LVMH launches a groundbreaking program for students from 50 leading schools and universities in Europe

Paris, 2018-Feb-20 — /EPR Retail News/ — LVMH has launched INSIDE LVMH Program, a groundbreaking program for students from 50 leading partner schools and universities in Europe, as well as interns working within the Group. Built around a digital platform, the program gives these young talents a deeper understanding of the strategic challenges in luxury, and an opportunity to propose solutions by working on the subject “Imagine the Luxury Experience of Tomorrow”. The top students will have a chance to join the 6,500 interns and 1,000 young graduates recruited each year by the Group and its Maisons around the world.

More than 3,500 young talents have already joined the INSIDE LVMH program, which is open to students in engineering, business, creative and design and technology courses at schools in six European countries (France, Italy, Switzerland, Spain, the United Kingdom and Germany), as well as interns and students in work/study programs within the Group. Designed in close collaboration with its professor-ambassadors, INSIDE LVMH Program enables the Group to position itself as a preferred employer while preparing and recruiting the next generations of managers and leaders at LVMH. By bridging the university and business environments with a 360° immersion into the LVMH Group, the program brings participants a better understanding of the luxury industry.

“Given our ambitious recruitment goals, we have designed the INSIDE LVMH Program to be a stepping stone between the academic world where the young talent is being nurtured, and the professional world. At LVMH, we believe that people make the difference, so we are delighted to be able to offer them a unique opportunity to discover the various aspects of our Group, and to imagine themselves joining our Maisons’ teams.” Chantal Gaemperle, Group EVP Human Resources & Synergies, LVMH.

The program revolves around a four-month digital immersion behind the scenes at the LVMH Group where students discover key skillsets in the luxury industry: Design & Creation, Brand Management, Supply Chain & Manufacturing, Digital Transformation & Entrepreneurship and Customer Excellence. A series of 50 short videos have been produced to guide the students “Inside”. These educational videos were created in collaboration with professors from prestigious schools (including Central Saint Martins, Bocconi University, HEC, ESSEC, CentraleSupélec and the Institut Français de la Mode), and joined by first person accounts from managers at over 20 LVMH Maisons.

Students are also invited to work as part of teams to imagine and develop their vision of the luxury experience of tomorrow, guided by professor-ambassadors from their school and by LVMH managers involved in the program. The 200 students with the most compelling ideas will present their concept to a Jury comprising executives from LVMH Maisons and members of the LVMH Executive Committee on May 3, 2018 in Paris. Following the program, the top students will be invited to join LVMH Maisons.

With this major initiative, LVMH is strengthening its relations with top European schools and universities and creating a pool of young talents for recruitment of the next generations of managers and leaders within LVMH Maisons.

Contact:

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

Source: LVMH

Costa Coffee named the ‘Most Ethical Brand’ in Europe at the annual Allegra Coffee Symposium

London, 2017-Nov-27 — /EPR Retail News/ — Costa Coffee, the UK’s Favourite Coffee Shop, has been awarded the title of ‘Most Ethical Brand’ in Europe at the annual Allegra Coffee Symposium. The award was collected by members of the Costa team at a ceremony in Warsaw on Tuesday 21st November, 2017.

This award was voted for by over 500 trade professionals across the coffee sector, and was a highly competitive category. Costa was up against strong contenders from the independent coffee market, who have already achieved a strong reputation in this area.

The judges recognised Costa for its ambitious and impactful Sustainability programme, called ‘Force For Good’, and highlighted in particular the following initiatives:

  • The opening of the new sustainable Roastery in Basildon, Essex, which was award BREEAM rating “Outstanding” to the 2014 standard with final score of 89.1%
  • The launch of the cup recycling scheme in all UK stores, which recovers and recycles all takeaway paper cups from Costa, competitors and independent
  • The WISE programme, which provides a great opportunity for people to take a progressive journey of self-improvement and personal development with Costa. The programme offers a range of opportunities including Work Experience Placement Employment Placements and Apprenticeships
  • Supporting the Costa Foundation to fund the building of 75 schools, improving the social and economic welfare of coffee-growing communities though education. The Costa has recently celebrated it’s 10th birthday, opening a school in it’s 10th market, Zambia

When collecting the award, Sandy Gourlay, Costa Charity and Communtiy Manager said, ‘This award is incredible recognition for all the work that our teams are doing all over the world to make a positive difference to the environment, and communities near and far’.

About Costa

Founded in London by Italian brothers Sergio and Bruno Costa in 1971, our quality coffee was the premium choice for boutique hotels and restaurants across the city. Today we continue to roast the original Mocha Italia recipe with our 100% Rainforest Alliance certified coffee remaining at the core of our quality coffee credentials.

With over 2,000 coffee shops in the UK and more than 1,240 in 30 overseas markets, we are the fastest growing coffee shop business in the UK. We’re proud to be the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for seven years running (2010, 2011, 2012, 2013, 2014, 2015 & 2016).

Our people are the heart of our business and we employ over 30,000 people worldwide, with a target of 5,000 new jobs in the UK by 2020. Last year, we increased Barista pay by c.10%. Our Pay for progression model was introduced in October 2015, and our training rate of £7.20 was launched well ahead of National Living Wage.

As a popular, mainstream food and beverage brand, we can make a positive contribution towards customer health and wellbeing by investing in safe sourcing, new product development and consumer education. Health and wellbeing remains a strategic business focus area and we will continue to evolve our product offer over the coming years. We are working to reduce added sugar in our drinks by 25% by 2020 and will reduce salt in our sandwich range by a further 5% by 2017.

We care about the communities we operate in with our store teams volunteering over 12,000 hours of their time to lend support to over 2,000 local community projects.

Looking after coffee growers is extremely important to us, which is why we established The Costa Foundation, a registered charity with the aim to relieve poverty, advance education and the health and environment of coffee-growing communities around the world. So far, The Costa Foundation has funded the building of 72 school projects and improved the social and economic welfare of coffee-growing communities. For more information, please visit www.costafoundation.com.

