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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Mar. 9, 2012


2012 PRSM Association Board of Directors
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM), has elected five industry professionals to serve three-year terms on its Board of Directors. PRSM Association was fortunate to have a quality group of retail and vendor nominees who were willing to step forward to offer their expertise as association leaders. More




Retailers make a difference when disasters strike
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Mother Nature unleashed her fury again this month when dozens of tornadoes swept across the Midwest and South, killing 41 people and prompting Target to take action. The company wrote a check for $37,500 to provide support to the American Red Cross to be used in their efforts in Alabama, Illinois, Indiana, Kentucky and Missouri. While the financial donation is helpful, the greater impact when disaster strikes is the time and energy retail employees invest to help their communities recover. More

Consumer confidence in US rises
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Household confidence improved to a four-year high as more Americans said the economy was improving and decided it was a good time to shop. The Bloomberg Consumer Comfort Index was minus 36.7 in the period ended March 4, the highest since April 2008, up from minus 38.8 in the prior period. More

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Is JC Penney's makeover the future of retailing?
Harvard Business School    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ron Johnson's latest undertaking has the makings of a perfect business school case study. As the new CEO of J.C. Penney he's charged with transforming an aging department store chain with lagging market share. More

Consumers get 'lucky' as St. Patrick's Day falls on a Saturday
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Talk about the luck o' the Irish — St. Patrick's Day falls on a Saturday this year and will likely bring with it a boost in retail sales and celebrations across the country. Although St. Patrick's Day is the smallest of all the consumer holidays in terms of how much consumers will spend, it's still of tremendous importance for the industry. More




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Sears Canada closing 3 stores
Financial Post via Edmonton Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sears Canada Inc. is closing three of its stores — in Vancouver, Calgary and Ottawa — as the struggling retailer continues to contend with deteriorating sales and shrinking market share. More

Simon Property Group buying stakes in French real estate company,
US mall business

The Associated Press via The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Simon Property Group Inc. is buying a minority stake in Paris-based real estate company Klépierre from BNP Paribas for about $2 billion in a move to expand its geographic reach. The largest mall operator in the U.S. is also purchasing joint venture partner Farallon Capital Management LLC's interest in 26 U.S. shopping malls owned by The Mills LP for $1.5 billion. More




Wal-Mart making big push into Southern California grocery market
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc. has launched a big push into the highly competitive Southern California grocery business, which could spell further trouble for the region's major supermarket chains. The nation's largest retailer, which announced plans last week for a grocery store in downtown Los Angeles, has two more of its smaller-format grocery-focused stores called Neighborhood Markets in the works in Orange County, one more in Ventura County and another in San Diego. More

Kohl's has lots in store for 2012
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kohl's Department Stores has opened eight new stores, bringing approximately 1,000 new jobs nationwide. The company now operates 1,134 stores in 49 states. The new stores are located in seven states, including Florida, Illinois, Missouri, New Hampshire, New York, North Carolina and Pennsylvania. More




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American Eagle expects margins to improve
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Teen clothing retailer American Eagle Outfitters Inc. said the spring quarter started on a strong note and its margins will benefit from lower markdowns and costs as the year progresses, sending its shares up 5 percent. American Eagle, whose prices are between high-end rival Abercrombie & Fitch Co and more affordable Aeropostale Inc, is changing its merchandising and sourcing strategies under former Levi Strauss & Co executive Robert Hanson, who was named chief executive in November. More

Maurices continues strong sales growth
Duluth News Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
An expanding number of stores. Strong online sales. A successful retail strategy. All are cited as reasons for Maurices' continuing growth in sales. The company’s second quarter results are in, showing increases for the 10th consecutive quarter. More




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Williams-Sonoma profit climbs
The Associated Press via Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Home goods seller Williams-SonomaInc.said that its fiscal fourth-quarter net income rose 8 percent on strong performances from its Pottery Barn and West Elm brands. It offered fiscal 2012 earnings guidance that was slightly below Wall Street's expectations and a revenue forecast that was above analysts' estimates. More
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Save with a preventive maintenance plan
Lennox offers a comprehensive preventative maintenance plan for HVAC equipment that will help you prevent expensive unit downtime and expensive emergency repairs. With a nationwide network of specially trained technicians employed directly by Lennox, you are sure to get great service that will keep your units online and your stores comfortable. Learn more.
NJS employs the most comprehensive and professional facility cleaning services nationwide. Our philosophy is to be a technology leader in the science of dirt and in the best janitorial practices. We focus on processes and training combined with new technology to deliver superior service to match our customers' brand image. Read More
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Siemens Retail & Commercial Systems
Siemens Site Controls energy management platform enables chain retailers, restaurants and banks to improve profitability by controlling energy and maintenance costs. Site Controls monitors energy-consuming devices through on-site hardware connected to a cloud-based data center. By providing analytics across thousands of locations, Siemens Retail & Commercial Systems helps retailers create compelling shopping experiences while saving money, reducing emissions, and improving business efficiency. MORE
SELF PERFORMING OUR SERVICES
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PRSM Weekly
Colby Horton, Vice President of Publishing, 460.420.2601   Download media kit
Yvette Craig, Sr. Content Editor, 469.420.2641   Contribute news
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