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PRSM celebrates 15 years as your
Retail
Facilities Community
Professional Retail Store Maintenance Share    
 The Professional Retail Store Maintenance (PRSM) Association was born on Aug. 30, 1995 as the first retail store maintenance association dedicated to raising the credibility and professionalism of retail facilities management. Today, PRSM Association is the leading industry association delivering education, information, certification,
events, and forums to enable better decision making for retail facilities professionals. PRSM is putting together a video and we need your help. If you have a video camera or cell phone with video capability, how about shooting a creative video or take a photo that includes your message to PRSM on its 15th Anniversary. More
Discounts spur surprising retail sales gains
The Associated
Press via USA Today
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Many U.S. retailers are reporting surprisingly solid gains for August, helped by aggressive discounting, even as unusually hot weather and job worries kept a lid on back-to-school buying. The results
are providing a sliver of hope for the economic recovery, but worries still remain about the critical holiday season. Costco Wholesale posted a robust gain, boosted by higher gas prices and improved international revenue. Limited Brands and Macy's also had solid revenue increases. But shoppers are still keeping to their lists, hurting a number of clothing stores such as Aeropostale. Target's results came in below expectations.
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Want to get the most out of PRSM? Attend 'Maximize Your Retail Membership' complimentary webinar
Professional Retail Store Maintenance
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 The Facilities Maintenance landscape is changing daily and keeping current on trends, new technology and innovations, and best practices is now more viable than ever. Your PRSM Association is your direct access to all the information, resources and education you'll need to keep on top the industry and work smarter and
more cost effectively. Join us for this webinar to learn how best to get the information you need and create a robust network within the PRSM community to help you achieve all your professional goals and maximize your return on your membership investment.
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Walgreen to buy assets of ApothecaryRx in 5 states
MarketWatch
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Walgreen Co. said that it will buy the assets of 18 ApothecaryRx pharmacies in Colorado, Oklahoma, Minnesota, Missouri and Illinois from Graymark Healthcare Inc. The financial terms of the agreement were not disclosed but the deal is expected to close in the fourth quarter.
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Williamsburg Prime Outlets sold to Indianapolis company
The Daily Press
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An Indianapolis-based company will take ownership of the Prime Outlets Center in Williamsburg. Simon Property Group Inc., the largest mall owner in the United States, announced that it has completed
its transaction with the Prime Outlets Acquisition Company. The completed sale is valued at $2.3 billion. The value of the transition includes the Barceloneta outlet center. The Baltimore-based Prime Outlets owned 22 centers including the outlet in Williamsburg.
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Blockbuster appears poised for mid-September bankruptcy filing
The Dallas Morning News
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September could be the month Blockbuster Inc. finds its way to bankruptcy court. The Dallas-based company has been warning for almost two years that it might need bankruptcy court protection to reorganize its nearly $1 billion in debt, as it struggles with dwindling cash and a shrinking business hurt by competition and its own store closings.
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Albertsons Store to use fuel cell for energy
Supermarket News
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An Albertsons supermarket set to open in the Clairemont community will be one of the first in California to generate nearly 90 percent of its electricity with a 400-kilowatt fuel cell from UTC Power, South Windsor, Conn. The project is estimated to cut carbon dioxide emissions by 478 metric tons each year compared with California "non-baseload" power plants, said UTC Power, adding that the annual nitrogen oxide emissions reduction
is equal to removing 82 cars from the roadways per year.
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Costco's key August
revenue figure rises 7 percent
The Associated Press via Google News
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Costco Wholesale Corp. said that revenue at stores open at least a year increased 7 percent in August buoyed by higher gas prices and improved international revenue. This topped the 4.2 percent rise that analysts surveyed by Thomson Reuters expected. But fourth-quarter and full-year revenue missed Wall Street expectations. The wholesale club operator reported a 6 percent rise in revenue at U.S. stores open at least a year and an 11
percent increase in its overseas locations.
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The Pantry hires Borders CFO, will buy 47 convenience stores
Triangle Business Journal
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Convenience store giant The Pantry made two major announcements: Former Borders Group COO and CFO Mark Bierley have joined The Pantry as CFO, and the Cary-based company has signed a deal to buy 47 convenience stores in Kansas and Missouri. Bierley steps into a role being vacated by Frank Paci, who has informed the board that he will resign as of Sept. 26 to "pursue other interests." Bierley's first day will be Sept. 27.
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Shoe seller DSW second-quarter profit triples
The Associated Press via Bloomberg Businessweek
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The shoe retailer DSW Inc. reported its second-quarter profit more than tripled as revenue rose 12 percent. The results beat analysts' expectations and DSW
reiterated that it expects net income of $1.80 to $1.95 per share for the year. Analysts expected earnings of $1.94 per share for the year. For the three months ended July 31, DSW said net income rose to $23.5 million, or 52 cents per share, from $7.6 million, or 17 cents per share, a year ago.
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Keep all your locations in top condition- inside and out.
FM provides maintenance management in all trades that delivers top-quality service and significant savings, guaranteed.
Call FM to fin out how much we can save your company.
800 stores 100 leaks.
Learn more.
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Report: A&P mulling sale of Food Emporium chain
Reuters via ABC News
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Great Atlantic & Pacific Tea Co, which operates the struggling A&P supermarket chain, is mulling the sale of its Food Emporium stores to boost liquidity, the
Wall Street Journal reported, citing people familiar with the matter. The supermarket chain, which announced plans last month to close 25 under-performing stores, runs more than 400 stores under the A&P, Waldbaum's, Pathmark, Food Emporium and Food Basics names. The Food Emporium chain includes 16 stores in Manhattan.
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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
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A true innovation, inspired by nature!
Introducing The Guardian floor drain basket. The Guardian contains a biodegradable, environmentally friendly bacteria puck that will keep particulates as small as a grain of rice out of your drain line system while
continually infusing your drain lines with beneficial bacteria. Fewer blockages, improved odor control, and no chemicals! Minimize your facilities plumbing issues with this cost effective and natural solution. More info
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USEG is a 24 hour storefront repair and replacement company. We specialize in glass, doors, locks, gates, film, and more. Our coverage
is nationwide with a growing regional "self performing" presence. Founded in 1972, compare our experience to their startups!
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Partner with a leader
in facility services
as we set the
standard for clean.
www.diveinc.com
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