Emcore Services to perform energy retrofit project at Wesfield San Francisco Center
Norwalk, Conn. — Emcor Group, a leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that its Emcor Services Mesa Energy Systems subsidiary has been awarded a contract to perform an energy retrofit project at the Westfield San Francisco Centre, a high-end shopping center in San Francisco.
Emcor Services Mesa Energy Systems will be responsible for the design and building systems installation for the energy retrofit project for the 1.5 million-sq.-ft. shopping center complex. Scope of work will include replacing the central HVAC cooling systems with custom engineered, high-efficiency air conditioning equipment, as well as installation of a new building automation system.
OfficeMax names president of retail
Naperville, Ill. — OfficeMax announced that Michael J. Lewis will assume the role of executive VP and president of retail, effective May 2. He will have full responsibility for the retail P&L and all aspects of the retail business, including merchandising, store operations and real estate.
Most recently, from 2010 to early 2011, Lewis served as global head of a merchandising center for Wal-Mart Stores,
Weis sees 1Q income growth, sales struggle
SUNBURY, Pa. — Weis Markets reported that for its first quarter ended March 26, net incomeincreased 7% to $18.6 million compared with $17.4 million for the same period in 2010. Basic and diluted earnings per share increased 6.2% to 69 cents per share.
Weis attributed its higher earnings to an increase in store level operating income due to the increasingly efficient operation of its stores and disciplined marketing and advertising along with targeted promotional activity in key markets.
The company’s first-quarter net sales declined 0.7% to $659 million from $664 million last year. According to the company, the sales decline was a result of the divestiture of 18 unprofitable SuperPetz units and two underperforming stores. Weis’first-quarter comparable store sales increased 0.6%.
"Our current results mark our ninth consecutive quarter of strong operating results," said David Hepfinger, Weis Markets’ president and CEO. "Our company achieved these results at a time of continuing consumer caution and during a period when increased wholesale inflation continues to outpace retail price inflation."
Weis Markets currently operates 162 stores in its home state of Pennsylvania and in Maryland, New York, New Jersey and West Virginia.