BRC-KPMG RETAIL SALES MONITOR APRIL 2014: UK retail sales up 4.2% on like-for-like basis from April 2013

LONDON, 2014-5-13 — /EPR Retail News/ — UK retail sales were up 4.2% on a like-for-like basis from April 2013, when they had decreased 2.2% on the preceding year. On a total basis, sales were up 5.7%, against a 0.6% fall in April 2013. Growth was positively distorted by the timing of Easter.

Furniture & Flooring was the best performing category, reporting its highest growth since Easter 2006. Strong growth was also recorded in Other Non-Food and Children’s fashion.

Including both the positive and the negative distortions from Easter, the 12-month total sales growth now stands at 2.8%, ahead of the average CPI over the 12 months to March at 2.3%.

Online sales of non-food products in the UK grew 11.2% in April versus a year earlier. The Non-Food online penetration rate was 16.1% in April, the lowest since April 2013.

Helen Dickinson, Director General, British Retail Consortium, said: “Retail sales growth for the twelve months to April showed a healthy increase of 2.8 per cent compared to the twelve months to April 2013. There are now clear signs that the retail economy is expanding as retailers offer great new products and competitive prices to consumers who are still watching their spending very closely.

“As anticipated, the Easter break introduced a positive distortion into the April 2014 comparable figures (as the holiday fell in March in 2013) and so April sales were up by 5.7 per cent. However what we can say for certain, is that customers responded well to great deals and good ranges in children’s clothes, DIY products and furniture, although volumes of food sales did not rise significantly. As the Online Retail Sales Monitor shows, customers took advantage of the holidays to visit and buy their products in stores, which is a useful reminder that people still very much enjoy the great experience of shopping in store as well as online.”

David McCorquodale, Head of Retail, KPMG, said: “Strong April sales figures may have benefitted from Easter falling late this year but it is clear that the effects of the wider economic recovery are feeding through to the retail sector, as evidenced by the 3.3 per cent rise in non-food sales in the last quarter. The clothing and footwear segments performed well over the Spring months, benefitting from milder weather than last year.

“The renewed confidence in the housing market inspired homeowners to invest in their property once again during April. Sales of furniture and flooring increased over the Easter break as consumers not only had the confidence to refresh their décor, but also to invest in big ticket items.

“The food sector remained competitive with grocers slashing prices to attract customers. The last three months’ figures, which eliminate the distortion of Easter’s timing, reveal that total food sales have been flat at best. Price wars may be good news for the consumers but mean that grocers have to urgently re-think business models to maintain margins.

“After splashing out at Easter shoppers may be more restrained in the forthcoming months as they keep a keen eye on cash. However, if we have fine weather and the good economic news keeps coming, this should give retailers the momentum they need to drive sales of summer stock.”

British Retail Consortium, 21 Dartmouth Street, Westminster, London, SW1H 9BP. 020 7854 8900. info@brc.org.uk.

NACS names Nancy Cuellar-Gochez as its IT coordinator

ALEXANDRIA, VA, 2014-5-13 — /EPR Retail News/ — Nancy Cuellar-Gochez has joined NACS as IT coordinator. Cuellar-Gochez comes to NACS from NCR Corporation where she was a customer engineer. Earlier in her career, Cuellar-Gochez worked at ITT Technical Institute.Cuellar-Gochez earned an associate of applied science degree in computer networking systems and a BS in information systems and cybersecurity from ITT Technical Institute.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 151,000 stores across the country, posted $696 billion in total sales in 2013, of which $491 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

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World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

  • The world’s fifth largest mail-order retailer of musical instruments and technical equipment picks Intershop—again
  • Top selling points of the Intershop 7 omni-channel commerce solution: the smart promotion framework, high scalability, and great flexibility

Jena, Germany, 2014-5-13 — /EPR Retail News/ — Music Store confirms the value of its cooperation with Intershop: For eight years now, the world’s fifth largest music retailer has trusted in the technology and expertise of Intershop—the leading independent provider of omni-channel commerce solutions—to implement its online strategy. Now it is time for an upgrade, so Music Store is switching to Intershop 7.4, the current platform version. Intershop implementation partner dotSource is supporting Music Store in this migration project.

The high scalability and outstanding performance of the new solution is essential for Music Store’s ambitious growth trajectory. Not only does the company run Europe’s largest music store, generating annual revenues of 110 million euros, it has also operated a fully automated high-bay warehouse since 2011. There, in a space spanning 25,000 m2, it stores products to be shipped worldwide. Together with the Intershop platform, this represents the heart of a state-of-the-art omni-channel strategy in which the online store and the world of music housed in the warehouse work together to yield significant profits.

Intershop 7.4 also affords the music retailer the advantage of comprehensive functions for marketing and merchandising that can be used to design customized and highly targeted promotions and campaigns. This makes it easy for Music Store to offer its customers individualized products and, by combining these with attractive pricing, to reinforce its position in the European market.

“After many months of exhaustively evaluating all shop systems available on the market, we decided to go for Intershop once again, because the solution meets our specific requirements perfectly,” emphasizes Michael Sauer, owner and CEO of Music Store A. Sauer GmbH. “Intershop has formed the basis for the consistent expansion of our online store in the past. The new shop platform will allow us to respond even more flexibly to individual customer needs in the future and to press on with our growth strategy, both in Germany and abroad.”

Music Store acquired music dealer DV 247 a year ago. Now, Intershop 7’s multi-client capability allows DV 247’s website to be efficiently controlled from the same platform as the new online shop of Music Store. Outwardly, however, all British customers see is the familiar brand identity of DV 247.

“The many successful years of collaboration with Music Store prove that Intershop solutions are attractive for ambitious mid-sized enterprises as well,” adds Jochen Moll, CEO of Intershop Communications AG. “Our highly scalable commerce platform is designed to adapt easily and flexibly to the business growth of our customers—whether that means significantly expanding the product range, capturing new markets, or adding new sales channels.”

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services including online marketing. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

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World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

World’s fifth largest music retailer Music Store upgrades to Intershop 7.4

7-Eleven launches Mustache Straws and Mason Jar Mugs for Slurpee® drink this summer

Dallas, 2014-5-13 — /EPR Retail News/ — It was only a matter of time. They’re seemingly everywhere – on party supplies, clothing, jewelry, candy, decals, at ‘stache bashes, in party photo booths, even on cars and baby pacifiers.

Now, mustaches are on Slurpee® drink straws too, the perfect accompaniment to this summer’s new, novelty Slurpee cup – a 26-ounce refillable, plastic Mason jar mug. Both on-trend Slurpee accessories, sold separately, are made for summer fun and available exclusively at participating 7-Eleven® stores.

Retailing for 99 cents, the mustache straw comes in four styles and colors. The suggested retail price for the clear Mason jar mug with a colorful screw-top lid, reusable straw (sans mustache) and Slurpee logo is $2.99. The retro-like cup also comes in four colors – blue, green, orange or pink. The first Slurpee comes free with purchase of the Mason jar mug, and refills are discounted.

“Slurpee-lovers of all ages will have fun sporting their favorite ‘stache straw with a mason jar mug, and enjoying a Slurpee drink is all about fun and flavor,” said Laura Gordon, 7-Eleven vice president of brand innovation and marketing. “While everyone loves Slurpee drinks year-round, summertime is definitely Slurpee season. I suspect we will see lots of Slurpee mustache photos on Instagram, Facebook and Twitter (@slurpee or @7eleven).

“People in our office have unofficially named the four mustache styles,” Gordon said. “The British, the handlebar, the Hogan after wrestler Hulk Hogan, and the Swanson, as in Ron Swanson, a character on NBC’s “Parks and Recreation” sit-com series played by Nick Offerman. I think it will be interesting to see which mustaches sell best. Of course, people can buy all four to match their Slurpee moods or if they want to slurp incognito.”

Colorful, tongue-in-cheek 7-Eleven billboards in select markets feature a costumed man and animals sporting Slurpee ‘staches. The mustache straws and Mason jar mugs will be available at participating 7-Eleven stores during the summer while supplies last.

About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 10,300 7-Eleven® stores in North America. Globally, there are some 52,500 7-Eleven stores in 16 countries. During 2012, 7-Eleven stores generated total worldwide sales close to $84.8 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Franchise Times Top 200 Franchise Companies for 2013; #3 spot on Entrepreneur magazine’s Franchise 500 list for 2012, and #3 in Forbes magazine’s Top 20 Franchises to Start. 7-Eleven is No. 3 on Fast Company magazine’s 2013 list of the “World’s Top 10 Most Innovative Companies in Retail” and among the Top Veteran-Friendly Companies for 2013 by U.S. Veterans Magazine and on GI Jobs magazine’s Top 100 Military Friendly Employers for 2014. Hispanic Magazine named 7-Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.

CONTACT:
Margaret Chabris
7-Eleven, Inc.
972-828-7285
margaret.chabris@7-11.com

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7-Eleven launches Mustache Straws and Mason Jar Mugs for Slurpee® drink this summer

CBRE Group welcomes Richard Barkham as the company’s Global Chief Economist

Los Angeles, 2014-5-13 — /EPR Retail News/ — CBRE Group Inc. today announced that Richard Barkham, PhD, will join the company on June 16 as Global Chief Economist.  Dr. Barkham, a 16-year veteran of the real estate industry, will be based in London and will report to Nick Axford, PhD, CBRE’s Global Head of Research.

“We are very excited that Richard has joined our Research team at CBRE,” Dr. Axford said. “He is regularly sought out for his views on commercial real estate, and his insights on the interaction between macroeconomic trends, strategy and real estate market conditions are second to none. I look forward to working with Richard and our global Research team to advance CBRE’s reputation as the foremost authority on commercial real estate worldwide.”

“Richard is a premier real estate economist,” added Mike Lafitte, CBRE’s Chief Operating Officer.  “His addition to our Research team reflects our deep commitment to providing clients with the most thoughtful perspective on market conditions and trends.  Our clients and our professionals will benefit enormously from his broad-ranging knowledge and expertise.”

As CBRE’s Global Chief Economist, Dr. Barkham will work with CBRE’s senior executives to lead the development of the company’s view on global economic, financial and real estate market trends, and will focus on building the company’s reputation for thought leadership, including publishing leading-edge articles and market commentaries and speaking before industry and client groups. In addition, he will work with Dr. Axford and CBRE’s Regional Research Heads to coordinate the analytical activities of the company’s research teams around the world.

