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Bed Bath & Beyond Reports 1Q 2008 Results
www.appliancemagazine.com | Jun 26, 2008
Bed Bath Beyond Inc. said its fiscal first-quarter profit tumbled 27%. For the quarter ended May 31, the company earned US$76.8 million, compared with $104.6 million for the same quarter in 2007. Sales rose 6.1% to $1.65 billion from $1.55 billion in the year-ago period. Same-store sales
Distributor Briefs
www.twice.com | Mar 10, 2008
Costa Mesa, Calif. — Ingram Micro will be the first in the United States to distribute onsite backup and recovery products from VaultStor. Among the VaultStor products Ingram Micro will offer is the Disaster Recovery Vault, a network-attached storage device.
Bed Bath & Beyond 4Q Profit Falls
www.appliancemagazine.com | Apr 11, 2008
Retailer Bed Bath & Beyond Inc. said its fiscal fourth-quarter profit dropped 16% due to a dip in sales and lower interest income. For the quarter ended March 1, net income fell to $172.9 million, or $0.66 per share, from $205.8 million, or $0.72 per share, in the prior-year quarter.
Bed Bath & Beyond Opens in Canada
www.appliancemagazine.com | Jan 2, 2008
Bed Bath & Beyond Inc. announced the opening of its first Canadian store in Richmond Hill, Ontario. The 34,000-sq.-ft. store includes home furnishings, home decor, bed and bath accessories, kitchen items, dinnerware, window treatments, and storage products.
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Bath And Beyond Discount Galaxy Poswer Wholesale
Bed Bath & Beyond tests health and beauty UNION, N.J. -- Bed Bath & Beyond is putting more might behind the "Beyond" part of its name to grow its business. Its acquisition in March ...(Continue Reading)
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Iconix Brand Group, Inc. Announces Stock Repurchase Program - Zibb.com
NEW YORK, Nov 03, 2008 /PRNewswire-FirstCall via COMTEX/ --
Iconix Brand Group, Inc. (Nasdaq: ICON) ("Iconix" or the "Company"), today announced that its Board of Directors has authorized a program to repurchase up to $75 million of its common stock over a three year period. The Company intends, from time to time, as business conditions warrant, to purchase stock in the open market or through private transactions. Purchases may be increased, decreased or discontinued at any time without prior notice.
The plan does not obligate the company to repurchase any specific number of shares and may be suspended at any time at management's discretion. The Company currently has 58.1 million shares issued and outstanding.
Iconix Brand Group Inc. (Nasdaq: ICON) owns, licenses and markets a growing portfolio of consumer brands including CANDIE'S (R), BONGO (R), BADGLEY MISCHKA (R), JOE BOXER (R) RAMPAGE (R) MUDD (R), LONDON FOG (R), MOSSIMO (R) OCEAN PACIFIC(R), DANSKIN (R) ROCA WEAR(R), CANNON (R), ROYAL VELVET (R), FIELDCREST (R), CHARISMA (R) STARTER (R) and WAVERLY (R). The Company licenses its brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution from the luxury market to the mass market in both the U.S. and around the world. Iconix, through its in-house advertising, promotion and public relations agency, markets its brands to continually drive greater consumer awareness and equity.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. The statements that are not historical facts contained in this press release are forward looking statements that involve a number of known and unknown risks, uncertainties and other factors, all of which are difficult or impossible to predict and many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, uncertainty regarding the results of the Company's acquisition of additional licenses, continued market acceptance of current products and the ability to successfully develop and market new products particularly in light of rapidly changing fashion trends, the impact of supply and manufacturing constraints or difficulties relating to the Company's licensees' dependence on foreign manufacturers and suppliers, uncertainties relating to customer plans and commitments, the ability of licensees to successfully market and sell branded products, competition, uncertainties relating to economic conditions in the markets in which the Company operates, the ability to hire and retain key personnel, the ability to obtain capital if required, the risks of litigation and regulatory proceedings, the risks of uncertainty of trademark protection, the uncertainty of marketing and licensing acquired trademarks and other risks detailed in the Company's SEC filings. The words "believe", "anticipate," "expect", "confident", "will", "project", "provide" "guidance" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date the statement was made.
