Staples, SunEdison unveil largest single rooftop solar-power installation in Md.
Hanover, Md. Staples has unveiled the largest single rooftop solar-power installation in Maryland at Staples’ 200,200-sq.-ft. fulfillment center in Hanover. The 1.01 megawatt solar installation covers nearly 175,000 sq. ft. of roof space, larger than three football fields.
The zero-emission, silent photovoltaic system will generate approximately 1.2 million kilowatt-hours (kWh) of electricity per year, and 21 million kWh during the initial 20 years of the project. The solar installation was financed, built and maintained under a power purchase agreement with SunEdison. Under the PPA, Staples will purchase the electricity produced for the term of the contract.
“The solar-power system installed at our Hanover fulfillment center is the latest example of Staples’ ongoing commitment to environmental leadership,” said Mark Buckley, VP environmental affairs for Staples. “Through our relationship with solar services provider SunEdison, we are able to purchase solar energy from our rooftop at a rate below or equal to the cost of electricity from the grid. This reduces our operating costs while freeing up more electricity during peak times for use by local homes and businesses.”
New additions to beauty
This March, the beauty department at Target is set to receive new items from such boutique brands as NP Set and Pixi. The new launches are designed to fulfill the retailer’s “expect more” value proposition. Target will add five new products from the NP Set brand including a $32 NP Set Romance Set with 26 colors, including 18 eye shadows, four blushes and four lip glosses, a $15 mascara, a $15 eye primer, a $17 compact kit called Pretty Presto and a $13 item called the NP Set On the Double Pens.
Under the Pixi brand, new items will include an $18 Smokey Eye Primer, a $14 Endless Silky Eye Pen, a $28 Flawless & Poreless cleanser and a $25 Lumi Luxe Bronzer Palette.
Borders sees decrease in holiday sales
ANN ARBOR, Mich. Borders Group reported that for the 11-week holiday period ended Jan. 16 total consolidated sales were $846.8 million, a 13.7% decrease compared with the same period last year.
Within the Borders superstore segment, total sales for the period were $649.2 million, a 14.7% decrease from a year ago. Comparable-store sales at Borders superstores declined 14.6%. Factoring out multimedia, comparable-store sales at Borders superstores declined 10.9%.
Within the Waldenbooks Specialty Retail segment, total sales for the holiday period were $153.2 million, a 14.6% decrease year-over-year. Comparable-store sales for Waldenbooks stores that will remain open beyond the end of this month declined 9.4%.
“We are disappointed with holiday results and must intensify our focus on creating and delivering a shopping experience that drives profitable sales,” said Borders Group CEO Ron Marshall. “Given the sales challenge, we have continued to manage cash flow and have taken several important steps in line with our strategic priorities, including moving away from underperforming, low margin categories such as music and video in favor of better performing categories such as children’s.”