Inter IKEA Group announced 7.4% revenue increase in its 2013 annual report

Luxembourg, 2014-6-17 — /EPR Retail News/ — In a rather tough business climate, the IKEA Concept continued to show good strength. Inter IKEA Group continued to make long term investments in order to secure independence and longevity of the group and the IKEA Concept.

Inter IKEA Group total revenues increased by 7.4%, to €2,856 million in 2013. Net profit increased with €70 million to €516 million. Investments continued, with capital expenditures around €880 million.

–  We know that it still is tough times for many people. Rather than being happy about earnings on a certain level I am happy to see that the IKEA Concept developed well. It’s however important that we don’t take anything for granted and keep working hard to improve all our businesses. It’s also good to see how our investments in difficult times are helping businesses to develop and grow, says Søren Hansen, CEO of Inter IKEA Group.

The purpose of Inter IKEA Group is to secure continuous improvement and a long life of the IKEA Concept. As this will require investments in both good and bad times we strive to be financially independent.

Generally we continued to see a tough business climate in Europe. In the second half of 2013 some pick-up in the retail activity could be seen, but it’s still unevenly spread between countries. Demand for IKEA products also improved over the year in Europe. We continue to see strong growth in North America, Asia Pacific and especially in the Middle East.

During 2013 worldwide IKEA retail sales increased by 4.2% (in local currencies). Franchise fees increased by 1.2% (consolidated in Euro).

The investment in real estate development continued as planned, and increased in both the Retail Centre Division and the Property Division. Good performance in the Finance Division contributed to the increased profit.

Inter IKEA Group paid €76.6 million (14%) in corporate income taxes in 2013. In addition our different companies paid significant amounts in local taxes such as property and other business related taxes.

Numbers in brief, EUR million 2013 2012
Total revenues 2,856 2,660
Net profit 516 446
Total assets 16,059 14,950
Equity 8,039 7,529
Co-workers (year average) 1,754 1,644

 

Inter IKEA Group is organized in four divisions.

Franchise Division

The Franchise Division includes Inter IKEA Systems B.V, worldwide IKEA franchisor and owner of the IKEA Concept, including the IKEA trademarks. The division has the overall responsibility to safeguard the continued success of the IKEA Concept throughout the world. Franchise fee income increased in line with global IKEA retail sales. Franchisees opened ten new IKEA stores during the year, including one relocated store.

Retail Centre Division

The Retail Centre Division – Inter IKEA Centre Group A/S (IICG) – develops and manages retail destinations for the many people, anchored by IKEA stores. Inter IKEA Group is the majority owner of IICG.

The expansion in Europe remained selective due to market limitation. Three retail centres are being built in China – two are scheduled to open in 2014 and one in 2015. Revenue was €164 million in 2013, compared to € 204 m in 2012. The drop is due to the sale of retail centres in Austria during 2012. On a like for like basis, rental income increased by 2.2% during 2013.

Property Division

The goal of the Property Division – Vastint Holding B.V – is to create long-term value through property investments. The division actively manages developed properties in the Netherlands, Poland, Belgium, Lithuania, Latvia and the UK.

Investment continues and the division has more than 100.000 square meters of offices and hotels under development, and also owns land for future development. Total revenues increased by 33% in 2013, mainly as a result of completed projects and refurbishments.

Finance Division

The Finance Division supports the Inter IKEA Group in maintaining financial independence through long term investments.

Asset under management was €2.3 billion, compared to €2.1 billion in 2012. In line with an overall positive development of financial markets, the division produced a good return during the year.

For more information about Inter IKEA Group, please see our website www.inter.ikea.com

The Inter IKEA Group Annual Report 2013 can be ordered on the website

Press contact Inter IKEA Group

Kristian Sjöholm
+32 486 040 963
kristian.sjoholm@inter-IKEA.com

Chain Store Age named CBRE Group the world’s fastest-growing retail property and leasing manager for the fourth straight year

CBRE Tops Annual Ranking for Fourth Straight Year

​Los Angeles, 2014-6-17 — /EPR Retail News/ — CBRE Group, Inc. has been named the world’s fastest-growing retail property and leasing manager by Chain Store Age for the fourth straight year. The retail industry publication’s April/May 2014 issue reported that CBRE added 39 million square feet of new global retail property management assignments in 2013. Fameco Real Estate, which CBRE acquired in September 2013 and now operates as CBRE|FAMECO, while independent, was ranked fourth on the list adding an impressive 12 million sq. ft. of new global retail property management assignments  through September 2013.

“We are pleased to again be named the world’s fastest-growing retail property and leasing manager,” said Todd Caruso, Senior Managing Director, Retail Agency Services, CBRE. “The addition of Fameco will aid our momentum as we continue to grow our retail property management practice and expand the services we offer our clients.”

Chain Store Age’s 25th annual survey of Fastest-Growing Third-Party Managers measures domestic and international management and leasing contracts obtained during the preceding calendar year.

CBRE serves a vast of array of clients—including the nation’s leading retailers and retail property owners—with a full spectrum of services including property management, outsourcing, retail disposition, leasing, investment sales, debt or equity restructuring, valuation and consulting. In 2013, CBRE executed more than $36.7 billion in retail sales and leasing transactions worldwide.

Earlier this year, CBRE led National Real Estate Investor’s Top Brokerage list for the eleventh year in a row. For the seventh straight year CBRE was also included in the FORTUNE 500 and was also the highest ranked commercial real estate services firm on FORTUNE’s list of the Most Admired Companies.

CBRE provides a broad range of commercial real estate services on a global basis. The company was responsible for more than $223.2 billion of property sales and lease transactions in 2013, and managed more than 3.5 billion sq. ft. (including properties managed by affiliates) of commercial properties and corporate facilities as of December 31, 2013.

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:

Corey Mirman
Specialist, Sr Communication
T +1 212 9846542
email

BESTSELLER AQUIRED THE BRITISH FASHION RETAILER M AND M DIRECT LTD

Brande, Denmark, 2014-6-17 — /EPR Retail News/ — M and M is one of Europe’s leading online and mail order retailers of discounted lifestyle, fashion, sports apparel and footwear. M and M has dedicated local market websites covering the UK, German, French, Austrian, Dutch and Polish markets, and also serves more than 20 additional countries worldwide.

“We have worked with M and M for several years, and we have come to know the people within the company as passionate and hard-working people who have achieved many positive results lately. We believe that M and M will continue to develop and become a leading company within its business and its markets,” says BESTSELLER’s Communication Director Mogens Werge

The purchase is a financial investment and the two companies will remain separate units, but BESTSELLER of course hopes to benefit from the knowledge in M & M:

“We trust that the collaboration will become beneficial for both our companies in the long run, and we look forward to be working with and learning from M and M on areas like mobile sales,” Mogens finishes.

The purchase is conditional on approval from the relevant authorities and is expected to be completed within eight weeks.

About M and M Direct Ltd 
M and M Direct Limited is the UK’s leading purchaser of end-of-line clearance for fashion and sports products. As an online and mail order retailer, M and M offers sports and fashion apparel and footwear for men, women and children, at substantial discounts. The company has over 1.3 million active customers and 50 million website visits a year. M and M was founded in 1987 and is headquartered in Leominster in the UK. More information can be found at www.mandmdirect.com.

For the official press release from M and M direct Ltd. click here.

Stop & Shop donated $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School Rewards Program

Now in its fifth year, Stop & Shop’s A+ Rewards Program has given almost $10 million to local schools

Purchase, NY & Quincy, MA, 2014-6-17 — /EPR Retail News/ — The Stop & Shop Supermarket Company LLC announced it distributed $2.5 million to almost 4,000 local schools across the Northeast as a result of its 2013/2014 A+ School Rewards Program. The program provides a simple way for schools to earn funds to support school programs and enrichment activities every time a customer makes a purchase using their Stop & Shop card.

“We are proud to support educational initiatives and know that this year’s participating schools will be able to use these monies to enhance their students’ learning experience,” said Arlene Putterman, manager of Public and Community Relations for Stop & Shop NY Metro. “We recognize that these youths are our future leaders and we’re proud to make this investment in the communities where we operate.”

“It’s exciting for Stop & Shop to support our local schools through our A+ School Rewards program,” said Judi Palmer, director of Marketing & External Communications for Stop & Shop New England. “We are grateful to our customers who help make these important donations possible, and look forward to seeing the many ways the thousands of schools who benefit from this program will use their earnings.”

The A+ School Rewards program is linked to shoppers’ Stop & Shop loyalty cards, earning points for all in-store purchases. Stop & Shop customers can designate up to two schools to benefit from their purchases. Since 2009, Stop & Shop’s A+ School Rewards program has raised more than $9.6 million to help both public and private schools in the Northeast region fulfill their academic and enrichment needs.

