Safeway Foundation donates $100K to Japan disaster victims
PLEASANTON, Calif. — Safeway’s charitable arm announced it would donate $100,000 and launch an employee matching pledge of up to $50,000 to help with the Japan earthquake and tsunami relief efforts.
The Safeway Foundation said the contribution will be distributed to the impacted area through the American Red Cross.
“The images of destruction that we’ve all seen are heartbreaking,” said Larree Renda, Safeway EVP and chair of the Safeway Foundation. “At this time of need, we are pleased to join with our employees, customers and communities as we collectively look for ways to make a difference.”
Leonard Green mulls buying BJ’s
NEW YORK — Private equity firm Leonard Green & Partners is considering an offer to acquire BJ’s Wholesale Club, according to a recent filing with the Securities and Exchange Commission.
Leonard Green, which already has a 9.3% ownership stake in the wholesale club operator, said in the SEC filing that it is examining confidential information provided by BJ’s as it evaluates an offer.
BJ’s revealed in February that it was considering putting the company on the sales block.
Leonard Green recently bid $1.3 billion to acquire 99 Cents Only and $1.6 billion for Jo-Ann Stores. It also was part of a group that acquired J.Crew for $3 billion.
American Greetings celebrates Taylor Swift partnership
CLEVELAND — A greeting card company and a singer-songwriter are celebrating the first anniversary of their partnership with a new line that commemorates spring birthdays, friendship and love.
American Greetings said it is extending its partnership with Taylor Swift with the new Taylor Swift spring collection, which includes 28 designs and features a "handmade" format. In addition to these personal touches, there also are six new music cards featuring several of Taylor’s hit songs, including "Love Story," and "You Belong With Me."
The Taylor Swift spring greeting card collection can be found at select American Greetings retail partner locations stores nationwide.