Sustainability

New York -- From parking lots to refrigerated cases, Walmart has helped pioneer the use of LED lighting. And the discounter shows no signs of stopping, having recently made headlines with its use of solid-state ceiling lighting. Walmart will share insights and learnings gained from its LED lighting deployments at Chain Store Age’s 51st annual SPECS Conference, March 15 – 17, Sands Expo at the Venetian/Palazzo Hotel, Las Vegas.

San Francisco -- Gap Inc., Petco Animal Supplies, Levi Strauss are the only U.S. retail brands to be recognized by the Ethisphere Institute as a 2015 World’s Most Ethical Company.

The annual designation, which recognizes organizations that foster a culture of ethics and transparency at every level of the organization was given to 132 companies. The only other retail brands on this year’s list are Sweden’s H&M and the United Kingdom’s Marks and Spencer.

The Ethisphere Institute is out with its “World’s Most Ethical Companies” list and the names of retailers are few and far between.

Beachwood, Ohio -- DDR has named a new financial chief, and the shopping center company reached from within its own ranks for the appointment. Luke J. Petherbridge, age 35, assumes the role of CFO effective immediately.
 
"Luke is an accomplished executive with a proven track record within our company, overseeing the balance sheet, fostering strong banking and capital partner relationships, and sourcing large scale transactions during his tenure with us," said David Oakes, president and CEO.

Technology evolves to let smaller stores maximize energy savings

Do more with less. That’s an overall trend in retail facilities services, where retailers have less resources to run their properties even as they come under pressure to increase service levels while also reducing costs.

Largest U.S. retail development to open since 2006

Perhaps nothing signifies the resurgence of the U.S. retail market, both on a macro and micro level, more than the long-delayed opening of Downtown Summerlin, in Las Vegas. Opened in October, the open-air center is the largest retail development to debut in the United States since the economic downturn. It has quickly ramped up to become not only one of the hottest retail destinations in the Las Vegas region, but in the entire Western part of the country.

Four metatrends are reshaping the industry