REAL ESTATE

Report: Tesco opens world’s first ‘zero-carbon’ supermarket

BY CSA STAFF

New York City Tesco Plc has opened what it claims to be the world’s first “zero-carbon” supermarket, according to the Cambridge News.

Located in Ramsey, England, the supermarket is built on a frame made from sustainable timber and has skylights calibrated to allow in natural lighting without raising the heat level. Vents control natural airflow to reduce energy, and the power the store does need is created by an on-site generator that runs on renewable sources such as spent vegetable oil, the report said.

Heating for the store is also provided by the generator, rainwater is used to flush the toilets and in the car wash, and gases, which have almost no impact on the environment, are used in the refrigerators.

There is also a rainwater collection system to provide water to flush toilets, as well as to be used in the on-site car wash.

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Talbots income up, sales down

BY CSA STAFF

HINGHAM, Mass. Talbots reported adjusted third-quarter net income from continuing operations of $17.2 million or 31 cents per diluted share, excluding restructuring and impairment charges, compared with last year’s net loss of $12.4 million or 23 cents per share on a comparable basis.

Total sales from continuing operations for the third quarter were slightly better than company expectations and were $308.9 million compared to last year’s sales of $357.3 million, Talbots reported.  Comparable-store sales declined 15.9% for the thirteen-week period.

 

For the fourth fiscal quarter of 2009, the company currently anticipates a loss from continuing operations in the range of 6 cents to 14 cents per share, excluding restructuring and impairment charges and other special items. This anticipated result is based on a top-line sales decline planned to be in the range of approximately 6% to 8%. Talbots expects fourth-quarter top-line sales to be impacted by reduced levels of markdown merchandise.

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Winn-Dixie names group VP perishables

BY CSA STAFF

JACKSONVILLE, Fla. Winn-Dixie Stores announced the appointment of James Smits as group VP perishables. In this role, he will be responsible for all aspects of sales and merchandising for the grocer’s perishable departments and will report directly to Winn-Dixie’s chief merchandising and marketing officer Dan Portnoy.

Most recently, Smits served as the group VP fresh food merchandising at Supervalu. He began his career at H.E. Butt Grocery Company, where he spent 23 years. While there, he rose to become both VP produce and floral marketing and procurement and VP marketing and merchandising of their North Texas region.

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