The Iceland Group opens its 53rd The Food Warehouse store; reaches new milestone of 900 stores in UK

London, 2017-Nov-11 — /EPR Retail News/ — The Iceland Group this week reached the new milestone of 900 UK stores, with the opening of the 53rd of its larger stores under The Food Warehouse fascia in South Bristol. The Group has grown its total UK estate by 100 stores in just over four years, creating more than 2,000 new jobs in the process.

The Food Warehouse has been expanding rapidly across the UK since the opening of its first store in September 2014, and has plans to accelerate its growth from the current opening rate of 25 new stores each year. Trading in units of 10-15,000 sq ft, more than twice the size of a typical Iceland high street store, The Food Warehouse offers the full Iceland range complemented by extended ranges of luxury and speciality frozen food, chilled meat and fresh produce, fine wines and craft beers, a wide selection of value bulk packs of grocery products, and selected bargain homeware lines.

Meanwhile the core Iceland estate of 847 UK stores has been benefiting from comprehensive refurbishments at the rate of one per week, bringing new fascias and frontages, digital signage, improved in-store navigation, and new checkouts that are quicker and easier to use for customers and staff alike. Customers are also benefiting from the introduction of new product ranges throughout the stores, from frozen and chilled food to fresh fruit and vegetables, food cupboard staples, and beers, wines and spirits. Three major extensions to existing Iceland stores are due to open before Christmas 2017 and sites for more completely new Iceland stores are being sought throughout the UK, with four already in the pipeline.

Iceland Founder & Executive Chairman Sir Malcolm Walker said: “On 18 November it will be exactly 47 years since I opened the first Iceland store in Oswestry – and back then nine stores looked a towering ambition, never mind 900. I am delighted that we have reached this new milestone as a distinctive British company with a unique culture, fantastic colleagues, and so many great products that you genuinely can’t find anywhere else.

“The Food Warehouse has grown to 53 stores from a standing start in just three years, and is winning many new customers for the Group. The success of our new concept refits in the Iceland estate is also extending our appeal and delivering sales uplifts that give us confidence in our ability to open more new Iceland stores within the UK. We have proven that Iceland and The Food Warehouse can trade successfully together in a growing number of towns and cities, and we look forward with confidence to the future development of both store formats.

“On top of all this we have the UK’s best online shopping service, as attested by our first place in the Which? annual supermarket survey for the last two years, our Online Supermarket of the Year award from The Grocer and Online Retailer of the Year award from the IGD.

“Our major investments of at least £750,000 in each new The Food Warehouse store and over £500,000 in each Iceland refurbishment underline our confidence in the future of our business, and I very much look forward to celebrating the opening of our 1,000th store around the time of Iceland’s 50th anniversary celebrations in 2020.”

About the Iceland Group
The Group comprises Iceland Foods, Iceland Online, The Food Warehouse, Iceland Manufacturing and Iceland International.

Iceland Foods is recognised as the leader in frozen food with 847 Iceland stores across the UK. The company prides itself on being a convenient and friendly place to do the family’s weekly shop, as well as to meet everyone’s daily top-up shopping needs for fresh, chilled and frozen food and groceries. It offers a unique free home delivery service for in-store purchases of £20 or more.

Since 1970 Iceland has been proudly demonstrating to shoppers just how the Power of Frozen can deliver an extensive choice of high quality, great-tasting food from fine sources around the world at great value prices.

With the Power of Frozen at its heart, Iceland naturally generates low levels of food waste. The company is also known as a pioneer in removing artificial colours, flavours and non-essential preservatives from its own label products. It has ranked as one of the UK’s Best Big Companies to Work For in each of the last 11 years, and was number one in both 2012 and 2014.

Iceland Online is a fast-growing nationwide online shopping service that was named the UK’s best in the 2016 and 2017 Which? supermarket surveys, Online Supermarket of the Year in the Grocer Gold Awards 2017 and Online Retailer of the Year in the IGD Awards 2017.

The Food Warehouse is the Group’s chain of 53 larger UK stores, operating on retail parks with ample car parking, and carrying extended ranges of food and drinks, great value bulk packs and outstanding offers on general merchandise.

