Content about Earth

April 1, 2014

Delhaize Group has signed an agreement with Tropic Group B.V. to divest all of its 39 Bosnian & Herzegovinian stores.

Brussels, Belgium -- Delhaize Group has signed an agreement with Tropic Group B.V. to divest all of its 39 Bosnian & Herzegovinian stores. Tropic Group B.V. is an entrepreneurial organization founded by retail executive Bojan Risović.

The transaction is expected to complete in third quarter 2014, subject to regulatory approval and working capital adjustments. Terms were not disclosed. Delhaize originally purchased the stores from Serbian retailer Delta Maxi in 2011.

March 27, 2014

Consumer spending growth of 3.3% in the fourth quarter of 2013 helped drive a 2.6% increase in the U.S. gross domestic product (GDP).

Washington, D.C. – Consumer spending growth of 3.3% in the fourth quarter of 2013 helped drive a 2.6% increase in the U.S. gross domestic product (GDP). According to the third and final estimate from the Commerce Department, the price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 1.5% in the fourth quarter.

March 4, 2014

South African retailer Woolworths has implemented MetricStream's Sustainability Performance Management Solution to capture and measure sustainability metrics and indicators around energy, water, soil, and waste management.

Cape Town, South Africa -- South African retailer Woolworths has implemented MetricStream's Sustainability Performance Management Solution to capture and measure sustainability metrics and indicators around energy, water, soil, and waste management. The solution will also help Woolworths monitor supplier compliance with sustainability guidelines, and optimize the performance of the company's sustainability projects and initiatives.

February 10, 2014

Ikea Group reported progress in its “People and Planet Positive” sustainability strategy during fiscal year 2013.

Leiden, Netherlands – Ikea Group reported progress in its “People and Planet Positive” sustainability strategy during fiscal year 2013. Highlights include:

• Sold 22.4 million LED products, including 12.3 million LED bulbs.

• Ikea Group has committed to own 137 wind turbines and installed 550,000 solar panels, taking the company closer to producing more renewable energy than the total energy it uses by 2020.

February 3, 2014

On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores.

San Diego – On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores. These two warehouse clubs are currently planned to open before the end of calendar year 2014.

December 23, 2013

U.S. household purchases rose 0.5% in November 2013. According to new figures from the U.S. Department of Commerce, this followed a 0.4% increase in October that was larger than previously reported and is the largest increase since July 2013.

Washington, D.C. – U.S. household purchases rose 0.5% in November 2013. According to new figures from the U.S. Department of Commerce, this followed a 0.4% increase in October that was larger than previously reported and is the largest increase since July 2013.

December 17, 2013

Staples Canada has announced its sustainability achievements for the third quarter of 2013, meeting its recycling and energy efficiency program goals.

Toronto, Canada -- Staples Canada has announced its sustainability achievements for the third quarter of 2013, meeting its recycling and energy efficiency program goals.

December 6, 2013

American Eagle reported disappointing results for the third quarter of fiscal 2013. Net income plummeted 68% to $24.9 million from $78.6 million, missing Wall Street projections.

Pittsburgh – American Eagle reported disappointing results for the third quarter of fiscal 2013. Net income plummeted 68% to $24.9 million from $78.6 million, missing Wall Street projections.

Total net revenue of $857 million decreased 6% compared to $910 million last year. Same-store sales fell 5%.

November 18, 2013

The Environmental Protection Agency has recognized Ahold USA for its efforts to reduce food waste, the agency said.

HARRISBURG, Pa. — The Environmental Protection Agency has recognized Ahold USA for its efforts to reduce food waste, the agency said.

The EPA said it recognized Ahold for its contributions to the Food Recovery Challenge, which encourages organizations to donate and divert as much of their excess food as possible, which the agency said helps protect the environment and feed needy people. Ahold USA owns the Giant Food Stores of Carlisle, Pa., Giant Food of Landover, Md., and Stop & Shop supermarket banners, as well as the online grocer Peapod.

October 22, 2013

The U.S. Environmental Protection Agency (EPA) has awarded Lowe's Companies, Inc. the highest honors for industry leadership in its SmartWay and WaterSense programs.

Mooresville, N.C. - The U.S. Environmental Protection Agency (EPA) has awarded Lowe's Companies, Inc. the highest honors for industry leadership in its SmartWay and WaterSense programs. On Oct. 22, Lowe's received the 2013 SmartWay Excellence Award for its environmental performance in the freight transportation industry. This month, the EPA also recognized Lowe's with a 2013 WaterSense Sustained Excellence award for its long-standing efforts to educate consumers about water-efficient products and practices.

October 10, 2013

The U.S. Environmental Protection Agency has recognized The Home Depot with a 2013 WaterSense Retail Partner of the Year award.

Atlanta - The U.S. Environmental Protection Agency has recognized The Home Depot with a 2013 WaterSense Retail Partner of the Year award. The Home Depot was honored during the WaterSmart Innovations Conference for its commitment to water efficiency and outstanding efforts to support the WaterSense program during 2012.

September 26, 2013

Staples Canada announced its sustainability achievements for the second quarter of 2013, including a 9% drop in energy consumption (over the year-ago period).

