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Big-box shrinkage: Retailers embrace sales on a smaller scale
TIME    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While the big-box retail model is far from dead, stores such as Walmart, Best Buy, and Cabela's are realizing that the enormous, one-size-fits-all approach doesn't work for all shoppers — nor all locations. To grow, many retailers are shrinking, sometimes with smaller stores, sometimes by introducing smaller, more intimate and approachable locations within larger stores. More



Retail sales up a robust 4.3 percent in July
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. shoppers temporarily put aside their worries about the economy and hit the malls in July, handing retailers a robust start to the crucial back-to-school season. Major chain stores posted a robust 4.3 percent sales increase in July compared with the same month a year earlier, well above analysts' expectations of a 1.5 percent rise, according to Thomson Reuters' tally of 20 retailers. More
Related articles:
Retailers beat expectations, helped by midpriced stores (The New York Times)
Gap, Macy's, Target are big retail winners‎ (Barron's)
Retail stores report solid gains in July sales‎ (The Associated Press via USA Today)


New York City cardboard recycling theft ring broken up, 3 arrested
Waste & Recycling News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A large-scale recycling theft ring in New York City has been broken up. Vincenzo Grasso, Neil Devito and John Nichols were arrested for stealing tens of thousands of dollars worth of cardboard from large New Jersey retail sites, according to a news release. The arrests were made with the help of a four-month investigation by the New York City Business Integrity Commission, a law enforcement and regulatory agency. 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


Walmart unveils 100th solar installation in California
Green Retail Decisions    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walmart debuted its 100th solar powered store in California, exceeding the company's goal of outfitting three quarters of its store base in the state with solar panels. The San Diego store is now using rooftop solar panels to generate power, contributing to the company's broader goal of being supplied 100 percent by renewable energy. Walmart’s California partner, SolarCity, installs and supports the rooftop panels. More

Hot 100 Retailers
STORES    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Three of the hottest areas in retailing right now are groceries, the result of food price inflation and contraction among supermarket operators; trendy fashion, thanks to a nascent — if halting — recovery in consumer apparel spending; and the intersection of e-commerce and telecommunications, mostly because this is the 21st century. 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


J.Crew to open 1st Asian store in Hong Kong
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
J.Crew Group Inc., the apparel retailer whose customers include U.S. first lady Michelle Obama, is planning its first Asian store in Hong Kong targeting tourists from mainland China that totaled 28 million last year. The retailer may open the Hong Kong store as early as next year and is also looking for sites in Beijing and Shanghai, Chief Executive Officer Mickey Drexler said in an interview in Hong Kong. More

Consumer confidence unexpectedly rises in July
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumer confidence unexpectedly rose in July as Americans were more optimistic about the short-term outlook than they were about their current conditions, according to a report released by The Conference Group, private research group. The report showed that while consumers are feeling better about the economy, they remain wary about the labor markets. More



Running man: Foot Locker chief leading rare retail turnaround
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Ken Hicks strides into the Foot Locker under his 34th Street office in Manhattan, N.Y., he’s easy to ­ignore. Nondescript in a gray Foley's suit and black Nike shoes, he's just another guy wandering the aisles, examining the marquee — a flag of red, white and blue basketballs hung over Olympic gear. Customers pay little attention, but employees are another story. Wandering up to referee-jersey-clad salesmen, a store trademark, the company's CEO greets them by name, asking, "You good?" They are, and they should be. More

Walgreen completes initial investment in Boots
Reuters via Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walgreen Co. said that it has completed its initial investment in Europe's Alliance Boots Holding Ltd., a $7 billion cash-and-stock deal that brings the largest U.S. drugstore chain outside its home country for the first time. Walgreen now has a 45 percent stake in Alliance Boots with an option to buy the rest in about three years. More



Shopping malls in Turkey become an unexpected art space
Hurriyet Daily News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Light installations, oil on canvas works, sculptures and performance art all have a new, rather unexpected place to be showcased rather than in museums or art galleries. All of them are popping up in shopping malls. As the growing population in the cities becomes more integrated to consumer culture art has evolved into new spaces, becoming more visible through placement in shopping malls. 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


More Canadia shoppers heading south in search of deals
Aldergrove Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cross border shopping is on the rise, and Langley residents are among those who are taking advantage of the close proximity to the U.S. border. Many Langleyites report that they buy their gas exclusively across the line, while others do a weekly grocery shop in the U.S. to get a better price on cheese, milk and meat. More

In line and on track, Target likes 2Q
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
July same-store sales at Target increased 3.1 percent, in line with the company's guidance. Target credited an increase in average transaction size as the primary driver of a 3.1 percent same-store sales increase during the July reporting period. An increase in the number of transactions also contributed to a 3.1 percent gain that was in-line with the company's guidance for a low to mid single digit increase on top of a July 2011 increase of 4.1 percent. More



Costco 3-D: The rise of the in-store network
Retail Wire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Coming to a warehouse club near you … The announcement that Costco has reached agreement with Premier Retail Networks to expand its in-store digital network to include a dedicated 3-D content channel is big news, but also brings up questions about in-store execution and whether or not the efforts will have an appreciable effect on consumer demand for the technology in their homes. More


U.S. Lawns - Commercial Landscape Management at its BEST!

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Thermal Equipment Service, Inc.

Thermal Equipment Service, Inc. has been serving the HVAC equipment needs of Kentucky and Southern Indiana for nearly 50 years. Click here to see how we can help you!


Darden Restaurants surpasses water reduction goal 4 years ahead of schedule
Chain Age Store    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Darden Restaurants reduced restaurant water usage by 17 percent on an aggregate basis between fiscal years 2008 and 2011, exceeding its 2015 goal of reducing water consumption in each of its restaurants by 15 percent on aggregate and is more than half way toward meeting the same goal for reducing energy consumption in its restaurants, according to the company's second annual sustainability report. More



JEMB Realty buying Daffy's out of bankruptcy
CBS News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
JEMB Realty Corp.is buying Daffy's Inc., one day after the privately held off-price retailer filed for bankruptcy protection. Financial terms were not disclosed. Daffy's filed for Chapter 11 bankruptcy protection on Wednesday in New York. The news follows the bankruptcy filings of rival chains Syms Corp. and its subsidiary Filene's Basement LLC in November. More


Brinco Mechanical Services, Inc.
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Best Practices in Facilities Maintenance
Proper maintenance of your facilities is a crucial part of running a business. A failure here can harm your brand and customers. This is why you should never sacrifice comprehensive facilities maintenance for cost savings. Review our free white paper today to learn “The Best Practices in Facilities Maintenance.” MORE
 
PRSM Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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