Costa is also committed to tackling the UK’s literacy challenge and is proud to have signed the Vision for Literacy Business Pledge 2016. In continuation of this commitment, and inspired by the Costa Book Awards and the ongoing work of the Costa Foundation, Costa launched its inaugural Reading Week in September 2016 in conjunction with over 500 schools across the UK.

For further information, please contact:

Isabella Highett
Costa UK & Ireland Press Officer
Isabella.highett@whitbread.com
+44 (0) 7824081791

Source: Costa Coffee

Diebold Nixdorf strengthens retail sales leadership in the Europe, Middle East and Africa region with new appointments

NORTH CANTON, Ohio, 2017-Nov-27 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, is strengthening its retail sales leadership in the Europe, Middle East and Africa (EMEA) region.

Giovanni Bandi has been appointed vice president, Retail, UK and Ireland. Bandi has extensive experience in driving software business growth and heading sales and business development teams in various companies that specialize in IT solutions for the retail and hospitality industries. Most recently, as a consultant he supported organizations in expanding their businesses by developing efficient sales strategies and processes.

In addition, Lorenza Sbarbaro has been appointed general manager, Retail, Italy, with a mandate to focus on business with IT solutions with retail companies. She has many years of management experience in technology companies that specialize in providing IT solutions for the retail and banking industry, having served as head of Software Retail and Banking, Europe, among other positions.

“As experienced leaders, Lorenza and Giovanni bring a deep understanding of major European retailers, significant sales leadership and a focus on developing and executing marketing and sales strategies to drive growth,” said Christian Weisser, Diebold Nixdorf senior vice president and managing director, EMEA. “Both will help develop our vision of connected commerce and the new retail experience of the ’store for one’ – a fully integrated and customized experience in physical and online stores.”

About Diebold Nixdorf

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

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization is headquartered in North Canton, Ohio, USA and Paderborn, Germany Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Contact(s):

Ulrich Nolte
Media Relations – Germany
Email: ulrich.nolte@dieboldnixdorf.com
Phone: +49 5251 693 5211

Source: Diebold Nixdorf

Carrefour stops selling of Carrefour-brand eggs produced by caged hens in Europe

Carrefour stops selling of Carrefour-brand eggs produced by caged hens in Europe

 

Carrefour stops selling Carrefour-brand eggs produced by caged hens in all of its stores in Europe

Boulogne-Billancourt, France, 2017-Nov-15 — /EPR Retail News/ — Carrefour has just reached a new milestone in animal well-being in becoming the first retailer to commit to ensuring that all Carrefour-brand eggs in Europe will be produced using cage-free systems by 2025. Carrefour will collaborate with farmers and suppliers to reach this target

Encouraging a more global market shift
To amplify this market transformation, Carrefour calls national brand suppliers to join this commitment in Europe. Carrefour will work with its suppliers and customers in order to extend this approach to all eggs and achieve a 100% cage-free assortment by 2025.

This new commitment is now including Spain and Romania and completing the targets already defined in France, Italy, Poland and Belgium.

Key figures:
.    1 billion Carrefour brand eggs sold every year in Europe
.   9500 Carrefour stores in Europe

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

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iPhone X arrives in 13 additional countries across Europe, Asia, the Middle East and Africa

Cupertino, California, 2017-Nov-09 — /EPR Retail News/ — Apple today (NOVEMBER 7, 2017) announced iPhone X, the future of the smartphone, featuring a revolutionary new design with a stunning all-screen display, wireless charging and an incredible rear camera with dual optical image stabilization, will arrive in 13 additional countries across Europe, Asia, the Middle East and Africa as well as Macau on Friday, November 24.

iPhone X features a gorgeous all-glass and stainless steel design with a beautiful 5.8-inch Super Retina display, A11 Bionic chip with neural engine for powerful machine learning, augmented reality and immersive 3D gaming experiences, wireless charging and Face ID, delivering an innovative and secure new way to unlock, authenticate and pay. The TrueDepth camera that enables Face ID brings Portrait mode with Portrait Lighting to the front camera for beautiful selfies with a depth-of-field effect and enables Animoji, which captures and analyzes over 50 different facial muscle movements to bring emoji to life in a fun new way. A redesigned rear camera with dual optical image stabilization includes a new color filter, deeper pixels, an improved Apple-designed image signal processor and features Portrait mode with Portrait Lighting, allowing customers to capture stunning photos and videos. The all-glass front and back on iPhone X feature the most durable glass ever in a smartphone in two beautiful finishes, silver and space gray.

Pricing and Availability

  • iPhone X will be available in silver and space gray in 64GB and 256GB models starting at $999 (US) from apple.com, Apple Stores and through Apple Authorized Resellers and carriers (prices may vary).
  • iPhone X will be available to customers beginning Friday, November 24, in Albania, Bosnia, Cambodia, Kosovo, Macau, Macedonia, Malaysia, Montenegro, Serbia, South Africa, South Korea, Thailand and Turkey.
  • iPhone X will be available to customers in Israel beginning Thursday, November 23.
  • iPhone X is available in Andorra, Australia, Austria, Bahrain, Belgium, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Greenland, Guernsey, Hong Kong, Hungary, Iceland, India, Ireland, Isle of Man, Italy, Japan, Jersey, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, Netherlands, New Zealand, Norway, Poland, Portugal, Puerto Rico, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, UAE, the UK, the US and US Virgin Islands.
  • Apple-designed accessories including leather and silicone cases in a range of colors will be available starting at $39 (US), while a new iPhone X Leather Folio will be available for $99 (US). Lightning Docks in color-matching metallic finishes will also be available for $49 (US), prices may vary.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contacts:
Michele Wyman
Apple
michele_wyman@apple.com
(669) 276-1208

Alex Kirschner
Apple
alexkirschner@apple.com
(408) 974-2479

Apple Media Helpline:
media.help@apple.com
(408) 974-2042

Source: Apple Inc.

