Financial Reports: Tiffany, Gaiam
Despite sales and income gains, cataloger/retailer Tiffany fell short of goals, while manufacturer/marketer Gaiam posted a wider loss for the year ...
Financial Reports: Penney, Staples
Cataloger/retailers J.C. Penney and Staples both closed out fiscal 2004 with boosts in income and revenue....
Brown-Forman to Explore" Strategic Alternatives" for Lenox
Louisville, KY-based Brown-Forman Corp. says its exploring "strategic alternatives," including a sale, for its Lenox subsidiary. ...
Spiegel Inc. Announces Reorg Plan
On Feb. 18, Downers Grove, IL-based Spiegel Inc. announced its restructuring plan for its remaining division, apparel and home goods cataloger/retailer Eddie Bauer. Among the changes: The parent company will be renamed Eddie Bauer Holdings ...
Investment Firm Buys Portion of Bachrach
An affiliate of Boca Raton, FL-based private investment firm Sun Capital Partners has acquired a sizable percentage of men’s apparel cataloger/retailer Bachrach Clothing....
Financial Reports: PC Mall, Cabela's
Annual income falls 66% at computer reseller PC Mall but rises 27% at outdoor sporting gear merchant Cabela's...
Collegiate Pacific Buys Another Distributor
Dallas-based sports equipment marketer Collegiate Pacific has signed a letter of intent to acquire $7 million Bourbonnais, IL-based team sports distributor Salkeld Sports. ...
Hanover Direct Sells Gump's
Edgewater, NJ-based multititle mailer Hanover Direct has agreed to sell its upscale Gump's division to a consortium of three firms: San Francisco-based venture-capital firm WaldenVC, Beverly Hills, CA-based Stone Canyon Venture Partners, and New York-based private-investment firm Sand Springs Holdings. ...
Financial Reports: Dell, Blair, Sharper Image
Dell's record quarter nonetheless disappoints, Blair boosts income despite sales decline, and Sharper Image warns of tough times ahead...
Live from Catalog on the Road: Time to Make a Deal?
If you're looking to sell your multichannel marketing business, you may be in luck. According to Michael Petsky, CEO of New York-based investment bank Petsky-Prunier, dozens of private equity groups are actively seeking to acquire multichannel merchants. "Strategic buyers are becoming more aggressive," he said. ...
Financial Reports: Office Depot, Collegiate Pacific
Office Depot reports "sluggish" catalog sales; Collegiate Pacific ends the quarter in the black....
Financial Reports: Guitar Center, School Specialty, Aramark
Guitar Center ended the year on an up note, School Specialty grew sales and announced a new brand, and Aramark's direct division had a tough quarter. ...
Specialty Catalog Sold to Equity Firm
Brockton, MA-based Specialty Catalog Corp., whose titles include wig catalogs Paula Young and Especially Yours, has been sold to Toronto-based private equity firm EdgeStone Capital Partners. Terms of the deal were not released. New York–based investment bank Goldsmith Agio Helms represented Specialty Catalog Corp. in the sale. ...
January Sales Roundup
Most of publicly traded merchants tracked by CATALOG AGE began the new year on solid footing sales-wise....
Not for the Big Guys Only
Much of the notable acquisition activity in the direct marketing industry in recent years has involved the larger players. Last year alone saw conglomerate...
Holiday sales roundup: Good, not great
While holiday 2004 sales were adequate for most of the merchants contacted by Catalog Age, overall results hardly suggest that a robust economic recovery...
Financial update: Sales surge in the third quarter
The third quarter of 2004 was strong for most of the publicly traded consumer merchants tracked by CATALOG AGE. All but two of the 15 companies, or 87%,...
Henry Schein Stock Split
The board of directors at medical, dental, and veterinary supplier Henry Schein have authorized a 2-for-1 stock split. ...
Amex Delists Hanover Direct
On Feb. 2 you can see the groundhog in Punxsutawney, PA, but you might not see Edgewater, NJ-based multititle cataloger Hanover Direct on the American Stock Exchange. ...
Financial Reports: PC Connection, Grainger
Merrimack, NH-based computer cataloger PC Connection (Nasdaq: PCCC) reported a healthy increase in its bottom line. Net income for the year ended Dec. 31 was $8.3 million, up 41%...
Eddie Bauer to Go Back on the Block
Bankrupt Spiegel Inc. plans to officially put its Eddie Bauer division up for sale again as soon as it files its reorganization plan, according to published reports. ...
Financial Reports: CDW, RedEnvelope
Vernon Hills, IL-based computer reseller CDW continues to churn out double-digit growth on the top and bottom line. ...
Eziba Suspends Operations, Goes Up for Sale
North Adams, MA-based global goods cataloger Eziba temporarily suspended operations this week and is now up for sale. The move came several months after a computer error sent tens of thousands of fall catalogs to the wrong addresses, ...
Orion Telescopes Sold to Imaginova
Imaginova Corp., a New York-based marketer of astronomy products and science information, acquired manufacturer/marketer Orion Telescopes & Binoculars on Jan. 13. ...
December Sales Round-up
Holiday 2004 was a mixed bag for the publicly traded cataloger/retailers tracked by CATALOG AGE. ...
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