Tesco launches new Clubcard ‘Days Out Sale’ offering special deals on exciting UK attractions

Cheshunt, England, 2014-5-16 — /EPR Retail News/ — Tesco has this week launched a new Clubcard ‘Days Out Sale’ offering special deals on a range of exciting UK attractions, including Madame Tussauds, London Dungeons and the Eden Project.

From safari trips and museum visits to aquariums and castles, Clubcard’s new ‘Days Out Sale’ allows customers to boost the value of their Clubcard vouchers at over 200 exciting attractions across the UK.  As little as £2 in Clubcard vouchers can be boosted into a £10 token, meaning that customers can enjoy great savings on family days out.

Rob Graham, Clubcard Partnerships Director said, “Clubcard’s ‘Days Out Sale’ is our way of saying thank-you to our loyal customers. There’s nothing better than spending time with your family and with half term coming up soon, it’s a great opportunity to go out and enjoy some of the attractions in your local area, or further afield – all at unbeatable value.”

In addition to its ‘Days Out Sale’, Tesco is pleased to announce that it has joined forces with three exciting new partners including Ticketmaster, Evans Cycles and Spa Finder, which locates local spas.

Rob Graham comments, “Customers love being able to use their Clubcard vouchers at hundreds of places across the UK, so we’re delighted to be adding more partners.”

The ‘Days Out Sale’ will run from 12 May through to 23 June 2014. Customers can find days out near to them by entering their postcode on the Clubcard website. For a full list of attractions or to find out more visit www.tesco.com/clubcard/days-out

Notes to editors

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.”

About Tesco Clubcard
Clubcard was introduced in 1996 as our way of saying ‘thank-you’ to our loyal customers. Over 43 million of our customers across the world use Clubcard, with 16million of them based in the UK.

For more information please contact the Tesco Press Office on 01992 644 645

Carrefour Argentina Director Daniel Fernández received Entrepreneur of the Year award at the 2013 Security Annual Awards

PARIS, 2014-5-16 — /EPR Retail News/ — Daniel Fernández, Executive Director of Carrefour Argentina, received the prize of the Entrepreneur of the Year in the Hypermarket Sector, within the framework of the 2013 Security Annual Awards.

The ceremony took place in the Exhibition Center of La Rural, in Buenos Aires City, and counted with 300 guests. The awards are organized since 1994 by Security, a legal services enterprise, and its purpose is to encourage and reinforce principles such as ethics, excellency, integrity of procedures and vocation for service.

###

Carrefour Argentina Director Daniel Fernández received Entrepreneur of the Year award at the 2013 Security Annual Awards

Carrefour Argentina Director Daniel Fernández received Entrepreneur of the Year award at the 2013 Security Annual Awards

Tesco scoops nearly a third of the total awards available at The Grocer’s Own-Label Food and Drink Awards

Cheshunt, England, 2014-5-16 — /EPR Retail News/ — Tesco’s newly revamped finest* range has scooped 22 awards at The Grocer’s Own-Label Food and Drink Awards, nearly a third of the total awards available. Overall, the retailer picked up 29 Gold and 21 Silver Awards, more than any other supermarket.

John Scouler, Commerical Director at Tesco said, “We are absolutely delighted to have won so many awards for the quality of our food. Over the last few years we’ve done a huge amount of work to improve our own label products. Our finest* range is now benchmarked against the very best food on the market and these awards show that we’re getting it right. Even more importantly, our customers tell us that they love the new products.”

Awards judge Paul Beresford, MD of Cambridge Market Research, said, “While consumers are turning to discounters for everyday basics, they still seek out treat-worthy but good value purchases. Tesco has clearly found a winning formula for its premium range.”

Research conducted by Cambridge Market Research found that the award-winning finest*products were seen as “new and different” by 67% of consumers, compared with 51% for all other entrants. finest* lines were also considered to be good value, with 14 of the winning lines scoring higher than the category average.

Notes to Editors

For more information on the awards and judging process, visit http://www.thegrocerownlabel.co.uk/page/judging_process.html

A list of the award winning Tesco products are below:

  • British Cheese – Tesco Finest Wensleydale Terrine with Cranberry & Blueberry – Gold
  • Cakes, Muffins & Pastries – Tesco Finest Belgium Chocolate Caramel Shortbread – Gold
  • Cereal & Cereal Bars – Tesco Finest Fruit & Fibre – Gold
  • Chilled Dips – Tesco Finest Butterbean & Roasted Garlic Houmous – Gold
  • Chilled & Frozen Meal Accompaniments – Tesco Finest British Chunky Oven Chips made with Maris Piper Potatoes – Gold
  • Chilled Pates & Spreads – Tesco Finest Rannoch Smoked Duck Pâté – Gold
  • Chilled Pizza – Tesco Finest Wood Fired Salami Napoli Piccante Pizza – Gold
  • Coffee & Hot Chocolate – Tesco Finest Fairtrade Guatemalan Roast And Ground Coffee – Gold
  • Cooking Sauces – Other – Tesco Finest Italian Pomodorini Tomato Sauce – Gold
  • Crackers – Tesco Salt & Black Pepper Crackers – Gold
  • Entertaining – Tesco Goats’ Cheese Canapé Kit – Gold
  • Ethnic Chilled Ready Meals – Tesco Breaded Chicken Fillets & Katsu Sauce – Gold
  • Family Cakes – Tesco Toffee Loaf Cake – Gold
  • Fish Ready Meals – Tesco Finest Coquille St Jacques Scallops in a Champagne & Bechamel Sauce – Gold
  • Fishcakes – Tesco Finest Smoked Haddock With Gruyere And Spinach Melt In The Middle Fishcake – Gold
  • Frozen Desserts – Tesco Finest Scottish Raspberry & Pistachio Semifreddo – Gold
  • Fruit & Vegetables – Tesco Eat Fresh Sweet Mini Peppers Family Pack – Gold
  • Ice Cream & Frozen Yogurt – Tesco Frozen Yogurt Mango & Passion Fruit – Gold
  • Jams, Spreads & Honey – Tesco Finest Salted Caramel Sauce – Gold
  • Meat Slices – Tesco Finest Spanish Platter – Gold
  • Meatballs & Burgers – Tesco Finest British Pork Spicy Chorizo Style Burgers – Gold
  • Premium Pot Desserts – Tesco Finest Heritage Raspberry Panna Cottas – Gold
  • Ready to Eat Fish – Tesco Finest Sliced Kiln Roasted Scottish Salmon with Roquito Peppers & Basil – Gold
  • Sausages – Tesco Finest Pork, Honey & Fennel Sausages – Gold
  • Savoury Pies – Tesco Finest Slow Cooked Scotch Steak Pie – Gold
  • Savoury Snacks – Tesco Finest Colossal Cashews – Gold
  • Sliced Bread – Tesco Finest Sunflower and Pumpkin Seed Cob – Gold
  • Soft Drinks – Tesco Finest Spanish White Grape & English Elderflower Spritz – Gold
  • Traditional Chilled Ready Meals – Tesco Chipotle Chilli Pulled Pork – Gold
  • Bread Accompaniments – Tesco Finest Italian Provolone, Mozzarella and Pecorino Tear and Share – Silver
  • Chilled Dips – Tesco Finest Beetroot & Horseradish Dip – Silver
  • Chilled Pates & Spreads – Tesco Smoked Salmon Mustard & Dill Verrines – Silver
  • Chilled Snacks – Tesco Finest Hand Finished Runny Scotch Eggs – Silver
  • Chilled Vegetable Dishes – Tesco Finest Stuffed Supersweet Chiquino Peppers – Silver
  • Entertaining – Tesco Halloumi Cheese Skewers – Silver
  • Ethnic Chilled Ready Meals – Tesco Finest Chicken Tikka with Jewelled Rice & Lime Relish – Silver
  • Family Cakes – Tesco Finest Carrot Cake – Silver
  • Fishcakes – Tesco Finest Thai Prawn Chilli And Lemongrass Fishcake – Silver
  • Frozen Vegetable Dishes – Tesco Finest Lemon and Asparagus Hollandaise Melt – Silver
  • Fruit & Vegetables – Tesco Finest British Sweet Emerald Green Tomatoes – Silver
  • Mayonnaise – Tesco Light Mayonnaise – Silver
  • Meat Joints – Tesco Finest Norfolk Outdoor Reared Rack of Pork with Stuffing – Silver
  • Meatballs & Burgers – Tesco Finest British Vintage Cheddar Beef Steak Burgers – Silver
  • Pot Desserts – Tesco Chocolate Truffle Dessert – Silver
  • Ready to Eat Fish – Tesco Smoked Salmon Slices with Sweet Chilli – Silver
  • Savoury Pies – Tesco Finest Steak & Burgundy Pie – Silver
  • Soft Cheese – Tesco Finest Torta Con Gorgonzola – Silver
  • Soft Drinks – Tesco Finest Bitter Lemon Mixer – Silver
  • Tea – Tesco Finest Single Estate Ceylon Lovers Leap Tea Bags – Silver
  • Wrapped & Coated Fish – Tesco Finest Scottish Salmon Wellington – Silver

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

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

Intershop shares insights on how retailers can take advantage of the World Cup

  • The significance of mobile devices for e-commerce has skyrocketed since the last World Cup
  • Intershop client SportScheck becomes 2014 European tablet champion
  • The commerce specialist provides tips on how companies can take advantage of additional sales potential generated by the World Cup

Jena, Germany, 2014-5-16 — /EPR Retail News/ — In a comparison of well-known sporting goods retailers across Europe, the mobile web shop of Intershop client SportScheck has been named the 2014 European champion. This puts the retailer in an excellent position to benefit from one of the industry’s main drivers of sales—the men’s soccer World Cup in Brazil. Intershop congratulates SportScheck and, to mark the occasion, shares some last minute advice on how retailers can take advantage of additional sales potential from the World Cup by optimizing their online shops for mobile devices and running targeted, soccer-themed campaigns. As of today, there are just four weeks left until the World Cup gets underway.

Under the title “An open goal for increasing sales: Mobile commerce and the World Cup,” Volker John, Vice President of Sales at DACH Intershop, shares tips on which techniques can be used in online shops displayed on smartphones and tablets to stay ahead of the game. He also encourages companies to use the World Cup as an opportunity to use creative, service-oriented ideas that transcend this major sporting event in order to anchor mobile commerce activities in the minds of customers.

Please click here for the detailed article describing the tips in full.

