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Abercrombie tries to ride Hollister to new highs
Forbes Share    
Retailer Abercrombie & Fitch said that its fourth-quarter profit fell 32.1 percent, to 53 cents per share excluding one-time items. The teen apparel and accessories peddler's bottom line was dragged down by costs related to the closure of its Ruehl stores.
Excluding Ruehl closing-related charges, Abercrombie earned 91 cents per share, topping analysts' consensus call for a profit of 87 cents per share. More
Walgreens to buy Duane Reade for $1.075 billion
International Council of Shopping Centers
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Walgreen Co. will purchase
New York-based drugstore chain Duane Reade Holdings from affiliates of Oak Hill Capital Partners for about $1.075 billion, including the assumption of debt. The transaction would include all 257 Duane Reade stores located in the New York City metropolitan area, as well as the corporate office and two distribution centers.
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Office Depot's LEED Gold Certified Store in Austin, Texas
Business Wire via Market Watch
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Office Depot, a leading global provider of office products and services, announced the efficiency results of the company's first Leadership in Energy and Environmental Design Gold Certified Store. The store, located in Austin, Texas, has lowered its carbon intensity by 23 percent thanks to a number of programs implemented at the store.
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Safeway enlists Hara to shrink energy use and carbon footprint
Greener Buildings
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With 1,730 stores in the U.S. and western Canada, Safeway Inc. has contracted with environmental and energy management software firm Hara to help reduce energy consumption as well as the retail grocer's greenhouse gas
emissions. The Fortune 50 company based in Pleasanton, Calif., is using Hara to consolidate its energy and environmental data onto a single, centralized platform.
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Do you have to find more environmentally sustainable solutions for your sites while remaining compliant and cost-effective? Join USM and special guest, Hydropoint Data Systems for a timely landscape innovation webinar. We will feature:
How the nation's top retailers are reducing spend and energy consumption
New advances in landscape technology to reduce corporate water footprint and avoid expensive facility or maintenance repairs
New
tools and techniques for smart water management
Register now for this On-Demand Webcast. more
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Jones Apparel to close 166 stores
Jacksonville
Business Journal
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Jones Apparel, parent company of Nine West, Anne Klein and Easy Spirit, will close 166 specialty retail stores this year. The
New York-based company declined to say which stores it will close, but indicated that most of the closures will be of mall-based specialty retail stores so that the company can better focus on its outlet stores.
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Verizon bringing Skype to wireless users
USA Today
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Skype announced a major deal with Verizon
Wireless that would make its inexpensive online-calling service available to up to 90 million Verizon users, vastly expanding Skype's presence on smartphones. "This is an important step in making Skype available anytime, anywhere," Skype CEO Josh Silverman says. The deal gives Verizon customers with smartphones and data plans the option of making unlimited calls to hundreds of millions of Skype users worldwide, beginning next month.
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Rite Aid rises on speculation it's a takeover target
Bloomberg via BusinessWeek
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Rite Aid Corp., the third-largest drugstore chain, rose the most in two months in New York trading on speculation that Walgreen Co.'s acquisition of Duane Reade Holdings Inc. makes it a more likely takeover target. Wal-Mart Stores Inc., the
world's biggest retailer, and CVS Caremark Corp. and Walgreen, the two largest U.S. drugstore chains, may be interested in Rite Aid's stores, Neil Currie, an analyst at UBS Securities LLC, said in a note to investors.
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Join the national retailers and BSCs
that have simplified operations while saving 30% to 50% on cleaning chemicals. Just drop our patented, DfE-approved PAK-IT™ into bottles, buckets or floor equipment, add water and go! New Traction-Pak™ helps eliminate slips/trips/falls while revitalizing your finish. more
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'Green' is the new black: Northwest retailers offer shoppers more eco-friendly options
The Seattle Times
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When it comes to apparel, green is the new black. Even during the recession, shoppers have increasingly asked for more clothing, shoes and accessories made from sustainable and organic materials. Manufacturers and retailers are responding. Companies
such as REI and Nordstrom are stocking more "green" merchandise, including scarves made from recycled cashmere sweaters, organic cotton shirts and running shoes featuring biodegradable midsoles.
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DENTCO's Exterior Services
Management Specialists have discovered similarities among changes in both retail and commercial facility maintenance. The evolving threads expose dramatic change stemming from consolidation, technology updates, workforce reductions, dark stores and new forms of risk and liability. If you notice any of these signs of evolution in your retail or facility locations, call in the DENTCO specialists today! Visit us online at www.dentco.com/evolution or
call us at 800.993.3689. Let the Evolution Begin! more
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Wal-Mart posts strong quarterly profit but issues a cautionary note
Los Angeles Times
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Retail giant Wal-Mart Stores Inc. reported a 22 percent increase in profit for the fourth quarter but said an important measure of sales fell and cautioned that it expected a challenging
start to the year for its U.S. business. For the quarter ended Jan. 31, the world's largest retailer said profit was $4.63 billion, or $1.21 a share, up from $3.79 billion, or 96 cents, in the year-earlier quarter.
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The leading nautical lifestyle brand, Sperry Top-Sider, launches innovative new stores to bring brand to life for shoppers
PR Newswire
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Sperry Top-Sider, the brand for those with a Passion for the Sea and the inventor of the world's first-ever boat shoe, announced that it is launching innovative new retail stores that
will feature all the newly expanded Sperry Top-Sider seasonal products for men, women and children in an authentic nautical shopping environment designed to fully bring the brand to life for consumers.
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Serving Retailers for 10 years as a Licensed Self-Performing Contractor for All Retail Services within the US & Canada. IVR, Software Uploading, Status Reporting, and more. MORE |
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Asda poised to accelerate small format store openings
The Financial Times
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Asda plans to open 100 smaller format stores in the next three to five years, according to analysts at JPMorgan. In a note, JPMorgan said Asda set out the plans at a supplier conference last week. The U.K.'s second-biggest supermarket also intends to open 150 non-food stores, in what
would be an acceleration of the roll-out of its Asda Living format, JPMorgan said.
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1 Stop Facilities Maintenance is proud to announce its new office opening in Hong Kong on February 22, 2010.
30_32 Connaught Rd. Central
14th Floor-Chuang Tower
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With over three decades in the industry, servicing some of the Nation’s
most recognized names in the
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Landscape Maintenance
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Stretching your maintenance budget and extending equipment life are critical for your organization's success. As the largest self-performing HVAC/R service provider in North America,
Johnson Controls can maximize operational efficiencies in your HVAC/R system, provide you a single point of contact and accountability plus implement energy and cost savings maintenance strategies that make your facilities more comfortable, safe and sustainable. More Info
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All American Maintenance is a licensed and bonded floor contractor that is Epoxy Floor System Certified.
An Epoxy Floor requires very low maintenance. The finish can be applied as clear coat, color pigmented coating, or diamond polish.
It can be used in restaurants, grocery stores, warehouses and retail stores.
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Click here for more information on all of our services.
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USEG is a 24 hour storefront repair and replacement company. We specialize in glass, doors, locks, gates, film, and
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Dedicated, self-perform crews. National
coverage at local prices. A full range of maintenance and repair services for illuminated signs & facility lighting. IMS has everything you need to present your business in the best light possible. Call 888-724-0381 today.
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No matter how many facilities you manage, you can now use just one number to
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Managing your facilities just got a whole lot easier.
866-372-0598
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