Category Archives: Auctions

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Auction for the rarest Wonder Woman comic books on eBay begins August 17

Wonder Woman #1, Sensational Comics #1 and All-Star Comics #8 up to be sold with a portion of proceeds going towards Trafficking Hope.

San Jose, CA, 2017-Aug-17 — /EPR Retail News/ — Today, three of the rarest Wonder Woman comic books of all time will be sold on eBay beginning August 17 at 5pm PDT — Wonder Woman #1 CGC 9.0, Sensational Comics #1 CGC 9.6 and All-Star Comics #8 CGC 9.4. This unique comic book collection has yielded the single highest graded copies of Sensation Comics #1 and All-Star Comics #8. Two of these comics have only been rumored to exist in these record breaking conditions until now, making this an exciting time for comic book history and Wonder Woman fans across the world. Visit: www.eBay.com/WonderWoman

Wonder Woman made her comic book debut in All Star Comics #8 in December 1941. Her cover debut followed on Sensational Comics #1 in January 1942, and the first full length comic devoted exclusive to her was Wonder Woman #1 the following July. In total, these three books make up the definitive debut, cover art and origin for Wonder Woman as an inspirational and beloved comic book character.

The comics are being sold on eBay by seller Darren Adams, owner of Pristine Comics. Darren previously sold Action Comics #1 on eBay in 2014, for a record $3.2 million. “As a comic book collector, these three Wonder Woman books are truly one-of-a-kind. All three are all in near-perfect condition, which really excites me as a collector – to think that comics in this condition, which are over 75 years old, are still out there,” said Adams. “eBay did such a phenomenal job helping me to sell the Action Comics #1 a few years ago, and I firmly believe their global marketplace will help get the reach and connect with other comic book enthusiasts like myself with these sales.”

The upcoming Wonder Woman sale is expected to break records as well. A portion of the proceeds will be donated to Trafficking Hope, a nonprofit dedicated to the prevention of human trafficking, through eBay for Charity.

“With the rise in popularity of the Wonder Woman franchise this year, we’re excited to be able to bring the three most important books from her Golden age origin story to our 171 million eBay users. eBay provides access to items you can’t find anywhere else and we’re thrilled to be able to give shoppers the chance to own the highest graded definitive Wonder Woman key comic books in history,” said Sam Bright, Senior Director of Art & Collectibles at eBay.

eBay & Wonder Woman by the Numbers – Global

  • Total YTD GMV for Wonder Woman sales on eBay is up by 52% YOY.*
  • The most popular Wonder Woman items sold on eBay since 2015 include: stamps, comic books, Funko-Pops, costumes and temporary tattoos.*
  • There are over 200,000 average daily live listings for Wonder Woman products on eBay.*
  • The costliest Wonder woman related item ever sold on eBay is the All Star Comics #8 CGC Comic Book for $81,000*

eBay & Wonder Woman by the Numbers – U.S.

  • Total YTD GMV for Wonder Woman sales on eBay is up by 59% YOY.*
  • The most popular Wonder Woman items sold on eBay since 2015 include: stamps, comic books, Funko-Pops, costumes, and temporary tattoos.*
  • This year alone, Wonder Woman has been searched for on eBay over 460,000 times.*
  • There are currently more than over 150,000 live listings for Wonder Woman products on eBay.*
  • With more than a billion listings and an audience of 171 million users around the world, eBay offers the best choices—including rare and valuable collectibles that you can’t find anywhere else—making it easy to find the things you want.

 

*Data gathered from eBay sales of Wonder Woman merchandise between January 1, 2004 – July 10, 2017.

About eBay
eBay Inc. (NASDAQ: EBAY) is a global commerce leader including the Marketplace, StubHub and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2016, eBay enabled $84 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

Contact:
(408) 376-7400

Source: eBay

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Final results of InvenTrust Properties Corp. modified “Dutch Auction” tender offer

OAK BROOK, Ill., 2016-Dec-09 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”) today (12/07/2016) announced the final results of its modified “Dutch Auction” tender offer (the “Offer”), which expired at 5:00 p.m., New York Time, on December 1, 2016. The Company has accepted for purchase 89,374,686 shares of its common stock at a purchase price of $2.66 per share, for an aggregate cost of approximately $237.7 million, excluding fees and expenses relating to the Offer. The 89,374,686 shares accepted for purchase in the Offer represent approximately 10.4% of the Company’s currently issued and outstanding shares of common stock.

Based on the final count by DST Systems, Inc. (“DST”), the paying agent and the depositary for the Offer, a total of 89,374,686 shares of the Company’s common stock were properly tendered and not properly withdrawn at or below the final purchase price of $2.66 per share.

In accordance with rules promulgated by the Securities and Exchange Commission (“SEC”), the Company had the option to increase the number of shares accepted for payment in the Offer by up to 2% of the outstanding shares without amending or extending the Offer. InvenTrust exercised that option and increased the Offer by 14,186,716 shares or $37.7 million to avoid any proration for the stockholders tendering shares. These shares are included in the total shares accepted for purchase noted above.

The paying agent, DST, will promptly issue payment for shares validly tendered and accepted for purchase in accordance with the terms and conditions of the Offer. Shares tendered and not accepted for purchase will be returned promptly to stockholders.

“We believe this tender offer has provided the immediate liquidity needed by some of our stockholders, while still balancing the Company’s ability to execute on its long-term strategy,” said Tom McGuinness, CEO of InvenTrust Properties. “My team has made progress in the refinement of our retail portfolio. We are well on our way to simplifying our collection of assets and presenting a compelling financial story to the investment community. We are enthusiastic and believe in our strategy and what’s ahead.”

Important Notice

This press release is a summary provided for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of the Company. The full details of the modified “Dutch Auction” tender offer, including complete instructions on how to tender shares, will be included in the offer to purchase, the letter of transmittal and other related materials, which the Company will publish, send or give to stockholders upon commencement of the tender offer, and file with the SEC. Stockholders are urged to read carefully the offer to purchase, the letter of transmittal and other related materials when they become available because they contain important information, including the terms and conditions of the Offer. Stockholders may obtain free copies of the offer to purchase, the letter of transmittal and other related materials after they are filed by the Company with the SEC at the SEC’s website at www.sec.gov. Each stockholder should consult with its tax advisor, broker, dealer, commercial bank, trust company, custodian or other nominee to evaluate the consequences of tendering or selling Shares in the Offer.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. is a pure-play retail company with a focus on acquiring open-air centers with a disciplined approach, in key growth markets with favorable demographics. This acquisition strategy, along with our innovative and collaborative property management approach, ensures the success of both our tenants and business partners and drives net operating income growth for the Company. InvenTrust became a self-managed REIT in 2014 and as of September 30, 2016, is an owner and manager of 88 retail properties, representing 15.1 million square feet of retail space, and one non-core property.

Forward-Looking Statements Disclaimer

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain and involve known and unknown risks that are difficult to predict. Factors that may cause actual results to differ materially from current expectations include, among others, the Risk Factors included in InvenTrust’s most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the SEC. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contact:
Dan Lombardo
630-570-0605
dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

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InvenTrust Properties Corp. extends its modified “Dutch Auction” tender offer to December 1, 2016

OAK BROOK, Ill., 2016-Nov-29 — /EPR Retail News/ — InvenTrust Properties Corp. (“InvenTrust” or the “Company”) announced today (11/28/2016) that in order to provide additional time to stockholders to submit paperwork to validly tender their shares, and to allow them to correct any paperwork submitted in error, the Company has decided to extend its modified “Dutch Auction” tender offer (the “Offer”) to 5:00 p.m. New York Time on Thursday, December 1, 2016. The Offer was previously scheduled to expire at 5:00 p.m. New York Time on Monday, November 28, 2016.

In accordance with the terms of the Offer and subject to its conditions, tendering stockholders will specify the price or prices at which they are tendering their shares, which may not be greater than $2.94 nor less than $2.45 per share. The purchase price will be the lowest price that will enable the Company to buy up to $200 million in value of its shares of common stock pursuant to the Offer. Upon expiration, payment for the shares of common stock accepted for purchase under the Offer will occur promptly in accordance with applicable law.

None of the Company, its board of directors, or DST Systems, Inc. (“DST”), in its capacity as depositary, paying agent or information agent, makes any recommendation to stockholders as to whether to tender or refrain from tendering their shares or as to the price or the prices at which they may choose to tender their shares. Each stockholder must make his, her or its own decision whether to tender shares, and if so, how many shares to tender and the price or prices at which to tender.

As of November 25, 2016, approximately 109.1 million shares have been tendered. Please note that the number of shares tendered may change significantly between such date and the new expiration date of December 1, 2016. In accordance with rules promulgated by the Securities and Exchange Commission (“SEC”), the Company may increase the number of shares accepted for payment in the Offer by up to 2% of the outstanding shares without amending or extending the Offer. This could result in the dollar value of the Offer increasing by up to approximately $42 million assuming a purchase price at the low end of the range or $51 million assuming a purchase price at the high end of the range. All shares purchased by the Company pursuant to the Offer will be purchased at the same price. InvenTrust expects to fund the tender offer with cash on hand.

Any questions or requests for assistance may be directed to DST by telephone toll free at 855-377-0510. Requests for copies of the offer to purchase, the letter of transmittal or other tender offer materials may be directed to the information agent and such copies will be furnished promptly at the Company’s expense. Stockholders may also want to consider contacting their broker dealer, commercial bank, trust company, custodian or other nominee for assistance concerning the Offer.

