Hanover narrows loss

Multititle cataloger Hanover Direct (AMEX: HNV), whose titles include plus-size title Silhouettes, home products title Improvements, and linens book Domestications reported a net loss of $4.2 million for the quarter ended Sept. 28. But that’s an improvement on last year’s third-quarter net loss of $6.8 million. Net revenues for the Edgewater, NJ-based cataloger decreased 10%, to $106.0 million, from $117.4 million last year. Hanover attributes the revenue shortfall to reductions in unprofitable circulation and softness in demand primarily related to certain brands.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.