Contact Information:
Jaime Sheinheit
Director of Strategic Development
Iconix Brand Group
212.730.0030
Joseph Teklits
Integrated Corporate Relations
203.682.8200
SOURCE Iconix Brand Group, Inc.
http://iconixbrand.com
Tags: acquisition business consumer equity fashion licenses london manufacturing market marketing nasdaq products public relations retail sec securities
Companies: Iconix Brand Group Inc (ICON)
Kohl's 2008 Holiday Program Provides Incredible Value to Help Shoppers get More for their Money
MENOMONEE FALLS, Wis., Oct 29, 2008 (BUSINESS WIRE) --
Kohl's Department Stores (NYSE: KSS) today announced its 2008 holiday marketing campaign designed to showcase Kohl's as the one-stop destination for shoppers looking to get the most for their money during a challenging economic environment. Throughout the campaign, brightly wrapped boxes, memorable taglines and easy-to-spot visual cues like 'Gifts That Fit Your Budget Beautifully,' 'It Gift,' and 'Present Perfect' highlight inspiring gifts at great prices. Beginning in November, shoppers can spend smart through frequent sales events, aggressive discounts on popular merchandise earlier in the season and an easy online shopping experience that combine to make Kohl's this season's gift destination.
"Our entire holiday program is designed to help customers stretch their budget during an especially difficult holiday season," said Kevin Mansell, president and CEO for Kohl's Department Stores. "This year, Kohl's will prove to be the one stop holiday shopping destination for great gift items. Shoppers will be delighted by the unbelievable prices we're extending earlier and longer throughout the season. Not only can Kohl's customers expect significant savings, but they can shop with confidence, knowing their purchases are backed by one of the best return policies in the industry."
National Holiday Campaign
"At Kohl's we believe the holidays don't have to be expensive to be meaningful, and this philosophy has never been more relevant given the economic downturn," said Julie Gardner executive vice president and chief marketing officer for Kohl's Department Stores. "We have increased our overall marketing budget --compared with last year and have strategically invested in new promotions, aggressive consumer incentives and have optimized our lead traffic driving promotional events. I am confident Kohl's will be at the forefront as the consumer looks to make purchasing decisions that will help them make their money go further."
The company will launch a comprehensive marketing program showcasing its compelling merchandise and tremendous values through a variety of marketing mediums such as broadcast and print advertising, digital media, charge card promotions, direct mail, e-mail outreach and public relations. The company will also employ a national Hispanic marketing program.
The company has increased its investment in best performing mediums such as direct mail, digital advertising and e-mail while at the same time focusing television and radio to align with the largest traffic opportunities. Additionally, the company will take advantage of the three weekends leading up to a late Thanksgiving holiday, infusing one more additional promotion event and additional consumer incentives.
Television and Radio
The campaign's value and gift-centric message strategy appeals to budget and style-savvy consumers who want to maximize their budgets while enjoying everything the season offers -- from gift giving to decorating to entertaining. Kohl's distinctive merchandise including private and exclusive brands like Simply Vera Vera Wang, ELLE Contemporary Collection, Abbey Dawn designed by Avril Lavigne, apt. 9, and Food Network(TM) make Kohl's the 'go to' store for an affordable holiday.
To engage customers and highlight Kohl's exclusive brands, Kohl's brand television campaign will feature three 30-second brand spots, compared with two last year. The first spot will run on Monday, Nov. 3, and during the first week it will air simultaneously across all network stations during Thursday 9:00 p.m. (EST) 'must see TV' such as Grey's Anatomy, CSI and The Office. The spots, which will cascade on air throughout the season, will also run across popular cable networks like Food Network, HGTV, Lifetime and E!
All three spots include an adaptation of the song Beautiful Things and convey the magic of the season.