Important Notice

This press release is a summary provided for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of the Company. The full details of the modified “Dutch Auction” tender offer, including complete instructions on how to tender shares, will be included in the offer to purchase, the letter of transmittal and other related materials, which the Company will publish, send or give to stockholders upon commencement of the tender offer, and file with the SEC. Stockholders are urged to read carefully the offer to purchase, the letter of transmittal and other related materials when they become available because they contain important information, including the terms and conditions of the Offer. Stockholders may obtain free copies of the offer to purchase, the letter of transmittal and other related materials after they are filed by the Company with the SEC at the SEC’s website at www.sec.gov. Each stockholder should consult with its tax advisor, broker, dealer, commercial bank, trust company, custodian or other nominee to evaluate the consequences of tendering or selling Shares in the Offer.

About InvenTrust Properties Corp.

InvenTrust became a self-managed REIT in 2014 and as of September 30, 2016, is an owner and manager of 88 retail properties, representing 15.1 million square feet of retail space, and one non-core property.

Forward-Looking Statements Disclaimer

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future and are typically identified by words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain and involve known and unknown risks that are difficult to predict. Factors that may cause actual results to differ materially from current expectations include, among others, the Risk Factors included in InvenTrust’s most recent Annual Report on Form 10-K, as updated by any subsequent Quarterly Report on Form 10-Q, in each case as filed with the SEC. InvenTrust intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, except as may be required by applicable law. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contact:
Dan Lombardo
630-570-0605
dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

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Gordy’s Market raised over $62,000 during its 12th Annual Feed My People Live Charity Auction

Gordy’s Market raised over $62,000 during its 12th Annual Feed My People Live Charity Auction

 

CHIPPEWA FALLS, WISC, 2016-Aug-26 — /EPR Retail News/ — Gordy’s Market held their 12th Annual Feed My People Live Charity Auction on Friday, August 5 with all proceeds from the auction going to the Feed My People Food Bank of Wisconsin.

Feed My People is the only food bank in West Central Wisconsin, providing food to more than 125 hunger-relief organizations in 14 different counties. In total, Gordy’s raised over $62,000 for the food bank and the communities they serve.

The live auction included over 1,000 items and a special guest appearance by former Packers, Gilbert Brown and Tyrone Williams.

Gordy’s “Meat Guy,” Mike Vavra, also contributed to the excitement and awareness of the live auction and Feed My People Food Bank by embarking on a 100 mile ultramarathon. Mike began his run at Gordy’s Market in Rice Lake on Thursday, August 14 and completed his 100 mile adventure during the live auction held at Gordy’s Market in Eau Claire on Hamilton Avenue. Mike contributed over $1,800 from his run towards the final total raised.

The annual auction has now raised over $487,000 for the Feed My People Food Bank. With every $1 raised, Feed My People is able to provide $10 worth of food, or 6 pounds.

Established on the South side of Chippewa Falls in 1966 by Gordy and Donna Schafer, Gordy’s Market locally owns and operates 26 stores.

Founded on the values of giving back to their communities and providing local families with quality products at affordable prices while paying high attention to friendly service, Gordy’s continues to operate on these long standing traditions. A family owned and operated tradition spanning over 3 generations, the grocery business has been a passion of the Schafer Family for 50 years.

Thank you to all of our partners and local communities for the support they showed in making this event so successful this year!

Source: Gordy’s Market

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PREIT: Beaver Valley Mall up for sale; Washington Crown Center in Washington, PA and office building at Voorhees Town Center sold

PHILADELPHIA, 2016-Jul-19 — /EPR Retail News/ — PREIT (NYSE: PEI) announced that it continues to drive the quality of its portfolio to new heights having executed agreements of sale and received non-refundable deposits for the sale of Washington Crown Center in Washington, PA and the office building it retained at Voorhees Town Center.  Details including pricing and proceeds will be made available upon closing.  The transactions are subject to customary closing conditions and are expected to close before the end of the third quarter of 2016.

The Company also continues to press forward with optimizing its property portfolio and has decided to market Beaver Valley Mall for sale.   In addition to this, PREIT continues its focus on remerchandising and redevelopment opportunities that maximize the appeal to shoppers.  This effort includes introducing sought after and new-to-portfolio tenants, proactively replacing department stores and capitalizing on opportunities to redevelop high quality assets to drive future growth.

“We are looking toward our future with optimism as we continue to transform our platform with our fourteenth lower-productivity mall now under contract,” said Joseph F. Coradino, CEO of PREIT. “It has been a top priority for PREIT to improve our portfolio so we can deliver strong operating results and allocate capital into our higher-quality assets that are expected to translate into superior risk-adjusted returns for our shareholders.”

Washington Crown Center, located in Washington, PA, is anchored by Bon-Ton, Macy’s, Gander Mountain and Sears.  As of March 31, 2016, the property generated sales per square foot of $318 and non-anchor occupancy of 87.9%.

The decision to market Beaver Valley Mall was made following the pivotal announcement from Shell Chemical that it is moving forward with development of a multi-billion dollar petrochemical complex just a mile and a half from the mall, which will bring several thousand jobs to the region.   This development presents an opportunity to maximize the value of the property upon sale while preserving capital for other investments.

PREIT, through continued execution of its robust transformation agenda, has generated proceeds in excess of $645 million and has driven over 20% sales growth since June 2012.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls.  Headquartered in Philadelphia, Pennsylvania, the company owns and operates over 25 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has driven a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures. Additional information is available at www.preit.com, on Twitter or LinkedIn.

Forward Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current views about future events, achievements or results and are subject to risks, uncertainties and changes in circumstances that might cause future events, achievements or results to differ materially from those expressed or implied by the forward-looking statements. In particular, our business might be materially and adversely affected by uncertainties affecting real estate businesses generally as well as the following, among other factors: our substantial debt, stated value of preferred shares and our high leverage ratio; constraining leverage, interest and tangible net worth covenants under our 2013 Revolving Facility, our 2014 Term Loans and our 2015 Term Loan; potential losses on impairment of certain long-lived assets, such as real estate, or of intangible assets, such as goodwill, including such losses that we might be required to record in connection with any dispositions of assets; changes to our corporate management team and any resulting modifications to our business strategies; our ability to refinance our existing indebtedness when it matures, on favorable terms or at all; our ability to raise capital, including through the issuance of equity or equity-related securities if market conditions are favorable, through joint ventures or other partnerships, through sales of properties or interests in properties, or through other actions; our ability to identify and execute on suitable acquisition opportunities and to integrate acquired properties into our portfolio; our partnerships and joint ventures with third parties to acquire or develop properties; our short- and long-term liquidity position; current economic conditions and their effect on employment, consumer confidence and spending and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions and on our cash flows, and the value and potential impairment of our properties;  general economic, financial and political conditions, including credit market conditions, changes in interest rates or unemployment; changes in the retail industry, including consolidation and store closings, particularly among anchor tenants; the effects of online shopping and other uses of technology on our retail tenants;  our ability to sell properties that we seek to dispose of or our ability to obtain estimated sale prices; our ability to maintain and increase property occupancy, sales and rental rates, in light of the relatively high number of leases that have expired or are expiring in the next two years; acts of violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales;  increases in operating costs that cannot be passed on to tenants; risks relating to development and redevelopment activities which could be subject to delays or other risks and might not yield the returns we anticipate; concentration of our properties in the Mid-Atlantic region; changes in local market conditions, such as the supply of or demand for retail space, or other competitive factors; and potential dilution from any capital raising transactions.  Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed in our most recent Annual Report on Form 10-K and in any subsequent Quarterly Report on Form 10-Q in the section entitled “Item 1A. Risk Factors.” We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.

CONTACT:
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
heather.crowell@preit.com

SOURCE: PREIT

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Ahold and Delhaize Group to divest 86 stores in U.S.

BRUSSELS, Belgium, 2016-Jul-18 — /EPR Retail News/ — Delhaize Group and Ahold today announced that their United States subsidiaries have reached agreements with buyers to divest a total of 86 stores in a limited number of locations in which the companies’ U.S. subsidiaries both operate. These divestments are being made in connection with the United States Federal Trade Commission’s (FTC) pending review of the proposed merger between the two companies. The divested stores are being sold to well-established supermarket operators.

All of the purchase agreements are subject to FTC approval. The agreements are also subject to FTC clearance and formal completion of the Delhaize Group and Ahold merger, which the companies continue to expect before the end of July.

These store locations represent 4.1% of the Ahold and Delhaize Group companies’ total combined U.S. store count and 3.2% of combined U.S. 2015 net sales.

“Selling stores is a difficult part of any merger process, given the impact on our associates, customers and communities in which we operate,” said Frans Muller, President and Chief Executive Officer, Delhaize Group. “We believe we have made every effort to identify strong buyers for these locations, and we want to thank our loyal associates and customers who have shopped our stores and supported us for so many years. Upon the completion of the merger, we will continue to maintain our local Food Lion and Hannaford brands; however, our new company scale will enable us to accelerate our local market strategies to better serve our customers with nearly 2,000 stores along the East Coast in the United States.”

The buyers of the 86 stores being divested are:

  • New Albertson’s, Inc. (part of Albertsons Companies based in Idaho), purchasing 1 Giant Food store in Salisbury, Maryland;
  • Big Y (based in Massachusetts), purchasing 8 Hannaford stores in eastern Massachusetts;
  • Publix (based in Florida), purchasing 10 MARTIN’S stores in Richmond, Virginia;
  • Saubel’s Markets (based in Pennsylvania), purchasing 1 Food Lion store in York, Pennsylvania
  • Supervalu (based in Minnesota), purchasing 22 Food Lion stores in Maryland, Pennsylvania, Virginia and West Virginia;
  • Tops Markets (based in New York), purchasing 1 Stop & Shop store in Massachusetts as well as  3 Stop & Shop  stores and 2 Hannaford stores in New York; and
  • Weis Markets (based in Pennsylvania), purchasing 38 Food Lion stores in Delaware, Maryland and Virginia.