A specialist in global macroeconomics and real estate strategy, Dr. Barkham comes to CBRE from Grosvenor, a leading international investor in global real estate based in London.  Dr. Barkham has served as Grosvenor’s Group Research Director since 2006, where he has focused on real estate risk analysis, long-range forecasts, and capital allocation, supervising the work of 12 professional economists. He has also served as Non-Executive Director of Grosvenor Fund Management (GFM) since 2011, working on investment strategy, new fund development, marketing and client relations.  GFM is an international business with circa $5 billion of third party capital under management. He joined Grosvenor in 2000 as Research Director for Britain & Ireland.

Dr. Barkham is a visiting professor of Real Estate Economics at University College London.   Earlier in his career, Dr. Barkham taught at Europe’s leading real estate school, the University of Reading’s Department of Land Management. He is the author of two books – one on real estate and globalization, the other on entrepreneurship economic development – and numerous articles on real estate investment and global real estate markets.

Dr. Barkham earned his Doctorate in Economics from the University of Reading.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

CBRE honored with 11 national awards and named Best Property Consultancy at the 2014 Asia Pacific Property Awards

Hong Kong, 2014-5-13 — /EPR Retail News/ — BRE received 11 national awards and the peak regional award for Best Property Consultancy for the second year running at the prestigious Asia Pacific Property Awards 2014.

CBRE New Zealand was named Best Property Consultancy and will now compete against other regional winners from Africa, Arabia, Europe, UK and the Americas to find the ultimate World’s Best Property Consultancy. The global winner will be revealed at an awards ceremony in Dubai during December 2014.

It is the second year running that CBRE has received the peak regional award, following last year’s win by CBRE Japan.

CBRE was also named as Best Property Consultancy in six countries: Australia, South Korea, Taiwan, Thailand, Vietnam and New Zealand and received Highly Commended awards in China, Hong Kong, India, Japan, Philippines and Singapore.

CBRE CEO, Asia Pacific, Danny Queenan said; “Winning both the Best Property Consultancy for New Zealand and the Best Property Consultancy for Asia Pacific is an outstanding achievement. Our professionals work hard every day to deliver the best real estate services to our clients, and these accolades are a testament to their efforts.”

Other national winners and highly commended awards were as follows:

Lettings Agency, Best – CBRE Philippines

Lettings Agency, Best – CBRE Thailand

Lettings Agency, Highly Commended – CBRE Vietnam

Property Consultancy Website, Best – CBRE Thailand

Property Consultancy Website, Highly Commended – CBRE Philippines

Real Estate Agency, Best – CBRE Philippines

Real Estate Agency, Best – CBRE Thailand

Real Estate Agency, Highly Commended – CBRE Vietnam

Real Estate Agency Website, Highly Commended – CBRE Thailand

Announced on 9th May 2014 in Kuala Lumpur, Malaysia, the Asia Pacific Property Awards are part of the long-established International Property Awards and the logo is recognized as a symbol of excellence throughout the global industry.

Judging is carried out through a meticulous process involving a panel of over 70 experts covering every aspect of the property industry.

About International Property Awards
The International Property Awards are open to residential and commercial property professionals from around the globe.  Since 1995, they have celebrated the highest levels of achievement by companies operating in all sectors of the property and real estate industry.  The awards are split into regions covering Africa, Asia Pacific, Arabia, Canada, Caribbean, Central and South America, Europe, UK and USA.  The highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world’s finest property companies.  An International Property Award is a world-renowned mark of excellence. Judging is carried out through a meticulous process involving a panel of over 70 experts covering every aspect of the property business.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.​

For Further Information

Kathryn House
Communications Director
T +61 2 9333 3585
email

Harry Thompson
Manager, Communications, Asia
T +852 2820 1416
email

CBL & Associates Properties, Inc. sells Lakeshore Mall in Sebring Florida for $14.0 million

CHATTANOOGA, Tenn., 2014-5-13 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) announced that it has closed on the sale of Lakeshore Mall in Sebring, FL, to a private buyer for $14.0 million.

“We are pleased to advance our strategic objective of selling lower productivity malls with the disposition of Lakeshore Mall,” said Stephen Lebovitz, CBL’s president & chief executive officer. “We are also achieving progress with our additional disposition efforts and look forward to making announcements over the coming months.”

Margaret Caldwell and Kris Cooper of Jones Lang LaSalle represented CBL in the transaction.

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 150 properties, including 90 regional malls/open-air centers. The properties are located in 30 states and total 86.9 million square feet including 6.3 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

Forward-Looking Statements
Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

Contact: Katie Reinsmidt, Senior Vice President – Investor Relations and Corporate Investments, 423.490.8301,katie_reinsmidt@cblproperties.com

Philippines: SM Development Corporation opens Sun Mall

Pasay City, Philippines, 2014-5-13 — /EPR Retail News/ — Crowds flocked to the opening of Sun Mall, the newest retail podium within SM Development Corporation’s (SMDC) condominium development, Sun Residences.

Sun Mall spans a gross floor area of 15,000 square meters and offers a variety of commercial and retail stores. With its line-up of service and retail establishments such as flagship SM Hypermarket, Watsons, and BDO, as well food stores and specialty shops, residents will have a variety of options to choose from to satisfy their needs and provide utmost convenience.

Among the food concepts in Sun Mall are The Happy Bakery, the first inline store of Happy Dizon of the Dizon family behind Dizon Farms. Happy Bakery will serve breads, cakes, soups, salads and sandwiches; Chef Lau’s Pugon Roasters of Chef Rolando Laudico is a “fast good” restaurant that serves firebrick oven-roasted traditional Filipino dishes like roast chicken, pork liempo and beef at affordable prices. Gong Cha, the Taiwanese milk tea brand with over 200 branches in Asia is also part of Sun Mall.

Launched in 2009, Sun Residences is a two-tower, 43-storey development that offers studio, 1 bedroom and 2 bedroom units with prices ranging between PHP1.8 million and PHP5.1 million. True to SMDC’s promise of providing five-star homes in prime locations, Sun Residences features a list of stellar features and amenities- a hotel-like lobby, a swimming pool, a clubhouse with multi-purpose hall, function rooms, a student’s lounge, children’s play area, barbeque area, and a landscaped garden with gazebos and a jogging path.

For further information, please contact:

Mr. Jose Mari Banzon
Executive Vice President
SM Development Corporation
Tel. No.: (02) 857-0100
Email: josemari.banzon@smdevelopment.com

Céline opens new boutique at avenue Montaigne in the 8th district of Paris

PARIS, 2014-5-13 — /EPR Retail News/ — Céline opened the doors of its new boutique located at 53, avenue Montaigne in the 8th district of Paris. An elegant blend of wood, marble and metal creates a privileged setting for the ready-to-wear, leather goods and accessories collections.

The store occupying 500 sqm on two floors reinforces a network of distribution which already includes a left bank boutique on rue de Grenelle and another one on right bank on avenue Victor Hugo. Intimate and cozy at the same time, the decor of the place is in line with the aesthetic characteristic of the House. Danish artist FOS created a series of furniture pieces including lamps, benches and chandeliers, a visual signature already present in the London boutique that opened its doors ​​Mount Street in March.

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Céline opens new boutique at avenue Montaigne in the 8th district of Paris

Céline opens new boutique at avenue Montaigne in the 8th district of Paris

Intershop reports 64% increase in licensing revenues during Q1 2014

  • Licensing revenues grow strongly (+64%)
  • Net revenues at prior year level
  • Positive operating cash flow

Jena, Germany, 2014-5-9 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), leading independent provider of innovative solutions for omni-channel commerce, continues to drive forward its refocusing on the product business. In the first three months of 2014 Intershop generated net revenues of EUR 12.0 million (previous year: EUR 12.2 million) and continued the strongly positive trend of increased licensing revenues. Those grew by 64% to EUR 1.1 million. Service, maintenance and other revenues also developed favourably and declined only because of lower revenues with two major customers by 5% to EUR 10.9 million.

Resulting from continued high investments in sales and marketing earnings before interest and tax (EBIT) remained with EUR -1.7 million at the prior year level. By contrast, the gross profit was increased by 12% to EUR 3.9 million. Intershop’s earnings before interests, tax, depreciation and amortisation (EBITDA) came in at EUR -0.7 million. Operating expenses increased by approx. 10% to EUR 5.8 million primarily due to higher marketing expenses. Earnings per share amounted to EUR -0.06 (previous year: EUR -0.06).

Intershop’s net assets and financial position remains solid. The equity ratio stands at a high 69%. Liquid funds amounted to EUR 7.3 million as of the reporting date, and were, thus, at their year-end level. Moreover, Intershop generated a positive operating cash flow of EUR 0.7 million, compared to EUR -0.6 million in the first quarter of the previous year.

Ludwig Lutter, CFO of Intershop Communications AG: “The e-commerce market is in a critical phase in which further growth hinges on partnerships for innovations as well as for sales activities. This is why we must continue to invest in expanding our sales force and our international partner network in order to win additional customers and to continuously expand our product business. In doing so, we will broaden our income base to finance continued investment in future growth.”

The first quarter saw Intershop launch another marketing and sales initiative centring on the company’s revised brand identity including new sales materials and a new website. Moreover, an important cooperation with the US software company Adobe Systems was started in the reporting period. Another highlight of the marketing initiative was the first “Intershop Summit”, which took place in Berlin in early April. The company used this event to present new developments relating to the Intershop omni-channel platform as well as the new innovation initiative “Seed – Growing Ideas”, in the context of which Intershop will act as an incubator to support young start-ups and offer them the possibility to bring their ideas and concepts into the market, with the help of an experienced and established player.

“Thanks to our high R&D investments in the further development of our core product, which we made over the past years, we are today one of the technological market leaders. The same must now be achieved on the sales side. To keep pace with global competition, this will require further investments. In this context, we are also considering a capital increase, which we will ask our shareholders to approve at the upcoming Stockholders’ Meeting,” Jochen Moll, CEO of Intershop Communications AG states.

For the current financial year, Intershop continues to project a single-digit percentage increase in net revenues as well as negative EBIT in the low single-digit million euro range.

The report on the first three months of 2014 is available for downloading at http://www.intershop.com/investors-financial-reports.

