But unlike other premier shopping sites, like Net-a-Porter an Internet version of Bergdorf Goodman or discount flash-sale sites, like Gilt Groupe, Moda Operandi is based primarily on the concept of the trunk show, which allows customers to place advance orders for next season's wardrobe.
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The words sale, discount, percent off, and limited offer lure consumers into a store or complete the online cart shopping process.
New benefits include a subscriber-only hotline, the elimination of exchange fees to allow for a more personalized selection of performances and a guarantee that subscription tickets come at a minimum discount of 15% off single-sale prices for evening subscriptions and 10% off for Saturday matinees.
Reportedly, the stake sale will be at a substantial discount, estimated between 30% to 50%.
The discount will remain at 42% until the sale ends, 11:59PM CST Monday.
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Some of those non-performing loans will be directed into one of the many foreclosure alternatives now available to lenders: from loan modification to short sale to even sale of the loan at a discount to another entity who then can try to get that loan performing again.
The RBS-Blackstone deal was done at a 30% discount to the loans' value, according to DTZ research, and the bank's March sale of troubled Spanish loans to Perella Weinberg Partners sold at a 45% discount.
So it seems like everybody wins: the consumer gets a discount offer, the banks receive a commission on the sale, and the retailer sees an increase in business.
The block was priced at a 2.8% discount to where the stock was trading before news of the sale was announced.
But given the way the stock has traded, buying on the little discount may be a better strategy than waiting for the big sale.
They typically involve the sale of shares in a privately held company at a discount, and a loan plus a gift from the business or its owner to finance the purchase.
Citigroup led the banks that underwrote the sale, but apparently, that didn't include a discount on the naming rights package.
The sale price for the additional shares will be at 10% discount.
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The setup involves an existing trust, a sale of shares in his privately held property at a large discount, and a loan from Mr. Maggi among other things.
Supervalu announced the sale in January, at which time it said that after the sale it would focus on its Save-A-Lot discount stores, as well as its smaller regional chains Cub, Farm Fresh, Shoppers, Shop 'n Save and Hornbacher's.
Following the sale, Supervalu will focus on its Save-A-Lot discount stores, as well as its smaller regional chains Cub, Farm Fresh, Shoppers, Shop 'n Save and Hornbacher's.
Much of what is on sale can be bought at dollar stores, Halloween shops and other discount stores for next to nothing but placed within the Lady Gaga brand and you have instant luxury prices.
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The sale is another in a series of private equity take-overs of discount stores.
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