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Report: Most retailers using energy management in over half their stores
Environmental Leader
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Some 63 percent of retailers now have an energy management system in at least 50 percent of their stores, according to a report by retail and multi-site facilities management organization the Professional Retail Store Maintenance Association (PRSM). The figures come from PRSM's 2012 Benchmarking Report — its first benchmarking report on HVAC costs and best practices for retail and multi-site facilities.
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More hits; more stores: How Web traffic is driving
brick and mortar expansion
Forbes
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Here's a newsflash: Internet is not killing the retail star. But how can this be? Isn't e-commerce keeping consumers on their couches? Far from being the death of brick and mortar, Internet traffic is determining where and when to open more physical locations, what to stock, and how much square footage to give to a particular market.
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Strong March Canadian retail sales show consumer comeback
Reuters
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Canadian retail sales bounced back in March after a February setback, growing 0.4 percent as consumers bought more cars and warm weather prompted them to begin their spring shopping for items such as clothing, sporting goods and garden equipment. The increase was a notch above the 0.3 percent gain forecast by market operators and followed a 0.2 percent decline in February, according to recently released statistrics.
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The compact Advance Adfinity™ X20R REV™ automatic walk-behind floor scrubber features dual-action scrubbing capabilities with the innovative Random Orbital Scrubbing technology. Attacking dirt and floor finish from multiple angles, the Adfinity REV delivers uniform daily scrubbing performance and deep scrubbing for chemical-free finish removal in a single pass. more
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Colliers: Retailers investing in technology, opening stores
and updating existing units
Chain Store Age
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Retail companies are more able and willing to reinvest in their businesses, as evidenced by sharp increases in 2012 capital expenditure budgets, according to a new white paper released by Colliers International. The report, "On the Road Again: What's Driving Retail Real Estate's Recovery and Who's Getting There First," finds that technology improvements are focused on improving and integrating all sales channels: brick-and-mortar, online, mobile and catalog operations.
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DAVACO expands operations into Canada
PRSM
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DAVACO, Inc., the national leading provider of implementation services for global brands, recently announced that the company has set up an operational division in Canada that can support global consumer brands with multi-unit programs in every province throughout Canada. DAVACO established their office near Toronto in 2011 to service immediate client needs, and is now available to provide services for additional clients in the growing Canadian marketplace.
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RoofConnect, national commercial roofing services provider - One call offers peace of mind for reactive roofing emergencies & proactive roof asset planning. Call to schedule an assessment today. MORE
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Siemens Site Controls energy management platform enables chain retailers, restaurants and banks to improve profitability by controlling energy and maintenance costs. MORE
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7-Eleven to add 630 stores in 2012
Chain Store Age
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7-Eleven Inc. said that it plans to add 630 new stores in the United States and Canada by year-end. In 2011, the chain added some 600 locations, with the stores either built, acquired or transitioned from another business to the 7-Eleven banner.
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Retail landlords sigh in relief as leasing activity gains momentum
Retail Traffic
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One of the most encouraging signs for the industry is that the era of massive big-box vacancies appears to be over, according to Thomas W. Gilmore, executive vice president with Los Angeles-based Madison Marquette. Chains including Ulta, Five Below, TJ Maxx, Ross Dress for Less, REI and Whole Foods have been snapping up those spaces.
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Expanding or not, US retailers rethink stores
Reuters
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U.S. retailers believe there is life left in their brick-and-mortar stores and they're trying new ways of making them more inviting by pampering customers - both the two- and four-legged kinds. PetSmart Inc, for instance, will offer overnight dog accommodations at more stores. Macy's Inc is offering a "virtual concierge" kiosk, and handbag maker Coach Inc is opening up dozens more men's sections this year.
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Costco 3rd-quarter profit tops expectations
Reuters
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Costco Wholesale Corp. posted higher quarterly profit helped by an 8 percent increase in net sales and a lower tax rate, sparking a jump in shares. The largest warehouse club operator earned $386 million, or 88 cents a share, in the fiscal third quarter ended May 6, up from $324 million, or 73 cents a share, a year ago.
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As US retailers retreat, a Japanese chain sees an opening
The New York Times
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Many American retailers are cutting back at shopping malls. Chains like Gap Inc., Abercrombie & Fitch, Coldwater Creek and Talbot's say they have too many stores at too many malls. Hundreds of stores are on the chopping block. Now, that pain is being seen as an opportunity — for some foreign retailers.
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Brandpoint Services Inc. is delighted to announce the appointment of Steve Hearon as President. Steve plans on using his knowledge of the industry and strong customer service background to make BrandPoint Services into one of the foremost leaders in Construction Services. MORE
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Nothing promotes your business like the sign which identifies it. We offer a full line of in house manufacturing from pylon and monument signs, to iluminated channel letters and large format digital printing. MORE
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Alberta, Canada, leads country in retail sales growth
Calgary Herald
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Alberta led the country in year-over-year retail sales growth in March, according to Statistics Canada. The federal agency said recently that sales in the province reached $5.6 billion during the month, up 9.0 percent from March 2011. It was also a 0.3 percent increase from the previous month.
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Walmart tops list of most valuable retail brands
Retailing Today
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Walmart topped the list retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.
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Hancock Fabrics at a crossroads
The Associated Press via Northeast Mississippi Daily Journal
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Hancock Fabrics faces many challenges, according to analysts and the company. The Baldwyn, Miss.-based company last month reported it lost nearly $11.3 million in the most recent fiscal year. The fabric and craft retailer additionally had to cope with falling sales and self-admitted merchandise problems.
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Proud to be celebrating our 25th anniversary!
We set out in 1986 to transform the commercial landscape industry with four ideals in mind:
TRUST • QUALITY • SERVICE • VALUE
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To find out how to feature your company in the PRSM Weekly and other advertising opportunities, Contact James DeBois at 469-420-2618
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Best Buy profit falls 26 percent
The Arizona Republic
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Best Buy Co. said that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan. Its adjusted earnings and revenue both topped Wall Street's expectations, briefly sending Best Buy shares up 7 percent in premarket trading before turning lower.
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The top retail tech deployments of the year ... so far
Retail Customer Experience
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Retailers are always looking for innovative ways to reach consumers, and technology is often one vehicle they use. Although only half over, 2012 can already boast several technological deployments that have enhanced the shopping experience.
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In every industry,
one company sets the
standard all others
strive to achieve.
Please contact us
for further information at
1.800.649.6804 or visit
www.brinco.com.
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Specializing in National Account customer needs for the entire Southeastern United States.
We provide the following services:
•Building automation
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Contact us today! 1-888-246-0595
www.advmechservs.com
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The most energy-efficient rooftop unit in its class, Lennox’ Energence® rooftop unit line achieves up to 17.6 SEER, helping to reduce your energy costs and improve your bottom line. Cost-effective to service and maintain, the Energence line delivers the lowest total cost of ownership without sacrificing comfort.
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