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Date: Mon, 26 Mar 2018 08:16:26 -0400
From: elliscore@aol.com
To: stephen@transocean.com, charley@transocean.com
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In-Reply-To: <00f701d3c4f7$aa528fa0$fef7aee0$@transocean.com>
Subject: Re: Target.com REbate Structure and Cost Reduction 2018 Assortment
 - Liora Manne/Trans Ocean
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 Content preview:  What about taking Emily's counter and capping it at 10%?  
    Same as Strephen's hybrid once you get to 50% increase   Jim Ellis Trans
    Ocean Import Midwest Manager Tel:  937 885-0092 Cell: 937 304-7108 In a
   message dated 3/26/2018 7:43:40 AM Eastern Standard Time,   Here is it all
    laid out on one page – Her original (back to dollar one) Our plan – on
    growth Her counter – on growth What middle ground/average would look like
    – on growth. 5% plan noted below – back to dollar one. Increasing our
    original to 10% cap on growth.         From: Charles Peck Sent: Monday,
    March 26, 2018 7:12 AM To: RE: Target.com REbate Structure and Cost Reduction
    2018 Assortment - Liora Manne/Trans Ocean   Let’s discuss but one possibility
    is taking her original deal but capping it at 5%,     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 Charley@transocean.com   From:elliscore@aol.com
    Sent: Monday, March 26, 2018 6:03 AM To: Target.com REbate Structure and
   Cost Reduction 2018 Assortment - Liora Manne/Trans Ocean   Charley   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       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,   In a message dated 12/29/2017
    11:42:36 AM Eastern Standard Time,   Hi Jim,   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. [...] 
 
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------=_Part_72615_675911501.1522066585649
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What about taking Emily's counter and capping it at 10%?
=C2=A0
Same as Strephen's hybrid once you get to 50% increase
=C2=A0
Jim Ellis
Trans Ocean Import Midwest Manager
Tel: =C2=A0937 885-0092
Cell: 937 304-7108
In a message dated 3/26/2018 7:43:40 AM Eastern Standard Time, stephen@tran=
socean.com writes:
=C2=A0
Here is it all laid out on one page =E2=80=93
Her original (back to dollar one)
Our plan =E2=80=93 on growth
Her counter =E2=80=93 on growth
What middle ground/average would look like =E2=80=93 on growth.
5% plan noted below =E2=80=93 back to dollar one.
Increasing our original to 10% cap on growth.
=C2=A0
=C2=A0
=C2=A0
=C2=A0
From: Charles Peck <charley@transocean.com>=20
Sent: Monday, March 26, 2018 7:12 AM
To:elliscore@aol.com
Cc:stephen@transocean.com
Subject: RE: Target.com REbate Structure and Cost Reduction 2018 Assortment=
 - Liora Manne/Trans Ocean
=C2=A0
Let=E2=80=99s discuss but one possibility is taking her original deal but c=
apping it at 5%,
=C2=A0
=C2=A0
Charles Peck
President
Trans-Ocean Imports
10 Midland Avenue|Suite M00|Port Chester, NY 10573
914.949.5656=C2=A0x105 | 914.937.3140 fax |914.384.1190=C2=A0mobile=20
Charley@transocean.com
=C2=A0
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 - L=
iora Manne/Trans Ocean
=C2=A0
Charley
=C2=A0
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
=C2=A0
=C2=A0
=C2=A0
Jim Ellis
Trans Ocean Import Midwest Manager
Tel: =C2=A0937 885-0092
Cell: 937 304-7108
In a message dated 1/2/2018 3:39:50 PM Eastern Standard Time, elliscore@aol=
.com writes:
=C2=A0
In a message dated 12/29/2017 11:42:36 AM Eastern Standard Time, Emily.Wilm=
oth@target.com writes:
=C2=A0
Hi Jim,
=C2=A0
Ahead of Las Vegas market next month, I wanted to share expectations for th=
e Target.com rugs business.=C2=A0 As our team begins assortment planning fo=
r 2018, profitability will take a front seat in determining assortment deci=
sions.=20
=C2=A0
Target is making major investments to drive the business forward.=C2=A0 In =
an effort to remain competitive as we modernize our business, we are enforc=
ing the below business standards:
=C2=A0
v=C2=A0 Item Costs
v=C2=A0 In order to be considered for the 2018 assortment process it is imp=
erative that item costs are reduced by 15%.=C2=A0 Given the competitive lan=
dscape, any vendors that are unable to meet this request will not be consid=
ered for the assortment.