Visa Commits to Strategic Investment in Klarna; Companies Plan Partnership Deal

NEW YORK and COPENHAGEN, Denmark, 2017-Jun-29 — /EPR Retail News/ — Visa (NYSE:V) and Klarna announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing online payments companies, serving 60 million consumers and 70,000 retailers.

The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to accelerate online and mobile commerce for the benefit of consumers and merchants across Europe. The announcement was made at Money 20/20 being held in Copenhagen through June 28.

Visa’s planned investment is part of a global strategy to open up the Visa ecosystem and support a broad range of new partners who are helping to redefine and enhance the purchase experience for millions of consumers globally. Klarna develops products that address changing consumer preferences, giving them the flexibility and seamless experience they expect when shopping.

“Klarna has demonstrated an expertise in consumer credit and online purchasing and together, we share a vision for how today’s online and mobile commerce experiences can be as simple as they are in the real world,” said Jim McCarthy, executive vice president, innovation and strategic partnerships, Visa Inc. “Visa is committed to partnering with a new generation of partners and payment providers to bring secure, online commerce to many more consumers in Europe. We look forward to working more closely with Klarna to accomplish this.”

“The Visa and Klarna partnership is a natural fit. We both understand consumer credit and the value of consumer centricity in developing innovative payment solutions,” said Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna.

“Klarna continually strives to offer the most advanced choice of payment solutions for our merchants and give consumers the smoothest buying experiences.  Partnering with Visa will give us the opportunity to strengthen our global presence and product portfolio by leveraging our combined assets. We are excited about the possibilities of what we can do together.”

According to Forrester, Europe is expected to see double-digit growth in online sales in the coming years.  By 2021, the growth in the number of connected devices and improvements in mobile connectivity will drive online sales to reach 12 percent of the region’s total retail sales.  Additionally, online retail sales are expected to grow at an average rate of 12 percent per year over the next five years in Western Europe.

 

About Visa

Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. For more information, visit our website (www.visaeurope.com), the Visa Vision blog (vision.visaeurope.com), and @VisaInEurope

 

About Klarna
Klarna is one of Europe’s leading payments providers that aims to make the payment process simple, smooth and safe for customers and its merchant partners. Klarna works together with 70,000 merchants to offer payment solutions to more than 60 million users in Europe and North America. Klarna, headquartered in Stockholm, Sweden, has 1,500 employees and is active in 18 countries. The company was founded in 2005 was recently named as one of the top disrupter companies in the world by CNBC.

BlueStar appoints Mr. Laurent Berger as EVP of sales for Europe

Hebron, KY, 2017-Apr-07 — /EPR Retail News/ — BlueStar is pleased to announce that Mr. Laurent Berger has been appointed as executive vice president of sales for Europe. Mr. Berger has been working at BlueStar for a number of years, and has been an instrumental part of the significant growth BlueStar has achieved in the European market. Recognized for his dedication and commitment, BlueStar and its partners will benefit from Mr. Berger’s leadership in Europe.

“Laurent´s market vision and experience have helped our company to identify new opportunities, as well as to structure our go-to-market proposal. With him in the executive team, we have a stronger and more efficient organisation,” says Mr. Keith Robinson, EMEA managing director at BlueStar.

“We have worked hard to become a global leader while building considerable momentum in Europe. I look forward to continuing our value add proposition and bring success for our partners to a new level within EMEA,” says Berger.

ABOUT BLUESTAR
BlueStar is the leading global distributor of solutions-based ADC, Mobility, Point-of-Sale, RFID, Digital Signage, and Security technology. BlueStar works exclusively with value-added resellers, providing them with complete solutions, business development and marketing support. The company brings unequalled expertise to the market, offers award-winning technical support and is an authorized service centre for a growing number of manufacturers. BlueStar is the exclusive distributor for the In-a-Box Solutions Series, delivering hardware, software and critical accessories in one bundle with technology solutions across all verticals. For more information, please contact BlueStar at +31 880 233 633 or visit www.bluestarinc.com.

Contact:

BlueStar
+31 880 233 633

Source: BlueStar

Ahold Delhaize received a design award at the eighth annual Transform Awards Europe

Ahold Delhaize received a design award at the eighth annual Transform Awards Europe

 

Zaandam, the Netherlands, 2017-Apr-04 — /EPR Retail News/ — Ahold Delhaize has received a design award for visual identity, including our logo, colors, typeface and tone of voice. Along with FutureBrand, we finished second in the “best corporate rebrand following a merger or an acquisition” category at the eighth annual Transform Awards Europe on March 29 in London.

Honoring excellence in branding from agencies and businesses across Europe, the awards were chosen by a panel of judges based on flair, creativity and concise branding strategies. “Each brand … has demonstrated outstanding creative ability and strategic thought while working closely and collaborating with their agencies,” said Andrew Thomas, publishing editor of Transform magazine, the event sponsor.

Charles Davis, SVP of Global Communications for Ahold Delhaize, notes that development of a strong visual identity was vital to set us apart in a crowded industry marketplace.

“Our brand identity is how we bring Ahold Delhaize consistently and uniquely to life for all our internal and external stakeholders,” Charlie said. “This award acknowledges the terrific work by the Brand team and FutureBrand, which were under tremendous pressure to create a compelling design as Ahold and Delhaize Group came together to form a great new company. We congratulate everyone who was involved.”

Contact:

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

Source: Ahold Delhaize

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Rakuten, Inc. launches commercial banking operations in Europe with Rakuten Europe Bank S.A.

Headquartered in Luxembourg; Initial focus on SME customers in France

Tokyo, 2017-Jan-13 — /EPR Retail News/ — Rakuten, Inc. today ( January 11, 2017) announced at a formal reception at the Embassy of Luxembourg in Tokyo that it has officially launched commercial banking operations in Europe with Rakuten Europe Bank S.A.