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

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

###

Kesko Group announces 1.3% increase in sales excluding VAT in April 2014

Kesko Group’s sales, excluding VAT, in April 2014 totalled €821.2 million, up 1.3%.

Helsinki, Finland, 2014-5-16 — /EPR Retail News/ — In Kesko’s food trade, sales in April were €388.5 million, an increase of 10.9% compared to the previous year. The fact that Easter fell in March in the previous year affected sales performance.

In the home and speciality goods trade, sales in April were €94.4 million, a decrease of 14.3%. Due to the timing of the Easter holidays, the number of selling days in April was two less than in the previous year. Sales performance was especially impacted by a decline in department store sales.

In the building and home improvement trade, sales in April were €252.9 million, a decrease of 0.5%. In terms of local currencies, sales increased by 3.9%. Sales in Finland decreased by 4.0%. Sales abroad increased by 3.2% in terms of euros and by 12.4% in terms of local currencies. The fact that Easter fell in April had a negative impact on sales performance.

In the car and machinery trade, sales in April were €98.8 million, a decrease of 8.3%. VV-Auto’s sales in April were €68.1 million, down 11.8%. Konekesko’s sales in April were €30.8 million, an increase of 0.6% from the previous year.

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

April 2014 1.1. – 30.04.2014
€ million Change, % € million Change, %
Food trade, total 388.5 10.9 1,403.7 0.0
Home and speciality goods trade, total 94.4 -14.3 409.0 -10.6
Building and home improvement trade, Finland 127.2 -4.0 423.4 1.2
Building and home improvement trade, other countries 125.7 3.2 422.9 4.2
Building and home improvement trade, total 252.9 -0.5 846.3 2.6
Car and machinery trade, total 98.8 -8.3 377.0 4.3
Common operations and eliminations -13.4 -57.2
Grand total 821.2 1.3 2,978.9 -0.5
Finland, total 672.6 0.2 2,477.6 -2.2
Other countries, total 148.7 6.9 501.3 8.8
Grand total 821.2 1.3 2,978.9 -0.5

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

In April 2014, the number of selling days in Kesko’s wholesale in Finland was 20, which was one less than in the previous year. The total number of selling days in January-April was one less than in the previous year. The number of retail selling days in April was 27, which was two less than in the previous year. The total number of retail selling days in January-April was the same as in the previous year.

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

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

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

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

Alliance Boots reports annual results for the year ended 31 March 2014

Nottingham, 2014-5-16 — /EPR Retail News/ — “On track to become the world leader in both retail pharmacy and pharmaceutical wholesaling”

Highlights:

Revenue

  • reported: up 4.3% to £23.4 billion
  • including share of associates and joint ventures: up 4.3% to £25.7 billion

Trading profit

  • reported: up 0.4% to £1,270 million
  • including share of associates and joint ventures: up 7.7% to £1,382 million

Profit attributable to equity shareholders

  • underlying: up 18.5% to £840 million
  • statutory: up 32.4% to £936 million

Cash flow and net borrowings

  • cash generated from operations: £1,544 million
  • net borrowings down £842 million to £5,051 million

Stefano Pessina, Executive Chairman, commented:
“I am pleased to report that Alliance Boots has continued to deliver strong earnings growth, in a year where the markets in which we operate were significantly more challenging than I have experienced for a very long time.

“These results have been achieved during a period when considerable management time and other key resources have been dedicated to our Walgreens partnership. This has covered many areas, including our joint synergy programme, forward planning and preparation for our anticipated full merger, together with the burden of complex reporting requirements.

“Our strategy of creating the first global pharmacy-led health and wellbeing enterprise in partnership with Walgreens is, I believe, widely recognised as being the right way forward. This is evidenced by the realignment of our industry that is starting to quickly take place, as competitors seek to follow our lead.

“Delivering shareholder value year after year requires a strong and dedicated management team, with the leadership skills to execute strategy, while at the same time managing businesses in challenging and changing trading environments. While the composition of our profits can vary year by year, our consistently good performance over a sustained period of time is due to our ability to adapt to meet new challenges in a financially disciplined way, as so clearly demonstrated in the year just ended.

“Being global is increasingly important in many business sectors including our own. The steps taken by the Group over the last two years, most notably our transformational partnership with Walgreens, our joint agreement with AmerisourceBergen, our geographical expansion in Latin America and Asia and all the work we have done to develop our brands are enabling the Group to continue on its path to becoming the clear world leader in both retail pharmacy and pharmaceutical wholesaling.

“Since Alliance Boots was formed eight years ago, we have made huge progress developing our businesses across the globe, while at the same time creating substantial value for first our public and then our private shareholders. As I have said on many occasions, I truly believe that we have the brands, intellectual capital and, most importantly, the vision and management expertise to continue to create value for stakeholders across the world in the coming years.”

Reconciliations of trading profit to profit from operations before associates and joint ventures, and underlying profit to profit for the year, are set out in the financial review section of this announcement.

Revenue, EBITDA and trading profit including share of associates and joint ventures and all underlying measures exclude the distributed associate.

A glossary of key terms is provided at the end of this announcement.

Further information is contained within the Group’s Annual Report 2013/14 which is published on our website (www.allianceboots.com). In addition, the Group’s Corporate Social Responsibility Report 2013/14 will be published on our website in September 2014.

A press conference will be held on 15 May 2014 at 11.30 am (BST) which will be webcast simultaneously on www.allianceboots.com and available to view thereafter.

For further information, please contact:
Media Relations:
Yves Romestan/Laura Vergani/Katie Johnson, Alliance Boots: +44 (0)207 980 8585
James Murgatroyd/Katie Lang, RLM Finsbury: +44 (0)207 251 3801

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

Full press release as PDF – 15 May 2014

H&M Group reports on its April 2014 sales development

Stockholm, Sweden, 2014-5-16 — /EPR Retail News/ — In April, the H&M Group total sales including VAT increased by 17 percent in local currencies compared to the same month last year.

The total number of stores amounted to 3,246 on 30 April 2014 versus 2,881 on 30 April 2013.

Percentage sales development for the month of May and total revenue in SEK for the second quarter (March to May) will be published in a separate press release on 11 June 2014. The Six-Month Report, covering the period 1 December 2013 to 31 May 2014, will be published on 18 June at 08.00 (CET).

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 15 May 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.

David Beckham marks the launch of his debut swimwear collection for H&M with an exclusive rooftop pool party in London

LONDON, 2014-5-16 — /EPR Retail News/ — David Beckham hosted an exclusive rooftop pool party last night to mark the launch of his debut swimwear collection for H&M. Guests including Ellie Goulding, One Direction’s Liam Payne and Niall Horan and Aaron Paul soaked up the luxe party atmosphere in East London.

Since the launch of the first David Beckham Bodywear for H&M collection in 2012, the range has been designed each season with new styles, fabrics and patterns, so the addition of both stylish and functional swimwear is a natural progression.

As with all previous ranges, the focus of the swimwear collection is on fit, performance, and comfort and offers a fresh update on classic masculine style. The new range of boardshorts, swim shorts and trunks will launch in selected stores and online from Thursday 22nd May, 2014.

For more information please contact:

H&M Media relations
mediarelations@hm.com
+46 8 796 53 00

###

H&M David Beckham party Copyright: 2014 Dave Benett Description: Liam Payne, Niall Horan, David Beckham and Ellie Goulding at David Beckham For H&M Swimwear private launch at Shoreditch House on May 14, 2014 in London, England.

H&M David Beckham party
Copyright:
2014 Dave Benett
Description:
Liam Payne, Niall Horan, David Beckham and Ellie Goulding at David Beckham For H&M Swimwear private launch at Shoreditch House on May 14, 2014 in London, England.

RILA and America’s most recognized retail brands launch Retail Cyber Intelligence Sharing Center (R-CISC)

Public/Private Collaboration Aims To Strengthen Defenses Against Cyber Attacks And Protect Customers

Arlington, VA, 2014-5-16 — /EPR Retail News/ — Today (May 14, 2014) the Retail Industry Leaders Association (RILA), along with several of America’s most recognized retail brands, launched the Retail Cyber Intelligence Sharing Center (R-CISC). The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center (Retail-ISAC). Among those companies participating with and supportive of the R-CISC are American Eagle Outfitters, Gap Inc., J. C. Penney Company Inc., Lowe’s Companies, Inc., Nike, Inc., Safeway, Inc., Target Corporation, VF Corporation and Walgreen Company.

Through the R-CISC, retailers are sharing cyber threat information among themselves and, via analysts, with public and private stakeholders, such as the U.S. Department of Homeland Security, U.S. Secret Service and the Federal Bureau of Investigation. The R-CISC will also provide advanced training and education and research resources for retailers.

“Retailers place extremely high priority on finding solutions to combat cyber attacks and protect customers. In the face of persistent cyber criminals with increasingly sophisticated methods of attack, the R-CISC is a comprehensive resource for retailers to receive and share threat information, advance leading practices and develop research relevant to fighting cyber crimes,” said Sandy Kennedy, president of RILA.

In order to create a structure tailored to the needs of the retail industry, the R-CISC was developed with input from more than 50 of America’s largest retailers, and in consultation with key stakeholders including federal law enforcement, government agencies and subject matter experts.

“We have seen a sharp increase in the number of malicious actors attempting to access personal information or compromise the systems we all rely on, in the retail industry and elsewhere,” said Dr. Phyllis Schneck, Deputy Under Secretary for Cybersecurity and Communications at the U.S. Department of Homeland Security National Protection and Programs Directorate. “We continue to work with the private sector to create shared situational awareness of potential cybersecurity vulnerabilities. The Retail Cyber Intelligence Sharing Center will further enhance DHS’s collaboration with this important sector of the American economy and will provide information and resources that can help companies keep their networks and the consumer information stored on them safe and secure.”

Paul Morrissey, U.S. Secret Service Assistant Director for Investigations said, “The Secret Service actively supports information sharing initiatives such as the Retail Cyber Intelligence Sharing Center (R-CISC) announced today by RILA.  The Secret Service also continues its commitment to promote public/private partnerships through its 33 nationwide Electric Crimes Task Forces (ECTFs) and two international ECTF’s, which bring together over 6,100 private sector partners, members of academia and local, state and federal law enforcement.”

RILA established partnerships with many federal agencies through the formation of the R-CISC and has support from U.S. government agencies such as the Department of Homeland Security, the Federal Bureau of Investigation and the United States Secret Service.

“We are highly focused on protecting our customers and maintaining their trust. That’s why we have joined the R-CISC and are committed to sharing best practices and information with our peers and other stakeholders in order to strengthen our collective defenses against potential threats,” said Greg Wasson, President and CEO of Walgreen Company and vice chairman of RILA.

