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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Apr. 26, 2012

PRSM releases sourcing case studies
for retail facilities

Professional Retail Store Maintenance Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM), the authority on retail, multi-site facilities management, has released the final white paper in the series, titled "Retail Facilities Sourcing Case Studies" providing industry professionals with insight from some of PRSM's top retail members who have gone through FM sourcing transitions. The summaries feature retailers' perception about the transitions and lessons learned. Given that there are no tangible metrics to compare the various sourcing models and given that the exact size of the retailer population that has experienced a sourcing transition is unknown, the results are difficult to quantify absolutely. More

US retailers lead the way as industry globalizes
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
American retailers are proving to have the biggest appetite for global expansion. U.S. retailers represent the majority of this group, which also includes firms based across North, Central and South America. Nearly three-fourths of the American retailers surveyed, 73 percent, currently have a presence in all three regions — the Americas, EMEA and Asia Pacific — compared to 44 percent of EMEA-based retailers and 23 percent of retailers from Asia Pacific with a presence in those three regions. More

NRF: Despite gas prices, Mother's Day spending will rise this year
Retail Customer Experience    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Riding the coattails of a spring where they spent freely on everything from garden supplies and home décor to colorful fashions, consumers will stretch their dollars a little further this Mother's Day to make sure mom has the perfect day. According to NRF's 2012 Mother's Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion. More

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You've got a Target? We're in
Winnipeg Free Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The jockeying for position has begun as local retailers gear up for next year's game-changing arrival of Target Corp. Kildonan Place Shopping Center, one of the five shopping centers in Manitoba, Canada, that will be getting a Target store, recently signed two new tenants — River City Sports and State & Main Kitchen and Bar. In both cases, one of the reasons they're coming to the mall is because Target is coming to the mall, said Kildonan Place general manager Peter Havens. More

Applying the right roof coating to the right roof    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In today's building industry and economy, we all want to get the most value out of what we purchase. Therefore, when you make a large investment like a roof, it becomes critically important to protect the investment through proper maintenance to ensure you will get the longest possible life out of your roof system. Due to increased labor costs and the environmental considerations of a roof tear-off, roof coatings and roof restoration systems are becoming a more popular option. According More

China tops world in shopping mall construction
MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
China dominates the world in terms of shopping-mall construction, with some cities little-known in the West throwing up retail centers on a scope unmatched anywhere else in the world, as developers place high expectations on the spending power of the Chinese consumer. More

NRF urges Senate committee to support sales tax fairness bill
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Retail Federation urged a Senate committee examining federal tax reform to support legislation that would require Internet retailers to collect sales tax the same as local merchants. More

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H&M's expansion in Latin America begins in Mexico
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
H&M is taking its first steps into Latin America. Later this year, the Swedish fast fashion retailer will open its first location in Mexico City's Centro Santa Fe mall. With 2,500 stores in 44 countries and counting, make that a giant leap as the Centro Santa Fe location will be one of H&M's largest outlets. This is fitting in the mall that touts itself as the largest in the country boasting 300 shops and anchored by such upscale department stores as Palacio de Hierro and Saks Fifth Avenue. More

Retail market improves and polarizes
Crain's Chicago Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The improving retail leasing market in the Chicago area has some landlords belting out "Happy Days Are Here Again" and others others still singing the blues. First-quarter retail vacancy rates dropped to 9.3 percent, down from 9.5 percent in the fourth quarter and 9.9 percent year earlier, according to CBRE Inc. It's the eighth straight quarterly decline since the rate peaked at 12.1 percent in early 2010. More

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Equal opportunity panel updates hiring policy
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Equal Employment Opportunity Commission approved an updated policy that makes it harder for employers to use background checks to systematically rule out hiring anyone with a criminal conviction. The commission said that while employers may legally consider criminal records in hiring decisions, a policy that excludes all applicants with a conviction could violate employment discrimination laws because it could have a disparate impact on racial and ethnic minorities. More

New guide illustrates how to measure carbon footprint
Today's Facility Manager    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Carbon has become the currency of the sustainability movement, impacting energy management, waste handling, air quality, environmental stewardship, and a host of other sustainability issues. In the U.S., about 40 percent of carbon emissions can be attributed to the construction, operation, and maintenance of buildings — a fact that places much of the responsibility for carbon footprint management on facility professionals. More

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Sears Canada sells off Cantrex Group
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sears Canada Inc. has agreed sell its Cantrex Group operations to Nationwide Marketing Group. Sears Canada will maintain ownership of appliance brand Corbeil Electrique. More

Wal-Mart first-ever retailer to launch online 'pay with cash' option
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-mart has launched a "Pay with Cash" service that offers cash payment options for online orders at in the United States. Wal-mart is the first major retailer to offer online purchases without the need for banking services or a credit, debit or prepaid card. More
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PRSM Weekly
Colby Horton, Vice President of Publishing, 460.420.2601   Download media kit
Yvette Craig, Sr. Content Editor, 469.420.2641   Contribute news
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