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Costco, Target, Whole Foods among retailers on 2013
World's Most Ethical Companies list

Green Retail Decisions
The Ethisphere Institute has named 15 retailers in its newly released World's Most Ethical Companies list. The designation recognizes companies that "truly go beyond making statements about doing business ethically and translate those words into action," according to WME. This year, a record 145 companies made the list, which includes more than three dozen industries, from aerospace and wind power to retail and restaurants/cafes. Slightly more than 100 of the WME companies are U.S. based.
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As the luxury market evolves, so does Bal Harbour Shops in Florida
The Miami Herald
The founder of Bal Harbour Shops defied his critics and created one of the world’s top luxury shopping destinations. But now the property and the Whitman family face new challenges amid a changing marketplace and increasing competition.
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Walgreens to build nation's first net-zero energy retail store
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walgreens announced plans to build what the company believes will be the nation’s first net-zero energy retail store, which engineers predict will produce energy equal to or greater than it consumes. "We are committed to reducing our carbon footprint and leading the retail industry in use of green technology," stated Thomas Connolly, Walgreens VP facilities development. "We are investing in developing a net-zero store so we can learn the best way to bring these features to our other stores. Because we operate 8,000 stores, we believe our pursuit of green technology can have a significant positive impact on the nation’s environment." More
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Walmart says its smaller stores make inroads
The Wall Street Journal
Wal-Mart Stores Inc. said its smaller-format stores are making inroads against competitors like dollar stores, supermarkets and pharmacies, and that the locations will play an integral role in the company's future. Walmart considers smaller formats to be below 60,000-square-feet.
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NRF backs legislation to repeal health care employer mandate
National Retail Federation
The National Retail Federation welcomed introduction of House and Senate legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year. "Eliminating the employer mandate would greatly aid the retail community, which is heavily dependent on labor," NRF Senior Vice President David French said. "One of every four jobs in the American economy is supported by retail, which would be jeopardized by the mandate effective in 2014. The employer mandate is already deterring job growth today at the expense of tomorrow’s economy."
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Target gives peek at first Canadian stores in expansion push
The Globe and Mail
U.S. discount retailer Target Corp. gave a first look at one of its new stores in Canada, showing freezers with locally-produced cakes and the country's iconic beaver-logoed Roots apparel brand, designed to appeal to Canadians in its massive expansion outside the United States. Target's bold entry is expected to threaten a range of Canadian retailers, from department store operators to grocers and pharmacies, and Walmrt Stores Inc has planned its own growth spurt in Canada to defend its turf.
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EPA recognizes organizations for climate change leadership
Green Retail Decisions
The U.S. Environmental Protection Agency (EPA) honored 23 winners with awards for their leadership in reducing carbon pollution and addressing climate change. Retailers Staples, Office Depot, Limited Brands and Tiffany & Co. were among those that receive Excellence in Greenhouse Gas Management (Goal Achievement Award) award. IBM and Cisco Systems were recognized for Supply Chain Leadership. SC Johnson & Sons was among those recognized for Excellence in Greenhouse Gas Management (Goal Setting Certificate).
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Healthy offerings on retail menu at shopping centers
USA Today
Shopping can be good for your health. The national obsession with fitness, healthy eating and battling obesity is altering the retail landscape of neighborhood shopping centers and strip malls: They are becoming suburban havens of healthy living. Health clubs are increasingly anchoring outdoor shopping centers. Yoga studios, yogurt shops, vitamin and workout apparel stores, organic food markets and health foods restaurants quickly follow.
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Goodbye, big box? Canadian Tire thinks small to take on giant Target
The Globe and Mail
Canadian Tire Corp. Ltd. is thinking big about getting small. The iconic Canadian retailer, whose big-box stores are a fixture in suburbs and towns across the country, will test a vastly smaller version in urban malls this summer. It’s also set to pilot a separate chain of outdoor recreation stores – and other specialty chains eventually – taking on so-called category killers such as U.S.-based Bass Pro Shops and Cabela in stores that could be as little as one-10th their size.
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13 ways to painlessly improve profitability in 2013: Electricity benchmarking
By Jay Fiske
It’s said that every journey begins with one step, but that’s not actually true because it assumes you know where you are when you begin. This article will help you figure out where the starting line is so you can measure your energy-saving progress. Whether you have one facility or a dozen, the method is essentially the same, although multi-unit operators can take the process one step further by comparing similar units to each other.
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Industry Pulse: Have you sought out aquatic training?

Proper drain cleaning products ease plumbing issues
Institutional and commercial facilities, with their occasional updates of aging plumbing systems and changing activities, can present maintenance and engineering departments with a host of drain-cleaning challenges. One important challenge for managers is specifying the right drain cleaning products for front-line technicians to meet and efficiently perform their daily duties.
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Wilson named head of Best Buy Canada
Retailing Today
Best Buy has named Ron Wilson as its new president and COO of its Canada operations, effective immediately. In this role, Wilson will lead the business in Canada under the Future Shop and Best Buy brands, including online.
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Yorkdale Shopping Centre in Toronto to welcome 12 new retailers
The Toronto Star
Yorkdale Shopping Centre is adding stores to its roster once again, announcing that 12 new retailers will be opening this year. All Saints, a U.K.-based clothing store, American womenswear retailer White House|Black Market, menswear retailer John Varvatos, New York-based designer jewelry company David Yurman, English company Mulberry, known for its handbags, and home decor outfit Zara Home will open their first stores in Canada.
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Sycamore Partners to acquire Hot Topic for $600 million
Store Chain Age
Hot Topic announced it has agreed to be acquired by New York-based private equity firm Sycamore Partners for $14.00 per share in cash, or a total of approximately $600 million. The agreement, unanimously approved by Hot Topic’s board of directors, represents a premium of approximately 30 percent over Hot Topic's closing stock price on March 6.
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Missed last week's issue? See which articles your colleagues read most.

    One of America's oldest shopping malls converts to micro-apartments (The Atlantic)
EPA releases latest quarterly green power rankings; Intel, Staples join 100 percent list (FMLink)
Publix, Office Depot, Nordstrom lead in satisfying customers (The Atlanta Journal Constitution)
Top 6 places to look for energy losses in commercial buildings (Power Engineering Magazine)

Don't be left behind. Click here to see what else you missed.

Carpet color can influence moods and performance
Cleanlink News
According to Mark Baxter, an engineer and product manager with U.S. Products, "Carpet can even stimulate or depress your appetite, lift or lower your spirits, and has the potential to improve or reduce student performance and worker productivity." This is why more architects, designers and facility managers are taking a bit more time when selecting carpeting that not only fits their décor, but the mood of building users as well.
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Big retailers focus on waste
Environmental Leader
Waste and energy use reduction are the top facility-related improvements retailers are undertaking to improve their sustainability performance, according to a report released by the Retail Industry Leaders Association. The second annual Retail Sustainability Report, which aims to provide a detailed view of the industry’s adoption of sustainability programs, was based on a survey of 35 RILA member retailers, representing more than 65,000 locations and $1 trillion in global revenue, as well as interviews with 10 members companies.
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Colby Horton, Vice President of Publishing, 469.420.2601
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