PRSM Weekly
Jun. 27, 2014

Strategize to survive
National Retail Federation
It is hurricane season, but the good news is that forecasters are predicting a less active season in 2014. Weather forecaster ImpactWeather says to expect 10 named storms, four hurricanes and at least one intense hurricane this year — a departure from recent years when above-average seasons were forecast. Yet the prediction for 2014 should not give retailers much reason for pause. Retailers still need to be ready and vigilant, says Richard Mellor, senior asset protection advisor to the National Retail Federation. In fact, forecasters have cautioned that historically some of the most devastating hurricanes have come following predictions for less-active seasons. More

Canadian Readers: Subscribe to continue receiving PRSM WEEKLY, PRSM Association Communications
PRSM
Canada's anti-spam legislation will go into effect on Tuesday, July 1, 2014. If you are not currently an opted-in, subscriber of PRSM WEEKLY, please click here to continue receiving PRSM Weekly and other PRSM Association communications. Current and past PRSM Association members are automatically opted-in to receive PRSM Association communications, including PRSM WEEKLY. If you are not a present or past PRSM Association Member, and do not opt in, you will not receive PRSM WEEKLY after July 1, 2014.More

Industrial real estate investing in sustainability: Get the story from BOMA Conference presenters
PRSM
Industrial real estate has been the last to delve into sustainability, and with good reason — experts from this morning’s educational sessions say it can be really tricky to get tenants on board. (You need to convince them that Earth and machine are not enemies.) And yet, industrial buildings can truly shine green.More

Ikea continues Midwestern expansion
Retailing Today
With company representatives, Missouri Secretary of State Jason Kander, St. Louis Mayor Francis Slay, local officials and community leaders on hand, Ikea officially broke ground for its future St. Louis store scheduled to open fall 2015. More

Fire code changes informed by outside factors
FacilitiesNet
Changes to fire codes are sometimes driven by external factors. Here are a few recent additions to fire code that were driven by changes outside of the existing codes. Fire evacuation chairs are not a new concept, but track-type evacuation chairs had previously been excluded from the code because there was no industry standard for such a device. More

Cabela's Inc speeds up expansion after getting to know Canada
Financial Post
After a cautious start in Canada, outdoor recreation retailer Cabela's Inc. is in the midst of speeding up its expansion efforts. Until last fall, the world's largest retailer of hunting, fishing, camping and outdoor equipment had opened four giant stores in this country since its 2007 launch in Winnipeg, but will have doubled that number in Canada by 2015.More

Target's test store at Quarry mining ideas for engaging consumers
Star Tribune
Most shoppers who frequent the Target store at the Quarry in northeast Minneapolis don't realize it's become a test store and that they've involuntarily become the company’s guinea pigs. But many have taken notice of the revamped departments and new store displays the Minneapolis-based retailer has put into place there. More

Even retail is bigger in Texas
National Retail Federation
It's not just state pride, hair, trucks and land that are bigger in Texas – it's retail too. In the Lone Star State retail supports 1 in 4 jobs. And recently, the industry's role in the state got even bigger. Charlotte, North Carolina-based department store Belk invested $20 million to build its brand new flagship at the Galleria in Dallas. The investment represents a long-term commitment to the Dallas-Fort Worth community More

Ralph Lauren realizes sustainability gains
Green Retail Decisions
Ralph Lauren’s focus on logistics, energy efficiency, and packaging and recycling has resulted in considerable sustainability gains, according to the company's newly released report. The company has worked hard to shift its product transportation from air – an emissions-intensive mode of transportation – to other modes of transport such as ocean and rail. As a result, since fiscal 2009, the company has reduced its global air mix by more than one-third.More

Better Buildings Challenge grows to 1 billion square feet
BUILDINGS
Slated to save approximately $100 million this year, the Better Buildings Challenge partners now include over 1 billion square feet of building space, according to the DOE.More

Energy efficiency opportunities in the manufacturing sector
By Alan Kelsky
One third of the energy consumed in the United States is by the manufacturing sector. Ninety percent of the manufacturing sector are small- and medium-sized businesses, or SMM, that use about half of the energy consumed in manufacturing. Electrical demand, also known as on-site energy consumption is a rich target for SMM businesses as they tend to pay more per kWh than their larger competitors. With savings easy to come by, why have small- and medium-sized manufacturers been slow to jump on the savings bandwagon?More

A failure to communicate: Disconnect between purchasers and operators costs billions
Today's Facility Manager
A lack of communication — combined with a short-sighted fixation on holding down factory capital expenditures—is incurring massive energy-inefficiency costs for manufacturers during the lifetimes of their production facilities, according to IHS Technology.More

Walgreens opens new flagship in Wrigley Building
Retailing Today
Walgreens has opened a new two-story, flagship drugstore in the north tower of Chicago's iconic Wrigley Building. Assisted by 42nd Ward Alderman Brendan Reilly, representatives from the Magnificent Mile Association, Chicagoland Chamber of Commerce and others, Walgreens executives marked the 27,800-sq.-ft. store's opening with a ceremonial ribbon cutting.More

Cutco Cutlery set to open first Austin, Texas-area retail store in July
Austin Business Journal
Cutco Cutlery Corp. – an Olean, New York-based high-end kitchen cutlery manufacturer – will open its first store in Austin, Texas, at in mid-July, the company said. Cutco Cutlery, a subsidiary of Cutco Corp., manufactures butcher knives, paring knives, flatware and other kitchen utensils that are sold in retail stores and through home demonstrations by Vector Marketing, another Cutco subsidiary. More

Restoration Hardware unveils RH New York, The Gallery
Retailing Today
Restoration Hardware's RH New York, The Gallery in New York’s Flatiron District is open for business. The 19th-century building is located at 935 Broadway. With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.More

Brookstone wins court approval of sale to Chinese buyers
BloombergBusinessweek
Brookstone Inc., the luxury-gadget retailer, won bankruptcy court approval of its plan to sell the chain to a group of Chinese buyers for about $174 million that will be used to pay creditors. U.S. Bankruptcy Judge Brendan Linehan Shannon today in Wilmington, Delaware, approved the sale to a company backed by the Chinese conglomerate Sanpower Group and the Hong Kong-based private-equity firm Sailing Capital. More

Starbucks Restaurant La Boulange opens in Los Angeles
The Epoch Times
A sign amidst the carefully crafted décor of the new Starbucks-owned restaurant La Boulange in Los Angeles reads, "Take your time." On a recent Friday morning, just one day after the brand opened its first all-day restaurant, the customers seemed to be following instructions.More

The ABCs of VOCs in facilities
Today's Facility Manager
What are VOCs and could they be big polluters in your facility? VOC stands for volatile organic compound. There are thousands of different VOCs and they have two things in common — they contain carbon, and they evaporate quickly.More