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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM June. 10, 2011

National Janitorial Solutions
Provisioned Services, Inc.
Nationwide Interior Contractors
Consumer comfort in US gains as gasoline prices decrease
Bloomberg    Share   Share on FacebookTwitterShare on LinkedinE-mail
Consumer confidence rose last week for the third consecutive time as lower gasoline prices lifted Americans' outlook on their finances. The Bloomberg Consumer Comfort Index climbed to minus 45.9 in the period to June 5, the best showing since the end of April, from the prior week’s minus 47.1. Across income groups, sentiment improved the most among those making less than $50,000 a year. More

FM Facility Maintenance acquires assets of US Signs, Inc.
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
FM Facility Maintenance, a Hartford-based leading provider of outsourced facility maintenance services, today announced that it has acquired the assets and certain liabilities of US Signs, Inc. US Signs is a national leader in providing brand application management for clients with multisite retail locations in the United States. With this acquisition, FM Facility Maintenance strengthens its position as a service provider of facility maintenance services to customers with a national footprint. More

Best places for retail expansion: South America surges to top
CNBC    Share    Share on FacebookTwitterShare on LinkedinE-mail
Getting it right in developing markets is a challenge, but it is an essential task for retailers if they want to give their sales growth a boost. "You can't afford to not think about global expansion," said Hana Ben-Shabat, a partner at global management A.T. Kearney and co-leader of an annual study that ranks emerging markets that are most ripe for retail expansion. More

Lead and Learn at PRSM LIVE Events Coming Up June 21, 22, 23
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
PRSM LIVE is a series of professional development programs that provide an additional opportunity to stay connected and to engage in conversation relating to the issues, challenges and happenings in the facilities maintenance industry in a local area. The education topic is Proactive Risk Evaluation and Business Continuity, How Much Does Nothing Cost? More

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Target's 100 billion plan
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target ended last year with sales of $67.4 billion and earnings per share of $4, but if company chairman, president and CEO Gregg Steinhafel has his way, within six or seven years earnings per share will double to $8 and sales will top $100 billion. More

More Americans demanding Canadian retail space,
will drive up rents

The Canadian Press via Winnipeg Free Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Canada's largest shopping mall owner expects store rents to increase in the next few years as more American retail chains head north, driving up competition for prime retail spaces. RioCan Real Estate Investment Trust says it is currently in talks with American chains like Target Corp., Dollar Tree and overstock seller Big Lots about their plans to move to Canada. More

Sears, USPS efficient lighting to save millions of kWh
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sears says its Canadian stores are making one of the world’s largest replacements of inefficient lighting, the Toronto Sun reports. More than 130,000 inefficient incandescent spotlights are being replaced with LED lighting in all Sears Home and full-line stores across Canada, the company said. Sears says the switch will reduce its electricity use by more than 16 million kWh per year. More

Electric vehicle chargers roll out at more US stores
SCT Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Electric vehicles, or EVs, are making their way into U.S. shopping center parking lots. Now more retailers and landlords are setting up charging stations to give these drivers a convenient place to 'top off" their cars with an hour or two's charge — while doing some substantial "charging" of their own while they wait, in a nearby store or restaurant. More

What we've learned: A decade on, the Sept. 11 attacks influence mall, store security
Stores    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Osama Bin Laden was killed by U.S. forces in Pakistan last month, it marked a significant milestone in what has broadly been termed the war on terrorism. But experts and analysts were quick to point out that the threat of terrorism is still very real, and that enhanced security measures put in place after 9/11 are likely to remain for years to come. Malls and many retailers have dramatically altered their security operations over the last 10 years. More

Wal-Mart unveils ministores near dollar rivals
The Associated Press via The Seattle Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Walmart of the future could very well be the size of your local drugstore. Wal-Mart Stores unveiled its first Walmart Express, its answer to the growing threat of dollar stores which have been successfully maneuvering the post-recession economy. More
Related story:  Wal-mart Canada Wins Excellence in Retailing Award (CNW Group)

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Apple rated top retailer in Canada
QMI Agency via Toronto Sun    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If the constant lineups and swarms of shoppers huddled around the latest gadget at Apple stores across the country weren't proof enough, a new study finds Apple is outperforming Canadian retailers. More

Borders may have to close some of its best stores
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Bankrupt Borders Group Inc. said it may have to close up to 51 more stores — including some of its most successful — as the shrinking bookstore chain struggles to avoid defaulting on a bankruptcy loan. More

Children's clothier Hartstrings declares bankuptcy
The Philadelphia Inquirer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Children's clothing retailer Hartstrings L.L.C., based in the Philadelphia suburbs and owned by the Maryland private-equity firm American Capital L.P., has declared Chapter 7 bankruptcy and plans to dissolve the business. More

Petco buys Complete Petmart chain
Business Courier    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Specialty pet retailer Petco has purchased the 29-store Complete Petmart Inc. chain. Dayton, Ohio-based Complete Petmart operates 12 stores in Cincinnati and Northern Kentucky. More
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PRSM Weekly
Colby Horton, Vice President of Publishing, 460.420.2601   Download media kit
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