v=C2=A0 Growth Rebates
v=C2=A0 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
v=C2=A0 The structure of this rebate program is outlined in the attachment
v=C2=A0 Existing VI agreements will be simplified and streamlined:
v=C2=A0 VI allowance:=C2=A0 Updated to a calculation =E2=80=9Callowance % o=
f sales=E2=80=9D
=C2=A0
If you have questions on these expectations I have time available on Jan 19=
th between 9am and 12pm CST.=C2=A0 You can reach out to schedule time durin=
g that window if needed.=C2=A0
=C2=A0
Thanks,
=C2=A0
Emily Wilmoth | Director| Dec Home |=C2=A4Target |=C2=A0 1000 Nicollet Mall=
 |Minneapolis, MN 55403 |612.696.7912 (ph)
=C2=A0
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Content-Type: text/html; charset=utf-8
Content-Transfer-Encoding: 7bit

<div class="userEdit" style="font-family: arial, helvetica, sans-serif; font-size: 10pt; color: #000000;">
<div>What about taking Emily's counter and capping it at 10%?</div>
<div><br></div>
<div>Same as Strephen's hybrid once you get to 50% increase</div>
<div><span style="font-family: arial, helvetica, sans-serif; font-size: 10pt; color: #000000; background-color: #ffffff;"><br></span></div>
</div>
<div class="aoldesktop_signature">
<div>Jim Ellis</div>
<div>Trans Ocean Import Midwest Manager</div>
<div>Tel: &nbsp;937 885-0092</div>
<div>Cell: 937 304-7108</div>
</div>
<div>In a message dated 3/26/2018 7:43:40 AM Eastern Standard Time, stephen@transocean.com writes:</div>
<div><br></div>
<div class="quotedReply">
<blockquote style="padding-left: 5px; margin-left: 5px; border-left: blue 2px solid;">
<p class="MsoNormal">Here is it all laid out on one page &ndash;</p>
<p class="MsoNormal">Her original (back to dollar one)</p>
<p class="MsoNormal">Our plan &ndash; on growth</p>
<p class="MsoNormal">Her counter &ndash; on growth</p>
<p class="MsoNormal">What middle ground/average would look like &ndash; on growth.</p>
<p class="MsoNormal">5% plan noted below &ndash; back to dollar one.</p>
<p class="MsoNormal">Increasing our original to 10% cap on growth.</p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal">&nbsp;</p>
<div>
<div style="border: none; border-top: solid #E1E1E1 1.0pt; padding: 3.0pt 0in 0in 0in;">
<p class="MsoNormal"><strong>From:</strong> Charles Peck &lt;<a href="mailto:charley@transocean.com">charley@transocean.com</a>&gt; <br /><strong>Sent:</strong> Monday, March 26, 2018 7:12 AM<br /><strong>To:</strong> <a href="mailto:elliscore@aol.com">elliscore@aol.com</a><br /><strong>Cc:</strong> <a href="mailto:stephen@transocean.com">stephen@transocean.com</a><br /><strong>Subject:</strong> RE: Target.com REbate Structure and Cost Reduction 2018 Assortment - Liora Manne/Trans Ocean</p>
</div>
</div>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal">Let&rsquo;s discuss but one possibility is taking her original deal but capping it at 5%,</p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">Charles Peck</span></p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">President</span></p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">Trans-Ocean Imports</span></p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">10 Midland Avenue|Suite M00|Port Chester, NY 10573</span></p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">914.949.5656&nbsp;x105 | 914.937.3140 fax |914.384.1190&nbsp;mobile </span></p>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black;"><a title="blocked::mailto:Charley@transocean.com" href="mailto:Charley@transocean.com" target="_blank" rel="noopener noreferrer">Charley@transocean.com</a></span></p>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal"><strong>From:</strong> <a href="mailto:elliscore@aol.com" target="_blank" rel="noopener noreferrer">elliscore@aol.com</a> &lt;<a href="mailto:elliscore@aol.com" target="_blank" rel="noopener noreferrer">elliscore@aol.com</a>&gt; <br /><strong>Sent:</strong> Monday, March 26, 2018 6:03 AM<br /><strong>To:</strong> <a href="mailto:charley@transocean.com" target="_blank" rel="noopener noreferrer">charley@transocean.com</a><br /><strong>Cc:</strong> <a href="mailto:stephen@transocean.com" target="_blank" rel="noopener noreferrer">stephen@transocean.com</a><br /><strong>Subject:</strong> Target.com REbate Structure and Cost Reduction 2018 Assortment - Liora Manne/Trans Ocean</p>
<p class="MsoNormal">&nbsp;</p>
<div>