Rakuten Europe Bank will offer banking services throughout Europe. While initially focusing on providing payment, deposit and loan services for merchants on the PriceMinister e-commerce platform in France, the bank also plans to expand these services to merchants on other Rakuten Group marketplaces. Rakuten Europe Bank is positioned to become the banking platform for the businesses that make up the growing Rakuten Ecosystem in Europe, as well as offer banking services to new and high-growth fintech businesses across the region.

Rakuten’s European headquarters were first established in Luxembourg in March 2008 to oversee the operations, finances and human resources of Rakuten’s businesses in the region and, since acquiring a banking license in February 2015, Rakuten has made preparations for the launch of commercial banking operations with Rakuten Europe Bank from this base.

Pierre Gramegna, Minister of Finance for Luxembourg commented “I am very pleased that Rakuten has joined the growing ranks of international groups that have chosen Luxembourg as the European hub for their banking operations. Rakuten Europe Bank will be a valuable addition to Luxembourg’s thriving Fintech ecosystem and contribute to foster innovation in the financial center.”

“We are extremely pleased to be able to begin commercial operations with our European banking license from our Luxembourg offices,” commented Masayuki Hosaka, Representative Director and Vice Chairman, Rakuten, Inc. and head of Rakuten’s fintech businesses. “Since its founding, the Rakuten Group has worked to develop the Rakuten Ecosystem, a comprehensive range of online services centered around Rakuten membership, including fintech businesses, such as credit cards, banking, securities and life insurance. With Rakuten Europe Bank, we aim to provide banking services in Europe that will parallel the successes of the Rakuten Group’s fintech businesses in Japan.”

Rakuten will continue to strive to create and provide new services in Europe and develop the Rakuten Ecosystem in the region.

Source: Rakuten, Inc.

Starbucks Red Cup Cheer campaign across Europe to support select nonprofit organizations

Starbucks Red Cup Cheer campaign across Europe to support select nonprofit organizations

 

Seattle, 2016-Dec-22 — /EPR Retail News/ — The holidays are traditionally a time of giving. For Starbucks in Great Britain, the Netherlands, France, Switzerland and Austria, they’re also about supporting those who give.

Starbucks Red Cup Cheer campaign is currently taking place across Europe through December 24. During this period, a portion of Starbucks holiday beverage sales in Great Britain, the Netherlands and France will be directed to select nonprofit organizations. Starbucks in Switzerland and Austria will be making donations and contributing volunteers to charitable organizations.

In Great Britain, 250 charities nominated by Starbucks partners (employees) and customers will receive Red Cup grants of up to 1,000 pounds. The charities are asking customers to “Cheer” for them on Twitter by following, tweeting and posting their support using the hashtag #RedCupCheer. The nonprofits with the most social media activity – or cheers – will receive a larger share of the funds raised by Starbucks, which will donate 5 pence for every holiday beverage sold between December 1-24. All participating organizations will receive at least 500 pounds.

“Red Cup Cheer is all about celebrating the local charities that mean most to our customers and partners,” said Simon Redfern, vice president of Communications for Starbucks Europe, Middle East and Africa Region. “We’ve seen fantastic support for Red Cup Cheer and we hope the charities involved enjoy taking part and receiving recognition for the wonderful work they do in our communities.”

Spreading Cheer Throughout the Continent

Starbucks, collaborates with Neighbourly, which connects charities and causes with companies and people. Last year, Starbucks and Neighbourly made donations to 200 nonprofits through the Red Cup campaign. Over the three-year history of the campaign, 350,000 pounds have been donated to 520 UK charities. The following organizations are supported by the Red Cup Cheer in additional countries across the EMEA region:

The Netherlands – The Starbucks Red Cup Cheer beneficiary in the Netherlands is VluchtelingenWerk, which provides support to refugees and asylum seekers. Starbucks partners will help the organization volunteering and raising awareness, while Starbucks donates 5 cents from the purchase of any holiday drink served through December 24.

France – La Protection Civile, which provides support for people affected by emergencies and natural disasters in Europe and North Africa, will receive 5 cents from the purchase of any holiday drink purchased in France.

Switzerland – Wunderlampe, the Red Cup Cheer charity partner in Switzerland, makes wishes come true for chronically ill and disabled children. In addition to a charitable donation, Starbucks partners will hold a celebration with Wunderlampe personnel and help raise awareness and funds for their work.

Austria – Starbucks partners in Austria are supporting Caritas Gruft, a nonprofit that provides care for homeless people in Vienna. Their support ranges from warm food, hot showers, clean clothes and a safe place to sleep to long-term assistance from the charity’s team of social workers, psychiatrists, psychotherapists and civilian volunteers. In addition to a charitable donation, Starbucks partners will volunteer at Caritas Gruft, cooking dinner on December 21 and collecting clothes for beneficiaries.

Media contact:

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

Source: Starbucks

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Alibaba Cloud announces the opening of four new data centers in the Middle East, Europe, Australia and Japan

New facilities in the Middle East, Europe, Australia and Japan will provide comprehensive cloud service offerings, enabling business innovation globally

Hangzhou, China, 2016-Nov-23 — /EPR Retail News/ — Alibaba Cloud, the cloud computing arm of Alibaba Group, today (November 21, 2016) announced the opening of four new data centers by the end of 2016 in the Middle East (Dubai), Europe, Australia and Japan. As a major milestone of Alibaba Cloud’s global expansion, the new centers will boost its data center network to 14 locations, covering key economic centers around the world. The data center in the Middle East, located in Dubai, United Arab Emirates, commenced initial operations today.

Alibaba Cloud’s expansion will provide customers worldwide with improved latency and greater access to its diverse offerings, including data storage and analytics services, enterprise-level middleware, and cloud security services. Strengthening Alibaba Cloud’s position as a major global cloud provider, the new data centers will support Alibaba Cloud’s growing client base beyond the current 2.3 million.

Through a stronger network of facilities and strategic partnerships, Alibaba Cloud also plans to drive a globalization of innovation. The enhanced cloud capabilities make breakthrough innovation a real possibility with artificial intelligence, deep learning and data analytics.

