Hong Kong, Oct. 20, 2026 (GLOBE NEWSWIRE) — Axonex AI Group Limited (“Axonex” or the “Company”, NASDAQ: AXNX), a Hong Kong-based company with a strategic focus on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, announces that it is implementing a reverse stock split of all of the Company’s issued and unissued shares, including the Class A ordinary shares with no par value (the “Class A Ordinary Shares”) and Class B ordinary shares with no par value (the “Class B Ordinary Shares,” together with the Class A Ordinary Shares, the “Ordinary Shares”), at an exchange ratio of two (2) shares for every five (5) shares (the “Reverse Stock Split”). The Reverse Stock Split was approved by the Company’s Board of Directors on October 2, 2026.

Upon the opening of the market on October 22, 2026, the Company’s Class A Ordinary Shares will begin trading on the Nasdaq Capital Market on a post-Reverse Stock Split basis under the current ticker symbol “AXNX”. The new CUSIP number for the Class A Ordinary Shares following the Reverse Stock Split will be G6146G125.

The Reverse Stock Split will reduce the number of outstanding Class A Ordinary Shares of the Company from 15,190,742 Class A Ordinary Shares to approximately 6,076,297 Class A Ordinary Shares. Every five (5) outstanding Class A Ordinary Shares will be combined into and automatically become two (2) post-Reverse Stock Split Class A Ordinary Shares. No fractional shares will be issued as a result of the Reverse Stock Split. Instead, any fractional shares that would have resulted from the Reverse Stock Split will be rounded up to the next whole number.

Registered shareholders holding their Ordinary Shares in book-entry or through a bank, broker or other nominee form do not need to take any action in connection with the Reverse Stock Split. Shareholders holding physical stock certificates will also generally receive book-entry shares instead of their existing certificates. The Company’s transfer agent, VStock Transfer LLC, will send further instructions.

The Reverse Stock Split is intended to increase the per share trading price of the Company’s Class A Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing of the Class A Ordinary Shares on the Nasdaq Capital Market. There can be no assurance that the Company will satisfy the minimum bid price requirement or otherwise maintain compliance with the continued listing requirements of the Nasdaq Capital Market.

About Axonex AI Group Limited

Axonex AI Group Limited (formerly Mint Incorporation Limited) (NASDAQ: AXNX) is a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider. Through its subsidiary, Axonex AI Limited, and its majority owned subsidiary, Rice Robotics AGI Holding Limited, the Group delivers robot models and robotics solutions, including the FLOKI Minibot M1 and micro-insurance solutions purpose-built for commercial robots. The Group also maintains its established interior design and fit-out works business. Anchored by its ongoing transformation, Axonex AI is focused on AI and robotics as its main growth driving engine.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review the risk factors contained in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) before making any investment decisions regarding the Company’s securities.

Contact Information

For Media and Investor Inquiries:
Axonex AI Group Limited
Email: info@axonex.ai
Telephone: +852 3565-1925

Bookings Surpass 2024’s All-Time Annual Record in Nine Months

  • Exceptional Q3 2026: €2.60 million in new Annual Recurring Revenue (new ARR), up 348% year over year, Sidetrade’s second-best quarter on record, despite Q3 traditionally being the slowest quarter of the year
  • 76% of bookings generated outside France, with North America accounting for 54% of total bookings
  • €7.76 million in new ARR in the first nine months of 2026, up 157% year over year from €3.02 million in the same period of 2025, already exceeding full-year 2025 by 81% and the previous annual record set in 2024 by 19%
  • €29.1 million in Total Contract Value (TCV) of subscriptions signed in the first nine months, up 256% from €8.18 million in the same period of 2025 and 127% above the €12.81 million recorded in the first nine months of 2024

Q3 2026 Revenue Up 22%, Driven by 24% Subscription Growth

  • 72% of subscription revenue generated outside France

Sidetrade, an AI-native company dedicated to Order-to-Cash, today reported €2.60 million in new Annual Recurring Revenue (new ARR) for the third quarter of 2026, a 4.5-fold year-over-year increase (up 348%) and the second-best quarter on record. North America, the Group’s leading region, accounted for 54% of the quarter’s bookings. For the first nine months of 2026, new ARR reached €7.76 million, already 81% above the full-year 2025 total. Third-quarter revenue rose 22% to €18.4 million, driven by 24% growth in subscription revenue.

