Newegg Seller Day to be held on June 15, London

Newegg to Host Day-long Event for European E-commerce Companies Interested in Selling Cross-border into North America and Beyond

Los Angeles, CA, 2017-May-29 — /EPR Retail News/ — Newegg, the leading tech-focused e-retailer in North America and a growing force in global e-commerce, today unveiled details of its forthcoming Newegg Seller Day (June 15 from 10 am until 6 pm at The Crystal, One Siemens Brothers Way, Royal Victoria Docks, London, E16 1GB). Newegg will welcome aspiring and seasoned e-commerce sellers to this day-long event to equip them with the knowledge and tools necessary to take their businesses to the North American market and beyond. The event coincides with London Tech Week, which is expected to draw 40,000 attendees from 70+ countries.

“London Tech Week gives us the perfect platform to reach a diverse cross-section of e-commerce sellers from around the world,” said Danny Lee, CEO of Newegg. “Newegg Seller Day is a great opportunity for these businesses to embrace the concept of selling to customers in other parts of the world, and Newegg is the ideal partner to help them cross borders and expand their customer base.”

Newegg’s online retail platform has helped thousands of sellers expand their businesses into North America and other key markets. Newegg Seller Day is a free networking event for e-commerce sellers to learn about current cross-border and exporting opportunities, as well as trends driving the global e-commerce market. More than 200 UK/EU retailers and other brands are expected to attend.

Newegg Seller Day will feature a panel discussion at 3:25 pm, Cross-border eCommerce Opportunities for UK Companies Looking to Maximize International Channels. Moderated by World First, the panel will feature e-commerce experts sharing their experience and perspectives on cross-border e-commerce, offering a multi-faceted view into one of the most dynamic aspects of global e-commerce.

Retailers interested in attending Newegg Seller Day can learn more and register by visiting http://www.newegg.com/newegg-seller-day. Like Newegg on Facebookand follow Newegg on Twitter to stay up to date on the company’s latest news.

About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (http://www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 28 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site’s online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. The Newegg Hybrid Centers are located in City of Industry, CA and Richmond Hill, Ontario.

Source: Newegg Inc.

RetailNext to be the in-store analytics solution provider for natural cosmetics beauty firm 100% PURE

SAN JOSE, Calif., 2017-May-26 — /EPR Retail News/ — Today (May 25, 2017), RetailNext Inc., the worldwide expert and market leader in IoT smart store retail analytics for optimizing shopper experiences, announced it has entered into a multi-year agreement to be the in-store analytics solution provider for 100% PURE, a natural cosmetics beauty firm providing healthy and pure lines of nourishing personal care products. The comprehensive RetailNext platform is being deployed at 100% PURE’s retail stores throughout the United States.

“The 100 PURE shopping experience is intended to deliver a fully immersive, personalized experience,” said Ric Kostick, chief executive officer at 100% PURE. “By integrating RetailNext’s SaaS platform, 100% PURE is able to better understand the core elements that make up customers’ shopping journeys, in turn allowing us to further create exceptional and memorable shopping environments and experiences. RetailNext is a high return on investment expenditure for our stores, and it gives us the data to better compete in an environment where data is king.”

Founded in a Napa, California farmhouse in 2005, 100% PURE is a natural cosmetics beauty firm focused on providing healthy skin care, color cosmetics, and bath and body products – all 100% cruelty-free and 100% free of artificial colors, artificial fragrances, synthetic chemical preservatives and all other toxins. 100% PURE currently owns and operates 12 stores in the United States and engages their strong online community at www.100percentpure.com.

100% PURE joins RetailNext’s rapidly growing global customer list of over 300 retail brands, and represents a growing segment of new, best-in-class retailers – including large online retailers, right-sized stores and small- and medium-sized enterprises (SMEs) – who have entered or expanded physical footprints in the brick-and-mortar channel of today’s omnichannel retail industry.

“RetailNext is pleased and proud to be selected by 100% PURE as its smart store solution provider as it enters the brick-and-mortar format,” said Alexei Agratchev, co-founder and chief executive officer of RetailNext. “Over the past several years, there has been an exponential growth in the deployment of IoT retail analytics platforms, with innovative and creative brands like 100% PURE recognizing the value associated with deep insights into today’s shoppers and their values, behaviors and preferences, and in turn developing extraordinary shopping experiences, both online and offline, as a means to showcase their brands.”

About RetailNext

The first retail vertical IoT platform to bring e-commerce style shopper analytics to brick-and-mortar stores, brands and malls, RetailNext is a pioneer in focusing entirely on optimizing the shopper experience. Through its centralized SaaS platform, RetailNext automatically collects and analyzes shopper behavior data, providing retailers with insight to improve the shopper experience real time.

More than 350 retailers in over 70 countries have adopted RetailNext’s analytics software and retail expertise to better understand the shopper journey in order to increase same-store sales, reduce theft and eliminate unnecessary costs. RetailNext is headquartered in San Jose, Calif. Learn more at www.retailnext.net.

Media Contacts:
Ray Hartjen
RetailNext, Inc.
(925) 895-5441
ray.hartjen@retailnext.net

Source: RetailNext, Inc.

GiftsbyMeeta.com Introduces Fresh Collection of Presents for the Kids on the Website

Delhi, India, 2017-May-24 — /EPR Retail News/ — Kids, the very special species on the planet enjoy most any festive occasion around our home and their grins, laughter, warm hugs or even their cute crying all are the major themes which have been incorporated while Launching overhauled category named Gifts for kids on GiftsbyMeeta’s website.

GiftsbyMeeta, gifting website that has years of expertise in offering relationship-centric presents, location-centric presents, the age group specific products has now launched the improved version of the Kids based gifting category on the website. The gifting firm in its latest development has added the hundreds of the products exclusive made for kids between 3 to 10 years, which can be explored for various occasion around a kid such as a housewarming, birthday, Christmas, New Year and so on. The gifting firm with pan India home delivery networks has categorized many of the precuts exclusively for a particular age group such as for kids, newborn babies, teens, youngsters, parents or grandparents and so on.

The Official spokes Person at GiftsbyMeeta in New Delhi, India briefed about the new development on the Gifts to Kids named category Page on the website: –

“The latest development in the send birthday gift online to kids named category which is accommodating numerous themes of the acts, plays and naughty acts of a kid that normally happens around us. The customized products with will printed with various designs, quotes, many of the cute teddies in the animal shapes and so on are major attract on the products from this category. Additionally, many of the thoughtful products which essentially help children to keep them engaged with as well as help them to exercise their brains. For instance, the cardboard games, finger puppet games,  puzzle cardboard, stationery products, designer globes and plenty more. ”

About The Company: –

A mega gifting store on the internet named GiftsbyMeeta was started in 2013 by the years of experienced fashion cum product designer Meeta Gutgutia, wife of Mr. Vikash Gutgutia, owner of India’ biggest floral and plant retails outlets chain in India, Ferns and Petals group. The gifting store with around 25 thousand event specific, location and relationship-specific gifts are leading gifting store in India with same day gifts delivery in More than 300 cities. The impeccable gifting store has classified the products into more than 150 categories on the website and with home delivery services in more than 150 countries. Thousands of the gifting products are made specifically for a particular event, places, and occasion as well as many of that age group or relationship categories. For instance, gifts for kids, gifts for men, gifts for women, for in-laws, father, mother, spouse, sisters, brothers and so on. The gigantic collection of customized and wooden home décor products are the special gifting verities presented on the online store.

Contact Information:
Gifts By Meeta
10MG Road, 1st floor, New Delhi
Opp. Metro Pillar No. 47,
Near to Sultanpur Metro Station, New Delhi
India Phone: +91-9555695556
Pin Code: 110030
Email:support@giftsbymeeta.com
Website: https://www.giftsbymeeta.com

BRP report: Retailers plan to use Innovative Technologies to Improve Customer Service

BRP report: Retailers plan to use Innovative Technologies to Improve Customer Service

 

According to the 2017 Customer Experience/Unified Commerce Survey, Savvy Retailers are Planning to use Innovative Technologies to Improve Customer Service

Boston, MA, 2017-May-23 — /EPR Retail News/ — According to a new report from BRP, 55% of retailers are focused on optimizing the customer experience to increase customer loyalty by improving the mobile shopping experience and creating a unified experience across all channels.

“The customer experience in a unified commerce world is much more complex than it is in a pure play e-commerce or brick-and-mortar retail environment and we are seeing retailers map out the entire customer journey to design the optimal customer experience,” said Perry Kramer, vice president and practice lead at BRP. “This complexity expands exponentially as the proliferation of social media, the Internet of Things, (IoT), artificial intelligence and machine learning influence the retail world and more specifically, the customer journey.”

Stores must now encompass both worlds – the sensory experience generally available in the physical world, such as touching and feeling merchandise and personally interacting with a knowledgeable associate – whether simply human or a combination of AI and human characteristics – married with the unique and personalized shopping experience common in the digital world. The physical and digital worlds are forever intertwined as we look to the future.

BRP conducted the 2017 Customer Experience/Unified Commerce Benchmark Survey to understand retailers’ customer experience priorities today and for the future, and how the evolution of unified commerce helps provide retailers with the right people, processes and technology to enable retailers to enhance the customer experience.

The key customer experience capabilities are:

Educate – One of the areas of greatest improvement is the offering of social media as a research option for customers to learn more about the brand and products. Overall utilization is up from 73% of retailers utilizing it last year to 92% this year, however, many retailers indicate that their current social media offerings need improvement.

Engage – Most retailers have plans to implement new technologies to identify customers via their smartphones, mobile applications and other emerging technologies. Within three years, 59% of retailers plan to use Wi-Fi and 63% plan to use mobile apps to identify customers in their stores.

Execute – 67% of retailers are offering a consistent product assortment across channels; however, many retailers are still struggling with manual processes as 43% indicate the processes need improvement.

Enhance – Retailers realize the importance of utilizing customer insights gathered from social media as 89% of retailers are now using social media comments as a critical customer satisfaction measurement, up from 59% last year.

Enablers – Enhanced networks are a critical requirement for a unified commerce environment and 76% of retailers plan to enhance or replace their network within the next three years.

To download the complete 2017 Customer Experience/Unified Commerce Benchmark Survey, visit: https://brpconsulting.com/2017-unified-commerce-survey/.

The 2017 Customer Experience/ Unified Commerce Benchmark Survey platinum sponsor is Aptos and the gold sponsors are Cayan, ECRS, Experian Data Quality, Fujitsu, Manhattan Associates, Mi9 Retail, NCR, Netsuite, PCMS, Radial, Tyco Retail Solutions.

About BRP

BRP is an innovative retail management consulting firm dedicated to providing superior service and enduring value to our clients. BRP combines its consultants’ deep retail business knowledge and cross-functional capabilities to deliver superior design and implementation of strategy, technology, and process solutions. The firm’s unique combination of industry focus, knowledge-based approach, and rapid, end-to-end solution deployment helps clients to achieve their business potential. BRP’s consulting services include:

Strategy | Business Intelligence | Business Process Optimization | Point of Sale (POS)
Mobile POS | Payment Security | E-Commerce | Store Systems and Operations | CRM
Unified Commerce | Customer Experience | Order Management | Networks
Merchandise Management | Supply Chain | Private Equity

For more information on BRP, visit http://www.brpconsulting.com.

