ENERGY/HVAC

Retail companies can still claim energy upgrades on their upcoming tax returns.

Tesla will test the appeal of its renewable energy products to a mainstream audience with the help of the nation’s largest home improvement retailer.

Walmart has seen some dramatic cost savings as the result of its commitment to LED lighting.

Staples has been recognized for its leadership in energy conservation.

Aldi's $5 billion investment in its stores includes a commitment to sustainability.

Amazon's largest wind farm yet — Amazon Wind Farm Texas — is now up and running.

The holiday shopping season is upon us. For retailers, these last three months of the year signify a marathon of competitive sales strategies to increase foot traffic and maximize profits.    According to the National Retail Federation, the holiday season can represent as much as 30% of annual sales. To adapt to shifting consumer trends and meet peak season demands, stores plan to increase both hours of operation and staff onsite.  

Energy is the fourth largest in-store operating cost for retailers, with the average 50,000-sq.-ft. retail building spending around $90,000 each year on energy costs. Retail building managers are constantly trying to better regulate their buildings’ energy costs, so understanding where those charges come from can be extremely beneficial.