PRIVATE ENTERPRISE; RETAILERS ARE STEPPING UP THE EMPHASIS ON PROPRIETARY BRANDS EXPANDING PRODUCT DEVELOPMENT TEAMS AND SOURCING MORE FROM OVERSEAS.
HFN: The Weekly Newspaper for the Home Furnishing Network, January, 2003 by Thau, Barbara
NEW YORK-Retailers are working to build a better private-label mousetrap.
As merchants beef up their proprietary collections, retailers such as J.C. Penney, Wal-Mart, Saks Department Store Group and Bloomingdale's are relying less on domestic vendors by controlling the entire private-label process. Retail chains are shoring up in-house product development teams or turning to direct imports and global sourcing firms to deliver more tailored, design-driven home programs at lower costs -- sometimes at the expense of U.S. suppliers.
Domestic national brand vendors have traditionally supplied much of retailers' private-label offerings. But factories abroad have become significantly more sophisticated. And as quotas are expected to be lifted on certain...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
