MANGO to open a new store in Puerto Rico on 1 March

Barcelona, 2018-Feb-20 — /EPR Retail News/ — MANGO is increasing its commitment to the American continent.On 1 March, the store will open a new store in Puerto Rico, taking the number of stores in South and Central America to over 200.

The store, with a surface area of more than 650 m2, is located in what is considered one of the largest shopping centres in the Caribbean (Plaza Las Américas).The new store will stock the women’s, men’s and kid’s lines in an ambience of detailed decor and contemporary style, adopting the interior design concept established by the firm.

MANGO first arrived in the continent more than twenty years ago, making Mexico its first destination in the region.Since then, Latin America has been one of the focal points of the brand’s expansion and its presence has extended to more than twenty countries in the region, including Chile, Peru and Colombia.The company is now planning to increase by almost ten the number of stores in these countries during the first half of 2018.

The North American market is another is another region the company is continuing to work on.In September, MANGO opened its newly-refurbished store in New York’s SoHo district.With this store opening, the firm is continuing in parallel its expansion plan in the demanding American market.

Contact:

TEL: +34 938 602 222

Source: MANGO

Shop Your Way teams up with Major League Baseball player René Rivera to host toy drive and support ongoing relief efforts in Puerto Rico

Sears and Kmart membership platform and e-commerce marketplace teams with Major League Baseball player to host toy drive and support ongoing relief efforts

HOFFMAN ESTATES, Ill., 2017-Dec-05 — /EPR Retail News/ — As rebuilding efforts continue in the wake of Hurricane Maria, Shop Your Way is bringing the magic of the holidays to the island with the announcement of a unique toy drive to support “Que Ningún Niño Pierda la Ilusión en Esta Navidad(“Let no child lose the illusion this Christmas”),” an initiative in partnership with Major League Baseball player René Rivera. All gifted toys will benefit children in Puerto Rico who were affected by the devastating storm.

Shop Your Way, a free platform that connects members with offers and experiences to help them save time and money in their everyday lives, will collect toys in two ways: Now through Christmas, all 28 Kmart and Sears stores in Puerto Rico will accept donations of new and gently used toys. Members who do not live on the island can give back by purchasing toy packs either online at Shop Your Way or at one of 25 Kmart and Sears locations in Miami and the Chicagoland area. Members can gift toy packs at $5, $10 or $20 increments; and Shop Your Way will match each toy pack purchased.* The goal of the program is to gift 25,000 toys total this holiday season.

“We care deeply about the residents of Puerto Rico and have remained dedicated to supporting their rebuilding efforts,” said B.J. Naedele, Chief Commercial Officer, Shop Your Way. “Keeping the spirit of Christmas alive despite the hardship so many Puerto Ricans still face is an idea that resonated with us, which is why we teamed up with René for this toy drive. As a shopping destination, we are well-positioned to help give families and children in Puerto Rico a merrier holiday.”

Rivera, free agent catcher who most recently played for the Chicago Cubs, has already pledged his commitment to his native Puerto Rico as the island continues to pick up the pieces post Hurricane Maria. He and his wife, Mariel, will distribute collected toys to children across Puerto RicoDecember 18-20. This follows Rivera’s launch of a GoFundMe page, which raised more than $39,000 for recovery efforts. In addition, Shop Your Way has already gifted 25,000 pieces of Cubs apparel in partnership with Rivera as well as his teammates Javier Baez and Victor Caratini to the island’s residents. Before Rivera arrives in Puerto Rico, the catcher will host an event on December 9 at the Kmart store on 8th Street in Miami to welcome those who have relocated from Puerto Rico to Miami—either temporarily or permanently—and help them get on their feet. A second event on December 16 in Rivera’s hometown of Bayamon, Puerto Rico, will serve as an opportunity to continue to distribute collected apparel and promote the toy drive, in addition to connecting with the community during this time of year.

“To see my hometown in ruins has been heartbreaking, but that feeling pales in comparison to knowing so many families are unable to celebrate the holidays because of their situation,” said Rivera. “Our goal for this toy drive is to bring these families joy, comfort and a break from their distress this holiday season.”

