Kelly Ripa to promote “QVC Presents Super Saturday LIVE” on QVC Saturday, July 26 to benefit Ovarian Cancer Research Fund

Kelly Ripa Stars in Public Service Announcements for “QVC Presents Super Saturday LIVE,” Benefitting Ovarian Cancer Research Fund

WEST CHESTER, Pa., 2014-6-12 — /EPR Retail News/ — Kelly Ripa is shopping to save lives as she fills up her bag with designer deals that will contribute to the cure for ovarian cancer. Ripa, one of the most renowned hosts in morning television, will appear in both the print and television public service announcements promoting “QVC Presents Super Saturday LIVE” on QVC Saturday, July 26 at 2 PM (ET), to benefit Ovarian Cancer Research Fund (OCRF).

A longtime supporter of OCRF’s unique “designer garage sale” in the Hamptons, Ripa, who is best known as the co-star of “LIVE with Kelly and Michael,” will once again serve as its host. Currently in its 17th year, Super Saturday will air live on QVCduring the “QVC Presents Super Saturday LIVE” broadcast to take viewers inside the prestigious event.

“Super Saturday is a powerful demonstration of the ongoing relationship between OCRF and QVC,” said Claire Watts, CEO, QVC, U.S. “Each year, we unite with OCRF to help them gain greater support for their important research and expand access to their innovative patient support program, Woman to Woman. Working on this initiative with OCRF aligns with our charitable mission to support the success and wellness of women through the power of relationships.”

QVC began broadcasting from the exclusive Super Saturday sale in 2006 to help bring the fun and excitement of the event to more than 100 million U.S. households. Viewers are offered premier fashion, beauty, jewelry, accessories and home items for HALF the manufacturer’s suggested retail price* with 80 percent of the purchase price** of donated merchandise benefitting OCRF.

“Being involved with this event for almost 10 years now, and watching it grow, has been an incredible experience,” said Ripa. “It is truly a feel-good event because it allows women to splurge and spoil themselves while simultaneously supporting such an important cause.”

Often undetected in the early stages due to lack of specific testing, ovarian cancer is the leading cause of death from gynecologic cancers in the United States and is the fifth leading cause of cancer death among American women. QVC’s PSA campaign was designed to bring more awareness to this disease and, with the help of Ripa, spread the word to women across the country.

“QVC and Kelly Ripa have proven to be some of our greatest supporters over the years as we strive to bring attention to the importance of research for ovarian cancer,” said Audra Moran, CEO, OCRF. “QVC’s involvement allows millions of viewers across the U.S. to experience the event and contribute to the cause.”

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About QVC
QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation (NASDAQ: LINTA, LINTB), is the world’s leading video and ecommerce retailer. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. Its programming is distributed to approximately 300 million homes worldwide through operations in the U.S.JapanGermanyUnited KingdomItaly and a joint venture in China. West Chester, Pa.-based QVC has shipped more than a billion packages in its 27-year history and the company’s website, QVC.com, is ranked among the top general merchant Internet sites. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc.

About OCRF
Ovarian Cancer Research Fund (OCRF) is the oldest and largest charity in the United States funding ovarian cancer research. Our mission is to fund scientific research that leads to more effective identification, treatment, and ultimately a cure for ovarian cancer, as well as related educational and support initiatives. Each year there will be approximately 22,000 new cases of ovarian cancer in the United States, and about 15,500 women will die of the disease. Currently there is no effective means of early detection.

Since 1998, OCRF has awarded 217 grants to scientists at more than 65 leading medical centers in the U.S., an investment of nearly $60 million for ovarian cancer research. Thanks to the generosity of our donors, OCRF-sponsored investigators are developing innovative strategies for early detection; exploring the genetics that increase risk for ovarian cancer; understanding the underlying molecular biology of the disease; identifying new and better targets for treatment; and deciphering how and why ovarian cancer spreads, and how to stop it. To learn more or join us in the fight, please visit www.ocrf.org.

*The manufacturer’s suggested retail price is based upon the supplier’s representation of value. No sales may have been made at these prices.**Purchase price excludes shipping, handling and tax.

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Kelly Ripa to promote "QVC Presents Super Saturday LIVE" on QVC Saturday, July 26 to benefit Ovarian Cancer Research Fund

Kelly Ripa to promote “QVC Presents Super Saturday LIVE” on QVC Saturday, July 26 to benefit Ovarian Cancer Research Fund

Harris Teeter’s Plaza Midwood location in Charlotte, N.C. now LEED-certified project by U.S. Green Building Council and verified by the Green Building Certification Institute

Project is Company’s Sixth Store to Achieve LEED Certification

Matthews, N.C., 2014-6-12 — /EPR Retail News/ — Today, Harris Teeter announced its Plaza Midwood location in Charlotte, N.C. is now officially recognized as a LEED-certified project by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI).  LEED is the nation’s preeminent program for the design, construction and operation of high performance green buildings.

The Plaza Midwood renovation project began in 2012 when the former building was removed from the site and completely rebuilt. This location re-opened in May 2013. The project marked a major milestone for not only Harris Teeter but also for Charlotte’s supermarket industry, as this location housed a piece of Charlotte history – the city’s first full service-supermarket. Company co-founder W.T. Harris’ Plaza Midwood store was the first air-conditioned grocery store and the first to stay open until 9 p.m. on Friday nights.

The project achieved LEED certification for energy use, lighting, water and material use as well as incorporating a variety of other sustainable strategies. By using less energy and water, LEED certified buildings save money for families, businesses and taxpayers; reduce greenhouse gas emissions; and contribute to a healthier environment for residents, workers and the larger community.

LEED certification of this project was based on a number of green design and construction features which include:

  • Reducing water usage by using dual flush/solar powered toilets, automated/solar powered restroom sink faucets and reduced flow faucets in prep areas
  • Installing a LiveRoof Hybrid Green Roof which helps manage stormwater runoff, among other environmental benefits
  • Constructing the building with recycled materials and wood sourced from a sustainable forest
  • Recycling waste generated during construction
  • Installing doors and LED lighting on the refrigerated cases

Harris Teeter continues to introduce more sustainable features into its facilities as a part of routine maintenance and incorporates more energy efficient designs into new development, as well.

For more information about Harris Teeter’s sustainability efforts, please visit harristeeter.com.

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Plaza Midwood Harris Teeter Before:

Plaza Midwood Harris Teeter Before:

Plaza Midwood Harris Teeter After:

Plaza Midwood Harris Teeter After:

Philippe Tible to step down from Kingfisher plc’s Board at the end of July

LONDON, 2014-6-12 — /EPR Retail News/ —  Kingfisher plc, Europe’s leading home improvement retailer, today announces that Philippe Tible, CEO Castorama & Brico Dépôt brands, will step down from the Board at the end of July. He will also step down as a member of the Group Executive team but remain with the business until the end of the current financial year to assist with the exclusive negotiations to acquire Mr Bricolage, which was announced in April and to which Kingfisher remains fully committed.

Daniel Bernard, Kingfisher’s Chairman, said: “We have a number of significant developments currently underway in France, including the roll-out of the Castorama ‘Do it Smart’ store format, the expansion of the Brico Dépôt business in France and into other European markets and, most recently, the announcement that Kingfisher is in exclusive negotiations to acquire Mr Bricolage. As we enter a new phase of our development, it is clear that the business needs the next generation of leaders to oversee these plans and so, as a result, Philippe will step down. On behalf of the Kingfisher board I would like to thank him for his very significant contribution over the years and wish him well with his remaining time at Kingfisher and for the future.”

Sir Ian Cheshire, Kingfisher’s Group Chief Executive, said: “I would like to personally thank Philippe for his important work developing our businesses in France, and more recently, Eastern Europe. He has put in place a first class management team and nurtured a pipeline of executive talent which will benefit us enormously in the future. As an example of this, I am delighted to announce that Véronique Laury, CEO of Castorama France, and Alain Souillard, CEO Brico Dépôt brand International, will both be promoted to the Group Executive team, which in addition to the main Board, is responsible for the strategic decision-making of the Group.”

Philippe Tible, CEO Castorama and Brico Dépôt brands, said: “We have created a strong business in France and across Europe over the past few years and developed a strong and capable team which will take our businesses through the next phase of their development. I have worked closely with Véronique Laury and Alain Souillard for many years and I welcome their promotion. I wish them well in the future.”

Véronique Laury, CEO of Castorama France, and Alain Souillard, CEO of the Brico Dépôt brand in France, Spain, Romania and Portugal, will join the Group Executive team as of 1 July. Kingfisher’s businesses in Poland and Russia will report into Sir Ian Cheshire, Kingfisher’s Group Chief Executive.

Ends

Notes to editors

Philippe Tible, CEO Castorama & Brico Dépôt brands was appointed to the Board in October 2012 and has spent 11 years at Kingfisher. He was appointed CEO Castorama and Brico Dépôt brands after nine years with the Group. He previously spent four years as Chief Executive of Kingfisher France. Prior to this he spent five years as CEO of Castorama France. He holds responsibility for the Castorama and Brico Dépôt businesses across the Group.

Véronique Laury, CEO Castorama France

Véronique was appointed to her current role in March 2013 and has spent 10 years at Kingfisher. Véronique has held a number of senior roles at Kingfisher including Group Commercial Strategy Director, Commercial Director of B&Q UK & Ireland and Commercial Director of Castorama France.

Alain Souillard, CEO Brico Dépôt International

Alain is responsible for Kingfisher’s Brico Dépôt businesses in France, Spain, Romania and Portugal. He joined Kingfisher in February 2010 after 35 years at Carrefour. During his time at Carrefour, he was Chief Executive of Carrefour’s French hypermarkets division and ran Carrefour in Poland.

Kingfisher profile
Kingfisher plc is Europe’s leading home improvement retail group and the third largest in the world, with 1,134 stores in nine countries in Europe and Asia. Its main retail brands are B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher also operates the Koçtaş brand, a 50% joint venture in Turkey with the Koç Group.

Enquiries

Investors                                                                                            +44 207 644 1032

Media (UK)                                                                                        +44 207 644 1030

Media (France)                                                                                 +33 1 47 23 93 93

Tesco scoops three Grocer Gold Awards

Cheshunt, England, 2014-6-12 — /EPR Retail News/ — Tesco has scooped three prestigious Grocer Gold Awards at a ceremony held in London last night.

The retailer picked up the Awards for:

  • Online Supermarket of the Year
  • Own Label Range of the Year, for finest*
  • Business Initiative of the Year, for its work to actively change customer behaviour towards low calorie drinks

The Own Label of the Year for Tesco finest* follows recent success at The Grocer’s Own-Label Food and Drink Awards with finest* scooping 22 of the awards available – more than any other retailer.

