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  • Gymboree’s $1.8 billion acquisition by Bain on track

    New York - Gymboree Corp. said Monday it did not receive any offers that top Bain Capital's $1.8 billion bid for the company and so the buyout will proceed.

    The allotted time for Gymboree to receive competing offers expired Friday.

    "Despite a broad solicitation of potentially interested parties, the Company did not receive any alternative acquisition proposals during the 'go-shop' period," Gymboree said in a statement.

  • Sears selects EnerNOC to help capture energy savings

    Boston — EnerNOC, a leading provider of data-driven energy efficiency applications, announced that Sears Holdings has selected EnerNOC's EfficiencySMART Commissioning, which blends traditional commissioning services with real-time, persistent commissioning technology, to drive energy savings at its 2.4 million-sq.-ft. corporate headquarters in Hoffman Estates, Ill., a 2010 Energy Star rated facility.

     

  • Anne Fontaine opens at South Coast Plaza

    New York - Anne Fontaine has opened a store at South Coast Plaza, Costa Mesa, Calif.  The 1,510 –sq.-ft. shop is based on the company’s New York flagship designed by architect Andree Putman.

    The new store combines natural materials and textures that embody the essence of Fontaine’s love of modernity and nature.

    "The concept behind the shop is simple; to experience a little bit of the French lifestyle," said designer Anne Fontaine

  • Nielsen: Consumers ready to shop on Black Friday

    Schaumburg, Ill. - Nearly one in five Americans will shop on Black Friday, and more than half (61%) plan to spend $100 to $500, according to a new survey by The Nielsen Company.  Among the likely Black Friday winners are department stores, with 76% of consumers planing to shop the channel, and supercenters/mass merchandisers, where 55% will shop.

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