Contact:

David Naumann
916-673-7757
mailto: dnaumann@brpconsulting.com

Source: BRP

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METRIC USE UNVEILS LATEST PRODUCT, DUAL-SIDED DISH DRYING MAT, ON AMAZON.COM

CULVER CITY, USA, 2017-May-22 — /EPR Retail News/ — This week, Metric USA, a full-service, family-owned and operated company that works around the clock to identify much-needed, innovative everyday products, has proudly unveiled the Original Dual-Sided Dish Drying Mat, their newest product creation. All their products embody functional, simplistic, and effective design, and the Drying Mat is no exception. It’s available now for all to peruse and purchase on Amazon.com.

Passionate about taking everyday household items and adding an element of convenience and ergonomic design to make them even more effective, Metric USA is constantly adding functionality to already essential home items.

“Dish drying mats are absolutely crucial for keeping kitchens clean and organized after meals,” said Rita Haft, Founder and Owner of Metric USA. “We’ve taken this essential product and made it a reversible, dual-sided kitchen staple that is incredibly absorbent and sleekly designed.”

The Metric USA mat comes in a value pack of two, with one brown and one red mat. They are used for drying dishes, cutleries and glasses after hand washing. Different from competitor’s products, the Metric dish drying mats absorb up to 4 times their weight in water, ensuring kitchen countertops and floors are kept permanently dry.

Each dish drying mat is made of an innovative metric 66 material with an embossed honeycomb design that adds elegance to the kitchen counter. This honeycomb design also helps absorb water quickly, drying the kitchenware faster than other types of kitchen mats.

Once the mats have been used multiple times, they can be either machine-washed or hand washed with a mild detergent in water. Each mat comes with straps at the edge so it can be easily hung for drying.

“There isn’t much we didn’t think of when completing this kitchen mat product,” said Rita Haft. “Spread the word on its release, and head on over to Amazon.com today to learn more about its properties.”

For more information, visit: https://www.amazon.com//dp/B071RN2KRX.

To check out Metric Products’ social media accounts, visit: https://shopmetricusa.com

Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCb1KcskM2BRi6zA8ltSjbQA

 

Alibaba, Ant Financial, and TDAP partner to support growth of SMEs in Pakistan through e-commerce

Alibaba, Ant Financial, and TDAP partner to support growth of SMEs in Pakistan through e-commerce

Hangzhou, China, 2017-May-19 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA), the world’s largest online and mobile commerce company, has announced the signing of a memorandum of understanding (MoU) with the Trade Development Authority of Pakistan (TDAP) during Prime Minister Nawaz Sharif’s visit to the Alibaba Headquarters in Hangzhou, China.

Alibaba Group’s Executive Chairman, Jack Ma and Prime Minister Nawaz Sharif witnessed the signing of the Memorandum of Understanding. Michael Evans, President of Alibaba Group, and Douglas Feagin, Senior Vice President of Global Business of Ant Financial, signed the Memorandum on behalf of Alibaba and Ant Financial, respectively.

Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif said: “I am honored to have had the opportunity to visit the Alibaba Headquarters in Hangzhou, China. Today by entering into this agreement with Alibaba and Ant Financial we further strengthen mutual cooperation and look to bring about a positive change for our small and medium enterprises. With the support of the Alibaba Group and Ant Financial we hope to elevate our local businesses to new heights and bring them into the realm of the e-commerce platform.”

Alibaba Group’s Executive Chairman, Jack Ma said: “With the globalization of e-commerce, developing countries are well-placed to support the growth of their small and medium enterprises and to seize opportunities which can help bolster their economies. E-commerce has been established for developing countries and for SMEs. Pakistan has seen significant progress in recent years and we look forward to working together with TDAP to further enhance the potential of their SMEs through the signing of this MoU.”

Under the terms of the MoU, Alibaba, Ant Financial, and TDAP agree to foster growth of worldwide exports of products by small and medium sized enterprises (SMEs) in Pakistan through e-commerce. Online and offline training programs for the SMEs will also be conducted by Alibaba in a bid to assist SMEs with on-boarding on to Alibaba’s platforms and optimizing exports through e-commerce.

TDAP will help identify suitable SMEs to participate in the training programs while Alibaba will be responsible for providing industry analysis to TDAP to assist them in their selection process.

In addition, Alibaba, Ant Financial and TDAP have agreed to promote the growth of financial services in Pakistan in areas such as mobile and online payment services. The parties have also agreed to adopt cloud computing services to support the online and mobile e-commerce businesses of SMEs in Pakistan.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years.

SOURCE: Alibaba Group

Media Contacts

Rico Ngai
Alibaba Group
+852 9725 9600
rico.ngai@alibaba-inc.com

Sophie Yu
Alibaba Group
+86 13501221600
sophie.yxf@alibaba-inc.com

NCR to showcase its latest restaurant technology innovation at the National Restaurant Association show in Chicago

Global technology company to demonstrate solutions that help restaurants transform their operations and build connected experiences

DULUTH, Ga., 2017-May-19 — /EPR Retail News/ — NCR Corporation (NYSE: NCR) will focus on ‘the connected experience’, for restaurants of all types and sizes at the upcoming National Restaurant Association (NRA) show in Chicago where the company will showcase the latest in restaurant technology innovation. Show attendees can experience NCR’s exhibition of software, hardware and solutions at Booth #6229 at the tradeshow, which is being held in Chicago at McCormick Place on May 20-23, 2017.

“We run the everyday transactions that make your life easier – whether you are a chef, manager, owner, server, cashier or consumer. At our core, we help restaurants embrace mobile and cloud capabilities, transform their operations and deliver an amazing guest experience,” said Don Zimmerman, general manager, NCR Hospitality. “This year at the National Restaurant Association’s show we’ll be exhibiting technology and solutions that illustrate the connected experience we deliver to restaurant operators, and how they can better engage with their guests to exceed customer expectations, drive sales and grow customer loyalty.”

Booth technologies and solutions range from quick-service and table service platform-of-sale (POS) systems to the latest digital signage used to engage consumers, and other restaurant technology including consumer self-ordering solutions, back office solutions, and pay-at-the-table solutions.

“We believe that by blending our expertise in restaurant technology with an equal commitment to optimizing efficiencies in all areas of a restaurant, NCR is the only provider capable of bringing an integrated total solution for restaurants,” said Zimmerman. “We invite attendees to see first-hand what our technology can do for their restaurant.”

NCR Technology in use at the Rational USA “Restaurant”
The NCR Aloha Mobile software running on NCR Orderman7 handheld devices will be in use at the Rational USA booth, #3442. Rational USA, a manufacturer of high-end cooking equipment will have a small restaurant in their 50’ x 50’ booth in the South Hall. The restaurant will have a 12 table café, offering a small menu with seating every 30 minutes for the duration of the show. Servers in the restaurant will be using NCR’s mobile POS devices to take orders at the table, routing them directly into the kitchen.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware and portfolio of services, NCR enables nearly 700 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Ga., with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. All other trademarks or registered trademarks are property of their respective owners.

NCR encourages investors to visit its website, which is updated regularly with financial and other important information about NCR.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

SOURCE: NCR Corporation

Contact

NCR Corporation
Tim Henschel, 770-299-5100
tim.henschel@ncr.com

SPAR Norway expands its e-commerce network with the launch of EUROSPAR Hunstad in Bodø online store

SPAR Norway expands its e-commerce network with the launch of EUROSPAR Hunstad in Bodø online store

NORWAY, 2017-May-19 — /EPR Retail News/ — Since last year, SPAR Norway has been increasing its focus on online retail to alleviate the challenge of large distances between stores and drive business to independent retailers across the country. The SPAR Partner has created a simple and intuitive online system and has invested in the best technologies to allow its network of independent retailers to effectively and efficiently enter the online market.

EUROSPAR Hunstad is the first SPAR store in the north of Norway to launch an online site, providing everyone in Bodø with access to top quality fresh goods online. All products are handpicked instore by a EUROSPAR Hunstad employee, meaning that the same people one meets in the store are the ones picking and handling all the items that are ordered online. In this way, customers can be assured of receiving groceries of the same great quality that they would pick themselves instore.

The prices and offers are the same online as in the store itself and customers have the option to pick the goods up or have them delivered to an address of their choice. Orders made before  10a.m. can be delivered on the same day – a great service for those with a busy schedule.

Making things as simple as possible for customers, the online store remembers one’s shopping history and suggests items for customers as they shop. It also has a handy recipe section and with one click, all items in the list of ingredients can be added to the shopping basket. Furthermore, it’s possible to indicate how many people you are serving and the ingredients are adjusted accordingly.

The online product assortment varies per store. In some cases there are 5,000 products available online and in others more than 9,000. The experience so far has been positive with figures showing that the average basket is five to six times higher online than instore.

Visit EUROSPAR Hunstad’s new online store.

SOURCE: SPAR International

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Intershop client Alko wins 2017 ‘IT Project of the Year’ award from Management Events 600 Minutes Executive

  • Finnish state owned drinks retailing company wins 2017 ‘IT Project of the Year’ from Management Events 600 Minutes Executive
  • B2B and B2C omni-channel commerce featuring more than 5,000 items

Jena, Germany, 2017-May-18 — /EPR Retail News/ — Finnish state owned monopoly for the retailing of alcoholic drinks, Alko has won the 2017 ‘IT Project of the Year’ award from Management Events 600 Minutes Executive for its omni-channel commerce project with Intershop.

Leaving PWC and Finnline behind, the state owned business went live with its new e-commerce site in November 2016 in order to further improve the buying experience for its consumer and business customers. The new online Alko service offers deliveries to business addresses, pick-up points and purchases may also be collected from Alko stores. Featuring 5,000-6,000 items, www.alko.fi replaces a more static web presence with B2B shopping capability with a feature-rich, user-friendly online shopping site for both B2C and B2B markets.

The project, managed by omni-channel commerce consultancy, Accenture Interactive started shortly after a change in Finnish law regarding the publication of alcohol pricing online. Intershop was selected as the platform of choice following extensive competitor analysis. The decision was based on best solution fit, trust in Intershop’s partner network, and relevant references.

About Intershop
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

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

Contact:
Intershop Public Relations
HEIDE RAUSCH
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
mailto:pr@intershop.de

Source: Intershop Communications AG

Tesco’s adds Spoon Guru’s innovative online technology and expertise in nutrition into its online shopping platform

Tesco’s adds Spoon Guru’s innovative online technology and expertise in nutrition into its online shopping platform

CHESHUNT, England, 2017-May-16 — /EPR Retail News/ — Tesco today (May 15, 2017) has announced a partnership with Spoon Guru to help its customers with specific diets and tastes quickly and easily find food suitable when shopping online. It marks the latest step in Tesco’s efforts to make healthier choices a little easier for customers, colleagues and communities across the UK.

By adding Spoon Guru’s innovative online technology and expertise in nutrition to Tesco’s leading online shopping platform, Tesco.com, shoppers can more easily make food choices that exactly fit their individual food preferences.