Olivier Novasque, CEO and Founder of Sidetrade, stated:

“Sidetrade is undergoing the biggest shift in its history, and it is accelerating at the breakneck pace of AI advancement. From founding our Data Lake in 2015, when we decided to collect and structure B2B payment data, to training our proprietary models, which our AI agents now use on nearly $10 trillion in aggregated transactions across more than 45 million buying companies, the leap forward has been enormous. In 2026, we crossed a new technological frontier. Building on everything we had developed over the years, we stopped thinking like a software vendor and became an AI-native company. With SAFE, our agentic AI infrastructure, we control the full technology stack hosted in our private cloud, from the GPU computing power, through our proprietary domain intelligence models, to the rules that govern every decision and every action our AI agents take. Where many vendors have chosen to purchase intelligence from frontier model labs or hyperscalers, exposing their economics to constant fluctuations in token costs, we chose to produce our own intelligence. It is a sovereign industrial decision, one that demands significant capital, engineering, and expertise, but gives us control over our AI, its evolution, and its economics. Control of the data, the models, and the associated AI costs give our customers a new level of sovereignty over how they deploy and use their AI with Sidetrade. Our multi-year contractual commitments on token costs give them visibility on the long-term return of their agents. That control shows up on their invoice. According to McKinsey, 71% of executives view AI sovereignty as an existential concern or a strategic imperative* for their organizations. Our value proposition, unique in the Order-to-Cash market, addresses the growing demands of large enterprises worldwide, as the unprecedented acceleration in our bookings since the beginning of the year demonstrates.”

*Source McKinsey, Sovereign AI: Building ecosystems for strategic resilience and impact, March 3, 2026.

Exceptional Q3 2026
The third quarter of 2026 was Sidetrade’s second-best quarter on record, with €2.60 million in new ARR signed, up 348% from €0.58 million a year earlier (€0.50 million in the third quarter of 2024). Despite traditionally being the slowest quarter of the year, the third quarter of 2026 beat the previous quarterly record set in the second quarter of 2023 (€2.41 million) and ranks just behind the all-time record reached in Q2 2026 (€3.11 million).

Sidetrade
(in millions of euros)
Q3 2026 Q3 2025 Change
New Annual Recurring Revenue (new ARR) 2.60 0.58 +348%
Annual Contract Value (ACV)
Including associated services
4.32 1.91 +126%
Total Contract Value (TCV)
Subscriptions only
10.4 1.81 +473%

2026 figures are based on consolidated, unaudited data.

Exposure to the French Market Continues to Shrink
Geographically, 76% of bookings were signed outside France, with North America alone accounting for 54% of the total. This performance reflects, in particular, the strong reception of Sidetrade’s sovereign AI positioning. In North America, large enterprises are already focused on controlling the inference costs of AI agents, measured in millions of tokens (MTok), and on the economic visibility they need to sustain their investments in agentic AI.

Agentic AI Is Central to Sidetrade’s Commercial Success
In the third quarter of 2026, AI-native products generated €0.78 million in new ARR, accounting for 30% of the €2.60 million in new ARR signed. During the period, 32 new Aimie Cash Collection Agents were sold, versus 26 in the second quarter and 17 in the first quarter of 2026, bringing the total to 75 Aimie Agents ordered since the start of the year. Notably, every new customer signed during the third quarter of 2026 also selected Aimie IQ and Agent Builder Studio. These AI-native products already contribute meaningfully to total bookings. In practice, the growing success of these products, which are embedded in the platform, is helping Sidetrade attract more customers, win more competitive deals, and ultimately secure more bookings. AI is not cannibalizing Sidetrade’s software business. Instead, it is driving more software sales.

