The Children’s Place to ring the Nasdaq Opening Bell to celebrate the 20th anniversary of its market listing

SECAUCUS, N.J., 2017-Sep-19 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE), the largest pure-play children’s specialty apparel retailer in North America, will celebrate the 20th anniversary of its Nasdaq stock market listing on September 19th. In honor of this event, Jane Elfers, President and Chief Executive Officer, will ring the Opening Bell at 9:30 AM Eastern Time.

Ms. Elfers stated, “We are honored to celebrate our 20th anniversary with Nasdaq. We are proud of our relationship with Nasdaq and proud of the significant value that we have created for our shareholders.”

About The Children’s Place, Inc.
The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America.  The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary “The Children’s Place,” “Place” and “Baby Place” brand names.  As of July 29, 2017, the Company operated 1,026 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 161 international points of distribution open and operated by its 7 franchise partners in 19 countries.

Forward Looking Statement

This press release contains, and the above referenced conference call may contain, forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the Company’s strategic initiatives and adjusted net income per diluted share.  Forward-looking statements typically are identified by use of terms such as “may,” “will,” “should,” “plan,” “project,” “expect,” “anticipate,” “estimate” and similar words, although some forward-looking statements are expressed differently.  These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission, including in the “Risk Factors” section of its Annual Report on Form 10-K for the fiscal year ended January 28, 2017. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company’s business and its dependence on consumer spending patterns, which may be affected by weakness in the economy that continues to affect the Company’s target customer, the risk that the Company’s strategic initiatives to increase sales and margin are delayed or do not result in anticipated improvements, the risk of delays, interruptions and disruptions in the Company’s global supply chain, including resulting from foreign sources of supply in less developed countries or more politically unstable countries, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, and the uncertainty of weather patterns. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.  The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:  
Robert Vill
Group Vice President
Finance
(201) 453-6693

Source: Children’s Place, Inc./globenewswire

Tesco Bank celebrates 20th anniversary!

Edinburgh, United Kingdom, 2017-Jul-05 — /EPR Retail News/ — Today (4 Jul 2017) Tesco Bank celebrates 20 years of serving Tesco shoppers. In that time Tesco Bank has established a full range of retail banking products and has seen strong growth in traditional banking markets, including current accounts and mortgages, as well as innovating in the payments sector.

Originally established in 1997 as a joint-venture with the Royal Bank of Scotland, it became 100% Tesco owned in 2008.  Over the past 9 years Tesco Bank has enjoyed significant growth and expansion, employing 4000 people across three sites in Edinburgh, Glasgow and Newcastle.

Since full ownership in 2008, Tesco Bank has:

  • Increased customer account numbers from 5.8m to 8.0 million
  • 1 in 4 Clubcard customers has a Tesco Bank product
  • Customer deposits now exceed £8.5 billion, up £5.2 billion
  • Customer lending now exceeds £10 billion, up £6.1 billion
  • Increased total employee numbers from 200 to 4000 at Edinburgh, Glasgow and Newcastle locations
  • Given back to our local communities by raising over £2 million for our charity partners

As the Bank marks this anniversary, Benny Higgins has announced that he will be retiring from Tesco in February 2018. Benny joined Tesco Bank as CEO during its move to full Tesco ownership in 2008 and was also appointed Group Strategy Director in 2014.

Commenting on Benny Higgins, Dave Lewis, said:-

“Benny has steered Tesco Bank to the strong position it is in today.  The strong growth in customers, deposits and lending is down to his leadership.  It has been a pleasure having him on the leadership team, and we wish him all the best in his future endeavours.”

Commenting on the Tesco Bank anniversary, Benny Higgins, said:-

“As Tesco Bank celebrates its 20 year anniversary, I want to take time to recognise the achievements of colleagues in serving our 6 million customers.   I am very proud of what we have achieved together and it has been a privilege to work in Tesco Bank and across Tesco for what will have been ten years.”