“Alibaba Cloud has contributed significantly to China’s technology advancement, establishing critical commerce infrastructure to enable cross-border businesses, online marketplaces, payments, logistics, cloud computing and big data to work together seamlessly. We want to establish cloud computing as the digital foundation for the new global economy using the opportunities of cloud computing to empower businesses of all sizes across all markets,” said Simon Hu, President of Alibaba Cloud.

Evidence of the potential of Alibaba Cloud can be seen during the recently completed 2016 11.11 Global Shopping Festival, where Alibaba Cloud technology supported all of Alibaba’s online marketplaces and facilitated a record-breaking 175,000 transactions per second during peak traffic spikes. The festival showcased the capabilities not only of the cloud, but also a number of other areas, such as virtual reality, thus helping to redefine technological boundaries.

“The four new data centers will further expand Alibaba Cloud’s global ecosystem and footprint, allowing us to meet the increasing demand for secure and scalable cloud computing services from businesses and industries worldwide. The true potential of data-driven digital transformation will be seen through globalization and the opportunities brought by the new global economy will become a reality,” said Ethan Yu, Vice President of Alibaba Group and General Manager of Alibaba Cloud Global.

Since its launch, Alibaba Cloud’s technologies have enabled all types of businesses globally, ranging from start-ups to multi-national companies, to benefit from the greater operational and cost efficiency that cloud computing can provide. The new facilities are based in four strategically important trading and economic centers to enable the ambitions to make it easy to do business anywhere. Each of the four will add significant value to the global network and expand horizons.

Middle East

Alibaba Cloud will be the first major global public cloud services provider to offer cloud services from a local data center in the Middle East. The opening of the Dubai Data Center is held in conjunction with YVOLV, a joint venture of Alibaba Cloud and Meraas Holdings, a Dubai-based holding company with a portfolio spanning across key economic sectors in the United Arab Emirates. YVOLV will support and drive Dubai’s Smart City vision by leveraging Alibaba Cloud’s sophisticated cloud computing technologies to create new applications and big-data tools for customers in the region.

Europe

To support enterprises in Europe, Alibaba Cloud will partner with Vodafone Germany to open its first data center in Europe. The center is co-located in Vodafone’s data facilities in Frankfurt, Germany, one of the leading technology hubs in Europe with a highly developed infrastructure supporting technological innovation. The facility is well positioned to meet the increasing demand for sophisticated cloud computing services as the region seeks to accelerate the upgrade of its digital infrastructure.

Australia

Extending its global footprint in the Asia-Pacific, Alibaba Cloud will open a new data center in Sydney, Australia by the end of 2016. Alibaba Cloud will bring its most popular cloud services in data storage and processing services, enterprise-level middleware, and cloud security services to the Australian market. A dedicated team will be based in Australia, and build up a cloud ecosystem with local technology partners to drive cloud and big-data business in the region.

Japan

The Japan Data Center, hosted by SB Cloud Corporation, a joint venture between Softbank and Alibaba Group, will provide Japanese enterprises with competitive and enhanced public cloud computing services from Alibaba Cloud. With the joint venture, Alibaba Cloud will further expand its cloud computing service platform by leveraging SoftBank’s extensive enterprise customer base in Japan.

About Alibaba Cloud

Established in September 2009, Alibaba Cloud (intl.aliyun.com), Alibaba Group’s cloud computing arm, develops highly scalable platforms for cloud computing and data management. It provides a comprehensive suite of cloud computing services to support growing enterprises worldwide, including sellers and other third-party customers and businesses participating in Alibaba Group’s online and mobile commerce ecosystem. Alibaba Cloud is a business of Alibaba Group.

Media Contacts:

Sindy Shi
Alibaba Group
+86 150 2192 5635
ruoyun.sry@alibaba-inc.com

Rachel Chan
Alibaba Group
+852 9400 0979
rachelchan@hk.alibaba-inc.com

Source: Alibaba Group

Waitrose becomes the first UK retailer to introduce responsibly sourced non-GM soya for animal feed from Europe

London, 2016-Nov-02 — /EPR Retail News/ — Waitrose has become the first UK retailer to introduce responsibly sourced non-GM soya for animal feed from Europe, reducing its reliance upon South American supply.

In October the grocer landed its first shipment of soya grown in the Danube Region of Europe – an area stretching from the Black Forest to the Black Sea – for use as a source of protein in pig feed used by the retailer’s dedicated pork supplier, Dalehead Foods.

The move marks the start of the retailer’s plans to replace responsibly sourced soya beans from non-deforested land in Brazil, lowering the risk to its supply chain as demand for South American Soya from the developing world increases.

Waitrose Managing Director Rob Collins will outline the initiative to the Waitrose Farming Partnership – the grocer’s dedicated farming group – at a conference today (Tuesday, November 1).

Collins will say: ‘This is fantastic, innovative and determined thinking and the result of three years’ work by our agriculture team. It fits perfectly into our strategy to improve our supply chain security by sourcing animal feed from raw materials grown at home or within the UK and Europe. This is an example of Waitrose working with our supplier groups to deliver a real benefit to our farmers, our global environment, our business and our customers.’

In its 2016 scorecard on the use of responsibly sourced soya in supply chains, the World Wildlife Fund (WWF) gave Waitrose its top score, saying the retailer was well on the way to using 100% sustainable soya by 2020*.

In taking the first step towards a completely sustainable animal feed supply chain by opening up a supply route from Europe, Waitrose worked closely with the Danube Soya Producers Association (Donau Soja**), a group made up of European soya growers, millers and end users.

Andrew Saunders, Director of Agriculture at Dalehead Foods, adds: ‘We have recently taken our first delivery of European soya.  A number of Waitrose supply chains have carried out trials on the use of European soya, and we are excited to be the first supply chain to use this source.”

