Dunkin’ Donuts unveils its 2017 holiday lineup

Dunkin’ Donuts unveils its 2017 holiday lineup

 

  • Arriving by November 20: New Frosted Sugar Cookie Donut, Gingerbread Cookie Donut and Snowflake Sprinkle Donut
  • Peppermint Mocha and Brown Sugar Cinnamon flavored coffees will return for holidays, along with a special new festive holiday “Joy” cup design

CANTON, MA, 2017-Nov-11 — /EPR Retail News/ — As thoughts turn to the holiday season, Dunkin’ Donuts today (November 8, 2017) offered a peek at its presents for donut and coffee lovers, unwrapping its 2017 holiday lineup that will arrive at its restaurants by November 20. To ring in the holidays, Dunkin’ Donuts will introduce two fun new donuts featuring the tastes of traditional seasonal cookies, the Frosted Sugar Cookie Donut and Gingerbread Cookie Donut, along with the Snowflake Sprinkle Donut and MUNCHKINS® donut hole treats. Dunkin’ Donuts also welcomes the return of two joyful coffee choices, Peppermint Mochaand Brown Sugar Cinnamon flavored coffee beverages.

Evoking warm memories of beloved baking favorites, Dunkin’ Donuts’ new Frosted Sugar Cookie Donut features a frosted donut with cookie dough flavored filling, topped with crumbled frosted sugar cookies. The new Gingerbread Cookie Donut is a caramel frosted donut sprinkled with gingerbread cookie topping. Dunkin’ Donuts is also serving the Snowflake Sprinkle Donut, a frosted donut with red icing and special snowflake sprinkles, and Snowflake Sprinkle MUNCHKINS, featuring the brand’s chocolate glazed MUNCHKINS donut hole treats rolled in snowflake sprinkles. All will be available by November 20 through the end of the holiday season at participating Dunkin’ Donuts restaurants.

For classic coffee flavors to keep people energized throughout the bustle of the busy holiday season, Dunkin’ Donuts will bring back Peppermint Mocha, combining cool peppermint flavor with rich chocolate, and Brown Sugar Cinnamon, bringing together the sweet taste of sugar and the flavor of cinnamon. Both flavors will be available in Dunkin’ Donuts’ hot or iced coffees, lattes, macchiatos and Frozen Dunkin’ Coffee by November 20 as well.

Along with the seasonal coffee flavors and new donuts, Dunkin’ Donuts will bring guests another tradition: special cups and packaging with a festive design and the simple word, “Joy.” For many years, Dunkin’ Donuts has served coffee in cups featuring the word “Joy” to convey the happiness and spirit of the season. This year’s design incorporates seasonal graphic icons like snowflakes, peppermints, holly leaves and holiday trees to stir up the warm, nostalgic feelings associated with this special time of year.

In addition to the holiday coffees, donuts and packaging revealed today, the brand will announce special holiday promotions later this month. These will include Dunkin’ Donuts merchandise, gift ideas and value offers available throughout the holiday season.

This week, Dunkin’ Donuts is all about thanking those who serve, as on Veterans Day, November 11, anyone who shows a military ID at participating Dunkin’ Donuts restaurants nationwide will be offered a free donut of their choice with no purchase necessary, while supplies last, limit one per customer. Dunkin’ Donuts is also making a $10,000 donation to Homes For Our Troops and will provide a year’s worth of Dunkin’ Donuts K-Cup® pods along with a new Keurig® Brewing System to up to 100 Veterans who have been or will be provided new specially adapted custom homes by Homes For Our Troops. Homes For Our Troops is a privately funded nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 Veterans.

Guests can show their appreciation with a unique military-inspired virtual Dunkin’ Donuts gift card that can be purchased and sent exclusively through the Dunkin’ Mobile App®. The gift card design was created just for the important holiday, by Dunkin’ Brands employee and veteran Paul Charboneau, who served as a forward observer in the Vermont Army National Guard, and will be available on November 9.

To learn more about Dunkin’ Donuts, visit www.DunkinDonuts.com, or subscribe to the Dunkin’ Donuts blog to receive notifications at https://news.dunkindonuts.com/blog.

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 12,400 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.

MEDIA CONTACT:

Lindsay Cronin
Phone: 781-737-5200
Email: lindsay.cronin@dunkinbrands.com

Source: Dunkin’ Donuts

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LVMH announces appointments to its Executive Committee

Paris, 2017-Nov-11 — /EPR Retail News/ — The Group announces the following appointments to its Executive Committee:

Sidney Toledano becomes Chairman and CEO of the Fashion Group after 20 years at the helm of Christian Dior Couture. The CEOs of Céline, Givenchy, Loewe, Pucci, Kenzo, Marc Jacobs, Rossimoda and Nicholas Kirkwood will report into him. Sidney Toledano becomes a member of the LVMH Executive Committee.
Pietro Beccari has been appointed Chairman and CEO of Christian Dior Couture after heading up Fendi since 2012. He also becomes a member of the LVMH Executive Committee.

Pierre-Yves Roussel steps down as head of the Fashion Group after ten years and becomes Special Advisor to Bernard Arnault. He will shortly assume new operational responsibilities within the LVMH Executive Committee, of which he has been a member for 14 years.

Bernard Arnault commented: “Sidney Toledano is the driving force behind the huge success of Christian Dior Couture across the world. Over the past 25 years, he has done an outstanding job of developing the exceptional House of Christian Dior Couture and of promoting its elegance and modernity through its highly talented team of designers. I want to offer my profound gratitude and am delighted that we will continue to work together and benefit from his expertise.”

“The appointment of Pietro Beccari as head of Christian Dior Couture signals a new era,” added Bernard Arnault. “Having been an integral member of our Group for 12 years, Pietro has an excellent track record. After several years as Marketing Director of Louis Vuitton, he oversaw strong growth at Fendi by expertly harnessing the creativity of Karl Lagerfeld and Silvia Venturini Fendi and closely aligning it to the Roman influence of the House. He will be an excellent leader who will steer Dior towards ever greater success in the future.”

Bernard Arnault added: “I am sincerely grateful to Pierre-Yves Roussel for his excellent work. Thanks to his leadership, the Fashion Group’s various brands have achieved remarkable success over the last 10 years. In particular, he has played an instrumental role in the selection of the best creative talents and in implementing innovative strategies and high-performing teams within the different Houses.”

These appointments will take effect from the beginning of 2018.

The new CEO of Fendi will be announced in the near future.

Media Contacts:
Jean-Charles Tréhan
LVMH
+33 1 44 13 21 22

France: Michel Calzaroni / Olivier Labesse /
Hugues Schmitt / Thomas Roborel de Climens
DGM Conseil
+33 1 40 70 11 89

UK: Hugh Morrison / Charlotte McMullen
Montfort Communications
+44 203 770 7903

Italy: Michele Calcaterra / Matteo Steinbach
SEC and Partners
+39 02 62 49 991

US: Jim Fingeroth / Molly Morse / Anntal Silver
Kekst & Company
+1 212 521 4800

Source: LVMH

NCR in collaboration with Samsung launches NCR Silver Quantum™ an all-in-one POS commerce station

NCR Silver Quantum™ offers businesses a sleek payment, marketing and management solution that’s built for the future

DULUTH, Ga., 2017-Nov-11 — /EPR Retail News/ — NCR Corporation, in collaboration with Samsung Electronics America, Inc., today (November 8, 2017) launched NCR Silver Quantum™, an all-in-one point-of-sale (POS) commerce station featuring an integrated payment device with mobile wallet acceptance capability, customer display, loyalty scanner and Samsung Galaxy tablet. The NCR Silver Quantum commerce station provides merchants a sleek, efficient system to better manage customer POS transactions and back-office operations.

A 10.1-inch Android™ Samsung Galaxy Tab A tablet serves as the employee interface, featuring fast, touchscreen operation for easy management. It is pre-loaded with the NCR Silver Android point-of-sale app, which delivers powerful functionality such as inventory management, marketing support and sales reporting once activated through NCR. Businesses can remotely set up and customize their NCR Silver Quantum device through Samsung Knox Configure, a cloud-based service and IT administration tool offered by Samsung.

Chamblee, Ga.-based Ponko Chicken chose NCR Silver Quantum for its all-in-one functionality, intuitiveness and aesthetic. Co-owner Reiko Clark said the award-winning customer support also played a part in her selection.

The popular family-owned restaurant, which has more locations in the works, offers a unique Japanese and Western spin on a fried chicken tender. Ponko Chicken just re-opened for business after initially closing its first restaurant in 2008, and Clark plans to expand further.

“For the grand re-opening, we wanted sexy, modern-looking technology that matched our restaurant’s aesthetic,” Clark said. “NCR Silver Quantum not only looks stunning on our counter; it has everything in one package. The easy to use point-of-sale app and back office, powerful software and dedicated NCR Silver team were also huge factors in choosing this technology partner to make our expansion dreams a reality.”

NCR Silver Quantum and the NCR Silver family of solutions are designed for small- to medium-sized businesses such as retail shops and restaurants. To see the NCR Silver Quantum commerce station in action, watch this video.

