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Retail risk factor: Storm hit these stores hardest
CNBC
The onslaught of snow that was expected to hit the Northeast may not have lived up to the hype, but that doesn't mean retailers are simply shaking off the chill. The storm still managed to dump up to 30 inches of snow in parts of the region — keeping shoppers indoors and forcing the "closed" sign to hang in store windows. While the storm isn't expected to put a major dent in retailers' sales, a handful of companies are most at risk of losing sales, thanks to store footprints that are heavily skewed to the Northeast.
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Landlords, retailers plan to capitalize on record Super Bowl spending
SCT Newswire
Super Bowl XLIX is just around the corner, and retailers and landlords are thinking of ways to capitalize on the resulting shopping activity. About 184 million television viewers are expected to tune in to see the Seattle Seahwaks face off against the New England Patriots at the University of Phoenix Stadium. According to a National Retail survey of 6,375 consumers, average viewer spending will reach a record high of $77.88, up from $68.27 last year, with fans planning to splurge on everything from game day food and new televisions to athletic wear and decorations. Total spending is expected to reach $14.3 billion.
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Japanese clothing retailer Uniqlo to open 2 flagship shops in Toronto
The Toronto Star
Uniqlo, a leading Japanese clothing retailer, is announcing it will open two flagship stores in Toronto in the fall of 2016: one at Yorkdale Shopping Centre and one at the Toronto Eaton Centre. Uniqlo has a global presence, with 1,500 stores in Japan, Australia, China, France, Germany, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the U.K. and the U.S.
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Retail real estate now a rare commodity in robust Austin, Texas, economy, report shows
Austin Business Journal
Austin, Texas' retail real estate market is the tightest it's been since the end of 2004 with an overall occupancy rate of almost 96 percent, according to the 2014 year-end report by The Weitzman Group and its affiliated Cencor Realty Services. Though 1.2 million square feet of new retail space was added, much of that included the opening of three Walmart Supercenters in outlying markets — Elgin, Manor and Cedar Park.
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How prevalent is greenwash these days?
FacilitiesNet
About 10 years ago, the editors of Building Operating Management magazine endeavored to put together a "Green Products Directory" — a document listing how products contributed to individual LEED credits. It didn't go as well as we hoped. We relied on a manufacturer questionnaire to tell us the specific high-performance attributes of their products, as well as which credits their products helped meet.
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H&M posts rise in quarterly profit, plans 400 new stores
The Associated Press via ABC News
Swedish fashion retailer Hennes & Mauritz says its earnings rose by 12 percent in the fourth quarter, boosted by expansion in the United States and China. Net profit for the quarter was 6.22 billion Swedish kronor ($754 million), up from 5.55 billion kronor a year earlier. Sales increased 17 percent to 42.6 billion kronor, Stockholm-headquartered H&M said.
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What you should know about skylights
Facility Dude
Skylights are a common architectural feature in many homes and commercial facilities across the country. They can literally brighten up a room, allowing some much-needed natural light into spaces that may otherwise not get much of it. Additionally, they can help cut down on energy costs, especially in the winter.
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Nordstrom is shoppers' favorite fashion retailer
Puget Sound Business Journal
Seattle-based Nordstrom is where folks like to shop best, according to a new study. It's the third consecutive year that Nordstrom tops a national consumer study by Market Force, polling 4,300 consumers as to their favorite fashion and shoe retailers. Market Force, which bills itself as the largest mystery shopper network in the world, supplies large multiple-location businesses with consumer intelligence.
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Dallas retail real estate firm United Commercial Realty merges with global firm CBRE
The Dallas Morning News
After more than a year of talks, one of Texas’ largest retail real estate firms has merged with an international company. United Commercial Realty, a 27-year-old firm with substantial operations in North Texas and Austin, will become apart of CBRE Group Inc.'s U.S. retail property services platform. The Dallas-based company will retain its top officers and operate under the name CBRE/UCR.
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Albertsons, Safeway to sell 168 stores to get merger okay
Reuters
Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana, Nevada, Oregon, Texas, Washington, and Wyoming, the FTC said.
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High-end malls get boost from high-tech stores
The Wall Street Journal
The nation's high-end malls are posting record sales, thanks in part to the growing presence of technology retailers that sell pricey goods. At Bellevue Square, a shopping center in this affluent Seattle suburb, electric car maker Tesla Motors Inc. produced sales of $5,500 per square foot last January, more than five times the mall's average and at a pace the mall's owners say is likely a U.S. record for any retailer.
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Fragrances influence impression of retail spaces
Buildings
Something as simple as adding a fragrance to your retail facility could increase sales, says a new study published in the Journal of Marketing. The researchers from the Stevens Institute of Technology, City University of New York, and Temple University conducted experiments to assess how different scents could influence shoppers' perception and decision-making behavior.
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8 ways to protect your operations from severe weather
Environmental Leader
Well, we made it through the second consecutive hurricane season without severe weather damaging a major U.S. populated area. Superstorm Sandy is becoming a distant memory for some. This is both good and bad; the bad being the fear of people and businesses being complacent to the horrific effects to a building or a business of a severe storm.
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Activewear brand Lolë plans aggressive Canadian expansion
Retail Insider
Montreal-based activewear brand Lolë (Live Out Loud Everyday) plans to more than double its Canadian store count and substantially grow its sales over the next several years. We spoke with President & CEO Bernard Mariette to learn more. Founded in 2002 in Longueuil, Quebec, Lolë caters to the active urban customer. It specializes in apparel for yoga, running, swimming and other activities, as well as casual fashion apparel.
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Sick building syndrome costs millions
IFMA's FMJ
Poorly understood and often unrecognized, sick building syndrome costs companies millions every year through employee absenteeism, decreased productivity and even increased health care premiums. The good news is that more facility managers are becoming aware of sick building syndrome and are monitoring and maintaining systems and facilities more proactively.
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Commercial roofing by Duro-Last Roofing, Inc.
Facility Executive Magazine
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PRSM Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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Yvette Craig, Senior Content Editor, 469.420.2641   
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