In the past, funds raised by A+ School Rewards have helped purchase new computers, additional classroom technology, musical instruments and athletic uniforms and funded school aids, field trips, sports and after-school programs.

The top five schools that earned the highest number of A+ School Rewards points in the New York Metro area are as follows:

St. Charles School (Staten Island, NY) – $23,858.48

Nathan Hale Middle School (Norwalk, CT) – $8,481.23

St. Clare Elementary (Staten Island, NY) – $7,752.05

Blind Brook School (Rye Brook, NY) – $6,479.81

St. Padre Pio School (Ridgefield, CT) – $6,163.27

The top five schools that earned the highest number of A+ School Rewards points in the New England area are as follows:

Amherst Regional High School (Amherst, MA) – $22,007.21

Richmond Elementary School (Wyoming, RI) – $19,529.74

Kingston Elementary and Intermediate Schools (Kingston, MA) – $15,885.35

John F. Kennedy High School (Waterbury, CT) – $15,482.70

East Hampton High School (East Hampton, CT) – $12,364.94

St. Charles School on Staten Island, New York Metro’s #1 rewards leader for the past four years, has raised a total of $80,765 since 2010. Amherst Regional High School has been New England’s highest earning school for all five years of the program, and has raised $91,423 to date.

Information about the 2014/2015 A+ School Rewards Program will be available in August at www.stopandshop.com/aplus.

About Stop & Shop
The Stop & Shop Supermarket Company LLC employs approximately 59,000 associates and operates 395 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey. The company helps support local communities fight hunger, combat childhood cancer and promote general health and wellness – with emphasis on children’s educational and support programs. In its commitment to be a sustainable company, Stop & Shop is a member of the U.S. Green Building Council and EPA’s Smart Way program and has been recognized by the EPA for the superior energy management of its stores. Stop & Shop is an Ahold company. To learn more about Stop & Shop, visit www.stopandshop.com or www.facebook.com/stopandshop.

Contact:
Arlene Putterman
Stop & Shop NY Metro Division
(914) 251-2834
arlene.putterman@stopandshop.com

Jenny Krupski
Stop & Shop New England
(617) 276-7756
jkrupski@webershandwick.com

Sharon Washington named Defense Commissary Agency zone 8 manager

FORT LEE, Va., 2014-6-17 — /EPR Retail News/ — Sharon Washington has been selected DeCA zone 8 manager. That announcement came today from DeCA Executive Director of Store Operations Keith Hagenbuch. Washington succeeds Arnielle Fernandez who became the agency’s bread and snacks category manager in April.

Washington has been assistant store director at Naval Base San Diego for the past 17 months. Previously, she spent four years each as store director for the commissaries at Naval Support Activity Naples, Italy, and Hanscom Air Force Base, Mass.

She has acquired more than a quarter century’s worth of experience while working in 11 commissaries in the United States and overseas and from three years as a management assistant in DeCA’s Midwest Region district office in Colorado Springs.

Washington takes the reins as Zone 8 manager, June 29, operating out of the zone office at Tinker Air Force Base, Okla., and will oversee 12 commissaries in Kansas, Oklahoma, New Mexico and Texas with combined annual sales of $287 million.

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5–percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Foodstuffs North Island Limited announces the refurbishment of PAK’nSAVE Pukekohe due to commence in late June

Auckland, New Zealand, 2014-6-16 — /EPR Retail News/ — Foodstuffs North Island Limited is pleased to announce the refurbishment of PAK’nSAVE Pukekohe, on the corner of Queen and Harris Streets, Pukekohe. The refurbishment is due to commence on site in late June.

Foodstuffs North Island Limited is pleased to announce the refurbishment of PAK’nSAVE Pukekohe, on the corner of Queen and Harris Streets, Pukekohe. The refurbishment is due to commence on site in late June.

“The refurbishment of PAK’nSAVE Pukekohe is a very exciting project for us,” says Angela Bull, Foodstuffs North Island General Manager Property Development. “The renovation will enhance the customer’s experience as we modernise the store exterior and give the store interior a refresh, so that customers will really see the difference as they enter the store. The refurbishment ensures our customers get a modern grocery shopping experience with the PAK’nSAVE pricing our customers expect.”

PAK’nSAVE Pukekohe will be open throughout the refurbishment and PAK’nSAVE staff will make sure customers can do all their shopping in a safe and convenient environment.

Nigel Ollett, owner operator of PAK’nSAVE Pukekohe, is excited about the new look store. “I’m really looking forward to giving the store a facelift so that we continue to provide our customers with a PAK’nSAVE that meets their shopping needs.”

—- ENDS —-

Commissary’s Phyllis Black and Donna Chew chosen by Progressive Grocer magazine as two of the Top Women in Grocery for 2014

FORT LEE, Va., 2014-6-16 — /EPR Retail News/ — Phyllis Black, store director at Cherry Point Commissary, N.C., and Donna Chew, assistant store director at McGuire Commissary, Lakehurst, N.J., have been chosen by Progressive Grocer magazine as two of the Top Women in Grocery for 2014.

“Phyllis and Donna have long been shining stars in our business,” said Joseph H. Jeu, DeCA director and CEO. “Their leadership, creativity, hard work and mentoring activities reflect well on DeCA and the grocery business at large. I’m so proud of their accomplishments.”

For eight years, Progressive Grocer’s awards program has honored the integral role women play across all areas of the dynamic retail food industry.

This year, Black and Chew were selected in the senior-level executive category. This is only the second year DeCA employees have been chosen; last year, Joyce Chandler, who retired as chief of DeCA’s perishable division, was selected, also as a senior-level executive.

“I am so excited to be among the elite group of women chosen to receive this award,” said Black. “I have never strived for personal recognition and have been satisfied to have any store I have ever been assigned to receive recognition for the team efforts that the employees display on a daily basis. The employees who have worked alongside me have contributed a great deal to my receiving this award. I would not have been as successful without the support I have received from all of them over the years.”

“I’m humbled and thankful to be selected for such a prestigious award,” said Chew. “It honestly is a privilege to serve my community of deserving military patrons, and I feel very fortunate to be recognized for doing the job I love. I have a great team that supports me and a dedicated, inspiring mentor who constantly challenges me to grow in an atmosphere that allows me to do what I love for the most deserving customers in the world.”

Black, Chew and the other recipients are featured in Progressive Grocer’s June 2014 issue. Progressive Grocer will host a gala awards celebration for the recipients this fall.

NOTE: For photos of Phyllis Black and Donna Chew, go to our Flickr page.

About DeCA: The Defense Commissary Agency operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families in a safe and secure shopping environment. Authorized patrons purchase items at cost plus a 5–percent surcharge, which covers the costs of building new commissaries and modernizing existing ones. Shoppers save an average of more than 30 percent on their purchases compared to commercial prices – savings amounting to thousands of dollars annually. A core military family support element, and a valued part of military pay and benefits, commissaries contribute to family readiness, enhance the quality of life for America’s military and their families, and help recruit and retain the best and brightest men and women to serve their country.

Media Contact:
Kevin L. Robinson
(804) 734-8000, Ext. 4-8773
kevin.robinson@deca.mil

Kesko Group reports €797.1 million sales in May 2014, excluding VAT

Kesko Group’s sales, excluding VAT, in May 2014 totalled €797.1 million, down 5.9%.

Helsinki, Finland, 2014-6-16 — /EPR Retail News/ — In Kesko’s food trade, sales in May were €358.0 million, a decrease of 7.4% compared to the previous year. The number of delivery days in May was one less than in the previous year.

In the home and speciality goods trade, sales in May were €101.1 million, a decrease of 9.6%. Consumer demand remained weak and sales declined particularly in the department store trade.

In the building and home improvement trade, sales in May were €253.5 million, a decrease of 3.3%. In terms of local currencies, sales increased by 1.0%. Sales in Finland decreased by 2.1%. Sales abroad decreased by 4.3% in euros, but increased by 3.5% in local currencies.

In the car and machinery trade, sales in May were €99.7 million, a decrease of 2.7%. VV-Auto’s sales in May were €70.8 million, up 1.4%. Konekesko’s sales in May were €29.0 million, a decrease of 11.0% from the previous year.

Kesko Group sales in euros, excluding VAT, in May 2014:

May 2014 1.1. – 31.05.2014
€ million Change, % € million Change, %
Food trade, total 358.0 -7.4 1,761.7 -1.6
Home and speciality goods trade, total 101.1 -9.6 510.1 -10.4
Building and home improvement trade, Finland 113.2 -2.1 536.6 0.5
Building and home improvement trade, other countries 140.3 -4.3 563.2 1.9
Building and home improvement trade, total 253.5 -3.3 1,099.8 1.2
Car and machinery trade, total 99.7 -2.7 476.7 2.7
Common operations and eliminations -15.2 -72.4
Grand total 797.1 -5.9 3,776.0 -1.7
Finland, total 635.5 -6.7 3,113.1 -3.1
Other countries, total 161.6 -2.8 662.9 5.7
Grand total 797.1 -5.9 3,776.0 -1.7

Change, % indicates the change over the corresponding period of the previous year.

