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Sustainability

  • Simon adds electric car fast-charging stations to four centers in Northern California

    San Francisco -- Simon and NRG eVgo, a subsidiary of NRG Energy, announced the installation of new electric car fast-charging Freedom Station sites that can recharge shoppers' vehicles in 30 minutes or less at four Northern California Simon shopping centers: Vacaville Premium Outlets, Livermore Premium Outlets, Great Mall and Petaluma Village Premium Outlets.

  • Whitewave does dairy deal to drive growth

    The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, has agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein & Co., for approximately $195 million in cash.

  • Urban Land Institute looks at retail development challenges in lower-income areas

    Washington, D.C. -- Site and market challenges, underwriting challenges, and operational challenges are the key factors that hamper retail development in some lower-income communities, according to a report from the Urban Land Institute.

    The report, Retail in Underserved Communities, defines underserved communities as those that fall into one or more of four categories: urban locations lacking businesses, underserviced markets, locations without cultural offerings, and isolated rural or small towns.

  • EPA honors Raley’s for GreenChill Partnership

    West Sacramento, Calif. -- The U.S. Environmental Protection Agency’s GreenChill Partnership announced that Raley’s Family of Fine Stores received a GreenChill 2013 Achievement Award for extraordinary leadership and initiative in achieving the Partnership’s mission to better protect the Earth’s ozone layer and reduce the impact on climate change through innovative refrigeration systems.

  • General Mills to add Annie’s to portfolio

    General Mills is in the process of acquiring leading natural and organic food company Annie’s for $46 per share in cash, for a total transaction value of approximately $820 million.  

    The transaction consideration represents a 51% premium over Annie’s 30-day average closing price of $30.47 as of Sept. 5. Annie’s will continue to be headquartered in Berkeley, California.

  • Chick-fil-A founder Truett Cathy dies at 93

    Atlanta - S. Truett Cathy, founder and chairman emeritus of Chick-fil-A Inc., died at the age of 93 on Sept. 8.

    Cathy got his start in 1946, when he opened a diner in a suburb of Atlanta. He invented the Chick-fil-A sandwich in 1964 and opened the company's first restaurant in Atlanta in 1967. Under his leadership, the quick-serve eatery grew into one of the nation’s largest family-owned companies, with annual sales of $5 billion in 2013. Currently, there are more than 1,800 Chick-fil-A restaurants operating in 40 states and Washington, D.C.

  • Staples Canada expanding use of renewable energy

    Toronto - Staples Canada is expanding its Bullfrog Power partnership to support renewable energy in four additional stores. Through the partnership, Bullfrog Power injects clean, renewable electricity onto the grid to match the amount of energy the Staples facilities use.

  • Sports Authority launches exclusive women’s yoga apparel collection

    The increasingly competitive yoga apparel category just got a little more crowded. Sports Authority has launched an exclusive yoga line called Bloom, which it says it created specifically for women who enjoy being connected to the outdoors.

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