Commenting on the retailer’s decision, Peter Melchett, Policy Director of the Soil Association, says: ‘We warmly welcome this very important development. GM soya from Latin America is linked to rainforest destruction, so sourcing from the Danube Region and using more UK-grown protein crops, is good for the climate, good for UK farmers, and good for consumers.’

This latest development is part of Waitrose’s work to source livestock feed raw materials closer to the UK. In the ruminant supply chain (beef, lamb and dairy) suppliers are using clovers and other forage proteins to replace imported soya. With monogastric livestock (such as pigs, chickens and duck), soy alternatives such as faba beans are being trialled as a long term soya replacement.

Notes to editors

*For full details please see http://soyscorecard.panda.org/check-the-scores/retail-and-food-services-companies/waitrose.

**Donau Soja (The Danube Soya Growers Association) represents GM-free, origin-controlled quality soya from the Danube region, making a valuable contribution to the European supply of protein.

The project’s most important objectives are the promotion and expedition of regional soya bean cultivation according to clearly defined quality criteria, as well as the expansion of infrastructure in order to attain these objectives. For more information please visit: http://www.donausoja.org/en/donau-soja/about-us/main-objectives/

Photos of Danube Region Soya fields are available here:

http://www.donausoja.org/en/press/press-photos/soya-field-and-beans/

Waitrose – winner of the Best Supermarket1 and Best Food Retailer2 awards- currently has 350 shops in England, Scotland, Wales and the Channel Islands, including 61 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 its products to 58 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 waitrosekitchen.com for cookware, utensils and kithchen gadgets.

¹ Which? Customer Survey
² Verdict Customer Satisfaction Awards

Contact:

Waitrose Press Office
Telephone: 01344 825080

Source: John Lewis

Teavana hot brewed tea launches in the Europe, Middle East and Africa

Teavana hot brewed tea launches in the Europe, Middle East and Africa a
Teavana hot brewed tea launches in the Europe, Middle East and Africa a

 

Seattle, 2016-Oct-04 — /EPR Retail News/ — Teavana hot brewed tea launch in the Europe, Middle East and Africa region today (October 3). Following the introduction of the popular Teavana Iced Teas this summer, customers will be able to explore 10 hot brewed teas, including jasmine pearls, green, black and white teas, as well as three Tea Lattes.

Joining the menu for a limited time is the Citrus Mint Green Tea Latte with Matcha, a smooth and creamy green tea matcha with steamed milk and finished with a lemon sprinkle.

Teavana’s hot and iced teas are now available at participating Starbucks stores globally. Explore regions around the world where Teavana tea beverages are offered to customers in Starbucks stores.

This fall, Starbucks® Teavana™ launched in more than 6,200 stores across 16 markets in the China and Asia Pacific region. These Starbucks locations offer a range of full leaf tea sachets as well as handcrafted beverages that were specifically developed for customers in the region.*

Matcha & Espresso Fusion – Matcha powder layered with milk and Starbucks signature Espresso Roast creates a beautiful layered beverage and is an inventive combination of coffee and tea, to be enjoyed hot or iced.

Black Tea with Ruby Grapefruit and Honey – Traditional western black tea combined with tart ruby-red grapefruit, perfectly portioned in honey for a touch of added sweetness. This beverage is served hot, iced and sparkling, where available.

Iced Shaken Green Tea with Aloe and Prickly Pear – The familiar flavor of iced green tea paired with refreshing diced aloe and an exciting new syrup of prickly pear – a cactus plant native to the American Southwest.

Iced Shaken Hibiscus Tea with Pomegranate Pearls – This refreshing beverage combines Starbucks® Teavana™ hibiscus tea and bursting pearls of real pomegranate juice for a tart kick of flavor and is also served sparkling, where available.

Europe, Middle East and Africa

In early July, select Starbucks stores in EMEA introduced Teavana™ iced tea including one flavor available exclusively in the region:

Iced Blackberry Mojito Green Tea Lemonade – A refreshing iced tea blend that combines high-quality green tea with juicy blackberries, sweet raspberries and spearmint.

Citrus Mint Green Tea Latte with Matcha – A smooth and creamy green tea matcha with steamed milk and finished with a lemon sprinkle.

In mid-July, Starbucks unveiled handcrafted Teavana Shaken Iced Teas in more than 600 Starbucks stores across Mexico, Guatemala, Costa Rica, Panama, El Salvador, Aruba, Curaçao, Puerto Rico and the Bahamas. The company began offering hot tea beverages in these locations this fall. In addition to these markets, Chile, Peru, Argentina, Bolivia and Colombia will offer Teavana hot and iced beverages later this year or by early 2017.

Teavana® Iced Strawberry Green Tea Lemonade – This beverage is made with freshly brewed iced Teavana® green tea, which is lightly sweetened with a strawberry sauce, classic syrup and a splash of lemonade.

United States and Canada
Teavana hot brewed teas launched in Starbucks U.S. and Canada stores in January 2015, joining a selection of Shaken Iced Teas the company had offered since 2013. Customers in North America can select from more than 27 different tea beverages, including tea lattes, shaken iced teas and brewed teas.

Teavana® Pumpkin Spice Brûlée Oolong Tea – A balanced swirl of rich pumpkin and flavors of caramel, toffee, butterscotch and creamy vanilla, this rich and smooth cup of tea is a sublime indulgence for the body and mind any time of day

Teavana® Shaken Iced Mango Black Tea Lemonade – Teavana black tea, mango and a hint of sweet passion fruit are shaken with a splash of lemonade to create this all day, every day iced refreshment.

Media contact:

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

Source: Starbucks

###

 

Amazon announces expansion of Handmade at Amazon into Europe

SEATTLE, 2016-Sep-24 — /EPR Retail News/ — Amazon (NASDAQ:AMZN) today (Sep. 22, 2016) announced the expansion of Handmade at Amazon, a store featuring genuinely handmade items crafted and sold directly from European artisans, to its five European local marketplaces. With Handmade at Amazon, customers can discover products from artisans with the familiar Amazon experience they know and trust. Amazon customers in Germany, France, Italy,Spain, the United Kingdom and across Europe can now shop over 30,000 genuinely handcrafted items, with hundreds of new products being added each day, sold directly by European artisans new to the Handmade at Amazon store.