In May 2014, the number of selling days in Kesko’s wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-May was two less than in the previous year. The number of retail selling days in May was 28, which was one more than in the previous year. The total number of retail selling days in January-May was one more than in the previous year.

Kesko releases advance information on the K-Group’s retail sales quarterly, in connection with interim reports.

Further information is available from Vice President, Group Controller Eva Kaukinen, tel. +358 105 322 338.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

Kesko to improve Anttila’s profitability

Helsinki, Finland, 2014-6-16 — /EPR Retail News/ — Anttila Oy’s operations will be adjusted on account of weakened sales and the changed market situation. As a result of the employee co-operation negotiations started in April, the decision has been taken to close fourKodin1 department stores for interior decoration and home goods. The department stores to be closed are Helsinki Ruoholahti, Kuopio Kolmisoppi, Lappeenranta and Tampere Lielahti. Staff reductions in the department stores to be closed, other Kodin1 department stores as well as in the centralised and logistics operations total around 200 full-time employees.

The employee co-operation negotiations taken place to improve profitability concerned a total of around 1,350 persons, and at the start of the negotiations the estimated need for reduction was at most 220 full-time employees.

Activities to improve the profitability of Anttila’s business operations will continue as announced previously.

Kesko has announced its plans to improve Anttila’s profitability in the financial statements release for 2013 (stock exchange release on 4 February 2014) and in the stock exchange release on 31 March 2014.
http://www.kesko.fi/en/Media/Releases/Stock-exchange-releases/2014/

Further information:
Senior Vice President Minna Kurunsaari, home and speciality goods trade, Kesko Corporation, tel. +358 10 53 40240
President Antti Ollila, K-citymarket Oy and Anttila Oy, tel. +358 10 53 40240

Save the Children, Breakthrough and Pratham and the IKEA Foundation unveiled $9.4 million program to protect 790,000 children living in cotton communities in India

Save the Children, IKEA Foundation Announce Plans to Reach a Further 790,000 Children At-Risk of Child Labour in India’s Cotton Communities.

New Delhi, 2014-6-16 — /EPR Retail News/ — On World Day Against Child Labor, Save the Children, its partners Breakthrough and Pratham, and the IKEA Foundation unveiled a $9.4 million* (Є7million) program to protect 790,000 children living in cotton communities in India. It’s estimated that there are currently around 12.6 million child laborers in India and today’s announcement is the second phase of a long-term program which aims to keep children out of cotton fields, and in classrooms where they can learn, play, grow and develop and be children.

During the second phase, Save the Children, Pratham and Breakthrough will work with panchayat leaders, farmers, teachers, families and Indian state officials in Punjab, Haryana and Rajasthan, to provide children with access to quality education, improve teacher training, develop local child protection committees and school management committees and tackle issues like gender based discrimination.

An independent research study in 2008 revealed that prosperous Punjab has a large number of children working in the agriculture sector with an estimated 25% of them in cotton picking. Rajasthan and Haryana are not far behind, with 23% and 16% of cotton picking labor being children.

Building on success
The expanded program will build on the successes of Phase One which was started in 2009 in more than 1,800 villages in the states of Maharashtra and Gujarat. The major accomplishments of Phase One include:

• more than 600,000 children directly reached through education and child protection programs
• over 150,000 children moved out of child labor and into classrooms
• more than 10,000 migrant children moved back into their home communities
• improved school enrollment rates in participating villages (see Fact Sheet)
• nearly 2,000 teachers trained (see Fact Sheet)
• 1,866 Anganwadi (health, education) workers trained in teaching practices, giving each village in the program a skilled community worker

Improving the situation for girls
This initiative will aim to tackle the deep rooted issue of gender based discrimination which starts even before birth. One of the areas of critical concern is of the declining child sex ratio in the states of Punjab and Haryana which are the lowest in the country – with figures of 834 and 846 per 1000 male children (as per 2011 census), respectively. This initiative will help protect girls from these circumstances by establishing community groups that will champion girls’ rights and awareness of gender based discrimination and ensuring girl’s education.

Better protections for migrant families
Migration of child workers is a major issue in the state of Rajasthan, with children leaving their homes to work in nearby cotton regions. Based on a successful model pioneered in Phase One, an inter-state migration network will be set up to identify migrant child workers and help them move back to their families, homes and communities.

“We know there is no quick-fix solution to ending child labor, but long–term approaches can yield impressive results,’’ Per Heggenes, CEO of IKEA Foundation explains. “The IKEA Foundation, with our partners, has been tackling this issue in India for nearly a decade. This new phase reinforces our long-term commitment and our desire to help millions more children out of child labor and back into the classrooms.”

Thomas Chandy, Save the Children’s CEO in India proudly stated “IKEA Foundation has been an invaluable partner to Save the Children to achieve immediate and lasting change in the lives of the most marginalized children. The expansion of the partnership means that many more children will attain the right to education, protection and development across India.”

*US dollar conversion $1.35 = one euro

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 programs 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. Learn more at www.ikeafoundation.org

About Save the Children
Save the Children is the world’s leading independent organization for children. We are 30 national organizations working together to deliver programs in more than 120 countries around the world. Our vision is a world in which every child attains the right to survival, protection, development and participation. Our mission is to inspire breakthroughs in the way the world treats children, and to achieve immediate and lasting change in their lives.

Media contacts: 
Save the Children
Devendra Tak,
National Manager – Media and Communication
Email: d.tak@savethechildren.in Mob: +91-9811168488

IKEA Foundation
Chris Williams
Communications Manager
Email: chris.williams@ikeafoundation.org
Mob: +31 650 21 10 61

Lowe’s Charitable and Educational Foundation awarded more than $2.4 million to 597 schools in 47 states

Grants provide funding for nearly 600 projects benefiting K-12 public education

MOORESVILLE, N.C., 2014-6-16 — /EPR Retail News/ — The Lowe’s Charitable and Educational Foundation has awarded more than $2.4 million in Lowe’s Toolbox for Education® grants to 597 schools in 47 states during the program’s spring 2014 grant cycle. The grants will fund school-improvement projects benefiting K-12 public education. Lowe’s awarded nearly $4 million in grants to 940 schools in 2013.

“The Lowe’s Toolbox for Education program has benefited more than five million schoolchildren since its inception,” said Maureen Ausura, chairwoman of the Lowe’s Charitable and Educational Foundation. “With the support of Lowe’s Heroes employee volunteers, Lowe’s is committed to continuing to improve the educational environment for students across the country.”

The spring 2014 Toolbox for Education grants will fund public school projects, including technology and safety improvements, library renovations, walking trails and outdoor learning environments. Since its inception in 2006, Lowe’s Toolbox for Education has provided more than $40 million in grants to 8,500 schools. Grants are available to K-12 public schools in the United States for a wide range of improvement projects. Large schools and school districts are eligible to receive Toolbox grants up to $100,000.

“Our school is very thankful for the chance to make some much-needed improvements to our gym,” said Jennifer Green, physical education teacher at Harvey Jones Elementary, recipient of a $15,000 grant in Springdale, Arizona. “Lowe’s has given us an opportunity to help our current students as well as our future students.”

Lowe’s spring Toolbox for Education grant recipients include: 

  • Harvey Jones Elementary School: A $15,000 grant will enable the school to renovate its gymnasium for the first time in more than 20 years. The grant will fund new flooring and mats to cover the walls. These renovations will make the gym safer for students.
  • Highland High School, Monterey, Virginia: Highland High School received a $25,000 Lowe’s Toolbox for Education grant to install new energy-efficient windows. After 50 years of use, the condition of the current windows has led to increased heating and cooling expenses. The new windows will help decrease the school’s operating costs.
  • Webster Stanley Elementary School, Oshkosh, Wisconsin: A $5,000 grant will help the school create an accessible playground and a safer place for all children to play. The funds will be used to purchase a roller slide that can be used by children with physical limitations.
  • Edison Elementary School, Centralia, Washington: Edison Elementary School was awarded a $5,000 grant to build an outdoor classroom. The school will purchase new tables, seating for reading and writing, trees and a rain barrel system.

To view the complete list of grant winners and learn more about Lowe’s Toolbox for Education grants, visitToolboxForEducation.com. The fall 2014 grant cycle will open on Aug. 1.

