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PRSM members earn and renew retail facility management profession's top certification
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM) today announced that two new members have attained the Retail Facility Maintenance Professional (RFMP) certification and three members have renewed the credential. The Retail Facility Maintenance Professional (RFMP) certification is a mark of excellence achieved by less than one percent of all facility management industry professionals. More



NRF report finds no retailer immune to organized retail crime
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Growing in severity, number and type, retailers are reporting organized retail crime has become more troublesome than ever before. Of the 125 retail companies surveyed for National Retail Federation's eighth annual Organized Retail Crime Survey, a record-setting (96 percent) say their company has been the victim of organized retail crime in the past year, up from 94.5 percent last year, and another 87.7 percent say ORC activity in the United States has grown over the past three years. More

Starbucks acquires Bay Bread for $100 million in cash
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Starbucks Corp., the world's largest coffee-shop operator, agreed to buy Bay Bread LLC for $100 million in cash, making its largest acquisition to further expand its offering of food with pastries and sandwiches. More

Adfinity™ X20R REV™ Automatic Floor Scrubber
The compact Advance Adfinity™ X20R REV™ automatic walk-behind floor scrubber features dual-action scrubbing capabilities with the innovative Random Orbital Scrubbing technology. Attacking dirt and floor finish from multiple angles, the Adfinity REV delivers uniform daily scrubbing performance and deep scrubbing for chemical-free finish removal in a single pass. more


Target's Canadian strategy — go big or go home
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target's plan to achieve $6 billion in Canadian sales by 2017 is doable, according to Bernstein Research analyst Colin McGranahan, who notes the company's goal is dependent on achieving sales productivity levels higher than the United States. He has an outperform rating on shares of Target and believes the market is discounting what he believe is a high likelihood of success in Canada where the company expects to open as many as 135 stores by 2014. More

The doctor will see you in Walmart
InformationWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Officials at Telemed Ventures told InformationWeek Healthcare that Walmart recently began a pilot program at its Bensalem, Pa., store that allows doctors to examine patients with minor illnesses. The retailer also plans to offer telehealth services at its supercenter in Willow Grove, Pa., which is currently under construction. Walmart hopes to expand the service to other stores across the country, eventually offering primary care services to millions of Americans at a lower cost than traditional clinics and small physician practices. More



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Albertsons supermarket chain announces up to 2,500 layoffs in Southern Calif., southern Nevada
The Associated Press via The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Albertsons will lay off as many as 2,500 employees at 247 Southern California and southern Nevada supermarkets beginning June 17, the supermarket chain announced. Some employees will be laid off at every store and the layoffs should be finished by July 1. Representatives would not say if any stores would close or if there would be additional rounds of layoffs. More

Improve retail brick and mortar and they will come
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Reading the mood of today's savvy consumer, the company employs rich materials and design integrity to create detailed environments that feel inviting and comfortable for families and customers of all ages. This signature "Caruso style" has become a recognized brand for the company and a much-emulated style within the retail industry. More



NRF: Shoppers will spend more than ever for Father's Day this year
Retail Customer Experience    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The average person will shell out $117.14 on Father's Day gifts this year, up 10 percent from $106.49 last year and closing the gap between its biggest competitor: Mother's Day (consumers planned to spend an average of $152 on the holiday). Total spending for Father's Day is expected to reach $12.7 billion, according to a National Retail Federation survey. More

Apple eyes new stores in two Chinese cities as iPad suit continues
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Apple Inc. is looking to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, government officials said, while it continues to fight a Chinese company over the use of the iPad trademark. Opening stores in Shenzhen and Chengdu will be a big boost for Apple's China business, which currently has only five stores on the mainland, three in Shanghai and two in Beijing. More



Bed, Bath & Beyond buys Linen Holdings
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Bed Bath & Beyond has expanded its business with the all cash acquisition of Linen Holdings, LLC for approximately $105 million. Based in Gibbsboro, N.J., Linen Holdings LLC is a privately-held, value-added distributor of bath, bed and table linens, other textile products and amenities to customers in the hospitality, cruise line, food service, health care and other industries. More

