Discounter details its wide-ranging energy initiatives
Target Corp. is deploying a number of solutions to reduce its energy use.
The retailer, recently named Energy Star Partner of the Year for the second year in a row, counts more than 1,400 of its buildings as having Energy Star status — the Environmental Protection Agency’s certification of energy efficiency — more than any other retailer. And the number is still growing as Target works towards its goal of having at least 80% of its buildings certified by 2020.
Target recently detailed its energy initiatives in a story on its web site. Here is a recap:
A typical certified Target store saves enough energy each year to power 100 homes! Check out a few standout features at some of our top Energy Star locations:
• The chain has installed more than 370,000 low-wattage LED light fixtures in stores across the country that reduce total electricity usage by an average of 10%.
• More than 350 Target locations have rooftop solar installations, which produce enough energy to offset 15% to 40% of the stores’ energy. The goal is to have 500 buildings with solar installations by 2020.
• As a member of the EPA’s GreenChill program, Target is introducing hydrofluorocarbon (HFC)-free refrigerants in its food distribution centers (FDC) and in-store refrigerated display cases. Currently, all of its FDC cold storage areas use HFC-free refrigerants and it has HFC-free refrigerated display cases in nearly 600 stores. The units are not only up to 50% more efficient than the ones they replaced), but they also eliminate greenhouse gasses that are thousands of times more powerful than carbon dioxide.
• The chain recently embarked on its first wind power partnership, investing in the 211-megawatt Stephens Ranch Wind Project, and offsetting 100% of the energy used at 60 local stores.
• Eight Target stores in the Chicago area were built with green roofs, featuring plantings and vegetation that soak up access rainwater, absorb heat and reduce pollution.
For the complete story, click here.
Walgreens expanding its in-store beauty format
Walgreens is increasing its in-store beauty presence.
Walgreens will be bolstering its beauty proposition with the addition of "Beauty Differentiation" formats across more than 1,000 additional stores this year, the company reported earlier this week. The move is being precipitated with the hiring of beauty consultants who add a personal customer service touch to the offering.
"We think the opportunity inside of a drug store is to move toward a health and beauty convenience specialist," noted Alex Gourlay, co-COO Walgreens Boots Alliance. "That's where we're seeing the investment and the growth right now," he said. "The future of the business will be focused on many ideas but we're absolutely making the most of the 8 million customers who use Walgreens today, both online and in the pharmacies, and also developing a more appropirate beauty offer."
With the expansion of Walgreens' beauty strategy into an additional 1,000 stores "shows the confidence we have in this strategy," he said.
"We have now recruited beauty [consultants] across more than 1,800 stores, which is helping to drive No7 sales and gross profit," George Fairweather, executive VP and global CFO Walgreens Boots Alliance, told analysts. "Repurchase levels of No7 products have been very encouraging and Soap & Glory has also gotten off to a good start."
That level of success across Walgreens' exclusive brands has set the stage for the next launch, Fairweather said. "Following the successful introduction of No7 and Soap & Glory, we're planning to introduce another of our own brands, Botanics, into our existing 'Beauty Differentiation' stores in the next six months."
Fast-growing beauty retailer coming to nation’s largest mall
Ulta Beauty is touching down at Mall of America.
The retailer will open an 11,000-sq.-ft. location at the mammoth shopping center, which is located in Bloomington, Minnesota, in fall 2017.
In addition to more than 20,000 products, Ulta Beauty will also feature an in-store offering a variety of hair, skin, and brow services.
“Ulta is a staple for every beauty shopper and will be a fantastic addition to our growing beauty category at Mall of America,” said Heather Brechbill-Swilley, VP of leasing. “This is a brand that continues to enhance the in-store experience, offering high-quality salon services in addition to hundreds of brands.”
Ulta Beauty currently operates some 975 locations nationwide. It plans to open approximately 100 stores in 2017.