The Home Depot® to acquire equipment rental and maintenance services provider Compact Power Equipment, Inc.

ATLANTA, 2017-Jul-08 — /EPR Retail News/ — The Home Depot® today (July 6, 2017) announced a definitive agreement to purchase Compact Power Equipment, Inc., a leading national provider of equipment rental and maintenance services for $265 million in cash. The transaction is expected to close by the end of the company’s fiscal second quarter.

As a long-term commercial partner of The Home Depot since 2009, Compact Power Equipment currently provides compact equipment rentals at more than 1,000 stores across the U.S. and Canada. The company also provides equipment maintenance services nationwide to a range of customers, including The Home Depot. By acquiring Compact Power Equipment, The Home Depot continues to invest in capabilities that uniquely serve its core customers.

“We’ve worked closely with the talented team at Compact Power Equipment for many years and are delighted to welcome them to The Home Depot family,” said Craig Menear, chairman, CEO and president of The Home Depot. “The acquisition allows us to further improve the customer experience – in particular for Pros – through enhanced equipment and tool rental offerings. It also allows us to grow Compact Power’s best-in-class building services capabilities.”

The Home Depot offers tool and equipment rentals at more locations across the U.S. and Canada than anyone else, providing easy access for both Pro and Do-It-Yourself customers. Its large assortment of rental offerings saves customers from the cost and hassle of maintenance and storage.

“With a collective focus on convenience and execution, together our companies will be even stronger to serve customers while remaining on the cutting edge of life-cycle management for commercial equipment,” said Roger Braswell, CEO, Compact Power.

“This acquisition creates many exciting opportunities for our employees and customers as we enter the next stage in our company’s history. We are thrilled and truly look forward to joining The Home Depot team and growing this business,” added COO Richard Porter.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,281 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Forward-Looking Statements

Certain statements contained herein constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services; effects of competition; state of the residential construction, housing and home improvement markets; capital allocation and expenditures; financial outlook; successful closing of the Compact Power Equipment acquisition; and integration of Compact Power into our organization and the ability to recognize the anticipated synergies and benefits of the acquisition. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control or are currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include but are not limited to those described in Item 1A, “Risk Factors,” and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 29, 2017 and in our subsequent Quarterly Reports on Form 10-Q.

Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.

SOURCE: The Home Depot

X-Surveillances introduces the new DS300, PTT-Handheld Body Camera

The Hague, Netherlands, 2017-Jul-07 — /EPR Retail News/ —  Body Cameras will be an indispensable device to encourage and enforce better practices by police forces in addition to increasing accountability for all who use them. They will also add protection and ensure candid interactions with the members of public.

The consequences are all too familiar in those unfortunate instances when public servants such as police officers are being recorded by the public on the job. More often than not, these recordings do not show the full picture as they tend to have started recording too late and can be damaging if taken out of context. Furthermore, research has shown that by introducing body cameras, forces in the UK and US have recorded a 93% drop in complaints made against them by the public.

Evidence suggests that body cameras will be an essential part of future police forces, security and other personnel that would value their introduction. The same research suggests that the cameras act as a preventive mechanism, triggering behavioural changes that “cool down” unpredictable encounters. Professionals operating in the field would welcome a body camera that would improve their jobs.

Through research, X-Systems has developed a product that security professionals and public servants alike will want to use. They have based their design on an already familiar device, the PTT devices that are the norm and has turned them into a body camera. Training is not needed to operate and they are compatible with all major PTT manufacturers.

The X-Surveillance DS300 is a Push to Talk Handheld body camera that doubles as a PTT handheld speaker/ microphone, minimising the need for additional equipment in an already heavy uniform. For the occasional problematic interaction, recording can begin by pressing a simple button on the opposite end of the talk button.

The X-Surveillance has been developed by X-Systems in The Netherlands together with a number of security experts throughout Europe. The devices are compliant to the most fundamental requests of both wearers, civilians, governments and corporations that take privacy seriously. The body camera is compliant with data protection regulations and the data is only accessible by an officer and control centre software. All recording come with Officer ID, date/ time and GPS location stamps that provide comprehensive data on all recordings.

For more information: https://x-systems.com/body-camera/

SOURCE: EuropaWire

Kenmore’s launches new line of smart room air conditioners available now in select Sears stores nationwide

Trusted home appliance brand rolls out newly designed smart air conditioners with updated app to make keeping cool a breeze this summer

HOFFMAN ESTATES, Ill., 2017-Jun-08 — /EPR Retail News/ — This summer is set to be a scorcher with the Old Farmer’s Almanac predicting above average temperatures for many parts of the U.S. To help cope with the unseasonably warm weather, Americans can rely on the Kenmore brand’s new line of smart room air conditioners to keep homes cool and comfortable, while helping save money and energy.

Using a wireless Internet connection, the Kenmore Elite Smart Room Air Conditioners allow users to adjust home temperatures from a mobile device* using the Kenmore mobile app. The easy-to-use app provides access to monitor efficiencies, turn units on and off and even set schedules for up to seven days. The smart technology integrates wireless capabilities to provide the flexibility to operate the air conditioner whenever needed from almost anywhere, which can lead to energy and cost savings on utility bills.

“Kenmore is a trusted American legacy brand, woven into the fabric of our American home lifestyle. At Kenmore, we consistently strive to improve the lives of our members through stress-free solutions to every day issues,” said Tom Park, president of Kenmore, Craftsman and DieHard brands at Sears Holdings. “With rising temperatures around the country, the Kenmore brand’s smart room air conditioner line will make homeowners’ lives easier and more cost-effective by giving them control from their mobile device.”

The Kenmore app is designed to be sleek and intuitive, providing users with peace-of-mind and features that can help save time, energy and money.

  • Control on-the-Go: The ability to remotely turn the unit on and off, set a schedule or adjust the temperature provides flexibility to control home climates from anywhere. Use the 24 hour timer to set a schedule to run the units only when needed, or turn the air conditioner on before arriving home to ensure a comfortable temperature upon arrival.
  • Energy Savings: The Kenmore Elite Smart Room Air Conditioners are ENERGY STAR®certified and feature smart technology that allows for easy access and scheduling to run the unit only when needed, helping to save energy and money on utility bills.
  • Power to Match Your Room Size: Available in a variety of sizes from 8,000 BTUs to 25,000 BTUs, these Kenmore Elite Smart Room Air Conditioners help cool medium to large rooms, from 340 to 1,560 square feet in size.
  • Simple Setup: Scan the QR code located on the unit using a mobile device, follow the directions during a brief tutorial and the air conditioner will be up and running.
  • Amazon Alexa Enabled: Allows users to control the air conditioner’s temperature and power settings using voice-controlled technology on any Amazon Echo device**.
  • MSRP: $269.99– $519.99, depending on the model.

The Kenmore Elite Smart Room Air Conditioners feature technology from Afero, a leader in connecting smart devices and providing secure “Internet of Things” product solutions. The air conditioners are available now in select Sears stores nationwide and online at Sears.com. For more information about current Kenmore brand smart products, and the complete line of Kenmore appliances, visit Kenmore.com.

About the Kenmore Brand

The Kenmore Brand is an industry leader in delivering trusted performance in the home with smart and stylish appliance innovations that help consumers do things quicker, easier and better. Recognized as a top appliance brand for over 100 years, the Kenmore brand continues to give consumers more time, efficiency and improved results for better living, with industry-leading products across small and large appliance categories. For more information, visit www.kenmore.com, www.cookmore.com/press-kit/ or www.facebook.com/kenmore.

About Sears, Roebuck and Co.

Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a leading integrated retailer providing merchandise and related services and is part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Sears, Roebuck offers its wide range of home merchandise, apparel and automotive products and services through Sears-branded and affiliated full-line and specialty retail stores. Sears, Roebuck also offers a variety of merchandise and services through sears.com and specialty catalogs. Sears, Roebuck offers consumers leading proprietary brands including Kenmore, Craftsman, and DieHard — among the most trusted and preferred brands in the U.S. The company is the nation’s largest provider of home services, with nearly 12 million service and installation calls made annually. For more information, visit the Sears, Roebuck website at www.sears.com or the Sears Holdings Corporation website at www.searsholdings.com.

*Remote control and monitoring functionality of Kenmore® Smart products requires a smartphone or tablet, wireless router with a continuous home internet connection and the free app.  These devices are not included.  Supports iPhone® and Android™ mobile devices.  Mobile devices not included with product. iPhone® is a registered trademark of Apple Inc.  Android™ is a trademark of Google Inc.
** Amazon Echo device sold separately.

Contact:

Larry Costello
PR Director
847-286-9036
Larry.Costello@searshc.com

Amanda Morales
Zeno Group for Kenmore
312-245-0170
Amanda.Morales@zenogroup.com

SOURCE: Sears, Roebuck and Co.

Cabela’s announces date of Special Meeting of Stockholders to approve acquisition of Cabela’s by Bass Pro Shops

Special Meeting to Take Place on July 11, 2017

SIDNEY, Neb., 2017-Jun-07 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today (Jun. 5, 2017) announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Special Meeting of Stockholders (the “Special Meeting”) to approve the previously announced acquisition of Cabela’s by Bass Pro Shops.

The Special Meeting is scheduled to be held on July 11, 2017, at 8:00 a.m. local time. The meeting will be held at the Company’s corporate headquarters, One Cabela Drive, Sidney, Nebraska 69160. All stockholders of record of Cabela’s common stock as of the close of business on June 2, 2017 will be entitled to vote their shares at the Special Meeting either in person or by proxy.

As previously announced, Cabela’s entered into an agreement to be acquired by Bass Pro Shops for $61.50 per share in cash, subject to adjustment in certain circumstances. The Cabela’s Board of Directors unanimously recommends that stockholders vote “FOR” the proposal to adopt the merger agreement.

The transaction is expected to close in the third quarter of 2017, subject to approval by Cabela’s shareholders, the receipt of required regulatory approvals and the satisfaction of other customary closing conditions.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty omni-channel retailer of hunting, fishing, camping, shooting sports, and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Cabela’s offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

ADDITIONAL INFORMATION REGARDING THE TRANSACTION AND WHERE TO FIND IT

This communication does not constitute an offer to sell or the solicitation of an offer to buy the securities of Cabela’s Incorporated (the “Company”) or the solicitation of any vote or approval. This communication is being made in respect of the proposed merger transaction involving the Company, Bass Pro Group, LLC (“Bass Pro Group”) and a wholly-owned subsidiary of Bass Pro Group. The proposed merger of the Company is being submitted to the stockholders of the Company for their consideration. In connection therewith, the Company has filed with the Securities and Exchange Commission (the “SEC”) a definitive proxy statement regarding the proposed merger, which will be mailed to the stockholders of the Company, and other relevant materials. BEFORE MAKING ANY VOTING OR ANY INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED MERGER AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain free copies of the definitive proxy statement, any amendments or supplements thereto and other documents containing important information about the Company through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by the Company are available free of charge on the Company’s website at www.cabelas.com under the heading “SEC Filings” in the “Investor Relations” portion of the Company’s website. Stockholders of the Company may also obtain a free copy of the definitive proxy statement regarding the proposed merger and any filings with the SEC that are incorporated by reference in such definitive proxy statement by contacting the Company’s Investor Relations Department at (308) 255-7428.

