Kesko ranked 31st on the Global 100 Most Sustainable Corporations in the World list; the only Finnish company included in the list every year

Helsinki, Finland, 2018-Jan-25 — /EPR Retail News/ — Kesko has been ranked 31st on the Global 100 Most Sustainable Corporations in the World list, and as the most sustainable trading sector company in the world. Kesko is the only Finnish company to be included in the list every year since it was established in 2005.

“We at the K Group have always believed in the power of sustainability and have been open-mindedly working towards it for decades. Responsible actions originated with our retailers and our comprehensive corporate responsibility work expanded from there. We wish to make sustainable choices easier for the consumers. We firmly believe that welfare in the society around us also means welfare for the K Group. We highly value this recognition and will continue our determined work towards a better society and better environment”, says Mikko Helander, Kesko’s President and CEO.

The Global 100 list is prepared by the Canada-based Corporate Knights Inc. and it is based on a global evaluation of 5,994 publicly listed companies. Companies were evaluated on a set of up to 17 environmental, social and governance indicators.

The list represents the top companies in the world in terms of sustainability. The 2018 Global 100 list was published today at the World Economic Forum in Davos, Switzerland. Last year, Kesko ranked 25th.

Sustainability demands actions 

In autumn 2017, Kesko rose to the world’s most prestigious sustainability indices, the DJSI World and the DJSI Europe.

Also in 2017, Kesko was the first Finnish company to set science-based targets for reducing the emissions resulting from its facilities, transportation use, and supply chains. To achieve the ambitious emission reduction targets, Kesko is increasing its use of renewable energy while also improving its energy efficiency.

K Group systematically invests in renewable energy. Since the beginning of 2017, all electricity purchased by Kesko in Finland has been renewable. Twenty solar plants are already in operation on K-store rooftops.

K Group promotes circular economy with various actions. For example, inedible food waste is collected from 200 K-food stores and Kesko’s central warehouse and made into biogas, which is then used as energy in the manufacture of new Pirkka products. K Group is constantly developing new operating models for the recycling and reuse of plastics to prevent plastics from ending up in waters and nature.

Further information is available from Matti Kalervo, Vice President of Corporate Responsibility, tel. +358 50 306 4081, matti.kalervo@kesko.fi

The 2018 Global 100 list is available at www.corporateknights.com/global100/

Kesko and K-retailers form K Group, whose sales total over €13 billion. K Group is the third largest retail operator in northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 28,000 people. Kesko has nearly 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi 

SOURCE: Kesko Corporation

Lowe’s to hire more than 53,000 employees across its U.S. stores

Lowe’s to hire more than 53,000 employees across its U.S. stores

Mooresville, North Carolina, 2018-Jan-25 — /EPR Retail News/ — In preparation for home improvement’s busiest season, Lowe’s Companies, Inc. (NYSE: LOW) is hiring more than 53,000 full-time, part-time and seasonal employees across its U.S. stores, adding to the company’s nearly 250,000 current U.S. store employees.

In-store seasonal positions, which typically support stores between March and September, include cashiers, lawn and garden associates, stockers, assemblers of outdoor products and loaders. Lowe’s seasonal employees benefit from competitive pay, a 10 percent employee discount and flexible hours, including the ability to see their schedule 17 days in advance and swap shifts with others as needed.

Available part-time and full-time positions include service and support managers, customer service associates, cashiers, stockers and sales specialists. Part-time and full-time employees can take advantage of Lowe’s health and wellness benefits, incentive programs, 401(k), a discounted stock purchase plan, tuition reimbursement and flexible work schedules.

Named one of the top 10 most customer-engaged companies by Forbes, Lowe’s provides leadership development and career advancement opportunities at all levels to support employees and customers. In fact, approximately 200 current store managers started as seasonal employees, and last year nearly 40 percent of the company’s seasonal employees transitioned into permanent part-time and full-time positions.

“When employees join Lowe’s, they are joining more than a Fortune 40 company,” said Jennifer Weber, chief human resources officer. “They are joining a supportive network of caring, inspiring team members who are here to serve customers, communities and each other.”

• In 2017, for the third consecutive year, 100 percent of Lowe’s 1,700-plus U.S. stores served their communities through a Lowe’s Heroes volunteer community project – from restoring parks to improving schools.
• In the aftermath of Hurricanes Harvey and Irma, in addition to the company’s $2.5 million donation to disaster relief, more than 3,000 store employees volunteered to provide necessary support to impacted stores and communities.
• Lowe’s full-time employees can take advantage of the company’s paid time off for community volunteering each year.

To learn more about available positions in your area and apply online, visit Lowes.com/SpringHire. You can also apply at your local Lowe’s store. Applying takes just 20 minutes on average.

For more information about seasonal hiring and Lowe’s investment in your community, click here.

 

Market Estimated Number of Seasonal Positions*
Atlanta 1,000
Baltimore 400
Boston-Providence-Hartford-Nashua 1,800
Charlotte, N.C. 1,250
Chicago 800
Cincinnati 300
Columbus, Ohio 250
Dallas-Fort Worth 900
Denver 650
Detroit 850
Indianapolis 1,000
Los Angeles/Long Beach/Orange County 1,500
Minneapolis-St. Paul 200
Nashville 500
New York 1,200
Phoenix 400
Pittsburgh 650
Portland, Ore. 400
Raleigh-Durham, N.C. 1,100
Sacramento-Stockton-Modesto, Calif. 700
San Antonio 350
San Diego 250
Seattle-Tacoma 950
St. Louis 700
Tampa-St. Petersburg, Fla. 550
Washington D.C. 550
*Not all jobs have been posted. For the estimated number of positions in other locations, email PublicRelations@Lowes.com.

SOURCE: Lowe’s

MEDIA CONTACT

704-758-2917
PublicRelations@Lowes.co

H&M group the most frequently praised company by NGOs and activists in 2017 according to SIGWATCH

SIGWATCH, the world market leader in analysis of NGO and activist campaigns, has recently published the ranking of the most praised companies by activists in 2017.

STOCKHOLM, Sweden, 2018-Jan-25 — /EPR Retail News/ — Out of all companies in the world, H&M group was the most frequently praised one by NGOs and activists in 2017. This is the finding of a study published by SIGWATCH, the world market leader in analysis of NGO and activist campaigns. Since 2016, H&M group climbed from rank ten to one. At the same time, we have improved our position significantly in the ranking of most frequently criticized companies by these stakeholders. From being ranked seven to forty.

We are proud to see that H&M group’s ambitious sustainability strategy – to lead the change towards circular and renewable fashion while being a fair and equal company – has been well received by all these NGOs and activists. We are committed to continue strengthening our relations with stakeholders with our collaborative and transparent way of working.

For more information about our extensive work in sustainability, please visit sustainability.hm.com

SOURCE: H&M group

MEDIA CONTACT

Phone +46 8 796 53 00
Email groupmediarelations@hm.com

Carrefour announces a potential investment by Tencent and Yonghui in Carrefour China

Boulogne-Billancourt, France, 2018-Jan-25 — /EPR Retail News/ — Potential investment by Tencent and Yonghui in Carrefour China, alongside a strategic cooperation agreement with Tencent

Carrefour announces a potential investment by Tencent and Yonghui in Carrefour China as well as a strategic cooperation agreement with Tencent in China.

Potential Investment by Tencent and Yonghui in Carrefour China
Carrefour has signed a term sheet with Tencent and Yonghui regarding a potential investment in Carrefour China. The potential investment will leverage Carrefour’s global retail knowledge with Tencent’s technological excellence and Yonghui’s operational knowhow and in particular its deep knowledge of fresh products. Upon completion of this investment, Carrefour will remain the largest shareholder of Carrefour China.

Strategic Cooperation Agreement with Tencent
Moreover, Carrefour and Tencent are pleased to announce they have signed a preliminary agreement regarding a strategic business cooperation in China, in order to bring together Carrefour’s longstanding retail knowledge and Tencent’s digital expertise and innovation capabilities.

Thanks to this partnership, Carrefour will improve its online visibility, increase the traffic of its offline and online retail activities and benefit from Tencent’s advanced digital and technological expertise to develop new smart retail initiatives.
Tencent will further develop the retail services offered on its social platforms and promote the use of Weixin as well as Weixin Pay, cloud computing and other services within the Carrefour ecosystem.

The contemplated scope of cooperation includes key partnership areas such as cooperation on data, smart retail, mobile payment, in-store experience and data analysis to boost Carrefour China’s customer traffic.

The strategic cooperation and investment are subject to further diligence and agreement of the parties on the terms of a definitive documentation. Carrefour will keep the market informed of further progress as appropriate.

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@carrefour.com

Source: Carrefour Group

RILA announces the winners of the (R)Tech Retail CEO Innovation Awards

Three Companies Spurring The Future Of Retail Showcase Technologies For Industry’s Most Recognized CEOs

Tucson , AZ, 2018-Jan-25 — /EPR Retail News/ — ​The Retail Industry Leaders Association (RILA), the trade association for America’s most recognized and innovative retailers, today (1/23/2018) announced the winners of the (R)Tech Retail CEO Innovation Awards. The three winners, IamBotMultifold, and Persado, selected by RILA’s Board of Directors, the CEOs and heads of innovation for America’s largest retail brands, were featured in a showcase at RILA’s Retail CEO Forum this week in Tucson.

“It’s an incredible opportunity to have CEOs and chief innovation officers from America’s most well-known brands interacting directly with emerging companies that, through their own commitment to innovation, are enabling the future of our industry,” said RILA Senior Vice President of Research, Innovation, and Sustainability Adam Siegel. “We’re excited to recognize these three companies, who have embraced the charge from our consumers to deliver ubiquitous and ultra-personal shopping experiences and in turn, have developed game-changing technologies.”

