Motor Fuel Group appoints Michael O’Loughlin as managing director, acquisitions & business development

Motor Fuel Group appoints Michael O’Loughlin as managing director, acquisitions & business development

Hertfordshire, England, 2017-Sep-07 — /EPR Retail News/ — Top 50 Indies forecourt operator, Motor Fuel Group (MFG) is pleased to announce the appointment of Michael O’Loughlin as its new managing director, acquisitions & business development.

In 1997 Michael joined Petrogas as a licensee of their flagship site in Dublin. As the group grew to double figures, he was appointed operations director and later retail director of the newly formed Applegreen. In 2008 he relocated to the UK to establish Applegreen’s UK business. As managing director, he grew this venture into a very profitable business with 75 sites. He left the business in December 2016 in a favourable position for future growth.

In joining MFG, Michael brings a wealth of forecourt retail experience. His keen eye for consumer trends will complement the existing MFG team. Their retail and ‘food to go’ offers are playing a growing part in MFG’s plans for the future and Michael is focused on having an active role in the continued growth of these vital areas.

Michael is excited about his move to MFG and said: “I’m delighted to be joining the team. The company’s rapid growth over a very short period of time is an indication of the dedication and drive of the whole team. I’m really looking forward to playing my part in the successful and dynamic model they operate.”

SOURCE: Motor Fuel Limited

CONTACT

Phone: +44 (0) 1727 898890
Fax: +44 (0) 1727 852318
Email: info@motorfuelgroup.com

NCR powers nearly half of financial institutions selected as Retail Mobile Banking Navigator Award winners by FI Navigator

With an average rating of 4.7 out of 5, NCR-powered mobile banking applications dominate FI Navigator list

DULUTH, Ga., 2017-Sep-07 — /EPR Retail News/ — Out of more than 7,000 U.S. banks and credit unions that offer a mobile banking solution, only 291 financial institutions (FIs) were recently selected as Retail Mobile Banking Navigator Award winners by FI Navigator. Today, NCR Corporation (NYSE: NCR) announced that its leading digital banking solutions proudly power nearly half of all recognized FIs (46 percent, or 133 FIs).

The list was recently announced by FI Navigator, a data analytics firm that evaluated multiple criteria, including mobile app features, such as basic and enhanced banking services, mobile access, payments, fraud management and easy-to-access support and information. The company also analyzed mobile adoption and customer enrollment data, as well customer satisfaction and impact ratings. NCR-powered mobile banking apps scored an average app rating of 4.7 on a 5-point scale.

“We’ve been thrilled to see the kind of best-in-class, engaging and satisfying mobile experiences that our customers are bringing to their users, and are delighted to see so many of them being recognized amongst this select group of top performers,” said Dan Weis, mobile product leader, NCR Corporation. “Digital Insight solutions’ behind-the-scenes presence on this list is a tribute to our industry leadership in delivering easy-to-use mobile banking applications that drive higher user engagement.”

Winning institutions achieved top decile performance in customer enrollment within their asset segment by institution type, realized average app ratings exceeding 4.0 (on a 5-point scale) and offered a mobile banking feature set meeting or exceeding peer standards. Only four percent of all community institutions offering a retail mobile banking application met the Retail Mobile Banking Navigator award criteria. The 291 winning institutions consisted of 169 banks and 122 credit unions distributed into four assets segments ranging from less than $100 million up to $1 billion to $10 billion.

NCR’s Digital Insight solutions also power eight of the top 10 mobile banking apps in the US, according to MagnifyMoney’s 2016 Mobile Banking App Study.

For a complete listing of the Retail Mobile Banking Navigator award recipients by institution type and asset segments, visit: http://finav.co/RMBNavigators17

For more information on the “Retail Mobile Banking Performance” reports for banks and credit unions, visit either: http://finav.co/bankmobile or http://finav.co/cumobile.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 700 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Ga., with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. NCR encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

Contacts
Aaron Gould
NCR Public Relations
212.589.8556
aaron.gould@ncr.com

SOURCE: NCR Corporation

UAE’s Mashreq Bank to revamp its banking services with innovative technologies from NCR

The bank is United Arab Emirates’ first financial institution to implement NCR Interactive Teller, Banker solutions to better engage customers

DUBAI, UAE, 2017-Sep-07 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions today announced that Mashreq Bank, one of the largest banks in the UAE, will revamp its banking services in the country with a host of innovative technologies from NCR over the next six months. Mashreq Bank will be the first in the region to deploy NCR’s tablet-based Interactive Banker, targeted to help financial institutions to transform their branches by converting branch tellers into financial advisors. Aided by this innovative solution, tellers can come out from behind their counters to help customer’s complete transactions faster.

“Ensuring uninterrupted availability of our services and delivering exceptional banking experience to customers at the time and channel of their choice remains a key strategy for us,” said Sandeep Chauhan, Head of Operations and Technology, Mashreq Bank. “The efficiency and secure transactions led by centralization of tellers coupled with the integration of NCR Interactive Services allows us to transform our customer interaction model.”

The Interactive Banker allows Mashreq Bank’s universal agent to monitor the customers’ transactions on its latest ATMs rolled-out in its modern branches. The technology helps the bank turn smart data into great customer service by using real-time customer information so the best assisted service is offered to the customer when needed. With a dashboard view, banks can allocate multiple advisors to multiple devices to achieve maximum efficiency, better serve their customers and make efficient use of staff time to focus on customer service and cross-selling.

Mashreq Bank will also deploy NCR’s software-based Interactive Teller technology that allows a live teller to take remote control of an ATM to assist customers to do all transactions typically completed by tellers inside a branch. Interactive Teller lets financial institutions offer access to teller services during non-traditional banking hours and build new small-footprint branches to provide full teller services in areas not served by branches. Mashreq’s customers can execute a host of branch banking transactions such as intelligent cash and cheque deposit, bill pay, new account opening and loan initiation using this machine.

“Consumer demand for digital access has highlighted the inefficiencies of current infrastructure and accelerated demand for a robust omni-channel customer interaction model that makes banking services available at all times and across platforms,” said Wael El Aawar, vice president, NCR Financial Services for Middle East and Africa. “Mashreq Bank understands the value of being accessible and available to customers when and where they require. Our innovative omni-channel technologies allow the bank to extend their digital brand footprint and physical reach to engage more customers, sell new services and increase revenue.”

NCR will also add its self-service financial kiosk at these modern branches allowing Mashreq customers to conveniently execute teller transactions on-their-own. Customers will now be able to perform a host of transactions without teller support such as Address Update, Instant statements of all accounts, blocking or replacing cards, registering for online banking services, Emirates ID registration, and bill payments, amongst other transactions.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 700 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Ga., with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

SOURCE: NCR Corporation

News Media Contacts
Rakesh Aulaya
NCR Public Relations
+91 22 619 45 83
rakesh.aulaya@ncr.com

 

Dunkin’ Donuts to develop six new restaurants including multi-brand locations with Baskin-Robbins in Georgia with new franchisees

Dunkin’ Donuts to develop six new restaurants including multi-brand locations with Baskin-Robbins in Georgia with new franchisees

NEW FRANCHISEES QSR GROUP, LLC AND GUZARATTI, LLC HELP EXPAND LEADING COFFEE AND BAKERY BRAND THROUGHOUT GEORGIA

CANTON, MA, 2017-Sep-07 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today a signing of store development agreements with franchisees QSR Group, LLC, and Guzaratti LLC to develop six new restaurants throughout Georgia. QSR Group will develop five Dunkin’ Donuts restaurants in Macon, Georgia, including two multi-brand locations with Baskin-Robbins, the world’s largest chain of ice cream specialty shops. Guzaratti, LLC will develop one Dunkin’ Donuts location in a gas and convenience store.

New franchisees Nishith and Navnit Patel of QSR Group, LLC are both experienced multi-unit operators of quick service restaurants. They also have extensive experience in the Macon, Georgia area. Nishit and Navnit are dedicated to further developing the brand in the region with their first restaurant scheduled to open in 2018.

“We couldn’t be more excited to develop Dunkin’ Donuts and Baskin-Robbins, two iconic brands, in Macon. The team we’ve formed has a deep understanding of what it takes to be successful in multi-unit restaurant development and we’re looking forward to our first of many openings next year,” said Navnit, Dunkin’ Donuts and Baskin-Robbins franchisee. “As we expand throughout Macon over the next several years, we hope to attract new customers, as well as longtime fans of the brands, and show them the premium products and quality service we have to offer.”

New franchisee Smita Patel of Guzaratti LLC is an Atlanta-based business owner with experience operating other restaurant concepts. Smitha will include Dunkin’ Donuts in a new “green” gas station and convenience store location in the Buckhead suburb of Atlanta. This new “green” location features three different power sources which will allow Dunkin’ Donuts to continue serving customers if the surrounding area loses power. The Buckhead location is scheduled to open by the end of 2017.

