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Walgreen Co. debuts LEED program to roll out energy-efficient stores
STORES
From its founding more than a century ago, Walgreen Co. has grown into a network of neighborhood stores that offer one-stop shopping for items ranging from lipstick to Lipitor, along with plenty of pantry staples and fresh dairy products for the 75 percent of Americans the company estimates live within five miles of a Walgreens store. With more than 8,500 locations, Deerfield, Ill.-based Walgreen is also a good corporate neighbor: It has restored local landmarks in cities like Chicago and New York to house store locations. Now the nation’s largest drug store chain is banking on sustainability to curb energy costs.
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Shopping malls evolve to stay relevant
Sarasota Herald-Tribune
South Florida is the state's shopping mecca. International travelers flock to Miami, Fort Lauderdale and West Palm Beach to buy from the dozen shopping centers that dot the tri-county area. These shopping malls, which range from upscale to outlet, are some of the busiest and most cutting edge in the country.
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International trends and developments in facility management
Facility Management Journal
Facility management is a global discipline, and a sizeable one. Research from Global Industry Analysts estimates that the market will reach almost US$400 billion by 2017. While Europe and the United States account for the major share of this figure, and with Australasia continuing to have a healthy demand for facility management services, the key for future growth is in Asian countries including China and India, as well as the Middle East and South Africa. Yet despite the inherently different challenges associated with managing facilities in differing economic and topographical environments, facility management has many similarities and challenges wherever it is practiced around the world.
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Infrared imaging: Benefits beyond the basics
FacilitiesNet
In the last decade, many maintenance and engineering managers who once dabbled with infrared imaging have bought into the technology in a big way. And many who viewed it as only a futuristic possibility now realize it can bring tangible benefits to facilities at an ever-lower cost.
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Inside Hermès: Luxury's secret empire
Forbes
Axel Dumas, sixth-generation scion of the Hermès luxury goods dynasty and since February its CEO, has a secret. Sitting in his tenth-floor office with a glittering view of Montmartre, for an appointment that's taken weeks of negotiations, Dumas is four days away from replacing Christophe Lemaire, the highly regarded designer of Hermès' important ready-to-wear women's fashion line.
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The future of the shopping mall is … the shopping mall
Yahoo Finance
Reports of the death of the shopping mall have been greatly exaggerated … though it depends on the mall. Sure, "ghost malls" are real. Usually small town malls where occupancy has dipped low enough that very few opt to shop there anymore. "I think you'll see a lot of malls continue to close," says Brian Sozzi of Belus Capital Advisors. "The fundamentals of shopping are changing drastically." That, however doesn't mean America hates malls and has given up on them completely.
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How building commissioning relates to total cost of ownership
By David E. Patnaude
As facilities professionals, we are often asked to work on projects and tasks that go beyond the day-to-day operation of our facilities. The types of projects and tasks I'm talking about include capital planning, construction project management and long-term master and capital planning. Often times we enter this process with precise institutional knowledge, along with our intuition regarding particular items or projects. Once we have identified these priorities, we need to be able to present the proposal to senior management in a way that allows them to quickly understand, analyze and decide upon the proper course of action.
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Innovation will drive costs of green roofs, walls by 28 percent in 2017
EDC
Building-integrated vegetation — the use of green roofs and green walls to improve air quality, manage rainwater and generate energy savings — is experiencing a burst of innovation to lower costs and hasten payback on investment, according to Lux Research. In the drive to demonstrate economic value, the US$6 billion industry has come up with a number of new ways to reduce material, installation and maintenance costs.
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Simon Property teams up with online Refinery29 to target Millennials with pop-ups
Chain Store Age
Simon Property Group is teaming up with style website Refinery29 to create "The Shopping Block" experience at six Simon shopping centers in September and October. Targeted at Millennials, the collaboration will consist of one-day pop-ups and related events.
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REI blazes a digital trail
https://nrf.com/news/rei-blazes-digital-trail
Seventy-five years ago REI began as a community of climbers in search of quality outdoor gear. Today, with millions of active members and more than 130 stores, the passion for quality products and services still drives strategic changes and retail innovation at REI.
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Dollar General reaffirms commitment to Family Dollar
Retailing Today
Dollar General made the case for the superiority of its Family Dollar takeover bid with the release of second quarter results that revealed consistency as well some deceleration in sales and profit growth.
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Tiffany thrives as CPG retailers strive
Retailing Today
While food and consumable retailers are struggling to pass along price increases and grow same stores sales, luxury retailer Tiffany is having little difficulty with either metric. The company was able to increase prices, further expand its already huge gross margins and grow same store sales in the Americas by 8 percent during its second quarter ended July 31. Tiffany said worldwide sales increased 7 percent to $993 million and same store sales increased 3 percent.
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Gap reports higher profit, plans India expansion
The Associated Press via USA Today
Gap said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales. The San Francisco-based company also said it plans to open Gap stores in India next year. The first locations will open in the country's two largest cities, Mumbai and Delhi. Over time, the company expects about 40 franchise-operated locations in India.
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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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