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In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
In December 2024, Variety Wholesalers reached a deal to buy at least 200 stores and two distribution centers from the bankrupt Ohio-based discount store Big Lots and continue to operate them under the Big Lots name. [1] The company is still privately owned by the Pope family, and its current CEO is Art Pope. [2] [3] [4]
Sibley's Shoes – a show retailer founded by Harry Rosenfield in 1920; had locations in Michigan and Ohio and closed in 2003 when the company's executives decided to not save the company [citation needed] Steve & Barry's – "extreme value" retail clothing chain that operated 276 stores in 39 states.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Associated Wholesale Grocers, Inc. (AWG) is a retailer-owned wholesale grocery cooperative that supplies independently owned supermarkets and grocery stores. [1] It serves more than 4,000 locations in 36 states in the Midwest , the Southeast , and the Southwest , and from 8 full-line wholesale divisions.
The Manufacturers’ Agents National Association (MANA) is the largest [1] North American association of manufacturers’ reps. It was founded in 1947. It was founded in 1947. Scope and operations