STORE SPACES

K3 Retail launches alliance with JustEnough Software

BY Staff Writer

Newport Beach, Calif. – U.K. Microsoft Dynamics solution-provider K3 Retail said Monday it has formed an alliance with JustEnough Software to help retailers more effectively plan financials, assortments, markdowns, promotions and allocations with flexibility, accuracy and ease.



JustEnough’s Merchandise & Assortment Planning, Price & Markdown Planning, Promotions Planning & Analysis, Space Planning and Allocation & Replenishment solutions are fully integrated with Microsoft Dynamics AX. As a result, users can more effectively plan assortments and markdowns, maximize selling-space effectiveness, allocate products to the optimal stores and replenish inventory with accuracy.



The JustEnough retail planning solutions are designed to help retailers avoid stock-outs, over-stocks, lost sales and dissatisfied customers.

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Macy’s begins massive renovation of Herald Square

BY Marianne Wilson

New York — Macy’s on Monday started work on the four-year renovation of its Herald Square flagship in New York City. In the first phase, the retailer is making over its shoe department into what it says will be the “world’s largest shoe floor,” with 300,000 pairs of shoes stepping into a new 63,000 -sq.-ft. space (retail and stock).

The new second floor space, due to be completed by fall 2012, will feature 39,000 sq. ft. feet of continuous selling space and approximately 24,000 sq. ft. devoted solely to stockrooms housing the season’s best fall footwear. The department will house new luxury shoe shops, a designer shoe salon, and curated shoe closets inspired by New York City’s trendiest neighborhoods, and a coffee, champagne and chocolate bar.

The multi-year, multi-million dollar ($400 million) renovation Macy’s project will reconfigure the legendary landmark through architectural and technological enhancements, the renovation will be one of the biggest retail remodels ever with the Manhattan flagship ultimately undergoing a total top-to-bottom transformation. Increasing its retail space to 1.2 million sq. ft., the store will bring in new departments, dining destinations and multi-level shops offering.

Main floor construction is scheduled to begin the week of March 19.

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Sears Holdings wins EPA Energy Star’s highest honor: the Corporate Commitment Award

BY Katherine Boccaccio

Hoffman Estates, Ill. — Sears Holdings Corp. said Thursday that it has earned the U.S. Environmental Protection Agency Energy Star program’s highest honor: the Energy Star Corporate Commitment Award.

The award was given in recognition of Sears leadership in energy efficiency and commitment to continuous improvements. Sears is the fifth corporation to earn the distinction in the EPA’s history, and is the first company to receive the award since 2005.

Since 2006, Sears has achieved a significant 1,371,648,000 kWh in electricity savings. Performance reports from EPA’s energy management tool, Energy Star Portfolio Manager, illustrate Sears’ progress, specifically a 6.5 kBtu/sq.-ft. reduction (4.31%) in 2011.

"Sears Holdings has so fully integrated the ENERGY STAR program into our energy goals, it has become a part of our DNA," said Mike LeRoy, energy director for Sears Holdings. "With Sears’ expansive building footprint encompassing thousands of retail stores nationwide, we emphasize best-in-class energy management as a powerful tool to reduce our environmental impact."

In addition, Kmart achieved Energy Star Leaders recognition for reducing energy consumption since 2008 by more than 10% in its portfolio of buildings. Sears said that since January 2008, Kmart has reduced energy consumed in its buildings by 11.4% through lighting retrofits at more than 860 facilities, the use of building energy management systems, and sound energy disciplines.

Sears has been involved with Energy Star for more than 13 years. It earned the Energy Star certification for 151 buildings in 2011.

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