Cetalon
This article was originally published in The Tan Sheet
Executive Summary
Supplement retailer/direct marketer will expand "store-within-a-store" concept to 10 more Sears outlets in February, then continue opening shops in batches of 10 during next two years, firm says Sept. 19. Cetalon recently reported successful "first month of increasing traffic and sales" in initial 10 California sites. Company has recruited Natural Health Resource President James LaValle as consultant
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Cetalon
Canadian subsidiary ceases retail sales of vitamin, mineral supplements. Decision affects about 38 Cetalon-owned stores in Canada, although approximately 10 franchise stores still are operating. Cessation of Canadian retail operations stems from conclusion of firm's relationship with Sears Canada, rejection of turnaround, debt restructuring proposals. Cetalon says future focus "will be totally on the U.S.," where its agreement with Sears to operate "stores-within-stores" is unaffected by the Canadian closures (1"The Tan Sheet" Sept. 24, 2001, In Brief)...
Cetalon
Canadian subsidiary ceases retail sales of vitamin, mineral supplements. Decision affects about 38 Cetalon-owned stores in Canada, although approximately 10 franchise stores still are operating. Cessation of Canadian retail operations stems from conclusion of firm's relationship with Sears Canada, rejection of turnaround, debt restructuring proposals. Cetalon says future focus "will be totally on the U.S.," where its agreement with Sears to operate "stores-within-stores" is unaffected by the Canadian closures (1"The Tan Sheet" Sept. 24, 2001, In Brief)...
Cetalon
Canadian subsidiary ceases retail sales of vitamin, mineral supplements. Decision affects about 38 Cetalon-owned stores in Canada, although approximately 10 franchise stores still are operating. Cessation of Canadian retail operations stems from conclusion of firm's relationship with Sears Canada, rejection of turnaround, debt restructuring proposals. Cetalon says future focus "will be totally on the U.S.," where its agreement with Sears to operate "stores-within-stores" is unaffected by the Canadian closures (1"The Tan Sheet" Sept. 24, 2001, In Brief)...