ABOUT LOWE’S
Lowe’s, a FORTUNE® 100 home improvement company, has a 50-year legacy of supporting the communities it serves through programs that focus on K-12 public education and community improvement projects.  Since 2007, Lowe’s and the Lowe’s Charitable and Educational Foundation together have contributed nearly $200 million to these efforts, and for more than two decades Lowe’s Heroes employee volunteers have donated their time to make our communities better places to live. To learn more, visit Lowes.com/SocialResponsibility and LowesInTheCommunity.tumblr.com.

Contacts:
Paris Flowe
Lowe’s Companies, Inc.
(704) 758-3546
paris.l.flowe@lowes.com<

AND

Steve Salazar
Lowe’s Companies, Inc.
(704) 758-4345
steve.j.salazar@lowes.com

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Lowe’s Charitable and Educational Foundation awarded more than $2.4 million to 597 schools in 47 states

Lowe’s Charitable and Educational Foundation awarded more than $2.4 million to 597 schools in 47 states

AHOLD REPURCHASED 2,465,000 AHOLD COMMON SHARES FOR € 33.07 MILLION BETWEEN JUNE 9 AND 13, 2014

Zaandam, the Netherlands, 2014-6-16 — /EPR Retail News/ — Ahold has repurchased 2,465,000 Ahold common shares in the period from June 9, 2014 up to and including June 13, 2014.

The shares were repurchased at an average price of € 13.4159 per share for a total consideration of € 33.07 million. These repurchases were made as part of the € 500 million share buyback program announced on February 28, 2013 as increased by € 1.5 billion to a total amount of € 2 billion announced on June 4, 2013.

The total number of shares repurchased under this program to date is 113,830,113 common shares for a total consideration of € 1,474.44 million.

During the share buyback program, Ahold publishes a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to communications@ahold.com if you would like to receive one or more of these weekly releases.

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US Foods plans to open distribution center in Seabrook, N.H. to better serve its customers throughout the New England area

Rosemont, Ill., 2014-6-16 — /EPR Retail News/ — US Foods today announced it plans to open a distribution center in Seabrook, N.H. to better serve its customers throughout the New England area.

The company currently services this customer base from its facility in Peabody, Mass. While the Peabody facility is approximately 188,000 square feet, the new facility will offer more than 500,000 square feet of space, including additional dry and cold storage and fleet fueling and maintenance areas.

“This new building will allow us to better serve our more than 2,000 customers throughout New England and operate from a more efficient and modern facility which will benefit the company, its customers and the nearly 300 employees in the Boston Division,” said John Glynn, president, Boston Division, US Foods.

The company has partnered with the ESI Group to execute the renovation of the new facility to ensure it operates as efficiently as possible. Construction is expected to begin at the end of June and the company aims to move its operations into the new building in the first quarter of 2015.

“I want to thank Seabrook Town Manager Bill Manzi and his staff, as well as Michael Bergeron from the State of New Hampshire for welcoming US Foods to Seabrook,” said Sandy Raine, vice president of corporate real estate, US Foods. “Working with this group has been a pleasure and has reaffirmed how proud we are to be joining this business community.”

Seabrook has a population of approximately 9,000 and is home to more than 250 industrial, commercial and retail businesses. It houses New Hampshire’s only nuclear power plant and has miles of beautiful seacoast with clean beaches and an active harbor with a thriving business sector.

“We are thrilled US Foods has selected Seabrook as the hub of its New England operations,” said Bill Manzi, Seabrook town manager. “We look forward to partnering with them on a major economic development project that will bring quality jobs and much needed tax revenue to the Town of Seabrook.”

About US Foods
As one of America’s great food companies and leading distributors, US Foods is Keeping Kitchens Cooking™ and making life easier for customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. With approximately $22 billion in annual revenue, the company offers more than 350,000 products, including high-quality, exclusive brands such as the innovative Chef’s Line®, a time-saving, chef-inspired line of scratch-quality products, and Rykoff Sexton®, a premium line of specialty ingredients sourced from around the world. The company proudly employs approximately 25,000 people in more than 60 locations nationwide. US Foods is headquartered in Rosemont, Ill., and jointly owned by affiliates of Clayton, Dubilier & Rice LLC and Kohlberg Kravis Roberts & Co. L.P. Discover more at www.usfoods.com.

Contact
Lisa Lecas, Manager
Corporate Communications, US Foods
Office: 847-720-8243
Lisa.Lecas@usfoods.com

NACS welcomes Youli Zhang as accounting manager

​ALEXANDRIA, VA, 2014-6-16 — /EPR Retail News/ — Youli Zhang, CPA, has joined NACS as an accounting manager. Before coming to NACS, Zhang was an accountant at B’nai B’rith International. She also was bookkeeper at Phi Beta Delta in Washington, D.C. Before coming to the United States, Zhang worked as accounting manager at the China Construction Bank for several years.

Zhang earned a B.S. in computer science (with honors) as well as an associate’s degree in monetary banking, both from Yunnan University in China. She also has a master of accountancy from The George Washington University.

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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.

NACS names Caroline Quat as grassroots coordinator

ALEXANDRIA, VA, 2014-6-16 — /EPR Retail News/ — Caroline Quat has joined NACS as grassroots coordinator. Before coming to NACS, Quat worked in TheHome Depot’s government relations department, assisting the vice president of government relations and coordinating political action committee (PAC) activities. She also held internships with the Democratic Congressional Campaign Committee, the Winding Creek Group and Catalist, LLC.Quat graduated cum laude with a B.A. in political science and political communications from The George Washington University and has a M.A. in media and public affairs, also from The George Washington University.

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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.

The National Grocers Association applauds the U.S. House of Representatives for the passage of two tax extenders bills

Arlington, VA, 2014-6-13 — /EPR Retail News/ — The National Grocers Association (NGA) released the following statement applauding the U.S. House of Representatives for the passage of two tax extenders bills Thursday, June 12th: H.R. 4453, the Permanent S-Corporation Built-in Gains Recognition Period Act and H.R. 4457, America’s Small Business Tax Relief Act of 2014.

“Today’s passage of these tax provisions will provide independent grocers with much needed tax certainty and predictability. These tax extenders are incredibly important to our industry, as each will provide independent grocers and small business owners the opportunity to invest in their stores, and have a positive economic impact on their local communities. In addition to the passage of these bills, our members are united in their calls to renew critical, pro growth tax extenders that allow the independent grocery industry to continue to grow and contribute to the U.S. economy,” said Peter J. Larkin, President and CEO of NGA.

H.R. 4453, introduced by Congressmen Dave Reichert (R-WA) and Ron Kind (D-WI), will allow S-Corps to access their own capital after only five years, as opposed to current law, which places the time period at 10 years.

H.R. 4457, introduced by Congressman Pat Tiberi (R-OH), would make permanent Section 179 expensing, a tax credit that allows for the increased $500,000 expensing allowance for depreciable business property.

Earlier that day, NGA sent a letter to the House leadership urging passage of H.R. 4453 and H.R. 4457, as well as passage of a larger package of tax extenders. The letter reads: “While NGA supports the two bills referenced above, it is also important to note our continued support for a larger package of pro-growth tax extenders, including the Work Opportunity Tax Credit (WOTC), Bonus Depreciation, the New Markets Tax Credit (NMTC), and enhanced charitable deductions for contributions of food. In the current economic environment, these pro-growth tax measures continue to be critical to independent grocers.”

The full letter can be found HERE.

If you need additional information, please contact Laura Strange at 703-516-0700.

The Women Grocers of America (WGA) announces the recipients of the 2014 Mary Macey Scholarship

Arlington, VA,  2014-6-13 — /EPR Retail News/ — The Women Grocers of America (WGA) is pleased to announce the recipients of the 2014 Mary Macey Scholarship: Jazzmen Simms, Nugget Markets; Alina Williams, Wakefern Food Corp.; Kaeley Latow, Nugget Markets; and Pamela Sprouse, Gerland’s Food Fair, will each receive a $1,500 scholarship to further their education and careers in the food retailing industry. The Scholarship was created to honor WGA’s first president, Mary Macey.

“This year, the WGA Board of Directors selected four exceptional recipients of the 2014 Mary Macey Scholarship Award. The choice was not easy,” said Kathy Sweidel-Caton, President, WGA. “We received applications from many extraordinary students who are planning careers with an independent food retailer. The students’ accomplishments, as well as their passion for the industry were very impressive. WGA remains committed to recruiting and retaining the next generation of leaders and entrepreneurs with an emphasis on young women.”

Jazzmen Simms is a senior at California State University, Sacramento and will graduate in December 2014 with a BS in Communications. Jazzmen is employed full-time as a Manager in Charge at a Nugget Markets. She joined Nugget Markets in 2008 as a courtesy clerk and was named associate of the year after her first year. Jazzmen has held a number of increasingly responsible positions and is known for her emphasis on servant leadership and strong initiative.