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services including online marketing. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Albert Heijn Belgium appoints Luc de Baets General Manager

Zaandam, 2014-5-9 — /EPR Retail News/ — Luc de Baets has been appointed as General Manager Albert Heijn Belgium as of 1 June 2014. In this role, he is succeeding Corné Mulders who will be continuing his career outside Albert Heijn at the end of this month.

Luc de Baets has worked for Albert Heijn since the beginning of 2003 and is currently EVP HR in the Management Team. With a short hiatus, Luc has been part of the Albert Heijn Management Team for the past eleven years and has provided a significant contribution towards the growth of our company in the Netherlands and neighbouring countries. Luc graduated in business management from Groningen. Before he came to work for Albert Heijn, Luc was responsible for HR at Endemol and the Vendex KBB Speciaalzaken Groep in the Netherlands and also worked on expansion into Belgium and Germany in the 1990s. Luc was born in Sluis (Zeeuws Vlaanderen), where his parents were active in the retail sector.

Sander van der Laan, CEO of Albert Heijn: “Over the past three years, Albert Heijn Belgium has grown, in line with our plans, from one store in Brasschaat to twenty in Flemish Belgium. The stores are successful and welcome over 250,000 customers every week. I would like to sincerely thank Corné for his contribution to the growth of ‘Belgium’ which he realised with his team in three years.

As announced previously, we are on target to have 50 stores open in Belgium by the end of 2016. Our new General Manager has Flemish roots and is bringing all of his extensive retail experience to Belgium. Luc de Baets has provided a substantial contribution towards the Albert Heijn business and the HR role for around 11 years. I am delighted that he is taking on a new role in Belgium and wish him every success. I also wish Corné every success with his career outside the company.”

The General Manager Albert Heijn Belgium will keep reporting to Wouter Kolk, EVP new markets and specialty stores. Corne will settle Luc into his new role in Belgium in the coming weeks and will leave the company at the end of the month to become a board member of Sligro.

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Luc de Baets

Luc de Baets

Intershop to present at the Adobe Summit EMEA 2014 on 14-15 May at ICC ExCel London

  • 14-15 May, ICC ExCel, London

London, UK, 2014-5-9 — /EPR Retail News/ — Experience-driven commerce is the future of commerce and Intershop has announced that it will show a live demonstration at the Adobe Summit EMEA 2014, which takes place on 14-15 May at the ICC ExCel, London. The demonstration at booth 4 showcases the integration of Adobe Experience Manager with leading omni-channel commerce platform Intershop 7, built around a compelling ‘work’/B2B and ‘play’/B2C scenario. It highlights the recently signed collaboration between Adobe and Intershop and demonstrates how brands can create engaging commerce sites no matter what device or channel the customer uses.

In addition, Intershop’s c-level executives Dr. Jochen Wiechen (CTO) and Ludwig Lutter (CFO) will present a break-out session in the Digital Experience Management track on Wednesday 14 May from 1.30-2.15pm, in CS Room 17. Titled ‘Xperience Tomorrow – Seamless Customer Journey – Everything Is Possible’, the presentation will discuss how the customers’ experience dictates purchase decisions, and how new technologies are enabling the revival of one-to-one shopping. It will explain how e-commerce technology can be transformed into business value by providing immersive customer experiences, and how the buyer experience can be optimised by blurring the lines between work and play.

“Today’s customers want to become part of a story – and retailers need to recreate that personalised, one-to-one exchange between buyer and seller to build lasting and valuable relationships. The integration of our omni-channel commerce platform with Adobe’s leading web experience management solution opens up exciting new possibilities as it puts the customer experience back into focus,” comments Intershop CTO Dr. Jochen Wiechen. “Brands now have a best in class global solution for powerful, engaging, digital experiences for all types of buyers.”

The collaboration between Adobe and Intershop sees both partners jointly promoting and selling the integrated solution to companies in target markets, including North America, United Kingdom and Germany, with implementation services provided by designated preferred partners. Because the integration utilises Adobe’s eCommerce Integration Framework, partners will be able to easily customise the solution to meet individual customer requirements.

For more information on the Adobe Summit EMEA 2014, visit http://summit.adobe.com/emea/.

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services including online marketing. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 500 enterprise customers, including HP, BMW, Deutsche Telekom, and Mexx run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

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Co-op food store opens in Mill Woods Town Centre, Edmonton

Edmonton, Alberta, 2014-5-9 — /EPR Retail News/ — If you drive far enough south on Wayne Gretzky Drive in Edmonton, you’ll come to Mill Woods, one of the city’s most culturally diverse communities. As you enter the area, you’ll see the North Central Co-op food store that opened today in the popular Mill Woods Town Centre.

Prasan and Saroj Dave are some of the first customers through the doors to see the new store. It comes as no surprise since the couple, who bought their first house in Mill Woods the year the mall opened 24 years ago, stop here for coffee every morning on their daily walk.

“We’re very impressed that it appears to be the only grocery store in Western Canada where there’s a cash back program,” said Prasan when asked about his initial impressions of the new store.

“You’ll have very good support from the community in Mill Woods, especially because of your customer service,” he said. “That’s something where other stores are falling behind, but I think it should come first.”

Store Manager Jeff Blaney said the Daves’ desire for service has been consistent among his customers.

“The biggest thing in the whole transition to Co-op is that customers were asking if the employees were staying with them,” said Blaney. “The employees are what make it happen here. When they found out they were all going to be part of Co-op, they were really excited be part of Co-op and that they would be able to keep serving customers in Mill Woods.”

With its focus on serving local customers and members, North Central Co-op is a natural fit for this community. Designed and built in the mid-1970s as a stand-alone town within Edmonton city limits, the area and its nearly 100,000 residents are known for having a strong sense of community.

“We’re all about being local,” said North Central Co-op General Manager Ed Berney. “It’s hard to imagine a better location for a community-focused business like Co-op than a neighbourhood like this one. People here really care about their community and the businesses that serve them.”

This is the seventh of 14 locations that will be turned into Co-op food stores this spring.

For more information on this store and other upcoming openings, visit www.myco-op.ca.

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Prasan and Saroj Dave

Prasan and Saroj Dave

Kimco Realty reports 6.3% increase in FFO as adjusted per diluted share in first quarter 2014 operating results

Kimco Realty Announces First Quarter 2014 Operating Results – Reports a 6.3% Increase in FFO as Adjusted per Diluted Share; Advances Portfolio Simplification and Transformation Efforts

NEW HYDE PARK, New York, 2014-5-9 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) today reported results for the first quarter ended March 31, 2014.

Highlights for the First Quarter 2014 and Subsequent Activity:
• Reported funds from operations (FFO) of $0.34 per diluted share for the first quarter of 2014, compared to $0.33 per diluted share for the same period in 2013;
• FFO as adjusted was $0.34 per diluted share for the first quarter of 2014 compared to $0.32 per diluted share for the same period in 2013, representing a 6.3% increase;
• U.S. same-property net operating income (NOI) increased 2.0% over the prior year, which includes an approximately 40-basis-point negative impact from snow-related costs;
• Recognized positive rental-rate leasing spreads in the U.S. of 8.8%, with rental rates for new leases up 50.7% and rental rates for renewals/options increasing 4.6%;
• Pro-rata occupancy increased 100 basis points in the U.S. shopping center portfolio to 94.7%, and 90 basis points in the combined shopping center portfolio to 94.5%, compared to the first quarter of 2013;
• Continued to transform the consolidated U.S. retail portfolio: Acquired 26 retail properties (including a 24-property portfolio primarily in the Greater Boston area) for a gross price of $392.8 million; and
• Continued to simplify the company’s business model by reducing the number of properties in joint ventures and its exposure to Latin America: Purchased 15 Kimco-managed joint venture properties from partners for a total price of $501.2 million; disposed of six joint venture properties for a gross sales price of $40.5 million; and sold a nine-property retail portfolio in Mexico for a gross sales price of $222 million.

Financial Results
Net income available to common shareholders for the first quarter of 2014 was $72.4 million, or $0.18 per diluted share, compared to $53.2 million, or $0.13 per diluted share, for the first quarter of 2013. Net income available to common shareholders during the first quarter of 2014 included $32.8 million of gains on sales of operating properties and $12.8 million of impairments attributable to the sale or pending disposition of operating properties. This compares to $16.3 million of gains on the sales of operating properties and $4.3 million of impairments during the first quarter of 2013. Both operating property impairments and gains on sales are excluded from the calculation of FFO.

FFO, a widely accepted supplemental measure of REIT performance, was $138.4 million, or $0.34 per diluted share, for the first quarter of 2014 compared to $134.9 million, or $0.33 per diluted share, for the first quarter of 2013.

FFO as adjusted, which excludes the effects of non-operating impairments and transactional income and expenses, was $140.8 million, or $0.34 per diluted share, for the first quarter of 2014 compared to $132.2 million, or $0.32 per diluted share, for the first quarter of 2013.

A reconciliation of net income to FFO and FFO as adjusted is provided in the tables accompanying this press release.

Shopping Center Operating Results
First quarter 2014 shopping center portfolio operating results:

U.S. Shopping Center Portfolio
• Pro-rata occupancy was 94.7%, an increase of 100 basis points over the first quarter of 2013;
• U.S. same-property NOI increased 2.0%, which includes a five-basis-point positive impact from the inclusion of redevelopments and an approximately 40-basis-point negative impact from snow-related costs across the portfolio, compared to the same period in 2013; and
• Pro-rata rental-rate leasing spreads increased 8.8%; rental rates on new leases increased 50.7%, and rental rates for renewals/options increased 4.6%.

Kimco reports same-property NOI on a cash basis, excluding lease termination fees and including charges for bad debts.

In addition, the U.S. shopping center portfolio’s pro-rata occupancy for anchor space (10,000 square feet and greater) was 97.6%, an 80 basis point increase from the first quarter of 2013. Kimco’s pro-rata occupancy for small shop space increased 160 basis points to 85.6% in the first quarter of 2014,
compared to the same period in 2013.

Combined Shopping Center Portfolio (includes U.S., Canada and Latin America)
• Pro-rata occupancy was 94.5%, an increase of 90 basis points over the first quarter of 2013;
• Combined same-property NOI increased 1.5% over same period in 2013 (2.5% when excluding
the impact of foreign currency); and
• Total leases executed in the combined portfolio: 625 new leases, renewals and options totaling 3.8 million square feet.

