Dirty Hippy Swag officially launches their fashion line on April 20, 2017!

Oakland, CA, 2017-Apr-11 — /EPR Retail News/ — Dirty Hippy Swag announces the official launch date for their fashion line: April 20, 2017!

Dirty Hippy Swag is an e-commerce startup, exclusively located online at www.dirtyhippyswag.com. With an ever-expanding collection, Dirty Hippy Swag specializes in comfortable street style apparel, as well as laser-cut designed and hand-beaded jewelry.

Founder and Designer Marisa Rheem believes in having clothes and jewelry that truly speak to her customers, making them feel safe and stylishly armored. As fellow millennial Madeline Harmon enthuses, “self-care and fashion have never looked so good!” It’s no accident that this company encompasses hoodies, sweatpants, and t-shirts: things we wear when we want to feel safe.

A fashion line emblazoned with cheeky, unwelcoming statements, Dirty Hippy Swag is the perfect platform to send a humorous yet powerful message. From their “Existential Crisis” sweatpants to their “Anti Social Club” necklace, Dirty Hippy Swag’s apparel and laser-cut designed jewelry allow you to clearly convey your mood to those around you without even needing to speak. Instead of feeling guilty and apologetic about needing time to unwind, slip into some Dirty Hippy Swag and let your clothes shield you from the outside world’s demands.

Oakland’s fresh new enterprise answers an unmet need for socially relevant fashion. Dirty Hippy Swag celebrates their customers’ purchasing power by transforming it into an opportunity to give back. By donating a portion from every purchase to trusted animal rescue organizations around the world, Dirty Hippy Swag bridges the gap between pursuing individual style and fulfilling our collective social responsibility as caretakers of this planet.

At the start of each new quarter, customers and fans can vote for their favorite animal rescue organization to become the next quarter’s beneficiary. This first season’s inaugural beneficiary is Rocket Dog Rescue, an all-volunteer nonprofit group dedicated to saving homeless and abandoned Bay area animals from euthanasia. Dirty Hippy Swag’s ultimate mission is to support the hardworking, silent heroes who dedicate their blood, sweat and tears to saving animals each and every day. By enhancing your wardrobe with Dirty Hippy Swag, you can help bring this vision to life.

For press inquiries, promotion opportunities, collaborative ventures, high-resolution images, or to book an interview, contact Marisa Rheem.

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For press inquiries, promotion opportunities, collaborative ventures, high-resolution images, or to book an interview, contact Marisa Rheem at 301-802-0551 or email, dirtyhippyswag@gmail.com, or visit the website at www.dirtyhippyswag.com. 8016 Shepherd Canyon Rd., Oakland, CA. 94611

SOURCE: EPR Network

CBRE marks the tenth consecutive year of being recognized for ENERGY STAR performance

CBRE recognized for its ongoing commitment to protect the environment

Los Angeles, 2017-Apr-07 — /EPR Retail News/ — The U.S. Environmental Protection Agency (EPA) has recognized CBRE Group, Inc. (NYSE:CBG) with a 2017 ENERGY STAR® Partner of the Year – Sustained Excellence Award for its continued leadership in protecting our environment through superior energy efficiency. This marks the tenth consecutive year that CBRE has been recognized for ENERGY STAR performance.

Since its inception, ENERGY STAR and its partners have helped prevent a total of more than 2.8 billion metric tons of greenhouse gas emissions, providing societal benefits by reducing damage from climate change. ENERGY STAR and its partners save American businesses and consumers 503 billion kilowatt hours and $34 billion on their energy bills annually.

“During the past decade we have worked diligently to expand our efforts to use the tools of the EPA to benchmark our portfolio, educate and train our staff on energy efficiency and provide consistently positive outcomes for our clients and their properties,” said David Pogue, CBRE’s Global Director of Corporate Responsibility. “Since we began our efforts in 2006, we have relied upon the resources of EPA ENERGY STAR, making it the foundation of our practice. It is as important to our success today as it was the day we started. We are proud to be associated with EPA.”

CBRE assists owners and occupiers with energy efficiency programs at properties it manages around the world and ENERGY STAR is a powerful tool that is driving sustainability and has become an industry recognized symbol of highly efficient space. Since CBRE first developed its environmental sustainability program in 2006, ENERGY STAR has remained the operational framework for advancing energy efficiency practices in the company’s managed portfolio.

These efforts have produced strong results:

  • Since 2007, CBRE has successfully improved its average ENERGY STAR score, achieving a cumulative increase of 9.5% and was in the top quartile of performance in 2016;
  • CBRE experienced a cumulative 16% reduction in average normalized site energy intensity over the past 10 years, including a savings of 19,836,450,762 kBtu, the equivalent of reducing 9,791,731 passenger vehicle miles driven in an entire year;
  • CBRE has 1,975 buildings representing more than 314.5 million square feet participating in the program, significantly more than from any other third-party management firm;
  • CBRE’s 288 labeled ENERGY STAR buildings under management represent nearly 3.5% of the total U.S. office buildings labeled.

CBRE offers a wide range of sustainability initiatives under its environmental sustainability program, which includes global commitments in 11 key areas of environmentally sound performance. These include resource management, occupancy, communications and training, public policy and procurement. The program provides best practices and initiatives that strengthen CBRE’s own environmental commitment, reflect the best environmental practices in our clients’ properties, and provide vital training and education to CBRE professionals.

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.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

MEDIA CONTACT:
Robert McGrath
Senior Director, Global Media Relations
+1 212 9848267

Source:  CBRE Group, Inc.

Diebold Nixdorf becomes the first ATM manufacturer ready to support the Microsoft® Windows 10 operating system

NORTH CANTON, Ohio, 2017-Apr-07 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, today (April 6, 2017) announced it is the first automated teller machine (ATM) manufacturer ready to support the Microsoft® Windows 10 operating system. The move to the latest operating system and application platform is an opportunity for financial institutions to benefit from greater security against modern cyber threats, meet regulatory compliance standards, and enhance the consumer experience with future-looking services and transactions.

“We are not only the first ATM manufacturer readily available to support Windows 10, but have been shipping processors that are Windows 10 compatible since mid-2014,” said Ulrich Näher, Diebold Nixdorf senior vice president, systems. “This is a true testament to our company’s ‘future-proof’ development mentality and protecting our customers’ investments – that meet the needs of today and anticipate those of tomorrow.”

In addition to following the Intel® and Microsoft support guidelines, Diebold Nixdorf’s migration to a 64-bit operating system provides customers with the best experience, allowing them to take full advantage of the memory and processor features, such as advanced security. Diebold Nixdorf is the only known manufacturer to invest in this approach, but has done so to proactively prepare financial institutions for a future where 32-bit versions of Windows 10 will not be available. All current applications can continue to run in 32-bit, as needed.

“We have been working diligently with other industry groups to ensure our customers are better prepared and to make this migration as easy as possible,” said Alan Kerr, Diebold Nixdorf senior vice president, software. “Ultimately, this is about more than just migrating to the latest operating system—it’s about improving and modernizing consumer experiences to advance connected commerce in the financial services industry. The scale and flexibility of our software solutions enable us to serve as a true partner to financial institutions of all sizes as we navigate these changes and drive the future of consumer transactions.”

The release of Diebold Nixdorf’s Windows 10 supported foundational software packages will provide financial institutions and partners with the most time to test and certify their respective applications prior to the end of support for Windows 7. Migration to Windows 10 will be necessary to complete by Jan. 14, 2020.

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.

Media Relations:

Renee Murphy
+1-330-490-5825
renee.murphy@dieboldnixdorf.com

Investor Relations:

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

SOURCE: Diebold Nixdorf

Intershop expands its footprint in North America with Dev9 partnership

  • Leading cloud-first software development firm will support Intershop in enterprise and complex B2B technology implementations

San Francisco, CA, 2017-Apr-06 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, announced today a formal partnership with Dev9, a leader in cloud-focused, custom software development. The relationship furthers Intershop’s U.S. partner expansion strategy.

Intershop selected Dev9 for the organization’s unique set of skills and capabilities including Cloud and automation. Furthermore, Dev9 is a fit with Intershop’s quality-first, continuous software delivery methodology. This provides constant business value by making it easy to consume new updates and roll out new features.

“Dev9’s deep experience architecting and developing e-commerce systems for enterprises will expedite development by providing technology delivery with a high level of automation”, Andrej Maihorn, VP Customer Innovations at Intershop, said. “This dramatically improves time to market.”

The companies will work together on large enterprise and complex B2B client projects in North America. Dev9 will help increase Intershop’s footprint in North America as a part of Intershop’s continued partner growth strategy in this region.

Mike Ensor, VP of Delivery at Dev9, says “We thrive on creating software that has the power to revolutionize business. We design for the flexibility, scalability, predictability and rapid deployment that are needed for companies to run smoothly and remain competitive. With the versatility of Intershop’s platform, we can design and implement custom, diverse software solutions tailored to each client without impacting upgrade capabilities.”

About Dev9

Accelerating Cloud Adoption

Dev9 is a custom software development firm focused on Cloud services. With a foundation in Continuous Delivery, our experienced software architects deliver the needed expertise to identify, develop and implement custom Cloud strategies. We offer specialized services for Cloud Adoption, Cloud Infrastructure and Cloud Modernization. Our certified developers operate on Amazon Web Services, Google Cloud Platform and Microsoft Azure to ensure the best results for every project.

Contact Dev9 to get started on your Cloud implementation strategy, and streamline your IT investment: info@dev9.com, (425) 296-2800.

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

Rakuten and Telefarm connect consumers with producers of pesticide-free, pesticide-reduced produce

Ensuring stable revenue for producers while also supporting the
development and independence of new farmers

Tokyo, 2017-Apr-06 — /EPR Retail News/ — Rakuten, Inc. and Telefarm Co., Ltd. today ( April 5, 2017) announced the launch of “Ragri,” an internet-based Community Supported Agriculture (CSA) service that connects consumers with producers of pesticide-free, pesticide-reduced and other agricultural produce.

CSA is a new framework for agriculture in which producers plant crops based on pre-paid orders placed by consumers for specific produce, thereby facilitating planned production and revenue stabilization. In general, agriculture is greatly affected by the timing and quantities of harvests, price trends and external factors such as the weather. With CSA, the sale and purchase agreements are concluded once consumers’ consent regarding such risks has been obtained.

Ragri is based on the Telefarm Remote Farming service that was operated by Telefarm, in which Rakuten announced it had invested in June 2016. The two companies have collaborated to significantly overhaul the Ragri website and service.

Much of the agricultural produce provided through Ragri places particular emphasis on being pesticide-free or pesticide-reduced, or otherwise organic or specially cultivated produce. Users select the produce and producer from which they want to order, and await the harvest while remotely managing the cultivation of the produce from seed or seedling in virtual fields online. Users are able to check up on how the cultivation of the actual produce is progressing through photographs and comments sent by the producers. Once the produce has reached harvest, it is delivered directly from the farms to the locations designated by the users.

