Corporate Responsibility

Bentonville, Ark. -- Wal-Mart Stores’ efforts to reduce waste and boost recycling added $231 million to its bottom line last year, company CFO Charles Holley said at the chain’s 2012 Global Sustainability Milestone Meeting.

Other speakers at the event, which was web cast live, included Mike Duke, president and CEO, Walmart; Doug McMillon, president and CEO, Walmart International; and Bill Simon, president and CEO, Walmart U.S.
 

Buffalo Grove, Ill. -- Siemens Building Technologies Division announced that Michaels Stores recently rolled out a series of Siemens advanced extensions to the Site Controls’ energy management system (EMS). The extensions will provide Michaels a cash-on-cash payback of 20 months, and an ROI exceeding 90%. In addition, the investment will drive further reductions in Michaels’ carbon footprint, the environmental equivalent of 5,600 cars from the road each year.

ARLINGTON, Va. — The Food Marketing Institute on Monday selected nine finalists for the 12th annual Store Manager Awards competition, which identifies exceptional store managers who generate sales growth, provide great customer service, lead outstanding store teams and serve the community in unique ways. Among the nine, three winners will be named on May 1 in Dallas at the FMI2012 convention and retail trade show.

EDEN PRAIRIE, Minn. — Supervalu is moving ahead with its sustainability efforts by increasing the number of stores that will divert 90% or more of their waste from local landfills by the end of the current fiscal year.

Eden Prairie, Minn. -- Supervalu is moving ahead with its sustainability efforts by increasing the number of stores that will divert 90% or more of their waste from local landfills by the end of the current fiscal year.

Bentonville, Ark. -- A report by the Associated Press on Monday said that Wal-Mart Stores Inc. CEO Mike Duke was compensated with an $18.1 million pay package in 2011, down 3% from the prior year.

According to AP, the pay decline is attributed to a smaller performance-based cash bonus for the year.

Retail facades and storefronts have come under increased scrutiny in recent years for the important role they play in brand identity. Chain Store Age talked with Oldcastle BuildingEnvelope’s Kent Baumann about trends in building envelope solutions and how the industry is evolving.

BENTONVILLE, Ark. — Significant waste reduction and greater use of renewable energy are detailed in Walmart’s just-released fifth annual Global Responsibility Report (GRR). Entitled “Beyond 50 Years: Building a Sustainable Future,” the report highlights the chain’s global top 10 list of achievements to reduce its impact on the environment, improve efficiency in its supply chain and stores, and address social issues.

Bentonville, Ark. -- Significant waste reduction and greater use of renewable energy are detailed in Walmart’s just-released fifth annual Global Responsibility Report (GRR). Entitled “Beyond 50 Years: Building a Sustainable Future,” the report highlights the chain’s global top 10 list of achievements to reduce its impact on the environment, improve efficiency in its supply chain and stores, and address social issues.

GOODLETTSVILLE, Tenn. — Dollar General has pledged its support of the White House’s Joining Forces initiative, which promotes private sector employment for members of the military community.