November 21, 2001




Movers and shakers

Corte Madera, CA-based cataloger/retailer Restoration Hardware appointed Kevin W. Shahan chief financial officer, effective Dec. 3. Most recently, Shahan was chief financial officer/vice president of operations for NextMonet, an Internet and catalog retailer of fine art products.
Novato, CA-based …

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In News

November 20, 2001




Financial reports: Staples, Intimate Brands, Talbots, Jos. A. Bank, and more

Staples Posts Income Gains
Office supplies giant Staples (Nasdaq: SPLS), which mails the Quill catalog in addition to operating the Staples catalog/retail chain, recorded a 7% boost in third-quarter net income, to $91.3 million for the three months ended Nov. 3. Revenue …

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In News

November 20, 2001




What will consumers spend this holiday? It depends on whom you ask

A number of recent studies offer contradictory predictions for consumers’ holiday shopping plans this year. Some studies forecast a gloomy holiday season, with consumers reining in spending. Others project that consumers will spend as much as—if not more than—…

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In News

November 19, 2001




Study: one-third of Americans “very satisfied” shopping online

Thirty-five percent of Americans report being “very satisfied” with their online shopping experiences, and 17% say that they are more satisfied with their online holiday shopping experience this year than last year. The findings are according to “The eSpending Report” released …

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In Uncategorized

November 16, 2001




Report: online marketers will lose $13.5 billion in 2001

Poor customer service has its cost: $13.5 billion this year, according to market analysis firm Datamonitor. In its report “Online for the Holidays,” Datamonitor projects that less-than-satisfactory online service will result in $13.5 billion in lost sales this year for online marketers.

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

November 16, 2001




Bill Containing USPS Aid May be Revived in Senate

Washington–Intense negotiations are underway in the Senate to revive a $1.1 billion economic stimulus bill that would provide an immediate infusion of cash to the financially ailing U.S. Postal Service.
Wednesday, the measure, previously approved by the House, was effectively …

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In News

November 16, 2001




Senate approves Internet-access tax moratorium extension

The U.S. Senate on Nov. 15 voted 57-43 to renew the moratorium on Internet access taxes for another two years, through Nov. 1, 2003. The previous ban, enacted in 1998, expired on Oct. 21. Last month, the House approved an identical bill, which President …

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November 16, 2001




Financial reports: Dell, Sharper Image, Nordstrom

Dell’s net income down 36%
Direct marketing computer giant Dell (Nasdaq: DELL) suffered a 36% plummet in third-quarter net income and a 10% slide in revenue. For the three months ended Nov. 2, Dell reported net income of $429 million on sales of $7.5 billion. …

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November 15, 2001




Financial reports: Varsity, Urban Outfitters

Varsity Brands 3Q Revenue Up 4%
Varsity Brands
(Amex: RDL), formerly known as Riddell Sports, which manufactures cheerleading and dance team products, (Amex: RDL) posted a net gain of $8.7 million for the quarter ended Sept. 30. The Memphis-based manufacturer/marketer of cheerleading …

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November 15, 2001




At the GCIC: roundtable homes in on flexibility

Naples, FL—Flexibility, and the lack thereof, was a hot topic at a roundtable discussion at the 2001 Gravure Catalog and Insert Council (GCIC) Conference here. Representatives from J.C. Penney, R.R. Donnelley & Sons, Flink Ink, and Madison International led …

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