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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Feb. 17, 2012

Retail sales off to a strong start
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gift cards, redemptions and warm weather have led to solid and widespread growth for January retail sales, according to two reports. January retail industry sales (excluding automobiles, gas stations and restaurants) increased 0.9 percent seasonally adjusted from December and 4 percent unadjusted year-over-year, according to the National Retail Federation. More
Related articles:
Retail sales and business inventories both rise in January (The Associated Press via USA Today)
Americans increase retail spending (The Associated Press via The New York Times)

Target signs Starbucks for Canadian locations
Calgary Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target Corp. has signed up Starbucks for the majority of its future Canadian stores. The move mirrors the retail giant's strategy in the United States, where there are close to 1,100 Starbucks outlets inside Target stores. "Starbucks has been a valued partner for more than 12 years and an integral part of the Target guest experience in the U.S.," said John Morioka, senior vice-president of merchandising for Target Canada. More

Abercrombie sees margins rising, to close more US
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Abercrombie & Fitch Co. said it expects its gross margins to recover "significantly" this fiscal year, helped by easing cotton costs and rising sales overseas, sending shares up 11 percent. The clothing retailer, which caters primarily to teens and young adults, also told analysts it was closing more underperforming U.S. stores than expected. More

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Inside the killer app for buildings and energy management    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While there are several software tools and applications that have proven beneficial for building operations and energy management, the software application with the best verified results and cost effectiveness is fault detection and diagnostics. It's the killer app of the building automation and building energy management industry. More

Survey: Sam's Club and Publix tops in customer experience
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Research results released by Temkin Group, which rates the customer experience of 206 large companies across 18 industries, showed that only eight companies deliver excellent customer experience: Sam's Club and Publix led the pack, followed by Starbucks, Subway, Chick-fil-A, Aldi, Winn-Dixie, H.E.B., and credit unions. More

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Gap opening 30 China stores this year
San Francisco Business Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
San Francisco retailer Gap Inc. plans to open 30 more stores in China in 2012. Jeff Kirwan, chief operating officer and managing director for Gap China, said that Gap will have 35 stores open in 10 major Chinese cities by year end. More

Services and maintenance: Effective green cleaning
Today's Facility Manager    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cleaning a facility involves the removal of unwanted matter, pollutants and contaminants from the indoor environment. By definition, this activity should always be environmentally friendly, but often it isn't. This is because some cleaning procedures actually add rather than remove pollutants, and this scenario is usually brought about by a combination of inappropriate processes and products. More

Valentine's Day spending at 10-year high
WOWT-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to the National Retail Federation, shoppers are expected to shell out an average $126 for their loved ones this Valentine's Day. That's the highest it's been in 10 years. More

Luxury shopping malls thriving
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a still-ailing economy, shopping centers are the latest incarnations of the widening wealth gap. Indeed, go to a luxury mall owned by Taubman Centers Inc. -- like Short Hills in New Jersey or Beverly Center in California -- and you might easily forget a recession ever happened. At the Mall at Short Hills, shoppers relax in leather armchairs and browse handbags at the newly opened Hermes boutique. Bubbling fountains, tasteful shrubbery, and filtered light keep you hermetically sealed from the headaches of the outside world. More

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KPMG Global Retail director discusses industry trends for 2012
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For retailers, there's not much left to do with the remnants of the recession other than pick up, learn and move on — and that's just what they are doing. According to the National Retail Federation Foundation's recently released Retail Horizons: Benchmarks for 2011, Forecasts for 2012, retailers in the coming months will focus solely on initiatives that drive sales growth and grow their customer base rather than the cost-containing initiatives seen well throughout 2009, 2010 and even 2011. More

Schnucks: More men shopping stores
Supermarket News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Six percent more men are doing the primary grocery shopping in their household versus five years ago, according to consumer research from Schnuck Markets. Findings indicate that while men make significantly more routine and immediate needs trips than women, female shoppers spend more money during these excursions than men. More

Lacoste brand experiences strong growth in Canada
The Gazette    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The head of Lacoste S.A. was in Montreal recently to check out the firm's new downtown flagship store and speak about his company's plans for the Canadian retail market. The sports-inspired clothing and lifestyle brand is forging merchandising relationships with high-end Canadian retailers like Harry Rosen, The Bay and Holt Renfrew. More
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