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Sustainability

  • Institute aims to keep Walmart honest on sustainability front

    Walmart is guilty of greenwashing to enhance it corporate reputation, and it would take the company three centuries at the current pace to reach its goal of being supplied 100% by renewable energy, according to a group critical of Walmart sustainability efforts that others have lauded.

  • Starbucks to open 4,500-sq.-ft. 'concept' store in Amsterdam

    Seattle -- Starbucks will open its largest location in Europe, in the center of Amsterdam, on March 9. The 4,500-sq.-ft. store is located in the vault of the historic Amsterdamsche Bank, a landmark building on Amsterdam’s famous Rembrandt Square.

  • Kohl’s opens eight stores; 50 remodels on tap for 2012

    New York -- Kohl’s Department Stores announced the opening of eight stores, bringing approximately 1,000 new jobs nationwide. The company now operates 1,134 stores in 49 states.

    The new stores are located in seven states, including Florida, Illinois, Missouri, New Hampshire, New York, North Carolina and Pennsylvania. Of the eight locations, seven are small format stores with approximately 64,000 sq. ft. or less of retail space, providing greater real estate flexibility.

  • Kohl's has lots in store for 2012

    NEW YORK — Kohl’s Department Stores has opened eight new stores, bringing approximately 1,000 new jobs nationwide. The company now operates 1,134 stores in 49 states.

    The new stores are located in seven states, including Florida, Illinois, Missouri, New Hampshire, New York, North Carolina and Pennsylvania. Of the eight locations, seven are small format stores with approximately 64,000 sq. ft. or less of retail space, providing greater real estate flexibility.

  • Target does well, but Fortune’s Most Admired misses retail mark

    Target ranked 25th on Fortune’s listing of the 50 Most Admired Companies, which is the lowest level in the past six years. The decline could be viewed as troubling, but only if you buy into the notion that the list is the definitive report card on corporate reputations.

    It is not, at least as far as retailers are concerned. In 2011 and 2010, Target was ranked 22nd, down from 2009 when it was ranked 19th and considerably below 2008 when it nearly broke into the top 10 with a ranking of 11th after a ranking of 13th in 2007.

  • Target gives $37,500 for tornado relief

    Minneapolis — Target has donated $37,500 in monetary support and product to assist with tornado relief efforts underway in the central United States. The donation includes $25,000 cash for the American Red Cross to aid their efforts and an additional $12,500 that can be used either as cash or product donations to local organizations in Alabama, Illinois, Indiana, Kentucky and Missouri.

  • Safeway raises expectations for 2012

    PLEASANTON, Calif. — Safeway is projecting that 2012 will be a good year for the retailer.

    The company said ahead of an investor conference held Tuesday that it forecasts earnings per share will be in the range of $1.90 to $2.10 per diluted share. This compared with net income of $1.49 per diluted share in fiscal 2011, due to a tax charge 29 cents per diluted share. Excluding the charge, diluted earnings per share would have been $1.78 in fiscal 2011.

  • Stop & Shop donated more than $22 million in 2011

    New York — Stop & Shop announced that its New England and New York Metro divisions and its customers were able to give back more than $22 million in 2011 into the hundreds of communities in which they operate.

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