SPAR Netherlands opens a SPAR City store and two new SPAR Express stores

Netherlands, 2017-Nov-29 — /EPR Retail News/ — SPAR Netherlands recently opened three new stores of two different formats — a SPAR City store and two new SPAR Express stores — one of which is the first SPAR Express store to open along a highway.

Rollout of SPAR Express stores

The two new SPAR Express stores, one in Tilburg and the other in Heemskerk, were opened at the beginning of November and bring a new convenience offering to these two Dutch towns located in the South and North of the country respectively.

The SPAR Express format was introduced to the Netherlands at the beginning of 2017 in partnership with the EG Group, the operating company of Texaco service stations. After three successful pilots on non highway locations, two other SPAR convenience stores have been added. These two stores are high traffic locations and Heemskerk is the first one to open along a main highway.

The product range at both stores focuses on grab-and-go items complemented by sandwiches, meals, salads and soups for take-away. The instore offering was decided on based on learnings from other SPAR countries where the format has been a great success.

Second SPAR City store in Breda

After the successful launch of the first SPAR City store in Breda in August 2016, a second store has now opened. SPAR City stores offer an extensive range of fresh and convenience products including freshly prepared baguettes, sandwiches, fruit salads, croissants, fresh juices and coffee – all available for eating in or taking away. The shop in Breda also boasts an extensive selection of meal deals for a quick breakfast, healthy lunch or easy dinner.

SPAR sees room for more than 100 SPAR City stores in the Netherlands. The first City store was opened in October 2010 in Rotterdam and it’s anticipated that by the end of 2017, the milestone of 50 SPAR City stores will be reached.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

ABOUT YOU digital fashion shop launches in the Netherlands

Hamburg, 2017-Oct-11 — /EPR Retail News/ — Around 60% of the Dutch population purchases clothing online, and starting on the 10th of October 2017, it will be even more fun and convenient for them to shop online, with the launch of the digital fashion shop ABOUT YOU in the Netherlands.

ABOUT YOU offers more than 50,000 items by more than 500 brands, including Scotch & Soda, Zoe Karssen, Nike, Diesel, Pepe, Levi’s, Kings of Indigo, Selected Femme and Dr. Martens. Popular Dutch influencers such as Gregory van der Wiel and Claartje Rose also provide inspiration on how to combine the items together. The app technology provides users with a complete shop experience, with a priority on personalization. For example, when the user logs in, their name is added to the logo on the homepage as a personal greeting, and he or she receives custom-tailored suggestions for fashion items based on his or her previous purchases. The app also customizes the newsletter and feed to suit the client’s individual preferences. The related Instagram account with brandtags makes it even easier to shop directly.

ABOUT YOU was created by Otto Group strategist Hannes Wiese (36) and digital entrepreneurs Sebastian Betz (27) and Tarek Mueller (28) in May 2014. Their vision: online shopping should be fun and inspiring, and more than just clicking an item into a shopping cart. ABOUT YOU is the first fashion app that knows exactly what the customer wants and transfers the inspirational window-shopping experience to the ecommerce. The user-friendly shopping app with the pay-off “We love how you express yourself” offers a complete online shop experience for the 20-40 demographic, of which 70 percent are users of mobile devices.

In just three years’ time, the company has grown to become Germany’s second largest online clothing retailer, and it has since released versions for Austria, Switzerland and Belgium, in addition to the Netherlands. A further expansion to Eastern Europe is planned for 2018 as well. With a projected revenue of € 275 million in 2017 and a growth rate of over 100 per cent, the company is one of the fastest- growing ecommerce startups in Europe.

“The Netherlands is an exciting step for ABOUT YOU, because the Dutch have a great sense of style, but the market doesn’t have a shop like this yet. A platform where you can not only shop, but that also offers an experience based on your personal preferences. We look forward to working together with Dutch influencers and the continuing growth of ABOUT YOU”, says Tarek Mueller, co-founder and Managing Director.

About ABOUT YOU

ABOUT YOU GmbH is a subsidiary of Collins GmbH & Co. KG, a part of the Otto Group of companies. In 2014, Exciting Commerce named the firm its Startup of the Year. ABOUT YOU has also received the Internet World Business ‘Best Online-Pure Player’ award in 2015 and 2017, the ‘Shop Usability Award 2015’ and the prestigious Deutscher Handelspreis 2015 in the category ‘innovation’. With an expected revenue of € 275 million in 2017 and a growth rate of over 100 per cent, ABOUT YOU is one of Europe’s fastest-growing e-commerce startups.

