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Reply-To: <charley@transocean.com>
From: "Charles Peck" <charley@transocean.com>
To: <elliscore@aol.com>
Cc: <stephen@transocean.com>
References: <160b89a0694-1726-743cc@webjas-vaa213.srv.aolmail.net> <16261c338ee-c86-1ab52@webjas-vaa145.srv.aolmail.net>
In-Reply-To: <16261c338ee-c86-1ab52@webjas-vaa145.srv.aolmail.net>
Subject: RE: Target.com REbate Structure and Cost Reduction 2018 Assortment - Liora Manne/Trans Ocean
Date: Mon, 26 Mar 2018 07:12:14 -0400
Organization: Trans-Ocean
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Let=E2=80=99s discuss but one possibility is taking her original deal =
but capping it at 5%,

=20

=20

Charles Peck

President

Trans-Ocean Imports

10 Midland Avenue|Suite M00|Port Chester, NY 10573

914.949.5656 x105 | 914.937.3140 fax |914.384.1190 mobile=20

Charley@transocean.com <mailto:Charley@transocean.com>=20

=20

From: elliscore@aol.com <elliscore@aol.com>=20
Sent: Monday, March 26, 2018 6:03 AM
To: charley@transocean.com
Cc: stephen@transocean.com
Subject: Target.com REbate Structure and Cost Reduction 2018 Assortment =
- Liora Manne/Trans Ocean

=20

Charley

=20

Per our discussion see attached all three Traget Rebate Proposals

1- Original rebate proposed from Emily 12-30-17

2- Proposed rebate from To on 2-2-18

3- Proposed rebate from Emily on 3-20-18

=20

=20

=20

Jim Ellis

Trans Ocean Import Midwest Manager

Tel:  937 885-0092

Cell: 937 304-7108

In a message dated 1/2/2018 3:39:50 PM Eastern Standard Time, =
elliscore@aol.com <mailto:elliscore@aol.com>  writes:=20

=20

In a message dated 12/29/2017 11:42:36 AM Eastern Standard Time, =
Emily.Wilmoth@target.com <mailto:Emily.Wilmoth@target.com>  writes:=20

=20

Hi Jim,

=20

Ahead of Las Vegas market next month, I wanted to share expectations for =
the Target.com rugs business.  As our team begins assortment planning =
for 2018, profitability will take a front seat in determining assortment =
decisions.=20

=20

Target is making major investments to drive the business forward.  In an =
effort to remain competitive as we modernize our business, we are =
enforcing the below business standards:

=20

*  Item Costs

*  In order to be considered for the 2018 assortment process it is =
imperative that item costs are reduced by 15%.  Given the competitive =
landscape, any vendors that are unable to meet this request will not be =
considered for the assortment.

*  Growth Rebates

*  Target will be implementing a volume rebate that will allow Target =
and our vendors to share in the profitable growth of the DVS rugs =
business

*  The structure of this rebate program is outlined in the attachment

*  Existing VI agreements will be simplified and streamlined:

*  VI allowance:  Updated to a calculation =E2=80=9Callowance % of =
sales=E2=80=9D

=20

If you have questions on these expectations I have time available on Jan =
19th between 9am and 12pm CST.  You can reach out to schedule time =
during that window if needed.=20

=20

Thanks,

=20

Emily Wilmoth | Director| Dec Home | *Target |  1000 Nicollet Mall =
|Minneapolis, MN 55403 |612.696.7912 (ph)

