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  • Home centers among Irene’s retail winners, apparel stores lose out

    New York City -- Many New Yorkers remain at home on Monday, as Irene -- though not the monster it first appeared to be -- left widespread flooding and power outages in its weekend wake.

  • Home Depot, Lowe’s and other retailers prepare for hurricane Irene

    New York City -- Shoppers are crowding hardware stores, supermarkets and big-box retailers up and down the Northeast to pick up generators, bottled water, batteries and flashlights in preparation for Hurricane Irene. Experts say that demand for hurricane-related supplies is giving some retailers a boost that is likely to continue as people clean up in the storm’s wake.

  • Toys ‘R’ Us details sustainable initiatives in new and remodeled stores

    Wayne, N.J. – Toys “R” Us has implemented a number of sustainable initiatives that conserve energy, minimize waste, and reduce its stores’ overall impact on the environment while diminishing the company’s carbon footprint.

    The chain said that its new and renovated “R”Us locations include a combination of the following sustainable features:

  • Viking cooks up a deal with Emeril Lagasse

    RIDGELAND, Miss. — Viking Culinary Group announced that it has introduced a new line of branded outdoor grills from celebrity chef Emeril Lagasse.

    Products in the Emeril grill line include:

  • Ace Q2 revenues increase to $1.021 billion

    In a second-quarter earnings season characterized by weather-depressed sales figures, Oak Brook, Ill.-based Ace Hardware Corp. managed to show a gain in revenues.

    For the three months ended July 2, Ace saw revenues increase 0.5% to $1.021 billion. For the six-month period, sales increased 1.6% over the same two quarters in 2010.

  • Ikea goes solar in San Diego

    San Diego -- Ikea said Tuesday that it has officially powered up its solar energy installation at its 198,000-sq.-ft. store in San Diego.

    The 30,000-sq.-ft. array consists of a 252-kW system, built with approximately 1,120 panels.  It will produce approximately 366,400 kWh of clean electricity annually, the equivalent of reducing 290 tons of carbon dioxide, eliminating the emissions of 50 cars or powering 32 homes yearly.

  • Focus on: Solar Power

  • Lowe’s to buy back $5B of stock

    Mooresville, N.C. -- Lowe’s Cos. on Monday said it has been authorized to buy back up to $5 billion of its common stock over the next two-to-three years.

    In a statement, the company said it expects to use the full amount over the next two to three years. The new repurchase authorization from the Lowe's board has no expiration date.
     

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