Sunday Sales Blast 3/26/17

China’s High-Tech Tool to Fight Toilet Paper Bandits

BEIJING — The toilet paper thieves of the Temple of Heaven Park were an elusive bunch.

They looked like most park visitors, practicing tai chi, dancing in the courtyards and stopping to take in the scent of ancient cypress and juniper trees. But hidden in their oversize shopping bags and backpacks was a secret: sheet upon sheet of crumpled toilet paper, plucked surreptitiously from public restrooms.

Now the authorities in Beijing are fighting back, going so far as to install high-tech toilet paper dispensers equipped with facial recognition software in several restrooms.

Before entering restrooms in the park, visitors must now stare into a computer mounted on the wall for three seconds before a machine dispenses a sheet of toilet paper, precisely two feet in length. If visitors require more, they are out of luck. The machine will not dispense a second roll to the same person for nine minutes.

“The people who steal toilet paper are greedy,” said He Zhiqiang, 19, a customer service worker from the northwestern region of Ningxia. “Toilet paper is a public resource. We need to prevent waste.”

How would you do with 2 feet of toilet paper?

https://www.nytimes.com/2017/03/20/world/asia/china-toilet-paper-theft.html

 

Exclusive: Sealed Air nears sale of Diversey Care to Bain Capital - sources

Sealed Air Corp (SEE.N) is in exclusive talks to sell its cleaning and chemicals systems division, Diversey Care, to private equity firm Bain Capital LLC for between $3 billion and $4 billion, people familiar with the matter said on Monday.

The deal would allow Sealed Air to focus on its higher-margin food, product and medical packaging operations by shedding a hygiene and cleaning solutions division that it no longer sees as core to its business.

Sealed Air acquired Diversey in 2011 from its controlling shareholders, the Johnson family and private equity firm Clayton, Dubilier & Rice LLC, in a $4.3 billion cash and stock deal.

Sounds like someone lost some money on that deal...just saying.

Another reason to BYOB (Be Your Own Brand)

http://www.reuters.com/article/us-sealed-air-diversey-baincapital-idUSKBN16K2P0

 

Have a great day and an even better sales week!

Scott Jarden