The first spot focuses on preparing family for the holidays while a second brand spot highlights special gifts of the season and includes a holiday value message. Both spots feature brands exclusive to Kohl's, with brand names magically appearing in the scenes. Featured brands include Simply Vera Vera Wang, ELLE Contemporary Collection, apt. 9, daisy fuentes, Candies, Chaps, Tony Hawk, Jumping Beans and Food Network(TM).
The artists from La Nouba(TM) by Cirque du Soleil(R) in Orlando take center stage in the third spot, which highlights Kohl's as a special gift destination. The art and magical moment of gift giving from Kohl's is brought to life as the La Nouba(TM) characters help a young boy choose the perfect present for his mom.
Television and radio will continue to support Kohl's key sales events, with maximum support for weekend versus mid-week events.
Nov. 7 to 8 -- More Than Double the Savings Offers From Last Year
Kohl's kicks-off the shopping season and makes it easy for consumers to extend their shopping dollars with compelling new merchandise and sharp reductions both in store and online. More than double the savings offers from last year will be available to customers, and special Power Hours will feature even further reductions. Customers with a Kohl's charge card will be able to take an additional 15, 20 or 30 percent off their purchases.
Friday, Nov. 7
-- Extended Store Hours: 8 a.m. to Midnight
-- Power Hours: 3 p.m. to Midnight
Saturday, Nov. 8
-- Extended Store Hours: 6 a.m. to 11 p.m.
-- Power Hours: 6 a.m. to 1 p.m.
Examples of exceptional values include (Images will be included):
-- One-quarter carat diamond solitaire earrings in 14 carat gold: $77.99 final price; regularly $250.
-- Playwear on brands including Carter's, Healthtex and OSHKOSH; for girls sizes 4 to 6x, boys sizes 4 to 7 and toddlers -- entire stock: 55 percent off, $5.40 to $15.30, originally $12 to $34.
-- apt. 9 Sportswear for misses, petites and women -- entire stock: 50 to 60 percent off, $7.99 to $49.99; originally $20 to $100. This is the first time Kohl's will offer savings this aggressive across the entire brand.
-- Chaps sweaters for men -- entire stock: 50 percent off, $22.50 to $39.75; originally $45 to $79.50. This is the first time Kohl's will advertise Chaps sweaters at this price.
Nov. 14 to 15 -- Everything is on Sale -- Every Brand, Every Product for the Entire Family and Home
Kohl's continues to establish itself as the place for incredible values this holiday season when everything in the store goes on sale. Customers who shop during Power Hours will find even more great deals on desirable merchandise and can expect to find savings on substantially more items than last year.
Friday, Nov. 14
-- Extended Store Hours: 8 a.m. to Midnight
-- Power Hours: 3 p.m. to Midnight
Saturday, Nov. 15
-- Extended Store Hours: 6 a.m. to Midnight.
-- Power Hours: 6 a.m. to 1 p.m.
Examples of special Power Hours pricing include:
-- One-quarter carat diamond jewelry in 10 carat gold: $109.99 final price; regularly $375
-- Selected fine jewelry will be up to 66 percent off
-- Pandigital 7-inch digital picture frame: $59.99 after a $20 mail-in rebate; regularly $159.99. This reflects a $25 savings from last year's lowest price.
-- Toys including brands like Fisher-Price, Playskool, Tonka, Little Tikes and Mattel -- entire stock: Additional 20 percent off of entire stock of toys already reduced by 10 to 40 percent. This offer excludes Kohls.com online exclusives.
-- Chaps Collection (selected styles) for misses, petites and women: 50 to 60 percent off, $17.25 to $39.75; originally $34.50 to $79.50.
Nov. 21 to 22 -- Save Big Before Thanksgiving
New this year, Kohl's is offering shoppers a third weekend of aggressive savings opportunities throughout the entire store. Over the course of two days -- and offered throughout the entire day -- customers can take advantage of unbelievable savings.