RILA’s (R)Tech Center believes that one trend is driving change in the industry more than any other: the trend toward ubiquitous and ultra-personal shopping. The winners were hand-picked by America’s leading chief executives for their groundbreaking work in promoting the industry’s move towards shopping wherever, whenever through artificial intelligence and augmented reality.

Details on the winners:

IamBot helps brands and retailers sell directly to customers through messaging platforms. It is the comprehensive conversational commerce solution based on the state-of-the-art artificial intelligence. It seamlessly integrates with stores’ messaging channels to provide customers with the ubiquitous and super convenient shopping experience.

“We’re honored that IamBot was selected by this prestigious group of executives. We believe that conversational commerce is a key element of the industry’s future, and we are glad that these CEOs see that as well.”

Multifold Retail believes that Augmented Reality will change the way that consumers shop. They offer all the tools retailers need: content creation (3D model creator, editor & library), viewers (Augmented Reality & 360 degrees), marketing and advertising tools (social media, catalog, in-store/OOH campaigns) and tracking/analytics.

“We are so honored to have been selected for this award by such a distinguished group of CEOs. Multifold aims to make it easier for companies to create, manage and launch Augmented Reality experiences for their customers. Our patent-pending web-based AR solution results in a more streamlined user experience and works across the majority of smart devices. We look forward to sharing our story with RILA members.”

Persado is the Marketing Language Cloud; AI generated language that resonates the most with any audience, segment or individual. Imagine having a data scientist and a copywriter for each person in your audience; you get the language that performs and the analytics explaining why, resulting in more business and unseen insights. Comprised of the world’s largest database, with over a million words and phrases tagged and scored for consumer marketing, Persado’s Marketing Language Cloud enables brands to increase acquisition and retention while building long term consumer relationships.”Persado is proud to be selected as a winner of the inaugural (R)Tech Retail CEO Innovation Awards. We’re excited for the opportunity to showcase our technology and challenge retail leaders to introduce data driven decision-making in new areas of their organizations, specifically within marketing content creation. Today’s consumers seek to build lasting relationships with their favorite brands –– at Persado, we’re helping brands navigate these relationships and shape the future of marketing through the effective use of AI-generated language that resonates with any audience or individual.”

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad. RILA, in partnership with Accenture, launched the (R)Tech Center for Innovation in 2017 to help retailers navigate the industry’s transformation.

Contact:

Christin Fernandez
Vice President, Communications
Phone: 703-600-2039
Email: christin.fernandez@rila.org

Source: RILA

RILA welcomes new Board Chairman Brian Cornell chairman and CEO of Target Corporation

Semi-Annual Meeting Brings New Chairman, Four New Board Members​

Arlington , VA, 2018-Jan-24 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) announced today (1/22/2018) that four top retail executives have been selected to join the association’s Board of Directors in an election that took place during the Board’s semi-annual meeting, held Sunday in Tucson, Arizona. In addition, RILA welcomed a new Board Chairman, Brian Cornell, chairman and chief executive officer of Target Corporation. Cornell, who succeeds former Chairman Bill Rhodes of AutoZone, will serve a two-year term.

New to the association’s Board of Directors are:

  • Gina Boswell, President, Customer Development, Unilever
  • Mark Breitbard, President & Chief Executive Officer, Banana Republic, Gap Inc.
  • Michele Buck, President & Chief Executive Officer, The Hershey Co.
  • Richard Keyes, President & Chief Executive Officer, Meijer, Inc.

“The past year was one of tremendous change in retail as we saw fundamental shifts in where and how people choose to shop. We also saw firsthand the power of our industry when we find common ground and advocate for consumers.  As RILA’s Chairman, I’m looking forward to the opportunity to build upon our shared successes and help drive positive change for our customers, our teams and our industry,” said Brian Cornell, chairman and chief executive officer, Target Corporation.

For a full Q&A with Brian Cornell about his upcoming chairmanship, click here.

“RILA is fortunate to be led by such an exceptional Board of Directors. Our success is in large part a result of their commitment to collaborate with one another and provide us with critical insights and direction,” said RILA President Sandy Kennedy. “We’re thrilled to welcome four additional Board members this year and we’re confident that we will continue to accomplish great things under Brian’s leadership.”

The 2018 RILA Board of Directors:

  • Brian Cornell, Chairman & Chief Executive Officer, Target Corporation (Chairman)
  • Mary Dillon, Chief Executive Officer, ULTA Beauty (Vice Chairman)
  • Bill Rhodes, Chairman, President & Chief Executive Officer, AutoZone, Inc. (Immediate Past Chairman)
  • James Myers, Chairman, Petco Holdings, Inc. (Treasurer)
  • Robert Niblock, Chairman & Chief Executive Officer, Lowe’s Companies, Inc. (Secretary)
  • Gina Boswell, President, Customer Development, Unilever*
  • Mark Breitbard, President & Chief Executive Officer, Banana Republic, Gap Inc.*
  • Shelley Broader, President & Chief Executive Officer, Chico’s FAS, Inc.
  • Michele Buck, President & Chief Executive Officer, The Hershey Co.*
  • James Dinkins, President, Coca-Cola North America, The Coca-Cola Company
  • Marvin Ellison, Chairman & Chief Executive Officer, J.C. Penney Company, Inc.
  • Alexander Gourlay, Co-Chief Operating Officer, Walgreens Boot Alliance and President, Walgreen Co.
  • Alan Hoskins, Chief Executive Officer, Energizer Holdings, Inc.
  • Joe Jensen, Vice President, Internet of Things Group, and General Manager, Retail Solutions Division, Intel Corporation
  • Richard Johnson, President & Chief Executive Officer, Foot Locker, Inc.
  • Hubert Joly, Chairman & Chief Executive Officer, Best Buy Co., Inc.
  • Richard Keyes, President & Chief Executive Officer, Meijer, Inc.*
  • Stephen Laughlin, Vice President & Global Industry Leader, Retail, IBM Corporation
  • Craig Menear, Chairman, Chief Executive Officer & President, The Home Depot, Inc.
  • Michael Polk, Chief Executive Officer, Newell Brands
  • Steve Rendle, President & Chief Executive Officer, VF Corporation
  • Gregory Sandfort, Chief Executive Officer, Tractor Supply Company
  • Jill Standish, Senior Managing Director, Global Retail Consulting Practice, Accenture
  • Todd Vasos, Chief Executive Officer, Dollar General Corporation
  • Sandra Kennedy, President, Retail Industry Leaders Association

*Denotes Newly Elected Member

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.

Contact:
Christin Fernandez
Vice President, Communications
Phone: 703-600-2039
Email: christin.fernandez@rila.org

Source: RILA

AHOLD DELHAIZE SHARE BUYBACK UPDATE: 2,033,752 COMMON SHARES REPURCHASED IN THE PERIOD FROM JANUARY 15, 2017 UP TO AND INCLUDING JANUARY 19, 2017

Zaandam, the Netherlands, 2018-Jan-24 — /EPR Retail News/ — Ahold Delhaize has repurchased 2,033,752 of Ahold Delhaize common shares in the period from January 15, 2018 up to and including January 19, 2018. The shares were repurchased at an average price of €18.49 per share for a total consideration of €37.6 million. These repurchases were made as part of the €2 billion share buyback program announced on November 8, 2017.

The total number of shares repurchased under this program to date is 6,151,272 common shares for a total consideration of €113.1 million.

Download the share buyback transactions excel sheet for detailed individual transaction information under “Files to download” (on the right).

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of the EU Regulation that contains technical standards for buyback programs.

Visit www.aholddelhaize.com/en/investors/share-information/share-buy-back-programs/ for a complete overview of all Ahold Delhaize share buyback programs.

MEDIA CONTACT:
Ellen van Ginkel
Director External Communications
media.relations@aholddelhaize.com
+31 88 6595134

SOURCE: Ahold Delhaize

Darden Restaurants appoints Dave George as Executive Vice President and Chief Operating Officer

ORLANDO, Fla., 2018-Jan-24 — /EPR Retail News/ — Darden Restaurants, Inc. (DRI) today (January 22, 2018) announced the appointment of Dave George as Executive Vice President and Chief Operating Officer (COO), a new position within Darden. As COO, George will maintain his oversight of Olive Garden, Bahama Breeze, Seasons 52 and International Franchising while adding Cheddar’s Scratch Kitchen to his leadership portfolio. He will continue to report to Gene Lee, President and CEO of Darden.

“Dave is a seasoned and trusted leader who consistently delivers strong results. As we continue to simplify our operations across all brands, he is uniquely qualified to drive strategic prioritization and accountability, with a laser-focus on operational excellence,” said Lee.

George was named President, Olive Garden in 2013 and Executive Vice President, Darden Restaurants in 2016. He joined Darden in 2007 as President, LongHorn Steakhouse where he had served since 2003. Prior to that, George served as Senior Vice President, Operations for LongHorn Steakhouse (2001 – 2003) and Vice President, Operations for The Capital Grille (2000 – 2001).

The Company also announced that Dan Kiernan has been named President, Olive Garden, effective immediately. Kiernan joined Olive Garden as a Manager-in-Training in 1992 and worked his way through the operations system – moving from General Manager to Director of Operations to Senior Vice President, Operations. He was named Executive Vice President, Operations in 2011 and has played an integral role in Olive Garden’s transformation by focusing on flawless execution in order to deliver memorable guest experiences.

“Dan is a great restaurant operator. His ability to make the complex simple, motivate more than 90,000 team members and lead teams dedicated to delivering memorable guest experiences makes him the perfect leader for Olive Garden,” said George.

