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  • Ikea extends solar commitment with plans to install solar on all ten southern U.S. stores

    Conshohocken, Pa. -- Ikea announced plans to install solar energy panels on 10 additional United States locations, its entire presence in the Southern United States.

    Pending governmental permits, installation will begin this winter, with completion expected in summer 2012.

    Collectively, the nine stores and one distribution center will total 10.7 Megawatts (MW) of solar generating capacity, nearly 45,360 panels, and a projected annual electricity output of 15,248,334 kilowatt hours (kWh).

  • Ikea increases solar energy use

    CONSHOHOCKEN, Pa. — Ikea announced that it plans to install solar energy panels on ten additional United States locations. Pending governmental permits, installation can begin this winter, with completion expected in summer 2012, the company said. Collectively, the nine stores and one distribution center will total 10.7 Megawatts (MW) of solar generating capacity, nearly 45,360 panels, and a projected annual electricity output of 15,248,334 kilowatt hours (kWh).

  • Conference Board’s Employment Trends Index up in November

    New York City -- The Conference Board Employment Trends Index increased in November to 103.7, up from the revised figure of 102.42 in October. The November figure is up 6.4% from the same month a year ago.

  • Black Friday breakdown reveals 2012 opportunity

    As retailers assess what worked and what didn’t in terms of Black Friday promotions and Thanksgiving weekend sales, overall there are a few things that stand out.

  • Staples makes exec appointment

    Framingham, Mass. -- Staples announced the appointment of Cynthia Pevehouse to senior VP general counsel, effective Jan. 3, 2012. She will have global management responsibility for the company’s legal team and report to Ron Sargent, Staples’ chairman and chief executive.

    Pevehouse joins Staples from international law firm Steptoe & Johnson LLP.
     

  • Apple will open a store in Manhattan’s Grand Central Terminal

    New York City -- Apple will open a store in Manhattan’s Grand Central Terminal on Dec. 9.

    The store will have regular hours starting at 7 a.m. Monday through Friday, accommodating commuters. It will open later on weekends.

  • ‘Tis the season for tempered expectations at Target

    Target may have been up against a difficult prior-year comparison when it reported a 1.8% November same-store sales increase, but that hardly seems like a good excuse for an anemic number to begin the fourth quarter.

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