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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.
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
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.
In May 2017, the J. Peterman Company planned to open a brick-and-mortar store in Blue Ash, Ohio. Rather than a retail store, it would serve as the warehouse for the company. It was set to open on May 13, 2017. [20] The Smithsonian asked the J. Peterman Company to develop a collection of branded apparel in November 2017. The retail company would ...