherry, Selena White and Selena Red. The collection also includes bag charms, wallets and the Selena Wristlet.

“It was really fun to create this collection with Selena and design pieces that are cool and feminine like her,” says Vevers. “When we designed the Selena Grace, it was about exploring the qualities Selena wanted in a bag and creating something that felt personal to her.”

“I’m very excited for everyone to finally see the design Stuart and I worked on together,” says Gomez. “I can’t wait to carry it—it’s totally versatile, perfect to wear day-to-night and it goes with everything.”

Additionally, Coach is offering customers a chance to win one of 150 signed Selena Grace bags, as well as one grand prize: A signed bag and a trip for two to meet Gomez in person at the Coach House flagship store in New York on September 13. Customers can enter for a chance to win at Coach.com or at any U.S. Coach retail store from Friday, August 4, to Tuesday, August 22, 2017.

The Coach x Selena Gomez collection will be available for pre-order online at Coach.com beginning on August 14 and available in Coach stores globally beginning September 1, 2017.

Gomez’s new song “Fetish” is out now and marks her third song on the radio along with “It Ain’t Me” and “Bad Liar.”

@Coach; #CoachxSelena

CAMPAIGN IMAGE CREDIT:  © Steven Meisel
EDITORIAL CREDIT: Coach

ABOUT COACH
Coach, Inc. is a New York-based house of modern luxury lifestyle brands. The company’s portfolio includes the Coach, kate spade new york, and Stuart Weitzman brands. Our company and our brands are founded upon a consumer-led view of luxury that stands for inclusivity and approachability. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies. Coach, Inc.’s corporate headquarters are in midtown Manhattan at 10 Hudson Yards on 30th Street. The company currently employs approximately 20,000 people globally. Coach, Inc. is a publicly traded company listed on the New York Stock Exchange, traded under the symbol COH, and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.

MEDIA CONTACT:
Antoine Phillips
Senior PR Director
212 946 3621
APhillips@coach.com

SOURCE: Coach, Inc.

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LCP: Upholsterer and furniture repair specialist opens his first standalone premises at The Pensnett Estate, Kingswinford

London, 2017-Aug-08 — /EPR Retail News/ — An upholsterer and furniture repair specialist with more than 20 years’ experience has opened his own business in the Black Country.

Gary Burns, who has worked for nationally known companies before setting up Classic Furniture Care 12 months ago, has agreed terms with leading investment and property management company LCP for his first standalone premises at The Pensnett Estate, Kingswinford.

He has taken Building 53A, Bay 6, a 426 sq ft unit at LCP’s flagship industrial estate after moving his fledgling business, which undertakes reupholstery, upholstery repairs and leather repairs, out of his mother’s garage.

“It was always my intention to have my own business premises and I wanted to make sure I had established myself as a sole trader before doing that,” said Gary, who lives nearby.

“I’ve been to The Pensnett Estate a number of times over the past 20 years for my work and was really pleased to find that it offered small units on flexible terms, which is ideal for start up businesses, so I was keen to take one on when I discovered the terms it could offer.”

Paula James, LCP industrial lettings manager, said: “The Pensnett Estate offers a huge range of premises for occupiers – from small start-up office spaces and industrial units of 450 sq ft to large buildings of 90,000 sq ft and more. We look forward to continuing our relationship with Gary as his business grows.”

Contact:

kyates@lcpproperties.co.uk

Source: LCP