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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Jan. 6, 2012


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Retailers see 11th-hour surge in holiday sales
CNN Money    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Retailers are breathing a sigh of relief and celebrating a successful holiday season, thanks to a last-minute surge in sales. Online sales during the final week before Christmas hit $2.8 billion, up 16 percent from last year, according to ComScore, while mall shoppers spent about $44 billion in the week ending Dec. 24, a 14.8 percent increase over the same week in 2010, according to ShopperTrak, which tracks foot traffic at malls and stores. More
Related story:
Holiday retail sales reflect growing wealth gap in US
Gift cards, mild weather help drive key measure of Christmas week sales up 5.3 percent (The Associated Press via The Washington Post)




PRSM2012 National Conference early bird pricing ends today
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail members can register for the full conference at the low price of $179. The conference offers more than 40 education sessions on topics such as HVAC, floor care, energy management, budget control, negotiation, sustainability and more! Register today at http://registration3.experient-inc.com/showPRS121/Default.aspx.

PRSM says goodbye to longtime friend, Ron Eigenbrod
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ron Eigenbrod, 59 — avid adventurer, outdoorsman, gentleman farmer and founder & CEO of Lightstat, Inc. — died suddenly at his New Hartford, Conn., home on Christmas Eve of a heart attack. Born on April 12, 1952 in Hanover, N.H., Mr. Eigenbrod lived the first few years of his life near the farm of his maternal grandparents in Woodstock, Vt., before moving to Suffield, Conn., where he grew up and attended high school. He worked for several years in the energy industry before founding his own company in 1983, Lightstat Inc. in Pleasant Valley, Conn. Lightstat quickly grew to have an influential presence in the energy conservation industry and sold its light-activated temperature control systems to customers internationally. More



Target confirms its 1st Canadian store locations
Marketnews.ca    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target Corporation has disclosed the locations of its first 24 Canada-based retail locations. The first two-dozen shops will be set up in Ontario. Stores will be opened in March and April 2013, in Toronto, London, Hamilton, Burlington, Guelph, Milton, Brampton, Windsor, Orillia, Mississauga, Fergus, Cambridge, Ajax, Aurora, Waterdown, Kawartha Lakes, and New Market. More

Dollar General to add more than 6,000 new jobs
The Associated Press via CBS News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Dollar General Corp. plans to add more than 6,000 new jobs this year and open 625 new stores, which includes its first stores in California and Massachusetts. The discounter has benefited during the recession and its aftermath as shoppers continue to seek out bargains for everyday goods. Dollar General said that stores will also open in the 38 states that it already has locations in. The Goodlettsville, Tenn., company also plans to remodel or relocate 550 stores and open a California distribution center. More

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Smashburger set to sizzle in Latin America
FastCasual.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Smashburger has announced that it has partnered with international restaurateur Richard Eisenberg and his company, QSR International, in a growth initiative to expand the brand’s footprint into Latin America. Eisenberg's franchise commitment of 18 restaurants will bring Smashburger's premium menu offering to new territory in Central and South America and the Caribbean. More

Walmart in Portland, Ore., to include ecoroof
Retail Design & Construction Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walmart's new store in the Hayden Meadows Retail Center in North Portland, Ore., will feature a 40,600-square-foot ecoroof. Walmart will work with Philadelphia-based Roofmeadow to design the ecoroof. Roofmeadow designed the company's only other ecoroof in the United States on a store in Chicago. More



Barnes & Noble said to put publishing house up for sale
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Barnes & Noble has put Sterling Publishing up for sale, nearly a decade after it bought the publishing house, a person briefed on the matter said. The move was another sign that Barnes & Noble, the nation’s largest bookstore chain, has intensified its focus on the digital side of the book business by shedding other assets. Sterling Publishing, based in New York, has imprints focused on nonfiction, children’s books, crafting, cooking and self-help, among others. More

100 to 120 Kmart, full-line Sears stores to close
Drug Store News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kmart's parent company delivered some not-so-happy holiday news. Sears Holdings said that it will close between 100 and 120 underperforming Kmart and Sears stores, following dismal holiday sales results for the brands. More
Related story:
Sears completes spinoff of Orchard Supply Hardware (The Associated Press via USA Today)


Brinco Mechanical Services, Inc.


