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Top 100 Retailers: The nation's retail power
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STORES (July 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
T he retail industry is a many-splintered thing, with the variations clearly showcased in the annual STORES Top 100 Retailers report. Big-box retailers, from No. 1 Walmart to No. 27 Meijer, are shrinking store sizes, even as other operators — notably No. 28 Dollar General and No. 48 Menard — are opening larger units. More

PRSM's Ethics Committee recommends and the Board of Directors approves a three strikes policy
PRSM (June 13, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association is proud of the ethical standards and guidelines held by our members and enforced by your Ethics Committee. The Ethics Committee, made up of dedicated retail and vendor members, recommended a three strikes policy to the Board of Directors. After much review and debate, the following policy was adopted by PRSM Association. More

Retailers dismayed by Supreme Court decision
National Retail Federation (June 28, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Retail Federation released the following statement from NRF President and CEO Matthew Shay on the Supreme Court’s decision on the Affordable Care Act: "As the voice of retailers of all types and sizes, we're disappointed by the June ruling. The court missed an opportunity to redress the many shortcomings of the law." More

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FacilitySource receives investment from Warburg Pincus
PRSM (Feb. 1, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
FacilitySource, a leading global provider of facility maintenance and management solutions to retailers and other multi-site operators, announced in February that Warburg Pincus, a leading global private equity firm focused on growth investing, has acquired majority ownership in FacilitySource. Terms of the transaction were not disclosed. FacilitySource manages over 60,000 facilities worldwide via an elite service provider network, representing over $1 billion in aggregated spend each year. The company has grown rapidly since taking its solution to market in 2005, averaging 25-30 percent growth in each year. FacilitySource is poised to accelerate this growth with the backing of Warburg Pincus. More

Why J.C. Penney will be the most interesting retailer of 2012
Forbes (Jan. 26, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
J.C. Penney just blew up its brand — in a good way — thanks to a new management team with some radical new ideas. J.C. Penney is about to be the most interesting retail story of the year. Late last year, J.C. Penney began building a dream team with Ron Johnson — the man who launched Apple's retail stores — as its new CEO. Johnson cut his retail teeth at Target and from there he poached Michael Francis to serve as J.C. Penney's new president. Francis is largely responsible for Target's branding and marketing efforts. More

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Professional Retail Store Maintenance Association honors industry professionals with Retail Facilities Maintenance 2012 Awards
PRSM (April 20, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM), the authority on retail, multi-site facilities management, honored its 2012 Annual Award recipients. The awards ceremony was held in conjunction with the PRSM2012 National Conference morning keynote session on April 20 at the Hilton Anaheim Hotel in Anaheim, Calif. The professionals honored are first nominated by their peers for recognition, and then a committee of past winners determines award recipients. "The 2012 PRSM Awards Program is the most prestigious recognition a member can achieve," said Paul Walsh, 2012-2013 president of the PRSM Board of Directors. More

PRSM releases sourcing case studies for retail facilities
PRSM (April 25, 2012)    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

Top US retail brands revealed
Retailing Today (Feb. 21, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While Walmart maintained the No. 1 position on Interbrand's U.S. Most Valuable Retail Brands list for 2012, several other retailers are moving up the ranks. Although Walmart touts a value that's more than $139 billion, this year also marked a 2 percent decrease for the big box retailer, Interbrand said. Second on this year's list was Target, which holds a value of $23 billion, a 1 percent increase over last year. More


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PRSM says goodbye to longtime friend, Ron Eigenbrod
Montano-Shea Funeral Home via PRSM (Jan. 6,2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ron Eigenbrod, 59 — avid adventurer, outdoorsman, gentleman farmer and founder & CEO of Lightstat, Inc. — died suddenly at his New Hartford, Conn., home on Christmas Eve of a heart attack. Born on April 12, 1952 in Hanover, N.H., Mr. Eigenbrod lived the first few years of his life near the farm of his maternal grandparents in Woodstock, Vt., before moving to Suffield, Conn., where he grew up and attended high school. He worked for several years in the energy industry before founding his own company in 1983, Lightstat Inc. in Pleasant Valley, Conn. Lightstat quickly grew to have an influential presence in the energy conservation industry and sold its light-activated temperature control systems to customers internationally. More

Toys 'R Us CEO: Why brick-and-mortar stores will trump online in end
MSNBC (Sept. 25, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even as more retail purchases are made online, it is the brick-and-mortar stores that will win out in the end, said Toys ’R Us Chairman Jerry Storch. "The world is evolving," Storch said during an interview with CNBC's Squawk Box. "The Internet is transformational, but it's not just the exclusive playground of Internet-only companies," he said. "In fact, it's the stores that are going to win in the end because of the physicality. Everything that's going on the Internet is about mobile and about physical, the ability to see what's going on in my neighborhood and act on it immediately." More

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Target, Starbucks and Costco are among America's 25 Most Inspiring Companies
Forbes (Oct. 5, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Here are America's 25 most inspiring companies, based on a recent survey by Performance Inspired, Inc., an Atlanta-based consulting and training firm that helps organizations elevate performance through the science of inspiration. More

While other department stores struggle, Kohl's keeps growing
The Hartford Courant (Aug. 6, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With the dog days of August still looming, Joe Korb was in need of a pair of shorts. To find the ones he wanted, the 61-year-old truck driver knew exactly where to go: Kohl's in Rocky Hill, Conn. Kohl's Corp., a discount department store chain that operates more than 1,100 stores nationwide, plans to open 10 new stores this fall — three of which will welcome Connecticut shoppers in Berlin, New Milford and Killingly and bring about 375 jobs to the area. More

Retail USA in 4 years
MediaPost (March 21, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to a Whitepaper from Nielsen, What's In Store, In-Store For U.S. Retail In 2016, presented by Todd Hale, Senior Vice President, Consumer & Shopper Insights, traditional mass merchants and supermarkets have yielded share to value channels (club, dollar, and supercenter) and drug stores, prompting a series of changes, including format blurring, new marketing outreach techniques and shopper entertainment. More

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Image continues to embrace cutting edge technology in order to meet the budget challenges of the US retailer while raising the bar for service delivery. MORE

What does a facility manager manage?
Buildings (Nov. 5, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The question is paradoxical in nature, because although the answer is simple and finite in one regard – i.e., "the facility" – it is actually vast and seemingly endless. As budgets continue to tighten, and with increasing regulations dictating decisions, it is helpful to analyze the wide-reaching responsibilities of facilities management teams. More

Online shopping won't kill bricks-and-mortar stores, Whistler conference told
The Vancouver Sun (Jan. 24, 2012)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shopping online is growing at an astronomical rate in North America, but that doesn't mean the imminent death of traditional bricks-and-mortar stores, panelists told a conference on shopping centres in January. In fact, smart retailers who have a strong presence online are finding themselves in better shape than many stores that stick to a traditional model, according to James Smerdon, director of retail and strategic planning for Colliers International. More

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Proper maintenance of your facilities is a crucial part of running a business. A failure here can harm your brand and customers. This is why you should never sacrifice comprehensive facilities maintenance for cost savings. Review our free white paper today to learn “The Best Practices in Facilities Maintenance.” MORE
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