MidOcean Partners, Allant Management, Buy Allant Group
MidOcean Partners, a private equity firm which focuses on the middle market, has acquired The Allant Group in conjunction with Allant’s management.
Targeting Institutional Names in a Consumer Prospect Universe
Most business-to-consumer direct marketers do their prospect merge/purges at the family level; that is, both the physical location and Surname must be the same for a duplicate situation to exist. This is because the cost-effective strategy for most of them is to send just one piece into a household at a time.
Mail Stream: October 26
Sexy superheroes and other outrageous outfits adorn the pages of the new Frederick
DR Agency Mercury Media Hires Two
Mercury Media, a privately owned direct response media agency, has hired Chris Conderino and Mitchel G. Bader.
Frederick’s of Hollywood Has Weak Quarter, Year
Frederick’s of Hollywood saw its fourth quarter net sales drop 18.1%, from $42.1 million a year ago to $34.5 million. The company’s net loss diminished, however, from $7.2 million a year ago to just over $7 million.
J. Crew Raises Third-, Fourth-Quarter Guidance
J. Crew Group, Inc. has boosted its financial outlook for its current third quarter, which will end Oct. 31, as well as the upcoming fourth quarter.
Kindle Leads Stellar Quarter For Amazon
Amazon.com generated third quarter net sales of $5.45 billion, up 28% from $4.26 billion from third quarter 2008. The online retailer’s operating income jumped 62% to $251 million, compared with $154 million a year ago. Its net income increased 68% to $199 million in the third quarter, compared with net income of $118 million in…
Cash For Clunkers “Mixed Blessing” In Autobytel’s Third Quarter
While automobile dealers received a boost from the “Cash for Clunkers” federal vehicle trade-in program, one major direct marketer’s praise for the effort was decidedly muted. Autobytel, which provides prospect leads to a network of dealers, indicated the total number of dealers taking advantage in its offerings declined during the third quarter.
Royal Mail Strike Goes Ahead
The U.K. Communication Workers Union has begun its three-day strike against Royal Mail.
Royal Mail Strike Goes Ahead
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