With more than 190 Dunkin’ Donuts locations in the Greater Atlanta and Macon areas, the company is continuing to recruit franchisees in the Atlanta and Augusta areas. To help fuel additional growth in the market, special development incentives are available.

“Dunkin’ Donuts’ and Baskin-Robbins’ growth would not be possible without the introduction of new franchisees to the system, which demonstrates their high confidence in our brands and world-class support team,” said Grant Benson, CFE, Senior Vice President of Franchising and Development, Dunkin’ Brands. “Our hard-working and dedicated franchisees bring the Dunkin’ Donuts and Baskin-Robbins brands, products, and promotions to life each and every day and have been essential to our growth over the years, which has solidified our position as a leader in the quick service restaurant industry.”

In an effort to keep the brand fresh and competitive, Dunkin’ Donuts offers flexible concepts for any real estate format including free-standing restaurants, end caps, in-line sites, gas and convenience, travel plazas, and universities, as well as other retail environments. Additionally, multi-brand restaurants that combine Dunkin’ Donuts with Baskin-Robbins under one roof offer even more opportunity to drive traffic during various day parts — from early morning breakfast and coffee all the way to after-dinner ice cream treats.

Dunkin’ Donuts menu offerings include high-quality, freshly-brewed Hot and Iced Coffees, Cold Brew and Rainforest Alliance Certified™ Dark Roast, along with a Rainforest Alliance Certified™ espresso lineup that includes Americano, Cappuccino, Espresso, and Hot and Iced Lattes and Macchiato. Dunkin’ Donuts also serves a full menu of Premium Hot Teas, frozen beverages, delicious donuts, bakery goods and sandwiches that pair perfectly with the brand’s beverages. Baskin-Robbins offers guests a delicious range of creative ice cream flavors, custom ice cream cakes, ice cream sundaes, frozen beverages and take-home frozen treats.

To learn more about Dunkin’ Donuts and Baskin-Robbins, visit www.DunkinDonuts.com or www.BaskinRobbins.com. Like us on Facebook (www.facebook.com/DunkinDonuts or www.facebook.com/BaskinRobbins) and follow us on Twitter (www.twitter.com/DunkinDonuts or www.twitter.com/BaskinRobbins).

SOURCE: DUNKIN’ DONUTS

CONTACT INFORMATION

Name: Courtney Whelan
Phone: 954-893-9150

Dunkin’ Donuts names Tony Weisman as U.S. Chief Marketing Officer

Dunkin’ Donuts names Tony Weisman as U.S. Chief Marketing Officer

Tony Weisman brings nearly three decades of brand marketing experience to the company

CANTON, MA, 2017-Sep-07 — /EPR Retail News/ — Dunkin’ Donuts today announced the appointment of marketing veteran Tony Weisman, 57, to the position of U.S. Chief Marketing Officer (CMO). Weisman, formerly the North American CEO of DigitasLBi, a global digital agency network, will officially join the company in late September. Weisman will report directly to David Hoffmann, President, Dunkin’ Donuts U.S., and will serve on the Dunkin’ Brands Leadership Team.

“Tony is a highly-experienced, much-admired business leader with a proven track record of building global brands. Very importantly, he also has a deep understanding of working with franchised organizations, including Dunkin’ Donuts, having led the work on our account at Digitas for the past six years,” said David Hoffmann. “With his transformative, data-driven approach to marketing, extensive digital acumen and ability to build and inspire teams, we’re confident that he is the right leader to take our brand to the next level.”

As Dunkin’ Donuts U.S. CMO, Weisman will lead marketing, product innovation, field marketing, consumer insights, and advertising as well as the brand’s digital and consumer packaged goods (CPG) initiatives. He will be responsible for developing and executing strategies that build Dunkin’ Donuts’ position as a leading coffee and beverage brand for today’s time-strapped, on-the-go consumer and will partner closely with the operations team to drive sales.

“I have been a passionate Dunkin’ Donuts consumer for my entire life, and I couldn’t pass up the incredible opportunity to join the brand,” said Tony Weisman. “It was a tremendous honor to be part of the Digitas and Publicis teams for the last decade, but at this stage in my career I wanted the chance to build a brand on the client side, especially a brand I know and love. This is an exciting and important time in the Dunkin’ Donuts journey, and I look forward to working with the entire Dunkin’ Donuts team and franchise community to make this terrific brand even stronger.”

Weisman brings nearly three decades of advertising and marketing experience to Dunkin’ Donuts. Since 2007, he helped guide the digital transformation of leading global companies through his senior management positions at DigitasLBi, where he most recently served as the Chief Executive Officer of North America and was a member of the Digitas Global Executive Board. Prior to DigitasLBi, Weisman served as Chief Marketing Officer at Draft Worldwide. He also spent 19 years at Leo Burnett in various management and other related positions leading global consumer accounts, including General Motors, Procter & Gamble, Reebok International and McDonald’s Corporation, where he was part of the team that created the iconic series of spots starring NBA greats Larry Bird and Michael Jordan, which popularized the saying, “Nothing But Net.”

“I would like to deeply thank Tony for his invaluable contribution to Publicis Groupe’s success in the U.S. over the years. We will definitely miss him but we look forward to continuing to work together in new ways as he takes on his exciting new role at Dunkin’ Donuts,” said Arthur Sadoun, Chairman and CEO of Publicis Groupe. “I am convinced that Tony’s vision and considerable experience will be a fantastic asset to Dunkin’ Donuts, and we look forward to our continued partnership.”

Weisman is the recipient of numerous awards, including the Chicago Advertising Federation’s Silver Medal for Lifetime Achievement. He is also a member of several Boards including Chicago Public Radio, the American Association of Advertising Agencies (Chicago Chapter), Off The Street Club and Chicago TechWeek. Mr. Weisman earned a B.A. in political science from Brown University.

###

About Dunkin’ Donuts
Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned a No. 1 ranking for customer loyalty in the coffee category by Brand Keys for 11 years running. The company has more than 12,300 restaurants in 46 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

SOURCE: Baskin-Robbins

MEDIA CONTACT

Michelle King
Phone: 781-737-5200

Baskin-Robbins to host its first-ever nationwide Cappuccino Blast sampling on Friday, September 22

Baskin-Robbins to host its first-ever nationwide Cappuccino Blast sampling on Friday, September 22

Throughout September and October, guests can also enjoy a small Cappuccino Blast®blended coffee and ice cream beverage for $2.99, available in classic and fall flavors

CANTON, Mass., 2017-Sep-07 — /EPR Retail News/ — In honor of National Coffee Ice Cream Day today, Baskin-Robbins, the world’s largest chain of specialty ice cream shops, is excited to announce sweet deals on its Cappuccino Blast® blended coffee and ice cream beverage. On Friday, September 22, Baskin-Robbins will host its first-ever nationwide Cappuccino Blast sampling from 3:00 p.m. – 7:00 p.m., treating guests to a free 3.5oz sample of the ultimate pick-me-up at participating locations. Throughout the months of September and October, guests can also enjoy a small Cappuccino Blast for $2.99.

Baskin-Robbins’ Cappuccino Blast is a delicious frozen coffee beverage made with 100% Arabica coffee and ice cream, blended together and topped with whipped cream and cinnamon. It can be customized with a guest’s favorite ice cream flavor, including seasonal flavors like Pumpkin Cheesecake, which is made with real NABISCO® Ginger Snap cookie pieces combined in pumpkin and cheesecake-flavored ice cream with a cinnamon cream cheese flavored ribbon.

“We’re excited to give our guests a pick-me-up by offering them a free sample of our Cappuccino Blast on September 22nd and $2.99 small Cappuccino Blasts all September and October long,” said Carol Austin, Vice President of Marketing at Baskin-Robbins. “Made with real coffee and real ice cream, the Cappuccino Blast is one of our guests’ favorite specialty drinks, and it can be customized with any of our 31 flavors, including our seasonal Pumpkin Cheesecake ice cream.”

Also launching this month is Baskin-Robbins’ September Flavor of the Month, Belgian Waffle, which is inspired by the flavors of fall. A twist on a breakfast classic, this special flavor is made with Belgian waffle pieces and praline pecans in a maple praline flavored ice cream swirled with a caramel ribbon swirl.  Waffle-lovers can get some additional waffle-packed flavor by enjoying a scoop in a Waffle Cone or Waffle Bowl Sundae with caramel praline topping.

Finally, with fall comes football season, and Baskin-Robbins is a one-stop shop for tailgating and watch parties, with a variety of festive flavors and the classic Football Cake. This fan-favorite can be customized with white or chocolate cake and a guest’s favorite team’s logo and ice cream flavor, including seasonal favorite Quarterback Crunch®, which is made with vanilla-flavored ice cream with chocolate-flavored coated rice crunchies and a caramel ribbon. These sweet treats will have you doing a touchdown dance with every bite.

For more information about Baskin-Robbins’ wide variety of premium ice cream flavors and frozen desserts, visit www.BaskinRobbins.com or follow us on Facebook (www.facebook.com/BaskinRobbins), Twitter (www.twitter.com/BaskinRobbins) or Instagram (www.instagram.com/BaskinRobbins).