PARTICIPANTS IN THE SOLICITATION

The Company and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Information about the directors and executive officers of the Company is set forth in its definitive proxy statement for its 2016 Annual Meeting of Stockholders, which was filed with the SEC on November 17, 2016, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation of the stockholders of the Company and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the definitive proxy statement regarding the proposed merger and may be contained in other relevant materials filed with the SEC.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. All statements other than statements of current or historical fact contained in this report are forward-looking statements. The words “believe,” “may,” “should,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “plan,” “confident,” and similar statements are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause the Company’s actual results, performance, or financial condition to differ materially from the expectations of future results, performance, or financial condition the Company expresses or implies in any forward-looking statements. These risks and uncertainties include, but are not limited to: the satisfaction of the conditions precedent to the consummation of the proposed merger, including, without limitation, the receipt of stockholder and regulatory approvals; unanticipated difficulties or expenditures relating to the proposed merger; legal proceedings, judgments or settlements, including those that may be instituted against the Company, the Company’s board of directors, executive officers and others following the announcement of the proposed merger; disruptions of current plans and operations caused by the announcement and pendency of the proposed merger; potential difficulties in employee retention due to the announcement and pendency of the proposed merger; the response of customers, suppliers, business partners and regulators to the announcement of the proposed merger; the state of the economy and the level of discretionary consumer spending, including changes in consumer preferences, demand for firearms and ammunition, and demographic trends; adverse changes in the capital and credit markets or the availability of capital and credit; the Company’s ability to successfully execute the Company’s omni-channel strategy; increasing competition in the outdoor sporting goods industry and for credit card products and reward programs; the cost of the Company’s products, including increases in fuel prices; the availability of the Company’s products due to political or financial instability in countries where the goods the Company sells are manufactured; supply and delivery shortages or interruptions, and other interruptions or disruptions to the Company’s systems, processes, or controls, caused by system changes or other factors; increased or adverse government regulations, including regulations relating to firearms and ammunition; the Company’s ability to protect the Company’s brand, intellectual property, and reputation; the Company’s ability to prevent cybersecurity breaches and mitigate cybersecurity risks; the outcome of litigation, administrative, and/or regulatory matters (including the ongoing audits by tax authorities and compliance examinations by the Federal Deposit Insurance Corporation (“FDIC”)); the Company’s ability to manage credit, liquidity, interest rate, operational, legal, regulatory capital, and compliance risks; the Company’s ability to increase credit card receivables while managing credit quality; the Company’s ability to securitize the Company’s credit card receivables at acceptable rates or access the deposits market at acceptable rates; the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry; and other risks, relevant factors, and uncertainties identified in the Company’s filings with the Securities and Exchange Commission (“SEC”) (including the information set forth in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, and in subsequent filings), which filings are available at the SEC’s website at www.sec.gov. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. The Company’s forward-looking statements speak only as of the date of this document. Other than as required by law, the Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

Media:
Cabela’s Incorporated
Corporate Communications
308-255-1204
Media.Communications@cabelas.com

Joele Frank
Wilkinson Brimmer Katcher
Michael Freitag / Scott Bisang
212-355-4449

Jed Repko / Joe Millsap
415-869-3950

Investors:
Cabela’s Incorporated
Andrew Weingard
308-255-7428

Source: Cabela’s Incorporated

 

JCPenney launches dorm shops in stores and online

JCPenney launches dorm shops in stores and online

 

Many stores are located within 5 miles of most major colleges, offering convenient in-store pick up of dorm furnishings, including new compact refrigerators and laptops

PLANO, Texas, 2017-Jun-07 — /EPR Retail News/ — The high school class of 2017 is off to college this fall and JCPenney [NYSE: JCP] is the dorm destination of their collegiate dreams. JCPenney is launching dorm shops in 500 stores this week, featuring a curated selection of bedding, bath and décor products designed to entice recent high school graduates and their parents who are shopping early in the season for dorm room essentials. New this year, the 400-square-foot shops will now offer mini refrigerators, microwaves, portable air conditioning units, expanded storage solutions, and later this month, Packard Bell laptops. With an extended selection of dorm products available at JCPenney.com, customers have the option of shipping online orders to a JCPenney store located close to campus to make moving day easy and effortless.

“It is estimated that parents and students will spend more than $6 billion* on dorm furnishings this summer. JCPenney is focused on driving performance and capturing a significant share of this business by expanding the breadth of our dorm offerings to include new categories, such as microwaves and compact refrigerators, conveniently available in stores and online,” said John Tighe, executive vice president and chief merchant for JCPenney. “Our seasonal dorm shops boast high-quality bedding, bath and kitchen products from our expertly-designed and quality-sourced private brands, including JCPenney Home, Home Expressions and Cooks. Customers come to us specifically for these trusted brands, allowing JCPenney to increase gross margin potential, while providing exceptional value for budget-minded shoppers.”

Ship dorm furnishings to any JCPenney store
JCPenney has brick-and-mortar stores throughout the country, with many locations just a few miles away from the country’s largest colleges and universities. This convenient store footprint allows parents to purchase dorm room essentials at JCPenney.com and have the order shipped directly to the nearest JCPenney store, reducing the need to personally pack and transport these items over long distances. If a student forgets their sheets or coffee maker at home, JCPenney just expanded its convenient same-day store pickup solution to all stores, so parents can purchase the sheets at JCPenney.com and their college student can pick up the order just a few hours later at their local JCPenney store.

“JCPenney has a sophisticated omnichannel network with a variety of convenient shipping options, which can be especially important as students head off to college. We have the benefit of leveraging our store fleet to deliver JCPenney.com orders quickly, efficiently and at a low cost to the customer, representing an opportunity to drive additional sales. These factors become especially important as new college students realize they need more towels, forget their pillow at home or want to purchase a portable a/c unit for their dorm room,” added Tighe.

Dorm done right
College-bound students are often eager to show their school pride by stocking up on their favorite team apparel and room décor from over 500 colleges available through the Sports Fan Shop at JCPenney.com. In select stores, shoppers will find an assortment of collegiate gear and accessories, such as a Texas A&M University blanket, a University of Arizona logo pillow or a West Virginia University laundry hamper. To help students set up the perfect dorm room, JCPenney has created the ultimate Dorm Essentials Checklist. The checklist has all the dorm necessities listed in one place including XL twin sheets, dorm-appropriate cookware, mattress toppers, bath towels, clothes hangers, desk lamps, alarm clocks and more.

The Company has compiled a list of stores located within just a few miles of major college campuses to demonstrate the convenience of having online orders shipped to a local JCPenney store. For additional JCPenney store locations, please visit JCPenney.com and select ‘find a store.’

STATE SCHOOL NAME NEAREST JCPENNEY STORE DISTANCE
AL University of Alabama University Mall 2 mi.
AZ Arizona State University Tempe Marketplace 1.4 mi.
AZ University of Arizona El Con Shopping Center 2.5 mi.
AR University of Arkansas Northwest Arkansas Mall 6.2 mi.
CA San Diego State University Fashion Valley Mall 7.4 mi.
CA University of Southern California Gage & Pacific Store 5.8 mi.
CO Colorado State University Fort Collins Store 2.6 mi.
FL Florida State University Governors Square 2.7 mi.
FL University of Florida Oaks Mall 3.5 mi.
FL University of Miami Dadeland Mall 1.7 mi.
GA Emory University Northlake Mall 5.7 mi.
GA Georgia Southern University Statesboro Mall 1.5 mi.
GA University of Georgia Georgia Square Mall 5.7 mi.
ID Boise State University Boise Town Square 4.8 mi.
IA Iowa State University North Grand Mall 1.6 mi.
IA University of Iowa Coral Ridge Mall 3.2 mi.
IL University of Illinois Market Place Mall 3.6 mi.
IN Purdue University Tippecanoe Mall 4.4 mi.
IN University of Notre Dame University Park Mall 2.2 mi.
KS Kansas State University Manhattan Town Center 1.8 mi.
KY University of Kentucky Fayette Mall 3 mi.
KY University of Louisville Jefferson Mall 7.6 mi.
KY Western Kentucky University Greenwood Mall 4.1 mi.
LA Louisiana State University Mall of Louisiana 7.4 mi.
MI Michigan State University Meridian Mall 2.8 mi.
MI University of Michigan Briarwood Mall 2.9 mi.
MO University of Missouri Columbia Mall 3.5 mi.
MS Mississippi State University Starkville Crossing 3.6 mi.
MT University of Montana Southgate Mall 2.2 mi.
NE University of Nebraska Gateway Mall 3.2 mi.
NJ Rutgers University Brunswick Square Mall 7.7 mi.
NM New Mexico State University Mesilla Valley Mall 2.9 mi.
NY Syracuse University Destiny USA Store 3.1 mi.
NC North Carolina State University North Hills Shopping Center 6.4 mi.
NC University of North Carolina Streets of Southpoint 7.5 mi.
NC Wake Forest University Hanes Mall 5 mi.
ND University of North Dakota Columbia Mall 2.8 mi.
OH Ohio State University Tuttle Crossing Mall 7.9 mi.
OK University of Oklahoma Sooner Fashion Mall 3.5 mi.
OR University of Oregon Valley River Center 3.4 mi.
SC Clemson University Anderson Mall 14 mi.
SC University of South Carolina Columbiana Center Mall 10.8 mi.
TN University of Tennessee West Town Mall 7.3 mi.
TX Baylor University Richland Mall 7.1 mi.
TX Southern Methodist University Timber Creek Crossing 2.3 mi.
TX Texas A&M University Post Oak Mall 2.2 mi.
TX Texas Christian University Ridgmar Mall 6.8 mi.
TX Texas Tech University South Plains Mall 5.3 mi.
TX University of Texas at Arlington Parks Mall 3.6 mi.
TX University of Texas at Austin Barton Creek Square 9.6 mi.
UT Brigham Young University Provo Towne Center 2.5 mi.
VA University of Virginia Fashion Square 3.2 mi.
WA University of Washington Northgate Mall 3.4 mi.
WV West Virginia University Morgantown Mall 3.2 mi.
WI University of Wisconsin West Towne Mall 5 mi.

For a full selection of collegiate gear and accessories from JCPenney, please visit:
http://sportsfanshop.jcpenney.com/JCP_COLLEGE

For dorm product images, please visit the Dorm 2017 look book:
http://www.jcpnewsroom.com/lookbooks-bts2017-home-dorm.html

*National Retail Federation 2016 Back-to-College Survey
https://nrf.com/media/press-releases/back-school-and-college-spending-reach-758-billion

About JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every customer’s shopping experience is worth her time, money and effort. Whether shopping jcp.com or visiting one of over 1,000 store locations across the United States and Puerto Rico, she will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands. Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

Media Relations:
(972) 431-3400
jcpnews@jcp.com
Follow @jcpnews on Twitter for the latest announcements and Company information.

Source: J. C. Penney Company, Inc.

###

Tractor Supply Company to present at the Baird 2017 Global Consumer, Technology and Services Conference

BRENTWOOD, Tenn., 2017-Jun-02 — /EPR Retail News/ — Tractor Supply Company (Nasdaq:TSCO), the largest rural lifestyle retail store chain in the United States, today (June 01, 2017) announced its participation in the Baird 2017 Global Consumer, Technology and Services Conference on June 8, 2017. Greg Sandfort, Chief Executive Officer, Kurt Barton, Chief Financial Officer, and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company’s 30-minute presentation will begin at 11:25a.m. Eastern Time on June 8, 2017. A live webcast of the presentation will be available on the Company’s website at IR.TractorSupply.com, and an archive of the webcast will be accessible for 90 days.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At April 1, 2017, the Company operated 152 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:
Kurt Barton: Chief Financial Officer
Christine Skold: Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:  John Rouleau/Rachel Schacter
Media:  Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Stanley Black & Decker President and CEO Jim Loree to present at the 2017 Electrical Products Group Conference

NEW BRITAIN, Conn, 2017-May-19 — /EPR Retail News/ — Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a presentation by Jim Loree, President  and CEO, at the 2017 Electrical Products Group Conference in Longboat Key, FL on Monday, May 22, 2017 at 10:45 AM EDT. The live webcast will be available in the “Investors” section of the company’s website at www.stanleyblackanddecker.com. A replay of the webcast will be provided on the website and will be available for 90 days.

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Contact:

Greg Waybright
Vice President, Investor Relations
(860) 827-3833
greg.waybright@sbdinc.com

Michelle Hards
Director, Investor Relations
(860) 827-3913
michelle.hards@sbdinc.com

SOURCE: Stanley Black & Decker

Liverpool FC footballer Daniel Sturridge delivered £500 worth of PE and outdoor equipment to Flintshire school through Sainsbury’s Active Kids

Liverpool FC footballer Daniel Sturridge delivered £500 worth of PE and outdoor equipment to Flintshire school through Sainsbury’s Active Kids

 

London, 2017-May-17 — /EPR Retail News/ — Liverpool FC and England footballer, Daniel Sturridge, has teamed up with Sainsbury’s to surprise children in Flintshire after thieves broke into their school during the Easter holiday and stole hundreds of pounds worth of PE and outdoor equipment.

On Monday 8 May, Sturridge visited St Winefride’s Catholic Primary School, in Holywell, to deliver £500 worth of PE and outdoor equipment which was donated through Sainsbury’s Active Kids. The donation will replace kit that was stolen from two storage units at the school in April and was organised by colleagues from Sainsbury’s in Flint.