Iceland Manufacturing is dedicated to the production of meals under the Slimming World brand, sold exclusively through Iceland and The Food Warehouse stores.

Iceland International operates Iceland stores in the Republic of Ireland and Czech Republic, and exports Iceland’s own brand foods to more than 40 countries worldwide, including to a network of franchised stores in The Channel Islands, Spain, Portugal, Malta and Iceland (the country).

ENQUIRIES:
Keith Hann, Director of Corporate Affairs
01244 842228 / 07831 521870 /
kh@keithhann.com

Source: Iceland International

Retail Marketing Services President and CEO David Reid to retire; Matthew Dodson appointed interim

RETAIL MARKETING SERVICES EXECUTIVE DAVID REID TO RETIRE

SACRAMENTO, CA, 2017-Nov-11 — /EPR Retail News/ — Retail Marketing Services, Inc. (RMS) has announced that David Reid, President and Chief Executive Officer, will retire effective November 17, 2017. Matthew Dodson, Executive Vice President for RMS, has been named the company’s Interim President and CEO.

Reid was appointed President and CEO of RMS – the holding company for the California Grocers Association for-profit businesses – after its acquisition by CGA following a merger with the California Independent Grocers Association. The company operates the California Shopping Cart Retrieval Company (CSCRC) and the California Coupon Redemption Center (CCRC). It also operates a shopping cart repair and maintenance business line. RMS is headquartered in Burbank, Calif.

Prior to the acquisition, Reid was President and CEO of CSCRC. He was hired in 2001 as Executive Vice President, and in 2009, he was named President and CEO.

“We appreciate Dave’s many years of dedicated service to both CSCRC and RMS,” said Ron Fong, CGA President and CEO. “We wish him the best.”

Dodson joined CSCRC in 2012 as Executive Vice President and was responsible for managing all business lines, implementing strategic growth plans, budgeting and supervising department directors. He also oversaw the restructuring of the business line for coupon processing.

“Matthew has been associated with the grocery industry through his work with RMS, CSCRC and CGA for almost a decade and has considerable knowledge as it relates to the companies that RMS operates,” Fong said.Prior to CSCRC, Dodson served as Director, Local Government Relations, for the California Grocers Association. His responsibilities included representing the grocery industry before city and county governments throughout Southern California.

“We thank Dave for all of his hard work in completing the RMS merger,” said Kathleen Smith, Chair of RMS.

Contact:

Communications Staff
DAVE HEYLEN
Vice President, Communications
Editor
Media Relations

BILL KAPRELIAN
Associate Editor
Advertising Sales Manager
Tel: (559) 284-9440

Source: California Grocers Association

Kum & Go opens its newest store in Waukee, Iowa

New store on Hickman Road features fresh food and a variety of fuel options

Waukee, IA, 2017-Nov-11 — /EPR Retail News/ — Kum & Go opens the doors Thursday, November 9, at 6 a.m. to its newest store in Waukee, Iowa, at 650 Hickman Road. The 6,000+-square foot store will focus on fresh food and features a variety of unique offerings. To help encourage customers to try those offerings, the first 200 customers will receive a coupon for a free breakfast sandwich or donut!

A key feature of the store is an expanded and open food preparation area that customers can see from the moment they enter. Other location features include:

  • Elevated food experience with Kum & Go’s “Go Fresh Market”
  • Open kitchen layout, clear aisles and easy-to-navigate zones
  • Expansive beer cave and growler station
  • Seating inside and patio seating outside
  • Custom Ampersand sculpture celebrating the sights and attractions of the Waukee community
  • Complimentary Wi-Fi and charging stations for customers
  • Design using energy efficient and sustainable design practices

“This footprint represents everything that Kum & Go strives to be for our associates and for our customers,” said Kum & Go president and CEO Kyle J. Krause. “This is the evolution of our brand promise and business approach. Now customers can truly experience the “more” that we provide.”

The store will be open 24 hours a day. The phone number to the store is 515-300-2201. The phone number to the food area is 515-300-2307.

