OPERATIONS

Michelle Obama shops at Target

BY Marianne Wilson

New York City — The nation’s first lady did some shopping Thursday at a Target store in Alexandria, Va.

Mrs. Obama was casually dressed and virtually incognito with a baseball cap and sunglasses. She spent about 30 to 40 minutes in the store, according to reports, and was accompanied by an assistant.

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 ...
STORE SPACES

DOE recognizes new energy standard

BY Staff Writer

New York City — Commercial and high-rise residential buildings, along with federal buildings, must now meet requirements in the ASHRAE/IES 2007 energy standard after rulings issued by the Department of Energy.

Prior to the new rules, federal and commercial buildings had to meet requirements in the 2004 standard.

ANSI/ASHRAE/IES Standard 90.1-2007, Energy Standard for Buildings Except Low-Rise Residential Buildings, has been established by the DOE as the commercial building reference standard for state building energy codes under the federal Energy Conservation and Production Act.

As a result, states are required to certify by July 20, 2013, that they have reviewed and updated the provisions of their commercial building code regarding energy efficiency, including a demonstration that the provisions of their commercial building codes regarding energy efficiency meet or exceed 90.1-2007.

The DOE also has issued a rule that requires new federal buildings, for which the design for construction begins on or after Oct. 11, 2012, to meet the requirements of 90.1-2007.

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 ...
OPERATIONS

Leonard Green and CVC complete acquisition of BJ’s

BY Marianne Wilson

Westborough, N.H. — Private equity firms Leonard Green & Partners and CVC Capital Partners on Friday completed their $2.8 billion acquisition of BJ’s Wholesale Club. The move, which takes the chain private, sets the stage for a stock delisting, effective Monday before the markets open.

The deal was announced in late June after months of speculation. BJ’s shareholders approved the buyout on Sept. 9. The chain currently operates 190 warehouse clubs in 15 states.

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 ...