On the Grocer Gold finest* win, John Scouler, Commercial Director said:

“We’ve made big improvements to our finest* range, and customers have told us how much they love the new food. This Grocer Gold award is the cherry on the finest* cake.”

On the award for Online Supermarket of the Year, Simon Belsham, Managing Director of Grocery Home Shopping said:

“We’re absolutely thrilled to have won this award.  We were first supermarket to launch online shopping in 1998 and it’s fantastic that we’re still recognised as the best online supermarket sixteen years later.  In all that time, our focus has been the same – we always aim to give our customers what they want, when they want it and how they want it.”

And on the award for Business Initiative of the Year, Leonie Foster, Brand Marketing Director said:

“We’re delighted that this award recognises the work we have done in removing three billion calories from our soft drinks, to help customers live healthier lives.  And we’ll keep finding ways to help them make healthier choices, such as taking sweets off all our checkouts.”

Notes to Editors

1.       For more information on the Grocer Gold awards, visit: http://www.thegrocergoldawards.co.uk/page/2014_winners.html

2.       For more information on Tesco’s success at the recent Grocer Own Label Awards, visit: http://www.tescoplc.com/index.asp?pageid=17&newsid=963

3.       For more information on Tesco’s recent changes to online shopping, including lowering delivery charges and making Click and Collect free, visit: http://www.tescoplc.com/index.asp?pageid=17&newsid=956

4.       For more information on Tesco’s ambition to use its scale for good by helping customers and colleagues lead healthier lives, visit:  http://www.tescoplc.com/index.asp?pageid=584

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

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

Carrefour announced special events across its stores to celerate football

PARIS, 2014-6-12 — /EPR Retail News/ — Since the beginning of the month, Carrefour stores have been offering special events to their customers across the globe. Here’s a quick world tour of what’s going on in our stores:

In Brazil, King Pelé has been Carrefour’s ambassador since 2013. In addition to Pelé’s appearances in our TV adverts, 20 randomly selected customers will get the chance to meet the football star and watch a match with him – an unforgettable experience! Special events are also being held in all our stores. The day before each match involving Brazil, Carrefour stores will feature the ‘Day of the King’ promotion, offering a selection of products to enable our customers (the ‘kings’) to transform their homes and party with their friends and family as if they were at the stadium.

To celebrate the occasion in France, Carrefour organised the Carrefour Cup which ran from 19 April to 7 June. This national tournament pitted five-aside teams against each other on Urban football pitches, giving them a chance to share a friendly sporting experience. The competition was split into three parts: a qualification phase, a regional finals stage involving the eight best teams from each region, and the national final at the Orsay Urban Football Centre. From the final 32 onwards, matches were organised in the parking lots of Carrefour stores. The winners will have the opportunity to attend the France–Ecuador match in Brazil.

At the same time, Carrefour stores ran ‘collector’s cards’ and ‘predictions’ campaigns during May. For every television set (40’ or larger) purchased in a Carrefour store, customers could have a go at predicting the scores of France’s first three matches. If the customer predicts all three scores correctly, the cost of their television will be refunded.

Finally, there will be a collection promotion running until 13 July, where customers will be able to collect a set of ‘Braziletos’: bracelets in the colours of seven different countries.

In Italy, Carrefour is refunding 50% of the cost of all products listed in the catalogue and thousands of other items offered in store between 5 June and 13 July 2014. Every time Italy win a match, customers can obtain a full refund on the products. This wide-ranging promotion is supported by adverts showing on television and online.

In Belgium, Carrefour is offering its customers an exclusive Panini sticker album featuring the Red Devils. Swap fairs will be organised in many stores, alongside events held in the parking lots.

In Spain, our stores are offering a large-scale marketing promotion, and numerous events in the parking lots on days when Spain is playing.

In Argentina, Carrefour is partnering with Visa for a special promotion: all customers who pay with their Visa card can take part in a major competition which will send 60 winners to Brazil to attend a football game.

In China, customers are invited to watch live and pre-recorded matches in specially equipped areas of Carrefour stores.

Finally, in Poland, Romania and Taiwan, all stores will be decorated in the colours of Brazil and will offer fantastic promotional events.

 

Kesko: Youth Guarantee in the K-Group programme achieved target six months ahead of the deadline

By the beginning of June, Kesko and K-stores have employed a total of 1,188 young people in the target group of the Youth Guarantee in different parts of Finland. The Youth Guarantee in the K-Group programme was launched last year aiming to employ 1,000 young people by the end of 2014. The target was achieved six months ahead of the deadline.

Helsinki, Finland, 2014-6-11 — /EPR Retail News/ — Most of the youths found employment during August 2013 – May 2014 at K-food stores. Young people have also been given jobs by Intersport, Kesport, Musta Pörssi, Kookenkä, K-rauta, Rautia and K-maatalous, VV-Auto, Keslog, Anttila and Kesko. The programme has been most successful in the Greater Helsinki area, Northern Ostrobothnia and Northern Savo.

–  The Youth Guarantee works when there is willingness to invest in it. We achieved the target well ahead of the deadline, because K-retailers and Kesko with its subsidiaries were strongly committed to employing young people. Close and smooth cooperation between employers and the Employment and Economic Development Centres has also been central for the success, says Matti Mettälä, Senior Vice President responsible for Kesko’s Human Resources and Stakeholder Relations.

Close cooperation with employment authorities

Kesko’s Board of Directors granted €100,000 for the launch of the programme in 2013. The amount enabled, among other things, a project coordinator to be hired by the K-Group to act as a liaison between K-retailers, Kesko and the Employment and Economic Development Centre.

As the programme has advanced, operating models have been developed for the different parties in order for employment to take place fast. For example, the Employment and Economic Development Centres now have contact persons assigned to assist the K-Group employers to find the most suitable young people for the jobs. They also help in the wage subsidy process in order that employment takes place at the agreed time.

Tarja Mäntykoski, the retailer of K-market Viljami in Peräseinäjoki, is satisfied with the support she has received. She has employed two young people to work at her store with the help of the Youth Guarantee.

– This is definitely a very good system for providing employment to young people. My experiences of the Youth Guarantee are only positive. It does not involve any complicated bureaucracy, says Mäntykoski.

For many youths, work experience form a K-store is an important springboard into working life. Joni Yliviitala, working at Intersport Ruoholahti in Helsinki, is happy about the job he got with the help of the Sanssi card.

–  I had applied for nearly 20 different jobs before I got this. The Employment and Economic Development Centre had given me a Sanssi card, which had not been useful until the job interview for this job, says Joni Yliviitala.

The K-Group employs around 45,000 people in eight countries and 20,000 of them are less than 30 years old. Kesko and K-retailers employ approximately 30,000 people in Finland, around 20,000 of whom are employed by K-retailer entrepreneurs. During the past eight months, the K-Group has employed a total of 5,000 young people.

Further information:
Matti Mettälä, Senior Vice President, Human Resources and Stakeholder Relations, Kesko Corporation, tel. +358 105 322 200

Johanna Kinnunen, Project Coordinator, K-Retailers’ Association, tel. +358 503 427 860

H&M Group announces 19% increase in May 2014 total sales including VAT compared to the same month last year

Stockholm, Sweden, 2014-6-11 — /EPR Retail News/ — In May 2014, the H&M Group total sales including VAT increased by 19 percent in local currencies compared to the same month last year.

Sales in May were positively affected by calendar effects of approximately 3 – 4 percentage points.
In June, this will be reversed, i.e. sales will be affected by negative calendar effects of 3 – 4 percentage points.

In the second quarter of 2014, i.e. during period 1 March to 31 May, sales including VAT increased by 16 percent in local currencies.

Sales including VAT in the second quarter converted into SEK amounted to SEK 44,181* m (36,923).
Sales excluding VAT amounted to SEK 37,827* m (31,635).

The total number of stores amounted to 3,285 on 31 May 2014 versus 2,908 on 31 May 2013.

Percentage sales development for the month of June will be published on 15 July 2014.

* The amounts are provisional and may deviate slightly from the Interim Report that will be released on 18 June 2014.

Karl-Johan Persson, CEO

Contact person: Nils Vinge, Head of IR +46-8-796 5250
The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 11 June 2014.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,200 stores in 54 markets. In 2013, sales including VAT were approximately SEK 150 billion. The number of employees amounts to more than 116,000.
For further information, visit hm.com.

Lowe’s advances retail innovation with the introduction of Lowe’s Innovation Labs and its first project the augmented reality concept Lowe’s Holoroom

Augmented reality project planning experience is first concept from newly-formed Lowe’s Innovation Labs

MOORESVILLE, N.C., 2014-6-11 — /EPR Retail News/ — Today, Lowe’s underscored its commitment to advancing retail innovation as it introduced Lowe’s Innovation Labs and the first concept to come out of the lab, the Lowe’s Holoroom. Lowe’s created Lowe’s Innovation Labs to build new technology to solve common consumer frustrations while working alongside start-ups, universities, specialized professionals and other companies.

“We know that for many homeowners, the struggle to visualize a completed home improvement project or to share that vision with others can stop a project in its tracks,” said Kyle Nel, executive director of Lowe’s Innovation Labs. “The Holoroom is our solution, enabling consumers to visualize their project and share that vision with family and friends.”

The Lowe’s Holoroom is a home improvement simulator which applies 3-D and augmented reality technologies to provide homeowners an intuitive, immersive experience in the room of their dreams.

A customer will begin by choosing their preferred products before viewing and experiencing those products in the Holoroom. While in the Holoroom, they can make changes to the room design or finalize their plan with confidence. A take-home printout will allow customers to view a 3-D model of their room at home, and share the model with family and friends, by downloading a free app available on iOS or Droid devices.

“Lowe’s wants to lead innovation by developing disruptive technologies that will help us establish a long-term competitive advantage,” said Nel. “Lowe’s Innovation Labs will allow us to quickly bring in new technology and new partners, explore a wide range of possibilities and identify opportunities to develop concepts like the Holoroom.”

The Lab is on the forefront of bringing together unexpected partners to imagine the seemingly impossible and breathe life into solutions that create new experiences for consumers through technology, such as the Lowe’s Holoroom. SciFutures, a foresight and innovation consultancy, partnered with Lowe’s during the development of the Holoroom and is one example of the uncommon partnerships Lowe’s is cultivating.

