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FM Facility Maintenance Share     FM Facility Maintenance has made a major investment in innovative wind turbine producer, BroadStar Wind Systems of Dallas, and has entered into a strategic partnership to install energy efficient, building-mounted AeroCam wind turbines for major customer facilities. More
Entertainment's loss is the retail industry's gain About.com Share
The three big losses in the entertainment industry have turned into huge gains for the retail industry as fans find room in their recessionary budgets to snatch up memorabilia by the millions. Amazon, eBay, and Apple's iTunes are among the U.S. retailers that are winning big with Michael Jackson, Farrah Fawcett, and Ed McMahon merchandise sales, and they seem quite unapologetic about profiting from the deaths of three big entertainment icons. More 7-Eleven eyes shopping centers CSP Share
As 7-Eleven Inc. prepares to take part in a retail real-estate convention, it's making it known to the real-estate industry that it is focused on aggressively growing its store base to expand its convenience offering in the U.S. and Canada. More
Six retailers that are thriving Kiplinger Share
Suppose a nosy journalist snooped through your closet today. Naturally, she'd find the latest spring fashions -- pulled straight from the racks at Barneys and Neiman Marcus -- displayed on your hangers, right? If you're anything like most of us, probably not. Retail sales during the Christmas shopping season slipped 3 percent from the same period in 2007, and the National Retail Federation projects a 0.5 percent decline in sales for all of 2009. More Smudging the line between restaurants, retailers Restaurant News and Views Share
Once upon a time, restaurateurs and their investors questioned the wisdom of dabbling in retail. If consumers can eat your specialties at home, they reasoned, why bother visiting the restaurant? But today, with supermarkets sporting all sorts of products emblazoned with restaurant logos, investors are asking a decidedly different question: Why aren’t you jumping on that (Bob Evans-brand) gravy train? More
Wawa reveals how to survive a recession Convenience Store News Share
In its 60-year history, the convenience store industry has weathered recessions, regional slowdowns and back-to-back big-chain bankruptcies. But few retailers were as well positioned as they could be when the current financial meltdown started. The management team at Wawa Inc. saw the storm clouds forming, and unlike other industry colleagues, proactively set about preparing for the worst. More After weak holiday sales, retailers prepare for even worse The New York Times Share
Judgment day is at hand for American retailers. Many chains reported the worst holiday shopping season in decades, and the stores are entering the new year so weakened that some might not survive. A wave of corporate failures that has already taken out stores like Sharper Image and Linens 'n Things is expected to grow substantially worse in coming months, sending some of the well-known names of American retailing into bankruptcy. More
10,000 retail stores to shutter by end of year Gourmet Retailer Share
There will be as many as 10,000 retail store closures by the end of 2009, according to corporate consultancy Grant Thornton LLP. Its "Reviving Retail: Strategies for Growth in 2009" report highlights the fact that the success of online retailers combined with consumers' adoption of private label has greatly impacted businesses. More Solar roofing materials Technology Review Share
In an effort to promote the adoption of solar technology, United Solar Ovonic of Auburn Hills, Mich., has teamed with a major roofing company to create a metal roof system that generates electricity from sunlight. The partnership offers seven different prefabricated systems, ranging in capacity from 3 to 120 kilowatts. Tests show that the solar roof panels are rugged and can withstand winds in excess of 160 miles per hour. More
Test for dwindling retail jobs spawns a culture of cheating Wall Street Journal Share
When Anton Smith applied for hourly work at a Finish Line sneaker store in Charlotte, N.C., his first hurdle was showing he had the temperament for the job. Finish Line Inc., like many other retailers, makes applicants take a personality test before it will consider interviewing them. The test asks whether they agree or disagree, and how strongly, with 130 statements. But thanks to a little digging on the Internet by a friend, which turned up an unauthorized answer key, when Mr. Smith took the test in late 2007 he had a good idea what the employer wanted to hear. More
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