“I am excited that Dave has accepted this new challenge that will broaden his influence across the organization and ensure a smooth and effective transition at Olive Garden. I am confident that under Dave and Dan’s leadership, Olive Garden will continue to deliver outstanding food and service to our guests,” said Lee.

About Darden

Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s. Our people equal our success, and we are proud to employ more than 175,000 team members in nearly 1,700 restaurants. Together, we create memorable experiences for 380 million guests each year in communities across North America. For more information, please visit www.darden.com.

Contact:

(Analysts)
Kevin Kalicak
(407) 245-5870

(Media)
Rich Jeffers
(407) 245-4189

SOURCE: Darden Restaurants, Inc.: General

Dixons Carphone appoints Alex Baldock as Group Chief Executive

LONDON, 2018-Jan-23 — /EPR Retail News/ — Dixons Carphone plc announces the appointment of Alex Baldock as Group Chief Executive from April 2018, to succeed Sebastian James who has informed the board of his decision to step down around the end of the financial year after six years in the role. Sebastian will be joining Walgreens Boots Alliance later this year.

Alex Baldock is currently Group Chief Executive of Shop Direct plc, the UK’s second largest pure-play online retailer, a position which he has held since 2012.

Ian Livingston, Chairman of Dixons Carphone plc, said:

“Seb has made an outstanding contribution to both the creation and success of Dixons Carphone. It is a much stronger company today than when he became CEO of Dixons Retail in 2012 with revenue, profit and customer satisfaction all substantially higher. The Group is now the market leader in eight countries.”

“On behalf of the Board and all our colleagues, I would like to thank Seb for all that he has done over the past six years as CEO of first Dixons Retail and now Dixons Carphone. We wish him every success in his new role.”

“The Board and I are delighted to welcome Alex Baldock to the Group. He has an outstanding track record in leading large, complex consumer-facing businesses. He’s led Shop Direct through one of UK Retail’s fastest, most far-reaching and most successful digital transformations, delivering five consecutive years of record financial performance, with strongly rising sales and an almost tenfold increase in profits.

“We wanted Alex for his strategic clarity, relentless execution and his ability to inspire people to get behind him at every step. We look forward to Alex bringing that leadership to the Group as we build on our market-leading positions.”

Sebastian James said:

“It has been an enormous privilege to lead this business and to work with such passionate and committed colleagues over the last few years. Together, I think that we can be very proud of the profound transformation that we have seen in Dixons Carphone and the sound footing, customer affection, and place in the world that it now enjoys. I offer my most sincere thanks to Ian, the Board and my colleagues for their support and friendship over these years. I will be very sad to leave, tempered only by the fact that I know that Alex will do a terrific job of leading the company and driving it on to
new heights.”

Alex Baldock said:

“I can’t wait to get started at Dixons Carphone. Seb and the team have achieved an extraordinary amount, not least reinforcing Dixons Carphone’s position as a leading electrical and mobile retailer in Europe at a time of wrenching change. It’s with great excitement that I look forward to getting to know the people and the customers at Dixons Carphone, and to building on these achievements. Dixons Carphone is exceptionally well-placed to help customers navigate the complex, fast-changing world of technology and mobile, and I feel privileged that Ian and the Board have asked me to lead the Group to make the most of that opportunity.”

About Dixons Carphone:
Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in nine countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from Team Knowhow.

Dixons Carphone’s primary brands include Carphone Warehouse and Currys PC World in the UK & Ireland, Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten Phone House, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, and Dixons Travel in a number of UK airports as well as Dublin and Oslo. Our key service brand is Team Knowhow in the UK, Ireland and the Nordics.

Business-to-business (B2B) services are provided through Connected World Services, Currys PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

For further information:
Assad Malic IR
PR & Corporate Affairs Director
+44 (0) 7414 191 044

Mark Reynolds
Head of Investor Relations
+44 (0) 7979 696 498

Nick Cosgrove
Helen Smith Brunswick Group
+44 (0) 207 404 5959

Information on Dixons Carphone plc is available at www.dixonscarphone.com
Follow us on Twitter: @dixonscarphone and @DCSebJ

Source: Dixons Carphone

Tops Friendly Markets introduces Better For You packages in its bulk department

WILLIAMSVILLE, N.Y., 2018-Jan-23 — /EPR Retail News/ — As American’s are becoming more and more health conscious, retailers are finding customers are buying less food items in bulk and are becoming more conservative in their portion sizes. This shift to “less is more” can prove to be a challenge especially for a store team whose emphasis is the bulk department.

In an effort to not only adapt to the changing needs of the customer but to also stay abreast of the latest store trends in maximizing space while still providing a bulk option, last year Tops Friendly Markets director of edible grocery, Keith McFayden and his team took a step back and analyzed how they could accomplish both challenges with one solution.

“When we looked at the task at hand we found we could still offer our customers the items that they wanted, but be more efficient in how we went about doing so,” said McFayden. “By offering them a variety of “Better For You” portion size containers versus an endless bin with a bag and scooper, consumers can now feel confident in knowing the exact serving size, calories, and evaluate the nutritional facts.”

Better For You packages vary in size ranging from 6oz to 21oz and offer a different approach to what customers are looking for. Ideal for snacking on the go, these new packages were designed to not only contain healthy bulk food items like banana chips and locally roasted snack nuts, but also more indulgent items like locally produced chocolate covered products which better align with consumer trends as well. Additionally the change brought an expansion of organic items into the bulk section with now over 20 items being offered.

From a retail space perspective, the traditional plastic bins that were previously used took up significantly more space. Once store implementation is completed, this new approach will reduce bin size by 47.0%. The goal is to implement 12 foot tub sections (where space exist), which will allow Tops to fully merchandise the enhanced assortment.

“This new approach allows us to be more versatile,” said McFayden. “Products can be interspersed throughout the store – whether it’s on a display near a complimentary item or near the checkout, we now have the ability to have the ready to go containers available at a customer’s fingertips.”

While not all of the TOPS stores have converted their bulk departments over to the new ready to go containers, 60 of the 169 stores have already undergone the implementation with the remaining on the horizon for the balance of 2018.

Tops Markets, LLC, is headquartered in Williamsville, NY and operates 169 full-service supermarkets with five additional by franchisees under the Tops banner. Tops employs more than 15,000 associates and is a leading full-service grocery retailer in New York, northern Pennsylvania, and western Vermont. For more information about Tops Markets, visit the company’s website at www.topsmarkets.com.

CONTACT:

Kathy Romanowski
716-635-5577

Source: Tops Friendly Markets

Fortune magazine named CBRE Group a World’s Most Admired Company in the real estate industry for the sixth consecutive year

Los Angeles, 2018-Jan-23 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today  (January 22, 2018) announced that Fortune magazine has named the company a World’s Most Admired Company in the real estate industry for the sixth consecutive year.

Fortune rates companies on nine attributes related to corporate performance. In 2018, CBRE was ranked second overall in the real estate sector (behind only Host Hotels & Resorts) and was among the top three companies on all nine attributes, including global competitiveness, people management, financial strength and long-term investment.

“Our continued recognition as a Fortune Most Admired Company reflects our people’s deep commitment to excellence and producing great outcomes for our clients every day.  We are very proud of their accomplishments,” said Bob Sulentic, president and chief executive officer of CBRE.

Drawing from a base of some 1,500 companies, Fortune evaluated 680 companies from 29 countries in determining the Most Admired Companies. Fortune surveys board directors, executives and financial analysts to determine the rankings.

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

Media Contacts:

Robert McGrath
Senior Director
+1 212 9848267

Source: CBRE

X5 Retail Group assigned long-term credit rating of ruAA with a stable outlook by RAEX rating agency

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces that RAEX rating agency (“RAEX”) has assigned X5 a long-term credit rating of ruAA with a stable outlook.

RAEX in its press release outlines the key factors contributing to this credit rating, which include the Company’s rapid revenue growth, operational efficiency, leading market position and low leverage. In addition, as part of the corporate risk profile analysis, RAEX points noted the “high quality corporate management and risk management at X5, including a high level of insurance coverage and high level of information transparency.”

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.:+7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group N.V.

X5 Retail announces net retail sales and operational results for the Q4 and full year 2017

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announces preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2017(1).

X5 Chief Executive Officer Igor Shekhterman said:

“X5 delivered strong growth in 2017 and showed we were able to achieve sustainable performance even in what continues to be a challenging macro environment. Decelerating food CPI has put a damper on retail sales growth throughout the year, with inflation growth reaching its lowest level in Q4. Real disposable income growth remained negative in 2017, and the recovery in consumer confidence slowed towards the end of the year.

“Despite these external challenges, we continued to deliver solid business growth: X5 once again expanded at the fastest pace among its public peers in Russia, and LFL traffic improved relative to the previous year, reaching 3.0% annual growth in 2017, compared to 2.5% growth in 2016. For the first time in the Company’s history, we added more than one million square metres of selling space.

“Looking ahead to 2018 and beyond, we remain committed to our core strategic goals and will continue on the path of rapid, efficient and profitable growth, with the aim of sustainably occupying the position of Russia’s food retail market leader.”

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.:+7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group N.V.

Rite Aid updates on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc.

CAMP HILL, Pa., 2018-Jan-23 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today (Jan. 22, 2018) provided an update on the progress of its plans to sell stores to Walgreens Boots Alliance, Inc. (Nasdaq: WBA) pursuant to the previously disclosed Amended and Restated Asset Purchase Agreement, dated as of September 18, 2017 (the “Asset Purchase Agreement”). As of January 22, 2018, Rite Aid has transferred 625 stores and related assets to WBA, and has received cash proceeds of $1,309.8 million, which it is using to repay all of its $970 million of outstanding secured loans while maintaining a strong liquidity position. Under the Asset Purchase Agreement, WBA will purchase a total of 1,932 stores, three distribution centers and related inventory from Rite Aid for an all-cash purchase price of $4,375 million on a cash-free, debt-free basis.