The toy drive is another way Shop Your Way has assisted affected members recovering in Puerto Rico. Shop Your Way has distributed hundreds of care packages containing food and essential supplies to community centers and children’s homes, as well as established ‘comfort zones’ at all open Sears and Kmart stores to give families a place to sit and rest, charge their phones and other devices, cool down in air conditioning and allow children to play. Members of the Kmart Pharmacy team have also been available at the ‘comfort zones’ to take blood pressure screenings and share information about flu shots and other immunizations.

Join Shop Your Way on social media to hear more about the latest news. “Like” Shop Your Way on Facebook, and “follow” Shop Your Way on Twitter and Instagram.

*Shop Your Way will match up to 7,500 toys

About Shop Your Way
Shop Your Way® a business unit of Sears Holdings (NASDAQ: SHLD), is a free social shopping destination and rewards program offering millions of products, personalized services, and advice. The program rewards members for buying the products and services they want every day. Through an extensive network, members can shop thousands of top brands and earn points to use on future purchases. Members also have access to special pricing, sales and digital coupons that can be loaded directly into their account.

It’s free and easy to become a Shop Your Way member and begin enjoying benefits immediately when you visit shopyourway.com. Download the free Shop Your Way app on iTunes or Google Play.

MEDIA CONTACT:
Howard Riefs
Sears PR
847-286-7562
Howard.Riefs@searshc.com

SOURCE: Sears Holdings Corporation

CVS Health in-store fundraising campaign raised $4 million for recovery efforts in Florida, Texas and Puerto Rico

WOONSOCKET, R.I., 2017-Oct-05 — /EPR Retail News/ — CVS Health (NYSE: CVS) today (October 4, 2017) announced that its customers and colleagues donated nearly $4 million to support the Florida, Texas and Puerto Rico communities that were devastated by recent hurricanes, during a 10-day in-store fundraising campaign. The company also announced that it will donate more than $6 million of critical products and supplies to these communities, bringing CVS Health’s total support to $10 million.

The funds will be split evenly between Unidos por Puerto Rico, Rebuild Texas Fund and the Florida Disaster Fund to help support rebuilding efforts in these affected communities over the coming weeks and months. Products will be distributed to communities where they are needed the most.

“We are incredibly grateful to our colleagues and customers who have demonstrated our values of caring and integrity over the past few weeks during these historic storms,” said Helena B. Foulkes, executive vice president, CVS Health and president, CVS Pharmacy. “The rebuilding process for many of these communities will take a long time, and we will continue to do our part by providing support during this difficult time.”

To ensure patients and customers received the medications and information they needed during the recent hurricanes, CVS Health mobilized an enterprise-wide effort to help with preparations and accommodations prior to and after the storms.

The company’s proprietary messaging platform enabled rapid and urgent communications to patients who were in the path of hurricanes. Text messages were sent to tens of thousands of patients, reminding them to plan ahead for any potential disruption from the storm. The messages also helped ensure delivery of specialty and other medications for patients in transition between home and safe shelter locations.

Additionally, the catastrophic impact and wide-spread power outages in Puerto Rico following Hurricane Maria posed particular challenges in coordinating resources for colleagues, customers and patients. In response, CVS Health transported much-needed specialty medications and essential equipment to support store operations in Puerto Rico and, in some cases, delivered medication directly to individual patients who were in need.

“While it is never easy to manage through storms of this magnitude, hundreds of our colleagues have gone above and beyond to ensure that our patients, customers and communities are being served, despite the devastation impacting their own personal lives,” added Eileen Howard Boone, president of the CVS Health Charitable Foundation. “Their generosity, compassion and dedication to serving others whether it be patients, residents or co-workers is truly amazing.”

In addition to the funds raised through the in-store campaign, CVS Health and the CVS Health Foundation, colleagues and customers had previously donated nearly $800,000 in cash and in-kind product donations to the American Red Cross, Direct Relief, Salvation Army, Florida Disaster Fund, Unidos por Puerto Rico, Rebuild Texas Fund, the Greater Houston Community Foundation and the CVS Health Employee Relief Fund, a public charity designed to help CVS Health employees during unanticipated and unavoidable financial hardships and emergencies.