Full press release

Gap Inc. announced its April net sales increased 10% to $1.33 billion for four-week period ended May 3, 2014 vs $1.21 billion last year

Guides to First Quarter Earnings per Share Range of $0.56 to $0.57

SAN FRANCISCO, 2014-5-9 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that April net sales increased 10 percent to $1.33 billion for the four-week period ended May 3, 2014 versus $1.21 billion last year.   Gap Inc.’s comparable sales for April 2014 were up 9 percent versus a 7 percent increase last year.

For the first quarter of fiscal year 2014, Gap Inc.’s net sales increased 1 percent to $3.77 billion versus $3.73 billion last year. The company’s comparable sales for the first quarter of fiscal year 2014 decreased 1 percent versus a 2 percent increase last year.

“We are pleased with our execution overall in April, especially at Old Navy,” said Glenn Murphy, chairman and chief executive officer, Gap Inc.

April Comparable Sales Results

Comparable sales by global brand for April 2014 were as follows:

  • Gap Global: positive 3 percent versus positive 8 percent last year
  • Banana Republic Global: positive 7 percent versus positive 1 percent last year
  • Old Navy Global: positive 18 percent versus positive 9 percent last year

First Quarter Comparable Sales Results

Comparable sales by global brand for the first quarter of fiscal year 2014 were as follows:

  • Gap Global: negative 5 percent versus positive 3 percent last year
  • Banana Republic Global: negative 1 percent versus flat last year
  • Old Navy Global: positive 1 percent versus positive 3 percent last year

First Quarter Guidance

The company expects diluted earnings per share for the first quarter of fiscal year 2014 to be in the range of $0.56 to $0.57.

The company expects that for the first quarter of fiscal year 2014, gross margins will decline less than the year-over-year decline in the fourth quarter of fiscal year 2013.  In addition, the company expects first quarter fiscal year 2014 operating expenses to be slightly above last year.

Additional insight into Gap Inc.’s sales performance is available by calling 1-800-GAP-NEWS (1-800-427-6397). International callers may call 706-902-4949. The recording will be available at approximately 1:00 p.m. Pacific Time on May 8, 2014 and available for replay until 1:00 p.m. Pacific Time on May 16, 2014.

First Quarter Earnings

Gap Inc. will release its first quarter earnings results via press release on May 22, 2014 at 1:00 p.m. Pacific Time. In addition, the company will host a summary of Gap Inc.’s first quarter results during a live conference call and webcast on May 22, 2014 from approximately 2:00 p.m. – 2:45 p.m. Pacific Time. During the first, second and third quarters, these calls will be approximately 45 minutes in duration, and the fourth quarter conference call will remain one hour in length.

The conference call can be accessed by calling 1-855-5000-GPS or 1-855-500-0477 (participant passcode: 5007532). International callers may dial 913-643-0954. The webcast can be accessed at www.gapinc.com.

May Sales

The company will report May sales on June 5, 2014.

Forward-Looking Statements
This press release and related sales recording contain forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “project,” and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding:

  • earnings per share for the first quarter of fiscal year 2014;
  • gross margins for the first quarter of fiscal year 2014;
  • operating expenses for the first quarter of fiscal year 2014; and
  • the impact of the classification of the income related to a credit card program.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:

  • the risk that additional information may arise during the company’s close process or as a result of subsequent events that would require the company to make adjustments to the financial information.

Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014, as well as the company’s subsequent filings with the Securities and Exchange Commission.

These forward-looking statements are based on information as of May 8, 2014. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,100 company-operated stores, over 350 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Two-time homerun champ Cecil Fielder to sign autographs on May 9 at the all-new ShopRite of Union

Two-time homerun champ will sign autographs this Friday

Union, NJ, 2014-5-9 — /EPR Retail News/ — Cecil Fielder, a two-time home run king and member of the 1996 World Series-champion New York Yankees, will be signing autographs on Friday, May 9 at the all-new ShopRite of Union from 4 to 6 p.m.

During his prime, Fielder was one of the most feared sluggers in the American League. Fielder hit 319 home runs during his 13 seasons in the big leagues. He hit 51 in 1990 and 44 more in 1991, leading the American League during both of those seasons.

He played for five different Major League teams and had a two-year run with the Yankees.

Fielder will be making his first trip to the ShopRite of Union, which celebrated its grand opening on Sunday, May 4. The 60,000-square-foot store recently hosted a ribbon-cutting ceremony at its new home.

ShopRite of Union is located at 2401D US Highway 22 West in Union, New Jersey.

About ShopRite
ShopRite is the registered trademark of Wakefern Food Corp., a retailer-owned cooperative based in Keasbey, NJ, and the largest supermarket cooperative in the United States. With more than 250 ShopRite supermarkets located throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland, ShopRite serves more than six million customers each week. A long-time supporter of key community efforts, ShopRite is dedicated to fighting hunger in the communities it serves. Through its ShopRite Partners In Caring program, ShopRite has donated $33 million to 1,700 worthy charities and food banks since the program began in 1999. As a title sponsor of the LPGA’s ShopRite Classic, ShopRite has raised more than $27 million for local organizations, hospitals and community groups. Progressive Grocer named ShopRite its 2011 Retailer of the Year and Supermarket News awarded ShopRite its 2011 Retail Excellence Award. For more information, please visit http://www.ShopRite.com.

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Morrisons branded personal care and cosmetic products now certified by Cruelty Free International under the Humane Cosmetics Standard

Bradford, England, 2014-5-9 — /EPR Retail News/ — We are pleased to announce that after extensive work across our supply chain all Morrisons branded personal care and cosmetic products are now certified by Cruelty Free International under the Humane Cosmetics Standard. This assures customers that products like our shampoo, toothpaste, deodorant and body scrubs are not tested on animals.

The Humane Cosmetics Standard stipulates that no animal testing is conducted or commissioned for finished products or product ingredients at any stage in manufacture or product development. We will now undergo independent audits to ensure that we remain compliant with the criteria of the Standard.

Morrisons has never tested on animals. However, we know that ethical shoppers recognise the Leaping Bunny as a trusted logo and are pleased to be able to offer this extra endorsement for our products. The Leaping Bunny logo will begin to appear on our products in the summer.

Looking further ahead, our aim is to achieve certification of our household products under the Humane Household Products Standard.

Martyn Jones, Group Corporate Services Director, Morrisons said:

“We have been clear in our opposition to animal testing for many years and I am pleased to announce that after months of work with Cruelty Free International we are now certified under the Humane Cosmetics Standard. This certification builds on our core values and sends a clear message to our customers that we are committed to promoting ethical standards.”

Michelle Thew, Chief Executive, Cruelty Free International stated:

“We are delighted that by joining the Cruelty Free International Leaping Bunny programme Morrisons has shown a real commitment to ensuring that their own brand personal care and cosmetics products are free from animal testing. There is strong public opposition to the cruel use of animals for testing beauty products around the world and we applaud Morrisons for taking action to ensure their customers have a cruelty-free choice in store”

For all media enquiries call
0845 611 5111

Wincor Nixdorf to present at European ATMs 2014 on 3rd-4th June in London

Paderborn, Germany, 2014-5-9 — /EPR Retail News/ —  Today’s customers are demanding and well-informed, and they are used to communicating and requesting services via a variety of different channels. Online and mobile banking services are therefore a must for today´s retail banks. Yet customers expect to be addressed individually even in virtual environments, and they want personal consulting to be available on demand – whether by telephone, in a videochat, or during a visit to the branch around the corner. The branch itself remains a strong and important, yet cost-intensive channel within the retail banking business. Therefore, banks have started to exploit concepts to diversify their branch models with a focus on offering the right services at the right location. In parallel, they aim to improve operational excellence and realize cost efficiencies in the branch channel. But how can modern self-service technology answer the challenges of today´s retail banking? First of all, it covers much more than just cash dispensing: modern self-service is perfectly aligned with the other channels in the bank, it can interact with new technologies, and it is an enabler for efficient branch concepts. Self-service systems are available around the clock. They are critical customer contact points because customers use them willingly and frequently. And they enable a premium customer experience if their potential is fully exploited. At European ATMs 2014 taking place on 3rd-4th June in London, Wincor Nixdorf, one of the world’s leading providers of IT solutions for financial institutions, will show how banks can enhance their offerings efficiently with modern end-to-end solutions.

As part of the exhibition, Wincor Nixdorf is presenting new technologies for the branch concepts of tomorrow. One example is the company’s new tablet-based “smart teller” solution for assisted self-service, which is part of the extensive range of solutions offered by the PC/E software suite. The “smart teller” enables more effective customer consulting and supports the transformation from a transaction-oriented to a sales- and service-oriented branch culture: with it, bank staff can focus primarily on advising customers and selling products, yet assist customers with standard transactions by carrying them out or continuing them on a tablet PC. Wincor Nixdorf is presenting this service experience on a new CINEO C4090, a multifunctional banking terminal that was designed especially as an alternative for traditional front-office workstations. Together with the tablet-based application, it opens up new ways for banks to shape the service experience in their branches.

End-to-end user interface

A functional extension in the software portfolio for ATMs offers banks the option to design a user interface that is consistent across all channels. Moreover, the end user can even customise it at the ATM by changing the size and layout of the controls on the ATM’s touchscreen. Customers who often deposit checks, for instance, can use touch and swipe to set up the menu for this function on their personal start screens, allowing them to move directly to this transaction.

Highly available ATMs for satisfied customers and cost-efficient operation

In addition to offering an easy-to-use self-service portfolio with a wide range of functions, banks can score points with their customers through ATMs that are available around the clock every day of the year. That’s why Wincor Nixdorf will be presenting its ATM management concept in London. The scope of the company’s ATM management service extends from delivery to installation, maintenance, monitoring and operation. Rapid system recovery, preventive maintenance and the deployment of software updates are all possible via remote connection using Wincor Nixdorf’s eServices Platform. All activities follow an automated process that is completely transparent, displayed in real time and summarised in specific reports.

The operations management solution for entire ATM fleets goes even further and includes complete systems management. Here, Wincor Nixdorf optimizes business processes at branches and also controls cash handling and all cash-based transactions.

Within the scope of an IT outsourcing project, Wincor Nixdorf takes on responsibility for decentralised IT at branches as well as for central IT functions such as data centers, servers, networks and workstations. The profitability of such complex environments can be increased significantly by bundling volumes, ensuring transparent service processes and introducing harmonised governance models.

