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Insignia Reduces Work Force
In-store marketing company Insignia Systems, Inc. cut its work force Friday by 21, or 17%, in a move to preserve its competitive position. The company
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USPS Reports $300 Million Income, Renews Rate Pledge
The U.S. Postal Service reported net income of $3.9 billion for the year ended Sept. 30, exceeding its financial plan for fiscal year 2003 by $300 million,
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J. Crew’s Direct Sales in Planned Decline
J. Crew Group Inc. reported a 47% decline in its direct sales, blaming it mostly on planned reduction in catalog page counts and elimination of several
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November Sales No Turkey for Many Companies
Sales were up for many firms reporting November results this week. The Spiegel Group was a notable exception, showing declines in overall, catalog and
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PepsiCo Restructures Again, Cuts 750 Jobs
PepsiCo, Inc. will reorganize its North American soft drink business in a cost-cutting move that will cut 750 jobs and close a Frito-Lay plant in Kentucky.
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Mailers Support Some GAO Stands on CSRS Law
ndustry groups supported a General Accounting Office position recommending Congress repeal part of a new law affecting the U.S. Postal Service. The part
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THE Idea Makers
THROUGHOUT THE YEAR, the editors of PROMO get to see an amazing range of work from brand executives, promotion agencies and other marketers. In this issue
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Past the pedestal
So Conan O’Brien, Johnny Knoxville and Hugh Hefner walk into a barand every young guy in the place stops staring at the Coors Twins and comes over to