Ontario, Canada -- Staples Canada announced its sustainability achievements for the second quarter of 2013, including a 9% drop in energy consumption (over the year-ago period). The retailer continues to focus on its long-term commitment to growing the business in a sustainable manner, and reducing its impact on the environment.

September 6, 2013

Claire's Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.

Chicago -- Claire's Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.

Jim Fielding, CEO, stated: "We continue to identify expansion opportunities worldwide. Our franchise partners have opened stores in three new countries in 2013 and we expect to enter an additional three countries during the rest of the year. We are pleased with our progress to date and encouraged by the opportunities."

May 29, 2013

Chico's reported a lower-than-expected profit of $51.1 million for the first quarter, excluding non-recurring acquisition and integration costs related to its Boston Proper acquisition, versus a profit of $54 million in year-ago period.

Fort Myers, Fla. – Chico's reported a lower-than-expected profit of $51.1 million for the first quarter, excluding non-recurring acquisition and integration costs related to its Boston Proper acquisition, versus a profit of $54 million in year-ago period.

Sales rose 3% to $670.7 million, up 3% from $650.8 million last year. Chico’s, which operates its namesake stores, as well as the Soma Intimates and White House | Black Market chains, attributed much of this boost to the opening of 114 net new stores in the past year.

April 22, 2013

Ann Inc. said it has already surpassed its 2015 emission goal by reducing its carbon footprint by 8% per square foot.

New York -- Ann Inc. said Monday it has already surpassed its 2015 emission goal by reducing its carbon footprint by 8% per square foot.

The parent of Ann Taylor and Loft has now upped its objective, setting a new goal of reducing emissions per square foot by 30% by 2015.

The to-date reductions in carbon emissions were achieved through the implementation of key programs ranging from the installation of in-store energy-efficient lighting to behavioral change campaigns for associates.

March 27, 2013

Global Franchise Group said it is expanding its Puerto Rican presence via a multi-unit operator.

Atlanta -- Global Franchise Group said Wednesday it is expanding its Puerto Rican presence via a multi-unit operator.

A.M.A. Pretzels International opened two Great American Cookies stores in Puerto Rico -- in Plaza Carolina in Carolina, and Plaza Rio Hondo in Bayamon.

"Global Franchise Group is thrilled to have such outstanding multi-unit franchisees expand the Great American Cookies brand in Puerto Rico," said Global Franchise Group chief development officer John Barber.

 

January 16, 2013

DDR Corp. announced that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."

December 11, 2012

Dollar volume growth remained solid at 5.8% in November, down from 6.7% in October, according to the First Data SpendTrend analysis for the full month of November 2012 compared with November 2011.

Atlanta -- Dollar volume growth remained solid at 5.8% in November, down from 6.7% in October, according to the First Data SpendTrend analysis for the full month of November 2012 compared with November 2011. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.

December 5, 2012

Esri announced Wednesday that the Great Atlantic and Pacific Tea Co. has licensed Esri GIS technology and data to provide localized shopping trends data toward supporting the grocer’s commitment to growing its market presence across the Northeast.

Redlands, Calif. -- Esri announced Wednesday that the Great Atlantic and Pacific Tea Co. has licensed Esri GIS technology and data to provide localized shopping trends data toward supporting the grocer’s commitment to growing its market presence across the Northeast.

October 9, 2012

The U.S. Environmental Protection Agency has awarded Lowe’s Cos. the highest honors for industry leadership in its WaterSense and SmartWay programs.

Mooresville, N.C. -- The U.S. Environmental Protection Agency has awarded Lowe’s Cos. the highest honors for industry leadership in its WaterSense and SmartWay programs.

Lowe’s received the 2012 SmartWay Excellence Award for its environmental performance in the freight transportation industry. Last week, the EPA named Lowe’s the 2012 WaterSense Retailer Partner of the Year for its efforts to educate consumers about water-efficient products and practices.

April 13, 2011

Parking lots have typically not been associated with green and energy-efficient design and building practices. But according to some experts, that’s beginning to change. 


“Extensive changes are being made to reduce the carbon footprint of surface parking lots,” said Matt Jobin, AIA, project manager, Rich and Associates, Southfield, Mich., the oldest firm in North America dedicated solely to parking design and planning. 


March 18, 2011

Fast-fashion retailer Forever 21 has pledged to donate 100% of its global online sales on March 18 to help the victims of Japan’s earthquake and tsunami.

New York City -- Fast-fashion retailer Forever 21 has pledged to donate 100% of its global online sales on March 18 to help the victims of Japan’s earthquake and tsunami. 

All of Forever 21's e-commerce sites -- forever21.com, canada.forever21.com, forever21.com/eu, forever21.com/uk, forever21.co.kr, and forever21.co.jp -- are participating in the initiative.

September 20, 2010

The Goldenberg Group said Monday it is working with the Montgomery County (Pa.) Conservation District...

August 31, 2010

In Keyser, W.Va., population 5,500, there isn’t much to do. And with the exception...

In Keyser, W.Va., population 5,500, there isn’t much to do. And with the exception of the requisite Walmart and CVS drug store, the retail offerings are scarce.

So when locally based Greyhound Properties LLC decided to invest $7 million to erect a strip center on the outskirts of town, residents were understandably excited.

June 23, 2010

The Kroger Co. has reduced its overall energy consumption more than 27% since 2000, according...