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

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

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

Contact:

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

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

SOURCE: Stanley Black & Decker

Gap Inc. announces the appointment of Mark Breitbard as president and CEO of Banana Republic

SAN FRANCISCO, 2017-Mar-17 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today (March 14, 2017) announced the appointment of Mark Breitbard as president and chief executive officer of Banana Republic. Breitbard will report to Art Peck, president and chief executive officer of Gap Inc., and will serve on the company’s senior leadership team. Peck will continue to directly oversee Banana Republic until Breitbard joins the company in early May.

“Mark brings significant retail leadership experience to Gap Inc., along with deep knowledge of the company and our customer,” said Peck. “We know what Banana Republic is capable of, and Mark’s ability to drive transformation and innovation will help revitalize the brand and position it to achieve its long-term potential.”

“I believe there’s tremendous opportunity for Banana Republic to differentiate itself with optimized product and customer experiences,” said Breitbard.  “I’m looking forward to working with the Banana Republic team to build the brand for the future.”

Most recently, Breitbard served as chief executive officer at The Gymboree Corporation from 2013 until early 2017. From 2010 to 2013, Breitbard held leadership positions across Gap North America, where he was instrumental in delivering the product-led resurgence of Gap’s North America business. He also served as chief merchandising and creative officer of Old Navy from 2009 to early 2010. Previously, Breitbard served in leadership roles at Levi Strauss & Co. and Abercrombie & Fitch.

Breitbard graduated from Vassar College and earned a Master of Business Administration from the Haas School of Business at the University of California, Berkeley.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Contact: 

650-952-4400

Source: Gap Inc.

DAVIDsTEA President and CEO Sylvain Toutant to resign

MONTREAL, 2016-Oct-23 — /EPR Retail News/ — DAVIDsTEA Inc. (“DAVIDsTEA” or the “Company”) (Nasdaq:DTEA) today (Oct. 21, 2016) announced that Sylvain Toutant, the Company’s President and Chief Executive Officer, will be leaving the Company to pursue other interests.  It is the intention of both the Company and Mr. Toutant that he will serve in his current role until the end of the current fiscal year. Upon the effective date of his departure, Mr. Toutant will also cease his directorship held with the Company.

Maurice Tousson, Chairman of the Company’s Board of Directors, stated, “Sylvain has been instrumental in expanding the DAVIDsTEA brand and executing against our key priorities as well as navigating our transition from private to public ownership.  He has assembled a talented and capable team across all functional areas of the organization.  We would like to thank him for his many contributions and wish him the best in his future endeavors. We will be conducting a North America-wide search for a successor.”

Sylvain Toutant added, “This decision to move on has not been an easy one to make, but it is the right one from a personal standpoint and for my family.  DAVIDsTEA is fortunate to have a bench of talent across the company and a team that is so passionate about its purpose and mantra.  It has been a privilege to work with each and every one of them to drive growth and awareness of this unique and special brand.”

About DAVIDsTEA

DAVIDsTEA is a fast-growing retailer of specialty tea, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories and food and beverages, primarily through 208 company-operated DAVIDsTEA stores throughout Canada and the United States as of July 30, 2016, and its website, davidstea.com. The Company is headquartered in Montréal, Canada.

Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including management’s beliefs about the Company’s growth prospects, product offerings and financial guidance for the coming fiscal quarter and fiscal year. The Company cannot assure investors that future developments affecting the Company will be those that it has anticipated. Actual results may differ materially from these expectations due to risks and uncertainties including: the Company’s ability to maintain and enhance its brand image, particularly in new markets; the Company’s ability to compete in the specialty tea and beverage category; the Company’s ability to expand and improve its operations; the Company’s ability to maximize its e-marketing efforts; levels of foot traffic in locations in which the Company’s stores are located; changes in consumer trends and preferences; fluctuations in foreign currency exchange rates; general economic conditions and consumer confidence; minimum wage laws; the importance of the Company’s first fiscal quarter to results of operations for the entire fiscal year; and other risks set forth in the Company’s Annual Report on Form 10-K dated April 12, 2016 and filed with the Securities and Exchange Commission on April 13, 2016. If one or more of these risks or uncertainties materialize, or if any of the Company’s assumptions prove incorrect, the Company’s actual results may vary in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this release speaks only as of the date on which the Company makes it. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Investor Contact:

ICR Inc.
Farah Soi/Rachel Schacter
(203)-682-8200
investors@davidstea.com

Source: DAVIDsTEA/globenewswire

CFA recognized FMI president and CEO Leslie G. Sarasin with CFA’s Outstanding Industry Leader award

WEST HARTFORD, CT, 2016-Oct-07 — /EPR Retail News/ — The Connecticut Food Association (CFA) names Leslie G. Sarasin, president and CEO of the Food Marketing Institute (FMI), as the recipient of CFA’s Outstanding Industry Leader award at its 2016 Person of the Year banquet.  Sarasin will be presented the award at an evening reception on October 20th.

