High-End Stores definition

High-End Stores means only the first class department stores, first class retail stores and first class boutiques that (i) carry products substantially similar to the Licensed Articles that are sold by or on behalf of other prestige luxury brands and (ii) are approved by VEW in advance in writing. By way of illustration only, and without limitation, High-End Stores may include Federated Department Stores, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Dayton and ▇▇▇▇▇▇, Bed, Bath & Beyond, Saks Fifth Avenue, Neiman Marcus and Fortunoff. Syratech shall submit a list of proposed High-End Stores to VEW by August 30th of each Contract Year during the Term commencing with Year One and VEW shall approve or disapprove such list of proposed High-End Stores by September 30th of such Contract Year. High-End Stores do not include discounters or mass distributors that sell consumer products (which may, from time to time, include prestige luxury consumer goods) at prices below their suggested retail prices in the regular course of business. By way of illustration only, existing discounters and/or mass distributors currently include, without limitation, Target, K-Mart, ▇▇▇▇▇, ▇.▇. ▇▇▇▇▇▇, Costco and Wal-Mart.
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Examples of High-End Stores in a sentence

  • For the avoidance of doubt, other than with respect to the distribution and sale of Closeout Licensed Property to Closeout Customers, Syratech shall not, and shall have no right to, engage in any distribution or sales of the Licensed Property to consumers other than to High-End Stores.

  • Syratech shall cause the High-End Stores to produce and disseminate to the general public a reasonable amount of cooperative advertising, marketing and/or promotion of the Licensed Property in exchange for receiving a portion of the Coop Ad Spend.

  • The Coop Ad Spend shall be payable directly by Syratech to High-End Stores that distribute or sell the Licensed Property to the general public.

Related to High-End Stores

  • Grocery store means any retail establishment, the business of which consists of the sale of food, food products, or beverages for consumption off the premises.

  • Retail marijuana store means an entity licensed to purchase marijuana from marijuana cultivation facilities and marijuana and marijuana products from marijuana product manufacturing facilities and to sell marijuana and marijuana products to consumers.

  • Retail food store means that term as defined in 7 USC 2012.

  • Retail tobacco store means a retail store utilized primarily for the sale of tobacco products and accessories and in which the sale of other products is merely incidental.

  • Distribution center means a building or structure used primarily for the storage of goods which are intended for subsequent shipment to retail outlets. Distribution center does not mean a building or structure used primarily to store raw agricultural products, used primarily by a manufacturer to store goods to be used in the manufacturing process, used primarily for the storage of petroleum products, or used for the retail sale of goods.