The partnership is a first for UK grocery retail and will provide Tesco customers with a unique online and mobile shopping experience free of charge.

When shopping online Tesco customers will be able to filter their food searches, including food intolerances, such as lactose or nuts, and specific dietary requirements including vegetarian, vegan, low fat, and low salt.

The new service will be available on the Tesco.com mobile app from today before being rolled out to its full online platform in the summer.

Alessandra Bellini, Tesco Chief Customer Officer comments:

“We want to make it easy for customers to shop with us online and help them make the right food choices, so we’re really excited to be working with Spoon Guru.”

“Adding their technology to Tesco.com is another little help for customers, and we hope it will make a big difference to those with specific diets and tastes.”

Markus Stripf, CEO of Spoon Guru, comments:

“We know from our own research that 54% of UK adults followed a diet in 2016. Whether due to a lifestyle choice, allergies or intolerances, Britain’s dietary needs are vast and using technology like Spoon Guru, retailers can make shopping much simpler, easier and a more pleasurable experience.”

“From inception our goal at Spoon Guru was to support the millions of people who struggle with intolerances, allergies and specific dietary needs and we are thrilled that Tesco recognises this and is partnering with us to evolve a game-changing solution for the population’s changing dietary needs.”

Earlier this month, Tesco launched its ‘Little Helps to Healthier Living’ campaign, including lower prices on hundreds of products, including fruit and vegetables, and helpful ‘little swaps’, many of which contain lower levels of salt, fat and sugar than the standard alternative.

Notes to editors

 The Nielsen Global Health and Ingredient-Sentiment Survey was conducted March 1-23, 2016, and polled more than 30,000 online consumers in 63 countries throughout Asia-Pacific, Europe, Latin America, the Middle East/Africa and North America. (Nielsen Survey)

Spoon Guru covers over 180 food preferences including an array of wellbeing diets, lifestyle diets, food allergies and intolerances (such as Celery free, Egg free, FODMAP, Fish free, Gluten free, Halal, Kosher, Lactose free, Low fat, Low salt, Low sugar, Milk free, Mustard free, Nut free, Paleo, Pulses, Sesame free, Shellfish free, Soya free, Sulphite free, Vegan, Vegetarian (incl. Ovo, Lacto and Pescetarian).

Spoon Guru Diets covered by Tesco at launch: Lactose free, Dairy free, Gluten free, Vegetarian, Vegan, Low fat. Spoon Guru diets covered by Tesco Phase 2: Lacto-vegetarian, Low sugar, Organic, Ovo-vegetarian, Paleo. Pescetarian, Kosher, Halal, Low salt, Low sugar, Low saturate.

For press information, images and interview requests contact:

Lily Cunningham, Cherish PR – elizabeth.cunningham@cherishpr.com – Tel: 02036260282

Rebecca Oatley, Cherish PR – rebecca.oatley@cherishpr.com – Tel: 02036260282

About Spoon Guru 

Spoon Guru is a powerful food preference management solution that enables its B2B clients to help their customers easily find the food they want. Spoon Guru supports an array of wellbeing, lifestyle and medical diets, accurately matching foods and recipes to people’s unique dietary needs.

The Spoon Guru app allows users to search hundreds of thousands of products and recipes and comes equipped with a powerful barcode scanner. It can be downloaded free of charge in the Google or Apple stores.

Spoon Guru takes the fuss out of finding the right food, by combining world leading expertise in nutrition and dietetics with state of the art machine learning and research science to deliver relevant food choices that exactly fit consumers’ individual food preferences.

We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

SOURCE: Tesco

For more information please contact the Tesco Press Office on 01707 918 701

 

New Nordstrom Rewards Visa® credit card expands Nordstrom’s loyalty program in Canada

SEATTLE, 2017-May-16 — /EPR Retail News/ — Nordstrom, Inc. announced it is expanding its loyalty program in Canada, providing customers with a new opportunity to earn points for their purchases and access to exclusive perks. Beginning today, Canadian customers can apply for the Nordstrom Rewards Visa® credit card and earn points on their purchases wherever they shop. The Nordstrom Rewards Visa will be offered through MBNA, a division of The Toronto-Dominion Bank and the leading provider of co-branded and affinity credit card programs in Canada.

“We’re continually looking for ways to enhance our customers’ shopping experience and provide greater value for our loyalty program,” said Michelle Haggard, Vice President and Regional Manager for Canada. “Our Nordstrom Rewards Visa (credit card) is the must-have loyalty card for every fashion enthusiast. Canadian cardholders can start earning points on their spring wardrobe purchases and then redeem them in the summer when they’re looking for a new vacation outfit.”

“We’re excited to extend this valuable partnership to Canada,” said Megan Jones, VP, Credit Cards, MBNA. “Nordstrom’s rewards program delivers the rewards and redemption options all fashion lovers will value.”

All customers who use their Nordstrom Rewards Visa® credit card will earn two points for each dollar spent on purchases made at Nordstrom locations*. In addition, cardholders earn one point per dollar on purchases made outside of Nordstrom anywhere Visa credit cards are accepted. For every 2,000 points earned, customers receive a $20 Nordstrom Note in their inbox that can be redeemed at all Nordstrom stores in Canada for any merchandise or services that they choose.

Nordstrom Rewards Visa® cardholders will also be able to take advantage of exclusive benefits including:

Bonus Point Events – Cardholders have access to Triple Points events throughout the year, where they can earn six points per dollar for eligible Nordstrom purchases. Customers only have to spend $334 during a Triple Points event to earn a $20 Nordstrom Note.

Anniversary Sale Early Access – Every July, Nordstrom Rewards Visa® credit cardholders get to shop the Anniversary Sale – the retailer’s biggest sale of the year – before it opens to the public. The sale features brand-new, just-arrived styles for men, women and kids at super-sale prices for a limited time. When the event ends, all sale items return to their original prices.

Holiday Events- Nordstrom Rewards Visa® credit cardholders will have access to holiday events where they can earn more points while shopping for gifts for everyone on their list.

Customers are invited to apply for the card in Nordstrom stores at CF Pacific Centre in Vancouver, BC; CF Chinook Centre in Calgary, AB; CF Rideau Centre in Ottawa, ON; CF Toronto Eaton Centre and Yorkdale Shopping Centre in Toronto, ON; or online at http://www.nordstrom.com/rewardscard.

*Nordstrom locations include Nordstrom, Nordstrom Rack, Trunk Club clubhouses, as well as Nordstrom.com, NordstromRack.com, HauteLook.com and TrunkClub.com.

About Nordstrom
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 354 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 221 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

SOURCE: Nordstrom, Inc.

Contact

John Bailey
Nordstrom, Inc.
(206) 303-3018

 

Lexos patent lawsuit against ChannelAdvisor’s customer Costco Wholesale dismissed

Research Triangle Park, NC, 2017-May-10 — /EPR Retail News/ — ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today (May 8, 2017) announced the patent lawsuit filed by Lexos Media IP, LLC (“Lexos”) against ChannelAdvisor’s customer Costco Wholesale Corporation has been dismissed.

After a critical favorable ruling from the court in the Eastern District of Texas in connection with the claim construction process, Lexos dismissed the lawsuit.  The dismissal by Lexos was not tied to any payment or settlement agreement, Lexos simply “walked away” after the court’s ruling.

“As a technology company, we strongly believe in legitimate intellectual property rights. However, it is important to take a stand against entities like Lexos to prevent them from bullying an entire industry with dubious or abusive patent claims,” said David Spitz, CEO.

ABOUT CHANNELADVISOR

ChannelAdvisor (NYSE: ECOM) is a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to integrate, manage and optimize their merchandise sales across hundreds of online channels including Amazon, Google, eBay, Walmart, Facebook and more. Through automation, analytics and optimization, ChannelAdvisor customers can leverage a single inventory feed to more efficiently list and advertise products online, and connect with shoppers to increase sales. Billions of dollars in merchandise value are driven through ChannelAdvisor’s platform every year, and thousands of customers use ChannelAdvisor’s solutions to help grow their businesses. For more information, visit www.channeladvisor.com.

CONTACT:

Caroline Riddle
ChannelAdvisor
caroline.riddle@channeladvisor.com
919.439.8026

Source: ChannelAdvisor

Wegmans Food Markets introduces online cake orders for special occasions

Wegmans Food Markets introduces online cake orders for special occasions

ROCHESTER, NY, 2017-May-09 — /EPR Retail News/ — Wegmans Food Markets is now offering online celebration cake and cookie cake orders at wegmans.com/ createyourcake. Select cakes can be customized, ordered, and paid for online with a credit or debit card and a minimum of 24 hours’ notice. Order pickup is available at all Wegmans stores. “Many customers have asked us for the convenience of online cake orders for special occasions like graduation parties, baby showers, and family reunions,” said Wegmans Bakery Business Manager Dan Nick. “We listened and developed a solution to help meet those needs for the cakes our customers order most.”

Options include:

  • Cake type and size: Celebration cakes and cookie cakes are both offered in quarter, half, and full sheets. Celebration cakes are also available in round one- and two-layer 7-inch sizes.
  • Flavor: Choose chocolate or vanilla, or a combination of the two.
  • Frosting: Choose whipped cream or buttercreme, made without any artificial colors.
  • Filling: There are nine delicious flavors to choose from, like raspberry, chocolate ganache, or fresh fruit.
  • Decorations and messages: Add edible balloons or roses and a custom message. An image can also be uploaded on all sheet cake sizes.

Not all Wegmans bakery cakes are available to order online. Cupcakes, specialty themes, character kits, and Wegmans Ultimate Cakes are not included at this time.

When an online order is submitted, the customer receives an email with a confirmation number, store contact information, and when and where the cake will be ready for pickup.

Orders are also accepted by phone or in person at the Catering desk or bakery counter.

“We’re happy to introduce this option for those who may prefer to place an order from a computer or mobile device, especially as we head into the peak season for cake requests in late spring and summer,” said Nick.

Wegmans Food Markets, Inc. is a 92-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, recognized as an industry leader and innovator, celebrated its 100th anniversary in 2016. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 20 consecutive years, ranking #2 in 2017.

SOURCE: Wegmans Food Markets

Press Contact:

Valerie Fox
Media Relations Coordinator
585-720-5713
valerie.fox@wegmans.com

Shopify Shows Excellent Start to the Year With First Quarter 2017 Results

  • First-Quarter Revenue Grows 75% Year on Year
  • First-Quarter Gross Merchandise Volume Grows 81% Year on Year
  • Shopify reports in U.S. dollars and in accordance with U.S. GAAP

Ottawa, Canada, 2017-May-08 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SHOP), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today (May 2, 2017) announced strong financial results for the quarter ended March 31, 2017.

“With our excellent start to the year, it is clear we are becoming the de facto platform for sellers,” stated Russ Jones, Shopify’s CFO. “In addition to merchant growth and their adoption of both new channels and merchant solutions, we also continue to see expansion of merchants’ GMV.  Retail is shifting headlong toward the vision we laid out two years ago — of inspiring entrepreneurship with multi-channel commerce — and we fully expect to continue leading this industry transition for years to come.”