Inter IKEA Group names Mathias Kamprad Chairman of the Board

Luxembourg, 2014-5-9 — /EPR Retail News/ — Mathias Kamprad has been appointed Chairman of the Board of Inter IKEA Holding SA, the holding company of Inter IKEA Group.

Mathias replaces Per Ludvigsson who for some years has been planning to retire as Chairman of Inter IKEA Holding at the age of 70.

Prior to Mathias appointment as Chairman he served as Director of the Board.

“I feel honoured and excited about my new assignment as Chairman of the Board of Inter IKEA Group. I am very much looking forward to working closer with Sören and his team.

It is business as usual with the aim to become a bit better every day. Our main task will always be to ensure a long life for the IKEA Concept by keeping the needs of the many people in mind. As this will require investments in both good and bad times, the group strives to be financially independent.

We have an experienced board team that together covers the needs of all divisions, and for me it is a privilege to be part of that team.

Inter IKEA Group has a good organisation with many really great people, in the divisions as well as on group level. Maintaining a strong culture will continue to be the basis for our journey” says Mathias Kamprad in a comment.

Hans Gydell has been appointed Vice Chairman of the board.

Ingvar Kamprad has found this to be a suitable time for him to leave the board.

“I am happy and proud that Mathias has accepted to become Chairman of the board of Inter IKEA Group after that Per Ludvigsson had decided to retire. Mathias is well prepared for his new assignment. I am also happy that Hans Gydell has accepted to become vice chairman of the board.

I see this as a good time for me to leave the board of Inter IKEA Group. By that we are also taking another step in the generation shift that has been ongoing for some years.

This does however not mean that I will stop working. My passion and engagement for the many people, the IKEA concept, simplicity and cost consciousness is as strong as ever. I will continue share ideas and views. And I will continue to spend time in the stores and in the factories to work with people and help achieve constant improvement. Our journey has just started” says Ingvar Kamprad in a comment.

The changes in the board are part of the generational shift that has been prepared for and ongoing for some years.

CBRE Group, Inc named Most Valuable Employer for Military® for 2014 by CivilianJobs.com

LOS ANGELES, 2014-5-9 — /EPR Retail News/ — CBRE Group, Inc. was named a Most Valuable Employer (MVE) for Military® for 2014 in the annual list compiled by CivilianJobs.com, one of the largest military-focused recruiting firms in the U.S. The MVE award recognizes companies for recruiting, training and retention plans that best serve military service members and veterans.

Among CBRE’s award-winning veteran initiatives is its program that connects hundreds of prospective and newly hired veteran employees with veteran employees of a similar military background or job function.

“At CBRE, helping veterans to build their careers and successfully make the transition to civilian life is an important component of our corporate culture—and being named a Most Valuable Employer for Military is a true testament of these efforts,” said Jennifer Ashley, Senior Vice President, Human Resources, CBRE. “We are proud to have more than 1,000 military veterans and reservists at every level of our organization.”

The 2014 Most Valuable Employers (MVE) for Military was open to all U.S.-based companies. In addition to being recognized in the May issue of Military Transition News, CivilianJobs.com’s worldwide military base newspaper, winning employers will also be displayed on the CivilianJobs.com website.

“There are two groups of winners today. First are the employers who are being recognized as MVEs,” said Sandra (Sandy) Morris, CEO, Bradley-Morris, Inc., parent company of CivilianJobs.com. “They are winning by hiring high-value military-experienced employees who are helping move their respective businesses forward. But military job seekers are also winners. CivilianJobs.com acknowledged a record number of companies as MVEs this year and I am so excited to see the pool of career opportunities expand for veterans.”

About MVE
The CivilianJobs.com Most Valuable Employers (MVE) for Military serves to help military-experienced job seekers identify the top employers to target for civilian careers. MVEs are selected annually based on those employers whose recruiting, training and retention plans best serve military service members and veterans. The MVE recognition is produced by CivilianJobs.com, where America’s military connects with civilian careers. CivilianJobs.com, with parent company Bradley-Morris, Inc. (BMI), the largest military-focused recruiting firm in the U.S., together deliver the largest military-to-civilian footprint available to companies seeking to recruit and hire from the military talent pool. BMI is based in metro-Atlanta, Georgia.

About Military Transition News (MTN)
Published since 2005, Military Transition News is a bi-monthly multi-media publication (print / e-mail / web) featuring practical information for job seekers, including resume and interviewing tips, transition planning and strategy recommendations, company profiles, and advice from transition experts. MTN is distributed to military bases worldwide via military transition classes, through Military Transition Offices (TAP and ACAP), military hospitals, USO centers and email distribution.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.​

For Further Information

Robert Mcgrath
T +1 212 9848267
email

Bill Scott
T 678.819.4183
email

‘Emancipation Day’ author Wayne Grady wins Amazon.ca First Novel Award

Author of ‘Emancipation Day’ selected to receive this year’s award from a shortlist of five first-time novelists

SEATTLE, 2014-5-7 — /EPR Retail News/ — Amazon.ca and Quill & Quire today unveiled Wayne Grady as the winner for the 2013 Amazon.ca First Novel Award. Grady’s novel Emancipation Day (Doubleday Canada) earned him the title of the 2013 Amazon.ca First Novel Award and a cheque for CAD $7,500 at this year’s award ceremony held at The Four Seasons in Toronto.

Steeped in the jazz and big band music of the 1930s and ‘40s, Emancipation Day, Grady’s first novel, is an arresting, heart-rending story about fathers and sons, love and denial, and race relations in a world on the cusp of momentous change. Grady has written fourteen books of science and natural history, travel and personal essays, translated fifteen novels and edited eleven anthologies of literary fiction and nonfiction. Born in Windsor, Ontario, he currently lives near Kingston, Ontario.

In addition to Grady, the 2013 Amazon.ca First Novel Award finalists included Kenneth Bonert for The Lion Seeker(Knopf Canada), Krista Bridge for The Eliot Girls (Douglas & McIntyre), Susan Downe for Juanita Wildrose: My True Life (Pedlar Press) and D.W. Wilson for Ballistics (Hamish Hamilton Canada) – all of whom will earn a CAD $750 gift certificate from Amazon.ca.

“It is an honour to again be a part of a program that celebrates Canadian novelists and we are thrilled to recognize these incredible authors,” said Alexandre Gagnon, country manager for Amazon.ca. “The Amazon.ca First Novel Award is one way we can help foster Canadian literature and raise awareness for emerging Canadian authors. We wish this year’s First Novel Award finalists much success.”

This year’s shortlist of finalists was selected by Stuart Woods, editor of Quill & Quire. The winner was selected from the list of nominees by a panel of judges including Kamal Al-Solaylee, journalist and author of the memoir Intolerable: A Memoir of Extremes; Angie Abdou, author of the novels The Bone Cage and The Canterbury Trail; and Brian Francis, author of the novelsFruit and Natural Order.

Over the last three decades, the First Novel Award has recognized outstanding literary achievements by first-time Canadian authors and has launched the careers of some of Canada’s most beloved novelists, including most recently, Eleanor Catton (2010) for The Rehearsal, David Bezmozgis (2011) for The Free World and Anakana Schofield (2012)for Malarky.

For more information about the Amazon.ca First Novel Awards, visit www.amazon.ca/firstnovelaward.

About Amazon.ca 
Amazon.ca (www.amazon.ca) is part of the global family of Amazon websites that have become known for great prices, selection, and convenience. Amazon.ca customers can find and discover millions of English and French books, Kindle books, CDs, sports and outdoors products, DVDs, electronics, watches, tools, baby, beauty, health and personal care items, home and garden, toys, grocery products, auto items, and pet products, as well as a vast array of software, video games, and consoles–all at everyday low prices. Amazon.ca offers FREE Two-Day Shipping with Amazon Prime, and FREE Super Saver Shipping on qualified orders of $25 CAD or more delivered to a single Canadian address. Amazon.ca sources products directly from Canadian publishers and distributors, ensuring a rich offering of Canadian titles and content. Features such as original editorial reviews and product recommendations help Amazon.ca customers find the right products for them among the site’s broad selection. Kindle Paperwhite features new display technology with higher contrast, the next generation built-in light, a faster processor, the latest touch technology, and exclusive new features designed from the ground up for readers. Kindle, the lightest and smallest Kindle, features improved fonts and faster page turns. The new Kindle Fire HDX features a stunning exclusive 7” or 8.9” HDX display, a quad-core 2.2 GHz processor, 2x more memory, and 11 hours of battery life, as well as exclusive new features of Fire OS 3.0. The all-new Kindle Fire HD includes an HD display, high-performance processor and dual speakers at a breakthrough price.

Amazon and its affiliates operate websites, including www.amazon.comwww.amazon.co.ukwww.amazon.de,www.amazon.co.jpwww.amazon.frwww.amazon.cawww.amazon.cnwww.amazon.itwww.amazon.es,www.amazon.com.brwww.amazon.inwww.amazon.com.mx, and www.amazon.com.au. As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management’s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment and data center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

Tesco wins “Outstanding Contribution to Sustainability and Environmental Performance” award

Tesco has won a top award for its outstanding contribution to environmental performance.

Cheshunt, England, 2014-5-7 — /EPR Retail News/ — The award recognises Tesco’s successful efforts to cut carbon emissions across its freight transport operations. Tesco has cut transport emissions per case delivered by as much as 14% in the UK in the last two years, on top of a 50% reduction achieved between 2006 and 2012.

Steve Strachota, Distribution Director for the UK and Ireland, said:

“It is fantastic to have been recognised by industry for the hard work we have done to reduce our impact on the environment.

“We’ve made more use of sea and rail travel, and made sure delivery lorries are as full as possible before they set off. And we have introduced cutting-edge technology, like aerodynamic trailers and dual-fuel vehicles. It’s not only good for the environment – it makes our business more efficient too.

“At Tesco we will continue to lead the way with our climate change strategy, moving forward with our ambition of becoming a zero-carbon business by 2050.”

These reductions have been achieved thanks to reducing journeys made by road as well as Tesco’s ‘F plan’. Delivery lorries are now fuller, they drive for fewer miles and fuel economy has improved.  In 2013 alone, Tesco cut over 8 million miles from the UK roads by following the plan.

Myles McCarthy, Director of Implementation at the Carbon Trust, said:

“Tesco was one of the first major UK businesses to set ambitious targets for taking action on climate change and carbon emissions, looking not only at its own footprint, but those of its customers and supply chain. The achievements recognised by this award demonstrate how that commitment is now resulting in real environmental successes.

