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Report: No rival bids for J. Crew

BY CSA STAFF

New York City — J. Crew Group received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters. J. Crew agreed in November to be taken private by the two firms. It was able to solicit higher bids until Saturday.

The company will remain with the $43.50 per-share offer from TPG Capital, its former parent, and Leonard Green & Partners, the report said. Shareholders filed more than a dozen lawsuits questioning whether CEO Millard Drexler, who began negotiating with the buyout firms months before the deal became public, obtained a fair price from TPG and Los Angeles-based Leonard Green.

Recently, reports has circulated Sears Holdings Corp. and Urban Outfitters might make a bid.

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Motorola Survey: Shoppers better connected to information than store associates

BY CSA STAFF

New York City — A majority of retail associates (55%) said that 2010 holiday shoppers, driven by increasing availability of online shopping tools and mobile phone applications, were better connected to consumer information than in-store associates, according to a survey by Motorola Solutions.

The survey found that retailers that aren’t investing in technology to stay ahead of increasingly tech-savvy shoppers are hurting their own bottom line. Nearly three in 10 (28%) store visits ended with an average of $132 unspent due to abandoned purchases driven by deal-habituated behavior, out-of-stocks, limited store associate assistance and long check-out processes.

The survey indicates that when surveyed shoppers received guidance from a retail associate armed with a handheld mobile computer, over four in 10 (43%) reported the device improved their shopping experience.

Cara Kinzey, senior VP IT Home Depot said: “Home Depot recently deployed 30,000 Motorola MC75s across our 1,970 stores. Our DIY and professional customers come to Home Depot not only for our products, but for the knowledge and high level of customer service that we’ve provided over the years. Equipping our associates with devices that allow them to check inventory, provide product information, print labels, communicate with other associates and even check-out customers with debit or credit cards from anywhere in the store, not only makes us more efficient, but also enables us to take our customer service to the next level.”

Among the key findings:

  • Shoppers with smart phones used their device to influence 39% of their walk-out incidents; 12% checked prices at other retailers online; and 8% checked availability at other stores.
  • Nearly 25% of surveyed shoppers said they would be very likely to take advantage of a sales associate using a handheld payment terminal to complete their purchase, compared with only 9% who would be very likely to use their own mobile phone to scan their items and process payment without assistance.
  • Eighty-five percent of surveyed retail associates agreed that improving in-store communication between staff and managers would have a significant effect on customer satisfaction.

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B.Low says:
May-15-2013 07:33 am

The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Jurong East. J Gateway

B.Low says:
May-15-2013 07:33 am

The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Jurong East. J Gateway

B.Low says:
May-09-2013 06:58 am

Hillview Peak is a new and upcoming condominium located in the Hillview area, within a short drive to Beauty World and King Albert's Park. With expected completion in mid 2016, it comprises of 6 towers with 512 units and stands 24 storeys tall. Future residents will be able to walk to the upcoming Downtown Line Hillview MRT. Also, nature awaits your family and friends at the nearby Bukit Batok Town Park and the Bukit Batok Nature Park. Also, the ultimate nature awaits you at Bukit Timah Nature Reserve. Hillview Peak

B.Low says:
May-09-2013 06:58 am

Hillview Peak is a new and upcoming condominium located in the Hillview area, within a short drive to Beauty World and King Albert's Park. With expected completion in mid 2016, it comprises of 6 towers with 512 units and stands 24 storeys tall. Future residents will be able to walk to the upcoming Downtown Line Hillview MRT. Also, nature awaits your family and friends at the nearby Bukit Batok Town Park and the Bukit Batok Nature Park. Also, the ultimate nature awaits you at Bukit Timah Nature Reserve. Hillview Peak

williamson says:
Mar-30-2013 09:29 am

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williamson says:
Mar-30-2013 09:29 am

which includes a secure house, club house, kid's play area, share, golf legal courts, violin Advertising Here space, share space, inside gym, hydrotherapy mattresses, hydrotherapy bathrooms, reading space, function space, onsen, hot tub.

B.Low says:
Mar-28-2013 03:51 am

Belgravia Villas has full and unique facilities, which includes a guard house, clubhouse, children's playground, swimming pool, Aerobic/Yoga room, piano room, pool room, indoor gym, hydrotherapy beds, hydrotherapy baths, reading room, function room, onsen, jacuzzi. Belgravia Villas

B.Low says:
Mar-28-2013 03:51 am

Belgravia Villas has full and unique facilities, which includes a guard house, clubhouse, children's playground, swimming pool, Aerobic/Yoga room, piano room, pool room, indoor gym, hydrotherapy beds, hydrotherapy baths, reading room, function room, onsen, jacuzzi. Belgravia Villas

D.Spencer says:
Mar-16-2013 07:57 pm

So many sciences today seem to be measuring success by means of their latest breakthroughs meant to revolutionize the present into highly improved times. Beginning with engineering up to the greatest success in science, everything rolls on to an ascending progressive path. Nowadays, companies develop programs to prevent identity theft and enhance security features.

D.Spencer says:
Mar-16-2013 07:57 pm

So many sciences today seem to be measuring success by means of their latest breakthroughs meant to revolutionize the present into highly improved times. Beginning with engineering up to the greatest success in science, everything rolls on to an ascending progressive path. Nowadays, companies develop programs to prevent identity theft and enhance security features.

B.Low says:
Jan-07-2013 01:18 pm

Stratum has complete and exclusive features, which includes a secure house, club house, kid's play area, share, golf legal courts, violin space, share space, inside gym, hydrotherapy mattresses, hydrotherapy bathrooms, reading space, function space, onsen, hot tub.

B.Low says:
Jan-07-2013 01:18 pm

Stratum has complete and exclusive features, which includes a secure house, club house, kid's play area, share, golf legal courts, violin space, share space, inside gym, hydrotherapy mattresses, hydrotherapy bathrooms, reading space, function space, onsen, hot tub.

B.Low says:
Jan-03-2013 04:54 am

Sant Ritz Condo will be accessible via Potong Pasir MRT station on the North East Line. Commuting to bugis area as well as the city area is therefore very convenient. It is also near to many eateries along the upper serangoon area as well as NEX shopping mall.

B.Low says:
Jan-03-2013 04:54 am

Sant Ritz Condo will be accessible via Potong Pasir MRT station on the North East Line. Commuting to bugis area as well as the city area is therefore very convenient. It is also near to many eateries along the upper serangoon area as well as NEX shopping mall.

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One Cup: An eco-friendly answer to disposable cups

BY CSA STAFF

LOS ANGELES — Looking to offer a greener option for users of Styrofoam and noncompostable insulated cups, Repurpose Compostables has launched a new insulated hot cup that is 100% compostable.

One Cup requires no sleeve, uses 65% less carbon dioxide than a traditional cup and can be composted in 90 days, the company said. The insulated cups also feature Ingeo-based lining, which eliminates the need for "double cupping," to assure the beverage, and not the drinker’s hands, stay hot.

"At Repurpose, we are always working to produce the highest performing, highest quality food service products that also help consumers lower their impact on the environment," said Lauren Gropper, Repurpose Compostables CEO. "Finally a one product solution exists that is also compostable, come

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