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PRSM Association reveals new brand identity
PRSM    Share   Share on FacebookTwitterShare on LinkedinE-mail article

The Professional Retail Store Maintenance® (PRSM) Association launched a rebranding program this week with a new logo and messaging campaign reflecting its diverse membership and continued evolution. PRSM is committed to serving the Facilities Maintenance Processional and leading the industry with resources, solutions networking and knowledge sharing. View the September PRSM Vlog and press release for brand launch information.

US holiday sales expected to rise on more store visits
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Holiday retail sales in the U.S. may rise 3.3 percent as more confident consumers increase their trips to the mall, according to researcher ShopperTrak. Store visits during the busiest shopping period of the year are expected to rise 2.8 percent after declining last November and December, according to an e-mailed statement from the Chicago-based firm that tracks so-called foot traffic in thousands of U.S. stores. Sales gained 3.7 percent during the same period in 2011, the company said. More

Retail sector dominates on-site solar generation
Environmental Leader    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retailers Walmart, Costco, Kohl's, Ikea and Macy's make up the top five corporate solar users in terms of on-site capacity, with other retail businesses taking four of the remaining spots in the top 20, according to a report by the Solar Energy Industries Association and the Vote Solar Initiative. Walmart has 65,000 kW in installed capacity, according to Solar Means Business: Top Commercial Solar Customers in the U.S. Costco boasts 38,900 kW of capacity. Walmart and Costco combined have more solar photovoltaics installed on their store rooftops than all of the capacity deployed in the state of Florida, the Sunshine State, the report says. More

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Big retailers think small for new stores
The Detroit News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Large-scale retailers in Michigan and across the country are discovering bigger isn't always better. Target, Best Buy and Grand Rapids-based Meijer Inc. are among retailers downsizing, from the traditional big-box stores, to cater to a growing urban customer base and a changing economy. The less-is-more mentality has helped Target and Meijer locate outside suburbia into cities such as Atlanta and Chicago. More

Nordstrom to announce locations in Canada
The Toronto Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Holt Renfrew and the Bay are about to meet a whole new level of competition with the arrival of U.S. department store retailer Nordstrom in a deal to be announced. The announcement will end months of speculation that began when mall operator Cadillac-Fairview Corporation Ltd. paid Sears Canada $170-million to vacate leases at premier shopping centres in Ottawa, Calgary and Vancouver. More

Hunzicker Brothers: Your Lighting Partner

As your commercial lighting specialist, we will provide you with the highest quality and energy efficient products for maintenance, relamp, special projects, and remodels. MORE
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Microsoft plans to open 32 new retail locations in time for the holiday season
PCWorld    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Microsoft has a big month ahead of it, with the release of both Windows 8 and its Surface tablet coming in October. To support these releases, the company will open 32 new retail locations in the U.S. and Canada. The announcement comes as no surprise, but the number of stores is a surprise. Last month, Microsoft job listings were discovered for 12 pop-up stores. However, Monday's list is much larger, and shows the company is serious about expanding its retail footprint. More

Clear skies ahead: Lands' End puts global e-commerce into the cloud
STORES    Share    Share on FacebookTwitterShare on LinkedinE-mail article
T he conversation about the cloud has shifted. Instead of convincing IT teams of its effectiveness, many retailers are seeing it as a necessary update. In early 2010, Lands' End was considering cloud computing and software as a service (SaaS) to transform outdated technologies and add new capabilities. The Wisconsin-based classic American lifestyle brand had been using e-commerce since 1995 — and the technology for order entry showed it. More

Walmart plans more India wholesale stores
Reuters via Yahoo News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A cash and carry joint venture between Wal-Mart Stores and Bharti Enterprises plans to add three-five stores by end of the year, a spokeswoman for the world's largest retailer said. U.S. group Walmart operates 17 cash and carry, or wholesale stores, in India in partnership with Bharti Enterprises, which owns India's top mobile telecoms operator Bharti Airtel Ltd. More


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Ritz Camera to liquidate after 94 years
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ritz Camera & Image LLC plans to go out of business after 94 years as it failed in a bankruptcy auction to find a buyer to keep the largest U.S. specialty camera retail chain open. U.S. Bankruptcy Judge Kevin Gross in Wilmington, Del., approved a plan to turn over most of Ritz's assets to liquidation specialists Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC, the high bidders at a Sept. 6 auction, court records show. More

Wave of U.S. retailers headed to Calgary, Canada
Calgary Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Before the end of 2013, six former Zellers stores will be converted into Target stores. And nearly every month, another U.S. fashion brand hangs its signpost in a Calgary mall. In fact, Calgarians may soon have no need at all to travel south of the border in search of their favourite U.S. chains. With the U.S. economy still uncertain, a growing number of American retailers are looking to Canada — and Calgary — to fulfil their expansion dreams. More

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Retail trade group plans to fight swipe fee settlement
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Retail Federation plans to fight a $7.2 billion settlement between some retailers and Visa Inc. and MasterCard Inc. over transaction fees paid to the credit card companies. The world's largest retail trade organization said that the proposed settlement did not stop what it calls anti-competitive behavior by the credit card companies. More

Pier 1 Imports enjoys 58 percent rise in 2Q net, hikes full-year view
Fox Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Specialty retailer Pier 1 Imports met Wall Street's expectations with a 58 percent leap in second-quarter sales thanks to a 6.7 percent jump in same-store sales. The seller of home furnishings and gifts also hiked its full-year profit targets once again, allowing its shares to extend their impressive 2012 run. More

Best Buy takes on RadioShack in mobile strip-mall push
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even before starting work as Best Buy Co.'s new chief executive officer, Hubert Joly zeroed in on the chain’s strategy to open smaller stores dedicated to selling mobile phones, e-readers and tablets. Six days before his Sept. 4 debut, Joly met with the mobility chief, Shawn Score, and ordered him to find "new runways for growth," Score said in a phone interview. More


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Gap to make official freestanding debut in Mexico
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gap Inc. will open its first standalone store in Mexico, part of the retailer's previously announced global expansion strategy. The new store, to be located at Interlomas Mall outside Mexico City, expands on Gap’s store-in-store concepts in Liverpool Department stores in the region. More

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Survey: Retailers focusing on mobile site optimization and in-store technologies
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retailers remain conservative when it comes to financial investments in mobile and tablet initiatives despite the industry buzz, according to a survey by and Forrester Research Inc. In the report, the 2012 State Of Retailing Online survey, 50 percent of the retailers surveyed said they spent less than $100K on smartphone investments in 2011, and 74 percent spent the same on tablet initiatives. More

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PRSM Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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