Media Contact:

ABOUT YOU GmbH
Muschda Sherzada-Rohs
Domstraße 10
20095 Hamburg
Phone: +49 40 638 569 212
Mail: muschda.sherzada@aboutyou.de

Press Contact Holland
ICONIC STUDIOS Passeerdersgracht 17A
1016 XG Amsterdam
Phone: +31 20 354 71 15
Mail: Omyra@iconicstudios.amsterdam

Source: OTTO Group

SPAR celebrates 85th anniversary in the Netherlands

Netherlands, 2017-Aug-02 — /EPR Retail News/ — This year, SPAR celebrates its 85th anniversary. In the Netherlands, where the brand was founded back in 1932, this is being celebrated with a new brand building campaign and a new e-commerce platform.

At a store level, the campaign is being carried out with an updated look-and-feel for the SPAR Neighbourhood, SPAR City and SPAR Express store formats, and is summed up with a new slogan: “You can find it at SPAR”, which focuses on the shopping missions of customers seeking different meal solutions at different times of the day.

In recent years, SPAR Netherlands has seen a steep increase in online shopping with over 130 online stores now in operation across the country. Keeping things fresh and on-trend, its new e-commerce platform, which has an updated design, is faster and more user-friendly. The platform’s product range matches the assortment at store level and with additional product information and many delicious recipes, it is now easier for customers to order their groceries online.

A big focus of the new platform is convenience. Customers can easily re-order their groceries by using the shopping list function or simply adding a previous order to their online basket with a single click. In addition, it is now possible to add several delivery addresses to one account – a useful feature for healthcare centres and businesses.

In line with the growing consumer demand for “everyday convenience”, SPAR has introduced a range of services such as delivery right to your kitchen, same day delivery (if ordered before 10 a.m.), and the option of having a regular delivery person to foster a feeling of trust. Online orders are processed by the local store chosen by the customer. This direct link guarantees personal contact, even when ordering online. Later this year, SPAR Netherlands plans to roll out a sandwich ordering service and an online payment facility (iDeal online banking).

A further development by the business has been the introduction of Longer and Heavier Vehicles (LHVs) to help expand its delivery area. The new vehicles can carry more cargo and reach further distances more efficiently. Another big advantage of the LHVs is that they use about 30% less fuel than traditional, Large Goods Vehicles (LGVs) – resulting in less CO2 emissions. In keeping with the new brand-building campaign, the new LHVs are branded with the new style SPAR communications.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

Alex van Groningen BV awards Ahold Delhaize’s Jeff Carr 2017 CFO of the Year in the Netherlands

Alex van Groningen BV awards Ahold Delhaize’s Jeff Carr 2017 CFO of the Year in the Netherlands

 

Zaandam, the Netherlands, 2017-Jun-02 — /EPR Retail News/ — Ahold Delhaize Chief Financial Officer Jeff Carr has been named the CFO of the Year in the Netherlands for 2017 by Alex van Groningen BV, a financial consulting firm. The award, determined by a jury of industry experts, was announced on June 1 during CFO Day 2017 (article in Dutch), a conference attended by more than 500 finance professionals throughout the Netherlands.

The award is sponsored by the firm Alex van Groningen BV and recognizes CFOs who have had a significant impact on their company’s performance and culture. Jeff, one of five finalists of 15 candidates selected by the editors of CFO Magazine, was nominated for his commitment to growth, his support of digitalization at Ahold Delhaize, and the confidence he and his financial strategy have earned from investors and inside the organization.

“I’m delighted for the whole finance community at Ahold Delhaize,” Jeff said as he accepted the award from Alex van Groningen BV, which created the CFO honor in 2002.

Jeff noted that the merger of Ahold and Delhaize Group was a remarkable journey. “To win this award is a recognition not so much of me but of the great work that’s been done over this period,” he said. “It’s a great achievement for the team.”