Unprecedented Visibility Into Future Revenue
The average initial commitment period for contracts signed in the third quarter of 2026 (excluding renewals) reached a record 56.2 months, up 14% from 49.2 months a year earlier. This extends the trend already observed in H1 2026, when the average initial contract term reached 48.8 months. Until recently, some industry observers were predicting that AI would render software obsolete. Yet customers signed since the beginning of the year have never demonstrated greater confidence in the long-term value of their partnership with Sidetrade. Sidetrade’s value proposition, which combines software, AI agents, and human expertise into a powerful operating model for enterprises, underpinned by sovereign AI that provides long-term cost control, goes a long way toward explaining this strong vote of confidence from large enterprises.

Total Contract Value (TCV) signed in the third quarter of 2026 reached €10.4 million, up 473% year-over-year from €1.81 million. These contractual commitments strengthen visibility into the Group’s future business performance. The contribution of the new contracts to revenue is expected to ramp up from 2027, as deployments progress and revenue is recognized over their contract terms.

Unprecedented Acceleration in Bookings in the First Nine Months

Sidetrade
New ARR
(in millions of euros)
2026 2025 Change
2026
vs. 2025
2024 Change
2026
vs. 2024
Q1 New ARR 2.05 1.28 +60% 1.85 +11%
Q2 New ARR 3.11 1.16 +168% 2.10 +48%
Q3 New ARR 2.60 0.58 +348% 0.50 +420%
Nine-Month New ARR 7.76 3.02 +157% 4.45 +74%

2026 figures are based on consolidated, unaudited data.

In the first nine months of 2026, Sidetrade signed €7.76 million in new ARR, up 157% year over year and 74% compared with the same period in record-setting 2024. This nine-month performance already exceeds total bookings for the full-year 2025 (€4.29 million) by 81% and the 2024 total (€6.53 million) by 19%.

Over the first nine months of the year, Sidetrade signed €29.1 million in Total Contract Value (TCV), subscriptions only over the initial period, up 256% versus the same period of 2025 (€8.18 million) and 127% versus the first nine months of 2024 (€12.81 million).

Q3 2026 Revenue Up 22%, Driven by 24% Subscription Growth

Sidetrade
(in millions of euros)
Q3 2026 Q3 2025 Change
Subscriptions 16.4 13.2 +24%
Revenue 18.4 15.1 +22%

2026 figures are based on consolidated, unaudited data.

Sidetrade maintained strong growth, with revenue of €18.4 million in the third quarter of 2026, up 22%. Subscription revenue grew faster, reaching €16.4 million, up 24%.

This strong growth was driven by the consolidation of ezyCollect by Sidetrade, which strengthens Sidetrade’s presence in Asia-Pacific and in the small and medium-sized business (SMB) segment, with revenue of €2.5 million in the third quarter.

Organic revenue growth (excluding ezyCollect by Sidetrade) was 6% (versus 4% in the second quarter), confirming that the record bookings signed in the first half of 2026 have begun to contribute to revenue. Organic revenue growth is expected to continue accelerating in the fourth quarter of 2026 and to reach double digits in early 2027.

Subscriptions accounted for 89% of the Group’s consolidated revenue, a level that reflects the strength and predictability of Sidetrade’s business model.

International markets continue to account for the majority of the Group’s revenue. In the third quarter of 2026, 72% of subscription revenue was generated outside France. North America accounted for 26% of subscription revenue (nearly the same contribution as France). Asia-Pacific now accounts for 16% of subscription revenue, driven by the consolidation of ezyCollect by Sidetrade, the main growth driver in the quarter.