Also representing Nugget Markets, Kaeley Latow attends University of California, Davis and plans to graduate with an MBA in May 2015. Kaeley is the Director of Bakery Operations at Nugget Markets. She joined Nugget in 2008 as deli clerk and quickly became known for her positive attitude and strong work ethic. Kaeley now oversees all bakeries for Nugget Markets and plans to continue her career there.

Alina Williams is a key member of the loss prevention department at Wakefern Food Corp, and is pursuing her doctoral degree at New Jersey City University. Alina maintains a 4.0 average and is one of two women in the program. Alina has been recognized for her active role in helping Wakefern continue to operate during recent weather challenges (such as Hurricane Sandy and the tough 2013-2014 winter), and was one of four chosen in 2012 for Wakefern’s Leaders in Training program. Alina plans to continue her work in emergency management and food security at Wakefern.

Pamela Sprouse maintains a 3.98 average as a senior at the University of Houston. She is pursuing a BS in Organizational Leadership and Supervision. Pamela started at Gerland’s in 1997 as a store associate in the courtesy booth. Currently Pam is the AP Supervisor at the Gerland’s corporate office, and is appreciated for providing stability to the department during a time of transition and her outstanding work ethic. Pamela is also a member of the boards of the University of Houston Student Ambassador Program and her local animal shelter.

If you need additional information, please contact Laura Strange at 703-516-0700.

Product Recall: Wegmans bagged ice sold between January 1 and June 10, 2014; sold in VA, MD, NJ, and some PA stores only due to possible metal fragments

ROCHESTER, NY, 2014-6-13 — /EPR Retail News/ — Wegmans Food Markets, Inc. is voluntarily recalling Wegmans Ice in 18 lb. (UPC 77890 29200) and 7 lb. (UPC 77890 29197) bags sold between January 1 and June 10, 2014. This recall has been initiated because the ice may contain metal pieces from a broken part in the machine that produces the ice, posing a possible choking hazard.

The affected bags of Wegmans Ice were sold in Wegmans’ stores located in Pennsylvania (excluding Erie), New Jersey, Virginia, and Maryland. (Note:  This recall does not affect Wegmans Ice sold in the company’s New York State, Massachusetts or Erie, PA stores.)

Wegmans estimates that approximately 6,000 bags of potentially affected ice were sold.  The company also confirmed that automated phone calls will be placed to customers who purchased Wegmans ice, using their Shoppers Club card.

There have been no reported injuries associated with this recall, nor have there been any reports from consumers that metal pieces were present in bags already purchased.  The problem was discovered by Wegmans during a routine maintenance check of the equipment.

Customers may return the product to Wegmans for a full refund.  Consumers who have questions or concerns about this recall should contact Wegmans Consumer Affairs Department toll free at 1 (855) 934-3663 Monday through Friday from 8 a.m. until 5 p.m.  Visit www.wegmans.com for a list of all product recalls.

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Wegmans Food Markets, Inc. is an 84-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts.  The family-owned company, founded in 1916, is recognized as an industry leader and innovator.  Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 17 consecutive years.  In 2014, Wegmans ranked #12 on the list.

Contact Information:  Jo Natale, director of media relations, 585-429-3627

Rite Aid to host 21 days of special events for customers in preparation for the grand re-opening of its store at 300 North Canon Drive in Beverly Hills

Camp Hill, Pa., 2014-6-13 — /EPR Retail News/ — In preparation for the grand re-opening of the Rite Aid located at 300 North Canon Drive in Beverly Hills, the Company announced today it will kick off the celebration by hosting 21 days of special events for customers.

“Rite Aid is proud to have been a part of the Beverly Hills community for nearly 20 years,” said Bill Romine, Rite Aid’s senior vice president of operations, western division. “We are looking forward to introducing our newly remodeled store to our customers and community and these special events are the perfect way for us to do so. Current and new customers are welcome to come to Rite Aid to enjoy the celebratory events, experience the new store and meet our friendly associates.”

Starting Sunday, June 15 and running through Saturday, July 5, every day at the store, Rite Aid will host a free event for customers. Events will include free health screenings, product demonstrations, sampling and refreshments, as well as appearances from Julie G., beauty-blogger and founder of the Julie G. nail enamel line; Eddie Funkhouser, celebrity makeup artist and expert product developer; Galit Strugano Wigdor, beauty expert and founder of Girlactik Beauty; Gabriel Almodovar, celebrity makeup artist for Maybelline New York; Sam and Nic Chapman, and America’s favorite fitness expert Denise Austin, among others. Visit www.riteaid.com/BeverlyHills for a complete schedule of events and appearances.

Rite Aid acquired the North Canon Drive location through the Company’s acquisition of the Thrifty PayLess drugstore chain in 1996. The location recently underwent a complete remodel, making it the first Rite Aid to feature a new version of Rite Aid’s wellness store format. The scope of the project included a total remodel and enlargement of the pharmacy, the redesign of several key departments, including beauty and over-the-counter medicines, and the addition of a Fresh Day Café and patio area, where customers can enjoy Coffee Bean & Tea Leaf beverages, fresh baked goods, sandwiches and Rite Aid’s very own Thrifty ice cream.

On Monday, June 23, Rite Aid executives will host a press conference and official ribbon-cutting ceremony at the store to celebrate the grand re-opening.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2014 annual revenues of $25.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

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Contact:

Media: Ashley Flower 717-975-5718

Meijer opened supercenter in West Lafayette, Indiana

190,000-square-foot store features fresh produce delivered daily, a free prescription program and pharmacy services promoting family health

GRAND RAPIDS, Mich., 2014-6-13 — /EPR Retail News/ — Meijer opened a supercenter today in West Lafayette, Ind., Co-Chairman Hank Meijer announced. The 190,000 square-foot store at 2636 Sagamore Parkway (U.S. Route 52) has created more than 270 new jobs and will provide local residents with fresh produce delivered daily, affordable, high-quality merchandise and a full-service pharmacy that makes family health care a priority.

“As a pioneer of one-stop shopping, we strive to offer easy, affordable solutions to our neighbors and look forward to bringing fresh value to West Lafayette and its surrounding communities,” Meijer said. “Whether you’re looking for fresh fruits and vegetables delivered daily, keeping your yard looking nice all summer long or seeking answers about a nagging health concern, this supercenter represents our ongoing commitment to help provide a healthier, balanced lifestyle for anyone who steps through our door.”

Meijer kicked off its opening celebration with a ribbon-cutting event inside the store, followed by remarks from Meijer officials and local dignitaries. Store director Mike McDonald also presented a $25,000 check to West Lafayette Community Schools and a $10,000 check to the Food Finders Food Bank, which serves a network of 160 food pantries and soup kitchens in 16 counties across Indiana.

The Grand Rapids, Mich.-based retail pioneer opened its first store in 1934 and has grown steadily by continuing to focus on fresh grocery options and on community partnership. Each year, Meijer donates more than 6 percent of its net profit to charitable organizations and works with local food pantries and banks to help fight hunger in local communities. Since 2008, its Simply Give program has donated more than $9 million to stock the shelves of food pantries in the communities it serves.

The new West Lafayette store is built to Leadership in Energy and Environmental Design (LEED) standards and features more than 600 high-quality varieties of fresh produce, a meat department offering neighborhood butcher shop service with custom cuts and a bakery carrying fresh bread baked four times daily.

In addition to the retailer’s traditional grocery and merchandise offerings, garden center and 24-hour gas station, the new pharmacy will offer the company’s free prescription program, as well as clinical services and immunizations designed to promote family health. The prescription program includes leading oral generic antibiotics with a special focus on prescriptions most often filled for children, prenatal vitamins and medications for those with diabetes and high cholesterol. Since its inception in 2006, the Meijer free prescription program has filled 19 million free prescriptions, saving Meijer customers more than $280 million.

“Our team has worked very hard to get this store ready and we’re excited to bring one of our stores to this great community,” said McDonald.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 210 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As the inventor of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. For more information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/meijer and @twitter.com/meijerPR or become a fan at www.facebook.com/meijer.

Contact: Joe Hirschmugl, 616-791-3943, joseph.hirschmugl@meijer.com

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The Meijer LPGA Classic presented by Kraft behind the red argyle and #GRgyle hashtag painted in Grand Rapids downtown

GRAND RAPIDS, Mich., 2014-6-13 — /EPR Retail News/ — The Grand Rapids community has been looking for answers for weeks surrounding the red argyle and the #GRgyle hashtag that have painted the downtown area, intriguing residents and passersby. Well, the answers have finally arrived.

Representatives from Meijer and the LPGA at a press conference today revealed that the Meijer LPGA Classic presented by Kraft was the culprit behind the mystery.