Contact:

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

Source: Ahold Delhaize

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

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

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

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

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

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

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

About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Contact:

Intershop Public Relations
HEIDE RAUSCH
Head of Corporate Communication
Phone: +49 3641 50-1000
Fax: +49 3641 50-1309

Source: Intershop Communications AG

Givenchy celebrates designer Hubert de Givenchy and his friendship with Audrey Hepburn thru an exhibition in The Hague, Netherlands

Givenchy celebrates designer Hubert de Givenchy and his friendship with Audrey Hepburn thru an exhibition in The Hague, Netherlands

 

Paris, 2017-Feb-23 — /EPR Retail News/ — When he retired in 1995, Hubert de Givenchy left the House an incredibly rich heritage. His impeccably preserved creations are currently featured in an exhibition entitled “Hubert de Givenchy: To Audrey With Love” in The Hague, Netherlands. The exhibition pays homage to his close friend and muse, the British actress Audrey Hepburn.

After 43 years of designing exquisite haute couture, womenswear and menswear clothes, Hubert de Givenchy retired in 1995, leaving an exceptional heritage. In  March 2016, Givenchy set up a special conservation department to preserve and showcase this exceptional heritage. This initiative has enabled impeccable preservation in the Givenchy heritage archives of numerous clothes and accessories designed between 1952 and 1995. They include emblematic pieces that belonged to faithful friends of Monsieur de Givenchy such as Audrey Hepburn, Jackie Kennedy and the Duchess of Windsor.

The exhibition “Hubert de Givenchy: To Audrey With Love” currently on show at the Gemeentemuseum in The Hague pays homage to the designer and his unique friendship with Audrey Hepburn. Maison Givenchy has loaned nearly 50 haute couture creations along with a hundred accessories. Hubert de Givenchy’s creations are also featured in excerpts from renowned movies in which Audrey Hepburn wore them, including Sabrina, How to Steal a Millionand Breakfast at Tiffany’s.

The exhibition runs until March 26th in The Hague before being adapted for venues in Switzerland and Calais:

– “Audrey Hepburn & Hubert de Givenchy, an Elegant Friendship” at the  Fondation Bolle in Morges, Switzerland from May 19 – September 17, 2017.

– “Hubert de Givenchy” at the Cité Internationale de la Dentelle et de la Mode in Calais, France, from June 15 – December 31, 2017.

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

Source: LVMH

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SPAR Netherlands inaugurates its first SPAR Express store located in Geertruidenberg

Netherlands, 2017-Feb-09 — /EPR Retail News/ — SPAR Netherlands has achieved another great milestone with the opening of its first SPAR Express forecourt store located in Geertruidenberg, in the province of North Brabant. The launch of additional SPAR Express stores is now in the planning.

To develop its network of SPAR Express forecourt stores, SPAR Netherlands has entered into an agreement with EFR, the operating company of Texaco service stations. The SPAR Express format has been in operation in a number of other SPAR countries for many years now. While suitable for a variety of high-footfall locations like railway stations, airports and city centres, for the time being SPAR Netherlands has chosen to only develop the SPAR Express format at service stations.

Following the launch of the Geertruidenberg forecourt store two additional SPAR Express stores were opened recently in the Netherlands, one in The Hague and another in Amstelveen, close to Amsterdam. Both store openings were celebrated with a festive opening ceremony and promotional campaigns, including discount coupons for residents and local companies. Two more SPAR Express stores will soon be opened in Arnhem and Wateringen.

The new forecourt stores will add to the existing SPAR City store developments in the country, which also focus on the combination of convenient, Food-to-Go products with daily grocery ranges.

The product range for each store will be adapted to the location and needs of local residents. Each store’s range will also feature car related products such as engine oil and washer fluid. “The new SPAR Express stores are going to be grocery stores where you can also fill up the car and not the other way round”, said SPAR Netherlands Commercial Director, Susanne Kroon.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

Foodstuffs North Island Ltd welcomes 20 Dutch companies on Trade Mission from the Netherlands to New Zealand

Auckland, New Zealand, 2016-Nov-09 — /EPR Retail News/ — On Tuesday the 8th of November, Foodstuffs North Island Ltd welcomes 20 innovative Dutch companies from horticultural and agricultural sectors, on a Trade Mission from the Netherlands to New Zealand.

The trade delegation is headed by Dutch Minister of Economic Affairs, Minister Kamp. The trip is taking place parallel to the state visit by Their Majesties King Willem-Alexander and Queen Maxima. New Zealand and the Netherlands are like minded international partners and business cooperation is very successful. We share a number of similar values including freedom, democracy and human rights. We also face similar challenges such as urbanisation and sustainability.