Users will be able to use Ragri via Ragri’s PC and smartphone websites by logging in with their Rakuten membership IDs, and will therefore also be able to use their Rakuten membership IDs to pay their Ragri fees via the Rakuten Pay payment service, meaning it will also be possible to earn and use Rakuten Super Points. Furthermore, in cases where typhoons or other natural disasters make it impossible to carry out the harvest, or in cases where the minimum crop yield set for each crop is not reached, users will be granted Rakuten Super Points with a value equivalent to the cultivation fees paid*1. Rakuten and Telefarm are also exploring enhancements to Ragri’s services in the future such as adding a feature enabling users to communicate with producers, and introducing plans for combining a large number of different vegetable items in small quantities.

In addition to providing a platform connecting consumers and producers, Ragri will also support new farmers. Telefarm has already begun recruiting and training new farmers in Ehime Prefecture, and plans to roll out the program nationwide in the future. Alongside promoting CSA through Ragri, Rakuten and Telefarm are also proactively promoting new agriculture and contributing to resolving challenges such as labor shortages and the growing amount of deserted arable land.

*1 Excludes the seed / seedling fee

About the Ragri service

Name: Ragri
Service launch: April 5, 2017
Fee schedule:
– The first payment comprises of a seed / seedling fee (first time only) and a cultivation fee, which are paid at the time of the agreement
– From the first payment onward, the cultivation fee is paid every 30 days in accordance with the agreement period (*The usage fees and number of payments will differ depending on the type of crop, cultivation period and producer)
– Produce delivery is included in the cultivation fee
Payment method: Rakuten Pay (a payment service that utilizes the Rakuten Member ID and supports a wide variety of credit cards)

Source: Rakuten Inc.

Rakuten and Japan Post expand partnership in e-commerce logistics to reduce the redelivery of parcels

Tokyo, 2017-Apr-06 — /EPR Retail News/ — Rakuten, Inc. and Japan Post Co., Ltd. will strengthen their collaboration in e-commerce logistics to reduce the redelivery of parcels by examining various measures to increase the efficiency of deliveries and pick-ups.

1. Background
The e-commerce market continues to grow at an accelerated pace with the continued evolution of the internet and the diversification of consumer needs as e-commerce has become one of the primary means of consumption in daily life.

Rakuten and Japan Post have already collaborated on picking up products purchased on Rakuten Ichiba with “HAKO POST” lockers for receiving Yu-Pack parcels and convenience stores and “Rakuten Box” delivery lockers. Both companies have continued trials and studies for further efficiency in e-commerce logistics and delivery.

However, the ratio of redeliveries to homes remains high and reducing this is a pressing issue in e-commerce logistics. Rakuten and Japan Post are working together on the following to address this issue.

2. Policies under consideration
Rakuten and Japan Post are studying the provision of and policies for a last mile delivery service that allows users of e-commerce services to have products delivered once with certainty, without worrying about missing a delivery.

Specifically, both companies are considering:
(1) Expanding parcel pick up locations (convenience stores, post offices, HAKO POST, and Rakuten Box)
(2) Implementing designated pick-up locations
(3) Expanding notification services
(4) Awarding Rakuten Super Points when parcels are picked up the first time

To promote these measures, Rakuten and Japan Post are working together to offer special delivery fees for purchases made with Rakuten Ichiba merchants.

Rakuten and Japan Post are striving to develop more convenient and robust e-commerce and improve the efficiency of e-commerce logistics.

Source: Rakuten, Inc.

Diebold Nixdorf introduces new innovative banking concept to advance the future of connected commerce

Diebold Nixdorf introduces new innovative banking concept to advance the future of connected commerce

 

NORTH CANTON, Ohio, 2017-Apr-06 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD) is introducing a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday consumer banking transactions.

Driven by a design philosophy that places the user experience at the core, the Essence Concept features:

  • Clean design: A seamless profile, antimicrobial glass touchscreen display and enhanced user interface combine to deliver the future of consumer transactions.
  • Increased security: In addition to the encrypted touchscreen PIN entry and NFC authentication option, the magnetic stripe card reader found on traditional ATMs has been replaced with an EMV chip card reader to authenticate the consumer and eliminate the risk of card skimming.
  • Endless possibilities:  An array of customizable colors and designs and electronic receipt capabilities provides consumers a glimpse into the future with this modern concept.
  • Miniaturized footprint: By eliminating the traditional magnetic stripe card reader, receipt printer and PIN pad, the concept meets the needs of busy, technology-minded consumers and the compact, through-the-wall design fits in busy environments without compromising valuable space.

“Our latest concept delivers the future of consumer transactions by reimagining what the self-service channel looks like,” said Richard Harris, Diebold Nixdorf vice president, design and new technology incubation. “Diebold Nixdorf is uniquely positioned to connect physical and digital channels and guide financial institutions and retailers into the future of connected commerce.”

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.

Media Relations:
Renee Murphy
+1-330-490-5825
renee.murphy@dieboldnixdorf.com,

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

SOURCE: Diebold Nixdorf

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The Forrester Wave™: B2C Commerce Suites, Q1 2017 report ranks Intershop in its top three B2C vendors

  • Top three vendor in current offering
  • Among highest score In B2C solution architecture category
  • Profile highlights: “core commerce capabilities… remain strong”, “strong technical road map”, “deep ecosystem of partners”

San Francisco, CA, 2017-Apr-05 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, has been cited as a Strong Performer in B2C commerce suites in a report published by renowned industry analyst firm Forrester Research, Inc. The report, “The Forrester Wave™: B2C Commerce Suites, Q1 2017” ranks Intershop in its top three B2C vendors based on its current offering score, and is ranked among the top in the B2C solution architecture category.

The report explains that “On top of solid and well-built commerce features, Intershop demonstrates a strong technical road map and a selectively deep ecosystem of partners and developers…”

The report cites that “Intershop is a best fit for brand manufacturers that have complex channel support requirements, need especially well-developed commerce feature functionality, and are looking for flexibility on global pricing and licensing.”

Jochen Wiechen, CEO at Intershop commented: “B2C businesses are at the forefront when it comes to customer expectations and we continue to bring the most ambitious players online in order to help them serve and impress their customers. Intershop technology has been receiving top scores for its commerce offering and architecture from renowned industry analysts all because of our customers’ success with our solution.”

The Forrester research report can be downloaded here: http://www.intershop.com/forrester-wave-b2c-commerce-suites-2017.

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

CommerceHub announces the appointment of Gary Nafus as Chief Revenue Officer

ALBANY, NY, 2017-Apr-05 — /EPR Retail News/ — CommerceHub (NASDAQ: CHUBA) (NASDAQ: CHUBK), a leading distributed commerce network for retailers and brands, today (04/04/17 ) announced the appointment of Gary Nafus as Chief Revenue Officer. As CRO, Nafus will work alongside Founder and CEO Frank Poore to maximize revenue, leading the company’s efforts to identify and execute on opportunities for growth with new and existing customers. In this role, Nafus will oversee CommerceHub’s Sales and Client Service functions and will focus the company’s investments on maximizing value for customers.

“We are committed to partnering with our customers to help them grow and succeed in the rapidly evolving e-commerce industry,” said Poore. “I look forward to working with Gary to drive further growth for our current customers while bringing our expansive network and strategic solutions to new markets.”

Nafus is an enterprise-class software sales executive with nearly 20 years’ experience leading sales for some of the world’s top software companies, including 10 years at Oracle, where he was Vice President of Sales for several verticals including Oracle Retail North America. Most recently, he joins CommerceHub from Marchex where, as CRO, he oversaw the mobile advertising analytics platform’s Sales, Client Services and Marketing departments. Previously, Nafus was Managing Director of Americas for Kenshoo, a global leader in agile marketing.

“I’m excited to join CommerceHub during a time when the company is working strategically with both retailers and brands to meet the increasing demands of consumers to find and buy anything at anytime from anywhere,” Nafus said.

In February, CommerceHub announced 2016 revenue of $100.6 million, a 15% year-over-year increase from 2015. Revenue for the core drop-ship business grew 18%.

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.

Media Contact: 

Mara Dworkin
Mara.Dworkin@DiGennaro-USA.Com

Source: CommerceHub

Amazon and SOUQ.com share the same DNA – Amazon Senior VP Russ Grandinetti

SEATTLE, 2017-Apr-04 — /EPR Retail News/ — Amazon (Nasdaq:AMZN) today (Mar. 28, 2017) announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. Joining the Amazon family will enable SOUQ.com to continue growing while working with Amazon to bring even more products and offerings to customers worldwide.

“Amazon and SOUQ.com share the same DNA – we’re both driven by customers, invention, and long-term thinking,” said Russ Grandinetti, Amazon Senior Vice President, International Consumer. “SOUQ.com pioneered e-commerce in the Middle East, creating a great shopping experience for their customers. We’re looking forward to both learning from and supporting them with Amazon technology and global resources. And together, we’ll work hard to provide the best possible service for millions of customers in the Middle East.”

“We are guided by many of the same principles as Amazon, and this acquisition is a critical next step in growing our e-commerce presence on behalf of customers across the region,” said SOUQ.com CEO and Co-Founder Ronaldo Mouchawar. “By becoming part of the Amazon family, we’ll be able to vastly expand our delivery capabilities and customer selection much faster, as well as continue Amazon’s great track record of empowering sellers.”

Subject to closing conditions, the acquisition is expected to close in 2017.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

About SOUQ.com

SOUQ.com is the largest online retail and marketplace platform in the Arab world, featuring more than 8.4 million products across 31 categories such as consumer electronics, fashion, health and beauty, household goods, and baby. Today, SOUQ.com attracts over 45 million visits per month, with localized operations in the KSA, UAE and Egypt.

SOUQ.com offers a convenient and safe online shopping experience with secure online payments, option to pay cash on delivery and free returns. For more information, visit www.Souq.com.

Media Hotline:

206-266-7180
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

NCR enables restaurants to increase speed of service, improve order accuracy with Consumer Self-Ordering solution

Solution Enables Restaurant Guests to Order from Kiosk

Duluth, Ga., 2017-Apr-04 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today (April 3, 2017) announced an extension to the NCR Aloha Platform that will enable restaurants to increase speed of service, improve order accuracy and increase overall customer satisfaction by providing their customers with a self-ordering kiosk. The Consumer Self-Ordering solution is available now in North America.

“A self-ordering kiosk is yet another strong example of NCR’s omni-channel leadership in the restaurant industry,” said Don Zimmerman, vice president & general manager for hospitality at NCR. “This solution is further proof that NCR is leading the reinvention of how restaurants connect with their customers and create better experiences for them, while controlling costs.”

Restaurants of all types are looking to expand the number of channels in which their guests can connect, interact and transact with them. “Restaurant brands are undergoing an evolution and transforming their operations to become digitally integrated businesses. Omni-channel software that can help integrate physical and digital channels, while aggregating, integrating and presenting enterprise data, is critical to their success,” said Greg Buzek, President, IHL Group.

The NCR Consumer Self-Ordering solution creates a new on-premise channel. Restaurant guests can take their time to review the entire menu, look at special offers and place their order – all without standing in a queue. This can result in a better overall experience for the guest and, typically, higher check averages for the restaurant.