The divested stores are expected to be converted by the buyers to their new banners and re-opened as supermarkets after any remodeling planned by the buyers.

A full list of the locations being sold by both companies as part of this process is attached as an annex to this press release.

On June 24, 2015, Delhaize Group and Ahold announced their intention to merge. The shareholders’ meetings of both companies approved the merger in March 2016. The Belgian Competition Authority (BCA) granted its conditional approval for the merger in March 2016.  FTC clearance is the remaining regulatory approval requirement for the Ahold and Delhaize Group merger.

Please visit www.delhaizegroup.com, www.ahold.com, or www.adcombined.com for more information.

Delhaize Group 
Delhaize Group is a Belgian international food retailer present in seven countries on three continents. On March 31, 2016, Delhaize Group’s sales network consisted of 3,524 stores. In 2015, Delhaize Group posted €24.4 billion ($27.1 billion) in revenues and €366 million ($407 million) in net profit (Group share). At the end of 2015, Delhaize Group employed approximately 154,000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

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

Contacts

Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669
U.S. Media: Christy Phillips-Brown
+1-704-310-2221
Cphillips-brown@foodlion.com

Source: Delhaize Group

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Chile: Cencosud S.A. Announces Pricing of Public Secondary Offering of its Common Stock by Inversiones Tano Limitada

Santiago, Chile, 2016-Jul-17 — /EPR Retail News/ — Cencosud S.A. (NYSE: CNCO, BCS: Cencosud) (“Cencosud” or the “Company”) announced today the pricing on July 14, 2016 of the previously announced public secondary offering, in which Inversiones Tano Limitada (the “Selling Shareholder”) offered 170,551,251 shares of the Company’s common stock, representing 6% of Cencosud’s total outstanding common stock, including in the form of American Depositary Shares (“ADSs”). The price to the public is Ch$1,750.00 per share or U.S.$8.07 per ADS. Each ADS represents three shares of common stock of Cencosud. 14,905,977 shares were allocated in the United States and elsewhere outside of Chile in the form of ADSs (the “International Offering”) and 155,645,274 shares were allocated in Chile in the form of common stock (the “Chilean offering” and, together with the International Offering, the “Global Offering”).

The Global Offering is expected to close on or around July 19, 2016, subject to customary closing conditions. Cencosud will not receive any proceeds from the sale of the shares of common stock or the ADSs in the Global Offering. The Selling Shareholder is controlled by the Paulmann Family, who will continue to be the controlling shareholders of Cencosud following the Global Offering.

J.P. Morgan Securities LLC and Credicorp Capital S.A. Corredores de Bolsa are acting as global coordinators in the Global Offering, with J.P. Morgan Securities LLC acting as sole book-running manager in the International Offering and Credicorp Capital S.A. Corredores de Bolsa and J.P. Morgan Corredores de Bolsa SpA acting as Chilean placement agents in the Chilean Offering.

The International Offering was conducted pursuant to an effective registration statement that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 11, 2016. The final prospectus related to the International Offering, when available, can be found on the SEC’s website at http://www.sec.gov. Alternatively, copies of the final prospectus, when available, may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Phone: 631-254-1735.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cencosud S.A.
Cencosud is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The Company operates in supermarkets, home improvement stores, shopping centers and department stores. In 2012, the company listed American Depositary Receipts on the New York Stock Exchange.

Investor Relations Contact:
Marisol Fernández
+562 2959 0545
Mariasoledad.fernandez@cencosud.cl

Natalia Nacif
+562 2959 0368
Natalia.nacif@cencosud.cl

Valentina Klein
+562 2200 4395
Valentina.klein@cencosud.cl

Source:Cencosud

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The Bon-Ton Stores to support bullying and cyberbullying prevention efforts with the sale of the 2016 limited edition “Blue Shirts”

MILWAUKEE, 2016-Jul-17 — /EPR Retail News/ — In the fifth consecutive year of their partnership, STOMP Out Bullying™, the leading national bullying and cyber bullying prevention organization for children and teens in the U.S., and The Bon-Ton Stores, Inc., (NASDAQ:BONT) which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores, are coming together to support bullying and cyber bullying prevention efforts with the sale of the 2016 limited edition “Blue Shirts.”

Now available for the back to school season, the limited edition shirts are worn in support of Blue Shirt Day® World Day of Bullying Prevention™, to be observed this year on Monday, October 3rd. The day marks a time for children, teens, families, schools and communities to join together to drive awareness about anti-bullying programs around the world. Sold exclusively in Bon-Ton stores and online at bonton.com through October 3rd, the Blue Shirt has gradually become a symbol for promoting friendship, compassion and kindness. All net profits from the t-shirt sales are donated to STOMP Out Bullying™.

“We are thrilled to partner with Bon-Ton Stores to raise awareness of this pervasive issue of bullying and help give students a voice where they might otherwise be unheard,” said Ross Ellis, founder and CEO of STOMP Out Bullying™. “With Bon-Ton’s continued partnership and generosity, we can make a difference in the lives of so many children and teens who experience bullying with no place to turn.”

Each year, messages of bullying prevention are heard around the world on Blue Shirt Day® World Day of Bullying Prevention™ as hundreds of thousands of students create a “sea of blue” to help spread the word on putting an end to all forms of bullying. The movement continues throughout the remainder of October, which is National Bullying Prevention Month. Learn more about how you can join this critical call for action at www.stompoutbullying.org/.

“For the fifth consecutive year, Bon-Ton is pleased to partner with STOMP Out Bullying™ in an effort to raise awareness and support for bullying prevention in our communities and schools,” said Kathryn Bufano, President and CEO, The Bon-Ton Stores, Inc. “With families and children getting ready for Back to School this is an ideal time for our company to share the message of friendship and caring.”

Customers can also support the campaign by making a donation in Bon-Ton stores – for every $3 donation, Bon-Ton Stores will give you a $10 off coupon, valid on any $25 or more Back to School purchase. This offer will be available July 20 through August 6.

For more information and official rules, please visit www.bonton.com/STOMPOutBullying.

About STOMP Out Bullying™
STOMP Out Bullying™ is the leading national bullying and cyber bullying prevention organization for kids and teens and is recognized as the most influential anti-bullying organization in the U.S. Created in 2005, STOMP Out Bullying™ focuses on reducing and preventing bullying, cyber bullying and other digital abuse, educating against homophobia, racism and hatred, decreasing school absenteeism, and deterring violence in schools.  It teaches effective solutions on how to respond to all forms of bullying, as well as educates kids and teens in school and online, providing help for those in need and at risk of suicide; raises awareness; supports peer mentoring programs in schools; provides public service announcements by noted celebrities, and engages in social media campaigns. To learn more, visit us at www.stompoutbullying.org or find us on Facebook or Twitter.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 267 stores, which includes 9 furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates.  The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings.  The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves.

For store locations and information visit www.bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle.


CONTACTS:

Jill Metzger
RF|BINDER
212-994-7542
jill.metzger@rfbinder.com

Christine Hojnacki
The Bon-Ton Stores, Inc.
414.347.5329
Christine.Hojnacki@bonton.com

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The Bon-Ton Stores to support bullying and cyberbullying prevention efforts with the sale of the 2016 limited edition "Blue Shirts"
The Bon-Ton Stores to support bullying and cyberbullying prevention efforts with the sale of the 2016 limited edition “Blue Shirts”

Source: The Bon-Ton Stores, Inc.

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The Michaels Companies, Inc. announced the pricing of the previously disclosed secondary offering by certain of its stockholders

IRVING, Texas, 2016-Jul-16 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) (the “Company”) today announced the pricing of the previously disclosed offering by certain of its stockholders (the “Selling Stockholders”) of 11 million shares of the Company’s common stock at a per-share price to the public of $27.85 pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”), of which the Company will purchase from the underwriter 1 million shares of such common stock.  The offering is expected to close on July 18, 2016, subject to customary closing conditions.

The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

The Company’s per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders.

Morgan Stanley is acting as underwriter for the offering.

A registration statement relating to these shares was filed with the SEC on July 9, 2015 and became effective upon filing. The offering of these shares will be made only by means of a prospectus. Before you invest, you should read the prospectus, the registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC – Attn: Prospectus Department – 180 Varick Street, 2nd Floor – New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About The Michaels Companies, Inc.:

The Michaels Companies, Inc. is North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. As of April 30, 2016, the Company owned and operated 1,352 stores in 49 states and Canada under the brands Michaels, Aaron Brothers, and Pat Catan’s.  The Michaels Companies, Inc. also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the gift and decor industry.  The Michaels Companies, Inc. produces a number of exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland®, Celebrate It®, ArtMinds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Make Market®, Foamies®, LockerLookz®, and Sticky Sticks®.

Forward-Looking Statements:

Certain information contained in this news release, particularly information regarding the completion of the offering and the repurchase by the Company, constitute forward-looking statements. The words “anticipate”, “assume”, “believe”, “continue”, “could”, “estimate”, “expect”, “forecast”, “future”, “guidance”, “imply”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “project”, and similar terms and phrases are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company cannot assure investors that future developments affecting the Company will be those that it has anticipated. Actual results may differ materially from these expectations due to risks relating to the effect of economic uncertainty, market conditions and other risks and uncertainties identified under the heading “Risk Factors” included in the prospectus, the Company’s Form 10-K filed with the SEC on March 17, 2016, which is available at www.sec.gov, and other filings that the Company may make with the SEC in the future. If one or more of these risks or uncertainties materialize, or if any of the Company’s assumptions prove incorrect, the Company’s actual results may vary in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this news release speaks only as of the date on which the Company makes it. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company does not undertake and specifically disclaims any obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Investor Contact:

Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com

ICR, Inc.
Farah Soi
203.682.8200
Farah.Soi@icrinc.com

Anne Rakunas
Anne.Rakunas@icrinc.com

Financial Media Contact:

ICR, Inc.
Michael Fox
203.682.8200
Michaels@icrinc.com

Jessica Liddell
203.682.8208

Source: Michaels Stores, Inc.