NCR Silver Quantum is the first full Android-based solution in the NCR Silver lineup. In addition to incorporating a Samsung tablet and Knox Configure, NCR Silver Quantum includes an embedded RP457c mobile card reader provided by Ingenico Group, which enables the commerce station to accept a variety of payment methods, including magstripe, EMV chip and NFC/contactless transactions such as Samsung Pay.

NCR Silver Quantum offers market-leading battery life of up to 10 hours for merchants who want cordless operation, and has a small physical footprint, measuring less than 13 inches in width.

“Whether you run a franchise food and beverage business or a Mom and Pop boutique, NCR Silver Quantum is as sleek as it is sophisticated,” said Chris Poelma, president and general manager of NCR Silver. “The commerce station is durable, payment processor agnostic and provides chip and mobile wallet functionality. It, along with the entire NCR Silver solution set, offers everything businesses need to operate efficiently – today, and ahead.”

Samsung’s enterprise division takes a vertical approach to business markets, and its retail practice delivers innovative in-store solutions that retail organizations can use to connect with customers, secure their operations, and enhance the opportunities presented by digital business.

”The retail industry is undergoing a rapid digital transformation, and the point-of-sale process is one of the most critical areas to address,” said Ted Brodheim, vice president of Vertical Business at Samsung Electronics America. “With this new commerce station, NCR and Samsung are providing retailers with a technology solution that can simplify employee management of transactions and improve customer shopping experiences, while ensuring processes remain in smooth operation.”

NCR Silver Quantum is part of a product lineup for every stage of business, including cloud-based point-of-sale software, e-commerce integration, hardware, NCR Silver ConciergeTM services, U.S.-based 24/7 live customer service, and powerful functionality such as NCR ConsoleTM that offers advanced employee management, inventory management and reporting.

NCR Silver Quantum is now available with the NCR Silver Android POS app and will soon be available with NCR Silver Pro Restaurant Edition Android POS app. It’s offered in a bundle that includes hardware peripherals, services and a suite of cloud-based software subscription offerings. It can also be purchased separately.

For pricing and detailed product information, visit www.ncrsilver.com/quantum or call 1-877-630-9711.

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 the financial, retail, hospitality, travel, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier. NCR is headquartered in Duluth, Ga., with about 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 website which is updated regularly with financial and other important information about NCR.

Websites: www.ncr.comwww.ncrsilver.com;
Twitter: @NCRSilver
Facebook: www.facebook.com/ncrsilver
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: https://www.youtube.com/user/NCRSilverPOS

About Samsung Electronics America, Inc.

Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA), is a recognized innovative leader in consumer electronics, mobile devices and enterprise solutions. A wholly owned subsidiary of Samsung Electronics Co., Ltd., SEA is pushing beyond the limits of today’s technology and providing consumers and organizations with a portfolio of groundbreaking products in appliances, home entertainment, Internet of Things, mobile computing, smartphones, virtual reality, wireless infrastructure and wearables, in addition to offering leading content and services related to mobile payments, 360-degree VR video, customer support and more. Samsung is a pioneering leader in smartphones and HDTVs in the U.S. and one of America’s fastest growing home appliance brands. To discover more about Samsung, please visit www.samsung.com. For the latest Samsung news, please visit news.samsung.com/us and follow us @SamsungNewsUS.

©Samsung Electronics America, Inc. Samsung, Samsung Galaxy, Samsung Knox and Samsung Pay are all trademarks of Samsung Electronics Co., Ltd.
News Media Contacts:
Aaron Gould
NCR Corporation
212.589.8556
aaron.gould@ncr.com

Jonathan Varman
Samsung Electronics America
P: 201-334-3526
j.varman@sea.samsung.com

Jackie Parker
Arketi Group, for NCR
404.929.0091, ext. 220
jparker@arketi.com

Source: NCR Corporation

Bon-Ton Stores to open at 11:00 a.m. on Thanksgiving Day for Black Friday Shopping

Bon-Ton Stores to open at 11:00 a.m. on Thanksgiving Day for Black Friday Shopping

 

Free gift card to the first 200 customers at every store

MILWAUKEE, 2017-Nov-11 — /EPR Retail News/ — This holiday season, The Bon-Ton Stores, Inc. (OTCQX: BONT) is delighting shoppers with unexpected gifts for everyone on their shopping list, offering better brands and bigger savings at their local Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s or Younkers stores and online at bonton.com.  All Bon-Ton stores will open early on Thursday, November 23 at 11:00 a.m. with more than 700 Door Busters on a huge selection of holiday gifts, fashion, toys and décor for the home.  Stores will be open through Friday, November 24 at 10:00 p.m.and Door Busters will be available through 3:00 p.m. on Friday offering customers 28 hours of incredible deals. The first 200 customers at the door on Thursday will receive a gift card valued between $5 and $500 with a guaranteed $500 gift card at every store.

“Bon-Ton is ready for the kick-off of the holiday shopping season with fantastic savings on great gifts for the entire family,” said Bill Tracy, president and chief executive officer for The Bon-Ton Stores, Inc. “Whether shopping in our stores or online, customers will find not only great deals but extra special offers and giveaways to get the holidays started.”

In Store and Online Door Busters
Here are a few highlights of some of the Door Buster deals Bon-Ton will offer in-store starting at 11: 00 a.m. on Thursday, November 23 and online starting 6:00 a.m. on Sunday, November 19 (while supplies last):

  • $19.97 Rampage boots and coats
  • $19.97 Any size Living Quarters down-alternative comforters
  • $9.97 Kitchen Electrics; slow cooker, griddle, toaster, blender and more (no rebate needed).
  • $99.97 Select ladies designer coats in packable down, puffers and active from Calvin Klein, Nautica, Michael Kors and more
  • Buy 1 Get 2 FREE men’s flannels, fleece and more from Izod, Van Heusen and Ruff Hewn
  • $39.97 3-piece, hardside spinner luggage set from Travel Quarters
  • $17.97 entire stock kids puffer jackets (girls 2-16, boys 8-20)
  • 50% off designer clearance handbags and shoes
  • Buy 2 get 1 FREE fragrance rollerballs and pens sprays
  • $19.99 1/8 ct. diamond earrings
  • $19.97 ladies PJ sets from Intimate Essentials, Hue and Zoe&Bella.

Black Friday Online Previews
For shoppers looking to get started a little sooner Bon-Ton will offer daily online Black Friday Door Buster “previews” starting Monday, November 13 at 6:00 a.m. through Friday, November 17. A variety of 30 different items will be unveiled each day on the company’s websites bonton.combergners.combostonstore.comcarsons.comelder-beerman.comherbergers.com and younkers.com.  Free shipping will be offered on all purchases of $25 or more (surcharges may apply).

Daily exclusive online Door Busters include items such as:

  • $24.97-29.97 Boots from Sugar, Rocket Dog, Seven Dials, Indigo Rd. G by Guess, White Mountain, Life Stride and Relativity
  • $19.97 Any Size LivingQuarters Reversible down-alternative comforters
  • $99.97 Ladies down and puffer coats
  • Buy 1 Get 2 FREE Men’s free Izod, Van Heusen, Ruff Hewn sportswear
  • Up to 60% off FAO Schwarz toys

Better Brands, Bigger Savings
Customers can get even bigger savings when they use the Bon-Ton app to access coupons and take full advantage of the company’s rewards programs to save more on everything in the store including all the better brands, like Calvin Klein, Steve Madden, Nautica, Anne Klein, Tommy Hilfiger, Michael Kors, IZOD, Guess , Jockey and many more. Customers using a Bon-Ton charge card will save up to 20% on purchases made for the entire day when they open a new account in any of our store locations (subject to credit approval). Cardholders earn a variety of benefits, including a $20 Rewards Card for every $200 spent.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes 9 furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves. For store locations and information visit bonton.com. Join the conversation and be inspired by following Bon-Ton on FacebookTwitterInstagram, and Pinterest.

SOURCE: The Bon-Ton Stores, Inc.

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Michael Kors Holdings Limited to present at the Morgan Stanley Global Consumer & Retail Conference in New York

Michael Kors Holdings Limited to present at the Morgan Stanley Global Consumer & Retail Conference in New York

 

LONDON, 2017-Nov-11 — /EPR Retail News/ — Michael Kors Holdings Limited (NYSE:KORS), a global fashion luxury group, today (NOVEMBER 8, 2017) announced that the company will be presenting at the Morgan Stanley Global Consumer & Retail Conference, held at The Crowne Plaza Times Square in New York City, on Wednesday, November 15, 2017, at 10:00 AM Eastern Time. John D. Idol, Chairman and Chief Executive Officer, and Thomas J. Edwards, Executive Vice President, Chief Financial Officer and Chief Operating Officer, will host the presentation.

The audio portion of the presentation will be webcast live on the Company’s Investor Relations website, www.investors.michaelkors.com. An archived replay will be available two hours after the conclusion of the live event.

About Michael Kors Holdings Limited

Michael Kors Holdings Limited is a global fashion luxury group, consisting of iconic brands that are industry leaders in design, style and craftsmanship. Its brands cover the full spectrum of fashion luxury categories including women’s and men’s accessories, footwear and apparel as well as wearable technology, watches, jewelry, eyewear and a full line of fragrance products. The company’s goal is to continue to extend the global reach of its brands while ensuring that they maintain their independence and exclusive DNA. Michael Kors Holdings Limited is publicly listed on the New York Stock Exchange under the ticker KORS.