There are four stores in Waukee. This new store replaces an older store located at 85 4th Street, which is now closed. Kum & Go operates 52 stores in the Des Moines area and 126 in the state of Iowa. Future locations of this food-focused layout are planned for 2017 in Colorado, Iowa, Missouri, Oklahoma and South Dakota.

About Kum & Go, L.C.

For nearly 60 years, Kum & Go has been dedicated to the communities it serves, sharing 10 percent of its profits with charitable causes. For four generations the family-owned convenience store chain has focused on providing exceptional service and delivering more than customers expect. Established in Hampton, Iowa, in 1959, the chain has since grown to employ more than 5,000 associates in more than 400 stores in 11 states (Iowa, Arkansas, Colorado, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota and Wyoming)

MEDIA CONTACT:

Kristie Bell
Director of Communications
Kum & Go
kristie.bell@kumandgo.com
515-457-6266 (office)

Source: Kum & Go

Prada Spa in full transparency with the Italian Tax Authority; admitted to the “Cooperative Compliance Regime”

Milan,, 2017-Nov-11 — /EPR Retail News/ — Prada Spa has been admitted to the “Cooperative Compliance Regime” (as provided for by the Italian Legislative Decree no.128/2015), consisting in an ongoing dialogue in full transparency with the Italian Tax Authority, thereby strengthening the level of certainty on the most relevant tax matters.

Adhering to this regime is part of the broader tax strategy of the Prada Group, which has always been based on risk prevention and commitment to promote a business culture based on fairness and compliance with the law.

This represents an important milestone in the path of cooperation and mutual trust started by Prada with Tax Authorities long ago, being increasingly aware that a transparency-based tax risk management is beneficial to all Group’s stakeholders.

PRADA Group
The PRADA Group – HKSE Code: 1913 – is one of the world leaders in the luxury goods sector where it operates with the Prada, Miu Miu , Church’s and Car Shoe brands in the design, production and distribution of luxury handbags, leather goods, footwear, apparel and accessories. Moreover, in 2014,mPrada Spa acquires 80% of Angelo Marchesi srl, owners of the historic Milanese pastry shop founded in 1824. The Group operates, under licensing agreements, in the eyewear and fragrance sectors. Its products are sold in 70 countries worldwide through a network that included 613 directly operated stores (DOS) at July 31, 2017 and a selected network of luxury department stores, independent retailers and franchise stores.

For further information, please contact:
Prada Press Office
+39.02.541921
ufficio.stampa@prada.com

Source: PRADA Group

Lenta signs contract with Russian fish producer for fresh Karelian trout

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta (LSE, MOEX: LNTA), one of the largest retail chains in Russia, announces that it has signed a contract securing supply of farmed Karelian trout for direct deliveries to its hypermarkets in Moscow and Saint Petersburg.

Lenta is the first Russian retailer to have signed a long-term contract with a major Russian fish producer for trout to be grown in Karelia and delivered directly to its stores. The contract will enable Lenta to have full quality control over the entire supply and farming process while securing immediate farm-to-shelf delivery in the amounts needed. The fish will be delivered fresh to Lenta stores within 24 hours of being caught.

Lenta hypermarkets in Moscow and Saint Petersburg will offer consumers two varieties of fresh Karelian trout – Eco Trout, or trout grown naturally in river conditions closest to its natural habitat, and the lake-grown Choice Trout, farmed utilising special fish-farming nets. Lenta’s trout will be grown in Vuoksi, one of the cleanest water bodies found in the Leningrad Region, and a series of lakes linked to this river. Fish are fed with natural feeds and go through a multi-stage quality control before shipping. For our customers’ convenience, all fish will be sold gutted.

Lenta’s Commercial Director Herman Tinga said:
“While Russian consumers traditionally have a liking for fish, and restaurant consumption of fish in general is on the up, for ordinary shoppers it can still be difficult to find a good quality source of diversified fish products. Customers already know Lenta as a reliable source of high quality fish, with product selection already including nearly 60 SKU of fresh fish in all of Lenta’s hypermarkets across Russia, ranging from ordinary pollock to exotic barramundi. With this new partnership, we go one step further in offering a branded product which will be unique in freshness and quality, specifically grown for Lenta to our exacting standards”.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 206 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,234,420 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 40,400 people as of 30 June 20171.

