|
Mobile version
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
STORES Magazine Share     It was November 2008. The headline in Newsweek asked, "Is The Mall Dead?" The accompanying article painted a grim picture, pinning diminishing mall traffic on retail cannibalization, the repopulation of cities and assorted other problems. … Eighteen months later, there are encouraging signs that U.S. regional malls have managed to stave off the grim reaper. They are once again attracting shoppers, now with a mix of tenants that includes everything from a tattoo shop to an MBA program, overhauled anchor spaces recast as gourmet food emporiums, over-sized specialty shops and fresh takes on services and entertainment that range from health clubs to high-end movie theaters. More
Apple may soon be the U.S.'s largest company SmartMoney Share
Apple is suddenly America's third-largest company by stock market value. Over the past three years, its shares have more than doubled in price, while those of No. 2 Microsoft and No. 1 Exxon Mobil have fallen slightly. If that trend continues, Apple will be America's largest company by year's end. That is surely one of the most dramatic corporate turnarounds in history. More Wal-Mart makes progress on sustainability goals Environmental Leader Share
Wal-Mart has met several sustainability goals including its global target to design and open a store prototype that is up to 25 to 30 percent more efficient and produces up to 30 percent less greenhouse gas (GHG) emissions than the 2005 baseline, according to the retailer’s global sustainability progress report. More
Kohl's 1Q net income rises on higher revenue The Associated Press via Google News Share
Department store operator Kohl's Corp. said its first-quarter net income rose 45 percent as shoppers spent more at its stores. The retailer raised its full-year guidance, but its forecast for the second quarter and the full year were still short of analysts' expectations. More Weakness in Europe weighs on U.S. stocks SmartMoney Share
Stocks started trading down sharply, beholden again to declines on the European exchanges and a weakening euro, as well as disappointing earnings from retailers.As of 11:37 a.m., the Dow Jones Industrial Average had dropped 169 points to 10613. The S&P 500 had shed 23 at 1134, and the Nasdaq was off 58 at 2336. The losses were widespread. Energy, materials, capital goods and financials were hit particularly hard. Techs also posted significant losses. More
London convenience retailer plans to grow fresh produce on store roof Convenience Store News Share
Thornton's Budgens, a progressive convenience retailer in the United Kingdom, is planning to start a garden on the roof of its Crouch End store in London and sell the produce it grows in the store, according to Insight's Global Convenience Store Focus newsletter. The retailer is aiming to garden using a natural approach. The store has partnered with a local permaculture gardener on the roof garden, which will occupy 4,000 square feet and grow fresh produce and herbs, including endangered species such as purple carrots. More Warmer welcome for retail discounters in Twin Cities the Star Tribune Share
In pre-recession times, thrift stores and other discount retail chains sometimes got the cold shoulder from commercial landlords because they didn't send the "right image" or because they couldn't afford the rents at prime suburban centers. But things have changed in the past few years. Discounters like the Dollar Tree, used merchandise sellers such as Goodwill and Savers Inc. and cost-cutting grocers like Aldi are among the few categories of retailers that are expanding, and rather than turning them down, struggling landlords and developers are now welcoming them as a vital lifeline to fill abundant empty space or to anchor new sites. More
Fresh & Easy undertakes LED retrofit project Environmental Leader Share
Fresh & Easy Neighborhood Market, the U.S. subsidiary of Tesco plc, will have its medium temperature cases in its 159 stores retrofitted with LED lighting through a partnership of Nualight Ltd, a manufacturer of LED lighting solutions for retail, and Kysor/Warren, a manufacturer of refrigerated cases in North America. All meat, dairy and fish cases will be upgraded to LED replacing the existing T5 Fluorescent canopy and undershelf lighting. Fresh & Easy currently uses LED lighting in external signs and freezer cases. More How H&M keeps its cool The Wall Street Journal Share
Fast-fashion retailer H&M is a bit frosty toward warm climates. The trendy company has stores in 37 countries, but none in Texas. Miami shoppers won't find a place to purchase H&M's cheap chic clothes, either. The problem isn't a lack of demand. It's that the chain's Swedish parent company, H&M Hennes & Mauritz AB, isn't sure how to sell clothes in cities that are always warm. More
Darden goes green Orlando Sentinel Share
Darden Restaurants is going green, stepping up and promoting its efforts to save energy, water and the food supply. The company aims to cut energy and water use by 15 percent over five years in its restaurants including Olive Garden, Red Lobster and LongHorn Steakhouse. It's joined a group called the Sustainability Consortium and earned U.S. Green Building Council certification for its new Orlando headquarters. More
Sports Authority launching new store brand Denver Business Journal Share
Sports Authority Inc. plans to launch "S.A. Elite," a new store brand to operate alongside the sporting-goods chain's existing stores. The privately held Englewood, Colo.-based retailer, in a statement, described S.A. Elite as a "small store concept designed to meet the needs of the elite sporting goods consumer while providing a unique and compelling shopping experience." More
Retail container traffic estimated to be up 10 percent in May The Trucker News Services Share
Import cargo volume at the nation's major retail container ports is expected to be up 10 percent in May with double-digit increases expected into this fall as the U.S. economy improves, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. More
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||