“When we introduce a new business at Amazon we think long-term and globally. Since launch, we’ve received feedback from customers and artisans around the world that they want a Handmade at Amazon store in their local marketplace,” said Steve Johnson, Director at Amazon. “With our focus on genuine handcrafted products, the Handmade at Amazon store has been a big hit with artisans and customers in the U.S. and we’re encouraged by the strong growth of sales and customer traffic. Amazon has become a one-stop shop for holiday gifting, and this year customers will see hundreds of thousands more handmade items, with thousands eligible for Prime two-day shipping.”

Since the launch of Handmade at Amazon in the U.S. less than a year ago, Amazon’s selection of quality handcrafted products has grown over 5x to include more than 500,000 items from all 50 states and over 80 countries around the world. Artisan crafted products are available in ten categories, and over 50 percent of items include options for customer personalization.

In the U.S., Handmade at Amazon has continued to add new features, making shopping for handmade items convenient and easier than ever, including:

  • Connect with the Artisan: Allowing customers to interact directly with artisans to commission products that are completely their own.
  • Martha Stewart American Made store: Featuring local artisans hand selected by Martha Stewart.
  • Made in Italy store: Offering handcrafted items from Italian artisans.

Heading into the Holidays, Handmade at Amazon will release its second annual Holiday Gift Guide, featuring curated lists of artisan-made products for her, for kids, for him, and more. Presented by audience and by price, the gift guide makes finding the perfect handmade gift easier than ever.

All products available on Handmade at Amazon are factory-free and must be made by hand. Handmade at Amazon features a variety of product categories including Accessories, Baby and Toys & Games, Jewelry, Home Décor, Artwork, Stationery and Party Supplies, Kitchen and Dining, and Furniture.

About Amazon

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

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

Source: Amazon.com, Inc.

Chipotle Mexican Grill announces the appointment of Jim Slater as managing director in Europe

DENVER, 2016-Sep-20 — /EPR Retail News/ — Chipotle Mexican Grill (NYSE: CMG) has announced the appointment of Jim Slater as the company’s managing director in Europe. Based in the U.K., Slater has made a career of building successful European brands, including Costa Coffee, Bombay Sapphire Gin, and Sunderland Association Football Club. As managing director at Chipotle, Slater will oversee the strategy, development and growth of Chipotle’s European business.

“Jim not only believes in our commitment to change the way people think about and eat fast food, but he also celebrates our vision of building teams of top performers empowered to achieve high standards,” said Steve Ells, Chipotle founder, chairman, and co-CEO. “We have great confidence in his abilities and expertise, and believe his leadership will help us enhance and grow our business in Europe.”

Slater most recently served as the managing director of Costa Coffee in the U.K. and Ireland, overseeing 2,200 stores and more than a billion dollars in sales. At Costa, he was instrumental in the efforts that resulted in Costa becoming bigger in the U.K. than Starbucks, Nero, Pret a Manger and Eat combined. He and his team won Marketing Society’s “Brand of the Year” award in 2011, and became The Times’ “Brand of the Decade” in 2014. Slater laid a classic blue-chip career foundation with Mars, Kraft and Diageo before joining the soccer team he supported since childhood, Sunderland AFC, as commercial and marketing director in 1998.

“Chipotle’s commitment to better food from ingredients raised and grown with respect for animals, farmers and the environment is consistent with how many Europeans eat and the brand is one that really resonates with customers here,” said Slater. “Looking at the success of Chipotle in the U.S., I know the company has tremendous opportunity in Europe and I look forward to continuing to develop the Chipotle brand in these markets.”

ABOUT CHIPOTLE
Steve Ells, founder, chairman and co-CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through our vision of Food With Integrity, Chipotle is seeking better food from using ingredients that are not only fresh, but that — where possible — are sustainably grown and raised responsibly with respect for the animals, the land and the farmers who produce the food. In order to achieve this vision, we focus on building a special people culture that is centered on creating teams of top performers empowered to achieve high standards. This people culture not only leads to a better dining experience for our customers, it also allows us to develop future leaders from within. Chipotle opened with a single restaurant in 1993 and operates more than 2,000 restaurants, including 24 Chipotle restaurants outside the US and 14 ShopHouse Southeast Asian Kitchen restaurants, and is an investor in an entity that owns and operates four Pizzeria Locale restaurants. For more information, visit Chipotle.com.

Contact:

Chris Arnold
303.222.5912
carnold@chipotle.com

SOURCE: Chipotle

Research: NCR Corporation leads Europe in self-checkout (SCO) technology

DULUTH, Ga., 2016-Aug-18 — /EPR Retail News/ — NCR Corporation (NCR) leads Europe in self-checkout (SCO) technology, according to research published by strategic research and consulting firm RBR. NCR, a global leader in omni-channel solutions, continues to lead in the shipments of SCO across key markets within the region including the United Kingdom, Italy, Spain and Russia.  NCR also holds the top position in SCO shipments in all global regions tracked by RBR.

According to RBR’s “Global EPOS and Self-Checkout 2016” report, NCR also saw an increase in its shipments of electronic point-of-sale (EPOS) technology – and holds the #2 position worldwide.

The European retail customer is changing – they expect choice, they’re always connected and they want to define their own shopping journey. Leading retailers are looking to enable digital engagement and offer flexible shopping options, including self-checkout, to meet customer demands and sustain a positive brand value.

“NCR’s Retail technology helps retailers transform their business and redefine the customer experience,” said Michael Bayer, president, NCR Retail Solutions. “Through our store transformation solutions we help retailers reimagine the store as the hub of the shopping experience and deliver rich, frictionless and personalized services across every channel.”

