FINANCE

Convenience stores’ annual in-store sales up 4.4% in 2010

BY CSA STAFF

Chicago — Convenience store in-store sales grew 4.4% in 2010, reaching a record $190.4 billion, according to NACS. Total convenience store sales in 2010 were $575.6 billion.

The industry’s 2010 numbers were announced in Chicago at the annual NACS State of the Industry Summit. The number of U.S. c-stores grew 1.2% over the past year and stands at a record 146,341 stores, according to the NACS/Nielsen TDLinx 2011 Convenience Industry Store Count, released in January 2011.

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OPERATIONS

Anthropologie and Cork Forest Conservation Alliance team up for Earth Day

BY CSA STAFF

Salem, Ore. — Anthropologie and the Cork Forest Conservation Alliance (CFCA) announced a joint initiative in all 153 Anthropologie stores in the United States and United Kingdom to increase awareness and promote the preservation of Mediterranean cork forests, one of the planet’s most important ecosystems.

The CFCA donated two million corks, which were distributed among the 153 stores to be fabricated into unique, design-rich window displays that support the preservation the of cork forests. The installation of the window displays were designed to coincide with the worldwide Earth Day event on April 22.

“We are honored that for the first time in Anthropologie’s history they have devoted window display space to a partner organization, philanthropic or otherwise,” CFCA executive director Patrick Spencer said. “Anthropologie’s customers tend to be creative, environmentally and socially responsible — it’s a great fit for us.”

Striped Shirt Cinema of Portland, Ore., will produce a short documentary showcasing the creative process and installation of the window displays. The three Anthropologie stores featured in the video are Rockefeller Center in New York City, Washington, D.C., and Portland, Ore.

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REAL ESTATE

Aaron’s partners with Buxton for expansion strategy

BY CSA STAFF

Fort Worth, Texas — Aaron’s has formed a partnership with Buxton, a customer analytics firm, to assist with the retailer’s market expansion and analytics strategy.

“Our partnership with Buxton gives Aaron’s the capability to define optimal custom territories and identify the trade areas and markets where expansion would be the most profitable for us,” said Josh Newman, senior director of real estate for Aaron’s, which operates 1,814company-owned and franchised stores in 48 states. “We are also focusing on our existing network of stores to understand how we can optimize those markets where we already have brand presence.”

As part of this alliance, Aaron’s joins a growing list of organizations utilizing Scout, a web-based site selection and management application developed by Buxton. Scout can be used as a pre-screening tool for real estate location decisions and a comprehensive site management system.

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