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Bill Newbold, senior director of operations for Cycle Gear, give us an inside look at how the retailer is ramping up for 2014 and beyond.

Today in the news

Dick’s Sporting Goods continues growth
posted on Jul 30 14

Dick’s Sporting Goods has gained a competitive edge, operating more than 560 full-line stores and 84 golf-specific outlets. Leadership has announced goals to operate more than 800 large- and small-format stores in 2017, largely in underserved markets. Read the Morningstar story here

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Tranwestern’s Houston corporate headquarters earns LEED® Silver Certification
posted on Jul 30 14

Transwestern‘s corporate headquarters office in Houston received LEED Silver certification from the U.S. Green Building Council (USGBC) in Leadership in Energy and Environmental Design (LEED) for Commercial Interiors. Transwestern renovated 58,008 square feet between three floors. Construction began in June 2013 and was completed in March 2014. The new design reduced lighting usage by 0.15 watts per square foot, or approximately 22,500 kWh per year. This reduction results in $2,250 approximate savings per year on lighting, before accounting for the occupancy sensors that reduce the daytime load.

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Dollar Tree to acquire Family Dollar Stores for $9B
posted on Jul 29 14

A merger between Dollar Tree and Family Dollar has been supported by both retailers’ boards in a deal valued at up to $9 billion. Both discount stores, but Family Dollar in particular, have struggled as they confront competition from Wal-Mart. Combined, the stores’ sales will top $18 billion and more closely rival that of the country’s top discounter, Dollar General. Read The New York Times story here

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Checkers, Philly Pretzel Factory seize opportunity at Wal-Mart
posted on Jul 29 14

Checkers and Philly Pretzel Factory are hoping to benefit from Wal-Mart‘s popularity by embracing new franchise development opportunities with the store. Checkers’ drive-thru model translates well to Wal-Mart’s speed and convenience while PPF has been pleased with brand exposure and the lower costs associated with the Wal-Mart locations. Read the QSRWeb.com story here

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Macy’s aims to go greener with new sustainability goals
posted on Jul 28 14

Macy’s has updated a sustainability platform it adopted in 2008, adding new initiatives including a partnership to add 17 electric vehicle charging stations in Los Angeles and installing LED light bulbs in all U.S. stores, according to Women’s Wear Daily. The retailer will also join the Sustainable Apparel Coalition, a group working for greener apparel and footwear manufacturing around the world.

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