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Certain of The Michaels Companies, Inc stockholders intend to offer for sale 11 million shares of the Company’s common stock

IRVING, Texas, 2016-Jul-16 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) (the “Company”) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale 11 million shares of the Company’s common stock pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”), of which the Company intends to purchase from the underwriter 1 million shares of such common stock.  In conjunction with this offering, the Company announced that it anticipates that its results for the second quarter of fiscal 2016 will be in the lower-to-middle range of the previously disclosed guidance.

The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

The Company’s per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders.

Morgan Stanley will act as underwriter for the offering.

A registration statement relating to these shares was filed with the SEC on July 9, 2015 and became effective upon filing. The offering of these shares will be made only by means of a prospectus. Before you invest, you should read the prospectus, the registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC – Attn: Prospectus Department – 180 Varick Street, 2nd Floor – New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About The Michaels Companies, Inc.:

The Michaels Companies, Inc. is North America’s largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. As of April 30, 2016, the Company owned and operated 1,352 stores in 49 states and Canada under the brands Michaels, Aaron Brothers, and Pat Catan’s.  The Michaels Companies, Inc. also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the gift and decor industry.  The Michaels Companies, Inc. produces a number of exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland®, Celebrate It®, ArtMinds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Make Market®, Foamies®, LockerLookz®, and Sticky Sticks®.

Forward-Looking Statements:

Certain information contained in this news release, particularly information regarding the completion of the offering and the repurchase by the Company, constitute forward-looking statements. The words “anticipate”, “assume”, “believe”, “continue”, “could”, “estimate”, “expect”, “forecast”, “future”, “guidance”, “imply”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “project”, and similar terms and phrases are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company cannot assure investors that future developments affecting the Company will be those that it has anticipated. Actual results may differ materially from these expectations due to risks relating to the effect of economic uncertainty, market conditions and other risks and uncertainties identified under the heading “Risk Factors” included in the prospectus, the Company’s Form 10-K filed with the SEC on March 17, 2016, which is available at www.sec.gov, and other filings that the Company may make with the SEC in the future. If one or more of these risks or uncertainties materialize, or if any of the Company’s assumptions prove incorrect, the Company’s actual results may vary in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this news release speaks only as of the date on which the Company makes it. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company does not undertake and specifically disclaims any obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Investor Contact:

Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com

ICR, Inc.
Farah Soi
203.682.8200
Farah.Soi@icrinc.com

Anne Rakunas
Anne.Rakunas@icrinc.com

Financial Media Contact:

ICR, Inc.
Michael Fox
203.682.8200
Michaels@icrinc.com

Jessica Liddell
203.682.8208

Source: Michaels Stores, Inc.

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SUPERVALU to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize

MINNEAPOLIS, 2016-Jul-15 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has entered into a definitive agreement to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize. The 22 Food Lion stores are located in northern West Virginia, western Maryland, south central Pennsylvania and northwestern Virginia. The acquired stores will be converted to SUPERVALU’s Shop ‘N Save format and at least initially be operated by SUPERVALU. SUPERVALU is in discussions with certain of its wholesale customers and the Federal Trade Commission (FTC) on ways for its wholesale customers to have an interest in these stores going forward.

SUPERVALU supplies and supports nearly 100 independently-operated Shop ‘N Save stores located primarily in western Pennsylvania and West Virginia. These independently-operated stores are a key component of SUPERVALU’s wholesale business and the network of stores and owners is among the strongest in SUPERVALU’s wholesale business. The 22 acquired stores are expected to benefit from both the scale of the format and similar merchandising and marketing strategies. These stores are not part of SUPERVALU’s corporately-owned Shop ‘n Save retail banner comprised of 44 stores in the St. Louis, Missouri area.

“I’m pleased that SUPERVALU will acquire these stores, which should provide excellent opportunities for our wholesale customers, who were unable to buy them outright,” said SUPERVALU President and CEO Mark Gross. “The stores will operate under our Shop ‘N Save format, which we believe is a great format for us and our wholesale customers. This acquisition is another example of the work we’re doing to grow our business and to deliver creative solutions for our wholesale customers.”

The stores being acquired are conventional supermarkets that are approximately 35,000 square feet in size. As Shop ‘N Save stores, the plan will be to deliver a full-variety meat department, full-service delis and bakeries and an expanded produce department. Additionally, these 22 stores also will receive comprehensive marketing, advertising, and promotional support, including implementation of the Shop ‘N Save loyalty card program, and interactive website and mobile app. The 22 stores currently employ more than 1,200 full and part-time associates and, as part of the acquisition, SUPERVALU anticipates offering employment to substantially all interested employees.

The acquisition of the 22 stores is subject to customary closing conditions, including approval by the FTC, and is expected to be completed in a staggered closing process over the next 105 days.

A complete list of stores and locations follows below.

Food Lion Stores Being Acquired by SUPERVALU

Store Address City ST Zip
761 East Wilson Boulevard Hagerstown MD 21740
22401 Jefferson Boulevard Smithburg MD 21783
18717 North Pointe Drive Hagerstown MD 21742
17718 Virginia Avenue Hagerstown MD 21740
18360 College Road Hagerstown MD 21740
4170 Philadelphia Avenue Chambersburg PA 17202
875 Lincoln Way West Chambersburg PA 17202
500 North Antrim Way Greencastle PA 17225
11105 Buchanan Trail Waynesboro PA 17268
707 Fort Collier Road Winchester VA 22601
2600 Valley Avenue Winchester VA 22601
249 Sunnyside Plaza Circle Winchester VA 22603
609 K East Main Street Purcellville VA 20132
260 Remount Road Front Royal VA 22630
409 North McNeil Road Berryville VA 22611
190 Delco Plaza Winchester VA 22602
380 Fairfax Pike Stephens City VA 22655
159 Grocery Avenue Winchester VA 22602
147 Roaring Lion Drive Hedgesville WV 25427
1140 Winchester Avenue Martinsburg WV 25401
50 Coast Guard Drive Kearneysville WV 25430
1317 Old Courthouse Square Martinsburg WV 25401

About SUPERVALU INC.
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $18 billion. SUPERVALU serves customers across the United States through a network of 3,588 stores composed of 1,796 independent stores serviced primarily by the Company’s food distribution business; 1,360 Save-A-Lot stores, of which 897 are operated by licensee owners; and 200 traditional retail grocery stores (store counts as of February 27, 2016). Headquartered in Minnesota, SUPERVALU has approximately 40,000 employees.

For more information about SUPERVALU visit www.supervalu.com.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

Except for the historical and factual information contained herein, the matters set forth in this news release, particularly those pertaining to SUPERVALU’s expectations, guidance, or future operating results, and other statements identified by words such as “estimates,” “anticipates,” “expects,” “projects,” “plans,” “intends,” “will” and similar expressions are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including uncertainties as to the timing of the acquisition and satisfaction of the closing conditions, including approval by the FTC, SUPERVALU’s ability to integrate the Food Lion stores into the Shop ‘N Save format and ability to reach agreement on ways for its wholesale customers to have an interest in these new stores, and the resulting business impacts of these new stores. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, SUPERVALU undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

For Investors:
Steve Bloomquist
952-828-4144
Steve.j.bloomquist@supervalu.com

For Media:
Jeff Swanson
952-903-1645
Jeffrey.s.swanson@supervalu.com

Source: SUPERVALU INC.

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Nut free celebration cakes supplier The Just Love Food Company lands contract with the Co-op

MANCHESTER, England, 2016-Jul-15 — /EPR Retail News/ — A contract win with the Co-op is the icing on the cake for a Gwent-based cake maker supplying nut free celebration cakes.

Located in Blackwood, near Newport, The Just Love Food Company, is to supply over 80 Co-op food stores with tray bakes and celebration cakes after taking a “slice” of the Co-op contracts being offered as the community retailer works continues to introduce increasing ranges of locally sourced Welsh products in its food stores.

The Just Love Food Company first started selling cakes in 2010 after its founders, Mike and Karen Woods, discovered that two of their three children had nut allergies.

The contract win with the Co-op has contributed to the cake maker’s continued growth which has seen it increase its workforce by more than 10 percent in recent months to 55 employees.

Mike Woods, said: “When it came to birthdays and celebrations we always struggled as a family to find cakes on the market for children with nut allergies, and so we set up The Just Love Food Company to overcome this.

“Our work with the Co-op has opened up new and important markets, and initial sales have been far higher than forecast. We are working closely with the Co-op to satisfy the increasing demand that is being seen for locally produced, high quality produce. It’s a collaborative approach and we are pleased to see that our success together will deliver thousands of portions of our cakes into Welsh communities”

Danika Woods, 19, whose nut allergy – along with Rourke, now 16 – provided the inspiration behind the brand, now works for The Just Love Food Company, and said: “Having a nut allergy provides a very personal perspective which is baked into the cakes we design and make. It is easy for me to put myself into the shoes of consumers and it is why The Just Love Food Company goes to the lengths that it does to offer our nut free promise and reassurances for families.”

Matthew Speight, Managing Director for The Co-op in Wales, said: “The Co-op is committed to offering more locally sourced Welsh produce. The Just Love Food Company is a great example of endeavor and inspiration overcoming a challenging situation – we are delighted that by working closely together we can respond to changing consumer tastes and demand by offering these great locally produced Welsh products conveniently.”

