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REI

BY CSA STAFF

REI (Recreational Equipment, Inc.) takes its commitment to environmental stewardship to the next level in Boulder, Colo. The 44,000-sq.-ft. store is designed to meet the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) Silver standards for commercial interiors, and to serve as a working laboratory to analyze the performance of green-building features and new retail concepts. Findings from the site will be used to help the outdoor gear and apparel company make decisions on how it approaches green design and construction going forward.

REI’s commitment to reducing its environmental footprint is evident throughout the space. The materials used were all chosen for their minimal impact on the environment. Bamboo, recycled rubber and cork, were incorporated on the floor, perimeter walls, fixtures, displays, benches and table tops. The overall design scheme is meant to be reminiscent of nature, and is reflected in both the exterior architecture and interior decor elements.

The smart building design is aimed at energy efficiency, water conservation and indoor air quality. Three solar strategies—passive solar, solar electric and solar thermal—were incorporated into the design. Natural daylight is channeled from the roof throughout the store through a system that utilizes highly reflective funnel-shaped tubes.

Additionally, and in what is the first installation of building-integrated photovoltaics of its kind in a retail environment, a soaring entryway skylight collects energy from imbedded silicon solar cells. A solar hot-water system will meet 70% of the store’s hot-water needs, with the water supplied through efficient plumbing fixtures.

Located at the center of the store is an elevated, glass-enclosed community center, a first for REI. The nearly 2,000-sq.-ft. space is exclusively dedicated as a resource for the community to learn more about the outdoors and opportunities to protect shared natural spaces.

From start to finish, REI Boulder is a store that embodies the values that make REI unique: community involvement, environmental stewardship and a commitment to serve as a gateway to the outdoors.

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Stage Stores says Peebles evp to retire

BY CSA STAFF

HOUSTON Stage Stores today announced that Dennis Abramczyk, evp and coo of its Peebles Division, will be retiring after approximately nine years with the company. He will continue to serve in his position until a replacement is found.

Jim Scarborough, chairman and ceo, commented, We want to thank Dennis for his contributions and service to our company, and we wish him well as he begins this new phase of his life. We will immediately begin a search for his successor, and we are pleased that Dennis will be staying on until the conclusion of our search process, as this will ensure a smooth and orderly transition.

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Home Depot to cut 500 HQ jobs

BY CSA STAFF

ATLANTA Home Depot is cutting 500 jobs at its headquarters. According to reports the cuts make up 10% of the 5,000 employees who work at the headquarters.

The cuts are partly due to the struggling U.S. economy, which has hurt market conditions, reports said. Employees were notified of the eliminations today, they will be paid through April 4.

Home Depot reported fiscal 2007 third quarter consolidated net earnings of $1.1 billion, or 60 cents per diluted share, compared with $1.5 billion, or 73 cents per diluted share, in the same period in fiscal 2006.

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