Contact:
Michael Kors Holdings Limited
Christina Coronios
201-691-6133
InvestorRelations@MichaelKors.com

ICR, Inc.
Jean Fontana
203-682-8200
jean.fontana@icrinc.com

Media:
ICR, Inc.
Alecia Pulman
646-277-1231
KorsPR@icrinc.com

Source: Michael Kors Holdings Limited

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Swedish ICA stores sales increased by 3.4% in October 2017

Solna, Sweden, 2017-Nov-11 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 3.4% in October 2017 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.6%.

October 2017 January – October 2017
Store sales
excl. VAT
Mkr Change  all stores Change like-for-like Mkr Change  all stores Change like-for-like
Maxi ICA Stormarknad 2,785 3.3% 3.0% 28,444 2.9% 2.9%
ICA Kvantum 2,266 4.2% 1.7% 22,847 3.9% 1.8%
ICA Supermarket 2,812 3.1% 2.9% 28,690 2.5% 2.0%
ICA Nära 1,359 2.6% 2.7% 14,222 1.9% 2.0%
Total 9,222 3.4% 2.6% 94,204 2.9% 2.2%

In October 2017, sales in the Swedish ICA stores totalled SEK 9,222 million excluding VAT, which is an increase of 3.4% compared with the same month in the previous year. Sales in January-October 2017 amounted to SEK 94,204 million, an increase of 2.9% compared with the previous year.

ICA Gruppen estimates the calendar effect for October to be -0.5%.

At 31 October 2017, the number of ICA stores in Sweden was 1,283. Store sales for November will be published on 8 December 2017 at 08.45 CET.

To see all publication dates in 2017, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investors/calendar.

For more information:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen

Office Depot completes the acquisition of CompuCom Systems, Inc. and announces Q3 2017 results

  • Acquisition Combines World-Class IT Service Capabilities, Extensive Customer Base and Nationwide Footprint to Create a Powerful Omnichannel Growth Opportunity
  • Strengthens Core Business Through Immediate Cross-Selling Opportunities and Ability to Become a One-Stop Destination for Business Products and Services
  • Q3 2017 GAAP EPS from Continuing Operations of $0.19
  • Strong 2017 YTD Operating Cash Flow (1) in Excess of $400 Million
  • Plans to Host Investor Day in Early 2018 to Further Highlight New Strategic Direction

BOCA RATON, Fla., 2017-Nov-11 — /EPR Retail News/ — Office Depot, Inc. (“Office Depot,” or the “company”) (NASDAQ: ODP), a leading provider of office supplies, business products and services delivered through an omnichannel platform, today (November 9, 2017) announced the completion of the CompuCom Systems, Inc. (“CompuCom”) acquisition and results for the third quarter ended September 30, 2017, as well as highlights of the company’s new strategic direction. Office Depot will provide further detail on the company’s performance and strategy to become a services-driven company during its earnings conference call.

“I’m pleased that we were able to deliver strong cash flow in the third quarter as well as operating results that were in line with our updated outlook,” said Gerry Smith, chief executive officer of Office Depot. “Today also marks an important milestone as we have taken several important steps on a longer-term journey to transform Office Depot from a traditional provider of primarily office products into a broader product and business services platform. This transformation will leverage our stores, online presence and sales force to create a unique omnichannel platform that offers services, products and solutions focused on businesses of all sizes while generating recurring revenue growth.”

“It is imperative we start this journey now. The first step in this transformation was the strategic acquisition of CompuCom, which adds award-winning, enterprise managed workplace services capabilities to our portfolio. This acquisition was quickly followed by the launch earlier this week of BizBox, our new business services platform focused on small and medium-sized business owners. These are key building blocks to deepening our customer relationships and realizing our vision of becoming a services-driven company. Since I joined the company earlier this year, we have been creating the strategy and starting to make the necessary investments in people and capabilities to execute our plan and unlock the value of the new Office Depot.”

Consolidated Results

Reported (GAAP) Results

Total reported sales for the third quarter of 2017 were $2.6 billion compared to $2.8 billion in the third quarter of 2016, a decrease of 8%. Third quarter sales include the negative impact on both the Retail and Business Solutions Divisions from hurricanes Harvey, Irma and Maria, which disrupted operations in Puerto Rico and the southeastern United States where a heavy concentration of customers are located.

In the third quarter of 2017, Office Depot reported operating income of $108 million, net income from continuing operations of $98 million, or $0.19 per diluted share and total company net income of $92 million, or $0.17 per diluted share. Both net income from continuing operations and total company net income include a net tax credit of approximately $37 million associated with the reduction of the U.S. tax valuation allowance.

In the third quarter of 2016, the company reported operating income of $117 million, net income from continuing operations of $330 million, or $0.61 per diluted share and total company net income of $193 million, or $0.35 per diluted share. Both net income from continuing operations and total company net income include a net tax credit of approximately $240 million associated with the reduction of the U.S. tax valuation allowance.

For the year-to-date 2017 period, Office Depot reported operating income of $282 million compared to an operating income of $473 million for year-to-date 2016. Net income from continuing operations for year-to-date 2017 was $195 million, or $0.37 per diluted share, compared to net income from continuing operations of $624 million, or $1.13 per diluted share, for year-to-date 2016. The year-to-date 2016 results benefited from $250 million of operating income related to the Staples termination fee received in the second quarter of 2016 in addition to the benefit from the tax valuation allowance reduction stated above.

Adjusted (non-GAAP) Results (2)

Adjusted operating income for the third quarter of 2017 was $131 million compared to an adjusted operating income of $158 million in the third quarter of 2016. Adjusted net income from continuing operations for the third quarter of 2017 was $74 million, or $0.14 per diluted share, compared to adjusted net income from continuing operations of $89 million, or $0.16 per diluted share, in the third quarter of 2016.

  • Adjusted operating income for the third quarter of 2017 excludes charges and credits totaling $23 million, which were comprised of $15 million in restructuring charges, $6 million in OfficeMax merger-related expenses and $2 million in executive transition and acquisition-related expenses.
  • Adjusted net income from continuing operations in the third quarter of 2017 excludes the after-tax impact of these items.

For the year-to-date 2017 period, adjusted operating income was $351 million compared to an adjusted operating income of $360 million for year-to-date 2016. Adjusted net income from continuing operations for year-to-date 2017 was $196 million, or $0.37 per diluted share, compared to adjusted net income from continuing operations of $192 million, or $0.35 per diluted share, for year-to-date 2016.

Sale of International Businesses

As previously announced on July 28, 2017, the company completed the sale of its business in mainland China. The company’s sale of the remaining international operations in Australia and New Zealand remain subject to the buyer obtaining the necessary regulatory approvals.

The company’s retained sourcing and trading operations in Asia contributed $3 million in sales for the third quarter of 2017 and an operating loss of $1 million. These results are reported as an “Other” segment outside of the primary two operating segments.

Corporate Results

Corporate includes support staff services and certain other expenses that are not allocated to the company’s operating divisions. Unallocated expenses decreased to $22 million in the third quarter of 2017 compared to $29 million in the third quarter of 2016 primarily due to cost savings associated with the Comprehensive Business Review.

Balance Sheet and Cash Flow

As of September 30, 2017, Office Depot had $0.8 billion in cash and cash equivalents and approximately $1.0 billion available under the Amended and Restated Credit Agreement, for total available liquidity of approximately $1.8 billion. Total debt was $282 million, excluding $781 million of non-recourse debt related to the credit-enhanced timber installment notes.

For the third quarter of 2017, cash provided by operating activities of continuing operations was $293 million and included the impact of $16 million in restructuring costs and $12 million in OfficeMax merger–related costs. Capital expenditures were $37 million in the third quarter of 2017, $3 million of which were related to the merger integration. Accordingly, free cash flow(3) of continuing operations was $256 million in the third quarter of 2017.

Year-to-date 2017 free cash flow(3) of continuing operations was $316 million, which comprised of $408 million in cash provided by operating activities of continuing operations less $92 million in capital expenditures.

During the third quarter, the company paid a quarterly cash dividend of $0.025 per share on September 15, 2017 for an aggregate of approximately $13 million.

Office Depot repurchased approximately 4 million shares at a total cost of $17 million in the third quarter of 2017. Since the share repurchase program began in May 2016, Office Depot has repurchased approximately 45 million shares, at a total cost of $166 million, for a weighted average price of $3.71 per share. At the end of the third quarter, $84 million remained available for repurchase under the current $250 million buyback authorization.

New Strategic Direction to Unlock Growth Opportunities

Following the appointment of Gerry Smith as chief executive officer, Office Depot began a strategic review with a focus on growing revenue and evaluating profitable growth opportunities. The result is a new strategic direction focused on better serving customers through the integration of business services and products via an omnichannel platform that leverages the company’s core competencies and assets. With millions of business customers and a unique last-mile advantage, the company believes introducing compelling service offerings will create a growing stream of recurring subscription-based revenue. The new strategic direction contains three areas of focus: Transform, Disrupt and Strengthen. A number of initiatives are already underway across the business.

