As 2008 comes to a close, PRSM would like to wish its members, partners, and other industry professionals a safe and happy holiday season. As we reflect on the past year for the industry, we would like to provide the readers of the PRSM Weekly, a look at the most accessed articles from the year.
Solar Cells Integrated with Building Materials
from Technology Review
In an effort to promote the adoption of solar technology, United Solar Ovonic of Auburn Hills, Mich, has teamed with a major roofing company to create a metal roof system that generates electricity from sunlight. The partnership offers seven different prefabricated systems, ranging in capacity from 3 to 120 kilowatts. Tests show that the solar roof panels are rugged and can withstand winds in excess of 160 miles per hour. More
Abercrombie Refuses to Discount, Stock Plunges
from The New York Times Magazine
Eight years ago, Abercrombie & Fitch was the bee's knees of discreetly sexy casualwear. Overpriced sandblasted jeans and button-up plaid shirts were boxed up and put under the tree (or menorah) of any 16-year-old with a Suburban in the driveway. Those were the good, pre-recession, naked-models-riding-horses-in-catalogues days. But now Abercrombie is suffering much worse than its competitors, like American Eagle, in the economic downturn. Though the competition is discounting prices to get consumers to shop, Abercrombie has kept its prices the same because they don't want to look cheap. More
Dominick's Owner Going Bargain Shopping for Real Estate
from The Chicago Sun-Times
Safeway, owner of Dominick's grocery stores, has created a real estate development business that has reviewed 36 projects for possible development and is working actively on a handful of the projects, a spokesman confirmed. One example of a project would be Safeway developing a shopping center where it operates a grocery store, and leasing or selling the retail space surrounding its store. Safeway would retain ownership of its grocery store in that center. More
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Kohlís Celebrates 1,000th Store Milestone
from Business Wire
Kohlís Department Stores celebrated the opening of its 1,000th store in October, marking an important milestone in company history. The accomplishment is part of a 47-store expansion this fall which includes 45 stores that are built according to a design that is LEED pre-certified at the Silver level from the U.S. Green Building Council. More
Job cuts slated for Office Depot, Yahoo, EA
from CNN Money
Office Depot, Yahoo and Electronic Arts have added to the mounting job losses in the global economy, with more than 4,000 positions slated for elimination. Office Depot recently unveiled its plan to cut 2,200 jobs. The retailer, based in Boca Raton, Fla., also said it would close 112 retail stories and six distribution facilities. More
Black Friday Gets Holiday Season Off to Energetic Start
from The Washington Post
Consumers swarmed the nation's stores over the Black Friday weekend in search of deeply discounted electronics and apparel, sending sales rising and giving retailers a little Christmas cheer, according to reports. Market research firm ShopperTrak reported that sales on Black Friday grew 3 percent to about $10.6 billion. Last year, sales on that day grew 8.3 percent. More
Water Savings 101: Top 10 Tips for Commercial Buildings
from Greener Buildings
As the hurricane season begins to bring torrential downpours from Texas through the Southeast and up to the mid-Atlantic states, it makes folks forget that wide swaths of the country are still suffering through persistent drought and low levels of water supply. While agriculture, power generation and other industrial uses account for a large portion of water consumption in the U.S., the built environment is responsible for a significant portion. More
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Staples Will Open LEED-Registered Store in Boston
from The Boston Globe
Office supply retailer Staples Inc. announced in September the opening of its first LEED-registered store in the Northeast. According to Framingham-based Staples is one of the first stores in Boston to be registered with the US Green Building Councilís Leadership in Energy and Environmental Design, or LEED, program. More
AT&T, Constellation Wines, Gap to Each Host 1- to 1.2-MW Solar Power Systems
from Green Biz
Gap Inc. has unveiled a 1-megawatt solar power system, and Constellation Wines U.S. and AT&T are each working with strategic partnerships of their own to host comparably large systems that will harness the power of the sun. In Fresno, Gap Inc., MMA Renewable Ventures, which is a subsidiary of Municipal Mortgage & Equity LLC, and SunPower Corporation teamed up to create a 1-megawatt solar power system at the campus for Gap's West Coast distribution center. More
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Can Retailers Get Consumers into the Christmas Spirit?
from Time magazine
The jack-o-lanterns are still on the stoop, but already we're seeing prices for holiday ornaments slashed in half at J.C. Penney and pricey toys at Wal-Mart marked down to $10 a pop. Home Depot skipped Halloween altogether, piling up Christmas trees by early October. Retailers always engage in some Christmas calculus to get you to loosen your wallet during the holiday season, but this year it feels a little more desperate. More
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