“We use the power of science fiction narratives to predict future possibilities and explain complex technologies in a way everyone can understand,” said Ari Popper, founder and co-CEO of SciFutures. “Using this science fiction prototyping process we collaborated with Lowe’s to see the world could look like, and their determination to bring that vision to life led to the Holoroom.”

The Lowe’s Holoroom will be introduced in select Toronto stores in 2014, and equipped with thousands of products to help customers plan a bathroom remodel. Additional product categories and rooms will be added to the Holoroom to help plan projects throughout the home over the next 12 to 18 months. Lowe’s Innovation Labs will share updates on the Lowe’s Holoroom as well as future initiatives on Twitter at twitter.com/loweslabs.

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe’s has more than 1,830 home improvement and hardware stores and 260,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

Contact:

Amanda Manna
Lowe’s Companies, Inc.
(704) 758-2184
amanda.d.manna@lowes.com

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Lowe’s advances retail innovation with the introduction of Lowe’s Innovation Labs and its first project the augmented reality concept Lowe’s Holoroom

Lowe’s advances retail innovation with the introduction of Lowe’s Innovation Labs and its first project the augmented reality concept Lowe’s Holoroom

Lowe’s advances retail innovation with the introduction of Lowe’s Innovation Labs and its first project the augmented reality concept Lowe’s Holoroom

Lowe’s advances retail innovation with the introduction of Lowe’s Innovation Labs and its first project the augmented reality concept Lowe’s Holoroom

Delhaize Group completes the divestment of its Bulgarian operations to AP Mart

BRUSSELS, Belgium, 2014-6-11 — /EPR Retail News/ — Delhaize Group announces today that it has completed the divestment of its Bulgarian operations to AP Mart.

Delhaize Group 
Delhaize Group is a Belgian international food retailer present in eight countries on three continents. At the end of the first quarter of 2014, Delhaize Group´s sales network consisted of 3 520 stores. In 2013, Delhaize Group posted €20.9 billion in revenues and €179 million in net profit (Group share). At the end of 2013, Delhaize Group employed approximately 160 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

This press release is available in English, French and Dutch. You can also find it on the website http://www.delhaizegroup.com. Questions can be sent to investor@delhaizegroup.com.

Contacts
Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
Statements that are included or incorporated by reference in this press release and other written and oral statements made from time to time by Delhaize Group and its representatives, other than statements of historical fact, which address activities, events and developments that Delhaize Group expects or anticipates will or may occur in the future, including, without limitation, the financial flexibility that will result from the sale of Piccaddilly to AP Mart; the ultimate value of the transaction to Delhaize Group after working capital adjustments, the expected effect of the portfolio optimization, strategic options, future strategies and the anticipated benefits of these strategies, are “forward-looking statements” within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include phrases such as “guidance,” “outlook,” “projected,” “believe,” “target,” “predict,” “estimate,” “forecast,” “strategy,” “may,” “goal,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “should” or other similar words or phrases. Although such statements are based on current information, actual outcomes and results may differ materially from those projected depending upon a variety of factors, including, but not limited to, changes in the general economy or the markets of Delhaize Group, in strategy, in consumer spending, in inflation or currency exchange rates or in legislation or regulation; competitive factors; adverse determination with respect to claims; inability to timely develop, remodel, integrate, open, convert or close stores; and supply or quality control problems with vendors. Additional risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements are described in Delhaize Group’s most recent Annual Report on Form 20-F and other filings made by Delhaize Group with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. Delhaize Group disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.

Delhaize Belgium to implement transformation plan

BRUSSELS, Belgium, 2014-6-11 — /EPR Retail News/ — Delhaize Belgium issued a press release this morning announcing the intention to implement a transformation plan. Please find in attachment the original press release. The presentation shown during a press conference taking place later today will be available on the Delhaize Group website as from 11.00 CET.

» Delhaize Group

Delhaize Group is a Belgian international food retailer present in eight countries on three continents. At the end of the first quarter of 2014, Delhaize Group’s sales network consisted of 3 520 stores. In 2013, Delhaize Group posted €20.9 billion ($27.8 billion) in revenues and €179 million ($237 million) in net profit (Group share). At the end of 2013, Delhaize Group employed approximately 160 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

 

» Contacts

Investor Relations: + 32 2 412 2151

Media Relations – Group: + 32 2 412 8669

Media Relations – Delhaize Belgium: +32 2 412 84 51

cautionary note regarding forward looking statements
Statements that are included or incorporated by reference in this press release and other written and oral statements made from time to time by Delhaize Group and its representatives, other than statements of historical fact, which address activities, events and developments that Delhaize Group expects or anticipates will or may occur in the future, including, without limitation, anticipated savings from any restructurings, anticipated investments in Delhaize Group’s operations in  Belgium, timing or savings from store closures, and the anticipated benefits from any new strategies and operating profit guidance, are “forward-looking statements” within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include phrases such as “guidance,” “outlook,” “projected,” “believe,” “target,” “predict,” “estimate,” “forecast,” “strategy,” “may,” “goal,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “should” or other similar words or phrases. Although such statements are based on current information, actual outcomes and results may differ materially from those projected depending upon a variety of factors, including, but not limited to, negotiations with unions; disruptions to business caused by strikes; changes in the general economy or the markets of Delhaize Group, in strategy, in consumer spending, in inflation or currency exchange rates or in legislation or regulation; competitive factors; and supply or quality control problems with vendors. Additional risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements are described in Delhaize Group’s most recent Annual Report on Form 20-F and other filings made by Delhaize Group with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. Delhaize Group disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.

 

BRC-KPMG ONLINE RETAIL SALES MONITOR MAY 2014: Online sales of Non-Food products in UK grew 17.0% in May versus a year earlier

LONDON, 2014-6-11 — /EPR Retail News/ — Online sales of Non-Food products in the UK grew 17.0% in May versus a year earlier. In May 2013, they had increased by 9.9% over the previous year. This is the highest online growth recorded since our records started in December 2012, excluding Christmas and New Year.

In May, online sales represented 18.7% of total Non-Food sales of our Monitor, against 17.0% in May 2013. May’s penetration is the second-highest recorded by our monitor, after last November.

The Other Non-Food category contributed over half of the growth. Clothing reported its highest growth since Christmas, and Footwear since December 2012.

Online sales contributed 2.1 percentage points to the growth of Non-Food total sales. Over the last three months, Online represented one third of the total Non-Food growth.

Helen Dickinson, Director General, British Retail Consortium, said: “Britain’s fashion retailers are leading the way in developing their digital offering for discerning customers and that is really paying off in resulting sales figures. This month sees the highest growth in online sales of clothing for five months and the proportion of purchases we are making online has grown several percentage points in a year. This also represents the highest penetration ever recorded for Clothing since the inception of the online monitor. Footwear is telling a similar story where great websites and good online service have led to the second-highest proportion of footwear sales online ever recorded by our monitor.

“The overall strong performance is underpinned by the broadening of the ranges available online, from game consoles to garden furniture. For clothing and footwear we’re seeing a marked shift towards the seasonal ranges of lightweight jerseys, sandals, canvas shoes and outdoor wear while products with a World Cup theme are starting to sell across all gender and age groups.”

David McCorquodale, Head of Retail, KPMG, said: “Online sales surged ahead in May, driving a third of non-food sales growth for retailers over the quarter and underscoring the importance of having a strong multichannel business. As the shift to online slowly continues, retailers must invest in analysing the data they are gathering about their online customers and use this to improve their total proposition.

“The rise of online gives retailers the opportunity to have unbridled insight into consumer shopping habits and it’s vital they take advantage of this and use it to inform their business strategy.”

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

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BRC-KPMG RETAIL SALES MONITOR MAY 2014: UK retail sales up 0.5% on like-for-like basis from May 2013

LONDON, 2014-6-11 — /EPR Retail News/ — UK retail sales were up 0.5% on a like-for-like basis from May 2013, when they had increased 1.8% on the preceding year. On a total basis, sales were up 2.0%, against a 3.4% rise in May 2013.

Clothing was the best performing category, reporting its highest growth since December 2011, while Food was the lowest, reporting a decline in total terms.

The 3-month average year-on-year change for Food was -0.2% in total, turning negative for the first time since our record began in 2008, excluding Easter distortions. For Non-Food, the 3-month average was 4.3%, ahead of the 12-month trend of 3.8%.

Online sales of non-food products in the UK grew 17.0% in May versus a year earlier. The Non-Food online penetration rate was 18.7% in May, the second highest recorded, after last November.

Helen Dickinson, Director General, British Retail Consortium, said: “This quarter sees overall growth in the retail economy with non-food items accelerating: their three-month average growth was 4.3 per cent against the twelve-month figure of 3.8 per cent.

“Customers took advantage of great summer fashion ranges and clothing sales had their best results since December 2011, performing better than any other category. There is also strong momentum in big ticket sales such as consoles and televisions as customers feel confident enough in the economy to make purchases that had been on hold, waiting for economic recovery.

“But there is a very clear pattern in food sales emerging where customers continue to be discerning in search of value. Supermarkets are providing great quality food in a very competitive market and this shows in the three-month average food growth, which turned negative for the first time since our records began in 2008 (excluding Easter distortions). Let’s hope this rebalancing will eventually be rewarding for retailers.”

David McCorquodale, Head of Retail, KPMG, said: “The recovery is gaining pace in the retail sector, but the latest figures reveal the scale of the paradox that has emerged. While non-food retailers are seeing steady sales growth, the grocers appear locked in a race to the bottom, imposing price cut after price cut to maintain their sales volumes. This price war is hindering the retail sector’s overall recovery, which without the effects of these cuts would have seen like for like sales growth outpace inflation over the last quarter.

“With Easter distortions now behind us, the non-food sector is showing encouraging signs of growth with total sales growing by more than 4 per cent over the last quarter. Clothing and footwear led the charge, although furniture and flooring sales are also encouragingly higher than inflation for the quarter. Consumer confidence can still be fickle, but the response to targeted campaigns has been positive. Retailers are investing in their businesses and planning for further growth at home and abroad.

“The main barrier to recovery is now the grocers’ battle over price. The deflationary effect of these prolonged discounting campaigns, whilst good for consumers, is feeding through to the grocers’ margins and share values. The constant price matching brings into question the long term value of the grocers’ brands and positioning, but in the short term is providing the UK consumer with plenty of options.”

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

 

Co-op sets new standards for environmental, safety and security features with its new bulk fuel facilities

SaskatoonSaskatchewan, 2014-6-11 — /EPR Retail News/ — Along with increasing the storage capacity and the efficiency of the distribution network, Co-op’s new corporate bulk plant (CBP) program is setting new standards for environmental, safety and security features.