“Freight transport is one of the largest contributors to the UK’s direct greenhouse gas emissions, so it is great to see Tesco using its scale for good by setting an example on how environmental impact can be reduced at the same time as making their business more efficient.”

New distribution centres are positioned in Dagenham and Reading so lorries don’t have to drive as far, and we are trialling new vehicle technology including dual-fuel lorries that can run on both diesel and biogas and more aerodynamic trailers.

The use of trains and ships instead of lorries is being expanded by Tesco right across Europe. All the containers arriving on ships from the Far East into the deep sea port of Bremen now travel by rail to Tesco’s distribution centre in Slovakia rather than road. And Tesco is using more sea routes – like Gdynia in Poland to Teesport in North Yorkshire, a move which has reduced road miles by over 80%.

Tesco is also working together with its suppliers to reduce emissions across the whole supply chain. In the UK, Tesco operates five trains that pick up and deliver goods from suppliers including Highland Spring, Coca-Cola and Red Bull.

The award is for “Outstanding Contribution to Sustainability and Environmental Performance” and it was presented at the 2014 Multimodal conference – the UK and Ireland’s leading freight transport and logistics exhibition.

Case study #1 – Making more use of trains

In the UK, Tesco has five trains running at least six days a week carrying goods all over the country, and over 50% of the goods moved from its rail-enabled National Grocery Distribution Centre at Daventry are transported by rail.

Tesco’s first European project started in 2012 with containers of goods it receives from the Far East, which arrive in Europe at the deep sea port of Bremen in Germany. After trialling the service with a few containers, Tesco now transports all these goods by rail instead of road to its Slovakian distribution centre, for onwards distribution around markets in across Central Europe, removing over 4 million road miles each year.

Case study #2 – Making more use of the sea

Tesco is exploring how it can use not only rail, but also short-sea shipping, to transport goods both around its European operations but also to the UK.

Instead of transporting general merchandise from Poland to its distribution centre in Middlesbrough by road, Tesco now uses a short-sea route from Gdynia in Poland direct to Teesport, right next to the Middlesbrough distribution centre. In addition to reducing road travel by over 80%, Tesco estimates that it also saves over EUR 300k per year.

Case study #3 – Shifting goods in Turkey

Another example of long distances travelled with minimised emissions is the journey that products from Turkey take to the UK. First, they are transported by boat from Istanbul to Trieste in Italy. From Trieste, the containers travel by rail to Cologne in Germany before being transported by road for the final leg to Daventry in the UK. In future, Tesco aims to extend the rail leg further by using the channel tunnel to deliver all the way to Daventry by rail. Turkish products for Tesco’s central European businesses also travel by rail to its Slovakian distribution centre which serves our central European markets.

Steve Strachota continued: “Our shift to rail and short-sea to bring goods from Europe to the UK not only reduces our impact on the environment but also gives us a more reliable service at no extra cost.”

For more information please contact the Tesco Press Office on
01992 644645

We are a team of over 530,000 people in 12 markets dedicated to bringing the best value, choice and service to our millions of customers each week. Our core purpose is ‘we make what matters better, together’.

METRO GROUP plans to operate 50 distribution centers in India by 2020

Düsseldorf, Germany, 2014-5-7 — /EPR Retail News/ — METRO GROUP will renew its expansion drive for India where its sales divisionMETRO Cash & Carry has been active since 2003. India will now become one of the key expansion countries at the German trade group, who sets its sights on 50 wholesale markets by 2020. At present METRO runs 16 distribution centers in 12 cities across India.

“India has always been an important future growth market of METRO and we have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there to operate 50 distribution centers by 2020”, said Olaf Koch, Chairman of the Management Board of METRO AGand CEO of METRO Cash & Carry. “India will join Russia, China and Turkey as one of the four focus expansion countries within our portfolio.”

METRO Cash & Carry has over the past decade sustainably developed its local distribution network in India and has continuously enhanced its sound relationship with a broad range of stakeholders. Each METRO distribution center in India typically creates about 300 jobs for the local community. To fully fit itself into the local business context, METRO in India has designed a unique store format which is smaller and less capital intensive but responds to the customer needs better. The valuable insights and learnings of the past ten years give the company a solid platform to build upon in South Asia’s fast growing economy and tap into its distinct commercial potential.

“We have been relentlessly consolidating our market position by translating our nuanced understanding of the customer into daily practices, tailored projects and innovations”, said Rajeev Bakshi, Managing Director of METRO Cash & Carry India.”We are delighted that METRO has established itself as a responsible and relevant member of the community. This provides a firm foundation for us to switch our expansion into the fast lane now.”

Ever since its market entry, the wholesaler stays in close and constant touch with its professional customers, in particular the small independent shops locally known as Kirana that arguably constitutes a vast majority of India’s retail sector. METRO India runs a variety of customized support schemes, both on the sales floor and in the field, to strengthen Kirana shops’ competitiveness in the rapidly evolving market environment, which also benefits the community at large. The latest expansion acceleration will further enable METRO to champion the independent professional customers across the country.

On the sourcing end, METRO India extensively applies its proven expertise and competence in food security and safety, supply chain and trade infrastructure to ensure reliable and enduring supply of high quality products to its professional customers. For example, the company goes one step further to secure the freshness and quality by collecting agricultural products directly from farms before shipping the harvest to its markets through its own modern logistic infrastructure, which clearly increases the efficiency and security of delivery. More frequently the company arranges a number of specialized training seminars for local food producers to refine their capabilities to fit METRO’s quality standards.

METRO GROUP is one of the largest and most important international retailing companies. During the financial year 2012/13 (pro forma), it generated sales of about €66 billion. The company operates around 2,200 stores in 32 countries and has a headcount of around 265,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments:METRO/MAKRO Cash & Carry – the international leader in self-service wholesale –Media Markt and Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

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METRO GROUP appoints Pieter Haas as Media-Saturn-Holding’s Management Board Deputy Chairman

Düsseldorf, Germany, 2014-5-7 — /EPR Retail News/ — The METRO GROUP has paid tribute to the tremendous achievements and the enormous contribution made by Horst Norberg, who announced his resignation as Chairman of the Management Board at Media-Saturn-Holding (MSH) on Tuesday. At the same time, the Duesseldorf-based trading group has decided to delegate his fellow Board Member Pieter Haas to MSH’s Management Board as Deputy Chairman in order to intensively press ahead with the essential repositioning of the company.

“We are very sorry that Horst Norberg has resigned from his position in these circumstances. However, we understand and have great respect for his decision”, said Olaf Koch, Chief Executive Officer of METRO AG. “Horst Norberg has done great things for Media-Saturn over more than two decades and has played a major role in crucial decisions for the company, not least regarding the recently announced repositioning and restructuring of Media-Saturn. He did an exemplary job of making sure Media-Saturn was geared to changing market conditions and customer demands. Horst Norberg has always put the company at the centre of his dealings. We thank him very much for his extraordinary commitment, his long years of tireless effort and his tremendous achievements.”

Due to Horst Norberg’s resignation, METRO GROUP will delegate its fellow Board Member Pieter Haas to the Management Board of Media-Saturn as Deputy Chairman so that he, along with the other Executives, can drive the strategic reorientation and the necessary subsequent restructuring of the consumer electronics retailer. As Deputy Chairman, he will formally assume the role of Acting Chairman of the Management Board. “Pieter Haas is an absolute expert in the consumer electronics market and also has crucial knowledge in key areas of innovation,” said Olaf Koch.

Pieter Haas has already worked in various positions at Media-Saturn from 2001 to 2013, most recently as the Managing Director / COO responsible for such areas as Strategy, Saturn Brand Management, Multichannel / Online trading and IT. Since April 2013, the 50 year-old has been a member of METRO AG’s Management Board in charge of Media-Saturn, Business Innovation and IT. He will retain his executive position at METRO AG, but will give up his Business Innovation and IT functions when he takes his seat on MSH’s Management Board in order to concentrate fully on Media-Saturn. It is intended that Georg Mehring-Schlegel – MSH Management Board Member delegated from Metro – will make the move to Media-Saturn’sExtended Management Board.

METRO GROUP is one of the largest and most important international retailing companies. During the financial year 2012/13 (pro forma), it generated sales of about €66 billion. The company operates around 2,200 stores in 32 countries and has a headcount of around 265,000 employees. The performance of METRO GROUP is based on the strength of its sales brands that operate independently in their respective market segments:METRO/MAKRO Cash & Carry – the international leader in self-service wholesale – Media Marktand Saturn – the European market leader in consumer electronics retailing – Real hypermarkets and Galeria Kaufhof department stores.

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John Lewis marks 150th anniversary with marketing campaign and TV advert ‘Never Standing Still’

LONDON, 2014-5-7 — /EPR Retail News/ — To mark its 150th anniversary this year, John Lewis will be launching a significant marketing campaign including a brand new TV advert entitled ‘Never Standing Still.’

The 90 second advert goes live on the retailer’s social media channels on Friday 2 May and will launch on Saturday 3 May during ITV’s Britain’s Got Talent.

The advert is a joyous and celebratory look at life in Britain from past to present, reflecting the fact that John Lewis has been ever present in its customers’ lives, constantly changing and responding to their needs over the past 150 years.

It is made up of a series of vignettes showing the people of Britain, in all walks of life, on the go. The scenes are linked together visually using a technique where the movements of the lead character are matched from one scene into the next.

The advert includes scenes from a variety of different decades, from as far back as the 1930s right through to the present day, and highlights John Lewis products bought by its customers during that time. The retailer’s marketing and archive teams have worked closely together to ensure the product detail and visual references in each scene are both accurate and evocative of the time.

Craig Inglis, Marketing Director, John Lewis, comments: ‘In this very important year for us, this campaign celebrates how our customers’ lives have kept moving over the last 150 years and the role that John Lewis has played in moving with them. We hope the campaign will evoke nostalgia leaving our customers feeling uplifted and excited about a summer of celebration.’

Created by advertising agency Adam&Eve/DDB, produced by Blink Productions and directed by Dougal Wilson, the TV ad is set to a cover of ”This Time Tomorrow’ by The Kinks performed by Gaz Coombes, lead singer of Gaz Coombes Presents and formerly lead singer of Supergrass. His cover of the track coincides with the twenty year anniversary of Britpop and offers a fresh new take on a classic track.