The Liverpool and England hero surprised the children, who believed they were having an ordinary PE lesson, by turning up with armfuls of equipment including footballs, tennis rackets and space hoppers. The kids were stunned as Sturridge appeared in the assembly hall with colleagues from the nearby Sainsbury’s store in Flint. The Liverpool striker answered questions from the children before heading to the playing field for a PE lesson with the school’s football team where he cheered on the children and shared his skills on the pitch – including his iconic ‘Daniel Sturridge dance’.

He also took time out of his busy schedule to meet four-year-old Alfie Edwards whose parents originally got in touch with Sainsbury’s to ask for help when the theft took place. Alfie chatted to Sturridge before being presented with a signed football, which his Dad described as ‘a dream come true’.

Daniel Sturridge, Active Kids ambassador for Sainsbury’s, said: “It was great to head back to school to surprise the children at St Winefride’s with their new equipment and have a kick about with some potential future football stars. When I found out about the break in I was really keen to help out and put a smile back on the faces of the children and staff.

“I love being part of the Active Kids scheme helping encourage children to eat well, move well and live well. I’d urge everyone to hand in their Active Kids vouchers to registered schools and clubs in their local area before 30 June so we can help to get even more children involved in sports and exercise.”

Sian Jones-Evans, Head Teacher at St Winefride’s Catholic Primary School, added: “When some of the parents got in touch with Sainsbury’s to explain that our equipment had been stolen, we hoped they may be able to give us a couple of footballs and outdoor toys. But we were completely overwhelmed when they said they’d be donating £500 worth of Active Kids kit – and having the equipment delivered by Daniel was a tremendous surprise.

“Daniel is such an inspiration and all of the children and staff loved having him here. He’s certainly got them excited about health and exercise.

“Overall we’re really grateful to Sainsbury’s for all of their support. The Active Kids scheme has already helped us to teach hundreds of children how to lead a healthier and more active lifestyle and with our new kit we can continue to inspire children to be involved in sport.”

Anna Harland, Head of Corporate Responsibility & Society for Sainsbury’s, said: “We were really disappointed to hear about the burglary at St Winefride’s Catholic Primary School over Easter and we wanted to do something to help. We hope that a surprise visit from Daniel and some new Sainsbury’s Active Kids equipment has gone some way to encourage the kids to continue living healthy and active lifestyles.”

The 2017 Active Kids voucher collection scheme ran until 2 May. Customers received one voucher for every £10 spent in supermarkets and one voucher for every £5 spent in convenience stores. Since the scheme began, schools in Wales have received over £3.6 million worth of equipment.

Sturridge is one of four Active Kids Ambassadors. Fresh from a record-breaking season with Liverpool FC, he continued to support the scheme in 2017 and is now encouraging Sainsbury’s shoppers to hand in their vouchers which can redeemed by registered schools and groups in exchange for sports and cooking equipment and experiences.

Over the years the Active Kids scheme has grown and expanded to help inspire healthy eating for children and includes items of cooking equipment to get them involved. There is also a range of free cooking and nutrition toolkits – endorsed by the British Nutrition Foundation, which are available to teachers to help children learn about a balanced diet. Since the scheme launched in 2005, over £170 million worth of equipment and experiences has been handed over to registered schools, groups and clubs across the UK.

To see what happened when Daniel Sturridge suprised the pupils please visit https://www.youtube.com/watch?v=kEME2yJT0N0 and for more information on the Active Kids scheme go to https://activekids.sainsburys.co.uk/.

Contact:

press_office@sainsburys.co.uk
020 7695 7295

Source: Sainsbury’s

###

Stanley Black & Decker to webcast its 2017 Investor Day scheduled for Tuesday, May 16, 2017

NEW BRITAIN, Conn., 2017-May-12 — /EPR Retail News/ — Stanley Black & Decker (NYSE: SWK) announced today (May 9, 2017) that it will audio webcast its Investor Day scheduled for Tuesday, May 16, 2017, in New York, NY. Presentations by senior management will be webcast beginning at 9:00 AM EDT and concluding at approximately 1:00 PM EDT.

The live webcast will be available in the “Investors” section of the company’s website at www.stanleyblackanddecker.com. A replay of the webcast will be provided on the website and will be available for 90 days.

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

Investor Contacts:
Greg Waybright
Vice President, Investor Relations
greg.waybright@sbdinc.com
(860) 827-3833

Michelle Hards
Director, Investor Relations
michelle.hards@sbdinc.com
(860) 827-3913

Media Contacts:
Shannon Lapierre
Vice President, Communications
shannon.lapierre@sbdinc.com
(860) 827-3575

Tim Perra
Vice President, Communications
tim.perra@sbdinc.com
(860) 826-3260

SOURCE: Stanley Black & Decker

Carrefour Poland sets up a retail technological incubator

Poland, 2017-May-11 — /EPR Retail News/ — Carrefour is the first retail chain in Poland to set up a retail technological incubator. This project will enable Carrefour to research and implement relevant innovations for the entire retail sector, while supporting the development of Polish entrepreneurship and young Polish talent.

Carrefour Poland will place 652 square meters of specially equipped office space in Warsaw at the disposal of selected start-ups. At the same time, the Carrefour store with the most modern commercial concepts will be used to test new ideas developed in the incubator, for example, digital applications and solutions to optimise sales processes and interactions with customers.

Carrefour encourages cooperation with start-ups and companies that are well established in the new technologies industry, as well as IT and commerce higher education colleges.

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

. By phone:

Switchboard: +33 (0)1 41 04 26 00

For journalists: +33 (0)1 41 04 26 17

. By e-mail: presse_groupe@

Source: Carrefour Group

Cabela’s Inc Experienced Challenging Traffic Patterns In Release of First Quarter 2017 Results

  • First Quarter GAAP Diluted EPS of $0.28 and Non-GAAP Diluted EPS of $0.40
  • Cabela’s CLUB® Avg. Receivables Grew 11.0%
  • Consolidated Retail Comparable Store Sales Decreased 8.9%
  • SD&A Expenses Decreased $1.3 Million to $327.9 Million on a GAAP Basis and Decreased $3.1 Million to $318.6 Million on a Non-GAAP Basis

SIDNEY, Neb., 2017-May-08 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today (May 4, 2017) reported financial results for the first quarter fiscal 2017.

For the quarter, on a GAAP basis, total revenue decreased 3.4% to $834.9 million, revenue from retail store sales decreased 3.9% to $542.0 million, Internet and catalog sales decreased 12.6% to $136.1 million, and Financial Services revenue increased 6.5% to $150.0 million. For the quarter, U.S. comparable store sales decreased 9.1% and consolidated comparable store sales decreased 8.9%.

For the quarter, net income decreased 16.7% to $19.1 million compared to $22.9 million in the year ago quarter, and earnings per diluted share were $0.28 compared to $0.33 in the year ago quarter. Adjusted for certain items, the Company reported first quarter net income of $27.6 million and earnings per diluted share of $0.40 as compared to net income of $29.5 million and earnings per diluted share of $0.43 in the year ago quarter. First quarter 2017 GAAP results included impairment and restructuring charges and other items totaling a $0.12 reduction in earnings per diluted share. See the supporting schedules to this earnings release labeled “Reconciliation of GAAP Reported to Non-GAAP Adjusted Financial Measures” for a reconciliation of the GAAP to non-GAAP financial measures.

“While we were disappointed with our merchandise sales in the first quarter, we were very pleased with the excellent performance of our Cabela’s CLUB Visa program and our focus on expense management, which continued to provide meaningful contributions to profitability,” said Tommy Millner, Cabela’s Chief Executive Officer. “Similar to broader retail industry trends, we continued to experience challenging traffic patterns in the first quarter. Our growth in average ticket was more than offset by continued decreases in transactions.”

For the quarter, consolidated comparable store sales decreased 8.9% and U.S. comparable store sales decreased 9.1% as compared to the same quarter a year ago. The decrease in comparable store sales was attributable to several specific events. Firearms and ammunition have faced several headwinds including the election and the tough comparisons from the San Bernardino tragedy a year ago. The home and gifts category was challenged by difficult comparisons related to a significant spike in demand for specific items in the first quarter a year ago. While apparel categories comped negatively for the quarter, they have shown signs of improvement and were down less than the consolidated comp.

Merchandise gross margin decreased by 80 basis points in the quarter to 31.4% compared to 32.2% in the same quarter a year ago. This decrease was primarily attributable to the impacts of increased sales discounts and promotional activity as well as merchandise mix. Sales discounts and promotional activity were responsible for approximately 70 basis points of the decrease and the merchandise mix impact was approximately 10 basis points of the overall decrease for the quarter.

Expense management initiatives continued to generate meaningful contributions to profitability. For the quarter, GAAP basis SD&A expenses decreased by $1.3 million to $327.9 million as compared to $329.2 million in the same quarter a year ago. On a non-GAAP basis, SD&A expenses decreased $3.1 million to $318.6 million as compared to $321.7 millionin the same quarter a year ago. Expense reductions were primarily related to efficiencies in labor and a decrease in certain marketing expenses.

“We continue to be very pleased with the results of our expense and process improvement initiatives,” Millner said. “We are particularly encouraged by the sustainable impact of these initiatives from their implementation in 2015 through the first quarter. I commend our teams for executing these profitability enhancing improvements throughout the business.”

The Cabela’s CLUB Visa program had another excellent quarter. For the quarter, growth in the average number of active credit card accounts was 2.4% and growth in average balance per active credit card account was 8.3% as compared to the same period a year ago. The average balance of credit card loans grew 11.0% to approximately $5.4 billion as compared to $4.9 billion in the year ago quarter. For the quarter, net charge-offs were 3.18%. First quarter Financial Services revenue increased 6.5% over the year ago quarter. This increase was primarily driven by increases in interest and fee income, which was largely offset by increases in the provision for loan losses as well as interest expense. During the quarter, the allowance for loan losses was reduced by $6.2 million as compared to a reduction of $1.2 million in the same quarter a year ago. For the quarter, the reduction in the allowance for loan losses was due to improvements in the roll rates for early stage delinquencies from the end of the fourth quarter of 2016 to the end of the first quarter of 2017.

As a reminder, Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while the acquisition of the Company by Bass Pro Shops is pending.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty omni-channel retailer of hunting, fishing, camping, shooting sports, and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Cabela’s offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchangeunder the symbol “CAB”.

Caution Concerning Forward-Looking Statements

This press release contains “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The words “believe,” “may,” “should,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “plan,” “confident,” and similar statements are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause the Company’s actual results, performance, or financial condition to differ materially from the expectations of future results, performance, or financial condition that the Company expresses or implies in any forward-looking statements. These risks and uncertainties include, but are not limited to: the satisfaction of the conditions precedent to the consummation of the proposed merger by and among Bass Pro Group, LLC, Prairie Merger Sub, Inc., a wholly owned subsidiary of Bass Pro Group, LLC, and the Company, including, without limitation, the receipt of stockholder and regulatory approvals, including as a result of the inability of Synovus Bank to timely obtain regulatory approvals for its consummation of its purchase of the assets of World’s Foremost Bank; unanticipated difficulties or expenditures relating to the proposed merger; legal proceedings, judgments, or settlements, including those that may be instituted against the Company, the Company’s board of directors, executive officers, and others following the announcement of the proposed merger; disruptions of current plans and operations caused by the announcement and pendency of the proposed merger; potential difficulties in employee retention due to the announcement and pendency of the proposed merger; the response of customers, suppliers, business partners, and regulators to the announcement of the proposed merger; the state of the economy and the level of discretionary consumer spending, including changes in consumer preferences, demand for firearms and ammunition, and demographic trends; adverse changes in the capital and credit markets or the availability of capital and credit; the Company’s ability to successfully execute its omni-channel strategy; increasing competition in the outdoor sporting goods industry and for credit card products and reward programs; the cost of the Company’s products, including increases in fuel prices; the availability of the Company’s products due to political or financial instability in countries where the goods the Company sells are manufactured; supply and delivery shortages or interruptions, and other interruptions or disruptions to the Company’s systems, processes, or controls, caused by system changes or other factors; increased or adverse government regulations, including regulations relating to firearms and ammunition; the Company’s ability to protect its brand, intellectual property, and reputation; the Company’s ability to prevent cybersecurity breaches and mitigate cybersecurity risks; the outcome of litigation, administrative, and/or regulatory matters (including the ongoing audits by tax authorities and compliance examinations by the Federal Deposit Insurance Corporation); the Company’s ability to manage credit, liquidity, interest rate, operational, legal, regulatory capital, and compliance risks; the Company’s ability to increase credit card receivables while managing credit quality; the Company’s ability to securitize its credit card receivables at acceptable rates or access the deposits market at acceptable rates; the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry; and other risks, relevant factors, and uncertainties identified in the Company’s filings with the SEC (including the information set forth in the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended December 31, 2016), which filings are available at the Company’s website at www.cabelas.com and the SEC’s website at www.sec.gov. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. The Company’s forward-looking statements speak only as of the date they are made. Other than as required by law, the Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

Investors:
Cabela’s Incorporated
Andrew Weingardt
308-255-7428

Media:
Cabela’s Incorporated
Nathan Borowski
308-255-2861

Source: Cabela’s Incorporated

Retail decoration: Spanish firm Panespol launches new ideas LAB to meet creatives’ wild designs

Alicante, Spain, 2017-May-03 — /EPR Retail News/ — The Spanish design surfaces company Panespol® has launched a new bespoke service for architects and designers who need made-to-measure 3D objects for retail decoration.