NABISCO is a registered trademark of Mondelēz International group, used under license.

About Baskin-Robbins
Named a top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine’s 38th annual Franchise 500® ranking in 2017, Baskin-Robbins is the world’s largest chain of ice cream specialty shops. Baskin-Robbins creates and markets innovative, premium hard scoop ice cream, a full range of beverages, and a delicious lineup of desserts including custom ice cream cakes, the Polar Pizza® Ice Cream Treat and take-home ice cream quarts and pints, providing quality and value to consumers at more than 7,800 retail shops in 52 countries worldwide. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,300 ice cream flavors and a wide variety of delicious treats. Headquartered in Canton, Mass., Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.BaskinRobbins.com.

SOURCE: Baskin-Robbins

MEDIA CONTACT

Justin Drake
Phone: 781-737-5200

Kroger ratified new labor agreement with UFCW Local 1000

CINCINNATI, OH, 2017-Sep-07 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) Dallas division associates working at Kroger stores in Dallas/Ft. Worth and surrounding area have ratified a new labor agreement with UFCW Local 1000.

“We are pleased to reach an agreement that is good for our associates. This new contract provides good pay increases, affordable health care and financial support from the company to our associates’ pension fund to support their retirement,” said Dana Zurcher, president of Kroger’s Dallas division. “This agreement comes after thoughtful and productive work by both the company and union bargaining committees. I want to thank our associates for supporting this agreement and for the excellent service they provide to our customers every day.”

The contract covers 11,000 associates working at 105 stores in the Dallas/Ft Worth and East Texas areas.

At The Kroger Co., we are dedicated to our purpose: to Feed the Human SpiritSM. We are 443,000 associates who serve eight and a half million customers every day in 2,792 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Our Family of Companies operates an expanding ClickList offering – a personalized order online service – in addition to 2,255 pharmacies, 782 convenience stores, 311 fine jewelry stores, 220 retail health clinics, 1,453 supermarket fuel centers and 38 food production plants in the United States. Our Company has been recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. As a leader in supplier diversity, we are a proud member of the Billion Dollar Roundtable.

SOURCE The Kroger Co.

SOURCE The Kroger Co.

MEDIA CONTACT

Kristal Howard
Head of Media Relations/Corporate Communications
Office: 513-762-1304
Email: kristal.howard@kroger.com

Kroger Michigan division President Jayne Homco to retire; Scott Hays to succeed

CINCINNATI, 2017-Sep-07 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced the retirement of Michigan division President Jayne Homco, and the promotion of Scott Hays to succeed her. Mr. Hays currently serves as vice president of operations for the company’s Fry’s division.

Jayne Homco to Retire after 42 Years of Service

Jayne Homco will retire from the company after 42 years of distinguished service, effective September 30.

“In her more than 40 years with Kroger, Jayne has touched the lives of countless customers and associates, and her dedication to the community – especially her work with feeding the hungry, education and women’s health – has been an example to us all,” said Rodney McMullen, Kroger’s chairman and CEO. “We are grateful for Jayne’s many contributions over the years and wish her and her family the best in retirement.”

Ms. Homco began her Kroger career in 1975 as a store clerk in Kroger’s Central division in Indianapolis. She spent time in store management roles in the division, before relocating to the company’s Dillons division in Kansas in 1998 as a deli/bakery merchandiser. She went on to hold several leadership positions in Dillons and multiple Kroger divisions, before being promoted to vice president of merchandising for the QFC division in 2004. She was named to the same position for Kroger’s Southwest division in 2007. She was promoted to her current role in the Michigan division in 2013.

During her four years in Michigan, Ms. Homco was passionate about ending food insecurity, helping raise and contribute more than $7.5 million dollars to area food banks and rescuing more than 19.2 million pounds of healthy foods from Kroger stores. Ms. Homco also dedicated her time to Detroit’s American Cancer Society and made women’s health a top priority, as she led the division to raise more than $1.2 million under her tenure. Ms. Homco is a member of the Network of Executive Women, serves on the Board of Directors for Forgotten Harvest, Board of Advisors for Michigan Business & Professional Association – Women and Leadership in the Workplace, Board of Directors for the Michigan Chamber of Commerce, and Board of Advisors for the Michigan Food and Beverage Association.  She was named one of Progressive Grocer magazine’s Senior Level Executive Top Women in Grocery in 2008, an honoree of the Women and Leadership in the Workplace Distinguished Service Award for 2014, and one of the Most Influential Women in Michigan in 2016. Ms. Homco and her husband, Daniel, are retiring to Texas where they also have plans to travel, play golf, take culinary classes and more.

Scott Hays Promoted to President of Michigan Division

Scott Hays, currently vice president of operations for the company’s Fry’s division, succeeds Ms. Homco as president of the Michigan division, effective October 1.

“Scott has been a tremendous asset to Kroger since coming on board earlier this year,” said Rodney McMullen, Kroger’s chairman and CEO. “His dedicated leadership is best exemplified by his passion for supporting our associates and customers.”

Mr. Hays joined Kroger in April 2017 in his current role. He came to Kroger from Albertson’s Inc., where he began his grocery career in 1983 as a grocery clerk in Provo, Utah. He was promoted to a store director and then held positions of increasing responsibility throughout Albertson’s Inc.’s footprint, including district manager, area vice president and division vice president leading the company’s San Antonio division. He played an integral role in the development of the Texas and Louisiana markets for Albertson’s. He also served as the vice president of operations for Jewel Osco in the Chicagoland market and most recently was the division president for Albertson’s Dallas-Fort Worth market.

At The Kroger Co., we are dedicated to our purpose: to Feed the Human SpiritSM. We are 443,000 associates who serve eight and a half million customers every day in 2,792 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Our Family of Companies operates an expanding ClickList offering – a personalized order online service – in addition to 2,255 pharmacies, 782 convenience stores, 311 fine jewelry stores, 220 retail health clinics, 1,453 supermarket fuel centers and 38 food production plants in the United States. Our Company has been recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. As a leader in supplier diversity, we are a proud member of the Billion Dollar Roundtable.

SOURCE The Kroger Co.

MEDIA CONTACT

Kristal Howard
Head of Media Relations/Corporate Communications
Office: 513-762-1304
Email: kristal.howard@kroger.com

Costa launches exciting new food menu

Costa launches exciting new food menu

Dunstable, UK, 2017-Sep-07 — /EPR Retail News/ — As the days grow shorter and autumn approaches, Costa, the nation’s favourite coffee shop is today announcing the launch of an exciting new food menu – including a selection of hot offerings.

Landing in stores from Thursday 7 September, the new menu offers customers more choice than ever before with hearty meal boxes, delicious and filling wraps and lighter options including warming soups. The sweet range has also extended its offerings to include a sumptuous selection of cakes, tarts and muffins.

MEAL BOXES AND WRAPS – from £3.75 each

Customers looking for a substantial lunch can select from one of Costa’s new delicious hot pasta meal boxes. The Italian Style Meatball Pasta is a meat lover’s dream, while the vegetarian Creamy Mac and Cheese is topped with a delectable parsley crumb finish. Brits who prefer a more traditional lunch can delve into one of Costa’s heavenly new wraps. The Hoisin Duck Wrap and the gluten free Chicken Caesar Wrap both contain British meat.

SOUPS – £2.99 each

Soup fans will rejoice as Costa introduces two delicious flavours to its menu for the first time across the UK. The British Pea & Wiltshire Ham Soup is perfect for a tasty warmer, while the Slow Roasted Tomato & Basil Soup, a vegan option, contains two of your five a day.

SWEET TREATS – from £1.20 each

It’s not all about the savoury options though, and Costa certainly hasn’t forgotten customers with a sweet tooth. Cakesplosion! has layers of sticky toffee cake baked with hidden chocolate brownie bites, topped and layered with dulche de leche flavoured frosting and oozy caramel drizzle. It doesn’t stop there though, as it is finished with chocolate brownie crumb, salted caramel crispies and crowned with yet more chocolate brownie bites.

The Spooky Choc O Crunch, a frighteningly festive ring of crispy rice bound in caramel and topped with edible iced bats, while the new Bramley Apple & Blackberry Crumble Tart, served either cold or warm with clotted cream, is a classic dessert option.

Matthew Williams, commercial marketing director at Costa said: “We’re delighted to introduce an extended food menu to our stores from this September. We’re committed to providing our customers with the best experience when they visit our stores, and based on their feedback, we’ve been working with our innovations teams to develop products which we know they’ll enjoy. These additions give customers even more choice and are the perfect update to our ever-evolving menu of innovative food and drink options to complement our great tasting coffee.”

The Costa September menu arrives in stores throughout the UK from 7th September 2017. To view the full menu please visit www.costa.co.uk.