“The retail industry is already going to great lengths to minimize risk and stay ahead of cyber criminals. The reality is, cyber-criminals work non-stop and are becoming increasingly sophisticated in their methods of attack and by sharing information and leading practices and working together, the industry will be better positioned to combat these criminals,”states Ken Athanasiou, Global Information Security Director, American Eagle Outfitters, Inc.

“Our top priority is protecting our customers and maintaining the trust they place in us every time they make a purchase,” said Warren Steytler, vice president of information security at Lowe’s Companies, Inc. “We are confident that by sharing with our peers and industry stakeholders through the R-CISC, our industry will collectively strengthen its ability to protect critical customer information.”

RILA has also consulted with recognized third-party cyber specialists and subject matter experts including CrowdStrike, FS-ISAC and other ISACs, IBM, iSIGHT Partners, Information Security Forum, the National Cybersecurity and Communication Integration Center (NCCIC), National Cyber Security Alliance and Verizon to identify leading practices related to threat information sharing.

The R-CISC is incorporated as an independent organization (501(c)(3) status intended) with an incoming Board of Directors comprised of senior retail executives from American Eagle Outfitters, Gap Inc., J.C. Penney, Nike, Inc., Safeway, Inc., Target Corporation, VF Corporation and Walgreen Company. The R-CISC is open to retailers and merchants of all segments and sizes and aims to become a resource for not only the retail industry, but related merchant industries as well. RILA is working with retail associations and the R-CISC already has the support of American Apparel & Footwear Association (AAFA) in this ongoing development.

R-CISC website: www.r-cisc.org

Retail Cyber Intelligence Sharing Center (R-CISC)
Background Summary

STRUCTURE:

There are three components of the R-CISC: a Retail Information Sharing and Analysis Center (Retail-ISAC), Education and Training and Research.

1. Retail-ISAC: Identifying real-time threats and sharing actionable intelligence to mitigate the risk of cyber attacks.

The Retail-ISAC allows retailers to share cyber threat information among each other and share anonymized information with the U.S. government via a cyber-analyst and a technician embedded at the National Cyber Forensics and Training Alliance (NCFTA). The Retail-ISAC’s dedicated cyber-analyst and technician at the NCFTA facility are processing and distilling information about real-time cyber threats, such as new strains of malware, underground criminal forum activity, potential software vulnerabilities, and translating this information into actionable intelligence, in the most usable and timely form for retailers. Retailers are also sharing anonymized information with the U.S. government via relationships that RILA, as a member of the member of the Commercial Facilities Sector Committee, has formed with government agencies, such the U.S. Department of Homeland Security, U.S. Secret Service and the Federal Bureau of Investigation.

2. Education and Training: Educating the retail community on leading practices for information sharing and protecting against cyber criminals.

Through the R-CISC, retailers will be able to learn from key stakeholders and advance leading practices on cybersecurity, cyber risk mitigation and data privacy in a trusted environment. Via collaborations with educational institutions and other organizations, retailers will have access to educational resources and training programs.

3. Research: Collaborating with academia to provide research on emerging technologies and potential future threats.

Recognizing that threats are constantly evolving and technologies are advancing, the R-CISC will help retailers stay ahead of these risks with one goal in mind, ensuring their business practices keep customers and data safe.

 

INCOMING BOARD MEMBERS:

  • Ken Athanasiou, Global Information Security Director; American Eagle Outfitters, Inc.
  • Rich Noguera, Head of Information Security; Gap, Inc.
  • Scott Howitt, VP, Chief Information Security Officer; J.C. Penney
  • William Dennings, Chief Information Security Officer; Nike, Inc.
  • Colin Anderson, VP, Information Technology; Safeway, Inc.
  • Jenny Ley, Director, Corporate Security Intelligence, Target Corporation
  • David McLeod, Chief Information Security Officer; VF Corporation
  • Jim Cameli, Information Security Officer; Walgreen Company

 

TIMELINE:

January 27: RILA launches Retail Cybersecurity and Data Privacy Initiative
RILA establishes the Retail Cybersecurity Leaders Council (RCLC)
February 7: RCLC holds first meeting
February 18: RILA forms an information sharing partnership with the National Cyber Forensics Training Alliances (NCFTA)
Feb./March: RILA consults with the US government agencies and industry groups, including the FS-ISAC and other ISACs to learn from them and identify the most practical and effective means to share threat information
March 25-26: RCLC holds in-person meeting at NCFTA. Retailers meet with federal government agencies, subject matter experts, FS-ISAC, and other key stakeholders
April 2: RILA President Sandy Kennedy testifies before the Senate Homeland Security and Governmental Affairs Committee at a hearing on benefits of threat information sharing
April: RILA establishes partnerships with law enforcement to further intelligence for retailers
May 14: Retail Cyber Intelligence Sharing Center (R-CISC) launched

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.

The National Cyber Forensics and Training Alliance (NCFTA) is a non-profit corporation with an established and expansive alliance between subject matter experts in the public and private sectors (more than 500 worldwide) with the goal of addressing complex cyber crimes. The subject matter experts are from industry, academia and government.

###

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

General Growth Properties declares second quarter common stock dividend of $0.15 per share payable on July 31, 2014

Chicago, Illinois, 2014-5-16 — /EPR Retail News/ — General Growth Properties, Inc. (NYSE: GGP, the “Company”) today announced its Board of Directors declared a second quarter common stock dividend of $0.15 per share payable on July 31, 2014, to stockholders of record on July 15, 2014.

The Board of Directors also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock (NYSE: GGP PrA) of $0.3984 per share payable on July 1, 2014, to stockholders of record on June 16, 2014.

General Growth Properties, Inc.
General Growth Properties, Inc. is an S&P 500 company focused exclusively on owning, managing, leasing, and redeveloping high quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

CONTACTS:

INVESTORS
Kevin Berry
(312) 960-5529

MEDIA
David Keating
(312) 960-6325

Gap Inc. to provide webcast of its Annual Meeting of Shareholders on May 20, 2014

SAN FRANCISCO, 2014-5-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) will provide a live audio webcast of the company’s Annual Meeting of Shareholders, beginning at 10:00 a.m. Pacific Daylight Time on May 20, 2014. To register for the webcast on May 20, please visit www.gapinc.com (follow the Investors, Financial News and Events, Webcasts links). A replay of the presentation will be available through www.gapinc.com.

The webcast will provide the audio portion of the Annual Meeting of Shareholders only and does not constitute attendance. In order to vote at the Annual Meeting, shareholders must either authorize a valid proxy or attend the Annual Meeting and vote in person.

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

###

Spin Master’s PAW Patrol toy line to launch at Toys“R”Us®

Toys“R”Us to Serve as the First Retail Destination to Offer Figures, Vehicles, Plush and More Based on TV’s Number-One Preschool Series; Brand-New Episodes of PAW Patrol to Debut May 27 and May 29, at 12 P.M. (ET/PT) on Nickelodeon

Toronto, ON, 2014-5-15 — /EPR Retail News/ — PAW Patrol™ is on a roll and headed to Toys“R”Us® stores nationwide and online at Toysrus.com on Sunday, May 18. Developed by Spin Master Ltd., Canada’s largest children’s toy and entertainment company, PAW Patrol is the number-one rated preschool series and airs weekdays at 12 p.m. (ET/PT) on Nickelodeon. Through June, Toys“R”Us will be the only retailer to offer eager fans the opportunity to go on an action-packed rescue adventure with an all-new preschool line of plush, vehicles, figures and more based on the ratings hit.

The popular series, PAW Patrol, is a CG-animated, action-adventure preschool series starring a pack of six heroic puppies led by a tech-savvy 10-year-old boy named Ryder. When trouble strikes Adventure Bay, these heroic pups are there to save the day with a unique blend of problem-solving skills, cool vehicles and cute doggy humor. From Marshall, the firedog, to Chase, the police pup, each character brings unique personality and skill to the team, modeling the importance of teamwork and good citizenship. PAW Patrol made its U.S. debut on Nickelodeon in August 2013.

“We are thrilled to partner with Toys“R”Us to bring our beloved PAW Patrol pups to shelves, making it the first retail destination for fans,” said Krista DiBerardino, Chief Marketing Officer, Spin Master. “Children everywhere adore Chase, Marshall, Rocky, Rubble, Zuma, Skye and of course Ryder; and now, they will finally have the opportunity to bring the magic of Adventure Bay to life and play with their favorite pups at home in the form of interactive, imaginative toys.”

“Ever since PAW Patrol hit the airwaves last summer, preschoolers have fallen in love with the show’s delightful characters and captivating storylines and have been eagerly awaiting the arrival of toys based on the hit series,” said Jamie Uitdenhowen, Vice President, General Merchandising Manager, Toys“R”Us, U.S. “We worked closely with our partners at Spin Master to be the first retailer to bring this highly coveted line of toys to children who can’t wait to experience all the excitement and adventures from the show during playtime.”

The all-new product range includes a number of collectable items for children ages 3 years and up:

  • Action Pack Pup with Badge™: In every episode of PAW Patrol, the pups save the day with cool gadgets that pop out of their backpacks. Now, with the help of every Action Pack Pup, kids can transform their favorite character’s backpack with the push of a button. Every figure comes with a push-button transforming backpack and a kid-sized, snap-on role play badge. 1 “AG13” button cell battery required (included). Available beginning May 18.
  • PAW Patrol Racers™: The youngest PAW Patrol fans are sure to love these free-wheeling vehicles featuring Ryder and his pup pals as they race to save the day in Adventure Bay. Each PAW Patrol Racer includes a pup or figure molded inside that hero’s signature vehicle, allowing kids to bring their favorite action-packed quests to life. No batteries required. Available beginning May 18.
  • PAW Patrol Rescue Vehicles™: Kids can keep the entire PAW Patrol team racing to rescue missions together with the full assortment of Rescue Vehicles. Each signature toy vehicle includes simple features and accessories, such as a moving ladder or traffic cones, as well as an articulated pup figure. No batteries required. Available beginning May 18.
  • PAW Patrol Pup Pals™: Little ones can snuggle their favorite pup with these soft and cozy plush pals. Each 8” pup features a detailed outfit and embroidered, expressive eyes, making them must-have for tiny tots that can’t wait to experience play time with their favorite PAW Patrol friends. No batteries required. Available beginning May 18.
  • PAW Patrol Real Talking Chase™ and PAW Patrol Real Talking Marshall™: Preschoolers can bring home their much-loved pups from Adventure Bay with these high-quality plush toys. Each 11” tall plush features memorable catch-phrases straight from the show, including “These paws uphold the laws!” No batteries required. PAW Patrol Real Talking Marshall available beginning May 18. PAW Patrol Real Talking Chase available beginning in September.
  • PAW Patrol On-A-Roll Marshall™: Allowing kids to bring the magic of the TV series to life, On-A-Roll Marshall’s doghouse transforms into a deluxe fire truck, just like on the show. Fans can put Marshall in the driver’s seat and the vehicle extends, propelling him forward with siren sounds and phrases from the show. 1 “Button Cell LR44” battery required (included). Available beginning May 18.
  • PAW Patrol Lookout HQ Playset™: The ultimate PAW Patrol toy – and a location featured in every episode – is The Lookout, the headquarters of the PAW Patrol pups. Complete with working elevator, slide, lights and sounds, this interactive playset also comes with a Chase figure and vehicle. No batteries required. Available beginning in September.