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Retail forecast for December raised at ICSC on discounts
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail sales at stores open more than a year may have gained as much as 4.5 percent in December, more than previously estimated, as U.S. shoppers pursued holiday discounts, a trade group said. Same-store sales in December were earlier projected to have advanced as much as 4 percent, the International Council of Shopping Centers said in a statement today. Sales at retail chains rose 5.3 percent from a year earlier, according to the New York-based researcher. More

Upping its game
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If you want to be No. 1, you must continually and consistently raise your game to the next level. Athletes know it. Retailers know it. And Mitch Modell, CEO of Modell's Sporting Goods, lives it. With nearly 150 stores in the Northeast, Modell oversees the nation's oldest family-owned and -operated retailer of sporting goods, sports apparel and athletic footwear. In the fall of 2010, he proudly unveiled the chain's newly renovated 20,000-square-foot Times Square flagship in New York. More



Mall of America plans life after Bloomingdale's
Star Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Mall of America said it is negotiating leases with at least five retailers to replace the iconic Bloomingdale's store, which is closing after 20 years at the location. The mall also said it will spend $30 million to $50 million on renovations and convert a sub-level storage area into retail and restaurant space. Bloomingdale's, an upscale department store that has operated at the mall since the property opened in 1992, will close in early March and lay off about 127 workers. The pullout was part of a larger move by parent company Macy's Inc. to eliminate stores nationwide that were not performing well. More

Retailers stuff their stores with QR codes
Internet Retailer Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumers shopping in some New England stores this past holiday season may have spotted Quick Response codes in some unusual places. Research from mobile marketing and technology firm Nellymoser Inc. found that of more than 700 stores canvassed in the Boston area, 23 contained at least one QR code, a type of two-dimensional bar code. More



Dunkin' Donuts to double US presence, stays mum on California
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Dunkin’ Brands Group Inc. plans to more than double the reach of its coffee and donut shops in the U.S. over the next 20 years – but the chain is still being cagey about whether and when it'll head to California. Last month, the Canton, Mass.-based company opened its 10,000th Dunkin' Donuts location. That was in Xi'an, China. In the U.S., the company has nearly 7,000 pink and orange-festooned donut shops and plans to build out its domestic network with 7,000 more over the next two decades, it said More

Early indicators suggest Canadian retailers saw no bump in holiday shopping
The Canadian Press via Canadian Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Early indications suggest Canadian retailers saw no sales growth this holiday shopping season as consumers focused on their finances rather than the urge to splurge. Major retailers are reporting flat Christmas sales this year and low turnouts for Boxing Day shopping, according to retail consultant Jim Danahy of CustomerLAB, which works with companies in all categories including drug, department, food and specialty stores. More

Cleaning Services Group, Inc.

Cleaning Services Group, Inc. is a full-service building services company servicing Office Buildings, Grocery Chains, Cinemas/Theaters, Financial Institutions, Medical Facilities, Educational Facilities & Universities, Commercial Properties, Retail Store Chains, Restaurants, Speciality Facilities, National Accounts, and Distribution Centers.
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Macy's boosts earnings outlook on strong holiday season; doubles quarterly dividend
The Associated Press via The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Macy's Inc. is raising its earnings outlook for the fourth quarter and full year due to a strong holiday season and says it will double its quarterly dividend to 20 cents a share. The retailer is also increasing its share repurchase program by $1 billion. The announcements came as the department store operator reported that a key measure of its December sales rose faster than analysts had expected. More

As Kodak fades, workers remember their moment
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
At its peak, Eastman Kodak Co. employed 145,000 people worldwide. The company drew engineers, Ph.D.'s and scientists from around the world to its Rochester, N.Y., headquarters, talented professionals who clamored to work for the imaging pioneer. Now, as the 131-year-old former blue chip prepares for a possible bankruptcy protection filing, retirees' enthusiasm has been replaced by concerns about the fate of their benefits. More
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