“Our teams continue to make tremendous progress in transferring stores to WBA and I want to thank them for their ongoing commitment and dedication,” said Rite Aid Chairman and CEO John Standley. “We are on track to complete the transfer of stores in the spring of this year. Going forward, we remain focused on the continued smooth execution of that process and capitalizing on our most significant business-building opportunities as we work together to deliver a great experience to our customers and patients, and drive value for our shareholders.”

The majority of the closing conditions have been satisfied, and the subsequent transfers of Rite Aid stores and related assets remain subject to minimal customary closing conditions applicable only to the stores being transferred at such subsequent closing, as specified in the Asset Purchase Agreement. Additional details regarding today’s announcement have been filed with the Securities and Exchange Commission on Form 8-K.

Rite Aid is one of the nation’s leading drugstore chains with fiscal 2017 annual revenues of $32.8 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

Cautionary Statement Regarding Forward Looking Statements  

Statements in this release that are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the expected timing of subsequent closings of the sale of Rite Aid stores and assets to WBA; the ability of the parties to complete each of the subsequent closings for sale and related subsequent transactions considering the various closing conditions applicable to the stores, related assets and/or distribution centers being transferred at such subsequent closing; the outcome of legal and regulatory matters in connection with the sale of stores and assets of Rite Aid to WBA; the expected benefits of the transactions such as improved operations, growth potential, market profile and financial strength; the competitive ability and position of Rite Aid following completion of the proposed transactions; the ability of Rite Aid to implement new business strategies following the completion of the proposed transactions; the ability of Rite Aid to repay its debt using the proceeds from the proposed transactions and any assumptions underlying any of the foregoing. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” and “will” and variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, assumptions and uncertainties, including, but not limited to, our high level of indebtedness and our ability to make interest and principal payments on our debt and satisfy the other covenants contained in our debt agreements; general economic, industry, market, competitive, regulatory and political conditions; our ability to improve the operating performance of our stores in accordance with our long term strategy; the impact of private and public third-party payers continued reduction in prescription drug reimbursements and efforts to encourage mail order; our ability to manage expenses and our investments in working capital; outcomes of legal and regulatory matters; changes in legislation or regulations, including healthcare reform; our ability to achieve the benefits of our efforts to reduce the costs of our generic and other drugs; risks related to the proposed transactions, including the possibility that the subsequent transactions may not close, including because a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the transactions, or may require conditions, limitations or restrictions in connection with such approvals, the risk that there may be a material adverse change of Rite Aid, or the business of Rite Aid may suffer as a result of uncertainty surrounding the proposed transactions; risks related to the ability to realize the anticipated benefits of the proposed transactions; risks associated with the financing of the proposed transaction; disruption from the proposed transaction making it more difficult to maintain business and operational relationships; the effect of the pending sale on Rite Aid’s business relationships (including, without limitation, customers and suppliers), operating results and business generally; risks related to diverting management’s or employees’ attention from ongoing business operations; the risk that Rite Aid’s stock price may decline significantly if the proposed transaction is not completed; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the proposed transactions; potential changes to our strategy in the event the remaining proposed transactions do not close, which may include delaying or reducing capital or other expenditures, selling assets or other operations, attempting to restructure or refinance our debt, or seeking additional capital, and other business effects. These and other risks, assumptions and uncertainties are more fully described in Item 1A (Risk Factors) of our most recent Annual Report on Form 10-K, and in other documents that we file or furnish with the Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date they are made. Rite Aid expressly disclaims any current intention to update publicly any forward-looking statement after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

Contact:

Investors:

Byron Purcell
717-975-5809
investor@riteaid.com

Media: 

Susan Henderson
717-730-7766

Source: Rite Aid Corporation

Tesco announces removal of People Managers to simplify its operational structures

Welwyn Garden City, UK, 2018-Jan-23 — /EPR Retail News/ — Tesco has today (22 Jan 2018) announced changes to simplify its operational structures to improve efficiency and give line managers clearer accountability for colleague and customer experience.

As part of these changes, the role of People Manager and Compliance Manager will be removed from large stores and fulfilment centres in the UK. The role of Customer Experience Manager, present in 226 stores, will also be removed, giving line managers more direct accountability for customer service, in line with all other Tesco stores.

The changes will affect 1,700 colleagues who will be supported to find alternative roles within the business wherever possible.

As a result of these changes, 900 new roles with broader remits will be created as People Partners, Learning Partners and Colleague Relations Partners working across multiple sites throughout distribution, stores and fulfilment. As part of this a new Colleague Administration role will also be created to support management teams in each large store and fulfilment centre.

Matt Davies, Tesco UK and ROI CEO, said:

“These changes remove complexity and will deliver a simpler, more helpful experience for colleagues and customers. We recognise these are difficult changes to make but they are necessary to ensure our business remains competitive and set up for the future.

“Our priority now is to support affected colleagues through these changes in any way we can. We hope to retain as many colleagues as possible in the new roles we have created and in the vacancies we currently have available.”

Note to editors

  • The removal of People Managers will impact colleagues in 757 large stores and seven fulfilment centres. Stores includes all Extra and Superstores as well as some larger Metro stores.
  • The removal of Compliance Managers will impact colleagues in 667 large stores and seven fulfilment centres. The removal of Customer Experience Manager will impact only the largest 226 Extra stores.

We are a team of over 450,000 colleagues dedicated to serving shoppers a little better every day.

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

Source: Tesco

Waitrose commits to not sell any own label food in black plastic beyond 2019

LONDON, 2018-Jan-23 — /EPR Retail News/ — And black plastic will not be used for Waitrose meat, fish, fruit and veg by end of this year

Waitrose has pledged to not sell any own label food in black plastic beyond 2019 – this is the earliest date a supermarket has committed to removing black plastic from its shelves.

Reducing the use of plastics is a top priority for Waitrose, which has already removed 65 per cent of black plastic from its fruit and vegetable packaging. The retailer will stop using black plastic for meat, fish, fruit and vegetables by the end of 2018.

Currently a great deal of black plastic used by supermarkets for food such as ready meals and puddings cannot be recycled as lasers used by waste processors cannot sense the colour effectively. This means they are not identified for recycling.

Tor Harris, Head of Sustainability and Responsible Sourcing at Waitrose, says: ‘Tackling the use of plastics across our business is a key priority for us and we have committed that all our packaging will be widely recycled, reusable or home compostable by 2025. Our work to eliminate black plastic packaging from our shops sees us taking a step towards accomplishing this.

‘Not many people realise that black plastic is tough to recycle. As a retailer dedicated to reducing the impact of plastic packaging on the environment, becoming black plastic free across all our own label products is the right thing to do.’

Notes to editors:
Other Waitrose innovations to tackle plastic use includes:

  1. Was the first supermarket to not sell any product containing microbeads from September 2016
  2. Stopped selling own-label plastic-stem cotton buds during the same time – Waitrose now exclusively sells paper-stem cotton buds
  3. In October 2017 Waitrose trialled Waitrose Duchy Organic cherry tomatoes and baby plum tomatoes in punnets made from tomato leaves and essential Waitrose cup mushrooms in pulp punnets
  4. In August 2017 the retailer launched new sandwich packaging to help increase successful recycling. Via a peelable tab the cardboard comes away easier from the plastic, enabling the cardboard to be recycled easier
  5. Waitrose’s carrier bag levy proceeds are helping to fund beach and river cleans across England over the next year, organised by the Marine Conservation Society
  6. The retailer has committed to making all our own-label packaging widely recyclable (using the widely recycled logo), reusable or home compostable by 2025.
  7. Waitrose will stop selling packs of disposable plastic straws from September 2018.

Waitrose has 352 shops in England, Scotland, Wales and the Channel Islands, including 65 convenience branches, and another 27 shops at Welcome Break locations. It combines the convenience of a supermarket with the expertise and service of a specialist shop – dedicated to offering quality food that has been responsibly sourced, combined with high standards of customer service. Waitrose also exports products to 53 countries worldwide and has seven shops which operate under licence in the Middle East. Waitrose’s omnichannel business includes the online grocery service, waitrose.com, as well as specialist online shops including waitrosecellar.com for wine and waitroseflorist.com for plants and flowers.

Waitrose was awarded the much-coveted European-wide Compassion in World Farming ‘Best Retailer Award’, Soil Association’s ‘Best Organic Supermarket Award 2017′ and The Drinks Business’ ‘Retail Buying Team of the Year Award’.

Enquries:
For more information please contact:

Laura Blumenthal
Press Officer
Telephone: 01344 826774
Email: laura.blumenthal@waitrose.co.uk

Source: John Lewis

John Lewis partners with design team PATTERNITY to launch its first ever Fashion and Home collaboration

Department store works with the design duo famous for using pattern to encourage people to slow down, be more mindful and appreciate the world

LONDON, 2018-Jan-23 — /EPR Retail News/ — John Lewis has partnered with design team PATTERNITY to launch its first ever Fashion and Home collaboration, encompassing both homeware and athleisure. The PATTERNITY+ John Lewis collaboration celebrates the fundamental shapes and textures of life, encouraging patterns for positive living.

Founded in 2009 by ‘cult pattern pioneers’ Anna Murray and Grace Winteringham, PATTERNITY was born from a drive to use pattern as a tool to explore, innovate and inspire mindful living through design.

