Finance & Capital Management

Mashantucket, Conn. -- Foxwoods Resort Casino announced that the grand opening of the new Tanger Outlets at Foxwoods will be held on May 21, 2015.   

Leading third party logistics provider Transplace acquired fellow 3PL Logistics Management Solutions in a deal that extends the company’s expertise to chemical and industrial manufacturing.

Walgreens reported October sales of $6.8 billion, an increase of 6.9% from the comparable year-ago period.  

 

The U.S. Department of Energy has named the ASHRAE/IES 90.1-2013 energy standard as the new national energy reference standard, superseding the 2010 version in effect until then.

Within two years, all states must put into effect a commercial building energy code at least as stringent as the 2013 version of 90.1, or justify why they cannot comply.

The updated standard pays particular attention to lighting controls, with more stringent requirements, including*:

Patrick Spear has joined GMDC as president to fill a role previously held by the organization’s long-time CEO Dave McConnell.  Spear brings 25-plus years of experience in the consumer and office products industry to GMDC’s senior management team.  

New York City -- Juice Generation, a juice bar concept with 12 locations in Manhattan and Brooklyn, signed a lease for its first Financial District location at 101 Maiden Lane, located at the corner of Pearl Street at the base of the luxury residential complex 2 Gold Street.  

Seattle –- Online retailer Zulily Inc. shrank its net loss to $795 million in the third quarter of fiscal 2014 from $2.25 billion the same period the prior year. Net sales shot up 72% to $285.8 million.  

Bulbs.com, is set to help businesses save big when switching to energy efficient lighting products. 

A leading online lighting supplier is launching its new National Utility Rebate Program initiative to help qualifying commercial customers participate in available utility rebate incentives for lighting products throughout the United States.