Store Hours:
-- Friday, Nov. 21: 8 a.m. to Midnight
-- Saturday, Nov. 22: 6 a.m. to Midnight
Event highlights will include:
-- One-tenth carat diamond jewelry set in ten carat gold: $79.99; regularly $250
-- Nextar Q4 GPS -- 4.3-inch screen, including car and wall charger and car stand: $124.99 after $20 mail-in rebate; regularly $299.99
-- daisy fuentes for misses, petites and women -- entire stock: 40 to 60 percent off, $10.80 to $38.40, originally $18 to $68.
-- 1 GB MP3 player -- includes 50 free music downloads, built-in rechargeable lithium battery and earphones: $24.99; regularly $69.99.
Digital
As Kohls.com continues to grow significantly and consumers leverage the internet for holiday research, Kohl's continues to increase its investment in digital advertising. This season, Kohl's will again employ an aggressive strategy and take over the home pages of popular online sites including AOL, MSN and Yahoo! Kohl's has eight takeovers planned throughout the holiday season with the first promoting a pre-Thanksgiving sale event.
Charge Card Promotions/Direct Mail
Despite the economic environment, Kohl's charge card file and sales continue to experience strong growth due to the incredible value and significant savings opportunities that Kohl's offers its charge card customers. Kohl's will increase its promotions and offer charge customers 23 special savings days this year, considerably more than last year.
Kohl's will also extend charge card customers two total pick-a-day savings offers in both November and December, as compared with one provided last year. New this year, Kohl's charge card customers, as well as other selected Kohl's shoppers, will receive a two-day shopping pass that will provide additional discounts during November and December. Also new this year, selected Kohl's charge customers will receive a Gift Guide highlighting December values and popular gifts at tremendous deals.
E-mail Alerts
After experiencing significant growth of its online database, Kohl's will more than double the amount of e-mail it sends customers throughout the season. Customers who opt in to Kohl's e-mail alerts will receive e-mails filled with great gift ideas, sneak peeks at upcoming sales, additional discount opportunities, shipping offers and more.
Targeted Hispanic Outreach
Given the considerable size and purchasing power of the Hispanic market, Kohl's continues to broaden its outreach to this demographic with messages that convey early, frequent and significant discounts. A brand television spot specifically created for the Hispanic market will begin airing nationally the second week of November during popular shows like Despierta America, DoAa Barbara, Escandalo TV and Model Latina. The spot, which includes a strong value message, will focus on preparing for celebrations with family and feature both national and brands found exclusively at Kohl's. Value focused print ads will run in popular Hispanic magazines like Cosmopolitan en EspaAol, People en EspaAol, Latina and Vanidades, and key Kohl's sales events will be supported with national television and radio advertising. Kohl's will also offer shoppers 'Feliz Navidad' gift cards to include with their purchases.
The In Store Experience
Kohl's understands and respects that customer time is valuable, so shoppers can expect a convenient, efficient and fun to shop holiday experience. In fact, customers recently significantly boosted the retailer's satisfaction ratings versus last year in areas that positively impact time compressed shoppers.
Kohl's convenient and inspiring in store experience will begin at store entrances where shoppers will be invited in with above door signage that evokes the delight in affordable gift giving. Throughout the store, 'It Gift' and 'Present Perfect' graphics will guide shoppers to the best merchandise, making it easy for customers to navigate the store. Unique displays and impactful fixtures will highlight designated areas for brands exclusive to Kohl's including FILA SPORT, launched this Fall.
Customers can also expect a speedy and efficient check out process. Recent technology enhancements will help quickly move long check out lines. Also, Kohl's has made it easier than ever for customers to sign up, during the check out process, to receive e-mail notifications on events, special offers and more.
Gift Cards
Due to gift card popularity and customer convenience, Kohl's recently implemented a Gift Card Center in all stores, with two separate kiosks located on the main aisle across from point-of-sale locations. New this year, customers will be able to redeem e-gift cards -- gift cards that can be bought, given and printed online -- in Kohl's stores and online at Kohls.com Also, customers will be able to purchase gift cards from other retailers including, Best Buy, Apple iTunes, Applebee's and Barnes & Noble, solidifying Kohl's as a gift card destination.
Kohl's Return Policy -- Returns Made Easy
Kohl's industry-leading, flexible return policy, with no hassle and no need to explain, helps ensure shoppers have a 'Present Perfect' season.
