REAL ESTATE

RH New York, The Gallery opens in NYC’s Flatiron District

BY Staff Writer

New York — Restoration Hardware’s RH New York, The Gallery, located at 935 Broadway in New York’s Flatiron District, is open for business.

With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.

The new gallery features an expansive offering of the brand’s recently unveiled 2014 furniture collections, including pieces from the brand’s RH Small Spaces Source Book. Additionally, and coinciding with the launch of the RH Rugs Source Book, the gallery includes a Ben Soleimani Rug Showroom that displays the fourth generation designer’s exclusive hand-knotted and hand-woven rugs for RH. Also featured is his recently debuted Vintage collection from the 1940s and 1950s curated during his global travels.

The third floor has urban, garden-inspired settings showcasing collections from the RH Outdoor Source Book in all-weather wicker, weathered teak and high-performance Perennials fabrics.

Throughout the three floors is an expanded offering of the brand’s RH Objects of Curiosity and RH Tableware collections, objects, accessories and tableware that have been curated by artisans from around the world.

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OPERATIONS

TerraCycle program enables The North Face stores to recycle hard-to-recycle plastic

BY Staff Writer

Trenton, N.J. — TerraCycle, an international recycling company, and The North Face are working together to pursue a solution to the common problem of massive amounts of left over polyethylene bags that are used to protect merchandise through distribution and transit. The North Face has engaged 25 of its retail stores in TerraCycle’s The North Face Polybag Brigade, to ensure these plastic bags get recycled. Together the two companies have kept 1.5 million plastic polybags, equaling more than 62,000 lbs., of plastic out of U.S. landfills.

“We are always looking for ways to reduce our environmental footprint and TerraCycle has been an important partner in helping The North Face address the challenging issue of plastic bag recycling,” said Adam Mott, director of sustainability at The North Face. “This partnership is especially vital in locations where municipal recycling does not accept hard-to-recycle plastics, such as polybags, which would otherwise be disposed of in a landfill without the TerraCycle recycling program.”

Until this partnership between The North Face and TerraCycle began two years ago, the 25 stores were not able to readily recycle the polyethylene bags. Now, the bags will be recycled into a variety of different products such as plastic lumber, bike racks and pavers.

“The volume of polybags that are used every day in shipping to customers and to retail stores is mind-boggling,” said TerraCycle Founder and CEO Tom Szaky. “The fact that The North Face is committed to going the extra step to keep them out of the waste stream is an action that should be applauded and replicated by more manufacturers and retail stores.”

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FINANCE

Pricechopper cuts jobs due to rising costs

BY Antoinette Alexander

SCHENECTADY, N.Y. — Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

"Operating a retail business that lives on narrow margins and employs 22,000 people has become increasingly more challenging given today’s realities. Skyrocketing healthcare costs, rising commodity and fuel costs, rising wages and reduced SNAP benefits, on top of increased competition from a variety of food and non-food businesses that have added food to their mix, have made it more imperative than ever for us to become as efficient as possible in order to best position the company for long-term success,” said Jerry Golub, president and CEO of Price Chopper.

The eliminated positions were in management, field, clerical and administrative support. Store-level positions were not impacted.

"Despite the difficulty of the decisions implemented today, we are very optimistic about the future of our company and ready to face the challenges that lie ahead. Though painful, these actions serve to better position Price Chopper as we move forward, both strategically and competitively,” Golub added.

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