STORE SPACES

QVC opens second solar farm

BY Dan Berthiaume

Rocky Mount, N.C. – QVC has opened a second solar farm comprising 11,564 panels on 11 acres at the Rocky Mount Distribution Center owned by QVC Rocky Mount, Inc. Now generating 5.8 million kilowatt-hours per year, this latest addition brings the combined total number of panels at the site to 17,244 over 18 acres. The first field of 5,680 solar panels on seven acres of land was completed in November 2008.

"QVC will conserve enough kilowatt-hours of energy to reduce CO2 emissions that are equivalent to 458,766 gallons of gasoline," said Bill Stanulis, QVC Rocky Mount Distribution Center General Manager. "As one of the largest employers in Edgecombe County, we are committed to conserving energy by implementing sustainable solutions and reducing waste."

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FINANCE

Alco will delist if Argonne merger approved

BY Dan Berthiaume

Coppell, Texas – Alco Stores, Inc. will voluntarily delist its common stock from the Nasdaq Stock Market on or about Oct. 31, 2013. The delisting of the company’s shares is subject to stockholder approval of the proposed merger with an affiliate of Argonne Capital Group, LLC.

The proposed merger was previously announced on July 25, 2013, and a special meeting of stockholders is scheduled for Oct. 30, 2013. If the company’s stockholders vote to approve the proposed merger, Alco anticipates consummating the merger on or about Oct. 31, 2013. If the proposed merger is consummated, Alco will become a wholly-owned subsidiary of an affiliate of Argonne and the company’s common stock will cease to be publicly traded.

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SUPPLY CHAIN

IDC Retail Insights’ Leslie Hand named Top Retail Influencer

BY Staff Writer

Framingham, Mass. – IDC Retail Insights research director Leslie Hand has been named to the 2013 Top 50 Retail Influencers list developed by point-of-sale, inventory and customer loyalty software provider Vend. Hand has spent the last 25-plus years in the retail technology industry, and prior to joining IDC Retail Insights was the director of global RIFD strategy for Ahold.

“It is an honor to be recognized among my peers as a retail influencer,” said Hand. “During the last 25 years, the retail technology market has evolved and today, retailers are empowered to gain better customer insight than ever before, increase efficiencies and more effectively compete in a global market. I am proud to be part of this community and appreciate the opportunity to help retailers harness the power of IT to achieve success."

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