The strong ties between the countries are greatly attributed to the fact that today there is a large community of around 150,000 Kiwis with Dutch roots living in New Zealand.This mission provides great opportunities for the businesses involved as they engage in exploring New Zealand innovation while sharing ideas and building relationships. The companies can gain international knowledge and explore finding solutions for New Zealand’s and the Netherlands’ economic, social and environmental challenges.

Vaughan Grant, General Manager Supply Chain, Foodstuffs North Island says the Netherlands has an excellent relationship with New Zealand and Foodstuffs is pleased to host the delegation and strengthen the partnership.

“As New Zealand’s largest grocery distributer, by serving over 1.30 million New Zealanders every week we are an integral part of many communities. We are pleased to have an opportunity to host the Netherlands delegation to share knowledge on how to provide the best service to our customers.”

Arthur Huijser, Economic and Public Diplomacy Officer at the Embassy of the Netherlands, says he is thrilled the delegation will be exposed to New Zealand’s most promising sectors, he sees this is an opportunity to further strengthen relationships and meet future business partners.

“This mission is a collaborative approach to make connections and share expertise. We feel privileged to gain insights into the Foodstuffs Co-operative and gain a better understanding of the New Zealand grocery market” says Huijser.

Contact:

Tel: +64 4 472 6435
Fax: +64 4 472 6412

Source: Foodstuff

SPAR expands portfolio in Netherlands with the opening of three new stores

Continuing to support independent retailers with innovative and modern retailing expertise, SPAR has increased its portfolio by another three stores.

AMSTERDAM, The Netherlands, 2016-Nov-08 — /EPR Retail News/ — A new SPAR Neighbourhood store has opened in Rijswijk, Noord Brabant, following the closure in June of the only supermarket in town. Dinand Kraaij, a 37-year old retailer, is the new SPAR store owner. He is a former employee of the local supermarket and knows many of the customers and their needs.

The residents of Rijswijk are delighted with the new SPAR store, as due to the closure of the local supermarket, they had to travel long distances to do their shopping.

The newly designed SPAR store offers much more than just groceries. With additional services of online shopping, home delivery and an instore wine and spirits department, both the supermarket and the SPAR Retailer are an integral part of the community.

Nagele

The village of Nagele, in the Dutch province of Flevoland, has welcomed a new SPAR store. Young retailer, Auke van Slooten (25), lives in the neighbouring village of Urk and comes from a family of entrepreneurs. Auke is familiar with the local customs, speaks the dialect of the region and knows many people in Nagele as many of the residents originally come from Urk. The store has been fully renovated and modernised, bringing residents an entirely new shopping experience.

“The people from Nagele are very impressed when entering the new SPAR store,” said Sjaak Kranendonk, Managing Director of SPAR Netherlands. “We’re pleased to be working with local retailers like Auke to bring the brand to an ever-growing number of shoppers across the country.”

Sterksel

Sterksel is a small village in the south of the Netherlands, near the city of Eindhoven. After the local neighbourhood store was closed in 2004, several residents established a cooperative to retain a shopping facility in the village. It was finally agreed that the SPAR Brand was the right fit for the community and so the cooperative and Store Manager, Wesley Beelen, set about converting the store to a modern SPAR Supermarket. The result is an attractive neighbourhood store with extensive choice, a new bakery section and great service, fulfilling the convenience needs of the local residents.

Contact:

SPAR International
Email: info@spar-international.com
Tel: +3120 626 6749

Source: Spar International

Netherlands: Ah.nl renovated and expanded its Home Shop Center in De Meern

Zaandam, the Netherlands, 2016-Sep-06 — /EPR Retail News/ — Ah.nl has renovated and expanded one of its national distribution facilities, the Home Shop Center (HSC) in De Meern, doubling its floor space so it can soon double the number of orders that can be processed here. The expansion included the addition of an adjacent building and the construction of a new production hall in the 10,800 square meter property. In addition, they installed a new 3,000 square meter cold storage area, to make it possible to expand their fresh range. The De Meern HSC employs over 500 associates, and the expansion creates employment opportunities for approximately 200 more people.

Patrick Daniels, Sr. Director Operations AH Online said, “The number of customers doing online grocery shopping with ah.nl continues to grow. The expansion of the Home Shop Center in De Meern means we will be able to deliver around 25,000 more orders to customers per week.” The renovated HSC was officially opened on Sunday.

