EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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elationships and loyalty. Co-Op suffered no recession or deficit: Its underlying operating profit<br />
for the year was up 31.4% to £ 625 million. The Co-op Group now has an impressive 16-story<br />
head office under construction, a £ 100 million building set for completion in August 2012.<br />
Adding new stores has become a profitable habit at the Co-op: For 2011, 50 more are planned, for<br />
2012 another 125 and in 2013 some 175 more new stores. Food is a big deal at the Co-op: It<br />
represents 58.4% of revenues. In that area, own brand plays a major role, continuing to increase in<br />
sales as new products are added. In 2008, a new front of pack traffic light labeling was introduced.<br />
In 2010, that idea was integrated into the Guideline Daily Amount (DGA) information, which tells<br />
consumers the product amount of fat, saturated fat, salt and sugars--from low to high and how that<br />
product contributes to recommended daily intake of nutrients. This scheme also applies not only to<br />
on-pack packages but also is integrated into the corporate website and in magazine recipes. Even<br />
in the Co-operative Clothing business, a new brand, Aurora uniforms, was rolled out for the<br />
beauty profession, i.e., salons and the like.<br />
Procurement Contacts: David Chambers, General Manager, National Buying & Marketing; Kate<br />
Jone, Head of Range Development in Food Retail & of Commercial Food Product Development<br />
COLLECTIVE BRANDS, INC.<br />
3231 Southeast Sixth Ave., Topeka, KS 66607 USA<br />
Tel: (785) 233-5171<br />
Fax: N/A<br />
www.collectivebrands.com<br />
Total Fiscal 2010 Sales: $3.4 Billion +2.1%; Payless Domestic (Retail) Sales: $2.1 Billion -4.2%;<br />
Payless International (Retail) Sales: $460.3 Million +8.9%; Collective Brands Performance +<br />
Lifestyle Group (wholesale): $628.4 Million +22.3%; Collectie Licensing: $227.7 Million +4.3%<br />
Percentage of Sales in Exclusive Brands: N/A<br />
Principal Business: Founded in 1956, Collective Brands, then called Payless, has become one of<br />
the world’s largest footwear specialty retailers, overseeing a total of 4,844 retail stores (3,794 in its<br />
Domestic business, 667 in 14 other countries, and 383 in its wholesale division. The network<br />
includes 4,523 self-select shopping format retail stores owned or franchised in 24 countries and<br />
territories. Its 3,794 owned Payless Shoe Source stores, averaging about 3,200 square feet, are<br />
located in all 50 states, District of Columbia, plus in Guam and Saipan. (Franchised Payless Shoe<br />
Source stores also are in Canada, the Caribbean, and Central and South America.) They sell a<br />
portfolio of brands and private brand labels. Their budget footwear stock (some 7,000 pairs of<br />
footwear) covers: athletic, casual, dress, sandals, work and fashion boots, and slippers. Stores also<br />
stock accessories: handbags, jewelry, bath and beauty products, and hosiery. In its international<br />
retail business, the 62 franchised stores (averaging 2,800 square feet) are located in Bahrain,<br />
Kuwait, Peru, the Philippines, Russia, Saudi Arabia, and the UAE. Additionally, Collective