About CVS Health

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

Media Contacts:

Joseph Goode
Joseph.Goode@CVSHealth.com
(401) 770-9820

Mary Gattuso
Mary.Gattuso@cvshealth.com
(401) 770-9811

SOURCE: CVS Health

DDR provides further update on the impact of Hurricane Maria in Puerto Rico

CLEVELAND, 2017-Oct-05 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) provided a further update today (Oct 04, 2017) on its process of providing assistance and support to its personnel in Puerto Rico as well as assessing damage from Hurricane Maria to its assets in Puerto Rico.

“We have now been in contact with all of our team members in Puerto Rico and remain focused on delivering aid to them,” commented David Lukes, President and Chief Executive Officer of DDR.  “All 12 of our properties are now in a clean and safe condition and we are in the process of making temporary repairs and helping tenants reopen wherever possible. I am incredibly proud of DDR’s Puerto Rico team, who have demonstrated courage and resilience in this challenging time, as well as the numerous employees throughout the firm who have worked with remarkable speed and resourcefulness.”

Most anchor spaces at the company’s 12 Puerto Rico centers are currently open, including 7 of 8 Walmarts, and all Home Depots (2), Sam’s Club (1), and Pueblo and Econo grocery stores (3).  A significant number of additional anchor openings are expected to take place in the coming days. Most of the company’s Puerto Rico outparcel tenants are also currently open and operating. Openings of small-shops at the company’s open air assets will generally depend on restoration of utility power, the timing of which is currently uncertain. In addition, there are selective tenant spaces that have been rendered currently untenantable.

Plaza Del Sol, the company’s largest asset by Net Operating Income in Puerto Rico, is now receiving power from both generator and utility sources, which is facilitating the reopening of small-shops.  Rio Hondo, the company’s second largest asset in Puerto Rico, is expected to begin receiving utility power within the next week, enabling small shop openings. The company expects to have additional generators installed at Plaza del Norte, its third largest mall asset in the next several weeks. The company has completed cleanup work at Palma Real and continues to assess necessary repairs. A determination of expected tenant opening dates will be made as further analysis of the repair of this property is completed.

DDR maintains insurance on its assets in Puerto Rico with policy limits of over $350 million for property damage, along with coverage for business interruption. The company’s insurance policies remain subject to various terms and condition including a deductible of approximately $6 million.

ABOUT DDR
DDR is an owner and manager of 298 value-oriented shopping centers representing 100 million square feet in 34 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR.

SAFE HARBOR
DDR Corp. considers portions of the information in this press release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, property damage, expenses related thereto and other business and economic consequences (including the potential loss of rental revenues) resulting from extreme weather conditions in locations where we own properties; sufficiency and timing of any insurance recovery payments related to damages from extreme weather conditions; local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; redevelopment and construction activities may not achieve a desired return on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; the success of our deleveraging strategy; and any impact or results from the Company’s portfolio transition or any change in strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2016. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE DDR Corp.

DDR provides assistance and support to its personnel in Puerto Rico affected by Hurricane Maria

CLEVELAND, OH, 2017-Sep-27 — /EPR Retail News/ — DDR Corp. (NYSE: DDR) announced today that it continues the process of providing assistance and support to its personnel in Puerto Rico as well as assessing damage to its 12 assets from Hurricane Maria.

“Our thoughts and prayers go out to the people of Puerto Rico during this challenging time. DDR is currently focused on accounting for, and providing resources to, our Puerto Rico-based team and their families. The loss of power and phone service throughout the island have made this process challenging,” commented David Lukes, President and Chief Executive Officer of DDR.  “While the safety of our people remains our priority, we also are attempting to visit and assess the condition of our assets, but damage to roads and infrastructure, as well as ongoing storm conditions, have hampered this process.  We anticipate that a complete property assessment and overall financial impact could  take a number of weeks to complete.”

DDR maintains property, casualty, flood and business interruption insurance at its properties in Puerto Rico.

ABOUT DDR
DDR is an owner and manager of 298 value-oriented shopping centers representing 100 million square feet in 34 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR.

SAFE HARBOR
DDR Corp. considers portions of the information in this press release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Company’s expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, property damage, expenses related thereto and other business and economic consequences (including the potential loss of rental revenues) resulting from extreme weather conditions in locations where we own properties; local conditions such as supply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; redevelopment and construction activities may not achieve a desired return on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements; the success of our deleveraging strategy; and any impact or results from the Company’s portfolio transition or any change in strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company’s Form 10-K for the year ended December 31, 2016. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE DDR Corp.