Welsh businesses to win recent contracts with the Co-op include Franks Ice Cream, Penderyn Whiskey, condiment maker Krunchie Foods, Village Dairy and Edwards of Conwy.

Karen Woods of the Just Love Food Company will answer questions about their products or share her experiences of dealing with children with nut allergies with members of the community, people who would like to get in touch can do so by visiting www.justlovefoodcompany.com

Further Information:

Andrew Torr
The Co-op Press Office
Tel: 07702 505 551
Email: Andrew.torr@co-operative.coop

Source: Coop

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Co-op sells 298 smaller stores to McColl’s Retail Group plc (McColl’s) for £117m

MANCHESTER, England, 2016-Jul-15 — /EPR Retail News/ — The Co-op Group has today agreed the sale of 298 of its smaller Food stores as part of its strategy of refocusing its store estate on a convenience, own-brand led shopping experience.

The sale of the stores, which are 1,700 sq ft on average to McColl’s Retail Group plc (McColl’s) for £117m, is subject to approval from the CMA and McColl’s shareholders. All stores will continue to trade immediately after handover (expected from November 2016) and all colleagues will TUPE transfer to McColl’s.

Co-op Food has a clearly defined food strategy, focused on delivering a compelling and convenient shopping experience to millions of customers and members every day. The strategy, which saw the Co-op deliver like-for-like sales growth in its convenience estate of 4% in the year to April, will be further strengthened from this autumn when the Co-op’s new member offer goes live, rewarding Co-op members for the own-brand trade.

The sale proceeds will be re-invested to further deliver the Co-op’s strategy, which over the past 12 months has seen the Co-op become the most frequently visited food retailer in the UK. In the last two years The Co-op has opened close to 200 new stores and in 2016 is actively pursuing 100 new store acquisitions.

Steve Murrells, CEO of Co-op Food, said:
“The Co-op Food business continues to move forward with a clear momentum and purpose to deliver a compelling and convenient shopping experience for our millions of customers and members. “Today’s announcement is completely in line with our strategy, as these stores did not allow us to provide a sufficiently compelling own-brand offer for our members going forwards. The proceeds will be re-invested to drive sustainable growth for our members and I’m delighted that all 3,808 colleagues will transfer to McColl’s on the same terms and conditions.”

List of Co-op stores to be sold to McColl’s Retail Group plc (PDF)

Note to editors

About The Co-op Group:
The Co-op Group, one of the world’s largest consumer co-operatives, with interests across food, funerals, insurance, electrical and legal services, has a clear purpose of championing a better way of doing business for you and your communities. Owned by millions of UK consumers, The Co-operative Group operates a total of 3,750 outlets, with more than 70,000 colleagues and an annual turnover of approximately £10 billion.

New Membership benefits
A percentage (currently 5%) of the amount a member spends on Co-op own brand products and services will be credited to the member’s account and can be used as a discount against products and/or services when they trade with us in the future; and a percentage (currently 1%) of the amount a member spends on Co-op own brand products and services will be awarded to the member’s account for them to donate to a good cause of their choosing from a selection being supported by Co-op.

*Colleagues within a Co-op community will initially select three local charities for members to support with their 1% community benefit for a period of six months. After this Co-op members will be able to put forward charities and causes from their communities which they believe will benefit the local community. This will result in thousands of local causes benefitting.

Media Enquiries:

The Co-operative Group:
Russ Brady
07880 784442

Craig Brownsell
07843 648467

Tulchan Communications:
Susanna Voyle
07980 894 557

Jonathan Sibun
07779 999 683

Source: Coop

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Gordy’s to host its 12th Annual Feed My People Live Charity Auction on August 5, 2016

Eau Claire, WI, 2016-Jul-15 — /EPR Retail News/ — Gordy’s 12th Annual Feed My People Live Charity Auction is scheduled for August 5, 2016. With over 1000 Live Auction Items, a Special Guest Appearance by Former Packers: Gilbert Brown and Tyrone Williams, plus our Gordy’s “Meat Guy” finishing a 100 mile ultra marathon to raise money for the Food Bank, this is a great way to get involved in a local community event and give back. See you on Friday!

What: 12th Annual Feed My People Live Charity Auction
When: Friday,August 5, 2016
Time: 9am Registration, 10am Auction Begins
Where: Gordy’s Market, 3310 E. Hamilton Ave, Eau Claire, WI
Why: All Proceeds Benefit the Feed My People Food Bank

Feed My People Live Auction Facts:
– The Feed My People Auction has helped raise almost $425,000 in the last 11 years for the Food Bank
– With every $1, Feed My People is able to provide $10 worth of food
– With every $1, Feed My People is able to provide 6 lbs. of food

Donate to Mike, Gordy’s “Meat Guy,” who is running 100 miles starting Thursday, August 4 at Gordy’s Market Rice Lake and ending at the Feed My People Live Auction at Gordy’s Market Hamilton on Friday, August 5 to raise awareness of the Feed My People Food Bank’s work and auction. All proceeds will be donated directly to the food bank!

You can donate here: http://ow.ly/9bo0302dw7p

Stay Tuned for a List of Auction Items to Start Planning Your Bids

Want to donate to this community event? Send us an email at katyp@gordysinc.com. Items have ranged from electronics, furniture, appliances, cash donations and more.

A HUGE Thank You to All Who Donated to the Live Auction!

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Gordy’s to host its 12th Annual Feed My People Live Charity Auction on August 5, 2016
Gordy’s to host its 12th Annual Feed My People Live Charity Auction on August 5, 2016

 

Source: Gordy’s

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British Land to sell seven storey building at 334-348 Oxford Street, London to a private investor for £400 million

LONDON, 2016-Jul-08 — /EPR Retail News/ — British Land announces that it has exchanged contracts for the sale of 334-348 Oxford Street, London to a private investor for £400 million.

The asset is a seven storey building located near Bond Street Underground Station in London’s core West End shopping district. The building is let in its entirety to Debenhams until 2039.

In addition, British Land has exchanged on £99 million of further Retail disposals since 31 March 2016, including £79 million of superstores, 3.1% ahead of March valuations. These transactions bring total Retail disposals since the year end to £499 million.

Since the EU Referendum, British Land has exchanged 11 long term Retail leases totalling 50,000 sq ft and £2.1 million of rent on terms agreed prior to the Referendum. The leases are spread across our Regional and Local portfolios to a range of occupiers including Yo! Sushi, Nando’s, River Island, Pret A Manger, Byron and Waterstones. In aggregate these lettings are 4.7% ahead of March 2016 ERVs. A further 210,000 sq ft of Retail lettings are under offer

Chris Grigg, Chief Executive said:
“The disposal of Debenhams on Oxford Street reflects our strategic focus on multi-let assets within the Retail portfolio. British Land has entered this period of post-referendum uncertainty in a robust position. We have a strong, resilient business with a clear strategy. We have a modern portfolio which is well suited to current and future customer needs. The portfolio is 99% occupied with a wide range of quality occupiers on long leases. Our finances are strong with an LTV of 29.7%, proforma for exchanged disposals, and the group has no refinancing requirement for over four years. Our speculative development commitments are low at 4% of the portfolio and we have considerable flexibility in our development pipeline.”

British Land will announce its Q1 trading update on the 18 July 2016.

This release contains certain “forward-looking” statements reflecting, among other things, current views on our markets, activities and prospects. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that may or may not occur and which may be beyond British Land’s ability to control or predict (such as changing political, economic or market circumstances).  Actual outcomes and results may differ materially from any outcomes or results expressed or implied by such forward-looking statements.  Any forward-looking statements made by or on behalf of British Land speak only as of the date they are made and no representation or warranty is given in relation to them, including as to their completeness or accuracy or the basis on which they were prepared.  Except to the extent required by law, British Land does not undertake to update or revise forward-looking statements to reflect any changes in British Land’s expectations with regard thereto or any changes in information, events, conditions or circumstances on which any such statement is based.Forward-Looking Statements

Notes to Editors:

About British Land – all figures as at last valuation date of 31 March 2016
We are one of Europe’s largest publicly listed real estate companies. We own, manage, develop and finance a portfolio of high quality commercial property, focused on retail locations around the UK and London offices. We have total assets in the UK, owned or managed, of £20.0 billion (of which British Land share is £14.6 billion) as valued at 31 March 2016. Our properties are home to over 1,200 different organisations ranging from international brands to local start-ups. Our objective is to deliver long term and sustainable total returns to our shareholders and we do this by focusing on Places People Prefer. People have a choice where they work, shop and live and we aim to create outstanding places which make a positive difference to people’s everyday lives. Our customer orientation enables us to develop a deep understanding of the people who use our places. We employ a lean team of experts, who have the skills to translate this understanding into creating the right places, and we have an efficient capital structure which is able to finance these places effectively.

Retail assets account for 50% of our portfolio. As the UK’s largest listed owner and manager of retail space, our portfolio is well matched to the different ways people shop today. We are focused on being the destination of choice for retailers and their customers by being the best provider of spaces and services. Comprising over 20 million sq ft of retail space across multi-lets, superstores, department stores and leisure assets, the retail portfolio is modern, flexible and adaptable to a wide range of formats.

Our Office and Residential portfolio, which accounts for 48% of our portfolio, is focused on London.  We have an attractive mix of high quality buildings in well managed environments and a pipeline of development projects which will add significantly to our portfolio. Increasingly, our Offices are in mixed-use environments which include retail and residential elements. Our 7.5 million sq ft of high quality office space includes Regent’s Place and Paddington Central in the West End and Broadgate, the premier City office campus (50% share).