-- Purchases made with a Kohl's charge card can be returned without a receipt for full refunds or even exchanges.
-- Shoppers with an original receipt are eligible for full refunds or an even exchange.
-- Customers without receipts and those with gift receipts will be granted an even exchange or Kohl's merchandise credit for returned items.
-- Kohls.com purchases can conveniently be returned or exchanged to either Kohls.com or a local Kohl's store with a receipt.
Enhancements to Kohls.com
This season, Kohl's has enhanced its online retail environment making it faster and easier for customers to see the best sales offers and find the most relevant merchandise. Kohls.com will also periodically feature special buys that will be available only online, in some cases offering customers 50 percent savings or more off of great gifts.
Online Holiday Gift Shop
On Oct. 15, Kohl's online Holiday Gift Shop went live and will evolve throughout the season, from a focus on entertaining to gifting, to reflect the most seasonally relevant items. As of Nov. 1, the site will incorporate artists from La Nouba(TM) by Cirque du Soleil(R) from the company's television brand spot and a Gift Finder tool will go live. The Gift Finder will enable customers to conveniently sort through sharp deals on gifts based on expanded search criteria like most wished for, price, new arrivals, and personality types. Throughout the season, Kohls.com will spotlight special shipping offers as they become available.
Today's Extra Value Offer
Throughout November, shoppers will be able to take advantage of special savings offers, exclusive to Kohls.com. Each day will feature, for that day only, one to two items offered at a price lower than in store. In some cases, the day's featured items may be found exclusively online. Kohl's will unveil the offers daily at Kohls.com.
Online Consumer Engagement Contest
From Nov. 1 to Dec. 28, Kohl's online shoppers are encouraged to enter daily to win the ultimate holiday gift from the Kohls.com Present Perfect Sweepstakes. One grand prize winner will receive $10,000 cash. One first prize winner will receive a La Nouba experience including a family vacation for four to Orlando, Fla. to see Cirque du Soleil's La Nouba, a $500 Kohl's gift card, $1,000 in cash and more. Also, 10 $50 Kohl's gift cards will be awarded daily throughout the contest, and each entrant will receive 10 percent off of their next Kohls.com purchase before Dec. 28.(1)
Kohl's Department Stores
Based in Menomonee Falls, Wis., Kohl's (NYSE: KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. By the end of November, Kohl's will operate 1,004 stores in 48 states. A company committed to the communities it serves, Kohl's has raised more than $102 million for children's initiatives nationwide through its Kohl's Cares for Kids(R) philanthropic program. For a list of store locations and information, or for the added convenience of shopping online, visit www.kohls.com.
(1) Complete sweepstakes rules available at Kohls.com
SOURCE: Kohl's
Vicki Shamion, Kohl's 262-703-1464 Vicki.shamion@kohls.com or Julie Lando, Kohl's 262-703-1335 Julie.lando@kohls.com
Tags: advertising apparel budget ceo children consumer diamond e-mail environment executive family food gold graphics investment local market marketing men money mp3 nyse online policy president prices radio research retail sales shipping technology television toys traffic tv women
Companies: Kohl's Corp. (KSS)
Bed Bath & Beyond the 'Big Box'; Retail Giant Reaches for the Sky with Plans for First Urban GTA
TORONTO, Nov. 11, 2008 (Canada NewsWire via COMTEX) --
<<
Bed Bath and Beyond Signs Lease at Canada's Tallest Condo; First Downtown
Site for Home Superstore in Canada
>>
Canderel Stoneridge Equity Group, a leading real estate developer in Canada, announced details today of a lease agreement with domestic merchandise and home furnishings superstore Bed Bath & Beyond Inc. The company will lease approximately, 50,000s.f. in the podium level of Canderel Stoneridge's new condominium at Yonge and Gerrard, called AURA, establishing the retailer's first urban location in Canada.
