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Arden Group’s net income slips in Q2

BY CSA STAFF

Los Angeles Arden Group, parent of Southern California supermarket chain Gelson’s Markets, reported Wednesday that it earned $4 million in the second quarter ended July 3, compared with earnings of $4.7 million in the year-ago period.

Revenue declined to $102 million from $107.9 million. Same-store sales dropped 5.5%.

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JCPenney home office earns LEED award

BY CSA STAFF

PLANO, Texas JCPenney announced that it has been awarded a Leadership in Energy and Environmental Design (LEED) for Existing Buildings Gold certification by the U.S. Green Building Council (USGBC) for its home office campus located in Plano, Texas. The 1.9 million square-foot building serves as a workplace for more than 5,500 associates and is the third largest campus facility in the nation to receive this designation, the company reported.

Over the last five years, JCPenney said it has addressed areas related to energy and water savings, indoor environmental quality and recycling waste by implementing nearly 40 sustainable improvements at its home office.

“As an environmentally-conscious retailer, JCPenney made a concerted effort to take a hands-on approach to making the improvements needed to achieve these LEED certifications,” said Mike Theilmann, chief human resources and administration officer for JCPenney. “While purchasing renewable energy credits is an easier way to go ‘green,’ we chose to examine our operations and institute meaningful changes that will advance the Company’s goal to reduce energy usage 20% by 2015.”

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Hip Hop legends featured on Def Jam game soundtrack

BY CSA STAFF

NEW YORK and EL SEGUNDO, Calif. 4mm Games, Terminal Reality and Def Jam Interactive have announced additional tracks from such artist as Public Enemy, Nas and DJ Khaled available in Def Jam Rapstar, the first true interactive Hip Hop music game experience coming Oct. 5 to the Xbox 360 video game and entertainment system from Microsoft, PlayStation3 computer entertainment system and Wii.

Co-published by Konami Digital Entertainment Inc. and Autumn Games, Def Jam Rapstar will offer a software only version of the game that will retail for $59.99 for the Xbox 360 and PlayStation3 and $49.99 on Wii, as well as a bundled version that will include software and one wired microphone for $69.99 for the Xbox 360 and PlayStation3 and for $59.99 on Wii. 

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