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The Corporate Social Responsibility Report and Effective Stakeholder Engagement
The Harvard Law School
Companies today are being called upon by their shareholders and other stakeholders to not only boost the bottom line, but also to help address some of the country's most challenging problems, including those concerning economic development and the environment. While opinions differ on how responsibility should be allocated across the public and private sectors, corporate stakeholders (which typically include shareholders, employees, customers, suppliers, communities, governments and regulators) are demanding that companies recognize a broader scope of responsibility in addressing those problems
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Private equity firm Sycamore to buy Jones Group for $1.2 billion
Reuters
Jones Group Inc. said it had agreed to be bought by Sycamore Partners for $15 per share, or $1.2 billion, the latest purchase of a fashion company by the private equity firm. Jones, whose products include luxury shoe brand Stuart Weitzman and Jones New York apparel, said it expects the deal to close in the second quarter of 2014.
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Alfred Marshall, founder of stores that bear his name, dies at 94
The New York Times
Alfred Marshall, a founder of the Marshalls department store chain in the mid-1950s who built a successful clothing retailer by buying out-of-season, irregular and overstocked inventory from fashionable clothing stores and selling it at a discount, died on Saturday in Boca Raton, Fla. He was 94.
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In Canadian retail, will 2014 be Nordstrom's year?
The Wall Street Journal
If 2013 was the year of Target in Canadian retail, 2014 could be the year of Nordstrom. The Seattle-based, upscale department-store chain is set to open the first of several full-line Nordstrom Inc. stores in Canada next year, an arrival that’s already spurring changes among other high-end retailers.
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Ikea plugs in 4 electric vehicle charging stations in Atlanta
Green Retail Decisions
Ikea officially plugged-in four Blink electric vehicle charging stations at its Atlanta store as part of its partnership with Car Charging Group Inc., the new owner of the Blink Network and Blink charging stations. This initiative represents the 11th such U.S. project for Ikea, with installations underway at other locations. In all, installation of units currently planned will bring the number of Blink charging stations available at Ikea stores to 55.
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2013 — The year the customer took over
Chain Store Age
Looking back on 2013 (and as always, it's amazing how quickly "look back" time arrived), the biggest single trend in retail IT has been customers using connective technology to take control of the shopping experience. And retailers should be thrilled.
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Facility maintenance does not have to be a 4-letter word
By Denny Hydrick
Diet is a quintessential "four-letter word" — a phrase that in years past often referred to expletives. Obviously that's a joke, but dieting to most people is no laughing matter. Why? Because first of all they require the resolve to begin and, secondly, a lifestyle change. Within our industry, we have our own set of "four-letter words," although most are known by acronyms. Like diets, these too take a certain resolve to start implementing or tracking and, perhaps most importantly, they require the lifestyle change, referred to as a culture change.
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M&S the 1st major company to sign up for UNICEF'S new carbon offset project
Green Retail Decision
Marks & Spencer has become the first major company to sign up to UNICEF's new carbon offset project, an initiative intended to improve the health and lives of vulnerable children while cutting carbon emissions that cause climate change.
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The Landing Shopping Center in Renton, Wash., sells for $165 million
Puget Sound Business Journal
The Landing shopping center in Renton, Wash., has been sold to a Boston-based investment fund for $165.4 million. The 5-year-old center, more than 90 percent leased, was sold by its developer, Pearlmark Harvest Lakeshore, to a unit of AEW Global, which manages more than $50 billion of real estate assets and securities on behalf of institutional and private investors.
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Equipment rental success: Read the contract
FacilitiesNet
Maintenance and engineering managers have long recognized that under the right conditions, renting rather than buying equipment can be an effective strategy for controlling maintenance costs. It simply makes sense to rent equipment if technicians use it only occasionally, particularly if the equipment is expensive to buy and maintain.
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4 ways to maximize your loss prevention strategies
Entrepreneur
Most merchants take basic precautions to reduce theft in their stores: they train employees and install surveillance systems. But even with these steps, the National Retail Federation survey found that 96 percent of retailers have been a victim of organized retail crime.
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2014 sees upturn in consumer confidence
Retailing Today
The new year is off to a solid start with an upturn in consumer confidence. After two months of decline in the wake of the partial government shutdown, the Conference Board has found that consumer confidence has bounced back to its highest level since September.
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What's in store for Canada's shifting retail landscape
The Financial Post
If there can be one inference from the slow-burn decline of Sears Canada, it's that retailers and landlords alike are willing to pay big bucks for prized retail real estate. High demand in the Canadian shopping mall landscape could nudge some of the veteran players in this country’s retail sector towards change in 2014 — whether than means a shift in strategy, a merger, store closures or an outright buyout for those who need to evolve or perish. So who's in line for change?
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Sustainability trends impacting retailers in 2014
Environmental Leader
Retail hazardous waste management is an incredibly complex industry from both a logistics and regulatory standpoint. There's only one constant — it is always changing. Definitions of which materials are considered hazardous vary at the federal, state and county levels, and are constantly evolving with political, environmental and economic pressures.
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Renewable energy: From pipe dream to mainstream
Today's Facility Manager
More and more businesses and institutions are aiming for 100 percent renewable energy, challenging conventional thinking that such targets are just pipe dreams. And it's not only traditional "green" organizations getting involved. Also jumping in are big retail stores like Kohl's, Ikea, and Staples; car companies like BMW; municipalities and regions across the globe; and many small businesses.
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Ramco-Gershenson Properties Trust buys shopping center in Ohio
for $97 million

RE Journals
Ramco-Gershenson Properties Trust has acquired Deerfield Towne Center in Mason, Ohio, for $97 million. The acquisition was financed with $52 million in cash, $25 million of new unsecured term debt due in 2020 and $20 million in borrowings under the company's revolving line of credit.
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Colby Horton, Vice President of Publishing, 469.420.2601
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