Direct Sales Slide at Neiman
First-quarter direct marketing sales for luxury goods merchant Neiman Marcus Group were $147.3 million, down 7.2% from $158.7 million in the same quarter last year....
Investment Group Takes Over Control of Talbots
Troubled women’s apparel cataloger/retailer The Talbots has received a new lease on its financial life following an intricate transaction....
1-800-Flowers.com Finds Buyer for Gifts/Kid’s Unit
It took more than two years, but multititle mailer 1-800-Flowers.com announced Dec. 7 it is finally selling its home and children’s gifts business. ...
Coldwater Creek's Pence Looks to Recoup Lost Margins
Determined to stem the downward slide of his company and return it to profitability, co-founder/president/CEO Dennis Pence said the merchant will put a new focus on its direct business, including a boost in its catalog circulation. ...
Green Mountain Coffee Roasters Acquires Timothy’s Coffees of the World
Green Mountain paid $157 million in cash for the coffee brand and wholesale operations of, which had been an affiliate of private equity firm Sun Capital Partners....
PC Mall’s Sales Slide 14%
Third-quarter sales for computer reseller PC Mall decreased 14%, to $280.3 million, down from $325.9 million for the same period last year. ...
Sales Fall 17% at Office Depot
Sales for Office Depot fell 17%, to $3 billion, for the third quarter ended Sept. 26. The company reported a net loss of $413 million, compared to net loss of $7 million for the same period in 2008. ...
Revenue, Net Income Down 9% for PC Connection
Third-quarter sales at computers marketer PC Connection decreased 8.7%, to $403.1 million, down from $441.4 million for the same period last year. ...
Study: Consumers Embrace Merchants With a Social Purpose
When it comes to buying brands and making a purchase from a merchant, doing good counts. U.S. consumers are spending with companies and brands which have a social purpose, according to the findings of a study conducted by the public relations firm Edelman....
DMA Board: Change is Coming
After a contentious battle for proxy votes just before its annual board meeting, the DMA has vowed to change. ...
Backroads Acquires Bike Riders
Active lifestyle travel cataloger Backroads has acquired Bike Riders, a similar provider of biking, walking and culinary tours. ...
Movers and Shakers
A roundup of job appointments and promotions in the multichannel marketing industry...
VWR Unit Buys X-treme Geek
To beef up its Science Education portfolio VWR Education has acquired X-treme Geek. ...
MCM Radio: Editor-in-Chief Melissa Dowling on October News
Hear from MCM editor-in-chief Melissa Dowling and senior writer Jim Tierney about highlights from the new issue, what’s coming up in the future, and what we’re hearing in the industry. ...
Service is the Soul of SimplySoles
How do you boost customer loyalty? For online shoes merchant SimplySoles, the key is making the online experience as intimate as possible, says owner/founder Kassie Rempel. ...
Dell to pay $3.9 billion for Perot Systems
In a move to expand beyond PCs and beef up its services business, Dell announced earlier this week it plans to acquire Perot Systems Corp. for $3.9 billion. ...
Survey Says Sales Shift to Online Continues
Online sales continue to grow and certain product categories remain popular among consumers despite a challenging economy, according to Epsilon Targeting’s Annual Multichannel Trend Report....
Coldwater Creek's Pence Back As CEO
Dennis Pence has replaced Daniel Griesemer as president/CEO of women's apparel and accessories seller Coldwater Creek, the company announced today. ...
Talbots Improves Loss in Second Quarter
For the period ended Aug. 1, Talbots reported a net loss of $24.4 million, compared to a net loss of $25.0 million for the second quarter in 2008....
Direct Sales Fall for Neiman Marcus
Fourth-quarter direct marketing sales for luxury goods merchant Neiman Marcus Group, which mails the Neiman Marcus and Horchow apparel and home decor catalogs, fell 22%, to 140.0 million, compared to $170.7 million last year. ...
August Sales Roundup
Recession-weary retailers were dogged by the dog days of August, judging by the months financial results for the companies tracked by Multichannel Merchant....
Lands’ End Expands Business Offering
Lands’ End Business Outfitters is going beyond branded apparel. ...
L.L. Bean Hires Rogues Designer
Apparel, outdoor gear and home goods cataloger L.L. Bean is freshening up its wardrobe. ...
