PRSM Weekly
Dec. 1, 2014

Black Thursday? Thanksgiving sales numbers growing
CNN Money
Shoppers increasingly are shifting their buying to Thanksgiving Day, despite petitions against stores opening on the holiday — and the powerful lure of the post-turkey nap. Spending was up nearly 24 percent on Thanksgiving, and slipped about 7 percent on Black Friday, according to early Black Friday estimates from Shoppertrak, which monitors spending at and visits to brick-and-mortar retail stores.More

Malls woo US shoppers with free rides, 'Frozen' palaces
Bloomberg
Free car service to and from malls. Personal shoppers to help you choose the right items. Donating a portion of what you spend to your favorite charity. These are all enticements that U.S. retailers and mall owners are using to get shoppers in the door this season. Seeking an alternative to the heavy discounting that characterized last year's holiday push, shopping centers are touting convenience and special events. More

Follow safety code for elevator maintenance and keep it handy
FacilitiesNet
A starting point for any elevator maintenance program is the safety code that's used, at times with modifications, by jurisdictions across the country. This is ASME's Safety Code for Elevators and Escalators. Section 8.6.1.2.1 of the code states that "a written Maintenance Control Program shall be in place to maintain the equipment." The maintenance program has to include examinations, maintenance, and tests of equipment at scheduled intervals. These activities are to be based on equipment age, condition, and accumulated wear, among other factors. More

This holiday season, high-end retailers go high-tech
The Washington Post
Earlier this year, Tysons Corner Center began offering a virtual concierge service that allows customers to text guest services with questions and requests. Thousands of queries have streamed in, and mall executives say the service has been so well-received that they are rolling out phase two just in time for the holiday season. Nearly 40,000 people have already downloaded the Tysons Corner Center app, allowing the mall to have direct conversations — and receive instant feedback — with its shoppers.More

Energy-saving impacts of window film
Facility Management Journal
You don't often find an energy-efficiency investment that will positively affect the performance and energy usage of several building systems at once. But recent technology advances have made window film a viable option that holds this promise for commercial buildings. Although you may not be able to get rid of your windows (and you probably don't want to), there are solutions that will help improve their energy efficiency without replacing them — even if the windows are decades old.More

CEOs of Target, Macy's, and others, weigh in on Black Friday sales
Fortune
Now that the first big burst of Black Friday weekend shopping is done, we thought we'd check in with some top executives and analysts in the retail industry to get an early read on things so far. The weekend is expected to generate sales of $50 billion and some 140 million Americans are expected to hit the stores.More

Hudson's Bay Company takes out $1.25-billion mortgage on Saks Fifth Avenue's flagship store in New York
Financial Post
Savvy real estate investor Richard Baker dipped into another prized Hudson's Bay Co. property to improve the Toronto retailer's capital structure. But his U.S. $1.25-billion refinancing of its flagship Saks Fifth Avenue store in New York is just one a step of a more ambitious plan to unlock the value of the company's real estate assets in the spring.More

OSHA reminds retailers to take Black Friday safety precautions
Today's Facility Manager
In advance of the holiday season, the U.S. Department of Labor’s Occupational Safety and Health Administration is encouraging retail employers to take precautions to prevent workplace injuries during major sales events, including Black Friday. This year marks the six year anniversary of the death of a worker killed upon opening a large store for an after-Thanksgiving Day Black Friday sales event.More

The ups and downs of electronic locks
Facility Dude
Access control is one of the most fundamental aspects of building security. According to Buildings, many efforts in this area have previously focused on securing building exteriors, but the source noted that there's also significant potential for FMs to increase their interior building security with these measures as well. More

From diamonds to dog food: Costco eyes Western Australia
The Sydney Morning Herald
American wholesale warehouse giant Costco has confirmed it is the next multinational setting its sights on Perth, to take advantage of the growing West Australian membership base traveling across the country to shop at the super stores.Costco regional marketing manager Kyla White said company representatives had traveled to Perth to scope locations but one particular site had not been selectedMore

Walmart, Target report strong early Black Friday sales
FierceRetail
Walmart and Target reported strong sales on Thanksgiving Day as Black Friday got its earliest start with doors opening before many shoppers had finished holiday dinners, while online and mobile helped fuel gains. Walmart stores opened at 6 p.m. Thanksgiving Day and, in spite of planned protests, shoppers turned out to snap up door busters. More than 20 million Walmart shoppers downloaded and used the retailer's local store maps to navigate deals.More

Demand for retail space at an all-time high as Calgarians' income and spending grow in Canada
Calgary Herald
Demand for new retail space in Calgary has reached a record high, says a new report by Colliers International. In response to that demand, 50 projects comprising slightly more than 12.1 million square feet are in the planning, permitting or construction stage, according to the Calgary Retail Market Report Fall 2014.More

The death and rebirth of the mall
Smithsonian
The past decade has been a bleak one for the American mall: once the bastion of suburban culture, over 150 major malls have closed in the last ten years. With online sales expected to generate half of businesses growth this year, the American mall appears to be on a terminal decline, with more malls shuttering their doors than being built.More

How to determine smart building benefits, costs, ROI
Environmental Leader
Smart building technology can be expensive, so building owners should look at several areas to achieve the best benefits and highest return on their investment, according to HPAC Engineering. In smart buildings, energy savings are tied to energy information systems, which are used to store, analyze and display building energy data. More

Information is a catalyst for clarity in retail
Integrated Solutions For Retailers
Retail environments continue to evolve to meet shifting consumer demands and omni-channel expectations, making a holistic approach to asset protection even more critical. The responses to Integrated Solutions for Retailers annual benchmark survey bring to light the challenges retailers are most concerned about when it comes to security in the coming year.More