The PAW Patrol line will launch exclusively at Toys“R”Us stores nationwide and online at Toysrus.com on Sunday, May 18, and will be available at additional select retailers beginning Sunday, June 22. Nickelodeon will debut brand-new episodes of PAW Patrol on Tuesday, May 27 and Thursday, May 29, at 12 p.m. (ET/PT).

Nickjr.com, the award-winning website for preschoolers and their parents, recently launched a brand-new short-form video series featuring iconic moments, silly outtakes and surprising scenes from the number-one preschool seriesPAW Patrol, premiering weekly on the site.

Spin Master owns the worldwide toy rights and is responsible for producing and distributing PAW Patrol in Canada through broadcast partners TVO, Knowledge Network and City TV. Nickelodeon licensed from Spin Master the global (excluding Canada) distribution rights for the show on behalf of Viacom International as well as all ancillary exploitation rights, including licensing and merchandising.

For additional information please visit www.pawpatrol.com

About Spin Master Ltd.:
A multi-category children’s entertainment company, Spin Master has been designing, developing, manufacturing, and marketing consumer products for children around the world since 1994 and is recognized as a global growth leader within the toy industry. Spin Master is best known for such popular brands as boy’s action phenomena and 2009-2010 Boy’s Toy of the Year winner Bakugan Battle Brawlers™, and award-winning brands Air Hogs®, Aquadoodle™, Flutterbye™, Spin Master Games™ including 2014 Game of the Year, Boom Boom Balloon ™ and the popular Hedbanz™, SpyGear™, Tech Deck™, and the 2014 Innovative Toy of the Year Zoomer™. The company has also marked an entry into children’s media with the launch of Spin Master Entertainment, a subsidiary focusing on the design, development and production of television and other media properties, including the hit animated preschool series, PAW Patrol™. Spin Master employs over 900 people with offices in Toronto, Los Angeles, London, Paris, Hong Kong, Mexico City, Munich, and Milan. For additional information please visit: www.spinmaster.com.

About Nickelodeon
Nickelodeon, now in its 35th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The company includes television programming and production in the United States and around the world, plus consumer products, online, recreation, books and feature films. Nickelodeon’s U.S. television network is seen in more than 100 million households and has been the number-one-rated basic cable network for 19 consecutive years. For more information or artwork, visit http://www.nickpress.com.  Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. (NASDAQ: VIA, VIA.B).

For additional information, contact:

Rachel Griffin                                                               Heather Brown
Director of Global Communications                  Nickelodeon Publicity
Spin Master Ltd.                                                         (212) 846-6240
310-871-3919 (mobile)                                           Heather.Brown@nick.com
RachelG@spinmaster.com

Target’s up & up brand to sponsor NASCAR’s No. 42 Turner Scott Motorsports’ (TSM) Chevrolet Camaro for six races

Dylan Kwasniewski to Drive No. 42 up & up Chevrolet Camaro for Five Races

CONCORD, N.C., 2014-5-15 — /EPR Retail News/ — Target is expanding its sponsorship in the NASCAR Nationwide Series (NNS) to include the up & up brand as the primary sponsor on the No. 42 Turner Scott Motorsports’ (TSM) Chevrolet Camaro for six races.  The up & up brand will make its track debut this weekend during the Get to Know Newton 250 Presented by Sherwin Williams NNS race at Iowa Speedway.

Additionally, Chip Ganassi Racing with Felix Sabates (CGRFS) development driver Dylan Kwasniewski, who is competing full-time this season in the NNS for TSM, will drive the No. 42 up & up Chevy to fill-in for Kyle Larson during each of the five NNS races where the series does not race at the same track as the NASCAR Sprint Cup Series (NSCS).  Larson, who is the full-time driver of the No. 42 Target Chevrolet in the NSCS for Target Chip Ganassi Racing with Felix Sabates, currently has the No. 42 Chevy Camaro for TSM fourth in the NNS owner standings, with a win at the AutoClub Speedway in Fontana, CA earlier this year.

NOTES OF INTEREST:

About up & up™: The up & up brand offers Target guests’ more than 1,200 everyday essential products from across the store, spanning household, healthcare, beauty, personal care, baby, and school and office supplies. The up & up brand offers guests national brand quality or better, but at a lower price, offering an average savings of 10 to 30 percent.

About Dylan Kwasniewski: Kwasniewski is currently in his rookie season in the NNS, and is 13th in the driver standings through nine races.  He started the season by winning the pole at Daytona International Speedway, becoming the youngest NNS pole-sitter in Daytona history.  Kwasniewski is a former NASCAR K&N Pro Series West and East champion, and is the first driver to win titles in both series.

QUOTEBOARD:

Steve Lauletta, President, Chip Ganassi Racing Teams:

“We are excited to continue to showcase Target and their other brands in the Nationwide Series with up & up on the car for six races.  Having the up and coming Team Ganassi development driver Dylan Kwasniewski in the No. 42 up & up Nationwide car for the five non-companion races is a good fit and will allow Kyle Larson to keep his focus on his Sprint Cup campaign and achieving his and the team’s goals this season.”

Daniel Griffis, Vice President, Experiential Marketing and Alliances, Target:

“This gives Target an important opportunity to tell a broader story around our up & up brand, and fits well with the other innovative Target-exclusive products and services that we have showcased on the No. 42 car so far this year, like Cartwheel and Target Ticket.”

About Chip Ganassi Racing Teams
Chip Ganassi has been a fixture in the auto racing industry for over 25 years and is considered one of the most successful as well as innovative owners the sport has anywhere in the world.  Today his teams include four cars in the Verizon IndyCar Series, two cars in the NASCAR Sprint Cup Series, and one Prototype in the TUDOR United SportsCar Championship.  Overall his teams have 17 championships and 160 victories, including four Indianapolis 500s, a Daytona 500, a Brickyard 400, five Rolex 24 At Daytonas and the 12 Hours of Sebring.  Ganassi boasts state-of-the-art race shop facilities in Indianapolis and Brownsburg, Ind. and Concord, N.C., with a corporate office in Pittsburgh, Penn.

For more information log onto www.chipganassiracing.com

media contact
Davis Shaefer
Chip Ganassi Racing Teams
p: (704) 662-9642

###

42

Golfer Blayne Barber partners with Target’s exclusive line of activewear C9 by Champion

Web.com Tour professional to wear Target’s exclusive line of activewear

MINNEAPOLIS, 2014-5-15 — /EPR Retail News/ — Target Corp. (NYSE: TGT) announced today that golfer Blayne Barber will partner with C9 by Champion, the retailer’s exclusive line of activewear, while competing on the Web.com Tour this season. The 24-year-old Lake City, Fla. native joins a roster of 12 other elite athletes supported through Target’s athlete program, and is the first to represent the C9 by Champion brand.

“Target has such a long tradition of working with pro athletes. I’m really proud to be the first golfer to wear C9 by Champion,” said Barber. “My wife and I shop at Target weekly, so it’s exciting to be an official member of the team.”

Barber earned his first Web.com Tour victory earlier this month, winning the South Georgia Classic at Kinderlou Forest Golf Club in Valdosta, Ga. He was a 2012 First-Team All-American at Auburn University, the same year he set the Auburn single-season scoring record. This is Barber’s first season as a full-time Web.com Tour player; he currently sits sixth on the tour’s money leaders list.

“Blayne is an outstanding young golfer and we think his new look in our C9 activewear will turn a lot of heads,” said Daniel Griffis, vice president, Experiential Marketing and Alliances, Target. “We are proud to have been with him for his first Web.com Tour win, and look forward to what his bright future will hold.”

For more information on Barber’s partnership with C9 by Champion, visit abullseyeview.com

About C9 by Champion
Target introduced C9 by Champion in 2004, and has grown the activewear brand to include apparel, shoes and accessories for men, women and children. While incorporating the latest technical features and design elements, C9 by Champion provides high-end performance wear without the high-end price. The exclusive activewear line is available at all Target stores with an extended assortment of colors and sizes available online at Target.com/C9.

About the Target Athlete Program
Target’s athlete program works to help differentiate the Target brand, and supports athletes across a number of disciplines, and includes snow- and skateboarder Shaun White, skateboarder Paul Rodriguez, motocross racer Ryan Dungey, BMX rider Kevin Robinson, surfers Carissa Moore and Kolohe Andino, freeskiers Roz Groenewoud, Simon Dumont and Torin Yater-Wallace, NASCAR Sprint Cup series driver Kyle Larson, and Verizon IndyCar Series drivers Scott Dixon and Tony Kanaan.

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

media contact

Anne Christensen
p: (612) 761-1889

###

Golfer Blayne Barber partners with Target's exclusive line of activewear C9 by Champion

Golfer Blayne Barber partners with Target’s exclusive line of activewear C9 by Champion

Groupe Auchan’s A2pas to open 30 new stores in Paris

3 years ago, the A2pas brand set up shop in Paris. It adds today a further 30 stores to almost reach the 50 store mark, predominantly in Paris.

PARIS, 2014-5-15 — /EPR Retail News/ — In the coming weeks, 30 stores will shift to the A2pas banner, the urban model set up by Groupe Auchan. 4 independent partners acquired those outlets when Groupe Casino sold some of its Paris stores.

These 4 new partners who join the A2pas network have recognised expertise in convenience stores and solid experience in food distribution. Deployment will be progressive and start this summer, once approval has been obtained from the French antitrust authorities.

Located at strategic points of the capital, these new facilities will considerably strengthen the A2pas network of stores with a view to achieving the 100 points of sale target by 2016.