“They’re more efficient facilities, they’re more environmentally responsible and they’re more secure and safe for operation,” said Kris Bradshaw, petroleum operations and development manager at Federated Co-operatives Limited.

Bradshaw said the bulk plants currently in operation under the old standards remain industry-leading facilities, but are “not up to the standards we want to see.” The 23 bulk fuel plants already constructed, and the 52 more to be constructed in the next five years, have standards anticipating future requirements.

Storage and containment systems

The larger 147,700-litre tanks are set above ground and have two bottoms separated by a space with vacuum monitoring to provide an early identification if failure in either of the two tank bottom layers were to occur.  Additionally, the new tanks are constructed with a bottom manway, which allows access for internal inspection and repair of the tank bottoms if required in the future.

Tanks are placed in a secondary containment dyke lined with a synthetic, hydrocarbon-resistant liner that provides the secondary containment. A second liner membrane is set below the primary liner allowing monitoring capabilities between the liners to warn of any leaks in the secondary containment system.  This essentially provides a tertiary level of containment.

“These redundant layers of containment allow us to evaluate, identify and repair a potential problem with our containment systems prior to having a physical release” said Bradshaw. “So if we were to have a tank leak or a line leak within that containment berm, we are confident that the containment system is fully functional.”

Previous containment involved a single-bottom tank set in a containment dyke with a geo-synthetic clay liner system. This style of liner system was the best available product when the standards for our last round of bulk plants were constructed 20 years ago and FCL has now adjusted again to the best available industry standard.

Another environmental measure in place is in the receiving and load out areas. In the event of spills in the fuel transfer areas, the graded concrete pad helps direct the drainage into a catch basin, which is tied to an underground oil-water separator. The oil-water separator enhances the separation of petroleum products from the water, retaining the petroleum within the separator tank and allowing the clean water to discharge to the storm water system.  The petroleum product can then be recovered and removed from the separator tank for proper disposal.

Safety and security

The new bulk fuel facilities are enclosed within fenced compounds and the entire site is monitored by network of security cameras. The sites are well-lit for operational safety for both Co-op employees and Co-op customers, while causing minimal to no disruption to passing motorists or the use of neighbouring properties.

In the past, bulk plants used a top loading system to fill delivery trucks. Drivers were required to wear respiratory protection to prevent exposure to fuel vapours, there was potential for falls and there was increased risk of overfills and spills as a result of potential undue attention.  The new facilities are equipped with bottom loading and automatic shut-off systems.  Drivers will now be able to safely load from the ground level and fill multiple compartments at the same time and at faster individual rates – 2,200 litres per minute compared to 500 litres per minute previously.

“(Drivers are) on the ground and not climbing on top of the truck,” Bradshaw explained. “Another advantage is we have decreased our loading time from an average of 40 minutes before to about 10 minutes now.”

These are just a few of the features that ensure the Co-op maintains its social and environmental responsibility to employees, member-owners and communities. These features, along with continued improvements to training and operational procedures, will help the CRS remain the industry leader for safe, responsible bulk fuel operations, providing quality service to customers.

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Co-op sets new standards for environmental, safety and security features with its new bulk fuel facilities

Co-op sets new standards for environmental, safety and security features with its new bulk fuel facilities

Retail Industry Leaders Association (RILA) urged the Senate Committee on Appropriations to support amendment to stop micro-unions

Flawed NLRB Decision Balkanizes Workplaces And Undermines Flexibility And Advance Never For Workers.

Arlington, VA, 2014-6-11 — /EPR Retail News/ — Today, the Retail Industry Leaders Association (RILA) urged the Senate Committee on Appropriations to support an amendment to be offered by Senator Lindsey Graham (R-SC) designed to stop efforts of the National Labor Relations Board (NRLB) to fragment workplaces through the application of the micro-union decision from 2011.

The amendment is expected to be offered Thursday, during the full-committee mark-up of the FY 2015 Labor, Health and Human Services, Education and Related Agencies Appropriations Bill. Senator Graham offered a similar amendment last year during mark-up of the FY 2014 bill.

“RILA applauds the continued efforts of Senator Graham and encourages the Committee to support this important amendment,” said Bill Hughes, executive vice president of government affairs. “The Graham amendment slows the application of the micro-union decision, allowing time for due process to consider the issue and preventing the proliferation of the unnecessary conflict and complexity micro-unions inject into the retail workforce. This amendment will benefit employees and customers alike.”

Micro-unions are a result of the 2011 Specialty Healthcare decision, in which the NLRB redefined what could be considered a proper bargaining unit. Pushed by the NLRB in spite of a half-century’s worth of precedent, the novel interpretation allows union organizers to gerrymander a workplace, cherry-picking groups of employees within a larger workforce to form micro-unions.

Since 2011, the NLRB has expanded the application of the rule, which initially only applied to non-acute health care facilities, to other industries, including retail, certifying units consisting of the second and fifth floor women’s shoe department at a Bergdorf Goodman store, and the cosmetics and fragrance department at a Macy’s department store.

“Micro-unions detract from the variety and flexibility that makes retail positions attractive to employees and inhibits the cross-training and nimbleness that forms the foundation of the customer service experience,” added Hughes. “Furthermore, at a time when the economy is starting to turn the corner, introducing the uncertainty and challenges associated with micro-unions to more industries will stunt growth and jeopardize more jobs.”

RILA plans to join with other organizations in a letter to the full committee urging its support of Senator Graham’s amendment and encouraging thoughtful consideration of the challenges posed by the NLRB’s actions on this matter.

The complete letter, sent to the Chairman and Ranking Member today, can be read here.

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

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Brian Dodge
EVP, Communications & Strategic Initiatives
Phone: 703-600-2017
Email: brian.dodge@rila.org

The Retail Industry Leaders Association comments on Ways & Means Joint Hearing On The Verification Of Income And Insurance Information Under The Affordable Care Act

Arlington, VA, 2014-6-11 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) issued the following statement in response to the Ways & Means Joint Hearing on the Verification of Income and Insurance Information Under the Affordable Care Act. Final employer reporting requirements issued by the Internal Revenue Service (IRS) require retailers to provide the IRS with a tremendous amount of employee information on a monthly and annual basis. Compliance for retailers will be complex and deeply burdensome, and will ultimately flood the IRS with a mass of information of dubious value. Additionally, the information required to be collected does not create an effective way to administer premium assistance tax credits to individuals or to minimize the prospects of employees being subjected to repayment of advanced premium assistance tax credits in cases in which Exchanges made an inaccurate eligibility determination.

“Retailers remain concerned that individuals may mistakenly be approved for tax credits through the healthcare Exchanges based upon inaccurate information about their employer-sponsored coverage satisfying the law’s employer mandate.

“There are ways to ease the transition to compliance for individuals, employers, Exchanges and the IRS. Pre-certifying an employer plan would lessen the confusion of Exchange tax credit eligibility and lessen the likelihood of individuals being on the hook for incorrect tax credits. RILA supports the idea of enabling employers to pre-certify on a government website or portal that at least one of their plans meets the employer mandate,” said Christine Pollack, Vice President of Government Affairs.

Background:
The Internal Revenue Service (IRS) released the final rules for the ACA’s reporting requirements on March 5. Under these requirements, employers must compile monthly and report annually numerous data points to the IRS and their own employees. This data will be used to verify the individual and employer mandates under the law, and administer premium tax credits for coverage in Exchanges/Marketplaces.

Over the last several years, RILA noted to the Treasury Department and IRS numerous times that the collection and remittance of the data required under these reporting requirements will be an extremely daunting task for retailers. Unfortunately, the final rules did little to streamline this administratively complicated and burdensome system. While the rules allow for combined reporting for these requirements, they do nothing to ease the burdens of the amount of data that is required to be collected and reported. RILA and the E-Flex Coalition provided extensive policy recommendations to the Administration but the IRS chose not to incorporate these ideas. As such, RILA is advocating for legislative solutions on Capitol Hill to amend these requirements.

A less expansive approach to information reporting can achieve the same ends with fewer burdens to employees and employers. RILA and the E-FLEX Coalition strongly support regulatory and legislative changes to the ACA’s information reporting requirements that would:

  • Give employers the option of prospectively reporting to the IRS information about coverage offered to employees to help increase the accuracy of determinations of eligibility for Exchange tax credits on the front end of the process and reduce the volume of reporting on the back end
  • Replace much of the year-end reporting by employers with more streamlined reporting methods such as a general certification process or an exceptions-based reporting system based on the number of employees who receive tax credits
  • Protect privacy by eliminating the requirement for employers to collect and remit dependents’ Social Security numbers

Contact:

Allie Brandenburger
Director, Communications
Phone: 703-600-2063
Email: allie.brandenburger@rila.org

NACS: U.S. first self-serve gas station turns 50

​ALEXANDRIA, Va., 2014-6-10 — /EPR Retail News/ — Fifty years ago an innovation forever changed fueling — and even retail as a whole — when convenience store operator John Roscoe flipped the switch at a convenience store in Westminster, Colorado, to activate the first U.S. remote access self-service gasoline pumps. On June 10, 1964, the store sold a little more than $36 of gas — 124 gallons to be exact — but selling fuel would never be the same.

It also supercharged the nascent convenience store industry, allowing stores to add fueling operations without adding attendants. Today, convenience stores sell 80% of the fuel purchased in the United States.

“What made self-serve so important to the convenience store industry was that we already had the facility,” said Roscoe, who now lives in Fairfield, California. “By spending $10,000, we effectively got the gasoline business from full-serve gas stations without their labor expenses. If you could sell 1,000 gallons of gasoline with a 10-cents-a-gallon margin, you could double your margin without adding much to your expenses.”

In the 1960s, gas margins were much like other retail margins, and it was common to have 10-cent margins with gas priced between 20 to 30 cents per gallon. Today, gross margins on gasoline are approximately 18 cents per gallon — but expenses are much greater. After expenses, including credit card fees, pre-tax net margins are approximately 3 cents per gallon.

Roscoe’s wasn’t the first self-serve gas station — as far back as the 1930s, some stores allowed customers to pump their fuel with a nearby attendant resetting the pump and collecting money — but this station was the first that allowed true self-serve as we’ve come to know it-.

“This innovation not only changed fueling, but the concept of self-serve that we know today,” said Jeff Lenard, vice president of strategic industry initiatives for the National Association of Convenience Stores (NACS). “Because it was so unique, it took a good decade to truly catch on, but once it did, convenience stores quickly became the country’s dominant fueling stations, and other modern conveniences like to-go coffee, self-serve fountain soda and ATMs soon followed.”

