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Return to the city: Renewal of inner city retail stores
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Times change. Sometimes old ideas become new again. A long time ago I learned that most public transportation converges at a central point – the inner city, writes Walter Loeb, Forbes' major development contributor. In contrast, suburban shoppers have always been dependent on automobiles. They have little choice; with no true town center distances traveled to shopping centers can be great. In the suburbs public transportation is scant and not convenient. More



Is less more for big-box retailers?
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Upon first glance, Macy's early January portfolio adjustment announcements appear to be a standard annual strategic repositioning. However, there has been a disproportionate share of coverage and discussion surrounding the well-known retailer's store closings. To figure out if this scrutiny is representative of a net negative for the iconic department store brand, or simply business as usual, Macy’s decision must be analyzed. Taking a closer look at the smallest store scheduled to be shuttered, a 75,000-sq.-ft. Macy’s in Belmont, Mass., and the largest, a 791,000-sq.-ft. location in Houston, Texas, provides some insight into the dynamics behind Macy’s decision-making process. More

At Pentagon City mall, a shift toward higher-end brands
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Fashion Centre at Pentagon City in Arlington, Va., long a teenage hangout populated with stores such as Forever 21 and Finish Line, is growing up. As the economy improves and consumer spending rebounds, the Arlington mall is shifting its focus toward attracting higher-end brands such as Tumi.­­ It seems to be working. More

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3 major malls to be revamped
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Mall owner CBL & Associates Properties said that, in 2013, it will complete multi-million dollar renovations at three major malls: Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La. The Mall of Acadiana – at one million-sq.-ft. and anchored by Dillard’s, Macy's, J.C. Penney and Sears — will receive updated entrances, paint, new interior décor and graphics, upgraded restrooms, remodeled food court, new landscaping, as well as new amenities, including soft seating areas. More

As Target's buzz builds, Walmart Canada rolls out expansion plan
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walmart Canada is planning to spend $450-million on expanding its operations this year, but insists it is not worried about the looming incursion of rival Target stores into the Canadian retail market. More


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Five Below to open 60 stores in 2013 and expand into Texas
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Teen and tween retailer Five Below will open 60 stores this year, including its first-ever locations in Texas. The retailer said it will open four to five stores in Austin, Texas, and 10 to 12 stores in Dallas by late summer, with the potential for more than 100 stars in the Lone Star Sate stores over time. More

The positives of electrolyzed water
Cleaning & Maintenance Management    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Since 1847, when chlorine was first used as a sanitizer, there have been few, if any, alternatives to the useful, moderately effective but often dangerous substances known as chemical cleaners and sanitizers. Today, there is a device that combines three simple things — water, salt and electricity — to create a sanitizer that the U.S. Environmental Protection Agency (EPA) reports to be 80 times more effective than bleach and sodium hydroxide that can significantly reduce or eliminate the need for soaps and detergents in a variety of custodial operations. More



IKEA posts record profit as it entices cost-conscious shoppers
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
IKEA Group, the world's biggest furniture retailer, posted a record net profit on Wednesday for the 2011/12 year, helped by sales and market share growth as budget design enticed austerity-hit shoppers. Net profit at the privately-held Swedish firm, known the world over for low-price, self-assembly, flat-packed furniture, rose 8 percent to 3.2 billion euros ($4.3 billion) in the 12 months through last August. More

Kohl's taps Oracle for integrated solutions
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kohl's has engaged Oracle's services to integrate core retail operations across the company's 1,146 stores in 49 states. Oracle solutions will help Kohl's by providing an integrated, scalable retail suite of applications to streamline merchandising and planning while enabling its multi-channel growth strategy. More

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Convenience Store total poised to surpass 150,000 units
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The latest data from Nielsen shows the number of U.S. convenience stores continues to expand and last year set a new record with 149,220 units. That figures is up 1,094 units from the prior year so the increase amounts to only a 0.7 percent gain, according to the 2013 National Association of Convenience Stores/Nielsen Convenience Industry Store Count. Even so, the growth is noteworthy at a time when overall expansion of selling space in the broader retailer industry has remained stagnant even though the recession officially ended in 2009. More

Walmart, Lowe's develop chemical reporting tool
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Retail Industry Leaders Association has rolled out an initiative designed to streamline the required safety data sheet process used by suppliers and retailers to exchange chemical and product information. Retailers require detailed information to safely handle chemical products in compliance with regulations from the US Department of Transportation, Occupational Safety and Healthy Administration and EPA, among other agencies. More


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Japanese retailers Uniqlo and Muji plan Bay Area expansion
San Jose Mercury News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
At a time U.S. retailers are pulling back on their home turf, Asian retailers, riding the economic boom across Asia, are setting up their clothes racks in the United States. Two Japanese retailers — clothes maker Uniqlo and Muji, which sells home-goods and clothes, are leading the charge. They hope to mirror the success of other overseas retailers, such as H&M and Ikea. More

Tips to preventing an influenza pandemic
CleanLink    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Pandemic flu remains a concern for employers and workers, which is why those in the cleaning industry focus so heavily on prevention. According to the Occupational Safety & Health Administration (OSHA), a pandemic is a global disease outbreak that can occur at any time and can be mild, moderate or severe. An influenza pandemic occurs when a new influenza virus emerges for which there is little or no immunity in the human population; begins to cause serious illness; and then spreads easily person-to-person worldwide. More





More jobs, stores ahead at Dollar General in 2013
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Dollar General has big plans for growth in 2013 with the creation of 6,000 new jobs and the planned addition of 635 new stores and 550 relocations. With the addition of these jobs in 2013, Dollar General will have created approximately 30,000 jobs in the last six years. "Dollar General's continued growth reflects our customers' increasing satisfaction with our everyday low prices and convenience," said Rick Dreiling, Dollar General's chairman and CEO. More

Staples forays into Japan
Zacks Equity Research    Share    Share on FacebookTwitterShare on LinkedinE-mail article
World's largest retailer of office products and services, Staples Inc. forayed into the Japanese market through a wholesale distribution agreement with Jointex, a leading wholesaler of office products and a division of PLUS Corp. The company stated that the Staples brand products will be made accessible via numerous dealers and over 25 retail outlets in Japan. More


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Bet on Vegas-area retail
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A real-estate development company headed by a former Miss Reno Rodeo sold a controlling stake in six Las Vegas-area shopping centers in a deal that reflects growing investor appetite for commercial property in weak markets. Territory Inc., run by Terri Sturm, sold a 78 percent stake in the properties to Inland Diversified Real Estate, a nontraded real-estate investment trust. The deal values the properties at $288 million, which includes $149 million of new debt being put on the properties. More

Key and card technology improvements boost door security
FacilitiesNet    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As security and access control continue to climb on the priority lists for institutional and commercial facilities, maintenance and engineering managers are taking a closer look at the way their departments control the use of keys and cards occupants use to enter facilities. Managers are rethinking the specification of these items technicians and occupants use, as well as the process of storing, issuing, and tracking them. By understanding both facility needs and advances in key-control and card-access systems, managers can update their strategies for matching existing technology with security needs. More



Cincinnati real estate company buys 5 Kroger-anchored centers
Business Courier    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Phillips Edison-ARC Shopping Center REIT Inc. bought six Atlanta-area shopping centers, five of which are anchored by Kroger Co. grocery stores. The real estate investment trust bought the portfolio of centers for about $60.5 million. The sixth shopping center is anchored by a Publix grocery store. More


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Colby Horton, Vice President of Publishing, 469.420.2601
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