A new convenience store concept
A2pas is a growth driver and the Groupe Auchan’s answer to high convenience stores in France. Since the opening of the first store in 2011, the banner has expanded continuously, predominantly through franchising in Paris, the Paris area, Lyon and the south of France.With shops varying in size between 200 and 500 sqm, A2pas offers in the town centres a qualitative and modern setting whose style, warm colours and contemporary atmosphere make customers feel welcome. Its wide offering, tailored to the needs of urban dwellers and the diversity of neighbourhoods, covers all basics and is supplemented by a selection of Auchan products. Its assortment gives pride of place to fresh products, snacks, fruit and vegetables, ready-made meals, organic and frozen products, for speedy, convenient and attractive shopping at the right price.

###

CBRE initiatives selected as finalists in 14th Annual Global Innovators Award Program by CoreNet Global

Los Angeles, 2014-5-15 — /EPR Retail News/ — CoreNet Global has selected two CBRE Group, Inc. initiatives as finalists in its 14th Annual Global Innovators Award Program. The first initiative is the completion of world’s first WELL-certified commercial office in partnership with Delos Living at CBRE’s global headquarters.  The second is the development of a Volume Certification Program using the USGBC’s LEED for Existing Buildings rating system that will see nearly 600 small-format client retail stores gain certification by 2020.

The Global Innovators Award is CoreNet Global’s ultimate and most prestigious, recognizing innovation and thought leadership at the real estate industry’s highest levels. Among the 50 entries in this year’s competition, CoreNet Global selected eight finalists to compete for its top award. CoreNet Global is the world’s leading corporate real estate association with 8,900 members that represent nearly half of the Global 2000.

“Having two projects recognized as finalists for CoreNet’s Global Innovators Award is a testament to the hard work, vision and collaborative spirit of our employees and client partners in their drive for excellence,” said Bill Concannon, CEO of CBRE’s Global Corporate Services. “In both instances, our efforts have set new industry benchmarks—the first, for its vision and holistic approach to incorporating “wellness” into workplace design; and the second, for its initiative for developing the first-of-its-kind small-format Retail Volume LEED EB program. On behalf of our client and service partner teams, we are honored by this recognition.”

Finalist representatives will present their projects to a panel of judges at Emory University in Atlanta July 30-31 as part of the final phase of the competition. The Global Innovator Award winner will be announced in October at the CoreNet Global Summit in Washington, DC.

Since 2006, CBRE has earned distinctions eight times as part of CoreNet’s Global Awards Program. In 2013, the firm’s response to Superstorm Sandy was selected as a finalist for the Global Innovators Award. In 2012, the Sprint/CBRE Innovation Council was awarded the Industry Excellence Award for its site assessment mobile application, and in 2011, CBRE was awarded the Global Innovators Award for its Global LaborView application.

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

About CoreNet Global
CoreNet Global is the world’s leading professional association for corporate real estate (CRE) and workplace executives, service providers and economic developers. CoreNet Global’s 8,900 members, who include 70% of the top 100 U.S. companies and nearly half of the Global 2000, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally. For more information, please visit www.corenetglobal.org.

For Further Information:

Robert Mcgrath
Director, Sr
T +1 212 9848267
email

Foodstuffs to build PAK’nSAVE supermarket in Shotover Park Queenstown New Zealand

Waiheke, New Zealand, 2014-5-15 — /EPR Retail News/ — Foodstuffs is thrilled to confirm that we have been granted resource consent, as of Wednesday 7 May 2014, to build a PAK’nSAVE supermarket in Shotover Park, Queenstown. The new store, which will be called PAK’nSAVE Wakatipu, has been many years in the planning and to finally reach this stage is incredibly exciting.

Foodstuffs is thrilled to confirm that we have been granted resource consent, as of Wednesday 7 May 2014, to build a PAK’nSAVE supermarket in Shotover Park, Queenstown. The new store, which will be called PAK’nSAVE Wakatipu, has been many years in the planning and to finally reach this stage is incredibly exciting.

Roger Davidson, General Manager Property and Retail Development, Foodstuffs South Island Limited says, “This is a great reward for the large number of people involved and we appreciate the ongoing commitment our partners in the Shotover Park Development, the Porter Group and Mega Mitre 10, have shown during the resource consent process.”

“We can’t wait to forge ahead with building the new store and bringing PAK’nSAVE’s low grocery price offering to the community of Queenstown,” says Davidson. “This is the green light we needed to start developing the architectural design for the store. We want to give Queenstown a modern supermarket with plenty of natural light and other sustainability features designed not only to be kind to the environment but to enhance our customers overall shopping experience.”

Davidson says aside from the store design there are a number of key aspects still to be worked through between Foodstuffs and the local council. The infrastructure required to service the development is an area of ongoing discussion, with the roading requirements for example being just one component which developers and the council will need to take into account as things progress and building commences.

###

Alliance Boots comments on Mexico media speculations about potential acquisition of Casa Saba’s pharmaceutical wholesale and distribution business

Nottingham, 2014-5-14 — /EPR Retail News/ — In response to a media story which appeared in El Economista in Mexico on 12 May 2014 and also reported in MergerMarket in the UK on 13 May 2014, Alliance Boots denies having had any contact with Pharma Equity Global Fund and World Global Equity Fund, and further denies that it is conducting negotiations with any party regarding a potential acquisition of the pharmaceutical wholesale and distribution business of Grupo Casa Saba S.A.B. de C.V. (“Casa Saba”).

Alliance Boots also denies comments in the same media sources that it is considering other retail and distribution businesses in Mexico as potential acquisition targets.

ENDS

Notes to editors:

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

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

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

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

For further information, please contact:

Media relations:

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

National Retail Federation: Consumers tempered their spending in the month of April

WASHINGTON, 2014-5-14 — /EPR Retail News/ — Despite nicer spring weather, consumers tempered their spending in the month of April. According to the National Retail Federation – the world’s largest retail trade association – April retail sales, which exclude automobiles, gas stations and restaurants, were unchanged seasonally-adjusted month-to-month yet increased 4.7 percent unadjusted year-over-year.

“The shift of Easter to April did not provide enough bounce to retailers as retail sales struggled to keep their strong spring pace,” NRF President and CEO Matthew Shay said. “With consumer spending accounting for roughly 70 percent of total economic activity, NRF remains hopeful that the uninspiring April retail sales figures are just a temporary seasonal fluctuation.”

April retail sales, released today by the U.S. Census Bureau, which include categories such as automobiles, gasoline stations, and restaurants, increased 0.1 percent seasonally-adjusted month-to-month ($434.6 billion). The Census Bureau also reported that retail sales increased 4.0 percent adjusted year-over-year.

“Even though retail sales were weaker than anticipated, the fundamentals of the economy, including improving job growth and income gains, remain positive,” NRF Chief Economist Jack Kleinhenz said. “While the shift in Easter played into the seasonal figures, NRF remains optimistic that retail sales will keep their positive trajectory, albeit in fits-and-starts, in the second quarter.”

Additional findings from NRF’s retail sales analysis include:

•    Building material and garden equipment and supplies dealers stores’ sales increased 0.4 percent seasonally-adjusted month-to-month and 2.7 percent unadjusted year-over-year.

•    Clothing and clothing accessories stores’ sales increased 1.2 percent seasonally-adjusted month-to-month and 5.2 percent unadjusted year-over-year.

•    Electronics and appliance stores’ sales decreased 2.3 percent seasonally-adjusted month-to-month and 1.8 percent unadjusted year-over-year.

•    Furniture and home furnishing stores’ sales decreased 0.6 percent seasonally-adjusted month-to-month yet increased 3.6 percent unadjusted year-over-year.

•    General merchandise stores’ sales increased 0.2 percent seasonally-adjusted month-to-month and 5.3 percent unadjusted year-over-year.

•    Health and personal care stores’ sales increased 0.6 percent seasonally-adjusted month-to-month and 6.6 percent unadjusted year-over-year.

•    Nonstore retailers’ sales decreased 0.9 percent seasonally-adjusted month-to-month yet increased 5.8 percent unadjusted year-over-year.

•    Sporting goods, hobby, book and music stores’ sales increased 0.7 percent seasonally-adjusted month-to-month yet decreased 0.6 percent unadjusted year-over-year.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. www.nrf.com

Stephen E. Schatz (855) NRF-PRESS
Press@nrf.com

###

Wincor Nixdorf’s new tablet-based Assisted Teller solution included in British consulting firm Ovum’s “On the Radar” series

On the Radar: Analysts look at an innovative solution from Wincor Nixdorf

Paderborn, Germany, 2014-5-14 — /EPR Retail News/ — Wincor Nixdorf’s new tablet-based Assisted Teller solution enables greater effectiveness in engaging directly with customers and supports transformation from a transactional to a sales- and service-oriented branch culture. This is the conclusion reached by Ovum, the market research and consulting firm specializing in the technology and telecommunications sectors, in analysis that has now been published as part of its “On the Radar” series.

Banks around the world are working to transition from providing employee-aided transaction services to other channels. The latest analysis from the British consulting firm Ovum confirms that Wincor Nixdorf is the world leader in helping them achieve that. It regards the Assisted Self Service concept of the CINEO C4090, where staff can provide help using a tablet PC as and when required, as being so advanced that it has included the solution in its “On the Radar” series. As part of this series of research notes, Ovum highlights new technologies and enterprises that develop and offer innovative ideas, products or business models. “Wincor Nixdorf is one of the first vendors to bring such a solution to the market,” states Ovum.

“The role of a teller in a bank branch is becoming more service- and sales-oriented,” is Ovum’s conviction. With the CINEO C4090 and the employee-aided, tablet-based self-service concept, Wincor Nixdorf meets the demands of modern self-service systems and supports the sales- and service-oriented role of employees as it also brings banking staff closer to customers. In addition, the use of tablets increases the effectiveness of face-to-face interaction, which translates into stronger customer loyalty in the long term. As soon as customers log into the system with their card, the bank employee is shown information such as their financial status and product history.

The CINEO C4090 allows deposits and withdrawals of banknotes and coins, prints account statements and other documents, automates check processing and allows customers to pay bills with the aid of staff or on their own. Barcode and NFC readers are installed and are operated using disability-friendly touch screens. “The CINEO C4090 enables bank staff to devote more time to sales and personal consulting,” says Uwe Krause, Vice President at Wincor Nixdorf. If a customer needs help at the terminal, the employee is on hand with the tablet and can, for example, carry out transactions that are otherwise only offered at the counter such as authorizing withdrawals above the defined cash limit.