The 100+ piece collection will be available at Oxford Street, Leeds, Bluewater, Birmingham, Cardiff, Kingston, Liverpool, Stratford. The collection features PATTERNITY’s bold graphic patterns and positive mantras on John Lewis products. The collaboration starts at £12 for a soap dispenser and £25 for a bra top, to £99 for a coat and £150 for a rug.

John Lewis’s in-house team worked closely with PATTERNITY duo Anna and Grace to create the powerful collection which reflects the pattern of our lives and how it is shaped by the objects we use, the places we visit and spaces we live in. From cushions which are designed to create mindful daily rituals of comfort and consideration, to athleisure wear with bold patterns and inspirational mantras to encourage moments of daily reflection and appreciation in modern life.

Fashion

The 50+ piece athleisure collection ranges from bra tops, t-shirts, jumpers, jackets, dresses leggings, shorts, parkas and pac-a-macs. With bold patterns and inspiring slogans, the collection focuses on black, white, grey and aqua.

Home

The 45 piece home collection includes cushions, rugs, home fragrance, towels, bedding, rugs, and bathroom accessories. It’s use of the signature Ripple, Ritual, and Reflect patterns brings a bold aesthetic to beautifully-made everyday items made from materials including 100% organic cotton.

‘This collaboration is a celebration of the power of pattern to positively connect different areas of our daily lives’ says Anna Murray, PATTERNITY co-founder. ‘It is a playful exploration of the fundamental shapes, rituals and textures that make up life and we hope it will help inspire people to consider pattern in a much deeper and more meaningful way.’

‘We chose to collaborate with John Lewis as it is a brand which really evokes a sense of quality at an accessible price’ says Grace Winteringham, PATTERNITY co-founder. ‘It is an iconic household name but it’s clear that as well as having this timelessness John Lewis is also super forward-thinking, and it’s exciting that we are part of a collaboration which has merged fashion and home products for the first time.’

Philippa Prinsloo, head of home design at John Lewis: ‘PATTERNITY took as a starting point a day in our customers’ lives, designing products which fit seamlessly into the way we live today. I love the sense of calm and purpose that is inherent to their use of pattern, and the positive way it’s been applied to the products in this collaboration. It’s practical while retaining a sense of thoughtful design.’

Notes to editors

www.johnlewis.com/Patternity
#PATTERNITYXJohnLewis
#PositivePatterns

About PATTERNITY
Since 2009, Anna Murray and Grace Winteringham have been decoding the visual rhythms and cycles of everyday life. Inspired by a deep-seated belief in the power of pattern to positively change the world and expand our lives, they created the world’s leading online archive of pattern imagery, both man-made and natural. From its East London base.

PATTERNITY swiftly grew from an award winning portal of mesmerising imagery to become a fully fledged interdisciplinary creative studio, with a programme of events and educational initiatives dedicated to encouraging and enhancing well-being through the appreciation and understanding of pattern, both seen and unseen, in the world around us.

PATTERNITY-designed product ranges are sold in major museums and iconic retailers worldwide. The first book, A New Way of Seeing, was published in 2015, followed in 2017 by Be Great, Be Grateful, a gratitude journal and guidebook to inspire people to incorporate patterns of positive thinking and behavior into everyday life.

John Lewis – John Lewis operates 49 John Lewis shops across the UK (35 department stores, 12 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2) as well as johnlewis.com. John Lewis,  ‘Best In-Store Experience 2017’, ‘Best Furniture Retailer 2017,’ ‘Best Homewares Retailer 2017’*, stocks around 350,000 separate lines in its department stores and johnlewis.com across fashion, home and technology. Johnlewis.com is consistently ranked one of the top online shopping destinations in the UK.  John Lewis Insurance offers a range of comprehensive insurance products – home, car, wedding and event, travel and pet insurance and life cover – delivering the values of expertise, trust and customer service expected from the John Lewis brand.

*Verdict Consumer Satisfaction Awards 2017

You can follow John Lewis on the following social media channels:
www.johnlewis.com/twitter 
www.johnlewis.com/facebook 
www.johnlewis.com/youtube.

Enquiries:
For further information please contact:

Home PR Team
Sian Grieve
Senior Communications Manager
Home and Technology
Telephone: 020 7592 6887
Email: sian.grieve@johnlewis.co.uk

Emma Cole
Senior Communications Officer, Home
Telephone: 020 7798 3829
Email: emma.cole@johnlewis.co.uk

Fashion PR Team
Emma Moran
Senior Communications Manager, Fashion and Beauty
Telephone: 020 7592 6058
Email: emma.moran@johnlewis.co.uk

Georgina Earnshaw
Communications Officer, Fashion and Beauty
Telephone: 020 7798 3874
Email: georgina.earnshaw@johnlewis.co.uk

Source: John Lewis

LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline

LVMH appoints Hedi Slimane as Artistic, Creative and Image Director of Céline

 

Paris, 2018-Jan-23 — /EPR Retail News/ — LVMH announces the appointment of Hedi Slimane as Artistic, Creative and Image Director of Céline with effect from February this year. He will direct all Céline collections, extending to men’s fashion, couture and fragrances.

Hedi Slimane’s talent and his remarkable ability to anticipate and express in a unique way the evolutions and desires of his age, will ensure a further era of exceptional growth and development for this famous Maison.

Bernard Arnault commented: “I am particularly happy that Hedi is back within the LVMH Group and taking the reins of our Céline Maison. He is one of the most talented designers of our time.  I have been a great admirer of his work since we collaborated on Dior Homme, which he launched to global critical acclaim in the 2000s. His arrival at Céline reinforces the great ambitions that LVMH has for this Maison. Hedi will oversee and develop all creativity for both women’s and men’s fashion, but also for leather goods, accessories and fragrances. He will leverage his global vision and unique aesthetic virtuosity in further building an iconic French Maison”.

Hedi Slimane said: “I am delighted to join Bernard Arnault in this all-embracing and fascinating mission for Céline. I greatly look forward to returning to the exciting world of fashion and the dynamism of the ateliers”.

Sidney Toledano added: “Hedi Slimane is an exceptional designer, complete artist and passionate about his work.  I am certain that he will bring his renowned creative energy and discipline to lead Céline to ever greater success”.

Contact:

LVMH Moët Hennessy – Louis Vuitton
22, avenue Montaigne, 75008 Paris – France
Tel: +33 (0)1 44 13 22 22
Fax: +33 (0)1 44 13 22 23

Source: LVMH

###

RIMOWA celebrates its upcoming 120th anniversary with the creation of new visual identity

RIMOWA celebrates its upcoming 120th anniversary with the creation of new visual identity

PARIS, 2018-Jan-22 — /EPR Retail News/ — In conjunction with celebrations around its upcoming 120th anniversary, RIMOWA has unveiled a new visual identity. Just as RIMOWA suitcases are uniquely resilient over time and combine the best of German engineering and craftmanship, the new logo embodies the DNA of the German Maison and its ability to meld heritage and innovation.

Tradition and innovation have figured at the heart of RIMOWA products since its founding in 1898. To celebrate the company’s upcoming 120th anniversary and project an image as distinctive and contemporary as its suitcases, RIMOWA has created a new visual identity. The result of collaboration between the German design studio Bureau Borsche and London-based design agency Commission Studio, the project was led by Alexandre Arnault, co-CEO of RIMOWA, and Hector Muelas, Chief Brand Officer of RIMOWA.

The ambition for the identity, which contains a newly developed RIMOWA logo, monogram, visual language, and packaging suite, was to create a brand experience worthy of RIMOWA’s product. For the logo, RIMOWA selected a typeface that is both versatile and reflects the functional luxury of its suitcases. The color palette uses black and white along with grey tones.

RIMOWA’s new visual identity is part of a broad strategy initiative by the Maison, presented in December 2017 at the inauguration of its first pop-up store on Beverly Hills’ iconic Rodeo Drive in Los Angeles. Featuring the new visual identity, the store concept offers RIMOWA luggage lines, along with exclusive travel essentials designed in collaboration with local and international artists and brands.

SOURCE: LVMH

CONTACT:

Tel: +33 (0)1 44 13 22 22
Fax: +33 (0)1 44 13 22 23

Walgreens Boots Alliance welcomes Sebastian James as SVP and President and Managing Director of Boots

DEERFIELD, Ill., 2018-Jan-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Sebastian James as Senior Vice President and President and Managing Director of Boots. He also will be contributing to the Group with involvement in a number of key areas, joining the company in the summer of 2018 and taking up his new role at the beginning of the new fiscal year on 1 September. He will report to Alex Gourlay, Co-Chief Operating Officer for Walgreens Boots Alliance.

James joins from Dixons Carphone plc (LSE: DC), Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in nine countries, where he is currently Group Chief Executive since 2014, having been Chief Executive of Dixon Retail since 2012. Previously, he was Chief Executive Officer of Synergy Insurance Services and Silverscreen Holdings, having started his career in management consulting with The Boston Consulting Group and Bain & Company.

Elizabeth Fagan, who has led Boots since June 2016, will continue working with the Company and will take on the newly created role of Non-Executive Chairman of Boots in the new fiscal year.

Gourlay said: “We are delighted that Sebastian will join our Company at an equally exciting and challenging time for the retail environment in the UK and for the future development of Boots, a brand synonymous with pharmacy and care. We are sure his deep retail expertise will drive significant progress and innovation at Boots for the benefit all our stakeholders. I also want to warmly thank Elizabeth who has been leading the business very successfully for the last 18 months or so, and in her over 11 years with the Company has made an invaluable contribution. She will continue to do so in her next role.”

James said: “I am very excited to be joining Walgreens Boots Alliance at this time in its history, and to have been offered the privilege of leading Boots, surely one of the UK’s most iconic, venerable and trusted brands. At a time of unprecedented change in both the retail and healthcare markets, to build on the fantastic work that the team have done over the last few years, and to be a part of the next chapter for this great company is an extraordinary opportunity. I look forward to getting to know my new colleagues at both Boots and WBA in the next few months.”