Next financial announcement
2026 Annual Revenue: January 26, 2027 (after stock market close)

Investor relations @Sidetrade
Christelle Dhrif                 00 33 6 10 46 72 00           cdhrif@sidetrade.com
Media relations @Sidetrade
Oli Thornton                     00 44 7933 108 107           oli.thornton@sidetrade.com

About Sidetrade (www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) is an AI-native company dedicated to Order-to-Cash (O2C). Its platform combines O2C-dedicated applications, autonomous AI agents, and Aimie IQ, an intelligent natural-language interface that helps enterprises accelerate their cash generation, all built on SAFE, the Sidetrade Agentic Framework for Enterprise. Sidetrade operates the world’s largest proprietary O2C Data Lake: nearly $10 trillion in B2B transactions and more than 45 million buying companies. This data is used to train specialized AI models that monitor, analyze, decide, and act autonomously throughout the O2C cycle. Sidetrade supports companies in 85 countries with 450 employees across Europe, North America, and Asia-Pacific.
For more information, visit www.sidetrade.com and follow @Sidetrade on LinkedIn.

In the event of any discrepancy between the French and English versions of this press release, only the French version is to be taken into account.

Attachment

Octopus AIM VCT 2 plc

Net Asset Value

Octopus AIM VCT 2 plc announces that as at 12 October 2026 the unaudited net asset value of the Ordinary shares was approximately 31.7 pence per share.

For further information, please contact:

Andrew Humphries
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800BW27BKJCI35L17

Octopus AIM VCT plc

Net Asset Value

Octopus AIM VCT plc announces that as at 12 October 2026 the unaudited net asset value of the Ordinary shares was approximately 39.8 pence per share.

For further information, please contact:

Ronan Goggin
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800C5JHJUQLAFP619

BRISBANE, Australia, Oct. 20, 2026 (GLOBE NEWSWIRE) — North American lithium producer Elevra Lithium Limited (ASX:ELV; NASDAQ:ELVR) (“Elevra” or “Company”) advises that the Company’s September 2026 Quarterly Activities Report is scheduled for release on Tuesday, 27 October 2026.

The Company will host an investor webcast covering the September 2026 Quarterly results commencing at 9:30am AEDT (Sydney) on Tuesday, 27 October 2026 (6:30pm EDT on Monday, 26 October 2026).

Shareholders and investors are invited to listen via a webcast service. To listen live, please click on the link below and register your details: https://webcast.openbriefing.com/elv-qtr1-2027/.

Written questions may be submitted via the webcast platform. A direct link is also available from the Elevra website: https://elevra.com.

This link will also provide access to the archive version that will be available approximately two hours after completion of the webcast. Please note that it is best to log on at least five minutes before the scheduled commencement time to ensure that you are registered in time for the call.

Announcement authorised for release by Elevra’s Managing Director and Chief Executive Officer.

For more information, please contact:

Andrew Barber
Investor Relations
PH: +61 7 3369 7058

Recognized for leadership in resilient connectivity, grid edge intelligence and advanced distribution operations

  • Eversource wins the 2026 Itron Innovator Award for advancing AMI beyond meter reading.
  • Recognized for modernizing grid operations with resilient connectivity and grid edge intelligence.
  • Utility is also evaluating partner-powered EV Awareness distributed intelligence applications to strengthen grid planning.

LIBERTY LAKE, Wash., Oct. 20, 2026 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, announced that Eversource, New England’s largest energy provider serving more than 4.4 million customers, is the recipient of the 2026 Itron Innovator Award. The award recognizes an Itron customer that demonstrates innovation through the use of Itron solutions and the Itron technology partner ecosystem. Eversource was selected for creating a practical blueprint for utility modernization, moving advanced metering infrastructure (AMI) beyond meter reading and toward an open, adaptable platform. The company received the award at Itron Inspire 2026, Itron’s premier customer-focused event.