With the CINEO 4090 Assisted Teller Solution, Ovum believes that Wincor Nixdorf is “at the beginning of its journey of developing tablets for use by tellers at branches.” It adds that this step was a good springboard and now banks also need to develop application examples from their everyday activities and develop the system further.

Download a free issue of Ovum’s “On the Radar: Wincor Nixdorf’s tablet-based assisted teller solution” .

NACS Consumer Fuels Survey: Consumer optimism about the economy fell to its lowest level this year

​ALEXANDRIA, VA, 2014-5-14 — /EPR Retail News/ — Rising gas prices during the annual spring transition to summer-blend fuels has finally driven down consumer optimism about the economy, which fell to its lowest level this year.

Overall, 41% of consumers say that they are optimistic about the economy, a drop from 44% the month prior, according the latest monthly NACS Consumer Fuels Survey that examines how gas prices affect consumer sentiment. Lingering poor weather across much of the country and a 14-cent-per-gallon increase in gas prices are among the factors that likely drove down consumer confidence.

Nearly 9 in 10 (86%) consumers say that gas prices affect their feelings about the economy, and nearly 4 in 5 (79%) noticed that gas prices increased over the past 30 days, the highest percentage saying so since March 2013. And two in three (66%) consumers say that prices will increase over the next 30 days, the highest percentage saying so since NACS initiated monthly consumer surveys in January 2013.

“Higher gas prices usually mean tighter margins for fuel retailers as they compete for price-sensitive customers,” said NACS Vice President of Government Relations John Eichberger. “Combine that with reduced in-store sales that most retailers have faced because of bad weather and the first few months of the year have been rough for both consumers and retailers.”

Strong demographic variations exist in how consumers fell about the economy. A majority (51%) of younger consumers — those ages 18 to 34 — are positive about the economy, but only 34% of those over age 50 are optimistic about the economy.

Consumers’ also feel that their purchasing power at the pump is decreasing. Self-reported miles per dollar decreased again in May, dropping 5.7% to 6.32 miles per dollar, or 15 cents per mile on average. This mark is also at a low for 2014, another potentially worrisome indicator of overall consumer sentiment.

There are some positive signs as the summer-drive season approaches. Gas prices have trended downward over the past 10 days and warm weather is finally spreading across much of the country battered this winter.

The National Association of Convenience Stores (NACS) conducts a monthly nationwide survey in partnership with Penn, Schoen and Berland Associates LLC to measure consumer perceptions about gas prices and how they relate to broader economic conditions; 1,113 gas consumers were surveyed online May 6-7. The OPIS weekly national average price for gas was $3.681 on May 5, the week in which the survey was fielded. Summary results can be found at www.nacsonline.com/gasprices.

NACS Consumer Fuels Survey Consumer optimism about the economy fell to its lowest level this year

-###-

Intershop supports “IRCE Focus: Brands & B2B Conference” May 18–20, 2014 in New York

  • Intershop to demonstrate integration of leading B2B and B2C ecommerce platform with Adobe Experience Manager for Experience-Driven Commerce at IRCE Focus: Brands &B2B

San Francisco, 2014-5-14 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, today announced that it is a Gold sponsor at the inaugural IRCE Focus: Brands & B2B Conference, held at the Jacob Javits Center, New York City, May 18– 20, 2014.

Traditionally e-commerce events have focused solely on the B2C experience while the B2B market has remained an afterthought. As a pioneer in B2B commerce, Intershop is excited to support the IRCE Focus: Brands & B2B conference and open the door of possibilities to B2B companies that are facing the challenges of the direct-to-consumer relationship, channel conflict and digital marketing for their brands.

In a survey conducted by Internet Retailer last year 82% of survey respondents cite customer demands and expectations as a main driver for moving to an online platform, and 49% of respondents said they expected to improve their financial performance by moving business customers to an online buying system¹. The IRCE Focus: Brands & B2B conference agenda and tradeshow will tackle the e-commerce channel mix head-on with expert advice, case studies and real-life examples of brands and manufacturers that are successfully building their businesses.

Intershop will demonstrate integration of its leading global commerce platform Intershop 7 with Adobe Experience Manager, Adobe’s leading Web experience management solution, and Siteworx Journey™ in Booth #209. The demonstration will show how successful brands can design, create, manage and deliver engaging omni-channel experiences to both B2B and B2C customers while overcoming business challenges and complexity such as creating a multi-site environment. The Intershop 7 platform is the foundation to delivering great customer experiences across all shopping channels while providing the insight and tools to companies to make decisions that help boost their revenue.

“The IRCE Focus: Brand & B2B conference and tradeshow is a tremendous opportunity to showcase the Intershop 7 platform as a best in class solution” said David Cunningham, General Manager, Intershop. “B2B companies are faced with the challenge of running multiple business models and partners on a single platform while delivering a consumer-like experience. Partnering with Intershop allows B2B companies to streamline their processes and focus on the needs of their business while building strong customer relationships.”

As an independent e-commerce company, Intershop’s sole focus is providing a flexible, resilient and innovative platform that can provide businesses seamless integration to manage all their sales channels and business models via a single platform.

To find out more about Intershop 7 please visit here.

¹Internet Retailer, PwC, Intershop’s 2013 E-commerce report & survey

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

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

Intershop Public Relations

Heide Rausch

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
E-Mail

###

National Grocers Association President appointed to National Cooperative Bank 2014 Board of Directors

Arlington, VA, 2014-5-14 — /EPR Retail News/ — National Grocers Association (NGA) President and CEO Peter J. Larkin has been appointed to serve on the National Cooperative Bank (NCB) Board of Directors.

NCB, a leading financial services company serving cooperatives nationwide, announced the 2014 Board of Directors at its annual meeting, held on May 8th in Washington, D.C.

Along with Larkin, the Board welcomed two additional new members: Roger Collins, CEO and Chairman of Springdale, Ark.-based Harps Foods and David Swanson, a co-op attorney and partner in the Corporate practice group at Dorsey & Whitney in Minneapolis, Minn.

“We are extremely grateful for Al, Peter and Doug’s contributions and leadership while on the Board and we thank them for their dedication and service,” said Charles E. Snyder, President and CEO of NCB. “We are excited for what the future brings with our three new members as we continue our efforts to find new and innovative ways to expand our reach in the cooperative community.”

The Board benefits from a diverse roster of members, who come from a variety of industries in which cooperatives play an important role.

In addition to Collins, Larkin and Swanson, NCB’s 2014 Board Members are:
• Steve Cunningham, president of S.F. Cunningham, LLC in Vienna, VA;
• Jane Garcia, CEO of La Clinica de La Raza, in Oakland, Calif.;
• Janis Herschkowitz, president and CEO of PRI, Inc. in Cornwall, Penn.;
• Andrea Levere, president of CFED in Washington, DC;
• Martin Lowery, executive vice president at the National Rural Electric Cooperative Association in Arlington, Va.;
• Michael Mercer, president and CEO of Georgia Credit Union Affiliates in Duluth, Ga.;
• Ray Moncrief, executive vice president and COO of Kentucky Highland Investment Corporation in London, Ky.;
• Kenneth Rivkin, managing director of Hermes Financial Management and Auction.com in New York, N.Y.;
• Mary Ann Rothman, executive director of The Council of NY Cooperatives and Condominiums in New York, N.Y.;
• Robynn Shrader, CEO of National Cooperative Grocers Association in Iowa City, Iowa;
• Judy Ziewacz, former executive director, State of Wisconsin, Office of Energy Independence in Madison, Wis.​

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

ICSC and Goldman Sachs Weekly Chain Store Sales Index: Retailers experienced slight dip of 0.1% in sales for the week ending May 10

NEW YORK, 2014-5-14 — /EPR Retail News/ — Spending was relatively flat on a week-over-week basis, but surged year-over-year. Sequentially, retailers experienced a slight dip of 0.1% in sales for the week ending May 10, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index. On a year-over-year basis sales rose by its strongest gain since June 1, 2013 as yearly sales rose by 3.9% as warm weather in the South helped to drive seasonal goods demand compared with an abnormally cold bout in the mid-section of the country in the comparable week of 2013.

“Temperatures turned milder in some parts of the country which helped drive seasonal demand—especially in the South and ahead of Mother’s Day,” said Michael Niemira, ICSC vice president of research and chief economist. “However, weather was not favorable in the West, which held back seasonal spending in that region and contributed to the sequential dip in overall spending,” Niemira added.

For May, ICSC research forecasts that monthly comparable-store sales will increase by 3.0% to 3.5%.

Week Ending     Index 1977=100     Year/Year Change     Weekly Change
10-May-14                568.4                        3.9%                      -0.1%
03-May-14                569.2                        2.0%                      -2.0%
26-April-14                581.1                        3.1%                       1.6%
19-April-14                572.0                       1.9%                        0.4%

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.

ICSC Contacts:
Michael Niemira
+ 1 646-728-3472
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

###

Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis

Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis

GRAND RAPIDS, Mich., 2014-5-14 — /EPR Retail News/ — Meijer opened two new 190,000-square-foot supercenters outside of Indianapolis today, Meijer Co-Chairman Doug Meijer announced. The Plainfield and Whitestown stores are creating more than 540 new jobs and provide local residents with a great option for one-stop shopping, fresh produce and a full-service pharmacy that puts family health care first.

Indianapolis is a very important growth area for us, and our new stores reinforce our commitment to serving the needs of families with great solutions to everyday needs,” Meijer said. “We’re excited to bring the Meijer difference to our new neighbors in Plainfield, Whitestown and their surrounding communities.”

Each store kicked off its opening celebration with a ribbon-cutting event, followed by remarks by Meijer officials and local dignitaries, and a donation to local charities. Plainfield Store Director Chad Clark presented a check for $25,000 to St. Mark’s Episcopal Church for its food pantry program and $5,000 to St. Susanna School for technology. Whitestown Store Director Shaun Kriskovich presented a check for $25,000 to the Boys and Girls Club of Zionsville, $2,500 to Zionsville Community Schools and $2,500 to The Caring Center, a Food Pantry in Lebanon, Ind.

These new supercenters feature more than 600 high quality varieties of fresh produce, a meat department offering custom cuts and bakery providing fresh bread baked four times daily.

In addition to the retailer’s traditional grocery and merchandise offerings, garden center and 24-hour gas station, the new Plainfield and Whitestown Meijer stores also feature full-service pharmacies. These pharmacies will provide free select prescriptions as well as clinical services and immunizations designed to promote family health. The Meijer free prescription program includes leading oral generic antibiotics with a special focus on prescriptions most often filled for children, as well as prenatal vitamins and medications for those with diabetes and high cholesterol. Since its inception in 2006, the Meijer free prescription program has filled more than 19 million free prescriptions, saving Meijer customers more than $276 million.