First-Quarter Financial Highlights

  • Total revenue in the first quarter was $127.4 million, a 75% increase from the comparable quarter in 2016. Within this, Subscription Solutions revenue grew 60% to $62.1 million.  This increase was driven by the continued rapid growth in Monthly Recurring Revenue (“MRR”) as a record number of merchants joined the platform in the period.  Merchant Solutions revenue grew 92% to $65.3 million, driven primarily by the growth of Gross Merchandise Volume (“GMV”).
  • MRR as of March 31, 2017 was $20.7 million, up 62% compared with $12.8 million as of March 31, 2016.  Shopify Plus contributed $3.5 million, or 17%, of MRR compared with 11% of MRR as of March 31, 2016.
  • GMV for the first quarter was $4.8 billion, an increase of 81% over the first quarter of 2016.  Gross Payments Volume (“GPV”) grew to $1.8 billion, which accounted for 38% of GMV processed in the quarter, versus $1.0 billion, or 37%, for the first quarter of 2016.
  • Gross profit dollars grew 80% to $72.2 million as compared with the $40.1 million recorded for the first quarter of 2016.
  • Operating loss for the first quarter of 2017 was $14.5 million, or 11% of revenue, versus $9.7 million, or 13% of revenue, for the comparable period a year ago.
  • Adjusted operating loss4 for the first quarter of 2017 was 3.4% of revenue, or $4.3 million; adjusted operating loss for the first quarter of 2016 was 8.1% of revenue, or $5.9 million.
  • Net loss for the first quarter of 2017 was $13.6 million, or $0.15 per share, compared with $8.9 million, or $0.11 per share, for the first quarter of 2016.
  • Adjusted net loss4 for the first quarter of 2017 was $3.5 million, or $0.04 per share, compared with an adjusted net loss of $5.1 million, or $0.06 per share, for the first quarter of 2016.
  • At March 31, 2017, Shopify had $395.7 million in cash, cash equivalents and marketable securities, compared with $392.4 million on December 31, 2016, and compared with $189.5 million on March 31, 2016.

Business Highlights

  • Over one thousand Shopify Partners and Developers from around the world gathered in San Francisco in April to discuss the future of Shopify, commerce, and technology at our partner conference, Shopify Unite. New product development discussions included several announcements scheduled for availability in the second quarter, such as:
    • Shopify Point-of-Sale Card Reader. The first piece of hardware designed in-house by Shopify, the new chip-and-swipe reader offers portability and EMV support to merchants looking to sell at markets, pop-up shops or permanent retail locations. Emblazoned with the Shopify logo, the new reader seamlessly connects a merchant’s in-person sales with those made on their online store and other channels.
    • Shopify Pay. Shopify Pay allows merchants to offer their customers the option to securely save their shipping and credit card information for future purchases from any participating Shopify store. Shopify Pay is designed to increase conversion by reducing checkout to a simple 2-step entry: an email address and a unique 6-digit order notification via SMS.
    • Wholesale Channel for Plus. Using this channel, Shopify Plus merchants can create a separate, password-protected storefront, managed within their existing store. Merchants can invite buyers to purchase products at assigned wholesale prices, creating a more efficient way to manage customer bulk ordering in one place, without two systems or workarounds.
    • New Application Programming Interfaces (“APIs”) for partners.  Shopify Partners can now leverage  new APIs across a number of areas to build useful apps that integrate more directly with Shopify.  These include the Custom Storefront API, which enables partners to build for specific audiences, experiences and opportunities; the Marketing Events API, which allows developers to automatically add tracking to their marketing apps, helping merchants understand the impact of their marketing efforts; and the Draft Orders API, which lets developers expand how orders are created and completed.
  • Mobile traffic to merchants’ stores continued to grow, reaching 69% of traffic and 59% of orders at the end of March 2017 versus 62% and 51%, respectively, at the end of March 2016.
  • Shopify Capital reached $49 million in aggregate cash advances to U.S. merchants using Shopify Payments by the end of the first quarter. By April 30, 2017, aggregate cash advances had reached more than $60 million.

Financial Outlook

The financial outlook that follows constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. Actual results could vary materially as a result of numerous factors, including certain risk factors, many of which are beyond Shopify’s control. Please see “Forward-looking Statements” below.

In addition to the other assumptions and factors described in this press release, Shopify’s outlook assumes the continuation of growth trends in our industry, our ability to manage our growth effectively and the absence of material changes in our industry or the global economy. The following statements supersede all prior statements made by Shopify and are based on current expectations.  As these statements are forward-looking, actual results may differ materially.

These statements do not give effect to the potential impact of mergers, acquisitions, divestitures or business combinations that may be announced or closed after the date hereof.  All numbers provided in this section are approximate.

For the full year 2017, Shopify currently expects:

  • Revenues in the range of $615 million to $630 million
  • GAAP operating loss in the range of $69 million to $73 million
  • Adjusted operating loss in the range of $14 million to $18 million, which excludes stock-based compensation expenses and related payroll taxes of $55 million

For the second quarter of 2017, Shopify currently expects:

  • Revenues in the range of $142 million to $144 million
  • GAAP operating loss in the range of $18 million to $20 million
  • Adjusted operating loss4 in the range of $6 million to $8 million, which excludes stock-based compensation expenses and related payroll taxes of $12 million

Quarterly Conference Call

Shopify’s management team will hold a conference call to discuss its first-quarter results today, May 2, 2017, at 8:30 a.m. ET.  The conference call will be webcast on the investor relations section of Shopify’s website at https://investors.shopify.com/events/Events-Presentations/default.aspx.  An archived replay of the webcast will be available following the conclusion of the call.

Shopify’s First-Quarter 2017 Interim Unaudited Condensed Consolidated Financial Statements and Notes and its First-Quarter 2017 Management’s Discussion and Analysis are available on Shopify’s website at www.shopify.com, and will be filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

About Shopify

Shopify is the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces and physical retail locations. The platform also provides merchants with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers hundreds of thousands of businesses in approximately 175 countries and is trusted by brands such as Tesla, Nestle, GE, Red Bull, Kylie Cosmetics, and many more.

Non-GAAP Financial Measures

To supplement its consolidated financial statements, which are prepared and presented in accordance with United States generally accepted accounting principles (GAAP), Shopify uses certain non-GAAP financial measures to provide additional information in order to assist investors in understanding its financial and operating performance.

Adjusted operating loss, non-GAAP operating expenses, adjusted net loss and adjusted net loss per share are non-GAAP financial measures that exclude the effect of share-based compensation expenses and related payroll taxes.

Management uses non-GAAP financial measures internally for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Shopify believes that these non-GAAP measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.  Non-GAAP financial measures are not recognized measures for financial statement presentation under U.S. GAAP and do not have standardized meanings, and may not be comparable to similar measures presented by other public companies. Such non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. See the financial tables below for a reconciliation of the non-GAAP measures.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding Shopify’s financial outlook and future financial performance. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements.

These forward-looking statements are based on Shopify’s current projections and expectations about future events and financial trends that management believes might affect its financial condition, results of operations, business strategy and financial needs, and on certain assumptions and analysis made by Shopify in light of the experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate. These projections, expectations, assumptions and analyses are subject to known and unknown risks, uncertainties, assumptions and other factors that could cause actual results, performance, events and achievements to differ materially from those anticipated in these forward-looking statements. Although Shopify believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that actual results will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond Shopify’s control, including but not limited to: (i) merchant acquisition and retention; (ii) managing our growth; (iii) our history of losses; (iv) our limited operating history; (v) our ability to innovate; (vi) a disruption of service or security breach; (vii) payments processed through Shopify Payments; (viii) our reliance on a single supplier to provide the technology we offer through Shopify Payments; (ix) a breach involving personally identifiable information; (x) serious software errors or defects; (xi) exchange rate fluctuations; (xii) achieving or maintaining data transmission capacity; and (xiii) other one-time events and other important factors disclosed previously and from time to time in Shopify’s filings with the U.S. Securities and Exchange Commission and the securities commissions or similar securities regulatory authorities in each of the provinces or territories of Canada. The forward-looking statements contained in this news release represent Shopify’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. Shopify undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

CONTACT:

INVESTORS:
Katie Keita
Director, Investor Relations
613-241-2828
IR@shopify.com

MEDIA:
Erin Hochstein
Public Relations Manager
226-972-1767
press@shopify.com

Source: Shopify

Martha Stewart brand to launch at QVC

Martha Stewart brand to launch at QVC

America’s Most Trusted Lifestyle Expert to Appear on QVC

NEW YORK, 2017-May-08 — /EPR Retail News/ — Sequential Brands Group, Inc. (Nasdaq:SQBG) (“Sequential” or the “Company”) and QVC, Inc. announced today (May 4, 2017) a multi-year agreement for the Martha Stewart brand. Under the new agreement, QVC will launch several categories for the brand including skincare, fashion apparel, and food and beverage.

“Our brand has always been devoted to teaching and inspiring people to live more beautiful, more functional and more meaningful lives and our products provide solutions to do just that,” said Martha Stewart. “I am thrilled to partner with QVC, which offers unique opportunities to engage directly with an even broader audience, bringing to life several new categories for the Martha brand including beauty and fashion.

The new collaboration, which is expected to launch in the second half of this year, will feature frequent appearances on QVC by Martha Stewart and a team of Martha’s favorite experts as they showcase new and exciting products and share tips on how to incorporate them into everyday living.

“QVC at its core is about the joy of discovery and the power of relationships, and few do a better job of connecting with fans and inspiring them to embrace new ideas than Martha Stewart,” said Mike George, QVC President and CEO.  “QVC combines the best of retail, media and social to create the most engaging shopping experience, and to collaborate with a brand such as Martha’s further emphasizes our commitment to excellence and innovation. By leveraging the power of this relationship, QVC, which is among the nation’s top mobile and eCommerce retailers, brings to our customers Martha’s passion and expertise in a special and exciting new way.”

Sequential Brands Group CEO, Karen Murray, added “QVC’s proven differentiated retail experience plays perfectly with the strength of the Martha Stewart brand.  We are excited by this opportunity as it provides the brand with a new channel of distribution and further expansion into untapped categories where we see strong sales potential.”

Martha Stewart is an Emmy Award-winning television show host, entrepreneur, bestselling author of 88 books, and America’s most trusted lifestyle expert and teacher. Millions of people rely on Martha Stewart as a source of useful “how-to” information for all aspects of everyday living – cooking, entertaining, gardening, home renovating, collecting, organizing, crafting, holidays, healthy living and pets. Currently, the Martha Stewart brand reaches approximately 100 million consumers across all media and merchandising platforms each month.

About Sequential Brands Group, Inc.
Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the fashion, active, and home categories, which includes the Martha Stewart media and merchandising properties. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers and distributors in the United States and around the world. For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

About QVC
QVC combines the best of retail, media and social to create the most engaging shopping experience, one that exceeds the expectations of everyone we touch by delivering the joy of discovery through the power of relationships.  Every day, in nine countries and counting, QVC engages millions of shoppers in a journey of discovery through an ever-changing collection of familiar brands and fresh new products, from home and fashion to beauty, electronics and jewelry. Along the way, we connect with shoppers via live dialog, engaging stories, interesting personalities and award-winning customer service. Based in West Chester, Pa. and founded in 1986, QVC has more than 17,000 employees and has retail operations in the U.S., Japan, Germany, United Kingdom, Italy, France, and through a joint venture in China. Worldwide, QVC engages shoppers via 15 TV channels reaching more than 360 million homes, seven websites, and 195 social pages. Visit corporate.qvc.com to learn more.

