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Federated Reports Fourth-Quarter Loss
Federated Departments Stores Inc. reported a fourth-quarter net loss of $477 million, compared with net income of $332 million for the same period last year. The quarter ended Feb. 2.
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FTC Seeks Redress Against Alleged Canadian Tele-Fraud
The Federal Trade Commission has asked a federal court to order redress for consumers who it says were defrauded by a Canadian telemarketing operation.
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USPS Reports $2.5 million Loss for First Five Months Of FY 2002
The U.S. Postal Service said in a financial report released this morning that it was $2.5 million in the red as of Jan. 28, when the fifth of its 13 accounting periods ended. The report also said that mail volume between September and January dipped to 79.8 billion pieces, down 5% from last year’s volume of 83.9 billion pieces.
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CRM Roundtable: Contact Channels Need to Work in Concert
Consumer comfort with e-mail as a marketing channel is growing, but that doesn’t mean marketers should turn away completely from traditional media. Online
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Consumers Raise Doubts About Personal Data Practices
Nearly four out of five consumers believe they have lost control over how personal information is collected and used by companies, according to a new
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Traffix Says Revenue, Operating Income Will Grow in 2002
Traffix, Inc., a permission-based e-mail service provider, projected that revenue for fiscal 2002 would be between $49 and $53 million, compared with
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DMA: Postal Commission Proposal a Delaying Tactic
The Direct Marketing Association has voiced its opposition to a congressional proposal to create a commission to study the mission and operations of the
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Geerlings & Wade Posts Sales Decline and Loss
Geerlings & Wade customers, who cut back on their wine consumption after Sept. 11, apparently started imbibing again in December. But that was not enough
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Government Investigates Health Concerns of Irradiated Mail
A Congressional regulatory body has opened an investigation into irradiated mail after Capitol Hill employees complained about health problems.
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Live From MTAC: Merlin delayed
— The U.S. Postal Service will delay for 30 days the use of test result data