– ENDS –

Samples and high-resolution images are available upon request. For more information please contact the Costa press office on 020 3196 9668 or at Costateam@onegreenbean.com

Full list of September food menu products includes:

Savoury Items

  • •Slow Roasted Tomato & Basil Soup – £2.99 NEW!
  • •British Pea & Wiltshire Ham Soup – £2.99 NEW!
  • •Creamy Mac & Cheese – £3.99 NEW!
  • •Italian Style Meatball Pasta – £3.99 NEW!
  • •Hoisin Duck Wrap – £3.85 NEW!
  • •Chicken Caesar Wrap – £3.75 NEW!

Sweet Items

  • •Costa Mocha Truffle – £1.20 NEW!
  • •Raspberry & Almond Bake – £1.95
  • •Cakesplosion! – £2.95 NEW!
  • •Bramley Apple & Blackberry Crumble Tart – £2.15 NEW!
  • •Bramely Apple & Blackberry Crumble Tart warm with clotted cream – £2.50 NEW!
  • •Spooky Choc O Crunch – £1.95 NEW!
  • •Gingerbread Muffin – £1.95
  • •Blueberry Muffin – £1.95
  • •Lindt Balls exclusive to Costa – £0.45 each NEW!
  • •Kiddylicious Strawberry Fruit Wiggles – £1.00 NEW!
  • •9NINE Breakfast Almond & Raspberry Bar – £1.35 NEW!

Founded in London by Italian brothers Sergio and Bruno Costa in 1971, our quality coffee was the premium choice for boutique hotels and restaurants across the city. Today we continue to roast the original Mocha Italia recipe in Old Paradise Street, London with our 100% Rainforest Alliance certified coffee remaining at the core of our quality coffee credentials.

With over 2,000 coffee shops in the UK and more than 1,240 in 31 overseas markets, we are the fastest growing coffee shop business in the UK. We’re proud to be the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for six years running (2010, 2011, 2012, 2013, 2014 & December 2015).

Our people are the heart of our business and we employ over 30,000 people worldwide, with a target of 5,000 new jobs in the UK by 2020. Last year, we increased Barista pay by c.10%. Our Pay for progression model was introduced in October 2015, and our training rate of £7.20 was launched well ahead of National Living Wage.

As a popular, mainstream food and beverage brand, we can make a positive contribution towards customer health and wellbeing by investing in safe sourcing, new product development and consumer education. Health and wellbeing remains a strategic business focus area and we will continue to evolve our product offer over the coming years. We are working to reduce added sugar in our drinks by 25% by 2020 and will reduce salt in our sandwich range by a further 5% by 2017.

We care about the communities we operate in with our store teams volunteering over 10,000 hours of their time to lend support to over 900 local community projects.

Looking after coffee growers is extremely important to us, which is why we established The Costa Foundation, a registered charity with the aim to relieve poverty, advance education and the health and environment of coffee-growing communities around the world. So far, The Costa Foundation has funded the building of 53 schools and improved the social and economic welfare of coffee-growing communities.

SOURCE:  Costa

MEDIA CONTACT

Penny Mairoudhiou
UK & Ireland PR Manager
Please contact with any UK press enquiries relating to Costa Coffee
penny.mairoudhiou@whitbread.com
+44 (0) 7753 230893

Costa Coffee hosts 2nd annual reading week, 11th – 17th September 2017

Costa Coffee hosts 2nd annual reading week, 11th – 17th September 2017

Event will take place on 11th – 17th September

Dunstable, United Kingdom, 2017-Sep-07 — /EPR Retail News/ — Costa Coffee stores across the UK are inviting customers to join them in their 2nd annual reading week, taking place from 11th – 17th September 2017. Parents, teachers and children are welcome to come down to the store and enjoy a range of literacy-themed activities on offer that aim to teach children about the environment, while also enjoying a complimentary Babyccino or fruit juice.

Reading Week is held in partnership with the National Literacy Trust, The Police Community Clubs of Great Britain, Keep Britain Tidy and Helping Hand Environmental. Taking place in over 500 stores nationwide, the initiative is designed to spark children’s interest in reading, aiming to tackle low literacy levels across the UK, an issue that is currently said to cost the UK economy £2.5 billion every year.

The 500+ participating stores have been handpicked based on new analysis from the National Literacy Trust and Experian which identifies the areas in England with the greatest vulnerability to literacy problems. Together, they have created a Literacy Vulnerability Score for every electoral ward and parliamentary constituency in England. This combines the charity’s understanding of the socioeconomic factors most closely associated with low literacy – such as education, income and unemployment – with Experian’s data expertise. The Literacy Vulnerability Score pinpoints the areas in England with the most acute literacy problems and where the greatest level of support is required.

The Litter Heroes booklet will be available to read in store and have been specially created for Costa Reading Week, featuring a new story from Barney & Echo about litter and responsibility in our communities. Environmental activity packs will also be available for children to complete, and have been designed to help stimulate young minds to begin to think about their environment and how sustainability can impact their personal choices. Costa team members will be on hand to act as reading hosts and encourage parents and carers to spend time sharing stories with their children. Helping Hand Environmental will also be running a Design Your Own Litter Picker competition where the winning entrant will have their design manufactured for them to keep.

“Reading Week is part of a wider initiative established to enable Costa’s team members to make a difference to their local communities,” said Sandy Gourlay, Charity and Community Manager, Costa Coffee,“building on our commitment to the literacy agenda, we are thrilled to be able to work with partners to welcome young people to our stores this week to enjoy a good book.”

Head of Partnerships at the National Literacy Trust, Lisa Rootes, added, “We have recently commissioned a report which reveals that 86% of all English constituencies have at least one ward with significant literacy problemsLacking vital literacy skills holds a person back at every stage of their life, having a significant impact on their career prospects and their chances of success. This lovely initiative looks to address literacy issues from the heart of the community, which is a fantastic place to take action.”

Costa employees will also donate approximately 30,000 ‘Barney and Echo’ books, provided by the Police Community Clubs of Great Britain, directly to their local schools. Ian Jackson, UK Project Director for Police Community Clubs, described the partnership: “Working with the team at Costa is incredibly rewarding. Their commitment to their communities coupled with their boundless energy and enthusiasm has been instrumental in creating Costa Reading Week. This week-long in-store activity will have benefits for children not only in educating them about their own environment, but will by allowing them the joy of spending quality time reading with a parent, teacher or guardian. I’m certain that this fun and worthwhile project will stay with them as a positive experience throughout their young lives.”

Keep Britain Tidy, a charity partner of Costa, plays a role in increasing the long-term impact of Reading Week, by encouraging participating stores to work towards a prestigious Eco-School qualification.

Lee Wray-Davies, Eco-Schools Manager, Keep Britain Tidy, commented: “We are delighted to be supporting Costa’s Reading Week this year. If we are to prevent the littering and waste that blights our country and our planet, educating the next generation so that they do better than we have done is vital. The key messages and lessons delivered through Reading Week are very much in line with our Eco-Schools programme; using stories to show what can be done to tackle the issue of litter is a fantastic way to get the message across.”

Helping Hand Environmental will provide further valuable resources, from litter pickers to information booklets, to support schools in setting up their own litter clubs. Lindsay Richmond, Communities Partnerships Manager for Helping Hand Environmental, also commented: “Helping Hand are super proud to be involved in such a worthwhile project to engage young minds in a fun and interactive way, learning new literacy and environmental skills both in the classroom and at their local Costa store. We are delighted again to be working with Costa – a business totally committed to making our world a better place”

A participating Costa Coffee Store Manager said: “Many teachers and parents are our customers and we are excited to welcome them and their children in store next week, to encourage children to engage with our books and hopefully demonstrate how just a few minutes a day spent reading can be hugely beneficial to a child’s development.”

About Costa
Founded in London by Italian brothers Sergio and Bruno Costa in 1971, our quality coffee was the premium choice for boutique hotels and restaurants across the city. Today we continue to roast the original Mocha Italia recipe with our 100% Rainforest Alliance certified coffee remaining at the core of our quality coffee credentials.

With over 2,000 coffee shops in the UK and more than 1,240 in 30 overseas markets, we are the fastest growing coffee shop business in the UK. We’re proud to be the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for seven years running (2010, 2011, 2012, 2013, 2014, 2015 & 2016).

Our people are the heart of our business and we employ over 30,000 people worldwide, with a target of 5,000 new jobs in the UK by 2020. Last year, we increased Barista pay by c.10%. Our Pay for progression model was introduced in October 2015, and our training rate of £7.20 was launched well ahead of National Living Wage.

As a popular, mainstream food and beverage brand, we can make a positive contribution towards customer health and wellbeing by investing in safe sourcing, new product development and consumer education. Health and wellbeing remains a strategic business focus area and we will continue to evolve our product offer over the coming years. We are working to reduce added sugar in our drinks by 25% by 2020 and will reduce salt in our sandwich range by a further 5% by 2017.

We care about the communities we operate in with our store teams volunteering over 12,000 hours of their time to lend support to over 2,000 local community projects.