Transform our Business

The first major step in the company’s transformation to create a business services platform was the acquisition of CompuCom, a market-leading provider of award-winning technology services, products and solutions. The acquisition combines CompuCom’s broad set of managed technology services and 6,000 certified technicians with Office Depot’s extensive customer base and last-mile advantage. Together, this combination will create a unique nationwide omnichannel offering in office supplies and end-to-end technology solutions focused on business customers, with the scale and credibility to stand apart from the competition.

The combined company expects to be well positioned to capture market share in the $25 billion, highly fragmented North American managed workplace service market by providing a comprehensive network of enterprise-level tech services and products to new and existing customers of all sizes. With minimal customer overlap, both companies’ sales teams can immediately begin cross-selling a full suite of products and services, with an incentive structure focused on driving services revenue. By creating a broader relationship with customers, Office Depot can become a more important vendor and the ideal business partner to provide customers the solutions they need.

The company has also identified a compelling opportunity to bring technology services to the historically underserved small and midsize business (SMB) market. Office Depot currently has access to nearly six million SMB customers within three miles of its approximately 1,400 stores. CompuCom’s existing SMB offering, Tech-ZoneTM, will be placed within Office Depot’s nationwide retail footprint to provide immediate scale and drive increased foot traffic for improved per-store profitability. With this strategy, Office Depot will be the first to offer customers technology solutions with national scale and local support across an omnichannel platform.

Disrupt for our Future

Beyond the CompuCom acquisition, Office Depot also has identified several additional innovative opportunities to leverage its key assets and disrupt traditional retail thinking. Earlier this week, the company announced the launch of BizBox, a new business services platform. BizBox provides start-ups and small business leaders access to the core services needed to start and grow their businesses through a convenient, monthly subscription. BizBox will simplify business decisions and operations for all small and medium-sized businesses.

BizBox core service offerings include website hosting and design, Centriq asset management, digital and social marketing, financing and accounting, CRM and HR/payroll support, in addition to technical services and support available from CompuCom. BizBox will be initially offered through an integrated online platform, which will be enhanced with new features and services based on customer feedback and demand, including introduction into retail stores.

Strengthen our Core

While the transformation toward a services-driven company is part of a multi-year strategy, Office Depot has a number of initiatives underway to strengthen its core business operations. The company has recently acquired several mid-market regional office products and janitorial supply companies in order to improve access to customers in select geographic markets within the United States and augment its presence in the cleaning and breakroom category. These acquisitions also add new selling models, supply chain capabilities and purchasing scale that the company plans to leverage across its existing operations.

Office Depot is also making investments in people and capabilities with a focus on improving customer experience and demand generation across sales channels. The company has recently added several senior leaders in marketing and merchandising with proven experience in services, demand generation and data analytics. Office Depot is also upgrading supply chain capabilities to drive both cost and performance improvements and generate additional working capital opportunities.

“Our new strategy is focused on building diverse and stable recurring service offerings that leverage our omnichannel platform, but most importantly it was created by listening to our customers and the solutions they need in order to run their businesses,” commented Gerry Smith. “We are moving quickly to make the necessary investments to successfully deliver on the strategy and believe it can ultimately unlock significant value to our shareholders as we position Office Depot for the future.”

Outlook (4)

Office Depot continues to expect total company sales in 2017 to be lower than 2016, primarily due to the impact of planned store closures, prior year contract customer losses, continued challenging market conditions, hurricane impacts and returning to a 52-week fiscal year. However, the company expects the rate of sales decline to improve in the fourth quarter of 2017 on a comparable 13-week basis based on implementation of new customer wins, customer retention efforts and growth from strategic business initiatives.

The company expects to be substantially complete with the OfficeMax integration and realize the majority of the synergy benefits by the end of 2017. Merger integration expenses are estimated to total approximately $40 million in 2017 and approximately $15 million in merger-related capital expenditures.

Office Depot’s cost saving initiatives that were part of the Comprehensive Business Review are expected to deliver over $250 million in annual benefits by the end of 2018, with about two-thirds of the total benefits anticipated to be realized by the end of 2017. The company continues to estimate it will incur approximately $125 million in costs to implement the Comprehensive Business Review cost saving programs, of which $90 million has been incurred since inception through the third quarter of 2017. Furthermore, the company expects to realize an additional $40 million of expected synergies from the CompuCom acquisition over the next two years.

As recently announced on October 3, 2017, Office Depot now expects adjusted operating income to be between $400 million and $425 million in fiscal 2017. The reduction reflects lower sales and traffic during this year’s Back-to-School season, higher supply chain costs related to planned consolidations, hurricane impacts and continued investments related to the company’s new direction to become a services-driven company.

Capital expenditures in 2017 are now expected to be approximately $125 million including investments to support the company’s critical priorities. Depreciation and amortization is still expected to be approximately $150 million in 2017.

Office Depot continues to anticipate free cash flow(3) from continuing operations to be more than $300 million in 2017.

The company anticipates a non-GAAP effective tax rate of approximately 41% in fiscal 2017, dependent on the mix and timing of income. As the company continues to utilize available tax operating loss carry forwards and credits, the estimated cash tax rate is expected to be approximately 15%.

On November 8, 2017, Office Depot completed the acquisition of CompuCom for approximately $940 million. The transaction was funded with a new $750 million 5-year senior secured term loan, the issuance of approximately 44 million shares of the company’s common stock and approximately $55 million of cash on hand. Office Depot expects to maintain substantial financial flexibility with low balance sheet leverage, strong liquidity, and positive free cash flow available for debt repayment, capital returns to shareholders and growth initiatives.

Due to the recent timing of the CompuCom acquisition, Office Depot has not yet determined the potential purchase accounting and other impacts to the consolidated financial statements or reportable segments for 2017 or future periods. In addition, the company is currently developing estimates of the necessary investments required to support the new strategic direction to transition to a services-driven business model over the coming years. As a result of these uncertainties, Office Depot will not be providing 2018 guidance at this time. However, the company does expect 2018 sales trends to continue to be impacted by store closures, lower store traffic, and ongoing competitive pressures, with an associated flow-through impact to profitability.

Office Depot plans to host an Investor Day in early 2018 to further highlight the company’s new strategic direction, 2018 guidance, operating initiatives and leadership team. Additional details on date and location will be provided closer to the event.

(1) Operating cash flow refers to cash flows from operating activities of continuing operations.

(2) Adjusted results represent non-GAAP measures and exclude charges or credits not indicative of core operations and the tax effect of these items, which may include but not be limited to merger integration, restructuring, acquisition, asset impairments and executive transition costs. Reconciliations from GAAP to non-GAAP financial measures can be found in this release as well as on the Investor Relations website at investor.officedepot.com.

(3) Free cash flow is defined as cash flows from operating activities of continuing operations less capital expenditures.

(4) The company’s outlook for 2017 included in this release, includes expected adjusted operating income, a non-GAAP number, which excludes charges or credits not indicative of core operations, which may include but not be limited to merger integration expenses, restructuring charges, executive transition costs, asset impairments, and other significant items that currently cannot be predicted. The exact amount of these charges or credits are not currently determinable, but may be significant. Accordingly, the company is unable to provide equivalent reconciliations from GAAP to non-GAAP for these financial measures.

About Office Depot, Inc.

Office Depot, Inc. is a leading provider of office supplies, business products and services delivered through an omnichannel platform.

The company had 2016 annual sales of approximately $11 billion, employed approximately 38,000 associates, and served consumers and businesses in North America and abroad with approximately 1,400 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – with a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot®, OfficeMax® and Grand & Toy. The company’s portfolio of exclusive product brands include TUL®, Foray®, Brenton Studio®, Ativa®, WorkPro®, Realspace® and Highmark®.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol “ODP.”

Office Depot is a trademark of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. ©2017 Office Depot, Inc. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners.

FORWARD LOOKING STATEMENTS

This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations, cash flow or financial condition, or state other information relating to, among other things, Office Depot, based on current beliefs and assumptions made by, and information currently available to, management. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “outlook,” “intend,” “may,” “possible,” “potential,” “predict,” “project,” “propose” or other similar words, phrases or expressions, or other variations of such words. These forward-looking statements are subject to various risks and uncertainties, many of which are outside of Office Depot’s control. There can be no assurances that Office Depot will realize these expectations or that these beliefs will prove correct, and therefore investors and stockholders should not place undue reliance on such statements.

Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the risk that Office Depot is unable to transform the business into a service-driven company or that such a strategy will result in the benefits anticipated, the risk that Office Depot may not be able to realize the anticipated benefits of the CompuCom transaction due to unforeseen liabilities, future capital expenditures, expenses, indebtedness and the unanticipated loss of key customers or the inability to achieve expected revenues, synergies, cost savings or financial performance, uncertainty of the expected financial performance of Office Depot following the completion of the CompuCom transaction, impact of weather events on Office Depot’s business, impacts and risks related to the termination of the attempted Staples acquisition, disruption in key business activities or any impact on Office Depot’s relationships with third parties as a result of the announcement of the termination of the Staples Merger Agreement; unanticipated changes in the markets for Office Depot’s business segments; the inability to realize expected benefits from the disposition of the European and other international operations; fluctuations in currency exchange rates, unanticipated downturns in business relationships with customers or terms with the company’s suppliers; competitive pressures on Office Depot’s sales and pricing; increases in the cost of material, energy and other production costs, or unexpected costs that cannot be recouped in product pricing; the introduction of competing technology products and services; unexpected technical or marketing difficulties; unexpected claims, charges, litigation, dispute resolutions or settlement expenses; new laws, tariffs and governmental regulations. The foregoing list of factors is not exhaustive. Investors and stockholders should carefully consider the foregoing factors and the other risks and uncertainties described in Office Depot’s Annual Report on Form 10-K, as amended, and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. Office Depot does not assume any obligation to update or revise any forward-looking statements.

