Staples, Best Buy, Office Depot score highest on recycling report card
San Francisco — Although most of the 16 electronics retailers scored by the Electronics TakeBack Coalition received an “F” grade, three companies – Staples, Best Buy and Office Depot – were deemed to have effective recycling programs.
More than half of the retailers failed the Coalition’s assessment, including Walmart, Amazon, Costco, Sam’s Club and Sears.
Some retailers offer trade-in programs where consumers can get store gift cards equal to the value of their traded in products, which they must ship back to the retailer. But the Electronics TakeBack Coalition, which promotes responsible recycling and green design of electronics, doesn’t view those as a substitute for recycling programs.
“We’d like to see more of these retailers step up and be the front door for recycling programs, in partnership with the manufacturer take back programs,” said Barbara Kyle, national coordinator, Electronics TakeBack Coalition.
The report card evaluated the 16 retailers’ programs against 20 criteria, including convenience, transparency, collection volumes and responsible recycling. Findings included:
- Only three of the retailers (19%) have effective recycling programs, meaning they take back all or most of the 13 categories studied and offer physical collection sites.
- Nine of the 16 retailers got F’s (56%), because they either have no recycling program or they take back only one item.
- While all 16 retailers sell TVs, only two — Best Buy and Micro Center – take them back for recycling at their stores.
- Nine retailers offer trade in programs, but only two of them – Best Buy and Radio Shack – let you bring trade in items back to their stores. The others require consumers to ship their old products back to the trade in vendor for credit.
- Six of the 16 (37%) retailers are using certified e-Stewards for their recycling or trade in recyclers. The e-Steward standard is the highest in the industry, and does not allow vendors to export toxic e-waste to developing countries.
99 Cents Only Q4 net sales increase nearly 10%
CITY OF COMMERCE, Calif. — 99 Cents Only Stores announced its financial results for the fourth quarter and full-year fiscal 2013 ended March 30, 2013.
The company’s net sales increased 9.7% to $434.8 million for the fourth quarter of fiscal 2013 compared to $396.4 million for the fourth quarter of fiscal 2012. Same-store sales, calculated on a comparable 13-week period, increased 4.4%.
For the full-year of fiscal 2013, the company’s net sales increased 8.9% to $1.67 billion compared to $1.53 billion for fiscal 2012. Same-store sales, calculated on a comparable 52-week period, increased 4.3%.
During the fourth quarter of fiscal 2013, the company opened seven stores in California. As of March 30, the company operated 316 stores, an increase of 6% in store count over last year.
For fiscal 2013, average annual sales per store for all stores open for at least 12 months, on a comparable 52-week period, were $5.3 million, compared to $5.2 million for fiscal 2012.
In fiscal 2014, the company currently intends to increase its store count by approximately 10%, all of which are expected to be opened in existing markets.
First Field & Stream specialty store to open Aug. 16
Cranberry Township, Pa. — The Dick’s Sporting Goods new Field & Stream specialty concept will make its debut next month at 1000 Cranberry Square Drive in Cranberry Township, Pa., near Dick’s headquarters in Pittsburgh.
The new store, which grand-opens on August 16, will offer an assortment of outdoor equipment, accessories and services in hunting, fishing, archery, camping and more. The concept was inspired by the 140-year-old Field & Stream brand, which Dick’s acquired in September 2012. A second Field & Stream store is expected to open this fall in Northern Kentucky, at Buttermilk Towne Center in Crescent Springs.
"We are proud to open our initial Field & Stream store in Cranberry Township," said Jack Barnes, general merchandise manager, Field & Stream. "We look forward to providing great brands, products and customer service to all outdoor enthusiasts."