The TV advert makes up part of a much bigger campaign celebrating 150 years of John Lewis, including press and digital outdoor advertising, radio partnerships, social media activation and an online campaign site. Celebrations will take place throughout all John Lewis shops and the flagship on Oxford Street will include a brand new exhibition called ‘Stories of a Shopkeeper’ along with a roof garden both opening to the public on Saturday 3 May.

John Lewis has worked closely with a range of agencies and suppliers on the development of this campaign, including Manning Gottlieb, Pretty Green, Proximity London and Mission.

The TV ad can be viewed on www.johnlewis.com and the John Lewis YouTube channel (www.youtube.com/johnlewisretail) on Friday 2 May, kicking off with a 90 second version and supported by a combination of two shorter versions running throughout May.

Notes to editors
John Lewis operates 41 John Lewis shops across the UK (31 department stores and ten John Lewis at home) as well as johnlewis.com. It is part of the John Lewis Partnership, the UK’s largest example of worker co-ownership where all 91,000 staff are Partners in the business.

John Lewis – John Lewis, ‘Multichannel Retailer of the Year 2014’¹, ‘The Nation’s Best Retailer’² and ‘Best Retailer 2013’³, typically stocks more than 350,000 separate lines in its department stores across fashion, home and technology. Johnlewis.com stocks over 250,000 products, and is consistently ranked one of the top online shopping destinations in the UK. (www.johnlewis.com). John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

¹ Oracle Retail Week Awards 2014
² Verdict Consumer Satisfaction Awards 2013
³ Which? Awards 2013

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter
www.johnlewis.com/facebook
www.johnlewis.com/youtube.

Enquiries
For further information please contact:

Vikki Speed
Press Officer, John Lewis
Telephone: 020 7931 4921
Email: vikki_speed@johnlewis.co.uk

Alliance Boots to acquire Farmacias Ahumada and Farmacias Benavides

Alliance Boots today announces that it has signed an agreement to acquire Farmacias Ahumada (“FASA”).

Nottingham2014-5-7 — /EPR Retail News/ — The acquisition comprises two main businesses, which together operate over 1,400 stores, with combined revenues of around £835 million. Farmacias Benavides is the third largest retail pharmacy chain in Mexico with around 1,000 stores, and Farmacias Ahumada is one of the three largest retail pharmacy chains in Chile with around 400 stores.

The transaction, which is subject to regulatory approvals, is expected to complete in the third quarter of 2014.

Stefano Pessina, Executive Chairman, Alliance Boots, commented:

“This acquisition will give Alliance Boots a major presence in the attractive Latin American market, one of our priority areas for investment. It is also a further step towards reaching a truly global footprint. The well-positioned retail pharmacy businesses of Farmacias Ahumada and Farmacias Benavides will be great additions to our Group’s unique portfolio of retail, product and service brands around the world. We are confident in the high potential for sustainable growth and value generation that will be unlocked by this acquisition, including the opportunity for consumers in Mexico and Chile to access for the first time leading Boots product brands, such as our renowned skincare and cosmetics ranges.”

ENDS

Notes to editors:

Transaction structure 
The transaction will be effected by Alliance Boots launching an all cash tender offer for the outstanding fully diluted share capital of Farmacias Ahumada S.A. (“FASA”) whose shares are listed on the Santiago Stock Exchange. Grupo Casa Saba, S.A.B. de C.V. (“Casa Saba”) has irrevocably undertaken, via a wholly owned subsidiary, to tender its holding of 97.89% of FASA’s share capital to the offer. The tender offer will be conditional upon certain customary conditions precedent. FASA itself owns 95.62% of the outstanding fully diluted share capital of Farmacias Benavides S.A.B. de C.V., the operator of the Farmacias Benavides retail pharmacy business.

About Farmacias Ahumada 
Farmacias Ahumada is network of pharmacies in Chile providing medicines, pharmacy products, nutritional supplements, beauty, hygiene, personal care and convenience items. Its store networks comprise five store formats: Farmacias Ahumada, Native, Farmarebajas, GNC and Guapa. At December 2013, it operated around 400 outlets in 98 cities, primarily in the central region of Chile, and it employed around 3,900 people.

About Farmacias Benavides 
Farmacias Benavides is a network of pharmacies in Mexico, providing medicines and pharmacy products, convenience items and health & beauty products. At December 2013, it comprised around 1,000 stores, with coverage of 21 states (over 150 cities, including Mexico City since 2013) and the Federal District, and it employed around 7,800 people.

About Alliance Boots 
Alliance Boots is a leading international, pharmacy-led health and beauty group delivering a range of products and services to customers. Working in close partnership with manufacturers and pharmacists, we are committed to improving health in the local communities we serve and helping our customers and patients to look and feel their best. Our focus is on growing our two core businesses: pharmacy-led health and beauty retailing and pharmaceutical wholesaling and distribution, while increasingly developing and internationalising our product brands.

Alliance Boots has a presence in more than 25* countries and employs over 108,000* people. Alliance Boots has pharmacy-led health and beauty retail businesses in nine* countries and operates more than 3,100* health and beauty retail stores, of which just over 3,000* have a pharmacy. In addition, Alliance Boots has around 605* optical practices, of which around 190* operate on a franchise basis, and around 390* hearingcare practices. Our pharmaceutical wholesale businesses deliver over 4.6 billion* units each year to more than 170,000* pharmacies, doctors, health centres and hospitals from over 370* distribution centres in 20* countries.

In June 2012, Alliance Boots announced that it had entered into a strategic partnership with Walgreen Co., the largest drugstore chain in the US, to create the first global pharmacy-led, health and wellbeing enterprise.

* Figures are approximations as at 31 March 2013 and include associates and joint ventures.

For further information, please contact:

Media relations: 
Yves Romestan/Laura Vergani/Katie Johnson/Julie Longton, Alliance Boots: +44 (0)207 980 8585
James Murgatroyd/Claire Scicluna, RLM Finsbury: +44 (0)207 251 3801

Investor relations:
Gerald Gradwell, Alliance Boots: +44 (0)207 980 8527 (UK)/+1 646 688 1336 (US)

Sainsbury’s Anniversary Games to be held in Horse Guards Parade Ground and The Mall in central London

British Athletics announces the Sainsbury’s Anniversary Games will be held in the iconic setting of Horse Guards Parade Ground and The Mall in central London.

LONDON, 2014-5-7 — /EPR Retail News/ — To mark ticket registration opening at 9am on Tuesday 6 May, Olympic champion Greg Rutherford (coach: Jonas Tawiah-Dodoo) and training partner Jermaine Olasan (Tawiah-Dodoo) took on the first long-jump at the London landmark, set against five black cabs, equating to the World record distance.

To commemorate London 2012, the event at Horse Guards Parade Ground and The Mall on 20 July will transform the landmark into what will surely be the most striking athletics arena in the world with pole vault, long jump, shot put and a whole host of track races in a full athletics programme taking place over two sessions in front of a crowd of 20,000.

Tickets for last year’s Sainsbury’s Anniversary Games sold out in 75 minutes, but with the Olympic Stadium unavailable due to transformation works, British Athletics, Sainsbury’s, Mayor of London and The Royal Parks will continue to mark the occasion of hosting the event on the anniversary of the London 2012 opening ceremony.

Boris Johnson, Mayor of London, said: “Last year’s sell out Sainsbury’s Anniversary Games were yet another great example of how London is now a natural home for international sport.

“This year’s return is a golden opportunity to see of our Olympic and Paralympic superstars in action set against the spectacular backdrop of Horse Guards Parade Ground and The Mall in St James’s Park.”

London 2012 long jump champion Greg Rutherford was on hand to launch the event alongside his training partner Jermaine Olasan, who took the first ever long jump in Horse Guards Parade Ground. Rutherford, who has confirmed he will compete at the Sainsbury’s Anniversary Games will be joined by host of other Olympic, Paralympic and World Champions two years on from winning gold on ‘Super Saturday.’

Rutherford said: “It’s a great place to be and I think it’s going to be incredibly special to hold the Sainsbury’s Anniversary Games here. It’s one of the most iconic parts of London and you just have to look at the backdrop of Horse Guards to see the London Eye and just around the corner we’ve Queen sipping on her tea.

“I was so gutted to miss out on the Sainsbury’s Anniversary Games last year, so for me it’s a second bite of the cherry. By the time I come to compete, I will be in the best shape of the year and I’ll be looking to jump far here.

“Fans need to get on the British Athletics website, and get themselves in the ballot. There are 20,000 tickets and all we want is people excited about athletics cheering everyone on, in what will be a spectacular showcase of the sport.”

Mark Given, Sainsbury’s Head of Brand Communications said: “Sainsbury’s Anniversary Games is a once in a lifetime event, showcasing world class athletics on an iconic central London stage.

“People can register online or look out for our competition in store to be in with a chance to see Greg Rutherford, amongst other Olympic winners compete at Horse Guards Parade and The Mall.”

Penelope Boyd, Head of Events and Filming at The Royal Parks said: “Having played a significant role in the London 2012 Olympic and Paralympic Games where 11 Royal Parks hosted competitions from Triathlon to Equestrian and of course the Beach Volleyball, which took place on Horse Guards Parade Ground, it is fantastic to be part of the London legacy and we are looking forward to seeing Olympic and Paralympic medallists in action once again at one of our most iconic venues.”

The registration period to enter the ballot for the Sainsbury’s Anniversary Games will open at 9am on Tuesday 6 May via britishathletics.org.uk

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Sainsbury's Anniversary Games to be held in Horse Guards Parade Ground and The Mall in central London

Sainsbury’s Anniversary Games to be held in Horse Guards Parade Ground and The Mall in central London

IKEA begins recruitment process for its future Kansas City-area store, opening Fall 2014

MERRIAM, KS, 2014-5-7 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced it has begun the coworker recruitment process for its future Kansas City-area store, opening Fall 2014 at the intersection of I-35 and Johnson Drive in Merriam, KS. Candidates interested in working at the future IKEA Merriam should look online (IKEA-USA.com) for all available positions. Candidates without access to a computer are encouraged to visit a local library for online computer access.

“We are thrilled to offer interested jobseekers diverse positions with limitless opportunity at a global company,” said Rob Parsons, store manager of the future IKEA Merriam. “At IKEA, we recognize that our coworkers appreciate being able to do the things in life that bring success and happiness. It also is as fun to work at IKEA as it is to shop at IKEA.”

