For Citi, the deal brings 25m active accounts, many of which are Sears' own private-label store cards.
Ninety-five percent of its products are private label and the store is a strictly no-frills operation.
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Soutter bought the Yellow Tail name, label and in-store marketing program off the shelf from the Adelaide design house Just Add Wine just after arriving from performing a post-mortem on Carramar in New York with W.J.
To boost margins, Starboard suggests that Office Depot increase higher-margin services in its North American retail unit and carry more private-label products, while reducing store size and the total number of goods sold.
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"I'll get there, " she says, recalling that when she first came back to open a Hong Kong store with her label in 1993, salespeople told her to take the "Made in China" label off the clothes.
It's a breakthrough deal -- the first time a major label has allowed another company to store and administer its catalog.
We put it in its cardboard box, attached the prepaid return label and brought it to a FedEx store.
Like the broader credit-card industry, delinquencies on store-brand or private-label cards are slowing.
Penney also is launching in-store boutiques for its new private-label lingerie brand, Ambrielle.
This includes additional benefits from its store localization program and continual emphasis of its private label merchandise.
The beer giant, which is as it sounds, a venture between SABMiller and Molson Coors, will be required to pull its beers from every restaurant, bar and liquor store in the state because they did not renew their brand label registration before the shutdown.
Richard Budrik, 54, had been mangager of a Manhattan wine store for two decades when he decided last year to start his own record label.
Richard Budrik, 54, had been manager of a Manhattan wine store for two decades when he decided last year to start his own record label.
The quality of private-label goods has improved, making it harder for consumers to discern any difference between a store's brand and a more expensive rival, particularly for commodities such as paper towels or milk.
The big design news in Stockholm this fall is the expansion of the flagship store of Svenskt Tenn, the 87-year-old home-furnishings label known for the modernist furniture and fantastical textile patterns of Austrian-born architect Josef Frank (1885-1967).
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