<div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Charley</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black;"><br></span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Per our discussion see attached all three Traget Rebate Proposals</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">1- Original rebate proposed from Emily 12-30-17</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">2- Proposed rebate from To on 2-2-18</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">3- Proposed rebate from Emily on 3-20-18</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black;"><br></span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black;"><br></span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; color: black;"><br></span></p>
</div>
</div>
<div>
<div>
<p class="MsoNormal">Jim Ellis</p>
</div>
<div>
<p class="MsoNormal">Trans Ocean Import Midwest Manager</p>
</div>
<div>
<p class="MsoNormal">Tel: &nbsp;937 885-0092</p>
</div>
<div>
<p class="MsoNormal">Cell: 937 304-7108</p>
</div>
</div>
<p class="MsoNormal">In a message dated 1/2/2018 3:39:50 PM Eastern Standard Time, <a href="mailto:elliscore@aol.com" target="_blank" rel="noopener noreferrer">elliscore@aol.com</a> writes:</p>
<div>
<p class="MsoNormal"><br></p>
</div>
<div>
<blockquote style="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="MsoNormal"><span style="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="mailto:Emily.Wilmoth@target.com" target="_blank" rel="noopener noreferrer">Emily.Wilmoth@target.com</a> writes:</span></p>
<div>
<p class="MsoNormal"><br></p>
</div>
<div>
<blockquote style="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="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">Hi Jim,</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="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="font-family: 'Calibri',sans-serif;">profitability will take a front seat in determining assortment decisions. </span></strong></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">Target is making major investments to drive the business forward.&nbsp; <strong><span style="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></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: .5in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="font-size: 7.0pt; font-family: 'Times New Roman',serif;">&nbsp; </span>Item Costs</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: 1.0in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="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="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.</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: .5in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="font-size: 7.0pt; font-family: 'Times New Roman',serif;">&nbsp; </span>Growth Rebates</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: 1.0in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="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</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: 1.0in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="font-size: 7.0pt; font-family: 'Times New Roman',serif;">&nbsp; </span>The structure of this rebate program is outlined in the attachment</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: .5in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="font-size: 7.0pt; font-family: 'Times New Roman',serif;">&nbsp; </span>Existing VI agreements will be simplified and streamlined:</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; margin-left: 1.0in; text-indent: -.25in;"><span style="font-family: Wingdings;">v</span><span style="font-size: 7.0pt; font-family: 'Times New Roman',serif;">&nbsp; </span>VI allowance:&nbsp; Updated to a calculation &ldquo;allowance % of sales&rdquo;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="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;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">Thanks,</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;">&nbsp;</p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><strong><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: gray;">Emily Wilmoth </span></strong><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: gray;">| Director</span><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: #999999;">| Dec Home </span><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: gray;">|</span> <span style="font-size: 9.0pt; font-family: Wingdings; color: red;">&curren;</span><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: #999999;">T</span><span style="font-size: 7.5pt; font-family: 'Tahoma',sans-serif; color: gray;">arget |&nbsp; 1000 Nicollet Mall |Minneapolis, MN 55403 |612.696.7912 (ph)</span></p>
<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;"><br></p>
</blockquote>
</div>
</blockquote>
</div>
</div>
</blockquote>
</div>
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