“Leslie is a tireless champion for the nation’s food retailers and wholesalers and we’re thrilled to recognize her efforts in advocating on behalf of the food retail industry,” said Wayne Pesce, Connecticut Food Association president. “Leslie fully understands the power the states hold in influencing policy and the broader food community agenda, and her leadership and knowledge has brought a new energy to our industry.”

Pesce described the significance of Sarasin’s award, saying, “Leslie is largely being recognized for her leadership role in the legislative victory that established federal preemption regarding the disclosure of Genetically Modified Organisms (GMO). In 2013, Connecticut’s Governor signed the first state law in the nation mandating the labeling of foods that contain genetically modified ingredients, so this year’s legislative victory at a federal level offered Connecticut businesses more flexibility and helped to preserve interstate commerce.”

Sarasin remarked on receiving this honor, “I’m incredibly humbled to receive this recognition from the Connecticut Food Association and to have my efforts acknowledge in a state so dear to the heart of my family is especially meaningful. Some of our most politically active members hail from ‘the Constitution State,’ and their advocacy efforts amplify the voice of food retail so effectively, it is heard well beyond Connecticut’s borders.”

Sarasin’s career in the food industry spans more than 30 years. In October 2008, Sarasin joined FMI during a critical time in the food industry. Her wealth of experience serving the food industry has secured a strong future for FMI and its members. Sarasin remains a staunch supporter of the consumer while advocating on behalf of the businesses FMI represents.

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Contact:

Tel: 202-452-8444
Fax: 202-429-4519

Source: FMI

Staples announces the appointment of Shira Goodman as its President and CEO

FRAMINGHAM, Mass, 2016-Sep-27 — /EPR Retail News/ — Staples, Inc. (Nasdaq: SPLS) today (Sep. 26, 2016) announced the appointment of Shira Goodman as its President and Chief Executive Officer and as a member of its Board of Directors, effective immediately.

“After a comprehensive search process that included the evaluation of several qualified candidates for the position of Chief Executive Officer, the Board has approved Shira’s appointment. This decision was not only based on her long tenure and deep understanding of our industry, but also on the leadership qualities she has demonstrated while serving as interim Chief Executive Officer,” said Robert Sulentic, Independent Lead Director. “Having joined Staples in 1992, Shira has a thorough understanding of our customers and operations which she combines with the outside-in thinking critical to competing in today’s marketplace.”

During her career at Staples, Ms. Goodman has served in key leadership positions, including President, North American Operations; President, North American Commercial; Executive Vice President of Global Growth; Executive Vice President of Human Resources, and Executive Vice President of Marketing. Ms. Goodman was appointed interim Chief Executive Officer in May 2016.

“I am both honored and excited to become the Chief Executive Officer of Staples,” said Ms. Goodman. “I am committed to executing our Staples 20/20 strategy which is focused on accelerating growth with mid-market customers in North America and building on our momentum with products and services beyond office supplies. We have an incredible team of dedicated associates and I am proud to lead them as we transform our company and create long term shareholder value.”

About Staples, Inc.
Staples retail stores and staples.com help small business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop, all backed with a lowest price guarantee. Staples offers businesses the convenience to shop and buy how and when they want – in store, online, via mobile or though social apps. Staples.com customers can either buy online and pick-up in store or ship for free from staples.com with Staples Rewards minimum purchase. Expanded services also make it easy for businesses to succeed with in-store Business Centers featuring shipping services and products, copying, scanning, faxing and computer work stations, Tech Services, full-service Print & Marketing Services, Staples Merchant Services, small business lending and credit services.

Staples Business Advantage, the business-to-business division of Staples, Inc., helps mid-market, commercial and enterprise-sized customers make more happen by offering a curated assortment of products and services combined with deep expertise, best-in-class customer service, competitive pricing and state-of-the-art ecommerce site. Staples Business Advantage is the one-source solution for all things businesses need to succeed, including office supplies, facilities cleaning and maintenance, breakroom snacks and beverages, technology, furniture, interior design and Print & Marketing Services. Headquartered outside of Boston, Staples, Inc. operates throughout North and South America, Europe, Asia, Australia and New Zealand. More information about Staples (NASDAQ: SPLS) is available at www.staples.com.

Media Contact:
Bill Durling
508-253-2882

Investor Contact:
Chris Powers
508-253-4632

Source: Staples, Inc.

