Lord & Taylor makes EPA green list with wind power plans
New York City — A Thursday report by Crain’s New York Business said that Lord & Taylor has signed a two-year contract with Green Mountain Energy Co. to provide the department store retailer with 100% of its electricity needs at two stores, including the Fifth Ave. flagship location.
The move has garnered the attention of the Environmental Protection Agency, which places Lord & Taylor, effective August, as No. 17 on the its Green Power Partnership list of Top 20 retailers embracing clean energy.
The Green Mountain contract will provide 13 million kilowatt hours of wind-generated power annually.
"We’re very excited that we are able to implement this cleaner energy and carbon offset solution now," Brendan Hoffman, CEO of Lord & Taylor, told Crain’s. "We are thrilled to incorporate green power as part of our business practices."
Gap opening first Gap flagship in Rome
Rome — Gap said Friday that it will debut its first Gap flagship store in Rome on Via del Corso, the city’s premier shopping district, on July 30.
The opening in Rome is part of Gap’s ongoing international growth strategy; it opened its first Gap and Banana Republic stores in Milan in November 2010.
Four additional Gap and Banana Republic stores are slated to open in Italy this year. The company also recently introduced its outlet concept to the country and said it expects to open additional stores in Italian outlet centers.
The new flagship store is a two-story, 14,111-sq.-ft. space that was originally a bank and most recently a book store. To celebrate this heritage, the store will house a book corner and sell a variety of art and style books. Several of the structure’s original elements have been conserved including a 1940’s mural by Giulio Russo showcasing men on a scaffold wearing white T-shirts and denim. Gap has also reinterpreted and localized Gap’s American store design through the use of premium materials such as marble and warm toned woods. At the heart of each store is a floating white staircase composed of stone and white glass and a sky light positioned directly above.
Williams-Sonoma to open U.K. stores
London — A Friday report by the United Kingdom’s The Independent newspaper said that San Francisco-based Williams-Sonoma is planning a U.K. launch in 2012.
The report said that the company has appointed a U.K. retail property agent and plans to open its first store in the first half of next year.
Plans call for a London debut and the report said the retailer is seeking 5,000-sq.-ft. to 8,000-sq.-ft. spaces.