Contact:
Richard Leland
561-438-3796
Investor Relations
Richard.Leland@officedepot.com 

Julianne Embry
561-438-1451
Media Relations
Julianne.Embry@officedepot.com

Source: Office Depot, Inc.

Office Depot announces its Black Friday deals

BOCA RATON, Fla., 2017-Nov-11 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading provider of office supplies, business products and services delivered through an omnichannel platform, today (November 8, 2017) announced its Black Friday deals, available both in stores and at officedepot.com, for shoppers to find items to gift their business and treat themselves at discounted prices.

“This is the season to not only gift your business, but to treat yourself. We’re offering incredible deals both online and in stores, so that shoppers can easily tackle all of their holiday gifting needs,” said Marko Ibrahim, senior vice president of North America retail for Office Depot, Inc.

Office Depot’s Black Friday deals will provide the best selection of holiday items for everyone on your gift list.

Black Friday deals available online 11/23 – 11/25 and in-store 11/24 – 11/25 include 1 :

  • HP Touch Screen 15.6″ Laptop with Intel 8th Generation Core i7 Processor, 8GB RAM and 1 TB Hard Drive for $449.99 (reg. $849)
  • HP 15.6″ Laptop with Intel 8th Generation Core i5 Processor, 8GB RAM and 1 TB Hard Drive for $349.99 (reg. $599.99)
  • HP 14″ Laptop with Intel Inside & Microsoft Office pre-installed for $167.99 (reg. $299.99)
  • Dell Touch Screen 24″ All-in-One Desktop PC – Black or White2 option for $419.99 (reg. $649.99)
  • Samsung 32″ HD Monitor for $169.99 (reg. $299.99)
  • Dell™ Gaming Laptop with Intel Core i5 Processor, 8GB RAM, 1 TB and NVIDIA GTX1050 Graphics for $629.99 (reg. $899.99)
  • Dell™ Gaming Desktop with AMD Ryzen 5 Processor, 8GB RAM, 1 TB and AMD Radeon™ RX 570 for $649.99 (reg. $899.99)
  • Online only: HP Touch Screen 15.6″ Laptop with Intel 8th Generation Core i7 Processor, 8GB RAM and 256GB Solid State Drive for $529.99 (reg. $929.99)
  • Online only: HP Touch Screen 15.6″ Laptop with Intel 8th Generation Core i7 Processor, 12GB RAM and 1 TB Hard Drive for $499.99 (reg. $899.99)
  • Doorbuster: 7:45 a.m. to noon on 11/24–Free McAfee Live Safe Card 3
  • New PC Set Up, 1 Year of McAfee and 2 years of Square Trade Coverage (Total Protection) for $98.98 (reg. $149.99-$249)4
  • Realspace® Magellan L-Desk with Hutch, (Best-selling desk in four finishes) for $207.98 (reg. $519.98). Plus, Entire Realspace® Magellan collection on sale (desks, bookcases, and files)
  • Realspace® Magellan Managers Desk, (three finishes) for $139.99 (reg. $279.99)
  • Serta® Hensley Big & Tall Chair for $239.99 (reg. $399.99). Plus, all Serta® Chairs on Sale
  • WorkPro® Quantum Ergonomic Mesh Mid Back Chair for $219.99 (reg. $369.99). Plus, all WorkPro® Chairs on Sale
  • Online only: Canon EOS Rebel T6 18.0-Megapixel Digital SLR Camera Kit With 18-55 mm IS II and 75-300 mm III Lenses for $449.99 (reg. $749.99)
  • Google Home for $79 (reg. $129)
  • Google WiFi for $99 (reg. $129)
  • Google WiFi 3pk for $249 (reg. $299)
  • Virtual Reality Headset with Bluetooth controller and retractable wireless earbuds for $11 (reg. $29.99)

To view the Black Friday ad with a complete list of the offers, visit officedepot.com/blackfriday.

While Office Depot and OfficeMax stores will be closed on Thanksgiving Day, so that shoppers and associates can spend quality time with family and friends, customers can get a head start on holiday deal shopping online at 12:01 a.m. ET Thanksgiving Day and offers are valid until 11:59 p.m. ET on Saturday, Nov. 25. Stores will open at 7:45 a.m. on Friday, Nov. 24 and offers are valid through Saturday, Nov. 25.

Visit officedepot.com to find an Office Depot or OfficeMax location near you, and for more information on special holiday deals and savings.

About Office Depot, Inc.

Office Depot, Inc. is a leading provider of office supplies, business products and services delivered through an omnichannel platform.

The company had 2016 annual sales of approximately $11 billion, employed approximately 38,000 associates, and served consumers and businesses in North America and abroad with approximately 1,400 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – with a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax and Grand & Toy. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and Highmark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol “ODP.”

Office Depot is a trademark of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. ©2017 Office Depot, Inc. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners.

1 Prices not valid in Alaska, Hawaii, Puerto Rico, and the Virgin Islands

2 White Dell All-in-One available only online

3 Available only in stores. Minimum 25 per store. Limit 1 per customer. While supplies last. No rainchecks.

4 Available only in stores. Virus-Free Guarantee: If your protected devices become infected within one (1) year from date of software purchase, we will remove the virus, malware or spyware at no additional cost. Device must be virus free at time of software installation. See associate for details. 2 Year Protection: Limitations and exclusions apply. See officedepot.com/protection for terms and conditions of complete coverage details. Term begins on the date of purchase but does not replace the manufacturer’s coverage.

Contact:
Julianne Embry
561-438-1451
julianne.embry@officedepot.com 

Sarah England
561-438-1448
sarah.england@officedepot.com

Source: Office Depot, Inc.

Sears celebrates the opening of its new appliances and mattresses store in Camp Hill, Pa.

Sears celebrates the opening of its new appliances and mattresses store in Camp Hill, Pa.

 

Retailer Expands Specialized Retail Model, Unveiling New Store at Capital City Mall

HOFFMAN ESTATES, Ill., 2017-Nov-10 — /EPR Retail News/ — Sears announced the grand opening of its latest store dedicated to appliances and mattresses, designed to deliver a specialized retail experience to current and prospective members. Located in Camp Hill, Pa., the store will be the first of its kind in the Northeast. The unique retail concept focuses on two of Sears’ strongest categories – appliances and mattresses – while additionally offering the expertise and capability of its leading integrated services. The new store follows the successful model of the first Sears Appliances & Mattresses store located in Pharr, Texas, which has been open since June of this year, as well as the Sears Appliances store, which opened in Ft. Collins, Colo. in 2016. Sears is also opening an Appliances & Mattresses store in Honolulu this weekend.

“We’re delighted by the positive feedback we’ve received from our members around the Ft. Collins and Pharr stores,” said Leena Munjal, senior vice president, Customer Experience and Integrated Retail, Sears Holdings. “At our new Camp Hill Sears Appliances & Mattresses store, the community will find an innovative, interactive shopping experience that showcases our leading array of appliances and mattresses, with the support of expert associates. This new store helps our members easily find the best product for them to live life now and enjoy these products in their homes for years to come.”

Located at 3595 Capital City Mall, the 12,248-sq. ft. Sears Appliances & Mattresses store showcases the top major appliance brands, including Kenmore®, in a bright, spacious setting with interactive displays, allowing members to view home appliances in kitchen vignettes and experience top mattress brands. Members can visualize how new appliances would look in a full-scale kitchen with the “Discover More” interactive digital display. Using a tablet, shoppers can select common kitchen layouts and appliances and further customize the experience by choosing colors and finishes. They also can use the “Discover More” digital display to shop for other products on sears.com.

The Camp Hill store also features an assortment of vacuums, floor care and home environment products, as well as countertop microwaves. Members can also try out mattresses from top brands including Tempur-Pedic®, Beautyrest, Sealy, Serta, Simmons and Stearns & Foster, and shop for select pillows and bedding.

The new location will feature the full suite of integrated retail services for which Sears is known, including:

  • Meet with An Expert: The free service helps members shop for home appliances and mattresses by letting them schedule appointments with in-store experts at a time convenient for them.
  • Free Shipping: Looking for a product that’s not carried in the Sears Appliances & Mattresses store? Simply open the Sears mobile app, find the item you want—apparel, footwear, tools, lawn and garden equipment and more—and get free shipping on orders placed while in store (when location services are enabled).
  • Buy Online and Ship to the Store, In-Vehicle Pickup: Members can purchase all products available on Sears.com or Kmart.com, ship to the store for free, then pick up their items at the store when they arrive, where they will be ready in five minutes, guaranteed. Members can even choose to have their item brought out to them by using Sears’ innovative In-Vehicle Pickup service.
  • Anyone, Anywhere Pickup: Members can order any item on Sears.com or Kmart.com and send a friend or family member to pick up the purchase—particularly useful for parents purchasing items for their kids who may be away at college.