Looking after coffee growers is extremely important to us, which is why we established The Costa Foundation, a registered charity with the aim to relieve poverty, advance education and the health and environment of coffee-growing communities around the world. So far, The Costa Foundation has funded the building of 72 school projects and improved the social and economic welfare of coffee-growing communities.

Costa is also committed to tackling the UK’s literacy challenge and is proud to have signed the Vision for Literacy Business Pledge 2016. In continuation of this commitment, and inspired by the Costa Book Awards and the ongoing work of the Costa Foundation, Costa launched its inaugural Reading Week in September 2016 in conjunction with over 500 schools across the UK.

www.costa.co.uk

SOURCE:  Costa

MEDIA CONTACT

Penny Mairoudhiou
UK & Ireland PR Manager
Please contact with any UK press enquiries relating to Costa Coffee
penny.mairoudhiou@whitbread.com
+44 (0) 7753 230893

Diebold Nixdorf president and CEO Andy W. Mattes to present at the Barclays Global Financial Services Conference 2017

NORTH CANTON, Ohio, 2017-Sep-07 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a global leader in enabling connected commerce across the financial and retail industries, announced today that Andy W. Mattes, president and chief executive officer, will participate in the Barclays Global Financial Services Conference 2017 in New York City. Mattes will discuss the company’s “Connected Commerce” strategy as well as the company’s transformational DN2020 program.  He will also be available to meet with institutional investors.

Mattes’ remarks will begin at 2:45 p.m. ET on Monday, Sept. 11, 2017. A live audio webcast of the event can be accessed on Diebold Nixdorf’s investor relations website, http://investors.dieboldnixdorf.com/. A replay of the broadcast will also be available on this site.

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

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

SOURCE Diebold Nixdorf

Media Relations, Mike Jacobsen, APR, +1-330-490-3796, michael.jacobsen@dieboldnixdorf.com; Investor Relations, Steve Virostek, +1-330-490-6319, steve.virostek@dieboldnixdorf.com

KIWI ÅPNER NORGES GRØNNESTE BUTIKK

KIWI ÅPNER NORGES GRØNNESTE BUTIKK

OSLO, Norway, 2017-Sep-07 — /EPR Retail News/ — NorgesGruppen Eiendom har bygget landets grønneste butikk: KIWI Dalgård, som åpner i Trondheim 7. september.

Ved hjelp av solceller og grunnbrønner produserer butikken mer energi enn den bruker. Overskuddet leveres som varmtvann til radiatorene i 60 leiligheter på nabotomten. – Mange snakker om det grønne skiftet. Vi gjennomfører det, sier KIWI-sjef Jan Paul Bjørkøy.

Leverer energi til nabolaget
Taket og veggene på KIWI Dalgård er dekket av 560 kvm solceller som produserer 56 000 kWh i året. Rundt butikken er det boret åtte 270 meter dype grunnbrønner som gir bergvarme tilsvarende 600 000 kWh i året. Sammen med varmegjenvinning fra kjøle- og frysedisker gir dette mer energi enn butikken bruker.

Enova bidrar
Merkostnaden for miljøtiltakene er åtte millioner kroner. Enova har bidratt økonomisk med tre millioner kroner til utprøving av solcellene på butikken.
– Denne miljøbutikken er et nytt eksempel på at KIWI og NorgesGruppen går foran i en utvikling som vi i Enova setter utrolig stor pris på, og er helt avhengig av for å nå våre mål, sier administrerende direktør i Enova, Nils Kristian Nakstad.

Grønn transport
Også transporten av varer til KIWI Dalgård blir miljøvennlig. Fra 2018 skal lastebiler fra NorgesGruppens grossist ASKO gå på el eller hydrogen produsert med egne vindmøller og solceller. ASKO har som ambisjon å være selvforsynt med ren energi i 2020.

– KIWI er kjeden med flest butikker her i landet, så det er klart vi har et ansvar for å ligge i front. KIWI skal gjøre det enkelt for kundene våre å ta grønne valg, sier KIWI-sjefen.

Kulturminister Linda Hofstad Helleland åpner
Kulturminister Linda Hofstad Helleland klipper snora når KIWI Dalgård åpner torsdag 7. september kl. 10.

SOURCE: NorgesGruppen AS

MEDIA CONTACT
Ingrid Solberg Gundersen
Communications Manager Corporate Information
email
97514495

RUSSIA: Lenta launches bonus programme for young parents

St. Petersburg, Russia, 2017-Sep-07 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, announces the launch of the Caring Mothers Club, a project that combines an attractive bonus programme with a dedicated website for young parents.

The Caring Mothers Club is a new initiative designed to engage the young parents holding Lenta’s loyalty cards. When purchasing participating merchandise, members of the Club will earn bonus points, called “Buttons”, which will be exchangeable for items from Lenta’s wide offering of children’s goods, including books and educational toys.

Procter & Gamble will become the first partner for the Club with its Pampers brand: until 30 August 2018, club members will receive one “Button” for every 10 roubles they spend on goods offered by the brand. Going forward, the Company intends to invite more producers of children’s goods to join the project, which will make accumulation of “Buttons” even faster and more fun.

Members of the Club will have access to a dedicated website, www.babyclub.lenta.com, where they can easily and quickly check the balance of their “Buttons” and decide how to best use them. The website will also publish updates on special offers and promotions covering goods from the children’s product range, and will offer useful tips for parents. Members will be able to exchange the earned “Buttons” by selecting items from the catalogue of bonus goods, posted on the website, offering dozens of items to suit every taste, including books on parenting and child development, as well as educational toys by leading brands. The value of goods on offer ranges from 300 to 1,500 “Buttons”, with the assortment updated regularly.

Elena Moskalenko, Commercial Department Dry Food, Commercial Director comments: “We see the launch of the Club as yet another way to support young parents and to thank them for their loyalty. We aim to offer our customers the most competitive prices for a wide range of high-quality goods, and now we will also be able to reward them with attractive gifts. Lenta has launched the Caring Mothers Club as a long-term initiative and, going forward, we will keep expanding its offering of bonus goods and adding even more useful and interesting content to its website.”

About Lenta
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fourth largest retail chain (in terms of annual sales as of 1Q2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 197 hypermarkets in 79 cities across Russia and 61 supermarkets in Moscow, St. Petersburg, Novosibirsk and the Central region with a total of approximately 1,181,834 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Тel:+7 (812) 336 39 97
E-mail: pr@lenta.com

FTI Consulting
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@FTIconsulting.com

FTI Consulting
International Media:
Leonid Fink
Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

SOURCE: Lenta

Abercrombie & Fitch Co. names Scott D. Lipesky as senior vice president and chief financial officer

Former Hollister Co. CFO Returns to Lead A&F Co. Finance Function

NEW ALBANY, Ohio, 2017-Sep-07 — /EPR Retail News/ — Abercrombie & Fitch Co. (NYSE: ANF) today announced the appointment of Scott D. Lipesky as senior vice president and chief financial officer, effective October 2, 2017. Lipesky brings more than 20 years’ experience from the retail and manufacturing sectors in financial planning & analysis, corporate finance, merchandise planning, accounting, and treasury, including nine years with Abercrombie & Fitch Co., most recently as CFO of Hollister Co.

Lipesky will oversee corporate finance, FP&A, financial reporting, risk management, tax, and treasury for Abercrombie & Fitch Co., and will serve on the company’s executive leadership team. Lipesky will report to Abercrombie & Fitch Co.’s Executive Vice President and Chief Operating Officer, Joanne C. Crevoiserat, who continued to serve as CFO after her promotion to COO effective February 1, 2017. 

Commenting on the appointment, Abercrombie & Fitch Co. COO Joanne Crevoiserat said: “We are pleased to welcome Scott back to Abercrombie & Fitch. Having previously spent nine successful years with us, Scott has strong relationships here and an intimate knowledge of our business and culture that will serve him and the company well, as we continue to execute aggressively against our strategic plan.”

“I’m excited to return to Abercrombie & Fitch Co. at this important point in its revitalization journey. I look forward to working with Fran, Joanne and the rest of the leadership team, as the company continues on its path to delivering enhanced performance and long-term shareholder value,” said Lipesky.

Lipesky joins the company from American Signature Inc., a privately-held home furnishings company, where he was CFO. He began his career at PricewaterhouseCoopers, where he qualified as a CPA. His experience includes roles as corporate finance director with FTI Consulting, a global financial services advisory firm, director of corporate business development with The Goodyear Tire & Rubber Company, and nine years with Abercrombie & Fitch Co., in a variety of finance roles, including CFO of the company’s Hollister brand. 
—–

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this Press Release or made by management or spokespeople of A&F involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements.