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

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

For further information please visit www.lentainvestor.com

Contact:

Lenta
E-mail: pr@lenta.com

NW Advisors
Russian Media:
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

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

Source: Lenta

RUSSIA: Lenta further expands in Nizhniy Novgorod with fourth hypermarket opening

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its fourth hypermarket in Nizhniy Novgorod. The store opened on premises formerly operated by NASH hypermarket.

The new store is a Lenta compact format hypermarket located at 11 Kominterna street, Nizhniy Novgorod. The store has a total area of 8,818 sq.m with 4,483 sq.m of selling space and is open around-the-clock, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Nizhniy Novgorod and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 1,000 parking spaces and 20 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

This opening in Nizhniy Novgorod is Lenta’s fifteenth hypermarket opening in 2017 and brings the total number of Lenta stores to 206 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 206 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,234,420 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 40,400 people as of 30 June 20171.

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

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

For further information please visit www.lentainvestor.com

Contact:

Lenta
E-mail: pr@lenta.com

NW Advisors
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

Международные СМИ:
FTI Consulting
Леонид Финк
Тел.: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

RUSSIA: Lenta opens new hypermarket in Perm

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its second hypermarket in Perm.

The new store is a Lenta compact format hypermarket located at 105 Geroev Khasana street, shopping center “Chocolate”, Perm. The store has a total area of 11,600 sq.m with 6,004 sq.m of selling space and is open around-the-clock, seven days a week. A broad product assortment of 20,500 SKUs has been selected specifically for residents of Perm and includes Lenta’s private labels and federal product ranges alongside local produce. The store has 530 parking spaces and 34 cash registers including 4 self-checkout lanes. The property is leased by Lenta.

This opening in Perm is Lenta’s fourteenth hypermarket opening in 2017 and brings the total number of Lenta stores to 205 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 205 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,229,937 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 40,400 people as of 30 June 20171.

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

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

For further information please visit www.lentainvestor.com

Contact:

Lenta
E-mail: pr@lenta.com Russian media:
NW Advisors
Anton Karpov & Victoria Afonina
Тel:+7 (495) 795 06 23
E-mail: lenta@nwadvisors.com

International media:
FTI Consulting
Леонид Финк
Тел.: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

Russian retailer Lenta to purchase 22 supermarkets in Siberia from Holiday Group

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta Ltd, (LSE, MOEX: LNTA / “Lenta” or the “Company”), one of the largest retail chains in Russia, is pleased to announce an agreement has been reached with the Holiday Group to purchase 22 supermarkets in the Siberia region.

Assets
The assets to be acquired consist of 22 owned supermarkets currently operated under the “Holiday Classic”, “Kora” and “Holdy” brands. 11 of the stores are located in Novosibirsk, 7 in Kemerovo and 4 Barnaul. The average selling space per store is around 800 square meters, giving total selling space of approximately 18 thousand square meters. The stores are compatible with Lenta’s supermarket format in terms of size and layout, and the locations are complementary to Lenta’s existing stores.

Lenta’s Chief Executive Officer, Jan Dunning said:
“Lenta is pleased to announce an agreement to acquire 22 supermarkets in Siberia from the Holiday Group. This transaction will significantly strengthen our network in Siberia, giving many more customers the opportunity to shop at a Lenta store close to their homes. The stores all have good urban locations and are complementary to Lenta’s existing network.

Siberia is an important region for Lenta. The company opened its first hypermarket in Novosibirsk in 2006 and its first supermarket in the city earlier this year. We currently operate 36 hypermarkets and 4 supermarkets across Siberia, served by our distribution centre in Novosibirsk.

While Lenta remains primarily focused on organic expansion, we are happy to supplement this by acquiring high quality existing stores when suitable opportunities arise. We have a strong track record of successful integration and look forward to welcoming former Holiday store employees into the Lenta family. The stores will be refurbished and rebranded over the next few months.”

Approvals and integration
All the stores are expected to transfer to Lenta ownership before year end 2017. The transaction does not require any regulatory approvals.