Claiming to provide any shapes, materials, and reasonable sizes, as well as special effects, tricks, and delivery to sharp deadlines, the Panespol® LAB service has been made possible by smart technology updates and the firm’s own patents in polymer materials, although it will work in all materials, even natural plants from forests.

“We know that designers and architects are tired of recycling ideas because no one has an out-of-the-box production capacity for big orders on out-of-the-ordinary projects,” says Panespol®.

“Now they can be as specific and demanding as they like, and can dream big and have someone make it all happen, and do all the work from conception to final delivery.”

The Alicante-based firm, founded in 2001, has become known worldwide for the quality of its wall coverings in light, hard-wearing, fireproof, and ecological imitations that can be mounted by one person without building skills. It supplies chains such as Inditex (Bershka, Stradivarius), Burger King, Pizza Hut, Urban Jungle, and even Ikea.

This new LAB service was showcased to much acclaim at the recent retail fair Euroshop, held in Düsseldorf from March 5 to 9, where Panespol® mounted an interactive stand featuring some of the ‘off-the-wall’ shapes it can produce on demand.

Contact:

Press: Peter Wix
innovation@panespol.com

Panespol: Sonia Bernabeu (International)
sonia@panespol.com

Craftsman brand wins one Gold and two Bronze Edison Awards for innovation

Craftsman brand wins one Gold and two Bronze Edison Awards for innovation

 

Awards Celebrate 30 Years of Honoring Innovators and Innovation

NEW YORK, 2017-May-02 — /EPR Retail News/ — The Edison Awards, celebrating 30 years of honoring the best in innovation and excellence in the development of new products and services, announced that the Craftsman brand was voted a winner of one Gold and two Bronze Edison Awards for innovation at the recent event at The Capitale in New York City.

The Craftsman® Flex Claw™ Hammer received a Gold Edison Award while the Craftsman Sidewinder™ Flat Tape and Craftsman Smart Lawn™ Connect Kit won Bronze Edison Awards.”I’m so proud of our product development team,” said Tom Park, president of the KCD Brands division at Sears Holdings. “They found a way to bring innovation to the most basic of tools – the hammer – by giving it more functionality with four clawing positions. Our Craftsman Sidewinder Measuring Tape makes you say ‘why didn’t I think of that?’ And the Craftsman Smart Lawn app allows you to view the tractor’s performance diagnostics, giving you peace of mind, plus money saving maintenance tips, weather tracking and more – everything you need to keep the best yard on the block.”

Edison Award Winning Products from Craftsman:

  • Built for speed and convenience, the versatile Craftsman Flex Claw Hammer allows you to drive nails with precision and pry boards with excellent access and leverage thanks to a jointed head. The head locks in four different clawing positions to access difficult angles. Made of forged carbon steel with a magnetic nail starter and rubber grip, this hammer is the new twist on a classic.
  • The Craftsman Sidewinder Measuring Tape features an exclusive design that allows the body to lie flat unlike traditional tape measures. Combined with a rear tang to hold the tape measure in place, it allows you to measure without the tape tipping over. It also has an auto blade lock, micro texture grip surface and a writable surface to note measurements that make it a “must-have” for the toolbox.
  • The Craftsman Smart Lawn Connected Riding Mowers provide the complete care system for your mower. Take command of your lawn care with the wireless-enabled Smart Lawn app from Craftsman. Just download the free Smart Lawn app to your smart device and follow the on-screen instructions to connect your mower using wireless technology. It notifies you when it’s time to change the oil, replace the air filter, replace blades and check battery status. Access DIY maintenance videos, the owner’s manual and shop for parts and accessories.

Winning an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business. The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods and innovative achievements literally changed the world, garnered him 1,093 U.S. patents, and made him a household name around the world.

“Our judges recognized Craftsman as a true innovator out of the many products in its category,” said Frank Bonafilia, executive director of the Edison Awards.

The ballot of nominees for the Edison Awards was judged by a panel of more than 3,000 leading business executives including past award winners, academics and leaders in the fields of product development, design, engineering, science and medical.

In addition to the Awards Gala, the annual Edison Awards program encompassed a full-day “Meet the Innovators Forum” and the “Innovators’ Showcase,” which offered guests a hands-on experience with many of the winning products.

Craftsman at Sears
The Craftsman brand has been America’s most trusted tool brand for generations, woven into the fabric of the American lifestyle. And Sears is your first destination for Craftsman products, with the widest selection on the planet and the original home of Craftsman. Craftsman at Sears continues to develop innovative tools and products, earning a reputation for unsurpassed quality and durability. This includes a full range of hand and power tools that meet the needs of the DIY user and the demanding professional. In addition, Craftsman at Sears also includes lawn and garden products and tool storage. Plus, Craftsman at Sears is part of Shop Your Way®, a social shopping experience where members have the ability to earn points and receive benefits when shopping at Sears stores and Sears.com/Craftsman.

About the Edison Awards
The Edison Awards is a program conducted by Edison Universe, a non-profit, 501(c)(3) organization dedicated to fostering future innovators. The Awards have been recognizing and honoring the best in innovations and innovators since 1987. They honor game-changing innovations that are at the forefront of new product and service development, marketing and human-centered design, and are one of the highest accolades a company can receive in the name of successful innovation. For more information about the Edison Awards complete program and a list of past winners, visit www.edisonawards.com.

*Craftsman and related marks are used under license

For More Information,
Contact:

Larry Costello
PR Director – Sears Holdings
(847) 286-9036

SOURCE: Craftsman at Sears

###

Tractor Supply Company Encouraged By Significant Spring Business After Release of First Quarter Fiscal 2017 Results

Sales Increased 6.6% to $1.56 Billion; Comparable Store Sales Decreased 2.2%; Earnings per Share Decreased 8.0% to $0.46

BRENTWOOD, TN, 2017-Apr-29 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (04/26/17 ) announced financial results for its first quarter ended April 1, 2017.

First Quarter Results

As previously reported in the Company’s Business Update press release on April 11, 2017, net sales for the first quarter 2017 increased 6.6% to $1.56 billion from $1.47 billion in the first quarter of 2016. Comparable store sales decreased 2.2% compared to an increase of 4.9% (2.6% adjusted for the week shift) in the prior year’s first quarter. Each quarter of fiscal 2017 starts one week later than the same quarter of fiscal 2016 due to the Company’s 2016 fiscal year having 53 weeks versus the normal 52 weeks. The comparable store sales results included decreases in comparable transaction count and average ticket of 1.4% and 0.9%, respectively. The decrease in comparable store sales was primarily driven by lower sales of seasonal merchandise and the impact of deflation. On a regional basis, sales were most challenged in the Northern regions, where weather had a more pronounced impact on sales for the quarter. The weakness in seasonal categories was partially offset by a positive comparable store sales increase in the Livestock and Pet category.

Gross profit increased 4.8% to $518.2 million from $494.4 million in the prior year’s first quarter, and gross margin decreased 60 basis points to 33.1% from 33.7% in the prior year’s first quarter. The decrease in gross margin was primarily driven by higher markdowns on cold weather merchandise, targeted promotional activity, and a higher freight expense for consumable, usable and edible (C.U.E.) products.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 9.2% to $421.8 million from $386.2 million in the prior year period. As a percent of net sales, SG&A expenses increased 70 basis points to 27.0% from 26.3% in the first quarter of 2016. The increase in the SG&A ratio was primarily attributable to the deleveraging of store personnel and occupancy expenses from the decline in comparable store sales.

Net income decreased 10.9% to $60.3 million from $67.7 million and diluted earnings per share decreased 8.0% to $0.46 from $0.50 in the first quarter of the prior year.

The Company opened 24 new Tractor Supply stores and converted its two Hometown Pet stores to Petsense stores in the first quarter of 2017 compared to 36 new store openings and three store closures, all of which were Del’s stores, in the prior year period. The Company also opened nine new Petsense stores (including the conversion of the Hometown Pet stores) during the quarter and had no store closures.

Greg Sandfort, Chief Executive Officer, stated, “Due to the challenging weather conditions, we were unable to offset the strong seasonal performance from last year’s first quarter. As the weather has normalized over the past few weeks, we are encouraged with how the customer has responded and believe there is significant spring business ahead of us. Looking ahead, we know the retail landscape is changing very quickly, and we know our customers’ expectations are changing as well. With this in mind, we continue to execute against the strategic initiatives that we believe will drive sales and customer service as well as maintain our competitive positioning.”

Fiscal 2017 Outlook

Given the seasonality of the business and the impact weather can have on the timing of sales between quarters, the business is more accurately assessed by the halves and not the quarters. As a result, the Company has not updated guidance for the results of operations expected for fiscal 2017.

Conference Call Information

Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At April 1, 2017, the Company operated 152 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Forward Looking Statements

As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including without limitation, statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, weather conditions, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates at the time the statements are made, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Kurt D. Barton
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors: John Rouleau/Rachel Schacter, ICR
Media: Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Cabela’s enters into agreements with Synovus Financial Corp and Capital One for the sale of assets and liabilities of World’s Foremost Bank

  • Synovus Bank to Acquire Assets and Deposits of World’s Foremost Bank; Capital One to Acquire Credit Card Assets and Related Liabilities and Become Long-term Cabela’s Credit Card Issuing Partner
  • Cabela’s Shareholders to Receive $61.50 Per Share Under Amended Bass Pro Shops Merger Agreement
  • Transaction Expected to Close in Third Quarter of 2017 Subject to Cabela’s Shareholder Approval, Regulatory Approvals and Customary Closing Conditions

SIDNEY, Neb, 2017-Apr-19 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today (Apr. 17, 2017) announced that it has entered into agreements with subsidiaries of Synovus Financial Corp.(NYSE:SNV) and Capital One Financial Corporation (NYSE:COF) (“Capital One”) (the “Bank Transaction Agreements”) in connection with the sale of the assets and liabilities of Cabela’s wholly owned bank subsidiary, World’s Foremost Bank (the “Bank”).

Under the terms of the Bank Transaction Agreements, Synovus Bank (“Synovus”), a bank subsidiary of Synovus Financial Corp., a financial services company based in Columbus, Georgia, with approximately $30 billion in assets, will acquire certain assets and assume certain liabilities of the Bank, including deposits totaling approximately $1.2 billion. Following the completion of the sale of the Bank’s assets and liabilities, Synovus will sell the Bank’s credit card assets and related liabilities to Capital One. Synovus will retain the Bank’s deposits.

As originally announced, Capital One will be the exclusive issuing partner of Cabela’s branded CLUB Visa program pursuant to a 10-year program agreement. Capital One intends to continue to operate the Cabela’s CLUB servicing center in Lincoln, Nebraska.

Cabela’s also announced that it has amended the terms of the definitive merger agreement signed on October 3, 2016, under which Bass Pro Shops will acquire Cabela’s (the “Amended Merger Agreement”). Under the Amended Merger Agreement, Bass Pro Shops will acquire Cabela’s for $61.50per share in cash, representing an aggregate transaction value of approximately $5.0 billion. Cabela’s Board of Directors unanimously approved the transaction, which is expected to close in the third quarter of 2017, subject to Cabela’s shareholder approval, regulatory approvals and other customary closing conditions. Additional detail about the Amended Merger Agreement can be found in the Form 8-K that Cabela’s will file with the Securities and Exchange Commission.

