Report: New Price Chopper 27% more energy efficient
New York City Price Chopper has opened a 56,000-sq-ft. store in Warwick, N.Y., that is expected to reduce energy costs by 27%, or by about $150,000 annually, according to Timesunion.com. The store features high-efficiency lighting and controls, HVAC units, daylighting controls, skylights and other eco-friendly equipment.
Price Chopper expects to reduce its energy consumption by more than 800,000 kilowatt hours of electricity, and to realize a payback in about 12 to 18 months. The store is seeking LEED (Leadership in Energy and Environmental Design) certification from the U.S. Green Buildings Council.
Over the past few years, NYSERDA has partnered with Price Chopper on several energy conservation, renewable energy, and combined heat and power projects, which total more than $1.5 million. This includes the Golub headquarters building in Schenectady, N.Y.
Ikea decides to open 100,000 stores
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Landry’s owns a wide portfolio of gaming, restaurant and hospitality companies, including Landry’s Seafood House, Rainforest Café, Chart House and Saltgrass Steak House. It acquired the 12-unit Oceanaire Seafood Room in April. The company also owns the Golden Nugget casino hotels in Las Vegas and Laughlin, Nev.
In May, Landry’s reported that beneficial one-time items helped it double its first-quarter profit to $14.3 million, or 87 cents a share. Revenue for the March-ended quarter rose less than 1 percent, to $258.7 million. Same-store sales at Landry’s restaurants, which include Landry’s Seafood House, Rainforest Café, Chart House and Saltgrass Steak House, fell 2 percent in the quarter.