The stores will be closed temporarily for refurbishment and rebranding as Lenta stores, with all works expected to be completed by end March 2018.

Lenta 2017 Guidance
Lenta’s existing guidance of about 50 supermarket openings in 2017 with capital expenditure in the range of RUB 30-35bn remains unchanged.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 204 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,223,933 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 40,400 people as of 30 June 2017.

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

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

Forward looking statements:
This announcement includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond Lenta’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of Lenta speak only as at the date of this announcement. Save as required by any applicable laws or regulations, Lenta undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

For further information please visit www.lentainvestor.com

Contact:

Lenta
E-mail: pr@lenta.com Russian media:
NW Advisors
Anton Karpov & Victoria Afonina
Тel:+7 (495) 795 06 23
E-mail: lenta@nwadvisors.com

International media:
FTI Consulting
Леонид Финк
Тел.: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com

Source: Lenta

RUSSIA: Lenta opens new hypermarkets in Chelyabinsk and in Rostov-on-Don

St. Petersburg, Russia, 2017-Nov-11 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its sixth hypermarket in Chelyabinsk and its fourth hypermarket in Rostov-on-Don. Both stores open on premises previously operated by NASH hypermarkets, as the result of long-term lease agreement with MCapital and OTZR signed in July.

The new stores are Lenta compact format hypermarkets. The first store is located at 136 Artilleriyskaya street, shopping center ‘’Gorki’, Chelyabinsk. The store has a total area of 10,900 sq.m with 6,108 sq.m of selling space and is open from 8 am to 11 pm, seven days a week. The store has 1,460 parking spaces and 26 cash registers including 4 self-checkout lanes.

The store in Rostov -on-Don is located at 17 Nagibina street, shopping center “RIO”. The store has a total area of 7,426 sq.m with 5,655 sq.m of selling space and is open around-the-clock, seven days a week. The store has 200 parking spaces and 29 cash registers including 4 self-checkout lanes.

Both stores offer a broad product assortment of 20,500 SKUs which has been selected specifically for residents of these two cities and includes Lenta’s private labels and federal product ranges alongside local produce. Properties in Chelyabinsk and Rostov-on-Don are leased by Lenta

These openings in Chelyabinsk and Rostov-on-Don are Lenta’s twelfth and thirteenth hypermarket openings in 2017 and bring the total number of Lenta stores to 204 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 204 hypermarkets in 79 cities across Russia and 69 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,223,933 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.
The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 40,400 people as of 30 June 20171.

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

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

For further information please visit www.lentainvestor.com

Contact:
Lenta
E-mail: pr@lenta.com

NW Advisors
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

Source: Lenta

Nicola Glass named Creative Director of Kate Spade

NEW YORK, 2017-Nov-11 — /EPR Retail News/ — Tapestry, Inc. (NYSE:TPR) (SEHK:6388), a leading New York-based house of modern luxury accessories and lifestyle brands, today (Nov. 8, 2017) announced the appointment of Nicola Glass as Creative Director of Kate Spade. She is expected to join the company early in the new calendar year, and will succeed Deborah Lloyd, the brand’s current creative director who, in the wake of the Tapestry, Inc.acquisition, made the decision to exit the brand in 2018. Ms. Glass will ultimately report to the Brand President and Chief Executive Officer of Kate Spade, a role currently held by Tapestry, Inc.’s Chief Executive Officer, Victor Luis, in an interim capacity. Ms. Glass will be responsible for leading all creative aspects of the Kate Spade brand, including all product design, brand imagery and store environments.

“The appointment of Nicola Glass marks an important milestone in the next chapter of the Kate Spade brand,” said Victor Luis, Chief Executive Officer of Tapestry, Inc. “There are very few creative executives like her, who have both the talent to lead creative teams and the appreciation and understanding of how to scale a growing handbag and accessories-driven business. We are extremely pleased that she will be leading the strong creative team already in place, while bringing her unique aesthetic and personal style to Kate Spade. Nicola fully understands the feminine, fun and fashionable style of Kate Spade and is excited to bring its distinctive style to global audiences. Her depth and breadth of experience will be an invaluable asset to the business in general – and especially the design and brand teams – as we grow and develop the business globally.”