Changing Attitudes
When Roscoe opened his pump in 1964, state fire codes prohibited self-serve fueling in most of the country, but restrictions were gradually removed to allow for self-service dispensers. Today self-service is still prohibited in New Jersey and Oregon, as well as in a few scattered municipalities across the country.

Despite the change in state laws, acceptance within the convenience store industry was slow. To encourage others to jump on the self-serve bandwagon, Roscoe offered to speak about his success on a panel called “New Concepts of Merchandising for Profit” at the 1964 NACS Annual Meeting.

“I was with a person on the panel who operated a meat market in Oregon. After the presentations, all of the questions from the floor were directed to the meat market operator. Gasoline sparked no one’s interest,” recalled Roscoe.

While the panel presentation did not grab store operators’ attention, Roscoe’s fuel sales did. He quickly added self-serve fueling to additional sites and saw sales grow.

Consumers, on the other hand, loved the idea from the start. Because convenience stores could sell unbranded gasoline from self-service pumps cheaper than the branded, full-service stations, customers flocked to convenience stores for their fill-ups.

“The public is always interested in lower prices, and immediately went for self-service gasoline,” said Roscoe. With gasoline typically selling for 20 cents per gallon, a discount of 2 cents per gallon translated into a 10% savings. “That was significant enough to bring people in.”

Transforming the Industry
There’s no doubt that remote self-service dispensers have transformed the fueling industry. “It changed the convenience store industry forever,” said Roscoe. “It allowed convenience store operators to locate on better sites and increase their overall attractiveness.”

Self-service also continues to alter the retail experience around the world. Today, consumers can order groceries by scanning QR codes located on digital signs in train terminals. They can order groceries online and schedule at-home delivery. Deposits are made into checking accounts by scanning checks via mobile banking apps. And even drones may soon play a role as an immediate delivery option.

The continuing redefinition of convenience all began with that first small step in Westminster, Colorado. “Appropriately,” joked Roscoe, “that first sale was for just one gallon.”

“Self-service speeds up transaction times, increases ordering options and helps take costs out of the system. But most of all it has redefined convenience — and the convenience store industry,” said Lenard.

Note to editors: NACS has developed several backgrounders, including a detailed history of self-serve, a video interview with Roscoe and the history of fueling in pictures. Contact Jeff Lenard (703/518-4272 or jlenard@nacsonline.com) to arrange interviews with NACS or Roscoe.

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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.

ICSC and Goldman Sachs Weekly Chain Store Sales Index: weekly sales results experienced decline of 2.8% for the week ending June 7, 2014

NEW YORK, 2014-6-10 — /EPR Retail News/ — The week-over-week pace of chain store sales followed a rolling coaster pattern over the past two weeks with a strong surge in spending at the end of the May fiscal month that was followed by a reversal of the pace in the first week of the five-week fiscal month of June. According to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index weekly sales results experienced a sequential weekly decline of 2.8% for the week ending June 7, 2014 after a gain of 2.9% in the week prior. However, on a year-over-year basis sales remained robust at the start of the five-week June fiscal month at 3.0%.

“After a week-over-week surge in sales two weeks ago, the sales pace reversed that spike in the latest week,” said Michael Niemira, ICSC vice president of research and chief economist. “The good news is that the fiscal month started off on a strong level with relatively strong year-over-year gains in business among most retail segments with outstanding strength in wholesale clubs, furniture stores, dollar stores and noteworthy gains among the drug, discount, electronics, office and apparel stores. If the five-week period holds where the month began, that would be the strongest year-over-year gain in the ICSC-GS index since January 2013,” Niemira added.

Looking ahead, ICSC Research forecasts that June monthly comp‐store sales will increase by 3.5% on a year‐over‐year basis.

Week Ending     Index 1977=100     Year/Year Change     Weekly Change
7-June-14               554.6                        3.0%                        -2.8%
31-May-14               570.4                        3.1%                         2.9%
24-May-14               554.4                        2.1%                        -1.2%
17-May-14               560.9                        2.4%                        -1.3%

[Editor’s notes: The complete report will be available at 7:45 a.m. at http://www.icsc.org/research/publications. In addition, historical data from this index is available under the Research section on ICSC’s website. To view the data, visit and click on the “Weekly Chain Sales Tracking” link and enter the following member id number (1177584) and password (press2002pass) to obtain access to report and historical data.

The Weekly Chain Store Sales Snapshot is produced by the International Council of Shopping Centers and Goldman Sachs. This index measures U.S. nominal same-store or comparable-store sales excluding restaurant and vehicle demand. The weekly index is constructed as a sales-weighted geometric average growth rate to preserve long-term consistency and is statistically benchmarked to a broad-based monthly retail industry sales aggregate that currently represents a sampling of leading retail chain stores, which also is compiled by ICSC. A representative sample of those major retailers has been used as a control group to extrapolate the weekly sales index. As such, the weekly index statistically represents industry sales and is not just a sum of sales for a handful of retailers. The standard period used for the index is Sunday through Saturday, even though some retailers use a different weekly accounting period. The weekly sales index is presented on an adjusted basis to account for normal seasonality and to counter other data anomalies. Weekly seasonal adjustment is at best difficult for chain store sales given that retailers can and often do shift promotions to counter typical shifts in the calendar. Nonetheless, the approach to weekly seasonal adjustment used follows from the Piser Method, which was popular in the early 1930s and became the standard for weekly adjustment.

The Goldman Sachs Group, Inc. is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 60,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.  As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.  For more information, visit www.icsc.org.

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ICSC Contacts:
Michael Niemira
+1 646-728-3482
mniemira@icsc.org

Jesse Tron
+ 1 646-728-3814
jtron@icsc.org

Malachy Kavanagh
+ 1 646-728-3495
mkavanagh@icsc.org

Goldman Sachs Contact:
Leslie Shribman
+1 212-902-5400

Carrefour announced its intention to support the From North producers’ fishery as part of its strategy to have its sole line MSC-assessed

An opportunity for Carrefour to bolster its policy on protecting biodiversity and natural resources

PARIS, 2014-6-10 — /EPR Retail News/ — According to a recent United Nations report on food and agriculture (FAO), world fish consumption has increased dramatically over the last 50 years, practically doubling between 1960 and 2012 – mainly thanks to aquaculture.

Carrefour factors the sustainability of marine resources into its seafood product procurement policies. For example, it exercises care in its selection of species and only uses certified products which are the result of sustainability-managed fishing.

For World Biodiversity Day, Carrefour announced its intention to support the From North producers’ fishery as part of its strategy to have its sole line MSC-assessed. Should it be successful, it will be the first MSC-certified sole fishery in France. Carrefour is providing the organisation with financial support to assist with the pre-assessment and then the environmental assessment, which is carried out by a certification body, independent of the MSC.

The WWF, which has long been one of Carrefour’s partners, has supported this commitment to preserve fish stock – stocks of sole in the North Sea in particular.

By better protecting our ecosystems and their ability to work, Carrefour brand products meet consumer requirements and generate value in the long term.

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Carrefour announced its intention to support the From North producers’ fishery as part of its strategy to have its sole line MSC-assessed

Carrefour announced its intention to support the From North producers’ fishery as part of its strategy to have its sole line MSC-assessed

Wegmans to deliver over 18,000 pounds of non-perishable food to Fredericksburg Area Food Bank on June 12

FREDERICKSBURG, VA, 2014-6-10 — /EPR Retail News/ — On Thursday, June 12, at 10:00 am, Wegmans will deliver over 18,000 pounds of non-perishable food to the Fredericksburg Area Food Bank. The donation includes 18 pallets of presorted nonperishable food.

“We are so very grateful for our partnership with Wegmans,” stated Oya Oliver, CEO of the FAFB. “This donation alone will provide over 15,000 meals to those who are food insecure in our community. As we enter the summer season, many families are struggling to find food to replace meals that had been provided to children at school. This donation will mean that food will be available in food pantries throughout the area to feed their families.”

When the Wegmans tractor-trailer arrives at the Fredericksburg Area Food Bank, Store Manager Chris DePumpo will be on hand along with other employees of the Wegmans Fredericksburg store to help unload the truck.

“In every community where we have a store, we work closely with the local food bank,” says DePumpo. “Food for the hungry is one of our top giving priorities and we know that summer is an especially challenging time of year, so we’re happy help make a difference.”

Where:  Fredericksburg Area Food Bank
3631 Lee Hill Drive
Fredericksburg, VA

Last year Wegmans donated more than 16.5 million pounds of food to area food banks in all of its market areas.

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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.

Fredericksburg Area Food Bank – serving all of Planning District 16 which includes the counties of Stafford, Spotsylvania, King George,  Caroline and the city of Fredericksburg, as well as neighboring communities.  The food bank secures and distributes more than 3.5 million pounds of donated food and grocery products annually; and supports over 70 local charitable agencies, operating more than 160 programs including emergency shelters, food pantries, Club Kids after school snack programs, Mobile Pantry program, Food for Life senior feeding programs, and Kids on the Go Summer Feeding.   For more information on the Fredericksburg Area Food Bank, please visit http://www.fredfood.org.

Contact Information:  

Oya N. Oliver, CEO Fredericksburg Area Food Bank, 540-371-7666 x 139
Jo Natale, Wegmans’ director of media relations, 585-429-3627

 

Six Burlington-area students presented with $500 scholarship grants from Wegmans Food Markets

BURLINGTON, MA, 2014-6-10 — /EPR Retail News/ — Six Burlington-area students were presented with $500 scholarship grants from Wegmans Food Markets at their high school awards ceremonies this year. The local recipients are graduating seniors from Burlington High School, Bedford High School, and Billerica High School. Wegmans partnered with each school to select two students who exemplify Wegmans’ values: Caring, Respect, High Standards, Empowerment, and Making a Difference. Congratulations go to the following recipients:

Burlington High School:

Irina Grigoryeva
Rachel Merullo

 

Bedford High School:

Victoria Barry
Cydni Burton

 

Billerica High School:

Kylie Reardon
Julie Schultz

 

These awards are a symbolic nod to the supermarket’s annual announcement of recipients for its Employee Scholarship Program, which was started in 1984, which helps employees along the path to higher education.

“This year we are celebrating more than 30,000 employee scholarship recipients over the last 30 years at Wegmans,” said Kevin Russell, store manager at Wegmans Burlington. “We’re happy to introduce ourselves as a new neighbor in the Burlington community by awarding these scholarships to local students as we prepare to open our store.”