CBRE announces the appointment of Eiji Sakaguchi President and CEO for Japan

Los Angeles, 2016-Aug-12 — /EPR Retail News/ — CBRE announced today that Eiji Sakaguchi has been appointed President and CEO of CBRE’s business in Japan, effective October 3. In this role, Mr. Sakaguchi will oversee all of CBRE’s Japan operations, encompassing 10 offices and 1,200 employees. He will report to Ben Duncan, North Asia President of CBRE, who has also been serving as CEO for Japan.

Mr. Sakaguchi is a seasoned industry veteran with over 26 years of real estate experience and an extensive financial background. He is widely recognized as one of the most prominent real estate professionals in Japan.

He joins CBRE from Mitsubishi UFJ Morgan Stanley Securities where he was managing director and head of Real Estate. While there, Mr. Sakaguchi oversaw a range of successful asset transactions, as well as private and public capital market activities. Before joining Morgan Stanley in 2001, he spent 11 years at Mitsui Fudosan, where he held key roles in asset and property management, leasing, investment and development activity.  Mr. Sakaguchi is a graduate of Hitotsubashi University with a Bachelor’s degree in law.

“Sakaguchi-san is a passionate leader who has outstanding business acumen and understands and appreciates the culture of our business,” said Ben Duncan, North Asia President of CBRE. “I’m very excited to have Sakaguchi-san lead the next phase of our development across Japan drawing on his decades of experience and the breadth of his relationships.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.

Official Twitter account for Japan: @cbrejapan

MEDIA CONTACT:
Robert McGrath
Senior Director, Global Media Relations
+1 212 9848267

Source: CBRE

Walmart Canada: Lee Tappenden appointed President and CEO; Bob Hakeem as COO

Mississauga, ON, 2016-Jun-29 — /EPR Retail News/ — Walmart Canada today announced the appointment of Lee Tappenden, Chief Operations Officer, Walmart Canada to the position of President and Chief Executive Officer, Walmart Canada, effective August 15. Tappenden joined Walmart in 1996 and has held a number of global leadership roles with the company, including Chief Merchandising Officer with Walmart Japan and Vice President of Merchandising for the International Division.

After joining the Walmart Canada leadership team in 2010 as Senior Vice President, Merchandise Operations, Tappenden also served as Chief Merchandising Officer. He sits on the Board of Governors for Children’s Miracle Network, a non-profit organization dedicated to saving and improving the lives of children at 170 hospitals across North America. Tappenden will report to David Cheesewright, President and Chief Executive Officer, Walmart International.

“Lee is extremely well poised to lead Walmart Canada and continue the momentum of growth we are seeing in this market,” said David Cheesewright, President and Chief Executive Officer, Walmart International. “He has demonstrated outstanding leadership throughout his career with Walmart internationally in both merchandising and operations, but he also brings to the role a real passion and heart for our associates and customers. Lee is the kind of person who genuinely cares about the well-being of the people who work in and shop at our stores every day – and that’s one of the things that make him an incredibly special leader,” he said.

“I’ve had the privilege of getting to know the team at Walmart Canada over the past six years,” said Tappenden. “Together, we have seen significant growth of our business, including a focus on fresh food and investments in eCommerce. I look forward to leading the team as we embark on an exciting time for our business and for our customers,” he said.

With today’s announcement, Bob Hakeem, Chief Administrative Officer, Walmart Canada will assume the role of Chief Operations Officer. After joining Walmart Canada in 2008 as Senior Vice President for the Walmart Canada People Division, Hakeem was named Executive Vice President, Human Resources in 2012. He has played an important role in developing talent and bench strength in the organization, while also helping guide the business through the introduction of Supercentres and other major changes in the market. Hakeem brings to the role more than 25 years of business experience and is an executive board member for the Retail Council of Canada.

About Walmart Canada
Walmart Canada operates a growing chain of more than 400 stores nationwide serving more than 1.2 million customers each day. Walmart Canada’s flagship online store, walmart.ca is visited by 600,000 customers daily. With more than 95,000 associates, Walmart Canada is one of Canada’s largest employers and is ranked one of the country’s top 10 most influential brands. Walmart is committed to generating zero waste, being supplied by 100 per cent renewable energy and offering customers products that are produced responsibly. Walmart Canada’s extensive philanthropy program is focused on supporting Canadian families in need, and since 1994 Walmart has raised and donated more than $250 million to Canadian charities. Additional information can be found at walmartcanada.ca.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,527 stores under 63 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482 billion, Walmart employs more than 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

Media Contact:

Anika Malik,
anika.malik@walmart.com,
416.562.8193
Corporate Affairs, Walmart Canada

Source: Walmart Canada