NCR Consumer Self-Ordering software is now available on iPad devices for fast casual and quick-service operators throughout the United States and Canada. The software will be available on built-for-purpose devices and other operating systems later this year, giving restaurant operators choice and flexibility in how they deploy their consumer self-ordering needs.

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

Media Contact:
Tim Henschel
NCR Corporation
770.299.5100
tim.henschel@ncr.com

Source: NCR Corporation

Kroger Stories to highlight its great people, innovative projects, and ideas in new website

CINCINNATI, 2017-Mar-31 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) today (March 28, 2017) launched a new website, www.krogerstories.com.

“We believe customers, associates and other stakeholders are increasingly making decisions about where to shop, where to work, and who shares their values based on how well they understand the ways a company makes a difference for their people, communities and the planet,” said Jessica Adelman, Kroger’s group vice president of corporate affairs. “And in this equation, we believe that stories – credible, authentic, human stories – matter more than perhaps anything else.”

The new website features a variety of voices – produced by both freelancers and Kroger associates – sharing stories about Kroger’s great people, innovative projects, and the ideas that are changing the way we eat, drink, and think about food. The multi-media site will feature long and short-form written content as well as video and photographic storytelling.

“On any given day, nearly half a million Kroger associates are doing incredible work. We get a fresh chance to make personal connections, to lift people up and lighten their load,” said Ann Reed, vice president of Customer 1st Promise. “Krogerstories.com is designed to elevate these unique stories and share the difference our wonderful associates make for our customers, communities and each other.”

Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 443,000 associates who shop or serve in 2,796 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to our 2,255 pharmacies, 784 convenience stores, 319 fine jewelry stores, 1,445 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.

Contact:

Keith Dailey
Director, Media Relations/Corporate Communications
Office: 513-762-1304
Cell: 513-257-4955
Email: keith.dailey@kroger.com

SOURCE: The Kroger Co.

The Forrester Wave™: B2B Commerce Suites, Q1 2017 ranks Intershop as a Leader in B2B commerce suites

  • Scores number two in current offering
  • Among top score in solution architecture category
  • Report highlights: “core commerce capabilities…remain strong”, “strong technical roadmap”, “deep ecosystem of partners”

Jena, Germany, 2017-Mar-30 — /EPR Retail News/ — Intershop, the largest independent technology vendor for omni-channel commerce solutions, has been cited as a Leader in B2B commerce suites in a report published by renowned industry analyst firm Forrester Research, Inc. The report, “The Forrester Wave™: B2B Commerce Suites, Q1 2017” ranks Intershop as number two in current offering, and tied for number one in solution architecture category.

The report cites that “Intershop is a best fit for brand manufacturers that have complex channel support requirements, need especially well-developed commerce feature functionality, and are looking for flexibility on global pricing and licensing.”

The new Intershop Order Management System is also noted by the report; the strong core commerce capabilities of the Intershop Commerce Suite including promotions, channel management, and customization features, as well as its strong technical roadmap and deep partner ecosystem.

As organizations in the B2B sector are building out increasingly sophisticated digital commerce channels, they are able to expand outside their traditional markets, as the recent Intershop research report, “Taking the fast track into the digital future of B2B commerce” shows. However, the Intershop study also highlighted that organizations need to have the right technological infrastructure in place to fully leverage the potential of digitalization.

Jochen Wiechen, CEO at Intershop commented: “A strong commerce platform can help companies master the digital transformation of both their commerce and customer relationship processes. We pride ourselves in understanding what the market needs and developing a feature-reach platform that flexibly meets our customers’ requirements, whether they are only just starting to build their commerce channel, or expanding it across borders. We are delighted that Intershop is recognized as a leader in the B2B commerce market.”

The Forrester research report can be downloaded here: http://www.intershop.com/forrester-wave-b2b-commerce-suites-2017.

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
mail to: pr@intershop.de

Source: Intershop Communications AG

Cashless Drive will Push India’s Retail Sector to New High

Chennai, India, 2017-Mar-22 — /EPR Retail News/ —  The Government’s ambition to make India a cashless economy was further vindicated by its recent Budget proposals for 2017-18 which have series of measures aiming at pushing cashless transactions even by small retailers across India.

The government has made its intention clear when it first introduced Aadhaar (smart) ID cards as mandatory document to open bank accounts, and later linked all existing account holders and LPG subsidy beneficiaries to prevent malpractices.

But there was still a lot of (unaccounted) cash on circulation and more than 90 per cent of transactions were happening through cash in India with corruption reining high at all levels. The demonetization of higher order currencies announced last November was the last nail in the coffin to rid wide-spread corruption, black money and fake currencies, the three major elements which were weakening the very basic pillars of our economy.

The demonetization has indeed created acute cash crunch forcing people to use plastic money and digital transactions. It was definitely a calculative move by the government to make cash scarce and restricting daily withdrawal limits in banks, so that it can effectively push cashless dealings by individuals and traders.

However, it is grossly inadequate to cater over one billion populace with a meager 1.5 million card swiping POS machines presently offered by banks to retailers.

The retail sector, which is experiencing fast-track growth offering over 10 per cent share to the country’s GDP, presently needs at least five million POS machines to meet the existing demand from retail traders. Looking at the future demand for such devices, we need to scale up this figure to 10 million by 2020.

Though banks were instructed to provide three million POS machines by March 2017, the difficulty to procure make-in-India Mobile POS machines has forced many to look for such devices from countries like China, Taiwan, Japan and European nations. Sensing the delay in getting machines in time, the government has recently relaxed the rules for BIS certification for imported POS machines, which will further reduce the cost and speed up the process of equipping traders with mobile POS devices to do cashless transactions.

The unprecedented demand for mobile POS machines in India has made several local businesses vying to consolidate their position by introducing alternate payment solutions such as mobile wallet or digital wallet using smart phones to Indian retailers. The demand for POS machines has also opened a plethora of opportunities for growth for companies manufacturing and marketing POS machines such as magnetic card readers, POS terminals to do retail billing and other allied devices such as receipt printers, barcode scanners, barcode printers, cash registers, etc.

As Point of Sale remains the lifeline for Indian retail sector, the large scale    usage of POS technology which involves software-driven POS system to carry out host of business operations including desktop billing, mobile billing, cashless transaction using credit or debit cards, inventory management, staff management, customer relation management, multi-store sales tracking, and hosts of other back-end operations crucial for business growth.

Today we have a number of grocery retail stores coming up across the country which offer customers a unique shopping experience with modern POS machines and latest mobile technology, which also help automate their business for better performance and growth. POS has changed the way people shop for their daily needs compared to few years ago.

Retail businesses using mobile card payment option has indeed helped many augment their business. With government announcing a lot of sops for POS sector in its Budget for 2017-18 fiscal, the intention is clear to make the country a cashless economy treading through ‘Point of Sale’. The move will further trigger the already fast-paced retail sector to worth a whopping USD one trillion by 2020 from the present 600 million.

As majority of POS payment devices need to be imported (to meet the target of three million POS machines by March 2017), the government has eased the import norms to make it available freely in the Indian market. The Union budget has proposed tax exemptions in basic customs duty, special additional duty and excise duty for manufacturers of PoS card readers, fingerprint readers, mobile PoS (mPoS) and iris scanners.

The tax exemptions will encourage domestic manufacturers to produce card swipe machines and biometric devices in reduced cost which will strengthen better penetration for digital and Aadhaar-enabled payment systems.

Bhaskar Venkatraman speaks on Union Budget for 2017-18 and its impact on Indian retail sector and POS technology products.

Millennium India is looking at it as a great opportunity to reach out to millions of retailers with latest POS technology products which include mobile card swipe machines, mPOS devices, POS terminals and other allied devices which will help strengthen digital payment environment in the country. As demand is going to be unprecedented in the coming years, apart from managing through offline marketing, we are also pushing POS devices through our e-commerce arm justransact.com, an exclusive online marketplace for POS technology products,” says Bhaskar Venkatraman, CEO and Director of Millennium Soft-Tech (India) Pvt Ltd and JusTransact.com.

The budgetary proposal to impose banking cash transaction tax on withdrawals above Rs 50,000 will further push customers towards digital transactions. This, along with abolishing of merchant discount rates charges on usage of credit/debit card and giving 50 per cent subsidy on biometric devices will bring more small traders towards cashless transaction. This will also encourage them to use POS machines as they no longer lose revenue in each card transaction.

So, there will be huge demand for POS products in India in the coming years from retailers and POS sector is gearing up to meet the demand and become major stake holder for retail sector’s growth metrics.

After ‘digital India’ initiative, the government’s latest push to make the country a cashless economy  through demonetization and digital payments will create windfall for POS manufacturers and dealers in India as the demand for such devices are going to witness astronomical rise in the coming months.

 

For Media Contact: 

K Ramanathan

ram@justransact.com,  ram.justransact@gmail.com

Millennium Retech Ventures India Pvt Ltd,

G-19,2nd  Floor,Block-16, 2nd Main Road,
Ambattur Industrial Estate, Chennai-600 058.

91+ 9384612789

PVH further participates in the fast growing online channel with the acquisition of direct-to-consumer e-commerce retailer True&Co.

NEW YORK, 2017-Mar-22 — /EPR Retail News/ — PVH Corp. [NYSE: PVH] announced today (Mar. 16, 2017) that it has entered into an agreement to acquire True&Co., a direct-to-consumer intimate apparel e-commerce retailer. True&Co. is changing the way women shop online by redesigning the art of bra shopping. It uses a proprietary fit quiz to recommend bras and other intimates that will best fit the responding consumer. Leveraging its consumer-centric data for the over five million women who have taken its quiz, True&Co. enables women to embrace an entirely different and personalized lingerie shop that offers a fun, fashionable and truly intimate experience. This acquisition will enable PVH to further participate in the fast growing online channel and provides a platform to increase innovation, data driven-decisions and speed in the way it serves its consumers across its channels. The terms of the transaction were not disclosed.

Emanuel Chirico, Chairman and Chief Executive Officer, PVH Corp., commented: “Today’s announcement illustrates our commitment to driving innovation across our business and demonstrates our commitment to making strategic investments in our digital platforms to support our long-term growth initiatives. We believe that we can leverage the analytics tools of this data-driven company, while leveraging PVH’s intimates category expertise, including global brand management, product know-how and supply chain.”

“Five years ago, I founded True&Co. to change the way women shop for intimate apparel. In PVH, we have a strategic partner who can help us bring this change to as many customers as possible. We look forward to joining PVH’s portfolio of brands and to help drive growth initiatives for PVH’s other brands,” said Michelle Lam, Co-founder of True&Co.

About PVH Corp.

With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 30,000 associates operating in over 40 countries and over $8 billion in annual revenues. We own the iconic CALVIN KLEIN, Tommy Hilfiger, Van Heusen, IZOD,ARROW, Speedo*, Warner’s and Olga brands, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.

*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International, Ltd.

About True&Co.