The remaining 2% of our portfolio is at Canada Water where we have a 46 acre redevelopment opportunity in our medium term pipeline.

Our industry-leading sustainability strategy is a powerful tool to deliver lasting value for all our stakeholders. By supporting communities, improving environments and growing economies, we create Places People Prefer and enhance long term returns.

In April 2016 British Land received the 2016 Queen’s Award for Enterprise: Sustainable Development as part of Her Majesty The Queen’s 90th birthday honours. The Award is the UK’s highest accolade for business success and is given to companies which bring major economic, social and environmental benefits through their own business success.  It was awarded to British Land for continuous achievement in all these areas over the last five years.

For Information Contact
Investor Relations
Jonathan Rae, British Land 020 7467 2938
Media
Pip Wood, British Land 020 7467 2838
Gordon Simpson, Finsbury 020 7251 3801
Guy Lamming, Finsbury

Source: British Land

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LCP to manage Erith Riverside Shopping Centre following its acquisition by Evolve Estates Ltd

London, 2016-Jul-07 — /EPR Retail News/ — Erith Riverside Shopping Center becomes part of Evolve Estates Ltd’s growing UK investment portfolio that now stands at over £190m in value and includes over 60 properties.

Evolve Estates have purchased the long leasehold on the shopping center, the freehold of which is owned by the London Borough of Bexley.

The purchase comes just months after the London Borough of Bexley was successful in securing regeneration funding from the Greater London Authority for a number of projects to improve Erith town centre.

Sebastian Macdonald-Hall, Director of Evolve Estates says “We are excited for this opportunity to work with the local council as part of the regeneration of Erith town centre.  We are keen to make improvements to the tenant mix and want to actively manage the asset to improve the town center, which will benefit the local community and our business.”

Julian Diamond, LCP asset manager, said: “We have a close working relationship with Evolve Estates, and our wealth of experience in the retail property sector means we can manage Erith Riverside Center proactively to deliver benefits for the local community, the tenants, and for Evolve Estates.”

Gill Steward, Bexley’s Chief Executive, says “We are excited about Erith’s potential and the purchase of the shopping centre by Evolve is a positive step. We hope to work with them in the coming months and years as the regeneration program for the town gets into full swing.”

Ben Tyack, Director at Savills, who advised Evolve Estates on the Erith acquisition, says: “We were delighted to secure this asset on behalf of Evolve Estates in what was a competitive bidding process. There are still areas in London and the south-east with good growth potential into the medium term, this being a prime example.”

Media Enquiries:

If you have any media enquiries please email kyates@lcpproperties.co.uk

Source: London & Cambridge Properties

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Advance Auto Parts and Barrett-Jackson announce partnership

Professional football player Greg Olsen headlines Advance Auto Parts’ Rev it Up! RV Tour

ROANOKE, Va., 2016-Jun-28 — /EPR Retail News/ — Advance Auto Parts, a leading automotive aftermarket parts provider in North America serving both professional installer and do-it-yourself customers, has partnered with Barrett-Jackson, the World’s Greatest Car Collector Car Auction® in celebration of the pride and joy that comes with completing each car project. The three-year partnership launches at the inaugural 2016 Northeast Auction at Mohegan Sun in Uncasville, Conn., taking place June 23-25.

“We’re very excited to bring the Barrett-Jackson experience to the Northeast,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Barrett-Jackson isn’t just an auction, but a true automotive lifestyle event where enthusiasts from around the globe come together to connect through the automobile. It’s our consignors, bidders and partners like Advance Auto Parts that help create that incredible atmosphere and we can’t wait to bring it to Mohegan Sun.”

The event will include elements from Barrett-Jackson’s original Scottsdale auction, including the Opening Night Gala, Ride ’N Drives and Thrill Rides with Chevrolet, Ford and Dodge, as well as a vast marketplace of vendors and exhibitors and enthusiasts. Greg Olsen, NFL tight end for the Carolina Panthers, is auctioning his 1969 Chevrolet Camaro Convertible to benefit his charity, Receptions for Research: The Greg Olsen Foundation.

Inaugural auction attendees in Connecticut are invited to visit the Advance Auto Parts Rev it Up! Tour RV to meet Greg Olsen before he auctions his car on opening day, Thursday, June 23. He will be meeting with fans, posing for photos and talking cars from 1 to 2 p.m. Barrett- Jackson attendees can also sign up for Speed Perks, take and share photos with Tuxlee, the tour mascot, win prizes, receive free gifts and play the exclusive Rev it Up! digital game to win Advance Auto Parts gift cards.

“Advance Auto Parts and Barrett-Jackson understand what it means to have a passion for collector cars, from the deep appreciation for craftsmanship and dedication that goes into each project to the significant investment in new parts.” said Pete Zeiner, Advance’s Marketing Director. “At Advance we want to do everything we can to help fuel that passion by offering our do-it-yourself customers savings and benefits through our Speed Perks loyalty program. We can also provide referrals to trusted repair shops using our large national network of auto repair professional who are ready to help car enthusiasts.”

Barrett-Jackson and Advance Auto Parts hold a three-year-long partnership, including the Northeast Auction and the annual Palm Beach Auction. Leading up to Barrett-Jackson’s auction at Mohegan Sun, the Rev it Up! RV can be tracked through its site, http://bit.ly/AAPRevItUpTour, with the Rev It Up! tour team engaged throughout the auction and event by using the hashtag #AAPRevItUp.

Car lovers everywhere can follow Advance Auto Parts and get tour news at facebook.com/advanceautoparts, twitter.com/AdvanceAuto, Instagram.com/advanceautoparts, or Instagram.com/tuxleeontour.

About Advance Auto Parts
Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America, serves both professional installer and do-it-yourself customers. As of April 23, 2016 Advance operated 5,086 stores and 125 Worldpac branches and serves approximately 1,300 independently owned Carquest branded stores in the United States, Puerto Rico, the U.S. Virgin Islands and Canada. Advance employs approximately 74,000 Team Members.

Additional information about the Company, employment opportunities, customer services, and on-line shopping for parts, accessories and other offerings can be found on the Company’s website at www.AdvanceAutoParts.com.

About The Barrett-Jackson Auction Company:
Established in 1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The World’s Greatest Collector Car Auctions®, is the leader in collector car auctions and automotive lifestyle events. The company produces auctions in Scottsdale, Arizona; Palm Beach, Florida; at Mohegan Sun in Connecticut, and Las Vegas, Nevada. With broadcast partners Velocity and Discovery Channel, Barrett-Jackson will feature live television coverage in 2016, including broadcasts in over 100 countries internationally. Barrett-Jackson also endorses a one-of-a-kind collector car insurance for collector vehicles and other valued belongings. For more information about Barrett-Jackson, visit http://www.barrett-jackson.com or call 480- 421-6694.

Media Contact:

Advance Auto Parts, Inc.
Attn: Media Relations Department
2635 East Millbrook Road
Raleigh, NC 27604
Tel: 919.573.2608

Source: Advance Auto Parts, Inc.

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RioCan Real Estate Investment Trust announces distribution for outstanding preferred trust units

TORONTO, ONTARIO, 2016-Jun-21 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.PR.C) today announced the following distribution for RioCan’s outstanding preferred trust units:

  • $0.29375 per preferred unit, Series C (the “Series C Units”) for the quarter ending June 30, 2016. The distribution will be payable on June 30, 2016 to unit holders of the Series C Units of record as at June 30, 2016.

About RioCan

RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $16 billion as at March 31, 2016. RioCan owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 303 Canadian retail and mixed use properties, including 16 properties under development, containing an aggregate net leasable area of 46 million square feet.

For further information, please refer to RioCan’s website at www.riocan.com.

Contact Information:
RioCan Real Estate Investment Trust
Christian Green
Director, Investor Relations & Compliance
416-864-6483
www.riocan.com

Source: RioCan

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ICA Gruppen to sell InkClub for SEK 322 million

Solna, Sweden, 2016-Jun-21 — /EPR Retail News/ — ICA announced March 17 that a review of the ownership of InkClub would be initiated. Thereafter began a sale process that has now been completed. The buyer is InkClub’s founder, Lennart Nyberg. The purchase price is SEK 322 million for the shares in the company, which after transaction costs will entail an estimated capital loss for ICA Gruppen of SEK 30 million. The sale is expected to be completed during the month of June.

“Since the business has limited synergies with our core business, after conducting a review of our ownership we have decided to sell InkClub,” comments Liv Forhaug, Chief Strategy Officer, ICA Gruppen. “Our plan for the portfolio companies and the streamlining of ICA Gruppen’s holdings has thereby been fully carried out.”

InkClub is one of Sweden’s oldest e-commerce companies and has been owned by ICA Gruppen since 2007. Today the company conducts business in 10 countries and has a wide offering of consumables. In 2015 InkClub had sales of approximately SEK 500 million and an operating profit of SEK 17.5 million.

ABG Sundal Collier has served as financial adviser, and the law firm Lindahl has served as legal adviser to ICA Gruppen in connection with the transaction.

For more information
ICA Gruppen press service, Tel.: +46 10 422 52 52

ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.30 CET on Monday 20, June 2016.

Source: ICA Gruppen 

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Special “Wine & Dine” charity auction with celebrity chef Michael Voltaggio, May 26 – June 2, 2016

Chef Voltaggio’s Auction to Benefit Share Our Strength’s No Kid Hungry

San Jose, California, 2016-Jun-02 — /EPR Retail News/ — eBay for Charity, one of the largest platforms that helps millions of eBay users raise funds and support the causes they care about – has partnered with celebrity chef Michael Voltaggio for a special “Wine & Dine” charity auction with 100% of proceeds going to charity.

