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FAO May Be Delisted by Nasdaq
FAO Inc. has been informed by Nasdaq that it is subject to delisting as a result of its recent bankruptcy filing. FAO Inc., the parent of toy retail and
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DM Hiring Outlook Unchanged: Survey
Direct marketers are expecting to make little change in their hiring plans this quarter, according to a survey from by Bernhart Associates Executive Search, Owatonna, MN.
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DM Hiring Outlook Unchanged: Survey
Direct marketers are expecting to make little change in their hiring plans this quarter, according to a survey from by Bernhart Associates Executive Search, Owatonna, MN.
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J. Crew Reports December Sales Increase
Cataloger J. Crew Group Inc. reported a 5.9% increase for the five week period that ended on Jan. 5. Sales totaled $132 million, compared with $124.6
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OOPS, BRITNEY’S LAWYERS DO IT AGAIN
Former pop queen Britney Spears could be souring on the promotions world. Late last month, Spears filed a $1.5 million lawsuit against Manhattan Beach,
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Chiasso Files for Bankruptcy Protection
(Catalog Age)–Home accessories cataloger and retailer Chiasso filed for federal bankruptcy protection on Jan. 7. Ten of the company’s 14 stores will
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Postal Commission Holds Its First Meeting
The Presidential Commission studying the U.S. Postal Service agreed in its first meeting yesterday to create committees to explore postal business models,
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USPS Reports $1 Billion Income in Quarter
The U.S. Postal Service reported net income of $1 billion for its first quarter, up from a net loss of $1.35 billion last year. Postal Service’s revenue
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Brookstone Direct Sales Lead Revenue Gains
Brookstone, Inc. reported holiday direct to customer sales of $25.9 million, up 8.6% despite a planned reduction in circulation. Same-store retail sales
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USPS Feeder Fix Valued At $74 Million
The U. S. Postal Service will spend $74 million to modify 537 Automated Flats Sorting Machines (AFSM)100s, according to Northrop Grumman spokesperson