A ribbon-cutting for the Camp Hill store will take place Friday, Nov. 10 at 10 a.m., and the grand opening celebration will continue Saturday, Nov. 11 at 10 a.m.

Ribbon-cutting festivities include:

  • 10 $25 Sears gift card giveaway raffles
  • Face painting for children
  • Food truck on-site from 9 a.m. to 6 p.m.

Saturday festivities include:

  • 10 percent off storewide*
  • Goody bags for first 100 customers
  • Face painting for children
  • Raffles throughout the day

The new Sears Appliances & Mattresses store will be open Sunday, 11 a.m.– 6 p.m. and Monday through Saturday, 10 a.m.– 9 p.m. In most cases, Sears delivers appliances and mattresses Monday through Saturday.

The Sears Appliances & Mattresses store’s associates and technicians, who provide services such as installation, maintenance and repair, are trained and employed by Sears. Camp Hill members will also gain peace of mind knowing they can protect their purchases with one of the industry’s most comprehensive warranty programs, which has made Sears No. 1 in protection agreements.

*Some exclusions apply

About Sears, Roebuck and Co.
Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a leading integrated retailer providing merchandise and related services and is part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Sears, Roebuck offers its wide range of home merchandise, apparel and automotive products and services through Sears-branded and affiliated full-line and specialty retail stores. Sears, Roebuck also offers a variety of merchandise and services through sears.com and specialty catalogs. Sears, Roebuck offers consumers leading brands including Kenmore, Craftsman, and DieHard — among the most trusted and preferred brands in the U.S. The company is the nation’s largest provider of home services, with more than 6,000 expert technicians who make nearly 11 million service calls annually. For more information, visit the Sears, Roebuck website at www.sears.com or the Sears Holdings Corporation website at www.searsholdings.com.

MEDIA CONTACTS:

Larry Costello
Sears Holdings Corp.
847-286-9036
Larry.Costello@searshc.com

Chloe Zuanich
Havas Formula for Sears
312.229.0605
sears@havasformula.com

SOURCE Sears, Roebuck and Co.

###

Kmart Pharmacy invites Medicare Part D members to be their 2018 preferred pharmacy provider and receive savings in copays

Just in time for open enrollment, the retailer is a preferred pharmacy in many 2018 Medicare Part D plans

HOFFMAN ESTATES, Ill., 2017-Nov-10 — /EPR Retail News/ — Medicare Part D members can now turn to Kmart Pharmacy as their 2018 preferred provider for pharmaceutical needs and receive substantial savings in their copays. That includes copays as low as $1 when they fill their prescriptions through a preferred network pharmacy such as Kmart Pharmacy.

Members with Medicare Part D are encouraged to enroll in Kmart’s free Pharmacy Rewards program. In addition to preferred pricing, Shop Your Way members who join Pharmacy Rewards can get $5 FREECASH in points every time five prescriptions are filled. Members also receive the benefit of a team of expert pharmacists who provide personalized care and trusted advice for their healthcare needs.

Kmart Pharmacy was recognized by the American Customer Satisfaction Index (ACSI)* as the national leader in drugstore customer satisfaction. In addition to offering advice on prescription coverage and over the counter medications, Kmart pharmacists also utilize helpful tools like eHealth and the Medicare.gov Plan Finder for Medicare Members to help members assess their Part D coverage and enroll in plans.

“Kmart Pharmacy prides itself on offering low-cost copays and extra savings to Medicare-eligible Americans,” said Mike Seesholtz, Head of Kmart Pharmacy. “We remain focused on the overall health and well-being of our members, and strive to give them access to the best discounted prescriptions, an exceptional team of pharmacists, and other health-related benefits to ensure they receive the best quality of care.”

Members can use their Pharmacy Rewards to shop for non-pharmacy merchandise at Kmart and Sears, in-store and online. Some exclusions may apply**. Ask a Kmart pharmacist to assist with signing up, or go online to kmartpharmacy.com/rewards. Complete details are also available on the website.

Kmart Pharmacies are in the preferred retail pharmacy network for 2018 Medicare Part D plans available nationwide and in Puerto Rico.***

With a Medicare Part D plan, members can receive coverage for any commercially available vaccine at Kmart including shingles (herpes zoster) and pneumonia. A Kmart Pharmacist can also suggest immunizations that are appropriate based on a free immunization screening.

Open enrollment for Medicare Part D began Oct. 15 and ends Dec. 7. For more information or to find a Kmart Pharmacy near you visit kmartpharmacy.com. To learn more about Medicare Part D or to help you select a plan that’s best for you based on your current prescriptions, visit medicare.gov.

To find a location near you or more information about Kmart Pharmacy, call 1-800-866-0086 or visit kmartpharmacy.com.

About Kmart
Kmart is making shopping fun again. The retailer, a subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is bringing back the iconic Bluelight Specials, hosting Freebie Saturdays and in-store family events for its Shop Your Way® members and customers. Kmart offers customers thrilling deals and amazing finds on quality products and exclusive brands including Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense.

*2016 Health and Personal Care Study

**Subject to SYW Pharmacy Rewards program terms and conditions. Points are valid for two weeks once received on the purchase of non-pharmacy merchandise. The maximum number of SYW points a Pharmacy Rewards member may earn is limited to $15 (15,000 points) for an individual transaction, or $75 (75,000 points) annually per member. Offer not valid in LA for controlled substance prescriptions or in AR, NJ, NY, Guam and the Virgin Islands. By accepting Shop Your Way® member benefits and offers, you agree to the Shop Your Way® terms and conditions, available at www.shopyourway.com/terms.

***See a Kmart Pharmacy for details. Some plans may use a limited pharmacy network that does not include Kmart. Kmart pharmacy accepts most Medicare Part D plans and is preferred in many of the top Medicare Part D plans. See your local Kmart pharmacist to learn in which Medicare Part D plans your Kmart Pharmacy participates as a preferred provider. Your cost for some drugs may be less at pharmacies where Kmart does not participate as a preferred provider. Not all Kmart locations have pharmacies. To find the location nearest you visit kmartpharmacy.com.

All Medicare plans comply with applicable Federal civil rights laws and do not discriminate on the basis of race, color, national origin, age, disability, or sex. ATTENTION: If you speak a language other than English, free language assistance services are available. Visit the plan’s website or call them directly for more information. ATENCIÓN: Si habla un idioma que no sea inglés, están disponibles servicios gratuitos de asistencia con idiomas. Visite el sitio web del plan o llámeles directamente para obtener más información.  請注意:如果您說英語以外的其他語言,您可以獲得免費的語言協助服務。請造訪計劃網站,或直接致電給他們以查詢詳情。

Media Contacts: 
Larry Costello– Kmart
Larry.Costello@searshc.com
(847) 286-9036

Kelly Evans
Havas/Formula PR
Kevans@havasformula.com
(312) 229 0605

SOURCE: Kmart

Schnucks makes a “Fresh Every Day” pledge to customers

ST. LOUIS, 2017-Nov-10 — /EPR Retail News/ — Just in time for the holidays, Schnucks stores in the St. Louis area are making a “Fresh Every Day” pledge to customers.

“Fresh Every Day is our commitment to bringing customers the freshest food possible. However, it’s also a challenge to our teammates and our company as a whole to think fresh about everything we do,” said Schnucks Chief Merchant Steve Mayer. “It guides us in our partnerships, our pursuit of innovation and in the way we serve our communities.”

When shopping, customers are urged to seek out the bright blue “Fresh Low Price” signs so they can see for themselves the savings now offered at their local Schnucks. Examples of the “Fresh Low Prices” include:

  • Meat Masters Value Pack Fresh Ground Beef – $2.99LB (previously $4.74 )
  • Schnucks Fresh Jumbo Pack Boneless, Skinless Chicken Breast – $2.99LB (previously $4.74)
  • Bananas – 59¢ lb. (previously 64¢)

“Our customers will see changes and surprises in and out of our aisles, including a price drop on hundreds of fresh items in the store,” Mayer added. “We think they’ll enjoy what’s new and fresh about Schnucks.”

To reinforce the importance of freshness, Mayer notes that fresh department managers from across the company all attended a recent company “Fresh Expo” where they spent the day focused on making sure customers receive the freshest products possible.

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

Media Contact:

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

Source: Schnucks

Visa creates wearable payment devices in the spirit of the Olympic Winter Games

Visa creates wearable payment devices in the spirit of the Olympic Winter Games

 

Fans and Team Visa Athletes will enjoy the convenience and style of Visa payment-enabled gloves, stickers and commemorative Olympic pins

SAN FRANCISCO, 2017-Nov-10 — /EPR Retail News/ — Visa (NYSE: V), the exclusive payment technology partner at the Olympic and Paralympic Games, today (Nov. 8, 2017) introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled terminal.