=20


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</o:shapelayout></xml><![endif]--></head><body lang=3DEN-US link=3Dblue =
vlink=3Dpurple><div class=3DWordSection1><p =
class=3DMsoNormal>Let=E2=80=99s discuss but one possibility is taking =
her original deal but capping it at 5%,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif'>Charles =
Peck</span><span style=3D'font-size:12.0pt'><o:p></o:p></span></p><p =
class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif'>President</span=
><o:p></o:p></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif'>Trans-Ocean =
Imports</span><o:p></o:p></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif'>10 Midland =
Avenue|Suite M00|Port Chester, NY 10573</span><o:p></o:p></p><p =
class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif'>914.949.5656&nb=
sp;x105 | 914.937.3140 fax |914.384.1190&nbsp;mobile =
</span><o:p></o:p></p><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><a =
href=3D"mailto:Charley@transocean.com" =
title=3D"blocked::mailto:Charley@transocean.com">Charley@transocean.com</=
a></span><o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><b>From:</b> elliscore@aol.com =
&lt;elliscore@aol.com&gt; <br><b>Sent:</b> Monday, March 26, 2018 6:03 =
AM<br><b>To:</b> charley@transocean.com<br><b>Cc:</b> =
stephen@transocean.com<br><b>Subject:</b> Target.com REbate Structure =
and Cost Reduction 2018 Assortment - Liora Manne/Trans =
Ocean<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div><div><p =
class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black;back=
ground:white'>Charley</span><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p>&nbsp;</o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black;back=
ground:white'>Per our discussion see attached all three Traget Rebate =
Proposals</span><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black;back=
ground:white'>1- Original rebate proposed from Emily =
12-30-17</span><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black;back=
ground:white'>2- Proposed rebate from To on 2-2-18</span><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black;back=
ground:white'>3- Proposed rebate from Emily on 3-20-18</span><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p></o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p>&nbsp;</o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p>&nbsp;</o:p></span></p></div><div><p class=3DMsoNormal><span =
style=3D'font-size:10.0pt;font-family:"Arial",sans-serif;color:black'><o:=
p>&nbsp;</o:p></span></p></div></div><div><div><p class=3DMsoNormal>Jim =
Ellis<o:p></o:p></p></div><div><p class=3DMsoNormal>Trans Ocean Import =
Midwest Manager<o:p></o:p></p></div><div><p class=3DMsoNormal>Tel: =
&nbsp;937 885-0092<o:p></o:p></p></div><div><p class=3DMsoNormal>Cell: =
937 304-7108<o:p></o:p></p></div></div><p class=3DMsoNormal>In a message =
dated 1/2/2018 3:39:50 PM Eastern Standard Time, <a =
href=3D"mailto:elliscore@aol.com">elliscore@aol.com</a> writes: =
<o:p></o:p></p><div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p></div><div><blockquote =
style=3D'border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in =
4.0pt;margin-left:3.75pt;margin-top:5.0pt;margin-bottom:5.0pt'><p =
class=3DMsoNormal><span =
style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:black'>In =
a message dated 12/29/2017 11:42:36 AM Eastern Standard Time, <a =
href=3D"mailto:Emily.Wilmoth@target.com" =
target=3D"_blank">Emily.Wilmoth@target.com</a> writes:</span> =
<o:p></o:p></p><div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p></div><div><blockquote =
style=3D'border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in =
4.0pt;margin-left:3.75pt;margin-top:5.0pt;margin-bottom:5.0pt'><p =
class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Hi =
Jim,<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Ahead of =
Las Vegas market next month, I wanted to share expectations for the =
Target.com rugs business.&nbsp; As our team begins assortment planning =
for 2018, <strong><span =
style=3D'font-family:"Calibri",sans-serif'>profitability will take a =
front seat in determining assortment decisions. =
</span></strong><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Target is =
making major investments to drive the business forward.&nbsp; =
<strong><span style=3D'font-family:"Calibri",sans-serif'>In an effort to =
remain competitive as we modernize our business, we are enforcing the =
below business standards:</span></strong><o:p></o:p></p><p =
class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.=
5in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>Item Costs<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:1=
.0in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>In order to be considered for the 2018 assortment process it is =
imperative that item costs are reduced by <strong><span =
style=3D'font-family:"Calibri",sans-serif'>15%.&nbsp; =
</span></strong>Given the competitive landscape, any vendors that are =
unable to meet this request will not be considered for the =
assortment.<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.=
5in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>Growth Rebates<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:1=
.0in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>Target will be implementing a volume rebate that will allow =
Target and our vendors to share in the profitable growth of the DVS rugs =
business<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:1=
.0in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>The structure of this rebate program is outlined in the =
attachment<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.=
5in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>Existing VI agreements will be simplified and =
streamlined:<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:1=
.0in;text-indent:-.25in'><span =
style=3D'font-family:Wingdings'>v</span><span =
style=3D'font-size:7.0pt;font-family:"Times New Roman",serif'>&nbsp; =
</span>VI allowance:&nbsp; Updated to a calculation =E2=80=9Callowance % =
of sales=E2=80=9D<o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>If you have =
questions on these expectations I have time available on Jan =
19<sup>th</sup> between 9am and 12pm CST.&nbsp; You can reach out to =
schedule time during that window if needed.&nbsp;<o:p></o:p></p><p =
class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>Thanks,<o:p>=
</o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>&nbsp;<o:p><=
/o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><strong><spa=
n =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:gray'>Emil=
y Wilmoth </span></strong><span =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:gray'>| =
Director</span><span =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:#999999'>|=
 Dec Home </span><span =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:gray'>|</s=
pan> <span =
style=3D'font-size:9.0pt;font-family:Wingdings;color:red'>=C2=A4</span><s=
pan =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:#999999'>T=
</span><span =
style=3D'font-size:7.5pt;font-family:"Tahoma",sans-serif;color:gray'>arge=
t |&nbsp; 1000 Nicollet Mall |Minneapolis, MN 55403 |612.696.7912 =
(ph)</span><o:p></o:p></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><o:p>&nbsp;<=
/o:p></p></blockquote></div></blockquote></div></div></div></body></html>
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