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The facilities department that innovates and integrates
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Changes in the current economic and global environments have challenged facility professionals to inspect what is core to their department and organization's mission. During the PRSM Canadian Conference, a panel of industry professionals will share how
they achieved major changes in their business models through proactive planning, using disciplined decision making and implementation processes to accomplish goals.
Education, Networking and a Canadian Vendor Exhibition all at the PRSM Canadian Conference coming up on July 21! Register today! We look forward to seeing you. More
Borders wins bankruptcy court approval for new loan terms, more sale time
Bloomberg
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Borders Group Inc. won court permission to loosen the terms of its bankruptcy loan, giving the U.S. bookstore chain more time to find a buyer and avoiding
immediate liquidation of about 40 stores.
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Canadian malls growing in only one direction
The Globe and Mail
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When American and European retailers come to Canadian malls these days, they look around at the bustling crowds and see one thing: giant profits. Our malls are hugely successful by international standards, with average sales of $680 a square foot per year.
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Pavement deterioration, potholes and settling?
Rabine Paving
America offers pavement maintenance for commercial and industrial markets in the United States, including sealcoating, stripping, marking and installing signage.
For a FREE SITE ESTIMATE call (888) RABINE3 or visit rabinepavingamerica.com. Mention promo code PRSMJUN11A4.
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Whole Foods co-CEO sets
goal of 1,000 US stores
Reuters
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Whole Foods Market Inc. expects to one day have 1,000 stores in the United States, up from around 300
currently, co-Chief Executive Walter Robb said. The upscale grocer is bullish on Canada and expects to increase its store count there from six currently to 35, Robb said.
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Sears to spin off Orchard Supply Hardware chain in IPO
Los Angeles Times
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Sears Holdings Corp. plans to spin off its home improvement unit, Orchard Supply Hardware, as a separate publicly traded company, the department store giant said. The move comes amid a flurry of initial public offerings in recent months.
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Rite Aid's renovated stores
The Associated Press
via Bloomberg Businessweek
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Rite Aid Corp., the third-largest U.S. drugstore chain, is trying out several new store formats as it works to reinvigorate its sales. The company plans to remodel a total of 500 stores by the end of
its fiscal year. It will also close 50 more locations, which would give it a total of about 4,650 stores.
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Best Buy to downsize brick-and-mortar footprint
Los Angeles Times
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Best Buy Co. is the latest merchant shedding space, in an initiative that stands out in both size and scope. The giant retailer, with 1,300 stores nationwide, is launching plans to wall off parts of its cavernous stores and sublease the space to smaller retailers, such as grocers, beauty supply stores, home furnishing outlets and others.
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Proud to be celebrating our 25th anniversary!
We set out in 1986 to transform the commercial landscape industry with four ideals in mind:
TRUST • QUALITY • SERVICE • VALUE
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Retailers continue to add to expansion pipeline
Retail Traffic
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In the latest update from RBC Capital Markets on retailer planned store openings, tenants continue to increase their projections for growth as measured by their 12-month and 24-month expansion targets.
RBC, with data from Retail Lease Trac, compiles a monthly look at retailer demand for new space. The June edition of the report finds that retailers in its database plan to open 72,167 stores over the next 24 months.
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Bed Bath & Beyond has strong 1Q
The Associated Press
via MSNBC.COM
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Shares of Bed Bath and Beyond Inc. were up slightly in pre-market trading after the housewares retailer posted robust first-quarter earnings on improving demand for its goods. Shares rose 88 cents, or
1.6 percent, to $54.94 in pre-market trading.
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Staples talks bigger break rooms,
smaller stores
CNBC
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Shares of Staples Inc. rose slightly, a down day for the markets, after its U.S. retail president told analysts about plans that include smaller stores, more
tablet computers and bigger break rooms. At a Jefferies & Co. conference, Demos Parneros said Staples' new stores will be about 15,500 to 16,000 square feet, down from the current prototype of 18,000 square feet and the 2000 prototype of 24,000 square feet.
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NJS employs the most comprehensive and professional facility cleaning services nationwide.
Our philosophy is to be a technology leader in the
science of dirt and in the best janitorial practices.
We focus on processes and training combined with new technology to deliver superior service to match our customers' brand image. Read More
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Ring the bell. Visit www.provisioned.net or call 1.866.529.1196 for your single-source, one-invoice
solution! Complete interior and exterior facilities maintenance and service • Flooring, including Dur-A-Flex® Performance seamless flooring systems • Turnkey installations, including remodels, store refreshes/reimaging and national rollouts and retrofits
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Join forces with industry specialists. "We are not just painters, we are problem solvers too!"
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Specializing in Nationwide Carpet, Floor Care & Janitorial Services for over 20
years
800-236-5098
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