FINANCE

New Head for Wal-Mart Foundation

BY CSA STAFF

Bentonville, Ark., Wal-Mart Stores announced Tuesday that Margaret A. McKenna has been named the new president of the Wal-Mart Foundation and will be charged with taking the company’s corporate giving to a greater level of impact and excellence.

McKenna joins Wal-Mart after a long career in the public and non-profit sectors, and having recently resigned as the president of Lesley University.

Wal-Mart last year gave more than $270 million to support its 4,000-plus U.S.-based communities and has been recognized by the Chronicle of Philanthropy as the largest cash contributor in America.

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Kohl’s to add solar system to 63 California stores

BY CSA STAFF

LAGUNA NIGUEL, Calif. Kohl’s Department Stores Wednesday unveiled its rooftop solar energy system at its Laguna Niguel store as part of the largest planned U.S. photovoltaic solar rollout to date. The company said it plans to build solar electric systems at 63 of its California Kohl’s stores. At completion, Kohl’s solar program will represent approximately 15% of California’s photovoltaic installations to date, the company reported.

According to the company Kohl’s solar power systems will generate more than 35 million kilowatt-hours (kWh) of renewable energy annually, the equivalent of powering an estimated 3,087 California homes.

“Today’s activation marks a significant milestone for Kohl’s. Through our solar introduction, we’re further extending our commitment to green power and making a significant contribution to California’s renewable energy goals,” said Ken Bonning, Kohl’s evp of logistics.

 

Kohl’s rooftop solar photovoltaic systems are being built under an agreement with SunEdison, North America’s largest solar energy services provider. Under the agreement, SunEdison manages the rooftop solar energy systems in exchange for Kohl’s commitment to purchase energy from SunEdison. In total, more than 138,000 solar panels are expected to be used when Kohl’s solar installations are complete in 2008.

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Kohl’s to add solar system to 63 California stores

BY CSA STAFF

LAGUNA NIGUEL, Calif. Kohl’s Department Stores Wednesday unveiled its rooftop solar energy system at its Laguna Niguel store as part of the largest planned U.S. photovoltaic solar rollout to date. The company said it plans to build solar electric systems at 63 of its California Kohl’s stores. At completion, Kohl’s solar program will represent approximately 15% of California’s photovoltaic installations to date, the company reported.

According to the company Kohl’s solar power systems will generate more than 35 million kilowatt-hours (kWh) of renewable energy annually, the equivalent of powering an estimated 3,087 California homes.

“Today’s activation marks a significant milestone for Kohl’s. Through our solar introduction, we’re further extending our commitment to green power and making a significant contribution to California’s renewable energy goals,” said Ken Bonning, Kohl’s evp of logistics.

 

Kohl’s rooftop solar photovoltaic systems are being built under an agreement with SunEdison, North America’s largest solar energy services provider. Under the agreement, SunEdison manages the rooftop solar energy systems in exchange for Kohl’s commitment to purchase energy from SunEdison. In total, more than 138,000 solar panels are expected to be used when Kohl’s solar installations are complete in 2008.

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

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