The charity auction is a part of eBay’s ongoing celebration for its recently launched eBay Wine category. The online destination allows wine-enthusiasts and experts to browse, purchase and ship collectible, rare and everyday wines to 45 states across the United States.

Chef Voltaggio’s “Wine & Dine” experience will benefit Share Our Strength’s No Kid Hungry campaign, dedicated to ending child hunger in America by ensuring they get the healthy food they need every day. The auction will run from Thursday, May 26 at 8 am PT and close on Thursday, June 2 at 8 am PT. To bid, visit www.eBay.com/Dine.

The once-in-a-lifetime eBay for Charity auction includes:

  • Working closely with Chef Voltaggio to create and name a sandwich that will be added to the menu for one month at both locations of Sack Sandwiches in Los Angeles.
  • One dollar from every sandwich sold will be donated by Sack Sandwiches to Share Our Strength’s No Kid Hungry campaign.
  • Dinner for four at Voltaggio’s renowned restaurant ink. in Los Angeles.
  • Personalized and autographed cookbook for the winner.
  • Two three-day VIP tickets to the 2017 BottleRock Napa Valley music, food, wine and brew festival in historic downtown Napa, California.

“I’m thrilled to be raising money for Share Our Strength’s No Kid Hungry campaign through eBay for Charity’s ‘Wine & Dine’ auction,” said Michael Voltaggio. “I’m looking forward to collaborating with the winning bidder on a limited edition sandwich which will be sold at Sack Sandwiches. eBay is a perfect partner and platform to raise awareness and help end childhood hunger in America.”

“Since the launch of eBay Wine, we’ve continued to see interest in our inventory and the unique eBay for Charity auctions that help our shoppers connect to the causes – and celebrities – they care about,” said Dan Tarman, SVP, Chief Communications Officer at eBay. “With Chef Voltaggio, we’re excited to not only toast and celebrate eBay Wine, but help him connect with his fan base through a unique eBay for Charity auction.”

To celebrate the launch of eBay Wine, eBay and Voltaggio will host a VIP Happy Hour at BottleRock Napa Valley – the famed three-day music, food, wine and brew festival in Napa Valley, California – on May 27. Chef Voltaggio will be cooking a few dishes that will be paired with a premium or limited-edition wine found on eBay, including wine from Blackbird Vineyards, Chappellet, Cliff Lede Vineyards, Stags Leap District, Etude Wines, Hall Wines, and Schramsberg Vineyards.

This auction follows eBay for Charity’s successful ‘Wine & Dine” charity auctions with famed chefs Marcus Samuelsson and Richard Blais that raised funds for Save the Children and Citymeals on Wheels.

eBay

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Special “Wine & Dine” charity auction with celebrity chef Michael Voltaggio, May 26 - June 2, 2016

Special “Wine & Dine” charity auction with celebrity chef Michael Voltaggio, May 26 – June 2, 2016

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H&M dressed celebrity guests at the Metropolitan Museum of Art Costume Institute Benefit

STOCKHOLM, Sweden, 2016-May-04 — /EPR Retail News/ — For the second year running H&M had the privilege of dressing celebrity guests at the Metropolitan Museum of Art Costume Institute Benefit. Taking the theme of this year’s exhibition “Manus x Machina: Fashion in an Age of Technology” as inspiration, the design team at H&M used hand-crafted traditions and cutting-edge techniques and materials to create each of the individual looks. As well as appearing on the red carpet and previewing the exhibition, the guests joined H&M at its table for the benefit gala itself.

“We savor every moment in creating these looks for the Costume Institute Benefit gala. Fashion is our greatest love at H&M, and it’s deeply inspiring to make outfits for such amazing guests using the most exquisite techniques and detailing,” says Pernilla Wohlfahrt, Design and Creative Director at H&M.

“I have been a huge fan of H&M for a long time and I am delighted to have been invited and also had the opportunity to create a unique gown with the team. It has truly been a special experience all the way around,” says singer Ciara.

“It’s been an amazing experience to collaborate with H&M to create a one of a kind dress. The stunning four foot train makes me feel so glamorous,” says singer and actress Jennifer Hudson.

“As a personal fan of H&M’s contributions to the fashion industry, I was especially proud to collaborate on a design that marries our tastes and highlights the theme of this year’s Met Gala. It’s been a wonderful partnership,” says actress and singer Hailee Steinfeld.

“I feel so lucky to have worked with H&M for my very first Met Gala! My dress is the perfect example of this year’s Met Gala theme, mixing intricate details and new innovative technologies but also keeping an iconic shape,” says model Pyper America Smith.

The exhibition “Manus x Machina” celebrates both the machine and man-made in fashion, looking at how the traditions have increasingly become blurred. The theme inspired the H&M design team to create looks that reflected the personality of each of its guests, using techniques such as laser-cutting, hand embroidery, feathering, stonework and crystal pleating.

Singer Ciara’s intricate and daring dress has been hand-made as if by a jeweller. Pendants of Swarovski crystals hang from a diamond grid of leaf-like metal chain, with a choker neck and sporty racer back.

Singer and actress Jennifer Hudson wore a white bodice silk dress that showed the beauty of hand-embellishment, with 3D bugle beads, French knots and hand-melted sequins. The dress is finished by a glamorous four-foot train.

Actress and singer Hailee Steinfeld wore an emerald green gown that had effortless clean-cut glamour; its corseted bodice had a grid made of navette sequins overlaid with silk organza, while the floor-length silk satin skirt had a high central split.

Model Lucky Blue Smith looked sharp in an off-white Italian wool slim tuxedo blazer with a strong shoulder worn over a white silk shirt, both fastened with Swarovski buttons. His leather trousers had a blue metallic coating.

Model Pyper America Smith’s iridescent dress brought together machine and man-made techniques, with laser-cut vinyl feathers and fringing all hand-sewn onto a silk tulle base with a sequin bodice.

Model Amber Valletta wore an elegant look in sustainable materials. The dress is made of deep blue silk taffeta, embellished with over 1,000 hand-cut and sewn organic silk petals and recycled plastic sequins. Laser-cut petals were heat-transferred with reflective vinyl. Her boyfriend Teddy Charles wore a black wool tuxedo with silk satin wide lapels and strong shoulders.

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H&M dressed celebrity guests at the Metropolitan Museum of Art Costume Institute Benefit

H&M dressed celebrity guests at the Metropolitan Museum of Art Costume Institute Benefit

 

GLOBAL MEDIA ENQUIRIES:
Only press enquiries
Phone: +46 8 796 53 00
Email: mediarelations@hm.com

All other enquiries
H&M switchboard +46 8 796 55 00
Email info@hm.com

Head of Communications:
Kristina Stenvinkel
+46 8 796 39 08

Head of Media Relations:
Camilla Emilsson Falk
+46 8 796 39 95

Source: H&M

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eBay for Charity will auction off one-of-a kind “Wine and Dine” experiences

Chefs Richard Blais and Marcus Samuelsson to auction culinary experiences; ONEHOPE and Michael Franti’s “Do It For The Love” Foundation to auction exclusive VIP BottleRock Napa Valley experiences. 100% of the proceeds will go to charity.

San Jose, California, 2016-May-03 — /EPR Retail News/ — Last week, eBay introduced eBay Wine, an online destination that allows wine-enthusiasts and experts to browse collectible, rare and everyday wines. In celebration of the launch, eBay for Charity – one of the largest platforms that helps millions of eBay users support the causes they care about – will be auctioning off one-of-a kind “Wine and Dine” experiences.

The “Wine & Dine” auctions run from 4 p.m. PDT on Monday, May 2 and close at 4 p.m. PDT on Monday, May 9. To bid, visit www.ebay.com/dine.

Celebrated culinary talent Richard Blais will be auctioning off a private dinner at his acclaimed San Diego restaurant, Juniper & Ivy and Marcus Samuelsson, on behalf of the Harlem EatUp! Festival, will offer interactive food and wine experiences in Harlem. Additionally, BottleRock Napa Valley – the famed three-day music, food, wine and brew festival – has teamed up with “Do It For The Love” foundation and ONEHOPE to auction off a variety of VIP festival packages.

“With last week’s announcement of eBay’s new wine destination, we’re excited to continue the celebration with these one-of-a-kind eBay for Charity auctions,” said Alyssa Steele, DMM of Home and Garden at eBay. “Through these auctions, we’re hoping to not only raise awareness for each of the benefitting charities; but also, enable our community to easily connect to the causes they care about and have the ability to bid on unique ‘Wine & Dine’ experiences.”

Auctions include:

  • Chef and Culinary Personality Richard Blais’ Culinary Experiences, benefitting Save the Children. The first auction is a private dinner for eight at Blais’ Juniper & Ivy, meet-and-greet with Blais and autographed cookbook. The second auction is a two hour intimate master class with Blais at Juniper & Ivy for eight guests.

“I’m honored to be able to participate in eBay for Charity’s Wine & Dine campaign to help raise money for Save the Children,” said Chef Richard Blais, “an organization that I will also be running the 2016 NYC Marathon with. I look forward to meeting the winning bidders so I can thank them personally for helping such a wonderful organization and maybe convince them to go on a run with me?”

  • Chef Marcus Samuelsson Culinary Experiences, benefitting Citymeals on Wheels. The first auction package will be a private dinner at Samuelsson’s Red Rooster Harlem, a meet-and-greet with the chef, wine and scotch tasting, autographed cookbooks, as well as four tickets to the Taste at The Stroll, the grand tasting event at the Harlem EatUp! Festival. The second auction includes a celebration for 16 guests which includes a walking tour of Samuelsson’s favorite VIP spots in Harlem, private gospel performance, dinner at the chef’s table at Samuelsson’s Red Rooster Harlem, wine pairing, autographed cookbooks and as well as four tickets to the Taste at The Stroll, the grand tasting event at the Harlem EatUp! Festival.

