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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Oct. 21, 2011

Freshco Retail Maintenance
Lennox Industries
The Guardian
Americans not spooked by the economy
for Halloween

Reuters    Share   Share on FacebookTwitterShare on LinkedinE-mail article
A stalled economy hasn't spooked Americans out of enjoying Halloween. Nearly three-quarters of U.S. consumers plan to celebrate, but will spend less this year on costumes and candy. Although more people will be taking part in Halloween, the biggest non-gift giving holiday in the United States, this year than last, they will be economizing. The average spend is expected to be $53, down from $73 in 2010, according to the American Express Spending & Savings Tracker. More

Canadian Tire gets back to its roots
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It doesn't smell much like tires and even has a touch of glitz with lit-up shelves, digital screens and a racing car overhead, seemingly suspended from the ceiling. But Canadian Tire's auto store of the future, which launches in three cities within the next two weeks, is the iconic retailer's latest attempt to return to its roots by pumping up its auto business with modern twists. More

Retail crime cost US retailers $41.7 billion in 2011
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shoplifting, employee or supplier fraud, organized retail crime and administrative errors cost the retail industry $41.7 billion in the United States in 2011, representing 1.6 percent in sales, according to the Global Retail Theft Barometer released by Checkpoint Systems. Of that, $18.4 billion was attributed to employee theft, $14.9 billion to shoplifters, $6.6 billion to internal error and $1.8 billion to suppliers. More

Holiday shoppers plan to buy more gifts for themselves
CNBC    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Merry Christmas to me! Holiday shoppers plan to take advantage of the discounts that come along with the Christmas holiday season to stock up on items for themselves, according to the findings a new survey. More

JCPenney sells all its outlet stores
CoStar Group    Share    Share on FacebookTwitterShare on LinkedinE-mail article
SB Capital Group, a Columbus, Ohio-based Schottenstein affiliate, completed the acquisition of 15 JCPenney Outlet Stores from J. C. Penney Company Inc. In preparation for the acquisition, SB Capital Group formed a new retail entity, JC's 5 Star Outlet. While the stores will operate for an extended transitional period as JCPenney Outlet Stores, an evolution will take place over the next 21 months to rebrand the stores as JC's 5 Star Outlet. More

Make the Change. Go Green.
Freshco Retail Maintenance offers complete facilities maintenance and floor programs for large retail chains across Canada and in New England. We are proud to introduce our Green Mile Rebate Program where we provide a monetary kick back per service call. The rebate is based on gas savings created by using more fuel-efficient vehicles. For more information please visit or website at or call 866-353-7374. more

Barnes & Noble expands marketplace beyond books
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Barnes & Noble Inc. is adding new categories including home products and consumer electronics to its online marketplace, the latest move by the retailer to rely less on book sales and compete with e-commerce rivals such as Inc and eBay Inc. Barnes & Noble, the largest U.S. bookstore chain, has largely focused on books for its marketplace. More

Limited Brands defends its international plan
MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail
Limited Brands Inc. said it plans to increase its overseas company-owned and franchised store count by more than half to over 880 by the end of next year from 580 at the start of this year. The company has a total of 2,765 stores, mostly in the U.S. More

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More consumers to use mobile devices to comparison shop this holiday season
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It looks like this year's holiday shoppers have a renewed focus on value and will comparison shop by utilizing smartphones, tablets and mobile applications to make purchasing decisions, according to the latest National Retail Federation Survey. More

Discounter to shutter four stores in Massachusetts
The Boston Globe    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Struggling discounter Filene's Basement is closing four Massachusetts stores — about 15 percent of the chain's locations — by the end of the year. Store employees at the Braintree, Peabody, Saugus, and Watertown sites yesterday confirmed the shops would be shuttered around Christmas and that ongoing sales are final. More

Cleaning Services Group, Inc.

Cleaning Services Group, Inc. is a full-service building services company servicing Office Buildings, Grocery Chains, Cinemas/Theaters, Financial Institutions, Medical Facilities, Educational Facilities & Universities, Commercial Properties, Retail Store Chains, Restaurants, Speciality Facilities, National Accounts, and Distribution Centers.

The future of drugstores: Operators broaden offerings to capture market share
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This summer a new store opened in New York City that created more buzz than retail industry insiders had witnessed in quite a while. The store does not belong to a luxury apparel brand on swanky Madison Avenue, however. It’s a 22,000-square-foot drugstore in Manhattan’s Financial District. More

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Flaherty eyes Canada-US retail price gap
The Canadian Press via    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Finance Minister Jim Flaherty is prepared to look at reducing tariffs and to use "informal persuasive powers" if needed to bridge the Canada-U.S. price gap on consumer goods. The finance minister recently told the opening of Senate committee hearings on the issue that he regards the exercise as more than just posturing. More
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PRSM Weekly
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