Ms. Glass joins Kate Spade from Michael Kors where she currently holds the role of Senior Vice President of Accessories Design overseeing all design and development of Michael Kors Collection and MICHAEL Michael Kors. She leads a team including all accessory, hardware and technical design, and is responsible for sourcing and developing all leathers and fabrics. Ms. Glass has been with Michael Kors since 2004, contributing to the business and holding successively more senior roles over her 13-year tenure with the company. Prior to Michael Kors she worked at Gucci as an accessories designer. Ms. Glass holds a Masters of the Arts in Fashion Accessories from the Royal College of Art, London.

Victor Luis added, “Nicola’s sensitivity and appreciation of Kate Spade along with her leadership skills, and deep design experience, uniquely qualify her to provide creative direction for Kate Spade. I am confident that her expertise – grounded in accessories – will enable her to build upon the brand’s fun, feminine and fashionable positioning to create innovative product and brand imagery, delighting customers in a singularly Kate Spadeway, full of color and playful sophistication.”

“I’m very honored to be joining Kate Spade as the new Creative Director,” said Ms. Glass. “It is a brand I’ve long admired and I look forward to leading the team in this next chapter of Kate Spade’s evolution and growth.” Ms. Glass will succeed Deborah Lloyd, who has been President and Chief Creative Officer of Kate Spade since November 2007. “We have great admiration for Deborah’s accomplishments and her vision and creative leadership have been instrumental to the growth of Kate Spade,” said Victor Luis. “We wish her every success in the future and look forward to welcoming Nicola.”

Tapestry, Inc. is a New York-based house of modern luxury lifestyle brands. The Company’s portfolio includes Coach, Kate Spade and Stuart Weitzman. Our Company and our brands are founded upon a creative and consumer-led view of luxury that stands for inclusivity and approachability. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies. To learn more about Tapestry, please visit www.tapestry.com. The Company’s common stock is traded on the New York Stock Exchange under the symbol TPR. The Company’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.

Neither the Hong Kong Depositary Receipts nor the Hong Kong Depositary Shares evidenced thereby have been or will be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States or to, or for the account of, a U.S. Person (within the meaning of Regulation S under the Securities Act), absent registration or an applicable exemption from the registration requirements. Hedging transactions involving these securities may not be conducted unless in compliance with the Securities Act.

This information to be made available in this press release may contain forward-looking statements based on management’s current expectations. Forward-looking statements include, but are not limited to, statements that can be identified by the use of forward-looking terminology such as “may,” “will,” “can,” “should,” “expect,” “intend,” “estimate,” “continue,” “project,” “guidance,” “forecast,” “anticipate,” “moving,” “leveraging,” “developing,” “driving,” “targeting,” “assume,” “plan,” “pursue,” “look forward to,” “achieve” or comparable terms. Future results may differ materially from management’s current expectations, based upon a number of important factors, including risks and uncertainties such as expected economic trends, the ability to anticipate consumer preferences, the ability to control costs and successfully execute our transformation and operational efficiency initiatives and growth strategies and our ability to achieve intended benefits, cost savings and synergies from acquisitions, etc. Please refer to the Company’s latest Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission for a complete list of risks and important factors.

Analysts & Media:
Andrea Shaw Resnick
212-629-2618
Global Head of Investor Relations and Corporate Communications

Christina Colone
212-946-7252
Senior Director, Investor Relations

Source: Tapestry, Inc.

GameStop PRO DAYS: a jump-start on holiday deals, Nov. 10-12

PRO DAYS offer more than $2,300 in pre-Black Friday savings

GRAPEVINE, Texas, 2017-Nov-11 — /EPR Retail News/ — While other retailers are revealing their Black Friday deals, GameStop is giving gamers and savvy shoppers a jump-start on holiday deals this weekend. During PRO DAYS, Nov. 10-12, PowerUp Rewards Pro and Elite Pro members will have exclusive access to a bonus Black Friday sale, including amazing sales on the year’s hottest games, accessories, consoles and collectibles. PRO DAYS sale gives gamers the opportunity to make a dent on their holiday wish lists long before retail madness begins.

