STORE SPACES

McDonald’s targets LEED Gold for California site

BY CSA STAFF

New York City — A renovated McDonald’s in Riverside, Calif., became the first McDonald’s west of the Mississippi, and the fourth in the United Sates, to seek LEED (Leadership in Energy and Environmental Design) Gold certification.

The building, which has stood as a McDonald’s restaurant for 44 years, reopened after a renovation that made the building more sustainable and energy-efficient. The new green features include:

  • Light colored hardscape to reduce heat emissions from site;
  • Native drought tolerant plants to reduce water consumption by landscape;
  • Low flow plumbing fixtures to reduce water usage;
  • Installation of 294 photovoltaic panels to generate a percentage of the restaurant’s power consumption; and
  • Recycled denim insulation inside the building.

The restaurant features an interactive touch-screen display for visitors to learn about the building, environmental sustainability, and how individuals can reduce their carbon footprint.

Other LEED-certified McDonald’s restaurants are located in Cary, N.C., Savannah, Ga., and Chicago. The Riverside restaurant expects to receive LEED certification within one year.

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News

Target renovates Chicago area stores to new layout

BY CSA STAFF

Minneapolis — Target announced that more than 55 of its stores in the Chicago area have been redesigned to further deliver one-stop shopping convenience for guests. The stores have been updated to feature the retailer’s open-market grocery layout, with an expanded selection of fresh produce, fresh meat and baked goods.

In addition to the expanded fresh food layout, the beauty department displays softer lighting and curved fixtures, as well as interactive screens to help guests select the right beauty products for their individual needs. The home department has added wider aisles and lower product fixtures offering easier navigation and enabling guests to see more of the department at a glance.

The shoe department provides better product visibility and has enhanced guest comfort by adding more seating and mirrors. Finally, the electronics department has added a fun, interactive environment with video games displayed on a unique tether system, allowing guests to browse and try games at their convenience.

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FINANCE

J.C. Penney adopts poison pill

BY CSA STAFF

Plano, Texas — J.C. Penney said Monday that it has adopted a shareholder rights plan, or so-called poison pill, in light of "recent rapid accumulations of a significant percentage of the company’s outstanding common stock." The plan has a term of one year. The rights have a 10% trigger.

The news follows the announcement that activist investor Bill Ackman’s Pershing Square Capital Management and real estate firm Vornado Realty Trust recently disclosed a 16.5% and 9.9% stake each in the retailer.

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