Currently designed to stand 243 meters and 75 storeys tall, making it the largest new condominium development in Canada, plans call for the tower to include nearly 190,000s.f. of prime retail space. With today's announcement, Bed Bath & Beyond has agreed to take the entire second floor - leasing more than a quarter of the mixed use development's available retail space.
"We are thrilled to be able to announce that one of North America's leading retailers has decided to 'live' at Aura," says Canderel Stoneridge's Director of Leasing, Michael Vilner. "They will be joined by several thousand residents, a variety of other equally significant retailers which will be announced shortly, and a group of vibrant commercial users, each of whom will be contributing to the revitalization of Yonge Street and this prime corner of Toronto.
"We think that AURA offers a new opportunity for condo buyers in the GTA and a new opportunity for our retail partners, as well."
The decision of a retailer like Bed Bath & Beyond - one that has traditionally pursued suburban, 'big box' locations - to anchor AURA's retail position, rewards the developer's commitment to urban intensification and real estate developments which seek to revitalize the downtown core.
"While residents are rediscovering the appeal of an urban lifestyle, so too are retailers," adds Vilner. "Increasingly, we are discovering that more and more retailers are leaving the vast expanses of the suburban power centres for the frenetic urban energy of the city's downtown core."
Launched in the Spring of 2008, AURA has quickly become one of Canada's fastest selling condominium projects. With more than 80% of the available units sold, Canderel Stoneridge recently began marketing its penthouse units, including the one-of-a-kind full floor unit on the 75th store, which is currently being sold for $17.5 million. Prices for other suites in the building start in the $500,000's.
"Condo buyers recognize and appreciate the unique opportunity that is AURA, and so too does Bed Bath & Beyond," says Michael Vilner. "The decision of this retail leader to locate their first urban store in our development demonstrates a recognition and appreciation for the thousands of potential customers, all just an elevator ride away, AURA provides; for the storefront access to one of the city's busiest intersections it offers; and the direct connection to millions of transit users every day it creates."
For more information about AURA visit www.collegeparkcondos.com.
SOURCE: Canderel Stoneridge Equity Group
News Media Contact: Danny Roth, Brandon Communications Inc., T: (416) 850-0614, C: (416) 414-9064, E: droth@brandoncom.ca
Tags: canada commercial equity leasing marketing north america prices real estate retail toronto
Companies: Bed Bath & Beyond, Inc. (BBBY)
Yamana Gold Annual Analyst and Investor Day Notification - Zibb.com
TORONTO, ONTARIO, Oct 14, 2008 (MARKET WIRE via COMTEX) --
YAMANA GOLD INC. (TSX: YRI)(NYSE: AUY)(LSE: YAU) will be hosting its annual analyst and investor day on October 15, 2008 at 9:00 a.m. to 1:00 p.m. E.T.
Presentations will be available by audio webcast and for download on Yamana's website at www.yamana.com.
About Yamana
Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico, Central America and the United States. Yamana is producing gold and other precious metals at intermediate company production levels in addition to significant copper production. The company continues to build on this base through existing operating mine expansions and throughput increases, the advancement of its exploration properties and by targeting other gold consolidation opportunities in Brazil, Argentina, Chile and elsewhere in the Americas.
Contacts: Yamana Gold Inc. Jodi Peake Vice President, Public and Investor Relations (416) 815-0220 Email: investor@yamana.com Yamana Gold Inc. Letitia Wong Director, Investor Relations (416) 815-0220 Email: investor@yamana.com Website: www.yamana.com.
SOURCE: Yamana Gold Inc.
mailto:investor@yamana.com mailto:investor@yamana.com http://www.yamana.com
Tags: argentina brazil canada central america chile copper email exploration gold hosting mexico nyse precious metals president
News from Zibb.com
- Iconix Brand Group, Inc. Announces Stock Repurchase Program - Zibb.com
- Kohl's 2008 Holiday Program Provides Incredible Value to Help Shoppers get More for their Money
- Bed Bath & Beyond the 'Big Box'; Retail Giant Reaches for the Sky with Plans for First Urban GTA
- Yamana Gold Annual Analyst and Investor Day Notification - Zibb.com
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