Kohl’s Celebrates 1,000th Store Milestone
from the Business Wire
Kohl’s
Department Stores is celebrating the opening of its 1,000th store, marking an
important milestone in company history. The accomplishment is part of a 47-store
expansion this fall which includes 45 stores that are built according to a
design that is LEED (Leadership in Energy and Environmental Design)
pre-certified at the Silver level from the U.S. Green Building Council. More
Bailout Vote: Tough Times Ahead
from Sky News
As the financial turmoil
and its toxic aftermath seeps from Wall Street to Main Street, Americans are
poised to enter a period of thrift and austerity, according to leading figures
in the U.S. retail and advertising sectors. More
Jewelers Brace for Bad Holiday Season
from The Philadelphia
Inquirer
Ordinarily, Philadelphia jeweler Matthew Sulby said,
he'd be "feeling butterflies" about now, laying in inventory ahead of the
exciting Christmas season that for decades made his cash register overflow. Not
so this year. In a nation traumatized by uncertainty over the government's $700
billion economic rescue plan, Sulby's plea for relief is more Main Street prayer
than Wall Street wish. More
Senate Passes Renewable Tax Credits Alongside Bailout
Package
from Business Green
In a surprise move,
the U.S. renewable tax credits that are due to expire at the end of the year
could be renewed by the end of the week after legislation extending the tax
breaks was attached to the controversial $700 billion economic rescue bill
passed recently by the Senate. In an attempt to sweeten the bill – which was
rejected on Monday by the House of Representatives in a move that sent global
stock markets into freefall – senate leaders added new measures to increase the
government's guarantee on people's savings to $250,000 and a raft of new tax
breaks, including those for renewable energy installations backed by the Senate
in a separate vote last week. More
Sunny Day For Solar
from Forbes
Solar-generated
electricity, long decried as too expensive to be practical, may have gotten a
little closer to being competitive. The Energy Improvement and Extension Act of
2008 would extend the 30 percent tax credit, which is due to expire at the end
of the year, on the upfront cost of solar installations. More
Chipotle Pushes Sustainable Design Powered by the Wind and
Sun
from The Wall Street Journal
Chipotle
Mexican Grill, known as the leader in making high-end dining and top quality
ingredients available to everyone, is now leading the charge on more
environmentally responsible building designs. Chipotle will open a "green"
restaurant in Gurnee, Ill., with a six-kilowatt wind turbine on-site that will
generate a portion of the restaurant's electrical needs. More
Power from the Restless Sea Stirs the Imagination
from The New York Times
For years,
technological visionaries have painted a seductive vision of using ocean tides
and waves to produce power. They foresee large installations off the coast and
in tidal estuaries that could provide as much as 10 percent of the nation’s
electricity. More
Wal-Mart Cuts Prices on Toys for Holidays
from The Wall Street Journal
Wal-Mart
Stores Inc. said it will cut prices on some of the most popular toys and speed
up the opening of Christmas shops in its stores nationwide as it tries to lure
budget-conscious shoppers and jump start its biggest selling season. More
Cleantech Investment Surge Defies Downturn
from Business Green
Investment in clean
technology and greener business models are continuing grow, largely resisting
the effects of the financial turmoil gripping the world's markets, according to
two reports recently released. A new survey of 150 of the world's largest
companies published today by consultancy giant Ernst & Young, found that 90
percent are now undertaking climate change initiatives with disclosed financial
commitments of $276 billion over the next decade. More
With
Domestic Opportunities Limited, Mall Giant Exploring Overseas
Markets
from Indianapolis Business
Journal
Simon Property Group Inc. has been readying its balance
sheet and sizing up buyout targets in hopes of capitalizing on a worldwide
markdown on shopping-center owners. The Indianapolis-based company has waited on
the sidelines more than 18 months since its last big deal, the $1.6 billion
purchase of Mills Corp. with Farrallon Capital Management. But all signs suggest
the quiet period for the mall giant won’t last much longer. More
Energy Savings Make the Case for an HVAC Upgrade
from Reliable Plant
Focusing on
predictive maintenance, Rules Of Thumb For Maintenance And Reliability
Engineers, is a guide to best practices for maintaining machinery and systems
assets. The book explains how readers can create and nurture a work culture that
values predictive maintenance over reactive maintenance. More
Employee Free Choice Act Promises Freedom, Fairness to Working
Americans
from The Tennessean
Free choice does
not mean secret ballots. Free choice for the workers of America means the right
to choose to fight for better wages, benefits and working conditions while being
unencumbered by the often-tyrannical influence of management. Free choice in the
workplace means that employees start on even ground with their employers when
bargaining for a better life. More
Shoplifter Program
Saves Retailers Time
from The Sacramento Bee
U.S. retailers
lost $34.8 billion in 2007 from theft, with shoplifting accounting for $11.8
billion or 34 percent of the total, according to the National Retail Security
Survey from the University of Florida. But retailers in Elk Grove, Calif., can
now save a little time through a program being offered by the Elk Grove Police
Department. More