True&Co. provides a unique lingerie e-commerce experience. Founded in 2012 by Michelle Lam, based in San Francisco and designed in New York City, True&Co. originated the online Fit Quiz that transformed the way women shop online by matching recommendations far beyond typical measurements. Leveraging more than 130 million data points for over five million women to date, the company provides a uniquely personalized customer experience with great product.

PVH CORP. SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements made in this press release, including, without limitation, statements relating to PVH Corp’s (the “Company”) future plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company may be considered to be highly leveraged, and uses a significant portion of its cash flows to service its indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past; (iii) the levels of sales of the Company’s apparel, footwear and related products, both to its wholesale customers and in its retail stores, the levels of sales of the Company’s licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by the Company’s licensors and other factors; (iv) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth and inventory; (v) the Company’s operations and results could be affected by quota restrictions and the imposition of safeguard controls (which, among other things, could limit the Company’s ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials, the Company’s ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company’s products can best be produced), changes in available factory and shipping capacity, wage and shipping cost escalation, and civil conflict, war or terrorist acts, the threat of any of the foregoing, or political and labor instability in any of the countries where the Company’s or its licensees’ or other business partners’ products are sold, produced or are planned to be sold or produced; (vi) disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas, as well as reduced consumer traffic and purchasing, as consumers become ill or limit or cease shopping in order to avoid exposure; (vii) the failure of the Company’s licensees to market successfully licensed products or to preserve the value of the Company’s brands, or their misuse of the Company’s brands and (viii) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.

Risks and uncertainties related to the acquisition include, among others: the risk that the conditions to the closing are not satisfied and the transaction is not completed; uncertainties as to the timing of the acquisition; competitive responses to the acquisition; the inability to obtain, or delays in obtaining, synergies from the acquisition; unexpected costs, charges or expenses resulting from the acquisition; litigation relating to the acquisition; the inability to recognize the expected benefits of the acquisition; the inability to integrate the acquired business without disruption to the acquired business or existing operations; and any changes in general economic and/or industry specific conditions.

The Company does not undertake any obligation to update publicly any forward-looking statement, whether as a result of the receipt of new information, future events or otherwise.

Contact:
Dana Perlman
212-381-3502
Treasurer and Senior Vice President, Business Development & Investor Relations
communications@pvh.com

Source: PVH Corp.

BLINGBY ANNOUNCES PARTNERSHIP WITH BRITISH POP DUO OMYO

BLINGBY TURNS BAND’S MUSIC VIDEOS INTO UNIQUE SHOPPING EXPERIENCES;
OMYO THE FIRST BAND TO TAKE ADVANTAGE OF ‘BLINGBY LIVE’

NEW YORK, 2017-Mar-21 — /EPR Retail News/ — Blingby has today announced a cutting-edge partnership with emerging British pop act OMYO, which sees its patented advertising technology turn the band’s music videos, concerts and more into unique shopping experiences for consumers around the world.

As part of the deal, the innovative advertising and marketing omnichannel platform will curate a series of unique videos that lets viewers shop the stars’ styles as they see them with its ‘bbstream technology’ – a portable scrolling selection of fashion, products and destinations as seen in the videos. Viewers can watch and purchase the styles or book a flight or hotel inspired by the video with the click or tap of a button.

Oxfordshire-born urban pop act OMYO found fame last year when they provided the soundtrack to New Look’s Autumn/Winter fashion campaign with critically acclaimed single ‘Lady’. They have since gone on to become BBC Introducing favourites and receive plays from the likes of BBC Radio 1 Xtra’s Charlie Sloth.

OMYO’s close links to fashion retailers – ranging from New Look to Ellesse – made the band a natural fit for Blingby’s advertising capabilities. As fans watch their music videos, live performances and more, they can simultaneously watch and shop interactively through the bbstream.

At a recent headline show in New York, OMYO also became the first band to use Blingby’s Live technology – the world’s first real-time consumer shopping experience designed for concerts, fashion shows and more.

OMYO and Blingby will also be collaborating on the duo’s next music video for their upcoming single, ‘Days With You’. The video will be bbTagged by Blingby and will feature items of clothing from fashion retailer River Island.

Founder and CEO of Blingby, Marcia Favale, commented on the partnership: “OMYO is right there fusing the boundaries of music and fashion. They have worked with some absolutely aspirational fashion brands – ASOS, Adidas, Ellesse, Blood Brother and more. They know exactly what their fans want to wear and OMYO is inspiring new trends. Through Blingby, OMYO can promote labels whilst maintaining creative integrity. Blingby is the platform designed to bridge that gap and make a connection between music fans and what the stars are wearing.”

OMYO added: “We are always looking for brand new ways of engaging with our fans and followers and Blingby adds a whole new dimension to our videos. Incorporating the Blingby videos into our Facebook page and posts is especially helpful as it is so difficult to stand out on social media these days, but having a video that doubles as an interactive browsing experience provides exactly that.”

Watch ‘Lady’ by OMYO on Blingby here:
https://blingby.com/music-video/omyo-lady

Watch Blingby Live in action at OMYO’s New York show here:
https://blingby.com/video/daydreamers

Watch OMYO Visual Bio on Facebook with Blingby Technology
https://www.facebook.com/omyofficial/app/106171216118819/

For more information:

www.blingby.com

http://omyomusic.com

Notes to Editors

About Blingby

Blingby is a revolutionary advertising and marketing platform. Through Blingby’s website and app, users can watch their favourite music videos, movie trailers and more, while Blingby’s innovative ‘BBStream’ technology provides a synchronised on-screen feed of clothing, accessories, motors, homeware as well as luxury venues and locations. While watching the videos, users can click to purchase the items, rent venues and book holidays that appear on screen there and then, allowing them to truly live the experience.

Blingby is currently available on the web at www.blingby.com and as an Android or iOSmobile app through Google Play and iTunes. Launched in August 2015, Blingby has reached millions of users worldwide and currently spans 135 countries.

About OMYO

London-based pop duo OMYO (pronounced Ohm-Yo, an acronym for ‘Our Music Your Opinion’) is made up of Oxfordshire-born Tom McCorkell (24, vocals) and William Edward (27, music and backing vocals) who have been making music together since they took on a bet to write a song one New Year’s Eve. After finding their sound in a mix of infectious acoustic and synth-inspired urban-pop, the band has gone on to play the UK festival circuit including a set at Wireless Festival, and have been featured on by Charlie Sloth on BBC Radio 1 Xtra. William has simultaneously kept alive a successful career in modelling with brands such as Nike and Schott NYC.

Logo:

Shopify Announces Strong Financial Results for 2016

  • Fourth-Quarter Revenue Grows 86% Year on Year
  • Fourth-Quarter Gross Merchandise Volume (GMV) Grows 94% Year on Year
  • Shopify reports in U.S. dollars and in accordance with U.S. GAAP

Ottawa, Canada, 2017-Mar-17 — /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 (Feb 15, 2017) announced strong financial results for the quarter and full year ended December 31, 2016.

“Our work at Shopify is to help entrepreneurs thrive in a space that’s changing all the time, and we did our job especially well this past holiday season,” stated Tobi Lütke, founder and CEO of Shopify. “That eight of our ten top sellers over the Black Friday Cyber Monday weekend were merchants that had upgraded from lower-priced plans reminds us that today’s startups become tomorrow’s superstars, at a velocity that appears to be increasing all the time. As the engine powering the growth of these merchants, Shopify has an opportunity that stretches years into the future.”

“That we grew revenue by 90% and GMV by 99% for the full year 2016 speaks to the enormous opportunity in retail right now and our strategic position within it,” commented Russ Jones, Shopify’s CFO. “Throughout 2017 we will continue to build out our ability to seize this opportunity by expanding not only our existing features, such as channels, payments, shipping and capital, but also our facilities and infrastructure.  These investments are timely, as we expect the number of merchants on Shopify to continue expanding rapidly and their collective sales volumes to continue to grow at a rate several times that of overall retail.”

Fourth-Quarter Financial Highlights

  • Total revenue in the fourth quarter was $130.4 million, an 86% increase from the comparable quarter in 2015. Within this, Subscription Solutions revenue grew 63% to $56.4 million.  This increase was driven by the continued rapid growth in Monthly Recurring Revenue1 (“MRR”). The number of merchants on the Shopify platform surpassed 375,000 in the fourth quarter, as a record number of merchants joined the platform in the period.  Merchant Solutions revenue grew 108% to $74.0 million, driven primarily by the growth of Gross Merchandise Volume2(“GMV”).
  • MRR as of December 31, 2016 was $18.5 million, up 63% compared with $11.3 million as of December 31, 2015.
  • GMV for the fourth quarter was $5.5 billion, an increase of 94% over the fourth quarter of 2015.  Gross Payments Volume (“GPV”), which is the amount of GMV processed through Shopify Payments, grew to $2.2 billion, which accounted for 39% of GMV processed in the quarter, versus $1.0 billion, or 37%, for the fourth quarter of 2015.
  • Gross profit dollars grew 87% to $68.1 million as compared with the $36.5 million recorded for the fourth quarter of 2015.
  • Operating loss for the fourth quarter of 2016 was $9.3 million, or 7% of revenue, versus $6.5 million, or 9% of revenue, for the comparable period a year ago.
  • Adjusted operating loss3 for the fourth quarter of 2016 was 1% of revenue, or $0.8 million; adjusted operating loss for the fourth quarter of 2015 was 2% of revenue, or $1.3 million.
  • Net loss for the fourth quarter of 2016 was $8.9 million, or $0.10 per share, compared with $6.3 million, or $0.08 per share, for the fourth quarter of 2015.
  • Adjusted net loss3 for the fourth quarter of 2016 was $0.4 million, or $0.00 per share, compared with an adjusted net loss of $1.1 million, or $0.01 per share, for the fourth quarter of 2015.
  • At December 31, 2016, Shopify had $392.4 million in cash, cash equivalents and marketable securities, compared with $190.2 million on December 31, 2015.

Fourth-Quarter Business Highlights

  • GMV during the holiday shopping weekend spanning Black Friday through Cyber Monday more than doubled over the comparable period last year as the level of activity on the Shopify platform reached a peak of nearly 3 million requests per minute.
  • Multi-channel continued to prove to be an effective strategy to support merchants, as percentage growth of GMV over social channels far outpaced that of our more traditional retail channels, such as point of sale and the online store.
  • Mobile traffic to merchants’ stores continued to grow, reaching 69% of traffic and 55% of orders at the end of 2016, versus 61% and 46%, respectively, at the end of 2015.
  • Shopify’s Sell on Amazon integration was made generally available to merchants in December. Designed to seamlessly connect Shopify store owners to the millions of customers searching for products to buy on Amazon, merchants can now conveniently manage their product catalog for their ecommerce website, retail store, Amazon store, and other sales channels all in one place.
  • Since the start of the year, Shopify launched its inaugural Build a Bigger Business competition. The new competition, which augments Shopify’s Build a Business competition, aims to equip established small and medium-sized businesses and trend-setting entrepreneurs with the tools and mentorship needed to achieve their ultimate growth objectives. Winners in each category will take a once-in-a-lifetime entrepreneurial getaway at the Namale Resort and Spa in Fiji with Tony Robbins and other business mentors.

