STORE SPACES

Chick-fil-A goes for green with LEED Gold, energy and water retrofits

BY Marianne Wilson

Fort Worth, Texas — Chick-fil-A received LEED (Leadership in Energy and Environmental Design) Gold certification for its restaurant at Montgomery Plaza, Fort Worth, Texas. It is the first LEED Gold-certified restaurant in Fort Worth. The chain has committed to build four more LEED designed restaurants in 2012, and will incorporate energy conservation measures and recycled materials into all new restaurant construction activities.

In addition, by the end of 2012, over half of Chick-fil-A’s 1,600-plus restaurants will receive energy and water retrofits. These enhancements are part of the company’s commitment to energy conservation and are expected to result in significant cost savings for each restaurant.

Chick-fil-A at Montgomery Plaza was built in conjunction with the company’s environmental stewardship initiative, which is aimed at minimizing the company’s environmental footprint. The initiative places emphasis on four main areas of operation: cup recycling, energy and water efficiency in existing restaurants, sustainable new restaurant development, and sustainable supply chain.

The Montgomery Plaza location includes a host of sustainable features:

Water Usage: The restaurant utilizes low-flow fixtures in both the restrooms and the kitchen. An underground cistern (the size of a swimming pool) collects rainwater for landscape irrigation. As a result, Montgomery Plaza uses 40% less water when compared to a typical Chick-fil-A Restaurant.

Energy Efficiency: The restaurant features skylights in the dining area and windows in the kitchen, as well as the installation of energy efficient appliances, resulting in a 14% energy reduction over industry standards.

Air Quality: Materials used in construction at Montgomery Plaza were specially selected because they do not emit harmful gasses. As a result, it has 30% more fresh air than a typical building.

Diverting Waste: Twenty percent of the building material budget for Chick-fil-A at Montgomery Plaza was spent on products with recycled content. In addition, more than 50% of construction waste was diverted from the landfill. All cardboard and foam cups used in the everyday operations of the restaurant are being recycled.

Out of the company’s new LEED designed restaurants in 2012, the first will be in California, and is projected to open in summer 2012

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News

Sears cuts HQ staff by 100

BY CSA STAFF

HOFFMAN ESTATES, Ill. — A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday.

The retailer has not said whether additional cuts are planned.

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FINANCE

Build-A-Bear Workshop posts Q4 loss; to unveil new store design

BY Marianne Wilson

St. Louis — Build-A-Bear Workshop reported a loss of $9 million for the fourth quarter, down from a profit of $8.3 million in the year-ago period. Total revenue dropped 5% to $119 million. The company said its profit and revenue took a hit when two movies it important product tie-ins with underperformed.

In a conference call with analysts, Build-A-Bear CEO Maxine Clark said she was very disappointed by the fourth quarter results after sales increases in the second and third quarters. She noted that Build-A-Bear’s key holiday products were related to the movies "Happy Feet Two" and "Alvin and the Chipmunks: Chipwrecked," which did not fare as well as expected at the box office. The chain subsequently stepped up promotions in the fourth quarter to try to make up for the lower-than-expected sales.

On the call, Clark said the company is set to debut a new store design, with five stores to be retrofitted to the new look.

Build-A-Bear will also close 15 to 20 stores in North America to right size its portfolio, she said, with most of the locations in markets where the company already has other stores.

The company also plans to relocate 15 stores to reduce square footage and to open four to six new stores in North America.

On the international front, the company plans to add 10 to 12 more franchised stores this year, net of store closings.

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