January 30, 2004




Financial Reports: Grainger, PC Connection, Zones, Guitar Center

Grainger Grows Profit on Flat Sales

Chicago-based maintenance, repair, and operating supplier W.W. Grainger (NYSE: GWW) reported a 7% increase in annual net earnings. Earnings for the year ended Dec. 31 were $227 million, compared with $212 million for 2002. Annual sales were flat …

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January 30, 2004




Target Shutting Its Print Catalogs

Target Corp.
has pulled the plug on all of its print catalogs: Marshall Field’s Direct and the former Rivertown Trading Co. gift titles, including Signals and ILoveaDeal.com. Target.direct will become an online-only marketer.
According to company spokespeople, …

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January 29, 2004




Blyth Buys Walter Drake

Home decor and home fragrance manufacturer Blyth on Jan. 29 announced it had acquired $80 million low-end housewares cataloger Walter Drake for $53 million. This is Greenwich, CT-based Blyth’s second catalog acquisition in less than a year; it had bought Drake competitor Miles …

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January 28, 2004




BBC America Shop Rules Britannia

The sun has set on the Britannia catalog. Having acquired the catalog from TargetDirect in August, New York-based BBC Worldwide Americas (parent company of BBC Direct) has merged it into its BBC America Shop title. Three weeks ago BBC America …

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

January 28, 2004




Financial Reports: Red Envelope, Amazon.com

RedEnvelope Sales, Income Up Despite Ops Woes

Despite sourcing and fulfillment snafus, San Francisco-based gifts cataloger RedEnvelope (Nasdaq: REDE) managed to post a slight increase in its quarterly net revenue and income.
For the three months ended Dec. 28, sales were $35.9 …

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January 28, 2004




Movers and Shakers

New York-based apparel cataloger/retailer J.Crew Group has hired Tracy Gardner as executive vice president of merchandising, planning, and production. Gardner was previously senior vice president of men’s and women’s merchandising for Gap. J. Crew also announced …

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January 28, 2004




Big Dog Gets Bigger with Walking Co.

Santa Barbara, CA-based apparel cataloger/retailer Big Dog Holdings has agreed to buy $65 million footwear retailer The Walking Co. for more than $15 million in cash, debt, and equity securities.
The Walking Co., which filed for bankruptcy protection last summer, has …

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January 27, 2004




Survey: E-mail Response Times Flagging

Although e-commerce sites have made progress in a number of areas during the past year, they fall short when it comes to responding to customer e-mails, according to a study by The E-tailing Group.
Among the 100 Websites anonymously visited by …

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January 26, 2004




J. Crew Lays Off 30

New York-based apparel cataloger/retailer J. Crew laid off about 30 employees from its distribution center and call center in Lynchburg, VA, according to the Lynchburg “News and Advance.” The company did not return calls to CATALOG AGE by press time.

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January 26, 2004




Financial Reports: NEBS, NBTY

NEBS Up on Safeguard Results

Higher sales and profits in four of its five segments drove the performance of Groton, MA-based New England Business Service (NYSE: NEB). The multititle mailer sells business forms, workwear, packaging and warehouse supplies, and products …

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