Total PRO DAYS deals offer more than $2,300 in savings on a huge selection of new and pre-owned games and gear. The full list of PRO DAYS sales is available at www.Gamestop.com/PRODAY.

  • HARDWARE: Hundreds in savings on Xbox One S Console Bundles
    • Xbox One S 1TB Console Bundle + $50 GameStop Gift Card and up to two FREE games
    • Xbox One S 1TB Console Bundle + Samsung 40” 4K Ultra HD Smart TV ($300 savings)
  • GAMES: Up to 50% off top titles for Xbox and PS4, including:
    • Destiny 2: $39.99
    • Horizon Zero Dawn: $19.99
    • Fallout 4 (GOTY): $29.99
    • Middle Earth Shadow of War: $39.99
    • Assassin’s Creed Ezio Edition: $24.99
    • Injustice 2: $29.99
    • Lego Ninjago: $39.99 (also available for Nintendo Switch)
    • Grand Theft Auto V: $29.99
    • The Evil Within 2: $29.99
    • The Elder Scrolls Morrowind: $24.99
    • Call of Duty Black Ops III Zombies Edition: $44.99
  • ACCESSORIES: Up to $30 off headphones, controllers, charging blocks and more
  • STOCKING STUFFERS: Buy 1, Get 2 FREE on ALL clearance apparel and collectibles
  • FUNKO: Buy 3, Get 1 FREE Funko POP! figures
  • TRADE: Up to 30 percent more credit on games, accessories and electronics
  • PRE-OWNED: Up to 30 percent off pre-owned games and accessories

Gamers can win big during PRO DAYS, but Pro members get great deals and offers all year-round, and with GameStop’s new Elite Pro level, members can cash in on even more savings and instant rewards. Gamers who boost their membership from Pro to Elite Pro get 10 more points for every dollar spent, double the savings on pre-owned games and accessories and double the trade-in value on games, accessories and tech—in addition to free two-day shipping for online purchases.*

Customers can enroll in PowerUp Rewards at their local GameStop to immediately start scoring points, discounts, invitations to exclusive events, advanced notice of sales, promotions and other offers. Members can upgrade to the Pro tier for an annual fee of $14.99 or 15,000 PowerUp Rewards points, or the Elite Pro tier for $29.99 or 30,000 points.**

*Minimum purchase of $35
**Fees are prorated for members who upgrade from Pro to Elite Pro for the time remaining on their membership

About GameStop

GameStop, the world’s largest video game retailer, offers the best selection of new and pre-owned video gaming consoles, accessories and video game titles, in both physical and digital formats. GameStop also offers fans a wide variety of pop vinyl toys, collectibles, board games and more. Through GameStop’s unique buy-sell-trade program, gamers can trade in video game consoles, games, and accessories, as well as consumer electronics for cash or in-store credit. The company operates thousands of locations nationwide, and fans can find their local GameStop using the store locator tool.

To get the latest news on video gaming and gear, follow GameStop on Twitter, Facebook and Instagram, GameStop, EB Games, and Micromania is part of GameStop Corp. (NYSE:GME), a global specialty retailer that makes the most popular technologies affordable and simple.

Contact:
Alexis Barsalou
GameStop Public Relations
817-424-2117
alexisbarsalou@gamestop.com

Source: Gamestop Corporation/globenewswire

Esprit inaugurates the “YES Center – Youth Empowerment through Skills” educational center in Multan, Pakistan

NEW CENTER FOR “YOUTH EMPOWERMENT THROUGH SKILLS” – PROMOTION OF GIRLS AND YOUNG WOMEN’S ECONOMIC INDEPENDENCE –  OFFICIAL INAUGURATION CEREMONY ON 8 NOVEMBER 2017 IN THE PRESENCE OF LOCAL AUTHORITIES AND NGOS.

