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PRSM introduces comprehensive Lighting Toolkit for retail facilities
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM), the authority on retail, multi-site facilities management today announced the launch of its first comprehensive, interactive Lighting Toolkit designed to address sustainability and energy consumption mandates driven by pending government regulation. The Lighting Toolkit guides facility managers through the process of researching and investing in new lighting solutions. Step-by-step the guide shows how to evaluate lighting programs, including what to expect from each option, while providing other needed resources. More



Walgreen to take stake in Alliance Boots for $6.7 billion
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Two big retail chains on opposite sides of the Atlantic are betting that prescriptions, paper towels and nail polish are global goods. The American drugstore chain Walgreen Company has agreed to buy a 45 percent stake in Alliance Boots, the European pharmacy retailer, for $6.7 billion, in a deal that will allow both companies to extend their worldwide reach. Walgreen, which could gain full control of the company by 2015, can take advantage of Alliance Boots' operations in Europe and several emerging markets. More

US retail sales dropped 0.2 percent in May
The Associated Press via ABC News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Americans barely increased their spending at retail businesses in April and May, constrained by weak job creation and paltry wage increases. A sharp drop in gas prices pulled down overall sales in both months by 0.2 percent, the Commerce Department said. But excluding volatile gas station sales, retail sales grew only modestly in May and dipped in April. The report could lead economists to lower their outlooks for April-June economic growth. 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


Largest Sears Canada Home store to open in Ottawa
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Sears Canada has opened its largest Sears Home store at Pinecrest Shopping Center in Ottawa. The store will occupy 78,0000 square feet, and feature an expanded selection of furniture as well as the largest major appliance and mattress shop of any Sears location. More

Electricity? That's in Aisle 5
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Will consumers buy electricity from the same stores where they go for groceries or big-screen televisions? Increasingly, the answer is "yes." Utility companies believe they can benefit from the retailers' superior customer-service practices and the trust consumers have in popular retail brands. More



Free Roof Assessment?


RoofConnect, national commercial roofing services provider - One call offers peace of mind for reactive roofing emergencies & proactive roof asset planning. Call to schedule an assessment today. MORE
Siemens Retail & Commercial Systems

Siemens Site Controls energy management platform enables chain retailers, restaurants and banks to improve profitability by controlling energy and maintenance costs. MORE


Tommy Hilfiger on expansion spree in India with 500 stores
The Economic Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
American apparel-maker Tommy Hilfiger plans to add 500 stores in India over the next five years to capitalize on the brand's surging popularity, the company has told the Department of Industrial Policy and Promotion, the nodal agency that clears such foreign investments. Tommy Hilfiger Arvind Fashion Pvt Ltd, a 50:50 joint venture between the U.S. premium lifestyle brand and Ahmedabad-based Arvind Ltd, will invest Rs 60 crore in 45 company-owned stores; a significant number of the stores will be opened through franchisees, according to a foreign investment application filed by the company and reviewed by ET. More

Couche-Tard burnishes reputation after surpassing threshold in Statoil Retail bid
The Canadian Press via Canadian Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Alimentation Couche-Tard has burnished its reputation as a tough and disciplined bidder by succeeding in its protracted, $2.7-billion takeover of Norway's Statoil Fuel & Retail ASA. The Quebec-based convenience store chain and fuel station operator's shares briefly hit an all-time high in Thursday trading after it said almost 91 percent of Statoil Retail's stock, or 272.8 million shares, have now been tendered to its original offer. More



Cracker Barrel, Verizon, FEMA execs share best practices for crisis management
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When disasters happen, the response from retail can make or break a recovering community. Most in the retail loss prevention community know all too well the details of what happened in Joplin, Mo, last year. In the case of Joplin, every small retailer took a hit. And of the big brands that were located within the community, including Walmart, Target, Home Depot and Lowe's, two of the four were completely destroyed and the other two experienced significant damage. This begs the question: How can communities rebuild when their source of food, water and supplies has been severely limited? More

Zumiez to buy European retailer Blue Tomato
The Seattle Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Everett, Wash.-based retailer Zumiez, which expanded into Canada last year, now has its sights set on Europe. Zumiez said it is buying Blue Tomato, an Austria-based seller of snowboarding and surfing merchandise, for 59.5 million euros ($75 million) to strengthen its international expansion. More



600 Fashion Bug stores to close
Sacramento Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The retailing days for the Fashion Bug appear to be numbered. The Ascena Retail Group Inc., which recently acquired Fashion Bug's parent company, Charming Shoppes, has announced it will be closing all 600 locations of the women’s retailer in 43 states by early 2013. More

Target sustainability report: Carbon intensity down 5 percent over 2007
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail giant Target decreased its carbon intensity measured on a per square foot basis by 5 percent and measured against sales by 3 percent from 2007 to 2011, putting the company on track to met its 2015 goals of a 10 and 20 percent reduction against those measurements respectively, according to the company's 2011 corporate sustainability report. More


REBRAND> REFRESH> REMODEL:

Point your brand in the right direction with BrandPoint Services. From painting and graphics to flooring and electrical, BrandPoint Services is your one point solution for all of your capital expenditure needs.
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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


Microsoft to open retail store at Yorkdale, its 1st in Canada
The Toronto Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Microsoft will open its first retail location in Canada at Yorkdale, The Toronto Star has learned. The technology giant announced it would begin selling its new Surface tablet later this year, to compete with Apple's iPad. Building permit notices reveal Microsoft has also been approved to build a store in the Yorkdale shopping centre. More

Future of retail: Companies that profit by investing in employees
TIME    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ideally, a capitalist economy is constantly becoming more efficient. The benefits of that newly gained efficiency, however, are not always uniformly distributed. Sometimes it goes to business owners in the form of higher prices, sometimes to consumers in the form of lower prices, and other times to labor as increased wages. More



Starbucks to open 1st tea-only Tazo store
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Starbucks Corp., the world's largest coffee-shop operator, will open its first tea-only store in October under the Tazo brand. The shop will sell more than 80 varieties of loose-leaf tea, which will be priced by the ounce, said Holly Hart, a spokeswoman for Seattle-based Starbucks. More

Electronics retailers scramble to adapt to changing market
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even as Best Buy insists it can get out of its current predicament, competitors are circling, as everyone tries to prove one point: that electronics stores can thrive. Best Buy is closing 50 of its big-box stores, and its sales at stores open at least a year are falling. More


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StatsCan: Retail sales down 0.5 percent in April, offsetting March gain
The Canadian Press via Canadian Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Statistics Canada says retail sales slipped 0.5 percent in April to $38.9 billion, more than offsetting the gain in March. It says lower sales were reported in eight of 11 subsectors, representing 78 percent of retail sales. More

How premium brands are using brick and mortar to maintain exclusivity
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With the proliferation of luxury retailers online, and their rapid expansion to a variety of markets around the world, how does a brand maintain its exclusivity? How do fashion houses like Burberry, Gucci and Louis Vuitton have it both ways, offering something for both the aspirational customer as well as the high-end shopper? Through an intelligent brick and mortar strategy that includes select locations and painstaking attention to an interior architecture that perfectly expresses the DNA of the brand. More



Mexico retail sales hit fastest pace in 5 months
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Mexican retail sales rose in April at their fastest pace in five months as the domestic economy built up steam, but policymakers will likely hold interest rates steady in the face of slowing U.S. growth. Mexican retail sales rose 0.9 percent in April after a revised 0.43 percent drop in March, the national statistics agency said. More


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PRSM Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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Yvette Craig, Senior Content Editor, 469.420.2603   
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