“We’re excited to announce this agreement, which allows us to look ahead with greater certainty toward the completion of our merger with Bass Pro Shops and offers a positive step forward for all parties,” said Tommy Millner, Cabela’s Chief Executive Officer. “We look forward to completing these transactions for the benefit of our shareholders, Outfitters and outdoor enthusiasts.”

Johnny Morris, founder and CEO of Bass Pro Shops said, “We remain excited about the exceptional opportunity we have to continue to serve sportsmen and sportswomen by bringing together Cabela’s, Bass Pro Shops and White River Marine Group. Today’s announcement is an important step forward and we are excited about the opportunity to continue celebrating the great Cabela’s brand with ours as one unified outdoor family for our customers and for conservation.”

The Bass Pro Shops merger remains subject to approval by Cabela’s shareholders, as well as antitrust clearance and other customary closing conditions. The Bank transaction is subject to regulatory approvals by Synovus’s primary bank regulators and other customary closing conditions. The Bank transaction will close immediately prior to the closing of the Bass Pro Shops merger.

Guggenheim Securities served as exclusive financial advisor to Cabela’s and Sidley Austin LLP and Koley Jessen P.C., L.L.O. served as Cabela’s legal counsel with expert advice from Sullivan & Cromwell LLP.

The Kessler Group and Credit Suisse acted as financial advisers to Capital One and Wachtell, Lipton, Rosen & Katz and Chapman and Cutler acted as legal advisers.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty omni-channel retailer of hunting, fishing, camping, shooting sports, and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Cabela’s offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

About Bass Pro Shops

Bass Pro Shops is a leading destination retailer offering outdoor gear and apparel in an immersive setting. Founded in 1972 when avid young angler Johnny Morris began selling tackle out of his father’s liquor store in Springfield, Missouri, today more than 100 retail and marine centers host 120 million people annually. Bass Pro Shops also operates White River Marine Group, offering an unsurpassed collection of industry-leading boat brands, and Big Cedar Lodge, America’s Premier Wilderness Resort. Under the visionary conservation leadership of Johnny Morris, Bass Pro Shops is known as a national leader in protecting habitat and introducing families to the outdoors and has been named by Forbes as “one of America’s Best Employers.”

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $236.8 billion in deposits and $357.0 billion in total assets as of December 31, 2016. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

About Synovus

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $30 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 248 branches, and 327 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Bank, a wholly owned subsidiary of Synovus, was recognized as one of America’s Most Reputable Banks by American Banker and the Reputation Institute in 2016 and 2015, and was named “Best Regional Bank, Southeast” by MONEYMagazine for 2016-17. Synovus is on the web at synovus.com, on Twitter @synovus, and on LinkedIn at http://linkedin.com/company/synovus.

ADDITIONAL INFORMATION REGARDING THE TRANSACTION AND WHERE TO FIND IT

This communication does not constitute an offer to sell or the solicitation of an offer to buy the securities of Cabela’s Incorporated (the “Company”) or the solicitation of any vote or approval. This communication is being made in respect of the proposed merger transaction involving the Company, Bass Pro Group, LLC (“Bass Pro Group”) and a wholly-owned subsidiary of Bass Pro Group. The proposed merger of the Company will be submitted to the stockholders of the Company for their consideration. In connection therewith, the Company intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a definitive proxy statement regarding the proposed merger. However, such documents are not currently available. The definitive proxy statement regarding the proposed merger will be mailed to the stockholders of the Company. BEFORE MAKING ANY VOTING OR ANY INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED MERGER AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain free copies of the definitive proxy statement, any amendments or supplements thereto and other documents containing important information about the Company, once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company’s website at www.cabelas.com under the heading “SEC Filings” in the “Investor Relations” portion of the Company’s website. Stockholders of the Company may also obtain a free copy of the definitive proxy statement regarding the proposed merger and any filings with the SEC that are incorporated by reference in such definitive proxy statement by contacting the Company’s Investor Relations Department at (308) 255-7428.

PARTICIPANTS IN THE SOLICITATION

The Company and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Information about the directors and executive officers of the Company is set forth in its definitive proxy statement for its 2016 Annual Meeting of Stockholders, which was filed with the SEC on November 17, 2016, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation of the stockholders of the Company and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the preliminary and definitive proxy statements and other relevant materials to be filed with the SEC when they become available.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. All statements other than statements of current or historical fact contained in this report are forward-looking statements. The words “believe,” “may,” “should,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “plan,” “confident,” and similar statements are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause the Company’s actual results, performance, or financial condition to differ materially from the expectations of future results, performance, or financial condition the Company expresses or implies in any forward-looking statements. These risks and uncertainties include, but are not limited to: the satisfaction of the conditions precedent to the consummation of the proposed merger, including, without limitation, the receipt of stockholder and regulatory approvals; unanticipated difficulties or expenditures relating to the proposed merger; legal proceedings, judgments or settlements, including those that may be instituted against the Company, the Company’s board of directors, executive officers and others following the announcement of the proposed merger; disruptions of current plans and operations caused by the announcement and pendency of the proposed merger; potential difficulties in employee retention due to the announcement and pendency of the proposed merger; the response of customers, suppliers, business partners and regulators to the announcement of the proposed merger; the state of the economy and the level of discretionary consumer spending, including changes in consumer preferences, demand for firearms and ammunition, and demographic trends; adverse changes in the capital and credit markets or the availability of capital and credit; the Company’s ability to successfully execute the Company’s omni-channel strategy; increasing competition in the outdoor sporting goods industry and for credit card products and reward programs; the cost of the Company’s products, including increases in fuel prices; the availability of the Company’s products due to political or financial instability in countries where the goods the Company sells are manufactured; supply and delivery shortages or interruptions, and other interruptions or disruptions to the Company’s systems, processes, or controls, caused by system changes or other factors; increased or adverse government regulations, including regulations relating to firearms and ammunition; the Company’s ability to protect the Company’s brand, intellectual property, and reputation; the Company’s ability to prevent cybersecurity breaches and mitigate cybersecurity risks; the outcome of litigation, administrative, and/or regulatory matters (including the ongoing audits by tax authorities and compliance examinations by the Federal Deposit Insurance Corporation (“FDIC”)); the Company’s ability to manage credit, liquidity, interest rate, operational, legal, regulatory capital, and compliance risks; the Company’s ability to increase credit card receivables while managing credit quality; the Company’s ability to securitize the Company’s credit card receivables at acceptable rates or access the deposits market at acceptable rates; the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry; and other risks, relevant factors, and uncertainties identified in the Company’s filings with the Securities and Exchange Commission (“SEC”) (including the information set forth in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, and in subsequent filings), which filings are available at the SEC’s website at www.sec.gov. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. The Company’s forward-looking statements speak only as of the date of this document. Other than as required by law, the Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

Media Contact:
For Cabela’s
Cabela’s Incorporated
Corporate Communications
308-255-1204
Media.Communications@cabelas.com

Joele Frank, Wilkinson Brimmer Katcher
Michael Freitag / Scott Bisang, 212-355-4449
Jed Repko / Joe Millsap, 415-869-3950

For Capital One
Sie Soheili
703-720-3929
Sie.Soheili@capitalone.com

For Bass Pro Shops
Bass Pro Shops Media Center
417-873-4567
press@basspro.com

Sard Verbinnen & Co
Bryan Locke / Debbie Miller / Jacob Crows, 312-895-4700

For Synovus
Lee Underwood
706-644-0528

Investors Contact:
Cabela’s Incorporated
Andrew Weingardt
308-255-7428

Capital One
Danielle Dietz
703-720-2455
Danielle.Dietz@capitalone.com

Synovus Financial Corp.
Bob May
706-649-3555

Source: Cabela’s Incorporated

Albert Heijn test slimme koelkastmagneet

Albert Heijn test slimme koelkastmagneet

 

Eerste proef met Hiku in Nederland van start

Zaandam, Netherlands, 2017-Apr-14 — /EPR Retail News/ — Albert Heijn gaat als eerste in Nederland een test doen met Hiku.

  • Hiku is een slimme koelkastmagneet die iedereen in het gezin kan gebruiken om producten op het boodschappenlijstje te zetten.
  • Door boodschappen in te spreken of producten te scannen met Hiku worden ze toegevoegd aan het boodschappenlijstje in de Appie app en op ah.nl.
  • Klanten kunnen vervolgens met dit lijstje naar de winkel of de producten in één klik toevoegen aan hun bestelling.

Uit een rondvraag onder klanten blijkt dat ruim 70% gebruik maakt van een boodschappenlijstje bij het boodschappen doen. Veel klanten vergeten daarbij wel eens iets op het lijstje te zetten of zij vergeten het boodschappenlijstje mee te nemen naar de winkel. Het maken van een compleet boodschappenlijstje wordt een stuk makkelijker en leuker met Hiku: een klein apparaatje, met een microfoon en een barcodescanner, dat verbonden is met het WiFi thuisnetwerk. Spreek de boodschappen in of scan ze met de Hiku en ze worden automatisch toegevoegd aan je lijstje in de Appie app en op ah.nl. Vervolgens kunnen klanten boodschappen doen zoals zij dat het liefst willen: in de winkel kopen, thuis laten bezorgen of ophalen bij een Pick Up Point. In onder andere Amerika en Frankrijk wordt de Hiku al door supermarkten aangeboden, het is voor het eerst dat deze gadget in Nederland wordt getest.

Om te kijken of klanten de Hiku een handig hulpmiddel vinden bij het maken van een boodschappenlijstje, heeft Albert Heijn tweehonderd klanten – zowel klanten die hun boodschappen in de winkel doen als klanten die de boodschappen online bestellen – uitgenodigd mee te doen aan een test. Zij ontvangen kosteloos een Hiku om die gedurende twee maanden te testen.

Afdeling mediarelaties:
pers@ah.nl
088 6590 2020

Source: Albert Heijn

###

Tractor Supply announces 6.6% net sales increase to $1.56 billion in 1Q 2017 vs. same period in 2016

BRENTWOOD, TN, 2017-Apr-14 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today ( 4/11/2017) provided a business update for the first quarter ended April 1, 2017.

Net sales for the first quarter 2017 increased 6.6% to $1.56 billion from $1.47 billion in the first quarter of 2016. Comparable store sales decreased 2.2% versus an increase of 4.9% (2.6% adjusted for week shift) in the prior year’s first quarter. Each quarter of fiscal 2017 starts one week later than the same quarter of fiscal 2016 due to the Company’s 2016 fiscal year having 53 weeks versus the normal 52 weeks. The comparable store sales results included decreases in comparable transaction count and average ticket of 1.4% and 0.9%, respectively. The decrease in comparable store sales was primarily driven by lower sales of seasonal merchandise and the impact of deflation. On a regional basis, sales were most challenged in the Northern regions, where weather had a more pronounced impact on sales for the quarter. The weakness in seasonal categories was partially offset by a positive comparable store sales increase in the Livestock and Pet category.

As a result of the above factors, the Company expects net income per diluted share for the first quarter to range from $0.45 to $0.46.

Greg Sandfort, Chief Executive Officer, stated, “Weather can influence the demand for certain products, and while we had a challenging quarter with respect to sales and margin, our business is more accurately assessed by the halves, not the quarters. We believe seasonal merchandise sales will improve as we move further into the spring selling season.”

Mr. Sandfort continued, “We have a solid core business that is focused on a dedicated lifestyle customer who depends upon us for the products they need. Despite the challenging start to the fiscal year, we believe there is significant business ahead of us. We are excited about our upcoming merchandise initiatives and the continued execution of our cross-channel, customer centric growth strategy, which includes the recent expansion of Neighbor’s Club and Buy Online Pick Up In Store.”

Release and Webcast of Full First Quarter 2017 Results

The Company intends to release its full first quarter 2017 results after the market closes on Wednesday, April 26, 2017. In conjunction with the release of results, the management of Tractor Supply Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, April 26, 2017, which will be simultaneously webcast live over the Internet at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At April 1, 2017, the Company operated 152 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Forward Looking Statements

As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales, margins and earnings, estimated results of operations, and marketing, merchandising and strategic initiatives. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, weather conditions, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Kurt D. Barton
Chief Financial Officer

Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
TractorSupply.com
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply rolls out its Neighbor’s Club loyalty program nationwide

BRENTWOOD, TN, 2017-Apr-14 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (04/11/17) announced the completion of its national rollout of the Company’s Neighbor’s Club loyalty program, expanding to the entire chain of 1,600 plus stores.