The local recipients joined 1,766 Wegmans employees that were granted new scholarships this year, with an expected payout of $4.91 million to the program’s current and new recipients for the 2014/2015 academic year. Since the program was founded in 1984, more than 30,000 Wegmans employees have received a total of $95 million in tuition assistance.

To receive a scholarship, Wegmans employees must meet work-performance criteria. Eligibility is also based on a minimum number of work hours over a specified time period. Part-time employees can receive up to $6,000 over four years and full-time employees can receive up to $8,800 over four years, with no limit placed on the number of scholarships awarded and no restrictions on a student’s course of study from an accredited college.

The Burlington Wegmans will open in fall 2014 on Third Avenue. The new store, which will have 600 full-time and part-time employees, is currently hiring. Applicants may apply online at www.wegmans.com/careers or call 1-877-WEGMANS (934-6267) for more information.

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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

Dunkin’ Donuts plans to open 54 additional new restaurants in Southern California

Dunkin’ Donuts restaurants planned to open in Downey, Long Beach, Modesto, Santa Monica and Whittier before the end of 2014

CANTON, MA, 2014-6-10 — /EPR Retail News/ — Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, today announced that the company has filed for permits to open its first traditional restaurants in California. The new restaurants are planned for Downey, Long Beach, Modesto, Santa Monica and Whittier. Specific locations and anticipated opening dates will be announced later this summer, with construction scheduled to begin later in June, months ahead of schedule.

The new Dunkin’ Donuts restaurants in Downey and Whittier will be operated by new franchisees Danny and Coby Sonenshine, founders of Prell Restaurant Group. In Long Beach, the Dunkin’ Donuts restaurant will be operated by Frontier Restaurant Group. In Santa Monica, the restaurant will be operated by Gary Haar, an existing Dunkin’ Donuts and Baskin-Robbins franchisee with seven restaurants in New Jersey, and his business partner Steve Silverstein. And, in Modesto, the restaurant will be operated by Sizzling Donuts, LLC, an existing franchise group with Dunkin’ Donuts restaurants in Colorado, Texas and Utah.

Since opening California for franchise development in 2013, Dunkin’ Donuts has executed store development agreements for nearly 200 new restaurants total to date. The company believes it can eventually have as many as 1,000 restaurants throughout the state. The company has already opened three non-traditional Dunkin’ Donuts restaurants in California, including a recent Dunkin’ Donuts/Baskin-Robbins combination location inside the Embassy Suites San Diego Bay Downtown Hotel.

“We are pleased with the solid start to our California development plans, and today’s announcement of the locations of our first new traditional Dunkin’ Donuts restaurants represents development that is ahead of schedule due to the strong interest of prospective franchisees and consumers across the state,” said Paul Twohig, President, Dunkin’ Donuts U.S. and Canada, and Dunkin’ Donuts & Baskin-Robbins Europe and Latin America. “We are especially happy to be partnering with such experienced and passionate franchise groups as we begin opening traditional Dunkin’ Donuts restaurants in California. We look forward to keeping Californians running on our brand’s high-quality coffee, sandwiches and baked goods.”

The company is also announcing the signing of multi-unit store development agreements with four new franchise groups to develop 54 new restaurants throughout Southern California in the coming years, which include:

 

  • New franchise group Burton Restaurants, LLC plans to develop 14 restaurants in San Diego over the coming years. Led by military veteran Tali Burton, the team includes industry veteran Robert Fox and entrepreneur Ryan Redmond. Their first restaurant is expected to open in 2016.
  • Mike Stout and Neal Wichard, leaders of a new franchise group, come with extensive restaurant industry experience in California, will develop 16 restaurants in Northern San Diego and Southern Inland Empire over the coming years. Their first restaurant is planned to open in 2015.
  • Good Treats LLC, a new franchise group led by Bjorn Bayley and Johnny Andersen, who have a wealth of International and California retail experience, will develop 14 restaurants throughout Glendale, Burbank and Santa Clarita Valley over the coming years. Their first restaurant is planned to open in 2016.
  • The Tasty Group LLC, whose principals include local restaurateurs and developers David Ahn and BJ Kim, existing franchisee Dante Rizzo, and Frank Giardina, plans to develop two restaurants in Santa Barbara and eight restaurants throughout Ventura County over the coming years, with the first restaurant expected to open in 2016.

 

Franchise opportunities for Dunkin’ Donuts still remain available throughout California in Fresno, Bakersfield and Santa Barbara, Northern California, and portions of Southern California. More information about franchising opportunities in California can be found at www.dunkinfranchising.com.

Since the 1950s, Dunkin’ Donuts has been a daily ritual for millions of people and has offered guests delicious food, beverages, and friendly service at a great value. Dunkin’ Donuts offerings include hot and iced coffee, hot and iced tea, lattes, Dunkin’ Donuts K-Cup® Packs, Coolatta® frozen drinks, donuts, muffins, bagels, breakfast and bakery sandwiches, and a DDSMART® menu featuring better-for-you menu items.

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

CONTACT INFORMATION

Michelle King
michelle.king@dunkinbrands.com

About Dunkin’ Donuts  Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for seven years running. The company has more than 10,500 restaurants in 31 countries worldwide. For the full-year 2012, Dunkin’ Donuts’ restaurants had global franchisee-reported sales of approximately $6.9 billion. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

Penn State Hershey Health System to join Rite Aid Health Alliance initiative

Rite Aid Pharmacists, Penn State Physicians and Special Care Coaches to Provide Personalized, Community-Based Health Management to Chronic and Poly-Chronic Patients in Hershey and Greater Harrisburg

CAMP HILL, Pa., 2014-6-10 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) today announced Penn State Hershey Health System as the latest healthcare provider to join its Rite Aid Health Alliance initiative. The partnership will be formally announced this afternoon by John Standley, Rite Aid chairman and CEO, and Harold L. Paz, M.D., M.S, CEO of Penn State Hershey Medical Center and Health System, Penn State’s senior vice president for health affairs and dean, Penn State College of Medicine, during a 1 p.m. press conference at the Rite Aid pharmacy located at 337 West Chocolate Ave., in Hershey. Unveiled earlier this year, Rite Aid Health Alliance provides comprehensive care and support to individuals with chronic and poly-chronic health conditions and helps them achieve health improvement goals established by their physicians.

“Across Central Pennsylvania, Penn State Hershey has long been known as one of the preeminent healthcare systems in the country, and like Rite Aid, they share our commitment to providing access to affordable and high-quality health care,” said Standley. “We are especially pleased to be working with their physicians to bring Rite Aid Health Alliance to patients in the Hershey and greater Harrisburg area. Together, we will help our patients manage their conditions and improve their overall health and wellbeing.”

Rite Aid’s Health Alliance integrated care model is a first for the drugstore industry, because it uniquely leverages the combined expertise of community pharmacists, who are one of the most accessible and trusted resources among healthcare providers, along with specially trained in-store healthcare coaches. Penn State Hershey physicians can refer patients who they feel would benefit from additional coaching in areas such as medication management and meal and exercise planning. All members of the care team will communicate regularly with physicians in a true partnership to improve patients’ overall health.

“Partnering with Rite Aid’s Health Alliance program is another way in which Penn State Hershey can ensure our patients receive quality care in the most appropriate, cost-effective setting,” said Paz. “This program serves as an innovative example of how an academic medical center can work with other community healthcare providers to help patients with chronic conditions access a full range of resources to help them manage their health.”

Through Rite Aid Health Alliance, patients with chronic and poly-chronic conditions, like congestive heart failure, COPD, high cholesterol and diabetes, are recommended to the program by their primary care physician. Rite Aid pharmacists and specially trained care coaches, located in Rite Aid pharmacies, work with the physician and patient on an on-going basis to improve the patient’s overall health and self-management abilities. The care team members collaborate with the patient to establish health goals, eliminate barriers and create a personalized health care action plan in coordination with the patient’s physician.

Currently, the Company is piloting Rite Aid Health Alliance partnerships with High Point, N.C.-based Cornerstone Health Care; Glendale, Calif.-based Apollo Medical Holdings, Inc. (“ApolloMed”); and Greater Buffalo United Accountable Healthcare Network of Buffalo, N.Y.

In these markets at select Rite Aid pharmacies, Rite Aid provides the care coaches on the team through its wholly owned subsidiary Health Dialog, a leading provider of healthcare patient support, analytics and decision support. Health Dialog coaches will be available in Rite Aid pharmacies, and specialize in behavior change to help patients address lifestyle health issues.

The full range of services available to patients participating in Rite Aid Health Alliance includes medication compliance support; comprehensive medication reviews and reconciliation; nutrition and weight management information; disease education; exercise coaching and tobacco cessation support. Records of all interactions, which occur in Rite Aid pharmacies, as well as updates from the physician, are stored electronically, along with patient profiles including medications and lab results. This supports continuity of care and provides convenient access of information to other members of the patient’s healthcare team.

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:

Investors: 0 0 717-975-3710, Matt Schroeder 717-214-8867 or investor@riteaid.com

Media: Ashley Flower 717-975-5718

Price Chopper opens new supermarket in Storrs Connecticut

Flag Raising, National Anthem and Ribbon Cutting Mark Grand Opening

Schenectady, N.Y., 2014-6-10 — /EPR Retail News/ — On Friday morning, the American Legion raised the American Flag to the National Anthem performed by Ryan Burns in celebration of the grand opening of the newest Price Chopper Supermarket located at 1220 Storrs Road in Storrs, Conn.

Price Chopper Executive Chairman of the Board Neil Golub, President and CEO Jerry Golub, Store Manager Jim Henson and other company officials were joined by the Honorable Elizabeth Paterson, Mayor, Town of Mansfield; Matthew Hart, Town Manager, Town of Mansfield; Cynthia van Zelm, Executive Director, Mansfield Downtown Partnership; Susan Herbst, President, University of Connecticut and shoppers for a ribbon-cutting ceremony.

“We are so pleased to offer a brand-new, state-of-the-art supermarket here in the Mansfield-Storrs area,” said Jerry Golub. “As a homegrown business, we are proud of our small town roots and look forward to providing Price Chopper quality, value and customer service to all who enter our doors. And we appreciate the opportunity to become a valued neighbor by helping to nourish the community around us, both literally and figuratively,” he added.

Twenty full-time and 130 part-time jobs were created because of this new 32,000-square-foot Price Chopper, which is the latest addition to the substantial public/private partnership development known as Storrs Center, located directly across the street from the University of Connecticut.

