Chief Marketer Staff
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Agencies
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.
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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 third quarter 2008.
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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.
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Agencies
Royal Mail Strike Goes Ahead
The U.K. Communication Workers Union has begun its three-day strike against Royal Mail.
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Quad/Graphics Buys Stake in Yudu Media
Quad/Graphics, the printing gisnt, has bought a minority share in Yudu Media, a British online marketing services company for an undisclosed sum.
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EBay Net Income Falls
EBay Inc. posted net income of $349.7 million for the third quarter, a decrease from $492.2 million in the prior year.
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Agencies
Select Comfort Income Surges
Select Comfort Corp., a bedding direct marketer and retailer, posted net income of $6.9 million for the third quarter, a surge over net income of $1.million in the prior year.
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MSC Industrial Names Jones EVP
MSC Industrial Direct Co., Inc. has named Douglas Jones executive vice president, global supply chain operations.
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Agencies
7-Eleven Joins Pink Ribbon Efforts
At 7-Eleven stores customers can purchase for $6.99 a pink 16-ounce coffee mug sporting pink-ribbon art