Media Contact:

Email: media.relations@aholddelhaize.com
Phone: +31 88 659 9111

Source: Ahold Delhaize

Management team appointed for the expansion of HBC Europe into the Netherlands

TORONTO & COLOGNE, 2016-Jul-17 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or “Company”) is pleased to announce the appointment of its management team for the expansion of HBC Europe into the Netherlands. The appointed managers are well acquainted with the Dutch market and its customers and bring with them a wealth of experience from the department store sector in the Netherlands.

In May, HBC announced that it intends to enter the Netherlands with up to 20 new stores over the next two years. With the department store Hudson’s Bay and the premium off-price format Saks OFF 5TH, HBC’s expansion into the Netherlands introduces two new exciting retail concepts to the Dutch market. The Company is leveraging the existing European business infrastructure which is located with its headquarters in Cologne. The Dutch team will report to Olivier Van den Bossche, Head of HBC’s European department store business.

Olivier Van den Bossche stated:
“Opening 20 stores for two banners in two years requires a strong team with thorough knowledge of the local market. We are very excited about the composition of our team in the Netherlands. They all have excellent and complementary department store know-how with different backgrounds, and are well known in the Dutch market. We are very proud that we were able to assemble this experienced team for HBC.”

Mr. Jacco Van der Steen will be Director Marketing and Buying at Hudson’s Bay in the Netherlands. In addition, he will be leading the management team. Jacco Van der Steen has worked for many years at the high-end department store chain De Bijenkorf in the Netherlands. As Director Marketing and Buying he is also responsible for the Belgium sister company Galeria Inno.

Mr. Edwin Boer will be Director Store Operations at Hudson’s Bay in the Netherlands. He worked for more than ten years at De Bijenkorf in the Netherlands and most recently at the Dutch department store group HEMA.

Mrs. Kirsten Nijmeijer will be Director Human Resources at Hudson’s Bay in the Netherlands. She has worked for many years as HR Manager for MEXX Europe and for fashion companies like PVH Europe (Calvin Klein and Tommy Hilfiger) and WE Fashion in Utrecht.

Mrs. Elly Zwinnen is Regional Sales Manager of Galeria Inno. She will take on the project management for Hudson’s Bay in the Netherlands.

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 all channel 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, Belgium’s only department store group Galeria INNO, as well as Sportarena. 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.

MEDIA CONTACTS:

Citigate First Financial
Marieke Heringa
+31-6-11327533
marieke.heringa@citigateff.nl

Ingrid Prins
+31-6-51592484
ingrid.prins@citigateff.nl

Hudson’s Bay Company
Andrew Blecher
+1-212-391-3179
andrew.blecher@hbc.com

Gerd Koslowski
+49-(0)221-223-5595
gerd.koslowski@kaufhof.de

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Management team appointed for the expansion of HBC Europe into the Netherlands
Management team appointed for the expansion of HBC Europe into the Netherlands

 

Source: HBC

Hudson’s Bay Company finalized leases for seven new store locations in the Netherlands

TORONTO en AMSTERDAM, 2016-Jul-13 — /EPR Retail News/ — Hudson’s Bay Company (“HBC” or the “Company”) (TSX: HBC) is pleased to announce that it has finalized leases for seven new store locations in the Netherlands, in addition to the four locations previously announced. In aggregate, the lease agreements total approximately 141,800 m2 (1,526,000 sq. ft.) and include 10 Hudson’s Bay and a Saks OFF 5TH store in major markets. As previously announced by the Company, HBC intends to enter the Netherlands with up to 20 new stores over the next 2 years. HBC’s expansion into the Netherlands introduces two new exciting retail concepts to the Dutch market while leveraging the Company’s existing European business infrastructure.

Richard Baker, Governor and Executive Chairman of HBC, stated:
“We are very excited to announce these new locations in prime markets in the Netherlands for our Hudson’s Bay banner. The speed with which the leases are being agreed upon underscores the mutual willingness of the landlords, municipalities and HBC team to open the first stores, which we expect to occur in Q3 of 2017. In addition to bringing our exciting retail experiences to the Dutch customers, our entry will also create 2,500 store jobs and 2,500 construction jobs in the market. We look forward to announcing additional stores as we secure new locations.”

Jerry Storch, HBC’s Chief Executive Officer, commented:
“Combining exciting retail destinations with a best in class ecommerce platform is our main focus as we expand into the Netherlands. Our all-channel model will allow our customers to shop whenever, wherever and however they want. This, in combination with overall operational efficiencies and implementing best practices from our existing banners, will deliver a new, exciting experience for Dutch consumers. We are also making good progress on establishing our management structure and have already hired a number of very experienced Dutch executives into senior management positions.”