“As a pioneer of one-stop shopping, we’ve always strived to offer variety to our customers and look forward to bringing our fresh offerings to the Indianapolis area,” Kriskovich said. “Whether you’re looking for fruits and vegetables delivered daily, getting your yard ready for summer or seeking answers about a nagging health concern, we look forward to providing value to anyone who steps through our door.”

About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 207 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky. As a pioneer of the “one-stop shopping” concept, Meijer stores have evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive electronics departments, garden centers and apparel offerings. Additional information on Meijer can be found at www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer or become a fan at www.facebook.com/meijer.

# # #

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

###

Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis

Meijer opened two new 190,000-square-foot supercenters in Plainfield and Whitestown outside Indianapolis

Philippines: SM Investments Corporation reports PHP 6.24 Billion in Net Income in Q12014

Pasay City, Philippines, 2014-5-14 — /EPR Retail News/ — SM Investments Corporation (SM) reported that net income for the first three months reached PHP 6.24 billion from the PHP 7.42 billion reported during the same period last year.

On a recurring basis, however, SM’s net income grew 11% from PHP5.61 billion. Underlying revenues also grew 12% from PHP53.71 billion. The consolidated net income in 2013 reflected exceptional trading gains in the Group’s banking businesses. These contributed to a surge in the earnings of a number of banks during that period, among them BDO Unibank.

Philippines SM Investments Corporation reports PHP 6.24 Billion in Net Income in Q12014 Chart 1

“We are pleased with our performance in the first quarter, having delivered double digit underlying top and bottomline growth. Retail started the year with strong revenue growth even as the intensifying competition puts pressure on margins. The newly formed Property Group has begun operating as a more cohesive integrated unit, and the banks continue to deliver strong profit growth. The environment will continue to be challenging, but we are focused on strengthening our core businesses to build our markets,” SM President Harley T. Sy said.

Net Income Profile Banks continued to account for the largest share of SM’s consolidated net income, contributing 41% of the total. The property business accounted for 40% while retail contributed 19%.

Philippines SM Investments Corporation reports PHP 6.24 Billion in Net Income in Q12014 SM Prime Revenue Profile

SM Prime Holdings, Inc. (SM Prime) reported its consolidated net income rose 11% to PHP 4.58 billion for the first quarter from PHP 4.11 billion in the same period last year. Consolidated revenues, rose 3% to PHP15.35 billion from PHP 14.95 billion, year-on-year.

Rental revenues accounted for 56% of the consolidated revenues, and grew by 12% to PHP 8.56 billion in 2014 from PHP 7.63 billion same period in 2013. The increase in rental revenue was primarily due to the new malls opened in 2012 and 2013, namely, SM City Olongapo, SM City Consolacion, SM City San Fernando, SM City General Santos, SM Lanang Premier, SM Aura Premier and SM City BF Parañaque, with a total gross floor area of 818,000 square meters. Excluding the new malls and expansions, same-store rental growth was at 7%.

Real estate sales contributed 33% to total revenues at PHP5.02 billion in the first quarter of 2014. Volatility in real estate is reflective of normal cycles, and driven by the number of projects that come on stream. There were two project launches in 2012 of about 4,600 units from Breeze and Grace Residences compared with the nine project launches in 2010 and 2011 of about 26,700 units mainly from Jazz, Light, Wind, Shell and Green Residences. On the average, it takes about two years before revenues are recognized due to percentage of completion accounting. Noteworthy is the growth in gross profit margin for residential by 42% in 2014 compared with 39% in 2013.

Other revenues coming from malls, residential, commercial business, hotels and convention centers and leisure properties contributed 11% at PHP1.77 billion.

In 2014, SM Prime will open SM City Cauayan, its first mall in the Cagayan Valley region, particularly in Isabela, one of the most progressive provinces in the region. SM City Cauayan has a GFA of 94,386 sqm.

It will also open SM Center Angono in Rizal with a gross floor area of 33,094 sqm which will rise in the art capital of the Philippines. SM Prime is also set to expand SM Bacolod and SM Lipa after expanding SM Megamall with the launch of SM Mega Fashion Hall in 2014. The expansion of SM Megamall transformed it as the country’s largest mall in the country with a total GFA of 506,435 sqm.

In China, SM will open SM City Zibo in the heart of Shandong province. SM City Zibo will have an estimated GFA of 154,000 sqm.

For the residential business, SM Prime will be launching an additional 15,000 units this year from expansion and new projects. In terms of offices, SM Prime has topped off the third E-com building. It will also break ground on another E-com building in the third quarter.

Under its hotels and convention center business, the company is slated to open SMX Convention Center in Bacolod third quarter of this year while Park Inn Clark is expected to be open in the last quarter of 2015.

Banking
BDO Unibank, Inc. recorded a net income of PHP 5.5 billion compared with P10.0 billion in the first quarter of 2013 which reflected exceptional trading gains. The bank revenues and net income are accounted for under the equity method of accounting in SMIC’s consolidated financial statements.

Excluding the one-time gains booked in the first quarter last year, the bank’s first-quarter operating income grew 31%.

The bank’s core businesses, particularly in loans and low cost deposits posted solid gains. Net interest income in the first quarter grew 27% year-on-year and continued to be the main earnings driver at PHP 12.2 billion. This is primarily due to the bank’s thriving customer loan business which expanded 23% to PHP956 billion, supported by a 37% growth in its low cost deposits.

Fee based income from payments, transaction banking, and asset management services also expanded 16% year-on-year, leading to an income contribution of PHP 3.9 billion. Treasury related activities contributed PHP 2.2 billion in earnings. BDO will focus on its core lending and deposit-taking operations as well as its service businesses to drive earnings in 2014. In terms of branch expansion, around 50 branches are scheduled for rollout in 2014.

The ASEAN Integration in 2015 is expected to open up more cross-border businesses for local banks as well as expand client base and market coverage. In BDO’s case, the bank will continue to strengthen and build its domestic presence.

Retail Operations
For the first three months of 2014, SM Retail sales grew 16 % to PHP 42.2 billion amidst greater competition. SM Retail reported a net income of PHP1.2 billion, for a net margin of 3% while EBIT rose 6% to PHP1.8 billion.

At the end of the quarter, SM Retail opened four new stores, bringing the total to 245 stores, consisting of 48 SM Stores, 39 SM Supermarkets, 40 SM Hypermarkets , 96 Savemore stores and 22 WalterMart stores.

For 2014, The SM Store will put up new stores in Cauayan, Isabela and SM MegaCenter in Cabanatuan, Nueva Ecija. After rebranding the department store to “The SM Store”, SM Retail plans to roll out new store designs and layouts to accommodate more brands and deliver an enhanced shopping experience on the back of an emerging generation of higher spending, fashion conscious Filipinos.

The Food Retail Group on the other hand continues to be optimistic about 2014 as it plans to introduce more stand-alone stores and through the help of SM’s partnership with Double Dragon’s CityMall Commercial Center, Inc. in order to satisfy the needs of the market.

SM Balance Sheet The total assets of SM grew 10% in the first quarter to PHP 629.05 billion. As of end-March 2014, SM maintains a very healthy balance sheet with a gearing ratio of only 38% net debt to 62% equity. SM recently raised PHP15 billion from a public offer of peso-denominated retail bonds with maturity of seven and ten years. The SM bonds are rated PRS Aaa by Philippine Rating Services Corporation, the highest rating assigned the credit rating firm.

— End –

For further information, please contact: 
Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
E-mail: cora.guidote@sminvestments.com Tel. No. 857-0117

###

Philippines SM Investments Corporation reports PHP 6.24 Billion in Net Income in Q12014

Homebase launches Dianthus “Memories” plant to raise money for Alzheimer’s Society and sister charities in Scotland and Ireland

Milton Keynes, UK,  2014-5-14 — /EPR Retail News/ — Homebase, one of the UK’s leading garden centres, has launched Dianthus “Memories” plant, to help raise money for its charity partner Alzheimer’s Society and sister charities in Scotland and Ireland.

This year, over 100,000 people in the UK and the Republic of Ireland will develop dementia. 25p from the sale of every “Memories” plant (RRP £4 for a pot or £10 for a tray of 6 bedding plants) will go towards supporting people living with dementia to stay in their own homes for longer, maintaining the lifestyle and independence which makes them who they are.

The plant, grown by award winning grower Whetman Pinks based in Devon, is hardy, ideal for pots or borders and is highly scented – making it a good choice for planting in a dementia friendly garden.

Gardens can be a great retreat and sense of comfort to people living with dementia. It’s a great place to socialise with family and friends, which can reduce feelings of isolation. It can also stimulate the senses with colours, smells and textures.

Amy Whidburn, Head of Corporate Responsibility for Homebase said: “There really is no place like home and familiar aspects of gardening can prompt reminiscence. We’re excited to be selling the hardy “Memories” flower, which makes a great addition to a dementia friendly garden, as well as raising vital funds for Alzheimer’s Society.”

Jeremy Hughes, Alzheimer’s Society Chief Executive says, “The garden is such an important focal part of people’s homes. It’s wonderful that sales of the Dianthus “Memories” plant will go towards helping so many people with dementia to remain living in their own home, enjoying their gardens and feeling safe in familiar surroundings whilst maintaining their lifestyle and independence.”

The garden can also have many therapeutic effects. It’s an environment that can be very calming, helping to reduce agitation. Gardening is great form of exercise, which can keep people supple and mobile so they are independent for longer. Exercise may improve memory and slow mental decline, as well as preventing boredom and depression.

It is also important that gardens are safe havens for people living with dementia, without potentially harmful or thorny plants.

The money raised from the sales of Dianthus “Memories” plant will go towards helping thousands of people with dementia live full lives in their homes and local communities through funding Singing for the Brain® groups, Dementia Cafes and Dementia Support services around the UK and Ireland. Together Alzheimer’s Society, Alzheimer Scotland and The Alzheimer Society of Ireland are Homebase and Argos’ charity partner 2013 – 2015.

To find out more visit www.alzheimers.org.uk/noplacelikehome

ENDS

Note to News Editors:

For more advice about how to create a dementia friendly garden, see: The positive effects of gardening for people living with dementia http://bit.ly/1ns7YfK.