“The red argyle was a fun way for the tournament to reintroduce itself to Grand Rapids and create intrigue within the community,” Tournament Director Lesley Baker said. “We know Meijer works hard to engage the community, so this tease campaign was a great opportunity to invoke interest that we expect will continue throughout tournament week.”

Meijer launched its #GRgyle campaign on May 9 that included posting photos on Twitter and Instagram of red argyle socks at iconic locations and establishments around the greater Grand Rapids area, including at the Gerald R. Ford Museum, Rosa Parks Circle, and even the Holland Tulip Time Festival. The retailer also peppered the downtown with red argyle posters, featuring #GRgyle and the date “08.07.14,” which represents the first day of championship play for the inaugural Meijer LPGA Classic presented by Kraft.

The campaign generated its share of social media chatter and curiosity. For example, @the_tim_hoffman tweeted “@GRgyle is the new exciting mystery in my life,” while @MI_turnaround tweeted “@GRgyle, what is GRgyle? P.S. Nice socks.” @GRgyle responded with “@MI_turnaround it’s a secret for now but we’re spilling the beans in June. Make sure to check back! #argylesecrets #GRgyle.”

The LPGA Tour event will host a full-field of 144 players playing 72 holes of stroke play over four days of competition at Blythefield Country Club. The tournament marks the tour’s first stop in Michigan since 2000 when the Oldsmobile Classic in East Lansing ended it’s 9-year-run, as well as the first annual golf event in Michigan’s Lower Peninsula since 2009 when the PGA Tour hosted the Buick Open in Grand Blanc.

Tickets are now available online: General admission weekly tickets cost $35 apiece; general admission daily tickets cost $15 apiece; and a limited number of upgraded daily reserved tickets cost $50 apiece. The upgraded ticket provides admission on a specified day to a premium viewing area on the 17th green and access to discounted food and beverages. Kids, ages 17 and under, will receive free admission with a ticketed adult.

“As a retailer, we know our customers are looking for quality products at affordable prices, and the Meijer LPGA Classic is no exception to our way of thinking,” Meijer President J.K. Symancyk said. “Ticket prices have been set to encourage families to join us as we welcome the best women golfers in the world to Grand Rapids while increasing awareness to the rising problem of hunger.”

The driving mission of the Meijer LPGA Classic presented by Kraft is focused on feeding the hungry and improving the quality of life within the region with all proceeds benefiting the retailer’s Simply Give program. The Simply Give program has generated more than $9 million for food pantries in the communities it serves.

Along with the golf tournament, the Meijer LPGA Classic will feature several events in the Grand Rapids area, beginning Aug. 4. Details are still being worked out, but please visit www.MeijerLPGAClassic.com for information on those events, volunteer opportunities and to purchase tickets.

About Meijer Simply Give
Meijer is a family-owned retailer based in Grand Rapids, Mich. with a fundamental philosophy aimed at strengthening the communities it serves. Meijer operates 208 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky, and proudly donates more than 6 percent of its net profit each year to charities throughout the Midwest. With hunger as a corporate philanthropic focus, Meijer partners with hundreds of food banks and pantries through its Simply Give and food rescue programs. Meijer also supports education, disaster relief, and health and wellness initiatives. For additional information on Meijer philanthropy, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

About Blythefield Country Club
Located just north of Grand Rapids, Blythefield has been providing families the best golf and social experience in West Michigan since 1928. With the Rogue River flowing through, Blythefield boasts one of the most beautiful championship layouts in Michigan. Previously, Blythefield has hosted the 1953 Western Amateur, the 1961 Western Open, won by Arnold Palmer, and the 2005 Western Junior won by Rickie Fowler. Beginning in 2014 Blythefield is honored to host the Meijer LPGA Classic. Learn more about Blythefield Country Club at www.blythefieldcc.org.

About the LPGA (Ladies Professional Golf Association)
The LPGA is the world’s leading professional golf organization for women. Founded in 1950, the association celebrates a diverse and storied membership with more than 2,300 members representing more than 30 different countries. With a Vision to inspire, empower, educate and entertain by showcasing the very best of women’s golf, LPGA Tour Professionals compete across the globe, while dedicated LPGA Teaching and Club Professionals (T&CP) directly impact the game through teaching, coaching and management. The Symetra Tour consistently produces a pipeline of talent ready for the world stage. The LPGA is headquartered in Daytona Beach, Florida. Follow the LPGA on its television home, Golf Channel, and on the web via: www.LPGA.comwww.facebook.com/lpga.officialwww.twitter.com/lpga, and www.youtube.com/lpgavideo.

About Octagon Global Events
Octagon Global Events is a division of Octagon, the world’s largest sports and entertainment representation and marketing agency. Octagon Global Events focuses on premium event/property management, providing strategic corporate solutions. The division currently manages two Champions Tour events, two LPGA Tour events and the Toyota Texas Bass Classic. For more information, visit http://www.octagonglobalevents.com.

Contacts: Lesley Baker, Lesley.Baker@octagon.com, 616-426-6225; Christina Fecher, Christina.Fecher@meijer.com, 616-735-7968

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The Meijer LPGA Classic presented by Kraft behind the red argyle and #GRgyle hashtag painted in Grand Rapids downtown

The Meijer LPGA Classic presented by Kraft behind the red argyle and #GRgyle hashtag painted in Grand Rapids downtown

Meijer opened 190,000 square-foot supercenter in Alma, Michigan

190,000-square-foot store features fresh produce delivered daily, a free prescription program and pharmacy services promoting family health

GRAND RAPIDS, Mich., 2014-6-13 — /EPR Retail News/ — Meijer opened a supercenter today in Alma, Mich., President J.K. Symancyk announced. The 190,000 square-foot store at 2805 West Cheesman Road has created more than 270 new jobs and will provide local residents with fresh produce delivered daily, affordable, high-quality merchandise and a full-service pharmacy that makes family health care a priority.

“As a pioneer of one-stop shopping, we strive to offer easy, affordable solutions to our neighbors and look forward to bringing fresh value to Alma,” Symancyk said. “Whether you’re looking for fresh fruits and vegetables delivered daily, keeping your yard looking nice all summer long or seeking guidance on health care solutions, this supercenter represents our ongoing commitment to help provide a healthier, balanced lifestyle for anyone who steps through our door.”

Meijer kicked off its opening celebration with a ribbon-cutting event inside the store, followed by remarks from Meijer officials and local dignitaries, and the presentation of a $25,000 check to Riverside Park for upgrades to playground equipment and facilities.

The Grand Rapids, Mich.-based retail pioneer opened its first store in 1934 and has grown steadily by continuing to focus on fresh grocery options and on community partnership. Each year, Meijer donates more than 6 percent of its net profit to charitable organizations and works with local food pantries and banks to help fight hunger in local communities. Since 2008, its Simply Give program has donated more than $9 million to stock the shelves of food pantries in the communities it serves.

The new Alma store is built to Leadership in Energy and Environmental Design (LEED) standards and features more than 600 high-quality varieties of fresh produce, a meat department offering neighborhood butcher shop service with custom cuts and a bakery carrying fresh bread baked four times daily.

In addition to the retailer’s traditional grocery and merchandise offerings, garden center and 24-hour gas station, the new pharmacy will offer the company’s free prescription program, as well as clinical services and immunizations designed to promote family health. The prescription program includes leading oral generic antibiotics with a special focus on prescriptions most often filled for children, prenatal vitamins and medications for those with diabetes and high cholesterol. Since its inception in 2006, the Meijer free prescription program has filled 19 million free prescriptions, saving Meijer customers more than $280 million.

“Our team has worked very hard to get this store ready and we’re excited to bring one of our stores to this great community,” said Marli Schnepp, store director for the Alma Meijer.

About Meijer
Meijer is a Grand Rapids, Mich.-based retailer that operates 210 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As the inventor of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. For more information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/meijer and @twitter.com/meijerPR or become a fan at www.facebook.com/meijer.

Contact: Joe Hirschmugl, 616-791-3943, joseph.hirschmugl@meijer.com

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The New Road School of Parlin and ShopRite launch Supermarket Careers program

Keasbey, NJ, 2014-6-13 — /EPR Retail News/ —  The New Road School of Parlin hosted a grand opening today Friday, June 6th for its ShopRite Supermarket Careers program.

Students who enroll in the program train for retail jobs by working in a supermarket learning lab modeled on a ShopRite store and located right inside the school.

Located at 3071 Bordentown Avenue, the specialized New Road School of Parlin serves students aged five to 21 by offering a variety of programs for those with special needs.

“The New Road School of Parlin is proud and excited to be partnering with ShopRite and its ShopRite Supermarket Careers Program,” said Russell Hudson, assistant principal at the school.  “We believe that this program will bring many new educational opportunities to our students and enhance our school’s program as a whole.”