Notes to Editors:

About Walgreens Boots Alliance

Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise. The company’s heritage of trusted health care services through community pharmacy care and pharmaceutical wholesaling dates back more than 100 years.

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens Boots Alliance and the companies in which it has equity method investments together have a presence in more than 25* countries and employ more than 385,000* people. The company is a global leader in pharmacy-led, health and wellbeing retail and, together with the companies in which it has equity method investments, has more than 13,200* stores in 11* countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with more than 390* distribution centers delivering to more than 230,000** pharmacies, doctors, health centers and hospitals each year in more than 20* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Soap & Glory, Liz Earle, Sleek MakeUP and Botanics.

The company ranks No. 1 in the Food and Drug Stores industry of Fortune magazine’s 2017 list of the World’s Most Admired Companies.

More company information is available at www.walgreensbootsalliance.com.

* As of 31 August 2017, using publicly available information for AmerisourceBergen.

** For 12 months ending 31 August 2017, using publicly available information for AmerisourceBergen

Contact(s)

Walgreens Boots Alliance, Inc.
Media Relations
USA / Michael Polzin, +1 847 315 2935
or
International / Laura Vergani, +44 (0)207 980 8585
or
Investor Relations
Gerald Gradwell and Ashish Kohli, +1 847 315 2922

Lowe’s welcomes David H. Batchelder, Brian C. Rogers and Lisa W. Wardell as new independent directors

MOORESVILLE, N.C., 2018-Jan-22 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today that it has appointed David H. Batchelder, co-founder of Relational Investors, and Lisa W. Wardell, CEO of Adtalem Global Education, to its board of directors effective March 22, 2018.  The company will nominate Batchelder, Wardell and new nominee Brian C. Rogers, chairman of T. Rowe Price Group and its former chief investment officer, for election at Lowe’s 2018 Annual Meeting of Shareholders.

“We are pleased to welcome David, Brian and Lisa as new independent directors to the Lowe’s board and especially value the constructive discussions we have had with the D. E. Shaw group,” said Robert A. Niblock, Lowe’s chairman, president and CEO. “They join Lowe’s at an exciting time as we continue to drive our omni-channel strategy forward and build deeper relationships with pro customers to fulfill our purpose of helping people love where they live. The addition of these directors complements our board of directors’ skills and experiences, and we are confident they will provide valuable perspectives as we continue to execute our strategy, drive profitability and enhance value for all Lowe’s shareholders. We look forward to their contributions and are excited they chose Lowe’s.”

Lowe’s Board regularly evaluates its composition to ensure it includes the appropriate skills, experience and perspective necessary to drive growth for all Lowe’s shareholders, and with these director additions, eight directors will have joined Lowe’s actively engaged board in the past five years.

“We appreciate Lowe’s collaborative approach and are pleased to have worked together to enhance the company’s board of directors,” said Quentin Koffey, a portfolio manager at the D. E. Shaw group. “Lowe’s is an excellent company with tremendous value creation opportunities in front of it, and we believe the new directors will be significant assets to the board.  We believe the refreshed board and the management team are committed to achieving outstanding performance and maximizing shareholder value.”

Batchelder will serve for the duration of his time as a director on the board’s compensation committee, chaired by Eric C. Wiseman, former chairman and CEO of VF Corporation, and the nominating and governance committee, chaired by Lowe’s Lead Director Marshall O. Larsen, former chairman and CEO of Goodrich Corporation.

Wardell will serve on the board’s audit committee, chaired by Raul Alvarez, chairman of Skylark Co., and the public policy committee, chaired by Angela F. Braly, former chair and CEO of WellPoint, Inc.

Rogers’ committee appointments will be determined immediately following his election to the board at the 2018 Annual Meeting of Shareholders.

Lowe’s other independent directors consist of Sandra B. Cochran, president and CEO of Cracker Barrel Old Country Stores; Laurie Z. Douglas, chief information officer and chief security officer of Publix Supermarkets; Richard W. Dreiling, retired chairman and CEO of Dollar General Corporation; Robert L. Johnson, founder and chairman of the RLJ Companies; James H. Morgan, retired chairman and CEO of Krispy Kreme Doughnuts; and Bertram L. Scott, senior vice president of Population Health and Value Based Care at Novant Health.

As previously planned under the board’s mandatory retirement policy, Robert L. Johnson will not stand for re-election at the 2018 Annual Meeting of Shareholders. Following Johnson’s retirement, the Lowe’s board will be composed of 13 directors, 12 of whom are independent.

About David H. Batchelder

Batchelder, 68, was a founder, principal and member of the investment committee at Relational Investors LLC from 1988 to 2015. Prior to that, he served in various executive positions at Mesa Petroleum Co., including as president and chief operating officer from 1986 to 1988. Batchelder served on several other public company boards, including The Home Depot from 2007 to 2011, ConAgra Foods from 2002 to 2007 and Mac Frugal’s Bargains Close-Outs Inc. from 1990 to 1997. He received a bachelor’s degree in accounting from Oklahoma State University.

About Brian C. Rogers

Rogers, 62, serves as non-executive chair of T. Rowe Price Group, Inc., having retired as chief investment officer of the company in March 2017. He was elected to the T. Rowe Price board of directors in 1997 and was named board chair in 2007. As a member of the board, he has served on the U.S. equity steering, fixed income steering, international equity steering, product strategy steering, and management compensation committees, as well as the proxy committee. He joined T. Rowe Price in 1982 and served in several roles including chief investment officer from 2004 to 2017 and president of two T. Rowe Price funds. Prior to joining T. Rowe Price, Rogers worked at Bankers Trust Company. Rogers earned a bachelor’s degree from Harvard College and an MBA from Harvard Business School. Rogers is in the process of receiving the necessary consents from his other boards with respect to his joining Lowe’s as a board member.

About Lisa W. Wardell

Wardell, 48, currently serves as president and chief executive officer of Adtalem Global Education, a role she has held since 2016. Wardell has been a member of Adtalem’s board of directors since 2008 and has chaired its audit committee. Prior to her current position, she served as executive vice president and chief operating officer for The RLJ Companies for a total of 12 years, and as principal at the private equity firm Katalyst Venture Partners for four years. From 1998 to 2000, Wardell worked as a senior consultant for Accenture in the organization’s communications and technology strategic services practice. Wardell earned her bachelor’s degree from Vassar College, her law degree from Stanford Law School and her master’s degree in finance and entrepreneurial management from the Wharton School of Business. Wardell is a member of The Business Council and the Executive Leadership Council. Among numerous recognitions, she was recently named to Savoy Magazine’s Power 300: Most Influential Black Corporate Directors list (2017 and 2016) and has been recognized by Black Enterprise magazine as one of the “300 Most Powerful Executives in Corporate America” (2017).

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe’s and its related businesses operate or service more than 2,370 home improvement and hardware stores and employ over 290,000 people. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

 

Disclosure Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “could”, “would”, “may”, “strategy”, “potential”, “opportunity” and similar expressions are forward-looking statements. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties.  Forward-looking statements include, but are not limited to, statements about future financial and operating results, Lowe’s plans, objectives, business outlook, priorities, expectations and intentions, expectations for sales growth, comparable sales, earnings and performance, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for services, share repurchases, Lowe’s strategic initiatives, including those relating to acquisitions by Lowe’s and the expected impact of such transactions on our strategic and operational plans and financial results, and any statement of an assumption underlying any of the foregoing and other statements that are not historical facts.  Although we believe that the expectations, opinions, projections and comments reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and we can give no assurance that such statements will prove to be correct. Actual results may differ materially from those expressed or implied in such statements.

A wide variety of potential risks, uncertainties and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, the availability of consumer credit and of mortgage financing, inflation or deflation of commodity prices, and other factors that can negatively affect our customers, as well as our ability to: (i) respond to adverse trends in the housing industry, a reduced rate of growth in household formation, and slower rates of growth in housing renovation and repair activity, as well as uneven recovery in commercial building activity; (ii) secure, develop, and otherwise implement new technologies and processes necessary to realize the benefits of our strategic initiatives focused on omni-channel sales and marketing presence and enhance our efficiency; (iii) attract, train, and retain highly-qualified associates; (iv) manage our business effectively as we adapt our operating model to meet the changing expectations of our customers; (v) maintain, improve, upgrade and protect our critical information systems from data security breaches, ransomware and other cyber threats; (vi) respond to fluctuations in the prices and availability of services, supplies, and products; (vii) respond to the growth and impact of competition; (viii) address changes in existing or new laws or regulations that affect consumer credit, employment/labor, trade, product safety, transportation/logistics, energy costs, health care, tax or environmental issues; (ix) positively and effectively manage our public image and reputation and respond appropriately to unanticipated failures to maintain a high level of product and service quality that could result in a negative impact on customer confidence and adversely affect sales; and (x) effectively manage our relationships with selected suppliers of brand name products and key vendors and service providers, including third party installers. In addition, we could experience impairment losses if either the actual results of our operating stores are not consistent with the assumptions and judgments we have made in estimating future cash flows and determining asset fair values, or we are required to reduce the carrying amount of our investment in certain unconsolidated entities. With respect to acquisitions, potential risks include the effect of such transactions on Lowe’s and the target company’s strategic relationships, operating results and businesses generally; our ability to integrate personnel, labor models, financial, IT and others systems successfully; disruption of our ongoing business and distraction of management; hiring additional management and other critical personnel; increasing the scope, geographic diversity and complexity of our operations; significant integration costs or unknown liabilities; and failure to realize the expected benefits of the transaction. For more information about these and other risks and uncertainties that we are exposed to, you should read the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Critical Accounting Policies and Estimates” included in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and the description of material changes thereto, if any, included in our Quarterly Reports on Form 10-Q or subsequent filings with the SEC.