“Harlem is our home, and as such we celebrate this community and all of its treasures every day not only through our businesses but also the Harlem EatUp! Festival. I am happy to partner with eBay for Charity and offer my favorite Wine & Dine experiences,” says Chef Marcus Samuelsson. “To be able to spotlight Harlem and the Harlem EatUp! Festival which shines a light on the sights and tastes of Harlem. Please join me in Harlem with a private dinner at Red Rooster. The best part is all proceeds benefit Citymeals on Wheels, a charity beneficiary of the Harlem EatUp! Festival.”

  • Michael Franti’s “Do It For The Love” Foundation and VIP BottleRock Napa Valley Experience for Two, benefitting Do It For The Love Foundation. Winning bidder will receive two tickets to the foundation’s Benefit Dinner and Concert in Napa, California on May 26, meet-and-greet with Michael Franti, two three-day VIP tickets to the sold-out 2016 BottleRock Napa Valley music, food, wine and brew festival, May 27 – 29, backstage passes to watch Michael Franti’s performance at BottleRock on May 27 and a case of “Do It For The Love” wine produced by Ca’Momi.
  • ONEHOPE Wine Package plus Two 3-day VIP tickets to BottleRock Napa Valley Package, benefitting Why Hunger. Winning bidder will receive two three-day VIP tickets to the sold-out 2016 BottleRock Napa Valley music, food, wine and brew festival, May 27 – 29, in historic downtown Napa, California and a mixed case of ONEHOPE’S stunning, limited edition Glitter series including Gold Glitter Edition Brut Sparkling Wine, Pink Glitter Edition California Chardonnay, Silver Edition Brut Sparkling Wine and Edna Valley Pinot Noir Red Glitter Bottle.

eBay

  • United States: press@ebay.com
  • Canada: canada.press@ebay.com

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    eBay for Charity will auction off one-of-a kind “Wine and Dine” experiences

    eBay for Charity will auction off one-of-a kind “Wine and Dine” experiences

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    Leading Personal Property Evaluation Expert Allan Baitcher Provides Aon Insurance Wealth Managers the Tools for Success

    Atlanta, GA, 2014-4-28 — /EPR Retail News/ — The United States’ most recognized appraisal expert, Allan Baitcher, was recently the keynote speaker at an Aon Insurance corporate meeting. At the conference, Mr. Baitcher spoke to wealth management experts about a bank of portfolio strategies, including how wealth managers can provide assistance to clients with artwork or collectibles.

    Mr. Baitcher encouraged Aon Insurance’s wealth management experts to maintain current appraisals, as well as to keep their clients’ insured valuables as part of a photographic inventory. “Specifically, items having a value of over $5,000 should be individually appraised and updated on a regular basis,” Mr. Baitcher encouraged. Since market trends are on the rise for antiques, art, and collectibles, annual appraisals should be conducted, and regular updates to appraisals should also be performed.

    At the conference, Mr. Baitcher explained to wealth managers the importance of keeping their clients’ collectibles and valuable personal property in a wealth management portfolio rather than leaving those items as stagnant assets.

    About Allan Baitcher
    With over thirty years of experience as a professional appraiser, Allan Baitcher has gained national and global recognition as a valuable member of the appraisal field. In addition, Mr. Baitcher is one of the United States’ leading experts in personal property documentation and insurance.

    As a world leading auctioneer, Mr. Baitcher looks forward to hosting the Share Our Strength auction at the Georgia Aquarium on May 8, 2014. The annual event features culinary creations from nationwide chefs. Share Our Strength has raised millions of dollars globally in an effort to provide food for the needy and end childhood hunger. Mr. Baitcher has hosted this event for the past ten years, and is proud to contribute to the fight to end childhood hunger.

    Mr. Baitcher will also chair the live auction at the Lake Lanier Pirate Poker Run July 17-20, 2014. Truly an incredible event for an extremely worthy cause, proceeds from the poker run and live auction will benefit children in need. One of the preeminent poker runs in the South, the Lake Lanier Pirate Poker Run is attended by people from all over the United States.

    Contact Details: Allan Baitcher
    Phone: 404-869-7741
    Website: www.AntiqueAppraisals.net

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    New StuffAlert Website and Improved eBay Alert Service Launched by SonicZero Limited

    SonicZero London, England 31st May 2012 is pleased to announce the successful launch of its new upgraded website and improved email eBay alert service that helps increase the probability of buyers finding exactly what is being searched for on eBay.

    eBay buyers have been using StuffAlert to locate hard to find items on eBay since 2007. Now, as well as setting up alerts when no matching items are found, users can create email alerts where up to 25 items have been found. A complete record of all the items found matching users searches is automatically created and available to users on the website.

    With StuffAlert users can quickly and easily search eBay and set up email alerts for the items they are looking for. StuffAlert continues to search eBay all day everyday and automatically sends email eBay alerts notifying users of new listings with direct links to the item on eBay. Users can manage all their eBay searches and alerts in one place with no cap on how many alerts can be set up and with complete control over email alerts.Passwords are encrypted so only users know what searches they have set up.

    “The decision to upgrade the service was made in response to users requests and coincided with a decision to get eBay approval to increase the frequency of our automatic eBay searches. The result has been to deliver more frequent and consistent eBays alerts to our users who in turn are successfully completing more transactions” stated Rene Bachman, Managing Director of SonicZero.

    StuffAlert currently works on iPads and other similar tablet devices and should be accessible via smartphone later this year. It is available to eBay buyers using the US and UK eBay marketplaces. Plans are already underway for StuffAlert to be rolled out to other English speaking countries in the forthcoming weeks.

    eBay buyers whether newcomers and seasoned users interested in learning more about StuffAlert’s eBay alert service can visit the website (http://www.stuffalert.com) or for more information Contact Us.

    Via EPR Network
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    The Howard London Entire Contents to be sold at Auction

    Pro Auction of Bath announces an auction of the entire contents of The Howard Hotel, London’s world renowned five star establishment, and sister hotel to The Savoy, to be held on the 25th & 26th October 2011. The entire contents will go under the gavel over a two day auction and will encompass everything at the premises, from the 189 luxury bedroom contents to the designer inspired guest areas, including the bar, foyer areas, library and the fully fitted award winning restaurant. Day two will see the sale of the fully equipped kitchens, housekeeping administration areas on the 26th October 2011.

    The sale will be live from The Howard Hotel premises, and webcast over the internet via the Bidspotter platform. Viewing is available to the public on Monday 24th October and prior to the sale commencing each day at 10.30am on Tuesday and Wednesday.

    The event offers both the hospitality industry and design specifiers an unrivalled opportunity to purchase the contents of this first class hotel at a fraction of new replacement cost. The property, has recently had an extensive, high end designer led refurbishment over the last 12 months; which was completed within the last 3 months with many items and areas in first class order and not fully “worn in”.

    Items of note include the contents of the luxurious 189 hotel rooms and suites, the recently refurbished contemporary and sophisticated Mauve Lounge & Bar, Temple Place Restaurant and the Library Lounge, plus the well equipped conference facilities. The contents of lobbies, offices, modern fully equipped kitchens, together with crockery, cutlery, soft furnishings, boilers and generator, laundry equipment, housekeeping and back of house are to be included within the sale.

    In total, there are over 1,300 lots – constantly upgraded mostly within the last 12 months, to meet the requirements of a five star hotel of the Howard’s position – included within the sale. A new lounge & bar, library and associated facilities, only completed and opened within last 3 months are within the sale particulars.

    Further, the newly refurbished conferencing spaces installed within the last 6 months offers an opportunity to acquire “as new” condition equipment immediately available at the sale. With the inclusion of the modern gas boilers, generator and comprehensive maintenance plant & equipment, lighting and stores area lotted the sale is set to appeal to a wide audience of operators, developers and designers.

    Mark Flynn of Pro Auction comments: “The auction allows operators to trade up when aspiring to five star standards, the sale presents a rare opportunity to acquire quality assets quickly and cost effectively given such a large newly refurbished 5 star hotel, only becoming available because of site redevelopment. It is possible for bidders to buy the entire contents of the bedrooms with three types of accommodation schemes to attract a variety of buyers and scales of purchase, accommodating the quality of a classic 5 star while also tempting the cutting edge design led operators”.

    Along with the new modern and sophisticated designer bar and lounge areas, as well as the huge collection of designer fixtures and furnishings throughout, this sale would appeal to buyers in search of individual packages or within this rare opportunity, the chance to set up a new designer hotel at a fraction of the cost. This is one the biggest auction sales of an entire five star establishment and the event is expected to attract significant interest.

    The two day auction takes place at The Howard, London Temple Place, London WC2R 2PR via two rostrums commencing at 10:30am. The auction will also be available via a live webcast. The viewing takes place from 8.30am-4.30pm on 24th October 2011. Online bidding is possible through www.bidSpotter.co.uk Catalogues are available by calling (44) 01761 414000 or via a down from the auctioneers website.

    Via EPR Network
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    Norman Rockwell Original Oil on Canvas of Teddy Kollek at Auction

    Norman Rockwell Original Oil on Canvas of Teddy Kollek at Auction

    Teddy Kollek was an Israel Prize Winner (Israel’s highest honor) and original Mayor of Jerusalem. His image was captured beautifully in this 1964 Original Oil on Canvas by the great Norman Rockwell. This feature painting is being auctioned at Sotheby’s New York auction of American Paintings, Drawings & Sculptures. Estimate at $20-30,000.

    Information available at: http://www.sothebys.com/…

    Contact Details: http://www.sothebys.com/app/

    Via EPR Network
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