SHARE: Email Print LinkedIn Facebook Twitter Home furnishings retailer Ikea officially plugged-in the solar energy system installed at its store in College Park, Md.. The 148,200-square-foot PV array consists of a 1,196-kW system, built with 4,984 solar panels. The store will produce approximately 1,571,800 kWh of clean electricity annually, the equivalent of reducing 1,195 tons of carbon dioxide (CO2), eliminating the emissions of 213 cars or powering 135 homes yearly, the company reports. Ikea owns and operates each of its photovoltaic energy systems atop its buildings as opposed to a solar lease or PPA (power purchase agreement) and this
CHARLOTTE, N.C., Dec. 1, 2011 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended November 26, 2011 of $63.6 million, a 3% decrease from sales of $65.7 million for the four week period ended November 27, 2010. Same-store sales for the month decreased 5%. Sales for the ten months ended November 26, 2011 were $762.7 million, an increase of 1% over sales of $754.7 million for the ten months ended November 27, 2010. The Company's year-to-date same-store sales decreased 1%. "November same-store sales reflect the continuing difficult environment for middle and lower income
Under Armour recently entered into an agreement with the Junior Tennis Champion Center, where it will outfit the players at the College Park facility that trains some of the best young talent in the game. Trainers, coaches and instructors also will wear the gear and test out new products for the company. Also, the South Baltimore company says it will soon announce some new names on its list of tennis endorsements, which already includes top-ranked American player Robby Ginepri.