QVC is a wholly owned subsidiary of Liberty Interactive Corporation and is attributed to the QVC Group tracking stock (NASDAQ: QVCA, QVCB). Liberty’s QVC Group also includes zulily, a digital retailer obsessed with bringing customers special finds every day at incredible prices. zulily has been a wholly-owned subsidiary of Liberty Interactive Corporation since October 2015. zulily features an ever-changing, always delightful collection of clothing, home décor, toys, gifts and more–for the whole family. Unique products from up-and-coming brands are featured alongside favorites from top brands, giving customers something new to discover each morning. Launched in 2010, zulily is headquartered in Seattle. Among mass merchants, the combined QVC Group (including QVC and zulily) is the #3 mobile retailer in the U.S., the #8 mobile retailer globally, and the #4 ecommerce player in North America, according to Internet Retailer. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc. For more information on Liberty Interactive Corporation, visit www.libertyinteractive.com.

SOURCE: Sequential Brands Group

Media Contacts:

Sequential Brands Group
Jaime Cassavechia
212-518-4771 x108
jcassavechia@sbg-ny.com

QVC
Jane Crawford
484-701-1506
Jane.Crawford@qvc.com

Investor Relations:

Sequential Brands Group
Katherine Nash
512-757-2566
knash@sbg-ny.com

Liberty Interactive Corporation
Courtnee Chun, 720-875-5420
Courtnee@libertymedia.com

News Provided by Acquire Media

Intershop recorded a strong 26% increase in revenues to EUR 9.1 million in the first quarter of 2017

  • Strategy program “Lighthouse 2020” taking effect
  • Total revenues up 26% to EUR 9.1 million (previous year: EUR 7.3 million)
  • Positive EBIT of EUR 0.2 million (previous year: EUR -1.4 million)
  • Strong increase in cash by EUR 2.2 million
  • Intershop technology achieves top ratings by renowned industry analyst Forrester Research

Jena, Germany, 2017-May-04 — /EPR Retail News/ — Intershop Communications AG (ISIN: DE000A0EPUH1), a leading independent provider of innovative solutions for omni-channel commerce, recorded a strong 26% increase in revenues to EUR 9.1 million in the first quarter of 2017. Revenues of EUR 7.3 million had been generated in the weak prior year quarter. The good performance at the beginning of 2017 is attributable to a positive business trend in all of the Group’s revenue areas.

The strategically important product revenues rose by 49% from EUR 2.7 million to EUR 4.1 million, while service revenues increased by 12% to EUR 5.1 million. Product revenues accounted for 45% of total revenues (previous year: 38%).

While the gross margin climbed from 44% to 49% in the reporting period, operating expenses declined by 7% from EUR 4.6 million to EUR 4.3 million. As announced, the financial scope resulting from the savings was used to develop and implement new market-oriented sales and marketing measures to intensify the cloud and industry focus.

At EUR 0.2 million, Intershop generated moderately positive earnings before interest and taxes (EBIT) in the first quarter of 2017 (previous year: EUR -1.4 million), which is equivalent to an EBIT margin of 2% (previous year: -19%). Operating earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 0.8 million, compared to EUR -0.8 million in the first quarter of 2016. The result for the period came in at EUR 0.1 million (previous year: EUR -1.5 million), resulting in earnings per share of EUR 0.00 (previous year: EUR -0.05).

At EUR 2.8 million, operating cash flow was clearly positive in the reporting period (previous year: EUR -0.9 million). Cash and cash equivalents rose from EUR 10.9 million at the end of 2016 to EUR 13.1 million as of 31 March 2017. This means that the company has a good financial basis to push ahead with the implementation of the “Lighthouse 2020” roadmap and to remain flexible in its day-to-day business. The Intershop Group’s equity ratio stayed at a comfortable level of 58% (31 December 2016: 59%).

Says Dr. Jochen Wiechen, CEO of Intershop Communications AG: “During the first three months we have laid a solid foundation to achieve the objectives we have set ourselves for 2017 as the year progresses. Moreover, the results show that the measures implemented in the context of the “Lighthouse 2020” strategy program are successively taking effect. We must now continue these positive developments. We are additionally benefiting from the latest analyses conducted by Forrester Research on the market for e-commerce platforms. We were again able to position ourselves as a leading supplier in both the B2B and the B2C segment. This success will help us very much in targeting new customers. Moreover, the analyst assessments will strengthen the relationships with our customers and increase our partners’ confidence in our solutions, as they objectively document our technological leadership.”

Intershop has confirmed its forecast for the full year 2017 and continues to project moderately higher revenues and balanced earnings before interest and taxes (EBIT).

The interim report on the first three months of 2017 is available for download at http://www.intershop.com/investors-financial-reports.

About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

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

Contact:
Intershop Public Relations
HEIDE RAUSCH
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309
mailto: pr@intershop.de

Source: Intershop Communications AG

Bags & travel retailer Duifhuizen goes cross-border

OUD-BEIJERLAND (THE NETHERLANDS), 2017-May-03 — /EPR Retail News/ — Duifhuizen, specialist retailer of bags & travel items, has made its range more accessible to international customers. Apart from its 26 brick-and-mortar shops in The Netherlands and its two online shops, duifhuizen.nl and duifhuizen.be, the retailer has now also gone live with an English online shop: www.duifhuizen.com. They expect to attract potential customers from all over the world and to offer country-specific content in future.

OPPORTUNITIES

Duifhuizen can see plenty of cross-border opportunities. “We’ve noticed a continuous rise in our customers from abroad”, says E-commerce manager Mark van der Stokker. The English online shop was set up in order to better serve those customers. In preparation of the launch, thorough research was done on the shop’s target audience. Additionally, the procurement department continuously looks for specific brands and products that are of interest to international consumers.

A CHANGE OF NAME

Recently, all Duifhuizen online shops have had a big make-over. The design and functionality of the English online shop are near-identical to the Dutch online shop in order to keep the same look & feel. However, there has been a small change in name. For the international audience, the retailer has changed the name Duifhuizen tassen & koffers to Duifhuizen bags & travel. “Duifhuizen is a tricky name to pronounce for those who do not know the Dutch language. We didn’t want to make it any more difficult by adding tassen en koffers. ‘Bags & travel’ rolls off the tong a bit more easily”, Mark explains.

COUNTRY-SPECIFIC CONTENT

By launching duifhuizen.com the retailer focuses on customers from around the world. “In future we’re looking to focus more on country-specific content. We know where our visitors are coming from and have the means to provide them with targeted content on the moments that count”, Mark says. “Take Mother’s Day for example. This day is celebrated earlier in the UK than it is in The Netherlands. On the English online shop we’ve timely adjusted our content in order to offer the English customer the best service at the most relevant moment.”

AMBITION

The first step for Duifhuizen.com was to be more accessible for the international customer and it achieved that goal, the retailer says. Mark: “From this point on we have the possibility to further explore our options, such as expanding our range of local payment and delivery options in a way that is most convenient for our international customers. Additionally, we will try to interact locally and overcome the obstacles on our path in terms of logistics. It’s easy to see there are still plenty of challenges ahead. But we’re ready to face them, one by one.”

Duifhuizen bags & travel

Willem Beukelszstraat 13

3261 LV Oud-Beijerland

The Netherlands

Website: www.duifhuizen.com

E-mail: customerservice@duifhuizen.com

Barnes & Noble appoints Demos Parneros to CEO

Barnes & Noble appoints Demos Parneros to CEO

NEW YORK, 2017-May-01 — /EPR Retail News/ — Barnes & Noble, Inc. (NYSE:BKS), today (April 27, 2017) announced the promotion of Demos Parneros to Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Commensurate with the appointment of Mr. Parneros, Leonard Riggio will step down as CEO and remain Chairman of the Board of Directors.

“It has become abundantly clear over the last five months that Demos is a perfect fit for our Company and an outstanding choice for Chief Executive Officer,” said Leonard Riggio. “He is highly respected by our Board of Directors and our leadership team, and I believe Demos is fully prepared to help foster a new era of growth for Barnes & Noble.”

Mr. Parneros has been Chief Operating Officer of Barnes & Noble since November 2016. He joined the Company with 30 years of leadership experience in all aspects of retail management, including operations, human resources, merchandising, e-commerce, marketing and real estate. Prior to joining the Company, Mr. Parneros served as President, North American Stores & Online at Staples, Inc. He joined Staples in 1987 as a General Manager and worked his way up the ranks through multiple management positions, including Senior Vice President Mid-Atlantic Operations, President, US Stores, President, US Retail, and President North American Stores & Online, where he was responsible for a team of 50,000 associates and 1,800 stores and Staples’ online business. Mr. Parneros has been a director of KeyCorp since January 2014 and a director at Modell’s Sporting Goods since July 2009. He received his B.S. from New York University and graduated from Harvard Business School’s Advanced Management Program. He can be found on the following social media platforms: Facebook, Instagram and Twitter.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE:BKS) is a Fortune 500 company, the nation’s largest retail bookseller, and a leading retailer of content, digital media and educational products. The Company operates 634 Barnes & Noble bookstores in 50 states, and one of the Web’s premier e-commerce sites, BN.com (www.bn.com). The Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading and entertainment content through the NOOK Store®. The NOOK Store features more than 4.5 million digital books in the US (www.nook.com), plus periodicals and comics, and offers the ability to enjoy content across a wide array of popular devices through Free NOOK Reading Apps™ available for Android™, iOS® and Windows®.

General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website at www.barnesandnobleinc.com.

Barnes & Noble®, Barnes & Noble Booksellers® and Barnes & Noble.com® are trademarks of Barnes & Noble, Inc. or its affiliates. NOOK® and the NOOK logos are trademarks of Nook Digital, LLC or its affiliates.

For more information on Barnes & Noble, follow us on Twitter, Instagram, Pinterest and Snapchat (bnsnaps), and like us on Facebook. For more information on NOOK, follow us on Twitter and like us on Facebook.

BKS – Financial

SOURCE: Barnes & Noble, Inc.

Contacts:

Media
Mary Ellen Keating, 212-633-3323
Senior Vice President
Corporate Communications
mkeating@bn.com
or
Investors
Andy Milevoj, 212-633-3489
Vice President
Investor Relations
amilevoj@bn.com

News Provided by Acquire Media

Diebold Nixdorf to present innovative retail and banking solutions at the Seamless Middle East Conference and Exhibition

Global innovator introduces latest ATM concept to Middle East market

DUBAI, United Arab Emirates, 2017-May-01 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, will demonstrate the latest technology and solutions that support four key drivers in the retail and financial services industries— digitalization, individualization, automation and miniaturization– at the Seamless Middle East Conference and Exhibition May 1-2 in Dubai. In booth #R10, the company’s innovative retail and banking solutions come together to demonstrate the future of consumer transactions.