The following factors, in addition to those disclosed in “ITEM 1A. RISK FACTORS” of A&F’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 and in A&F’s subsequently filed quarterly reports on Form 10-Q, in some cases have affected, and in the future could affect, the company’s financial performance and could cause actual results for Fiscal 2017 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this Press Release or otherwise made by management: changes in global economic and financial conditions, and the resulting impact on consumer confidence and consumer spending, as well as other changes in consumer discretionary spending habits, could have a material adverse effect on our business, results of operations and liquidity; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately could adversely impact our sales levels and profitability; our market share may be negatively impacted by increasing competition and pricing pressures from companies with brands or merchandise competitive with ours; direct-to-consumer sales channels are a significant component of our growth strategy, and the failure to successfully develop our position in these channels could have an adverse impact on our results of operations; our ability to conduct business in international markets may be adversely affected by legal, regulatory, political and economic risks; our inability to successfully implement our strategic plans could have a negative impact on our growth and profitability; our failure to protect our reputation could have a material adverse effect on our brands; our business could suffer if our information technology systems are disrupted or cease to operate effectively; we may be exposed to risks and costs associated with cyber-attacks, credit card fraud and identity theft that would cause us to incur unexpected expenses and reputation loss; fluctuations in foreign currency exchange rates could adversely impact our financial condition and results of operations; changes in the cost, availability and quality of raw materials, labor, transportation and trade relations could cause manufacturing delays and increase our costs; we depend upon independent third parties for the manufacture and delivery of all our merchandise, and a disruption of the manufacture or delivery of our merchandise could result in lost sales and could increase our costs; our ability to attract customers to our stores depends, in part, on the success of the shopping malls or area attractions that our stores are located in or around; we rely on the experience and skills of our senior executive officers, the loss of whom could have a material adverse effect on our business; our reliance on DCs makes us susceptible to disruptions or adverse conditions affecting our supply chain; our litigation exposure could have a material adverse effect on our financial condition and results of operations; our inability or failure to adequately protect our trademarks could have a negative impact on our brand image and limit our ability to penetrate new markets; fluctuations in our tax obligations and effective tax rate may result in volatility in our operating results; extreme weather conditions and the seasonal nature of our business may cause net sales to fluctuate and negatively impact our results of operations; our facilities, systems and stores, as well as the facilities and systems of our vendors and manufacturers, are vulnerable to natural disasters, pandemic disease and other unexpected events, any of which could result in an interruption to our business and adversely affect our operating results; the impact of war or acts of terrorism could have a material adverse effect on our operating results and financial condition; changes in the regulatory or compliance landscape could adversely affect our business and results of operations; our Asset-Based Revolving Credit Agreement and our Term Loan Agreement include restrictive covenants that limit our flexibility in operating our business; and, compliance with changing regulations and standards for accounting, corporate governance and public disclosure could adversely affect our business, results of operations and reported financial results.

Abercrombie & Fitch Co.
Abercrombie & Fitch Co. (NYSE: ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands.  The iconic Abercrombie & Fitch brand embodies American casual luxury.  With an updated attitude that reflects the confidence of today’s 20+ consumer, Abercrombie & Fitch remains true to its 125-year heritage of creating expertly crafted products with an effortless, American style.   The Hollister brand epitomizes the liberating and carefree spirit of the endless California summer for the teen market.  abercrombie kids creates smart, playful apparel for children ages 3-14, celebrating the wide-eyed wonder of childhood. The brands share a commitment to offering products of enduring quality and exceptional comfort that allow consumers around the world to express their own individuality and style.

The Company operates approximately 900 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites www.abercrombie.com and www.hollisterco.com.

SOURCE: Abercrombie & Fitch Co.

Media Contact:
Ian Bailey
Abercrombie & Fitch Co.
(614) 283-6192
Public_Relations@abercrombie.com

Investor Contact:
Brian Logan
Abercrombie & Fitch Co.
(614) 283-6877
Investor_Relations@abercrombie.com

Stockmann announces shareholders’ Nomination Board members

STOCKMANN plc, Other information disclosed according to the rules of the Exchange 7.9.2017 at 9:00 EET

Helsinki, Finland, 2017-Sep-07 — /EPR Retail News/ — According to the decision of Stockmann’s Annual General Meeting, the Nomination Board consists of representatives of the four shareholders holding largest voting power, as registered in Stockmann’s shareholder register as of 1 September 2017 along with the Chairman of the Board of Directors as an expert member.

The Nomination Board prepares proposals for the Annual General Meeting in 2018 on the composition and remuneration of the Board of Directors.

Stockmann’s four largest shareholders by votes on 1 September 2017 were:

% of votes
1. Society of Swedish Literature in Finland 15.74
2. Föreningen Konstsamfundet Grouping 15.14
Föreningen Konstsamfundet r.f. 13.23
KSF Media Holding Ab 1.91
3. HTT STC Holding Oy Ab 10.70
4. Niemistö Kari 9.43

The shareholders have nominated following members to the Nomination Board:

Magnus Bargum, Treasurer, Society of Swedish Literature in Finland
Kaj-Gustaf Bergh, Managing Director, Föreningen Konstsamfundet r.f.
Ole Johansson, Chairman of the Board, Hartwall Capital Oy Ab, representing HTT STC Holding Oy Ab
Leena Niemistö, Professional Board Member, representing Kari Niemistö

In addition, Chairman of the Board Jukka Hienonen will join the Nomination Board as a member.

Further information:
Jukka Naulapää, Director, legal affairs, tel. +358 9 121 3850

www.stockmanngroup.com

SOURCE: STOCKMANN plc

 

Build-A-Bear Workshop celebrates National Teddy Bear Day

Build-A-Bear Workshop is inviting teddy bear fans of all ages to celebrate National Teddy Bear Day in stores on Sept. 8 and 9. During the two-day celebration, guests can make their own limited-edition National Teddy Bear Day Bear for $5.50 plus tax. (PRNewsfoto/Build-A-Bear Workshop, Inc.)

Survey Commissioned by Build-A-Bear Workshop Reveals Adults Hold on to Stuffed Animals for Decades

ST. LOUIS, 2017-Sep-07 — /EPR Retail News/ — In anticipation of National Teddy Bear Day on September 9, Build-A-Bear Workshop, Inc. (NYSE: BBW), an interactive destination for creating customized furry friends, today announced results from a survey that revealed more than half of American adults still have their favorite stuffed animal from childhood. The survey of 2,000 adults, completed by Atomik Research and commissioned by Build-A-Bear, uncovered a number of surprising furry-friend findings, including:

  • The Majority Hugs. Across generations, more than half of all respondents surveyed mentioned they still own a stuffed animal. 40% of respondents sleep with their stuffed animal by their side.
  • Keepsake Teddy. 56% of respondents have owned (and held onto) their favorite stuffed animal for more than two decades. Additionally, more than 70% said they plan to keep their stuffed animal forever (72%).
  • Memories of Comfort. 30% of respondents said a feeling of comfort was the first memory that came to mind when thinking about a childhood stuffed animal, followed by the memory of the person who gave it to them (22%), and the stuffed animal’s appearance (19%).
  • Home is Where the Bear Is. Adults living in the southern United States are most likely to have a stuffed animal (75%), followed by residents of the Midwest (72%) and Northeast (70%).

Build-A-Bear shared the survey results with clinical psychologist and New York Times bestselling author Dr. Shefali Tsabary to learn more about the bond many adults have with items like teddy bears.

“As children develop independence from their parents, they still yearn for a secure bond with something. In many cases, children turned to stuffed animals, including teddy bears, to help them through this transition,” said Dr. Shefali Tsabary. “As we enter adulthood and leave home for the first time, it’s no surprise that the same object re-enters our life, providing comfort while also helping us work through feelings of uncertainty as we transition into a new life stage.”

Build-A-Bear Workshop welcomes Guests of all ages to the company’s interactive stores each day, including a surprising number of adults.

“At Build-A-Bear, we believe wholeheartedly that you’re never too old for a teddy bear, and we love that more than 25 percent of Build-A-Bear shoppers are 12 and older,” said Sharon Price John, president and CEO, Build-A-Bear Workshop. “It’s also fun to see older Guests incorporating teddy bears and other furry friends into the celebration of everyday and extraordinary moments in life – from birthdays and engagements to prom-posals. This National Teddy Bear Day, we hope the results of this survey and our exciting in-store and online offers empower people of all ages to go get that favorite teddy bear from childhood that’s been hiding in the closet, or make a new furry friend to cherish for years to come.”

On Friday, September 8, and Saturday, September 9, Guests of Build-A-Bear Workshop stores can make their own limited-edition National Teddy Bear Day Bear for just $5.50 (USD) / $5.50  (CAD) / £5.50 (GBP), plus applicable taxes, while supplies last. (Purchase limit of five limited-edition bears per Guest.) Build-A-Bear Workshop will also offer Traditional Cocoa Bear online for $10.50 (USD) / £10.50 (GBP) at buildabear.com and buildabear.co.uk.

