Spinoffs, new merchandise categories and other strategies Redcats USA is using to capture new customers.

By Paul Miller

“Each time there’s a cataloger for sale,” Faintreny says, “our name will come up, because we’re clearly looking for acquisitions in the U.S. Our group has the cash to do so.”

He says, however, that no formal talks had taken place with either Sears or J. Crew’s majority owner Texas Pacific Group at press time. And Sears later announced it was not looking to unload Lands’ End afterall.