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Blair Launches Credit Subsidiary

Blair Corp., an apparel cataloger with annual sales of more than $560 million, has created a subsidiary to manage its Easy Payment credit plan. JLB Service Bank will "help streamline the cost of the company's credit program and enhance shareholder value," said Blair CFO Bryan J. Flanagan in a statement. Flanagan added that Blair's unsecured payment program is "a core proficiency" of the company.

Blair Corp., an apparel cataloger with annual sales of more than $560 million, has created a subsidiary to manage its Easy Payment credit plan.

JLB Service Bank will "help streamline the cost of the company's credit program and enhance shareholder value," said Blair CFO Bryan J. Flanagan in a statement.

Flanagan added that Blair's unsecured payment program is "a core proficiency" of the company.

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