Price Chopper’s traditional preview party was held at the store from 5:30 to 7:00 p.m. on Thursday evening and raised monetary donations, matched in full by Price Chopper and by up to $2,500 from the real estate developer, Leyland Alliance. The proceeds were divided among the evening’s beneficiaries — The Edwin O. Smith Foundation, My Brother’s Keeper Food Pantry, and the UConn Extension 4-H Program. Attendees were treated to hot and cold buffet stations and an opportunity to enter a drawing for a $250 Price Chopper gift card.

In addition to a quality selection of groceries, including a wide variety of gluten-free, organic and natural products, a pharmacy, a mezzanine café equipped with WiFi, a community room, and outdoor seating, other highlighted offers available at the new Storrs Price Chopper include:

A fresh, full-service Seafood Department, featuring a wide variety of fresh fish and shellfish on ice from around the world that Price Chopper will fry or steam free of charge, live lobsters, all natural no-water-added scallops, and a menu of fried seafood dinners, including Price Chopper’s popular signature fried haddock dinner.

A fresh Meat Department, featuring Certified Angus Beef; all natural pork and Grade A poultry; Chiappetti brand All Natural fresh lamb, veal, and Anti-Biotic Free Grass Fed Beef; plus a full-service case assortment of marinated and seasoned ready-to-cook entrees and a variety of local favorites like Grote & Weigel and Mucke’s Frankfurters.

A fresh Produce Department, featuring superior quality fresh fruit and vegetables harvested from regional farms during the Northeast growing season and from farms around the world, including conventional and organic produce, “first of the season” items, specialties and exotics, as well as a wide variety of fresh cut fruit and vegetables and natural juices.

Central Market Florist, Price Chopper’s signature floral department and part of the largest custom florist network in the Northeast, offers high quality bouquets, a seasonal selection of fresh cut flower bunches and floral arrangements for any occasion, as well as seasonal outdoor nursery products for gardening and home enhancement needs, blooming and foliage plants, balloons, plant care items and holiday wreaths.

A fresh Bakery Department, offering donuts made from scratch, a variety of traditional and crusty artisan breads and bagels, a variety of choose-your-own artisan rolls, cakes, cupcakes, pies, muffins, and elegant special occasion desserts.

A fresh Deli Department, featuring a wide variety of sliced-to-order deli meats and cheese, including our own Price Chopper brand and the premium Dietz & Watson line, no-preservatives-added home-style and specialty salads, assorted imported, domestic and local cheeses, a selection of chef inspired entrees and sides, and a full-service Starbucks.

A fresh Food Service offer featuring several flavors of Price Chopper’s award-winning, slow roasted, all natural rotisserie chicken; Bella Roma pizza, made fresh with hand-stretched dough; subs and sandwiches made fresh on just-baked breads and rolls; hand-breaded fried chicken and a hot and cold soup bar.

NuVal, the revolutionary nutritional scoring system that gives thousands of fresh and packaged foods a score of 1 to 100 – the higher the number, the higher the nutritional value. NuVal scores are found on store signage and in the upper right-hand corner of shelf tags.

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About Price Chopper
Based in Schenectady, NY, the Golub Corporation owns and operates 135 Price Chopper grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American owned, family-managed company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub’s 22,000 teammates collectively own more than 47% of the company’s privately held stock, making it one of the nation’s largest privately held corporations that is predominantly employee-owned. For additional information, visit www.pricechopper.com.

Contact:
Mona Golub
Price Chopper
518.379.1480

Jonathan Pierce, APR
Pierce Communications
518.427.1186
518.221.1186 (cell)
jon@albanypr.com

The Prince’s Trust and Tesco launch new programme to help 500 unemployed young people find jobs

Cheshunt, England, 2014-6-10 — /EPR Retail News/ — A new programme to help 500 unemployed young people find jobs has been launched by The Prince’s Trust and Tesco.

A successful pilot programme in London has helped 12 young people to secure jobs at Tesco, and it will now be rolled out in other areas of the country with high levels of youth unemployment including Glasgow, Liverpool, Middlesbrough, Birmingham and North Wales.

It comes as new research shows that 74 per cent of British adults believe that youth unemployment is one of the biggest issues facing the UK today¹, and that one in five (19 per cent) of the UK’s young people are struggling to find work².

The new programme – Launch – offers unemployed 18-to-24-year olds employability skills training, hands-on experience and mentoring to help them find jobs.

All participants will receive ongoing support from Tesco and The Prince’s Trust following the four-week scheme.

Lisa McDermott, 21, from Leyton secured a job with Tesco after completing the programme last week. She said: “It was amazing to hear I’d got the job at Tesco and I couldn’t stop smiling! I’m not sure when it will sink in to be honest. I would love to work my way up and hope to be here for a long time. Just four weeks ago I was unemployed and feeling hopeless and now I’m looking forward to a bright future.”

Martina Milburn CBE, chief executive of The Prince’s Trust said: “Youth unemployment can contribute to low self-esteem, feelings of hopelessness and even depression. When an unemployed young person secures a job, it can quite literally transform their life. We are delighted to be working with Tesco to continue to reach those furthest from the jobs market.”

Judith Nelson, UK Personnel Director at Tesco, said “I’m incredibly proud of our record of helping young people to get a foot on the career ladder. We currently employ almost 65,000 young people in the UK and the scale of our business means each and every one of them has the chance to get on. We want to go even further by supporting more young people in the communities we serve, and by working together with The Prince’s Trust on this fantastic programme we can really change lives.”

USDAW General Secretary, John Hannett said “We welcome this new programme and Tesco’s commitment to supporting young people into work.  Many of our members have experienced challenges getting into the job market and we know that young people find it particularly hard to break the cycle of ‘no experience – no job, no job – no experience’.  The training and opportunities to learn on the job that this programme offers will be valuable in giving young people the skills and experience to succeed in the retail industry.”

This programme is part of the Movement to Work initiative designed to help tackle youth unemployment in the UK. Tesco is one of 15 leading UK employers already signed-up to the initiative, which aims to support 100,000 unemployed young people, giving them the skills and confidence to find a job. Tesco’s Regeneration Partnership programme has already helped more than 6,000 people out of long-term unemployment.

Youth charity The Prince’s Trust supported 58,000 young people last year. Three in four young people supported by The Trust move into work, education or training.

¹ Online survey conducted by Tesco between 16th and 19th May with a nationally representative sample of 989 adults.

² Figures taken from the ONS Labour Market Statistics, May 2014

To find out more about the next programme call 0800 842 842 or visit www.princes-trust.org.uk

Hear the young people describe their experiences of the Launch programme in their own words: https://www.youtube.com/watch?v=0Wy_2VXjHaY&feature=youtu.be

For more information, images and case studies please contact:

–       Lizzie Roberts in the Tesco Press Office on 01992 644645 or at elizabeth.roberts@uk.tesco.com

–       Jess Hookway at The Prince’s Trust on 020 7543 1382 or at jess.hookway@princes-trust.org.uk

Notes to editors

About The Prince’s Trust
Youth charity The Prince’s Trust helps disadvantaged young people to get their lives on track. It supports 13 to 30 year-olds who are unemployed and those struggling at school and at risk of exclusion. Many of the young people helped by The Prince’s Trust are in or leaving care, facing issues such as homelessness or mental health problems, or they have been in trouble with the law. The Trust’s programmes give vulnerable young people the practical and financial support needed to stabilise their lives, helping develop self-esteem and skills for work. Three in four young people supported by The Prince’s Trust move into work, education or training. The Prince of Wales’s charity has helped 750,000 young people since 1976 and supports over 100 more each day. Further information about The Prince’s Trust is available at princes-trust.org.uk or on 0800 842 842.

Follow us on Twitter: @PrincesTrust

Find us on Facebook: facebook.com/princestrust

About Tesco
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’.  In the UK we employ over 310,000 colleagues including 65,000 under the age of 25.  Creating opportunities to help young people start successful careers is one of Tesco’s three big ambitions to use our scale for good.  To find out more about our scale for good strategy and activities visit www.tescoplc.com/society

About Movement to Work

–       Fifteen of Britain’s biggest employers have come together to form Movement to Work, which aims to support long-term unemployed young people into jobs.

–       The companies are Accenture, BAE Systems, Barclays, BT, Centrica, the Civil Service, Diageo, GSK, HSBC, Kingfisher, M&S, National Grid, Tesco, Unilever, and WPP.

–       Their aspiration is for Movement to Work to offer 100,000 vocational training opportunities for long-term unemployed young people, helping 50 per cent of these into work, education or training. All young people will be offered one-to-one support after the programme to help them progress in their career.

–       For more details on the movement, go to www.movementtowork.com

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

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

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The Prince’s Trust and Tesco launch new programme to help 500 unemployed young people find jobs

The Prince’s Trust and Tesco launch new programme to help 500 unemployed young people find jobs

Tesco Bank now offers full range of retail banking and insurance products with the launch of its first current account

 Cheshunt, England, 2014-6-10 — /EPR Retail News/ — Tesco Bank is today launching its first current account. The account has been designed after listening to more than 20,000 customers, and includes all the key features that matter most to them.

Tesco Bank has been wholly owned by Tesco since December 2008 and now serves 6 million customers in the UK. The launch of the current account means that Tesco Bank now offers a full range of retail banking and insurance products.

Independent consumer finance websites, Defaqto and Moneyfacts, have both given the current account a ‘5 star’ rating. The key features include:

Rewards for customers when they spend, and rewards for customers when they don’t

  • Clubcard points on debit card spend wherever you use your card – both in and out of Tesco
  • 3% AER variable interest on credit balances up to £3,000

Modern and convenient

  • A mobile banking app with innovative features that helps customers manage their money everyday
  • Online banking
  • ‘Contactless’ Visa Debit card which doubles as a Clubcard
  • UK based customer service centres open 24 hours a day, seven days a week
  • The ability to make deposits at over 300 Tesco stores

Transparent

  • Simple and transparent fees and charges
  • £5 monthly fee if customers deposit less than £750 per month. No monthly fee for customers who deposit more than £750 per month
  • Free ‘overdraft control’ feature to make managing the account easier
  • Automatic text and email alerts and extended grace period to help customers avoid unarranged transactions fees

Customers can apply to open an account online from Tuesday 10th June (www.tescobank.com/current-accounts/) with 24/7 support available from Tesco Bank’s UK based call centres. To ensure switching is simple and hassle free, Tesco Bank is a member of the Payments Council’s 7-day switching guarantee service.