Ratingen, Germany, 2017-Nov-11 — /EPR Retail News/ — Within the context of its comprehensive sustainability strategy, Esprit launched the “YES Center – Youth Empowerment through Skills” educational project in autumn 2016. Its purpose is that of conveying important competences to young people in supplier countries, thereby allowing them an economically-independent and self-determined life. Following the successful opening of the first school in Bangladesh in 2016, the official inauguration ceremony of the second YES Center in Pakistan takes place on 8 November 2017. The Yes Center in Pakistan is a school for girls only. It aims to promote the economic independence of girls and young women and, as such, to contribute in combatting poverty in Pakistan.

Esprit shares the self-concept of the United Nations, seeing high-quality education as one of the most important interventions toward more peace, prosperity, health, equality and fairness. Therefore, the company took the decision to sponsor selected supplier countries for two years. After the opening of the first schools in Cox’s Bazar and Dhaka in Bangladesh in 2016, this is now followed by another school in Pakistan. The girl’s school, which is located in the Multan district in South Punjab, will be officially inaugurated on the 8th of November in the presence of local authorities and representatives of NGOs.

All in all, 430 students between the age of 15 and 22 years are to be educated. All measures have the goal of strengthening the young girls’, women’s and female entrepreneurs’ competences in Pakistan. Knowledge and know-how transfer, as well as good technical equipment on site are to facilitate women entering regional and international markets. In the coming two years, they will acquire knowledge in different areas that will prepare them for the labor markets and convey the skills that are needed to be in a position to act independently.

The funding of the YES Center was made possible by the Esprit Cares Trust, which was founded in 1993 with the objective of supporting charity-related activities. All projects funded through the Esprit Cares Trust are committed to charitable activities. The YES Center was initiated by Esprit and the YOU Foundation. Until the end of 2018, three additional YES Centers will be opened in Vietnam and India as well as another location in Bangladesh.

Contact:

corporate communications
Hartmut Schultz (HQ & Europa)
t +49 89 9924 9620
office-de@schultz-kommunikation.com

Source: Esprit

Dunkin’ Brands earns 90% in its debut on the 2018 Corporate Equality Index

Dunkin’ Brands Earns 90% on Human Rights Campaign Foundation’s 16th Annual Scorecard on LGBTQ Workplace Equality

Canton, Mass., 2017-Nov-11 — /EPR Retail News/ — Dunkin’ Brands, Inc. the franchisor of Dunkin’ Donuts and Baskin-Robbins, received a score of 90% in its debut on the 2018 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices relating to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. Dunkin’ Brands’ score reflects a commitment to LGBTQ workplace equality, with respect to tangible policies, benefits, and practices, and the company plans to continue increasing its commitment to inclusion moving forward.

“At Dunkin’ Brands, we are committed to improving the diversity of our employee base and to fostering an inclusive environment for all,” stated Rich Emmett, Chief Legal and Human Resources Officer, Dunkin’ Brands. “We’re very proud to have scored a 90% in our debut on the 2018 Corporate Equality Index, and will strive to reach 100% in future years.”

The 2018 CEI rated hundreds of businesses in the report, which evaluates LGBTQ-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs and public engagement with the LGBTQ community. Dunkin’ Brands’ efforts in satisfying all of the CEI’s criteria results in a 90 percent ranking. Dunkin’ Brands CEI responses reflect only its own policies and practices. All Dunkin’ Donuts and Baskin-Robbins restaurants are independently owned and operated by franchisees, business owners who are solely responsible for their own workplace policies and practices.

For more information on the 2018 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.

About The Human Rights Campaign Foundation

The Human Rights Campaign Foundation is the educational arm of America’s largest civil rights organization working to achieve equality for lesbian, gay, bisexual transgender and queer people. HRC envisions a world where LGBTQ people are embraced as full members of society at home, at work and in every community.

About Dunkin’ Brands

With more than 20,000 points of distribution in more than 60 countries worldwide, Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) is one of the world’s leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of the third quarter 2017, Dunkin’ Brands’ 100 percent franchised business model included more than 12,400 Dunkin’ Donuts restaurants and more than 7,900 Baskin-Robbins restaurants. Dunkin’ Brands Group, Inc. is headquartered in Canton, Mass.

CONTACT INFORMATION:

Name: Justin Drake
Phone: 781-737-5200
Email: press@dunkinbrands.com

Source: Dunkin’ Brands Group, Inc.