FINANCE

Report: Wal-Mart and Kroger interested in Hostess Brands

BY Staff Writer

New York — Wal-Mart Stores and Kroger are said to be among the bidders for assets being sold by Hostess Brands Inc., according to Bloomberg.

The report, which cited a person who asked not to be named because the process is confidential, said there are about two dozen bidders, with some interested in just the cakes or breads businesses, and others in individual Hostess plants or products.

keyboard_arrow_downCOMMENTS

Leave a Reply

duyentran607 says:
Apr-21-2013 07:24 pm

IT HAS OBTAINED EXTENSIVE
The report, which cited a person who asked not to be named because the process is confidential, said there are about two dozen bidders, chatrandom

G.Dsa says:
Mar-07-2013 06:19 pm

Thanks for your many years of
Thanks for your many years of a great service well done! I’ve always felt good about listing my concerts with you and linking from my website. piso de caucho

G.Dsa says:
Mar-07-2013 06:17 pm

i read a lot of stuff and i
i read a lot of stuff and i found that the way of writing to clearifing that exactly want to say was very good so i am impressed and ilike to come again in future piso para juegos infantiles

G.Dsa says:
Mar-07-2013 06:19 pm

Thanks for your many years of a great service well done! I’ve always felt good about listing my concerts with you and linking from my website. piso de caucho

G.Dsa says:
Mar-07-2013 06:17 pm

i read a lot of stuff and i found that the way of writing to clearifing that exactly want to say was very good so i am impressed and ilike to come again in future piso para juegos infantiles

B.Barnaby says:
Mar-04-2013 09:45 pm

When you read the reviews for
When you read the reviews for this product, one thing that you will notice is that it is effective in both people with a lot of weight to lose and those who are just struggling with their last few pounds. garder son numéro

B.Barnaby says:
Mar-04-2013 09:45 pm

When you read the reviews for this product, one thing that you will notice is that it is effective in both people with a lot of weight to lose and those who are just struggling with their last few pounds. garder son numéro

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Survey finds free return shipping is priority of online shoppers

BY Marianne Wilson

Philadelphia — Eighty-one percent of online shoppers say they are not likely to make additional purchases from websites that charge shipping on returns and 69% feeling that returning items purchased online is a complicated process, according to a survey by ShopRunner that was conducted online by Harris Interactive.

Researchers tracked actual consumer spending over the course of four years and found that retailers’ return shipping policies greatly affected customer spending and loyalty. Customers paying for their own returns universally decreased their spending, between 75% and 100% at that retailer by the end of two years after the return. In contrast, customers who received free return shipping universally increased their spending with that retailer between 158% and 457%.

Aside from consumer demands around returns, with the increasing prevalence of mobile devices, the ShopRunner survey also found that 67% of online shoppers would purchase more online from their mobile device or computer if they could use the same secure, easy check-out procedure across all websites.

“These results demonstrate a huge opportunity for retailers to increase sales by meeting the increasing consumer demands for online shopping including free and easy returns, fast delivery, and streamlined checkout,” said Fiona Dias, chief strategy officer of ShopRunner. “The bar has been raised by competitors, but it is challenging for most retailers to cost-effectively offer these shopping benefits on their own.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Best Buy extends deadline for offer by Schulze

BY Marianne Wilson

New York — Best Buy Co. on Friday said it agreed to extend the deadline to Feb. 28 for founder Richard Schulze to make a bid for the company.

The company said it is in the best interest of shareholders to let Schulze and his partners include results from the holiday season in their due diligence review.

The new deadline will also give Schulze more time to line up partners and financing for a bid. Under the extension, Schulze will be able to submit an offer any time during February, and the company will have 30 days to review and make a decision on the bid.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...