PRSM Weekly
Nov. 14, 2014

International fashion retailers take Canada by storm
The Fashion Spot
It's official: International retailers have set their sights on Canada as a new place to grow their businesses. In the last five years, U.S. big box retailers like Marshalls, Bed Bath and Beyond, and Target — brands for which Canadians would normally plan cross-border vacation shopping trips — have opened, some to huge success and others to sluggish sales. Urban shopping centers are making the largest investment, with fashion brands choosing to open in mega-malls in Calgary and Toronto.More

Bob Craves, Costco manager who sent poor to college, dies at 72
Bob Craves, a co-founding officer of Costco Wholesale Corp. in 1983 who later helped send thousands of young people in the U.S. to college, has died. He was 72. Craves died of cancer on Nov. 5, according to the College Success Foundation, the Issaquah, Washington-based group that he established in 2000. He retired last year.More

How we shop: The Midlands' malls in South Carolina
The State
The past financial woes of Alan Kahn, developer of Village at Sandhill in South Carolina, are buried under a makeshift winter wonderland as the outdoor shopping mall heads into the holiday season. Kahn is quick to point out the shoppers sipping hot cocoa from horse-drawn carriages and the carols chiming from a children's choir perched on a stage in the center of the sprawling 1.15 million-square-foot center, which he says has been bolstered over the past year with a handful of shops and restaurants that exceeded his expectations. More

Shoppers to spend more of holiday budget in stores
Fifty-four percent of shoppers, who make less than $100,000 a year, plan to spend more of their total holiday budget in-store than those with higher incomes, 46 percent. According to Deloitte's 29th annual holiday survey, a strong digital presence may actually push more consumers into physical stores and convert browsers into buyers.More

How to evict 5 pests that love your facility in wintertime
Don't let your facility be overrun by pests in the wintertime. Use these quick tips to knock them out fast.More

Investors, tenants prefer green retail properties as regulations loom
National Real Estate Investor
Green retail properties are more desirable to both investors and tenants than non-green properties. That's the message from Nils Kok, Ph.D., executive director of the Global Real Estate Sustainability Benchmark and associate professor of finance at Maastricht University. Kok will be the keynote speaker at ICSC's RetailGreen Conference in Phoenix on Dec. 2-3, where he will provide an investment perspective on sustainability in retail real estate.More

Sears Florida development gives preview of strategy
A mixed-use retail development in South Florida may provide a glimpse at the future of Sears Holdings Corp. The department-store chain said today that it will convert its location in Aventura, Florida, into an open-air development that includes dining, other retailers and a scaled-down Sears store.More

Holiday shoppers nationwide will find more mall services
Hartford Courant
If you're a typical shopper, your gift hunting is going to take to you to a mall — and sooner than later, according to the International Council of Shopping Centers. Three out of five consumers will begin shopping in stores before Turkey Day this year and by the end of Thanksgiving weekend, 86 percent of us will land in a mall making purchases, dining or bringing the kids to see Santa.More

Top 10 smart building myths, busted
Intelligent Building Today
In most buildings, we can demonstrate a strong business case for strategic investments in smart building systems and management technologies. Not everyone is aware that the tremendous advantages of today's affordable smart building management technologies easily justify the cost.More

Old Coca-Cola building in LA to be refreshed as plush office complex
Los Angeles Times
A century-old Coca-Cola manufacturing plant in a formerly run-down section of downtown Los Angeles is about to pop as a plush new office and retail complex. The elaborate makeover of the three-story brick-clad building most recently used as a toy business warehouse underscores the rising demand for nonconventional office space and the emergence of the Arts District as a desirable neighborhood for residents and white-collar businesses. More

Kohler picks Chicago for site of first US retail store
Crain's Chicago Business
Kohler Co. planned to open a store in Chicago at the end of October, its first store in the nation. The Wisconsin-based kitchen and bath plumbing giant hopes the prototype store, slated to debut at the Merchandise Mart's LuxeHome shopping mall, will be the first of many Kohler retail stores nationwide. More

How the IoT is changing facility management
Managing buildings today is getting increasingly complex. With space at a premium, increased utility costs and higher occupant expectations, facility managers are under pressure to manage buildings more efficiently than ever before. With the rise in device connectivity and consumer-facing feedback applications like Waze, Yelp, Foursquare, Facebook, Google+, and Glass Door, occupants expect to be more involved in the way their buildings are run. Now accustomed to instantaneous feedback, they want to know that their reports are being addressed in real-time.More

Apple's enterprise assault gets into higher gear
Apple Inc. is embarking on its most aggressive expansion yet onto corporate turf, hiring a dedicated sales force to talk with potential clients like Citigroup Inc. and working in concert with a dozen or so developers, two sources familiar with its plans say.More

New PRSM white paper explores cost savings from waste water 'evaporative credits'
Learn about the documented savings at JCPenney
In "Establishing an Evaporative Credit Program,” author Robert Mabry, C.P.M., of Trident Network says, "Where allowed by local utilities, evaporation credits or sewer credits can dramatically reduce the impact of water cooled system operating costs and sewer charges." Don't miss the documented results provided by PRSM Member Company JCPenney, which reports "... over $460,000 in annual savings with sewer credits from 85 sites with cooling towers."More

Wireless sensors help optimize building energy efficiency
Joe Costello, Enlighted CEO and chairman, recently discussed his company's technology and its benefits. More

The Whole Foods effect: A kick-start for sales
Crain's New York Business
Tim McCollum was determined to get his chocolate bars into Whole Foods Markets, but he didn't count on spending two frustrating years of sending emails and making hundreds of calls and visits to individual stores in an effort that seemed to be going nowhere.More

Price Chopper to modernize 135 stores, change name
Price Chopper announced a plan to modernize stores, which includes a redesign of all its locations and a rebranding to the name Market 32. In a blog entry, President and CEO Jerry Golub said that the design would be influenced by learnings from the Latham, New York, Market Bistro store, but is much more scalable and can be applied to a wide range of store sizes and locations.More