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Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit March 14, 2014

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Google searches for space in New York City's Soho for retail store
Bloomberg
Google Inc. has been prowling Manhattan, N.Y.'s Soho neighborhood in search of a location for its first stand-alone retail outlet, according to a local real estate broker. The search-engine company, which has expanded its reach into smartphones, computerized eyewear and laptops, is considering leasing at 131 Greene St., said Faith Hope Consolo, chairman of the retail group at Douglas Elliman Real Estate.
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Internet no match for good malls, Simon says
SCT Newswire
Who's afraid of the big bad Internet? Not David Simon. Well-maintained, smartly tenanted malls in strategic locations will always hold their own against online retail, the chairman and CEO of Simon Property Group told audience members attending this year's Charles Grossman Lecture in Philadelphia.
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Understanding the commoditization of buying FM services
By: Rob Almond, NEST International and Quinn Porner, Abercrombie & Fitch
Rob Almond, chief operating officer, NEST International and Quinn Porner, senior manager Global Procurement, Abercrombie & Fitch, share their experiences in vendor management in "Understanding the Commoditization of Buying FM Services," a feature story in the current issue of PRSM Magazine. Learn from a variety of scenarios presented in the article. Watch and ward, they recommend, against contracting with service providers who promise rock-bottom savings up front, but could be challenged to deliver on the back end.
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Standby generators require regular testing, maintenance, exercising, and inspection
FacilitiesNet
The stakes are quite high when it comes to optional or life-safety emergency standby power systems. Failure to start or failure to run can have enormous consequences. Regular testing, maintenance, exercising, and inspection can help keep standby generators ready to perform when needed.
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Men's Wearhouse stitches up deal to buy Jos. A. Bank
Reuters
Men's Wearhouse Inc said it would acquire rival Jos. A. Bank Clothiers Inc for about $1.8 billion, ending a five-month saga that started with Jos. A. Bank offering to buy its larger menswear rival. The companies, operating in a mature market, have bid and counterbid for each other since October when Jos. A. Bank offered to buy Men's Wearhouse for about $2.3 billion.
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Walmart begins anticipated sustainable chemistry policy
Green Retail Decisions
Dozens of product manufacturers in Walmarts supply chain have been informed by the retailer that it is beginning to implement its new Sustainable Chemistry in Consumables policy that will phase out hazardous chemicals from consumer products, according to media reports.
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Kitchen maintenance: What's under your hood?
By Jeannea Jones
Checking under the hood is no longer just an automotive maintenance term. Facility managers should be checking under their hoods when responsible for dining areas in their buildings. In the age where convenience is king and we have everything from sidewalk cafes to full dining facilities at the workplace, you can help sustain kitchen equipment at optimal performance levels through a simple proactive approach. Whether it is a five-star restaurant, college campus dining services, local eatery or the hospital cafeteria, the same approach to maintenance should be adopted by keeping an eye on your equipment performance, exhaust systems and energy consumption.
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Chinook Centre in Calgary, Canada, is one of North America's most productive malls
The Calgary Herald
Calgary’s Chinook Centre is on the top 10 list of most productive shopping centres in North America for 2013, according to publication Retail Insider in a new report. The publication, which looks at the latest Canadian retail news, opinions and analysis, said all American malls are in U.S. dollars while Canadian malls are in Canadian dollars in the ranking.
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Why Nordstrom is well positioned for the future
Forbes
Nordstrom is a 123 year young company. Its management is innovative and looking for future growth. While many competitors speak about omnichannel, this company has done it for many years. At Nordstrom it is called multichannel.
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Whole Foods eyes sustainable flowers as consumer awareness rises
Green Retail Decisions
As sustainability and eco-awareness rises among consumers, some retailers, including Whole Food Market, believe the time has come to address the issue in floral departments.
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Ross Stores' expansion plans on track
Retailing Today
As other retailers make headlines for store closings, Ross Stores' 2014 expansion plans remain on track. The off-price retailer has already opened 30 Ross Dress for Less and seven dd's Discounts stores in 14 different states, and there's more to come.
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HVAC trends: Controls conversion
Today's Facility Manager
For decades, some building systems have benefitted from controls. Venerable pneumatic control systems use air to initialize mechanical processes. But these controls are limited to the mechanical systems such as heating, cooling, and ventilation. Newer digital control systems, commonly called building automation systems, consist of networked hardware and software capable of managing numerous building systems.
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February retail sales rebound despite winter weather
USA Today
Retail sales rose in February, signaling strength in consumer spending despite extreme weather around the country last month. Sales rose a seasonally adjusted 0.3 percent in February, the first gain in three months, the Commerce Department said. Excluding volatile sales of autos and parts, sales rose by the same percentage.
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A different kind of dollar store
Retailing Today
Smaller format stores are all the rage these days. Dollar General, which already operates nearly 12,000 stores, plans to open 700 more units this year. Walmart recently announced plans to accelerate growth of its smaller format stores by opening between 270 and 300 small stores, more than double the 120 to 150 store range it projected last fall. Even Target has gotten in on the action with plans to open its first Target Express store near downtown Minneapolis this summer.
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More eclectic shopping centers in San Diego's future?
San Diego Union-Tribune
If cities, retailers, consumers and developers all got what they wanted, malls would have not just department stores and fashion, but salons, hotels, apartments, office space, restaurants and experiences to get people to come, stay longer and spend money. And everything would be outdoors. That's the truncated version of what a panel of retail and real estate experts said at a breakfast hosted by the San Diego/Tijuana Urban Land Institute.
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Walmart flexing hybrid stores to bridge digital gap
MediaPost Communications
To fully understand Walmart's stepped-up expansion of its smaller, hybrid stores, U.S. CEO Bill Simon says, think of the new strategy as "the digital thinking of physical retail." In a presentation at the Raymond James Institutional Investors Conference in Orlando, Fla., which was webcast, Simon explains that the retailer is using its Neighborhood Market and Walmart Express formats to create a new kind of "fully tethered retailer," offering consumers all the possibilities of e-commerce with the convenience of a physical store, including such innovations as grocery delivery, drive-through grocery pickup, and storage lockers.
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J.C. Penney stock surges, Macy's hits new high
CNBC
A pair of department store upgrades drove Macy's and J.C. Penney shares higher, but while the bullish attitudes were aimed at the same sector, they gave differing opinions on where consumers' dollars are headed.
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Colby Horton, Vice President of Publishing, 469.420.2601
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