FINANCE

Report: Leonard Green set to make bid for BJ’s

BY CSA STAFF

New York City — Leonard Green & Partners is expected to make an opening-round offer on Wednesday for BJ’s Wholesale Club, the New York Post reported, citing unidentified people familiar with the matter.

Bidders picked for the second round will probably be asked to make binding offers by the end of May, the newspaper said.

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News

Brookstone debuts QR code program in 30 locations

BY CSA STAFF

Merrimack, N.H. — Brookstone has launched a new Quick-Response (QR) code program in 30 New York-area Brookstone stores, including locations in Rockefeller Center and JFK airport, to provide shoppers with reviews, videos and product information.

The program allows to shoppers will see black-and-white QR codes located next to products. By snapping an image with their smartphone QR application, consumers can quickly access real-time customer reviews and product videos and even shop a greater selection of similar products at Brookstone’s website.

"Brookstone customers seek information so they can make informed purchase decisions," said Brookstone CEO Ron Boire. "Using technology such as QR codes in-store complements our knowledgeable staff and creates an online information experience in-store."

Consumer use of QR codes is increasing. Thirty-two percent of U.S. smartphone users have scanned a QR code, while 70% said they plan to use a QR code again or for the first time.

"The potential applications for QR code technology have yet to be realized by marketers and advertisers beyond promotional offers," Boire said. "QR codes provide the opportunity to empower the informed shopper with quick access to information in the form of third-party reviews, product demos and more."

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STORE SPACES

Ikea powers up solar in Burbank, Calif.

BY CSA STAFF

Burbank, Calif. — Ikea on Wednesday went live with the solar energy system installed at its store in Burbank, Calif. The 35,000-sq.-ft. array consists of a 290-kW system, built with approximately 1,260 panels.

The installation will produce approximately 421,300 kWh of electricity annually, the equivalent of reducing at least 334 tons of carbon dioxide (CO2). The initiative will contribute to the local utility’s renewable portfolio goals and will lower the carbon intensity of the electrical grid.

Ikea contracted with Gloria Solar for the development, design and installation of this customized solar power system. This project is the third largest installation in the service area of Burbank Water & Power (BWP).

The Burbank installation is the fourth solar energy project for Ikea in the United States, with system in place Systems are operational in Brooklyn, N.Y., Pittsburgh, Penn., and Tempe, Ariz. Plans are underway for installing programs at seven other Ikea locations in California, and two more on the East Coast. Also, both a solar energy and geothermal system were incorporated into a Denver-area store opening this year in Centennial, Colo.

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