“In designing our current account we have listened to more than 20,000 customers to understand what they want. And the account we are launching today offers all the features they told us mattered most. There are no gimmicks; just a simple, rewarding, modern, convenient current account, designed for Tesco customers, by Tesco customers.”
Benny Higgins, Chief Executive Officer, Tesco Bank

“Customers have told us that in banking they want Tesco to deliver in the same way we do for millions of customers across the UK every day. They want us to focus on what we do best – offering customers quality products they can trust, providing great service, making things simple and transparent and rewarding them for their loyalty. We’ve taken all these ingredients and used them to help create our first Tesco Bank current account.”
Philip Clarke, Chief Executive Officer, Tesco

“At last a current account that plays fair regardless of whether you are in credit or overdrawn, which is great news as many of us fall into both categories from time to time.”
Sylvia Waycott, Editor, Moneyfacts

“Increased banking activity in 2014 means customers now have a wider choice of current account options and those looking for long term rewards and credit interest returns will no doubt be attracted to the Tesco Bank proposition.

It’s also good to see that Tesco hasn’t gone down the route of charging daily fees for overdrafts as this can prove an expensive style of tariff, particularly for those only in the red by two or three hundred pounds.

With 7 day switching well and truly bedded in, there’s no longer an excuse to stick with your bank if it doesn’t deliver and that’s something that Tesco Bank and fellow challengers are looking to exploit.”
Andrew Hagger, Moneycomms.co.uk
Notes to editors

  • 1 Clubcard point awarded per £4 spent in each purchase transaction (£4 minimum) within Tesco. 1 point awarded per £8 spent in each purchase transaction (£8 minimum) outside of Tesco. Exclusions apply.
  • The Clubcard scheme is administered by Tesco Stores who are responsible for fulfilling points.
  • Clubcard points are not collected on non-card purchases. These include payments from your current account (such as standing orders and Direct Debits), in store cash or cheque deposits, refunds and when you use your debit card to pay for bills at banks or other financial institutions. You also can’t collect Clubcard points when you use your card to get cash. This includes cashback, in store cash withdrawals, withdrawing cash at a cash machine, gambling, purchasing travel money and wire transfers.
  • 3% AER/2.96% Gross variable credit interest on balances up to £3,000. Interest paid monthly. Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year. Gross is the interest rate paid before tax is deducted.
  • Available to residents of England, Wales and Scotland aged 18 and over. Subject to status.
  • Tesco Bank is part of the Current Account Switching Service.

 

For more information and media enquires please contact:

Michael Strachan (Tesco Bank)
michael.strachan@i.tescobank.com
+44 (0) 7826 556556

Adam Treslove (Tesco Bank)
adam.treslove@i.tescobank.com
+44 (0) 771 3 068642

Paul Farrow (Fishburn)
paul.farrow@thisisfishburn.com
+44 (0) 7530 269946

Sainsbury’s to start selling its popular Tu clothing online this August

LONDON, 2014-6-10 — /EPR Retail News/ — Sainsbury’s, the UK’s seventh largest clothing retailer, will pilot selling its popular Tu clothing online. The pilot will begin in August with an invited group of customers in the Midlands.

The company will offer its Tu womenswear, menswear and childrenswear clothing on a bespoke website, with customers able to choose between Click & Collect and home delivery services. Orders will be fulfilled from Sainsbury’s dedicated high-tech clothing depot in Bedford which serves the 400 stores selling Sainsbury’s clothing.

Sainsbury’s began selling clothing in 1994 and last year more than 7.5 million customers bought its Tu clothing, generating sales of approximately £750 million.

 

James Brown, Sainsbury’s Non-Food Trading Director announced the trial saying: “Our strategy of creating high-street style clothing at supermarket prices has proved a hit with millions of our customers and sales continue to grow strongly. We have doubled our design team, invested heavily in the quality of our clothing and last year we relaunched the brand. Now’s the right time to explore the online channel as a complement to our store business.”

Robbie Feather, Sainsbury’s Online Director said: “Our customers want to shop with us through a range of channels that allow them to shop whenever and wherever they want and they’ve been asking us to extend our online service to our clothing. The pilot will allow us to work with a group of customers to build the right customer experience.”

Notes to editors

  • In November 2012 Sainsbury’s trialled a new department store style non-food format. This is currently in 53 stores and will be in 150 stores by the end of the year
  • 34 per cent of customers can now access, within a 15 minute drive, the full non-food offer, compared to just 11 per cent six years ago

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Sainsbury’s to start selling its popular Tu clothing online this August

Sainsbury’s to start selling its popular Tu clothing online this August

Sainsbury’s to start selling its popular Tu clothing online this August

Sainsbury’s to start selling its popular Tu clothing online this August

Sainsbury’s teamed up with Jo’s Cervical Cancer Trust to raise funds and awareness for cervical cancer prevention

LONDON, 2014-6-10 — /EPR Retail News/ — This week is Cervical Screening Awareness Week and to mark the occasion Sainsbury’s has teamed up with Jo’s Cervical Cancer Trust – the UK’s only cervical cancer charity – to raise funds and awareness for cervical cancer prevention. From 8-14 June, 50p from the sale of every pair of women’s knickers sold in store will go to the charity. Last year the partnership raised a fantastic £46,000 in just seven days. Chief Executive Robert Music tells us why the partnership is so important:

Every year in the UK over 3,000 women will be given the devastating news they have cervical cancer and, in some instances, will face aggressive treatment with serious long term consequences. It is in fact the most common cancer for women under 35. For those diagnosed and treated, quality of life may be significantly reduced for the rest of their life.

A further 300,000 women will receive the news they have a cervical abnormality (pre-cancer) that may require treatment. Both diagnoses can leave a woman feeling confused, scared and very alone. But thanks to fantastic partnerships, like ours with Sainsbury’s, we are now able to reach more women than ever before with our support services. Our services include a national helpline, an online forum, Ask The Expert and local support groups across the UK.

Cervical cancer is unusual in that it can often be prevented thanks to the cervical screening programme and more recently the HPV vaccination programme. It’s estimated that the screening programme saves 5,000 lives every year but it could be saving more. Currently across the UK more than 1 in 5 women do not take up their screening invitation. In 2013 that accounted for almost one million women who failed to attend screening potentially putting their lives at risk.

We know that several barriers exist that could be stopping women from taking advantage of screening. Previous studies commissioned by the charity have shown that fear, embarrassment, a lack of understanding or feeling the test is irrelevant have proven to be a common reason for avoiding making an appointment. We also know that cultural and religious reasons can be found amongst minority communities.

Raising awareness across Sainsbury’s UK stores has been an incredibly impactful way of spreading the message and promoting the importance of cervical cancer prevention. Thank you to everyone who chooses this week to treat themselves to some new underwear, your money makes all the difference to supporting those affected and preventing many more from being diagnosed with the disease.

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Robert Music, Chief Executive, Jo’s Cervical Cancer Trust

Robert Music, Chief Executive, Jo’s Cervical Cancer Trust

Lowe’s Companies, Inc. promotes Paul D. Ramsay to chief information officer

MOORESVILLE, N.C., 2014-6-10 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that Paul D. Ramsay has been promoted to chief information officer (CIO), effective immediately.  He has been serving as acting CIO since March.  Ramsay will report to Richard D. Maltsbarger, who has been appointed chief development officer.  Maltsbarger has responsibility for IT, Strategy, Consumer Insights, and Business Development and is President of Orchard Supply Hardware.

As CIO, Ramsay is responsible for day-to-day operations of Lowe’s IT organization, including the continued development of a technology portfolio that seamlessly supports the operations of the company’s stores, distribution network, e-commerce platforms, and future business technology needs.  He joined Lowe’s in 2011 with more than 25 years of experience in the IT industry.  Ramsay has served Lowe’s as senior vice president (SVP) of IT infrastructure and operations and was named SVP of information technology for Lowe’s U.S. home improvement business in 2013.

“During his tenure at Lowe’s, and particularly during the months as acting CIO, Paul has demonstrated consistent, strong leadership that is making a difference with the IT team,” said Chairman, President and CEO Robert A. Niblock.  “Because IT is an integral part of the strategy and capabilities of an omni-channel retailer, having the function report to Richard will continue to ensure we meet consumers’ future needs.”

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe’s has more than 1,830 home improvement and hardware stores and 260,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

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Paul D. Ramsay

Paul D. Ramsay

AHOLD REPURCHASED 2,632,000 AHOLD COMMON SHARES FOR € 35.04 million BETWEEN June 2 AND 6, 2014

Zaandam, the Netherlands, 2014-6-10 — /EPR Retail News/ — Ahold has repurchased 2,632,000 Ahold common shares in the period from June 2, 2014 up to and including June 6, 2014.

The shares were repurchased at an average price of € 13.3141 per share for a total consideration of € 35.04 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 111,365,113 common shares for a total consideration of € 1,441.37 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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Alain Bouchard of Alimentation Couche-Tard named the 2014 NACS Insight International Convenience Leader of the Year

LONDON, 2014-6-10 — /EPR Retail News/ — Alain Bouchard, president and CEO Alimentation Couche-Tard, has been named the 2014 NACS Insight International Convenience Leader of the Year, sponsored by PepsiCo. The award was presented during the 2014 NACS Insight Convenience Summit – Europe in London on June 4.

Bouchard has led Couche-Tard’s growth as the leader in the Canadian convenience store industry and the second largest independent convenience store operator in terms of number of stores in North America.

Today, Couche-Tard’s convenience store network spans more than 6,200 stores in North America; 2,300 stores across Scandinavia, the Baltics, Poland and Russia; and, through licensing agreements, more than 4,200 stores in Asia, Latin America and the Middle East.

Bouchard has contributed, along with his team, in transforming the image of the convenience store in the minds of North American consumers.

The stores in the Couche-Tard network are well established, according to social-demographic data and precise local knowledge, and Bouchard makes it a point of knowing in-depth customers’ needs and the quality of service they seek.

He also contributes to improving the quality of life of his fellow citizens through his support of social, humanitarian and cultural causes and has developed a sense of leadership that continues to inspire others.

Judges said Bouchard was a transformational leader and a very worthy winner of the inaugural International Convenience Leader of the Year Award.

Bouchard also delivered the keynote address at the NACS Insight Convenience Summit – Europe, sharing key inflection points in the company’s history, the characteristics leading to its success and his perspectives on the future of convenience retailing.

Note to editors: Images available upon request.

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About Insight Research
Insight Research (insightresearch.co.uk) is a U.K.-based strategy, publishing and events business specializing in the international convenience and fuel retailing industry. It offers international retailers strategic advice in developing effective and profitable convenience retail concepts and new store formats, based upon international benchmarking. Insight Research also publishes Global Convenience Store Focus, a monthly industry newsletter, and broadcasts television programs on the sector through its Retail Vision video platform (retailvision.tv).

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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.