The forward-looking statements contained in this news release are expressly qualified in their entirety by the foregoing cautionary statements. The foregoing list of important factors that may affect future results is not exhaustive. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. All such forward-looking statements are based upon data available as of the date of this release or other specified date and speak only as of such date. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf about any of the matters covered in this release are qualified by these cautionary statements and in the “Risk Factors” included in our most recent Annual Report on Form 10-K and the description of material changes thereto, if any, included in our Quarterly Reports on Form 10-Q or subsequent filings with the SEC. We expressly disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, change in circumstances, future events or otherwise, except as may be required by law.

SOURCE: Lowe’s

Media Inquiries

704-758-2917
PublicRelations@Lowes.com

CVS Health recognized by FORTUNE magazine as one of the World’s Most Admired Companies

WOONSOCKET, R.I., 2018-Jan-22 — /EPR Retail News/ — CVS Health (NYSE: CVS), the nation’s largest pharmacy innovation company, today was recognized by FORTUNE magazine as one of the World’s Most Admired Companies. CVS Health was honored as No. 39 on the corporate rankings, up six spots from the previous year and marking the fourth consecutive year on the Global Top 50 list.

FORTUNE’s Most Admired Companies lists are among the most highly respected indicators of corporate performance and reputation, and rate companies on various attributes including the ability to attract and retain talented people, quality of products and services, quality of management, innovation, social responsibility, and investment value.

“As a purpose-driven, innovative health care company, we are always seeking to do the right thing for our customers, colleagues, clients and communities,” said Larry J. Merlo, CVS Health President and CEO. “We are proud that our work and performance has once again been recognized by FORTUNE, as we continue to deliver on our purpose of helping people on their path to better health.”

Over the past year, CVS Health has taken a number of steps to strengthen the health of communities across the country, including helping to solve for the nation’s opioid crisis. In 2017, the company announced it would enhance opioid utilization management protocols, install 750 new drug disposal collection units in its retail pharmacies to collect unwanted medication and continue the Pharmacist Teach program, which brings CVS pharmacists into schools to educate students on the dangers of prescription drugs.

To address the rising costs of prescription drugs, the company began offering a less expensive epinephrine auto-injector, generic Adrenaclick, for patients with life-threatening allergies in 2017. At the same time, CVS Pharmacy removed artificial trans-fats from all store brand products and will be removing chemicals of concern from nearly 600 store brand beauty and personal care items by 2019.

CVS Health is also recognized as a leading corporate citizen across the country. In the midst of hurricanes, floods, tornadoes and wildfires, CVS Health and its employees went above and beyond to ensure patients received the medications they needed, responded to the call for community help with $10 million is relief and recovery support, and assisted their own colleagues by giving to the company’s Employee Relief Fund.

Beyond disaster relief, CVS Health supports local communities in many different ways. Through corporate giving and the CVS Health Foundation, communities across the country benefited in 2017 from the more than $100 million in grants, in-kind product donations and other community investments to deliver affordable quality health care, provide chronic disease management and promote smoking cessation and youth tobacco prevention.

This recognition is the latest in a series of third-party acknowledgments for CVS Health, including DiversityInc’s Top 50 Companies for Diversity, Points of Light’s Top 50 Community-Minded Companies, Corporate Responsibility Magazine’s 100 Best Corporate Citizens, Human Rights Campaign’s Top Places to Work for LGBT Equality and the Disability Equality Index’s Top Places to Work.

About CVS Health

CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 9,700 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at https://www.cvshealth.com.

Media Contact
Joseph Goode
Joseph.Goode@CVSHealth.com
401-770-9820

SOURCE CVS Health

Walgreens Boots Alliance declares a regular quarterly dividend of 40 cents per share

DEERFIELD, Ill., 2018-Jan-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a regular quarterly dividend of 40 cents per share, an increase of 6.7 percent over the year-ago period. The dividend is payable 12 March 2018 to stockholders of record as of 15 February 2018.

Walgreens Boots Alliance and its predecessor company, Walgreen Co., have paid a dividend in 341 straight quarters (more than 85 years) and have raised the dividend for 42 consecutive years.

Notes to Editors:

About Walgreens Boots Alliance

Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise. The company’s heritage of trusted health care services through community pharmacy care and pharmaceutical wholesaling dates back more than 100 years.

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens Boots Alliance and the companies in which it has equity method investments together have a presence in more than 25* countries and employ more than 385,000* people. The company is a global leader in pharmacy-led, health and wellbeing retail and, together with the companies in which it has equity method investments, has more than 13,200* stores in 11* countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with more than 390* distribution centers delivering to more than 230,000** pharmacies, doctors, health centers and hospitals each year in more than 20* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Soap & Glory, Liz Earle, Sleek MakeUP and Botanics.

The company ranks No. 1 in the Food and Drug Stores industry of Fortune magazine’s 2017 list of the World’s Most Admired Companies.

More company information is available at www.walgreensbootsalliance.com.

* As of 31 August 2017, using publicly available information for AmerisourceBergen.

** For 12 months ending 31 August 2017, using publicly available information for AmerisourceBergen

(WBA-DIV)

Cautionary Note Regarding Forward-Looking Statements: All statements in this release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and involve risks, assumptions and uncertainties, including those described in Item 1A (Risk Factors) of our Form 10-K for the fiscal year ended 31 August 2017 and our Form 10-Q for the fiscal quarter ended 30 November 2017, each of which is incorporated herein by reference, and in other documents that Walgreens Boots Alliance files or furnishes with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially. These forward-looking statements speak only as of the date they are made. Except to the extent required by law, Walgreens Boots Alliance does not undertake, and expressly disclaims, any duty or obligation to update publicly any forward-looking statement after the date of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

Contact(s)

Walgreens Boots Alliance, Inc.
Media Relations
USA / Michael Polzin, +1 847 315 2935
or
International / Laura Vergani, +44 (0)207 980 8585
or
Investor Relations
Gerald Gradwell and Ashish Kohli, +1 847 315 2922

SOURCE: Walgreens Boots Alliance, Inc.

Marks & Spencer to open a new Clothing & Home distribution centre in Welham Green (Hertfordshire) in 2019

  • New 495,000 sq ft Clothing & Home distribution centre to open in Welham Green in 2019
  • Operations at Neasden distribution centre to transfer to other sites in the M&S network

LONDON, 2018-Jan-22 — /EPR Retail News/ — As part of its five-year transformation plan, Marks & Spencer (M&S) is set to open a new Clothing & Home distribution centre in Welham Green (Hertfordshire) early next year.

The existing 495,000 sq ft site will be transformed into a mechanised clothing distribution centre, serving 150 stores in the South East. The former Tesco site will be operated by a third-party logistics supplier, employing over 500 people.

Additionally, M&S will cease operations at its Neasden, North London, distribution centre and transfer the work to other sites in the M&S network.

Gordon Mowat, Director of Clothing & Home Supply Chain & Logistics, said: “M&S is changing and we are transforming our stores and supply chain to better serve our customers.

“The new site in Welham will deliver better service and availability for our customers and enable us to become a faster, more agile, lower cost retailer. The location has fantastic transport links and we’re looking forward to building a great operation in Hertfordshire.

“The decision to move operations from Neasden to other sites within our network is not one we have taken lightly, however it’s an important part of our transformation.”

The Welham Green centre will be fitted out and tested during 2018 and is expected to start operations early next year. The site will incorporate 27,000 sq ft of office space.

The site in Neasden is operated by third-party logistics specialist XPO Logistics with transport operations at the site provided by DHL. Both XPO and DHL have now entered into a period of consultation with the 380 colleagues who work on site.

The changes are the latest in M&S’ journey to adopting a single-tier Clothing & Home distribution network.  The network currently comprises of 19 distribution centres and warehouses, including large centres in Swindon, Castle Donington and Bradford.

– Ends –

For further information, please contact:

Corporate Press Office:
020 8718 1919

Note to Editors: 

Making M&S Special  

In November 2017 Marks & Spencer set out a transformation programmefor the business concentrating on Restoring the Basics, Shaping the Future and Making M&S Special.

Under this transformation programme, Making M&S Special, M&S has to date announced:

SOURCE: Marks and Spencer plc.

Marks & Spencer appoints Sharry Cramond to the new role of Marketing Director, Food & Hospitality

LONDON, 2018-Jan-22 — /EPR Retail News/ — Marks & Spencer today announces that it has restructured its Marketing Team as part of its ongoing programme of change under its five-year transformation plan. The new team structure strengthens talent and will be more closely aligned to the strategic priorities of the Food and Clothing & Home business units.

The move will see Sharry Cramond join the team in the new role of Marketing Director, Food & Hospitality. Sharry joins from Southeastern Grocers in the USA and is a highly experienced retail & digital marketer having worked in senior positions at Tesco and Coles Australia, as well as many well-known food brands.

To complement Sharry’s position in Food & Hospitality, Nathan Ansell, who is currently Marketing Director Customer & Loyalty, is appointed to the new role of Marketing Director, Clothing & Home. Completing the senior marketing team will be Rob Weston who will move to be Marketing Director, Brand & Customer, assuming responsibility for a new customer centre of excellence in addition to his current brand remit. All three roles will report into Patrick Bousquet-Chavanne, Executive Director, Customer, Marketing & Digital.

Patrick Bousquet-Chavanne said: “We’re changing M&S. Marketing and customer engagement will play a significant part in our transformation. The new team structure reflects this and, coupled with our one-brand approach, will ensure that we are faster, more commercial and acutely focused on our customers.

