Blair Blames Crossing Pointe Closure for Lower Sales

Blair Corp. reported net income of $650,000 for the first quarter, up from $571,000 last year.

The cataloger reported net sales of $107.6 million for the quarter ended March 31, down from $128.6 million last year.

The Warren, PA firm attributed these results to the closing of its Crossing Pointe catalog, reduced prospecting and “softness in response rates.”