Full-Year Financial Highlights

  • Total revenue for the full year grew 90% to $389.3 million, compared with $205.2 million in 2015. Within this, Subscription Solutions revenue grew 68% to $188.6 million and Merchant Solutions revenue grew 115% to $200.7 million.
  • GMV for 2016 was $15.4 billion, an increase of 99% over 2015.  GPV grew to $5.9 billion in 2016, or 39% of GMV, versus $2.7 billion, or 35% of GMV, for 2015.
  • Gross profit dollars grew 85% over 2015 to $209.5 million, versus $113.3 million for 2015.
  • Operating loss for 2016 was $37.2 million, or 10% of revenue, versus $17.8 million, or 9% of revenue, for 2015.
  • Adjusted operating loss3 for 2016 was 3% of revenue, or $12.1 million; adjusted operating loss for 2015 was 3% of revenue, or $6.7 million.
  • Net loss was $35.4 million, or $0.42 per share, compared with $18.8 million, or $0.30 per share, for 2015.
  • Adjusted net loss3 for 2016 was $10.3 million, or $0.12 per share, compared with an adjusted net loss of $7.7 million, or $0.13 per share, for 2015.

2016 Business Highlights

  • Shopify expanded considerably in 2016, adding new merchants, channels, partners, and functionality. Over the past twelve months:
  • More than 133,000 net new merchants began selling on Shopify, which ended the year with approximately 377,500 merchants on the platform.
  • Merchants on average became more successful on Shopify, as GMV per merchant grew by 25% over last year.
  • MRR per merchant expanded over 2015, primarily due to strong growth in the number of merchants joining at higher subscription levels.
  • Average Revenue Per User (ARPU) expanded 15% to $1,243, versus $1,077 for 2015, driven by higher GMV per merchant, increased penetration of Shopify Payments, higher MRR per merchant, and the introduction of new merchant services.
  • The number of partners referring at least one new merchant to Shopify in 2016 grew to more than 11,000, compared with more than 8,500 in 2015.
  • Shopify integrated a number of new sales channels for merchants in 2016, including Facebook Messenger and Amazon. Shopify also launched a software development kit for third parties looking to make their sites natively available to Shopify merchants. The addition of Houzz, Wanelo, eBates and others has driven the number of channels over which a merchant can sell to more than a dozen.
  • Shopify Capital successfully launched, providing merchants with more than $30 million in aggregate in cash advances to help fuel their businesses by providing working capital for growth, such as securing inventory, hiring employees or marketing activities.
  • Shopify launched Apple Pay for the web, and by year end, more than 150,000 of Shopify’s merchants had elected to offer Apple Pay as a means for checkout.  These merchants saw conversion rates approximately double by shoppers who have enabled Apple Pay.
  • Canada Post joined the US Postal Service as a partner on Shopify Shipping, bringing integrated shipping and tracking to more merchants in North America.
  • Shopify completed three acquisitions with the aim of expanding its breadth and depth of capabilities for merchants. All are founder-led teams where a focus on merchants, entrepreneurial cultures and product development talent make them strong additions to Shopify.
  • The percentage of Shopify merchants using Shopify Payments grew every quarter throughout 2016, with 85% of merchants at year end using Shopify Payments in geographies where it is available compared with 76% in the fourth quarter of 2015. This equates to 68% of our global merchant base compared with 62% in the fourth quarter of 2015.

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. All numbers provided in this section are approximate.

For the full year 2017, Shopify currently expects:

  • Revenues in the range of $580 million to $600 million
  • GAAP operating loss in the range of $73 million to $77 million
  • Adjusted operating loss3 in the range of $18 million to $22 million, which excludes stock-based compensation expenses and related payroll taxes of $55 million

For the first quarter of 2017, Shopify currently expects:

  • Revenues in the range of $120 million to $122 million
  • GAAP operating loss in the range of $20 million to $22 million
  • Adjusted operating loss3 in the range of $9 million to $11 million, which excludes stock-based compensation expenses and related payroll taxes of $11 million

Quarterly Conference Call

Shopify’s management team will hold a conference call to discuss its fourth-quarter and full-year results today, February 15, 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 Audited Consolidated Financial Statements and accompanying Notes, Management’s Discussion and Analysis, and Annual Information Form for the year ended December 31, 2016  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.  Shareholders may, upon request, receive a hard copy of the complete audited financial statements free of charge.

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 as well as sales and use tax.

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.

To view our detailed results with financial tables download this PDF or visit our investors site.

Source: Shopify

ShopChat Launches World’s 1st Shopping Keyboard; Rakuten Funding

ShopChat Launches World’s First Shopping Keyboard & Raises Funding from Rakuten

ShopChat attracts 100,000 beta users by combining two of the most popular mobile activities,chatting and shopping, into a new chat commerce platform, an alternative to struggling shopping bots

SAN FRANCISCO, Calif., 2017-Mar-16 — /EPR Retail News/ — Message commerce startup ShopChat today emerged from stealth mode with the unveiling of the world’s first mobile shopping keyboard. ShopChat lets people share and shop their favorite brands, such as Sephora, Guess and Foot Locker right from their smartphone keyboards. The company also announced that global e-commerce giant Rakuten (Tokyo: 4755) led the company’s $1.25MM funding round. Top angel investors from Silicon Valley and Europe also participated in the round.

ShopChat combines two of the most popular mobile activities, chatting and shopping, into one seamless experience. ShopChat lets people share products with their friends and family to get instant reactions and shop directly from chat. Already attracting 100,000 users, the beta version has generated strong user enthusiasm and high engagement – over 32% of users share a product with a friend in a session.

The ShopChat shopping keyboard is now available to the public for free from the iOS App Store, for all major messengers, and is launching on Google Play soon.

Two versions of ShopChat are available, one focused on consumers and one for whitelabel partnerships leveraging ShopChat’s API.

Investing in the Post-App Era: Funding and Partnership with Rakuten and Viber

ShopChat’s pioneering approach to message commerce convinced e-commerce giant Rakuten to lead the company’s $1.25MM round of funding. Rakuten is already a global player in e-commerce and is a major force in messaging through their 2014 acquisition of message network Viber. As part of the strategic investment and partnership, ShopChat now powers Viber’s recently announced message commerce to its massive user base.

“We stand at the convergence of messaging and shopping, and ShopChat is developing the right platform to perfect the shopping experience within instant messaging. The investment in ShopChat brings us closer to our vision of Viber as an ecosystem, providing our users with more capabilities to manage their communications simply and securely.” said Djamel Agaoua, Viber CEO.

ShopChat as Native Chat Commerce

Existing mobile commerce solutions are not easily adapted to messaging. Users must switch away from chat and choose between using individual apps or slow mobile websites. And most apps are uninstalled after a few uses. Mobile websites suffer from slow load times and navigation issues. ShopChat solves these problems by giving people a chat first shopping solution that’s fun and easy to use without ever changing apps. ShopChat works on major messenger apps including Apple iMessage, Facebook Messenger, Viber, Whatsapp, WeChat, Google Chat, Kik Messenger, Tango, Line and others.

Succeeds Where Shopping Bots Are Failing

People spend more time on messaging apps than any other category of apps, but chat commerce is barely developed. Shopping bots were heralded as the future of message commerce, but despite large investments in shopping bots by Facebook and others, people remain unmoved by the experience of chatting with a robot. ShopChat invents a better chat commerce experience by letting people share with those that matter to them: friends and family.

“No one really wants to talk to a computer, any more than they want to talk to a voice response system. That’s been the problem with shopping bots. What people really want is a better way to share products with friends, and to be able to buy right from chat, where they are already spending most of their time.” said Zephrin Lasker, CEO and Co-Founder of ShopChat. “ShopChat makes it easy for people to share products with friends and shop together, and see a broad selection of products instantly as they browse without having to leave their chat app.”

Opportunity for Brands

ShopChat launches with a select number of pilot brands including Sephora, Foot Locker, Guess and others chosen by ShopChat’s users. ShopChat users are primarily female with the largest and most active group of users under 24 years old. The company is constantly expanding its brand offerings, using a mix of algorithmic and social graph data to evaluate, optimize and select new brands and products. Brands looking to sign up should contact brands@shopchat.com.

How It Works

ShopChat’s patent-pending technology works inside existing messaging apps, just like emoji or other third party keyboards Bitmoji or Swiftkey. Users install ShopChat once, and it then works on all their messaging apps automatically. This simplicity, combined with the fact that most people use more than one messaging app, makes using ShopChat powerful and easy.

About ShopChat

ShopChat’s mission is to make mobile commerce as easy as chatting with friends. The company is based in San Francisco and was founded by proven entrepreneur technologists with experience at Amazon, PayPal, Twitter, Techstars, Pivotal Labs, and Pandora. To learn more, please visit www.shopchat.com.

EROSKI extiende a Álava el servicio ‘click & drive’ de recogida de los pedidos online con el coche

EROSKI extiende a Álava el servicio ‘click & drive’ de recogida de los pedidos online con el coche

  • El servicio gratuito que ofrece en el hipermercado EROSKI Boulevard ha supuesto una inversión de 40.000 € y la creación de dos puestos de trabajo
  • Click & Drive combina la facilidad de la compra online con la recogida del pedido sin salir del coche en el aparcamiento del hipermercado tan solo cuatro horas después de realizar el pedido
  • El servicio de recogida de compras online de EROSKI registra un crecimiento del 200%, tanto en ventas como en paso de clientes

VITORIA-GASTEIZ, España, 2017-Mar-15 — /EPR Retail News/ — EROSKI extiende su servicio de recogida de pedidos sin salir del coche Click & Drive a su hipermercado Boulevard en Vitoria-Gasteiz, dentro de su apuesta multicanal y su continua búsqueda de fórmulas para adaptarse y atender al consumidor actual. El servicio se ofrece desde hoy en el aparcamiento superior del complejo comercial Boulevard. El nuevo servicio gratuito combina la facilidad de la compra online, a cualquier hora y en cualquier lugar, con la recogida, tan solo cuatro horas después de realizar el pedido, sin salir del coche en el puesto de entrega rápida instalado en el aparcamiento del hipermercado. Personal responsable del servicio carga el pedido directamente en el maletero del cliente en menos de cinco minutos y sin esperas.

Con esta apertura se consolida la apuesta de EROSKI por la recogida en tienda de los pedidos online, que está ya presente en el País Vasco, Navarra, Galicia y en Cataluña con la enseña Caprabo. Más del 60% de los clientes de EROSKI Club tienen un punto de recogida a menos de 15 minutos de su domicilio. La puesta en marcha del servicio Click & Drive en la capital alavesa ha supuesto una inversión cercana a los 40.000 euros y la generación de dos puestos de trabajo para reforzar el equipo de preparación de los pedidos online y la consolidación de la recogida en tienda en Vitoria-Gasteiz  donde ya estaba en marcha el servicio Click & Collect en los supermercados EROSKI en Salburua, Avenida Gasteiz y Ariznavarra.

