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In The News - Business


Shaw's Supermarkets
Introduces Online Coupons and Shopping withU-pons(TM) Internet
Coupons' and 'U-porium(TM) Internet Mall'
SAN FRANCISCO, and EAST BRIDGEWATER, Mass., -- Shaw's
Supermarkets, Inc. (www.shaws.com), one of New England's leading
supermarket retailers with 127 stores in six states, has
partnered with planet U (www.planetu.com) to introduce U-pons(TM)
Internet Coupons and the U-porium(TM) Internet Mall to its
shoppers. Shaw's is the first supermarket chain in New England to
offer this convenient service to its shoppers.
With U-pons, Shaw's shoppers can receive promotions on leading
national brands by saying good-bye to the hassles of
coupon-clipping and hello to the ease and convenience of
coupon-clicking. Shoppers visit the Shaw's web site and select
the offers they are interested in receiving. Within a few days,
customers receive their personalized offers via the mail. The
coupons can be used at any Shaw's location, just like a
traditional paper coupon. U-pons users receive up-to-the-minute
shopping values not available anywhere else -- as well as special
offers tailored just for them. Offers are targeted to shoppers
based on personal profile information, interactive questions and
past usage and purchase behavior of promoted products.
The U-porium Internet Mall allows site visitors to conveniently
shop for books, music, movies, toys, software and clothing at
selected Internet merchant sites -- without leaving Shaw's. These
leading merchants include Barnes&Noble.com, CDNow, Reel.com,
Beyond.com, e-Toys and jcrew.com.
"Shaw's is committed to expanding its presence on the
Internet for the convenience of our customers," said Bernard
Rogan of Shaw's. "We hope customers will appreciate the
unique savings and convenience that planet U provides with its
U-pons and U-porium services."
"We are delighted to be Shaw's premier promotional partner
as we introduce our services to New England shoppers," said
Bill Purcell, chief executive officer and founder of planet U.
"By visiting the Shaw's site, shoppers will be able to save
time and money."
Shaw's Supermarkets, Inc. of East Bridgewater, Massachusetts
manages 169 store locations in all six New England states and is
a wholly owned group company of J Sainsbury plc of London,
England.
planet U provides highly targeted, Internet-based consumer
promotions for consumer packaged goods manufacturers and
retailers. Defining and driving the new era of interactive
promotions, planet U leverages the powerful capabilities of the
Internet to deliver "one-to-one" marketing solutions on
a mass scale. The company is based in San Francisco, California.
toysrus.com Announces
E-Commerce Developments;Selects Leo Burnett and Starcom as
Agencies of Record
PARAMUS, N.J.- toysrus.com today announced its decision to hire
the Leo Burnett Company and Starcom, the independent media
services arm of the Chicago-based advertising agency, as its
Agencies of Record.
"Our goal is to make the Toys 'R' Us brand number one with
families, no matter how they choose to buy their toys and
children's products," said Warren Kornblum, Chief Marketing
Officer of Toys "R" Us, Inc. (NYSE: TOY).
In related news, Toys "R" Us announced today that Bob
Moog, who had hoped to join toysrus.com as its CEO, has been
unable to extricate himself from his responsibilities as founder
and CEO of University Games. A search for a CEO for toysrus.com
has begun.
Robert Nakasone, CEO of Toys "R" Us commented, "We
understand Bob's desire to return to his roots and his passion
for University Games. We wish him success. We also remain
absolutely committed to making toysrus.com the leading e-commerce
site for toys and children's products. We are currently in
discussions with several CEO candidates and expect an
announcement shortly."
toysrus.com (http://www.toysrus.com), is a leading internet
retailer for toys and children's products. toysrus.com combines
one of the world's most recognizable brands and unparalleled
expertise in the toy and children's industry with an easy online
shopping experience. Offering thousands of toys online,
toysrus.com creates a fun-filled shopping experience featuring a
wide selection of popular and "hot" products.
Toys "R" Us, the worldwide authority on kids, families
and fun, currently operates 1,490 stores: 703 stores in the
United States; 457 international toy stores, including franchise
stores; 212 Kids "R" Us children's clothing stores; and
118 Babies "R" Us stores.
Leo Burnett (http://www.leoburnett.com) operates a global network
of over 270 operating units across 80 markets, including 90
full-service advertising agencies and a variety of specialty
marketing services including direct, database and interactive
marketing, sales promotion and public relations. Founded in
Chicago in 1935 with eight employees and three clients, today Leo
Burnett employs over 9,000 people and posted 1998 billings of
$6.81 billion.
Starcom, Leo Burnett's separate media specialist division, has
won over $2 billion in media-only billings over the past two
years, including AOR assignments from Morgan Stanley Dean Witter,
Canon, United Distillers & Vintners, and Corn Products. In
March 1999, Starcom rolled its successful operating model into 75
markets worldwide. Starcom currently ranks as one of the top
three media specialist companies in North and South American and
Asia/Pacific and ranks as one of the top five media companies in
the world.
Millionaire.com Announces
Major Auction July 9th 11th
HILTON HEAD, S.C., - Millionaire.com (Nasdaq: MLRE) announced
today that more than 1,000 company owned items will be auctioned
this weekend at its Global Auction Emporium, located on Hwy 278,
the main artery leading into Hilton Head, SC. An after hours
party and preview will be held for the Chamber of Commerce, July
8th, followed by a preview party on July 9th where a select group
of items will be auctioned to the highest bidder. The two days of
previewing will be followed by two sales from 10 A. M. to 8 P. M.
on Saturday, July 1Oth and 11 A. M. to 6 P. M. on Sunday, July
11th. American, English, French, Italian and other Continental
antiques will be sold along with a large variety of rare and
unique classic cars, arms and armour, garden statuary, antique
jewelry and much more. One of the rarities of the sale is the
only known 11th Century Goddess, from India, a magnificent hand
carved 2.5 feet tall black stone figure, valued at $350,000. Fine
Art to be sold ranges from paintings by George Innis to Salvador
Dali. Classic cars range from unrestored early Packards to
extraordinary Rolls Royce and custom Bentley motorcars. A rare
Leech and Rigdon Confederate revolver is one of many fine Civil
War arms. Portuguese, Dutch and American bronze cannons are but
three of many to be auctioned. "Our July 9th-11th Auction is
by far the largest and most exciting auction we've held,"
stated Frank Osborne, Global's general manager. "With the
variety and quality we are offering, there is something for
everyone and the response from attendees has been
overwhelming."
Information can be obtained by visiting the millionaire.com web
site at www.millionaire.com , where the entire inventory listing
can be found, or by calling 843-757-6600. Preview all day Friday,
Registration, Friday, Saturday and Sunday.
Millionaire.com is holding the auction as a joint venture with
Kruse International, a subsidiary of eBAY, Inc. (Nasdaq: EBAY).
Millionaire.com markets products directly to consumers through
its millionaire.com site, its internationally distributed
Millionaire Magazine, and Auction Houses. At Millionaire.com's
site you can find Millionaire Magazine's editorial features and
advertising, a chat room, e-mail access, a guest book and a forum
where people of like interests can communicate, ask questions and
bid on items sold at Millionaire.com's auctions and buy items
through Millionaire Magazine itself.
Certain statements and information included in this release
constitute "forward-looking statements" within the
meaning of the Federal Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of the company to be
materially different from any future results, performance or
achievements expressed or implied in such forward-looking
statements.
News Archives June 1999
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