Friday’s grand opening will mark the 16th ShopRite Supermarket Careers Program for ShopRite and the second for the New Road School system.  Another ShopRite Supermarket Careers program opened last year in the New Road School of Somerset.  The Somerset County Educational Services Commission also recently hosted a groundbreaking for its new career center, which will house a ShopRite Supermarket Careers Program.

“At ShopRite we have great prices and we have great products, but what really sets us apart is our people,” said Ann Burke, VP of Human Resources for Wakefern Food Corp. “We are really thrilled to work with these students in another Supermarket Careers program, which has helped train nearly 3,000 students for careers in retail over the last 25 years.”

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 www.ShopRite.com

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ShopRite of Sewell, NJ, will now have in-store dietitian to help customers live healthier lifestyles

In-Store Dietitian Brings Free Health and Wellness Services to ShopRite Customers

Keasbey, NJ, 2014-6-13 — /EPR Retail News/ — To help customers live healthier lifestyles, ShopRite of Sewell, NJ, will now provide the free services of an in-store dietitian.

Frank Bottino, manager with Bottino’s ShopRite, a family business that owns and operates the ShopRite of Sewell, announced today that Samantha O’Toole, Registered Dietitian, has joined the organization.  Ms. O’Toole received her Bachelor’s of Science from La Salle University, where she also completed her dietetic internship.  She specializes in allergen-free nutrition.

“We are excited to add Samantha O’Toole to our team at the ShopRite of Sewell, as part of our commitment to find new ways to better serve our customers and help them live healthier lives,” said Frank Bottino.  “ShopRite is about families serving families and we are thrilled to welcome Samantha to our ShopRite family. This service is a valuable resource for our associates and customers, providing expert advice and support for their nutrition and health needs.”

As the new Retail Dietitian for the ShopRite of Sewell, Ms. O’Toole can guide customers on a range of issues, from learning how to shop and prepare healthy meals, to proper nutrition for specific health conditions and dietary needs. Ms. O’Toole will host a series of in-store healthy cooking classes, provide tips on upgrading shopping lists and recipes with healthy alternatives, hold seminars on pantry makeovers, and even navigate the aisles with shoppers to decipher food labels and find ways to improve their diet.

As part of ShopRite’s Retail Dietitian team, Ms. O’Toole is one of more than eighty Registered Dietitians who service ShopRite stores in New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland.  Together these Dietitians offer nutrition advice, meal planning, and diet modification for specific medical conditions.

All nutritional services are available to customers free of charge.  To make an appointment, customers can call (856) 582-6330.

ShopRite of Sewell is conveniently located at 382 Egg Harbor Road.  The store is open Monday-Sunday, 7am-11pm.  The Pharmacy is open Monday-Friday, 8am-9pm; Saturday, 8am-5pm; and Sunday, 9am-2pm.
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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 www.ShopRite.com.

Sephora to open 13 new locations inside JCPenney department stores on Friday, June 27th

NEW YORK, NY, 2014-6-13 — /EPR Retail News/ — Beauty seekers across the country have reason to celebrate. Sephora, the ultimate beauty destination and JCPenney, one of America’s leading retailers, are opening 13 new locations inside JCPenney department stores on Friday, June 27th. The first 100 clients to show up at each grand opening will dip into our stash of Sephora inside JCPenney gift cards with mystery values worth up to $100! Plus, Sephora is giving away 750 gift bags stuffed with fabulous samples! Now that’s a pretty good reason to start shopping!

Each new 2,200-square-foot Sephora inside JCPenney location, situated prominently in the center of the store, is a beauty paradise with close to 50 brands. Clients are encouraged to touch, play and try everything from lip glosses to blushes, skincare to fragrance. Product consultants with Sephora inside JCPenney are well educated in the beauty business. Rigorously trained in Sephora educational programs focused on skincare and general beauty, they offer a completely non-biased approach when recommending products.

Since teaming with Sephora in 2006, JCPenney has become a major presence in the beauty business. The opening of the below 13 stores brings the total number of Sephora inside JCPenney locations to 489.

New Sephora inside JCPenney stores opening on Friday, June 27:

    • Christown Spectrum in Phoenix, Ariz.
    • Mesa Mall in Grand Junction, Colo.
    • Pueblo Mall in Pueblo, Colo.
    • Westfarms Mall in Farmington, Conn.
    • Orlando Fashion Square in Orlando, Fla.
    • University Mall in Pensacola, Fla.
    • Richmond Centre in Richmond, Ky.
    • Independence Mall Wilmington, N.C.
    • Pheasant Lane Mall in Nashua, N.H.
    • Southgate Mall in Carson City, Nev.
    • Logan Valley Mall in Altoona, Pa.
    • Post Oak Mall in College Station, Texas
    • Meadowbrook Mall in Bridgeport, W.Va.

For more information, please contact:

Ali Bucky
BOLD PR
(646) 214-5727 x105
ali@boldpr.com

Colleen MacDonald
BOLD PR
(646) 214-5727 x111
colleen@boldpr.com

Sarah Holland
JCPenney Media Relations
972-431-2774
sakelleh@jcp.com

About Sephora Americas
Bold, Boundless, addictive   SEPHORA. A revolutionary beauty retailer, Sephora has been changing the face of prestige cosmetics since its industry-shaking debut in 1970s Paris. Sephora was acquired by leading luxury group LVMH Moët Hennessy Louis Vuitton in 1997 and launched its innovative concept stateside in 1998, where its dynamic, open-sell atmosphere evolved by merging the freedom of experimentation and product discovery with the expertise of personal consultants. Today, stores are home to a curated assortment of 200 world-class brands   including classics, cult favorites, emerging collections and Sephora’s own private label, SEPHORA COLLECTION   and feature more than 14,000 unique products across makeup, skincare, perfume, haircare, body, professional tools, and more. Powered by Sephora University, Sephora is the beauty education hub, offering customized consultations at the Beauty Studio, a variety of complimentary classes and one-on-one service from Personal Beauty Advisors, along with exclusive retail technology including SKINCARE IQ, COLOR IQ and Scentsa, resulting in the most expansive educational services in beauty retail. With over 1,780 locations in 29 countries   including 330 in North America and 476 Sephora inside JCPenney locations   Sephora is an international force in beauty. Adding to its global retail network, Sephora’s award-winning website, Sephora.com, and its every-growing presence on Twitter, Facebook and Pinterest, make it the world’s premier digital beauty destination. Sephora’s vibrant, interactive online community, Beauty Talk, amplifies the in-store experience by offering clients exclusive access to personalized beauty advice from Sephora’s PRO Artistry Team and provides a platform for open dialogue with beauty aficionados from around the world. For the latest in beauty, please visit Sephora.com

About J. C. Penney Company, Inc.
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishing retailers, is dedicated to fitting the diversity of America with unparalleled style, quality and value. Across approximately 1,100 stores and at jcpenney.com, customers will discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, colors and wallets. For more information, please visit jcpenney.com.

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Sephora to open 13 new locations inside JCPenney department stores on Friday, June 27th

Sephora to open 13 new locations inside JCPenney department stores on Friday, June 27th

Wincor Nixdorf promotes the new version of its PC/E Direct Marketing software with “Five clicks to reach your customer” slogan

Paderborn, Germany, 2014-6-12 — /EPR Retail News/ — With the slogan “Five clicks to reach your customer”, Wincor Nixdorf is promoting the new version of its PC/E Direct Marketing software and providing banks with an effective and modern marketing tool to individually address customers on ATMs, self-service terminals or digital signage screens. With the simplified user interface, all it takes is a few clicks for bank employees to create digital advertisements. Customer-specific campaigns are now also possible thanks to the addition of an interface that allows real-time communication with the bank’s CRM system.

The software enables banks and external advertising partners to convey tailored messages to their customers and thus achieve far higher response rates than with traditional forms of promotion like banners or ads. Apart from their own products and services, banks can also advertise offerings from other companies via various output media – with the marketing of the screens being a source of additional income for the banks. In addition, marketing controlling is improved through an extensive range of options for evaluating campaigns.

“It takes just five clicks for the bank’s marketing employees to create an advertising campaign using the enhanced software. What’s more, they can simulate on their own PC how the advertisement will be displayed on the different screen sizes of the output devices,” says Thorsten Brinkmann, product manager at Wincor Nixdorf, explaining the advantages of the new version.

A Java-based interface simplifies the connection to existing CRM systems and now allows dynamic data to be used. Advertising messages can thus be defined for specific times, regions or events. For instance, a bank could display a digital ad on the ATM to offer investment consulting to all customers who have a predefined amount of money in their account at the end of the month.

