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PRSM Weekly
Aug. 21, 2009  
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New Wal'Green' Drug Store Opens in Chicago
from Chicago Environmental News Examiner
Illinois’ first LEED certified drugstore opened this week in Chicago. The eco-friendly Walgreens is the second Walgreens in the country to meet Leadership in Energy and Environmental Design (LEED) standards.During construction, 85 percent of waste was diverted from landfills. The site used had been a brownfield site, which was cleaned up and redeveloped. More    E-mail article

1st Choice Facilities Services

Gap Reports Encouraging Quarter as Profit Tops View
from Chain Store Age
Gap posted a slightly stronger-than-expected quarterly profit on Thursday as more full-priced sales, inventory controls and cost cuts helped offset declining revenue at all its divisions. The company said it earned $228 million, or $0.33 per share on a diluted basis, compared with $229 million, or $0.32 per share on a diluted basis a year ago. More    E-mail article
Related story: Gap Celebrates 40 Years in Business

Dollar General Files for Initial Public Offering
from USA Today
Discount-store chain Dollar General plans to go public in an initial public offering, according to documents filed with federal regulators. The filing with the U.S. Securities and Exchange Commission specifies no time frame or expected offering price. The documents show a proposed total offering price of $750 million. However, that estimate was made just for purposes of calculating a filing fee. More    E-mail article

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Corrigo Inc.

Sony, Best Buy See Better U.S. Holiday Sales
from Reuters
U.S. consumer electronics sales during the upcoming Christmas shopping season are likely to outpace last year's historically weak levels, but don't expect consumers to abandon their frugal ways, executives from Sony Corp and Best Buy Inc. said. More    E-mail article

Mall of America an Exception to Retail Blues
from The Chicago Tribune
When Tim and Laurie Hermeling make the four-hour drive from their family farm to the Mall of America, they expect a mob scene, and last week they got one. The giant shopping center was swarmed with visitors on a hot, sunny weekday, roaming the indoor theme park, lining up six deep at the register of Aeropostale, sampling mascara with the aid of black-suited beauty consultants at the Bare Escentuals makeup boutique. More    E-mail article

Apparel, Accessory Retailers Top Profit View
from Reuters via The Boston Globe
Tighter cost cuts and better inventory management helped several apparel and accessory retailers post second-quarter profits that topped market expectations. Dick's Sporting Goods Inc., Buckle Inc. and Children's Place Retail Stores Inc. all beat estimates, with Dick's Sporting also upping its full-year earnings view. More    E-mail article

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  • Employment to Stabilize, but Little Jobs Improvement Forseen
    from PR Newswire via AlphaTrade
    The vast majority of senior executives across a broad range of industries say they expect business conditions to improve over the next year -- and more than half of them expect the U.S. economy to substantially recover by the end of 2010 according to a national survey conducted by KPMG LLP, the audit, tax and advisory firm. More    E-mail article

    Leading Economic Indicators Rise in July
    from Forbes
    A private research group says its forecast of U.S. economic activity rose for a fourth straight month in July, but at slower pace than in the past three months. The Conference Board's index of leading economic indicators gained 0.6 percent last month, slightly less than economists expected. More    E-mail article

    Product Showcase:
    The Guardian™ from RR Enterprises

    A true innovation, inspired by nature! Introducing The Guardian™ floor drain basket. The Guardian™ contains a biodegradable, environmentally friendly bacteria puck that will keep particulates as small as a grain of rice out of your drain line system while continually infusing your drain lines with beneficial bacteria. Fewer blockages, improved odor control, and no chemicals! Minimize your facilities plumbing issues with this cost effective and natural solution. More info...

    McDonald’s Testing 10 ‘Green’ Restaurant Models
    from Environmental Leader
    In an effort to test various energy saving and waste-reducing methods, McDonald’s is evaluating 10 prototype “green” restaurant locations. The restaurant is treating the 10 locations as “learning laboratories,” said McDonald’s Vice President of Corporate Social Responsibility Bob Langert, in a Q&A with DailyFinance. More    E-mail article

    Some High-end Retailers Lower their Prices
    from USA Today
    As consumers slowly rediscover shopping, retailers are struggling to strike a balance between slashing prices and going full price. Some high-end stores are settling on lower prices and products that don't have to be discounted to be palatable. That helps maintain their brand images — and profit margins. More    E-mail article

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    Philips innovative EnduraLED™ solid state lighting retrofit solutions
    make it possible to reduce energy consumption and maintenance costs, without compromising light quality and ambience –with a simple twist. It’s an attractive payback for accent applications. More




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