STORE SPACES

Giant Eagle Columbus Store Achieves Gold LEED Status

BY CSA STAFF

Pittsburgh Giant Eagle said Thursday that its northeast Columbus store has received a Gold LEED (Leadership in Energy and Environmental Design) certification.

The 75,000-sq.-ft. Giant Eagle opened in August. Following an eight-month review process, the facility was awarded Gold LEED certification in the new-construction category—it is the chain’s first Gold LEED award.

The chain opened its first LEED-certified supermarket in Brunswick, Ohio near Cleveland in December 2004. Giant Eagle was also awarded Silver certification for its Pittsburgh location in April 2007.

Among the chain’s energy-saving processes and specifications are high-efficiency lighting, the purchase of wind energy, and the use of white roofing, variable-speed fans and occupancy sensors.

Many of these processes are also being added into existing locations.

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Burlington Coat Factory cuts 1Q loss

BY CSA STAFF

BURLINGTON, N.J. Burlington Coat Factory reported that net sales for the first quarter ended Aug. 30 were $707 million, compared with $678.8 million for the comparative period ended Sept. 1, 2007, a 4.2 % increase. Comparative-store sales increased 0.2% for the quarter.

The company recorded a net loss of $32.5 million for the quarter compared with a net loss of $50.4 million for the same period last year.

 

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NRF ask Congress to consider 2nd stimulus package

BY CSA STAFF

WASHINGTON The National Retail Federation is urging Congress to hold a lame duck session to address the nation’s economy as soon as possible after the November elections, and to include tax relief for consumers in any economic stimulus package that is adopted.

The United States is in the midst of a national crisis, NRF president and ceo Tracy Mullin said. Extraordinary measures are needed to address this profound economic emergency that has affected every American. 

Consumer confidence has been badly eroded by the foundering economy and instability of the financial markets, Mullin said. Because consumer spending represents two-thirds of GDP and supports tens of millions of jobs, it is difficult if not impossible to foresee an improvement in overall economic growth until consumer confidence and spending improve. 

Mullin said she believes a second round of stimulus checks would provide a much-needed boost in consumer spending.

 

Mullins comments came in a letter sent today to House Speaker Nancy Pelosi, D-Calif.; House Minority Leader John Boehner, R-Ohio, Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch McConnell, R-Ky.

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