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Target receives LEED certification for 44 more Canadian stores
Chain Store Age
Target announced that an additional 44 store locations in Canada have been awarded LEED (Leadership in Energy & Environmental Design) certification. This means that all 68 newly launched Target locations have been awarded LEED certification, a first for a major retailer in Canada.
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Neiman Marcus is sold for $6 billion
The New York Times
The owners of the Neiman Marcus luxury retail chain agreed to sell it to a group led by Ares Management and a Canadian pension plan in a deal worth $6 billion. The owners, a group of private equity investors led by TPG and Warburg Pincus, had been searching for a buyer for Neiman ahead of a planned initial public offering later in the year.
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12 new retail concepts you haven't heard of yet
National Real Estate Investor
While demand for retail space may not be back to pre-recession levels yet, both domestic and international companies are once again investing in new concepts. These range from fast fashion powerhouses to furniture sellers to hybrids that sell everything under the sun. Here we round up 12 concepts that are so new many of you haven't seen them on the ground — yet.
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Cocktails? Next to women's jeans at Nordstrom in Bellevue, Wash.
The Seattle Times
Located on the second floor of Nordstrom in Bellevue Square in Bellevue, Wash., the Habitant looks like a swanky hotel bar that's been uprooted and plopped down in the middle of the women's department, adjacent to the $198 low-rise jeans. But mostly, the cocktails aren't as ambitious or as nuanced as those served at the better cocktail dens on Capitol Hill. But they’'re balanced drinks and still a notch better than the candy-cocktail lounges around downtown Bellevue.
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Gap charts Social and Environmental Responsibility progress
Green Retail Decisions
San Francisco-based Gap Inc. released its sixth Social and Environmental Responsibility Report, highlighting the company’s commitment to local communities and efforts to improve social and environmental performance globally.
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Walmart US CEO 'amazed' by shoppers' resilience
Reuters
U.S. consumers are ready to shop this Halloween, Thanksgiving and Christmas as they "find a way to navigate" through a continued difficult economy, Walmart U.S. Chief Executive Bill Simon said.
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New Orleanians spend $1.9 billion on retail in neighboring parishes each year, study says
The Times-Picayune
As the retail scene in New Orleans transforms with national chains and developers moving in, the city has a long way to go to recapture the money being spent by residents shopping in neighboring parishes, according to a new study.
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Dubai mall with ski slope plans $273 million expansion
Reuters
Dubai's Majid Al Futtaim will spend about one billion dirhams ($272.3 million) expanding one of the emirate's largest malls, which houses an indoor ski slope, in a further sign of a revival in its retail and tourism market.
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Security trends: Elevating safeguards
Today's Facility Manager
Technology advances, escalating security threats, and the desire to put more applications on access control solutions, while also moving these capabilities to mobile devices enabled with near field communications functions, are prompting many organizations to upgrade their infrastructure. Migration to new solutions pays off in a much higher level of security for people and property, plus operational efficiencies and cost-effectiveness, and an improved user experience.
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York County, Va., shopping center owner plans more stores, housing
Daily Press
After five years of financial troubles at the Marquis shopping center in York County, Va., the owner of the retail center has proposed plans that call for 237,630 square feet of additional commercial space and 650 houses, apartments and townhomes.
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Albertson's to buy United Family
Retailing Today
Albertson's Supermarkets plans to purchase grocery store and convenience store operator the United Family. The transaction's terms have not been released. Albertson's currently operates more than 600 stores in 16 states.
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Home News Research Resources Register Spotlight Summit Videos About Advertise Contact Food Lion, Hy-Vee, Price Chopper among EPA Green Chill winners
Green Retail Decisions
The U.S. Environmental Protection Agency's (EPA) GreenChill Partnership announced its annual Achievement Awards and several supermarket partners were recognized for their achievements in refrigerant management in the past year.
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Regular inspections, testing delivers long-term reliability for door locks, hardware
FacilitiesNet
The process of specifying and installing door hardware — from hinges and closers to locks and handles — is only part of the task of upgrading a facility's safety and security systems. Maintenance and engineering managers also must ensure door openings and hardware comply with regulatory, functional, security, budgetary, and maintenance requirements without sacrificing appearance.
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Walgreen buying Kerr Drug's retail drugstores, specialty pharmacy business; price undisclosed
The Associated Press via The Washington Post
Walgreen Co. plans to buy Kerr Drug's 76 retail drugstores and its specialty pharmacy business, a move that will help the nation's largest drugstore chain expand its North Carolina presence. The deal also includes a distribution center, but does not include the long-term care pharmacy business of Kerr, a privately held regional chain.
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Cash dividend on the way from Kohl's
Forbes
Looking at the universe of stocks we cover at Dividend Channel, Kohl's Corp. will trade ex-dividend, for its quarterly dividend of $0.35, payable on Sept. 25. As a percentage of Kohl's recent stock price of $52.12, this dividend works out to approximately 0.67 percent, so look for shares of Kohl's Corp. to trade 0.67 percent lower — all else being equal — when KSS shares open for trading on Sept. 9.
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To find out how to feature your company in
PRSM Weekly and other advertising opportunities, Contact James DeBois at 469-420-2618

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PRSM Weekly
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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