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Kohl's beats expectations
Retailing Today    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Kohl's Corp. said yesterday that its same-store sales rose 3.3 percent in November as more cost-conscious shoppers visited the discount department store. The increase surpassed analyst forecasts. Overall net sales for the month rose 7.1 percent to $1.87 billion, up from $1.75 billion last year. Items for the home were among the best sellers. More




NRF says proposed federal rules threaten instant credit
The National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NRF is asking the Federal Reserve to reconsider proposed new rules that threaten retailers' ability to offer customers instant credit. "The proposed rule would curtail or eliminate many routine credit granting practices that are safe, valued and desired by both retailers and our customers," NRF Senior Vice President and General Counsel Mallory Duncan said. "The effect of the proposed language would be much more disruptive than we believe was ever intended or envisioned by Congress." More


ComScore: Cyber Monday sales up 5 percent
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ka-ching! ComScore reported that online retailers racked up $887 million in sales on Cyber Monday, up 5 percent from last year. The amount is the highest single-day online spending on record after Dec. 9, 2008, when consumers splurged the exact same amount, comScore said. Cyber Monday's sales uptick came after a 10 percent jump on Thanksgiving day, followed by an 11 percent increase on Black Friday last week. The growth was "atypically strong" said comScore Chairman Gian Fulgoni. The report mirrors similarly upbeat accounts from Coremetrics and PayPal. More


How do the best retailers stay on top? Spend Visibility.
You are invited to participate in a three part webinar series hosted by USM and The Aberdeen Group that explores how a holistic approach to real estate and facilities management has driven bottom and top-line decisions for the nation's leading retailers. USM's COO, Rob Fiske, and Aberdeen Group's VP of Global Supply Management Research, Andrew Bartolini, discuss how an integrated, lifecycle approach is the key differentiator for top-performing enterprises - resulting in greater visibility, more efficient management of space and lower costs. MORE




Macy's and Luxottica: Exclusive agreement to open additional Sunglass Hut points of sale in about 430 Macy's department stores in the U.S.
PR Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Macy's, Inc., one of the premier retailers in the United States, and Luxottica Group S.p.A., a leader in the design, manufacturing, distribution and retailing of premium, luxury and sports eyewear, announced the signing of an agreement to open additional Sunglass Hut points of sale in about 430 Macy's department stores in the U.S. Sunglass Hut, the world's biggest chain specializing in "sun" eyewear, will be the exclusive operator of Macy's in-store sunglass departments when the rollout is complete. Macy's will be the exclusive U.S. department store with Sunglass Hut locations. More


7-Eleven to expand New York presence
DDI Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With plans to open 100 stores in the next five years in Manhattan, either by executing new leases or through its business conversion program, 7-Eleven Inc. retained Robert K. Futterman & Associates LLC as its exclusive retail leasing representative in New York City. The retailer is looking for sites measuring 1,700 sq. ft. to 3,500 sq. ft., in high foot-traffic locations that allow for 24-hour operation. More




Is Wal-Mart recovery-proof?
CNN Money    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Throughout the recession, wealthier households "traded down" and started to shop at Wal-Mart for the first time. As a result, the world's largest retailer saw its market share in general merchandise rise as the economy went south. Wal-Mart's stock jumped 20 percent in 2008, but this year its shares are down about 8 percent, as investors anticipate a recovery that could get shoppers—especially the company's new upscale clientele—thinking about more than everyday low prices. More


Black Friday draws bigger crowds, but fewer incidents
Security Director News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retailers experienced a relatively incident-free kickoff to the holiday shopping season on Black Friday, despite nearly 23 million more shoppers venturing out on the biggest shopping day of the year. The National Retail Federation reported that nearly 195 million shoppers took advantage of Black Friday specials, but very few security incidents were reported, said Rhett Asher, vice president of loss prevention for NRF. "I think retailers worked hard to make sure this was a successful and nice event for people," he said. "There was a lot of pre-planning and preparation that went into it and it was executed relatively well." More




Gift cards go digital
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When it comes to gift cards this holiday season, many retailers are giving up plastic gift cards.  Home Depot, CVS and the Container Store are among many national retailers adding electronic gift cards to their Web sites. Consumers buy online and send the credit online. No more plastic card and no more postage for the consumers or the companies. More


Strong Thanksgiving weekend lifts Pier 1 sales
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Pier 1 Imports Inc. said that its same-store sales increased 13.7 percent in its fiscal third quarter, topped off by a strong Thanksgiving weekend. The Fort Worth, Texas-based home furnishings retailer has been struggling to right its business for several years, even before the severe housing downturn and the recession put a lid on consumer spending. More




More shoppers search for coupons online
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The wobbly economy is contributing to a rush by millions of online shoppers to a decidedly low-tech business: coupons. The number of people scouring the Internet in search of coupons that they can print and present to retailers, or codes that provide them with discounts on retail sites such as Amazon.com, is up sharply. Leading coupon Web sites reported record traffic on Cyber Monday. More


Jones Sign Company
Jones Sign Company presents Jones Advanced Maintenance Repair and Lighting, Nationwide Service 24/7 On Call or Tailored Programs, LED Retrofits, and Preventive,Call: 205-601-0689  bhoward@jonessign.com.


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Lipinski Outdoor Services Maintains an excellent appearance at all times and enhances the value of your facilities.
With over three decades in the industry, servicing some of the Nation’s most recognized names in the retail, corporate and industrial markets. We have the experience, processes and technology to deliver consistently high-quality services that keep your facilities looking their best and your costs under control.

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    All American Maintenance
    All American Maintenance is a licensed and bonded floor contractor that is Epoxy Floor System Certified. An Epoxy Floor requires very low maintenance. The finish can be applied as clear coat, color pigmented coating, or diamond polish. It can be used in restaurants, grocery stores, warehouses and retail stores. For more info on this process please contact:
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    PRSM Weekly
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