Diebold Nixdorf’s latest innovative banking concept, Essence, which features a sleek, modern design and user interface, will be one of the key exhibits at the event. Powered by software-driven interactions and intuitive multi-touch functionalities, such as swipe, scroll and smart zoom, the through-the-wall concept enhances and modernizes everyday consumer banking transactions. Available in an array of customizable colors and designs, the seamless, through-the-wall profile, advanced authentication options and electronic receipt capabilities provide consumers a glimpse into the future of consumer transactions.

Additionally, booth visitors will be led through a consumer experience journey in retail and banking scenarios. In the financial services experience, the following themes will be demonstrated:

  • Digital Onboarding – A custom self-service terminal that automates a variety of consumer transactions such as account opening via the ability to scan personal documents. Additionally, the solution enables a variety of advanced services such as biometric authentication, debit card and check book printing and remote video teller assistance.
  • Personalized, Omnichannel Consumer Experiences – Innovative software and systems meaningfully converge physical and digital channels to provide superior consumer interactions by enabling personalized, customized and seamless experiences at any touchpoint. Multiple use cases from roving and video teller to mobile banking and teller transactions, demonstrate a true end-to-end consumer experience.
  • Connected Insights – Advanced data analytics solutions that enable financial institutions to have a complete view of the self-service channel and improve ATM uptime by anticipating maintenance needs.
  • Operations and Management – A comprehensive portfolio of innovative software solutions to maximize availability, automate processes, reduce cost of ownership and improve cash cycle management to yield best-in-class results.
  • Enhanced Security – Tightly integrated multi-layer security solutions protect against historical and newly-evolving attack vectors.

In the retail experience, visitors will be introduced to the latest innovations in automated technology that meet the demands of both retailers and consumers:

  • Seamless Experiences – A comprehensive suite of software solutions provide high-quality, omnichannel experiences for consumers and enable advanced functionalities in the retail environment.
  • Store Transformation – Leading automation and self-service solutions support consumer demand for a faster, more secure checkout process with flexible payment and miniaturized footprint options for retailers of any size.
  • Service Stations – An end-to-end and innovative portfolio of systems and software that manage and synchronize the growing complexity of service station networks. From point-of-sale and back office to outdoor payment terminals and a customer service portal, the extensive portfolio enables increased operating efficiencies and profitability for service stations.

“Diebold Nixdorf is uniquely positioned to connect physical and digital channels and guide financial institutions and retailers into the future of connected commerce,” said Habib Hanna, Diebold Nixdorf managing director, Middle East. “Diebold Nixdorf’s technology leadership continues to enable our customers to stay ahead by transforming how consumers shop and connect with their money in this rapidly changing, increasingly digital consumer landscape.”

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com  for more information.

SOURCE: Diebold, Incorporated

Contact(s):

Media Relations
Renee Murphy
Email: renee.murphy@dieboldnixdorf.com
Phone: 330-490-5825
Investor Relations
Steve Virostek
Email: steve.virostek@dieboldnixdorf.com
Phone: 330-490-6319

Germany’s largest savings bank extends IT outsourcing partnership with Diebold Nixdorf

HAMBURG, Germany, 2017-Apr-30 — /EPR Retail News/ — Hamburger Sparkasse (Haspa), Germany’s largest savings bank, has extended its successful IT outsourcing partnership with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, for an additional seven years. This renewal builds on the 2005 agreement between the two companies in which Haspa outsourced a significant portion of its IT operations to Diebold Nixdorf. In the future, Diebold Nixdorf will also support Haspa in the migration of its core banking system from SAP to OSPlus from Finanz Informatik, the IT service provider of the Sparkasse Finance Group, through the establishment of a network infrastructure and new server landscape.

With this agreement, Diebold Nixdorf will support the decentralized IT operations for approximately 6,000 of Haspa’s work stations and the management of its self-service network of more than 800 systems, including cash management, network services, file and print services, the operation of servers for a range of applications, the management of middleware and database applications, and a user help desk.

“Drawing on Diebold Nixdorf’s expertise, this partnership has enabled us to ensure the consistent availability of our systems,” said Rudolf Hoyer, the head of information technology and organization at Hamburger Sparkasse. “In addition, Diebold Nixdorf has been supporting our efforts to further develop our technologies and infrastructure as well as in reducing costs.”

“We will continue to rely on Diebold Nixdorf’s expertise as we plan the migration of our core banking system,” added Frank Rollenhagen, deputy head of information technology and organization at Hamburger Sparkasse.

“The continuation of key partnerships with leading financial institutions, such as Haspa, is a key aspect of our services growth strategy,” said Olaf Heyden, Diebold Nixdorf senior vice president, services. “Through our comprehensive services portfolio, we are driving the future of consumer transactions by helping banks fully focus on their customers and facilitating the rapid transformation of financial institutions throughout the world.”

About Hamburger Sparkasse

With 140 branches, Hamburger Sparkasse AG (Haspa) is the leading bank for private customers and small and midsized enterprises in the Hamburg metropolitan area. Founded in 1827 to encourage saving, Haspa has since grown to become the bank for all residents of Hamburg – from young children with their first “MouseAccounts” to private banking customers. Half of all residents and half of all small and midsized enterprises in Hamburg are Haspa customers. Haspa employs 5,000 people and has 350 apprentice positions, making it one of the largest employers and training companies in the city. Haspa also takes corporate responsibility seriously and supports the local community with annual donations of around €5 million.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

SOURCE: Diebold Nixdorf

Media Relations:
Ulrich Nolte
+49-5251-6935211
ulrich.nolte@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

Alibaba Group to host the quarter and fiscal year 2017 financial results conference call on May 18, 2017

Hangzhou, China, 2017-Apr-30 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today (April 27, 2017) announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2017 before the U.S. market opens on Thursday, May 18, 2017, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.

Details of the conference call are as follows:
International: +65 6713 5090
U.S.: +1 845 675 0437
U.K.: +44 203 621 4779
Hong Kong: +852 3018 6771
Conference ID: 12468148

A live webcast of the earnings conference call can be accessed at http://www.alibabagroup.com/en/ir/earnings. An archived webcast will be available through the same link following the call. A replay of the conference call will be available for one week (dial-in number: +61 2 8199 0299; conference ID: 12468148).

Please visit Alibaba Group’s Investor Relations website at http://www.alibabagroup.com/en/ir/home on May 18, 2017 to view the earnings release and accompanying slides prior to the conference call.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years.

SOURCE: Alibaba Group Holding Limited

Investor Contact:

Rob Lin
Investor Relations
Alibaba Group Holding Limited
investor@alibabagroup.com

NCR’s manufacturing facility in Budapest delivers its 350,000th ATM in a record period of time

The facility continues to support NCR’s vision of introducing innovations to serve the global financial, retail and hospitality industry

BUDAPEST, Hungary, 2017-Apr-30 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today (April 26, 2017) announced that its state-of-the-art manufacturing facility in Budapest has achieved the unique distinction of manufacturing its 350,000th ATM in a record period of just 11 years.

The Budapest facility remains NCR’s largest manufacturing facility in the world with over 750 employees and manufactures ATMs for the U.S., Europe, Middle East and Africa markets. In addition to ATMs, NCR also produces self-checkout and point-of-sale (POS) solutions for the retail and hospitality industries. To date, the facility has produced over 500,000 technology products and is constantly evolving its processes and collaborating with the regional design team to influence future innovations.

“This landmark achievement of producing 350,000 ATMs is a result of our investments in a world class facility, the untiring efforts of our team and the superior quality of products we bring to our customers across 100 countries,” said Zoli Kiss, senior director of operations, NCR Budapest. “This facility remains strategic to NCR’s global growth strategy and has been introducing innovative technologies for over a decade now to serve our retail, financial and hospitality customers the world over.”

This state-of-the-art ISO 50001 facility is BREEAM (Building Research Establishment Environmental Assessment Method) certified. In addition, it is strategically located near suppliers, customers and robust transportation and shipping hubs that help improve operational efficiency and enable faster delivery of innovative products.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 700 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Ga., with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

SOURCE: NCR Corporation

Media Contact
Rakesh Aulaya
NCR Corporation
9122. 619.545.83
rakesh.aulaya@ncr.com

honeybee™ and PwC partnership will see organisations create a more consistent and improved customer experience

London, UK, 2017-Apr-30 — /EPR Retail News/ — honeybee™, a pioneering digital platform, has today (April 25, 2017) announced a strategic alliance with PwC to transform the way people buy and sell. The combination of honeybee™ and PwC expertise and technology will help organisations create a more consistent and improved customer experience across all their channels to market.

This alliance will help organisations achieve growth by embedding a proven hybrid of digital and human experience into the sales process, focused on gaining a deep understanding of customer needs to improve their buying experience and satisfaction. This is underpinned by honeybee™’s unique approach to simplifying the sales journey, either in store or over the phone; a model learnt first-hand through its evolution within Dixons Carphone, where digital customer journeys have been live in the hands of over 5,000 store colleagues for over three years.

The importance of investing in staff and training is highlighted in PwC’s Total Retail 2017 report, which found that product knowledge is power, with 78% of consumers citing a “sales associates with a deep knowledge of the product range” as the most important factor when it comes to in-store retail experience.

honeybee™ will be part of PwC’s digital customer experience offering, enabling the business advisory firm to work with its clients to boost margins and sales by improving consistency in customer experiences, helping them become more successful in an increasingly competitive market. In addition to retail, sectors that could see benefits from this new alliance include automotive, retail banking, telecoms, energy, and consumer products including electronics and connected home technology suppliers.

Jon Andrews, Head of Technology and Investments, PwC commented:
“Revenue growth needs to be centred on customers – in order to grow, our clients must focus on the customer’s needs, no matter what the channel. This will be increasingly true as consumer spending power is squeezed by rising inflation. honeybee™’s platform directly addresses the opportunity to improve customer experience, opening up a multi-trillion dollar global market. Combining this technology with our industry knowledge and expertise in implementation means we can better help our clients achieve their growth aspirations.”

Graham Stapleton, Executive Chairman, honeybee™ comments:
“Investment in customer facing technology is long overdue but it requires a different approach. Whether selling face to face or over the phone, the power of bringing together the best of human empathy and sales skills, with technology’s agility and ability to personalise, can revolutionise the experience for customers and the results for businesses.”

“We are delighted that PWC shares our vision of revolutionising the way people buy and sell offline and are excited about creating a powerful alliance to help organisations transform not only the customer experience they deliver but equally their sales performance.”

Three Services, A Single Platform

Simplifying the sales journey to solve the problems of person-to-person selling, honeybee™ brings together three critical elements to offer clients an end-to-end solution: digital offline customer journeys; ‘no-code’ platform agility; and expert services.