El servicio Click & Collect, también gratuito, está pensado para un cliente más urbano, a quien se le ofrece la posibilidad de recoger en tienda las compras realizadas en Internet. Con este servicio, una vez realizada la compra, el pedido puede estar listo en dos horas en la tienda EROSKI, sin colas ni esperas ya que se ha habilitado un espacio específico para la entrega, ya embolsada, de las compras online.

Los servicios de recogida online de EROSKI crecen un 200%

Cada vez son más los clientes que se decantan por pasar a recoger sus compras online, el servicio de EROSKI registra unas cifras de crecimiento del 200%, tanto en ventas como en paso de clientes. “Los consumidores valoran sobre todo la posibilidad de hacer pedidos y recogerlos el mismo día de forma gratuita. Más del 80% de nuestros pedidos online incluye frescos, una cifra muy destacable en el sector que demuestra la confianza que les aporta la marca EROSKI a la hora de comprar alimentos frescos”, destaca la directora de Negocio Online de EROSKI, Mari Mar Escrig.

En el  País Vasco EROSKI cuenta con ocho hipermercados con servicio de Click & Drive, uno en Álava, cinco en Vizcaya y dos en Guipúzcoa. Además, diez supermercados urbanos disponen de recogida Click & Collect, tres en Álava, cinco en Vizcaya y dos en Guipúzcoa.

SOURCE: EROSKI

Datos de contacto con el Departamento de Comunicación:
944 158 642

Retail Week Awards 2017: Shop Direct wins OC&C pureplay etailer of the year three times in a row ; CEO Alex Baldock crowned Clarity retail leader of the year

Retail Week Awards 2017: Shop Direct wins OC&C pureplay etailer of the year three times in a row ; CEO Alex Baldock crowned Clarity retail leader of the year

Liverpool,UK, 2017-Mar-13 — /EPR Retail News/ — Shop Direct last night (9 March 2017) became the first company to win the OC&C pureplay etailer of the year three times in a row at the Retail Week Awards 2017, the industry’s equivalent of the Oscars.

CEO Alex Baldock was also crowned the Clarity retail leader of the year to cap a great night for the UK’s second largest pureplay, which counts Very.co.uk and Littlewoods.com amongst its digital department store brands.

The Retail Week Awards 2017, which attracted over 1,600 attendees from across the industry, were judged by a panel of sector heavyweights including leaders from Debenhams, IKEA and Karen Millen.

They praised the company for doing ‘pioneering things’ and entering the digital era ‘in style, going further than almost any business’ as it scooped the award for best pureplay.

The judges also celebrated Baldock for ‘the tough choices’ he has made during Shop Direct’s transformation as he picked up the award for retail leader.

Alex Baldock said: “To have the strong, innovative and successful business we’re building recognised by our peers is a massive compliment.

“And to win best pureplay etailer for the third time in a row shows we’re becoming the world class digital retailer we’re striving to be.

“I’m honoured to be recognised as leader of the year, but it’s the strength of our entire team that’s driven our success. This is our award.

“We’ve had another fantastic 12 months, but we’ve only scratched the surface of what’s possible.

“Over the next 12 months, AI will start to change the game for us, from personalisation through to credit; V by Very will become a £200m brand, and we’re making a big investment in building a digital workplace fit for the future.

“It all adds up to another year of growth and innovation – and we can’t wait for what’s next.”

-ENDS-

CONTACT INFORMATION

Shop Direct

Dave Lafferty
Corporate Media Relations Manager
0844 292 2738
07552 283 266
david.lafferty@shopdirect.com

ABOUT SHOP DIRECT
Shop Direct is the UK’s second largest pureplay digital retailer, with annual sales of almost £1.9 billion. Our digital department store brands are Very.co.uk, Littlewoods.com, VeryExclusive.co.uk and LittlewoodsIreland.ie. We receive an average of more than 1.2 million website visits every day, with 68% of online sales completed on mobile devices.

We exist to make good things easily accessible to more people. With our department store range of famous brands, market-leading ecommerce and technology capabilities and unique financial services products offering flexible ways to pay, we’re well placed to deliver on that promise.

We sell more than 1,300 famous brands, including big name labels and our own exclusive brands. We have four million customers and deliver 49 million products every year. Our free click and collect service, Collect+, delivers to 5,800 stores across the country, increasing ease and convenience for customers.

For more information on Shop Direct, visit www.shopdirect.com or follow us on Twitter at @ShopDirect.

SOURCE: Shop Direct

NCR Corporation recognized for its Commitment to Employee Engagement and Total Rewards Effectiveness

Recognized for Outstanding Commitment to Employee Engagement and Total Rewards Effectiveness

DULUTH, Ga., 2017-Mar-10 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, is proud to have once again earned WorldatWork’s Seal of Distinction, which recognizes companies across North America for their outstanding total rewards portfolio.

“Choosing a company to work for is a major decision for anyone. When an organization has the right benefits and policies in place that allows employees to excel professionally and ensures the personal wellbeing of them and their loved ones, you have a recipe for business success,” said NCR Executive Vice President of the Chief Administration Office and Chief Human Resources Officer Andrea Ledford. “At NCR, our total rewards benefits not only help us attract and retain the best talent and enhance our shareholder value, they ultimately help enrich our incredible employee experience.”

NCR joins the ranks this year of just 160 recipients — seven in Georgia. Industries span education, finance, government, health, law, manufacturing and corporations. Selection is based on programs and policies around health and wellness, time off, pay, bonus, incentives, performance management, recognition, workplace flexibility, culture, community involvement and more.

“This year, we saw the highest number of applicants since the Seal of Distinction was created. I’m confident that this means an increasing number of companies are recognizing the importance of a workplace environment that benefits both the employer and employee,” stated Anne C. Ruddy, president and CEO of WorldatWork, a nonprofit HR association and compensation authority.

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 more than 550 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, Georgia 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.

SOURCE: NCR Corporation

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

News Media Contact
Scott Sykes
NCR Corporation
212.589.8428
scott.sykes@ncr.com

KiwiTech Announces Strategic Partnership with Blingby

Strategic partnership formed to revolutionize video content delivery and e-commerce

Washington DC, 2017-Mar-09 — /EPR Retail News/ — KiwiTech, LLC, a startup accelerator and technology services company, has announced a strategic partnership with Blingby, an innovative digital advertising and marketing platform. Blingby users watch, buy, book or rent the styles and places that inspire them. However, Blingby is not only about fashion, lifestyle, or travel; it is adaptable to many different industries. Third-parties can also license and customize Blingby’s (bbStream) technology for use on their platform, enhancing their value proposition.

A truly groundbreaking innovation is Blingby’s bbstream, which can be integrated natively into content streams by producers CDNs and content distributors into their video content. Why should you care?

Imagine watching a YouTube video and moving your cursor above a person’s jacket. From that simple action, a drop-down appears with information on the jacket, through which a user can click through to purchase. Or what if PM Justin Trudeau is giving a presentation in front of the 4 Seasons in Montreal, move your cursor to the hotel and information on room rentals, etc., drop down from which you can click and execute a transaction.

It’s audience-agnostic, non-intrusive advertising that virtually eliminates the “ready fire aim” approach used by advertisers, replacing it with pinpoint accurate audience segmentation.

Blingby, founded in 2014, is a video content delivery and e-commerce marketing and advertising platform, engaging users in 185 countries. Blingby empowers marketers by providing them with a powerful, engaging and advert-less platform where the video and the proprietary bbStream experience drives user interaction. Blingby technology supports native and live streaming. Blingby is currently available on the web at www.blingby.com and on third-party websites, social media and as an Android or iOS mobile app through Google Play and iTunes.

“Blingby is a paradigm shift in marketing and advertising by transforming content into an informative, ’advert-less’ engagement applicable to different industries. We are excited to form this strategic alliance to help further transform Blingby’s unique platform,” said Rakesh Gupta, Founder and CEO, KiwiTech. “We’re committed to bringing the best of KiwiTech to help Blingby meet their business goals.”

“People’s tolerance to pushy and non-relevant and non-engaging marketing is rapidly diminishing. We built Blingby to solve this problem. We deliver a continuously-evolving, fully-immersive visual digital experience with high user engagement and conversion rates,” said Marcia Favale, President, CEO and Co-Founder of Blingby. “KiwiTech, with an extensive experience in the technology space, will augment our technology delivery to continuously reshape user engagement in digital media, helping us further deliver on the Blingby vision.”

KiwiTech brings a deep understanding of developed and emerging technologies such as virtual reality, augmented reality, artificial intelligence and visual recognition. “As part of this partnership, KiwiTech will provide exclusive technology capabilities to Blingby,” said Robert Stanicic, COO and Co-Founder of Blingby.

KiwiTech provides end-to-end digital technology solutions across a wide range of industries, including publishing, healthcare, media & entertainment, education, financial services, and government. It has quickly gained recognition as an innovator by investing in numerous early-stage startups and partnering with large enterprises. Leveraging world-class design and technology development capabilities and extensive expertise with content management and creation, KiwiTech enables companies to seamlessly add mobile to their technology stack. KiwiTech is based in Washington DC, with additional offices in New York and New Delhi, India.

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Logos:

SAI Global launches e-commerce platform based on Intershop’s software-as-a-service (SaaS) platform

 

  • Digitalization powers easy risk management product search, online purchases, delivery of training and materials
  • Enhances corporate brand presence and customer engagement
  • Facilitates future cross-sell and subscription management services

Jena, Germany, Sydney, Australia, 2017-Mar-09 — /EPR Retail News/ — Risk management company, SAI Global has launched an e-commerce platform to enhance its corporate brand presence, more effectively engage with customers, consolidate and improve its digital capabilities as well as to add further value to its online services. Based on Intershop’s software-as-a-service (SaaS) platform with managed service support, the new e-commerce capabilities form part of a broader digital commerce strategy that will serve all company portfolios and regions.

SAI Global helps organizations proactively manage risk to achieve business excellence, growth, sustainability and ultimately, create trust. Its solutions include risk management software, standards and regulatory content, ethics and compliance learning, risk assessments, certification, testing and audits. The Company employs more than 2,000 people in 29 countries and 51 locations across Europe, North America, Asia and Australia.

The digitalization program is designed to enable a future cross-sell and subscription management business model.

The APAC and EMEA (UK, EU) region’s e-commerce platforms are now live at https://infostore.saiglobal.com/. Customers now have the ability to search and locate products via an Ektron web content management system (CMS) that interfaces with the Intershop platform to retrieve product data and complete purchases. Fulfilment of orders such as PDF documents and training was completed via an integration with SAI Global’s existing systems.

“SAI Global has a solid strategy of using digitalization to support the service we provide to our customers and the way we engage with them. Leveraging Intershop’s SaaS platform to fully integrate the customer engagement, sales channel and service delivery components of our business assists us achieve our digital capability goals,” said SAI Global’s Group Marketing Director Hayley Clarke.

Intershop 7 platform, features core rest API capability for search, product/pricing details, checkout and fulfillment related functionalities. An integration with its existing master data and catalog management systems will result in 1.6 million product sets being imported and around 4.5 million variations in the system.