The Company expects to open Hudson’s Bay stores in the following locations:
HBC reached three lease agreements with a.s.r. Real Estate Investment Management for Utrechtsestraat 25-37 in Amersfoort, Grote Houtstraat 70 in Haarlem and Aalmarkt 22 in Leiden

Amersfoort, Utrechtsestraat 25-37
Amersfoort has an attractive historic center with a vast variety of shops. Built in 1934, the building has spectacular glass work in the ceiling and an impressive staircase, with entrances from the Utrechtsestraat and the Sint Jorisplein. It is located on the prime shopping street in Amersfoort. The Sint Jorisplein is an important access point with a parking garage of around 460 spaces. The building will be fully renovated before Hudson’s Bay opens its 11,000 m2 (118,000 sq. ft.) store for the people in Amersfoort and surroundings.

Haarlem, Grote Houtstraat 70
Haarlem is a well-known shopping and residential destination adjacent to Amsterdam, with a young and vibrant bar and restaurant scene. The historic department store of approximately 17,000 m2 (183,000 sq. ft.) is centrally located on the Grote Houtstraat, close to Gedempte Oude Gracht and the Gierstraat. The building will be renovated and transformed into a modern and attractive Hudson’s Bay.

Leiden, Aalmarkt 22
This monumental 12,500 m2 (135,000 sq. ft.) department store, located in the city center between the Aalmarkt street and the Breestraat, was built in 1930 and was completely renovated in 2014. Hudson’s Bay is an ideal anchor tenant to elevate the retail mix of the area. The basement includes a bike storage for 880 bicycles and can be used free of charge by the people of Leiden. The adjacent retail project Catharinasteeg will be completed in 2017.

Edwin van de Woestijne of a.s.r. REIM
“We are delighted with this innovative player in the Dutch retail market and we are looking forward to working together to improve the shopping landscape of Amersfoort, Haarlem and Leiden. Hudson’s Bay’s decision to enter a long-term commitment with a.s.r. demonstrates that our properties are in the right locations and that we are a strong retail partner.”

The Hague (Den Haag), Grote Marktstraat 48-50, Spuistraat 3-5
The building, owned by IEFC Berlage, is located in the heart of the prime shopping area in The Hague with entrances from the Grote Marktstraat and the Spuistraat. The building is undergoing a full renovation by IEF Capital, after which it will consist of five retail stores. Hudson’s Bay, with a store of 18,500 m2 (199,000 sq. ft.) will be the largest tenant.

Nechemja de Bruijn of IEF Capital stated:
“We see HBC’s entrance in the Dutch retail market as another confirmation that the prime locations in the Dutch cities are getting more and more popular, on par with many of the big cities in the world. We cordially welcome HBC to our retail complex in the vibrant heart of The Hague and look forward to the opening of the Hudson’s Bay store.”

Den Bosch, Schapenmarkt 2-4
The Company reached a lease agreement with Metroprop for Schapenmarkt 2-4 in Den Bosch. Den Bosch is a thriving city in the south of the Netherlands. The inner-city retail structure is a protected townscape and its heritage makes it an appealing and popular shopping destination. The building is a listed historical monument, curved along the shape of the street, and is located next to City Hall with a beautiful view from the top on the Sint-Jans Cathedral. The building will be transformed into a 9,300 m2 (100,000 sq. ft.) Hudson’s Bay store with direct access to the main shopping streets of Den Bosch.

Jos van de Mortel from Metroprop stated:
“We are very pleased that HBC has chosen this unique building for a Hudson’s Bay store in the Netherlands. The location has a rich history and is located in the city centre of Den Bosch. We are convinced that Hudson’s Bay is the perfect concept to enhance the historic attraction of Den Bosch.”The Company has also reached long-term lease agreements with CBRE Global Investors for Pensmarkt 8 in Den Bosch and Nieuwstraat 51-53 / Spiegelstraat 17 in Zwolle.

Den Bosch, Pensmarkt 8
The Pensmarkt is centrally located in the middle of the historical inner-city of Den Bosch across the Schapenmarkt, this unit of 1,600 m2 (17,000 sq. ft) will be part of the Hudson’s Bay at the Schapenmarkt. This is a true prime location which reflects HBC’s strategy to establish itself in key, high-traffic retail areas.