  • Digital Offline Customer Journey honeybee™ is an intuitive platform that can be rapidly configured to meet the needs of customers, staff, and the wider brand. The solution covers every step of the end-to-end sales journey, analysing customer needs to help sales teams co-create a solution for the individual customer that best suits their needs.Working with PwC, honeybee™ will be utilised to optimise the customer interface and automate processes across the customer environment.
  • ‘No Code’ Platform Agility honeybee™’s revolutionary ‘no code’ approach eliminates the complexity of traditional IT solutions, allowing operational staff – rather than developers – to reconfigure sales journeys in real-time. Most importantly, the platform is the first to offer actionable data on all points of the customer’s journey, bringing the digital optimisation tools up to now only associated with the online channel, to the offline channel for the first time.Coupled with PwC’s digital capabilities and team of technologists with market-leading business transformation skills, honeybee™ allows rapid delivery of digitised experiences across multiple offline channels.
  • Expert Services Having the right technology in place is only half the issue solved. With significant expertise in designing, delivering and optimising digital transformation strategies in offline channels, honeybee™ brings a rapid return-on-investment, helping organisations take the solution to market in a fraction of the time it would take an in-house team. In the longer term, honeybee™ delivers sustainable business transformation by allowing companies to continually refine their processes as the market, and customers, evolve.Each engagement delivered by PwC and honeybee™ will utilise the behavioural science and analytics expertise within the specific industry’s customer journey, tailored to helping organisations achieve their strategic objectives.

Already recognised as leaders in the customer experience industry, PwC’s alliance with honeybee™ offers organisations an innovative solution that will allow them to better understand, and deliver on, the needs of their clients and their client’s customers. Ultimately, with improved customer experiences, PwC’s front-office solution will help businesses achieve top-line revenue growth whilst maximising bottom-line profitability.

-ENDS-

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

SOURCE: Dixons Carphone plc

Webhelp to introduce honeybee™ solution into contact centres through new partnership

London, UK, 2017-Apr-30 — /EPR Retail News/ — honeybee™, a pioneer set to transform the way people buy and sell, has today (April 25, 2017) announced a partnership with Webhelp, one of the world’s leading customer experience and business process outsourcers. The collaboration will see Webhelp introducing the honeybee™ solution into contact centres across the globe, improving the customer journey for organisations in a wide range of regions and industries.

Serving over 500 customers across 25 countries, Webhelp is committed to helping businesses provide the best possible level of customer service and believes honeybee™ can create a step change in this experience and the overall performance of phone-to-phone sales.

The partnership will kick-off with a roll out in a major European mobile network operator, following a successful trial which delivered significant benefits;

  • 57% improvement in sales conversions
  • 11% lift in transaction value
  • 70% reduction in time to competency for new employees

Whilst there has been substantial investment in call centre technology over the years, the focus has tended to be on dialer optimisation and campaign management rather than on the actual sales conversation. honeybee™ aims to revolutionise phone sales by delivering an end-to-end sales journey that has been built with the customer and sales colleague in mind, empowering the sales colleague to co-create a solution for a customer that is specific to that customer’s needs.

honeybee™ combines the benefits of technology with the power of human interaction to improve customer experiences and ultimately drive sales conversion and efficiency.

This digital approach to phone-to-phone selling also brings all the data and analytics benefits of online sales to the offline space for the first time, whilst honeybee™’s ‘no-code’ platform transforms the speed and cost of reacting to market and consumer demands, by allowing Webhelp to update and test new journeys in real-time.

David Turner, CEO of Webhelp UK, said:
 “Webhelp is very proud of its role as a technology enabler. Using technology to transform and simplify the customer journey has always been at the heart of Webhelp’s strategy. honeybee™ represents the opportunity for Webhelp to unlock even greater cost savings and efficiencies for its clients. As a multi-industry platform, the benefits of honeybee™ are immediately clear and Webhelp is excited to offer these advances to its diverse global client base.”

Graham Stapleton, Executive Chairman, honeybee™, commented:
“We are hugely excited about our partnership with Webhelp. They share our vision that the call centre experience can be transformed by our unique approach of creating technology that empowers sales colleagues to help find the right solution for their customers. An approach that has already delivered some significant results for Webhelp and promises to unlock a new era of customer satisfaction with call centre interactions.”

The honeybee™ Platform

Solving the problems of person-to-person selling, honeybee™ brings together three critical elements to offer clients an end-to-end solution: digital offline customer journeys; ‘no-code’ platform agility; and expert services.

  • Digital Offline Customer Journeyhoneybee™ is an intuitive platform that can be rapidly configured to meet the needs of customers, staff, and the wider brand. The solution covers every single step of the end-to-end customer journey, analysing customer needs to help sales team co-create a product package or tariff that best suits their specific needs.With honeybee™, Webhelp will be able to digitally-empower sales teams, allowing them to collect and analyse customer interaction data that can then be used to refine and automate processes for a slicker, more compelling customer experience.
  • ‘No Code’ Platform Agilityhoneybee™’s revolutionary ‘no code’ approach eliminates the complexity of traditional IT solutions, allowing operational staff – rather than developers – to reconfigure sales journeys in real-time. Most importantly, the platform is the first to offer actionable data on all points within the customer’s contact centre journey.
  • Expert ServicesHaving the right technology in place is only half the issue solved. Introducing digital journeys to sales staff requires business transformation. With significant expertise in designing, delivering and optimising digital transformation strategies, honeybee™ brings a rapid return-on-investment, helping organisations take the solution to market in a fraction of the time it would take an in-house team. In the longer term, honeybee™ can also create sustainable change by allowing businesses to continually refine their business processes as the market, and customers, evolve.

-ENDS-

About Webhelp

Webhelp is a global business process outsourcer (BPO), specialising in customer experience and payment management in addition to sales and marketing services across voice, social and digital channels.

From more than 25 countries with a 35,000-strong team, our focus is on engineering performance improvements and delivering a real and lasting transformation in our clients’ operating models to generate financial advantage. We partner with some of the world’s most progressive brands including Sky, Shop Direct, Bouygues, Direct Energie, KPN, Vodafone, La Redoute, Michael Kors and Valentino.

Headquartered in Paris, France, the company has grown its revenues by more than 250% in the last 4 years by investing in its people, the environment they work in and developing its analytical and operating capability to deliver a transformational outsourcing proposition that addresses the challenges of an omni-channel world.

Webhelp is owned by its management and KKR, a leading global investment firm, as of March 2016.

More information can be found at www.webhelp.com

SOURCE: Dixons Carphone plc

 

Medici Ventures takes an observer’s seat in bitcoin startup Ripio’s board of directors meetings

Overstock.com’s blockchain subsidiary announces participation in Ripio’s Series A financing

SALT LAKE CITY, 2017-Apr-29 — /EPR Retail News/ —  Medici Ventures, a global leader in advancing blockchain technology, has added bitcoin consumer financial service platform Ripio to its portfolio of strategic blockchain-focused investments through participation in Ripio’s Series A financing. In addition to Medici Ventures’ equity position, the blockchain-focused subsidiary of US e-commerce pioneer Overstock.com will take an observer’s seat in Ripio’s board of directors meetings.

Ripio’s bitcoin financial services suite utilizes the blockchain and traditional payment rails to allow Latin America’s unbanked and underbanked population (as high as 70% in some areas) to buy and sell bitcoins using local currencies, and to pay for goods and services through a simple, direct transfer to peers and merchants. The platform currently has over seventy thousand users across Argentina and Brazil, and is in the process of expanding to other countries in the region, including Mexico and Colombia.

“Ripio has simplified the peer-to-peer payment system in a way that is accessible to anyone with a smartphone, no matter his or her level of technical sophistication,” said Medici Ventures’ President Jonathan Johnson. “This is exactly the type of life-changing application of blockchain technology that Medici Ventures is interested in.”

“We are super excited to partner with Medici Ventures team,” stated Sebastian Serrano, CEO and Co-Founder of Ripio. “This investment and their experience will help us to leverage our vision of democratizing access to financial services in emerging markets. We are honored to be part of its portfolio and we look to strengthen our synergies in the near future.”

Medici Ventures is a leader in advancing blockchain technology, and parent company of t0.com, which recently aided Overstock.com in completing the world’s first blockchain-based stock offering on its proprietary platform. Medici Ventures has investments in emerging technologies across several industries, including capital markets, banking, identity authentication and protection, land titling, voting, and more.

About Medici Ventures:
Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc. created to advance blockchain technology by operating and investing in firms building solutions that will usher in a new era of efficiency, security and transparency in financial technology.  Medici Ventures’ blockchain-focused investments include t0.com, Peernova, Bitt, SettleMint, Factom, IdentityMind, and Ripio. The company’s majority-owned financial technology company, t0.com, executed the world’s first blockchain-based stock offering in December 2016.

About Ripio:
Born in 2014, Ripio (by BitPagos) is a full suite of financial services with more than 70,000 users across Latin America that provides many options to buy and sell Bitcoins in local currencies and to pay online in thousands of websites and stores that accept digital payments. Ripio has also launched a new disruptive credit feature called Ripio Credit (2016 Techcrunch Disrupt NY finalist)  on top of its wallet that allows customers to buy now and pay later using blockchain technology and traditional payment rails. Current main company investors are Tim Draper, Medici Ventures, Boost.VC, Huiyin Blockchain Ventures and Digital Currency Group.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact.  Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-K for the quarter ended December 31, 2016, which was filed with the SEC on March 3, 2017, and any subsequent filings with the SEC.

SOURCE: Overstock.com

Media Contact:
Mark Delcorps, Overstock.com, Inc.
+1 (801) 947-3564
pr@mediciventures.com

Investor Contact:
Mark Harden, Overstock.com, Inc.
+1 (801) 947-5409
ir@overstock.com

CommerceHub to issue 1Q 2017 financial results on Monday, May 8, 2017

ALBANY, N.Y., 2017-Apr-26 — /EPR Retail News/ — CommerceHub, Inc. (NASDAQ:CHUBA) (NASDAQ:CHUBK) (“CommerceHub” or the “Company”), a leading distributed commerce network for retailers and brands, today ( April 24, 2017) announced that it will issue its financial results for the three months ended March 31, 2017 after the market close on Monday, May 8, 2017. On the same day, CommerceHub will host a conference call and webcast to discuss the results at 4:30 p.m., Eastern Time, during which its management team will discuss the Company’s financial performance and strategy, and may discuss future opportunities. After the conference call is completed, a recorded version of the call will be available at http://ir.commercehub.jcom.

What: CommerceHub First Quarter 2017 Financial Results

When: Monday, May 8, 2017

Time: 4:30 p.m. Eastern Time

Live Call: U.S./Canada Toll-Free Participants Dial-in Number: (800) 219-6912 International Toll Participants Dial-in Number: (574) 990-1026 Conference ID/Passcode: 11695529

Webcast (live and replay): http://ir.commercehub.com

About CommerceHub:
CommerceHub is a distributed commerce network connecting supply, demand and delivery that helps retailers and brands increase sales by expanding product assortments, promoting products on the channels that perform, and enabling rapid, on-time customer delivery. With its robust platform and proven scalability, CommerceHub helped nearly 10,000 retailers, brands, and distributors achieve an estimated $13+ billion in Gross Merchandise Value in 2016.

Investor Relations Contact:
Erik Morton
1-206-971-7712
investor@commercehub.com

Media Contact:
Sara Ajemian
DiGennaro Communications
1-917-499-6592
sara.ajemian@digennaro-usa.com

Source: CommerceHub/globenewswire

METRIC USA RELEASES LATEST INNOVATIVE PRODUCT JUST IN TIME FOR SUMMER: COLLAPSIBLE INSULATING BEER CAN SLEEVES

CULVER CITY, CA, USA, 2017-Apr-20 — /EPR Retail News/ — Metric USA, a full-service, family-owned and operated company specializing in designing, developing, and producing a wide range of products that embody good design, simplicity, and beauty, announced they have officially released their latest revolutionary product, Collapsible Beer Can Sleeves, just in time for summer cookouts and hangouts.

