J.Crew

SAN FRANCISCO, Calif. — Gap Inc. announced that its Personal Advancement and Career Enhancement program was recognized by former President Bill Clinton at the Clinton Global Initiative, held in New York City.  Bob Fisher, son of Gap Inc. founders Doris and Don Fisher and a Gap Inc. board member, accepted the honor on behalf of the company.

New York City -- Gap’s Personal Advancement and Career Enhancement program was recognized by former President Bill Clinton at the Clinton Global Initiative, held in New York City. Bob Fisher, son of Gap founders Doris and Don Fisher and a Gap board member, accepted the honor on behalf of the company.

Toronto -- J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.

The approximately 5000-sq.-ft. store, which will offer women’s-only clothing and accessories, marks J. Crew’s international debut, joining recent market entries by retailers such as Target and Big Lots in leveraging Canada’s relatively strong economy.

Dallas -- Alliance Data Systems Corp. said Tuesday it has signed a long-term extension agreement with J. Crew Group to continue providing the retailer with reward program and private-label credit-card services, accepted at J. Crew stores and through J. Crew’s web and catalog channels.

Chicago — Los Angeles-based Westfield announced that its Westfield Old Orchard shopping destination in Skokie, Ill., has added more new tenants to its offerings.

New York City -- J.Crew Group said Monday its $3 billion deal to be taken private by two investment firms is complete.

New York City -- J. Crew Group said Wednesday that it did not receive any alternative takeover bids during an 85-day "go shop" period, in which the company sought alternatives to an offer from its former owner.

J. Crew agreed in November to be taken private in a $3 billion deal with two investment firms, TPG Capital and Leonard Green & Partners. It originally had until Jan. 15 to vet other prospects, and that period was extended by a month.

By Katherine Oberle and Monica Sloboda, [email protected], [email protected]

On November 18, 2010, the U.S. Green Building Council announced the long-awaited launch of its newest green building rating system, LEED for Retail. There are two distinct certification tracks available, LEED for Retail: New Construction and LEED for Retail: Commercial Interiors. 

New York City -- A report released Monday by Bloomberg said that J. Crew Group’s $10 million settlement of an investor lawsuit over the proposed takeover by private-equity firms TPG Capital and Leonard Green & Partners LP has fallen apart.

Citing a lawyer for the shareholders, the report said that J. Crew officials undermined a deal in which the clothier agreed to extend the period to solicit competing offers to the $3 billion buyout bid. The accord also included a $10 million payment to plaintiffs.