For more information contact the Homebase Press Office:

0845 120 4365 / media.relations@homebase.co.uk

For all the latest news and images visit www.homeretailgroup.com/news-and-media

Follow us @Homebase_PR

Alzheimer’s Society press desk:

0845 0744 395 / Vicky Ames: vicky.ames@alzheimers.org.uk

About Homebase
Homebase is a leading home enhancement retailer selling around 38,000 products for the home and garden.  It has 323 large, out-of-town stores throughout the UK and Republic of Ireland serving around 60 million customers a year, and a growing internet offering at www.homebase.co.uk. In the financial year to February 2014, Homebase sales were £1.5 billion and it employed some 18,000 people across the business.

Homebase is part of Home Retail Group, the UK’s leading home and general merchandise retailer.

About Whetman Pinks
Whetman Pinks was established in 1936. The nursery is situated in a valley three miles from Dawlish. Whetman has a long history as a market garden and cut flower producer. Today, more than 5 million plants are produced on the nursery and shipped world wide.

Whetman Pinks is a family firm dedicated to the production of the highest quality young plants and are the world leaders in their field.

In 2013 Whetman Pinks won the Queen’s Awards for Enterprise for International Trade and was voted Overall Grower of the Year.  In 2012 they won Western Morning News Employer of the Year Award.

Dianthus “Memories”

Dianthus “Memories” was voted best in Show, National Plant Show 2011, best new herbaceous perennial, Grower of the Year Awards 2013 and was runner up, RHS Chelsea Flower Show Plant of the Year 2012.

Home Retail Group Charity Partnership

  • Together Alzheimer’s Society, Alzheimer Scotland and The Alzheimer’s Society of Ireland are Home Retail Group’s charity partner 2013 – 2015. Home Retail Group comprises Argos, Homebase and Habitat.
  • The majority (83%) of people with dementia want to live in their own homes and yet more than one in ten people living with the condition will go unnecessarily into long term care because they don’t have enough support.
  • This year, over 100,000 people in the UK and the Republic of Ireland will develop dementia. Together Home Retail Group, Alzheimer’s Society, Alzheimer Scotland and The Alzheimer Society of Ireland will raise millions to support them to stay in their own home and be part of community life for as long as possible.
  • The money raised by Argos and Homebase colleagues and customers will fund Singing for the Brain® therapy groups, Dementia Cafes and Dementia Support services around the UK and Ireland.
  • You can support our work by calling 0845 678 7678 or visiting www.alzheimers.org.uk/noplacelikehome

 

Dementia, Alzheimer’s Society, Alzheimer Scotland and The Alzheimer Society of Ireland

  • There are over 840,000 people in the UK and the Republic of Ireland living with dementia today. Numbers are set to rise to 1 million by 2021.
  • People can read about living well with dementia at www.alzheimers.org.uk/hometips
  • The statistics in this press release are calculated using findings from three Alzheimer’s Society reports – Support.Stay.Save. Dementia UK and Mapping the Dementia Gap. New figures taken from Alzheimer’s Society’s Support. Stay. Save report 2011 have been applied to ‘Dementia 2012’ prevalence figures.
  • Dementia can happen to anyone. It is caused by brain diseases; the most common is Alzheimer’s. As the brain shuts down, a person gradually loses the ability to do the things many of us take for granted from enjoying conversations with family or friends to eating or dressing without help. There is currently no cure for dementia. But with the right support, people can live well with dementia.
  • Alzheimer’s Society, Alzheimer Scotland and The Alzheimer’s Society of Ireland champion the rights of people living with dementia and the millions of people who care for them.
  • Alzheimer’s Society is the leading support and research charity for people with dementia, their families and carers in England, Wales and Northern Ireland. Alzheimer Scotland provides information and support to people with dementia, their carers and families in Scotland and also funds research. The Alzheimer Society of Ireland is the leading dementia specific service provider in Ireland.

###

Homebase launches Dianthus “Memories” plant to raise money for Alzheimer’s Society and sister charities in Scotland and Ireland

Homebase launches Dianthus “Memories” plant to raise money for Alzheimer’s Society and sister charities in Scotland and Ireland

 

Homebase and LEGO recreate the least recognisable flowers ahead of Chelsea Flower Show 2014 and encourage children to get gardening

Milton Keynes, UK,  2014-5-14 — /EPR Retail News/ — With the RHS Chelsea Flower Show just around the corner, Homebase has tested the nation on its floral familiarity. From buttercup to bulrush the garden retailer has determined where the nation’s blossom blind spots are and has partnered with LEGO to recreate the four least recognisable flowers.

The four least recognised flowers are:

  • Chrysanthemum
  • Dahlia
  • Delphinium
  • Sweet William

Homebase hopes that the LEGO building block buds will encourage children to get gardening and educate the nation, meaning more recognition to forgotten flora, helping us work out our dahlias from our delphiniums.

Photo caption:Homebase recreates the four least recognisable flowers out of LEGO bricks to educate the nation ahead of Chelsea Flower Show 2014 and encourage children to get gardening

ENDS

Notes to news editors:

The research was conducted by Opinion Matters on 11/3/14. 2000 people were questioned.

For more information please contact the Homebase team:

E: homebase@thisissurname.com

T: 020 7260 2770

Follow us @Homebase_PR

About Homebase
Homebase is a leading home enhancement retailer selling around 38,000 products for the home and garden.  It has 323 large, out-of-town stores throughout the UK and Republic of Ireland serving around 60 million customers a year, and a growing internet offering at www.homebase.co.uk. In the financial year to February 2014, Homebase sales were £1.5 billion and it employed some 18,000 people across the business.

Homebase is part of Home Retail Group, the UK’s leading home and general merchandise retailer.

###

Homebase and LEGO recreate the least recognisable flowers ahead of Chelsea Flower Show 2014 and encourage children to get gardening

Homebase and LEGO recreate the least recognisable flowers ahead of Chelsea Flower Show 2014 and encourage children to get gardening

 

Walmart to double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020

MOUNTAIN VIEW, Calif., 2014-5-13 — /EPR Retail News/ — At an event with President Barack Obama, Walmart today announced that it will double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers by 2020. The commitment is part of Walmart’s global initiative to drive the production or procurement of 7 billion kWh of renewable energy by the end of 2020.

Over the last few years Walmart has made significant progress toward its goal to be supplied by 100 percent renewable energy.  With today’s commitment Walmart will further extend its leadership in renewables, doubling its solar energy projects in the United States and Puerto Rico over the next six years, compared to a 2013 baseline.

“We share the President’s commitment to a sustainable energy future and applaud his willingness to partner with business on this important issue,” said Bill Simon, president and CEO  of Walmart U.S. “We know from experience that investing in energy innovation allows us to save money, reduce carbon pollution, and create jobs. Every day, millions of Americans depend on us to watch every penny so that we can provide the best prices on products they love. Our customers can feel good that we’re watching out for both their wallets and their children’s future.”

Walmart made the announcement while hosting President Obama at a solar-powered store in Mountain View, California. The President visited the store to highlight the importance of energy efficiency and renewables in keeping America strong.

Walmart today is the No. 1 commercial solar energy user according to the Solar Energy Industry Association and is recognized as the largest on-site renewable energy user in America by the EPA’s Green Power Partnership.

Earlier this week, Walmart also signed on to the Department of Energy’s Better Buildings Initiative, reinforcing the company’s commitment to reduce the energy intensity of its buildings by 20 percent by 2020, compared to a 2010 baseline.

In total, Walmart’s 2020 commitments to scale renewables and accelerate energy efficiency globally could save the company as much as $1 billion a year in energy costs.

The Mountain View store currently derives 14.5 percent of its energy from solar systems built and installed by SolarCity, a local California business and one of Walmart’s largest solar vendors.  According to SolarCity, its projects with Walmart alone have created an estimated 9,000 construction jobs in the United States, and SolarCity has created an additional 5,000 permanent American jobs since it initiated its first project with Walmart in 2010.

As Walmart and other companies commit to solar, it creates more certainty in the marketplace and encourages others to invest, lowering the cost for everyone.  According to Lyndon Rive, CEO of SolarCity, “One of SolarCity’s biggest challenges is that customers are still stuck with the stigma that clean energy is expensive. Walmart’s scale, brand, and leadership is sending the signal that solar is cost effective. Walmart is showing you can be sustainable, and you can do it at prices that meet or beat the price of energy from the grid.”

With today’s commitment, Walmart continues to demonstrate that it can serve more customers while slowing its environmental impact.  Since 2005, Walmart’s greenhouse gas emissions grew at only one-quarter the rate of the company’s growth, nearly flat-lining in recent years. With its 2020 energy goals, it anticipates an absolute decline in GHG emissions by 2020 despite significant growth plans over that same time period.

For more information and to join the conversation, please follow us @Walmartgreen.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our 11,302 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visitinghttp://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

###

BRC-KPMG RETAIL SALES APRIL 2014: UK online sales of non-food products grew 11.2% YoY

LONDON, 2014-5-13 — /EPR Retail News/ — Online sales of Non-Food products in the UK grew 11.2% in April versus a year earlier. In April 2013, they had increased by 6.3% over the previous year.

In April, online sales represented 16.1% of total Non-Food sales of our Monitor, against 15.9% in April 2013. April’s penetration is the lowest recorded by our monitor since last April, an effect of the Easter distortion.

The Other Non-Food category contributed almost 80% of the growth, followed for the first time by Furniture, a category helped by the Easter break, which recorded its best contribution since our monitor began in December 2012. In contrast, Easter led Clothing to record its smallest contribution since the start of the monitor.

Online sales contributed 0.5 percentage points to the growth of Non-Food total sales, the lowest contribution since March 2013.

Helen Dickinson, Director General, British Retail Consortium, said: “Online sales have grown steadily over the last year with a twelve month average change of 12.7 per cent year on year which is testament to the great British online retail offering. However the April 2014 growth of 11.2 per cent against 12.8 per cent in March shows that, when an opportunity like the Easter holiday arises, customers like to enjoy a great experience in store.

“Retailers know that customers want to experience shopping across all channels and have risen to the challenge of using digital technology to draw customers into new format stores where everything is available at the touch of a button.”

David McCorquodale, Head of Retail, KPMG, said: “While the Easter break helped the high street, the sunshine proved to be something of a distraction to the online channel, which saw sales slow, with just over 16 per cent of non-food items bought online. While this is a fall on previous months’ levels, it is an expected blip and reminds us that when the sun shines and people are on holiday, they are still attracted by the theatre of the store. Now the Easter bank holiday season has passed, I expect online sales to continue unabated.”

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