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Study: Walmart, Target lead influencers for CPG product sustainability investment
Green Retail Decisions
Consumer packages goods companies report that retailers such as Walmart and Target are spurring them to invest in product sustainability, according to new research by Pure Strategies. Top retailers, as well as corporate strategy and CEO vision, are the main reasons CPG companies said they are incorporating sustainability programs into their product development efforts.
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Unlocking the ADA Code: Basic compliance principles for doors in the retail setting
PRSM Magazine
In the current PRSM Magazine article, "Unlocking the ADA Code," Katie Willie of LockNet provides practical guidance on a number of key areas for retail store doors, including clear opening width, thresholds, door and gate hardware, closing speed, opening force and other specifics. Read the full article for more guidance on this topic and other compliance-related stories in the current issue.
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2 FM quick reads on reroofing
FacilitiesNet
If you have walked your roof and determined that the roof is still in fairly good condition, you may want to consider coating the existing roof to avoid the cost of reroofing for another five to 10 years, depending on the coating and the condition of the original roof. A coating usually has a five-year life over an aged roof system. However, before doing so, a moisture survey is a necessary step.
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Ikea completes Maryland DC rooftop solar array
Green Retail Decisions
Ikea officially plugged-in an expansion of the solar array completed last April atop its Perryville, Maryland, distribution center, the state's largest such solar energy system, Ikea said in a statement. Installation of the new panels began in the fall of 2013, and since then the project size has nearly doubled from the original project, which already was the state’s largest rooftop array.
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Kroger to buy Vitacost for $280 million
Bloomberg Businessweek
Kroger Co., the largest U.S. supermarket chain, agreed to buy online retailer Vitacost.com Inc. for $280 million to add a new channel for selling nutrition and healthy-living products. The $8-a-share deal has been approved by both boards and by holders of 26 percent of Vitacost's shares, the companies said in a statement.
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The HVAC factor: Double duty
Today's Facility Manager
The proliferation of smart phones and tablets, coupled with the general acceptance of Bring Your Own Device in offices, has created a new challenge for facility managers and property owners alike. Users have come to expect mobile connectivity everywhere, especially where they work and live.
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Bob's Stores parent company to acquire Sport Chalet
Retailing today
Vestis Retail Group, the parent company of Bob's Stores and Eastern Mountain Sports, has set the wheels in motion to acquire Sport Chalet. The acquisition will create one of the largest sporting goods retailers in the United States, with more than 150 stores and coverage on the East and West coasts.
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The low-down on low-flows
Buildings
Low-flow water fixtures have long been known as an easy water-saving strategy with a relatively quick payback, but despite this, a surprising number of buildings still employ the old high-flows. Is your facility one of them? If you're looking to make the financial case for an upgrade, look no further. Discover just how simple – and profitable – a retrofit can be.
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Malls rebrand, adapt as shopping habits change
Buffalo News
As shopping habits change, some predict that traditional, enclosed malls are doomed to go the way of the leg warmer. So malls are fighting back. In Western New York and across the country, they are adapting strategies to stay relevant, some emphasizing high-end stores and others adopting an atmosphere that is almost like a community center.
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Santa Clara, California, shopping center rises from the dead with big box stores coming to rescue mom and pop shops
San Jose Mercury News
The suburban shopping center — a retail concept based almost entirely on the availability of plentiful free parking — achieved its near-centrality in American life by 1987, when the nation's 30,000 malls and shopping centers accounted for 50 cents of every retail dollar spent. From the lowliest strip mall to the newly conjoined Valley Fair, which brought open-air shopping centers in California's San Jose and Santa Clara under a single massive roof, cars and the consumer culture proved an irresistible combination.
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Forever 21 plans to double its stores worldwide
Racked National
Forever 21's new, ultra-bargain-priced store F21 Red could be coming to a city near you. Forever 21 CEO Don Chang told WWD it's likely that more F21 Red stores are in the works, with further information about F21 Red openings to be released in the next few months. The very first F21 Red store opened near Los Angeles in May, selling basics for mind-blowingly low prices, like jeans for $7.80 and tees for $3.80. Of course, prices that low have raised questions about Forever 21's labor practices.
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Kite completes $2 billion Inland merger, doubling in size
The Indianapolis Star
Kite Realty Group is now flying twice as high after its merger with a Chicago area rival. Kite has doubled its shopping center holdings to 133 properties totaling 21 million square feet with the $2.1 billion acquisition of Oak Park, Ilinois-based Inland Diversified Real Estate Trust.
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Empty big boxes are finding new purposes in Minnesota
Star Tribune
The ubiquitous big-box concept has reached middle age, but many of the stores never had much of a life. Bankruptcies, downsizing and changing needs among retailers resulted in thousands of closures nationwide. But fortunately, some of these dormant spaces have entered inventive second acts, with Minnesota now home to some of the more unusual examples of big-box reuse.
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Cutco Cutlery set to open first Austin, Texas-area retail store in July
Austin Business Journal
Cutco Cutlery Corp. – an Olean, New York-based high-end kitchen cutlery manufacturer – will open its first store in Austin, Texas, at in mid-July, the company said. Cutco Cutlery, a subsidiary of Cutco Corp., manufactures butcher knives, paring knives, flatware and other kitchen utensils that are sold in retail stores and through home demonstrations by Vector Marketing, another Cutco subsidiary.
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Let's work together.

Through a proactive application of services tailored to meet whatever problem may arise, we can find efficient, productive and cost effective solutions while maintaining the integrity of your brand. MORE
Controlling Liabilities through Proper RFP Creation
As the seasons turn to winter, it is vital to begin preparations for your winter snow service. Knowing your exact snow service needs and preparing to budget for those needs is the first step in controlling liabilities. SMS can help MORE


RK Centers purchases Worcester Crossing for $49 million
Shopping Center Business
RK Centers has purchased Worcester Crossing from Madison Properties for $49 million. Cushman and Wakefield oversaw the sale of the 386,853-square-foot center on behalf of the buyer and seller. Worcester Crossing in Massachusetts is 100 percent leased to national and local tenants, and is anchored by Walmart, Sam's Club and Olive Garden.
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NRF plans to appeal debit card wipe fee ruling to Supreme Court
National Retail Federation
NRF has taken the first step toward asking the U.S. Supreme Court to review a Circuit Court of Appeals ruling that cost retailers and consumers billions of dollars by leaving the Federal Reserve’s cap on debit card swipe fees at 21 cents rather than reducing it to a lower level.
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Might Apple have a future as a fashion conglomerate?
CNET
With tech apparently heading toward inevitable wearability, might Cupertino be tempted to have a few smaller high-tech/high fashion brands under its wing?
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Retail turnover from smaller cities jump 92 percent in Q1 FY15
Business Standard
Indicating broadening of the nation's capital markets, the daily average turnover on the NSE from retail investors in smaller cities surged by 92.6 percent to Rs 2,620 core in the first quarter of 2014-15 over the same period of the preceding fiscal.
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PRSM Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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Yvette Craig, Senior Content Editor, 469.420.2641   
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