Eversource was recognized for several initiatives, including:

  • Resilient Connectivity: To address variable network conditions across its service territory, Eversource worked with Itron and three of Itron’s strategic communication technology partners, AT&T, KORE Wireless and Verizon Wireless, to develop a multi-carrier eSIM solution, including the deployment of Itron Intelligent Connectivity and Managed Cellular Backhaul. The solution allows Itron GenTM5 Cellular Access Points to automatically switch to an available cellular network when conditions change, reducing single-carrier risk and supporting continuous connectivity for utility operations.
  • Advanced Grid Operations: Eversource is working with Itron and GE Vernova on a planned pilot focused on bringing voltage and transformer-level insights into its Advanced Distribution Management System. The collaboration is intended to help improve voltage performance, identify potential issues earlier and make more effective use of existing grid assets. The current scope is expected to use data from approximately 25,000 meters and more than 3,700 transformers to support Volt/VAR Optimization and help operators better monitor and respond to changing grid conditions.
  • EV Awareness: Eversource is also evaluating EV Awareness applications from Itron’s distributed intelligence Partner Ecosystem. Running directly on next-generation Itron smart meters, the applications identify when and where EV charging occurs, providing real-time insight for grid planning and operations teams. The utility is using the pilot to better understand charging behavior and assess how grid edge intelligence can help address the growing impact of EV adoption on the distribution network.

Together, these efforts reflect Eversource’s broader approach to turning connected grid data into actionable intelligence across its operations and enables the utility to provide more reliable, higher quality and more insightful service to Eversource customers.

“At Eversource, we’re focused every day on keeping costs as low as possible for customers while ensuring safe, reliable service in the face of growing demand from electrification and large-load users in an increasingly complex operating environment and energy landscape with non-negotiable customer expectations,” said Penni Conner, Eversource Executive Vice President of Customer Experience and Energy Strategy. “We’re proud to be recognized for a customer-first approach to building upon our existing AMI network and constantly pursuing new capabilities that can support grid operations and provide greater visibility across our system – ultimately benefiting our entire region. Our priority has always been delivering safe, reliable service to our customers with an ever-present focus on affordability, and our collaboration with industry partners is critical to our ability to deliver on that commitment.”

“Utilities are looking for new ways to get more value from their infrastructure and use data more effectively across their organizations,” said Ben Huggins, senior vice president of Customer and Market Experience at Itron. “Eversource is doing exactly that, demonstrating how utilities can evolve AMI beyond its traditional role and leverage it as a foundation for intelligence at the grid edge. We are proud to recognize Eversource for its use of Itron solutions and the Itron technology partner ecosystem to advance its modernization efforts, and we look forward to continuing our collaboration in the years ahead.”

About the Itron Technology Partner Ecosystem

The Itron technology partner ecosystem helps utilities accelerate innovation by connecting Itron’s solutions with complementary technologies. Through this collaborative approach, customers can address evolving operational challenges, maximize existing investments and turn data into actionable intelligence.

To learn more about the Itron technology partner ecosystem, visit Itron Partners.

About Itron

Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.

Itron® and the Itron Logo are registered trademarks of Itron, Inc in the United States and[/or] other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

For additional information, contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com

Itron, Inc.

West Palm Beach, FL, Oct. 20, 2026 (GLOBE NEWSWIRE) — Terminal1, the operating system built for public companies, announced today that Scorpio Gold Corp (NASDAQ:SGLD) has joined the Terminal1 platform

Scorpio Gold Corp (NASDAQ:SGLD)  joins Terminal1 as the platform continues expanding its footprint across the public markets

[West Palm Beach , FL] — October 20, 2026 — Terminal1, the operating system built for public companies, announced today that Scorpio Gold Corp (NASDAQ:SGLD)  has joined the Terminal1 platform.

Scorpio Gold Corp will utilize Terminal1’s integrated suite of shareholder intelligence, investor communications, and digital investor relations tools, giving the company a centralized platform to better understand its shareholder base, communicate with investors, and measure engagement across its investor ecosystem.

