STORE SPACES

LEED for Retail Now Open for Public Comment

BY CSA STAFF

Boston The U.S. Green Building Council (USGBC) announced the opening of the public comment period for its LEED for Retail rating system, both for new construction and commercial interiors projects. LEED for Retail recognizes the unique nature of the retail environment and offers a certification system that addresses the various types of retail spaces available, from grocery stores to big-box retailers, to restaurants and banks.

Since the pilot’s launch in April 2007, USGBC has collaborated with over 80 retail pilot project teams to develop and refine the innovative program. Once balloted, LEED for Retail will become a part of LEED 2009, the next evolution of the LEED green-building certification system.

“Retailers have become strong adopters of LEED, recognizing the need to green their space in order to convey their corporate values to their customer,” said Doug Gatlin, VP, market development, USGBC. “The LEED for Retail rating system is designed specifically for retailers’ unique needs and features technologies and strategies they can use to create spaces that are healthier and safer for customers and employees.”

This is the third public comment for LEED for Retail: New Construction and Major Renovation and the second for LEED for Retail: Commercial Interiors. Public comment for LEED for Retail opened on Nov. 12 and will conclude Nov. 27.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Barnes & Noble posts 3Q loss, lowers outlook

BY CSA STAFF

NEW YORK Barnes & Noble reported sales for the third quarter of $1.1 billion, a 4.4% decrease compared to the prior year. Barnes & Noble store sales decreased 4.4% to $971 million, with comparable-store sales decreasing 7.4% for the quarter.

The third quarter net loss was $18.4 million or 34 cents per share.

 

“A significant drop off in customer traffic and consumer spending impacted our business in the third quarter,” said Steve Riggio, ceo of Barnes & Noble. “In a challenging environment with a comparable-store sales decline of 4.6% this year, the company has aggressively managed expenses to operate profitably. Furthermore, the company is taking measures to reduce expenses for the balance of this year and next.”

For the fourth quarter, the company expects comparable-store sales at Barnes & Noble stores to decline 6% to 9%. Fourth quarter earnings per share is expected to be in a range of $1.40 to $1.70. For the full year, the company now expects comparable-store sales at Barnes & Noble stores to decline 5% to 6%. Full year earnings per share is expected to be in a range of $1.30 to $1.60, compared to previous guidance of $1.70 to $1.90.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Dollar General pushes back Thanksgiving sales

BY CSA STAFF

GOODLETTSVILLE, Tenn. Dollar General announced that it will offer holiday deals a full weak ahead of the traditional Thanksgiving holiday shopping weekend.

Starting the Sunday before Thanksgiving, customers will find special savings on items such as DVD players, holiday decorations and gaming systems.

Promotions will continue during the Thanksgiving weekend with deals on cell phones, jeans and MP3 players.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...