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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Sept. 2, 2011

Freshco Retail Maintenance
Lennox Industries
The Guardian
Back-to-school shopping lifts
many retailers

The New York Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
American shoppers remained resilient in August despite wild stock market swings and worries about the economy, resulting in a respectable back-to-school shopping season so far for many merchants, according to newly released sales results. However, the impact of Hurricane Irene, which ploughed through the Carolinas and up the East Coast last weekend, hurt business for merchants, particularly clothing retailers. Retailers are still hoping to recoup lost sales in the next few weeks. More
Related story:  Retailers' August sales up despite hurricane (Reuters)

Zale sales improve, results pressured by costs
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Zale Corp. reported its third straight quarter of same-store sales gains as middle-class shoppers felt more comfortable this year about buying jewelry for Mother's Day and the bridal season. The sales gains helped the jewelry retailer report a narrower operating loss, but higher diamond, gold and silver costs put pressure on the company's gross margin. More

Costco CEO to leave; August sales up 11 percent
TheStreet    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Costco Wholesale announced that CEO Jim Sinegal will step down at the beginning of 2012. Sinegal said he will leave the company on Jan. 1, the same day he turns 76. Costco also released same-store sales data for August, reporting that revenue from stores open for at least a year rose 11 percent last month. More

Make the Change. Go Green.
Freshco Retail Maintenance offers complete facilities maintenance and floor programs for large retail chains across Canada and in New England. We are proud to introduce our Green Mile Rebate Program where we provide a monetary kick back per service call. The rebate is based on gas savings created by using more fuel-efficient vehicles. For more information please visit or website at or call 866-353-7374. more

Tough times are good times for outlet malls
The Buffalo News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even from the street, one look at the Fashion Outlets of Niagara Falls, N.Y., tells you it's booming. The parking lot is filled with cars — many of them from across the border. The mall's exterior storefronts are filled and bustling. And sleek new developments have sprung up all around it — a new Chili's restaurant, an Olive Garden, a Walmart Supercenter. More

Retail spending to rise to more than $25 billion in Calgary, Canada
Calgary Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail spending in the Calgary region of Canada is forecast to soar to more than $25 billion a year in 2012, according to a major market report. The KubasPrimedia Retail Sales Outlook Canada report for the third quarter of this year predicts the Calgary census metropolitan area will see 5.6 percent annual growth this year to $23.8 billion followed by 5.9 percent growth in 2012 to $25.2 billion. More

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Gap aims to cut GHGs 20 percent by 2015
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gap has pledged to cut its greenhouse gas emissions 20 percent by 2015, from a 2008 baseline, in the company's fifth Social and Environmental Responsibility report. The greenhouse gas goal follows an earlier 20 percent decrease in GHG emissions from 2003 to 2008, exceeding a goal of 11 percent set as part of Gap's participation in the now-defunct Climate Leaders program. More

DSW steps up 2Q comps
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
DSW's model of bringing designer goods to a budget-conscious consumer continues to pay off, as the company posted sales and earnings growth for its second quarter. DSW Inc. reported that net sales for the second quarter increased 4.7 percent to $476.3 million from $415.1 million in the second quarter of 2010. Comparable sales for the second quarter increased 12.3 percent. More

Meeting sustainability goals with low-energy lighting
Sustainable Facility    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Net-zero energy is the holy grail of high-performance commercial buildings — buildings that are so energy efficient, they use only the amount of power they produce on their own footprint. Since lighting accounts for about 25 percent of energy use in buildings, we cannot get to net zero without a serious look at what makes for good, high-efficiency lighting design and application. More

Discounter shares jump on Dollar General's results
The Associated Press via Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shares in discount and dollar stores rose after Dollar General Corp. topped Wall Street's expectations with its second-quarter profit and raised its full-year outlook. Dollar General, based in Goodlettsville, Tenn., said shoppers bought more candy and groceries at its stores during the period to help drive its revenue up 11 percent and its profit up 3 percent. More

Cleaning Services Group, Inc.

Cleaning Services Group, Inc. is a full-service building services company servicing Office Buildings, Grocery Chains, Cinemas/Theaters, Financial Institutions, Medical Facilities, Educational Facilities & Universities, Commercial Properties, Retail Store Chains, Restaurants, Speciality Facilities, National Accounts, and Distribution Centers.

Yankee Candle Company opens first retail stores in Canada
PR Newswire via Market Watch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Yankee Candle Company, Inc., the world's largest manufacturer of premium scented candles, announced the opening of its first company-owned retail stores in Canada. The Company currently operates 528 stores in the United States. As part of the company's global expansion efforts, Yankee Candle will open a total of five stores in the greater Toronto area before Sept. 16. More

Study: Americans not scrimping on clothes this fall
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shoppers may not be feeling too good about the economy, but that is not stopping them from adding clothes and shoes to their wardrobes, a recent study shows. A report by IBM says demand for apparel and accessories will stay strong this fall, as parents spend on their kids, and then on themselves. More
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PRSM Weekly
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