The addition of U.S Gold Corp represents another step in Terminal1’s continued expansion as public companies increasingly look to consolidate traditionally fragmented investor relations functions into a single system.

“Public companies have historically relied on multiple vendors, disconnected data, and separate platforms to manage their investor ecosystem,” said Wesley De Souza, CDO, Terminal1. “Terminal1 was built to bring those functions together. We’re excited to welcome Scorpio Gold Corp to the platform and continue demonstrating how shareholder data can be transformed into actionable intelligence.”

Through Terminal1, companies can access a growing suite of capabilities including:

  • Shareholder Intelligence — Normalize and analyze shareholder and NOBO data to identify ownership trends, active buyers and sellers, shareholder concentration, geographic distribution, and changes over time.
  • Investor Communications — Manage email and SMS communications from a centralized platform while tracking delivery, engagement, and subscriber activity.
  • IR Website & Analytics — Manage a company’s investor-facing digital presence while measuring investor behavior, traffic sources, engagement, and conversions.
  • Integrated Investor Data — Connect shareholder ownership, communications, and digital engagement to provide management teams with a more complete view of their investor ecosystem.

The platform is designed to provide CEOs, CFOs, investor relations teams, and other public-company executives with greater visibility into not only who owns their stock, but also how investors are interacting with the company.

“Adding Scorpio Gold Corp (NASDAQ:SGLD) is another important milestone for Terminal1,” added De Souza. “Our goal is straightforward: give public companies one system to understand their shareholders, communicate with the market, and measure what is actually driving investor engagement.”

Terminal1 continues to expand its public-company customer base as it builds out additional capabilities across shareholder intelligence, communications, analytics, and investor relations infrastructure.

About Terminal1

Terminal1 is an operating system built for public companies. The platform brings together shareholder intelligence, investor communications, IR website infrastructure, and investor analytics within one centralized system.Terminal1 helps public companies better understand their shareholders, engage their investor audience, and turn investor data into actionable insights.

For more information, visit www.terminal1.ai.

About Scorpio Gold Corp (NASDAQ:SGLD)

  • Single-asset focus: Capital and technical attention concentrated on the Manhattan District.

  • Active drilling: Phase Two drilling across multiple Manhattan target areas.

  • Active program: Phase Two is planned to complete a minimum of 50,000 meters of drilling.

For more information, visit https://www.scorpiogold.com

Media Contact

Terminal1, A Lumus AI Company

Sally Pritchard

sally@terminal1.ai

www.terminal1.ai

Book a Demo 

Summary of Coop Pank’s webinar introducing the unaudited financial results for Q3 2026

On Tuesday, 20 October 2026 at 9:30 am (EEST), Coop Pank AS held a webinar where the Chairman of the Management Board, Arko Kurtmann, and the Chief Financial Officer, Paavo Truu, introduced the bank’s unaudited financial results for the third quarter of 2026. The webinar was held in Estonian.

Coop Pank would like to thank all participants. The webinar recording is available here: https://youtube.com/live/2Z970dozLMM.

Coop Pank’s unaudited financial report for Q3 2026 and the presentation are available here: https://www.cooppank.ee/en/investor/reporting.

Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 240,600 everyday banking clients. Coop Pank leverages the synergy between retail and banking to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising over 330 stores.

Additional information:
Ave Tammeniit
Communication Manager
Tel: +372 5887 4828
E-mail: ave.tammeniit@cooppank.ee

First-to-market Eataly, Seafood City and Din Tai Fung locations highlight growing roster of experience-forward dining and food-related concepts

Macerich - Destination Dining: Photos of recent dining additions to the Macerich portfolio.

A Media Snippet accompanying this announcement is available by clicking on this link.