“We are looking forward to transforming the payment experience for everyone who attends the upcoming Olympic Winter Games in PyeongChang,” said Iain Jamieson, Korea country manager at Visa. “At Visa, we have been working tirelessly to ensure all of the Olympic venues are equipped with the very latest payment capabilities to provide the best experience possible for all those on-site.”

Visa teamed up with Lotte Card, the financial arm of South Korean-based retail giant, Lotte Department Store, to produce and make these new prepaid payment wearables available for purchase in Korea beginning November 9. About the products:

  • Commemorative Olympic Pin: Inspired by the long-standing tradition of collecting commemorative pins at the Olympic Games, Visa is bringing to market four unique lapel pins featuring custom PyeongChang 2018 designs to offer a payment-enabled collectable for fans and athletes to utilize on-site. Cost per pin is KRW5,000 plus desired embedded prepaid amounts valued at KRW30,000 or KRW50,000.
  • Payment-Enabled Gloves: The average temperature in PyeongChang will be – 4.8°C1, so gloves will be a must-have! This payment glove will offer fans a way to pay safely and securely without having to get cold hands. The gloves contain a dual interface chip housed with a contactless antenna capable of completing purchases throughout official Olympic Venues and compatible readers globally. The gloves will come with embedded prepaid amounts valued at KRW30,000 or KRW50,000.
  • Sticker: With a thin and flexible adhesive design and an embedded dual interface NFC-chip and antenna, these micro-tags can be attached to almost anything to make seamless payments in a moment’s notice. The wearable sticker is available in denominations of KRW30,000, KRW50,000, KRW100,000 and KRW200,000. The collection includes 8 distinct designs including Soohorang – the official PyeongChang 2018 mascot – the Korean flag, and much more.

“It is important to me, as a Winter Olympian, to work with a brand like Visa that not only supports a diverse group of athletes, but also enables an enhanced fan experience for those at the Games,” said Mikaela Shiffrin, USA Olympic gold medalist and Team Visa athlete. “Olympic pins are always the most coveted collectibles, these Visa pins really up the ante.”

Starting November 9, the stickers and pins can be purchased from Lotte Card’s customer centers in Korea and the Lotte Card website. During the Games, all three wearables will also be available for purchase at the Olympic Superstores in conveniently located Visa vending machines.

“Growing up in South Korea, I am proud that my home country is hosting the Games, and is using this opportunity to introduce Visa payment innovations to the rest of the world,” said Park, Seung-Hi, South Korean Olympic Speed Skating and Team Visa athlete. “These payment gloves provide a hassle-free way to pay, even when it’s cold!”

In addition to the wearables and as the exclusive payment partner of the Olympic Games, Visa is facilitating and managing the entire payment system infrastructure and network throughout all venues within the Games. This includes more than 1,000 contactless point-of-sale terminals capable of accepting mobile and wearable payments.

As the payments industry increasingly shifts from plastic to digital, new technology advances from Visa and its partners are bringing consumers a simple and secure purchasing experience. To learn more about Visa and its Olympic sponsorship, visit https://usa.visa.com/about-visa/sponsorships-promotions/olympics-partnership.html.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit usa.visa.com/aboutvisavisacorporate.tumblr.com and @VisaNews.

1 Olympic Winter Games PyeongChang 2018 Organizing Committee official website: https://www.pyeongchang2018.com/en/pyeongchang-weather-conditions

Contact:
Bitsy Rich
415-813-7252
erich@visa.com

Sarah Hamblen
415-728-7268
shamblen@visa.com

Source: Visa Inc.

###

Opioid overdose-reversal medication naloxone now available without prescription at CVS Pharmacy locations in Oklahoma

WOONSOCKET, R.I., 2017-Nov-10 — /EPR Retail News/ — CVS Health (NYSE: CVS) announced today (November 9, 2017) that the opioid overdose-reversal medication naloxone is now available without an individual prescription at all of the 77 CVS Pharmacy locations in Oklahoma, including those located inside Target stores. CVS Pharmacists will be able to dispense naloxone to patients without an individual prescription under a statewide protocol giving pharmacists prescriptive authority to dispense naloxone.

“Naloxone is a safe and effective antidote to opioid overdoses and by expanding access to this medication in our pharmacies in Oklahoma we can help save lives,” said Tom Davis, RPh, Vice President of Pharmacy Professional Services at CVS Pharmacy. “CVS Health is dedicated to helping the communities we serve address and prevent prescription drug abuse and we are expanding access to naloxone to give more people a chance to get the help they need for recovery.”

“In Oklahoma, more adults die of unintentional prescription drug overdoses than in car crashes,” said Congressman Markwayne Mullin. “Now, thanks to the passage of 21st Century Cures Act and the Comprehensive Addiction and Recovery Act, law enforcement, physicians, and prescribers have more tools than ever to fight the opioid crisis. By making this lifesaving drug readily accessible to all Oklahomans, we can reverse the effects of drug overdose and prevent drug overdose tragedies in the future. Our fight against the opioid crisis does not end here, but it’s great to see a commonsense solution that will save the lives of thousands of Oklahomans each year. Just like seatbelts have helped significantly reduce car accident deaths, so will naloxone help reduce the lives tragically lost each year to drug overdose.”

Today’s naloxone announcement builds on CVS Health’s commitment to helping communities address and prevent prescription drug abuse by focusing on prevention and safe medication disposal. In 2015, CVS Health launched a community outreach program called Pharmacists Teach, which brings CVS pharmacists to local schools to talk to students about the dangers of drug abuse. More than 300,000 students across the U.S. have already taken part in the program. High school teachers and administrators can learn more about bringing Pharmacists Teach to their school at www.CVSHealth.com.

CVS Health has also joined with the Partnership for Drug-Free Kids to create the Medication Disposal for Safer Communities Program, which has donated more than 800 units to police departments around the country, collecting more than 100 metric tons of unwanted medication. In September, CVS Health announced it would expand the program to 750 locations inside CVS Pharmacies by mid-2018, for a total of 1,550 safe medication disposal locations.

In that recent announcement, the company also said it would enhance opioid utilization management to align with the CDC Guideline for CVS Caremark PBM clients and members, complementing measures already in place. And, the CVS Health Foundation added a $2 million commitment to previous investments in mitigating prescription drug abuse with support for Community Health Centers providing medication-assisted treatment and other addiction recovery services.

With the addition of Oklahoma, CVS Pharmacy now dispenses naloxone to patients without an individual prescription in these 46 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia and Wisconsin.

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

Media Contact:
Erin Shields Britt
Corporate Communications
(401) 770-9237
Erin.Britt@CVSHealth.com

SOURCE: CVS Health

CVS Health announces availability of opioid overdose-reversal medication naloxone without prescription at CVS Pharmacy locations in Michigan

WOONSOCKET, R.I., 2017-Nov-10 — /EPR Retail News/ — CVS Health (NYSE: CVS) announced today (November 9, 2017) that the opioid overdose-reversal medication naloxone is now available without an individual prescription at all of the nearly 300 CVS Pharmacy locations in Michigan, including those located inside Target stores. CVS Pharmacists will be able to dispense naloxone to patients without an individual prescription under a statewide standing order protocol.

“Naloxone is a safe and effective antidote to opioid overdoses and by expanding access to this medication in our pharmacies in Michigan we can help save lives,” said Tom Davis, RPh, Vice President of Pharmacy Professional Services at CVS Pharmacy. “CVS Health is dedicated to helping the communities we serve address and prevent prescription drug abuse and we are expanding access to naloxone to give more people a chance to get the help they need for recovery.”

“Michigan families have lost too many loved ones to the opioid epidemic,” said U.S. Senator Debbie Stabenow. “Naloxone is a critical life-saving drug for those who suffer from addiction and I applaud those working to make it more accessible.”

Today’s naloxone announcement builds on CVS Health’s commitment to helping communities address and prevent prescription drug abuse by focusing on prevention and safe medication disposal. In 2015, CVS Health launched a community outreach program called Pharmacists Teach, which brings CVS pharmacists to local schools to talk to students about the dangers of drug abuse. More than 300,000 students across the U.S. have already taken part in the program. High school teachers and administrators can learn more about bringing Pharmacists Teach to their school at www.CVSHealth.com.

CVS Health has also joined with the Partnership for Drug-Free Kids to create the Medication Disposal for Safer Communities Program, which has donated more than 800 units to police departments around the country, collecting more than 100 metric tons of unwanted medication. In September, CVS Health announced it would expand the program to 750 locations inside CVS Pharmacies by mid-2018, for a total of 1,550 safe medication disposal locations.

In that recent announcement, the company also said it would enhance opioid utilization management to align with the CDC Guideline for CVS Caremark PBM clients and members, complementing measures already in place. And, the CVS Health Foundation added a $2 million commitment to previous investments in mitigating prescription drug abuse with support for Community Health Centers providing medication-assisted treatment and other addiction recovery services.

With the addition of Michigan, CVS Pharmacy now dispenses naloxone to patients without an individual prescription in these 46 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Michigan, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia and Wisconsin.

