Stores Need to Excite, Execute, Entertain
from CNN Money
 Merchants are desperate to lift sales. Consumers are wary to spend money. So how can struggling sellers still get shoppers in the store? To survive in 2009, merchants have to aggressively court reluctant consumers with exciting products, prices and service. More
A Value Meal at Starbucks? Coming Right Up
from The Associated Press via The Washington Post
The allure of the value meal has long seduced penny-pinchers craving a cheeseburger. Now, as the dismal economy slurps up profits, Starbucks Corp. is hoping to find some sales salvation in its own value meal variety. The tug of war for coffee drinkers has gotten hotter in recent months, with McDonald's Corp. offering new, lower-priced specialty coffee drinks and Dunkin' Donuts advertising value-minded deals. More
Abercrombie & Fitch Shares Rise on January Sales
from The Associated Press via Forbes
Abercrombie & Fitch Co. shares rose yesterday after reporting its January same-store sales fell less than analysts had expected. Abercrombie has faced declining sales as it sticks to its relatively high prices and does not discount aggressively like some of its rivals. Sales at stores open at least a year, or same-store sales, fell 20 percent in January. More
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Making Sustainability a Selling Point
from Shopping Centers Today
Chief among the challenges facing owners and operators of sustainable shopping centers is not just getting good tenants on board, but getting them on board using a center’s "green" credentials. Even in tougher times, "we’re finding the majority of tenants are coming into [green] centers with open arms," said Emerick J. Corsi, an executive vice president of development at Forest City Enterprises. "We are still telling tenants we are building green and would like them to buy into it. And what we find is that as more cities demand green, tenants not only said they want to buy in, they also say it’s the right thing to do." More
Dark U.S. Retail Cloud Has a Gray Lining
from Forbes
The U.S. recession has hit American consumers like a wrecking ball as many people are losing their jobs, suffering through pay cuts, watching their retirement savings crumble and dealing with the dwindling values of their homes. The dire circumstances have made shopaholic spending a thing of the past, but January sales reports were a little better than the grim expectations investors had held. More
7-Eleven Opens Green Food Center on Long Island
from Environmental Leader
7-Eleven opened a new environmentally friendly facility on Long Island to prepare and distribute food. The distribution center will serve 674 7-Eleven stores across Long Island, Greater NYC, New Jersey and Eastern Pennsylvania. The stores place orders each morning for sandwiches, salads, entrees and other fresh foods, which are prepared for them in the commissary’s 72,000-square-foot kitchen. More
Supercenters Show Gains, Other Channels Fall in Troubled Economy
from Convenience Store News
Shopping and buying less in a troubled economy, U.S. consumers increasingly are relying on supercenters, according to The Nielsen Co. analysis of 2008 unit sales, which show budget-conscious consumers increased their supercenter spending across nearly every department, including dairy, dry grocery and prescription drugs. More
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Few New Shopping Centers While Economy's Dropping
from The Miami Herald
Fifth & Alton, set to open this summer on Miami Beach, is one of the few new retail centers on the way as developers wait for the downturn to bottom out. The good news for businesses is that leasing rates are falling. More
State of Green Business 2009: Building Energy Efficiency Rises Again
from Greener Buildings
The move to improve the efficiency of existing commercial and industrial buildings revved up in 2008, a combination of rising energy prices, improved technologies, and the recognition that even during lean times, investments in more efficient real estate can pay handsome dividends. Image-sensitive retailers like JCPenney, Giant Eagle, Target, and McDonald's all demonstrated more energy-efficient stores. The latter, which spends more than $1.5 billion a year globally to power its restaurants, said it views energy efficiency as a significant opportunity to cut costs and improve the environment. More
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Product Showcase: Don’t replace – recoat!
 Looking for a cost effective way to freshen up your facilities? Let ISP Painting show you how easy and inexpensive it is to recoat dated, discolored woodwork and give it a clean, modern look. ISP’s state-of-the-art coating never peels and it’s up to ten times less expensive than replacement!
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Green-Light Specials, Now at Wal-Mart
from The New York Times
It was billed the Choice Meeting: a secret two-day conference in Arkansas in 2005 pairing Wal-Mart Stores, a symbol of scorched-earth global capitalism, with some of the nation’s most influential environmentalists. And it began with a zinger. "Tell me why I should care about an endangered mouse in Arizona?" asked H. Lee Scott Jr., the retail giant’s chief executive, only partly in jest. More
Chili's Parent Brinker International Cuts 155 Jobs
from Reuters
Brinker International Inc. the parent of the Chili's Grill & Bar restaurant chain, said it cut 155 headquarters and field management jobs. The company cut 55 positions from its Dallas head office, where about 1,000 people work. More
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