Banks worldwide already use PC/E Direct Marketing to control digital campaigns. All common media formats, such as photos, flash animations or films, can be integrated to create the digital advertisements. Furthermore, the software also allows multi-level campaigns with feedback options in the form of yes/no. Hence, banks can reach their customers easily and in a targeted manner with just a few steps.

Target Corporation declared quarterly dividend of 52 cents per common share

MINNEAPOLIS, 2014-6-12 — /EPR Retail News/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 52 cents per common share. The dividend is payable September 10, 2014 to shareholders of record at the close of business August 20, 2014. The 3rd quarter dividend will be the company’s 188th consecutive dividend paid since October 1967 when the company became publicly held.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/corporateresponsibility.

For more information, visit Target.com/Pressroom

media contact

Stacey Wempen, Financial Media
p: (612) 761-6785

John Hulbert, Investors
p: (612) 761-6627

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Groupe Auchan’s Supermarket Division ISMS partners with CT Group in Vietnam

PARIS, 2014-6-12 — /EPR Retail News/ — CT Group and ISMS, Groupe Auchan’s Supermarket Division, recently signed a memorandum of understanding to develop a supermarket business in Vietnam. The partnership was concluded on June, 6.

CT Group, whose Chairman is Mr Tran Kim Chung, is based in Ho-Chi-Minh City and is specialised in commercial real estate.

The agreement provides for:

  • The development of a food retailing business in which AuchanSuper will be the majority shareholder. This will build on the recent creation by CT Group of a supermarket under the S-Mart banner. A second store is currently under construction.
  • A partnership in a real estate company that will endeavour to offer suitable sites for this new business to develop on. AuchanSuper will be a minority shareholder in this partnership.

CT Group is drawing on its detailed knowledge of a stable and prosperous country to develop these joint projects, while AuchanSuper will contribute its overall expertise in the retailing industry, with a view to achieving significant developments in line with international standards. The supermarket business will be headed up by Jordi Fernandez, who was previously the company’s Sales Director in Spain and Tunisia.

This new project demonstrates the will of Groupe Auchan’s Supermarket Division to pursue, in line with its strategic vision, growth opportunities at international level, working with local players, and to thereby contribute to a rise in purchasing power and quality of life for customers in a new country.

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Foodstuffs implements new waste management plan for its PAK’nSAVE and New World stores nationwide

Waiheke, New Zealand, 2014-6-12 — /EPR Retail News/ — Foodstuffs is currently implementing a new waste management plan for its PAK’nSAVE and New World stores nationwide. The plan promises to reduce the amount of rubbish going to landfill by literally hundreds of tonnes each week.

Foodstuffs is currently implementing a new waste management plan for its PAK’nSAVE and New World stores nationwide. The plan promises to reduce the amount of rubbish going to landfill by literally hundreds of tonnes each week.

Mike Sammons, Foodstuffs New Zealand Sustainability Manager says, “The plan has taken two years from original conception to the first stores beginning implementation in March this year. The key focus currently is on separating out any waste material that can be recycled for another use.”

Sammons says that one of the biggest obstacles was determining what stores were doing in terms of existing waste materials and subsequent tonnages coming out back of store.

“It’s not a sexy subject,” says Sammons. “For that reason it was initially hard to get people engaged, as long as the rubbish was being taken away regularly, the business was generally happy.”

However, according to Sammons when he starting digging into the waste management systems in place, the picture that emerged was one which showed a wide range of practices and store dissatisfaction at rising costs and average to poor service from suppliers. Initially, the challenge was that there was simply no accurate waste data available across the business, so two years ago Sammons was tasked with auditing the stores to get clarity.

Sammons says that process in itself was really interesting. “Being a cooperative you find with Foodstuffs there’s always someone already doing exactly the right thing, the job is to find them and decide whether their model of practice can be replicated to other stores or even nationally.”

With the help of various players in the waste industry, the outcome of the audit led to the development of a generic waste plan. Reducing costs and increasing landfill diversion were identified as the two key business drivers for implementing a waste management plan. Fortunately, the two go hand in hand as the most expensive way to dispose of anything is to send it to landfill. Why would you want to if you had the choice says Sammons.

The waste plan now has provisions for waste to be disposed of through up to 10 different waste streams, each with its own different direction for reuse. Cardboard is recycled, as is plastic wrap, meat waste, bakery and produce are all diverted to the appropriate channels, as are cooking oils, electrical waste and so much more. The process has created whole new markets and jobs out of material the business was previously sending to landfill.

Critical to delivering on an efficient waste management plan was finding the right waste partner. Foodstuffs went through a tender process earlier this year and Envirowaste was successful at becoming the chosen supplier. Envirowaste offer Foodstuffs stores a tailored plan that meets their individual needs and they are committed to carrying out ongoing audits and training. According to Sammons the project has very ambitious targets, with 80% reuse targeted after 12 months and 90% after 24 months for each store.

“Its early days and we know there will be some teething problems with a project of this size and complexity but the first couple of stores on the programme are already hitting 76% and 85% reuse rates respectively. In one case this has meant reducing their landfill from 11 tonnes to 3.6 tonnes a month, a huge achievement,” says Sammons.

—– ENDS —–

GOME to continue enhancing its sales management and internal control capabilities

  • Creating More Value with Low-Cost High-Efficient Supply Chain and Comprehensive Online/Offline Business
  • Achieving “3 Deliveries/Day; Precise Delivery; Installation with Delivery” in 200 cities

Hong Kong, 2014-6-12 — /EPR Retail News/ — Guided by its “Omni-Channel Retailer” strategy and driven by its cost-efficient supply chain, GOME Electrical Appliances Holding Limited (HKSE: 493, “GOME” or “The Company”, together with its subsidiaries, “The Group”) will continue to expand its store network, enable full development of its online and offline businesses, enhance the customer experience and strengthen its sales management and internal control capabilities. The Group is confident that it will maintain stable gross and net profit margins so as to create greater value for its shareholders and consumers.

Continuous Enhancement in Sales Management and Internal Control Capabilities Guided by its “Omni-Channel Retailer” strategy, the Group has been actively optimizing its store network since 2013. From the first quarter of 2013, GOME has recorded double-digit growth in sales revenue and same store sales for five consecutive quarters; meanwhile, the Group’s gross margin has been maintained at around 18%. The Group has consistently outperformed its peers. Furthermore, effective staff management and store area optimization have enabled the Group to effectively control major operating costs that include labour and rental expenses, bringing the Group’s total operating expense-to-sales ratio down from 17.1% in 1Q 2013 to 16.4% in 1Q 2014. These indicators fully demonstrate the continuous improvement in GOME’s sales management and internal control capabilities since 2013. Looking forward, the Group is confident that it will sustain its growth momentum and will continue to outperform the industry average through further implementation of its “Omni-Channel Retailer” strategy.

In May this year, the Group officially announced that it will establish the highest logistics services standards in the industry and pledged to provide “3 Deliveries/Day; Precise Delivery; Installation with Delivery” and to advocate the enhancement of logistics services throughout the industry.

Achieving “3 Deliveries/Day; Precise Delivery; Installation with Delivery” in 200 cities in China GOME currently provides intraday logistics services in 178 cities. The Group expects to achieve “3 Deliveries/Day; Precise Delivery; Installation with Delivery” across 200 cities in China by the end of 2014 and to gradually expand its presence to more than 400 cities, building nationwide coverage with a personalized service system which will ultimately enhance the customer experience. GOME targets to meet the practical needs of consumers through better services that are more user-friendly and flexible.

Mr. Wang Junzhou, CEO of GOME, said, “Customer satisfaction and the user experience are two key objectives the Group is pursuing. GOME believes that under the leadership of the Board and the management, we will seize opportunities in the mobile Internet era. GOME will set three benchmarks in the home appliance retail industry, and will provide customers with comprehensive services of the highest standards. We will gradually become China’s largest and most professional O2M Omni-Channel Retailer, and will generate maximum returns for our shareholders and consumers.”

– The End –

About GOME Electrical Appliances Holding Limited
GOME Electrical Appliances Holding Limited was listed on The Hong Kong Stock Exchange in July 2004 (HKSE: 00493). The GOME Group was founded in China in 1987 and is engaged in the electrical appliances and consumer electronics retail business in China. It is the largest electrical appliances and
consumer electronics retail chain and the largest retail chain enterprise in China.

Please visit our website for more information: www.gome.com.hk.

For further enquiries, please contact:

Hong Kong

Hill+Knowlton Strategies Asia
Samantha Wang Candy Chan
Tel: (852) 2894 6266 / 9418 0271 Tel: (852) 2894 6246 / 9715 8681
Email: samantha.wang@hkstrategies.com Email: candy.chan@hkstrategies.com

Beijing

Helen Song
Tel: 86-10-59288815
Email: songjie6@gome.com.cn