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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM June. 17, 2011

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PRSM partners with The Institute for Building Efficiency on EEI survey.   
Results show markets are moving toward energy efficiency

PRSM    Share   Share on FacebookTwitterShare on LinkedinE-mail article

Professional Retail Store Maintenance Association (PRSM) members responsible for energy use and real estate recently participated in the 2011 Energy Efficiency Indicator (EEI) survey about their management practices, investment plans, technology integration and financing approaches.

The 2011 EEI is the fifth annual survey of global executives and building owners responsible for energy management and investment decisions in commercial and public-sector buildings. The survey tracks their priorities, practices, investment plans, and financial evaluation criteria to understand the projects they are implementing, the drivers of action, and the barriers they face. In 2011, the survey reached a record number of nearly 4,000 respondents targeting 13 countries on six continents and was offered in eight languages.

1st Choice Industries wins Small Business of the Year Award
Maddux NewsWire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
1st Choice Industries, a premier provider of construction, property management and business solutions, has been awarded the 2011 Frank G. Berlin, Sr., Small Business Award by the Greater Sarasota Chamber of Commerce in Florida. 1st Choice Industries CEO Gary Simone accepted the award during the recent Small Business Awards luncheon ceremony at the Hyatt Regency Sarasota.

Where others have gone without success, J.C. Penney goes again
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Reinventing retailing, as many chains have learned, is not easy. Yet J. C. Penney is setting out to rethink the shopping experience. More

US wants greener commercial buildings
UPI    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Commercial buildings consume about one-fifth of U.S. energy supplies and the Energy Department said appraisers need better ways to assess energy performance. The U.S. Energy Department announced that it was teaming with The Appraisal Foundation to find ways to ensure that appraisers have the right information to evaluate energy performance when conducting commercial building appraisals More

US retail port traffic seen edging up through July
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cargo volume at major U.S. retail container ports should be nearly flat through July as slowing consumer spending has led retailers to cut back on inventory and orders. May traffic at ports followed in the global Port Tracker report from the National Retail Federation and Hackett Associates rose only an estimated 0.3 percent from a year earlier. That followed a 7 percent increase in April. More

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Borders deal may avoid some store closings
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Borders Group Inc., the bankrupt bookstore chain, said it may have a deal with lenders and creditors to avoid closing as many as 51 stores, and it canceled an auction, according to a bankruptcy court filing. More

US retailers and developers seek expansion opportunities in Great White North
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Although U.S. retailers and developers have targeted Canada for years, the race to expand up North has accelerated in recent months with a growing number of firms forming joint ventures, completing targeted acquisitions and exploring other avenues in attempts to quickly build footholds. More

Wal-Mart plans to accelerate openings of mid-sized stores
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc., the world's biggest retailer, plans to accelerate the opening of its mid- sized Walmart Market stores, said U.S. stores chief Bill Simon. Wal-Mart will open 90 to 100 of the stores in the year ending in January, and have 300 by fiscal 2013, Simon said today at the William Blair & Co. Growth Stock Conference in Chicago. In May, the retailer said it would roll out as many as 40 this year. More

Pier 1 nearly doubles first-quarter profit
Fort Worth Star-Worth    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Pier 1 Imports nearly doubled its first-quarter profit, as the company increased sales and profit margins and leveraged expenses. "We are very pleased with the results of our first quarter," Alex Smith, Pier 1's CEO, said in a release. "We continue to see the strength and sustainability in all aspects of our business top-line sales growth, strong merchandise margins, prudent cost controls, operating margin improvement, a strong balance sheet and ongoing cash generation." More

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Consumers likely putting off back-to-school shopping
Drug Store News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Back-to-school shopping likely will take place even later this year than in 2010, as consumers hope to score last-minute deals, the latest forecast from PriceGrabber revealed. More

Best Buy beats street despite Q1 profit slump
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Best Buy reported that net income for the first quarter fell 12 percent to $136 million, or 35 cents per diluted share, hurt by increased promotions and lower demand for such items as flat-panel televisions and digital cameras. But strong showings in China, mobile phone sales and online performance pushed helped to boost profit and revenue past analyst estimates. More

Tornado lessons could lead to stronger buildings
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
To most people, the leveled buildings, splintered wood and twisted metal created by tornadoes are sad remnants of the storms' destructive power. To structural engineers, they are clues. More

Gap and Talbots closing over 300 combined stores
RIS News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Facing decreases in same-store sales and shrinking customer bases, Gap and Talbots are planning to close a combined 300-plus stores over the next two years. By 2013, Gap plans to close 200 of its 900 locations, 22 percent of its current total, and Talbots will shutter 110 of its 580 units, a 19 percent decrease. More
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PRSM Weekly
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