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Home   Join/Renew   Certification   PRSM Magazine   Careers   Resources April 29, 2011


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Consumer confidence rises more than forecast in April
Bloomberg    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Six straight months of job growth along with joblessness at a two-year low in March are helping sustain consumer purchases, which account for about 70 percent of the economy. At the same time, bigger gains in sentiment may be difficult as households spend more for food and gasoline. Six straight months of job growth along with joblessness at a two-year low in March are helping sustain consumer purchases, which account for about 70 percent of the economy. At the same time, bigger gains in sentiment may be difficult as households spend more for food and gasoline, which is at the highest level in almost three years. More



Mother's Day jewelry sales expected at $3 billion
IDEX Online News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Jewelry will be a popular gift option this Mother's Day, with 31.2 percent of celebrants planning to buy mothers silver, gold or diamonds, up 19 percent from last year, according to a recent survey. Total spending on jewelry is expected to reach $3.0 billion. According to NRF's 2011 Mother's Day Consumer Intentions and Actions survey, the average person celebrating the holiday is expected to spend $140.73 on gifts, up from $126.90 last year, and a return to 2008 spending levels. Total spending by adults age 18 and older is expected to reach $16.3 billion. More

Landlords try thinking outside the big box
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A survey by Colliers International, canvassing 233 of the 1,259 stores closed by the prominent failures of four national big-box retailers in 2008 and 2009, found that 51 percent of those 233 sites remained vacant as of this month. The rest were leased for rents that averaged 17.9 percent less than those paid by the previous retail tenants. More



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Furniture and gas purchases push up Canadian Retail Sales
Furniture World Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumers filling their tanks with gas and buying furniture and clothing pushed Canadian retail sales higher in February, giving retailers some relief after declining sales at the start of the year. More

Retail job numbers grow by 3,400 in year
Retail Gazette    Share    Share on FacebookTwitterShare on LinkedinE-mail article
There were 3,400 more full-time U.K. retail jobs in the first quarter of 2011, compared to the same three months last year, according to new research. The Retail Employment Monitor from the British Retail Consortium and law firm Bond Pearce found that the number of retail outlets grew by 5.3 per cent during the same period. More



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Wal-Mart tests online grocery delivery in California
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc. has begun testing an online grocery delivery service in San Jose, California, a company spokesman said. The world's biggest retailer had been rumored to be considering dipping its toe into online grocery delivery for the past few years. More

Target Joins EPA GreenChill Program
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target has joined the Environmental Protection Agency's (EPA) GreenChill program, in a move that the retailer says will further reduce its emissions from refrigeration. GreenChill offers its partners an industry benchmarking system, greater access to EPA research, and help in developing environmental stewardship goals, in an effort to reduce refrigerants’ impact on the ozone layer and climate change. More



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Chain of uncertainty
Stores    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Life is more than a little unsettled for retail supply chain executives these days. Since the start of the year they've had to deal with rising commodity prices, oil prices that have sprinted past $100 a barrel, turmoil in the Middle East that impacts oil prices and poses a potential threat to transportation routes, and the earthquake and tsunami in Japan that is likely to impact the availability of electronic components and devices. 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. More

Walgreens to acquire Carle RxExpress pharmacies
Drug Store News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walgreens has inked a deal to acquire 10 Carle RxExpress pharmacies from The Carle Foundation, an integrated network of health care services based in East Central Illinois. The drug store chain said it plans to continue operating six of the acquired pharmacies and close three locations, whereby prescription files and inventory will be transferred to nearby Walgreens pharmacies. More



It's coming. Are you ready?

On July 14th, 2012, many halogen and fluorescent lamps will no longer be available due to the Energy Policy and Conservation Act. Retailers will be hit hard and need to act now because the deadline is closer than you think. We’ve got the network, products, and expertise to provide a turnkey solution! more


SuperValu Plans 160 New Save-A-Lot Stores
GlobeSt.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
SuperValu, a $38-billion-a-year grocery chain with almost 4,300 stores of various brands, plans to increase its value footprint with value division Save-A-Lot by 160 new stores this year. The firm had a same-store sale loss on its regular retail chains, including Jewel and Cub Foods, and will not be expanding those stores. More
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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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