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Home   Join/Renew   Certification   PRSM Magazine   Careers   Resources   PRSM2011! National Conference April 8, 2011


Professional Retail Store Maintenance Association celebrates a successful PRSM2011!
National Conference in Nashville

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The Professional Retail Store Maintenance Association recently completed its annual conference as over 1,600 retail facilities management professionals gathered at the Nashville Convention Center for PRSM2011! National Conference.

Commencing with a Welcome Reception on Sunday, April 3 and continuing through end of day Tuesday, April 5, PRSM2011! offered a lineup packed with educational sessions, roundtable discussions, keynote speakers, networking opportunities, and a whole lot of fun in the Country Music Capital of the World, Nashville, Tenn.
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PRSM is proud to announce a new strategic partnership with BOMI International, the Independent Institute for Property and Facility Management Education
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The partnership will enable PRSM to offer an additional layer of education, designation, and certification opportunities to PRSM's retail and vendor members. "BOMI International is a well respected institute that has earned a reputation as a 'go to' resource for companies and their facilities management professionals," said PRSM Board President Paul Walsh. "As an association, it is our ongoing responsibility to look for educational and training platforms that ensure our members are always on the leading edge of the facilities management profession. BOMI International's educational and professional development programs are a strong addition to the PRSM program and will serve to enhance our knowledge, credibility, and leadership as facilities management professionals." More

Retail sales rise again in March, surprising analysts
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Bad weather, higher gasoline prices and a later Easter were expected to result in the first monthly retail sales decline since 2009, but consumers continued to spend in March, giving retailers a modest 1.7 percent gain over the same period last year. Retail analysts had expected to see the first monthly sales decline since 2009 because of those factors, which threatened to slow the industry's recent momentum. But shoppers couldn't be deterred. More

Blockbuster takeover bid by Dish wins judge's OK
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Satellite television company Dish Network Corp can go ahead with its $320 million purchase of Blockbuster Inc., a bankruptcy judge ruled. Judge Burton Lifland's approval gives Dish, led by billionaire Charlie Ergen, control of the one-time video rental leader's 1,700 stores — new ways to market Dish's services. More



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Malls face surge in vacancies
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even as the economy picks up steam, many of the nation's malls and shopping centers are suffering a hangover due to changing consumer habits and the fallout from a massive building boom. Mall vacancies hit their highest level in at least 11 years in the first quarter, new figures from real-estate research company Reis Inc. showed. More

Target eyes $6 billion Canada annual sales
The Financial Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
No. 2 U.S. discount retailer Target Corp expects to generate sales of $6 billion a year in Canada in six to seven years, Chief Financial Officer Douglas Scovanner said. It plans to open more than 200 stores in Canada, its first foray into a foreign market, with the first stores opening in 2013. More



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Retailers battling logistical concerns on multiple fronts
STORES    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Several retailers interviewed for this supply chain and logistics special report expressed mounting frustration over a lack of control when it comes to issues negatively impacting the supply chain. Still, they remain focused on managing through the mayhem, factoring unrest into their planning and, in particular, doing whatever they can to offset rising fuel costs — their No. 1 concern. More

Luxury leading the way
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Showing that luxury is experiencing measurable bounce in the recovering economy, the higher-end department stores led the same-store sales pack in March. Saks outperformed the rest of the category, recording an 11.1 percent same-store sales increase during the month. Total sales rose 9.2 percent to $260.2 million, compared with $238.2 million in the year-ago period. More



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UK 'retail recession' still to come
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Andy Bond, the former chief executive officer of Wal-Mart Stores Inc.'s Asda chain, added to the woes of the British retail sector by forecasting the "retail recession" is still ahead. This year "and 2012 will be very tough," Bond said at the Retail London conference today. “We're going to see an extended period of constrained consumption." More

Borders plan for recovery is described as doubtful
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Borders presented a restructuring plan to its creditors on Wednesday that promised publishers and landlords a sleeker, more efficient company poised to emerge successfully from bankruptcy through increased online sales and revamped stores. But publishers characterized the plan as unrealistic and said they were more convinced than ever that Borders would be forced to sell itself or liquidate. More



It's coming. Are you ready?

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Costco key sales metric rises in March
The Associated Press via Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Costco Wholesale Corp. said that sales at stores open at least a year climbed 13 percent last month, handily beating Wall Street's view. Analysts surveyed by Thomson Reuters expected a 7.4 percent increase. More

7-Eleven provides stage for Hire Heroes USA fundraising campaign to help vets return to workforce
PR Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
7-Eleven, Inc. and a coalition of its franchise owners have partnered with some of their top suppliers, all leading U.S. brands, to raise money for Hire Heroes USA. This nonprofit organization offers transition, job search and job placement assistance and services for returning veterans of Operations Iraqi Freedom and Enduring Freedom, particularly those who have been wounded or disabled during their military service. More
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PRSM Weekly
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