SANTA MONICA, Calif., Oct. 20, 2026 (GLOBE NEWSWIRE) — Macerich (NYSE: MAC) is accelerating restaurant leasing across its Class A shopping center portfolio, bringing a growing roster of destination dining, international food brands and experience-forward concepts to top U.S. markets as the retail REIT leader continues to elevate and transform its top-quality properties.

New and upcoming openings include first-to-market locations for Eataly, Seafood City, Din Tai Fung, Telefèric Barcelona and other sought-after brands at Macerich properties nationwide, from Tysons Corner Center in metro Washington, D.C., to Scottsdale Fashion Square in Arizona.

As a leading owner, operator and developer of major retail properties in top markets, Macerich views dining as an increasingly important part of the tenant mix, creating more reasons to visit, stay longer and return more often while strengthening traffic and productivity for retailers throughout the property. The Macerich strategy reflects broader shifts in how consumers use shopping centers. In August 2026, indoor mall traffic rose 5.0% year over year while average visit duration also increased, with Placer.ai pointing to the growing role of dining, attractions, events and placemaking. Dining is particularly important to younger shoppers: CBRE reports that 33% of Gen Z consumers want to eat as part of a shopping outing.

“The strongest restaurant brands are looking for top-drawing locations where they can become part of the destination, not simply occupy a space,” said Guy Mercurio, Vice President of National Restaurant Leasing at Macerich. “Our portfolio gives restaurants access to high-quality markets at properties where dining, retail and entertainment work together to drive traffic and increase dwell time. That is helping us attract both established global names and distinctive emerging concepts.”

Scottsdale Fashion Square: A Magnet for First-to-Market Dining
Arizona’s luxury powerhouse Scottsdale Fashion Square continues to evolve as a dining destination, where Nobu and Ocean 44 have long drawn affluent guests. In just the past year, since September 2025, four exciting, high-profile restaurant concepts have opened at this jewel of a property:

  • CATCH – First Arizona location of this seafood, sushi and steak concept
  • Din Tai Fung – First Arizona location of the Michelin-recognized soup dumpling brand
  • Society Swan – Inaugural location of new Sam Fox/Fox Restaurant Concepts American brasserie
  • Telefèric Barcelona – First U.S. location outside California for the tapas/paella concept

Tysons Corner Center: Destination Dining Anchors Transformation
Tysons Corner Center in Northern Virginia is continuing to evolve to include additional mouthwatering food and dining experiences, including:

  • Maggiano’s Little Italy – Opened June 2026 in a new 17,000-square-foot location
  • Eataly – First D.C.-region location with two levels of seated restaurants, quick-service counters and an Italian marketplace, opening fall 2027
  • Din Tai Fung – Cult-favorite Taiwanese dumpling concept is committed to the property (opening timing to be announced)

Chandler Fashion Center: Creating a New Dining and Entertainment District
Macerich is bringing fresh energy, bold flavors and reimagined gathering spaces to Chandler, Arizona, with a redeveloped outdoor district centered around dining and entertainment. New and coming soon:

  • Seafood City – First Arizona location of the 66,000-square-foot Filipino supermarket/food hall opened July 2026
  • Din Tai Fung – Second Arizona location coming in 2027
  • La Popular Cocina Mexicana – First Arizona location bringing the flavors and energy of Mexico City in fall 2027
  • Wagyu House – First Arizona location of the all-you-can-eat yakiniku and shabu-shabu concept coming in 2027

Restaurant Leasing Momentum Extends Across the Portfolio
Across Macerich’s portfolio, other notable additions include:

  • Fogo de Chão has announced new locations coming to three Macerich properties: Freehold Raceway in Freehold, New Jersey; Green Acres in Valley Stream, New York; and Crabtree in Raleigh, North Carolina.
  • The Cheesecake Factory is set to open at Green Acres in 2026.
  • At HiFi at FlatIron Crossing in Broomfield, Colorado, Memoir – An American Grill, Blue Sushi Sake Grill and Shake Shack will join this all-new, all-outdoor, 25-acre live-stay-eat-play destination attached to the enclosed mall, along with the 40,000-square-foot Pindustry eatertainment concept and numerous other eateries. The mixed-use destination is set to open in phases beginning in 2027.

