STORE SPACES

Panera Bread on EPA’s list of top green power purchasers

BY Marianne Wilson

New York City — The U.S. Environmental Protection Agency announced that Panera Bread’s 35 Maryland locations are on EPA’s list of top green power purchasers among retailers.

The company’s green power purchase of more than 11 million kilowatt hours for its 35 Maryland bakery-cafes is equivalent to avoiding the yearly carbon dioxide emissions of nearly 1,400 passenger vehicles or from more than 800 average American homes’ electricity use.

Panera Bread is purchasing enough wind power with renewable electricity certificates (RECs) for 100% of its electricity use. Green power is generated from renewable resources including solar, wind, geothermal, biogas, and low-impact hydropower.

"Panera Bread’s Maryland locations are switching from traditional sources of electricity generation to cleaner, renewable energy alternatives,” said EPA’s Mid-Atlantic regional administrator Shawn M. Garvin.

EPA’s Green Power Partnership works with more than 1,300 partner organizations that are voluntarily purchasing green power to reduce the environmental impacts of conventional electricity use. Purchases of green power also help accelerate the development of new renewable energy capacity nationwide and produce no net increase to greenhouse gas emissions.

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FINANCE

Rite Aid same-store sales up 2.9% in October

BY Staff Writer

Camp Hill, Pa. — Rite Aid Corp. reported Thursday that same-store sales increased 2.9% in October, boosted by a 3.6% surge in pharmacy same-store sales. Front-end same-store sales edged up 1.3%.

Total drugstore sales for the four-week period increased 2.8% to $1.96 billion compared to $1.91 billion for the same period last year.

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OPERATIONS

Alliance Data teams with Christopher & Banks on credit card services

BY Staff Writer

Dallas — Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.

Under terms of the agreement, Alliance Data will provide Christopher & Banks and CJ Banks with private-label credit card services, as well as beefed-up loyalty benefits.

"For us, the Christopher & Banks and CJ Banks credit card program is a critical way to extend our brand recognition and create additional customer excitement around our new look and shopping experience,” said Larry Barenbaum, president and CEO, Christopher & Banks.

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