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Reader’s Digest Hurt by 9/11 and Anthrax Scare
The Reader’s Digest Association, Inc. reported a 5% dip in second-quarter revenue and a 19% fall in operating profits. The firm said it was “significantly affected” by the aftermath of the Sept. 11 terrorist attacks and anthrax scare.
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NEBS Reports Second-Quarter Sales Decline
Disappointing greeting card sales led to a $9 million drop in revenue for New England Business Service, Inc. (NEBS) during its second quarter.
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Its “Business as Usual” for BlueLight.com, Kmart’s Online Arm
Operations are “business as usual” at BlueLight.com, the online unit of Kmart, according to a spokesperson. The parent company filed for Chapter 11 bankruptcy
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New Products and Services
Responsys Optimize: An e-mail targeting, list generation and reporting tool. Based on results of e-mail campaigns, the product helps direct marketers
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Lands’ End Income and Revenue Rise
Cataloger Lands’ End, Inc. reported net income of $43.6 million results for the nine weeks ended Dec. 28, up 29% from $33.9 million for the eight-week period the year before.
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Anthrax Update: Reports say USPS Increases Reward, Lockheed Creates Detection System
The USPS will increase what it is willing to pay for information on the anthrax mailings of late 2001 to $2 million, according to published reports. The
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FCC Reviewing Telco Opt-Out Rule
The Federal Communications Commission is reviewing its 1999 rule that allows telecommunications companies to share information about their customers with third parties for marketing purposes.
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Letters to the Editor
Re: LOOSE CANNON: WISTFUL RESOLUTIONS FOR 2002 (DIRECT Newsline Jan. 7). Thanks for your Wistful Resolutions. As a membership consultant for environmental
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Postal Service to Ax 20,000 Jobs
The U.S. Postal Service will slash 20,000 jobs this year, it was announced at the Board of Governors monthly meeting held Monday and Tuesday.
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Gateway’s Share Price Drops After Revenue Projections
Shares in Gateway, Inc. fell 25%, from $10.25 to $7.69, after the company said its fourth quarter revenue would be lower than forecast. The Poway, CA-based