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Education and Events    Resources    News and Publications    Get Involved    Membership    About PRSM Sept. 9, 2011

Freshco Retail Maintenance
Lennox Industries
The Guardian
Many retail industry analysts predict a good holiday season
Los Angeles Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
As retailers head into the all-important holiday season, they have reason to be optimistic: Months of solid sales are widely expected to carry through to the end of the year, when shoppers are most likely to open their wallets. Positive holiday performance could have a far-reaching effect. With consumer spending accounting for about 70 percent of the nation's economic activity, robust sales could breathe life into what has been a sluggish year so far for the broader economy. More

Feds: Consumer spending rose in most areas
The Associated Press via The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Despite the turmoil that shook the financial markets last month, the Federal Reserve said that its 12 bank regions grew this summer because consumers in many parts of the country spent more. The Fed said five of its regions, Dallas, Kansas City, Minneapolis, San Francisco and St. Louis. reported modest or slight growth in late July and August. The seven other regions described growth as subdued, slow or sluggish. More

Gap Inc. opens first Banana Republic store in Russia
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gap Inc. announced that it has opened its first Banana Republic store in Russia through its franchise channel. The company also announced that it will open its first Gap store in Serbia. This store will represent the company's 200th franchise store globally. 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

Influx of health clubs helps shopping centers as traditional tenants pull back
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Vacancy-plagued shopping centers in the U.S. are getting a lift from tenants who deal in sweat rather than typical retail goods. Health clubs and gyms accounted for 8.8 percent of new leases signed so far this year by retail chains in the U.S., compared with 7.9 percent at the same point last year, according to real-estate research company CoStar Inc. The rush into shopping centers has helped fuel a 57 percent increase in square footage occupied by U.S. health clubs since 2007, to more than 70 million square feet. More

Sears sees growth selling its brands in other's stores
RetailWire via Forbes    Share    Share on
FacebookTwitterShare on LinkedinE-mail article
Sears as a brand marketer, rather than a retailer, may have gotten its biggest boost to date with the news that Costco is now selling Craftsman tools in its clubs across the country. More

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Outlet malls a big hit for back-to-school shoppers
The Associated Press via Google News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Parents have a new goal this back-to-school shopping season: Buy their kids the name brands they want without spending like it's 2007. After the recession began in late 2007, cost-conscious consumers sought out the cheapest shirts and shoes they could find at merchants like Wal-Mart and Target to keep their budget in check. But these days, value is the name of the game. More

Inter Ikea boosts China spending with $626 million Shanghai shopping mall
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Inter Ikea Centre Group, the developer of the world's largest home-furnishings retailer, is boosting the size of three malls it's building in China and plans a fourth in Shanghai on "huge demand" for shop leases. More

Wal-Mart International CEO sees Japan acquisitions
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc. could use some acquisitions to help increase its business in Japan, said Doug McMillon, president and chief executive of Wal-mart International. While McMillon did not specifically address any deals Wal-Mart might be considering, Tesco Plc. put its Japanese business up for sale. Sources told Reuters that Tesco hired Goldman Sachs to advise it on selling 129 stores in the greater Tokyo area. More

The Favorite 50
STORES    Share    Share on FacebookTwitterShare on LinkedinE-mail article
E-commerce powerhouses, and remain ensconced as the top e-retailers in the STORES Favorite 50, but specialty retailers are gaining notice by responding to the demands of their (mostly) younger customers. More

RadioShack says it is largest rechargeable battery recycler
Dallas Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
RadioShack said it is the largest retailer for recycling rechargeable batteries. The Fort Worth, Texas-based electronics retailer said it has collected 5 million pounds of rechargeable batteries since partnering with Atlanta-based Call2Recycle in 1996. More

Finish Line acquires 18-store chain for $8.5m
Indianapolis Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Finish Line Inc. has acquired the assets of an 18-store specialty running chain for $8.5 million, the Indianapolis-based athletics retailer said. The stores operate under banners including the Greater Boston Running Company, New York Running Company and Texas Running Company, and are in Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas, as well as the District of Columbia. 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.

Supervalu to sell 107 fuel centers
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Supervalu has announced the sale of 107 fuel centers located in the Midwest, Intermountain West and West Coast regions following the acceptance of four separate bids to purchase the centers. The transactions include the majority of fuel centers within the Albertsons, Cub Foods, Hornbacher's and Jewel-Osco banners. More
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We Know Maintenance.
Inside and Out.
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PRSM Weekly
Colby Horton, Vice President of Publishing, 460.420.2601   Download media kit
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