Tractor Supply began its Neighbor’s Club pilot program in October of 2015 to show appreciation to our loyal customers and to accumulate actionable customer data that would result in more relevant and personalized communications with customers. Through the loyalty program, Tractor Supply is able to thank participating members for their business, provide members with rewards and special offers they value, learn more about their purchasing trends and interests, and ultimately increase customer loyalty to Tractor Supply’s stores.

“We’ve seen tremendous results since our initial pilot launch of Neighbor’s Club,” said Steve Barbarick, President and Chief Merchandising Officer. “The adoption rate from our customers continues to exceed our expectations, and we are proud to now have over 1 million members in the program, a first milestone en route to what we believe will be many million members to follow.”

Last year, Tractor Supply brought the Company’s customer database in-house, giving it the tools to better analyze and segment customer information that is being collecting from Neighbor’s Club members. To date, approximately 50 percent of Tractor Supply’s Neighbor’s Club members and over 80 percent of the email addresses collected are new to the Company’s database.

Tractor Supply Company’s Chief Executive Officer, Greg Sandfort stated, “We know that many of our customers want to interact with Tractor Supply on a more personalized level and the data that we’ve collected through Neighbor’s Club has allowed us to begin the process of personalizing relevant information to our customers in a powerful way. So whether you own a chicken, horse or a dog, you will receive information relevant to you.”

Sandfort continued, “Neighbor’s Club has proven to be an effective platform in which we can provide know-how exclusively for life Out Here, while getting to know our own neighbors’ needs and preferences. As more customers sign on to the program, we have seen an increase in our attribution, click-through and redemption rates and we are excited to now have Neighbor’s Club available in all Tractor Supply stores.”

Tractor Supply customers can sign up for Neighbor’s Club either in-store or online at neighborsclub.com. In addition to being eligible to earn seasonal rewards, Neighbor’s Club members will receive member-only offers, birthday offers, personal purchase summaries and receipt-free returns to make shopping with Tractor Supply even easier. For additional information on the Neighbor’s Club program, please visit neighborsclub.com.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.us.

Contact:

Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

BIKE WORLD BY SPORTXX IM KESSELHAUS FEIERT ERÖFFNUNG

BIKE WORLD BY SPORTXX IM KESSELHAUS FEIERT ERÖFFNUNG

 

Gossau, Switzerland, 2017-Mar-31 — /EPR Retail News/ — Am 30. März öffnet Bike World by SportXX im Kesselhaus Winterthur ihre Türen. Sie bietet die grösste Auswahl an Bikes und Marken, ein umfassendes Textil- und Zubehörangebot, eine integrierte Werkstatt und innovative Test-Tools.

Mit der Bike World by SportXX Winterthur eröffnet am 30. März ein neuer Velofachmarkt im Kesselhaus Winterthur. Auf zwei Stockwerken mit einer Verkaufsfläche von insgesamt rund 1200 m2 bietet das Fachgeschäft der Migros alles rund ums Zweirad. Das Sortiment spricht alle an, die auf der Suche nach einem hochwertigen Velo sind – vom Freizeitsportler bis zur ambitionierten Bikerin. Das Angebot der Bike World Winterthur umfasst rund 450 Fahrräder von zwölf Top-Marken. Das Sortiment enthält Velos aus allen Segmenten wie Mountainbikes, City- und Trekkingbikes, E-Bikes, Rennvelos, BMX und Kinderbikes ebenso wie ein umfassendes Textil-, Zubehör- und Ersatzteilangebot.
Die Migros Ostschweiz hat rund 1,3 Millionen Franken in den Ausbau der Bike World im Kesselhaus investiert.

Top-Beratung und attraktive Service-Leistungen

Die acht Mitarbeitenden der Bike World Winterthur zeichnen sich durch eine hohe Beratungs- und Fachkompetenz aus. Für die Beratung stehen verschiedene Analyse- und Testgeräte zur Verfügung. Mit deren Hilfe kann beispielsweise der richtige Sattel bestimmt werden. Ein Body Scanner wird zur Ermittlung der Körperergonomie eingesetzt und hilft bei der Wahl des optimalen Bikes. Zusätzlich bieten sich der Kundschaft mehrere Möglichkeiten zum Messen und Testen von Teilen wie etwa der Rahmengrösse, des Sattels, des Lichts, den Pedalen oder den Lenkergriffen. Auf der Teststrecke im Shop können Bikes gleich vor Ort ausprobiert werden.
In der grossen Velowerkstatt werden Reparaturen und individuelle Anpassungen zeitnah und direkt vor Ort erledigt. In der Werkstatt stehen ausgebildete Velomechaniker im Einsatz, die absolute Bike- und Branchenkenner sind. Regelmässige Fach- und Praxisausbildungen stellen sicher, dass alle Mitarbeitenden stets auf dem neusten Stand sind. Ab Sommer bietet die Bike World Winterthur auch Ausbildungsplätze für Detailhandelsangestellte und Velomechaniker an und investiert damit nachhaltig in die Qualität ihrer Mitarbeitenden und den Nachwuchs.

Dynamischer Filialleiter

Die Leitung der neuen Bike World by SportXX obliegt Patrick Messmer. Der 27-Jährige ist seit über elf Jahren für das orange M tätig. Schon seine Lehre absolvierte der Bassersdorfer bei SportXX. Nicht nur im Beruf begleitet ihn das Thema Velo schon seit Jahren. Auch in der Freizeit brennt er fürs Biken. Gemeinsam mit einem motivierten Team, das die Begeisterung fürs Velo verbindet, wird er die neue Herausforderung angehen: „Wir freuen uns auf die Begegnungen mit der Winterthurer Kundschaft. Alleine der schöne Laden mit seiner aussergewöhnlichen Einkaufsatmosphäre ist einen Besuch wert“, erklärt Patrick Messmer.

Brühlgut Stiftung unterstützt

Im Rahmen der Eröffnungsfeier für Behörden und Projektbeteiligte am Abend des 29. März überreicht Christian Vogel, Leiter Direktion Fachmarkt, einen Check im Wert von 5000 Franken für eine gemeinnützige Organisation an Stadtrat Stefan Fritschi. Die Stadt hat sich entschieden, den Betrag der Brühlgut Stiftung für ihr Projekt Velafrica zukommen zu lassen.

Attraktive Eröffnungsaktivitäten

Den Kundinnen und Kunden wird an den Eröffnungstagen der Bike World Winterthur von Donnerstag, 30. März, bis Samstag, 1. April, einiges geboten. Sie dürfen sich auf folgende Aktionen und Aktivitäten freuen:

  • Diverse Bike-Modelle von Top-Marken mit Rabatten bis zu 40%
  • 15% auf alle Textilien und Zubehör
  • Wettbewerb mit attraktiven Preisen

Die Öffnungszeiten der Bike World Winterthur

Montag bis Mittwoch: 9.00 – 19.00 Uhr
Donnerstag und Freitag: 9.00 – 20.00 Uhr
Samstag: 9.00 – 18.00 Uhr

Weitere Informationen zum Format Bike World by SportXX auf www.bikeworld.ch

Contact:
Genossenschaft Migros Ostschweiz
Herr Nico Canori
Kommunikation / Kulturprozent / Sponsoring
Industriestrasse 47
9201 Gossau
TEL: 071 493 24 54
FAX: 071 493 27 89
E-MAIL: nico.canori@gmos.ch

Source: Migros

###

MIGROS: NEUE VELO-FACHHANDELSKETTE MIT INTEGRIERTER WERKSTATT

MIGROS: NEUE VELO-FACHHANDELSKETTE MIT INTEGRIERTER WERKSTATT

 

Zurich, Switzerland, 2017-Feb-25 — /EPR Retail News/ — Die Migros baut ihre Fachkompetenz im Bereich Radsport weiter aus. Mit der Lancierung von Bike World by SportXX erhält die Schweiz eine neue Velo-Fachhandelskette mit der grössten Auswahl an Bikes und Marken, mit umfassendem Textil- und Zubehörangebot, integrierter Werkstatt und innovativen Test-Tools. Bike World eröffnet am 2. März 2017 den ersten Stand-alone-Fachhandelsshop in Volketswil. Zwei weitere Eröffnungen folgen in Muri bei Bern und in Winterthur.

Mit Bike World eröffnet die Migros in der Schweiz eine Velo-Fachhandelskette mit Verkaufsflächen zwischen 900 und 1200 m2. Auf diesen Verkaufsflächen finden Bike-Begeisterte alles unter einem Dach: 11 Top Bike-Marken (Trek, Scott, Giant, Flyer, Haibike, Ghost, Tour de Suisse, Diamant, Creme, Radio und Puky) sowie die Eigenmarke Crosswave, rund 450 Bikes aus allen Segmenten wie Mountainbikes, City- und Trekkingbikes, E-Bikes, Rennvelos, BMX und Kinderbikes, ein umfassendes Textil-, Zubehör- und Ersatzteilangebot sowie verschiedene Analyse- und Testgeräte.

Als Fachhandelsformat zeichnet sich Bike World nicht nur durch eine hohe Bike-Kompetenz, sondern auch durch höchste Service- und Dienstleistungsqualität aus. Jeder Bike World Shop wird mit einer grossen Velowerkstatt ausgestattet, in der Reparaturen und individuelle Kundenwünsche vor Ort ausgeführt werden. Umfangreiche Zusatzleistungen wie lebenslange Rahmengarantie, kostenloser 3-Monats-Service oder Heimlieferservice zählen ebenso dazu.

Die hochwertigen Materialien im Ladenbau, die emotionale Inszenierung der Produkte mittels Bildwelten und Instore Screens sorgen für eine optimale Kundenführung und ein einzigartiges Einkaufserlebnis.

Professionelle Fachberatung

Bike World spricht von Freizeitsportlern bis hin zu ambitionierten Bikern alle an, die auf der Suche nach einem hochwertigen Bike sind und Wert auf eine fundierte Beratung und attraktive Service-Leistungen legen. Bestandteil einer professionellen Beratung sind auch Analyse-Geräte mit deren Hilfe beispielsweise der richtige Sattel bestimmt werden kann, oder die Einbindung eines Body Scanners von SmartFit zur Ermittlung der Körperergonomie und somit des optimalen Bikes in der richtigen Rahmengrösse. Bike World Kunden können Zubehörteile wie Sättel, Scheinwerfer, Pedalen oder  Lenkergriffe an speziellen Testtools miteinander vergleichen. Auf der Teststrecke im Shop kann das Handling des Bikes gleich ausprobiert werden.

Im Verkauf wie auch in der Velowerkstatt werden je nach  Filialgrösse 8 bis 10 Personen arbeiten, davon knapp die Hälfte in der Velowerkstatt. Alle Mitarbeitenden zeichnen sich durch eine hohe Beratungs- und Fachkompetenz aus. In der Werkstatt arbeiten ausgebildete Velomechaniker. Regelmässige Fach- und Praxisausbildungen stellen sicher, dass alle Mitarbeitenden stets auf dem neusten Stand sind. Ausserdem bietet Bike World auch Ausbildungsplätze für Velomechaniker an und investiert damit nachhaltig in die Qualität ihrer Mitarbeitenden.

Ausbau von Bike World bis 2021

Die Migros hat sich zum Ziel gesetzt, in den nächsten fünf Jahren das neue Fachhandelsformat Bike World in der ganzen Schweiz zu etablieren. Noch dieses Jahr stehen zwei weitere Bike World Eröffnungen bevor, die nächste in Muri bei Bern (23. März), gefolgt von Winterthur (30. März).

Ab Herbst 2017 wird das Bike World Sortiment auch in einem eigenständigen Online Shop verfügbar sein. Bis zu diesem Zeitpunkt können Kunden auf www.bikeworld.chInformationen über Bike World und deren Standorte entnehmen. Ausserdem  gibt es viel Interessantes rund um das Thema Bike zu entdecken.

Einladung für Medienvertreter

Besichtigung der ersten Bike World Fachhandelsfiliale in Volketswil ZH, Industriestrasse 22.

Am Donnerstag, den 2. März 2017 findet die offizielle Eröffnung des  ersten Bike World Shops in Volketswil statt. Für alle Journalisten, die Bike World in Ruhe vor dem Eintreffen der ersten Kunden besichtigen möchten, öffnen wir die Türen bereits am Mittwoch, 1. März 2017 von 9.30 bis 11.00 Uhr.