In honor of National Teddy Bear Day and the brand’s 20th birthday, which will be officially celebrated in October, Build-A-Bear Foundation is donating 20,000 furry friends to Boys & Girls Clubs of America. The Foundation will also donate 1,000 furry friends to Boys & Girls Clubs of Canada, as well as 6,000 furry friends to Childhood First and other children’s charities in the United Kingdom. Throughout the National Teddy Bear Day celebration on Sept. 8 and 9, Guests of U.S. Build-A-Bear Workshop stores can also donate to Boys & Girls Clubs of America at checkout.

Throughout the week leading up to National Teddy Bear Day, fans can:

  • Visit buildabear.com/national-teddy-bear-day/ to learn more about the in-store event and find a nearby Build-A-Bear Workshop location.
  • Join the fun virtually! Build-A-Bear will bring the celebration to Facebook by streaming live on National Teddy Bear Day.
  • Follow the brand on FacebookTwitter and Instagram, and share a favorite teddy bear or Build-A-Bear Workshopmemory with hashtag #NationalTeddyBearDay and @BuildABear.

About Build-A-Bear
Celebrating 20 years of business in 2017, Build-A-Bear is a global brand kids love and parents trust that seeks to add a little more heart to life. Build-A-Bear Workshop has approximately 400 stores worldwide where Guests can create customizable furry friends, including company-owned stores in the United States, Canada, Denmark, Ireland, Puerto Rico, the United Kingdom and China, and franchise stores in Africa, Asia, Australia, Europe, Mexico and the Middle East. The company was named to the Fortune 100 Best Companies to Work For® list for the ninth year in a row in 2017. Build-A-Bear Workshop, Inc. (NYSE:BBW) posted a total revenue of $364.2 million in fiscal 2016. For more information, visit buildabear.com.

About Build-A-Bear National Teddy Bear Day Survey
The Build-A-Bear survey was conducted by Atomik Research on a sample of 2,004 consumers in the United States who have/had a stuffed animal and in accordance with MRA guidelines and regulations. The online survey was fielded between August 1 and 3, 2017. (Of the 2,004 survey participants, 500 respondents were parents with children, aged 5-10 years old). Atomik Research is an independent creative market research agency that employs MRA-certified researchers and abides to MRA code.

SOURCE Build-A-Bear Workshop, Inc.

Marissa Eifert, 314-982-1739, Marissa.Eifert@fleishman.com

Deutsche Börse lists Delivery Hero shares in the SDAX market index

BERLIN, Germany, 2017-Sep-07 — /EPR Retail News/ — Deutsche Börse decided to include the shares of Delivery Hero AG in the SDAX market index, effective as of 18th September. In addition to the high transparency requirements of the Prime Standard, Delivery Hero AG fulfilled the relevant criteria regarding free-float market capitalisation and trading volume to be successfully admitted within its third month since public listing.

Delivery Hero shares made their trading debut on the Frankfurt Stock Exchange on June 30th 2017.

Niklas Östberg, CEO of Delivery Hero, commented:  “We are pleased with the decision as this marks yet another important milestone for our company after our recent capital markets debut in June 2017.”

 

About Delivery Hero
Delivery Hero is the leading global online food ordering and delivery marketplace with number one market positions in terms of restaurants, active users and orders in more countries than any of its competitors and online and mobile platforms across 40+ countries in Europe, the Middle East & North Africa (MENA), Latin America and the Asia-Pacific region. Delivery Hero also operates its own delivery service primarily in 60+ high-density urban areas around the world. The Company is headquartered in Berlin and has over 6,000 employees in addition to thousands of employed delivery drivers.

For more information, please visit www.deliveryhero.com.

SOURCE: Delivery Hero AG

Media Enquiries

Bodo v. Braunmühl,
Head of Corporate Communications,
bodo.braunmuehl@deliveryhero.com

SOUQ.com to purchase Wing.ae marketplace for merchants and couriers in the UAE

DUBAI, UAE, 2017-Sep-07 — /EPR Retail News/ — SOUQ.com today announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the UAE, providing innovative mobile and web-based user-friendly delivery solutions for businesses and individual consumers. SOUQ.com previously invested in Wing.ae and will be acquiring 100% of the company.

Wing.ae now has the full backing of SOUQ.com, a subsidiary of Amazon.com, and this investment demonstrates the continued commitment of all three companies to provide SOUQ.com customers with a world class experience. Wing.ae will continue to invest in growing its same and next day delivery service in the region, enabling greater convenience for Wing.ae’s customers, including SOUQ.com.

Ronaldo Mouchawar, SOUQ.com CEO & Co-Founder, comments: “At SOUQ.com, our customers will remain our key focus and we will continue to deliver an exceptional online shopping experience. Fast dependable delivery is key to this, and Wing.ae provides SOUQ.com customers with more convenience for their same and next day delivery. With Amazon’s support, we are putting all our efforts in providing an ever-improving shopping experience for customers in the Middle East.”

“The UAE is a leading e-commerce and smart hub in the region, and in this demanding business we work to fill the logistics supply gaps to offer customers the excellent service they want as fast as possible,” says Muzaffar Karabev, CEO and Co-Founder of WING.ae. “With the support of SOUQ.com, Wing will accelerate investments into our technology, infrastructure and regional coverage to provide innovative delivery solutions and to make online shopping for SOUQ.com customers and merchants even more convenient.”

About SOUQ.com
SOUQ.com is a leading online retail and marketplace website in the UAE, featuring more than 8.4 million products across 31 categories such as consumer electronics, fashion, health and beauty, household goods, and baby. Today, SOUQ.com attracts over 45 million visits per month, with localized operations in the KSA, UAE and Egypt. SOUQ.com offers a convenient and safe online shopping experience with secure online payments, option to pay cash on delivery and free returns. For more information, visit www.SOUQ.com.

SOUQ.com is a subsidiary of Amazon.

About Wing.ae
Wing.ae is an on-demand delivery and courier e-marketplace providing a web and mobile-app based marketplace service which connects customers with a network of contracted delivery companies in the UAE. It offers comparative pricing across major carriers in the UAE, helping courier companies, SMEs and customers choose the best, fastest and cost effective delivery gateway along with real-time order tracking. WING.ae provides robust delivery solutions, including same day delivery to courier and delivery companies to ship products to their customers, and keep an easy track of orders, deliveries and payments. www.WING.ae

SOURCE: SOUQ.COM

Majid Al Futtaim celebrates topping out milestone for the new Aloft City Centre Deira, Dubai

Majid Al Futtaim celebrates topping out milestone for the new Aloft City Centre Deira, Dubai

Dubai, UAE, 2017-Sep-07 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today celebrated the topping out milestone for the new Aloft City Centre Deira, Dubai. Announced in collaboration with Marriott International (NASDAQ: MAR); the hotel development broke ground in June 2016 with the installation of the initial guide beam and has now completed the installation of the final concrete pour for the project.

Located in the historic heart of Dubai, the Aloft City Centre Deira, Dubai, offers tourists and the local community access to an all-star line-up of hotels surrounding the iconic City Centre Deira. The hotel development marks the 13th addition to the Majid Al Futtaim – Hotels portfolio and sixth hotel development in Deira and; introducing a distinctive destination experience to the vibrant heart of the city, powered on an integrated mix of world class hospitality, leading retail, leisure and entertainment offerings.

Set to open in Q1 2018, the hotel spans an area of 28,800 square meters and aims to redefine the upscale hospitality offering in the GCC. Designed to meet the needs of diverse audiences, with a special emphasis on millennials, the cinema-themed hotel is intended to extend a novel experience through the integration of intelligent technologies, vibrant interiors and ambience, and memorable dining, leisure and entertainment options.

Aloft City Centre Deira, Dubai, features 304 spacious guest rooms, including 29 suites and offers direct connectivity to the shopping mall via a direct link on Level 2. Guestrooms on Level 5 of the hotel, comprising of four suite rooms, 25 standard rooms and associated public circulation areas, will immerse guests in a ‘world cinema’ and experiential journey.

“The Aloft City Centre Deira, Dubai, is a significant milestone in Majid Al Futtaim’s ambitions and investments to bring our integrated destination offering to life. We look forward to opening the doors of an all new urban lifestyle experience and technology driven vision to both engage and enthral our guests, with our partners Marriott International. It has been an exciting 15 months since we broke ground and it is thanks to the dedication and passion of our teams that we continue to achieve new milestones and establish new benchmarks for the hospitality sector in the region,” said Jalil Mekouar, CEO of Majid Al Futtaim – Hotels.

Laing O’Rourke Middle East (Holdings) Ltd., a leading international construction company was awarded the project contract and has successfully handled all site constraints and challenges around logistics and traffic management without any disruptions to the operations of the pioneering mall. The project was developed using pre-fabrication techniques with approximately 40% MEP units installed on-site. In addition to using off-site prefabrication techniques and systemized modulation, development teams have successfully completed 100% installation of over 300 plus bathroom pods. With topping out now complete, wall cladding work is well underway and will soon be followed by fitting out and finishing work to ensure expedite construction for launch in Q1 2018. Hotel project design and construction continues to meet LEED Gold requirements in line with Majid Al Futtaim’s sustainability standards.