As IKEA Merriam progresses through the construction process, a variety of positions are open to local residents. Prospective coworkers can apply for the nearly 300 diverse positions as postings are available in: home furnishings sales, interior design, customer service, safety and security, cashier, facility management, receiving, stock replenishment and warehouse. Also, setting itself apart from other local retailers, IKEA Merriam will offer approximately 60 food service opportunities in its Restaurant, Swedish Foodmarket, Café Bistro and coworker cafeteria.

Previously named in FORTUNE’s “100 Best Companies to Work For” list, Working Mother magazine’s annual list of the “100 Best Companies for Working Mothers” and Training magazine’s annual “Top 100” ranking of companies that excel at human capital development, IKEA places value and emphasis on coworkers’ personal lives and the importance of a work/life balance.

Drawing from the company’s Swedish heritage, IKEA is committed to a flexible workplace that provides opportunities to people from all life situations. If a coworker needs to take time off to find a nursing home for an aging parent, to be home with children or have flexible scheduling to best juggle caring for a newborn, one can do so without worrying about risking one’s career.

IKEA offers family-friendly initiatives and diverse workplace benefits including full medical/dental insurance to coworkers working 20 hours or more per week with eligibility for domestic partners and children. Other benefits include: vacation, paid maternity/paternity leave and paid time off for child adoption, tuition assistance, a bonus program, 401(k) matching, a pension plan, professional development, training and mentoring programs, free uniforms, and – of course – a discount on IKEA purchases. The organization puts career opportunity into the hands of the individual, encouraging coworkers to consider assignments within different functions, at other IKEA stores or even in other countries. IKEA prides itself on the fact that an opportunity at IKEA truly can evolve into a career, and potentially can pave the way for a global experience as well.

Under construction on 18.4 acres in Merriam, KS, the 359,000-square-foot future IKEA Merriam and its approximately 1,200 parking spaces is located along the eastern side of Interstate-35 and Johnson Drive, eight miles southwest of Kansas City, Missouri. The store will feature nearly 10,000 exclusively designed items, 50 inspirational room-settings, three model home interiors, a supervised children’s play area, and a 450-seat restaurant serving Swedish specialties such as meatballs with lingonberries and salmon plates, as well as American dishes. Other family-friendly features include a ‘Children’s IKEA’ area in the Showroom, baby care rooms, play areas throughout the store, and preferred parking. IKEA Merriam also represents the region’s largest geothermal project, consistent with the IKEA renewable energy presence at its 90% of its U.S. locations.

Also, IKEA will generate significant tax revenue for state and local governments. When IKEA Merriam opens in Fall 2014, the new store will welcome the newly hired 300 coworkers to the IKEA family of more than 13,000 in the United States and 139,000 globally. Until IKEA Merriam opens, customers can shop at the closest IKEA stores in Colorado, Illinois, Minnesota, or Texas, or online at IKEA-USA.com.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function, at low prices so the majority of people can afford them. There are currently more than 350 IKEA stores in 44 countries, including 38 in the U.S. IKEA has been ranked in FORTUNE’s annual “100 Best Companies to Work For” list, Working Mother magazine’s annual list of “100 Best Companies for Working Mothers” and Training magazine’s annual “Top 100.” IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information, see IKEA-USA.com, @IKEAUSANews, @DesignByIKEA or IKEAUSA on facebook, youtube, instagram and pinterest.

# # #

IKEA Foundation campaign ‘Brighter Lives for Refugees’ raised $10.6M for UNHCR to bring sustainable lighting and energy in refugee camps

Campaign supports camps in Asia, Africa and Middle East with Sustainable Lighting and Improved Access to Renewable Energy and Primary Education

CONSHOHOCKEN, PA, 2014-5-7 — /EPR Retail News/ — The IKEA Foundation announces the ‘Brighter Lives for Refugees’ campaign, which ran from February 3 – March 29, 2014 raised $10.6 million* (Є7.7 million) globally, and the US alone raised over $570,000 in its first campaign year. For every IKEA LEDARE (LED light bulb) purchased during the campaign period, Є1*(approx. $1.38) will be donated to the United Nations Refugee Agency (UNHCR) by the IKEA Foundation.

The $10.6 million raised will enable UNHCR to bring sustainable lighting and energy to over 350,000 children and families living in refugee camps in Ethiopia, Chad, Bangladesh and Jordan by providing solar street lights, indoor solar lanterns and other renewable energy technologies such as fuel efficient cooking stoves. The campaign will also fund improved primary education.

Today, there are nearly 10.5 million refugees globally, around half of which are children. Some refugees have no choice but to live in refugee camps, where the absence or lack of light after sunset can have a devastating effect on safety and security. Simple activities such as visiting the toilet, collecting water, or returning to the shelter from elsewhere can become difficult and dangerous – particularly for women and girls. The improvements funded by the campaign will help make each refugee camp a safer and more suitable home for refugee children and their families. For example, just one solar street light can benefit up to 300 refugees, making it safer to walk around at after dark and one solar lantern can help a family of five share a meal or help the children complete their homework after dark.

“The lack of access to lighting and energy has a serious impact on the safety, security and education of millions of refugees worldwide, especially women and children. We thank IKEA customers and employees for making such a meaningful contribution to bringing light and energy to the most vulnerable people on Earth,” said UN High Commissioner for Refugees António Guterres.

The IKEA Foundation has partnered with UNHCR since 2010, helping to provide shelter, care and education to families and children within refugee camps and surrounding communities.

*as of April 26,2014, one euro = $1.38

Contact: Mona Astra Liss, Corporate PR Director ~ Mona.Liss@IKEA.com ~ 610.834.0180, ext. 5852

About IKEA Group
The IKEA vision is to create a better everyday life for the many people. Our business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. There are currently 305 IKEA Group stores in 26 countries. There are 38 IKEA stores in the US. In FY 13, the IKEA Group had 135,000 co-workers, 684 million visitors to the stores and 1.3 billion visitors to IKEA.com. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information, please visit www.IKEA.com, facebook.com/IKEAUSA, @IKEAUSANews, @DesignByIKEA, http://pinterest.com/IKEAUSA/, www.youtube.com/IKEAUSA, www.theshare-space.com, www.theshare-space.com/en/Blog

About IKEA Foundation
The IKEA Foundation aims to improve opportunities for children and youth in the world’s poorest communities by funding holistic, long-term programmes that can create substantial, lasting change. The Foundation works with strong strategic partners applying innovative approaches to achieve large-scale results in four fundamental areas of a child’s life: a place to call home; a healthy start in life; a quality education; and sustainable family income. Currently-funded programmes benefit an estimated 100 million children by 2015. Learn more at www.ikeafoundation.org and www.facebook.com/IKEAfoundation

About UNHCR
The United Nations High Commissioner for Refugees, also known as the UN refugee agency, was established on December 14, 1950 by the United Nations General Assembly. UNHCR safeguards the rights and well-being of refugees. In more than six decades, the agency has helped tens of millions of people restart their lives. It also has a mandate to help people who have become forcibly displaced inside their own countries, and stateless people. UNHCR is on the front lines of the world’s major humanitarian crises, including Syria, Mali, Afghanistan, South Sudan, Democratic Republic of the Congo, and countless other emergencies.

Adam Brotman, Phillipe Bourguignon, and Vivek “Vic” Gundotra join Neiman Marcus Group, Inc. Board of Directors

DALLAS, Texas, 2014-5-7 — /EPR Retail News/ — Neiman Marcus Group, Inc. announced today that Adam Brotman, Phillipe Bourguignon, and Vivek “Vic” Gundotra have been named to the Board of Directors.

Mr. Brotman is Chief Digital Officer for Starbucks Coffee Company. In this role, he has responsibility for Starbucks core digital businesses, including mobile and mobile payments, web, card, loyalty, e-commerce, wi-fi, and the Starbucks Digital Network. Prior to joining Starbucks in 2009, Mr. Brotman held key leadership positions at leading digital media companies including Corbis and PlayNetwork, Inc.

Mr. Bourguignon is currently the Vice Chairman of Revolution Places LLC and CEO of Exclusive Resorts, the preeminent destination club specializing in bespoke villa and experiential vacations. Prior to joining Revolution Places, Phillipe was co-CEO of the Davos-based World Economic Forum in 2003, 2004 and Chairman and CEO of Euro Disney. In addition, Mr. Bourguignon acted as chairman and CEO of Club Med and president of Accor for the Asia/Pacific region, one of the largest hotel groups in the world. Mr. Bourguignon is an active member on the Vinfolio board. He previously served on the board of directors for Zipcar and spent 11 years on the board at eBay.

Mr. Gundotra most recently served as Senior Vice President, Social for Google. In this role, he had responsibility for Google+, Google’s social networking and identity service. Prior to joining Google in 2007, he was the General Manager of Platform Evangelism at Microsoft.

The new appointees will be joining Nora Aufreiter and Norman Axelrod on the Board. Ms. Aufreiter was most recently a Director at McKinsey & Company where she previously led their omni channel, branding and retail practices. Mr. Axelrod is an Operating Advisor to Ares’ Private Equity Group and serves or has served on many of the Boards for Ares’ investments in the consumer and retail sector.

“We are pleased to welcome Adam, Phillipe, and Vic to our Board,” said Karen Katz, President and Chief Executive Officer of Neiman Marcus Group, Inc. “We are looking forward to working with them as we continue our mission to be the world’s largest multi-branded omni-channel luxury retailer in the world known for unparalleled customer service.”

“Adam, Philippe, and Vic bring to our Board many years of collective experience in serving the luxury customer and in growing businesses through digital and international strategies—all of which are key areas in which we are looking to accelerate growth,” said David Kaplan, Co-Founder and Senior Partner at Ares Management and Chairman of the Board of Directors of Neiman Marcus Group, Inc.

“Our new Board Members are extraordinary assets to the company, and we look forward to leveraging their expertise and unique perspectives.”

Neiman Marcus Group, Inc. operations include the Specialty Retail Stores segment and the Online segment. The Specialty Retail stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Online segment conducts direct to consumer operations under the Neiman Marcus, Horchow, Last Call and Bergdorf Goodman brand names. For more information, visit neimanmarcusgroup.com.

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CONTACT:

Ginger Reeder
VP Corporate Communications
Neiman Marcus Group, Inc.
ginger_reeder@neimanmarcus.com
214-573-5822