Blair Goes into the Banking Business

Hoping to better manage its credit-card operations, apparel and home goods cataloger Blair Corp. is launching the JLB Service Bank as a wholly owned subsidiary. The bank’s products will involve the extension of credit on an unsecured basis to Blair customers for purchases of Blair merchandise.

Blair isn’t deterred by the problems other catalogers, most notably Spiegel, have incurred from their banking subsidiaries. “Blair’s credit policies and credit-granting initiatives will not change,” says senior vice president/chief financial officer Bryan J. Flanagan.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.