RBR expects SCO shipments to grow across all of Europe through 2021, while EPOS will see its growth come from Central & Eastern European markets.

The study is based on in-depth primary research with retail technology vendors throughout 53 countries, and it was complemented with extensive secondary research.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.

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

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

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

Tim Henschel
NCR Public Relations
770.299.5100
tim.henschel@ncr.com

Source: NCR Corporation

Hudson’s Bay Company’s Saks Fifth Avenue OFF 5TH enters Europe with the announcement of first five stores in Germany

TORONTO, NEW YORK and COLOGNE, 2016-Jul-04 — /EPR Retail News/ —Hudson’s Bay Company (“HBC” or the “Company”) (TSX: HBC) today announced the first five locations for its premium off-price banner Saks Fifth Avenue OFF 5TH in Germany. The introduction of Saks OFF 5TH in the European market will launch with a flagship store in Düsseldorf, with further stores in prime city center locations in Frankfurt, Stuttgart, Heidelberg and Wiesbaden. The stores are currently expected to open during the summer 2017.

Jerry Storch, HBC’s Chief Executive Officer, stated “We see great opportunities for the premium off-price shopping experience offered by Saks OFF 5TH as a new concept in the retail market. Saks OFF 5TH will complement our existing German department store banners and will further accelerate the growth of HBC Europe. We are confident that the introduction of Saks OFF 5TH will resonate with German consumers and enhance the shopping experience within these city centers by introducing an exciting new retail format.”

The Carsch-Haus in Düsseldorf, an established fashion destination, will be the first to open and become Saks OFF 5TH’s flagship store in Germany. For the Saks OFF 5TH locations in Frankfurt, Stuttgart, Heidelberg and Wiesbaden, HBC will convert stores currently operating under the Sportarena banner, making significant investments during the process. GALERIA Kaufhof will continue to offer sports equipment as part of its merchandise assortment.

All employees of Carsch-Haus and Sportarena will receive a job guarantee for equivalent positions within either Saks OFF 5TH in Germany or GALERIA Kaufhof. The European business of Saks OFF 5TH will be managed out of Cologne.

Wayne Drummond has been named General Manager of Saks OFF 5TH Europe. Mr. Drummond, who has almost 30 years of experience in the department store sector, was previously responsible for numerous categories within HBC’s North American Department Store Group (DSG), including men’s, kids, women’s and Topshop/Topman product assortments. Berna Bartosch joins the team as Chief Merchandise Officer of Saks OFF 5TH in Europe. The former TJX Europe (TK Maxx) purchaser brings extensive merchandising expertise and will lead the Company’s merchandise strategy. The management will report to Don Watros, President of HBC International and Head of the Supervisory Board of GALERIA Kaufhof.

Over time, HBC plans to open up to 40 Saks OFF 5TH stores in Germany. The Company is also preparing to introduce the banner into the Netherlands in 2017. Saks OFF 5TH features an impressive selection of designer fashion, accessories, and footwear for men and women, along with home merchandise, boasting in-season and on-trend offerings from more than 800 leading designer brands at incredible prices. Saks OFF 5TH operates more than 100 stores in the United States and Canada, and saksoff5th.com. In 2015,15 new Saks OFF 5TH stores were opened in North America.

About Hudson’s Bay Company

Hudson’s Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their allchannel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes ten banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with more than 460 stores and 66,000 employees around the world.

In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, and Belgium’s only department store group Galeria INNO.

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

Forward-Looking Statements

Certain statements made in this news release constitute forward-looking statements within the meaning of applicable securities laws, including, without limitation, statements regarding the Company’s plans to open up to 40 Saks OFF 5TH stores in Germany, the Company’s expectation that the first five stores will open in the summer 2017, the benefits that are expected to result from the expansion of the OFF 5TH banner into Germany and the expectation that all employees will receive a job guarantee. Often but not always, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “believe”, “estimate”, “plan”, “could”, “should”, “would”, “outlook”, “forecast”, “anticipate”, “foresee”, “continue” or the negative of these terms or variations of them or similar terminology.

Although HBC believes that the forward-looking statements in this news release are based on information and assumptions that are current, reasonable and complete, these statements are by their nature subject to a number of factors and risks that could cause actual results to differ materially from management’s expectations and plans as set forth in such forward-looking statements for a variety of reasons. Some of the factors and risks – many of which are beyond HBC’s control and the effects of which can be difficult to predict – include, among others – (a) the risk that HBC is unable to open up to 40 Saks OFF 5TH locations in Germany, (b) the risk that the expansion requires capital expenditures in excess of those currently anticipated, (c) the risk of introducing new brands into new markets and of doing business abroad, (d) the risk that the anticipated benefits from the expansion cannot be realized, (e) credit, market, currency, operational, liquidity and funding risks generally, including changes in economic and geopolitical conditions, interest rates or tax rates, and (f) risks and uncertainties relating to information management, technology, supply chain, product safety, changes in law, competition, seasonality, commodity price and business.

HBC cautions that the foregoing list of important factors and assumptions is not exhaustive and other factors could also adversely affect its results. For more information on the risks, uncertainties and assumptions that could cause HBC’s actual results to differ from current expectations, please refer to the “Risk Factors” section of HBC’s Annual Information Form dated April 28, 2016, as well as HBC’s other public filings, available at www.sedar.com and at www.hbc.com.

The forward-looking statements contained in this news release describe HBC’s expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable Canadian securities laws, HBC does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

MEDIA CONTACT:

Andrew Blecher
Hudson’s Bay Company
Phone: (212) 391-3179
Email: Andrew.blecher@hbc.com

FOR THE GERMAN MEDIA:

Dirk von Manikowsky
Hering Schuppener Consulting
Phone: +49 211 430 79-265
Email: hbc@heringschuppener.com

Gerd Koslowski
HBC Europe / GALERIA Kaufhof
Phone: +49 (221) 2235595
Email: gerd.koslowski@kaufhof.de

Source: HBC