About Macerich
Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale and the Metro New York to Washington, D.C., corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 39 million square feet of real estate, consisting primarily of interests in 37 retail centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. For more information, please visit www.Macerich.com.

MACERICH MEDIA CONTACT: Arun Khosla, VP Corporate Communications, Arun.Khosla@macerich.com

RICHMOND, VA, Oct. 20, 2026 (GLOBE NEWSWIRE) — CarMax (NYSE: KMX) has been named as one of the 2026 Fortune Best Workplaces in Retail™ for the 12th consecutive year, ranking #6 in the large company category. This award underscores CarMax’s commitment to creating a workplace where associates feel valued and supported, empowering them to grow, contribute, and do their best work.

Key Facts

  • Company: CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used vehicles, headquartered in Richmond, Virginia.
  • Recognition: Named one of the 2026 Fortune Best Workplaces in Retail™ in the large company category, ranking #6.
  • Presented by: Fortune and Great Place To Work®, based on employee survey data.
  • Milestone: CarMax’s 12th appearance on the Fortune Best Workplaces in Retail™ list.

“Being named to this list is meaningful because it’s based on feedback that comes directly from our associates,” said Craig Cronheim, CarMax Chief Human Resources Officer. “The way CarMax associates show up for one another, and our customers, is at the heart of the culture we’re so proud of.”

About the 2026 Fortune Best Workplaces in Retail Award
The Best Workplaces in Retail list highlights organizations excelling in creating positive, inclusive, and engaging environments. Great Place To Work, the global authority on workplace culture, determines its lists using its proprietary Trust Index™ Survey to evaluate and certify thousands of organizations in America’s largest ongoing annual workforce study, based on over 1.3 million survey responses and data from companies representing more than 7.3 million employees.

“Congratulations to the Fortune Best Workplaces in Retail,” says Michael C. Bush, CEO of Great Place To Work. “People are at the heart of work in every industry, and retail is no exception. Our research shows that delivering for your people builds resilience to navigate change and confidence to win.”

Recent Recognitions

  • People Companies That Care annually recognizes companies for their ability to care for employees, families, and the communities where they operate. CarMax has been recognized on this list seven times and was ranked 70th in 2026.
  • Fortune Magazine’s “100 Best Companies to Work For®” annually recognizes the best companies to work for in the country. CarMax has been recognized on this list for 22 consecutive years and was ranked 56th in 2026.
  • The CIVIC 50 annually recognizes the top community-minded companies in the United States for their excellence in employee volunteering, community investment, and social impact strategy. CarMax was recognized on this list for the first time in 2026.
  • Military Friendly® annually measures an organization’s commitment, effort, and success in creative sustainable and meaningful benefits for the military community. CarMax received the Bronze designation in 2026, marking the company’s 10th time receiving this recognition.

About CarMax
CarMax, the nation’s largest retailer of used autos, has earned customers’ trust for more than 30 years by leading with integrity, transparency and honesty. CarMax continues to redefine car buying and selling for millions of customers, delivering the easy and confident experience they love. CarMax has more than 255 store locations, approximately 28,000 associates, and is proud to have been recognized for 22 consecutive years as one of the Fortune 100 Best Companies to Work For®. During the fiscal year that ended February 28, 2026, CarMax sold approximately 780,000 used vehicles and 540,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated $8 billion in auto loans during fiscal 2026, adding to its $16 billion portfolio. CarMax is committed to helping its communities thrive and reducing the environmental footprint of its operations. Learn more in the 2026 Responsibility Report. For more information, visit www.carmax.com.

CONTACT: Public Relations
CarMax
(855) 887-2915
PR@carmax.com

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