Not long after Phil Marineau took the CEO post at Levi Strauss & Co. in 1999, Wal-Mart called to inquire about getting fitted with the Red Tab line of jeans, which includes icon styles such as the 501. But Marineau turned Wal-Mart down. Nevertheless, Levi Strauss, reeling from declining sales, undertook an extensive consumer-research effort. It discovered a consumer segment that would like to buy an average of 2.5 pairs of pants per year at discount stores, but did not buy that many because they could not find them. That was when Levi's realized it would make sense to develop a signature brand for the discount market. Levi's held talks with Wal-Mart, as well as rivals Target, Kmart and Costco. But it was Wal-Mart's ability to build brands that sealed the deal. At one point, Levi Strauss showed clothing prototypes, and Wal-Mart executives made suggestions on colors and fit, such as making the lines on plaid tops thinner, and adding a medium size with a long length. The Signature brand, launched with men's, women's, children's tops, bottoms and denim jackets, was launched with no traditional media, except mentions in Wal-Mart's newspaper ad supplements. Overall, Levi's sales have fallen for six consecutive years, dropping from a $7.1 billion peak in 1996 to $4.14 billion in 2002.