An integration to AWS Elastic search service will deliver advance search related functionalities and fulfillment is powered by a connection to SAI Global’s enterprise systems including Salesforce, watermarking and digital rights management services. Back office employees can view orders, assist customers and process quotes.

Other features of the SAI Global commerce suite include campaigns and promotion modules, complex pricing logic with fall back mechanism as well as SQS/SNS messaging.

About SAI Global

At SAI Global, we make Intelligent Risk possible by helping organisations proactively manage risk to achieve business excellence, growth, sustainability and ultimately, create trust.

Our integrated risk management solutions are a combination of world-class tech platforms, services and advisory capabilities that operate across the entire lifecycle allowing businesses to focus on opportunities presented by uncertainty. Together, these tools and knowledge enable customers to develop a holistic, integrated view of risk. In Australia, we are also a leading provider of settlement related services; company, personal and property information.

SAI Global Limited’s head office is located in Sydney, Australia. We employ more than 2,000 people across 29 countries and 51 locations across Europe, the Middle East, Africa, the Americas, Asia and the Pacific. www.saiglobal.com.

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

Source: Intershop Communications AG

NCR showcases omni-channel solution at EuroShop 2017

NCR helps retailers address the most pressing needs in store transformation, unified commerce and digital enablement to implement their omni-channel strategies

Duluth, Ga / Dusseldorf, Germany, 2017-Mar-07 — /EPR Retail News/ — NCR Corporation, a global leader in omni-channel solutions, demonstrates at this year’s EuroShop how retailers can dramatically improve sales growth by using the right technologies. A recent Unified Commerce Landscape Report from NCR, in partnership with research and analyst firm IHL Group, found that retailers who invest in technologies designed to create seamless shopping experiences, personalization and store transformation enjoy sales boosts of up to 100 percent and more.

Not surprisingly, omni-channel, digital store and digital transformation are the top three technology trends in Retail according to a study on IT trends in retail published by the EHI Retail Institute in February 2017.

Anticipating these needs, NCR showcases solutions at this year’s EuroShop that help retailers fulfil their goals in the following key areas:

Store transformation
Retailers are moving to a seamless checkout experience to eliminate wait times and friction at the checkout. NCR is showcasing the NCR FastLane Mobile Shopper powered by Revision. This innovative new application gives retailers the ability to offer consumers a scan-as-you-shop option using either the consumer’s own iOS or Android mobile phone or a store-provided device.

Russian Hypermarket Globus is the first customer to deploy the NCR solution with these handheld devices. Globus customers that are using the scan & go service simply scan products as they put them in their cart and conclude their shopping by scanning a barcode at one of the NCR self-checkouts provided in the designated checkout-areas. These consist of the NCR SelfServ 90 as well as NCR FastLane SelfServ self-checkouts. Both of these solutions were recognized by iF Design Awards 2017 for their ease of use and innovative, modern design.

Unified commerce
For general merchandise, fashion, department stores and specialty retailers in Spain, France, Germany, Denmark and Italy, NCR has introduced NCR Enactor, a platform-independent unified commerce software suite that includes a wealth of pre-packaged retail applications that span all current customer channels as well as store and estate management. Its extensive configuration options and scale enable retailers to introduce new features quickly and replicate the same seamless shopping experience across all stores and markets.

With NCR Power Picking supermarkets and convenience retailers can take advantage of the growing trend of online grocery shopping by introducing click & connect services that are fulfilled in-store. The solution, which is part of NCR’s retail hub, leverages store level inventory and imports customers’ decision-making preferences, such as perishability dates or the ripeness of produce, through e-commerce applications. The solution translates online ordering in the workflow of brick and mortar shopping processes.

Digital Enablement
Leveraging the Unified Commerce Landscape report by IHL, NCR has developed a benchmarking tool that allows retailers to find out how they measure up against retailers that are already increasing sales by making the most out of their technology investments. Retailers can complete the benchmarking survey at NCR’s booth in hall 6, stand C09 or complete the form online and receive a customized report.

Visualizing the power of insights, NCR has installed an augmented reality table on its stand that shows the various touchpoints in a customer journey from the viewpoint of a consumer, retail associate or manager. Rich content explains how the world of commerce is connected and how NCR technology and services can help to transform the customer journey to a truly unified experience.

“Many retailers across the globe are still struggling to get omni-channel right and it’s no surprise, as they are all in a different phase of their journey. There is no standard recipe that they can turn to,” said David Wilkinson, senior vice president and general manager, NCR Retail. “With our engaging and interactive tools at EuroShop, we help retailers identify their immediate needs and to show them how smart investments can boost their bottom line.”

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 more than 550 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, Georgia 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 sites: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

News Media Contact:
Ortrud Wenzel
NCR Corporation
+49 821 405 8191
ortrud.wenzel@ncr.com

Source: NCR Corporation

Intershop and MAC-IT Solutions Extend Their Competencies In E-Commerce and Microsoft Dynamics NAV

  • Connection of Microsoft Dynamics NAV solution for retail and e-commerce offers new solution on Microsoft Azure Cloud
  • Jointly developed integrated solution offers optimal start for customers in digitization strategy

Jena, Germany, 2017-Mar-07 — /EPR Retail News/ — Intershop Communications AG and MAC IT-Solutions GmbH are extending their respective core competencies in the areas of e-commerce and Microsoft Dynamics NAV as part of their partnership. MAC IT-Solutions specializes in supporting medium-sized enterprises in the fields of e-commerce and multi-channel commerce. Customers who already run or want to run Microsoft Dynamics NAV and use the cutting-edge Microsoft Azure cloud platform can now do so to flexibly expand their IT environment with a highly scalable e-commerce platform.

The integrated solution from MAC IT-Solutions and Intershop specially developed for this application combines the Microsoft Dynamics NAV “DiVA” ERP and CRM solution, specifically optimized for medium-sized mail order retailers, with the powerful Intershop Commerce Suite. Both systems can be particularly efficiently operated in the Microsoft Azure Cloud, and can even cope with large peak loads flexibly and scalably. Functionalities for both retail and wholesale trade are seamlessly covered. This relieves retailers of the need to make their own arrangements in this respect as well as from their own IT operations and costly upfront investment. This means they can focus solely on the success and growth of their business.

Customer data security is a particularly important aspect for many German mail order companies. For companies that want to be sure that their customer data is stored and processed 100% in Germany, Microsoft Cloud Germany provides a cloud service in which data are processed by a trusteeship solution in partnership with Deutsche Telekom in Azure data centers in Frankfurt and Magdeburg. The joint MAC IT-Solutions and Intershop offering is also available in this Azure environment.

Dr. Jochen Wiechen, CEO at Intershop Communications AG, sees huge importance in the collaboration: “The MAC IT-Solutions and Intershop Microsoft Azure Cloud offering combines ERP, CRM, finance, purchasing and e-commerce as key elements in a purposeful digitization strategy. It is needs-focused and flexible, while being safe and efficient. Moreover, Office365 can be seamlessly integrated as a further cornerstone of Microsoft’s cloud strategy. We are sure it will be very well received in the market.”

Oliver Bartl, Head of MAC Cloud Solutions, describes the collaboration as follows: “Our Plus, Garden XXL and Lenscare customers have already been operating successfully in the market with MAC DiVA and Intershop for some years. The new integrated solution from the Azure Cloud is a valuable additional option allowing us to operate efficiently in an ever more rapidly changing market. We are sure we will be gaining a number of new joint customers with this combination.

About MAC IT-Solutions GmbH:

MAC is the IT solution provider for e-commerce and multi-channel software. MAC’s goal is to offer modern retail an IT platform that handles all business processes efficiently while facilitating a cross-channel brand strategy. Their ERP, CRM, PIM and POS systems are used by many reputable retailers throughout Europe. The modular IT platform is based on the integrated MAILPlus and DiVA ERP and CRM systems, which are based on Microsoft Dynamics. The system can be operated both on physical premises and in the cloud.

Our customers include 4Care, Baur Fulfillment, dress-for-less, Falke, Fiege, frontline, karstadt.de, hess natur, jpc, Orion, Plus.de, and many more

MAC is a Microsoft Gold Certified Partner, IBM Advanced Business Partner, a member of the K5 Liga and Preferred Business Partner in the bevh trade association.

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
Email:pr@intershop.de

Source: Intershop Communications AG

Intershop Communications AG appoints Olivier Plas as country manager in Copenhagen, Denmark

  • Olivier Plas appointed country manager for the Nordics
  • Intershop expands market position and intensifies partner co-operation

Jena, Germany, 2017-Feb-24 — /EPR Retail News/ — Intershop Communications AG, supplier of innovative omni-channel commerce solutions for business-to-business (B2B) and business-to-consumer (B2C) companies, has appointed Olivier Plas as country manager in Copenhagen, Denmark to further expand its position in the Nordic region.

Olivier Plas joins in order to drive regional growth, to strengthen the cooperation with customers as well as to further extend the Company’s relationship with business partners.

Intershop is already well represented by strong business partners, such as Accenture Interactive, iStone and Tieto. As a result, there are some well-known B2C and B2B companies in the Nordics using the Intershop commerce engine to grow their businesses internationally, increase efficiencies, improve customer satisfaction and exceed customer expectations.

Gerrit Enthoven, Director Sales EMEA West at Intershop said, “Olivier brings a lot of knowledge to the table, with many years of experience in both sales management and business consultancy of IT businesses in the Nordics, at SAP, itelligence, Stibo Systems and MultiQ.”

One of Plas’ first engagements with Intershop will be at the D-Congres in Göteborg, on Thursday March 9th.

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

Source: Intershop Communications AG

Intershop customer Zamro nominated for the Best Starter award in the Netherlands

Jena, Germany, 2017-Feb-24 — /EPR Retail News/ — Zamro, an Intershop customer, has been nominated for the Best Starter award, which is part of the Shopping Awards. This is a prestigious award show in the Netherlands, which honors the best e-commerce players every year. On March 9, it will be decided whether the industrial supplies retailer is indeed the best starter in the Netherlands.

Zamro is nominated together with two other Dutch start-ups: Gogido, which let people compare cab drivers, and Terello, a start-up that repairs smartphones and tablets wherever the customer wants. A jury will decide which one of these will go home with a trophy of the Shopping Awards. In the Netherlands, this is the biggest and most important award show for the e-commerce industry.

The jury has said it will choose the winner based on certain criteria: is the concept distinctive enough, is there a clear business model with a long-term plan and is the setup of the online store state of the art,, professional and unique?

“In our point of view, Zamro fits these criteria perfectly. We are profoundly proud of this nomination for our customer”, says Intershop’s marketing manager Harold van der Horst. “What makes this nomination special is the fact that Zamro has only been active for one year. Intershop is often seen as a solution for companies who are having their second or third growth spurt, when performance becomes a challenge or when the complexity increases because of complicated system integrations, international growth, multiple brands, or a combination of business models. But Zamro shows perfectly that the Intershop commerce engine also caters for new initiatives with serious international ambitions.”