Interessierte Journalisten haben vor Ort die Möglichkeit, dem Leiter SportXX, Roman A. Müller, sowie dem Filialleiter, Geremia Mastronardi, Fragen zu stellen und erhalten eine Führung durch den Shop.

Anmeldung bis Dienstag, 28. Februar 2017 an media@migros.ch oder direkt an monika.weibel@mgb.ch.

Contact:
Monika Weibel
Migros-Genossenschafts-Bund
Mediensprecherin Migros
TEL: 058 570 38 23
E-MAIL: monika.weibel@mgb.ch

Source: Migros

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Tractor Supply Company to present at an investment community meeting on Tuesday, February 21, 2017

BRENTWOOD, TN, 2017-Feb-08 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (02/07/17) announced that the Company’s management team will deliver a 90-minute presentation at an investment community meeting on Tuesday, February 21, 2017 at 12:00 p.m. Eastern Time (11:00 a.m. Central Time) in Nashville, Tennessee.

The presentation will be simultaneously webcast at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors: John Rouleau/Rachel Schacter
Media: Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

REI Adventures rolls out 19 Women’s Adventures collection; expands its cycling offerings and Signature Camping itineraries

SALT LAKE CITY, 2017-Jan-30 — /EPR Retail News/ — Active travel leader REI Adventures is launching a collection of 19 Women’s Adventures in Africa, Europe, Latin America, New Zealand and North America. In addition, REI Adventures is expanding its cycling offerings into fully supported mountain bike trips and growing its Signature Camping itineraries in Africa and Latin America.

“Adventure travel can be inspiring and life-transforming. As we enter our 30th year, we are excited to roll out incredible itineraries for women to experience some of the world’s best places, have a special sense of discovery and inspiration, and learn with women and from women around the world,” says Cynthia Dunbar, general manager of REI Adventures. “Since 2010, women traveling with us has grown by 60 percent, and we continue to see this figure rise steadily annually. Last year alone, 58 percent of all our guests were women.”

REI’s Women’s Adventures are extraordinary journeys designed especially for women who want to experience a destination—not just see it. Guests travel with female guides and a ready-made group of girlfriends. These lively trips blend outdoor activities with local spots, cuisines and communities a traveler wouldn’t find on her own, and include little surprises along the way.

Examples of REI’s new Women’s Adventures include:

  • Baja California Women’s Adventure: Escape to a beachy oasis for an eight-day vacation where women kayak, snorkel, stand-up paddle board, surf and do yoga. In addition, guests meet local artists at galleries, enjoy gourmet meals along the way and have an opportunity to volunteer at a local nonprofit where women build their own greenhouses.
  • Greek Islands Women’s Adventure: Perfect for foodies and history-lovers, spend nine days island hopping Tinos, Naxos and Santorini. Guests hike through whitewashed villages and ancient trails of lush vineyards, terraced hillsides and olive groves. They unwind with beachside yoga, wine tastings, swimming in the Aegean Sea and learning how to prepare a traditional Mediterranean meal.
  • New Zealand Women’s Hiking – Southern Alps: Over 10-days, hike the wilderness through larger-than-life landscapes of South Island’s peaks, plains and golden hills. Take a break from the trail by paddle boarding Lake Wanaka and enjoy a farm-to-table lunch at a woman-owned dairy. Evenings are authentically Kiwi with stays at the iconic Rex Simpson Hut and historic Ben Lomond lodge.
  • South Africa Ultimate Women’s Adventure and Safari: From Cape Town to Johannesburg, the 11-day odyssey explores the country’s rich heritage by hiking, cycling, sea kayaking and a safari at the famous Sabi Sands Reserve. As one of the most beautiful wine-growing regions in the world, the group will wander the backroads and stop at estates to taste the celebrated vintages.
  • Yosemite Women’s Backpacking – Half Dome:  A four-day adventure to the summit of Yosemite’s most iconic peak. Guests hone their backpacking and wilderness skills during daily hikes, and evenings are filled with hearty gourmet dinner prepared by the guides and camaraderie around the campfire.

In addition to the women’s collection, REI Adventures is introducing two fully supported mountain bike itineraries and expanding its exclusive Signature Camping offerings on Mount Kilimanjaro and along the Inca Trail.

Mountain biking for intermediate and advanced riders
REI Adventures has long offered fully supported bike touring to explore the world from the saddle. The company is expanding beyond road cycling by launching mountain biking itineraries for those who want to experience the thrill of single track on a high performance full-suspension bike.

REI’s Grand Canyon & Bryce Mountain Biking is a four-day journey from Bryce Canyon to the North Rim of the Grand Canyon that features the most iconic landscapes of the American Southwest. The trip packs multiple must-see, must-do items into a long weekend all while still giving guests time to breathe and soak in the landscape.

Throughout the National Park Centennial celebration, REI had a multi-million dollar, multi-year partnership with the National Park Foundation. Over the past two years, REI Adventures donated 10 percent of the retail price for each national park trip sold to the National Park Foundation, resulting in $740,000 in additional funding.

Or, recharge over four days on REI’s Whistler Mountain Biking in British Columbia, a world-class destination known for its mountain ranges, glacial lakes and sleeping volcanoes. Days are spent on quad-torching rides through mountains and valleys, with evenings in the village and soaking in the hot tub at a private chalet. A Whistler Women’s Adventure is also available.

Signature Camping – REI at its finest
Drawing on the co-op’s camping leadership, REI Adventures expanded its Signature Camping itineraries with two new international destinations – Mount Kilimanjaro in Tanzania and the Inca Trail in Peru. REI Adventures is the only active travel company to offer such deluxe accommodations and amenities along the trails of these iconic journeys.

Mount Kilimanjaro Climb – Lemosho Route is an 11-day experience up one of the seven summits of the world and the highest peak in Africa. Known as one of the most scenic routes on the mountain, guests hike across six ecological zones as they acclimatize, take in the scenery and learn about the region from local guides. REI’s unique approach to Kilimanjaro’s Southern Circuit includes new exclusive camp locations featuring REI Signature Camps that keep guests comfy and energized as they summit.

In Peru, REI Adventures’ Machu Picchu – Inca Trail Trek is a nine-day fully-supported journey through lush valleys filled with wild orchids and rainbow-colored mosses to the breathtaking “Lost City of the Incas.” Trek up to seven miles each day with only a day pack, while a Signature Camp awaits your arrival each evening with spacious tents, amazing meals and more.

About REI Adventures
Award-winning REI Adventures has been a global leader in worldwide guided active adventure trips since 1987. As the travel business for national specialty outdoor retailer REI, the company offers unique itineraries focused on sustainable, human-powered outdoor adventure, including hiking, biking, kayaking, climbing and more. Guests experience iconic destinations as guides take them off the “beaten path,” and provide opportunities to explore a destination, get to know the local people, their culture, the flora and fauna and discover things they would not be able to duplicate on their own or with another travel company. REI members receive a special discount price on most trips. For more information, full itineraries and trip reviews provided by guests, visit http://www.rei.com/adventures.

Contact:
REI Public Affairs
(253) 395-5958
prrequests@rei.com

Source: REI

Tractor Supply Company announces the opening of its 1,600th store located in Brentwood, CA

Milestone Highlights the Company’s Continued Execution of Long-Term Growth Strategy

BRENTWOOD, TN, 2017-Jan-27 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (1/26/2017) announced the opening of its 1,600th store in Brentwood, CA. The new store is located at 8800 Brentwood Boulevard and will hold its grand opening on Saturday, February 4th beginning at 8:00 a.m.

“We are extremely proud to be opening our 1,600th store in Brentwood, CA and to have reached another significant milestone, as we continue to deliver on our long-term growth strategy and strategic expansion across the country, including the Western region,” said Greg Sandfort, Chief Executive Officer of Tractor Supply Company. “We have seen strong regional performance in the west and look forward to building long-lasting relationships with new customers, as we continue to expand our store base and bring Tractor Supply closer to more customers who live the rural lifestyle.”

In celebration of the Company’s 1,600th store opening, the Brentwood, CA Tractor Supply store will be hosting several grand opening events. Celebrations include participation from a variety of community groups including local 4-H and FFA chapters, produce farmers and community garden organizations, pet and animal rescues and more. Each group will have its own dedicated booth and will provide activities ranging from interactive Q&A’s, local produce tastings, and animal exhibits. An authentic chuckwagon will also be on hand preparing food and beverages for event attendees to enjoy.

Tractor Supply was founded 79 years ago and has become the leading retailer serving the rural lifestyle. The Company has 24,000 team members and retail stores in every state, with the exception of Alaska. Tractor Supply opened a total of 113 new stores in 2016 and expects to continue its strategic expansion plans with mid-single digit store growth in 2017.

“We continue to be encouraged by the strong comparable sales we have seen from new store openings, which gives us great confidence as we continue to grow our footprint, enhance our merchandise product offering, and meet the evolving needs of our customers,” added Sandfort. “We are thrilled to open the doors of our Brentwood, CA store and look forward to serving this great community, as we get one step closer to our goal of opening 2,500 domestic Tractor Supply locations.”

For more information on Tractor Supply Company, or to shop their products online, please visit www.tractorsupply.com.

About Tractor Supply Company
At December 31, 2016, Tractor Supply Company operated 1,595 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward-Looking Statements

Certain statements contained in this press release are not historical facts and are forward looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by words such as “believes”, “expects”, “future” or other comparable terminology. Such statements include, but are not limited to, statements about expected growth, including the Company’s plans with respect to new store growth and the timing thereof, and sales. Because such forward looking statements contain risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the ability to manage and identify suitable locations and the ability to open new stores in the manner and number currently contemplated as well as our failure to achieve expected sales and operating results from new stores. All of the forward looking statements are also qualified by the cautionary statements contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Anthony F. Crudele, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Cabela’s Incorporated to release 4Q and full year 2016 financial results on Thursday, February 16, 2017

SIDNEY, Neb, 2017-Jan-24 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) announced today (Jan. 19, 2017) it is scheduled to release fourth quarter and full year 2016 financial results before the market opens on Thursday, February 16, 2017. Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while the acquisition of the Company by Bass Pro Shops is pending.

About Cabela’s Incorporated

Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

Investors Contact:
Cabela’s Incorporated
Andrew Weingardt
308-255-2905

Media Contact:
Cabela’s Incorporated
308-255-1204

Source: Cabela’s Incorporated

Office Depot debuts the latest addition to Realspace® Magellan Collection – The Height-Adjustable Desk

Adjustable-Height Desks Promote a Flexible Lifestyle with Effortless Transitions between Sitting and Standing

BOCA RATON, Fla., 2017-Jan-19 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today (January 18, 2017) announced the debut of the latest addition to the exclusive Realspace® Magellan Collection – The Height-Adjustable Desk with pneumatic technology. This new sit stand desk is expertly designed with ergonomic features such as effortless transitions between sitting and standing, which provide a flexible alternative to the typical office desk.

Equipped with a durable, scratch-resistant surface and steel legs in a black powder coating finish, the Realspace® Magellan Height-Adjustable desk is the ideal work station for all needs and work locations. The pneumatic technology, which uses pressurized air to raise the desk surface with ease, accommodates a wide range of working positions. The standard seated-height desk, comfortably positioned at 30 inches high, can raise to the extended-height of your choosing, up to 43 inches to accommodate a comfortable standing position.

Research proves the importance of utilizing a full range of body motion in our everyday life. The simple adjustability of this Height-Adjustable Desk fully supports varied positions throughout the day, using the pneumatic lift-assist to easily adjust the surface of the desk from a seated height to a standing height, for maximum daily use.

“Office Depot recognizes the importance of health and wellness to our customers and so is adapting its product selection to support those goals,” said Ron Lalla, executive vice president of merchandising for Office Depot, Inc. “The new Realspace® Magellan Height-Adjustable Desk enables a flexible solution grounded in great design.”

Featuring outstanding quality and durability consistent with the Realspace brand, the Magellan Height-Adjustable Desk incorporates enhanced functionality desired for optimal comfort and control. The sit stand desk is available in espresso, cherry and a modern gray. It is the perfect companion piece to complement Office Depot and OfficeMax’s premium active and ergonomic WorkPro seating collections.

Check out the Realspace® Magellan Height-Adjustable Desk or visit Office Depot and OfficeMax retail locations for more information and other healthy lifestyle solutions.

About Office Depot, Inc.

Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

As of our most recent filed annual report for fiscal year ended 2015, the Company had annual sales of approximately $14 billion, employed approximately 49,000 associates, and served consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The Company operates under several banner brands including Office Depot, OfficeMax and Grand & Toy. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol “ODP”.

All trademarks, service marks and trade names of Office Depot, Inc. and OfficeMax Incorporated used herein are trademarks or registered trademarks of Office Depot, Inc. and OfficeMax Incorporated, respectively. Any other product or company names mentioned herein are the trademarks of their respective owners.

Contact:

APCO Worldwide
Ken Sanderman,
312-368-7548
ksanderman@apcoworldwide.com

Source:  Office Depot, Inc.

Sears Home Services rolls out GoToAssist Seeit on their technicians’ smartphones to help them fix appliances faster

GoToAssist Seeit Enables Master Technicians to Remotely See and Diagnose Problems to Get Appliances Running Again as Quickly as Possible

HOFFMAN ESTATES, Ill., 2017-Jan-18 — /EPR Retail News/ — When Sears Home Services technician Antonio Corzo was in a customer’s home in Bound Brook, N.J., last month to repair a washing machine, he encountered an unusual issue that  required additional problem-solving. To support him with the issue, he used new technology on his smartphone that Sears Home Services is rolling out nationwide, to share live video and photos of the situation with a master technician at the company’s service center in Round Rock, Texas. Within minutes, working together, the problem was resolved and the washing machine was repaired.

Sears Home Services has teamed with the GoToAssist team to equip its technicians with GoToAssist Seeit on their smartphones, which will help them fix appliances faster, and most of the time, in one visit, making it more convenient for customers to care for their homes. Sears Home Services technicians repair more than 180 appliance brands – not just those sold by Sears. In the event these technicians face an unfamiliar appliance issue, they can now show remote master technicians exactly what they see and receive step-by-step instructions to complete the repair – all without leaving the customer’s home.

“No one likes taking time out of their busy schedules for their appliances to be repaired, especially if it takes longer than anticipated or requires multiple service appointments,” said Sean Skelley, president of Sears Home Services. “Now our technicians can use their smartphones to livestream video and photos of appliance problems to our most experienced experts who can coach them toward a solution and get your appliance up and running again quickly. It’s like they have master technicians in their pockets.”Homeowners who have had their appliances repaired by technicians using GoToAssist Seeit:

  • Save time– Technicians have resolved appliance issues and shortened service appointments by as much as 40 minutes.
  • Gain access to functioning appliances faster– Technicians repaired significantly more existing appliances, meaning customers did not have to wait for replacement parts for a repair or replace their appliance altogether. The result: customers can keep the existing appliance they enjoy and are familiar using.

As the nation’s No. 1 provider of appliance services, Sears Home Services has more than 6,000 expert technicians who make nearly seven million service calls annually. Sears offers a complete solution for homeowners, helping members purchase, service and replace their appliances, as well as manage and maintain their homes and a variety of products within their homes, from fitness equipment to lawn mowers and snow blowers. Sears has the largest fleet of services technicians in neighborhoods throughout the U.S., and sells the top 10 appliance brands, including Kenmore.

For service and support professionals, GoToAssist Seeit is the simplest and fastest way to troubleshoot equipment anywhere. With just one tap, service technicians can securely show remote experts what they are seeing through their mobile device camera.

About Sears, Roebuck and Co.
Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a leading integrated retailer providing merchandise and related services and is part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Sears, Roebuck offers its wide range of home merchandise, apparel and automotive products and services through Sears-branded and affiliated full-line and specialty retail stores in the United States and Canada. Sears, Roebuck also offers a variety of merchandise and services through sears.com, landsend.com and specialty catalogs. Sears, Roebuck offers consumers leading proprietary brands including Kenmore, Craftsman, and DieHard — among the most trusted and preferred brands in the U.S. The company is the nation’s No. 1 provider of appliance services, with more than 12 million service and installation calls made annually. For more information, visit the Sears, Roebuck website at www.sears.com or the Sears Holdings Corporation website at www.searsholdings.com.

Media Contact:
Larry Costello
Sears Holdings Corp.
(847) 286-9036
Larry.Costello@searshc.com

John Arango
Zeno Group
(312) 396-9750

Source: Sears Holdings Corp.

Physio-Control notifies LIFEPAK 1000 defibrillator customers of an issue that may affect the readiness of the device

Redmond, WA, 2017-Jan-17 — /EPR Retail News/ — Physio-Control announced today (January 13, 2017) that the company is launching a voluntary field action for the LIFEPAK 1000 defibrillator due to reported instances where the device has shut down unexpectedly during patient treatment.

The company is notifying LIFEPAK 1000 customers of an issue that may affect the readiness of the device. The company has received 34 reports where customers have attempted to use their LIFEPAK 1000 defibrillator and the device has shut down unexpectedly due to an intermittent connection between the battery and device electrical contacts. A defibrillator in this scenario may not be able to deliver therapy during a resuscitation attempt, which may expose patients to the risk of serious harm or death. The company is aware of 8 adverse events related to this issue.

The company has determined that this intermittent connection is a result of wear and subsequent oxidation formation between the battery and device electrical contacts. This condition can occur over time in LIFEPAK 1000 devices that are exposed to vibration and have a battery installed for long periods of time. This issue can potentially affect any LIFEPAK 1000 device, however customers with non-rechargeable batteries who do not routinely remove the battery for inspection, as indicated in the LIFEPAK 1000 Defibrillator Operating Instructions, are more susceptible to this issue.

The company is contacting customers and advising them to immediately remove and reinstall the battery from their device(s). Customers are also being advised to implement a weekly schedule of battery removal and reinstallation for all LIFEPAK 1000 devices. The removal and reinstallation of the battery will clean the contacts of oxidation and will reduce the likelihood of this issue from occurring. Physio-Control will be initiating a hardware device correction for all affected LIFEPAK 1000 devices and the company will contact customers to schedule device corrections once the hardware correction is ready for implementation. The company will provide customers with updated information regarding the timing for this device correction at the website URL shown below, when it is available.

Information about this notice is available at: www.physio-control.com/lifepak1000-274. Affected customers will be notified by letter. Customers with questions regarding this notification, please contact Physio-Control by calling 1-866-231-1220, 6:00 a.m. to 4:00 p.m. (Pacific) Monday – Friday, or by email to rsrecalls@physio-control.com or fax to 1-866-448-9567.

In addition to contacting Physio-Control, any potential quality problems or adverse reactions or events associated with the use of a Physio-Control product may be reported to the U. S. Food and Drug Administration’s MedWatch Safety Information and Adverse Event Reporting Program online at www.fda.gov/MedWatch/report.htm, by phone 1-800-332-1088 or fax 1-800-FDA-0178.

About Physio-Control
Physio-Control is the world’s leading provider of professional emergency medical response solutions that predict or intervene in life-threatening emergencies. The company’s products include LIFEPAK® monitor/defibrillators and automated external defibrillators (AED), LUCAS® Chest Compression Systems, the LIFENET® System, HeartSine® AEDs and more. Learn more at www.physio-control.com, or connect on Facebook, LinkedIn or Twitter.

Consumers Contact:

Physio-Control
rsrecalls@physio-control.com
1-866-231-1220

Media Contact:

Matt Fikse
matt.fikse@physio-control.com
425-867-4208

Source: FDA

Sainsbury’s expects bumper sales of cold weather essentials as customers prepare for low temperatures, wind and snow

Sainsbury’s expects bumper sales of cold weather essentials as customers prepare for low temperatures, wind and snow

 

London, 2017-Jan-14 — /EPR Retail News/ — Sainsbury’s is expecting bumper sales of cold weather essentials over the next few days, as customers prepare for the forecasted low temperatures, wind and snow.

This week, Sainsbury’s is set to sell 7,000 snow shovels. The supermarket hasn’t sold more than 500 shovels a week since 2012 – but after a mild winter, many of us are now preparing for unexpected snow.

The supermarket is also expecting to sell 85,000 cans of de-icer and 12,000 windscreen ice scrapers to customers keen to stay safe on the roads.

As temperatures plummet, many will be warding off the cold by stocking up on extra-warm bedding. Sainsbury’s predicts it will sell 2,000 more 13.5 and 15 tog duvets this week than last.

The supermarket is also expecting a 50 per cent increase in jumper sales this week and a 35 per cent increase in cardigan sales.

Hearty and warming food will be on the menu for many of us this week. Sainsbury’s anticipates chilled soup sales to rise by 20 per cent, with hot pies rising by 10 per cent and ready meals by 5-10 per cent.

From snow shovels to soups, Sainsbury’s is committed to providing its customers with everything they need for the cold weather under one roof.

Press Enquiries:
press_office@sainsburys.co.uk
020 7695 7295.

Source: Sainsbury

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The RideConnected motorcycle communication App now available for free in the iTunes and Google Play Stores

IRVINE, Calif., 2017-Jan-11 — /EPR Retail News/ — Sena Technologies, Inc., the global leader in Bluetooth innovation for the motorsports, action sports and outdoor sports lifestyles, has announced today the release of the RideConnected App. The RideConnected App for motorcycle riding will connect multiple riders across the globe through their Sena Bluetooth headsets. Riders may now connect with more riders than ever before through any Sena Bluetooth headset with the RideConnected App.

The RideConnected motorcycle communication App, created for both iOS and Android phones, will be available for free in the iTunes and Google Play Stores. Not only will riders no longer be limited by range, the amount intercom connections between riders are virtually limitless when within LTE range of their mobile carrier. Compatible with all Sena Bluetooth headsets, the RideConnected App offers more freedom than ever. As long as you are connected to WiFi, or a mobile network, you may now communicate over any distance, and with multiple riders.

Set up your own personal profile and navigate through the features of the RideConnected App with ease. Simply create different teams, and invite friends to create their own profile on the App through SMS message, GPS, or by providing them with your unique four-digit code. Users may also use the existing voice prompts of their Sena Bluetooth 4.1 headsets to operate the RideConnected App.

The App will be the first of many added benefits designed for Sena users. Sena is always looking for ways to benefit its loyal community of riders, and improve upon communication and connectivity. The RideConnected App for motorcycle and cycling communication is Sena’s solution to sticky communication situations while on the road.

SOURCE: EuropaWire

Product launch: unique patent-pending PTT-Handheld Speaker + Mic combination body camera

Netherlands, 04-Jan-2017 — /EPR Retail News/ — X-Surveillance launched the new, unique, patent-pending body camera DS300, which is a combination of a PTT-Handheld Speaker + Mic. with an incognito body camera. This sounds a mouthful, yet it is a body camera that is designed to replace an existing Push-To-Talk Mic.

With the X-Surveillance DS300 there is no need to place any new device on a uniform. Within just a few minutes an existing PTT Microphone, can be replaced with the DS300 “PTT Handheld Body Camera”.

Introduction of other features
The team of X-Surveillance together with partners throughout the world have designed the DS300 for over two years with the mission to develop a non-provocative, civilian-friendly body camera that can be used without the need to add additional equipment to the already busy equipped uniform of an officer.

Due good research together with law enforcement professionals, the development team of X-Surveillance developed more features, such as; password-encrypted data storage, built-in LED flashlight, real-time GPS coordinates, and full-shift battery life.

As additional to the most important “must-have” safety features; up-to 30 seconds pre-recording, instant automatic infrared recordings, and 1080p video-/ 16MP photo 32GB recordings.

Pre-recording, this ludicrous. But it is a feature that is needed for indisputable proof of what caused a situation. Too often these recordings are started late, and do not accurately represent what actually happened. With the 30 seconds pre-recording, no more false accusations, misconduct, or abuse against officers. Increasing transparency and accountability of officers.

What’s the importance of a body camera?
We have all seen what happens when civilians record officers with their cell phone. Sometimes even unpleasant and provocative. The internet is flooded with videos about it. But the most videos only start from the moment the agents are in battle with the suspect. What preceded it is never shown.

Sadly enough, there have been situations when an officer has to take their own phone to film a confrontational situation, to proof the accountability of officers in duty.

With smartphones and cameras everywhere today, it’s becoming critical for Law Enforcement to have the ability to record their civilian encounters.

And what is easier than replacing a device which is already on the perfect height, with the right-angle for recording confrontational situations. And effortless to use with the already familiar Push-To-Talk button on one side and the Camera-Recording button on the other.

SOURCE: EuropaWire