For media enquiries and further information, please contact:

Chris Sibbald
Head of Communications
Chris.sibbald@tescobank.com
+447855955531

Source: Tesco

Starbucks Japan celebrates its 20th anniversary with new limited-time coffee and an ongoing commitment to Michinoku Future Fund

Starbucks Japan celebrates its 20th anniversary with new limited-time coffee and an ongoing commitment to Michinoku Future Fund
Starbucks Japan celebrates its 20th anniversary with new limited-time coffee and an ongoing commitment to Michinoku Future Fund

 

TOKYO, 2016-Sep-08 — /EPR Retail News/ — Celebrating 20 years of sourcing, roasting and serving high-quality coffee in Japan, Starbucks (NASDAQ:SBUX) today announced a new limited-time coffee and an ongoing commitment to Michinoku Future Fund as part of the company’s mission to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.

Starbucks first international market outside of North America began in the Ginza district in a two-story retail space in 1996. Today, the company has grown to more than 1,100 stores across all 47 prefectures in Japan.

“The opening of our first store in Japan 20 years ago shaped the foundation of Starbucks international growth and today we are humbled by how customers in Japan have embraced the Starbucks Experience and have made us a part of their daily lives,” said John Culver, group president, Starbucks Global Retail. “As we continue to expand our presence in Japan, we remain firmly committed to investing in our people, transforming the customer experience with coffee at the core, and making a positive difference in the communities we serve each day.”

New and Returning Coffees Now Available

Starbucks 1996 Blend
To celebrate the anniversary, Starbucks® 1996 Blend™ whole bean packaged coffee is available exclusively in all Starbucks stores in Japan now through 30 September. Offered for the first time, Starbucks® 1996 Blend™ is specially blended by the expert coffee team at Starbucks Support Center (headquarters) in Seattle as a token of the company’s deep appreciation to the people of Japan. The limited-time coffee is a blend of beans from Latin America and Indonesia, which offers a sweet, rich and complex taste that customers will instantly recognize as Starbucks signature bold flavor.

Starbucks Hacienda Alsacia
As a testament to the company’s passionate commitment to playing a leading role in ensuring a sustainable future for coffee and coffee farmer livelihood, Starbucks Japan is bringing back Hacienda Alsacia whole bean packaged coffee on 14 September across all Starbucks Japan stores. Purchased in 2013, Hacienda Alsacia is a Starbucks working coffee farm in Costa Rica that also acts as a Global Agronomy Research Center helping to ensure the long-term supply of arabica coffee for the industry.

The launch of Starbucks Hacienda Alsacia coincides with Ethical Sourcing Day on 9/9, a time when Starbucks highlights its pride in sourcing 99 percent of its coffees ethically, making the company the largest coffee retailer to achieve this milestone. Across the country, the number 99 will be prominently featured in stores and handwritten on cups to create conversations between partners and customers. As a tribute to customers, on 9 September customers can enjoy a complimentary Starbucks Hacienda Alsacia coffee tasting at participating stores across the country.

Longstanding Commitment to the Community
Building on 20 years of projects to strengthen Japanese communities, and in a response to the devastating earthquake and tsunami that struck Japan five years ago, Starbucks introduced the limited-edition Hummingbird card in 2012 and donated proceeds to the Michinoku Future Fund to provide. The fund provides full academic college tuition assistance to the 1,800 children who lost their parents due to the natural disaster (several are pictured above). The youngest child impacted by the devastation is expected to graduate from college in 2036.

“The loss I experienced that day is indescribable and I am thankful to the Michinoku Future Fund and the people of Japan who have provided me with the care and support to overcome the challenges I faced,” said Yuka, age 22.  “Today, I am very optimistic about the future.”

Starbucks recently introduced the 2016 Starbucks Hummingbird card across all its stores in Japan, an initiative expected to raise a total of 100 million yen ($1 million USD) since the program began. The same Starbucks Japan partner has designed the card for the past five years. This year’s Hummingbird card depicts the bird among vibrant, blossoming flowers, symbolic of the optimistic spirit rooted in the Japanese culture.

“The Starbucks Hummingbird card is a meaningful way that Starbucks partners and customers join together and positively impact thousands of young people across the country, said Takafumi Minaguchi, ceo, Starbucks Coffee Japan. “Since 1996, we’ve been deeply-rooted in the communities we serve and will continue to use our scale to be a catalyst for positive change in Japan into the future.”

This unique card is one way Starbucks and partners have made an impact in their communities. Last year alone in Japan, partners participated in 7,000 local events and projects to further strengthen their neighborhoods.

Media contact:

Global
Phone: 206 318 7100
Email: press@starbucks.com

Source: Starbucks

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