“Sharry is a creative firebrand who brings strong food and digital experience to the team. We are looking forward to working together to drive our transformation plan with pace and clarity for our customers.”

In addition to these changes, which take effect from 29 January 2018, M&S today confirms that Victoria Self, who as previously announced is joining M&S as Digital Director reporting to Patrick Bousquet-Chavanne, will take up her role on 25 January 2018.

– Ends –

For further information, please contact:

Marks & Spencer Corporate Press Office           +44 (0) 20 8718 1919

 

Notes to Editors:

Making M&S Special 

In November 2017 Marks & Spencer set out a transformation programmefor the business concentrating on Restoring the Basics, Shaping the Future and Making M&S Special.

Under this transformation programme, Making M&S Special, M&S has to date announced:

A slowdown in the Simply Food store opening programme

An acceleration of the UK store estate programme

The sale and franchise of its retail business in Hong Kong and Macau

A new Technology Transformation Programme

Improvements to its Clothing & Home Logistics Network

SOURCE: Marks and Spencer plc

British Land appoints Simon Carter Chief Financial Officer

LONDON, 2018-Jan-22 — /EPR Retail News/ — The British Land Company Plc announces that Simon Carter has been appointed as Chief Financial Officer. Simon is currently Chief Financial Officer at Logicor and prior to that was Finance Director at Quintain Estates & Development Plc. In both roles he contributed to the businesses during periods of considerable change and complexity. Prior to this Simon spent just over ten years at British Land in a variety of financial and strategic roles and was a member of the executive committee from 2012.

Simon succeeds Lucinda Bell who, as previously announced, intended to step down from the Board and leave the company on 4 April 2018. Having now successfully completed the search for a replacement CFO, we have agreed that Lucinda will now step down from her role as a main Board Director as well as her day-to-day responsibilities as CFO with immediate effect. A team has already been established to manage the transition to a new CFO. This is made up of the three Executive Directors and senior members of Group Finance including the Financial Controller and Head of Investor Relations. This transition team will assume responsibility for the year end process and ongoing Group finance functions, until Simon takes up his role. His start date will be announced in due course.

Chris Grigg, Chief Executive, said: “We are delighted to welcome Simon back to British Land. In his roles at Quintain and Logicor he has gained a very broad perspective and significant leadership experience and expertise.  During his previous time with the company, he was an incredibly capable and experienced member of our senior team, contributing to the company’s development through a number of roles including treasury, corporate finance, and strategy.”

There are no other disclosures to make pursuant to LR 9.6.13.

Enquiries:
Investor Relations
David Walker, British Land 020 7467 3418
Media
Pip Wood, British Land 020 7467 2838

SOURCE: British Land

The National Retail Federation elects new chairman

NEW YORK, 2018-Jan-22 — /EPR Retail News/ — The National Retail Federation today announced that BJ’s Wholesale Club President and CEO Christopher J. Baldwin has been elected chairman of the NRF Board of Directors. In addition, eight other retailers and retail partners have been elected as new members of the board.

“Chris Baldwin is one of the top thought leaders in retail and is well-positioned to guide NRF through the rapid transformation facing our industry as consumers discover new ways to shop and merchants find new ways to serve their customers,” NRF President and CEO Matthew Shay said. “NRF and the entire industry will benefit from his experience and insights. The new members of our board are also among the best in the business, and we look forward to their help in addressing the challenges and opportunities that lie ahead.”

“I’m honored to help lead NRF during such rapid change in the retail industry,” Baldwin said. “Retail is a crucial driver of our economy and provides opportunities for millions of workers across the United States. I’m very optimistic about the opportunities ahead of our industry and look forward to working with NRF staff and board members during this period of retail transformation.”

Baldwin, who will serve a two-year term, was elected as the board held its annual winter meeting in New York as part of NRF 2018: Retail’s Big Show. He succeeds Macy’s Inc. Executive Chairman Terry Lundgren, who assumed the NRF chairmanship last July after former HSNi CEO Mindy Grossman resigned from the board to head Weight Watchers.

Newly elected members of the board are:

  • Miki Racine Berardelli, CEO, KIDBOX
  • John Furner, president and CEO, Sam’s Club
  • Jeff Gennette, CEO, Macy’s Inc.
  • Mike George, president and CEO, QVC Group
  • Steve Joyce, CEO, DineEquity
  • Rachel Mushahwar, general manager, U.S. enterprise, government, SLED and cloud industries, Intel
  • Eva Press, U.S. group lead, consumer packaged goods, government, healthcare and retail, Facebook
  • Brad Weston, CEO, Petco

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs — 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF.com

SOURCE: National Retail Federation

J. Craig Shearman
(202) 626-8134
press@nrf.com
(855) NRF-Press

Toys“R”Us® annual fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5 million and collected 175,000 toys

Toy Retailer, With Support from its Loyal Customers, Collects Thousands of Toys and More Than $5 Million, Giving the Gift of Play to Millions of Children on Christmas Morning

WAYNE, NJ, 2018-Jan-19 — /EPR Retail News/ — Today (January 17, 2018), Toys“R”Us® announced its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5 million and collected approximately 175,000 toys. The in-store and online fundraiser took place October through December 2017, ensuring some of the 15 million children in-need around the country were met with a visit from Santa this past holiday season. New this year, Toys“R”Us donated $1 to Toys for Tots for every customer that took advantage of the company’s Price Match Promise, resulting in more than half a million dollars contributed towards the campaign.

Over the course of the last 14 years, Toys“R”Us has been championing play alongside the 70-year veteran organization, raising more than $58 million and collecting over 4.5 million toys.

For more information about the company’s mission of giving, visit Toysrusinc.com.

Charitable Giving at Toys“R”Us
Toys“R”Us, Inc. is proud to support organizations that focus on improving their communities, particularly in areas of education, play, children’s health and welfare and disaster relief. Via its charitable arm, The Toys“R”Us Children’s Fund, Toys“R”Us has contributed more than $230 million to nonprofit partners who strive to keep children safe and help them in times of need.

SOURCE: Toys”R”Us

MEDIA CONTACT

Corporate Communications
1(973) 617-5900
press@toysrus.com

CBRE announces the promotion of Bill Concannon to the position of Global Group President

LOS ANGELES, CA, 2018-Jan-19 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced the promotion of Bill Concannon to the position of Global Group President.

Mr. Concannon, who leads CBRE’s occupier outsourcing business (called Global Workplace Solutions), is one of three senior CBRE executives with the Global Group President title.  This designation is reserved for CBRE’s most senior leaders with global, market-facing responsibilities. It reflects outstanding leadership within their areas of responsibility, and significant contributions to the company’s success – and the success of its clients – across the entire enterprise.

“Bill has made exceptional, ongoing contributions to our company over three decades,” said Bob Sulentic, CBRE’s president and chief executive officer.  “He pioneered the occupier outsourcing concept in our sector in the early 1990s. Through a passionate commitment to excellence, leadership by example and strategic thinking, he has built our Global Workplace Solutions offering into a $6.4 billion revenue business – one that is known for generating  exceptional results for our clients.”

The other senior CBRE executives with the Global Group President title are Cal Frese and Mike Lafitte, who share responsibility with Mr. Concannon for all of CBRE’s geographic and services business line operations.

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

SOURCE: CBRE

MEDIA CONTACT
Robert McGrath
Senior Director
+1 212 9848267
FAX +1 212 9848207

Paradies Lagardère’s Treat Our Troops program donated 1.7 million items of need in 2017

Passengers’ in-kind donations help support service men and women around the world

ATLANTA, 2018-Jan-19 — /EPR Retail News/ — Paradies Lagardère, the North American travel retail and restaurateur leader, is proud to announce that its customers donated 1.7 million items of need in 2017 to our military service men and women around the globe through the Treat Our Troops program. This is almost 500,000 more items than donated in 2016!

Paradies Lagardère’s Treat Our Troops program provides travelers, as well as airline and airport employees, the opportunity to purchase goods – from socks and snacks to phone cards and sundries – which are then distributed to military personnel overseas through the USO and other military service organizations. The program also includes free meals for troops from Memorial Day to Independence Day, and “pay it forward” opportunities in which customers donate meals for active or retired military personnel. Learn more about the company’s various initiatives to give back to the community by visiting http://paradieslagardere.com.

Quote:

“Paradies Lagardère is proud to coordinate the Treat Our Troops program that provides an important opportunity for our customers to demonstrate their gratitude for our troops and their families,” said Gregg Paradies, president and CEO of Paradies Lagardère “These brave men and women make unbelievable sacrifices each and every day and deserve the appreciation.”

Additional details:

Paradies Lagardère specializes in three key airport concessions areas: Food and Beverage, Travel Essentials and Specialty Retail. Within Travel Essentials and Specialty Retail, we offer a diverse mix of categories including fashion, luxury, electronics, convenience, sports, luggage, jewelry, and souvenirs. We also deliver high-end restaurants, quick-serve and casual restaurants, and quality bars, including local, national and international brands that provide travelers delicious dining options. Paradies Lagardère was recently recognized for excellence in specialty retail, earning ARN Awards for Best Specialty Retail Brand Operator for its Brooks Brothers concept, and Best Airport Retail Store Design for Dylan’s Candy Bar at Dallas Fort Worth International Airport.

Paradies Lagardère delivers the very best solutions – a favorite local concept or a highly-desirable international brand – that exceeds expectations for our airport partners and travelers.

SOURCE: Paradies Lagardère

MEDIA CONTACT

Nicole V. Linton

Marketing Communications Manager

P: 404 494 3419
M: 470 455 1843
Email Nicole