The hotel will be home to an exclusive range of food and beverage options including the brand’s signature W XYZ Bar, a social public space where guests can mix and mingle over great music; a specialty dining restaurant Re:Fuel by Aloft and Re:Mix Lounge for light bites. In addition, it offers complimentary Bliss® amenities and pool, suites with sweeping views of the golf course and historic Dubai Creek. Designed for the savvy next-generation traveller, Aloft City Centre Deira, Dubai will feature state-of-the-art SPG Keyless technology – the industry-first keyless entry system that enables guests to use their smartphone or Apple watch as a room key.

Alex Kyriakidis, President and Managing Director, Middle East and Africa, Marriott International added, “Aloft City Centre Deira continues to make great progress and we are excited about introducing the Aloft brand in the heart of Deira early next year. While we continue to work closely with the Majid Al Futtaim team on the project, we are also focusing on bringing on the right talent to ensure the service levels and overall guest experience are in line with Aloft standards.”

The Aloft City Centre Deira, Dubai marks the fourth hotel partnership between Majid Al Futtaim and Marriott International, which already includes Sheraton Dubai Mall of the Emirates, Le Meridien City Centre Bahrain, and Westin City Centre Bahrain.

SOURCE: MAJID AL FUTTAIM

Majid Al Futtaim Headquarters
Tower 1, 10th Floor,
City Centre Deira Complex
PO Box 91100
Dubai, United Arab Emirates
Phone: +9714 2949999

 

ARA Executive Director Russell Zimmerman: July retail trade figures continued to show stable growth

Melbourne VIC , Australia, 2017-Sep-07 — /EPR Retail News/ — The Australian Retailers Association (ARA) said the July trade figures released today by the Australian Bureau of Statistics (ABS) proved generally positive, with year-on-year growth remaining steady, and month-to-month growth contracting.

ARA Executive Director Russell Zimmerman said the July retail trade figures continued to show stable growth, and were a positive sign leading into the warmer months.

“Year-on-year growth remains strong for the retail industry with household goods, especially hardware, driving the figures,” Mr Zimmerman said.

The Household Goods category again saw a strong year-on-year increase with an overall 4.62% growth, while Department Stores recorded year-on-year growth for the first time this year with a 1.28% rise.

“It is encouraging to see the Hardware sector continuing to show robust growth year-on-year, with a 5.02% increase” Mr Zimmerman said.

“With the end of deep discounting events after the closure of Masters, the continued growth in the hardware sector as sales begin to normalise is a good sign for the retail industry as a whole.”

Mr Zimmerman said the return to growth in Department Stores was largely attributed to the early offering of spring fashions at the tail end of winter.

“New season fashions have brought customers back into the Department Stores, and the increase in sales bodes well as we move into summer.”

Clothing, Footwear and Personal Accessories continue to face tough conditions, with a modest 1.28% year-on-year increase.

Food retailing continued to remain strong, recording a 3.88% increase year-on-year, largely driven by continued strength in the supermarket sector with a 3.90% increase and a 1.51% increase in specialised food.

All states recorded growth year-on year, a positive sign for the months ahead. Victoria (5.63%) and New South Wales (4.18%) lead the pack with strong year-on-year growth. The Australian Capital Territory (3.95%), Tasmania (3.53%), and South Australia (2.99%) recorded a moderate increase year-on-year.  The Northern Territory (2.96%), Queensland (2.44%) and Western Australia (1.37%) showed gradual increases.

“It is great to see Victoria showing a significant increase in sales year-on-year, and Western Australia beginning to turn around with a change in government bringing some positivity to the west,” Mr Zimmerman said.

MONTHLY RETAIL GROWTH (June 2017– July 2017 seasonally adjusted)

Department stores (2.35%), Other retailing (1.33%), Food retailing (0.11%), Clothing, footwear and personal accessory retailing (-0.56%), Cafes, restaurants and takeaway food services (-1.10%) and Household goods retailing (-1.26%).

Victoria (1.14%), Western Australia (0.51%), Queensland (-0.23%), New South Wales (-0.47%), Northern Territory (-0.56%), Australian Capital Territory (-1.37%), Tasmania (-1.59%) and South Australia (-1.70%).

Total sales (-0.03%).

YEAR-ON-YEAR RETAIL GROWTH (July 2016 – July 2017 seasonally adjusted)

Household goods retailing (4.62%), Cafes, restaurants and takeaway food services (4.48%), Other retailing (4.24%), Food retailing (3.88%), Department stores (1.28%) and Clothing, footwear and personal accessory retailing (1.15%).

Victoria (5.63%), New South Wales (4.18%), Australian Capital Territory (3.95%), Tasmania (3.53%), South Australia (2.99%), Northern Territory (2.96%), Queensland (2.44%) and Western Australia (1.37%).

Total sales (3.77%).

-ends-

To arrange an interview with Mr Zimmerman, call the ARA Media line on 0439 612 556, or email media@retail.org.au.

About the Australian Retailers Association:
Founded in 1903, the Australian Retailers Association (ARA) is the retail industry’s peak representative body representing Australia’s $310 billion sector, which employs more than 1.2 million people. The ARA works to ensure retail success by informing, protecting, advocating, educating and saving money for its 7,000 independent and national retail members throughout Australia. For more information, visit www.retail.org.au or call 1300 368 041.

SOURCE: Australian Retailers Association

LightInTheBox announces Gati as its first key local business partner in India

BEIJING, China, 2017-Sep-07 — /EPR Retail News/ — LightInTheBox Holding Co., Ltd. (NYSE: LITB) (“LightInTheBox” or the “Company”), a global online retail company that delivers differentiated products directly to customers around the globe, today announced that it has formed a strategic business partnership with Gati, India’s pioneer in express distribution and supply chain solutions, aimed at providing localized logistics and supply chain solutions for LightInTheBox customers in India in order to further capture India’s rapidly growing e-commerce market with attractive consumer products from China. Gati will become LightInTheBox’s first key local business partner in India.

LightInTheBox will leverage its extensive supply chain network in China to provide high quality products at attractive prices to over 100 million Indian online shoppers using Gati’s pan Indian expertise in logistics and warehousing to simplify the cross-border e-commerce shopping experience for Indian customers. Gati’s customized cross-border logistics solutions between China and India will significantly improve the speed, reliability, and cost of delivery of LightInTheBox parcels to India. Both companies will jointly explore online payment solutions, big data analytics, and general business development initiatives as well as local warehousing and fulfillment solutions in India to further reduce delivery times and improve customer satisfaction. In addition, LanTing ZhiTong, LightInTheBox’s global cross-border open logistics platform, will be integrated within Gati’slogistics and warehousing network providing online Chinese merchants with quick and easy access to the Indian market.

“We are very excited to begin working with Gati, whose strong local resources and knowledge will greatly help expand our presence in the market,” commented Mr. Alan Guo, Chairman and CEO of LightInTheBox. “I believe this strategic partnership demonstrates our localized strategy approach to the Indian market and our commitment to improve the customer experience.”

Mr. Dhruv Agarwal, Chief Strategy Officer of Gati Limited, added, “This is a key partnership for Gati and through our strong network and infrastructure we will help bring a large range of global products to customers across India.”

About LightInTheBox Holding Co., Ltd.
LightInTheBox is a global online retail company that delivers products directly to consumers around the world. The Company offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.comwww.miniinthebox.com  and other websites and mobile applications, which are available in 23 major languages and cover more than 90% of global Internet users.

About Gati Limited
Gati Limited (www.gati.com) is a pioneer and leader in Express Distribution and Supply Chain Solutions in India and delivers over 6 million packages a month. Gati started in 1989 as a cargo management company and expanded to serving complex business solutions in Air & Surface Distribution, e-Commerce logistics, Warehousing, eFulfilment, Freight Forwarding and Cold Chain. Gati has now grown into an organization with more than 5,000 business partners and a network reach of 672 out of total 676 districts in India. Gati has a 5000 plus strong fleet including refrigerated vehicles and world class warehousing facilities across India. Gati has a strong market presence in the Asia Pacific region and South Asian countries. Gati has offices in India, Singapore, Hong Kong, China, Nepal and Thailand.

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets” and similar statements. Among other things, statements that are not historical facts, including statements about LightInTheBox’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as LightInTheBox’s strategic and operational plans, are or contain forward-looking statements. LightInTheBox may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission(the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LightInTheBox’s goals and strategies; LightInTheBox’sfuture business development, results of operations and financial condition; the expected growth of the global online retail market; LightInTheBox’sability to attract customers and further enhance customer experience and product offerings; LightInTheBox’s ability to strengthen its supply chain efficiency and optimize its logistics network; LightInTheBox’s expectations regarding demand for and market acceptance of its products; competition; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in LightInTheBox’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and LightInTheBox does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Email: ir@lightinthebox.com

OR

Christensen
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

SOURCE LightInTheBox Holding Co., Ltd.