Tractor Supply store support center gets LEED certification
Brentwood, Tenn. – The new Tractor Supply Company store support center in Brentwood, Tennessee, has achieved LEED (Leadership in Energy and Environmental Design) Silver certification from the U.S. Green Building Council. LEED certification is awarded for buildings that are energy efficient and environmentally sustainable in design and operation.
Clean, renewable solar energy was also incorporated into the design of the new 260,000 sq.-ft. facility. A solar array consisting of 165 panels was installed on the roof of the building that generates up to 50 kilowatts of electricity. Tractor Supply was able to build the new Store Support Center to the LEED Silver standard by incorporating a number of environmentally friendly features, including:
• Energy efficient design and heating/cooling systems;
• Water saving plumbing and irrigation systems;
• Recycled and regionally sourced building materials;
• Low-emitting materials for all adhesives, paints, carpet systems and composite materials; and
• Low mercury lamps and LED lighting.
The new facility is expected to reduce energy costs by 19% compared with baseline code requirements and reduce potable water usage by 40% indoors and 60% outdoors (irrigation). During the construction process, an estimated 87% of construction waste was diverted from landfills.
The facility was designed by Hastings Architecture Associates and its sustainability division, greenStudio. Brasfield & Gorrie served as the general contractor, and Eakin Partners was the development consultant for the project.
"Achieving LEED Silver certification for our new Store Support Center demonstrates our strong commitment, through our Stewardship Program, to environmental sustainability," said Greg Sandfort, president and CEO. "From the early design phase all the way through the construction and operation of the building, we have taken steps to reduce the impact of our Store Support Center on the environment and are very pleased with the end result. This highly efficient and functional building will reduce energy costs and meet the needs of our company for many years to come."
H.J. Martin & Son completes major project for Burlington
Green Bay, Wisconsin – H.J. Martin announced it has completed a major project for national retailer Burlington Coat Factory. The project primarily consisted of fixture installations in 49 stores across the continental United States as part of a remodeling of Burlington’s home and accessories departments.
In 47 Burlington stores, which averaged 80,000 square feet in size, H.J. Martin personnel spent five to eight days at each location, working in an open-store environment. The work was phased in sections, allowing the stores to remain open throughout the remodeling process.
The business relationship with Burlington grew out of H.J. Martin’s assistance in developing a Green Bay, Wis., store location for Burlington back in 2013. An off-price retailer of apparel, home and baby products, Burlington has more than 500 stores throughout the U.S. and Puerto Rico.
H.J. Martin also performed full-store fixture installations at three new Burlington locations, in Brooklyn, N.Y., Hanover, Pa., and Orlando, Fla.
Eight separate H.J. Martin crews, each consisting of six to eight people, worked on the Burlington project. All stores were completed in the scheduled length of 1 to 1.5 weeks. For the 1.5-week stores, crews would split up to finish one store while starting the next store during the same timeframe.
“We appreciate the confidence shown in us by Burlington,” says Edward Martin, CEO, H.J. Martin. “We learned a lot about their stores when they located in Green Bay, and found that their store-remodel needs were an excellent match with our fixtures and millwork Installation division.”
As part of the overall project, H.J. Martin performed additional work at nine Burlington locations in California. These items included carpet removal, floor prep, carpet tile installation and wall patching/painting.
Dollar Tree Q3 sales lift holiday outlook
As Dollar Tree moves forward with its acquisition of Family Dollar, the company reported an increase in same-store sales and expressed a favorable holiday outlook.
Dollar Tree's earnings per share increased 19% to $0.69 and its revenue increased 11.2% to $2.1 billion compared to the third quarter of fiscal 2013; these results were driven by comparable-store sales increasing 5.9% during the quarter compared to an increase of 3.1% in the prior-year period.
"These results validate our value enhancement initiatives targeted to attract new, and retain current, customers. Our store teams are well-prepared and our shelves are well-stocked with incredible values for the upcoming holiday season," said Bob Sasser, Dollar Tree CEO.
Dollar Tree opened 117 net new stores during the quarter, bringing its total store count to 5,282. The company has opened 291 net new stores year-to-date, putting it on pace to reach its goal of opening 375 net new stores in fiscal 2014.
Dollar Tree has agreed to buy Family Dollar Inc. but the deal is facing a challenge from Dollar General Corp. over antitrust concerns.
Dollar Tree, which like other discounters is facing competition from small-format stores opened by big retailers such as Walmart, will become the largest dollar store chain if it pulls off its deal with Family Dollar.
In its outlook statement, Dollar Tree estimated fourth-quarter sales in the range of $2.39 billion to $2.46 billion and EPS in the range of $1.07 to $1.14. Consensus estimates call for EPS of $1.13 on revenues of $2.45 billion.