Malls face difficult test of balancing safety and access
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The deadly shooting at Toronto's Eaton Centre on June 2 brought home just how difficult that balancing act can be. Rising levels of violence and threats of terrorism have forced some malls, particularly in the United States, to introduce drastic measures such as restricting access by teenagers, banning certain types of clothing and using undercover officers specially trained in detecting trouble-makers. But shopping malls can only go so far. More


BrandPoint Announces New President

Brandpoint Services Inc. is delighted to announce the appointment of Steve Hearon as President. Steve plans on using his knowledge of the industry and strong customer service background to make BrandPoint Services into one of the foremost leaders in Construction Services.
MORE
Atlas Sign Industries

Nothing promotes your business like the sign which identifies it. We offer a full line of in house manufacturing from pylon and monument signs, to iluminated channel letters and large format digital printing. MORE


Report: Metro Detroit to see retail growth this year
The Detroit News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Metro Detroit's retail industry will continue to slowly grow this year, despite continued financial tribulations in Detroit, according to a newly-released report. Employment, construction, commercial occupancy and rents are all expected to increase, positive economic signs that will boost retail shopping, according to a Marcus & Millichap second-quarter market overview report. More

Chinese food-court innovation could signal coming change in the US
QSR Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Food courts in China today offer a range of experiences, from the simple stands one might see in the U.S. to high-end, luxurious food spots. The variety and move toward more upscale food courts, many believe, could give U.S. restaurants a glimpse of things to come state-side. More



What it will take to fix JCP and other ailing retailers
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It's been about a year since former Apple retailing star Ron Johnson resigned to take the top job at JC Penney. Despite gale-force headwinds facing retailing and particularly the mall/department store category, Wall Street and the media have mostly been giddy about Johnson's turnaround plan. More

Lululemon stretches to balance expansion against profit
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Lululemon's chief executive officer is betting that pumping up the company's investments in testing new product lines such as swimwear while building up inventories of its core yoga products will pay off in the long run. But the cost of ramping up her strategy is dampening the company's 2012 outlook, which fell short of analysts' targets and prompted the stock to tumble nearly 9 percent. More


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Target's city ambitions
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a landmark building in Chicago's downtown Loop, Target is putting the final touches on what's arguably its most radical experiment since bringing designer goods to the masses 15 years ago. In late July a new kind of Target — prosaically named City — will open on South State Street, just down the block from a Macy's and across the street from a Forever 21. City stores, which are two-thirds the size of typical Target big boxes and may shrink further, will also open this year in Los Angeles, Seattle, and San Francisco. More

RadioShack signs joint venture to open small stores in Asia
Dallas Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Fort Worth, Texas-based RadioShack Corp. signed a deal creating a joint venture with Asian retailer Cybermart to open small retail stores in China, Taiwan, Hong Kong and Macau. The stores will have the RadioShack brand and sell "consumer electronic products, accessories and related services." The first store is scheduled to open in Shanghai in July. More



Enter the maze: Ikea, Costco, other retailers know how to get you to buy more
The National Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Persuading a customer to buy is the holy grail of retail. It may be the lighting, or an artificial scent introduced to put people in a particular mood to purchase a particular product. At a time when retail experts are capitalizing on mobile apps and digital technology — when researchers are, for example, toying with the idea of attaching GPS trackers to shopping carts so witting customers can build personal shopping profiles and receive customized discounts — retailers are also finding new, less visible ways to tweak browsers into buyers, and buyers into even bigger spenders. More

Clothing chains to spend $35 billion in US growth bet
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For all the concern that the U.S. economy may be slowing, retailers from Express Inc. to Finish Line Inc. are poised to spend the most on capital improvements since the recession. Having focused on growing online and internationally in recent years, U.S. retailers are accentuating the shopping experience in an effort to boost sales amid increasing online competition. More


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Colby Horton, Vice President of Publishing, 469.420.2601
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