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

Media Contact:
Erin Shields Britt
Corporate Communications
(401) 770-9237
Erin.Britt@CVSHealth.com

SOURCE: CVS Health

CVS Health: opioid overdose-reversal medication naloxone now available without prescription at CVS Pharmacy locations in Delaware

WOONSOCKET, R.I., 2017-Nov-10 — /EPR Retail News/ — CVS Health (NYSE: CVS) announced today (Nov. 9, 2017) that the opioid overdose-reversal medication naloxone is now available without an individual prescription at the 20 CVS Pharmacy locations in Delaware, including those located inside Target stores. CVS Pharmacists will be able to dispense naloxone to patients without an individual prescription under a statewide standing order protocol.

“Naloxone is a safe and effective antidote to opioid overdoses and by expanding access to this medication in our pharmacies in Delaware we can help save lives,” said Tom Davis, RPh, Vice President of Pharmacy Professional Services at CVS Pharmacy. “CVS Health is dedicated to helping the communities we serve address and prevent prescription drug abuse and we are expanding access to naloxone to give more people a chance to get the help they need for recovery.”

“Our first priority is to save lives, and expanding access to this overdose-reversing medication through local pharmacies gives more people in the community the opportunity to help us do that,” said Dr. Karyl Rattay, Director of Delaware Health and Social Services Division of Public Health. “We see no signs of the opioid epidemic slowing and we need all the tools at our disposal to turn the tide.”

Today’s naloxone announcement builds on CVS Health’s commitment to helping communities address and prevent prescription drug abuse by focusing on prevention and safe medication disposal. In 2015, CVS Health launched a community outreach program called Pharmacists Teach, which brings CVS pharmacists to local schools to talk to students about the dangers of drug abuse. More than 300,000 students across the U.S. have already taken part in the program. High school teachers and administrators can learn more about bringing Pharmacists Teach to their school at www.CVSHealth.com.

CVS Health has also joined with the Partnership for Drug-Free Kids to create the Medication Disposal for Safer Communities Program, which has donated more than 800 units to police departments around the country, collecting more than 100 metric tons of unwanted medication. In September, CVS Health announced it would expand the program to 750 locations inside CVS Pharmacies by mid-2018, for a total of 1,550 safe medication disposal locations.

In that recent announcement, the company also said it would enhance opioid utilization management to align with the CDC Guideline for CVS Caremark PBM clients and members, complementing measures already in place. And, the CVS Health Foundation added a $2 million commitment to previous investments in mitigating prescription drug abuse with support for Community Health Centers providing medication-assisted treatment and other addiction recovery services.

With the addition of Delaware, CVS Pharmacy now dispenses naloxone to patients without an individual prescription in these 46 states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Delaware, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia and Wisconsin.

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

Media Contact:
Erin Shields Britt
Corporate Communications
(401) 770-9237
Erin.Britt@CVSHealth.com

SOURCE: CVS Health

Kroger expands its cloud computing portfolio with Google Cloud Platform

CINCINNATI, 2017-Nov-10 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today (Nov. 8, 2017) announced its cloud computing portfolio is expanding with Google Cloud Platform (GCP).

“The adoption of Google Cloud Platform signals our commitment to positioning Kroger as an industry leader for digital programs such as ship-to-home and home delivery,” said Chris Hjelm, Kroger’s Chief Information Officer. “Kroger Technology has been working to accelerate our ability to deliver our business the tools and technology-enabled services that support growth as outlined in our Restock Kroger Plan. The expansion of our cloud computing portfolio will be a foundational cornerstone to current and future initiatives that will drive measurable business value by advancing Kroger’s ability to offer the digital and e-commerce services our customers want most.”

GCP’s portfolio of products, services and tools enables its customers to modernize their operations for today’s digital world. The addition of GCP provides a new pattern that will be available for Kroger and its subsidiaries. Kroger now operates agreements with Google, Microsoft and Pivotal. This portfolio brings a new level of capability that will help Kroger Technology accelerate delivery of new technology-based innovations to better serve customers and to grow the business.

To manage the portfolio, Kroger is creating a cloud enablement team. This talent will focus on different aspects of cloud computing: product management; private and public cloud engineering and operations; cloud architecture; code infrastructure; automation; and security architecture. This team will be comprised of specialized talent, including Kroger Technology associates and external recruits. For more information about Kroger Technology and available career opportunities, visit its job profiles page.

In 2016, Computerworld named Kroger Technology as one of the “100 best places to work in IT.”

At The Kroger Co., we are dedicated to our purpose: to Feed the Human SpiritTM. We are 450,000 associates who serve nearly nine million customers daily in 2,793 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 2,258 pharmacies, 783 convenience stores, 307 fine jewelry stores, 222 retail health clinics, 1,472 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 our 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.

Contact:

(Cincinnati and Dayton, Ohio; northern Kentucky, southeastern Indiana)
Patty Leesemann
513-782-8745
patty.leesemann@kroger.com

SOURCE: The Kroger Co.

Kroger to hire 14,000 part-time and seasonal roles this holiday season

CINCINNATI, 2017-Nov-10 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today announced that it is hiring for an estimated 14,000 part-time and seasonal roles across its family of companies this holiday season. Interested candidates are encouraged to apply at jobs.kroger.com.

“We are delighted to welcome new associates to our team this holiday season,” said Lanell Ohlinger, vice president of talent development. “At Kroger, we have the opportunity to make a difference in the lives of more than nine million customers who shop with us every day. If you love people and you love food, our stores are a wonderful place to help make customers’ lives and celebrations easier and a little bit brighter.”

Talent Development is a core driver of the company’s recently-announced Restock Kroger Plan. As part of Restock Kroger, the company plans to invest an incremental $500 million in human capital over the next three years. This will be in addition to Kroger’s continued efforts to rebalance pay and benefits while also focusing on certifications and performance incentives, career opportunities, and training.

“Now more than ever, Kroger is a great place to come for a job and stay for a great career,” Ms. Ohlinger added.

Kroger also remains committed to hiring veterans, military service members and their families. Kroger has hired more than 43,000 veterans since 2009 and more than 9,600 veterans in 2017.

At The Kroger Co., we are dedicated to our purpose: to Feed the Human Spirit™. We are 450,000 associates who serve nearly nine million customers daily in 2,793 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 2,258 pharmacies, 783 convenience stores, 307 fine jewelry stores, 222 retail health clinics, 1,472 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 our 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.

Contact:

(Cincinnati and Dayton, Ohio; northern Kentucky, southeastern Indiana)
Patty Leesemann
513-782-8745
patty.leesemann@kroger.com

SOURCE: The Kroger Co.

EPA recognizes The Home Depot with a 2017 SmartWay Excellence Award for the fifth consecutive year

ATLANTA, 2017-Nov-10 — /EPR Retail News/ — The U.S. Environmental Protection Agency (EPA) has recognized The Home Depot®, the world’s largest home improvement retailer, with a 2017 SmartWay Excellence Award for the fifth consecutive year. SmartWay recognizes industry leaders in freight, supply chain, environmental performance, and energy efficiency.

A charter member of the EPA’s SmartWay program, The Home Depot utilizes a number of clean transportation best practices including truckload optimization, Greenhouse Gases (GHG) data collecting and reporting, and by requiring that all carriers be current SmartWay® partners.

In 2016, The Home Depot shipped 6,700 fewer trucks, helping to avoid 6.2 metric tons of CO2 emissions. The company audits carriers annually to ensure that data is properly submitted to the EPA.

”We are constantly looking at ways to improve our supply chain and believe that can be done while cutting carbon emissions,” said Michelle Livingstone, vice president of Transportation. “Our carriers are vital to our business and their commitment to sustainability and SmartWay’s standards benefit the entire spectrum of transportation and logistics.”

“Since 2004, EPA and the business community have collaborated through the SmartWay Partnership to reduce the economic and environmental costs of goods movement, a vital sector of our national economy,” said Christopher Grundler, director of the EPA’s Office of Transportation & Air Quality. “This year’s award-winning freight carriers, shippers and third-party logistics companies demonstrate that they can move more goods, more miles, while using less fuel. These firms are not only serving the growing needs of their – they are also doing their part to keep our environment clean and protect human health.”

For a deeper look into Home Depot’s supply chain initiatives, visit                                                           https://corporate.homedepot.com/newsroom/smartway-2017-clean-transportation

To learn more about the SmartWay Excellence Awards program, visit                                                       https://www.epa.gov/smartway/smartway-excellence-awardees.

About The Home Depot
The Home Depot is the world’s largest home improvement specialty retailer, with 2,283 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

About SmartWay®
EPA’s SmartWay Transport Partnership is a market-driven initiative that empowers businesses to move goods in the cleanest, most energy-efficient way possible, while protecting public health and reducing the impacts of climate change. Demonstrating a commitment to corporate sustainability and social responsibility through SmartWay provides for a more competitive and sustainable business environment. Since 2004, SmartWay Partners have avoided emitting more than 94 million metric tons of air pollutants, while saving more than 197 million barrels of oil and $27.8 billion in fuel costs – equivalent to eliminating the annual energy use of over 12 million homes. SmartWay also contributes to cleaner air and healthier citizens by significantly reducing emissions of the pollution that contributes to smog, including fine particulate matter and nitrogen oxides.

For more information, contact:

Aaron Bastian
Corporate Communications Manager
770-384-2892
Aaron_bastian@homedepot.com

Source: The Home Depot