Zamro is a real disruptive player. In contrast to what’s common business in the industry, Zamro shows all of their catalogs, products and prices online, with total transparency. The company was founded in February 2016, but is growing strongly. In the online store, customers (mostly SMEs) can choose from 500,000 industrial components, which will soon grow to one million components.

Last year, Zamro chose Intershop after an extensive competition analysis. The successful cooperation reflects perfectly Intershop’s B2B focus and the fact our solution is very interesting for both new players and existing fast-growing companies with international ambitions, who thanks to the 100% success rate of Intershop can start soon after the short implementation time.

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

Source: Intershop Communications AG

Alibaba Group and Bailian Group announce partnership to explore retail opportunities across each other’s ecosystems

Jointly explore development opportunities across each other’s ecosystem

Shanghai, 2017-Feb-22 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) and China’s leading retailer Bailian Group announced today (February 20, 2017) the formation of a strategic partnership to explore new forms of retail opportunities across each other’s ecosystems. The companies will leverage the power of big data to achieve integration between offline stores, merchandise, logistics and payment tools with the ultimate aim of elevating efficiency and overall consumer experience.

The signing of the strategic cooperation agreement between Alibaba Group CEO Daniel Zhang and Bailian Chairman & President Ye Yongming took place in Shanghai. Zhou Bo, Executive Vice Mayor of Shanghai Municipal Government and Alibaba Executive Chairman Jack Ma witnessed the signing.

Headquartered in Shanghai, Bailian is one of China’s largest and most established retail conglomerates with more than 4,700 outlets across 25 provinces, 200 cities and autonomous regions in China.

Daniel Zhang, CEO of Alibaba Group said, “New retail reimagines the relationship between consumers, merchandise and retail space by leveraging mobile Internet and big data. It will upend the traditional manufacturing and supply chain, the connection between merchant and consumer, as well as the overall consumer experience. Businesses will increasingly embrace big data and new innovations to better identify, reach, analyze and serve their customers, and their digital transformation will be empowered by Alibaba’s ecosystem. Our partnership with Bailian is an important milestone in the evolution of Chinese retail, where the distinction between physical and virtual commerce is becoming obsolete.”

Ye Yongming, Chairman of Bailian Group said, “A new consumer era calls for a new retail approach. Traditional commerce needs to embrace innovation and change to thrive if they are to ride atop this new consumption trend. New retail is not just the convergence of online and offline worlds. It also means we need to be able to leverage technologies such as the Internet of Things, AI and big data to provide consumers with new and immersive shopping experiences across channels and product categories anytime and anywhere. It is with this shared vision that our companies have joined forces in this strategic partnership to redefine commerce and reshape the retail industry.”

Under the agreement, the cooperation will include:

  • New retail outlet design: jointly design cross channel store operation and ordering systems to enable real time service solutions for customers at physical stores;
  • New retail technology R&D: joint R&D in new retail technology in areas such as artificial intelligence, Internet of Things, and big data;
  • Customer Relationship Management: integrate both companies’ membership base to enhance customer service capability through technologies such as geolocation, facial recognition and big-data driven sales and customer management systems;
  • Supply chain management: the companies will combine resources in customer insight and supplier channels to help improve merchandise selection and reduce cost;
  • Payment: Alipay will be made available at all Bailian stores, while Bailian’s payment tools Safepass and Bailian OK Card will be integrated with Alipay to provide a unified third-party payment solution for consumers;
  • Logistics: Bailian Logistics to work with Alibaba on Cainiao’s logistics platform and co-develop logistics rules to enhance services for both consumers and merchants

The partnership with Bailian is the latest milestone in the development of new retail. Alibaba has coined the term “New Retail” to describe a world where the distinction between online and offline commerce becomes obsolete, as Internet users continue to migrate to mobile devices from desktop computers. Under the new retail model, traditional brick and mortar retailers will be offered the tools to transform their way of connecting with consumers, and improve efficiencies in their inventory and distribution network, as well as payment and logistics systems to provide seamless consumer experience both online and offline consumers.

Consumers in China engage in commerce activities from anywhere at any time with the help of mobile phones. With its big data capability and a mobile monthly active user base of close to 500 million, Alibaba is well placed to enable traditional retailers to upgrade to the new retail model.

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.

About Bailian Group

Bailian Group is a leading state-owned enterprise in Shanghai, and one of China’s largest retail conglomerates. It has operations in more than 200 Chinese cities with 4,700 outlets and 68,000 employees. Launched in 2016, Bailian’s Omni-Channel Platform “bl.com” & “iBailian App” has grown quickly leveraging Bailian’s membership base of 21 million to provide seamless and round-the-clock service to consumers online and offline.

Media Contacts:
Eric Zhao
Board Secretary
Bailian Group
+86-21-63321200
Eric.zhao@bl.com

Cecilia Kwok
Alibaba Group
+852 9132 7709
ceciliakwok@alibaba-inc.com

Source: Alibaba Group

CommerceHub CFO Mark Greenquist to present at the Pacific Crest Emerging Technology Summit

ALBANY, N.Y., 2017-Feb-22 — /EPR Retail News/ — CommerceHub, Inc. (NASDAQ:CHUBA) (NASDAQ:CHUBK) (“CommerceHub” or the “Company”), a leading distributed commerce network for retailers and brands, today (Feb. 20, 2017 ) announced that its Chief Financial Officer, Mark Greenquist, will participate in a fireside chat presentation at the Pacific Crest Emerging Technology Summit being held on Wednesday, March 1, 2017, at 9:30 a.m. P.S.T. in San Francisco, CA, during which Mr. Greenquist will discuss the Company’s financial and operating performance and strategy, among other topics, which may include future opportunities.

The presentation will be webcast live and available on the “Events and Presentations” page of the Company’s investor relations site at http://ir.commercehub.com/events.cfm. An archive of the webcast will also be available for 90 days after the conclusion of the event.

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 over 10,000 customers achieve an estimated $13.4 billion in Gross Merchandise Value in 2016. To learn more, visit www.commercehub.com.

CommerceHub Investor Relations Contact:

Erik Morton
1-206-971-7712
investor@commercehub.com

Source: CommerceHub/globenewswire

Chipotle Mexican Grill rolls out “Smarter Pickup Times” technology for better digital ordering

“Smarter Pickup Times” Rolled Out Across the U.S.; Reduces Wait Times and Allows for Greater Digital Order Volume

DENVER, 2017-Feb-22 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE: CMG) has completed the rollout of its “Smarter Pickup Times” technology to all its restaurants that offer digital ordering. The advanced technology allows customers who order digitally to benefit from shorter and more accurate pickup times and the ability to reserve a future pickup time. The technology enhances all forms of digital ordering including web ordering (order.chipotle.com) as well as the company’s ordering apps for iOS and Android. “Smarter Pickup Times” also improves the company’s ability to process more digital orders without disrupting service or throughput in its restaurants.

Chipotle has extensively tested the “Smarter Pickup Times” system in restaurants around the country. In tests, the company saw a reduction of wait times for digital orders by as much as 50%, and an increase in the total number of digital orders to record levels.

“Most people don’t know that nearly every Chipotle has an extra make-line in the back of the restaurant where orders can be prepared without disrupting service on the main line,” said Mark Crumpacker, chief marketing and development officer at Chipotle. “Smarter Pickup Times enhances this capability by dynamically scheduling orders and generating accurate wait times based on the current volume of orders. This allows us to prepare more digital orders while simultaneously improving the customer experience.”

Chipotle’s “Smarter Pickup Times” technology dynamically monitors digital order capacity to ensure that each restaurant can effectively manage the digital orders flowing into the second make-line. The company is also in the process of rolling out an enhanced version of this second make-line that will greatly improve ergonomics for the teams staffing the line, and allow for even greater order volume and accuracy.

“We have been evaluating all of our digital offerings with an eye toward removing friction,” explained Curt Garner, chief information officer at Chipotle. “That started with a redesign of our website to make it responsive to whatever device a customer is using – a computer, tablet or smart phone – followed by online catering and additional out of store payment options, and continues with the completion of our ‘Smarter Pickup Times’ initiative. With this change, we have reduced the wait time for digital orders and are able to keep our restaurants from being overwhelmed with digital orders, particularly at peak times.”

Chipotle is currently running a marketing campaign to drive digital orders that includes in-store promotions, social media advertising, search optimization, and digital advertising. Moving forward, nearly all of the company’s digital advertising will link customers directly to digital ordering.

ABOUT CHIPOTLE

Steve Ells, Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls, and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in an interactive style allowing people to get exactly what they want. Chipotle seeks out extraordinary ingredients that are not only fresh, but that are raised responsibly, with respect for the animals, land, and people who produce them. Chipotle prepares its food using whole, unprocessed ingredients and without the use of added colors, flavors or other additives typically found in fast food. Chipotle opened with a single restaurant in Denver in 1993 and now operates more than 2,200 restaurants. For more information, visit Chipotle.com.

Forward Looking Statements

Certain statements in this press release, including statements about digital initiatives and related marketing programs, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We use words such as “anticipate,” “believe,” “could,” “should,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” and similar terms and phrases, including references to assumptions, to identify forward-looking statements. The forward-looking statements in this press release are based on information available to us as of the date any such statements are made and we assume no obligation to update these forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include, but are not limited to, the following: the uncertainty of our ability to achieve expected levels of comparable restaurant sales due to factors such as changes in consumers’ perceptions of our brand, including as a result of food-borne illness incidents beginning in late 2015, the impact of competition, including from sources outside the restaurant industry, decreased overall consumer spending, or our possible inability to increase menu prices or realize the benefits of menu price increases; the risk of food-borne illnesses and other health concerns about our food or dining out generally; factors that could affect our ability to achieve and manage our planned expansion, such as the availability of a sufficient number of suitable new restaurant sites and the availability of qualified employees; the performance of new restaurants and their impact on existing restaurant sales; increases in the cost of food ingredients and other key supplies or higher food costs due to new supply chain protocols; the potential for increased labor costs or difficulty retaining qualified employees, including as a result of market pressures, enhanced food safety procedures in our restaurants, or new regulatory requirements; risks related to our marketing and advertising strategies, which may not be successful and may expose us to liabilities; risks relating to our expansion into new markets; the impact of federal, state or local government regulations relating to our employees, our restaurant design, or the sale of food or alcoholic beverages; risks associated with our Food With Integrity philosophy, including supply shortages and potential liabilities from advertising claims and other marketing activities related to Food With Integrity; security risks associated with the acceptance of electronic payment cards or electronic storage and processing of confidential customer or employee information; risks relating to litigation, including possible governmental actions related to food-borne illness incidents, as well as class action litigation regarding employment laws, advertising claims or other matters; risks relating to our insurance coverage and self-insurance; our dependence on key personnel and uncertainties arising from recent changes in our management team; risks regarding our ability to protect our brand and reputation; risks associated with our ability to effectively manage our growth; and other risk factors described from time to time in our SEC reports, including our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q, all of which are available on the investor relations page of our website at ir.Chipotle.com.

Contact:
Chris Arnold
303-222-5912
carnold@chipotle.com

Source: Chipotle Mexican Grill