Zwolle, Nieuwstraat 51-53 / Spiegelstraat 17
Zwolle is a historic city located in the province of Overijssel. The availability of retail space in the dense city centre is scarce. Zwolle is expecting the arrival of a number of large international retailers in the next eighteen months which will make it even more attractive for customers. The arrival of the 12,000 m2 (129,000 sq. ft.) Hudson’s Bay store will further improve the success of Zwolle as shopping destination within the province of Overijssel.

Rik Eertink from CBRE Global Investors stated:
“Hudson’s Bay Company’s new department store format Hudson’s Bay is a unique long-term solution for respectively our prime inner-city locations in Zwolle and Den Bosch. The market entry of the Hudson’s Bay Company will positively shape the retail landscape in the Netherlands. I am very excited to welcome them as a tenant in our buildings and look forward to working together to make the banner a success in the Netherlands.”

Enschede, H.J. van Heekplein 85
The future 9,900 m2 (107,000 sq. ft.) Hudson’s Bay store will be located in the shopping heart of Enschede at the H.J. van Heekplein (H.J. van Heek plaza). Many national and international shopping chains are located in this popular area. Additionally, the ample parking facility under the plaza makes it the most important access point for shoppers. The property manager, Syntrus Achmea Real Estate & Finance, will refurbish the building to accommodate Hudsons’s Bay exciting store format.

Rene Vierkant of Syntrus Achmea Real Estate & Finance stated:
We are delighted with HBC as our new tenant in Enschede. We believe that a Hudson’s Bay department store will add something new and exciting in the local retail market. We are committed to the longevity and success of HBC in Enschede and are convinced that this is an ideal location as they look for key markets for their entry into the country.”

Over 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 all channel 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, Belgium’s only department store group Galeria INNO, as well as Sport arena. 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 expand its European presence to the Netherlands by opening up to 20 stores over the next 24 months, the Company’s expectation that such stores will launch in the summer 2017 and operate under the Hudson’s Bay and Saks OFF 5TH banners, long term leases for up to 20 store locations will be finalized in the near future, and the benefits that are expected to result from the expansion into the Netherlands, including the creation of new jobs. 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 finalize long term leases for up to 20 locations in the Netherlands, (b) the risk that the expansion into the Netherlands requires capital expenditures in excess of those currently anticipated and/or more than 24 months to complete, (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 into the Netherlands 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 CONTACTS:

Citigate First Financial
Marieke Heringa
+31-6-11327533
marieke.heringa@citigateff.nl

Ingrid Prins
+31-6-51592484
ingrid.prins@citigateff.nl

Hudson’s Bay Company
Andrew Blecher
+1-212-391-3179
andrew.blecher@hbc.com

Gerd Koslowski
+49-(0)221-223-5595
gerd.koslowski@kaufhof.de

Source: HBC

MANGO opens new 1000 m2 store in Amsterdam

  • The brand now has 38 retail outlets in the Netherlands with this new 1000 m2 store

Barcelona, 2016-Apr-06 — /EPR Retail News/ — MANGO is consolidating its presence in the Netherlands with the opening of a new store last Friday. The Dutch capital is the location for a new 1000 m2 store distributed on two floors, making it the sixth MANGO megastore in the country.

The store, located in Gelderlandplein, one of the most luxurious shopping centres in Amsterdam, will stock the woman’s (MANGO), men’s (MANGO Man) and children’s (MANGO Kids) lines and is now the 38th MANGO store in the country, since the brand first arrived in the Netherlands in 1997.

In addition to Amsterdam, other Dutch cities such as Eindhoven, Maastricht, Rotterdam, The Hague and Enschede already have megastores, taking the total number of this type of store in the country to 6. First implemented worldwide in late 2013, the megastore concept is based on stores with a selling space of between 800 and 3000 m2 that stock all or most of the group’s lines. The firm now has over 150 stores of this type worldwide. MANGO has transformed 30% of its store chain into megastores during the last three years.

MANGO opened its first store on Barcelona’s Passeig de Gràcia in 1984, and now has over 2700 stores in 109 countries. MANGO closed the 2014 financial year with a Consolidated Group turnover for the MANGO-MNG Holding of 2.017 billion euros, representing a 9% increase on 2013.

CONTACTS
PR INTERNATIONAL
PR
Spain
press@mango.com
T. +34 938 602 222

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MANGO opens new 1000 m2 store in Amsterdam