January 22, 2002




Neiman Marcus chairman emeritus Stanley Marcus dies

Stanley Marcus, chairman emeritus of upscale cataloger/retailer Neiman Marcus, died on Jan. 22. He was 96.
In 1926, at the age of 21, Marcus took over as secretary/treasurer/director of Neiman Marcus, which his father, aunt, and uncle had founded in 1907. It …

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January 21, 2002




Coldwater Creek warehouse closing, layoffs could save $3 million

Women’s apparel cataloger/retailer Coldwater Creek, which last week said it would eliminate some 150 jobs at its Sandpoint, ID, fulfillment center, expects to save up to $3 million in freight costs by closing the center down, according to a report …

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January 18, 2002




Survey shows DM hiring freezes and cutbacks

Owatonna, MN—There’s bad news and not so bad news in a new study on employment in the direct marketing industry. According to the winter 2002 survey of 228 direct marketers taken during the week of Jan. 14 by Bernhart Associates ExecutiveSearch, …

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January 18, 2002




PRC gets rate case settlement agreement; eyes March decision

(Direct Newsline)The Postal Rate Commission is expected to decide by mid-March whether it will accept the rate case settlement agreement negotiated between the U.S. Postal Service and mailers. Last Thursday, the USPS formally petitioned the PRC to consider …

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In Lists & Data - Buisness, Lists & Data - Business-14-05-2013

January 17, 2002




Hanover hires new CFO

On Jan. 17, Hanover Direct named Edward Lambert executive vice president/chief financial officer. He succeeds Brian Harriss, who resigned. The changeover takes effect Jan. 28. During the next year Harriss plans to continue with Hanover in an advisory role, focusing on …

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January 17, 2002




Lands’ End nets 29% holiday gain

Santa–and consumers–were good to general merchandise giant Lands’ End (NYSE: LE) during the holidays. Total revenue for the nine weeks ended Dec. 28 was $462.6 million, up 8% from $427.1 million for holiday 2000. Admittedly, holiday 2000 was only eight weeks, but even on a comparable …

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January 16, 2002




Movers and shakers

Downers Grove, IL-based general merchant The Spiegel Group promoted Mark Staudinger from vice president of direct media to vice president of marketing. The company also named Paul Keur vice president of sourcing and production; he previously served as managing director …

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January 16, 2002




At the NRF Annual Convention: catalogers tops in online service

New York—Four of the top five marketers with the best online customer service are catalogers, according to a study by Customer Growth Partners. The New Canaan, CT-based consultancy announced its Internet service stars at the NRF Annual Convention here …

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January 16, 2002




Financial reports: MSC, Sportsman’s Guide, RedEnvelope

Quarterly Sales, Earnings Drop at MSC
Citing economic conditions and softness in the manufacturing sector, maintenance, repair, and operations supplies cataloger MSC Industrial Direct Co. (NYSE: MSM) posted decline on both sides of its corporate ledger. For the three months …

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January 16, 2002




Elle.com partners with Saks

b>Elle.com, the companion Website of women’s fashion magazine “Elle,” has partnered with Saks Fifth Avenue Enterprises to launch Elle Shop as part of its redesign. Previously a content-only site, Elle.com now enables visitors to buy items …

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