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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM July 8, 2011

National Janitorial Solutions
Provisioned Services, Inc.
Nationwide Interior Contractors
June retail sales top forecasts
Los Angeles Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Retailers beat June Gloom last month, delivering surprisingly strong sales results thanks to lower gas prices, widespread discounting and warm weather, which led many shoppers to hit the stores for summer clothing. Major chain stores posted a 6.5 percent year-over-year increase in sales, better than the 4.9 percent that analysts had been expecting, according to Thomson Reuters' tally of 25 retailers. Every retail category, including discounters, department stores and apparel sellers, posted gains that beat estimates. More
Related story:  Father's Day boosts June apparel sales (CNBC)

Miner acquires US Emergency Glass Services
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Miner Fleet Management Group, an affiliate of Miner HoldingCompany, announced the acquisition of United States Emergency Glass Services, a leading national provider for storefront repair and maintenance including glass, doors and locks. The acquisition of USEG gives Miner a leading presence in North America. More

Do you have stores in Canada? Do you have the tools, vendors and solutions you need for proactive facilities planning?
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Whether your brand is just starting out in Canada or you are a seasoned Canadian retailer, you'll benefit from PRSM's Canadian Conference. Networking and learning from leading vendors and retailers who understand your facility challenges is crucial to a successful facilities management department.

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Ross shows discounter dominance with 1,000th Dress for Less store
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ross Stores will celebrate this month the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif. Ross Stores' announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy. More

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The nation's retail power players 2011
Stores magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
These are the times that test retailers' mettle. The recession is over — and has been for nearly two years — but high unemployment and under-employment and persistent problems in the housing market continue to keep consumer spending in check. More

Retailers value in-store technologies to compete with the Internet
RetailWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
High consumer expectations because of the significant improvements in online services has caused retailers to turn to technology to make shopping in-store as appealing as shopping online. More

Borders says Najafi bids $215.1 million for stores, debt
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Borders Group Inc., the bankrupt bookstore chain, agreed to sell its business to Najafi Cos.' Direct Brands LLC, a direct marketer that owns Book-of-the-Month Club. The deal, which still requires an auction to test for higher bids, would save Borders from liquidation, the bookstore said in court papers. More

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Walgreens' June sales beat analyst expectations
Drug Store News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walgreens' stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning thanks to favorable same-store sales growth of 4.8 percent for the month of June versus an analyst consensus estimate of 2.8 percent. Much of that sales growth can be traced to the front-end, as Walgreens posted 4.7 percent increased sales across comparable stores against tougher year-over-year comparisons. More

Kohl's key revenue figure up in June
The Associated Press via Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kohl's Corp. said revenue at stores open at least a year jumped 7.5 percent in June, more than twice the increase analysts were expecting, as weather turned warm and department store shoppers scooped up summer clothing. More

Pop-up mall
Stores magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Word out of London is that the world's first pop-up mall will debut next month. Boxpark, as it's being called, will consist of some 60 recycled shipping containers stacked to form a two-story shopping center in the city's Shoreditch area. It will house more than 50 small stores — all independent brands, according to the project's website. The brands are being selected and offered space by invitation only. More

The Body Shop backs carbon tax
Inside Retail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The companies representing the infrastructure, energy, technology and retail sectors say a carbon price, with "cost-effective complementary measures", is critical to cutting emissions and ensuring Australia remains globally competitive as the rest of the world reduces emissions. More

Consumer confidence up, but Canadians don't feel they're out of the woods, yet
Gifts and Tablewares    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Results of the just-released TNS Consumer Confidence Index for June reveal that while Canadian consumers show increasing signs of optimism about the economy, concerns about continuing high gas prices and the recent stock market drop mean that they don't think they're out of the woods quite yet. More
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