Developed to provide comfort and convenience for keeping beer cans cool and drinker’s hands dry, the beer sleeves’ inner dimension of 2.6” and 4” in height can hold 12 oz. cans or stumpy bottles with perfect grip.

“We’ve designed the sleeves to be collapsible so they are easily folded and taken along with consumers for ice cold beers anywhere, at any time,” said Rita Haft, Founder and Owner of Metric USA. “Plus, we’ve taken special care to make sure they are eye-catching in nature, and will complement any setting perfectly.”

The beer sleeves are equipped with a reversible, double-sided design. They are made from innovative material known as metric 66 for better insulation, which prevents hands from freezing and drinks cold. Additionally, they come with sturdy, stretchy handles to assist in holding the sleeve.

The sleeves come in 6-pack and 2-pack options, with various color options for adding a touch of personalization to the drinking experience. Not only for beer cans, but Metric USA can sleeves are ideal to use on 12 Oz. soda cans as well to keep them chilled much longer.

These sleeves are durable, firmly grip, insulate, and protect beer cans throughout the entire 2017 summer and many summers to come,” said John Grant, a satisfied customer. “Warm sodas and beers are a thing of the past when investing in this convenient product. Spread the word about our latest product, and head on over to Amazon today to purchase one of these must have summer accessories.”

To purchase or get additional information on our must have can sleeves, you can see both the 2-pack and 6-pack options, at: https://www.amazon.com//dp/B06Y42GLWW

To check out Metric Products’ social media accounts, visit: https://shopmetricusa.com

Subscribe to our YouTube Channel: https://www.youtube.com/channel/UCb1KcskM2BRi6zA8ltSjbQA

Contact: Katie Smith

 

90% of Businesses Practice Regular Sustainable Activities According to Staples Sustainability Survey

FRAMINGHAM, Mass, 2017-Apr-15 — /EPR Retail News/ —  Staples, Inc. (NASDAQ: SPLS),  an industry leader in sustainable efforts, found that more than 90% of businesses practice some form of eco-friendly activity regularly, including recycling, making energy-efficient choices, and/or shopping for more eco-friendly products.

“Making daily green choices is not a trend, it is a regular ritual and a priority for our customers,” said Mark Buckley, vice president, environmental affairs, Staples, Inc. “Our survey found that both businesses and individuals engage in some form of regular eco-friendly activity both in the workplace and at home, and are actively seeking environmentally conscious choices. Staples is excited to be a trusted partner through our large sustainable product assortment and extensive recycling services.”

The Staples sustainability study revealed:

  • 89% of businesses and consumers believe that eco-friendly products are the same or higher quality than non-eco products
  • While 74% of consumers recycle containers made of glass, metal or plastic, only 51% recycle electronics at the end of their life
  • 59% of businesses implement one or more energy efficient practices

The findings come from the Staples sustainability survey, conducted by Frank N. Magid Associates, Inc. to further understand the commitment of businesses and consumers to sustainability in the workplace and at home. This 2016-2017 customer sustainability survey was conducted online, among 600 U.S. consumers and 1,300 businesses (small businesses to commercial and enterprises), from December 28, 2016 to January 6, 2017. Those surveyed were the office or household product and service decision-maker or influencer.

Earlier this month, ENERGY STAR recognized Staples for its energy efficiency practices, awarding the company an ENERGY STAR Partner of the Year Award for the eighth year in a row. This recognition is just one of the many ways Staples is leading the industry in various sustainable practices including conserving energy, selling more sustainable products and recycling. In 2016, Staples, the only retailer to offer completely free electronics recycling year round, helped customers recycle more than 25 million pounds of office technology and sold more than $4 billion in products with environmental features globally.

Earth Week Celebrations In-Store and Online
During Earth Week (April 16- April 23) Staples is further incentivizing customers to make greener choices with various electronics recycling offers and discounts on select eco-friendly office essentials including Staples® Sustainable Earth ™ products.

  • Electronics Recycling – While Staples offers free electronics recycling all year round, during Earth Week Staples Rewards members who recycle old electronics will receive a coupon for $10 off their next purchase of $30 or more. The offer is redeemable in store for Rewards Members only. Customers who are not already Rewards Members can easily sign up online or in-store to be eligible for the coupon.
  • Eco-Friendly Office Essentials Including Sustainable Earth™ by Staples– During “Earth Week” customers can enjoy 30% off their online purchase of select eco-friendly office essentials. Staples® Sustainable Earth ™ products include high-quality surface cleaners, recycled paper products and office supplies that are economical and sustainable for a range of needs.

For more information on how Staples is helping customers be more sustainable at work and at home, visit http://www.staples.com/sustainability.

About Staples, Inc.
Staples helps business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates primarily in the United States and Canada, with additional operations in South America and Asia. More information about Staples(NASDAQ: SPLS) is available at www.staples.com.

SOURCE: Staples, Inc.

Staples, Inc.
Meghan McCarrick, 508-253-2379
Meghan.McCarrick@Staples.com
or
Carrie McElwee, 508-253-1405
Carrie.McElwee@Staples.com

Staples Recognized for Energy Efficiency Achievements for Eighth Consecutive Year

FRAMINGHAM, Mass, 2017-Apr-15 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) has been named a 2017 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for continued leadership in protecting the environment through superior energy efficiency achievements, the eighth year in a row the company has been honored. Staples’ accomplishments will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. on April 26, 2017 at a ceremony at the Marriott Wardman Park Hotel.

Staples, an ENERGY STAR partner since 1990, will be honored for the contributions made to energy reduction at their facilities, its continued commitment to climate change and going above and beyond for educating associates and future generations of students. The company has reduced its kwh consumption every year by participating in the ENERGY STAR program, engaging associates on the benefits of energy reduction via employee rallies and utilizing energy saving campaigns complete with signage, graphics and videos, to help the company meet its energy reduction goals.

“Our success is based on continuous improvement, a focus on strategy and implementation, and a seasoned energy team that is relentless in getting things done,” said Bob Valair, Staples’ director of energy and environmental management. “We are fortunate to have an executive team at Staples that supports our implementing projects that impact our bottom line and ability to have a positive impact on climate change.”

In 2015 alone, ENERGY STAR and its partners saved American businesses and consumers 503 billion kilowatt hours and $34 billion dollars on their energy bills, while achieving broad emission reductions.

The 2017 Partner of the Year – Sustained Excellence Awards are bestowed upon a diverse set of organizations that have demonstrated continued leadership in energy efficiency. Winners hail from small, family-owned businesses to Fortune 500 organizations – representing energy-efficient products, services, new homes, and buildings in the commercial, industrial, and public sectors.

For a complete list of 2017 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners.

About Staples, Inc.
Staples helps business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates primarily in the United States and Canada, with additional operations in South America and Asia. More information about Staples(NASDAQ: SPLS) is available at www.staples.com.

About ENERGY STAR
ENERGY STAR has 16,000 partners working to protect the environment through greater energy efficiency, including manufacturers, retailers, public schools, hospitals, real estate companies, and home builders. Since 1992, ENERGY STAR and its partners have saved American families and businesses $430 billion on their energy bills and 4.6 trillion kilowatt-hours of energy, while achieving broad emissions reductions—including 2.8 billion metric tons of greenhouse gas emissions.

ENERGY STAR® is the simple choice for energy efficiency. For 25 years, EPA’s ENERGY STAR program has been America’s resource for saving energy and protecting the environment. Join the millions already making a difference at energystar.gov.

SOURCE: Staples, Inc.

Staples, Inc.
Scott Michel, 508-253-4272
Scott.Michel@staples.com
or
ENERGY STAR
Kristinn Sharpe, 202-343-9062
Sharpe.Kristinn@epa.gov

eBay and Flipkart to jointly pursue eCommerce opportunities in the Indian market

eBay and Flipkart to jointly pursue eCommerce opportunities in the Indian market

 

Accelerating and maximizing the opportunity in India in partnership with Flipkart.

San Jose, CA and Bangalore, India, 2017-Apr-12 — /EPR Retail News/ — eBay Inc. (NASDAQ: EBAY), a global commerce leader, and Flipkart, a leading eCommerce company in India, have agreed to jointly pursue eCommerce opportunities in the Indian market.  In exchange for an equity stake in Flipkart, eBay will make a $500 million cash investment in and sell its eBay.in business to Flipkart.  Flipkart will own and operate the eBay.in business upon the close of the transaction. eBay and Flipkart have also entered into an exclusive agreement in which they will jointly pursue cross-border trade opportunities to make eBay’s global inventory accessible to more India consumers, while eBay’s millions of active buyers globally will have access to more unique Indian inventory provided by Flipkart.

“The combination of eBay’s position as a leading global eCommerce company and Flipkart’s market stature will allow us to accelerate and maximize the opportunity for both companies in India,” said Devin Wenig, President and CEO of eBay Inc.  “eBay is committed to winning in India in partnership with Flipkart.  Our exclusive global trade partnership will allow eBay and Flipkart to reach even more consumers around the world.”

“This partnership between Flipkart and eBay is the coming together of two pioneering innovators who have disrupted commerce by applying technology. It bodes well for Indian and global customers, sellers and the wider eCommerce ecosystem. eBay.in has built a strong presence in India over the years and we hope to take it to greater heights as part of the Flipkart group,” said Binny Bansal, Group CEO, Flipkart.

Upon the close of the transaction, which is expected later this year, Flipkart will acquire eBay’s buyers in India.  eBay will remove the number of active buyers in India from its reporting during the quarter in which the transaction closes.  eBay does not expect this transaction to have a material impact on its guidance provided on January 25, 2017.

Forward-Looking Statements

This press release contains forward-looking statements relating to, among other things, the future performance of eBay Inc. and its consolidated subsidiaries.  These statements are based on eBay’s current expectations, forecasts and assumptions and involve risks and uncertainties.   Actual results could differ materially from those predicted or implied in this press release for a variety of reasons. You can find more information about risks, uncertainties and other factors that could affect our operating results in our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q, copies of which may be obtained by visiting eBay’s Investor Relations website at https://investors.ebayinc.com or the SEC’s website at www.sec.gov.  You should not rely on any forward-looking statements. All information in this press release is as of April 10, 2017, and we do not intend and undertake no duty to update this information.

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.

About Flipkart Group

The Flipkart Group is India’s largest e-commerce marketplace and includes group companies Flipkart, Myntra, Jabong and PhonePe. Launched in October 2007, Flipkart offers over 80 million products across 80+ categories and is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns – innovations that made online shopping more accessible and affordable for millions of customers. Together with Myntra and Jabong, which hold dominant positions in the online fashion market, and PhonePe, India’s first UPI based payment app with offerings in nine languages, the Flipkart Group has led the transformation of commerce in India.

Contact:

(408) 376-7400

Source: eBay Inc.